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
Page 1
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 outreh 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.
Fin*nci*l 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 resnSible for preparing the tNst¢e$' rewrt and the fitJ8ncial statrments in atcord8n¢e with the
United Kingdom Accountlng Standards (United Kingdom Genernlly Accepted Accowiiing Practice} and
applicable law and regulations.
Th¢ law applicable to charities requires th¢ trnsiees to prepare fEnancial ststements for financial year which
give a tnje Ènd fair vsew of the state of affair5 of the clwiry and of the incoming resource5 and appIltIon of
r¢sour¢es of the charity for thai period. ln preparin8 these fitian¢ia] statements ihe trustee5 are required to-
seleci stsitable ¢)nTIng polickes and then apply them con5iStently;
ob5¢rve the methi)d$ 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 de*ction 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 tY 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 respOrIble 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 giv1 by th¢
Cliarity Con)mission ullder section 145(51{b) of th¥ Aet.
Independent examlner'8 YtAtemtnt
have coinpl¢tcd iny CAEnIntIon. 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 reSpt..
1. aou1)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 cOnnlI01} 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.
Page 7
## **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.
Page 8
## **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.
Page 9
## **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.
Page 10
## **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|
Page 11
## **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.
Page 12
## **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|
Page 13
## **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|
Page 14