2023-03-31-accounts

Charity registration number: 1132914

Hebron Church Carlisle

Annual Report and Financial Statements

for the Year Ended 31 March 2023

Hebron Church Carlisle

Contents (continued)

Reference and Administrative Details	1
Trustees' Report	2
Statement of Trustees' Responsibilities	3
Independent Examiner's Report	4
Statement of Financial Activities	5
Balance Sheet	6
Notes to the Financial Statements	7 to 14

Hebron Church Carlisle

Reference and Administrative Details

Chairman Elizabeth Marylyn Roberts Trustees Mr Glyn Lucas Elizabeth Marylyn Roberts Mr Philip Ian Halliwell Victoria Tagerud Mr Howard Newton Senior Management / Leadership Mr Gordon Younger, Treasurer Team Mr Rob Scott-Buccleuch, Treasurer Charity Registration Number 1132914 Principal Office 98 Botchergate Carlisle CA1 1SN Independent Examiner GRC Accountants Limited 166 Banks Road West Kirby Wirral CH48 0RH

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Hebron Church CArllsle Trustees, Report The trust¢es presettt the 4nDug1 r¢port tO8ether with the financial statements of the charity for the yrar ended 31 March 2023. Objectives activities Objerts The objeciive of the eh8rity is to advance the ChristiaTr f&ith in accorda￿¢¢ with the Charity Stakm¢nt of Beliefs ID the area of Carlisle and other parts of the world. P4blle beReftt The irustees consider thai public benefit is PTovided sillce th¢ public of Carlisle atMI beyo1￿ are en¢ourn8ed to attend an(V or panicipaie in the following activities wth¢r¢ Televant to them= • Communion, worship. proyer and study m¢etings Parent and toddlergroup5 . Children's groups . Youth 8TOUPS . Aduli house 8roups • Pastoral ¢are • MissioDary support . H05tel outre￿h work 108 ￿¢3Ib&llk • Weddings and funerals . Other work to benefit the elderly and lonely . Training fi]DJre chur¢h workers The main Sunday smice is broadcast live via YouTube, for the ben¢fil of those unable to attend in person. The trustees ¢onfimi that they have complied with the Tquiremems of section 17 of the Charitkes Act 2011 to have due regard to the public benefit guidance published by the Charity Commissioo for England and Wales. Finncil r￿]¢* Policy rcferve5 The ¢h#rity endeavours to keep sufficient reserves to meet the costs of at le4si three months, ordinary activity expenses. Y. 11.23 The anrtua] ryrt w&5 approved by the tru5tee5 of the charity on.................... and si8ned on its b¢half by.. Elizabeth mary1)￿ Roberts Chaimjan and trns Pag¢ 2

Hebron Church C#rli51e Statement of Trnstees, Re5ponsibilitie$ The trns¢ees are res￿nSible for preparing the tNst¢e$' rewrt and the fitJ8ncial statrments in atcord8n¢e with the United Kingdom Accountlng Standards (United Kingdom Genernlly Accepted Accowiiing Practice} and applicable law and regulations. Th¢ law applicable to charities requires th¢ trnsiees to prepare fEnancial ststements for financial year which give a tnje Ènd fair vsew of the state of affair5 of the clwiry and of the incoming resource5 and appIl￿tIon of r¢sour¢es of the charity for thai period. ln preparin8 these fitian¢ia] statements ihe trustee5 are required to- seleci stsitable ￿¢)￿nTIng polickes and then apply them con5iStently; ob5¢rve the methi)d$ and principlts in the Charities SORP: m8k¢ jydgements and estsmAtes that are reasonable and Prudent: state whetheT applicable ¥¢ouniing stattdaTds have been followed. subject to any Inaterial d¢panures disclosed 2nd explained in the finan¢io1 st&ments,' and prepare ihe financial 5tat¢meDts on the going Concern basis uttle5S it l5 inappropriate to presume thar the charity will continue in business. The tTU5tees are regpoosible for keeping proper accounting re¢ords that disc105e with reasonable iccuracy at any time the fsnancial p)sition of the chariry at)d enable them io ensure that the finenci￿ sthiements comply with the Charities Art 2011, the Charities IAc¢ounts and Reports) RegulatiotL5 2008, and pmvision5 of the constitution. The trustees are also responsible for s&feguardirt8 the &8sets of the charity and hence for raking reasonable step5 for the prevention dection of fraud and otheT irre8ulaTities. The trustees arc Tcsponsibl¢ for the maintenance 8nd iniegrtty of the corporate and financial infomiation included the chart*2ble company's website. Legislatton 8ov¢rning the prepardtion and dissemination of rinancial 5tstrments may differ from legisl&tion in other jurisdictions. l.y: 11.. XY Ind st8ned on its behalf by.. Approved by th¢ trustees of the charity on... . Elizabeth Marylyn Roberts Chairrnan and Trustee Page 3

Hebron Church Carlisle Independent Examiner's Report to the trustees of H¢bron Church Carlisle I report to tl)e tru51¢¢s on t￿Y exaniination of the accounts of Hebroii Churcli Carlisle for the yellr ended 31 Mawh 2023. Respon61billtl¢s basls of report As the charity trustees of Hebron Church Carlisle you are respOr￿Ible for the pr¢p8ration of tlie accounts in aCCOTdancc with th¢ r¢quirernen18 of the Charitics Act 2011 ('tli¢ Act,). I report in respect of my examination of the Hebron Church Carlislc's accounts carried out under $￿tIOn 145 of the 2011 Act and in canying out Iny cxaininlliion I havo followed all the appliGuble DirectlODS giv￿1 by th¢ Cliarity Con)mission ullder section 145(51{b) of th¥ Aet. Independent examlner'8 YtAtemtnt have coinpl¢tcd iny CAE￿nIn￿tIon. l Confirm that no Inaterial in&tl¢iT have ¢om¢ to my attention in connection witli th¢ examination giving mc cause to boli¢ve ihpt in any materiAI reSp￿t.. 1. a￿ou1)ll)is records w¢re iiot k¢pl in r¢sp¢ct of H¢hron Chur¢li Cllrlisle as f¢qLiired by s¢x'Lion 130 of thc Act; or 2. th¢ a¢Lount¥ do nol accord willi thosc records., or 3, the accounLs do not coinply with tlie accounting rcquircm¢n18 con¢cTning the forin und Conttnt of accounts 8¢t out iii the Ch#ritie¥ IAccoiinl& and Ropoiis) Regiililions 2008 oiliLr tlian any irquiirin¢nt ihat thc accounts give a 'tNe aDd fair view, whicli i¥ not a Ihatlcr ¢0115id¢r¢d 4& part of an independent oxaininallon. Iiavc no ¢oiicern3 nnd havo corne iLVOB8 1)0 oihor InT¢ttoi% in cOnn￿lI01} willi tho exaininalion to wliicli aii¢ntion should b¢ drllwi in this r¢poi* in ordcr io ¢nabl¢ a prop¢r uttder¥tandin8 of thg accounts to b¢ r¢&ched. Gareih Cooper ACCA 166 BAnk5 Road We%t Kirby WirNI CF148 ORH Dat¢.. Page 4

Hebron Church Carlisle

Statement of Financial Activities for the Year Ended 31 March 2023

Note Income and Endowments from: Donations and legacies Investment income 3 Total income Expenditure on: Charitable activities Total expenditure Net expenditure Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 9 Note Income and Endowments from: Donations and legacies Total income Expenditure on: Charitable activities Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 9	Unrestricted funds £ 166,231 191 166,422 (178,224) (178,224) (11,802) (11,802) 115,297 103,495 Unrestricted funds £ 158,211 158,211 (152,023) (152,023) 6,188 6,188 109,109 115,297	Total 2023 £ 166,231 191
		166,422
		(178,224)
		(178,224)
		(11,802)
		(11,802) 115,297
		103,495
		Total 2022 £ 158,211
		158,211
		(152,023)
		(152,023)
		6,188
		6,188 109,109
		115,297

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 9.

The notes on pages 7 to 14 form an integral part of these financial statements. Page 5

Hebron Church Carlisle (Registration number: 1132914) Balance Sheet as at 31 March 2023 2023 11122 C*rrtnt 8ssets Cash at bank and in Iwld 105.035 16.765 Credlton: Amowffjts [￿11￿$ du¢ w5¢hln one yÈ•r Net asse 1.540 1.468 103,495 115.297 Funds of the ch•rlty: Unmtricted ipcome funds Unrestrieted fw 103.495 115.297 Totsl fu•d$ 103,495 115297 The financÈal statrments on pages 5 to 14 were approved by th¢ tmsteffj and auihoriwj for issue QD ..iY.II,.%Sand signed on th¢ir behalf by.. Elizabeth Marylyn Roberts Chairman and tn]slee The ￿￿¢S on pages 7 th 14 forni an intrgral part of these financial staiements. Page 6

Hebron Church Carlisle

Notes to the Financial Statements for the Year Ended 31 March 2023

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Hebron Church Carlisle meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has received the income.

Donations and legacies

Donations and legacies are recognised on receipt.

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Expenditure

All expenditure is recognised once payment has been made. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

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Hebron Church Carlisle

Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)

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.

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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Trust does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

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.

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Hebron Church Carlisle

Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)

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.

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Hebron Church Carlisle

Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)

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.

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Hebron Church Carlisle

Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)

Derivative financial instruments

The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purposes.

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship.

Fair value measurement

The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

2 Income from donations and legacies

Donations and legacies; Donations from individuals Gift aid reclaimed Total for 2023 Total for 2022 3 Investment income Interest receivable and similar income; Interest receivable on bank deposits Total for 2023	Unrestricted funds General £ 142,695 23,536 166,231 158,211 Unrestricted funds General £ 191 191	Total funds £ 142,695 23,536
		166,231
		158,211
		Total funds £ 191
		191

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Hebron Church Carlisle

Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)

4 Expenditure on charitable activities

Allocated support costs Total for 2022 Church Lunches & Refreshments Gross Wages & salaries Church General Expenses Rent and Insurance payable Light and heat Premises repairs and renewals Childrens and Youth Work Stationery, Postage and Telephone Visiting Speakers Gifts to Missionaries and Organisations Total for 2023 Total for 2022	Note Grant funding of activity £ - - - - - - - - - 20,706 20,706 26,168	Unrestricted funds General £ 178,224 152,023 Activity support costs £ 5,575 87,356 23,258 4,560 8,551 20,674 3,264 3,880 400 - 157,518 125,855	Total funds £ 178,224
			152,023
			Total expenditure £ 5,575 87,356 23,258 4,560 8,551 20,674 3,264 3,880 400 20,706
			178,224
			152,023

5 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.

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Hebron Church Carlisle

Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)

6 Taxation

The charity is a registered charity and is therefore exempt from taxation.

7 Cash and cash equivalents

7 Cash and cash equivalents
Cash at bank 8 Creditors: amounts falling due within one year Trade creditors 9 Funds Balance at 1 April 2022 £ Unrestricted funds General 115,297 Balance at 1 April 2021 £ Unrestricted funds General 109,109	Incoming resources £ 166,422 Incoming resources £ 158,211	2023 £ 105,035 2023 £ 1,540 Resources expended £ (178,224) Resources expended £ (152,023)	2022 £ 116,765
			2022 £ 1,468
			Balance at 31 March 2023 £ 103,495
			Balance at 31 March 2022 £ 115,297

10 Analysis of net assets between funds

Current assets Current liabilities Total net assets	Unrestricted funds General £ 105,035 (1,540) 103,495	Total funds at 31 March 2023 £ 105,035 (1,540)
		103,495

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Hebron Church Carlisle

Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)

Current assets Current liabilities Total net assets	Unrestricted funds General £ 116,765 (1,468) 115,297	Total funds at 31 March 2022 £ 116,765 (1,468)
		115,297

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