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← Pneuma Church

2024-03-31-accounts

PNEUMA CHURCH

(A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

CHARITY REGISTRATION No: 1156319

COMPANY REGISTRATION No: 08824457

PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

CONTENTS

----- Start of picture text -----
Page 2 Reference and administrative details of the charity, its trustees and advisors
Pages 3 to 5 Trustees' report
Page 6 Independent examiner's report
Page 7 Statement of financial activities
Page 8 Balance sheet
Pages 9 to 20 Notes to the financial statements
Pages 21 to 22 Statement of Cashflows
----- End of picture text -----

1

PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024

REFERENCE AND ADMINISTRATIVE INFORMATION

CHARITY NAME

Pneuma Church (formerly Ashford Vineyard Church)

CHARITY NUMBER

1156319

COMPANY REGISTRATION NUMBER 8824457 START OF FINANCIAL YEAR 1st April 2023

END OF FINANCIAL YEAR

31st March 2024

TRUSTEES THAT SERVED DURING Mr C M Kimmance THE YEAR TO 31 MARCH 2024 Mrs R Tomsett (nee Jenkins) Mr I Witts (resigned 14 December 2023) Mrs E Davies Mr R M L Eason Mr J K Henderson (resigned 25 March 2024) Mrs L Mitchell

COMPANY SECRETARY

Mr R M L Eason

REGISTERED ADDRESS

Units 1 & 9 Ashford Works Cobbswood Industrial Estate Brunswick Road Ashford Kent TN23 1EH

DATE OF INCORPORATION

23rd December 2013, as amended 13 April 2022

GOVERNING DOCUMENT BANKERS

Memorandum and Articles of Association

Metro Bank CAF Bank Limited One Southampton Row 25 Kings Hill Avenue London Kings Hill WC1B 5HA ME19 4JQ

INDEPENDENT EXAMINERS

Independent Examiners Limited Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF

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PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024

The trustees present their report and financial statements for the year ended 31 March 2024.

The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)) and the Companies Act 2006.

Who we are

Pneuma Church is a family on a mission who create spaces for people to encounter God, be equipped to bring life to the city and experience the outworking of this in their day-to-day.

What we’re like

‘The environment we curate to nurture the things we wish to see’

We have 11 main headings of our culture and underneath sit other statements that help shape who we are. The 11 main culture statements are below:

  1. God is good

  2. We live in God’s presence

  3. God is always working

  4. God has a plan for our lives

  5. God has placed us to bring life where we are

  6. Pneuma Church is family

  7. We look to love people well

  8. All are invited!

  9. God’s word is powerful in changing lives

  10. We celebrate risk as we pursue the ‘impossible’

  11. Faith is relationship, not religious ritual

Objectives and Activities

Our culture is designed to practically reflect our objectives and guide planning for our activities. The trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit and in particular to its supplementary public benefit guidance and worked with our leadership team to deliver our objectives.

The Charity's objectives (the Objects) are for the public benefit and are restricted to the following:

‘Bringing life to the city’

We have interpreted and simplified these Objects as the differences and changes we aim to achieve for people and communities as follows:

Increasing people's connection to God as Father:

Improving health and well-being:

Reducing the impact of poverty:

Developing leaders:

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PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024

Improving aspirations and opportunities for children & young people:

Strengthening families:

Our strategy:

Our overall strategy for achieving our aims and objectives is summarised as:

Encounter – that people would be ‘seen’, valued and loved as individuals, motivated by our relationship with God, as modelled by Jesus – and thus encounter God for themselves.

Equip – that by receiving this offer of love, in both practical and relational forms, they will be equipped to tackle life and achieve their full potential, for themselves and others.

Experience – that each would have an ongoing experience of fullness of life and help others have a similar experience.

We achieve this by setting up programmes that address people’s needs, primarily by creating mutually supportive communities – to work WITH people and NOT to do TO people. Needs can include material needs, food, clothing and household items, advice and signposting, training and support groups.

We measure the impact through gathering general statistics on quantity of services and items provided, actual changes in people’s life circumstances (e.g. out of debt, got a job, new housing, reduced or stopped substance misuse, healed etc.) – this is backed up with actual stories of the impact our work has had on people’s lives.

Activities and programmes

Our activities and programs are driven by our strategy based on our vision and objectives as follows:

Pneuma Sundays

Pneuma Sundays are an important part of the life of Pneuma Church, where we gather as a family to encounter God and connect with each other.

KIDS & YOUTH

We are passionate about raising up and equipping our children and young people to walk in their true identity as carriers of God’s love.

At Pneuma Kids we play, explore the bible, and worship Jesus as He is present throughout our time together!

Everyone is invited to come as they are at Pneuma Youth! We are passionate about creating spaces to encounter Jesus, know Father God and experience the Holy Spirit. We do that through worship, prayer, discovering the Bible and tackling 'hot topics' together.

We believe that our youth are the 'now' generation and we want to help them step out into this world knowing who God is and who they are, equipped with a toolkit that will enable them to live out God's plans for their lives.

FEAST - “Family around a table”

The heart of Feast is family around a table in a home sharing food together. This brings people together to contribute and share across the generations, modelling good family relational dynamics.

GROUPS

Reflect:Grow:Pray

These are groups made up of 3-6 people, meeting for around 1 hour once a week, designed to do a few things:

  1. Inspire each person in their own discipleship to Jesus.

  2. Create intentional community, building relationships to know and be known by others over time, encouraging each other on.

  3. Grow in the knowledge and love of God, through reading and reflecting on the Bible.

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PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024

A space to know, be known and be inspired to deeper intimacy with Jesus.

These are led, slightly larger groups meeting regularly with a focus on deepening relationship with Jesus. A place to be known, delve into the Bible and find community.

COMPASSION

Working with the local community to support and empower people. Everyone is welcome to access our services. This sometimes starts with a bit of practical help such as hot meals, free school uniform, or financial guidance and support.

These items are free of charge to anyone who needs them. We also have school uniform, toiletries, and small household supplies (such as kitchen necessities, bedside tables, and sometimes beds themselves).

We have a fantastic support worker whose job is to support families we meet in whatever way we can!

This could include helping them to access other Pneuma Church projects, accompanying people to appointments, signposting to other services across Ashford or simply having coffee and checking in with people.

Once goals are set, we ensure that someone walks alongside each family cheering them on and encouraging them as they step into a renewed vision for their lives.

Emergency Food

Family Food Bank boxes available for those who are in need of emergency food.

No one should go hungry during a crisis. These free, pre-packed emergency Food Boxes are designed to provide shortterm, emergency support for anyone in need.

(In partnership with CAP: Christians Against Poverty, in Ashford.)

CAP offers free, impartial advice and support to become debt free. People can get in touch with CAP on 0800 328 0006 to book an appointment with a debt coach in Ashford. We also offer free 3-week courses that help individuals learn how to better manage their money.

THE BEEHIVE

A second-hand women’s clothing boutique (not a ‘charity shop’), community café and training hub in the heart of Ashford with a passion about creating space for people to thrive.

Our aim has always been, that every woman who enters our shop is made to feel beautiful, valued and that they matter; whether that is a volunteer, customer or client.

At the very heart of The Beehive is a place where women who can’t afford clothing can be referred by local services to come and get clothes for free.

It is a place of dignity and beauty where paying customers and referred women, share the very same boutique experience – the difference is that when the clothes are scanned into the till, our referred women’s total clocks up to £0.

The café offers a space where people can sit and enjoy coffee and cake; have a rest and catch their breath.

Coffee Club

Building community one mug of coffee (or tea) at a time. Coffee Club meets on the morning of the third Wednesday of the month at The Beehive. It’s a great place to meet new people over coffee and cake.

Beehive Book Club

A very relaxed chat in The Beehive about a different book each month.

Ashford Sings! community choir

Ashford Sings! is made up of local people – no auditions required. The aim of the choir is simple – have fun singing together and then take our voices to various locations around Ashford, the surrounding area and beyond, to spread a little joy!

Partnerships

We work closely with several local bodies such as Ashford Borough Council where we support a number of their homeless residents. We also receive referrals from Kent County Council Social Services and the local NHS Health Visitors . In addition, we link with several local schools who refer families facing difficulties. Related to these, Ashford Street Pastors also refer individuals they encounter who need additional support.

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PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024

Other partners where we support their work are Home for Good , a fostering and adoption agency, where we both promote their work, give money and have several families who foster children; Compassion UK who work with families in the developing world and some of us sponsor young people through them. We also support Street Pastors, Ashford with funds and volunteer recruitment. Finally, we sponsor Every Life , an agency working with families in the poorest communities in Uganda.

Achievements and Performance

Through 2023-24 we connected with over 3,300 individuals through our range of activities. These are served by a core of 11 staff and 150 volunteers. We are constantly striving to grow in all areas of our charity, with attendance increasing on Sunday mornings, and the numbers of families being impacted by our Compassion projects and the Beehive steadily increasing.

Over the course of the reporting period Pneuma Compassion has had over 4,000 interactions with 600 families and individuals. This includes supplying food parcels, members of our ‘Renew’ social supermarket, those receiving children’s clothes and equipment along with furniture and other support. We currently employ 2 members of staff (1.33FTE) who oversee the running of the multiple projects and meet with clients one to one to help guide them to a place where they no longer require our services. Grant funding has been spent on meeting people’s needs encountered from both food and furniture poverty, with £2,000 being spent on food, alongside donations we receive from local supermarkets and individuals.

The Beehive has seen many women attending courses centred around coaching and opportunities to grow in self-confidence and wellbeing. We have offered free shopping appointments to 98 women referred from many different sources, including the NHS and Social Services with the average cost per appointment, where a lady receives clothing as well as a drink and cake, being £60. During the reporting period we employed 3 staff (2.1 FTE), to oversee the running of the project. The cost of the lease on the shop is a key expense which is £16,800/year. All clothing stock is donated.

Pneuma Sundays saw an average of around 100 adults, 30 primary school age and 15 secondary school age children on a Sunday morning. Numbers have gradually increased throughout the year, and we are looking at opportunities to further facilitate this growth. Regarding children and young people; in January 2024 we employed a pastor to specifically work with children and young people and their families and by the end of the financial year this had led to growth in the numbers of secondary school aged children accessing Sunday mornings as well as our other youth provision in the week.

Ashford Sings! is a community choir sponsored by Pneuma Church. This has a membership of 217 with an average of 136 attending each Sunday evening for practice and sections of the choir meeting regularly to practice their parts. They have performed around 10 ‘gigs’ throughout the year at various locations across Ashford and, at Christmas, in Trafalgar Square. AS! also took 105 ‘on tour’ to Holland in April 2023 where they performed several times each day over the three day trip. They have raised £411 for Pilgrims Hospice, through donations at ‘gigs’ and their annual Quiz Night. AS! is a strong community, regularly meeting together for social events outside of ‘gigs’.

Volunteers play a central part in the delivery of our aims and objectives. We have around 150 volunteers covering roles at every level of the charity. These include hospitality, technical systems, guest services, finance, administration, Kids and Youth work, building maintenance, appointment facilitators in the Beehive and Storehouse, musicians and trustees. Most volunteers give 3-4 hours per week and the total number of volunteer hours given over the year is approximately 12,000.

Over the last year we have baptised 24 people of different ages, some at the Warehouse and some at Dymchurch beach. This is an increase on the previous year. Our Family Feast started in late 2023 and is well attended with over 100 people coming together for lunch each month. This enables people to connect and feel part of community.

Financial Review

The charity achieved a surplus of £28,038 in this financial year. This is in comparison to the deficit of £35,230 from the year before. Both income and expenditure have increased over this period. General giving income and donations have increased by a small percentage in comparison to last year. Grant funding received increased from £16,364 to £73,316 with grants being provided to purchase a van to support our Compassion projects and a large grant from the National Lottery to support in the running of the food bank. There are also grants in place which pay annually to the Beehive and Compassion projects. The introduction of asking for a donation to our Life to the City gathering has proved successful with people willing to contribute for those events, alongside other children’s and youth one off events.

The charity has a policy for holding reserves (see Finance Policy, section 4.9). The Trustees agreed to hold reserves covering approximately one month’s expenditure to allow for a temporary shortfall in income, or unexpected expenditure, thereby ensuring that the charity will be able to continue to fulfil its charitable objectives. Throughout the last financial year work has been done to build up the reserves and this work will continue into the next financial year following the deficit last year. The unrestricted net current assets (also known as free reserves) currently show a small deficit of £2,578. The aim is to bring this back to a positive position in the next financial year.

The Trustees will endeavor not to set aside funds unnecessarily. The trustees have assessed the major risks to which the charity is exposed and are satisfied that there are systems in place to mitigate exposure to the major risks.

Funds held as custodian trustees on behalf of others

None

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PNEUMA CHURCH

(A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024

Structure, Governance and Management

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr C M Kimmance Mr J K Henderson (Resigned 25 March 2024) Mrs R Tomsett (nee Jenkins) Mrs L Mitchell Mrs E Davies Mr I Witts (resigned 14 December 2023) Mr R M L Eason

None of the trustees has any beneficial interest in the company. All the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Trustees are recruited in accordance with our Trustee Recruitment Policy based in skills and experience. After attending an initial Trustees meeting they are ‘buddied’ with an experienced trustee until they are familiar with our operations. Following this, each Trustee will take on a portfolio. These cover Finance, HR, Health & Safety, Safeguarding, Risk and Governance.

The trustees monitor from the outside, working with the leaders to revise policies where necessary and checking that these policies are understood and implemented to the best ability of the leaders.

Orgaisational Structure

The charity employs a staff team who are led by the Senior Pastors (see Organisational Structure), one of which is also a trustee. Each Trustee holds an oversight portfolio and, alongside their staff counterparts, reports to the Trustees quarterly through the year.

Definitions & Roles

Senior Pastors

The people that carry the Pneuma Church name and are ultimately accountable before God for carrying the vision that God has given to Pneuma Church in bringing life to Ashford and beyond.

Pastors

People who carry some of that wider vision and can create something out of nothing, heal wounds, carry vision, see the whole, see what God is doing and more. With the Senior Pastors, they make up the pastors. The aim of this team is to be the people authorising decisions, discerning what God is saying/doing and championing the key leaders. All types of wonderings/decisions will come to that team. ‘We think God might be saying this’ or how we have gone back and forth between the pastorate and the

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PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024

Key Leaders over the reimagining of our aims and culture.

Key Leaders

These are key in making the vision of Pneuma Church happen and carry an overall responsibility for key areas of church life. Each key leader has ‘a piece of the pie’. They are a crucial and precious part of what God is doing in Ashford through Pneuma Church. They are from all areas covered by the vision of Pneuma Church, working to bring their area of responsibility to life and see it be as effective it can be. As a team, we meet together to better understand the whole, to worship together, to chew over big decisions and to move forward in unity that can be brought about only by God’s Spirit.

Wider Leaders

These are people that lead a team, or a circle, or lead worship or a project or are a support worker. The wider leaders are an incredible group of people that are on the ground week after week and serve God and the people of Ashford with their leadership. They will all have a key leader that champions them.

NB: ‘Another’ on the above grid would be taken by seasonal roles. These would include Christmas and then maybe also in the future we would look to include the chair of Trustees and see the Kingdom Academy represented too.

Decision Making

Operations and annual planning

As above, most day-to-day decisions and vision development are made by the Pastors and Key Leaders in response to needs and God’s leading. However, for the wider strategic planning and budgets, the Leadership Team prepares these annually for presentation to the Trustees before or at the beginning of the financial year for approval. All agreed budgets then require no further approval. The finance committee, which includes a nominated trustee, meets monthly, with reports available to Trustees and monthly budget figures openly available to Trustees. A full report is presented at the quarterly Trustees’ meetings. Any unbudgeted expenditure over £5k must be approved by Trustees.

Pay and remuneration

Pneuma Church is committed to being a Real Living Wage employer for all people over 25 as per the guidance outlined by the Living Wage Foundation.

People’s salaries have been set according to several factors:

The current staff/roles pay bands and increments have been set by the leadership, communicated with staff and agreed by Trustees. See: policy here

Long- and Short-Term Goals

Our goals are focused on expanding our vision of ‘Bringing Life to the City’ through our six areas of focus:

Generally, in the short term we plan to continue with our current programmes, which are effective in fulfilling our Objects and Vision. However, one short term challenge is that the lease on our current premises is due to expire in June 2025, which we could extend but, we are finding the premises are too small for our current activities and definitely not big enough for our longer-term goals. This will require us to raise funds to cover the likely increased cost of a new building, which may initially be a short lease on a bigger unit, potentially increasing our rent towards £100,000/year or above. Another short(ish) term goal is to start ‘Pneuma to the Nations’, which is a programme of hosting and and placing people with partners in other locations (UK and abroad) to learn from the partners and to replicate our successes in those places – this is part of our wider ‘Bringing Life to the City’ vision.

For the longer term we want to expand our work to include an ‘academy’ and supported social accommodation. In addition, we need a larger auditorium and dedicated space for our Compassion work, KIDS and Youth, and possibly incorporate The Beehive, where their lease is due for renewal in October 2025. For this we would prefer our own building, which may include accommodation, but this could be elsewhere. The cost of this is likely to be around £4 million which will require active fundraising and probably a mortgage. The accommodation aspect could be largely covered by a partnership with Green Pastures or Hope Into Action, who work with local churches to buy premises for the homeless. We will also need more staff, but we will recruit these in line with achieving our fundraising and grants targets, which have been effective to date.

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PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024

Trustees Responsibilities

The Charities Act and the Companies Act require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:

The trustees are responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are also responsible for the contents of the trustees' report, and the responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

This Report was approved by the Trustees on 16[th] December 2024 and signed on their behalf by:

a Richard Eason

Trustee, on behalf of the Board

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PNEUMA CHURCH

INDEPENDENT EXAMINERS REPORT TO THE MEMBERS OF PNEUMA CHURCH

I report to the trustees on my examination of the accounts of Pneuma Church for the year ended 31st March 2024.

Responsibilities and basis of report

As the charity’s trustees of the charitable company (who are also the directors of the company 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 charitable company are not required to be audited for this year 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.

The company’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a member of The Association of Charity Independent Examiners.

Independent examiner's statement

I have completed my examination. I confirm that apart from the matter disclosed below, no other material matters have come to my attention which gives me cause to believe that:

The Examiner has drawn to the attention of the charity management the fact that some of the restricted funds held (namely Mens Shed) relates to a project that finished many years ago. The Trustees have been advised to attempt to contact the original donors to obtain permission for the restriction to be lifted or transferred to another similar project, or failing that, to contact the Charity Commission for further guidance.

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.

Signed:

Name: J Irvine-Smith FCIE

Date: 18 December 2024

Independent Examiners Ltd Unit 2 The Broadbridge Business Centre

Delling Lane Bosham West Sussex PO18 8NF

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PNEUMA CHURCH

(A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024

Notes
Income from:
Donations and legacies
2a
Charitable activities
2b
Investments
2c
Other Trading activities
2d
Other Income
2e
Total income
Expenditure on:
Charitable activities
3a, 3b
Total Expenditure
Net income/expenditure before
other recognised gains and losses
Transfers between funds
11
Net movement in funds
Reconciliation of funds:
Total Funds Brought Forward
Total Funds Carried Forward		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2024
2023
£
£
£
£
270,225
115,347
385,572
317,560
11,427
104,427
115,854
61,471
143
214
357
220
2,123
5,475
7,598
2,149
128
1,682
1,810
-
284,046
227,145
511,191
381,400
282,181
200,972
483,153
416,630
282,181
200,972
483,153
416,630
1,865
26,173
28,038
(35,230)
-
-
-
-
1,865
26,173
28,038
(35,230)
7,734
57,714
65,448
100,678
9,599
83,887
93,486
65,448

Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.

The notes on pages 13 to 26 form part of these financial statements.

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PNEUMA CHURCH

(A COMPANY LIMITED BY GUARANTEE)

Reg.company no.08824457

BALANCE SHEET AS AT 31 MARCH 2024

Unrestricted Restricted 31.3.24 31.3.23
Funds Funds Total Total
Note £ £ £ £
Fixed Assets:
Tangible assets 6 12,177 4,317 16,494 19,683
Current Assets:
Debtors 7 5,030 - 5,030 4,634
Cash at bank and in hand 361 79,570 79,931 59,600
Total Current Assets 5,391 79,570 84,961 64,234
Creditors: amounts falling due within one year 8 (7,969) - (7,969) (18,469)
NET CURRENT ASSETS (2,578) 79,570 -
76,992
-		 -
45,765
-
TOTAL ASSETS less current liabilities 9,599 83,887 93,486 65,448
NET ASSETS 9,599 83,887 93,486 65,448
Funds of the Charity 11
General Unrestricted Funds 9,599 - 9,599 7,734
Restricted Funds - 83,887 83,887 57,714
Total Funds 9,599 83,887 93,486 65,448

Directors' Responsibilities:

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

The financial statements were approved and authorised for issue by the Trustees on Monday 16th December 2024 and signed on their behalf, by: ….................................................. Trustee, on behalf of the Board R Eason[a]

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PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. Accounting policies

a) Basis of preparation

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Pneuma Church meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £1. There may be minor discrepancies as pence are not being shown.

b) Changes to accounting estimates

There have been no changes to accounting estimates in the reporting period.

c) Material prior period errors and changes to previous accounts

No material prior period errors have been identified in this accounting period and there have been no changes to previous accounts.

d) Preparation of accounts on a going concern basis

Preparation of the accounts is on a going concern basis. The Trustees are of the view that the level of reserves will support the charity going forward.

e) Income

Income is included in the Statement of Financial Activities (SOFA) when:

f) Interest receivable

Interest on funds held on deposit is included when receipt is probable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

g) Grants and Donations

Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP).

h) Tax Reclaims on Donations and Gifts

Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

i) Government Grants

The charity has received government grants totalling £28,256 in the reporting period.

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PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

j) Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

k) Expenditure

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.

l) Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.

m) Operating leases

Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease.

n) Taxation

The charity is exempt from tax on its charitable activities.

o) Legal status of the charity

The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

p) Redundancy payments

The charity made no redundancy payments during the period.

q) Pensions

The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.

r) Debtors

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

s) Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

t) Tangible Fixed Assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Leasehold improvements 10% on cost until 31.3.20. From 1.4.20: 35% on cost

Plant and equipment 20% on reducing balance Fixtures and fittings 20% on reducing balance

Computers 33% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

14

PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2024

2. INCOME FROM:
Note
a) Donations and legacies
Compassion gifts
Donations and gifts
Grants - local government
Grants - other trusts and foundations
b) Charitable activities
Charitable rental income
Sales within charitable activities
Ashford Sings Income
Tour Payments
c) Investments
Interest receivable
d) Other Trading activities
Fundraising events
e) Other Income
Insurance Claim
Refund of Business Rates		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2024
2023
£
£
£
£
-
9,831
9,831
202
263,988
38,437
302,425
300,993
1,237
27,019
28,256
8,189
5,000
40,060
45,060
8,175
270,225
115,347
385,572
317,560
1,674
580
2,254
5,215
61
61,015
61,076
49,395
-
9,930
9,930
-
9,692
32,902
42,594
6,861
11,427
104,427
115,854
61,471
143
214
357
220
143
214
357
220
2,123
5,475
7,598
2,149
2,123
5,475
7,598
2,149
-
1,682
1,682
-
128
-
128
-
128
1,682
1,810
-

15

PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2024

3. EXPENDITURE ON

Charitable activities
a) Direct Costs
Staff costs
Staff training
Travel and subsistence
Giving out and Compassion
Piano Costs
Refreshments
Other ministry costs
Sings! And UK Sings! Expenses
Sings! tour costs
Cost of Goods Sold
b) Governance costs
Accountancy and Bookkeeping (includes accounts software)
Independent Examiners Fees
Share of support costs (note 4)		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2024
2023
£
£
£
£
159,061
63,815
222,876
244,561
3,931
871
4,802
2,829
1,516
43,010
44,526
6,744
6,314
5,298
11,612
6,793
-
-
-
-
5,979
3,493
9,472
11,458
4,897
9,892
14,789
18,896
106
4,228
4,334
3,761
-
12,813
12,813
-
-
13,093
13,093
6,640
128
-
128
421
2,220
-
2,220
2,160
98,029
44,459
142,488
112,367
282,181
200,972
483,153
416,630

16

PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2024

4. ANALYSIS OF EXPENDITURE BY TYPE

----- Start of picture text -----
|||||| |---|---|---|---|---| |Support costs|TOTAL|TOTAL| |Unrestricted|Restricted| |Funds|Funds| |2024|2023| |£|£|£|£| |Advertising|577|1,114|1,691|864| |Audio Visual costs|879|1,204|2,083|1,312| |Book Sales paid over|75|-|75|-| |Bank charges|112|1,178|1,290|969| |Depreciation|6,217|1,047|7,264|4,674| |Entertainment|1,048|579|1,627|1,874| |Insurance|1,246|478|1,724|1,544| |Legal and professional fees|1,063|27|1,090|1,649| |Light and heat|13,274|4,628|17,902|13,795| |Operating lease charges and rent|51,458|17,388|68,846|51,800| |Premises cleaning and waste collection|2,855|464|3,319|1,620| |Printing, postage and stationery|5,096|4,515|9,611|11,149| |Rates and water|3,082|-|3,082|3,274| |Repairs and maintenance|1,981|8,625|10,606|5,764| |Subscriptions and licences|4,259|1,590|5,849|7,006| |Sundries|13|56|69|-| |Telephone|4,794|1,566|6,360|5,073| |Total 2024|98,029|44,459|142,488|112,367| |Total 2023|76,000|36,367|112,367|

----- End of picture text -----

5. NET INCOME/(EXPENDITURE)

This is stated after charging:

Independent Examiners Fees

----- Start of picture text -----
||| |---|---| |TOTAL|TOTAL| |2024|2023| |£|£| |2,220|2,160|

----- End of picture text -----

17

PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2024

6. TANGIBLE FIXED ASSETS

Cost
01-Apr-23
Additions
Disposals
Cost at
31-Mar-24
Depreciation
01-Apr-23
Disposals
Charge
Depreciation at
31-Mar-24
Net Book Value
31-Mar-24
Net Book Value
31-Mar-23		 Beehive
General
General
Restricted
Restricted
Restricted
Unrestricted
Unrestricted
Fund
Fund
Fund
Fund
Fund
Leasehold
Plant and
Fixtures and
Plant and
Leasehold
Total
Improvements
Equipment
Fittings
Equipment Improvements
£
£
£
£
£
£
-
-
6,870
43,493
134,439
184,802
-
-
1,006
3,069
-
4,075
-
-
-
-
-
-
-
-
7,876
46,562
134,439
188,877
-
-
2,556
28,124
134,439
165,119
-
-
-
-
-
-
-
-
1,003
6,261
-
7,264
-
-
3,559
34,385
134,439
172,383
-
-
£
4,317
12,177
-
16,494
-
-
4,314
15,369
-
19,683
Fit for Purpose

7. DEBTORS AND PREPAYMENTS

Prepayments
Other debtors		 Unrestricted
Restricted
Total
Total
Fund
Fund
31.3.24
31.3.23
£
£
£
£
-
-
-
694
5,030
-
5,030
3,940
5,030
-
5,030
4,634

8. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Accruals and deferred income
Independent Examiners Fees
Payroll Liabilities
Pension Contributions
Social Security costs		 Unrestricted
Restricted
Total
Total
Fund
Fund
31.3.24
31.3.23
£
£
£
£
3,000
-
3,000
12,612
2,220
-
2,220
2,160
117
-
117
47
-
-
-
705
2,632
-
2,632
2,945
7,969
-
7,969
18,469

18

PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2024

8.a) DEFERRED INCOME

----- Start of picture text -----
||| |---|---| |Deferred income brought forward 1st April 2023|9,612| |Utilised in the year|(9,612)| |-| |-| |Receipts in 2023/2024| |Deferred income as at 31st March 2024|-|

----- End of picture text -----

Deferred Income represents funds received in advance for a tour that was postponed due to the Covid-19 pandemic.

  1. ANALYSIS OF STAFF COSTS, TRUSTEE REMUNERATION AND EXPENSES AND THE COST OF KEY MANAGEMENT PERSONNEL

----- Start of picture text -----
|||| |---|---|---| |2024|2023| |£|£| |Gross Wages and Salaries|210,255|232,231| |Casual Wages|40|104| |Social Security Costs|8,857|8,789| |Employer's Pension Costs|3,725|3,437| |222,876|244,561|

----- End of picture text -----

The average number of persons employed by the company during the year was as follows:

----- Start of picture text -----
|||| |---|---|---| |2024|2023| |Activities in furtherance of organisation's objectives|10|14| |Administration|2|2| |No employees received emoluments in excess of £60,000 (2023: Nil)|

----- End of picture text -----

The key management personnel of the charity comprise the Trustees and Senior Management Team. The total employee benefits (including employer national insurance and employer pension contributions) of the key management personnel of the charity were £85,092 (2023: £89,008)

The charity offers a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity, in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £3,725 (2023: £3,437).

In this financial period the charity has paid trustees remuneration and benefits (including Employer NI and Employer Pension contributions) for their roles as Church Pastor and Site Manager as follows:

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Name of Trustee|Legal authority|Amounts paid or benefit value| |Remuneration|Employer NI|2024|2023| |and Pension|Total|Total| |£|£|£|£| |C Kimmance (Church Pastor)|Governing document|47,369|6,516|53,885|53,840| |R Tomsett|(Site Manager)|Governing document|8,752|-|8,752|8,665| |56,121|6,516|62,637|62,505|

----- End of picture text -----

Trustee R Tomsett also received £40 (2023: £104) in payments for hosting outside events using the Warehouse facilities. This is unrelated to both her employment and trusteeship, and is paid on a casual basis.

Trustee C Kimmance was reimbursed £383 for the cost of Wildfire event tickets that he paid personally.

19

PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2024

  1. ANALYSIS OF STAFF COSTS, TRUSTEE REMUNERATION AND EXPENSES AND THE COST OF KEY MANAGEMENT PERSONNEL (continued)

No trustees were remunerated for their role as a trustee. Two trustees received reimbursement for purchases made on behalf of the charity totalling £1,914 (2023: Three Trustees received reimbursements totalling £2,913).

In the period the charity has paid trustees expenses as follows:

Number of trustees who were paid expenses
Amount Paid
Travel, mileage and subsistence
Total amount paid
£		 2024
2023
1
-
2024
2023
Total
Total
£
£
460
-
460
-

10. RELATED PARTY TRANSACTIONS

In the period the charity has paid remuneration to a related party, for their roles as Church Pastor and Beehive Project Administrator as follows:

Name of related party
N Kimmance (Church Pastor)		 Related party to
C Kimmance (Trustee)		 Amounts paid or benefit value
Remuneration
Employer NI
2024
2023
and Pension
Total
Total
£
£
£
£
20,255
2,201
22,456
26,504
20,255
2,201
22,456
26,504

The Trustees granted C and N Kimmance a sabbatical period during the 2023-2024 financial year. Members of the church donated a total of £1,100 to enable them to travel as part of that sabbatical. This amount was paid over to C and N Kimmance at the start of their sabbatical.

20

PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2024

11. STATEMENT OF FUNDS

Statement of Funds
Unrestricted funds
General Unrestricted Funds
Restricted funds
Mens Shed
Compassion
Ashford Sings!
Beehive
TOTAL FUNDS
Restricted Funds are represented by:
AS Sings!
Beehive
bank
bank/PayPal
£
£
Mens Shed
-
-
Compassion
-
-
Ashford Sings!
14,007
-
Beehive
-
15,264
14,007
15,264		 Balance
Income
Expenditure
Transfers
Balance
01-Apr-23
31-Mar-24
£
£
£
£
£
7,734
284,046
(282,181)
-
9,599
982
-
-
-
982
1,235
62,698
(32,481)
-
31,452
50,652
52,524
(70,469)
-
32,707
4,844
111,923
(98,022)
-
18,746
57,714
227,145
(200,972)
-
83,887
65,448
511,191
(483,153)
-
93,486
Main church
31-Mar-24
bank/s
Debtors
Creditors
Fixed Assets
TOTAL
£
£
£
£
£
982
-
-
-
982
31,452
-
-
-
31,452
17,146
-
-
1,555
32,707
170
-
-
3,312
18,746
49,749 -
-
4,867
83,887
Current Year - 2024

21

PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2024

  1. STATEMENT OF FUNDS
Statement of Funds
Unrestricted funds
General Unrestricted Funds
Restricted funds
Mens Shed
Compassion
Ashford Sings!
Beehive
Fit for Purpose *
TOTAL FUNDS
Restricted Funds are represented by:
AS Sings!
Beehive
bank
bank
£
Mens Shed
-
-
Compassion
-
-
Ashford Sings!
39,697
-
Beehive
-
530
39,697
530		 Balance
Income
Expenditure
Transfers
Balance
01-Apr-22
31-Mar-23
£
£
£
£
£
35,386
256,915
(280,933)
(3,634)
7,734
982
-
-
-
982
25,849
16,800
(41,414)
-
1,235
26,305
34,884
(10,537)
-
50,652
6,158
72,800
(83,746)
9,632
4,844
5,998
-
-
(5,998)
-
65,292
124,484
(135,697)
3,634
57,714
100,678
381,399
(416,630)
-
65,448
Main church
31-Mar-23
bank/s
Debtors
Creditors
Fixed Assets
TOTAL
£
£
£
£
982
-
-
-
982
1,235
-
-
-
1,235
10,262
694
-
-
50,653
-
-
-
4,314
4,844

12,479 694 -
4,314
57,714
Prior Year - 2023

Purpose of Restricted Funds:

Mens Shed The Men's Shed Fund is used to provide opportunities for men to participate in practical group activities such as engineering projects, woodworking or gardening, where they can share and learn new skills by working 'shoulder to shoulder' to support one another. The Men's Shed project was closed in the summer of 2020. With the agreement of the Men's Sheds organisation, the physical items bought with grant money were donated to other, local groups who were providing a similar facility. The Trustees intend to seek to reallocate any remaining cash funds to a current project with similar aims.

Compassion Compassion is the arm of the church that helps to support and empower the local community to lead more fulfilled lives. This embodies a number of projects. The main project is “Renew”, which has received generous funding from Ashford Borough Council. Again, the WHH Meals was a time limited project during Covid Lockdown, which has now ended; as was the Covid-19 Relief Fund. Ashford Sings! Ashford Sings! is a community choir sponsored and operated by Pneuma Church. It offers weekly rehearsals, arranges quizzes and concerts in aid of local causes, and does an annual tour to Europe. Beehive The Beehive is a secondhand clothing boutique that offers a personal shopping service to ladies who come in for clothing. Some ladies are referred to The Beehive by social services or GPs etc and will then be given clothes for free. The Beehive also runs life-skills groups from its property in Ashford.

22

PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2024

12. SUMMARY OF FUNDS

Summary of funds
General funds
Restricted funds
General funds
Restricted funds		 Balance
Income
Expenditure
Transfers
Balance
01-Apr-23
31-Mar-24
£
£
£
£
£
7,734
284,046
(282,181)
-
9,599
57,714
227,145
(200,972)
-
83,887
65,448
511,191
(483,153)
-
93,486
Balance
Income
Expenditure
Transfers
Balance
01-Apr-22
31-Mar-23
£
£
£
£
£
35,386
256,915
(280,933)
(3,634)
7,734
65,292
124,485
(135,697)
3,634
57,714
100,678
381,400
(416,630)
-
65,448
Current year - 2024
Prior Year - 2023

13. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible assets
Current assets
Creditors due within one year		 Unrestricted
Restricted
Total
Fund
Fund
2024
£
£
£
12,177
4,317
16,494
5,391
79,570
84,961
(7,969)
-
(7,969)
9,599
83,887
93,486
Current year - 2024
Tangible assets
Current assets
Creditors due within one year		 Unrestricted
Restricted
Total
Fund
Fund
2023
£
£
£
15,369
4,314
19,683
10,834
53,400
64,234
(18,469)
-
(18,469)
7,734
57,714
65,448
Prior year - 2023

23

PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2024

14. OTHER DISCLOSURES

The charity does not have any commitments not provided for in the accounts.

The charity has not given any guarantees.

The charity has not received any loans secured on any of its assets.

At the year end the charity did not have any contingent liabilities.

15. RISK ASSESSMENT

The trustees are aware of the need to properly manage and mitigate the risks faced by the company. Details of how the charity has achieved this are provided in the Trustees' Report. The trustees confirm that they have paid due regard to the Charity Commission guidance on risk assessment when adopting and implementing policies for the charity

16. PUBLIC BENEFIT

The charity acknowledges its requirements to demonstrate clearly that it must have charitable purposes or "aims" that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees' Report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

17. DECLARATIONS

Sufficient resources are held in appropriate form to enable each fund to be applied in accordance with any restrictions imposed.

The trustees have not changed the year end date nor length of the charity's financial year.

The charity did not make any material ex-gratia payments during the year.

The trustees confirm that there is no relevant information of which the Independent Examiner is unaware.

24

PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 MARCH 2024

Cash provided by/(used in) operating activities
(a)
Cash used from investing activities
Interest income
Purchase of tangible fixed assets
Cash provided by/(used in)
investing activities
Cash flows from financing activities
Introduction/(Repayment) of long term borrowing
Cash used in financing activities
Increase/(decrease) in cash and
cash equivalents in the year
Cash and cash equivalents at the
start of the year
TOTAL cash and cash equivalents
at the end of the year
(b)		 2024/23
2023/22
£
£
24,049
(29,997)
357
220
(4,075)
(5,277)
(3,718)
(5,057)
-
-
-
-
20,331
(35,054)
59,600
94,654
79,931
59,600

(a) Reconciliation of net movement in funds to net cash flow from operating activities

Net movement in funds
Add back depreciation charge
Deduct interest income shown
in investing activities
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating activities		 2024/23
2023/22
£
£
28,038
(35,230)
7,264
4,675
(357)
(220)
(396)
-
(10,500)
778
24,049
(29,997)

25

PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 MARCH 2024

(b) Analysis of cash and cash equivalents

Cash at bank and in hand
Fixed Term Bond
Total cash and cash equivalents
(c) Analysis of changes in net debt
At start
Cash flows
Acquisition/
New
of year
disposal of
finance
subsidiaries
leases
£
£
£
£
Cash
59,600
20,331
-
-
Cash Equivalents
-
-
-
-
Overdraft repayable
-
-
-
-
on demand
Finance lease obligations
-
-
-
-
TOTAL
59,600
20,331
-
-		 2024/23
2023/22
£
£
79,931
59,600
-
-
79,931
59,600
Fair value
Foreign
At end
movements
exchange
of year
movements
£
£
£
-
-
79,931
-
-
-
-
-
-
-
-
-
-
-
79,931

26