REGISTERED CHARITY NUMBER: 1118052 Report of the Trustees and Unaudited Flnanclal Statements for the Year Ended 31 December 2024 for HEATH EVANGELICAL CHURCH MHA (trading name of Maclntyre Hudson LLP) Limited liability partnership in England & Wales Registered number OC312313 Elfed House Oak Tree Court Cardiff Gale Business Pafk CARDIFF County of Cardiff CF23 8RS
HEATH EVANGELICAL CHURCH CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Page Report of the Trustees Independent Examiner's Roport Statement of Financial Activities io Balance Sheet 11 Cash Flow Statement 12 Notes to the Cash Flow Statement 13 Noles lo the Financlal Statements 14 to 23 Detailed Statement of Financial Activltles 24 10 25
HEATH EVANGELICAL CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their report with the financial slalements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable to charities pparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)- OBJECTIVES AND ACTIVITIES Objectives and alms The objects of the charity {taken from the Goveming Document) are.. to advance the Christian faith in accordance with the Statement of Doctrines referred to in Schedule 1 antj Schedule 2 of the goveming document in such ways and in such parts of the United Kingdom or the rest of the world as the Pastor and Elders from time to time may think fit. bl as subsidiary lo (a) above {and only as subsidiary) to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind in such parts of Ihe United Kingdom or the rest of the world as the Church Council from time to lime may think fit. Activities and meetings (including those for public benefit) The following meetings and activities are open to non-members as well as members of the Church. Many of the meetings are attended by the public. particularty those in the local community-. SUNDAY Morning Prayer Meeting CHURCH SERVICE 10.45am Moming Sunday Schools (Church Hall & Annexe) CHURCH SERVICE 6.00 pm Informal Fellowship Meeting (Church Hall) THURSDAY Toddler Group - lemi-time {Chur¢h Hall) Warm Bank (Annexe) International Students Bible Study Men's Reading Group- monthly (one2two) FRIDAY Youth Bible Study 11-18 years (Annexel Youth Activity Meetings 4-11 years {Church Hall) 11-18 years (Church Hall) Open House for Internationals {one2two) Seniors. Lunch (first Friday of the monlh) MONDAY Missionary Prayer Meeting Home Bible Study Groups (first Monday of the month) Young Persons Bible Study TUESDAY Seniors Coffee Moming (one2two) International Ladies, Bible Study lone2two} Music & Movement (Church Hall) SATURDAY Ladies Reading Group monthly lone2two) WEDNESDAY Women's Bible Class (Church Hall) BIBLE STUDY & PRAYER MEETING (Church Hall) 7.30pm Page 1
HEATH EVANGELICAL CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 OBJECTIVES AND ACTIVITIES Signlficant activities The Church allows the Annexe building to be used as a polling station in locallgeneral elections and as an emergency facility for a neighbouring school. Other Churches, organisations and individuals occasionally made use of Church facilities by arrangement when there was availability and where those activities were in line with the Church conslilulion. The sick, needy and dying (members and non-members) are supported and practical help. These may be visits to private homes. care homes, hospices or hospitals. Weddings and funerals are conducted on the Church premises {members and non-members). The Church raises funds for the relief of suffering in parts of the world that experience great hardship e.g. through natural disasters. The Church employs a full-time worker to lead Ihe Inlemational Student Work, support the young people's work and provide pastoral Ca for young men. The Church also employs 8 full time Women's Worker to engage In care and discipleship work as well as evangelism among women of all ages. Access The aforementioned activities are for the use and participation of all in the community. In order to give as wide an access as possible, the following are provided- Physical a¢ce5S to the church buildings complies with the requirements of the Eqjjality Acl 2010. Further strategies adopted and activities undertaken to achieve the objects of the chaTity In order to further the opportunities to engage the cornmunity in the meetings, aclivities and events of the Church, and to wisely review what is currently done. the following are employed.. Prayer (specific prayer groups, corporate prdyer and personal prayer). Personal conversation and invitation. Advertising and publicity (specialist church newspapers, 11yers and leaflets in the community were distributed by Royal Mail. church magazine. notices and announcements al public church meetings). Website information, downloads and opportunity for e-mail contact with the Church. The Church has Facebook. Twitter pages and a YouTube channel. Wideo Streaming.. Every Sunday. both Morning and Evening SeNi¢es are available as a 'live stream, (via YouTube) lo anyone who has access to the inlemel. The broadcasts include hymn singing, Bible reading. prayer and seThon. Seeking infomiation and advice from relevant individuals, churches and organisations about the spiritual and practical needs of missions, groups and individuals on a case by case basis. The Elders and Church Council have regular meetings which function in a manner that monitors and reviews the activities and objects of the Church. How the Church measured success In the reporting period The Elders and Church Council are conscious that it is only in eternity that we will see what the Lord has been doing amongst us. However, we in no way wish to use this as an excuse to abrogate our responsibilities and. whilst holding on lo the principle that it is His work, not ours. we endeavour to be faithful slewards. As such we look to see the Gospel preached. church members and all others worshipping and fellowshipping wllh u5 laught and ministered to. and any facing hardship Ii)oked after in practical ways. This report sets out financial information which provides some limited insights into our "success" Other numerical infomation such as our membership roll, ntjmbers of those attending our meetings and services and "footfall" in our café and the linked Heath Christian Bookshop Can be helpful, bLtI our main litmus test is the prayer meeting. the Power House of the Church, and even then not in numbers of those attending.. the real test is whether we are attending on Ihe Throne of Grace, and our success or otherwise in appealing for God's help In all we seek to do in His Name. We covet MO of His Presence and, whilst we are not ungrateful for the wonders we see Him dolng In individual lives, we long for greater blesslng through an outpourlng of His Spirfl. Publlc beneflt We have referred lo the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular. the trustees consider how planned activities will contribute to the aims and objectives they have set. Page 2
HEATH EVANGELICAL CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 OBJECTIVES AND ACTIVITIES Grant making The Church makes discretionary grants to Individuals and institutions. Such support is focused on the following categories.. Thèological training for ministerial students and others "Our Missionaries" . Chrlstian workers senl out by the Heath Church Other missionaries Pastors Christian workers People in financial hardship The size and duralion of grants are considered al the dISction of the efders and comMended to Church Council for approval. In particular we support missionaries and other Christian workers who have been commissioned by our Church. We only provide such support to individuals and organisations whose beliefs and practices fil with ChLfrch's aims and objectives. On occasions we also provide humanitarian aid as well as helping in cases of individual financial hardship. Generally. this will be either given direcuy lo beneficiaries or channelled through a Ifusted intemiediary church or other organisation. Volunt¢ers The charity's different activilies are run mainly by volunteers. most of whom are members of the Church. The many and varied activities of the Church are made possible by the voluntary work of members. Members give their unpaid time to such activities as Sunday school and Bible Classes, Youth and Children's Clubs, audio Ministy. website maintenance, stewarding duties. Church Magazine contributions and editing. and vi51ting the sick and needy. Individual members hold specifi¢ posts voluntarily. These include the Treasurers (Church and Missionary). Gift Aid Administrator. Church Secretary. Secretary to the Elders. DBS Administrator. Health and Safety Offir, Chief Steward and Minibus Keeper. Volunteers help to produce lèaflels for evangelism and Ihe bimonthly prayer diary. This list is not exhaustive bul it gives a flavour of Ihe breadth ol voluntary work. It is impossible to quantify the hours per annum bul il runs into the tens of thousands. Page 3
HEATH EVANGELICAL CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 ACHIEVEMENT AND PERFORMANCE Charltable activltles {Referenced to the two maln objects (a) and (b) of the charlty) The Church met for worship throughoul tha year, twice on Sunday and throughout the week for prayer, Bible study and activities for young and old. {a} The Pastor pached on the majority of Sundays; the Pastor did not preach for us on the last Sunday of each month. Our Assistant Pastors: Andy Christofides preached on 20 oc¢asions and Nathan Munday preached on 15. Visiting preachers throughout the year were.. Michael Teutsch {Cardiff), Alun Johnson {Cefn Hengoed), Jonalhan Wilson (Blackpool). Owen Batstone Icardiffj. Scott Moore (EMF), Steve Dyer (Upper cWMch), Roger Carswell, Philip Eveson Iwrexham) and Gary McKee (Church Member). la} Recordings of sermons and Bible studies were provided through the website (downloads) and YouTube page. {al Christianity Explored courses were held (a) A week-long evangelistic outreach mission was held in October wtlh Roger Carswell leading the meetings. (a) Financially, the Church was able to meet all its commitments during 2024 through the continued support of ils members. (a) The Church continued to provide financial support for the Heath Christian Bookshop Trust. {a) The Church owns 122 Whitchurch Road (known as 'one2two'} which is used as a Christian Bookshop and Coffee Shop. Additional rooms on the first floor are used as an office and a lounge for church meetingslactivities. One21wo is a ministry of the Church in the community. {a) {b) The Church runs the coffee shop in one20 and employs a coffee shop manager and supervisors. A coffee shop committee is appoinled to plan. monitor, review. and report to Church Council. Volunteers alon9 Wlth paid staff serve and help with the day to day operalions of Ihe coffee shop. Ib) Financial. spiritual and moral support was provided for members serving across the world in Africa, Europe and Asia. The Church continued lo support the work of one of its missionariès involved in helping to run homes lor men and women with physical andlor leaming disabilities in Moldova. Other missionaries were supported financially in their primary task of preaching the Gospel. We also provided help in related work including support for.. Dai Hankey and the Mercy Church, Llanishen Evangelical Church. Bryn y Groes. Hill Park Baplisl Church. Equipping Pastors Woddwide and Paul Daniel Jnr. The Church has provided the manse as accommodation for a Ukrainian family of six. The family vacated the manse in May 2024. {al (b) A special collection wa5 made at Christmas for work with children in Haiti and Eastern Europe. (b) The Church continued lo administer a fund for the relief of financial hardship experienced by individual members and non-members. Ibl The Church provided the opportunity fr)r the training and development of "apprentices" The majority of the expenses were supplied by financial supporl from members of the church. The training continued until Ihe end of August 2024. la). The Church continued to employ an administrative assistant to enable the Church office to be open for S hours 4 days per week and to help with the efficienl running of the Church. (a) (b) A weekly coffee morning is run to foster fellowship and counter loneliness tor seniors within the local community- (a) (b) Christian tslks in morning assemblies for local schools are provided as requested {al The Church continued to edit and publish a bi-monthly magazine for distribution (both electronically and in print) to members and other interested parties. (a) The Chur¢h website. YouTube page and social media accounts continued to be a useful tool for providing Information worldwide and welcoming electronic contact from website visitors. la) Hospitslity was provided lo those in need. Ib) A Warm Bank was held for one day each week (from October to the following February) Ib) Regular outreach to residential Ca establishments included Bethel House, Lakeside and Ty Coch residential homes. (a) Progress the Church has made against its oblectlves Wednesday evening meetings involve a Bible sludy. a time of prayer, and opportunllies to present a review of progress by the members of the congregation involved in various activities of the Church. Page 4
HEATH EVANGELICAL CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Members are encouraged to bring questions or matters ol conrn lo the Injslees. The Elders Consider all points raised and respond as they deem appropriate, keeping other trustees informed at monthly meetings of the full Church Council. The Elders assess progress on a continual basis al their regular Tuesday evening meetings and bring everything to the Lord in prayer, feeding back lo the congregation through individual letters, the bi-monthly Church newsletter and announcements made at the Sunday and other services. Positive and negative factors that affected tho achievement of objectives and how future plans are affected We have been blessed with a Pastor and Assistant Pastors who have been enabled to preach to us and leach us in Ihoughfful and helpful ways. Through this ministry we are seeing new individuals brought to a saving knowledge of Christ, and Chrlslians growing spiritually. As well as the ministy. there are many members actively engaged in the work, mosuy unpaid but some paid. as teachers, helpers. evangelisls. cleaners. book and coffee shop assislanls. missionaries, eneouragers and youth workers. We are grateful for the tireless effort5 of so many who. in His name, give willingly of their time to wn these activities and those also who work so hard behind the scenes to make sure that the environment is safe and suitable for these things to continue. OLrr God is good. Principal rlsks and uncertalntles Financially, the Church has had a moderately successful 2024 due to cafUl management and o)ntrol of the budgets. However, this is tempered by the fall of income from donations and so care should be exercised in 2025. The twstees have agreed lo increase the deemed free reserves required from £100,000 10 £150,000 as reflected within the reserves policy. This money would be used in any fulure exlfeme situation to offset the deficit between income and expenditure whilst remedial action is taken again to alleviate the situation. Property maintenance during 2024 Routine inspection. servicing, and cyclic maintenance work has continued in compliance with safety and statutory obligations. General maintenance needs have proved to be greater this year with more extensive work needed on boilers. the fire detection system. fire extinguishers. and repairs following a break-in. More major projects have progressed with the internal and extemal redecoration of the Church Hall and replacement of deteriorating light ffitting5. Preparations have been made for the installation of a new kitchen in the Manse. and for repainting the external rendering. However, there remains dÈfficulty in engaging suitable IxintractOfS to undertake planned maintenance work. The construction industy is busy, and trade prices continue to increase. Replacement of the boiler house roof and rendering at the rear of 122 Whitchurch Road remain pending. As reported annually. at some point in the future there will be a major financial requirement for complete re-rooffng of the main church building and for repainting the ceiling. FINANCIAL REVIEW Financlal position The Statement of Financial Activities reports a net surplus for the financial year of £15.51512023 £47,571). This is Split as a surplus on unrestricted funds of £28.204 and a timing deficit on restricted ftjnds of £12,689. DuTing the financial year the Church received an unrestricted legacy donation of £47,000. It was reported last year that the chUh had madg a 'staggering tumaround, following the bleak position of the previous financlal year. The response resulted in an overall increase in donations by £92,100. This high level of giving has not been maintained in 2024. Note 3 to the financial statements reF)orts total income from donations and legacies of £563.698 (2023.. £568.244). If the effecl of Ihe legacy income in each year is removed. then the income from donations has decreased by £31.546. This position would have been exacefbaled without a oneff donation of £20.000 received in November 2024. The coffee shop continued to run at a deficit. Direct coffee shop income reported at £61.539 with an 8dditional sum of £5,979 received by way of restricted donations. Coffee shop expenditure reported al £80,529 including salary costs. resulting in a deflclt of £13.011 (2023 - net deficit- £12,591). Camps generated an income of £35,316 wilh costs of £35,058 which meant a surplus of £258 (2023 - net deficit £1,621). Page 5
HEATH EVANGELICAL CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 FINANCIAL REVIEW Prln¢lpal funding sourcfrs The Church's income takes the fomi of regular giving via the Church website, and also directly into the Church's bank accounts. The donatlon boxes in the foyer have also been re-opened and have proved to be a Significant source of income. Income from offerings. gift aid and the missionary account was £513,798 Compared with £542,844 in 2023 (legacies excluded). Missionary income from donations was £118.146 (2023: £141,493). The decrease in missionary giving is a concern. Missionary Committee will endeavour to raise the profile Concerning the importance of supporting our missionaries In 2025. Total income for the year is reported at £679,254 including a legacy of £47,000 compared lo £672,080 in 2023 which included a legacy of £20,000. It was noted last year that 'lt is unknown whether Ihe increased giving will continLFe in 2024 as the increased donations may have been a response to 8 particular set of circumstances., The eviden suggests that this has not been the case. we remain careful stewards of the money. mindful that day-tt)-day expenses should be paid from current income. Finance Committee slated to Church Council the following - "Finance Committee expressed unanimous concern that the money (in the reserves) should not be spent hastily for the sake of reducing the resetves, and that the money should only be spent based on merit.. Reserves polley The total funds held at the year end stand at £2.362.341. of which £46.160 is restricted. However, of this amount the Church has designated funds of £2,003,415 leaving free reserves of £312,766. InclLtded wilhin designated funds are the following.. Fixed asset fund of £1,853,415 equal to the nel book value of the fixed assels held. Car parking land of £100.000 for futu opportunty to purchase land close to Ihe Church building Essential propety works £50.000 The trustees consider that reserves should not be less than £150.000 at any time. This is a relatively modest value compared wilh the income and expenditure flows. However. at presenl, free reserves held of £312,766 are in excess of £150,000. During 2024, it was agreed that there should be a policy for reducing the amount of the free reserves. The exercise stsrted in September 2024 when the amount of money in the two reserve bank accounts stood at £433,000. In broad terms the following was agreed - increase protected reseNes to £150,000 as reflected in this policy,. make a piovision for funding a car park £100,000-, provision for various infrastructure works on the Church and manse £50.000- Further estimates and proposals are due for consideration. STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng document The Heath Evangelical Church is Conslituled as a charitable trust whose governing dUrnent is its constitulion and trust deed. Oryanlsational structure All decisions relating lo the spiritual oversight and overall direction of the Church are taken by Ihe Pastor and Elders. All other decisions are made by the Church Council which consists of the Pastor. Elders, Deacons and Church officers. Appolntment of Pastor The Pastor is elected by the 8dmStted members of the Church by a special resolution passed at a Church meeting. Page 6
HEATH EVANGELICAL CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Ele¢tion of Elders Instruction is given lo Church members conceming the biblical qualifications of an Elder. Members of the congregation are invited to suggest to the Elders names for consideration. From the names suggested to them, and any others the Elders may consider suitable, the Elders recommend nominees to the Church members, based on the needs of the Church at that time. Their names are Ihen presented to a meeting of Church members called to elect Elders. Thos6 receiving Ihe votes of at least two thirds of the members Psent and voting are considered duly elected. Those elected are approached by the Pastor and Elders and invited to accept the office. Those persons duly elecled as Elders are recognised at an Ordination Service. Elders are elected for life, or as long as they continue to be members of the church, or until they reslgn, or until they are removed from office, whichever is the earlier. At least every seven years. a recommendation is placed before the Church members for an election of Elders to be arranged. Should this recommendation be supporled by at least two thirds of those present and voting. the necessary arrangements are made. Electlon of Deacons Deacons are elected to office by a meeting of the Church. They are elected from those who have been members of the Church for over three years. Vacancies in the Diaconate are filled by those nominations obtaining the largest number of votes at a Church meeting, provided they receive a minimum of one third of those present and voting. Nominations for election are submitted to the Church Secretary and signed by the PToposer, seconder and nominee. All must be members of the Church. Induction and training of new trustees Any new deacon elected must have been a member of the Church for a minimum of three years. The pastor, elders. deacons. secretary and treasurer are all trustees. In practice. new trustees have been members for much longer than this. This experience is of great benefit in tetms of familiarising trustees wrth the day to day functioning of the Church and ils administrative systems. Information regarding the committees of the Church an¢J roles of key personnel is provided in the annual Members. Directory. Trnstees will have reIVed the accounts of the Church for at least the previous three years. New trustees are provided with booklets on the roles and duties of trustees of charities, pvblished by the Charity Commission. The Church Secretary briets new trustees on the prodUreS and pra¢lices that are unique lo Church Council members. The Church Constitulion is provided and it gives more detailed information on procedures and practices, including the objèctives of the Church. Key management remuneration An important pay principle in our pay policies is that our pay scales, salaries and benefrts are proportionate to the complexity of rolel responsibilitie5. We aim to pay around the median for similar roles in similar organisalions bul not compete on salaries within the public OT private sectors. To help us achieve this, we monitor similar charity sector pay trends through available sources. Related partles The charity has several trustees in common with Heath Christian Bookshop Trust and has given financial support to this organisation during the year. Risk management The trustees have a duty to identify and revlew the risks to which the charity is exposed and lo ensure appropriate controls are in place tr) provide reasonable assurance against fraud and error. The Church has both a Safeguarding Policy and Safeguarding Guidglines which have been approved by and lodged with the Churches Child Protection Advisory Service. Disclosure and Barring Service (DBS) Disclosures have been sought and re¢efved for all trustees of the Church and for those who work with children and vulnerable adults in the Church. There is a rolling programme for updating I renewing these DBS Disclosures. The Health and Safety Policy has been revised to ensure compliance with current recommendations. Key personnel have been consulted and the Policy given to all relevant staff. Adaptations and improvements have been made to the Church premises to ensure compliance with the Equality Act 2010. Insurance cover was sel in the light of independent advice. The trustees comply with Charity Commission advice and directives in the running of ihe Church. The Church's finances a subje¢l to extemal independent examination. During 2024. day trj day expenditure was managed from the church income. The church reserves were utillsed for agreed and controlled expenditure for specific needs and issues. The trustees are satisfied that any major rlsks are being assessed and systems put In place for Iheir mitigation. Page 7
HEATH EVANGELICAL CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 REFERENCE AND ADMINISTRATIVE DETLs Reglstered Charlty number 1118052 Prlnclpal addrefys 122 Whttchurch Roed Heath CARDIFF County of Cardiff CF14 3LZ TtsS R W Akrill (Eld8r} A J Barker {Eld@r) K Balstone (Elder) L Chorbadjian (Elder) A ChrislDfideB {Asslslant Pastor and Elder)- untll 31 Mar¢h 2025 D E Davle$ (Elder) W G Evans (Elder) A W Hughe¥ {PastDr) N Munday {Asslstant Pastor an(1 Elder)- appointed 18 May 2024 K J OrGhard {Elderl M S Pad(nlanather {Elder)- appointed March 2024 P W TenGh (Elder) The folkng Tnjsleos stood down October 2024: T Cros8 (Deacon) A Donlon (Deacon) M Fordo (Deacon) J Gigg (Treasurer) G GTiZg119 (Deacon) R Hate {SeGretary) A Jones {DegGon) J G Jones {Deaconl J Musty {Deacon> C Prolhero (Deacon) M J Pugh (Deacon) G R Roberts (Deacon) G Seymour (Deacon) Indèpendent Examlner MHA {tr8dlng name of Maclntyre Hudson LLP} Limited liability partnership in England & W8le5 Registered number OC312313 Elfed House Oak Tree Court Cardiff Gate Business Park CARDIFF CF23 8RS Approved by orderof the Board of Trustses on IU 14.... h ..3.0,I£.... and slgned on Its behalf by-. ard- Elder and Trustee Pag8 8
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEATH EVANGELICAL CHURCH Independent examlner's report to the trustees of Heath Evangellcal Church I report to the charity tnjstees on my examination of the accounts of Heath Evangelical Church (the Trust) for the year ended 31 December 2024. Responsibilittes and basls of report As the charity Iwstees Df the Trust you are responsible for the preparation of the accounts in a¢¢ordance with the requirements of the Charities Act 2011 {'the AcV)- I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in cairying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145{5l(b) of the Independent examiner's statement Since your charity's gross income exceeded £250.000 your examiner must be a member of a listed body. I can confimi that l am qualified to undertake the examination be¢ause l am a member of the Association of Chartered Certified Accountants. which is one of the listed bodies. I have completed my examination. I confirrn that no material matters have come to my attention in connection with the examination giving me cause lo believe that in any material respect: accounting records were not kept in respect of the Trust as required by Section 130 of the Act- or the accounts do not a¢cord with those records.. or the accounts do not comply with the applicable requirements Conrning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requiTrment that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concem5 and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Julia Mortimer FCCA MHA (trading name of Maclntyre Hudson LLP) Limited liability partnership in England & Wales RegiSted number OC312313 CARDIFF CF23 8RS Date: Page 9
HEATH EVANGELICAL CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Total funds 2023 Total funds Unrestricted funds Reslricled funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 420.118 143,580 563,698 568,244 Charitable activitie$ The promotion ol Christianity Coffee shop 36,166 61,539 36,166 61,539 33,043 61,958 Investment income Other income 9,509 7,838 504 10,013 7,838 5,587 3,248 Total 535 170 144.084 679.254 672,080 EXPENDITURE ON Charitable activitSes The promotion of Christianity Coffee shop 433,101 73.865 150,109 6.664 583,210 80.529 543,605 80,904 Total 506,966 156.773 663.739 624.509 NET INCOMEI{EXPENDITURE) 28,204 {12.689} 15.515 47.571 RECONCILIATION OF FUNDS Totsl fvnds brought forward 2.287,977 58.849 2,346.826 2,299.255 TOTAL FUNDS CARRIED FORWARD 2.316.181 46.160 2.362.341 2,346.826 The notes fomi part of these financi81 slalements Page 10
HEATH EVANGELICAL CHURCH BALANCE SHEET 31 DECEMBER 2024 2024 Total funds 2023 Total fvnds Unrestricted funds Restrtcted fvnds Notes FIXED ASSETS Tangible assets 12 1,853,415 1,853,415 1,843,892 CURRENT ASSETS Debtors Cash at bank and In hand 13 20,049 2,383 22,432 494 209 24,465 470,481 46.160 516,641 511.286 CREDITORS Amounts falling due withln one year 14 {7.715) (7,715) {8,352) NET CURRENT ASSETS 502,934 TOTAL ASSETS LESS CURRENT LIABILITIES 2,316.181 46.160 2,362.341 2.346.826 NET ASSETS 2316 181 2.346 826 FUNDS Unrestmctad funds Restricted funds 16 2.316.181 46.160 2.287,977 TOTAL FUNDS 2.362.341 2.346 S26 The financial 8tatements were approved by the Board of TnJste8s 8nd authori81 for issue on JL¥...l¥...kn.Ikn...... and were signed on behalf by: anl- Eider and Trustee The noles fom) part of Ihe8e finandal stalenHIts Pa9e 11
HEATH EVANGELICAL CHURCH CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes Cash flows from operating activltles Cash generated from operations 17,641 29.529 Net cash provided by operating activities 17,641 Cash flows from investing activltigs Purchase of tangible fixed assets Interest received {20,266) 10,013 5.587 Net cash (used inyprovided by investing activltles 10,253) 5.587 Change in cash and cash equlvalents in the reporting period Cash and cash equivalent$ at the beginning of the reporting period 7.388 35,116 486.821 451,705 Cash and cash equivalents at the end of the reporting period 494,209 486.821 The notes forni part of these financial statements Page 12
HEATH EVANGELICAL CHURCH NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net income for the Teporting perlod (as per the Statement of Flnaneial Actlvities} Adjustments for: Depreciation charges Interest received Decreasel{increase) in debtors Decrease in creditors 15,515 47,571 10.743 (10,013) 2,033 637 4,421 (5,587) 116.650) 226 Not cash provlded by operatlons 17,641 29.529 ANALYSIS OF CHANGES IN NET FUNDS At 111124 Cash flow At 31112124 Net cash Cash at bank and in hand 486.821 7,388 494.209 486.821 7.388 494.209 Total 486,821 7,388 494.209 The notes form part of these financial statements Page 13
HEATH EVANGELICAL CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 STATUTORY INFORMATION Heath Evangelical Church Ss an unincorporated charity in Wales within the United Kingdom. The principal address is 122 Whilchurch Road, Heath. Cardiff, CF14 3LZ. The financial statements are presented In Sterling (£), the charity's functional currency, and rounded to Ihe nearest pound. The principal activities and nature of the charity's operations is to advance the Christian faith, to relieve sickness and financial hardship and to preserve good health by the provision of lunds. goods or seNi¢es of any kind in such parts of the United Kingdom or the rest of the world as the Pastors, Elders and Church Council from time to time may think fit. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. ACCOUNTING POLICIES BASIS OF PREPARING THE FINANCIAL STATEMENTS The financial slalements of the charity. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities= Slalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financtal Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective 1 January 2019}'. Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial slalemenls have been prepared under the historical cost convention. The financial statements have been prepared to give a 'true and fair, vlew and have departed from the Charities {Accounts and Reports) Regulations 2008 only to the extent to provide a Irue and fairf view. This departure has involved following the Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their accounts in accordance wtlh the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 rather than the A¢¢ounting and Reporting by Charities- Slalement of Recommended Practice effective from 1 April 2005 which has Sin been withdrawn. There have been no material ijepartures from Financral Reporting Standard 102. Going concern In light of Ihe Charits free re5eNes held and cash flow management. no material uncertainties exist relating to events or conditions that may cast significant doubt upon the entity's ability to conlFnue as a going cOnrn. INCOME All income is recognised in the Slalement of Financial Activities once Ihe charity has entitlement to th8 funds, il is probable that the income will be received and the amount can be measured reliably. Donations and legacies income includes donations and gifts thal provide core fvnding or ale of a general nature and are recognised where there is entitlement, probability of receipt and the amount can be measured with sufficient reliability. Such income is only deferred when the donor specifies it must be used in future accounting periods or the donor has imposed conditions which musl be met before the charity has uncondits'onal entiuemenl. Income from charitable activities includgs income received from camps. coffee shop and similar sources. This income is regnised as the related service is provided and there is enliltement. probability of receipt and the amount can be measured with sufficient reliability. Such income is only deferred when the amounts received are in advance of the performance of the servlce lo which it relates. Investment income is recognised on a receivable basis. EXPENDITURE Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, It is probable that a transfer of economic benefits wlll be required in settlement and the amount of Ihe obligation can be measured reliably. Expendtture is accounted for on an accruals basis and has been classified under headings Ihat aggregate all cost related lo the category. Where costs cannot be directly attributed to particular headings. they have been allo¢a*ed to activities on a basis consistent with the use of resources. Page 14 continued...
HEATH EVANGELICAL CHURCH NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES - continued EXPENDITURE Charitable expenditure comprises those costs incurred by the charity in the delivery of its aclivilies and services for its beneficiaries. It includes both costs that can be allocated dire¢ily to such activities and those costs of an indirect nature necessary to support them. Support costs are those costs that, whilst necessary to deliver an activity, do not themselves produce or constitute the output of the charitable activity. This includes govemance costs which are those cosls associated with meeting the constitutional and statutory requirements of the charity. ALLOCATION AND APPORTIONMENT OF COSTS Support costs are those functions that a5SlSt the work of the charity but do not directly undertake charitable activities. Support costs include staff costs, finance costs. general office and premises costs. and govemance costs which support the activities of the charity. These costs have been allocated to charitable activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly- others are apportioned on an appropriate basis. Flnancial instruments The charity only has financial assets and financial liabilities of a kind that qualfy as a basic financial instrument. Basic financial instruments are initially recognised at transaction value and subsequenuy measured at their settlement value. Debtors Trade debtors and other debtors are recognised at the settiemenl amount due after any trade discounts i)ffered. Prepayments are valued al the amount prepaid net of any trade discoun15 due. Creditors Creditors are recognised where the charity has a present obligation resulting from a past event Ihal will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Credilors are nomalty recognised at their setuemenl amount after allowing for any trade discounts due. TANGIBLE FIXED ASSETS Fixed assets are capitalised at cost. The charity has previously adopted a policy of revaluing ils freehold property to fair value, however advantage has been taken of the transitional exemptions of FRS 102 and the previous revalued amount is now being treated as deemed cost. Depreciation is calculated so as to write off the cost of an asset. less ils eslimated residual value, over the useful life of that asset as follows: Manse Improvements to Manse Fixtures, fitting5 and contents Molorvehides Equipment - 2°A on cost 100/0 on cost 250/0 on cost 25 /0 on reducing balance - 25/0 on cost Depreciation is not charged on Ihe church h811 and annexe building 8$ the building is a historic church where a contribution to knowledge and culture is ancillary to faith akin lo a herikge asset. The Church Council are committed to ensurfng they are maintsined to a high standard. TAXATION The charity is exempt from tax on its charilable activities. FUND ACCOUNTING Unrestricted funds can bo used in accordance with the charitable objectives at the discrellon of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrlctions arise when specified by the donor or when funds are raised for particular restricted purposes. Designated funds are created for specific purposes at the discretion of Ihe trustees. Page 15 continued..
HEATH EVANGELICAL CHURCH NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES - contlnu¢d FUND ACCOUNTING Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. DONATIONS AND LEGACIES 2024 2023 Offerings, covenants, gift aid & other donations Missionary SUPPOrt Welsh Government- Homes for Ukraine Scheme Legacies 395,652 118,146 2,900 47,000 401.351 141,493 5,400 20.000 563,698 568.244 INVESTMENT INCOME 2024 2023 Deposit ac¢ount interest 10.013 5.587 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity The promotion of Christianity The promotion of Christianity Coffee shop Camps income House party fees Coffee shop income 35.316 850 61.539 33,043 61,958 97.705 95,001 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 7) Support costs (see note 81 Totals The promotion of Christianity Coffee shop 552,810 80,529 30,400 583,210 80.529 633,339 30,400 663,739 DIRECT COSTS OF CHARrrABLE ACTIVITIES 2024 2023 Staff costs Staff expenses Insurance. fire and security Missionary 5UPPOrt Telephone Sundries Support to Healh Chrfstian Bookshop Trust Discretionary grant payments Heal, light & water rates Repairs and maintenance Sunday school and youth work Gospel Support Wales Minibuses Pulpil supply 178.896 5.362 11,683 150,060 2.172 17,260 13,135 50,560 41.954 27.154 1,692 400 2,281 1,501 184,653 3,412 8,551 163,026 853 5,887 9.613 41.146 29,042 19.224 1,326 2.850 2.107 884 Carried forward 504,110 472,574 Page 16 continued...
HEATH EVANGELICAL CHURCH NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 DIRECT COSTS OF CHARITABLE ACTIVITIES . continued 2024 2023 Brought forward Healh camps Catering and hospttality Magazine cosls Coffee shop direct costs Coffee shop salaries and wages Coffee shop social security Coffee shop pensions Coffee shop heat. light & water and repalrs Media outreach Depreciation 51)4,110 35,058 2,860 39 28,581 42,946 2.527 1,818 4,657 472.574 34.664 2,497 1.819 25.554 42,720 2.370 1,855 6,563 288 10,743 633.339 595.325 Within direcl costs are grants payable of £50.560. This includes.. Grants payable to individuals Grants payable to inslilulions 13 12 29.425 21,135 Charitable Objective DescTiPtion Individuals Institutions Total Hardship relief UK Theological training Evangelical Churches and other Evangelistic activities Support for fomier pastors 4,850 200 4.850 200 21,135 21.975 2.400 21.135 21,975 2.400 8&b 29,425 21.135 50.560 Examples of grants awarded to institutions are as follows.. Organisation Llanishen Evangelical Church Mercy Church Hill Park Baptist Church Gra and Tnjth Christian Congregation AECW Evangelical Movement of Wales Union Foundation Affinity Purpose Churches representation Churches representation Churches representation Israell Gaza appeal Churches representation Churches representation Churches representation Churches representation 5.000 5.000 3.000 2,235 1,000 1.000 1.000 1,000 In addillon to the above, Support to Heath Christian Bookshop Trust includes a grant of £13,00012023: £9,000) for Ihe purpose of the sale of Chrtslian books. Page 17 continued...
HEATH EVANGELICAL CHURCH NOTES TO THE FINANCIAL STATEMENTS . CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 SUPPORT COSTS Staff costs Governance costs Other Totals The promotion of Christianity 3,780 30,400 Included within support costs are independent examlnation fees of £3,78012023'. £3.7801. TRLISTEES. REMUNERATION AND BENEFITS The followlng payments were made to trustees and connected persons.. . Remuneration and benefits as employees {Gro$s pay and employers pension contributions).. 2024 2023 K Batstone for pastoral work A W Hughes as pastor L Chorbadjian for pastoral work A Christofides for pastoral work 5,668 45.450 27,105 36.700 46,539 28.379 37.378 TRUSTEES. EXPENSES There were no tnjstees, expenses paid for Ihe year ended 31 December 2024 or for the year ended 31 December 2023. 10. STAFF COSTS 2024 2023 Wages and salaries Social security ¢os15 Pension costs 221.354 12.691 10,192 225,855 12,212 9.894 244,237 247.961 The average number of staff employed by the charity during the financial year amounted to 11 {2023'. 131- No employee eamed more than £60.000 during the year. Page 18 continued...
HEATH EVANGELICAL CHURCH NOTES TO THE FINANCIAL STATEMENTS . CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 11. PREVIOUS YEAR COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 360,406 207,838 568,244 Charltable activities The promotion of ChristFantly Coffee Shop 33,043 61,958 33,043 61,958 Investment income Other income 5.587 3,248 5,587 3.248 Total 464,242 207,838 672.080 EXPENDITURE ON Charitable a¢tivities The promotion of Christianity Coffee shop 372,241 74,549 171.364 6,355 543,605 80.904 Total 446,790 177.719 624,509 NET INCOME 17.452 30.119 47.571 RECONCILIATION OF FUNDS Total funds brought forward 2,270.525 28.730 2.299,255 TOTAL FUNDS CARRIED FORWARD 2.287.977 58.849 2,346.826 12. TANGIBLE FIXED ASSETS Church, hall & annexe buildings Improvements to Manse Manse COST At 1 January 2024 Additions 1,486,753 350.000 18.002 At 31 December 2024 1,486.753 350.000 18,002 DEPRECIATION Al 1 January 2024 Charge for year 7.000 At 31 December 2024 7,000 NET 800K VALUE At 31 December 2024 1.486.753 343,000 18,002 At 31 December 2023 1,486,753 350.000 Page 19 conlinued..-
HEATH EVANGELICAL CHURCH NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 12. TANGIBLE FIXED ASSETS - ¢ontinued Fixtures, rillings & contents Motor vehicles Equipment Totals COST At 1 January 2024 Additions 30.305 19.400 41,896 2,264 1,928,354 20,266 At 31 December 2024 30,305 19,400 44,160 1.948.620 DEPRECIATION Al 1 January 2024 Charge foryear 29.242 574 18,667 183 36,553 2,986 84.462 10,743 At 31 December 2024 29,816 18,850 39.539 95.205 NET BOOKVALUE Al 31 December 2024 489 550 4,621 1.853.415 At 31 December 2023 1.063 733 5,343 1,843,892 Depreciation is not charged on the church hall and annexe building a5 the building is a historic church where a contribution to knowledge and culture is ancillary to faith. The Church Council are committed to ensufing they are maintained to a high standard. 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Gift aid recoverable Prepayments and accrued income 8.373 14.059 10,051 14,414 22,432 24,465 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Taxab'on and social security Other creditors 1.699 6.653 7,715 7,715 8,352 15. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due as follows: 2024 2023 Wtlhin one year Between one and five years 1,657 3.729 1,657 5,386 7,043 The total lease paymenls recognised as an expense in the year amounted to £1,699 (2023.. £1,736). Page 20 continued...
HEATH EVANGELICAL CHURCH NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 16. MOVEMENT IN FUNDS Net movement in funds Transfers beiween funds At 31112124 At 111124 Unrestrlcted funds General fund Missionary fund - designated Legacy fund Fixed Asset Fund Car parking land Essential propety works 395,220 106,820 (19,008) (48.865) (10,743) (189.274) 19.008 312.766 48,865 1.843,892 20.266 100,000 50,000 1.853,415 100.000 50.000 2,287,977 28,204 Restricted funds Missionary fund Camps fijnd 2,316,181 38,849 20.000 112,689) 26,160 20.000 58.849 12.689) 46.160 TOTAL FUNDS 2.346.826 15.515 2.362,341 Net movement in funds. included in the above are as follows- Incoming resources Resources expended Movement in funds Unrestricted funds General fvnd Missionary fund - designated Legacy fund Fixed A$5et Fund 535,170 {428,350) {19,008) {48,865} 10.743) 106,820 {19.008) (48.865} 10,743> 535.170 Restricted funds Missionary fund Coffee shop lund Special appeals. collections and other giving Contribution to salaries (506.9661 28.204 118,649 6.664 (131,338) (6.664) {12.689) 13,771 5.000 113,7711 144,084 156,773 12.689) TOTAL FUNDS 679.254 663.739) 15.515 Page 21 continued...
HEATH EVANGELICAL CHURCH NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 16. MOVEMENT IN FUNDS- Continued Comparatives for movement in funds Net movement in funds Transfers between funds At 31112123 At 111123 Unrestricted fund$ General fvnd Missionary fund - designated Legacy fvnd Gospel Support Wales Fixed Asset Fund 372,875 42,337 {19,992) (19,992) 19,992 395,220 48,865 472 1,848 313 48,865 (472) 1,843.892 2,270.525 17.452 Restricted funds Missionary fund Camps fund 2.287.977 28,730 10,119 20.000 38,849 20,000 28.730 30.119 58,849 TOTAL FUNDS 2.299.255 47.571 2,346.826 Comparative net movement in funds. included in the above are as follows.. Incoming resources Resources expended Movemenl in funds Unrestricted funds General fvnd Missionary fund - designated Gospel Support Wales Fixed Asset Fund 464,242 (421.905) {19,992) {472) 42.337 {19,992) (472) 464.242 Restricted funds Missionary lund Coffee shop fund Camps fund (446.790) 17,452 181,483 6.355 20.000 1171,364) {6.355) 10.119 207.838 177.719) 30.119 TOTAL FUNDS 672,080 624,509) 47,571 Designated funds The missionary fund ha5 been set up to deal with income which has been designated by the Church lor missionary work. The fixed asset fund represents the net book value of the tangible fixed assets. The legacy fund was set up in 2021 followlng the reIpt of a new legacy in the prior 2021 financial ygar of £101,012. The Trustee Board set aside the funds lo segregate for inlemally agreed use, including covering salary costs for the new Assistant Pastor who took up post February 2022. The remainder of this fund was fully utilised in 2024. A new designated fund of £100.000 was approved by the trustees in the year to Set aside funds for a potential opportunity lo acquire land close to the church for car parking facilrties. A new designated fund of £SO.000 was approved by the truslees in the year for planned essential propety works identified by the propety committee. Page 22 continued..
HEATH EVANGELICAL CHURCH NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 16. MOVEMENT IN FUNDS . contlnued Restricted funds The missionary fund exists to provide financial support to church missionaries in various parts of the world. It is maintained by donations received. The coffee shop support fund represents specific donations and the associated gift aid on donations given directly to support the coffee shop. other special appeals. collections and giving - restricted as applicable to the relevant appeal, collection or giving. Camps fijnd - a legacy of £20,000 was received lowards the end of 2023 lo be used by the church lo all¢)W children lo attend the various church camps. No spend was incurred on this fund in 2024. Prior year only The Gospel Support Wales fund was set up using a legacy fund ceiVed during 2016. The lund was used to support missionary activity within Wales and the rest of the UK TRANSFERS BETWEEN FUNDS A transfer of £20,266 was made from the general fund to the designated fixed asset fund in respect of fixed asset additions in the year. The Church designated £19,008 of unrestricted income to be used for Missionary work. During the year the tnjstees approved two new designated funds: 1. Car parking land opportunity £100,000 2. Essential property works £50,000 Prior year The Church designated £19,992 of unrestricted income to be used for Missionary work. EMPLOYEE BENEFIT OBLIGATIONS 17. The charity contributes to individual stakeholder pensions. The assets of Ihe scheme5 are held separately from those of the charity in independently administered funds. The pension cost charge represents contribulions due to the employees of the charity and amounted to £10,192 (2023.. £9,894). Outstanding contributions at the year end amounted to £Nil {2023- £Nil). 18. RELATED PARTY DISCLOSURES The charity is connected with the Healh Christian Bookshop Trust in that it has trustees in common. During the year, financial support of £13,135 (2023.. £9,613) was given of whith £13.000 {2023.' £9.0001 is from the Church and £135 (2023.. £6131 is reslricted gifts including tax refvnds. There was no balan outstanding at the year end. O Batstone (son of a trustee) received a grant of £600 {2023- £1,200) as a restricted gift along with £150 (2023.. £1001 for speaking engagements within the Church. G Jones (son of a Ituslee) received support costs of £2.144 {2023'. £4.1451 which was funded via restricled donations received by the Church. During the year the charity recelved a legacy of £47,000 from a close famlly member of a trustee. The total unconditional donations made to the charity by Ils Irustees amounted to £67.085 {2023: £52.673). In addition, several trustees made donations reslricled to providing support lo Church missionaries totalling £13,793 (2023.. £14,916). The total employment benefits of trustees and key management personnel of the charfty were £123,28912023.' £125,710). Page 23
HEATH EVANGELICAL CHURCH DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 INCOME AND ENDOWMENTS Donatlons and legacles Offerings, covenants, grfi aid & other donations Missionary support Welsh Government- Homes for Ukraine Scheme Legacies 395,652 118.146 2.900 47.000 401,351 141,493 5,400 20,000 563,698 568.244 Investrnent income Deposit account interest 10.013 5,587 Charitable activltles Camps income Coffee shop income House party fees 35.316 61,539 850 33,043 61,958 97,705 95.001 Other income Miscellaneous income 7,838 3.248 Total incoming resources 679.254 672.080 EXPENDrruRE Charitable activities Wages Staff expenses Insurance, fire and security Missionary support Telephone Sundries Support to Heath Christian Bookshop Trust Discretionary grant payments Heat, light & water rates Repairs and maintenance Sunday school and youth work Gospel Support Wales Minibuses Pulpit supply Heath camps Catering and hospitality Magazine costs Coffee shop direct costs Coffee shop salaries and wages Coffee shop social security Coffee shop pensions Coffee shop heat light & water Media oulreach Deprecialion of tangible fixed assets 178.896 5,362 11.683 150.060 2,172 17,260 13.135 50.560 41,954 27.370 1,692 400 2.281 1.501 35,058 2,860 39 28,581 42.946 2,527 1.818 4,441 184,653 3.412 8.551 163.026 853 5.887 9,613 41,146 29.042 19,224 1.326 2,850 2.107 884 34.664 2.497 1.819 25,554 42,720 2,370 1.855 6,563 288 4.421 10,743 633.339 595,325 This page does not form part ol the stalutory financial statements Page 24
HEATH EVANGELICAL CHURCH DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Support costs Staff ¢osts Wages Social Security Pensions 16,250 987 813 14,820 802 741 18.050 16.363 Other Advertising Heat, light & water rates Insurance. fire and security Repairs and maintenance Postage and stationery Flowers and wreaths Legal and professional fees Bank charges 1,578 424 1,298 559 2,325 452 522 1.412 1,074 293 950 392 3,807 733 614 1.178 8,570 9,041 GovemancÈ costs Independent examination fees 3,780 3.780 Total resources expended 663.739 624.509 Net income 15,515 47.571 This page does not form part of Ihe stalulory financial statements Page 25