Charity registrdtlon number 1152080 (England and Wales) Company registratlon number 08434407 EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2024 TO 31 DECEMBER 2024 Caladine Chartered Certified Accountants
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr M P Collard Mrs M L Dias MrA Schoeps Mr M Dos Santos Secretary Mrs L Schoeps Charfty number (England and Walu) 1152080 Company number 08434407 Prlnelpal addre89 Market House Buslness Centre 2 Marlborough Road Swlndon Mfiltshlre SN3 1QY Reglsterod offlcg Market House Business Centre 2 Marlborough Road Swlndon Wltshire SN3 1QY Independent examlner John Caladine FCCA CTA FCIE Caladlne Limited Chantry House 22 Upperton Road Eastbourne East Sussex BN211BF
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) CONTENTS Page Trustees, report Statement of trustees. responslblllties Independent examlnerf5 report Statement of finandal aciivities Balance sheet Notes to the flnandal statements 8-17
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE PERIOD ENDED 31 DECEMBER 2024 The trustees present their annual report and financial statements for the period ended 31 December 2024. The financial statements have been prepared in accordance with the accounting pollcles set out in note 1 to the financial statements and comply with the chartty's Memorandum and Artlcles of Association, the Companies Act 2006 and "Accounting and Reporting by ChaTilies.' Statement of Recommended Practice applicable to charities preparlng their accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" leffeGlive 1 January 20191. Oblectlves and actlvltles Equippers Church is a charitable company whose principal oblectlve Is the advancement of the Chrlstian faith for the public benefit, In accordance wlth the Stalemenl of Beliefs outlined in the Articles of Assoclation. The charity operates across the UK and Internationalty, as the Twstees conslder appropriate. Public benefit The Trustees confirm that they hav8 complied with the duty In Sectlon 4 of the Charlties Act 2011 to have due regard to the Chariiy Commisslon's guidance on public benefit In detemilning the charity's actlvities. All activities undertaken by Equippers Church are carried out with the alm of furthering its charitable purposes for the public benefit. Princip81 Activities Equippers Church is part of the Acts Churches UK movement and operates a5 8 vibrant Chrlstlan cornrwnlty. Our principal activitles include.. The provision of Christlan services, teaching, and events., Community outreach, engagement, and financial support. A¢hlevemant8 and perfomianco Christian Servlces and Educatlon Our vision is to "Wln Sou15, Make Disciples, Transfonn Communitie8 and Transform Nations.. This vlslon Is brought to Ilfe through various church programmes, including Sunday services, small groups IE-Groups), educational courses, and community mlnlstries. Sunday Servlces Equippers Church hosts dynamlc Week services that are Incluslve and Dpen to all. In 2024, we welcomed 261 f4rst- time visitors and, due to growth, launched a second Sunday morning service In September. During the year, we celebrated 78 salvatlons and 19 baptisms, reflectlng m8anlngful engagement In th8 Chrlstian failh. E-Groups Mldweek E-Groups continue to be a vltsl part of our discipleship strategy, meeting a¢ross Swlndon in homes and public spaces. These interactive gatheiings foster spiritual growth, peer support, and prayer. Children's Ministy.. Tiny Treasure and E-Klds Our playgroup. Tiny Treasure and Trove, runs term-tlme Fridays ft)r under-5s and their caregivers. Adlvlties Include free play, storytelling. crafts, and songs, supported by refreshments and a welcoming envlronment. E-Kids offers age-approprSate faith-based education for children from 18 monlhs to Year 5. All volunteers are DBS- checked and trained in safeguardlng. In 2024, we hosted our third Kids Summer Club, attended by over 50 thildren. We also introduced a sensory room designed lo support neurodiverse chlldren in a calming, inGlusive environmenL Count Me In Ministry This mlnisty supports approximately 20 young people with additlonal needs, offering bespoke lesson plans, support strategies. and one-to-one assistsnce. In 2024. we hosted three sensory cafés and strengthened partnerships with local special education schools. Plans are undefway for our first Night to Shine celebration event in 2025.
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 Youth Ministy.. Emerye Our youth programme, Emerge, is a vibrant and growing ministry that engages over SO young people weekly, providing a dynamic mlx of discipleship, personal development, and practical skllls training. Open to all young people aged 11-18, Emerge aims to be a welcoming, incluslve, and supportive environment where young people feel seen, heard, and valued. At the heart of Emerge is the desire to see young people discover thelr true identity and purpose In Christ. Through faith-based teaching, small group d15cussions, WOTshlp, and mentorship, we help them grow In their spiritual joum8y while also addressing the real-life challenges they face. In addition to spiritual development. the programme is designed to equip youth with tanglble, transferable skills that build confider¢ce and foster leadershlp, Participant5 have the opportunity to engage in a range of creallve and technical 8re8s, including-. Graphlc Design - teachlng digital and creative tools to design vlsual content for events and soci81 media., Sound and M8dia - training In audiolvi5ual production, live sound engineering, and media operation during servlces; Muslc - opportunitles to lèarn Inslruments, joln the youth band, and develop muslcal talent in a wor6hip context. By offering these skills in a 5UPPOrtive. failh-centred setting, Efflerg8 helps young people grow In confidence, develop responsibility, and gain a sense of purpose. The skills they acquire not only benefit the lrfe of the church but also prepare them for future educational and career opportunities. Importantly, Ernerge serves as a safe space where young people from diverse backgrounds can fom friendshlps, explore their faith, express themselves creatively, and find encouragement from mentors and peers. We believe that every young person has unique potential, and through Emerge, we are committed to helplng Ihem step into that potential wth faith, confld8nce, and hope for their future. Educatlon and Leadership Development Equippers Church contlnues to invesl In leadeTshlp development through structured programmes such as Alpha, Christlanity Explored, and Discipleshlp Explored. Volunteers are trained through regular events, mentoring, and actlve lead6rshlp roles, contrlbutlng to th8 long-temi sustalnability of church operations. Volunteer Contributlon The work of Equippers Church is made possible by our team of over 110 dedlcated volunteers who serve across all departments. Their time, energy, and passion are instrumental to the charity's Gontinued impact and success. Community Impact and Flnancial Support In 2024, donations recelved towards our Impact Offering enabled the church to.. Provide consistent monthly support to local charitles., Deliver communlty events including Ttny Treasur8, Count Me In, Llght Party, Movle March, and Chrlstmas Celebration5', A5S15t Indlvlduals wRhin our church family faclng financial hardshlp. We are also pleased to announce preparations for a new church plant in Braga, Portugal, whlch is set to launch in September 2025. Flnan¢lal revlew The financial period ended wilh a net surplu5 of £5.239 (Mar 2024.. deficit £15.2361, and a period-end balance of £166,427 (Mar 2024.. £161.188). The Trustees are satisfied that the charity remains in a strong financial position. In accordance with best practlce, reserves have been set at a level equivalent to three months. essential core operating costs, currently calculated at £48,000. These reserves are intended to ensur8 flnancial stability and enable the chartty to respond to unforeseen challenges. Plan5 for the Future In 2025. Equippers Church will focus on continuing to grow and equlp our UK-based communlty while advancing our church planting initiative abroad, beginning with our new location in Portugal.
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 Structure, govemance and managoment Equippers Church is a charitable company limlted by guarantee, govemed by Its Memorandum and Articles of Association. The charity is r8glstered in England and Wales under: Company Number.. 08434407 Charity Number.. 1152080 The trustees, who are also the directors for the purpose of company law, and who served durlng the perlod and up to the date of $lgnature of the financial statements w8r8'. Mr M P Collard Mrs M L Dlas MrA Schoeps Mr M Dos Santos R8cruitment and appDlnfm8nt of trustees The Tru5tee5 are responsible for the govemance and stralegic oversight of the charity, ensuring compliance wlth the Companles Act 2006 and Charftles SORP IFRS 1021. The Trustees safeguard the assets of the charity and take appropriate measures to prevent fraud or financial mismanagement. Trustees are recruited by the existing Truslees vtho may identlfy the need for additional Trustees to be appolnted as the demands of the charity continue to develop, and 8s and when existing Trustees stand down from office. The TTUStees will Identity a suitable candidate to act as a Trustee, based on a series of factors including their character, experience, specialist skills and chemistry with the existing Trustees. Subsequently the candidate will be approached by one of the current Trustees to establish their willingness to consider the role. They may be Invited to slt In on meetlngs as an obseNer untll they reach a decision. If they accept they will be foTmally appointed to the board at the next meeting. The Chalrm8n of the board of Trustees will ensure that they are given any necessary induction and training for the role. This will depend on thelr previous experience in similar roles. The new Trustee wlll be given tasks suitable to thelr experience level. The Trustees are responsible for ensurlng that 8dequata accountlng records are malntalned and that flnanclal ststements provlde a true and fair view of the financlal position and acllvltles of the charlty, Thi8 report Is prepared in accordance wlth the special provisions applicable to ¢ompanles subject to the small companies, regime under Part 15 of the Companles Act 2006 and In accordance wilh the Charllles SORP (FRS 1021. The trustees, report was approved by the Board of Trustees. MrA Schoeps Trustee Date.. ..i.J..l.o.q l.3..oa
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE PERIOD ENDED 31 DECEMBER 2024 The trustees, who are also the directors of Equippers Church Swindon for the purpose of company law, are re6ponslble for preparing the Trustees, Report and the financial statements in accordance wlth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice)- Company law requires the trustees to prepare financial statements for each flnancial period which give a Irue and fair view of the state of affairs of the charity and of the incoming resources and applicatlon of resources, includlng the income and expenditure, of the charitable company for that period. In preparlng these financial statements, the trustees are required to.. select sultable accounting policles and then appty them conslstently; observe the methods and prlnciples in Ihe Charities SORP., make judgements and estlm8tes that are reasonable and prudent.. state whether appllcable UK Accountlng Standards have been followed, sublect to any malerial departur85 disclosed and explained in the financial statements-, and prepare the financial statements OD the golng concem basls unless it 16 Inapproprfate to presume that the charity will continue in operation. The trustees are responslble for keeplng adequate accountlng record5 that dlsdose with reasonable accuracy at any lirne the financial position of the charity and enable them to ensure that the financial statements comply with the Companles Art 2008. They are also responsible for safeguardlng the assets of the charity and hence for taking reasonable steps for the prevention and detectlon of fraud and other irregularftie5.
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 ststements of Equlppers Church Swlndon (the charity) for the perlod ended 31 December 2024. Responsibllltles and basls of report As the trustees of the charity (and also fts directors for the Purposes of company lawl, you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Havlng satisfied myself that the financial statements of the charity are not requlred to be audlied under Part 18 ot the Companles Act 2006 and are eliglble for independent examlnation, I report in respect of my examination of the charity's financial statements carrled out under section 145 of Ihe Charities Acl 2011. In carrylng oul my examination I have followeLI Ihe Directions given by the Charity Commission under section 145151(b) of Ihe Charlties Act 2011. Indepgndent examlne¢8 slalgment I have compleled my examination. I confirm that no matters have come to my attentlon in connectlon wlth the examinatlon giving me cause to believe that In any materlal respect. accounting records were not kept In respect of the charity as required by sectlon 386 of the Compgnles Act 2006. the financial statements do not accord with those records., or the financial statements do not comply wlth the accounting requirements of secllon 396 of the Companies Act 2006 other than any requirement that the financlal ststements glve a true and falr view, whlch is not a matter considered as part of an independent examinatlon,. or the financial Statements have not been prepared in accordance with the methods and prlnciples of the Statement of Recornmended Practice for accounting and reporting by chaTilies applicable to chaTltles preparlng their finandal statements in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examinalion to which attention should b d aw this report in order to enable a proper understanding of the financial statements to be reached. John Caladlne FCCA CTA FCIE Caladine Limited Chantry House 22 Upperton Road Eastbourne East Sussex BN21 1BF Date.. K. .,k aol<
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 DECEMBER 2024 9 months 12 months to 31.12.24 to 31.03.24 Unrestrlcted Unrestrlcted funds funds 2024 2024 Note8 Income from: Donations and legacies Investments 169,253 2,168 183,3S7 1,930 Total Income 171,419 185,287 expèndlturo on: Charitable a¢tivltl8s 166,180 200,523 Total exp•ndlture 188,180 200,523 Net Incomel{expendlturo) and movoment In fund8 5,239 (15,236) Reconclllatlon of funds: Fund balances at 1 Aprll 2024 161,188 176,424 Fund balances at 31 Dacomber 2024 168,427 161,188 The ststement of financlal actlvltles indudes all galns and losses recognlsed in the perlod. All income and expendlture derlve from continuing actlvllles.
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2024 Fixed assets Tangible assets 12 15,593 22,641 Current assets Debtors Cash at bank and In hand 13 3,398 151,740 1,754 139,584 155,138 141,338 Credltor8: amount• f•lllng due wlthln one year 14 (4,304) (2,791) N•t currnnt a8S8t8 150,834 138,547 Total as*•ts le88 current Ilabllltl•8 166,427 161.188 Tho funds of the charlty Unrestricted funds 166,427 181,188 166,427 161,188 The company is entltled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the perfod ended 31 December 2024. The directors acknowledge thelr responsibilities for complylng wilh the requlrements of the Companles Act 2006 wlth respect to accounting records and the preparation of flnanci81 statements. The members have not required the company to obtain an audlt of Its financial stalements for the period In questlon in accordance with secllon 476. These finandal statements have been prepared in accordance wlth the provlsions 8ppllcable to companles subject to the small companies r8glme. The financlal statements were approved by the trustees on . 041.9.8.lao.as Mr A Schoeps Trustee Company registration number 08434407 (England and Wales)
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 Accountlng pollcles Company infomiatlon Equippers Church Swindon is a private company limited by guarantee incorporaled in England and Waks. The registered office Is Market House Business Centre, 2 Marlbofough Road, Swlndon, Wiltshire, SN3 1QY. 1.1 Reportlng perlod These Accounts cover the period of 1 st Aprll 2024 to 31st December 2024. Following the change of name the shorter period is to allgn the charity accounts with other Equippers Churches. The comparatives cover the period 1st April 2023 to 31 March 2024 and the amounts presented in the financlal statements to 318t December 2024 are not entlrely comparable. 1.2 Accountlng conventlon The financial ststements have been prepared In accordance with the char5ty'S governlng document, Iha Companles Acl 2006, FRS 102 'The Flnancial Reporting Standard applicable In the UK and Republic of Ireland. ('FRS 102.1 and the Charitie5 SORP "Accounting and Reporting by Charities.. Slatement of Recommended Practice applicable lo charities preparing their accounts In accordance wSth the Flnancial Reporting Standard applicable In the UK and Republic of Ireland {FRS 1021" leffeclive 1 January 2019). The charity Is a Public Benefit Entity as deflned by FRS 102. The chartty has laken advantage of the provisions in the SORP for charities not to prepare a St8tanent of Cash Flows. The financial statements are prepared In sterling, which is the functional currency of the charty. Monetary amounts in these financlal statements are rounded to the nearest £. The financSal statements have been prepared under the hlstorical cost conventlon. The principal accountlng policies adopted are set out below. 1.3 Golng concern At the time of approving the financial statements, the trustees have a reasonable expectatlon that the charity has adequate resources to continue In operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basls of accountlng in preparing the financial statements. 1.4 Charltable funds Unrestricted funds are avallable for use at the dlscr8tion of the trustees In furth8rance of their chgrltable oblectives. Restrlcted funds are subject to speclflc condltlons by donors or grantors as to how they may be used. The purposes and uses of the restrlcled funds are set out in the notes to the financial slatements. 1.6 Income Income is recogn15ed when the charity is legally entitled to It after any performance conditions have been met. the amounls can be measured reliably, and il is probable that income will be received. Cash donations are recognised on receipt. other donations are recognised once Ihe charity ha5 been notified of the donation, unless performance conditions requlre deferral of the amount. Income tax recover8ble in relation to donations received under Gift Aid or deeds of covenant is recognised 8t the time of the donation. Legacie5 are recognised on receipt or otherwise 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 a5 a contingent asset.
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 Accounting pollcles (Continued 1.6 Expendlture Expenditure is recognised once there is a legal or constructive obligatlon to transfer economlc benefit to a third party, it is probable that a transfer of economic benefits wlll be required in settlement, and Ihe amount of the obligatlon can be measured reli8bty. Expenditure Is ¢lassified by activity. The St8 of each activity are made up of the total of dIrt costs and shared costs, including support costs involved in undertaking each activity. Dlrect costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one 8Ctivlty and support COSts which are nol attributable to a single activity are apportioned between those activitles on a basis consistent with the use of resources. Central staff costs are allocated on the basls of time spent, and depreciation charges are allocated on the portlon of the asset's use. 1.7 Tanglble flxed asjets Tangible fixed assets are initially measured at cost and subsequently measured el cost or valuation. net of depreciation and any Impairment losses. Depredation 15 recognised so a5 to write off the cost or valuatlon of assets less thelr residual values over their useful lives on the followlng basis= Plant and equipment Fixture8 and fittings Motor vehldes 20¥0 straight line 20Yo straight line 25% straight line The gain orloss arising on the disposal of an asset Is detennined as the difference betsveen the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.8 Impalrnient of fixed a88et8 At e8ch reportlng end date, the charity reviews the carying amounts of its tangible assets to determlne whether there is any Indication that those assets have suffered an impairment loss. If any such indallOn exists, the recoverable amount of the asset 1$ estimated in order to determin8 Ihe extent of the impairment loss {if any). 1.9 Cash and ca8h equlvalent8 Cash and cash equivalents Include cash in hand, deposlts held at call wlth banks, other short-term Ilquld investments with orlginal maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within boow1ng6 In currenl Ilabilities. 1.10 Flnanci41 Instruments The charity has elected to appty Ihe provislons of Section 11 '8asic Financlal Inslrumenls, and Seclion 12 'other Fin8ncial Instrument5 Issues. of FRS 102 to all of its financial instruments, Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of Ihe instrument. Financial assets and liabilities are offset, with the net amounts presented in the financlal statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability slmultaneously.
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 Accounting pollcles Icontlnued Basic flnancial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transactlon price including transaction costs and are subsequently carried at amortised cost uslng the effective Interest method unless the arrangement constitutes a financing transaction, where the transaction is measured al the present Value of the future receipts discounted at a maikel rate of Interesl. Financial assets c18ssified as receivable within one year are not amortised. Basic flnancial liabilitles Basic financial liabilitles, Includlng credltors and bank loans are initl8lly recognisad at transaction price unl8SS the arrangement constitutes 8 finanGlng transaction, where the debt instrument is measured at the present V81ue of the future payments discounted at a market rate of interest. Flnanclal Ilabilities classified as payable wlthln one year are not amortlS8d. Debt in8tTuments are subsequen15y carried at amortised cost, U81ng the effectlve interest rate method. Trade credltors are obligations to pay for goods or services that have been acquired in the ordlnary course of operations from suppliers. Amounts payable are classlfied as current Ilabilities if payment is due wlthin one year or less. If not, they are presented as non-current liablllties. Trade creditors are recognised inltially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognltlon of financlal Ilabllltie5 Financial liabilities are derecognised when the charlty's contractual obligatlons expire or are discharged or cancelled. 1.11 Employee beneflts The cost of any unused holiday entillement is recognised In the period In which the employee'8 servlces 8re received. Temilnatlon benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.12 Retlremont beneflt8 Payments to defined Gontrlbutlon r8tlrement benefit schemes are charged as an expens8 as they fall due. Crltlcal accountlng •stlmates and Judgements In the appllcallon of the charity's accountlng pollcles, the trustees are rèqulred to make judgèments, estlmales and assumptions about the carrying amount of assets and liabilities that are not readlly apparent from other sources. The estimates and associated assumptions are based on historical experlen¢e and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised In the period which the estimate is revised where the revision affects cnly that period. or in the period of the revision 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 PERIOD ENDED 31 DECEMBER 2024 Income from donatlons and legacles Unrestrlcted funds 2024 Unrestrlcled funds 2024 Donatlons and glfts 189,253 183,357 Donatlons and glfts Donations and legacles GIft.d Tax refunds 145,569 23,684 157,148 26.209 189,253 183,357 Incomg from Investment• Unrostrlcted Unrestrfcted fund8 funds 2024 2024 Interest recelvable 2,166 1.930 11
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 Expendlture on charitable actlvltles 2024 2024 Dlrect costs Stsff costs Depreciation and impaimient Team activitleslexpenses Coursesnralninglconferences Hospltallty, events and carfng JD klds and youth JD worship Telecommunlcatlons and IT 57,879 7,048 158 10,517 1,119 3,978 7,899 2,554 62,721 7,048 1,365 11.181 9.907 5,759 6,095 3.013 F 11 Equipment MarketinglAdvertlslng Consultancy costs Stationery and resource5 R8pairs, decoratlon and cleanlng Vehicle expenses other minlstry Costs Rates and utllitie8 Rent Honorarium 2,840 1,241 1,848 956 1,700 4,897 8,255 5,025 33,887 2,151 3,297 411 4,457 1.057 3,212 6,754 12,675 6,511 41,855 1,850 153,752 189.168 Grant funding of 8Ctivlties (see note 6) 8,446 9,053 Share of •upport and governance co•ta (see note n Support Govemance 1,367 2,615 (353) 2,655 166,180 200,523 Analysls by fund Unrestrlcted funds 186,180 200,523 12-
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 Grants payable Charltabl8 actlvltles 2024 Charltable activltles 2024 Grants to instltutlons.. Acts Church Swindon Night Sheltsr Tiny Treasure Ministry People agalnst poverty - Romania Youth for Christ Swindon Equippers Ghana Church Plant other 1,800 1,200 2,400 1.940 379 300 1,300 100 2,000 2,016 480 7,596 6.319 Grants to indivlduals 850 2,734 8,448 9,053 Support co•ts allocated to actlvltle8 2024 2024 Bank Charges Insur8nce Govemance costs 1,113 254 2,615 (691) 338 2,655 3,982 2,302 Charftable actlvltles 3,982 2.302 The negatlve bank charges fflgure above (comparative) Indudes an adjustment for charges accrued In prevlous periods. Net movement In fundB 2024 2024 The net movement in funds is stated after chargingl(creditlng): Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets 900 7.048 840 7,048 13-
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 Trusteeg Trustee A Schoeps received is employed by the Church as a pastor. He received a gross salary of £30,000 (Mar 2024: £33,000) and employers pension contributions of£1,260 (Mar 2024.. £8031. Total donations from trustees and thelr related parties amounted to £15,478 (Mar 2024.. £25,685). 10 Employeos The average monlhly number of employees durlng the perlod was.. 2024 Number 2024 Number Employm•nt costs 2024 2024 Wages and salaries Other pension costs 55,812 2,067 82,605 116 57,879 62,721 There were no employees whose annual remuneration vms more than £80,000. Remuneratlon of key management pornonn•l The remuneration of key managemant personnel was as follows: 2024 2024 Aggregate compensation 34,458 38,648 11 Taxatlon The charlty Is exempt from tsxallon on Its activities be¢ause all its income Is applled for charitable purposes. 14-
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 12 Tanglble fixed assets Plant and Flxtures and equipmènt flttlng* Motor v•hl¢les Totol Cost At 1 Aprll 2024 34,489 654 4,20D 39,343 At 310ecember 2024 34,489 654 4,200 39,343 Depreclatlon and Impalrment At 1 April 2024 Depreciation charged In the period 13,948 5,998 854 2,100 1,050 16,702 7.048 At 31 December 2024 19,946 654 3,150 23,750 Carrylng amount At 31 December 2024 14,543 1,050 15,593 At 31 March 2024 20,541 2,100 22,641 13 Debtor8 2024 2024 Amounts falllng due wlthln one year: other debtor8 3,398 1,754 14 Credltorn: amount8 falllng due wlthSn one y•ar 2024 2024 other taxatlon and soclal security other creditors Accruals and def8rred income 995 1,023 2,288 778 2,013 4,304 2,791 16 Rgtlrement beneflt 8chemeg 2024 2024 Deflned contrlbutlon schernes Charge to profit or105s in respect of defined contribution schemes 2,067 116 The charity operates a defined contrlbution pension scheme for all qualifying employees. The asset5 of the scheme are held separately from those of the charity in an independently administered fund. 15-
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 16 Unre8trlcted fund8 The unrestricted funds of the charfty Gomprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as lo how they may be used. These include deslgnated funds which have been set aslde out of unrestrlcted funds by the trustees for specific Purposes. Incomlng Resources resourceg expended At31 December 2024 2024 General funds 161,188 171,419 (166,180) 166,427 Prevlou8 y•ar. At 1 Aprfl 2023 Incomlng re8our¢es Resources At 31 March expended 2024 General funds 178,424 185,287 1200,523) 161,188 16-
EQUIPPERS CHURCH SWINDON (FORMERLY JD CHURCH LTD) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 17 Operating leaso commitment8 At the reporting end date the charity had outstanding commltments for future mlnimum lease payments under non-cancellabl8 operating leases, which fall due a5 follows.. 2024 2024 Note The Church entered Into new lease's for premises at 1- 2 Marlborough Road on the 12 February 2025 for a period of 3 years at £2,120 per month. and 27 February 2025 for a period of 3 years at £1,881.98 per month. 18 Relatod party trangactlon8 Tran•¥¢tlon• wlth relatsd partle• Durlng the period the charlty ent8red into the followlng tran8adlons with related p8rt1es: Many of the employees of the Church arè related to trustees, The gross salary and penslon contrlbutlons for these rel8ted parties are as follows.. contrlbutlons A Dos Santos B Crathome M Schoeps 832 10,400 14,976 292 515 17-