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2024-03-31-accounts

REGISTERED CHARITY NUMBER: 1148214

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Christchurch Ilkley

Simon Hart FCCA Hart Wright Accounting Chartered Certified Accountants 24 Hall Drive Sutton In Craven North Yorkshire BD20 7NH

Christchurch Ilkley

Contents of the Financial Statements for the year ended 31 March 2024

Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Statement of Financial Position 9
Statement of Cash Flows 10
Notes to the Statement of Cash Flows 11
Notes to the Financial Statements 12 to 16
Detailed Statement of Financial Activities 17 to 18

Christchurch Ilkley

Report of the Trustees for the year ended 31 March 2024

The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The purpose of the Charity is to advance the Christian faith in the Area of Benefit in accordance with the principles and practices of the Participating Churches. In achieving its purposes, the Charity will engage in a range of activities, either on its own or with others, including (but not restricted to): a) the celebration of public worship; b) the teaching of the Christian faith; c) mission and evangelism; d) pastoral work, including visiting the sick and the bereaved; e) the provision of facilities with a Christian ethos for the local community, including (but not restricted to) the elderly, the young and other groups with special needs; and f) the support of other charities in the UK and overseas.

Page 1

Christchurch Ilkley

Report of the Trustees for the year ended 31 March 2024

ACHIEVEMENT AND PERFORMANCE Charitable activities

These pages of accounts describe the spending of the monies given by our members and other money raised and spent by the charity in the year 2023/24.

Christchurch as a charity exists to promote the Christian faith in the area of Ilkley. As Trustees we take our responsibilities seriously. Property is maintained, staff are paid, activities are carried out to fulfil our objectives and strategic thought given towards the ongoing work of the charity. These are all represented by these figures which continue to be the financial outworking of our vision: "Christ at the centre of the Church at the heart of the town".

Strategic direction and oversight by the Trustees developed during the year, and an awayday with external facilitators helped the Trustees think more deeply about the progress being made and the strategic direction of the Charity. The consensus of the meeting was that the current strategic direction was suitable, and that we should be looking to enhance and optimise this, rather than make any major changes.

Regular and varied public worship continues, with different forms of worship used on Sunday mornings, including the more informal café style services once a month. Sunday morning worship is still available on-line. Messy Church continues successfully on Sunday afternoons, with growing numbers, and SMILE serves a need across s wider area welcoming families with children with special needs. Several informal weekday evening events/services gave opportunities to engage with some of the uniformed organisations that use our building, and we also marked the Christmas season with "Carols in the Café" engaging café users in the life of the Church. The weekly ecumenical Pause for Thought service is hosted at Christchurch, and the long running monthly Melting Pot discussion group reformed into "What's it all about?" continuing to provide a place for deeper thinking about faith, ethical and world issues.

Children's and Youth work has continued to grow and develop. In addition to Messy Church and SMILES already mentioned above, the Monday toddlers' group is attracting large numbers to two sessions and Youth Hangout provides an opportunity for teenage children to 'hangout'. Our Children's and Youth worker who was already involved in supporting activities at other Churches in Ilkley and in the Circuit, as well as developing relationships with the Uniformed organisations that use our premises, has built deeper relationships with some local schools, and is able to link these activities to church-based events.

Pastoral work took place throughout the year, with the opportunity to offer home communion to people who are housebound or mobility restricted being much appreciated. Support to those going through significant life-changes, including bereavement, continued, with the addition of occasional lunches to bring some of the people supported in this way together. Much pastoral work takes place in the context of house groups, which also re-started basing studies firstly around a book called "Tomorrow's Christian" and secondly "God's Green Book" addressing climate issues. Some house group members also engaged in pastoral training. Members and officers undertook training in Equality, Diversity and Inclusion, and unconscious bias training was also offered.

The Church remains fully committed to outreach and sharing the good news of the Christian faith with the people of Ilkley and the surrounding area. This has included new Faith Talk sessions linked to Messy Church/Dan's Den, Grave Talk helping people to talk about matters relating to death, and opportunities to greet people on The Grove as part of 'market mission'. Two people were welcomed into membership during the year following a series of meetings. During the year six people were baptised (five children and one adult) and we conducted one wedding.

An outward facing focus is central to our mission and ministry, both within the local community and more widely. The year saw the continuing of the relationship with the Wharfe Valley Pathways Group who bring together several well-being agencies/charities to run a conversation café in our lower-hall one day a week, on a drop-in or NHS referral basis. Giving overseas included funds raised for Peer Talk, Commitment for Life, Amos Trust, Christian Aid, Mediterranean Hope, Kidz Klub Leeds, and the World Mission Fund (Methodist Women in Britain). The annual Jigsaw Festival was once again very successful, with many visitors from near and far, and raising substantial funds for a range of charities.

There have been some challenges in terms of premises. The new toilets are very much welcomed, but some teething and quality issues have caused disruption to normal activities on occasions. The heating system in Dan's Den (Riddings Hall) has required considerable remedial work, both related to the radiators and heat distribution and then necessitating a boiler replacement. We are pleased that the system now seems to be operating well, and we grateful for a substantial donation towards the costs involved.

Page 2

Christchurch Ilkley

Report of the Trustees for the year ended 31 March 2024

The café remains an important part of the inclusion and warm welcome that is integral to the mission and ministry of the church, and we are pleased that it continues to be both busy and very much appreciated by both regular and occasional users.

Cost pressures have continued to have an impact on our operations, with high energy prices a particular challenge, along with a 10% rise in wage costs linked to an increase in the Real Living Wage. Steps are being developed to reduce costs in several areas, as well as to maximise income.

A very significant and positive development has been the successful appointment in January 2024 of an Operations Manager, after several recruitment rounds. This post, funded in part by grants from the URC and Methodist Church, is seen as a vital step in putting the increasingly complex operational matters of the church on a sound footing, and releasing time of the Minister and lay people to increase mission and ministry.

FINANCIAL REVIEW

Reserves policy

The Policy relates to the General Fund and includes the current account held at Barclays and Central Finance Board (CFB) deposit account. The Policy is to maintain general cash reserves equivalent to at least thirteen weeks average expenditure. The General Fund cash balances stood at £102,636 ( PY £68,207) at the 31st March 2024. Thirteen weeks average expenditure would be equivalent to approximately £71,351 (PY £62,433) based on the 2024/25 budget.

Income and Expenditure

Overall income for the year was £409,862, significantly lower than in 2022/23 when income was £499,705. The prior year increase was in part due to grant income towards a toilet refurbishment project, and also the result of generous congregational giving.

Overall expenditure was £431,527 compared with £465,323 in 2022/23.

The General Fund net movement of funds was a decrease of £19,181 after transferring to it £15,432 from Designated Funds, including £10,431 from the Christchurch Café and £5,001 from unrestricted legacies. The Christchurch Café made a surplus of £10,431 prior to transfers. The net movement in Total Funds was a decrease of £21,665, comprised of a decrease of £19,181 in the General Fund and £2,484 in the Legacy Fund.

FUTURE PLANS

During the next year, we will build on the continuing growth in mission and ministry set out in the report for the year 2023-24 above. The Trustees awayday clearly endorsed the general direction and the progress made, but without any sense of complacency. The feeling was that we should continue to build on the momentum and success, being mindful of the need on occasion to make decisions about setting priorities. The Trustees will play an important role to play in making such decisions.

As an LEP, Christchurch is connected to the wider church through both the Methodist Church and URC. We have been developing links with both bodies and continue to be party of the wider discussions as they consider the future for mission in the Wharfe valley more widely. There will be a change of Minister at Christchurch on or after the beginning of September 2025, and it is expected that this minister will come from the URC. The process of agreeing a Pastorate Profile and then seeking to discern a new minister will form a significant activity through the 2024-25 Financial Year, and the Trustees have delegated oversight of this process to a Pastorate Committee.

In financial terms, the cost pressures from 2023-24 will carry forward into the current year, with a further 10%. rise in the Real Living Wage a significant factor. The new year will be challenging financially, and measures are already in hand to increase income, improve the contribution from the café and reduce costs. The newly appointed Operations Manager will help to oversee these changes on a day-to-day basis. The opportunity to renegotiate utility contracts should allow savings to be made.

Longer term financial planning is becoming more important, to develop a financial plan over a two-to-three-year period and to ensure a smooth transition to the different financial arrangements that will apply from having URC ministry during the subsequent 2025-26 Financial Year.

Page 3

Christchurch Ilkley

Report of the Trustees for the year ended 31 March 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The Partnership is governed by the Model Constitution for a Single Congregation Local Ecumenical Partnership adopted on the 27th May 2012 and a Sharing Agreement dated 16 June 1992 relating to the premises.

Organisational structure

Christchurh, known as "Christchurch, Ilkley", is the Local Ecumenical Partnership (L.E.P) between a Methodist Church in the Wharfedale and Aireborough Circuit and a United Reformed Church (U.R.C) within the Yorkshire Synod.

The work and mission of the Charity is carried out through the Leadership Team comprising the Minister and ten Trustees, elected by the Congregational meeting, each of whom have a particular area of responsibility or 'Portfolio'. The Leadership team is accountable to the Trustees and the Congregational Meeting.

For more information about the role and work of the Charity, Church based activities and events and details of secular groups and societies using the premises, visit our website at www.christchurchilkley.org.uk.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

There are three major risks:-

Operational and other risks, particularly in the Health and Safety area, are assessed and evaluated on an ongoing basis. This process has been strengthened by the appointment of an Operations Manager

Charity Registration

The L.E.P is registered with the Charity Commission, Charity number 1148214. For Gift aid claims, the L.E.P is registered with the Inland Revenue (Charities) under registration number XN 65400.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1148214

Principal address

The Grove Ilkley West Yorkshire LS29 9LW

Page 4

Christchurch Ilkley

Report of the Trustees

for the year ended 31 March 2024

Trustees

Rev R R Topham Minister M Cook J Stanley D Gouldesborough Chair I Thake W Ribbands (resigned 19.7.23) J Thompson L Duttine P Evans J Freeman J Smith C Knamiller V Worrall J Sayer C Brunold S Carruthers P Fisher K Sinclair A Vourdas J Walker A Walbank W Lacy (resigned 25.10.23)

The managing trustees are elected by the Annual Congregational Meeting from among the Members of the Charity

Independent Examiner

Simon Hart FCCA Hart Wright Accounting Chartered Certified Accountants 24 Hall Drive Sutton In Craven North Yorkshire BD20 7NH

Bankers

Barclays Bank plc 9 Brook street Ilkley West Yorkshire LS29 8AD

Insurers

Congregational and General Insurance plc Currer House Currer Street Bradford West Yorkshire BD1 5BA

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Page 5

Christchurch Ilkley

Report of the Trustees for the year ended 31 March 2024

STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 6[th] August 2024 and signed on its behalf by:

........................................................................ D Gouldesborough - Trustee

Page 6

Independent Examiner's Report to the Trustees of Christchurch Ilkley

Independent examiner's report to the trustees of Christchurch Ilkley

I report to the charity trustees on my examination of the accounts of Christchurch Ilkley (the Trust) for the year ended 31 March 2024.

Responsibilities and basis of report

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

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Simon Hart

The Association of Chartered Certified Accountants

Simon Hart FCCA Hart Wright Accounting Chartered Certified Accountants 24 Hall Drive Sutton In Craven North Yorkshire BD20 7NH

Date: ......10/07/2024....................................

Page 7

Christchurch Ilkley

Statement of Financial Activities for the year ended 31 March 2024

Unrestricted
Designated-
fund
Cafe
Designated-Other
Notes
£
£
£
INCOME AND
ENDOWMENTS FROM
Donations and legacies
2
175,646
1
14,014
Charitable activities
Catering
-
145,052
-
Room and Equipment hire
35,483
-
-
Family and youth
16,000
-
-
Investment income
3
10,063
-
-
Other income
13,603
-
-
Total
250,795
145,053
14,014
EXPENDITURE ON
Charitable activities
Catering
-
133,337
-
Room and Equipment hire
31,307
-
-
Family and youth
(209)
-
1,383
General Fund
38,818
620
-
Sundry Expenses
3,172
-
100
Property & Equipment
63,290
665
-
Staff costs
43,859
-
-
Office
4,501
-
-
Governance
-
-
-
Donations
(388)
-
10,014
Other
101,058
-
-
Total
285,408
134,622
11,497
NET
INCOME/(EXPENDITURE)
(34,613)
10,431
2,517
Transfers between funds
10
15,432
(10,431)
(5,001)
Net movement in funds
(19,181)
-
(2,484)
RECONCILIATION OF
FUNDS
Total funds brought forward
138,650
-
130,398
TOTAL FUNDS CARRIED
FORWARD
119,469
-
127,914
2024
Total
funds
£
189,661
145,052
35,483
16,000
10,063
13,603
409,862
133,337
31,307
1,174
39,438
3,272
63,955
43,859
4,501
-
9,626
101,058
431,527
(21,665)
-
(21,665)
269,048
247,383
2023
Total
funds
£
307,946
127,048
37,612
10,300
4,172
12,627
499,705
120,119
25,017
-
31,747
(441)
115,007
39,245
-
20,558
5,261
108,810
465,323
34,382
-
34,382
234,666
269,048

The notes form part of these financial statements

Page 8

Christchurch Ilkley

Statement of Financial Position 31 March 2024

Unrestricted
Designated-
fund
Cafe
Designated-Other
Notes
£
£
£
FIXED ASSETS
Tangible assets
6
1,136
1,898
-
CURRENT ASSETS
Stocks
7
-
2,068
-
Debtors
8
34,506
-
-
Cash at bank and in hand
102,635
2,271
127,914
137,141
4,339
127,914
CREDITORS
Amounts falling due within one
year
9
(18,808)
(6,237)
-
NET CURRENT ASSETS
118,333
(1,898)
127,914
TOTAL ASSETS LESS
CURRENT LIABILITIES
119,469
-
127,914
NET ASSETS
119,469
-
127,914
FUNDS
10
Unrestricted funds:
General fund
Legacy Fund
Mums & Toddlers
Gather Together
Benevolent Fund
Special Collections
TOTAL FUNDS
2024
Total
funds
£
3,034
2,068
34,506
232,820
269,394
(25,045)
244,349
247,383
247,383
119,469
126,000
499
967
448
-
247,383
247,383
2023
Total
funds
£
4,668
2,068
82,376
199,925
284,369
(19,989)
264,380
269,048
269,048
138,650
128,411
-
-
448
1,539
269,048
269,048

The financial statements were approved by the Board of Trustees and authorised for issue on 6[th] August 2024 and were signed on its behalf by:

............................................. D Gouldesborough - Trustee

The notes form part of these financial statements

Page 9

Christchurch Ilkley

Statement of Cash Flows
for the year ended 31 March 2024
2024
Notes
£
Cash flows from operating activities
Cash generated from operations
1
32,895
Net cash provided by/(used in) operating activities
32,895
Cash flows from investing activities
Purchase of tangible fixed assets
-
Net cash provided by/(used in) investing activities
-
Change in cash and cash equivalents in
the reporting period
32,895
Cash and cash equivalents at the
beginning of the reporting period
199,925
Cash and cash equivalents at the end of
the reporting period
232,820
2023
£
(19,553)
(19,553)
(670)
(670)
(20,223)
220,148
199,925

The notes form part of these financial statements

Page 10

Christchurch Ilkley

Notes to the Statement of Cash Flows

for the year ended 31 March 2024

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Increase in stocks
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operations
2024
£
(21,665)
1,635
(1)
47,870
5,056
32,895
2023
£
34,382
1,599
(1,051)
(51,805)
(2,678)
(19,553)

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.23 Cash flow At 31.3.24
£ £ £
Net cash
Cash at bank and in hand 199,925 32,895 232,820
199,925 32,895 232,820
Total 199,925 32,895 232,820

The notes form part of these financial statements

Page 11

Christchurch Ilkley

Notes to the Financial Statements for the year ended 31 March 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Organ & Audio - 20% on cost Fixtures and fittings - 10% on cost Sundry Equipment - 20% on cost Computer equipment - 50% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Christchurch, Ilkley is an Exempt Charity within the meaning of the Charities Act 2011 and as such is a Charity within the meaning of the Taxes Act. Accordingly Christchurch, Ilkley is potentially exempt from taxation in respect of income or capital gains received within categories covered by the Taxes Act

The Cafe is registered for Value Added Tax. There is no recovery of Value Added Tax in respect of all other general and designated fund activities of Christchurch, Ilkley of either a revenue or capital nature, apart from VAT recovered on eligible expenditure under the Listed Places of Worship Grant Scheme.

General, designated and restricted funds

General funds represent the funds of the Charity that are not subject to any restrictions regarding their use and are available for application on the general purposes of the Charity.

Certain general funds have been designated by the Trustees for specific purposes (but remain unrestricted) as follows:-

i. Café - The café is an income generating activity area and as such the funds of the Café are separately administered as designated funds. The majority of any surplus generated is transferred to general funds on an annual basis. The activity of the Café is in furtherance of the charity's objectives as well as an income generator.

ii. Other designated funds - Other funds are designated to a particular activity area of the Church as and when necessary for the operation of such activities. The Trustees approve and oversees such funds.

continued...

Page 12

Christchurch Ilkley

Notes to the Financial Statements - continued for the year ended 31 March 2024

1. ACCOUNTING POLICIES - continued

General, designated and restricted funds

The Legacy Fund currently includes a mixture of restricted and unrestricted funds, the former representing approximately 5% of the Fund as a result of the requests of the donor. The Fund is held for specific future projects or other capital expenditure as directed by the Trustees (unrestricted part) or by the donor in conjunction with the oversight of the Trustees. All legacies received are initially paid into this Fund

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

2. DONATIONS AND LEGACIES

Gifts
Donations and fundraising
Gift aid
Legacies
Grants
2024
Unrestricted
funds
£
(1)
149,162
28,452
2,690
9,358
189,661
2023
Total
funds
£
(3)
180,313
28,489
20,000
79,147
307,946

Grants received, included in the above, are as follows:

Other grants 2024
£
9,358
2023
£
79,147

Included in grants receivable for the year is £5,000 related to the toilets renovation project (prior year of £73,831)

3. INVESTMENT INCOME

2024
Unrestricted
funds
£
Interest
10,063
2023
Total
funds
£
4,172

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

continued...

Page 13

Christchurch Ilkley

Notes to the Financial Statements - continued for the year ended 31 March 2024

5. STAFF COSTS

STAFF COSTS
Wages and salaries
Social security costs
2024
£
157,787
3,361
161,148
2023
£
138,803
1,690
140,493

The average monthly number of employees during the year was as follows:

Youth Worker
Office
Caretaker and cleaner
Catering (including 4 Saturday staff)
2024
1
1
2
9
13
2023
1
1
2
9
13

No employees received emoluments in excess of £60,000.

6. TANGIBLE FIXED ASSETS

Organ &
Audio
£
COST
At 1 April 2023 and
31 March 2024
49,684
DEPRECIATION
At 1 April 2023
49,454
Charge for year
214
At 31 March 2024
49,668
NET BOOK VALUE
At 31 March 2024
16
At 31 March 2023
230
Fixtures
and
Sundry
Computer
fittings
Equipment
equipment
£
£
£
61,080
31,670
9,019
60,348
29,183
7,800
149
660
611
60,497
29,843
8,411
583
1,827
608
732
2,487
1,219
Totals
£
151,453
146,785
1,634
148,419
3,034
4,668

Consecrated and beneficed property of any kind is excluded from the accounts by s.10 (2) (a) and (C) of the Charities Act 2011.

All assets (excluding consecrated and beneficed property) acquired since 6 April 2000 have been capitalised at cost and depreciated in the accounts over their anticipated useful economic life on a straight line basis.

For assets acquired prior to 6 April 2000 there is insufficient cost information available and therefore such assets are not valued in the accounts. The Trustees are of the opinion that these assets are not material to the financial statements.

All expenditure incurred in the year, on assets under £500, is written off to resources expended

continued...

Page 14

Christchurch Ilkley

Notes to the Financial Statements - continued for the year ended 31 March 2024

7. STOCKS

Stocks
8.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments and accrued income
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Accruals and deferred income
Accrued expenses
2024
£
2,068
2024
£
6,315
28,191
34,506
2024
£
3,178
3,102
12,528
6,237
25,045
2023
£
2,068
2023
£
875
81,501
82,376
2023
£
86
(1,297)
14,006
7,194
19,989

10. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

Page 15

continued...

Christchurch Ilkley

Notes to the Financial Statements - continued for the year ended 31 March 2024

11. OTHER DESIGNATED FUNDS

INCOMING
RESOURCES
Voluntary
Income:
Legacies
Donations
Charitable
activities
Family & youth
Gift Aid
Interest
RESOURCES
EXPENDED
Sundry Exps
Donations
Tfr
Benevolent
Fund
£
0
0
Legacy
Fund
£
2,690
2,690
100
100
Special
Coll
£
8,476
8,476
10,014
10,014
Gather
Togeth er
Fund
£
1,548
1,548
581
581

Mums &
Toddlers /
Music
Lovers
£
1,300
1,300
802
802
Major
Expend
Fund
£
0
Total
£
0
2,690
11,324
0
0
0
0
14,014
1,483
10,014
11,497

Page 16

Christchurch Ilkley

Detailed Statement of Financial Activities

for the year ended 31 March 2024

2024
Unrestricted
funds
£
INCOME AND ENDOWMENTS
Donations and legacies
Gifts
(1)
Donations and fundraising
149,162
Gift aid
28,452
Legacies
2,690
Grants
9,358
189,661
Investment income
Interest
10,063
Charitable activities
Catering
145,052
Room & equipment hire
35,483
Family & youth
16,000
196,535
Other income
Sundry income
1,103
Licence fee
12,500
13,603
Total incoming resources
409,862
EXPENDITURE
Charitable activities
Wages
117,289
Sundries
61
117,350
Support costs
Support
Wages
40,498
Social security
3,361
Other operating leases
-
Rates and water
4,173
Light and heat
39,447
Telephone
1,286
Postage and stationery
4,501
Carried forward
93,266
2023
Total
funds
£
(3)
180,313
28,489
20,000
79,147
307,946
4,172
127,048
37,612
10,300
174,960
1,377
11,250
12,627
499,705
101,248
417
101,665
37,555
1,690
127
3,145
26,022
1,309
5,255
75,103

This page does not form part of the statutory financial statements

Page 17

Christchurch Ilkley

Detailed Statement of Financial Activities

for the year ended 31 March 2024

2024
Unrestricted
funds
£
Support
Brought forward
93,266
Property maintenance
19,049
Cleaning
5,865
Equipment Maint & Purch
8,588
Donations
9,626
Circuit Assessment
104,142
Cost of Goods Sold
44,697
Plant and machinery
-
Fixtures and fittings
380
Motor vehicles
595
Computer equipment
660
286,868
Governance costs
Insurance
11,676
Accountancy and legal fees
11,426
Bank Charges
996
Miscellaneous expenses
3,211
27,309
Total resources expended
431,527
Net income/(expenditure)
(21,665)
2023
Total
funds
£
75,103
110,417
2,450
2,981
5,261
102,110
41,722
214
418
419
548
341,643
10,568
9,990
407
1,050
22,015
465,323
34,382

This page does not form part of the statutory financial statements

Page 18