Charity registration number: 1132914 Hebron Church Carlisle Annual Report and Financial Siatmenls for the Ycar F.ndcd 31 MÉirch 2024
Hebron Church Carlisle Contents (continued) Reference and Administiative Details Tru5tees' Report Stat¢ment of Trust¢C5' RcsponsibilitlC5 Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statwnents 7t014
Hebron Church Carlisle Reference and Administrative Details Chairnian Nlr Pliilip lan Halliwell Trustees Mr Glyn Luca5 Mr Philip lan l-lalliwell Victoria Tagerud Mr Hom'ard NetOn Senior Management / Leadership fvlr Gordon Younger. Treasurer Team Ir Rob Scolt-Buccleu¢h, Treasurer Mr Paul Youngtrer. Treasurer Charity Registration Number 11.32914 Principal Office 98 Bolcliergale Carli51¢ CAI ISN Independent Lxaminer CJRC Accountanls Limtled 166 B<inks Road West Kirby Wirrdl CH48 ORH Pa¥e I
Hebron Church Carlisle Trustees, Report Tlie trustees present the annual report togyeiher with the fmanctal st2teInen15 of tlie charity tor Ihe J'ear elided 3 Marcli ?024. Objeetives activities Ohjec't.s und aim5 The objective of the charit)r is lo advance the Christian faith in accordance with tlle Charity StrdtL'mL'EIt of Beliefs in the area ofcarlisle and oihei. parts of the i¥orld. Public benefit The Iriisiees considei. thai public benefil is provided since the Pliblic of C arlisle and beyond al'e encouraged to attei)d and/ or participate in tlie folloiviiig aLtivities where relevant to iliein.. CiTrmmunion, worship. prayer and studv meetingys Parent and tiTrddler groups • C.l)ildrcii s groups I'outli groups Adult house gmups Pastoral Lare N,lissionary' support Supporl lor iieedy families by provision ol Cliristinas hampers Mealbank and Connecl groups littcluding provision o( wasliing, lacilities. shoiver5, cloihing and survival packs for thL" homeless) Weddingjs and funerals Oilier work to benefit the elderly and loiiely During 20?" J-2024 the main Sunday service was broadcast live via YouTube. for the benefit of those unable to altend in person. The Irustee5 conliri)I that they have complied with the requirenients of secllon 17 of ihe C'harities Aet 201110 have due regard to the publ ic benefit guidancL published by the Charity Commission fvr F.iigland and Wales. FinAnci*l review P(pliei' reserve¥ Tl)e cliaril}' eiideavoLifs lo keep suifiLienl reserves lo Ineel the costs of al least tliree monih5' ordinary activity expL'nsLs. The annual report was approved by the trustees of the charity on ..X. L.: i1:2<aiid signed on its belialf by.. Mr Philip Iaii Halliwell Chairman and trustee
Hebron Church Carlisle Statement of Trustce5' Responsibilities The Iruslees are respoi)sible for preparing the Iruslees, repori aiid Ilie finaiicial stateiDeniS in accordance iviih Ihe L'nilcd Kiiigduiii Accuuiitiiig Stai)dard5 1 Lliiitcd KingFdoni Geiierall). Acccpled Accouiitiii¥ Pravti¢¢l and applicftble law [d regulations. The law applicable io cliariiies require5 tlie trustee5 to prep<?re finai)cial staleinenr.4 lor eacl) linaii¢ial year which gyivL' a truL and fair VILW of tliL' statc of affairs uf IhL Lhdrity ai)d of thL iiiconiing resources aiid appli¢atioii of resources of ihe charit}, tor iliat pei'iod. In pi'epariiig these financidl stalenients, the trustees are required 10.. 5eleLI suilable aLcounliiiu poliLies and tlieii apply Iliem coiisislenily: observe the methods aiid principles in Ihe ('hai'ilies %()RP: Inake.judgieiiienis ai)d esiiniates Ihal are reas(Iiiable aiid prudeiil.. Stdll wli¢tli¢'r IPPIlab1e 4lCCOUlltiiibF sraiidards liavc bLLii tolloiyed. subjc¢t to any Inaterial dcparturcs disclosed and explained in ilie IiiiaiiLial .8ialeineiils; and prL'pare thL' fii)anLldl slffjltcmeiit5 on the going conLern basis uiilLss it is inrfippropriate to presume ihat the cliarity ivill continue in b115111CS5. 'I'hL% tru5tL'L'S lir¢ r¢5P0115ibli for kLLpinb' proper accounliiig* rLLords that disLIosL With rLasonable acLiiracy dt any lime the finanLial po.%iiion of Il)e ¢haril J, aiid eiiable them lo ensure Ilial Ilie fii)ancial slaiemenl.8 coii)ply willi the ('liariliLS ALI ?01 l. tlie C"l)aritiLs l.ILLuiints Mncl RLPOrtsl Regulalioiis 2008. dnd Ili¢. provisi0115 Ot tlie ci)iistitiilioii. The Iriistees are alsc) re%p0115ible for saleb>uardiiig) Ilie asself ol. the charity and lieiice lor lakin8 r¢'¢isonablL StL'PS for thL' preveilrion aiid delLction of traiid and other irrL'&iuldrilies. 'I'IIL trusfL'L'S ¢ifL' rL5poiisiblL fc)r tlic, IllrflllltLiiaiicc and iiilegrity ut il)L' LorporalL 4iiid tiiiaiiLldl iiiforniiili()n iiicILided ()ii Ihe Lharilahle Li)ii)i)aiiy's weli%ile. Leg)i%Siilic)n gyoverniiig> the prepai'atinii and dissen)inalion ol. tlll<llll l(115talLIIILntS Ill¢l)' ditTLr fruii) IL¥itsl4ltiuii in uihcr jurisdiLIIL)IIS. Ai)proved by the Irusiees ol. Ilie charity 011 26.11: 14... aiid .si&ined on ils behalf by.. I'liairii)ai) lid iruslee Page 3
Hebron Church Carlisle Independent Examiner's Report to the trustees of Hebron Church Carlisle I report io the trustees on my examinaiion of the accounts of Hebron Church Carlisl¢ for the year ended 31 March 2024. Respon51bllities and basis of report As the charity ISteeS of Hebron Church Carli51e you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respecl of my examination of the Hebron Church Carlisle's accounts carried out under section 145 of the 2011 Act and in carying out my examination I Ive followed all the applicable Dircctions given by tbe Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I conftrni that no material matters have com¢ to my atteniion in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of Hebron Church Carlisl¢ as requir¢d by section 130 of the Act; or 2. the accounts do not accord with those records: or J. the accounis do not comply with the accounting r411iremenls concerning the form and content of accounts sei ou( in the Chariiies (Accounts and Reports) Regulations 2008 other Ihan any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no concems and have Come aeross no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper under.stsnding of the accounts to be reached. Gareth Coop¢r ACCA 166 Banks Road W¢st Kirby Wirral CH48 ORH 7£/ii /£oi4 Page 4
Hebron Church Carlisle Statement of Financial Actlvities for the Year Ended 31 March 2024 Unrestricted funds Total 2024 Note Income and EDdowments from: Donations 2nd legacie5 Investment income 180,208 1,149 180,208 .149 Total incornc 181,357 181,357 Expenditure on: Charitable accivities (185.001) (185,001) Total expenditure 185,001 185.001 Not expenditure (3,644 {3.644) Net movement tn funds (3,644) (3,644) Reconciliation of funds Total funds brought forward 103,495 103,495 Total funds carried fonvard 99.851 Unre5trieted fuods 99,851 Total 2023 Note Ineome and Endowments from.. Donations and legacies Invcstmcnt incom¢ 166.231 191 E66,231 191 Total income 166,422 166,422 Expenditure on: Charitable activitie5 178,224) 1178,224) Total expenditur¢ Net expendiiure (178.224) (178,224) (11,802) (11.802) Net movement in funds (11.802} (11,8021 Reconciliation of funds Tutal funds brought forward 115.297 115,297 Totsl funds carried fonvard 103,495 103,495 All of the charity's activities derive from coniinuing operations during the above nvo periods. The funds breakdown for 2023 is shown in noie 9. The notes on pages 7 to 14 forni an integral part of these financial statements. Page 5
Hebron Church Carlisle (Registration number: 1132914) Balance Sheet as at 31 March 2024 2024 2023 ote Current #ssets c.ash at bank and in hand 100.677 105.035 Creditors: Amount5 falling due within one year 826) IL.5401 et assets 99.851 103.495 Funds of the ch#rity: Unrestricted income funds Ilnrestricted funds 99.851 103.495 Total funds 99.8f I 103,495 Tlie fiii<illiidl 5tatLiiicnt.s on pages i to 14 were approved by the trnsleL'S, and autliorised for issue o ai)d siuiied 01) tliLir bLlialf by.. .Mr Philip lati Halliivell Chaini)an and trusiee Tlie notes on pagbes 7 to 14 torni an iniegiral part of tl)e.qe linancial statements. PacTe 6
Hebron Church Carlisle Notes to the Financial Statements for the Year Ended 31 March 2024 l A¢eountlng poll¢les statement of compllance The financial s1411cmcnl% have bcen prepared in accordancc with Ihc sucond Ldition of Ihu Charilics Staiemcnt of Recommended Practice issued in October 2019. Ihe Financial Reporting Standard applicable in the United Kingdorn and Republic of Ireland (FRS 102) and the Charities Act 2011. Basis of preparatlOD Hebron Church Carlisle meets the definition of a public benefit enlity under FRS 102. The accounis (financial sldlLmLnts) havc been prepared under the historical cost convcnlion with itcms r¢co¥nised at cost or transaction value unle55 Otherwi5¢ Stated in the rclcvant notc{s) to the5¢ accounts. Goln2 eoneern The IN.slees consider that there are no material uncertainties about the charity's ability to continue as a 8oin8 oncem. Income And endowments Volunlary in¢ome including donations. gifts, legacies and 8rants that provide core funding or are of a general naruri 15 rccognised when the charity has received the income, Dona¢ion.s and le%ueies Donations and Icgacies arc recogniscd on rcccipl. Invesmienl Income DividLndt> arL' rcL'ogniscd once thc dividcnd has bcen declarcd and notification has been received of the dividLnd due. Tr.xpendl¢ure All expenditure is reco¥nised once payment has been made, All c051s are allocaled lo the applicable expendilure h¢ading that aggre&iate similar costs 10 that category. Wher¢ co.sts cannot be direcily attributed to particular hLiidiJ]g% IIILY huv¥ bLLn allDcdt¢d on a basi5 Lunsistcnt with thc USL uf rcsourL¢¥, Wlth L¢niral staff costs allocaicd on ihc basis of time spent, and dcprcciation chargcs allocatcd on thc portion of thc assct's usc. Other support costs arc allocaied bcd on the sprcad of staff costs. Charitable aclivities Charitable expenditure comprises those cosls incued by the Charity in the delivery of 118 activitieq and services for its beneficiaries. It includes both cosis that can be allocated directly to such activitie5 and tho.se costs of an indir¢rt nature necessary lo support Ihem. Support costs SLlPPVrt cosls. includc central function5 and havc been alloLAted to activity cost catcgories on a basis consislenl with the usc of resourccs. for exampl¢, allocating property ¢081s by floor areas. or per capita. staff cosis bN' 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 2024 {continued) Taxation The charity is considered to pass the tests set out in Pardgraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a ¥harilable Gompany for UK corporation Lax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gain5 received within categories covcrcd by Chapter 3 Part I l of th¢ Corporation Tax Act 2010 or Scction 256 of thc Taxation of Chargeablc CJains Act 1992, to the extent that su¢h income or gains are applied exclusively to charitable purposes. Cash and cash equivalent5 Cdsh and cash equivalenls comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convenible to a known amount of cash and are subject lo an insignificant risk of change in value. Trade creditors Trade creditors are obligations lo pay for goods or servic¢.s that have been acquired in the ordinary course of business from Suppliers. Accounts payable are classified as current liabilities if the Trusi does not have an uncondiriondl right. at the end of the reporting period. to defer settlement of the creditor for at least ttvelve months after the reporting date. If there is an unconditional right to defer settlement for at le1 twelve months after the reporting date, they are presented as non-curreni liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest meihod. Borrowings Intere5t-bearing borrowings are initially recorded at fair value. nei of trans8CTion costs. Interest-bearing boowingS are subsequently carried at amortised cost, with the difference between the proceeds. net of transaction costs. and the amount due on rLdLmplion being recognised as a ch3r¥e lo the Statement of Financial Activities over (he period of the relevant borrowing. Interest expense is r¢¢ognT5ed on the basis of th¢ ¢ffective interest method and is included in inteTest payable and similar charge5. BoOWingS are classified as current liabilities unless the charity has an unconditional right to d¢fer settlement of the liability for at least twelve months after the rcporting date. Fund structure Uitrestricled income fun(Ls are general fun(L8 that are available for use at the Irustees discretion in furtherance of th¢ objectives of the charity. Financial instrumenls Classificafton Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisionb of the instnjment. Financial liabiliti¢s and equity instrnments are classificd according EO the substance of the Contractual arrangemcnts cntcrLd into. An equity instrument is any contraci that evidences a residual interest in the as5els of the charity aft¢r deducling all of il.8 liabilities. Page 8
Hebron Church Carlisle Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) Recognition and meosuremenl All financial assets and liabililies are inltially measured al transaction price (including Iransaelion costs). except for those financial assct5 classified as at fair value through profit or lo&s. which arc inili¢illy measured ai fair valuc (which is nornially Ihc transaction price cxcluding iransaciion costs), unless the arrangcmcnt con8liluies a financing transaction. If an arrangement constitu*s a financing Iransaction, the financial asset or financial liabilily is mcasured al the prcsent valuc of thc futurc payments discounted at a markcl ratc of inleresi for a similar debt instrument. Financial assets and liabilities are only offs¢l in the slaicmcnl of financial position when, and only when there exists a legally enforceable right to set off th¢ recognised amounts and the charity intends eiiher to settle on nel basis, vr l(} retilise the usb¢l and seiile the liability simultaneously. FinnLial a.4scls arc dcrccognis¢d whcn and only when 8) thc contractual rigThis to the Latsh fli)ws frum the rinaiicial asset expire or arL' s¢ttled, b) the charity Ir&n%fer8 lo anoiher party subslanlially all of the risks and rewards of ownership of the financial asset, or c) Ihe charity, despite having retained some, but not all, si¥nificanl risks and rewards of owncrship, hay Iransfcrrcd control of the a88¢1 to unothcr party. FinanLial liabililics are dcrcco8ni5cd only whcn thc obligation specificd in th¢ ¢ontract 15 discharged, cancellcd or expire8. Page 9
Hebron Church Carlisle Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) Debt instruments Debi instruments which meel the following conditions are subsequently measured at amortised cost using the etlective interest method.. (a) The contractual return to the holder is (i) 4 fixed arnount: (li) a positive fixed rate or a positive variabl¢ rate; or (iii) a combination of a pot*ilive or a ncgative fixcd rdte and a positive variablc rate. (b) The contrdct may provide for repayments of the principal or the return lo the holder (bul not both) to be linkcd 10 a single rclevant ob8crvable index of general price inflation of the currency in which the debt in5trunJent is denominated. provided such links are nvt leveraged. (c) The conirnct Tnay provide for a deterniinable variation of the return to the holder during the life of the in.4lrumeni, provided Ihul {1) the new ralc satisfics Londiiion (a) and Ihc variation is noi Lonlingent un future evcnL8 oiher than I l ) a change of a contractual variable rale: {2) lo protcci the holder againsl credil deterioration of the issuer; (3) changes in levies applicd by a central bank or ari%ing from changes in relevant laxalion or Idw,. or {ii} thc ncw rat¢ is a market rate of intcrcsl 4ind satisfi¢s condition (d). {dl Thcr¢ is no contractual provision Ihat could. by its Icnns. result in thc holdLr losing thc principal amount or any inlerest attributsble to the cUent period nr prior periods. (c) Conlraclual provisions that permit the iSSLier lo prepay a debi inslrumL'nl or pcnnil the holder to pul il back lo the istsuer before maturity are noi contingent on fulure events. other than 10 protect the holder again.st the credit dctcrioration vf the issuer or a change in Control of the issucr. or lo prolc¥t the holder or issuer against changes in levies applied by a central bank or arising from changcs in rclcvanl taxation or law. (O Contraclual provisions may perniil Ihe exiension of Ihe lerni of Ihe debt inslrumenl, provided that ihe retum lo the holder and any other conlraclual provisions applicable during Ihe extended iemi satisfy the conditions of parabyraphs (a) lo {¥). Dcbi instrumcnts ihat arc Ll&s%ificd as payable or re¢civablc within onL' year on initial recognltion and whi¢h nieet Ihc above uondition4 are IncJsured ai ihe undiscounied amounl of the La.sh or other con8ideraiion expected to be paid or received, nel of impaiment. With th¢ cxccption of some hcdging instrumenLs. oihcr dcbi instruments not meeting these conditions are meuburcd at fair value through profil or loss, Commitments to make and receive loans which meet Ihe condition5 mentioned above are measured at cost {whiLh may be nil) 1¢ss impaiment. Inv¢&lmenls Investments in non-convertible p ference shares and non-pultable ordinary or preference sbares (where shares arL' publicly traded or their fair value is reliably rneasurable) arL mLasured al fair valuL' throu81i profit or loss. Whcrc tair valuc cannot be measured reliably, investrnents are measured at cosl less impainneni. nve5tmcnts in Sltbsidiaries and associates are mcasud at ¢05t less impaiment. For investments in 5ub.sidiarie.8 acquired for consideration including the issue of share5 qualifying for merger reltef, cost is mea.sured by referenre lo th¢ nominal value of Ih¢ shares issued plus fair value of other consideration. Any premium 15 ignorcd. Pag¢ 10
Hebron Church Carlisle Notes to the Financi81 Statements for the Year Ended 31 March 2024 (continued) Derivativefinancial inslrumenls The charity use5 derivative financial in8lNment5 to reduce exposure lo lorcign exchange risk and interest rate movements. The charity do¢s not hold or issue derivative finan¥ial instruments for speLulative purposes. Derivatives are initially recognised al fair value ai the date a derivalive contract is enter¢d inio and are subsLqucnily rcmoasiircd lo thL'ir fair valuc al caLh rLPOrting dJtc. Thc rcsuliing g¥ain or Ioss is recogynised in stalemcnt of financial activities immediately unless the derivative is designated and effective as a hedging instrument. in which event th¢ timing of the recognition in stalernent of financial activities depends on the nature of the hedge relaiionship. Fair valme mewurement The best evidcnce of fair value is a quoted price for an identical asset in an active m8rk¢t. When quoted prices arc unaviiilablc. Ili¢ PriLe uf a rccenl Iran.%aLtion for an id¢nli¢dl as%ct providc4 cvidcnce of fair value as long as there ha% noi been a significant change in economic circumstances or a significanl lapse of time since the trdn.%aLlion look plJLc. If ihe market nut dCtivL and rLLcnt tran5dLti()ns of an idLnliLal as*t on thLir drc nut a good estimatc ot.fair value, th¢ fair value is eslimaled by using a valuation technique. 2 Income from donotAons and legacles Unrestricted ds GenL'ral Total funds Donaiions und legacies; Donation.4 from individuals Gift did reclaimed 156.130 24,078 156,130 24,078 TotAI for 2024 180,208 180.208 Tolal for 202.1 166,231 166,231 3 Investment Income Unrestricted funds General Total funds Inlcrcst wc¢ivabl¢ and Similar incomc. Interest rcceivablc on bank dcposits Total for 2024 1,149 1,149 1,149 1,149 To141 for 2023 191 191 Pagell
Hebron Churcb Carlisle Notes to the Financlal Statements for the Year Ended 31 March 2024 (continued) 4 Expendlture on charltable actlvltles Unrestricted funds General Total funds Note Allocated support costs 185,001 185,001 TotAI for 2023 178,224 178,224 Grant funding of actlvlty Actlvlty support costs Total expendlture Church Lunches & Refreshments Gross Wages & salaries Cliur¢h Gcneral Expenses Rent and Insurance payable I.ight and heat Premisey repairtb and renewa15 Lhildren8 and Youih Work Stationery. PostagL and Tel¢phone Visiting Speakers Gitls lo Missionaries and Organisalions Total for 2024 6.934 77.359 27.705 5,580 8,845 31.382 1,472 4,143 6,934 77.359 27,705 5,580 8.845 31,382 1.472 4.143 1,150 20,430 20.430 20,430 164,570 185,000 TotAI for 202J 20.706 157.518 178,224 5 Trustees remunerldon and expense$ No Irusie¢%. nor any persons connected with them, have received any MUneratIon from the charity during the ycar. No IStee5 hav¢ received any reimbursed expenses or any other benefits from the charily during the year. Page 12
Hebron Church Carlisle Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) 6 Taxation The charity is a registered charity and is therefore exempt from taxation. 7 Cash and cash equivalents 2024 2023 Cash al bank 100.677 105,035 8 Creditors: amounts fYdlllnE due WRthin one year 2024 2023 Tradc creditors 826 1.540 9 Funds Balance at I April 2023 Incoming resources Resources expended Balanee at 31 March 2024 Unrestricted funds General 103.495 181,357 (185.001 99,851 Balance at I Aprll 2022 Incoming resources Resources expended B814nce at 31 March 2023 Unrestrlcted funds General 115,297 166,422 (178,224 103,495 10 Analysis of net assets between funds Unrestricted funds General Total funds at 31 March 2024 Current assets Current liabilitie5 100,677 (826 100,677 (826) Total net assets 99.851 99.851 Page 13
Hebron Church Carlisle Notes to the Financial Statements for the Year Ended 31 March 2024 (Continued) Unrestricted funds General Total fund$ at 31 March 2023 Current assets Current liabililies 105.035 (1,540) 105,035 (1,540) Total net assets 103.495 103,495 Page 14