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2023-12-31-accounts

2023

Caterham Community Church

Report and Accounts Year ended 31 December 2023

Caterham Community Church

CHARITY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2023

Trustees

Angela Foreman ( co-opted until April 2023) Anthony Watson (until 22nd October 2023) Steve Bidwell

John Bowdery (co-opted November 2022 and subsequently elected March 2023) John Garwood (co-opted November 2022 and subsequently elected March 2023) Samara Gray (appointed from 22 October 2023 and resigned on 19 May 2024) Heather McDowell ( as from 22 October 2023)

Key Staff

Heather McDowell interim Lead Elder ( as from 22 October 2023) Jacqui Porcel – Pre-School Manager Jo Trowbridge- Counselling Centre Manager Joanna Edwards, Children, Youth and Families Worker

Governing Document

Charity Registration Number

Constitution dated 8/9/2015 Amended 6/12/2020 1163464

Principal Address

Coulsdon Road Caterham CR3 5NF

Independent Examiner

Archie McDowall BA, CA Stewardship 1 Lamb's Passage London EC1Y 8AB

Bankers

CAF Bank 25 Kings Hill Avenue Kings Hill West Malling ME 19 4TA

Contents Page
Charity Information 1
Trustees' Annual Report 2-8
Independent Examiner's Report 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Accounts 12-19
Detailed Statement of Financial Activities with Comparatives 20

Page 1

TRUSTEES’ ANNUAL REPORT

For the period 1[st] January to 31[st] December 2023

Charity Registration No 1163464

Page

Caterham Community Church

Report of the trustees for the period 1[st] January to 31[st] December 2023

The trustees present their annual report and independently examined financial statements for the period ended 31[st] December 2023 and confirm they comply with the Charities Act 1993, as amended by the Charities Act, the Church’s Constitution and the Charities SORP.

Reference and administrative information

Charity Name Caterham Community Church Charity Registration Number 1163464 Principal Office Caterham Community Church Coulsdon Road Caterham Surrey CR3 5NF

Board of Trustees

Angela Foreman ( co-opted until 30 April 2023) Anthony Watson (until 22 October 2023) Stephen Bidwell John Bowdery (co-opted November 2022 and subsequently elected March 2023) John Garwood (co-opted November 2022 and subsequently elected March 2023) Samara Gray (appointed from 22 October 2023 and resigned on 19 May 2024) Heather McDowell (as from 22 October 2023)

Key staff members

Heather McDowell - Interim Lead Elder (as from 22 October 2023) Jacqui Porcel – Pre-School Manager

Jo Trowbridge – Counselling Centre Manager

Joanna Edwards - Children, Youth and Families Worker

Key volunteer roles

John Bowdery – Elder Michael Hawkins – Elder Heather McDowell - Elder ( Until 22[nd] October when became paid Interim Lead Elder) Arron Towsend - Elder

Independent Examiner

Bank

Stewardship Services CAF Bank Ltd, 1 Lamb’s Passage 25 Kings Hill Avenue, London Kings Hill, EC1A 8AB West Malling, ME19 4JQ.

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Advisers on charitable, tax and employment matters

Stewardship Services, 1 Lamb’s Passage, London EC1Y 8AB

Advisers on safeguarding

Thirty-One: Eight, PO Box 133, Swanley, Kent, BR8 7UQ.

Objectives and activities

The object of the Church, as set out in its constitution is :-

“the advancement of the Christian faith for the public benefit”.

The church’s principal activities to further this object are :-

The trustees confirm that they have had regard to the Charity Commission’s guidance on public benefit. Furthermore, it is central to the church’s ethos that we should bring blessing to the wider local community.

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Volunteers

None of the church’s activities could operate without the huge efforts made by our members who receive no payment for doing so.

Achievements and performance

Financial review

Overview and Reserves

The total income in the period was £283,911. The total expenditure was £260,880, of which £13,833 was spent outside England and Wales.

At the end of 2023 the charity held a cash balance of £163,182 and total net assets of £1,060,089. The trustees ensure that the annual budget is realistic and includes sufficient contingency to meet our short-term obligations, although these have fallen since we have not replaced our Minister who

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retired early in 2022. The trustees are satisfied that the charity will have sufficient income, supported by adequate reserves, to meet its spending plans and obligations going forward.

It is the policy of the trustees to maintain reserves to meet three months of salary/wages commitments. This modest reserve is considered adequate given our financial obligations and the considerable value of the unencumbered property held.

Sources of income

Much of the church’s income is in the form of donations from its members and others attending its services. The level of this giving is remarkable. There are around 80 members and the general donation income from members and attenders in this period exceeded £117,000 including the Gift Aid tax refund.

Noah’s Ark Pre-school and the Counselling Centre receive fees from service users plus local government funding for the Pre-school.

The trustees have ensured that any conduit giving has been clearly identified and excluded from income on which tax relief has been claimed.

The charity does not use any professional fund raisers and fundraising from the public other than members is limited to minor events such as quiz nights and second-hand sales for specific purposes.

Investment policy

The church does not intend to invest money. Such reserves as may accumulate from time to time are held on suitable deposit accounts with our bankers.

Funds spent overseas

Money sent to Romania for work with looked after children is sent to a named individual known to us. He provides reports on how the money is spent, backed up by photographs, and we also hear from the children themselves via social media. In 2023 we were also able to visit to see how the children are being supported.

Risks

The trustees have reviewed the risks facing the church. These are primarily :-

The trustees are satisfied with the measures in place to mitigate these risks and keep them under review.

The church has in place a well-established Safeguarding Policy developed and operated under guidance from Thirty-One: Eight (formerly the Churches Child Protection Advisory Service).The Safeguarding Policy was reviewed during 2023.

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Although the church’s premises are located in the county of Surrey, it is close to the Greater London boundary and the premises we currently use for our main Sunday Service are located in the London Borough of Croydon. We have not been affected very materially by the extension of the London Ultra Low Emission Zone.

Structure, governance and management

Formation and governing document

Caterham Community Church was registered as a Charitable Incorporated Organisation on 8[th] September 2015.

The CIO is the charitable identity for the church formerly known as Caterham Hill Congregational Church, which previously derived its charitable status from its membership of the Congregational Federation - the umbrella body for the Christian denomination to which the church belongs. Its activities therefore continued seamlessly.

The holding Trusteeship of the buildings and land formerly vested in the Congregational Federation Ltd was transferred to the CIO during 2017.

Organisational structure

The charity trustees are responsible for the overall governance and management of the church.

The spiritual leadership and practical day-to-day running of the church are vested in the Minister, teams of elders and deacons and various members who are appointed to lead individual activities.

Reflecting our Congregational roots, the ultimate governing body is the Church Meeting, at which all those who have become members in line with the constitution have a vote. Trustees, elders and deacons are appointed by a vote of the Church Meeting and perform their duties under the authority delegated to them by the Church Meeting.

Changes to trustees in 2023 are recorded earlier in this report.

Wider networks

The church is a member of the Congregational Federation and the Evangelical Alliance. We have a less formal association with the New Wine Network. We are actively involved in partnership with other local churches.

Custodian trusteeships

The trustees do not hold any assets or funds as custodian trustees on behalf of any others.

Responsibilities of trustees under charity law

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 charity 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:

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  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.

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature Name J Bowdery

Signature Name S Bidwell

Page

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

FOR THE YEAR ENDED 31 DECEMBER 2023 ('the Charity')

I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 December 2023 on pages 10 to 20 following, which have been prepared on the basis of the accounting policies set out on pages 12 to 13.

Responsibilities and basis of report

As the charity’s trustees of the Charitable Incorporated Organisation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants of Scotland, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than 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 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 understanding of the accounts to be reached.

Archie McDowall BA, CA Institute of Chartered Accountants of Scotland Stewardship 1 Lamb's Passage London EC1Y 8AB

Date:

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Caterham Community Church

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2023

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Other income
6
Total income and endowments
EXPENDITURE ON:
Charitable activities
7
Other
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
14
Other recognised gains/(losses):
Gains/(losses) on revaluation of fixed assets
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
14		 Unrestricted
Funds
£
230,692
44,443
-
-
275,135
250,006
-
250,006
-
25,129
2,114
27,243
-
27,243
131,576
158,819		 Restricted
Funds
£
8,776
-
-
-
8,776
10,874
-
10,874
-
(2,098)
(2,114)
(4,212)
-
(4,212)
5,481
1,270		 Endowment
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
900,000
900,000		 Total
Funds
2023
£
239,468
44,443
-
-
283,911
260,880
-
260,880
-
23,031
-
23,031
-
23,031
1,037,057
1,060,089		 Total
Funds
2022
£
262,522
41,393
-
-
303,915
266,591
266,591
-
37,324
-
37,324
-
37,324
999,733
1,037,057

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The notes on page 12- 19 form part of these accounts.

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Caterham Community Church

BALANCE SHEET

FOR THE YEAR ENDED 31 DECEMBER 2023

Note
FIXED ASSETS
Tangible assets
9
CURRENT ASSETS
Debtors
10
Cash at bank and in hand
11
CREDITORS: Amounts falling
due within one year
12
Net current assets / (liabilities)
TOTAL NET ASSETS
FUND BALANCES
14
Unrestricted Funds
General funds
Designated funds
Pension reserve
Revaluation reserve
Restricted Funds
Endowment Funds		 Unrestricted
Funds
£
-
-
5,256
161,912
167,168
(8,348)
158,820
158,820
88,377
70,443
-
-
158,820
-
-
158,820		 Restricted
Funds
£
-
-
-
1,270
1,270
-
1,270
1,270
-
-
-
-
-
1,270
-
1,270		 Endowment
2023
£
900,000
900,000
-
-
-
-
-
900,000
-
-
-
-
-
-
900,000
900,000		 Total
Funds
2023
£
900,000
900,000
5,256
163,182
168,438
(8,348)
160,090
1,060,090
88,377
70,443
-
-
158,820
1,270
900,000
1,060,090		 Total
Funds
2022
£
900,000
900,000
1,176
141,387
142,564
(5,505)
137,058
1,037,057
56,295
75,282
-
-
131,577
5,481
900,000
1,037,058

The financial statements were approved by the Board of Trustees and were signed on its behalf by:

Charity number: 1163464

The notes on page 12- 19 form part of these accounts.

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Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

1 Statutory Information

The charity is a charitable incorporated organisation registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention as modified by the revaluation of certain assets, which are measured at fair value through the Statement of Financial Activities.

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations and legacies includes:

The charity relies on volunteers to carry out many of its activities, particularly church leadership. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably

Income from charitable activities represents income receivable from services supplied in furtherance of the charity's charitable objects. It includes income from fees and grants for the counselling centre and preschool.

The charity has taken the view that it has only one charitable activity, namely the advancement of the Christian faith, and all income from donations, legacies and charitable activities is in respect of this one activity.

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

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Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

d) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. Endowment funds are donations that are retained as capital in accordance with the donor's wishes. The nature of the restriction determines whether the endowments represent permanent endowments or expendable endowments.

e) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £20,000 and the item is expected to benefit the charity over more than one accounting period. No depreciation is charged.

f) Pension scheme arrangements The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

g) 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.

h) Financial instruments The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).

i) Exemption from preparing a cashflow statement The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

j) Critical accounting estimates and areas of judgement The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period. ln preparing financial statements certain judgements, estimates and assumptions have to be made that affect the amounts recognised in the financial statements. The trustees consider the following to be significant:

3 Donations

a

Donations of cash and similar
Government grants (note 3a)
Government Funding
Pupil Premium and Deprivation
Early Intervention
Government grants comprise:		 2023
£
117,904
121,564
239,468
2023
£
106,449
9,039
6,075
121,564		 2022
£
126,441
136,081
262,522
2022
£
116,941
7,708
11,432
136,081

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Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

4 Income from charitable activities

Fees income
7
Charitable expenditure
a
Costs incurred directly on specific activities
Costs of generating voluntary income
Salaries, travel and expenses
Telephone, utilities, etc
Conferences and training
Grants payable (note 7c)
Total expenditure		 2023
£
44,443
44,443
2023
£
187,981
51,887
1,827
241,695
19,185
260,880
260,880		 2022
£
41,393
41,393
2022
£
180,053
63,063
6,456
249,572
17,020
266,592
266,592

The fee payable to the independent examiner for examining the accounts was £2,100 (2022:£2,010); in addition the charity paid £1,200 (2022: £1,200) to Stewardship for payroll bureau and consultancy services.

c Grants payable

Grants for UK and overseas mission
The comparatives for the previous year are as follows:
Grants for UK and overseas mission		 Institutions
£
5,352
5,352
Institutions
£
7,220
7,220		 Romania
£
13,833
13,833
Romania
£
9,800
9,800		 2023
£
19,185
-
19,185
2022
£
17,020
-
17,020

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Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

The charity's principal grants to institutions comprised:

SALTMINE
AGAPE
Caterham Food Bank
Grants to institutions for less than £1,000 each		 2023
£
1,110
2,603
1,639
5,352		 2022
£
1,305
5,450
465
7,220

The charity has taken advantage of an exemption conferred by the Charities SORP and has not disclosed the names of some grant receiving institutions as they operate in territories where Christians are persecuted; the disclosure of this information would be prejudicial.

8 Analysis of staff costs, the cost of key management personnel and trustee remuneration

The average monthly number of employees during the year was 14 (2022: 17). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the trustees and the key staff named on the Charity Information page. Total employment benefits payable to key management for the year were as follows:

Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Heather McDowell
3,777
205
Angela Foreman
1,164
Other members of key management:
Jacqui Porcel
34,414
1,882
Jo Edwards
9,815
540
Jo Trowbridge
1,863		 2023
£
3,982
1,164
5,146
36,296
10,355
1,863
48,514

The following amounts were payable in the previous year:

Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
David Chadwick
14,250
909
Angela Foreman
3,243
Other members of key management:
Jacqui Porcel
31,517
1,724
Jo Trowbridge
1,794		 2022
£
15,160
3,243
33,242
1,794
53,438

Heather McDowell and David Chadwick served as church leaders and received the above payments for serving in that capacity, not for serving as trustees; these payments are permitted by the charity's governing document. Similarly Angela Foreman served during 2023 as the church office administrator.

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Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

9 Tangible fixed assets

Valuation
At 1 January 2023
Additions
Gains / (losses) on revaluation
Disposals
At 31 December 2023
Accumulated depreciation
At 1 January 2023
Charge for the year
Eliminated on disposal
At 31 December 2023
Net book value
At 31 December 2023
At 31 December 2022		 Freehold
Property
£
900,000
900,000
-
-
900,000
900,000		 Leasehold
Improvements
£
-
-
-
-		 Fixtures,
fittings and
equipment
£
-
-
-
-		 Vehicles
£
-
-
-
-		 Total
2023
£
900,000
-
-
-
900,000
-
-
-
-
900,000
900,000

Freehold property was valued at £1,025,000 on 10/6/2016 by an independent qualified valuer at open market value assuming vacant possession and after taking account of the restrictive covenant on the use of the property.The value has been reduced to reflect the sale of 61 and 61A Westway. The trustees are not aware of any other material changes in value .

10 Debtors

Falling due within one year:
Tax recoverable
Other debtors
Total debtors
11
Cash at Bank and in Hand
Cash at bank with immediate access
12
Creditors: liabilities falling due within one year
Accruals		 2023
£
5,256
5,256
5,256
2023
£
163,182
163,182
2023
£
8,348
8,348		 2022
£
523
653
1,176
1,176
2022
£
141,387
141,387
2022
£
5,505
5,505

13 Pension commitments

During the year employer’s pension contributions totalling £8,060 (2022: £7,932) were payable to defined contribution personal pension schemes. No pension contributions were owing at the balance sheet date (2022: 0).

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Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

14 Funds

During the year the movements in the charity's funds were as follows:

Designated Funds
Noahs Ark
Counselling Centre
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
AGAPE
Saltmine
Job Club Furniture
Emergency Fund
Romania
Endowment Funds
Permanent
Buildings
Aggregate of funds		 Opening
balance
2023
£
58,357
16,925
75,282
56,295
131,577
-
-
(610)
340
3,278
2,474
5,482
900,000
900,000
1,037,059		 Incoming
resources
2023
£
138,785
28,126
166,911
108,224
275,135
663
995
7,118
8,776
283,911		 Outgoing
resources
2023
£
(138,531)
(33,219)
(171,750)
(78,256)
(250,006)
(663)
(250)
(1,639)
(8,322)
(10,874)
(260,880)		 Transfers
in the year
2023
£
-
2,114
2,114
-
(135)
(340)
(1,639)
(2,114)
-		 Gains and
losses
2023
£
-
-
-
-
-
-		 Closing
balance
2023
£
58,611
11,832
70,443
88,377
158,820
-
-
-
-
(0)
-
1,270
1,270
900,000
900,000
1,060,090

The transfers referred to above were made for the following reasons:

a) Transfer to general fund to contribute to Saltmine production 2023

b) Transfer from COVID emergency fund to general fund as no longer required

c) Transfer from Job Club furniture as no longer required

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Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Tangible fixed assets
Stock
Debtors
Investments held as current assets
Cash at bank and in hand
Creditors falling due within one year
Creditors falling due after one year
Provisions for liabilities
Defined benefit pension schemes liabilities		 General
Designated
funds
funds
£
£
-
5,256
-
91,469
70,443
(8,348)
-
-
-
88,377
70,443
Unrestricted Funds		 Restricted
funds
£
1,270
1,270		 Endowment
funds
£
900,000
-
900,000		 2023
£
900,000
-
5,256
-
163,182
(8,348)
-
-
-
1,060,090

In the previous year the movements in the charity's funds were as follows:

Designated Funds
Noah's Ark pre-school nursery
Counselling Centre
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Emergency
Agape
Other
Endowment Funds
Permanent
Aggregate of funds		 Opening
balance
2022
£
38,849
13,980
52,829
39,826
92,655
5,458
138
1,484
7,080
900,000
900,000
999,735		 Incoming
resources
2022
£
150,105
29,551
179,656
118,099
297,755
-
775
5,385
6,160
-
303,915		 Outgoing
resources
2022
£
(130,597)
(26,396)
(156,993)
(101,840)
(258,833)
-
(912)
(6,846)
(7,758)
-
(266,591)		 Transfers
in the year
2022
£
(210)
(210)
210
-
(1,714)
1,714
-
-
-		 Gains and
losses
2022
£
-
-
-
-
-		 Closing
balance
2022
£
58,357
16,925
-
75,282
56,295
131,577
3,744
1
1,737
-
-
5,482
900,000
-
900,000
1,037,060

Page 1

Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Unrestricted Funds

Tangible fixed assets
Stock
Debtors
Investments held as current assets
Cash at bank and in hand
Creditors falling due within one year
Creditors falling due after one year
Provisions for liabilities
Defined benefit pension schemes liabilities		 General
funds
£
-
-
1,176
-
60,623
(5,505)
-
-
-
56,294		 Designated
funds
£
75,282
75,282		 Restricted
funds
£
5,482
5,482		 Endowment
funds
£
900,000
-
900,000		 2022
£
900,000
-
1,176
-
141,387
(5,505)
-
-
-
1,037,057

Designated Funds

The Noah’s Ark Fund is set up to record all financial inflows and outflows attributable to Noah’s Ark, the church’s pre-school.

The Counselling Centre Fund is set up to record financial inflows and outflows attributable to the church’s Counselling Centre.

Restricted Funds

The emergency fund consistsed of donations from church members and friends to be used to support people within the church and local community affected financially by COVID-19.

The Agape fund allows church members and friends to donate funds to supplement the money given to Agape from the general fund missionary support budget line.

Romania Fund Money is for work with looked after children and physical visits to see how the children are being supported.

Annually the trustees set aside some of the charity's income for grant giving to institutions and individuals who undertake activities that further the charity's own objects. It is anticipated that all of the funds designated for this purpose will be distributed in the new financial year.

Transactions with related parties

During the year the charity also made the following payments to, or for, related parties:

Page 1

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Other income
6
Total income and endowments
EXPENDITURE ON:
Charitable activities:
7
Other
Total Expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
14
Other recognised gains/(losses):
Other gains/(losses)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
14		 1 Unrestric Designated
2023
£
122,468
44,443
166,911
171,750
171,750
(4,839)
-
(4,839)
(4,839)
75,281
70,442
DETAIL
ted funds		 Restricted
2023
£
8,776
8,776
10,874
10,874
(2,098)
(2,114)
(4,212)
(4,212)
5,481
1,269
Cat
ED STATEMENT O
FOR THE Y		 Endowment
2023
£
-
-
-
-
-
-
900,000
900,000
erham Communit
F FINANCIAL ACT
EAR ENDED 31 D		 Total
2023
£
239,468
44,443
-
-
283,911
260,880
-
260,880
-
23,031
-
23,031
-
23,031
1,037,057
1,060,088
y Church
IVITIES WITH COMPA
ECEMBER 2023		 R 1
1
1
1





ATIVES		 General
2022
£
18,099
-
18,099
01,840
-
01,840
-
16,259
210
16,469
16,469
39,826
56,295
Unrestric		 Designated
2022
£
138,263
41,393
179,656
156,993
156,993
22,663
(210)
22,453
22,453
52,828
75,281
ted funds		 Restricted
2022
£
6,160
6,160
7,758
7,758
(1,598)
-
(1,598)
(1,598)
7,079
5,481		 Endowment
2022
£
-
-
-
-
-
-
-
900,000
900,000		 Total
2022
£
262,522
41,393
-
-
303,915
266,591
-
266,591
-
37,324
-
37,324
-
37,324
999,733
1,037,057
General
2023
£
108,224
-
-
-
08,224
78,256
-
78,256
-
29,968
2,114
32,082
32,082
56,295
88,377

Page