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← Christ Community Church Attleborough

2024-03-31-accounts

Registered number: 07928330 Charity number: 1146320

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH (A company limited by guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the Company, its Trustees and advisers 1
Trustees' report 2 - 5
Independent examiner's report 6
Statement of financial activities 7
Balance sheet 8 - 9
Notes to the financial statements 10 - 23

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024

Trustees R Tervet J Oyeniyi, Treasurer J Beardon C Govey (resigned 23 May 2023) B Marrett J Warin (appointed 3 November 2024) Company registered number 07928330 Charity registered number 1146320 Registered office The Light House 131 Hargham Road Attleborough Norfolk NR17 2JP Accountants MA Partners Audit LLP Chartered Accountants 7 The Close Norwich Norfolk NR1 4DJ

Page 1

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024

The Trustees present their annual report together with the financial statements of Christ Community Church, Attleborough ('the Church') for the year 1 April 2023 to 31 March 2024. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Objectives and activities

a. Policies and objectives

We seek to advance the Christian faith and relieve poverty and hardship in Attleborough and the surrounding towns and villages. To this end we have a collective vision of becoming a Church of size, substance and significance.

Size - A growing Church that reaches people with the love and message of Jesus. Substance - A Church where believers are renewed, supported and discipled. Significance - A Church that serves those in need both within the Church and across the wider community.

In our efforts to reach people with the love and message of Jesus we have run two alpha courses, a hugely popular carol service, and run a number of events bringing the wider community and Church together. We now have a paid youth worker, children’s worker and event manager. All this has resulted in regular baptisms of those coming to faith in Christ. We also support a number of ministeries in our wider family of churches Relational Mission.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

b. Activities undertaken to achieve objectives

In our efforts to renew support and disciple believers, we run Sunday services, midweek groups, have a pastoral care team, and run regular prayer meetings throughout the week. We have a full time Church Leader and a part time Church Administrator. We have also run a number of events where Church family can enjoy community and bring their friends.

Our efforts to serve the wider community are largely achieved through our partnership and support of The Lighthouse Attleborough, a charity we founded in 2007 that now supports over 700 local people with over 13 projects. We also ran two marriage courses and provided pastoral care to those in need.

Ultimately, the achievement of the charity’s objects depends enormously on the commitment and work of church members who volunteer their time and also serve others in their day-to-day lives.

Page 2

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Objectives and activities (continued)

c. Main activities undertaken to further the Company's purposes for the public benefit

In planning our activities, the Trustees have had regard to the guidance issued by the Charity Commission on 'Public Benefit'. The Trustees have complied with the duty in Section 4 of the Charities Act 2006 to have due regard to the public benefit guidance published by the Charity Commission in December 2008.

Achievements and performance

a. Main achievements of the Company

Overall, it has been a year of continued growth for Christ Community Church. Our Church community is now made up of well over 200 local people, with 115 adult members of the Church – we welcomed 24 new members this year. Our biggest service of the year was our Carol service where 14 people who were not part of a local Church prayed the response prayer. One wrote ‘Last year when I came I had no faith, but this year I do’.

We’ve had combined attendance of 1486 at our community events which included:

The Trustees continue to keep under review the various risks which may affect the operation of the Church, and to work with The Lighthouse on specific areas of risk which affect their joint activities.

The Trustees continue to regularly review and update policies and risk assessments.

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

b. Reserves policy

The total funds of the charity were £576,415 at 31 March 2024 (2023: £547,340) . Free reserves, being unrestricted funds not represented by fixed assets were £19,673 at 31 March 2024 (2023: £18,273) .

The Trustees have considered the level of reserves they wish to retain, appropriate to the Company's needs. A formal policy on the reserves has been agreed which states that the free reserves be maintained at a level which ensures that Church Community Church's activity could continue during a period of unforeseen difficulty and has been set at £45,000 which would cover 6 month's running costs. This is based on the Company's size and level of financial commitments held.

Page 3

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

c. Overview

In the year ended 31 March 2024 income increased from £259,284 to £261,741 and our expenditure increased from £186,983 to £232,666. As a result there was a net movement in funds of £29,075 for the year, down from £72,301 in the prior year.

Page 4

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Structure, governance and management

a. Constitution

Christ Community Church, Attleborough is registered as a charitable company limited by guarantee and was set up by Memorandum and Articles of Association.

b. Methods of appointment or election of Trustees

The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum and Articles of Association.

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the 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 Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

B Marrett Trustee

Date: 24 December 2024

Page 5

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH (A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024

Independent examiner's report to the Trustees of Christ Community Church, Attleborough ('the Company')

I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report

As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company 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 the Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection 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.

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. This report is made solely to the Company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Company and the Company's Trustees as a body, for my work or for this report.

peaDloy

Signed: Dated: 27 December 2024

Alice Lynch BSc FCA DChA

MA Partners Audit LLP Chartered Accountants 7 The Close Norwich Norfolk NR1 4DJ

Page 6

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024

Note
Income from:
Donations and legacies
3
Investments
Total income
Expenditure on:
Raising funds
5
Charitable activities
6
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted
funds
2024
£
43,975
-
43,975
-
43,975
43,975
-
-
-
-		 Unrestricted
funds
2024
£
217,234
532
217,766
40,734
147,957
188,691
29,075
547,340
29,075
576,415		 Total
funds
2024
£
261,209
532
261,741
40,734
191,932
232,666
29,075
547,340
29,075
576,415		 Total
funds
2023
£
259,273
11
259,284
41,005
145,978
186,983
72,301
475,039
72,301
547,340

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 10 to 23 form part of these financial statements.

Page 7

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee) REGISTERED NUMBER: 07928330

BALANCE SHEET AS AT 31 MARCH 2024

Note
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within one
year
13
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more
than one year
14
Total net assets
Charity funds
Restricted funds
15
Unrestricted funds
15
Total funds		 1,500
92,037
93,537
(62,418)		 2024
£
556,742
556,742
31,119
587,861
(11,446)
576,415
-
576,415
576,415		 13,873
91,476
105,349
(68,377)		 2023
£
529,067
529,067
36,972
566,039
(18,699)
547,340
-
547,340
547,340

Page 8

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee) REGISTERED NUMBER: 07928330

BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2024

The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

B Marrett Trustee

Date: 24 December 2024

The notes on pages 10 to 23 form part of these financial statements.

Page 9

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. General information

Christ Community Church, Attleborough is a registered charitable company limited by guarantee, incorporated in England and Wales, registration number 07928330. The registered office is The Light House, 131 Hargham Road, Attleborough, Norfolk, NR17 2JP.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Christ Community Church, Attleborough meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

2.3 Income

All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Expenditure on raising funds includes all expenditure incurred by the Company to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

Page 10

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

2. Accounting policies (continued)

2.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.6 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives.

Depreciation is provided on the following bases:

Freehold property - 2% straight line
Equipment - 25% reducing balance
Fixtures and fittings - 25% reducing balance

2.7 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered.

2.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.9 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

2.10 Pensions

The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year.

Page 11

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

2. Accounting policies (continued)

2.11 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

3. Income from donations and legacies

Offerings
Gift aid
Other income
Building fund
Total 2024
Total 2023		 Restricted
funds
2024
£
-
-
-
43,975
43,975
106,230		 Unrestricted
funds
2024
£
169,670
39,528
8,036
-
217,234
153,043		 Total
funds
2024
£
169,670
39,528
8,036
43,975
261,209
259,273		 Total
funds
2023
£
135,040
20,531
3,977
99,725
259,273

4. Investment income

Unrestricted Total Total
funds funds funds
2024 2024 2023
£ £ £
Deposit account interest 532 532 11

Page 12

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

5. Expenditure on raising funds

Trading activities

Salaries
Social security
Pensions
Training
Ministers expenses
Total 2024
Total 2023		 Unrestricted
funds
2024
£
36,549
1,113
1,096
1,750
226
40,734
41,005		 Total
funds
2024
£
36,549
1,113
1,096
1,750
226
40,734
41,005		 Total
funds
2023
£
35,984
1,226
1,065
2,298
432
41,005

6. Analysis of expenditure on charitable activities

Summary by fund type

Charitable activities
Total 2024
Total 2023		 Restricted
funds
2024
£
43,975
43,975
13,475		 Unrestricted
funds
2024
£
147,957
147,957
132,503		 Total
2024
£
191,932
191,932
145,978		 Total
2023
£
145,978
145,978

Page 13

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

7. Analysis of expenditure by activities

Charitable activities
Total 2023		 Direct
costs
2024
£
60,613
39,913		 Support
costs
2024
£
131,319
106,065		 Total
funds
2024
£
191,932
145,978		 Total
funds
2023
£
145,978

Page 14

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

7. Analysis of expenditure by activities (continued)

Analysis of direct costs

Mission and donations
Youth and children's work
Speakers' costs
Equipment and music
Events and conferences
Other direct costs
Total 2024		 Total
funds
2024
£
20,452
2,543
1,530
1,099
48
34,941
60,613		 Total
funds
2023
£
22,745
1,789
1,193
1,745
2,091
10,350
39,913

Analysis of support costs

Staff costs
Light and heat
Insurance
Governance costs
Printing, postage and stationery
Repairs and renewals
Depreciation
Marketing and promotions
Mortgage, interest and charges
Sundries
Bank charges
New building costs
Rates
Total 2024		 Total
funds
2024
£
65,721
24,429
16,130
6,827
5,198
4,851
2,830
2,784
1,544
1,103
597
-
(695)
131,319		 Total
funds
2023
£
55,926
8,113
40
7,572
2,203
1,611
3,200
831
1,081
2,095
420
13,475
9,498
106,065

Page 15

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

8. Independent examiner's remuneration

2024 2023
£ £
Fees payable to the Company's independent examiner for the independent
examination of the Company's annual accounts 1,890 1,800

9. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2024
£
100,397
2,080
2,002
104,479		 2023
£
90,138
2,487
1,576
94,201

The average number of persons employed by the Company during the year was as follows:

Ministerial
Administration		 2024
No.
2
4
6		 2023
No.
2
2
4

No employee received remuneration amounting to more than £60,000 in either year.

The total remuneration for key management personnel (including employer national insurance contributions and employer pension contributions) was £41,433 ( 2023: £40,953 ).

Page 16

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

10. Trustees' remuneration and expenses

During the year, one Trustee has been paid remuneration for employment within the Company. The role undertaken was as an Elder. Payments made to Trustees are in line with the permissions outlined in the Memorandum and Articles of Association. The value of Trustees' remuneration and other benefits was as follows:

R Tervet

2024 2023
£ £
Remuneration 36,549 35,984
Pension contributions paid 1,096 1,065

During the year ended 31 March 2024, no Trustee expenses have been incurred (2023 - £NIL) .

11. Tangible fixed assets

Cost or valuation
At 1 April 2023
Additions
At 31 March 2024
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023		 Freehold
property
£
536,920
28,355
565,275
13,635
1,272
14,907
550,368
523,285		 Equipment
£
15,403
560
15,963
9,621
1,492
11,113
4,850
5,782		 Fixtures and
fittings
£
-
1,590
1,590
-
66
66
1,524
-		 Total
£
552,323
30,505
582,828
23,256
2,830
26,086
556,742
529,067

Page 17

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

12. Debtors

Due within one year
Trade debtors
Other debtors
Prepayments and accrued income		 2024
£
-
36
1,464
1,500		 2023
£
3,150
9,906
817
13,873

13. Creditors: Amounts falling due within one year

Bank loans
Other loans
Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income		 2024
£
7,381
45,563
7,380
-
204
1,890
62,418		 2023
£
5,716
50,000
7,381
3,164
316
1,800
68,377

Page 18

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

14. Creditors: Amounts falling due after more than one year

Bank loans
Included within the above are amounts falling due as follows:
Between one and two years
Bank loans
Between two and five years
Bank loans
Over five years		 2024
£
11,446
2024
£
7,381
4,065		 2023
£
18,699
2023
£
5,715
12,984

Outstanding bank loans include balances of £7,381 due within one year and £11,446 due after one year which is secured against the freehold property of the Company.

Page 19

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

15. Statement of funds

Statement of funds - current year

Unrestricted funds
General funds
Restricted funds
Building fund
Total of funds		 Balance at 1
April 2023
£
547,340
-
547,340		 Income
£
217,766
43,975
261,741		 Expenditure
£
Balance at 31
March 2024
£
(188,691)
576,415
(43,975)
-
(232,666)
576,415

Page 20

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

15. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
General funds
Restricted funds
Building fund
Total of funds		 Balance at
1 April 2022
£
270,341
204,698
475,039		 Income
£
153,054
106,230
259,284		 Expenditure
£
(173,508)
(13,475)
(186,983)		 Transfers
in/out
£
297,453
(297,453)
-		 Balance at
31 March
2023
£
547,340
-
547,340

16. Summary of funds

Summary of funds - current year

General funds
Restricted funds		 Balance at
1 April 2022
£
270,341
204,698
475,039		 Balance at 1
April 2023
£
547,340
-
547,340
Income
£
153,054
106,230
259,284		 Income
£
217,766
43,975
261,741
Expenditure
£
(173,508)
(13,475)
(186,983)		 Expenditure
£
Balance at 31
March 2024
£
(188,691)
576,415
(43,975)
-
(232,666)
576,415
Transfers
in/out
£
Balance at
31 March
2023
£
297,453
547,340
(297,453)
-
-
547,340
Summary of funds - prior year
General funds
Restricted funds

Page 21

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

17. Analysis of net assets between funds

Analysis of net assets between funds - current period

Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
Total		 Unrestricted
funds
2024
£
556,742
93,537
(62,418)
(11,446)
576,415		 Total
funds
2024
£
556,742
93,537
(62,418)
(11,446)
576,415

Analysis of net assets between funds - prior period

Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
Total		 Unrestricted
funds
2023
£
529,067
105,349
(68,377)
(18,699)
547,340		 Total
funds
2023
£
529,067
105,349
(68,377)
(18,699)
547,340

Page 22

CHRIST COMMUNITY CHURCH, ATTLEBOROUGH (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

18. Pension commitments

The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £2,002 ( 2023: £1,576 ). £NIL ( 2023: £ 316) were payable to the fund at the balance sheet date and are included in creditors.

19. Related party transaction

During the year a gift of £Nil ( 2023: £2,587 ) was paid to Wellspring Family Centre, a charity in which J Beardon is also a Trustee.

During the year a gift of £9,985 ( 2023: £6,133 ) was paid to Relational Mission, a charity in which J Beardon is also a Trustee.

During the year a gift of £3,125 ( 2023: £2,942 ) was paid to Pioneer Mission, a charity in which J Beardon and J Warin are Trustees.

During the year £22,000 ( 2023: £11,784 ) was paid to The Lighthouse, Attleborough for support services provided. During the year £1,124 ( 2023: £1,044 ) was received from The Lighthouse, Attleborough for hiring of facilities. The Lighthouse, Attleborough is a charity in which J Oyeniyi and R Tervet are also Trustees.

Donations made to the charity by Trustees and their close family members during the year totalled £26,198 ( 2023: £25,114 ).

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