REGISTERED COMPANY NUMBER: 06827030 IEngland and Wales1 REGISTERED CHARITY NUMBER.. 1131978 EPORT OF THE TRUSTEES AND UNAUDIT D FINANCIAL STATEMENTS FOR THE YEAR ENDED I DECEMBER 2023 FOR ciry CHURCH GREAT GRIMSBY & NORTH EAST NCOLNSHIRE SMETHURST & Co LLP CHARTERED ACCOUNTANTS
CITY CHURCH GREAT GRIMSBY & NORTH EIST LNSHIRE TENTS OF THE FINANCIAL STATEMEN FOR THE YEAR ENDEO 1 DECEMBER 2023 Pag• Rèport of th• Trust$ Independènt Examlnerfs Report Statement of FInal•l Activilies B•1#¥ Sh¢•1 Notes to thè FinancSal Stat•m•nts 8 to 15 Detailed Statèmènt of Flnanclal Aetl¥fjtl•s 16 to 17
CITY CHURCH LINCOLNS IRE GREAT GRIPASB Y & NORTH EAST REGISTERED NUMBER: 06827030 REPO F THE TRUSTEES R THE YEAR ENDED 31 DECEMBER 2023 The trustees who ar& also directors of the dwrity for the purposes of the Companies Act 20, rwèsenl their report wth the ffinancial statements of th8 charity for thè yèar erTrded 31 Decellkn 2023. The trustees havo lopled the provisions of Accx)unting and Rèporting by Charitiès: Stslemenl of Reended Practi applicable lo charities preparing Ih8ir a¢¢ount5 in accord8n¢e vrtth thg Finawal R•pNbryJ Standard in the UK and Republic of Ireland IFRS 1021 (effecti 1 Janry 20191. OWECTIVES AND ACTlVtTIES Objectives and aims To eontinuè to d810p, a gnd sIure of govemance and management lo enable our (re objec11$ ef,. thè adv8ncgmenl of the Chnstian Faith, the advancemenl of educaL'on. rdiel of finand81 hardship, and bhe provision of re lor all ages and people groups, lo be achieved. Public bpngfit We rewew our aKns, obj'ectsvws and adiwlies each 1. Th& rèmew looks al what we achieved and th¢ oulcomes of OUT work over the last 12 months. The review look$ at $Ltt¢S$ ol e&h key activity and the benefits they have brought lo those groups of people we aim lo serve. The also helps us ensure our M$, objectives and 8Ctiwlie5 rernain lttused on ¢yJr stated purF¥Jses. We have referred lo the glld8nce (ataIned in the Charity Commissh)n's general guidance on PU1¢ benefit Bnd complied wth seditin 17151 of the Charities Act 2011 when reviewing our aims and objectives and in planning future activibes. In pattthlar th8 TftJst6è8 emwjer hthv Flanned &tivities wll nIribthe to the aims aThJ 0.eCtiveS they have sel. Granlmaking Th¢ Trustees make grants to organisations arKJ VKINMluals wlM)5e aim and o'edi¥es meet the criteria of City Church. RecApienls of funding a expected to keep in regular conta¢X WKI trom ts.me lo t1 representstNes of City Church visit to énsure funds are being applted in accordance ¥thh obie(ves thal have been set out. Page 1
CITY CH RCH COLNSHIRE GREAT GRIMSBY & NORTH EAST REGISTERED N IABER: 06827030 REPORT OF THE TRUSTEES OR THE YEAR ENDED 31 DECEMBER 2023 ACHIEVEMENT AND PERFORMANCE Charltablfr activiiies The establishèd regisler of 'Family. Friends and Attendees, ensure5 the ¢y)nstituent5 of City Church are cared for by nets¥ork of small groups regularfy meet irkperson in various venues throug1ut NE Lincolnshire. Principle income sources are vdunlary lilhes & offerings, arKI Wvz lfj.dz SLA fijnding, these Inctsno streams hav allowed the charfty to carry out the various ac1m1 hwJhl+ghled in this report. Our Wiz Kidg nursery has the capaThty lo offer 48 FA8s and waa d&#n81 aa, '&J(x whèn Insp8Cted by OFSTED in January 2023. City Church is an tIVe member of the Ground Levd of Churthes, Churches T¢yJelher In NE ncOlnShire. Our nursery work$ cloSY 1th NE LincnshIre Counal Earfy Years Support. the L0¢81 Nursety Managers Metwort, th• East Marsh 8 Central Family Hubs, the NSPCC Tog8ttw for Childho(xf initiatNe, thè kJeAI Childhood Development Centre, SALT (Speeth & Language Therapy), Familie5 First Infomwlion sèNiees and Family HoaAh Practttioners who work under the umbrdla of the Family Hubs, assistry wrth Our ParEnliThJ Support arid p8r¢nl partnerships. In addition we work closely wth the Neurodevekjpmentsl Team at Nwgo SEND (X)e as 1 a5 the Famities First Access Point and Thirtyone'.eight for safeguardiThJ querfies. Cty Church has been activety involved in the YUFP)rt of several pwie(ts in Ihe UK arKI overseas, induthng.. The Ground Level nettrk of churches Chrislian Aclim & Rèsour(£ EntLYprise, a local charity that rs dedicated lo relievirrfJ poverty, hard5hlp. And distress. often around housing issues in NE Lincdnshire The Churches Togelhor in NE Lincolnshre prayer inttiati¥e Safe Farnilies- providing respite care & support for f8milie8 in need in NE kn"rnxAnshire Immingham Christl8n Centre The Internatial Bible TrainiThJ College. based in thè UK The Basileia Bible School, based in Ihe UK A %hooling programrne with 0851$ of Hope Foundation UK. Iformth Colombia Chihjcare UK) Release Intemational- wcrfking on behalf of the persecLrted church arjnd the wodd 'J8bulani' children's horne in Zimbabwe New Lrfe Chrisl'an 'S$lon- children's Home in Sri Lanka CSty Church continutts to run its fvite monlhly youth group ¢alW'Cty Youth.. In 8th}n ¢xJr Klds tèam also fauknlated a sèri8s of assemtdies for New Watham Acadeffly & the Grangè Primary Str thrn9ht thè y•ar. In response lo m•nt81 health and cost ol Imng dlIe in the kxal c4Jmmunty, Cty Church has o)ntlrMd lo wn threè Initiativas, that also beca Warm Spaces, over the inter m(mths of 2023.. 'Little Ggm5' . 0 weekty parent and toddler gr( - The Brew Stop' drop in 'Free to Be, . a weekly opp(Ktunrty adults ol all ages lo regage, have some fun trjgÉth. chal, share and encourage Éad) other in a very relaxe(l atMTe. We also ran our Apha inilialive, fatilitathng 1 course in the wing and 2 c4)urses in the autumn of 2(Y23, (to introduce Chri51ianty lo Ihe general publi¢l. and fan a 241T prayer %%Eek. We have also been delightèd Io s8e a signifcant increase in the nuner of different nalK)nalities ioinirwJ the Cty Church famity in 2023 and ovèrall att8nd8tKe al our main Sund8y samces saw an inrxease of 18Qk cLxrwr&J lo 2022. The work and activities ol Cty Church is m8de FJssible 8.6 fv11 time equivalent paid staff and many hundreds of voILFnleer hours from Ihe Farnily & Friends. of tho church. There have been a number of key staff Changès in th8 year due lo relirèm8nl etc. FollowiThJ a substantive slaffing reVW a number of new staff appointrnen18 been made. The City Chur( Leadership Team contirmjes to 0rate under delegated pOlS of the Directors. They h8v¢ spiritual ovenwght. make deusions, wthin Ihè paranters of the vision and pre-sel budgets of the church. The Wiz dZ manager operates under delegated powors of Directors and has responsibility lor day-ttrday m8na98menl of the nuraéry within the designated bu¢J9eL City Church continues to 0rat& from sites in Grim5by: 1. Our centre on Freeman Stred. incorFM)rating offices and Kids nursery. 2. Our buildings or) Chelmsford Avenue, used for cAJr main thurch sMc•s aThJ broadcasting cwjr online swvices. And in 2023 we were able to complete the refurbishment of our & praygr a. Our Community Hall cont4.nues lo be used for the benefrt of our own church groups and local cornlnunity groups. RISK REGISTER Page 2
CITY CHURCH COLNSHIRE GREAT GRIMSBY & NO TH EAST REGISTERED NUMBER: 06827030 REP T OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 20 The trusle¢ldirpo#ors have 8 dity lo identify and rewew thè risks to which the charity F$ exposed and lo ensure app¥owlale controls are in place lo pro¥vJe reaSonae assuranc 8g8ln$l fraud and prnr. A review ol our 'Risk Regislel look place in March and is rewewed C an annual trmsis. VOLUNTEER8 The many activities ol CW Church 2023 were ontyt possible b>uSe of a sigrHficant numbèr of VDlunleer hours. summarised as fdlows.. - Group leadership & pastoral supwyt 1050 hours - Leadership & operational support 140 hours - Sunday service support hours - Youth & Kids church actNilies & ¢vents 450 hours - Outreach events hours - Building maint8nancè & rèfurblshment 5LKI hours FINANCIAL REVIEW Reserves policy The Trustees have exanMne(5 1he Charitys reqwrement for Se•S considèring the main risks to the organlsalion. It has established a policy to endeavour lo keep three monlhs operatirwj costs In resee$ and an el¢mgnt for polenllal redundancy costs, lotalling £133,(. FINANCLAL POSITION Th8 Truste8s normally méét dghl lirnes per year to review finarKial rx)srtK>n of the charfty by mniloring actual income and expenditure and compating to bgéL We ale very thankful for the continued ffin8nci support of the chwth congregation throughout the year. In addition we are grateful for a grant of £2,080 received from Grantscape. (the first of two payments). towards salary costs f(x wnning our Little Gems Toddler Group. We were abso ¥6ry of a donatscffi of wrK¥ete from Rouse R8ady Mix Conuele and the donaled services of Mark HUttC Bu10[$ Ltd for crfjr rerbiShrnen1 project. The Trustees consbjer the financTral position of the chanty to 58tisfact¢Ny. The Slatemanl of Flnancial Activities show5 Irome lor the year ended 31 December, 2023 of £325.343 {2(r22- £309.967) and ¢xpondilure of £311,862 12022- £319.7991. Free reserves al the year-d am(yJnt to £219,930 (2022- £192.4111 and are (sered adequate to support ongoing plans of the ¢harity. FUTURE PLANS City Church is anliapaling a year of continld grh blId1rj th& mtsrrenlurn of 2023. TherE are a number of staff changes taking place due lo retirements etc. Havir¥J uThJertaken 8 fvll staffing review furthèr xppoinlmenls will be made in 2024. We will Cr"Due to build upM aTrJ re¥ our scoal th priyams to ensure they m91n r8lev8nt to the nee(Is of the lo(al area and Ihat they are fit for purpose. Wè wll strèngthen our rélaliortshlps vhth number of nathonalrties thal rKMT make up a svJnificant perc8nt8g& oflhe Cty Chtjrth Congwation. In considerfng our achievements, wroman. and fuiure plans.. we are very grateful for lh number of volunteers who mAk8 themseeS availab lo facilitat8 thè activibes of Cty Chur¢h throughout the year. STRUCTURE, GOVERNANCE AND PIAMAGEMENT Govemlng document The Charity is governed by ivs Mem(andum and Artws 0fAswcialK. As Ihe eompany is limit by guarante•, thwè We no benef1 interests in Ihe CA)mpany. RruItment and appolntmont of nèw tnts15 City Church seèks to appoint tnjsleèldiréetcrfs freAn p8rsons who sh&e the same elhos. It seeks to idgnlrfy those rn081 suitable to bring 8 balance of 8kill$ and strength$ lo the board. Induetlon and training of n•w trust8•s On appoinlrnent, 811 Tru$tee$ undertake an indu(aion lo Indud• #n over¥ivw ofthe tharity. breakdtswn of PU81b11rtles and 08S ched(s. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company nUMr oe827030 (England and Wales) Page 3
CITY CHURCH LINCOL HIRE REA GRIMSB & NORTH EAST REGISTERED NUMBER: 068270 REPORT F THE TRUSTEES E YEAR ENDED 31 DECEMBE FOR 2023 Règistered Charity n)ber 1131978 Registered office City Church Centre 251-259 Freernan Street GRIMSBY DN32 9DW Trust•8s Mr. D. Jonès Chairman r8 A. Cadd Mr. P. T. Gallant Mr. B. M, Robinson (resigned 28.3.23) Mr. D. Robinson Mrs K.S. Jones Mr M. B. Scarrott Indepffidnt Examiner Miss C. M. Tams FCA Smelhurst & Co LLP 12 Abbey Road GRIMSBY DN32 OHL Bankers Santander UK Bridle Road BOOTLE Merseyside L30 4GB STATEMENT OF TRUSTEES. RESPONSIBIUTIES The tTUStees {who are a150 the directors of City Churth {GTeat Grwnsby & Nrxlh East Lincolnshire) for th8 Purposes of cornpany lawl are ressy)nsle for preparing the Report of Ihe Tnjsteès 8nd the financial statefflents Ill 8ccordan%x applicable law and United Kingdom Accounting Standards (Uniled Kingdom Gonerty Apted Accountlng Practice). Cornpany law requires the trustees lo wepare financial statèmÈnts for each finarnial year which give a true and fair vi8w of the slate of affairs of the charitable company gnd gf thg irwning resources and application of resources. In¢dIng the incx)me and expeThlilure, of the charitable ttthpany fG Ihat Feriod. In pr8p8ring those finarKaal statements. the Iruslees are required to select suitable accounting Fdicies aThJ then aY thèm c31¥1enty. observe the meth¢)Js and pr#iciples in the Charity SORP.. make judgernenls and estimates that are reasonable and pnJdeNt: prepare the financial stalements on the gn9 concem basis unless it is inappropri8to lo presume that the tharitabl& company will continue in business. The trustéés ar• rèsptsnsJlé for keerAng proper acxounling records wthith disclose ¥th reasonable accuracy al any tirne the finanry81 FQ81tn of the Charitse company and to enae Ihem lo ensure that the financial statèm8nts eompty th the Companies Act 2c. They are also responsible for safeguarding the assets of the chariloblo company and h8nce for laklng reasonable steps the prevent and detection of fraud aNJ other irregularities. This rèKMXt has been prepatyd in •ctcwthn¢e *ryth the spec4al promstons of Part 15 of the Companies Act rèlating lo small companie8. Approved by order ofthe boaTd oftruslees on 25 March 2024 and swJned (M) hs behaW by: Mr. D. Jes- Twstee Page 4
INDEPENDENT EXAMINER'S REPORT T THE TRUSTEES OF CITY CHURCH GREAT GRIMSBY & NORTH EAST UNCOLNS RE REGISTERED N MBER.. 6827030 IndependÈnt •xamlnoffs report to the tru¥teo5 of Clty Church (Great Grfmsby & North East LIneolhlrn1 Ilh• Company, I report to the (arfty truste&s on my examin8lK•n of the Unts of the Company for the year ended 31 Decembef 2023, Responsibiliti¢s and basls of report As the charitys trusteés of the Company {aThJ also its directo for the purwses ofcompany law) you afe responsible for the preparation of thè 3eMunts in acCOrdar ith Ihe requirenw)ts of the CoMpanS Act 2( rihe 2( Act), Having satisfied mysdf Ihat the accounts of the cOmnY not required lo be audited under Part 16 01 the 26 A and aro eligible for independent examination. I rep(Kt in respect of my examination of your chS accounts as trarrièd out under Sedlon 145 of the Charities Act 2011 Ilhe 2011 Adl. In carwng out my examination I have followed I Directions gNen by th¢ Charity CommissKJn urKkr se 145{51 (b) of the 2011 Aca. Indèpènd•nt •xaminerfs statemerrt sin your chariwg gross income exceeded £1.() your èx8mlner must a m8mber of a listed body. I can confirm that l am qUalifd lo undertako the examination becau8e l am a mom1 of th8 Institut• of Chartered Accountants in England and Wale3. whTch Is one of the listed todies. I have completed my examination. l ¢>)nfimi that no matters have comè to my attention in connection wlh the examination giving rne cause lo believe.. accountiTrJ records werè not kept in respect of the Crynpgny as wu1 by SeciK)n 386 of the Act,. or the accounts do not acLord with those records.. the accounts do not comply wth the accounting requlN)nts of S8thon 396 of the 26 Act other than any r8quiremenl that the awounts give a true and fair ¥18w ¥thlth Is N)1 a matter considered as part of an independent exatninalion- Of the accounts have not been prepared in awdan(% *ith 1he methLyJ5 and principles of ihe Ststemenl of RecornmendÈd Pradice lor accJJunling and rewrbng by charib'es (applicable to charitie$ prèparing their acc4)unls in accordance wth the FinarKial Reng StaThJard applicable in the UK and Republic of Irelarvj {FRS 102)). I have no concems and have comg no other matters in connethn th thè èxamination lo which attention should be drawn in this report in or(ler lo enable a proper Lmderstanthng of a¢(x)unts to be reached. Miss C. M. Tarns FCA Smethursl & Co LLP 12 Abbey Road GRIMSBY DN32 OHL 25 March 2024 Pago 5
CITY CHURCH GREA IMSBY UNCOLNSHIRE NORTH EAS ATEMENT OF FINANCIAL ACTIVITIES INCORPORATING AN INCO D EXPE DITU ccou FOR THE YEAR ENDED31 DECEMBER 2023 31.12.23 Tot81 funds 31.12.22 Total funds Unrestricted Restri¢led fijnds Notes INCOME AND ENDOWMENTS FROM Donalkjns and legacAes 131.629 2,226 133,855 142,309 Charftable activities Cora W1z-ld2 1.316 146.276 153.359 8,618 161,977 Investment income (Xher income 7.605 18.826 1,6e3 18,403 18,826 Total 311.419 13,924 325,343 309.967 EXPENDITURE ON Charitable activities Core Wii-Kidz 'ssion8 134,192 149.520 13.768 3.080 8.618 137,272 158,138 16,452 152,728 137,226 29,845 Totsl 297.480 14.382 311,862 319.799 NET INCOMEIIEXPENDITUREI 13.939 (458) 13,481 19.832) RECONCIUATIOM OF FUNOS Total funds br(MJghl forward 652.980 654,57S 664,407 TOTAL FUNDS CARRIED FORWARD 666.919 1,137 668,056 654,575 The te$ fomi part of thèsè fimncial Statèm1 Pagg 6
CITY CHURCH UNCOL HIRE GR&4T GRIPASBY & NORTH EAST REGI TERED NUMBER.. 06827030 BALANCE SHEET 31 DECEMBER 2023 31.12.23 Totsi funds 31.12.22 Total funds Unrestricted funds Restsicted fund5 Nofes FIXED ASSETS Tangible assets 446.989 446,989 460,569 CURRENT ASSETS Dablors Cash at bank and in hand 10 s,7 2Kk.453 5.567 2S3.590 7,254 222,727 1.137 288,020 1,137 269.157 229,981 CREDITORS Amounts falliThJ thje %wihwi one year I48,0) I48,01) 135,975) NET CURRENT ASSETS 219.930 1.137 221,7 194.CMJ6 TOTAL ASSETS LESS CURRENT LIABIUTIES 6.919 1,137 668,056 654.575 NET ASSETS 666,919 1,137 fj68,056 654.575 FUNOS Unrestricted funds Restricted fvnds 12 666,919 1,137 852.980 1,595 TOTAL FUNDS 668,056 654.575 The charitablè company is entitled to exempti from 8udit under Secion 477 of the Compani8s Act 200S for the year ended 31 DecernbEr 2023. The members hav8 not requir the company to c)tsin an audit of ils finanrial state[rn15 for the year endÈd 31 December 2023 in accorda1 vAth Section 476 ofth• ComWS Act 2CXJ6. The Iruslees 8¢kn¢e9e thèir rèsponsibilities for (al ensuiing that the charitablè o)mpany keeps a(£ounting rec( Ihat iajmply with Sedions 386 and 387 of th8 Companies Act 2tM% and prep8ring finanual statements which gNè a tnje and lair view of the stsle of affairs of th8 charitable cornpany a$ al the end of each financial year and of rts surplus or defical f(K eh financial in accordan with Ihe r8quiiements of SÈdK)ns 394 and 395 arKJ wthith otherwse CryfFAy 1th tl wuirements of th8 Companlès Act 20( relatiThJ lo finan¢i81 ststernenls, so far as 8pplicable to the CharItsb wnpany, These finanual statements have been prepa in Yan with the prwsions appIlble to chaTilable companles subject lo the small cornp8nlès regime. The finandal statemen1$ were approved by thè 808rd of Trustees and aLrtlwtised tr Issue on 25 Marth 2024 8nd wer signed on Its baha by.. Ibl Mr. D. Jtsnes - Trustee Thè notes form part oflhese financial st*ments Pagtt 7
ciry CHURCH GREAT GRIMSBY & NORTH EAST LINCOLNSHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 202 ACCOUNTING POUCIES Basis of preparing the financial statements The finanual statements of the chariiabbe company.. which is a publk beneffit entty undet FRS 102, have been PTepared in accordance wlh the Charit$ SORP IFRS 1021 'Accounting and Reporling by Charttoes.. Slalemenl of Recommended Practice applicable lo charities pwaring th8ir )uniS in a(tsrdance wllh thè Financlal Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 I1•1 1 January 20191,, FN)ancial Reporting Standard 102 The Financial ReportirvJ Standard a110 in thg LIK and Republic of ITpland' and the Companies Act 28. The financial statements have teen prepared under histiyKal co81 convention. Thè thanty has departed frcffi the charits SORP and FRS 102 in ordèr to depredate all freehold proty al a rate of 2% on a straight h'ne basis. The Irealm¢nl required by Ihe Charits SORP and FRS 102 whwe an a55et comprises of two or more major componen18 is that è8th Ixjmporthl shoukl dewedat8d separatety over its useful lrfe and that the value of land is not d8preclatèd. The INslees consider lh ¢JeWeath9 all fredvjd pr[>Fty al a rale ot 2% on a straight line basis reflects the value of the asset for the tharity, and have rANK4ude(l that the acrounls present a true and fair view. Inrome All incorne is recugnised in the Stalernenl of Finaniial A(wknes once the charity has entillemenl lo the lunds. il is probable that Ihè inctAn8 will rèc&iv8d and thg amount can be measured reliably. Exp•ndltur• Liabiliti8s arè r•cognised as expenditure as soon as the is a Itgal or c(x)stnJctrve obllgatlon cxnmitting the charity to that expenditure. il is probable that a transfer of ec4)nomic berth Mll be required in settlemènt and the amount of the obligation can be ffleasured reliabty. Expenditure is aoUnted for on an accruals bw5is and has been classrfied der heYings Ihat aggrat¢ #N cost rebated lo the category. Where costs cannot be directty attributed lo particular headings Ihey have been allocated lo aclivib'es on a basis consislenl with th8 use of reSoLKs. Grants Offe sutr4ect lo conditK)ns havè ntst bèèn [1 at the year end dale are noted as a commitment bui not accrued as expenditu. Tangible fix•d asséts Depreciation is prowded at the IdkAng annual rates in order to 7Mite off each asset over its estirnated useful Freehold property Short leasehdd Fixtures and ffiitings 2/0 Straight Llntr 4°h Straight Line 20% Reduong Balan Flxed 8s8el8 a stalgd al cost le mUlat deFweuath)n. Tr cost of mSnor &ldilions of $8 than £SW are not cawlalised. Taxation The charity is exempl from cy)rpKtVJn tax on ts ¢harftaNe adknbes. Fund acrountlng Unrestricted funds can be u5od in acranCe Il ¢harllable c44wANes al the discretion of Ihg Iruslees. RÈ8lricted funds can onty b8 us8d for parthxlar festrided purposes wilhln thè objècts of charity. Rèstrielions arl$& when spe¢ified by Ihe dcmr or when luThJs are raised for particuLar resth¢ted wrposes. Further explanalion of the nature arKI purpose of eath fund is indLthd in the Mtes lo the finanaal stalenwnts. Penslon costs and othw postsfytiremènt bènèffta The ¢harit8ble company opefates a defined contsibubon pension stheme. Contsibulions payable lo th charltabl• companls pension scheme are charpj lo the Statemènt of Finanoal Ad1vil in the peri(xl to whlch thèy r•lalè. Donat•d goods and serlices Dtsnaled goods and sei¢¥$ a not re¢ognistsd in Ihe fin(81 ststements as they are minimal in value. Page 8
CITY CHURCH GREAT RIMSBY & NORTH EAST UNCOLNSHIRE NOTES TO THE FINANCIAL STATE ENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNMNG POUCIES . continu8d Oonated goods and seNlces Donatèd s8rvics pn)vid8d ty yrwal vcAunleers are expknned wthln the TN8tees re[. INVESTME1 INCOME 31.12.23 31.12.22 Interest rpceived 7,605 1.$63 GRANTS PAYABLE 31.12.23 31.12.22 Core Mi88ions 1.001 16.452 746 29,845 17.453 30,591 Tho total gr8nl$ paid lo In$litulions during Ihe year was as fol.. 31.12.23 3112.22 other inslilulions Gr0d LÈvel J3bulani oasis ol Hope Tearfund Ukrainè 1.764 4,420 1,218 7,137 5,320 1,552 2,5tK) 18.349 The lotsl grants paid lo indiwduals during the yearwas as follos: 31.12.23 31.12.22 Olher iThJMduals A& D Graham S Hardy S&MBrown D Taor 1,051 1,798 2,9[ 2,496 1,2(M) 1,302 1.248 5,140 3,7& 9,4S1 12,242 SUPPORT COSTS Govemance costs Corè W12-KKIz 1,112 1,1Q6 2,218 Page 9
CITY CH RCH GREAT GRIM BY & NORTH EAST LINCOLNSHIRE NOTES TOTHE FINANCIALSTATEMENTS- FOR THE YEAR ENDED 31 DECEMBER 202 nu NET INCOMEIIEXPENDITUREI Nel incomellexperKliturel is staled after tha[gI(C¥ed1tlTrJ).' 31.12.23 31.12.22 Independent examiners fee and acuntar Payroll processing DepYecialion- owned assets 1,351 819 16,879 1,274 787 17,743 TRUSTEES. REIAUNERATIOM AMD BENEFITS The charity's memorandum and artides of assOaaln allowng remration to be paid to tnjstèèa aro approved by the charity ¢>)mmissk. Thè followng rèmunèrat was paid lo the Iwstee Mr D Jones durfng Ihe year- 31.12.23 31.12.22 Total 19,678 1.460 403 Total 28,111 2,771 656 Trualèèa, salariés Trustees. social Trustees. pen51ons 21,541 31,538 There were rK) trust¢eS' W&seS pakl for the year ended 31 Oecewnbw 2023 for the year ended 31 Decerrt)er 2(Y22. STAFF COSTS 31.12.23 31.12.22 W8g•s and salaries Sory813ecurty costs Other pwsion (x)sts 193,292 5,551 2,693 205.821 6,687 2,560 201,536 215,088 Thè average monthly number of empkjyees dUrij the yearbyas as follo.. 31.12.23 31.12.22 Core Wyz. KJz 16 No employees receTrved emoluments in excess of £60.(. Includ8d in staff eA)sts are salary and employers national insur8rtt pald lo arKI in relation to key management of £47,627 {2022- £53.8881 Page 10
CITY CHURCH GREAT GRIMSBY & NORTH EAST LINCOLNSHIRE NOTES TO THE FINANCIAL STATEMENTS . contlnuod DEC MBER 2023 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES Unrestrided fvnds Rastrtcted funds Total funds INCOME AND ENDOWMENTS FROM Don8tions and le1¢ 138,919 142.309 Charltablo activities Core Wiz-Kidz 1,316 138,580 1,316 146.276 InYestmÈnl incomè Other income 1.e63 18,403 18,403 Totsl 298.881 11,D86 309,967 EXPENDITURE ON Charitable actIvIe8 Core Wiz-lfjdz Missions 152.430 127,392 24,176 298 9,834 152,728 137,226 29.845 Tolal 15,801 319,799 NET INCOMEIIEXPENDITUREI 15,11T) (4.715> {9,8321 RECONCILIATION OF FUNDS Total funds brought forward 658.097 6.310 664,407 TOTAL FUNDS CARRIED FORWARD 1,595 654,575 TANGIBLE FIXED ASSErs Fixtures atNI fitti$ Freehold Short leasehohj Totals COST Al 1 January 2023 Addilions 150.COJ 51.524 3.299 597.474 3.299 At 31 D8cember 2023 395. 150.000 54,823 6(M).773 DEPRECIATION Al 1 January 2023 Charge for year 31,075 5.919 78,0] 6.0) 27,830 4.980 136.905 16.879 At 31 December 2023 84,0 32.7 183.784 NET 800KVALUE At 31 December 2023 22,033 446,9B9 Al 31 D6eember 2022 364.875 72.¢ 23,694 460,569 Freehold property Include$ an estimate for of £100,c %thid) 1$ not being depreciated. Pagè 11
crry CHURCH GRE GRIMSBY UMCOLNSHI RTH EAST OTES TO THE FINANCIAL STATEMENTS - condnued FOR THE YEA NDE DECEMBER 2023 DEBTORS: loUNTs FALUNG DUE WH1N ONE YEAR 31.12.23 31.12.22 Tr8de debtors Other debtOTS 125 7,279 5,499 5,567 7,254 11. CREDITORS.. AMOUNTS FALUNG DUE wrrHIN ONE YEAR 31.12.23 31.12.22 Other GreditoTs 48,090 35,975 12. MOVEMENT IN FUNDS Nel nw)¥emenl in funds At1.1.23 31.12.23 Unrestrlct•d fUJ$ General fund 652,980 13.939 666.919 Restrict lundg missn8 Fund {458) 1,137 TOTAL FUNDS 654.575 13,481 668,056 N81 movement In fund5. i1uded in the atove arè as folkyhE'. Inmire Rèsources expended Movement in fuThls Unrestrictsd funds General fvnd 311,419 (297,4801 13,939 ReBtii¢t•d funds WYz-Kidz Fund Missions Fund East Coast Communlty Fund Wwm Spaces 8,618 2,226 {8.6181 12,6841 12,080> 11,(MXI} {4581 13.924 (14.382) 1458) TOTAL FUNDS 325,343 {311,862) 13,481 Pag• 12
CITY CH RCH GREAT GRIMSBY & NORTH EAS UNCOLNSHIRE OTES TO THE FINANCIAL STATEMENTS - continued FO THE YEAR ENDED 1 DECEM8ER 2023 12. MOVEMENT IN FUNDS- conlinued Comparallvgs for movement in fvrKIs Nel movement In lunds Al 31.12.22 At1.1.22 UnrestrictÈd funds Gèneral lund 658.097 15.117) 852,980 Restricted Cund$ Wk-Kidz Fund Missions Fund CV $upp)rt fijnd 2.138 3,884 288 12,1381 122891 12881 6,310 14,7151 TOTAL FUNDS 664,407 19,8321 6S4,575 Comp8rative net movernenl In funds. induded in aro as follows.. IOming resources Resources expended Movement in funds Unrestii¢ted funds Gener81 fund 298.881 13D3.998) 15.117 Restrfctod funds WkZ-Kidz Fund Missions Fund Church ¢omp kids Vision CV support fund {9.8341 {S,0841 {101 15851 P881 12,138 12,2891 2.795 10 585 {2881 11.086 115.8011 {4,7151 TOTAL FU14DS 309.967 (319,7991 {9,8321 A currenl year 12 months aThJ pr year 12 months ¢omlMned )SrtK)n is as folkxs.. movement in funds At1.1.22 31.12.23 Unr•strlcted fuThJs Genefal fvnd 658,097 8.822 666.919 Rg$lrieted funds Wvz.Kidz Fund issions Fu1 CV support lund 2.138 3,884 (2,1381 (2,7471 (2881 1,137 6.310 {5,1731 1,137 TOTAL FUNDS 864,407 3,649 868,056 Pag813
CITY C URCH GREAT GRIMSBY & NORTH EAST LINCOLNSHIRE OTES TO THE FINANCIAL TATEMENTS- c FOR THE YEAR ENDED 31 DECEMBER 2023 12. MOVEMENT IN FUNDS - ¢ontInd A current ar 12 monlhs and prior year 12 months comknn8d net movemenl in funds, induded in the above are as f&lows'. In(xxniNJ Resource$ expended Movement In funds Unre3tricted funds General fund 610.3 1601,4781 8,822 Restricted fun(ts Wiz-Kidz Fund Mlssions Fund Church camp kids Vision CV support fuThJ East Coast Communty Fund 16.314 5,021 10 585 (18,4521 (7,7681 1101 (s) (2881 (2,0801 (1,0) {2,1381 (2,747) 12881 25.010 (30,1831 15,173} TOTAL FUNDS 635,310 1631,6611 3.649 The purpw ofthe restrided and DespJnate(I funds are :. Wiz-ladz Thi6 is don8bonsJgcanls received for extture lo be spent on thildcare. Missions This is donalions red for specific organisabon8AIN]dUal$*th Charity suppcils. CC Kids This is donath)nslgranl received for expendibjre Specilty to bè sp8nt M thildrans thurth. Wision Fund This is to assist in the devebpment of the Vision of the Churth. CV Support Fund This Is to provide a meeting pl for adults aThJ thildren of all ages. East Coast C(Knmunlty Fund This is grant toward salary costs for running Ihe Litde Gems Toddler Grcyjp. Warni Spaces This is 8 grant red for a warM spo¢e provksion. 13. RELATED PARTY DISCLOSURES Amounts donated to City Churth duriThJ the year by Trustees were £20,180 {2022- £28,385}. During the year wages. so(ial Se(rity and wsicrf) o)nlrilxrtion$ totslling £18,95012022- £19,859) were p81d to Peler Jon8s, thè son of Iruslee David Jones. During th? year wages. social se(JJrity and periDn contsibubons lotslling £20,155 P022- £19,859) pald to Joy Wooffindin, the (lau9hlerol tThbStee Dawd RnS. Pag&14
CITY CHURCH GREAT GRIMSBY & UNCOLNSHIRE ES TO THE FINANCIAL STATEMENTS - eontin FOR THE YEAR ENDED 31 DECEMBER 202 14. PENSIONS The Charity makes contribulions lor its employees in a defined contribution sch8mè. Thè aMot charged to the Statement of FInarK1 Actwik'es during the yearvrds £3,OSE12022- £3.216). Pet)On amounts c4Jlstanding al the 31st December 2023 re £571 12022- £6351. Pag8 15