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 L￿dertake. 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 fi￿her 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, Inco￿orated 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