REGISTERED COMPANY NUMBER: 08158557 {England ond Wales) REGISTERED CHARITY NUMBER: 1150359 Report ol the Trustees and Flnanclal Stotemenls for the Yeor Ended 31 December 2024 lor Everyday Church Brp.wers Chartered Acr.ounlonls Unll 3 Birlley Courtyard Bramley Suffey GU5 OLA
Everyday Church Conlenls of the Flnonclal Slolemenls for Ihe Year Ended 31 DocembeT 2024 Puge Reporl ol Ihe Truslees Report ol the Independent Audllors 10 to 12 Slalemenl ol Flnanclal Acllvilles Balance Sheel Cash Flow Slalemenl 15 Noles to the Cash Flow Slolemonl Notes to Ihe Flnanclal Slotemenl$ 17 10 21
Everyday Church Report ol the Trusleés lor the Year Ended 31 December 2024 Ihe Iruslees who ore also directors ol the chorily lor the purposes of the Companles Acl 2006, present their report wilh the financiol slolemonls ol tho chaiily lor the year ended 31 December 2024. Tl)e Iruslees have adopted IFi&' provisions ol Accounting and Reporting by Chorilies.. Slolemenl of Recommended Proclice applicable lo c.horilies preparing their accounls in accordance with tho Financial Reporting Slondord applicoble in the UK und Republic ol Irelarid IFRS 1021 lelfeclive l Jonuary 20191. Name and address The charity Is called Evoryday Church (Chorily Commission Regislralion Nurriber 11503591. The oddress ond principal ollice ol Ihe charity is 30 Que.ens Rood, London, SWI 9 LILR. Evoryday Lhurc.h is o charitable company limited by guaranlp.e Icompany Regi51rafion Numbcr 081J85571. The websile 1% www.gveryday.orq.uk OBJECTIVES AND ACTIVITIES Object5 The objects of Ihe Chorlly as sloled in Ihe Articles ol Associotion are: 111 lo advarice the Chrisllan lailh in Greoler London ond in such other parts ol Ihp Unlled Kingdom or Ihe World os the directors ol the charity may Irom lime lo lime Ihlnk lil lor Ihe benelil ol the public. 121 The prevenllon or rplip.l ol poverty or hord5hip in Greoler London ond in such other parts ol the United Klngdom or Ihe Wot1d os the Iruslee£ ol the churity may Irorri lime lo liine think lil by providing gron15, Items and sorvices lo Indivlduals in nced andlor charilies or Dlher tsrganisalions working lo provenl or reliove FX)verty. Governmént and Leadershlp The church Is Ip.d by a team ol p.Iders. and a seporale body ol Iruslees. Truslees seNing are.. Mr Clive Gordon Cooke Mrs Helen Dcnn15-Smilh Mr Ben GS1sOn M5 Noline N4alemera Company Secr£>lary'. Mr Peter Wood The elders and Iru51ees work closely together, and overall responsibillly for Ihe day lo day operolion5 15 deleouled lo Mr SSmori Ellioll11.ead l)aslorl who allends Iru51e.p, meetings. The spiritual ovorsighl. governmont and leodershlp ol the church remains wilh th8 elders. who overse8 oll areas ol minislry within the church. Eldp.rship dp.cisions are mado by consensu5. The Lead Pastor is r6sponsible lor selling the overall vision and slrategy lor the year. He does Ihis iri Lonsullolion wilh the wider Eldership l@am ond the trustees. Wilhir) Ihese poramelers, the variou5 slall and volunleer ministry leaders are encourag8d lo develop Iheir own goals ond slralegy lor Ihe yeor. Al stall and volunteer leoders are encouroged lo build, and work, wilhln a leom. The contribution ol staff and volunteer5 15 vitol lo Ihe Success of the charlty in lullilling Its obleclives. The Iruslees ore responsible lor Ihe proper monagemenl ond odminislrolion ol tho asse15 and income ol Ihe chorily in lurlhering ils charitoble objecllves. Trustee mollers are decided by majority decision. The Conslilulion P8rm115 the payrnenl ol Ihe Lead Paslor os on employee ol the charily. In consultation wlh oll key budgel holders and olher slokoholders, the finance leam working within a linance working group chaired by a Iruslee prodiice o drafl budgel lor the year lo implement the Charily's slrolegy. 'Ihis budget is then presented lor discussion by Ihe Eldersliip learri ond Iruslees. The Iruslees ultimately opprc)ve the budgel. Progress during the year is monitored by way of quorterly manogement accounts txesentcd to the trustees. Truslecs orL-I required to meet ol leosl Iwice a yeor. arid all decisions are minuled. Arrongp.menls lor selling remuncration are agropd by the Iruslees ot Ihe budqol meeling. Current perlormancelgi.owlh and exlernal economic laclors are oll taken inlo account. Truslees sel Ihe rpmuneralion lor Simon Illioll. Page I
Everyday Church Report ol the Trustees for the Year Ended 31 December 2024 OBJECTIVES AND ACTIVITIES Publlc benefll The Iiuslees have had regoFd to the Chority Commission's guidonce on public benefll. Conlrlbulion of volunteers Timo Eperit by volLinleers who 05SIs1 in helping the church dcliver ifs mission ha5 not been inclvdod in the accounls. Page 2
Everyday Church Report ol the Truslees for Ihe Year Ended 31 December 2024 ACHIEVEMENT AND PERFORMANCE Sundoy Seivlces ocros5 the Everyday Church Venues Croydon In ?.0?4 our C.roydon Venue continued lo meol three Sundays a month. Thoy meet twice a month loi a lirne ol svng worship, bible leaching ond proyer ministry. These mornings now include specific kids. aclivilies lor 4 to I I years old ond are supporled by dedic.alp.t.I spacp lor pre-schoolers. Once o month tho Venue golhors a leom lo pray on Ihe slreels of Croydon, ollering prayer ond encoui(J(Jemenl lo anyone who would like lo stop and chol. The toam on the streets ore supported by o team of inlercessors and both the prayer leom and thc inlercossion learn arc oncouragcd lo seek God lor specific prophdlic words ul encoura(Jemenl lor those beir)g proyed lor. Througli 2024 well over o 100 people have been prayed for ond encouroge.d by Ihe team ond %ome ol these peoplo have joined the church. In the final months of 2024, we were encouraged lo submit a bld to fake on a community spoce in Croydon. Croydoii Louncil are looklng lo lease out a number ol library spaces lo community organisalions who would ulili5e the space ot a cost neLilrol capac.ily for Ihe cnuncll whilst providing o Icvcl of community use. 11 the bid is successlul, Ihe building would provide a permanent home lor Ihe Croydon Venue and would enable increused commuiiily involvomenl as well as some ecumenlcal opporlunilles around social action projects currently run by olhor churches. Klngslon Throughout 2024 we continued our gradual increase ol acllvlly In our Kingston Venue. The Kingslon Llle Group continuos to meet weekly wlth paslorol cover from Ilie WimkJl¥dori leodersl)ip team und Irom the Lead Elder. Iii Ihi, Aulumn 012024, we re-pslablished moro. regulor Sundoy seNices in Kingslr)n and in 2025 those wlll ber.nme monthly meoliiigs. The Sunday meelings in the Autumn saw an overage alleridarice 0135 people Includlno childr8n and il Is hi)ppd 11)is wlll grow lo 50 people and 31.ile Group5 In 2025. The Kingslon buildlng conliiiued lo yiovide excelleril Space I'or social oclion projects, community hires and a home lor the Chinese churc.h in London to rijn Cantoncse and Mandarln services over each wookcnd. Onllne In 2024 Everyday Onllne continued lo provide Services on Ihe liour every hour Ihroijghaiil the whole year. As wcll al Ihesp linio-labled %ervices Ilie wcekly servSce is avoiloble throuoh a catch-up locllily Irum first thing evely Monday. Bosed ori research conduLled Ihro(Jghout 2024 and as part ol a revipw ol availablp. re.%ource 11 wos decided thol wp would slop rp.ferring lo our Onlino Scrvicos as o Venuo from th8 boginnlng 012025. Thls was o recognition ol whol was ocluolly boing provided as well os lucusiiig our resources on the broader area ol digital mission. The Online sotvice will continiJe lo olle,r a worshlp ond disciplcship sclling lor hundrcds of regular allDndeos who cannol ollend a physical service bacavse ol Iheir seoson ol lile or qeographlcal selling. Spoc.e will bo made in every Service lor people lo mnke o c.ommilmp.nl In follow Jesus and lollow up material will be providcd lor all Ihoso who request 51 as porl ol thelr commitment. Our digilal services will continue lo L+ricourage, equip ond empower new and molure Chrislions around Ihp. glnbe ond leoching moterial is modp. available to over 80 leoder5 who are, leading Ihcir own missional works. We will olso corilinue lo ilgnpost ppople lo locol Chrlslion communllies where they cor) be bap115ed and become parl ol an ongoing discSpleship communlly, Tlie role ol Qnline Venue Leoder has been re-slioped to Ihat ol Head ol Communicolion and encompasSOS the ongoing digital mission ol the church together with Ihe co-ordination of comms across the whole ol Everyday Church. Soulhllelds The Soulhlields Venue continues lo meet ori Sijndays and build community strength through il's Life Group5. Key developments in 2024 were Ih@ incrp.asing link% with the local secondary school Sl Ce.cilia's. This engagement included vls115 lo the building Irom M¢)ole yeur groups as port ol Ihe syllabus to invesligote Ihe enlral beliels of the Christian faith. The Venue Leoder works c.losely with the Lhoplainc.y team in the school to run (Jn allei'_school youlh club in the church building on o weekly bosls and this has 16id to a youlli Aphcj. Communily engagerrienl hu5 olso been developed in 2024 wilh the slart ol o parent ond child group (Acornsl on a Thursday morning. Page 3
Everyday Church Report ol the Trustees lor Ihe Year Ended 31 Decembèr 2024 Sullon Ivpryday Church Sullon gother every Sunday ol 10.'30 in Life Groups Ilirouqh the week. Building work ol the school where the Sutton Vonue meet croated much be*tei" access lor Ihase wilh addilional physical needs. This was a clpar answer to prayer. In 2024 the Vcnue Leaders oxpressed Ih¥ir desire lo relire from Venue leodership some lime in 2026. Tkii5 mecsns Ihol Ihrough 2025 the Lead Ilder will be working wilh Ihe Venue Leadeiship Team and the widpr Ip.odership of Everyday Church to agre.e the way forword lor the Sullon Vonue,. Wlmbledon Iveryday Lhurch Wimbledon meets every Sunday at 10.'30am and 6pm. wilh Ikie ollier Venues they also tMÈel In Lite Groups Ihrouqhoul the week. The 6pm service. was relounched in Seplemher 2024, movinq from the main audilorium Intn a smoller spac.e which bcller filled Ihc slze ol the congregalion. Thls move has led lo a much beller feel lo the service with rnore engagement. The smallor selling has also enablRd le.adership developmeiil and released new leaders. All Venues Al the Evoryday Church Venues follow the some leaching progromme lor their Sunday seroices. In 2024 Ihoy looked at Ihe lollowing se.rles'. January- July .' I Corlnlhians Augusl - Jonah Seplember- Novamber.. A City on a Hill.. Developing and Klngdom Mission mindset Advent- Sludying the Advent Ihomei ol Hope, Peace, Joy and Love The Advent serles wos occompanicd by a 25 day devolional serics Ihol was avalloble In video and podcast lornial Iroiri 6'.00am eo¢li morriirig from Ilie 1st - 2Jlh Doc@mber. These common 4erles are inl8rspersed with Venue Specific S(Jndoys to allow Venue Leadershlp le.am% lo bring leuLhlncJ specific lo Ihelr Venue context. Llle Groups Mld-week Llle Groups continue lo be a vital porl ol Everydoy ChiJrch. In a growing church in o city Ilke London, il is impossible l()r anyDno lo know everyone, bul il Is vllal Ihol evoryone Is known by someone. Life Group5 provido the conloxl lor Ihls lo huk)pon ii) proLlicG. Life Groups ure Ihe building block ol church life and creul(> spaco lor accounlabilily, prayer, biblp 51iJdy and posloral care. Llle Groups or@ also encouraged lo look beyond Ihem5elve.s ai)d reoch oul lo the communlly oround them. Life Groups ore supported through Ihe provision ol study molerial. the input ol more seniw Ip.oders ond rogular troinlno opporlunilig.s. In 2025 and beyond the Icadorship ore kee.n lo pres5 into the value ol comiriuriily. Helping oll Life Groups to Ihlnk ol themselves as missional und pastoral communities. Alpha Aipha is slill a key parl ol Everyday Church8s commilmenl lo Ihe gospel ol salvolion.lt w05 decided nol lo run pho in 2024, bul the City on a Hill series built lo on Alpha course storting in January 2025. This was accompanied by the Youlh Alpha course running in our Southlields Venue Baptl$m$ We boplised 17 people, during'2024. Church Famlly Fund We conlinue lo operale the Church Family Fund crealed in 2020. This makes availoble gronts ol up lo £500 for churcli rnembers or Ihose closely corinecled wilh th?. church lo receive practical and lirioncial support. In ?.024 these gifls tended lo be oive.n lo help miligole the c051-01-living increases. Specillc gilt.% were olso given lor those imp(Jcled by lomily bi'eokdown. immigration issues and those slruggling wllh levels ol addiction. In many cases Ihese gills weie port ol a package ol cole which included referral lo other agencies ond CAP monoy ond or Life Skills courses. Page 4
Everydoy ChLtrch Report ol the Trustees for Ihe Year Ended 31 December 2024 Chlldren and Teenagers The next oeneralion continue lo be o PTioiily lor Eve.ryday Church. OLJr childrpn and young people represent our lirsl sphere ol missionol aclivity. A5 part of our City on a Hill series we spenl o session ol leacliing. togelher wlth follow up in Lile Group5, on how wo reach the nexl generation. On Sundays the tee.nage Life Group, fjeeper, nDw colers lor leen(Jge.rs ocross oll our Venues. This work hos been addilionally resourced in 20?.4 with Ihp appolnlmpnl ol 0 51all youth leader in the Wimbledon Vonue. This oppoinlinenl, logclher with o commilled voluiileer leom, has lead Iu 5igiiiliconl growlh bolh on Sundays and at the twice monthly friday night aclivily - Night Life. We have not only spo.n an incre.(Jse in numbers, bul we have olso Epen an incroase in teenage engagement in church lire. Thls includes leenogers inviting friends lo come lo events, teenaqers serving in other areas of church life. and Ihe. 810rt of a youth wh1 bond. l our venues run a16vel ol pre-school and children'5 work on a Sunday. As parl ol our Week. ol Prayer in 2024 w8 hosted specilic prayer meelinq5 lor porenls, carers ond chSldren and youlh prolessionals. These proyer evenings focused on praylng lor workers as well as lor young people lo encounlei" God lor themselves. Soclal Actlon (UK) Everydaychurch continued to serrfe the poor and marginalised In our communlly. We collecled food lor local Food Banks Ihrouohoul Ihe year, ron Chrisllans Agoiiisl Puverly money courses loi. those in debl and parlicipaled in Operolloii Christmas Chlld. lillirig shoeboxe% with gllls lor chlldrpn in poverty across the world. Wp also modp, gills lo chariliea Ihol work amongst th6 poor, includlng lo local Food Banks and Conimunily AclSon Irus15. We olso played our porl in o local liomele55 inilialive. ond help other c.hurche% op.ross Merton providp. ov•.rnighl occommodolion Ihrough Novembcr, Docember ond into Jonuory. The Kingston building was usod Ihrouohoul the ye(Jr lor Foodbunk us well 0$ providing 8poce lor o number of organisalions se.eking lo alleviole poverly in Ihp. area. We olso wnrkpd alongside KCAH to provide a nighl sheller lor slreel sleepers in Ihe Klngslon Borough. Soclol A¢llon (Global) OvFJr 100 member5 01 Everyday Church conllnu8d lo sponsor children Ihrouqh the charily Comp055iori. Connecting us as u cliurch with u specific comimunSly in Africa. Everydoy Chiirch al%0 ronllnued lo provlde ongoing supparl lo l.ove and C:ompassion In Ac11on ILCAI, which engage In soclal oclion and church planting in Indio, We are a parlrier church with Ilie Lharily Jubilee Plus whlch wnrks across mulliplo churches ond churc.h iiolworks lo holp equip and empower loc.al cliurches lo core lor the poor in thoir locolily. Our ongoing porlnorship ond supporl ol New Ground enables the p1anling ol churches in the UK and around the world wilh a key value ol caring lor Ilie poor in their locolily. Lèader$hlp Growth We conlinue lo work hord ol bullding a 51rong leom culture acr055 Everyday Church. All slafl ore ollered a wellbeing InloNlew wilh an external HR consultant. Th6 slalf leom meol weekly lor lunch and bi-weekly lor troining ond team building. Thrnugh 2021 regular events were planned that gathered all stall, Elders and Tru51ee5 Iiorn across the whole churctrl. These oclivilips locus on building relollon5hips across teams as parl ol OLir desire la hove an increo8ing non-liieroichical stall slrLJclure. Leaders from New Ground arc included In these acllvilie5 wherever possible lo creale onqoing relolionship wilh Ihe wider church family ol which we are a port. Individual Venues continue to work hard ul broodening urid diversifying their leodership teams. As part of Ihi.% l?,am developmenl additional olders were oppointpd in Everyday Soulhfields, From September 2024 we Lonlinued lo have 14 volunteer leaders on the New Ground Academy, a Iwo-year port-lime leadership Iroirling course. In 2024 we saw 4 memb8rs ol slall odded lo Ihe Wimbledon stall team. This Is a huge b&nelit and mÈons that th& Wimbledon VpniJe Leader naw has a lull slall leam lor the first lime since COVID. These wpre some of the highlights 012024 lor Everydoy Church, as we continued to meet our charitable aims. Poge 5
Everyday Church Report ol the Trustees for the Year Ended 31 December 2024 ACHIEVEMENT AND PERFORMANCE Looklng forwurd As we look forward lo 2025 our core vision remoins the some. We are called to equip every bellcver wlhin Everydoy Church lo recognise their corc idenlily os Image bearers ond Kingdom bringers. Thi5 core vision 15 wnrked oul in poch Venue by leadership teams developing slrotegic plan5 oround the live key Ihernps %laled in ?023'. -Developing an increa%ingly mis5i0nal c.iJllure .PrIOlIsig Ihc next generolion -See.kiiig lo serve tho poor ond lighl lor justice -D8veloping an inclusive culture Ihol e.ngages in the gender debate biblicolly and lovingly -Developing o diverse churc.h whicl) is sliaped L)y oll, nol just welcome lo all Cenlral leadership oim51o equip Venue5 Ihrough relevan* leoching and Iraining 05 we.11 os providing excellent supporl slriictures arid proc.esses overseen by the Leod Elder in porlnership with a cenlrol Operaliong ond Buildings Icam and the leam ol Trustees. A polenlial 6th key Iheine would be Ihol ol Leadership Development. In 2025 we iieed lo slarl lo Iliink more slia legically about our leadership development plans. p.%pec.ially with the leadership changes idenlilicd in Sullon In 2026 ond Ihe nccd lo see o Icodcr esloblished lor the ongoing developrrip.nt in Kingston. Leadership deve,lopmenl al all levels musl toke into account oui. deslre lo be an Sncreosingly diverse church. In 2025 key leaching will locus on.. Ilh Foundolions (January- Februoryl God5 bpllpr sloiy on Idonllly, Sex, Gender and Cnmmiinlly (Marchl days Ihat chonge Ilie world Iloslor 5cosonl Mark's Gospel Imoy- July) The bonk ol Riilh IAJgu511 Devol8d: A study on Acts 2.'42-47 Iseplember. lo November) Advenl Sorios Alongside these scries the Lead Elder will olso be loklng a key rYies%aÉ3e on gerierosily around cll Ilie Venues in Januury und February. This message forms port ol o linanc.ial plon preseiiled lo the Truslees ol tho ond ol 2024 whereby Ihp fider%hip loam hope lo bring Ihc church Snlo fresh freedom arourid Ilie issuos ol Ilri(Jnc8s and possessions.11 is Iioped Ihul parl ol 11)e Iruil ol this plan ond leaching will bp an significant increase in giving which will in turn lftod lo brpak everi bvdgels in the year ahood. More Ihan Ihal our hope is Ihol indlvidual growlh In q&neroslly 11 leod lo %lgniflconl surpluses whicli will enable Ihe church lo invest genp.rously in church Planling, leodership developnienl ond social action projocls. Sunimory Dashboard for 2024 January 2023 501 429 65 30 January 2024 525 418 86 January 2025 477 401 82 44 Averoge Sundoy ollendonce Adult membership O-I I's included in Sunday Average Friday night youth optisms in year Aclive Lile Groups Apha guests in yoar Average giving per giving liousehold Number ol giving house.holds 34 NIA £194 281 33 28 £184 276 34 NIA £190 289 Page 6
Everyday Church Report ol Ihe Trustees far thè Year Ended 31 December 2024 FINANCIAL REVIEW Flnanclal resulls Th8 income oiid expenditure ol Ihp. chorily is kjid out In Ihe financial stalemenls on pooes 13 10 24. The charily continues to rely ori tho geriorous support ol Ils merribers. Unreslricted offerings and gifts amounled lo £735.73712023- £836.8361. We consider this level of olle.rings lo bc remarkablc ewdenco ol God'5 grace, and ol Ihe. genp.rosily ol His people in such unprecodented limes. The chorily produced on unrestrlcled10ss of £51,73412023'. £30.321 gairil on vnreslricled funds before tronsfers. Thp reslriclcd funds balance is mainly allribulcd to Ihc Church buildings. In 2024, Income was molnly Speclol ollerinqs of %?,960 12023.. £1.7JOI Includiiig qill aid lor oulwaid giving. The balanc.p ol reslricled funds al Ihe end ol the yeor is £4,546,41912028: £4.591.5571. The cliurch deposited %ome ol ils cash resources in deposil accounts with Barclays, Aldermore and Cambridge & Counties Banks. The Iruslees consider the church's list ol regular UK and oversea5 donations on an annijal basis. Reserves Thp. Irijslees alm lo keep an amounl ol least equivolenl lo four monllis, worlh ol unrcslricled expcndllure In reserves lor operallonol nceds. This amounts lo £399,866 12023.. £390,812). The amount ol readily realisable iinreslricled reserves held al 31 sl D&ceiTrber 2024 was f.646.837 1202.3: £697,112). Reodily realisable respN&% comprlse that part ol unrestrfcled regervcs repros8nled by net current assols, STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng document The c.harily was incorpc)roled on 26th .luW 2012. Ihe governing documents ol the chorfly are the Memorandum and Arllclos ol Assoclallon. The govorriing docvrnenls were amonded by a cerli1Scole of incorporation on change ol name dated 41h December ?.012. The r.harily was rp.gislp.red with the Charily Commission on 7th Jariuary 2013. Trvslee$' Appolntmenl and Tralnlng Tlie charity Iruslegs are ulsu diroclors ol the charilablo compony lor the purposes ol Compony Law. Truslees are. appninted in accordancc with Ihc Memorandum ond tICleS of Associalion. Tru51cLs recelve approprlale inducllon training, copip.s ol governirig docurrl.ntS, ur)d rclevunl exlLmol inlormalion on managing a voluntary orooiilsalion inrlLiding CharSly Commisslon publicollons. New Iluslees are oppoinled al the dlscrelion ol the currenl Iruslees and Elder5. Potential Iruslp.p.s are asked lo volunlorily sil in on Irusloo meetings lor a pcriod ol Ilme prior lo Ihelr lormal appointment. Church BLtlldlngs The three churLh bvildlngs are ot 30 Queens Ruod. Wlmblodon, London SW19 8LR (principal 011Scel', 225 Wimblednn Pork Rood, Soulhlield8. l.ondon SWI 8 5RH'. aiid 46 Union Slreel, Kingston, KTI I RP. While Ihc London Baplisl Properly Board ILBPBI acls as Cuslodiori Iruslee loi Soulkilields ond Kingslori, a seporole Irusl involving Fveryday Church and Ihe LBPB hold5 the Wimbledon propp.rty. èverydoy churc.h maintain5, repairs ond improvos all Ihree bulldings, and has Iroe use of these premlses lor worship, mlnistiy, oulreach and the life of the church. The church also owns a house al 5 Clonmore Slreel, Loiidon SWI 8 JEU which is being used as a Manse lo en(Jhlp lh& pns101' ol Everyday Church Soulhlields lo live in the communily servpd by the Church. The London Baptist Properly Boord ILHP81 acts as Cu51odiun Iru51ee lor this property. Llnks Everydoy Chijrch is a member ol the Evangelical Alliance. ond port ol Ihe New Ground (Npwlrontiersl and Baplisl lomilies of church@s. Poge 7
Everyday Church Report of the Truslees lor the Year Ended 31 December 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Connected Charllle5 The Queens Road Mon5e Trusl IQRMTI piovides houslng for the use ol the church and those in minlslry in Ihe church. mainly through shaied equity. The rental Income r8celved by QRMT from one of ils properties was gilled lo Ihe church lo help fund the costs ol youlh work. The church Is re5pon5ible lor the mainlenonce. repoir ond improvcmont ol Ihls properly and enjoy5 the benefits ol ownership. Ail properly partly owned by QRMT is In a good slate ol repair, The Rowlell Trvsl (Charity Number 2354811 exists lo reliev8 poverly omongsl needy m8mbers ol Ihe church and others seeklng support Ihrough the provlslon ol grants towards the costs ol accommodation. heallhcar8 scrvlces and other lacililles. The Irustees of both Irusls are members ol Everyday Church. Rlsk Reglsler and Pollcles Thc Iruslees ar8 responsible lor moniloring and controlling risk and havp assessed Ihe major rlsks lo the charily. A Risk Regisl8r has been completed, and policies pul In Joc8 for Ihe malor risk areas Includlng Saleguardlng, Heollh and Safely, Fire Safely and Dolo Pro16cllon. Church assels are odequotely Insursd through the Boplisl Ir)surance Company. REFERENCE AND ADMINISTRATIVE DETAILS Reglslered Company number 08158557 (Englond and WolGsl Reglslered Charlly number 1150359 Reg151ered olllce 30 Queens Rd Wimblodon SW19 8LR Trustees Ms E Y Chong Iroslgnod 31.12,241 Mr C G Cooke M5 H Dennis-smilh Mr 8 W Gi150n Ms N Molemera lappoinled 24.1,241 Mr L J Palmer Commerclal Manoger Ireslgned I,1,241 Audllors Brewers Charlered Accounlanls Unil 3 Blrlley Courtyard ramley Surrey GU5 OLA Sollcllors Max Wiley & Co 130 Fish Hill Holl. Norfolk, NR25 6HN hllp'.IlmaThvileysollcilors.co.ukl Bale5 Wells & 8railhwaile London LLP l O Queen Slreel Place. London. EC4R I BE hllps.'Ilbaleswells.co.ukl Poge 8
Everyday Church Report of the Trustees lor the Year Ended 31 December 2024 STATEMENT OF TRUSTEES. RESPONSIBILITIES The Iiuslees Iwho are also the director5 01 Everydoy Church for the purpos&s ol company lawl are responsible lor preparing Ihe Report of Ihp Trustees and tho financial slolemen15 in occordance wlh applicoble low and Unlled Klngdom Accounllng Slundord5 Iunlled Kingdom Generally Accepted Accovnling Pracllcel. Company law requlres the trusl88S to prepare linanciol slalemenls IOT each financiol yeor which give a true and loir view of the 51ale ol olfairs of the charilob16 company and of the incoming resource5 and appllcolion ol resourc85, including the Income and 8xpendllur8, ol the chorilable company lor that period. In preparing Ih05e linoricial 51olemenls, Ihe Iruslees ore required lo select suiloble accounling pollcles ond then apply Ihem cons151enlly', observe the melhods and princlples In the CharSly SORP: make judgements and eslSmales that are reosonable and prudenl., prepoie the linanciol slalemenls on the going concern basis unless il is inappropriale lo presume Ihal the charllable company will conllnue In buslness. Th8 trustees are re5ponsiblo lor keeping proper accounling records whlch disclose wilh reosonoble accuracy al any lime Ihe Ilnonclol p0511ion ol Ihe chariloble company and 10 enable them lo ensure that the Ilnanclal slalemen15 comply wilh the Companies Acl 2006. They ale also responslble lor safeguarding Ihe assets of Ihe charilablp company and hencL4 lor taking reasonoble sleps lor the prevenllon ond deleclion of Iraud and olh8r irregulorilies. In so lor as the Iruslees are aware.. Ih8r8 Is no relevonl uudll inlormallon ol whlch the chariloble company's oudllors ar8 unoworo., ond Ihe Iruslees havp laken oll steps that they ought lo have laken lo mak& themselves owure ol any relevant audil information and lo eslabli5h thal Ihe auditors are oware ol Ihol information. AUDITORS The. oudilor5, Brewer5 Charlered Accounlanls, will be proposed lor re-appoinlmenl al the lorlhcomlng Annual Genp.ral Metiling. Approved by order ol th8 board ol Iruslees on . and slgned on Ils behalf by.. Mg H Dennis-smllh - Truslee Poge 9
Report ol the Indppendenl Audllors to the Members ol Everyday Church Oplnlon W& have oudiled Ihp financial statements ol Everyday Church Ilhe 'charilable company'l lor Ihe year ended 31 December 2024 which comprisc the Slotement ol Finoncial Aclivilies. Ihe Balonce Sheel. Ilie Cosh Flow Slatemenl and noles to the liriaricial slotemerils. inclucling o summary ol signilicanl ar.coiJnling policies. The financial reporting framework that has bccn applied in Iheir preparc]lion is applicable law and United Kinqdom Accounting Slandards (United Kingdom Generally Accepted Accounting Practice). In our opinion the linoncial 51atements'. give a Iruo and lair view ol Ihe stole of the charitable company's allairs as ol JI Dec.p.mber 2024 ond ol its incoming resoiirces ond opplicalion ol resources. including ilE incom# ond expenditure, lor Ihe ypar Ihen ended; have been properly prepared in accordonco with United Kingdom Generally Accepted ALcounling Proclice,. ond have been prepared in accordance wilh thp reoijiremenls ol the Companies Act 2006. Ba51s lor oplnlon We c.onduclod our audit in occordance wilh Inlernotlonal Slandards on Auditing IUKI IISAS IUKII and appllcoblp. law. Our rosponsibililies under Iliuse slandcjrds ore further described in Ihp, Auditors, responsibilities for the oudil ol the linoncial slalem&nls seclion ol oui. re.por1. We are indep8ndenl ol the chorilabl8 company in accordance wllh the elhical requlremenls Ihal are relevanl to our audit ol the financial slalemenls iii the UK, including the F.RC's Ethical .£landard, ond we havc lullilled our olher elhicol responsibililics in accordonce wilh these requiremenls. We belleve Ihal Ihe ovdil evidence we have obluined is sullicienl ond appi'opriole lo provide a basis lor our opinion. Conclvslons relallng to golng concern In oudiling tho linanrlal statemftnls. we hove concluded Ihol Ihe Iru5tees' use ol the going concern basis ol accounliiig In the preparollon ol the linancial slolemenls is aplxopriale. Basod on the work we have performed, we have not Idanlllied any materlal uncerlolnlies r6101Sng lo events or Lor)dilions Ihol, iridividually or collectively, moy cast sicJnilicanl dt)Iibl on the chariloble company's obllily lo conlinije as a going conciirii lor o poriod ol al loasl Iwolvo months from wlien Ihe liriantiial slolemonls are oulhorised lor issue. Our responslbllilies and the I'esponslbilllic5 01 the Iruslees with respect lo going conceTn aro desc.rlbed in the relevant soclions ol Ihis reporl. Olher Informollon Thp Iruslees oi"0 responsible for Iho other Inlormolion. The other Inlormalion comprises the inlormallon Inr.luded in the Annual Report, other Ihon the Ilnanclol slalemenls ond our Report ol the Independenl Avdilors Ihercon, Our oplnion on the financial slalemenls d085 not c.over the other Information ond, except lo the exlenl olheDA4se explicitly sloled in our report, we do nol express any lorm ol ossurance concluslon Iher60n. In conneclion wilh our audit ol the financial slotem@nls, our responsibility is to read the other information ond, in doing so, consider whelhor Ihe ollier Inlormolion is malLariolly incon5islenl wilh Ihe linonciol slalemenls or our kriowltrdqe oblained in Ihe oudil or olhenvise appear£ lo be molerially mi551aled. If we idenlily such motp.rial inconsislp.ncies or apparent malerlal mlsstalemenls, we are required lo delermine whether Ihis qives ri58 10 o rnalorial Inisslolemenl In Ihe linanciol statements themselves. 11. baspd on Ihc work we have porformed, we conr.IiJde Ihal there is a molcriol mlsslalemonl ol this other Infoimalion, we ore required lo report Ihal facl. We hove nolhing lo reporl in Iliis regard. Oplnlons on other matters prescrlbed by thè Companles Acl 2006 In our opinion, based on Ihe work undertaken in the r.ourse. ol the audit.. the inlormalion given in the Report of the Trustees lor tho linanclol yeoi lor which the financial slalements ore prepor6d is consislenl with Ihp financial slolemenls.. and the. R&.port ol the. Truslees has been prepared in accordance wilh opplicable legal requirements, Poge 10
Report of Ihe Independent Audllors to the Membeis of Everyday Church Mutters on whlch we ore requlred fo report by excepllon In Ihe light of the knowledge and understanding ol Ihe charilable company ond ils onviionnienl obtained in the course ol ihe audit, we have riol id?,nlilied material misstolemerils in the Repoil ol the Truslees. Wo have nothlng to reporl In resp8ct of the following mollers where the Companies Act 2006 requires us to repoil lo you il, in our opinion: odequale acLounling reLord5 have no1 been kepl or ri,lurn5 adequole lor our audit have not been receiv6'd Irom brariches not visited by u%,. or the linanr.iol sloleme,nls are riol In ogreemonl with the accounting records and returns,. or cerloin disc105ures of trvstees, reniurierolion specified by low ore not made., or we hove not rp,ceived oll Ihp. inlormolion ond explanolion5 we require lor our audit., or Ihe IIu51ees were not enlilled to lake advarTrlaoe ol the small companips exeinplion from the require.menl to prepare o Slralegir. Report or in prpparing the Report of the Tru51ees. Re5ponslbilllles ol trvslees A5 exploined morp ILJlly in Ihe Slalemeiil ol Trustees, Responsibllilies, the Iruslees (who are also Ihe direclors ol Ihe cliarilable company lor Ilio purposes ol cornpony lowl arc responsible lor Ihp. preparation ol the linonciol .%lalemenls and lor bping sali%lip.d Ihol Ihey give a Inie and lair vlew, and lor such in18rnul c.onlrol os Ih Irustces delermlno Is necessary lo enable 11)e preparation ol financial slalemenls Ihal are free from moleriol misslolemenl, whelher due lo fraud or error. In preparing tlie Ilnancial slolemenls, Ihe trustees ore responsible lor a55essing the chorltoble compony's obilily lo c.ontinue as a going concern. discloslng, os opplicable. mallers r8laled lo going concern ond 11sing Ihe oolng Lor)c6rn b051s ol accounling unless the Irust6es eilhor Intend lo liquidate *hp. charilablc company or to cease operolions, or h(Jve no rcalislic allernalivo but to do so. Page 11
Report ol ihe Independenl Audllors lo Ihe Members of Everyday Church Our responslbllllies lor the audll ot the Ilnanclal slalemenls Our objoclivps are lo obtain rLasonable ossurancL about whLthei Ihe linanciol slatemenls as a whale are free Irom malerial misslalemenl. whether due lo Iioud or error. and lo issuo a Report ol Ihe Independent Avdilors Ihol includes our opinion. Pkpa£onoblo assurance is o high level ol assurance, bul is not a guaranlee that an audit c.onducted In accordanco with Is IUKI will always delect o moleriol misstalpment when il exist5. Misslolerncnls can arise from Iroud or error and ore considered molerial il. individuo11y or in Ihe aggregate, IFiey could reasonobly be expecled to inlluenLL' Ihc ecorivmic decisions ol users laken on the bosis ol Ihese financial stolements. The extent to which our proLodures are capablo ol delecling irregulaiilies. including fraud is de,lai1ed below.. Boscd on our discussions wilh tho chorily'5 manaqLmenl and Ihe Trustees, we identified thal Iho following lows ond regulotions are significant lo the p.nlily'. Those laws ond regulolions consldered lo liave a direct eflecl on the linanciol stalcmenls includo UK linonciol reporling standards ond Lharily Law. Those laws and rp.gulolions lor which non-compllance moy be fundamenlol to the operolinq aspecls ol Ihe chorily ond Ihcroloro moy hav8 a moleriol ellecl on the financial slolemenls include compliance vth the cl)ariloblo objectives. public benelil, safeguarding and heallh and solely Icgislollon. Thes6 mallers were discu5scd omorigsl Ihc engagomenl team ol Ihe planning sloge ond the leom remoined alert lo non-cc)mplionLe throughout Ilie audit. Audll procedures undertoken in response lo the potential risks relaling lo irr6oularilles Iwhlch Include fraud and non-coinplianc.p wilh laws and regvlalionsl comprisGd ol., inquires ol monag8menl and Ilie Tru51ees os lo whplher11)e erilily complies wilh su(:li laws arid regulolioiis., enquiries wilh Ihe some concp.rning ony acluol or ijolenliol litigolion or c.laims.' inspp.clinn ol rplev(Jnl legal correspondoncc.. review ol Trustee mellng miniJle5: losling th8 opproprlolenoss ol journol entries., urid Iho performance ol anolylical review lo idenllly unexpected movemenls in occounl balances which may be indlcalive ol Iraud, No inslanc&'s ol molL'rial non-coinpliance were idenliliod. 14owevpr, 11)p, likp.lihorJd ol dclecling irregularilios, inclijdlng Fraud, 18 limilpd by the inherent dllllcully In de.tacllng Irregularilles, the 8llv.clivenefs ol the entity's controls and Ilie nalure, liminq and Lxxtenl ol Ihe audit procedures perlormpd. Irregularities Ihal resull from fraud might be inherently mare. dillicull lo dolecl Ihan irregulorllics Irum eor. explained oljovo Ihere is ali unavoidablc risk that maleriol mi551alerriunls may iiol be delocled, even though the audil hos bee.n pl(Jnncd and perlorm@d in ac.cordoncc with ISAS IUKI. A lurllier desLI'iplion ol our re5ponsibililies lor the oudS1 ol Ihp linnnclal slolomonls is located on the Financlal Roparling (':ouncil's w8b5ile al www.frc.org.uk/audilorsresponsibililies. Tliis dlsscriplion lorrris porl ol our Report ol the Independent Auditor5. Usè ol our report rhis report is mode 501ely lo the chorilable company's members, as a body, Sn accordance wlth Chap16r 3 of Porl 16 01 the Componios Act 2(J)6. Our audit woik hos bevn undertaken so Ihal we might slate lo the choiilable co poiiy's members those molter4 we ore required to 51ole lo Ihcm in on auditors. report ond lor no other pur se. To Ihe lullcsl p.xlent permilled by low. we do not oLcepl or assume respon%ibilily lo anyone olhei. Ilian th horiloble company and the choritable compony's member5 as a body, lor our audit work, for this report, or Ihe opinion5 wo havo formed. Andrew Skillon ACA1Seniar Slalulory Audilorl loi ond 011 behall ol Brewers Chartered Accountonls Unil 3 Biillpy Courtyard Bramlev Suirey GU5 OLA Dale.. Poge 12
Everyday Church Slalemenl ol Flnoncial Acllvltles for the Year Ended 31 December 2024 2024 Total unds 2023 'lotal funds Unreslricled funds Restricted funds Noles INCOME AND ENDOWMENTS FROM Donations and legoclos 882,452 2,960 885,412 999,575 Chailtable acllvllles Chorilablo acllvities 225.563 225.563 222,742 Olhor trading aclivlliss Inveslment inc.ome Olho.r inc.omo 16,960 10,634 12,256 16,960 10.634 12,256 27,301 8.799 17,075 Total 1.147,865 2,960 1,150,825 1,275,492 EXPENDITURE ON RoisSng funds 5,754 Charllable acllvllles Charitable activities 1,199,599 48,098 1,247,497 1,277,186 Tolal 1,199.599 48.098 1,247,697 1.282,940 NET INCOME/IEXPENDITURE} (51,734) (45,138) (96,872) 17,4481 RECONCILIATION OF FUNDS Total lunds broughl lorward 1,338,620 4,591,557 5,930,177 S.937.625 TOTAL FUNDS CARRIED FORWARD 1,286,886 4,546,419 5,833,305 5,930,177 The noles lorm parl ol these financial slolemenls Poge13
Everyday Church Balance Sheet 31 December 2024 2024 Totol lunds 2023 Total funds Unreslricled funds Reslricled funds Notes FIXED ASSETS Tongible ossels 14 693.756 4,517.680 5.211,436 5,248,012 CURRENI ASSETS Deblors Cosh at bank 21,187 667,182 21,187 695.921 31,210 752,193 28,739 688,369 28.739 717,108 783,403 CREDITORS Amounts lolling due within one year (41,532) (41.532) 143,2351 NET CURRENT ASSETS 646,837 28,739 675,576 740.168 TOT AL ASSETS LESS CU RRENT LIABILITIES ,340,593 4,546,419 5,887,012 5,988,180 CREDITORS Ivnovnts lalllng due oller more than one vear 17 {53.707) (53,7071 158,CQ31 NET ASSETS 1,286,880 4.546,419 5,833,305 .5,930,177 FUNDS Unrt)slriclL.d lunds RpElrir.Ipd lun(Js 18 1,28&.886 4,546,419 1,338,620 TOTAL FUNDS 5,833,305 5,930,177 Tliese linoncial slolcmo.nls have bcen prepared in accordonce wilh the provisions applicable lo charitable r,onipaiiies Subject lo Ihe small componies regime. Th lir oncial slaleme Ils were upproved by 11)e Board ol Trustees and oulhorised lor issue on aiid were signod oli ils behalf by: Ms H Dennis-smilh - Trustee Thp. notes form parl ol lhe.se linanciol sloleinenls Pago 14
Everyday Church Cash Flow Statement for Ihe Year Ended 31 December 2024 2024 2023 Noles Cosh flows from operallng actlvltles Cash gLinerale.d Irum operolions InlerpEI elem&nl ol hire purchase or linance 1p.ase renlol paymeri15 paid (64,801) 30,801 (2,105) 12,2561 Ne.1 cosh (used inl/provided by operallng aclivih'es (66.906) 28,545 Cash flows from Invesllng acllvllles Interest receivpd 10,634 8,799 Nel cash provided by invosling oclivilies 10,634 8.799 Change In cash and cash equlvalenls In Ihe reportlng perlod Cash ond cash equlvalenls al the beglnnlng ol the reportlng perlod (56,272) 37,344 752,7 93 714,849 Cash and cash •qulvalenls at Ihe end ol Ihe reportlng perlod 695,921 752.193 The notes form part of Ihese financial slotemenls Page 15
Everyday Church Noles to the Cash Flow Slafemenl lor the Year Ended 31 December 2024 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Nel expendllure fol the reportlng perlod (as per Ihe Slalement of Flnanclol Acllvllles) AdJuslments for: DppreLialiori char<Jes Inleresl rec.pived Int&resl elemenl of hire purchase and finance lease rental payments Decreose in debtors IDccreasel/incro,ose in cT6'dilors (96,872) 17,4481 36,576 (10,634) 2,105 10.023 (5,9991 36.575 18,7991 2.2.56 8,011 206 Net cash (used In)/provlded by operallons {64,8011 30,801 ANALYSIS OF CHANGES IN NET FUNDS Al 1.1.24 Lash flow At31,12,24 Nel cash Cosh ot bank 752,193 {5&,272) 695,921 752,193 (56.272) 195,927 Total 752,193 {56.2721 695,921 The notes form port of these linonciol slolemenls Page16
Everyday Church Notes lo Ihe Flnanclal Slalemenls for the Year Ended 31 December 2024 ACCOUNTING POLICIES Basls of preparlng Ihe Ilnanclal statements The linoncial stafemon15 01 the chaiilable company, which 15 a public boriefil enlily under FRS 102, Iiove been yrepuied in uccordance with the Charilies SORP IfRS 1021 'Acc.ounling ond Reporting by Charities.. Slolomcnl ol Recommendcd Froclice applicable lo chorilies prepuring their OLLounls in accordance wilh Ihe FinanLioI Reporlinq Slondard applicoble in the UK ond Republic ol Ire.IcJnd IFRS 1021 lelleclive l January 201 Yl,, Financial Reporling Slondord 102 'The Finonciul Reporling Stondard applicable in the UK and Republic ol Ireland. and Ihe Companies Act 2006. Tho linoncial slolempnls kiove been prepared under the historical c05* convp.nlion, a5 modified by the revolualion of cerloin assel5. The ac.coiinls ol'e presented in pound5 sl8rling (£1. Income Voluntary Incom? Donolions undpi. gill old, together with Ihp nssocioled income lox recovery, are recognised when there is evidoncc ol enlillement lo tho glfl and ils amount can be m&asured reliably. Legacigs Lp.gacies ore recognised when il is proboble Ihol they will be received. Expend51ure Generol Expendilure kxpendilurp. liobililics orc roe.ognised whcjn Ihero is a legal or Lonslru(.'live obligolion commilling the charity lo Ihe &xpp.ndilure and Ihol il is proboble that lh6 setlleimenl moy be I'equircd and Iho omount can be mecjsui'ed wilh re.asonoblp occurocv. Mi551onary (Jnd chorilablp giving Donolions ore acc.ounted for when paid over, or when awarded. 11 that award crp.ate,s a biiiding obligolion on the cliurch. Stall cosls These costs arc allocated bolween 'Aclivilles diroclly reloling lu Ihe work ol Ihc church, and '8upport C.osls' or) Ihc bosis 011he principal areas ol work ol Ihc 51011. TIMQ spp.nl by volunteers who ossisl in hplping the, church dellver ils mission has not been InclLided In the occounls. Redundan(-y poyment8 are made al leosl In Iln13 wilh slululory requirements. Operallng leoses Leases wliere sub51anlially oll Ihp. risk% ond rewards remain with the owner ore classified as operallng Ipases. Reccipls and poymcnls mode under operaling leoses are recognised in Ihe Slolemenl ol Finuricial Activities on a slraiglil line bosis over the period ol the leose. Church bulldlngs Follomqng consullalions belween the Charity Commission. Ihe Elders ond the London Baplisl Properly 8oord l LBPB") a scheine was agreed I'equiring the eslablishmenl ol a s@parafe Irusl lo hold the properlies. The church membp.rs appointed 2 Trustees. The Lead Postor Is ex ollicio, LBPB appointed I Trvslee. The SLhcme provides cerlaln limlled righls lo the LBPB. olhepwvise the church has unlellered use ol Ihp. Wimbledon Church building. Consequently, the prnperly is included in Ihe occounts subject lo a reslricled fund which represents the limlled influence ol the LBPB. Properlies locoled in Soulhlields and Kingslon are held by Ihe LBPB as custodian Iruslues lor Everyday Cliurch. Consequently, ull buildinqs are held in reslricled funds. The Trustees have elected for church bulldings alroudy held at l January 201 J al their deemed cost, to odopl previous voluations in acc.ordance wilh the Iransitidnal provisions availublc under FRS 102. De.prpcialion ol lixpd assets Is calculated lo vorite off Iheir cost over their eslimaled usolul 5ives as lollows.. rreehold buildings Furnilure and Fqulpmenl l Yo slralghl Ilne 2574 sITalghl Ilne Poge 17 conlinued...
Everydoy Church Notes to the Flnanclal Stolemenls - continued foT Ihe Yeor Ended 31 December 2024 ACCOUNTING POLICIES - conllnued Church bulldlngs PA Syste,m Boiler 33.370 slralght Ilne TOY. Slioighl Ilne Addillon5 are capilali5ed il Iheir cosl excecds £5,000. Taxallon The Lhorily is exempl from corporolion lax on ils chariloblp. activities. VAT The chorily 1% exempl or zern roled for VAT purposc5 ond does not charge VAT on any income. Consequontly. no VAT can bc I'eclaimed on Los15 and the VAT is added lo Ihc accounls. Fund accounllng unrcslric.led lunds Llnr6Jslricled funds are spent or applied al the dlscrelion ol Ihe Irus16es lo furlher any ol the chorily's purpos95. Desigr)aled funds Designoled funds remoin pol'l ol Ihe unre%lrictp.d lunds ol the chorily. The desSgnalion has an adminislralive purposo only ond does not legolly rcslriLI Ihe Irusl8es' discrellon Sn how to opply the unreslricled funds that they have designaltsd. Reslricled funds Reslricle.d Iiinds nre generolly a result ol on appeal lor funds lor a speclllc purpose. When making lh8 glll, tho speclllc use is declarod by Ihe donor, All cosls applied agoinsl the fund ore In ac.cordance willi that specific purpose. Penilon c051s and other posl-retlremenl benellts Thp chorilablo cc)mpany ope.rolos a dp.Ilned contrlbution penslon schomp. Conlribulions poyahle lo 11)e Lhoriluble Loinpany'5 pension sclieme oro chorged lo Ihp 8lolp.mpnl ol Financiol Aclivilie5 in Iho period lo whir.h Ih@v relate. Concesslonary loans Includod wilhln creditors are concessionory loans Irom the Rowlelt Trust lor the refurbishment ol the Kingston venue. Tlie terms ol repayme.nt ore as per Note 17. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY Th$ Inost signlllcanl areas ol judgements Ihal alfecl items in the accounts ore delalled above. DONATIONS AND LEGACIES 2024 2023 Ollerings and oills Gill aid 738.697 146,715 838,584 160,991 885,412 999,Jf75 Poge 18 conlinued...
Everyday Church Notes to the Finanelal Slalemenls . conllnued for the Year Ended 31 Deeember 2024 OTHER TRADING ACTIVITIES 2024 2023 Renlol of church accommodation 16,960 27,301 INVESTMENT INCOME 2024 2023 Intere51 rp.ceived 10,634 8,799 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Charitable aLlivilies Rentol ol church prcmises 225.563 222.742 RAISING FUNDS Ralslng donallons and legacles 2024 2023 Support costs 5,754 CHARITABLE ACTIVITIES COSTS Support cosls18ee iiole 91 Dlrccl Cosls Totals Chariloble aclivllle8 1,156,271 91,426 1,247,697 SUPPORT COSTS Governance costs Firiance Other Totals Cliariloble oclivi118S 28,038 36,576 20,812 91,426 10. NET INCOME/(EXPENDifuREI Nel Sncom&/lexpendilurel is 51uled oller chorgir)g/lcredilin£Jl'. 2024 2023 Audltors, remunerolion Depreciallon- owried ussels 20,754 36,576 16,865 36.575 Page 19 continued...
Everyday Church Notes to the Flnanclal Slalemenls - conllnued for Ihe Year Ended 31 December 2024 TRUSTEES, REMUNERATION AND BENEFITS lhe.re wei'e no trijslees. rcrnuneralion or olher benefits lor the year ended 31 December 2024 nor lor the yoor ended 31 December 2023. Tru5tees' expense5 Thore were no IIu.51ees' expe,nses poid for the yeor ended 31 December 2024 nor lor the yeor ended 31 December 2023. 12. STAFF COSTS 2024 2023 Wages and solorie5 Social security costs Olher pen510ri costs 549,881 47,532 69.983 542,152 54,039 63,393 667,396 659,584 The averoge monlhly numbp.r ol employees during the year wos as follows.. 2024 2023 Minlslry Operalions Commuiiicolion Adminislralion Casuol 23 23 Tho numbftr nl employftes whosp. employeo benpllls lexL'luding employp.r pension costs) exceeded 16Q,000 wos,. 2024 2023 £60.001- £70,000 The key manogemoiit personnel ol Ilie charity comprise the Trustees and Ihc Ccnlrol Leadership team. The tolal rcmunerolion ol tho key Inanogemenl pergorinel was £245,99712023: £242,290). COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 13. Unreslricled funds Reslricled lund5 Tolol funds INCOME AND ENDOWMENTS FROM Donations and legacles 997,825 1,750 999,575 Charlloble acllvllles Chorilable aclivilios 222,74?. 222.742 Olher Irading oclivilie5 Inveslmenl iriconie Olhorlncome 27,301 8,799 17.075 '27.301 8,799 17,07.5 Total 1,273,742 1 .750 1,275.492 EXPENDITURE ON Roising funds 5,754 5,754 Poge 20 conlinued...
Everyday Church Notes lo the Flnancial Slolements . conllnued for Ihe Year Ended 31 December 2024 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - contlnued Unreslriclpd funds Reslriclpd lijnds Total funds Charlloble acllvllles Charilablc aclivilios 1,237,667 39.519 1,277.186 Total 1.213,421 39.519 1,282.940 NET INCOME/(EXPENDITURE) 30,321 137,7691 17.4481 RECONCILIATION OF FUNDS Tolol funds broiJgl)I loNard 1.308,299 4,629.326 5,937.625 TOTAL FUNDS CARRIED FORWARD 1,338,620 4.591,557 5,930,177 14. T ANGIBLE FIXED ASSETS Flxlures cjnd Freehold proporty Totals COST Al l Jonuary 2024 and 31 Decomber 2024 6,531.663 241,094 6,772,757 DEPRECIAfioN Al l Januaiy 2024 Charge lor year 1,317,694 30,822 207,051 5,754 1,524,745 36,576 Al 31 Dccember 2024 ,348,516 212,805 ,561,321 NET BOOK VALUE Al 31 December 2024 5,183,147 28,289 5,211,436 Al 31 Docember 2023 5,213,969 34,043 5,248.012 Al properties owned by the Charity are Included at eilher o formal or Inlormal volualion as Ihelr original Costs are unknown. Frep.hold property comprises Ilie lollovAng: Wimbledon church properly Soullilields cliurch properly Kingston c.hurc.h properly Soulhlields residenlSal properly 3,300,000 700,000 1,907.809 623,854 Total 6,531,663 All Ireehold propÈrlies are included al informol voliiation,. no lormal valuations hove been undertaken sinc? 2009. Hislorical p.n%1 ol Ihc Soulhlields church manse was £48,000; original cosls ol other Ireehold properties nol known noi considerpd relev(]Iil. Page21 continued...
Everyday Church Notes to the Finonclol Stalemenls - conllnued lor the Year Ended 31 December 2024 15. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 other dp.btors Income lax recoverable Prepoymenls 5.840 11,310 4.037 7,043 19.256 4.911 27,187 31,?.10 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other credilnrs Loan - Rowlell Trusl Accrued expensLJ5 15.390 4,297 21,84S 17.638 4.298 21,299 41,532 43,235 17. CREDITORS.. AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2024 2023 Loan Rowlell Trust 53,707 58,003 The obovo dolailed loori bears inlL4resl payablc al 3.5% pa, lolalling £2,105 12023.. £2,256). Copilal repfJyme.nl% c.ommenc.e.d In Spptp.mbe.r 2015 wllh the lotol amount due ollcr 5 years 01 £36,521 12023.. 140,8181. 18, MOVEMENT IN FUNDS Np.1 movpmenl In lunds Al 31.1?..?4 At I 1.24 Unreslrlcled fund5 General fund .338,620 {$1,734) 1,286,886 Restilcled lunds Roslrlcled funds 4,591,557 (45,1381 4.546,419 TOTAL FUNDS 5,930,177 {96,872) 5,833.305 Nel movemenl in funds. included in Ihc above ore 05 follows.. Incoming rosources Resources expended movemp.nl in funds Unrestrlcled lunds Gerlprol fund 1,147.865 (1,199,599) (51,734) Reslrlcled funds ReslriLled funds 2.910 (48.0981 (45,138) TOTAL FUNDS 1.150,825 (1.247.697) (96,872) Pugo 22 continued..
Everyday Church Notes fo the Flnanci(fl Statemenls - conllnved for the Year Ended 31 December 2024 18. MOVEMENT IN FUNDS - continued Comporallves for movement In lunds Nel movement in funds Transfers belwecn lund5 Al 31.12.23 At 1.1.23 Unreslilcted funds Geneiol fiind Designated 1 ,144.773 163,526 30.321 163,Jf26 1163,5261 1.338,6?0 1,308,299 30,321 1,338,620 Restilcted funds Restricled lund5 4,629.326 137.7691 4,591,557 TOTAL FUNDS 5,93/,625 17,4481 5,930.177 Comparative nel movement in funds, Included Iri the above ore os follows.. IncomSng resources Resources expended Movomenl in funds Unreslrlcled funds General fund 1,273,742 11,243.4211 30,321 Reslrlcted funds Rp,slricled lunds 1.750 139,5191 137.7691 TOTAL FUNDS 1,275,492 11 ,282,9401 17,44111 A current year 12 months and prior year l 2 monlhs comblned posillon Is as lollows.. Nel movomenl in Funds Transfers belweon funds Al 31.12.24 Al 1.1.23 Unreslrlcted funds General lund Dp.signoled 1,144,/73 163,526 121,4131 163,526 1163,5261 1,286,886 1,308,299 121,4131 1,286,886 Reslrlcled funds Restricted funds 4,629.326 182,9071 4.546.419 TOTAL FUNDS 5,937,625 1104,3201 5,833,305 Poge 23 conlinued...
Everyday Church Notes to the Flnonclttl Slolements - conllnued lor the Year Ended 31 December 2024 18. MOVEMENT IN FUNDS . confinued A c.urrLJnl year 12 monlhs and piior yeor 12 months combined nel movement in lunds, included in the obove are os follows.. Incoming resources Resources expended Movement in funds Unreslilcted funds Gen&ral lund 2,421,607 12,443,0201 121,4131 Reslrlcled funds Re%tricled funds 4,710 181,6171 182,9071 TOTAL FUNDS 2,426.317 12,530.6371 1104,3201 Reslrlcted Funds Balance 31112123 56 307 1.672 4,548,501 16,713 8,5713 8.700 7.030 Incomlng resour¢&s Balance 31112124 56 307 887 4,517,680 16,169 1,966 92 7,180 2,082 4546419 al Building Fund bl Olhor spccilicd gifts cl Evorydoy Dillererice dl Cliiirch 14uildings ol 2017 Special Olloring 112018 SpAr.ial oflp.ring gl 2022 Spocial Olleriiig hl Fomily Fund il Sl Cecilia Grant Expéndllure Translers 17851 130.8211 15441 16,6121 18,9171 310 150 2..500 4 591557 097 al The Buildino Pund riprosLnls lund5 provided lo fund lulure building work. bl Other speLilied gllls repre.sent sums avlhorised lo be paid in excess of tho omounls specllied by the donors. cl Everyday Dillerence represent£ lund% providp.d lor snciol nclinn and homelessness. dl 30 Queens Road Wimbledon, 225 Wimbledon Park Rood. Soulhllelds and 46 Union Slreel, King]slon are Ilio buildings used by the church Isee Note I l. Donalion received wos lo help reduce Ihe loon lor the relurbishmenl work5. el Murch 2017 SpLJcial Ollerinq rcpresenls lunds prr)vided lo enable the Church lo undertokc Smr)rc)vemenls In ils biiil¢Jingi and lo conlribule lo tho expe.n%os ol some ol ils new venues. 11 Oclobpr 2Q18 Special Ollerlng represenls funds provldecl lo invest in the next gonerallon. gl Oclobe.r 202?. Special Ollering represents funds providcd to Follh In Action for Ihe Winter Night Sheller iri Wimbledon. h) Family Fund represents monies held for families in need. 11 Used lor the purchase ol youth club cquipmenl to bè used In the Salnl-CecllS0's youth programme run oul ul Everyday Cliurch Soulhlields. 19. RELATED PARTY DISCLOSURES Quecns Road Manse Trusl IQRMTI is reloled to the church. For further delalls see the Trustees report. Donolions lolalling £10,77212023: £14,400) were made by QRMT lo the church. Poge 24