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← Bromley Christian Centre

2024-12-31-accounts

BROMLEY CHRISTIAN CENTRE Report and Accounts year ended 31 December 2024 Report and Accounts

Company registration number: 06060885 Charity registration number: 1119309

BROMLEY CHRISTIAN CENTRE

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

Trustees Mark Wiltshire
Robert Thomas
Fred Adegeye
Andrew Siddorns
Company Secretary Robert Thomas
Key Staff Mark Wiltshire
Robert Thomas
Governing Document Memorandum and Articles of Association dated 21
May 2007
Company Registration Number 06060885
Charity Registration Number 1119309
Principal Address 2 Masons Hill
Bromley
Kent
BR2 9HA
Registered Office 2 Masons Hill
Bromley
Kent
BR2 9HA
Auditor Laura Waycott FCA
Griffin Chartered Accountants
Courtenay House
Pynes Hill
Exeter
Devon
EX2 5AZ
Bankers Royal Bank of Scotland PLC
12 Elmfield Road
Bromley
Kent
BR1 1LP
Solicitors Geldards LLP
Number One Pride Place
Pride Park
Derby
DE24 8QR
Contents Page
Company Information 1
Trustees' Annual Report 2-6
Auditor's Report 7-10
Statement of Financial Activities 11
Balance Sheet 12
Cash flow Statement 13
Notes to the Accounts 14-24
Detailed Statement of Financial Activities with Comparatives 25

Page 1

BROMLEY CHRISTIAN CENTRE TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees, who are the charity's directors for the purposes of company law, present their annual report and financial statements for the year ended 31 December 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's memorandum and articles of association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing 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

The objects of the charity are:

  1. To advance the Christian faith in accordance with the statement of faith in such ways and in such parts of the United Kingdom or the world as the trustees from time to time may think fit.

  2. To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counselling and support in such parts of the United Kingdom or the world as the trustees from time to time think fit.

  3. To advance education in such ways and in such parts of the United Kingdom or the world as the trustees from time to time may think fit.

The trustees have paid due regard to guidance issued by the Charity Commission on public benefit in deciding what activities the charity should undertake and, in particular, the specific guidance on charities for the advancement of religion. The charity undertakes a number of activities in order to achieve these objectives which are summarised below.

In furtherance of the objects of Bromley Christian Centre (BCC), referred to above, activities described below were pursued during the year under review.

BCC - The Church provides a year-round Christian presence in our community. Our Sunday gatherings are a place where people experience authentic Christian community. We reach young and old, people of faith and people with no faith at all and have over 45 different nationalities who call our church home. Our attendance continues to grow year on year. In addition to Sunday gatherings, we run regular mid-week groups and activities. We are active in social action and community outreach, helping to care for those who have fallen on hard times. We also run The Ark Pre-School and Daycare, which provides Ofsted registered sessional care for 2 to 5 year olds.

People regularly attending BCC, as well as visitors, are encouraged to give financially to projects, humanitarian needs and other activities consistent with the aims and objectives of our church. These range in size from oneoff gift initiatives to larger, long-term programmes locally here in the UK and abroad. Similarly, the Board of Directors will also make additional donations from our general funds, as the trustees decide from time to time.

In common with many churches the activities are heavily reliant on the services of volunteers in addition to any interns and those on placement. The trustees are very grateful to all those who give of their time freely in supporting the activities described above.

Achievements and performance

BCC – The Church

Page 2

BROMLEY CHRISTIAN CENTRE TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

Children & Youth

Ark Pre-School

BCC – Community

Wider impact

Financial review

The trustees report a surplus for the year on unrestricted funds (including designated funds) after transfers of £344,589 (2023 - £210,579). The main source of incoming resources has been gifts and offerings received from Church members together with gift aid tax recovered. The resources available are applied in fulfilling the objects and carrying on activities described in this report.

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three- and six-month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year and is monitored on a monthly basis.

Three month's expenditure on unrestricted funds excluding designated funds amounts to approximately £129,000. Reserves on unrestricted funds amounted to £3,053,736 of which £712,853 were held as net current assets. None of these reserves are held in designated funds and this represents just under sixteen month's unrestricted fund expenditure.

Page 3

BROMLEY CHRISTIAN CENTRE TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

Reference and administrative information are provided on the page following the cover sheet.

Assessment of risks

The trustees regularly assess the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. We are in a financially healthy and stable position. We have excellent weekly attendance (which has grown consistently year on year over the past 4 years) and financial support from our regular attenders. Our pre-school is also functioning very effectively and contributes surplus income each year. However, we see two specific areas of most significant risk: People and Premises.

People: by this we mean key staff. While we are not reliant on any one member of staff, if a number of key staff were all to leave at once, we recognise it would pose a short-term risk. We have tried to mitigate against this by equipping, training and giving regular opportunities to participate to the wider staff and volunteer teams. The way we operate means that we have no single point of failure amongst key staff – with all areas operating under team structures with multiple team leaders in place. Furthermore, our Senior Leadership team provide excellent support for the team and have both expertise and capacity to assist if needed.

Premises: Our existing site is ageing, it has regular maintenance issues and we are also starting to outgrow it. We have been working with architects and have made progress towards a planning application to extend and develop our facilities so that they are fit for purpose.

Plans for the future

BCC – The Church

BCC – Community

BCC – The Ark

BCC – Staff & volunteers

Page 4

BROMLEY CHRISTIAN CENTRE TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

The site and facilities

Structure, governance and management

The charity is a company limited by guarantee.

The trustees who served as the Board of Directors during the year and up to the date of signature of the financial statements were:

Mark Wiltshire Robert Thomas Fred Adegeye Andrew Siddorns

Trustees are appointed and removed by existing trustees.

Existing trustees of the charity ensure that new trustees become familiar with their responsibilities and duties.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

The trustees are assisted in their day-to-day activities by heads of various departments who have responsibility for running their own areas.

As a Board we are committed to fulfilling the objects of the charity as referred to above. We meet quarterly to discuss all areas that have a significant financial impact, with interim meetings called as appropriate. When it comes to decision-making we would both take a view on the legitimacy of the activity and the financial impact, where we tend on the risk averse side to ensure financial stability.

The trustees use a number of tools and factors including payscale.com to benchmark salaries. We look to ensure all staff are within appropriate pay scale ranges. We take inflation into account for annual reviews, along with changes to job descriptions/roles and responsibilities.

The church is in fellowship with the Assemblies of God of Great Britain and Ireland although Bromley Christian Centre itself is independent and makes its own decisions, raises its own funds and both chooses and pays its own staff. The Assemblies of God provides a place of accountability for the Senior Pastor, Mark Wiltshire, and also acts as a support for information, guidance and services.

Responsibilities of trustees under company law

The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

  1. select suitable accounting policies and apply them consistently;

  2. observe the methods and principles in the Charities SORP;

  3. make judgments and estimates that are reasonable and prudent;

  4. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

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

Page 5

BROMLEY CHRISTIAN CENTRE TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with our Memorandum of Association, the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities

The trustees' report was approved by the Board of Directors.

Mark Wiltshire

Director (Chair) Dated: 23rd Sept. 2025

Page 6

BROMLEY CHRISTIAN CENTRE (A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BROMLEY CHRISTIAN CENTRE

Opinion

We have audited the financial statements of Bromley Christian Centre (the 'charitable company') for the year ended 31 December 2024 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Page 7

BROMLEY CHRISTIAN CENTRE (A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BROMLEY CHRISTIAN CENTRE (CONTINUED)

Other information

The other information comprises the information included in the Annual report other than the financial statements and our Auditors' report thereon. The Trustees are responsible for the other information contained within the Annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees' responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 8

BROMLEY CHRISTIAN CENTRE (A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BROMLEY CHRISTIAN CENTRE (CONTINUED)

Auditors' responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our audit procedures have reviewed for evidence of managment override, any ongoing legal cases, completeness of related party transactions, as well as ongoing consideration of fraud and irregularities during the whole audit process.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.orq.uk/auditorsresponsibilities. This description forms part of our Auditors' report.

Other matters

Bromley Christian Centre did not require an audit in the previous year. Therefore, the comparative figures are unaudited. Sufficient appropriate audit evidence that the opening balances do not contain misstatements that materially affect the current period's financial statements has been obtained.

Page 9

BROMLEY CHRISTIAN CENTRE

(A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BROMLEY CHRISTIAN CENTRE (CONTINUED)

Use of our report

This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Laura Waycott FCA (Senior statutory auditor) for and on behalf of Griffin

Statutory Auditors Courtenay House Pynes Hill Exeter EX2 5AZ

Date: 26/9/25

Griffin are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

Page 10

BROMLEY CHRISTIAN CENTRE

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2024

Note
INCOME AND ENDOWMENTS FROM:
Donations
4
Charitable activities
5
Investments
6
Other income
7
Total income and endowments
EXPENDITURE ON:
Charitable activities
8
Net income/(expenditure)
Transfers between funds
21
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
21		 Unrestricted
Funds
£
744,497
258,926
41,257
-
1,044,680
683,808
360,872
(16,283)
344,589
2,709,147
3,053,736		 Restricted
Funds
£
103,299
26,218
170
-
129,687
135,928
(6,241)
16,283
10,042
62,625
72,667		 Total
Funds
2024
£
847,796
285,144
41,427
-
1,174,367
819,736
354,631
-
354,631
2,771,772
3,126,403		 Total
Funds
2023
£
683,662
229,244
32,835
390
946,131
737,122
209,009
-
209,009
2,562,763
2,771,772

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

All income and expenditure derive from continuing operations.

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

The notes on page 13-22 form part of these accounts.

Page 11

BROMLEY CHRISTIAN CENTRE

BALANCE SHEET

AS AT 31 DECEMBER 2024

Total Total
Unrestricted Restricted Funds Funds
Funds Funds 2024 2023
(restated)
Note £ £ £ £
FIXED ASSETS
Tangible assets 14 1,865,883 4,006 1,869,889 1,869,993
Investment property 15 475,000 - 475,000 475,000
2,340,883 4,006 2,344,889 2,344,993
CURRENT ASSETS
Debtors 17 90,880 8,638 99,518 76,763
Cash at bank and in hand 666,724 64,261 730,985 384,185
757,604 72,899 830,503 460,948
CREDITORS: Amounts falling
due within one year 18 (44,751) (4,238) (48,989) (34,169)
Net current assets / (liabilities) 712,853 68,661 781,514 426,779
TOTAL NET ASSETS 3,053,736 72,667 3,126,403 2,771,772
FUND BALANCES 21
Unrestricted Funds
General funds 3,048,981 - 3,048,981 2,704,284
Designated funds 4,755 - 4,755 4,863
3,053,736 - 3,053,736 2,709,147
Restricted Funds - 72,667 72,667 62,625
3,053,736 72,667 3,126,403 2,771,772

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

(a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its net income or expenditure for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

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

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

Mark Wiltshire Date: _______23rd Sept. 2025 Company number: 06060885

Charity number: 1119309

The notes on page 13-22 form part of these accounts.

Page 12

BROMLEY CHRISTIAN CENTRE

FOR THE YEAR ENDED 31 DECEMBER 2024

CASH FLOW STATEMENT

Note
Cash flows from operating activities:
Net cash provided by/(used in) operating activities
24
Cash flows from investing activities:
Purchase of tangible fixed assets
Proceeds from disposal of tangible fixed assets
Investment income received
Net cash provided by/(used in) investing activities
Cash flows from financing activities:
Repayments of borrowing
Net cash provided by/(used in) financing activities
Cash and cash equivalents at the end of the year
Change in cash and equivalents in the reporting period
Cash and equivalents at the beginning of the year
Reliance bank balance released into fixed assets as bank loan
fully repaid		 2025
£
341,344
(35,971)
-
-
41,427
5,456
-
-
346,800
384,185
730,985		 2024
£
177,345
(1,439)
(33,250)
390
32,835
(1,464)
(300,000)
(300,000)
(124,119)
508,304
384,185

Page 13

BROMLEY CHRISTIAN CENTRE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1 Statutory Information

Bromley Christian Centre, a public benefit entity, is incorporated in England and Wales as a company limited by guarantee not having a share capital. There are currently four Trustees who are also the members of the company. Each member has undertaken to contribute to the assets in the event of winding up a sum not exceeding £1. The charity is a registered charity. The registered office is given on page 1.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention as modified by the revaluation of certain assets, which are measured at fair value in the Statement of Financial Activities.

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

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

a) Going concern

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

b) Incoming resources Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid is recognised at the time of the donation.

In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised in these accounts. More information about the contribution of volunteers is provided in the directors' report.

Donated goods received are foodbank donations, which are distributed to recipients during the year. Donations are received from TBB Food Partnership, local bakeries, Cook's frozen meals and Harvest festival contributions. TBB provide a valuation of the amounts that they have donated during the year. All other donated goods are based on annual estimated values.

c) Expenditure Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Grants for the support of overseas missionaries and Christian workers in the UK are accounted for on the basis of support committed to that relates to the financial year. Expenses allocated to governance costs are those expenses relating to the governance of the charity including the cost of trustee indemnity insurance, directors' meetings, legal expenses not directly attributable to an activity and amounts payable to the charity's independent examiner.

Direct costs of an activity are allocated to that activity. Direct charitable expenditure and support costs which relate to more than one activity have been allocated on the basis of the percentage use of facilities. The percentage use has been estimated by reference to the time and area of the premises occupied by the activity.

Cost of raising funds is not significant and has not been separately disclosed.

d) Fund accounting

Unrestricted funds are available for use at the discretion of the directors in furtherance of their charitable objectives.

Designated funds comprise funds which have been set aside at the discretion of the directors for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts.

Page 14

BROMLEY CHRISTIAN CENTRE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

e) Tangible fixed assets Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Land and buildings 1% straight line on buildings Fixtures, fittings & equipment 20 - 33.3 % straight line Motor vehicles 25% reducing balance

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

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the statement of financial activities.

f) Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. g) Investment property Investment property, which is property held to earn rentals and / or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The gain or loss on revaluation is recognised in income and expenditure. h) Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. i) Taxation The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income. j) Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. k) Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. l) Commitments for future expenditure Other than normal commitments under contracts of employment and short term leases there are no contractual obligations to future expenditure at the balance sheet date. The church supports various missionaries both at home and overseas. The directors regularly review the commitment to missionaries and are confident that those supported would not view their support as an open ended obligation on the part of the church. Where the directors have authorised expenditure which is not yet legally enforceable amounts are set aside into funds designated for the purpose. There were no amounts authorised at 31 December 2024.

3 Critical accounting judgements and key areas of estimation uncertainty

In the application of the charity's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Page 15

BROMLEY CHRISTIAN CENTRE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4 Donations

Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
Donations and gifts
640,044
74,281
714,325
Donated goods
17,864
17,864
Income tax recoverable
104,453
11,154
115,607
744,497
103,299
847,796
 All donated goods were foodbank donations distributed to recipients during the year.
5
Income from charitable activities
£
Services provided under contract
-
Charitable rental income
48,434
Other income
31,980
80,414
Analysis by fund
Unrestricted funds
80,414
Restricted funds
-
80,414
For the year ended 31 December 2023
£
Services provided under contract
-
Charitable rental income
46,823
Other income
24,283
71,106
Analysis by fund
Unrestricted funds
68,871
Restricted funds
2,235.00
71,106
6
Investment income
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
Property letting
27,501
-
27,501
Interest receivable
13,756
170
13,926
41,257
170
41,427
7
Other income
Net gain on disposal of tangible fixed assets
Other
income from
Church
activities and
Other
income from
Church
activities and
mission
support		 Unrestricted
funds
2023
£
515,250
80,613
595,863
£
-
-
17,085
17,085
-
17,085
17,085
£
-
-
15,232
15,232
-
15,232
15,232
Unrestricted
funds
2023
£
27,972
4,399
32,371
Other
income from
Relief of
poverty
Other
income from
Relief of
poverty
activities		 Restricted
funds
2023
£
46,220
35,248
6,331
87,799
£
178,512
-
9,133
187,645
178,512
9,133
187,645
£
132,327
-
10,579
142,906
133,465
9,441
142,906
Restricted
funds
2023
£
-
464
464
Total
2024
£
-
Pre-school
nursery
funding and
fees
Pre-school
nursery
funding and
fees		 Total
2023
£
561,470
35,248
86,944
683,662
Total
2024
£
178,512
48,434
58,198
285,144
258,926
26,218
285,144
Total
2023
£
132,327
46,823
50,094
229,244
202,336
26,908
229,244
Total
2023
£
27,972
4,863
32,835
Total
2023
£
390

Net gain on disposal of tangible fixed assets

Page 16

BROMLEY CHRISTIAN CENTRE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

8 Charitable activities

Staff costs
Depreciation and impairment
Premises costs
Hire of equipment and facilities
Catering for activities and events
Conferences and away days
Manse costs
Donations in kind
Vehicle expenses
Publicity for services and events
Pastoral expenses
Expensed equipment
Travel and accomodation
Staff training and other costs
Professional services
Miscellaneous direct costs of activities
Grant funding of activities (see note 10)
Share of support costs (see note 11)
Share of governance costs (see note 11)
Analysis by fund
Unrestricted funds
Restricted funds		 £
107,648
33,855
51,225
3,656
6,914
8,307
37,252
-
441
1,150
979
-
20,664
2,813
698
15,461
291,063
57,243
233,619
10,104
592,028
531,042
60,987
592,029
Church
activities and
mission		 £
16,377
1,335
1,355
-
1,485
-
-
17,864
2,390
-
-
-
-
-
-
94
40,900
23,163
364
-
64,427
445
63,982
64,427
Relief of
poverty		 £
137,027
885
11,503
-
-
-
-
-
-
340
-
4,294
-
453
1,050
6,407
161,959
67
1,254
-
163,281
152,321
10,959
163,280
Pre-school		 Total
2024
£
261,052
36,075
64,083
3,656
8,399
8,307
37,252
17,864
2,831
1,490
979
4,294
20,664
3,266
1,748
21,962
493,922
80,473
235,237
10,104
819,736
683,808
135,928
819,736		 Total
2023
£
221,414
30,659
72,398
6,354
8,957
10,192
36,442
35,248
3,982
1,175
674
-
16,598
2,723
1,674
11,673
460,163
58,729
214,234
3,996
737,122

Page 17

BROMLEY CHRISTIAN CENTRE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

8 Charitable activities (continued)

For the year ended 31 December 2023

Staff costs
Depreciation and impairment
Premises costs
Hire of equipment and facilities
Catering for activities and events
Conferences and away days
Manse costs
Donations in kind
Vehicle expenses
Publicity for services and events
Pastoral expenses
Travel and accomodation
Staff training and other costs
Professional services
Miscellaneous direct costs of activities
Grant funding of activities (see note 10)
Share of support costs (see note 11)
Share of governance costs (see note 11)
Analysis by fund
Unrestricted funds
Restricted funds		 £
86,976
27,716
60,278
6,102
7,557
10,192
36,442
-
-
1,099
674
16,598
2,723
674
7,574
264,604
44,826
214,052
3,996
527,478
483,474
55,842
539,316
Church
activities and
mission		 £
19,196
1,780
2,064
252
1,400
-
-
35,248
3,982
-
-
-
-
-
118
64,040
13,903
79
-
78,023
149
68,167
68,316
Relief of
poverty		 £
115,242
1,163
10,056
-
-
-
-
-
-
76
-
-
-
1,000
3,981
131,518
-
103
-
131,621
125,449
4,041
129,490
Pre-school		 Total
2023
£
221,414
30,659
72,398
6,354
8,957
10,192
36,442
35,248
3,982
1,175
674
16,598
2,723
1,674
11,673
460,163
58,729
214,234
3,996
737,122
609,072
128,050
737,122

Support costs are allocated to activities on the basis of estimated use of support staff time.

Governance costs are charged to the general activities of the church and are not re-allocated to the relief of poverty or pre-school activities.

Premises costs which are not directly attributable to an activity have been allocated to the activities on the basis of estimated use of the premises in terms of area and time.

9 Description of charitable activities

Church activities and mission support

Church activities include all activities of the local church including donations made to other Christian ministries that the church supports both in the UK and overseas.

Relief of poverty

Relief of poverty represents services provided by the church for the relief of poverty including services provided under the name of the BCC Community and Bromley Relief Agency which assist those on low income and supports the CAP (Christians Against Poverty) Bromley Partnership and a mental health support initiative.

Pre-school

The pre-school is a registered nursery education provider OFSTED No. 137365 operated and administered by the church.

Page 18

BROMLEY CHRISTIAN CENTRE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

10 Grants payable

Grants to institutions:
The Bridge Centre Macedonia
Disaster Emergency Committee (Turkey/Syria)
Assemblies of God - Ukraine
Families Set Free (Pakistan)
NICG UK (India)
Fuel Macedonia
Maoz
Christians Against Poverty
Other (<£1k)
Grants to individuals
For the year ended 31 December 2023
Grants to institutions:
The Bridge Centre Macedonia
Disaster Emergency Committee (Turkey/Syria)
Assemblies of God - Ukraine
Families Set Free (Pakistan)
NICG UK (India)
Fuel Macedonia
Maoz
Christians Against Poverty
Other
Grants to individuals
Support costs
Staff costs
Administration expenses
IT & communications
Professional services
Bank charges
Legal and professional
Analysed between charitable activities		 Support
costs
£
141,403
54,987
23,893
6,953
8,001
-
235,237

235,237
 Church
activities and
mission
support
£
4,044
-
-
18,940
9,221
-
3,000
-
231
35,435
21,807
57,243
Governance
costs
£
-
-
-
-
-
10,104
10,104
10,104		 Relief of
poverty
£
-
-
-
-
-
-
-
3,500
699
4,199
18,964
23,163
Church
activities and
mission
support
£
4,044
-
2,000
5,173
9,616
3,000
4,000
-
216
28,050
16,776
44,826
2024
£
141,403
54,987
23,893
6,953
8,001
10,104
245,341
245,341		 Pre-school
£
-
-
-
-
-
-
-
-
-
-
67
67
Relief of
poverty
£
-
1,500
-
-
-
-
-
4,000
-
5,500
8,403
13,903
Support
costs
£
129,296
48,105
21,021
8,982
6,830
-
214,234
214,234		 Total 2024
£
4,044
-
-
18,940
9,221
-
3,000
3,500
930
39,634
40,838
80,473
Pre-school
£
-
-
-
-
-
-
-
-
-
-
-
-
Governance
costs
£
-
-
-
-
-
3,996
3,996
3,996		 Total 2023
£
4,044
1,500
2,000
5,173
9,616
3,000
4,000
4,000
216
33,550
25,179
58,729
Total
£
4,044
1,500
2,000
5,173
9,616
3,000
4,000
4,000
216
33,550
25,179
58,729
2023
£
129,296
48,105
21,021
8,982
6,830
3,996
218,230
218,230

11 Support costs

Legal and professional fees in governance costs includes amounts payable to the auditor (2023: independent examiner) of £10,140 (2023: £3,960) for examination fees and £nil (2023: £1,916) for other services.

Page 19

BROMLEY CHRISTIAN CENTRE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

12 Related parties

Pastor Mark Wiltshire received remuneration, in accordance with provisions in the governing document, for his pastoral services of £75,446 (2023: £72,904) and, in addition, pension contributions of £7,011 (2023: £6,835) and benefits of £624 (2023: £640). Mark Wiltshire and his wife were also paid £33,000 (2023: £33,000) rent in connection with the provision of a manse. Other manse running costs incurred were £4,096 (2023: £3,382). Rob Thomas also received remuneration, in accordance with provisions in the governing document for administrative and support services of £58,596 (2023: £57,244) and pension contributions of £3,501 (2023: £4,523).

None of the other trustees received any remuneration. However, four of them and their related parties (2023: three) incurred expenses in connection with duties, other than as trustees, of £4,638 (2023: £3,361) in respect of entertaining, travel, conferences and training. Gifts were given to trustees and their related parties in respect of non-trustee volunteer roles of £253 (2023: £240).

Expenses paid directly to trustees during the year totalled £11,076 (2023: £19,731), of which £2,099 (2023: £4,046) related to work related expenses specifically to two trustees and a related party (2023: three trustees and two related parties). The rest of these expenses relate to other church activity expenses.

With the permission of the Charity Commission for England and Wales, Olivia Wiltshire, daughter of Mark Wiltshire, was paid £5,124 (2023: £2,558) for social media services. During the year, Olivia Wiltshire was employed and received remuneration of £2,595.

Mark Wiltshire is also a director of Assemblies of God (AOG). Amounts paid to AOG for the year for expected contributions, minister training and subscriptions totalled £14,930 (2023: £12,430).

The church rented out living accomodation to Audrey Reeves, mother of Mark Wiltshire, at one of its rental properties for the annual sum of £3,600 (2023: £2,100).

During the year the church received donations totalling £59,377 (2023: £40,706) from trustees and their close family.

13 Employees

The average monthly headcount during the year was:-

Church activities
Pre-school
Relief of poverty
Total
Employment costs
Wages and salaries
Social security costs
Other pension costs
The number of employees whose annual remuneration was more than £60,000 is as follows:
£60,000 - £69,999
£70,000 - £79,999		 2024
Number
6
8
1
15
2024
£
358,958
27,282
16,214
402,454
2024
Number
0
1		 2023
Number
5
8
1
14
2023
£
313,036
22,363
15,310
350,709
2023
Number
0
1

Contributions totalling £7,011 (2023: £6,835) were made to defined contribution pension schemes on behalf of employees whose emoluments exceed £60,000.

Page 20

BROMLEY CHRISTIAN CENTRE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

14 Tangible fixed assets

Cost
At 1 January 2024
Additions
Disposals
At 31 December 2024
Accumulated depreciation
At 1 January 2024
Charge for the year
Eliminated on disposal
At 31 December 2024
Net book value
At 31 December 2024
At 31 December 2023
Fixed asset investments
Net book value brought forward		 Freehold
Property
(restated)
£
2,034,500
-
-
2,034,500
179,962
20,677
-
200,639
1,833,861
1,854,538		 Fixtures,
fittings and
equipment
£
158,976
35,971
(2,527)
192,420
148,863
14,062
(2,527)
160,398
32,022
10,113		 Vehicles
£
12,660
-
-
12,660
7,319
1,335
-
8,654
4,006
5,341
2024
£
475,000		 Total
2024
£
2,206,136
35,971
(2,527)
2,239,580
336,144
36,074
(2,527)
369,691
1,869,889
1,869,993
2023
£
475,000

15 Fixed asset investments

One of the properties, is classified as an investment property (since 2022). An estimated market value has been placed on this property based on recent valuations of nearby properties, taking into consideration the size and current condition of the building.

16 Financial instruments

The market value of land and buildings is likely to be considerably higher than the net book value above. However, the directors do not consider it good value for money to pay for a professional valuation as they are functional assets used in the day to day activities of the charity and there are no plans to dispose of them.

17 Debtors

Falling due within one year:
Other debtors
Tax recoverable
Prepayments and accrued income
18
Creditors: liabilities falling due within one year
Taxation and social security
Other creditors
Accruals
Deferred income (see note 21)		 2024
£
36,200
34,527
28,791
99,518
2024
£
9,547
21,809
17,633
-
48,989		 2023
(restated)
£
34,817
11,837
30,109
76,763
2023
£
7,918
14,611
9,440
2,200
34,169

19 Deferred income

Within one year
After one year
The income deferred at the period end will be released to income over the following periods:
Amount released to income
Balance at the beginning of the reporting period
Balance at the end of the reporting period
Deferred income comprises the following:
Amount deferred in year		 2024
£
2,200
(2,200)
-
-
-
-
-		 2023
£
13,227
(13,227)
2,200
2,200
2,200
-
2,200

Page 21

BROMLEY CHRISTIAN CENTRE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

20 Retirement benefit schemes

The charge to the statement of financial activities in respect of defined contribution schemes was £16,214 (2023: £15,310). At the year end there was a pension creditor of £563 (2023: £nil).

21 Funds

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

Designated Funds
Special projects
ARK pre-school
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Romanian outreach
Special offerings and events
BCC Community
Future redevelopment
Ministry Development
Mission fund
Macedonian church
Ark Pre-school grants
Bromley Night Shelter
Christmas give away
CAP
Aggregate of funds		 Opening
balance
2024
£
4,863
-
4,863
2,704,284
2,709,147
3,843
6,103
1,373
1,839
2,561
-
-
15,450
486
30,590
380
62,625
2,771,772		 Incoming
resources
2024
£
17,750
180,343
198,093
846,587
1,044,680
-
37,926
21,965
1,732
3,781
8,600
1,662
9,132
-
29,574
15,315
129,687
946,131		 Outgoing
resources
2024
£
(17,359)
(152,321)
(169,680)
(514,128)
b),
c),
d)
(683,808)
-
(30,142)
(26,613) b)
(3,571)
(3,334)
(14,246)
a),
c)
(8,271)
a),
c)
(10,959)
(486)
(19,543) a)
(18,763) a)
(135,928)
(737,122)
d)		 Transfers in
the year
2024
£
(499)
(28,022)
(28,521)

12,238
(16,283)
-
-
5,556
-
-
5,646
6,609
-
-
(5,028)
3,500
16,283
-		 Closing
balance
2024
£
4,755
-
4,755
3,048,981
3,053,736
3,843
13,887
2,281
-
3,008
-
-
13,623
-
35,593
432
72,667
3,126,403

The transfers referred to above were made for the following reasons:

The transfer from the Christmas give away to CAP fund of £3,500 represents monies received by the Christmas give away fund for CAP. Further

a) transfers of Christmas give away funds were: £750 to the mission fund and £778 to Macedonian church. A transfer of £5,556 was made out of the general fund to BCC Community HOPE fund to cover costs of HOPE activities where insufficient b) specific donations.

c) Transfers from general fund to Macedonian and mission funds to provide regular support to overseas missionaries where donations fall short. d) Transfers relate to the distribution of unused designated funds to other causes.

Analysis of net assets by fund

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

Tangible fixed assets
Investments
Debtors
Cash at bank and in hand
Creditors falling due within one year		 Unrestricted
funds
£
1,865,883
475,000
90,880
666,724
(44,751)
3,053,736		 Restricted
funds
£
4,006
-
8,638
64,261
(4,238)
72,667		 2024
£
1,869,889
475,000
99,518
730,985
(48,989)
3,126,403

Page 22

BROMLEY CHRISTIAN CENTRE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

21 Funds (continued)

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

Designated Funds
Special projects
ARK pre-school
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Romanian outreach
Special offerings and events
BCC Community
Future redevelopment
Ministry Development
Mission fund
Macedonian church
Ark Pre-school grants
Bromley Night Shelter
Christmas give away
CAP
Aggregate of funds		 Opening
balance
2023
£
-
-
-
2,498,568
2,498,568
3,843
1,333
7,909
-
2,813
-
-
10,050
486
37,463
298
64,195
2,562,763		 Incoming
resources
2023
£
15,466
135,907
151,373
679,587
830,960
-
19,093
40,076
1,839
3,750
4,503
3,834
9,441
-
18,300
14,335
115,171
946,131		 Outgoing
resources
2023
£
(11,040)
(125,449)
(136,489)
(472,583)
(609,072)
-
(14,323)
(49,914)
-
(4,002)
(8,581)
(9,763)
(4,041)
-
(19,173)
(18,254)
(128,050)
(737,122)		 Transfers
in the year
2023
£
437
(10,458)
(10,021)
(1,288)
(11,309)
-
-
3,302
-
-
4,078
5,929
-
-
(6,000)
4,000
11,309
-		 Gains and
losses
2023
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Closing
balance
2023
£
4,863
-
4,863
2,704,284
2,709,147
3,843
6,103
1,373
1,839
2,561
-
-
15,450
486
30,590
380
62,625
2,771,772

Analysis of net assets by fund

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

e previous year, the assets and liabilities of the various funds were as follows:
Tangible assets
Investments
Debtors
Cash at bank and in hand
Creditors falling due within one year		 Unrestricted
funds
£
1,867,715
475,000
68,644
331,898
(34,110)
2,709,147		 Restricted
funds
£
2,278
-
8,119
52,287
(59)
62,625		 2023
(restated)
£
1,869,993
475,000
76,763
384,185
(34,169)
2,771,772

Page 23

BROMLEY CHRISTIAN CENTRE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

21 Funds (continued)

Restricted funds:

Romanian outreach - these funds are for education and relief of poverty in Romania.

Special offerings and events - these funds have been given to various specific causes or events and applied for those purposes

BCC Community - these funds are used to assist senior citizens and to relieve poverty in the local area and includes a small amount raised for work with people with mental health issues.

Future redevelopment - donations towards the cost of developing the BCC site.

Ministry Development - These funds have been given to further the development of ministry within the church.

Mission fund - these funds are used to support various mission projects in the UK and abroad.

Macedonian church - these funds are used for the support of a church, The Bridge Centre, in Macedonia and the support of the pastors of the church.

Ark Pre-school grants - are grants received for restricted purposes.

Bromley Night Shelter - these funds are for the Bromley Night Shelter which operates from December to March each year.

Christmas give away - this fund receives donations from an offering taken shortly before Christmas each year and is used to support various projects where there is specific need.

CAP - this fund meets expenditure in connection with the local operation of Christians Against Poverty.

Designated funds:

Special projects - these funds are set aside to cover expenses of the activities as described in the name of the fund.

The Ark pre-school - income from the running of the pre-school was held on designated fund and used to further this activity.

22 Cash generated from operations

Surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
Gain on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
Movements in working capital:
(Increase) / decrease in debtors
Increase / (decrease) in creditors
Increase / (decrease) in deferred income
Cash generated from operations
23
Analysis of changes in net debt
Cash at bank and in hand		 At 1 January
2024
£
384,185		 2024
£
354,631
(41,427)
-
36,075
(22,755)
17,020
(2,200)
341,344
Cash flows
£
346,800		 2023
£
209,009
(32,835)
(390)
30,659
(13,353)
(4,717)
(11,027)
177,346
At 31
December
2024
£
730,985

24 Prior year restatement

Tangible fixed asset building costs have been reduced by £33,250 and other debtors have been increased by the same amount to reflect the security deposit that is held by Reliance bank following the payment of the loan in 2023 that was used to facilitate the purchase of 16 Pinewood Road.

Page 24

BROMLEY CHRISTIAN CENTRE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 DECEMBER 2024

Note
INCOME AND ENDOWMENTS FROM:
Donations
4
Charitable activities
5
Investments
6
Other income
7
Total income and endowments
EXPENDITURE ON:
Charitable activities:
8
Net income/(expenditure)
Transfers between funds
21
Net movement in funds
Other recognised gains/(losses):
Gain on revaluation of fixed assets
15
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
21		 General
Designated
2024
2024
£
£
740,677
3,820
66,485
192,441
39,425
1,832
-
-
846,587
198,093
514,128
169,680
332,459
28,413
12,238
(28,521)
344,697
(108)
-
-
344,697
(108)
2,704,284
4,863
3,048,981
4,755
Unrestricted funds		 Restricted
2024
£
103,299
26,218
170
-
129,687
135,928
(6,241)
16,283
10,042
-
10,042
62,625
72,667		 Total
2024
£
847,796
285,144
41,427
-
1,174,367
819,736
354,631
-
354,631
-
354,631
2,771,772
3,126,403		 General
Designated
2023
2023
£
£
592,383
3,480
56,886
145,450
29,928
2,443
390
-
679,587
151,373
472,583
136,489
207,004
14,884
(1,288)
(10,021)
205,716
4,863
-
-
205,716
4,863
2,498,568
-
2,704,284
4,863
Unrestricted funds		 Restricted
2023
£
87,799
26,908
464
-
115,171
128,050
(12,879)
11,309
(1,570)
-
(1,570)
64,195
62,625		 Total
2023
£
683,662
229,244
32,835
390
946,131
737,122
209,009
-
209,009
-
209,009
2,562,763
2,771,772

Page 25