VINE EVANGELICAL CHURCH (SEVENOAKS) (A COMPANY LIMITED BY GUARANTEE)
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
CHARITY REGISTRATION No: 1128970 COMPANY REGISTRATION No: 06821266
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| VINE EVANGELICAL CHURCH (SEVENOAKS) | |
|---|---|
| (A COMPANY LIMITED BY GUARANTEE) | |
| CONTENTS | |
| Page 3 | Legal & Administrative Information. |
| Pages 4 to 5 | Report of the Trustees. |
| Page 6 | Statement of Financial Activities. |
| Page 7 | Balance Sheet. |
| Pages 8 to 13 | Notes to the Financial Statements. |
| Page 14 | Independent Examiners Report on the Accounts. |
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VINE EVANGELICAL CHURCH (SEVENOAKS) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 DECEMBER 2024
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER
1128970
COMPANY REGISTRATION NUMBER
6821266
START OF FINANCIAL YEAR
1st January 2024
END OF FINANCIAL YEAR
31st December 2024
DIRECTORS THAT SERVED DURING THE YEAR TO 31ST DECEMBER 2024
C Stiven G Tainio R Hancock G Newholm A Grüneberg (resigned 19th February 2025) M Reynolds (resigned 2nd July 2024)
COMPANY SECRETARY
C Stiven
REGISTERED ADDRESS
Vine Evangelical Church Hitchen Hatch Lane Sevenoaks Kent TN13 3AT
GOVERNING INSTRUMENT
Memorandum and Articles of Association dated 17th February 2009.
PRIMARY BANKERS
CAF Bank
INDEPENDENT EXAMINER
Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF
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VINE EVANGELICAL CHURCH (SEVENOAKS) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 DECEMBER 2024
The Directors have pleasure in submitting their report and financial statements for the year ended 31st December 2024.
Objects of the charity
The Company seeks to demonstrate the Christian faith in action by being a church in the Sevenoaks area.
Governance
The policy and operating decisions of the charity rest with the Directors who meet regularly to monitor the activities of the charity.
Review of Activities
A church is not just a company or a building, but a gathering of ordinary people of different ages and backgrounds, whose lives have been changed by Jesus Christ, the Son of God. 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. The leaders and members of Vine Evangelical Church (Sevenoaks) are committed to the restoration of those New Testament principles. We are not alone in this, but are one of many churches in the area, the country and all over the world that are re-discovering the excitement of knowing Jesus Christ. The vision is to see the people of Sevenoaks District come into this experience of knowing Jesus as their Lord, Saviour and friend.
Although only incorporated as a company in 2009, Vine Evangelical Church (Sevenoaks) ("VEC") has inherited and carries on the rich tradition of the church community that has been meeting in its current premises for some 150 years. VEC regularly carries out and/or participates in activities with a view to achieving this vision, including weekly worship services with crèche and Sunday Club activities, youth club meetings and outings, mid-week home groups, men's and women's fellowship groups, Bible studies and teaching.
VEC’s activities during 2024 have broadly returned to the pre-COVID pattern, with the Tuesday morning mother and toddler group replaced by a ‘warm space’ drop-in centre. Physical meetings for worship, teaching, prayer and fellowship continue, and numbers are beginning to increase. We continue to offer online participation via Zoom, and sermons are published to YouTube.
During 2024 VEC continued to provide office space free of charge for the use of Sevenoaks Area Youth Trust (SAYT), and to make its premises available free of charge to the Sevenoaks Branch of Crosslight (formerly West Kent Debt Advice), and to the Sevenoaks Child Contact Centre. The two latter organisations are staffed by volunteers from local churches including VEC, and all of them provide services to the public free of charge. In addition, VEC serves as the registered office for Sevenoaks Welcomes Refugees and makes its premises available free of charge for their meetings. SAYT and the Contact Centre kindly made voluntary donations in lieu of rent.
VEC continues to help support financially a small number of Commended Workers – members or former members of the church who are engaged in full time Christian ministry in the UK and/or abroad, and who rely on donations from a wide range of supporters, both individual and institutional, including VEC. Finally, VEC is pleased to be one of the local churches participating in the governance of Trinity School, a Christian free school in Sevenoaks that opened in September 2013, and our pastor is on the board of directors of its governing body.
Financial Review
Incoming resources for the year under review amounted to £103,638, an increase of £15,686 or nearly 18% over the previous year. Expenditure for the period at £128,636 was only 3.4% higher than the previous year. The resulting deficit of £24,998 represented a 31.4% improvement over the previous year’s deficit.
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VINE EVANGELICAL CHURCH (SEVENOAKS) (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 DECEMBER 2024
Directors' Responsibilities
Charity law requires us as directors to prepare financial statements for each accounting year which give a true and fair view of the state of the charity and of its income and expenditure for the year. This requires us to
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Select suitable accounting policies and apply them consistently
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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 accounts.
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Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business.
We are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable us to ensure that the financial statements comply with the Companies Act 2006. We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities. The trustees are conscious of the fact that that recent deficits have eaten into reserves but continue to be confident that these are sufficient to meet fixed expenses for the 12 months from the signing of these accounts.
Reserves Policy
It is the policy of the charity that unrestricted funds should be maintained at a level equivalent to a minimum of six months’ expenditure, which would have amounted to £64,318 for the year under review. The directors consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. Unrestricted reserves at the end of the year were £90,664 which would cover approximately 8.5 months’ expenditure. The trustees do not consider that reserves at this level are excessive in view of the recent succession of annual deficits, and measures have been taken to restrain or reduce expenditure during 2025.
Approval
Approved by the Directors and signed on their behalf on 2025 by:
C D Stiven
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VINE EVANGELICAL CHURCH (SEVENOAKS) (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
Incorporating income and expenditure account
| Notes Donations and Legacies 3a Charitable Activities 3b Trading Activities 3c Investments 3d TOTAL INCOME EXPENDITURE ON: Charitable Activities 4 TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) Total Funds Brought Forward Transfer between funds 5 INCOME AND ENDOWMENTS FROM: TOTAL FUNDS CARRIED FORWARD |
Unrestricted Designated Restricted TOTAL TOTAL Funds Funds Funds 2024 2023 £ £ £ £ £ 64,129 16,161 625 80,915 70,625 - - - - - 17,781 - - 17,781 15,571 4,942 - - 4,942 1,756 86,852 16,161 625 103,638 87,952 105,143 22,880 613 128,636 124,369 105,143 22,880 613 128,636 124,369 (18,292) (6,719) 12 (24,998) (36,417) 30,439 85,000 223 115,662 152,079 (6,719) 6,719 - - - 5,429 85,000 235 90,664 115,662 |
|---|---|
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 8 to 13 form part of these financial statements.
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VINE EVANGELICAL CHURCH (SEVENOAKS)
(A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET
AS AT 31 DECEMBER 2024
| Note Fixed Assets Tangible assets 2 Current Assets Debtors 7 Cash at bank and in hand 6 Total Current Assets 8 NET CURRENT ASSETS TOTAL ASSETSless current liabilities NET ASSETS Funds of the Charity 5 General Funds Designated Funds Restricted Funds Total Funds Creditors: amounts falling due within one year |
Unrestricted Restricted 31-Dec-24 31-Dec-23 Funds Funds Total Total £ £ £ £ 266 - 266 523 3,689 - 3,689 3,451 87,554 235 87,789 112,708 91,243 235 91,478 116,159 1,080 - 1,080 1,020 90,163 235 90,398 115,139 90,429 235 90,664 115,662 90,429 235 90,664 115,662 5,429 - 5,429 30,439 85,000 - 85,000 85,000 - 235 235 223 90,429 235 90,664 115,662 |
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For the year ending 31st December 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS102 SORP.
Approved by the Directors on …………………………………….…… and
Signed on their behalf by ………………………………………..., C Stiven, Director
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VINE EVANGELICAL CHURCH (SEVENOAKS) (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES
Basis of Preparation
The financial statements have been prepared on the historical cost basis of accounting in accordance with the Charities Act 2011 and in accordance with applicable accounting standards. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice - "Accounting and Reporting by Charities" (SORP 2019). The accounts have been prepared on an ongoing concern basis. The charity meets the definition of a public benefit entity under FRS102.
Advantage has been taken of Section 396(5) of The Companies Act 2006 to allow the format of the financial statements to be adapted to reflect the special nature of the charity's operation and in order to comply with the requirements of the
The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement.
Changes in Accounting Policies and Previous Accounts
There has been no change to the accounting policies (variation rules and methods of accounting) since last year.
Preparation of accounts on a going concern basis
Preparation of the accounts is on a going concern basis. The Trustees are of the view that the level of reserves will support the charity going forward.
Income
Recognition of Income
These are included in the Statement of Financial Activities (SOFA) when:
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the charity becomes entitled to the resources;
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the trustees are virtually certain they will receive the resources; and
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the monetary value can be measured with sufficient reliability.
Income with Related Expenditure
Where income has a related expenditure (as with fundraising or contract income) the income and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax Reclaims on Donations and Gifts
Income from tax reclaims are included in the SOFA in the same financial period as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services have been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer Help
The value of any voluntary help received is not included in the accounts but is described in the Trustees' annual report.
Government Grants
The charity did not receive any government grants during the financial year.
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VINE EVANGELICAL CHURCH (SEVENOAKS) (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES (continued)
Expenditure
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the Trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.
Funds
Unrestricted Funds
These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities.
Designated Funds
Designated funds are funds that the Trustees have reserved for specific purposes. Although these are in principle unrestricted funds, these funds may only be expended on the specific purpose designated by the Trustees.
Restricted Funds
These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of the regular appeals for special offerings made for specific purposes.
Assets and Liabilities
Fixed Assets
These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or, if gifted, at the value to the charity on receipt.
Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a straight line basis over their estimated useful lives charged to the SOFA. The rates applied per annum are as follows:
| Equipment | Between | 15% and 33% | |||
|---|---|---|---|---|---|
| Land & Building | 2% | ||||
| 2. TANGIBLE FIXED ASSETS | Church | Motor | Equipment & | ||
| Building | Vehicles | Fittings | TOTAL | ||
| Title No: | |||||
| 362530 | |||||
| £ | £ | £ | £ | ||
| Cost | 01-Jan-24 | 2,000 | - | 32,383 | 34,383 |
| Additions | - | - | - | - | |
| Cost at | 31-Dec-24 | 2,000 | - | 32,383 | 34,383 |
| Depreciation | 01-Jan-24 | 2,000 | - | 31,860 | 33,860 |
| Charge | - | - | 257 | 257 | |
| Depreciation at | 31-Dec-24 | 2,000 | - | 32,117 | 34,117 |
| Net Book Value | 31-Dec-24 | - | - | 266 | 266 |
| Net Book Value | 31-Dec-23 | - | - | 523 | 523 |
The Church property was transferred to the ownership of Vine Evangelical Church (Sevenoaks) in July 2012 by the previous owners of Vine Hall Trust at depreciated historic cost. The property was originally acquired in 1971 for £2,000, resulting in depreciation over the subsequent 49 years of £1,960 with the final charge being made in 2020. The building insurance value provided by the Insurer at 31st January 2024 was £1,979,908 and at 31st January 2025 was £2,098,703.
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VINE EVANGELICAL CHURCH (SEVENOAKS) (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2024
| Notes 3. INCOME AND ENDOWMENTS FROM: a) Donations and Legacies Gift Aid Donations Legacies Non Gift Aid Donations Tax Reclaimed b) Charitable Activities Other Charitable Activities c) Trading Activities Premises Hire d) Investments Bank Interest 4. EXPENDITURE ON: b) Charitable Activities Direct Charitable Costs Staff Costs 9 Commended Workers VEC Fellowship Events(Note: 2021: refunds) Youth Ministry Professional Services Ministry Expenses Outreach and Mission Grants Payable Social Care Support & Administration Administrative Expenses Utilities Insurance Depreciation Property & Equipment Building Works Governance Costs |
Unrestricted Designated Restricted TOTAL TOTAL Funds Funds Funds 2024 2023 £ £ £ £ £ 46,335 11,672 460 58,467 50,666 - - - - - 6,221 1,568 50 7,839 7,280 11,572 2,922 115 14,609 12,679 64,129 16,161 625 80,915 70,625 - - - - - - - - - - 17,781 - - 17,781 15,571 17,781 - - 17,781 15,571 4,942 - - 4,942 1,756 4,942 - - 4,942 1,756 74,718 - - 74,718 70,461 - 15,960 - 15,960 15,360 - - - - 184 156 - - 156 897 1,400 - - 1,400 877 4,831 - - 4,831 5,410 - 6,920 - 6,920 6,311 - - 613 613 2,802 - - - - 400 3,458 - - 3,458 2,976 6,871 - - 6,871 9,006 1,552 - - 1,552 1,385 257 - - 257 257 10,820 - - 10,820 6,973 - - - - - 1,080 - - 1,080 1,070 105,143 22,880 613 128,636 124,369 |
|---|---|
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VINE EVANGELICAL CHURCH (SEVENOAKS) (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2024
5. ANALYSIS OF FUNDS - CURRENT PERIOD
| CURRENT PERIOD | ||
|---|---|---|
| Balance Balance 01-Jan-24 Income Expenditure Transfers 31-Dec-24 £ £ £ £ £ |
||
| UNRESTRICTED FUNDS | 30,439 86,852 (105,143) (6,719) 5,429 |
|
| DESIGNATED FUNDS | ||
| Emergency Maintenance Fund | 25,000 - - - 25,000 |
|
| Building Works Fund | - - - - - |
|
| Mission Fund | - - - - - |
|
| Other Mission Fund | - 16,161 (22,880) 6,719 0 |
|
| Future Ministry Support Fund | 60,000 - - - 60,000 |
|
| 85,000 16,161 (22,880) 6,719 85,000 |
||
| RESTRICTED FUNDS | ||
| Hardship Fund | 261 587 (613) - 235 |
|
| Mission Support | (38) 38 - - |
|
| 223 625 (613) - 235 |
||
| TOTALS | 115,662 103,638 (128,636) - 90,664 |
|
| 5. ANALYSIS OF FUNDS - PREVIOUS | PERIOD PREVIOUS PERIOD |
|
| Balance Balance 01-Jan-23 Income Expenditure Transfers 31-Dec-23 £ £ £ £ £ |
||
| UNRESTRICTED FUNDS | 67,218 70,696 (99,496) 7,979 - 30,439 |
|
| DESIGNATED FUNDS | ||
| Emergency Maintenance Fund | 25,000 - - - 25,000 |
|
| Other Mission Fund | - | 139 14,231 (22,071) 7,979 - |
| Future Ministry Support Fund | 60,000 - - - 60,000 |
|
| 84,861 14,231 (22,071) 7,979 85,000 |
||
| RESTRICTED FUNDS | ||
| Hardship Fund | - 1,913 (1,652) - 261 |
|
| Mission Support | - 1,112 (1,150) - 38 - |
|
| - 3,025 (2,802) - 223 |
||
| TOTALS | 152,079 87,952 (124,369) - 115,662 |
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VINE EVANGELICAL CHURCH (SEVENOAKS)
(A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2024
6. CASH AT BANK AND IN HAND
| 6. CASH AT BANK AND IN HAND | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| Fund | Fund | 31-Dec-24 | 31-Dec-23 | |
| £ | £ | £ | £ | |
| Current Account | 4,296 | 235 | 4,531 | 3,366 |
| Deposit Account | 9,218 | - | 9,218 | 8,934 |
| Flagstone Account | 74,040 | - | 74,040 | 100,408 |
| 87,554 | 235 | 87,789 | 112,708 | |
| 7. DEBTORS AND PREPAYMENTS | ||||
| Accrued Income: Gift Aid tax | Unrestricted Funds £ 3,689 |
Restricted Funds £ - |
Total 31-Dec-24 £ 3,689 |
Total 31-Dec-23 £ 3,151 |
| Security Deposit | - | - | - | - |
| Staff Loan | - | - | - | 300 |
| 3,689 | - | 3,689 | 3,451 | |
| 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| Independent Examiners Fees | Unrestricted Fund £ 1,080 |
Restricted Fund £ - |
Total 31-Dec-24 £ 1,080 |
Total 31-Dec-23 £ 1,020 |
| 1,080 | - | 1,080 | 1,020 |
9. STAFF COSTS AND NUMBERS
| The charity operates a PAYE scheme, as detailed below: Gross Salaries Employer's National Insurance Costs Employer's Pension Contributions Employer's Allowance Other Staff Costs (Rent and Rates as part of remuneration package) Employees were engaged in the following activities: Activities in furtherance of organisation's objects |
2024 2023 £ £ 69,485 64,736 6,940 6,423 3,474 3,325 (5,181) (6,423) 2,400 74,718 70,461 2024 2023 TOTAL TOTAL 1.5 1.5 |
|---|---|
No employees received emoluments in excess of £60,000.
The key management personnel of the charity are considered to be the Trustees. No Trustees received remuneration.
In the 2023 financial year the Church Pastor was provided with manse accommodation as a part of their remuneration package and in accordance with a formal tenancy agreement. As the landlord, the Church paid the rent, council tax, water and sewerage charges totalling £2,400 relating to the Manse in 2023 (2022: £26,459). The manse accommodation agreement was terminated in February 2023 and the rental deposit returned to the charity.
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VINE EVANGELICAL CHURCH (SEVENOAKS) (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
10. DIRECTORS AND OTHER RELATED PARTIES
One director is also a director of Sevenoaks Christian Counselling Service, to whom the church made donations during the year totalling £2,520 (2023: £2,916). This is also included in Outreach & Mission in Note 4.
A second director and his spouse are employees (but not directors) of ReachAcross (UK), to whom the church made donations during the year totalling £7,980 (2023: £7,680) which is included in Commended Workers in Note 4.
Other than this, no payments were made to directors or any persons connected with them during this financial period. No material transaction took place between the organisation and a director or any person connected with them.
During the year, directors and related persons made donations to the charity totalling £21,540 (2023: £21,229). There were no conditions attached to these donations.
11. RISK ASSESSMENT
The directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
12. RESERVES POLICY
The directors have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The directors will endeavour not to set aside funds unnecessarily.
13. PUBLIC BENEFIT
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the report of the directors. The directors confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
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VINE EVANGELICAL CHURCH (SEVENOAKS)
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
I report to the charity trustees on my examination of the accounts of Vine Evangelical Church (Sevenoaks) for the year ended 31 December 2024.
RESPONSIBILITIES AND BASIS OF REPORT
As the charity’s trustees (who are also the directors of the company 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 are not required to be audited for this year 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
I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:
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accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
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the accounts do not accord with such records; or
• the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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 Charities SORP (FRS102).
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.
Nils de Freese CGMA Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF Date:9/5/2025
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