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2024-12-31-accounts

aa MOORE Kingston Smith

Charity Commission No. 1146983

Unaudited Financial Statements For the Year Ended 31 December 2024

for

Proximity Church (formerly 24-7 Prayer Stanford)

Proximity Church (formerly 24-7 Prayer Stanford) Charity Commission No. 1146983 Contents for the Financial Statements For the Year Ended 31 December 2024

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PAGE
General information 1
Trustees Annual Report 2-4
Independent Examiners Report 5
Statement of Financial Activities 6
Balance Sheet 7
NotestotheFinancialStatements 8-13

Proximity Church (formerly 24-7 Prayer Stanford) Charity Commission No. 1146983 General information For the Year Ended 31 December 2024

Proximity Church (formerly 24-7 Prayer Stanford)
Charity Commission No. 1146983
General information
For the Year Ended 31 December 2024
Proximity Church (formerly 24-7 Prayer Stanford)
Charity Commission No. 1146983
General information
For the Year Ended 31 December 2024
a
UES
TRUSTEES: Robb Philip Harman
Stephen Morris (Resigned 15/04/2025)
Catherine Smith
Peter Connor
Deborah Connor
Matt Long (Appointed 14/01/2025)
Alex Connor (Appointed 14/01/2025)
CHAIRPERSON: Robb Philip Harman
ADDRESS: 217 Southend Road
Stanford Le Hope
Essex
SS17 7AB
ACCOUNTANTS: Moore Kingston Smith LLP
Orbital House
20 Eastern Road
Romford
Essex
RM1 3PJ
BANK: BarclaysBank

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Proximity Church (formerly 24-7 Prayer Stanford) Charity Commission No. 1146983 Trustees Annual Report For the Year Ended 31 December 2024

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Proximity Church (formerly 24-7 Prayer Stanford) changed its status during the year from a company limited by guarantee to a Charitable Incorporated Organisation (CIO).

Objects of the charity

Proximity Church is a Christian community that operates primarily in Thurrock and the surrounding areas of Essex. The objects of the charity are the provision of supportive projects such as youth work, educational services, pastoral care, acts of worship and projects to benefit the community and the surrounding neighbourhood.

Review and achievements of 2024

In 2024, Proximity Church continued to pursue its three core values - Family, Sent, and Encounter - which shaped all activities and initiatives across the year. The church saw significant progress across its strategic priorities, spiritual life, and community engagement.

Permanent Venue Strategy:

Proximity Church continued to meet at Hassenbrook Academy and previously at Dry Street Memorial Church After evaluating the sustainability and suitability of these temporary spaces, the Dry Street venue was released, and negotiations progressed with Gateway People’s Community (GPC) for a more stable rental arrangement. This marks an important step toward securing a long-term home for the church.

Leadership Development:

Efforts to grow and deepen the Leadership and Eldership Teams were a consistent theme throughout the year. Monthly leadership meals, a retreat to Waverley Abbey, and the September Leaders Day helped build unity, shared responsibility, and spiritual depth. Additionally, there were ongoing discussions to broaden oversight by inviting trusted individuals from the wider church community into provisional oversight roles for 2025.

House Churches as a Growth Strategy: The church renewed its commitment to multiplication through House Churches (HCs). A new vision—GROW (Give Generously, Rooted in the God Story, One Family Many Homes, Witnesses and Disciple Makers)—was launched in September to guide spiritual and numerical growth. This was received positively by members and laid the foundation for deeper discipleship and missional living.

Missional Engagement and Compassion Ministries:

Proximity Church remained active in blessing and serving the local and global community. The "Blessing and Mission Pot" supported both urgent and strategic causes:

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Proximity Church (formerly 24-7 Prayer Stanford) Charity Commission No. 1146983 Trustees Annual Report For the Year Ended 31 December 2024

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Events and Gatherings:

The year featured several impactful events, including:

Children and Young People:

Recognising the importance of investing in younger members, Proximity enhanced its Sunday School offerings and brought families together to share ownership in discipling their children. Safeguarding training and DBS certification were encouraged. The church also explored the feasibility of hiring a part-time children’s/youth worker to increase this investment.

Communication and Outreach:

The church’s partnership with Lobster Digital remained vital in maintaining a professional and effective communication strategy. Regular updates, media content, posting of Sunday teaching/Learning sessions, and online presence helped engage both members and the broader community, although the sustainability of this contract beyond 2024 is under review.

Church Economy and Giving Culture:

Amid rising costs and financial challenges, the leadership launched a giving campaign tied to the GROW vision. A Vision Sunday and follow-up communication invited members to either begin giving or increase their giving. Stewardship tools and digital giving options were explored to facilitate this.

Legal Status Changes

The Trustees agreed to action the task of converting from our status as a charitable company limited by guarantee, to that of a Charitable Incorporated Organisation (CIO). This was actioned online with the support of Trust Advice and completed before the end of year. The secondary action was to change the name from 247 Prayer Stanford to Proximity Church. Following the conversion additional Trustees were added and a new constitution was created as a welcomed and necessary action required by the conversion.

Public benefit

Having considered the latest Charity Commission guidance on public benefit, the Trustees believe that Proximity Church (formerly 24-7 Prayer Stanford) is able to evidence support for a wide range of beneficiaries.

Financial Review and reserves policy

The charity returned a surplus for the year of £6,242 (2023: £1,265). At 31 December 2024 the charity held reserves of £78,731 (2023: £72,489). The charity does not hold a significant level of reserves as all incoming funds are applied for charitable purposes. Any reserves held are held for charitable activities.

Structure, governance and management

The charity transitioned in the year from a company limited by guarantee domiciled and incorporated in England and Wales and is governed by its Memorandum and Articles of Association to a Charitable Incorporated Organisation (CIO). The registered office is 217 Southend Road, Stanford le Hope, Essex, $S17

The trustees who held office during the year are disclosed on page 1.

New trustees are appointed to the board who the board believe would put the best interests of the charity first. The board will ensure fairness and transparency in the selection process.

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Proximity Church (formerly 24-7 Prayer Stanford) Charity Commission No. 1146983 Trustees Annual Report For the Year Ended 31 December 2024

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Statement of Trustees’ Responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity law requires the trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charity and of the incoming resources and applications of resources, including income and expenditure, of the charity for that period. In preparing these financial statements, the Trustees are required to:

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (FRS102) and in accordance with the Charities Act 2011.

Approved by the Trusteeson 11) Seotem eer 2025 and signed on their behalf by:

Robb Philip Harman Trustee

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Proximity Church (formerly 24-7 Prayer Stanford) Charity Commission No. 1146983 Independent Examiners Report to the Trustees of Proximity Church (formerly 24-7 Prayer Stanford)

For the Year Ended 31 December 2024

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| report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).

Having satisfied myself that the accounts of the Charity are not required to be audited under the 2011 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. independent Examiner's Statement | have completed my examination. | confirm that no matters have come to my attention in connection with the

independent Examiner's Statement | have completed my examination. | examination giving me cause to believe:

| 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.

Moore Kmeskon Sadh LLP

Paul Springfield

For and on behalf of Moore Kingston Smith LLP

Chartered Accountants

Date: \7 Se pkember ots

Orbital House

20 Eastern Road Romford Essex RM1 3PJ

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Proximity Church (formerly 24-7 Prayer Stanford) Charity Commission No. 1146983 Statement of Financial Activities (including an Income and Expenditure Account) For the Year Ended 31 December 2024

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Unrestricted Restricted Total Total
Funds Funds Funds Funds
2024 2024 2024 2023
Notes £ £ £ £
Income from:
Donations and grants 58,024 8,469 66,493 104,883
Charitable activities:
Other income - - - -
Investment income received 784 - 784 176
58,808 8,469 67,277 105,059
Expenditure on:
Raising funds 3 - - - -
Charitable activities 3 50,957 10,078 61,035 103,794
50,957 10,078 61,035 103,794
Net income/(expenditure) 7,851 (1,609) 6,242 1,265
Transfers 550 (550) - -
Net movements in funds 8,401 (2,159) 6,242 1,265
Reconciliation offunds:
Total funds brought forward
Totalfundscarriedforward
11 64,691
73,092
7,798
5,639
72,489
78,731
71,224
72,489

All incoming resources and resources expended derive from continuing activities.

There are no recognised gains or losses other than the surplus for the year.

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Proximity Church (formerly 24-7 Prayer Stanford) Charity Commission No. 1146983

Balance Sheet

For the Year Ended 31 December 2024

LLL LLL LLL LLL LLL LLL
2024 2024 2023 2023
Notes £ £ £ £
Current Assets
Debtors
Cash at bank
8 -
80,616
500
73,789
Cash in hand 129 51
80,745 74,340
Current Liabilities
Creditors: amounts falling due
within one year 9 (2,014) (1,851)
Netassets 10 78,731 72,489
Represented by:
Unrestricted funds
11 73,092 64,691
Restricted funds 11 5,639 7,798
Totalfunds 78,731 72,489

The financial statements were approved for issue by the board of trustees on 71 Staplers bec 2025 and signed , its behalf by:

Robb Philip Harman Trustee Charity Commission No. 1146983

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Proximity Church (formerly 24-7 Prayer Stanford) Charity Commission No. 1146983 Notes to the Financial Statements For the Year Ended 31 December 2024

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1. Accounting Policies

Charity information

Proximity Church (formerly 24-7 Prayer Stanford) is charity registered in England and Wales. The registered office is 217 Southend Road, Stanford le Hope, Essex, SS17 7AB.

(a) Basis of accounting

The financial statements have been prepared under the historical cost convention, with the exception of listed investments which are included at their market value. The financial statements have been prepared in accordance with the 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 effective 1 January 2015 (The FRS 102 Charities SORP) and Charities Act 2011.

The Trustees confirm that the Charity meets the definition of a public benefit entity under FRS 102.

On 18 October 2024, the benefit of the assets, liabilities and undertakings of 24-7 Prayer Stanford (Company No. 07900719) were transferred to a new charitable incorporation organisation of the same name (Company No. CE037903).

(b) Fund accounting

(c) Income

All income is included in the statement of financial activities when the charity is entitled to receive the income and the amount can be quantified with reasonable accuracy. The following policies are applied to particular categories of income:

(d) Expenditure

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes VAT, and is reported as part of the expenditure to which it relates:

(e) Going concern

At the time of approving the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future and for a period of at least 12 months following the approval of these financial statements. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

(f) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

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Proximity Church (formerly 24-7 Prayer Stanford) Charity Commission No. 1146983 Notes to the Financial Statements For the Year Ended 31 December 2024

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(g) Government grants Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised asa liability.

2. Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

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Notes to the Financial Statements

Proximity Church (formerly 24-7 Prayer Stanford) Charity Commission No. 1146983

For the Year Ended 31 December 2024

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3. Total expenditure

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Unrestricted|Restricted| |Funds|Funds|Total|Funds|Funds|Total| |2024|2024|2024|2023|2023|2023| |£|£|£|£|£|£| |Costs|directly|allocated|to|activities| |Mission|5,531|-|5,531|-|3,773|3,773| |Blessing|pot|6,350|-|6,350|3,897|-|3,897| |Grants|5,613|-|5,613|4,598|-|4,598| |Events|3,465|-|3,465|-|5,189|5,189| |School|work|-|-|-|-|2,126|2,126| |Gifts|-|3,580|3,580|-|5,476|5,476| |Support|costs|allocated|to|activities| |Premises|costs|4,134|4,091|8,225|1,358|1,412|2,770| |House|Church|meals|544|-|544|-|423|423| |General|expenses|1,602|2,407|4,009|2,194|-|2,194| |Staff|costs|13,861|-|13,861|24,816|41,278|66,094| |Accountancy|fees|2,193|-|2,193|1,993|-|1,993| |Professional|fees|1,046|-|1,046|289|-|289| |Travelling|2,276|-|2,276|678|-|678| |Advertising|&|social|media|4,000|-|4,000|3,760|-|3,760| |Prayer room|321|.|321|384|-|384| |Miscellaneous|purchases|21|-|21|150|-|150| |le| |50,957|10,078|61,035|44.117|59.677|103,794| |All|of the|2023|and|2024|expenditure|related|to|charitable|activities.| |4.|Net|income/(expenditure)|for the|year| |2024|2023| |Net|income/(expenditure)|is|stated|after|charging:|£|£| |{ndependent|Examiner's|remuneration|for| |the|independent|examination|2,180|1,980|

----- End of picture text -----

5. Trustee remuneration & Related Party Transactions

During the year trustees were reimbursed as follows:

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Robb|Philip|Harman|£nil|for expenses|(2023:|Enil)| |Stephen|Morris|Enil|for expenses|(2023:|Enil)| |Catherine|Smith|Enil|for expenses|(2023:|Enil)| |Peter|Connor|£nil|for|expenses|(2023:|Enil)| |Deborah|Connor|£nil|for|expenses|(2023:|Enil)| |Matt|Long|(Appointed|14/01/2025)|£nil|for expenses| |Alex|Connor|(Appointed|14/01/2025)|£nil|for expenses|

----- End of picture text -----

During the year a relative of Robb Harman, trustee, was employed by the charity. She was remunerated on par with her peers. Also another relative of Robb Harman provided advertising and social media services at arms length to the charity during the year totalling £4,000 (2023: £3,760).

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Proximity Church (formerly 24-7 Prayer Stanford) Charity Commission No. 1146983

Notes to the Financial Statements

For the Year Ended 31 December 2024

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5. Trustee remuneration & Related Party Transactions (Continued)

No trustee or member of the management committee were paid any remuneration during the period.

No trustee or other person related to the Charity had any personal interest in any contract or transaction entered into by the Charity during the period.

6. Staff costs

2024 2023
Staff costs during the yearwere as follows: £ £
Wages and salaries 11,325 68,199
Pension costs 153 951
11,478 69,150

The average number of employees during the year was 1 (2023: 4).

7. Taxation

As acharity, Proximity Church (formerly 24-7 Prayer Stanford) is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.

8. Debtors: Amounts falling due within one year

within one year
2024 2023
£ £
Other debtors - 500
- 500
due within one year
2024 2023
£ £
Accruals
Taxes and social security
1,996
18
2,014
1,740
111
1851

9. Creditors: Amounts falling due within one year

10. Analysis of Net Assets between funds

Unrestricted Restricted Unrestricted Unrestricted Restricted
Funds Funds Total Funds Funds Total
2024 2024 2024 2023 2023 2023
£ £ £ £ £ £
Current Assets 75,106 5,639 80,745 66,542 7,798 74,340
Current Liabilities (2,014)
73,092
-
5.639
(2,014)
78,731
(1,851)
64,691
:
7,798
(1,851)
72,489

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Proximity Church (formerly 24-7 Prayer Stanford) Charity Commission No. 1146983 Notes to the Financial Statements For the Year Ended 31 December 2024

141. Movement in funds

141.Movementinfunds
141. Movement in funds At1
January
Incoming
resources
Outgoing
resources
Transfers At 31
December
2024 2024 2024 2024 2024
£ £ £ £ £
Restricted funds:
Counselling, adviceand information
7.798 8.469 (10,078) (550) 5,639
Unrestricted funds:
General funds
64,691 58,808 (50,957) 550 73,092
Total funds 72,489 67,277 (61,035) . 78,731
Movement in funds in respectofthe comparative period: At1 Incoming Outgoing At 31
January
2023
resources
2023
resources
2023
Transfers
2023
December
2023
£ £ £ £ £
Restricted funds:
Counselling, advice and information
13,925 53,550 (59,677) - 7,798
Unrestricted funds:
General funds
57,299 51,509 (44,117) - 64,691
Totalfunds 71,224 105,059 (103,794) : 72,489

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Proximity Church (formerly 24-7 Prayer Stanford) Charity Commission No. 1146983

Notes to the Financial Statements

For the Year Ended 31 December 2024

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12. Comparative Statement of Financial Activities

Unrestricted Restricted Total
Funds Funds Funds
Notes 2023 2023 2023
£ £ £
Income from:
Donations and grants 51,333 53,550 104,883
Charitable activities - - -
Investmentincome received 176 . 176
51,509 53,550 105,059
Expenditure on:
Raising funds 3 - - -
Charitable activities 3 44,117 59,677 103,794
44,117 59,677 103,794
Netincome/(expenditure) 7,392 (6,127) 1,265
Transfers - - .
Net movements in funds 7,392 (6,127) 1,265
Reconciliation offunds:
Total funds broughtforward
Totalfundscarriedforward
11 57,299
64,691
13,925
7,798
71,224
72,489

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