Wynrriatt-Husey Limite CHARTERED ACCOUNTANTS RUGELEY CollllVIu CHURCH LllVIITED TRUSTEs REPORT AND FINANCIAL STATEMENTS FOR THE YEAR KI¥DED 31 DECEMBER 2024 CONTENTS Page Company Infornlation Directors Report tndependellt Examiner's Report Ststement of Financial Activities Balance Sheet Notes to the Accounts 7-10 The old Coach House, Hoe Fair, Ruseley, Stafford5hire, WSI 5 2EL. Tel: 01889 583211 Fax= 01889 575907 E-mail: a5an@wynniait-huwltd.com, rob2rl@wynniatt-hLiseylid.com. ollinla-huseYItd.COM Registed to carry on audit svork in the UK and [tand and regulated for a ranbte of inwe5tment busine55 and consumer credit activities by Ihe Institute of chartered Accountants in England and Wales Directors: R I Wynniatt-Hu5ey FCA FCMA,. I A Mclntosh FCA ATII: A W Dur05e Registered in England No 3722673 VAT No 747840795 ICAEW CHARTERED ACCOUNTANTS Www.1nnl8.hUseyIId.cO.uk
RUGELEY COMMUNITY CHURCH LIMITED COMPANY INFORMATION FOR THE YEAR ElED 31 DEcEIBER 2024 Directors / Trustees AMJ Fisher CD Fielding MJ Ball (resigned 3111212024) RM Rosenberg (appointed 0110112024) Governing Document Memorandum and Articles of Association Company Registration Number 8341226 Charity Registration Number 1152303 Registered Office Rugeley Community Centre Bumthill Lane Rugeley Staffordshire WS15 2HX Independent ExamiDer Wynniatt-Husey Limited Thc Old Coach House Horse Fair Rugeley Staffordshire WS15 2EL Bankers The Co-operative Bank
RUGELEY COMMUNITY CHURCH LIMITED REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 DECEMBER 2024 The Directors have pleasure in submitting the Report and Accounts for the year ended 31 December 2024. The financial statements comply with the Cliarities Act 201 I, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their account5 in accordance with the Financial Reporting Standards for Smaller Entities in the UK and Republic of Ireland (FRS 102) (effective l January 2015). Objects of the Charity Tl)e trust seeks to demonstrate the Christian faith in action by being a Church in the Rugeley area. Government The policy and operating decisions of the cliarity rest with the Directors who tneet regularly to monitor the aGtivitie5 of tlie Coinpany. New trustees are appointed by the board in collaboration with the Church leadership. Revlew of Activities The year was a new chapter for Rugeley Community Cliurch. with a new Pastor, whilst also building on tlie history of So y¢ars as a Church. Chris Fielding. wlio had been Centre Manager since 2019, took on the Pastor role from January 2024. It was a year of slrengthening foundations, both as an organisation and spiritually through teaching and a clearer ViSiL)n. This vision lias united us with purpose and determination to explore what it is to be a Church and our role in Rugeley. Our vision, based on our name, is to see Ru8eLey revivcd to know Jesus, community reslored to what Jesus modelled, and church rcfonned to who Jesu5 says slic is. This is infonning all our teaching, activities and priorities. This has included expository preaching on Matthew's gospel throughout the year, teaching on various key subjects, an Alpha course, the Bible Course, the Romans course, continuation of s¢veral midweek fellow51iip gTOUPS. quartcrly team leader meetings. scveral social events to build relationships, closer working with other churches and seeing many people step up to offer their time and skills. It was also a year of building on our hard work as trustees to Steward well everything that God has given us. This included introducing a quarterly reporting system across all teams, some new policies, tigl)tening up on Centre security, improving on risk management, welcoming on board a new trustee (to Start in January 2025) and our governance work being recognised at a Trussell Trust regional event as being exemplary. It also included making some bi8 dccisions on fmances to bring spending in line with income, particularly for th¢ operation of the Centre. Thi5 included cut5 to spending and sadly making the Operations Manager post redundant after a very careful and prayerful decision-making process. Tlie key responsibilities and duties w¢r¢ spread out across th¢ other roles and workload is being reviewed regularly to ensure it is sustainable. We are confident it will lielp us steward die Centre for the long tenn, where we can cover all running costs from Centre income. The Centre thrived through tlie year. with our busiest year for paid hire bookings and free use by essential local services. This included our weekly lunch club. the weekly gentle exercise, CAB drop-in, mental health support, debt advic4 indoor sports. art activities, perfortning arts, children's activities, baby clinics, addiction suppor¢ bereavement support and miich more. This will be further enhanced in early 2025 by the arrival of a temporary community banking hub in tlie Centre while a perinanent location is arranged in the town centre. After several years of increased demand for our Foodbank services, we are encouraged to see a 30 % d¢creas¢ on 2023 figures. We trust tliat this is partly due to our work in developing fruitful Telationships with many key agencies to help people stay out of crisis. There is still a huge need, reflected in giving out 19,813kg of food and toiletries, which Iielped 2,044 people (1,168 adults and 876 children).
We celebrated thc amazing contribution of Dave Webb, who retired from his Building Manager post of 9 years and were pleased to successfully recruit to his position. We are so grateful to our staff and all our volunteers who have worked so hard. We were also excited to finish a complets overhaul of the website to launch at the start of 2025 and to receive a Support Staffordshir¢ award rccognising our partnership working with local authorities. Financial Revxew Income for the year was £236.402. Expenses for the same period were £238,707 resulting in a deficit of £2,305. Reseryes Policy The B0d of Directors have established a policy whcrcby free reserves held by the charity should be maintained at between 3 and 6 znonths of normal monthly Churcli expenditure. Risk Statement Thc Directors have reviowed the risks to which a small charity operating with few employees is cxposed. Appropriate pmcedures are in place to identify, monitor and review these risks on a regular b&sis. Post Balance Sheet Events The following were appointed as Directors after the year ended 31 Decemb¢r 2024: Mr RS Bowley (appointed 0110112025) Mr K Dougherty (appointed 1910612025) Directors Responsibilities Charity law requires us a5 Directors to PTepare financial statements for each accounting year which give a true alld fair view of the state of the charity and of its income and expenditure for the year. l. Select suitable accounting policies and apply them consistently; 2. Observe tlie methods and principles in th¢ Charities SORP. 3. Make judgements and e5timatcs that are reasonable and prudent, 4. Stste whether the applicable accounting standards have been followed, subjcct to any material departures disclosed and explained in the accounts. 5. Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business. We are responsible for keeping adequatc accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable us to ensure that the financial statements comply with thc Charities Act 2011 and part 15 of tlie Companies Act 2006. We also have a responsibility to safeguard the assets of the charity and to tak¢ reasonable steps to prevent fraud or any other irregularities. Approval This report was approved by the Directors on...27 ?oa( .and signcd on their behalf by: mg
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RUGELEY COMMUNrrY CHURCH LIMITED I have examined the accounts for the year ended 31 December 2024 on pages 5 to 10 following, which have been prepared on the basis of the accounting policies set out on page 7. Respective RpOnsIbIlitieS of Directors l Trustees 2nd Eiaminer The Directors / Trustees of the company are responsible for the preparation of accounts. they consider that the audit requirements under section 144 (2) of the charities Act 201 I do not apply but that an Independent Examination is needed. I have been appointed to conduct an Independent Examination required by section 145 of the Charities Act 201 l and to report in accordance with the regulations made under section 145 of that act. It is my responsibility to examine the accounts, without perforn]ing an audiL and to report to the trustees. Having satisfied rnyself that the company is not subject to audit under company law and is eligible for independent cxamination. it is my rcsponsibility to: l. Examine the accounts under section 145 of the Charitics Act 2011. 2. Follow the proccdures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the Charities Act 201 I; 3. State wh¢ther particular matters have come to my attention. Basls of Examiner's Statement This report is in respect of an examination carried out under section 145 of the Cliarities Act 2011, and in accordance with the general directions given by the Charity Commissioners, An examination includes a review of the accounting records kept by the charity, and a comparison of the accounts presented with those records. It also includes a review of the accounts and making such enquiries as are necessary for the purpose of this report, The procedures undertaken do not provide all the evidence that would be required in an audiL and consequently no 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 statement below. Examiner's Statement Based on my examination. no matter has come to my attention which gives me a reasonable cause to believe that in any material respect, accounting records have not been kept in accordance with section 386 of the Companies Act 2006, or that the accounts presented do not accord with those records. or comply with the accounting requircments of section 396 of the Companies Act 2006 and the Charities SORP (FRS 102). No mattcr has come to my notice in connection with my examination to which, in my opinion, attention should be drawn to cnable a proper undeisL2nding of the accounts. Wynniatt-Husey Limited The Old Coach House Horse Fair Rugeley Staffordshire WS15 2EL Dated... a4
RUGELEY COMMUNITY CHURCH LIMITED sTATEmEr OF FINANCIAL ACTtVITIES FOR THE YEIIR ENDED 31 DECEMBER 2024 Summary of Income and Expenditure Account Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 ote INCOMING RESOURCES Incoming resourcesfrom generatedfunds Voluntary income Donated goods Interest earned Grant 73,042 38.697 43.227 111,739 43,227 3,057 100,676 47,458 2,431 3,057 Charitable aciivities Rental income Other activities Income from sal¢ of asset 75,477 2,902 75,477 2,902 83.727 4,428 Total Incoming Resour¢¢s 154,478 81.924 236,402 238.720 RESOURCES EXPENDED Costs of generating voluntary income Charitable activities 159,563 79.144 238,707 239.757 Total Resources Expended 159,563 79,144 238,707 239,757 Transfer between fimds Net Movement in Funds (5.085) 2,780 (2.305) (1,037) Funds balances at l January 2024 Prior year adjusknent 271.290 123,995 395,285 396,322 271,290 123,995 395,285 396.322 Funds balances at 31 December 2024 266,205 126,775 392 980 395 285 Movements on reserves and all recognised gains and losses are shown above. The notes on pages 7-10 forn] part of these accounts.
RUGELEY COMMUNITY CHURCH LIMITED BALANCE SHEIT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted Restricted Funds Funds 2024 2023 Note FIXED ASSETS TangibIe Assets 184270 184 270 188,000 188,000 204 278 204 278 CURRENT ASSETS Stock Debtors Cash at Bank 31,010 31,010 26,071 163 644 220,725 25.906 17,674 159,344 202 924 26,071 71,609 123 045 CURRENT LIABILITIES Liabilities falling due within one ycar 15,745 15,745 11.917 Net Current Assets 81,935 123,045 204,980 191,007 NFT ASSETS 266 205 126 775 392 980 395,285 FUNDS BALANCES Unrestricted Funds: General Funds 10 266,205 266,205 271,290 Restricted Funds 10 126,775 126,775 126 775 123 995 392,980 395,285 266.205 For the year ended 3 l December 2024 the company was entitled to the exemption from audit under Section 477 of the Companles Act 2006 relating to small companles. The members have not requir¢d the charitable company to obtain an audit of its accounts for the year in question in accordance with Section 476 of the Companies Act- however, in accordance with SLction 145 of the Charities Act 201 L the accounts have been examined by an independent examiner whose report forn)s part of this doGument. The Dirextors acknowledge their responsibilities for: a) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each fmancial year and of its profit or loss for each fmancial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to fmancial statements. so far as applicable to the charitable company. b) complying with section 386 and 387 of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Thes¢ accounts have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companie5. Approved by the Directors and signed for on their behalf on. 17 ALI4vsf Soz ..by: Mrc ding The notes on pages 7-10 fonn part if these accounts.
RUGELEY COMMUNITY CHURCH LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 l. Accounting Policies The financial statements have been prepared in accordance with Accounting and Reporting by Charities." Statement of Recomtnended Practice applicable to charities preparing their accounts in accordance with th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland (FRSI 02) (effective l January 2015) - (Charities SORP (FRS102)). and the Companies Act 2006. Rugeley Community Church Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or trdnsaction vajue unles5 otherwise stated in the relevant policy nate(s). a) Donated 2nd Grant Income Donated income and grants receivable are taken into account when received by the charity. Income received in circumstanc¢5 where a clatm for repayment of tax has been or will be made to HM Revenue & Customs is grossed up for the tax recoverable. Any amount of tsx reclaimed from HM Revenue & Customs but not yet received is shown within the charity's debtors. Donated goods are accounted for at estimated values as described in note 2. b) Other lllcome and Expenditure Investment income is taken into account when receivable and expenditure, including irrecoverable VAT, when incurred by the charity, regardless of when payment is made. Grants payable are taken into account at the earlier of when they are paid or become constructive obligations. Grants for the support of overseas missionaries arc accounted for on the basis of ihe support that relat&s to thc financial year. c) Funds Unrestricted funds are donations and other income Teceived or generated for the objects of thc charity without specified purpose and are available for purposes as directed by trustees. Restricted funds are the amounts received where the donor has specifled the purpose for which it should be used. d) Fixed Assets and Depreciation Fixed assets acquired foi use by the charity are capit21iscd and depreciated ov¢r their estimated useful life unless tliey cost less than £250 when they are written off on purpose. DepreciatAon periods are as follows: Freehold Land Equipment Not depreciated 3-5years e) Pension Costs The company operated a defmed contribution schetne for a certain nurnb¢r of employee5. Pension premiums are charged as they are paid. fj Taxation The company is a re8lStered charity and is exempt from taxation under the In¢ome & Corporation Taxes Acts. Cashflow Statement The company has taken advantage of the exemption provided by the Financia] Reporting Standard l and lias not prepared a Cash Flow Statement for the year.
RUGELEY COIWIIIIUNITY CHURCH LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 2. Voluntary Income Unrestricted Restricted Funds Funds Total 2024 Total 2023 General Donations Tax Recoverable 60,942 12,100 73,042 37,797 900 98.739 90.926 9,750 100 676 111,739 Donaled Goods Foodbank 43,227 43,227 47,458 Income from donated goods is accounted for on the basis of the value of average donations at £2.44 per kilogram multiplied by the weight of donations received, 3. Charitable Activities 43.227 Unrestricted Restricted Funds Funds Total 2024 Total 2023 2) Direet Charitable Costs Salary and pension costs Building costs Churcli activities Professional fees Donations payable Donated goods 95,837 27,782 3.200 306 11,025 8,792 8,500 104,629 36,282 3.200 306 13,525 38,123 196,065 106,109 37,078 2,083 326 10,902 2.500 138.150 204 595 b) Support & AdmiDlStration Administration and office costs Accountancy Sundry costs Depreciation 3,319 1,770 5,313 Ii,oii 15.962 19,281 1,770 5,313 16,278 10,900 1,620 3,633 5,267 21,229 35,162 Combined Charitable Activity Costs 159 563 79,144 238 707 239,757 c) Donations Institutions Individuals 2024 2023 Missionary support The main features of the regular donations were.. First Responders Light For Children Jubilee 600 1,200 600 600 1,200 600 4. Staff & Trustees 2024 2023 Gross wages, salaries & benefits in kind Employer's national insurance costs Pension costs 99,037 1,957 97,966 3,160 104 629 106 109
RUGELEY COMMUNITY CHURCH LIMtTED NOTES TO ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 4. Staff & Trustees (continued) Tlie charity has 3.5 full time equivaleiit employed stsff. Its activities are generally carrled out by volunte¢rs. No staff received salaries at a rate of more than £60,000 per annum. Mr C Fielding was paid £30.000 in his capacity as Community Centre Manager, and not as Truste4 as perniitted by the governing document. The charity also paid £1,200 of employers pensions on behalf of Mr Fielding. No remuneration was paid to any trustee during the year nor to any person connected to them. 5. Tangible Fixed Assets Restricted Funds: Equipment & Fittings Land & Buildings Equipment & Fittings Total 2024 Costs At l January 2024 Additions purchased Disposals At 31 Decelnber 2024 171.240 65,891 23,905 261,036 688 688 260 348 171240 Accumulated Depreciation At l January 2024 Charge for year Disposals At 31 December 2024 41,850 11,011 688 14,908 5,267 56,758 16,278 688 Net Book Value At 31 D¢cetnber 2024 6. Stock 2024 2023 Donated Goods - at cost 7. Debtors & Prepayments 2024 2023 Tax recoverable Other debtors 22,516 9,750 8. Cash at Bank and In Hand 2024 2023 Bank operating accounts 163 644 163 644 159 344 159 344
RUGELEY COTrtfvlUNITY CHURCH LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 9. Creditors: liabilities falling due within one year 2024 2023 Trade creditors Outstanding donations PAYE & other creditors Accruals Payments on account 1,031 1,360 2,363 5,991 682 1,526 2.939 2,370 10. Funds The restricted funds represent amounts received for specific purposes and the movements in the year a as follows: Opening Balance Incoming Resources Outgoing Resources Transfers in the Year Closing Balance Food Bank donated goods Food Bank financial gifts 25,908 43,227 (38.123) 31.012 123 995 126 Food Bank flnancial gifts Contributions to support Rugeley Food Bank. These funds are restricted for the purchase of additional food. where necessary. and development of facilities to enable the Food Bank to best serve its customers. The assets and liabilities represented by various funds are as follows: Bank & Cash Other Net Balances Assets Debtor5 Creditors Total Restricted Funds 92,035 34,740 126,775 Unrestricted Funds 26.071 (15.745) 7I,609 184.270 266,205 219 010 392 980 io