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2023-06-30-accounts

SORP reference
Summary ofihe purposes of The main activities of the trust centred
the charity as set out in its around
demonstrating
God's love and		 care,
governing document mainly to the people of Hitchin and
surrounding
area, but also to the wider
World. This is done both through
the more
conventional
church work and through		 a
variety ofcommuniiy
activities.
Summary
activities		 of the main
in relation to those		 Para 1.17and
1.19		 Activities carried out include:-
purposes for the public 1. Regular gatherings
to worship
and
benefit, in particular, the explore the Christian
faith including
activities, projects or Sunday meetings,
Church At Home,
services identified
in		 the and mid-week
groups.
accounts. 2. Professionally
run Playbox Pre-School.
3. Various weekly youth and children' s
activities and clubs.
4. Specific programmes
and events to
support
men, and women,
including
weekends
away for men and
inspirational
brunches
for women.
5. Support ofvarious international
initiatives to countries such as
Moldova,
Mexico, India, and Uganda.
6. Support to the under privileged
in our
local community,
particularly
through
the food bank (an initiative co-
sponsored
by Churches Together		 in
Hitchin), food parcelslvouchers,
and
Zeo Community
fund.
7. Visiting and meeting the needs of
Senior Citizens,
many ofwhom no
longer have contact with their families.
8. Providing
support,
help and counselling
for marriages
and families,
helping
families to thrive
in life.
9. Support ofthose in poverty and debt,
through
our affiliation to the charity
Christians
A ainsi Poveft
CAP .		 A
CAP Job Club also operates as well as
running
CAP Life Skills and CAP
Money courses.
Statement
confirming
whether
the trustees
have
had regard to the guidance
issued
by the Charity		 Para 1.18 In carrying
out its objectives the CIO has
regard to the guidance
issued
by the
Charity Commission.
Commission on public
benefit
Additional information information (optional) (optional)
You ma choose to include further statements where relevant about:
SQRP reference
N/A
Para 1.38
Policy on grant making
N/A
Para 1.38
Policy on social investment
including program related
investment
Contribution
volunteers		 made by Para 1.38 The CIO relies heavily
volunteers
to carry out
with any church-based		 on unpaid
its objectives, as
organisation.
Whilst there is a small staff team, over 150
volunteers
serve across the various
activities ofthe church giving thousands of
hours each year to be good news to the
local community
and beyond.
Other

SORP reference
Main achievements
in the year have been:-
1.We launched
our new vision and values
Summary
ofthe main
achievements
ofthe charity,		 Para 1.20 to become a disciple-making
movement-
Our vision "We are called to be a
identifying
the difference the
charity's
work has made to
the circumstances
ofits
beneficiaries
and any wider
benefits to society as a
whole.		 passionate
movement
ofdisciples who
make disciples;
loving God, loving others,
and releasing
the transforming
power of
Jesus throughout
the world" alongside 4
new values Closeness
with Christ,
In this
together,
being good news and always
multiplying.
2.Our new rhythm
of meetings as a
gathered
and scattered
church has become
more established
and is growing
in both—
with average Church At Home attendance
growing
from 98 in the Autumn
of2022, to
an average of 149 in the summer
months.
lt's been great to see six people baptised
in
the past year at our Zeo Celebrations.
A
small team of5 have been meeting
this
year for praying,
training
and preparing
the
pilot of new Zeo Communities
(missional
mini churches)
this Autumn.
3.Since Helping
Hands launched
in
September 2022, 28Zeo Members
and 2
friends ofZeo have had loads offun
serving 23 households
in our community.
This equates to over 500 hours, given
freely, to serve and meet the needs of both
our Zeo family and the wider community.
We've also built strong relationships
with
local agencies and shown them that we,
the Church,
really do care about and love
our neighbours.
4.Through
our partnership
with Christians
Against
Poverty, we visited 24 new clients,
ofwhich 14went forward
with the advice
and budget prepared
by head office. 8
clients went debt free with f128,471.11of
debts repaid or written
off. In the almost 9
years since opening the debt centre has
now helped 60clients go debt free with
E1,038,278.49ofdebts repaid or written
off.
5.We spent just over f10,000from our Zeo
Community
Fund to support
people within,
and beyond Zeo. This included
carpet
fitting, Christmas
food hampers,
emergency
food
arcels, famil
outin
s, washin
machine,
tumble
dryer repairs, new
bedroom —plus finances some ofthe work
of Helping
Hands.
6.Sam and Leo, our Zeo Pastors
in
Moldova,
helped
many 1000's of Ukrainian
refugees last year through
food parcels,
housing
in Moldova and placing many
families
with sponsors
in the UK. The
families supported
households
in Zeo
thrived
with some Ukrainian
families
still
connecting
with Zeo. We have
in the last 6
months
worked
in partnership
with Hitchin
Churches
Together to support refugee
families
in the community
with things
like
school uniforms,
clothes for children
and
adults,
Prom outfit etc.
7. Paul and Elaine, our Zeo Pastors
in
Mexico, have built 3houses
with
bathrooms,
plus a school room for the local
community,
alongside
a wider range of
home improvements
for the community
within Leona Vicario. They' ve also
launched
a Saturday
afternoon
family
fellowship
group, our first Zeo Community
in Mexico.
8.An average of30children engaged
in
our Zeo Kids ministry each month,
supported
by a brilliant team. Alongside
this, the team ran numerous
special events
including
the One-Day
holiday last summer
which had 40 kids participating,
including
13from the local community.
PLUS our
brilliant
Playbox team worked
with 27
children
this past year in our preschool.
9.An average of 16young people aged 10-
15engaged
in our Zeo Youth ministry each
month on Sundays,
and around 15young
people aged 15+engaged
in specific
ministry
for them. 33young people came to
Satellites Youth Festival
in August 2022
joining for 2,000 youth from across the
country (and we' re just about to set off on
this year's 2023 festival). It's been great to
see so many ofour young people serve
and lead in the life in the church,
including
3young people preaching
for the first time
on Father's Day.
10. We' re grateful for our pastoral team of
30 people are wonderfully
involved
in a
quietly caring for many
in the Zeo family
who are struggling
with a variety oftough
issues.
Achievements Achievements Achievements against against against Para 1.41
objectives set
Performance offundraising
activities against objectives Para 'iA1
set
Investment performance Para 1.41
against objectives
On the 1?~ March 2024 the Trustees made
Other the decision to permanently
close our
Playbox Pre-School effective 31"July
2024.
Financ ial Review
Review of the charity's Para 1.21 The trustees are satisfied
with the financial
financial position at the end position as at 30'" June 2023.
ofthe eriod
Statement explaining the Para 1.22 It is the intention
ofthe Trustees that ihe
policy for holding reserves Charity should
hold reserves
in the form of
stating
why		 they are held cash to maintain
sufficient free funds (i.e.
total net assets less restricted
funds less
designated
funds less unrestricted
fund
fixed assets) to equate to approximately
three month's
operating
expenditure.
This
is considered
by the Trustees to be an
appropriate
sum given the nature ofthe
Charity's
income.
It is reviewed
annually,
taking
into account planned
expenditure
and income expectations.
Amount of reserves held Para 1.22 8357,000 equating
to approximately:
f.121,500General Reserve
in accordance
with reserve
olic

6235,500 Designated Building Fund
Reserve
Reasons for holding zero Para 1.22
reserves
Details offund materially in Para 1.24 None
deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a going
concern

You ma
choose to include fur		 ther statement s
where relevant about:
The charity's
principal		 Regular and adhoc giving from Church
Members.
sources offunds (including Para 1.47
any fundraising)
Investment
policy and
objectives including
any		 Para 1.46
social investment
policy
adopted
A description
ofthe principal		 Para 1.46
risks facing the charity
Other

Description
ofcharity's
trusts:
Type ofgoverning
document		 Para 1.25 Trust Deed
Itt Ust deed, ro
BI cl1arlerI
How is the charity Para 1.25 CIO
constituted?
;e.g unlncoi pol ated
as:-octatiorl. Cl3)
Trustee selection methods
including
details ofany		 Para 1.25 Recommended
by trustees,
church membership		 approved by
constitutional
provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees

Policies and procedures
adopted for the induction Para 1.51
and training oftrustees
The charity's organisational
structure
and		 any wider Para 1.51
network
with		 which the
charity works
Relationship with any related Para 1.51
parties
Other

Charit name Zeo Church
Other name the charit uses
Re istered charit number 1164774
Charity's principal address Zeo Centre
Bedford Road
Hitchin
Herts
SG5 1HF
ame s ofthe charity tru stees who manage the charity the charity
Trustee name Office (ifany) Dates acted ifnot forwhole
ear		 Name
toa		 ofperson (or body) entitled
oint trustee
ifan
1 Felicity Gorton Chair
2 Matt Summerfield
3 Jumoke Cox
4 Paul Reynard Treasurer
5 Ginette Beeson
6 Sandra Okwara Outgoing (Dec2022)
7 David Lasaki
8
10
11
12
13
14
15
16
17
18
19
20
Funds held as custodian Funds held as custodian trustees on behalf ofothers
Description
of the assets
held in this capacity
Name and objects ofthe
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Details ofarrangements for
safe custody and
segregation
ofsuch assets
from the charity's
own
assets

0
8 Restricted
Unrestricted income Endowment Total this Total last
t0 funds funds funds year year
Fixed assets F01 F02 F03 F04 F05
Intangible assets (Note 15) 801
Tangible assets
Heritage assets		 (Note 14)
(Note 16)		 802
803		 ?37,643 737,643 740,771
Investments (Note 17) 804
Total fixed assets 805 740,7?1
Current assets
Stocks (Note 18) 805
Debtors
Investments
Cash at bank and		 (Note 19)
(Note 17.4)
in hand (Note 24)
Total current assets		 807
805
800
810		 59,274 59,274 74,779
304,596
379,375
Creditors: amounts
falling due within
one year
(Note 20)		 811 5,930 5,930 8,245
Net current assetsl(liabilities) 812 3 1,130
Total assets less current liabilities 813 1,11,901
Creditors: amounts
falling due after
one year (Note 20) 814
Provisions for liabilities 815
Total net assets orliabilities 815 1,011,993 76,606 1,088,599 1,111,901
Funds ofthe Charity
Endowment
funds		 (Note 27) 817
Restricted income funds (Note 27) 818 76,606 76,606 75,696
Unrestricted
funds		 810 I 011993 1,011,993 1,036,205
Revaluation
reserve		 820
Total funds 821 1,111,901
Signed by one or two trustees
on behalf of all		 Date of
the trustees Signature Print Name approval
dd/mm/
2.S /eO- Ac+.
rl&TT 5&~c~rlp~ &5 ofhk
Note 2 Accounting
policies
2.2 INCOME
This standard list ofaccounting
policies has been applied by the charity except forthose ticked "No"or "N/a".
Where a
different oradditional policy has been adopted
then thisis detailedin
the box below.
Recoqnition ofincome These are included
in the Statement ofFinancial Activities {SoFA)when:
~
the charity becomes entitled to the resources;
it is more likely than not that the trustees
will receive the resources; and		 Yes No N/a
~
the monetary
value can be measured
with sufficient
reliability.
Offsetting There has been no offsetting ofassets and liabilities, or income and expenses,
unless required or
permitted
by the FRS102SORP or FRS102.		 No N/a
Yes No N/a
Grants and donations Grants and donations
are only included
in the SoFA when the general
income recognition
criteria are met (5.10to 5.12FRS102SORP).
In the case ofperformance
related grants, income must only be recognised to the extent		 Yes No N/a
that the charity has provided the specified goods orservices as entitlement
to the grant
only occurs when the performance
related conditions are met (5.16FRS102SORP).
Legacies Legacies are included
in the SOFA when receipt is probable,
that is, when there has		 Yes No N/a
been grant ofprobate, the executors have established
that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control ofthe
charity or have been met.
Government grants The charity has received government
grants
in the reporting
period		 Yes No N/a
Gift Aid receivable
is induded
in income when there isa valid declaration
from the donor.
Tax reclaims on Any Gift Aid amount recovered
on a donation
is considered
to be part ofthat gift and		 is Yes No N/a
donations and gifts treated as an addition to the same fund as the initial donation
unless the donor orthe
terms ofthe appeal have specified otherwise.
Contractual
performance		 income and
related		 This is only included
in the SoFA once the charity has provided the related goods or
services or met the performance
related conditions.		 es No N/a
grants
Donated goods Donated goods are measured
at fair value (the amount for which the asset could be
exchanged)
unless impractical
to do so.		 Yes No N/a
The cost ofany stock ofgoods donated for distribution
to beneficiaries
is deemed to be
the fair value of those gifts at the time oftheir receipt and they are recognised
on receipt.		 Yes No N/a
In the reporting
period
in which the stocks are distributed,
they are recognised as an
expense at the carrying
amount ofthe stocks at distribution.
Donated goods for resale are measured
at fair value on initial recognition,
which is the
expected proceeds from sale less the expected costs ofsale, and recognised
in 'Income
from other trading
activities'
with the corresponding
stock recognised
in the balance		 Yes No N/a
sheet.
On its sale the value ofstock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets Yes No N/a
and included
in the SoFA as incoming
resources when receivable.
Gifts in kind for use by the charity are included
in the SoFA as income from donations		 Yes No N/a
when receivable.
Donated services and Donated services and facilities are included
in the SOFA when received at the value		 of Yes No N/a
facilities the gift to the charity provided
the value ofthe gift can be measured
reliably.
Donated services and facilities that are consumed
immediately
are recognised as income		 Yes No N/a
with an equivalent
amount recognised as an expense under the appropriate
heading		 in
the SOFA.
Yes No N/a
Support costs The charity has incurred
expenditure
on support costs.
Volunteer help The value ofany voluntary
help received is not included
in the accounts but is described
in the trustees'
annual
report.		 Yes No N/a
Income from interest, This is included
in the accounts when receipt is probable and the amount receivable		 can es o /a
royalties and dividends be measured
reliably.
Income from membership Membership
subscriptions
received
in the nature ofa gift are recognised
in Donations		 es No N/a
subscriptions and Legacies.
Membership
subscriptions
which gives a member the right to buy services or other		 es o N/a
benefits are recognised as income earned
from the provision ofgoods and services as
inoome from oharttable
aotivities.
Settlement
claims		 ofinsurance Insurance
claims are only included
in the SoFA when the general
income recognition
criteria are met (5.10to 5.12FRS102SORP) and are included as an item ofother
income
in the SoFA.		 Yes No N/a
They are valued at fair value except where they qualify as basic financial instruments.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROIIII
THOSE ABOVE
~ ~ ~
Note 3 Analysis ofincome
Restricted
Unrestricted income Endowment
Anal sis funds funds funds Tata/ funds Prior year
Donations Donations and Ifts 331,230 4,510 335,740 303,851
and legacies: Gift Aid
Legacies		 57,125 57,125 62,912
General grants provided by government/other
charitie
Membership subscriptions and sponsorships
which are in substance donations
Donated qoods facilities and services
Pla box Nurse 73,910 73,910 71255
Total 388,355 78,420 466775 438018
Charitable
activities: Rental income 6400 6400 9200
Events
Grants		 4,235
2,000		 4,235
2,000		 3,058
Other
Total 12,635 12835 12258
Other trading
activities:
Other
Total
Income from Interest income 5,867 5867 2,783
investments: Dividend income
Rental and leasin income
Other
Total 5867 5,867 2783
Separate
material item
ofincome:
Total
Other: Conversion of endowment funds into income
Gain on disposal ofa tangible fixed asset held
forcharit 'sow use
Gain on disposal ofa programme related
investment
Royalties from the exploitation ofintellectual
ro
rtv ri hts
Other
Total
TOTAL INCOME 406 857 78420 485277 453059
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts) E78420 amounts collected for restricted causes.
Where any endowment
fund		 is converted into income in the
reporting period, please give the reason for the conversion.
Within the income items above the following items are
material: lpieaae disclose the nature, amount and any prior
year amounts)
Note 4 Analysis ofreceipts ofgovernment
grants
This year Last year
Description
Government grant 1
Government grant 2
Government grant 3
Other
Total
Please provide details ofany
unfulfilled conditions and other
contingencies attaching to grants
that have been recognised in income.
Please give details ofother forms of
government assistance from which
the;charity has directly benefited.
Note 6 Analysis ofexpenditure Analysis ofexpenditure Restricted Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Anal sis
Expenditure on Grants made 51,967 3,600 55,567 61,716
charitable
activities:		 Tithes 6,190 6,190 5,700
Repairs and maintenance 19,774 19,774 29,829
Events and concerts 8,701 8,701 4,103
Employee costs 251,125 72,114 323,239 324,543
Pension costs 5,946 5,946 6,338
Youth and charity
activities		 5,142 5,142 4,675
Rent and utilities 26,576 26,576 19,189
insurance 7,203 7,203 5,565
Refreshments 3,218 3,218 760
Training 4,073 210 4,283 10,092
Depreciation 12,561 12,561 12,417
Loss on disposals
Bank charges 1,107 1,107 1,068
Printing,
postage and stationery		 1,614 1,352 2,966 3,004
Telephone 2,122 2,122 2,113
Sundry expenses 17,652 1,059 18,711 13,843
Total expenditure
activities		 on charitable 424,971 78,335 503306 504955
Expenditure on
raising funds
Total expenditure on raising funds
Separate material
item ofexpense		 Accountancy
Payroll bureau costs		 2,280
1,769		 2,280
1,769		 4,164
1,848
Legal costs 1,224 1,224 1,224
Total 5,273 5,273 7,236
ONer
Total other expenditure
TOTAL EXPENDITURE 430,244 78,335 508,579 512,191
Analysis of expenditur e
on		 charita ble
activities
Grant
Activity or
programme		 Activities undertaken directly funding
of
activities		 Support
Costs		 Total this
year		 Total
prior year
Activity
1
Activity 2
Other
Total
Prior year expenditure on charitable activities
can be analysed as follows:
Within the expenditure items above the
following items are material: (please disclose
the nature, amount and any prior year
amounts)
accounts and other services provided by
idlenter '0'in theappropriate
your indepe
box(es).		 n dent
examiner		 .
lfnothing
was pa pease This year Last year
Independent
examiner*s fees		 2280 1920
Independent
examiner's fees under provision
in prior		 year 2,244
Assurance services other than audit or independent examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services) paid
to the independent
examiner

11.1 Staff Costs
This year Last year
R
Salaries and wages
Social security costs
Pension costs (defined contribution
Redundancy
costs		 scheme) Total staff costs 288,047
14,327
5,946
20,865
329185		 304,467
20,076
6,338
330881

13.1 Anal ysis ofgrants paid (i ncluded
in cost o		 fcharitable activities )
ran o ran o
Analysis institutions individuals Supportcosts Total
Go Global 22,970 22,970
Evangilism 6,806 6,806
Churches Together 600
Community Fund 13,986
Other 25,791 25,791
Total 44,362 25,791 55,567

Note 14 Tangible fixed assets fixed assets
Please complete this noteif the charity has any tangible gxed assets
14.1Cost orvaluation
Freehold land Other land & Plant, Fixtures, Total
&buildings buildings machinery and fittings and
motor equipment
vehicles
At the beginning
of
the veer		 702,114 85,471 787,585
Additions 1,110 8,323 9,433
Revaluations
Disposals
Transfers *
At end ofthe year 703,224 93,794 797,018
14.2 Depreciation
and		 impairments
Basis None SLor RB SLor RB SL SLor RB Straight Line
("SL")or
Reducing
Balance
**Rate None 10%or20% ("RB")
At beginning
ofthe		 46,814 46,814
veer
DIsposals
Depreciation 12,561 12,561
Impairment
Transfers*
At end ofthe year 59,375 59,375
14.3Net book value
Net book value at the 702,114 38,657 740,771
beginning
ofthe year
Net book value at the 703,224 34,419 737,643
end ofthe year
14.4 Imoalrment
Please pmvide adescription ofthe events and
circumstances
that led		 to the mcognition
or
reversal ofan impairment loss.
14.5 Revaluation
Ifan accounting policy ofrevaluation is adopted, lease
rovide
the effective date ofthe revaluation
the name ofindependent valuer, ifapplicable
the methods applied and significant
assumptions
the canying amount that would have been
recognised had the assets been cerned under
the costmodel.
14.6 Other disclosures
I Please state the amount of borrowing costs,
ifany, esp(lagsed in the construction
oftangible
gxed assets and the capitalisation
rate used.
(e7 Please provide the amount ofcontractual
commitments
forthe acquisition oftangible
ttxed assets.
(gi7
Details ofthe existence and carrying
amounts ofpreperi, plant and equipment to
which the charity has restricted t(t(e orthat are
niedaed as securitv tbr liabilities.
' The Transfers" rowis formovements
between ffxed asset categories.
Pleaseindicate
the method ofdepreciation
by deiedng the method not applicable (SL		 = straight

Trade debtors
Prepayments and accrued income
Other debtors
Total
This year Last year
59,274 ?4,779
59,274 74,779
Trade debtors
Prepayments and accrued income
Other debtors

Amounts falling due falling due Amounts falling due after falling due after
within one year more than one year
This year Last year This year Last year
K
Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts or
performance-related grants
Accruals and deferred income 1,566 3,453
Taxation and social security 4,364 4,792
Other creditors
Total

Gash at bank and in hand
This vear Last vear
E
Short term cash investments (less than 3months maturity date)
Short term deposits
Cash at bank and on hand 297,612 304,596
Other
Total
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