REGISTERED COMPANY NUMBER: 08158557 (Englond and Woles) REGISTERED CHARITY NUMBER: 1150359 Report ol Ihe Trustees ond Flnoncial Stotements for Ihe Year Ended 31 December 2023 f¢r Everydoy Chwch 8rewers Chartered Account(mts Boume House Queen Street Gomshol rrey GU59LY 1111 •ADB3YMS0• (W0912024 (JIPANIES HOUSE 1111 A18 211
Everyday Churc Contents ol thè Finoncial Slotèments lor the Yeor Ended 31 Detember 2023 Poge Report the Tiu51ee5 Report ol the Independenl Aurfthor5 9 to 12 Slalemenl ol Hnanclal Actlvllles 13 Bolonce Sheet 14 Cash Flow Slalement 15 Nolès lo Ihe Cosh Flow Statement 16 Notes to Ihe Finon¢lol Stalements 17 10 25
Everydoy Church IRe9lstered number 081585S7) Rèport of the Twslees for the Year Ended 31 D•cember 2023 The trustees who ore olso directors ol the chority the PLKposes of the Componies Act XX)6. present their report wilh the finonciol stotemenls ol Ihe chority Icx the yeor ended 31 December 2023. The trustees hove adopted the provisions ol Accounting ond Reporting by Chorities= Slolement ol Recommended Procknce opplicoble lo chorities preporing their account5 in occordonce with the Finoncid Rep11 Slondord (¥)plicable in the UK and Republic ol Irelond IFRS 1021 lellective l JonLJary 191. Name ond oddress The ¢hority is colled Everyday Church (Chority CommST0n Registrolion Numbef 11503591. Ihe oddre5s ond principol olh.ce ol Me chority is S) Queens Road. London. SWI 9 8LR. Everyday Church is a charitoble compony limited by guoront&e Icompony Registration Number 081585S71. The website is www.everydoy.org.uk OBJECTIVES ANO ACTIVITIES Objects The objects of the Chority 05 State(1 in the Article5 of Associotion ore= li I lo odvar)ce the Christian faith in Greoter Lorvjon orKI in such other Fxxts of the Uniled Kingdom the Wortd as the director5 of the chority moy frorn time lo time think fit for the t)enefil of the pvNic. 121 The prevention or ielief of poverty trrdsh in Greoter lorKJon ond in such other wrts ol the United KInOrn or the World os the trustees ol Ihe charity moy from time to h.me think fit by providirKJ gronts. items ond seNices lo individuals in need idIOT choritie5 IY other orgonisotion5 working to prevent or relieve poverty. Page I
Everydoy Church (Reglstered numbei: 08158557) Report of the Trustees for the Year Ended 31 Dè¢èmb %r23 OBJECTIVES AND ACTIVITIES Government and Leadeishlp The church is led by O team of elder5, and 0 5eporale t¥)dy of SleeS. Tiuslees serving are.. Mr Clive Gordon Cooke Mrs Helen Dennis-srnith Mrs Echo Chong Mr Ben Gilson M5 Noline Motemera Compony Secretary= Mi Peter Wood The elders and tr115tee5 work closety together, and overall reSpor1b11ify f¢x the day to doy opwotions 15 delegoled to Mr Sirnon Blioll (Leod P05torl who allends trustee meeling5. The spiritual oversight, government orKI leoder5hip ol Ihe chvrch remoins with the elders. who ovw5ee oll oreos of ministry wilhin the church. Elder5hip deci5i0n5 are mode by con5en5V5. The Lead P05tor u respon5itJe foT Setting the overoll vision ond 5trotegy for the yeor. He doe5 this in consultolion with Ihe wider Elder5hip teom ond the trustees_ Within these poromeler5, the vQU5 5toff ond volvnteer ministry leaders cwe encouoged to devebp their own goo15 ond strotegy for the yeor. All staff ond v¢Sunteer leoder5 ore encowoged to buihy. ono work, witlin o leorn. The contllbution of staff and Vc4Unlee is vitol to the success of the chcyity in hjfiling its otieclive5. The trvslees (ye responsible for the 0per monogemenl orKJ odmini5trotion of the os5ets ond income ol the charity in furthering ils chorilable objectives. Tw51ee maMer5 are decided by ma11Y decision. The con51ilution permits the poyment of the Lead Pastor os on empbyee ol the chority. In con5ultotion wlh oll key budgel )lderS other slokehdders. the fironce team working wthin o fjnonce wkirng group choired by o trustee &¥oduce o draft budgel lor 1he year to IMpment the Chority's slrolegy. fhis budget is then presented for discussion by Ihe Eldership leam ond Iruslees. The twslees ultimotely opprove the budget. Progress during the year is monitored by woy ol qrterty manogemenl occoun15 presented lo the trvslee5. TnJslees are required lo meet ol thsl Iwice o ye<Y. ancl au deci&on5 are mir4Jled. Arrangemenls lor setting remunerotKJn oce ogreed by Ihe trustees ol the budget meeting. Current pertormancelgrowth and exlwnol econonic laclots lye oll loken into occounl. Trvslees sel the remuneralion for Simon Elliott. Publk benefft The Inxlees hove had regard lo Ihe Chority Commission's gj1d0re on public benefit. Conlrlbvtlon of voluntee Time spent by volunteers who ossisl in helping the church delNw ils nwssion hos not been included in Ihe occounts. Poge 2
Everydoy Church (RegSsteied number 08158557) Rèport ol thè Trust$ for the Yeaw Ended 31 Decembw 2023 ACHIEVEMENT AND PERFORMANCE Sunday S•r¥lces across Ihè Evéryday Church V•nu•s Croydon In 2023 our Croydon venue moved Irorn service a monlh to Iwo services a rnontrhtry octivttry of praying on the 5treet5 01 Croydon. It 0150 moved to o new vewe - Motthews Yord - ond s(Trv o Venue Leoder join the 51011 teorn 2 doys o week os Venue Leoder. They ore supp(¥te(J by otheis but in o vohJnlary copocity. The Cioydon Venue grown in Size ond influence throu the yecw orKI ploys on octive p1 in ecumenical oclivilie5, particulorty proyer meetings focused oround deoliThJ wth kryfe crirne youth vidence in the borovgh. Klngston Allhough Sundoy Services have not been reslorted on o regor bosis member5 of Everydoy Kingston meet weekty in a smoll group selting. Theie were also regulor 0Yer ond worship events in Ihe venve. including whole church ASK Proyei meetin. DLJring the yeor the Chinese Church in London d50 slorted meeting in the Kingston building on o Sunday oflernoon for weekly wcKship services. Onllne Everydoy ChLffch Online conlinued to rim setvices every houi on the hovr. MO delosled onotysi% ol ollendonce in 2023 reYeole¢ that the service sees over regulor ottendees from ¢youncl the wortd ond lor mony ol these people the Online 5eNice provide5 their onty sowce of regvlai worship. there ore frequenl opp(ytvnities given for people to ¥esrK)nd lo the gospel ond to occess equipping moleriol to help individuols grow in their loilh. Over 80 leoders olso use the Online Seryice lo help them leod thew own congegations oiovnd the worfd_ These leoders receive a weekty emoil contoiryng 5emon notes and link5 to odditiond iesource5. The Online se¢vice olso provides o catch-up facility foi anyone in the olhei Everydoy Church Venue5 ore rK)t ae to ottend their venue on a Svnday. An intemolional online life govp meels eoch week by Zoom os well os o rolling Focebook life group Ihroughout the week. Our online seNice is port ol <xJr digitol E¥e5ence. The sermon lor the Online Servtce t5 olso available lor oll London Venues ond allow5 lor video preoching in these venues when required. At cerloin prnI$ oll venues will show the some video preach 05 0 woy ol connecting 05 one chwch many venues. These video me5$0ges ore also available on YouTL#Je Southfjelds Everyday Church Soulhfields meets regulorfy on Sundoys al lo... wilh the exceplion ol Ihe 5th Sundoy in a month which occurred 4 times in 2023. On these Sijndoys the venue meels in Life Groups. Sundoy seNices were 0150 ovoiloble via Zoom lor Ihose who were not oble to ottend because of infirmity or increased vulnerability in o P05t-covicl world. The Venve Leoder's sobi)01ical in JutylAvgvst 2023 wos o key seoson in reosing teoms lo fcTC(litole Svndoy wthering5 at S¢)vthfields (yid decreose dependence Adom. releasing him lo more overom leodership. Svtton Everydoy Church Sutton gother every Sunday ol ltr.. Wimbledon Everydoy Church Wimbledon meels every Sundoy ot I0..rn ond 6pm. Ihe eveTrng service moved from 7.'CXJpm to 6."OOt)m on o trial basi5 in Juty 2023 ond moinloined thi5 thylhm lor the (njtvmn term. All Venue5 All the Everydoy ChCh Venues follow the some leoching pfogrcThe f their Svndoy seNices. In 2023 they looked ot the following wies.. Jonuory- Feory.. VIsi(Y) ond Volves Poge 3
Everyday Church (Reglstered number. 08158557) Report of the Trv5tees for Ihe Year Ended 37 December 2023 Morch- Juty". Exodus Avgusl-. Venue Specific series Seplember- November.. Eogerty Dwe Spirilual Gitt5- leoching fvlyn I Corinthians 12-14 Advent- EmLYacing the Generosity OF God- The gift5 of the w5e men in Motthew 2..1-12 These common series ore inlerspeised wlh Venue Specik Sundays to allow VenLE Leodership leoms lo bring leaching specific to their venue conlexl. Lile Groups Mid-week Lile Grovps continue to be o port ol Everyday Church. In o gowing church in a city like London, il is imposyble lor onyone to know everyone. trxjt it is vitol Ihot everyone is known by someone. Life Groups provide the context lor this fo hoppen in proctice. knfe Groups ore the txjilding block ol chuch file and creole space for occountobility. proyer. tible study ond poslorol core. Life Gioups ore olso enco0ged to look beyond themselves ond reoch out to the community (xound them. Life Grovps ore supp(yled through the provision ol sludy maleiial, the input of more senior leoders ond ¥egvlor troining opportunities. pho Alpho is still o key port ol Everydoy ChJrch's ccrfnmitment to Ihe gospd of sofv0tl. In 2023 we ran a number ol courses and these included weekend5 oway to give mcKe hrre for resotionship buikjiry orKJ to moke spoce for leaching on the Holy S. 8aptlsms'. We boptised 12 people (Jring %123 Church Farnlty Fvnd= We continue to operote Me Church FonNly Fvnd creoted in 2020. Ihis mokes ovoikjble gronls ol up to £S)J for church member5 or those c105ety connected wth the church to Ceive 0clIe01 ond finonciol support. In 2023 these girt5 tended to be given to help mitigote cosl-of-living increose5. Specific gfts were olso given for Ihose impocled by fomily breokdown. immigrotion issues ond those struggling wth level5 of oddiction. In mony coses these gift5 were part of a pockoge of core whch included refwrol to other 09encies ond Christions Agoinst Poverty money ondlor life Skills courses. Chlldren and Teenogets.. The nexl generolion continue to be a priority Icx Everyday Church. (XK clildren ond young people leesent our first sphere ol missionol octivity ond in 2023 we 6yideovoured to conlinue lo serve the young people ond their porentslcorers. Like mony ChcheS post-covid. it is on onwing challenge recruiting volunleers ond 51afl members lor WO with our (F18's ond throvghout 2023 we operoled wilhovt ony specific sloff members in Ihi5 areo. Staff leoders from other (yeos on omoing volunteer team seNed Ihe cfKJrch admirobfy in 2023 and we were oble to oller o level ol Children's ond Youth work ocross oll our venues by Ihe end ol the year. This included on increose in Creche provision in our Croyéon. sutton ond Wimbledon Venues. on oddition ol Children's wc¥k in our Croydon Venue. ond on increose in the regulority ol our Fridoy Nighl Cross-venue 0ViSion- Nightlife. We olso look 42 teenoger5 to Newdoy. the 6 dcry youth event rw by NewFrontiers. the lomity ol churches lo which Everydoy Church belongs. Tris w05 an incieose ol ovw Xl% on 2022. Soclal Acllon IUKI.. Everydoy Church continued to serve the p¢x)r ond morgino115ed in ow cornmunity. We coHected food lor locol Food 8onks throughout the yeai. ron Christions Awinst Poverty money courses lor those in debt ond porticipoted in Opeiation Chrislmos Child. filling Shoeboxes wilh gifts for children in poverty ocr055 the worfd. We olso mocle gills lo chorities thol wort omongst the poor. inchJ(ng to locol Food Bonks ond Community Action trust5. We played our part in o local homeless initiotive and helped olher chLKches across Merton provide Ove19h1 occommodotion through November. December arj into Jonuory. ffte Kin9Ston builcng wos used throughout the yeor lor Foodbonk os well os providing spoce fu o number of c*gonisotions seekn.ng to alVIole poverty in the oreo. Page 4
Everyday Church (Reglstered nvmbw. 08158557)
Report al the TruslÈès
for the Yeor Endèd 31 Decembèr 2023
Soclal Aclk)n {Global)=
Over ICO member5 of Everyday Church conlinued to soonsor ¢"ldren through the charity Compasgion.
Connecting us o church with o specific community in Africa. Everydoy Church olso continued to provide
ongoing support lo Love ond Comp055ion in Action ILCAI, wtth engoge in sociol action ond church Onth"n9 in
India. We ore o partner church with the chuity Jubilee Plus which wcxk5 ocross rnultiplÈ churches ond church
nelwoths lo help equip and empowef locol churches to core for the poor n their Iccality. Our Ooing F>Ortnership
and support of New Ground enobles the plonling of chwches in Ihe UK arKI (xovnd the w
Everyday Church (Reglslwed nvrrthr 08158557) Report of Ihe Twstees l¢r Ihe Yetsr Ended 31 December 2023 ACHIEVEMENT AND PERFORMANCE Svmmory Doshboard lor 2023 Jonuary X122 420 457 55 NIA Jonvory 2023 Jonv(xy 2024 525 418 86 30 10 33 28 £184 276 Averoge Sunday ottendance Advlt membership O-11'5 included in Sundoy Average Friday night youlh 8opt15m5 in yeor Attive Life Group5 Alpho guest5 in yeai Averoge giving per giving hov5ehold Number of giving hou5ehold5 429 £194 281 FINANCIAL REVIEW Flnanclal resu115 The income and expenditure ol the chlty is out in the ffnoncid stolements on poges 12 10 25. The chorily continues lo rely on the generous supwt of its member5. Unrestricted offering5 ond gifts omoLntecl to £836.83512022'. £691.5531. We consider this level of offerings to be reMOrkab evidence ol God's groce. and of the generosity ol His peop in such unprecedented times. The charity produced on unreslricted goin of £J).3211%)22 £31.870 kjssl on unrestricted funds before Iron51ers. The reslricted fd5 bolonce is mointy ollributed to the CIMKch bld1rs. In 2)23. iCOrr was mainly Speciol ollerings of £1.7SO12022.- £32.1721 including gift old Icx (xjlword 9NTno. The bolonce ol restricted funds al the end of the year is £4.591.55712022: £4.629.3261. ffte church dewsited y)me of rts C05h resowces in depout occounts wlh Borcloys. Aldemore ond Cambrldge & Counties Bonks. ffte trustees consider the church's h.st ol re9Or UK and ovetseas donotions on on onnuol bosis. Resewve5 The Iru5tee5 oim lo keep on omovnl ot le05t eqvivolenl lo fw month5. Worth ol vnie51Ticled expenditure in reserve5 lor operallor1 need5. Thi5 (ynounls to £35O.812 12022.. £366.1511. The omounl of ieodily reoli50ble unreslricled re5erve5 held ot 315t December 2023 w05 £697.112 12022.. £XJI,8091. during the yeor o designoted fund w05 recla55ified 05 unrestricted. ond the bobnce will be used to fund futwe 0w1h. ReoLlily reali50ble re5erve5 comprise that port of vnre5tricled reserve5 rekxesenled by net cwent 055et5. STRIJCTURE. GOVERNANCE AND AIANAGEMENT Governlng docvment The chority was incorporoled on 26th Juty 2012. The goveffting dLmentS ol Ihe chorily ore the Memrandum and Articles of As50ciolion. The goveming documents were omended by o certificate of incoryx¥ation on change of name doled 4th December 2012. The chority wos registered wilh the Charity Commission on 7th Jonuory 2013. TTuslee5' Appolnlment ond Tralnlng The charity Iruslees ore olso crectors of the charitoble compony lor the purposes ol Company Law. Trustees ore oppointed in occordonce wlh the Memorondum ond Articles ol Associolion. Trustees receive oppropriole induction troining. copies ol governing documents. ond levant extemol infomotion on managing a voluntory organisalion including Charity Comrr4ssion pU1C0110ns. New trustees ore oppointed ot the discretn ol Ihe CLKrent trvstees ond &ders. Polentiol Injstees ore osked lo volunt(lY sit in on trustee meelings lor o period ol tbme 1¢Y to If*ir l(mTrol opt)ointment. Poge 6
Everyday Church {Regi51ered number. 08158557) Rèport ol the Tiuslees lor the Yeor Ended 31 Decertier 2023 STRUCTURE. GOVERNANCE AND MANAGEMENT Church Bulldlngs The three church buildings ore ot X) Qveens Rocjj. Wimbledon. London SW19 8LR Iprincipol officel.- 225 Wimbledon Pork Rood. Southfields. London SW18 5RH.' ond 46 Union Street. Kingston. KTI I RP. While the London Baptist Property Boord ILBPBI acts os Custodion Injstee Southfies ond Kingslon. 0 5eporate trust involving Everyday Chwch ond Ihe LBPB holds Ihe Wimbledon property. Everydoy Church moinloins. repoirs ond improves oll three iivildings. and hos free use ol these wemises lor worship. ministry. cLJtreoch and the life of the chwch. The church also owns o house 015 Clonmtxe Street. LoThJon SW18 SEU which 15 being used 05 0 Monse lo enoble the p05tor ol Everydoy Church Soulhlield5 to INe in the communily served by the Church. The London Boptisl Property Board IL8PBI octs as cus1od1 tiustee lor llis propety. Llnks Everydoy Church is a member of the Evongelrcd A4iance. of Ihe New Ground INewfrontiwsl and Boplist lomilies of churches. Connèctéd Chorltles The Queens Rood Mon5e Trust IQRMTI provides housing l(* the use of the church and Ih05e in ministry in the chvrch, moinly Ihrough shored equity. The rentol income received by QRMT from one of 115 properties wos gimed to the church lo help nd the costs ol youth work. Ihe chuich rs responsibl& lor the moinlenance. repoir and improvement ol this propwly (d enjoys the benefits of ovmer5hip. Al Fyoperty portty owned by QRMT is in o good slote of rer)oir. The Rowlett Trust (Charity Nvrnber 2354811 eyi515 lo relEve poverty 01)ongst neety mentrrs ol Ihe church ond others seeking 5UPPOrt throvgh the provigon ol gonts towcx(ts the costs of 00MMOd0110n. heolthcare services ond other facilities. The Iruslee5 of both trvsls ore member5 01 Everydoy ChLXCh. Rlsk Regider ond Pollcies The trvstees ore responSie for moThloring ond controlling risk and tK&ve 055es5ed Ihe mojor iisks to the chority. A Risk Register hos been completed. and policies pul in FAoce lu the mojor risk ore05 incl¢JJing Sofeguording, Heomh ond Solety. fire Solely ond Dola Pioteclion. CNKch ossels ofe odequolely sred thiough the Baplisl Insuronce Compony. REFERENCE AND ADMINISTRATIVE DETAILS Registered Comp¢Jny numbèr 08158557 (Englond and Wolesl Reglsteied Charity number 1150359 Reglsteied office 30 Qveens Rd Wimbledon SW198LR Truslee5 Ms E Y Chong Mr C G Cooke Ms H Dennis-smilh Mr B W Gilson Ms N Motemero loppointed 24.1_241 M¥ L J Polmer Commercial Manager (resigned l.1.241 Page 7
Everydoy Church (Reglstered number. 08158S57) Report ot the Truslees lor Ihe Yeor Ended 310ecember 2023 REFERENCE AND ADMINISTRATIVE DETAILS Avditor5 Brewers charted Accountanls Bovrne Hovse Queen Street Gom5holl sye¥ GUS 9LY Solleltors Mox Wiley & Co 130 Fish Hill Holt. Norfolk. NR25 6HN hllp'.Ilmoxwileysolicilus.co.ukl STATEMENT OF TRUSTEES. RESPONSIBIUIIES Tre truslees (who ore olso Ihe direclors ol Everydoy ChLKch for the wposes of corrpony lowl are respon5ble for preporing the Report ol the Trustees Ihe linonciol stotemenls in occordonce opplicable k]w and United Kingdom Accounting Standords (United Kingdom Generolty Accepted AccollIng Praclicel. Company law requires the trustees to prepore finonciol statements for each finonciol yeor which give o true ond loir view of the stote of olloirs of the chori10b company and ol the incomiro resource5 ond applicolion of resources. including the income ond expendilwe. of the choritoUe c¢)mpony lor Ihol period. In preparing Ih05e hnonciol stotements. the trustees ore required to selecl suitoble occovnling poli¢ie5 orKJ Ihen opply them conyslenltr. observe the methods ond principles in the Choiity 50RP-. moke judgements ond eslimotes thot ore reo$onob ond rxudenl.. prepare the finonciol stotements on the going concem k)osis it is inappropriote lo Fyegjme Ihal the charitoble corTpony wdl continve in bvsine55. The tnjstees ore responsible for keerx.ng proper occothfing recorcts whh disclose wth re050noble OCCUfOCy ol ony time the finoncial p051tion ol the chorilable compony ond to enoble them to ensure Ihot Ihe linoncial stotemenls compw wth thè Cornponie5 ACI 2(X)6. They ore dso ie5pon5ible lor sofeguordin9 the 05sets of the choritoble compony ond hence for taking reosomble steps for the prevention orKY delection ol fvoud ond olher irregulorities. In so far 05 the trv5tee5 ore ow(Ye_' there is no relevonl oudit inlormoti<)n ol which the Ch¢table compony's ouditors are unowore.. ond the Irustees hove token oll steps Ihot they ovght to hove token to moke themselves owcxe ol ony relevant oudit InfOnall0 ond to e51oblish Ihe OLKlitor5 ore owore ol thot infomotTron. AUDITORS The oudilor5, Brewer5 Chartered Accountont5, wll be proposed fcx re-oppointrnenl at the lortf¢oming Annual Generol Meetin9. Approved by order of the boorcl of truslees on ...._--- - ond signed on its beholl by: Ms H Dennis-smilh Trustee Page 8
Report ol the lrtdèpèndènl Avdllors to the Members ol Everyday Chvrch Oplnion We hove audited the financial slalemenls of Everydoy Church Ilhe 'choriloble compony'l lor th& year ended 31 December 2023 which comprise the Stotement of Financial Activilie5, Ihe Bolonce Sheet, the Cosh Flow Slotemenl ond notes to the finonciol slalements. including 0 5vmmory ol significont occovnling policies. The financial reporting Iromewoth thot hos been opplied the preporation 15 opplicoble km ond United Kin9dom Accounting Standard5 (Uniled Kingdom Generolty Accepted AccounlirvJ Proclicel. In our opinion Ihe linonciol stotements.- give o true ond foir view of the stole of Ihe chc8iloble compony's offow5 05 ot 31 December 2023 ond ol ils incoming resoLKces and opplicotion of res0ceS. sncluding 115 uicome ond expenditure. for the yeor then ended.. hove been wopedy prepared in ocCdanCe wth United Kingjom Generaly Accepted Accounting Practice.. and hove been prepored in occordonce wlh the [equeMen1S ol the Componie5 Act 1)6. Basls for oplnlon We conducled our audit in occordonce wth Inlemotionol Slondaids on Avditsng IUKI (ISA5 IUKII ld opplicoble law. Ovw reSpOnbIlItieS under those slondords ore fLrther described in the Auditor5. responybililies For the oudit ol the finonciol slalemenls section ol our report. We ore irKlependenl of the choritotje company in occordonce with the ethicol requiiemenls Ihol ore relevonl to Olff ouLt ol the finoncid statements in the UK, including the FRC'S Ethical Stondord. ond we hove fulfilled our other ethicol responsiblitie5 in occoréonce with Ihe5e requirements. We believe Ihot the oudit evKlence we hove obloined is sulficient and appropriote to provide o bosis lor tsur opiThon. Conclvslon5 relalin9 to going c4)n¢ern In ovditing the finonciol 5totements. we hove concluded thot ihe truslees. use ol the 90ing concem basi5 01 occovnling in the preporotion ol Ihe financiol 5totements is opproExiote. B05ed on the Work we have performed. we trve not idenlified any moleriol vncertainlies reloling lo events or conditions Ihol. individuolly or collectively. nKry Cost signfficant doubt on the cnIOble compony's obilily to continue os o going concefft for o period of al 051 tWee months from when Ihe firnclU1 stotements are authorised lor issue. Ou responsibilities and the reSponli11eS of the InJslee5 with respect lo going concern ore described in Me relevant sections ol this report. Other inform¢Jlion The trvstee5 ore re5pofb5ible lor the olher inlorrnotion. Ihe othw inlormotion coTrprise5 the inlormalion included in Ihe Annuol Report. other thon the finonciol stotemenls Rep(Kl of fhe Independent Avditors Ihe(eon. Ovr opinion on the finonciol gtotements does not covei the other inlormotion ond. except to the exlenl otherwise explicitly staled in oui iepcyt, we do not express ony foni) of assurance conclusion thereon. In conneclion wilh our oudit of the fuionciol 5totements. our responsibility is to reod the other informotion ond, in doing 50. consider whether the other intormolion 15 moteriolly incon515tent wth the finonciol 5totements crf ovr knowledge obloined in the audit or otherw5e oppe¢ys lo be moleriolty mis5toted_ 11 we identify Such moteriol inconsistencies or opporent moferial msstotements. we tye required to determine whether Ihi5 gives rise to a moleriol mi55totement in the finonciol stotements themselves. 11. bosed on Ihe work we hove perfomied, we conclude Ih(Jt there is o maleriol mi55totement ol thrs other ton?li0n. we ¢ye required lo report thol fact. We hove nolhing to report in Ihis regord. Oplnlon5 on other rnalleis Pfe5crlbed by Ihe Cowwnles A¢t 2000 In our opinion. based on the work Ljndertoken in the course ol the oudit.. the inlormotion given in the Report of the Truslees for the linonciol year for which the fuionciol statements are prepored is consistent wth the linonciol stotemenls-. ond Ihe Report of the Trvstees hos been prepored in occwjonce wlh oppficOb legal recwiiements. Poge 9
Rèport of the Independent A•Jdllors to Ihe Members of Everydoy Church malle on whlch we ore requwed to rèptyl by exceplion In the light of the knowledge ond under5tonding of the ch¢tab company ond its envirorynent obloined in the COLKse of the oudt, we have not idenlified moleri¢J rr55tolemenls in the Report ol the Tw5tee5. We Trhjve nothing lo iepcyl in respect of the fclowro motters where Ihe Companies Act 2CX)6 reqLMres us to reL)Ort lo you il. in our OFxnion'. odequale accounting records lYJve nol been kepl or relL odequole lor ou audit hove not been received Iiom bronches not visiled by vs.. or the linonciol slatemenls ore not in ogreemenl wilh the occounling records ond relums.. c certain disclosures ol truslees, remuneration specifie¢Y by low ore not mode.. or we have not received all Ihe infrymotion ond eWonolion5 we reqvire for our cLJrfit.' or the I0ee5 were not entitled lo take odvonloge ol Ihe smoll companies exemption from the requirement to prepore a Slialegic Report or in preporing the Rewt ol the Truslees. Responslbllltles ol truslees As exploined more fully in Ihe Stotemenl of Trv51ees' Re5ponybilities. the trustees (who ore ¢ytso the drector5 of the choriloble compony lor the purposes ol compony lowl ore responsible lor the preporotrion of the tinancial 5tolements for being solislied thot they give o true ond loir view. cnd for such uitemol control os the tru5tee5 delermine is necessory lo enQe the preporolion ol finonciol stotemenls thol ore free from moteriol misslotement, whelher ¢thJe lo froud or effor. In preparing the financial slalemenls. the l(u51ees are respolts1b for as5es&ng the chariloble cwpanY5 ability lo conlinue os o going concem. disclosing. os applicoble. mattels related 10 going concem and using the going concern bosis ol OCCOLmling unless the trustees either intend to liqukyote 1he choriloble compony or lo cease operolions. or have no reolislic alleinolive t4Jl to do so. Poge 10
Report ol the Independent Avdjlors to the Members ol Everyday Chvrch OLV responslbllllle5 for the audll ol Ihe financlol stotemènts Our objectives ore to obtain re0sonae as5uronce obovt vthether the n¢la1 stotements 05 0 whole ore tree from molerial misstatement, whether due lo fraud or error. ond to issue o Retxwt ol the Independent Audilors that includes our opinion. Reosonable ossurance is a high Wel ol assuronce. but 15 not o guaronlee that on oudit conducted in accordance wifh ISAS IUKI will oNvoys delecl a moleriol missloternent when il exists. Mis5totements can orise from froud or errof orKI ore considered moteriol if. lndividuolty u in the oggregale, they could reasonobly be expected lo inflvence the economic decisions of users token on the bosis of these finoncial statements. ffte extent to wfmch procedwes ore copotAe of delecting irregvk%ities. inckJ(fin9 fvaud is deloiled below: Bosed on ovr dlscvssions wth the choriws morK)gement ond the Twstees. we identified Ihot the fdlowing laws ond regulolions ore sigrmficont to Ihe entity.. Those Iow5 ofKJ regulotions considered to hove o direct effecl on Ihe finoncid slolements inclvcje UK finonciol reporting 5tondard5 ond Chty Low. Those Itjws ond regLAofis lor which non<omplionce moy be lundomentol to Me operoting 05pect% ol the chorily ond therefcKe moy hove o moleriol effecl on the finonciol 5talernents include compliance wth the choritoble objectives. public benefil. sofeguording ond heallh 50fety legi51otion. These motters were iscussed amongst the eroogemenl leom ol the plonning sloge ond Ihe teom remoined olert lo non-complionce Ihfoughoul the audit. Audit txocedures undertcken in response lo the potentiol ri5k5 reloting lo Yre9ularilies Iwhich include fraud ond non-complionce wth lows ond regulolionsl comprised ol.. wiryAres ol morKJgement ond the Trustees os to whether the enlily complie5 With 5vch bw5 regulotion5-, enqrieS wilh the some Conceming ony octuol or potenlid litigolion claims.. inspection ol relevont legol corre5F)ondence.' ieview ol Tnjstee meling minutes- testing the oppropriolene5s of joumol entries.. and the pertomionce ol onotylicol review lo iclentify unexpected movements in occounl bcdonces which rnay be indicative of frovd. No instonces of material nortrcompfionce were idenlifiecl. However. Ihe likelihood of delecling iKregulorities. including froud, is limited by the Inherent difficvlty in delecling irregulorities. Ihe ellectNeness ol the enlily's controls ond the nolure, timing ond exlent ol the wdil Pfocedvres performed. Irregularities thol iesull from fraud might be inherently rne difficull to delect thon irregulorilies from error. As exploined obove there is on vnovoidoble risk that moteriol misstoternents moy not be detected. even though the oudit hos been plonnecj ond perfomed in accordance with ISAS IUKI. A lurlher description ol our re5ponsibililies Icx the OLKfit ol ihe financial slolement5 is located on Ihe Finonciol Reporting Council's webgle ol wvThi.frc.org.uklaudilorsresponsibdilie5. This description forms part of our Report ol the Independent Avdl(ys. Pogell
Rewl of lh• Independenl Avdllors lo Ihe Mernbe of Everydoy Church Use of our report This report is mode SOty lo the ChLtObIe comF)onl5 member5, 0$ O tK)(ty. in occordonce with Chopler 3 of Part 16 01 the Componies Act 2Q)6. Ovr oudil work h05 been undertoken 50 Ihol we might stole to the chariloble compony's membets those motter5 we are required to 51ote to Ihem in on ouditor5' report ond for no other purpose. lo the I Ilesl exlenl pemitted by l¢Jw. we cfo rK)l occept or 05svme re5pon5ibility to onyone other thon the chariloble c pY and the ch$t0b1e corrpoiy's members os o body. for our oudil worL lor this report. or for the opinion5 hove formed. Arbclrew Skilto ACA Isenior Stotutory Auditorl lor ond on beholf ol Brewers Chorted Acc0vnIlS 8ourne House Queen Street Gomsholl Surrey GU5 9LY Dote.. Poge 12
Evèrydoy Church stalement ol Flnonclal AcMvltles for Ihè Year Endèd 31 December 2023 31.12.23 Tolol fvnds 31.12.22 Tolol funtJs Uryeslricled funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donolions ond legocies 997.825 1.750 999.575 856,278 Chorlloblè ocllvllles Choritoble octivifies 222.742 222.742 195.450 Other Iroding oclivities Investment income other income 27.301 8.799 17.075 27,301 8.799 17.075 26.0 4.301 16.375 Totol 1.273.742 1,750 1.275.492 1,098,984 EXPENDItURE ON Roising funds 5.754 S.754 5.754 Chorilable actl¥lties Choriloble octivities .237.667 39.519 1.277.186 1.174,306 Tolal T243,421 39.519 1.282.940 1,180.060 NET INCOME/{EXPENDITURE) 30.321 (37.769) (7.448) 181.0761 RECONCILIATION OF FUNDS Totol ndS brought fOrard 1.308.299 4.629,326 S.937.625 6.018.701 TOTAL FUNDS CARRIED FORWARD 1.338.620 4.S91.557 5,930.177 5.937.625 The mles forn port of these ffnonciol slalements Page 13
Everyday Church {Reg15tered number 08158557) Balon¢e Shèèt 31 December 2023 31.12.23 Toto fund5 31.12.22 Total funds Unre5trFcted funds Reslricted funds Notes FIXED ASSETS Tongible assets 699.sl I 4,$48.SOI 5.248.012 5.284,587 CURRENT ASSErs OeblcY5 Cash ol bank 15 31,210 709,137 31,210 752,193 39.221 714.849 43,056 740.347 43.056 783,403 754.070 CREDITORS Amounls lolling due wlhin one year 16 (43.235) {43.235) 138,7321 NE[ CURRENT ASSETS 697.112 43.056 740.168 715,338 TOTAL ASSETS LESS CURRENT LIA8ILmES 1.396.423 4.591.557 5,98b.180 5.999.925 CREDITORS Amounts lalthng due aller m¢ye thon one yeu 17 {58.003) (58.0031 162,3001 NEI ASSEtS 1.338.420 4.591.557 5.930.177 5.937,625 FUNDS Llnrestricted funds Restricted funds 18 1,338,620 4,591.557 1.308.299 4,629.326 TOTAL FUNDS 5.930.177 5.937,625 ese finonciol 5totements hove been prepored in OcCd0nce with Ihe provi1)n5 OpiCae lo chorilob componie5 subject to the 5rn componie5 regime. e fina lol 5totements were awoved by the Bo(Yd ol Twstees orKI ovthtsised lor issue on Ms H Denni5-Smith- Trv5tee Ihe noles Icffti port ol Ihe5e fiThJncial slotements Poge 14
Everyday Church Cash Flow Slotemenl lor the Year Ended 31 December 2023 31.12.23 31.12.22 Notes Cosh Ilows from operoljng ac15vllles C05h generoted from operations Interest element ol hire pvrchose or ffnonce ose rentol poyments poid 30.801 157.1781 (2.256) 12.4061 Net cosh provided byllused inl operoting octivities 28,545 159,5841 Cash Il¢)ws from investing octiviNes Interest received 8.799 4.301 Nel cash provided by investing activilies .799 4,301 Change In cosh ond ¢osh eqvivol•nts In Ihe reportlng perlod Cash and cash equivalenls al Ihe beglrtnlng of the reportlng perlod 37.344 I55.2) 714.849 770.132 Cash and cash equlvolenls ol the end ol the reportlng perlod 752.193 714.849 The notes IC pryl of these finonciol Statements Poge 15
Evèryday Chvich Noles to thè Cash Flow Slolemenl lor the Year Ended 31 Oecembèr 2023 RECONCILIATION OF NEf EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.12.23 31.12.22 Net expendifvre lor the reportlng perfod (os per Ihe Stolemenl of Flntsnclol AelhTllles) Adjvstmènts lor= Depreciotion chcxges Interest received Interest element ol hire wrchose ond firnce le05e rentol poymen15 Decreose in debl¢ys Incre05elldecreosel in creditors {7.448) 181.0761 36.575 {8.7991 2.256 8.011 206 36.576 14.3011 2.406 22.947 133.7301 Nel cash provlded byl(used in) operolions 30.801 157.1781 ANAIYSIS OF CHANGES IN NET FUNDS At 1.1.23 Cosh Ilow Al 31.12.23 Cosh ot bonk 714.849 37.344 752.193 714.849 37.344 752,193 Tolol 714.849 37.344 752.193 The notes ICKM pc¥t of Ihese financKI stotements Poge 16
Everydoy Church Not•s to Ihe Finoncitil Stotemènts lor the Year Ended 31 December 2023 ACCOUNTING POLICIES Basls of preparlng the Ilnonclol slalements e linoncial slotements ol Ihe choriloble corywny. which 15 0 public benefit enlity under FRS 102. hove been prepared in occordonce wth Ihe Chorilies SORP IFRS 1021 'Accounling ond Repcyting by Chorities.. 5tolement ol Recommended Proctice opplic0b lo chorities preK>oring Ihwr occount5 in occordance th the Finonciol Reporting Stondord opplicoble in the UK Republic of Ireland IFRS 1021 lellective I Jonuory 20191.. FIrnCl01 Reportng Stondord 102 'The Financial Reportiro Stondoid opplicable in the UK and Republic of Ireland, ond the Componies Ac1 2tX)6. The finonciol stotement5 hove been prepored under the hisloricol cost convention. as mtsyified by Ihe revokJotion of certoin Ossets. Ihe occounls are Fxesenled in FX)unds sterfiTh31£1. Incom• Volvnlory Income Donolions vn¢Jer gift old, togeth wilh the ossocbjled income lox recovwy. are reCOlSed when Iheie is evidence of enlillement to the gitt its omounl C¢ be meosured re1y. Legocies Legocies ore recowised when it is proboEYe thol they be received. Expendilure General Expendilvre Expenditure fiobililies cxe recognised when there is o legd or constructive otjigotion committing the chorily to the expenditure ond Ihot it 15 proboble that he SetIrnent moy be requwed Ihe omount con be meosured with reasonable accuracy. Mi55ionory ond choriloble giving Donotions ole occourlted fu when ptxl over. or when oworded. if Ihol ¢Jward creole5 0 bindirrtJ obligation on the church. stoff costs These costs ore allocated belween'Activities dectW lelIng lo the wort ol ttie clMJrch' ancJ'Supp(xl Costs. on Ihe bosis ol the principol oreos ol work ol the staff. Time spenl by v(Aunteers vtho assist in helping Ihe church deliver it5 misyon ha5 not been included in the OCCOLnts. RedvrKloncy poyments ore mode at least in line with 5totvtory requirements. Operating leoses Leoses wheie 5ubstonliolW oll the risks ond rewords rernoin wlh Ihe owner ore c1055ified 0$ operoting leases. Receipts ond poymenls mode undef operoting leoses ore reco97ised in Ihe 5totement of Finonciol Activities on o strol1 line bosis ovei the period of the leose. Church buildings Following consvltotion5 between the Chority Commission. the @ders ond the LorKJon 8optist Property 8oord riBPB"I 0 scheme w05 ogreed feqviring the estoblishment of 0 5eporole trust to ld the properties. The church member5 oppointing 2 Tnjstees. The Leod Post is ex officio. LBPB oppointing one Trustee. The Scheme provides certoin limitecl rights to the LBPB. otherwise Ihe church hos unleltered use ol the building. Con5equenlly. the property is included in the occounts subject lo o reslrrted fund which represents the limited influence of Ihe LBP8. Properties locoled in SoLrthliekls ond Kingston cxe held by the LBPB 05 CUSto(fion Iruslees for Everydoy Church. Consequently. ol biAldings e held in Feslricled knd5. The Trustees hove elected for church bvildings olre¢xly held ot l Jonuory 5 to adopt as their deemed cost previous vduotiorns in occordonce wth the Iransitionol Fyovisions ovoiloble under FRS 102. Depreciolion ol fixed assets is cajculoled lo write off the¥ cosl over their eslirnoled Usel lives os follows.. Poge 17 continued...
Everyday Church Nolès to Ihe Flnonclal Stotements - contlnved f*y Ihe YeoT Ended 31 Decembèr 2023 ACCOUNTING POLICIES - cortllnued Church bulldlngs Freehold bvildings Furnilure ond EqLMpmenl PA Syslem Boiler 1% stroight line 25% slroight line 33.3% stroight kne IO% Slroighl Ine Additions are copilallsed il their cosl exceeds £5.C(. Taxotlon cliority is exempt trom corporoli¢Jn lox on its choi10b oclivilies. VAT e chority is exempt or iero roled for VAT Fxjrposes and does not chorge VAT on ¢Jiy income. Consequently. no VAT con be reclaimed on costs and the VAT is odded lo the occounls. Fund accovnting Unre511icled fvnd5 Unreslricled lund5 ore Spent (Y opolied ot Ihe (ftscreli of trvstees to fwther ony of ttie chority's purp05e5. De5ignoted funds Dessgnoted funds remoin port ol the vnreslricted lund5 of the chority. The de5igr)olion hos on odmini51rolive plxpose On ond does not legolty ie5trict the truslees. discietion fft how to opply the unreslricled funds that they hove designoted. Reslricled funds Reslricled lunds are generally a iesull ol ¢Jn oppeal Ivnds lor o specrfic PLKpose. When moking the gift, the specific vse is ¢eclored by the donor. Al costs opplied 0gn$t the luThY ore in occordance with Ihal specific purpose. PenOn cosls ond other post-reltrement bèneffts The choritoble compony operotes o defined contribvtion pension scheme. contribuh.orns poyoble to the choritoble Comp5 pension scheme ore chorged to the 5totement of fin¢101 Aclivities in the period lo ich they rebte. C<)ncesslonary loons Included within credilors ore conceswonary loans from Philpotl arKI Ihe Rowtett Tru51 lor the refurbi5trwnent of the Kingston venue. The term5 of iepoymenl (Ye 05 per Nole 17. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESIIMATION UNCERTAINTY Ihe most gnIfICant oreos ofjudgemenls thjl affect items in the accounts cKe detailed above. Page 18 continued...
Everyday Chuich Nolès lo the F5nonclal Stolemènts . conlknued for Ihe Yeoi Ended 37 December 2023 DONATIONS AND LEGACIES 31.12.23 31.12.22 Ollerings ond gifts 838,584 160,991 723.776 132.502 999.575 856.278 OTHER TRADING AcvITIEs 31.12.23 31.12.22 Rental ol church occommdotion 27,301 26.580 INVESTMENT INCOME 31.1223 31.12.22 Interest received 8.799 4.301 INCOME FROM CHARITABLE ACTIVITIES 31.12.23 31.12.22 Aclivity chl10e activities Rentol ol church Fyemises 222.742 195.4X) RAISING FUNDS Roislng donotlons ond legacles 31.1223 31.12.22 Svpport C051s 5.7S4 S.754 CHARITABLE ACTIVITIES COST5 Support costs (see note 91 tAfecl Costs Totols Choritable octivilies 1.185,937 91,249 1.277.186 Page 19 continved...
tverydoy Church Notes to the Flnanclol Statements . conllnued lor the Yeor Ended 31 Dè¢embÈr 2023 SUPPORT COSTS Govemonce costs Finurce other Totals Ra5ing donotion5 and legocie5 Charilable octivilies 5,754 30.821 5,754 91.249 24.195 36.233 24.195 36.575 36.233 97,003 io. NET INCOMEIIEXPENDITURE) Nel Iorne/lexpend1ueJ is slated after chorgrngllcredilingl. 31.12.23 31.12.22 Audito, remunerolion Depreciotion- owned 05sets 16.865 36,575 16.775 36.576 TRUSTEES, REMVNERAIION ANO BENEFITS There were no Iruslees, remuneration or olher benefits for the yeor ended 31 Decen*Jer 2023 nor for the yeai ended 31 Oecember 3r22. Trustees. expenses The were no trustees, expenses p¢id f¢N the ye¢y ended 31 December 2023 rnr for the yeor ended 31 December 2022. 12. STAFF COSTS 31.12.23 31.12.22 Wages and 501arie5 Sociol security costs other pension costs 542.152 54.039 63.393 534.150 48.982 64.959 659.584 648.091 The overage monthly ol empk)yees dwing the yecx wos os follows.. 31.12.23 31.12.22 Ministry Adminislrotion 23 22 The nurnb of employee5 whose enwoyee benefils lexchJding empkpyer pension coslsl exceeded £60.(m was.. 31.12.23 31.12.22 £éL),LX)1- £70.(LK) The key management personnel of the chority comyi5e the Trv51ees and the Cenlrol Le%Jder5hip leom. The lotal renxjnerolion ol the key management personnel wos £255.35612)23'. £242.2901. Poge 3) conlinved...
Everydcry Church Notes to Ihe Financkjl Stalements - ¢onlSnued for the Year Ended 31 December 2023 COMPARATIVES FOR THE 5TAIEMEN7 OF FINANCIAL AcvivillES Unrestricted fvnds Re51ricled fvJnds Totol lund5 INCOME AND ENDOWMENTS FROM Donotions ond legocies 824.055 32.223 856.278 charl10b actlvltlès Charitoble actwities I95.4> 195,450 Other trading activities Inveslmenl income Other income 26,5eiJ 4.301 16.375 26.580 4.301 16.375 Totol 1.066.761 32.223 1,098.984 EXPENDITURE ON Roising funds 5.754 5.754 Choriloblè acthvilies Charitable ¢xtivilies 1,092,877 81.429 1,174,306 Tolal 1.098.631 81,429 1.1 PA).060 NET INCOME/{EXPENDITURE) 131,8701 149.2061 181,0761 RECONCILIATION OF FUNDS Totol fvnds brought tOOrd 1,340.169 4.678.532 6,018,701 TOTAL FUNDS CARE0 FORWARD 1.3CAg.299 4.629.326 5.937.625 14. TAMGIBLE FIXED ASSEIS Fixtvres ond filliros Freehold property Totols COST Al l January 2023 and 31 December 2023 6.531.663 241.094 4.772,757 DEPRECIATION Al l January 2023 Chorge for ye(N 1.286.872 30.822 201,298 5.753 1.488.170 36,575 Al 31 December 3)23 1.317.694 207.051 1,524.745 NET BOOK VALUE Al 31 December 3)23 5.213.969 34.043 5,248.012 At 31 December 2022 5,244,791 39.796 5,284,587 All tyoperties owned by the Chority cxe inckjded ol either o lorrYK4 or nfomol vduolion as their original cos15 are Lnknown. Poge 21 continued...
Everyday Church Notes to the &non¢lol Slalements - c¢Jntlnued for Ihe Year Ended 31 December 2023 TANGIBLE FIXED ASSETS - contlnued Followng Ihe esloblshmenl of o Chty Commi55ion scheme. inlom)ol voluotion ol the property in Wimbledon130 Queens Rood) indicoted o vahJe of £2.490.CM)) ot 31st December 2(X)8. In 5outhftelds. the Iwo properties owned by the Church were revalued based on o voluolK)n undertoken by Mr Brion Corter MRICS as 01 31st Morch 2C#)9 ond included in the Bolance Sheel ot Mot time ot Voluotion. Trie historical cost ol the Church Monse IS Clonmore Sll w05 £48,C(Q. The Chwch buIdIng in Wimbledon Pcxk Rood wos cons1cted in 1906 ond its historicol cost is nol known. The property owned in Kingston is oko included in the finoncial statement5 at an infomol volvotion. 15. DE8TORS: AMOUNTS FALLING DUE WITHIN OME YEAR 31.12.23 31.12.22 Other debtors Income tox recoveioble Loon - Oo5is Church PreF)oyment5 7,043 19,256 12.393 17.956 4.911 3,872 31.210 39.221 16. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.1223 31.12.22 Other creditors Loon- Rowletl Tnjst Accrued expenses 17.639 4,298 21.398 IS.9 4.297 19,096 43.235 38,732 CREDITORS.. AMOVNTS FALLING DUE AFfER MORE THAN ONE YEAR 31.1223 31.1222 Loan - Rowlell Trust $8.003 62.3 The obove deloiled loan beo(s interest poyab al 3.5% pa. tololling £2.256 12022". £2.4061. Copitol repoymenls commenced in September X)15 wlh the lotal (¥nount due after 5 ye<ys of £40.818 12022.. £45.1141. 18. MOVEMENT IN FUNDS Nel movement in funds Tronsfers behmeen funds At 31.12.23 At l_1.23 Unr•slricled funds Generol lun¢Y De5ignoted 1.144.773 143.526 30.321 143,526 {1 &3,526) 1,338,620 1.308.299 30.321 1.338.620 ReslrScled funds Restricle4 funds 4.621.326 (37.769) 4.591.557 TOTAI FUNDS 5.937.625 (7.448) 5.930,177 Page 22 continued...
Everyday Church Notes to thè Flnanclal Stolements - contlnv•d for the Year Ended 31 December 2023 MOVEMENT IN FUNDS- conllnu•d Net movernent in n5. inclvded in the obove cwe os folbws: Inc¢)ming res0CeS Re50ur¢es experKled Movemenl in lund5 Unrestricled fvnds Generol fvnd 1.273.742 (1.243,421) 30.321 Re5fricled lunds Restricted funds 1.750 139,519) (37.769) TOTAL FUNDS 1.275.492 (7.282.940) (7.448) C¢rnparatlves I movemenl rn lunth Net movement in lunds Al 31.12.22 At 1.1.22 Unreslr5cled funds General fund Designaled 1.176.643 163.526 131.8701 1,144,773 163.526 1.340,169 131.8701 1,308.299 . Restrlcled funds Reslricled lunds 4.678.532 149,2061 4.629,326 TOTAI FUNDS 6.018.701 181.0761 5,937.625 Coworotive nel movemenl in ftjnds. included in the above tre 0$ fojlo Incoming resotKces Resources expended Movement in lund5 Unreslrlcled funds Generol Ivnd 1,006.761 11.098.631) 131,8701 Reslrlcted funds Restricted lunds 32.223 181.4291 149.2061 TOTAL FUNDS 1.098.984 11.180,0) 181,0761 Poge 23 conlinued...
Everyday Church Notes lo Ihe Flnanclgl Slatements - conlk)ved for Ihe Year Ended 31 December 2023 MOVEMENT IN FUNDS - contlnved A cwent yeor 12 months ond lor yecy 12 months comlined position is os follow5.. Nel movement in funds Tron5fe betyveen fund5 Al 31.12.23 Al 1.1.22 Unrestricted lunds Generol fund Designated 1.176.643 163.526 11.5491 163.526 1163.5261 1.338.620 1.340.169 11.5491 1238.620 Restrlcled lunds Restricted funds 4.678.532 186.9751 4.591.557 TOTAL FUNDS 6.018.701 188.5241 5,930,177 A cuffenl year 12 months ond ye<J 12 Mth5 comtmned net movement wi lunds. included in the obove are as follow5.' Incoming resources Resources expendecl Movemenl in funds Unre51rlcted fvnds General fund 240.503 12.342.052) 11,5491 Restrkted funds Re51ricled funds 33.973 1120.9481 186.9751 TOTAL FUNDS 2.374.476 12.463.(XX)I 188.5241 Restrkted FurK15 Bolonce 31112122 56 307 2.499 4.579.323 17.423 8.578 4.271 11.089 5.780 4 629 326 Incomlng resource5 Bolanc• 31112123 56 307 1.671 4,548.501 16,713 8,578 Expendilvre Tronslers al Building Fund bl Other specified gifts cl Everydoy Dilfefence dl Church Building5 el 2017 Speciol Olleiing fl 2018 Speciol Offering gl 2020 specia Oflering h) 2022 Special Oflering il Fomily Fund 18281 13).8221 17C81 14.9P£)I 12.3891 (K)I 7C 8,700 7.030 4 $91557 1.7%) al The Buildin9 Fund represents ftjnds wovided to flnd future bJilding work. bl Other specified gift5 represent wm5 Outhcrrised to be poid n excess of the omovnt5 specified by the dOrr5. cl Everydoy Difference represents funds provided for sociol oclion and MoMe55ness. dl 3) Qveens Rood Wimbledon. 225 Wimbledon Port Rood. SovthfTrekls orKI 46 Union Slreel. Kingston are the buildings V5ed by the church Isee Nole I l. Dowtion receNed w05 to help ieduce the loon lor the lurtrxshmenl works. Po9e 24 continued...
Everyday Church Notes lo the Financlal Slatements - conthnued for th• Yeor Ended 31 December 2023 18. MOVEMENT IN FUNOS - conllnu•d el March 2017 Speciol Offering iepresenls fLdS provided lo enotje the ChLKch lo undertake improvements lo 115 buildings cnd to contribute lo the expenses ol some ol its new venues. fl October 2018 Speciol Offefjng represent5 fund5 txovided lo invesl in the next generation. gl November 20 Special ollering represenl funds for New Ground ond outward giving. h) October 2022 Speciol Offering represents funds WOVKJed to Foith In Action for Ihe Wnler Night Sheller in Wirnbleclon. il Fomli y Fund represents mor¥es held for l(*nAies in need. RELATED PARTY DISCLOSURES Queens Rood Martse Tiusl IQRMTI is rebJted to Ihe chuith. For Iwther details see the Trustees report. Donations lolalling £14.4CM)12022: £10.8751 were rn0 by QRMT to the chwch. Page 25