2023-12-31-accounts - Christ Church Manchester

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CHRIST CHURCH MANCHESTER

(Company Limited by Guarantee)

Company Registration Number: 06845751 Charity Registration Number: 1128927

Annual Report and Financial Statements 31 December 2023

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CHRIST CHURCH MANCHESTER

Annual Report and Financial Statements 2023 Contents

	Page
Legal and administrative information	3
Annual Report of the Trustees	4
Independent Examiner’s report to the Trustees	8
Statement of Financial Activities	9
Balance Sheet	10
Cash Flow Statement	11
Notes to the Financial Statement	12

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CHRIST CHURCH MANCHESTER

Legal and Administrative Information For the year ended 31 December 2023

Charity Name	Christ Church Manchester.
Charity	1128927. The Church was registered with the Charity Commission on 1 April 2009.
Registration No.
Company	06845751. The Church was established on 13 March 2009.
Registration No.
Affiliations	The Church is a member of the Catalyst group of churches.
Principal Address	Christ Church Manchester, 1 Omer Drive, Manchester, M19 2JN.
The Governing	Memorandum and Articles of Association dated 13 March 2009.
Document
Objects	(a) to advance the Christian faith in accordance with the statement of beliefs in Manchester and in such
	other parts of the United Kingdom or the world as the Trustees from time to	time think fit and to fulfil
	such other purposes which are exclusively charitable according to the law of England and Wales and are
	connected with the charitable work of the charity.
	(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
	Manchester and in such other parts of the United Kingdom or the world as the Trustees from time to
	time may think fit.
Trustees	The Trustees who served during the year and who were serving at the date of this report were:
	Joanna Balmforth
	Eleisha Barrow Appointed 9th January 2024
	Ayotunde Campbell Appointed 9th January 2024
	Adrian Phillips
	Jamie Semple
	Michelle Wilson
	Luke Vinter Appointed 9th January 2024
Key Management	Those in charge of directing, controlling, running and operating the Church on a day to day basis are:
Personnel	● The Trustees
	● Tim Simmonds – Church Elder
	● Colin Baron – Church Elder
Bankers	CAF Bank Limited
	25 Kings Hill Avenue Kings Hill, West Malling
	Kent ME19 4JQ
Independent	John Helm ACA
Examiner	Tandem Accounting Limited 17 Heathville Road
	London N19 3AL

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CHRIST CHURCH MANCHESTER

Annual Report of the Trustees

For the year ended 31 December 2023

The Trustees, who are also the Directors of Christ Church Manchester, submit their annual report and the financial statements of Christ Church Manchester (“the Church”) for the year ended 31 December 2023. The financial statements have been prepared in the format prescribed by the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP2019 (FRS102)) and the Financial Reporting Standard 102. The legal and administrative information set out earlier in this document forms part of this report. This report also constitutes a directors’ report required by section 415 of the Companies Act 2006 as all Trustees of a charity company are directors.

1. Structure, Governance & Management

1.1 Trustees

The Trustees of the Church are responsible for the day to day management of the Church’s business in accordance with the Church’s objects. The Trustees are elected by the Church members. The Trustees meet approximately 4 times per annum to discuss a full range of matters relating to leadership, finance, fabric and general administration of the Church.

The Church maintains Trustee indemnity insurance on behalf of the Trustees.

The induction process for any individual newly-appointed as a Trustee comprises an initial meeting with the chair of the Trustees and receipt of copies of:

the Memorandum and Articles of Association
the most recent financial statements
the Charity Commission’s guidance ‘The Essential Trustee’.

1.2 Church Members

Church Members are the original subscribers to the memorandum and such other persons as are admitted to membership in accordance with the rules made under the Articles of Association.

1.3 Risk Management

The Church’s primary concern and objective is the glory of God. Whilst it is the Church’s policy to trust wholly in the Lord that He will work out His purpose to this end, the Church also acknowledges that it has a responsibility, both as individual members and as a body of members, for the identification and proper management of risks faced by the Church in achieving its primary aim. The Trustees have therefore assessed the major risks to which the Church is exposed, in particular those relating to the specific operational areas of the charity, its investments and its finances. These are outlined in the below table:

Category	Key Risks	Key Mitigants
Safeguarding, Health & Safety	• Major safeguarding incident • Major health and safety incident	• Safeguarding policy maintained with safeguarding officer on staff team and designated safeguarding leads at each site. All volunteers, staff members, leaders and Trustees who have direct contact with children or vulnerable adults are subject to DBS checks. • Risk assessments carried out for Church events and Sunday services; incidents and near misses reviewed at staff and Trustee meetings.
Financial Stability	• Overspending relative to church resources • Sustained reductions in regular giving • Susceptibility to periods of financial stress • Crystallisation of uninsured losses	• Annual budgets prepared in advance and performance against budget monitored monthly via a dashboard accessible to Trustees and church leaders. All expenditure is subject to approval processes. • Income streams are diversified across different Church sites and the importance of giving is regularly taught on. • Maintenance of unrestricted free reserves based on a dynamic policy which reflects the changing risk profile of the Church. • Insurance requirements reviewed annually as part of the renewal process.

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CHRIST CHURCH MANCHESTER

Annual Report of the Trustees

For the year ended 31 December 2023

2. Activities & Strategies

The Church has given due regard to the Charity Commission’s guidance on public benefit. To this end the Church has carried out the following activities during the year:

A variety of weekly meetings and services have been held throughout the year through in-person gatherings, most of which have been open for anyone to attend. Christianity has been advanced through teaching, worship and prayer; faith, love for others, tolerance and generosity are promoted.
During the year, Luther King House in Fallowfield, the Heatons Centre in Heaton Moor, Ladybarn Community Centre in Ladybarn, Broadstone Hall Primary School in Reddish and the Oasis Centre in Gorton were used as the venues of services held each Sunday, all of which have been advertised on the Church website. A-Boards, banners and other signage, positioned outside the respective buildings were used to signpost the Church venues. The Fallowfield site also runs a Spanish-speaking service in order to reach this community within Manchester.
● During the year the Church ran a number of Alpha courses where people of diverse faiths (and no faith) were able to learn about the principles of Christianity and challenged to respond to what they have heard by living wholesome lives which are pleasing to God.
The Church continued its Broadcast ministry – providing theology training and networking opportunities for church plants across the UK and Europe, and its Schools of Theology and Discipleship, which provide for free on a monthly basis training on systematic and biblical theology, and the exploration of spiritual gifts to those who wish to deepen their knowledge of these topics.
The Church has continued to develop its links with church planting activities both nationally and internationally, in line with its Objects. The Church has worked with and helped train pastors and leaders in Uganda and Europe.

3. Achievements and Performance

Attendance at each of the venues has remained stable during the year. A number of people of different faiths have been welcomed into services; several have come at times of crisis and have been offered prayer and emotional support. The Church has been pleased to continue to work with The Oasis Centre to seek to help people they refer. Church members have also donated both time and money to this organisation.

During the year the Church raised significant finance across its two Give Big Sundays (over c. £85,000) of which £30,000 was retained for funding the Church’s Broadcast ministry and internship programmes, and the remainder was restricted to be given away to The Oasis Centre, Life Ministries Trust (a charity working with the poor in Uganda) and churches supporting humanitarian issues in Iraq, or retained to support the Church’s CAP Job Club and the newly established Church Welfare Fund. The majority of these grants were disbursed during the year.

4. Financial Review

4.1 Financial Activity and Financial Position The principal forms of funding are free will offerings of church members and others in attendance and grant funding.

The Statement of Financial Activities and Balance Sheet can be found on pages 9 and 10 respectively. The Church’s total reserves decreased by £46,044 during the year (2022: increased by £20,740 during the year). The balance sheet shows total net assets of £344,056 (2022: £390,100).

Included in total funds are amounts totalling £240,214 (2022: £306,421) which are restricted. These monies have either been raised for, and their use restricted to specific purposes, or they comprise grants subject to grantor-imposed conditions. Full details of these restricted funds can be found in note 8 to the accounts together with an analysis of movements in the year.

4.2 Reserves Policy

The Trustees have examined the requirements for free reserves, i.e. those unrestricted funds not invested in tangible fixed assets. The Trustees consider that, given the nature of the Church’s work, free reserves should cover:

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CHRIST CHURCH MANCHESTER

Annual Report of the Trustees For the year ended 31 December 2023

Staff pay covering contractual notice periods and redundancy payments (£89,240);
1 month venue hire (£4,030);
a fixed sum (£1,000) for urgent help for those on mission/abroad; and
three months of administrative expenses and committed future expenditure on other projects (£2,014); less
a modifier reflecting the Church’s diversity of income streams, set at 20% (reducing the above by £19,257)

This requirement is dynamic based on the changing nature of the Church’s outgoings, and the methodology that underpins the approach is reviewed periodically. The Trustees are of the opinion that this provides sufficient flexibility to cover temporary shortfalls in incoming resources and will allow the Church to cope and respond to unforeseen emergencies whilst specific action plans are implemented. At 31 December 2023 the Church had net free reserves of £102,298 (2022: £82,817) as follows:


	2023 £	2022 £
Total reserves	344,056	390,100
Less: tangible fixed assets	(1,544)	(862)
Less: restricted funds	(240,214)	(306,421)

Free reserves	102,298	82,817


Free reserve requirement	77,027	66,865

At 31 December 2023, and through to the date of the signing of these financial statements, the Church has built up a free reserves surplus. The Church has developed plans to utilise the surplus, which are outlined briefly in section 5.

4.3 Grants Policy

The Church ordinarily aims to make grants equivalent to approximately 10% of its incoming resources to support missionary and charitable endeavours both in the UK and abroad. The policy of the Church is to give grants on the basis that they are subject to annual review and only renewed on the basis of meeting set criteria. During the year the Church made grants of approximately 25% of incoming resources, though a large contributor to this figure was the disbursement of restricted funds raised during 2022.

5. Plans for Future Periods

The Church plans to undertake the same sort of events as mentioned in section 2.

The Church has also advanced its plans to establish further sites in the Denton and Northern Quarter areas of Manchester, and renew its support of church planting activities in Munich. As noted above, the Church has plans to utilise its surplus reserves to fund these activities when restricted funding raised for these activities has been fully utilised.

6. Responsibilities of Trustees for the Financial Statements

The Trustees are responsible for preparing the report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law in England and Wales requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.

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CHRIST CHURCH MANCHESTER

Annual Report of the Trustees For the year ended 31 December 2023

In preparing those financial statements, the Trustees are required to:

select suitable accounting policies and apply them consistently;
observe the methods and principles of the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the activities of the charity will continue.

The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the charity and financial information included in the charity’s website.

7. Approval

The report of the Trustees was approved by the Trustees on 24 September 2024 and signed on its behalf by:

Adrian Phillips Trustee

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CHRIST CHURCH MANCHESTER

Report of the Independent Examiner to the Trustees of Christ Church Manchester For the year ended 31 December 2023

I report on the financial statements of Christ Church Manchester for the year ended 31 December 2023, set out on pages 9 to 22.

This report is made solely to the Trustees in accordance with section 145 of the Charities Act 2011 (the Act). My independent examination has been undertaken so that I might state to the Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by the law, I do not accept responsibility to anyone other than the Church and the Trustees for my independent examination, for this report, or the opinions I have formed.

Respective responsibilities of Trustees and examiner

The Trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (“the 2011 Act”) and that an independent examination is needed. The Church is required by company law to prepare accrued accounts and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.

Having satisfied myself that the Church is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

examine the accounts under section 145 of the 2015 Act);
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2015 Act; and
to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

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

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

John Helm ACA

24 September 2024

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CHRIST CHURCH MANCHESTER

Statement of Financial Activities

(incorporating the Income & Expenditure Account) For the year ended 31 December 2023


	Note	Unrestricted Funds 2023 £	Restricted Funds 2023 £	Total 2023 £	Unrestricted Funds 2022 £	Restricted Funds 2022 £	Total 2022 £
Income from:
Donations and legacies	2	350,308	96,268	446,576	291,787	108,763	400,550
Charitable activities		5,901	-	5,901	14,411	-	14,411
Other trading activities		571	-	571	1,485	-	1,485
Investments		4,172	2,247	6,419	1,151	-	1,151
Other income		-	400	400	-	348	348

Total Income		360,952	98,915	459,867	308,834	109,111	417,945
Expenditure on:	3	-	-	-
Charitable activities		340,789	165,122	505,911	328,751	56,834	385,585
Raisingfunds		-	-	-	11,129	491	11,620

Total Expenditure		340,789	165,122	505,911	339,880	57,325	397,205
		-	-	-
Net income/(expenditure) before tax		20,163	(66,207)	(46,044)	(31,046)	51,786	20,740
Taxpayable	4	-	-	-	-	-	-

Net income/(expenditure) after tax		20,163	(66,207)	(46,044)	(31,046)	51,786	20,740

Total funds brought forward		83,679	306,421	390,100	114,725	254,635	369,360
Total funds carried forward		103,842	240,214	344,056	83,679	306,421	390,100

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CHRIST CHURCH MANCHESTER

Balance Sheet

As at 31 December 2023


	Note	Unrestricted Funds 2023 £	Restricted Funds 2023 £	Total 2023 £	Unrestricted Funds 2022 £	Restricted Funds 2022 £	Total 2022 £

Fixed Assets
Tangible assets	5	1,544	-	1,544	862	-	862

Current Assets
Debtors	6	49,853	-	49,853	36,867	-	36,867
Cash at bank and in hand		61,259	240,214	301,473	55,582	306,421	362,003
		111,112	240,214	351,326	92,449	306,421	398,870

Creditors - Amounts Falling Due Within One Year	7	8,814	-	8,814	9,632	-	9,632
Net Current Assets		102,298	240,214	342,512	82,817	306,421	389,238

Net Assets	8	103,842	240,214	344,056	83,679	306,421	390,100

Represented by:
Restricted Funds	9	-	240,214	240,214	-	306,421	306,421
Unrestricted Funds		103,842	-	103,842	83,679	-	83,679

Total Income Funds		103,842	240,214	344,056	83,679	306,421	390,100

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 31 December 2023 and no notice requiring an audit has been deposited under section 476.

The Trustees acknowledge their responsibilities for:

ensuring that the company keeps accounting records which comply with section 386 of the Companies Act 2006
● preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial period and of its profit or loss for the financial period 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 is applicable to the company.

The financial statements were approved by the Trustees on 24 September 2024 and signed on its behalf by:

Jamie Semple Trustee

Company number: 684575

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CHRIST CHURCH MANCHESTER

Cash Flow Statement

For the year ended 31 December 2023


	Unrestricted Funds 2023 £	Restricted Funds 2023 £	Total 2023 £	Unrestricted Funds 2022 £	Restricted Funds 2022 £	Total 2022 £
Cash flows from operating activities
Net income/(expense)for theyear	20,163	(66,207)	(46,044)	(31,046)	51,786	20,740

Adjustments for:
Investment income received	(4,172)	-	(4,172)	(1,151)	-	(1,151)
Depreciation of fixed assets	1,370	-	1,370	2,182	-	2,182
Increase in debtors	(12,986)	-	(12,986)	(9,577)	-	(9,577)
Increase in creditors	(818)	-	(818)	5,042	-	5,042
Net cash flows from operating activities	3,557	(66,207)	(62,650)	(34,550)	51,786	17,236

Cash flows used in investing activities
Investment income received	4,172	-	4,172	1,151	-	1151
Purchase of fixed assets	(2,052)	-	(2,052)	(529)	-	(529)
Net cash flows from investing activities	2,120	-	2,120	622	-	622

Net increase in cash and cash equivalents	5,677	(66,207)	(60,530)	(33,928)	51,786	17,858

Cash and cash equivalents at the beginning of theyear	55,582	306,421	362,003	89,510	254,635	344,145
Cash and cash equivalents at the end of theyear	61,259	240,214	301,473	55,582	306,421	362,003

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CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2023

1. Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Basis of accounting

The financial statements have been prepared under the Charities Act 2011, The Companies Act 2006 and in accordance with the Charities Statement of Recommended Practice (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102). The financial statements are drawn up on the historical cost basis of accounting.

The accounts are prepared in sterling, which is the main functional currency of the Church. Monetary amounts disclosed within the financial statements are rounded to the nearest £.

The financial statements include all transactions, assets and liabilities for which the Church is responsible in law. They do not include the accounts of church groups that owe an affiliation to another body or those that are informal gatherings of Church members.

The Church meets the definition of a public benefit entity under FRS 102.

Key accounting judgements and sources of estimation uncertainty

The trustees have made no key judgments which have a significant effect on the accounts, and do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

Going Concern

The Trustees have reviewed the impacts of the cost of living crisis on the Church’s operations and the reduction in free unrestricted reserves during 2023; at the time of publishing of these financial statements, these reserves have grown modestly. Having also reviewed the Elders’ plans for the activities of the Church for the year ahead, the Trustees are satisfied that there are no material uncertainties in relation to going concern and the financial statements have been prepared on the going concern basis.

Income recognition

Voluntary income and donations (including legacies) are accounted for once the Church has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be reliably measured. Income from the recovery of tax on gift aided donations is accounted for in the period to which the relevant donation is received. Grant income is recognised on a receivable basis.

Interest on funds 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 bank.

Expenditure recognition

Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. Longer term liabilities are discounted to present value. The Church is not registered for VAT and accordingly expenditure includes VAT where appropriate.

Charitable expenditure includes those costs in fulfilling the Church’s principal objects, as outlined in the Report of the Church. These include grants payable, governance costs and an apportionment of support costs.

Grants payable are payments made to third parties in furtherance of the Church’s objects. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the grant. Grants awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the Church.
Governance costs comprise all costs involving the public accountability of the Church and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees.

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CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2023

The Church pays pension contributions into defined contribution personal pension plans and contributions payable to the schemes are accounted for on an accruals basis.

Tangible fixed assets

The cost of furniture, fittings and equipment (where £500 or more) is capitalised. The cost, less any expected residual value, is depreciated on a straight line basis over the effective useful life of the asset, which has been estimated as three years.

Debtors

Debtors are included at the settlement amount due. Prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of opening of the deposit.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount.

Financial instruments

The Church only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Fund accounting

The funds held by the charity are either:

Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.
Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

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CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2023

2. Income


		Unrestricted Funds 2023 £		Restricted Funds 2023 £	Total 2023 £	Unrestricted Funds 2022 £	Restricted Funds 2022 £	Total 2022 £
Donations and legacies
	Offerings and donations	293,852		77,090	370,942	247,866	89,471	337,337
	Income tax reclaimed	56,456		13,588	70,044	43,921	13,982	57,903
	Grants	-		5,590	5,590	-	5,310	5,310
		350,308		96,268	446,576	291,787	108,763	400,550
Charitable activities
	Conference income	5,901		-	5,901	14,411	-	14,411

Other trading activities
	Book income		136	-	136	635	-	635
	Music revenue		435	-	435	850	-	850
			571	-	571	1,485	-	1,485

Investments
	Bank interest		4,172	2,247	6,419	1,151	-	1,151

Other income			-	400	400	-	348	348

			360,952	98,915	459,867	308,834	109,111	417,945

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CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2023

3. Expenditure

3a Expenditure on Charitable Activities

	Unrestricted Funds 2023 £	Unrestricted Funds 2023 £	Restricted Funds 2023 £	Total 2023 £	Unrestricted Funds 2022 £		Restricted Funds 2022 £	Restricted Funds 2022 £	Total 2022 £
Provision of Church Leaders
	Gross salary	201,159	29,050	230,209	187,156		18,190		205,346
	Employers National Insurance	16,401	2,486	18,887	15,972		1,539		17,511
	Employer Allowance	(5,000)	-	(5,000)	(5,000)		-		(5,000)
	Pension contributions	20,963	3,225	24,188	19,304		5,713		25,017
	Statutory payrecovered	-	-	-	(313)		-		(313)
		233,523	34,761	268,284	217,119		25,442		242,561
Church Life & Outreach
	Advertising & website	2,792	819	3,611	3,740		2,659		6,399
	Evangelism,outreach & wider church	2,705	2,235	4,940	1,617		390		2,007
	Training & conferences	10,871	4,111	14,982	6,756		131		6,887
	Children & youth (incl child protection)	5,561	-	5,561	5,239		95		5,334
	Membership & community	3,074	-	3,074	2,960		19		2,979
	Organisations & events	7,986	5,104	13,090	23,720		5,759		29,479
	Visiting speakers	960	-	960	200		-		200
	Catering & refreshments	4,617	-	4,617	3,728		81		3,809
	Music (incl equipment & licences)	2,070	-	2,070	2,121		-		2,121
	Grants &gifts(see note below)	1,000	114,046	115,046	3,415		16,285		19,700
	Expenses-telephony costs	-	-	-	309		-		309
	Expenses-domestic travel	6,108	284	6,392	3,539		17		3,556
	Expenses-international travel	2,599	1,203	3,802	3,730		-		3,730
	Expenses - subsistence	1,525	25	1,550	1,495		-		1,495
		51,868	127,827	179,695	62,569		25,436		88,005

Provision of venues, facilities, equipment & transport
	Hall hire	38,639	-	38,639	33,371	2,100		35,471
	Small equipment/equipment repairs	2,222	629	2,851	3,209	1,954		5,163
	Depreciation	1,370	-	1,370	2,182	-		2,182
		42,231	629	42,860	38,762	4,054		42,816
Office Costs
	Organisational subscriptions (incl data protection)	385	-	385	108	-		108
	Printing, stationery, postage & telephone	321	-	321	144	336		480
	Office equipment & software	4,757	1,905	6,662	2,576	1,566		4,142
	Insurance	1,703	-	1,703	1,593	-		1,593
	Payroll services	1,251	-	1,251	1,201	-		1,201
	Bank charges	1,411	-	1,411	1,326	-		1,326
	Other	-	-	-	127	-		127
		9,828	1,905	11,733	7,075	1,902		8,977
Governance
	Professional fees (incl independent examination)	1,170	-	1,170	1,160	-		1,160
	Staff costs	2,169	-	2,169	2,066	-		2,066
		3,339	-	3,339	3,226	-		3,226

		340,789	165,122	505,911	328,751	56,834		385,585

Doc ID: 4a68d59f4785b63197c6e118b268fe3c398e0110

CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2023

3b Expenditure on raising funds


		Unrestricted Funds 2023 £	Restricted Funds 2023 £	Total 2023 £	Unrestricted Funds 2022 £	Restricted Funds 2022 £	Total 2022 £
Musicproduction
	Staff costs	-	-	-	7,714	-	7,714
	Production costs	-	-	-	337	-	337
	Advertisingandpromotion	-	-	-	-	-	-
	Training	-	-	-	935	235	1,170
	Administration	-	-	-	78	-	78
		-	-	-	9,064	235	9,299
Bookproduction
	Production costs	-	-	-	2,065	256	2,321
		-	-	-	2,065	256	2,321

		-	-	-	11,129	491	11,620

3c Staff Costs

Included within Expenditure on Charitable Activities and Expenditure on Raising funds are the following staff costs:


		2023	2022
		£	£
	Gross salaries	232,378	205,346
	Employers National Insurance	18,887	17,511
	Employer Allowance	(5,000)	(5,000)
	Pension contributions	24,188	25,017
	Statutory payrecovered	-	(313)
		270,453	242,561

Of which the following salaries and pension contributions were in relation to Key Management Personnel:
	Gross salary	67,995	74,240
	Pension contributions	7,207	11,695
		75,202	85,936

Doc ID: 4a68d59f4785b63197c6e118b268fe3c398e0110

CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2023

3c Staff Costs (continued)


The average number of employees duringtheyear		2023	2022
		Number	Number
	Full time workers	4	3
	Part time workers	9	11
	Total	13	14
	Equiv FTE	7.2	7.0

No employee received emoluments in excess of £60,000 during the year.

3d Gifts and grants

Included within Expenditure on Charitable Activities are the following gifts and grants:


		Unrestricted Funds	Restricted Funds	Total	Unrestricted Funds	Restricted Funds
		2023	2023	2023	2022	2022
		£	£	£	£	£

To organisations:
	Catalyst	-	-	-	715	9,285
	Hope for Communities	-	14,950	14,950	-	-
	Kings Church Manchester	-	-	-	200	-
	Ladybarn CommunityHub	-	-	-	2,500	-
	Life Ministries Trust	-	50,601	50,601	-	-
	NewdayGeneration UK	1,000	-	1,000	-	-
	Northern Gospel Project	-	5,000	5,000	-	5,000
	The Message Trust	-	-	-	-	2,000
	The Oasis Centre	-	39,950	39,950	-	-
To individuals:
	Individuals in need	-	3,545	3,545	-	-

		1,000	114,046	115,046	3,415	16,285

Doc ID: 4a68d59f4785b63197c6e118b268fe3c398e0110

CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2023

4. Taxation

As a charity, the Church is exempt from tax on income and gains falling within the provisions of the Corporation Taxes Act 2010 or the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen on the Charity.

5. Tangible Fixed Assets


		Fixtures, Fittings and Equipment	Fixtures, Fittings and Equipment
		2023	2022
		£	£
Cost
	At 1January	20,028	19,499
	Additions	2,052	529
	Disposals	-	-

	As at 31 December	22,080	20,028

Depreciation
	At 1January	19,166	16,984
	Charge foryear	1,370	2,182
	Disposals	-	-

	As at 31 December	20,536	19,166

Net Book Value
	At 1January	862	2,515

	As at 31 December	1,544	862

All of the fixed assets are used for charitable purposes.

Doc ID: 4a68d59f4785b63197c6e118b268fe3c398e0110

CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2023

6. Debtors


	2023	2022
	£	£

Prepayments	9,966	7,738
Gift Aid receivable	39,887	27,956
Other debtors	-	1,173

	49,853	36,867

7. Creditors - Amounts Falling Due Within One Year


	2023	2022
	£	£

Accruals	6,180	5,833
Other creditors	2,634	3,044
Deferred income	-	755

	8,814	9,632

Doc ID: 4a68d59f4785b63197c6e118b268fe3c398e0110

CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2023

8. Restricted Funds

8a Current year

8a Current year

	At 1 January				At 31 December
	2023	Income	Expenditure	Transfers	2023
	£	£	£	£	£

Andy Brownlee Gifts	419	100	(140)	-	379
Building Fund	175,000	2,247	-	-	177,247
Colin Baron Grants	294	3,360	(3,114)	-	540
Give Big- Projects(2021)	44,679	-	(15,183)	-	29,496
Give Big-Projects (2022)	12,654	-	(8,505)	-	4,149
Give Big-Poor (2022)	73,375	2,750	(60,000)	(16,125)	-
Give Big- Projects(2023)	-	31,602	(25,935)	-	5,667
Give Big- Poor(2023)	-	53,150	(44,743)	(2,715)	5,692
Job Club	-	-	(1,811)	7,500	5,689
Project 23 Grant	-	1,630	(975)	-	655
Student Outreach Fund	-	1,000	(411)	-	589
Welfare Fund	-	3,076	(4,305)	11,340	10,111


	306,421	98,915	(165,122)	-	240,214

During the year, funding was raised through Give Big special offerings for the purpose of funding the Church’s Job Club and Welfare Fund. Accordingly, transfers were made between these restricted funds.

8b Previous year


	At 1 January				At 31 December
	2022	Income	Expenditure	Transfers	2022
	£	£	£	£	£

AndyBrownlee Gifts	485	-	(66)	-	419
Broadcast	1,971	-	(1,971)	-	-
Building Fund	175,000	-	-	-	175,000
Colin Baron Grants	5,294	5,658	(10,658)	-	294
Give Big- Projects(2021)	62,600	-	(17,921)	-	44,679
Give Big-Poor (2021)	9,285	-	(9,285)	-	-
Give Big-Projects (2022)	-	30,078	(17,424)	-	12,654
Give Big- Poor(2022)	-	73,375	-	-	73,375


	254,635	109,111	(57,325)	-	306,421

Doc ID: 4a68d59f4785b63197c6e118b268fe3c398e0110

CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2023

8. Restricted Funds (continued)

Descriptions of the main restricted funds are as follows:

Andy Brownlee Gifts. Funding received specifically towards the expenses of Andy Brownlee (one of the pastors employed by the Church).

Broadcast. Funding received from the Catalyst Network of Churches specifically towards the development of the Church’s Broadcast initiative (church planting training delivered by webcast and other electronic means), and other materials to support those involved in church planting.

Building Fund. Funding received specifically for the prospective purchase or long term lease of a Church building.

Colin Baron Grants. Funding received specifically towards the remuneration and travel expenses of Colin Baron (one of the Key Management Personnel).

Give Big - Poor (2021). Funding raised in 2021 specifically towards the provision of grants to The Oasis Centre in Gorton, churches in the Ukraine (being the same beneficiaries for whom funding was raised in 2019 and 2020), as well as Life Ministries Trust, a charity working with the poor primarily in Uganda and Rwanda. The funds raised for the Ukrainian churches were intended to be granted during early 2022, however following the invasion of Ukraine by the Russian Federation during early 2023, the Church was unable to remit funds to the churches it had previously worked with given these churches were primarily in contested areas of Ukraine. Following discussions with the Trustees, Church attendees were informed that the funds would be redirected to a church in Poland that was supporting Ukrainian war refugees.

Give Big - Projects (2021) . Funding raised in 2021 specifically towards the new site-planting initiatives outlined in section 5 of the Trustee’s Report.

Give Big - Poor (2022). Funding raised in 2022 specifically towards the provision of grants to The Oasis Centre, Life Ministries Trust and Hope for Communities (a small charity working primarily with refugees in the Kurdish region of northern Iraq), as well as supporting establishment of the Church’s new Welfare Fund (established to relieve poverty of those Church attendees most affected by the cost of living crisis) and funding the Church’s Job Club (established in late 2023 in partnership with Christians Against Poverty).

Give Big - Projects (2022). Funding raised in 2022 specifically towards supporting the Church’s training programmes (Broadcast, School of Theology and School of Ministry - subsequently rebranded School of Discipleship), the setting up of the Northern Gospel Powerhouse (a inter-church initiative supporting church planting across the North of England), and the running of Festival Manchester (an evangelistic campaign organised by the Message Trust during the summer of 2023).

Give Big - Poor (2023). Funding raised in 2023 specifically towards the provision of grants to The Oasis Centre, Life Ministries Trust and Hope for Communities (a small charity working primarily with refugees in the Kurdish region of northern Iraq), as well as supporting the Church’s new Welfare Fund (established to relieve poverty of those Church attendees most affected by the cost of living crisis). The grants to be drawn from this fund were outstanding at the balance sheet date.

Give Big - Projects (2023). Funding raised in 2023 specifically towards intern training, Northern Gospel Powerhouse, and the Broadcast initiative.

Job Club - Funding received specifically towards the CCM Job Club, which helps job seekers gain the tools, skills and confidence to step back into employment.

Project 23 Grant - Funding received specifically towards the running of a Christian training and worship conference for young adults.

Student Outreach Fund . Funding received in 2023 from the Just Sow organisation specifically towards the funding of student outreach and evangelism activities.

Welfare Fund . Funding received specifically towards the relief of poverty of those Church attendees most affected by the cost of living crisis.

9. Related Party Transactions

Doc ID: 4a68d59f4785b63197c6e118b268fe3c398e0110

CHRIST CHURCH MANCHESTER

Notes to the Financial Statements

For the year ended 31 December 2023

Colin Baron, one of the key management personnel, received gross remuneration of £28,565 (2022: £36,684) and pension contributions of £3,264 (2022: £7,940) during the year in his employed capacity of Church Elder and New Frontiers Representative.

Tim Simmonds, one of the key management personnel, received gross remuneration of £39,430 (2022: £37,556) and pension contributions of £3,943 (2022: £3,755) during the year in his employed capacity of Church Elder.

The aggregate donations made by Trustees was £27,600 (2022: £31,345).

Arlo Accountancy Limited (company number 10997645), a company solely owned by Adrian Phillips, a trustee of the Church, received reimbursement of £190 (2022: £180) in relation to the provision of discounted accounting software.

10. Members Funds

The company is a private company limited by guarantee with no share capital. The liability of the members is limited to £10.

Doc ID: 4a68d59f4785b63197c6e118b268fe3c398e0110