**REGISTERED CHARITY NUMBER: 1157552**
**City International Church Report of the Trustees and Unaudited Financial Statements for the Year ended 31 December 2022**
**City International Church**
**Contents of the Financial Statements for the year ended 31 December 2022**
||Page|
|---|---|
|Report of the Trustees|1 to 3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6 to 10|
|Detailed Statement of Financial Activities|11|
## **City International Church**
## **Report of the Trustees**
**for the year ended 31 December 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
## **INCORPORATION**
The charitable incorporated organisation was incorporated on 8 January 2014.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1157552
## **Registered office**
37 Newlands Avenue Penwortham Preston PR1 0QY
## **Trustees**
Paul Stephenson (Chairman) - resigned 1 October 2022 Simon James (Secretary) Samson James (Treasurer) John Norcross - appointed 1 October 2022
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
City International Church (CIO) registered in England and Wales. The CIO (registered charity number 1157552) was established by CIO constitution on 8 January 2014.
The charity is overseen by its Board of Trustees.
The Trustees meet regularly to review expenditure, set priorities and review progress against the strategic goals.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The objects of the charity are:
(i) To advance the Christian faith;
(ii) 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;
(iii) To help children and young people, especially, but not exclusively, through leisure time activities, so as to develop their capabilities.
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives.
Page 1
## **City International Church**
## **Report of the Trustees**
**for the year ended 31 December 2022**
## **Significant activities**
1. Continuing to establish the charity and its policies and procedures
2. Conducting religious celebrations (Easter, Christmas, Baptisms)
3. Promoting religious books, tracts, films, music
4. Pastoral care
5. Providing opportunity for individuals to pray and worship together
6. Raising awareness and understanding of Christianity to the public by providing religious instructions and supervision
7. Contact and prayer for the sick
8. Continued Kids City and Tots City children’s works with children’s ministry on Sundays
9. Support of other charities with similar objectives
10. Community Carol Service and Community Barbeque
## **ACHIEVEMENT AND PERFORMANCE**
During 2022 we continued to hold weekly Sunday morning meetings using both the conference facilities at Cotton Court, based in the city centre, and through Home Churches based in local communities.
We also had the opportunity to partner with a number of charities with similar objectives including supporting Tough Talk, which is an outreach charity working with offenders within the justice system in partnership with the Ministry of Justice.
We have continued to develop stronger relationships with other charitable organisations and churches within Preston with similar objectives, who we are presently working with to expand the support and reach of the charity. We were able to host an all churches together evening of prayer for the local community and wider Christian family.
We joined with the Salvation Army and gave support for their involvement in the Ukraine crisis and we also supported International Aid Trust with a collection of practical items required for refugees.
We also held specific nights of prayer, where we opened the church building to allow people to come and pray.
The charity was able to host nationally and internationally renowned speakers during 2022. These events were made public and were free to attend by anyone. They were advertised using social media and Facebook.
We ran a specific youth focussed music event in the town centre, hosting a Christian urban music artist. Again, this event was free to attend by anyone.
Our annual church BBQ also took place in 2022. This was a free to attend event where new people were connected to the church charity. It was a time for building community and sharing the Christian faith with others.
As well as holding events within the city we also gave opportunity to the local community to travel to Liverpool for a Christian conference at the Liverpool Exhibition Centre. We provided free transport for the event, making it possible for people to attend who would otherwise not have had the opportunity.
Another significant event this year was the city-wide open air carol service. We were able to partner with Preston North End Football Club (PNEFC). This entailed free refreshments and a live band on stage. The event was broadly advertised using Eventbrite and our Facebook page. This was a free, ticketed event and we received great feedback from members of the general public, who do not attend the church services usually. This helped us achieve our objective of advancing the Christian faith. As a result of this more people have connected with us on our social media pages, where we advertise our events.
Page 2
.
## **City International Church**
## **Report of the Trustees**
## **for the year ended 31 December 2022**
The church is run by unpaid volunteers that ensure the charitable objectives are met by donating funds and sacrificing their valuable time in helping to run and promote the charity and its objectives. There are no paid staff within the charity
## **FINANCIAL REVIEW**
The Trustees review the level of reserves on a regular basis to ensure there are sufficient funds available for the charity to meet its commitments.
## **FUTURE DEVELOPMENTS**
The church continues to look to further develop our breadth of outreach activities through the valuable contribution of volunteers in areas including working the community through Home Churches. We are also looking to grow our outreach programs locally and further extend partnerships internationally. As the church continues to grow, we may need to move to bigger premises to accommodate the work.
We also appointed another Trustee of the charity in October 2022 and accepted the resignation of the Chairman.
Approved by order of the board of trustees on 27 October 2023 and signed on its behalf by:
Samson James - Trustee
Page 3
## **City International Church**
## **Statement of Financial Activities**
**for the year ended 31 December 2022**
|**Unrestricted**
**Fund**
**Restricted**
**Fund**
Notes
**£**
**£**
**INCOMING RESOURCES**
**Incoming resources from**
**generated funds**
Voluntary income
3
8,753
-
Interest
4
15
-
**Total incoming resources**
8,768
-
**RESOURCES EXPENDED**
**Charitable activities**
5
14,195
-
**Governance costs**
6
500
-
**Total resources expended**
14,695
-
**NET INCOMING/(OUTGOING)**
**RESOURCES**
(5,927)
-
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
74,621
-
**TOTAL FUNDS CARRIED**
**FORWARD**
68,694
-|**2022**
**Total**
**Funds**
**£**
8,753
15
8,768
14,195
500
14,695
(5,927)
74,621
68,694|2021
Total
Funds
£
17,916
12
|
|---|---|---|
|||17,928
|
|||16,492
420
|
|||16,912
|
|||1,016
73,605
|
|||74,621|
The notes form part of these financial statements
Page 4
## **City International Church**
## **Balance Sheet At 31 December 2022**
|**Unrestricted**
**Fund**
**Restricted**
**Fund**
Notes
**£**
**£**
**FIXED ASSETS**
Tangible assets
7
423
-
**CURRENT ASSETS**
Debtors
8
1,337
-
Cash at bank
68,588
-
70,348
-
**CREDITORS**
Amounts falling due within one year 9
(1,654)
-
**NET CURRENT ASSETS**
69,694
-
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
69,694
-
**NET ASSETS**
69,694
-
**FUNDS**
**Unrestricted funds**
**Restricted funds**
**TOTAL FUNDS**|**2022**
**Total**
**Funds**
**£**
423
1,337
68,588
70,348
(1,654)
69,694
69,694
69,694
69,694
-
69,694
|**2021**
**Total**
**Funds**
**£**
846
3,255
70,940
75,041
(420)
74,621
74,621
74,621
74,621
-
74,621
|
|---|---|---|
The financial statements were approved by the Board of Trustees on 27 October 2023 and were signed on its behalf by:
Samson James -Trustee
The notes form part of these financial statements
Page 5
## **City International Church**
## **Notes to the Financial Statements for the year ended 31 December 2022**
## **1. GENERAL INFORMATION**
The charity is a registered charity in England & Wales and is incorporated. The address of the principal office is 37 Newlands Avenue, Penwortham, Preston, PR1 0QY.
There are no material uncertainties about the charity’s ability to continue.
The presentational currency of the financial statements is the Pound Sterling (£).
The amounts in the financial statements have been rounded to the nearest £1.
## **2. ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Charities SORP (FRS102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1[st] January 2015)’.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Tax reclaims on donations and gifts**
Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.
## **Resources expended**
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.
## **Tangible fixed assets for use by charity**
These are capitalised if they can be used for more than one year and cost at least £500. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **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.
## **Financial instruments**
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include debtors, prepayments and bank balances, are initially measured at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the asset is measured at the present value of the future receipts
Page 6
## **City International Church**
## **Notes to the Financial Statements – continued for the year ended 31 December 2022**
discounted at a market rate of interest. Basic financial liabilities, which include creditors, accruals, bank loans and group borrowings, are initially recognised at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the liability is measured at the present value of the future obligations discounted at a market rate of interest.
## **3. VOLUNTARY INCOME**
|Offerings
Gift aid donations
Tax reclaimed|**2022**
**£**
**2,066**
**5,350**
**1,337**
**8,753**
|2021
£
1,641
13,020
3,255
17,916
|
|---|---|---|
## **4. INTEREST**
||**2022**|2021|
|---|---|---|
||**£**|£|
|Interest on Gift Aid tax refund|**15**|12|
Page 7
## **City International Church**
## **Notes to the Financial Statements – continued for the year ended 31 December 2022**
## **5. CHARITABLE ACTIVITIES**
|Room hire
Insurance
Website, email and Zoom
Visiting ministry
Carol Service
Baptism
Christmas party
BBQ
Banners, signs, leaflets, business cards and Facebook ads
Donation to CAM International
Donation to Salvation Army
Copyright licence
Safeguarding services
Evangelical Alliance subscription
Resources for children’s work
Equipment and software
Communion cups and wafers
Minibus hire
Bank charges
Other expenses
Depreciation of tangible fixed assets|**2022**
**£**
**3,450**
**407**
**158**
**3,502**
**523**
**-**
**-**
**1,050**
**25**
**1,500**
**1,000**
**265**
**129**
**90**
**111**
**1,002**
**154**
**250**
**74**
**82**
**423**
**14,195**
|2021
£
5,745
404
445
2,960
2,600
240
120
-
305
-
-
253
129
90
151
1,684
246
-
-
31
1,089
|
|---|---|---|
|||16,492
|
## **6. GOVERNANCE COSTS**
||**2022**|2021|
|---|---|---|
||**£**|£|
|Accountancy|**500**|420|
Page 8
## **City International Church**
**Notes to the Financial Statements – continued for the year ended 31 December 2022**
## **7. TANGIBLE FIXED ASSETS**
|**Equipment**
**£**
**COST**
At 1 January 2022
**11,996**
Additions
**-**
**11,996**
**DEPRECIATION**
At 1 January 2022
**11,150**
Charge for year
**423**
At 31 December 2022
**11,573**
**NET BOOK VALUE**
At 31 December 2022
**423**
At 31 December 2021
846
**8.**
**DEBTORS**
**2022**
**£**
Gift Aid tax reclaim
**1,337**
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2022**
**£**
Accruals and deferred income
**1,613**
|**Totals**
**£**
**11,996**
**-**
**11,996**
**11,150**
**423**
**11,573**
**423**
846
2021
£
3,255
2021
£
420
|
|---|---|
## **10. TRUSTEES’ REMUNERATION AND BENEFITS**
There were no trustees’ remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **Trustees’ expenses**
There were no trustees’ expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Page 9
## **City International Church**
## **Notes to the Financial Statements – continued for the year ended 31 December 2022**
## **11. MOVEMENT IN FUNDS**
||**Fund**|||**Fund**|
|---|---|---|---|---|
||**Balance at**|**Incoming**|**Outgoing**|**Balance at**|
||**01/01/22**|**resources**|**resources**|**31/12/22**|
|**Fund names**|**£**|**£**|**£**|**£**|
|General fund|74,621
|8,768
|(14,695)
|68,694
|
|**TOTAL FUNDS**|74,621
|8,768
|(14,695)
|68,694
|
|Net movement in funds,|included in the above are as follows:||||
|||**Incoming**|**Resources**|**Movement in**|
|||**resources**|**expended**|**funds**|
|||**£**|**£**|**£**|
|**Unrestricted funds**|||||
|General fund||8,768|(14,695)|(5,927)|
|**Restricted funds**||-
|-
|-
|
|**TOTAL FUNDS**||8,768
|(14,695)
|(5,927)
|
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions in the year ended 31 December 2022.
Page 10
## **City International Church**
## **Detailed Statement of Financial Activities for the year ended 31 December 2022**
|**INCOMING RESOURCES**
**Voluntary income**
Offerings
Gift aid donations
Tax reclaimed
Interest
**Total incoming resources**
**RESOURCES EXPENDED**
**Charitable activities**
Room hire
Insurance
Website and email
Visiting ministry
Carol Service
Baptism
Christmas party
BBQ
Banners, signs, leaflets, business cards and Facebook ads
Donation to CAM International
Donation to Salvation Army
Copyright licence
Safeguarding services
Evangelical Alliance subscription
Resources for children’s work
PA equipment and software
Communion cups and wafers
Minibus hire
Bank charges
Other expenses
Depreciation of tangible fixed assets
**Governance costs**
Accountancy
**Total resources expended**
**Net income/(deficit)**|**2022**
**£**
**2,066**
**5,350**
**1,337**
**8,753**
**15**
**8,768**
**3,450**
**407**
**158**
**3,502**
**523**
**-**
**-**
**1,050**
**25**
**1,500**
**1,000**
**265**
**129**
**90**
**111**
**1,002**
**154**
**250**
**74**
**82**
**423**
**14,195**
**500**
**500**
**14,695**
**(5,927)**
|2021
£
1,641
13,020
3,255
17,916
12
17,928
5,745
404
445
2,960
2,600
240
120
-
305
-
-
253
129
90
151
1,684
246
-
-
31
1,089
16,492
420
420
16,912
1,016
|
|---|---|---|
This page does not form part of the statutory financial statements
Page 11