ASPLEY CHRIST CHURCH UNAUDITED ACCOUNTS YEAR ENDED 31 MARCH 2024 Registered Charity No 1156269
Chrls Churth - Trustees. Re ort and Accoun for Year ended 3tst March 2024 The Trustees present their annual report and the unaudited financial statements of the charity for the year ended 31 st March 2024. Reforence and administrative detalls Reglstered charity name Aspley Christ Church Charlty reglstratlon number 1156269 Prlnclpal office 531 Aspley Lane Aspley Nottingham NG8 5RW The Trusteos Mr A I Coward Mr M A Clowes Mr P K Riisnaes Mr D W Pigott Mr N Cruickshank Mr M J Walker Mr D Cottingham Independent •xam5ner
Chr5st Church - Trustees. Re ort for the Year ended 31st Marth 2024 Structure. governanc• and management The charity is a Charitable Incowated Organisation (CIO) incorporated and registered as a charity on 19th March 2014. The Trustees are all members of the CIO. There must be a minimum of at least three trustees but there is no maximum. Truste85 are given an appropriate level of induction and training. This is dependent on th8 individual's requirements and knowledge of charitrfs activities. Al trustees are reminded of their statutory obligations and given appropriate guidance and training on their responsibilities as trustees. The Trustees fomi part of a wider Leadership Team which meets 8 times a year and manages the day-to4ay operations of the charity. The Trustees delegate day to day man•Jement of the d)arity to',- Mr M A Clowes Pastor Mr J Bass Assistant Pastor Mr A Coward - Site Manager Administration Mrs K Pigott Mrs B Courtney Pastoral Worker MrsDEM8y - Treasurer The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. This indudes the implemenl8tion of procedures for authorisation of all transactions and projects. These procedures are annually reviewed to ensure that they meet the needs of the ()arity. Und8r its constitution, the chan'ty has the power to deposit or invest funds, employ 8 professional fund manager, and arrange for the investments or other property of the CIO to be hald in the name of nominee, in the s8me manner and subject to the same conditions as the trustees of a Trust are permitted to do by the Trustee Act 2COJ. Th charity ha8 power to employ and remunerate staff as are necessary for carying out the work of the CIO. The CIO may employ or remunerate a charity trustee only to the exient that it is pemitted to do so within the rules of the CIO or authorised by the Charity commission. The Trustees consider key management personnel to consist of the ch8rity Trustees. Trustees are r8quir8d to disdose all relevant interests and in 8CAX)rdan( with the charitls policy withdraw from decisions where a confiict of Interest arises. The Trustees are the Cstolan$ of the church prop8rty. The Trustees have had regard to the Charity Commissi¢)n guidance public t*nefit.
As I Chrlst Church - Trustees, Re ort for the Year ended 31st March 2024 Alms and Objectlves The church is set up for th6 benefit of attenders to the thurch and the local community in West Nottingham and the surrounding area, in order to share the message of the Christian Failh and provide practical support and friendship. In particJJlar thjse benefiting in the community are families and young people, as well as national and intemational missionaries and mission organisations. Actlvltles and Achlevements The Church has o)ntinued to grow in numb8r over the year. We regularly see new peopl8 coming into our services and activitl8S 88ch week, including an increasing number from Asia and Africa. During the year there was a charYJe in the Eldership, with Noah Noutch being appointed as a new Elder. This brings the Eldership to 5 in number. As plann8d in lasi year's report we completed the car park changes at the front of the Church. installed extra fire alarms and extend CETV within the building as w811 as installing a safety hand rail in the café area. We 81so installed a hearing loop and fire exit doors in the lQ'tchen and lounge areas Following completion of the above fire saf8ty installations the Church did multiple fire drills to test and review our processes and to familiarise volunteers and the congregation with our fire safety procedures. During the year a decision was taken by the Trustees not to install fire escape from the first flocK. A suite of further mitigaticm measures was put in pla(% at same time. Plans for the Future With the growth in numbers we see resource in the church SttChed in many areas. This year we started to explore the possibility of employing another church worker. It is expected tr)at in early 2025 we will appoint a row resource with responsibility f Community and Children's work. The heating in the building d08s not appear to be operating satisfactorily and we are loO.rj to explore ways to improve this. Flnanclal R•vl•w Income for the year amounted to £154,035 (2023. £165,920>. Expenditure amounted to £173,252 {2023.' £135,CQ2) leaving 8 deficit of £19,217 {2023 surplus of £30,918) The cash held in ts bank and at hand at the year-end was £34,583 (2023.. £53,800). Th8 general fund had a defia't of £6,053 at the year end. This was du8 to slightly less income than thg previous year and increased costs in line with infiation. The Building fund (restricted) had a deficrt of £13,913 at the year ar. This was due lo sper refurbishing the car park and updating heating. Expense headiros in the finanaal stat@ments were updated to better refiect expenditure.
As I Chrlst Church - Trustees, R ort for the Year end d tst March 2024 Re8erve8 Policy Aspley Christ Churth was established in 1931 and is currently exp8rien¢ing a period of growth. The charity is a going concern and the Trustees have deemed it necessary to retain reasonable reserves for salaries, running costs and general maintenance. The agreed level of reserves that the Trustees have agreed to retain is the equivalent of 3-6 months running cx)sts. To retain this level of reserves the Twstees will penodically discuss the balance of res8rv8s held. The Treasurer will report any significant charvJes to levels of resep4es to the Trustees as approyiate. If the level of reserves has dropped the Trustees will consider whether this is due to reducti of income or increase in expenditure or both and what action sh(Id be taken. The Trustees will conduct an annual risk analysis of the church's finanaal situation its impact on reserves held. This policy was adopted on 19th October 2021 and will be reviewed in October 2025. The Trustees, annual report was approved on ... board of Trustees by: . and slgned on behalf of the Trustee
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ASPLEY CHRIST CHURCH TRUST I report to the trustees on my examination of the accounts of the Aspley Christ Church Trust (the Trust) for the year ended 31 March 2024. RESPONSIBILITIES AND BASIS OF REPORT As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Act'l. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directs'ons given by the Charity Commission under section 145151{b) of the Act. INDEPENDENT EXAMINER'S sfATEMENT I have completed my examination. I confirm that no material matters have come to my attention in connectlon with the examination giving me cause to believe that In any material respect: accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records. 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. Si8ned: Name". Dudley Coth'ngham Address: 93 Hilcot Drive Aspley Notknngham NG8 5HT Date: /L
Christ Church- Flnan¢i•l Statements for Ye•r end•d 31 March 024 Recelpts and Payments Account Summa In Out Bal•nce 23124 28,051 Balance 22123 34,104 General Fund 99.101 105,154 Compassion 417 1.870 2,360 Orgs & Misslon 23,936 22,698 -1,638 Buildin8 Fund 30.581 44.493 5,063 18.975 Total 154,035 173,252 53,801 B•lanc• of Fundi Cash In Hand Mar 2024 Natwest Bal BIF 22123 In 53.801 154,035 173,252 27,328 7,256 Co-operatvve Out Bal CIF 23124 G•n•rnl ndltur• 23124 67,478 22123 62,619 604 21122 55.247 Wa8es & Salaries Pastor Expense Church Worker Éxpense Print & Stationery Training & Conference Toddler5 Sun Sch¢)ol Vouth Work Adult Work Visrting Speakers Refreshments Pastoral 544 905 1,305 2,375 2,669 174 3,075 142 570 6,842 2,942 1,708 2,963 3,621 916 L498 1.103 350 Lunches etc 902 2,194 4.280 10,948 605 Licences & Sub5criptlons Gen Building Admln 5.687 12,581 4.015 9,858 1,844 635 2,467 94,080 Tota5 105,154 76.432 In om• 23124 99,101 417 21123 103,707 3,444 24,017 32,942 1,810 165,920 21112 78.526 769 General Fund Compassion Organisations & Mission Buildin8 Fund Youth 259er5 Total 23.936 30.581 20,557 74,556 154,035 174,408 B•l•nc• of Lo•n5 from Church Members BIF 0110412023 Repaid 23124 CIF 3110312024 69,500 13,0(KJ 56,500 Appro1 at a rneeting of the Trustees on 20? Signed