``` 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`** |||**`Page`**|| |---|---|---|---| |**`Reference and Administrative Details`**||`1`|| |**`Report of the Trustees`**|`2`|`to`|`4`| |**`Independent Examiner's Report`**||`5`|| |**`Statement of Financial Activities`**||`6`|| |**`Balance Sheet`**||`7`|| |**`Notes to the Financial Statements`**|`8`|`to`|`13`| |**`Detailed Statement of Financial Activities`**|`14`|`to`|`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