CITY CHURCH WORCESTER
Accounts- 31 December 2024
## **CITY CHURCH WORCESTER**
(A company limited by guarantee and not having a share capital)
Charity number: 1147713 Company number: 7918567
Accounts – Year ended 31 December 2024
## **INDEX**
|1-3.|Report of the Trustees and General Information|
|---|---|
|4.|Independent Examiner’s Report to the Trustees|
|5.|Statement of Financial Activities|
|6.|Balance Sheet|
|7-12.|Notes to the Accounts|
**Registered in England and Wales No: 7918567**
1.
## **CITY CHURCH WORCESTER**
## **REPORT OF THE TRUSTEES**
## **for the year ended 31 December 2024**
The Trustees are pleased to present their annual report and financial statements of the charity for the year ending 31 December 2024 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s governing document, the Charities Act 2011, the Companies Act 2006, the Memorandum & Articles of Association and the Charities Statement of Recommended Practice (“Charities SORP) (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ireland; FRS 102) issued in October 2019.
## **Reference and Administration Details**
The charity’s name is City Church Worcester.
Charity Registration Number: 1147713
Company Number: 7918567
Registered Office: The Angel Centre, Angel Place, Worcester, WR1 3QN
## **Trustees and Directors**
The Trustees of the charitable company (the charity) are its Directors for the purposes of company law. The Trustees and officers who served during the year and since the year end were as follows:
E Campsall H Farrington D Crow J Abladey – resigned 29 February 2024 M Donaldson S Raymond
## **Objects and Activities**
The main objects of the charity are:
- a) The advancement of the Christian faith. b) To relieve persons in conditions of need or hardship or who are aged or sick. c) To advance education.
In planning the activities of the charitable company the trustees have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.
2.
## **CITY CHURCH WORCESTER**
## **REPORT OF THE TRUSTEES**
## **for the year ended 31 December 2024 (** Continued)
## **Achievements and Performance**
City Church has continued to operate as a charitable organisation and increased its activities for partners and the wider community alike. We hold regular community gatherings in the Church for adults and children, in addition there are other children’s activities, a variety of smaller groups covering special interests for education, artistic expression, family and community support and recreation. Almost all of these groups are open to anyone outside of the Church and have attracted new people into the setting of our Christian environment.
Sunday worship times remain open to all and are held at The Angel Centre, where the church also rents office space which is open and staffed to administer and manage the Church’s work during the week. Other Church staff and volunteers are involved with maintaining and developing our work.
Our weekly groups promote and sustain the spiritual, physical and mental health of those in the Church community and beyond. In addition, our members participate in, support and help to sponsor other local charities that are involved in activities including the food bank, counselling service, support for those who foster and/or adopt and debt advice services.
We work closely with a network of other Christian churches in Worcester and have been involved with many city-wide initiatives. In addition, we are a part of a wider, national group of churches in Synergy Sphere, who work together to pursue similar Christian, charitable aims. City Church engages in Christian charitable work abroad in a variety of ways. We have partners placed internationally.
On 15 November 2024 we completed the sale of Lindisfarne House, started negotiations for the purchase of The Angel Centre where we have been meeting throughout 2024 and began the search for a full-time leader. There is a strong feeling of confidence as we look to the future.
## **Financial Review**
The total income for the year was £143,593 and total expenditure on charitable activities amounted to £152,376. In addition, the property called Lindisfarne House was sold for a gain after legal expenses of £700,941.
## **Reserves Policy**
The trustees have examined the charity’s requirements for reserves taking account of the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be sufficient to cover at least three months of expenditure. The trustees consider that the amount required is between £30,000 and £35,000 in general funds. The trustees are confident that, at this level they would be able to continue the current activities of the charity in the event of a significant drop in funding.
Whilst income funds net of fixed assets stands at £1,046,208 a designation of £2,046 has been set aside for the following broad classes of activity:
- Specific ministry activities of the organisation as a local church,
- Support for other ministries within Worcester and the community itself, and
- International missionary activities.
A further £60,430 has been set aside as a storehouse fund which is primarily to be put towards building maintenance and other essential costs and the majority of the gain on sale of the property has been set aside in a building asset fund. This fund has a balance of £939,722 at the year end.
3.
## **CITY CHURCH WORCESTER**
## **REPORT OF THE TRUSTEES**
## **for the year ended 31 December 2024 (** Continued)
## **Reserves Policy (continued)**
The present level of general funds available to the charity is £44,010. This is well above the required level but the trustees will continue to monitor this. The trustees plan to maintain general funds by managing the charity’s general expenditure within current income levels.
## **Structure, Governance and Management**
## **Governing Document**
City Church Worcester is a company limited by guarantee governed by its Memorandum and Articles of Association dated 6 January 2012. It is registered as a charity with the Charity Commission. Members of the charitable company guarantee to contribute amounts not exceeding £1 to the assets of the charitable company in the event of winding up.
## **Appointment of Trustees**
The trustees keep the composition of the board under review and will seek to appoint additional members with appropriate skills and expertise should the need arise. Interested parties are given details of the background of the charitable company in order to make them aware of current activities.
This report has been prepared in accordance with the special provisions relating to companies subject to the Small Companies Regime within part 15 of the Companies Act 2006.
Approved by the trustees on 22nd July 2025 and signed on its behalf by:
E Campsall
…………………………….. Trustee
Worcester
**CITY CHURCH WORCESTER**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES**
I report to the trustees on my examination of the accounts of City Church Worcester for the year ended 31 December 2024.
## **Responsibilities and Basis of Report**
As the charity’s trustees (and also 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 charitable 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 your charity’s accounts as 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**
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 charitable 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 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)].
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.
A P Williams FCCA A J Carter & Co Limited Chartered Certified Accountants
22b High Street Witney Oxon OX28 6RB
5th August 2025
5.
## **CITY CHURCH WORCESTER**
## **STATEMENT OF FINANCIAL ACTIVITIES**
(including on income and expenditure account)
## **for the year ended 31 December 2024**
|Note
**Income from:**
Donations and legacies
3
Charitable activities
4
Investments
5
Other
6
**Total incoming resources**
**Expenditure on:**
Charitable activities
7
**Total expenditure**
**Net income/(expenditure) and net**
**movement in funds for the year**
**Transfer between funds**
**Other recognised gains**
Gains on sale of fixed assets
18
**Net movement in funds**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**2024**
**£**
**£**
**£**
122,415
11,984
134,399
2,345
-
2,345
4,742
-
4,742
2,107
-
2,107
131,609
11,984
143,593
141,806
10,570
152,376
141,806
10,570
152,376
(10,197)
1,414
(8,783)
(5,650)
5,650
-
700,941
-
700,941
685,094
7,064
692,158
362,703
7,131
369,834
£1,047,797
£14,195 £1,061,992|**Total**
**Funds**
**2023**
**£**
140,768
12,422
2,187
3,079|
|---|---|---|
|||158,456|
|||174,648|
|||174,648|
|||(16,192)
-
-|
|||(16,192)
386,026|
|||£369,834|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derives from continuing activities.
The notes on pages 7 to 12 form part of these financial statements
Registered in England and Wales: 7918567
## **CITY CHURCH WORCESTER**
## 6.
## **BALANCE SHEET as at 31 December 2024**
|Note
**Fixed assets**
Tangible assets
13
**Total fixed assets**
**Current assets**
Debtors
14
Cash at bank and in hand
**Total current assets**
**Liabilities**
Creditors falling due within one year
15
**Net current assets**
**Total assets less current liabilities**
**Total net assets**
16
**The funds of the Charity**
Restricted income funds
17
Unrestricted income funds
17
Total unrestricted funds
**Total charity funds**|**2024**
**£**
1,589
1,589
8,164
1,054,994
1,063,158
2,755
1,060,403
1,061,992
£1,061,992
14,195
1,047,797
1,047,797
£1,061,992|**2023**
**£**
247,307|
|---|---|---|
|||247,307|
|||20,440
104,937|
|||125,377
2,850|
|||122,527|
|||369,834|
|||£369,834|
|||7,131|
|||362,703|
|||362,703|
|||£369,834|
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## **Directors Responsibilities**
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
The directors acknowledge their responsibilities for complying with the requirements of the act with respect to the accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions relating to companies subject to the Small Companies Regime within part 15 of the Companies Act 2006.
These accounts were approved by the board of directors and authorised for issue on: 22nd July 2025 and are signed on their behalf by:
The notes on pages 7 to 12 form part of these financial statements
**CITY CHURCH WORCESTER**
7.
**NOTES TO THE ACCOUNTS for the year ended 31 December 2024**
## 1. **Accounting Policies**
The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## a) **Basis of Preparation**
The Financial Statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Reporting Financial Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective October 2019) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## b) **Public Benefit Entity**
City Church Worcester meets the definition of a public benefit entity under FRS 102.
## c) **Going Concern**
The Trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
## d) **Income Recognition Policies**
Items of income are recognised and included in the accounts when all of the following criteria are met:
- The charity has entitlement to the funds;
- any performance conditions attached to the items of income have been met or are fully within the control of the charity;
- there is sufficient certainty that receipt of the income is considered probable; and;
- the amount can be measured reliably.
Income received in advance of a specific performance or provision of other specified service is deferred until the criteria for income recognition are met.
- e) **Interest Receivable**
- Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the bank.
## f) **Fund Accounting**
- Unrestricted funds are available to spend on activities that further any of the purposes of the Charity. Designated funds are unrestricted funds of the Charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for the particular areas of the Charity’s work or for specific projects being undertaken by the Charity.
**CITY CHURCH WORCESTER**
8.
## **NOTES TO THE ACCOUNTS**
**for the year ended 31 December 2024 (** Continued)
## g)
## **Expenditure and Irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## h)
## **Tangible Fixed Assets**
Individual fixed assets are capitalised at cost and are depreciated over their estimated useful economic lives on the straight line basis as follows:
Motor Vehicles - 25% straight line Equipment - 20% straight line Freehold Property - not depreciated
- i)
## **Debtors**
Trade and other debtors are recognised at the settlement amounts due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.
- j) **Cash at Bank and in Hand** Cash at bank and cash 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.
- k)
## **Creditors and Provisions**
Creditors and provisions are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## 2. **Legal Status of the Charity**
The Charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.
## 3. **Income from donations**
|Gifts and donations|2024
£
134,399
£134,399|2023
£
140,768|
|---|---|---|
|||£140,768|
Of the £134,399 received in 2024 (2023: £140,768) £11,984 was restricted funds (2023: £4,799) and £122,415 (2023: £135,969) unrestricted funds.
4. **Income from charitable activities**
|Events, conferences and training|2024
£
2,345
£2,345|2023
£
12,422|
|---|---|---|
|||£12,422|
**CITY CHURCH WORCESTER**
9.
## **NOTES TO THE ACCOUNTS**
**for the year ended 31 December 2024 (** Continued)
## 5. **Investment income**
All of the Charity investment income arises from money held in CAF Bank account.
## 6. **Income earned from other sources**
|Use of facilities
Other
7.**Analysis of expenditure on charitable activities**
**Ministry**
Ministry support
UK giving
Overseas giving and trips
Events
Conferences and training
Church services
Ministry activities
Other grants and gifts
**Property**
Premises hire
Rates, water and heat and light
Repairs and maintenance
Insurance
Cleaning
Depreciation - Equipment and furniture
**Administration**
Paper, postage and stationery
IT supplies
Telephone and internet
Bank charges and interest
Miscellaneous
Legal & professional
**Governance costs**
**Total**|2024
£
2,107
-
£2,107
2024
Total
£
63,043
23,145
7,650
1,439
3,044
2,902
1,830
10,692
3,635
10,992
3,808
2,344
540
2,608
850
3,225
1,562
232
1,999
4,329
2,507
£152,376|2023
£
3,079
-
£3,079
2023
Total
£
88,857
7,660
10,843
15,197
5,280
140
2,962
5,905
2,658
12,032
5,584
3,238
1,416
3,959
719
2,393
801
306
2,051
-
2,647|
|---|---|---|
|||£174,648|
Of the £152,376 expenditure in 2024 (2023 £174,648), £141,806 was charged to unrestricted funds (2023: £167,114) and £10,570 to restricted funds (2023: £7,534).
10.
## **CITY CHURCH WORCESTER**
## **NOTES TO THE ACCOUNTS**
**for the year ended 31 December 2024 (** Continued)
## 8. **Net income/(expenditure) for the year**
|_This is stated after charging:_
Depreciation
Accountancy services|2024
£
2,608
1,320|2023
£
3,959
1,290|
|---|---|---|
## 9. **Analysis of staff costs and trustee remuneration and expenses**
|Salaries and wages
Social security costs
Employer Contribution to Defined Contribution Pension Scheme|2024
£
51,968
344
3,880
£56,192|2023
£
81,250
-
3,614|
|---|---|---|
|||£84,864|
No employees had emoluments in excess of £60,000 (2023: Nil).
None of the trustees received any remuneration during the year.
During the year key management personnel were paid a total of £37,918 (2023 £60,124).
## 10. **Staff numbers**
The average monthly number of employees during the year was as follows:
|2024|2023|
|---|---|
|Number|Number|
|3|5|
## 11. **Related party transactions**
During the year under review trustees, key management personnel and close relatives made unrestricted donations totalling £21,420 (2023: £25,750) and restricted donations totalling £1,260 (2023: £230) to the charity.
## 12. **Corporation tax**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
11.
## **CITY CHURCH WORCESTER**
## **NOTES TO THE ACCOUNTS**
**for the year ended 31 December 2024 (** Continued)
## 13. **Tangible fixed assets**
|Freehold
land and
Motor
buildings
vehicles
£
£
Cost:
As at 1.1.2024
243,110
6,891
Additions
-
-
Disposals
(243,110)
-
As at 31.12.2024
-
6,891
Depreciation:
As at 1.1.2024
-
6,891
Charge for year
-
-
On disposals
-
-
As at 31.12.2024
-
6,891
Net book value:
As at 31.12.2024
£-
£-
As at 31.12.2023
£243,110
£-
14.**Debtors**
Tax refunds due
Prepayments and accrued income
Other debtors
15.**Creditors: amounts falling due within one year**
Trade creditors
Accruals
Other creditors|Freehold
land and
Motor
buildings
vehicles
£
£
243,110
6,891
-
-
(243,110)
-|Equipment
£
89,426
-
-
89,426
85,229
2,608
-
87,837
£1,589
£4,197
2024
£
6,664
1,500
-
£8,164
2024
£
1,174
1,320
261
£2,755|Total
£
339,427
-
(243,110)
96,317
92,120
2,608
-
94,728
£1,589
£247,307
2023
£
5,371
15,069
-
£20,440|
|---|---|---|---|
||-
6,891|||
||-
6,891
-
-
-
-|||
||-
6,891|||
||£-
£-|||
||£243,110
£-|||
||||2023
£
951
1,320
579
£2,850|
12.
## **CITY CHURCH WORCESTER**
**NOTES TO THE ACCOUNTS for the year ended 31 December 2024 (** Continued)
## 16. **Analysis of net assets between funds**
|Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)
**Total**|General
Designated Restricted
Fund
Funds
Funds
£
£
£
1,589
-
-
40,647
1,000,152
14,195
5,409
-
-
£47,645 £1,000,152
£14,195|Total
£
1,589
1,054,994
5,409
£1,061,992|
|---|---|---|
## 17. **Analysis of charitable funds**
## **Analysis of movements in restricted funds**
|Balance
Incoming
Resources
Realised
1.1.2024
resources
expended
Gain
Transfers
£
£
£
£
£
Restricted giving
7,131
11,984
(10,570)
-
5,650
**Total**
£7,131
£11,984
£(10,570)
£-
£5,650
**Name of restricted fund**
**Description, nature and purposes of the fund**
Restricted giving
For specific projects both in the UK and abroad|Funds
31.12 2024
£
14,195
£14,195|
|---|---|
|||
## **Analysis of movements in unrestricted funds**
|General fund
Storehouse fund
Building asset fund
**Total**|Balance
Incoming
Resources
Realised
1.1.2024
resources
expended
Gain
Transfers
£
£
£
£
£
274,678
131,609
(137,477)
-
(221,165)
88,025
-
(4,329)
-
(23,266)
-
-
-
700,941
238,781
£362,703
£131,609 £(141,806) £700,941
£(5,650)|Funds
31.12.2024
£
47,645
60,430
939,722|
|---|---|---|
|||£1,047,797|
## **Name of unrestricted fund Description, nature and purposes of the fund**
General fund The 'free reserves' after allowing for all designated funds. Storehouse fund Set aside by Trustees for maintenance and other essential costs.
## 18. **Profit on Sale of Property**
During the year the Charity sold the property known as Lindisfarne House. The sale proceeds are currently being held in a designated 'building asset' fund.