TRINITY MINISTRIES BRADFORD (A company limited by guarantee) Annual Report and Financial Statements th For the year ended 30 September 2024 Charity Number 1160708 Company Number 09216364
TRtNITY MtNISTRIES BRADFORD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30th September 2024 The trustees, who are also directors for the purpose of company law, present their report and accounts for the year ended 30 September 2024 which have been prepared in accordance with Accounting and reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) (effective I ' January 2015) and in accordance with the special provisions of Part VII of the Companies Act relating to Small Entities. Reference and Administrative Information Charity Name Trinity Bradford 1160708 09216364 Ministries Charity No Company No Registered OtTice and operational address 30 Avondale Crescent Shipley West Yorkshire BD18 4QS Trustees and Management Committee th During the year ended 30 September 2024 the following served as Directors and Charity Trustees Adrian Watts Chairn]an Gcoff Gobbctt Jonathan Clifton An employee, Thomas Sivinney, although not a Director or Trustee, served as Treasurer during the period and was a member of the Management Committee. Independent Examiner David Elkin FCA. 23 Soper Grove. Basingstoke. Hants, RG21 SPU Banker CAF Bank plc, 25 Kings Hill Avenue, West Mailing, Kent, ME19 4JQ The Charity does not have any other forn]al advisors, legal or othenvise. However, where it is considered appropriate, such advice would be sought. Aims and Objectives The trustees have had duc regard to the charity Commission guidance on public benefit in deciding what activities the clwity should Ldertake. Thc aims of thc Charity arc, for the public bcncfil. to advance thc Christian faith in accordancc with thc statement of beliefs of Fellowship of Independent Evangelical Churches, in West Yorkshire and in such other parts of the United Kingdom or the world as the Trustees may from time to time think fit and to fulfill such other purposes which are exclusively charitable according to the law of England and Wales and are connected to the charitable work of the Charity.
TRtNITY MtNISTRIES BRADFORD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30th September 2024 Achievement and performance Trinity Ministries Bradford continues to operate in Bradford through Trinity Church Bradford. Trinity Church meets every Sunday at 10.30am in the Midland Hotel. The Midland Hotel is situated in the centre of Bradford and is easily accessible by excellent transport links across Bradford. There is also a weekly midweek meeting for Bible study and prayer and an in-house training course that runs on Sunday afternoons during term time. Trinity Church Sunday school continues to run during our Sunday morning service to provide age appropriate teaching to the growing nwnber of children in the church. We now have a new youth work called Teach and Train (TNT) that provides further age appropriate Bible teaching for young people in the church. TNT runs during tem] time on Sundays from 3-4pm. Trinity Church also runs occasional events and courses including Quiz Nights. an introduction to the Bible course called The God who makes Himself Known, a Marriage Course and a Parenting Course. In December 2023, Trinity Church held their annual Carols by Candlelight event at Victoria Hall, Saltaire, which has excellent links with the local community. With over I l O people attending. the Main Hall was full and Trinity Church Bradford is booked to return for a similar evenr in December 2024. As well as being a church for a number of students at Bradford University, Trinity Church Bradford also supports Bradford University Christian Union (BUCU) in a number of ways. As well as providing advice as and when needed, Trinity Church Bradford also provides speakers on a regular basis at CU meetings and events as ivell as helping with follow-up from their events week. Trinity Church Bradford also runs an annual four day intensive Bible conference called Trinity Bible Week. The conference runs each year the week before Fresher's week and is open to all students, regardless of what church they go to. Trinity Church Bradford also provides a CU training day for events week in February and a training day for the new CU exec in June. Trinity Church is continuing to produce resources to equip members of the church to share the message of Christianity '1th others. The apologetics book Reflection: Made to be like Him; and the introduction to the Bible course The God who makes himself known, both published in house, have been used by members of the church family throughout the year. Two members of the church, Ricky Kimachia and Nathan Fenwick have just completed their first year of an MDIV at Southern Baptist Training Seminary as a part-time distance course. Thiq training will fiher equip them for future gospel ministy, whether that is full-time or as a member of the church. Mr. Thomas Swinney and Mr. Adrian Watts are the pastors of Trinity Church Bradford and receive salaries from Trinity Ministries Bradford. Financial Review The financial statements show the transactions for Trinity Church Bradford for the year ended 30 September 2024. Income for the year was £37,754 (2023 £45,430). Expenditure for the year was £40785 (2023 £41,818). Following 15.5 /0 increase in giving in 2023 there was a reduction of approximately 24% in 2024 with a small reduction in costs in 2024. This changed the 2023 surplus of £3,539 to a deficit of £6,105 for 2024. This compares to a deficit of £7,485 in 2022. The co-Pastors continue to accept salaries significantly below their contracted rates. However. as in preNious years, both have waived any further claim on unpaid salaries. The trustees anticipate that giving will increase over time as the church grows and that to date in the year to September 2025 giving has proved to be adequate.
TRtNITY MtNISTRIES BRADFORD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30th September 2024 The trustees have approved the attached financial statements which show a true and fair view of the financial activity for the year ended 30 September 2024 and the state of affairs at 30 ' September 2024. Reserves Policy Trinity Ministries Bradford reserves at 30, September 2024, excluding fixed assets, represented 1.17 months expenditure (2023 - 2.7 months), against a target level of 34 months expenditure. As noted above both Mr. Swinney and Mr Watts intend to continue to accept less than their full salaries and the anticipation of recovery of lost giving will allow acceptable level of reserves to be held. The trustees are confident that Trinity Ministries Bradford will continue to progress successfully within the funds available. However. if there is any doubt action will be taken to ensure that Trinity Ministries will remain solvent. Risk Management The trustees are experienced in ClYistian Ministry and are aware of the major risks to which the Charity is exposed and have established systems to mitigate these risks. Structure, Governance and Management The organisation is a charitable company limited by guarantee, Incoorated on 12 September 2014 and registered as a charity on 2. March 2015. The company was established under a Memorandum of Association which established the objectives and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribut¢ an amount not exceeding £1 O. Thc dircctors of thc company arc also charity trustccs for the purposcs of charity law and undcr thc company's Articles arc known as mcmbcrs of thc Managcmcnt Committcc. Undcr thc rcquircmcnts of the MemorandLlln and Articles of Association the members of the Management Committee are required to be elected annually at the Annual General Meeting. Members of the Management Committee are experienced in Christian ministry and give their time voluntarily, although in his role as a paid co-pa.stor Mr. Adrian WatLq, a trustee, received a Salary. Similarly, in his role as a paid co-pastor, Mr. Thomas Swinney, a member of the management committee, but not a trustee, received a salary. Responsibilities of the Management Committee The Management Committee is responsible for preparation of the financial statements and the maintenance of the accounting records and the required policies to enable them to be prepared accurately. The Management Committee have decided that the COTnpany is exempt from audit. Mr David Elkin FCA, was requested to complete an independent examination of the Charity. The accounts have been prepared on thc historic cost and accruals basis and includc thc accounting policics on pagc 7, and accuratcly sct out the financial activities of the Charity. Approved by the Management Committee on 2610612025 and signed on its behalf by: Adrian Watts Director
Independent Examiner's Report to the Trustees of Trinity Ministries Bradford . Charity No 1160708 I report on the accounts of the company for the year ended 30 September 2024, which are set out on pages 6 to 11. Respective responsibilities of trustees and examiner. The trustees (who are also the directors of the company for the purposes of company law) are responsible for the prcparation of thc accounts. Thc trustccs consider that an audit is not rcquircd for this pcriod undcr scction 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination. it is my responsibility to: examine the accounts under section 145 of the 2011 Act" to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of thc 2011 Acl; and to state whether particular matters have come to my attention. Basis of independent examiner's report: My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes considerdtion of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is givcn as to whcthcr thc accounts prcscnt a 'truc and fair vicw, and thc report is limitcd to thosc matters sct out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention: ( l ) which gives me reasonable cause to believe that in any material respect the requirements- to keep accounting records in accordance with section 386 of the Companies Act 2006. and to prepare accounts which accord with the accounting records. comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be re<iched. David Elkin FCA 23 Sopcr Grovc Basing8toke, Hants, RG215PU 26106/2025
TRINITY MINISTRIES BRADFORD STATEMENT OF FINANCIAL ACTIVITIES For the year ended 30th September 2024 2024 2023 TOTAL FUNDS TOTAL FUNDS Notes INCOMING RESOURCES Incoming Resources from Donors Other Voluntary Incoming Resources Income from Charitable and Ancillary Trading 34.092 44,822 2b 653 34,754 601 45,430 RESOURCES EXPENDED Charitable Activities Governance Costs 40.672 113 40,785 41,705 113 41,818 3b NET INCOMING RESOURCES BEFORE OTHER RECOGNISED GAINS AND LOSSES (6,032) 3,612 DEPRECIATION (73) (73) NET MOVEMENT IN FUNDS (6,105) 3,539 BROUGHT FORWARD 1st October 2023 10,226 6,687 CARRIED FORWARD 30th September 2024 4,121 10,226
TRINITY MINISTRIES BRADFORD BALANCE SHEET AS AT 30TH SEPTEMBER 2024 2024 2023 Noles FIXED ASSETS Tangible Fixed Assets 146 219 146 219 CURRENT ASSETS Debtors Books Cash in Bank and In Hand 2,153 150 1,772 4,075 6,418 330 3,609 10,357 LIABILITIES Amounts falling due within one year {100) {3501 NET CURRENT ASSETS 3,975 10,007 LIABILITIES Falling due in more than one year TOTAL NET ASSETS 4,121 10,226 CHARITY FUNDS Trinity Church 4,121 10.226 4,121 10,226 The notes on p8ges 7 to 11 fomi part of these accounts For the year ending 30th September 2024 the company was enlilled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the cornpany to obtain an audit of its accounts in accordan with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requiremenls of the Act with respect to accounting records and the prep8r8tion of accounts. The financial slatements have been prepared in a(XX)rdan with the Finanoal Reporting Standard for Smaller Entities leffeclive 1st January 2015). The a¢¢ounts were approved by the trustees on the 26th June 2025 and signed on their behalf by.. Adrian Watts {Director)
TRINITY MINISTRIES BRADFORD NOTES TO THE FINANCIAL STATEMENTS For the year ended 30th September 2024 1. ACCOLThTIYG POLICILS (•) Basis ofAccounting The fina[11 sLIILments' hai'e been prepared using the historie31 cost convention and accruals b&sis and are in accnrdance with AcLounting and RertIng by C'harilies: Stat¢m¢nt of Recommended Pra¢tiee applirable to charili¢s preparin8 thcir accounts in aCCordC with th¢ Financial Reporting Siandard for smaller ¢niilies (th¢ FR%SLI {cffLctii e 151 January 2015) and in aecordancc with the Spla1 proi'isions of Pan 7 of the Companies Aci 2W6 r¥lalin¥ to $null enliti. The CoUn include all transKtions. assets and liabiliiies for which Ihe Chariry is TesFK)nsible under law. Ib) Fund Attountlng UnrestriLt¢d fund Éire iivailabk io 41 th¢ discretion of th¢ tSte¢S in furtlKTaDc¢ of the Cb4rities objectives. Restricicd funiL$ are subjcLi to restriaions on their cxpcndilure imposcd by the thnor or through the trrnis of an apUL (c) Incoming Funds All incoming resources are included in the statemcnl of financial aclil'ities when Ihe charity is enliiled io the income and thc um04u71 can bc quantified with reasonable ccrthinly. The following spccific policics dpply: Voluniary iniomc b%. means uldonations or gifts is Tecognised on Tcceipl. Gift Aid recoverable on volunlary Inci]e 15 includcd when thc voluntary is rccogniscd. Grants and legacies to thc Charity are accounied for as soon as thc Charity is noilfiL of its legal ctstitlenjeni to thc amuuni duc. tnt¢r¢st and invcsimenl incomc is when rcc¢i%'vdbl¢. (d) Regourees Used Exp¢nth'ture is r¢cognis¢d an acuuab basis as a liability is itKUTr¢4 iu¢ludin8 the mst of unt¢cov¢r8bl¢ VAT. Charitable ¢ldItU IludeS th¢ ¢03ts incurred by th¢ charity in d¢lii'¢nn8 its Ktivities to and TY1S lo its bencficiaries. Thesc include cosls directly attributable lo its aclivities and service4 cosls lo support them and costs associaicd with mceiing th¢ stawtory and c4)nstiwiional requir¢meots of th¢ (l)arity. ilUding thc strategic nwugemenl of ihe Lharity. Donaitxl s¢r4'ices are included ai the value io the cl)arity where this value can be quanlifie(L The value of seryices prDvided by volunteets h&¥ t been in¢luded in these account¥. The number of fmaDcial transactions is small and the Managemeni Cornmittee time on strdlrgic review is small in relation to iotal lune so no speofic managemeni cosl Iw. been allocaiLxl 10 go¥'emance. {e) Flxed A.Ixets Fixed assels are sui¢d ai L051 less accwnulated depreciaiion. Amounls over £250 are capi¢alis¢d. Ikpreciauon is calculated lo write-ofi" over an estimated life of 4 year5. Church bible5 with an anticlpated long life are deprecialed over 10 years. {Q Current .Ists AmounLs owing lo ihc Charity. including incorn¢ arc shown dd)tys. appropnatc a pruvision for amounts that Djay provc uncollectable is dethK*d.
TRINITY MINISTRIES BRADFORD NOTES TO THE FINANCIAL STATEMENTS For the year ended 30th September 2024 INCOMING RESOURCES 2024 TOTAL 2023 TOTAL Incoming resources from Donors With Gift Aid Income Tax Recovered on Gift Aid Collections and Sundry Donations 21.497 5,353 7,242 30,689 7,514 6,619 34,092 44,822 2b Income from Investments Interest on Bank Accounts 2b Income from Charitable and Ancillary Trading Meals and Events (Including Christmas meal) Sale of Books 578 76 653 430 171 601 TOTAL INCOMING RESOURCES 34,754 45,430 RESOURCES USED 3a Charitable Activities Directly Relating to the Work of the Church Payroll 31,210 Outreach 68 Meals and Events (including Christmas meal) 477 Carols by Candlelight 809 Services & Music 142 Rental of Rooms for SeNices 6.890 Office Expenses and Training 299 Equipment Information Technology Insurance Bank Charges Visiting Speakers Books (including book club and evagelism) Publicity (2023 includes Carols by candle light) TOTAL RESOURCES USED 32,400 507 569 523 5,740 507 18 325 60 316 60 258 135 331 735 40,672 41,705 3b Governance Costs Other Independent Examinerfs Expenses 13 100 13 100 113 113 TOTAL RESOURCES USED 40,785 41,818
TRINITY MINISTRIES BRADFORD NOTES TO THE FINANCIAL STATEMENTS For the year ended 30st September 2024 4 TRUSTEE AND EMPLOYEE INFORMATION Trustee Information Mr Adrian Watts, a trustee, is employeed as a full-time pastor under the authority to pay a truslee which is contained in the articles of association. During the year he was paid £15.600 (2023 £16.200) Employee Information No employees received emoluments in excess of £60.000 during the year (2023 - Nil) 2024 2023 Number of employees Salaries National Insurance 31,210 32,400 31.210 32,400 Both employees, Mr. Swinney and Mr. Watts declined lo accept their full salary for the year and have waived their right to any further claim on this amount. 5 FIXED ASSETS PA,AV & Computer Equipment Musical Instruments Church Bibles TOTAL Actual Cost As at 1 st October 2023 Additions 3.547 1.600 730 5,877 As at 30st September 2024 3,547 1,600 730 5,877 Accumulated Depreciation As at 1 st October 2023 Charge for the year As at 30th September 2024 Net Value As at 30th September 2024 3.547 1.600 511 73 5,658 73 3.547 1,600 584 5,731 146 146 As at 30th September 2023 219 219 6 DEBTORS 2024 2023 Income Tax Recoverable Other Debtors and Prepayments 1,736 417 5,909 509 2153 6418 io
TRINITY MINISTRIES BRADFORD NOTES TO THE FINANCIAL STATEMENTS For the year ended 30st September 2024 8 LIABILITIES 2024 2023 Falling due within one year Income Tax and other associated costs Other Creditors 100 453 100 453 Falling due after one year 8 TAXATION As a Charity, Trinity Ministries Bradford is exempt from tax on income and gains falling with section 505 of the Taxes Act 1988 or section 256 of the Taxalion on Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity. 9 FUND DETAILS The general fund is held for the use of the trustees for the promotion of the objects of the Charity. 10 RELATED PARTIES The Charity does not have any related parties 11 CONTROLLING PARTIES The Charity is controlled by the trustees li