Charity reglstratlon number 1118740 Company registratlon number 06033909 (England and Wales) HAILSHAM FRONTIERS CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Caladine Chartered Certified Accountant5
HAILSHAM FRONTIERS CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trusts•s S Coltm8n S Mewett P Reah J Caladlne N Joyes Secretary S Coltman Charfty nmber 1118740 Company number 0603390 Prlnclpal •ddraJ8 Chrl8tchurch The Ropemaker Centrn. Units G1 & G2 South Road Hallsharn East Su88ex BN27 3GY Regl8tsred offico Ch8nty Hous8 22 Upperton Road Eastboume E88t Suss•x BN211BF 1nd•nd•nt oxamln•r Ra¢hel Taylor FCA Aculty Professional Partnership LLP Unlt 2.02, High Weald Hou8e Glovers End Bexhilkon-Se8 East Sussex TN39 SES B•nk•rd HSBC 94 Temlnus Road Eastbourne East Sussex BN213ND
HAILSHAM FRONTIERS CHARITABLE TRUST CONTENTS Page Trustee8' report Indépendent examlnefs report Statement of finandal activitie8 Statement of finarKlal po•lllon Note8 to the Ilnandal 8tatement8 9-20
HAILSHAM FRONTIERS CHARITABLE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORn FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual report and finandal statsments for the year gnded 31 March 2024. The financial statements have b88n prepared in aCdanCe with the accounting policles set out in note 1 to the ffinancial statements and comply wth the Trust's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reportlng by Charities.. Statement of Recommended Prathce applicable to charities preparing their accounls In accordance with the Flnancial Reporting Standard applicable In the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)" Objectlves and actlvlt108 The obj8ds of the trust continued to be ttwt of communicating the Gospel of Jesus Christ and the leachings of the Bible In practlcal ways relevant to every generation. Alms and purposes Christchurch Hailsham has contlnued its missicln to reath Hallsham and the surrounding area through the proclamatlon and demonstratlon of the Chrisllan faith. As a Church, we wholeheartedly embrace doctrines and bellefs historically held by evangellcals. We look lo advance the Chrisllan faith through evangesism. social actlon, educallon, relief of poverty and through ecumenlcal actlvltles. Publlc boneflt The Trustees have paid due regard to guldance Issued by the Charlty, Commission in deciding what ac*vities the Trust should undertake. The Truslees beSleve that the prlnclple objects, alms and a¢tivities as described in this report provide adequate disclosure in aGrdance wlth the Charilles CommlBsion publlc benefit reporting requirements. Achlevements and performance Church Llfe It has been an exciting year at Chrfstchurch. we have seen an incr888ed number of new people from dlff8rlng backgrounds and cultures attending and gettlng Involved in the mission we are engaged in. We see this as positive thing, as it would appear on a casual observation that our church Is more diverse statistlc2lly speaking than the town of Hailshom. It shows Ihal Christchurch is a safe welcoming place for all people. It was great that as part of NewDay 2023 we were able to host the Bulgarlan youth and forge deepw conn•ction$ wlih the Ghurch@s the, with Si and Anna followlng th18 UP with 8 Vlsit to the churches in Bulgarla in Séptember. Chrlslchurch discipleship programm8 Is really getting some tractlon now vAth many of our regulars. The outcome of thls Is more of our people are becoming spiritually mature. It is also worth noting thal many churches around the nation are Increaslngly recognlsing the need for disclpleship withln thelr churches, and we have had 3 churches In our hub ask about our dlsciple8hip rn81. Global Cafè Global Café opened Its doors in Aprll 2022 with a dedicated team of 5 qualified TEFL teachers every Thursday moTning wilh a 'café' set up, welcoming people wlth free refreshments at 10:30 am and then providlng structured lessons at 11am. The timing was divine as we opened just as the govemment initiated Ihe 'Homes for Ukraine, scheme, opening their doors to Ukrainian women and children fleeing the war, w@ saw an intake of up to 50 Ukrainlans all needlng English lessons as well as friendship and support with fomi filling etc. Whilst numbers of Ukrainians dropp6d in the Autumn of thai year due to them gelling jobs, a migrant centre opened up on 2 Dec 2022. So, from then up until March 2024 we were able to continue to offer and help up to 40 men attend from Iran, Afghanistan, Pakistan, among other countries. Through this connectlon we were able to run 2 International alpha courses and distribute many New Testsments in various languages to people who may olherwlse never have access to the lrfe changing teachings of the Bible. Also help the provlde clothes and some basic supplies to the men stayin9.
HAILSHAM FRONTIERS CHARITABLE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED FOR THE YEAR ENDED 31 MARCH 2024 Global café had establlshed a name for liself amongst the coundl and many peoplè of the town. We are often finding ourselves as first port of call for peopling moving to the town who need English Language l&sons and 8 few times people have walked In on a Thursday morning telling us they heard about us from the councill The council are now even contacting us about people moving into places as far away as Crowborough to get our he in settling people into the Wealden area. So whilst numbers have now heavily reduced on a Thursday moming, following the closure of the migrdnl centre, and th8 shape of what we do may have to change in 2024125, w8 are still able to help people learn Engllsh and make friends In this area. Chlldren's work Over the past year we have Contlnued to run Sunday moming a¢livlties for chlldren aged bePen 1511. Themes have included, "down on the farm., splès and thé jungle and we have used these as means to explore the blble, find oui about the character of God and discover how a relationship with God can transform their Ilves. The chlldren have enjoyed blble stories, games, activStles and discussions as part of this. Children in years 5 6 are also invlled to an after school group where they can look al the blble In greater depth. enjoy games, take part In service ath'vrties such 88 litter picklng, and develop closer relationships with their peers, something that really supports them during the trtcky time$ of SATS and s8nlor s¢hool transltion. This year we have also included worshlp events for primary school aged chlldren, where they can sing, pray and encountér God in an age appropriate way. We contlnue to run hollday events, recently expanding to run ses8lons In a mornlng to meet the growing demand. These involve up to 100 children and Involve bible storlas, craft, games, sports and puppets. Tho holiday events are mostly attended by familias frorn the local community. Lltlle Gems and Baby Gèms The morning toddler group continues to be popular with usually around 50 families each week. Sesslons involve craft, free-play, blble stories, singing and refreshments. It is a good place for parents and earers lo develop frlend$hips and support each other. The baby group is growing and usually have between 10 and 20 p8r8nts and babies each week. Parents appréciate a quiet safe space for their nonmoblle, crawling or just walking babies to play. Many new parents hav8 told us how lonely they flnd this stage of parenthood and appreciate the support arKI friendshlp offered here. Play Therapy Play therapy sessions have taken place thi8 year In a Ioc81 school for one morning a week. Around 9-10 children have enjoyed taking part in the $85sions and have made progress In thelr therapeutlc goals. Youth It has been a busy year for the youth work al Christchurch- lots of new faces and a few changes to the structure of how we've been wnnlng the weekly activities. We ran a programme in the summ8r of 2023 which was a chance to bring In the new faces jolning us in September. These aclivlties induded crazy golf and puddSng on the beach and evenlng at Knock-hatch. Both events Ware well attended and break8 UP the Summer holldays a bit so wa as a team get to stay in touch over the 6 weeks. NewDay festival ran In August 2023 where we got to take a group of young people up lo Norfolk shcwground for a week of camping, fellowshlp, worship, sèminars and OPPi)rtunlties to dlsclple and mentor. We saw lots of first timers experience the worship sessions and seminars and we saw lots of encouraging break Ihroughs and ¢onversations come from thls week together and new friendships develop amongst the group. We also held a you1[ed service at the end of August where the youth 'took over, the Sunday moming service by taking lead on hosting, the worship band and servlng in Ihe teams around the church. This is a gfeat ch8nce for the church to see our youth at their best and serving the congregation. Frlday Night Youth returned in September with both familiar and new faces - what has been encouraging this year is how proaclive the young people have been about bringing along their friends and introducing them to us as a team and church. It is a great space to build on relationships with all of the young people in a chilled environment. We have a 'Spotlight' session every Friday evening where for 5 minutes one of our leaders will speak lo them as ollective group about being a Christian, who Jesus is, what impact He has had on us personally and accessible ways to understand the Bible.
HAILSHAM FRONTIERS CHARITABLE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 We have also seen young people who originally started coming to Friday Nights now coming to our Sunday evening youth session which is a youth life group set-up where we discuss the Bible, look into relevant cultural topics, do Gr8ative worship evenings and socials too. It is here that we have Seen so much growih and stepping out amongst the young people as well exploring splritual gifts and building In their own confidence with their walk of faith. The main addltion lo this year's wè8kly routine has been Monday Evening Llfe Group for the older youth in years 10-13, It has been a great hit and has created a space for the older YOU to spend time as a group discussing the big questions, dlving in reading scripture In their own personal time and also encouraged them to lead the conversations during the evenlng. Also throughout the year we held fvndr8lslng ev•nts Including a car wash. a blngo night and a qulz, all ran and led by the young people. stlll runnlng at HCC on a weekly basls Is the C.U. durlng the lunchumes wlth Samuel Canning we have Seen some new fa8 at the C.U. who have now started comlng along to Frlday Nlghts. The Youlh Retreat ran in Febru 2024 which was a great few days- it was an amazing time to see young people step out and step up in what God is calling th8m Into - we also really encourage and created Space for the older youth to lead worship and seminarsl We had the youth of Klng's Church, Heathfleld, Joln us again this ye8r for Youth Retreat whlch was a great additlon. Overall, It was a brilllant 12 months and we look ft>rward to change8 and nwi faces next tsrm. Foodbank The Church continues lo be aotlvely involved in the runnlng of the Hallsham Foodbank wlth the provision of Trustee and practlcal support. CMA Over the past year. CMA has been able to expand Ihe help we8 provlded. We've asslsled on the completion of 4 DROS, meanlng over £50,000 of debt has been Itten off for our clients. We've also been abl8 to opèn 11 rnore cllent cases. As we've seen the improvement in our cllents, financlal 5kill$. 4 c8s8 files have been closed, with 7 more reaoy for thelr flnal revSews. In June we appointed a naw administrator who Is now fully trained, meaning we now have S active debt advisors. The partnership with the Foodbank has been crucial for Connecting wlth th8 publlc, as well as providing multl agency support. We have offered Foodbank parcels to all our active clients. as well as referrals to Citizen's Advice for support with benefits appllcalions - bolh of which have been invaluablè. As the nebNork of Foodbank agencies expands, we hope to continue signposllng frorn CMA to see our Clients building stsblllty and access financial freedom. K•ys The Hailsh8m KEYS Project continue8 grow and provlde the requlred support to those seeking freedom from addiction. Following the 3 KEY principles to freedom from addlclion (Spiritual, Community and Medical), the Hailsham KEYS Centre continues to offer assisted detox 5UPPOrt in conjunction with the indivldual's GP, support to connect wlth a recovery community. the wider churGh communlty and support to pursue spiritual freedom through a Chrlstian 12-step recovery program and prayer mlnlstry. We provide all aspecls of support to individuals includlng stabilisatlon, detox, relapse prevention, recovery groups, befriènder support and access to dedicated prayer and spiritual minlstry. In addilion we are starting to work with a numb6r of Christian Rehabilitation Cent8 to provlde longer t8rm addiction recovery support for indlvlduals requiring IL Bulldlng Project The next phase of the building projed. providing more facilities for youth work and those on the frlnges of society as well as Installing a required air handling system, ¢ommenced in August 2024 as referenced in note 22 of the accounls. Partly financed by an amazing Gift Day from church members of some £95,000 in March 2024. Further gifts of some almost £100,000 have been recelved after the year end allowing the work to commence. Overseas The Church is still actively Involved in Bulgaria, Soulh Sudan, Uganda, and Ihe Horn of Africa wlth slster churches that we relate to a5 part of the Catalyst Network of Churches. Sev8ral members and leaders from the church regularly travel oul to see the churches and the activities they are involved in, and bring teaching, words of encouragement, Pfaclical help and funding where approprfate.
HAILSHAM FRONTIERS CHARITABLE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Looking Ahead The church wlll see changes to 8 Elder8hlp Team and Staff Te8m next year, as Tom and his family move to Hermhut in Germany in response to God's call on their life, and Emmy gets married and moves to Swindon. are excited to see what links are forged Ihrough the connection with Herrnhut going fotward, and pray God's blesslng on Emmy as she enters married Ilf8. We are also praying that God provides us wlth an amazin9 new Youth Worker who can help shape the youth work furthèr. The church continue8 to to develop ways to Serve arKI bless the town and area with the love of God. Finally, as always, through biblical teaching and example set by the leaders, the church 1$ hoplng to encourage more peopEe to follow Chrfst's example and serye. Flnanclal rovl•w The Trustees report 8 deficit for the y88r on general fund operations of £1,212 8ftgr transfers. The unrestrlded fur$ at 31 March 2024 amount•d to £555,881. Reservo9 polley It is Ihe pollcy of th8 Charity that unrestrlcted funds which have not been deslgnated for a specific use should be malntain8d at a level equivalent to three months conlractual expenditure calculated to be £40,000. The Trustees Consider that reserves at thls level will ensure that in the event of slgnlficant drop in fundlng Ihey would be able to continue the Charlty's activities whilst conslderation was given to ways in %thlch different funds may be r8ised. Rl8k management Th8 Trustee8 have continued to assess the major risks to which the Charlty is exposed and in particular safe guarding Is8ue3 and are satlsfied that 8y8tems are In pla to mitigats exposure to the major risks. Structure. governanc• and management The charlty Is a company Ilmiled by guarantee and governed by a Memorandum and Articles of Assoclation dated 20 December 2006. The Trustees, vtho are also the dlrectors for the purpose of company law, and who served during the year and up to the dale of signature of the financlal statsments were.. S Collman S Mewett P Reah J Caladine N Joyes None of the Trustees ha$ any beneficial Interest in the company. All of the Trustees are dlrectors of the company and guarantee to contribute £1 in the event of a winding up. Qujllfylng thlrd party Indemnlty provlslons Trustees are appointed by the malorlty vote of members of the company In general meeting. Only candldatss of suffic4ent spiritual maturity are appointed. Training and induction is applled as necessary. The Trust is managed on a day to day basls by the church elders Mr S Fry, Mr R Williams, Mr T Simrrons and Mr C Joyes together with support office and pastoral staff all who report to the Trustees who meet on a regular basis.
HAILSHAM FRONTIERS CHARITABLE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 ststemant of Trustees. responsibilllles The Trustees, who are also the directors of Hailsham Frontiers Charltable Trust for the purpose of company law, are responslble for preparing the Trustees, Report and Ihe financtal statements in accordan with applicable law and Uniled lfjngdom AcGounling Standards (United Klngdom Generally Accepted Accounting Pracllce). Company Law requires the Tnjstees to prep¥e financlal statements for each financlal year which gwe a true and fair view of the state of 8ffairs of the Trusl and of the incoming resources and appllcation of resou[s, including the income and expenditure. of the charitable company for that year. In preparing these financial statements, the Trustees are required to: - select sultable accounting pollcles and then apply them consistently; - observe the m8thod8 and princlples In the Charitle8 SORP; - make judgemant8 and estimates that are reasonable and prudent. state whethor applicable UK Accounting Standards have been followed, subject to any material departures dlsclosed and explalned in the tlnancial statements; and prepare the financlal statementb on the golng con¢em ba$ls unless It is Inappropriate to pr88ume that the TTUSt wlll conts'nue In op8ratlon. The Trustees are responslble for keeplng adequate accountlng records that disclose wlth reasonable ar£uracy at any tlme the financial position of the Trust and enable them to ensure that the financial statement8 comply wlth the Companles Act 2006. Th8y are also responslble for safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularitles. The Trustees, report was approved by the Board of Tru8te88. P Reah Chalrman 20 September 2024
HAILSHAM FRONTIERS CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAILSHAM FRONTIERS CHARITABLE TRUST I report to the Trustees on my examlnatlon of th8 finanaal statements of Hailsham Fronllars Charitsble Trust (the Trust) for the year ended 31 March 2024. Responsibllitles and basls of report As the Trustees of the Trust (and also its d5rectors for the purposes of company law) you are responsible for the preparallon of the ffinancial statements in accordance with the requirements of the Companles Act 20C6 (the 2008 Act). Havlng satisfied myself that the financial statemenls of the Trust are not reqtslred to be audited under Part 16 of th8 2006 Act and are ellgible for independent examination, I report in respect of my examinatlon of the Trust's financial statements carried out under section 145 of the Charitles Act 2011 (the 2011 Acl}. In carying out my examinallon I have followed all the applicable Directions glven by the Charlty Cornmission under section 14515){bl of the 2011 Act. Independent examlner's 8tatemont Slnce the Trust's gross Income exceeded £250,000 your examiner must be a member of a body listed in section 145 of Ihe 2011 Act. I confirrn that l am qualified to undartake the examination because l am a membff of The Instilule of Chartered Accountants In England and Wales, which Is one of the listed bodies. I have completed my examination. I confim that no matters hav8 come to my attention In connectlon wlth the examination glving me cause to believe that in any materieil re¥Ject: accounting records were not kept in respect of the Trust as required by 8ection 386 of the 2006 Act; or the financial statemenls do not accord wilh those records., or the financial stalements do not ¢omply with the accounting requirement5 of section 396 of the 2006 Act other than any requirement that the accounts give a true and falr view which is not a matter considered as part of an independent examination,. or the financial statements have not been prépared In accordance wilh the methods and principles of the Statement of Recommended PracliGe for arLounting and reporting by charities appli¢abSe to charities preparing their accounts in accordance wlth the Flnancial Reporting Stsndard applicable In the UK anj Republic of Ireland (FRS 102). I have no concerns and have corne across no other matters In connects'on wSth the examination to whlch attentlon should bé drawn In this report In order to enable a proper understandlng of the financial statements to bé reached. Rachel aylor FCA Aculty Profe8$lonal Partnershlp LLP Unlt 2.02, Hlgh Vveald House Glovers End Bexhill-on-S8a East Sussex TN39 SES D8ted: O2:10:2024
HAILSHAM FRONTIERS CHARITABLE TRUST STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrlcted R88trlctsd funds funds 2024 2024 Total Unrestricted Restrlcted funds funds 2023 2023 Total 2024 2023 Note8 Income from: Donatlons and legades Investments 229,149 975 181,114 410,263 975 221,067 87,117 308,184 Totsl Incorne 230,124 181,114 411,238 221.076 87,117 308,193 Expendlture on: Charitable activitles 245,836 69,222 315,058 213,778 54,157 267,935 Totsl expondlture 245,83e 69,222 315,058 213,778 54,157 267,935 Net Incomel{expendltur•l {15,712) 111,892 96,180 7,298 32,980 40,258 Transfer8 between funds 17 14.500 (14,500> Net movement In funds (1,212) 97,392 96,180 7,298 32,960 40,258 Reconclllatlon of fund8: Fund balance8 at 1 April 2023 557,093 43,626 600,719 549,795 10,666 580,481 Fund balances at 31 March 2024 555,881 141,018 896,899 557,093 43,626 800,719 The statement of financlal activltles indudes all g8ln8 and108se8 recognlsed In the year. All Inrne and expenditure derlve from contlnulng aotlvltles.
HAILSHAM FRONTIERS CHARITABLE TRUST STATEMENT OF FINANCIAL POSITION ASAT31 MARCH 2024 2024 2023 Not88 Flxed assots Property. Flxtur88 & Equipment 11 733,485 741,157 Currnnt assets Trade and other receivabl88 Cash at bank and In hand 12 24,801 147,709 12,047 80.472 172,510 (42,483) 92,519 (51,785) Curront Ilabllllles 14 N•t current a88ets 130,027 40,734 Total as$0ts less current Ilabllltla8 863,612 781,891 Non-current Ilabllltles 15 (166.6131 (181.172) Net assots 696,899 600.719 Income funds Restrlcted funds Unr88tricted funds 17 141,018 555,881 43,626 557,093 698.899 600,719 The company Is antitled to the exemption from the audit requiremant contalned In 8ecllon 477 of the Companies Act 2006, for the year ended 31 March 2024. The directors acknowledge their responslbilities for complying with the requlrements of the Compaiies Act 2006 with respect to accounting rKgrds and the Pfepar8tion of financial statements. The members have not requlred tha company to obtain an audlt of its financial statements for the year in questlon In accordance with secllon 478. These financial statement8 have been prepared In accordan with the provisions applicable to companles subject to the small companies regime. The financial statements were approved by the Trustees o 20 September 2024 P Reah Trustee J Caladine Trustee Company Reglstration No. 06033909
HAILSHAM FRONTIERS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcies Company information Hailsham Frontiers Charitsble Trust is a prlvate company Ilmlted by guarantee incorporated In England and Wales. The reglstered office is Chantry House, 22 Upperton Road, Eastboume. East Sussex. 8N21 1 BF. 1.1 Accounung conventlon The financial statements have been prepared in accordance with the Trust's Memorandum and Artlcles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statèment of Recommended Practice applicable to charilies preparing thelr accounts In accordance with the Financial Reporting Standard applicable In the UK 8nd Republic of Ireland (FRS 1021 {effecllve 1 January 2019>" The Trust is a Public Benefit Entity as dellned by FRS 102. The Trust has taken advantage of th8 provislons in the SORP for charitles 8pplylng FRS 102 Update 8ulletln 1 not to prepare a Statement of Cash Flows. Th8 financlal statements a prepared In sterling, which is the functional currency of the Trust. Monetary amounts in these flnanclal statements are rounded to the nearest £. The financial statements have been prepared under the hlstorical cost conventlon. The prlnclpal accounting pollcles adopted are set out below. 1.2 Golng concern Al the time of approvlng the ftnanclal statements, the Truslees have a rea80nable expectstlon that the Trust has adequate resources to continue In operational exlstence for the foraseeable future. Thus the TnBtees continue to adopt th8 golng concem basls of aGcounting in preparlng the financial Statements. 1.3 Charftablo funds Unrestricted funds are available for use at the discretion of the Trustee5 in furtherance of thelr charltable objectives unléss the funds have been deslgnated for other purposes. The charty malntains an unrestrlcted general fund to oversee the day to day operations of the chLrGh. Special projects being part of the core work of the churth are separated out wAthin the Internal accounting records of the TrusL Restrlcted funds are uséd for speclflc purposes 8$ lald down by the donu. Exp•ndlture whlch meets thls Crlteria is charged to the fund. 1A Income Income 18 recognised when the Trust is legally entitled to It after any performance conditlons hav• been meL the amounts can be measured reliably. and it is probable that income will be received. Cash donations are recognised on receipL Other donatlons are recognised once the Trust has been notified of the donation, unless performance conditlons requlre deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenani is re¢ognised at the time of the donation. Legacies are recognised on receipt or otherwise If the Trust has been nolified of an impending dlstribution, the amount Is known, and receipt is expected. If the arnourrt is not known, the legacy 16 treated as a contingent asset.
HAILSHAM FRONTIERS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Ac¢ountlng pollcles (Contlnued) 1.5 Expendlture Expenditure Is recognised On there Is a legal or constructive obligation to transfer economic benefit to third party, It is probabl8 that a transfer of economic benefits wlll b8 required in settlement, and the amount of the obligation Can be mea5ur8d reliably. Expenditure is ¢lasslfied by a¢tlvlty. The costs of each actlvlty are made up of the tot81 of dIrt costs and shared costs. including support costs involved In undertaking each activity. Direct costs attrfbulab5e to a single activity are allocated dlrectly to that activtty- Shared costs which contribute to more than one activlty and support costs which are not attributable to a single acllvity are 8PPOrtloned bemieen those activities on a basis consistent with the use of resource8. Central staff costs are allocated on the basis of tlme spent, and depreciatlon charges are allocated the portion of the asset's use. Resources are èxpended in the perlod In whlch they are incurred and all¢xated to the partlcular cost centr8 to whlch they relate. 1.6 Property. plant and equlpment Property, fixtures and equlpment are InltI811y measured at CO8t and 8ubsequenlly measured at cost or valuation, nel of depreclatlon and any impalrment Ios588. The Initial conversion costs of the freehold bullding from a warehouse lo a bulldlng suitsble for church related activilles were written off agaln5t reserves in 2014115, as per the opinion of the tru8tses this dld not enhance the value ofthe bulldlng. Phase 2 construction work creating a mezzanlne floor was cap5tall8ed to the Balanca Sheet and added to the orFginal cost of the property. Depreclation is recognis8d so as to write off the cost or valuation of assets less their resldual values over their useful Ilves on the following basis: Freehold Land and Bulldlng$ Fixtures and equlpment 2% on a straight Ilne basis on the building element Varying rate on a straighl line ba818 The gain or Ios8 arlsing on the dlsposal of an asset is determlned 8S the difference between the sale proceeds and the carying value of the asset, and Is r8cognlsed in Ihe statement of financial activities. Wrth effeci from 1 April 2020, only fixtures, fittlngs and equipment C¢ir@ above £1,000 ar8 capitallsed. 1.7 Impalrment of non-current assets At eaGh reporting end date, the Twst reviews the carrylng amounts of it$ tangible assets to determine whether there is any indlcation that those assets have suffered an impairment loss. If any such indication 8XlSts. the recoverable amount of the asset Is estimated In order to detemiine the extent of the impairment loss lif eny). 1.8 Cash and cash equlvalents Cash and cash equlvalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original m8turities of three months or less, and bank overdrafts. Bank overdraft8 are shown within borrowin9s in current liabilities. 10-
HAILSHAM FRONTIERS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 AcGountlng polkl88 (Contlnued) 1.9 Flnanclal Instrumonts The Twst has eleded to apply the provislons of Section 11 'Basic Flnancial Instruments, and Section 12 'Oth8r Financial Instruments Issues, of FRS 102 to all of Its financial Instrument5. Flnandal instruments are recognised In the Trust's balan sheét when the Trust becomes party to the contractual provlsions of the Instrument. Financial assets 8nd liabilitles are offset, with the net amounts presented in the financial statements, when there Is a legally enforceable right to set off the recognised amounts and there is an intsntlon to settle on a net basis or to realise the assel and settle the liability simultaneously. Baslc flnanclal assets Basic financlal assets, which Include trade and other rÈc8lvables and cash and bank balances, ere Inltially measured at transaction prlce indudlng transaction costs and are subsequ8ntly carried at amortlsed cost using the effective interest method unless the arrangement constitutes a financing transactlon, where the transaction Is measured at the present value of the future receipls dlscounted at a market rate of Intere8t. Flnancial assets classified as receivable wiihin one y8ar are not amorti8ed. Basic flnanclal liabllitl•s Basic financial liabilities, Includlng trade and other payables and bank loans are Initially recognised at transa¢tlon price unless the arrangement constitutes a financing transaction, where the debt Instrument is measured at the present value of the future payments discounted at a market rate of Interest. Flnancial liabilities cla66rf as payable withln one year are not amortlsed. Derncognltlon of flnanclal Ilabllltl•s Financlal Ilabillties are d•re¢ognlsed when the Trust's contractual obligations expire or are dlscharged or cancelled. 1.10 Employe• beneflts The cost of any unused holiday entltlement is recogni$ed In the period In which the employee's 8ervlce$ ar• recelved. Temiinatlon benefits are rècognised immediately as an expense when the Trust Is demonstrably committed to temiinate the employment of an 8mpioyee or to provld8 tsrmination benefits. 1.11 Retlremènt benefits Payments to defined contrlbution retirement benefit schem88 are charged as an expense as they fall due. Crltlcal accountlng 08tlmates and Judgements In the application of the Trust's accounting policies, the Truslees are requlr8d to make judgements, estimates and assumptions about the carrying 8mount of assets and liabilities that are rK)t readily apparent from other sour¢e5. The estimates and associaled assumptions are based on historical experience and other factors that gre considered to be relevant. Actual results may drffer from these esllmate8. Tha estimates and underlying assumptions are revlewed on an ongolng basis. Revislons to aCUnting estlmates are recognised in the period in which the Elstlmate is revlsed where the revislon affects only that period, or in the perlod of the revision and future periods where the revlsion affects both current and future Periods. 11
HAILSHAM FRONTIERS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from donations and legacles Unrestrlcted Restrlcted funds funds 2024 2024 Total Unrestrlctsd RestrlGted funits funds 2023 2023 Total 2024 2023 Donations and glft8 Grants 229,149 141,738 39,376 370.887 39,378 221.067 55.684 31,433 276.751 31,433 229.149 181.114 410,263 221,067 87,117 308.184 Donatlons and glfts Glfts and donat¢ons Tax fecoverable (on regular offerlngs) Glft day$ (Includlng glft ald) Fellowship glving 192,204 2.712 194,916 187,398 2,181 189,579 38,945 36,945 33,669 33,869 137,758 1,270 137,756 1,270 52.289 1,214 52,289 1,214 229,149 141,738 370,887 221,067 55,884 276,751 Income Irom Inveslmonts Unrestrlcted Unrestrfcted fund$ fund8 2024 2023 Interest receivable 975 12-
HAILSHAM FRONTIERS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expertdlturn on charltable octlvltles Church activlties Church activitle3 2024 2023 Dlract C08ts Staff costs Depreciation and impalrment Church actlvltieg Gfft Day alloc8tlon Llcen8es and reglstratlons Tralnlng and mlnlstry d8velopm8nt Rent of manse Travelllng expense Printlng, postage and Stationery Mortgage Interest Grants 8nd gtfts Gifts to speakers Direct costs- CMA l Keys l Little Gams l Reflect l Fellowshlp 131,794 12,133 10,596 40,398 1,362 8,359 14,880 831 6,059 17,921 11,570 398 10,877 130,099 10,357 12.334 12,059 1.240 4,918 14.832 1,424 4,808 12,703 9.890 400 10.205 285,976 225,289 Share of support and governance Costs (seo note 6) Support Govern8nce 44.881 4,221 38.370 4,296 315,058 287,935 Anatysls by fund Unrestrlcted funds Restricted fund5 245,836 69,222 213,778 54,157 315,058 267,935 13-
HAILSHAM FRONTIERS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support coats allocated to actlvltles 2024 2023 Staff costs Sefvlce charge Insurance Advertlslng 6,953 3,211 2,275 1,503 6,753 2.952 3,087 1,106 k li Repalr8 and malntanance (general) uuiities Telephone Small equipment Contractor costs Sundry Computer and IT ¢ost8 Govemance costs 6,445 13.268 1.309 2,47e 5,089 255 2,077 4,221 3,783 12,423 1.248 1,373 4,420 231 996 4,296 49,082 42,866 Church activiti'es 49,082 42,886 2024 2023 Gov•rnanGe costs comprlse: Accountancy and payroll IrKl6pendent axamlnatlon 2.781 1.440 2,858 1,440 4,221 4,298 Not M0mOnt In fund8 2024 2023 The net movement In ndS is stated after thorgingl{credttlng): Dopreclatlon of owned property, plant and equlpment 12,133 10,357 14-
HAILSHAM FRONTIERS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Trustees Mr6 E Reah, wife of Trustee Mr P Reah, was pald a Salary of £17,310 (2023". £18,731) end pension contributions of £86812023: £836) during the year. Professional fees of £2.856 (2023.. £2,856) were paid to Caladine Ltd (a fimi of which Mr J Caladine, TNstee, Is a Dlrector) for accounting and payroll servlc88. Salarles were pald of £21,815 (2023.. £20,205) to C Joyes and £12,120 (2023.. £11,563) to J Joyes being relatlves of N Joyes, a Trustee. Pen8lon contributlons were also pald of £1,070 {2023.' £1,010) to C Joyes and £80612023.. £578) to J Joyes. Exc8Pt as disclosed above, none of the Trustees (or any per60n$ connected with thern) recelved any remuneraUon or benefits from the Trust durlng the year. There were eggregats donations by the Trustees and thelr spou888 of £43,15012023.' £30,201 > to the Trust durlng the year. Employeos The average monthly number of full arKI part tlme employee8 during the year was.. 2024 Numbor 2023 Number P85toral Admlnistration Total Employment costs 2024 2023 Wag08 and salarfes Social security costs other penslon costs 129,131 3,199 6,417 127,239 3,419 6,194 138,747 136,852 There were no employees wh08e annual remuneratlon was more than £eo,000. Remunoratlon of key management perBonnel The remuneration of key management personnel lincludlng wages and employers social security and pls1On contributions) is as follows. 2024 2023 Aggregate compensation 35.123 32,249 15-
HAILSHAM FRONTIERS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Taxation The charity is exempt from taxatlon on it$ actlvttles because all its Income is applied for charitable purpose6. 11 Property. Flxtur•s & Equlpment Freehold Flxtureg and Land and equlpmont Buildingg Total Cost At 1 April 2023 Addltlons 801,681 53.522 4.461 855,203 4,461 At 31 March 2024 801,881 57,983 859,664 Depreclatlon and Impalrment At 1 April 2023 Dapreciallon charged In the year 70,502 8,017 43.544 4,116 114,046 12,133 At 31 March 2024 78.519 47,860 126,179 Carrylng amount At 31 March 2024 723,162 10,323 733,485 At 31 March 2023 731.179 9,978 741,157 12 Trado ind othor recelvables 2024 2023 Amounts falllng du• wlthln one year: Other Rec8lvabl88 (Gfft Ald) 24,801 12,047 13 Borrowlngs 2024 2023 Bank loans - 88cured 198.758 212.531 Payable within one year Payable after one year 32,145 166,613 31.359 181.172 ote The HSBC bank loan of £350,000 commenced April 2013 repayablé over tsenty years at 3.75% over base rate per annum, secured by a legal charge over Unlt G1 and G2, Ropemaker Park, Hailsham. 16-
HAILSHAM FRONTIERS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Current Ilabilities 2024 2023 Notss Bank loans - secured Other taxation and saclal 88curlty AccNals and deferred income 13 32,145 2,113 8,225 31.359 1,817 18,609 42,483 51.785 IS Non4urrent Ilabllltl08 2024 2023 Not98 Bank loans - secured 13 166,813 181,172 18 Ratlroment b8nafltschom08 2024 2023 Deflned contrlbutlon 8chome8 Charge to profit or loss In reBpect of defined contrlbution 8cherne8 8,417 6,194 The Trust oparates a defined contribution pension Scheme for all quallfying employees. The assets of the scheme are held separately from th086 of tha Trust In an independently admlnistered fijnd, 17 Restrlcted funds Th8 r8strfcted funds of the charlty comprise the unoxpended balance8 of donations and grants held on trust subject to specific conditions by donors as to how they may be used. Incomlng Resources rosources expended At l Aprll 2023 Transfers At 31 March 2024 Llttle Gems Glft Day CMAJKey61Relect Fellowship fund Youth Fund (Chalk Cllffe) Global Cafe Sojourners 3,712 137,756 9,576 1,270 5,000 6,000 17,800 (4,406) (40,398) (9,577) (1,303) 15,000) (6,0001 (2,538) 40,934 (10,000) 128,292 1,997 1,964 (4,500) 10,762 43.626 181.114 (69,222) (14,500) 141,018 17-
HAILSHAM FRONTIERS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Restrlcted funds (Contlnuodl Prevlous year: At 1 Aprll 2022 Incomlng resources Resources exponded Transfors At 31 March 2023 Sundry restrlctsd Llttle Gems Glft Day Sabbatical CMAJKeyslReflect Fellowship fvnd 13.538 5,099 52,289 {13,538) (7,3671 {12,0591 15.526) (14,976) 1691) 2,962 704 7,000 694 40,934 (1,474) 14,977 1,214 1,474 1,997 10,686 87.117 {54,157) 43,626 Fund dots119 A fund to hdp Global Cafe. Grants were racelved from Goodnews Evangellcal Mlssion and Souter Trust to fvnd the runnlng cost8. A grant of £5,000 was received from Chalk Cllffe for runnlng costs of youth work. The fund is now restrlcted to encompass the dlrect expenseg of the Little Gems Children's work. A grant of £1,000 wes recelved from the Groundworks for play therapy. This represents money raised by the Church members and congregation on speclal appeal days designated for capital projects and smaller prolects deslgnated by Ihe leaders. The sum of £10,000 was transferred to the General fund in the year from past gifts days for smaller projects, bba This fund repres8nts money set aglde to finance the sabbatical period of the church pastor in the summer of 2022. This has now closed. MAI This fund incorporatlng Pregnancy Advice, relates to the fundlng of a debt advice centre and drug dependency advi¢8. Grants were received from Hallsham Foodbank for a CMA Debt adminlstrator. A grant of £17,500 was receiv8d from Wealden Council for the 8UPPOrt of rafugees wlth an agr8ed c(£ts of £4,500 for church cost8. A fund to txovlde grant8 to Church mambers In need. 18-
HAILSHAM FRONTIERS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Unrestrlcted funds The unrestricted funds of the charity comprise the unexpended balances of donatlons and grants whlch are not subject lo specifi¢ conditions by donors and grantors as to how they may be used. These Include designated funds whlch have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprll Transfern At 31 March 2023 2024 Incoming r•8ourceg Resource8 expended Genernl funds 557.093 230,124 (245,836) 14,500 555,881 Prevlou¥ year: At l Aprfl 2022 Incomlng resource8 ResourGe8 expended Transfor8 At 31 March 2023 G8n•r81 funds 549,795 221,076 {213.778) 557,093 19 Analysls of n•t ag80ts botwoan fund• Unrostrlcted Ro8trlctsd funds funds 2024 2024 Total Unrestrlcted Restrlctod funds fund8 2023 2023 Total 2024 2023 Fund balances are represented by: Property, plant and equipment Current 8ssetsl{liabilitie8) Long term liabllitles 733,485 {10,9911 (166,6131 733,485 741,157 130,027 {2.892) (166,613) (181,172) 741,157 40,734 (181,172) 141,018 43,628 555,881 141,018 696,899 557,093 43,828 600.719 20 FlnanGlal commltmentsi guarant•es and contlngent Ilabllltl•s The Church has a rolling 3 month notlce on the manse lease for the pastor. 19-
HAILSHAM FRONTIERS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 21 Op8ratlng lease commltments Lessae At the reportlng end date the Trust had outstanding commltrnents for future mlnlmum lease payments under non-cancelLgble operating leases. which fall due as f,Dllows: 2024 2023 Mthin one year Belween two and fiv8 years e96 2,784 696 696 3,480 22 Events after the reportlng date The Church have signed contracts In July 2024 for molor property extenslon Work to the mezzanine floor of some £230,000. In additil to the Gift Day fund bal0 of £128,292 further grants and donallons of £104,280 have been recelved since 1 April 2024 to finance this. 23 Relatod party transactlons In addition to the aggregate compensatlon In note 9, rent wa8 pald ft)r m8n8e accommodallon of £14,880 (2023.. £14,880) -20-