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2024-06-30-accounts

Charity registration number 1168266

Company registration number 10099103 (England and Wales)

DUNSTON FAMILY CHURCH

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

DUNSTON FAMILY CHURCH

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees M J Carlin Mr C R Lowe Mr E Nichols Charity number 1168266 Company number 10099103 Registered office 24 Redesdale Gardens Dunston Gateshead Tyne and Wear NE11 9XH Independent examiner Steven Chambers Gunnell & Chambers Accountants 8 Fellside Road Whickham Newcastle Upon Tyne NE16 4AL

DUNSTON FAMILY CHURCH

CONTENTS

Page
Trustees' report 1 - 3
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7 - 14

DUNSTON FAMILY CHURCH

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2024

The Trustees present their annual report and financial statements for the year ended 30 June 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's Act 2011, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

The main objectives of the charity, which by nature are both annual and long term, are summarised below:

1 To exhort and encourage everyone to accept the Christian faith.

4 To be brought to unity to all who are Christians.

5 To support and encourage approved mission work.

Public benefit

When planning the charity's activities for next year, the trustees considered the Charity Commission's guidance on public benefit and, in particular, the specific guidance on the advancement of religion.

The trustees also considered how the charity had succeeded in delivering it's aims, including public benefit, when reviewing the achievements for the year which are summarised below

Public benefit

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.

DUNSTON FAMILY CHURCH

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

Achievements and performance

Significant activities and achievements against objectives

Dunston Family Church is a diverse congregation meeting at Dunston Activity Centre twice a week. Our members come from the UK, Africa, Iran and financially support the work of the Church. The Church Trustees Board is stable and hardworking and include Church leadership and congregation members.

The emphasis for 2023 and 2024 has been to support members spiritually and emotionally but it also looks outward with much work done amongst children and young people.

The Church works in partnership with local schools and provides children’s activities and teaches social responsibility to ages 5 -11. Plans include a new activity to engage teenagers in 2025.

Teams Life Centre is DFC’s response to poverty and need in the Gateshead area. The building is now 50 years old and resources have been sought to improve the building to guarantee a long-term presence in the Teams. Our calendar is full with wide spreading activities that address poverty, loneliness, food poverty, mental health and drug/ alcohol abuse. The employment of a development worker has helped reach more residents and our Boots on the Ground project meets people in the community and makes links/supports people.

We are very proud of our Multi Agency Hub which allows partners such as Gateshead Council, Citizens Advice, Social Prescribers and Drug and Alcohol support groups to be where people are in an environment which is not intimidating and local.

and local.

Highlights this financial year include:

We could not do any of this without our Grant funders so thank you

Ballinger trust

The National Lottery Community

VCSE Family Hubs

Warms Spaces

Household Support Fund

Financial review

We are pleased to remain financially sustainable but with expenditure of £246,476 in the last year, we are not complacent and are looking freshly at our finances with a view to maximising our sustainability and developing our activities and services.

To ensure ongoing compliance with the law and good practice, we are also reviewing our governance with a view to streamlining our systems and procedures in areas such as safeguarding and health and safety. To this end, we are working collaboratively with the local medical centre and with council officials whose speciality is the development of centres like our own.

Structure, governance and management

The Charity is a company limited by guarantee.

DUNSTON FAMILY CHURCH

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

M J Carlin

Mr C R Lowe

Mr E Nichols

Recruitment and appointment of trustees

Organisational structure

The charity is governed by it's trust deed dated 6th December 1995.

New trustees may be appointed by a resolution passed at a special meeting of the trustees, or by statutory powers.

The Trustees' report was approved by the Board of Trustees.

Mr C R Lowe Mr E Nichols Trustee Trustee

18 March 2025

DUNSTON FAMILY CHURCH

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DUNSTON FAMILY CHURCH

I report to the Trustees on my examination of the financial statements of Dunston Family Church (the Charity) for the year ended 30 June 2024.

Responsibilities and basis of report

As the Trustees of the Charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the Charity 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 the Charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

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

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

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Steven Chambers

Gunnell & Chambers Accountants 8 Fellside Road Whickham Newcastle Upon Tyne NE16 4AL

Dated: 18 March 2025

DUNSTON FAMILY CHURCH

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2024

Unrestricted
Restricted
funds
funds
2024
2024
Notes
£
£
Income from:
Donations and legacies
3
177,694
-
Charitable activities
4
69,828
-
Other trading activities
5
2,887
-
Investments
6
689
-
Total income
251,098
-
Expenditure on:
Charitable activities
7
250,455
-
Total expenditure
250,455
-
Net income and movement in
funds
643
-
Reconciliation of funds:
Fund balances at 1 July 2023
131,629
25,000
Fund balances at 30 June
2024
132,272
25,000
Total
Unrestricted
Restricted
funds
funds
2024
2023
2023
£
£
£
177,694
58,487
60,800
69,828
74,757
-
2,887
2,297
-
689
1,158
-
251,098
136,699
60,800
250,455
141,120
35,800
250,455
141,120
35,800
643
(4,421)
25,000
156,629
136,050
-
157,272
131,629
25,000
Total
2023
£
119,287
74,757
2,297
1,158
197,499
176,920
176,920
20,579
136,050
156,629

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

DUNSTON FAMILY CHURCH

BALANCE SHEET

AS AT 30 JUNE 2024

Notes
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within
one year
13
Net current assets
Total assets less current liabilities
Net assets excluding pension liability
The funds of the Charity
Restricted income funds
14
Unrestricted funds
2024
£
99,688
48,770
148,458
(960)
£
9,774
147,498
157,272
157,272
25,000
132,272
157,272
2023
£
95,188
50,903
146,091
(960)
£
11,498
145,131
156,629
156,629
25,000
131,629
156,629

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 18 March 2025

Mr C R Lowe Mr E Nichols
Trustee Trustee

Company registration number 10099103 (England and Wales)

DUNSTON FAMILY CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

1 Accounting policies

Charity information

Dunston Family Church is a private company limited by guarantee incorporated in England and Wales. The registered office is 24 Redesdale Gardens, Dunston, Gateshead, Tyne and Wear, NE11 9XH.

1.1 Accounting convention

The financial statements have been prepared in accordance with FRS102, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The Charity is a Public Benefit Entity as defined by FRS 102.

The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.

1.4 Income

Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

DUNSTON FAMILY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings 15% reducing balance Computers 15% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

DUNSTON FAMILY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement 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 terminate the employment of an employee or to provide termination benefits.

2 Critical accounting estimates and judgements

In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations and legacies

Unrestricted
Unrestricted
Restricted
funds
funds
funds
2024
2023
2023
£
£
£
Donations and gifts
31,024
20,985
-
Grants receivable
146,670
37,502
60,800
177,694
58,487
60,800
Total
2023
£
20,985
98,302
119,287

DUNSTON FAMILY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

4 Income from charitable activities

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Income
Charitable rental income 55,154 64,762
Income
Sales of services by beneficiaries 14,674 9,995
69,828 74,757
Income from other trading activities
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Fundraising events - 942
Shop income 2,887 1,355
Other trading activities 2,887 2,297
Income from investments
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Interest receivable 689 1,158

5 Income from other trading activities

6 Income from investments

DUNSTON FAMILY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

7 Expenditure on charitable activities

Expenditure Expenditure
2024 2023
£ £
Direct costs
Staff costs 53,269 33,586
Room hire 9,166 48,768
Light and heat 16,711 12,368
Repairs and maintenance 48,188 43,378
Insurance 3,725 3,455
Refreshments 3,979 5,330
Telephone 1,988 2,055
Stationery and printing 4,458 5,435
Depreciation 1,725 2,029
Activities 3,876 9,558
General expenses 21,949 -
Subscriptions 969 2,978
Independent examiners fees 960 960
Donations 74,058 4,899
Other charitable expenditure 5,434 2,121
250,455 176,920
Analysis by fund
Unrestricted funds 250,455 141,120
Restricted funds - 35,800
250,455 176,920
8 Net movement in funds 2024 2023
£ £
The net movement in funds is stated after charging/(crediting):
Depreciation of owned tangible fixed assets 1,724 2,029
9 Employees
The average monthly number of employees during the year was:
2024 2023
Number Number
7 5

DUNSTON FAMILY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

9 Employees (Continued)
Employment costs 2024 2023
£ £
Wages and salaries 53,269 33,586

There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel

The remuneration of key management personnel was as follows:

10 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

11 Tangible fixed assets

Tangible fixed assets
Fixtures and
fittings
Computers
£
£
Cost
At 1 July 2023
31,017
7,118
At 30 June 2024
31,017
7,118
Depreciation and impairment
At 1 July 2023
24,662
1,975
Depreciation charged in the year
953
771
At 30 June 2024
25,615
2,746
Carrying amount
At 30 June 2024
5,402
4,372
At 30 June 2023
6,356
5,142
Debtors
2024
Amounts falling due within one year:
£
Trade debtors
4,500
Other debtors
95,188
99,688
Total
£
38,135
38,135
26,637
1,724
28,361
9,774
11,498
2023
£
-
95,188
95,188

12 Debtors

DUNSTON FAMILY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

13 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
2024 2023
£ £
Accruals and deferred income 960 960

14 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 July 2023
Incoming
resources
Resources
expended
At
£
£
£
25,000
-
-
Previous year:
At 1 July 2022
Incoming
resources
Resources
expended
At
£
£
£
-
60,800
(35,800)
30 June
2024
£
25,000
30 June
2023
£
25,000

15 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 July 2023
Incoming
resources
Resources
expended
At
£
£
£
General funds
131,629
251,098
(250,455)
Previous year:
At 1 July 2022
Incoming
resources
Resources
expended
At
£
£
£
General funds
136,050
136,699
(141,120)
30 June
2024
£
132,272
30 June
2023
£
131,629

DUNSTON FAMILY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

16 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 30 June 2024:
Tangible assets
9,774
-
Current assets/(liabilities)
122,498
25,000
132,272
25,000
Unrestricted
Restricted
funds
funds
2023
2023
£
£
At 30 June 2023:
Tangible assets
11,498
-
Current assets/(liabilities)
120,131
25,000
131,629
25,000
Total
2024
£
9,774
147,498
157,272
Total
2023
£
11,498
145,131
156,629

17 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).