Christ Church Derby
Report and Accounts Year ended 30th September 2025
Christ Church Derby
COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Trustees
Rev. Joel Kendall Timothy Houghton Matthew Newboult John George McCartney
Company Secretary
John George McCartney
Key Staff Rev. Joel Kendall Governing Document Memorandum and Articles of Association dated 6th August 2010
Company Registration Number 7338676 Charity Registration Number 1140038 Principal Address Christ Church Derby Great Northern Road DERBY DE1 1LR
Registered Office
Independent Examiner
Bankers
David Patterson 16 Oldbury Close Derby DE21 2JS HSBC Bank Virgin Bank
| Contents | Page |
|---|---|
| Company Information | 1 |
| Trustees' Annual Report | 2-5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8-9 |
| Notes to the Accounts | 10-18 |
| Detailed Statement of Financial Activities with Comparatives | 19 |
Page 1
Christ Church Derby
TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The trustees, who are the charity's directors for the purposes of company law, have pleasure in submitting the Report and Accounts for the year ended 30 September 2025
Objects of the charity
Christ Church Derby is a charitable company limited by guarantee and is governed by its memorandum and articles of association dated 6th August 2010. The objects of the charity, as set out in the governing document are
a) to advance the Christian faith in accordance with the Statement of Beliefs in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time may think fit;
b) to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world as the Trustees from time to time may think fit; and
c) to advance education in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time may think fit.
The trustees note that the Church is not a building, but a gathering of ordinary people of different ages and backgrounds, whose lives have been changed by Jesus Christ, the Son of God. The New Testament reveals the Church as a community of people, properly taught and cared for, who by loving and serving Jesus Christ, were also committed to love and care for each other and to bring a blessing to the area in which they lived. Christ Church Derby; its trustees, elders and members are committed to the restoration of those New Testament principles. It is not alone in this, it is one of many Churches in the area, country and all over the world that is re-discovering the excitement of knowing Jesus Christ. The vision is to see the people of Derby and indeed the UK and to the far ends of the Earth come into this experience of knowing Jesus as their Lord, Saviour and friend.
Summary of the charity's main activities and achievements
To further the above objects and vision, the charity's main activities and achievements were as follows:
A) Sunday Services
We continued meeting at 10:45am and 6:00pm on Sundays, along with morning services on Christmas Day and Good Friday. Regular morning attendance varies between 70-100, including c25 children; evening attendance is c40, including a handful of children. We continued to welcome a notable number of new regular attenders from the local area, including internationals.
B) Midweek meetings
Every Wednesday, CCD meets together from 7.30-9pm for fellowship, prayer and study either at Great Northern Road or in homes in smaller groups called ‘Community Groups’. There are four Community Groups consisting of approximately 75% of the congregation.
Page 2
Christ Church Derby
TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
C) Events
In October 2024, we held a children’s holiday club during the half term along with a special service on the Sunday. The holiday club served a significant number of local children. In December 2024, we held an afternoon carol service event for regular attenders, guests and visitors. In February 2025, the church held a ladies ‘swap shop’ for church regulars and guests. In September 2025, the church also began a fortnightly ladies’ Bible study. Several times during the year, the church held lunches after the morning service to build community in the church and welcome guests and visitors.
D) Young people’s Work
We have continued to run our teaching and activity groups for primary and secondary aged children on Sunday mornings at 10:00am. The primary aged group delivered a gift to the local foodbank in October 2025. We have continued to run the ‘Connect’ group for secondary age young people on alternate Friday evenings.
E) Missionary Support
We continued our partnerships with Mission Partners around the World in Kosovo, Madagascar, Papua New Guinea and North Africa. In particular, the church was able to send financial support of £24,875 (2024: £0) to Trinity College in Myanmar. Trinity College, formerly known as Dai College, is an evangelical theological institution training local Christians to teach and preach the word of God. Trinity College is a Mission partner of the church and one of our Elders and Trustees has visited the college in past years and is in regular contact with the partners at the college.
F) Deacons
The deacons have continued to maintain a bank of basic food and personal items for those in immediate need, and developed an ongoing partnership with the local foodbank. They also continued the ‘Boxes of Joy’ Christmas initiative in partnership with 2 local schools, gathering and distributing Christmas foodstuffs to local families.
Future Plans
Christ Church Is looking forward to having Ben Alexander join us as Associate Minister in December 2025, with the aim of expanding our outreach and discipleship as well as growing leadership and teaching capacity. The church also intends to continue its ‘Boxes of Joy’ initiative with local schools, and it’s Christmas carol service event. In January, the church is planning to hold a parenting day in partnership with the organisation Growing Young Disciples.
The trustees are also looking to convert from a Charitable Company to a CIO as soon as possible.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Page 3
Christ Church Derby
TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Volunteers
Most of the charity's activities are undertaken by volunteers and the charity could not operate effectively without their efforts.
Structure, Governance and Management
Responsibility for making operating decisions rests with the trustees who meet regularly to monitor the activities of the charity. New trustees are recruited and appointed by the existing trustees, by a majority vote.
Joel Kendall who is a director and trustee was employed full-time as Church Minister.
Christ Church Derby is a congregation of the International Presbyterian Church and is a member of the First IPC Presbytery of the Uniter Kingdom. The International Presbyterian Church is a Reformed Church with congregations in the UK, Europe and Asia. The government of the church is Presbyterian.
Financial review
During the year income decreased by £46,264, to £148,125 and expenditure increased by £52,025, to £252,112. This is mainly due to the churches support of a church plant in Coventry in 2024 and a change in accounting policy to depreciate the church building, resulting in a higher depreciation expense this year than would normally be expected. As a result the deficit for the year increased by £98,289, to £103,987 and the charity's net assets decreased by the same amount, to £377,607.
Reserves policy
The trustees have determined that the charity should aim to hold unrestricted cash of no less than £30,000 (which equates to about 3 months' of unrestricted expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £71,206 and the charity is complying with its reserves policy.
Going concern
After reviewing the Church budget, the Trustees have a reasonable expectation that the Charitable Company has adequate resources to continue in operational existence for the foreseeable future.
Key risks and uncertainties
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
Page 4
Christ Church Derby
TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Responsibilities of trustees under company law
The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether the applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements; and
- prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approval
This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the trustees and signed on their behalf by:
Timothy John Houghton (Apr 21, 2026 12:28:53 GMT+1) _______ Timothy Houghton Director and Trustee Apr 21, 2026 Date: _______
Page 5
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
Christ Church Derby ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2025 on pages 7 to 19 following, which have been prepared on the basis of the accounting policies set out on pages 10 to 18.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
David Patterson
David Patterson (Apr 25, 2026 15:51:22 GMT+1)
David Patterson
Date: Apr 25, 2026
Page 6
Christ Church Derby
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
| Note INCOME AND ENDOWMENTS FROM: Donations 3 Other income 4 Total income and endowments EXPENDITURE ON: Charitable activities 5 Total expenditure Net income/(expenditure) Transfers between funds 14 Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 14 |
Unrestricted Funds £ 130,568 1,495 132,062 164,237 164,237 (32,175) - (32,175) (32,175) 450,219 418,044 |
Restricted Funds £ 16,063 - 16,063 32,875 32,875 (16,813) - (16,813) (16,813) 31,375 14,563 |
Total Funds 2025 £ 146,630 1,495 148,125 197,112 197,112 (48,987) - (48,987) (48,987) 481,594 432,607 |
Total Funds 2024 £ 187,884 6,504 194,388 200,087 200,087 (5,698) - (5,698) (5,698) 487,292 481,594 |
|---|---|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing operations. Total Funds 2024 have been restated from the prior year. See note 17 for further details. The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.
The notes on page 10-18 form part of these accounts.
Page 7
Christ Church Derby
BALANCE SHEET
AS AT 30 SEPTEMBER 2025
| Note FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank and in hand 9 CREDITORS: Amounts falling due within one year 10 Net current assets / (liabilities) Total assets less current liabilities CREDITORS: Amounts falling due 11 after more than one year Net assets / (liabilities) excluding pension asset / (liability) TOTAL NET ASSETS FUND BALANCES 14 Unrestricted Funds General funds Restricted Funds |
Unrestricted Funds £ 493,140 493,140 1,909 71,206 73,115 (6,657) 66,458 559,598 (141,553) 418,044 418,044 418,044 - 418,044 |
Restricted Funds £ - - - 14,563 14,563 - 14,563 14,563 - 14,563 14,563 - 14,563 14,563 |
Total Funds 2025 £ 493,140 493,140 1,909 85,768 87,677 (6,657) 81,020 574,160 (141,553) 432,607 432,607 418,044 14,563 432,607 |
Total Funds 2024 £ 547,675 547,675 - 87,235 87,235 (5,425) 81,809 629,484 (147,890) 481,594 481,594 450,219 31,375 481,594 |
|---|---|---|---|---|
Page 8
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.
The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities for:
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(a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its net income or expenditure for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the Board of Directors and were signed on its behalf by:
Timothy John Houghton (Apr 21, 2026 12:28:53 GMT+1) --------------------------------------Timothy Houghton Apr 21, 2026 Date: _______
Company number: 7338676 Charity number: 1140038
The notes on page 10-18 form part of these accounts.
Page 9
Christ Church Derby
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1 Statutory Information
The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.
2 Accounting Policies
These financial statements are prepared on a going concern basis, under the historical cost convention.
These 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 (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.
The principles adopted in the preparation of the financial statements are set out below.
a) Going concern
The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
b) Income
Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
Income from donations includes:
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i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.
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ii) Donated facilities, services and goods. Goods donated for distribution to beneficiaries are recognised as income when receivable at fair value (being an estimate of the amount it would cost to purchase those items). Facilities, services and goods donated for the charity's own use are recognised as income when receivable at their value to the charity.
The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.
When donated goods, services and facilities are distributed or consumed, an expense in respect of those items is included in the Statement of Financial Activities. At the year end any goods that have not been distributed or consumed are recognised as stock; donated fixed assets are capitalised.
- iii) Legacies. Income from legacies is recognised when a distribution is received from the estate or, if earlier, when the charity has been notified that a distribution will be made and the amount receivable can be measured reliably.
Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects.
Income from other trading activities represents income receivable from activities undertaken to generate funds for the charity.
Investment income represents income generated by the charity's assets and includes income from letting the charity's property and bank interest.
Page 10
Christ Church Derby
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
c) Expenditure
Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.
The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.
Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.
d) Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
e) Tangible fixed assets
Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £2,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:
Freehold buildings Over 50 years after taking account of the building's residual value Equipment Over 3 to 7 years
The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.
f) Pension scheme arrangements
The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.
g) Taxation
The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.
h) Financial instruments
The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).
i) Exemption from preparing a cashflow statement
The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.
j) Critical accounting estimates and areas of judgement The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.
Page 11
Christ Church Derby
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
3 Donations
| Donations of cash Grant Gift aid recoverable 4 Other income Church Weekend Away Bank Interest 5 Charitable expenditure a Costs incurred directly on specific activities Staff Costs Utilities Premises Costs Mortgage Interest Ministry Costs Weekend Away Depreciation Grants payable (note 5c) b Costs incurred on support & administration Governance costs Independent examiner's fee Administation Insurance Total expenditure |
2025 £ 117,472 - 29,158 146,630 2025 £ - 1,495 1,495 2025 £ 57,371 4,544 3,277 12,423 5,572 - 54,535 137,722 56,120 - - 1,820 1,450 3,270 197,112 |
2024 £ 116,354 35,000 36,531 187,884 2024 £ 4,940 1,564 6,504 2024 £ 92,664 6,313 1,646 13,966 4,956 7,112 - 126,657 50,211 200 200 21,604 1,415 23,219 200,087 |
|---|---|---|
The fee payable to the independent examiner for preparing and examining the accounts was £0 (2024: £200);
Page 12
Christ Church Derby
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
c Grants payable
| Grants for UK and overseas mission Grants for education, including ministry training The comparatives for the previous year are as follows: Grants for UK and overseas mission Grants for education, including ministry training The charity's principal grants to institutions comprised: Trinity College, Myanmar Grace Church Coventry Serving in Mission Frontiers Pioneers Missionary Aviation fellowship Rotherham Evangelical Church International Presbyterian Church Grants to institutions for less than £1,000 each |
Institutions £ 53,370 2,750 56,120 Institutions £ 47,611 2,600 50,211 |
Individuals £ - - - Individuals £ - - - 2025 £ 25,195 10,000 1,960 1,300 1,250 1,275 2,750 11,500 890 56,120 |
2025 £ 53,370 2,750 56,120 2024 £ 47,611 2,600 50,211 2024 £ - 33,011 1,850 1,230 1,120 1,200 2,600 8,000 1,200 50,211 |
|---|---|---|---|
6 Analysis of staff costs, the cost of key management personnel and trustee remuneration
The average monthly number of employees during the year was 2 (2024: 3). Most of the charity's activities are carried out by volunteers.
No staff received salaries at a rate of more than £60,000 per annum.
The charity's key management comprise the trustees. Total employment benefits payable to key management for the year were as follows:
| Other Employer Wages & employment pension salaries benefits contributions Trustees: Rev. Joel kendall 45,614 3,645 following amounts were payable in the previous year: Other Employer Wages & employment pension salaries benefits contributions Trustees: Rev. Joel kendall 44,420 3,562 |
2025 £ 49,260 49,260 2024 £ 47,982 47,982 |
|---|---|
The following amounts were payable in the previous year:
Joel Kendall served as church leader and received the above payments for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.
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Christ Church Derby
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
7 Tangible fixed assets
| Cost At 30 September 2024 At 30 September 2025 Accumulated depreciation At 30 September 2024 Charge for the year At 30 September 2025 Net book value At 30 September 2025 At 30 September 2024 |
Freehold Property £ 547,675 547,675 - 54,535 54,535 493,140 547,675 |
Total 2025 £ 547,675 547,675 - 54,535 54,535 493,140 547,675 |
|---|---|---|
Previously, freehold property was not depreciated. Following a review during the year, the trustees determined that the value of the church building should be depreciated over a 50 year period leaving a residual value of £275,000. In accordance with FRS 102 section 10, this change is accounted for prospectively. Prior year comparatives have not been restated. The effect of this change on the current period results an increase in depreciation charge for the year of £54,535 (10 years). The Freehold property was purchased at £275,000 in 2014, prior to substantial works which have been included at cost The trustees have not had the property re-valued.
8 Debtors
| Falling due within one year: Gift aid recoverable h at Bank and in Hand Cash at bank itors: liabilities falling due within one year Accruals Mortgage Loan itors: amounts falling due after more than one year Mortgage Loan |
2025 £ 1,909 1,909 2025 £ 85,768 85,768 2025 £ 320 6,337 6,657 2025 £ 141,553 141,553 |
2024 £ - - 2024 £ 87,235 87,235 2024 £ - 5,425 5,425 2024 £ 147,890 147,890 |
|---|---|---|
9 Cash at Bank and in Hand
10 Creditors: liabilities falling due within one year
11 Creditors: amounts falling due after more than one year
Page 14
Christ Church Derby
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
12 Loans and finance leases
The liabilities for loans, finance leases and concessionary loans referred to in notes 10 and 11 fall due for repayment as follows:
| Repayable: Within one year Between one and five years After five years |
Otherwise than by instalments - - - - |
By instalments 6,337 30,995 110,558 147,890 |
2025 2024 £ £ 6,337 5,425 30,995 28,694 110,558 119,196 147,890 153,316 Mortgage loan |
|---|---|---|---|
The morgage loan referred to in the above notes is secured on the church building on Great Northern Road, Derby with a carrying value of £438,140 (2024: £547,675) by way of a fixed and floating charge on the charity's assets. Interest is payable at a variable rate, which at the balance sheet date was 7.50% (2024: 8.50%). The loan is being repaid in monthly instalments and must be repaid in full by November 2039.
13 Pension commitments
During the year employer’s pension contributions totalling £3,645 (2024: £6,498) were payable to defined contribution personal pension schemes. No pension contributions were owing at the balance sheet date (2024: £nil)
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Christ Church Derby
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
14 Funds
During the year the movements in the charity's funds were as follows:
| General Unrestricted Funds Total Unrestricted Funds Restricted Funds Additional Minister Grace Church Coventry Trinity College , Myanmar Aggregate of funds |
Opening balance 2025 £ 450,219 450,219 - 10,000 21,375 31,375 481,594 |
Incoming resources 2025 £ 132,062 132,062 16,063 16,063 148,125 |
Outgoing resources 2025 £ (164,237) (164,237) (1,500) (10,000) (21,375) (32,875) (197,112) |
Transfers in the year 2025 £ - - - - |
Gains and losses 2025 £ - - - |
Closing balance 2025 £ 418,044 418,044 14,563 - - 14,563 432,607 |
|---|---|---|---|---|---|---|
Analysis of net assets by fund
The assets and liabilities of the various funds were as follows:
| Tangible fixed assets Debtors Cash at bank and in hand Creditors falling due within one year Creditors falling due after one year |
General Designated funds funds £ £ 493,140 1,909 71,206 - (6,657) (141,553) 418,044 - Unrestricted Funds |
Restricted funds £ 14,563 14,563 |
2025 £ 493,140 1,909 85,768 (6,657) (141,553) 432,607 |
|---|---|---|---|
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Christ Church Derby
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
In the previous year the movements in the charity's funds were as follows:
| General Unrestricted Funds Total Unrestricted Funds Restricted Funds Additional Minister Grace Church Coventry Trinity College , Myanmar Aggregate of funds |
Opening balance 2024 £ 445,917 445,917 20,000 - 21,375 41,375 487,292 |
Incoming resources 2024 £ 143,934 143,934 - 50,454 - 50,454 194,388 |
Outgoing resources 2024 £ (129,633) (129,633) (20,000) (50,454) - (70,454) (200,087) |
Transfers in the year 2024 £ (10,000) (10,000) - 10,000 - 10,000 - |
Gains and losses 2024 £ - - - - - - - |
Closing balance 2024 £ 450,219 450,219 - 10,000 21,375 31,375 481,594 |
|---|---|---|---|---|---|---|
Analysis of net assets by fund
In the previous year, the assets and liabilities of the various funds were as follows:
| Tangible fixed assets Debtors Cash at bank and in hand Creditors falling due within one year Creditors falling due after one year |
General Designated funds funds £ £ 547,675 - 55,860 - (5,425) (147,890) 450,219 - Unrestricted Funds |
Restricted funds £ 31,375 31,375 |
2024 £ 547,675 - 87,235 (5,425) (147,890) 481,594 |
|---|---|---|---|
The Grace Church Coventry restricted fund was for money set aside to support the new church plant in Coventry The Trinity College, Myanmar fund was for Money set aside to support the work of Trinity College in Myanmar The Additional Minister restricted fund is to enable the church to save funds towards employing an additional minister in the future
Page 17
Christ Church Derby
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
15 Transactions with related parties
During the year the charity:
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a) received donations totalling £16,124 (2024: £15,664) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).
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b) paid expenses totalling £1,756 (2024: £225) to trustees for travel and accomodation costs for attending Presbytery whilst carrying out duties associated with being trustees; reimbursements for expenses incurred when acting as agent for the charity or incurred when undertaking employment duties not connected with serving as a trustee are not included in this disclosure.
16 Members
Each member of the company commits to contribute if the charity is wound up an amount of £1.
17 Reconciliation with previously reported funds
During the year the charity realised that funds for the previous year (2024) had been classified as agency funds but these should have been classified as the charity's income and expenditure. The comparatives presented in these accounts have been re-stated to adjust for the reclassification of the charity's income and expenditure. The reserves are unaffected and a reconciliation with the results reported previously follows:
Reconciliation of results
| Previously reported income results Adjustments arising from funds previously reported as agency: Income Re-stated results Previously reported expenditure results Adjustments arising from funds previously reported as agency: expenditure Re-stated results |
2024 £ 154,448 39,940 194,388 160,147 39,940 200,087 |
|---|---|
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Christ Church Derby
DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES
FOR THE YEAR ENDED 30 SEPTEMBER 2025
| Note INCOME AND ENDOWMENTS FROM: Donations 3 Other income 4 Total income and endowments EXPENDITURE ON: Charitable activities: 5 Total Expenditure Net income/(expenditure) Transfers between funds 14 Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 14 |
General Restricted 2025 2025 £ £ 130,568 16,063 1,495 - 132,062 16,063 164,237 32,875 164,237 32,875 (32,175) (16,813) - - (32,175) (16,813) 450,219 31,375 418,044 14,563 Unrestricted funds |
Total 2025 £ 146,630 1,495 148,125 197,112 197,112 (48,987) - (48,987) 481,594 432,607 |
General Restricted 2024 2024 £ £ 137,430 50,454 6,504 - 143,934 50,454 129,633 70,454 129,633 70,454 14,302 (20,000) (10,000) 10,000 4,302 (10,000) 445,917 41,375 450,219 31,375 Unrestricted funds |
Total 2024 £ 187,884 6,504 194,388 200,087 200,087 (5,698) - (5,698) 487,292 481,594 |
||
|---|---|---|---|---|---|---|
| General 2025 £ 130,568 1,495 132,062 164,237 164,237 (32,175) - (32,175) 450,219 418,044 |
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