**Charity Registration No. 1123028**
**Company Registration No. 06492621 (England and Wales)**
**BILLINGSHURST FAMILY CHURCH** (LIMITED BY GUARANTEE)
## **DIRECTORS' REPORT AND ACCOUNTS**
**FOR THE YEAR ENDED 31 MARCH 2024**
## **BILLINGSHURST FAMILY CHURCH**
## **CONTENTS**
||Page|
|---|---|
|Legal and administrative information|1|
|Trustees' report|2 - 4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the accounts|8 - 12|
## **Billingshurst Family Church (A Company limited by guarantee)**
**Legal and Administrative Information Charity Number** 1123028 **Company Registration Number** 06492621 **Date of Incorporation** 4th February 2008 **Start of Financial Year** 1st April 2023 **End of Financial Year** 31st March 2024 **Trustees/Directors** Mrs Rachel Brown (Company Secretary) Mr John Fraher (Resigned 28th January 2024) Mr Craig Gale Mr William Richards Mr Andrew Newby Miss Ruth Feaver Mrs Helen Elphick **Company Secretary** Mrs Rachel Brown **Governing Document** Memorandum & Articles of Association Incorporated 4th February 2008
## **Objects:**
A) To advance the Christian faith in accordance with the statement of faith in such ways in Billingshurst and the surrounding villages and in such other parts of the United Kingdom and the world as the directors from time to time may think fit.
B) 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 Billingshurst and the surrounding villages and in such other parts of the United Kingdom or the world as the directors from time to time may think fit.
C) To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life in Billingshurst and the surrounding villages and in such other parts of the United Kingdom and the world as the directors may from time to time think fit.
## **Principal Address & Registered Office**
## **Bankers**
## **Independent Examiner**
Billingshurst Centre Roman Way Billingshurst West Sussex RH14 9QW CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Mailing Kent ME19 4JQ Michael Homer AFA MIPA MCH Accountants Ltd 68 Charlton Road Andover Hampshire SP10 3JN
1
## **Billingshurst Family Church (A Company Limited By Guarantee)**
## **Report of the Directors For the Year Ended 31 March 2024**
The trustees (who are also the directors) are pleased to present their annual report and accounts for the year ended 31 March 2024. The accounts have been prepared in accordance with the accounting policies set out in note 2 to the accounts and comply with the charity’s Memorandum and Articles of Association, the Companies Act 2006 and the Statement of Recommended Practice, Charities SORP (FRS102).
## **OBJECTIVES**
In shaping our objectives for the year and planning our activities, the Directors have considered the Charity Commission’s guidance on public benefit.
## **REVIEW OF ACTIVITIES AND ACHIEVEMENTS**
Weekly meetings are held every Sunday morning at the Billingshurst Community and Conference Centre for worship and the preaching of God’s word. Our weekly Sunday attendance is averaging approximately 120 . The church has returned to all our regular activities following Covid:
- Weekly and monthly prayer meetings
-
Monthly ‘Going Deeper’ sessions with teaching and discussion on a range of topics impacting Christians today
- Weekly Lifegroups where Church members meet in small gatherings, usually, 8 – 12 in number. These meetings include worship, fellowship, prayer, and bible study.
- The Leadership structure is made up of a team of 3 Elders, supported by a ministry leaders team and a pastoral leaders team(each meets on alternate months).
- Children’s work is undertaken primarily on a Sunday and offers opportunity for teaching of children up to the age of 11 years.
- Six times a year the Sunday morning session for 5-11 year olds is promoted across the village as ‘Supercharged’ and many non-church children are attending
- Youth work is provided under the name of Ignite and meets regularly on a Friday evening and on a Sunday morning. They also attend an annual “Newday” youth event in East Anglia.
- We operate BFC Toddlers on Monday mornings during term time for parents and toddlers within the wider Billingshurst community, which is well attended. BFC Toddlers is regularly recommended to new families in the village, often by members of the community who are not part of our church.
- We support the annual village show in June, participating in the parade and providing activities at the showground, which raises money for the local Scout and Guide groups and charities supported by the Rotary Club.
- Evangelistic events are held during the year including an “Alpha Course” for non-Christians to discuss and find out more about Christianity. We also hold our annual Christmas Carol celebration.
- We are part of and support in both financial and practical terms, the work of Commission, which is a group of international churches stretching across mainly the South of England in the UK, India, Spain, Portugal and other nations. Commission churches work closely together to make disciples, reach the nations and transform communities. Commission also provides valuable training and support for our Elders and Leaders.
- Some Church members have been trained to be CAP Money Coaches. The CAP Money Course is a course devised by the award winning debt counselling charity, Christians Against Poverty (CAP). As a result BFC has run a number of courses for both members and the community in general, as well as helping students and school age children.
- - We support Thirtyone:Eight (formally CCPAS) in their work protecting children from abuse and The Oasis Crisis Pregnancy Centre providing support to women, and their partners, who are facing an unintended pregnancy or pregnancy loss.
- BFC provides prayer support for Street Pastors which is an interdenominational Church response to urban problems engaging with people on the streets by caring, listening and helping.
- - We operate our ‘BFC Social Action’ ministry, to promote and develop the work of the church and its members as we support communities outside Billingshurst.
2
## **Billingshurst Family Church (A Company Limited By Guarantee)**
## **Report of the Directors For the Year Ended 31 March 2024**
## **FINANCIAL REVIEW**
The Statement of Financial activities is set out on page 6
## Principal Funding Sources
The Charity does not undertake any fundraising from outside sources and all monies are raised from Church members. During the last financial year the Church showed a financial surplus of £19, 967
## Reserves
The regular monthly income remains sufficient to cover the general day to day operational costs with the General Funds accumulated providing approximately three months coverage of expenditure should there be a sudden decline in income. The Trustees have agreed a policy of holding a minimum of three months unrestricted funds which is considered adequate and appropriate for the Charity’s activities.
## Investment Policy
The Charity’s liquid funds are held in cash at CAF Bank and the Charity’s policy is to continue with this arrangement with surplus funds over and above day to day requirements held on interest bearing accounts. During this year the Building Fund was closed, and the balance of funds was transferred to a newly opened Future Fund (with the agreement of those who had previously donated). This is to allow greater flexibility in the allocation of these funds. The 90 Day Savings Account was also closed due to continued poor return and moved to the Future Fund.
## Risks
The Directors have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure. Written Policy statements are in place covering:-
- Reserves
- Investment
- Expenses
- Safeguarding
- Conflicts of Interest
- Complaints
It also follows the Commission – Travel Risk Management Policy.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## Governing Document
The Charity is a Company Limited by Guarantee and incorporated 4 February 2008 and registered as a charity 29 February 2008. The Company was established under Memorandum and Articles of Association which established the objects and powers of the charitable company and how it is governed. In the event of the company being wound up members are required to contribute an amount not exceeding £1.
## Structure and Management
The spiritual leadership and governance of Billingshurst Family Church (BFC) for the purposes of which the charity has been established is a three man Eldership Team, one of whom is a full time employee. They are supported by a part time Treasurer and a part time Administrator. There is also an established Leadership structure with the development of a ministry leaders team and a pastoral leaders team.
3
## **Billingshurst Family Church (A Company Limited By Guarantee)**
## **Report of the Directors For the Year Ended 31 March 2024**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
The Charity operates under the name Billingshurst Family Church and uses no other names. It is registered in England at Companies House under number 6492621 and at the Charity Commission under number 1123028. The registered and principal office is Billingshurst Centre, Roman Way, Billingshurst, West Sussex, RH14 9QW.
The Directors and Trustees of the Charity comprise Rachel Brown, Craig Gale, Will Richards, Ruth Feaver, Andrew Newby and Helen Elphick. John Fraher stepped down during the financial year. When considering the appointment of new directors, the Board has regard to the balance of skills and knowledge available.
## **STATEMENT OF DIRECTOR’S RESPONSIBILITIES**
Company law requires the directors to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the charity, incoming resources and the application of resources including the income and expenditure of the charitable company during the period. In preparing those financial statements the directors are required to:
- (i) Select suitable accounting policies and then apply them consistently,
- (ii) Observe methods and principles in the Charities SORP,
- (iii) Make judgements and estimates that are reasonable and prudent,
- (iv) Prepare financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions relating to small companies within part 15 of the Companies Act 2006.
Approved by the Directors on the
Signed on their behalf by Mrs R Brown, Chair of Trustees
4
## **Billingshurst Family Church**
## **Independent Examiner's Report**
## **To the Members of Billingshurst Family Church**
I report to the charity trustees on my examination of the accounts of the Charitable Company for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the trustees of the Charitable 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 Charitable 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**
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements:
- accounting records were not kept in respect of the Charitable Company as required by section 386 of the 2006 Act; or
- the accounts do not accord with those records; or
- 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
- 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.
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.
## **Mr Michael Homer AFA MIPA**
Independent Examiner for and on behalf of MCH Accountants Ltd 68 Charlton Road Andover Hampshire SP10 3JN
Dated: _**18/11/2024**_
5
## **Billingshurst Family Church (A Company Limited by Guarantee)**
**Statement of Financial Activities for the year ended 31st March 2024 (Including income and expenditure account)**
|**Notes**
**Income from:**
Donations and gifts
**4a**
Charitable Activities
**4b**
Investment Income
**4c**
Other Income
**4d**
**Total Income**
**Expenditure on:**
Charitable Activities
**5**
**Total Expenditure**
**Net Income/(Expenditure) before transfers**
Gross transfers between funds
Net incoming/(outgoing) resources for the year
Total Funds at 1 April 2023
**Total Funds at 31 March 2024**|**General**
**Designated**
**£**
**£**
160,559
-
3,608
-
949
-
227
-
165,343
-
149,561
-
149,561
-
15,782
-
(8,250)
12,916
7,532
12,916
59,755
-
67,287
12,916
**Unrestricted Funds**|**£**
18,002
-
295
-
18,297
14,112
14,112
4,185
(4,666)
(481)
8,553
8,072
**Restricted**
**Funds**|**Total**
**2024**
**£**
**178,561**
**3,608**
**1,244**
**227**
**183,640**
**163,673**
**163,673**
19,967
**-**
**19,967**
**68,308**
**88,275**|Total
2023
**£**
148,639
8,005
373
292|
|---|---|---|---|---|
|||||157,309|
|||||158,543|
|||||158,543|
|||||(1,234)
-|
|||||(1,234)|
|||||69,542|
|||||68,308|
All the church's operations are classed as continuing.
There are no recognised gains or losses other than those reported on the Statement of Financial Activities.
The Statement of Financial Activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
The notes on pages 8 to 12 form part of these financial statements.
6
## **Billingshurst Family Church (A Company Limited by Guarantee)**
## **Balance Sheet as at 31st March 2024**
||**Notes**|**2024**|2023|
|---|---|---|---|
|||**£**|£|
|**Fixed Assets**||||
|Tangible Assets|**6**|**6,200**|5,378|
|**Current Assets:**||||
|Debtors and Prepayments|**7**|**9,044**|9,372|
|Cash at bank and in hand||**76,577**|57,554|
|Total Current Assets||**85,621**|66,926|
|||||
|**Current Liabilities:**||||
|Creditors: amounts falling due within||||
|one year|**8**|**(3,546)**|(3,996)|
|**Net Current Assets**||**82,075**|62,930|
|**Total Net Assets**||**88,275**|68,308|
|||||
|**Income Funds**||||
|Unrestricted Funds|**9**|||
|General Funds||**67,287**|59,755|
|Designated Funds||**12,916**|-|
|Restricted Funds|**10**|**8,072**|8,553|
|**Total Funds**|**11**|**88,275**|68,308|
For the year ending 31st March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## **Directors' Responsibilities**
- a) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
- b) The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and preparation of accounts.
- c) The directors acknowledge their responsibility for ensuring that the company keeps proper accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Act relating to accounts as far as they apply to the company.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Directors on the Signed on their behalf by Director
Rachel Brown
Company number 06492621
7
## **Billingshurst Family Church ( A Company Limited by Guarantee)**
## **Notes to the Financial Statements for the year ended 31st March 2024**
## **Company information**
## **1. Statutory information**
Billingshurst Family Church is a charitable company, limited by guarantee, registered in England and Wales. The charitable company's registered number and registered office address can be found on the Legal and Administrative Information page.
## **2. Accounting Policies**
## **Basis of Preparation**
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 (FRS102) (effective 1 January 2015) - Charities SORP (FRS102) and the Companies Act 2006.
Billingshurst Family Church meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). There are no material uncertainties about Billingshurst Family Church's ability to continue as a going concern.
## **Income**
Income is recorded on the Statement of Financial Activities (SOFA) when it becomes probable the charity will receive the income, the charity becomes entitled to the income and the amount of income due to be received can be measured reliably.
Investment income and gains are allocated to the appropriate fund.
## **Expenditure**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to that category. They include irrecoverable VAT. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of the resources. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
## **Liability Recognition**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the Charity to discharge them.
## **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates to write off the cost less estimated residual value of each asset over its expected useful life as follows:
Equipment 25% reducing balance
Assets costing less than £500 are expended within the SOFA.
## **Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid investments. The Trustees seek to use short and medium term deposits where possible to maximise the return on monies held at the bank and to manage cash flow.
## **Pensions**
The charity offers a defined contribution pension to all eligible staff and, at the Trustees' discretion, to other paid staff. At the year end there were contributions of £599 outstanding (2023: £520).
## **Taxation**
The company is a registered charity (number: 1123028). All activities are undertaken to fulfil the primary objectives of the charity and are therefore exempt under.Part 11 of the Corporation Tax Act 2010
8
## **Billingshurst Family Church ( A Company Limited by Guarantee)**
## **Notes to the Financial Statements for the year ended 31st March 2024 (continued)**
## **2. Accounting Policies (continued)**
## **Critical accounting**
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 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.
The trustees do not consider that there are any critical estimates or areas of judgement that need to be brought to the attention of the readers of the financial statements.
## **Funds**
General funds are unrestricted funds which are available for use at the discretion of the directors in furtherance of the general objectives of the charity and which have not been designated for any other purpose.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **Cash Flow**
Under section 7 of FRS102 in relation to the Cash Flow statement, exemption has been claimed on the basis that Billingshurst Family Church is a small charity.
## **3. Capital Commitments and Contingent Liabilities**
There were no capital commitments or contingent liabilities at 31st March 2024 (2023: none).
|**4. Income**
**a) Voluntary Income**
Gift Aided giving
Gift Aid tax refund
Other giving not gift aided
**b) Charitable Activities**
Youth and Children
Activities and Events
BFC Toddlers
**c) Investment Income**
Bank Interest
**d) Other Income**
Sundry Income
**Total Income**|**Unrestricted**
**Funds**
**£**
97,295
24,131
39,133
160,559
1085
1,020
1,503
3,608
949
227
**165,343**|**Restricted**
**Funds**
**£**
10,741
1,394
5,867
18,002
-
-
-
-
295
-
**18,297**|**Total**
**2024**
**£**
**108,036**
**25,525**
**45,000**
**178,561**
1085
**1,020**
**1,503**
**3,608**
**1,244**
**227**
**183,640**|Total
2023
£
90,989
22,722
34,928|
|---|---|---|---|---|
|||||148,639|
|||||1,195
5,383
1,427|
|||||8,005|
|||||373|
|||||292|
||||||
|||||157,308|
Of the £157,308 total income for the year to 31 March 2023, £145,918 was unrestricted and £11,390 was restricted.
9
## **Billingshurst Family Church ( A Company Limited by Guarantee)**
## **Notes to the Financial Statements for the year ended 31st March 2024 (continued)**
|**5. Expenditure**
**Charitable Activities:**
Activities and Events
Youth and Children
Leadership expenses
Gifts and Offerings
Office & Administration
Salaries
Depreciation
Accountant Fees
**Total Expenditure:**|**Unrestricted**
**Funds**
**£**
7,460
6,063
6,278
17,769
34,061
74,864
2,066
1,000
149,561|**Restricted**
**Funds**
**£**
-
-
-
14,112
-
-
-
-
14,112|**Total**
**2024**
**£**
**7,460**
**6,063**
**6,278**
**31,881**
**34,061**
**74,864**
**2,066**
**1,000**
**163,673**|Total
2023
£
8,232
6,264
5,909
31,963
33,171
70,212
1,792
1,000|
|---|---|---|---|---|
|||||**158,543**|
Of the £158,543 total expenditure for the year to 31 March 2023, £146,302 was unrestricted and £12,241 was restricted.
Support Costs included in the above consist of:
|Salaries
Office and Administration
Governance Costs|24,578
34,051
1,000
59,629|-
-
-
-|**24,578**
**34,051**
**1,000**
**59,629**|22,357
33,171
1,000|
|---|---|---|---|---|
|||||**56,528**|
Governance costs in 2023 and 2024 consist entirely of fees paid to the independent examiner in respect of examination services.
## **6. Tangible Fixed Assets**
|**6. Tangible Fixed Assets**
Cost
1st April 2023
Additions
Disposals
Cost at
31st March 2024
Depreciation
1st April 2023
Charge for year
Depreciation on disposal
Depreciation at
31st March 2024
**Net book value**
**31st March 2024**
Net book value
31st March 2023|**Equipment**
**£**
15,876
2,888
-|
|---|---|
||18,764|
||10,498
2,066
-|
||12,564|
||**6,200**|
||5,378|
|**7. Debtors and Prepayments**
Debtors
Prepayments
**Total**|**2024**
**£**
**6,866**
**2,178**
**9,044**|2023
£
6,230
3,142|
|---|---|---|
|||9,372|
10
## **Billingshurst Family Church ( A Company Limited by Guarantee)**
## **Notes to the Financial Statements for the year ended 31st March 2024 (continued)**
|**8. Creditors and Accruals: amounts due within one year**
Sundry Creditors
Churches Together in Billingshurst
**9. Unrestricted Funds**
**Balance at**
**01-Apr-23**
**Net Income**
**£**
**£**
Designated Funds:
Future Fund
-
-
General Funds
59,755
15,782
**59,755**
**15,782**|**Unrestricted**
**Transfer**
**£**
8,250
(8,250)
**0**|**2024**
**£**
**3,546**
**-**
**3,546**
**Restricted**
**Transfer**
**£**
4,666
-
**4,666**|2023
£
3,410
586|
|---|---|---|---|
||||3,996|
||||**Balance at**
**31-Mar-24**
**£**
**12,916**
**67,287**|
||||**80,203**|
The 90 Day saving account was also closed and the balance of £8250 was transferred into the Future Fund
|**10. Restricted Funds**
Fellowship Fund
Building Fund
Church Planting Fund
Specified Giving|**Balance at**
**01-Apr-23**
**£**
2,693
4,403
1,432
25
**8,553**|**Income**
**£**
10,904
263
32
7,098
**18,297**|**Expenditure**
**£**
6,852
-
-
7,260
**14,111**|**Transfer**
**£**
(615)
(4,666)
-
615
**(4,666)**|**Balance at**
**31-Mar-24**
**£**
**6,130**
**-**
**1,464**
**478**|
|---|---|---|---|---|---|
||||||**8,072**|
During the year, the Building Fund was closed and the balance, with permission from the donors, was transferred to the new designated Future Fund.
The Restricted Funds are wholly represented by the charity's cash reserves.
## **Restricted Funds are held for the following purposes:**
The poor who are experiencing financial hardship within the church and the wider community New church planting. Items held for specified giving,
## **11. Net Assets between Funds**
|Fund balances at 31 March 2024 are represented by:
Fixed Assets
Current Assets
Current Liabilities
Fund balances at 31 March 2023 are represented by:
Fixed Assets
Current Assets
Current Liabilities|Unrestricted
funds
£
6,200
77,549
(3,546)
80,203
Unrestricted
funds
£
5,378
58,373
(3,996)
59,755|Restricted
funds
£
-
8,072
-
8,072
Restricted
funds
£
-
8,553
-
8,553|**Total**
**2024**
**£**
**6,200**
**85,621**
**(3,546)**|
|---|---|---|---|
||||**88,275**|
||||Total
2023
£
5,378
66,926
(3,996)|
||||68,308|
11
**Billingshurst Family Church ( A Company Limited by Guarantee)**
## **Notes to the Financial Statements for the year ended 31st March 2024 (continued)**
## **12. Staff Costs and Emoluments**
The Charity employed three members of staff (2023: three) during the year. The costs were:
|Gross Salaries & Expenses
Employers NIC
Income Protection Insurance
Employers Pension Contributions|**2024**
**£**
**68,992**
**893**
**522**
**4,457**
**74,864**|2023
£
64,840
672
551
4,149|
|---|---|---|
|||70,212|
There are no employees with emoluments over £60,000 (2023: none).
The key management personnel of the charity comprise of the Lead Elder, Administrator and the Treasurer. The total employee benefits of key management personnel of the charity were £73,449 (2023: £68.989)
## **13. Directors and related parties**
During the financial period, in furthering the charity's objectives, Mr C Gale received £51806 (2023: 48804) in salary, £3626 (2023: £3207) in pension contributions, and £725 (2023: £1812) in general expenses. Other directors and related parties received £1159 (2023: £656) reimbursement of expenses that they had incurred on the charity's behalf.
Directors contributed £38161 (2023: £41085) to the total church offering including Gift Aid.
## **14. Statement of financial activities, comparative funds - year ended 31 March 2023.**
|**Income from:**
Donations and gifts
Charitable Activities
Investment Income
Other Income
**Total income**
**Expenditure on:**
Charitable Activities
**Total expenditure**
Net Income / (Expenditure) before transfers
Gross transfers between funds
Net incoming/(outgoing) resources for the year
Total Funds brought forward at 1 April 2022
**Total Funds carried forward at 31 March 2023**|**Unrestricted**
**Funds**
**£**
137,288
8,005
334
292
145,919
146,302
146,302
(383)
**-**
(383)
60,138
59,755|**Restricted**
**Funds**
**£**
11,351
0
39
0
11,390
12,241
12,241
(851)
**-**
(851)
9,404
8,553|**Total**
**2023**
**£**
**148,639**
**8,005**
**373**
**292**|
|---|---|---|---|
||||**157,309**|
||||**158,543**|
||||**158,543**|
||||(1,234)
**-**|
||||**(1,234)**|
||||**69,542**|
||||**68,308**|
## **15. Member Guarantee**
The charity is limited by guarantee and has no share capital. Every member of the company is a guarantor and undertakes to contribute to the assets of the company, in the event of being wound up, such amount as may be required. Each guarantor's liability is limited to £1.
**16. Control**
The charity is under the control of the board of directors.
12