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Registered number- 06739587
Charity number.. 1128133
BRUNSTAD CHRISTIAN CHURCH DIDCOT
(A company limited by guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
CONTENTS
Page
Refgrgncg and administrativa dgtails of the charityi its Trustegs and advisgrs
Trustees. report
Independent examiner's report
Statement of financlal actlvltles
Balance sheet
9-10
Statement of cash flows
Notes to the financial statements
12-25

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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Mr Louis Peter Van As
Mr Paul Heaven
Ms Lucy Savage
Mr Stuart David Cox (appointed 6 February 20241
Ms Anne Abraham
Company registered number
06739587
Charity registered number
1128133
Registered office
Garden House, Mihon Hill, Steventon, Abingdon, Oxfordshire, OX13 6AF
Chief executive officer
David Heaven
Accountants
James Cowper Kreslon, Reading Bridge House, George Street, Reading, Berkshire, RG18LS
Bankers
HSBC, 186 Broadway, Didcot. Oxfordshire, OX11 8RP
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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees Iwho are also directors of the charity for the purposes of the Companies Act) present their annual
report together with the financial statements of Brunstad Christian Church Didcol Ilhe company) for the year
ended 31 December 2024. The Trustees confirm that the Annual report and financial statements of the company
comply with the current statutory requirements, the requirements of the companls governing document and the
provisions of the Statement of Recommended Practice ISORPI, applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
leffective 1 January 20191. Since the company qualifies as small under section 383, the strategic report reqLJired
of medium and large companies under The Companies Act 2006 (Strategic Report and Director's Report)
Regulations 2013 is not required.
STRUCTURE, GOVERNANCE AND MANAGEMENT CONSTITUTION
The company is registered as a charitable company limited by guarantee and was sel up by a Memorandum of
Association on 3 November 2008. The Articles of Association were updated in December 2011 to reflect the
latest guidelines and to provide that voting of the board should be unanimous where not specified otherwise by
the companies acts.
The company is conslitLJted under a Memorandum of Association dated 3 November 2008 and is a registered
charity number 1128133.
The principal object of the company is to promote the furtherance of the Christian faith and support the
development of young people.
METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
The management of the company is the responsibility of the Trustees who are elected and co-opted under the
terms of the Articles of Association. As the need arises the existing Iruslees will continue to identify potential
candidates from the active church members based on their involvement and skills. Many church members take
responsibility for activities or projects in the church, and this gives us a pool of possible candidates with known
skills.
POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES
Appropriate webinars and courses to improve and update trustee knowledge are highlighted to all Iruslees and
feedback from those attending is shared with the whole group.
ORGANISATIONAL STRUCTURE AND DECISION MAKING
The management of the company is the responsibility of the Trustees who are elected and co-opted under the
terms of the Articles of Association. The board of trustees meets al least 9 limes a year and meetings include a
financial update, development considerations and any other significant decisions.
OBJECTIVES AND ACTIVITIES
ACTIVITIES FOR ACHIEVING OBJECTIVES
The trustees have paid due regard lo the Charity Commission's guidance on public benefit and strongly believe
that holding Christian services and other activities detailed in this report provide public benefit. Individuals are
laughl to feel responsible to contribute to the welfare of society, to respect the authorities in the country, and lo
show genuine care for their neighbours and the environment.
At the AGM in September, Lucy Savage retired as a trustee by rotation in accordance with the articles and
offered themselves for reappointment, which was unanimously approved.
Stuart Cox was appointed as a trustee on 6 February 2024.
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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The charity holds regular Christian meetings, and arrange the following activities aimed al specific groups..
Three Sunday School groups for 3-5, 6-8 and 9-11 year olds
Bible studies for tweens
Weekly youth meeting for 13-36 year olds
Sport I leisure lime activilies113-25 years)
Football Iraining14-16 years)
Weekly activities club18-11 years and 12-18 years)
060's gatherings
Contributed with acting, directing, script writing, dubbing, editing and translating of Christian media content
Develop leadership and management skills by involvement in and planning of church events and activities
We contribute financially to international missionary work and support a multilingual Christian website
Iwww.aclivechrislianity.orgl both financially and by conlribuling content. We have decided that it is more effective
lo support this global resource than maintain our own local web presence. Several of our members have
contributed conlenl to the sile, either in written form or as video interviews.
Several of our members also volunteer their time to provide English subtitling and dubbing on the Brunslad TV
channel, enabling English speaking people around the world to access the content.
ACHIEVEMENTS AND PERFORMANCE
REVIEW OF ACTIVITIES
In 2024 there was a small project lo improve the acoustics of the main hall with acoustic panelling. There were
no other significant improvements to the property.
Regular general meetings are held on Sundays with three concurrent children's meetings held alongside.
Youth meetings are held weekly for 13-36-year-olds. The regular activities clubs run on a Tuesday evening for
8-11-year-olds, whilst the 12-18-year-olds are also provided with a variety of activities and given the opportunity
lo develop a range of skills ranging from maintenance to media and event planning.
Our media team continues lo be involved in Iranslaling and dubbing the conlenl of the channel from Norwegian
so that English speakers all over the world can watch and listen lo conlenl in English.
Several of our members travelled lo Norway and Netherlands lo partake in acting and directing in films retelling
bible stories and other Christian content created by BCC Media.
Our youth group participated in two TV based bible studies during the Spring and Autumn of 2024. Many of the
youth group also travelled lo Norway for three Christian International Youth Activity Camps held throughout the
year. The camps offer young people attending from all over the world a broad range of activities during the day
and brings them together in the evenings for interesting bible studies, meetings and other events aimed at
edification and building fellowship.
FINANCIAL REVIEW
We closed the year with nel assets of £1,199k 12023.. £1,162kl having raised £582k {2023.' £597kl during the
year, in addition lo spending £544k 12023.. £629kl on charitsble activities and governan￿ costs. The small
decrease in income was due to a wuple of invoiced one-off events in 2023 not repeated in 2024. The decrease
in spending was due to a one-off donation lo international Conferen￿ centre in 2023, reduced missionary fund
donations and a decrease in depreciation.
The trading subsidiary TCD saw another strong year donating £63,63212023= £64,389).
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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
PRINCIPAL RISKS AND UNCERTAINTIES
The trustees have evaluated the risks facing the charity and these fall into two main areas, financial and people.
Raising sufficient income to meet our operating costs, and lo maintain a sound financial basis for expected
future growth is a key risk. Our income regulady exceeds our expectations, we have a significant cash balance,
and the members of the charity continue to be highly engaged in our mission, so this risk is currently considered
lo be low.
Foreign FX risk - we have aimed to minimise our foreign FX risk by holding the repayment of the NOK loan in a
NOK bank account.
On the people side, much of our activity is focussed on children and young people, and therefore we face the
same risks as every other organisalion that provides services lo those groups. We manage this risk through a
Child Protection Program including enhanced DBS Checks and regular training. This risk is currently considered
lo be low.
RESERVES POLICY
We would normally aim lo hold £20,000 for emergency spend and a further £20,000 lo cover seasonal
fluclualions in our current account.
Amounts for use over a longer lime frame are moved to interest bearing accounts. During the year £25,152
{2023'. £14,019) of reserves were invested in improvements to our property and other fixed assets.
Our policy is to build reserves sufficient to allow us lo develop facilities which will further our objectives over a
horizon of al least twenty years and lo reduce our reliance on debt funding. We ideally plan to take a maximum
of 50Q/o debt funding for building projects.
Whilst we continue to save for future projects {saved funds 2024.. £966,577 and 2023.. £1,037,195), we expect lo
begin a medium sized extension project in the autumn of 2025. We also anticipate future funds to be used in..
small and medium development projects in the short to medium term
a major development al our main premises, Garden House
donating funds lo charitable projects being carried out by like-minded organisations which further our
objectives. We held funds for this purpose al the year-end in order to support spectfic projects as the need
arises.
Our preference is to adopt 8 social investment approach lo the reserves in order lo apply them for aligned
charitsble purposes until such time as we need lo use them. This is covered in more detail in the next section.
INVESTMENTS POLICY
As our reserves policy noted above has involved us holding significant funds careful consideration has been
given to our investment policy. Our policy is to seek to hold our funds in a combination of..
interesl-bearing cash accounts and money market accounts as a low risk and accessible funds 12024..
£672,162 and 2023.. £209,919>
low to moderate risk charitable investment INOK 5.3m loan with an interest rate of 5101 Original loan
NOK10m. NOK 4.3m repaid Dec24, remaining NOK5.3m repaid Mar25. Currently held in a NOK bank
account.
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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES. RESPONSIBILITIES STATEMENT
The Trustees (who are also directors of Brunstad Christian Church Didcol for the purposes of company lawl are
responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel.
Company law requires the Trustees lo prepare financial slalements for each financial year. Under company law
the Trustees musl not approve the financial statements unless they are satisfied that they give a true and fair
view of the stsle of affairs of the charitable company and of the incoming resources and application of resources,
including the income and expenditure, of the charitsble company for that period. In preparing these financial
stslemenls, the Trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities Statement of Recommended Practice.,
make judgments and accounting estimates that are reasonable and prudent.,
prepare the financial statements on the going con￿rn basis unless it is inappropriate lo presume that the
charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain
the charitable companls transactions and disclose with reasonable accuracy al 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.
Approved by order of the members of the board of Trustees and signed on their behalf by..
Mr Paul Heaven
ITrusleel
Dale..
14 May 2025
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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Independent Examiner's Raport to the Trustees of Brunstad Christian Church Didcot
report to the charity Trustees on my examination of the accoLJnts of the Charity for the year ended 31
December 2024.
Responsibilities and Basis of Rgport
As the Trustees of the Charity land its directors for the purposes of company lawl you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 AcV}-
Having satisfied myself that the accounts of the Charity 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 the Charitys accounts
carried out under section 145 of the Charities Act 2011 1.the 2011 Acl'l. In carrying out my examination I have
followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act.
Independent Examiner's Statement
Since the Charills gross income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member
of Institute of Chartered AccoLJntanls in England and Wales, which is one of the listed b(Idies.
I have completed my examination. I confirm that no matters have come lo my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of the Charity 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 'lrue and faiv view which is not a maller 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 applicable lo charitie5 preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examination to which
attention shoLJld be drawn in this report in order to enable a proper understanding of the accounts to be reached.
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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2024
This report is made solely to the Charity's Trustees. as a body, in accordance with Part 4 of the Charities
IAccounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charitys
Trustees those matters l am required lo stale to them in an Independent examinerfs report and for no other
purpose. To the fullest exlenl permitted by law, I do not accept or assume responsibility lo anyone other than the
Charity and the Charity's Trustees as a body, for my work or for this report.
Signed..
MrAlexander Peal Bsc {Honsl FCA DChA
James Cowpgr Krg$ton
Chartered Accountsnls and Statutory Auditor
Reading Bridge House
George Street
Reading
Berkshire
RG18LS
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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT}
FOR THE YEAR ENDED 31 DECEMBER 2024
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
Other trading activities
Investments
Other income
442,047
96,652
43.543
442,047
96,652
43.543
448,968
104,147
42,833
740
Total income
582,242
582,242
596,688
Expenditure on:
Charitable activities
Other expenditure
544.419
544.419
614,161
15,182
Totsl expenditure
544,419
544.419
629,343
Net movement in funds
37.823
37.823
132,6551
Reconciliation of funds..
Total funds brought forward
Nel movement in funds
740,707
420,851
37,823
1,161,558
37,823
1,194,213
132,6551
Total funds carrled fonvard
740.707
458.674
1,199.381
1,161,558
The notes on pages 12 to 25 form part of these financial statements.
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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
REGISTERED NUMBER: 06739587
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Note
Fixed assets
Tangible assets
Investrnenls
12
13
77.637
399,754
91,395
772,284
477.391
863,679
Current assets
Debtors
Cash at bank and in hand
14
62,593
672,162
100,923
209,919
734.755
310,842
Creditors.. amounts falling due wthin one
year
15
{12,7651
112,9631
Net current assets
721.990
297,879
Total assets less current1SabSlltles
1,199.381
1,161,558
Total net assets
1,199.381
1,161,558
Charity funds
Restricted funds
16
740.707
458,674
740,707
420,851
Unrestricted funds
16
Total funds
1,199.381
1,161,558
The Charity was enlilled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company lo obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect lo
accounting records and preparation of financial slalements.
The financial statements have been prepared in accordance wth the provisions applicable to entities subject lo
the small companies regime.
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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
REGISTERED NUMBER: 06739587
BALANCE SHEET ICONTINUEDI
AS AT 31 DECEMBER 2024
The financial statements were approved and aulhorised for issue by the Trustees and signed on their behalf by=
Mr Paul Heaven
Trustee
Dale.. 14 May 2025
The notes on pages 12 to 25 form part of these financial statements.
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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Cash flows from operating activities
Nel cash used in operating activities
141,939
36,039
Cash flows from investing activities
Dividends. interests and rents from investments
Purchase of tangible fixed assets
Repayment of loan to associates
43,543
(25,1521
301,913
42,833
114,0191
Net cash provlded by Investlng actlvltles
320,304
28.814
Cash flows from financing activities
Repayments of borrowing
1210,2261
Net cash provided byllused in) financing activities
{210.226)
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
462,243
{145,373)
355,292
209,919
Cash and cash equivalents at the end of the year
672,162
209,919
The notes on pages 12 to 25 form part of these financial statements
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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policias
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP IFRS 102)
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities
preparing their accounts in 8c¢ordance with the Financial Reporting Standard 8ppIic8ble in the UK
and Republic of Ireland IFRS 1021 leffeclive 1 January 2019}, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
Brunstad Christian Church Didcot meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised at historical Cost or transa¢lion value unless otherwise
ststed in the relevant accounting policy.
1.2 Company status
The company is a company limited by guarantee. The members of the company are the Trustees
named on page 1. In the event of the company being wound up, the liability in respect of the
guarantee is limited lo £10 per member of the company.
1.3 Fund accounting
General funds are unrestricted funds which are available for use al the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Designated funds comprise unrestricted funds that have been sel aside by the Trustees for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial
statements.
Restricted funds are funds which are to be used in accordance with specific reslriclions imposed by
donors or which have been raised by the Charity for particular purposes. The costs 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.
Investment income, gains and losses are allocated to the appropriate fund.
1.4 Income
All income is recognised once the Charity has enlillemenl lo the income, il is probable that the
income will be received and the amount of income receivable can be measured reliably.
For legacies, entillemenl is taken as the earlier of the date on which either.. the Charity is aware that
probate has been granted, the estsle has been finalised and notification has been made by the
executorlsl lo the Charity that a distribution will be made, or when a distribution is received from the
estate. Receipt of a legacy, in whole or in p8rt, is only considered probable when the amount can be
measured reliably and the Charity has been notified of the executor's intention lo make a distribution.
Where leg8cies have been notified to the Charity. or the Charity is aware of the gffinling of probate,
and the criteria for income recognition have not been met, then the legacy IS treated as a contingent
asset and disclosed if material.
Income lax recoverable in relation lo donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Income lax recoverable in relation lo investment income is recognised at the lime the investment
income is receivable.
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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policias Icontinuodl
1.5 Exponditur8
Expenditure is recognised once there is a legal or constructive obligation lo make payments lo a third
paty, it is probable that settlement wll be required and the amount of the obligation can measured
reliably.
l expenditure is accounted for on an accrLJals basis. All expenses including support costs and
governance costs are allocated to the applicable expenditure headings.
Charitable activities and Governance costs are costs incurred on the companls educational
operations, including support costs and costs relating to the govemance of the company apportioned
to charitable activities.
l expenditure is inclusive of irrecoverable VAT.
1.6 Tangible fixed assets and depreciation
Tangible fixed assets costing £1,000 or more are capitalised.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured al cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred lo bring a tangible fixed asset into ils intended working condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives, Ljsing the straight-line method.
Depreciation is provided on the followng bases..
Land and buildings
Plant and machinery
Fixtures and fittings
Equipment
Other fixed assets
5,/0 Straight line
33O/y slraighl line
33O/y slraighl line
33O/y slraighl line
100/. & 330/0 Straight line
For the year ended 31 December 2023 there was a change in depreciation rate for the Land and
buildings from 100/0 Straight line to 5 /0 Straight line lo better reflect the residual value of the asset.
The adjustment has been applied prospectively and apportioned accross the remaining usefLJI life of
the asset.
1.7 Investments
Investments are a form of basic financial instrument and are initially recognised at their transaction
value and subsequently measured at fair value as at the balance sheet date, using the closing quoted
market price. Investment gains and losses, whether realised or unrealised, are combined and shown
in the heading 'Gainslllossesl on investrnenls, in the Slalement of Financial Activities incorporating
income and expenditure account.
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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policias Icontinuodl
1.8 Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates
of exchange ruling al the balance sheet date.
Transactions in foreign currencies are translated into slerfing at the rale ruling on the date of the
transaction.
Exchange gains and losses are recognised in the Statement of Financial Activities incorporating
income and expenditure account.
1.9 Interest receivable
Interest on fLJnds held on deposit is included when receivable and the amount can be measured
reliably by the Charity., this is normally upon notification of the interest paid or payable by the
institution with whom the funds are deposited.
1.10 Debtors
Trade and other debtors are recognised at the selllemenl amount after any trade discount offered.
Prepayments are valued at the amount prepaid nel of any trade discounts due.
1.11 Cash at bank and in hand
Cash at bank and in hand includes cash and short-lerm highly liquid investrnenls with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
1.12 Liabilities and provisions
Liabilities are recognised when there is an obligation al the Balance sheet dale as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay lo sellle the debt or the
amount il has received as advanced payments for the goods or services it must provide.
1.13 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured al their settlement value wf(h the exception of bank loans which are subsequently
measured al amortised cost using the effective interest method.
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BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Critical accounting gstimatos and areas of judgment
The preparation of the financial statements reqLJires management lo make judgements, estimates and
assLJmplions that affect the amounts reported for assets and liabilities as al the balance sheet dale and
the amounts reported for revenues and expenses during the year. However, the nature of estimation
means that actual outcomes could differ from those estimates. The following judgements lapart from
those involving estimalesl have had the most significant effect on amounts recognised in the financial
statements.
Critical accounting eslimales and assumptions..
Tangible fixed assets (see note 111
Tangible fixed assets are depreciated over their useful lives taking into account residual values, where
appropriate. The actual lives of the assets and residual valLJes are assessed annually and may vary
depending on a number of factors. Residual value assessments consider issues such as the remaining
life of the asset and projected disposal values.
Income from donations and legacies
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Donations including gift aid
TCD Business
378,415
63,632
378,415
63,632
384,579
64,389
442,047
442,047
448,968
Total 2023
448,968
448,968
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Virtualsigrhalure Transaction Rel. PMRX.JZ2T-2A YQ 14 May 2025 13."45."03 BST (UTC *11 D 111 P 18&7
BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from other trading activities
Income from fundraising events
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Short term rental income
Local events and activities
Christian resources
13,270
83,277
105
13,270
83,277
105
6,270
96,491
1,386
96,652
96,652
104,147
Total 2023
104,147
104,147
Investment income
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Investment income
Bank interest
34,723
8,820
34,723
8,820
37,977
4,856
43,543
43,543
42,833
Total 2023
42,833
42,833
other incoming resources
Unrestricted
funds
2024
Total
funds
2024
Totsl
funds
2023
Other inilialives
740
Total 2023
740
740
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Virtualsigrhalure Transaction Rel. PMRX.JZ2T-2A YQ 14 May 2025 13."45".03 BST (UTC *11 D 111 P 19tt7
BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Analysis of expenditura on charitable activitigs
Summary by fund type
Unrestricted
funds
2024
Total
2024
Total
2023
Direct costs
Governance costs
539,209
5,210
539,209
5,210
610,222
3,939
544,419
544,419
614,161
Totsl 2023
614,161
614,161
Other expenditure
Unre$tri¢ted
funds
2024
Total
funds
2024
Total
funds
2023
Mortgage interest
15,182
Totsl 2023
15,182
15,182
Analysls of expendlture by actlvltles
Actlvltles
undertaken
dlrectly
2024
Support
costs
2024
Total
funds
2024
Total
funds
2023
Direct costs
539,209
539,209
5,210
610,222
3,939
Governance costs
5,210
539,209
5,210
544,419
614,161
Total 2023
610,222
3,939
614,161
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Virtualsigrhalure Transaction Rel. PMRX.JZ2T-2A YQ 14 May 2025 13."45".03 BST (UTC *11 D 111 P 20tt7
BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Analysis of expenditur8 by activities Icontinuedl
Analysis of direct costs
Total
funds
2024
Total
funds
2023
Activities
2024
Meetings and Events
Donation to BCC Federation
Cost of literature
Missionary fund donations
Premises costs
252,013
252,013
255,574
37,791
1,347
86,074
81,418
73,567
1,708
3,663
1,129
38,910
16201
1,347
86,074
81,418
73,567
1,708
3,663
1,129
38,910
{6201
107,552
76,074
73,846
1,106
3,108
13,5511
58,722
Bank charges and foreign exchange differences
Computer and internet expenses
Postage, stationery and telephone
other
Depreciation of equipment & property
Gain on disposal of fixed assets
539,209
539,209
610,222
Total 2023
610,222
610,222
Analysis of support costs
Total
funds
2024
Total
funds
2023
Activities
2024
Travel costs
Subscriptions
Independent examinerfs fees
551
603
4,056
551
603
4,056
397
182
3,360
5,210
5,210
3,939
Total 2023
3,939
3,939
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Virtualsigrhalure Transaction Rel. PMRX.JZ2T-2A YQ 14 May 2025 13."45".03 BST (UTC *11 D 111 P 21tt7
BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
10.
Independent 8xaminar's remuneration
2024
2023
Fees payable lo the Charills independent examiner for the independent
examination of the Charitys annual accounts
Fees payable lo the Charills independent examiner in respect of..
Preparation of the Company's annual accounts
All other services not included above
1,200
1.170
2,256
600
2,190
11.
Trustees. remuneration and expenses
During the year, no Trustees received any remuneration or other benefils12023 - £NILI.
During the year ended 31 December 2024, no Trustee expenses have been incurred {2023 - £NILI.
12.
Tangible fixed assets
Freehold
property
Plant and
machinery
Office Other fixed
equipment
assets
Total
Cost or valuation
At 1 January 2024
Additions
825.720
65,067
13,044
63,124
7,572
321.962
4.536
1,275.873
25.152
At 31 December 2024
825,720
78,111
70,696
326,498
1,301,025
Depreciation
At 1 January 2024
Charge for the year
788.397
3.999
50,871
10,512
51,252
7.795
293,958
16.604
1,184.478
38.910
At 31 December 2024
792.396
61,383
59,047
310.562
1,223.388
Net book value
At 31 December 2024
33.324
16,728
11,649
15,936
77.637
At 31 December 2023
37,323
14,196
11,872
28,004
91,395
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Virtualsigrhalure Transaction Rel. PMRX.JZ2T-2A YQ 14 May 2025 13."45."03 BST (UTC *11 D 111 P 22&7
BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
13.
Fixed assat investments
Investments
Sn
subsidiary
companies
Loans to
associates
Total
Cost or valuation
Al 1 January 2024
Repayments
Revaluations
772.278
(301.913}
170,617)
772.284
{301.913)
170,6171
At 31 December 2024
399,748
399.754
Principal subsidiaries
The following were subsidiary undertakings of the Charity..
Names
Company
number
Holding
TCD Business Limited
Oxfordshire Enterprises Limited
GH Travel Limited
06451996
07360963
09410676
The financial results of the subsidiaries for the year were..
Names
Aggregate
of share
Capital and
reserves
TCD Business Limited
Oxfordshire Enterprises Limited
GH Travel Limited
All three subsidiaries had a profit and loss balance of £nil in the year wth GH Travel Limited and
Oxfordshire Enterprises Limited being dormant in the year.
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Virtualsigrhalure Transaction Rel. PMRX.JZ2T-2A YQ 14 May 2025 13."45."03 BST (UTC *11 D 111 P 2S&7
BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
14.
Debtors
2024
2023
Trade debtors
3,613
8,389
50,591
8,368
4,515
88,040
Amounts owed by group undertakings
Prepayments and accrued income
62,593
100,923
Crgditors.. Amounts falling dug within ono year
2024
2023
Trade creditors
5,821
Amounts owed lo group undertakings
Other creditors
Accruals and deferred income
1,090
5,825
1,090
6,050
12,765
12,963
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Virtualsigrhalure Transaction Rel. PMRX.JZ2T-2A YQ 14 May 2025 13."45".03 BST (UTC *11 D 111 P 24tt7
BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
16.
Statgmgnt offunds
Statgmgnt offunds- current year
Balance at
31
December
2024
Balanca at 1
January
2024
Income Expenditure
Unrestrlcted funds
Designated funds
Designated Funds - all funds
296.488
{70.6171
225.871
General funds
General Funds - all funds
124.363
582.242
1473,8021
232.803
Total Unrgstrictgd fvnds
420,851
582.242
1544,4191
458.674
Restricted funds
Restricted Funds- all funds
740,707
740.707
Total of funds
1,161,558
582.242
1544,4191
1,199.381
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Virtualsigrhalure Transaction Rel. PMRX.JZ2T-2A YQ 14 May 2025 13."45."03 BST (UTC *11 D 111 P 25&7
BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
16.
Statgmgnt of funds Icontinuedl
Statgmgnt offunds- prioryoar
Ealance at
31
December
2023
Balance al
1 January
2023
Income
Expenditure
Unrestrlcted funds
Designated funds
Designated Funds - all funds
401,273
1104,785)
296,488
General funds
General Funds - all funds
52,233
596,688
1524,558}
124,363
Total Unrgstrictgd fvnds
453,506
596,688
1629,343}
420,851
Restricted funds
Restricted Funds- all funds
740,707
740,707
Total of funds
1,194,213
596,688
1629,343)
1,161,558
The restrirted fund is reslricled to the development of the freehold propety. A major development al the
main premises, Garden House, is Currently expected to start in 2028.
17.
Analysis of ngt assets betwggn funds
Analysis of ngt assets bgtwggn funds - Currgnt poriod
Restricted Unrestricted
funds
funds
2024
2024
Total
fvnds
2024
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
77,637
77.637
399.754
734,755
112,765)
399,754
340,953
393,802
112,7651
Totsl
740,707
458,674
1,199.381
Page 23

Virtualsigrhalure Transaction Rel. PMRX.JZ2T-2A YQ 14 May 2025 13."45."03 BST (UTC *11 D 111 P 26&7
BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
17.
Analysis of net assgts botwo8n funds {continugdl
Analysis of net assgts botwo8n funds - prior period
Restricted Unreslricled
funds
funds
2023
2023
Total
funds
2023
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
91,395
31,577
310,842
112,9631
91,395
772,284
310,842
112,9631
740,707
Total
740,707
420,851
1,161,558
18.
Reconciliation of net movement in funds to net cash flow from operating activities
2024
2023
Nel incomelexpenditure for the period las per Statement of Financial
Acliviliesl
37,823
132,6551
Adjustments for:
Depreciation charges
Revaluation of investments
38,910
70,617
(43,5431
38,330
{1981
58,722
66,994
142,8331
18,7161
15,4731
Dividends, interests and rents from investments
Decreasellincreasel in debtors
Decrease in creditors
Net cash provided by operating activities
141,939
36,039
19.
Analysis of cash and cash equivalents
2024
2023
Cash in hand
672,162
209,919
Total cash and cash equivalents
672,162
209,919
Page 24

Virtualsigrhalure Transaction Rel. PMRX.JZ2T-2A YQ 14 May 2025 13."45".03 BST (UTC *11 D 111 P 27tt7
BRUNSTAD CHRISTIAN CHURCH DIDCOT
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
20.
Analysis of changes in net debt
At1
January
2024 Cash flows
At31
December
2024
Cash at bank and in hand
209.919
462,243
672.162
209.919
462,243
672.162
21.
Related party transactions
In common with many Church organisations, trustees make a significant financial contribution to the
charity. These donations are made as part of normal giving by Church members and it would not be
practical lo quantify the amount donated.
Brunslad Christian Church Didcot {BCCD} has a wholly owned trading subsidiary TCD Business Limited
which made donations of £63,632 12023.. £64,389) to the charitable company in the current accounting
period. At the year end BCCD was owed £8,389 (2023.. £4,515} byTCD Business Limited.
BCCD has a wholly owned trading subsidiary Oxfordshire Enterprises Limited. Al the year end BCCD was
owed £212023.. £21.
22. Controlling party
The ultimate controlling party is the Board of Trustees as detailed on page 1 of the financial statements.
Page 25