ARGYLE COMMUNITY CHURCH READING
FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 DECEMBER2024
Registered Charity number
1143357
Company number
7714084

ARGYLE COMMUNITY CHURCH READING
FINANCIAL STATEMETrtrs
FOR THE YEAR ENDED 31 DECEMBER 2024
CONTENTS
Pages
Reference and Administrative Details
Trustees, Report
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
io
Notes to the Accounts
11-16

ARGYLE COMMUNITY CHURCH READING
REFERENCE AND ADMINISTRATIVE DETAILS
Charity number:
1143357
Company number:
7714084
Registered office:
Argyle Community Church
Argyle Road
Reading
Berkshire
RGI 7YL
Trustees:
The following Trustees served during the year and up to the date
of signing of the Trustees Report:
Hazel Andrews
Cleve Chevassut (Chairman from 8 April 20251
Sandy Forshaw (Chairman till 8 April 20251
Yvette Mukandori
Christopher Rayer5
Jeremy Richardson Iresigned 19 February 20251
Jonathan Rout
Secretary:
Christopher Rayers
Treasurer:
Kingsley Kwok
Independent Examiner:
Andrew Geary
Geary Partnership
Chartered Accountants
159a Chase Side
Enfield
Middlesex
EN2 OPW
Principal bankers:
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Solicitors:
Lawson Lewis Blakers
11 Hyde Gardens
Eastbourne
East Sussex
BN214PP

ARGYLE COMMUNITY CHURCH READING
TRUSTEES, REPORT
FOR THEYEAR ENDED 31 DECEMBER 2024
The Trustees (who are also directors of the charity for the purposes of the Companie5 Act) present their
annual report together with the financial statements of the Argyle Community Church Reading Ithe Company)
for the year ended 31 December 2024.
The Trustees confirm that the Annual Report and financial statements of the Company comply with the
current statutory requirements of the Company's governing document and the provisions of the Statement of
Recommended Practice ISORPI Accounting and Reporting by Charities IFRS 1021, effective l January 2019.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Constitution
'Argyle Community Church Reading, is registered as a charitable company and incorporated under the
Companies Act 2006 as a private company that is limited by guarantee, with a registered office sltuated in
England. The Company was set up by a Memorandum and Articles of Association on 21 July 2011 and does not
have Share Capital. On 31 March 2012 the assets of The Bethel Trust and the Manse of Argyle Chapel Trust
were transferred to the Charity.
Organisational structurei governance, risk management and decision making
Argyle Community Church is an independent Bible-based Christian Church located in Argyle Road, Reading.
We recognise under God a group of Elders who, with the guidance of the Holy Spirit, encourage the spiritual
life of all members and provide leadership and direction in the Church's ministry. These Elders include a
Pastor, Jamie Cater, whose gift in teaching, pastoral care and outreach has been recognised by the Church, and
is appointed and employed by the Church to exercise such a ministry.
Until August 2024 the Church employed Lizzie Starkey as Youth and Children's Worker IYCWI.
Following Lizzie's resignation for personal reasons, the Church employed Zach G Wilson in this role from
September 2024. The YCW has overall responsibility for ministries to and/or irbvolving young people land,
where appropriate, their families) although the ministries may be headed up by other church members.
In addition to employing Zach on a ftjll-time basis, we were able to employ Claire Shepherd as an additional
YCW in a part-time capacity lone to two days/weekl,' apart from supporting Zach, Claire took on a mentoring
role with the teenage girls.
The Church has a Treasurer who maintains the financial accounts and produces annual predictions of
expenditure needs: additionally, they administer offerings made to the Church, reclaim tax from HMRC for Gift
Aided donations, arrange the payment of staff (through Stewardship Services payroll sy5teml and payment of
expenseslinvoices as necessary, and distribute monies in accordance with the wishes of the Elders. Our
Treasurer resiEned after over 10 years, service at the end of 2024, handing over responsibilities to a new
Treasurer from January 2025 following a period of training.
A5 a registered charitable company, we also have a group of godly Trustees who are responsible for and carry
out their statutory duties as Directors of the Company. The Trustees have systems in place to identify and
review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide
reasonable assurance against fraud and error.

ARGYLE COMMUNITY CHURCH READING
TRUSTEES, REPORT, continued
FOR THE YEAR ENDED 31 DECEMBER 2024
Organlsational structure• governance, risk management and decision makingi contlnued
To assist the Church and the Trustees with their governance resporbsibilities we subscribe to the Stewardship
Advice Service for help with legal matters and thirtyone.'eight (formerly CCPASI for matters relating to
Safeguarding. We have a Safeguarding officer who, together with her deputy, manages any safeguarding
issues or concerns. One of the Trustees has particular oversight responsibility for Safeguarding lalthough all
Trustees recognise their individual responsibility in thi5 areal.
OBJEcfivES AND AcfiviTIES. ACHIEVEMENTS AND PERFORMANCE
Object5 and aims
The purpose of the Church is the advancement of the Christian faith lin accordance with the Statement of
Beliefs set out in the Memorandum of Association) in the surrounding neighbourhood, in Reading, in the
United Kingdom and in overseas countries where we have connections. Our Christian faith is given practical
expression in the local community arbd further afield through various forms of social action.
Worship and service
Our main act of corporate worship is on a Sunday morning, with a combination of singing, prayers, teaching
and other supporting content, with separate activities IL-Zone and T-zonel for young people during part of the
service. Although struttured this is a generally informal time. The teaching Isermonl 15 primarily undertaken by
the Pastor, supplemented by occasional guest speakers, following a programme of topics and Bible passaEes.
Since early 2020 this seTvice has been live-streamed on our YouTube chanrbel Ihttps'./lwww.
youtube.com/argylecommunitychurchl. As in previous years, we have taken advantage of our streaming
software to include remote presentations and pre-recorded sermons when a speaker could not be present
locally. Although not live-streamed we were also able to make available online the video of a service we held
outdoors in the summer.
During 2024 we held 3 baptism services, with nine church members affirming Jesus as their Saviour.
Communion (the Lord's Supper) is normally celebrated every week, either in the Sunday morning service or as
part of a Sunday evening prayer meeting.
Other meetings for prayer, Bible study, fellowship and mutual support are held at various times during the
week. Some of these meeting5 use Zoom lor 3 hybrid of Zoom/live attendance) where this makes practical
sense, for example: Elders, prayer meetings at 7..30am on a Friday morning. or lifegroup or evening prayer
meetings in the winter months.

ARGYLE COMMUNITY CHURCH READING
TRUSTEES, REPORT, contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
Public beneflt
We look to be active in our community seeking to help our neighbours through friendship and social action,
providing activities designed for young and old, men and women, families and the many different nationalities
that live nearby.
To this end each week we run..
English Language classes for Internationals- term-time only I'Bridges'l,'
a parent/carer and toddlers group I'Honeypot'l
weekly pre-booking is required to ensure numbers
are manageable;
a parent/carer and baby group I'Little Bees'l- no booking has been needed for this-
a youth evening 'Connect' Ifor year 95 and abovel-
a debt counselling service, in partnership with 'Frontline'.
With support from other local churches we host an international cafe, 'iCaf'. twice monthly in a local
community hub- this is a social event primarily for internationals, giving them an opportunity to use English in
an informal setting.
Along with other churches we are a full partner of Torch Ihttps'./ltorchhub.org.ukl which offers 'A helping
hand from local churches. to those in need in our area.
Throughout the year we hold regular and irregular social events. such as a men's breakfast lat the local IKEA),
a ladies, coffee morning, and men's and ladies, walks.
The church building and its facilities have also been available, subject to certain criteria, for use by individuals
and local or national organisations for private use such as parties, meetings or conferences. In particular in
2024 we had arrangements with Hope into Action (Reading), 2..19 Teach to Reach, Grow Faith, and Horizon
Therapies for regular use of our building.
We also regularly support, both financially and prayerfully..
local social action organisations such as 'Christian Community Action, (furniture exchange and social
care advice), The Mustard Tree Ihelping individuals in needl, and Street Pastors,.
Christian organisations working in Reading schools, such as 'Reach' and 'REln5pired';
Christian workers with whom we have particular contact, in the UK and around the world.
In 2024 we supported the TearFund 'Big Quiz Night, and raised almost £500 for this organisation.
A5 a result of the above activities and links, there are tangible benefits in personal and family relationships
including those affected by drug and alcohol related problems, as well as deeper spiritual relationships for all.
As a Church we support Fairtrade, ethical and sustainable products as much as possible, for our beverages.
consumables and cleaning materials. We look to recycle plastic and paper waste, collect food waste after
Church lunches, and have had solar panels for over ten years.

ARGYLE COMMUNITY CHURCH READING
TRUSTEES, REPORT. continued
FOR THEYEAR ENDED 31 DECEMBER 2024
Integration of International church members
One of our 'straplines' is 'A church for all nations, and we are pleased to welcome worshippers of many
nationalities from across the world.
From September 2021 in particular, a number of immigrants from Hong Kong have joined us and become an
integr31 part of the fellowship taking on key roles, joining rotas and helping lead services- a Cantonese-
speaking lifegroup meets twice a month and in 2024 two Cantonese-language Alpha courses have taken place.
No separate Cantonese fellowship is planned.
To help those in the Church who are from Hong Kong - and their friends/contacts - settle in the UK we have
run a number of Welcome Courses over recent years, in conjunction with the UKHK organisation, explaining
about healthcare and other aspects of life in the UK. In 2024 this continued with a course in the Autumn with
over 50 people registered.
Although Hong Kong members form a significant proportion of the Sunday morning congregation, we have
welcomed many other nationalities, in particular Spanish and Portuguese speakers, some of whom were living
in Reading with refugee status.
As many new people have recently joined Argyle certain Sundays during 2024 were designated 'Label Sundays,
when we wore name labels and got to know each other better.
Exceptional financial expenditure
As mentioned in last year's report it had become apparent in recent year5 that the external fire escape steps
leading from the upper room at the south end of the building need replacing, and this was expected to be a
major item of expenditure in 2024. However, the design of the new fire escape has proved complicated and
there has been some delay in progressing with this projett,. it is now expected to be completed in 2025. The
current fire escape remains useable but mitigating measures have been put in place to reduce the risk of using
The 'Manse' in Deepdene Close 15 occupied by the Pastor and hi5 family, and has suffered from damp in recent
years. Investigations have taken place to identify the cause of this and some remedial work has been
undertaken in 2024, but more is anticipated in 2025.
As stated above, our full-time Youth and Children's Worker has been replaced by another full-time YCW but
supplemented by a part-time YCW and our costs in this area have therefore significantly increased.
These three major items have had an impact on costs in 2024 (with more anticipated in 20251, and our budget
was significantly exceeded. However, partly thanks to a generous restricted gift to cover the extra YCW costs,
our income also increased and matched the budget excess. Future costs, particularly for the fire escape. are
expected to be covered by reserves without affecting our principle of retaining a cash buffer of three months,
planned expenditure, although we continue to rely on God's provision through his people.

ARGYLE COMMUNITY CHURCH READING
TRU￿EE5, REPORT, continued
FOR THE YEAR ENDED 31 DECEMBER 2024
Method of appointment or election of Trustee5
The arrangements for the appointment, retirement and removal of Trustees/Directors are set out in the
Memorandum and Articles of Association.
Safeguarding Polity
Our Safeguarding Policy reflects current UK legislation in relation to safegLJarding children and vulnerable
adults and implements good practice recommendations. It is constantly reviewed in the light of changes to the
safeguarding standards developed by the thirtyone.'eight organisation Iformerly CCPASI.
In 2023 we were made aware that a married couple within Argyle were experiencing relationship issues. and
our Pastor and the Safeguarding lead were involved in attempting to help the couple with their difficulties. In
late 2024 we were contacted by a third-party who was concerned that this response was faulty. Whilst
recognising that matters could have been handled better, the Trustees 5UPPQrt the Pastor and stand by the
Statement of Beliefs as listed in our Memorandum of Association,. however, this incident has prompted a
complete review of our Safeguarding and Complaints procedures which will take place in 2025.
Data Protection Pollcy
Our Data Protection Policy aims to ensure compliance with the requirements of General Data Protection
Regulation legislation.
We are registered with the Information Commissioner's Office (registration number ZA4363861.
FINANCIAL REVIEW
Income and expenditure
The Church's income and expenditure for the year are set oijt in the Statement of Financial Activities on page
9. The Trustees report a deficit for the year of £34,87112023 - deficit of £40,310).
The Church is principally financed by regular monthly donations from members, augmented by giving to
specific appeals when need is identified. The regular giving is sufficient to cover the regular running costs of
church activities. The Church's primary asset is an unencumbered freehold building which is gaining in value
although it is being depreciated at 2% per annum.
The ChLtrch maintains 3 healthy cash balance- £104,002 at 31 December 202412023 - £97,557).
Reserves polity
The Trustees aim to maintain free reserves equivalent to three months average giving to the general fund,
which equates to £35,000. These funds are to ensure that the Church activities can continue as planned in the
case of unforeseen circumstances or a sudden reduction in regular giving. Financial reports to Trustees,
meetings always include details of the level of free reserves to ensure that spending decisions are made in
accordance with the policy. The Reserves policy is reviewed annually.

ARGYLE COMMUNITY CHURCH READING
TRUSTEES, REPORT, continued
FOR THE YEAR ENDED 31 DECEMBER 2024
Statement of Trustees, responsibilities
The Trustees, who are Directors for the purposes of company law, are responsible for preparing the annual report
and the accounts in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law and the law applied to charities in England and Wales requires the Trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the charitable company
and of the incoming resources and application of resources, including the income and expenditure, of the
charitable company for that year. In preparing those financial statements, the Trustees are required to..
select suitable accounting policies and apply them consistently,.
obsetve the methods and principles of the Charities Statement of Recommended Practi￿,.
make judgments and estimates that are reasonable and prudent,.
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements,. and
prepare the accounts on the going concern basis unless it is inappropriate to presume that the charitable
company will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at
any time the financial position of the charitable company, and enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention and detertion of fraud and other irregularities.
Small company provislons
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006
applicable to companies subject to the small companies regime.
This report was approved by the Trustees on 26 September 2025
and signed on their behalf by..
Cleve Chevassut (Chairmanl

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
ARGYLE COMMUNITh CHURCH READING
I report to the charity Trustees on my examination of the accounts of Argwle Community Church Reading for the
year ended 31 December 2024, which are set out on pages 9 to 16.
Responsibilities and basis of report
As the charity Trustees of the Church land also its director5 for the purposes of company lawl. you are responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006
ACVI.
Having satisfied myself that the accounts of the Church are not required to be audited under Part 16 of the 2006
Act and are eligible for independent examination, I report in respect of my examination of your Church's accounts
as carried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have
followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act.
Independent Examinerfs statement
I have completed my examination. I confirm that no material matters have come to my attention in connettion
with the examination giving me cause to believe that in any material respect..
111 accounting records were not kept in respect of the Church as required by settion 386 of the 2006 Act,. or
121 the accounts do not accord with those records,. or
131 the accoLJnts do not comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of
an independent examination,. or
141 the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 10211.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
rew Geary
Chartered Accountant
Geary Partnership
Chartered Accountants
159a Chase Side, Enfield, EN2 OPW
Date.. 29 September 2025

ARGYLE COMMUNITY CHURCH READING
STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Total
funds
2024
Total
funds
2023
Unrestrirted Designated Rèstrirted Revaluatlon
funds
funds
funds
reserve
Notes
INCOME AND EXPENDITURE
Income
Donations and legacies
Income from charitable activities
Investment income
Other income
135.818
4,053
1,586
2.175
16,685
152.503
4.053
1,586
2,175
135,147
2,703
1,166
2,495
Total income
143,632
16.685
160,317
141,511
Expendlture
Charitable activities
136,575
33,915
2.551
22,147
195,188
181.821
Totsl expenditure
136,575
33,915
2,551
22.147
195,188
181.821
Net intomellexpenditurel
before transfers
7,057
133.9151
14,134
122,1471 134,8711 140,3101
Transfers between funds
131,5391
33,915
12,3761
Net incomellexpenditurel
before other gainslllossesl
124,4821
11.758
122,1471 134.8711 140,3101
oiher retognised gainslllossesl
Net movement in funds
124,4821
11.758
122,1471 134,8711 140,3101
RECONCILIATION OF FUNDS
Total funds brought fOn￿ard
at l January 2024
728,780
13,484
863,249 1,605,513 1.645,823
Total funds carried forward
at 31 December 2024
704,298
25.242
841,102 1.570.642 1,605,513

ARGYLE COMMUNITY CHURCH READING
BALANCE SHEET AT 310ECEMBER 2024
2024
2023
Notes
Fixed assets
Tangible assets
1,462,354
1,501,875
Current assets
Debtors
Cash at bank and in hand
5,970
104.002
7,587
97,557
109,972
105,144
Creditors: amounts falling due
within one year
11,6841
11,5061
Net current assets
108,288
103.638
Total assets less current liabilities
1,570,642
1,605,513
Net assets
1,570.642
1,605.513
Funds
Unrestricted funds
Revaluation reserve
Designated funds
Restricted funds
704,298
841,102
728,780
863,249
25,242
13,484
1.570,642
1,605,513
The accounts have been prepared in accordance with the provisions of 'Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK IFflS 1021, leffettive l January 20191.
For the year ended 31 December 2024, the company was entitled to exemption from audit under section 477
of the Companies Act 2006, and no notice has been deposited under section 476.
The Trustees, who are also the directors of the company, acknowledge their responsibility for complying with
the requirements of the Act with respert to accounting records and preparation of accounts.
Approved by the Board of Trustees on 26 September 2025 and signed on their behalf bv-
Cleve Chevassut
Trustee
io

ARGYLE COMMUNITY CHURCH READING
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
I ACCOUNTING POLICIES
al Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of freehold
properties and improvements, and in accordance with 'Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparin£ their accounts in accordance with the Financial Reporting
Standard applicable in the UK IFRS ID21 leffettive l January 20191..
bl Income
Income is included in the Stètement of Financial Activities when the charity is legally entitled to the income and the
amount cèn be quantified with reasonable Bccuracv.
cl Expendriure
All expenditure is accounted for on an accrua15 basis and has been included under expense categories that aggregate
all costs for all(>cation to activitie5. Where costs cannot be directly attributed to particular actiwties they have been
allocated on a basis consistent with the use of the resources.
Expenditure on charitable attivitie5 comprises all expenditure incurred directly in pursuance of the church's
charitable objectives. Governance tosts are those costs incurred in connection with adrninistration of the charity and
compliance with constitutional and statutory requirements, and include depreciation of fixed assets.
dl Fixed assets and depreciation
Fixed assets are stated at cost or. in the case of certain freehold properties, at valuation, less accumulated
depreciation. Gains or losses arising on revaluation are taken to a revaluation reserve. Depreciation has been
provided at the following rates in orderto write off a55ets over their estimated useful lives:
Land and buildings- 2% straight line
That portion of the depreciation charge which relates to the uplift arising from a revaluation 15 charged to the
revaluation reserve.
Èl Fund attounting
Designated funds are part of unrestricted funds that are expendable at the discretion of the Tru5tee5 in furtheran
of the Church's charitable objertive5. Unrestritted funds that are earmarked for 3 particular project may be
designated as a separate fund. but these have an administrative purpose only. and do not restrict the Trustees.
discretion to apply the fund.
The revaluation reserve Isee note Ildl abovel is 3150 part of unrestricted fund5.
Restrirted funds are funds subject to specific tru5t5, which rnay be declared by their donors, or with the authority
such as in 3 public appeal. or C￿ated through legal process, but still within the wider objects of the charity. Restricted
funds may be restricted income funds or may also be capital funds where the assets are required to be invesied, Dr
retained for actual use ratherthan expended.
li

ARGYLE COMMUNITY CHURCH READING
NOTES TO THE ACCOUNTS, continued
FOR THE YEAR ENDED 310ECEMBER 2024
2 INCOMING RESOURCES
Total
funds
2024
Total
funds
2023
Unrestricted Designated Restrlcted Revaluation
Funds
funds
funds
reserve
Donations and legacies
Donations
Gift Aid tax recovered
122.098
13.720
16,685
138,783
13,720
120,765
14,382
135.818
16,685
152,503
135,147
Income from charitable activitles
Charitable activity receipts
lincome from charitable activities
relates directly to social and
church events during the yearl
4,053
4,053
2,703
Investment income
Interest receivable
1,586
1,586
1,166
Other income
Other income
2,175
2,175
2,495
3 RESOURCES EXPENDED
Total
funds
2024
Total
funds
2023
Unrestricted DesiEnated Restricted Revaluation
Funds
funds
funds
reserve
Charitable activities
Staff costs (see note below)
Mission costs
Depreciation of buildings
Building maintenance,
insurance and utilities
Other costs
Governance costs..
Accountancy fees
69,662
69,662
36,026
39,521
60,133
31,855
39,521
33,915
2,111
17,374
22,147
29,873
18,454
29,873
18,894
33.990
15,119
1,212
1,212
1,203
136,575
33.915
2,551
22,147
195,188
181.821
The above expenditure on charitable artivities comprises the charitys support costs.
12

ARGYLE COMMUNITY CHURCH READING
NOTES TO THE ACCOUNTS, continued
FOR THE YEAR ENDED 31 DECEMBER 2024
4 STAFF COST5
2024
2023
Wages and salaries, including benefits in kind
Social security costs
Pension costs
64,447
385
4,830
55,565
347
4,221
69,662
60,133
The average number of employees during the year was 212023- 21.
5 TANGIBLE FIXED ASSETS
Land and
buildings
Total
Cortlvaluation
At lJanuary2024 and 31 December 2024
1,976,058
1,976,058
Depreciation
At l January 2024
Charge for the year
474,183
39.521
474,183
39,521
At 31 Dettmber 2024
513,704
513,704
Net bookvalue
At 31 December 2024
1,462,354
1,462,354
At 31 December 2023
1,501.875
1,501,875
The Church's freehold properties and other interests in land were capitalised in the financial statements at their
original historical cost. The church was opened in 1959 and the cost of the land and buildings was £12,307. The
manse at 8 Deepdene Close was purchased in 1986 at a cost of £73,058.
The church (but not the manse) was revalued by the Trustees on 21 April 2013 at its insured value of £1,903,(X)O.
Depreciation is being applied to this valuation at a rate of 2% per annum on a straight line basis commencing with
the year ended 31 December 2013. The depreciation charge for the year on a historical cost basis would amount
to £17,374 12023 £17,374) and the net book value of larbd and buildings on a historical cost basis would be
£621,251 at 31 December 202412023 - £638.6251.
13

ARGYLE COMMUNITY CHURCH READING
NOTES TO THE ACCOUNTS. continued
FOR THEYEAR ENDED 31 DECEMBER 2024
6 DEBTORS
2024
2023
Other debtors
5,970
7,587
7 CREDITORS: Amounts falling due within one year
2024
2023
Accruals
1,684
1,506
14

ARGYLE COMMUNITY CHURCH READING
NOTES TO THE ACCOUNTS. continued
FOR THE YEAR ENDED 31 DECEMBER 2024
8 STATEMENT OF FUNDS
Brought
Forward
Incoming
sources
Resources
expended
Transfers
in/lout}
Carried
fonvard
Unrestricted funds
General Fund
728,780
143,632
1136,5751
131,5391
704,298
Revaluation Reserve
863,249
122,1471
841,102
Designated funds
Missionary Fund
133,9151
33,915
Restricted fvnds
Missionary Fund
Hardship Fund
Christmas Appeal Fund
Youth and Community Fund
9.200
4,284
169
11,2111
14401
19001
42
8,200
495
16,021
619
13,0371
214
12,984
13,484
16,685
12,5511
12,3761
25,242
Total funds
1.605,513
160,317
1195,1881
1,570,642
The Missionary Fund supports a number of missionaries in the UK and overseas by means of monthly or annual
giving together with one off support to young people on short term projerts.
The Hardship Fund 15 to alleviate temporary financial needs of people who are known to ArEyle through one of the
Church's meetings or ministries.
The Christmas Appeal Fund is to respond to God's gift of Jesu5 by giving donations to a charity of our choice which
helps those in particular need or distress.
The Youth and Community Fund is to ensure that the Church is sUPPOrting youth and community work at Argyle
which enables young people and community members to move forward in their faith journey and encounter
God's love in Je5US.
15

ARGYLE COMMUNITY CHURCH READING
NOTES TO THE ACCOUNTS, continued
FOR THE YEAR ENDED 31 DECEMBER 2024
9 ANALYSIS OF NET ASSEfs BMVEEN FUNDS
Unrestrirted
Funds
Designated
funds
Restricted
funds
Revaluation
reseNe
Total
funds
Tangible fixed assets
Current assets
Creditors due within one year
621,252
84,730
11,6841
841,102
1,462,354
109,972
11,6841
25.242
704,298
25,242
841,102
1,570,642
10 RELATED PARTI TRANSAcfioNS
l. During the year expenses incurred on behalf of the charity were reimbursed to Trustees and persons
tonnected with the Trustees in the following amounts-
J Rout- £675
C Rayers- £371
J Rayers (wife of C Rayersl - £263
During the year, the following gifts were made to persons connected with the Trustees in pursuance of
the Church's charitable objectives..
P Rout150n of J Routl- £6,000 (missionary supportl
16