TRINITY MINISTRIES HINCKLEY
TRUSTEES ’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER, 2024
CHARITY INFORMATION
Charity name : Trinity Ministries Hinckley
Charity registration number : 1132149
Company registration number: 7001529
Registered Office :
Wesley House, 61 Stockwell Head, Hinckley, Leicestershire, LE10 1RD
Governing Document:
Memorandum & Articles of Association Incorporated 26[th] August 2009
Trustees:
Mr Stuart Dean
Mr Mark Wassell Mr Julian Payne
Mr John Pibworth
Mr Steven Connor (Appointed February 2025)
Independent Examiner:
Mrs S-J Statham CTA, TEP, ACMA
2 Cotswold Way, Ashby-de-la-Zouch, Leicestershire, LE65 1ET
The trustees, who are the charity's directors for the purposes of company law, have pleasure in submitting the Report and Accounts for the year.
OBJECTS OF THE CHARITY
The charity is a charitable company and is governed by its memorandum and articles of association. The objects of the charity, as set out in the governing document are:
-
A) To advance the Christian faith in accordance with the statement of beliefs appearing in the schedule hereto in Hinckley Leicestershire and in such other parts of the United Kingdom or the world as the directors of the charity (herein called ‘the trustees’) may 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, good or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world as the trustees from time to time may think fit.
SUMMARY OF THE CHARITY'S MAIN ACTIVITIES AND ACHIEVEMENTS
The main activity adopted by the trustees to work towards its objectives is the establishment of Trinity Community Church (TCC).
Trinity Community Church has been established as a church meeting the spiritual needs of the people of Hinckley and the surrounding area. The church has no assets and no employees; rather it is an association of people who come together to worship the Lord Jesus and to proclaim his gospel and see others in Hinckley and the surrounding area come into a living relationship with the Lord Jesus.
Trinity Community Church relies on the benefit of Trinity Ministries Hinckley. Any financial giving by any person who is in fellowship with the church is passed to Trinity Ministries Hinckley to be used at the discretion of the trustees in fulfilment of the objects of the charity.
During 2024 Trinity Community Church began considering an update to its mission and vision, as follows.
TCC exists to bring glory to God through 5 Ms:
Magnify: 'The chief end of man is to glorify God and enjoy Him forever’ (WSC)
Membership: 'in Christ we, though many, form one body, and each member belongs to all the others' (Romans 12:4)
Maturity: 'He is the one we proclaim, admonishing and teaching everyone with all wisdom, so that we may present everyone fully mature in Christ.' (Colossians 1:28)
Ministry: 'Each of you should use whatever gift you have received to serve others, as faithful stewards of God’s grace in its various forms.' (1 Peter 4:10)
Multiply: 'go and make disciples of all nations, baptising them in the name of the Father and of the Son and of the Holy Spirit, and teaching them to obey everything I have commanded you.' (Matthew 28:19-20)
TCC is all about proclaiming Jesus to grow disciples for God’s glory. That tells us what we’re doing – growing disciples (multiplying & maturing followers of Jesus); it tells us how we’re doing it – by proclaiming Jesus (pointing people to Him in the Bible); and it tells us why we’re doing it – for God’s glory (magnifying him, not us).
The charity's main activities and achievements in 2024 were as follows:
Supporting and funding Trinity Community Church, it’s ministries, meetings and events. The employment of a Pastor for TCC (full time).
The employment of a Women’s Ministry and Pastoral Worker for TCC (part time). Donations to institutions and individuals.
Reordering Wesley House - the home of TCC since 2017.
TCC runs various regular activities, including:
-
A Sunday service meeting in Wesley House.
-
Evangelistic courses and events.
-
Biblical counselling for the benefits of the church members and wider community.
-
Regular bible studies in small groups and one to one.
-
A regular prayer and communion meeting.
-
Small groups called ‘Home Groups’, which teach the Bible, develop community and share the Christian faith.
-
Children and Youth Clubs (Ignite, Connect, and Connect Plus)
-
An annual Holiday Bible Club for Primary aged children.
-
A Parent/Carers and Toddler Group called ‘Tiddlywinks’.
-
Community building social events.
-
Men’s and Women’s Ministries to build community and share the faith.
-
Pastoral visiting and care within the church.
-
Fund raising towards the completion of the Wesley House renovation.
-
Connections with the Fellowship of Independent Evangelical Churches and Midlands Gospel Partnership.
-
A website promoting the ministry of TCC.
The church seeks to operate as a Christian family, where everyone has a part to play in supporting one another, especially those who are in need (for example, providing meals for those who are sick and families of newborns and providing voluntary practical help for those in need).
Most of the church’s activities are undertaken by volunteers and the charity could not operate effectively without their efforts.
TCC supports and is involved in the activities of the Midlands Gospel Partnership regionally and the Fellowship of Independent Evangelical Churches (FIEC) nationally. TCC also supports 3 other evangelical churches.
When planning our activities the trustees have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.
Structure, Governance and Management
Responsibility for setting policy and for determining the parameters within which the charity should operate rests with the trustees, who are also responsible for monitoring the ongoing activities of the charity. The leadership, operation and spiritual oversight of Trinity Community Church is the responsibility of the eldership team.
The charity is controlled by its governing documents, the Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
At any time, there must be a minimum of three trustees. The trustees are responsible for the appointment of new trustees. All trustees appointed are in full support of the charity’s aims and objectives and statement of faith, and are familiar with the practical workings of the charity. Any newly appointed trustees will be given a copy of the current version of the governing documents and a copy of the latest Trustees’ Annual Report and statement of financial statements.
Financial Review
The attached financial statements show the financial position of Trinity Ministries Hinckley at the end of this period.
During the year unrestricted income was up almost 10% from the the previous year at £121, 038. The majority of this came from regular donations.
The charity’s expenditure increased 25% from the previous year at £114,051. The increase is mainly due to more spending on reordering Wesley House during the year.
The fixed assets of the charity remained equal with the previous year.
Reserves Policy
This year TMH revised their reserves policy. The policy now is to retain sufficient reserves:
-
To ensure that Trinity Ministries Hinckley has sufficient funds to meet its financial commitments;
-
To demonstrate that Trinity Ministries Hinckley is sustainable into the future;
-
To ensure that Trinity Ministries Hinckley is able to manage future unforeseen financial difficulties;
-
To ensure that excessive funds are not held without any identifiable reason or for any identifiable purpose.
-
To satisfy requirement for a reserves policy as specified in the terms of any mortgage taken out on property owned by the charity. Specifically, while the charity has a mortgage with Kingdom Bank, we are required to maintain available cash reserves of a minimum 20% of committed annual expenditure.
Financial reserves are considered in two parts:
-
General reserves that are deemed necessary to meet future operational requirements and to protect Trinity Ministries Hinckley against future financial uncertainties including loss of income and unexpected increases in operating costs;
-
Reserves set aside to meet future financial commitments for a specific significant project or venture or planned future commitment.
This reserves policy is reviewed annually. Income is quite predictable - and fairly stable - so the risk of a sharp fall in reserves is not considered significant.
Key risks and uncertainties
The charity is exposed to various risks - be they operational, financial or reputational. The trustees monitor the charity's activities to identify significant risks and, where possible, take appropriate measures to mitigate those risks.
The principal risk that could adversely affect the charity is moral failure resulting in large numbers of members leaving Trinity Community Church. The trustees are satisfied that a culture exists within TCC, where challenge is welcomed and leadership is shared, to sufficiently mitigate the likelihood of this risk materialising.
Plans for the future
Trinity Ministries Hinckley intends to continue its regular activities through TCC. As at the time of writing this report, Trinity Ministries Hinckley are still reviewing their constitution and considering updates in the light of advice from Edward Connor Solicitors.
Approval
This report was approved by the trustees and signed on their behalf by:
Stuart Dean
Stuart Dean, Secretary
Date: 15 October, 2025
Trinity Ministries Hinckley
(a company limited by guarantee)
End of Year Financial Statements Year ending 31 December 2024 Charity Number 1132149 Company Number 7001529
Page 1
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.
These financial statements were approved by the Board of Trustees and authorized for issue on 28/04/2025.
Stuart Dean Trustee
Page 2
Statement of Financial Activities
| Unrestricted Restricted Endowment Total Prior year funds funds funds funds total funds |
|
|---|---|
| Incoming resources Incoming resources from generated funds Voluntary income Incoming resources from charitable activities Other incoming resources Total income Resources used Charitable activities Total expenditure Gains / losses on investment assets Net income / (expenditure) resources before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Gains on revaluation, fixed assets, charity's own use Net movement in funds Total funds brought forward Total funds carried forward Represented by Unrestricted General fund Designated Chairs Restricted Community Support Fund Ministry Assistant Wesley House Building |
280 — — 280 573 102,993 7,498 — 110,491 96,484 2,373 — — 2,373 1,380 15,391 — — 15,391 11,645 |
| 121,038 7,498 — 128,536 110,084 114,051 35,934 — 149,986 90,785 |
|
| 114,051 35,934 — 149,986 90,785 22,900 — — 22,900 148,251 |
|
| 29,886 (28,436) — 1,449 167,551 — — — — — — — — — — — — — — — |
|
| 29,886 (28,436) — 1,449 167,551 |
|
| 402,641 30,238 — 432,879 265,328 |
|
| 432,528 1,801 — 434,329 432,879 432,528 — — 432,528 402,641 — — — — — — 0 — 0 0 — 0 — 0 0 — 1,802 — 1,802 30,238 |
Balance sheet
| Class and code Description |
This year Last year |
|---|---|
| Fixed assets 5100 18 Blenheim Close 5200 Wesley House Total Fixed assets Current assets 4100 Barclays Current Account 4110 Stewardship Account 4120 Barclays Business Savings Account 4130 Tiddlywinks & WLTDO Cash & Bank Z10 Prepayments Total Current assets Liabilities |
345,000 287,500 427,506 427,506 |
| 772,506 715,006 13,799 45,481 150 3 20,280 14,757 691 522 364 319 |
|
| 35,287 61,084 |
Page 3
| Z04 Accounts Payable Z06 Mortgage Account Blenheim Close Z07 Loan from DEANS Z08 Deposit Paid by HTC Z09 Monies owed to HTC Z11 Mortgage Account Wesley House Total Liabilities Net Asset surplus(deficit) Reserves Excess / (deficit) to date Z01 Starting balances Z02 Other gains/(losses) Total Reserves Represented by funds Unrestricted Designated Restricted Endowment Total |
— — 51,253 53,875 174,600 140,000 — — — — 147,610 149,335 |
|---|---|
| 373,463 343,210 |
|
| 434,329 432,879 |
|
| (21,450) 19,299 432,879 265,328 22,900 148,251 |
|
| 434,329 432,879 432,528 402,641 — — 1,801 30,238 — — |
|
| 434,329 432,879 |
Statement of assets and liabilities
| General Designated Restricted Endowment This year Last year |
|
|---|---|
| Fixed assets - Tangible assets 18 Blenheim Close - Wesley House - Totals Current assets - Cash at bank and in hand Barclays Current Account - Stewardship Account - Barclays Business Savings Account - Tiddlywinks & WLTDO Cash & Bank - Totals Current assets – Debtors Prepayments - Totals Liabilities - Creditors: Amounts falling due after more than one year Mortgage Account Blenheim Close - Loan from DEANS - Mortgage Account Wesley House - Totals Grand total |
345,000 — — — 345,000 287,500 427,506 — — — 427,506 427,506 |
| 772,506 — — — 772,506 715,006 11,998 — 1,800 — 13,799 45,481 150 — — — 150 3 20,279 — 0 — 20,280 14,757 691 — — — 691 522 |
|
| 33,120 — 1,801 — 34,922 60,765 364 — — — 364 319 |
|
| 364 — — — 364 319 51,253 — — — 51,253 53,875 174,600 — — — 174,600 140,000 147,610 — — — 147,610 149,335 |
|
| 373,463 — — — 373,463 343,210 |
|
| 432,528 — 1,801 — 434,329 432,879 |
Fund movement by type
| Opening Incoming Outgoing Transfers Gains/losses Journals Closing | |
|---|---|
| Build - Wesley House Buildin Restricted Sub-total for Build Chairs - Chairs Designated Sub-total for Chairs |
30,238 7,498 35,934 — — — 1,802 |
| 30,238 7,498 35,934 — — — 1,802 — 12,500 12,500 — — — — |
|
| — 12,500 12,500 — — — — |
Page 4
| ComSup - Community Support Fu Restricted Sub-total for ComSup MAsst - Ministry Assistant Restricted Sub-total for MAsst General - General fund Unrestricted Sub-total for General Grand total |
0 — — — — |
— 0 |
|---|---|---|
| 0 — — — — 0 — — — — |
— 0 — 0 |
|
| 0 — — — — 402,641 108,538 101,551 — 22,900 |
— 0 — 432,528 |
|
| 402,641 108,538 101,551 — 22,900 |
— 432,528 |
|
| 432,879 128,536 149,986 — 22,900 |
— 434,329 |
Analysis of income and expenditure
| Total Unrestricted Designated Restricted Endowment This year Last year INCOME AND ENDOWMENTS Incoming resources from generated funds 1900 - Interest - Savings Account 280 — — — 280 573 Total 280 — — — 280 573 Incoming resources from generated funds - Voluntary income 1100 - Regular Giving Gift Aid TCC 70,460 — — — 70,460 68,965 1101 - Regular Giving Gift Aid External 1,905 — — — 1,905 240 1200 - Regular Giving Non Gift Aid TCC 7,285 — — — 7,285 7,150 1201 - Regular Giving Non Gift Aid External — — — — — — 1300 - Gift Aid Reclaimed 20,843 2,500 — — 23,343 20,088 1800 - Wesley House Funds — — 7,498 — 7,498 41 Total 100,493 2,500 7,498 — 110,491 96,484 Incoming resources from charitable activities 1501 - Counselling Donations 420 — — — 420 — 1550 - Donations from participants of Tiddlywin 948 — — — 948 1,380 1551 - Donations from participants of Women's M 498 — — — 498 — 1552 - Donations from participants of Ignite & 295 — — — 295 — 1553 - Donations from participants of HBC 210 — — — 210 — Total 2,373 — — — 2,373 1,380 Other incoming resources 1400 - Support from Holy Trinity Hinckley — — — — — — 1500 - Other external support 541 — — — 541 310 1600 - Miscellaneous 4,850 10,000 — — 14,850 11,335 1601 - Offset Costs — — — — — — 1700 - BCUK — — — — — — Total 5,391 10,000 — — 15,391 11,645 |
Total Unrestricted Designated Restricted Endowment This year Last year INCOME AND ENDOWMENTS Incoming resources from generated funds 1900 - Interest - Savings Account 280 — — — 280 573 Total 280 — — — 280 573 Incoming resources from generated funds - Voluntary income 1100 - Regular Giving Gift Aid TCC 70,460 — — — 70,460 68,965 1101 - Regular Giving Gift Aid External 1,905 — — — 1,905 240 1200 - Regular Giving Non Gift Aid TCC 7,285 — — — 7,285 7,150 1201 - Regular Giving Non Gift Aid External — — — — — — 1300 - Gift Aid Reclaimed 20,843 2,500 — — 23,343 20,088 1800 - Wesley House Funds — — 7,498 — 7,498 41 Total 100,493 2,500 7,498 — 110,491 96,484 Incoming resources from charitable activities 1501 - Counselling Donations 420 — — — 420 — 1550 - Donations from participants of Tiddlywin 948 — — — 948 1,380 1551 - Donations from participants of Women's M 498 — — — 498 — 1552 - Donations from participants of Ignite & 295 — — — 295 — 1553 - Donations from participants of HBC 210 — — — 210 — Total 2,373 — — — 2,373 1,380 Other incoming resources 1400 - Support from Holy Trinity Hinckley — — — — — — 1500 - Other external support 541 — — — 541 310 1600 - Miscellaneous 4,850 10,000 — — 14,850 11,335 1601 - Offset Costs — — — — — — 1700 - BCUK — — — — — — Total 5,391 10,000 — — 15,391 11,645 |
|---|---|
| 2,373 — — — 2,373 1,380 — — — — — — 541 — — — 541 310 4,850 10,000 — — 14,850 11,335 — — — — — — — — — — — — |
|
| 5,391 10,000 — — 15,391 11,645 |
|
| INCOME TOTAL | 108,538 12,500 7,498 — 128,536 110,084 |
Page 5
EXPENDITURE
| Charitable activities | ||||||
|---|---|---|---|---|---|---|
| 2100 - Ministers Salary | 27,962 | — | — | — | 27,962 | 26,521 |
| 2110 - S Garry Salary | — | — | — | — | — | — |
| 2120 - D Candler Salary | — | — | — | — | — | — |
| 2130 - A Steele Salary | 14,183 | — | — | — | 14,183 | 13,883 |
| 2200 - PAYE & NI (SD) | 5,772 | — | — | — | 5,772 | 6,191 |
| 2210 – PAYE | — | — | — | — | — | — |
| 2220 - NI Employee (SD) | — | — | — | — | — | — |
| 2221 - PAYE & NI (SG) | — | — | — | — | — | — |
| 2222 - PAYE & NI (DC) | — | — | — | — | — | — |
| 2223 - PAYE & NI (AS) | 663 | — | — | — | 663 | 554 |
| 2230 - NI Employer | — | — | — | — | — | — |
| 2300 - Employers Pension | 3,768 | — | — | — | 3,768 | 3,388 |
| Contributions | ||||||
| 2400 - Mortgage 18 Blenheim Close | 4,389 | — | — | — | 4,389 | 4,292 |
| 2410 - Council Tax 18 Blenheim | 2,644 | — | — | — | 2,644 | 2,526 |
| Close | ||||||
| 2420 - House Insurance 18 Blenheim | 579 | — | — | — | 579 | 516 |
| Close | ||||||
| 2430 - Water Charges 18 Blenheim | 824 | — | — | — | 824 | 727 |
| Close | ||||||
| 2440 - Maintenance Contract 18 | — | — | — | — | — | — |
| Blenheim Close | ||||||
| 2450 - Maintenance 18 Blenheim | 2,031 | — | — | — | 2,031 | 138 |
| Close | ||||||
| 2500 - Ministers Expenses | 454 | — | — | — | 454 | 387 |
| 2510 - S Garry's Expenses | — | — | — | — | — | — |
| 2520 - D Candler's Expenses | — | — | — | — | — | — |
| 2530 - A Steele Expenses | 525 | — | — | — | 525 | 960 |
| 2600 - Office and Administration | 1,818 | — | — | — | 1,818 | 1,761 |
| 2601 – Catering | 155 | — | — | — | 155 | 270 |
| 2602 – Communion | 11 | — | — | — | 11 | 62 |
| 2603 - Stewardship (Payroll) | 577 | — | — | — | 577 | 576 |
| 2610 - Training Costs | 687 | — | — | — | 687 | 432 |
| 2620 - Child Protection Costs | 223 | — | — | — | 223 | 309 |
| 2630 - Venue Rent | — | — | — | — | — | — |
| 2631 - Venue (Other) | — | — | — | — | — | — |
| 2632 - Wesley House | — | — | 35,934 | — | 35,934 | — |
| 2633 - Wesley House Sundry Items | 855 | — | — | — | 855 | 237 |
| 2634 - Wesley House Gas | 2,092 | — | — | — | 2,092 | 1,785 |
| 2635 - Wesley House Electricity | 1,035 | — | — | — | 1,035 | 1,071 |
| 2636 - Wesley House Water | 593 | — | — | — | 593 | 452 |
| 2637 - Wesley House Insurance | 1,657 | — | — | — | 1,657 | 1,760 |
| 2638 - Wesley House Maintenance | 1,440 | — | — | — | 1,440 | 1,927 |
| 2639 - Wesley House Mortgage | — | — | — | — | — | 2,220 |
| Costs | ||||||
| 2640 - Youth and Childrens Work | 1,467 | — | — | — | 1,467 | 940 |
| 2641 - Holiday Club | 506 | — | — | — | 506 | 478 |
| 2642 - Wesley House Deposit | — | — | — | — | — | — |
| 2643 - Wesley House Mortgage | 9,711 | — | — | — | 9,711 | 4,235 |
| 2644 - Tiddlywinks & WLTDO | 779 | — | — | — | 779 | 858 |
| Expenditure | ||||||
| 2645 - Womens Ministry | 461 | — | — | — | 461 | — |
| 2650 - Literature and Resources | 217 | — | — | — | 217 | 263 |
| 2651 - Equipment | 1,163 | 12,500 | — | — | 13,663 | 1,810 |
| 2655 - Set up costs | — | — | — | — | — | — |
| 2660 - Mission Giving | 7,670 | — | — | — | 7,670 | 7,709 |
| 2661 - Evangelistic Events | 66 | — | — | — | 66 | 61 |
| 2670 - Membership Costs | — | — | — | — | — | 1,476 |
Page 6
| 2680 - Legal Fees 2690 - Musicians Total |
4,560 — — — 4,560 — — — — — — — |
|---|---|
| 101,551 12,500 35,934 — 149,986 90,785 |
|
| EXPENDITURE TOTAL | 101,551 12,500 35,934 — 149,986 90,785 |
| GRAND TOTAL | 6,986 — (28,436) — (21,450) 19,299 |
All Income and Expenditure is accounted for on accruals basis except donations (which are accounted for when received).
Related Party Transactions
Mr S Dean is remunerated under a contract of employment in accordance with the provisions of Clause 7.1 of the company’s Memorandum of Association. No other trustee received remuneration or reimbursement of expenses incurred in the performance of their duties.
Staff Costs
Trinity Ministries Hinckley employ Mr S Dean and Mrs A Steele.
Independent examiner’s report to the trustees of Trinity Ministries Hinckley Charitable Company
I report on the accounts of the company for the year ended 31 December 2024.
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 the Charities Act 2011, s. 144(2) (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
examine the accounts under s. 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under s. 145(5)(b) of the 2011 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
Page 7
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 evident 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
In connection with my examination, no matter has come to my attention:
Which gives me reasonable cause to believe that in any material respect the requirements:
-
To keep accounting records in accordance with the Companies Act 2006, s. 386; and
-
To prepare accounts which accord with the accounting records, comply with the accounting requirements of the Companies Act 2006, s. 396 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed & Dated _______ Mrs S-J Statham CTA, TEP, ACMA 2 Cotswold Way, Ashby-de-la-Zouch, Leicestershire, LE65 1ET
Page 8
Trinity Ministries Hinckley
(a company limited by guarantee)
End of Year Financial Statements Year ending 31 December 2024 Charity Number 1132149 Company Number 7001529
Page 1
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.
These financial statements were approved by the Board of Trustees and authorized for issue on 28/04/2025.
Stuart Dean Trustee
Page 2
Statement of Financial Activities
| Unrestricted Restricted Endowment Total Prior year funds funds funds funds total funds |
|
|---|---|
| Incoming resources Incoming resources from generated funds Voluntary income Incoming resources from charitable activities Other incoming resources Total income Resources used Charitable activities Total expenditure Gains / losses on investment assets Net income / (expenditure) resources before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Gains on revaluation, fixed assets, charity's own use Net movement in funds Total funds brought forward Total funds carried forward Represented by Unrestricted General fund Designated Chairs Restricted Community Support Fund Ministry Assistant Wesley House Building |
280 — — 280 573 102,993 7,498 — 110,491 96,484 2,373 — — 2,373 1,380 15,391 — — 15,391 11,645 |
| 121,038 7,498 — 128,536 110,084 114,051 35,934 — 149,986 90,785 |
|
| 114,051 35,934 — 149,986 90,785 22,900 — — 22,900 148,251 |
|
| 29,886 (28,436) — 1,449 167,551 — — — — — — — — — — — — — — — |
|
| 29,886 (28,436) — 1,449 167,551 |
|
| 402,641 30,238 — 432,879 265,328 |
|
| 432,528 1,801 — 434,329 432,879 432,528 — — 432,528 402,641 — — — — — — 0 — 0 0 — 0 — 0 0 — 1,802 — 1,802 30,238 |
Balance sheet
| Class and code Description |
This year Last year |
|---|---|
| Fixed assets 5100 18 Blenheim Close 5200 Wesley House Total Fixed assets Current assets 4100 Barclays Current Account 4110 Stewardship Account 4120 Barclays Business Savings Account 4130 Tiddlywinks & WLTDO Cash & Bank Z10 Prepayments Total Current assets Liabilities |
345,000 287,500 427,506 427,506 |
| 772,506 715,006 13,799 45,481 150 3 20,280 14,757 691 522 364 319 |
|
| 35,287 61,084 |
Page 3
| Z04 Accounts Payable Z06 Mortgage Account Blenheim Close Z07 Loan from DEANS Z08 Deposit Paid by HTC Z09 Monies owed to HTC Z11 Mortgage Account Wesley House Total Liabilities Net Asset surplus(deficit) Reserves Excess / (deficit) to date Z01 Starting balances Z02 Other gains/(losses) Total Reserves Represented by funds Unrestricted Designated Restricted Endowment Total |
— — 51,253 53,875 174,600 140,000 — — — — 147,610 149,335 |
|---|---|
| 373,463 343,210 |
|
| 434,329 432,879 |
|
| (21,450) 19,299 432,879 265,328 22,900 148,251 |
|
| 434,329 432,879 432,528 402,641 — — 1,801 30,238 — — |
|
| 434,329 432,879 |
Statement of assets and liabilities
| General Designated Restricted Endowment This year Last year |
|
|---|---|
| Fixed assets - Tangible assets 18 Blenheim Close - Wesley House - Totals Current assets - Cash at bank and in hand Barclays Current Account - Stewardship Account - Barclays Business Savings Account - Tiddlywinks & WLTDO Cash & Bank - Totals Current assets – Debtors Prepayments - Totals Liabilities - Creditors: Amounts falling due after more than one year Mortgage Account Blenheim Close - Loan from DEANS - Mortgage Account Wesley House - Totals Grand total |
345,000 — — — 345,000 287,500 427,506 — — — 427,506 427,506 |
| 772,506 — — — 772,506 715,006 11,998 — 1,800 — 13,799 45,481 150 — — — 150 3 20,279 — 0 — 20,280 14,757 691 — — — 691 522 |
|
| 33,120 — 1,801 — 34,922 60,765 364 — — — 364 319 |
|
| 364 — — — 364 319 51,253 — — — 51,253 53,875 174,600 — — — 174,600 140,000 147,610 — — — 147,610 149,335 |
|
| 373,463 — — — 373,463 343,210 |
|
| 432,528 — 1,801 — 434,329 432,879 |
Fund movement by type
| Opening Incoming Outgoing Transfers Gains/losses Journals Closing | |
|---|---|
| Build - Wesley House Buildin Restricted Sub-total for Build Chairs - Chairs Designated Sub-total for Chairs |
30,238 7,498 35,934 — — — 1,802 |
| 30,238 7,498 35,934 — — — 1,802 — 12,500 12,500 — — — — |
|
| — 12,500 12,500 — — — — |
Page 4
| ComSup - Community Support Fu Restricted Sub-total for ComSup MAsst - Ministry Assistant Restricted Sub-total for MAsst General - General fund Unrestricted Sub-total for General Grand total |
0 — — — — |
— 0 |
|---|---|---|
| 0 — — — — 0 — — — — |
— 0 — 0 |
|
| 0 — — — — 402,641 108,538 101,551 — 22,900 |
— 0 — 432,528 |
|
| 402,641 108,538 101,551 — 22,900 |
— 432,528 |
|
| 432,879 128,536 149,986 — 22,900 |
— 434,329 |
Analysis of income and expenditure
| Total Unrestricted Designated Restricted Endowment This year Last year INCOME AND ENDOWMENTS Incoming resources from generated funds 1900 - Interest - Savings Account 280 — — — 280 573 Total 280 — — — 280 573 Incoming resources from generated funds - Voluntary income 1100 - Regular Giving Gift Aid TCC 70,460 — — — 70,460 68,965 1101 - Regular Giving Gift Aid External 1,905 — — — 1,905 240 1200 - Regular Giving Non Gift Aid TCC 7,285 — — — 7,285 7,150 1201 - Regular Giving Non Gift Aid External — — — — — — 1300 - Gift Aid Reclaimed 20,843 2,500 — — 23,343 20,088 1800 - Wesley House Funds — — 7,498 — 7,498 41 Total 100,493 2,500 7,498 — 110,491 96,484 Incoming resources from charitable activities 1501 - Counselling Donations 420 — — — 420 — 1550 - Donations from participants of Tiddlywin 948 — — — 948 1,380 1551 - Donations from participants of Women's M 498 — — — 498 — 1552 - Donations from participants of Ignite & 295 — — — 295 — 1553 - Donations from participants of HBC 210 — — — 210 — Total 2,373 — — — 2,373 1,380 Other incoming resources 1400 - Support from Holy Trinity Hinckley — — — — — — 1500 - Other external support 541 — — — 541 310 1600 - Miscellaneous 4,850 10,000 — — 14,850 11,335 1601 - Offset Costs — — — — — — 1700 - BCUK — — — — — — Total 5,391 10,000 — — 15,391 11,645 |
Total Unrestricted Designated Restricted Endowment This year Last year INCOME AND ENDOWMENTS Incoming resources from generated funds 1900 - Interest - Savings Account 280 — — — 280 573 Total 280 — — — 280 573 Incoming resources from generated funds - Voluntary income 1100 - Regular Giving Gift Aid TCC 70,460 — — — 70,460 68,965 1101 - Regular Giving Gift Aid External 1,905 — — — 1,905 240 1200 - Regular Giving Non Gift Aid TCC 7,285 — — — 7,285 7,150 1201 - Regular Giving Non Gift Aid External — — — — — — 1300 - Gift Aid Reclaimed 20,843 2,500 — — 23,343 20,088 1800 - Wesley House Funds — — 7,498 — 7,498 41 Total 100,493 2,500 7,498 — 110,491 96,484 Incoming resources from charitable activities 1501 - Counselling Donations 420 — — — 420 — 1550 - Donations from participants of Tiddlywin 948 — — — 948 1,380 1551 - Donations from participants of Women's M 498 — — — 498 — 1552 - Donations from participants of Ignite & 295 — — — 295 — 1553 - Donations from participants of HBC 210 — — — 210 — Total 2,373 — — — 2,373 1,380 Other incoming resources 1400 - Support from Holy Trinity Hinckley — — — — — — 1500 - Other external support 541 — — — 541 310 1600 - Miscellaneous 4,850 10,000 — — 14,850 11,335 1601 - Offset Costs — — — — — — 1700 - BCUK — — — — — — Total 5,391 10,000 — — 15,391 11,645 |
|---|---|
| 2,373 — — — 2,373 1,380 — — — — — — 541 — — — 541 310 4,850 10,000 — — 14,850 11,335 — — — — — — — — — — — — |
|
| 5,391 10,000 — — 15,391 11,645 |
|
| INCOME TOTAL | 108,538 12,500 7,498 — 128,536 110,084 |
Page 5
EXPENDITURE
| Charitable activities | ||||||
|---|---|---|---|---|---|---|
| 2100 - Ministers Salary | 27,962 | — | — | — | 27,962 | 26,521 |
| 2110 - S Garry Salary | — | — | — | — | — | — |
| 2120 - D Candler Salary | — | — | — | — | — | — |
| 2130 - A Steele Salary | 14,183 | — | — | — | 14,183 | 13,883 |
| 2200 - PAYE & NI (SD) | 5,772 | — | — | — | 5,772 | 6,191 |
| 2210 – PAYE | — | — | — | — | — | — |
| 2220 - NI Employee (SD) | — | — | — | — | — | — |
| 2221 - PAYE & NI (SG) | — | — | — | — | — | — |
| 2222 - PAYE & NI (DC) | — | — | — | — | — | — |
| 2223 - PAYE & NI (AS) | 663 | — | — | — | 663 | 554 |
| 2230 - NI Employer | — | — | — | — | — | — |
| 2300 - Employers Pension | 3,768 | — | — | — | 3,768 | 3,388 |
| Contributions | ||||||
| 2400 - Mortgage 18 Blenheim Close | 4,389 | — | — | — | 4,389 | 4,292 |
| 2410 - Council Tax 18 Blenheim | 2,644 | — | — | — | 2,644 | 2,526 |
| Close | ||||||
| 2420 - House Insurance 18 Blenheim | 579 | — | — | — | 579 | 516 |
| Close | ||||||
| 2430 - Water Charges 18 Blenheim | 824 | — | — | — | 824 | 727 |
| Close | ||||||
| 2440 - Maintenance Contract 18 | — | — | — | — | — | — |
| Blenheim Close | ||||||
| 2450 - Maintenance 18 Blenheim | 2,031 | — | — | — | 2,031 | 138 |
| Close | ||||||
| 2500 - Ministers Expenses | 454 | — | — | — | 454 | 387 |
| 2510 - S Garry's Expenses | — | — | — | — | — | — |
| 2520 - D Candler's Expenses | — | — | — | — | — | — |
| 2530 - A Steele Expenses | 525 | — | — | — | 525 | 960 |
| 2600 - Office and Administration | 1,818 | — | — | — | 1,818 | 1,761 |
| 2601 – Catering | 155 | — | — | — | 155 | 270 |
| 2602 – Communion | 11 | — | — | — | 11 | 62 |
| 2603 - Stewardship (Payroll) | 577 | — | — | — | 577 | 576 |
| 2610 - Training Costs | 687 | — | — | — | 687 | 432 |
| 2620 - Child Protection Costs | 223 | — | — | — | 223 | 309 |
| 2630 - Venue Rent | — | — | — | — | — | — |
| 2631 - Venue (Other) | — | — | — | — | — | — |
| 2632 - Wesley House | — | — | 35,934 | — | 35,934 | — |
| 2633 - Wesley House Sundry Items | 855 | — | — | — | 855 | 237 |
| 2634 - Wesley House Gas | 2,092 | — | — | — | 2,092 | 1,785 |
| 2635 - Wesley House Electricity | 1,035 | — | — | — | 1,035 | 1,071 |
| 2636 - Wesley House Water | 593 | — | — | — | 593 | 452 |
| 2637 - Wesley House Insurance | 1,657 | — | — | — | 1,657 | 1,760 |
| 2638 - Wesley House Maintenance | 1,440 | — | — | — | 1,440 | 1,927 |
| 2639 - Wesley House Mortgage | — | — | — | — | — | 2,220 |
| Costs | ||||||
| 2640 - Youth and Childrens Work | 1,467 | — | — | — | 1,467 | 940 |
| 2641 - Holiday Club | 506 | — | — | — | 506 | 478 |
| 2642 - Wesley House Deposit | — | — | — | — | — | — |
| 2643 - Wesley House Mortgage | 9,711 | — | — | — | 9,711 | 4,235 |
| 2644 - Tiddlywinks & WLTDO | 779 | — | — | — | 779 | 858 |
| Expenditure | ||||||
| 2645 - Womens Ministry | 461 | — | — | — | 461 | — |
| 2650 - Literature and Resources | 217 | — | — | — | 217 | 263 |
| 2651 - Equipment | 1,163 | 12,500 | — | — | 13,663 | 1,810 |
| 2655 - Set up costs | — | — | — | — | — | — |
| 2660 - Mission Giving | 7,670 | — | — | — | 7,670 | 7,709 |
| 2661 - Evangelistic Events | 66 | — | — | — | 66 | 61 |
| 2670 - Membership Costs | — | — | — | — | — | 1,476 |
Page 6
| 2680 - Legal Fees 2690 - Musicians Total |
4,560 — — — 4,560 — — — — — — — |
|---|---|
| 101,551 12,500 35,934 — 149,986 90,785 |
|
| EXPENDITURE TOTAL | 101,551 12,500 35,934 — 149,986 90,785 |
| GRAND TOTAL | 6,986 — (28,436) — (21,450) 19,299 |
All Income and Expenditure is accounted for on accruals basis except donations (which are accounted for when received).
Related Party Transactions
Mr S Dean is remunerated under a contract of employment in accordance with the provisions of Clause 7.1 of the company’s Memorandum of Association. No other trustee received remuneration or reimbursement of expenses incurred in the performance of their duties.
Staff Costs
Trinity Ministries Hinckley employ Mr S Dean and Mrs A Steele.
Independent examiner’s report to the trustees of Trinity Ministries Hinckley Charitable Company
I report on the accounts of the company for the year ended 31 December 2024.
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 the Charities Act 2011, s. 144(2) (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
examine the accounts under s. 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under s. 145(5)(b) of the 2011 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
Page 7
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 evident 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
In connection with my examination, no matter has come to my attention:
Which gives me reasonable cause to believe that in any material respect the requirements:
-
To keep accounting records in accordance with the Companies Act 2006, s. 386; and
-
To prepare accounts which accord with the accounting records, comply with the accounting requirements of the Companies Act 2006, s. 396 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed & Dated _______ Mrs S-J Statham CTA, TEP, ACMA 2 Cotswold Way, Ashby-de-la-Zouch, Leicestershire, LE65 1ET
Page 8