Charity roglstratlon number 1152080 Company registration number 08434407 (England and Walès) EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Caladine Chartered Certified Accountants
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) LEGAL AND ADMINISTRATIVE INFORMATION Tru5te88 Mr M P Collard Mrs M L Dias MrA Schoeps Mr M Dos Santos Secretary Mrs L Schoeps Charlty number 1152080 Company number 08434407 Prln¢lpal addr•g8 Market House Buslness Centre 2 Marlbomugh Road Swlndon Mfjltshire SN31QY Reglstered offlce Market House Buslness Centre 2 Madborough Road Swlndon Wltshire SN3 1QY Ind•p8ndent examlner John Caladine FCCA CTAFCIE Cal8dine Llmlted Chantry House 22 Upp8rton Road Eastboume Easl Sussex BN21 1BF
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) CONTENTS Page Trustees, report statement of trustees, responslbllltles Independent examlnefs report Statement of flnanclal acllvltles Balance Sheet Notes to the flnancial statsments 8-17
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their annual report and financial statements for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and compty with the charity's Memorandum and Articles of Associalion, the Companies Act 2006 and "Accounting and Reporting by Charilies.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland {FRS 102)" (effective 1 January 2019). ObJectlve8 and actlvltles Public benefit The purpose of the JD Church charitable company is to advance the Christian faith for the public benefit In accordance with the Statement of Beliefs aullined in our Artlcles of Association in such parts of the UK or the worfd as the Trustees deem fit. JD Church is a vibrant organlsation whlch Is part of the Acts Churches UK movement. Bel¢yN Is a list of our prlnclpal activltles.. The provision of Christoan event5 and educallon Communlty Impact and Financial Support. Publlc Benefit The trustees have p81d du8 regard to guidance issued by the Charity Commisslon in deciding what activities the charlty should undertake. Achlevemonts and perfoanCe Provision of Christlan events and education The vision of the charlty IS to "Our vlslon is to build the family of God, a communlty of people where every single member wlll be loved, accepted and feel connected. Thls is done primarlly through Christian events and courses. Teachlng on the Christian faith is done both through regular Sunday meetings and JD Groups. These activltles are open to all. Sunday Servlces We are a vlbrant, growlng communty that welcomes people of all ages, backgrounds, and beliefs. We belleve that God's church is Ihe hope of the wodd and can provlde 8 place where everyone can experSence freedom, restoratlon, and fullne88 of Ilfe through a relatlonship wlth God. No matter who you are, you are welcome. We have a passlon to share the hope and fullness of life that people can experience through a relatlonshlp wlth God. We believe that V were created to love God. be loved and love others, and we foster a community where all of these are embraced and lived out. Our vision as 8 church is rooted in encouraglng people to have a relationship wlth Jesus which will lead them into the lullness of lrfe and finding Iheir true purpose in Christ. We absolutely love saying Hello to first time visitors and in 2023 we were able to welcome 274 new vlsllors. because of that Ihe church has grown to 80% of it Is full capacity and we are planning to start multiple services 5ervlce from September 2024 going to two moming services. When somebody says yes to Jesu5, all of Heaven celebrates. and so do we. In 202>2024 we celebrated 116 salvations and 26 baptlsms. JD Gmups Teaching on the Christian faith is a150 done midweek through JD Groups. These are sma51 groups of around 8-12 people who gather online and in communities across Swindon which are open to all. JD Groups have a more interactive fonnat where people can discuss issues, ask question5, share ch811enge5, and pray with each other.
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 riny Treasures and Tiny Treasures Trove Our exciting playgroup for all children under 5 to play. explore and leam about God. We are open for fijn during term time on Friday momlngs from 9.45-11arn. All preschool aged children and their caregivers are welcome, no booking required. During the session your child will have time to play as they explore new toys and learn about God through songs, stories, and craft. We provide free hot drinks and snacks. JD Kids JD Kids is the vibrant, fun-filled, God-centr8d kids ministry here at JD Church, tallored for dlfferent age ranges from 18 months through to Year 5. We provide safe. age-appropriate environments where they leam about Jesus in a creative and relevant way, so you can relax and enjoy the servlce knowing your children are in good handsl All our staff have undergone basic safeguardlng training and are all DBS checked. We have a growing kids ministry wlth over Kids. We have 81so created 8 sensory room to provide an Immersive sensory experience for chlldren on the autism spectrum, sensory rooms are deslgned to have a calming effect that reduces anxlety and Improves focus. In 2023 wa were able to host our 2nd Klds Summer Club wlth over 40 kids attendlng. Count Iwe In Ministy Count Me In Minlstries is dedicated to SUPPOrting indivlduals with additional needs and their famllles, helplng them fully integrate Into the Ilfe of the church and empowering thern to become disciples of Christ. Our mission extends beyond the church walls as we activety reach out to those in our commvnty, ensuring they, too, can encounter Christ's love and grace. Currenlly, we support approximately 12 young people with addilional needs within our church community. Our approach includes deslgning accesslble Sunday lesson plans, developlng personalized support plans with speclfic goals for each young person, and providing dedicated teams to work with them every Sunday. In addition, we host sensory café three tlmes a year, open to the wider community, where young people wlth addition81 needs and their families can enjoy Snacks. warm drinks, a tlme of rest, and induslve activities. We've al80 partnered with local special needs schools lo as51St wilh the religious education MpOnent of their curriculum. Looking ahead, we are committed to expanding our outreach to support even more families In accessing our community. We are also excited to plan a 'Night to Shine, event, celebrating Individual8 wlth learnlng disabilltles in Swlndon. Youth Minlstry Youth Mlnistry Ernerge is a Chrfstlan youth group for 11-18-year-olds. We aim to brin9 fun, energy, and excitement to as many young people as possible. But we also want young people to flnd their true identity and who they were made to be, we believe Emerge is a family where everyone Is loved and accepted. Our youth Ministry have over 50 young people weekly taking part In our programmes. We also H05t a local youth event Synergy where all churches In Swindon are Invited to bring their youth. We also do a lunch club at Lawn Manor Sthool In Old Town building connections with the youth in the school and supporting them in their spiritual joumey. We have also built connection with the school. and they do an annual school trip to our church with around 150 students, and we give them a church experience. We were also invited to St Marys Primary School to do worship wlth the kids during the school assembly. Education and Tralnlng The charity continues to invest in training and educating future leaders and workers through the Alpha Course, Christianity Explored, Discipleship Explored, Marriage Course and Parentlng Course. The volunteers on the programme serve in various areas of the charity's operation5 and receive regular foundational and leadership training through access to our training events as well as one-tCne mentoring and discipleship. We continue to elebrate the succes5 of our training program. with past volunteers now filling leadership roles in different departments of Ihe charity.
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Our Volunteers Our amazing Volunteers help to make our Sunday and mldweek gatherings happan. There are over 90 paople serving gUlartY across all areas of ihe charity, and wo are so thankful for Iheml Communfty Impaet and Flnanclal Support During 2023 up to 31st March 2024 we had £31,000 pledged towards Impact Offering, but Wg received £22,952 as some pledges wer8 not fulfilling. We were pleased to be able to conllnue lo support local charits.es on a monthly basis, support some of our outreach ministries and Évents such as Tiny Treasure Trove. Count Me In, Light Party, Movie March, Christmas Celebrations for th8 community and supporllng people wilh financial difficult in our church cornrnunlty. Flnanclal r•vlew During this financoal year. Ihe charity made a nol deficit on unrestricted lunds of £15.236 (2023.. surplus 01 £56,305>. Funds a131 Marth 2024 amounted to £181,188 {2023: £176,424), Overall. Ihe Truste0$ aro plea59d with tho wults for 202>24 and note Ihe charity is in a heallhy financial posbtion. In accordance with b98t practSce, reserves have been Set at a level equating to 3 rnonths, essentwl core operatlng ¢0sts. Thls currenlly equates to £48,000. Plans lor future perlods Thé focus for the next season, In addltlon to add another seNlce so wo can continue to grthy. Is to look for a venue for 350 seats. In order to do Iha( VA are hoplng to esta>llsh a buildlng fund from 2025. Structurei govomanca and manag•mont JD Church is governed by ils Memorandum and Articles of Associalion. The ch8rity is a company limited by guar8ntee. as defined by the CompaniesAct 2CKJ8. The trusteas, who aro also Iho directors for the purpose of company law. and who seNed durfng the year and up to the date of signature of the financlal statarnents were: Mr M P Collard Mrs M L Dias Mr A Schc8ps Mr M Dos Santos Mrs L Sthoeps (Resigned 31 JY 2023) Recrnilment andappolnement ortnistees The re¢ruitment and appointment of trustees18 dt)ne wilh refer•n¢• to tho GOV.UK wid8lines- Flnd now trustees The tnistees, rewt was approved by the Board of Trustees. MrA Schoeps Trustee
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The trustees, who are also the diractors of Equippets Church sVndOn for the purpose of company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (Unlted Kingdorn Generalty Accepted AGcounting Praclice). Company Law requlres the trustees to prepare financial statements for each financial year which glve a true and fair vlew of the state of affalrs of the charity and of the incoming resources and applicatlon of resources, including the incorne and expenditure, of the ch8rltable company for that year. In preparing these financial statements, the trustees are required to= select suitable accountlng policies and then apply them consistently; observe the methods and princlples in the Charities SORP; make judgements and estlmates that are reasonable and prudent. State whether applicabl8 UK Accounting Standards have been followed, subject lo any materlal departures dSsclosed and explained In the financial ststements; and prepare the financial statements on the going concern basis unless It Is Inappropriate to presume that the charlty wlll continue In operatlon. The trustees are sponsIble for keeping adequate accounting records that disclose wlth r8asonable accuracy at any tlme the financial positlon of the charity and enable them to ensure that the financial statements comply wlth the Cornpanles Act 2006. They are also responsible for safeguarding the asset5 of the charity and hence for taklng reasonable steps for the prevention and detection of fraud and other irregularltles.
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EQUIPPERS CHURCH SWINDON I report to the trustees on my examination of the financial statements of Equippers Church Swlndon (the charlty) for the year ended 31 March 2024. Respongibllftle8 and basis of report As the trustees of the charity land 8150 Its dlrectors for the Purposes of company law) you are responsible for the preparation of the financial statements in acGordance with the requirements of the Companies Act 2006 (the 2006 Act). Havlng satlsfied myself that the financlal ststements of the charity are not required to be audlted under Part 16 of the 2006 Act and are eliglble for independent examlnation, I report in respect of my examination of the charity's financial ststements carried out under section 145 of the ChaT6ties Act 2011 (the 2011 Act). In carrylng out my examination I have followed all the appllcable Dlreclions glven by the Charity Commission under section 145(5)(b) ofthe 2011 Aci. Independent examlneVs statement I have completed my examination. I confirm that no matters have come to my attentlon In connecllon with the examination giving me cause to belleve that in any mat8rSal respect.. accountlng records were not kept In respect of the charlty as requlred by section 386 of the 2006 Act., or the financial statements do not accord with Ihose records.. or the financial statements do not comply with the accounting requlrements of section 396 of the 2006 Act other than any requirement thal the accounts give a true and falr view which is not a matter considered as part of an Independent examlnation.. or the financial statements have not been prepared In accordance with the methods and principles of the Statement of Recornmended Practice for accounting and reportlDg by charities appllcable to chaTilie8 preparing thelr accounts In accordance wlth the Financial Reporting Standard appllcable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters In connection with the examlnatlon to whlch attentlon should be drawn in thls report in order to enable a proper understsndlng of the financial statements to be reached. John Caladlno FCCA CTA FCIE Caladine Limited Chantry House 22 Upperton Road Eastboume Easl Sussex BN21 1BF
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unre8trlcted funds 2024 Unre8tr1cted funds 2023 Notos Income from: Donations and legacies Investments 183,357 1,930 227,873 606 Total Income 185,287 228,479 Expendltur• on: Charilable activities 200,523 172,174 Total oxpendlture 200,523 172,174 N•t Incomel(expendlturg) and movement In lund• {15,236) 56,305 Roconclllatlon of fund8: Fund balances at 1 Aprfl 2023 176,424 120,119 Fund balance• at 31 March 2024 181,188 176,424 The statement of financial activitles Include8 all gains and losses recognised In the year. All income and expendlture derlve frorn contlnulng actlvltles.
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) BALANCE SHEET ASAT31 MARCH 2024 2024 2023 Notes Flxed asséts Tangible assets 12 22,641 18,955 Current assèts Debtors Cash at bank and In hand 13 1,754 139.584 3,040 160,480 141,338 163.520 Creditors: amounts falllng due wlthln on• year 14 (2,791) {4.051) N•t current assets 138,547 159,489 Total assets lass current li4blliti•s 161,188 176,424 The funds 01 tho ¢harlty Unrestricted funds 16 161,188 178,424 181.188 176,424 The company 1$ entltled to the oxempts'on from tho audit requirement contained in section 477 of the Cornpanies Act 2(K)8. for the year ended 31 March 2024. The directors acknowledge their responslbilitles ft)r complying with the raquiremants of the Companl8s Act 20L viilh respect to accounting records and the preparatlon of finandal statem15. The members have not requlred th• company to obt&"n an audit of Its financlal statements for the year in question in accordance with seclion 476. These finandal statements have b88n prepared In occordance with the provlslons applicable to companles subject to tha small c<Knpanies reglme. The financlal $lalements were approved ty th• tru$t8es on . I,.q.(.i.i. i.&c¥ MrA Schoeps Trustee Company reglstration number 08434407 (England and Ilvales)
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Company Infomiatlon Equippers Church Swindon is a PTivate cornpany limited by guarantee incorporaled in England and Wales. The registered office is Market House Business Centre. 2 Marfborough Road, Swindon, Wiltshlre, SN3 1QY. 1.1 Accountlng convention The financial Statements have been prepared in accordance with the charity's governing document, the Companles Act 2006, FRS 102 "The Financial Reporting Stsndard applicable in the UK and Republic of Ireland" I'FRS 102,1 and the Charities SORP "Accounting and Reportlng by Charitles.. Stalement of Recommended Practice applicable to charllies preparing their accounts in accordance wlth the Financial Reporting Standard applicable In the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Enllty as deflned by FRS 102. The charity has taken advantage of the provision8 in Ihe SORP for charitles not to prepare a Slatement of Cash Flows. The financlal statements are prepared in sterling, whlch is the functional currency of the charfty. Monetsry amounts In Ihese financlal statements are rounded to the nearest £. The financial Statements have been prepared under the hisiorlcal cost conventlon. The principal accounting policles adopted are Bet out below. 1.2 Golng concern At the ts'me of approving the financlal statement5, the trustees have 8 reasonable expectation that the charity has adequate resources to conlinue In operational existence for the foreseeable future. Thus the trustees ontinue to adopt the going concern basis of accounting In preparing the financial statements. 1.3 Charltsble funds Unrestricted fund5 are av811able for use at tha dlscretion of the trustees in furtherance of thelr charltable objectlves. Restrlcted funds are sublect to specific conditions by donors or grantors a5 to how they may b& used. The Purposes and uses of the restrlcled funds are set out In the note5 to the financlal staternents. Endowrnent funds are subject lo specific conditlons by donors that the capllal musl be maintained by the charity. 1.4 Income Income is recognised when the charty is legally entitled to it after any perfomiance conditions have been met, the arnounts can be measured reliabty, and it Is probable that incorne will be received. Cash donations are recognised on receipt. Other donations are recogni5ed once the charity has been notified of the donation, unless perfofmance cond61ions require deferral of the amount. Income tax recoverable In relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwlse if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount Is not known, the legacy is treated as a contingent a55et.
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles (Contlnuod 1.5 Expendlture Expenditure is recognlsed once there is a legal or constructive obligation to transfer economic benefrt to thlrd paty, it 15 probable that a transfer of economic benefit5 will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure Is classified by activity. The cost5 of each actlvlty are made up of the total of direct costs and shared costs, Including support costs involved in undertaking each actlvity. Dlrect costs attributable to a single activity are allocated directly to that activity- Shared costs whlch contribule to more than one activty and support costs which are not attributable to a single activity are apportioned belween those actlvtties on a basis consistent wlth the use of resources. Central staff costs are allocated on the basis of time spenl, and depreciation charges are allocated on Ihe portlon of the asset's use. 1.6 Tanglble flxed assets Tangible fixed assets are Initially measured at Cost and subsequently measured at cost or valuatlon, net of depreciatlon and any Impairment losses. Depreciatlon Is recognlsed so a8 to wrlle off the cost or valuatlon of 868ets less thelr residual valuès over their useful lives on the followlng basis.. Plant and equipment Flxtures and fittings Motor vehldes 20a/o stralght line 20Vo stralght line 25% stralght line The gain or loss arising on the disposal of an asset is detemiined as the difference between the sale proceeds and the carrying value of the assel. and is recognised in the statement of financial aGtivlties. 1.7 Impalrni•nt of flxed asset• At each reportlng end date, the charfty reviews the carrying amounts of Ils tanglble assets to detemilne whether Ihere 16 any Indication that those assets have suffered an impairment loss. If any such indlcation exlsts, the recoverable amount of the asset is estimated In order to detemlne Ihe extent of the Impaiment loss (if any). 1.8 Cash and cash equlvalent• Cash and cash equivalents include cash in hand, deposlts held at call wlth banks, other short-term liquld investments with original maturitles of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Flnanclal Instruments The charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Inslruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charty's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presenled in the financial statements, when there is a legally enforceable right to set off the recognised arnounts and there is an intention to settle on a net basls or to realise the as5el and settle the liabillty simultaneously.
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policies Icontlnued) Baslc financlal assets Basic financial assets, whlch include debtors and cash and bank balances, are Inltially measured at transaction price including transaction costs and are subsequently carried 8t amortlsed cost using the effective Interest method unless the arrangement constitutes a financlng transaction, where the transaction is measured at the present Value of the future receipts dlscounted at a market rate of interest. Financial assets dassified as receivable within one year are not arn0.$ed. Baslc flnanclal li•bllltle$ Bas1¢ financial liabilities, including creditors and bank loans are inltlally recognSsed at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument Is measured at the present value of Ihe future payments dlscounted at a market rate of interest. Financial liablllties classified as payable within one year are not amortised. Debt Instrufflents are subsequently carried at amortlsed cost, using the effective interest rate method. Trade credltors are obllgations to pay for goods or seTvlces that have been acqulred in the ordlnary course of operations from suppliers. Amounts payable are classified as current liabilities if payment Is due wlthln one year or less. If not, they are presented as nonwcurrent Ilabilities. Trade credltors are recognised initially at transaction price gnd subsequentty measured at amortlsed cost uslng the effective interest method. Derecognltlon of flnancial Ilabllities Financial liabilltles are derecognised when the charity's contractual obligatlons expire or are dlscharged or cancelled. 1.10 Efflployeo benefits The cost of any unused holiday entitlement is recognlsed In the period in which the employee's services are received. Termination benefits are recognised Immediatety as an expense when the charity Is demonstrably committed to temiinate the employment of 8n employee or to provide termlnation benefits. 1.11 Retlroment bèn•flts Payments to defined contrlbutlon retlrement benefit schemes are charged as an expense as they fall due. Crltlcal accountlng •$tlmate8 and Judgéments In the application of the charlty's accounting policles, the trustees ar8 required to make judgements, estimales and 85sumptions about the carrylng amount of assets and liabilities that are not readily apparent from othor sources. The estlmates and associated assumptions are based on hlstorical experience and other factors that are considered to be relevant. Actual results may differ from these estlmates, The estlmates and underfying a55umptlons are revlewed on an ongolng basi5. Revisions to accounting estimates are recognised In the period in which the estimate is revlsed where the revislon affecls only that period, or in the period of the revislon and future periods where the revision affects both current and future periods. 10-
EQUIPPERS CHURCH SWINDON {FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from donations and legacles Unrestrlcted funds 2024 Unrestrlcted funds 2023 Donations and gifts 183,357 227,873 Donatlon8 and glft Donatlons and legacies Glft aid 157,148 26,209 195,613 32,260 183,357 227,873 Incom• from Inve8tm•nts Unre8trlGted Unrostrlcted fund8 funds 2024 2023 Interest recelvable 1,930 11
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendlture on charitable actlvltles 2024 2023 Dlrect costs Staff costs Depreciatlon and Impairment Team activitieslexpenses Coursesltraininglconferences H05pilality, events and caring JO klds and youth JD worship Telecommunlcations and IT Equipment MarketlnglAdvertlslng Consultancy costs Stationery and resources Repairs, decoration and cleanlng Vehide expenses Other mlnistry costs Rate8 and utilltles Rent Honorariuffl 62.721 7,048 1,365 11,181 9,907 5,759 8.095 3,013 3,297 411 4,457 1,057 3,212 6,754 12,675 6,511 41,855 1,850 50,895 4,501 3,007 9,685 9.499 5.312 1.345 2,773 120 1.954 3,658 500 2,670 2,613 10,070 7,422 41,855 189,168 157,879 Grant fundlng of aGtlvltles18ee note 6) 9,053 10,283 Sharo of 8llPPOrt and governance costs (See note 7 Support Govemance (353) 2,655 1,535 2,477 200,523 172,174 Analysls by fund Unrestricted funds 200,523 172,174 12-
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Grants payable Charitabla actlvlties 2024 Charliable activitbes 2023 Grants to instltutions.. Acts Church Swindon Night Shelter Barnba5Aid Swindon Tiny Treasure Ministry People against Povety- Romanla Youth for Chflsl Swlndon 2,400 1,940 2,550 2,633 1.333 321 626 720 379 300 1,300 6,319 8,183 Grants to Indlviduals 2,734 2,100 9,053 10,283 Support C08ts allocated to actlvltleB 2024 2023 Bank Charges Insurance Govemance costs (691) 338 2,655 1,201 334 2,477 2,302 4.012 etween.. Charitable actlvities 2,302 4,012 The negative bank charg88 figure above Sndudes an adjustment for charges accrued in prevlous perfods. Not movem•nt In funds 2024 2023 The net fflovement in funds is stated after chargingl(creditlng)'. Depreciation of owned tanglble fixed assets 7,048 4.501 Trustees Trustee A Schoeps received Is employed by the Church as a pastor. He recelved a gTO$S salary of £33,00012023'. £29,667) and employers pension contributlons of £803 (2023: £703). Total donatlons from trustees and their related pariies amountsd to £25,685 (2023.. £19,450). During the year, an honorarium of £400 was paid to Mark Collard. trustee, for preaching work undertaken. 13
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Employees The average fflonthty number of employees during the yearwas: 2024 Number 2023 Number Employment costs 2D24 2023 Wage8 and salarle5 other pension costs 62,605 118 50.192 703 62,721 50,895 There were no employee6 whose annual remuneration was mor8 than £60,000. Romuneratlon ol kèy managernent personnel The remuneratlon of key management personnel was as follows: 2024 2023 Aggregate compensation 38,648 33,341 11 Taxallon The charity Is exempt from taxation on Its actlvities because all Its Income Is applled for charitable purposes. 14-
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Tangible fixed assets Pl•nt and Flxiuro¥ •nd •qulpm•nt fittlng• Motor vehiclos Total Cost At 1 April 2023 Addltlons 21,754 12,735 654 4,200 26,608 12,735 At 31 March 2024 34,489 654 4,200 39.343 D•pr•clatlon and Impalrment At 1 Aprll 2023 Depr8clatlon charged In the year 7,950 5,998 654 1,050 1,050 9,654 7,048 At 31 March 2024 13,948 654 2,100 16,702 Carylng amount At 31 March 2Q24 20,541 2,100 22,641 At 31 March 2023 13,805 3,150 16,955 13 Debtors 2024 2023 Amounts falllng due wlthln one year: Other debtor8 1,754 3,040 14 Cr•dltors: amounts falllng due wlthln one year 2024 2023 other taxation and 50clal securty Other creditors Accruals and deferred income 778 751 1,464 1,836 2,013 2,791 4,051 15 Retlrement bgneflt schemes 2024 2023 Deflned ¢ontrlbutlon scheme$ Charge to profit or loss in respect of defined contributlon schemes 116 703 The charfty operates a defined contribution pension Scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently adminlstered fvnd. 15-
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Unrestrictsd funds The unrestrfcted funds of the charfty comprlse the unexpended balances of donatlons and grants whlch are not subjecl to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprll 2023 Incomlng resources Resources At 31 March expanded 2024 General funds 176,424 185,287 (200,5231 161,188 Prevlou• year: At 1 Aprll 2022 Incomlng r•source• Regource• At 31 March •xpended 2023 General fund8 120,119 228,479 1172,174) 176,424 16-
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Operating lease commltments At the reporting end date the charity had outstandlng commltments for future rnlnimum lease payments under non<ancellable operating leases, which fall due as follows= 2024 2023 Wthin one year 26,782 18 Related party tran8actlon8 Mary of the employees of the Church are related to trustees, The gross salary and pension contribullons for these related parties are as follows.. ros er ntrlbutlons enslon A Dos SantO8 B Crathome M Schoeps 1,249 11,188 18,278 109 275 17-