Christ Church Newcastle
Report and Accounts Year ended 31 August 2025
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
CHRIST CHURCH NEWCASTLE
COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2025
Trustees
Miss J M E Bishop (resigned on 13 January 2025) Rev. H A Charteris Mr N J Cowton Mrs B L Gordon Mr S Pugmire Dr P J Woolley (resigned 31 August 2025) Mrs F E Lavelle (appointed on 13 January 2025) Mr H C Mullen (appointed on 2 April 2025)
Key Staff
Rev. H A Charteris Mr R Flynn
Governing Document
Memorandum and Articles of Association dated 15 March 2008
Company Registration Number 06535478 Charity Registration Number 1124990 Principal Address 7 Simonside Terrace, Newcastle upon Tyne NE6 5JX
Registered Office 7 Simonside Terrace, Newcastle upon Tyne NE6 5JX
Independent Examiner
Sarah Crispin ACA Stewardship 1 Lamb's Passage London EC1Y 8AB
Bankers
The Co-operative Bank
| Contents | Page |
|---|---|
| Company Information | 1 |
| Trustees' Annual Report | 2-6 |
| Independent Examiner's Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Cashflow Statement | 10 |
| Notes to the Accounts | 11-18 |
| Detailed Statement of Financial Activities with Comparatives | 19 |
Page 1
Christ Church Newcastle Trustees’ report for the year ended 31 August 2025
The trustees, who are the charity's directors for the purposes of company law, have the pleasure in submitting the Report and Financial statements for the year.
Objectives of the charity
The charity is a charitable company and is governed by its memorandum and articles of association. The objects of the charity, as set out in the governing document are:
-
the advancement of the Christian faith in accordance with the Statement of Beliefs in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time may think fit;
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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 prevention and relief of need, hardship and sickness; the advancement of education; and 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.
The trustees note that the Church is not a building, but a gathering of ordinary people of different ages and backgrounds, whose lives have been changed by Jesus Christ. The New Testament reveals the Church as a community of people, properly taught and cared for, who by loving and serving Jesus Christ, were also committed to love and care for each other and to bring a blessing to the area in which they lived. Christ Church Newcastle: its trustees, elders and congregation are committed to the restoration of those New Testament principles. It is not alone in this, it is one of many Churches in the area, country and all over the world that is re-discovering the joy of knowing Jesus Christ. The vision is to see the people of Newcastle upon Tyne come into this experience of knowing Jesus as their Lord, Saviour and friend.
Summary of the charity’s main activities and achievements
The main activities undertaken during the period in relation to these objectives were:
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Weekly church meetings and events;
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Donations to institutions and individuals; and
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Continuing to maintain and develop our building, purchased in July 2021.
Page 2
The trustees consider the achievements of the church during the year to be:
Church Family Life
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16 Home Groups comprising over 250 adults meet week-by-week, supported centrally, including a daytime home group for senior citizens.
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Christ Church Cares is our ministry for the support and care of immigrants & refugees, along with those finding life tough. This ministry coordinates a store house with donated food and other household supplies.
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The congregation has continued to grow during the last year.
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The church leadership and volunteers continue to offer significant ongoing pastoral and mental health support to those within and outside the church. We continue to run pastoral care seminars, which are open to and accessed by others in the region.
Children & Youth Activities
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Weekly Sunday groups for children of all ages
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We continued our midweek groups for youngsters aged 7-11 and 14-18.
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We host a weekly community toddler group which is attended by 30-40 people each week.
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We continued to hold ad hoc events for children, open to and accessed by many in our community.
Community Events/Activities
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We ran a Christmas season that engaged both church members and the local community and was attended by many.
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We organised Love Heaton, a community event that saw over 150 people gather at the church building for
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We continue to have volunteers working with Safe Families for Children, providing support for local children and families in crisis through befriending and the provision of resources.
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We have kept our links with a local nursing home and a centre for retirement living, visiting residents and providing services.
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We registered the building as a place of worship and received authorization to conduct weddings
General
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Our building has continued to be a huge asset in engaging the local community through weekly Sunday meetings and a range of other uses throughout the year, drawing in a diverse range of people from the community.
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Although we do not provide our building for hire, we have been able to host ad-hoc conferences and meetings for charities with similar aims and connections to CCN congregants. Such organisations include: North East Gospel Partnership, UCCF, Crosslands Training, Biblical Counseling UK and Safe Families for Children.
Page 3
- CCN has been able to provide support to other churches in the region and mission partners globally, both financially and in practical ways.
Most of the charity's activities are undertaken by volunteers and the charity could not operate effectively without their efforts. In planning the activities, the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Structure, Governance and Management
Responsibility for setting policy and for determining the parameters within which the charity should operate rests with the trustees, who meet regularly to monitor the activities of the charity. Responsibility for the day-to-day operation of the charity has been delegated to the staff team led by Hugo Charteris. Responsibility for the spiritual oversight of the church has been delegated to the eldership team.
The charity is controlled by its governing documents, the Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
At any time, there must be a minimum of three trustees. The Board of Trustees is responsible for the appointment of new Trustees. All trustees appointed are in full support of the charity’s aims and objectives and are familiar with the day-to-day practical workings of the charity.
Any newly appointed trustees will be given a copy of the current version of the governing documents and a copy of the latest Trustees’ Annual Report and statement of financial statements. Newly appointed trustees are also encouraged to participate in appropriate training in order to allow them to perform their duties with appropriate skill and attention.
The pay of the staff team is determined in line with a remuneration policy which benchmarks the pay of staff members against the NHS Agenda for Change.
Financial review
During the year income increased by £130,367, to £527,999, and expenditure increased by £73,833 to £474,246. As a result, the surplus for the year increased by £56,534 to £53,753 and the charity's net assets increased to £665,076. Net current assets increased by £59,574 to £196,463.
Income increases were driven by higher congregational numbers and additional one-off donations relating to a building appeal for future roof replacement works, the most significant being a donation of £40,000. Roofing works are planned to happen in following years. Expenditure increased with higher staff numbers and additional spend on repairs and maintenance to our building, in particular work to remediate asbestos issues (£20,871), repairs to a section of roofing (£18,720) and window replacements (£11,472).
Fundraising
The charity does not have any fundraising objectives.
Page 4
Reserves policy
The trustees have determined that the charity should aim to hold unrestricted cash of no less than £120,000 (which equates to about 3 months' of unrestricted expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £170,589 and the charity is complying with its reserves policy.
Key risks and uncertainties
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
The principal risk that could adversely affect the charity is moral failure resulting in large numbers of members leaving the church. The trustees have implemented a Code of Conduct for staff, trustees, elders and other members of the leadership team and the trustees are satisfied that a culture exists within the organisation, where challenge is welcomed and leadership is shared, to sufficiently mitigate the likelihood of this risk materialising.
Plans for the future
Christ Church Newcastle intends to continue its regular activities and has no plans for significant changes in any aims or objectives. During this year we were exploring options to add an additional morning or evening service in order to accommodate the growth we have experienced. Additionally, we have been partnering with North Shields Evangelical Church, with the aim to plant a new independent church on the North Tyneside coast.
Responsibilities of trustees under company law
The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the directors 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 directors are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
Page 5
- 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.
Approval
This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the trustees and signed on their behalf by:
Ste ~~Stephen Pugmire~~ phen Pugmire (Apr 1, 2026 17:30:39 GMT+1)
Stephen Pugmire Chair of Trustees
A r 1 2026 p ,
Date
Page 6
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
CHRIST CHURCH NEWCASTLE ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025 on pages 8 to 19 following, which have been prepared on the basis of the accounting policies set out on pages 11 to 12.
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 Member of the Institute of Chartered Accountants in England & Wales, 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:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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.
Sarah Crispin
Sarah Crispin (Apr 2, 2026 09:58:52 GMT+1)
Sarah Crispin ACA
Member of the Institute of Chartered Accountants in England & Wales Stewardship 1 Lamb's Passage London EC1Y 8AB
Date: Apr 2, 2026
Page 7
CHRIST CHURCH NEWCASTLE
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2025
| Note INCOME AND ENDOWMENTS FROM: Donations 3 Charitable activities 4 Total income and endowments EXPENDITURE ON: Charitable activities 5 Total expenditure Net income/(expenditure) Transfers between funds 14 Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 14 |
Unrestricted Funds £ 435,186 9,900 445,086 405,346 405,346 39,740 - 39,740 578,755 618,495 |
Restricted Funds £ 82,913 - 82,913 68,900 68,900 14,013 - 14,013 32,568 46,581 |
Total Funds 2025 £ 518,099 9,900 527,999 474,246 474,246 53,753 - 53,753 611,323 665,076 |
Total Funds 2024 £ 390,381 7,251 |
|---|---|---|---|---|
| 397,632 | ||||
| 400,413 | ||||
| 400,413 | ||||
| (2,781) - |
||||
| (2,781) 614,104 |
||||
| 611,323 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing operations.
The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.
The notes on page 11-18 form part of these accounts.
Page 8
CHRIST CHURCH NEWCASTLE
BALANCE SHEET
AS AT 31 AUGUST 2025
| Note FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank and in hand 9 CREDITORS: Amounts falling due within one year 10 Net current assets / (liabilities) Total assets less current liabilities CREDITORS: Amounts falling due 11 after more than one year TOTAL NET ASSETS FUND BALANCES 14 Unrestricted Funds General funds Restricted Funds |
Unrestricted Funds £ 792,693 792,693 12,599 170,589 183,188 (33,306) 149,882 942,575 (324,080) 618,495 618,495 618,495 - 618,495 |
Restricted Funds £ - - 129 46,452 46,581 - 46,581 46,581 - 46,581 - - 46,581 46,581 |
Total Funds 2025 £ 792,693 792,693 12,728 217,041 229,769 (33,306) 196,463 989,156 (324,080) 665,076 618,495 618,495 46,581 665,076 |
Total Funds 2024 £ 804,322 |
|---|---|---|---|---|
| 804,322 | ||||
| 26,137 135,298 |
||||
| 161,435 (24,546) |
||||
| 136,889 | ||||
| 941,211 (329,887) |
||||
| 611,323 | ||||
| 578,755 | ||||
| 578,755 32,569 |
||||
| 611,323 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.
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The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities
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(a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its net income or expenditure for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the Board of Directors and were signed on its behalf by:
Stephen Pugmire ---------------------------------------Stephen Pugmire (Apr 1, 2026 17:30:39 GMT+1) Mr S Pugmire Apr 1, 2026 Date: _______
Company number: 06535478
The notes on page 11-18 form part of these accounts.
Charity number: 1124990
Page 9
CHRIST CHURCH NEWCASTLE
FOR THE YEAR ENDED 31 AUGUST 2025
CASH FLOW STATEMENT
| Note Cash flows from operating activities: Net cash provided by/(used in) operating activities a Cash flows from investing activities: Purchase of property, plant and equipment Net cash provided by/(used in) investing activities Cash flows from financing activities: Repayments of borrowing Net cash provided by/(used in) financing activities b b Analysis of changes in net debt: Cash and equivalents at the beginning of the year Cash and cash equivalents at the end of the year Change in cash and equivalents in the reporting period |
2025 £ 97,000 (9,399) (9,399) (5,858) (5,858) 81,743 135,298 217,041 |
2024 £ 27,031 |
|---|---|---|
| (11,989) | ||
| (11,989) | ||
| (21,850) | ||
| (21,850) | ||
| (6,808) 142,106 |
||
| 135,298 | ||
| Analysis of changes in net debt: | |||
|---|---|---|---|
| Cash Bank loans: Falling due within one year Falling due after one year Total net funds / (debt) |
At start of year £ 135,298 (6,452) (329,887) (201,041) |
Cash-flows £ 81,743 (51) (5,807) 75,885 |
At end of year £ 217,041 (6,401) (324,080) |
| (113,440) |
NOTES TO THE CASH FLOW STATEMENT
Note a: Reconciliation of net income/(expenditure) to net cash flow from operating activities
| Adjustments for: Depreciation charges and provisions for impairment (Increase)/decrease in debtors Increase/(decrease) in creditors Net cash provided by (used in) operating activities Note b: Analysis of cash and cash equivalents Cash at bank with immediate access Total cash and cash equivalents Net income/(expenditure) for the reporting period (as per the statement of financial activities) |
2025 £ 53,753 21,028 13,409 8,810 97,000 2025 £ 217,041 217,041 |
2024 £ (2,781) 27,078 (9,890) 12,624 |
|---|---|---|
| 27,031 | ||
| 2024 £ 135,298 |
||
| 135,298 |
Page 10
CHRIST CHURCH NEWCASTLE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
1 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.
2 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:
-
i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.
-
ii) The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.
Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from church retreats and other events and courses.
-
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
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.
Page 11
CHRIST CHURCH NEWCASTLE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
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 £500 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 Equipment 3 years Building improvements 10 years straight line
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) 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.
g) 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.
h) Financial instruments
The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).
i) Critical accounting estimates and areas of judgement
ln preparing financial statements certain judgements, estimates and assumptions have to be made that affect the amounts recognised in the financial statements. The trustees consider the following to be significant:
The annual depreciation charge for property, plant and equipment is sensitive to changes in the estimates for useful economic life and residual value. These estimates are reassessed annually and, when necessary, adjusted to reflect current circumstances.
3 Donations
| 3 Donations |
||
|---|---|---|
| Donations of cash and similar Income tax recoverable 4 Income from charitable activities Church retreats and events Book sales Other Income |
2025 £ 424,918 93,181 518,099 2025 £ 6,015 197 3,688 9,900 |
2024 £ 321,768 68,613 |
| 390,381 | ||
| 2024 £ 4,197 1,122 1,932 |
||
| 7,251 |
Page 12
CHRIST CHURCH NEWCASTLE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
5 Charitable expenditure
| a Costs incurred directly on specific activities Employment costs (including relocation expenses and contractor costs) Ministry Costs Telephone and utilities Gifts to speakers Catering Equipment expenditure<£500 Building repairs & maintenance Conferences and training Miscellaneous expenses Events expenses Grants payable (note 5c) b Costs incurred on support & administration Governance costs Independent examiner's fee Other Printing, postage and stationery Subscriptions and professional fees Bank loan interest payable Depreciation of tangible fixed assets Other Admin Costs Insurance Total expenditure |
2025 £ 235,875 5,442 26,508 662 1,993 4,101 67,219 11,275 4,721 5,701 363,497 50,179 413,676 3,840 - 3,840 211 7,878 21,539 21,028 1,295 4,779 60,570 474,246 |
2024 £ 194,972 4,170 27,259 362 1,193 4,515 47,952 4,963 1,186 5,986 |
|---|---|---|
| 292,558 41,142 |
||
| 333,700 | ||
| 3,720 - |
||
| 3,720 670 7,790 22,438 27,078 750 4,267 |
||
| 66,713 | ||
| 400,413 |
The fee payable to the independent examiner for preparing and examining the accounts was £3,840 (2024: £3,720); in addition the charity paid £1,289 (2024: £1,227) to Stewardship for payroll bureau and consultancy services.
c Grants payable
| Grants for UK and overseas mission Grants for the relief of poverty The comparatives for the previous year are as follows: Grants for UK and overseas mission Grants for the relief of poverty |
Institutions £ 45,250 - 45,250 Institutions £ 37,442 - 37,442 |
Individuals £ 3,521 1,408 4,929 Individuals £ 3,180 520 3,700 |
2025 £ 48,771 1,408 |
|---|---|---|---|
| 50,179 | |||
| 2024 £ 40,622 520 |
|||
| 41,142 |
Page 13
CHRIST CHURCH NEWCASTLE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
The charity's principal grants to institutions comprised:
| charity's principal grants to institutions comprised: | ||
|---|---|---|
| UCCF FIEC Friends International Redeemer Church Crosslands UFM Worldwide European Missionary Fellowship Christ Church Newland Frontiers Pioneers CPAS Ventures Grants to institutions for less than £1,000 each Gross wages and salaries Social security Pension costs ysis of staff costs, the cost of key management personnel and trustee remuneration |
2025 £ 2,750 7,224 3,960 6,000 2,000 2,200 3,600 5,000 - 9,909 1,250 1,357 45,250 2025 £ 202,175 11,130 18,013 231,318 |
2024 £ 3,600 6,624 3,960 7,600 2,000 3,000 1,600 5,000 3,000 - - 1,058 |
| 37,442 | ||
| 2024 £ 165,709 10,232 14,934 |
||
| 190,875 |
6 Analysis of staff costs, the cost of key management personnel and trustee remuneration
The average monthly number of employees during the year was 7 (2024: 6). Most of the charity's activities are carried out by volunteers.
No staff received salaries at a rate of more than £60,000 per annum.
The charity's key management comprise the trustees and the key staff named on the Company Information page. Total employment benefits payable to key management for the year were as follows:
| Other Employer Wages & employment pension salaries benefits contributions Trustee: Hugo Charteris 48,628 - 4,863 Other members of key management 39,868 - 3,987 following amounts were payable in the previous year: Other Employer Wages & employment pension salaries benefits contributions Trustees: Hugo Charteris 46,093 - 4,609 Other members of key management 37,790 - 3,779 |
2025 £ 53,491 43,855 |
|---|---|
| 97,346 | |
| 2024 £ 50,702 41,569 |
|
| 92,271 |
The following amounts were payable in the previous year:
Hugo Charteris served as a church leader and received the above payments for serving in that capacity, not for serving as trustee; these payments are permitted by the charity's governing document.
Page 14
CHRIST CHURCH NEWCASTLE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
7 Tangible fixed assets
| Cost At 1 September 2024 Additions At 31 August 2025 Accumulated depreciation At 1 September 2024 Charge for the year At 31 August 2025 Net book value At 31 August 2025 At 31 August 2024 Debtors Falling due within one year: Tax recoverable Other debtors Cash at Bank and in Hand Cash at bank with immediate access Creditors: liabilities falling due within one year Other creditors Accruals Loans |
Freehold Land £ 200,000 - 200,000 - - - 200,000 200,000 |
Freehold Property £ 600,000 - 600,000 38,000 12,000 50,000 550,000 562,000 |
Fixtures, fittings and equipment £ 86,341 9,399 95,740 44,019 9,028 53,047 42,693 42,322 2025 £ 6,665 6,063 12,728 2025 £ 217,041 217,041 2025 £ 23,065 3,840 6,401 33,306 |
Total 2025 £ 886,341 9,399 |
|---|---|---|---|---|
| 895,740 | ||||
| 82,019 21,028 |
||||
| 103,047 | ||||
| 792,693 | ||||
| 804,322 | ||||
| 2024 £ 20,181 5,956 |
||||
| 26,137 | ||||
| 2024 £ 135,298 |
||||
| 135,298 | ||||
| 2024 £ 14,500 3,594 6,452 |
||||
| 24,546 |
8 Debtors
- 9 Cash at Bank and in Hand
10 Creditors: liabilities falling due within one year
Page 15
CHRIST CHURCH NEWCASTLE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
11 Creditors: amounts falling due after more than one year
| itors: amounts falling due after more than one year | ||
|---|---|---|
| Loans | 2025 £ 324,080 324,080 |
2024 £ 329,887 |
| 329,887 |
12 Loans
The liabilities for loans referred to in notes 11 and 12 fall due for repayment as follows:
| Repayable: Within one year Between one and five years After five years |
2025 2024 £ £ 6,401 6,452 33,289 30,466 290,791 299,421 330,481 336,339 Bank loans |
2025 2024 £ £ 6,401 6,452 33,289 30,466 290,791 299,421 330,481 336,339 Bank loans |
|---|---|---|
| 336,339 |
Property and Land with a carrying value of £750,000 have been pledged as security for the charity's bank loans. Interest is payable at a variable rate, which at the balance sheet date was 6.40%. The loan is being repaid in monthly instalments and must be repaid in full by 31 July 2051.
13 Pension commitments
During the year employer’s pension contributions totalling £18,013 (2024: £14,934) were payable to defined contribution personal pension schemes. £1,554 employer pension contributions were owing at the balance sheet date (2024: £1,433).
14 Funds
During the year the movements in the charity's funds were as follows:
| General Unrestricted Funds Total Unrestricted Funds Restricted Funds Building fund Outreach ministry Hardship fund Training fund Overseas Mission fund Aggregate of funds |
Opening balance 2025 £ 578,755 578,755 - 4,312 3,230 14,418 10,608 32,568 611,323 |
Incoming resources 2025 £ 445,086 445,086 58,414 - 600 23,899 - 82,913 527,999 |
Outgoing resources 2025 £ (405,346) (405,346) (35,812) (4,312) (1,408) (16,760) (10,608) (68,900) (474,246) |
Transfers in the year 2025 £ - - - - - - - - - |
Closing balance 2025 £ 618,495 |
|---|---|---|---|---|---|
| 618,495 | |||||
| 22,602 - 2,422 21,557 - |
|||||
| 46,581 | |||||
| 665,076 |
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CHRIST CHURCH NEWCASTLE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
14 Funds (continued)
Analysis of net assets by fund
The assets and liabilities of the various funds were as follows:
| ysis of net assets by fund assets and liabilities of the various funds were as follows: |
|||
|---|---|---|---|
| Tangible fixed assets Debtors Cash at bank and in hand Creditors falling due within one year Creditors falling due after one year |
Unrestricted General funds £ 792,693 12,599 170,589 (33,306) (324,080) 618,495 |
Restricted funds £ - 129 46,452 - - 46,581 |
2025 £ 792,693 12,728 217,041 (33,306) (324,080) |
| 665,076 |
In the previous year the movements in the charity's funds were as follows:
| General Unrestricted Funds Total Unrestricted Funds Restricted Funds Building fund Outreach ministry Hardship fund Training fund Overseas Mission fund Aggregate of funds |
Opening balance 2024 £ 604,792 604,792 - 9,312 - - - 9,312 614,104 |
Incoming resources 2024 £ 361,626 361,626 6,250 - 3,750 14,418 11,588 36,006 397,632 |
Outgoing resources 2024 £ (387,663) (387,663) (6,250) (5,000) (520) - (980) (12,750) (400,413) |
Transfers in the year 2024 £ - - - - - - - - - |
Closing balance 2024 £ 578,755 |
|---|---|---|---|---|---|
| 578,755 | |||||
| - 4,312 3,230 14,418 10,608 |
|||||
| 32,568 | |||||
| 611,323 |
Analysis of net assets by fund
In the previous year, the assets and liabilities of the various funds were as follows:
| Tangible fixed assets Stock Debtors Cash at bank and in hand Creditors falling due within one year Creditors falling due after one year |
Unrestricted General funds £ 804,322 - 26,137 102,729 (24,546) (329,887) 578,755 |
Restricted funds £ - - 32,568 - - 32,568 |
2024 £ 804,322 - 26,137 135,297 (24,546) (329,887) |
|---|---|---|---|
| 611,323 |
Page 17
CHRIST CHURCH NEWCASTLE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
14 Funds (continued)
The restricted building fund represent funds given to be used on the purchase and running of a building for Christ Church Newcastle.
The restricted Outreach Ministry Fund relates to fund specifically given for gospel mission work both in Newcastle and across the world.
The restricted Hardship Fund relates to fund given by members of the church family to support those in need, including the Christ Church Cares initiative.
The restricted Training Fund relates to a fund established for the support of training of members of the congregation and staff.
The restricted Overseas Mission Fund relates to funds held for a member of the congregation who is planning an overseas mission trip in the future
15 Transactions with related parties During the year the charity:
-
a) received donations totalling £102,464 (2024: £54,795) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).
-
b) No expenses (2024: £nil) were paid to, or for, the trustees.
16 Members
Each member of the company commits to contribute if the charity is wound up an amount of £1.
Page 18
CHRIST CHURCH NEWCASTLE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES
FOR THE YEAR ENDED 31 AUGUST 2025
| Note INCOME AND ENDOWMENTS FROM: Donations 3 Charitable activities 4 Total income and endowments EXPENDITURE ON: Charitable activities: 5 Total Expenditure Net gains/(losses) on investments Net income/(expenditure) Transfers between funds 14 Reconciliation of funds: Total funds brought forward Total funds carried forward 14 |
Unrestricted funds | Restricted 2025 £ 82,913 - 82,913 68,900 68,900 - 14,013 - 32,568 46,581 |
Total 2025 £ 518,099 9,900 527,999 474,246 474,246 - 53,753 - 611,323 665,076 |
General 2024 £ 354,375 7,251 361,626 387,663 387,663 - (26,037) - 604,792 578,755 Unrestricted funds |
Restricted 2024 £ 36,006 - 36,006 12,750 12,750 - 23,256 - 9,312 32,568 |
Total 2024 £ 390,381 7,251 397,632 400,413 400,413 - (2,781) - 614,104 611,323 |
|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| General 2025 £ 435,186 9,900 445,086 405,346 405,346 - 39,740 - 578,755 618,495 |
|||||||||||
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