Registered Charity no. 1151447 Registered Company no. 08302020
Christ Central Churches Worldwide (Company Limited by Guarantee)
Trustees Annual Report and Accounts Year Ended 31st December 2024
Christ Central Churches Worldwide
Year Ended 31st December 2024
Contents Page
| Page | |
|---|---|
| Legal and Administrative Information | 1 |
| Trustees' Annual Report | 2 |
| Independent Examiner's Report | 7 |
| Statement of Financial Activities and Income | 8 |
| and Expenditure Account | |
| Statement of Financial Position | 9 |
| Notes to the Financial Statements | 10 |
Christ Central Churches Worldwide
Year Ended 31st December 2024
Legal and Administrative Information
Reference
The Charity is called “Christ Central Churches Worldwide” and is registered with the Charity Commission for England and Wales as an Incorporated Association limited by guarantee. The charity is often referred to as "Christ Central".
| Registered Charity Number | 1151447 | |
|---|---|---|
| Registered Company Number | 08302020 | |
| Registered Office | Suite 2.6 Southgate Business | Innovation Centre |
| Normanton Road | ||
| Derby | ||
| DE23 6UQ | ||
| The Trustees and Directors | Mr. Graham Anns | |
| Mr. Jeremy Simpkins | ||
| Mr. Charles Glass | ||
| Mr. Graham Pyman | ||
| Mr. Alasdaire Duerden | ||
| Mr. Stephen Williams | Resigned 01/12/2024 | |
| Mr. Chris Frost | ||
| Mr. Sandeep Manaktala | ||
| Ms. Rebecca Job | ||
| Ms. Elizabeth Zambonini | Appointed 24/04/2024 | |
| Company Secretary and Chief | Mr. Graham Anns | |
| Operational Officer | ||
| Primary Bankers | Barclays Bank plc | |
| Salford Quays Branch | ||
| 5 Anchorage Quay | ||
| Salford | ||
| Manchester | ||
| M50 3XE | ||
| Independent Examiner | Nigel Wyatt BSC FCA | |
| Wyatt & Co Chartered Accountants | ||
| 125 Main Street | ||
| Garforth | ||
| Leeds | ||
| LS25 1AF |
1
Christ Central Churches Worldwide
Year Ended 31st December 2024
Trustee's Annual Report
The trustees present their report and unaudited financial statements of the charitable company for the year ended 31 December 2024.
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity’s governing documents, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.
Trustees of the Charity
The directors of the charitable company are its trustees for the purposes of charity law. Details of the trustees who have served during the year and since the year end can be found on page 5.
OBJECTS AND ACTIVITIES
The charity’s objectives for the public benefit are to advance the Christian Faith, in accordance with the Statement of Beliefs shown below, in the United Kingdom or the world as the trustees may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected to the charitable work of the charity.
Statement of Beliefs
We believe in:
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The one true God who lives eternally in three persons - the Father, the Son and the Holy Spirit.
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The love, grace and sovereignty of God in creating, sustaining, ruling, redeeming and judging the world. 3. The divine inspiration and supreme authority of the Old and New Testament Scriptures, which are the written Word of God - fully trustworthy for faith and conduct.
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The dignity of all people, made male and female in God’s image to love, be holy and care for creation, yet corrupted by sin, which incurs divine wrath and judgement.
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The incarnation of God’s eternal Son, the Lord Jesus Christ - born of the Virgin Mary, truly divine and truly human, yet without sin.
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The atoning sacrifice of Christ on the cross: dying in our place, paying the price of sin and defeating evil, so reconciling us with God.
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The bodily resurrection of Christ, the first fruits of our resurrection; his ascension to the Father, and his reign and mediation as the only Saviour of the world.
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The justification of sinners solely by the grace of God through faith in Christ.
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The ministry of God and The Holy Spirit, who leads us to repentance, unites us with Christ through new birth, empowers our discipleship and enables our witness.
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The Church, the body of Christ both local and universal, and the priesthood of all believers - given life by the Spirit and endowed with the Spirit’s gifts to worship God and proclaim the gospel, promoting justice and love.
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The personal and visible return of Jesus Christ to fulfil the purposes of God, who will raise all people to judgement, bring eternal life to the redeemed and eternal condemnation to the lost, and establish a new heaven and new earth.
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We are committed to serve our community without discrimination of religion, race, nationality, culture, age or on any other basis.
2
Christ Central Churches Worldwide
Year Ended 31st December 2024
Trustee's Annual Report
- We do not require any of our clients to affirm or assent to any of the above Statement of Faith.
The trustees assess the success of the charity in the year against the following criteria:
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Expansion of the Christ Central Churches network.
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Strength of partnerships with similar church networks.
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Continued development of services to provide leadership, consultancy and pastoral care to partnering churches.
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Planting of new churches.
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Leadership events and training programmes that support and develop individuals and churches being well attended and well received.
-
The attendance at and impact of our UK leadership conference.
Volunteers are very significant as quite a lot of the ministry, planning and event management is run by them. All volunteers are drawn from our partnering churches, some of whom are employed by those churches so the partner churches themselves are volunteering their people resources.
The trustees regularly review the objectives and activities of the charity and, as part of this review, have considered the Charity Commission’s general guidance on public benefit, a n d p a r t i c u l a r l y its supplementary guidance on the advancement of religion for the public benefit.
ACHIEVEMENTS AND PERFORMANCE
The charity carries out a range of activities in pursuance of its charitable aims. The trustees consider that these activities, as summarised below, provide benefit to both the churches with which the charity partners and the wider communities that those churches serve.
During the year under review, the main areas of progress and achievement included:
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The granting of gifts to other charitable organisations with similar objectives.
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Expansion and development of the Christ Central Churches network.
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Expansion and development of services to provide leadership, consultancy and pastoral care to partnering churches.
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Development of the Christ Central Churches international leadership team.
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Running church leadership events, training events, and prayer events - both in person and online.
-
Support for Jubilee+.
3
Christ Central Churches Worldwide
Year Ended 31st December 2024
Trustee's Annual Report
The trustees monitor the following key performance indicators to assess the outcomes achieved by the charity’s activities:
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The increase in the number of partnering churches, and the health of those churches.
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The development and evolution of services to provide higher quality leadership, consultancy and pastoral care to partnering churches.
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Level of attendance and quality of provision for our leadership conference and other leadership events.
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Level of attendance, quality of provision and relevance of our training programmes.
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The development of our international team and other regional/national teams across the world, including in the UK.
-
Amount of income from partnering churches.
There are several positive and negative factors which have affected the achievements and objectives of the charity and have had an effect on future plans.
The significant positive factors this year were the continued strengthening of the international team, despite the lack of opportunities to physically meet; the continued development of the UK team; the introduction of a biannual international event.
Outside of special appeals, funding remained consistent throughout the year, but expenses increased due to t h e increased cost of international travel. The organisation remains in a strong financial position.
The trustees are very happy with the overall outcome of the above in meeting the charity’s stated objectives and envisage sustained growth and development of the organisation within the foreseeable future.
FINANCIAL REVIEW
Total income for the year amounted to £455,621 (2023: £449,392) of which £59,427 (2023: £75,163) was restricted. Expenditure of £475,743 (2023: £519,129) was incurred of which £69,198 (2023: £122,286) was for restricted purposes. At 31 December 2024, the charity had unrestricted funds of £261,921 (2023: £274,360) - of which £253,749 (2023: £251,690) were designated by the Trustees and restricted funds of £48,690 (2023: £53,556).
The trustees are satisfied with the financial position of the organisation at 31 December 2024 and are optimistic that the strategies in place will lead to the organisation being able to fulfil its growth objectives.
Investment Policy
The charity’s surplus funds are invested in accounts with Barclays Bank. The trustees have power to invest any money not immediately required for the furtherance of the charity’s objects in or upon such investments, securities (including the making of loans) or property as may be thought fit, subject to such conditions (if any) and such consent (if any) as may from time to time be imposed or required by law.
Reserves Policy
The trustees have developed their reserves policy to maintain a minimum level of cash-backed unrestricted reserves of £126,000:
In addition to the core reserve of £50,000, the trustees have also agreed to hold a minimum of £30,000 in additional reserves specifically to support the Devoted 2025 event, recognising the potential for unexpected costs or a larger-than-planned deficit.
4
Christ Central Churches Worldwide
Year Ended 31st December 2024
Trustee's Annual Report
The total unrestricted reserves held at the year-end exceed the minimum reserves policy, and this is a deliberate decision by the trustees. These additional reserves provide flexibility to respond quickly to emerging needs, support strategic investments, or cover unforeseen disruption to income streams or shortterm costs — including those relating to large-scale events or other mission-driven activities.
The trustees are pleased to report that this level of cash-backed unrestricted reserves was achieved at both 31 December 2024 and 31 December 2023.
Significant Events affecting Financial Performance and Financial Position
The general giving from member churches rose slightly during 2024. The most significant events that affected financial performance were an online offering from supporters, which was collected in the summer.
PLANS FOR FUTURE PERIODS
The future direction of the charity is to increase the number of partnering churches both in the UK and abroad, to plant new churches, to provide an increasing number of quality leadership, consultancy and pastoral care services – including the ongoing development of an annual leadership conference and a biannual international event - and to increase funding to similar networks and charities both in the UK and abroad.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The organisation is a charitable company limited by guarantee, governed by its Memorandum and Articles of Association dated 21 November 2012, and was registered with the Charity Commission from 28 March 2013. In the event of the company being wound up, members are required to contribute an amount not exceeding £10.
Appointment of Trustees
New trustees are appointed on the recommendation of existing trustees/members. There is a required minimum of three trustees but no maximum number.
Trustees whose turn it is to retire each year will be automatically re-elected unless they or the remaining trustees decide otherwise.
Trustees’ Induction and Training
Trustees are already familiar with the work of the charity as they are drawn from churches that partner the organisation. The exception, Charles Glass, is a trustee of a closely related charity with a very similar purpose. New trustees are provided with Charity Commission guidance for new trustees, along with finance and process documentation, and minutes of previous trustees’ meetings related to Christ Central Churches Worldwide. They are also given an introduction to the work of the charity and their responsibilities
Trustees are encouraged to attend appropriate internal/external training events to facilitate the undertaking of their roles and to keep up to date with legislative changes.
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Christ Central Churches Worldwide
Year Ended 31st December 2024
Trustee's Annual Report
Organisation
The management and administration of the charity is under the control of the trustees who meet three times per year. Day to day operational matters are delegated to Graham Anns (Chief Operational Officer).
Related Parties and other Charities or Organisations with which the Charity Co-operates
Christ Central Churches works with, supports, and provides services to partner churches, who in turn provide the funding for the activities the charity carries out. The charity supports similar networks with whom there is a working and personal relationship. The charity supports other charities which provide services that support its charitable objects. There is usually a personal relational and historic link with those charities.
Risk Management
The trustees have developed a risk register and approved a risk management framework to which the charity will work. Both documents are regularly reviewed to ensure the trustees are in a position to mitigate any risks arising.
The principal uncertainty remains the ongoing partnering of churches in the network. The risk is managed through strong relationship building, provision of services, shared culture, good communication and publicity. The national economic situation and its impact on member churches also poses increased risk.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approval
This report was approved by the directors/trustees and signed on their behalf by:
Name: Graham Anns Date: 12/09/2025
6
Christ Central Churches Worldwide
Year Ended 31st December 2024
Independent Examiner's Report
I report to the trustees on my examination of the financial statements of Christ Central Churches Worldwide ('the charity') for the year ended 31 December 2024.
Responsibilities and Basis of Report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), 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:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements 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.
Nigel Wyatt BSC FCA Date: Independent Examiner 125 Main Street Garforth Leeds LS25 1AF
7
Christ Central Churches Worldwide
Year Ended 31st December 2024
Statement of Financial Activities and Income and Expenditure Account
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| Note | £ | £ | £ | £ | |
| Income | |||||
| Donations and legacies | 320,869 | 61,515 | 382,384 | 368,101 | |
| Charitable activities | 71,951 | - | 71,951 | 80,460 | |
| Investment income | 1,286 | - | 1,286 | 831 | |
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| Total Income | 2 | 394,106 | 61,515 | 455,621 | 449,392 |
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| Expenditure | |||||
| Expenditure on charitable activities | 3 | 406,545 | 69,198 | 475,743 | 519,129 |
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| Total Expenditure | 406,545 | 69,198 | 475,743 | 519,129 | |
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| Net Income / (Expenditure) | (12,439) | (7,683) | (20,122) | (69,737) | |
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| Net Income and Net Movement in Funds | |||||
| Total funds brought forward | 14 | 274,360 | 56,373 | 330,733 | 400,470 |
| Transfers | 14 | - | - | - | - |
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| Total Funds Carried Forward | 14 | 261,921 | 48,690 | 310,611 | 330,733 |
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All income and expenditure derive from continuing activities.
The statement is a combined Statement of Financial Activities and Income and Expenditure Account for the purposes of meeting both companies act and charity SORP reporting requirements.
8
Christ Central Churches Worldwide
Year Ended 31st December 2024
Statement of Financial Position
| 2024 | 2023 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed Assets | |||
| Tangible fixed assets | 10 | 514 | 2,072 |
| Current Assets | |||
| Debtors | 11 | 11,885 | 16,311 |
| Cash at bank and in hand | 315,482 | 328,487 | |
| ────────── | ────────── | ||
| 327,367 | 344,798 | ||
| Creditors: Amounts Falling Due Within One Year | 12 | 17,270 | 16,137 |
| ────────── | ────────── | ||
| Net Current Assets | 310,097 | 328,661 | |
| ────────── | ────────── | ||
| Total Assets Less Current Liabilities | 310,611 | 330,733 | |
| ────────── | ────────── | ||
| Net Assets | 15 | 310,611 | 330,733 |
| ────────── | ────────── | ||
| Funds of The Charity | |||
| Restricted funds | 14 | 48,690 | 56,373 |
| Unrestricted funds | 14 | ||
| General funds | 8,172 | 22,670 | |
| Designated funds | 253,749 | 251,690 | |
| ────────── | ────────── | ||
| Total Charity Funds | 14 | 310,611 | 330,733 |
| ────────── | ────────── |
Directors Responsibilities
The Directors are satisfied that for the year ended on 31st December 2024 the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no member or members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. However, In accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner.
The Directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2015).
Graham Anns
Name of director: Signed on behalf of the directors: Date of approval:
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9
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
Basis of Preparation
Christ Central Churches Worldwide is a private company limited by guarantee registered in England. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. The address of the registered office is given in the charity information. The nature of the charity’s operations and principal activities are to advance the Christian faith.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with:
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) issued in October 2019. The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), The Charities Act 2011, The Companies Act 2006 and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention. They are presented in pounds sterling, which is the functional currency of the charity, and rounded to the nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
Assessment of Going Concern
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure are sufficient with levels of reserves for the charity to be able to continue as a going concern.
Fund Accounting
Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the term of specific appeal, often known as a 'special offering in the church.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
10
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
Incoming Resources
All income is recognised once the charity has entitlement to that income, there is sufficient certainty of receipt, and it is probable that the income will be received, and the amount of income can be measured reliably.
Grants and Donations
Where donors specify that grants or donations must be used in a future accounting period, the income is deferred until those periods.
Where donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the period in which the preconditions are met.
Where donors specify that grants or donations are for a particular restricted purpose, which does not amount to pre-conditions regarding entitlement, the income is included in incoming reserves within restricted funds when received.
Resources expended
Resources expended are recognised in the Statement of Financial Activities on an accruals basis, inclusive of VAT. Individual costs are allocated between the various headings in the Statement of Financial Activities by reference to their underlying nature or the reason for which those costs were incurred, on an estimated percentage basis.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Creditors and Provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Tangible Fixed Assets
Tangible fixed assets are capitalised if they exceed £500 and depreciated by 25% per annum on the reducing balance basis, so as to write off each asset over its estimated useful life.
Pensions
Contributions, which are payable into the personal pension plans of individual members of staff, are charged to the Statement of Financial Activities in the period to which they relate. The charity operates a salary sacrifice scheme in respect of pension contributions.
11
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
Operating Leases
Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease.
Taxation
The charity is exempt from tax on its charitable activities.
Legal Status of the Charity
The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity.
Critical accounting estimates and judgements
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results.
There are no critical judgements, significant assumptions concerning the future and key sources of estimation of uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
12
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
| **2 ** | Analysis of Income | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2024 | ||
| £ | £ | £ | ||
| Donations and Legacies | ||||
| Giving from regional churches | 213,311 | - | 213,311 | |
| Devoted event offerings | 77,240 | - | 77,240 | |
| Other giving | 10,318 | 61,515 | 71,833 | |
| Grants | 20,000 | - | 20,000 | |
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| 320,869 | 61,515 | 382,384 | ||
| Charitable Activities | ||||
| Devoted 2025 | - | - | - | |
| Leaders' events | 32,581 | - | 32,581 | |
| School of leadership | 39,120 | - | 39,120 | |
| Training income | 250 | - | 250 | |
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| 71,951 | - | 71,951 | ||
| Investment Income | ||||
| Bank interest | 1,286 | - | 1,286 | |
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| 1,286 | - | 1,286 | ||
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| Total Income | 394,106 | 61,515 | 455,621 | |
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13
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
2 Analysis of Income (Continued)
| Analysis of Income(Continued) | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Donations and Legacies | |||
| Giving from regional churches | 202,304 | - | 202,304 |
| Devoted event offerings | 82,035 | - | 82,035 |
| Other giving | 13,599 | 55,163 | 68,762 |
| Grants | - | 15,000 | 15,000 |
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|
| 297,938 | 70,163 | 368,101 | |
| Charitable Activities | |||
| Devoted 2025 | - | 5000 | 5,000 |
| Leaders' events | 34,537 | - | 34,537 |
| School of leadership | 40,408 | - | 40,408 |
| Training income | 515 | - | 515 |
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| 75,460 | 5,000 | 80,460 | |
| Investment Income | |||
| Bank interest | 831 | - | 831 |
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| 831 | - | 831 | |
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| Total Income | 374,229 | 75,163 | 449,392 |
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14
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
3 Expenditure on Charitable Activities by Fund Type
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Staff costs | 119,004 | - | 119,004 |
| Publicity and flyers | 222 | - | 222 |
| Marketing | - | - | - |
| Leaders' ministry expenses | 20,619 | - | 20,619 |
| Global team expenses | 3,947 | - | 3,947 |
| Team and extended team days | 23,143 | - | 23,143 |
| Grants paid | 109,652 | 52,307 | 161,959 |
| Devoted 2025 | 1,691 | - | 1,691 |
| Other training events | 36,125 | 9,119 | 45,244 |
| Project costs | - | 7,761 | 7,761 |
| Depreciation | 1,558 | - | 1,558 |
| Loss on disposal of fixed assets | - | - | - |
| Support costs (Note 4) | 29,751 | - | 29,751 |
| Governance costs (Note 5) | 16,715 | 11 | 16,726 |
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| 406,545 | 69,198 | 475,743 | |
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|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Staff costs | 117,875 | - | 117,875 |
| Publicity and flyers | 1,979 | - | 1,979 |
| Marketing | - | - | - |
| Leaders' ministry expenses | 18,840 | - | 18,840 |
| Global team expenses | 19,420 | - | 19,420 |
| Team and extended team days | 15,654 | - | 15,654 |
| Grants paid | 97,280 | 115,350 | 212,630 |
| Devoted expenses | - | - | - |
| Other training events | 34,873 | - | 34,873 |
| Project costs | - | 6,866 | 6,866 |
| Depreciation | 2,266 | - | 2,266 |
| Loss on disposal of fixed assets | - | - | - |
| Support costs (Note 4) | 29,469 | - | 29,469 |
| Governance costs (Note 5) | 12,275 | 70 | 12,345 |
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| 396,843 | 122,286 | 519,129 | |
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15
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
4 Support Costs
| Support Costs | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Staff costs | 29,751 | - | 29,751 |
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| 29,751 | - | 29,751 | |
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|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Staff costs | 29,469 | - | 29,469 |
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| 29,469 | - | 29,469 | |
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Support staff costs are allocated on the basis for staff role undertaken.
5 Governance Costs
| Governance Costs | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Insurance | 3,649 | - | 3,649 |
| Directors' expenses | 544 | - | 544 |
| Administration costs | 3,743 | 1 | 3,744 |
| Accountancy and bookkeeping | 8,100 | - | 8,100 |
| Bank charges | 679 | 10 | 689 |
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|
| 16,715 | 11 | 16,726 | |
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|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Insurance | 3,479 | - | 3,479 |
| Directors' expenses | 802 | - | 802 |
| Administration costs | 3,299 | - | 3,299 |
| Accountancy and bookkeeping | 3,755 | - | 3,755 |
| Bank charges | 940 | 70 | 1,010 |
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|
| 12,275 | 70 | 12,345 | |
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6 Donation In Kind
In the prior year, the Charity received a donation in kind for bookkeeping and financial administration support from Harrogate Hope Church. The total value of the donation was £6,166 calculated based on the cost incurred by the donor to provide the support. This donation has been recognized as donation income and staff costs during the financial year.
16
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
7 Independent Examination Fees
Fees payable to the independent examiner for:
| Independent Examination Fees Fees payable to the independent examiner for: |
||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Independent Examiner's and other accountancy fees | 2,448 | 2,376 |
8 Staff Costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Gross wages and salaries | 85,387 | 86,871 |
| Employer's national insurance | 3,017 | 2,397 |
| Pension contributions | 58,840 | 56,467 |
| Death in service and income support cover | 1,511 | 1,609 |
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|
| 148,755 | 147,344 | |
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The average headcount of employees during the year was as follows:
| 2024 | 2023 | |
|---|---|---|
| Average headcount | 3 | 3 |
One employee received benefits of more than £60,000 during the year (2023: 0).
Key Management Personnel
The charity considers its key management personnel to be the trustees and staff team. The total employee benefit is the same as that disclosed in the staff cost note above.
Pension Scheme
The pension costs of £58,840 (2023: £56,467) represent payments to defined contribution pension schemes operated in the names of individual employees of the charity. At the balance sheet date, there were no contributions outstanding.
Salary sacrifice arrangements are in place in connection with pension contributions.
17
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
9 Trustee Remuneration and Expenses
During the year under review, expenses consisting of travel and subsistence for attendance at trustee meetings were paid to one (2023: one) trustee totalling £125 (2023: £72).
Included in staff costs (note 8) are the following remuneration costs in respect of Mr. G. Anns, Mr. J. Simpkins and Mrs. A. Simpkins (wife of Mr. J. Simpkins) which are permitted under the charitable company's Articles of Association:
| Gross | Employer’s | Pension | Other | |||
|---|---|---|---|---|---|---|
| Name | Salary | NIC | Cont | Benefits | 2024 | 2023 |
| £ | £ | £ | £ | £ | £ | |
| Mr. G. Anns | 48,657 | 1,719 | 14,765 | 710 | 65,852 | 62,185 |
| Mr. J. Simpkins | 21,335 | 754 | 25,602 | 507 | 48,198 | 45,768 |
| Mrs. A. Simpkins | 15,394 | 544 | 18,473 | 294 | 34,705 | 33,050 |
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|
| 85,386 | 3,017 | 58,840 | 1,511 | 148,755 | 141,003 | |
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10 Tangible Fixed Assets
| **10 ** | Tangible Fixed Assets | ||
|---|---|---|---|
| Fixtures and | |||
| equipment | Total | ||
| £ | £ | ||
| Cost | |||
| At 1 January 2024 | 9,325 | 9,325 | |
| Additions | - | - | |
| Disposal | (1,577) | (1,577) | |
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||
| 7,748 | 7,748 | ||
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||
| Depreciation | |||
| At 1 January 2024 | 7,253 | 7,253 | |
| Charge for this year | 1,558 | 1,558 | |
| Disposal | (1,577) | (1,577) | |
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||
| 7,234 | 7,234 | ||
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||
| Carrying amount | |||
| At 31 December 2024 | 514 | 514 | |
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||
| At 31 December 2023 | 2,072 | 2,072 | |
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||
| **11 ** | Debtors | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Prepayments and accrued income | 11,885 | 16,311 | |
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||
| 11,885 | 16,311 | ||
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18
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
12 Creditors: Amounts Falling Due Within One Year
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Trade creditors and accruals | 2,253 | 6,059 |
| Taxation and social security | - | 1,821 |
| Other creditors | 1,028 | 713 |
| Deferred income | 13,989 | 7,544 |
────────── |
────────── |
|
| 17,270 | 16,137 | |
────────── |
────────── |
|
| Deferred Income | ||
| 2024 | 2023 | |
| £ | £ | |
| Balance at the beginning of the reporting period | 7,544 | - |
| Amount released to income | - | - |
| Amount deferred in year | 6,445 | 7,544 |
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────────── |
|
| Balance at the end of the reporting period | 13,989 | 7,544 |
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────────── |
13 Deferred Income
At the year-end, income of £13,989 had been received for events taking place in 2025. This income has been deferred, as entitlement does not arise until the service is provided.
19
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
14 Analysis of Charitable Funds
| 1 Jan 2024 | Income | Expenditure | Transfers | 31 Dec 2024 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Unrestricted Funds | |||||
| Unrestricted | |||||
| General funds | 22,670 | 256,224 | (341,247) | 70,525 | 8,172 |
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────────── |
────────── |
────────── |
────────── |
|
| 22,670 | 256,224 | (341,247) | 70,525 | 8,172 | |
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────────── |
────────── |
────────── |
────────── |
|
| Designated | |||||
| Crisis Relief Fund | 20,000 | 1,272 | (9,430) | - | 11,842 |
| Church Planting | - | - | (5,000) | 14,286 | 9,286 |
| Devoted Conference 2025 | 11,680 | - | (1,691) | - | 9,989 |
| Reserves | 140,000 | - | - | (14,000) | 126,000 |
| Special Offering Holding Fund | 68,034 | 77,240 | (419) | (70,811) | 74,044 |
| Training Fund | 11,976 | 39,370 | (44,758) | - | 6,588 |
| Terry Virgo Fund | - | 20,000 | (4,000) | - | 16,000 |
────────── |
────────── |
────────── |
────────── |
────────── |
|
| 251,690 | 137,882 | (65,298) | (70,525) | 253,749 | |
────────── |
────────── |
────────── |
────────── |
────────── |
|
────────── |
────────── |
────────── |
────────── |
────────── |
|
| Total Unrestricted Funds | 274,360 | 394,106 | (406,545) | - | 261,921 |
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────────── |
────────── |
────────── |
────────── |
|
| Restricted Funds | |||||
| Armenia Appeal | 10,881 | 5,457 | (16,338) | - | - |
| Church Leaders Care Fund | - | 10,000 | (1,000) | - | 9,000 |
| Covid-19 appeal | 3,380 | - | - | - | 3,380 |
| Devoted Conference 2025 | 5,000 | - | - | - | 5,000 |
| Euangelion | - | 1,688 | - | - | 1,688 |
| Leadership Development | - | 15,000 | (9,119) | - | 5,881 |
| Mexico Support | 8,831 | - | - | - | 8,831 |
| Streetlife Project | - | 400 | (351) | - | 49 |
| Trg - TANSOL | 3,772 | 1,340 | (2,481) | - | 2,631 |
| Trg - UKRSOL | 15,000 | - | (4,495) | - | 10,505 |
| Trg - ZAMSOL | - | 1,060 | (770) | - | 290 |
| UK Leaders Training | 44 | 1,963 | (785) | - | 1,222 |
| Ukraine Support | 9,099 | 10,000 | (19,099) | - | - |
| Zambia Support | 366 | 14,607 | (14,760) | - | 213 |
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────────── |
────────── |
────────── |
|
| 56,373 | 61,515 | (69,198) | - | 48,690 | |
────────── |
────────── |
────────── |
────────── |
────────── |
|
────────── |
────────── |
────────── |
────────── |
────────── |
|
| Total Funds | 330,733 | 455,621 | (475,743) | - | 310,611 |
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────────── |
────────── |
────────── |
────────── |
20
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
Analysis of charitable funds (Continued)
| 1 Jan 2023 | Income | Expenditure | Transfers | 31 Dec 2023 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Unrestricted Funds | |||||
| Unrestricted | |||||
| General funds | 272,933 | 264,256 | (343,186) | (171,333) | 22,670 |
────────── |
────────── |
────────── |
────────── |
────────── |
|
| 272,933 | 264,256 | (343,186) | (171,333) | 22,670 | |
────────── |
────────── |
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────────── |
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|
| Designated | |||||
| Crisis Relief Fund | 24,858 | 921 | (6,000) | 221 | 20,000 |
| Devoted Conference 2025 | - | - | - | 11,680 | 11,680 |
| Reserves | - | - | - | 140,000 | 140,000 |
| Special Offering Holding Fund | - | 68,119 | (85) | - | 68,034 |
| Training Fund | - | 40,933 | (47,572) | 18,615 | 11,976 |
────────── |
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────────── |
────────── |
────────── |
|
| 24,858 | 109,973 | (53,657) | 170,516 | 251,690 | |
────────── |
────────── |
────────── |
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────────── |
|
────────── |
────────── |
────────── |
────────── |
────────── |
|
| Total Unrestricted Funds | 297,791 | 374,229 | (396,843) | (817) | 274,360 |
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────────── |
────────── |
────────── |
|
| Restricted Funds | |||||
| Armenia Appeal | - | 29,058 | (21,177) | 3,000 | 10,881 |
| Canada travel costs | 2,183 | - | - | (2,183) | - |
| Covid-19 appeal | 6,880 | - | (3,500) | - | 3,380 |
| Devoted Conference 2025 | - | 5,000 | - | - | 5,000 |
| Ghana support | 119 | - | (119) | - | - |
| Mexico support | 8,831 | - | - | - | 8,831 |
| Training - TANSOL | 6,007 | 2,800 | (5,035) | - | 3,772 |
| Training - UKRSOL | - | 15,000 | - | - | 15,000 |
| Training - ZAMSOL | - | 1,860 | (1,860) | - | - |
| UK Leaders Training | - | 1,875 | (1,831) | - | 44 |
| Ukraine support | 62,298 | 5,527 | (58,726) | - | 9,099 |
| Zambia support | 16,361 | 14,043 | (30,038) | - | 366 |
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────────── |
────────── |
────────── |
|
| 102,679 | 75,163 | (122,286) | 817 | 56,373 | |
────────── |
────────── |
────────── |
────────── |
────────── |
|
────────── |
────────── |
────────── |
────────── |
────────── |
|
| Total Funds | 400,470 | 449,392 | (519,129) | - | 330,733 |
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21
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
Analysis of charitable funds (Continued)
Material 2024 Fund Transfers
Reserves £14,286 was transferred from the Reserve Fund to the Church Planting Fund after the funds were identified as being designated for that purpose in 2021 but incorrectly held in the Reserve Fund. Special Offering Holding Fund £70,810 transferred from Special Offering Fund to General Fund. This was donations from the 2023 Devoted offering that were collected to be used to fund activities in the 2024 year.
Material 2023 Fund Transfers
Devoted Conference 2025 Designated fund established for future costs of running Devoted Conference 2025. Reserves To help distinguish between the minimum unrestricted reserves and those reserves in the General Fund, a Reserve Fund was established in this year with £140k transferred into it on set up. Training Fund Prior to setting up EP, the training fund did not exist as its own fund, but was managed within its own bank as part of the General Fund. On setting up EP, the training fund was established, with the balance of their bank account used as a fund transfer from the General Fund to the new Training Fund. Canada travel costs Transfer to clear the fund balance following a review that concluded the travel costs were historically spent as per the intended donation.
Fund Descriptions
Restricted Funds
Armenia appeal
A restricted fund for donations received in response to an appeal to provide relief to people and churches impacted by political and economic aggression within Armenia and Azerbaijan. Help and care for refugees and people who are displaced and in need. Support to individuals, churches – existing and new - and other relief charities.
Canada travel costs
This represents income from the Newday conference in 2018 and has been used to fund travel costs for Mr. J. Simpkins in his support of a church plant in Toronto. For reasons outside the control of the charity, this project has come to an end. The balance of these funds is to be used for future churchplanting in either Canada or the UK, which are also supported by Newday.
Ghana support
The income received is to support the work of the Compassion project in Ghana run by Michael
22
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
Analysis of charitable funds (Continued)
Covid-19 appeal
In the west, we are fortunate to live in nations with highly developed healthcare systems and have governments who can offer financial support to those in hardship. This is not the case in many developing countries. In these nations, the majority of the population live a subsistence lifestyle where people earn money each day to support their families. Such environments make having a lockdown very difficult.
The remaining funds represent the balance of an appeal to support some of the Christ Central Churches in those countries which have been most severely affected by the Covid-19 pandemic.
Mexico support
The income received is to support the work of Pepe in Mexico and other nations.
Training - TANSOL
Gateway Church in York provided support to enable the translation of the School of Leadership training resources into Swahili. The project was ongoing at the year end.
Training - UKRSOL
A restricted fund for donations received in response to an appeal to set up and support the School of Leadership in Ukraine.
Training - ZAMSOL
A restricted fund for donations received in response to an appeal to set up and support the School of Leadership in Zambia.
UK Leaders Training
Funds received for the training costs of UK church leaders.
Ukraine support
The income received is to support Ukraine churches, pastors, and volunteers during the current crisis. It has also paid for the care of refugees in Romania and general humanitarian relief.
Zambia support
The income received is to support the work of Mr. Mwila in Zambia and other nations.
Kaleidoscope
The income received was to support a particular event and was paid out in expenses.
Devoted Conference 2025
A restricted fund to hold donation income given for funding event costs to run the Devoted 2025 Christ Central Churches festival.
23
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
Analysis of charitable funds (Continued)
Church Planting
Used for investing funds in supporting new church plants or in the training of leaders for new church plants.
Designated Funds
Crisis Relief Fund
A designated fund that is set aside to allow ChristCentral Churches to respond globally to disasters and other unexpected difficulties by partnering with local ChristCentral Churches in affected areas.
Devoted Conference 2025
A designated fund to hold all ticket income and conference expenditure for the Devoted 2025 ChristCentral Churches festival.
Reserves
A designated fund to hold the ChristCentral Churches minimum unrestricted reserve.
Special Offering Holding Fund
A designated fund to hold the annual ChristCentral Churches offering collected to enable the charity's objectives in the following financial year to be achieved.
Training Fund
A designated fund for all unrestricted income and expenditure associated with ChristCentral Churches' delivery of theological and leadership training in the UK and overseas.
15 Analysis of Net Assets Between Funds
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Tangible fixed assets | 514 | - | 514 |
| Current assets | 278,677 | 48,690 | 327,367 |
| Creditors less than 1 year | (17,270) | - | (17,270) |
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────────── |
|
| 261,921 | 48,690 | 310,611 | |
────────── |
────────── |
────────── |
|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Tangible fixed assets | 2,072 | - | 2,072 |
| Current assets | 288,425 | 56,373 | 344,798 |
| Creditors less than 1 year | (16,137) | - | (16,137) |
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────────── |
────────── |
|
| 274,360 | 56,373 | 330,733 | |
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────────── |
24
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
16 Related Party Transactions
Mr. G. Pyman and Mr. S. Manaktala are trustees of Jubilee Church Derby. During the year under review, Christ Central Churches Worldwide made apostolic grants totalling £20,000 (2023: £19,250) and £1,000 expenditure reimbursements (2023: £1,100) to Jubilee Church Derby.
Christ Central Churches Worldwide also made payments totalling £6,350 (2023: £6,250) to Jubilee Church Derby for the provision of staff time for communications and publicity services.
Christ Central Churches Worldwide received gifts from Jubilee Church Derby during the year totalling £12,100 (2023: £14,500 ).
Mr. S. Williams is a trustee of Hope Church Harrogate. Christ Central Churches Worldwide received gifts from Hope Church Harrogate during the year totalling £11,845 (2023: £17,435).
In the prior year Hope Church Harrogate also gifted the time of Peter Marfleet, a member of Hope Church staff, for 1 day a week to ChristCentral Churches in the capacity of a finance officer. The total gift in kind from this provision of service was £6,166.
Mr. C. Glass is also a trustee of New Frontiers International Trust Limited. During the year under review, Christ Central Churches Worldwide made grants totalling £6,000 (2023: £19,000), paid for internation conference tickets totalling £3,825 to New Frontiers International Trust Limited and received donations totalling £0 (2023: £4,117) from New Frontiers International Trust Limited.
Mr. C. Frost is also a key management personnel of Gateway Church Leeds. During the year under review, Christ Central Churches Worldwide made apostolic grants totalling £23,716 (2023: £16,054) for Mr. C Frost's time.
Mr. G. Anns is also a director of another charity known as Jubilee+. During the year under review, Christ Central Churches Worldwide made grants totalling £10,000 (2023: £10,000) to Jubilee+. During the year Christ Central Churches Worldwide made payments totalling £353 (2023: £606) for expenditure reimbursement for travel costs.
25
Christ Central Churches Worldwide
Year Ended 31st December 2024
Notes to the Financial Statements
16 Prior Year Statement of Financial Activities and Income and Expenditure Account
| Unrestricted | Restricted | ||
|---|---|---|---|
| Funds | Funds | Total Funds | |
| £ | £ | £ | |
| Income | |||
| Donations and legacies | 297,938 | 70,163 | 368,101 |
| Charitable activities | 75,460 | 5,000 | 80,460 |
| Investment income | 831 | - | 831 |
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────────── |
|
| Total Income | 374,229 | 75,163 | 449,392 |
────────── |
────────── |
────────── |
|
| Expenditure | |||
| Expenditure on charitable activities | 396,843 | 122,286 | 519,129 |
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────────── |
────────── |
|
| Total Expenditure | 396,843 | 122,286 | 519,129 |
────────── |
────────── |
────────── |
|
────────── |
────────── |
────────── |
|
| Net Income / (Expenditure) | (22,614) | (47,123) | (69,737) |
────────── |
────────── |
────────── |
|
| Net Income and Net Movement in Funds | |||
| Total funds brought forward | 297,791 | 102,679 | 400,470 |
| Transfers | (817) | 817 | - |
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────────── |
────────── |
|
| Total Funds Carried Forward | 274,360 | 56,373 | 330,733 |
────────── |
────────── |
────────── |
17 Agency Accounting
During the prior year, the Charity acted as an agent in receiving and passing on donations specifically for supporting the Christ Central leader in Ukraine. The arrangement involved using the Charity's facilities to securely pass the donations to the intended recipient. This has been accounted for under Section 19 of the Charities SORP (FRS 102), which deals with agency accounting.
The amounts received and paid on behalf of the Christ Central leader are not included in the Charity's income and expenditure but are recognized as liabilities for the amounts held temporarily before being paid out.
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Opening balance | - | - |
| Total received | - | 4,535 |
| Total paid over | - | (4,535) |
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|
| Closing balance | - | - |
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26