REGISTERED CHARITY NUMBER: 1169786 Alive Ci Church Financial statements For the eriod ended 30 June 2024
Alive Ci Church Contents of the Financial Statements For the Period Ended 30 June 2024 Page Charity inforniation Report of the trustees Statement of trustecs responsibilities Independent examiner's report Statement of financial activitics Balance sheet Notes to the financial statements Detailed statement of financial activities 8-13 14
Alive Ci Church Chari Inforniation For the Period Ended 30 June 2024 CHARITY NUMBER: 1169786 GOVERNING INSTRUMENT: Foundation Model Constitution REGISTERED OFFICE: . 31 Newstead Rise Catherham CR3 6RS TRUSTEES: Mr Lemuel Boateng Mrs Golda Boateng Ms Isabelle Malou Ms Priscilla Williams-silvera REPORTING ACCOUNTANTS: Rishworth Baxter Accountants 26 Cheapside Wakeficld W¢st Yorkshire WFI 2TF Santander UK PIC 2 Triton Square Regent's Place London NWI 3AN Page I
Alive Ci Church ort of the Trustees For the Period Ended 30 June 2024 The trustees present their report with the financial statements of the company for th¢ period ended 30 June 2024. The infonnation set out on page I fornis part of this report. OBJECTIVES AND REVIEW OF PROGRESS AND ACHIEVEMENTS Services for adults and children throughout the wcck to engage members and increase fellowship and understanding of the bible •Hold weekly in person Sunday services to serve the local Purley community with energetic music and an inspiring message to encourage and uplift those who attend. •Hold online and in person midweek groups such as bible studies, prayer meetings, women and men focussed groups to give people the spac¢ to cxplore and dive deeper in the bibl¢ and its teachings. .Wcekly Kids Church - providing young children between 3 - 1 O years old teachings on the bible and once the first lockdown started giving them weekly opportunities to connect with other children, can and have fun together. .Weekly Youth sessions - empowering, encouraging and equipping our youth members I1- 18 years old to live full and active lives in Christ. Our youth leaders working closely with the young people with support from parcnts and guardians to discuss, learn and dive deep into all topics from a biblical perspective Provide support to the community through a variety of pastoral care initiatives and events .Counselling including martial, mental health and young people •Supporting individuals and families from the communities financially where required .Community events around Christians holidays - Summer Family day, Summer RetreaL Carols Night & Easter Fair. •Evangelism - members of the church going out on the streets speaking to the local community about the needs and how we can support them •Prayer support line - through in person and online prayer meetings •Partnering with other local churches - running Christianity Explored for the local community to explore the Christian faith The objectives for the forth-coming period are: •Services for adults and children throughout the week to engage members and increase fellowship and understanding of the bible .Provide support to the community through a variety of pastoral care initiatives and events ORGANISATION The Church is a registered Charity under number 1169786. It is run by appointed trustees. RESERVES POLICY AND RtSK MANAGEMEIYT Projects, whether entailing capital or revenue expenditure. are not initiated until funding is committed. At present, dontions are the main source of income for specific projects. General reserves at 30 June 2024 are £62,246. The trustees aim to maintain suificient reserves to enable all current projects to be completed and the Church to increasc fellowship and understanding of the bible. Page 2
Alive Ci Church ort of the Trustees For the Period Ended 30 June 2024 AGENTS AND ADVISORS The reporting accounts are Rishworth Baxter Accountants. The bank accounts of Alive City Church are maintained at the London branch of Santander UK PIC. REVIEW OF FllqANCIAL ACTIVITIES AND AFFAIRS The accounts comply with statutory requirements, the governing document and the SORP relating to charities. Full details of the financial transactions are contained in the attached accounts. The total incoming resources for the period was £150,426 and after deducting resources expended of £117,876 the net excess income was £32,550. ACCOUNTS The attached statement of account complics with the Charities Act 1993, the Statement of Recommended Practice 2000 and the chaTity's governing document. SIGNED ON BEHALF OF THE TRUSTEES G Boateng - Trustee Date: Page 3
Alive Ci Church Statement of Triistees, res onsibiliti¢s For the Period Ended 30 Julie 2024 Charity law requires to prepare Financial Statcments for each fInancial year which give a true view of the state of affairs of the Charity and of its financial activitics for that period. In preparing those Financial Statements the Trustees are required to.. a) Select suitable accounting policies and then apply them consistently: b) Make judgments and estimates that are responsible and prudent. c) State whether the policies adopted are in accordance with SORP2000 and with applicable accounting standards, subject to any material departures disclosed and explained in the Financial Statements. d) Prepare the Financial Statements on the going concern basis unless it is inappropriate to assume that the Charity will continue operating. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the Financial Statements comply with the Charities Act 1993. They arc also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities. Page 4
Alive Ci Churcli ortin accountants re ort to the Trustees of Alive Ci For the Period Ended 30 June 2024 Church I report on the accounts of thc Charity for the period ended 30 June 2024 which are set out on pages 6 to 10. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND REPORTING ACCOUNTANT As the Charity's Trustees you are responsible for tlie preparation of the Accounts- you consider that the audit requirement of Section 43 (2) of the Charities Act 1993 does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 43 (7)(b) of the Charities Act, whether particular matters have come to mv attention. BASIS OF REPORTING ACCOUNTANTS REPORT My examination was carried oiit in accordance with the General Directions given by the Charity Commissioners. 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 sceking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express any audit opinion on the view given by the Accounts. REPORTING ACCOUNTANT'S STATEMENT In Connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements a) To keep accounting records in accordance with Section 41 of the Charities Act 1993. b) To prepare Accounts which accord with the accounting records and to comply with the accounting requirements of the Act. have not been met, or to which, in my opinion, attention should be drawn in ord¢r to enable a proper understanding of the accounts to be reached. Date.. Rishworth Baxter Accountants 26 Cheapside Wakefield WFI 2TF Page 5
Alive Ci Churcli Statement of Financial Activittes For the Period Elided 30 June 2024 Unrestricted Restricted Funds Funds Total Funds Prior Year Funds Notes INCOME AND ENDOWMENTS Donations and legacies Other trading activities 150,426 150,426 79,758 Total 150,426 150,426 79,758 EXPENDITURE ON Charitable activities 117,876 117,876 67,338 Total 117,876 117,876 67,338 NET INCOMING I OUTGOING RESOURCES 32,550 32,550 12,420 RECONCILIATION OF FUNDS Total funds brought forward 29,696 29,696 17,276 TOTAL FUNDS CARRIED FORWARD 62,246 62,246 29,696 The notes form part of these financial statements Page 6
Alive Ci Church Balance Sheet For tlie Period Ended 30 June 2024 Notes 2024 2023 FIXED ASSETS Tangible assets 17,751 14,461 CURRENT ASSETS Cash at bank Othcr debtors 33,582 11,767 45,349 16,156 450 16,606 CREDITORS Amounts falling due within one year 854 1,056 NET CURRENf ASSETS 44,495 15,550 TOTAL NET ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 62,246 30,011 CREDITORS Amounts falling due after more than one year 10 315 NET ASSETS 62,246 29,696 Unrestricted funds 62,246 29,696 TOTAL FUNDS 62,246 29,696 These financial statements were approved by the Trustees on Sied on their behalf by.. Trustee The notes form part of these financial statcments Page 7
Alive Ci Church Notes to the accoiints For the Period Ended 30 June 2024 I. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity und¢r FRS 102, havc been prepared in accordance with the Charities SORP (FRS 102) '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 l January 2019),, Financial Reportiiig Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 201 l. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendithre Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregatc all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life at a rate of 25 % reducing balance. Taxation The charity is exempt from tax on its charitabEe activities. Fund accounting Unrestricted funds can b¢ used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions artse 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 the notes to the financial statements. Hire purchase and leasing commitments The interest element of these obligations is charged to the Statement of Financial Activities over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. Page 8 Continued...
Alive Ci Church Notes to the Accouiits - continued For the Period End¢d 30 June 2024 2. DOIYATKONS AND LEGACIES Unrestricted Restricted Funds Funds Total Funds Prior Year Funds Donations Gift aid Grants Income Offerings 26 4,000 65,626 10,106 36,000 102,357 12,069 36,000 102,357 12,069 150,426 150,426 79,758 3. OTHER TRADING ACTIVITIES Unrestricted Restricted Funds Funds Prior Year Funds Total Funds Retreat 4. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023. S. STAFF COSTS The average monthly number of employees during the year was as follows.. 30.06.24 45 30.06.23 20 Volunteers during the year No employees received emoluments in excess of £60,000. Page 9 Continu¢d...
Alive Ci Church Notes to the Financial Statements - ¢ontinued For thc Period Ended 30 June 2024 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Funds INCOIVIE AND ENDOWMENTS FROM Donations and legacies Other trading activities 79,758 EXPENDrruRE ON Raising funds 67,338 NET INCOME 12,420 RECONCILIATION OF FUNDS Total funds brought forward 17,276 TOTAL FUNDS CARRIED FORWARD 29,696 7. FIXED ASSETS Instruments and ui COST At l July 2023 Additions Disposals 29,103 9,802 1,107 At 30 June 2024 DEPRECIATION At l July 2023 Charge for Year Disposals 37,798 14,641 5,917 512 At 30 June 2024 I¥ET BOOK VALUE At 30 Junc 2023 20.046 14,462 At 30 June 2024 17,752 Page lo Continued...
Alive Ci Church Notes to the Financial Statements - continued For the Period Ended 30 June 2024 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.06.24 30.06.23 Other debtors 11,767 11,767 450 450 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.06.24 30.06.23 Accruals Hire purchase 540 315 855 540 518 1,058 10. CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 30.06.24 30.06.23 Hire purchase 315 315 11. MOVEMENT IN FufiDS Net movement in funds At 01.07.23 At 30.06.24 Unrestricted funds General fvnd 29,696 32,550 62,246 TOTAL FUNDS 29,696 32,550 62,246 Net movement in funds, included in the above arc as follows: Incoming Resources Movement resources expended in funds Unrestricted funds General fund 150,426 117,876 32,550 TOTAL FUNDS 150,426 117,876 32,550 Pagell Continued...
Alive Ci Church Notes to the Financial Statements - continued For the Period Ended 30 Junc 2024 11. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds At 30.06.23 At 01.07.22 Unrestricted funds General fund 17,276 12,420 29,696 TOTAL FUNDS 17,276 12,420 29,696 Comparative net movement in funds, included in the above are as follows: Incoming Resources Movement resources expended in funds Unrestricted funds General fund 79,758 67,338 12,420 TOTAL FUNDS 79,758 67,338 12,420 A current year 12 months and prior year 12 Tnonths combÉned position is as follows: Net movcment in fvnds At 01.07.22 At 30.06.24 Unrestricted fund$ General fund 17,276 19,887 2,611 TOTAL FUNDS 17,276 19,887 2,611 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming Resources Movement resources expended in fvnds Unrestricted funds General fund 148,921 169,309 20,388 TOTAL FUNDS 148,921 169,309 20,388 Page 12 Continued...
Alive Cit Church Notes to the Financial Statements - continued For the Period Ended 30 June 2024 12. RELATED PARTY DISCLOSURES There wei'e no related paty transactions for the year ended 30 June 2024. Page 13
Alive Ci Church Detailed Statement of Financial Activities Foi. tlie Pcriod Ended 30 June 2024 Unrestricted Restricted Funds Funds Prior Year Funds Total Funds INCOME AND ENDOWMENTS Gift Aid Grants Income Offerings 26 4,000 65,626 10,106 36,000 102,357 12,069 36,000 102,357 12,069 Total incoming resources 150,426 150,426 79,758 EXPEINDITURE Accountancy Fecs Admin & Management Costs Advertising Bank Charges Bank Loan Interest Church Equipment Computcr Expenses Consultancy Fee Dcpreciation of Instruments & Equipment Donations Entertaining Events External Vendors Insurance Kids Church Love Seed Offerings Motor Expenses Pastor Expenses Post & Stationery Profit l Loss on Sale of Tang FA Resources Storage Subscriptions Sundry Expenses Telephone Training Courses I Conferences Travelling Veniie Hire 540 290 45 17 191 7.774 1,186 7,200 5,917 2,574 3,285 4,076 5,480 459 25 540 290 45 17 191 7,774 1,186 7,200 5,917 2,574 3.285 4,076 5,480 459 25 540 110 191 478 1,114 4,820 2,560 6,418 2,940 447 317 2,985 8,758 6,800 1,382 8,211 9.000 1,119 260 2,314 2,899 480 2,244 416 8,211 9,000 1,119 260 2,314 2,899 480 2,244 416 1,408 2,015 480 2,460 460 185 689 19,778 9,564 42,308 9,564 42,308 Total resources expended 117,874 117,874 67,337 IYET INCOMING I OUTGOING RESOURCES 32,552 32,552 12,421 This page does not form part of the statutory financial statements Page 14