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2025-03-31-accounts

Hebron Church Carlisle

Contents (continued)

Reference and Administrative Details 1
Trustees' Report 2
Statement ofTrustees' Responsibilities 3
Independent Examiner's Report +
Statement ofFinancial Activities 5
Balance Sheet 6
NotestotheFinancialStatements 7to14

Hebron Church Carlisle

Reference and Administrative Details

Chairman Mr Philip Ian Halliwell
Trustees MrGlyn Lucas
Mr Philip lan Halliwell
Victoria Tagerud
Mr Howard Newton
MrJonathan George Bainbridge
Senior Management / Leadership MrGordon Younger, Treasurer
Ts MrRob Scott-Buccleuch, Treasurer
Mr Paul Younger, Treasurer
Charity Registration Number 1132914
Principal Office 98 Botchergate
Carlisle
CAI 1SN
Independent Examiner GRC Accountants Limited
166 Banks Road
West Kirby
Wirral
CH480RH

Page |

Hebron Church Carlisle

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2025.

Objectives and activities

Objects and aims

The objective of the charity is to advance the Christian faith in accordance with the Charity Statement of Beliefs in the area of Carlisle and other parts of the world.

Public benefit

The trustees consider that public benefit is provided since the public of Carlisle and beyond are encouraged to attend and/ or participate in the following activities where relevant to them:

¢ Adult house groups

¢ Support for needy families by provision of Christmas hampers

During 2024-2025 most of the Sunday morning sermons were recorded and uploaded to YouTube.

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.

Financial review

Policy on reserves

The charity endeavours to keep sufficient reserves to meet the costs of at least three months! ordinary activity expenses.

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

Mr Philip lan Halliwell Chairman and trustee

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Hebron Church Carlisle

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution, The trustees are also responsible for safeguarding the assets of the charity 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.]

Approved by the trustees of the charity on

LAE.[and][signed][on][its][behalf][ by:]

Mr Philip lan Halliwell Chairman and trustee

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Hebron Church Carlisle

Independent Examiner's Report to the trustees of Hebron Church Carlisle

I report to the trustees on my examination of the accounts of Hebron Church Carlisle for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of Hebron Church Carlisle you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Hebron Church Carlisle's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of Hebron Church Carlisle as required by section 130 of the Act; or

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

  3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

| 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.

Gareth Cooper ACCA

166 Banks Road West Kirby Wirral CH48 0RH

pate:,, LOA? Mors

Page 4

Hebron Church Carlisle

Statement of Financial Activities for the Year Ended 31 March 2025

Unrestricted Total
funds 2025
Note £ £
Income and Endowments from:
Donations and legacies 186,399 186,399
Investment income 3 1,456 1,456
Total income 187,855 187,855
Expenditure on:
Charitable activities
(158,853) (158,853)
Total expenditure (158,853) (158,853)
Net income 29,002 29,002
Net movement in funds 29,002 29,002
Reconciliation offunds
Total funds brought forward 99.851 99,851
Total funds carried forward 9 _—__128,853
Unrestricted
_—__128.853
Total
funds 2024
Note £ £
Income and Endowments from:
Donations and legacies 180,208 180,208
Investment income 3 1,149 1,149
Total income 181,357 181,357
Expenditure on:
Charitable activities (185,001) (185,001)
Total expenditure (185,001) (185,001)
Net expenditure (3,644) (3,644)
Net movement in funds (3.644) (3,644)
Reconciliation offunds
Total funds brought forward 103,495 103,495
Totalfundscarriedforward 9 99,851 99,851

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 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 2025

2025 2024
Note i £
Current assets
Cash at bank and in hand 7 129,466 100,677
Creditors: Amounts fallingduewithin one year 8 (613) (826)
Net assets 128,853 99,851
Funds ofthe charity:
Unrestricted income funds
Unrestricted funds 128,853 99,851
Totalfunds 9 128,853 99,851

2fafas.Thg fingncial andstatements signed on theiron pages behalf5 by:to 14 were approved by the trustees, and authorised for issue on

Mr Philip Ian Halliwell Chairman and trustee

The notes on pages 7 to 14 form an integral part of these financial statements. Page 6

Hebron Church Carlisle

Notes to the Financial Statements for the Year Ended 31 March 2025

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 2025 (continued)

Taxation

The charity is considered to pass the tests set out in Paragraph | 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 I! 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 ofits liabilities.

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Hebron Church Carlisle

Notes to the Financial Statements for the Year Ended 31 March 2025 (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 2025 (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 2025 (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 ofa 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

----- Start of picture text -----
|||||| |---|---|---|---|---| |Unrestricted| |funds|Total| |General|funds| |£|£| |Donations|and|legacies;| |Donations|from|individuals|160.420|160,420| |Gift|aid|reclaimed|25,979|25,979| |Total|for|2025|186,399|186,399| |Total|for 2024|180,208|180,208|

----- End of picture text -----

3 Investment income

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Unrestricted| |funds|Total| |General|funds| |£|£| |Interest|receivable|and|similar|income;| |Interest|receivable|on|bank|deposits|1,456|1.456| |Total|for|2025|1,456|1,456| |Total|for|2024|1,149|1,149| |Set|=|

----- End of picture text -----

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Hebron Church Carlisle

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

4 Expenditure on charitable activities

Unrestricted
funds Total
General funds
Note £ £
Allocated support costs 158,853 158,853
Total for2024 een
2
ee
Grant funding Activity Total
ofactivity support costs expenditure
£ £ -4
Church Lunches & Refreshments - 8,263 8,263
Gross Wages& salaries - 68,910 68,910
Church General Expenses - 14,545 14,545
Rent and Insurance payable - 7,869 7,869
Light and heat - 11,740 11,740
Premises repairs and renewals - 15,363 15,363
Childrens and Youth Work - 1,443 1,443
Stationery, Postage and Telephone - 4,386 4,386
Gifts to Missionaries and Organisations 26,334 - 26,334
Total for 2025 26,334 132,519 158,853
Totalfor2024 20,430 164,571 185,001

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 2025 (continued)

6 Taxation

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

7 Cash and cash equivalents

2025 2024
£ £
Cash at bank 129.466 100,677
8 Creditors: amounts fallingdue within one year
2025 2024
£ £
Trade creditors 613 826
9 Funds
Balance at I Incoming Resources Balance at 31
April 2024 resources expended March 2025
£ £ £ £
Unrestricted funds
General 99,851 187,855 (158,853) 128,853
Balance at Incoming Resources
April 2023 resources expended March 2024
£ £ £ £
Unrestricted funds
General 103,495 181,357 (185,001) 99.851

10 Analysis of net assets between funds

10 Analysis of netnet assets between funds
Unrestricted Total funds at
funds 31 March
General 2025
£ £
Current assets 129,466 129,466
Current liabilities (613) (613)
Totalnetassets 128,853 128,853

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Hebron Church Carlisle

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

Unrestricted Total funds at
funds 31 March
General 2024
£ £
Current assets 100,677 100,677
Current liabilities (826) (826)
Totalnetassets 99,851 99,851

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