**Beeston Free Church Nottingham** Trustees Annual Report and Financial Statements April 2023 - March 2024 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 1 



## **Overview** 

The Trustees present their annual report and financial statements of the charity for the year ended 31 March 2024. It contains the following items: 

- The annual report of the charity explaining the activities undertaken in the year, how the charity met its public benefit objectives and the way the church is managed. 

- The annual financial report for the financial year ended 31[st] March 2024, the required statements and notes to the accounts. 

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 102. 

## **Reference and administrative details** 

Charity Name: Beeston Free Church Nottingham Registered Charity Number: 1160335 Charity’s principal address: Salthouse Lane, Beeston, Nottingham, NG9 2FY 

Names of the trustees who manage the charity and their dates of appointments or resignation if not serving for the full reporting period: 

George Hawkins Rebecca Thomas Church Secretary Stuart Barlow Chair of trustees David Bish Daniel Goddard                         Chair of Employment Committee Retired July 2023 Matthew Roberts Retired July 2023 Robert Goodwin Retired October 2023 David Arrowsmith Treasurer Retired July 2023 Crian Wilson Peter Andrews Chair of Employment group from July 2023 Richard Graham Treasurer from July 2023 Barbara Graham Chris Pinnington Andy Grundy Chair of elders Matthew Priestland Chris Wilson Appointed July 2023 John Johnson Appointed October 2023 

Appointed July 2023 Appointed October 2023 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

2 



## Names and addresses of advisers: 

**Accountant:** Wyatt & Co, 125 Main Street, Garforth, Leeds, LS25 1AF 

**Bankers** : CAF Bank, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent,  ME19 4TA Kingdom Bank, Media House, Padge Road, Beeston, Nottingham NG9 2RS Nationwide Building Society, Kings Park Road, Moulton Park, Northampton, NN3 6NW United Trust Bank, 1 Ropemaker Street, London, EC2Y 9AW 

**Legal** : Edward Connor, 10 The Point, Market Harborough, LE16 7QU 

## Names of senior staff members: 

George Hawkins is the Senior Minister and leads the elders and the staff team. 

Becky Thomas is the Operations Manager with day to day responsibility for compliance matters. 

## People 

David Arrowsmith served as the church’s treasurer until July 2023. The trustees are very grateful to David for his work in this area. 

Richard Graham is the current treasurer with responsibility for the supervision and oversight of the work of the operations manager and finance officer relating to financial reporting and management. The trustees are very grateful to Richard for his work in this area. 

Laura Perbet is seconded to Beeston Free from Rylands Community Church for 1 day per week to offer training and Biblical Counselling.  The trustees are very grateful to Laura for her work in this area. 

Crian Wilson serves as a maintenance volunteer, carrying out maintenance and repairs to the church building.  The trustees are very grateful to Crian for his work in this area. 

## Structure, governance and management 

Beeston Free Church Nottingham is a Charitable Incorporated Organisation (CIO) registered in February 2015. 

The church is governed by a Constitution and Rules.  The church is a member of the Fellowship of Independent Evangelical Churches (FIEC) and the Midlands Gospel Partnership, but is fully independent in governance. 

## Church membership 

Church membership is open to Christians who are willing to be in active partnership with the church in the work of the gospel.  At the year-end church membership stood at 255. The church members meet regularly to conduct business meetings. 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

3 



## Organisational structure 

The church membership elects, from its number, individuals to serve as church officers, who form the trustee body. These officers are Elders, Deacons, a Church Secretary and a Treasurer.  The elders and deacons are appointed for a term of three years, which can be renewed for a further three years before a period of at least a year must pass before the individual becomes eligible to stand again.  The secretary and treasurer are appointed annually by the church members. 

All trustees receive an induction on appointment and ongoing training is provided for all trustees at least annually. 

The trustees meet at least four times each year and have overall responsibility for the operation and leadership of the church.  The trustees draw up policies and procedures within which they and the staff operate and make decisions. The trustees delegate much of the day to day responsibilities to the church staff team.  The delegation of responsibilities to committees is reviewed annually. 

The Elders are responsible for doctrinal integrity, policy and strategy and meet regularly to discuss these matters, together with a number of responsibilities delegated to them by the trustees including membership and the appointment of officers.  3 sub-committees of trustees meet regularly, with responsibility delegated by the trustees for Employment, Property and Compliance and Finance. 

The Employment Committee, which does not include paid / connected members of the trustees, considers all matters related to employment and other areas where paid or connected trustees may have a conflict of interests.  They are responsible for setting staff remuneration and pay, which is linked to external pay scales, with reference to the Remuneration policy. 

## Staff 

The church employs a number of staff; during the year the staff team has been: 

- George Hawkins _Senior Minister_ 

- ● Dave Bish _Associate Minister_ ● James Taylor _Minister in Training_ 

- ● Daniel Robertson _Minister in Training Resigned June 2023_ ● Anne Macgregor _Ministry Worker in Training_ ● Becky Thomas _Operations Manager_ 

- ● Ele Hawkins _Communications Co-ordinator_ ● Ruth Evans _Finance Officer_ 

## Trainee scheme 

During the year a number of ministry trainees have been employed. The trainees are involved in a wide range of ministry and practical tasks around the church, alongside receiving theological training at the Midland Ministry Training Course, run by the Midlands Gospel Partnership. In the 2022-23 academic year Joel Brown, Sarah Clarke and Matthew James served as trainees. In the 2023-24 academic year Joel Brown, Florence Edwards, Archie Mowatt, and Lucy Sewall are serving as trainees. 

## **Objectives and Activities** 

Beeston Free Church Nottingham is situated in south–west Nottingham just a few hundred metres away from the University of Nottingham campus and close to University Hospital Nottingham. The church is a large community-based church which is focused on serving all ages. The church is a member of the Fellowship of Independent Evangelical Churches and has adopted the FIEC’s Basis of Faith as the theological basis of its work. 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

4 



The activities of the church involve the promotion of our beliefs and reaching out to our community and beyond, providing care and sharing our faith. The trustees of Beeston Free Church Nottingham confirm they have had regard for the Charity Commission’s guidance on public benefit and believe they have met the legal requirement of S17 of the Charities Act 2011. 

## Objectives 

The charitable objectives are:- 

- 1)  The advancement of the Christian faith in accordance with the basis of faith primarily but not exclusively within Beeston, Nottinghamshire and the surrounding neighbourhood; and 

- 2)  Such other charitable purposes as shall, in the opinion of the charity trustees, further the work of the church. 

## Aims 

**Our vision:** Glorifying God through lives transformed by the gospel 

**Our values:** Loving God, loving the gospel, loving people 

**Our mission:** We are involved in Christian ministries with a local, national and international focus. 

## Activities that further the Charity's objectives 

## Use of the Church Building 

The church building on Salthouse Lane, Beeston is used in a wide variety of ways to support the work of the church, with members of the community welcomed into the building for many of the activities. 

## _Sundays_ 

On Sundays the congregations at each of the worship services, which include music, singing, praying and preaching, have continued to grow; activities for children also take place alongside the service. Services have continued to be streamed online for those unable to attend in person. 

From time to time special events make full use of the church building for both meetings and meals. 

In addition, a group for students meets for food, Bible study and reflection. 

## _Weekdays_ 

The church is in use almost every morning and evening, for activities including: 

- Provision of children’s and youth groups for 5-18 year olds on weekdays. 

- Provision of a community group for children under 5 and their carers. 

- Provision of activities and groups for both UK and international students. 

- Provision of teaching courses for those seeking to learn more about the Christian faith. 

- An extensive programme of bible study groups, social groups and training involving the volunteers who lead and support these groups 

Many other events take place in the church building throughout the year including holiday activities for the retired and for children, courses about subjects such as money management and the Christian faith, social evenings with food and speakers, conferences and special events for Christmas. 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

5 



A number of events were hosted to support churches and Christian organisations locally, regionally and nationally. 

## Raising Awareness and understanding our faith 

Communicating our faith is a key part of our activities as a church. Many of our activities seek to provide opportunities for those in the local community and beyond to hear the gospel and build the faith of those who believe. At the centre of all we do as a church is the teaching of the Bible and encouragement of faith in Jesus Christ. 

Some of the ways this has been done over the past year include:- 

Sunday services: services take place each Sunday, at 9:15am, 11:15am and 6:30pm. Alongside the morning services, groups for children aged 0-14 meet. 

Each week a number of Bible study groups meet, in the church building and in local homes. 

Weekly activities for children and young people aged 0-18, from the church and the local community, provide care, teaching and fun activities. 

Throughout the year groups meet together to work through courses such as Christianity Explored to help explain our faith to those who are interested. 

## Encouraging Mission and Outreach 

Beeston Free Church Nottingham remains committed to being outwardly focused, sharing our faith within the local community, more broadly in the UK and through supporting international mission. 

Outreach events are held throughout the year, to which the congregation are encouraged to invite friends and family; this has included social evenings, a quiz night, a summer holiday club for children, a holiday activities day for the retired and special Christmas services and other services suitable for guests. 

Work amongst internationals, particularly students from the University of Nottingham, is a significant part of the work of the church. A variety of groups and activities for international students and their families meet in the church building each week; day trips and weekends away are also organised regularly. 

We continue to support a number of mission partners and associates, working in the UK and internationally and have established relationships with a number of mission organisations including UFM, AIM and SIM. 

## Grant making 

One of the ways in which the church fulfils its charitable purposes is through the making of grants to projects which seek to advance the Christian faith within local communities and across the world. The trustees are committed to carrying out due diligence to ensure that funds are applied in accordance with the charity’s charitable purposes and funds are not knowingly used for money laundering, terrorist financing or bribery.  Grant agreements are in place with all individuals and organisations, setting out the level of support and review periods. 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

6 



## Volunteers 

The large number of volunteers within the church help in every aspect of the church’s work. The majority of our members and many of the congregation partner together in our ministries and in practical ways. The members and congregation of the church give in excess of 300 volunteer hours each week and the trustees recognise that without this the majority of the church’s activities could not take place. 

## Achievements and performance 

The church has continued its programme of regular services and Bible teaching on a Sunday along with a number of support activities during the week. 

The church supports a number of local, national and international initiatives to care for those in need and to advance the Christian faith. 

This year, the staff team has remained relatively stable with no new appointments to the senior staff.  As is normally the case, new trainees began work in September. 

The trustees remain committed to gospel growth initiatives and some significant progress has been made in the last year. 

There has been a particular focus on the development of the building in this year, with the refurbishment of the main hall and surrounding rooms completed in the second half of the year. The other initiatives are: 

- _Community ministries – developing ministries appropriate for the local community_ 

- _Church planting – considering planting a new church in partnership with others_ 

- _National Mission – support other churches across the country_ 

- _Global mission – support of mission partners in various parts of the world_ 

## Financial review 

## **Analysis of income** 

The income of the church is primarily donations from church members and those associated with the church. Donations to the general fund were £393k, an increase on the previous year (£360k) A small proportion, £3k was given by other charities, £27k from activities of the church such as weekends away, conferences and book sales and £9k paid in interest. 

Total income to the general fund was £432k. 

## **Analysis of Expenditure** 

Total costs to the general fund were £438k. 

In the financial year 2023-24 there was a deficit of £5.5k to the general fund. 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

7 



## **Reserves** 

The trustees set an agreed budget each financial year. The operations manager has authority, with relevant consultation with the Treasurer, to work within this budget. Any expenditure outside the budget must be brought before the trustees. 

The trustees plan to hold the equivalent of two - three months funds in reserve in cash at the bank and in interest bearing deposit accounts. 

The trustees manage the finances of the church to ensure that the financial support of the members and other givers is used to further the charitable purposes of the church.  Where the reserves of the church rise about the targeted level the trustees will take action to use the surplus in connection with those purposes. If the trustees know of future costs that justify higher than the policy level of reserves these will be explained in the management accounts, the year end report, and will be reported to the church meeting. 

At the end of the 2023-24 financial year the general fund reserve fund stood at £217k (excluding £93k of fixed assets). This is 5.94 months cover for the general fund expenses (of £36k per month). 

The trustees have agreed a deficit budget for the 2024/2025 financial year to reduce the reserves towards the target level. 

## **Budget 2024-2025** 

The budget for 2024-2025 was approved by members at the March 2024 church members meeting. 

Income to the general fund for 2024/25 is forecast to be £439k. This comprises donations of £426k and other income of £13k. 

Spending from the general fund for 2024/25 is forecast to be £501k. This comprises of: staff costs of £333k, International and UK mission costs of £64k, Ministry of Beeston costs of £24k, Property and utilities costs of £35k, administration and repair costs of £17k property development costs of £4k and other costs of £24k. 

Spending will exceed income by £62k. 

## **Investment Policy** 

No long term investments are held by the church as the trustees believe the church’s ongoing giving and income is very stable and the trustees consider that it would be possible to take fundraising or cost saving action in good time should it be necessary.  A forward financial forecast for the coming 3 years helps trustees make appropriate decisions. 

The church’s reserves are held in interest bearing instant access or short notice deposit accounts with reputable financial institutions. 

## **Fundraising** 

The church is dependent on donations from its members and wider congregation; information is shared with members on a regular basis about the financial position of the church enabling givers to make informed decisions about future giving. No external fundraisers are used. 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

8 



## **Risks and uncertainties** 

The church, and its trustees, are potentially at risk from a number of sources.  These risks are managed so as not to expose them to undue risk and trustees are kept informed so that they are able to deal with any situations that may arise.  Risks are assessed and mitigated against on an ongoing basis.  The annual risk analysis was completed in February 2024. 

## **The future** 

In the coming year the trustees and members of the church have agreed a deficit budget, planning to reduce the excess reserves to the targeted level by funding activities which enable the purposes of the charity to be fulfilled. 

The church leadership will be focusing on the recruitment of a new senior minister as the current senior minister has informed the trustees of his intention to retire in summer 2025.  The leadership will also be focusing on church planting, that is establishing new churches. 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

9 



## **Independent Examiner's Report to the Trustees of Beeston Free Church Nottingham (‘the CIO’) For the Year Ended 31 March 2024** 

I report to the Charity Trustees on my examination of the accounts of the CIO for the year ended 31 March 2024. 

## **Responsibilities and Basis of Report** 

As the Charity Trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). 

I report in respect of my examination of the CIO’s accounts carried out under Section 145 of the Act. In carrying out my examination I have followed all applicable directions givens by the Charity Commission under Section 145(5)(b) of the 2011 Act. 

## **Independent Examiner’s Statement** 

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 

1. Accounting records were not kept as required by Section 130 of the Act; or 

2. The accounts do not accord with those records. 

3. The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). 

I confirm that there are no matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. 

24/06/2024 

………………………………..................................................…… 

Dated ……....……………………… 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

10 



## **Statement of Financial Activities For the Year Ended 31 March 2024** 

||**Note**|**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|---|---|---|---|
|||**Funds**|**Funds**|**Funds**|**Funds**|**Funds**|**Funds**|
|||**2023/24**|**2023/24**|**2023/24**|**2022/23**|**2022/23**|**2022/23**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|**Income**||||||||
|Donations|3|||||||
|and Legacies||396,192|436,710|832,902|364,474|92,806|457,280|
|Activities for||||||||
|Generating Funds||-|-|-|-|-|-|
|Investment Income||9,403|-|9,403|1,850|-|1,850|
|Charitable Activities|4|26,832|1,739|28,571|15,141|1,289|16,430|
|Total Income||432,427|438,449|870,876|381,465|94,095|475,560|
|**Expenditure**||||||||
|Charitable Activities||||||||
|Operation of Beeston|5|||||||
|Free Church||||||||
|Nottingham and||||||||
|delivery of Mission||||||||
|Costs||437,907|71,257|509,164|457,134|7,340|464,474|
|Cost of Raising||||-|||-|
|Funds||-|-||-|-||
|Total Expenditure||437,907|71,257|509,164|457,134|7,340|464,474|
|Net Income/||||||||
|(Expenditure)||(5,480)|367,192|361,712|(75,669)|86,755|(11,086)|
|Transfer Between|15|||||||
|Funds||84,991|(84,991)|-|49,346|(49,346)|-|
|**Net Movement in**||||||||
|**Funds**||79,511|282,201|361,712|(26,323)|37,409|(11,086)|
|**Reconciliation of**||||||||
|**Funds**||||||||
|Total Funds Brought||||||||
|Forward||230,567|1,290,772|1,521,339|256,890|1,253,363|1,510,253|
|Total Funds Carried|15|||||||
|Forward||310,078|1,572,973|1,883,051|230,567|1,290,772|1,521,339|



Beeston Free Church Nottingham 

Registered Charity Number 1160335 

11 



## **Balance Sheet As at 31 March 2024** 

||**Note**|**Unrestricted**|**Unrestricted**|**Restricted**|**Total Funds**|**Total Funds**|
|---|---|---|---|---|---|---|
|||**Funds**||**Funds**|**2023/24**|**2022/23**|
|||**£**||**£**|**£**|**£**|
|**Fixed Assets**|12||||||
|Tangible Assets|||93,276|1,525,024|1,618,300|1,197,114|
|**Total Fixed Assets**|||93,276|1,525,024|1,618,300|1,197,114|
|**Current Assets**|||||||
|Cash at bank and in hand||222,295||173,778|396,073|323,638|
|Debtors|13||8,524|8,083|16.607|10,303|
|**Total Current Assets**||230,819||181,861|412,680|333,941|
|**Liabilities**|||||||
|Creditors falling due within 1|14||14,017|133,912|147,929|9,716|
|year|||||||
|**Net Current Assets**||216,802||47,949|264,751|324,225|
|**Total Assets less current**|||||||
|**liabilities**|||||||
|Creditors: Amounts falling due|14||-|-|-|-|
|after more than one year|||||||
|**Net Assets**||310,078||1,572,973|1,883,051|1,521,339|
|**The Funds of the Charity**|||||||
|Unrestricted|||||310,078|230,567|
|Restricted|||||1,572,973|1,290,772|
|**Total Charity Funds**|15||||1,883,051|1,521,339|



The notes on pages 14 to 25 form part of these accounts 

Approved by the trustees on 17 June 2024 and signed on their behalf by:- 

|Stuart Barlow|21/06/2024|
|---|---|
|………………………………………………………Chair||
|………………………………………………………Treasurer<br>R Graham<br>feOapaboem|19/06/2024|



Beeston Free Church Nottingham 

Registered Charity Number 1160335 

12 



## **Cash Flow Statement as at 31 March 2024** 

|**Net Cash Flow from Operating Activities**<br>**Returns on Investments:**<br>Interest Received<br>**Capital Expenditure and Financial Investments:**<br>Purchase of Tangible Fixed Assets<br>Disposal of Fixed Assets<br>**Net Cash Inflow/(Outflow)**<br>Increase/(Decrease) in Cash in the Year<br>Net Cash Resources at 1 April 2023<br>**Net Cash Resources at 31 March 2024**|**Notes**<br>23||**2023/24**<br>**£**<br>488,438<br>9,403<br>497,841<br>425,406<br>-<br>72,435<br>72,435<br>323,638<br>396,073||**2022/23**<br>**£**<br>23,822<br>1,850|
|---|---|---|---|---|---|
||||||25,672<br>(2,112)<br>-<br>23,560|
||||||23,560<br>300,078|
||||||323,638|



Beeston Free Church Nottingham 

Registered Charity Number 1160335 

13 



## **Notes to the Accounts For the Year Ended 31 March 2024** 

## **1. Basis of Accounting and going concern** 

- The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities Financial Reporting Standards applicable in the UK and Republic of Ireland (Charities SORP 2019 FRS 102) and the Charities Act 2011. 

- The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. 

The Charity meets the definition of a public benefit entity under FRS102 

The Trustees’ consider that there are no material uncertainties about the charity’s ability to continue as a going concern. The financial statements are presented in Sterling (£) 

## **2. Accounting Policies** 

a) Incoming Resources: 

|Recognition of Incoming|Income from donations or grants is recognised when there is evidence of entitlement to|
|---|---|
|Resources|the gift, receipt is probable and its amount can be measured reliably.|
|Incoming Resources with|Where incoming resources have related expenditure (as with fundraising or contract|
|Related Expenditure|income) the incoming resources and related expenditure are reported gross in the SoFA.|
|Grants and Donations|Grants and donations are only included in the SoFA when the charity has unconditional|
||entitlement to the resources.|
|Legacy income|Legacy income is recognised when receipt is probable and entitlement is established.|
|Tax Reclaims on Donations and|Gift aid receivable is included in income where there is a valid declaration from the|
|Gifts|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|
||terms of the appeal have specified otherwise.|
|Contractual Income and|Income from contracts for the supply of services is recognised with the delivery of the|
|Performance Related Grants|contracted service. This is classified as unrestricted funds unless there is a contractual|
||requirement for it to be spent on a particular purpose and returned if unspent, in which|
||case it may be regarded as restricted.|
|Gifts in Kind|Gifts in kind are accounted for at a reasonable estimate of their value to the charity or|
||the amount actually realised. Gifts in kind for sale or distribution are included in the|
||accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by|
||the charity are included in the SoFA as incoming resources when receivable.|
|Donated Services and Facilities|Income from donated goods is measured at the fair value of the goods unless this is|
||impractical to measure reliably, in which case the value is derived from the cost to the|
||donor or the estimated resale value. Donated facilities and services are recognised in the|
||accounts when received if the value can be reliably measured. No amounts are included|
||for the contribution of general volunteers.|
|Volunteer Help|The value of any voluntary help received is not included in the accounts but is described|
||in the trustees’ annual report.|
|Investment Income|This is included in the accounts when receivable.|
|Investment Gains and Losses|This includes any gain or loss on the sale of investments and any gain or loss resulting|
||from revaluing investments to market value at the end of the year.|



Beeston Free Church Nottingham 

Registered Charity Number 1160335 

14 



## **Notes to the Accounts For the Year ended 31 March 2024 (continued)** 

||**Notes to the Accounts**<br>**For the Year ended 31 March 2024 (continued)**||
|---|---|---|
|b) Expenditure and Liabilities|||
|Liability Recognition|Liabilities are recognised as soon as there is a legal or constructive obligation committing||
||the charity to pay out resources.||
|Grants|The grants given by the charity are voluntary payments made by the charity to further the||
||purpose of the charity by grant making to either a person or an institution. Grant payments||
||may be made to fund the general purposes of, or for a specific purpose of, for example||
||funding a particular activity or service.||
||The costs are shown within the charitable activities and details|are given within the notes|
||to the accounts.||
|Grants with Performance|Where the charity gives a grant with conditions for its payment being a specific level of||
|Conditions|service or output to be provided, such grants are only recognised in the SoFA once the||
||recipient of the grant has provided the specified service or output.||
|Grants Payable without|These are only recognised in the accounts when a commitment has been made and there||
|Performance Conditions|are no conditions to be met relating to the grant which remain in the control of the charity.||
|Irrecoverable VAT|Irrecoverable VAT is charged against the expenditure heading|for which it was incurred.|
|Funds Received as Agent|These amounts are shown with note 6 and do not form part of the charity income.||
||Amounts are collected on behalf of other charities and passed over to them entirely. These||
||are short term projects, on which gift aid tax relief is not claimed by Beeston Free Church||
||Nottingham. (In line with the Charities SORP section 19.)||
|Fund Accounting|Unrestricted funds can be used in accordance with the charitable objects at the discretion||
||of the trustees.||
||Restricted funds can only be used for the particular restricted purposes within the objects||
||of the charity. Restrictions arise when specified by the donor or when the funds are raised||
||for a particular purpose.||
|c) Assets|||
|Tangible Fixed Assets for use|These are capitalised if they can be used for more than one year, and cost at least £500.||
|by the Charity|They are valued at cost or a reasonable value on receipt. The rates of depreciation charges||
||are: Freehold land and building SL 0% per annum, fixtures, fittings and equipment SL||
||10% per annum, electronic and audio visual equipment SL 25% per annum. The buildings||
||are not depreciated due to the nature of the buildings and depreciation being immaterial||
||to the accounts based on an unknown lifespan of the buildings.||
|d) Pension Costs|The charity operates a defined contribution pension scheme. Contributions payable to the||
||charity’s scheme are charged to the statement of financial activities in the period towhich||
||they relate.||
|e) Holiday Pay / Sabbatical|Provision is made within the accounts to include a liability as incurred for holiday pay.||
|Leave|From time to time sabbatical leave is taken by employees but|this is at the discretion of|
||the trustees and is not a contractual obligation.||
|f) Lease Commitment|Lease payments are charged to the statement of financial activities as incurred.||
|g) Debtors|Debtors are recognised at the settlement amount owed to the charity or prepaid.||
|h) Creditors|Creditors and provisions are recognised where the charity|has a present obligation,|
||resulting from a past event that will probably result in the transfer of funds to a third party,||
||and the amount due to settle the obligation can be measured or estimated reliably–||
||creditors and provisions are normally recognised at the settlement amount||



Beeston Free Church Nottingham 

Registered Charity Number 1160335 

15 



## **Notes to the Accounts** 

## **For the Year ended 31 March 2024 (continued)** 

i) Financial Instruments 

j) Judgement and Key Sources of Estimation Uncertainty 

The charity has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at this settlement value 

The preparation of accounts using the generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the accounts and the reported amounts of revenues and expenses during the reporting period. The key estimates and assumptions used in the financial statements are detailed in the accounting policies. 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

16 



## **Notes to the Accounts For the Year ended 31 March 2024 (continued)** 

|**3. Donations and Legacies**<br>Donations & Gift aid<br>Other Grants (note 11b) and Gifts<br>Legacies<br>**4. Charitable Activities - Income**<br>Operation of Beeston Free Church Nottingham<br>and delivery of mission costs<br>Sales & Events<br>Other income<br>Under 5’s Income<br>Alta<br>Total Tuesdays<br>**5. Charitable Activities - Expenses**<br>Total Staff Costs (note 7 & 9)<br>International and UK Mission (note 11a)<br>Ministry of Beeston<br>Property and Utilities<br>Administration<br>Compliance and Membership<br>Property development<br>Sales and Events<br>Finance Depreciation and Miscellaneous<br>Loss on disposal of fixed assets<br>Support / Governance Costs (note 7)||**Unrestricted**<br>393,163<br>3,029<br>-<br>396,192<br>18,843<br>7,989<br>-<br>-<br>-<br>26,832<br>248,760<br>57,087<br>16,158<br>26,465<br>15,573<br>3,559<br>-<br>18,945<br>4,388<br>-<br>46,972<br>437,907||**Restricted**<br>436,710<br>-<br>-<br>436,710<br>-<br>-<br>1,140<br>599<br>1,739<br>47,621<br>2,227<br>4,432<br>-<br>-<br>-<br>16,977<br>-<br>-<br>-<br>-<br>71,257||**Total**<br>**2023/24**<br>829,873<br>3,029<br>-<br>832,902<br>18,843<br>7,989<br>-<br>1,140<br>599<br>28,571<br>296,381<br>59,314<br>20,590<br>26,465<br>15,573<br>3,559<br>16,977<br>18,945<br>4,388<br>-<br>46,972<br>509,164||**Total**<br>**2022/23**<br>441,344<br>15,936<br>-|
|---|---|---|---|---|---|---|---|---|
|||||||||457,280|
|||||||||15,141<br>225<br>566<br>498|
|||||||||16,430|
|||||||||280,970<br>60,170<br>20,155<br>22,204<br>14,293<br>3,492<br>14,625<br>3,859<br>-<br>44,706|
|||||||||464,474|



Beeston Free Church Nottingham 

Registered Charity Number 1160335 

17 



## **Notes to the Accounts For the Year ended 31 March 2024 (continued)** 

## **6. Funds received as agent** 

2023/2024 There were no funds received as an agent. 2022/2022 There were no funds received as an agent. 

## **7. Analysis of Governance and Support Costs held within Charitable Activities** 

The charity initially identifies the costs of its support functions. It then identifies those costs which relate to the governance function. Governance costs and other support costs are apportioned separately between the charitable activities undertaken in the year. Refer to the table below for the basis of apportionment and the analysis of support and governance costs 

|Salaries, Wages and Related<br>Costs<br>Administration<br>Statutory Fees (note 8)<br>Legal and Other Professional<br>Fees<br>Total||**Charitable**<br>**Activities**<br>**£**<br>262,544<br>33,837<br>-<br>-|**Support/**<br>**Governance**<br>**Function**<br>**£**<br>11,266<br>33,996<br>1,638<br>72|**Support/**<br>**Governance**<br>**Function**<br>**£**<br>11,266<br>33,996<br>1,638<br>72|**Total**<br>**2023/24**<br>**Total**<br>**2022/23**<br>**Basis of**<br>**Apportionment**<br>**£**<br>**£**<br>273,810<br>261,786<br>Allocated on time<br>67,833<br>62,259<br>Allocated on time<br>1,638<br>1,560<br>Governance<br>72<br>71<br>Governance<br>343,353<br>325,676|**Basis of**<br>**Apportionment**|
|---|---|---|---|---|---|---|
||||||||
|||296,381||46,972|||



## **8. Statutory Fees** 

In 2024 an Independent Examination was undertaken for a fee of £1,638 (£1,560 in 2023). 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

18 



## **Notes to the Accounts For the Year ended 31 March 2024 (continued)** 

## **9. Analysis of Staff Costs** 

## a) Staff Costs 

|Gross Wages & Salaries<br>Employers National Insurance Costs<br>Pension Costs (note 10)<br>All other staff related Costs<br>Total Staff Costs<br>Allocation of Staff Costs:-<br>Charitable Activities<br>Administration<br>b) Number of Employees at the Year end<br>Ministry<br>Management<br>Administration<br>Trainees<br>**Total**||**2023/24**<br>**£**<br>262,999<br>17,490<br>36,245<br>24,909<br>341,643<br>273,810<br>67,833<br>341,643<br>**2023/24**<br>4<br>1<br>2<br>4<br>11||**2022/23**<br>**£**<br>248,180<br>17,171<br>35,622<br>23,072|
|---|---|---|---|---|
|||||324,045|
|||||261,786<br>62,259|
|||||324,045|
|||||**2022/23**<br>5<br>1<br>2<br>3|
|||||11|



No employees received emoluments (excluding employee pension costs) of more than £60,000. 

See note 17 for details of remuneration of key management personnel 

## **10. Pension Costs** 

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund and are administered by Royal London. The pension cost charge represents contributions payable by the charity to the fund and totalled in the year £36,245. (2022/23 £35,622) 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

19 



**Notes to the Accounts For the Year Ended 31 March 2024 (continued)** 

## **11. Grants** 

## **11a. Grant making** 

Total Value of Grants (Included within cost of Global and National Mission). Grants are made for Mission support 

|**Grants to Institutions**<br>**Global Mission**<br>**£**<br>39,827|**Grants to Institutions**<br>**National Mission**<br>**£**<br>18,947|**Total Amount**|
|---|---|---|
|||**£**<br>58,774|



An additional £540 was spent on supporting mission in expenses claimed against receipts. 

a) Grants made to Institutions 

|**Name of Institutions**<br>**Global Mission**<br>AIM UK<br>AIM UK<br>AWM UK<br>Friends International UK<br>Friends of Mandritsara UK<br>OMF UK<br>UFM UK<br>UFM UK<br>UFM UK<br>UFM UK<br>UFM UK<br>SIM UK<br>Stewardship UK<br>WEC Australia<br>**National Mission (All UK)**<br>Cross Teach Nottingham<br>Cross Teach Nottingham<br>FIEC<br>MGP<br>UCCF<br>Stewardship<br>NUSU<br>NTU<br>Rylands Community Church<br>Rotherham Evangelical<br>Church|**Purpose**<br>General fund support<br>Support of Ndeshi<br>Support of Fred & Jo<br>Nottingham fund support<br>Maternity unit project<br>Support of Phil & Vicki<br>Support of Jonathan & Dawn<br>Support of Johnny & Ann<br>Support of John & Ann<br>Support of Jonathan & Clare<br>Support of George<br>Support of Ted & Rachel<br>Support of Josh Wright with Friends International<br>Support of Chris & Staci|**Total Amount of**<br>**Grants Paid £**<br>2,160<br>2,140<br>2,660<br>1,260<br>1,000<br>2,160<br>4,800<br>2,160<br>4,800<br>6,000<br>2,160<br>3,000<br>900<br>4,627|**Total Amount of**<br>**Grants Paid £**<br>2,160<br>2,140<br>2,660<br>1,260<br>1,000<br>2,160<br>4,800<br>2,160<br>4,800<br>6,000<br>2,160<br>3,000<br>900<br>4,627|
|---|---|---|---|
|||||
||TOTAL||39,827|
||Support of Cross Teach in Nottingham<br>Support of Alex<br>Fellowship Independent Evangelical Churches<br>Midlands Gospel Partnership<br>General support<br>UCCF Relay workers–Megan<br>NUCU Events week<br>Nottingham Trent CU Events weeks<br>Rylands Gospel partnership<br>Support of Elliot Hyliger||2,160<br>500<br>7,614<br>1,200<br>2,160<br>500<br>1,500<br>810<br>1,503<br>2,000|
||TOTAL||18,947|



## **11b. Grants received** 

No grants received 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

20 



## **Notes to the Accounts** 

## **For the Year Ended 31 March 2024 (continued)** 

## **12. Tangible Fixed Assets** 

a) Cost or Valuation 

|At 1 April 2023<br>Additions–in year<br>Disposals–in year<br>Balance Carried Forward||**Freehold Land**<br>**and Buildings**<br>1,542,661<br>337,930<br>-|**Fixtures, Fittings**<br>**and Equipment**<br>111,821<br>1,229<br>-|**Fixtures, Fittings**<br>**and Equipment**<br>111,821<br>1,229<br>-|**Electronic and**<br>**Audio Visual**<br>**Equipment**<br>76,184<br>86,247<br>-|**Electronic and**<br>**Audio Visual**<br>**Equipment**<br>76,184<br>86,247<br>-|**Electronic and**<br>**Audio Visual**<br>**Equipment**<br>76,184<br>86,247<br>-|**Total**<br>**2023/24**<br>**£**<br>1,730,666<br>425,406<br>-|
|---|---|---|---|---|---|---|---|---|
||||||||||
||||||||||
|||1,880.591||113,050|||162,431|2,156,072|



- b) Accumulated Depreciation and Impairment Provisions 

|At 1 April 2023<br>Depreciation charge for year<br>Disposals<br>Balance Carried Forward<br>Net Book Value<br>At 1 April 2023<br>At 31 March 2024||**SL**<br>**2% SL**<br>**50 years**<br>355,568<br>-<br>-|**SL**<br>**10% SL**<br>**10 years**<br>106,363<br>1,130<br>-|**SL**<br>**25% SL**<br>**4 years**<br>71,621<br>3,090<br>-|**Total**<br>**2023/24**<br>**£**<br>533,552<br>4,220<br>-|
|---|---|---|---|---|---|
|||355,568|107,493|74,711|537,772|
|||||||
|||1,187,093<br>1,525,023|5,458<br>5,557|4,563<br>87,720|1,197,114<br>1,618,300|



The land and building were transferred at deemed cost by charity deed in 2016 and have an insurance value now of £2.2 million. 

## **13. Debtors and Prepayments** 

|**13. Debtors and Prepayments**||||
|---|---|---|---|
|Prepayments and Accrued Income<br>Other debtors<br>Total||**2023/24**<br>**£**<br>16,607<br>-|**2022/23**<br>**£**<br>10,303<br>-|
|||16,607|10,303|



## **14. Creditors and Accruals** 

|**Analysis of Creditors**<br>Accruals and Deferred<br>Income<br>Total||**Amounts Falling Due within one**<br>**year**<br>**2023/24**<br>**2022/23**<br>**£**<br>**£**<br>147,929<br>9,716<br>147,929<br>9,716|**Amounts Falling Due within one**<br>**year**<br>**2023/24**<br>**2022/23**<br>**£**<br>**£**<br>147,929<br>9,716<br>147,929<br>9,716|**Amounts Falling Due within one**<br>**year**<br>**2023/24**<br>**2022/23**<br>**£**<br>**£**<br>147,929<br>9,716<br>147,929<br>9,716||**Amounts Falling**|**Amounts Falling**|**Amounts Falling**|**due after more**<br>**e year**<br>**2022/23**<br>**£**<br>-|**due after more**<br>**e year**<br>**2022/23**<br>**£**<br>-|
|---|---|---|---|---|---|---|---|---|---|---|
||||<br>**year**<br>**2023/24**<br>**£**<br>147,929<br>147,929||||<br>**than on**<br>**2023/24**<br>**£**<br>-<br>-|<br>**than on**|||
||||||||||||
|||||||||||-|



Beeston Free Church Nottingham 

Registered Charity Number 1160335 

21 



## **Notes to the Accounts For the Year ended 31 March 2024 (continued)** 

## **15. Fund Details** 

|**2023- 2024**<br>**Restricted Funds**<br>Trainee<br>Building<br>Tuesday Fellowship<br>Under 5s<br>Alta<br>Total Tuesdays<br>Growth<br>Taylor<br>Robertson<br>Macgregor<br>Ochs<br>**Unrestricted Funds**<br>Overall Total 31.3.24<br>**2022- 2023**<br>**Restricted Funds**<br>Trainee<br>Building<br>Tuesday Fellowship<br>Under 5s<br>Baraniak<br>Alta<br>Total Tuesdays<br>Growth<br>Taylor<br>Robertson<br>Macgregor<br>Rylands Community<br>Church<br>Ochs<br>**Unrestricted Funds**<br>Overall Total 31.3.23|**Note (see**<br>**below)**<br>A<br>B<br>C<br>D<br>F<br>G<br>I<br>J<br>K<br>L<br>N<br>**Note (see**<br>**below)**<br>A<br>B<br>C<br>D<br>E<br>F<br>G<br>I<br>J<br>K<br>L<br>M<br>N||**Funds at**<br>**1.4.2023**<br>20,478<br>1,187,093<br>631<br>261<br>284<br>151<br>62,711<br>2,767<br>5,953<br>10,400<br>43|**Incoming**<br>22,535<br>-<br>1,585<br>-<br>1,765<br>599<br>403,659<br>4,855<br>696<br>570<br>2,185|**Outgoing**<br>30,205<br>-<br>1,719<br>261<br>1,910<br>542<br>16,977<br>4,607<br>6,649<br>6,159<br>2,228|**Transfers**<br>-<br>337,930<br>-<br>-<br>-<br>-<br>(422,921)<br>-<br>-<br>-<br>-|**Funds at**<br>**31.3.2024**<br>12,808<br>1,525,023<br>497<br>-<br>139<br>208<br>26,472<br>3,015<br>-<br>4,811<br>-|
|---|---|---|---|---|---|---|---|
||||1,290,772<br>230,567|438,449<br>432,427|71,257<br>437,907|(84,991)<br>84,991|1,572,973<br>310,078|
||||1,521,339|870,876|509,164|-|1,883,051|
||||**Funds at**<br>**1.4.2022**<br>12,230<br>1,187,093<br>360<br>326<br>-<br>39<br>281<br>38,657<br>5,252<br>8,554<br>-<br>478<br>93|**Incoming**<br>35,838<br>-<br>1,889<br>225<br>75<br>1,191<br>498<br>25,137<br>3,915<br>9,671<br>13,095<br>495<br>2,066|**Outgoing**<br>-<br>-<br>1,618<br>290<br>75<br>557<br>628<br>1,083<br>-<br>-<br>-<br>973<br>2.116|**Transfers**<br>(27,590)<br>-<br>-<br>-<br>-<br>(389)<br>-<br>-<br>(6,400)<br>(12,272)<br>(2,695)<br>-<br>-|**Funds at**<br>**31.3.2023**<br>20,478<br>1,187,093<br>631<br>261<br>-<br>284<br>151<br>62,711<br>2,767<br>5,953<br>10,400<br>-<br>43|
||||1,253,363<br>256,890|94,095<br>381,465|7,340<br>457,134|(49,346)<br>49,346|1,290,772<br>230,567|
||||1,510,253|475,560|464,474|-|1,521,339|



Beeston Free Church Nottingham 

Registered Charity Number 1160335 

22 



## **Notes to the Accounts For the Year ended 31 March 2023 (continued)** 

## **Details of Funds Held** 

- a) **Trainee For the personal support of Trainees in the Beeston Free Trainee Scheme** 

   - This fund is to help defray the cost of employing our trainees each year. Trainees are encouraged to fund raise as part of their training and enables home churches, friends and families to partner with us in the support of the trainees during the year they are working and serving with us. 

- b) **Building For the holding property assets.** 

- c) **Tuesday For the Tuesday Fellowship group Fellowship** Tuesday Fellowship is a mid-week group for the retired. A collection is taken which is used to cover expenses of visiting speakers, group expenses and donations to charities - Our Daily Bread Ministries, CrossTeach, MAF. 

- d) **Under 5s For the Under 5’s group** 

   - Under 5’s is a group for parents/carers and under 5’s that meets on a Monday morning during term time in the church halls. Small contributions are taken week, which are used for refreshments, toys and craft supplies – and Christmas and Easter events. 

- e) **Baraniak For the training costs of Steve Baraniak (Assistant Minister)** This fund has now closed. 

- f) **Alta For the Alta youth group funds** 

Alta is a youth group that meets on a Friday night during term time. Small contributions are taken to buy resources and fund the activities. The fund is to keep surplus funds to enable Alta to be able to subsidise trips and weekends away. 

- g) **Total For the Total Tuesdays youth group funds Tuesdays** Total Tuesdays is a children’s club that meets on a Tuesday night during term time. Small contributions are taken each week to buy resources and fund the activities. The fund is to keep surplus funds to enable Total Tuesdays to be able to subsidise trips and weekends away. 

- h) **Rylands For Rylands Events Events** This fund has now closed 

- i) **Growth For Growth Fund** 

Gifts made to this fund will be used for the refurbishment and extension of the building at Salthouse Lane and associated professional fees. Fees will be paid from this fund and fund transfers made for the purchase of fixed assets to the building and general funds. 

- j) **Taylor For the training costs of James Taylor (Minister in Training)** 

This fund was established for support for James Taylor during his time as a minister in training and his theological study with Crosslands 

k) **Robertson For the training costs of Daniel Robertson (Minister in Training)** This fund was established for support for Daniel Robertson during his time as a minister in training and his theological study with Crosslands. This fund has now closed. 

- l) **Macgregor For the training costs of Anne Macgregor (Ministry worker in Training)** This fund was established for support for Anne Macgregor during her time as a ministry worker in training and her theological study with Crossland 

- m) **Rylands Rylands Community Church Community** This fund has now closed and the balance transferred to Rylands Community Church. **Church** 

- n) **Ochs** 

## **Ochs** 

This fund was established for support for Chris and Staci Ochs working at the WEC World view training centre in Tasmania. Funds will be transferred to WEC Australia quarterly. 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

23 



## **Notes to the Accounts For the Year ended 31 March 2024 (continued)** 

## **16. Analysis of Net Assets by Fund** 

|**2023 - 2024**<br>Fixed Assets<br>Current Assets / Liabilities<br>Long Term Liabilities<br>**2022 - 2023**<br>Fixed Assets<br>Current Assets / Liabilities<br>Long Term Liabilities||**Unrestricted**<br>93,276<br>216,802<br>-<br>310,078<br>**Unrestricted**<br>10,021<br>220,546<br>-<br>230,567||**Restricted**<br>1,525,024<br>47,949<br>-<br>1,572,973<br>**Restricted**<br>1,187,093<br>103,679<br>-<br>1,290,772||**Total Funds**<br>**2023/24**<br>1,618,300<br>264,751<br>-<br>1,883,051<br>**Total Funds**<br>**2023/24**<br>1,197,114<br>324,225<br>-<br>1,521,339||**Total Funds**<br>**2022/23**<br>1,197,114<br>324,225<br>-|**Total Funds**<br>**2022/23**<br>1,197,114<br>324,225<br>-|
|---|---|---|---|---|---|---|---|---|---|
|||||||||||
||||||||||1,521,339|
|||||||||**Total Funds**<br>**2022/23**<br>1,198,785<br>311,468<br>-||
|||||||||||
||||||||||1,510,253|



## **17. Transactions with Related Parties** 

- a) Remuneration and Benefits 

|**Name of the Trustee**|**Legal Authority**|**Salary, Pension**|**Salary, Pension**|
|---|---|---|---|
|**or Connected Person**|**(e.g. Order, governing documents)**|**& Employer NI Value**||
|||**2023/24**|**2022/23**|
|||**£**|**£**|
|George Hawkins *|Constitution and Rules|56,331|53,140|
|David Bish|Constitution and Rules|50,055|47,397|
|Rebecca Thomas *|Minutes of Employment and Audit Committee|40,930|39,375|
|Eleanor Hawkins|Minutes of Employment and Audit Committee|14,386|13,412|



## *Key management personnel 

In addition to salary and pension staff receive on average additional benefits of £200 in Life Assurance and Permanent Health Insurance 

- b) Other Transactions with Trustees or Related Parties 

A total of £126,713 was donated to the charity by trustees and related parties in the year 2023/24 (£63,591 2022/23) A total of £320 was declared as received by trustees in ex gratia payments in 2023/24 (£640 in 2022/23) 

There are no other related party transactions 

Beeston Free Church Nottingham 

Registered Charity Number 1160335 

24 



## **Notes to the Accounts For the Year ended 31 March 2024 (continued)** 

## **18. Trustee Expenses** 

These are the amounts paid to trustees or third parties for expenses incurred by trustees. 

|**Number of Trustees (or**<br>**connected persons) who**<br>**were paid expenses**<br>ONE<br>**Nature of the Expenses**<br>Expenses in connection with their<br>role as trustees (conference fees &<br>accommodation)<br>**Total Amount Paid**||**2023/24**<br>**£**<br>230|**2022/23**<br>**£**<br>645|
|---|---|---|---|
|||230|645|



## **19. Trustee Indemnity Insurance** 

The charity holds Trustee Indemnity insurance. The scheme provides annual cover of a maximum of £100,000. The premium is paid with the total insurance policy. 

## **20. Future Commitments** 

No future commitments. 

## **21. Lease Commitments** 

The charity continues a 5-year lease (commenced Jan 2024) for a photocopier, the quarterly payments due are £545. 

## **22. Taxation** 

The charity is exempt from Corporation Tax on its charitable activities. The Elders have reviewed the church’s activities and are confident that they fulfil charitable aims and they are considered to be primary purpose. 

## **23. Cash Flow Statement** 

Reconciliation of net movement in funds to new cash flows from operating activities: - 

|Net incoming resources<br>Adjustments:<br>Investment Income<br>Depreciation Charges<br>(Increase)/Decrease in Debtors<br>Increase/(Decrease) in Creditors||**2023/24**<br>**£**<br>361,712<br>(9,403)<br>4,220<br>(6,304)<br>138,213<br>488,438||**2022/23**<br>**£**<br>11,086<br>(1,850)<br>3,783<br>15,461<br>(4,658)|
|---|---|---|---|---|
|||||23,822|



Beeston Free Church Nottingham 

Registered Charity Number 1160335 

25