2023-08-31-accounts - The Crossing Church (Methodist & United Reformed)

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Rfjg1slw Charity Number 11405CK* THE CROSSING CHURCH REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 CONTENTS Reporl ol ts Churth COW 1-12 IndeFendenl Examlngfs ReFort 13 Statement of Financr81 Acllvitl86 2022 14 Statement of Fknèneial AKliwEies 2021 15 Balan Sheet 46 Note5 formlTrJ part ofth¢ fnODcIg1 slatqmvjnts 17-24 PrcParl b!. Williams Knowles & Co. ChartLrcd .,ILC()untants

Registered	Registered	number: 1140500
Principal	address:	Newcastle Street,	Worksop,		Nottinghamshire,		$80 2AT
Independent		N M Knowles ACA,		Williams	Knowles &Co
Examiner:		Lloyd Chambers,	139Carlton Road, Worksop,				S81 7AD
Solicitors:		Andrew &Co
		St Swithin's Square,		Lincoln, LN2 1HB
Bankers:		Lloyds Bank
		CAF Bank Limited
		Central Finance Board ofthe Methodist				Church
Minister:		Rev Julie Coates
Treasurer:		Annette Westerby
Church	Council:	Deacon Emily Hoe-Crook
		Annette Barker
		iris Franks
		Bob Heathcote
		Anne Taylor
		Griff Wynne			Passed away November 2022
		Kath Jordan			Appointed	March 2023
		Richard Peake			Appointed	March 2023
		Margaret Merrils			Appointed	March 2023

Statement ofFinancial Activities (SOFA)	Statement ofFinancial Activities (SOFA)	Statement ofFinancial Activities (SOFA)	Statement ofFinancial Activities (SOFA)	Statement ofFinancial Activities (SOFA)	for the year ended 31August 2023	for the year ended 31August 2023	for the year ended 31August 2023
				Notes	General Fund	Designated	Restricted	Endowment	Total	Total
					Unrestricted	Funds	Funds	Funds	2022-23	2021-22
						Unrestricted
Income
1	Offerings				26,190				28,190	28,640
2	Donations@Grants			4a	52,382		2,603		54,985	12,948
3	Giftaid				7,440				7,440	8,861
4	Interest and investment	income			1,073		512		1,585	377
5	Income from investment	properties
6	Internal organisations
7	Other charitable income			4b	86,648	154	3,277		90,079	68,929
8Total income					175,733	154	6,392		182279	119,555
Expenditure
9	Circuit assessment or share				30,900				30,900	30,900
10	Grants and donations
11	Property maintenance				34,605				34,605	27,756
12	Insurance, utilities etc				28,829		360		29,189	19,116
13Depreciation					19,677				19,677	20,161
14 15	Office expenses Other expenditure				5,838 47,477	329	732		5,838 48,538	5,537 37,556
16	Internal organisations
17	Total charitable expenditure				167,326	329	1,092	-	168,747	141,026
18	Gains/(losses) on monetary		investments							(482)
19	Gains/(losses) on investment			properties
20	Net income/(expenditure)				8,407	(175)	5,300		13,532	(21,953)
21	Transfers between funds				(1,600)		1,600
22	Other gains/(losses)
23	Net movement in funds	for		the year	6,807	(175)	6,900	-	13,532	(21,953)
24 Total funds brought forward					1,611,543	230	17,760	-	1,629,533	1,651,486
25Total funds carried forward					1,618350	55	24,660	-	1,643,065	1,629,533

THE CROSSING CHURCH	THE CROSSING CHURCH	THE CROSSING CHURCH	THE CROSSING CHURCH		Circuit no: 25 no 19	Circuit no: 25 no 19
Statement of Financial Activities (SOFA)				for the year	ended 31August 2022
			Notes	General	Designated	Restricted	Endowment		Total	Total
				Fund	Funds	Funds	Funds		2021-22	2020-21
				Unrestricted	Unrestricted
Income
1	Offerings			28,640					28,640	32,640
2	Donations &Grants		4a	10,596		2,352			12,948	17,726
3	Giftaid			8,661					8,661	9,670
4	Interest and investment	income		183		58	136		377	226
5	Income from investment	properties
6	Internal organisations									425
7	Other charitable income		4b	68,540	80	309			68,929	37,775
8Total income				116,620	80	2,719	136		119555	98,462
Expenditure
9	Circuit assessment orshare			30,900					30,900	35,015
10Grants and donations										15,728
11	Property maintenance			17,839		9,917			27,756	25,750
12Insurance, utilities etc 13Depreciation				19,116 20,161					19,116 20,161	16,027 20,860
14	Office expenses			5,537					5,537	4,651
15	Other expenditure			36,494	367	662		33	37,556	24,130
16	Internal organisations
17Total charitable expenditure				130047	367	10579		33	141,026	142161
18 19	Gains/(losses) on monetary Gains/(losses) on investment		investments properties				(482)		(482)	1,288
20	Net income/(expenditure)			(13,427)	(287)	(7,860)	(379)		(21,953)	(42,411)
21	Transfers between funds			1,137		10,428	(11,565)
22	Other gains/(losses)
23	Net movement in funds	forthe year		(12,290)	(287)	2,568	(11,944)		(21,953)	(42,411)
24 Total funds brought forward				1,623,833	517	15,192	11,944		1,651,486	1,693,897
25Total funds carried forward				1,611,543	230	17,760	-		1,629,533	1,651,486

			Balance Sheet	as at 31August	2023
			General Fund	Designated	Restricted	Endowment	Totals 2023	Totals 2022
			(Unrestricted)	Funds	Funds	Funds
				(Unrestricted)
		Notes
Fixed Assets
Church buildin and other	ro e	12	1 548099				1,548,099	1,567,776
Investment ro rties
Investments		13
Total fixed	assets		1,548,099				1,548,099	1,567,776
Current Assets
Debtors and re a ments		14	12,407				12,407	17706
Loans b the Churches
Investments with TMCP
Central Finance Board Deposits		15
			67,477		24,660		92,137	57,151
Cash at Bank and in hand Total, curren&essets		" 15	14,671	55			14,726 =158vt79	12,425 '87 282
Current liabilities
Creditors due inunder1	ear	16	3,402				3,402	3423
Grants a ble within 2021-22
Tote) curient fiabilrtieK			3,402 '
Net current assetslliabilities			91,153	55	24,660		115868	83859
Total aisets less curtent
liabi 'ties			1,639,252	55	24,660		1,663,967	1,851,835
Long term liabilities
due after more than one	year)
Grants a able after 2021-22
Loans to the Church			20,902				20,902	22,102
Net	assets		1,618,350	55			43,065	1,629,533
Funds ofthe Church
General Fund Unrestricted		18	1,618,350				1,618,350	1,611,543
Desi nated Funds Unrestricted				55			55	230
Total Unrestricted	Funds						1,618,405	1611773
Restricted Funds					24,660		24660	17,760
Endowment Funds
Total	Funds		1,618,350	55	24,660		1,643,065	1,629,533.

4a. Donations &grants	4a. Donations &grants		Unrestricted	Restricted	2023	2022
					Total	Total
			E			6
Donations &gifts			10,861	2,103	12,964	10,448
Legacies			39,426		39,426
Grants
Notts County	Council- Re energy		1,785		1,785	2,500
URC- Re energy			310		310
Methodist District - Warm spaces				500	500
			52,382	2,603	54,985	12,948
4b. Other charitable	income
Fund raising			5,042		5,042	309
Lettings			55,041		55,041	52,096
Other			6,995		6,995	16,444
Transfer from The	Crossing SEC Ltd		8,256	3,277	11,533
Flower fund (designated)			154		154	80
Seated exercise			3,597		3,597
Oaf&			7,717		7,717
			86,802	3,277	90,079	68,929
5. Property maintenance
Service contracts			6,099		6,099	10,234
Repairs and renewals			22,619		22,619	12,717
Cleaning equipment		&services	3,013		3,013	2,416
Window cleaning			438		438	312
Business waste			2,436		2,436	2,077
			34,605		34,605	27,756
6. Insurance, utilities etc
Light &heat			22,958	360	23,318	14,303
Insurance			4,399		4,399	4,157
Water rates			826		826	135
General rates			646		646	521
			28,829	360	29,189	19,116

7. Office expenditure	7. Office expenditure
Telephone			3,427		3,427	2,813
Stationery &postage			82		82	10
Printing expenses			2,329		2,329	2,714
			5,838		5,838	5,537
8. Other expenditure		Unrestricted	Restricted	Endowment	2023	2022
					Total	Total
					6
Service expenses		797			797	491
Sundries		1,081	132		1,213	1,287
Bank charges &interest		272			272	149
FOTC fundraising	costs	240			240	1,303
Accountancy		1,939			1,939	2,166
Card sales		548			548	513
Cafe		1,767	23		1,790	3,172
Licences		493			493	319
IT &Equipment		1,727	577		2,304	2,777
Administration wages		11,589			11,589	4,900
Caretakers wages		21,264			21,264	18,006
Donations to external organisations		2,031			2,031	2,106
Seated exercise		3,225			3,225
Training		504			504
Flower fund (designated)		329			329	367
		47,806	732		48,538	37,556

Previously the Church	did not directly employ	did not directly employ	staff,	amounts	amounts	were paid to The Crossing	were paid to The Crossing	were paid to The Crossing	were paid to The Crossing	SEC
Limited in respect of management		and administration,			caretaking		and	cleaning.
During the current year staff have		been transferred		to	be directly		employed		by The Crossing Church.
Gross wages, salaries	and benefits	in kind								32,853	23,615
The average number ofemployees		engaged	by the	charity		amounted		to 3	(2022 - 3).
12.Tangible Fixed Assets									Church	Fixtures
									Building	fittings &
										equipment	Totals
										E	E
COST
At 1 September 2022									1,836,164	110,572	1,946,736
Additions
Disposals
At 31August 2023									1,836,164	110,572	1,946,736
ACCUMULATED DEPRECIATION
At 1 September 2022									275,400	103,560	378,960
Charge for the year									18,360	1,317	19,677
On disposals
At 31 August 2023									293,760	104,877	398,637
NET BOOK VALUE
At 31August 2023									1,542,404	5,695	1,548,099
At 31 August 2022									1,560,764	7,012	1,567,776

						2023	2022
						Total	Total
							f
Market value	brought		forward				11,944
Add: additions	to investments				at cost
Less: disposal	at carrying			value			(11,462)
Net gain/(loss)	on	revaluation					(482)
						2023	2022
14.Debtors &prepayments						Total	Total
						8	f
Debtors from	lettings					5,762	10,096
Gift aid receivable						2,500	3,000
Other debtors							675
Prepaid circuit	assessment					2,575	2,575
Other prepayments						1,570	1,360
						12,407	17,706
15.Cash at bank	and	in	hand
Bank balance	held	in	CFB			92,137	57,151
Bank balance	held	in	CAF			14,644	12,336
Cash						82	89
Total						106,863	69,576
16.Creditors: Amounts			falling		due within one year
Trade creditors							64
Accruals						3,402	3,359
Other creditors
						3,402	3,423

18.Analysis offunds	18.Analysis offunds	Opening					Closing
		balance	Income	Expenditure	Transfers	Revaluation	balance
		8	8	8	E
Restricted funds
Designated gifts		1,397	47	(127)			1,317
Benevolence		91	3
Church reserve		12,301	459		1,600		14,360
Music		90	3				93
Singing with dementia		1,008	504				1,512
YMCA project		1,254	1,000	(120)			2,134
Youth &Children	TMCP 1579	1,619					1,619
Warm spaces			4,376	(845)			3,531
		17,760	6,392	(1,092)	1,600		24,660
Unrestricted funds
General reserve		1,611,543	175,733	(167,326)	(1,600)		1,618,350
Flower fund		230	154	(329)			55
		1,611,773	175„887	(167,655)	(1,600)		1,618,405
Total funds		1,629,533	182,279	(168,747)			1,643,065

		General fund	Designated	Restricted	Total	Total
		unrestricted	funds	funds	2023	2022
			K	E
Fixed Assets		1,548,099			1,548,099	1,567,776
Current	assets	94,555	55	24,660	119,270	87,282
Current	liabilities	(3,402)			(3,402)	(3,423)
Long term liabilities		(20,902)			(20,902)	(22,102)
		1,618,350	55	24,660	1,643,065	1,629,533