CHURCH OF IMPACT LIMITED
IA ¢tynpany lknlted by g￿rnnI••
Report and Financial Ststements
Year Ended 31st December 2024
Contents
Legal and Administrative infornwtion
Advisors
Aims.Objectives and Activities
Financial Revi¢w
Structur4 Governance & Management
Jnd¢p¢ndent Examiners Report
io.
Statement of Financial Acttvities
Balance Sheet as at 31. December 2024
12-17. Notes forn)ing part of the Financial Statements

CHURCH OF IMPACT LIMITED
Legal & Administrative Information
Chrity Name:
Church Of Impart Limited
RegLqtered CbHrity Nurnbtr..
1143124
Cojwny NumbEr:
7666917
FIM*thti*t Y¢or btgittnlng:
1st Januw 2024
FIll•wI￿ Y¢artndlng:
31s¢ Decemb¢r 2024
ChwTity's PrThciplE Address:
Gre¢nbank Rorf Liske•rf Cornwall. PL14 3DP
Offl¢erB of tbt Cbxrlty durlr¥ thE
Slcphen Ct%5idy Pastor. Dit#tor
Dav￿ Shephetd Comparty Seuetary
Susan GHJ¢
David Berry
D￿e(tor

CHURCH OF IMPACT LIMITED
Church Advigors
Bank•rs
Barel¥y5 Bank Plc..
l4￿146Ar￿￿Way,
Flyrnouth
PL1 1LA
Lcountants
H*vken & D￿d,
52 Ftye Str*t,
Cornwall.
PL17 7KJ
Pag¢ 2

Church Of Impact Limited
Our Aims and Objectives
Pu
oses and aims
Our charitys Purposes as set out in the objects conlained in the company's articles of
association are for the benefit of the public:
To advance the Christian faith accordance with the Statement in such ways and in such
parts of the United Kingdom or the World as the directors may from time to time think fit.
To relieve sickness and financial hardship and to promote and preserve good health by the
provision of funds, goods or services of any kind including through the provision of
counselling and support in such parts of the United Kingdom or the world as the directors
may from time to time think fit.
To advance education in such ways and in such parts of Unit¢d Kingdom or the world
as the directors may from time to time think fit.
our work delivers our aims
Ensurin
Our Ar]nual Review looks at our achievem¢nts and the outcomes of our work in the
pievious 12 months. The review looks at each key activity and the benefits they have
brought to those groups of people tlw were set up to help. This helps us to ensure our
aini objectives and activities remain focused on our purposes ￿ stated ab)v¢. We have
ref¢rred to the guidance contained in the Charity Commission's general gUida￿e on public
benefit when reviewing our airns and objectEves and in plamjing our future activities.
Our Activities
Church Activities
The church has continued to grow in love and unity.
With time devoted to prayer, fasting and to the word - the church family is stronger and
growing in numlxr. The growth is steady but the emphasis here is strength and family. We
have seen many facets of th¢ Christian faith in servanthood, assisting others in financial
need. healing and love.
The chU￿h meets regularly every Sunday for worship, Wednesday evening mid-w¢¢k
service, and Friday morning prayer and f&sting.
In additioo the Worship Team n￿et every Friday for practice.
Page 3

Church Of Impact LimRted
Church Of Im
act Limited End of Year Re
ort 2024
Gr¢¢nbank Care
Cvreenbank Care, the Church's domi¢iliary care agency, was successfi￿Y sold on June 29th
2024. Enabling the smooth transition of care for clients, some of whom we had looked
after for many years. and the continuation of employment to the wonderful staff.
Impact (Tmagine Making People's Attitudes Change Today)
Impact was launched in 2013 as a project providing Day-care service4 working with
adults with learning difficulties. This ministry has grown to support approximately 20
adults from Monday to Friday with a Tange of activities allowing them to develop skills
and access to the community that they would not oth¢rwis¢ experience.
Page 4

Church Of Impact Llmited
ort to Missions
We have maintained regular financial support for Christian missionaries both at home and
abroad. Our financial statement Sp￿lfieS our church's commitment to this astwt of Christian
service. We ¢ontinue to give regularly to the following ministries:
World of Worth- supporting children and Bible college students in India.
Compassion- Sponsoring children in Uganda through to adulthood.
Colombia. Int￿natiOnal Church support.
Open Dix)rs - Serving Persecuted Christians Worldwide
Christian Institute
Page S

Church of Impact Limited
Financial Review
Fundin
Principle ftu]ding sourc¢s for the charity ar¢:
Church. offering4 donations, legacies and grant fimding
Greenbank Care (for part of the year onty). Cornwall Council and Private client fees, grant fill￿ing and
Impact; Grant funding. fees and donations.
Reserves Polic
The Trustees have examined the charity's requirements for r¢s¢rves as against the main financial risks
and have estab]ished a policy by which the unrestricted and designated fLmds not committed or invested
in tangible fixed assets should be between 3 and 6 montELS of exp¢nditur¢.
At 31 December 2024 the net current assets in the unrestricted and designated funds just under 2
months of nomMI expenditure.
Future Plans
With the assurity of increased growth and church numlxrs, tIH)ught and prayer is now being gkven to
further services and Bil)le teaching classes to prepar¢ the church.
Page 6

Church Of Impact Limited
Structure. Governance and Management
Govemin
Document
Church of Impact Limit￿ {forn]erly Gyeenbank Community Church) is a company limit￿ by guarantee.
iD¢QTP(Trrated on 13th June 2011 and ￿lStered as a charity on 27th July 201 l. The company was
established under a M¢Tnorandum of Association which established the objccts and powers of the
¢haritable company and is govemed under its Articl&s of Association. In the event of th¢ company being
wound up members are rrquired to wntribute an amount not exceediTJg £1.
In addition lo the Articleg of Associ￿lon the directors have adopted a Church Management Documcnt
thit should be read in COlljUT]¢tion with the Articles. The Church Management Docu¥n¢nt is subsidiary
to the Articles of Association and all temJ5 US￿ ID th¢ Church Management Docuraent shall hav¢ the
meaning attributed to them in the Articles.
intment of Direclors
The directors of the company are also charity trnstees forthe pU￿oSeS of chwity law. Under the Church
Management Document all dirtxtors are members of the charitys n¥ll￿gement committee known as the
Church Council.
Under the Articles of Association th¢ directors shall comprise the Senior Minister of the church together
with such persons &8 the Senior Minister shall nominale and the directors ￿￿Y from time to time
&ppoinl. DiredoTS are not required to retire by rolation.
Temis for the resignation, disqua]ifi(xtion or removal of direetora are as required by the appropriate
sections of the Articles of Association.
Details of persons serving &5 directors and membet3 of thc Church Council are as Shown on the Legal
and Athninistrativ¢ s¢ction on page l of this report.
anisational Slruclure
The ministry and work of Church of Impact Limited is oVe￿een by the Church Council that meets on a
regular basis and at leost 6 tim¢s each year. Th¢ rtsponsibilities of individual dtrectors are as delegated
by lh¢ Senior Minister and Sentor Leader. who is also ihc Chairnwi of the Chur¢h Council. The Senior
Lead￿ has overall responsibility for ensuring ihe charity deltvers s¢rvi¢e5 and public benefit in
accordanee with its ain￿ and objectives &8 laid out in the Articles of Associalion.
chU￿h Of Impact Limited is in fellowship with the national d￿rity Assembli¢5 of God in Great Britain
which ￿nCtiOns through its Gen¢tal Conf¢r¢nc¢ and Regional Councils. A wresentative/d¢lyt¢ is
appoimed to rep￿sent and vote on behalf of the church at such meetings.
Res onsibilities of Directors
Company law requires the directOTS to prepare financial statements for each fiTJancial year that give a
In￿ and fair view of the companies affairs as al the balance Sheet dale. The financia] ￿atements should
include dctails ofthe charitys income, expenditure and appli¢&tion of ￿So￿Tru for financial year.
In preparing the financial statements the d1￿CtO15 havw.
a) Selected suitable accounting poli¢ics and applied them consistently.
b) Made judg¢m¢nts and eslimtes thal are re&8onable and pn￿¢llt.
c) Pr¢pared the financial statements on a going concern basis.
Pag9 7

Church Of Impact Limited
Res
onsibilities of Directors
continued
The directors are responsibk for maintaining proper accounting records which disclose
with reasonable accuracy at any time the financial position of the charitabl¢ Company and
to enable them to ensure that the financial statements comply with the Companies Act
2006.
The directors are also responsible for safeguarding the assets of the company and hence for
taking reasonable steps for the Prevention and det¢ction of fraud and any other
irregularkties.
In accordance with company law the directors certify that:
So far as w¢ are aware, there is no relevant financial infornmtion that has not been
provided to the company's accountants in order for them to undertake their independent
examination of the financial statements.
As directors of the company we have taken all of the steps that we ought to have taken in
order to make ourselves aware of all rel¢vant fmancial ]nforn￿l]0n and to establish that the
chaTity's accountants are supplied with that infornjation.
Inde
endent Examiners
The directors agre¢d to re-appoint Messrs. Daw¢ Hawken & Dodd as the Company's
accountants and independent examiners for the year ending 3 1st December 2024 and
Messrs Dawe Hawken & Dodd bave expressed their willingness to continue in that
¢apacty.
Statement
This report has been prepar¢d in accordance with the Statement of Recomm¢nded
Practice: Accounting and Reporting by Cl]arities and in accordance with the special
provisions of the Companies Act 2006 relating to small entities.
Approved by the Directors and signed on their behalf by:
David Beny (Director)
Dated .
Page 8

Inde
endent Examiner's Re
to the Directors of Church of Im
on the Accounts for the
act
ear ended 31 December 2024
st
I report on the accounts for the year ended 31" December, 2024 which are set out on pages 10
to 17.
Respeetive Responsibilities of the Directors and Independent Exydminer
The charity's directors consider that an audit is not required for this year under section 144{2)
of the ChaTities Act 2011 (th¢ 2011 Act) and that an independent examination is needed.
It is my responsibility to-
examine the accounts under section 145 of the 201 l Act.
follow the procedures laid down in the General Dtrections given by the Charity Commissioners
section 145(5)(b) of the 2011 Act. and
stale whether particular matters have come to my attention.
Basis of Independent Examiner's Statement
My examination was carried out in accordance with the General Directions given by the
Charity Commission. An examination includes a review of the accounting records kept by the
charity and a comparison of the accounts presented with those records. It also includes
consideration of any unusual items or disclosures in the accounts, and seeking explanations
from the management committee concerning any such matters. The procedures undertaken do
not provide all the evidence that would be required in a full audit, and consequently I do not
express an audit opinion on the Accounts.
Independent Examiner's Statement
In connection with my examination, no matters have come to our attention:
l) Which give me reasonable ¢ause to believe that in any material respect the requirements
to keep accounting records in accordance with s. 130 of the 2011 Act. or
to prepar¢ accounts which accord with these accounting records have not been met. or
2) to which, in my opinion, attention should be d
accounts to be reached.
wn in order lo enable a proper understanding of the
Andrew Farr FCCA
DaTrve, Hawken & Dodd,
Chartered Certified Aecountants,
52 Fore Stree
Callingtoll,
Cornwall.
PL17 7AJ
Daied.. 22nd July, 2025
Page 9

Church Of Impact Limited
Statement of Finaneial Activities
Year Ended 31st December 2024
Unr•stii¢t¢d D¢8lgnatsd Restrict
Funds
Fund$
Total
2024
Total
2023
INCOMING RESOURCES
Voluntary income
Income from ministries and fundraising
Income from charitable activities
other incoming resources
Investment income
Pr¢Jceeds of sale of Greenbank Care
66.749
66.749
86,240
2b
2c
331.BB8
331.888
420,185
3,448
2d
2e
60
84,395
£0 £485.636
84,395
£416.283
£69.353
£509.873
RESOURCES USED
Outward giving
Church act¢vilies
Chaiilable & ancillary trading
M8n8gement and a(Jminislration
Depre(¥ation
3a
3b
9,953
757
9,953
757
10,944
132
313.690
313.690
125,567
8,875
£0 £458.842
372.068
96,620
8,021
£487,785
125.567
3.115
£139.392
5,760
£319.450
NET INCOMING I (OUTGOING)
RESOURCE8
170,039
96,833
26.794
22.088
GROP￿ TRANSFERS BEfwEEN FUNDS
108.395 (108,395)
NET MOVEMENT IN FUNDS
£38,356
1£11.5621
£26.794
22,088
Brought forward 1st January 2024
269.798
99,005
219
369,022
£346,934
BALANCES AT 31st DECEMBER 2024
£308.154
£87.443
£219 £395.816
£369.022
Page 10

Chureh Of Impact Limited
Balance Sheet
As at 31st December 2024
Total
2024
Totsi
2023
Fund¥
FIXED ASSETS
TaThgibl8 f￿8d assets
InVe61ment￿OIs
329.650
338.183 324.041
£8.533
183 £324.041
Debtors & prepaymenb
Cash at bank artil in halld
4,492
14,914
£19.406
74.104
70.111
£84,215
78.
31.818
25.244
62.996
£103.840 £94,814
219
£219
CURRENT LIABILtTIES
Arnoutttslallitsy dup vthhln omjwr
NET CURReNT ASSETS
3.616
£15.790
8.921
9,808
£94.919 £85.006
£78.910
£219
219
433.102 409,047
CRED￿ORs.. Am￿nts tslllny dug aftsr
more than one year
fjb
37286
154
37.286
40,025
£396,816 £369.022
NEf AS8Ers
£87A43
£219
FLINDS
Op8ning bolancoB
Sur￿$1{Dofir￿)
269.798
38,358
99.005
111.5621
219
26.794 22.088
£308.154
£219
£395M16 £369,022
Forthe year endirwJ 31112r2024 the wpany was entbued to exemplion from audri under Section 47T ofthe Comwies Act
20(6 relaling to sm811 compan18&
Thp membwy have not Tequired the t￿MpanY lo olA*n an audit ofits accounts f(Ktho ats)Jrdance
Sedon 476.
The Ifirectors acknowledge their responsibil￿e$ for c￿MplyIng vrilh the requirwwnts of the Actwith respect to
aco)unltng records atMI the preparation of accounts.
These accKoJnts hav& b8en prepared ￿ a￿)[dance y￿11] the provlsk)ns appli(*ble to ￿￿panIeS subiectto Ihe small
companies'regima..
Approvgd by the Churth Councll Mg¢ting held on
and $bJned on it8 behallby.
S Cassidy
Pag811

Church Of Impact Llmited
Notes to the Financial Statements
Year Ended 31st December 2024
AccouiifiNG POUCIES
Basi$ of accounting
The Financial Statements have been prq)ar¢d in accordance with applicable ac¢ountxng standards
and the Charities Statement of RecomM￿ed Practice (SORP) 2005. They have also IKen
prepared under the historical cost convention, including the value shown for the freehold land
and buildings owned by Church of Impact Limited .The ac¢ounts include all transactions, assets
and liabilities for which the directors are responsible in law. They do not include the accounts of
church groups that owe their main affiliation to another body nor those that are inforn)al
gatherings of Church members.
Change in basis of aeeounting
There has ￿￿en no change to the accounting policies (valuation rules and methods of accounting)
since last year.
Changes to previous accounts
No changes have been made to accounts for previous years.
Incoming Resources
Voluntary income and capital sources
Tithes and Offerings ar¢ recognised when received by or on bebalf of the Church.
Special offerings are recognised when received by and on behalf of the ChurclL
Incoming resources from tax reclainls ar¢ included on the SOFA at the same tlme as the gift to
which they relate.
Other ordinary income
Sundry receipts of incorne are accounted for when rw¢ived.
Jncomefrom inveslmen¢s
Dividends and interest are accounted for when receiv¢d. Tax recoverable on such income is
recognised in the same accounting year.
Gains and losses on inveslments
Realised gains or losses are recognised when investments are sold.
Unrealised gains or losses ar¢ accounted for on r¢valuation of investments at 31 December.
Resoure¢5 used
Otltward Giving
These are accounted for when paid over, or when awarded, if that award creates a binding
obligation on the Church Council.
Activities directly relating to the work of ihe church
These are accounted for when actually paid out.
Page 12

Church of Impact Llmited
Notes to the Financial Statements
Year ended 31st December 2024
2 INCOMING RESOURCES
Unrestrlcted Deslgnatod Restrlcted
Fund8
Funds
Funds
Total Funds
2024
2023
2a Volunlary income
Tithes. offerings and donations
Tax refvnds
62,053
4,696
£66,749
62,053
76,275
4,696
9,965
66,749 £86,240
£0
2b Income from ministries & fundralsing
Saltash Church
Youth and children's ministy
£0
2c Income from charltable actlvlties
Greenbank Care
Impact
102,427
229,461
102.427 262.688
229,461 157,497
£0
£331,888
£0 £331,888 £420,185
2d Oth•r incoming resources
Income from fees etc.
Grants received (incl Furlough)
Sundry income
2,544
2,544
£2.544
3,448
£3,448
2e Income from InveBlmonts
Bank interest weived
Dividends received
60
60
60
60
2f Salo of Greenbank Care
154,J96
£416,283
84.395
£0 £485,636 £509,873
TOTAL INCOMING RESOURCES
£69,353
Page 13

Church Of Impact Limited
Notes to the Financial Statements
Year ended 31st December 2024
3 RESOURCES USED
Unroltrlctsd D••tgnat•d R•Jtiictsd
Funds
Fund#
Fund•
Totsl
2024
Total
2023
3a Outward Gfvlng
Tithe$ and offerings
Grfts to mi$sK)naiies & vBiting ministers
Mission, Pastoral Care, Outteach & Hosthlty
4,940
3.9YS
550
6.419
£10,944
5.013
£9,953
5,013
£9,953
3b Church A¢tivitios
Youth & child￿n$ ministy
757
£757
757
£757
132
£132
3c Chavlt*bkn and Ancillary Trading
Greenbank ¢arn and Imp*¢t
Wages & SaJaTre8
mini$tfation
Insurance
Training
Mileage Costs
Sundries
Minibus
F888 & S￿bscr￿tioftts
Bad Debts
280,852
280,852
333.362
1.584
918
12,750
4.625
10,490
310
310
7,770
9,979
11,048
871
9.979
17.¢M8
871
£313,890
£313,690 £372,068
3d Managem•nt& AdmlnS•htkJn
Electricty & Ga5
Watsr charyes
Telephone & intemet
Recycltng & waste disposal
Consumabbs
Office & adMIn￿tratiOn
Insurance
Fees, Sub5cription8 & Givarn8nc•
Conferen¢e5 & training
G.C.C. Salari85, PAYE & peThsions
Property maintenancè
Equipment maintenanc•
Loan interest
M8rketing incl rtrbranding
Sundry exronses
4.046
733
4,046
3,961
631
926
1.772
2,221
1,829
5.509
5.033
63.460
29.024
2.282
2,￿1
2,221
1.829
5,509
5.033
63.460
29.024
2,282
2,851
303
1.805
3.981
3.379
80.251
10,099
797
3.245
890
2.936
£96.620
5,107
£125.587
5.107
£0 £125.567
£0
3e Flxed As¥•t D•preciatlon
L0551lprofrtl on di8posal
Equipm8nt
3,020
£3,115
5,760
£5.760
8.780
£8.875
8.021
£8,021
£0
TOTAL RESOURCES EXPENDED
£139,392
£319MSO
£458I42 £487.78S
Page 14

Chureh Of Impact Limited
otes to the Financial Statements
Year ended 31st December 2024
4 FIXED ASSETS USED BY THE CHURCH
4a Tanglblo Flx•d A$8•ts
Land and
Building8 Equlpment
Vohi¢
Total
Cost
Al 1st January 2024
Addition$
Disposals
At 3181 December 2024
28,799
303,478
10.754
38,140
12,263
637
49,766
370,417
23,017
637
392,797
28,799
314,232
Depreciallon
At 1st J8nuary 2024
Charge for the Year
Rèlating lo Dispo8818
Al 31st December 2024
17,280
5,760
29,096
3.020
542
31,574
46.376
8,780
542
54,614
23,040
N•t book valuo
At 3181 December 2023
£11,519
£303,478
£9,044
£324,041
Al 31st December 2024
£5,7S9
£314,232
£18.192
£338,183
The Freehold Land and Buildings brought forward comprise ofthe G￿enbank Communtty Church
building in Greenbank Road.The values calculated from the original costs plus all expenditure incurred
to tsnovate both the interior and exterior of the buikling. Additional capital expand￿ture 1$ shown when il
is Incu￿d, and geneTal repairs and maintenance costs are shown as revenug expenditure in the
income and expenditure account.
6 Currnnt Assets
Vnrestrictod D&signatsd Rostrlcted
Funds
Funds
Funds
Total Funds
2024
2023
5a Dabtors & pr•payments
OtherTaxalion & Social Security
Sale of Greenbank Care
Impact
4.492
4,492
57,000
17,104
£78,596
57.lJOO
17.104
£14,104
31.818
£31,818
£4,492
£0
Page 15

Church Of Impact Limited
Notes to the Financial Statements
Year ended 31st December 2024
6a CREDITORS due wlthln one yoar
Unrestrlcted Designated Restrfcted
Funds
Funds
Funds
2,180
678
758
Total Funds
2024
2.180
5,263
1.478
2023
1,800
Bank Loan due in 1 year
Creditors
Ac¢nJal$
Other Taxatton & So￿31 SOCUI
4.585
720
1,180
6,828
£9,808
£3,616
£5,305
£8,921
6b CREDITORS duo aftsr more than ono y￿r
Bank loan due in more
than 1 year
£37.286
£37,286
£40.025
7 STAFF COSTS
staff Costs during tho yearwas as follows.
2024
325,392
18,920
£344.312
15
2023
375,545
20,454
£395.999
20
Gross Pay
Employers Nl
Average number of employee5 during the year
The following Trustees were employed by the Charity ¢Juring the year..
Stephen Ca$$idy
Senior Pastor
David Berry
Trustee
8 TRANSACTIONS W￿H TRUSTEES AND RELATED PARTIES
The amount of payment or reimbursemtnl of oul of pocket expenses made to Iruslees and
persons connocted to the Iru$lee3 duriring th* year was as follows.
Destrlption of tho
transaction
Managerfs Salary
Senior PasloV$ Safary
Salary
Salary
Salary
Buitding Works
Nam• of Trusts• or
related party
Sarah Berry
Stephen Cassidy
David Berry
Liliana Cas8Sdy
EABerry
N Berry
9 ACCOUNTANCY FEES
Professional fees in mspsct of Independgnt Examination of the
Financial Ststements.
Rol#tionship to Chaflty
Wrfe of Charity Trustse
Charity Trustee
Charity Twstee
Wife of Charity Trustee
Child of Trustee
Child of Trustee
Amount
£33,052
£25.633
£15,457
£25,633
£15,219
£7,581
2023
2024
£1
£1,260
Page 16

Church of Impaet Limited
Notes to the Financial StatemeDt5
Year ended 31st December 2024
10 FUND DEfAILS
10a Unrestrl¢t•d Fund•
Unrestricted funds a￿ not subje¢tto any restrKtsons in regard their use and 8ro available for
ap￿IcatIon on the general purposes of the Church Council.
10b Deslgnated Funds
Designated fvnds repfesentthose parts of unfestricted funds Ihal the Church Council have
designated for a speafic pu￿0$0.
Nam6 of Fund
Impact Fund
Minibus Fund
Main Pu
Funding lrnpact
P￿vIsion ol minibus
f Fund
Main sour￿ of Incomè
Ancillary trading
Grants & Donatsons
Balance
87.443
£87A43
10c R￿tr1¢ted F￿n￿5
Restricted fvnd5 represent monies given for a ￿p￿tfiC Purpose. and may only be used for that
purpose. Those funds are not 8V8i18ble to th& Churth Counc¢l for use towards Ihè general
njnning ofthe church. The various restn.cted funds an¢J thtr balances hekl at 31 December 2024
are as follows.
Name of Fund
Lyte Fund
inPu
se of Fund
Youth Work
Main Source of It￿0M
Grant
BBlan
219
£219
Endowment Funds
There are endowment funds hejd 81 wesent.
M0￿M#￿t of maJorfund$
N8rne of Fun
Impaci Fund
Minibus Fund
Building Development Funi
Lyt$ Furxl
10d
Brou
Fwd ￿1n Lmè Transfers Carried Fwd
416,283
319,450
-108,395
87,443
219
219
Total F nds
£99,224 £41e.283 £319,450 4108,395
£87,662
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