## SUNNYHILL CHURCH
ANNUAL REPORT AND ACCOUNTS YEAR END 31 MARCH 2024
Charitable Incorporated Organisation Charity Number: 1161294
## Statutory Information:
Charitable Incorporated Organisation Registration Number: 1161294 (Constitution last amended: 17/11/17)
Registered Address: Sunnyhill Church Wareham Road Corfe Mullen BH21 3LE
Finance Office: Sunnyhill Church, 117 Aspen Gardens, Poole, BH12 4DQ
Trustees: Dominic Bird Daniel Jackson (Chair) Matthew Mellor (Secretary & Treasurer) Simon Lincoln (appointed 25/04/23)
Senior Leadership Team (Spiritual Leaders): Dominic & Louise Bird Adam & Catherine (‘Fru’) Bird Colin & Joanna Mengell Kevin Sissons (appointed 05/01/25)
## Staff
Adam Bird – Ferndown Campus Pastor Dominic Bird – Lead Pastor Louise Bird – Co-Lead Pastor/Ministry Director Jo Jackson – Operations Manager (appointed 01/05/23) Emmy Fennell – Youth Worker (appointed 05/09/23) Sophie Parker – Kids Worker (appointed 09/04/24)
## Bankers:
CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4TA Lloyds Bank plc., 25 Gresham Street, London EC2V 7HN The Charity Bank Ltd, Fosse House, 182 High Street, Tonbridge, TN9 1BE
## Solicitors:
Emma Moody, Womble Bond Dickinson, St Ann’s Wharf, 112 Quayside. Newcastle upon Tyne, NE1 3DX
## Independent Examiner:
John Caladine FCCA CTA FCIE, Caladine Limited, Chantry House, 22 Upperton Road, Eastbourne, East Sussex, ME19 4TA
- 1 -
## Trustees Annual Report
## Our Purpose:
We are Sunnyhill.
Sunnyhill is a multisite church with campuses currently in Poole, Ferndown and Corfe Mullen.
We are a vibrant, contemporary, multisite church that is faith-filled, life-fuelled, fun loving and passionate about Jesus. Church to us isn’t about stuffy religious practices, but it’s about people expressing life and faith in Jesus.
Our purpose is simple; we are here ‘For The One’. We focus our lives on loving and bringing honour to Jesus (‘The One’) and the best way we can do this, is by loving and making Him known to anybody (‘the one’) who hasn’t experienced Him yet. We believe that in doing these things we’re living out Jesus’ New Commandment (see John 13:34). We do this both within the Dorset region and beyond.
## Our Values:
> Generosity: We are so inspired by the goodness of God that the only fitting response to all He has done is to live generously. We know the world of the generous gets bigger and bigger so therefore we live generously by being faithful in our giving, selfless in our serving and cheerful in our attitude.
> Innovation: The first thing we learn about God in the Bible is that He is a creator. The first thing we learn about us in the Bible is that we’re made in His image. We think innovation and creativity reflect the heart of God and as a result believe that church should be the most innovative place on earth. Therefore, we celebrate innovation by being creative, fearless and fresh in the expression of our faith.
> Growth: We think growth matters. We are not content to maintain church, we want to grow and flourish deep and wide both spiritually and numerically. Every one matters, so we champion growth by creating healthy community that is both missional at it’s heart and invitational in its ethos.
> Excellence: For us, excellence is not about perfection but it’s about doing the best with what we have. We want to do our best, be our best, live our best because we believe God is worth it and because we believe people who don’t know God yet are worth it. We pursue excellence by cultivating a ‘can-do’ attitude, nurturing a pure heart and living to inspire others to do the same.
> Next Generation: We believe the Next Generation are key to the plans and purposes of God, they don’t have to wait. We want to raise them, equip them and release them to be all that God has called them to be. That said, Next Gen for us isn’t all about kids and youth, it’s about being generation oriented and passionate about the next thing God is doing. We build for the Next Gen by being young at heart, vibrant and brave.
- 2 -
## Lead Pastor’s Overview
For the financial year to 31 March 2024 Sunnyhill Church have seen growth in our congregation and have entered 2024 with the desire to grow in all areas.
We continue to search for a permanent physical home for the church in the form of a building for our Poole Campus. The search is on going, for the right building, in the right location, at the right price in order to outwork our missional aims. Following the closure of “Lounge One” coffee shop, run by our trading entity “Community Rhythms CIC in December 2022, this year saw that space sub-let until the end of our current lease in January 2025, in order to mitigate the financial impact of the closure.
Throughout this year we have continued to invest in our Small groups, and our ‘Take 5’ daily bible reading devotional. We have provided opportunities for growth through our Alpha Course (new believers) and a wide variety of ministry events.
In May 2023, we hosted a ‘Dreambuilders Celebration’, for those in our congregation who are commited to Serve, Sow and Pray into the life of our church. The evening gave us the opportunity to celebrate our volunteers, who pour into Sunnyhill, feedback to our congregation and also inspire them for the year to come.
Following the successful introduction of a Summer Camp in 2022, it was agreed that this had been successful time for the congregation to grow together, strengthening relationships and embedding in the culture of the organization. It enabled people to feel well connected, better themselves and improved the whole community. In fact, the camp felt like confirmation that the 5 year plan for Summer Camps was right for our congregation. In August 2023, we worked alongside Hants and Dorset Christian Camps (H&DCC) once again to bring our congregation Summer Camp 2023.
With the growth of the church community and its recovery from COVID-19 we saw the desire of our congregation to reach beyond our own community, and saw an opportunity to host an outreach event. At the event we hosted Mark Ritchie, a comedian and evangelist, the event with an audience of over 300, saw 38 people give their lives to Jesus. Throughout 2023/24 we baptized 20 people at our Summer Beach Baptisms and our Winter Baptism services.
During this year we were pleased to grow our Trustees and Staff . We were excited to announce the appointment of Simon Lincoln to our trustee board in April 2023, bringing additional strength to our trustees. Then in May we welcome Joanne Jackson as our Operations Manager. This role was not the same as that of our previous Operations Pastor and this has been of great benefit to the organization. In 2023, we said goodbye to a great Volunteer Kids Leader and on review we decided that we wanted to invest in our next generation, and that this role would not be one person to head up our Kids and Youth Work, but instead two roles, ensuring that each had a heart for their individual ministries. In September 2023, we welcomed Emmy Fennell to the team as our Youth Oversight and were interviewing for the Kids Worker at the end of March 2024, who has at the time of writing has been successfully appointed.
Dom & Loo Bird Lead Pastors
- 3 -
## Charitable Objects:
The objects of Sunnyhill Church, for the public benefit, are to advance the Christian faith in accordance with the Statement of Beliefs, in Poole, Dorset and in such other parts of the United Kingdom or the world as the charity trustees may from time to time think fit.
## Organisational Structure, Governance and Management:
Sunnyhill Church is a Charitable Incorporated Organisation (CIO), governed by a constitution and lead by a team of Trustees. As per the constitution the “Spiritual Leaders” (Senior Leadership Team) are responsible between them and recognised by the Church Fellowship as responsible for the spiritual leadership of the Church Fellowship. The day-to-day running of the organisation is handled by the Staff Team. The charity is therefore led by the Trustees and Senior Leadership Team. The officials (Chair and Secretary/Treasurer) are currently also involved in the day-today management of the charity. Remuneration for staff, including members of key management, is set by a Subgroup of non-salaried Trustees called the “Salary Review Board” (SRB).
Trustees are appointed by the Trustees, according to the rules set out in the constitution. New trustees are invited to attend a trustee meeting in an observatory capacity, and given information about Sunnyhill, including its policies and procedures, and the Charity Commission guide 'the essential trustee'.
## Financial Review:
At the end of the financial year the charity reports a healthy financial position, evidenced by income exceeding budget and expenditure falling below budgeted expectation.
The majority of the charity's income comes though the voluntary giving of those attending the church, all income for the year was £304,135 (22/23: £270,930). All expenditure relates to the furtherance of the charities aims £299,574 (22/23 £245,600).
The charity seeks to hold in reserve three month’s full expenditure (£75,000). At the close of the current financial year the reserves policy was met. Although not all funds were held as unrestricted general cash balances, the charity holds significant designated funds as cash balances that could be used to meet any short term cash reserve requirements. At the year end, total reserves were £1,130,317, of which £95,743 were restricted and a further £948,303 was designated.
## Risks and policies:
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks. This includes the current policies which are reviewed and updated regularly, including: Finance Operating Procedures, Volunteer Policy, Hardship/Grants Policy, Complaints Procedure, Paying Staff /Recruitment, Investment Policy and the Risk Assessment Policy. The grants policy includes the desire to give 10% of voluntary income away as an organisation tithe. The charity does not hold complex investments or financial instruments and social investments are made as the fund allows depending upon the fit with charity's aims. Sunnyhill is heavily reliant upon volunteers in all of its activities to an unquantifiable extent, for which the trustees and senior leaders are grateful.
- 4 -
## Public Benefit Statement:
The Trustees are aware of the Charities Commission's guidance on public benefit in "The Advancement of Religion for the Public Benefit" and has regard to it in the administration of the Church.
The Trustees believe that, the Church provides benefit to the public by:
• providing resources and facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for the congregation and for anyone else who wishes to benefit from what the Church offers; and
- promoting Christian values and service by partners of the church to the community, for the benefit of individuals and society as a whole.
## Trustees' Responsibilities
The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:
1. select suitable accounting policies and apply them consistently;
2. observe the methods and principles in the Charities SORP;
3. make judgements and estimates that are reasonable and prudent;
4. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
5. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## Approval
The annual report and accounts were approved by the trustees on 30 January 2024, and is signed below on their behalf:
Matt Mellor (Secretary/Treasurer)
Danny Jackson (Chair)
- 5 -
SUNNYHILL CHURCH
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SUNNYHILL CHURCH
I report to the Trustees on my examination of the financial statements of Sunnyhill Church (the Charrty) for the year
ended 31 March 2024.
Responslbllllles and basls of report
As the Trustees of the Charity you are spOnSible for the preparation of the financial ststements in accordance with
the requirements of the Charibes Act 2011 (the 2011 Act).
I report in respect of my examination of the Charity's fjnancial statements carried out under seclion 145 of the 2011
Act. In carying out my examination I have fdlowed all the applicable Directions given by the Charity Commission
under section 145{5)(b) of the 2011 Act.
Independent examIneS statement
Since the Charty's gross income exceeded £250.000 your examiner must be a rnernber of a body listed in section
145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of ACCA,
which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared financial statements in accordance ryth Accounting
and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS 102) in preference to the Accounting and Reporting by Charities: Statement
of Recommended Practice issued on 1 April 2005 Twhich is referred to in the extant regulations but has now been
withdrawn.
l understand that this has been done in order for financial statements to provide a true and fair view in accordance
with Generalty Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confimi that no matters have come to my attention in connection with the
examinalion giving me cause to believe that in any material respect:
accounting records were not kept in spect of the Chanty as required by section 130 of the 2011 ACL or
the financial ststements do not accord with those records.. or
the financial statements do not comply with the applicable requirements COnming the form and content of
accounts set out in the Charilies (Accounts and Reports) Regulations 2OJ8 other Ihan any requirement that the
accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concems and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the financial ststements to be reached.
John Caladine FCCA CTA FCIE
Caladine Limited
Chanty House
22 Upperton Road
Eastbourne
East Sussex
BN21 1BF
## **SUNNYHILL CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
260,707
10,982
Charitable activities
**4**
7,403
61
Investments
**5**
24,279
-
Other income
**6**
703
-
**Total income**
293,092
11,043
**Expenditure on:**
Charitable activities
**7**
285,277
14,297
**Total expenditure**
285,277
14,297
**Net income/(expenditure)**
7,815
(3,254)
Transfers between
funds
**21**
-
-
**Net movement in**
**funds**
**10**
7,815
(3,254)
**Reconciliation of funds:**
Fund balances at 1 April 2023
1,026,759
98,997
**Fund balances at 31 March**
**2024**
1,034,574
95,743|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
271,689
239,008
18,150
7,464
4,767
456
24,279
8,549
-
703
-
-
304,135
252,324
18,606
299,574
234,127
11,473
299,574
234,127
11,473
4,561
18,197
7,133
-
1,560
(1,560)
4,561
19,757
5,573
1,125,756
1,007,002
93,424
1,130,317
1,026,759
98,997|**Total**
**2023**
**£**
257,158
5,223
8,549
-|
|---|---|---|
|||270,930|
|||245,600|
|||245,600|
|||25,330
-|
|||25,330
1,100,426|
|||1,125,756|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 7 -
## **SUNNYHILL CHURCH**
## **STATEMENT OF FINANCIAL POSITION**
## _**AS AT 31 MARCH 2024**_
|**Notes**
**Fixed assets**
Property, plant and equipment
**14**
Investments
**15**
**Current assets**
Inventories
**16**
Trade and other receivables
**17**
Cash at bank and in hand
**Current liabilities**
**18**
**Net current assets**
**Total assets less current liabilities**
**The funds of the Charity**
Restricted income funds
**21**
Unrestricted funds
**22**|**2024**
**£**
**£**
20,178
20,000
40,178
2,065
31,480
1,073,369
1,106,914
(16,775)
1,090,139
1,130,317
95,743
1,034,574
1,130,317|**2023**
**£**
**£**
10,102
50,690
60,792
3,775
20,205
1,066,408
1,090,388
(25,424)
1,064,964
1,125,756
98,997
1,026,759
1,125,756|**2023**
**£**
**£**
10,102
50,690
60,792
3,775
20,205
1,066,408
1,090,388
(25,424)
1,064,964
1,125,756
98,997
1,026,759
1,125,756|
|---|---|---|---|
||||60,792
1,064,964|
||||1,125,756|
||||98,997
1,026,759|
||||1,125,756|
_30/01/2025_ The financial statements were approved by the Trustees on .........................
.............................. Mr D Jackson (Chair) **Trustee**
- 8 -
## **SUNNYHILL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **1 Accounting policies**
## **Charity information**
Sunnyhill Church is a Charitable Incorporated Organisation registered with the Charity Commission in England and Wales. The Charity's registered number is 1161294 and was first registered on 15 April 2015. The principal address of the Charity is as shown on the Legal and Administrative information page.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the Charity's constitution, 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 applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Income**
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 9 -
## **SUNNYHILL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **1 Accounting policies (Continued)**
## **1.5 Expenditure**
Liabilities are recognised when a constructive obligation exists, the payment is probable and the obligation can be measured or estimated reliably.
Resources expended are allocated to the particular cost centre to which they relate and include irrecoverable VAT.
## **1.6 Property, plant and equipment**
Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:
Fixtures, fittings and Equipment Over 5 years
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Non-current investments**
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.
A subsidiary is an entity controlled by the Charity. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
## **1.8 Impairment of non-current assets**
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.9 Inventories**
Stocks of goods are stated at the lower of cost or net realisable value.
## **1.10 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.11 Financial instruments**
The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
- 10 -
## **SUNNYHILL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **1 Accounting policies (Continued)**
## _**Basic financial assets**_
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.
## **1.12 Taxation**
The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.
## **1.13 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.14 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
- 11 -
## **SUNNYHILL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **3 Income from donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
Donations and gifts
248,707
10,982
Grants
12,000
-
260,707
10,982
**Income from charitable activities**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**Church activities**
Event income
7,403
61|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
259,689
227,008
18,150
12,000
12,000
-
271,689
239,008
18,150
**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
7,464
4,767
456|**Total**
**2023**
**£**
245,158
12,000|
|---|---|---|
|||257,158|
|||**Total**
**2023**
**£**
5,223|
- **4 Income from charitable activities**
- **5 Income from investments**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2024**|**2023**|
||**£**|**£**|
|Interest receivable|24,279|8,549|
|**Other income**|||
||**Unrestricted**|**Unrestricted**|
||**funds**|**funds**|
||**2024**|**2023**|
||**£**|**£**|
|Other income|703|-|
- **6 Other income**
- 12 -
## **SUNNYHILL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **7 Expenditure on charitable activities**
|**Church**
**activities**
**2024**
**£**
**Direct costs**
Staff costs
130,572
Depreciation and impairment
41,401
Staff costs & expenses
3,939
Apostolic Church Levy
6,528
Church Activities
18,245
World Mission
4,710
Evangelism
7,723
Football
3,257
Premises Hire
30,963
Building Costs
18
Equipment & Software
12,095
Maintenance & Utilities
389
Cleaning
135
Summer Camp
13,378
273,353
Grant funding of activities (see note 8)
10,161
**Share of support and governance costs (see note 9)**
Support
6,542
Governance
9,518
299,574
**Analysis by fund**
Unrestricted funds
285,277
Restricted funds
14,297
299,574|Church
activities
2023
**£**
115,079
7,662
1,817
6,717
13,704
3,099
3,456
2,118
41,803
18
11,434
349
381
8,149
215,786
19,902
3,653
6,259
245,600
234,127
11,473
245,600|
|---|---|
- 13 -
## **SUNNYHILL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **8 Grants payable**
|**9**|**Church**
**activities**
Church
activities
**2024**
2023
**£**
£
Grants to institutions:
Grants Overseas
-
650
Grants UK
690
1,040
690
1,690
Grants to individuals
9,471
18,212
10,161
19,902
**Support costs allocated to activities**
**2024**
**2023**
**£**
**£**
Advertising and communication
2,256
656
Administration and other costs
1,863
880
Insurance
2,423
2,117
Governance costs
9,518
6,259
16,060
9,912
Analysed between:
Church activities
16,060
9,912
**2024**
**2023**
**Governance costs comprise:**
**£**
**£**
Independent examination
3,236
3,100
Other governence costs
6,282
3,159
9,518
6,259|
|---|---|
Independent Examination fees listed above includes payments to the Independent Examiner of £1,416 (2023: £1,300) for Independent Examination work and £1,820 (2023: £1,800) for other services.
- 14 -
## **SUNNYHILL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
|**10**|**Net movement in funds**|**2024**|**2023**|
|---|---|---|---|
|||**£**|**£**|
||The net movement in funds is stated after charging/(crediting):|||
||Depreciation of owned property, plant and equipment|10,711|7,662|
||Impairment of social investments|30,690|-|
## **11 Trustees**
Donations made by the Trustees to the Charity during the year were £18,035 (2023: £25,501).
At the year end there was a loan to the subsidiary company outstanding. The amount receivable at the year end was £20,000 (2023: £50,690), following an impairment review.
## **12 Employees**
The average monthly number of employees during the year was:
|**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2024**
**Number**
5
**2024**
**£**
116,911
5,513
8,148
130,572|**2023**
**Number**
5|
|---|---|---|
|||**2023**
**£**
107,820
5,100
2,159|
|||115,079|
||||
|The Church is indebted to the many volunteers who serve in various categories.|||
|There were no employees whose annual remuneration was more than £60,000.
**Remuneration of key management personnel**
The remuneration of key management personnel was as follows:
Aggregate compensation|**2024**
**£**
99,776|**2023**
**£**
79,497|
**13 Taxation**
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
- 15 -
## **SUNNYHILL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
|**14**|**Property, plant and equipment**||||
|---|---|---|---|---|
|||||**Fixtures,**|
|||||**fittings and**|
|||||**Equipment**|
|||||**£**|
||**Cost**||||
||At 1 April 2023|||72,882|
||Additions|||22,594|
||Disposals|||(3,640)|
||At 31 March 2024|||91,836|
||**Depreciation and impairment**||||
||At 1 April 2023|||62,780|
||Depreciation charged in the year|||10,711|
||Eliminated in respect of disposals|||(1,833)|
||At 31 March 2024|||71,658|
||**Carrying amount**||||
||At 31 March 2024|||20,178|
||At 31 March 2023|||10,102|
|**15**|**Fixed asset investments**||||
|||||**Other**|
|||||**investments**|
|||||**£**|
||**Cost or valuation**||||
||At 1 April 2023 & 31 March 2024|||50,690|
||**Impairment**||||
||At 1 April 2023|||-|
||Impairment losses|||30,690|
||At 31 March 2024|||30,690|
||**Carrying amount**||||
||At 31 March 2024|||20,000|
||At 31 March 2023|||50,690|
||||**2024**|**2023**|
||Other investments comprise:|**Notes**|**£**|**£**|
||Investments in subsidiaries|**25**|20,000|50,690|
- 16 -
## **SUNNYHILL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **15 Fixed asset investments (Continued)**
Fixed asset investments comprise a concessionary loan made to the charity's subsidiary, Community Rhythms (a Community Interest Company). The loan was interest free and unsecured.
Due to the difficult circumstances that arose as a result of Covid-19, the trustees feel recovering any portion of the loan from, Community Rhythms CIC is unlikely. Likely courses of action are being considered and it is possible that the Church will agree to write the balance of the loan off; which would probably take place in the next financial period.
## **16 Inventories**
|**16**
**Inventories**|||
|---|---|---|
|Stock
**17**
**Trade and other receivables**
**Amounts falling due within one year:**
Other receivables
Prepayments and accrued income
**Amounts falling due after more than one year:**
Other receivables
**Total debtors**
**18**
**Current liabilities**
**Notes**
Other taxation and social security
Deferred income
**19**
Trade payables
Accruals|**2024**
**£**
2,065
**2024**
**£**
22,378
8,269
30,647
**2024**
**£**
833
31,480
**2024**
**£**
2,845
2,693
5,713
5,524
16,775|**2023**
**£**
3,775|
|||**2023**
**£**
10,765
5,273|
|||16,038|
|||**2023**
**£**
4,167|
|||20,205|
|||**2023**
**£**
1,893
3,275
16,911
3,345|
|||25,424|
- 17 -
## **SUNNYHILL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
|**19**
**Deferred income**
Other deferred income
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 April 2023
Released from previous periods
Resources deferred in the year
Deferred income at 31 March 2024
**20**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**2024**
**£**
2,693|**2023**
**£**
3,275|
|---|---|---|
||||
||||
||**2024**
**£**
2,693
3,275
(3,350)
2,768
2,693
**2024**
**£**
8,148|**2023**
**£**
3,275|
|||-
-
3,275|
|||3,275|
|||**2023**
**£**
2,159|
The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Charity in an independently administered fund.
## **21 Restricted funds**
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
|**At**
Future Fund
Evangelism Fund
Miscellaneous Restricted Fund
Research Trip Fund
World Mission Fund|**1 April**
**2023**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**At 31 March**
**2024**
**£**
**£**
**£**
**£**
**£**
72,579
-
-
-
72,579
3,895
-
(2,357)
-
1,538
1,940
1,100
(2,210)
-
830
5,642
-
-
-
5,642
14,941
9,943
(9,730)
-
15,154
98,997
11,043
(14,297)
-
95,743|**1 April**
**2023**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**At 31 March**
**2024**
**£**
**£**
**£**
**£**
**£**
72,579
-
-
-
72,579
3,895
-
(2,357)
-
1,538
1,940
1,100
(2,210)
-
830
5,642
-
-
-
5,642
14,941
9,943
(9,730)
-
15,154
98,997
11,043
(14,297)
-
95,743|
|---|---|---|
|||95,743|
- 18 -
## **SUNNYHILL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **21 Restricted funds (Continued)**
|**Previous year:**
Future Fund
Evangelism Fund
Miscellaneous Restricted Fund
Research Trip Fund
World Mission Fund|**At 1 April**
**2022**
**Incoming**
**resources**
**Resources**
**expended**
**£**
**£**
**£**
72,579
-
-
3,895
-
-
2,317
7,184
(5,712)
5,642
-
-
8,991
11,422
(5,761)
93,424
18,606
11,473|**Transfers**
**At 31 March**
**2023**
**£**
**£**
-
72,579
-
3,895
(1,849)
1,940
-
5,642
289
14,941
(1,560)
98,997|
|---|---|---|
Future Fund: This fund is for future expenditure on the purchase of new premises for Sunnyhill Church meetings.
Evangelism Fund: This fund was created when we were part of the Apostolic Church by a restricted donation for Evangelism. When we became our own Charity, this fund was transferred over from the Apostolic Church.
Miscellaneous Restricted Funds: This fund handles transient restricted funds.
Research Trip Fund: The fund was created at the end of 2016/17 financial year with a restricted donation for a learning trip to investigate how American Churches (especially c3 San Diego) manage multi service, Church growth, intern program etc. Any funds remaining should be used for the football team ministry.
World Mission Fund: This holds some restricted donations given specially for World Mission (outside UK), we also use this fund for the processing of disaster appeals,
## **22 Unrestricted funds**
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
|Building Fund
Football Fund
Contingency Fund
General funds|**At 1 April**
**2023**
**Incoming**
**resources**
**Resources**
**expended**
**£**
**£**
**£**
887,980
-
-
263
3,429
(3,369)
60,000
-
-
78,516
289,663
(281,908)
1,026,759
293,092
(285,277)|**Transfers**
**At 31 March**
**2024**
**£**
**£**
-
887,980
-
323
-
60,000
-
86,271
-
1,034,574|
|---|---|---|
- 19 -
## **SUNNYHILL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **22 Unrestricted funds (Continued)**
|**Previous year:**
Building Fund
Evangelism Fund
Football Fund
Contingency Fund
General funds|**At 1 April**
**2022**
**Incoming**
**resources**
**Resources**
**expended**
**£**
**£**
**£**
887,980
-
-
965
-
-
658
1,611
(2,153)
60,000
-
-
57,399
250,713
(231,974)
1,007,002
252,324
234,127|**Transfers**
**At 31 March**
**2023**
**£**
**£**
-
887,980
(965)
-
147
263
-
60,000
2,378
78,516
1,560
1,026,759|**Transfers**
**At 31 March**
**2023**
**£**
**£**
-
887,980
(965)
-
147
263
-
60,000
2,378
78,516
1,560
1,026,759|
|---|---|---|---|
||||1,026,759|
Building Fund: The fund was created at the end of 2016/17 to kick start a capital project to acquire a permanent site for Sunnyhill. It includes the gain on the property sold in 2018/19 to generate funds for a future property purchase.
Evangelism Fund: Money set aside for future expenditure on evangelistic opportunities.
Football Fund: This is used for the day-to-day operations of the Church football ministry.
Contingency Fund: This is the amount set aside with respect to our current reserves policy, as outlined in the Trustees report.
## **23 Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**At 31 March 2024:**
Property, plant and equipment
20,178
-
Investments
20,000
-
Current assets/(liabilities)
994,396
95,743
1,034,574
95,743|**Total**
**2024**
**£**
20,178
20,000
1,090,139|
|---|---|
||1,130,317|
- 20 -
## **SUNNYHILL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **23 Analysis of net assets between funds (Continued)**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2023**
**£**
**£**
**At 31 March 2023:**
Property, plant and equipment
10,102
-
Investments
50,690
-
Current assets/(liabilities)
965,967
98,997
1,026,759
98,997|**Total**
**2023**
**£**
10,102
50,690
1,064,964|
|---|---|
||1,125,756|
## **24 Related party transactions**
The Trustees note contains details of disclosable related party transactions.
## **25 Subsidiaries**
On the 1st April 2018 Sunnyhill Church acquired a trading subsidiary, being Community Rhythms, a community interest company (CIC), company number 08769741. Sunnyhill Church owns the two shares in the CIC, paying a £nil consideration for the acquisition. As outlined elsewhere in these accounts, the CIC is no longer carrying out its primary activities and will be wound up in due course. The results for the year ended 31 March 2024 are set out below:
|**Name of undertaking**|**Registered**|**Nature of business**|**Class of**|**% Held**|
|---|---|---|---|---|
||**office**||**shares held**|**Direct Indirect**|
|Community Rhythms CIC|England|Retail|Ordinary|100.00|
The aggregate capital and reserves and the result for the year of subsidiaries excluded from consolidation was as follows:
|**Name of undertaking**|**Profit/(Loss)**|**Capital and**|
|---|---|---|
|||**Reserves**|
||**£**|**£**|
|Community Rhythms CIC|25,062|(5,250)|
In accordance with FRS102 SORP Appendix 3 A.11 the subsidiary financial result has not been consolidated into Sunnyhill accounts as the combined income is below the consideration threshold of £1,000,000.
- 21 -