CHEDDAR VALLEY COMMUNITY CHURCH
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
CHEDDARVALLEYCOMMUNITYCHURCH
FINANCIAL STATEMENTS
31 DECEMBER 2024
Company Registration Number 10135450
Charity Number 1166903
ré I

CHEDDAR VALLEY COMMUNITY CHURCH
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Contents
Pages
Trustees, Annual Report
1-14
Reference & Administrative Information
15
Independent Examiner's Report
16
Statement of Financial Activities
17
Balance Sheet
18
Notes to the Financial Statements
19-27

CHEDDAR VALLEY COMMUNITY CHURCH
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
The Trustees ofthe Cheddar Valley Community Church present their annual report on the affairs of
the Charity, together with the financial statements and Independent Examinels report for the year
ended 31 De￿mber 2024.
Trustees
With the exception of one Trustee, whose appointment date is shown, those named on the page
headed 'Referen￿ & Administrative information, served throughout the year.
The Trustees are also the Directors of the Company. The minimum number of Trustees is four.
Trustees must also be a Member of the Charity (which has the meaning given in section 112 of the
Companies Act 20061. The Trustees have power to appoint a Trustee at any time but only from
amongst Members of the Charity. An individual may only be admitted to Membership of the Charity if
they are also appointed as a Trustee al the same time. They must also sign a declaration of eligibility
and willingness to act as a Trustee before appointment.
Individuals eligible to be appointed as Members {and therefore also as Trustees) must be aged 16
years or over, be current Church participants, subscribe and adhere in belief and lifestyle to the
Statement of Farth set out in our Articles of Association, agree to be appointed as a Trustee as they
become a Member, not be disqualified as a charity trustee by any rule of law or order of any court or
decision of any other body with relevant powers to disqualify individuals as charity trustees.
There must always be at least four Members of the Charity who are also Trustees. A Trustee's offi
automatically terminates if.. they cease lo be a Member of the Charity., are disqualified under company
law from acting as a director,. are othenmise disqualified under charity law from acting as a charity
trustee,. are incapable of managing their own affairs,. are absent without notice from four consecutive
trustee meetings and are removed by a majority decision of the other trustees., resign,. or die.
Investment Powers
The Charity has power to do anything lawful in pursuit of its charitable purposes, subject to any
applicable requirement of the Charities Act 2011 or other applicable statutory provision. The Trustees
have control of the Charity and its funds and assets and are responsible for the management of the
Charity's activities. They may exercise all such powers of the Charity as are not, by the Companies
Act 2006 or by its Articles of Association, required to be exercised by the Members of the Charity.
Subiecl to that, the Trustees have power to invest funds as they see fit.
Constitution, Objects and Policies
The Charity is a Christian Church which is controlled by its Articles of Association and constitutes
company limited by guarantee as defined in the Companies Act 2006. It was incorporated on 20 April
2016 and registered as a charity by the Charity Commission on 4 May 2016. Its charitable purpose is
to advan￿ the Christian religion.
The Charity advances the Christian religion through, for example, various religious activities and
helping those in need. As such, it continues the work done by the former charitable trust of the same
name which began in the 1980s and was formally closed by its trustees on 31 October 2020.

CHEDDAR VALLEY COMMUNITY CHURCH
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
Development, activities and achievements
Overview
Cheddar Valley Community Church benefits the general public, including families, children, young
people, elderly and disabled people and other charities. In achieving its aims, the Charity provides
buildings, services and human resources. It also provides advocacy, advice and information, and gives
gifts to individuals and organisations including other charities and churches.
Thanks to our volunteers
on￿ more, the Trustees would like to thank everyone who volunteered for the Charity during 2024.
Without such willing helpers, very many of the Charity's activities would not have taken place. We are
blessed to have a strong team of volunteers who assist with running group activities, helping with youth
& children's work, welcoming people to our services and setting up events. Our worship and leadership
teams are also formed ofvolunteers, and we are grateful fortheirtime and commitment to the Charity.
Sunday evening meetings
Our primary purpose as a church is to introduce people to Jesus and encourage those in our
congregation to deepen their relationship with him through worship, communion and teaching. Our
Christian faith encourages us to provide support and encouragementtolhose in need, so we also seek
to be outward looking by helping those in this category, both at home and abroad. Our Sunday
Se￿iceS provide a key platform for facilitating these objectives.
We continued to meet on Sunday evenings at Draycott Memorial Hall, situated in a village close to
Cheddar. The eady evening meeting provides an altemab've b'me to worship for many of those in the
community, particularfy for familEs whose chikjren are inVo￿ed in swrting activities on Sunday momings. Our
services are also available to join using Zoom video conferencing technology for the benefit of those
who are unable to get to meetings in person.
During the year, we ran key teaching series, 'Fulfilling our destiny, and 'Transformation'. We looked
at how we can develop to become the people God wants us to be and at how biblical characters were
transfomed by God as a model for how we likewise might be transfomed. We invited a range of people
to speak at these meetings, including those from outside our immediate fellowship, to ensure that we
learn from a wide range of perspectives.
also
continued
our
twcpyear project with Share
Jesus
International I'SJI.,
https.'IAww.sharejesusinternational.comlabouU}. Under the auspices of "The Emmaus Projert we
have been continuing to learn how to share our faith with family, friends and others we encounter in
our work or communities. We have been working with an experienced SJI team member who has
provided us wth training, support and access to a pool of SJI resources. We have been challenged by
the process and hope to continue this journey beyond the ￿r￿year time horizon to truly embed many of
the principles of the course into the church.
Our service on the first Sunday of each month is designated as a family service with a light tea
provided. This has proved to be very popular and the opportunity to fellowship with one another has
been enjoyed by many. We have also encouraged the children to be increasingly involved in this
service, helping them to grow both in confidence and in faith.

CHEDDAR VALLEY COMMUNITY CHURCH
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
We have held a number of alternative Sunday meetings, some labelled as 'Prayer Stations,, where we
take the time to pray for our local community, our nation, the churches we partner with overseas and
other nations throughout the globe.
We were, once again, delighted lo have been able to baptise several people during the year. Baptismal
services are always well attended as a time for celebration when individuals make a public declaration
of their faith in Jesus.
Finally, we particularly enjoyed the Christmas season when we were able to invite visitors to our
Christingle and Carol services.
Our baptismal selv1￿ and Christinqle 2024
Wider church meetings
We have a strong belief that 'church' is much more than a building or a meeting on Sunday evening.
The true definition of church is the community of believers in Jesus, wherever they are gathered. As
such, we enjoyed meeting together in a variety of different contexts, some of which were as follows..
House groups
These smaller group gatherings provide a place to explore faith in Jesus in more depth than could be
done al a Sunday evening meeting and lo help deepen relationships. The groups followed particular
courses and utilised talks from recent conferences as a basis for exploration and discussion. The
groups also provide a social function with, for example, visits to the local garden centre on a monthly
basis to enable newcomers and friends to join.

CHEDDAR VALLEY COMMUNITY CHURCH
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
Prayer meetings
We believe that prayer is vital to the life of the church, enabling us to Connect with God to see his
purposes fulfilled on earth. Prayer is a key component of many of the meetings we hold but specific
meetings also take pla￿ where prayer is the focus. These were primarily on Sunday mornings and
Tuesday afternoons.
During 2024, we also started a monthly mid-week prayer meeting. While numbers tend to be small,
we were delighted to be joined by a Christian couple from outside the church who wanted to pray in
unity with us. We also ran a number of contemplative prayer sessions, some ofwhich were attended
by people from outside the church who were keen to explore this method of praying. Our prayer station
services also afforded the opportunity for people to pray for local, national and international matters.
church.life
This forum was set up to facilitate social interaction and invite people from outside the church to join
us in a more relaxed environment. Evenls in the year consisted of meals, walks and games nights. A
summer BBQ al Winlerhead proved very SUC￿ssful as both an opportunity to personally thank our
volunteers and to bring friends & family from outside the church.
Easter sunrise 2024
CAMEO (standing for Come and Meet Each Other)
This group was set up to support those who are eldedy, lonely or find it hard to get out and about. The
volunteers who run this provide a much-needed opportunity to socialise with others, with the added
joy of a freshly baked cake or scone.
Synergy
This forum provides opportunities for fellowship for those who find themselves alone for whatever
reason. The group typically goes out for walks and meals.

CHEDDAR VALLEY COMMUNITY CHURCH
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
Children and young people
Children and young people are both members ofthe Church now and the leaders and members ofthe
Church of the future. They are essential therefore to the life of every church, and accordingly very
important to us.
Our children and young people's work is led by a member of our Leadership Team. We are very
grateful to them and to the team of around 12 volunteers who help with the work. These individuals
and other members of the congregation put considerable prayer and effort into each child and young
person.
Slaying giants (on more than one occasionll
We were also grateful to Scripture Union {'SU') and their Regional Mission Team Leader for the South
West who provided invaluable support, training, and resources for our people involved with ministry to
children and young people. The team was disbanded by SU late in 2024, hence in 2025 we plan to
continue our relationship with some of the individuals who are now working independently. The main
groups available for young people are Infinity114 to 16 year olds) and Wildfire (9 to 11 year olds). We
also have a group for the under 11 s during Sunday evening meetings.
Infinity had around 10 young people attending regularly, although the numbers reduced as this group
finished their GCSE year. Most of these young people have no church background. This group has
been running for 6 years and much of it is about ongoing relationships and expressing care and interest

CHEDDAR VALLEY COMMUNITY CHURCH
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
in each person. Many ofthe Infinity group effectively graduated from the group in the summer of 2024
when they finished their GCSES. We continue to offer them ongoing meetings and support as they
explore the next phase of their lives.
Wildfire had 15-20 young people aged 9-11 regularly attending the group by the end of 2024. These
are a mix of children from church families across the churches in Cheddar and others with no church
background. We have 4 leaders including one from a different Church in Cheddar. We used resources
provided by Scripture Union which helped the young people to engage with their faith through games,
activities and a 15 minute 'failh slot, which has seen the young people grow in their faith, understanding
of the bible and willingness to pray aloud.
We held a weekend away at the Scripture Union"Go Wild" weekend in Dartmoorforthe Wildfire group
during the year. Vve subsidised the costs to ensure that everyone who wanted lo attend could do so.
The weekend was full of fun and activities, building relationships with each other and with God.
We continued to arrange a free monthly youth event throughout the year called "Infinity & Beyond for
all young people in school years 5+ involving all the churches in Cheddar. We have a team of 7 leaders
from across four churches and welcome young people from all the churches and from none.
Activities have included the ever popular 'nerf and chips, and pancake night when the poor leaders
ended up wearing a considerable volume of marshmallows and squirty creaml A short message at
each event encourages the young people to consider matters relating to the Christian faith. These
meetings provide an important forum for young people lo come togetherfrom across the churches and
know that they are not alone in wanting to explore faith, as well as have some fun. We had about 20
young people attending each time.
Wildfire pancake party and Go Wildl

CHEDDAR VALLEY COMMUNITY CHURCH
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
Activities in the community
Schools
As part of our support for young people, we have for many years helped fund a Chaplaincy post in the
local secondary school (The Kings of Wessex (Kow) Academy). We were pleased to be able to
continue doing that by maintaining the higher level of funding we offered in 2023, and through weekly
meetings for prayer.
We have also reached out to the First and Middle schools in the Cheddar area to see how we can help
them and plan to develop this work in 2025. Encouragingly, our Youth and Children's Leader began
taking school assemblies at a local school in 2024.
Churches together
We continued to play an active part in monthly meetings of church leaders in the Cheddar Valley which
provided support to each other, prayer and discussion of ways lo work together. Our aim is to reach
and support our communities more effectively. Joint events were also held, including a mini pilgrimage
walk from Cheddar to Wells Cathedral with various stops lo pray, and carol singing around Cheddar
together.
Carol singing in Cheddar village and the Pilgrimage
walk
Ukrainian refugees
Sadly, the war in Ukraine and resulting humanitarian crisis continued throughout the year. We
continued therefore lo host a Ukrainian family in our Church Flat, as did families in the Church who
were hosting refugees in their homes. Some of these Ukrainian adults and children also continued to
join us for Sunday meetings and to volunteer and participate in other activities of the Charity. These
included preparing and then running a Ukrainian Christmas event with food in January.

CHEDDAR VALLEY COMMUNITY CHURCH
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
Hardship fund
We recognise the financial challenges experienced by many members of our local community and are
keen to express our faith by supporting them in practical ways. We established a hardship fund for
this purpose some years ago and have donated money from this to help those in need. The fund is
not as well utilised as we would hope so we are keen to expand its use in 2025.
Other events
New Wine Leadership conference
Once again, a significant number of leaders and Trustees from the church attended the New Wine
Leaders, Conference. We also sponsored a younger person to attend the conference. The event
provided a great way to connect with leaders from across the UK and to hear about the ways in which
God is moving in our nation.
New Wine Summer Festival
A small number of church members and their families also attended the New Wine summer festival.
We were able to take time away from our busy lives to leam more about God. The festival also
provided time to fellowship together and to have fun, especially as we were blessed with good weather
this year.
VTh'
IT
Enjoying fellowship at Ihe New Wine Summer Festival
New Wine Ladies, Day
A group of ladies from the church enjoyed a New Wine Ladies, Day in Worcester, which was a lovely
opportunity to worship, pray and to hear about women who are fulfilling their calling, whether
ministering in the church, their families, in charities or in business.

CHEDDAR VALLEY COMMUNITY CHURCH
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
Overseas missions
The Charity has long held some great connections overseas and we were pleased to continue to
support churches in France, Turkey, and Bulgaria. The need for Christian wtness in these countries is
great and it is a privilege to be able to help support this with both finances and with visits which were
primarily undertaken by a former leader of CVCC who has a particular calling to this ministry.
In 2024, the Charity was pleased to sponsor such visits to Fran￿, Turkey and Bulgaria. We expanded
our support for Turkey by giving some financial support to a couple who have connections in the South
Wesl of the UK. This has facilitated in-person meetings wrth a wider section of the Charrty. During a visrt
to Bulgaria, street weddings were a particular feature, together with a large number of outdoor baptisms.
r4.
A street wedding and baptisms in Bulgaria

CHEDDAR VALLEY COMMUNITY CHURCH
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
The Truslees confim that they have had regard to the Charity Commission's general guidance on
public benefit and its supplementary guidan￿ on the advancement of religion for the public benefit.,
and that the Charity benefits the public.
Financial Review & Reserves Policy
The Trustees and Leadership Team closely monitor the Charity's financial position and take
appropriate action if there is deterioration.
Rather than risk putting newcomers off thurchby d¥olingoffering bowls in theirfaces or making regular
appeals in meetings for money, we do not usually take up offerings at meetings unless they are for
specific purposes. We invited such an offering following a talk in 2024 by the founder of LiberateUK.
This is a Community Interest Company which
"envisionlsl a world where vulnerability never becomes exploitation. We are committed to
calching individuals al their most vulnerable moments-before they fall into the traps of
modern slavery, criminal exploitation or abuse.
Despite not holding weekly in-person offerings we were pleased to see that regular unrestricted
offerings to the Church through the banking system were more than we had expected al the beginning
of the year. This was due to the commitment and generosity of those who meet with us, for which we
are very grateful and do not take for granted.
We had created a Designated Fund for future staffing and other needs in 2020, but this had not been
used for some while. The amount in it, though, had fluctuated from month lo month to stabilise the
amount held as Resetve. Accordingly, when agreeing an updated policy on Reserves during the year,
we considered the need for the Fund and decided to abolish it. The contents of the Fund were
thereafter treated as part of our formal Reserve.
Our new policy on Reserves set out the main financial risks we saw, possible coping strategies and
the minimum amount we considered it ne￿$Sary to hold. This was..
Six months, staff and associated redundancy costs.,
b. Three months, expected non-staffing costs excluding Charity donations to others as in item d
below
c. No allowance for items supplied to the Charity under long-term contracts such as two-year
energy contracts. We considered it unlikely that we would have to terminate any of these
contracts. And although such contracts contained penalty clauses in the event of default, the
amounts would be redU￿d to zero as time passed. We recognised that this issue would have
to be looked at again if the Charity's finances became tighter.
d. Similarly, with moral commitments to donate money to some churches and to others which we
made each year. The amounts varied from year to year and would be redU￿d as each year
progressed and the donations were disbursed. This too would need to be reviewed, Ihough, if
the Charity's available money ever fell near to the Reserve figure.
10

CHEDDAR VALLEY COMMUNITY CHURCH
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
With rounding the calculable figures came to £25,000, which was agreed. This amount would be made
up from all the funds held by the Church in net current assets that were not legally committed (even
though they might be notionally committed via the setting of a budgeti.
By God's grace we were more than able to meet this ReseNe figure and have additional money for
operating purposes as our net unrestricted Gurrent assets were £206,901 at 31 De￿mber 2024.
The donations referred lo above implement our commitment to channel fvnds into missions and
community activrties. Ourtarget in any particular year is an amount equal to at least 150/0 of the Church's
unrestricted income in the previous year. In addition to that, we also set aside an amount equal to a
further 5 % of the previous year's unrestricted income, specifically for mainly local situations. Overall,
then, our commitment is 200A of the previous year's unrestricted income.
In 2024, this money enabled us to continue with additional funding for the Schools, Chaplain so she
could spend more time helping the children in the Kow Academy and elsewhere. Assistan￿ and
support were also provided las explained earlier) to churches in Bulgaria, Fran￿ and Turkey. We
were able also to help some individuals in financial hardship. Overall, since setting up our separate
Hardship Fund and inviting contributions to it, we have helped nine families. Over 650/0 of these did not
al the time join us for worship and some still do not. We are alright with that as God is incredibly
generous to everyone without asking or expecting anything in return.
As explained in paragraph 2 of the 2023 Notes to the Financial Statements, we had been notified of
potential income from a future legacy. This income was not included in the 2023 accounts as probate
had not been granted by the end ofthat year.
So, although we knew that some money had been left to the Charity in a will, we did not know how
much. After probate and other procedures had been completed, we received around £139,285 in
October 2024. That was a staggering amount compared to the 2023 unrestricted income of £72,161.
This was only the second legacy we were aware of and we are grateful for both.
Receipt of the legacy enabled us to move forward with improving the rear access road to our premises.
This road had not been adopted by the Council and was thus the responsibility of all the residents with
'frontage' onto it. We sought to enlist help with costs from other owners, but with limited success.
Nonetheless, with their agreement, we engaged contractors to improve the drainage and, in 2025, to
lay tarmac. Ac￿sS to our building is now much safer for everyone and flooding of our premises from
the rear and of nearby homes is less likely. We made clear, though, that in arranging and paying for
most of this work we were not thereby assuming any overall responsibility for this part of Gadd's Lane.
Whilst incredibly welcome, we recognise that the legacy money complicates calculation of our 20 % to
give away as its benefits will be spread over several years, projects and recipients (including some
slaffing costs). That may mean we miss ourtarget in any particular year. But our commitment remains
the same, and is carried fomard in our 2025 budget.
Finally,
we want to record again that none ofwhat we have achieved in this and previous years would
have been possible wilhoullhe generosity and commitment of individuals in the Church whose
regular donations make up a significant majority of the Charity's usual income., and

CHEDDAR VALLEY COMMUNITY CHURCH
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
that the Charity also benefitted from an unquantified but very considerable amount of volunteer
support from our people without which it could not operate effectively. We are very grateful to
them for that, particularly lo those who undertook several roles, and formally thank everyone
who continued or began helping during the year.
Future development
As we look ahead to 2025, we are encouraged by the signs of a 'quiet revival" taking place across the
wider Church, particularly in the lives of young people. In recent years, God has spoken to us
prophetically about our calling to serve and bless children and youth. The testimonies we are now
hearing resonate deeply with these words. Vvhile the Cheddar Valley may nol appearto have the same
dynamics as urban centres experiencing revival among young people, we are beginning to see early
evidence that God is moving here too.
In light of this, the Charity is Committed to deepening ils investment in Children and young people. The
extraordinary legacy we have received recently will be dedicated primarily to supporting this vision.
In previous years, we have either run our own summer camps or subsidised attendance at events
hosted by others. However, this legacy allows us to go much further in 2025. Plans are already in
motion for a larger local festival, open to a wider audience. A proportion of the legacy has been
allocated to this event. Encouragingly, families with no current church connection have already
expressed interest in attending.
Additionally, the legacy enables us to fund a part-time Children's Worker, a significant step forward for
the Charity. This role will focus on strengthening ties with local schools and churches while also
enhancing our internal children's ministry. Following a successful interview process, a candidate was
appointed and will begin the role after Easter 2025. We anticipate that the legacy will sustain this
position for the next three years, after which we hope to fund it through our regular income.
This new appointment will allow us to build stronger relationships with the First Schools in the Cheddar
Valley. At the same time, our Youth and Children's Leader continues to develop links with Faidands
Middle School and the Kings ofWessexAcademy, where we partially supportthe Chaplaincy. Through
these connections, we hope to share God's love more meaningfully with families across our
community.
The Charity remains committed to supporting those in financial difficulty through our Hardship Fund.
While identifying those in need can be challenging, we believe that stronger school partnerships will
help open doors for this vital support.
We will also continue to collaborate with other churches on joint initiatives, such as Infinity & Beyond.
and aim to deepen relationships with Christians in the Valley who are not currently part of a church
community.
Our journey with the Emmaus Project will continue through 2025, helping us to explore new and more
effective ways of introducing people to Jesus. While our fomal involvement with the project is set to
conclude in Autumn 2025, we are eager to carry its momentum forward, especially as we prepare to
welcome new families following the summer festival.
In March 2025, several of our leaders and Trustees will attend the Ekklesia Conference, co-hosted by
the founder of the Emmaus Project. The conference will include round-table discussions that create
space to reflect on how God is moving in our communities and how we might respond.
Recognising the vastness of God's nature and our limited understanding, our first teaching series of
12

CHEDDAR VALLEY COMMUNITY CHURCH
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
2025 will be titled Getting to Know God Better. This series will explore practical ways we can grow in
relationship with Him, including contemplative prayer, Bible study, and action. We also plan to continue
developing opportunities to pray together as a community.
In 2025, the Charity will maintain its commitment to international mission. Leaders will visit our partner
church in France in January, and we will continue to support churches in France, Turkey, and Bulgaria
through both visits and financial gifts.
Finally, some of the legacy funds will also be used to refurbish areas of our main building, ensuring
our space is well-equipped to serve the community in the years to come.
13

CHEDDAR VALLEY COMMUNITY CHURCH
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
ststement of trustees, responsibilities
The trustees (who are also directors of Cheddar Valley Community Church for the purposes of
company lawl are responsible for preparing the Trustees, Report (incorporating the strategic report
and directors, report) and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards, including Financial Reporting Standard 102.. The Financial Reporting
Standard applicable in the UK and Republic of ireland (United Kingdom AC￿pted Accounting
Practi￿}.
Company law requires the trustees to prepare financial statements for each financial year which give
a true and fair view of the state of affairs of the charitable company and of the income and expenditure
of the charitable company for that period. In preparing these financial statements, the trustees are
required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP.,
make judgments and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements., and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charrtable company will continue in business.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracy al any time the financial position of the charitable company and enable them to ensure that
the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hen￿ for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Aug 112025
Approved bytheTrustees on..................................and signed onlheirbehalfby..
Colin Evans, Chair of Trustees
14

CHEDDARVALLEY COMMUNITY CHURCH
REFERENCE & ADMINISTRATIVE INFORMATION
YEAR ENDED 31 DECEMBER 2024
Charity information forthe yearended 31 De￿mber 2024
Trustees
J Cainey (from 8110124)
C Evans
S Hall
PHart
A Mehlig
R Timm
Charity Offices
The Oasis
Tweentown
Cheddar
Somerset
BS27 3JB
Independent
Examiner
Joshua Kingston BSC., ACA
Burton Sweet Limited
The Clock Tower
5 Farleigh Court
Old Weston Road
Flax Bourton
Bristol
BS48 1UR
Bankers
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME194JQ
Kingdom Bank Ltd
Media House
Padge Road
Beeston
Nottingham
NG9 2RS
Lloyds Bank plc
25 Gresham Street
London
EC2V 7HN
Monmouthshire Building Society
Monmouthshire House
John Frost Square
Newport
NP20 1PX
Registered
Numbers
1166903 (Charity)
10135450 (Company)
15

CHEDDARVALLEY COMMUNITY CHURCH
INDEPENDENT EXAMINER'S REPORT
YEAR ENDED 31 DECEMBER 2024
Independent examiner's report to the trustees of Cheddarvalley Community ChU￿h I'the Company,)
I report lo the charity Iruslees on my examination of the accounts of the Company for the year ended 31
December 2024.
Responsibilities and basis of report
As the charity's trustees of the Company land also its directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006
I'the 2006 Act'l.
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's
accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Acl'l. In carying out my
examination I have followed the Directions given by the Charity Commission under section 14515) Ibl ofthe 2011
Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause lo believe..
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act,.
or
the accounts do not accord with those records., or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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., or
the accounts have not been prepared in accordance with the methods and principles of the Statement
of Recommended Practice for accounting and reporting by charities applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland IFRS 1021.
I have no concems and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understsnding of the accounts to be reached.
ockkn
Joshua N Kingston Bsc., ACA
Burton Sweet Chartered Accountants
The Clock Tower
5 Farleigh Court
Old Weston Road
Flax Bourton
Bristol BS48 1 UR
Date..
Aug 11 2025
16

CHEDDAR VALLEY COMMUNITY CHURCH
STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)
YEAR ENDED 31 DECEMBER 2024
Unrestricted Restricted Totsl Funds Total Funds
Funds
Funds
2024
2023
Note
Income from:
Donations and legacies
Charitable activities
Investments
Other Income
210,216
60
2,903
100
4,917
215,133
60
3,011
100
83,867
1,782
784
108
Total income
213,279
5,025
218,304
86,433
Expenditure on:
Charitable activities
70,224
5,370
75,594
101,936
Total expenditure
70,224
5,370
75,594
101,936
Net incomel(expenditure)
for the year
143,055
{345)
142,710
{15,503}
Transfers be￿een funds
12
400
{400)
Net movement in funds
143,455
{745)
142,710
{15,503}
Reconciliation of funds:
Total funds brought fonmard
12
390,587
3,224
393,811
409,314
Total funds carried forward
12
534,042
2,479
536,521
393,811
The Charity has no recognised gains or losses other than the results for the year as set out above.
Prior year comparatives are set out in note 8.
The notes on pages 19 to 27 form part of these financial statements.
17

CHEDDAR VALLEY COMMUNITY CHURCH
BALANCE SHEET
AS AT 31 DECEMBER 2024
Company Number: 10135450
2024
2023
Note
Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
327,141
327,738
10
3,467
210,273
213,740
4,492
68,452
72,944
Creditors: Amounts falling due
within one year
Net current assets
11
(4,3601
(6,871)
209,380
66,073
Net assets
536,521
393,811
Funds
Unrestricted funds
General funds
Designated funds
Restricted funds
13
13
13
534,042
362,738
27,849
3,224
2,479
Total funds
13
536,521
393,811
For the year ending 31 December 2024 the company was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The directors acknowledge their responsibilities for complying with the requirements of the Act wth
respect to accounting records and the preparation of accounts
The members have not required the company to obtain an audit of its accounts for the year in
question in accordance with section 476 of the Companies Act 2006.
The members have not required the company to obtain an audit of its accounts for the year in
question in accordan￿ with section 144{2} of the Charities Act 2011.
These accounts have been prepared in accordance with the special provisions of Part 15 of the
Companies Act applicable to small companies subject to the small companies regime and in
accordan￿ with FRS102 SORP.
These financial statements were approved by the Trustees on
their behalf by..
Aug 112025
and are signed on
Colin Evans
Chair of trustees
The notes on pages 19 to 27 form part of these financial statements.
18

CHEDDAR VALLEY COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
l Accounting policies
(al Basis of preparation
The financial statements have been prepared in accordance with the historical cost convention
(except where othe￿ise stated in the accounting policy note) and in accordance with the Statement
of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in
accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 102) issued in October 2019, and the Financial Reporting Standard applicable in the United
Kingdom and Republic of Ireland (FRS 1021, and the Companies Act 2006.
The charity is a public benefit entity as defined under FRS102.
There are no material uncertainties affecting the ability of the charity to continue as a going concern.
(bl Income
Income is recognised when the Charity is entitled to the resources and the amount can be
measured with reasonable certainty. Income is shown gross and with the associated costs shown
(cl Expenditure
Expenditure is included in the Statement of Financial Activities on an accruals basis, inclusive of any
VAT which cannot be recovered.
Charitable activity expenditure comprises those costs incurred by the charity in the delivery of its
activities for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature necessary to support them.
Governance costs include those costs associated with meeting the constitutional and statutory
requirements of the charity and include the fees and costs linked with the strategic management of
the charity. They have been included within charitable activity costs.
(dl Tangible fixed assets
Tangible fixed assets held by the Church which are brought foward were brought into the accounts
at an estimated value as al April 2014, and this was taken as the deemed historic cost. Assets held
at this time, and assets valued at more than £1,000 acquired at a later date are depreciated
according to their estimated useful lives as shown below. That policy was subsequently reviewed
and il was decided to increase this limit lo £1,500 from 1 January 2023. Land and buildings have
also been given a deemed cost and are not depreciated. It is the Trustees, policy to maintain
buildings held for charitable use in such condition that their useful economic life is indeterminate.
The trustees are therefore of the opinion, that this policy, and the location of the property means that
the current residual value of the property is not less that the carrying value in the accounts, and
consequently, no depreciation is charged.
Fixtures and fittings are depreciated at 15 % per annum on a reducing balance basis.
Office Equipment is depreciated at 200kn per annum on a straight line basis.
e) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts.
19

CHEDDAR VALLEY COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
l Accounting policies (continued)
fj Cash and bank balances
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.
g) Creditors
Creditors and provisions are recognised where the charity has a present obligation resulting from a
past event that will probably result in the transfer of funds lo a third party and the amount due to
settle the obligation can be measured or estimated reliably. Creditors and provisions are normally
recognised at their settlement amount after allowing for any trade discounts due.
h) Fund accounting
Unrestricted funds can be used in accordance with the charitable objects at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in note 12 of the financial
statements.
2 Income from Donations and legacies
Unrestricted Restricted Total Funds
Funds
Funds
2024
Donations
Gift aid tax refunds
Grants received
Legacies
53,176
10,955
6,800
139,285
4,668
249
57,844
11,204
6,800
139,285
210,216
4,917
215,133
Prior year comparative
Unrestricted
Funds
Restricted
Funds
Total Funds
2023
Donations
Gift aid tax refunds
Grants received
51,244
11,274
7,100
11,870
2,379
63,114
13,653
7,100
69,618
14,249
83,867
Total donations received from Trustees, key management personnel and related parties in the year
were £37,44912023'. £43,611).
20

CHEDDAR VALLEY COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
3 Income from Charitsble activities
Unrestricted Restricted Total Funds Total Funds
Funds
Funds
2024
2023
Use of Church rooms
60
60
1,782
60
60
1,782
All charitable activity income in the prior year was unrestricted.
4 Expenditure on Charitable activities
Unrestricted Restricted Total Funds
Funds
Funds
2024
Direct costs
Donations
Youthwork and worship ministry costs
Missionary costs
Church staff costs
Support costs
Establishment costs
Professional fees
Equipment leasing
LI￿nsing and subscriptions
Administration costs
Miscellaneous costs
Depreciation
Independent examiner's fee (see note 51
14,468
4,320
1,304
20,852
5,370
19,838
4,320
1,304
20,852
16,717
576
733
5,771
781
685
597
3,420
16,717
576
733
5,771
781
685
597
3,420
70,224
5,370
75,594
21

CHEDDAR VALLEY COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
4 Expenditure on charitsble activities (continued
Prior year comparative
Unrestricted
Funds
Restricted
Funds
Total Funds
2023
Direct costs
Donations
Youthwork and worship ministry costs
Missionary costs
Church staff costs
Support costs
Establishment costs
Professional fees
Equipment leasing
LI￿nsing and subscriptions
Administration costs
Miscellaneous costs
Depreciation
Accountancy fees
15,207
4,202
14,121
19,329
12,012
2,133
27,219
6,335
14,121
19,329
20,686
731
735
6,434
883
130
1,312
4,020
20,687
731
735
6,434
883
130
1,312
4,020
87,790
14,146
101,936
Donations
Included in donations above are the following..
2024
2023
Grants to institutions
Compassion UK
Centre Chrétien Église Baptist de St Malo
Foundation of Unified Protestant Churches IUPCFI, Turkey
Protestant Churches Foundation (PCF), Turkey
Kutahya Kilisesi, Turkey
LiberateUK CIC
Love Brislol
Open doors
Umut Kilisesi, Bulgaria
Tear Fund
The Kings of Wessex Academy
Share Jesus Inlernalional
Grants to individuals
Grants to individuals from Hardship fund
663
1,320
1,425
4,950
1,180
506
866
4,950
25
100
1,000
600
3,900
500
14,059
2,319
3,900
1,000
893
800
17,737
27,219
22

CHEDDAR VALLEY COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
5 Net incomel(expenditure) for the year
2024
2023
This is stated after charging..
Depreciation
Independent examiner's remuneration
For independent examination
For accounts preparation
Prior year'5 over accrual
Trustees, expenses
597
1,312
2,516
1,240
13361
65
2,680
1,340
55
No remuneration was paid to Trustees during either the current or prior year.
6 Staff costs
2024
2023
Wages and salaries
Pension contributions
20,626
226
19,133
196
20,852
19,329
No employee received emoluments of more than £60,000.
During the year, the average headcount of staff was 2 {2023= 2). The average number of full time
equivalent employees in year was 0.612023: 0.6}
The Trustees consider any individuals land their spouses} who served as a Trustee and / or on the
Church Leadership team to be key management personnel.
The total employment benefits received by key management personnel during the year were
£20,852 (2023.. £19,329).
7 Taxation
The charity is exempt from Corporation tax on its charitable activities.
23

CHEDDAR VALLEY COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
8 Fund Comparatives for the Statement of Financial Activities
Unrestricted
Funds
Restricted
Funds
Total Funds
2023
Income from".
DonationslLegacies
Charitable activities
Investments
69,618
1,782
761
14,249
83,867
1,782
784
23
Total income
72,161
14,272
86,433
Expenditure on:
Charitable activities
87,790
14,146
101,936
87,790
14,146
101,936
Net incomel(expenditure) for the year
115,629)
126
{15,503)
Transfers between funds
{738)
738
Net movement in funds
116,367)
864
{15,503}
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
406,954
390,587
2,360
3.224
409,314
393,811
24

CHEDDAR VALLEY COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
9 Tangible fixed assets
Land and Fixtures and
Buildings
Fittings
Office
Equipment
Total
Cost
At 1 January 2024
At 31 December 2024
325,000
14,274
6,774
346,048
325,000
14,274
6,774
346,048
Depreciation
At 1 January 2024
11,755
6,555
18,310
Charge for the year
378
219
597
At 31 December 2024
12,133
6,774
18,907
Net Book Value
At 31 De￿mber 2024
325,000
2,141
327,141
At 31 De￿mber 2023
325,000
2,519
219
327,738
10 Debtors
2024
2023
Prepayments
Gift aid
2,555
912
3,531
961
3,467
4,492
11 Creditors
2024
2023
other creditors
Accruals and deferred income
Taxation and social security
555
3,756
49
2,838
4,020
13
4,360
6,871
25

CHEDDAR VALLEY COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
12 Movement in funds
Asat
1 January
2024
Asat
31 December
2024
Total
Income
Total
Expenditure
Transfers
Unrestricted funds
General fund
Designated fund
362,738
27,849
213,279
170,224)
28,249
(27,8491
534,042
390,587
213,279
170,224)
400
534,042
Restricted funds
UPCF
Hardship fund
LiberateUK offering
Summer camp
Ekklesia Conferen
Soyak, Turkey
153
3,071
1,422
58
506
1,250
178
150
{1,425)
{800)
{506)
{850)
{178)
{150)
150
2,329
14001
3,224
3,564
{3,909)
14001
2,479
Total Funds
393,811
216,843
174,133)
536,521
Prior year comparative
Asat
l January
2023
Asat
31 December
2023
Total
Income
Total
Expenditure
Transfers
Unrestricted funds
General fund
Designated fund
361,954
45,000
72,161
187,790)
16,413
(17,1511
362,738
27,849
406,954
72,161
187,7901
17381
390,587
Restricted funds
UPCF
New Building Gift
Hardship fund
Summer camp
Ukraine
Turkey/Syria earthquake
Veli, Bulgaria
Soyak, Turkey
114
1,039
{1,000)
153
2,245
3,145
1,395
25
1,094
4,449
3,125
{2,319)
{2,133)
(25)
{1,094)
{4,449)
{3,125)
3,071
738
2,360
14,272
114,146)
738
3,224
Total Funds
409,314
86,433
(101,936)
393,811
26

CHEDDAR VALLEY COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
12 Movement in funds
Restricted funds relate to amounts donated for the purpose of funding youth and other works and
for the purpose of overseas missions.
The designated fund was abolished on 8 October 2024 and the balance was transferred to general
funds.
13 Analysis of net assets between funds
Fixed
assèts
Other net
assets
Total
Unrestncted funds
General fund
Designated fund
327,141
206,901
534,042
Restricted funds
2,479
2,479
327,141
209,380
536,521
Analysis of net assets between funds - prior year
Fixed
assets
Other net
assets
Total
Unrestricted funds
General fund
Designated fund
327,738
35,000
27,849
362,738
27,849
Restricted funds
3,224
3,224
327,738
66,073
393,811
14 Related party transactions
There are no transactions with trustees or other related parties other than those disclosed as
required by the SORP elsewhere in the financial statements.
27