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2024-09-30-accounts

Grimsby Trinity Church of the Nazarene

(known as Cornerstone Community Church)

Board of Trustees’ Report For the Year Ended 30 September 2024

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Grimsby Church of the Nazarene Board of Trustee’s Report For the Year Ended 30 September 2024

Index

Board of Trustees Report

Pages 3-6

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Grimsby Church of the Nazarene Report of the Board of Trustees for the year ended 30 September 2024

The Board of Trustees presents its report and financial statements for the year ended 30 September 2024.

Reference and Administrative Information

Charity Name: Grimsby Trinity Church of The Nazarene Charity Registration Number: 1167353 Principal Address: Trinity Hall, Convamore Road, Grimsby DN32 9HR

Board of Trustees

(Chairperson) Rev Robert Barker (Secretary) Mrs Lynda Newbert (Treasurer) Mrs Velma Rooker Mr Arthur George Newbert Mrs Ruth Barker

Holding/Custodian Trustee

Church of the Nazarene British Isles South District (A Charitable Company Limited by Guarantee: Company No 7028764)

Website: N/A

Bankers: TSB, Grimsby

Independent Examiner: Mr Joseph Mayall 5 Simons Place DN35 7UT

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Grimsby Church of the Nazarene Report of the Board of Trustees for the year ended 30 September 2024

Structure, Governance and management

Structure and Organisation

The charitable incorporated organisation (CIO) was set up on 25[th] May 2016 with the registration number 1167353.

Trustee Appointments

The Trustees are elected annually or every two years by the members of Grimsby Church of The Nazarene at the annual general meeting held in January each year.

Governance and Wider Network

The Board of Trustees meets regularly, normally on a monthly basis to consider the work and management of the church and assess and plan the financial and other aspects of the work and direction of the charity.

The church/CIO is a member of the Church of The Nazarene British Isles South District (a Charitable Company Limited by Guarantee, Company No 7028764; Charity No 1133336) which in turn is a member of The Global Church of The Nazarene which has its headquarters in Lenexa, USA.

The CIO is governed by an approved governing constituting document drawn up by Anthony Collins, Charity Solicitors, Birmingham and approved by the Charity Commission for England and Wales and HMR&C. The governing document is based on the Manual of the Global Church of The Nazarene where UK law permits.

Risk Management

The risk management strategy of the church is in a continual process of formulation in response to the changing circumstances that could impact upon the work of the church.

The Board of Trustees, in considering this important task, take direction from on-going discussions with members both internally and through meetings with the Church of The Nazarene British Isles South District and other advisers, adopting appropriate policies as required or as they become necessary to the ongoing work of the church.

Objectives and Activities

Charitable Objectives

The charity has the following objectives:

Public Benefit

The Trustees have had due regard to the Charity Commission guidance on public benefit reporting in deciding what activities the charity should undertake. This report illustrates the activities undertaken to support the public benefit requirement.

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Grimsby Church of the Nazarene Report of the Board of Trustees for the year ended 30 September 2024

Objectives and Activities (continued)

Review of the Year

The aims for the year included:

Significant activities during the period include:

Achievements during the period include:

Volunteers

The work planned activities undertaken and achievements attained would not have been possible without the active involvement and hard work of all of the members and friends of the charity, without whom the substantial work of the charity could not be realised. The Board of Trustees is grateful for the work and support of all the members and friends of the Grimsby Church of the Nazarene, known as Cornerstone Community Church.

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Grimsby Church of the Nazarene Report of the Board of Trustees for the year ended 30 September 2024

Financial Review

Reserves

The charity does not have a policy on reserves as the expenditure and work of the charity is reliant upon the ongoing support, tithes and offerings of the members and friends received at the weekly meetings. The Board of Trustees reviews on a monthly basis the anticipated income and expenditure for the next two to three months in order to ensure the ongoing work of the charity.

Financial Review of the Year

The charity has continued throughout the year to meet and tailor the expenditure it incurs to the income received through rent for use of the building and through the tithes, offerings and donations received. There is much more that the Board of Trustees would like to do, and they continue to explore these and the use of possible grants that may be available to enable these plans to become a reality.

£5,300 of grant money was obtained, and used in the year on a Picket fence for garden safety and a new carpet for the Church.

The Community Outreach Café & Softplay has continued this year, and is still showing itself to be self-sufficient, with an income of £15,570 during the year, and expenses of £12,599, making a larger profit on this year than last, which is great to see.

The overall change in the bank balance this year is an increase of £2,940 which includes £615 of held for various activities. Total change in the church’s account is £3,925 as detailed in the Income & Expenditure report.

Plans for Future Periods

The Board of Trustees meets on a monthly basis to plan and look to the future of the charity.

Declaration

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

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Grimsby Trinity Church of the Nazarene (known as Cornerstone Community Church)

Financial Statement Yr Ending 30[th] September 2024

Income & Expenditure

Cornerstone Community Church of the Nazarene Income & Expenditure A/c Yr Ending 30th Sept 2024

Actual Actual
2024 2023
Income
Offering 7,877 5,571
Gift Aid Offerings 8,130 8,280
Gift Aid Rebate 2,648 2,457
Donations 315 200
Sub Station Rent 331 250
Other 570 50
Grants
Total Income 19,870 16,808
Expenditure
Salary 3,150 3,000
Salary & Gift Aid Admin 84 84
Cleaning 1,345 553
4,579 3,637
Utilities - Church
Gas 2,304 1,145
Elec 2,304 1,592
Water 61 (30)
Telephone & Broadband 472 5,141 433 3,140
Insurance 2,455 2,197
CCL Licence 278
Budgets 1,256 2,703
Tax 100
Auditor 150 3,861 150 5,428
Repairs & Safety Checks 1,170 1,777
Equipment 1,763 1,404
Speaker 175 175
Travel etc 288 379
F&F 110 3,505 2,741 6,477
IT / Printing / Stationery 1,502 835
Misc 882 1,192
Hospitality 681 136
Publicity
Gifts / Donations 480 3,546 1,335 3,498
Building Work 1,628 2,243
NMI Contribution 424 209
Grant over spend 235 151
Suspense Account 318
Fund Trnsfer 2,287 5 2,926
Total Expenditure 22,919 25,106
General Income for Year (3,049) (8,298)

Actual Actual 2024 2023

----- Start of picture text -----
Manse
Rents 4,900 4,015
Less Costs
Management Fees 357
Repairs 1,168
F&F 1,589
Other 455 185
Insurance 442 419
897 3,717
Manse Income for Year 4,003 298
Building Fund
Bld Renovations
Income 1,648 4,115
Donations 20 1,362
Hall Rent 510
Grants
Transfer from Gen Fund 1,628 2,243
Less Payments 1,648 4,115
Renovation Fund Income for Year 0 0
NMI Account
Income 743 782
Collections 320 572
Transfer from Gen Fund 424 209
Less Payments 743 799
NMI Income for Year 0 (17)
Community Outreach & Soft Play
Income 15,570 14,044
Receipts 15,570 14,044
Transfer from Gen Fund
Less Payments 12,599 13,492
Expenses 12,599 13,492
Community Outreach Income for Year 2,971 553
Grants
Income 5,535
Receipts 5,300
Transfer from Gen Fund 235
Less Payments 5,535
Grants Income for year
Total Income for Year 3,925 (7,464)
----- End of picture text -----

Represented by:

b/f 1/10/23 Actuals
£ £
Current A/c b/f 1/10/23 5,254
Banked 56,691
Bank Out (53,751)
Not Presented 78
Cash (171)
Other Funds not included 1,079
c/f 9,179
Change in year 3,925

Grimsby Trinity Church of the Nazarene

(known as Cornerstone Community Church)

Independent Examiner’s Report Yr Ending 30[th] September 2024

Grlmsby Church of The Nazarene Independent Examlners Report to the Trustees for the year ended 30 September 2024 I report on the accounts for the year ended 30 September 2024. Respectlve responslbllltles of trustees and examlner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: i. examine the accounts under section 145 of the Charities Act. ii. to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5}(b) of the Charities Act, and iii. to state whether particular matters have come to my attention. Basls of Independent examlner's statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether Ihe accounls present a Irue and fair. view and the report is limited to those matters set out in the statement below. Independent examlnerfs statement In connection with my examinats'on, rK) matter has come to my attention which gives me reasonable cause to believe thal in. any material respect, the requiremenls: to keep accounting records in accordance with section 130 of the Charities Act; and to prepare accounls vthich accord with the accounting records and comply with the accountirKJ requirements of the Charities Act have rK)t been met; or to which. in my opinion, attention should be drawn in order to enable a proper underslanding of the accounts to be reached. Independent Examiner Mr Joseph Mayall Address 5 Simons Pla￿, DN35 7UT Date 1310212024 Signed: