CHRIST THE ROCK CHRISTIAN FELLOWSHIP FINANCIAL STATEMENTS 31 DECEMBER 2023 Company Number 08576555 Charity Number 1153404
CHRIST THE ROCK CHRISTIAN FELLOWSHIP FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 Contents Pages Trustees, Annual Report Reference and Administrative Information Independent Examiner's Report ststemenl of Financial Activities Balance Sheet Notes lo the Financial Statements 9-18 The following pages do not form part of the financial stalen7ents Detailed Statement of Financial Activities 19-21
CHRIST THE ROCK CHRISTIAN FELLOWSHIP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023 The Trustees have pleasure in presenting their report and financial statements of the Charity for the year ended 31 December 2023, which complies with slatulory requirements, the governing documents and the Statement of Recommended Practice, Accounting and Reporting by Charities IFRS1021 issued in 2019. Objects of the Charity The objects of the Charity. as contained in the Articles of Association are.. al The advanrnent of the Christian faith, the preaching and proclamation of the Christian gospel. the leaching of Christian doctrine and principles, the pastoral care of Christl8n people and the printing and distribution of the Bible and Christian literature. b} The relief of persons who are in a condition of need, hardship or distress, or who are aged or sick. cl The advancement of education on the basis of Christian principles for petsons of all ages. The charity seeks to further ils objects through the provision of regular church services, by supporting missionary activities and by the provision of a community meeting facility al 88 Station Road Yale I'The Candle'l. Organisation The Charity is governed by a Board of Trustees which is responsible for selling the strategic direction of the organisation and for establishing policy. The Board of Trustees meets regularly and involves the Leadership team of Christ the Rock Christian Fellowship in the operation of the organisation. Any new Trustees are recruited in light of the mix of skills and experience needed on the Board and on the basis of the knowledge of the existing Trustees of suitable candidates and after prayer and listening lo the leading of the Holy Spirit. In selecting persons to be appointed, the Trustees take into account the benefits of appointing a person who is able by virtue of his or her professional qualrficalions or experience lo make a contribution to the pursuit of the purposes or the management of Christ The Rock Christian Fellowship. Selected candidates are appointed by a simple majority by Trustees al a meeting. Inv9Stment PQWgr$ The Trustees have full and unrestricted powers of investing and transposing investments in all respects as they are absolutely and beneficially entitled thereto. Review of the activities and future developments The charity continues to hold regular Sunday services at Abbolswood Primary School. Although the majority of members now prefer to attend services physically, they are still able to attend via Zoom and a small number continue to use this facility. The charity continues to rent High Street premises as its public contact base, which houses offices and several meeting rooms used by both the church and community groups. The Community Café continues lo thrive and is very popular. Hot drinks and cakes are provided wilhoul charge and craft workshops are available. During the winter the café was recognized by the local council as an official 'warm space, to help alleviate the cost-of-living crisis. The Charity was in discussion with the Western Counties and South Wales Evangelisalion Trust la Christian organizationl with a view lo potentially leasing and then purchasing Cranleigh Court Chapel. Negotiations have paused as an acceptable purchase price could not be agreed bul these may be picked up again if another purchaser can't immediately be found. The Charity continues to facilitate and support mission activities by rts members with donations lo Greece, Pakistan and Albania and once again a small group of church members visited our long-lemi mission partner in Albania during the year.
CHRIST THE ROCK CHRISTIAN FELLOWSHIP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023 The Charity continues to rely on the voluntary support of its members for both its internal activities and ils outreach lo the local community. During the year the Charity continued to employ a Youth Leader, an offi Manager, a Finance Assistant and a Leader. The Charity has had regard for the guidance from the Charity Commission regarding public benefit, and considers that its charitable purposes fulfil the public benefit requirement as follows= 1. As mentioned above, the Charity has held regular services of worship on premises rented from Abbotswood Primary School, Yate since September 2022. These services S also available on Zoom for those who are unable to attend in person. It has continued to facilitate ongoing leaching, support and social contact between members through regular small group meetings and Whole Church meetings. The Leadership Team and Trustees have started joint LeadershIprUsteÈ meetings which have proved very successful in terms of discussing key issues and understsnding each other roles. 2. The Charity's rented premises at 88 Station Road, Yate Iknown as 'the Candle'l are available as a community facility and are used intermillenlly by various local groups. A limile programme of general maintenance work has continued during the year. 3. On8 outlet of the North Bristol Foodbank is operated from the Charity's Station Road premises I'the Candle'l, managed primarily by volunteers with oversight from the group s paid manager. It provides emergency food and other provisions lo people in need within the community, together with a signposting system for guidance and support lo its clients with the aim of preventing their continuing need for the service. The huge increase in demand on Foodbanks seen during the pandemic has continued due lo the current cosl-of-living crisis, but the demand continues lo be amply met by the dedicated team of volunteers and many generous donations. 4. The Charity provides financial and moral support to a volunteer who is working with immigrants and refugees in Greece. 5. The Charity provides financial support and volunteers for Regenerate, a Christian charity which provides regular activities in several local primary and Sendary schools. 6. The Charity provides financial support and volunteers for the One25 charity, which reaches out lo women who are street sex-working in Bristol and supports them lo move from crisis and trauma towards Independen in the community. 7. The Charity provides financial support and a volunteer for the Willow Tree Centre, a local charity providing help lo women and their partners facing an unplanned pregnancy or needing support following a miscarriage, slillbirth or abortion. Review of Relationships with other charities.. The Charity co-oper81es with other Christian groups and churches in the Bristol and Yate areas through joint worship services, leadership networking and voluntary seNice in the community. The charity is a Woodlands Associate Church and therefore part of the Woodlands Church, Bristol network. As mentioned above, the Charity facililales a local Foodbank under the management of a large neighbouring group of Foodbanks, working in collaboration with the Trussell Trust. Also as mentioned
CHRIST THE ROCK CHRISTIAN FELLOWSHIP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023 above, it provides volunteer workers for various other local charities such as Re-generate, One25 and Ihe Willow Tree Cenlre. The Charity also has ongoing links with missionaries in Albania, Greece and Pakistan. ReseNes The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets I'the free reserves I should represent 3 - 6 months of expenditure, which equated to between £41,000 and £83,000 in general funds. Al this level, the Trustees are confident that the organisalion will be able to continue its current activities in the event of a significant drop in funding. At the balance sheet date, free reserves amounted to £141,762 which provides additional protection against the risks of a drop in funding and inflationary pressures on costs expected in the current economic environment. In 2022 significant donations were received and retained in the restricted funds {Foodbank account). This has been discussed with North Bristol Foodbank who were happy for the money lo be retained in the Charity's account. Due to the expected increasing economic hardship in 2022, the Trustees were happy to retain these funds with a view to moving lo a more normal level of reserves once conditions have slabilised. Foodbank donations were higher in 2023 £27,59712022.' £20,441). Church Attendance The numbers atiending Sunday services and various weekday activities has remained faidy consislenl, over the previous 12 months. Investment pollcy As income from funders is used within a short lime of r1p1, the Trustees consider that the most appropriate policy for investing funds is to place them on short-18rm deposit. Risk review The Trustees have a risk management strategy which comprises.. an annual review of the principal risks and uncertainties that the charity faces., the establishment of policies, systems and procedures to mitigate those risks identified in the annual review,. and the implementation of procedures designed lo minimise or manage any potential impact on the chartty shoLJld those risks materialise. Safeguarding Any issues that arise are promptly investigated by a Safeguarding Team, comprising the Safeguarding Officer la Trusleel plus a member of the Senior Leadership team and a member of the congregation. During the past two years the Safeguarding Team has undertaken a thorough review of all the Charity's safeguarding practices and policies. Professional guidance from Ihirtyone'.eight, a consultancy organisation specifically for churches, is sought whenever necessary. As mentioned in our previous Trustees Report, we were notified in 2020 of a police investigation into allegations of malpractice against a Youth Worker employed by the Charity several years ago. Following two brief Court hearings in the spring of 2022 where the Defendant pleaded "Not Guilty" the hearing was rescheduled in 2024 and is now scheduled to lake place in the spring Isummer 2025. Throughout these events we have regulady complied with the police requests for information and sought advice from Ihirtyone.'eight. We have also informed our insurance company and have provided regular brief updates lo church members. In line with advice from the Charity Commission, we have
CHRIST THE ROCK CHRISTIAN FELLOWSHIP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023 filed a Serious Incident Report with them in connection with this maller. Health & Safety A designated Health & Safety Officer la Trvsteel maintains oversight of all health & safety issues, with support from other members of the charity where appropriate. There are detailed policies to cover all relevant areas of the charity's operation, which are approved by Trustees and reviewed periodically. Statement of trustees, responsibilities The Iruslees (who are also directors of Christ the Rock - Christian Fellowship for the purposes of company lawl are responsible for preparing the Trustees, Report lincorporaling the strategic report and directors, report) and the financial statements in accordance with applicable law and United Kingdom Accounting Stsndards, including Financial Reporting Standard 102.. The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Accepted Accounting Practice). Company law requires the trustees lo prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the charitable company and of the income and expenditure, of the charitable company for that period. In preparing these financial slatemenls, the Iruslees are required to.. select suitable accounting policies and then apply them consislenUy- observe the methods and principles in the Charities SORP., make judgments and accounting estimates that are reasonable and prudent., slate whether applicable UK Accounting Standards have been followed, subject lo any material departures disclosed and explained in the financial statements., and prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charitable company will continue in business. The Iruslees are responsible for keeping adequate accounting records that disclose with reasonable accuracy al any time the financial position of the charitsble company and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed by order of the trustees Gill J/rford Gill Slafford Chair of the Trustees Dale: 11 Septernber 2024
CHRIST THE ROCK CHRISTIAN FELLOWSHIP REFERENCE & ADMINISTRATIVE INFORAMTION YEAR ENDED 31 DECEMBER 2023 status The Charity is governed by ils Articles of Association, dated 19 June 2013. It was incorporated as a company limited by guarantee, number 08576555 and was registered with the Charity Commission, number 1153404 on the same date. Trustees The Trustees who are directors for the purpose of company law and who served during the year are.. A. Bailey L.J. Charles P. Douglas A. D. Penn Ilreasurerl P. Anthony (resigned 2410612024) G. Stafford Ichairl E.S. Blackbum (appointed 01102120241 Key Management Personnel M Clemas (Elderl K Bailey (Administralorl N Bright (Finance administrator) M Goode (Youth & children's worker) Reglstered Offlce The Church Office. 88 Station Road, Yale, Bristol, BS37 4PH Independent Examiner Josh Kingston BS¢ ACA Burton Sweet Limited, The Clock Tower, 5 Farleigh Court, Old Weston Road, Flax Bourton, Bristol, BS48 1UR Bankers Lloyds Bank plc, 40 High Street, Chipping Sodbury, Bristol, BS37 6AW
CHRIST THE ROCK CHRISTIAN FELLOWSHIP INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 DECEMBER 2023 Independent gxaminor's report to the trusleos of Christ the Rock - Christian Fellowship I report lo the charity Iruslees on my examination of the accounts of the Company for the year ended 31 December 2023. Responsibilities and basis of roport As the charity s trustees of the Company land also ils directors for the purposes of company lawl YOLJ are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Acl'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151 Ibl of the 2011 Act. Independent examiner's statement I have completed my examination. I confim) that no matters have come lo my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act., or the accounts do not accord with those records- or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination,. or the accounts have not been prepared in accordan with the methods and principles of the Statement of Recommended Pradice for accounting and reporting by charities applicable lo charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021. I have no concerns and have come across no other mallers in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. Joshua Kingston Bsc ACA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1 UR 11 September 2024
CHRIST THE ROCK CHRISTIAN FELLOWSHIP STATEMENT OF FINANCIAL ACTIVITIES {INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 DECEMBER 2023 Unrestricted Restricted Total Funds Funds Funds 2023 Total Funds 2022 Note Income frorn: Donations and legacies Investments 122,987 489 46,092 169,079 489 185.906 43 Total income 123,476 46.092 169,568 185.949 Expenditure on: Charitable activities 119,866 44,267 164,133 146,246 Totsl expenditure 119,866 44,267 164,133 146,246 Net incomel(expenditure) 3,610 1,825 5,435 39,703 Transfers between funds 13 {8,297} 8.297 Net movement in funds {4,687} 10.122 5,435 39,703 Total funds at start of year 13 147,762 84,867 232,629 192,926 Total funds at end of year 13 143,075 94,989 238,064 232,629 The Charity has no recognised gains or losses other than the results for the year as set out above. All of the activities of the charity are classed as continuing. The notes on pages 9 10 18 form part of these financial statements See note 9 for fund4ccounting comparative figures
CHRIST THE ROCK CHRISTIAN FELLOWSHIP BALANCE SHEET AS AT 31 DECEMBER 2023 Company Registration Number 08576555 2023 2022 Note Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand 10 1.313 1.751 11 9,381 230,235 8,831 225,385 239,616 234,216 Liabilities Creditors '. amounts falling due within one year Net current assets or liabilities 12 12,865) 236.751 13,338) 230.878 Net assets or liabilities 238.064 232,629 FUNDS Unrestricted funds General funds Restricted funds 14 14 143,075 94,989 147,762 84,867 Totsl funds 238,064 232,629 For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act applicable to small companies and constilule the annual accounts required by the Companies Act 2006 and are for circulation to members of the company. These financial statemenls were approved by the Trustees on their behalf by- 11 Seplernber 2024 and are signed on Gill Stafford {Chair of Trustees) The notes on pages 9 to 18 form part of these financial statements
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 1 Accounting policies Accounting convention The financial statements have been prepared in accordance with the historical cost convention {except where otherwise staled in the accounting policy note) and in accordance with the Slalement of Recommended Practice.. Accounting and Reporting by Charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} issued in October 2019, and the Financial Reporting Slandard applicable in the United Kingdom and Republic of Ireland {FRS 1021. and the Companies Act 2006. The charity is a public benefit entity as defined under FRS102. The Trustees consider that there are no material uncertainties affecting the ability of the charity to continue as a going COnrn. Income Income from donations is included in income when these are receivable, except as follows.. l. When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods., 11. When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-conditions have been met. Gifts in kind includes donated services and facilities which are recognised at a reasonable estimate of the amount the Charity would be prepared to pay for such items. An equivalent amount has been included as expenditure under the appropriate heading in the Statement of Financial Activities. The charity receives donations of food items for the Foodbank to distribute to those in short-temi need. These donations are not valued as the charity considers the benefit from doing so would be outweighed by the cost of calculating such a valualion. Expendlture Expendilure is recognised in the period in which it is incurred. Expendilure includes attributabla VAT which cannot be recovered. Charitable Activities Granls awarded are allocaled lo charitable aclivities. Granls awarded are treated as expendilure and a liability in the accounts as soon as they become legal or constructive obligations. In the case of multi-year grant awards, the funding for all years is immediately recognised unless there are conditions which need to be met by the recipient to enable the release of subsequent years, fundinq. Governance costs Governance Gosts include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity. Governance costs are included within support cosls.
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 1 Accounting policies (continued) Tangible fixed assets Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful lrfe of that asset as follows.. Office equipment Fixtures and fittings Improvements to leasehold property 25 /0 p-a. reducing balance 25010 p.a. reducing balance straight line over the remaining period of the lease Trade and other debtors Trade and other debtors are recognised al the settlement amount due after any trade discount offered. Prepaymenls are valued at the amount prepaid net of any Irade discounls. Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the Iransfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised al their settlement amount after allowinq for any trade discounts due. Fund accounting Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Designated funds form part of unrestricted funds and have been identified as being for particular purposes by the Trustees. They are nol restricted and can be transferred to general funds at any time at the discretion of the Trustees. Further explanation of the nature and purpose of each fund is included in note 13 of the financial slalements. 10
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 2 Income from: Donations and legacies Unrestricted Restricted Funds Funds Total Funds 2023 Offerings, donations and gift aid 122,987 46,092 169,079 122.987 46,092 169,079 Unrestricted Restricted Total Funds Funds Funds 2022 Offerings, donations and gift aid 141,147 44,759 185,906 141,147 44,759 185,906 Aggregate donations from Trustees, key managernent personnel. and other related parties was £38.190 12022.. £38,300). 3 Expenditure on: Charitable activities Activities undertaken directly Grant funding Support of activities Costs (Note 4) (Note 5) Total Funds 2023 General Ministry Mission Youth 21,456 94,728 116,184 33,361 14,588 33.361 2,694 11,894 24,150 33.361 106,622 164.133 Activities undertaken directly Grant funding Support of activities Costs (Note 4) (Note 5) Total Funds 2022 General Ministry Mission Youth 8,404 85,107 93,511 33,941 18,794 33.941 1,689 17,105 10,093 33,941 102,212 146.246
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 4 Analysis of grants The total grants awarded during the year was as follows= 2023 2022 Grants to Christian organisations Bristol International Trust {BlSC) Willow Tree Centre Regener8 Persecuted Church Tearfund 600 1,200 1,340 6,263 600 1.200 1.160 12,772 Grants to individuals 23,958 18,209 Total grants payable 33,361 33,941 5 Support costs Support costs are allocated on the basis of cost of activities undertaken directly. Total 2023 Total 2022 Office costs Insurance Slaff costs Sundry Repairs & renewals Bank charges Depreciation Legal and professional fees Governance costs Independent examination fees 37,116 1,419 47,013 505 15,832 183 438 1,770 37,556 1.417 51,288 549 6,798 174 1.716 2,346 2,130 106,622 102.212 12
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 6 Net incomel(expenditure) for the year This is stated after charging= 2023 2022 Independent examiner's fee Independenl examination Accounts preparalion 1,387 959 438 1.171 959 Depreciation No Trustees have been reimbursed for their out of pocket travel expenses {2022'. None). No Trustee received any remuneration during the year12022'. None). 7 Staff costs and numbers The aggregate payroll costs were.. 2023 2022 Wages & salaries Pension contributions 44,208 880 48,922 809 45,088 49,731 No employee received emoluments of more than £60,000. The total employment benefits received by key management personnel including employer national Insuran and employer pension were £45,08812022= £49,731). The average weekly number of employees based on average headcount during the year was as follows.. 2023 2022 No. Fellowship 8 Taxatlon The charity is exempt from corporalion tax on its charitable activilies. 13
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 9 Statement of Financial Activities comparative figures Unrestricted Restricted Funds Funds Total Funds 2022 For the year ended 31 December 2022 Income from: Donations and legacies Investment income 141.147 43 44,759 185.906 43 Total income 141.190 44,759 185.949 Expenditure on: Charitable activities 117,545 28,701 146,246 Total expenditure 117,545 28,701 146,246 Net incomelexpenditure 23.645 16,058 39,703 Transfers between funds 5.044 5,044 Net movement in funds 18.601 21,102 39,703 Total funds at start of year 129,161 63,765 192,926 Total funds at end of year 147.762 84,867 232.629 14
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 10 Tangible fixed assets Improvements to Leasehold Property Office Equipment Fixtures & Fittings Total Cost or valuation Al 1 January 2023 At 31 Dember 2023 18,700 4,654 689 24,043 18,700 4,654 689 24,043 Depreciation At 1 January 2023 Charge for the year Al 31 Dember 2023 18,700 2.958 424 634 14 22,292 438 18,700 3,382 648 22,730 Net book value At 31 December 2023 1.272 41 1,313 Al 31 December 2022 1,696 55 1,751 11 Debtors 2023 2022 Gift Aid Other debtors & prepaymenls Tax and social security 7,374 600 1,407 8.831 9,381 8.831 12 Creditors.. amounts falling due within one year 2023 2022 Trade creditors Accruals Tax and social security 519 2,346 775 2.130 433 2,865 3.338 15
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 13 Movement in funds For the year ended 31 December 2023 At1Jan 2023 At 31 Dec 2023 Income Expenditure Transfers Unrestricted funds General funds 147,762 123,476 {119.866) {8,297} 143.075 147,762 123,476 119.866 8,297 143,075 Restricted funds Special Needs Mission Action Group Bean Fund Foodbank Local Hardship Fund Church Weekend Away 5,580 630 17,865 13,6451 (26,162) {49) (14,411) 2,565 8,297 49 79,107 131 27,597 92,293 131 84,867 46,092 44,267 8,297 94,989 Total funds 232,629 169,568 164,1331 238,064 For the year ended 31 December 2022 At1Jan 2022 At 31 Dec 2022 Income Expenditure Transfers Unrestricted funds General funds 129,161 141,190 {117,545) (5,0441 147,762 129,161 141,190 117,545 5,044 147,762 Restricted funds Special Needs Mission Action Group Bean Fund Foodbank Local Hardship Fund Church Weekend Away 6,780 17,538 11.200) (23,907) 5.580 1,325 49 62,260 131 5,044 49 79,107 131 20,441 13,594) 63,765 44,759 28,701 5,044 84,867 Total funds 192,926 185,949 146,246 232,629 16
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 13 Movement in funds (continued) Restricted funds The Special Needs Fund consists of funds given by church members lo support people both inside and outside the church with short-term problems. Mission Action Group funds are those donated for supporting mission abroad, particularly in Greece. Albania and Burkina Faso. The Bean Fund is made up of small donations from church members used to help provide meals Ibeansl for the homeless in Bristol. Foodbank Local Hardship Fund. This fund provides a range of ancillary services to clients of the Trussell Trust Foodbank outlet that operates on the Charity's premises. Church Weekend Away Fund. This relates to contributions made by some members of the church towards the cost of a weekend away during the year. The transfers beeen funds represents transfers from unrestricted funds to support the Mission Action Group fund as part of the Charity's Mission expenditure. 14 Analysis of net assets between funds Restricted Funds General Funds Total As at 31 December 2023 Tangible fixed assets other nel assets 1,313 141,762 1,313 236,751 94,989 94,989 143,075 238,064 Restricted Funds General Funds Total As at 31 December 2022 Tangible fixed assets Other net assets 1,751 146,011 1.751 230.878 84,867 84.867 147,762 232.629 17
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 15 Related party transactions There are no transactions with trustees or other relaled parties other than those disclosed as required by the SORP elsewhere in the financial statements. 16 Operating lease commitments At the year- end. the Charity had total minimum commitments under non- cancellable operating leases as set out below: Land & Buildings 2023 Land & Buildings 2022 Amounts payable: Within 1 year Beeen 2-5 years 27,500 27,500 27,500 17 Company limited by guarantee The charity is a company limited by guarantee having no share capital. Every member is liable to contribute £1 towards the costs of dissolution and the liabililies incurred by the charity in the event of the 18
CHRIST THE ROCK CHRISTIAN FELLOWSHIP MANAGEMENT INFORMATION YEAR ENDED 31 DECEMBER 2023 The following pages do not form part of the statutory financial statements which are the subject of the independent examiner's report on page 6. 19
CHRIST THE ROCK CHRISTIAN FELLOWSHIP DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2023 Total Funds Total Funds 2023 2022 Income Offerings Gift aid donations Gift aid receipt Payroll giving Donations to Special Needs Fund Mission Action Group Funds Youthwork activities Foodbank Local Hardship Fund Investment income 2,866 80,197 20,158 17,180 630 19,605 13,330 85,643 23,776 16,890 6,780 18,766 280 20,441 43 27,597 489 Totsl income 169,568 185,949 Expenditure Charitable activities Mission Grants to Christian organisations Grants to individuals 9,403 23,958 15,732 18,209 33,361 33,941 General ministry Visiting speakers Books, music & Traidcrafl purchases Foodbank local hardship Membership Special needs grants 913 552 14,411 1,935 3,645 400 841 3.594 2.369 1,200 21,456 8,404 Young people Kingdom Kids Youth group 32 1,657 2,694 2,694 1.689 20
CHRIST THE ROCK CHRISTIAN FELLOWSHIP DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2023 Total Funds Total Funds 2023 2022 Support costs allocated to charitable activities Rent Rates & waler Light & heat Insurance Telephone Printing, postage & stationery Staff salaries & wages Employer's pension contributions Training and other stsff costs Sundry expenses Repairs & renewals Bank charges Depreciation Legal and professional fees Independent examination fees 29,475 1,624 4,297 1,419 1,307 413 44,208 880 1,925 505 15,832 183 438 1,770 2,346 31,240 1.546 2.546 1,417 1,374 850 48,922 809 1,557 549 6,798 174 1.716 2.130 106,622 102,212 Total expenditure 164,133 146.246 Net incomel(expenditure) 5,435 39,703 21