Charity registration number: 1151701 King's Church Iver Annual Report and Financial Statements for the Year Ended 31 March 2024 King's Church Iver Contents (continued) Reference and Administrative Details Trustees, Report 2to4 Statement of Trustees, Responsibilities Iiidependent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 9t014 King's Church Iver Reference and Administrative Details Trustees Mr John Plaskett Mr Peter Darkins Mrs Sharon Plaskett Mr Jame5 Vigurs Mr Peter Walters Mr Wi Iliam Torrent Charity Registration Iyumber 1151701 Principal Office West Square Iver Buckinghamshire SLO 9NW Independent Ex*miner AGHS Accounting And Taxation Services Limited Chartered Accountants 14 Progress Business C.enlre Whittle Parkway Slough Berkshire SLI 6DQ Page I King's Church Iver Trustees, Report The trustees present the annual report together with the financial slatements of the charity for the year ended 3 March 2024. Objectives And aetivities Objects and aims The charities obje¢lives are ihe advhncement of the Christian faith, to advance education and to carry out other charilable purposes in the UK andlor other parts of the world. Objectlves, ,stralegies and actlvliles The main activities undertaken by the charity are the running of a Christian non-denominational church open to all, providing eliaritable donations lo other orgaiiisalions and providingy outreach and support lo the local community. Publlc benefll The trustees have considered the guidance produced by the Charity Commission on the provision of public benefit and they confirm that public benefit has beeii provided by.. Providing regular public worship open to all Conducting pastoral work Teaching c.hristianity through sermons, courses and small gyroups Proinoting the whole mission of the church through a¢livities for senior citizens, parents and toddlers and various other gyroups Supporting other charities in the UK and overseas Structure? governlnce and management Nalure ofxovernlnx d￿.￿men¢ The Charity is governed by its constitution adopted 12 July 2012 and subsequently amended 19 November 2013. Recrnltmenl ond appolnlmenl of truslee.f The King's Church Iver conslilulion slates that an elder is autoinatically a trustee unless disqualified by slatute. Existing elders recommend the appointment of any new elderltrustee from within the ehurch membership. This recommeiidation is taken to an ordinary chiirch meetingy and voted on by the church membcrs. Page 2 King's Church Iver Trustees, Report (continued) Aehievements and performance The Church Building We want our church buildingy lo be used regularly and consequently it is open daily for church activities or for member5 of the public to drop in. We do not have a pastor. but the building is manned by our two part time staff and other volunteers. Activities During the week the building is primarily used by the church for prayer meetings, bible study groups, mother and toddler groups, a weekly café, and a fortnightly fcx)d bank. The church building is also used by other non Christian groups when ihe building is available. Pasioral Care Helping those in need is a demonstration of our faith and the church as a whole is ¢ommilted lo providing pasioral care to individuals and groups, bringing in special ists when needed. Mission and Outreach The church actively supporl UK and international charities and individuals to further their work in showing God's love and spreading the Christian message. FlnAneial review The church funds are predominately unrestricted and received from the church members and others. These donations are reieived directly to the church bank ac¢ount or via colleclions al church services, church events and payments for Ihe hire of the church hp411. Income for the year inureased to £105.693 12023.. £92.717). Costs reduced in the year 10 £82,073 (2023.. £85.213). In the year the SLirplus for the year was £23,620 (2023.. £7,504). Polity on re,ferves At the end of the year tlie Church had reserves of £199,003 12023.. £175,383).. Tlie ¢hurch aims to maintain m iniinum reserves of approximately three months fixed costs lo ensiire that expenses can be mel in the event of a redu¢tion in giving. The church has no ¢urrenl plaiis for Ihe remainder of the reserves. The church invests surplus Cash by placing il on fixed deposit or in lo a savings account. Use of volunteers The church, apart from a part time administrator and a part time outreach co-ordinatorladminislrator, is completely managed and mn by volunteers. We would like lo thank all the volunteers who work so hard lo make our church the lively, vibrant and loving community it is. Page 3 King's Church Iver Trustees, Report (continued) Plans for future periods Aims and key objeclivesforfutureperiod. The church intends to continue its current activities in the coming year and to find additional ways lo show God's love and compassion to each other. all who we coine in to contact with and lo ihose in ihe local community and surrounding areas. The annual report was approved by ihe trustees of the charity on and signed on its behalf by.. Mr John Plaskell Trustee Page 4 King's Church Iver Statement of Trustees, Responsibilities The trustees are responsible for preparing the trustees, report and the financial staiemenls in accordRnce with the United Kingdom Accounting Siandards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to charities requires the Irustees to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the Charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, Ihe trustees are required to.. select suitable accounting policies and then apply them con5iStently; observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudenl. slate whether applicable accouiiting standards have been followed. subject io any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charity will continue in busine5S. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any lime Ihe financial position of the charity and enable them to ensure that the financial statemenls comply with the Charilies Act 2011, the Charities {Accounls and Reports) Regulations 2008, and the provisions of the constilulion. The trustees are also responsible for safeLvuardin¥ the asse15 of the charity and hence for laking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial informati included on the charitable ¢ompany's website. l.egislali(M g?overning the preparation and dissemination of financial stateinents may differ from legislation in oiher jurisdictions. Approved by the Iruslees of Ihe charity on l.*and sig?ned on ils behalf by.. Mr John Plaskett Trustee Page 5 King's Church Iver Independent Examiner's Report to the trustees of King's Church Iver I report to the trustees on my examination of the accounts of King's Church Iver for the year ended 31 March 2024. Responsibilities and basis of report As the charity trustees of King's Church Iver you are responsible for the preparation of ihe accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the King's Church Iver's accounts Carried out under section 145 of the 201 l Act and in carrying out my examination I have followed al I the applicable Dire¢¢ions given by the Charity Comniission under section 14515)(b) of the Act. BA5is of independent examiner's report My examination was carried out in accordance with the general Direction given by the Charity Commission. An examination includes a review of the acwunling records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees ¢oncerningi any such matters. The procedures undertaken do not provide all the evidence that would be required in an audil and eonsequenily iio opinion is given as to whether the accounts present a 'true and fair view. and the report is limited to those matters set out in the slalem¢nl below. Independent examiner's Statement I have completed my examinalion. I confirm that no malerial matters have come lo my attention in connection with the examination givinbF me cause lo believe Ihal in any material respect.. accounting records were not kept in respect of King's Church Iver as required by Section 130 of the Act; or 2. the accounls do not a¢cord with those records. or 3. the accounts do not comply with the accountin&y requirements concerning the form and content of a¢counis sel out in the Charities (Accounts and Repor15} Regulations 2008 other than any requirement thal Ihe aicounls &yive a 'true and fair view. which is not a matter considered as part of an independent examination. I have no concerns and have come a¢r05s no other matters in connection wilh the examination to which altention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr Richard Parsons AGFIS Accounting and Taxation Services Limited c.hartered Accountants 14 Progress Business Centre Whittle Parkway Slough Berkshire SLI 6DQ Page 6 King's Church Iver Statement of Financial Activities for the Year Ended 31 March 2024 Unrestricted funds Restrieted funds TotAI 2024 Note Ineon)¢: Donations, legacies and other income Investment income 94.167 4,531 6.995 101.162 4,531 Total income 98,698 6,995 105,693 Expendilure on: Charitable activities 75.568 6,505 82,073 Total expenditure (75,568 6,505 (82,073 Nel income 23,130 490 23,620 Nel movement in funds 23,130 490 23,620 ReconcillatS(m of funds Total funds brought forward Total funds carried forward 175.383 175,383 12 198,51.3 490 199.003 Ilnrestrie¢ed fund5 Restricted runds Total 2023 Note Income: Donations, legacies and other income Investinenl inconic 86,144 488 6,085 92,229 488 Total income 86,632 6,085 92,717 Expenditure on: Charitable activities 6,085 85.213 Total expenditure Net income 79,128) (6,085) (85,213 7,504 7,504 Net movement in funds 7,504 7.504 ReconciliAtlon of funds Total funds brought forward Total fund5 carried forward 167,879 167,879 12 175,383 175,38.3 All of the charity's activities derive from continuing operations during the above two periods. The notes on pages 9 10 14 form an integral part of these financial statements. Page 7 King's Church Iver (Registration number: 1151701) Balance Sheet as at 31 March 2024 2024 2023 Iyote Fixed assets Tangible assets 7.758 1,339 Current ass¢¢s Debtors Cash al bank and in hand 10,359 194,336 8,354 165,106 10 204,695 173,460 Creditors: Amounts falline due within one year Net current 4s$ets (13,450) (9,416) 191.245 164,044 Iyet ass¢ts 199,003 175,383 Funds of the charlty: Restricted Income funds Restricted funds 490 Unrestricted income funds Unrestricled funds 198,513 175,38.3 Tot&1 funds 12 199,003 175,38.3 The financial statements on pa&Fes 7 to 14 were approved by the trustees, and auihorised for issue on *and signed on Ilieir behalf by.. Mr Johi) Plasketi Trustee The noles on pages 9 to 14 form an integral part of these financial statements. Page 8 King's Church Iver Notes to the Financial Statements for the Year Ended 31 March 2024 A¢counting policies Statement of compliance The fiiiancial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice appl icable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective l January 2019) - (Charities SORP {FRS 102)}, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. Basis of preparation King's Church Iver meets the definition of a public benefit entily under FRS 102. The accounts {financial statements) hRve been prepared under Ihe historiLal cost convention with items r￿ognISed at ¢0St or transaction value unless otherwise slated in the r¢l¢vanl notels) lo these accounts. Going concern The trustees consider that there are no material uncertainties about the charity's ability lo Continue as a going concern. Ineome and endowm¢nls Al l incoine is recognised in the statement of Financial Activities once the charity has enlillement lo the funds, it is probable thai Ilie income wil I be received and the amounl Lan be measured reliably. Donuled.servlces and]uL'lll¢les WherL serviLes or f