CHARrrY REGISTRATION NUMBER 1163895 ROCK CHRISTIAN CENTRE UNAUDITED FIIYANCIALSTATEMENTS FOR THE YEAR ENDED 31 ocfoBER 21124 UHY
ROCK CHRISTIAIN CENTRE LEGALAND ADMINISTRATIVE INF0MATIoN Trustees Mr J M Beyer Mr J C Walts Mr H C Sibanda MrPJHunt Mrs P Forbes-williams Mr J Norton Ms A UJeh-Philip IAppoinicd 6 March 2025} Chgrity number 1163895 Principal Address 177-195 Spiial Hill ShetTield South Yorkshire S4 7LF Independent examlner M M¢&ling Bsc FCCA UHY Hacker Young 6 Broadfield Court Broadficld Way Sheffield S8 OXF
ROCK CHRISTIA,N CENTRE CONTENTS Page Trustees, r¢port Independent examinefs r¢port Siaiement of financial activities Balan¢¢ sh¢el Notes to the finan¢ial siaiements 9-21
ROCK CHRISTIAN CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 OCTOBER 2024 The trustees present rheir annual report and financial stsiements for the year ended 31 (ktober 2024. The financial statements have been prepared in accordance with lh¢ accouniillg policies set oui in i)otc I to the Iinancial sialements and comply with Ihe charity's consiilulion. Ihe Chariiies Act ?0 I l and "Accounting and Reportin¥ by Chariiies.. Siatemeni of Recommended PraLlree appliLable io Lharities preparing their accounts in accordance with ihe Financial Reporting Siandard applicable in Ihe UK and Republic of Ircland {FRS 102)" (as am¢nded for accounting perio(Ls Commencing from l January 20191 CharltAble In¢orpor•ted Org4nlsotlon The Rock Cliristian Ccnlre CIO was registered by ihe Charity Commission on 8 O¢tob¢r ?015. The n¢w charity remuined domant until 26 January 2016. On 25 January 2016 all the asscts ynd liabilities of the lomi¢r govcrning charity number 1086749 'Church on th¢ Rock. Sheffield., w¢rc transf¢]Y¢d to Ro¢k Christian Centre. Objectlyes Th¢ obj¢¢i of the CIO is. for th¢ public b¢n¢fii. th¢ advan¢emeni of the Chrisiian faith in Sh¢tTi¢ld ai)d such oih¢r parts of the Uniied Kingdom and the World as ihe Charity Trns¢ees may from lime to lime decide. Publ1£ Benetlt Tl)e trustCLS have givLn duc regard to guidance published by the Charity Commission in rcspcct of public benefit when fulfilling the objectives of the CIO. A¢llvltle5 The 2Q23120?4 year has been a year of developmeni and 8rowth. Finances The bTiving to the Generdl Fund. Building Fund. Burngreave Foodbank, Burngreave CAP Debt Centre and Lighthouse Proj¢ci has remain¢d sieady and no resirictions have had 10 b¢ mad¢ to th¢ a¢tiviiies of the Charity due io lack of finan¢¢. Currently ih¢r¢ are no loans or mort8a8¢s on th¢ prop¢rti¢$ owned by the charily. Throiighout the year ihe charity has continued io retain funds in excess of three month5 opei'ating costs. Ncw scparatc bank accounts wcrc opcncd for ihc Bumgrcavc CAP Dcbi Ccntrc and Thc Lighihou5C to a551St the financial administrdtion of these oulreach projects. Our 'Treasurer', Mark Beyer announced h15 intention of retiring after many years of voluntary service to the Charity. Mrs Amarchukwu Udeh-Philip was appoin¢cd as Ihc new treasurer aM'aiting the handover of the accounts and banking access.
ROCK CHRISTIAli CENTRE TRLISTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Sites & Buildings Th¢ following propertlC5 are owned leasehold by the Charity: 177 - 195 Spilal Hill & Car Park off Spital Lan¢. This ¢ompriscs of subsraniial brick buili buildings 177 Spital Hill uscd for Church sern'ices and aggociatcd activities, including the Rock Community Centre Used a% a Church overflow. Foodbank serving area. Community use etc. The Lighthouse. Handley Sireet siie us¢d by our Lighthouse Project as an ouireach to ihe homeless. addicts and lonely. Th¢ WORD4WEAPONS gun & knife amnesiy bin is also located adjacent to this building. Th¢ 'Link Building Project. has conrinued ihroughout the year. The plans are to ciiclose the walkway between the two buildings on the Spital Hill siie. The Link Building Projec¢ will provide a ceniral welcome ar¢y Ivr all LiseT% ol. the church facilities.. will gr¢aily improve the working condiiions for Foodbank sialT and voluntcers and will eliminatc Ihe anii-so¢ial behaviour that iJk¢s placc between the buildings. ShetTield Planning department have advised thai we ¢an apply for planning perniission as a variation to the exisiing permissiun for the larger building proj¢ci. A Slrnciural Engineer is cuentlY refining his drawings i'eady fvr submission for planning pcm)ission. Once planning pcrniission has bcen grani¢d. substantial funds will nccd lo be rniscd if this proj¢¢t is lo be completed. Outreach proJ¢¢t$ Biimgr¢dv¢ Foodbank. (affiliated io Trus8ell Trusi). provided. in the year up to 31 OLlober2024. 59.858.69kgs of lood for 10,788 local EKopl¢. in¢ludin8 3.223 childr¢n. This is similar to the prcvious year {which Ilod sccn an almost IOOQ/o increas¢ in demand from the year before) and is probably due lo the numbers of foodbank users starting 10 d¢¢lin¢ over recent month.4. RewTrrts from Ciiizen's Advice indi¢8te Ihal their adviLL SLtViLe has had a significanl impacl in helping some clients and reducing th¢ n¢cd for foodbank support for some us¢rs. Th¢ Fo¢)dbank conlinues to buy about 60010 of the food need¢d to In¢¢t the demand. We are thankful for all the food and financial donations given that allow the Foodbank lo do thi5. The Burngreave CAP D¢bt Cenlre has been kept busy during the year. Grant applications have been made tu help cover sume of the cost5 of running the centre. £5.700 mai¢h funding was awarded by 'The Gavins Foundation. 111696651. It continues to be a gr¢at ¢n¢oura8¢ment to celebrntc those who have become debt free as a Tesult of the CAP Debt Centre. The Lighthouse Ministry 10 th¢ homeless, addicis and the lonely based at our Handley Street building, has frequently been at maximum ¢apacity. Clients benefit from free cooked breakfasts. ¢lothc5, showcrs, clothes wa.qhing facilities, loving ¢ar¢. attention and advice. A number of the ¢li¢nts have also accessed the monthly cotTee mornings at Spital Hill, and other Church ei'ents and services. Thc Word4Weapons gun and knife amnesty bin. outsid¢ the Lighthouse building. has continued to be used to remove substantial numbers of knives and other deadly w¢atM)ns from the streets. The Senior Pastor is an amba55ador for the charity through his roles as Chair of 'Tog¢th¢r for Sheffield, (Charity No 11154041: Trust¢¢ of Kinctic Network (Chariiy No 11759381. His rolc as an active member of the 'lndependeni Advisury Group. of South Yorkshire Police involved him in stralcgic tncetings with the Regional Mayor and oth¢r community representatives in reswnse to iiots rcsulting froni the Southpon Miiiders in the summer of ?024. He also eoniinue5 a5 a 'Facilitator for City Vision which involves regular m¢¢tings with Christian leaders from Leeds, Wakefield and oth¢r UK Citi¢S. The Youth & Families Paslor is Coordinator for Sheffield Street Pastors (Charity No. I162786} and South Yorkshire Response Pastors. Rock Christian C¢ntr¢ is thc training centre for the South Yorkshirc Strcet Pastor teams.
ROCK CHIUSTIAIN CENTRE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Church & Congreg¥tio The nLimbLrs ot peoplc atiending Church scTr'ices and assoriat¢d childrcn's and youth groups coniinucs 10 grow. We continue to livestream our Itin Sunday seThiee. the4e are watched on YouTub¢ & Facebook by more than 150 devices over ihe week including congregation mcmbcrs who are on shift work, those who are houseboiitjd, and a significant numbcr of people rosS ihe world. In May ?0?4 thc seLond annual RCC 'Women s Conference. was fvlly booked with around 140 ladies froin muliiplL Churchcs and locaiions cnjoying the ¢xcellenl programine. In July 20?4 a largc group of young Ople and their lead¢rs attcndcd the 'Dreaming th¢ Iiiipossiblc. Chrisiian festival in StalTord. The sp¢¢ial 'Youih Setvic¢' following DTI gave opporninity for thc youn people to share worship and testimonies of iheir time away. In Sepiembcr 2024 the 'Chrisiianity Explorcd, Course commcnced on Sunday aft¢rn(K)ns as part of Rock Welcome Church. Our mission st¢1t¢m¢nt and core values are ¢lcarly displayed on a Church noticei)oard and on thc webs11C. The Rock Christian Centre vision is based on the Biblical example of the early church in Acts 2..4247 and is %eparaied under 4 litle.8. Growing Up in Maiurily.. Growing Togeiher in Community: Growing Out in Evangelism and Mission,. Growing Larger in Numbcrs. Fln4nelul revlcw The Iru4tees are Satisfied wiih ihe financial posilion of the charity. The charity received £356.S11412023.. £357,234) of incom¢ during ihe financial ycar to 31 Ociober 2024 and cxpcndcd £353.364 12023.. £347.7041 showing a surplu5 of £3.220 12023.. £9.530). The prin¢ipal sources of income ar¢ disc105ed in note 3 of the accoun¢s. The charity has Linr¢striCicd reserves of £585.255 (2023= £640.888) of which £65.906 (£2023.. £115,429) are freely available. Th¢ r¢strict¢d reseNe5 are £194.95312023.. £136.100) th¢r¢ is a more dethiled breakdown of these balances in note 12 of the accounts. It is thc policy of the charity that unrestricted funds which have not been d¢signai¢d for a specifi¢ use shoiild bc maintained at a lev¢1 cquivalent to thre¢ month'5 expenditure. The trnstccs coi)siders that r¢s¢rvc5 at this l¢v¢l will ensure that, in the event of a signiflcani drop in funding. they will be able to continu¢ the chdrity's current activities whil¢ consideration is gi&'¢n to ways in which addilional funds mdy bc raiscd. This Icvel of reserves has bcen maintsined throughout the year. The trustees have as5¢55ed the major risks to which the charity is exN)5ed, and are satisfied that 5y5tems are in place io miiigate ¢Kposure to the major risks.
ROCK CHRISTIAN CENTRE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Pl#ns for future periods Tlic churcli's objeciives for th¢ fulur¢ ar¢ dclJilcd in thc VISION and are clearly displayed on lh¢ ¢hurch website and on a prominent noti¢¢board. The Charity is occasionally approached regarding the wtential use of Church buildings that are on tl)e verge of Llosure. W¢ are currently exploring the possibility of collabordiive Chur¢h and comtnunity use of Si JcimeN, Slott Road. S4. This has brought us into closer working relationship with sume other churche% in the rea. W'ith our own bLiildii)gs at maximum capacity oil a Sunday moming, the leaders of thc Church are prayerfully considering future possibiliiies of a Church plant. Renovaiions io the existing buildings and ihe Outside areas necd to be continued to make best usc of ihe facilities we are blessed H'iih. We are planning to surface ihe overgrown. unused garden area. We are also gathering e¥iimal¢s for roofing works io 177 Spital Hill including the replacement of ihe ridge tiles. We are committLd io raising funds towards ihe longer terfft 'Link Buildin¥ ProjLct' io join (he iwo buildings 011 ihe Spital Hill sit¢. We look to The Lord for His fure provision for every aspect of the church. charity and oulreach projects. Biirngr¢av¢ Foodbank Th¢ Foodbartk was started by the previous Church charity as a Trussell Trust, Foodbank in June 2012. The vision for Ihe Foodbank was to provide an outreach projeci io address tl)e poverty nced5 of tl)c dcprivcd communities of Burngreave and oiher local communities. Bumgreave Foodbank has developed and grown bcyond all expeLlations providing food and ioileirics io many thousands of local pcoplc cach year. The anniial budgct now exceeds £IOO,000. employs muliipl¢ statT Jnd requires the use of a substantial percentage of the Church buildings. The Church irn¥iee.4 mad¢ ihe decision to forni a new and separate LhaTlty for Bumgreave Foodbank. The new CIO ¢harity {12104291 was regislered with the Charity Commission on I l October 2024. How'ever. the n¢w charity rcmaincd domiant under the Rock Christian Church CIO until l Novemb¢r 2024. This annual report will be ihe last to include the activities and finance ot Bumgreav¢ Foodbank. Structure, governAnce and managemenl The charity is govemed by its Irusices. the minimum number at any one time being three. The trust¢¢s comprise of some chiirch elders and other persons who havc a significant financial or management role in the Lharity. There have been no ¢hang¢s to th¢ trust¢cs during the year. The charity ¢Inploy a full time Senior Pastor and Assistant PtOr. The charity also employs a number of part lime paid staff including the 'Youth & Families P&%tor' (partially s¢condcd to Bumgreave Foodbank as an Assistant Manager): a 'Church Adminisiraior.: a 'Foodbank Manager: two additional Assistant Foodbank Managers: a 'Foodbank Warehouse Manager.: 'CAP D¢bt Centre Manager.: a 'CAP Debi Centre CoaLh'. 'Caretaker and Handyman, The ChurLh Admini.4trdtor is a new post at 16 hours per week. In February 2024 the Youth & Families Pasior reduced her hours for the Church and Fdbank by approximately 500/0 and her iiile changed to 'Teams Pastor.. During Ihe year Burngrcavc Foodbank continued with a fully funded contra¢t providing a 'Citizen Adyicc Buieau. advisor lo work alongside the Foodbank. The advisor remains employed by the 'Citizen's Advice Bureau.. The day to day Djnning of the charity is carried out by Ih¢ Pastors. the Foodbank Manager. the CAP Debt Centre Manager and other employees. assisted by a latge nutnb¢r of volunteers.
ROCK CHRISTIAN CENTRE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 The trStee$ who served during the year and up to th¢ dat¢ of signature of the fmancial ststements iyere.. Mr J M Beyer Mr J L Watts Mr H C Sibanda Mr P J Ilunt MryJ P Forbes-williams Mr J Norton Ms A ISdeh-Philip (Appointed 6 March 2025) The trustces, report was approved by the Boord of Trust¢¢& MrJ M Beyer Trustee Dated.. 14 July 2025
UHY 6 Broadtield Court Broadfield Way Shcffjeld S8 OXF INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROCK CHRISTIAN CENTRE I report to th¢ trvsiees on my examinaiion ol the financial sthiements of Ro¢k Christian Centre (the charity) for the year ended 31 October 2024. Responsibilities and basis of report As Ihe Ir115tees of ihe charity you aTe responsible for lh¢ preparaiion of the financial slalements in accordance with the r¢quir¢menls of the Charities Acl ?01 I (the 2011 A¢tl. I report in resp¢ct of my examination ofihe charity's financial ststements catTied out under section 145 of th¢ 201 l A¢1. In carrying out my examination I have followed all the applicable Directions given by th¢ Charity Commission under section 145151(bl of the 2011 Aci. Independent examlner's statement Sin¢c IliL charity's gross income exceeded £?S0.000 your ¢xaminer must bc a meinbcr of a body listed in se¢lion 145 of the ?01 l Act. I confim ihai l am qualified io undenake the examination be¢au%e l am a m¢mber of ACCA. which is one of ihe lisied I11¢5. Your attention is drnwn to the fact ihai ihe charity has prepared financial stalements in accord8n¢¢ with Accounting and Reponing by Chariiics preparing thcir accounts in ac¢ordance with Ihc Financial R¢porting Siandard #ppli¢ablL in the UK and Republic of Ircland (FRS 102) in prcfcrcncc to tl)e Accounting and Reporting by Charities-. Siatement of Recommended Pra¢ti¢¢ iSsu¢d on l April 2005 which is referred to in ¢h¢ extant r¢gulations but has now been withdrawn. understand that this has been done in order for finan¢i41 siatem¢nts to provide a true and fair view in accordanc¢ with Generally ALLepied Accounting Practic¢ cffccti&'¢ for reporting periods beginning on or aftcr l January 2015. have Lompleted my ¢xamination. I confirn) thai no matters have come to my att¢niivn in ¥onneLiion with the examination giving m¢ ¢ous¢ to b¢li¢v¢ lha( in any material respect.. accounting records were not kepl in respecl of the charity 05 required by section 130 of the 2011 Act,. or the finanLial stalcmcnls do not accord with thuse records- or the financial statements do not comply with ihc applicablc rcquirements concerning the forni and content of accounts S¢t out in the Chaiities (Accounts and Reports) Regulalions 20011 other than any requirement that the accounls giv¢ a tru¢ and fair view whiLh is not a mattcr consid¢rcd as part of an indcpLndent examinaiion. I have no concerns and havc come a¢ross no other matters in conncction with the cxamination to which atieiition shoiild be drawii in this r¢port in order 10 enable a prow uiiderstaiiding of thc financial statements to be reached. M Nlealing Bsc FCCA UHY Hacker Young Chartered Accountants Ddied.. 14 July 2025
ROCK CHRISTIAN CENTRE STATELWIENT OF FINANCIAL ACTIVITIES INCLLIDING ILYCOME AJD EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2024 Unrejtrkted Re51rlcw Total I'nrrntrlcted ReSiAtted Total 2023 2024 fund5 rwnds Notes Income from.. Doiiation% and legacies Investments 224,066 143 132,375 356.441 143 197,936 34 159.264 357,200 34 Total Income 224.209 132.375 356.584 197.970 159.2(A 357,234 enditure on: Charitable activities 189,958 163.406 353.364 194,817 152.887 347.704 Nel Inc4mlngl(tsut%olng) re$ourees before transfers Gro%% tran%fer between lund4 34.251 131.031) 3.220 3.153 6,377 9,530 189,8841 119.884 16.801 {16.801} Nel (expendlturevlncome for the yearl Nel movement In fund$ 155,633) 58.853 3.220 19.954 {10,424) 9,530 Fund balanccs at I November 2023 640.888 136.1(Ki 776.988 620,934 146.524 767,458 Fund balan¢e$ at 31 October 2024 585,255 194.953 780.208 640,888 136,100 776,988 The statement of financial activities includes all gains and losses recognised in thc y¢ar. All income and ¢xpcndiiure derive from continuing activities.
ROCK CHRISTIAN CEiYfRE BALANCE SHEET AS AT 31 ocfoBER 2024 2024 2023 Notes Fixed assets Tangible &8sets io 519.M9 525.459 CurreDt assets Debiorb Cmsh at bank and in hand 7,320 258,853 7,454 251.258 26&173 258,712 Creditors: amounts falling dut within OD¢ year (5.314) {7.183) Net ¢Mrr¢llt 8sets 260.859 251.529 Tot1 itsets l¢ss currelll liabilities 780.208 776.988 The funds ofthe eharlty R¢stri¢ied incotne funds Unrestricted funds 14 15 194,953 585,255 136.100 640,888 780,208 776.988 The financial statements wer¢ appmved by th¢ truste¢s on 14 July 2025 Mr J M Beyer Truste¢
ROCK CHRISTIAN CENTRE NOTES TO THE FIYANCIAL STATEMENTS FOR THE YEAR EINDED 31 OCTOBER 2024 Accounting p•licies Charity informatit) The charity is regisiered in England and Wales as a charitable in¢orporai¢d organisation. The addrcss of the principal otTice is 177 - 195 Spitsl Hill, SheiTield S4 7LF. 1.1 Accounting convention Th¢ financial staiemenis hai'e bcen prepared in accordance with ihc ¢hJrily'S constiiuiion. thc Charities ALI 201 l and "Accounting and Reponing by Charities. Siatemenl of R¢comm¢nded Practice applicable lu ¥h¥riti¢s preparing iheir accounis in accordance with ihe Financial Reponing Siandard applicable in Ihe UK and R¢piibli¢ of Ireland IFRS 1021" las amended for accountin¥ periods commencing from I January 20191. Th¢ ¢hariiy is a Public Benefit Entity as defined by FRS 102. Thi iharity has taken adN'aniage of the provisions in thc SORP for charities applying FRS 102 Update Bulletin I no(10 prepare a Siai¢m¢nt of Cash Flows. The findncial statements are prepare(l in sterling. which is ihe functional currency of the ¥harity. MunL¢ary amounts in ¢h¢se fitwi¢ial sta*m¢nts ar¢ round¢d to th¢ nearest £. The financial statements have been prepar¢d und¢r ihe historical cost convention. The prin¢ipal ccounting policies adopted are srf out below. 1.2 Colng ¢on¢er Ai the lime of approving Ihe accounts. the iru%iees have a rea%onable expectatioi) that the Lharily has adcquuic rcsourccs ¢0 Continue in operaiional exisience for Ihe forcsccablc futurc. Thus ih¢ irnslCCS conlinue to adopt th¢ going concern basis of accounting in preparing ihe accoun¢5. 1.3 Charitable funds UnrestriLied funds are al'ailable for use ai ihe dis¢retion of th¢ trustees in funherdnce of thcir charitable objectives. Restricted funds are subject io specific conditions by donorg or grantors as to how they may bc uscd. ThL purposes and uses of the restricled funds are Sel out in lh¢ notc5 to th¢ financial slalement5. 1.4 Ineomlng resources Income is reLognised when thc charity is Icgally entLtl¢d to it after any perforniance condition5 havc been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donatlOTIs are recognised once the charity has been notified of ihe donation. unless performance condilions rquir¢ d¢fetral of the amount. Income tax recoverable in relation to donations rcceivcd undcr Gift Aid or d¢¢ds of covenani is recognised at the time of the donation.
ROCK CHRISTIAN CENTRE NOTES TO THE FILNANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Accounting policies (Continued) 1.5 Resources expended Resources expended are recognised in the year in which they are in¢urr¢d inLlusive of irre¢ov¢rable VAI.. Charitable expenditure Comprises costs incurred by the ¢lwity in th¢ dclivcry of its activities and in¢lud¢s ¢osts Ihai ¢Jn be allocated dirccily io such aciivilies and costs of an indircct na¢urc lo support them. Grants for oiher Charitable aciivilies are made ai the discreiion of the Irusttts and arc recogiii5ed li) the year in ivhi¢h Ihey are made. Governance costs are those incurred in connection with the administrntion of the charity and compliance with con.%¢itutional and statutory requirements. 1.6 Tangible fixed Assets Tdii&TiblL fixLd a¥4ct% are initially measured at cost and subsequently measured at cost or valuation. net of dcprcciation and any impaim]ent losses. Deprecialion is recognised so as to write off ihe wst or valuation of assets less their residual values ov¢r their useful lives on the following bases.. Leasehold land Jnd buildin8S Fixtures and fiitings Sirdight line over 86 years 250/0 reducing balance The gain or loss arising on ihe disposal of an asset is deterniined as the difference between the sale proceeds and the carrying value of the asset. and is recogniscd in the statement of finan¢ial aitivitics. 1.7 Impalrment of fixed 455ets At ¢ach ieportin¥ end date, Ihe charity rei'iews the carying amounts of its tangible assets to detemiine whcthcr th¢rc 15 any indicalion that ihosc assets ha&c suffcrcd an impairn)en¢ loss. If any such indicalion exists, the recoverable amounl of ihe assel is estimated in order lo deterniine the extent of the impainnent Ios5 lifanyl. 1.8 Ca$h and caslj equiyalents Cash and cash equivalents inclilde cash in hand. deposits held at call with banks. other short-temi liquid invcstm¢nt.% with original maturilics of ihTee months or less. and bank overdrafts. Bank overdrafts arc shown within iM)rrowing5 in current liabilities. 10-
ROCK CHRISTIALN CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Accounting policies Icontinued) 1.9 FinAn¢lal Instruments The ch1[lIY el¢rt¢d to apply th¢ provisions of Scction I I 'Basic Financial Instrument5. Section 12 '0th¢r Finan¢iAI InstThm¢nts Issues. of FRS 10? to all of its financial instruments. Finanlial insirum¢nis ar¢ rccogniscd in ihc charity's balanc¢ sh¢el when th¢ charity bwomcs party to the coniractual provisions of ihe insiTument. FinanLial assets and liabilitie.4 are offset. w'ith the net amounts presented in the tinancial 4tatements, when there is a legally cnforccable righi to set off ihe recognised amouiits and there is an iiiteiition to settle on a net basis or to reali5e ihe asset and settle the liability simultaneously. Baslc Nnanclal assets sic fitLaniiiL l ass¢ls, which include debtors and cash and bank balances, are initially measuTed at transaction price including transaction cosis and are subsequently Caled at amortised COST using the etTeclivc intcrcst method unlcss ihc arrangemeni conslirutcs a financing transaction. where the transaction is measured at the present value of the fuwre receipts discounted at a markci rate of inlcrcst. Financial assets classified as receivable within one year are not amortised. Impalmi•nt olllnanel•l •ss•es Fin jtncial asseis. other than Ih05e held at fair value through income and expenditure, are assessed for indiLators of impaimient at each reporting dale. FinanLial asseis are impaired where thcrc is objcLIivc cvidcnce that, as a result of one or more events that occurred after ihe initial recognition of the finanLial a55et, the estimated future cash flows have been affecied. If an assel is impaired. the impairnient loss is the difference between the canying amount and the present value of the estimated cash flows discounied al the asset's original effective interest rate. The impaimient loss is recognised in net incomel(expenditure) for the year. If ther¢ is a de¢r¢as¢ in th¢ impairn)¢nt loss arising from an event o¢¢urring after the impairment was recognised. the impairn)eni is r¢vers¢d. Th¢ reversal is 5u¢h that the ¢urr¢ni rarrying amount doe5 not exceed what the ¢arrying amount would havc en. had th¢ impairnicnt i)ot prci'iously bccn wcogniscd. Th¢ impaimient reversal is re¢ognised in nei incomel(expenditurel for the year. Derncognlllon of Ilnanclal assfrts Finaniial asscis are derccognis¢d only when the contraciual rights to the cash flows from the asset ¢xpirc or ar¢ s¢ttl¢d, or wh¢n the charity Iransfers the financial asset and substantially all the Tisks and r¢wards of owncrship to anoihcr cntity. or if some significant risks and rcwards of ownership are rctaiiied but control ofthe asset has transferred to another party that is able to sell the asset in its entirety to an unTelated ihird party.
ROCK CHRISTIAN CENTRE NOTES TO THE FINANCIAL STATEMEIYTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 A¢¢ounting p•lici¢s (Continued) Baslc Ilnanclal Ilabllltl Ba51c Iinon¢i¢l1 liabilitics, Including crcditors #nd bank loans arc iniiially rccogiiised at transaction pricc un1¢5S tli¢ arrangcTn¢nt constilutcs a financing transaclion, where the debt instrument is measured at the present value of the luture payments discounted at a market rate of intere£1. Financial liabilities clas51tied as payable wiihin one year are not amorti5ed. Debt instrumenty are subsequently carried at amortised cosr. using the effective inrerest rate meth. Trade creditors are obligations to pay for goods or services that have bcen acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabiliiies if payment is duL Within one year or ILSS. If not. they are presenicd as non-curreni liabiliiies. Trade LfLdiiof5 are recogiiiscd initially ai traiisaction price and subsequci)Ily measured at amortised cosi using ihc cffe¢iiv¢ interest method. Derecognltlon of flnanclal 114bllltles FinanLial liabilities are dereLognised when the charity's ¢onira¢iual obligaiions expire or are discharged or cancelled. 1.10 Employee b¢nefit$ The c05t of any unused holiday eniitlement 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 terniinate the employment of an employee or to pro%¥ide terniinaiion benefits. 1.1 l R¢tlr¢ment ben¢tlts PaymenL4 io d¢tined ¢oniribution reiirement benefit s¢hemes are charged as an expense as they fall due. Crlilcal accountlng estlmate$ and Judgements In the application of the charity's a¢¢ountin8 polieie5. the Iru4tees ar¢ iequired to make judgements, ¢5timat¢s and assumptions about Ihe oarrying amount of ass¢ts and liabililies that are not readily appalll from oth¢r sour¢¢s. Thc cstimai¢s and a5s0ciatcd J55umptions arc based on historical experienc¢ and other facloT5 that are considered to be relevant. Actual results may differ from these e5timate5. The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions to aecollnting estimates are recognised in the period in which the esiimale is revised where Ihe reVi.lon affecls only that period. or in the period of the revision and future periods where the revision affects both Current at)d future periods. There are no judgements or estimates which have a significant risk of ¢ausing a material adjustment to the carrying amount of assets and liabilities.
ROCK CHIUSTIAli CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Donations and legacie5 LrU¢rted Resirkied Total UaruirKt¢d Rntrict¢d Total ttds ruDds 21124 2024 2024 2023 2023 2023 Donations and gifts Othcr grants 224,066 81,944 50.431 306,010 50.431 197,936 108,153 306,089 224.066 132.375 356.441 197,936 159.?64 357 ?00 Donations gifts Donations and Similar in¢vtne 224,066 81.944 306.010 197.936 108.153 306.089 224.066 81,944 306.010 197.9J6 108.153 306.089 The total for 2024 in¢ludes r¢$tn¢t¢d grants from= Trussell Trust totalling £49.431 and Gavin's Trust for £1.0. Invcstments Unrestrlcted Unrestrlcted funds funds 2024 2023 Interest receivable 143 34
ROCK CHRISTIAN CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Charitable actiYitie5 Total 2024 Total 2023 Staff costs Dcprcciation and impairnicnt Donations and a¢iiviti¢s Ministry support Rent Light, he47t and utilities Rcpairs and maini¢nance Insurance Legal and professional fees Other 0ILL Costs Tithe8 and a¢iivities 164.674 11,468 1 ().894 4.252 30 15,Ofi9 13,966 5.517 45,218 64,976 16.200 152,176 11,206 7,289 9,722 10 13,671 32.156 4,671 45.037 57,544 13.222 352,264 346,704 Share of 8oven)anc¢ cosis (see note 6) 1.100 1,000 353.364 347.704 Analy51s by fund Ui)r¢stri¢ied funds Restricted funds 189.958 163.406 194,817 152,887 353.364 347,704 14
ROCK CHRISTIAIN CENTRE NOTES TO THE FILNANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Support costs Support Govern*nee costs C05t5 2024 Support Governance ¢osts costs 2023 Independent ¢xamination fees 1.100 1.000 1.000 1.100 1.100 1.000 1.000 Analysed beThveen Charitable activities 1,100 1.100 1,000 Goveman¢¢ ¢osts includes payment to the independent examiner of £1. I for independent examination feets (2023.. £1,000). O¢her COS includes paym¢nis to the independent examiner of £2,332 12023.. £2,271) for other service5. Lyet movement In funds 2024 2023 Th¢ net movement in funds is stated aft¢r ¢harginW{credilin8)'. Fe¢$ payable for the independent examinaiion of the charity's financial statements Deprecialion of owned tangible fix¢d assets 1.100 11,468 11,2Q6
ROCK CHRISTIAN CENTRE NOTES TO THE FILNANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Employees Number ofemplovees The average monthly number of employees during the year was.. 2024 Number 202.3 Number Staff Trustees 13 12 Employment costs 2024 2023 Wag¢s and salaries Social security costs Oth¢r pension costs 156,436 5.541 2.697 144.296 5,230 2.650 164.674 152,176 There w¢r¢ no employees whose annual remunerdtion was £60.000 or mor¢. TaxAtIo The charity is ¢x¢mpt from iaxation on its activities because all its income is applied for choritable purposes. 16.
ROCK CHRISTIA.Y CENTRE NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 10 Tangible fixed assets Tolgl *#d b[1d1Th Cost At l November 2023 Additions 544.201 45.649 5,358 589,850 5,358 At 31 October 2024 544.201 51,007 595,208 Depreciation and Impairment Ai l Novcmbcr 20?3 Depreciation charged in the year 35.711 6.331 28.680 5.137 64,391 11,468 Al 31 October 2024 42.042 33,817 75,859 Carrying 4mouTrt Ai 31 O¢iob¢r 2024 502.159 17.190 519,349 Ai 31 Ociober 2023 508.490 16.969 525.459 I l Debtor$ 2024 2023 Amount$ falling due within one ye#r: Prepayrnents and accrued income 7.320 7,454 12 Creditors: #mounts falling due wlthin ODe >'ear 2024 2023 Other taxation and social security Accruals and deferred income 2,607 2.707 3,844 3.J39 5,314 7,183 13 Retirement benefit schemes 2024 2023 Defined c•ntribution scheme5 Charge io profit or loss in rp¢¢I of d¢fined contribution schemes 2.697 2.650 17
ROCK CHRISTIAN CENTRE NOTES TO THE FIIYANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 13 Retirement benefit schemes (Conlinued) The charity operaies a defined contribuiion pension scheme for all qualifying employees. The asseis of the scheme are held separately from those of the charity in an independently adminisiered flind. 14 Restricted funds Tlic r¢stricted funds of the charity comprise the unexpcndcd balanccs of donations and grant5 held on trust subject to specific condiiions by donors as to how they may be used. Incomin resources Re50urce5 expended TrAN5fer5 At31 October 2024 oi'ember 2023 Biiilding Fund Foodbank CAP Debi Centr¢ Li¥hilioLise Project 12.515 114.731 4.879 250 (1.4701 1150.6861 (9.3471 (1.9031 22.881 15.7¥8 51.215 33,926 10¥,029 52,836 162 128,196 6.089 1,815 136.100 132.375 (163.4061 89.884 194,953 Prevlous yeAr: Incomlng regourcej Resources expended Transfers At31 October 2023 Noi'ember 2U22 Building Fund Foodbank CAP Debt Centre Lighthoits¢ Projecl 24.750 130.25J 4.211 50 (6.9941 1129.6351 (10.735) (5,523) (17.756) (10.3381 6.093 5.200 137.916 6.520 2,088 128,196 6,089 1,815 146.524 159.264 152.887 (16.801) 136,100 The Building Fund represent5 donatiQTLS and c05ts towards ihe Link Building Project which is currently ongoing and awaiting planning approval. The Foodbank fund represents the income and costs of running the Foodbank. From November 2024. th¢ running of the Foodbank will be taken over by Burngreave Foodbank. a new charity set up during thc year. Thc CAP Debi Centre fund represents tbe income and costs ol tunning the Chris(ians Against Poverty programme. The Lighthouse fund iepie5ent5 the income and cost of njnning the Lighthouse Project. the Charity's prayer and Olitteach programme. 18
ROCK CHRISTIAN CENTRE NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 15 Unrestricted funds The unrestricted funds of the chariry comprise the unexpended balances of donations and grants which are noi subject to specific conditions by donors and grantors as to how they may be u%ed. These include dcsignatcd funds which have been sei aside out of unrestricted fvnds by the tSteeS for specific purposes. Incoming resources Resource5 expended Transfers Aijl October 2024 Lyoi'ember 2023 Gener)I funds 640.8118 224.209 1189.958} 189,884) 585.255 Prevlous year: Atl Nos'ember 2022 In¢omln8 resources Resources expended Transfers At31 October 2023 General funds 620.934 197.970 1194.f117) 16,801 640,888 19_
o c o
ROCK CHRISTIAN CENTRE NOTES TO THE FILYANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 17 Related party. transactlons Salaries and pension coniribuiions totalling £74.26512023: £72.3501 were paid co Mr J C Watts and Mr P J Hunt, trustees of the charity during the year. Diiring the year £nil (2023.. £nil) was reimbursed to trustees for trnvel. training and entertaining visiting speakers.