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Calvary Chapel southampton

Annual Report & Accounts Year Ended 31st Dec | 2024

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Calvary Chapel Southampton Limited

Annual Report and Accounts

Year Ended 31[st] Dec 2024

Objectives and Achievements .............................................................................................................. 2 Financial Review .................................................................................................................................... 4 Plans For Future Periods ...................................................................................................................... 6 Structure, Governance and Management ........................................................................................... 6 Reference and Administrative Details ................................................................................................. 8 Statement of Financial Activities ......................................................................................................... 9 Balance Sheet....................................................................................................................................... 10 Summary Income and Expenditure Account .................................................................................... 11 Notes to the Financial Statements ..................................................................................................... 12 1. Accounting Policies ....................................................................................................................... 12 2. Analysis of Income ........................................................................................................................ 14 3. Donated Goods, Facilities and Services ....................................................................................... 14 4. Analysis of Expenditure on Charitable Activities ........................................................................... 15 5. Trustee Expenses .......................................................................................................................... 16 6. Independent Examination .............................................................................................................. 16 7. Grant Making Activities .................................................................................................................. 17 8. Staff Costs, Employee Benefits and Trustee Remuneration ......................................................... 18 9. Fixed Assets .................................................................................................................................. 19 10. Debtors ........................................................................................................................................ 20 11. Creditors ...................................................................................................................................... 20 12. Summary of the Assets and Liabilities of each Category of Fund .............................................. 21 13. Movement In Funds ..................................................................................................................... 22 14. Related Party Transactions ......................................................................................................... 23

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Objectives and Achievements

Objects of the Charity

The Charity’s Objects (the Objects) are the advancement of Christianity for the benefit of the public in accordance with the following:

a. To worship God the Father, Son and Holy Spirit;
b. To build up the Church of Jesus Christ, in particular through the teaching and preaching of the Word of God (The Bible);

c. To proclaim that men and women should repent and believe in Jesus Christ as Saviour and Lord; As we have opportunity, to do good to all, especially to those who are of the household of faith (Galatians 6:10).

Activities of the Charity

The main objective for which the charity is formed can be summarised as this: to bring God glory, and benefit all people, by the advancement of the Christian faith. All of the charity’s activities are intended to work towards this objective.

The Trustees have considered the Charity Commission’s guidelines on public benefit and continue to review the charity’s activities to ensure that they provide benefit to the public. In shaping and planning our activities the trustees always ensure that the programmes we undertake are in line with our main objective.

The charity rents a building with multiple rooms for its weekly worship services at a local school. These services are for all who will attend, and are open to Christians and nonChristians, regular and non-regular members: there is no barrier to attendance. We are especially pleased to have attracted the wider community around times of celebration such as Easter, Christmas and baptism services. The teaching from our weekly worship services is also made available online and is accessible freely by the public.

A summary of our activities in 2024:

The provision of weekly services on a Sunday morning, to gather together to worship God and build up the church of Jesus Christ through Bible teaching and prayer, including the provision of general pastoral care of all.
Specific pastoral care of families and individuals, as needed and required, by the pastor and wider leadership team, such as: bereavement care, marital & pre-marital counselling, hospital & home visitation.
The provision of children’s care & activities during every weekly service, overseen by a qualified appointed person on a voluntary basis, and supported by a team of volunteers.
The provision of weekly Mid-Week community groups, to edify the church through studying God’s word & provide opportunity to do good to all through acts of loving service and prayer.
The design and production of materials to facilitate the mid-week groups.
The provision of a whole-church weekend away, to provide extended time and space to gather together to worship God through song, fellowship and study of God’s word.
The provision of leadership, support, opportunity and resources to encourage all other aspects of individual growth in service toward the church through the development of the gifts and talents provided by God.

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

The provision of benevolence support to individuals and families in need, including financial assistance, advice, spiritual counsel and instruction, to those experiencing unforeseen financial difficulties, with a view to leading them to reach eventual sustained self-sufficiency.
“Missions” grants to individuals or organisations, locally, nationally & globally, only where this would directly meet the objects of the charity through the activity of these individuals or organisations.

Achievements and Performance, Year Ended 31[st] Dec 2024

The trustees continued to meet regularly, providing strategic, financial and operational governance to support the charity to meet its objectives. This includes meeting to set and approve the charity’s budget, the remuneration of staff, and to maintain ove rsight of all legal responsibilities and duties, including safeguarding.

The charity’s core leadership team, led by the pastor, continued to meet regularly to oversee and facilitate the delivery of the activities of the church. This included reviewing and developing the church’s vision, values & mission, and communicating this with the wider church.

The activities undertaken by the charity are supported by numerous volunteers. Their passion, expertise, experience and efforts combine to ensure the charity continues to deliver the above activities towards its objective. The gifts, talents and skills which God has given are then nurtured and developed, bringing to fruition many activities and acts of service throughout the life of the church. We are extremely grateful to God for all He has given His church, and share with our volunteers in declaring how good it is to serve one another in love.

2024 saw the introduction of a program of activities designed and delivered to develop the leadership appetites, understanding and skill of all who chose to attend. This included access to additional online resources and attendance at “shepherd school” ses sions led by friend and expert, Mark Walsh. All this was offered at no cost, as the charity chose consciously to invest in raising up leaders to support its continuing activities. Nonetheless, not all who began the course attended to completion. While initially expected to wrap up within the calendar year, the leadership development program has been extended into 2025. This will allow participants to complete the intended course, and then turn their attention to working out their learning in real, practical activities. We continue to pray, confident in God’s faithfulness, for Him to raise up and send out labourers into His harvest.

The provision of activities for children and young people continued throughout 2024. An intentional curriculum of engaging sessions were ran by an increasing number of volunteers from among the congregation. The resources and time invested in these activities highlight their importance to us. Far beyond providing free childcare for families attending the services, these activities minister to the whole family, and provide our youngest attendees with a rich syllabus that reinforces Christ’s love for all.

Following the success of our Weekend Away in 2023, another similar weekend was held in 2024. This weekend marked the climax of our study through the book of Nehemiah and focussed on equipping attendees to live in joyful service to God. Highlights of the weekend included a night of sung worship around a large campfire and regular purposeful opportunities for fellowship. While ultimately a success, the event was impacted by an overall reduction in attendees, including last-minute cancelations. This also led to an increase in the cost to the charity of running the event. Such an event is not currently planned for 2025.

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

2024 saw the charity mark it’s 20[th] anniversary with a large celebration event and service. This event celebrated God’s faithfulness over these years, and invited friends and volunteers, past and present, to gather to celebrate and commemorate all that God has done through Calvary Chapel Southampton. This celebration was an encouragement to all and we were especially pleased to share video messages from international students and missionaries who have partnered with the charity over the last 20 years.

In addition to regular weekly services and all the above, 2024 featured many other activities and programs. Particular highlights include; structured programs such as our partnership with the “Try Church” series to reach local students, events for facilita ting new-comers, and separate programs for men and women to support intergenerational fellowship and discipleship. Other highlights include organically appearing programs, such as a baptism service in May, a monthly “pizza & prayer” meeting, and one -off events that provide opportunities to invite others to join, such as a Christmas craft event.

As 2024 drew to a close, we celebrated the Christmas period with an additional service on Christmas day, and an exceptionally well-attended carol service. Stirred by a sermon series that expressed the joy that Christ’s coming has brought, this carol servic e provided an opportunity for us to invite friends and family to share in the joy of knowing Jesus. As we look towards 2025, we continue to rediscover our missional purpose and pray that God will continue to stir our hearts and lead all our activities to facilitate missional discipleship as the life and purpose of the church.

Financial Review

Financial Position

The charity’s primary source of funds is from free -will offerings, most often from those regularly attending the fellowship for weekly services. As a result, the donations received by the charity may fluctuate, in line with the congregation.

Total income for the year 2024 was £37,034 of which £36,051 was from free-will offerings and associated gift aid from the previous period. All donations received within 2024 were unrestricted. Total expenditure for the year was £32,720 from the £34,480 which had been budgeted for 2024. (Expenditure in the previous year was £41,823).

The charity began 2024 with £20,198 in the bank, £5,198 over the reserves set. With the previous year’s income of £31,912, a budget for 2024 was set in excess of this at £34,480, with the intention of halving the amount of cash held in excess of the reserves policy set.

Trustees worked diligently to manage expenditure within budget. In-year expenses fell £1,760 short of the allocated budget. Significant savings were made against rent (over £1k), by reorganising rooms needed for Family Ministry. Where expenditure in some areas exceeded allocated budgets, resources were re-prioritised to facilitate expenditure supporting discipleship. From the under-spend against budget, £1,500 has been added to a designated fund to facilitate missions grants in future periods.

While expenditure was managed to match the broad figures allocated within the budget, the charity also experienced a significant temporary fluctuation in donations, which further increased overall income beyond anticipated levels. For example, income from donations

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

varied from £1,900 to £3,200, month to month. Average monthly donations in Q1 were £2,200, rising to a peak in Q3 of £2,900, before returning to £2,300 in Q4. As a result, the year ended with an increase to the level of cash held in the bank, at £10,681 above reserves policy.

The trustees have already began work to identify where these additional funds are best invested, to support the continuing activities of the charity. Income in 2025 is expected to reduce, more broadly in line with previous years, to ~£33,000. A budget of £37,577 has been agreed for 2025, with the intention of halving the cash held in excess of the reserves policy.

The charity continues to receive sufficient donations to continue its planned activities. In budgeting for the following year, the charity will continue to supplement received donations with reserves until reserves are at the agreed reduced level.

Reserves Policy

Keeping in line with the Charity’s future plans it has a policy to hold sufficient reserves to be able to respond in a timely manner to any opportunity presented that would allow the charity to achieve those plans.

Reserves sufficient to cover up to 6 months of essential expenditure are required to be available as a liquid asset at all times. This figure is regularly reviewed by Trustees and is currently set at £15,000.

Trustees accept that reserves should be minimal for such a purpose. The above figure for necessary reserves is calculated on the basis of core expenditure for essential charity activities, and not solely on the basis of previous expenditure. In setting reserves, the trustees also consider relevant risk factors for the charity, including a reliance on a small number of donors.

Financial Operating Policy

The trustees take seriously their legal responsibility to maintain proper accounting records, provide accurate reporting, safeguard charity assets and take reasonable steps to prevent and detect fraud. The trustees are committed to establish and operate a financial framework and financial controls that fulfil these responsibilities and which also; demonstrate a good attitude towards handling money; a solid and reliable system for administering finances; and establish and encourage an environment of accountability for those handling money and for financial matters generally throughout the charity.

The charity’s financial operating policy (FOP) provides guidance to trustees, staff and volunteers on all matters financial. Through its implementation, an environment is cultivated that inspires trust and confidence in the way the charity handles financial matters whilst protecting the reputations of those handling money within the charity, the charity itself; and ultimately of God. The policy provides parameters that allow those handling financial matters in the charity to work freely and openly, and to avoid unnecessary misunderstandings arising around financial matters.

Safeguarding Policy

The trustees acknowledge and take seriously their legal and moral safeguarding duty and, with external expert support, have produced and implemented a suitable policy to address this commitment.

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

This policy is publicly available via our website and outlines our commitment to safeguarding including; working to prevent harm, safer recruitment, safeguarding training and our charity’s code of conduct; procedures for responding to allegations of abuse, raising concerns about a child, raising concerns about an adult; our commitment to continue our work with external experts and local agencies to maintain our own training and ensure practice and policy is regularly reviewed and amended in light of best practice.

Declaration

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees:

Simon Lawrenson (Chair)

Date: 31/03/2025

Plans For Future Periods

The trustees are aware of the practical & financial implications of the charity’s current model, operating as both a registered limited company and charitable organisation. Believing there are immediate and long-term financial benefits to doing so, the trustees are pursuing a conversion of the organisational model to a CIO. The legal advice associated with this process will present additional costs within 2025. However, once complete, some annual costs, such as financial accountancy services, can be expected to reduce significantly, offsetting these costs.

The trustees continue to work closely with the leadership team, to identify areas where additional funds can be invested for the greatest impact in support of the charity’s aims and objectives. Specific plans for leadership development, and additional outreach events, are expected to be delivered within 2025, alongside significant investment in external signage, to enable more people to access the activities of the charity.

Please refer to Objectives and Achievements for more information

Structure, Governance and Management

The charity’s trustees meet regularly and provide strategic, financial and operational governance to support the charity to meet its objectives. This includes production, approval and management of the charity’s budget, setting the remuneration of staff, a nd constant oversight of all legal responsibilities, obligations and duties.

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

A system of delegated budgets is used to equip and empower volunteers to serve and grow in the gifts that God has entrusted to them. This includes various budget items which are delegated to the charity’s core leadership team. The charity’s core leadership team, led by the pastor, also meet regularly to oversee and facilitate the delivery of the activities of the church, in line with the aims and objectives of the charity.

The charity is not a part of any wider networks to any extend that would impact upon operating policies, setting aims or objectives, established the activities of the charity, or setting the renumeration of staff.

While the charity may choose to provide grants to individuals and organisations locally, nationally and internationally, this is at the discretion of trustees and provided only and specifically in support of “mission”; whereby the individual or organisatio n is actively engaged in sharing the Christian faith in word and deed, in line with the aims and objectives of this charity. Such grants are made without obligation or expectation of continuing cooperation between the two organisations.

Please refer to Objectives and Achievements for more information

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Reference and Administrative Details

Trustees: Simon Lawrenson (Chair) Andrew Mulcaster Joseph Connelly Norma Diaper Pastors: Simon Lawrenson Governing Document: Memorandum and Articles Incorporated 10/11/2009 Registered Charity 1132627 Number: Company Number: 07023283 Charity Principal Address: 25 Preshaw Close Southampton SO16 5JP Accounts Prepared By: Bliss Accounts

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Statement of Financial Activities

For the Year Ended 31[st] Dec 2024

Note Income Donations and Legacies 2 Charitable Activities Other Trading Activities Investments 2 Other Income 2 Total Income Expenditure Raising Funds Charitable Activities 4-9 Total Expenditure Net Income (Expenditure) Transfers between Funds Net Movement in Funds Reconciliation of Funds 12-13 Total Funds b/fwd Total Funds c/fwd	Unrestricted Restricted Total Total Funds Funds Funds Funds 2024 2024 2024 2023 36,051 - 36,051 31,130 913 - 913 566 - - - - 45 - 45 - 25 - 25 216
	37,034 - 37,034 31,912 - - - - (32,720) - (32,720) (41,823)
	(32,720) - (32,720) (41,823) 4,314 - 4,314 (9,911) - - - -
	4,314 - 4,314 (9,911) 26,584 - 26,584 36,495
	30,898 - 30,898 26,584

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Balance Sheet

At 31[st] Dec 2024

	Note		2024		2023
Fixed Assets
Tangible Assets	9		1,370		2,815
Current Assets
Debtors	10	5,386		4,984
Cash in Bank and in Hand		25,681		20,198
Total Current Assets			31,067		25,182
Liabilities
Creditors: Amount falling	11
due within one year		(1,539)		(1,413)
Net Current Assets			29,528		23,769
Net Assets			30,898		26,584
The Funds of the Charity	12-13
Unrestricted Funds			30,898		26,584
Restricted Funds			-		-
Total Funds			30,898		26,584

For the year ending 31[st] March 2024 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 of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These Financial Statements were approved by the board of trustees and signed on their behalf on 31/03/2025

Simon Lawrenson (Chair)

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Summary Income and Expenditure Account

For the Year Ended 31[st] Dec 2024

Income Gains/(losses) on Investments Interest and Investment Income Gross Income in the Reporting Period Expenditure Interest Payable Depreciation and charges for impairment of Fixed Assets Total Expenditure in Reporting Period Net Income (Expenditure) before tax Tax Payable Net Income (Expenditure) for the financial year	2024 36,989 - 45 37,034 (31,275) - (1,445) (32,720) 4,314 - 4,314	2023 31,912 - -
		31,912 (40,435) - (1,388)
		(41,823) (9,911) -
		(9,911)

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Notes to the Financial Statements

For the Year Ended 31[st] Dec 2024

1. Accounting Policies

General Information

Calvary Chapel Southampton is a Limited Company registered in England and Wales. The registered charity number, company number and address of the charity is given in the charity Reference and Administrative Details.

Statement of Compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and The Charities Act 2011.

Calvary Chapel Southampton Limited is a Public Benefit Entity as defined by FRS 102.

Going Concern

The charity has a number of regular donors, giving the trustees reasonable confidence that sufficient funding will be secured beyond the current year. The trustees have assessed the level of funds held, in addition to the cash flow needs of the charity, concluding with confidence that it will be able to continue in its operation.

Fund Accounting Policies

The General Funds are not subject to any restrictions regarding their particular use and are available for applicable general purposes of the charity.

Designated funds comprise unrestricted funds that have been set aside by the trustees and earmarked for particular purposes.

The Missions Grants Designated Fund is earmarked monies to be used for non performance grant payments to Christian charities or individuals for the advancement of the Christian faith, benevolence or hardship in the UK or oversees.

Incoming Resources

All incoming resources are included in the Statement of Financial Activities (SoFA) when; the charity is legally entitled to the resources; the trustees are virtually certain they will receive the resources; and the monetary value can be measured with sufficient reliability.

Donations are only included in the SoFA when the charity has unconditional entitlement to the resources.
Where incoming resources have related expenditure, the incoming resources and related expenditure are reported gross in the SoFA
Incoming resources from Gift Aid tax reclaims are included in the SoFA at the same time as the gift to which they relate.
The value of voluntary help received is not included in the accounts but is described in the trustee’s annual report.

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Investment income is included in the accounts when receivable.

Expenditure and Liabilities

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. It is probable that the paying out of resources will be required in settlement and the amount of the obligation can be measured reliability. The charity makes grants to individuals and other institutions to further its charitable objectives.

Governance costs of the charity are accurately recorded. These costs include those associated with preparation and examination of accounts, trustee meetings, trustee legal advice and expenditure incurred on the strategic management of the charity.

Fixed Assets

Tangible fixed assets which cost £500 or more and used for more than one year are capitalised.

They are valued at cost price or a reasonable value on receipt. Depreciation is calculated on tangible fixed assets using the Straight-Line Method: Fixtures, fittings and equipment: at 25% of the cost per year

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered.

Judgements in Applying Accounting Policies

In the application of the church's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates but are unlikely to be material.

Cash at Bank and In Hand

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

Financial Instruments

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

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Notes to the Financial Statements - Continued

2. Analysis of Income

2024	2023	2023
Unrestricted Restricted Total Funds Funds Funds 31,196 - 31,196 4,855 - 4,855	Unrestricted Restricted Total Funds Funds Funds 27,052 - 27,052 4,078 - 4,078
36,051 - 36,051	31,130	- 31,130
913 - 913	566	- 566
45 - 45 25 - 25 - - - - - - - - - - - -	- - 79 60 57 20	- - - - - 79 - 60 - 57 - 20
- - 25	216	- 216
37,009 - 37,034	31,912	- 31,912
	2024 £ - - - 7 5 4 11 15 10 7 6 65	2023 £ - -
		- 7 7 4 11 13 14 12 7
		75

3. Donated Goods, Facilities and Services

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Notes to the Financial Statements - Continued

4. Analysis of Expenditure on Charitable Activities

Note Mission and Ministry Discipleship Outreach Children's Ministry Hospitality and Supplies Grants Payable 7 Conferences and Retreats Staff Wages 8 Honoraria Travel 5 Property, Management and Administration Building - Rent and Utilities Bank, GoCardless and Stripe Charges Insurance IT, Media and Music Depreciation Charges 9 Office Expenses and Postage Accounting Independent Examination 6	2024 Activities Grant Undertaken Funding of Support Directly Activities Costs Total £ £ £ £ 956 - 1,408 2,364 - - - - 266 - - 266 785 - - 785 - 300 - 300 3,457 - - 3,457 14,452 - - 14,452 1,018 - - 1,018 - - - - 20,934 300 1,408 22,642 7,005 - - 7,005 51 - - 51 315 - - 315 698 - - 698 1,445 - - 1,445 42 - - 42 377 - - 377 145 - - 145 10,078 - - 10,078 31,012 300 1,408 32,720	2023
		Activities Grant Undertaken Funding of Support Directly Activities Costs Total £ £ £ £ 1,505 - 871 2,376 - - - - 386 - - 386 722 - - 722 - 2,001 - 2,001 1,995 - - 1,995 20,655 - - 20,655 - - - - 50 - 50
		25,313 2,001 871 28,185 6,304 - - 6,304 58 - - 58 984 - - 984 3,962 - - 3,962 1,388 - - 1,388 207 - - 207 - - 600 600 - - 135 135
		12,903 - 735 13,638
		38,216 2,001 1,606 41,823

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Notes to the Financial Statements - Continued

5. Trustee Expenses

No trustee was paid for their service as a trustee. The nature of expenses incurred were for: ministry, administrative and subsistence causes, exclusively and necessary for fulfilling the charity objects.

2 Trustees were paid expenses in the financial year ended 31st Dec 2023 1 Trustees were paid expenses in the financial year ended 31st Dec 2023

Trustee Expenses Conferences and Retreats Travel	2024 £ 528 - 528	2023 £ - 50
		50

6. Independent Examination

Independent Examiner Fees	2024 £ 145	2023 £
		135

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Notes to the Financial Statements - Continued

7. Grant Making Activities

	2024	2023
	£	£
Grants Made to Institutions
Southampton University Christian Union	300	-
Grants Made to Individuals
Ukrainian Hardship Support	-	2,001
Total	300	2,001

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Notes to the Financial Statements - Continued

8. Staff Costs, Employee Benefits and Trustee Remuneration

Average number of staff employed during the reporting period Staff Costs and Employee Benefits Ministerial Staff Stipend Salary Employer's Social Security Costs Employer's Contribution to Pension Schemes Other Employee Benefits	2024 1 £ 13,800 652 - - 14,452	2023 2 £ 19,931 724 - -
		20,655

No employees received employee benefits of more than £60,000

Trustee Remuneration

By provision of the charity's Governing Document, in his capacity as pastor, S. Lawrenson was remunerated £13,800 with £328 in personal expenses (£13,800 and nil personal expenses in 2023). This salary payment was in relation to their ministerial role, and not their trustee role. There were no pension contributions made.

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Notes to the Financial Statements - Continued

9. Fixed Assets

Cost or Valuation At 1st Jan 2024 Additions Disposals Revaluations Transfers At 31st Dec 2024 Depreciation and Impairments At 1st Jan 2024 Disposals Depreciation Impairment Transfers At 31st Dec 2024 Net Book Value at 1st Jan 2024 Net Book Value at 31st Dec 2024	Ministry Equipment £ 6,058 - - - -
	6,058 (3,244) - (1,444) - -
	(4,688) 2,814
	1,370

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Notes to the Financial Statements - Continued

10. Debtors

Prepayments and Accrued Income Insurance CCLI Licence Discipleship - memberships Children's Ministry - DBS memberships Costco Membership Other Debtors HMRC Gift Aid Total 11. Creditors Amount falling due within one year Accruals and Deferred Income Other Creditors Rent Accountancy Fees Independent Examination Taxation and Social Security Total	2024 £ 245 172 - 55 - 472 4,914 5,386 2024 £ - (1,248) (146) (145) - (1,539) (1,539)	2023 £ 234 168 437 54 13
		906
		4,078
		4,984
		2023 £
		- (1,128) (130) (155) -
		(1,413)
		(1,413)

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Notes to the Financial Statements - Continued

12. Summary of the Assets and Liabilities of each Category of Fund

Tangible Fixed Assets Intangible Assets Current Assets Debtors Creditors: Amounts falling due within one year Creditors: Amount falling due after more than one year	2024 Unrestricted Restricted Total Funds Funds Funds £ £ £ 1,370 - 1,370 - - - 25,681 - 25,681 5,386 - 5,386 (1,539) - (1,539) - - - 30,898 - 30,898	2023
		Unrestricted Restricted Total Funds Funds Funds £ £ £ 2,815 - 2,815 - - - 20,198 - 20,198 4,984 - 4,984 (1,413) - (1,413) - - -
		26,584 - 26,584

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Notes to the Financial Statements - Continued

13. Movement In Funds

Unrestricted Funds General Fund Missions Grants Designated Fund Ukrainian Aid Designated Fund Total Funds	Fund Balances Net Fund Balances Brought Forward Income Expenditure Transfers Carried Forward £ £ £ £ £ 26,584 37,034 (32,420) (1,400) 29,798 - - (300) 1,400 1,100 - - - - -
	26,584 37,034 (32,720) - 30,898

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CALVARY CHAPEL SOUTHAMPTON Annual Report – Year Ended 31[st] Dec 2024

Notes to the Financial Statements - Continued

14. Related Party Transactions

Income

Income from donations and legacies include £6,100 received from Trustees and Related Parties

Expenditure

All expenditure transactions involving related parties are detailed in note 5, 'Trustee Expenses', and note 8, 'Staff Costs, Employee Benefits, and Trustees' Remuneration'.

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Independent examiner's report to the trustees of Calvary Chapel Southampton Limited

I report to the charity trustees on my examination of the accounts of Calvary Chapel Southampton Limited for the year ended 31[st] December 2024.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors 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 of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination; I report in respect of my examination of 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 in connection with the examination giving me cause to believe that in any material respect:

Accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

Signed:

Michael King MAAT Member of the Association of Accounting Technicians 53 Fountain Fields High Bickington Devon EX37 9AP

Date: 7[th] May 2025

2024-12-31-accounts

Calvary Chapel southampton