.H. CHRISTIAN WORKERS. TRUST
{A Charitable Company Limlted by Guarant991
Trustees Report and Financial Statements
For the Year ended 31 Deceml)er 2024
Unaudited
(but Independently Examined)
Company Number 7657532
Charity Number 1142493

B.H. CHRISTIAN WORKERS) TRUST
Charity Number 1142493
Company Number 7657532
{A Ch4ri¢able cOm￿nY Limited by Gw4T8ntse)
Report and Financial Statements for the Year Ended 31 December 2024
Contents
Pago:
Officials and Statutory Informat*Jn
Report of the Trustees
Stslement of Trustees. Responsibilitses
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
Cash Flows
10 Notes to the Accounts
DlrectoJ¥ l Trustees:
The Trustees who have acted throughout the year and to the date of th￿ ￿pOrt are.'-
Appointsd:
Mr J. E. Puttock (Chairman & Company Secrelaryl
Mr D. E. Bawtree,
Mrs J. K. Champ,
Mr T. Cristin, (Re-appointed 16#1 June 2024)
Ex41ffklo:
The Reverend Dr. N.J.C. Tucker W￿ar. Bishop Hannington Church.
Nomlnated
Mrs L R Bubloz Bishop Hannington Church, PCC *Vomin88. (Reswned 215t May 2024)
Mr l J R. Crosthwaite Bishop Hannington Churrh, PCC Non7inee (Appointed 1&hSeptember2024)
Tr&￿￿rer.
Mr l J R Crosthwaite.
Registsrod offKo:
Bishop Hannirvjton Church Office, Nevill Avenue, Hove, E Sussex. BN3 7NH.
Company No:
7657532
Charity No:
1142493
Independent Examiner:
Mr G M Andetson,
64 Buckingham Road Shoreham by Sea BN43 SUD.
Principal Bankevs:
a4F Bank Limited. 25 Kings Hill Avenue, West Mallirvj, Kent ME19 4TA.

.H. CHRISTIAN WORKERS, TRUST
Charity Number 1142493
Company Number 7657532
(A Charitsble Company Limited by Cuarallt¢¢)
Report of the Truste•s for the Year Ended 31 December 2024
The Trustees (who are also the Company dIr￿t9[SI present their annual report together with the financial
stateThnts for the year ended 31 Decèmber 2024.
StNACture, Gov?mance and Managomont
The Company is a charitable company limrted by guaranlee registered in England & Wales. The Company is
the successor body to the original charity founded in February 1988 and commenced rts aclivits'es on 1
January 2012. It is registered with the Charity Commission for England and Wales.
The number of Truslees shall be nol ￿$$ than three and not more than eighL TTUStees are appointed for a
pertC*J of fve years and are eligible for re-appointment. The current Trustees are due to retire as follows.. Don
BavAree on 3 November 2026, Jane Champ on 31 May 2027, John Puttock on 31 May 2028, T￿vor Cristin
on 16 June 2029. and lan Crosthwaite on 15 September 2029. The Trustees shall consist of a) a Ferson
nominated by the Parochial Church Council I'the PCC") of Bishop Hannington Memorial Church, Hove,
{°BH'I, (lan Crosthwailel, bl a person nominated by the Churchwardens of BH, (the Churchwardens have
chosen not to nominate a person at this b'mel, c) the Vicar, Priest in charge or the incumbent of any new
benefice which includes the whole or part of the present benefi¢e, (Nick Tucker), and dl person{s) nominated
by an existing member. All Trustees must be on the electoral roll of BH and subscribe to the Statement of
Faith in the schedule of the Memorandum and Articks ofAssociation.
The Company is limited by guarantee and hence no shares have been isSL￿. Each Trustee is also a
mber of the Company and there are no other member5. In the event of the Company being wound up or
othe￿ise dissotved, the liability of the members by way of guarantee is limrted under Clauses 6 and 7 of the
Memorandum of Asscn"ation to an amount not exceeding £1 each.
The Chairrnan and the Treasurer handle the day-to-day administration of the Company. The Trustees met
three times during the year to review the Company's activities, financial statements and issues relating to the
employee. Management Accounts afe circulated to the Trustee5 monthly and other reports are circulated to
the Ttustees necessary betsveen meetings.
Objects and Principal Acllvlties for the Publlc B•nofit
The objects of the Company, which a￿ set out in the Artlcles of Assxiation, are the advancement of the
Christs'an faith which is achieved by the raising of funds for the employment of Christian worker5 primarily
wilhin the Parish of BH. A small number of the gifts to the Company are provided by the members of BH but
most of its income now arises from its properties. An agreed propoTtion of this irtcome is transferred lo BH
SFecifi¢ally to assist with the funding of its employment costs under a Memorandum of Understsnding
entered into belween the Company and the PCC in October 2022 Ithe"MoU"I.
The Company owns three properties. 40 Meadway Crescent is let at below market rent and subject to certain
special terms as agreed at the time of transfeT to the Company but nevertheless provides a very welcome
source of income. 86 Elm Drive is usèd for the advancement of the Chrislian Religion by providing premises
for BcK*s AINe, a Christian Bookshop, and 47 Nevill Avenue did provide awmmodation for one of the
ordained ministers of BH and his family but has been temporarily let commercially pending the appointment
ofa new ordained minister who will then 0￿UpY this propety.
The Trustees have referred to tho Charity Commisson's general guldance on Publ￿ benefrt wheft revrewing
the Company's aims and objectiv8s and in planning its ftjture activities. The charitable activities during the
year have been similar to those in prior years and primarily relate to the asSiStsn￿ provided to the staff of
BH arKJ Éts sister churches in supporting the ministy. administration and other support services. That will
continue for the sole remaining employee, bul the Company will still raise funds to assist funding of the
continuing employment of the staff employed ty the PCC. The a(*iviti'es of BH and its Parish, as part of the
Church of England, are available to all those of whatew8r background who wish to attend and participate in
Its services and activities.

B.H. CHRISTIAN WORKERS, TRUST
Charity Number 1142493
Company Number 7657532
{A Ch*ritable Company Limited by Gu*ra#tee)
Report of the Tru8ts68 for the Year Ended 31 December 2024 {contlnuedl
AChIeven￿ts and Perf•)miance for the Publlc Ben&fit
Policy on Reserves and Powers of Inveslment
Athough the Memorandum and Articles of A5SCtiatKsn give the Trustees unrestricted powers of investment,
no Such investments are currently held. kn already indicated above, the Trustees have exercised their
powers to own propety. both to house Christian workefs and to provide income to the Company.
Financlal Review
As advised previousty, the Company's actwities changed qutte dramaticalty effective from 1st October 2022,
when all but one of its staff were °TUPE'd" across to BH to become diieclly employed by the PCC. The
Company's regular donors were asked to switch their giving to the new PCC account especialty opened to
coltecl the income dedicated for the employment costs. The Company's total Income during 2024 was
£87,0791£104,843 in 20231. That is £17,764 down on last year which is due to the loss of rentsl income of
£8,835 on 47 Nevill Avenue wh￿h was vacanl for 6 months and the inclusion last year of the legacy of
£10,000. Gift-aid enabled the Company to reclaim £1,3691£2.753 in 2023). This is valuable income but less
Signfficant now as much less eligible itKome is T￿e1Ved by the Company.
The annual rental income from the three properties totalled £36,157 (2023 £42.792). The rent paid by Books
Alive was reviewed towards the end of 2024 such that effectNe from January 2025 it increased by £1.750 10
a new passing rent of £15.OOOpa for another five-year temi. The Company received £13.250 in 2024. The
Independent professional valuation of that property lo review the rental value revealed that the Company
should ￿￿Ce the valLtation of the property by £45,000 to £175,000. The Company increased the rent on 47
Nevill Avenue by 2.5% from January 2024 for the first three months while the property was still occupied by
the Curate and his family. After they moved out in April the propety was vacant until September when the
Company obtained an Assured Shorthold Tenancy on commercial terms. The rent payable on 40 Meadway
was increased from £800pm to £1,190pm in August after several years of no increases at all.
Total expenditure at £89,001 (£89.686 in 20231 was down £685. The bulk of this yea￿$ expenditure relates
to the transler of an agreed proporbon of the rents and other income to the PCC under the Mou specifically
to assist with the funding of the employment costs taken on by the PCC. Last year's transfer included the
legacy of £10,000. This year there was increased expendi￿re on Nevill Avenue to prepare the propety for
letbng. The Company male a def￿1t of £1,922 this year (£15,157 surplus in 20231.
The unrestricted net current assets at the year-end stand at £24.250 (£26,172 in 2023}. The Trustees are
forecasting a break-even situation going forw3rd because the one remaining employee is fvlly fvnded by
Goldstone church and the Company is in receipt of rental income of £4.101 per month currenuy.
Risk Management
The followir#J have been identrfEd by the Trustees as wtentsal risks to Ihe Company:
The reserves are insufficient to meet repair costs to the properties (ywned by the Company. In the
event of these circumstances the Trustees would initialty temporarity cease lo make grants to the
PCC, followed by a review of the possibilty of the PCC making an additional grant to the Company,
or finding other exlemal funding such as launching an appeal.
A major fire, or other serious damage, to one of the properties owned by the Company.
properlies owned by the Company are insU￿d.
Lack of compliance with HMRC, Charity Commission and Companies House regulats'ons. Legal
advice and our independent examiners along with appropriate seminars for Trustees seek lo ensure
hjll ¢oryliance.
An ernployee (past or present) tsking the Company to a tribunal in relation to a dispute. The
Company seeks to follow gocKI employment practices armj to deal with any issue in a prompt and
appropriate manner.

B.H. CHRISTIAN WORKERS, TRUST
Charity Number 1142493
Company Nun)ber 7657532
(A Cbaritlble Company Limited by GuaraDtee)
Report of the Tru8te8s for the Year Ended 31 December 2024 Iconllnued)
R4$k Management l¢ontinuedl
The Trustees receive a monthly copy of the managemènt accounts and a fvll financial report at every
meeting. The Company's a￿Unts and records are scrulinised ty the Independent Examiner annually.
Reserves Policy
The TnJstees have considered the level of Teserves that it would be prudent to malnlain against potential Iosg
of income and consmler that £20,000 would be a prudent amount to be provjded from the balance ol the
Unrestrteted Fund plus a further £1,000 each year to cover additional maintenance ￿quIrernents to the
propety at 47, Nevill Avenue every four years, next due in 2028.
Future Plans
The Company will continue to support the salaries Of the staff now employed by the PCC primarity from its
rental income and any other inu)me that is received by the Company. As previously advised one employee
has remained with the Company and will continue to be fijnded by Goldstone church. All staff, however
employed, will continue to Work in association with BH and fits sister churches and seek to advance the
Christian farth.
Con¢lu8ion
The Trustees would like to express their appreC￿tIOn to all who have so generously supported Ihe work of
the Company by their prayers and glfts over many years, and lo all the employees, past and present for their
unstinting work in fvrthering the Conwarry's objective of advancing the Christian faith.
This report has been prepared in accordanre with the provisions applicable to companies subject to the
small companies. regime.
By Order of Ihe Board
J E Puttock
Dlrector
Date:
2025

ILH. CHIUSTIAN WORKERS. TRUST
(A Charitsbk CompaTry Limlled by Guar4n¢¢¢)
Charity Number 1142493
Company Number 7657532
statemgnt of Trustees, Responsibilitie8 for the Year Ended 31 Dgc•mber 2024
The Trustees are responsible for preparing the annual report and the financial ststements of the Company in
a{j￿rdanCe with the Companies Act 2006 and for being satisfied that the financial statements give a true and
fair view. The Tnjstees are also responsible for preparing the financial statements in accordance with United
Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees {who are also Directors of the Company) to prepare financial stslements
for each financial year that give a true and fair view of the state of affairs of the Company and of the income
and expenditure of the Company for that year. In preparing these financial statements, the Twstees are
required..
To select suitable accounting policies and then apply them consistently-
To make judgements and estimates that are reasonable and prud8nt,' and
To prepare the financial statements on a going concem basis, unless it is inappropriate to p￿SuMe
that the Company will ¢ontt'nue in business.
The Trustees are responsible ft)r keeping adequate accounting records that show an¢J explain the
Company's Iransaclions. disclose with reasonable accuracy at any ts'me the financial position of the
Company and enable them trj ensure that the financial statements ¢omply with the Companies Act 2006.
They are also responsible for safeguarding the assets of the Company and hen￿ for tsking reasonable
steps for the prevention and detection of fraud and olher irregularities.

B.H. CHRISTIAN WORKERS, TRUST
Charity Number 1142493
Company Number 7657532
{A Charitable Company Limited by G￿*￿￿tee)
Indopendent ExaTnin•Vs Report to the MgmlJ¢rs of B￿. Chrlstlan Workers, Trust
I report on the accounts of the Trust for the year ended 31 December 2024.
Regpeclive responslbllltles of Trustee8 and Examiner
The Charity's Truslee8 {who are also Directors of the Company for the purposes of Company Law) are
responsible for the preparation of the accounts. The Charity's Trustees consider that an audit Is not required
for this year under section 144 12) of the Charities Act 2011, I'the 2011 Acr} and that an independent
examinalion is needed.
Having satisfied myself that the Charty 18 not subj.ect to audit under Company Law and is eligible for
independent examination, rt 15 my responsibility..
to examine the ac￿Unts urbder section 145 of the 2011 Act.,
to follow the procedures laid down in the General Difections gr¥en by the Charrty Commissioners {under
section 145{5llbl of the 2011 Acll.. and
to state whether particular matters have come to my attention.
My report ts made solety to you as Trustees put5uanl to the 2011 Act. My examination has been undertaken
so that I might stale to the Truslees those matters l am required to stale in this report and for no other
purpose. To the fullest extent perni￿ by law, I do not accept or assume responsibility to anyone other
than the Trustees for my examin*ion, for my report, or for Ihe ststemenl I have made.
Basis of Independènt Examinefs R•port
My examination was camed out in accordance wlth General Directions gNen by the Charity Commwion. An
examination includes a review of the accounting records kept by the Charity and a comparison of the
acmunls presented wrth those records. It also includes consideration of any unusual items or disclosures in
the accounts and seeking explanations from the Trustees concerning any such matters. The procedures
undertaken do not provide all the evidence that would be reqLFired in an audit, and consequenly I do not
express an audtt opinion on the view given by the a¢counts.
Independent Examlnerfs Ststsmenl
In connection with my examination, no matter has come to rny attention..
which gives me reasonable cause lo believe that. in any material respect, the requirements:
to keep accounting records in ac￿rdanCe with sections 386 of the Companies Act 2006,. and
to prepa￿ accounts which a¢cord with the accounting records and compty with the accounting
requirements of seth.on 396 of the Companies Act 2006 and with the methtjjs and principles of
the Statement of ReconNnended Practice. Accounting and Reporting by Charities,
have not been mel. or
la}
{bl
{2}
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
13 M
..2025
erson
ham Road Shoreham by Sea BN43 SUD
64 B￿k

BM. CHIUSTIAN WORKERS, TRUST
Charity Number 1142493
Company Numbcr 7657532
(A Cbaritable Company Limited by G￿aT￿lI1¢¢)
Statsrnent of Financial Activitiès for the Year Ended 31 Decembor 2024
Note Unrestricted Resthcted Endowment
Funds
Funds
Funds
Total
2024
Total
2023
Incomg & Endovfflients
Donations and legacies
Rental income
Interest income
Total Income &
Endowment8
7,205
36.157
1,013
42,7Q4
49,909
36,157
1,013
61,207
42.792
44,375
42.704
87,079
104,843
Ex
nditure on
Charliable Activities
staff Costs
Propety expenses
Transfers to PCC CW
Fund
Traininglsundry expenses
Total Expenditure
42.704
42,704
41,018
1.267
7,677
37,362
1,258
46,297
37.362
1,258
89.001
47,008
393
89,686
42.704
Net Incomelloss before
other reco
nlsed ains
and 1058os
{1,922)
{1.922)
15.157
Galn8lLosses on
Revaluallon of Flxed
Assets
I140,0￿) (140,000)
Net MoverrEnt in Funds
1,922
140,000
141922
15.157
Funds brought fotward
26.172
1,465,000 1.491,172 1.476,015
Total Funds Carried
Fornard
24,250
1,325.000 1,349.250 1,491.172
All an￿￿nts relate to continuing acaivrties. Any drfference5 of £1 relate to roundings.
I gains or losses recognised in the year are included in the Statement of Financial Activities.
The notes on pages 10 to 14 form part ofthese financial ststements.

B.H. CHRISTIAN WORKER8* TRUST
Charity Number 1142493
Company Number 7657532
(A Cbaritsble CompAny Limiéed by Guar•nte¢)
Balance Sheet at 31 Decèmber 2024
2024
2023
Fixed Assets
Investment Properties
Total Fixed A888ts
Current Assets
Debtors
Cash at Bank
Total Currnnt Assets
1.325.000
1.325.000
1,465,000
1,465,000
10.000
27.135
37,135
26.838
26.838
Liabilitles
Cfedttors falllng due w¢thin one year
Net Current Assets
Total Assets less Current Liabilities
2,588
24,249
10,964
26,135
1491171
Re
resented b
Expendable Endowment Funds
General Funds
11
11
11
1,325,000
24,249
1,465,000
26,171
Restrtcted Funds
Total FL¢nds
1,349,249
1.491.171
For the year ended 31 Decemter 2024 the Company was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
The Members have not required Ihe Company to obtain an audit of tts financial statements for the year in
quests'on in accordance wrth wtion 476.
The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act
20C6 with respect to ac¢ounts"ng records and the preparation of financial statements.
The ffinancial statements have been p￿Pared in a￿ordanCe With the provisions applicable to ¢ompanies
subject to the small companies. regime. Any differences of £1 relats to roundings
These financial statements were approved by the Board and authorised for issue on
2025.
SIGNED...
(Di￿¢10r)
JOHN PUThOCK
SIGNEO...
(Treasurer)
IAN CROSTHWAITE

H. CHRISTIAN WORKFRS, TRUST
Charity Number 1142493
Company Number 7657532
(A Ch*rit*bl¢ Compony Limited by Gu8rantee)
Ststsment of Cash Flows for tho yoar ending 31 D•eomber 2024
Total Funds Total Funds
2024
2023
Cash flows from operating activities:
Nel cash provts￿ed byl lused in) operating activities
29,791
30,349
Cash flows from investing actlvltles:
Interest income
Rentsl income
Investment property expenses
Purchase of property plant and equipment
Proceeds from sale of investments
Pufchase of investments
Net cash provKled byl (used in) investin9 actNlties
Cash flows from financing aetlvitigs:
Repayments of borrowing
Cash inflows from new borrowing
Receipt of endowment
Nel cash provided byl (used ID) financing &tivities
1.013
36,157
17,6771
844
42.792
11,267}
29893
42,369
Change in ¢ash and cash oquival8nts in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Total ¢ash and cash equivaltnts at the end of the year
(298)
27,136
26.838
12,020
15,116
27.136
Any d￿re￿nceS of £1 relate to roundings
RO¢o￿l11allOTr of net incomel(expenditurel to rtét cash Ibow from operating activities
Total Funds Total Funds
2024
2023
Net incomel(exp•ndilurel for the reporting ptrriod las per the
statement of financial activities)
Adju8tm•nts for".
Depreciation charges
Propety Expenses in lllvesting Actwities
Interest Income Shown in Investing Activities
Rental Income Shown in Investing Activities
Lossllprofitl on the sale of fixed assets
(Increaseydecrease in stocks
{Increase}Idecrease in debtor5
Incfeasel{decreasel in creditors
{1,922)
15,157
7.677
(1,013)
(36,1571
1.267
1844)
(42,792)
10.000
18.3761
(9,557)
6.420
Net ￿9h providod byl lllsed Inl opernting activitle6

B.IL CIIRISTIAN WORKERS. TRUST
Charity Number 1142493
Company Number 7657532
(A Charitlbte Compatty iAmited by Guarnntee)
Notes to th• Accounts for tha Yoar Ended 31 Dgcgmber 2024
Note 1 Accountin Pollclfrs
The principal accounts'ng policies adopted, judgements and key sources of estimation uncertainty in the
prep8ratton of these financial statements are as follow5.'
a) Basis of pr•paration;.
These financial statements have been prepared on th8 going concem basis in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland leffectNe January 20151 {'FRS 102.) and
the Companies Act 2006. That basis is juslthed by the year end net current assets of £25,911 and an annual
rental stream from three different properties of £49,215 as from January 2025. Assets and liabilities are
initialty recognised at historical cost or transaction value unless otherwise stsied in the relevant accounting
poly notels).
b) Fund accountlng;_
Funds held by the Company are either'.-
Unrestricted fvnds
General ftjnds which can be used for ordinary purposes. or
Resthcted FuTrJs
being either (a) income from trusts or endowments which may be expended only on
those restricted objects provided in the temis of the trust or bequest.. or (b) donab'ons
or grants received for a specific object. Any balance remaining unspent at the end of
the year is carried forward as a balance on that restricted fund, or
Expendable
Endowment Funds
These fijnds represent properties which the Company has the right to retain. Income
arising from these investments may be used as unrestricted funds.
Incom• rncognition policies
Items of income are recognised and included in the accounts when aN of the following criteria are met"_
the Company becomes enb.ued to the funds..
any perfom)ance conditions attached to the iEemls} of Income have teen r￿t or are fulty within
control of the Company..
there is sufficient certainty that receipt of the in¢ome 1$ Considered probable., and
the amount can be measured reliably.
For Ègacies. entitlement is taken as the earlier of..
the date on which the Company is aware that probate has been granled;
the estate has been finalised and nobficalion has been made by the executor(s) lo the Company that
a distribution will be made ', or
when a distribution is received from thé estate.
Re￿Ipt of a legacy, in whole or in part, 15 only considered probable when the amount Can LE measured
reliabty, and the Company has been noliffied of the executorfs intention to make a distribution. V¥here
legacies have been notified to the Company and the above criteria have not been meL then the legacy is
treated as a contingent asset and only disclosed if material.
c) IntO￿t receivable
Inte￿5t on fvnds held on deposit is included when paid by the bank.
10

B.H. CHRISTIAN WORKEKS, TRUST
Charity Number 1142493
Cumpany Number 7657532
(A Charitable CompaDy Limit¢d by G￿arantee)
Notss to the Accounts for the Year Ended 31 December 2024 Icontinu•dl
Not¢ 1 Accountin
Polici98
contlnued
d) Gfft Ald
Income from lax reclaims is included at the same time as the gift to which it relates.
e) Expenditure
Expenditure is Tr¢ognised as soon as the￿ is a legal or constfuGtive obligation committing Ihe Company to
make a payment.
f) Assets
The investment properties are for use by the Company. The three prope￿"e$ are held as mixed molive
Investments to further the work of the Company and to produ￿ a ftscal retum. They are stated at valuation
subject to annual reviews.
N¢)ts 2 Volunta Income
Un￿tnCted Funds
2024
2023
Restricted Funds
2024
2023
Total
2024
Total
2023
Regular giving
Donations
Legacy
From Churches in the parish
Income Tax recoverable
4.536
1,300
6,021
1,415
10,000
4,536
1,300
6.021
1,415
10,000
41,018
2.753
42,704
41.018
42,704
1,369
7,205
2,753
20,189
42.704
41,018
49,909
The aggregate value of giving by the Trustees was £NIL12023-£NIL) plus gifl aid of £NIL (2023-£NILI.
Nole 3 Rantal Incomo
Unrestricted Funds
2024
2023
Restn"cted Funds
2024
2023
Totsl
2024
Total
2023
47 Nevill Avenue
86 Elm Drive
40 Meadway
Total
11,357 20,192
13,250 13,000
11,550
9,600
36 157 42,792
11A57
13.250
11.550
20,192
13,000
9,600
42,792
4 Staff Costs
Unrestricted Funds
2024
2023
Restricted Funds
2024
2023
Total
2024
Toial
2023
Gross wages
National Insurance costs
Pension costs
Death in service insurance
Total
35.743
3.677
2.502
782
42.704
34,368
3,487
2,406
757
41.018
35,743
3,6
2.502
782
42.704
34,368
3,487
2,406
757
41,018
Staff a￿ only employed for the charitable aein1it￿S of the Company. No costs are incurred relating to
fundraising, administratK)n or govemance. At the year*nd the Company had one fuH time employee. There
were no empt)yees wrth remuneration (including benefrts) greater than £60.000 per annum. The average
number of employees in 2024 was 1 (2023-11.

B.H. CHIUSTIAN WORKERS, TRUST
Charity Number 1142493
Company Number 7657532
(A Charitable Compally Limlted by Guarnntee)
Notes to tho AGGounts for the Year Ended 31 D8cgmber 2024 Icontlnued)
Note 4 Staff Costs
contlnued
The Company is fulty compliant with the workplace pension rules and regulations. All employees receive
an employerfs pension contribution of 70A of Iheir gross income funding the Company's workplace
scheme provided by NEST {the National EmploynEnt Savings Trust). cUr￿nIY there are no compulsory
employee contributions.
Note 5 Pro
nses
Unrestri¢ted Funds
2024
2023
Restrithd Funds
2024
2023
Totsl
2024
Total
2023
Repairshefurbishment to
47 Nevill Avenue
Repairslrefurbishment to
40 Meadway Crescent
Total
6,680
655
6.680
655
997
7,677
612
1,267
997
612
1,267
Noto 6 Trainin
and 8und Ex
nses
un￿$￿"¢ted Funds
2024
2023
Restrt¢ted Funds
2024
2023
Total
2024
Total
2023
Professional indemnty
insurance premium
Books Alive Lease Revtew
Bank Charges
Sundry
Total
291
291
702
60
130
1,258
702
60
130
60
42
393
60
42
393
Fees in respect of the Independent Examination this year are £nil12023 £nil) as the 8xamination was again
provided pro tx)no.
Note 7 Fixed Assets
Investment Properties
2024
2023
At 1 J8nLFary
Disposals
Addttions
Revaluations
At 31 December
1,465,OC
1865,000
1,465,OC(I
{140,000)
1,325.1)00
1325 000
1.465,CK)O
2024
2023
86 Elm Drive Hove at valualion
47 Nevill Avenue Hove at valuation
40 Meadway Crescent Hove at valuation
175,000 220,000
675,000 720,000
475 000
1325000 1
86 Elm Drive was professionalty valued in July 2024 at £175,000 by Crfckmay Chartered Surveyors when the
lease was coming up for renewal. The Tnjslees reviewed market trends in October and decided that a more
cautious stance $hould be taken on the two residenlial properties, so they We￿ each reduced.
12

B.H. CHRISTIAN WORKERSY TRUST
Charity Number 1142493
Cijmpany Number 76S7532
(A Charitable Compny Lirnited by Guarantee}
Notes to th• Accounts for the Year Ended 31 De¢emb•r 2024 Icontinuedl
Note 8 Cash at Bank
The day-t(pday cash balances are held al CAF Bank Ltd. The Company a￿0 has an instant access
account with a balance of £23.00012023 £25,000) with Aldennore Bank PLC. All of these funds are fvlly
covered by the Financial Services Compensation Scheme.
Note 9 Creditovs.
2024
2023
statutory deductions due lo HMRC from the December payroll
Rent received due lo the PCC Fund
Legacy transferted to the PCC CW Fund in January 2024
Total
927
1,661
10,000
10.964
Note 10 Com
rative Period SOFA.
Unrestncled
Funds
Restricted
Funds
Endowm8nl
Funds
Total
2023
Income & Endowments
Donations and kgacies
Rental income
Interest income
Total Incomfr & Endowme
20.189
42,792
844
63.825
41.018
61.207
42.792
844
nditure on Charitablg
Activities
staff Costs
Property expenses
Transfers to PCC CW
Fund
Traininglsundry expenses
Total Expenditure
41,018
41.018
1,267
1.267
47,008
393
48,668
47,008
393
89,686
41.018
Net Income beforn other
roco
nised alns and10s¥es
16,157
15,157
GainslLossos on Revaluation of
Fixed Assets
Net Movement in Funds
15,1S7
Funds brought forward
11,015
1,465,000
1A76,015
Total Funds Carried Forward
26,172
1,465,000
1,491 172
13

B.IL CHRISTIAN WORKERS, TRUST
Ch4rity Number 1142493
Company Number 7657532
{A Charitsble CompaDy Limited by Cuarantee)
Notes to the Aeeounts for the Y r Ended 31 Decèmber 2
conllnued
Nolo 11 Ana
sls of Funds
Type
Fixed A88ets
Nel Current
Assets
Total
2024
Expendable Endowment
Revaluation Reserve
Restricted
Unrestrcted
Total
952,000
373,000
952,000
373,000
24.250
24.250
24.250
1,349.250
1325,WO
Expendabk End0￿ent Funds represent the valuation of the properties which the Company received
from the previ￿$ unincorporated trltst in 2012 {£552.000} plus the new property donated to the Company In
20201£400,000). The Revaluation Resebve is the net increase in the value of the properties since being
owned by the Company. The Company has the unrestficted right to retain these properties and the incorne
arising from them may be used as unrestricted fvnds.
Reslri¢ted funds are received from BH'S sister ¢huTch, Goldstone, lo cover the employment costs of any
ministers and staff who work at that church but are employed by the Conpany.
Occasionally donations
from other sourcey are receNed speu'fically to cover designated expernjiture. All restricted funds received
dunng the year were utilised in compliance with their purpose5.
Note 12 Related Pa
Trnnsactions
Name
Don Bawtree
John Puttock
T￿vor Cristsn
Nick Tucker
John Puttock
Nick Tucker
2024
£45,701
£45 701
£45,701
£45.701
£13,250
£13 250
2023
£37 008
£37,008
£37 008
£37 008
£13000
£13,000
Role
PCC Member
PCC Member
PCC Member
Incumbent
Trustee of Books Alive
Trustee of Books Alive
Descri
rr￿nts lo BH towards staff costs
Pa
ments to BH towards staff costs
Pa
ments to BH towards staff costs
Pa
ments to BH towards staff costs
Rents
aid b Books Alive
Rents aidb B￿kSAI1Ve
The Trustees neither ￿e1ved nor waived any emoluments during the year12023-£Nil).
14