REGISTERED COMPANY NUMBER: 09312689 (England and Wales)
REGISTERED CHARITY NUMBER: 1160459
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2024
for
King's Church Kingston
Brewers Chartered Accountants
Bourne House
Queen Street
Gomshall
Surrey
GU5 9LY
King's Church Kingston
Contents of the Financial Statements for the Year Ended 31 March 2024
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Reference and Administrative Details |
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Report of the Trustees |
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Independent Examiner's Report |
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5 |
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Statement of Financial Activities |
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6 |
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Balance Sheet |
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7 |
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Notes to the Financial Statements |
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to |
13 |
Detailed Statement of Financial Activities |
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15 |
King's Church Kingston
Reference and Administrative Details
for the Year Ended 31 March 2024
REGISTERED OFFICEKing's Church
Speer Road
Thames Ditton
KT7 0PN
REGISTERED COMPANY NUMBER 09312689 (England and Wales)
REGISTERED CHARITY NUMBER 1160459
INDEPENDENT EXAMINERBrewers Chartered Accountants
Bourne House
Queen Street
Gomshall
Surrey
GU5 9LY
BANKERS HSBC PLC
66 High Street
New Malden
Surrey
KT3 4HD
Page 1
King's Church Kingston
Report of the Trustees for the Year Ended 31 March 2024
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,present their
reportwiththefinancialstatementsofthecharityfortheyearended31March2024.Thetrustees have
adoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Constitution
KingsChurchKingstonisacompanylimitedbyguarantee-companynumber9312689,andisregisteredas a
charity-number1160459.Thecompanywasformedon14thNovember2014andwasinactiveuntil6th April
2015,whenittookovertheassets,liabilitiesandundertakingoftheKingsChurchKingstonTrust (charity
no.1046210). The accounts and report cover the period from 1st April 2023 to 31st March 2024.
The principal office is King's Church, Speer Road, Thames Ditton KT7 0PN.
Trusteesareappointedbyaresolutionatameetingofthetrustees.TheTrusteesthatservedduringthe year
are as follows:
Patrick Corbett (until February 2024)
Nicholas Spear
Katherine Thorne
Sharon Sebastian
The following trustee was appointed after the year end, but prior to signature:
David Rowsell (appointed 19 September 2024)
OBJECTIVES AND ACTIVITIES
Objectives
TheobjectofthecharityisthepromotionandadvancementoftheChristianreligion.Inordertomeet this
objective,thechurchseekstobeagrowinglocalchurchservingtheboroughsofKingstonandElmbridge. It
doesthisthroughSundayservices,whichareopentoall;midweeklifegroups;training; community-based
activities for children, young people and the elderly; and partnership with local social action projects.
Duringthisperiodthechurchwasledby a team offiveelders,twoofwhomPhilipEllwoodand JohnFord were
paidonafulltimebasis.TheeldersweresupportedbyaparttimeAdministratorandsome ad-hoc
communications support.
ThechurchispartofNewfrontiers,aninternationalfamilyofchurches,andwithinNewfrontiersisamember of
theNewGroundnetwork,ledbyDaveHolden.Theeldersreceivetrainingandpastoralsupportfrom Dave
Holden and the New Ground team who support churches in the South West London area.
Page 2
King's Church Kingston
Report of the Trustees for the Year Ended 31 March 2024
OBJECTIVES AND ACTIVITIES
Review of activities
Sunday Services
Ourservicesareopentoallandgroupsforchildrenandyoungpeopleage0-18areprovidedduring every
service. Services always include sung worship, prayer, Bible readings and preaching.
SinceSeptember2020,King'sChurchKingstonhasbeenmeetingastwolocalcongregationsinThames Ditton
andNewMalden.WemeetinthemorningsinThamesDittonandtheafternoonsinNewMalden. In
September 2021 we changed our New Malden venue and now meet in the URC church in New Malden.
Building purchase and renovation
InMarch2022King'sChurchwasabletobuyabuilding,theformerThamesDittonUnitedReformedChurch in
SpeerRoad,ThamesDitton.Thefundsusedforthispurchasehadbeensecuredoveranumberof years
throughgivingofcurrentandformerchurchmembersintoarestrictedbuildingfund.Thechurchalso secured
a mortgage with Kingdom Bank to enable the purchase and renovation of the building.
Alpha Courses
TheAlpha Courseisaninternationalinitiativeprovidingasafe,informalenvironmentwherethosenewto faith
orsimplyexploringtheclaimsofChristianitycanmeettolearnaboutChristianbeliefs,askquestions and
discussideasovera meal.King'sChurchholdscourseseachyear,whichhavebeenheldat ourThames Ditton
location.
Training
We run Marriage, Parenting and Marriage Preparation courses, which are open to all.
Fundsarealsomadeavailableonaregularbasistoenableministryleaderstoreceivetraininginany areas
they feel would be of benefit in assisting them to carry out their roles within the church.
Inthecurrentperiodweprovidedfundingtohelptrainupcomingleadersinthechurchthrougha leadership
training programme called New Ground Academy.
Children's and Youth ministry
In addition to Sunday morning activities for 0-18s, we have two regular groups which we run for families.
In2022weestablishedThamesTots,aparentandtoddlergroup,whichmeetsonFridaymornings.We also
haveamonthlyFridaynightyouthgroup,Ignite,whicheithermeetsatourThamesDittonbuildingorin the
local area for activities.
We also take young people to a Christian Festival called Newday each summer.
Social Action
InJanuary2019wesetupanolderpeople'ssocialgroup,("Elderberries")tohelpcombatsomeof the
lonelinessthatweseeamongstsomeolderpeopleinourarea.Thegroupmeetsfortnightlyona Tuesday
morning, and offers friendship, support, as well as interesting talks, quizzes and activities.
InApril2023westartedaprojectwithTransformingLivesforGoodtomentorteenagersatalocal secondary
school.
Intermsofoverseassupport,in2023-4wegifted£6500tosupportmissionandchurchplantinginthe Caucus
region. We also gave £10,000 to support the earthquake relief efforts in South East Turkiye.
In 2023-4 we also gifted £5000 to support the work of the Newday Christian Festival.
Pastoral Care
Page 3
King's Church Kingston
Report of the Trustees for the Year Ended 31 March 2024
OBJECTIVES AND ACTIVITIES
As wellas servingthecommunity,thechurchplacesa highpriorityonmeetingtheneedsofitsmembers.This is
primarilyaccomplishedthrough:LifeGroups-groupsof10-20individualsmeetingmidweekinhomes for
prayer,fellowshipandBiblestudy;eventstargetedspecificallyatmen,atwomen;ongoingtraining and
coachingforleaderswithinthechurch;andaprayerteamavailableafterSundayservicesand contactable
any time via e-mail or text.
Theeldersarealsoavailabletomeetwithmembersofthechurchtoprayforthemandsupportthem as
appropriate.
AspartoftheNewGroundandthewiderNewfrontiersnetwork,wealsoseektobuildastrong community
within the church through regular weekends away and attendance at conferences.
Other Activities
In2013,ateamwassentoutfromKing'sChurchKingstoninordertoplantanewchurchinIstanbul,Turkey. In
2019theleadersoftheIstanbulChurchreturnedtoKingstonandtoKing'sChurch.TheIstanbulchurchis still
meetingundernewleadership.King'sChurchiscommittedtosupportingthisventurebothfinancially and
through prayer and pastoral visits. In the current year our financial support of this ministry totalled £7,500.
Thechurchhasaconnectedcharity,TheKing'sChurchKingstonPropertyTrust.A giftof£213wasmadeto this
connected charity in the year.
Public benefit
TheTrusteeshaveconsideredtheguidanceprovidedbytheCharityCommissionregardingpublicbenefit and
the work of the charity for this year and for the future.
FINANCIAL REVIEW
Financial statements
Thechurch'stotalincomefortheyearwas£317,879,ofwhich£53,526wasforrestrictedpurposes.Ofthe total
£47,190wasincometaxrecoverableonofferingsreceivedundergiftaid.Thetotalexpenditureforthe year
was £308,713, creating a surplus of £9,166.
Policies
Grantmakingisatthediscretionofthetrusteesandeldersandisapprovedbythetrusteesattheir regular
meetings. The church aims to give away at least 10% of its general fund income.
Reserves
As at31stMarch2024generalunrestrictedreservestotalled£1,184,787.A significantamountofthese reserves
aretiedupinthecostofthechurchbuilding.Thecharity'sunrestrictednetcurrentassetsat theyearend date
were £162,665.
Thetrusteesreviewthereservespolicyannually.Thegeneralunrestrictedreservesareheldtocover financial
commitmentsandthetrusteesaimtoholdatleastthreemonthsunrestrictedexpenditureof approximately
£71,000 in reserve.
ThereporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompaniesAct 2006
relating to small companies.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledby itsgoverningdocument,a deedoftrust,and constitutesa limitedcompany, limited
by guarantee, as defined by the Companies Act 2006.
Approved by order of the board of trustees on 20 December 2024 and signed on its behalf by:
Nick Spear Nick Spear (Dec 20, 2024 15:28 GMT)
N L Spear - Trustee
Page 4
Independent Examiner's Report to the Trustees of
King's Church Kingston
Ireporttothetrustees(whoarealsoDirectorsforthepurposeofcompanylaw)onmyexaminationof the
financialstatementsofKing'sChurchKingston('thecharitablecompany')fortheyearended31March 2023
which comprise the Statement of Financial Activities, the Balance Sheet and related notes.
Thisreportismadesolelytothecharity'strustees,asabody,inaccordancewithsection145ofthe Charities
Act2011.MyworkhasbeenundertakensothatImightstatetothecharity'strusteesthosemattersI am
requiredtostatetotheminthisreportandfornootherpurpose.Tothefullestextentpermittedbylaw,I do
notacceptorassumeresponsibilitytoanyoneotherthanthecharityandthecharity'strusteesasabody, for
my work, for this report, or for the opinions I have formed.
Responsibilities and basis of report
Asthetrusteesofcharitablecompanyyouareresponsibleforthepreparationofthefinancialstatements in
accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Havingsatisfiedmyselfthatthefinancialstatementsofthecharitablecompanyarenotrequiredto be
auditedunderPart16oftheActandareeligibleforindependentexamination,Ireportinrespectof my
examinationofthecharitablecompany'sfinancialstatementscarriedoutundersection145ofthe Charities
Act2011('the2011Act')andincarryingoutmyexaminationIhavefollowedalltheapplicable Directions
given by the Charity Commission under section 145(5)(b) of the 2011 Act.
An independentexaminationdoesnotinvolvegatheringalltheevidencethatwouldberequiredinan audit
andconsequentlydoesnotcoverallthemattersthatanauditorconsidersingivingtheiropinionon the
financialstatements.Theplanningandconductofanauditgoesbeyondthelimitedassurancethat an
independentexaminationcanprovide.Consequently,Iexpressnoopinionastowhetherthe financial
statementspresenta'trueandfair'viewandmyreportislimitedtothosespecificmatterssetoutin the
independent examiner's statement.
Independent examiner's statement
Sincethecharitablecompany'sgrossincomeexceeded£250,000yourexaminermustbeamemberof a
bodylistedinsection145ofthe2011Act. IconfirmthatIam qualifiedtoundertaketheexamination because
I am a member of ACA, which is one of the listed bodies. I have completed my examination.
Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwiththeexaminationgiving me
cause to believe that in any material respect:
oaccountingrecordswerenotkeptinrespectofthecharitablecompanyasrequiredbysection386of the
2006 Act; or
to the financial statements do not accord with those records; or
tothefinancialstatementsdonotcomplywiththeaccountingrequirementsofsection396ofthe2006 Act
otherthananyrequirementthatthefinancialstatementsgivea'trueandfairviewwhichisnota matter
considered as part of an independent examination; or
tothefinancialstatementshavenotbeenpreparedinaccordancewiththemethodsandprinciplesof the
StatementofRecommendedPracticeforaccountingandreportingbycharitiesapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUK and
Republic of Ireland (FRS 102).
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingofthefinancial statements
to be reached.
A Skilton
A Skilton (Dec 20, 2024 15:52 GMT)
Andrew Skilton, ACA
Brewers Chartered Accountants
Bourne House
Queen Street
Gomshall
Surrey
GU5 9LY
20 December 2024
Page 5
King's Church Kingston
Statement of Financial Activities for the Year Ended 31 March 2024
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
2
Other income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Mission and other gifts
Other
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
13
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD |
Unrestricted
funds
£
262,772
863
718
264,353
-
39,432
212,309
251,741
12,612
(3,446)
9,166
1,175,621
1,184,787 |
Restricted
fund
£
53,526
-
-
53,526
-
45,241
11,731
56,972
(3,446)
3,446
-
-
- |
31.3.24
Total
funds
£
316,298
863
718
317,879
-
84,673
224,040
308,713
9,166
-
9,166
1,175,621
1,184,787 |
31.3.23
Total
funds
£
316,509
724
2,000
319,233
24,643
41,144
280,463
346,250
(27,017)
-
(27,017)
1,202,638
1,175,621 |
|
|
|
|
|
The notes form part of these financial statements
Page 6
King's Church Kingston
Balance Sheet 31 March 2024
Notes
FIXED ASSETS
Tangible assets
7
CURRENT ASSETS
Debtors
8
Cash at bank
CREDITORS
Amounts falling due within one year
9
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS
Amounts falling due after more than one
year
10
NET ASSETS
FUNDS
13
Unrestricted funds
TOTAL FUNDS |
Unrestricted
funds
£
1,481,339
46,296
153,171
199,467
(36,802)
162,665
1,644,004
(459,217)
1,184,787 |
Restricted
fund
£
-
-
-
-
-
-
-
-
- |
31.3.24
Total
funds
£
1,481,339
46,296
153,171
199,467
(36,802)
162,665
1,644,004
(459,217)
1,184,787
1,184,787
1,184,787 |
31.3.23
Total
funds
£
1,487,056
56,883
130,488
187,371
(30,366)
157,005
1,644,061
(468,440)
1,175,621
1,175,621
1,175,621 |
|
|
|
|
|
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006 for
the year ended 31 March 2024.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable
companies subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
20 December 2024 and were signed on its behalf by:
Nick Spear Nick Spear (Dec 20, 2024 15:28 GMT)
N L Spear - Trustee
The notes form part of these financial statements
Page 7
King's Church Kingston
Notes to the Financial Statements
for the Year Ended 31 March 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by
Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS
102)(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancial statements
have been prepared under the historical cost convention.
Income
All incomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementto the
funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.
Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedas a
commitment but not accrued as expenditure.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoverits estimated
useful life.
Freehold property- NIL
Improvements to property- 2% on cost
Fixtures and fittings- 25% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
Hire purchase and leasing commitments
RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitiesona straight
line basis over the period of the lease.
Pension costs and other post-retirement benefits
Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayable to
thecharitablecompany'spensionschemearechargedtotheStatementofFinancialActivitiesin the
period to which they relate.
continued...
Page 8
King's Church Kingston
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
2. INVESTMENT INCOME
INVESTMENT INCOME |
|
|
|
31.3.24 |
31.3.23 |
|
£ |
£ |
Interest receivable - trading |
863 |
724 |
NET INCOME/(EXPENDITURE) |
|
|
Net income/(expenditure) is stated after charging/(crediting): |
|
|
|
31.3.24 |
31.3.23 |
|
£ |
£ |
Depreciation - owned assets |
5,717 |
5,748 |
Other operating leases |
5,873 |
11,265 |
3. NET INCOME/(EXPENDITURE)
4. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2024norfor the
year ended 31 March 2023.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
Employees
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
Other income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Mission and other gifts
Other
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward |
Unrestricted
funds
£
316,509
724
2,000
319,233
24,643
41,144
280,463
346,250
(27,017)
1,202,638 |
|
31.3.24
3
Restricted
fund
£
-
-
-
-
-
-
-
-
-
- |
31.3.23
4
Total
funds
£
316,509
724
2,000
319,233
24,643
41,144
280,463
346,250
(27,017)
1,202,638 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
continued...
Page 9
King's Church Kingston
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
TOTAL FUNDS CARRIED FORWARD
7.
TANGIBLE FIXED ASSETS
Freehold
property
£
COST
At 1 April 2023 and 31 March 2024
1,400,000
DEPRECIATION
At 1 April 2023
-
Charge for year
-
At 31 March 2024
-
NET BOOK VALUE
At 31 March 2024
1,400,000
At 31 March 2023
1,400,000
8.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Gift aid receivable
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 11)
Trade creditors
Social security and other taxes
Pension liability
Other creditors
Accruals and deferred income |
Unrestricted
funds
£
1,175,621
Improvements
to
property
£
69,360
-
1,387
1,387
67,973
69,360 |
|
Restricted
fund
£
-
Fixtures
and
fittings
£
97,157
79,461
4,330
83,791
13,366
17,696
31.3.24
£
-
46,296
46,296
31.3.24
£
20,000
1,979
3,057
591
3,120
8,055
36,802 |
|
Total
funds
£ |
|
|
|
|
|
1,175,621 |
|
|
|
|
|
Totals
£
1,566,517
79,461
5,717
85,178
1,481,339
1,487,056
31.3.23
£
2,938
53,945
56,883
31.3.23
£
20,000
-
3,303
551
4,916
1,596
30,366 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
continued...
Page 10
King's Church Kingston
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
10.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
10.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
|
|
|
Bank loans (see note 11)
11.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
12.
SECURED DEBTS
The following secured debts are included within creditors:
Kingdom Bank Mortgage
The above mortgage has a secured debt charge over the building included in
13.
MOVEMENT IN FUNDS
Net
movement
At 1.4.23
in funds
£
£
Unrestricted funds
General fund
1,106,261
12,612
Designated funds
69,360
-
1,175,621
12,612
Restricted funds
Restricted Funds
-
(3,446)
TOTAL FUNDS
1,175,621
9,166 |
|
31.3.24
£
459,217
31.3.24
£
20,000
20,000
60,000
379,217
31.3.24
£
479,217
Fixed Assets.
Transfers
between
funds
£
(3,446)
-
(3,446)
3,446
- |
31.3.23
£
468,440
31.3.23
£
20,000
20,000
60,000
388,440
31.3.23
£
488,440
At
31.3.24
£
1,115,427
69,360 |
31.3.23
£
468,440 |
|
|
|
|
31.3.23
£
20,000 |
|
|
|
|
20,000 |
|
|
|
|
60,000 |
|
|
|
|
388,440
31.3.23
£
488,440 |
|
|
|
1,184,787
- |
|
|
|
|
1,184,787 |
|
continued...
Page 11
King's Church Kingston
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted Funds
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
264,353
(251,741)
12,612
53,526
(56,972)
(3,446)
317,879
(308,713)
9,166 |
|
|
Comparatives for movement in funds
Unrestricted funds
General fund
Designated funds
TOTAL FUNDS |
At 1.4.22
£
290,726
911,912
1,202,638
1,202,638 |
Net
movement
in funds
£
(18,934)
(8,083)
(27,017)
(27,017) |
Transfers
between
funds
£
834,469
(834,469)
-
- |
At
31.3.23
£
1,106,261
69,360 |
|
|
|
|
1,175,621 |
|
|
|
|
1,175,621 |
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Designated funds
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
241,816
(260,750)
(18,934)
77,417
(85,500)
(8,083)
319,233
(346,250)
(27,017)
319,233
(346,250)
(27,017) |
|
|
continued...
Page 12
King's Church Kingston
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
Designated funds
Restricted funds
Restricted Funds
TOTAL FUNDS |
At 1.4.22
£
290,726
911,912
1,202,638
-
1,202,638 |
Net
movement
in funds
£
(6,322)
(8,083)
(14,405)
(3,446)
(17,851) |
Transfers
between
funds
£
831,023
(834,469)
(3,446)
3,446
- |
At
31.3.24
£
1,115,427
69,360 |
|
|
|
|
1,184,787
- |
|
|
|
|
1,184,787 |
A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedin the
above are as follows:
Unrestricted funds
General fund
Designated funds
Restricted funds
Restricted Funds
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
506,169
(512,491)
(6,322)
77,417
(85,500)
(8,083)
583,586
(597,991)
(14,405)
53,526
(56,972)
(3,446)
637,112
(654,963)
(17,851) |
|
|
14. RELATED PARTY DISCLOSURES
Duringtheyear,£101,048(2023:£116,982)ofdonationswerefromTrustees,employeesand/or their
relatives.
There were no other related party transactions during the year which require disclosure.
Page 13
King's Church Kingston
Detailed Statement of Financial Activities for the Year Ended 31 March 2024
Detailed Statement of Financial Activities
for the Year Ended 31 March 2024 |
|
|
|
31.3.24 |
31.3.23 |
|
£ |
£ |
INCOME AND ENDOWMENTS |
|
|
Donations and legacies |
|
|
Donations |
269,108 |
262,563 |
Gift aid |
47,190 |
53,946 |
|
316,298 |
316,509 |
Investment income |
|
|
Interest receivable - trading |
863 |
724 |
Other income |
|
|
Other income |
718 |
2,000 |
Total incoming resources |
317,879 |
319,233 |
EXPENDITURE |
|
|
Raising donations and legacies |
|
|
Outreach events |
- |
24,643 |
Charitable activities |
|
|
Outreach events |
18,680 |
- |
Grants to institutions |
41,720 |
29,300 |
Grants to individuals |
24,273 |
11,844 |
|
84,673 |
41,144 |
Other |
|
|
Wages |
120,443 |
116,284 |
Social security |
7,171 |
7,579 |
Pensions |
5,797 |
5,521 |
|
133,411 |
129,384 |
Support costs |
|
|
Management |
|
|
Other operating leases |
5,873 |
11,265 |
Insurance |
2,933 |
2,648 |
Light and heat |
11,485 |
7,487 |
Telephone |
2,030 |
2,142 |
Postage and stationery |
2,829 |
2,075 |
Advertising |
2,919 |
5,357 |
Sundries |
1,196 |
1,404 |
IT software & consumables |
2,570 |
2,531 |
Property repairs |
16,967 |
86,136 |
Travel |
2,888 |
- |
Mortgage interest |
29,171 |
21,200 |
|
80,861 |
142,245 |
Finance |
|
|
Bank charges |
214 |
80 |
Carried forward |
214 |
80 |
This page does not form part of the statutory financial statements
Page 14
King's Church Kingston
Detailed Statement of Financial Activities for the Year Ended 31 March 2024
Detailed Statement of Financial Activities
for the Year Ended 31 March 2024 |
|
|
|
31.3.24 |
31.3.23 |
|
£ |
£ |
Finance |
|
|
Brought forward |
214 |
80 |
Depreciation of tangible fixed assets |
5,717 |
5,748 |
|
5,931 |
5,828 |
Governance costs |
|
|
Accountancy fees |
3,837 |
2,937 |
Legal fees |
- |
69 |
|
3,837 |
3,006 |
Total resources expended |
308,713 |
346,250 |
Net income/(expenditure) |
9,166 |
(27,017) |
This page does not form part of the statutory financial statements
Page 15
Kings Church Kingston - YE 31.3.24 Revised
Final Audit Report
2024-12-20
Created: 2024-12-20 By: Jonathan Skilton (jskilton@bg-brewers.com) Status: Signed Transaction ID: CBJCHBCAABAARTujmltVyhHFccUTetVTZx-BWrKOKREy
"Kings Church Kingston - YE 31.3.24 Revised" History
Document created by Jonathan Skilton (jskilton@bg-brewers.com) 2024-12-20 - 3:23:51 PM GMT
Document emailed to Nick Spear (nick.spear90@gmail.com) for signature 2024-12-20 - 3:23:55 PM GMT Document emailed to A Skilton (askilton@bg-brewers.com) for signature 2024-12-20 - 3:23:55 PM GMT Email viewed by A Skilton (askilton@bg-brewers.com) 2024-12-20 - 3:24:32 PM GMT Email viewed by Nick Spear (nick.spear90@gmail.com) 2024-12-20 - 3:26:07 PM GMT Document e-signed by Nick Spear (nick.spear90@gmail.com) Signature Date: 2024-12-20 - 3:28:09 PM GMT - Time Source: server Document e-signed by A Skilton (askilton@bg-brewers.com) Signature Date: 2024-12-20 - 3:52:04 PM GMT - Time Source: server Agreement completed. 2024-12-20 - 3:52:04 PM GMT