Bexleyheath Community Church Report and Accounts Year ended 31 July 2024 Stewardshlp Aet1ve¥enen1ty 1 L8rnb* Pg$w•. London EC1Y 8A8 VMW.St•wardBhip.oTg.uk
BEXLEYHEATH COMMUNITY CHURCH COMPANY INFORMATION FOR THE YEAR ENDED 31 JULY 2024 The charlty h al80 known as New Hope chUh TTu$tsos Ms Z 8lanchard- appolnled August 2023 Ms R Hood- resigned August 2023 Ms L A Martin Mr O Scutt- appointed August 2023 Mr R C Thomas- resigned August 2023 Mr G Wnoer Company S•crntsry Mr G Wncer Gov•rnlng D¥Mont Memorandum and Artides of Association dated 9 Juty 2012 Company Roglstratlon Numbor 08134173 Charity R•ghtrntlon Numb9r 1148417 Règlstergd Offl¢• 3 Branlwood Avanue Er¢th Kent DA8 1EH Prln¢lpal Addrnss Lyndhurst Chapel Lyndhurst Road 8amehurst DA7 6DL Ind•p•ndent Examlner Ajay Rajani FCIE Stewardship 1 Lan*'s Passage London EC1Y 8AB Bank•rn Lloyds Bank PO Box 101JO Atxlover BX1 1LT Contents Company Informalion Trustees, Annull Report Indèpendent Examinetrs Rgport Statement of Financial A¢tivltlgS Balanoe Sh¢91 No¢8s to thg Ao¢ounls Dalail8d Statement of Financial Acbvilies with Comparat$ 24 7-11 12 Page 1
BEXLEYHEATH COMMUNITY CHURCH TRUSTEES. ANNUAL REPORT (INCORPORATING DIREcnoRS' REPORTI FOR THE YEAR ENDED 31 JULY 2024 Intsteès. arn tha charilable company directors for th• pu5 of company law. ha plaasurn in subrnrtting their ReportaThJ AccKJunts for tha yoar. Objects ofthe charlty The ¢h8rfty is a ¢harilat4e ¢tsmpany and is govemed by its memorandum and articles of S40n. Tho ¢haritys ncipal obJ8cdvo, a$ $91 out in Ihe govemiThJ document, 1$ to advarKe tho Chr¢tian faith. To thi$ end tho ¢hanty seeks to demonstrate the Christian faith in action by oper8ting a church in th8 88xleyhoath ar•a. Summary of Ihe charlty8 maln a¢tlvllles and 8¢hlov•ments Ths ChUh 1$ not ¥ bUi1j, but a gathering of ordinary peopb of diflerent ages and bathgrounds, whosg li ha een ch8W by Jesus Chtlst. th¥ S¢n of Gc#J. Thg T&stsment rw•al$ Church as a communlty of peok4&, properfy taught and cargd for, by lowng and Jesus Christ, WTe also e¢Jmmiitad to tovè and ¢arg for oach othw and to brinA His love and rn•ssaA8 of salvation to th& arna In whi¢h thaylfvod. Naw Hopè Church Its oporabng name of the legal entbty - Bexleyheath Communty Church), ts trustees, eklerB and members are commltted lo Testament winciplos. Tho Vi$K)n is tr) ¥etr th¢ pecplo ofthe ol 8&Y rne into thvd experignee ofkn¢xing J8SLts as Ihr Lord, Sawour and In"ènd. New Hope Church rLJntinues to ullllstr Lyndhurst Chapel to m9 th& good nev+8 of su$ Chrfst knwn In the lo¢al communrty. Our rèlaliorohip wth Slade Gre8n Christian FellOh•p has developed such that we now consider building there to b6 0 $8Q)rtd Sitè lor the chwch's activits•S. although further work is required tr) mako this an offi¢ial s4tiOn. We continue to seek makg opwrtunities for people to experi¢nce the love of God and respond to the Gtsspel mossago thrwh r regular Sunday meettThJs. a varièty ofmi&waak maeb.ngs and at othar sp8cial 8v&nts (ynisad thrwh the church. Without a dedicabj togm of ¥olunteers from wrthin our curch Community, would not be to mett our obpcbves. so we arg dependent on many of our MberS who givg semessly of their Ilme in wr v¥riws ¥¢bvill¥$ throUghtt tr week. We ntInue to wort( wth small gTOUPS and as far as possible loster deeper o)rnmunity relationships induding Mth the do¢tor'¥ surgery across the road Ml¢omtr into our bulldirrfJ 1ortrainin9 and ¢0mmUn meotlng Our toddler group is v8ry busy and regularfy dose to capa¢ty. The older membgrs of thè community att¥nd our G.O.D. (Gwng Okl Disgracelullyl coffee momin9 %thi¢h conlinu&s lo Ilourish with ngw mgmbors joinlThJ. Sadly to stsffino. the grJp that had started for autTrsbc thldr8n And their fBmili8s h85 had to dose. We conlnuè to opor¥to 8 Friday Club from Slad8 Gr8en Baptist Chapel, attracting a growing number ol M year old$ trom that area. Ovar tha course of tho y•¥r, the relationship has de%loped to the point Ihat Church and Slade Green Christian Fellowship ha cons¥1¥d the ptsssibilty to bocomo one Chuffh on sitss under the n8m¥ 'N9w HoK Church (Bexleyl.. This will be explored fvrther in tho ¢omln9 wr with an Off81 ron8ming and ropoSOn1r of the charft8bb company. Now ChuKh is part of the 'Catstysf family of churches and support th8 Ideals and ministy of Catatyst through attend8nc8 by k8adg18 and other church members at conference5 and other mtings. W? 8180 support thoir work through regular financial giwng to proj8¢t8, boih in the UK and Ih•wider wortd. W¥ arg also artlng to bulld relaltonships through 8fKth8r N9w Frontiers sphere- Regions B•yond. The church conb"nu8S to support Ihg fvnding of a couple frem wthin the Ctyst ¥phor¢ 01 dlwehès who hab mov8d to Gme• tt> ts[k amon9. end seek to plant cknurches In, refiw camps there. In planning th8 8(aMtses th& Twst8es have had regard to tha gUtrthr on publk b8n8fit Issued by the Charity Commi$8ion. StNcture, Governan and Managorn•n¢ ResponsibS1ty for settlng polity and tsr detennining the paramot¢rs 1n ttl¢h the charity should operate and for makiTrJ op9r8b.ng dea$ions rests with the Trust8es rneet regularly to monitor the •a*ie5 of the ¢h8rity. Now TN6tees e recruited aTrJ appointod by thtr $ting TN$tg8s. Page 2
Flnort¢lal rwlow During ygar In¢>)me tJe¢re8sed by £12,448 to £95,109 and oyndituro dècreased by £5,448 to £103.727. As result the deficit for tha year was £8.fj18 {2023'. £1,617) and rt assets decreased by that amount lo £594,065. assets ¢ompris¥d tsngibltt 8$8•ts {prinpalfy proptyl ¢arrylng v¥lug 01 £494,5S1. cash of £102.749 less olher net (xtrrent liaknlities of £3,215. R•8•pms poIIcy Tha TnJsle8s h8¥0 detemined that the charity shoukl aim to hotd tree reserves Idgfin8d 8$ bsinu unreslrithd ¢ashl of no less than £25,000 (which equat8$ lo about 3 usual month's eynditurg18nd no more than £100.OC¢) Iwhth equates to 8ttyJul 12 rnonth's usual expenditure) so that th& charity coukl ntinue to operate should income and I cr expendituro vary adversdy. At the y8ar end, thg cwity held unroslrfctsd $h 01 £101.447 and the tharfty . broadly speaklng, comDthna its Serv8S Dolicv. rJ8k• And vneért#lntlo¥ The Twstees have rev¢ewed the r&ks to V+tA¢h a sm811 charity opernlng lth one ernployee is exposed. AFpropriate pro¢odurg$ are in placo to idèntify, monitor and these risks on a rogular basL8. R•#pon$lbllllleB of Tru8t••8 und•r eompAny l•w The Tru3tees we sPOnsIble for prwring the Tru$$' Annual Rgport #nd Ihg fin8ndal stmgnl$ In atrxIrdanc wlth appllcabk l&v and Unitsd Kingdom Accounting Standards (United lQngdom GerallY Accepted Accountrig Pra¢ts'¢èl. Cornpany law requires the TNsts&s lo popare finan¢i¥l slatements for ea¢h finartcial •r whi¢h give 4 tru& antj tslr vthv of thg ¥tats of the affairs of the charitsb19 Company as at th& balan¢8 $heg1 d8 and ofits IncKJmlng rnsources and applkalon of oUrces, induding incom• and exp8nditure, for the financigl year. In proparing these financial statements, the Trust8es are raquired lo.. 1. s•lèd suitable accounting poliaes and aFply them conslstenlty,. 2. observe th& methods and principkgs in tha Ch8rib"&s SORP.. 3. makè judg¢monts aThJ estimates Ihat arg re¥son8Ole and prud&nt,' 4. state fietherthg applicable accountirrfJ s¢andord$ ha been lo110. sut48Ct to any materi81 departures rfwdoBed and explained in the finaTrraal statements., and 5. prepare the financial ststamgnts on a going concem b8$s unks$ it is ip01¥18 to presume Ih81 th& ¢harity 11 continue in operalon. The Trustses are Spor1bl$ for keety'ng proper a(xountiW focords that disclose wilh r¢asonabk accuracy al any lkn)• thg fin8n¢ial position ol the th8rltsbl& ¢omp8ny and enable Ihgm to ¢nsur• that th$ fin8n¢ial $tstgmgnts compty th the Cornpanles Ac¢ 2006. They are also responsib fc¢ safeguardirg th8 assets of the charitable company and n¢$ ting rgasonable steps for th8 pr•v•ntion •nd dotethon ol fraud and othèr irregularitiès. Apprwl This report, vknich has prap8rgd in (ordan ith th8 prtsmsions of thg Cunpanios Act 2008 rolating to small ¢¢mpan$, 8pprosd by the Trust and $iAn8<1 on Ihetr behalf bv.. Garthwintff lJènY,20250*.51GN G VInr Tw$ts& Dat8: Jan 9, 2025 Page 3
INDEPENDEpif EXAMINER'S REPORT TO THE TRUSTEES OF BEXLEYHeATH COMMUNITY CHURCH Ilhe Compan) I report to ts charity tru8teeB c) my examinabm of a¢¢(wntg of ts Ctyxpany for the yw 8rthd 31 July 2024 on pages 5 to 12 ¥thh ha been on ba818 d the xcounting polic toulonpow7108. RMponslbllltl•8 and bMl of rtyort A6 the Charitys IrLK8tees the Company {and akn direclorn for ts purpo8e8 of company law) are responble for thé préparati of the acc¢xnts in Cden ilh the rewirements of Companies Act 2006 {'Ihe 2CK6 Acfl. HavrNJ satlsfied myJeW that thè accounts Oft Cryny are nr lo b8 audlt•l und8r Part 18 01 the 2006 Act and 8ro olvJib18 for independent examination. I report in respoct of my examlnation of your chority8 accounts a8 carri•d ¢)ut under Sec1K 145 of the Charities Act 2011 Ilhe 2011 Act'l. In carryi out my eXamir)•tn I have folky4¥•d the Dtrethns given by the Chgrlty Commk8wJn under SKII 145{51 Ib) of the 2011 Acl. Ind•p•nd•nt •xarnln•rf• •tAt•mMt I hwe compkted my examlnation. I confimi th•t M mattarn havo (x¥no to my att•ntton wi conn&tKm with ¢x8mlnotk)n gbNing me cau88 to beliov8.' 1. accounting Mcorth r• not kopt In of th• Company a• raqrad by seth 386 of tho 2008 Act., or 2. accounts do acctyd with thos• rt¢ords'. c 3. th& account$ do not compty with the occntiftg rnquIrnts ol leth 396 crf th8 2006 Acl other than ny requlremenl that the o¢¢cwnts give a Irue wvj fa wi vknich IJ rKrt a con$Kler•d a5 part of an independent oxamination.. or 4. the accounts have not been prepwed In Koxdance the mhodJ aThl ol the Statsmenl of Re¢ommonded Practlce for ac¢ounling and rowling by charities applublg to tharIt prepating th•ir accounts In ac¢ordance wilh the Firban¢io1 standard opplt¢oble in tha UK Rapublic of Ir0L4nd {FRS 102). I hav• no ¢on¢oms and have cAme xross r cther matters In ¢onrrttlon *ilh th8 examlnatknn to which attention SlUId be dr•wn in Ihi5 rwt In order to enable a proper understandwig of the account8 to be .3025 IGlAr) Ajay Rajani FCIE Stthvardship 1 Lamb's Pa88age London EC1Y 8A8 Date.. Jan 9, 2025 Page 4
eEXLEYHEATH COMMUNITY CHURCH STATEMENT OF FINANCIAL ACTivmES INCLUDING INCOME AND EXPENDITURE AccouKr FOR THE YEAR ENDED 31 JULY 2024 Tolal Funds 2024 Total Funds 2023 Unrestricied Funds Rastrfcled Funds No¢e INCOME AND ENDOWMENTS FROM: Donations Charftabl& Bank intsrast 85,855 1.790 87,645 6,4S8 1.008 103.012 4.216 329 T¢tsl Income and endowm•nts 93.319 1,790 95,109 107.557 EXPENDITURE ON: CharitalAe actNibes 103.056 103.727 109.175 Total expendliu 103,086 670 103,727 109.175 Net Incomellexpendlluu•l 19.738) 1.120 18.618) 11.617) Trnnslern tWO¢n fund8 12 N•t movThnt In fund$ 19.7381 1,120 18,618} 11.617) R•eon¢lll8don of funds: Total funds brought forward 802,521 182 602.703 804,320 Total funds carrhd f¢nw*rd 12 592.783 1.302 594.085 2,703 The stalemenl of financMI aclfvth•s In¢lLMles 8119alns and losses rec4yJnlsed In the year. All income and e¥pendliure derfve from eIlnub¥ operation$. The statement of financial actwrfres also o)mplies the requirements for an h)comg and •xpendlture account requlred tythè Companies Act 2006. The notss on p8ges 7 to 12 fomi part of these arthunts. Pay5
FOR THE YEAR ENDED 31 WLY 2024
Tol•l
Funds
2024
Tol•l
Fund¥
2023
FuThJ•
Fun
HxeD ASSETS
T¥ngWg a&ts
494.551
494,551
494.$51
494,551
505.830
505.830
Dgblors
Cash al bar •nd in h•nd
16,440
06.961
101,447
102,749
107.341
108,643
103.4CQ
CReDITOR8: *Thounts 14lllng
du• Twlthln on• >
io
19.109)
19.1091
16,$27)
96.873
TOTAL IIEfA88ETS
592,783
FUNO BALINce8
Vnr8slrithd Funds
G•nor$l fvr
Dai&na¢•d fvnd•
12
100.783
492.0ts)
$92,783
100.783
492 000
$92,783
1,302
594.065
98.S21
$04,000
602,521
182
Rtrt•d Fund•
592.783
602.703
Th• ch•rlloty•
BEXLEYTrNTM COMMUNITY CHURCH
NQTESTO The A¢¢OUNTS
FOA THE YEAR ENDED 31 JiLY 2024
1 siaiLbtory Informatt
The is a chathbbccthponylwnite(I by wwr8nlo•¥nO thUnit The c•nPS numt¢r
regtsiw8dofflc4 8th888tan b8 ftythd on thè Campsny Infom)8ttcffj p¥9.
2 A¢unn9 Pollcl88
The88 finar1 8tsment8are pryredon a going concern ba%s. und¥the hi%tortcJ $t(Venon.
Repong by Chariiies prepartNJ theirary>wnt5 in 8c
MOTES YOTrE ACCOUNTS FOR THE YEAR ENDED 31 lLy 2024 Accounong Pollclos c•nltnwd 73.175 14.470 87.645 83.877 19.135 103.012 Grft¥vJ 24 2023 316 4.218 Ch•rii•bb ¢XpoN1 2023 51.059 51.339 Yth 4TrJ Y7 252 6,679 1.485 fysnt¥ p8y8t48 lTrJt8 69.9T2 77.049 Co&ts incuffèd on PPS 1.$70 14.556 13.490 12.925 13.054 1.745 2,363 In¥vn 33.754 Totsl•wdltrJre
FOR THE YEAREtr 31 JULY 2024 2024 2023
)24 2023 crtt• 600 of•t•ff ¢Mtol Ind tru•t•• rtyhuw*Uo uNt••11. 7 T•ryN• Ilx•d 4M•I• T•¢•1 2024 •qn A¢ 1 AuJwt2023 21.610 821.618 AI 31 2024 11 2023 Char90 At 31 2024 19,708 115.788 131 2024 At 31 2023 8 O•tsto 1.412 11760 44
BEXLEYHEITH CCNMMUNITY CHURCH NOTESTO THEA¢COUNTS FOR THE YEAR ENDED 31 JULY 2024 C••h •t B#hk•nd lth Hthd 2024 2023 Bank cJJrNii8cuyJnt Bank depftSC£Qunls 19.9e6 10.205 76.755 10 Crndltorn.. 11011• lalllhy one year 2023 1.519 500 1,220 T&¥atioft 8NI swity 1.578 08ferr•J Incum ffjpre&enb intort fry a thd not IAk• unth just 8ftw tha r end when th8 w8ro r•)Jgn18ed 88 hc£ffi8. 11 nsIOn commlbnents During year emFlwls porth ¢xfib1butknns bJtsL¥w É1.28912021. £1.289lwere pgy8t& to deknd per>>)l pÈn Atth¢ b•lwK¢ sheetdBle pen5kJnu)ntriyJkns toLlNd £251 (2023.. Q511 WO4X¢d. 12 Fun tnO tr¢ M0mts In Ihe funds Opening Inc4)mtrKJ Transfw8 the year rjosing 2024 2024 Degte3 capltal Imd Unr•ththd gOnw 504.fmjo 96,521 112.LlYJI 191.0561 93,319 1Cp),783 e02.521 93,319 1103,0561 592.783 Ukr8N trjnd R8UrJng Rep8ir fvjnd 182 182 670 16701 162 1.302 4yreWeotfund5 802.703 9S.109 1103,72n $94.OB5 Ahatyslsofngt ZSTgts The8s%t5 and F0bffii*8oftho ¥8rfeAtsfiJrthwere 88 fdknw8.' nds bJnd8 2024 Tangib a88ets 2.551 5.894 101.447 19.1091 492,000 494.561 Co¢t)k •nd inh•nd Cr8ditor8lalUr4 One 102,749 19.1091 1Crf).783 492,000 5Y.085 Page 10
BEXLEYtrEATH COMMUNITY CHIMICH NOTESTO YHeA¢couiirs FOR YEAR ENDEO 31 JULY2024 12 FuThl• ntInU•¢ Opaning Inwmkng Quwng Tr•nsfern 2023 2023 2023 2023 2023 D•wnal8dc4pnal fvnd LtnrnBtrira8d gonergl bjnd 518,0fr) 88,138 112,OCp)I 183.1491 504,0 98.521 96.631 601.138 95.631 197.1491 602,$21 R••lrt¢iod Fyndi Ukr•lne nd Youih PhI frjnd Sparfl In the Park 182 1,926 10100 12,020 11,9281 182 112,0281 182 004,320 107,J57 1109,1751 602,703 An•ly•l• by lund Irb1h•pthcYfj•r, h•••f•i••nd Il•bl•101th¥ fvAd•w•r• •• bIhY.. Gèn8ftl DenAt•J bJnd• 2023 Tqnglbl• flx•d •BMt• D•t4or• CAsh •tb•nk and hartd CrrAlorn lolllw due y••r 1.830 16,440 88.779 18.5271 6Ql,000 505,830 16.440 Bfj.961 16,52n 182 98,521 JQ4,000 182 602,703 Th• 11 fvnd l• * Igntsd and rweaents bjnth d0 ty th• bWith•• for hw•Mni In prwrty., th• rrrhd fward an(• on fvnd18 rwB8nt8d by Ihe nèi b¢)J vabè ofth• thirity'¥ prw•ty. TM Ukrnln•fvnd 41 • r•ththd fvnd cMwt8d frorn doMUon• r•¢4v•d 10 hP •ffeci¢d tyy th•w¥ln Ukralrn. Tts Youth Alph• fvrd a r•Btrkted crothd Irorn Incorn• rqcW to hdp m•rftho C014 YrAJlh AphA w••kwd •t •n OthdoDrc•nty•. 8park In Tho Part bjnd li a r•JMo•d nd r4Mtad Imm donq&JnBrecth•d toh•lp th•gxl of• e4mmunty •vwtQrowO wiul other knc41 curckne Mb••loh Support lund IBa fvrxl cr8al8d don•ibn• r•¢•W fty• mlrfng m[ntsrat Another lo1 rhut, Rgp•lrfv¥)d l• a r•thd•J frJndi¥eat•J frcth r•¢d%d to m•otth• olchurch re1. 13 TrnMaeUon• wlth r•laW p•rtl•• ftng th? y¢•rth thliity •} r•c¢iv•d don•uoni towiino t14.911 120fJ.. É9.7501 reW Iwhlch hdud88 tnJ8teo& koy rnwnot anyo conn8Cted ¢0 th&ml. bl pur¢hal PA equipmem ror £1.20012023.. £nill from a pernon who h rJoW r•w to Jonn mttder. ¥¥1+ 8orw88 8 Ir d8r and li thoreforecoMidred tobB • merrthrol hyMRnag8ffle. EkYApi MO1K40 in not• 6 ct4ts'. th•r• h•¥• been noolher tMreiwIkn robtodpath th•yw. 14 Mefflbern Each m9111 c4rro•ny Wth¢th0rfty18Und up*n amunl of£l0.