**REGISTERED COMPANY NUMBER: 08140653 (England and Wales) REGISTERED CHARITY NUMBER: 1154240**
**Report of the Trustees and**
## **Unaudited Financial Statements**
**for the Year Ended 31 March 2024**
## **for**
## **MACKINTOSH EVANGELICAL CHURCH**
**MACKINTOSH EVANGELICAL CHURCH**
**Contents of the Financial Statements FOR THE YEAR ENDED 31 MARCH 2024**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|5|
|**Independent Examiner's Report**||6||
|**Statement of Financial Activities**||7||
|**Balance Sheet**|8|to|9|
|**Notes to the Financial Statements**|10|to|17|
|**Detailed Statement of Financial Activities**|18|to|19|
**MACKINTOSH EVANGELICAL CHURCH**
## **Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The charity's objectives, as expressed in the Articles of Association, are as follows:
- 1 To advance the Christian faith in accordance with the statement of beliefs in such ways and in such parts of the United Kingdom or the world as the trustees from time to time may think fit;
- 2 To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world as the trustees from time to time may think fit;
- 3 To advance education in such ways and in such parts of the United Kingdom or the world as the trustees from time to time may think fit.
## **Public benefit**
The charity's trustees can confirm that they have given due regard to the Charity Commission's guidance on public benefit. Significant activities undertaken in furtherance of the charity's objectives and for the benefit of the public are set out on the following pages.
Page 1
**MACKINTOSH EVANGELICAL CHURCH**
**Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024**
## **OBJECTIVES AND ACTIVITIES**
## **Significant activities**
Mackintosh Evangelical Church runs a wide range of activities in furtherance of its objectives. The core activities of the church are noted below, with detail of activity in the year in the 'Achievement and Performance' section of the report.
**Sunday worship:** The church holds weekly Sunday services, in both the morning (in the church building) and the evening, which are open to members and non-members alike and bring together those of all ages and backgrounds. These regular services include Biblical teaching, prayer and musical worship.
**Youth:** During the Sunday morning service, a crèche and a Sunday school are available to care for and provide teaching for children and young people. Pre-school children along with their parents and carers, many of whom are not members of the church, gather in a friendly and informal baby and toddler group on Wednesday mornings.
**Small groups:** Small group meetings are a key part of church life. Home groups meet regularly on Wednesday evenings, providing a focus for bible study, prayer and pastoral support for church members. The church also provides study courses or meetings from time to time for those interested in Christianity. These sessions are discursive in format and offer the opportunity to find out more about the Christian faith.
**Community activities** : Mackintosh Evangelical Church seeks to reach out to the community in our locality and gives a warm welcome to visitors not only at our regular meetings and youth and children's groups, but also at activities such as craft and coffee mornings, and annual Christmas and Easter events and services. Every Thursday morning, the church opens as a warm and welcoming space, offering refreshments and also hosting a community 'FAN' (Friends and Neighbours) meeting.
## **Grant-making**
A key way in which the church contributes to the wider community in the UK and beyond is by giving financial donations to external organisations and mission partners. We have a number of mission partners who receive regular monthly support. In addition to this, the eldership team decides on a regular basis which other causes to support with one off donations. This may include causes which have a link to the church and/or its members, to support of outreach in the local community, or gifts made to a visiting speaker who has attended, whilst ensuring that the church's charitable objectives are being met in each case. On top of this, wide scale Christian charitable appeals for particular areas of need in both the UK and overseas are considered for donations. The church consistently donates in the region of 20% of its income to such causes; there is no policy commitment to maintain this level of external donations, however it is a level that the trustees do wish to maintain so long as income and reserves allow.
## **Volunteers**
The church has a small number of employees who contribute significantly to the planning and running of its activities. However, there is a much larger body of volunteers, without whom the continuance of many of the church's activities would not be possible.
Page 2
**MACKINTOSH EVANGELICAL CHURCH**
**Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The church has had a positive year as we have seen activities throughout the week open and flourish and a number of new people and families continue to join us on Sunday mornings.
Our Sunday morning children's activities are now run as 4 separate groups, having expanded to best provide for the range of children attending. These groups welcomed an average of 20 children a week across 4 age groups. We are pleased to have been able to resource an increased number of groups and hope to remain able to do so as long as is required. Our baby and toddler group 'Miniscules' has remained popular, and seen both existing and new families come through the doors on a weekly basis. Our seasonal craft mornings have been very well attended in the year, welcoming families from the community into the church.
'Sunday @ 1' started running in the year - an event on the first Sunday of the month which is held after the morning service. Families are invited to share a meal together in the church building, followed by games and other activities for the children whilst parents enjoy a cup of tea and a chat. This has been well attended and enjoyed by our families.
Community outreach activities continued in the year, with our Thursday morning Welcome Space, including a FAN (Friends and Neighbours) meeting and drop-in café, continuing to run on a weekly basis. We have seen a large number of different individuals attend these events, with a smaller number of regular attendees. Our monthly coffee mornings have also run throughout the year. A number of people who had been welcomed to these events have then joined us on a Sunday morning as well.
Our homegroups continued to meet throughout the year, with a focus on integrating the whole fellowship into these groups as a key part of church life.
Some significant works have been completed in the church building in the year, with the large commercial boiler having been replaced and a new accessibility ramp added to the building to allow ease and equality of access.
The trustees are satisfied that the charity has continued to meet its charitable aims and objectives throughout the year.
## **FINANCIAL REVIEW**
The church is wholly dependent on the generosity of individuals, and from time-to-time grants from charitable trusts, to continue its work. Risk is reduced by the fact that donations come from a wide number of individuals, giving consistent monthly amounts. We are encouraged that giving has remained largely consistent year-on-year, and in recent years slightly increased. We are thankful in particular in 2023-24 for legacy gifts totalling £32,825 (2023 - £2,000), received from the estates of three past faithful members of our fellowship who passed on in recent years.
Total income in the year to 31 March 2024 was £116,491 (2023 - £99,800), including legacies, donations from individuals and the associated gift aid totalling £115,283 (2023 - £88,882).
Expenditure in the year was £83,351 (2023 - £94,447), resulting in net income for the year of £33,140 (2023 - £5,353).
## **Reserves policy**
The trustees aim to hold sufficient reserves to cover 6 to 12 months of the normal operating costs of the church. As at 31 March 2024, the charitable company had total funds of £670,594 (2023 - £637,454), all of which were unrestricted. Deducting fixed assets of £554,560 (2023 - £553,214), this leaves free reserves of £116,034 (2023 - £84,240), which equates to approximately 15 months (2023 - 11 months) normal operating costs. The legacies received in year have resulted in the position that reserves held are well in excess of policy - the elders and trustees are considering the best use of these additional funds in the medium-term.
Page 3
**MACKINTOSH EVANGELICAL CHURCH**
**Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024**
## **FUTURE PLANS**
The church leadership team continues to review our activities to assess their viability in light of the resources we have, and to ensure that our objectives continue to be met. Some change to activities has gone on in the previous year, and the plan for the next year is to maintain stability of our existing program of worship and children's and community activities, with no significant new activities on the horizon for next year.
The elders and trustees are looking at using the resources available to us to increase our financial support of our mission partners. The eldership team is strategically considering which organisations and individuals the church is able to support and at what level in the coming years.
The trustees consider that the charity will continue as a going concern for a period of 12 months from the date on which these financial statements are approved for the following reasons:
- The church is not reliant on any once source of donation income, but receives donations from multiple individuals; and
- The charitable company holds sufficient reserves, as detailed in the reserves policy above, to enable us to continue operating should there be any loss of income in the short to medium term.
The trustees therefore consider it appropriate to adopt the going concern basis of preparation of the accounts, as detailed in note 1 to the financial statements.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity's governing document is its Memorandum and Articles of Association, dated 12 July 2012. This is the date on which the charity was incorporated.
## **Recruitment and appointment of new trustees**
The trustees are mindful of the need to ensure that there is sufficient breadth of knowledge and skills on the board to enable proper management of the church's resources. When required, new trustees are appointed by the current board of trustees, on the basis of qualifications and experience relevant to the operations of the church.
## **Induction and training of new trustees**
Trustees will largely be church members who have already been involved with the church for a significant period of time, and are therefore familiar with its activities. New trustees undertake appropriate induction and training; they are made aware of their responsibilities as trustees and directed towards the Charity Commission's guidance for trustees.
## **Organisational structure**
The charity is administered by a management group comprising the trustees. The trustees meet formally on a quarterly basis to oversee proper management and administration of the church's property and funds for the public benefit, and to ensure that the charity continues to meet its legal and regulatory responsibilities.
The eldership team, comprising 2 trustees and 4 others, meets on a monthly basis and deals with all Spiritual matters involved in the running of the church, as well reviewing in detail the specific activities carried out by the church. There is one paid staff member on the eldership team.
The trustees and elders have delegated the operational week-on-week running of a number of the church's activities to other church members, including to staff members.
## **Key management remuneration**
The key management personnel of the charitable company consist of the trustees and elders. Alistair McGhee is remunerated by virtue of his position as Pastor, with pay set and reviewed periodically by non-remunerated members of the Trustee Board.
Page 4
**MACKINTOSH EVANGELICAL CHURCH**
## **Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024**
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 08140653 (England and Wales)
**Registered Charity number** 1154240
## **Registered office**
61-63 Mackintosh Place Cardiff South Glamorgan CF24 4RL
## **Trustees**
J H Griffiths P S Andrews D Gamble J Andrews A Handley
## **Other key management personnel**
Pastor - Alistair McGhee
## **Independent Examiner**
Andrew Jordan FCA Haines Watts Chartered Accountants Bath House 6 - 8 Bath Street Bristol BS1 6HL
## **Bank services**
CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
## **FUNDS HELD AS CUSTODIAN FOR OTHERS**
None.
Approved by order of the board of trustees on 10 December 2024 and signed on its behalf by:
J Andrews - Trustee
Page 5
**Independent Examiner's Report to the Trustees of Mackintosh Evangelical Church**
## **Independent examiner's report to the trustees of Mackintosh Evangelical Church ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
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 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Andrew Jordan FCA
Haines Watts Chartered Accountants Bath House 6 - 8 Bath Street Bristol BS1 6HL
11 December 2024
Page 6
## **MACKINTOSH EVANGELICAL CHURCH**
## **Statement of Financial Activities (Incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2024**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**115,283**
**Charitable activities**
4
Church Activities
**-**
Investment income
3
**1,208**
Other income
**-**
**Total**
**116,491**
**EXPENDITURE ON**
**Charitable activities**
5
Church Activities
**75,981**
External causes supported - UK
**4,770**
External causes supported - overseas
**2,600**
**Total**
**83,351**
**NET INCOME**
**33,140**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**637,454**
**TOTAL FUNDS CARRIED FORWARD**
**670,594**|Restricted
funds
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2024**
**Total**
**funds**
**£**
**115,283**
**-**
**1,208**
**-**
**116,491**
**75,981**
**4,770**
**2,600**
**83,351**
**33,140**
**637,454**
**670,594**|2023
Total
funds
£
88,882
10,167
346
405|
|---|---|---|---|
||||99,800|
||||81,547
5,400
7,500|
||||94,447|
||||5,353
632,101|
||||637,454|
The notes form part of these financial statements
Page 7
## **MACKINTOSH EVANGELICAL CHURCH (REGISTERED NUMBER: 08140653)**
## **Balance Sheet 31 MARCH 2024**
|Notes
**FIXED ASSETS**
Tangible assets
13
**CURRENT ASSETS**
Debtors
14
Cash at bank
**CREDITORS**
Amounts falling due within one year
15
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
16
Unrestricted funds
**TOTAL FUNDS**|Unrestricted
fund
£
**554,560**
**23,269**
**97,081**
**120,350**
**(4,316)**
**116,034**
**670,594**
**670,594**|Restricted
funds
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2024**
**Total**
**funds**
**£**
**554,560**
**23,269**
**97,081**
**120,350**
**(4,316)**
**116,034**
**670,594**
**670,594**
**670,594**
**670,594**|2023
Total
funds
£
553,214
19,577
69,913
89,490
(5,250)
84,240
637,454
637,454
637,454
637,454|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 8
## **MACKINTOSH EVANGELICAL CHURCH (REGISTERED NUMBER: 08140653)**
## **Balance Sheet - continued 31 MARCH 2024**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 10 December 2024 and were signed on its behalf by:
J Andrews - Trustee
The notes form part of these financial statements
Page 9
**MACKINTOSH EVANGELICAL CHURCH**
**Notes to the Financial Statements FOR THE YEAR ENDED 31 MARCH 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling which is the functional currency of the charity and are rounded to the nearest £.
The Trustees consider there are no material uncertainties about the charitable company's ability to continue as a going concern.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Offerings and donations are recognised on receipt. Procedures are in place to ensure the completeness of income.
Income tax recoverable on gift-aid donations is recognised when claimable.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Other equipment - 20% on cost Computer equipment - 33% on reducing balance
Land and buildings are valued at deemed cost being the trustees' valuation of £550,000 based on a professional valuation at 25 October 2019.
As permitted by the Statement of Recommended of Practice, no provision for depreciation has been made for freehold property as it is the view of the trustees that the estimated residual value of the property is not materially different from the carrying value.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
continued...
Page 10
**MACKINTOSH EVANGELICAL CHURCH**
**Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives 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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Donated goods, facilities and services**
The value of services provided by volunteers is not incorporated into the financial statements.
Where goods or service are provided to the charity as a donation that would normally be purchased from suppliers, the contributions are included in the financial statements as an estimate based on the value of the contribution.
## **Short term liquid investments and cash**
Cash at bank is held to meet short-term cash commitments as they fall due rather than for investment purposes and includes all cash equivalents held in the form of short-term highly liquid investments. Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.
## **Financial instruments**
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **2. DONATIONS AND LEGACIES**
|Offerings and other donations
Gift aid
Legacies|**2024**
**£**
**66,557**
**15,901**
**32,825**
**115,283**|2023
£
70,673
16,209
2,000|
|---|---|---|
|||88,882|
continued...
Page 11
**MACKINTOSH EVANGELICAL CHURCH**
**Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **3. INVESTMENT INCOME**
|Deposit account interest
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Weekend away
Church Activities
**5.**
**CHARITABLE ACTIVITIES COSTS**
Church Activities
External causes supported - UK
External causes supported - overseas
**6.**
**GRANTS PAYABLE**
External causes supported - UK
External causes supported - overseas
The total grants paid to institutions during the year
Cardiff Asian Christian Outreach
Echoes (Rwanda)
Rwanda Orphans Project
Other grants (less than £500)|**2024**
**£**
**1,208**
**2024**
**£**
**-**
Grant
funding of
activities
Support
Direct
(see note
costs (see
Costs
6)
note 7)
£
£
£
**66,854**
**-**
**9,127**
**-**
**4,770**
**-**
**-**
**2,600**
**-**
**66,854**
**7,370**
**9,127**
**2024**
**£**
**4,770**
**2,600**
**7,370**
was as follows:
**2024**
**£**
**1,200**
**-**
**600**
**920**
**2,720**|2023
£
346
2023
£
10,167|2023
£
346
2023
£
10,167|
|---|---|---|---|
|||Totals
£
**75,981**
**4,770**
**2,600**||
|||**83,351**||
|||2023
£
5,400
7,500||
|||12,900||
|||2023
£
1,200
500
-
900
2,600||
||||2,600|
In addition, grants of £4,650 (2023 - £10,300) were paid to individuals.
continued...
Page 12
**MACKINTOSH EVANGELICAL CHURCH**
## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **7. SUPPORT COSTS**
||||Governance||
|---|---|---|---|---|
||General|Finance|costs|Totals|
||£|£|£|£|
|Church Activities|**6,835**|**60**|**2,232**|**9,127**|
|**NET INCOME/(EXPENDITURE)**|||||
|Net income/(expenditure) is stated after|charging/(crediting):||||
||||**2024**|2023|
||||**£**|£|
|Depreciation - owned assets|||**1,410**|1,237|
## **8. NET INCOME/(EXPENDITURE)**
## **9. INDEPENDENT EXAMINER'S REMUNERATION**
During the year independent examination fees of £1,320 (2023 - £1,270) and fees for accounting and other services of £912 (2023 - £1,172) were paid to Haines Watts Chartered Accountants.
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
The total remuneration key management personnel during the year was £27,623 (2023 - £27,623).
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **11. STAFF COSTS**
|Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Charitable activities: Pastor
Support staff: Cleaner|**2024**
**£**
**28,896**
**623**
**29,519**
**2024**
**1**
**1**
**2**|2023
£
34,712
667|
|---|---|---|
|||35,379|
|||2023
1
1
2|
No employees received emoluments in excess of £60,000.
continued...
Page 13
**MACKINTOSH EVANGELICAL CHURCH**
## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024**
|**12.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
88,882
**Charitable activities**
Church Activities
10,167
Investment income
346
Other income
405
**Total**
99,800
**EXPENDITURE ON**
**Charitable activities**
Church Activities
81,547
External causes supported - UK
5,400
External causes supported - overseas
7,500
**Total**
94,447
**NET INCOME**
5,353
**RECONCILIATION OF FUNDS**
Total funds brought forward
632,101
**TOTAL FUNDS CARRIED FORWARD**
637,454|Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-|Total
funds
£
88,882
10,167
346
405|
|---|---|---|
|||99,800|
|||81,547
5,400
7,500|
|||94,447|
|||5,353
632,101|
|||637,454|
continued...
Page 14
**MACKINTOSH EVANGELICAL CHURCH**
## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **13. TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2023
Additions
Disposals
At 31 March 2024
**DEPRECIATION**
At 1 April 2023
Charge for year
Eliminated on disposal
At 31 March 2024
**NET BOOK VALUE**
At 31 March 2024
At 31 March 2023|Freehold
property
£
**550,000**
**-**
**-**
**550,000**
**-**
**-**
**-**
**-**
**550,000**
550,000|Other
equipment
£
**3,938**
**-**
**-**
**3,938**
**2,686**
**350**
**-**
**3,036**
**902**
1,252|Computer
equipment
£
**12,315**
**2,756**
**(6,691)**
**8,380**
**10,353**
**1,060**
**(6,691)**
**4,722**
**3,658**
1,962|Totals
£
**566,253**
**2,756**
**(6,691)**|
|---|---|---|---|---|
|||||**562,318**|
|||||**13,039**
**1,410**
**(6,691)**|
|||||**7,758**|
|||||**554,560**|
|||||553,214|
Included in cost or valuation of land and buildings is freehold land of £550,000 (2023 - £550,000) which is not depreciated.
## **14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Other debtors
Gift aid recoverable
Prepayments|**2024**
**£**
**3,171**
**15,372**
**4,726**
**23,269**|2023
£
1,049
16,172
2,356|
|---|---|---|
|||19,577|
continued...
Page 15
**MACKINTOSH EVANGELICAL CHURCH**
**Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Creditors
Social security and other taxes
Accruals and deferred income
**16.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.4.23
£
**637,454**
**637,454**
Incoming
resources
£
**116,491**
**116,491**
At 1.4.22
£
632,101
632,101|**2024**
2023
**£**
£
**1,262**
2,240
**360**
384
**2,694**
2,626
**4,316**
5,250
Net
movement
At
in funds
31.3.24
£
£
**33,140**
**670,594**
**33,140**
**670,594**
Resources
Movement
expended
in funds
£
£
**(83,351)**
**33,140**
**(83,351)**
**33,140**
Net
movement
At
in funds
31.3.23
£
£
5,353
637,454
5,353
637,454|
|---|---|---|
continued...
Page 16
**MACKINTOSH EVANGELICAL CHURCH**
**Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **16. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|99,800|(94,447)|5,353|
|**TOTAL FUNDS**|99,800|(94,447)|5,353|
## **17. EMPLOYEE BENEFIT OBLIGATIONS**
During the prior year, the charity paid into a defined contribution pension scheme. The total for the year of £Nil (2023: £667) is included within expenditure in the Statement of Financial Activities.
There were outstanding charity contributions of £Nil (2023: £Nil) as at 31 March 2024.
## **18. RELATED PARTY DISCLOSURES**
A donation of £600 was made to the Rwanda Orphans Project, a charitable project over which Peter Andrews, a trustee, has significant influence.
## **Donations from trustees and related parties**
The aggregate donations received from trustees and other related parties were £7,650 (2023 - £7,800).
## **19. COMPANY LIMITED BY GUARANTEE**
The charity is a private company limited by guarantee having no share capital and, in accordance with the Memorandum of Association, every member is liable to contribute £1 towards the costs of dissolution and liabilities incurred by the charity in the event of the company being wound up.
Page 17
**MACKINTOSH EVANGELICAL CHURCH**
## **Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2024**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Offerings and other donations
Gift aid
Legacies
**Investment income**
Deposit account interest
**Charitable activities**
Weekend away
**Other income**
Insurance claim
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Pensions
Rates and water
Light and heat
Maintenance, repairs and renewals
Kitchen consumables and catering
Sunday school and youth work
Church weekend away
Printing, postage and stationery
Other equipment depreciation
Grants to institutions
Grants to individuals
**Support costs**
**General**
Wages
Insurance
Internet and telephone
Carried forward|2024
£
**66,557**
**15,901**
**32,825**
**115,283**
**1,208**
**-**
**-**
**116,491**
**27,000**
**623**
**292**
**5,979**
**29,453**
**748**
**598**
**-**
**751**
**1,410**
**2,720**
**4,650**
**74,224**
**1,896**
**2,497**
**921**
**5,314**|2023
£
70,673
16,209
2,000|
|---|---|---|
|||88,882
346
10,167
405|
|||99,800
29,525
667
253
8,483
14,491
577
324
11,757
835
1,237
2,600
10,300|
|||81,049
5,187
2,153
742
8,082|
This page does not form part of the statutory financial statements
Page 18
**MACKINTOSH EVANGELICAL CHURCH**
## **Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2024**
|**General**
Brought forward
Sundries
Travel & Subsistence
Membership and licences
**Finance**
Bank charges
**Governance costs**
Independent examiner's remuneration
Total resources expended
**Net income**|2024
£
**5,314**
**490**
**-**
**1,031**
**6,835**
**60**
**2,232**
**83,351**
**33,140**|2023
£
8,082
962
455
1,385|
|---|---|---|
|||10,884
72
2,442|
|||94,447|
|||5,353|
This page does not form part of the statutory financial statements
Page 19