## **Trustees Report - Dec 2023** 

The church con�nued to pursue its charitable objec�ves, namely sharing our Protestant faith as it has been historically understood according to the doctrinal standards of our deeds. 

_"Loving Jesus, loving you - reaching Exeter and beyond"_ is our mo�o and we con�nued to put it into prac�ce. 

We remained focused on right rela�onships and good teaching. Teaching in 2023 focused on _**The 3:16s in the Bible**_ and _**The Biblical feasts and their fulfilment in Christ.**_ 

We are s�ll small but our numbers have grown. Average a�endance throughout the year was 19. 

regular street outreach con�nuing in Exeter, Exmouth and Plymouth. 

Life con�nues to be hard for many in the church, especially the trustees. 

Administra�vely, we have struggled. Though there has been progress, there is s�ll work to do. 

There has been much answer to prayer. We con�nue to tes�fy to God's unfailing love and faithfulness. 

We con�nue to commit ourselves unto God in Christ and know that He is faithful and He calls us to be the same. We rejoice in Him always. 

On behalf of the trustees 

Revd Steven Hanna - Chair of Trustees 

30/03/2026 



Christchurch Exetsr
#1138246
SOFA
for the yEar end8d 31 December 2023
Finantyal Report..
Inc(*ne & Exp•kJ
fvnds
funds
Total 2023
Totsl 2022
Incom•
rings (Onlina Donaion8}
Grosv8nor Rentlchurch Hall)
Man&• RèntlMnho8 Rd ranti
Donab'ons ILooJe Pl8ts c￿18(￿0n)
Bank Inl&r*st
7.146
14.000
10,5(KI
7.146
t4,OCrfJ
10,500
7,234
21.000
11,375
3.499
20
204
204
38.8
38,850
43,128
staff
Honornria
l)Jtrea
Insuranc
Churth m8intsnan(•
He4ting & knght
Water
Evanls
Denornlfialonal f•
Inlomat
MIMIonaryyl￿n
Oh¢r
M8n8e
32A74
32A74
8.686
4S
2m9
2,089
3.553
1,865
1.081
76
205
1,364
306
25
25
331
331
370
58
Tot41 r••ow¢M •xprM
1S,861
N•t mov•m•rt
782
782
27.267
Fund Balances Brought Forn¥￿J on 18tJanuory2023
Fund Bal8nce8 8• 0131st08eem￿r2O23
57,128
57.910
13.612
73.440
74
73.
Cash ath•nd
Lloyd•
alw8s18u$in￿ Re88Ng
N8tWoitCumint
Tot*1
3A05
49JOS
21207
305
74222
3.231
48,901
21.003
305
73,440
The av8llable records h8ve be•n th•c*od and b• rAJ
Acc¥)unts h8ve b¢on propared oft a cash b

chr1stchu￿h Exeter
&4LANCE SHEET
for the year ended 310ecember 2023
Unrnstrfct•d
funds
Rostrfctod
Incom•
Dd¥
D•slgnat•d
funds
Total
2023
Total
2022
Curront as¥ets
Debtor5
Investrnents
Cash at bank and in hand
60.610
80,610
74222
74222
70.740
70,740
13.612
Cfedlb)r8'. 1allSn9 t1ue wllhln on• y•af
Ngtcurn•nt8ss&Wl•bllll¢$J
8oMIo
13M12
74222
70,740
Tot•l•ss•ts h•s Curr•nthts￿•
74
70.740
Crodittsr¥'. tslling due after one y8aT
Provlslons for Ilablllljes
rotsirnt•s••ts or￿1
Funds ofthe Charity
DesSgnat•d Funds
Restricl•d Incom? frjnds
Unr8sffict8d bJnd8
Rgvalualon rg8orve
60,610
13.e12
13M12
13,612
60,610
60.610
70.740
Tol•lhx
13,812
74.222
70,740
Slgned by one ortsvotN8t8•1 on boh•lf of
all the trusie88
Dato of
Bpproval
ddlrnr￿Yy
01
Slgnaluig
PrM)tN8ma
CC178 (Excell
1710312026

Christchurch Exotor
#1138246
SOFA
for the year ended 31 D￿mber 2023
n8nti81 Report.
kn¢om• & ExF•ndStw•
fiJnds
fijnds
Total 2023
Totsl 2022
ome
Offtsrtng$ (￿lIn• DonsUons1
Gros¥8nor Rent (Chur£* Hall)
Manse Rent (Pinhoe Rd rvntl
Donatton8 (Low Plate ¢olle(*onl
88nk Intsr8St
7.146
14.0(￿$
10X
7.146
14
10.5C
7.234
21.000
11,375
3.499
20
204
T<*al I￿ornI￿a rg¥ow¢
43.128
Stsff
Honor4n•
rfresch
knsuranc•
Churc* malntenanc•
Hoaong & Llght
Wa*r
Ev•nts
Denomlnalonal foe•
32.474
32A74
8,666
45
160
2.089
160
2.089
3.553
1,885
1.081
76
206
25
331
331
370
MIs8lon8ry gI￿ng
Other
Man80
208
T￿11 r•Bo￿•1 •xp•tbJ•d
Not ft)ov•m•nt
782
782
27287
Fund Balan¢x$ Broughl FofW8rd on 1stJarnMry 2023
Fund B8l•nc*8 as 013?st Dtrcern￿r 2023
57.128
13.612
13,61
73.440
48,173
A4
Ca•h at h•nd
Lloyd6
N8tW•st BU￿ne$S R•8•N•
NalWe8tCurr•nt
Totsl
3231
48,901
21.003
305
73.440
49.305
21207
305
74,222
Thfj avallable rewrd8 h8V8 theck8d ond tA¢nd *> b?
Accounts h&vo b8en prep*red on 8 ¢o•h b88

Chrlstchurch Exetsr
BALANCE SHEET
for the year &nded 31 Decembgr 2023
Unrnstrfct•d
funds
Roslrfcted
Incom•
fund¥
D•slgnated
funds
Total
2023
Total
2022
Curronl as$ots
Debtors
Investrn•nts
C?5h at bank 8nd In hand
T4*al¢wr•rt•u•ts
60.610
60.610
13.612
13,812
74222
74.222
70.740
70,740
Crtsdltorn.. hlllng du• wlthlrt one fftr
Nglwnvnt•$soWl•blllle8J
80,610
13,612
74222
70.740
Tot4l•ss•ts l••• curr•fttl•lWI••
74
22
Credlbrn.. folllng du• aft•ron• y•ar
Provlslonsfor Ilablllttès
60.610
13.812
74.222
70,740
Fund8 oftha Charfty
DosSgnat•d Funds
Re8trf¢t8d ￿n￿me fvDd8
Unrgstricted frjnds
Rev81ualon re80
13.812
13,612
80.810
60.610
70.740
Tot•lfw
80.610
13.612
74.222
70.740
Slgnèd by onè or￿0 tru8ts•$ on behallof
all tha trust906
Dat8 01
approval
ddlmfi
&"gnatyre
Prfnt Narne
01
CC17a ltrell
1710312026

Independent Examiner's Report to the Trustees of
Christ Church Exeter
I report on the accounts of Christ Church Exeter for the financial year ended
31 December 2023, which comprise the Statement of Financial Activities, the
Balance Sheet, and related notes.
Respectlve Responsibilities of Trustees and Examiner
The charity's trustees are responsible for the preparation of the accounts in
accordance with the Charities Act 2011 and the charity's goveming
document. They are responsible for ensuring that the accounts provide a true
and fair view of the charity's firkqncial position and comply with relevant
legislation.
It is my responsibility to:
1. Examine the accounts under section 145 of Ihe Charities Act 2011".
2. Follow the procedur8s laid down in the General Directions given by the
Charity Commission under section 145(5Kb) of the Act; and
3. State whether any matters have come to my attention.
Basls of Indapendent Examlnerfs Report
My examination was carried out in accordance with the General Directions
issued by the Charity Commission. An examination includes a review of the
accounting records kept by the charity arKI a comparison of the accounts
presented with those records. It also includes consideration of any unusual
items or disclosures in the accoLtnts and seeking explanations from the
trustees conceming such matters.
Th8 procedures undertaken do not provide all the evidence that w)uld be
requir8d in an audit and, consequently, I do not express an audit opinion on
the accounts.
Independent Examlner's Stat6ment
In the course of my examination, rK) matter has come to my attention which
gives me reasonable cause lo believe that, in any material respect:
1. Accounting records were not kept in accordanGe with section 130 of the
Charities Act 2011;
2. The accounts do not accord with the accounting records.,
3. The accounts fail to comply with the accounting requirements of the
Charities Act 2011.
Financial Observations
However. I draw attention to the following financial observations:
1. The charity reported an income of £38,850 and an expenditure of £38,068,
resulting in a modest surplus of £782 for the financial year. This indicales
that the charity broadly operated within its means, maintaining a stable
financial position.

2. A significant proportion of the charity's income is derived from property
rental. including £14,000 from the letting of church premises and £10,500
from the church manse. While this provides a valuable and relatively stable
income stream. the trustees should remain mindful of potential risks
associated wth reliance on rental income and consider diversification where
appropriate.
3. The primary area of expenditure relates to the cost of the ministerfs
employment. The trustees should continue to ensure that this cost remains
sustainable in relation to income levels and that appropriate financial planning
is in place to support ongoing ministry.
4. Given the relatively small surplus, the trustees may wish to review their
reserves policy to ensure that SLJffici8nt funds are retained to manage
unforeseen costs and maintain financial resilience.
Subject to the above observations, I have no concems regarding the
preparation or presentation of the accounts.
Concluslon
I n my opinion, the accounts have been properfy p￿pared in accordance Klth
the Charities Act 2011 and provide a true and fair view of the charity's
financial position for the year ended 31 December 2023.
Signed:
Name: Tim Davies
AAT Membership no: 20319318
Date:
30th March 2026

Christchurch Exeter
NOTES TO THE ACCOUNTS (Note 1)
for the period ended 31st December 2023
1 Prlncipal accounting policies
The Charty has claimed the exemptions available in Section la of FRS102
not to pr8par8 a cash fiow since it is a srnall tharity.
a) Basls of Preparatlon and Assessrnnt of Going Concom
The Financial Statements have b88n prepared in accordance with the second
edition of the Charities Ststement of Recomm8ndèd Practice Issu8d in
October 2019, the Financial reportin9 Standard appllcable in the United
Kingdom and Republic of Ireland {FRS 102) and the CharitFes kt 2011. Vlfjth
51ems recognised at cost or transaction value un188S Otherwise stated in the
relevant notes.
b) Publlc Beneflt Entity
Christchurch Exeter as a charty meets the definition of a public b8nefit entty
under FRS102. Assets and liabilities are initialty recognised at historical cost
unless otherwise staled in the relevant accounting are initially recognlsed at
historical cost unl8SS Otherwise stated in the relevant accounllng policy notes.
c) Golng Concern
The Trustees consider that there are no material unc8rtalnties about the
Charity's ability to continu8 as agoing concern.
d) Income Recognltlon Pollcles
Items of income are recognised and induded in the a¢￿Unts when all of the
following criterla are met:
The charity has entitlement to the funds;
Any performance conditions attached to the Items of income
have been met or are fijlly within the control of the charlty:
There is suffcient certainty that receipt of the income is
considered probable.. and
The amount can be measured r81iabty.
Income recelved in advance of a specific performance or provision of other
specrfied service is deferred until the criteria for income recognition are met.

Christchurch Exeter
NOTES TO THE ACCOUNTS ( Note 1 continue)
for the period ended 31st December 2023
e) Fund Accounting
Funds held by the Charty are:
Unrestrlcted general funds - these are funds which can be used in
accordance with the charitable objects at the discretion of the Trustees.
Designated funds - these are funds set aside by the Trustees out of
unrestricted general funds for specific future purposes or projects.
Restricted funds- these are funds that can only be used for particular
restricted purposes within the objects of the charity. Restrictions arise when
specified by the donor or when funds are raised for particular restricted
purposes.
fj Resources expended and basis of allocation of costs
Expenditure is included when incurred and includes irrecoverable VAT.
Expenditure on operational programmes is recognised in the period in which it
is incurred. A designated fund is established for expenditure which has been
committed to projects, but remains unspent at the year end.
g) Cash at Bank and In Hand
Cash at bank and cash in hand includes cash and short-term highly liquid
investments with a short maturity of three months or less from the date of
8CqUlSition or opening of the deposit or similar account.
h) Creditors and Provls5ons
Credrtors and Provisions are identified when the Charity has a present
responsibility arising from a previous obligation that will result in the transfer
of funds to a third party and the amount necessary to satisfy the obligation
can be reliably measured or approximated. Provisions and Creditors are
recognised al the settlement amount.
l) Costs of managing and adminlsterfng the charlty
These represent costs attributable to the management of the charity's assets,
organisational administration and compliance with constitutional and statutory
requirements.

Christchurch Exeter
NOTESTOTHE ACCOUNTS (Notss 2-3)
for the perlod ended 31st December 2023
2 Anatyw$ of net assets bet*¢en fund$
G8n8ral Designated Restricted
Funds
Funds
Fund
Total
Cash at bank and in hand
Other nel current assetsl{liabilties)
60.610
13.612
74,222
Total
60.610
74.222
3 Anatysl8 of tharftable fijnds
Balance
In¢oming Resources
Net
Funds
0110112023 resources expended Movement 3111212023
alysls of movements in funds
General fund
73.440
38.850
38.068
782
74,222
Total
73.440
38.850
38.068
782