Company registration No. 06057378 (England & Wales
Charity No. 1119350
Crossgate Church Ltd
Company Limited by Guarantee
Report and Financial Statements
For The Year Ended 31 December 2024

CROSSGATE CHURCH LTD
TRUSTEES REPORT & FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Contents
Page
Charity Reference and Administrative Details
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
2to6
Statement of Cash Flows
10
Notes to the Financial Statements
11 to20

CROSSGATE CHURCH LTD
CHARITY REFERENCE & ADMINISTRATIVE DETAILS
YEAR ENDED 31 DECEMBER 2024
Reglstered charity name
Crossgate Church Ltd
Charlty registratlon number
1119350
Company registratlon number
06057378
Reglstered offlce
The Benchmark
25 Ribbleton Street
Preston
Lancashire
PR15BA
Trustee8
Mr J L Bowen
Mr A Gardner
Mr l K Ferguson
Mr S Barratt
Mr A Gangaidzo
(resigned 21 July 20251
(Chair from 3 June 20251
(appointed 26 June 2025)
Secretary
Mr S Barratt
Key Management p8r8onnel
Mr J Wright (Pastor)
Independent examlner
Cooper Parry Group Limited
St James Building
79 Oxford Street
Manchester
M16HT

CROSSGATE CHURCH LTD
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
The Trustees of the Charity, who are also Directors of the Company for the purposes of the Companies Act
2006, present their report with the financial statements of the Charity for the year ended 31 December 2024.
Objectlves and activitie8
The Charity exists in order to demonstrate the love of God in word and action, provide worship facilities to
the membership and wider congregation and to provide fellowship and support for each other.
The Charity's vision is.. To make fully devoted followers of Jesus Christ and the Charity hopes to achieve this
through a biblically based purpose centred on two passages, Mark 12'.30-31 and Matthew 28.'19-20 (Jesus,
Great Commandment and Great Commission) which describe loving God, loving your neighbour, making
disciples and teaching Jesus, commandments. Crossgate Church summarises this purpose with the phrase..
To be a Christ Centred Community, Loving People Transforming Lives
This purpose encompasses and encourages the Charity's activitie5 both internally and externally. The
Charity continues to teach and demonstrate the love of God in Preston, offer multiple worship services
throughout the week and provide both spiritual and tangible support for membership and the wider public,
Simultaneously it extends its charitable work to meet a variety of social, spiritual and economic needs in the
community, regardless of background, race or creed whilst keeping Jesus at the centre with the belief that it
is not charitable action making a difference in their life but his transforming power.
The strategies we employ to fulfil our aims and objectives can be classified into two broad areas.. looking
inwards and looking ou￿ardS,
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities
the Charity should undertake.
Internal Church D18clple8hlp & Support
Sunday morning services are al the heart of Crossgate's ministry and offer a place where everybody can
connect spiritually and meet with God through bible-based teaching, vibrant, modern and energetic worship
and prayer. We believe that strong small groups are the foundation to a healthy church and seek to
encourage community through small groups, as a growing church we are aware that this can often lead to
isolation and people feeling left out, small groups are a way to combat this and strengthen community.
Sunday Services offer programmes for all ages held weekly for toddlers up to high school ages. Faith and
evangelistic based courses such as Alpha support the charity's vision in making fully devoted followers of
Jesus Christ. Simultaneously there are over 20 'small groups, which meet throughout the week at various
locations.
Throughout 2024, Crossgate Church's online presence continued with all services recorded and aired live
professionally via our website and YouTube for the congregation who are unable to attend in person. This
continues to be a valuable outreach and is used by many including those in other countries.

CROSSGATE CHURCH LTD
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
Community Outreach & Support
Crossgate Church is blessed to be seen as a church of influence and significance and fully appreciates the
opportunities that are offered to serve the local community and wider afield. This is particularly relevant
within the immediate community and the relationship that has been developed with HMP Preston.
The café area has increased its service for HMP Preston and operated as a visitor centre for families of
inmates. Going forwards this is an area of development and growth for Crossgale Church.
Crossgate continues to prepare meals for vulnerable members of the church and the local community to
provide support. This continued throughout 2024 and basic groceries were also donated to those in need as
well as the meals. On average over the year, some 7,000 community meals were prepared and 3,313 bags
of groceries were delivered to many households. By seeing people regularly and building trust, we have
been able to provide support to 709 individuals. This includes supporting families with debt problems,
budgeting, mental health, addiction recovery, loneliness and benefits advice,
We have made relationships and gained trust with local homeless people, street workers and those battling
addiction, providing food, toiletries and support with housing applications. Some of these people choose to
meet with their mental health workers in our café so that we can also offer support, and we have some local
addiction recovery groups that meet on our premises so that service users can come and receive
prescription medicines by professionals, and support in other areas from us.
The building not only serves the church internally but is also used for serving the community externally and
used for events for external parties.
The Church building has been used for a number of events throughout 2024 supporting varioLJS community
organisations, such as No More Knives, Local Users Forum {LUF), NHS Mental Health Events, Maximus
Refugee Employability Programme, and Recovery & Rehabilitation services {Emerging Futures and Inspire).
We also introduced a community foodbank in 2024.
The church works closely with other churches and organisations both locally and nationwide and is a
member of the Evangelical Alliance,. the Pastors are members of a UK Leadership Ne￿Ork 'Partnering for
Purpose, that meets bi-annually.
In December we had multiple Christmas events, our Christmas Celebration Services were once again
great success. We were able to host our annual special Carol Service in HMP Preston this year. The church
was involved in distributing Christmas assistance to over 300 households by providing money gifts for gas
and electricity, food hampers, Christmas lunches and Christmas gifts for families to give their children. Some
families received 'Christmas Dinner in a bag, where we gave them a turkey, vegetables and all the trimmings
so that they could cook their own Christmas lunches. Gifts were given to children who are known to us
through the Community Hub and we provided a Christmas lunch party to over 100 of those who regularly
attend the hub, this included vulnerable, homeless and street ladies. Gifts were also given to those who
were nominated through our partnerships with other organisations, including gifts for children of serving
offenders, social services and local schools.
Across the generations Crossgate Church is blessed to be able to be the 'hands and feet, of Jesus to those
in need, whether it be close to home or overseas.
Structure, governanca and management
The Charity is controlled by its governing document, a Memorandum and Articles of Association, and
constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Following a review of the governance structure of the Charity in 2015 the previously separate groups of
Trustees and Elders were consolidated into a new, single 'Leadership Board, in March 2016.

CROSSGATE CHURCH LTD
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
We have continued following the format of this structure since, however, it was reviewed in 2024 and agreed
by the board that this approach was limiting the church's spiritual oversile as some members have gifting in
the area of elder, without a gifting as trustee. We looked therefore, to introduce a Hybrid Model to our board,
continuing with the approach of one board, but with different roles.
We are now one board of overseers of the church, but some within the board of Elders are nominated as
trustees whilst some are solely Elders, due to calling and God's gifting. This approach allows us lo add depth
and strength to the team with more Elder's offering greater spiritual oversite and Godly wisdom. The new
approach is currently being trialled, and Articles of Association is being updated accordingly.
Suitable candidates for new Trustees are identified and discussed by the current Trustees and Lead Pastor,
Consensus is required on candidates to take forward before the appointment process proceeds further. A
candidate evaluation and interview process then takes place. Successful candidates are then announced to
the Membership and, provided there are no objections, the new Elders are formally appointed. If objections
are raised, the Trustees will seek to clarify and endeavour to resolve the issue. However, should any doubt
remain as to the integrity of the person in question, then approval will not be granted. All new leadership
board members first come on the team as Elder, then after 6 months, they either remain as Elder, or become
Elder l Trustee if suitable.
New Trustees are required to sign a copy of the Charity 'Statement of Affirmation,, confirming they have not
been disqualified from acting as a Trustee, they have no criminal record and their personal financial affairs
are above reproach. They are also given a copy of the latest available accounts, a copy of the Charity
Commission publication 'The Essential Trustee What You Need to Know, and a copy of the Memorandum
and Articles of Association for information and reference.
Staff organlsatlonal Structure
The day-to-day running of Crossgate Church is shouldered mainly by the Church Staff, under the leadership
of the Senior Pastor and Pastors (Senior Leadership Team), who have been equipped by the Trustees to
carry out their duties within an agreed process.
The Pastors and the Leadership Board are ultimately responsible for the spiritual health of the Church and
oversee the pastoral care of the Congregation, They constantly seek to determine God's will for Crossgate
Church, in order that they may lead the Church forward both in vision and direction. Within this remit Ihey
also strive to empower and release key people within the various Ministries. Ministry Leaders are directly
responsible to the Pastors, who meet on a weekly basis.
Unfortunately, in December 2023, our newly appointed Senior Pastor, Martin Trench resigned from his role,
due to personal circumstances which led to him returning to Canada with his family. Martin left with our full
support and blessing.
As part of the previous recruitment process in November 2021, we selected 4 applicants for interview, who
we felt were all suitable candidates. Martin Trench was appointed, however, Josh Wright, also applied for the
role and finished a close second behind Martin. Josh remained as an associate Pastor in Crossgate Church
during Martin's tenure and received both pastoral and spiritual development, and the board recognised an
anointing on his life to take up this role.
This is therefore, a contlnuation of the process we started 2 years ago as the candidate already went
through the interview process and finished very highly, therefore, Joshua Wright was appointed Lead Pastor
of Crossgate Church, in December 2023.
Josh stepped up in an incredible way, serving and leading the church as the Lead Pastor throughout 2024.
In 2024 it was clear that additional Pastoral Leadership was required in the church and the Board authorised
the recruitment of an additional Pastor to support Josh. Following a thorough recruitment process,
welcoming applicants both internally and externally, Nick Warner was appointed Associate Pastor in
December 2024.

CROSSGATE CHURCH LTD
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
Relationshlps between the charity and related parties
None of our Trustees receive remuneration or other benefit from their work with the Charity. Any connection
be￿een a Trustee or senior manager of the charity with a partner organisation or supplier must be disclosed
to the Trustees in the same way as any other contractual relationship with a related party and this is
acknowledged within the Conflict of Interest policy.
Pay pollcy for senlor staff
The Directors comprise the Board of Directors, who are the charity's Trustees, and the Senior Management
Team comprise the key management personnel of the Charity, in charge of directing and controlling, running
and operating the Charity on a day-to-day basis.
All Directors give their time freely and no Director received remuneration in the year.
The pay of the senior staff is reviewed annually.
Voluntear8
The Trustees wish to place on record their undoubted appreciation of the tireless work carried out by
volunteers on behalf of the Charity, without which the Church could not continue in its present form.
Rl8k management
The trustees have a duty to identify and review the risks lo which the Charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud irregularity and error.
Trustee approval is required for all significant items of expenditure. Receipts or invoices are required in
support of payments, which are allocated against the appropriate cost centres in our accounting system to
ensure that an audit trail is provided for all expenditure,
Appropriate insurance cover is in place and is regularly reviewed to ensure that the charity's risks are
managed properly. We are adequately covered for Public and Employers Liability Insurance.
It is a requirement that all Trustees and persons working with children andlor vulnerable adults are cleared
by the Police under the Disclosure and Barring Service scheme. The charity also subscribes to
'Thirtyone.'eight' (formally Ihe Churches Child Protection Advisory Service) to ensure compliance with the
rules and regulations relating lo children and vulnerable adults. Safeguarding is a priority of the charity and a
dedicated safeguarding team comprising of a Leader and 2 deputies (split into age-appropriate groups) meet
reg ularly for updates and to discuss potential safeguarding issues. This is also in close communication with
Thirtyone'.eight, an independent Christian safeguarding charity,
Flnanclal revlew
During the year ended 31 December 2024 the Charity received total incoming resources of £455,560 of
which £17,421 was received as restricted funding. Costs of £406,249 were incurred in connection with the
delivery of direct charitable activities and associated support costs.
The Trustees would like to thank all those people and organisations who have given so generously in
support of the church and the church's ongoing community and ministry work,
No material costs associated with fundraising were incurred during the year.
The Charity's main source of regular income is support from the membership. There is never certainty over
the levels of donations that the Charity receives.

CROSSGATE CHURCH LTD
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
Reserves policy
At 31 December 2024 the Charity held total funds of £1,678,375 of which £26,021 was restricted for future
use, as detailed in note 15. Unrestricted funds totalled £1,652,354, which included the designated fixed
asset fund of £1,596,681 and general unrestricted funds of £55,673.
It is intended that sufficient reserves are retained in order to enable the Charity to undertake its financial
commitments for a minimum of months. The level of available, liquid unrestricted funds carried forward
at 31 December 2024 was therefore below this target.
Golng concern
The directors are taking all available steps to efficiently manage cash flow and manage it's business risks.
This includes exploring all available support being made available from the UK Government,
After reviewing the Charity's forecasts and projections against the Income generated through gifts, donations
and events, the directors have a reasonable expectation that the Charity has adequate resources to
continue operational existence for the foreseeable future. The directors therefore believe that it remains
appropriate to prepare the financial statements on a going concern basis.
Plan8 for future perlod8
Heading in to 2025, we are excited to move to two services following the growth to church attendance and to
further develop and grow our key ministries and continue using the building to serve the church and the
community.
Our work with other faith based and secular organisations, government agencies and local community
groups continues lo flourish, in particular, with Sland by Me Ministries across the Globe. It is our aim to
continue to develop these relationships, with the aim of'Loving People and Transforming Lives,.
The development and continuation of small groups is to be extended and pushed as a key ministry area.
Signed by order of the trustees..
Mr S Barratt, Secretary
Date, 9 September 2025

CROSSGATE CHURCH LTD
INDEPENDENT EXAMINATION REPORT
YEAR ENDED 31 DECEMBER 2024
I report to the Charity trustees on my examination of the accounts of the Company for the year ended 31
December 2024, which are set out on pages 9 to 21.
Responsibilitles and basis of report
As the Charity's trustees of the Company (and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 ('the 2006 Act'i.
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's
accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'}. In carrying out my
examination I have followed the Directions given by the Charity Commission under section 145{5) (bl of the
2011 Act.
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a
member of ACCA, which is one of the listed bodies.
Independent examlner's 8tatement
I have completed my examination. I confirm that no matters have come to my attention in connection with
the examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by section 386 of the 2006
Act., or
2. the accounts do not accord with those records,. or
3, the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a 'true and fair view which is not a matter considered as
part of an independent examination,, or
4. the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS 102).
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached,
Ste
n"Grays
ACA FCCA
For and on behalf of Cooper Parry Group Llmltad
St James Building
79 Oxford Street
Manchester
M16HT
Date.. 9 September 2025

CROSSGATE CHURCH LTD
STATEMENT OF FINANCIAL ACTIVITIES (INCL INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 31 DECEMBER 2024
2024
Restrlcted
funds
2023
Unrestrlcted
funds
Total
Total
Noto
Income and endowments from:
Donations and legacies
Charitable activities
Investments
Other
351,299
74,941
794
11,105
17,421
368,720
74,941
794
11,105
363,821
57,311
1,093
14,812
Total Income
438,139
17,421
455,560
437,037
Expendlture on:
Charitable activities
405,531
718
406,249
445,052
Total expendlture
405,531
718
406,249
445,052
Net Income l (expendlturel
32,608
16,703
49,311
{8,015}
Tran8fer8 between fund8
29,976
(29,976)
Net movement In fund8
62,584
113,2731
49,311
18,015)
Reconclllatlon of funds:
Total funds brought fomard
1,589,770
39,294 1,629,064 1,637,079
Total funds carrled forward
15
1,652,354
26,021 1,678,375 1,629,064
The Statement of Financial Activities includes all gains and losses in the year.
All of the above amounts relate to continuing activities.

CROSSGATE CHURCH LTD
BALANCE SHEET
YEAR ENDED 31 DECEMBER 2024
2024
Unrestricted Restricted
funds
funds
2023
Total
Total
Not?
Fixed assets
Tangible assets
Intangible assets
2,103,882
122
2,104,004
1,942
2,105,824
122
2,105,946
2,132,182
183
2,132,365
10
1,942
Current assets
Debtors
Cash at bank and in hand
11
27,580
62,323
89,903
27,580
86,402
113,982
32,681
51,704
84,385
24,079
24,079
Credltor8: amount8 falllng due
wlthln one year
12
{57,368}
(57,368)
(58,946)
Net current (Ilabllltleslla888t8
32,535
24,079
56,614
25,439
Total a88ets1088 current Ilabllltl88
2,136,539
26,021
2,162,560
2,157,804
Credltor8: amount8 falllng due after
more than one year
13
1484,185)
(484,1851
1528,7401
Net a880t8
1,652,354
26,021
1,678,375
1,629,064
Charlty Funds
Unrestricted funds
Designated fixed asset fund
Restricted funds
55,673
1,596,681
55,673
1,596,681
26,021
{4, 593)
1,594,363
39,294
26,021
Total fund8
15
1,652,354
26,021
1,678,375
1,629,064
For the period ended 31 December 2024 the Charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Trustees, responslbllltles:
The members have not required the Charity to obtain an audit of its accounts for the year in question in
accordance with section 476, and the trustees acknowledge their responsibilities for complying with the
requirements of the Act with respect to accounting records and the preparation of accounts. The financial
statements were approved by the members of the committee and authorised for issue on 9 September 2025
and are signed on their behalf by..
Mr A Gardner, Trustee
Company registration number.. 06057378

CROSSGATE CHURCH LTD
STATEMENT OF CASH FLOWS
YEAR ENDED 31 DECEMBER 2024
2024
2023
Note
Cash flow from operatlng activities
20
76,196
(63,2841
Cash flow from Inve8tlng actlvltle8
Investment income
Purchase of tangible fixed assets
794
(4,214)
1,093
1138,053)
13,420)
(136,9601
Cash flow from flnanclng actlvltle8
Repayment of borrowings
(38,078)
(31,244)
(38,0781
131,244)
Net Incr8asal(decrease) In cash and cash equlvalent8
34,698
1231,488)
Ca8h and cash equlvalents at 1 January
51,704
283,192
Cash and cash equlvalent8 at 31 December
86,402
51,704
Ca8h and cash equlvalents con818ts of:
Cash at bank and in hand
86,402
51,704
Cash and cash equlvalonts at 31 December
86,402
51,704
10

CROSSGATE CHURCH LTD
NOTES TO FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Accountlng pollcies
Legal form
The charity constitutes a limited company, limited by guarantee as defined by the Companies Act
2006, incorporated in England and Wales. The registered office is The Benchmark, 25 Ribbleton
Street, Preston, Lancashire, PR158A.
Basls of accountlng
The financial statements have been prepared in accordance with 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) which became effectlV6 1 January 2015, the Financial Reporting Standard 102 and the
Companies Act 2006.
Crossgate Church Ltd meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise slated in the
relevant accounting policy notes.
The financial statements are presented in sterling which is the fu nctional currency of the Charity and
rounded to the nearest £.
Preparatlon of the account8 on a golng concern ba818
Like many similar charities, Crossgale Church Ltd is reliant on donations and voluntary giving, the
receipt of which can be unpredictable in terms of value and timing. However, the trustees are hopeful
that giving will continue to remain al similar levels seen in previous years, and forecasts have been
prepared on this basis, Therefore, the trustees have, at the time of approving the financial
statements, a reasonable expectation that the Charity has adequate resources to continue in
operational existence for the foreseeable future. Thus, they continue to adopt the going concern
basis of accounting in preparing the financial statements.
Incomlng r080urce8
Income is recognised when the charity has entitlement to the funds, any performance conditions
attached to the item of income have been met, it is probable that the income will be received and the
amount Can be measured reliably.
Fund accountlng
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when the funds are raised for particular restricted
purposes.
11

CROSSGATE CHURCH LTD
NOTES TO FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Accountlng policies (continued)
Resourced Expensed
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.
Expenditure on charitable objectives includes the costs of charitable activities undertaken directly to
further the purposes of the charity and their associated support costs.
Donated assets and servlces
Assets donated for ongoing use by the Charity in carrying out its activities are recognised as tangible
fixed assets with the corresponding gain recognised as income from donations within the Statement
of Financial Activities.
Donated services are recognised as an expense on the Statement of Financial Activities on the basis
of the value of the gift lo the Charity where the Charity has control over the service, with
corresponding amount recognised as income.
Allocatlon8 of 8UPPOrt C08t8
Support costs are those functions that assist the work of the Charity but do nol directly undertake
charitable activities, Support costs include back office costs, finance, personnel, payroll and
governance costs which support the Charity's activities, These costs have been allocated between
expenditure on charitable activities on an actual basis where applicable. The remaining support costs
have been allocated be￿een each activity based on the proportionate direct costings.
Tanglbla flxed a8SOts
Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of
depreciation and any impairments.
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life,.
Freehold property
Kitchen improvements
Technologylsecurity
Fixtures and fittings
Motor vehicles
2 % straight line
5 % straight line
25 % straight line
25 % reducing balance
25 % reducing balance
Land is not depreciated.
12

CROSSGATE CHURCH LTD
NOTES TO FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Flnancial 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, concessionary
loans and hire purchase agreements which are subsequently measured at amortised cost using the
effective interest method.
Operatlng lea888
Rentals payable are charged on a time basis over the lease term,
Conce881onary Loans
For concessionary loans repayable on demand, the carrying amount of the loan has not been
adjusted to reflect the below prevailing market rates of interest being charged.
Concessionary loans repayable in more than one year have been initially recognised at the amount
received with the carrying amount adjusted in subsequent years to reflect repayments and adjusted if
necessary for any impairments.
Judgement8 and key 8ource8 of 08tlmatlon uncertalnty
In the application of the charity's accounting policies, the trustees 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 olher factors that are considered to be relevant. Actual results may differ from these
estimated.
Income from donatlon8
Unrastrlcted
Fund8
Restrlcted
Funds
Total
2024
Total
2023
Gifts
Gift aid
Grants
Donated gifts in kind
298,829
52,470
540
161
16,720
299,369
52,631
16,720
300,440
52,081
11,300
351,299
17,421
368,720
363,821
Included within donations is unrestricted income of £351,299 (2023.. £351,705) and restricted income
of £17,421 (2023.. £12,116).
During the year the charity received gifts in kind totalling £nil {2023'. £nil).
13

CROSSGATE CHURCH LTD
NOTES TO FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Incomlng resources from charitable activities
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Community based activities
Events
Youth services
Pastoral
Church services
21,982
52,578
66
134
181
21,982
52,578
66
134
181
17,614
38,024
640
1,030
74,941
Income from charitable activities was £74,941 12023.. £57,311), All such income was unrestricted in
the current and previous year.
Analy818 of expendlture on charltable actlvltles
Actlvltle8
Support and
dlrectly
governance
undertaken c08ts Inote 61
Total
2024
Total
2023
Actlvlty
Discipleship & Church Events
Pastoral
Children's ministry
Creative
Corporate
Youth
Church services
Community based activities
Provision for doubtfu I debts
Irrecoverable VAT
1,996
4,636
4,223
4,086
14,940
680
45,754
90,923
2,706
7,588
5,726
5,540
20,259
922
61,913
126,173
8,184
4,702
12,224
9,949
9,626
35,199
1,602
107,667
217,096
8,184
10,426
11,176
11,060
26,230
32,916
4,735
102,958
244,612
939
167 238
239,011
406,249
445,052
Expenditure on charitable activities was £406,239 12023.. £445,052) of which £405,531 12023..
£434,582) was unreslricled and £718 (2023.. £10,470) was restricted.
14

CROSSGATE CHURCH LTD
NOTES TO FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Analysis of support and governance costs
2024
2023
Staff costs
Electricity, rates and water
Telephone, internet costs and IT support
Legal, professional and accountancy fees
Bank charges and loan interest
Depreciation
Insurance
Other support costs
Vehicle costs
Provision for doLJbtful debts
Irrecoverable VAT
139,842
1,102
5,452
162
46,147
30,633
874
5,302
1,313
8,184
191,331
4,717
1,483
45,813
30,099
8,034
4,629
1,399
939
239 011
288 444
Nat Incomlng re80urc88
2024
2023
Net r880urce8 are stated after charglng..
Depreciation
Amortisation
Operating lease charges
Independent examiner's remuneration..
Independent examination fee (exclusive of VAT)
30,572
61
2,306
30,008
91
2,232
3,500
Analys18 of staff ¢08t8, tru8tae remuneratlon and expen8e8 and the cost of key management
personnel
2024
2023
Wages and salaries
Social security costs
Pension costs
132,386
4,184
3,272
139,842
178,079
8,701
4,551
191,331
15

CROSSGATE CHURCH LTD
NOTES TO FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Analysls of staff costs, trustee remuneration and expenses and the cost of key management
personnel (continued)
Partlculars of employees:
The average number of employees during the year was as follows..
2024
No
2023
No
Number of staff
No employees had employee benefits in excess of £60,000 per annum in 8ither the current or prior
year.
The Charity trustees were not paid and did not receive any other benefits from employment with the
Charity in either the current or prior year, nor did they receive any travel or other reimbursed
expenses
The employee benefits paid to key management personnel during the year was £44,500 (2023..
£63,047)
Tanglble flxed a88et8
Freehold
property &
Improvements
Motor
v8hlcle8
Flxtur88 &
flttlng8
Total
C08t:
At 1 January 2024
Additions
Disposals
At 31 December 2024
2,253,843
4,214
135,940
2,598
2,392,381
4,214
2,258,057
135,940
2,396,595
Depreclatlon:
At 1 January 2024
Charge for the year
Eliminated on disposals
At 31 December 2024
133,604
27,521
125,094
2,777
1,501
274
260,199
30,572
161,125
127,871
290 771
Net book value:
At 31 December 2024
2,096,932
8,069
823
2,105,824
At 31 December 2023
2,120,239
10,846
1,097
2,132,182
16

CROSSGATE CHURCH LTD
NOTES TO FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
10 Intanglble assets
2024
Cost:
At 1 January 2024
Additions
At 31 December 2024
617
617
Amortlsatlon:
Al 1 January 2024
Charge for the year
At 31 December 2024
434
61
495
Net book value:
At 31 December 2024
122
At 31 December 2023
183
11 Debtor8'. Amount8 falllng due wlthln one year
2024
2023
Other debtors
Prepayments
25,406
2,174
30,776
1,905
12 Credltor8: Amounts falllng wlthln one yaar
2024
2023
Taxation and social security costs
Other creditors
Accruals
Bank loans (note 14)
Bounce back loan
4,261
9,280
5,146
28,524
10,157
7,139
9,165
10,438
22,335
9,869
57,368
17

CROSSGATE CHURCH LTD
NOTES TO FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
13 Creditors: Amounts falllng due in more than one year
2024
2023
Bank loans (note 141
Bounce back loan
478,677
5.508
484,185
512,826
528 740
14 8orrowlng8
Bank loans measured at amortised cost consist of the mortgage which falls due for repayment as
follows..
2024
2023
In less than one year
In to five years
In more than five years
28,524
114,094
364 583
507 201
22,335
89,341
423 485
535 161
The mortgage is subject to an interest rate of 30/0 per annum over base rate. The mortgage is
repayable over a 19 year period, with monthly repayments of £4,359. The mortgage is secured by
way of a first legal charge provided over the freehold properties.
15 Analy818 of charltable funds
Incomlng
resources
Outgolng
re8ource8
Tran8fers
At31
Dacember
2024
January
2024
Unrestrlcted funds
General fund
{4,593)
Designated fixed assel fund 1,594,363
438,139
{375,677)
(29,854)
<2,1961
32,172
55,673
1,596,681
1589 770
438 139
405 531
1652 354
Restricted Funds
New Home
Crossgate Hope
Creative
Youth
36,872
1,906
428
88
39,294
17,421
{59)
(528)
(113)
18
718
(29,976)
24,258
1,378
315
70
26,021
17,421
29,976
Total funds
1,629,064
455,560
406,249
1678 375
The New Home fund relates to donations and grant funding received towards the building of a
dedicated home for the Church. Upon completion of each stage of the capital work, a transfer is
made from the restricted home fund to the designated fixed asset fund. This transfer reflects that the
18

CROSSGATE CHURCH LTD
NOTES TO FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
terms of the gifts have been met, and the trustees are now able to use the property for the Charity's
general charitable purposes.
The designated fixed asset fund balance carried forward is equal to the book value of fixed assets
less the outstanding mortgage and concessionary loans.
The balance carried forward on the New Home fund relates to donations and grants received to fund
the refurbishment project, which has been spent during 2024.
The Crossgate Hope, Creative and Youth funds relates to capital grant funding. These funds are
reduced by the depreciation charged on such equipment each year.
16 Movament In funds - prevlou8 year
At1
January
2023
Incomlng
re8ource8
Outgolng
r080urce8
Tran8fer8
At31
December
2023
Unre8trlcted fund8
General fund
31,487
Designated fixed asset fund 1,331,922
424,921
{405,564)
129,018)
(55,4371
291,459
(4,593)
1,594,363
1363 409
424 921
434 582
236 022
1589 770
Restrlcted Fund8
New Home
Crossgate Hope
Creative
Youth
262,805
10,177
562
126
273 670
12,116
{9,559)
(7391
(1341
38
(228,490)
(7,532)
36,872
1,906
428
88
236 022
Total fund8
1637 079
437 037
445 052
1629 064
17 Analys18 of net as8et8 betweon funds - prevlous yaars
Unrestrlcted
Funds
Deslgnated fixed
asset funds
Restrlcted
At31
general December
funds
2023
Fund balance8 at 31 December
2023
are represented by:
Tangible fixed assets
I ntangible assets
Current assets
Creditor's falling due within one year
Creditor's falling due after one year
2,129,524
2,658
2,024,137
183
84,385
158,946)
528,740
183
47,749
{36,611)
15,914
36,636
(22,335)
512,826
(4,593
1,594,363
39,294
1,629,064
19

CROSSGATE CHURCH LTD
NOTES TO FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
18 Operating lease commitments
At the reporting end date the Charity had outstanding commitments for future minimum lease
payments under non-cancellable operating leases, which fall due as follows.,
2024
2024
Land and Other Items
Buildings
2023
2023
Land and Other Items
Building8
Within 1 year
Within 2 to 5 years
1,312
328
1,312
1,639
19 Related partle8
During the year the trustees made donations to the Charity totalling £12,23212023', £14,383).
There were no other transactions with related parties during the current or previous year.
20 Reconclllatlon of net movement In fund8 to net ca8h flow from operatlng actlvltle8
2024
2023
Net movement in funds
Depreciation charge
Investment income
Movement in debtors
Movement in creditors
49,311
30,633
17941
5,101
(8,055)
(8,015)
30,099
11,093}
1,851
(86,125)
76,196
21 Taxatlon
As a charity, Crossgate Church Ltd is exempt from lax on income and gains falling within section
505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that
these are applied to its charitable objects. No tax charges have arisen in the Charity.
22 Members, Ilability
Each member of the charitable company undertakes lo contribute to the assets of the company in
the event of it being wound up while he or she is a member, or within one year after he or she
ceases to be a member, such amount as may be required, not exceeding £10 for the debts and
liabilities contracted before he or she ceases to be a member.
20