STOCKPORT FAMILY CHURCH Charlty Reglstratlon No: 1161763 TRUSTEES REPORT & ACCOUNTS YEAR ENDED 31ST MARCH 2024 INDEPENDENTLY EXAMINED BY:. Karen Maclntyre, MAAT Orchards Buslness Support Ltd 95 Nangreave Rd, 5totkport, Cheshlre SK2 6DQ
STOCKPORT FAMILY CHURCH Page 3 Legal and Administrative Information Page 4 Independent Examiner's Report to the Trustees Page5to9 Trustees Report Page 10 statement of Financial Activitie5 Page 11 Balance Sheet Pages 12 to 18 Notes to the Flnancial Statements
STOCKPORT FAMILY CHURCH LEGAL AND ADMINISTATIVE INFORMATION CHARITY NUMBER 1161763 START OF FINANCIAL YEAR l Aprll 2023 END OF FINANCIAL YEAR 31 March 2024 TRUSTEE5 Paul Leake Ichairmanl Patricia Maureen Elder ITrèasurer till 16April 20241 Titi Sodipo reslgned 22 October 2023 Steve Leebetter Hannah Ruth Anthony (from 16April 20231 Rita Kaydea Ifrom 16 April 20231 Tim Conry (from 16 April 2024 and Treasurer from that date) LEGAL STATUS Charitable Incorporated Or6anlsatlon GOVERNING INSTRUMENT Constitutbon dated 25, March 2015 OBJECTS al To advance the Christian rellglon. to proclaSm and further the 805pel of God and of His Son the Lord Jesus Christ and to preach and teach the Christian faith. bl To PfovSde a5SlStan¢e foraged personsand persons in need, hardship or dlslressarisin8 therefrcm whether in connection with housin8, accommodat5on or shelter or any other purpose. cl To advance education, wheiherof children (above and below compulsory School age) or of ad$. CORRESPONDENCE ADDRESS Stockport Famlly Church Kin8sburn Hall 814 Burnage Lane Manchester M19 IRS PRIMARY BANKERS CAF Bank Ltd 25 Kings Hill Avenue West Malling Kent ME19 4JQ Karen Matintyre, MA4T Orchards Business Support Ltd INOEPENDENT EXAMINER 95 Nan8reave fld. Heavilev. Stockport. Cheshire SK2 6DQ
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF STOCKPORT FAMILY CHURCH FOR THE YEAR ENDED 31" MARCH 2024 I report to the trustees on rny examination of the accounts of Stod(port Family Church forthe year ended 31 March 2024. Responslb51ities and basis of report As the charity trustees of the Trust YOU afe responsible for the preparation of the accounts In accordance with the requirements of the Charities Act 20111'the Act'l. I report In respert of my examination of the Tru5t'5 account5 carried out under section 145 of the 2011 A¢t and in carrylng out my examination I have followed 311 the applicable Directions glven by the Charity Commission under settion 14Sl5llbl of the Act. Independent examlnevs Statement I havè completed my examination. I confirm that no materlal matters have come to my attentton in connection with the examination giving me cause to believe that in any material respert.. l. accouritin8 records were not kept in respert of the Trust a5 required by sectlon 130 of the Att,. or 2. the accounts do not accord with those records.. OT 3. the accounts do not cOMpWIth the applicable requlrements concernln8the form and content of accounts set out In the Charitie5 IA¢¢ounts and Reports1 Regulation$ 20)8 other than any requirement thatthe accounts give 3 'tfue and fair, vlew which is not a matter considered as part of an independent examinatlon. I have no concerns 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 under5tandlng of the account5 to be reached. LC, Karen Maclntyre. MAAT Orchards Buslness Support Ltd 95 Nangreave Rd, Heaviley, Stockport, Cheshire SK2 6DQ Date:
STOCKPORT FAMILY CHURCH TRUSTEES REPORT ST FOR THE YEAR ENDED 31 MARCH 2024 Thi5 report is prepared by the Trustees of the Stotkport Fami Church CIO, chari 1161763 for the financial year April 1st 2023 to March 3tst 2024. number Trust Oblectlves The Trust was orl8inally created by a Declaration of Trust dated Ott 6th 1998. In 2015 it changed it5 structure to a Charitable Incorporated Organisation ICIOI, the assets were officially transferred to the new CIO in 2016 and the old. unincorporated charity Ino. 10739891 became dormant and was subsequently closed in February 2018. Its main objectwes are to advance the Christian faith. to provide asslstance for aged persons and those in conditions ol need, hardship or distress and to advance education of children and adults in the Christian faith. The Trust achieves these objectives by operating an evangelical Christian church in Stockport, organisin8 trainin8 events and by fundinga variety of projects and activities, both in the UK and abroad. The Trustee5 oversee a leadership team that meets on a Month basi5 and dirertS the artlvities of the Trust. The Trust is affiliated to Christcentral Churches, part of the "Newfrontiers" family of churches15ee b¢lowl and is a member of the Evan8ellcal Alliance. Changes to Trustees Rita Kaydea and Hannah Ruth Anthony were appolnted on 16 April 2023 and TIM Conry lolned the trustee team 16 April 2024. Tito Sodipo reslgned 22 October 2023. R•vl¢w of A¢tlvltles Stotkport Family Church continues to operate as an Indèpèndent tharity. On Aprll 1" 2016, the Trust formallychan8edto a Charitable Incorporated Or8anSsatlon ICIOI, charitv no. 1161763. The accounts were transferred with CAF Bankto the new charity at that time also. The old charity has now been dlssolved. Flnanc5al over¥lew The overall income of the Trust in¢reased to £52.453 at 31 March 2024 from previous year, £44,918. The majority of this income tompri5es donations from members of the church with a550ciated Gift Aid tax refunds. Totalexpen¢Jlture at£49,587 was hlgherthan the prevlotjs year, £45,838. There wa5 a net surplus of £2.866 for the year whKh increased the reseNes to £96,490. Church activitie5 in Stockport include Sunday mornin8 meetings 10.'30 am at Disability Stockport including provision for crèche and chlldren's activities up to a8e 11. a variety of mid-week'llfe 8roups" prayer meetings and outreach event5, as well as specific children's and young people'5 activities, and a parenting course. The church also organises events specifically for men and women during the year. Gary Blackwell and Martin Elder continued as unpaid elders within Christ Central Churches and the wider Newfrontiers network.
STOCKPORT FAMILY CHURCH TRUSTEES REPORT continued ST FOR THE YEAR ENDED 31 MARCH 2024 Meryl Le*better continued in her pald role as part time church adminlstratOT. Mark Wakefleld continued as a paid youth worker. The trustees agreed the following events to be intluded in the end of year report to the Charttv Commisslon.. lune/luly 6 session parènting course presented at Safespots Wythenshawe july severalof the leadership team attended the Devoted Leaders conference Sn Darllngton The SPACE building being used for multi church Youth meetings Foodbank continues to be held on Mondays and Thursdays The Support Fund was again required fof members of the congregatlon Regular café style Sunday meeting5 are held in the Disability Stockport buildin8. October- 6 session parenting course presentèd at 3EI) life church, Edgeley August- successful, well attendèd church away day at Hi8h Legh Christian retreat MW- sponsored to complete School of leadership course in Sheffield Multi church youth activity being led by MW at The Space building Au8USt- Youth attended one week Newdav vouth festlval In Norwlch with Silk Ufe Church, Macclesfleld Hannah Anthony- appointed new Safeguarding Lead October- TIM Conry began handoverto become new treasurer August- SFC supported multl church youth events in Alexandra Park Stockport Outreach by church members at the Slockport'Foodie Friday, events Carol Service held on 24 December at Otsabillty Stockport Children's Christmas party held at Disability Stockport Outreach at Stockport's 'Foodie Friday, continues Monthlv vouth event now at Oisabillty Stockport and has over 30 youth from dSfferent churches and some youth who do not attend church. Youth leader to attend local schools to promote this event Safeguarding Sunday service was held on 14 November Shoe box appeal was held to support the homeless Reverse Advent appeal was held in aid of the foodbank Foodbank collections were held at Tesco Stockport Ali Da Silva vISed from Brazil and gave an update on her work supported by the church. New Year winter walk attended by over 30 people Family Servlces again wèll attended. A week of prayer held in different home locations in January A rnen's gather meetln8 was commenced bi-monthly
STOCKPORT FAMILY CHURCH TRUSTEES REPORT continued FOR THE YEAR ENDED 31" MARCH 2024 Foodbank Throughout the year. Stockport Family Church has continued to operate one of the distribution centres lor Stockport Foodbank Iwww.stock ort.foodbank.or .ukl. reg. charity number 1156261. This operates twice per week at St Martin's Church, Crescent Park, Heaton Norris, who have very kind allowed them to store supplies and distribute them there. As well a5 providing a real lifeline for familie5 In serious financial drfficulties, this 8ive5 Stockport Family Church excellent opportunities to work with other chur¢hes in the area. Church connertlons Stockport Family Church works in association with Christcentral churehes Iwww.christcentralchurches.orgl, partof Newfronliers Internationalworkingtogetherin the UK and overseas. Partnershlp with the Chrlst Central team, led by Jeremy Slmpkins, provides extra support and focus for the Trust's objective5 beyond the local community. The church is also partnering with Renew Stockport, an Inter church initiative which Organised prayer meetings at different church buiklin85 around the town during 2023. Flnanclal controls Trustees exercise theSr responsibilitles throu8h regular meetings and a linancial revlew held at least twice a year Imid-year and at year endl. An annual budget is set by the leadership in consultation wlth the Trustees and inc¢mè and expenditure are reviewed re8ularly against the budget. Any bud8et variance is reported monthly to all of the Trustees. Internal controls are exercised on income through two slgnatories to the Sunday meeting cash collertlon. The majority of income from members of the Chu¥ch continue5 to be via re8ular bank transfers Into the Trust's accounts. Budgets for expenditLJre are a11o¢ated to"budget holder5" wlth responslbllFty for partlcular areas of the Trust's activities, All expenditure is authL)rised by the identified budget holder with a second authorisatlon needed for any expenditure over £IIX). Any expenditure above £S(NJ has to be specifically autharised byan e5der lothef than payment of monthly rental invoice5 from the school In which the church meton 5undaysl. Electron1¢ bank transactions and cheque5 have to be authorised by 2 approved signatories before a payment can proceed. Safe8uardlng Pollcy The church has a live chlldren's and young people's mlnlstryand the Tru5tee5 and leadership team take seriously their responsibility to safe8uard the welfare of all children and VOLtng people entrusted to their care.
STOCKPORT FAMILY CHURCH TRUSTEE5 REPORT continued FOR THE YEAR ENDED 31" MARCH 2024 Safe8uardlng Pollcy conid The Leadership recognises that there is the potential for children and young people with whorn the Trust works to have beèn the victims of neglect, physical, emotional and sexual abuse. Accordingly* the Leadèrs have adopted a policy that sets out agreed guidelines in the following areas.. re5pondlng to allegat1ons of abuse, includlng those made against members with speclt responsibility and also members of the church generallv appointing children's and young people'5 workers supervislon of actwities and practice issues helping vittims of abuse working with previous offenders who become church member5 In connection wrth items Idl and lel.. where appropriate the church Is able to draw on the in-house expertlse of church members who ore involved In the caring profession5. The Trust has a Chlld Prote¢rson Pollcy whlch the Trustees and leadershlp Implement. A Copy of thls policy is made available to all involved in working with and caring lorchildren and youngpeople. The policy is based on a model child protedion policy supplied by thlrtyone'.elBht thlrt oneei ht.or a project of PCCA Child Care. A copy of the policy has been filed with thirtyone'.eight, PO Box 133, Swanley, Kent. 8T87UQ. In accordanee with thi5 policy and current best pra¢¢i¢e, all adult5 Wlth responsibillties for chlldren's and yot4n8 people's activities under80 a voluntary check with the Dlsclosure and 8arrlng Service. No serlous incident5 relatln8 to Chlld Protection occuried durln8 the year April 1st 2023 to 31" March 2024. Vulnerable Adults Protertlon Poll¢y The Trustees continue to operate a Vulnerable Adults Protection Policyi similar to the Child Protection Policy mentioned above. ReseThes Poll¢v The Trust benefits from a rellable and re8ular income stream. Its overheads are managed careful. Day to day opeiation of the Trust doe5 not therefore rely on s18nificant cash reserves. The Trustees considerthat a cash reserve equivalent to about one month's overheads is sufficient. It therefore seek5 to avoid cash reserve5 reducing to below £10,0. In addition to this, a-tri88el' level of £IS,Cm was introduced. When the reserves fall below thls flgure. the Elders and Tnjstees are automatically warned so that steps can be taken to deal with the situation. The Trust has been able to maintain thls level of resetve during the financial year and will contlnue to do so by carefully monitoring income and expendlture. Appropriate levels of cash reserve will be revlewed as part of annLtal bud8etin8.
IRU5fEES REPORTron¥nued
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STOCKPORT FAMILY CHURCH STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31ST MARCH 2024 Notes Unrestr5ded Restrlcted TOTAL Funds Fund5 2023124 2022123 TOTAL INCOMING RESOURCES Incomin8 Resources from Generated Voluntary Income Investment Income 3a 47,084 51,392 44,731 3b 187 Intomlnz Resourtès from CharStsble Attlvltles Other Incomlni Resource5 TOTAL INCOMING RESOURCES 48.145 $1453 44,918 RESOURCES EXPENDED Charltable Actlvltles 43,704 5,058 48,762 45,013 Governance C05t5 4b 825 44529 825 49,587 825 45,838 TOTAL RESOURCES EXPENDED 5.058 NETINCOMINGIIOUTGOINGI RESOURCES 3,616 17501 19201 Total Funds Brought Forward Transfers 84,046 9,$78 93,624 I,cDJI TOTAL FUNDS CARRIED FORWARD 4gXI Movements on all reserve5 and all te¢o8n15ed galns and lo$se5 are shown above. All of the orlanisatlons operatlons are classed as continuing. The notes on pages 12 to 18 form part of these flnanclal staternents. io
srocKPOAT FAMILYCHUIIOI 8AiANCESHEEr Oebttys sh itknk hind UJB 95.152 I77 9J.237 85Sai 9.621 O ILrmi 11.4 G¢n¢r•l Fuhas O M062 •i,U4 T¢i•l Fw Apwo¥edbyth•TNstwem ID¥i•l'. sNd th•ir•hl*. li
STOCKPORT FAMILY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 I. ACCOUNTING POLICIES Basis of preparatlon The Financial statement5 are prepared underthe historical cost convention. In preparingthe financial statements the CIO follows best practices as laid down in the Statement of Recommended Practi Accountlng and Reporting by Charitles" ISORPI issued in 2015. Incomlnl Re50ur¢es Recognition of Incoming Resources These are included in the Statement of Financlal A¢tlvStles ISOFAI when: The charity becomes entitled to the resources,. The trustee5 are sufficiently certain they will receive the re50urces.' and The monetary value can be measured with sufficient reliability Incoming Resources with reloted expenditure Where Income resources have related expenditure las with fundralslng or contrart income) the incomin8 res¢ur¢e and related expenditure are reported gross in the SOFA. Grants and Donatlons Grants and Donations are onty included on the SOFAwhen the charity has unconditional entitlement to the resources Tax redalms on Donatlons and Glfts Incomln8 resour¢es from tax reclaims are in¢luded in the SOFAdurSn8 the same perSod as the 8ift to whlch they relate. Contractual In¢ome and Performance Related Grants This is only included in the SOFA once the related goods oi services have been delered Glfts In Klnd Gifts in kind are accounted foT at a reasonable estimate of thelr value to the charity or tPie amount artually realised. Gift5 in kind for sale or distribution are Included in the account5 a5 grfts only when 501d or distributed by the charity. Gift5 in kind for use by the charlty are included in the SOFA as Incoming resour¢es when receivable. Donated Servlces and Facilltles These are only included in incomin8 resources (with an equivalent amount in resources expended) where the benefit tothe charity is reasonably quantifiable, measurable and material. The value pla2d on these msources Is the estimated value to the charity of the seThlce or facility received. Volunteer Help The value of anyvoluntary helpreceived 15 notincluded in the accountsbutlsdescrlbed in the trustse annual report. 12
STOCKPORT FAMILY CHURCH NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024 I. ACCOUNTING POLICIE5 contlnued Empendlture and Ilabilities (contlnuedl Expendlture and Ilabllltles LiLrbility recognition Liabilities are recognised as soon as there is a legal or constructive obligation eommitting the charlty to pay out resources Governance Costs Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetin85 and cost of any le6al advice to trustees on governance or constitutional matters Golng concern The Trustees have reviewed the cash flow needs of the or8anisation for the next 12 months and on this basis the charity has sufficient resources to meet its foreseeable expenditure. The accounts have been prepared tsn a going concern basis, Support Costs Support costs include central functions and have been allocated io actlvity Cost cate8orSes on a basls consistent with the use of the resources. e.g. allocatin8 property costs by floor areas, or per capita, staff costs by the time Spent and other costs by thelr usage. Changes Sn AccountSng pollcles and prevSou5 accounts There has been nochan8e to the accounting policies (variation rules and methods of ac¢ountin815rKe last year, and no chan8¢5 to the prevlous accounts except to Identlfy 5nve5tment 5ncome. Assets Tanglble flxed a55ets for use by the char¥.. These are capitalised if they can be used for more than one year. and cost at least £5CU. They are valued at cost or, if 8ified, at the value to the charity on the receipt. I. TANGIBLE FIXED ASSETS The are no tangible fixed assets. The ant)ual wmmitments under non-cancelling operating leases and capital commitments are as follow5.. 31" March 2024.. None 131" March 2023 None) 13
STOCKPORT FAMILY CHURCH NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024 2. INCOMING RESOURCES Unrestrlcted Restricted Totsl Totsl Funds Funds 202312024 al Oonat5ons and legatles Gift aid and non Gift aid 37,704 3,445 41,149 34,424 donatlons Tax Re¢overable 10,234 10,307 Other 47,084 51,392 44,731 bl Investment Income Bank Interest 380 187 187 cl Incomln8 Resources from Charftable Artlvltle5 dl Other Inwmlng Resources 14
STOCKPORT FAMILY CHURCH NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024 4. RESOURCES EXPENDED Notes Unrestrlrted Funds Restdrted Funds TOTAL 2023124 TOTAL 2022123 al CharStable Artlvltles Christ Central Churches Regular Gbving Visiting Speakers Social Action The Poor Special Offerlngs Ministry Support Newday Church weekend away Staff salarie5, social secur5ty & pension5 Church Events Church Events- Venue Hlre Sunday Meetings- Venue Hire/caterSng Sundrbes Evan8ellsm and Church PlantlnB Children's and Youth Work Small Groups and Dlsclpleshlp Leadership trairiln8 Worshlp and PA Pastoral Operating Costs Ilncl. websltel Bank charBes 3,7(M) 916 916 1,667 1,052 3,683 1.052 3,683 1,447 2,970 9,550 1,447 323 323 516 23,181 23,181 12.949 Ic 115 6,594 258 6,594 258 136 167 538 1,071 1,071 1,696 490 72 3,451 1,6% 49 72 3,451 49 1,177 47 1,568 43,704 48,762 45,013 bl Governance Costs Accountancy and Independent Exam 825 82S 825 Is
STOCKPORT FAMILY CHURCH NOTES TO THE FINANCIAL STATEMENTS (continued} FOR THE YEAR ENDED 31ST MARCH 2024 5.RESTRICTED FUNDS Balance Glfts& Expendlture Transfers Balance l Apr 23 Offerln8s 31 Mar 24 Mlnlstry Support m and Rachel Heath Note I 313 14081 1951 Ali da SSlva nee Youn8 Note 2 396 2,876 12.8751 397 Benevolent fund Note 3 Other funds Special OffenIs Note 4 1,119 11,0521 67 Church life devoted 13231 13231 Bui1dlng Fund 9,182 9,182 9,578 5.058 The restrlcted fund5 arè wholly represented by cash reserves of the charltv. Notes to mlnlstry support: l TIM and Rachel Heath support from Stockport Family Church ended in 2023. 2. Ali da Silva nee Young 55 a missionary workin8 in Brazil. 3. 8enevolent fund Is set up to a551St church members in need 4. A spèclal offeTrng was taken thrgugh Christcentral Churches for the cris15 in Ukraine and lor their work in the UK and worldwide. 16
STOCKPORT FAMILY CHURCH NOTES TO THE FINANCIAL STATEMENTS (continued FOR THE YEAR ENDED 31ST MARCH 2024 6. CASH AT BANKAND IN HAND Unfestrlrted Restrlct•d Total 31-Mar- Total 31-Mar- 31.Mar•24 31-Mar-24 CAF Cash Current Account CAF Gold Deposit Account Cash in hand 85,499 173 85,672 83.990 9,245 32 32 95,152 85,531 9,621 93,237 7. DEBTORS AND PREPAYMENTS Unrestrlrted Rèstrlct•d Total 31-Mar. 24 Total 31.Mar- 31-Mar-24 31.Mar•24 HMRC charleS Gift Ald Tox Recoverable 2,131 207 2,338 1,877 1131 207 1338 1,877 8. CREDITORS ACCRUALS AND DEFERRED INCOME: AMOUNTS FALLING DUE WITHIN ONE YEAR Unrestrlcted Restricted Total Total 31-Mar-24 31-Mar.24 31-Mar-24 31-Mar-23 Independent Examiners Fees- 825 825 Soclal Security & Taxes & pensions 175 175 152 Church Venue Hlre and other 513 1,4 17
STOCKPORT FAMILY CHURCH NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024 Total Total 31-Mar 24 31-Maf-23 9. STAFF COSTS AND NUMBERS Wages and Salarie5 Social security costs Pension contributions 21,664 12,153 1,517 23,1 796 12.949 Employees en8a8ed Sn each of the following activities.. Total 31.Mar-24 Total 31-Mar-23 ActwitSes in furtherance of organisation's objectives.. Administration Youth worker 10. TRUSTEES AND OTHER RELATED PARTIES No paymentswere made to trusteesorany persons connected with thèm duringthis financial period. No material transaction took place between the or8anisation and a trustee or any person connected with them. 11. RISK ASSESSMENT The trustee5 ac¢ivelyreview the majorrisk5 which the Charlty faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basi5 will provide sufficient resources In the event of adverse conditions. The trustees have also examined otheroperationaland business rlsks which thev face and confirm that they have established 5YStems to mitigate the significant risks. 12. PUBLIC BENEFIT The charity acknowledges Its requirement to demonstrate Clear that it must have charitable purposes or'aims" that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charty Commission guidance on public benefit before decidingwhat activitie5 the chaTlty should undertake. 18