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← Real Life Church, Sutton Coldfield

2024-12-31-accounts

Real Life Church, Sutton Coldfield

Company No. 8182165 Charity No. 1149821

Report and Accounts Year ended 31 December 2024

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

REAL LIFE CHURCH, SUTTON COLDFIELD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

Trustees

Charlotte Senior Andrew Pinder Stuart Crane Aaron Abraham

Key Staff

Stuart Crane (church leader) Melanie Crane (children and youth leader)

Governing Document

Memorandum and Articles of Association dated 15 August 2012

Company Registration Number 8182165 Charity Registration Number 1149821

Registered Office

3 Aragon Drive Sutton Coldfield West Midlands B73 6BQ

Independent Examiner

Bankers

Nick Spear ACCA Stewardship 1 Lamb's Passage London EC1Y 8AB CAF Bank Shawbrook Bank

Contents Page
Company Information 1
Trustees' Annual Report 2-5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9-16
Detailed Statement of Financial Activities with Comparatives 17

Page 1

REAL LIFE CHURCH, SUTTON COLDFIELD

TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees, who are the charity's directors for the purposes of company law, have pleasure in submitting the Report and Accounts for the year.

Objects of the charity

The charity is a charitable company and is governed by its memorandum and articles of association. The Trust seeks to demonstrate the Christian faith in action by the advancement of the Christian Religion in the United Kingdom and overseas, and through the relief of the aged, poor, sick and disabled.

Summary of the charity's main activities and achievements

To further the above objects and vision, the charity's main activities and achievements were as follows:

Build and strengthen the church

Meetings were held on Sundays in Sutton Coldfield to worship, to teach and to pray for those attending. During 2024 we also began holding Sunday meetings in Castle Vale, with a view to planting a church there. Age-appropriate teaching and activities were provided at each meeting for under 18s. The Sunday meetings are freely open to all to attend and we had guests and new members join us throughout the year. Small, mid-week “Life Groups” met throughout the year for members of the church to facilitate discipleship, build community and support each other practically. Life Groups were begun in Castle Vale and Tamworth, as well as the existing groups in and around Sutton Coldfield. Regular mid-week meetings were also held to pray for the work of the church, our local community and the nations. In August we took a group of teenagers to Newday, a Christian summer festival for young people. We also took a large group to the Catalyst Festival over the August bank holiday weekend, where we enjoyed teaching and times of worship together, as well as increasing the strength of relationships within our church family. Throughout the year we ran specific events for the Men and Women in our church to build relationship and provide a forum for discipleship.

Two Alpha courses were run during the year, one of which was in Tamworth, which were advertised and open to anyone to attend. We also ran several lessons of our "Real Life School", focused on training and equipping members in Christian theology and doctrine.

We held a baptism service in July, celebrating the special occasion with family and friends of those being baptised.

Bless the local community

The church ran a number of craft and activity events for children that were free and open to all. Messy Easter was held on Good Friday in both Sutton Coldfield and Castle Vale, and was a popular session aimed at young children and their parents, to have fun learning about the Easter Story while doing fun art and craft activities. Messy Christmas was a similar event, run in the first week of December. As well as our events in Sutton Coldfield and Castle Vale, we also ran a "Quiet Messy Christmas" event that was accessible for children and families who struggle with the noise levels at our usual events.

In June, Real Life Church entered a team into the Great Midlands Fun Run, raising over £6,000 for local Food Banks.

Real Life Church hosted further "Table Top Games" events during the year, which were popular with the local community. The events were free and open for all to attend, being held in the room where we have our usual Sunday service as a way of inviting the community into our "home".

At Christmas, we participated in the Boldmere Community street festival and Christmas lights event, at which we provided live music entertainment and hosted carol-singing. We also hosted a Carol Service that was open to all to attend, as well as a "Quiet Carols" event for those who prefer a quieter service.

Page 2

REAL LIFE CHURCH, SUTTON COLDFIELD TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2024

Summary of the charity's main activities and achievements (continued)

Help the poor and those in need

Throughout the year we made regular financial donations to a local food bank run from the United Reform Church in Sutton Coldfield. We also encouraged our members to make financial donations to the work of food banks, and split their donations between the United Reformed Church Foodbank and a food bank in Castle Vale. Our members also gave donations of food to these two foodbanks. At various points during the year we supported families in need with food vouchers and financial support in times of difficulty. We gave gifts to other charitable activities, as follows:

We also tithed 10% of our income to the Catalyst network of churches to which we belong, where the funds were used for the relief of the poor, church planting and other activities in line with our charitable objectives.

Significantly, most of the charity's activities are undertaken by volunteers and the charity could not operate effectively without their efforts.

In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.

Structure, Governance and Management

Responsibility for strategic and financial oversight of the Church, health and safety, insurance, employment matters, and ensuring compliance with all relevant legal and charity obligations rests with the Directors. They discussed various matters and met regularly during 2024 and were consulted and informed on matters of importance. The Directors were: Stuart Crane, Andrew Pinder, Charlotte Senior and Aaron Abraham.

Real Life Church is led and overseen by Elders and a Senior Leadership Team. The Elders are Stuart Crane, Jeremy Douglas-Jones and Matt Yates. The Senior Leadership Team is led by Stuart and Melanie Crane, together with Jeremy Douglas-Jones, Ben and Charlotte Senior, and Matt and Philippa Yates.

The Elders and Senior Leaders met regularly during the year to discuss and oversee the affairs and operational matters of the Church. They work with a large number of volunteers to implement the vision, goals and objects of the Church. The Senior Leaders and Elders are given input and guidance from Andy Martin, an Apostle within the Catalyst network of churches to which Real Life Church belongs.

Real Life Church is a member of the Evangelical Alliance and is affiliated to Catalyst, an apostolic team within Newfrontiers, a worldwide family of churches.

Page 3

REAL LIFE CHURCH, SUTTON COLDFIELD

TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2024

Financial review

During the year income increased by £32,414, to £279,382, and expenditure increased by £7,777 to £259,396. As a result, the charity had a surplus for the year of £19,986, compared to a deficit of £4,651 in 2023 and the charity's net assets increased by the same amount, to £391,363, all except £53 of which are unrestricted. Net current assets increased by £20,597 to £390,882.

Reserves policy

The trustees have determined that the Church should aim to hold unrestricted cash of no less than £80k (which equates to about six months' of unrestricted expenditure) so that the Church could continue to operate should income and / or expenditure vary adversely. At the year end, the Church held unrestricted cash of £392,890 and the Church is complying with its reserves policy. Any surplus and free reserves are being held by the Church to meet future expenditure in relation to additional ministry needs or potential staff or venue expansion.

Key risks and uncertainties

The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.

Plans for the future

The Church’s aims for the future are in line with its activities and achievements during 2024, i.e. building and strengthening the church, blessing the local community and helping the poor and those in need. It continues to rely on the support of a large number of volunteers and, as it is considered appropriate and supportable financially, will employ additional people to help further its aims and objectives. In May 2025 the trustees increased the paid hours of Melanie Crane to reflect the additional ministry requirements of the church.

Page 4

REAL LIFE CHURCH, SUTTON COLDFIELD TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2024

Responsibilities of trustees under company law

The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

  1. select suitable accounting policies and apply them consistently;

  2. observe the methods and principles in the Charities SORP;

  3. make judgements and estimates that are reasonable and prudent;

  4. state whether the applicable accounting standards have been followed, subject to any material departures

disclosed and explained in the financial statements; and

  1. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity

will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the trustees and signed on their behalf by:

Charlotte Senior

_______ Charlotte Senior (Sep 25, 2025 22:45:33 GMT+1) Charlotte Senior Sep 25, 2025 Date: _______

Page 5

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

REAL LIFE CHURCH, SUTTON COLDFIELD ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024 on pages 7 to 17 following, which have been prepared on the basis of the accounting policies set out on pages 9 to 11.

Responsibilities and basis of report

As the charity’s trustees of the Company (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 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

Since the Company’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 the Association of Chartered Certified Accountants, which is one of the listed bodies.

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 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 the 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.

Nick Spear

Nick Spear (Sep 26, 2025 08:45:33 GMT+1)

Nick Spear ACCA Association of Chartered Certified Accountants Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: Sep 26, 2025

Page 6

REAL LIFE CHURCH, SUTTON COLDFIELD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2024

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Total income and endowments
EXPENDITURE ON:
Charitable activities
6
Total expenditure
Net income/(expenditure)
Transfers between funds
13
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
13		 Unrestricted
Funds
£
262,701
5,959
2,203
270,863
250,931
250,931
19,933
-
19,933
371,377
391,310		 Restricted
Funds
£
8,519
-
-
8,519
8,465
8,465
53
-
53
-
53		 Total
Funds
2024
£
271,220
5,959
2,203
279,382
259,396
259,396
19,986
-
19,986
371,377
391,363		 Total
Funds
2023
£
238,712
6,085
2,171
246,968
251,619
251,619
(4,651)
-
(4,651)
376,028
371,377

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on page 9-16 form part of these accounts.

Page 7

REAL LIFE CHURCH, SUTTON COLDFIELD

BALANCE SHEET

AS AT 31 DECEMBER 2024

Note
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
10
CREDITORS: Amounts falling
due within one year
11
Net current assets / (liabilities)
TOTAL NET ASSETS
FUND BALANCES
13
Unrestricted Funds
General funds
Restricted Funds		 Unrestricted
Funds
£
481
481
4,285
392,837
397,122
(6,293)
390,829
391,310
391,310
391,310
-
391,310		 Restricted
Funds
£
-
-
-
53
53
-
53
53
-
-
53
53		 Total
Funds
2024
£
481
481
4,285
392,890
397,175
(6,293)
390,882
391,363
391,310
391,310
53
391,363		 Total
Funds
2023
£
1,092
1,092
4,254
399,991
404,245
(33,960)
370,285
371,377
371,377
371,377
-
371,377

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors and were signed on its behalf by:

Charlotte Senior

--------------------------------------Charlotte Senior (Sep 25, 2025 22:45:33 GMT+1) Charlotte Senior Sep 25, 2025 Date: _______

Company number: 8182165

Charity number: 1149821

The notes on page 9-16 form part of these accounts.

Page 8

REAL LIFE CHURCH, SUTTON COLDFIELD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1 Statutory Information

The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: 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) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations and legacies includes:

The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from church retreats and other events and courses.

Income from other trading activities represents income receivable from activities undertaken to generate funds for the charity.

Investment income represents income generated by the charity's assets and includes income from bank interest.

The charity has taken the view that it has only one charitable activity, namely the advancement of the Christian faith, and all income from donations, legacies and charitable activities is in respect of this one activity.

Page 9

REAL LIFE CHURCH, SUTTON COLDFIELD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2 Accounting Policies (continued)

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

The cost of raising funds is not significant and has not been separately disclosed.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

d) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. Endowment funds are donations that are retained as capital in accordance with the donor's wishes. The nature of the restriction determines whether the endowments represent permanent endowments or expendable endowments.

e) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £500 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Equipment Over 3 to 7 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f) Investments

Fixed asset investments are held to generate income and / or for their investment potential. Current asset investments are investments that are held specifically for sale or are investments that the charity expects to sell by the next balance sheet date. Investments, other than social investments (see below), are valued as follows:

Impairment losses and losses arising on the disposal of social investments are included in the Statement of Financial Activities under the heading 'Expenditure on charitable activities'. Gains arising on the disposal of social investments are included in the Statement of Financial Activities under the heading 'Other income'. All other gains and losses on investment assets are included in the Statement of Financial Activities under the heading 'Net gains / (losses) on investments'.

g) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

h) Taxation

The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

Page 10

REAL LIFE CHURCH, SUTTON COLDFIELD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2 Accounting Policies (continued)

j) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

o) Critical accounting estimates and areas of judgement The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

ln preparing financial statements certain judgements, estimates and assumptions have to be made that affect the amounts recognised in the financial statements. The trustees consider the following to be significant:

3 Donations and legacies

Donations of cash and similar
Income tax recoverable
Income from charitable activities
Church retreats and events
Investment income
Bank interest		 2024
£
225,682
45,538
271,220
2024
£
5,959
5,959
2024
£
2,203
2,203		 2023
£
197,336
41,376
238,712
2023
£
6,085
6,085
2023
£
2,171
2,171

4 Income from charitable activities

5 Investment income

Page 11

REAL LIFE CHURCH, SUTTON COLDFIELD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

6 Charitable expenditure

6
Charitable expenditure
a
Costs incurred directly on specific activities
Employment costs
Venue hire
Publicity and Communication
Ministry costs and expenses
Children and youth
Events
Grants payable (note 6c)
b
Costs incurred on support & administration
Governance costs
Accounts preparation and independent examination
Equipment and office costs
Subscriptions and professional fees
Depreciation of tangible fixed assets
Insurance
Total expenditure		 2024
£
123,953
21,684
5,752
17,280
19,750
16,178
204,598
46,942
251,540
2,070
2,669
1,608
611
897
7,856
259,396		 2023
£
119,274
19,016
5,668
17,378
23,132
14,638
199,105
45,435
244,540
1,980
3,052
654
611
782
7,079
251,619

c Grants payable

2024
Unrestricted
Funds
Organisations/purposes
£
Catalyst
6,093
Emmanuel Hub
18,278
Foodbank
2,400
Acacia Family Support
2,400
LIV Village sponsorship
3,000
Church Planting Africa
3,460
Christ Church Birmingham Food Pantry
-
Sutton Coldfield Baptist Church Foodban
-
Spitfire Advice & Support Services
-
Other gifts < £1,000
600
Individuals
2,246
38,477		 Restricted
Funds
£
-
-
8,465
-
-
-
-
-
-
-
-
8,465		 2024
Total
£
6,093
18,278
10,865
2,400
3,000
3,460
-
-
-
600
2,246
46,942		 2023
Unrestricted
Funds
£
5,795
17,384
2,400
2,400
3,050
3,000
-
-
-
613
4,113
38,755		 Restricted
Funds
£
-
-
1,840
-
-
-
1,500
1,500
1,840
-
-
6,680.00		 2023
£
5,795
17,384
4,240
2,400
3,050
3,000
1,500
1,500
1,840
613
4,113
45,435

The charity has taken advantage of an exemption conferred by the Charities SORP and has not disclosed the names of some grant receiving institutions as they operate in territories where Christians are persecuted; the disclosure of this information would be prejudicial.

Page 12

7 Analysis of staff costs, the cost of key management personnel and trustee remuneration

REAL LIFE CHURCH, SUTTON COLDFIELD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

lysis of staff costs, the cost of key management personnel and trustee remuneration
Gross wages and salaries
Employer's National Insurance costs
Pension costs (employers' contribution)		 2024
£
112,999
5,304
5,651
123,953		 2023
£
109,459
4,602
5,213
119,274

The average monthly number of employees during the year was 5 (2023: 4). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the trustees and the key staff named on the Company Information page. Total employment benefits payable to key management for the year were as follows:

Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Stuart Crane
55,275
351
2,764
Key management connected to trustees:
Melanie Crane, spouse of Stuart Crane
25,058
166
1,253
Other members of key management		 2024
£
58,390
26,477
-
84,867

The following amounts were payable in the previous year:

following amounts were payable in the previous year:
Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Stuart Crane
52,844
309
2,642
Key management connected to trustees:
Melanie Crane, spouse of Stuart Crane
28,567
166
1,198
Other members of key management		 2023
£
55,795
29,931
-
85,726

Stuart Crane served as a church leader and received the above payments for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.

Page 13

REAL LIFE CHURCH, SUTTON COLDFIELD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

8 Tangible fixed assets

Cost
At 1 January 2024
Additions
At 31 December 2024
Accumulated depreciation
At 1 January 2024
Charge for the year
Eliminated on disposal
At 31 December 2024
Net book value
At 31 December 2024
At 31 December 2023
9
Debtors
Tax recoverable
Other debtors
10
Cash at Bank and in Hand
Cash at bank with immediate access
Notice deposits (with a term of three months or less)
11
Creditors: liabilities falling due within one year
Trade creditors
Other creditors
Accruals		 Fixtures,
fittings and
equipment
£
48,144
-
48,144
47,052
611
47,663
481
1,092
2024
£
2,926
1,360
4,285
2024
£
110,991
281,899
392,890
2024
£
240
3,983
2,070
6,293		 Total
2024
£
48,144
-
48,144
47,052
611
-
47,663
481
1,092
2023
£
2,774
1,480
4,254
2023
£
120,058
279,933
399,991
2023
£
1,483
30,497
1,980
33,960

12 Pension commitments

During the year employer’s pension contributions totalling £5,684 (2023: £5,213) were payable to defined contribution personal pension schemes. No pension contributions were owing at the balance sheet date (2023: £nil).

Page 14

REAL LIFE CHURCH, SUTTON COLDFIELD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

13 Funds

During the year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Foodbank Fundraising
Other restricted funds
Aggregate of funds		 Opening
balance
2024
£
371,377
371,377
-
-
-
371,377		 Incoming
resources
2024
£
270,863
270,863
8,519
460
8,979
279,842		 Outgoing
resources
2024
£
(250,931)
(250,931)
(8,465)
(460)
(8,925)
(259,856)		 Transfers
in the year
2024
£
-
-
-
-
-
-		 Closing
balance
2024
£
391,310
391,310
53
-
53
391,363

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

lysis of net assets by fund
assets and liabilities of the various funds were as follows:
Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
481
-
4,285
-
392,837
-
(6,293)
-
391,310
-
Unrestricted Funds		 Restricted
funds
£
-
-
53
-
53		 2024
£
481
4,285
392,890
(6,293)
391,363

Page 15

REAL LIFE CHURCH, SUTTON COLDFIELD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

13 Funds (continued)

In the previous year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Foodbank Fundraising
Aggregate of funds		 Opening
balance
2023
£
376,028
376,028
-
-
376,028		 Incoming
resources
2023
£
240,216
240,216
6,752
6,752
246,968		 Outgoing
resources
2023
£
(244,579)
(244,579)
(7,040)
(7,040)
(251,619)		 Transfers
in the year
2023
£
(287)
(287)
287
287
-		 Closing
balance
2023
£
371,377
371,377
-
-
371,377

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
1,092
-
4,254
-
399,991
-
(33,960)
-
371,377
-
Unrestricted Funds		 Restricted
funds
£
-
-
-
-
-		 2023
£
1,092
4,254
399,991
(33,960)
371,377

14 Transactions with related parties

During the year the charity:

Except as disclosed in note 7 'Analysis of staff costs', there have been no other transactions with related parties during the year.

16 Members

Each member of the company commits to contribute if the charity is wound up an amount of £1.

Page 16

REAL LIFE CHURCH, SUTTON COLDFIELD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 DECEMBER 2024

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Total income and endowments
EXPENDITURE ON:
Charitable activities:
6
Total Expenditure
Net income/(expenditure)
Transfers between funds
13
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
13		 General
Restricted
2024
2024
£
£
262,701
8,519
5,959
-
2,203
-
270,863
8,519
250,931
8,465
250,931
8,465
19,933
53
-
-
19,933
53
371,377
-
391,310
53
Unrestricted funds		 Total
2024
£
271,220
5,959
2,203
279,382
259,396
259,396
19,986
-
19,986
371,377
391,363		 General
Restricted
2023
2023
£
£
231,960
6,752
6,085
-
2,171
-
240,216
6,752
244,579
7,040
244,579
7,040
(4,363)
(287)
(287)
287
(4,651)
-
376,028
-
371,377
-
Unrestricted funds		 Total
2023
£
238,712
6,085
2,171
246,968
251,619
251,619
(4,651)
-
(4,651)
376,028
371,377
General
2024
£
262,701
5,959
2,203
270,863
250,931
250,931
19,933
-
19,933
371,377
391,310		 General
2023
£
231,960
6,085
2,171
240,216
244,579
244,579
(4,363)
(287)
(4,651)
376,028
371,377

Page 17