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← Christ Church Haywards Heath

2023-12-31-accounts

CHRIST CHURCH HAYWARDS HEATH Report and Accounts year ended 31 December 2023

Page 1

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CHRIST CHURCH HAYWARDS HEATH

FOR THE YEAR ENDED 31 DECEMBER 2023

COMPANY INFORMATION

Directors/Trustees
M Field
S Holloway (resigned September 2023)
S Mills
G Nicholls
S Nicholls
N Severs
C Strudwick
I Thomas
M Ventham
R Oliver (appointed January 2024)
Company Secretary S Mills
Church Elders M Field
S Holloway (resigned September 2023)
G Nicholls
S Nicholls
N Severs
C Strudwick
I Thomas
M Ventham
Governing Document Memorandum and Articles of Association dated 5 May 2022
Company Registration Number 06459931
Charity Registration Number 1122949
Registered Office Christ Church
New England Road
Haywards Heath
West Sussex
RH16 3LE.
Independent Examiner Archie McDowall BA CA
Stewardship
1 Lamb's Passage
LONDON
EC1Y 8AB
Bankers HSBC Bank plc

CONTENTS

Page
Company Information 3
Directors Report 4-9
Statement of Directors Responsibilities 10
Independent Examiner's Report 11
Statement of Financial Activities 12
Balance Sheet 13
Notes to the Accounts 14-22
Detailed Statement of Financial Activities 23

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CHRIST CHURCH HAYWARDS HEATH Directors Report FOR THE YEAR ENDED 31 DECEMBER 2023

1 STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, The Memorandum and Articles of Association (MEMARTS), and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Organisation and Management

The charity is the legal entity managing the assets of the church organisation known as Christ Church Haywards Heath. The overall responsibility for the activities of the Church rest with the church elders who are also Trustees of the charity. The trustees will as far as possible conduct the business of the Charity in accordance with the decisions taken by the Church and in accordance with the decision-making process outlined in the Church’s Handbook whilst complying with all company and charity law requirements.

Recruitment and appointment of new trustees

Once appointed at an AGM, the term of office of a trustee shall continue until he/she retires or is removed in accordance with the relevant provisions of the articles.

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CHRIST CHURCH HAYWARDS HEATH Directors Report FOR THE YEAR ENDED 31 DECEMBER 2023

2 OBJECTIVES AND ACTIVITIES

Objectives

The Charity's objects are fully detailed in the MEMARTS but in summary they are:

(1)to advance and practise the Christian faith in accordance with the Statement of Beliefs in Haywards Heath and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit; and

(2)such other charitable purposes as shall, in the opinion of the trustees, put into practice the Christian faith in accordance with the Statement of Beliefs, including but not limited to: the relief of sickness, distress and financial hardship and the promotion and preservation of good health by the provision of funds, goods or services of any kind, including through the provision of counselling, education and support and by the promotion of spiritual and physical well-being in the said location and in such other parts of the United Kingdom or the world as the trustees from time to time may think fit.

Activities

The principal activities of the Charity are

(1) to run a local Church in line with the teaching of Jesus Christ as recorded in the Bible, the membership of which is open to all Christians who subscribe to the statement of faith

(2) to provide support and pastoral care for Church members

(3) to run clubs and activities across a variety of age ranges that are open to the wider community and which seek to share the teaching of Jesus Christ

(4) to support a number of missionaries and organisations seeking to promote the Christian faith in the UK and overseas

(5) to provide community based activities and support, particularly to those in the community who may be in need due to isolation, poverty or vulnerability.

Statement of Beliefs

(1) God

There is one God, who exists eternally in three distinct but equal persons: the Father, the Son and the Holy Spirit. God is unchangeable in his holiness, justice, wisdom and love. He is the almighty Creator, Saviour and Judge, who sustains and governs all things according to his sovereign will for his own glory.

(2) The Bible

God has revealed himself in the Bible, which consists of the Old and New Testaments alone. Every word was inspired by God through human authors, so that the Bible as originally given is in its entirety the Word of God, without error and fully reliable in fact and doctrine. The Bible alone is the complete, final, sufficient and authoritative revelation of God’s will for mankind and for the belief and conduct of the Church and of the individual believer.

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CHRIST CHURCH HAYWARDS HEATH Directors Report FOR THE YEAR ENDED 31 DECEMBER 2023

(3) The Human Race

All men and women, being created male and female in the image of God, have inherent and equal dignity and worth. Their greatest purpose is to obey, worship and love God. As a result of the fall of our first parents, every aspect of human nature has been corrupted and all men and women are without spiritual life, guilty sinners and hostile to God. Every person is therefore under the just condemnation of God and needs to be born again, forgiven and reconciled to God in order to know and please him.

(4) The Lord Jesus Christ

The Lord Jesus Christ is fully God and fully man. He was conceived by the Holy Spirit, born of a virgin, and lived a sinless life in obedience to the Father. He taught with authority and all his words are trustworthy. On the cross he died in the place of sinners, bearing God’s punishment for their sin, redeeming them by his blood. He rose from the dead and in his resurrection body ascended into heaven, where he is exalted as Lord of all. He intercedes for his people in the presence of the Father.

(5) Salvation

Salvation is entirely a work of God’s grace and cannot be earned or deserved. God in love chose his people before the world began so that they might be conformed to the image of his Son and receive all the blessings of eternal life. Salvation has been accomplished by the Lord Jesus Christ and is offered to all in the gospel. Those whom the Father chose are given new life through the Spirit, who convicts them of their sin and grants repentance and faith. All who repent of their sins and who believe in Christ are forgiven, justified by faith alone, adopted into the family of God, sanctified, and finally glorified in heaven.

(6) The Holy Spirit

The Holy Spirit has been sent from heaven to glorify the Lord Jesus Christ. He applies Christ’s work of salvation to sinners as he imparts spiritual life and gives a true understanding of the Scriptures. He lives in all believers, bringing assurance of salvation and producing increasing likeness to Christ. It is by his Spirit that Christ builds and sanctifies his Church, equipping and empowering its members to serve him.

(7) The Church

The universal Church is the body of which Christ is the head and to which all who are saved belong. It is made visible in local churches, which are congregations of believers who are committed to each other for the teaching of the Word, for fellowship, for the Lord’s Supper and for prayer. To local churches is committed the defence and proclamation of the gospel, the recognition and use of Christ’s gifts, and the care and discipline of the people of God. The unity of the body of Christ is expressed within and between local churches by mutual love, respect, care and encouragement.

(8) Baptism and the Lord’s Supper

Baptism and the Lord’s Supper have been given by Christ as visible signs of the gospel. Baptism is a sign of union with Christ and of entry into his Church. It does not impart spiritual life or wash away sin but symbolises the cleansing that is received by faith alone. The Lord’s Supper is a commemoration of Christ’s sacrifice offered once for all and a sign of continued union with him and with his Church. Its benefits are received by faith.

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CHRIST CHURCH HAYWARDS HEATH Directors Report FOR THE YEAR ENDED 31 DECEMBER 2023

(9) The Future

The Lord Jesus Christ will return in glory. He will raise the dead and judge the world in righteousness. The wicked will be sent to eternal punishment and the righteous will be welcomed into a life of eternal joy in fellowship with God. God will make all things new and will be glorified forever.

(10) Marriage

Sexual intimacy is a gift from God and is to be enjoyed exclusively within the context of marriage. Marriage is, by definition, heterosexual and between one man and one woman. Marriage ultimately serves as a type of the union between Christ and his Church.

3 ACHIEVEMENT AND PERFORMANCE

We are grateful for growth in the church, strong attendance on Sunday and midweek meetings and a commitment to serve in church ministries and in the community. Overall, the membership grew during 2023 – at one point touching 180 – although a few families moved away without resigning their membership until after the end of the year. Our Grace Advocacy team continues to provide practical help and support to local people to ensure they get the right assistance from government and other agencies. This has a reputation as a trusted service which continues to receive referrals from social prescribers working with local GP practices. Our Welfare Fund continues to provide targeted financial support to relieve particular needs among church members.

We continue to be amazed by the continued generosity of our members even in the context of severe financial challenges which have been present for several years, including giving for the Welfare Fund and Mission. We received additional part-funding (from Word Partners) in relation to Aeron Caldeo, a Church pastor from the Philippines, who completed theological and practical training which concluded in the summer. Aeron and his family have returned to the Philippines and we are working with partners in the region to help them settle into their new ministry. Our regular donations were maintained at a similar level to 2022. We had budgeted for higher expenses and greater giving to match it, but in the end a temporary reduction in staffing and other cost savings – together with generous giving on a gift day – meant an operating surplus of around £3600 for 2023.

An Elder/Trustee of the church left to become pastor of a local evangelical church following a secondment during most of 2023. While he remained a Trustee of Christ Church during the secondment, he has now resigned that role. We identified the need for a new non-Elder Trustee with no financial or family connection to paid elders and an appointment was made in January 2024. As of that date we have seven Elder/Trustees and two non-Elder Trustees. We are grateful to our God who works through all things for his glory and has certainly helped us throughout the year.

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CHRIST CHURCH HAYWARDS HEATH Directors Report FOR THE YEAR ENDED 31 DECEMBER 2023

4 FINANCIAL REVIEW

Early in 2023, we received the final instalment of a legacy from Edie Robertson and a legacy from Marjorie Nicholls. We then invested £330,000 of our accumulated reserves in four interest bearing accounts. With the rise in interest rates, we anticipate this generating some £11,000 in a full year. It also means our funds are fully covered by the Financial Services Compensation Scheme. At the beginning of the year our forecast was for a small surplus of around £4,000. However, our costs overall were lower as we did not have a full-time administrator this despite a higher than expected level of running costs (around £4,000). With our income remaining much the same as 2022, we were forecasting an operating loss of around £8,000 as we approached the end of the year. Generous giving on a special gift day In November more than covered that and we finished the year with a small operating surplus of £3,600. We did spend just over £6,000 exploring building expansion and searching for alternative church premises. This did not impact our operating expenses as this was funded from long term reserves as was our community expenditure in Grace Advocacy and Hope into Action. (£2,600).

Over the past few years, the annual Explore 814 running costs have exceeded income which has been historically underwritten by CCHH. Following generous donations on a fundraising gift day run simultaneously with sister churches and an anonymous donor who matched the gift day income, there is a now a reserve fund of some £18,000 as at the end of 2023. This will cover operating losses for 814 camps for the next few years. The Explore 814 operating loss for 2023, was around £3,000.

At the end of 2023, our operating cash reserves were £91,662. Our legacy fund reserves were £259,302. The P&L and balance sheet reflect a significant revaluation (£125k) of the property - 49 New England Road.

5 RELATED PARTIES

One of the trustees is a trustee for Mayflower Playgroup which operates a playgroup using the Church premises and pays rent to the Church. The spouse of another Trustee is employed by Mayflower Playgroup.

6 RISK MANAGEMENT

Over this period the Trustees have considered the risks to which the charity is exposed and believe they have put appropriate controls in place to provide reasonable assurance against fraud, loss and error. In particular

• Training for staff and volunteers such as child and vulnerable adult protection, health and safety, food hygiene and first aid to ensure safe working conditions and the safety of the public using the facilities of the church building.

• There is a financial plan which is regularly discussed and agreed by the Trustees. In addition, significant expenditure outside the budget (typically, over £5,000) will be discussed and agreed separately by the church members or finance team.

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CHRIST CHURCH HAYWARDS HEATH Directors Report FOR THE YEAR ENDED 31 DECEMBER 2023

7 RESERVES POLICY

The trustees have adopted a formal Reserves Policy. In summary this policy requires the Trustees to seek to hold reserves sufficient to cover

  1. Designated reserves - Investment in land and property strategic to the Church’s activities and income

  2. Specific reserves – reserves that may be needed from time to time to fund specific large expenditure

  3. General reserves – reserves held against day to day operational risks, in particular to provide a period of 12-18 months for the Trustees to seek to replace a material loss of income before a significant rationalisation plan would need to be implemented. General reserves would normally be expected to cover around 3-6 months of regular underlying expenditure for this purpose.

The Church's reserves are currently above the target range set by the Trustees following some significant legacy income. The Trustees will be considering how to respond to this situation in 2024.

8 PRINCIPAL FUNDING SOURCES

The principal funding sources are:

o From the house adjacent to the church building (49 New England Road) o From Mayflower Playgroup use of the church building.

9 PUBLIC BENEFIT

The trustees have complied with the duty in section 4 of the 2006 Charities Act to have due regard to guidance published by the Charity Commission in respect of public benefit.

10 POST BALANCE SHEET EVENTS

None

11 CONCLUSIONS

We are grateful that the church continued to grow in 2023 both numerically and spiritually, and we welcomed new members across all age groups. Our various children and families' ministries, ministries to internationals and also to seniors in our community continue to run a full schedule of meetings and we continue to serve old friends and new. Our Grace Advocacy team has established itself as a reliable provider of practical help which has won the confidence of local health and social care professionals.

Our verse for the year from Psalm 121 encourages us to look to God for our help in all circumstances. As well as an encouragement to us it reminds us that Jesus is the answer to the needs of people all around us who do not know him. If you want to find out more about what we believe and why we have such confidence in our hope then we welcome all to our Sunday services and you can get in touch with us through our website at www.cchh.org.uk.

CJStrudwick CJStrudwick (Sep 25, 2024 16:27 GMT+1)

Colin Strudwick, On behalf of the Elders and Trustees, . Sep 25, 2024

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CHRIST CHURCH HAYWARDS HEATH Directors Statement of responsbilities FOR THE YEAR ENDED 31 DECEMBER 2023

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).

Company 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 charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the 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 judgements and estimates that are reasonable and prudent;

  4. state whether the applicable accounting standards have been followed, subject to any

material departures disclosed and explained in the financial statements; and

  1. prepare the financial statements on a going concern basis unless it is inappropriate to

presume that the charity will continue in operation.

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

Page 10

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

CHRIST CHURCH HAYWARDS HEATH ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023 on pages 12 to 12 following, which have been prepared on the basis of the accounting policies set out on pages 14 to 16.

Responsibilities and basis of report

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

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

Independent examiner’s statement

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 I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants of Scotland, which is one of the listed bodies.

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

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

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

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

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

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

Archie McDowall

Archie McDowall (Sep 25, 2024 16:42 GMT+1) Archie McDowall, BA CA Institute of Chartered Accountants of Scotland

Sep 25, 2024

For and on behalf of: Stewardship 1 Lamb's Passage London

Page 11

CHRIST CHURCH HAYWARDS HEATH

Statement of Financial Activities

FOR THE YEAR ENDED 31 DECEMBER 2023

Summary Income and Expenditure Account

Note
Income and endowments from:
Donations and legacies
2a
Investments
2b
Charitable activities
2c
Total Income and endowments
Expenditure on
Charitable activities
3
Total expenditure
Net income/(expenditure)before investment gains
Net gains on investments
7
Net income/(expenditure)
Transfers between funds
12
Fund balances at 1 January
Fund balances at 31 December		 Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
2023
2022
£
£
£
£
269,600
58,584
328,184
424,636
28,941
-
28,941
18,647
29,338
-
29,338
21,501
327,879
58,584
386,463
464,784
307,791
41,036
348,827
311,797
307,791
41,036
348,827
311,797
20,088
17,548
37,636
152,986
125,000
125,000
-
145,088
17,548
162,636
152,986
12,007
12,007
-
-
1,355,700
20,027
1,375,726
1,222,740
1,512,796
25,567
1,538,363
1,375,726

Movements on reserves and all recognised gains and losses are shown above.

The notes on page 14-22 form part of these accounts.

Page 12

CHRIST CHURCH HAYWARDS HEATH

BALANCE SHEET

AS AT 31 DECEMBER 2023

Note
FIXED ASSETS
Tangible assets
6
Investments
7
CURRENT ASSETS
Debtors
8
Cash at bank
9
CURRENT LIABILITIES
Liabilities falling due within one year
10
Net Current Assets
Liabilities falling due after one year
11
NET ASSETS
FUND BALANCES
12
Unrestricted funds
General Funds
Restricted Funds		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2023
2022
£
£
£
£
735,016
-
735,016
755,212
425,000
-
425,000
300,000
1,160,016
-
1,160,016
1,055,212
12,190
-
12,190
8,643
346,811
25,567
372,378
324,661
359,001
25,567
384,568
333,304
6,221
-
6,221
12,789
352,780
25,567
378,347
320,514
-
-
-
-
1,512,796
25,567
1,538,363
1,375,726
1,512,796
-
1,512,796
1,355,699
-
25,567
25,567
20,027
1,512,796
25,567
1,538,363
1,375,726

For the year ended 31 December 2023, the company was entitled to the exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

Responsibilities of directors/trustees:

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Directors and signed on their behalf on the

Sep 25, 2024

by:

CJStrudwick CJStrudwick (Sep 25, 2024 16:27 GMT+1) --------------------------------------C Strudwick Company number: 06459931 Charity number: 1122949

The notes on page 14-22 form part of these accounts.

Page 13

CHRIST CHURCH HAYWARDS HEATH

Notes to the Accounts

FOR THE YEAR ENDED 31 DECEMBER 2023

1a Statutory Information

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

1b Accounting Policies

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

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

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

a) Going concern

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

b) Income

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

Income from donations includes:

Investment income represents income generated by the charity's assets and includes income from letting the charity's property and bank interest.

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CHRIST CHURCH HAYWARDS HEATH

Notes to the Accounts

FOR THE YEAR ENDED 31 DECEMBER 2023

c) Expenditure

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

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

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

d) Fund accounting

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

e) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £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:

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

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

f) Investments

Fixed asset investments are held to generate income and / or for their investment potential. Current asset investments are investments that are held specifically for sale or are investments that the charity expects to sell by the next balance sheet date. Investments are valued as follows:

i) Investment property is valued at its market value (fair value) at the balance sheet date.

g) Pension scheme arrangements

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

h) 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.

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CHRIST CHURCH HAYWARDS HEATH

Notes to the Accounts

FOR THE YEAR ENDED 31 DECEMBER 2023

j) Foreign currency translation

All differences arising from the application of the above policy are charged (or credited) to the Statement of Financial Activities.

The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

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CHRIST CHURCH HAYWARDS HEATH

Notes to the Accounts FOR THE YEAR ENDED 31 DECEMBER 2023

2a
Donations and legacies
General donations
Note 2a
Grants received
Legacies
Tax recoverable
2b
Income from Investments
Note 2b
Interest Received
Rental Income
2c
Income from Charitable activities
Note 2c
Income from Children's activities and camps
Other income
3
Expenditure on charitable activities
Note 3
a
Direct Charitable Costs
Employment costs - ministry staff
Note 5
Accommodation costs
Note 5
Church premises costs (incl depreciation)
Other ministry costs
Outreach
Youth and children's groups including camps
Grants payable
Note 4
Welfare payments
Other charitable costs		 Total
Total
2023
2022
232,580
182,117
8,952
20,690
44,209
185,000
42,442
36,829
328,184
424,636
7,819
256
21,123
18,390
28,941
18,647
26,685
19,920
2,652
1,581
29,338
21,501
Total
Total
2023
2022
£
£
83,364
78,678
43,243
40,459
58,876
54,418
16,265
17,848
5,591
1,885
31,297
22,297
40,724
30,364
7,880
3,355
2,676
2,902
289,917
252,205

Page 17

CHRIST CHURCH HAYWARDS HEATH

Notes to the Accounts FOR THE YEAR ENDED 31 DECEMBER 2023

Notes to the Accounts
FOR THE YEAR ENDED 31 DECEMBER 2023
b
Support & Administration
Employment costs - administrative staff
Note 5
Church office costs
Investment Property Costs
Subscriptions
Computer & PA expenses
Bank Fees
Professional Fees
Accounts and examination
Other costs
Total expenditure on charitable activities
4
Grants
Missionary support - institutions
Missionary support - individuals		 26,348
37,315
5,912
5,816
5,601
2,192
3,420
3,133
4,678
4,735
319
176
6,475
1,230
1,740
2,120
4,417
2,877
58,910
59,593
348,827
311,797
Total
Total
2023
2022
£
£
19,857
16,196
20,867
14,167
40,724
30,364

The Church supports missionaries in the UK and internationally. Where a particular missionary has been supported by the church for a number of years, strict compliance with the Charities' Statement of Recommended Practice (SORP) may regard some arrangements as constituting constructive obligations such that future years' support is accounted for in these accounts as a liability. Whilst the support has no final end date in some cases, the church officers assess missionary funding on an annual basis and are confident that the missionaries would not view their support as an open ended obligation by the church.

Grants of more than £1,000 paid to institutions were: Unrestricted Restricted Total Total
Funds Funds 2023 2022
£ £
4H 1,200 - 1,200 1,051
Sussex Gospel Partnership 1,324 - 1,324 1,073
Grace Advocacy - 2,400 2,400 2,460
Eldoret Baptist Church - 11,488 11,488
Africa Inland Mission 2,000 2,000
Dnipropetrovs'k Regional Association of Ukrainian Pentecostal Church 945 945 10,881

Page 18

CHRIST CHURCH HAYWARDS HEATH

Notes to the Accounts FOR THE YEAR ENDED 31 DECEMBER 2023

5 Staff, Trustees and key management personnel

s and key management personnel
Gross wages, salaries & benefits in kind
Employer's National Insurance costs
Total staff costs		 2023
2022
£
£
108,469
114,252
1,242
1,741
109,712
115,993

The charity has 3.6 full time equivalent employed staff (2022: 5). Its activities are generally carried out by volunteers.

The Trustees and Company Secretary are regarded as key management personnel.

Mr G Nicholls received a salary of £15,480 (£14,510 in 2022) in his role as church pastor, and not as Trustee. He also received £3,538 employer's pension contributions (£3,407 for 2022) and £1,065 (£1,123 in 2022) for reimbursed expenses in his role as church pastor. He was also paid £19,510 (£18,494 in 2022) for accommodation related costs in making his home available as a manse. These payments are permitted in our governing document.

Mr M Ventham was paid £19,350 (£18,000 for 2022) in his role as church pastor, and not in his capacity as Trustee. He also received £4,468 employer's pension contributions (£4,156 for 2022) and reimbursed expenses of £1,566 (£681 in 2022) in his role as church pastor. He was also paid £23,733 (£21,964 in 2022) for accommodation related costs in making his home available as a manse. These payments are permitted in our governing document.

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

No other remuneration was paid to any trustee or the Company Secretary during the year nor to any person connected to them.

The total donations made by Trustees and connected persons during 2023 were £25,430 (£18,215 in 2022).

No fees were paid to Stewardship during 2023 or 2022 other than for the independent examination of the accounts.

6 Tangible Fixed Assets

Cost
At 1 January 2023
Additions
At 31 December 2023
Accumulated Depreciation
At 1 January 2023
Charge for the year
At 31 December 2023
Net book value
At 31 December 2023
At 1 January 2023		 Furniture, fixtures
& fittings
Freehold -
Church
property
£
£
50,854
1,047,850
-
-
50,854
1,047,850
50,854
292,638
-
20,196
50,854
312,834
-
735,016
-
755,212		 Total
2023
£
1,098,704
-
1,098,704
343,492
20,196
363,688
735,016
755,212

The building known as Christ Church Haywards Heath was transferred from the Fellowship of Independent Evangelical Churches on 13 July 2009 and is included in the accounts at a value of £629,520 based on a valuation in January 2023.

Page 19

CHRIST CHURCH HAYWARDS HEATH

Notes to the Accounts FOR THE YEAR ENDED 31 DECEMBER 2023

7 Investments

Investments
Investments at market value:
At 1 January 2023
Revaluation in 2023
Note 7
At 31 December 2023
Historical cost of investment.		 2023
2022
£
£
300,000
300,000
125,000
-
425,000
300,000
248,000
248,000

The above investment is a freehold residential property at 49 New England Road. The property has been professionally valued, and is included in the accounts at valuation in 2023 less estimated sales costs.

the accounts at valuation in 2023 less estimated sales costs.
8
Debtors and Prepayments
Tax recoverable (Gift Aid)
Prepayments
Deferred grants receivable
Other debtors
9
Cash at Bank and in Hand
Bank operating accounts
Bank deposits
Petty cash
10
Creditors: liabilities falling due within one year
Other creditors
PAYE and national insurance
Provision for committed costs
Accruals		 Total
Total
2023
2022
£
£
9,318
7,668
0
-
0
-
2,872
974
12,190
8,643
36,561
82,543
335,657
241,912
161
206
372,378
324,661
3,545
3,250
996
998
0
4,638
1,680
3,903
6,221
12,789

None

Page 20

12 Funds

CHRIST CHURCH HAYWARDS HEATH

Notes to the Accounts FOR THE YEAR ENDED 31 DECEMBER 2023

Note 12

The restricted funds represent amounts received for specific purposes and the movements in the year are as follows:

Welfare fund
Community Fund
Overseas Ministry Training Fund
Explore 814 Reserve fund
Other restricted funds
Mission Gift day fund		 Opening
Incoming
Outgoing
Transfers
Closing
balance
resources
resources
in the year
balance
£
£
£
£
£
6,371
9,150
(7,880)
-
7,641
1,565
(2,643)
1,078
-
11,091
8,952
(6,978)
13,066
-
-
-
20,929
(3,002)
17,926
11,788
(11,788)
-
-
1,000
7,765
(8,745)
20
-
-
20,027.00
58,584
(41,036)
(12,007)
25,567

Welfare fund

This fund is for providing welfare related payments to Church members facing financial hardship.

Community Fund This fund is for providing help and assistance in the local community and befriending those in need.

Overseas Ministry Training fund

This fund is to provide support for a missionary to be trained by Christ Church. The £13,066 transferred out of this fund represents part of the amount transferred into this fund from general reserves in prior years.

Explore 814 reserve fund This fund is to cover any overspend on Explore 814 camps over the next few years.

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

Restricted funds
Welfare fund
Community Fund
Overseas Ministry Training Fund
Mission Gift Day fund
Explore 814 Reserve fund
Unrestricted funds
General funds		 Fixed assets
Bank & cash
Other net
Total
& investments
balances
assets
£
£
£
£
-
7,641
-
7,641
-
-
-
-
-
-
-
-
-
-
-
17,926
17,926
1,160,016
346,811
5,969
1,512,796
1,160,016
372,378
5,969
1,538,363

The assets and liabilities represented by the various funds in 2022 were

Restricted funds
Welfare fund
Community Fund
Overseas Ministry Training Fund
Mission Day Gift Fund
Unrestricted funds
General funds		 Fixed assets
Bank & cash
Other net
Total
& investments
balances
assets
£
£
£
£
-
6,371
-
6,371.00
-
1,565
-
1,565.00
-
11,091
11,091.00
1,000
1,000.00
-
-
1,055,212
304,634
(4,147)
1,355,699
1,055,212
324,661
(4,147)
1,375,726

Page 21

CHRIST CHURCH HAYWARDS HEATH

Notes to the Accounts FOR THE YEAR ENDED 31 DECEMBER 2023

13 Related Party Transactions

Except as disclosed in Note 5 'Staff, Trustees and key management', there have been no other transactions with related parties during the year.

14 Events since the year end None

15 Members

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

Page 22

CHRIST CHURCH HAYWARDS HEATH

Detailed Statement of Financial Activities with Comparatives

FOR THE YEAR ENDED 31 DECEMBER 2023

Note
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Investments
Charitable activities
Total income and endowments
EXPENDITURE ON
Charitable activities
3
Raising funds
4
Total expenditure
Net gains on investments
Net Income /expenditure
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Net income/(expenditure) before
investment gains		 Total
Total
Funds
Funds
2023
2022
2023
2022
2023
2022
£
£
£
£
£
£
269,600
386,700
58,584
37,937
328,184
424,636
28,941
18,647
0
0
28,941
18,647
29,338
21,501
0
0
29,338
21,501
327,879
426,847
58,584
37,937
386,463
464,783
Unrestricted Funds - General
Restricted Funds
307,791
280,282
41,036
31,515
348,827
311,797
0
0
0
0
0
0
307,791
280,282
41,036
31,515
348,827
311,797
20,088
146,565
17,548
6,422
37,636
152,986
125,000
0
0
125,000
145,088
146,565
17,548
6,422
162,636
152,986
12,007
(12,007)
0
0
157,096
146,565
5,540
6,422
162,636
152,986
157,096
146,565
5,540
6,422
162,636
152,986
1,355,700
1,209,135
20,027
13,605
1,375,727
1,222,740
1,512,796
1,355,700
25,567
20,027
1,538,363
1,375,726

Movements on reserves and all recognised gains and losses are shown above.

Page 23