CALVARY CHAPEL YORK FINANCIAL REPORTS For the year ending 30 June 2024
Calvary Chapel York | Financial Reports- For the year ending 30 June 2024 Contents Page Reference and Administrative Infomiation Directors, Report Trustees, Annual Report Independent Examinerfs Report 12 ststement of Financial Activities 13 Balance Sheet 14 Notes to the Financial Statements 15 Calvary Chapel York | Company Limited by Guarantee
Calvary Chapel Yort | Financial Reports- For the year ending 30 June 2024 Reference and Administrative Information Charity Details Reg1st8r Charity NaTh.' 0[ known na8.. Calvary Cha1 York Calvary ChaFel Bibl8 College York Gatehou8e Coff88 Shcp 1139213 (England and Wal88) 1 Barbican Road York Y0105M arlty Nuntsr., Principal oifice Address.. Trustees.. Mr D S Sylvester Mr B D Br(thrson Company Details Company Narn,. GJvemanc8 struclure.. Calvary Chap81 York Limlt8d by guarantee 07401663 (England and Wale8) 18arbican Road York Y010 5A4 Mr D S Sylvester Mr B D Brcder8on G)wpany Registration Nunl)8r.' R6glslered Office Addr8&8'. Directors.. Sanlor Staff,. Mr D S Sylv88tsr Calvary Chapel York | Company Limited by Guarantee
Calvary Chapel York | Financial Reports- For the year ending 30 June 2024 Reference and Administrative Information (conbnued) FOF IIIC IiiJii)g 3n JLI ?0 Other Relevant Organisations or Persons countanl,. EquIlriuM Accountsnts Ltd 48 Gcojramgale York Y017LF Banker8'. The Royal Bank of Scolland 6 Nessgate York Y019FY Sant8nd8r 7 Hlgh Ou8&Jats York Y018P2 Calvary Chapel York | Company Limited by Guarantee
Calvary Chapel YO | Financial Reports- For the year ending 30 June 2024 Directors, Report The dir8Ctors present their report with the financial stateThnts of Ihe ¢xnyany fcff ts year enthng 3) June 2024. Principal Acbvibes The prlncip81 actmty of company in the year undw review was an &ducab'onal estsblishrnnl, including adult and 0th8r abon. Directors Tho directors shown telow have h61d ofte during the of th8 y88r from1 July 2023 to 3) Jun8 2024.. Mr D S Sylv8St8r Mr B D Broderson PolitsGal and charitablè donations No contributions waro made to political or ott)er chan'lth organlsations (ljrlro lh8 year. Statement ol directors, respongibilitias The dlrector8 are responsble for Iha rwrt and accounts in accordance applicable law and r&gulatton8. Company law r8qulr68 the dirlorS to prre accounts for each finan¢ial year. Ur)d8r that law, the dir6Ctor8 have ethled to prepare the accounts In accordanc6 with Unit&l KingdJm Generalty knept&J Ac¢ounting Practlce (United Kingth)m countrng Sl8ndard$ and applic8bl618wI. Under cotrpgny law the threclors must not aFprove the accounts unlass they are sadsffi8d that they give a true and fair view of the slats of affair8 of the conpany and of the profit or loss of the corrpany for year. In preparing thes8 accounts, the torS are requlred to,, • select suiiabI8 accounb'ng pJlici68 and Ihen awy them oJnsi8tenlly; make judjernnls and estimates that are reason8trk and pruden( and, ' prepare the accounts on the going concam baws unl8S8 It is inaFprcpriat& to pressure Ihat the *lll con¥nu8 In business. The directors are re8ponsible for keq)Ing a(kwate a)UntirJ records that are suffiGlent to show and explaln the eorrpanY8 transactions and dsclose with rea8onth accuracy al ary time the finarKial posibon of the company and enabla them to ensure that Ihe accounts conyly with th8 Companies Act 2rJ)6, TW are 8180 r8spon3lble for safeguarding th8 assots of the corTpany and hence for takin9 reasonable steps for th8 prevention and dettion of fraud and other irregularile8. l)Jalifying third party indemnity provisions No qualifylng thIrty indnity provisions have boen made thriTrJ Ihe year. Small COanY provisions Thi8 report has been prepared in accordance with the special provlsions relating to small corrpanies within Part 15 of the Companies AGI 2006,. the provislons of Financial Rewrling Stsndard 102 Section 1A for Small Entitl8s and wlh Ihe 1hodS and principals of the Stat8Thnl of Recommenthd Pr8Gtice.' Small Charities 2005. &'gn&S ON BEHALF OF THE B fy Mr Dawd Scott Syfv8$ter (Director) Dale.. Calvary Chapel York I Company Limited by Guarantee
Calvary Chapel York | Financia5 Reports- For the year ending 30 June 2024 Trustees, Annual Report Introduction The trustees of caary ChaFel York pre88nt th8 amnts for the financFal peri&d1 July 202310 30 June 2024. The Trustees The truste68 who 8eNed the COanY thring ts year were as follows.. Mr D S Sylvester Mr B D Brcé8r80n Structure, Governance and Management Crganisab'onal Structure The Church Councll, headed by Pastor, 18 the 9)vem1J boo¥ of th8 ¢hur¢h. Tho Pastly has general supermwon and dlrection of the church. He acts as chainnan of all of n*mtrArs and the Church Council. MamrS of tho ChUh Council are Trustees of the charity. The comFkgny18 Ilmlt8d by guarantee, and trustses ara al80 th'r8Ctors for the pup)888 of law. Risk Management Tha Trustees are rewnsible lor the management of ts r18k8 fac&J by Calvary ChaFel York and Ihe York campus of caary Chapel Bible College. Con8ideratson8 of risk are also conslder&l ty the church elders and at Biblo Coltege staff nting8. 118k8 are id8ntffj and dealt throughout ts yew. intThnl ol Truslees JI the Trustees are aFpoinled by the Pastor of th6 Church ar 88rve until retirement or removal from tha 808rd of Tru8t888, Training of n8W twsl8es For someone to be considered for aFFoinirrthi as 8 Trustee of caary Chyl York, it would te e4DeCI& for them lo have eyri6nc8 of the Calvary Chapel ffthment and to bo In agreernnt with the Calvary Chard Yth statemnt of faith. In th8 8V8nl of a new Tru8180 being app)inted, ow)rtunity w)uld ba glven to them to parbcipate in the life of Calvary ChaFel York- serwces, prayer meetings and other avents to faffiliafi8e Ih8ms8lv8s with Ih81rf8 of the Bible College e.g. by ffthting the staff and Ihe stud8nl W, by attern9 one or more of the wular Bible Coll46 Staff 8tsngS and by cb8erving the way classes are taughL Public Benefit Stslemenl The Trust86s confirm they have corrpli&J with Iheir duty in 4 of the 2006 Charities Act to have due ward to the guidance on public benefit published by the Charity Comlsston in 8x6rcisiro their powers and duties. Objectives A. To build up the Church and Bible Cdleg8 a personal lev To walk in forgwenes8 with one anoL48r trom tho heart To genuinely Care for one another have a tralIhy attitu To love one anolher a pure h68rt To rest more, serve smarter, and latrour nre 8tety through faith To develcp a greater and mor8 intimate relabonship wth the Lord through prayer and His word To organi8e fellowshlp events Ihat build L4) true koin¢)nla (community) and devel¢)p d88per fr$6ndship8 Calvary Chapel York | Company Limitsd by Guarantee
Calvary Chapel York | Financial Reports- For the year ending 30 June 2024 Trustees, Annual Report (continued) To INe out a8 leaders the fvfrfold ministy in Eph68ians 4'.11-12 'And He Him8dl gave soTh to be ap)stle8, 801 prcphets, some evangelists, and Some pastor3 and teach8r3, for tha 8qUiFping of th8 saints for the WO of ministy, for the edifying of the boty of Christ.. To use modem tschnolcoy to trp comnwnicate wth th08e invofv&l th6 church B, To sbr up Ihe Church boty lo love and good works To encourage the boty to u88 the gifts God has given them To encourage th8 to te bold in sharing thw faith To train up the boty in evangpjism Ihrough pracbcal hand8-on eyrien¢e To encourage the to lo trust and rety on the Lord fcff His strength To pray8rfulty organi86 a plan to able io pul their gifts into cperalion To 6ncourag8 the W to consislenly shar8 theirfaith in every cFpJrtunlty To provide monitoring and di8cipl8ship for those who would ts¢nefit C To continue leaching and preaching the Word ol G(É through the power ol His Spirit. Through Sunday moming and Sunday night BibK8 8hKIo8 Through mi&week and hom8 group studies Through cpen air 6vangelk8m Through intemal and ndia fonJm81 cffiline CCBCY ¢188888 Through personal discipleship in the vnrd Throuoh the dlstribulion of printed nwlerials Throuoh Psalms and Hymns and Spiritual 80ng8 Through Ladies, weekly 8itAe studi&8 Through mcnihly Men's breakfasts Through Sunday lunch events fcff univer8ity 8tud8nts Activities The lollowing were 80me of tho aCtlti6$ that wont ahead during the 202&24 financlal year are as follow6.. CCY Church We have contlnued to offer our Sunday momlrwJ 8en4i¢88 on Ilvestream as *BII &8 being d)18 to have live meeb'ngs. Thls ha8 enabled people who are vulnerable to watch frijm home and Still b8 plugoed into the church. We are contsnuing wth prayer rrfjeting8 on Tuesday and Thursday lunchb'mes and Sunday moming before servico. Lqdies hav6 a wB8kly prayer eling on zoom. We are pleased Ihat after all the restricUon8 of Covid and tho r88ulting r8lcenc8 of vulnerable to r88tsrt attenth'ng the church, we are pleas&d that som Fecple havg felt able lo retum to 8eMc68 some new famili88 have stsrted lo attend. This has resulted in an incf8as8 In Ihe number particularty of children attend the Youth Grow), Trallblaz8r8 and Sunday School. We have now setled into a schedule where we have Communion on ¥18 First &nday of the mnth at the rnming $8rvi¢6, following by a Bring and Share Meal. Durfng thg summer months w8 have used the BBQS for burgers and hot (S)g8 lor the al. Pecple have been encouraged to sit artyjnd and chat after the al and so we have not had a Sunday evening 8eFViCO th8t week, We have therefore Irrfjv the Sunday Evenlng of Wor8hp, Prayer and CcrnuniM to the second Sunday of Ihe month. On the second and third SLtnday evenings, we have conUnu&J the O¥eNtew of thè Bible., just finishing the bcok of Jeromiah In January and than 8ts11ing Lanntations. Th@ men have continued to m88t f Breakfast on the last SabJrd9y of th8 month and had different sp8ak8rs after each breakfast. Steve Bryars shar&J his joumey through different cancer Ireatm&nts to the polnt wh6re now he is cancer fe8, which hs very encouraging. calv Chapel Yort | c1panY Limited by Guarantee
Calvary Chapel York | Financial Reports- For the year ending 30 June 2024 Trustees, Annual Report (contsnued) Various weekly home fellowships ¢ontinu&l to in clff8rent horw on dff8rent evenings through week. In Noventer add8d an 8(klilional fellowship led by Mike Salrron fc th8 aasl sid8 of York. Th& Frfday 6v6nlng for Youro knlts ilh Hoai Nguyen has been pJpular. Events Pastors Conference fv1ay 2024 This year tha conference thome w88 from Psalm 62.5 vhwa Davld say8,'W soul, waitthou onty UFon God, for my ewt8ti 18 from him.. Dave'$ rerN4rks to th8 P88tors and Leaders were 'On8 of th8 gr88t8sI lesson8 we can leam is about waillng and ewtab'on, It was imp)rtant enough to David that he had a conversation with hls soul about ill, And our prayer was 'May w6 wait only uwn God this week and have 8 great exption from Flim. Pray thal ¥Uld wond8rfully by his Spirit In our heart8 and IN8s for Ihis to haFp6nl' We had several speak8rs, Gilbert Lennox from Ireland, Dave Shldey and Rlchard Clmlno from Ihe USA, Brian 8rodersen from Calvary ChaFéI Costa Mesa, Rafael Manzanares from $8nla Pon8a Majorca,11 really was a blessed nIerence great ssages from tho sF48kers and fellowBhp with one another durlng the nwlb'm88. The rrL)ming wor8hlp tin8 were peAd by Clare Toro, John Mccathy, (knJ Vittfjrt and the 6venlng by L6vi and Jayne Kemp. W6 W6r8 al80 Ireal8d to parfomnces by the cla88ifAI gulla81 RcJrigo Rtsariguez. There were 84 d8legate8 and 1r wve8 plu8 25 of their children. We able to provts Youth wfieting$ led by Ro88 Holden, Tom Flanagan and Chri816na Brown,. mb'ngs for10-Year-OldS led by E8ther Holdgn wllh her daughter J888 helping plu8 an under 5,8 group, creGhe and tho younger children aity organlJ Mon1 Fbson. We were able lo have BBQS, though soThlimes havSno to thdJ8 st18, and the church ladies provid&J wonderful cake8 from the refreshment breaks. We V•Bre gratsful for ts church pwle who came to help prepare the fcol and drinks, help In tha children's groups and seNed in numerous ways.11 was a gmt t6am effort. Men's Ministry th& last Saturday of the month, thare have been Man's Braakfasl8 with different Thn $harfng Inclth,ng Dave Svester, Other Contribut18 caTh from E)ave Syvestsr, An(trew Gocln and Mlk& Salffth. w0nn,8 Ministry We were able to eonllnua vilh zoom prayer m8ellNJ8 on Frithy nJ)ming generally havsThJ about 6 ladies oonsistenlty, They have been ancouraged by the answers to prayer received: Praise Godl On 2 Dntsr 2023, we hosted a Chrfstsnas Tea. Ladie8 wovided 8¢rumpiiou8 fo&1, and have some Chii8tma8 caro18 and songs, and a COFW routine from Jam56 thich is aayS much wrlated. Nancy gave a talk after a pr8wilab.on of 'The Three Tre&s' and the gospel VP8 shar&S. At¥)Ut 90 Dmen attend&J, 80rro for ts fir81 but many who wanted to coTh back again for the experie8. In the Autumn, the ladl88 Gonclud8d the SdIeS bas8d on Nancy Sfvestsrf8 B&)k You're More Than Dirf vKrking through 8 P6r8onal joumey. There was a Ladies Weokend Retreat organised by Cafvary Ch8pel Hwrcgate in Febnjary 2024, ryth the keynoie speaker on¢e ag8in being cha 8roders8n. The title was 'lrthbted to L¢)v8'. A few worren attended for th8 Weekend and soTh fLY lh8 day on Saturday. In the Spring Tem, the ladles commnced an 11-hBek St on P8alm 119 taklng a stanza of 8 verses por week. This was attended by a few ladies live at th8 church and the rest of the lath on zwm breakout groLPS for dscussion. Nancy Sylvestor or Helen Salmn shared talks each week on the aFpf(pri8te stanza then went inlo smaller breakout groLP to talk about what G¢>J had sho*wl us that from the passage, finishing wlh a b'm of prayer. Calvary Chapel York | Company Limitsd by Guarantee
Calvary Chapel York | Financial Reports- For the year ending 30 June 2024 Trustees, Annual Report (continued) Fur Ilie ve JuD.e 2.4 Young Adults. Fomiedy University Sludenl Ministry Hoai and Jess Nguyen have een able to conts'nue YouTrJ Adult BItAe Study on Friday evenings, which includ& university students and olher young adults in Ihe church, Children's Ministy Esther Holden ably organi893 Sunthy SclKoI cla&888 wth a t8am of Sunday Schcol teachers and helpers. One of the gr becar£ 80 large that It has had lo Èe gplit into hyo grcx4)8 and sm mre teacher8 have come foThvard to help. Trailblazers Trailblazers ha8 COntinw during Schwl tem 1th a gC attendance of chllthn, Th ¢elebrated Chrf8trnas wa8 a party in Decgmb8r. In Easter Week, March 2024, we ran a rwmlng 2-0 event as an Eastw Club, vthich Includ8d craft8, gan$ and songs. The days were entiled 'The Great Athenture, and IrlUts live 'inteNi8ws' wth a 8elp£lon of missionari88 vtho told their $10rf68 of their great athentures with G(yJ. This included Amy Carrrichael, whowent lo India,. Gla(tys Aylward- China, J8ccb Dashazer Japan, George Muller - Bnstol, Brother Andrew- Holland, Corrie Ten Bwm - Holland and Mary Slessor - Africa. The sanctuary was Iransfomisd Into an alrt temilnal with ry)tion d88k and different routes for drfferenl age groups, flags from (lffergnl countries and p'ctures on the ¢hIren'8 craft rcq)ms of children in their countries dress and other irNqg8s like palm tr6es and wilMIll8. In all, there wBre 40 different chlktr8n who jolned lh8 event and Ihey apFéar&d to thoroughly enjoy Ih8msalv88. Lill18 Doves The 'Little Dovas, grow) for molhers and b8ble8, or 8mall children, conb'nu&J up lo Chri8tsna8 tirn. Alexa Evans had lo thdraw from ih816ad8rshlp on rmviro to Wal88, and Moniqje then tC¥)k over. She has had lo take a break aftor Christma8 due the blrth ol her slxlh chlld. We were p16a88d ts group wa8 able to restart In Pyil 2024 and a coupl8 of new ladI68 8tsrted to att8nd, who were not Christians. We welcomed 8evefal babies into our midst and gave a 'pwnancy celebration bnJn¢h' in January. We had prepared by the ladies, played some baby.Ihemed games and pra for the 6 eta)I VK)m8n. From d)nallons, wo wewe able to give each lao¥ a gift bag with baby essentials. plu8 an amazon voucher, whlch they vKre thrill&d Vth, Youth Ross Ho4den and hi8 8UFP)rt team, conlinued to maet wth Ihe Youth GIDUP Thur8day evening8 live and for othor 8Gbw¥88, We are continuing to have a groLP of chlbtsi Mng Into the youth group with ab)ut 3>40 attendirKJ. R0&8 and Dan took a 40 strong group away to a venue betr the Yorkshlre Dales and the Lake Di8tsict in March. Th8ré was also a Youth Retreat, 1h tc)k placa in June 2024 at tha church vAth around 65 youth attendlng. The speaker8 VBre Anty Higgins from Can*)ri(hJe, Harry Evans and Ross Hdden arKI the talks were based on Psalm 62..5 covarlng ExFeCtalions', Foundatlons and Hq)e. There wgre 7 attend8r8 who made 8 firsl-llme commilrrtsnt to following Jesus and at on8 ses&on, 85% stood to make re-commitments lo the Lord. Thay h8d a tp out lo farm on Saturday aftemtrjn for fun and games and BBQ. Duo lo thg largo attendance and SO y¢)uth who we over 16+ R0&8 ha8 thcided to stsrt a now group in th& Aulurm lor I othr mentsrs, which wlll meeting at his hou88 for fcol, thing aThJ fellowship. It was fell that it would be easier to mlni8ter into the dt'fferent age groups by (bing thi8. Outreach Ministries York Sam and Eliana Dixon have been regularty going out Into Yc¥k on Weth8sday 8venings lo minister to homale88. Thay hava built up relab'onships with rrony and bean ab to hek them and Share Ihe gosFfjI wlh them. Calvary Chapel York | Company Limited by Guarantee
Calvary Chapel York | Financial Reports- For the year ending 30 June 2024 Trustees, Annual Report (conbnued) r tl'i&' 24 ilionally, Lydia, 8 8tu(bnt from St hn'S Unlv8Tsity is slawng at ts Ilals, ha6 been g¢ing into ts uty to roach out paitcularty to those are going to PLbs and olth, This has resulted in many oonvorsations and cups of hoi coffe8 '8p8nsed, The Bibl8 Coll8go students have also te8n rea¢lNrKJ out In the city, thxng music and talking wlh pwle. Friends Inlemalion81 Group This group, run by Chri8 Chu, ha8 rffteting al our premlses wa8kly on Mon( evenings to offer a pla¢e for intémational college slud8nts to nwi. These hava mainly teen 80cial ¢8810n5 bul have al80 included sorn lalks and (liscusslons on festival8 like Chri8ima8 and Easter, irKluding celthtlng ts Chinese New Yaar. Prison Ministry Glynls had tse8n djlng Son cours88 for the Inmates 8t Wl8d6n prfson, which is a young offend8r3' prison. Peter Rcbin80n had also been involved. They Shared their e4wiences one Sunday momlro service and aFFealed for mre helFers. Gatehouse Coff86 Shop In February 2024, Albert and Taylor O'connell relooat&l to Canada, Taylorfs home county, They re grg8tty mi88ed for all the help they gave In the Coffee Shcp, organi81ng Church 6vents, CCk5ng breakfa8ts and prq)aring the fLgts for new 8tud8nt8. Levi and Jayn& Kemp relum6d in Fruary and V•we able to h 8galn In tho wor8hlp mSnisty and vlth the Bible College 8ttJthnts, Levi being Cean of Men and Jayne helTra Nancy with ts girfs group. Ukraine We hava able10 provhle both monetsry and prr 8UFPOrt for the hu8band of a Ukrainian lady in the ohurch. Serg81118 a Youth Pastor and a chaplain lo the $oldior8, maklrvJ Irlp8 to the front line of the warLone lo take 8UFplles klu8 8hare the gosFel and listen to their 8torfes. Sergeii was able to share ong nKmlno at church thut lh8 ffinI8ty, Bible College The Bible College continue8 to attract students from the UK, EurcFe, Mic>Jle Ea8( Canada, Mexico and Arneri¢a thOut any diwt athertl8ing. The Spring 2024 8emester had 29 stuthnts and 3 Intem8 of whom 5 grathated in May 2024. Clark remaln8d 8$ a r8gi8trar8nd tsught cla&88sand th8 Other continuing taachors wer8 ChKw Kln Young, Paul (othwin, Randy Mccracken and Dave and Nancy Wvester. Jamle Higgins had to iaka som8 tlmo away from belNJ on campus 8$ he w8nt horn b l¢)Jk after his mther through h ¢an¢er treatrnnt, but he travelled back to York lo wularfy teach hls da&8. H18 Cation wa8 much 4)plated. Financial Review Jring the year income h8s reduced by 16%, drtven yim8rlly bya fall In other tradlng Income, lch 18 Ckn 15% on the prior y&ar, and a shary) r&aJclion in other incom generaj priffrly from foreign currency mov8mnts. Cdbge tuilion fees have fallen significantty Ihis year, thwn 65% the prior year. Overall, Go8ts for the year have increasod, mainly due to th8 Blblg Cdlog6 costs remaining hsgh lup 2% on the prior year} (te the fall 8tudent8. Church expenditure a180 rose by 18% re8ulb.ng in an overall d6ficlt for the yaar of £112,133. Reserves Policy It is the policy of caary Chapel Yort to have a Small r&88Ne to met ary unewèl exFenditure, Calvary Chapel York | Company Limited by Guarantee 10
Calvary Chapel York | Financial Reports- For the year ending 30 June 2024 Trustees, Annual Report (continued) 3L! Trustees, responsibility statement The trustees (who are al80 the (ltIN3 of caary Ch¥d Yolk for the purposes ofcompany law) are reswnslbleforpwrfng the Trustses Annual Report and the finar181 staloment8 in accordance with aFyiCab law and regulations. Company law r8quir&s the trust88s lo pwre financial Ststernnts for &ach financial year. Undèr that law the trUSte68 hav6 alted lo prepare the financial statenntS in accordance with Unll&l Kingdom Generally Accepted Accwnbng Practlce (United King(k)m Acoounling Standards and 8F018b1O lawl. Under corry)any law the tDJstees must not aFprove Ihe financial slaleffents unle8S are satiSfd that they 08 a tru8 and falr vlew of the state of affairs of ts eompary arKI the inoome and exp&nditure of the coffyany for that year. In pwring th080 financial staterrthts, the trustaes are rewired lo.. Select suitable accounting Frf)licies then aFpty th8m con8lst8nUy', ObseNe Ihe m8lhtsJs and principles in th8 Chan'ti88 SORP,. Make judgements an accounting 88lim8t8s Ih81 are reason16 and prudent,. and, Prepare the financial statemnts on the going concam ba818, unl8ss11 Is inaFprLpriale to presurr6 Ihat the CopanY vlll conts'nue in cFeration. The truste88 are r88pon8ible for keeping a(at9 aGcwnting rewds that are sufficient to show and explain th8 ¢(rynV8 transacl'ons and ds¢lose with r88s0nabl8 8eLuf8Cy 81 any time the financial p)siJon of the company and 8na)le them lo ensure that the financial stateThnls COr1Y with the Companies Acl 2006. They are also resp)nsible for saf8guardng the assets of the company and hence lor tsking reasonable s* for the prevention and dettion offraud and other irregularitl68. Going Concern D88plte an in¢re8sè In tyJigoing8 over the Itnan¢lal year, the charity h88 b88n abl8 to m8lntsin ifs cash r888Nes. A8 such, ai the d9te ol signing these tlnancial stalernnls, the trust88s ex1 the charity to contsnue lo trath for the foreseeable future. On this basls, tho trusle8s have pryr&d these Ilnanclal staterrEnt8 on a going concem basls. Summary In the previous year we made prc¥Jress across a wits range of Minis68 by equiFping our pecple and reaching 1 wth the Christsan me&8aga. Over th8 coff4ng year we want to tAke th8 Chri8tian m&88age further afidd to some of th8 many c4yJntrie8 where we now have connections, MR D SYLVESTE rAreclor 1 Bartjlcan Road York Y010 5Aq Zi. ZOLJ Calvary Chapel York | Company Limited by Guarantee
Calvary Chapel York | Financial Reports- For the year ending 30 June 2024 Independent Examiner's Report ic, 20 I r4))rt on the accounts of Calvary Ch1 York for the year ending 3) June 2024, which are set out on page$1&21. Respective responsibilities of trustees and examiner Th8 charitys trustees ara resp)nsible for pwration of th8 accwnts, The charitys tNst8e8 consid8r that an audil is not r8quir8d this year under b.On 144(21 of the ChlS Act 20111th8 2011 Act) and that an intyndl examinati(Jn is need8d, It 18 my responslbllity to.. Examine the accounts und8r Section 145 of the 2011 Act To follow yttedJr8$ lald thwn In the G8neral DIrli0n8 given by the Charities ComrYi88ion under 8ection 14515llbl of the 2011 Act, and To ststs thether parlicular matters hav8 come to my att8ntion. Basis of indép8nd8nl èxaminer's TepNt My 8xamination was carried out In accordance wilh the Gonaral DIon8 given by the Charfty Commi88Ion. An examlnauon Includes a oftha 8ccounbng records kept by the charity andacompart80n ofthe accounts pre8entgd wlth those reoord8, It also Includes con8id8r81ion of any unusual Items of d'8closur88 In the accounts and seeking elanatiOnS from you a8 trustees con88quenly no Opinic is giv8n as lo whether thg accounts pr88ont a'tr and fair vi6vI, and ts rewrt Is Ilmited to thoso mallar8 set out in the ststement bebjw, Independènt examiner's statement In ¢onnecJon with ry examination, no matsr has com8 to my attention.. 111 Which gives me reasonable cause lo believe that In any matortal respo¢1 the rwuiremonts To keep &countsng records in accordance tiOn 130 of th8 2011 Act, and To prq)are accounts Nch accord the accounb'ng ordS and ¢onply with ts accounung rffjuiremants of 2011 Have nol teen me( or {2) To 1¢h, in rry oplnion, attentson SIlId be drawn In order to onable a prcFfr und8r8tandlng ol tho accounts to be reach&#. Icola Ainscou Chart8r8d Accountant Equilibrium Accountanis Lld 48 Gcy)dramgale, Yorf(, Y017LF ABSC 25 March 2025 Calvary Chapel York | Company Limited by Guarantee 12
Calvary Chapel York | Financial Reports- For the year ending 30 June 2024 Statement of Financial Activities Ilncluding the Inco & Expenditure Account) i iii Ll iu yr.fji tsl iij li lil Kiu 4lLI Ywto 3) Jun 24 Total Year to 30 Jun 24 Totsl Fbstrict&J unr68th.cled Funds FUTh Notes INCOME Incoming and endovments trom.. Donations and legacies Charitsble activities Other trading actiwb'es Inv88tments Other inco 93,238 147,995 91,942 115 93,5e8 149,363 92,49J 115 3,538 92,55) 1YJ,536 106,667 1,368 ,072 405,913 Total incoming resources 2,266 336,828 EXPENDITURE EndIture on., Raising funds Charitable aclivili88 other 196,1131 {331,5931 {8,7761 (96,113) {346,338) 18,776) 1107,7381 1298,7621 19,143) 1415,643} 10111 12 114,7451 Total re8cr¢&S e4Eended (14,745) 1436,4821 1451,227), Trans18r betwn funds Ngt Incom l {expendilurel for the yaar (12,479) {99,654) 1, (112,1331 (9,730) RECONCILIATION OF FUNDS Total fuThls brought forward as at1 Juty 2023 Total funds carried forward as al 30 June 2024 18,755 6,276 1,660,509 1,560,855 1,679,264 1,567,131 1,900,409 1,688,994 The notes on pages 1&21 fomi a part of these financial ststeThnts. A slatenI of Total Recognlsed G8in8 and Losses 18 not r11 88 811 gains and Ios86s ara Includ&d in the statannt of Rnan¢lal Actimtles. is no drfference tftsve8n Ihe netinGe1(6XpsnLlreI for lh8 yearatrf)ve and historical cost owNalenl. Al a¢¥vitles are continuing. calv Chapel York | Company Limited by Guarantee 13
Calvary Chapel York | Financial Reports- For the year ending 30 June 2024 Balance Sheet M) dl ._) Asat 30 Jun 24 A88t )Jun23 Nots8 FIXED ASSETS Tangible assets 15 2,837,429 2,918,604 CURRENT ASSETS Slocks 16 5,762 43,774 96,692 5,762 36,009 108,653 Debtor8 17 Cash 8t bank and in hand 145,228 15),424 Cr&JtoryJ.' Anunts falling du8 V+ithin one year 18 {82,4691 (54,381) Ngt Curr8nl Assots I (Liabilities) 63,759 96,042 Total Assets less Current Liabilitie8 2,9)1,118 3,014,646 Credtors,. AnTr)unt$ falllng due aftar trnre than one 19 11,334,057) (1.335,382) Nei Assets 1,7,131 1,679,264 FUNDS Unre8tri¢t8d income ndS Restricted InGOrr funds 20 21 1,%0,855 6,276 1,660,S)9 18,755 Total Funds 1,567,131 1,679,264 The notes on pages 15-21 form a part of these financial staterrenl$. DirecloTS' benefits.. athan8, credit and gtjaranlees During the year no 8nefits, in the form of aoV8nc88, and guarante88, were conferred upon direclors of the coNp8ry. Guaraiilees and other financial commilinents During th8 year no guarant88s or other fjnanciaj commitrrfints wer8 math. For the year gnding 30 June 2024 the company was entitled to exerrption from audll unthr secb'on 477 of the Corrpanles AGI 2006 relating10 small companies and did not 8xceed the audlt threshold und8r the Charities A¢1 2011 lor the year in question. The rnmbers h8v6 not rewired the company to cbtain an autht in accordance Ylth Section 476 of the Coffpani8s Act 2006, The trustses acknowle&Je their resFonsitHlitses for cOnpln9 wth tha rewirerrBnls of both tha Corrp8nias kl 2W6 8nd the Charities kt 2011, with resFect b accounlng rewrd8 and the wq)8ration of accounts. The finartlal stalements have kan pryred in a¢xordarth wilh the provisions aFplicable to compani88 SU.1 to the small conyanle8' r8gim6 and in acGordance with the provisions of FRS 102 Section 1A- Small Entibes. The financi818latements on pagos 1&21 wore aFproved by Ihe of tha committ88 and 8uthorised for188uo on 25 MarGh 2025 and are signed on MR DilOr Company Registration Nuthr., 07401663 LVESTER Calvary Chapel York | Company Limited by Guarantee 14
Calvary Chapel York | Financial Reports - For the year ending 30 June 2024 Notes to the Financial Statements r Ilie 30 ,1i.Ine 90,14 1, STATUTORY INFORMATION Calvary ChaFd York is a priv8t8 company, limited by guarant88, rwJi81ered in England and Wales, registrati( nuner 7401663. The reglslered office and princyl place of busin88s is 1 BarbirAn Road, York, Y010 2. COMPLIANCE WITH ACCOUNTING STANDARDS The finanolal ststements have been In accordance with the Cthmpanie8 AGt 2CM)6, the Charities kt 2011, the Accounting and RepJting by Ch8ril88 for sMalr Enb'lies.. Staterrenl of Recommended Practica aFWicable in th8 UK and Repthlic ol Irdand IFRS 102} (Efftiv8 January 20151- (Charities 'SORP IFRS 10211., the prowsions of FRS 102 Se¢ts'on 1A- Small Enb'tm and all othw wlicabl8 a¢¢ountsng standards in the United Klngth)m, 3. ACCOUNTING POLICIES 8asis of accounting The financial stalemnts are prep8rJ on a golng con¢8m ba$l8, the historical cost convention. The charity has adi'usi•J the fomats of th086 pr88crib8d by the Cowpanies Act 200610 includg h8a(Ing8 that aro relevant lo it8 aQtMti88, to enable it lo show 8 true and fair view. The financial stsieff6nts are In 8terfing, which18 the lunc15onal Curren of the entlty. The principal accounting pollci68, leh have teen aFplied con8iStondy in the year, are 8et out hlow. Revenue Recognition Revenue is OgnI8& in rosFrft of gifts, ()natioll8, arKI funds rocoiv&l for oocth and 8ervlce$ during the year, exclusive of trth )unIs, rwApt. Cash Flow Slalement For year endlng 30 June 2024 the conyany was entiued to ex8nytion from the [ureMent, under Financial Rep)rting Standard I., Cash Flow Stslements IRevi88d 19961, on the grounds that #Ie company IS da&8rf1ed as sm811 la8 per the thresholds sel from 6 W'I 2CNJ81. Fixed ksels AJI fixad a88ets are CApiIAlised and Incluthd at cost, inoludtng any incldentsl eynses of acquisition. Depreciab'on is provi(d on tsnglble fix&J 888ets at rates calculated 80 as write off the cost ol an as8el1888 Irs estimated residual value, over the u86ful lonIC life of Ihat asset as follows.. Freehold prcperty - 2% straight Iln8 Flant & Equipffthl - 25% rethcing balanGe Fixtures & Fittings - 25% rething balance Motor Vehicl88 - 25% reducing balance Comput8r Equipment - 33% reducing balance Office EquIpwnt -15% r&du¢ing balance Stocks Stooks are Valu at tho I0r ol Cost 8nd n81 rea1188bb value, after making due allowance for cl)sdate and slow- nTrJving items Allocation and apporttonmerTrl ol costs Al costs are allo¢aled batMn exFen(lir8 cagleS nobj 8tth8 on a basls d8sign8d to reflgct tha use of the rasource. Costs relating to a particular a¢tNiity ar8 allc¢at&l dIf1]y, others are app)Oned on an apprcpri818 basis e g. on 8 expend&J basis or estimated usage. Calvary Chapel York | Company Limited by Guarantee 15
Calvary Chapel Yort | Financial Reports- For the year ending 30 June 2024 Support costs SuFport costs are thos6funclion8 that a88iSt tho V•tJrk of ts ¢haritybut(k) rrf)tdir&lly undertake charitable activities. SuFPOrt costs includ8 backoffice costs, finance, person1, payrdl, and govemence costs which suppJrt caary Chapel Yotk acb'vities. (>Jvernance costs include tha cosl of audit of the annual accounts, legal and prof8&8ional faes and the charge8 lewed in managing th8 bank 8ccounts. Funds structure Unrestricted funds are funds that ar8 available for use or retention at the discretion of the Tru81888, in acurdance vith the Charitys c+)j8Cts. Restiicted funds are u8aJ a8 ar the aclual e408ndiknro on wo118 Incurred. 4. DONATIONS AND LEGACIES Yèar to 30 Jun 24 Total Year to 3) Jun 23 Total Restricted Unr88tncl&J Funds Funds Re9cted unre8ct Funds Fund8 tl)nations' Tithes and offerings Olher Income Tax Refunds on (S)nation8 81,39) 81,740 92,030 92,59) 520 5. CHARTIABLE ACTIVITIES Year to Jun 24 Total Year lo 30 Jun 23 Total Restric Unr88trsct8d Funds- Funds Restrlcted Unre8tricl& Fur Fund8 Primary puwe trading Bible College Church 34,212 113783 34,212 115151 98,845 98,845 6. OTHER TRADING ACTIVITIES Year to 30 Jun 24 Total Year to 3) Jun 23 Restiicbl Unre81ricted Fund8 Fundg Resknctthl Unrestricted Funds Functs Bible College Church Coffee Shcp 13) 25 130 573 10,410 698 11,108 106 667 Calvary Chapel York | Company Limitsd by Guarantee 16
Calvary Chapel York | Financial Reports- For the year ending 30 June 2024 7. INVESTMENTS Year to 30 Jun 24 Totsi Y68r to 30 Jun 23 Total Restricted Unr88tricted Fun(ts Funds Restricted Unrestsi¢bJ Funds Funds Bank Intorest RtrAiv8bl6 115 115 115 115 8, OTHER INCOME Ye8r10 30 Jun 24 Totsl Year to 30 Jun 23 Total Rg8trrct8d Unrestri¢lg Funds Funds R881ri¢ied Unr981ricted Funds Fund8 m18c8llanuS Revenue Foreign Currency Gains 2,222 2,222 3,368 3,%8 9. EXPENDITURE ON RAISING FUNDS Y8ar10 3) Jun 24 Total Y8ar to 30 Jun 23 Total Restrl¢ted Unrestric Funds Funds R8Btrlct8d Unresbl¢t& Funds Fund8 Coffee Shcp 10. EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE Year to 30 Jun 24 Tolal Year to 30 Jun 23 Total Restn'otI Unr88trictsd Funds Fund8 Re8th'¢ted Unre8tricb Fu Funds Bible College Church exp8nditur8 9,618 29,668 39,286 9,754 28,693 38,447 298 762 11, EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE Year to 30 Jun 24 Total Year to )Jun23 TolAI UThJ8rtaken Ditecty 'ble Coll8ge Church expendlture 39,286 39,286 38,447 260 316 Calvary Chapel York I Company Limited by Guarantee 17
Calvary Chapel York | Financial Reports - For the year ending 30 June 2024 12. EXPENDITURE ON OTHER Year to 30 Jun 24 Total Y8ar to 30 Jun 23 Total Restrict&d Unrestri¢twJ Funds FuThJs R88tii¢ted Unr88tricb FUTr Fund8 Govemance c08ts B8nk charges Loan inier&si payablo Sale of asset 2,130 4,678 2,130 4,678 1,800 168 2,237 5,106 1,800 2,237 5,106 168 13, NET INCOMING RESOURCES FOR THE YEAR This Is staled after charglng.. Year to Year to 30 Jun 24 3) Jun 23 Tolal Total Depre¢latlon Exchange gains I (losses) 81,413 1,316 85,803 52,704 14. STAFF COSTS AND EMOLUMENTS Total staff costs were as follow& Year to 30 Jun 24 Total Year to 30 Jun 23 Total Wages and salaries sla1 security costs 71,791 63,925 Particulars of etrploye8s'. average nuthr of employees during year, calculated on ts basis of full-time &4uivalentS, W&8 as follows.. Year to 30 Jun 24 Total Ye8r to 30 Jun 23 Total Ch8ritabl& aclvlties tivlb'es for g8n8rating funds Management and admini8tralion of Ihe chartty No effployee recefved remuneration of nb)re than £60,OCKJ thrfng the year. Calvary Chapel York I Company Limited by Guarantee 18
Calvary Chapel York | Financial Reports- Foi the year ending 30 June 2024 Trustee Remuneration and ben8fils Included in wages and sal8fj8s is £6,60012023'. £6,600) paid to trust88, Mr D Sfvester and £6,00012023'. £6,CI)01 paid to Mrs N SVester, the wlfe of Mr D SWvest&r. Mr D Sylvester was also paid £3,00012023'. £3,000) living allowance lo cover the costs of providng lyjspilality and suFp)rt to congregabon members, bible college sludenls and guest SFeakers, This remunwation was paid to Mr sveSt6r wth the aFproval of all trustees in recognib'on of his role as Pasbr of the oongregab'on. No Fension contributions were provid&a as part of hls remuneration during the year. Trustee EnS89 Mr Sylvester was reirtJur$8d £5,81812023.' £4,128) for 64)8ns86 In¢urr8d in fu1111ng his dub'88 as Pastor of the church. The nature of the exp8ns6s reimbjrwj incluths travel, mcbile phona, a¢COmnOn, 8ubsi8lence, and equipment purchase r8irthrs8mènls. 15. TANGIBLE FIXED ASSETS Freohold P18nt & FixttJr88 & Corrputer pr EqJpm8nt Fltting8 Equlpment Other Total Cost As at1 July 2023 A6dibons Di8Frf)sals As at 3) June 2024 3.647,700 60,221 709 42,554 20,782 17,582 3,788,839 2,195 3 647 7fy) 14252 3 786554 cumu18bJ Deprpxiation As at1 July 2023 Charge for the year D18P)8als AS at 30 Jung 2024 766,017 72,954 42,658 34,966 2,177 15,613 1,682 10,981 1,460 870,235 82,842 949 125 Nel Book Value AS at 30 June 2024 As al1 July 2023 28729 4 976 2 837 429 6601 2 918604 16. STOCK Year to Jun 24 Total Year to Jun 23 Totsl Stock 17. DEBTORS calVY Chapel York | Company Limited by Guarantee 19
Calvary Chapel York | Financial Reports- For the year ending 30 June 2024 Yearto 30 Jun 24 Total Year to 30 Jun 23 Totsl Trad8 debtors knNed Inco Prepayments 26,918 19,3)9 18. CREDITORS; AmOUs FALLING DUE WITHIN ONE YEAR Year to 30 Jun 24 Total Year to
) Jun 23 Total Bank loans and overdrafts Othér Creditors Deferred Inco AL¢rua18 51,369 24,620 44,474 The oonyany wures the following li)Ilities d8clol undw Grtors falling (kn8 within one year.. Yaar to 30 Jun 24 Total Year to 30 Jun 23 Total Bank loans and overdraft8 19, CREDITORS. AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Year to 30 Jun 24 Total Year b 3) Jun 23 Total Othor long-tem loans Related Parties Mr B Broder8en, a Trustee of Calvary Chapel Yth, is the Senior Pastor al Calvary ChaFfjl C08ta M8sa. Calvary Chyl Cosla Mesa have loan&1 Calvary Ch8p81 York £1,334,057. 20. UNRESTRICTED INCOME FUNDS In1j Ig¢iro Transfer of Bance al Balance at resources v880urc65 furttJ8 30 Jun 2023 30 Jun 2024 General Funds 1660 509 1660 509 Calvary Chapel YcKk | Company Limited by Guarantee 20
Calvary Chapel York | Financial Reports- For the year ending 30 June 2024 21. RESTRICTED INCOME FUNDS Incoming Outgoing Transfer of Balance 8t Balance al resources re80ur¢o5 funds Jun 2023 30 Jun 2024 Restrictéd Fund8 The restricl&J funds are as foll¢)w8', CCY Designat8d CCY8C Designated £6,276 £nll 22. ANALYSIS OF NET ASSETS BETWEEN FUNDS TarvJiblo fix&d a68ets Net Current 888gts Long lem li8bilities Totsl Unrestricted incorre funds Restrictsd income ftjnds 2,837,429 57,483 {1,334,0571 1,560,8S5 2 837 429 63759 1567 131 1334 057 23. COMPANY LIMITED BY GUARANTEE The ¢onyny 18 limited by m8nts8' guar8niee8 arKI ttwefore has rvJ share wltsl. The guarantee given by m8ntsr818 Ilmlted to £1. Calvary Chapel York I Company Limited by Guarantee 21