REGISTERED COMPANY NUMBER: 07893445 (England and Wales)
REGISTERED CHARITY NUMBER: 1145653
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2024
for
Buckskin Evangelical Church
Brewers Chartered Accountants
Unit 3
Birtley Courtyard
Bramley
Surrey
GU5 0LA
Buckskin Evangelical Church
Contents of the Financial Statements
for the Year Ended 31 December 2024
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Page |
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Report of the Trustees |
1 |
to |
6 |
Independent Examiner's Report |
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7 |
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Statement of Financial Activities |
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8 |
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Balance Sheet |
9 |
to |
10 |
Notes to the Financial Statements |
11 |
to |
16 |
Buckskin Evangelical Church
Report of the Trustees for the Year Ended 31 December 2024
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,present their
reportwiththefinancialstatementsofthecharityfortheyearended31December2024.Thetrustees have
adoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Thecharity'sobjectsforthepublicbenefitaretoadvancetheChristianfaithinaccordancewith the
statementofbeliefsinBasingstokeandinsuchotherpartsoftheUnitedKingdomortheworldasthe trustees
mayfromtimetotimethinkfitandtofulfilsuchotherpurposeswhichareexclusivelycharitableaccording to
the law of England and Wales and are connected with the charitable work of the charity.
Our Mission Statement
We are committed to be God's church in Buckskin to:
Show His love - to those in the community;
Share His Message - with those around us;
Strengthen His People - to serve Him;
Support His Work - in His world;
Serve Jesus in the Community.
Introduction
BuckskinEvangelicalChurchwasincorporatedasacompanylimitedbyguaranteeon21stDecember 2011,
wasregisteredasacharityon27thJanuary2012andbecameoperationalon20thApril2012whenthe assets
ofthepreviouscharitabletrustandbuildingtrustweretransferredtoit.Thisreportcoverschurchactivities for
the year to 31st December 2024.
FINANCIAL REVIEW
Financial Review
The following table shows a comparison of unrestricted income and expenditure, 2024 vs 2023:
|
2024 |
2023 |
|
£ |
£ |
Unrestricted income |
187,129 |
167,957 |
Unrestricted expenditure |
166,128 |
166,510 |
|
|
|
Net unrestricted income (before transfers) |
21,001 |
1,447 |
|
|
|
|
|
|
Restricted income |
16,619 |
36,035 |
Restricted expenditure |
16,297 |
21,203 |
|
|
|
Net restricted income (before transfers) |
322 |
14,832 |
|
|
|
Insummary,thetrusteesareconfidentthattheChurch'sfinancialpositionremainssound.Generous and
sacrificialgivingfrommembersandothersupporterswillallowawideandgrowingprogrammeofactivities to
takeplace.Thetrusteeswilltakecarefulnoteofthefinancialpositionwhenagreeingbudgetsand setting
spendingplansfor2026andbeyond,toensurethattheChurch'sfinancialpositionremainssound.This will
involveholdinganappropriatelevelofreservesagainstmaintaininganactiveprogrammeof Church
activities.
Grants Policy
Thechurchseekstogiveawayaminimumof10%ofitsunrestrictedincometoassistmissionaryactivityboth in
the UK and overseas.
Page 1
Buckskin Evangelical Church
Report of the Trustees for the Year Ended 31 December 2024
FINANCIAL REVIEW
Reserves policy
Thechurch'spolicyistomaintainaprudentleveloffreereserves(definedasunrestrictedfunds,less tangible
fixedassetsnetoflong-termloanssecuredonthefixedassets).Thefreereserveson31December 2024
amountto£20,331(2023:£20,774).Forthepurposesofshorttermandmedium-termfinancial management,
thetrusteesareconcernedmorewiththemanagementofworkingcapital.We endeavortomaintain reserves
thatcoverupto3monthssalaries,costsandchurchrunningexpenses.ThisisheldintheCAFGold deposit
accountwhichhadabalanceof£31,398on31stDecember2024(2023:£23,686).Thegivingandactivities of
thechurcharedependentonthedonationsgivenbymembersofthechurch.Forthisreason,no additional
reserves are maintained by the church.
Risk statement
Thetrusteeshaveexaminedthemajorstrategic,business,andoperationalriskswhichthechurchfaces and
confirmthatsystemshavebeenestablishedtomonitorthoseriskssothatthenecessarystepscanbetaken to
lessen them.
Trustee's Responsibility
UndertheCharitiesAct2011,thetrusteesarerequiredtoprepareastatementofaccountsfor each
accounting year which gives a true and fair view of the state of the affairs of the church.
They are required to:
1. Select suitable accounting policies and apply them consistently.
2. Observe the methods and principles in the Charities SORP.
3. Make judgments and estimates that are reasonable and prudent.
4. State whether the applicable accounting standards have been followed.
5. Prepare the financial statements on an ongoing basis.
Theyareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonableaccuracyat any
timethefinancialpositionofthechurchandtoensurethatsuchaccountsandrecordscomplywith the
Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008.
Theyalsohavearesponsibilitytosafeguardtheassetsofthechurchandtotakereasonablestepsto detect
fraud or any other irregularities and to provide reasonable assurances that:
1. The church is operating efficiently and effectively.
2. Its assets are safeguarded against unauthorised use or disposition.
3. Financial information used within the church or for publication is reliable.
4. The church complies with relevant laws and regulations.
TheTrusteesofthechurchmeetregularlytoreviewandmanagetheactivitiesofthechurch.Inthisthey are
supported by the Elders and the Leadership Team of the church.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Theorganisationisacharitablecompanylimitedbyguarantee,incorporatedon21stDecember2011, and
registeredasacharityon27thJanuary2012.ThecompanywasestablishedunderaMemorandum of
Associationwhichestablishedtheobjectsandpowersofthecharitablecompanyandisgovernedunder its
ArticlesofAssociation.Intheeventofthecompanybeingwoundupmembersarerequiredtocontribute an
amount not exceeding £10.
Annual General Meeting
TheAnnualGeneralMeetingwasheldon18thMarch2025whentwotrustees,WilliamRossand Margaret
ThompsonresignedasrequiredbytheGoverningDocument[article29].JasonMileswasappointedasa new
trustee. William Ross and Margaret Thompson were re-appointed as trustees.
Management
The spiritual life of the church is run by a team of five Elders, three of whom are Trustees.
One of the Elders/Trustees, Will Ross, is the Senior Pastor and a paid employee of the church.
Theday-to-daymanagementofthechurchisrunbyamanagementteamcomprisingofTrustees,Elders, and
various activity team leaders.
TheadministrationofthechurchismanagedbytheactivityleadersusingChurchSuitesoftware.This is
overseen by the Church Administrator.
Page 2
Buckskin Evangelical Church
Report of the Trustees for the Year Ended 31 December 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Objective and activities
TheTrusteesandEldersarecommittedtoenablingasmanypeopleaspossibletoworshipatthechurch and
to become part of the fellowship.
WhenplanningouractivitiesfortheyearwehaveconsideredtheCharityCommission'sguidanceon public
benefit,inparticulartheguidanceoncharitiesfortheadvancementofreligion.Weendeavourto enable
everyone to live out their faith as part of our fellowship through our mission statement.
To facilitate this work, it is important that we maintain the fabric of the church building.
Sunday Services
ThechurchoffersachoiceoftwoservicesonSundaymornings.ThefirstisaCommunionServicethatstarts at
9.00am.ThereisthemainWorshipServicewhichcommencesat10.30amandrunsfor90minutes.At this
servicewealsoprovideacrècheandseparatechildren'sandyouthclasses.OnoccasionalSunday evenings
wemeetforworship,prayer,andBibleteaching.OnatypicalSundayweseearound120-140 people
attending the church.
Activities and Community Outreach
Itwastheintentionofthosewhostartedthechurchover50yearsagotoserveandsupportthe local
community.Today,thechurchseekstodothisbyofferingavarietyofactivitiesforitsmembersandfor those
in the wider community..
Stepping Stones - for parents and toddlers
- All Starz - for children to age 11
Coffee Morning - for the retired
- Seminars and courses - covering topics such as Gifts Discovery, Discipleship
- Alpha Courses - aimed at those wishing to discover more about Christianity
- Home Groups - we have 7 small community groups for friendship, support and teaching
- Geared - Men's Ministry
- Threads - Women's Ministry
- Stitch & Craft Evenings
- Lunch Plus - for lonely and vulnerable people
- Youth Bible Study - meeting on a Monday aimed at 14 - 16 year olds
- EPIC Youth Group - meeting twice a month for 11 - 13 year olds
- TLG - a mentoring programme in the local primary school
- Refresh Cafe - operating once a week to support those struggling with their mental health
Buckskin Pantry - operating once a week to donate fresh food to the local community
In addition to the ongoing weekly activities we also provide:
ChurchOffice-thechurchisopenfivemorningsa weekfrom9.00am to12.00am. Theaimistohavea place
where people can come and find help if needed.
Supportnationally/locally-ThechurchiscommittedtocontinuingitssupportforChristianorganisations and
workersintheUK.We havesupportedorganisationswherechurchmembersareactivelyinvolvedin outreach
andsupportacrossthetown,suchasMoneyLifeline,Besom,Foodbank,andTheStarfishEnterpriseTrust (which
supports small community b ased Christian projects in the town).
FromJuly2021thechurchhaspartneredwithFoodbankandsetupacentrewhereclientscouldcome and
collect their food locally. The centre operates one morning a week and is staffed mostly by church members.
SupportInternationally-ThechurchisalsoactivelyinvolvedwithsupportingChristianorganisations and
Christianworkersinternationally.Churchmembersareactivelyinvolvedinsupportingprojectsin India,
Bangladesh,Nepal,and Ghana.During2024wehavealsogivensupportto a projectinKenya,throughthe UK
charity Stand By Me.
Page 3
Buckskin Evangelical Church
Report of the Trustees for the Year Ended 31 December 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Workingwithotherchurches-ThechurchisactivelyinvolvedwithOneChurchBasingstoke,the ecumenical
bodyforthetown.Thechurchhostsa bi-weeklylunchtimemeetingforministersandhasalsowelcomed other
churches and leaders for several larger 1CB events.
FamilyEvents-LiveNativityandEasterFundaytookplacein2024,withbotheventsattractingover 300
people.ThechurchalsopartneredwithChilternPrimarySchooltoputonaCarolServicewhichover 200
people attended.
Community Development
The church has always sought to support the local community. We have done this in several ways:
Supportingthelocalschool-wehaveverycloselinkstoChilternPrimarySchool.Everyotherweekthe pastor,
Will Ross,leadsan assemblyintheschool.Theschoolalsovisitsthechurchonvariousoccasions,e.g. Christmas,
Easter,Harvestandotheroccasionstoassistwithcurriculumstudies.ThroughtheTLGEarlyIntervention scheme
thechurchhasprovided5coachestosupportvulnerablepupilsinthelocalprimaryschool.Thechurch has
runaCook&Eatcourseforoneafternoonafterschoolover4weeks,whereaparentandchildlearnhow to
cook a nutritious family meal.
Volunteers-thechurchhasover120activevolunteers,andithasbeenestimatedthatthechurch contributes
between8,000and 9,000voluntaryhoursa year.An estimationoftheannual'volunteervalue'ofthechurch to
thecommunityisbetween£60,000and£70,000.Thisispurelythevaluetothecommunityofour volunteers
anddoesnotincludeanystaffcosts,seminarcosts,pastoralcareoflocalpeopleoranymajoreventsthat we
puton(e.g.FunDay).Thisdoesnotconsiderthosewhovolunteerforgroupsoutsideofthechurchlike Money
Lifeline(1volunteer),BasingstokeFoodbank(9volunteers),Besom(1volunteer),HealingontheStreets (1
volunteer), Starfish Enterprise (2 volunteers) and Cedar Tree Counselling (1 volunteer).
ParttimeCommunityWorker-thechurchhasemployedapart-timeCommunityWorkerwhosupports local
familieswhoarelinkedtothechurchthroughthevarietyofactivitiesthechurchruns.Thecostof employing
the Community Worker is bo rne by the Community Fund.
Church Building Usage
ThechurchbuildingisnowthelargestandmostversatilecommunitybuildinginBuckskin.We haveamain hall
thatwillseatover180people,plusothersmallroomsincludingahigh-techyouthroom.Thenewannexe has
fourmeetingroomsequippedwithtelevisionscreensandwi-fi.Thechurchbuildinghasbeenusedby several
outside organisations for the benefit of the community. Most days it is used by some kind of group.
ThisyearwehaveaddedadoortotheYouthLounge,andreplacedthewallbetweentworoomswith bi-fold
doorstoincreasecapacityoneventdays.ThiswasmadepossiblethroughagrantprovidedbyBasingstoke &
Deane Borough Council.
Employees
The church employed the following staff:
-
full time Senior Pastor
-
part-time Church Administrator
-
part time Youth Worker
-
part-time TLG administrator and Children's Ministry Leader
-
part-time cleaner
-
part-time community worker
Page 4
Buckskin Evangelical Church
Report of the Trustees for the Year Ended 31 December 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
A Church in Buckskin for Buckskin
Oneofthechurch'smajorprinciplesistogiveandtobegenerous.Hencetheeverydayrunningcosts and
activitiesofthechurcharefundedentirelybythecongregation.A principlethatwehaveadoptedisto give
regularlyandgenerouslytoorganisationsoutsideofthechurch.Inadditiontotheincomethatgoes overseas
to mission groups and relief aid, we financially support organisations in the UK.
WebelievethechurchhasamajorparttoplayintransformingBuckskin.Ourchurchhasthe people,
resources,and thedesireto bringaboutpositivechangeintothelivesoflocalpeople.We areallawareof the
challengesthatlayaheadforourcommunitiesaslocalgovernmentbudgetsandservicesfacecuts. The
governmentarelookingtothevoluntarysectortohelpfillsomeofthegapsthatwillbeleft.Asachurch, we
arealreadyservingandsupportingthelocalcommunityofBuckskinandareseekingtodevelopour role
further so that we can share and express the love of God in practical ways.
OnSundays,werunacreche,andclassesforchildrenuptotheageof11.Forchildrenoverage11we have
ayouthgroup.Thechurchhasadedicatedcrecheroom,individualroomsinwhichtoteachthe different
agegroupsthatwecaterfor.Theannexealsohasinfanttoiletsplusadisabledtoiletwithbaby changing
facilities.
OnceaweekthechurchoperatesasaFoodbankHubandrunstheRefreshCaféforlonelyand vulnerable
people.OnaThursdaymorningthechurchoperatesaFoodPantrygivingawayexcessfoodfrom local
supermarkets delivered to us by Community Food Link. Each week we see around 30 people visit the Pantry.
Future Plans
Thechurch'svisionfor2025isbasedonthewordsandpromiseofJesus:'Iwillbuildmychurch'.After spending
asignificanttimeinprayeranddiscussionwebelievethatthisyearwewillseesignificantgrowthinthelife of
our church. This growth will be numerical, in spiritually maturity and in the ministries we offer.
To achieve this growth, we will be focussing in four specific areas:
- Discipleship
- Outreach
- Fellowship
TohelpachievetheseaimsthechurchhascontractedwithK180,acharitywithitsheartinevangelism, to
provideamemberoftheirstaffforthewholeof2025totrainandencouragechurchmembersin proclaiming
the Gospel of Jesus. To cover K180's costs, a gift day raised over £15,500 in donations, pledges and Gift Aid.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
07893445 (England and Wales)
Registered Charity number
1145653
Registered office
Chiltern Way
Basingstoke
Hampshire
RG22 5BB
Trustees
Ashley Boardman Chairman
Michael Boys
Andrew Dossett Treasurer
Jason Miles (appointed 18/03/25)
Amelia Nirmnal (resigned 04/02/25)
William Ross
Darren Skipp
Richard Spiers
Margaret Thompson
Page 5
Buckskin Evangelical Church
Report of the Trustees
for the Year Ended 31 December 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Brewers Chartered Accountants
Unit 3
Birtley Courtyard
Bramley
Surrey
GU5 0LA
Website
www.buckskin.church
Approved by order of the board of trustees on 9 September 2025 and signed on its behalf by:
A Dossett - Trustee
Page 6
Independent Examiner's Report to the Trustees of Buckskin Evangelical Church
Independent examiner's report to the trustees of Buckskin Evangelical Church ('the Company')
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 December 2024.
Responsibilities and basis of report
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act
2006 ('the 2006 Act').
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16of the
2006Act andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyour charity's
accountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').Incarryingout my
examinationIhavefollowedtheDirectionsgivenbytheCharityCommissionunderSection145(5)(b)of the
2011 Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnection with
the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts 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 fair view which is not a matter considered as part of an independent examination; or
4. 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 (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
A M Skilton
Brewers Chartered Accountants
Unit 3
Birtley Courtyard
Bramley
Surrey
GU5 0LA
24 September 2025
Page 7
Buckskin Evangelical Church
Statement of Financial Activities
for the Year Ended 31 December 2024
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
182,092
Other trading activities
2
3,201
Investment income
3
740
Other income
1,096
Total
187,129
EXPENDITURE ON
Raising funds
-
Charitable activities
charitable
163,581
Other
2,547
Total
166,128
NET INCOME
21,001
Transfers between funds
13
4,589
Net movement in funds
25,590
RECONCILIATION OF FUNDS
Total funds brought forward
810,142
TOTAL FUNDS CARRIED FORWARD
835,732 |
Restricted
funds
£
14,026
-
643
1,950
16,619
-
16,297
-
16,297
322
(4,589)
(4,267)
34,740
30,473 |
2024
Total
funds
£
196,118
3,201
1,383
3,046
203,748
-
179,878
2,547
182,425
21,323
-
21,323
844,882
866,205 |
2023
Total
funds
£
199,569
1,298
1,115
2,010 |
|
|
|
203,992 |
|
|
|
733
162,851
24,129 |
|
|
|
187,713 |
|
|
|
16,279
- |
|
|
|
16,279
828,603 |
|
|
|
844,882 |
The notes form part of these financial statements
Page 8
Buckskin Evangelical Church
Balance Sheet
31 December 2024
Notes
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank
CREDITORS
Amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS
Amounts falling due after more than one
year
11
NET ASSETS
FUNDS
13
Unrestricted funds
Restricted funds
TOTAL FUNDS |
Unrestricted
fund
£
915,803
7,543
31,860
39,403
(19,073)
20,330
936,133
(100,401)
835,732 |
Restricted
funds
£
-
1,880
28,633
30,513
(40)
30,473
30,473
-
30,473 |
2024
Total
funds
£
915,803
9,423
60,493
69,916
(19,113)
50,803
966,606
(100,401)
866,205
835,732
30,473
866,205 |
2023
Total
funds
£
903,047
6,762
69,711
76,473
(20,960)
55,513
958,560
(113,678)
844,882
810,142
34,740
844,882 |
|
|
|
|
|
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006 for
the year ended 31 December 2024.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 December 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 9
Buckskin Evangelical Church
Balance Sheet - continued
31 December 2024
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable
companies subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
9 September 2025 and were signed on its behalf by:
A Dossett - Trustee
The notes form part of these financial statements
Page 10
Buckskin Evangelical Church
Notes to the Financial Statements
for the Year Ended 31 December 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by
Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS
102)(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancial statements
have been prepared under the historical cost convention.
Income
All incomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementto the
funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoverits estimated
useful life.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
2. OTHER TRADING ACTIVITIES
3.
|
2024 |
2023 |
|
£ |
£ |
Church activities |
3,201 |
1,298 |
INVESTMENT INCOME |
|
|
|
2024 |
2023 |
|
£ |
£ |
Deposit account interest |
1,383 |
1,115 |
continued...
Page 11
Buckskin Evangelical Church
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
|
2024 |
2023 |
|
£ |
£ |
Depreciation - owned assets |
13,112 |
9,976 |
5. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2024nor for
the year ended 31 December 2023.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31December2024norfortheyear ended
31 December 2023.
6. STAFF COSTS
Staff costs
|
2023 |
2022 |
|
£ |
£ |
Wages and salaries |
85,651 |
93,065 |
Social Security costs |
1,983 |
2,831 |
Other pension costs |
3,408 |
3,557 |
|
|
|
|
91,042 |
99,453 |
|
|
|
Due to the size of the organisation, all staff are considered to be key management staff.
The average monthly number of employees during the year was as follows:
Full Time Pastor
Part Time Staff |
2024
2023
1
1
5
3
6
4 |
|
|
No employees received emoluments in excess of £60,000.
During the year the Church employed a Community worker, a new role for the Church.
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
165,812
Other trading activities
1,298
Investment income
847
Other income
-
Total
167,957 |
Restricted
funds
£
33,757
-
268
2,010
36,035 |
Total
funds
£
199,569
1,298
1,115
2,010 |
|
|
203,992 |
EXPENDITURE ON
continued...
Page 12
Buckskin Evangelical Church
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Raising funds
Charitable activities
charitable
Other
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
8.
TANGIBLE FIXED ASSETS
COST
At 1 January 2024
Additions
At 31 December 2024
DEPRECIATION
At 1 January 2024
Charge for year
At 31 December 2024
NET BOOK VALUE
At 31 December 2024
At 31 December 2023
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments and accrued income |
Unrestricted
Restricted
Total
fund
funds
funds
£
£
£
367
366
733
143,883
18,968
162,851
22,260
1,869
24,129
166,510
21,203
187,713
1,447
14,832
16,279
808,695
19,908
828,603
810,142
34,740
844,882
Improvements
Freehold
to
property
property
Totals
£
£
£
997,595
-
997,595
-
25,868
25,868
997,595
25,868
1,023,463
94,548
-
94,548
9,975
3,137
13,112
104,523
3,137
107,660
893,072
22,731
915,803
903,047
-
903,047
2024
2023
£
£
4,505
1,970
4,918
4,792
9,423
6,762 |
Total
funds
£
733
162,851
24,129 |
|
|
187,713 |
|
|
16,279
828,603 |
|
|
844,882 |
continued...
Page 13
Buckskin Evangelical Church
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 12)
Trade creditors
Social security and other taxes
Accruals and deferred income
11.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 12)
12.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
Amounts falling due between two and five years:
Bank loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more than 5 years by installment |
2024
2023
£
£
13,222
11,966
5,851
502
-
1,423
40
7,069
19,113
20,960
2024
2023
£
£
100,401
113,678
2024
2023
£
£
13,222
11,966
83,703
77,124
16,698
36,554 |
|
|
Thebuildingoftheannexetookplacein2016andwaspartlyfundedbya15-yearbankloan of
£200,000fromCAF Banksecuredonthelandandbuildings.Theloaninterestis2.95%abovetheBank of
Englandbaserate.Thetermsofrepaymentwereinterestonlyrepaymentsforthefirst12monthsand full
repayment over the remaining 14 years.
13. MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS |
Net
movement
At 1.1.24
in funds
£
£
810,142
21,001
34,740
322
844,882
21,323 |
Transfers
between
funds
£
4,589
(4,589)
- |
At
31.12.24
£
835,732
30,473 |
|
|
|
866,205 |
continued...
Page 14
Buckskin Evangelical Church
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS
Comparative net movement in funds, included in the above ar
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
187,129
(166,128)
21,001
16,619
(16,297)
322
203,748
(182,425)
21,323
Net
movement
At
At 1.1.23
in funds
31.12.23
£
£
£
808,695
1,447
810,142
19,908
14,832
34,740
828,603
16,279
844,882
e as follows:
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
167,957
(166,510)
1,447
36,035
(21,203)
14,832
203,992
(187,713)
16,279 |
|
|
continued...
Page 15
Buckskin Evangelical Church
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
13. MOVEMENT IN FUNDS - continued
|
At 01/01/24 |
Income |
Expenditure |
Transfers |
At 31/12/24 |
General fund |
810,139 |
164,689 |
162,547 |
558 |
812,838 |
|
|
|
|
|
|
Designated funds |
|
|
|
|
|
Pride in Place |
- |
22,440 |
3,137 |
1,090 |
20,392 |
Projector replacement |
- |
- |
2,944 |
2,944 |
- |
Special Reserve |
- |
- |
(2,500) |
- |
2,500 |
|
|
|
|
|
|
|
|
|
|
|
|
Total Unrestricted |
810,139 |
187,129 |
166,128 |
4,592 |
857,731 |
|
|
|
|
|
|
Restricted funds |
|
|
|
|
|
Building fund |
558 |
- |
|
558 |
- |
Childrens Worker |
1,250 |
- |
1,250 |
- |
- |
Church Holiday |
- |
1,710 |
1,710 |
- |
- |
Community |
24,361 |
2,796 |
9,088 |
- |
18,068 |
Cook & Eat |
126 |
995 |
842 |
- |
279 |
Gifts |
5,956 |
- |
1,344 |
4,034 |
578 |
K180 |
- |
9,908 |
- |
- |
9,908 |
Make Lunch |
2,492 |
611 |
1,463 |
- |
1,640 |
School Uniforms |
- |
600 |
600 |
- |
- |
|
|
|
|
|
|
Total Restricted |
34,740 |
16,619 |
16,297 |
4,592 |
30,473 |
|
|
|
|
|
|
|
|
|
|
|
|
Total Funds |
844,881 |
203,991 |
187,713 |
- |
866,203 |
|
|
|
|
|
|
|
|
|
|
|
|
TheBuildingFundexiststoupgradethefabricandfacilitiesofthebuildinginorderthatitismore cost
effective to run.
TLG funds cover the mentoring programme for the local school.
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
Page 16