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← St.neots Evangelical Church

2024-03-31-accounts

REGISTERED CHARITY NUMBER: 1150478

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

St Neots Evangelical Church

George Hay Partnership LLP Chartered Accountants St George's House George Street Huntingdon Cambridgeshire PE29 3GH

St Neots Evangelical Church

Contents of the Financial Statements for the Year Ended 31 March 2024

Page
Report of the Trustees 1 to 9
Independent Examiner's Report 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Financial Statements 13 to 17
Detailed Statement of Financial Activities 18

St Neots Evangelical Church

Report of the Trustees for the Year Ended 31 March 2024

The Trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the Church are: -

  1. The advancement of the Christian faith in accordance with the Basis of Faith primarily but not exclusively within St Neots, Cambridgeshire and the surrounding area; and

  2. Such other charitable purposes as shall, in the opinion of the Managing Trustees, in consultation with the members of the Church, further the work of the Church.

The Church is affiliated to the Fellowship of Independent Evangelical Churches.

As a Church we exist to glorify God by:

When planning the activities of the Church for the year, the Trustees have considered the Charity Commission's guidance on public benefit and in particular, the specific guidance on charities for the advancement of religion.

We have continued to seek to freely share the good news of the Christian faith with all people in St. Neots and the surrounding area, with a desire to see people become disciples of Jesus Christ and grow in their faith in him. We are committed to teaching the Bible and prayer and desire to help Christians to grow in their faith and to live lives of love, which seek to do good to all.

The church organised many activities during the year in support of its objectives and for the public benefit. These included Sunday services for all ages, midweek homegroups, ladies Bible study groups, parent and toddler groups, regular weekly meetings for children and youth, a weekly café for older people in the community, language classes and Bible studies for internationals, evangelistic events and introduction to Christianity courses. We also had a desire to see the Christian faith grow in other areas and countries and to this end we supported Christian work and activities in the UK and abroad through our mission partnership team.

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St Neots Evangelical Church

Report of the Trustees for the Year Ended 31 March 2024

ACHIEVEMENT AND PERFORMANCE

Sunday Services

In the summer term the church continued to hold its morning services at Ernulf Academy. Following a review it was decided that morning services would return to the church building in the autumn term. Numbers of adults and children attending typically ranged from 140 to 160, with a gradual increase during the year. These services continued to be streamed on YouTube.

Communion took place in the family services once a month in the morning and once a month in our regular evening services. An early morning communion service was held on the other Sundays.

Youth and Children's Work

In the summer the Church said goodbye to our Youth and Children's worker, Rich Carding. Rich was the church's first fulltime Youth and Children's worker and was first appointed to the role in 2006.

We are very grateful to God for Rich's time with us and for the blessing of his faithful ministry and his love for the children and young people.

Dominic Vennelle kindly agreed to take on the oversight of our midweek groups for primary and secondary age children on an interim basis, for which we are very grateful.

During the year the church ran a number of activities specifically for children and teenagers.

Little Fishes: This parent and toddlers group was held on two mornings a week during term time, with typically, 40 children (plus parents/carers) from across the town attending each session.

Explorers: A group for children in reception to year 3. This ran on Fridays, in term time, throughout the year with around 10 children typically attending. The sessions consisted of age-appropriate Bible teaching, games, crafts and quizzes.

Gap: A group for school years 3 to 6 ran for the year in term time, apart from during the first half of the autumn term because of a lack of leaders. Approximately 15 children from both church and non-church families attended regularly. The group discussed passages of the bible together and also enjoyed a mix of group games and free time with friends.

Attic: A group for secondary aged children on Friday evenings. This was typically attended by 15-20 young people from a mix of church and non-church families. The evenings included Bible talks and various group games and activities.

Ten24: Two groups for secondary ages, one for girls and one for boys. The girls group had not run since 2022, until it restarted after the autumn term. Both groups gave opportunities for the young people to explore the Bible together in more depth as well as have fun together. The two groups typically had around 10-15 attending.

Sunday groups: Three groups for children aged 3-5, 5-7 and 7-11 provided age-appropriate Bible teaching during the family services, with approximately 25 to 35 children each week. In January the two groups for the older children started using The Biggest Story Curriculum, written by Kevin DeYoung and published by Crossway. Memory verse cards were also introduced for the children to take away each week, corresponding to the teaching sessions.

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St Neots Evangelical Church

Report of the Trustees for the Year Ended 31 March 2024

Reaching Out with the Good News of Jesus Christ

The church continued to seek to share the good news of the Christian faith with the people of the town and surrounding area.

Children: the church ran a holiday club that attracted around 50 children and was followed by a well attended BBQ for families. A Light Party was again held, as a Christian alternative to Halloween, on 31 October 2023 for children up to Year 6.

Internationals: from September, weekly conversation classes and Bible studies were held in the church building for international people in the local community.

Good Company Café: a weekly café style meeting for older people in the community was held in the church building on Friday mornings.

Hope Explored Course: this short course, introducing people to the Christianity faith, was run in January 2024.

St. Neots Youth Worker: in a joint venture with Youth for Christ, Open Door Church and River Church, the church continued to fund a Christian youth worker to work with unchurched youth in the town. A regular after school café was run for secondary school age children on Tuesdays during term time.

Christmas outreach: The question 'Why Christmas?' was created in lights on the front of the Church building to get people thinking. A flyer advertising our carol services picked up on this theme as did our carol services. A stall was set up on the church drive to make contact with people returning from the Christmas Lights Switch on in town. Two evenings of carol singing were held in the neighbourhood around the church. Christmas flyers were posted through letter boxes on those evenings and were also handed out in the Market Square on a Saturday morning. There were encouraging number of visitors at both our traditional and family carol services.

Through the involvement of its members the church also actively supported a number of other Christian based organisations including ACTIOS (Assisting Christian teaching in our Schools), the local Foodbank, Good News for Everyone (formerly known as Gideons) and MAST (Money Advice St Neots).

Building up One Another to Live for Jesus Christ

Systematic Bible teaching was provided during the main Sunday services including series in John's gospel, Job, Psalm 119, 2 Corinthians, Matthew's gospel and Haggai. Topical subjects covered included key principles to follow 'When Christians disagree', a series on 'Toxic Masculinity and an alternative evening service on 'How should I think about my health?'.

In January 2024 the church adopted a Bible verse for the year ahead ("Religion that God our Father accepts as pure and faultless is this: to look after orphans and widows in their distress and to keep oneself from being polluted by the world." James 1:27).

A new Church reading plan was introduced at the start of 2024 with daily readings that worked through the four gospels in the calendar year.

Church prayer meetings were held once a month on Sunday evenings, and as part of the regular home group programme.

Seven homegroups groups met regularly. They provided pastoral care, help and spiritual encouragement. In addition to evening homegroups, weekly daytime ladies Bible study groups, 'Wednesday Women', 'Thursday Women' and 'Ladies Explore Group’ took place through the year.

During the year the Women's Ministry Team held a Strawberries and Stories event, Ladies Brunch and a Christmas Gathering. The Men's ministry team held a number of Saturday morning Men's breakfasts in the church building.

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St Neots Evangelical Church

Report of the Trustees for the Year Ended 31 March 2024

The church held 'picnics in the park' and a Harvest family lunch, which were opportunities for the church family to enjoy time together.

In May 2023 the church held a Weekend away in Letton Hall, with around 120 of the church fellowship coming for the whole weekend plus other day visitors. This had been originally been planned for 2020 but had been postponed due to Covid. Josh Monterio, from Emmanuel Church Northstowe, was our visiting speaker and he spoke about some of the pictures (bride, body, temple & family) used in the Bible to describe the church. There were also sessions for the children and plenty of opportunities for fun and informal conversations.

Training One Another to Serve Jesus Christ

Various types of training were provided for church members and the staff team throughout the year:

Sending Out Workers for Jesus Christ

The Church also set aside 15% of all donations for the support of missionary work. During the year the Church provided support for mission partners in the UK, Moldova, West Africa, South Africa, Morocco, Thailand and Turkey. The total amount given out in the year was £40,361. The giving was divided in follows:

33.6% UK 12.4% Europe 28.6% Asia 25.4% Africa

The church was in regular correspondence with the mission partners we support to be able to provide suitable help and to pray effectively for them. The trustees have appointed a mission partnership team, made up of church members, to supervise this work and make recommendations to the elders regarding the allocation of financial support.

FINANCIAL REVIEW

In the first five months of the year giving (including the gift aid due on eligible donations) was approximately £20,000 below the required level of expenditure. As a result of this shortfall, church members were informed, in September, in a letter of the financial situation. A decision was also made to not continue using Ernulf school premises on Sunday mornings at least for the next term and to stop adding 3% of giving to the fabric fund. At the beginning of October a day was set aside to prayer and fasting about the financial situation and the way forward for Sunday mornings.

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St Neots Evangelical Church

Report of the Trustees for the Year Ended 31 March 2024

In the following 7 months the average giving per month increased significantly, resulting at the end of the year in income slightly exceeding expenditure. Donations in the year as a whole increased by 4.6%.

During the autumn term a working group was set up to look into the possible purchase of a former public house next door to the church and possible redevelopment of our own church building.

The following fixed assets are held:

  1. The church building at Cambridge Street, St. Neots, which was purchased in 1981 and extended in 1991

  2. A 50% share in 41 Gordon Close, Little Paxton, which was purchased in 2005

  3. Various items of church equipment and furnishings, which have been purchased over many years

All the above were included in expenditure in previous accounts prior to the charity being established and no values have been carried forward. The Trustees do not consider the cost of including present day values to be worthwhile, for this report as there is no intention for these assets to move away from the charity. Should the assets be sold the charity would retain and recognise the income as exceptional.

Reserves policy

The Trustees have adopted a policy of maintaining reserves at a minimum level of three months of Staff costs. This policy was achieved throughout the year under review.

Mike Kendall (Pastor) and Pete Bennett (Assistant Pastor) were employed by the Church on a full-time basis and are also Trustees. The remuneration of the Pastor and Assistant Pastor are reviewed by the Elders each year. In accordance with the Church's constitution, these Church employees do not attend the meetings at which the Staff pay reviews take place. None of the other Trustees of the Church received any remuneration from the Church during the year.

PRIORITIES FOR THE YEAR

Alongside its regular and occasional ministries, the church continued to work on a number of priorities:

To set up a home with the charity, Hope into Action, to care for vulnerable women and their children. A house, in the local community, was purchased and renovated by a group of investors. The church helped in refurbishing it and a training day was held for those interested in helping with the project. A number of church members also attended the annual Hope into Action Conference.

To establish ourselves in Ernulf, so that we have space to grow and can reach out into the local community.

After a few months of meeting in Ernulf, feedback was sought from the church. A significant number of questions were raised about the overall benefits of the move. The church met in its own building over the summer, and, for financial reasons, the decision was taken to continue to meet there until the New Year, when it would be reviewed. In the New Year the decision was taken to remain in our own building.

To adopt and implement our revised Safeguarding Policy & Procedures, so that everyone is safe and the culture of the church is healthy.

A new Safeguarding Team was established, led by our Deacon for Safeguarding, Adrienne Dunn. A new Policy & Procedures were adopted and implemented. Training was provided for the church. Our Safeguarding provision will remain under ongoing review.

To revise our strategy for pastoral care, so that every member is cared for and caring for others. Work was undertaken by a working group, led by Dom Vennelle and Catherine Heath. Feedback was sought from the church. The group recommended the introduction of a Care Team to support the provision of pastoral care in the church. Our revised strategy highlights the role that every member has in caring for others. Care is also provided by Home Groups, the Staff Team, the Care Team and the Elders.

To appoint new leaders - at every level, so that the church is properly supported and cared for.

Pete Bennett joined the church in September 2023 as Assistant Pastor and Elder. The decision was also taken to appoint Deacons, to facilitate specific areas of ministry and to free the elders up to lead the church. During the year Deacons were appointed to facilitate ministry in 3 areas: Safeguarding, Home Groups and

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St Neots Evangelical Church

Report of the Trustees for the Year Ended 31 March 2024

Fabric. The aim is to appoint more Deacons in the future as necessary. The church also began the process of looking for a new Youth and Children's Worker.

To establish clear pathways into serving, so that every member plays their part.

Some initial discussions were held in elders meetings. Work on this area will continue under the church's new priorities.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

The Church is unincorporated and is governed by its constitution. A new Church constitution was adopted on 17 July 2012 and registration with the Charity Commission was confirmed on 14 January 2013. Prior to this the Church had been treated as an excepted charity under legislation at that time due to its affiliation to the Fellowship of Independent Evangelical Churches (FIEC). The Managing Trustees are responsible for the management of the affairs of the Church and consist of the Elders, Pastor and Assistant Pastor. New Elders are appointed according to the Church's statement of current practice. Proposals for new Elders are made by the existing Managing Trustees to a business meeting of the Church Members. Two months are given for the Church to prayerfully consider the proposed individual and to provide feedback. If the Elders then feel that it is right to proceed with the appointment, a formal recommendation will be brought before the Church at the next Church Members' meeting. Upon appointment, a period of association with the Eldership will take place before the new Elder is formally set apart.

Peter Bennett was appointed as an Assistant Pastor and a Managing Trustee in September 2023. There were no other changes to the Managing Trustees during the period covered by this report.

The Managing Trustees who held office during part or all the period from 1 April 2023 to 31 March 2024 are set out below.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number 1150478

Principal address Cambridge Street St Neots Cambridgeshire PE19 1PL

Trustees

M Kendall G Selley P Slater R Vennelle P Bennett (appointed 1.9.23)

Independent Examiner

George Hay Partnership LLP Chartered Accountants St George's House George Street Huntingdon Cambridgeshire PE29 3GH

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St Neots Evangelical Church

Report of the Trustees for the Year Ended 31 March 2024

Staff Team & Membership

The following staff were employed during the year:

Mike Kendall - Pastor of St. Neots Evangelical Church Pete Bennett - Assistant Pastor Richard Carding - Youth & Children's Worker Catherine Heath - Women's Worker Jan Sim - Personal Assistant to the Pastor Dom Vennelle - Ministry Trainee Joe Marsh – Ministry Apprentice

In September Pete Bennett started as our new assistant pastor and a commissioning service for him was held later that month. We also said goodbye to Rich Carding after 18 years as a staff member, initially as a ministry apprentice and then for 17 years as our Youth and children's worker.

The church agreed to start the process of looking for a new Youth and Children's worker in the church meeting in November.

In August our ministry apprentice, Joe Marsh, completed his year with the staff team.

A staff handbook was introduced based on a template provided by Edward Connor Solicitors. This was customised for our situation and covered issues such as sick absence, paternity leave, compassionate leave, grievance procedure, recruitment. It was introduced to help us care properly for our staff team, to provide guidance, to enable consistency, to protect the church and ensure compliance with the latest regulations.

During the year the staff team also undertook various roles and speaking engagements outside of the church. These included the Pastor chairing the East Anglian Gospel Partnership, being Chair of the FIEC trust board.

At the beginning of the year there were 134 members of the Church and at the end of March 2024 there were 132 members. During the year a number of people started attending regularly and 12 people became members in the year.

It was very encouraging to have three people baptised in the church during the year and to hear there testimonies of how they came to faith in Jesus.

Managing Trustees

The managing trustees held meetings in line with their responsibilities for the running of the church as a charity in line with its governing documents, charitable purpose and legal responsibilities. These meetings included:

Finance: reviews of the current status, trends, future budgets and any actions required.

Safeguarding : a report was provided for the trustees by the Designated Safeguarding lead for each meeting. This provided information on safeguarding issues, cause for concern reports and any areas that required actions.

Health & Safety (H&S) & Data Privacy (GDPR): updates on any H&S issues or data breaches, revisions & reviews of policies and discussions on actions required.

Risks: a risk register was employed to identify potential risks and the highest ranked risks and actions to mitigate these were focused on.

Policies & Procedures: the trustees continued to work on developing formal policies and procedures in different areas. Areas worked on included the new staff handbook, safeguarding, Health and Safety policy updates, a hardship fund policy.

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St Neots Evangelical Church

Report of the Trustees for the Year Ended 31 March 2024

Health & Safety

Part of our practical love and care for one another includes doing our best to ensure the health and safety of our church staff, church members and anyone visiting the church premises.

With this in view we have put in place health and safety and food hygiene policies with associated guidance notes and checklists. All health and safety and food hygiene policies and documents are reviewed at least annually and amended where required. During the period of this report the following actions were put in place and completed:

Richard Vennelle continued in his role as Trustee (Elder) with specific responsibility for the St. Neots Evangelical Church Health and Safety Policy and its implementation.

Safeguarding

A key priority for the church is to create and have a safe environment for all those in the church community. During the year a number of measures were taken to help ensure effective safeguarding:

Safeguarding policy and procedures: new safeguarding policies and procedures, in line with latest best practice, were introduced in the autumn term. The purpose of these was to seek to protect everyone from harm, to create a transparent culture and promote a healthy and nurturing environment.

Cause for concern reporting: a process for raising low level concerns was introduced. The purpose of this was to enable issues that may otherwise not be identified to be recognised and addressed before they escalate.

Codes of Conduct: were created for staff and volunteers working with children, vulnerable adults and in pastoral care. These codes outlined all aspects of behaviour which must be adhered to within the role.

Roles & Responsibilities: were created for specific ministries, to spell out the expectations of any person supporting that ministry.

Strengthened Safeguarding Team: a new safeguarding team with a designated safeguarding lead (DSL) and two deputies was created. The team also included trained safer recruiters and a safeguarding administrator.

Training: formal Designated lead safeguarding training was undertaken by our Designated Safeguarding Lead (DSL) and deputies. The DSL completed a ‘Train the Trainer’ course and then training was provided to all staff and volunteers working in roles with children or in pastoral care.

Awareness: sessions were held in two church meetings to make church members aware of the new measures and the responsibility of all for safeguarding and creating a safe environment. Use of the new cause for concern process was promoted and the new safeguarding documents plus a link to an online cause for concern form were added to the church’s website.

Page 8

St Neots Evangelical Church Report of the Trustees for the Year Ended 31 March 2024 In addition to these new measures, we have continued to operate our ministries in line with our safeguarding policy. This included performing DBS checks for adult and 16-18 year old volunteers working with children and young people, keeping secure records (keeping a Single Central Record for volunteer recruitment, secure records of Safeguarding cases) and seeking assistance from Christian Safeguarding Services (CSS), a national safeguarding advisory ser¥ice. Adrienne Dunn was appointed as Deacon for safeguarding and the Designated Safeguarding Lead (DSL). Geoff Selley continued in his rote as the safeguarding Trustee. GDPR Our data protection policy states that "An annual report on the level of compliance with or Varian￿ from good data protection practices will be produced by the Dats Protection Compliance Managerf,. Actions taken towards good data protection practices: Maintained ICO membership by payment of annual fee. Advised on ad hoc data protection and dats retention period quests'ons emerging during the life of the Church. Conducted a review of the master cfjntact database, reaching out to contscts for detail verification and offering opt-out options. Paul Slater Acting Data Protection Compliance Manager Approved by order of the board of twstees on .. Trustee Page 9

Independent Examiner's Report to the Trustees of St Neots Evangelical Church

Independent examiner's report to the trustees of St Neots Evangelical Church

I report to the charity trustees on my examination of the accounts of St Neots Evangelical Church (the Trust) for the year ended 31 March 2024.

Responsibilities and basis of report

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

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Samantha Green ACA

George Hay Partnership LLP Chartered Accountants St George's House George Street Huntingdon Cambridgeshire PE29 3GH

Date: 29[th] January 2025

Page 10

St Neots Evangelical Church

Statement of Financial Activities for the Year Ended 31 March 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
258,832
Investment income
2
-
Total
258,832
EXPENDITURE ON
Charitable activities
Charity
257,402
NET INCOME/(EXPENDITURE)
1,430
RECONCILIATION OF FUNDS
Total funds brought forward
91,265
TOTAL FUNDS CARRIED FORWARD
92,695		 Restricted
fund
£
100
-
100
744
(644)
2,461
1,817		 2024
Total
funds
£
258,932
-
258,932
258,146
786
93,726
94,512		 2023
Total
funds
£
247,417
209
247,626
254,466
(6,840)
100,566
93,726

The notes form part of these financial statements

Page 11

St Neots Evangelical Church Balance Sheet 31 March 2024 2024 Total funds 2023 Total funds Unrestricted Restricted ftjnds fund Notes CURRENT ASSETS Debtors Cash at bank and in hand 39,944 39,944 43,435 121.094 1,817 122,911 130,142 CREDITORS Amounts falling due within one year (28,399) (28,399) (36,416) NET CURRENT ASSErs 92.695 1.817 94.512 93,726 TOTAL ASSETS LESS CURRENT LIABILITIES 92.695 1,817 94,512 93,726 NET ASSETS 92,695 94,512 FUNDS Unrestricted funds Restricted funds 92,695 91,265 TOTAL FUNDS 94,512 93,726 The financial statements wer8 approved by the Board of Trustees and authorised for issue on ..Zt.é4 Ja...laZS.... and were signed on its behalf by.. G. SéLL£y Trustee The notes form part of these financial statements Page 12

St Neots Evangelical Church

Notes to the Financial Statements for the Year Ended 31 March 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. INVESTMENT INCOME

INVESTMENT INCOME
2024 2023
£ £
Interest receivable - 209

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

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continued...

St Neots Evangelical Church

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

4.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
247,417
Investment income
209
Total
247,626
EXPENDITURE ON
Charitable activities
Charity
254,226
NET INCOME/(EXPENDITURE)
(6,600)
RECONCILIATION OF FUNDS
Total funds brought forward
97,865
TOTAL FUNDS CARRIED FORWARD
91,265
5.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments
6.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Taxation and social security
Other creditors		 Restricted
fund
£
-
-
-
240
(240)
2,701
2,461
2024
£
36,289
3,655
39,944
2024
£
3,651
24,748
28,399		 Total
funds
£
247,417
209
247,626
254,466
(6,840)
100,566
93,726
2023
£
40,943
2,492
43,435
2023
£
3,511
32,905
36,416

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continued...

St Neots Evangelical Church

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

7.
MOVEMENT IN FUNDS
At 1.4.23
£
Unrestricted funds
General fund
91,265
Restricted funds
Restricted
2,461
TOTAL FUNDS
93,726
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
258,832
Restricted funds
Restricted
100
TOTAL FUNDS
258,932
Comparatives for movement in funds
At 1.4.22
£
Unrestricted funds
General fund
97,865
Restricted funds
Restricted
2,701
TOTAL FUNDS
100,566		 Net
movement
At
in funds
31.3.24
£
£
1,430
92,695
(644)
1,817
786
94,512
Resources
Movement
expended
in funds
£
£
(257,402)
1,430
(744)
(644)
(258,146)
786
Net
movement
At
in funds
31.3.23
£
£
(6,600)
91,265
(240)
2,461
(6,840)
93,726

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continued...

St Neots Evangelical Church

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

7. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS		 Incoming
resources
£
247,626
-
247,626		 Resources
Movement
expended
in funds
£
£
(254,226)
(6,600)
(240)
(240)
(254,466)
(6,840)

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement
At 1.4.22
in funds
£
£
Unrestricted funds
General fund
97,865
(5,170)
Restricted funds
Restricted
2,701
(884)
TOTAL FUNDS
100,566
(6,054)		 At
31.3.24
£
92,695
1,817
94,512

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS		 Incoming
resources
£
506,458
100
506,558		 Resources
Movement
expended
in funds
£
£
(511,628)
(5,170)
(984)
(884)
(512,612)
(6,054)

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continued...

St Neots Evangelical Church

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

8. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

Page 17

St Neots Evangelical Church

Detailed Statement of Financial Activities for the Year Ended 31 March 2024

INCOME AND ENDOWMENTS
Donations and legacies
Tithes & offerings
Donations
Tax refunded on gift aid donations
Sundries
Hardship fund
Investment income
Interest receivable
Total incoming resources
EXPENDITURE
Charitable activities
Staff costs
Missionary giving
Services
Books, stationery & sundries
Supplies
Events & groups
Ernulf rent and costs
Hardship fund
Support costs
Repairs and renewals
Governance costs
Accountancy and legal fees
Total resources expended
Net income/(expenditure)		 2024
£
66,386
145,157
36,289
11,000
100
258,932
-
258,932
181,055
38,834
19,032
6,513
1,773
2,528
3,595
244
253,574
2,652
1,920
258,146
786		 2023
£
45,703
163,774
37,190
750
-
247,417
209
247,626
164,421
41,342
16,934
8,108
2,069
(2,909)
13,240
240
243,445
11,021
-
254,466
(6,840)

This page does not form part of the statutory financial statements

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