COMPANY REGISTRATION NUMBER: 08403880 CHARITY REGISTRATION NUMBER: 1152389 Five Towns Christian Fellowship Company Llmited by Guarantee Unaudited Financial Statements For the year ended 31 March 2024 Townends
Five Towns Chrlstlan Fellowshlp Company Llmlted by Guarantee Flnanclal Statements Year ended 31 March 2024 Pages Tru5tees' annual reporl lincorpoiating the direclors, reporll 1104 Independent examinerfs report to the trustees statemenl of financial aclivities (including income and expendilure accounti statement of financial posilion Notes to the financial statements 8t016
Flve Towns Christian Fellowship Company Llmlled by Gvarontee Trustees, Annual Report (Incorporallng Ihe Dlveclors. Report) Year ended 31 March 2024 The fru5tees, who are also Ihe directors for the purposes of company law, present their report and Ihe unaudited financial slatements of Ihe charity for Ihe year ended 31 March 2024. Relerence and admlnlstratlve detall$ Reglslered charlty name Five Towns Chtislian Fellowship Chorlty reglslrollon number 1152389 Company reglstiallon number 08403880 Prlnclpal offlce and reglstered Five Towns Christian Fellowship offlce Beancroft Street Half Acres Ca5tleford West Yorkshire WF105RR The Iruslees B Weathers SPKaye P A Jones M Hodgelt C Weathers Company secretaiy M Hodgett Independent examlner Miss T J Maeer FCA of Townends Accountants LLP Fulford Lodge l He51ington Lane Fulford York Y0104HW strvclure, governance and managemenl The organisation is o choiiloble company limited by guarantee, incorporaled on 14 February 2013 ond registered as o charity on 12 June 2013. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of A550ciation. Under those Articles. Trustees demonstrating their Christian faith may be appoinled and serve as members.
Five Towns Christian Fellowship Company Llmited by Guarantee Truslee$' Annual Report (Incorporollng Ihe Dlrector$' Report) (conllnued) Year ended 31 March 2024 ObJecllve5 and acflvlfles The objeclives of Ihe Charily are Ihe proclamation and fuTlherance of Ihe Chrislian faith and the demonslration of practical Christianily through olher charitable works. wilhin the Five Towns area of West Yorkshire, Ihroughout the UK and overseas. The Charily pursues its objectives by providing regular services of worship, preaching, teaching and prayer that is open to oll members of the community, We are committed to furthering the Christian laith by increasing the number of people who have the opportunity to worship and be changed by hearing the gospel of Jesu5. so they may be able to live out their faith and demonstrate works of praclical Christianity. We maintain a church building in Castleford which. for many years, we used duiing the week for prayer meetings, support for the elder and active youth and children'5 work. The five year agreement (executed in 20181 with a local sixth lorm college, which enables us to hold a weekly service of worship at their premises. has come to an end. However, the college have agreed an extension Ifree of charge) to August 2025 to compensate for the period during Covid-19 when the college was not open. Pastoral care and encouragemenl towards works ol praclical Christianity Is another main elemenl ol our work. This is ochieved through experienced slafl and volunleers oflering support in the local communily and Ihrough home-ba5ed group5 thot enable people to support and encourage each other to mainlain a strong faith Ihat resulls in works of practical Christianity. Our outreach activities consist of a number of special activitie5 and events designed to make contact with people in the local community. to provide the opportunily for them to learn more about and consider the Christian faith. This year we have been granted funds on mental health and wellbeing, and also working alongside the Saviour Trust. a charity working towards ending homelessness throughout Yorkshire. We have set up a pantry provision with Ihe assistance of Eastmoor CIC. This is not a foodbank, but a community pantry which offers food, cleaning and personal products. This costs £5 per shop for members but the average value of each weekly shop is £30. When plonning our activities for the year, we have considered the Commission's guidance on public benefit and, in particular. the specific guidance on chaiilies for the advancement of religion. This can be seen above and in our summary of activities and achievemenls. Achlevements and perfoimance The core aclivities of preaching. leaching and prayer designed lo encourage and equip members of the church to acts of seivice continued during the year. Consistency in this respect remains a key priorily for us. These activitie5 are maintained through a core of experienced internal staff and volunteers. supplemented with nationally recognised external preachers and teachers.
Flve Towns Christian Fellowship Company Llm61ed by Guarantee Trustees, Annual Report {Incorporallng Ihe Dlreclor$' Reporl) (contlnued) Year ended 31 March 2024 Achlevemenls and performonce (conllnuedj There have been no changes in Ihe year to the broader leadership leam. The head of community engagemenl has continued lo have a posilive impacl and hos increased the breadth of the church programme and slrenglhened our links into the community. In particulor, our pastorol team now provides suppoil lo four local high schools and a local sixth form college, Ou15ide of Ihi5 Specific area, the pastoral team also provide proctical care and suppoil lo those Ihal need il and conlinue to make a strong contribution to the operation of the church. To that end, the trustees are pleased to report that the church enters 2024125 in as 51rong a position as It has been for some time in relation to deploying financial resources to increase its capabilily in the areas of outreach and practical support ministries. Our relatively informal departmental operating structure continues to be the system by which we are able to Tvn our day-to-day activities efficiently. enabling a high proportion of volunleers to take responsibility in the life of Ihe church. Co-operation continues to be strong and the improved use of our internet-based diary tools has allowed volunteers to interact and belter manage core activities and special projects. Our children's work maintoined its weekly Sunday School aclivities and our midweek playgroup, Busybodies, conlinued to offer young children and Iheir parents a high quality 5etvice. Our link5 Wlth the local community remains strong. through our interaction with schoo15 and our thriving G4orce programme for eight to twelve year olds. The programme continues to receive excellenl feedback from parenls and children. During the previous year, a grant was received from the local council and this wa5 used lo sel up and Tun an open access youth provision from our Castleford premises. This has continued in the Current year. The exercise class for seniors has ceased to meet this year. The Charity held its 'lorge events, programme in full this year,. evenls around Easter, a community day in September and a Christmas progromme. Flnanclal revlew Full details of the financial transaclions are contained in the Accounts. The Charity enjoyed a surplus of £157k for Ihe year. The net asse15 of Ihe Chority al 31 March 2024 were £2.991 million. The Irusfees consider Ihe Charity'5 financial position is strong. The Charity employs three staff al 31 March 2024. The two youlh and family workers lell during the year for alternative employmenl, and a member of Ihe church joined to a55lSt with the mental health and wellbeing programme.
Flve Towns Chrlstlan Fellowship Company Llmlled by Gvaranlee Truslee5' Annual Report (IncorpoTallng the Dlieclors. Report) (conllnued) Year ended 31 Maich 2024 Flnanclal revlew (conllnued) Reserves pollcy The trustees review their reserves policy annually. Although building up reserves is not PTirnarily an aim of the trust, provided it is able to meet the reqvirements of 115 principol objeclives, it does lake the opportunity to augment Ihe general reserves to provide a capital base thal ollows the trustees to consider options lor future investmenls Ihal will support Ihe long-term future of the trust andlor allow the expansion of its activities. Investment pollcy The trustees have the power to invesl as they see fit. and review the market on a regulor basis. The charity investment product of the trustees. preferred investment partner remained closed Ihroughout the year. The Trustees, decided to commence a review ol alternative options, which is expected to conclude in 2024125. In the interim, the charity opened inlere51 bearing accounls and placed funds on shorl term dep05i15 to maximise interesl income. Rlsk management Through Ihe formal process that is part of Ihe trustees, work plan the trustees have assessed the major risk5 to which the tTusI is exposed. in parlicular to those related lo Ihe operations and finances, and are satisfied that adequale systems are in place lo mitigale exposure to the major risks. A review of this process is undertaken at leasl annually. Small company provlslons This report hos been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees, annual report (incorporating the director5, report) was approved on 23 December 2024 and signed on behalf of the board of trustees by: P A Jones Truslee
Five Towns Christian Fellowship Company Llmlted by Guarantee Independent Examlner's Report to the Trustees of Flvo Towns Chrlsllan Fellowshlp Year ended 31 March 2024 I report to the trustees on my examination of the financial stalemenls of Five Towns Christian Fellowship I'the charity'l for Ihe year ended 31 March 2024. Re5ponslbllllles and basls of report The trvslees (who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the financial statements. The trustees consider that an audil is not required for this year under section 14412) of the Charities Act 2011 (the 2011 Acti and that an independent examination is needed. Independent examlner's stalemenl Since the charily's gross income exceeded £250,cMxI your exomlner musl be a member of a body lisled in section 145 of the 2011 Acl. I confirm that l am qualified to underloke the exominafion because l am a member of Ihe Institute of Chartered Accounlanls in England and Wales IICAEWI, which Is one of the lisled bodies. I have completed my examination. I confirm Ihat no matters have come to my attention in connection with Ihe examination giving me cause to believe: accounting records were not kept in respect of the charily as required by section 386 of the 2006 Act: or the linancial slalements do not accord with those records; or the financial statements do not comply with Ihe accounting requirements of section 396 of the 2006 Act olher than any requirement Ihal the accounls give a 'true and fair, view which is not a matter considered as part of an independent examination,. or the finonclal statemenls have not been prepored in accordance with the methods and principles of the Statemenl of Recommended Practice for accounting and reporling by charities applicable to charities preparing Iheir accounts in accordance wilh Ihe Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no olher matters in connection wilh the examination to which attention should be drawn in this report in order to enable a proper understanding of the accovnls to be reached. Miss T J Maeer FCA of Townends Accountants LLP Independent Examiner Fulford Lodge l Heslington Lane Fulford York YOIO 4HW 23 December 2024
Five Towns Christian Fellowship Company Llmlted by Guarantee Slatement of Flnanclal Acllvllles (Includlng Income and expendlfure account) Year ended 31 March 2024 2024 Unre51ricted Restricted funds funds Total funds Total funds 2023 Note Income and endowments Donations and legacies Charilable activities Investment income 240.777 22.786 61.235 240,777 89,245 61,235 241.157 45.661 3.049 66.459 Total Income 324,798 66,459 391,257 289,867 Expendllure Expenditure on charitable activities 8.9 Total expendllure 169,374 64.272 233.646 208,757 169,374 64.272 233,646 208,757 Nel Income 155.424 2,187 157,611 81,110 Transfers between funds 2,062 12,0621 Net movement In lunds 757,486 125 157,611 81.110 Reconclllallon of funds Total funds brought fOard Total fundj carrled loThvard 2,792,383 40,681 2,833,064 2.990,675 2,751,954 2,949.869 40,806 2,833,064 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 8 to 16 form part of these flnanclal 5talemenls.
Five Towns Christian Fellowshlp Company Llmlled by Guarantee Sfialemenf of Flnanclal Posltlon 31 March 2024 2024 2023 Note Flxed assets Tangible fixed assets 356.852 372,729 Currenl assets Deblors Investments Cash at bank and in hand 15 16 52,025 1,600,000 991,822 72.342 i.(J)o.000 1.394.641 2,643,847 2,466,983 Ciedllor$: amovnts lalllng due wlthln one year Nel cvrrent aJset¥ 17 10.024 6,648 2.633,823 2.460,335 Tolal assels less current Ilabllllles 2,990.675 2,833,064 Net assets 2,990,675 2,833,064 Funds of the charlty Restricted funds Unreslricled lunds 40,806 2,949.869 40.681 2.792.383 Total chorlty funds 18 2.990.675 2,833,064 For the yeor ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2CrfJ6 relating to small companies. Directors, responsibilities: The members have not required the company to oblain an audit of its financial statements for the year in question in accordance with section 476; The directors acknowledge their responsibilities for complying with the requiremenls of the Act with respect to accounting records and the PTeparalion of financial statements. These financiol statemen15 have been prepared in accordance with Ihe provisions applicable to companies subject to the small companies, regime. These financial statements were approved by the board of tru51ees and authorised for issue on 23 December 2024. and are signed on behall of the board by: P A Jones Trustee M Hodgett Trustee The noles on pages 810 16 torm part ol these Ilnanclal 51alemenls.
Flve Towns Christian Fellowship Company Llmlled by Guarantee Note5 to the Flnanclal Statements Year ended 31 March 2024 General Informaflon The charily is a private company limiled by guarantee and a registered charity. The address of the registered office is Five Towns Christian Fellowship, Beancroll Street. Hall Acres, Castleford, West Yorkshire, WFIO 5RR. Slatemenl ol compllance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the statement ol Recommended Practice applicable to charities preparing their account5 in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Companie5 Act 2C()6, Accounllng pollcles (a) Basls ol pieparallon The financial statements have been prepared on the hisloricol cosl basis. The financial statements are prepared in sterling, which is Ihe Ivnctionol currency of the entity. (b) Golng concern The UK economy hos recently been impacted by rising inflation. interest rates and energy costs, exacerbated by Ihe war in Ukraine. All these mallers have impacted the charity's trading results to a greater or lesser extent. Al the dote of signing these financial statement5, the trustee5 have considered the effect of these matters on the charity with the intormotion available lo il and do not believe that it will alfecf the abilily of the charily to continue to operate for the foreseeable future. On Ihis basis, the trustees have prepared these financiol statements on a going concern basis. (c) Fund accovntlng Fund accountlng Funds held by Ihe charily are either: Unrestrlcled general lunds These are funds which con be used in accordance with the charitable objects at the discrelion of the trustees. Restrlcted Funds These funds can only be used for particular reslricted purposes within the objects al the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Flve Towns Chrlstlan Fellowship Company Llmlted by Guarantee Notes lo the Flnanclal Slatemen15 (conllnued) Year ended 31 March 2024 Accountlng pollcles (conllnued) (d) Incomlng resources Income and donations are accounted for as received by Ihe charily. No permanent endowments have been received in the period. (e} Resources expended Expendilure is recognised when a liability is incurred. Charitable activilies include all expenditure associated wilh the day to day operation of the Church and the provision of Christian worship. Governance costs include those incurred primarily associated wilh the constitutional and slalutory requirements. (t) Tanglble assets Tangible Fixed Assels are capitalised if they can be used for more than one year and cost at least £250. (g) Depreclallon Depreciation is calculoled so as to wrile off Ihe cost or valuation of an 05set, less its residual value, over Ihe useful economic life ol that asset as follows: Freehold Land & Buildings Fixlures & Fillings Computer5 & Other Equipment 2% reducing bolance IO% reducing bolance 15% reducing balance (h) Impalrmenl of Ilxed assets A review tor indicators of impairment is carried out at each reporting date, with the recoverable amount being eslimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset 15 impaired accordingly. Prior impairments ore also reviewed for possible reversal al each reporting dole. (l) Flnanclal Instrvment$ Financial instruments are classified and accounted for, according to Ihe substance of the contractual arrangement. as either financial assets, financial liabilities or equity inslruments. An equily instrument is any contract thal evidences o residual interest in the asset5 of the company after deducting all of its liabilities. U} Dellned contrlbvtlons plan Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contribution5 are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
Five Towns Christian Fellowship Company Llmlted by Guarantee Nole$ to Ihe Flnanclal Statements (conllnued) Yeaw ended 31 March 2024 Llmlted by guarantee The liability of the members is limited to £1. Donallons and legacles Unrestricted Total Funds Unre51ricled Tolal Funds Funds 2024 Funds 2023 Olhei donallons ond legocley Tithes and offerings Recoverable income tax 195,512 45,265 195,512 45.265 194.099 47,058 194,099 47,058 240,777 240.777 241,157 241,157 Charllable actlvStles Unreslricted Restricted Tolal Funds Funds Fund5 2024 other granls Childrens Work Fishing Project Mental Health Alliance WMDC Youth Project Pantry Project Yorkshire Sport Foundation Chance To Shine 22,786 22,786 2.198 2,198 25,OCK) 16.617 16,026 4,618 25,000 16,617 16,026 4,618 2,000 22,786 66,459 89,245 Unrestricted Restiicted Total Fund5 Funds Funds 2023 other gronts Childrens Work Fishing Pioject Mentol Health Alliance WMDC Youth Project Pantry Project YoTkshire Sport Foundolion Chance To Shine 4,946 7,980 25,000 7,735 4,946 7,980 25,000 7.735 45,661 45,661 10-
Flve Towns Christian Fellowship Company Llmlted by Guarantee Notes to the Flnanclal Stalements (conllnued) Year ended 31 March 2024 Inveslmenl Income Unrestricted Total Funds Unreslricled Total Funds Funds 2024 Funds 2023 Central fund interest 61,235 61.235 3,049 3.049 Expendlture on charltable oclfvllles by lund type Unrestricted Restricted Tolal Funds Funds Funds 2024 Worship & Community Activities Chance To Shine Yorkshire Sport Foundalion Children & Youth Work Mental Health Alliance Fishing Project Website Developmenl Pantry Projecl WMDC Youth Project Support cosls 157,090 157,090 2,596 4,108 2,970 26,668 7,880 102 4,875 15,073 12,284 2,596 4,108 2,970 26,668 7,880 102 4,875 15,073 12,284 169,374 64.272 233,646 Unrestricted Restricted Total Funds Funds Funds 2023 Worship & Community Activities Chance To Shine Yorkshire Sport Foundation Children & Youlh Work Mental Health Alliance Fishing Project Website Development Pantry Project WMDC Youth Projecl Support c05f5 186,066 186,066 5,439 455 5,439 455 120 120 2,152 2,152 14.525 14.525 2CQ,591 8,166 208,757
Five Towns Chrlstlan Fellowshlp Company Llmlted by Guarantee Notes to the Flnanclal Statements (conNnued) Year ended 31 March 2024 Expendlture on charltable actlvllles by actlvlty lype Aclivities undertaken directly Support Total tunds Total fund cosls 2024 2023 Worship & Community Activities Chance To Shine Yorkshire Sport Foundation Children & Youth Work Mental Health Alliance Fishing Project Website Development Pantry Project WMDC Youth Project Governance costs 157,090 2,596 4,108 2,970 26.668 7.880 102 4,875 15.073 157,090 2.596 4,108 2.970 26,668 7.880 102 4,875 15.073 12,284 233,646 186.066 5.439 455 120 2,152 14,525 12,284 221.362 12.284 208,757 10. Nel Income Net income is staled aller chargingllcredilingl: 2024 2023 Depreciation of tongible fixed assets 15.877 17,582 I l. Independent examlnallon lees 2024 2023 Fees payable to the independeht examiner for: Independent examination of the financial statements 2,550 2,364 12. Slaff cos1¥ The total slalf costs and employee benefits for the reporting period are analysed as follows,. 2024 2023 Wages and salaries Social security Costs 56,953 383 77,979 1,917 57,336 79,896 12-
Five Towns Christian Fellowship Company Llmlled by Guarantee Notes to the Flnanclal Stalemenls (conllnued) Year ended 31 March 2024 12. Staff c03tS (contlnvedj The average head count of employees duTing the year was 3 12023: 4). The averoge number of full-time equivalent employees during the year is onalysed as follows.. 2024 2023 No. Parl time staff- Children's Work Full time stafl- Community Engagemenl No employee received employee benefits of more than £60,C(K) during the year12023.' Nill. 13. Trustee remuneratlon and expenses No remuneration or other benefits from employment wth the charity or a related entity were received by the Iruslees. No trustee expenses have been incurred. 14. Tanglble Ilxed assels Land and Fixtures ond buildings filtings Equipment Tolal Cosl Al l Aprll 2023 and 31 March 2024 Depreclatlon Al l April 2023 Charge for Ihe year At 31 March 2024 361.182 41,784 110.884 513.850 63,075 5,962 16,223 2,556 61,823 7,359 15,877 69,037 18,779 69,182 156,998 Cariylng amounl Al 31 March 2024 292,145 23,005 41,702 356.852 At 31 March 2023 298.107 25,561 49,061 372.729 15. Debtors 2024 2023 Prepayments and accTved income other debtors 5,386 46.639 5,124 67,218 52,025 72,342 13
Five Towns Christian Fellowshlp Company Llmlted by Guaranlee Notes lo the Flnanclal Statements (conllnued) Year ended 31 March 2024 16. Investments 2024 2023 Short-term deposits I,doo,000 1,000,000 17. Cfedllors.. amounts falllng due wllhln one year 2024 2023 Accruals and deferred income other creditors 8,884 1.140 4,635 2,013 10,024 6,648 18. Anulysls ol charltoble funds Unrestrlcted funds Al 31 March 20 24 Al l April 2023 Income Expenditure Transfers General funds 2,792,383 324,798 1169,3741 2,062 2.949,869 At 31 March 20 23 At l April 2022 Income Expenditure Transfers General funds 2,749.261 244.206 {2CK).5911 14931 2,792,383 14-
Flve Towns Christian Fellowshlp Company Llmlted by Guarantee Notes lo the Flnanclal Stalements (conllnued) Year ended 31 March 2024 18. Analysls of charSlable funds (contlnued) Restrlcted lunds At 31 March 20 24 At l April 2023 Income Expendilure Transfers Children's Work Fund Fishing Project Website Development Pantry Project WMDC Youth Project Mental Health Alliance Yorkshire Sporl Foundation Chance To Shine 2.197 {2,9701 {7,880) 11021 {4.8751 115,0731 773 9.875 678 1,995 576 16.026 16.618 5.583 13.4311 3.697 24.545 25.otyj 126.6681 22.877 4,618 14,1081 {2,5961 164,2721 510 596 40.681 66,459 12,0621 40,806 At 31 March 20 23 At l April 2022 Income Expenditure Transfers Children's Work Fund Fishing Project Website Development Pontry Project WMDC Youth Project Mental Health Alliance Yorkshire Sport Foundation Chance To Shine 4.946 7.980 15,4391 493 1.895 798 9,875 678 7.735 12.152) 5,583 25,( 14551 24,545 2,693 45.661 18.1661 493 40,681 15
Five Towns Christian Fellowship Company Llmned by Gvaiantee Noles to Ihe Flnanclal Slalements (conNnued) Year ended 31 March 2024 18. Analysls of charltable funds (conllnued) The Purpose of the re51ricted funds are as follows: Children's Work Fund- To ensure direct donation5 are used only in children's work. Fishing Project- To ensure direcl donations are used only for fishing outings. Website Development- To part finance developing Ihe charity website. WMDC Youth Project- To set up and run an open access youth provision in Castleford. Mental Heallh Alliance - To develop structures and practices that allow access to larger and more long-term funding. Ponlry Project - To provide a community pantry. offering food. cleaning and personal products. Yorkshire Sport Foundation holidays. To provide skateboard sessions at the hut and during Chance To Shine - To give children Ihe opportunity lo play. learn and develop Ihrough cricket. 19. Analysls of nel assets between funds Unrestricted Restricted Tolal Funds Funds Funds 2024 Tangible fixed ossels Current assets 356.276 2.593.593 576 40.230 356,852 2.633,823 Nel asseti 2,949,869 40,806 2.990,675 Unrestricted Restricted Total Funds Funds Funds 2023 Tangible fixed assels Current assets 372,051 2,420,332 678 40,003 372.729 2,460,335 Net assets 2,792,383 40,681 2,833,064 16