Trustees Report - Dec 2024
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 2024 covered The power of the gospel from Ephesians; The fruit of the cross ; A Bible overview from various perspec�ves; Preparing for Suffering from 1 Peter and an Advent series Preparing for the return of Christ.
We are s�ll small but our numbers have grown. Average a�endance throughout the year was 26. People are seeing that we are growing and feeling good that God is blessing us, even though tough personal situa�ons remain. God is teaching us dependence on Him!
Our outreach into the community is sustained with regular street outreach con�nuing in Exeter, Exmouth and Plymouth and also includes pro-life outreach.
Life con�nues to be hard for many in the church, especially the trustees.
Our administra�on is a weakness and we are conscious of it but new people are beginning to help. We are hoping that we will be up-to-date by 2025.
There con�nues to be much answer to prayer within the congrega�on. 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 He will bless us .
On behalf of the trustees
Revd Steven Hanna - Chair of Trustees
30/03/2026
chrlstchuh Exetsr
t138246
SOFA for the year eje 31 D8c8mber 2024 n8ndal ROrt Incoffle & Exp•n¢ltsn funds Total 2024 Total 2023 Incom• Offertng51th)Iln8 Donations) roMnorRent (Churth Hall) M8n88 Rent IPlnho8 Rd rani .Donation$ IL00 Plats Colleclon} Bank Inbrest 9.794 19,500 10.500 7,162 7,146 14,000 105 19500 10WI 7.162 204 T471•l r••w¢•• 47.315 47,316 38.850 46.992 32.474 50 160 2,089 1.004 1.364 306 25 Hor4 Insuranc• Church malnbnan( Hoalng & LSght Wotsr Events DenomSnalong1 f••8 Intemet mIon*ry gIn9 Oth•r Manse 2.152 2.152 2.141 299 460 480 317 317 331 208 58 591 591 52.951 38,068 N•t mo••m•rt (3,8361 15.8381 T82 Fund 8•lance8 BrowhlFoAv8rd on 1stJanuory 2024 FuNd B•l•fiMs •$ of 31it D8c•mb8r2024 57.910 13.612 74.222 8,58 73.440 Caih •th•nd Lloyd• N8tW•8t Bu8ln•u R•4• NatW88tCuryenl T1 14.942 31,773 21.565 305 68.588 3.405 49,305 21207 305 74.222
Chrlstchurch Exètor LANCE SHEEr for the year ended 31 Dec8mb8r 2024 Unr•strfct•d fund¥ D•slgnatod fuDd$ Total 2024 Total 2023 Incom• funds urrènl asoèts D•btorB Invg¥trngnts Cash atbank and In hand T•)e•l¢wrnrt•M•th 54.974 54.974 13,612 13.612 68b86 68586 72,$40 72,540 r•dltss'. tsllln9 du• wlthln one ywr 54974 13M12 68.588 72,540 To¢•l••¥•l• 1•8• ¢wrnntl•tsll• 54.974 13.812 68.586 72.S40 Crodltorn.. f8111no du• otsrono ar Provl$lon¥ br IlablllOe6 Tol•ln•t••¥•ts LYl•blAI•• Fund8 oflho Chartty D$$lgnalgd Funds Ro8Mthd Inwrn• fvnd¥ Unr8thctod fiJnd8 Rèvaluofjon re80N• 13.012 72A40 13012 13,812 64874 13,612 58,028 64974 72,540 Slgned by on8 or0 tyufj*e¥ on b•hallof all the trustO98 Date of approval &9nath4 Prfnt Nthm KJEKI Aga CC178lEx¢o11 I7102028
Christchurch Exeter
1138246
SOFA for th8 ywr onded 31 D8ber 2024 nandal Report G(¥tw & Exp•ndur• funds funds Total 2024 Totsl 2023 knEom• Offerin9$ lthllne DonUti3) (>08Yenor Rentlchurch Haul Mlnw R&n¢lPlnhoo Rd ren .Donalons ILoose Collnl Bank kntsr• 7,146 14,000 10,500 7.000 204 I90 10AIO 7.162 358 19,500 10.500 7,162 358 Tatal kncomhv4rMowc 47315 47,315 38,850 Sl8ff Honorarfa OJtr•8th Insuran¢a Chuth molnien4nL¥ Heaong & Light Watsr Evonll Denomln8fjong1 fEes Int•rn•t M1$$lon8ryglTh9 Other Man80 46,992 32,474 50 180 2,089 2.152 2.152 2.141 2.141 1964 25 317 317 331 208 58 591 Tt)l•l r••¢we•s •xp•nd•d S251 52,951 38.068 N•tmty4•m•rt 15,8361 782 Funo Balan 8rought Forward on 18tJanuary 2024 Ftsnd B81ane•i a$ 013111 Dec6mber2024 57.910 13.612 74.222 73,44D C••h •t•nd Lloyd8 NgtW••l BUn• R•••rw N8tW96t Curr•nt T•1 14.942 31,773 21585 305 3.405 49,305 21207 305 74.222 68 Aw)unl*h••MPW¥•JoTh•¢h
Chrhtchurch Exèter BALANCE SHEET for the year ended 31 Dec8mb8r 2024 Unrnstrfct•d fund¥ D•8lgnated fuDd$ Total 2024 Total 2023 Incom• funds Current 8$8¥ts Dèbtors Investments C8sh at bonk and In hand r•(•i¢wrntt•4•th 54974 54.974 13.612 13.612 88586 72,540 72.540 Crgdkn.. fgllln9 du• wllhln ono S474 13M12 68.586 72,540 54P74 13.812 68,586 72.540 Cr•dltorn". ts111 due 0fknro ar Provl¥lon3 for IlablllOe8 T•1•t•• &YWIIV•• Fund8 ofth8 Charfty Doslqnaled Funds ROSldcknd Incorno fijnds Unrèthctsd fvJTrd• RYalualon r•saN• 13,612 72,540 13012 13,812 54.974 13.612 S8,928 $4J74 T&lfinl• 54.974 72540 Slgned by on• orts¥o truoe5 on bahalfof all the trustee8 Datg 01 approval &9natt PrintNan gfEvEbJ Aga CCJ7?IExcell 1710312tr26
Independent Examinerfs Report to the Trustees of Christ Church Exeter I report on the accounts of Christ Church Exeter for the financial year ended 31 December 2024, which comprise the Statement of Financial Activities, the Balance Sheet, and related notes. Respectlve Responslbllltles of Trustees and Examlnor 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 ttue and fair view of the charity's financial position and comply with levant legislation. It is my responsibility to: 1. Examine the accounts under section 145 of the Charities Act 2011; 2. Follow the procedures laid down in the General Th'rections given by the Charity Commission under section 145{5Xb} of the Act: arKI 3. State whether any matters have come to my attention. Basls of Independont Examlnerfs Report My examination was carried out in accordance wth the General Directions issued by the Charity Comrnission. An 8xaminati¢x includes a review of th8 accounting records kept by the charity arKI a comparison of the accounts presented with ttrK)se records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees conceming such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do rK>t express an audit opinion on the accounts. Independent Examlner's Statsment In the course of my examination. no matter has come to my attention which gives me reasonable cause to believe that, in any material respect: 1. Accounting records were not kept in accordance 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 lo the following financial observations: 1. The charity reported an income of £47,314.68 and an expenditure of £52,950.81, resulting in a deficit of £5,636.13 for the financial year. The trustees should continue to monitor experKliture carefully and consider
measures to ensure financial sustainability in future wiods. 2. As in previous years, a significant proportion of the charity's income is derived from ppertY rental. including £19.500 from the church premises and £10,500 from the church manse. While this provides a stable income stream, the twstees should remain mindful of the tM)tential risks associated with reliance on rental income and consider opportunities to diversify income sources there appropriate. 3. The principal area of expenditure relates to the cost of Ihe ministerfs employment. The tNstees should ensure that this cost remains sustainable in relation lo the charity's overdll income and financial position, and that approprsate budgeting and financial planning processes are maintained. Subject to the above observations, I have no concems regarding the preparation or presentation of the acc(xJnts. Concluslon In my opinion. the accounts have been properfy prepared in accordance 1th the Charities Act 2011 and provide a true and fair view of the charity's financial position for the year ended 31 December 2024. Slgned: 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 2024 1 Prfnclpal accounting policies The Chanty has daimed the exemptions available in seCn la of FRS102 not to pr8pare a cash flow since it is a small charity. a) Bas18 of Prnparatlon and Ass•$smenl of Golng Concem The Financial Statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practi issued in October 2019. the Finandal reporting Standard applicable in the United lfjngdom and Republic of Ireland (FRS 102) and the Charities kt 2011. Wrth items recognised at cost or transaction value unless other4*lse stated in the relevant notes. b) Publlc B•neflt Entlty Chrislchurch Exeter as a charity meets th8 definitK)n of a public benefft entty und8r FRS102. Assets and liabS1ities are initially recognlsed at hlstorical cost unless otherwlse stated In the relevant accounting are initially renISed at hlstorlcal cost unless otherwtse stated in the relevant accounting pollcy notes. ¢) Golng Concom The Trustees conser that there are no material uncertainties about the Charws abilty to continué as agoing concem. d) Income R•cognlllon Pollcl•s Items of income are recognised and included in the accounts when all of the following criterla are met: The charity has entitk8ment to the funds; Any perfonnanc8 conditions attached to the items of incA)m8 have been met or are fulty wiihin the control of the charlty., There is suffcient certainty that receipt of the InMe is considered probable: and The amount can be measured reliabty. Income r8C8ived in advanc8 of a spoufic performanc8 or prowsion of other specified service is deferred until the uiteria for income reCognitn are meL
Christchurch Exeter NOTES TO THE ACCOUNTS ( Note 1 continue) for the period ended 31st December 2024 8) Fund Accounting Funds held by the Charity are: Unrestricted 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. Restrfcted funds- these are funds that can only be used for particular restricted purposes wthin the objects of the charty. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. fj Resour¢•8 •xpended and ba818 of allocatlon of costs Expenditure is induded when incurred and indudes irrecoverable VAT. Expenditure on operational programmes is recognised in the period in which it is incurred. A designated fund is established for expendlture whith 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 acquisition or opening of th6 deposit or similar account. h) CredltorJ and Provlslons Creditors and Provisions are identifwl when the Charty has a present responsibility arising from a previous obligation that will result in the transfer of funds to a Ihird party and the amount necessary to satisfy the obligation an be reliably measured or approximated. Provisions and Creditors are recognised at the settlement amount, l) Co$t8 of managlng and admlnlsterfng tho charfty These represent costs attributable lo the management of the charity's assets, organisational administration and CA)mpliance with nstitutiOnal and ststutory requirements.
Christchurch Exeter NOTES TO THE ACCOUNTS (Notss 2- 3) for the perlod ended 31st December 2024 2 *alYSIS of net assets between funds General Desnated Restricted Fund Funds Fund$ Total Cash at bank and In hand Other nel current assetsl{Itabilities) 54,974 13.612 68,586 Total 54.974 13.612 68,586 3 Analys1$ of charitable funds Balance Incoming Resourc8S Net Funds 0110112024 resources expended Movement 3111212024 An8lysis of movements in fijnds General fund 74,222 47.315 52,951 (5,636) 68,586 Total 74.222 68,586