REGISTERED CHARITY NUMBER.. 1157552 City International Church Report of the Trustees and Unaudited Financial Statements for the Year ended 31 December 2023
City International Church Contents of the Financial Statemènis for the year ended 31 December 2023 Page Report of the Trustees 1103 Statement of Financial Activtties Balance Sheet Noles to the Finan¢ial Statements 61010 Detailed Slalement of Financkil Acttvilies
Clty International Church Report of the Trustees forthe year ended 31 December 2023 The Iruslees present their report with the financial statements of the charity f¢N Ihe year ended 31 December 2023. Thè trustees have adopted the provisions of the Statement of Recommeted PracliGe ISORPI 'Accounling and Reporting by CharitS. issued in Maich 2005_ INCORPOFIATION The charilable incorporated organisalion was incorporated on 8 January 2014 REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1157552 Registered office 37 Newlands Avenue Penwortham Preston PR1 OQY Tru$tses Simon Jarnes {Chairmanl Samson James ITreasurerl John Norcross STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document City International Church ICIOI registered in England and Wales. The CIO Iregistered charity number 11575521 was established by CIO constrtulion on 8 January 2014. The charity is overseen by rfcs Board of Trustees. The Trustee5 meel regularfy lo review expenditure, sel priorities and reVW progress against the strategic goals. Risk management The Iruslees have 8 duty lo identify and review the risks to which the charity is exposed and to ensure appropriate conlrols are in place lo proVe reasonable assurance against fraud and eifor. OBJECTIVES ANDACTIVITIES Objectives and aims The objects of the charity ale". To advance the Christian faith". To relieve sickness and financial hardship and to promole and preserve gocKJ health by the provision ol funds. goods or seNices of any kind. including through the provision of eounselling and support", To help children and young people, eSplalIy, bul not exGIu5wety, through leisure time activities, so as lo develop Iheii capabilities. The trustees Gonfirm that they have referted lo the guidan conlained in the Charity Commissk)n's general guidance on public benefit when reviewing the charity's aims and objeclwes. Page 1
City International Church Report of the Trustees for the year ended 31 December 2023 Significant activities Continuing lo establish the charrty and ils policies and predureS Conducling religious lebratIonS (Easler, Christmas, Baptisms) Promoting religious books. tracts. films. music Pastoral care Providing opwrtunity for individuals to pray and worship together Raising awareness and understsnding of Chrisliantty lo the public by providing ielKJious instructions and supervision Conla¢l and prayer for the sk Continued Kiofs City and Tols Crty chikIn,$ works wrth children's ministry on Sundays Support of olher charities with similar objectives 10. Community Carol Seryice and Communily Barbeque ACHIEVEMENT AND PERFORMANCE During 2023 we Continued lo hokl WklY Sunday morning meetings using both Ihe conference facilities al Colton Court, based in the city cenlre. and through Home Churches based in k)cal communities. We also were able to work in the local communily inilialives by offering free lo allend social meetings Ihat included a pop-up Community and art and craft sessions aimed specially for children in the IcKal neighbourhoods. We have conlinued lo develop stronger relationships wrth other charitable organisalions and churches wilhin Preslon with similar objectives. who we are presently working with to expand the support and leach of the charity. We were able lo host an all churches together evening of prayer for the local communily and wider Christian famity. We also held specific nighls of prayer, where we opened the church building to allow people lo come and pray. We held our first church away day al Vvhalley Abbey, Ihis was an opw)rtunily for d&per connection and exploring Ihe Christian failh in more deiail. Our annual church BBQ also Ik place in 2023 This was a free to atlend event where new people were connected lo the church charity. 51 was a lime for building community and sharing the Christian faith with others Special guest speakers Tough Talk who are a charrty that have a prisons ministry came lo the evenl lo encourage those Ihal attended. 11 was good to see one ol our congregation members volunteer to go to cenlral Africa with a l¢xal chaiily that we support to help with the maintenance of a hospital block in a iemole location of the Congo. deep in the bush. Our young people also partner wrth the local universrty Christian union to help promote Iheir services and groups which they njn in the city centfe. Finally, we ran another su¢¢esslul communily Christmas carol SeiCe and meal. This was advertised on social media and was flee lo attend. The event focussed on the Christmas story and message of hope and salvation and was well attended by the local community that we serve. This helped us achieve our objective ol 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 De¢ember 2023 The church is run by unpaid volunteers that ensure the charitable objedives are met by donating funds and saccificing their valuablè limè in helping to run and promote the charty and its o*'eclives. There are no paid staff within the Charity FINANCIAL REVIEW The Trustees ieview the level of reserves on a regular basis to ensure there are sufficient funds available for the charity lo meet its commitments. FUTURE DEVELOPMENTS The church continues to bok to fvrther develop our breadth of ouireach aclwilies through the valuable contribution of volunleeis in are8$ including working the community Ihrouoh Home Churches. We are also lookillg to grow our outreach programs localty and further exter)d partnerships inlernalionally. As the ¢huich continues lo grow, we may need lo move lo bvJger premi lo accommodate the work. Approved by order of the board of Iruslees on 9th October 2024 and signed on its behalf by.. mson James - Trustee Page 3
City International Church Statement of Financial Activities for the year ended 31 December 2023 2023 Total Funils 2022 Total Funds Unrestricted Fund Restricted Fund Notes INCOMING RESOURCES Incoming rèsources from generated funds Voluntary income Interest 7.286 7.286 8.753 Total Incomlng resources 7.286 7.286 8.768 RESOURCES EXPENDED Charitable activities Governance costs 9.765 600 9.765 600 14,195 500 Total resources expended 10.365 10.365 14.695 NET INCOMINGI{OUTGOING} RESOURCES 13.079) 13,0791 15,9271 RECONCILIATION OF FUNDS Tolal funds broughl forward 68,694 68.694 74,621 TOTAL FUNDS CARRIED FORWARD 65.615 65,615 68,694 The notes fomi part of these fingncial slatemenls Page 4
City International Church Balance Sheet At 310e¢ember 2023 2023 Total Funds 2022 Total Fund$ Unrastricted Restricted Fund Fund Notes FIXED ASSETS Tangible assels 423 CURRENT ASSETS Debtors Cash al bank 2.637 64.119 2.637 64,119 1,337 68.588 66.756 66,756 70,348 CREDITORS Amc)unls falling due within one year 9 11,141) {1.141} {1,6541 NET CURRENT ASSETS 65,615 65.615 68.694 TOTAL ASSETS LESS CURRENT UABILITIES 65.615 65,615 68,694 NET ASSETS 65.615 65,615 68.694 FUNDS Unrestricted funds Rèstricted funds 66,615 68.694 TOTAL FUNDS 66,615 68.694 The financial slalemenls were approved by the Board of Trustees on 9 October 2024 and were signed on ils behalf by.. Samson James-Truslee The noles form part of ihe5e finaneial slalemenls Page 5
City International Church Notes to the Financial Statements forthe year ended 31 December 2023 GENERAL INFORMATION The charity is a regisleied charity in England & Wales arKI Is Incorporated. The addres5 01 the principal office is 37 Newlands Avenue, Penwortham. Preston. PR1 OQY. There are no maleiial unGertainlEs about the charty's abilty lo continue. The presenlalional currency of the financial stateJntS is Ihe Pound Sleiling (£1. The amounts in tho financial statements have been rounded to the nearest £1. ACCOUNTING POLICIES Accounting convention The financial slatemenls have been prepared under the historical cost convention. and in accordance with the Charities SORP IFRS1021 'Accounting and Reporting by Charities.. Stalemenl of Recommended pract applicable lo charrties pparing their accoLJnts wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 {effe¢tNe 151 January 20151'_ InGoming resources All incoming resources ale included on the Slalemenl of Financial Activities when the charity is legally enlilled lo the income and the amount can be quantifEd wrfih reasonable accuracy. Tax reclaims on donations and gifts Incoming resources from lax reclaims are induded in the Siatemenl of Financial Activities al the same time as the gtft lo which they rekte. Resources expended Expenditure is accounted for on an accnJaLs basis and has been classified under headings thal aggregate all cost related to the eatory W)ère costs cannot be directly allribuled lo particular headings they have been allocated to activities on a ba515 consislenl with the use of resources. Tangible fixed assets for use by rharity These are ¢aprfcalised if they can be used for more than one yeai and cost al least £500 Deprecialion is provided 81 the following annual rates in order lo write off each asset over ils eslimaled useful life. Equipment - 250A on cost Taxation The charity is exempt from corporalion tax on rts charitable activrties. Fund accounting Unresliicted funds can be used in 8ccordance with the Charitable objectNes 81 the discretion of the liuslees. Restricted funds can only be used for paT1icular restricted Purposes within the objecls of the charity- Resliiclions arise when specIfd by the donor or when funds are raised lor particular reslricled purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial slalemenls. Page 6
City International Church Notes to the Financial Statements- conlinued for the year ended 31 December 2023 Flnan¢lal Instruments Financial inslnjments are recognised whèn the company becomes paty to the contraclual provisions of the inslrumenl. Bas financial assets, which include debtors, prepayments and bank balances. are initially measured al transaction pre and are subsequenlty carried al cost unless the atrangement indicates otherwise and then the asset is me8sured al the psent value of the future receipts i5counled at a market rate of interest. BasFC financial Iiabililies. whh Include creditors, accruals, bank loans and group borrowings: are initially iecognised at liansaclion price and are subsequently carried at Cost unless the arrangement indicales otheiSe and then Ihe liability is measured al Ihg present value ol the future oblKJations discounted al a markel rate ol Inlerèst VOLUNTARY INCOME 2023 2022 Offenngs Gift aid donations Tax reclaimed 786 5,200 1,300 2,066 5,35Ql 1,337 7,286 8.753 INTEREST 2023 2022 Interest on Gift Aid lax refund 15 Page 7
City International Church Noles to the Finan¢lal Statements- Continued for the year ended 31 December 2023 CHARITABLE ACTIVITIES 2023 2022 Room hire Insurance Website, email 8nd Zo(rtn Visiting ministry Carol Service BBQ Banners, signs, leaflets. business cards and Facebook ads Donation lo CAM Inlernalional Donation lo Salvation Amiy Copyright IenCe Safeguarding services Evangelical Alliance subscription ResoLJices for children's work Equipment and software Communion cups and wafers Minibus hire Bank charges Other expenses Depreciation ol tangible fixed assets 2,683 423 333 3,000 350 1,349 165 3,450 407 158 3,502 523 1,050 25 1,500 1.000 265 129 90 111 1,002 154 25D 74 82 423 145 138 369 71 226 423 9.765 14,195 GOVERNANCE COSTS 2023 2022 Accountancy 600 500 Page 8
City International Church Notes lo the Financial Statements- conlinued for the year ended 31 December 2023 TANGIBLE FIXED ASSETS Equipment Totals COST At 1 January 2023 Additions 11,996 11,996 11.996 11,996 DEPRECIATION Al 1 January 2023 Charge for year 11.573 423 11,573 423 Al 31 December 2023 11.996 11,996 NET BOOK VALUE Al 31 December 2023 Al 31 December 2022 423 423 DEBTORS 2023 2022 Gift Alé lax reclaim 2,637 1,337 CREDITORS.. AMOUNTS FALLING DUE WITHIN OME YEAR 2023 2022 Accruals and deferred income 1,141 1,613 10. TRUSTEES, REMUNEFiATION AND BENEFITS Therè were no trustees. remuneration or olher benefrts for the year ended 31 December 2023 nor for the yeai erbded 31 Decembei 2022. Trustees, expenses There were no Iruslees, expenses paid loi the year ended 31 December 2023 nor for the year ended 31 Decernber2022. Page 9
City Intemational Church Notes to Ihe Financial Statements- conlinued for the year ended 31 December 2023 MOVEMENT IN FUNDS Fund Balance at 01101123 Fund Balance at 31112123 Incoming resources Outgoing resources Fund names Genw81 fund 68.694 7,286 110.3651 65,615 TOTAL FUNDS 68,694 7.286 110,3651 65.615 Nel movement in funds. included in the above are as follows.. Incoming resources Resources expended Movement in fund$ Unrestricted funds General fund 7,286 110,3651 13,0791 Restricted funds TOTAL FUNDS 7.286 {10.365} 13,0791 12. RELA TEO PARTY DISCLOSURES There We no related party transactions in the year ended 31 December 2023. Page 10
City International Church Detailed Statement of Finan¢ial A¢tlvltles for the year ended 31 Decembgr 2023 2023 2D22 INCOMING RESOURCES Voluntary income Offerings Gift aid donations Tax reclaimed 786 5,200 1,31)0 2,066 5,350 1,337 7,286 8,753 Inleiesl Total incoming resources 7,286 8,768 RESOURCES EXPENDED Charitablè activilies Room hire Insurance Website and email Visiting rninislry Carol serVe 88Q Banners, SFgns. leaflets, business cards and Fabook ads Dollalion to CAM Inlemalional Donation lo Salvation Army Copyright licence Safeguarding servTces Evangelical AllianGe subscription Resources for children's work PA equipment and software CommunK)n cups and walers Minibus hire Bank charges Other expense Deprecialion of tangible fixed assets 2,683 423 333 3,000 350 1.349 165 3,450 4Q7 158 3,502 523 1,050 25 1.50D 1,000 265 129 9D 145 90 138 369 1,002 250 74 82 423 71 226 423 9.765 14,195 GovernanGe G05t5 Accountancy 600 500 600 500 Total resources expended 10.365 14,695 Net inGomelldefiritl 13,079) 15.9271 This page does not fomi part of the statutory financial statements Page11