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← Hill House Christian Centre Limited

2024-12-31-accounts

Company registration number: 06989797 Charity registration number: 1132733

Hill House Christian Centre Limited

(A company limited by guarantee)

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2024

Hill House Christian Centre Limited

Contents

Reference and Administrative Details 1
Strategic Report 2 to 3
Trustees' Report 4 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 to 23

Hill House Christian Centre Limited

Reference and Administrative Details

Trustees Mr M R Bashford Mrs E E Townsend Mr R J Morgan Mr P J James Mr D I Wood Mr T S Sudlow Ms J E Pike Secretary Mr D I Wood Mr T S Sudlow Charity Registration Number 1132733 Company Registration Number 06989797 The charity is incorporated in England and Wales. Registered Office Hill House Christian Centre Otterhampton Bridgwater Somerset TA5 2PT Independent Examiner Westcotts (SW) LLP Tallford House 38 Walliscote Road Weston-super-Mare Somerset BS23 1LP

Page 1

Hill House Christian Centre Limited

Strategic Report for the Year Ended 31 December 2024

The trustees, who are directors for the purposes of company law, present their strategic report for the year ended 31 December 2024, in compliance with s414C of the Companies Act 2006.

Achievements and performance

Use of the Centre continues to flourish, with groups and schools occupying the site on all dates outside of the winter shutdown and the summer months reserved for camps. The calendar for 2025 looks equally healthy.

Financial review

The accounts included with this report show the results for the year ended 31 December 2024 during which an operating loss of £13,599 arose (2023: loss of £17,885).

The trustees consider that free unrestricted reserves should be maintained at a level sufficient to meet the immediate ongoing needs of Hill House. These are as follows:

Three months of expenditure in 2024 was £63,921, cash at the year end was £197,118.

Designated funds are set aside by the Trustees for special purposes - this includes expenditure of a capital nature for the enhancement of the facilities at Hill House. These funds remain unchanged to reflect the temporary hold placed on this type of spending during the pandemic. The balance carried forward is £nil (2023: £35,000)

The balance of General Unrestricted Funds of £328,818 (2023: £307,417) is represented by Fixed Assets of £144,091 (2023: £175,655) and Free Unrestricted Reserves of £184,727 (2023: £131,762).

The Fixed Asset Accounting Policy (Note 2 to the Financial Statements) explains the difficulties associated with including a meaningful figure in the accounts for the Fixed Assets held by the trustees. The Trustees have agreed from 1 January 2003 that any additions or enhancements costing more than £2,500 will be capitalised and carried in the Balance Sheet at historical cost less depreciation.

Page 2

Hill House Christian Centre Limited

Strategic Report for the Year Ended 31 December 2024

Plans for future periods

The Trust will continue to maintain the accommodation areas and grounds at Hill House in order that future groups will be able to enjoy the facilities.

Subsidence issues to the Manor House dining and conference areas were repaired under our insurance cover during 2022, but will need to be revisited as some areas are still showing some subsidence. This work has continued through 2023 and 2024 with further investigations continuing by contractors appointed by the insurance company.

Work to remove the trees has progressed with Tree Protection Orders (TPOs) being dealt with for the trees to be removed now planned for 2025.

Trustees are looking at a number of capital projects for 2025, with the start of a rolling replacement of heating systems prioritising the systems that are causing most maintenance issues.

In addition, the trust is looking to replace the Windows in the main house, seeking planning advice to allow for new windows to incorporate double glazing. Once planning is granted the trust will see to start a rolling programme of replacement, over an anticipated period of 3 years, working on the windows that are in greatest need of replacement first. It is likely that the Trust will need to apply for some external funding in the form of grants to complete this project.

The strategic report was approved by the trustees of the charity on .................... and signed on its behalf by:

......................................... Mr M R Bashford Trustee

......................................... Mr T S Sudlow Charity Secretary

Page 3

Hill House Christian Centre Limited

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 December 2024.

Objectives and activities

The aim of Hill House Christian Centre Limited remains to encourage the commitment of people's lives to the Lord Jesus Christ and spiritual development in individuals of all ages, families, churches and groups, through the provision of Hill House, its leisure facilities, camp field and grounds.

The governing objectives of the Charity are as follows:-

o Hill House Christian Centre Limited and all its activities will be efficiently managed to the glory of God

o To operate Hill House as a Christian conference centre, available to churches, youth groups, families and schools, conferences and organisations

o To provide a summer youth holiday camp programme. The camp will have the aim of providing evangelism, Christian teaching and fellowship for young people

o To use the residential accommodation for the housing of a centre manager, maintenance and ground staff and general team members

o To treat with Christian care and concern all those employed and involved with Hill House To be part of the local neighbourhood and a Christian example to the community

o To continue the maintenance and improvement of Hill House's facilities, accommodation and grounds

o To consider ideas which would allow a greater fulfillment of the stated aims, but to also be compatible with and complimentary to existing activities

It is expected that visiting groups will subscribe to the Christian Basis of Faith, as published by the Evangelical Alliance (to which the charity belongs). The Charity, therefore, does not accept groups that are not seeking to promote and support the ideology, morality or lifestyle that is compatible with the Christian belief under the Equality Act 2010 Sch 23 or the Charities Act.

The company is committed to fulfilling its charitable purpose. This is "to further the Christian faith" and it is a requirement that all groups coming to Hill House Christian Centre will include Christian prayers and teaching in their programs on site. Most schools and other social groups will want to arrange such Christian input themselves. In other cases, the Trust is always willing and reserves the right to provide Christian content for inclusion in the group's program.

Public benefit

The Trustees continue to pay due regard to the Charity Commissions guidance on Public Benefit.

Page 4

Hill House Christian Centre Limited

Trustees' Report

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Staff

A minimum of three full time staff are required to live on site as they undertake the day to day running of Hill House. During the year we saw the departure of two team members, a team worker in addition to the Centre Manager. The remaining staff team member applied for and was the successful candidate being promoted to become the new Centre Manager from 1st January 2025. A couple applied for and were recruited to fill the other two team worker positions.

With 3 staff houses on site and one currently vacant, the trust is seeking to recruit a further team member in 2025.

The day to day running of the centre and staff is managed by the centre manager. However, staff can refer to the two trustees who have been delegated authority for line management and day to day strategic management.

Structure, governance and management

Nature of governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Organisational structure

The company was formed on 13th August 2009 with the express purpose to continue, with effect from 1st January 2010, the work of Bristol Christian Youth Trust. The Trust was set up on 29th June 1959 in order to further the holiday camp work that commenced in 1946 and formerly known as 'Bristol Boys and Girls Holiday Camp'.

In order to accommodate the purchase of Hill House, the Trust was rearranged and the name changed to 'Bristol Christian Youth Trust' in accordance with a supplemental Deed dated 14 September 1976.

With effect from 1 January 2010 the activities are carried out through Hill House Christian Centre Limited, a company limited by guarantee (company registration number 6989797). The company is also registered with the Charity Commission (charity registration number 1132733).

The trustees confirm that systems have been established to enable regular reports to be produced for review by the two managing trustees so that the major business and operational risks that the charity faces can be minimised.

The trustees consider nominations for new trustees giving due regard to any previous involvement they may have had with activities at Hill House and any particular skills that can be used for the benefit of the charity. Trustees are then recruited based on an assessment of skills and experience needed for the Board along with a requirement that they empathy for the vision of Hill House.

Page 5

Hill House Christian Centre Limited

Trustees' Report

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Statement of trustees' responsibilities

The trustees (who are also the directors of Hill House Christian Centre Limited for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Disclosure of information to auditor

Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware.

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Page 6

Hill House Christian Centre Limited

Trustees' Report

The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:

......................................... Mr M R Bashford Trustee

......................................... Mr T S Sudlow Charity Secretary

Page 7

Hill House Christian Centre Limited

Independent Examiner's Report to the trustees of Hill House Christian Centre Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 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 matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of Hill House Christian Centre Limited as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. 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

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

...................................... Mr P Lomax

Tallford House 38 Walliscote Road Weston-super-Mare Somerset BS23 1LP

Date:.............................

Page 8

Hill House Christian Centre Limited

Statement of Financial Activities for the Year Ended 31 December 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
3
Charitable activities
4
Investment income
5
Other income
6
Total income
Expenditure on:
Charitable activities
7
Total expenditure
Net expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
17		 Unrestricted
funds
£
£19,577
£218,797
£3,667
£45
£242,086
(£255,685)
(£255,685)
(£13,599)
(£13,599)
£342,417
£328,818		 Total
2024
£
£19,577
£218,797
£3,667
£45
£242,086
(£255,685)
(£255,685)
(£13,599)
(£13,599)
£342,417
£328,818		 Total
2023
£
£31,235
£185,545
£1,583
£45
£218,408
(£236,293)
(£236,293)
(£17,885)
(£17,885)
£360,302
£342,417

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 17.

The notes on pages 11 to 23 form an integral part of these financial statements. Page 9

Hill House Christian Centre Limited

(Registration number: 06989797) Balance Sheet as at 31 December 2024

Note
Fixed assets
Tangible assets
10
Current assets
Stocks
11
Debtors
12
Cash at bank and in hand
13
Creditors: Amounts falling due within one year
14
Net current assets
Net assets
Funds of the charity:
Unrestricted income funds
Unrestricted funds
Revaluation reserve
Other reserves
Total unrestricted funds
Total funds
17		 2024
£
£144,091
£2,964
£18,454
£197,118
£218,536
(£33,809)
£184,727
£328,818
£328,818
£35,000
(£35,000)
£328,818
£328,818		 2023
£
£175,655
£1,755
£24,217
£166,503
£192,475
(£25,713)
£166,762
£342,417
£342,417
£
£
£342,417
£342,417

For the financial year ending 31 December 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements on pages 9 to 23 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:

.........................................

Mr M R Bashford Trustee

The notes on pages 11 to 23 form an integral part of these financial statements. Page 10

Hill House Christian Centre Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

1 Charity status

The charity is a public benefit entity and a private company limited by guarantee, incorporated in England and Wales and a registered charity in England and Wales.

The address of its registered office is:

Hill House Christian Centre Otterhampton Bridgwater Somerset TA5 2PT

Authorised for issue date

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Hill House Christian Centre Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Page 11

Hill House Christian Centre Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Incoming resources

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably. The following specific policies are applied to particular categories of income:

Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

Legacy income is recognised when receipt is probable and entitlement is established.

Income from donated goods is measured at the fair value of the goods unless impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.

Income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

Expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.

Expenditure on charitable activities includes all costs incurred by a charity undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Page 12

Hill House Christian Centre Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Tangible fixed assets

The property at Hill House, a grade II Listed building, was acquired in a fire damaged condition and the renovations over the years have been carried out by a mixture of voluntary labour and professional contractors. In view of the considerable amount of voluntary labour and gift of materials as well as monetary gifts to enable the renovations and improvements to be made, the property and equipment have been included in the balance sheets up to 31 December 2002 at the nominal value of £1 but true cost is difficult to ascertain. Market value is also difficult to determine in view of the restricted use for the premises.

Individual fixed assets costing £2,500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Land and buildings 10 or 15 years straight line Furniture and equipment 5 or 10 years straight line

Stock

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Page 13

Hill House Christian Centre Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Page 14

Hill House Christian Centre Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Debt instruments

Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:

(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.

(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.

(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).

(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.

(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.

(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).

Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.

With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.

Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.

Investments

Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.

Page 15

Hill House Christian Centre Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

3 Income from donations and legacies

Donations and legacies;
Donations from individuals
Gift aid reclaimed
Donations and legacies;
Donations from individuals
Legacies
4
Income from charitable activities
Use of facilities at Hill House
Use of facilities at Hill House
5
Investment income
Interest receivable and similar income;
Interest receivable on bank deposits		 Unrestricted
funds
General
£
£16,534
£3,043
£19,577
Unrestricted
funds
General
£
£11,235
£20,000
£31,235
Unrestricted
funds
General
£
£218,797
Unrestricted
funds
General
£
£185,545
Unrestricted
funds
General
£
£3,667
£3,667		 Total
2024
£
£16,534
£3,043
£19,577
Total
2023
£
£11,235
£20,000
£31,235
Total
2024
£
£218,797
Total
2023
£
£185,545
Total
2024
£
£3,667
£3,667

Page 16

Hill House Christian Centre Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Interest receivable and similar income;
Interest receivable on bank deposits
6
Other income
Wayleave Western Power
7
Expenditure on charitable activities
Note
Opening stock
Closing stock
Wages and salaries
Pension costs
Rates & water
Light, heat and power
Insurance
Repairs and maintenance
Ground maintenance
Septic tank & waste removal
Office expenses
Direct costs
Cleaning
Motor expenses
Advertising
Accountancy fees
Depreciation of other tangible		 Unrestricted
funds
General
£
£1,583
£1,583
Unrestricted
funds
General
£
£45
Unrestricted
funds
General
£
£1,755
(£2,984)
£73,083
£2,083
£8,812
£39,618
£12,612
£10,097
£8,490
£3,154
£13,702
£34,584
£14,586
£2,579
£375
£1,575
£31,564
£255,685		 Total
2023
£
£1,583
£1,583
Total
2024
£
Total
2023
£
£45
Total
2024
£
£1,755
(£2,984)
£73,083
£2,083
£8,812
£39,618
£12,612
£10,097
£8,490
£3,154
£13,702
£34,584
£14,586
£2,579
£375
£1,575
£31,564
£255,685

Page 17

Hill House Christian Centre Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Note
Wages and salaries
Pension costs
Rates & water
Light, heat and power
Insurance
Repairs and maintenance
Ground maintenance
Septic tank & waste removal
Office expenses
Direct costs
Cleaning
Motor expenses
Advertising
Accountancy fees
Depreciation of other tangible
(Profit)/loss on sale of tangible fixed assets held for
charity's own use		 Unrestricted
funds
General
£
£70,698
£1,752
£8,271
£28,896
£11,468
£20,603
£3,788
£3,284
£16,162
£26,472
£4,148
£1,849
£1,802
£1,700
£34,230
£1,170
£236,293		 Total
2023
£
£70,698
£1,752
£8,271
£28,896
£11,468
£20,603
£3,788
£3,284
£16,162
£26,472
£4,148
£1,849
£1,802
£1,700
£34,230
£1,170
£236,293

Page 18

Hill House Christian Centre Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

8 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

9 Independent examiner's remuneration

9
Independent examiner's remuneration
Independent examination fees
10 Tangible fixed assets
Cost
At 1 January 2024
At 31 December 2024
Depreciation
At 1 January 2024
Charge for the year
At 31 December 2024
Net book value
At 31 December 2024
At 31 December 2023
11 Stock
Stocks		 Land and
buildings
£
£456,913
£456,913
£327,738
£21,860
£349,598
£107,315
£129,175		 2024
£
£1,575
Furniture
and
equipment
£
£132,180
£132,180
£85,700
£9,704
£95,404
£36,776
£46,480
2024
£
£2,964		 2023
£
£1,700
Total
£
£589,093
£589,093
£413,438
£31,564
£445,002
£144,091
£175,655
2023
£
£1,755
2024
£
£2,964

Page 19

Hill House Christian Centre Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

12 Debtors
Trade debtors
Prepayments
13 Cash and cash equivalents
Cash on hand
Cash at bank
Short-term deposits		 2024
£
£4,994
£13,460
£18,454
2024
£
£441
£25,728
£170,949
£197,118		 2023
£
£7,839
£16,378
£24,217
2023
£
£1,100
£3,993
£161,410
£166,503

14 Creditors: amounts falling due within one year

Trade creditors
Other taxation and social security
VAT grant repayable
Other creditors
Accruals
Deferred income		 2024
£
£4,934
£1,936
£5,304
£1,494
£2,724
£17,417
£33,809		 2023
£
£1,691
£1,246
£2,829
£1,581
£3,044
£15,322
£25,713

Deferred income refers to the deposits held in advance for groups intending to stay at Hill House in the future. The deposits held at year-end are £17,417 (2023: £15,322).

15 Pension and other schemes

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £2,083 (2023: £1,752).

Page 20

Hill House Christian Centre Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

16 Reserves
Other reserve movements		 Unrestricted
revaluation
reserve
£
(£35,000)		 Other
reserves
£
£35,000

Page 21

Hill House Christian Centre Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

17 Funds

17 Funds
Balance at
Balance at 31
1 January Incoming Resources December
2024 resources expended Transfers 2024
£ £ £ £ £
Unrestricted funds
General
Unrestricted Funds £307,417 £242,086 (£255,685) £35,000 £328,818
Designated
Designated Fund £35,000 £ £ (£35,000) £
Total funds £342,417 £242,086 (£255,685) £ £328,818
Balance at 1 Balance at
January Incoming Resources 31 December
2023 resources expended 2023
£ £ £ £
Unrestricted funds
General
Unrestricted Funds £325,302 £218,408 (£236,293) £307,417
Designated
Designated Fund £35,000 £ £ £35,000
Total funds £360,302 £218,408 (£236,293) £342,417
18 Analysis of net assets between funds
Total funds
Unrestricted at 31
funds December
General 2024
£ £
Tangible fixed assets £144,091 £144,091
Current assets £218,536 £218,536
Current liabilities (£33,809) (£33,809)
Total net assets £328,818 £328,818

Page 22

Hill House Christian Centre Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
General
£
£175,655
£192,475
(£25,713)
£342,417		 Total funds
at 31
December
2023
£
£175,655
£192,475
(£25,713)
£342,417

19 Related party transactions

There were no related party transactions in the year.

Page 23