ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
MAYBRIDGE COMMUNITY CHURCH
CHARITY REGISTRATION NUMBER 1134489
Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
MAYBRIDGE COMMUNITY CHURCH
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
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Page
Legal and Administrative Information 3
Trustees' Report 4 to 7
Independent Examiner's Report on the Accounts 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Accounts 11 to 19
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MAYBRIDGE COMMUNITY CHURCH
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER
1134489
START OF FINANCIAL YEAR
START OF FINANCIAL YEAR 01 January 2024 END OF FINANCIAL YEAR 31 December 2024 TRUSTEES AT 31 DECEMBER 2024 Ms Eleanor Langridge (Chair) Mr Jané Alam Sheikh Frances Hodges (appointed 18th March 2024) Mr Alan Longhurst (appointed 2nd December 2024) Mr Richard Greenhorn (appointed 2nd December 2024) Ms Emily Bellenie (resigned 11th April 2024) Mr Christopher Kronda Mr Timothy Ransley (resigned 28th October 2024)
The existing trustees appoint any new trustees following the provisions laid out in the Charity's governing instrument.
LEGAL STATUS
Unincorporated Charity registered 24 February 2010.
In the process of changing status to become a CIO. The CIO has been registered (number 1196830) but is currently inactive. (All funds were transferred at the end of the financial year from this unincorporated Charity (1134489) to the CIO (1196830).
GOVERNING INSTRUMENT
Scheme of the Charity Commission 19 April 2002 as amended by scheme of the Charity Commission 3 November 2009 and a resolution of the trustees 14 December 2009 as affirmed by the membership 12 January 2010.
REGISTRATION DATE
24th February 2010:Standard registration.
OBJECTS
1a) Furtherance of the Christian religion by the provision and maintenance of a place for the public worship of God for use by partners, members and attendees of the church; and
1b) The promotion of other charitable purposes in accordance with the statement of faith of the church for the time being
2) the land identified in Part 2 of the schedule to this scheme must be retained by the trustees for use for the objects in clause 1.2.
CORRESPONDENCE ADDRESS 77 The Strand Goring-by-Sea Worthing BN12 6DR PRIMARY BANKERS Unity Trust Bank Four Brindleyplace Birmingham B1 2JB INDEPENDENT EXAMINER Gary Schulz Independent Examiners Ltd Unit 2 The Broadridge Business Centre Delling Lane Bosham PO18 8NF
3
MAYBRIDGE COMMUNITY CHURCH
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024
1. Introduction
The trustees of the charity, Maybridge Community Church (MCC), present their report with the financial statements of the charity for the year ended 31 December 2024.
The trustees have adopted the provisions of 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 (FRS102) (effective 1 January 2005).
2. Structure, governance, and management
The existing Trustees appoint any new Trustees following the provisions laid out in the charity’s governing instrument. The Trustees delegate responsibility for the day to day running of the charity to a staff team that reports to The Senior Minister.
The following trustees have served throughout the accounting period, as indicated:
| Eleanor Langridge (Chair) | appointed 28thNovember 2022 |
|---|---|
| Jané Alam Sheikh | appointed 4thSeptember 2020 |
| Frances Hodges | appointed 18thMarch 2024 |
| Alan Longhurst | appointed 2ndDecember 2024 |
| Richard Greenhorn | appointed 2ndDecember 2024 |
| Christopher Kronda | appointed 27thJanuary 2019, resigned 27thJanuary 2025 |
| Timothy Ransley | appointed 28thOctober 2018, resigned 28thOctober 2024 |
| Emily Bellenie | appointed 24thJuly 2020, resigned 11thApril 2024 |
Normally, the Trustees meet four times per year to consider financial considerations and operations of the Charity.
Governing document
Maybridge Community Church is a Charitable Incorporated Organisation registered with the Charity Commission and governed by a Constitution adopted on the 18th March 2024.
Organisational structure
The charity employs a Senior Minister, who reports to the board of trustees. The trustees give their time voluntarily and received no salary or any other benefits from the charity.
The general governance of the charity is the responsibility of the Trustees; however, the day-to-day operation is delegated to The Senior Minister and The Operations Director who take any matters of variation to Trustees' meetings for decision making.
The priorities and programme of the church for the year are drawn up by the leadership team and agreed, monitored and evaluated by Elders and Trustees. In agreeing the priorities and programme of the church for the year, Trustees paid due regard to the Public Benefit guidance issued by the Charity Commission, in particular the specific guidance on charities and the advancement of religion.
MCC is a member of:
-
Evangelical Alliance
-
Further Faster Network
-
Jubilee +
3. Aims and purposes
The objects of the Church are:
the furtherance of the Christian religion by the provision and maintenance of a place for the public worship of God for use (a) by partners and attendees of the church
- (b) the promotion of other charitable purposes in accordance with the Statement of Faith of the church.
The purpose of Maybridge Community Church, as recorded in our constitution, is to advance the Christian Religion in the United Kingdom.
4
MAYBRIDGE COMMUNITY CHURCH
TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024
4 Achievements and Performance
The charity carries out a wide range of activities in pursuit of its charitable aims. The trustees consider that these activities, summarised below, provide benefit both to those who are part of Maybridge Community Church and the wider community of the Maybridge estate and its environs .
1. The organisation and provision of Christian worship
We want to provide space and opportunities for people to explore faith, to worship, to participate in works that reflect the teachings of Jesus, and to live out their beliefs. It is important for us that we don’t just talk about following Jesus but put it into practice.
2. Gatherings & Discipleship
MCC made specific efforts to engage people's bodies, creativity and emotions in the service to pastorally help people through the difficult times. The church also made room for more people to take on leadership roles and lead different parts of the service.
We follow the rhythms of the Church as we spend time each year looking at Advent, Christmas, Good Friday, Easter and Pentecost. As well as those traditional services we also focus at certain times of the year for celebrations and commemorations such as Mother’s Day, Father’s Day, Refugee Week, Safeguarding Sunday, Harvest, and Day of Prayer for the Persecuted Church.
3. Sunday Church services
There are three Sunday services. They are freely open to all, providing people of all ages a range of styles and opportunities for the public worship of God, learning about the Christian faith, welcoming newcomers, and building a sense of community.
8.30 am Breakfast Church service is an informal round table discussion with breakfast.
11.00 am Mid-morning service with a full programme of children and youth activities. The children’s activities take place in the Keystone Centre, a community building situated just a few hundred metres from the church building.
6.00 pm Evening service called ‘The Six’, followed by a youth gathering called ‘Amplify’.
In addition, the sermons from the services were freely available on our website and podcast providers. Other resources and materials related to the services were also made available on the website.
4. Mid-week activities
Events for children and families
Tots and Tinies, a weekly parent and toddler group during term time for local parents with pre-school children to meet together and for their children to play and undertake activities such as craft and singing.
Midweek Mash-Up, a weekly after school club for primary aged children.
Parenting Courses, for parents and carers looking at parenting themes.
Connect Group, for parents/carers of children with Special Educational Needs. It provides a space to meet and chat with other parents who are going through similar challenges.
Star Trail, a Christmas themed family friendly search for stars in the neighbourhood.
Summer Holiday Club, a super hero themed holiday club including games, craft, drama, bible stories, quizzes, and general silliness for 5 – 11 year olds.
Toddler Drop In, during the summer holidays a place for the whole family to relax with refreshments while children aged 0 – 11 can enjoy the space to play.
Events for youth
Weekly term time youth group called ‘Elevate’ on a Wednesday evening for younger teens. Elevate also met on a Sunday morning at the 11 am service at The Keystone Centre.
On a Sunday evening the older youth group ‘Amplify’ had its gatherings, following the evening service.
On Tuesday evenings there is a ‘Grow Group’ for those young adults who want to explore more and mature in the Christian faith.
Events for seniors
There is a weekly “Fun for Seniors” meeting and “Soup for the Soul” a light lunch followed by a guest speaker and worship.
5
MAYBRIDGE COMMUNITY CHURCH
TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024
Community activities
The church provided pastoral care to those in need, enabled prayer sessions at the church building and in people’s homes, and supported around 25 home groups (known as Partnership Groups) meeting across Worthing.
These groups enable people to learn together about following Jesus and provide support to each other.
MCC worked with other local churches, supporting refugee families through the separate charity called ‘Worthing 4 Refugees’.
Pastoral support provided for those in the community in need or seeking the care and support of a minister or church, and a Care Fund provided financial support to those in need in the church and beyond.
From August 2020 we have taken on the Boxes of Hope project for this part of Worthing that was developed by Transforming Lives for Good. Despite the pandemic this was continued in 2021 and changed to Bags of Hope. The cost of living crisis has meant that this work has continued in 2024. We mobilised volunteers from within and outside the church to enable those in the local area in need to obtain free bags of food, household items, games and recipes. Some were self-referred or referred by friends, others were referred by partner agencies or local service providers. Voluntary donations were provided, in food or funds so that it was free at the point of need.
During the winter months, MCC has opened its doors every Saturday to provide a Warm Space to anyone in the community to escape from the cold days, to have a drink, a light cooked meal, games, craft and meet with others.
When free, the church building has been hired by the local community with support for refugees, learning English as a second language, foster care support, counselling, community choir, etc. In addition the church building was used to hold rites of passage ceremonies such as baby dedications, weddings, funerals, and thanksgiving services.
Other events and activities
Social gatherings, learning opportunities and community events organised or facilitated by the church included: Alpha course - for those exploring life, Christianity and faith. 321 course - for those who want to think about life, the world and God. Practicing The Way – a pathway for those who want to start an apprenticeship with Jesus.
The Chosen – a chance to watch together the first ever multi-series TV programme about the life of Jesus. CAP – A free money course that teaches budgeting skills, how to save money, how to avoid getting into debt, etc. Aspire Ladies Group - an opportunity for women to worship, go deeper with God and connect with one another. The Men’s Group - an opportunity for men to get together from games evenings to DIY days.
The church website continued to provide information to the public and church users about the activities of the church, our role in the community, information about the Christian faith, and explanations about how to be involved in church life. The church has over 891 followers (880 in 2023) on its Facebook page and over 244 Instagram followers (200 in 2023) and over 270 subscribers (250 in 2023) to its YouTube Channel.
The church leadership is grateful for all those partners who give their time freely to enable all these activities to take place. To be a partner means to be actively involved in and committed to MCC, sharing in its mission, vision, and values, including financial support and participation in worship and ministry of the church. There were 179 partners in December 2024 (200 in December 2023). The average monthly congregation was 826 in 2024 (719 in 2023).
Reserves
The Trustees have considered the level of reserves they wish to retain, appropriate to the charity’s needs. This is based on the church’s size and the level of financial commitments held. The Trustees aim to ensure the church will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.
Summary
Despite a challenging year, with the cost of living crisis putting more demand for our services, we still managed to increase regular donations by just over 5% to £240K (2023 £229K). Total incoming resources rose by just over 9% to £306K (2023 £281K). However, inflation has meant that just doing the same as last year has cost considerably more. The restricted funds have accumulated money from previous years. However, it is right that money is now spent for the purpose it was intended, often helping and supporting those who have been most affected by the economic situation. This does mean a significant shift in net assets when the general fund is combined with the restricted funds.
We are grateful to God for his provision and this can be seen by the improvement in Net Outgoing Resources (before transfers). In 2024 it was £4,861 (2023 £20,666).
CIO
In November 2021 a new Charitable Incorporated Organisation (CIO), number 1196830, was registered to replace this charity and continue with the work of Maybridge Community Church. As of 31 December 2024 all funds and assets were transferred to the new entity to start operating from 1 January 2025.
6
MAYBRIDGE COMMUNITY CHURCH TRUSTEES. REPORT (Contlnued) FOR THE YEAR ENDED 31ST DECEMBER 2024 Rtsponslbllltle5 of Trustees Charity layrf requires the Board of Trustees to prepwe financhil statements for each financial year which 96ve a trve and fair view ol the stale of affairs of the charity and of tis incoming reswices ieswrces expended for the peri(yJ. In preparino those financkl statemenLS, the Bo¥d of Trvstees should foll1 besi practlce and are requlred to; select Suff(ab accwnling pleS and apply tham CSteTht m Judgments and estknates that are rnable and prdt comply with app(able a(c(ntIng Standards subjecl to any material deyartures disckn5ed and expl24ned h the financial statements prepare the fin3ncid statements the gn9 ccficern basis unless it is prOpriate to pre5urne that the charity wll continue in operat The Board of Trustees reSps51e for malntalnilg proper accountkng re¢d$ whth dlscbse wtth W$able accuracy at any lime the financial positi(m of the charrty and to able ihem to ensure that the financHI 5tateinents comply wf(h the chart Act 1993. They are abo respO5ble safeguarding the assets of thÈ charlty and hence for taklno roascK)able steps for the preventlM and dettIm of fraud other Irregularits and to provide reasonable assurance that:. the charlty Is operatlng effiC[ent and effect al assets are Safeguard aInSt unwthorised use rr dpc6rtn and are prJperty applied proper cd$ are maintalned fanCIal infamiat usèj wrthin the charity Lr fL¥ publthtK)n is reliab the charY complies wlth relevant kws and regulat•Jns The systems rf Internal ccffitrd are desbJned to ple rea$¢le but nrt absokjte assurance agaSt materkil mi55taternent or bs5. Approved by the Trustees on. Sgned on thr behalf by Trustee inted Name.. @LE1.
MAYBRIDGE COMMUNrrY CHURCH INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024 I report to the charrty trustees C my eXminatn d the C(MntS cl the charrty the year ended 31 Dember 2024 which are set out on pages 9 to 19. Respective responsibilities of trustees and examiner As the charity's trustees of MaybrKlge Communty Church ycw are responsbi the preparaticffi of the accounts in accordance wrth the requirements of the CharrfCI Act 2022 (the Act?. I report in respect of my eXaMinatn crf Maybridge CcThm(Jnity Ch(Jrch's acccKJnts Carr out under sertKJn 145 of the 2022 Act and in carrying out my examination I have fdlow&J all the applKabie Directic)s given by the Char(cy Commissi(n under section 14515llb) of the Act. Independent examinerfs statement Since Maybridge ComMunY Church'5 gross intome exceeded £250.000 yr examiner must be a member of a bc¥Jy Isted in Secti 145 of the 2011 Act. I confirm that l am quaIrf to undertake the examinatKJn bause l am a member of the Chartera Institute of Management Accountants, bthich is one the Isted bcxlies. I have coMped my examinatH)n. I confirm that no matwial mattws have ccme to my atttrt)n in cnectIon wrfch the examination giving me cause to beIve that in any material respect- counting records were not kept in respect Maybrhyge Community (hurch as r4uir&Y by $tIOn 130 of the Act,. or the CoUnt$ do not ac£(d w¢(h those records; c the &counts do not comply with the accojnting requirements concerning the fom) and content of accounts set out in the Charities IAcc(xJnts and Rep(rtsl ReguLK)ns 2008 other than any rUirement that the accounts give a *rue and fair view, whKh is not a matter consKlered as part of an independent examination. I have no concerns and have ccthe acrc6s no rther matters in COnnert with the examinatw to whrh attention should be drawn in this report in order to enab a proper understanding of the accwnts to be reached. Independent Examiners Ltd Unit 2 The Broadridge BUn Certre Delling Lar Ert)sham P018 8NF 2 May 2025
MAYBRIDGE COMMUNITY CHURCH
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024
| Notes INCOMING RESOURCES Donations & Legacies 3a Investment Income 3b Charitable Activities 3c Other Income 3d TOTAL INCOMING RESOURCES RESOURCES EXPENDED Costs of Charitable Activities 4 TOTAL RESOURCES EXPENDED NET INCOMING/(OUTGOING) RESOURCES Funds Transferred to new CIO 5 NET MOVEMENT IN FUNDS TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD |
Unrestricted Restricted Designated Total Total Funds Funds Funds 2024 2023 £ £ £ £ 264,694 20,259 - 284,952 268,829 6,309 - - 6,309 2,809 10,605 - - 10,605 4,970 2,061 1,796 370 4,228 3,911 |
|---|---|
| 283,669 22,055 370 306,095 280,519 |
|
| 288,842 48,009 58 336,910 331,458 |
|
| 288,842 48,009 58 336,910 331,458 |
|
| (5,173) (25,954) 312 (30,815) (50,940) (519,978) (14,203) (334) (534,515) - |
|
| (525,151) (40,158) (21) (565,330) (50,940) |
|
| 525,151 40,158 21 565,330 616,269 0 (0) - 0 565,330 |
All of the Charity's operations are classed as continuing operations.
The notes form part of these financial statements, found on pages:11 to 19
9
MAYBRIDGE COMMUNITY CHURCH
BALANCE SHEET AS AT 31 DECEMBER 2024
| Fixed Assets Tangible Assets Notes 2 Current Assets Debtors & Prepayments 9 Cash at bank and in hand 8 Total Current Assets Creditors:due within one year 10 NET CURRENT ASSETS TOTAL ASSETSless current liabilities Creditors:due in more than one year 11 NET ASSETS FUNDS OF THE CHARITY General Funds Restricted funds 5 Designated Funds 6 TOTAL FUNDS |
Unrestricted Restricted Total Total Fund Funds 31-Dec-24 31-Dec-23 £ £ £ - - - 321,985 |
|---|---|
| - - - 321,985 |
|
| - - - 1,563 - - - 243,870 |
|
| - - - 245,433 |
|
| - - - 2,089 - - - 243,344 |
|
| - - - 565,330 - - - - |
|
| - - - 565,330 |
|
| - - - 525,151 - - - 40,158 - - - 21 - - - 565,330 |
Approved by the Trustees on the….................................................................................................................. Signed on their behalf by Trustee.................................................................................................................... Print Name:…............................................................
10
MAYBRIDGE COMMUNITY CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024
1. ACCOUNTING POLICIES
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year.
Basis of preparation:
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2022.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
-
the charity becomes entitled to the resources;
-
the trustees are virtually certain they will receive the resources; and
-
the monetary value can be measured with sufficient reliability.
Incoming Resources with Related expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax Reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services has been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as income receivable.
Volunteer Help
The value of any voluntary help received is not included in the accounts and is described in the Report of the Trustees.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
This page does not form part of the statutory financial statements
11
MAYBRIDGE COMMUNITY CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024
1. ACCOUNTING POLICIES (continued)
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advise to trustees on governance or constitutional matters.
Grants with Performance Conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
Grants Payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
Pensions
Pension contributions are charged to the Statement of Financial Activities as they become payable.
Fund Accounting
Funds held by the charity are either:
1. Unrestricted funds
These are funds which can be used in accordance with the charity's objectives, at the discretion of the trustees.
2. Restricted funds
These are funds that can only be used for particular restricted purposes within the objects of the charity.
3. Designated funds
These funds are funds set aside by the trustees out of unrestricted general funds for specific purposes or projects.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Fixed Assets
i) The church and halls buildings are included in the accounts at the original construction cost.
ii) The freehold land is subject to a pre-emption clause, contained in a Land Registry Transfer dated 18th June 1968 (modified by a Deed of Variation dated 31st January 2005 and a Deed of Release and Consent dated 12th November 2008), which provides that if, during a period of 80 years from 18th June 1968, the buildings shall cease to be used as a church, the Worthing Borough Council can purchase the land and buildings for £1,250 together with a sum representing the open market value of the buildings. Thus, the freehold land has been included in the accounts at £1,250. Title Absolute is held by The Official Custodian for Charities on behalf of Maybridge Community Church.
iii) Tangible fixed assets are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost.
iv) Tangible fixed assets, acquired out of restricted funds, are transferred to and held in unrestricted funds following the discharge of the relevant restriction.
Depreciation Expense
Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows:
Land & Buildings 2% Fixtures & Fittings 10% Computers & Equipment 20%
There has been no change to the accounting polices (Variation rules and methods of accounting) since last year.
This page does not form part of the statutory financial statements
12
MAYBRIDGE COMMUNITY CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024
2. TANGIBLE FIXED ASSETS
| Cost At 1 January 2024 Additions Disposals Gain/ (Loss) At 31 December 2024 Accumulated Depreciation At 1 January 2024 Charge for the Year Disposals during year At 31 December 2024 Net Book Value At 31 December 2024 At 31 December 2023 |
Computers & Equipment Fixtures & Fittings Land & Buildings 2024 £ £ £ £ 20,262 19,858 593,800 633,920 1,707 7,228 1,054 9,989 (21,969) (27,086) (594,854) (643,909) |
|---|---|
| 0 - - 0 |
|
| 14,281 12,274 285,380 311,935 1,796 2,709 11,872 16,376 (16,077) (14,982) (297,252) (328,311) |
|
| - - - - |
|
| 0 - - 0 |
|
| 5,981 7,584 308,420 321,985 |
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
31st December 2024 : None
31st December 2023 : None
This page does not form part of the statutory financial statements
13
MAYBRIDGE COMMUNITY CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024
3. INCOMING RESOURCES
| a) Donations & Legacies Note Offerings Tax Recovered Gift Days, Appeals etc. Other Grant money b) Investment Income Bank interest c) Activities for Generating Funds Sale, refund, Part Exchange Premises Hire income d) Income from church activities Church Courses Office Supplies Photocopying Refreshments Children and Families Events |
Unrestricted Restricted Designated Total Total Funds £ Funds £ Funds 2024 £ 2023 £ 204,145 20,259 - 224,404 212,370 44,532 - - 44,532 37,435 15,017 - - 15,017 15,738 - - - - 1,787 1,000 - - 1,000 1,500 |
|---|---|
| 264,694 20,259 - 284,952 268,829 |
|
| 6,309 - - 6,309 2,809 |
|
| 6,309 - - 6,309 2,809 |
|
| 3,934 - - 3,934 4,970 6,671 - - 6,671 - |
|
| 10,605 - - 10,605 4,970 |
|
| 419 - - 419 - - - - - 28 254 - - 254 149 60 - - 60 - - - - - 1,527 1,328 1,796 370 3,495 2,208 2,061 1,796 370 4,228 3,911 |
This page does not form part of the statutory financial statements
14
MAYBRIDGE COMMUNITY CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024
| 4. RESOURCES EXPENDED Charitable Activities:- Note Depreciation Building:- Cleaning Materials DBS Disclosure Costs Equipment and Fittings Health and Safety Insurance Maintenance Service Contracts Rent Electricity Gas Water Care:- Hospitality Special Pastoral Support Volunteer Appreciation Finance:- Accounting & Payroll Bank account fees Stripe/GC/Givt Fees Ministry:- Alpha Church Services Ministry-DBS Disclosure Costs Discipleship Resources Guest Speakers Publicity Refreshments Ministry:Sunday special events Office costs:- ICT Costs Membership Subscriptions Office Supplies Photocopier Telephone & Internet Website and Database Staff Employment Costs:- Staff Employment Costs:- Staff - Salaries Staff - Pension costs Staff - PAYE Children & Family:- Children and Families Craft Youth Designated and Restricted Funds Parish Nursing Project Amplifying Voices Arab World Ministries Events Mission Global/Local/Other- Restricted Gifts /Strand Building Fund Governance costs:- Independent Examiner's Fees |
Unrestricted Restricted Designated Total Total Funds £ Funds £ Funds 2024 £ 2023 £ 16,376 1,081 - - - - 16,376 1,081 15,962 974 - - - - - 864 - - 864 555 345 - - 345 353 2,644 - - 2,644 2,922 1,054 - - 1,054 382 2,775 - - 2,775 4,523 3,240 - - 3,240 2,678 5,402 - - 5,402 2,701 2,608 - - 2,608 2,548 1,080 569 - - - - 1,080 569 840 884 53 - - 53 42 299 712 - - - - 299 712 351 808 1,328 - - 1,328 284 - 1,808 - - - - - 1,808 828 1,012 366 - - 366 877 126 - - 126 118 225 - - 225 428 200 - - 200 818 669 - - 669 1,598 1,364 - - 1,364 1,418 619 488 - - - - 619 488 567 129 2,909 - - 2,909 3,879 857 - - 857 801 1,380 - - 1,380 1,489 927 - - 927 1,065 1,146 3,776 - - - - 1,146 3,776 1,354 - 160,875 - - 160,875 154,277 23,426 - - 23,426 20,816 38,834 7,313 - - - - 38,834 7,313 46,409 3,158 - 13,400 - 13,400 10,320 - - - - 4,468 - - - - 777 - 1,520 - 1,520 1,520 - 9,600 - 9,600 9,600 (0) 8,075 58 8,133 9,686 - 14,450 - 14,450 14,068 - 1,104 964 - - - 964 1,104 2,154 1,020 |
|---|---|
| 288,842 48,009 58 336,910 331,458 |
This page does not form part of the statutory financial statements
15
MAYBRIDGE COMMUNITY CHURCH
NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024
5. RESTRICTED FUNDS
CURRENT FINANCIAL YEAR
| Mission Funds: Missions Distribution Local Fund Amplifying Voices Arab World Ministries Fund Emmanuel Ministries Fund Pursuit International Tearfund Care Fund Ladies Fellowship Fund Lucy Clay Fund MindBody - Mind Body and Soul Fund Parish Nursing Project Fund Restricted Gifts Stand Building Fund Tots and Tinies Fund Youth Fund Women's Special Events Fund Total Rest. Funds PREVIOUS FINANCIAL YEAR |
Balance 01-Jan-24 Income Expenditure Unrealised Gain/Loss Transfer Balance 31-Dec-24 £ £ £ £ £ £ 27,070 3,827 (14,450) - (16,446) - - - (1,520) - 1,520 - - - (9,600) - 9,600 - - - (1,520) - 1,520 - - - (1,520) - 1,520 - 593 360 (666) - (288) - 1,250 3,001 (1,092) - (3,159) - 279 - (290) - 11 (0) 3,996 - (1,000) - (2,996) - 893 - - - (893) - 185 - - - (185) (0) 0 384 (384) - - - 4,713 - (580) - (4,133) - 191 728 (869) - (50) - 727 12,686 (13,400) - (13) 0 261 1,068 (1,118) - (211) - |
|---|---|
| 40,158 22,055 (48,009) - (14,203) - |
| Mission Funds: Missions Distribution Local Fund Amplifying Voices Arab World Ministries Fund Emmanuel Ministries Fund Missions Other Pursuit International Tearfund Care Fund Community Cafe Fund Courses Fund Ladies Fellowship Fund Lucy Clay Fund MindBody - Mind Body and Soul Fund Parish Nursing Project Fund Restricted Gifts Stand Building Fund Tots and Tinies Fund Youth Fund Women's Special Events Fund Total Rest. Funds |
Balance 01-Jan-23 Income Expenditure Unrealised Gain/Loss Transfer 31-Dec-23 £ £ £ £ £ £ 40,292 1,291 (13,868) - (646) 27,070 - - (1,520) - 1,520 - - - (9,600) - 9,600 - - - (1,520) - 1,520 - 961 (761) (200) - - - - - (1,520) - 1,520 - 309 1,406 (1,122) - - 593 3,574 731 (3,056) - - 1,250 416 (416) - - - - (0) - - - - (0) 587 28 (336) - - 279 3,996 - - - - 3,996 837 474 (418) - - 893 792 170 (777) - - 185 - 403 (403) - 0 0 6,464 - (1,751) - - 4,713 66 1,191 (1,066) - - 191 (1,377) 8,211 (6,108) - - 727 - 656 (395) - - 261 |
|---|---|
| 56,917 13,385 (43,658) - 13,514 40,158 |
The Restricted Funds are wholly represented by the Charity's cash reserves and are to be expended as specified above.
This page does not form part of the statutory financial statements
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MAYBRIDGE COMMUNITY CHURCH
NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024
6. DESIGNATED FUNDS
CURRENT FINANCIAL YEAR
| Mens Special Events Fund Total Designated Funds General Funds Total unrestricted funds |
Balance Unrealised Balance 01-Jan-24 Income Expenditure Gain/Loss Transfer 31-Dec-24 £ £ £ £ £ £ 21 370 (58) - (334) - |
|---|---|
| 21 370 (58) - (334) - 525,151 283,669 (288,842) - (519,978) 0 |
|
| 525,172 284,040 (288,900) - (520,311) 0 |
PREVIOUS FINANCIAL YEAR
| Community Fund Mens Special Events Fund Total Designated Funds General Funds Total Unrestricted (Incl. Designated Funds) |
Balance Unrealised 01-Jan-23 Income Expenditure Gain/Loss Transfer 31-Dec-23 £ £ £ £ £ 2,183 1,639 (4,468) - 646 - - 276 (255) - - 21 - |
|---|---|
| 2,183 1,915 (4,722) - 646 21 557,170 265,219 (283,078) - (14,160) 525,151 559,353 267,134 (287,800) - (13,514) 525,172 |
Amplifying Voices is for giving a voice to the oppressed in difficult locations.
Care Fund is for pastoral needs within the church and community.
Chatsmore Development Fund is for any additional equipment needed and the development of our main 10.30am service. Community Café Fund is for costs and outreach in the community café.
Community Fund is to help support individuals or organisations
Courses Fund is for donations received from outside sources for running particular courses as part of the work of the charity. Ladies Fellowship Fund is for ministry among ladies.
The Lucy Clay Fund is primarily to assist people from the church in mission work.
Mind Body and Soul Fund is for activities and outreach to older people in the community.
Mission Funds are for distribution to specific mission agencies external to the church.
Parish Nursing Project Fund is for supporting the parish nursing ministry in the community. Pursuit International Fund is a Restricted Gifts Fund is for money that is credited or debited but is not directly related to church funds, it passes in and out of Special Projects Fund is to finance projects without making undue demands on the Unrestricted General Fund. Strand Building Fund is money received from church Gift Day for church refurbishment.
Tots and Tinies Fund renamed from Take a Break Fund and is for parent and baby/toddler group activities and outreach. Youth Fund is for activities and outreach to children and youth within the church and the community.
The restricted funds are wholly represented by cash reserves of the church.
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MAYBRIDGE COMMUNITY CHURCH
NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024
7. INVESTMENTS
The Charity held no investment assets during this or the previous financial period.
| 8. CASH AT BANK AND IN HAND CAF 90 Day Account Scottish Widows Pleo Community Cafe Cash Float Unity Trust Current Account Unity Trust Instant Access Account 9. DEBTORS AND PREPAYMENTS Sundry accounts receivable Prepayment 10. CREDITORS AND ACCRUALS AMOUNTS FALLIN Youth and Children Independent Examiner's Fee |
Unrestricted Restricted Designated Total Total Funds Funds Funds 31-Dec-24 31-Dec-23 £ £ £ £ - - - - 78,719 - - - - 404 - - - - 40 - - - - 14,560 - - - - 150,147 - - - - 243,870 Unrestricted Restricted Designated Total Total Funds Funds Funds 31-Dec-24 31-Dec-23 £ £ £ £ - - - - 375 - - - - 1,188 - - - - 1,563 G DUE WITHIN ONE YEAR Unrestricted Restricted Designated Total Total Funds £ Funds £ Funds 31-Dec-24 £ 31-Dec-23 £ - - - - 1,069 - - - - 1,020 - - - - 2,089 |
|---|---|
11. CREDITORS AND ACCRUALS AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
The Charity held no long term liabilities during this or the previous financial period.
This page does not form part of the statutory financial statements
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MAYBRIDGE COMMUNITY CHURCH
NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024
12. STAFF COSTS AND NUMBERS
| Gross Wages & Salaries Employer's National Insurance Costs Pension Contributions Other costs |
TOTAL 2024 £ 180,989 18,720 23,426 3,776 226,911 |
TOTAL 2023 £ 176,732 17,646 20,816 6,308 221,502 |
|---|---|---|
The average number of paid staff employed in the year was ten (nine in 2023). Four are full time (four in 2023) and six are part time (five in 2023). Staff are paid through the PAYE system. No employee received emoluments in excess of £60,000.
(2023 - None)
The church pays pension contributions for eight members of staff (eight in 2023).
Pension contributions for eight staff are paid into the NEST workplace pension scheme (eight in 2023).
Pension contributions for no staff are paid into their individual pension schemes (zero in 2023).
Average number of employees who were engaged in each of the following activities:
| Activities in furtherance of charity's objects Management and administration Other |
TOTAL 2024 7 2 1 10 |
TOTAL 2023 6 2 1 9 |
|---|---|---|
13. TRUSTEES AND OTHER RELATED PARTIES
No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them.
(2023 - None)
14. RISK ASSESSMENT
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
15. RESERVES POLICY
The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.
16. PUBLIC BENEFIT
The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees' report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
This page does not form part of the statutory financial statements
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