ONEI CHURCH Charlty Regtstratlon No. 1142607 Company Rl$tratIon No.07518188 (Engtand and Wale51 2024 Annual Rep W&CIWE TO Y• -Yi One Church Brighton (limited by guarantee) trustees. annual report& consolidated financial statements for the year ended 3 1 December 2024
ONE CHURCH BRIGHTON (UMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION Trustee5 A Tilley (Chalrl A Mackenzle-Parr (Company Secretsryl C Evans T Napper A Nolloth R Salmon R Shake5haft D Steell Charlty number 1142607 Company number 07518188 Rqistered office and Prlntlpal Address One Church Brighton Gloucester Place Brlghton East Sussex BN14AA s11)ry audltor TC Group The Coyrtyard Shoreharn Road Upper Beedlng Steyning West Sussex BN44 3TN Dayto day bankers Lloyds Bank plc 1-9 Gloucester Pl3ce Brighton East 5u5sex BN14BE
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) CONTENTS Tru5tees' report Statement of trustees, responsiblllt6es Independent auditorfs report io Con501idated ststement of financial actNities 14 Consolldated balance sheet 15 Charity balaTh sheet 16 Consolidated 5h flow 5t2tÈment io Notes to the accounts 18
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 INTRODucfioN The Trustees of One ChLsrch Brighton I'one Church" or.the Charity") present their annual report tQ8ether with the audited consolidated financial statements for the year ended 31 December 2024. The report has been prepared in accordance wfth the Charities Act 2011, the Companies Act 2006, and the Statement of Recommended Practice- Accountlng and Reporting by Charitie5 ISORP FRS 1021. From 2024, One Church Brlghton has prepared audited group consolidated accounts, as the comblned turnover of the Chartiy and its wholly owned subsidiary, OCB Initiatives Ltd., exceeded £1 million. The consolidated results therefore cover both the charitable parent and its subsidiary. oBJEIVEs AND ACTIVITIES The Charit¢s mission Is underpinned by five values- Intimacy with God, involvement in helpin8 those in need, interdependence with others, inclusivlty for all, and inte8rity in all activities. Our charltable aims focu5 on justice, equality, and the floLSrishing of communities, achieved through the following strate8lc outcomes- Community- Strengthening cohesive tommunltles Interdependence- Encouraging mutual 5LlPPOrt for life chanBe Growth- Enhanclng skills, employment, and opportunitles Wellbeing- Improving health and wellbeing NatU- Connecting people with and protectin8 the environment Our activltles address key social issues in Brighton & Hove and surrounding areas, including homelessness, unemployment, food and financial poverty, social isolation, and challenges faced by young people nd families. Prolects are funded by our congregation, local businesses, haritable Brants, and enterprise incowne.
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEEI TRUSTEES, REPORT (CONTINUED) FOR THE YEAR EIVDED 31 DECEMBER 2024 ACHIEVEMENTS AND PERFORMANCE In shaping ¢ur objectlve5 and plannlng our activlties forthe period, the Trustees have given consideration to the duties set out in sertion 17151 of the Charities Art 2011 to havé due regard to public benefit and to the Charity Commission Guidance on publit benefit. In partlcular, the Trustees have considered how the planned attivStles will contribute to the overall aims and objectives that thEV have set. Our fundin8 and givins go dirèctly into our projects, many of which Éngagè those who Ère most in need and we aim to be as lean as possible by being resourceful. We use our buildings, finance, staff and volunteers to do thls. Our5unday Church communlty continued to thrive. The in¢lusive and creatlve church seNlces saw growing numbers of people engage wlth a variety of issues and topics on a wÉèk5y basis. Vèrious other activities such as mid-week groups, a weekend awayi communlty meals, walks and ce1ebratitsns all helped build interdependent, relational connectiom. A monthly CommUnY Meal, run by volunteers from the community. prepared and served over 700 deliciou5 meals to socially i501ated and vulnerable people. Fundin8 in 2024 from SHED enabled us to ¢ontinu¢ to develop the Readlng Room - a collaboration between the church. local communlties and acadÈmics around ju5titÉ and inequality issues, running a variety of well-attended and engaglng conferences and events. Our barista training school. Pro Baristss. experiented a soaring demand for training from ihe unemployed. Our trainees have continued to demonstrate morÉ pronounced ancs complex support needs due to hlgh leve15 of anxiety, and the effects of long-terrn unemployment as a Ult of the economic environment. In respon* we focussed on more intensive support programmes in 2024, such as continuing our Women only 'Dorothy JonÈs Course, trainin track and the Supported Journey Prograrnme - a 12 week tralnin8 and support progr3mme tailored to the needs of youn8 NEET pètsple experlencing complex and multiple barriers into work. We also increased the number of drop-in se5510llS to provide a safe and supportive énvlronment and developed a more constant stream of trial shifts In our cafe for those needing to increase their customer seryice skills and enhance their employability. Rock Farm Is a worknng markèt garden. tonseNation and horticultural therapy project which focuses on 3 key areas.. SustainablÈ, tarbon.t)e8ative food production Biodivetsity conservation and regener3tion of the local ecosystem Hortieultural ther3py for people who are socially isolated due to physical or mental111 he8lth, incomes or cireumstanees
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 We continuèd to develop some key partnershSps In 2024, Including new arrangements for lectures and student workdays with Imperial College, London, retreats for Corporate clients. school volunteer days, and access days for food bank reopients in Sussex and other OC8 project familie5, such as Ll)omp (more Informatlon below). We also contlnued to run our own certified horticulture cuur5es for those who nomially couldn't acces5 grower trainin6* increased our presence at Steyning Farmers, Market and Continued tQ 5UPPOrt the regular CDhort of referrals and volunteers. Ouryouth work, One Youth, continued to run a full progr3mmè of attivitles during the year under the leadehIp of our youth worker, covering a variety of needs but all unified in purpose across three strands: Wellbeing.. providing safe spaces for young people to be themselves, have fun and discuss their concerns. This included offering one-to-one 5UPPOrt to those who needed a listening ear. and making referrals for those who requlre more specialist support., Irna8ination'. fostering a youth group environmentthatencourage5young people to discover thewisdom of thelr imagination and to gain new perspectives by finding words and im48es to share thelr storles. Thls Is done In a yarlety of way5, including art. writing. photO8raphy and other medla.. and Intertonnettion: encouraglng dialogue wlth the world beyond the young people's immediate circumstances, challen8lng existin£ narratives and creating new ones. The groups that met durinB the year uttder thè One Youth banner Include: Safehouse.. a weekly. open-access youth group, whlch mainly caters to Year 9 glrls and nonbinary people offering a relaxed 8atherin8 point around a meal, where the young people are Èncouraged to sharè thelr stories from the week. Youth.. weekly social youth Sroup for 11 to 18 year old5 of our church community and their friends. includingattivities sueh as art evenings, board game nights, chip walks and baking Èvenings,. Ctsntemplative Youth.. weèkly social youth group for 11 to 18 year olds wlth a focus on Mindfulne and contemplative methods Mlsflts.. fortnlghtly evening group for LG8TQ1A+ 16 to 23 year olds, an additional fortnightly lunch club at Brighton MET College as well as 1-2-1 infomial mentorlng and practlcal support for youn8 people facing personal and financial hardship. Several youn8 people have been referred from the Misflts group to our Pro-Baritta training course; Weekly groups on Sunday and during the week for young people to listen and creatively respond to the stories of the Bible and pract15e imaginative and contemplative prayer methods. Lodestars= an 8 week programme of ¢reative wrlting workshops wlth the airn being for participants to embrace the challenge of trustin8 thelr ima8inations and eKpressing itthrou8h word& s)
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) TRUSTEE5' REPORT ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Chomp Is passlonète about supperting familles with children who find themselves in challenging circum5tance5. It provides integrative support that spans across immedlate needs such as food poverty and holiday hunger to mEanin6ful engagernent acr055 interdependent Communities. Chomp Journeys wlth its families as support is furthered through partnered stakeholders. r8ngin8 frorn the local council, charities, dubs and the wider One Church communlty- During2024 Chomp and its partnergroups delivered over 21) meals tofamilies across Brighton and the surrounding areas through holiday clubs. At Christmas. Chomp put together and dellvered over 100 hampers, consisting of fruit and vegetables mostly donated from our Florence Road Market and presents for thildren donated by a local bu5inEss. Chomp was chosen to be one of the Mayors Charities for 2024. Thls Involved belng officlally cognised by Brtghton and HOVÈ City Council and gaining incréased visibility through mayoral events, publicity and networking opportunitie5. We continue to uti1iseourOehurch bulldlngslGloucester Place and Florence Road), makingthem wèlcomln8 and usable for als our projects. General maintenance and repairs contonued and as a board of Trustees we regularly revlew the bulldSngs and their needs to fit the requirements of our community Hnd our hlrers. In 2023 we purchased a small house to be used for tommunlty projects. and in 2024 we began to host an Afghan family as part ofthe Refugees Communitysettlementscheme. A Refugee Support Group wasformed and received accreditation from the Home Office in order for the family to move into the house, supported by thls group. A second property was purchased in 2024 whith is now used to house women who have experienced sexual exploitation, In partnership with Or¢hards UK. a spe¢ialist support organlsation. The Trustees tontinuè to explorè how we can make our buildings more relevant to the needs of the lo4 and churth communitv. TRADING SUBISDIARY- OCB INITIATIVE5 LTD One Church has a fully owned subsidiary company, OCB Initiatrves Llmited, whlch exlsts to operate revenue-generating activities in the One Church community, with an emphasi5 on social enterpT55e. OCB Initiatives rnited donates its profits to One Church to fund its projects. Our weekly farmer5, market and community hub, Florence Road Market, and its connected café, Floren¢e Road Café, operated through the year and despite the cost-of-livin8 crisi5. saw an Increased demand from the prevlous year. Our en8a8ement wlth the community and local food traders continuèd to develop. as dld the partnerships with low-income food hubs by asking our paying customers to help us subsidi5È hish quality produce that was then distributed to those in need.
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Skylark Coffee, our ethical coffee roasting initiatNe, continued to rapidly develop a UK-wide customer base, grew its tumover by almost IQO% in 2024, and published a very well received third Transparency Report. This report is unprecedented in the industry and dÈtails how even"ethical" coffee claim5 remain tied to an exploitative supply chain. while fully detailing our own operations and what we are doing to change the system. Skylark donated over f4,SOO to extÈrnal charities supporting either coffee growers or local Ènvlronmental restoration and ha5 continued to support the Pro Baristas projert, Rock Farm, and other activities of One Church Bri8hton. In the year ended 31 De¢ember 2024.. OCBI Generated turnover of £884,686 The subsid1ary made a net deficit of £7,258 OC811s governed by its own Board of Directors, wh1ch reports to theTrUSte of the Charlty. The Trustees monitorthe subsidiarfs adlvities to ensure they a5ign with our mlssion and values, and that all surpluses aré applied for charitable purpose5. FINANCIAL REVIEW The consolidated results for the year show total income of £1.495.24512023.. £1.IJ08,4351. total expenditure of £1,365,44312023.. £1,137.4261. and a net surplus 01 £129,80212023.' deficit of £128.9911. Group Income comprised the following cate8ories-. Con8regatioftal giving and donations.. £229,991 lan increase compared to £199.742 in 20231 Charitsble grants Irestrictedl-. £158.207 (increase from 2023 due to multi yearfundlng being recognised in 20241 Trading activitle5 via OCBI.. £915,658 lup from £560.582 in 2023, around 63% growth mainly due to Skylark expansionl Other income.. £2.C5 Isiable comparlson to 2023 at £1,937) These changes reflECt strong growth in certaln enterprlse activities. The Trustees tonsiderlhe financlal P051tion èt year end to be satlsfactory. with Sufficient reserves to manage foreseeable r1$. fi *1
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR EAIDED 31 DECEMBER 2024 RESERVES POLICY The Trustees aim to rn3intain unrestricted reserves at 3 level sufficient to cover three months. core operatlng costs across the group. This t3rget provides resilience a8ainst fluctuations in income and unexpetted expenditure. A5 at 31 December 2024: Group unrestricted reserves totslled £171.615 Restrlcted reserves at yearend were £61,913 Restritted reserve5 are held in line with the conditions of grant funding. The Trustees reviewthe reseryes policy annually and may adjust targets in pOnse to or8anisational needs, risk assessment outcomes, and strategic prlorltles. PRINCIPLE RISKS AND UNCERTAINTIES ThèTrustees maintain a comprehènsive risk register, reviewed at least annually. The following prlncipal risks were identified in 2024, covering both parent charity and subsidiary, with mitigation actions in pla.. Reduction In charltable donations or grants- Mitigated through diversified income streams and regular financlal monitorin8. Tradin8 arm performance dips due to economle downturn - Mltigated through flexible busine55 planning and market diversificatlon. Inadequate acce55 contro15 to financial sy5tems- Mitl8ated by restricted access, dual4uthorisatlon processes, and regular reviews. Keyfinancial tasks dependent on limited staff capacity- Mitigated by documented procedures and cross- training of staff. Failure to comply wtth charity or tdIng regulatlons- Mitlgated by regular policy reviews, Trustee trainin& and expert advice. A full risk register. Including likelihotsd and irnpact scori1 is maintained by management and is available to regulators upon request. sThucruRE, GOVERNANCE AND MANAGEME One Church Brighttrn is a tharitable eompany limited by guarantéÈ. In the event of winding up, members, Ilabllity 55 limited to £1. The Board of Trustees mèets at least ten times per year and delegatEs day-to-day operation5 to Senior 5tsff. Trustees are recruited from within the church community through a delined nomination and selection process.
ONE CHURCH BRIGHTON (LIMED BY GUARANTEE) TRUSTEES, REPORT {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 OCB Initiative5 Ltd. is wholly owned by the Charity, and its Bo3rd of Directors Is accountable to the TrusteÈ5. The Trustees monitor the 5ubsidiar(5 activities to ensure they align with trur mission and values, ané that all 5urpluse5 are applied for charitable purposes. The subsldiarfs profits are tr3nsfèrred to the Charity under Gift Aid. The subsidiary's Board m&ets evèry quartÈr and PortS fomially to the Trustees of One Church Brighton. At least one Trustee seNes as a director of OCBI to ensure alignment wlth charitable aims. TRUSTEE RECRUITMENT In 2024, three Trustees were appointèd, and two Trustees resigned. The Trte havè been appointed fr¢m within the One Church Community 3nd the recruitment process is as follow5.. Clear information is comrnunlcated dudng Sunday setvlces about the recruitment process of trustees when there is a vacancy. Nominations for potential trustee5 are sou8ht Irom the Church tommunity. People are asked to give their nomlnatlons to existing trustee5 wlthout the knowledge of the nominee. The existing trustees meet to assess nominations against the current needs of the trusteeship to govern the churth and charity well (skills. expErience etcl. Once a potEntial trustee15 selected, that person is approached to see If they would like to be part of the team. If not. then a further selection is made, or the process is restartefl. If they atcept, then the wider Church ¢ommunity Is notifled and there is a two week timeframe, where any notable objections or Concerns can be received and evaluated. If no objections are received the new trustee 15 appointed. The Trustees, who are also the dlrectors for the purpose of cgmpany law, and who served durin8 thé year or were appointed 5ubsequentty are: Trustees servlng kn 2024: Dlrettors of OCB Inltlatlves Ltd In 2024: AnthonyTilley- appolnted Chair in November 2024 Avril Mackenzie Parr (Company Secretary) David Steell Mark Campbell- resigned 20 May 2025 Christopher Evans Richard Mead- resSgned 10 March 2024 Llanne Howard-Dace- resigned 12 October 2024 Rebecca Salmon Rlchard Mead Mark Campbell Christopher Evan5 Tntstees appolnted In 2024: Timothy NappeT-appointed 9 lune 2024 Adrian Nolloth- 8ppointed 9June 2024 Rebecca Shakeshaft- appointed 9 June 2024
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 PAYME OF SENIOR MEMBERS OF STAFF The charity curren¥ operates live role specific 5alarygrades alongside the package provided to the Minister. A trustee- led subgroup is tasked to assess the or8anisational salary structure on an annual b851S Wlth reference to our values. This 6roup then brsng5 recommendation5 to theTrustee Board for approval. stsff may be ¢on5ulted and Included in any reviews but are not present atthe point In any Board meetin8 to discuss and agree any ¢hanges. PU8UC BENEFIT In exertising their powers and duties, the Trustees have had due regard to the Charity Commi55ion'$ 8Utdance on public bénèfit. The activities of One Church Brighton including those undertaken through OCB Initiatives are directed towards the relief of poverty, the advancement of Èducation, the promotion of social in¢lusion. and the enhancement of community cohesion, wellbein& and environmentsl stewardship. TheTrustees a satisfied that the Charitls activie5 in 2024 demonstrably further these chaiitable purposes and provlde ¢lear benefits to the public. On behalf of the Board of Trustees A Tillev Chair olTru5tee5 Date.- 23109125
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) STATEMENT OF TRU5TEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The trw4tees of One Church Brlghten are sPOnSIble for pparIng the Tru5tee5' Report and the accounts In aordance with appllcable lawand Unired Kingdom Accountlng Standards Iunited Kin8dom Generally Accepted Accounting Pra¢tlcel, includlng Financial Reporting Standard 102 The Flnanci81 Reporting Standard forthe UK and Republlc of Ireland. Charfty law requi$ the trustees to prepare accounts for each financlal year which give a true and fairview of the state of affalrs of the group and of the Incomin8 re50urcÈ5 and application of resources, including the income and expendrture, of the group forthat year. In preparingthese accounts. the trustees are requlred io= selert sutsble 3ccountln8 pollcles and then 3pply them consistently; obsÈNe the methods and principles in the CharltiES' SORP.. makeludgements and estimate5 that are reasonable and Pfudent,. and assess the organ153tlDn's abllity to contlnue 35 a going concern and prepare the accounts on the going concern basls unless fc is inappropriatelo presume that the charlty will contlnue in operatitsn. The trustees are respon5iblefor kee8 adequate accountin8 (OrdS that disclose with reasonable accuracy at any time the ftnanclal posltioll of the charity and enahthern to ensure that the accounts comply with the Charltles Act 2011, the Charities IA¢count5 and Reportsl Regulations 2008 and the provislons of the trust deed. They a also resPOll51ble for safegu3rdlngthe a95ets ofthecharity and hence fortaking reasonable step5frTrr the prevention and detectlon of fraud 8nd other Irregularities.
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) REPORTOFTHE INDEPENDENT AUDITORS FOR THE YEAR ENDED 31 DECEMBER 2024 Oplnlon We have audited thefinancial Statements of One Church Brlghton (the parent'charitable cornpan¢l and it5 subsidiary Ithe 'Eroup'l lorthe ye3rended 31 December 2024 on pages 14to 26. Thefinanclal rEportlng frarneworkthat has been applied in their preparatlon 15 3pplirable law and United Klngdom Accountin8 Standard5, includlng Financial Reporting Standard 102 The Finontitsl Reporring 5tundaid oppll¢Gble in the UK ond Republic oflrelond Iunited Kingdorn Generally Accepted AccountinB Pr3ctI1. In ouropinion the financial statements.. ve a true and f3irvlew ofthe stateofthe group'5 andthe parent charltablÈ companvs affairsasat 31 December 2024 and of Its incoming resources and appllcatlon of resource5. Including its Incorne and expenditure. lorthe year then ended; have been propedy prepared in accordance with United Klngdom Generally Accepted Actountlng Practice.. and have been prepared in accordance with the re9[reMentS of the Companles Act 2(M)6. Bas15for upinio We conducted our audlt In accordance wY(h Internalional Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further descrlbed in the Auditorfs re5ponslblllties for the audit of the financial statements soction of OUF report. We are independent of the group and charitoble CDmpany In accordance wlth the ethlcal requireThents that are relevantto our audit of the flnancial statements in the UK. includingthe FRC'5 Ethical Standard, and we h3ve fulfilled our other ethical responsibilitles in 3ccordance with these requlrements. We bele that the audit evidence we have obtalned is sufflclent and approprizte to provlde a basis forour opinion. Condu$ions relztlngto 8oln8 ¢on¢èrn We have nothin8to report in rèspect of thefollowlng matters In relatlon to whieh the ISAS IUKI requi usto ieporttoy where.. the trustees, use of the goin8 concem basis of accounting In the preparation of the financlal statements Is not appropriate., or the trustees have not d15closed in the financ1 5t3ternents any identlfled rnaterlal UnrtaIntleS that may $t significant doubt aboutthe charitable companvs and Bfoup5 ability to continueto adopt the goinsconcÈrn basls of accounting for a period of at least twelve months froffi the date when the financial statements a authoriseEI for issue. Other informatlon The trustees are responsible for the other InfOrtiOn. The otheT Informatlon comprlses the information included in the trustees. annual report. otherthan the financial *atemÈnts and our auditorf5 report thereon. Our oplnlon on the fln3ncial staternents doe5 not cover the other InformatioTr and, except tothe Extent otheywlse explicitty stated in our report, we do not express anyform of Hssurance conclusion thereon. In connertlon with our audlt of the flnznoal statements, our re5ponslbllity is tts read the other informatlon and, in doing so, consider whkner the other information is materlally incons1stent with the flnancial statement5 OT our knowledge obtalned in the audrc or otherwise appea to be materlally mlsstated. If we identify such m3ter131 iThconsistenci&s or apparent matèrial m15Statements, we are requlred to determlne whethEr there 15 a nterIal MitateMent ip the financial statements or 3 materia1 misstatÈment of the other Informatlon. If, based on thp work we have p2rformed, we conclude that there is a material mlsst8tement of this other informatlon. we are required to report thatfart. We have nothing to report in this gard. io
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) REPORTOF THE INDEPENDENT AUDITORS FOR THE YEAR ENDED 31 DECEMBER 2024 Opinlons on other matter5 prescribed bythe Companles Act 2006 In our opinioTr, based on the work undertaken in the course of the 8udit.' the inforrnalion given in the trusteeg report lintorporatine the dlrertors, report) forthe financi3lyearfor whlch thefinanc131 statements a prepared is £onsistent with thefinancial statements- and the trustees, report lincorporatlllB the direttors, report) has been prepared accordance with applicable legal requirements. Matters onwhlch we are requlred to report by ex¢eptlon In the IIEht of our knowledge and under5tandin8 of the 8roup and charitable company and its env1ronment obtained in the course of the audit, we have not Identified material misstatements in the directors, report. We have nothing to report In respett of thefollowlng Thatters in relatlon to which the CompaniesAtt 2006 requlres us to report to you If, In our oplnion.. adequate accounting records have not been kept, or returns adequ2teforouraudit havefi been recelved from branches notvlsited by us.. or the financial statements are not in aeMentw1th the accountlng records and tUrnS.. or certain dischsuresof dlrÈcrors' remuneratlon specified by law are not made. or we have not recelved all the information and explanations we require for ou¥ audr(. Responsibilities of tNstees As eKplalned rllore lully in the trustees, responsibilities statement set out on paBe 2. the irvsrees Iwho are also ihe directors otthe charltable company for the purpose5 01 company lawl are responsible for the preparatlon of the financial 51atetnents and for belng satlsfied that they give a true and fair vlew. and for such Internal control as the tru5tee5 determine is necessary to enable the preparatlon of fftnanci31 stateMeS that are free from rnaterial misstatement, wh2ther due tD fraud or error. In preparing the finandal statements, the tru5Eees are responsible for 3s5e5slng the charltable compan(5 ability to contlnue as 8 going concern, disclosinÈ, as applkable, matters related tts going concern and using the going COnCEm ksls of accounting unles5 the tru5tee5 either intend to liquidate the charltable company or to cease operations, or have no reallstic alternative but to do $0. Auditorfs re5ponsibllltle5for the audit of thefinan¢lal statements Qur objectives are to obt31n rea50nable assvrance about whether the financial 5tstements as a whole are free frorn material m%statement, whether due to fraud or error, and to Issue an audltorfs report that includes our opinion. Reasonable assurance ts a hlgh level of assurance, but is not a guarantee that an audlt conducted in 2ccordènce with ISAS IUKI will always detert 3 materlal misstatement when It exlsts. Misstatement5 can arise from fraud or error and are consldered material if, Indivldually or in the a68regate. they could reasonably be expected to Influence the economlc decisions of users taken on the basis of these financlal statements. li
ONE CHURCH BRIGHTON
(UMITED BY GUARANTEE)
REPORT OF THE INDEPENDENT AUDITORS
FOR THEYEAR ENDED 31 DECEMBER 2024
A further dex¥iption of our respon5ibilitie5 for the audit of the financial statements is located on the Financi&l Reporting
Council's website https-//www.frc.ore.uklOUr-WorVA(JdiVAud-ad-aSsurante1st3n8rds-and-8tsIdancel5t8nd3r$-
and-guidanctrfor-audltOf5/Audltor5-responslbiltties-for-auditlDescTiPtioTr-of-auditors-responsibiltties-for-audlt.aspx. Thi5
description forms partof our auditorfs report.
Extent to whlchthe audlt Wa5 consldered cBpable of detertlnB Irre8ularitle5, Includln8 fraud
The obSertlvesof ouraudlt, In respecttofTrud. are.. to Identify and assess the rtsk50f mater181 mi55tstement ofthe financi31
statements due to fraud,. to obtaln sufficient 3pproprlate 8udlt evldence regardlng the assessed risks of materlal
MItateMent due to fraud, throu8h designing and implement¢ngappropriate respon5es,' and to respond appropriately to
fraud or suspected fraud dentifIed durlngthe audit. However, the prlmary responsibllity forthe preventlon and detectlon
of fud rests wlth both those charged wlth governanTr of the entity and Its management.
Our approach was as foll¢)ws'.
We Identlfled areas of laws ènd gUlatIonS that could reasonably bo expocrod to have 3 matertal effeu on the
Iinanclal st8temenlsfrom our general 5ectorexperlence. and through discussion with thetrustees. dsrectors and
other management las requlred by audltlng standards), and discussed with the trustee5. directors and other
management the pollcles and procedure5 regardlng compliance wlth laws and regulation5 Isee below)..
We Identifled the followlng areas as those most likely to have such an effect.. health and safety.. General Data
Protection Re8ul?tlon IGDPRI,. fiaud,. brlbery corruption., and etnployrnÈnt law. Auditin8 5tsnd3rds limit
the required audit procedures to identify non
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) REPORT OF THE INDEPENDENT AUDITORS FOR THE YEAR ENDED 31 DECEMBER 2024 Owin8 to the inherent limltations of an 3udr(, theie 15 an unavoidable risk th3t we may not have detected some materlal mi55tatetTEnts in the financial statements. even though we have pioperly planned and performed our audlt in accordance wlth audr(ing standards. For exawnple. the further removed non-compliance with law5 and regulatlons lirregularrtiesl Is from the events 2nd tranSalOnS reflected in the flnancial statements, the less likely the Inherently Ilmited procedu5 reguld by auditing Standards would identify It. The risk is also greater re8ardlng IrrÈgularltle5 occurring due to fraud rather than err(x, as fraud involves intentlonal IDncealment. forgery, collusion, omission or mlsrepresentstion. We are not ponSIble for preventlng non-cornpliance and cannot be expected to detect non-compllance with all 13ws and regulations. Other matters The comparatNe flnancial statements have not been audited. Use of our report Thi5 report Is made solelyto the charitable cornpan(s members, as a body. in accord3th wlth Chapter3 of Part 16 of the Companies Act 2006. Our audlt work h8s been undert3ken 50 that we mlghi State to the charitable cornpany's members those matters we are required to 5tste lo them In an auLlitorfs feport and for no other purpose. To the fullest extenl peTmittÈd by law, we do not accept or assume reswn5ibllity to anyone other than the chaTltable company and the charltable companls members as 8 bodyy forouraudlt work. forthls report. or forthe oplnion5 we have formed. c ffoL4 M8rkCummlns FcfA Isenlor StatutoryAudltorl for and OTh behalf of fc Group statutory Auditor Office.. Steynin& West Sussex Date.. ?g" &pFeh4ef ?oZ5 13
ONE CHURCH BRIGHTON {LIMITED BY GUARANTEEI CONSOLIDATED STATEMENT OF FINANCIALACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrictèd Re5trlcted funds funds Total 2024 Total 2023 In¢omefrom: Donation5 & grants Charitsble activities Other trading activitles Investment income- Interest recelved Notes 229,991 189,344 915.658 2,045 229,991 347.551 915,658 2.045 199,742 246,174 560.582 1.937 158,207 Total Income 1,337,038 158,207 IA95,245 1,008,435 Expendlture on: Raising funds (including subsldSary expendlturel Charitable activities 842.204 412.927 842204 523,239 562.958 574,468 110,312 Total expendlture 1,255.131 110,312 1365A43 1,137,426 Net Income I lexp?ndlturel 81,907 47,895 129.802 1128,9911 Transfer between funds 16 114,0181 14,018 Net movement In funds 67.889 61,913 129A02 1128,9911 Reconcillatlon of funds Fund balances at l January 2024 103,726 103,726 232,717 Fund balances at 31 De¢Èmber 2024 171.615 61.913 233,528 103,726 The statement of financial activitie5 include5 all gains and105ses recogrbised In the period. 1 income and expenditure derives Irom continuing activities. The siatement of financial actSvities 8150 complle5 With the requirements for an ifi¢tsme and expenditure account under the Cornpanies Act 2006. 14
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) CONSOLIDATED BALANCE SHEEr AS AT 31 DECEMBER 2024 2024 2023 Notes Cunent a5set5 Debtor5 stock Cash at bank and in hand 12 13 132,279 71,420 225.555 75.969 52,285 160,355 429,254 1170.7261 288.609 1184.8831 Crèditors: arnounts falllng dve wlthln one year 14 Net ¢urTtni assets 258,528 103,726 CrÈditprs,' amounts lalllng due In more than one vear 15 (25,000} Net assets 233.528 103,726 The funds of the charity: Restricted income fund5 16 61,913 171,615 Unrestrlcted Income funds 103,726 Total funds 233.528 103,726 These finan¢ial statements h3ve been prepared in accordance w4th the spe¢i81 provisions of Pèrt 15 otthe Companles Act 2(K16 relating to small companies. The notes on pages 18 to 26 form part of these accounts. 25109125 The acctsunt5 were apprLived by the Board on......................... A Tllley Trustee Company Règistration No. 07518188 15
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) CHARITY BALANCE SHEEr AS AT 31 DECEMBER 2024 2024 2023 Notes FhÉed assèts Investment in subsldSary io loo its) Debtors Cash at bank and in hand 12 280.821 125.295 171.148 149,178 406,116 {120.5211 320.326 Creditor& amountsfalllng due withln one year 14 1171,7891 Net turrent assets 285.595 148.537 Net assets 285.695 148,637 The funds of the charlty: Restricted income funds 16 61.913 Unrestrirted intome lunds 223.782 148.637 Total assets 285,695 148,637 These financi81 statements have been preparEd in actordance with the Special provisions of Part 15 of the Companies Act 2006 relatingto Small companies. The notes on pages 18 to 26 form part ofthese accounts. The accounts were approved by the Board on ........25109125................. A Tllley Trustee Company Reglstration No. 07518188 16
ONE CHURCH BRIGHTON {LIMITED BY GUARANTEE) CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes Cash flowsfrom operatlng actlvttles Net Incomellexpenditurel for the year Ilncreaselldecrease in debtors Ilncrea5el/decrease in stod< IntreasÈ/ldecreasel in creditors Investment income 129,802 156,3101 119.1351 114.1571 12.0451 1128.9911 140,2191 122,8721 139,984 11,9371 Iz 13 14 Net tash provided byl Iu5ed Inl operatln8 actlvltles 38.155 IS4,0351 Cash flows from Investln8 attivities Investment income 1,937 Cash provlded by I (used In) Investln8 actlvltles 2045 1,937 Cash flow5from fknanclngadlvltles Bank loan 15 25.000 Cash provided byl (used In) flnanclng actlvltles 25.IX)O Increasèlldecreasel In cash 652¢ IS2,0981 Cash and cash equlvalents at thè bèginning of the year 160.355 212,453 Cash and tash equlvalents at the end of the year 225.555 160.355 Analysis of net cashlldebtl Atl January 2024 A13J Non-cash December charges Cash flow 2024 Cash Cash at bankand in hand 160.355 65,200 225.555 Debt Debts lalliTr8 due after l year 125000) 125,0001 Net cash 160,355 40,200 200,555 17
ONE CHURCH BRIGHTON {LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER2024 5tatutorylThformation One Chuith Brighton Is a Charitable cornpany. limlted by guarantee, registered in England and Wales. The charttable company's re8lStered numbor and registered office address can be found on the Legal and Admlnlstratlve Inforrnatlon page. AccDthtln£ pollcle$ asls of preparation The flnancial statements have been prepared in accordÈnce with Accounting and REPOrting by Charwtie5-. Statement of Recommended Prartice applicable to charities preparing their accounts In accordance wlth the Financlèl Reportlng Standard appllcable in the UK and Republic of Ireland IFRS 1021 leffertlve lJ8nu3ry 20191- Icharltles SORP IFRS10211, and the Companie5 Act 21yJ6. One Church Brighton meets the definition of a publlc bettefit entty under FRS102. set$ and Ilabllities are Inltially recognlsed at hlstorical cost ortransaction value unless otherwlse stated In the relevant accountlng poliry notelsl. After makin8 zpproprlate enqulries, the trustees have a reasonable expectstioTr that the charity ha5 adequate resources to continue in operational exlstente (or the foreseeable future. There are r¢0 material uncertalnties about the group's ablllty to continue 45 a going conrn. The financlal Statements are prÈpared in 5terlln& whlch Isthe funttitsnal currency Df the charity. Monetary amount5 in these financlal statefflents are rounded tothe nearest £1. COrlIdated actounts The flnanclal Statements consolidate the results of the charity. Its wholly owned subsidiary. OC8 Initiatlves Lim6ted on line by line basis. A separate 5taternent of Flnancial Actfvities and Income and Expenditure Account for the charlty ha5 not been presented a5 the8roup has taken advantage of the exemption afforded bysectlon 308 of the Cornpanles Act 2006. Income All Incomlng resources are Included1n ih2 Statement of Financial Attivlt(e5 when the charityrs legally entitled to the income, is probable the Income wlll be recelved and the arnount can be quaniifled with reasonable accuracy. WhEre donations and grants ?Te re5trlcted to fLrture 3ccouniing perlods, they are deferred and recognised in those future accounting perlods. Grants for Immediate finaJKYal 5UPPOrt and assistance, or to reimburse costs previous Incurred, A recogni5ed lrnm@dlately. Incorne from chawltable activitles corllprlse5 Chh activities and grant5 awarded for actlvlties urtdertaken by the charity'5 project partners. Subsidlary income Includes retail leS primarily through the Skylark Coffee Café. Revenue from the sale of goods ts co8nised when the significant rlsks and rewards of ownershlp of the good5 have passed to the buyer (usually on dlspatch of the 8oodsl, the amount of revenue Ean be measured reliably, It is piobable that the economlc benefits associated with the transaction wlll flow to the entity and the costs incurred or to be Incurred in respect of the tran5aCtK)n c3n be measured reliably. 18
ONE CHURCH BRIGHTON ILIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting PoH¢les (cont1n> Expendltur• and basls of apportioning Costs ExpeDdltur2 15 accounted for on an aicruals basis with the Irrecoverable element of VAT included with the item to whlch It relates and has been cla55rfied under headings that a£geate all costs lated to the category. Charttable actlI[eS COTDpr15esall expenditure directly relatlng to the obieclTrves of the chaTIty. Governance costs (included wlthln support C05tsl cornprlsps all tosts assoclated with constltutlon81 and statutory requlrements with whlch the charity must comply. 25 Inve#ments Interests In subsldlarles are Initially measured at cost and subseouently measured at cost less any accumulated impairment losses. The Investments are assessed for impairment at each reportlng date and any irnpairment losses or reversals of Impalrment1055es are recognised imrn£diat£ly in the Statement of Flnanclal Actlvities. Stock Stoeks are vilutd atthe lower of cost and net reallsable value. Debtors Trade and other debtors are recognised at the settlernent amount due after any trade dlKount oflered. Prepayrnents aTe valued atthe amount prepaSd net of anytrade discounts due. 2A Cash at bank and in hand Cash at bank and in hand includes cash and shortterm hlghly liquid investments. Thetrusteesseekto use shorttorm dep05it5to rnaximise the return on mDnles held at the bank and to m8nag& cash flow. credIr$ and provisions Credltors 2nd provlslons are CogntsQd where the charlty has present obliBation SuItIng from a past event that will probably result in a transfer of funds to a thlrd parry and the amount due to settle the obligation can be measured orestimated reliably. 110 Fund Accountlng Unrestricted fundsare to be used in accordan with the charitable oblectlve5 atthe dlscretlon of the Trustees. Restritted funds a to be used for partlcular restrltted purposes within the objerti¥es of the CharV. Restrl¢tloThs arlse when specified bythe donor orwhen fund5 are ralsed for partlcular restricted PUTpose5. 2.11 Critical attountin8e#imatos and judgements In the application of the 8roup's accounting policies, the tru¥ees are required to rnzke judgement5, estimates and as5UmPtlonsaboutthecarrying hmount Df a$5ets and liabilitiesthat are not readilyapparent*rorn tsthersoLsrces.The estimates and associated 4SSUmPtlons are based oll historical experlence and otherfactorsthat areconsideFedto be relevant. Actual re5uItS Tnay differfromthese estimates. The estlmales and underlylngassumpllDns are reviewed on an ongolng basis. Revision5to a¢¢tsunting estlmates are reco8nised In the perlod in whlch the estimat& is revised. The trustees do not considerthat theTe Bre any rritical estlmates or are35 of judÈement that ed io be brought to the attention of the readers ol the flnanclal statements. 19
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) NOTESTO THE ACCOUNTS {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 4 Ieam donatlons a¢KI £rnnts Group 2024 Charity 2024 2023 2023 DOtIonS Grants Giftaid 199,795 168,162 198.673 166,608 25.196 31,580 25.196 31,580 229,991 199,742 22a,869 198,188 All donatlons ceiVed in 2024 and 2023 was unrestritted. 4 Inwme from charltabie artlvltle5 Group 2024 Charfty 2024 2023 2023 Unrestricted income: Income for PTOjPCt5 BU PropertyTrust Enterprlse income- primary Enterprlse Income- primary IVAT exempt) Rental and other income Iprimaryl A22£ 84,211 49,858 23.665 37,610 47,160 42,826 8,827 I712 30,115 8225 78,168 49,858 23,665 37.610 47,160 17.812 30,115 89,764 189.344 242.SD4 182.105 226.461 Restrlcted Incomè.. Income for prolects 158.207 3,670 158207 3,670 347.551 246,174 240.131 5 Income from tradlng artivitits Group 2024 Charlty 2024 2023 2023 Rental and othei Income (non primary) Enterprise income (non primaryl- includin8 tradiTh8 subsldlary 37.093 878.565 5,082 555,500 37.093 5.082 476 915.658 560.582 37.093 5.558 All trading Income In 2024and 2023 was unrestricted. 20
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (CONTINUEO) FOR THE YEAR ENDED 31 DECEMBER 2024 6 Total èxpendlture Stsff CQ5ts other f05t5 Totsl 2024 Total 2023 Expenditure Dn ra151ng funds Fundraising Subsidlary expenditure 10,990 225,391 216 605,607 11,206 830398 8,848 554,110 236,381 605,823 842204 562,958 Expenditure on chzrltable a£tlvltle5 Activities undertaken direEtIy 5uppDrt Costs 212,068 115,164 142.586 53.421 354.654 168,585 421.251 153.217 327,232 196.007 523,239 574.468 $63,613 801,830 1,%5043 1,137.426 Analysls of sUPPQrt Costs lincluding Governance costs) Totsl 2024 Totsl 2023 Gtsvewnan costs Auditors, remuneration foT audit services IndÈpendEnt examination ii.rAJo 4.200 11.000 4,200 support costs Wages and salaries General office and admlnlstyation Auditor< remuneration for non audlt services 115.164 43,581 105,794 LIO,775 2,448 172,085 153.217 Included wlthin other costs are governance costs Telatin8 to the Audit fpe of Ell,00012023.. Independent Exam fee £4,200). This also included auditors, remuneration for non audrf( servlces for payroll. registered office fee5 and t8X SppOrt of £2,340 12023-. £2,448). 7 Trustees DurlnK the year Trustees lor persons connected wlth then)} were relmbursEd Expenses £3,449 12023.. £4,203I. One trustee recelvÈd remuneration and employment bwefits totalling £40,894for his role as Mlnlster of One Church Brlghton durlng the year12023'. £36,637). DuTln8the year 10 trustee$ made donations to the charity totalling £55,360. Donations totalling £2,450 were received from spouses of trustÈe5. 21
ONE CHURCH BRIGHTON ILIMITED BY GUARANTEEI NOTES TOTHE ACCOUNTS {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 8 Staff costs Numberof average employee5 The averaEe numberof employees during theyearwas 2024 Number 2023 Numb AdmSnlstratlon, marketlng and commercial 26 26 2024 2023 Wages and salarles Social security Pension costs $07.344 32,338 23,931 537.730 36,855 26,967 563,613 601,552 There We no employees whose annual remuneration was £f,ly)0 or more12023.' none). The key management personnel of the charlty £ornprise5 the Chaimian. Total employment benef$ Including employers natlDnal insuiance and pension contributions were £40,89412023.. £36,637). 9 Taxation The tharitable company Is reglstered as 3 charity and all of (¢s Income falls wiihln the exemptions under Part 11 ol the Corporatlon Tax Act 2010. lo Subsldlarle5 The wholly owned subsidiary OCB Initiatfve5 Llmited15 Incorporated in England and Wales (company number.. 124479221. The summary financlal performance of the subsidiary 15 a5 follows: 2024 2023 Turnover Other income staff costs Other tharges 884.686 7,239 1225.3911 1673,7921 556.578 6.043 1145,6721 1468,5871 Loss for the yearended 31 December 2024 172581 151.6381 The company generète5 Incorne through retall salesi pr1rn3rlly through the 5kylèrk Coffee café. All activities a consolldated on a Ilne by line basis in the StatemÈn* of Finantial Attivitles Into unresrricted fullds. The 5ubsldlary5hares a principal office address with thE Pat Charity- One Church Brighton owns 100% of the share capltal of OCB Inf£iatives, represented by 100 ordinary share5 of £1. 22
ONE CHURCH BRIGHTON {LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 11 Comparatlvestatement of Flnanclal AcilvStles-Yearended 31 Decèmber 2023 Unre5trfrted funds Res¢rfded nds Totsl 2023 Income from: Donatlons & grant5 Charitable actlvities Other trading Income Investment income- interest income 199,742 242.504 560,582 1,937 199,742 246,174 560,582 1,937 3,670 Total ikKome 1,004,765 3,670 1.008.435 Expendlture on: Rhlslng fund5 Charitable actlvltles 562,958 570.798 562,958 574,468 3,670 Total expendlture 1.133.756 3,670 1,137,426 Net Ie/ lexpendlturel and net movèment Inlund5 1128,9911 1128,9911 Net movement In fvnds Fund ban5 at lJanu3ry 2023 232.717 232.717 Fund balances at 31 December 1023 103.726 103,726 12 Debtors Group 2024 Charfty 2024 2Q23 2023 Trade debtors Other debtors Amounts owed from group undertakin8s 49,858 82,421 61.624 14,345 12,426 66,712 ZOl,683 14,744 5,967 150,437 132,279 7S.969 28OJ21 171,148 Stock Group 2024 Charlty 2024 2023 2023 Stock5 71A20 52.285 23
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) NOTESTO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 Credr(ors: amounts falllng due wSthln one year Group 2024 Charlty 2024 2023 2023 Trade creditor$ Accruals and detefred income Other credrcors 38.684 120,217 11,825 27,440 129,351 28,092 38.684 70.012 11.825 27,440 129.351 14,998 170.726 184,883 120.521 171.789 Deferd Incorr* analys.. Group 2024 Charlty 2024 2023 2023 D2ferred Inwrne at l January 2024 Released in year Deferred in yeir 129?51 1129,3511 65.162 8,671 18,6711 129,351 129,351 1129A511 65.162 8,671 18.6711 129,351 Deferred income 3t 31 December 2024 65.162 129,351 65,162 129.351 IS Credltors: amounts fralllng due In morèthan onè year Group 2024 Chorlty 2024 2023 2023 Buslness loan Is00 The bu51ness loan above was recelved from Turns HoldinES. a company of which Mark Campbell Is a150 a dlrector. The loan Is Interest forthelir5t 2 years. 3fter whlch Interest is charged in line with the Bank of EnE13nd base Tate plus 5%. It15 expectedthat the reFKyment of the capi(al 5ha11 commence 18 months after the comnkncement of the loan. 16 Restrlcted funds The income of the charfty Includes restricted funds compr151ng of the followlng donatlons and grants held for specifk purpose5', Balance at l January Z024 Incomin resources Resources expensed Trdn5fer5 Balance at 31 December 2024 CLA grant Shad pr05perTtyluTtd Su55ex Cornrrunlty Foundatlon enefactTru5t Westhlll Endowment Garfield Weston SHED RoZ 5,0(K) Is,0} 15,0(M)I 13,2071 125,0001 120,0001 125.0001 122,1051 1S,0[ 3,207 75.OCK) 20.0(K) 25.QOD 20,0(K> 5,OCK) 50,000 9,018 5,000 6.913 5,000 158,207 1110,3121 14.018 61,913 24
ONE CHURCH BRIGHTON {LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16 Rèstricted fund5 Icontinuedl aA8rant- funding provided to support project staff costs for the Rock Farm. Shared Prosperity Fund - funding provlded to support the acquisition of afi ecargo bike to supwrt coffee and food deliverie5. Sussex Communlty Foundation- Funding provided to support thÈ Rock Farm project. Benefa¢t Trust-fundlng provided to support the One Thing Communlty Programme. Westhill Endowment-fundlngto provide supportto the One thurch Brlghton Youth ProJect. Ganleld Weston-fundlnE pmided to supportthe Pro Barista Prolect. SHED- funding provlded to support stsff costs for the Re3ding Room and Youth work. R05az-funding provided to support costs incurred operatingthe Chomp Project. Trdnsfers-This represents restricted funds previousty recoÉfiised as unrestrfrted nds. 17 Awtatysis of net assèts between fvnd5 Group Unrestrl¢ted *unds Restricted funds Totsi Fund b31ance5 at 31 December 2024 are represented bv.. Current assets Credttors.. falling due wlthin year Credrtors.. falling due In morethan one year 367,341 1170,7261 125,0001 61.913 429254 1170,7Z61 125,0001 171,615 61,913 233,5Z8 Unrestrlcted funds Restrlcled fvnds Total Fund ba1afiTrs at 31 Dember 2023 are representEd by: Current a55ets Creditors.. falling due within one year Creditors.. fallink due In morE than one year 288,609 1184,8831 288.609 I18483) 103,726 103,726 Charity Unre5trl¢ted fund$ Restricted fund5 Total Fund balances at 31 December 2024 are represented bv.. Investments Current a55ets Creditors.. falling due wlthin one year l(K) 344.?_03 1120.5211 i(M) 406.116 1120.5211 61,913 223,782 61.913 285.695 25
ONE CHURCH BRIGHTON (LIMITED BY GUARANTEE) I¥JOTES TO THE ACcOUPs ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 17 Analysi$ of net a55ets betweenfvnds l¢ontinuedl Unrestrfcted funds Restrlcied funds Ttytal Fund balances at 31 December 2023 are represented by.. Investments Current assets Creditor5- falling due wlthin one year loo 320,326 1171,7891 IOD 32026 1171,7891 148,637 148.637 18 tommltrnènts undèr operatlng leases As at 31 December 2024the group had total commltments under non-cancellable operatlng leases payable as follows.. Land & BulldSn8S 2024 Other 2024 2023 2023 Wlthln one year Between one and five years 25,325 50.LIXI 25,325 75,000 1.104 4,140 75.325 100.325 19 Lkbllltyof mert*ers One Church Brighton is a company litntted by guarantee and has no share capital. In the eventof th2 company beifftgwound up the liability of the members is limlted to £1 each. 20 Related partle5 and control The key management personnel of the charity and Sts subsidiary included the Trustees and the Minister. Total coThslderation Ilncludlng ernployerfs national Insurancel paid to key managemeni personnel during the period is disclosed In note 7. The charlty has taken advantage of the e¥emptlDn. under the terms of Financial Reportlng Standard 102 The Financial Reporting Standard 4pplicable in the UK and Republic ol Ireland,. not to disclose related party transactlons with wholly owned subsidiaHes wilhln the 8roup. Other related party tnsaCtIonS are disclosed In notes 7 and 15. 21 Control The charlty was underthe control of the Trustees during the period of review. 26