CHRIST THE ROCK CHRISTIAN FELLOWSHIP FINANCIAL STATEMENTS 31 DECEMBER 2024 Company Number 08576555 Charlty Number 1153404
CHRIST THE ROCK CHRISTIAN FELLOWSHIP FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 Contents Pages Trustees, Annual Report Reference and Administrative Infom)atic Independent Examiner's Report Stslemenl of Financial Ac¢ivi¢ies Balance Sheet Notss lo the Financial Stslements 10-19 Tlje following pages do not fom7 part of th8 fanCl statements Detsiled Ststsmenl ol Financial Activf(ies 20-22
CHRIST THE ROCK CHRISTIAN FELLOWSHIP TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 The Truslees have pleasure in presenting their report and financial statements of the Charity for the year ended 31 December 2024, which complies wilh statutory requirements, Ihe goveming dttuments and the Ststement ol Re¢ommended Pra¢ti¢e, A¢¢ounting and Rewrting by Charities IFRS1021 issued in 2019. Objects of the Charity The objects of the Charity, as contained in the Artides of Association are.. (al The advancement ofthe Christian faith, the preaching and proclamation of the Christian gospel, the teaching of Christian doctrine and principles, the pastoral care of Christian people and the printing and distribution of the Bible and Christian literature. Ibl The relief of r$on$ who are in a CO11tiOn of need. hardship or distress. or who are aggd or sick. Icl The advancement of education on the basis of Chrislian principles for persons of all ages. The Charity segks lo further ils objects Ihfough the pfovision ol regular Church services, by supporting missionary activities and by the provision ol 8 community meeting facility al 88 Station Road Yale I'The Candle'l. Organlsation The Charity 1$ governed by a Board ol Trustees whiL* is responsible for setting the $lralegiG dirèction ol the organisation and lor establishing policy. The Board of Trustees meets regularfy and involves the Leadership team ol Christ the R¢xk Christian Fellowship in Ihe opgrati¢)n of thg organisalion. Any new Truslees are recruited in light of the mix ol skills and experience needed on the Board and on the basis of the knowledge ol the existsng Tiuslees of suitable candidates and after prayer and listening lo the leading of the Holy Spirit. In selecting persons lo be 8ppointed. the Trustees takè into ac¢ount the benefits of appointing a person who is able by virtue of his or her professional qualifications or expgri9n¢e to make a ¢ontribubon to the pursuit ol the purFosgs or the managgmgnt of Christ the Rock Christian Fellowship. Selected candidates are appoinled by a simple majority by Trustee5 al a meeb'ng. Inv•stm•nt powers The Trustees have full and unrestricled powers of invesiir¥J and transposing investments in all respects as Ihgy are absolutely and beneficially enlitlgd the10. Review of the activities and future developments The charity continues lo hold regtjlar Sunday Servi al Atsbotsvd Primary School Although the majority of rnembers now prefer lo attend services physically. they are Still Bble to attend via Zoom and a small number continue to use this facility. The charity continues to rent a High Street premises as ils public contact base, which houses offices and sevèral meeting rcM)ms used by both the church and community groups. The community calo continues to thrive and is very popular. Hot drinks and ¢akes are provided without ¢harge and ¢raft workshops are available. During the winter the café wa5 recognised by the k)cal wuncil as an official 'warm space, to help alleviate the cosl-of-living crisis. The Charily is no longer in discussion with Ihe Westem Counties and South Wales Evangelisation Trust la Christian organisationl with a view to potenlially leasing and then purchasing Cranleigh Court Chapel because a mutually a¢xeptable price wa5 not able to be agreed upon.
CHRIST THE ROCK CHRISTIAN FELLOWSHIP TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 The Charity continues to facilitate and support mission activities by its members with donations to Pakisian and Albania and On again a small gcoup of chucch fflemrs visited oui long-temi mission partner in Albania during the year. The Charity continues to rely on the voluntary support of its members for both its intemal activities and its outreach to thè local community. During the year thè Charity continued to employ a Youth Lèader, an Office Manager. 8 Finance Assistant and a Leader. The Charity has had regard for the guidance from the Charity Commission regarding public benefit, and considers Ihal its charitable purposes fulfil the public benefit requirement as follows. 1. As mentioned above. the Charity has held regular serVIS of worship on premises rented from Abbotswood Primary School, Yate since September 2022. These seNices are also available on Zoom for those who are unable to attend in person. It has continued to facilitate ongoing teaching, supw)rt and social contacl between members through wular small group meetings and Wholo Church meetings. The Leadership Team arvj Trustees have started joint LeadershiplTrustee meetings which have proved very successlul in tem)s of discussing key issues and understanding ea¢h other roles. 2. Thg Charily's renlgd premises al 88 Slalion Road. Yate (known as 'the Candlg'l are available as a community facility and are used intem)ittenlly by various local groups. A limitod programme of general mainlenance work has conlinued during Ihe year. 3. One out19t of Ihg North Bristol Foodbank is operated from Ihe Charity's Station Road premises I'tho Candle'l, managed primarily by volunlgers with ovèrsight from the group's paid managar. It provid8$ emergency food and olher provisions lo people in need wilhin the comrnunity. together with a signposting system for guidance and support lo its clients wilh the aim ol prtrvenling their continuing need lor the service. The huge increase in demantl on F¢y)dbanks seen during the pandemic has continued due lo the current cosl-of-living crisis. bul the demand conlinues lo be amply m&1 by the dadicated team of volunt8ers and many 98n•rous donations. 4. The Charity provides financial and moral SUP[rt to a volunleer vtho is working with imMrantS and refugee5 in Greec8. 5. The Charity provides financial supp1 and volunteers for Regenerate. a Christian charity which provide5 regular activitie5 in several Iwal primary and secondary sch¢)ols. 6. The Charity provides financial supwrt and vdunleers for the One25 charity, which reaches out to women who are street sex-working in Bristol and supports them lo move Irom crisis and trauma towards independence in the communily. 7. The Charity provides financial supm and a vdunteer for ihe Wilkjw Te Centre, a local charity providing help to women and Iheir partners facing an unplanned pregnancy or needing support following a miscarriage, slillbirth or abortion.
CHRIST THE ROCK CHRISTIAN FELLOWSHIP TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 Review of Relationship$ with other ¢haritiO$= The Charity co-operates with other Chrislian groups and churches in the Bristol and Yate areas through joint worship services, leadership nelworking and voluntary service in the community. The charty is a Woodland5 Associate Church and therefore part of the Wo(xllands ChurGh, Bristol network. As menlioned above, the Charity faciliiates a local F(bank under the management ol a large neighbouring group of Foodbank5. working in llabOratIOn wrth the Trussell Trust. Also as Tnenlioned above, it provides volunteer workers for variJS other local charities such as Re4Jenerate, One25 and the Willow Tree Cenlre. The Charity also has ongoing links with missK)naries in Abania and Paki5t8n. R8s8rvè$ The Trustees have e5t8bli5hed 8 polw whereby the unresln.cted funds not committed or invested in tsngible fixed assets I the free reserves") should represent 3- 6 months of expenditure, which equated to betwgen £37,500 and £75.000 in general fvnds. Al this level, the Trustèe$ are confident that the organisalion will be able lo clInUe rts cuttenl aclivilies in Ihe event ola significant drop in funding. In 2022 significant donations have been received and retained in the restricted funds IFotsdbank account). This has been discussed with North Bristol Fc*)dbank who were happy for the money to be retained in the Charity's account. Due lo the expecled increasin9 economic hardship in 2024, the Trustees were happy lo retain these fiJrKls with 8 view to moving to a more normal level of reserves once condilw)ns have stabilised. Al th8 balanc8 sheat date, Ir8e r8s8rves amounled to £169,593 12023.. £141,762) which provid8$ addits'onal protection against the risks of a drop in lunding and inflationary psSUre$ on costs expgcled in the current economic environment. Church Attondan¢è The numbers attending Sunday services and various weekday activities have remained fairfy consislenl, over the previous 12 monlhs. Investment pollcy As incom8 from funders is used within a short time of receipt. the Trustg9s considor that thg most appropriale poliw for investing funds is lo place them on short-lem deposit.
CHRIST THE ROCK CHRISTIAN FELLOWSHIP TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 Risk review The Trustees have a risk management strategy which comprises: annual rgview of Ihg principal risks and uncertaintios that the Charity faces- the esiablishment of policies. systems and procedures lo mitigate Ihose risks identifiedin the annual review", and the implemenl8lion of proce(lures deswJnetl to minimise or manage any potenti81 imp8¢t on the charity should those risks materialise. Safe uardin Any isstJ8s that arise are promptly investigale(I by a Safeguarding Team. o)mprising thg Safeguarding Officer la Trusleg) plus a member ol the Senior Lead8cship team and a member of the ¢ongrggation. During Ihtr pasl two years the Safeguarding Team has vnderlaken a Ihorough revi8w of all the Charity's safeguarding practices and policies and the Charity is about lo apply for a Safeguarding A¢¢r8ditslion. Professional guid8nctr Irom thirtyone."eighl, a consullancy organisalion S¢ITIcallY lor churches. is sought whenever necessary. 11 is this organisalion thai will manage the Accreditslion proctrss. As rnenlioned in OUT previous Trustees Report. we were notified in 2020 01 a police investigation into allegations of malpractice against a former member of the Charity several years ago. Following two brief Court hearings in the spring of 2022 where the Defendant pleaded "Nol Guilty", the hearing was rescheduled to 2024 and was subsequently rescheduled to take place in ihe springlsummer of 2025. The hearing has, unfortunately, been rescheduled again and is r¥)w expected lo take place in autumn 2025. Throughout these events we have regularly complied with the Police requests for information and sought advice from thirtyone.'eight. We continue lo inlomi our insurance company and have provided rggular brief updalgs lo church members. In line wilh advice from tho Charity Commission. we have filed a Serious Incidgnl Report wlh them in ConnlI0n wilh this mattgr. Health & Sale The Trustee responsible lor Health & Safety has tired and the Charity is in the procèss of securing cover lor the Health & Salety Officer rde to maintain oversight of all health & safely 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.
CHRIST THE ROCK CHRISTIAN FELLOWSHIP TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 statement of trustees, responsibilities The trustees (who are also directors of Christ the R(k Christian Fellowship for the purposes of company lawl are responsible for preparing the Trustees. Report (incorporating the stralegic report and directors, report) and the financial statements in accordance with applicable law and United Kingdom A¢¢ounting Stsndards, including Finan¢ial Reporting Standard 102." Th8 Finan¢Nal Rèporting Standard applicable in the UK and Republic of Ireland (United Kingdom A¢cgpled A¢¢ounting Praclicel. Company law requires the trustees to prepare financial stalements for each financial year which give a true and fair view of the state of affairs of the charilable company and of the income and expenditure, of the charitable company for that period. In preparing these financrdl stalefflents, the trustees are required lo.. Sglect suitable accounting p(18$ and then apply them ¢sisten¢1y', observe the melhods and prinaples in the Chariti8s SORP: make judgments and 8ccounbng esb'mates that are reasonable and prudent,. state whether applicab UK AccLJunting Standards have been followed. subject to any material departures disclosed and explained in the financial ststemenls,. and prgp8re the financial slalemenls on the going concem basis unless il is inappropriate lo presume that the charitable company will continue in business. The Iruslees are responsible lor keen9 adequate a¢Unts.ng records that disclose wlh reasonablg accuracy at any time the financial posilion ol the charitable company and enable them to ensure that the f1nancial statements comply with the Companies Act 2006. They are also responsible for safeguarding (he assets of Ihe charitable company and hence for taking reasonable steps for the prevenb'on and detection of Ir8ud and other irregularities. Signed by order of th8 trustees G S¢afford Chair of the Trustees Datg.. 8 September 2025
CHRIST THE ROCK CHRISTIAN FELLOWSHIP REFERENCE & ADMINISTRATIVE INFORMATION YEAR ENDED 31 DECEMBER 2024 Status The Ch8rity is govemed by its Arbcles of Associati¢, dated 19 June 2013. 11 w8s incorporated as 8 company limited by guarantee. number 08576555 and was registered with the Charty Commission, number 1153404 on the 141h August 2013. Tru$t••$ The Trustees who are directors for the Purpose of company law and who served during the year are.. A. Bailey (resigned 11109120241 E. 818ckburn lapFK>inted 01102r20241 L.J. Charles P. Douglas A. D. Penn Itrgasurerl P. Anthony Iresigned 24106120241 G. Stafford {Chairl R•glstèr•d Offl The Church Office, 88 Station Road, Yale, Bristol, BS37 4PH Ind6ynd¢nt Examlner Josh Kingston ACA, Burton Sweet Limited, The Clock Tower. 5 Farleigh Court, Old Weston Road, Flax Bourton, Bristol 8S48 1 UR Bank•rs Lloyds Bank plc, 40 High Street, Chipping Sodbury, Bristol BS37 6AW
CHRIST THE ROCK CHRISTIAN FELLOWSHIP INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 DECEMBER 2024 Ind•pènd•nt •xamln•Vs r•port to th• trust••s of Chrlst th• Rock Chrlstlan F•llowshlp I report lo Ihtr charity Irustses on my examinatitx) of tho a¢nIS of the Company for Ihtr year ended 31 December 2024. Rtr$pon$ibilltlo$ and basi$ of report As the charity's truslees of the Company land also ils directors lor the purposes of company lawl you are responsible for the prepaTatv)n of the accounts in accL)rdance with the requirements of the Companies Act 20061.the 20C6 Act'l. Having satisfied myself that the accounts of the Company are not required lo be audited under Part 16 ol the 2tK)6 Act and are eligible for independenl examination, I report in respect of my examination of your charity's accounts as carried out under section 145 01 Ihe Charities Act 2011 I'the 2011 Act'l. In carrying out my examination I have followed the DirectnS given by the Charty Commission under section 145151 Ibl ol the 2011 Act. Indendent examlner's statement I have completed my examination. I confimi Ihal no matters have come lo my attention in connection with the examinatson giving me cause lo lieVe.. accounting records were not kept in respect olthe Company as required by section 386 of the 2006 2. the accounts do not accord with Ihose records,. or 3. the accounts do nol comply with the acc¢xJnting requirements of section 396 01 the 2006 Act other than any requiremenl that the acwunts give a Inje and faif view which is nol a mattgr considergd as part ol an independent examination.. or 4. the accounts have nol been prepared in accordance wih the methods and principles ol the Statement ol Recommended Practice for accounting and reporting by charities applicable lo charities preparing their accounts in acct¥dance wilh Ihe Financial Reporting Standard applicable in Ihg UK and Republic of Ireland IFRS 1021. I hav9 no con¢grns and havg Comg across no other mattfjrs in winection wilh thg gxamination to which attention should be drawn in this report in order to enable a proper undersianding of the accounts to be reached. Joshua Kingston Bsc ACA Burton Sweet Limited Thè Clock Towèr 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR Date.. 8 September 2025
CHRIST THE ROCK CHRISTIAN FELLOWSHIP STATEMENT OF FINANCIAL ACTIVITIES IINCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 DECEMBER 2024 Unrestricted Restricted Total Funds Funds Funds 2024 Total Funds 2023 Nolg Income from: Donations and legacies Investments 154,039 1,675 27,829 181.868 1.675 169,079 489 Total income 155.714 27.829 183.543 169,568 Expendlture on: Charitable activities 124,246 25,435 149.681 164,133 Total èxp•ndltur• 124,246 25,435 149.681 164,133 Not Incomo1{expendllure) 31.468 2,394 33,862 5,435 Transfers botween funds 13 1,268 {1,2681 Net movement In funds 32,736 1,126 33.862 5,435 Total funds at start of year 13 143,075 94,989 238.064 232,629 Total funds at end of y•ar 13 175,811 96,115 271.926 238,064 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 dassed as continuing. The notes on pages 10 to 19 fr>nn part of these financial ststemgnts. See note 9 for fund4ccounting comparative figures.
CHRIST THE ROCK CHRISTIAN FELLOWSHIP BALANCE SHEET AS AT 31 DECEMBER 2024 Company Registratign Number 08576555 2024 2023 Note Fixed assots Tangible assets Current assets Debtors Cash at bank and in hand 10 6,218 1,313 11 9.720 258,980 9,381 230,235 268,700 239,616 Llabillties Creditors .' amounts falling due within one year Not current assots or liabilities 12 {2,9921 265,708 12,8651 236,751 Not assets or Ilabilltlg$ 271.926 238,064 FUNOS Unr6Strlct•d fund8 General funds R8$trl¢t•d funds 14 14 175,811 96,115 143,075 94,989 Total funds 271,926 238,064 For the year ended 31 Oecember 2024 the company was entsued to exemption from audit under section 477 of the Companies Act 2006 relating to small cnmpanies. The members have not required the company to obtain an audit of its accounts for the year in question in a¢¢ordan¢e with section 476 of Ihe Companies Act 2006. The directors acknowledge their responsibilities for c(Knplwng 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 constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company. These financial statements were approved by the Trustees on their behalf by.. 8 Saptèmbai 2025 and are signed on Gill Slafford (Chair of Trustees) The notgs on pagos 10 to 19 forni part of Ihgsg financial statemgnts.
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 1 Aceountlng pollcles Accountino convention The financial statements have been prepared in accordance with the historical cost convention (except where otherwise stated in the accounting policy nolel and in accordance with the Statement of Recommended Practice.. Accounting and ReFX)rting by Charities preparing their accounts in accordance with the Financial Reporb'ng Standard 8ppIic8ble in the UK and Republic of Ireland IFRS 1021 issued in October 2019, and the Financial Reporting Standard 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 uncertaintses affecting the ability of ihe chanty lo continue as a going concem. Incomè Income from donations is included in income when ihese are receivable. exp1 as follows.. I. Vvhen donors specify that donations given lo the charity must be used in future accounting periods, the income is deferred until those periods., 11. When donors impose conditions which have lo be luifilled before the charity becomes entitled to use such income, the income is deferred unkn'l the pre-conditions have been met. Gifts in kind includes donated services and facilities which are re¢))gnised al a reasonable estimate of the amounl Ihe Charity would be prepared io pay for such items. An equivalent amount has been included as expenditure under the appropriale headino in the Statement of Financial Activities. The charity receives donations ol food items for the Foodbank to distn'bule lo those in short-term need. These donations are not valued as the ¢h8rily considers the benefit from doing so would be outweighed by the cost of calculating such a valuation. Investment income is included on a receivable basis. Expenditur8 Expenditure is recognised in the period in which it is incurred. Expenditure includes attributable VAT which cannot be recovered. Charitable Activltles Grants awarded are allocated lo charitable acbvilies. Grants awarded are treated as expenditure and a liabilily in Ihe accounts as soon as they become legal or constructive obligations. In the case of multi-year grant awards, the fursding 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, funding. Governance costs Governance costs include those costs associated with meeting Ihe conslilutional and slatulory requirements of the charily and include the audit fees and costs linked lo the strategic management of the charity. Governance costs are included within support costs. 10
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 1 Accounting policies (continued) Tangiblg fixgd assets Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows- Office equipment Fixtures and fittings Improvements to leasehold property - 25% p.a. reducing balance 25% 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. Prepayments are valued at the amount prepaid net of any trade discounts. Cash at bank and Sn hand Cash at bank and cash in hand includes cash and short terrn highly liquid investments with a short maturity of three rnonlhs or less from the dale of acquisition or opening of the deposit or sirnilar account. Credltors and provlslons Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds lo a third party and the amount due lo settle th8 obligation can be measured or eslimaled reliably. Creditors and provisions are nomially recognised al their selllement amount after allowino for anv trade discounts due. Fund accountlng Unre$tricled funds Can be used in a¢¢ordan¢e with the ¢haritsble objects at the discretion of the tru$le&s. Restricted funds can only be used for particular reslricled purposes within the objeclg of the charity. Reslriclions arise when specified by Ihe donor or when funds are raised for particular restricted purposes. Designated funds form part of unrestricted funds and have been idenbfied as being for particular purposes by the Trustees. They are not restricted and Can be tranSferd to general funds al any time at the discretion of the Trustees. Further explanation of the nature and purpose of each fund is included in note 13 of the financial statements.
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 2 Income frorn: Donations and legacie5 Unrestricted Restricted Total Funds Funds Funds 2024 Offerings and donations Gift aid 128,812 25,227 27,829 156,641 25,227 154,039 27.829 181,868 Unrestrlcted Restrlcted Total Funds Funds Funds 2023 Offering$ and donations Gift aid 102,829 20,158 46.092 148,921 20,158 122,987 46,092 169,079 Aggregate donations from Trustees. key management personnel. and olher related partie5 was £51,093 12023.. £38,190}. 3 Expgndlturg on.. Charltable actlvltles Activities undertaken directty Grant funding Support of activities Costs (Note 4) (Note 5) Total Funds 2024 General Ministry Mission Youth 20.455 99,703 120,158 20,118 9,405 20,118 1,601 7.804 22,056 20,118 107.507 149,681 Actlvltles undertaken directty Grant fundlng Support of aetivities 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 12
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 4 Analysis of grant5 The total grants awarded during the year was as follows.. 2024 2023 Grants to Christian organisabons Bristol Intemational Trust IBISCI Willow Tree Centre Regener8 Persecuted Church 600 1,200 1,510 600 1.200 1,340 6,263 Grants to individuals 16.808 23,958 Total grants payable 20,118 33,361 5 Support costs Support costs are allocated on the basis of cost of activib'es undertaken direcuy. Total 2024 Totsl 2023 Office costs Insurance Staff and other costs Sundry Repairs & renewals Bank charges Depreciation Leg81 and professional fees Governance costs Independent examination fees 36,705 1,415 53,738 1.836 6.001 186 473 4.573 37,116 1,419 47,013 505 15,832 183 438 1,770 2,580 2,346 107,507 106,622 13
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 6 Net incomellexpenditurel for the year This is slated after charging.. 2024 2023 Independent examIneS fee Independent examination - Accounts preparats.on 930 1.650 473 822 1,524 438 Depreaalion No Trustees have been reimbursed for their out of pocket travel expenses 12023.. None). No Trustee received any remuneratson during the ye8r12023= None). 7 Staff costs and numbers The aggregate payroll costs were.. 2024 2023 Wages & salaries Pension contributions 52,457 938 44,208 880 53,395 45,088 No employee received ernoluments of more than £60,000. The total employment benefits received by key management personnel including employer national insurance and employer pension were £53,395 {2023.' £45,088). The average weekly number of employees based on average headcount during the year was 89 follows.. 2024 No. 2023 No. Fellowship 8 Taxatlon The charity is exempt from corporation tax on its charilable activities. 14
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 g statement of Financial Activities comparative figure5 Unrestricted Restricted Total Funds Funds Funds 2023 For the year ended 31 Docernber 2023 Income from: Donations and legacies Investment income 122,987 489 46,092 169,079 489 Total incorno 123,476 46,092 169,568 Expendlture on- Ch8ritable aelivilie$ 119,866 44.267 164,133 Total expendlture 119,866 44,267 164,133 Net incomeloxpenditure 3,610 1.825 5,435 Transfers between funds 8.297 8.297 Net movement In funds (4,6871 10,122 5,435 Total funds at start of y•ar 147,762 84,867 232,629 Total funds at end of year 143,075 94,989 238,064 15
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 10 Tangible fixed assets Improvements to Leasehold Property Officg Equipment Fixtures & Fittings Total Cost or valuation Al 1 January 2024 Additions 18.700 4.654 1.337 689 4,041 24,043 5,378 Al 31 December 2024 18,700 5,991 4.730 29,421 Depreciatlon Al 1 January 2024 Charge for the year Al 31 December 2024 18.700 3.382 379 648 94 22,730 473 18,700 3,761 742 23,203 Net book value Al 31 December 2024 2,230 3.988 6,218 Al 31 December 2023 1,272 41 1,313 11 Debtors 2024 2023 Gift Aid Other debtors & prepayments Tax and social security 8.792 928 7,374 600 1,407 9,720 9,381 12 Credltors: amounts falllng due withln one ygar 2024 2023 Trade creditors Accruals Tax and social security 519 2,346 2,552 440 2,992 2,865 16
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 13 Movement in funds For the year ended 31 Docernber 2024 At1Jan 2024 At 31 Dec 2024 Income Expendlture Transfers Unrestricted funds General funds 143,075 155.714 {124,2461 124,246 1.268 175,811 143.075 155.714 1.268 175,811 Restricted funds Special Needs Mission Action Group Foodbank Local Hardship Fund Church Weekend Away 2.565 630 7,852 15,777 3,570 (1.107) {8,6041 {12,1241 {3,6001 2.088 752 12.0201 92,293 131 93,926 101 94.989 27,829 25,435 1.268 96,115 Total funds 238.064 183,543 149,681 271,926 For the year ended 31 December 2023 At1Jan 2023 At 31 D•¢ 2023 Expendilure Transfgrs Unrestrlcted funds General funds 147,762 123,476 (119.866) (8,2971 143,075 147.762 123,476 119,866 8.297 143,075 Restrlcted fvnds Special Needs Mission Action Group Bean Fund Foodbank Local Hardship Fund Church Weekend Away 630 17,865 13,6451 {26,1621 1491 {14,4111 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 232,629 169,568 164,133 238,064 17
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 13 Movement In funds (continued) Rgstrictgd fvnds The Special Needs Fund txjnsists of funds given by church members to SUPFMJrt people both inside and outside the church with short-temi problems. Mission Action Group funds are those donated for supporting mission abroad, particu18rly in Greece. Albania and Burkina Faso. The 8ean Fund is made up of small donations from church members used to help provide meals Ibeans} for the homeless in Bristol. Foodbank Loc81 Hardship Fund. This fund provides a range of anci118ry seNices to clients of the Trussell Trust Foodbank oullel that operates on the Charity's premises. An amount of £2.020 was transferred lo general funds lo support the purchase of a boiler. Church Weekend Away Fund. This relates lo contributions made by some members of the church towards the cost of a weekend away during the year. The transfers between funds represents transfers from unrestricted funds lo support the Mission Action Group fund as part of the Charity s Mission expenditure. 14 Analysls of not assets between funds R&strict8d Funds G•n8ral Funds Total 2024 A$ at 31 D•¢amr 2024 Tangible fixed assets Other net assets 6.218 169.593 6,218 265,708 96,115 96,115 175,811 271,926 Restricted Funds General Funds Total 2023 As at 31 December 2023 Tangible fixed assets Other net assets 1.313 141,762 1,313 236,751 94,989 94,989 143,075 238,064 18
CHRIST THE ROCK CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 1 S Related party transactions There are no transactions with trustees or other related parbes other than those disdosed as required by the SORP elsewhere in the financial statements. 16 Opgratingloase commitmgnts Al the year- end, the Charity had tolal minimum commitrnenis under non- cancellable operating leases as set oul below.. Land & Buildings 2024 Land & Buildings 2023 Amounts payablo: Within 1 year Belween 2-5 years 6.875 27,500 The charity holds a lease agreement on ils premises with a temi of 25 years commencing in 2020. The lease includes a break clause exercisable every five years. The current fivyear period concludes in 2025, after which a new five-year commitmenl period will commence. subject lo the terms of the lease 17 Cornpany Ilmltod by guarontO0 The charity is a company limited by guarantee having no share capital. Every member is liable lo contribute £1 towards the costs of dissolution and the liabilities incurred by the charity in the event of the 19
CHRIST THE ROCK CHRISTIAN FELLOWSHIP MANAGEMENT INFORMATION YEAR ENDED 31 DECEMBER 2024 The followlng pages do nol fomi part of the statutory flnanclal statements whlch ara the subject of the Independenl examlnerfs report on page 7. 20
CHRIST THE ROCK CHRISTIAN FELLOWSHIP DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2024 Totsl Funds Total Funds 2024 2023 Income Offerings Gift aid donations Gift aid receipt Payroll giving Church weekend contributions Donations lo Special Needs Fund Mission Action Group Funds Youlhwork activities Foodbank Local Hardship Fund Investment income 13,676 94,546 25.227 17.590 3.570 630 10,625 227 15,777 1,675 2,866 80,197 20,158 17,180 630 19,605 846 27,597 489 Total income 183.543 169,568 Expendlture Ch8rit8ble 8cliviti8s Mlsslon Grants lo Christian organisabons Grants lo individuals 3.310 16,808 9,403 23,958 20,118 33,361 General mlnlstry Visiting speakers Books, music & Traidcraft purchases Foodbank local hardship Membership Special needs grants Church weekend away 550 1,015 12,124 2,059 1.107 3.600 913 552 14,411 1,935 3,645 20,455 21,456 Young peopla Kingdom Kids Youth group 43 1,558 2,694 1,601 2,694 21
CHRIST THE ROCK CHRISTIAN FELLOWSHIP DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2024 Totsl Funds Total Funds 2024 2023 Support costs allocatod to charitable activities Rent Rates & water Light & heal Insurance Telephone Printing, postsge & stslionery St8ff salaries & wages Employerfs pension conlribulion$ Training and other staff costs Sundry expenses Repairs & renewals Bank charges Depreciation Legal and professional fees Independent examination fees 30,199 1,732 3,157 1.415 1.079 538 52,457 938 343 1.836 6.001 186 473 4,573 2,580 29,475 1,624 4,297 1,419 1,307 413 44,208 880 1,925 505 15,832 183 438 1,770 2,346 107.507 106,622 Total axp•ndltur• 149.681 164,133 Not InGornel{8xpendlturo) 33.862 5,435 22