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2023-12-31-accounts

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

Charity Registration No. 1148672

CHRIST CHURCH, CREEKMOOR

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees J E Audibert
J R Audibert
D Washbrook
E Chipchase
J King
S Williams
M Bossom
N Pouton
J Barras
S Barrett
J Blake
P Blake
S Keen
K Shelton
L Stuart
H Tucker
S Vaughan
M Bird
S Pouton
A Warr
B Wood
Charity number 1148672
Independent examiner Hill Osborne
Tower House
Parkstone Road
Poole
Dorset
BH15 2JH

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

Draft Financial Statements CHRIST CHURCH, CREEKMOOR

CONTENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

Page
Trustees' report 1 - 7
Independent examiner's report 8
Statement of financial activities 9 - 10
Balance sheet 11
Notes to the financial statements 12 - 26

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

TRUSTEES REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Trustees’ Annual Report for the period

FOR THE YEAR ENDED 31 DECEMBER 2023

Charity name: CHRIST CHURCH, CREEKMOOR

Charity registration number: 1148672

Objectives and Activities

SORP
reference
Summary of the
purposes of the
charity as set out in its
governing document		 Para
1.17		 Christ Church Creekmoor is the Church at the heart of Creekmoor aiming to
love God through Christian worship, raising up disciples of all ages to love &
to serve. We aim to love our neighbours by serving our community
unconditionally, providing activities and facilities, accessible & available to all,
supporting children, families, young people, older people & vulnerable adults
through the Church Community Hub.
Summary of the main
activities in relation to
those purposes for the
public benefit, in
particular, the
activities, projects or
services identified in
the accounts.		 Para
1.17 and
1.19		 We provide a Community Hub for the local area as well as providing pastoral
care and the usual functions associated with a Church.
The Community Hub hosts activities run in partnership with Community
agencies and GPs including a daily Community Café – ‘The Hub Café’ (with
volunteering opportunities); Children, family, and youth groups; dementia-
friendly groups (with volunteering opportunities) to bring together those who
feel lonely and isolated and to support those who care for others; room hire
for the Community and local businesses.
Statement confirming
whether the trustees
have had regard to the
guidance issued by the
Charity Commission on
public benefit		 Para
1.18		 When planning our activities for the year, the incumbent and the PCC have
considered the Commission’s guidance on public benefit and, in particular,
the specific guidance on charities for the advancement of religion. In
particular, we try to enable everyone to live out their faith as part of our parish
community.
SORP ref
Policy on grant
making		 Para 1.38 Not applicable
Policy on social
investment including
program related
investment		 Para 1.38 Not applicable
Contribution made by
volunteers		 Para 1.38 At Christ Church we believe in every member ministry therefore as many
people as possible are encouraged to support the ministry of the church in a
voluntary capacity.
We have 44 volunteers from an Electoral Roll of 126 plus 11 members from
the Community volunteering at‘The Hub Café’.

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Draft Financial Statements

CHRIST CHURCH, CREEKMOOR

TRUSTEES REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Achievements and Performance

SORP
ref
Summary of
the main
achievemen
ts of the
charity,
identifying
the
difference
the charity’s
work has
made to the
circumstanc
es of its
beneficiarie
s and any
wider
benefits to
society as a
whole.		 Para
1.20		 Christ Church is an Anglican church with an ecumenical welcome where everyone is
welcome regardless of their beliefs. Please refer to our social media link at
https://linktr.ee/cccreekmooror to
www.christchurchcreekmoor.orgfor details of our current services and activities.
We are very grateful to the external funders who have financially supported Christ Church
Creekmoor and the Community Hub for Creekmoor in 2023 including the McCarthy Stone
Foundation
Worship and prayer
We are keen to offer a range of services on Sunday and during the week and over the course
of the year that our church family and community find both beneficial and spiritually fulfilling.
Sunday Worship pattern
•
9am Breakfast Church suitable for busy families
•
10.30am service suitable for all and live streamed
At the Annual Parochial Church Meeting (APCM) in April 2023 there were 126 parishioners
on the Electoral Roll (age 16 and over), 37 of whom are not resident within the parish.
The average weekly attendance of different individuals on a Sunday, counted in October
2023 was 76 adults (16 years and older) plus 11 young people. In addition we had an
average of 6 people engaging via our online platforms each week.
Our Christmas services/activities in 2023 consisted of: -
•
Christmas Café with 200 visitors
•
Carols at Christmas lunch and Prama Memory Lane group
•
Carol service
•
Christmas Assembly at Hillbourne School
•
Christmas Eve Family service
•
Midnight Communion
•
Christmas Day Holy Communion
As well as our regular services, we enable our community to celebrate and thank God at the
milestones of the journey through life. Through baptism we thank God for the gift of life, in
marriage public vows are exchanged with God’s blessing and through funeral services
friends and family express their grief and give thanks for the life which is now complete in
this world and to commend the person into God's keeping. During 2023 we celebrated 7
baptisms, one service of thanksgiving for the birth of a child, 5 Confirmations and no
weddings. Three funerals were held, one funeral in church and 2 at the Crematorium 2023.
Midweek Worship and Prayer
We recognise the importance of people coming together to pray throughout the week as
well as a Sunday, gathering for Holy Communion on Tuesdays and Prayer on Thursdays.
As families and young people often have other claims on their time on a Sunday, we provide
additional weekday ‘Fresh Expressions’ for their worship. Christ Church provides 5 ‘Fresh
Expressions’ groups for Families with babies and toddlers, for children and young people of
all ages and for older and vulnerable adults.
When the weekday Fresh Expressions are included, the weekly average attendance
increased in October 2023 to an average of 85 adults (16 years and older) plus 24 young
people.

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DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

TRUSTEES REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Over half of the Church Membership is part of weekly hub groups which enable the spiritual growth of the members equipping them to reach out to the people they meet in their daily lives.

The total number of people of all ages with which Christ Church had regular contact as part of its ministry in 2023 was 1351 including 703 children and young people. This number is significantly higher than the previous year due to the increased demand for support for Children and families.

A high number of families and young children are supported by our Children, family and youth team. Deanery Synod

Three members of the PCC sit on the Deanery Synod. This provides the PCC with an important link between the parish and the wider structures of the church. Pastoral Care

We have a team of 16 Lay Pastoral Assistants who are available to give pastoral support to We have a team of 16 Lay Pastoral Assistants who are available to give pastoral support to
those in the Church family and community. The Minister or Associate Minister takes Home
Communion to any who request it.
Mission, outreach and community support.
We serve our community unconditionally with the following activities run from the Community
Hub: -
• ‘The Hub Café’ daily Community Café
• 2gether Table – a cosy space in the café for friendly chat
• TK Club after Schools club (Fresh Expressions)
• Ignite Youth group (Fresh Expressions)
• Childminders drop in session
• PlayZone parent/carer and toddler group with Christian input (Fresh Expressions)
• Chatterbox parent/carer and toddler group
• Two Under Ones groups for vulnerable Mums
• Creative Expressions Craft group with ‘Thought for the week’ (Fresh Expressions)
• Book Group
• Community Room Hire providing additional activities including Pilates, children’s
dance, Slimming World
• Prama Memory Lane group run in partnership with the Church

The Church website www.christchurchcreekmoor.org, Instagram and Facebook page are key methods of communication to the Church family and community alike. A weekly newsletter is also emailed out with paper copies available on Sunday.

We are looking forward to offering further Community support as vision and resources permit.

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DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

TRUSTEES REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Financial Review

Review of the
charity’s financial
position at the
end of the period		 Para
1.21		 £94,901 was spent to provide for the Christian Ministry to the parish including a total
of £43,324 for the parish share paid to the Diocese.This provides for the stipends,
housing, and pensions of the clergy.Income exceeded Expenditure in our
Unrestricted Account (General Funds) by £6,209 leaving a surplus of £13,350 in
Unrestricted fund for the year. These funds are ‘ear marked’ to pay an outstanding
bill.
At the suggestion of Archdeacon Antony MacRow-Wood, part of the funding used for
the recent building extension was a £300,000 unsecured loan, repayable over 20
years from the Methodist Chapel Aid (MCA). As at 31/12/23 this has £232,000
capital to be repaid. This loan was approved at the Parochial Church Council (PCC)
meetings of 10/01/2019 and 10/10/2019 and supported by the Salisbury Diocese
Board of Finance.
The PCC is updated at each meeting re the overall building funding situation
including the loan. Repayments for the loan are forecast to come from regular giving
specifically for the loan by Church members, fundraising events and income from
hiring out the additional church spaces.
Archdeacon Antony MacRow-Wood confirms that our priority is to repay the loan, if
necessary to the detriment of our monthly contribution to the Salisbury Diocese for
the cost of Mission and Ministry in Creekmoor, ensuring that the loan repayments
can continue.
Statement
explaining the
policy for holding
reserves stating
why they are
held		 Para
1.22		 As at the end of 2023 it was PCC policy to maintain £14,000 reserves reflecting one
month’s general running costs plus one month of our contribution to the Salisbury
Diocese for the cost of Mission and Ministry in Creekmoor.
Amount of
reserves held		 Para
1.22		 £14,000
Reasons for
holding zero
reserves		 Para
1.22		 N/A
Details of fund
materially in
deficit		 Para
1.24
Explanation of
any uncertainties
about the charity
continuing as a
going concern		 Para
1.23		 Not applicable

Structure, Governance and Management

Description of charity’s trusts: Description of charity’s trusts: Description of charity’s trusts:
Type of
governing
document
(trust deed, royal
charter)		 Para
1.25		 As per Church of England website:
‘Whilst Parochial Church Councils (PCCs) are charities, they are governed by two
pieces of Church of England legislation, called Measures. The Parochial Church
Councils (Powers) Measure 1956 as amended.
TheChurch Representation Rules(contained in Schedule 3 to the Synodical
Government Measure 1969 as amended).‘
How is the
charity
constituted?		 Para
1.25		 Parochial Church Council

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CHRIST CHURCH, CREEKMOOR

TRUSTEES REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Trustee
selection
methods
including details
of any
constitutional
provisions e.g.
election to post
or name of any
person or body
entitled to
appoint one or
more trustees		 Para
1.25		 The method of appointment of PCC members is set out in the Church Representation
Rules. At Christ Church the membership of the PCC consists of the incumbent, an
Associate Minister, Curate, 2 Churchwardens, the Licenced Lay Minister and 9
members elected at the Annual Parochial Church Meeting. All who consider Christ
Church to be their church and attend services are encouraged to register on the
Electoral Roll and stand for election to the PCC. The PCC members are responsible for
making decisions on all matters of general concern and importance to the parish
including deciding on how the funds of the PCC are to be spent.
The full PCC met 6 times during 2023.
Standing Committee
Required by law, this committee has the power to transact the business of the PCC
between its meetings, subject to any directions given by the Council.
Finance Team
Meets 6 times per year to monitor and review our finances and plan for the future.
Administrative information
Christ Church, Creekmoor is situated on Northmead Drive, Poole. It is part of the
Diocese of Salisbury within the Church of England. The correspondence address is
Christ Church, Northmead Drive, Creekmoor, Poole, BH17 7XZ
The PCC is a body corporate (PCC Powers Measure 1956, Church Representation
Rules 2006) and is charity registered with the Charity Commission.
The PCC members who served during the year from the APCM on 23 April 2023 are
listed below.
Ministers
The Revd Janice Audibert
The Revd Jean Audibert (Associate Minister)
The Revd Wendy Poole (retired Permission To Officiate)
The Revd Daniel Washbrook
Licensed Lay Minister- Shirley Williams (PtO)
Churchwardens until 2023 APCM Churchwardens after 2023 APCM
Jackie Barras Margaret Bossom
Nigel Pouton Nigel Pouton
Anglican Deanery Synod RepsEdward Chipchase Shirley Williams Jane King

Reference and Administrative details

Charity name Christ Church Creekmoor
Other name the charity uses
Registered charity number 1148672
Charity’s principal address Christ Church, Northmead Drive, Creekmoor, Poole, BH17 7XZ

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CHRIST CHURCH, CREEKMOOR

TRUSTEES REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Names of the charity trustees who manage the charity January – December 2023

Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Janice Audibert Vicar Parochial Church Council
Jean Audibert Associate Vicar
Daniel Washbrook Curate
Edward Chipchase Deanery Synod From 23/04/2023
Jane King Deanery Synod
Shirley Williams Deanery Synod
Margaret Bossom Churchwarden
Nigel Pouton Churchwarden
Jackie Barras Councillor
Simon Barrett Councillor
Thomas Barrett Councillor Resigned 31/08/2023
Jane Blake Councillor From 21/09/2023
Phil Blake Councillor
Sharon Keen Councillor
Neil Patterson Councillor Resigned 23/04/2023
Keith Shelton Councillor From 23/04/2023
Lisa Stuart Councillor From 23/04/2023
Helen Tucker Councillor
Shelma Vaughn Councillor From 23/04/2023
Sue Pouton Ex-Officio Treasurer
Beverley Wood Ex-Officio
PCC Secretary
Michelle Bird LeadershipCo-opted
AnthonyBossom LeadershipCo-opted
Anne-Marie
Newman		 Leadership Co-opted From 16/11/2023
Annette Warr Leadership Co-opted

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DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

TRUSTEES REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Keith Shelton Position (eg Secretary, Chair, Lay Chair etc) Date 17/4/2024

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DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHRIST CHURCH, CREEKMOOR

I report to the trustees on my examination of the financial statements of Christ Church, Creekmoor (the charity) for the year ended 31 December 2023.

Responsibilities and basis of report

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

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

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 that in any material respect:

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 financial statements to be reached.

L. Ball FCA Hill Osborne Chartered Accountants

Tower House Parkstone Road Poole BH15 2JH

18/4/2024

Dated: .........................

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2023

Unrestricted Unrestricted Unrestricted Unrestricted Restricted Total Unrestricted Unrestricted Unrestricted Unrestricted Restricted Total
funds funds funds funds funds funds
**general ** designated **general ** designated
2023 2023 2023 2023 2022 2022 2022 2022
Notes £ £ £ £ £ £ £ £
Income from:
Donations and legacies 3 95,807 2,349 106,484 204,640 83,905 3,804 117,356 205,065
Other trading activities 4 10,751 59,632 5,902 76,285 9,207 41,997 54,101 105,305
Investments 5 839 - 1,238 2,077 958 192 5 1,155
Total income 107,397 61,981 113,624 283,002 94,070 45,993 171,462 311,525
Expenditure on:
Raising funds 6 49,038 71,082 30,203 150,323 48,953 55,028 89,534 193,515
Charitable activities 7 43,566 1,875 54,960 100,401 35,039 802 68,469 104,310
Other expenditure 10 2,297 2 14 2,313 2,403 6,903 8,915 18,221
Total expenditure 94,901 72,959 85,177 253,037 86,395 62,733 166,918 316,046
Net gains/(losses) on investments 11 - - 26 26 - - (84) (84)
Net income/(expenditure) 12,496 (10,978) 28,473 29,991 7,675 (16,740) 4,544 (4,605)
Transfers between funds (6,287) 5,869 418 - (4,947) 3,941 1,006 -
Net movement in funds 6,209 (5,109) 28,891 29,991 2,728 (12,799) 5,466 (4,605)
Reconciliation of funds:
Fund balances at 1 January 2023 7,321 36,867 (200,806) (156,618) 4,593 49,666 (206,272) (152,013)

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2023

Unrestricted Unrestricted Restricted Total Unrestricted Unrestricted Restricted Total
funds funds funds funds funds funds
**general ** designated **general ** designated
2023 2023 2023 2023 2022 2022 2022 2022
Notes £ £ £ £ £ £ £ £
Fund balances at 31 December 2023 13,530 31,758 (171,915) (126,627) 7,321 36,867 (200,806) (156,618)

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

BALANCE SHEET

AS AT 31 DECEMBER 2023

Notes
Current assets
Debtors
13
Investments
14
Cash at bank and in hand
Creditors: amounts falling due within
one year
16
Net current assets
Creditors: amounts falling due after
more than one year
17
Net liabilities
The funds of the charity
Restricted income funds
19
Unrestricted funds - general
Unrestricted funds - designated
20		 2023
£
£
3,002
-
105,297
108,299
17,926
90,373
(217,000)
(126,627)
(171,915)
13,530
31,758
(126,627)		 2022
£
£
3,002
632
88,472
92,106
17,724
74,382
(231,000)
(156,618)
(200,806)
7,321
36,867
(156,618)

17/4/2024 The financial statements were approved by the trustees on .........................

.............................. K Shelton Trustee

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1 Accounting policies

Charity information

Christ Church, Creekmoor is a registered charity which operates under the Parochial Church Council Powers Measure.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Donations receivable for the general purposes of the charity are credited to unrestricted funds. Donations for purposes restricted by the wishes of the donor are taken to Restricted funds.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Funds from activities are accounted for in the period the funds were receivable. The majority of the funds are derived from funds raising activities and hire of the church premises and halls.

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

1 Accounting policies

(Continued)

1.5 Expenditure

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

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Expenditure is accounted for on an accruals basis.

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

1 Accounting policies

(Continued)

1.8 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9 Fixed assets

Consecrated land and buildings: Moveable church furnishings

Consecrated and beneficed property is excluded form the accounts by section 10 of the Charities Act 2011.

No value is placed on moveable church furnishings held by the Churchwardens on special trust for the P.C.C. and which require a faculty for disposal since the P.C.C. considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and moveable church furnishings, whether maintenance or improvement, is written off as expenditure in the Statement of Financial Activities and separately disclosed.

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 where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

3 Income from donations and legacies

Unrestricted Unrestricted
Restricted
funds
funds
funds
general designated
2023
2023
2023
£
£
£
Donations and gifts
95,807
2,349
106,484
Donations and gifts
Gift Aid donations
53,592
-
21,370
Tax recovered
16,867
10
8,761
Non Gift Aid donations
17,933
1,293
12,493
From Congregation
3,891
46
-
Gift day
1,564
-
62
Gift Aid donations - envelopes
1,960
-
70
Grants
-
1,000
49,419
Gifts and donations to loan payment
-
-
14,309
95,807
2,349
106,484		 Total
Unrestricted Unrestricted
Restricted
funds
funds
funds
general designated
2023
2022
2022
2022
£
£
£
£
204,640
83,905
3,804
117,356
74,962
44,473
240
9,450
25,638
13,402
-
4,548
31,719
16,848
991
1,500
3,937
3,092
49
-
1,626
3,795
-
341
2,030
2,295
-
-
50,419
-
2,524
68,440
14,309
-
-
33,077
204,640
83,905
3,804
117,356		 Total
2022
£
205,065
54,163
17,950
19,339
3,141
4,136
2,295
70,964
33,077
205,065

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

4 Income from other trading activities

Unrestricted Unrestricted
Restricted
funds
funds
funds
general designated
2023
2023
2023
£
£
£
Little Oaks pre school
-
-
-
Hall income
10,150
-
-
Fundraising
601
-
5,902
Cafe sales
-
58,919
-
Fees
-
713
-
Other
-
-
-
Charitable activities
10,751
59,632
5,902		 Total
Unrestricted Unrestricted
Restricted
funds
funds
funds
general designated
2023
2022
2022
2022
£
£
£
£
-
-
-
47,641
10,150
8,259
-
-
6,503
749
-
4,628
58,919
164
40,254
-
713
-
472
-
-
35
1,271
1,832
76,285
9,207
41,997
54,101		 Total
2022
£
47,641
8,259
5,377
40,418
472
3,138
105,305

5 Income from investments

Unrestricted Unrestricted
Restricted
funds
funds
funds
general designated
2023
2023
2023
£
£
£
CBF Deposit Interest
-
-
1,238
Bank interest
839
-
-
839
-
1,238		 Total
Unrestricted Unrestricted
Restricted
funds
funds
funds
general designated
2023
2022
2022
2022
£
£
£
£
1,238
-
192
5
839
958
-
-
2,077
958
192
5		 Total
2022
£
197
958
1,155

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

6 Raising funds

Unrestricted Unrestricted
Restricted
funds
funds
funds
general
designated
2023
2023
2023
£
£
£
Expenditure on raising funds
Charitable Giving - Mission Giving
-
4,100
436
Ministry - Salisbury Diocese
43,324
-
-
Ministry - Church of England fees
-
550
-
Ministry - Others
1,096
-
-
Little Oaks - Salaries
-
-
-
Little Oaks - Running costs
-
-
-
Grants payable
63
760
-
Discipleship
1,719
24
1,211
Children and Youth
754
-
23,929
Evangelism and Outreach
1,043
65,499
4,661
Fellowship
1,039
149
(34)
49,038
71,082
30,203
For the year ended 31 December 2022
48,953
55,028
89,534		 Total
2023
£
4,536
43,324
550
1,096
-
-
823
2,954
24,683
71,203
1,154
150,323		 Total
2022
£
12,650
44,715
189
613
37,224
18,620
772
2,802
21,758
52,354
1,818
193,515
193,515

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

7 Charitable activities

Unrestricted Unrestricted

Fabric Repairs & renewals
Fabric - Room to grow
Heat, Light and services
Insurance
General repairs and renewals
Worship
Admin Salaries
Office and computer
Loan interest payable
For the year ended 31 December 2022
Unrestricted funds - general
Unrestricted funds - designated
Restricted funds		 funds
funds
Restricted
general designated
funds
2023
2023
2023
£
£
£
8,153
1,655
1,497
-
-
-
12,141
-
12,250
2,055
-
-
3,184
220
-
1,572
-
185
9,627
-
26,244
6,834
-
3,221
-
-
11,563
43,566
1,875
54,960
35,039
802
68,469
104,310		 Total
2023
£
11,305
-
24,391
2,055
3,404
1,757
35,871
10,055
11,563
100,401		 Total
2022
£
9,650
32,657
2,727
1,933
3,637
1,645
34,051
9,542
8,468
104,310
35,039
802
68,469
104,310

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

8 Trustees

Four of the trustees were paid salaries totalling £72,395 (2022: £26,343) during the year. The remuneration was not in connection with their role as a trustee.

The employers social security costs in respect of salaries paid to trustees totalled £4,969 (2022: £1,184).

The charity made £1,154 (2022: £306) of contributions to the pension plan on behalf of the trustees.

Expenses paid to Trustees in the year totalled £2,330. These expenses were in respect of 6 Trustees and consisted of travel expenses (£396), phone expenses (£959), conference expenses (£150), hospitality (£600) and supervision (£225).

9 Employees

The average monthly number of employees during the year was:

Christ Church - 8 (2022: 7) Little Oaks pre school - 0 (2022: 5)

Employment costs
Wages and salaries
Other pension costs		 2023
£
105,349
1,404
106,753		 2022
£
70,252
1,022
71,274

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

10 Other expenditure

Unrestricted Unrestricted
Restricted
funds
funds
funds
general designated
2023
2023
2023
£
£
£
Independent Examination
1,746
-
-
Professional and other
551
2
14
2,297
2
14		 Total
Unrestricted Unrestricted
Restricted
funds
funds
funds
general designated
2023
2022
2022
2022
£
£
£
£
1,746
1,680
-
-
567
723
6,903
8,915
2,313
2,403
6,903
8,915		 Total
2022
£
1,680
16,541
18,221

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

11 Net gains/(losses) on investments

Restricted Restricted
funds funds
2023 2022
£ £
Revaluation of investments - (84)
Gain/(loss) on sale of investments 26 -
26 (84)

12 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

13 Debtors
2023 2022
Amounts falling due within one year: £ £
Other debtors 3,002 3,002
14 Current asset investments
2023 2022
£ £
Unlisted investments - 632
15 Loans and overdrafts
2023 2022
£ £
Bank loans 232,000 246,000
Payable within one year 15,000 15,000
Payable after one year 217,000 231,000
Amounts included above which fall due after five years:
Payable by instalments (176,000) (191,000)

The bank loan is repayable over a 20 year term by 6-monthly instalments. The interest rate on the loan as at 31 December 2023 is 5.65%.

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

16
Creditors: amounts falling due within one year
Notes
Bank loans
15
Other taxation and social security
Accruals and deferred income
17
Creditors: amounts falling due after more than one year
Notes
Bank loans
15		 2023
£
15,000
1,180
1,746
17,926
2023
£
217,000		 2022
£
15,000
1,044
1,680
17,724
2022
£
231,000

18 Retirement benefit schemes

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

19 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 January Incoming Resources Transfers Gains and At 31
2023 resources expended losses December
2023
£ £ £ £ £ £
ADMIN -
Minister Asst.
Salary &
Expenses 1,347 - (1,711) 900 - 536
CHIWRK -
Childrens
worker salary 1,069 2,000 (4,661) 3,900 - 2,308
CHYTHPA -
Childrens/Touth
pastoral assist. 6,180 33,200 (25,991) - - 13,389
DIS -
Discretionary 208 775 (84) 163 - 1,062
LORES - Little
Oaks reserves 4,792 - - - - 4,792
OVERSEAS -
Overseas
missions 2,270 2,650 (2,121) - - 2,799
OWS -
Outreach
worker salaries 49 70 - - - 119
RESERVES -
Original building
fund/CC rese (245,669) - - 13,433 - (232,236)
SPECIAL -
Fund for special
purposes 20,325 44,607 (18,918) (22,302) - 23,712
Unrealised
gains / (losses)
movement 279 - - - 26 305
OPSMGR -
Operations
Manager 6,996 5,000 (20,186) 17,100 - 8,910
BUILDING -
Building loan
repayment 1,348 25,322 (11,505) (12,776) - 2,389
(200,806) 113,624 (85,177) 418 26 (171,915)

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

19 Restricted funds (Continued)
Previous year: At 1 January Incoming Resources Transfers Gains and At 31
2022 resources expended losses December
2022
£ £ £ £ £ £
ADMIN -
Minister Asst.
Salary &
Expenses 1,015 140 (1,647) 1,839 - 1,347
CHIWRK -
Childrens
worker salary 493 1,050 (4,526) 4,052 - 1,069
CHYTHPA -
Childrens/Touth
pastoral assist. 22,760 6,050 (22,630) - - 6,180
DIS -
Discretionary 421 - (213) - - 208
LORES - Little
Oaks reserves 5,000 1,892 (6,892) - - -
OVERSEAS -
Overseas
missions 6,084 2,709 (6,523) - - 2,270
OWS -
Outreach
worker salaries 21 75 (47) - - 49
RESERVES -
Original building
fund/CC rese (277,541) 34,205 (37,333) 35,000 - (245,669)
SPECIAL -
Fund for special
purposes 8,993 20,188 (2,965) (5,891) - 20,325
Little Oaks
reserves 13,082 47,640 (55,846) - (84) 4,792
Unrealised
gains / (losses)
movement 279 - - - - 279
OPSMGR -
Operations
Manager 8,905 17,900 (19,809) - - 6,996
BUILDING -
Building loan
repayment 4,216 39,613 (8,487) (33,994) - 1,348
(206,272) 171,462 (166,918) 1,006 (84) (200,806)

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

20 Unrestricted funds - designated

These are unrestricted funds which are material to the charity's activities.

At 1 January Incoming Resources Transfers At 31
2023 resources expended December
2023
£ £ £ £ £
ALPHA - Alpha courses 162 - (162) - -
CC - Cafe connect 17,874 60,068 (67,925) 512 10,529
DCIPLE - Dciple Men's Group 92 121 (94) - 119
FEES - Occasional fees 128 713 (550) (291) -
FLOURISH - Womens ministry 8 142 (22) - 128
LPA - Deanery LPA 439 155 (59) (60) 475
OPENDOOR - Open door
group 3,480 85 (4,100) 5,708 5,173
PARGIV - Mission giving CCC
cont. 1 - (1) - -
PZ - Play zone 383 697 (46) - 1,034
RESGEN - General reserves 14,300 - - - 14,300
36,867 61,981 (72,959) 5,869 31,758
Previous year: At 1 January Incoming Resources Transfers At 31
2022 resources expended December
2022
£ £ £ £ £
ALPHA - Alpha courses 162 - - - 162
CC - Cafe connect 23,595 43,198 (49,049) 130 17,874
DCIPLE - Dciple Men's Group 157 90 (155) - 92
FEES - Occasional fees - 317 (189) - 128
FLOURISH - Womens ministry 8 - - - 8
LPA - Deanery LPA 467 - (28) - 439
OPENDOOR - Open door
group 53 - - (53) -
PARGIV - Mission giving CCC
cont. 4,615 150 (6,149) 4,864 3,480
PZ - Playzone 1 - - - 1
OUTREACH - Outreach 608 775 - (1,000) 383
RESGEN - General reserves 20,000 1,463 (7,163) 14,300
49,666 45,993 (62,733) 3,941 36,867

DocuSign Envelope ID: 270B99D6-221F-4FE6-9652-B7975B08F0B8

CHRIST CHURCH, CREEKMOOR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

21 Analysis of net assets between funds

Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
2023 2023 2023 2023
£ £ £ £
Fund balances at 31 December 2023 are represented by:
Current assets/(liabilities) 13,530 31,758 45,085 90,373
Long term liabilities - - (217,000) (217,000)
13,530 31,758 (171,915) (126,627)
Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
2022 2022 2022 2022
£ £ £ £
Fund balances at 31 December 2022 are represented by:
Current assets/(liabilities) 7,321 36,867 30,194 74,382
Long term liabilities - - (231,000) (231,000)
7,321 36,867 (200,806) (156,618)

22 Related party transactions

Transactions with related parties

The details of related party transactions that have taken place during the year are set out in note 8 and note 9.