REGISTERED CHARITY NISMBER: 1171322 REPORT OF THE TRUSTEES AI4D UNAUDITED FINAIYCIAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2024 FOR QUEENS ROAD CHURCH, LIANDUDNO Queens Rdll• CHURCH11 Williams Denton Cvf CharteTed Lertified Accountants Gl&8lvn Ffordd y Parc Parc Menai Bangor Gwvnedd LL57 4FE QUEENS ROAD CHURCH, LLAM)UDP40 COIYTENTS OF THE Fn¥ANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Page Report of the Trustees Independent Examlner's Report ststement of Flnanefial AetAvitie$ Balanee Sheet Notes to the Financial Statements 8 to 12 QUEENS ROAD CHURCH, LLAM)UDNO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The ILiJstees have adopted the provisions of AcL£)unting and Reporting by Charities.. Statement of Recommended Practice applicable to charities prep(win¥ ihar accounts in acL'ordance i¥ith the Financial Reporting Standard applicable in the UK and Republic of Ireland (b'RS 102) (effective l January 2019). OBJECTIVES AND ACTivrriES Obje¢tiv¢s and aims The PuTtKises of the Church, are set out in Paragraph 3 of the Constithtion. The advancement of the Christian faith ill accoTdance with the Basis of Faith. pnmarily. but not ex¢lusii'¢ly, within Llandudno and the surrounding neighbourtLood'. and such other Ch￿l￿ble purw>ses, as shall ll) the opinion of th¢ ¢bari tTUStees. facilitate the work of the Fellowship. provided that such purtM)ses must be CWTied out in 8 m8nn¢r consistent with the Basis of Faith. (3.1.1 & 3.1.2) The purposes of the church as stated above. are fulfilled in a nurnber of ways. The Church primarily achieves these punx>ses through its core activities. These activities are: Sunday morning worship services (which usually include a separate children's work-), a regular youth Bible study every other Sunday evening, mid-week meetings and small home groups that meet in a variety of locations to thdy scripture together and pnry. The Church also holds outreach events throughout the year to reach out into the community WAth the Gospel of Jesus Chri*. Public benefit The TTUStees have taken account of th¢ Charity con￿liSsi0n's guidance on publkc benefit. Core worship servic¢s are held throughout the week and remain open to all n]embers of the public. In addition, special events in the church calendar, such as the Christmas Carol Serniee, are actively promoted within the lucal community to encourage wider partickpation. Queens Road Church continues to collaborate with local organisations to se￿¢ the wider communih-. Notably. we ivork alongside thc fnends of Queen's Park to support events such as the annual Easter Egg I.IunL which brillgs families togethLT in a ￿e1COmIng and inclusive environment. This year. we launched a new outrcach iuitiatiTre called Conncc¢ dcsigncd to offci pcople tll opportunily to explo￿ the Christian faith in a telax¢d and infortnal %Lllinb,. We al80 introduced an additiunal Bible exploration Loursc. upcn to all, hosted in a neutral cale I'L￿lle to ensure acccssibilitv comfort for newcomers. Furthcm]ore. Queens Road Church has c4)ntinued to partner with Hope Church Llanfairfechan to establish a youth Bible sludy 8r()up. ￿,hIch meets fortni8htly and provides a space for young people to engage with Scripture and build COTnmunity. Missions The church has continued to review its mission8ry giving with a focus on increasing ￿vIll8 to a smaller number of Missions. In 20*4 the liming of these donations Changed. causing a decrease in ¢ompRrison to previous }'eaTS. In fj025 the church will conunit to not only increasing our giving to Ihe WO￿ of worldwide missions but will look to reinvigorate the ivay in which we achieN'e better partnerships with mission partDers. We have Teached out to Albanian Evangelical Mission w'ho visited the church in September. Ivho ha￿e put us in touch with a church in Memaliiaj Albania that we hope to partner with in a meaningful Gospel Partnerthip. Page I QUEENS ROAD CHURC￿ LLANDUDNO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 ACHIEVEMENTS AI¥D PERFORMANCE Charitable YdCtivitie8 This Vear marked a significant mile¥(one for Queens Road Church as we celebrated fifty years in our cutrent building. while also honouring over a century of w0￿h1P in Llandudno. The occasion was commemorated in several me8ningtul Wilyts. A special booklet was pioduced. rcfilecting on IhL grace of God oi'er the }'ears. and featuring stories. accounts: and testimonies from both longstaudillg and newcr mcTnbers of the congregation. To fillthei matk the 9]￿lY￿Sary the ch￿h returned to its original meeting place, affectionately as the "tin tab,. and now opetatillg as the T￿0P Caf4 whete we held a thanksgiving service to Gelebrate our hetitsgc and God's continued faIthfi￿ReS& Thtoughoui the yeat. we welcomed a nuEnber of new merllbers into the church famil), including baptismb and regular att¢ndcc%. Our commitment to unity among local churches 21s0 deepened. In Juty. Queenb Road Church joined four other congregations in a Joint prayer gathering for the nation ahead of the snap clecLion. Th¢se partncTships continue to flourish. with plans und¢Thv&v for future joint missions. prayer meetings. and collaborative outrea¢h iniliativ¢s. Outref4¢h In 2024. the church introduced several ll￿¥ outreach initiatives aimed at de¢pening ¢ommunity en8agetnent and creating more op￿rtUnitIeS for people to explore the Cllllstian faith. Seasonal events were expanded to include additional activities during the Easter Egg Hunt and Christm&s period, such as a ¢raft evening, C8mls in the Park, and candlelit carol service, is to maintain savings at a Minimum of 3 months or fixed costs. This has been assesied as £7.500 a month for this accounting peri(d (2023.. £7.500 a month) and has been &￿'erS and to perforni his or h¢r functions in his or her capacity as a tnistee of the CIO in the way he or she decides in good taitb would be most lik-ely to fl￿er the pwposes of the CIO. and (9.1.1) b) to exercise. in the performance of those functions. such care and skill as is reasonable in the circumstances hal￿g regard in particular to: (9.1.2) i) any special knowledge or experkence that he or slke has or holds himseif or he￿lf out as having. and. (9.1.2.1) li) if he or she acts as a ¢harity trnstee of the CIO in the course of a busine&8 or profession. to any special knowledge or experience that it is Teasonable to expect of a person acting ill the coutK of that k.ind orb￿%￿ne$S or ptofes8ion. (9.1.2.1) Indvction and trainiD% of new truytees Training of neil. glld cumt trustees consists of ensurin8 they are kept iJfornied with regards to regulatory cbAnges. They are given access to the n)ost re¢entlv pubhshed Chtirities Commission guidance. The trustees Jn¢et re8ularly througbout the year to review and discuss tbe FKrfoTmance and activities of the charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charitv number 1171322 Principal addre88 Queens Road Craig-)-doll Llandudno CONWY LL30 ITE Page 3 QUEENS ROAD CHURCH, LLAIYDiJDNO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Trustee8 P M I.ladley E Elias (app)inted 9.9.24) T P Dem()re E F Cooper N J Wotherspoon (appoillt￿ 10.2.25) T Wright (resigned 14.3.24) J Eisner (resigned 30.11.24) Independent Examiner Williams Denton Cvf Chartered Certified Accountants Glaslyn Ffordd v Parc Parc Mcndl CFwvnedd 1.1.57 4FE The charity Queens Road Church, Llandudno is often known by a Shorten￿ version of its name. Queens Road Church. The charity is registered with the Ch8rities Commission for England and Wale4 registration number 1171322. Approved by Order of the tx)ard of tvjstees on .. . and signed on its behalf by.. PMHa Paoe 4 INDEPENDE￿ EXAMINER'S REPORT TO THE TRUSTEES OF QIIEENS ROAD CHURCH, LLANDUDNO Ind¢peDdent exaxnlner's report to the tru8tee8 of Qu¢en$ Road Chur¢b, IlandudDO I rep)rt to the charity trustees on my examillation 0£ the ac￿ll￿t5 of Queens Road Chi￿￿ LlondudllQ (the Trust) for the year ella￿ 31 DMnber 2024. RtOPODsibllitiey and basi$ of report As the ch￿lty of the Trust you are responsible for the PlEparation of the accounts in aLKordan¢e witb the r¢quiwn¢nts of the Cbariti&s Act 2011 {'the Act,). I ￿port in resp¢¢t of MJ exarnination of the Tfust's accounts out under Section 145 of the A¢t and in canying out my ¢xJmination I have followed all applicable DiTedions given by the Charity Cs)mti]ission Se¢tion 145(5)(b) of the Act. Independent exwnlner'j ststem¢n¢ I have ¢omplet¢d my &XaMi￿tiOn. l ¢onfm that no mataial matters have (%)me to my 8tt¢ntion in connection with the examination giving me cause to believe that in Sny material respect". accounting records were not kept in respeLt of the as requiTed by Section 130 of the Act. or th¢ accounts do not aeL4)Td with those r￿ordS. or th¢ a￿oUnts do aot cA)mply with the Applicable requim¢llts cOr￿r￿8 the forni 8nd Content of accounts set out in the ch￿ille$ (Accounts end Reports) RewJlati¢)ns 2008 other than ally r¢quir¢ment th8t the accounts give a true and fair view wbich is not a matter considered &s part of an independent examination. I have no concerns atsd have come Rcross no othermatters in ¢oDne¢tion with the examination to which attention A]ouEd be drawn in thi8 ryLYt in ord¢r to enable a proper ullderstsndin8 of the accounts to be reached. Owain Ap Eved The Associotion of Chartered C¢rtifLed Acxountants Williams Denton Cyf charter￿ Certified Accountants Glaslyn Ffordd y Parc Parc Menai Bangor G￿edd LL57 4FE 27 October 2025 P4oe 5 QUEENS ROAD CIIURCH, LLANDUDNO STATEME￿ OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Totsl funds 2023 Total funds Unrestricted fimd Restricted funds Noles INCOME AND ENDOWMENfs FROM Donations and legacies 64,171 64,171 120,531 Envestment income Totsl 79 79 EXPENDTTURE ON Charitable Y4¢tlvitie$ The Advancement of the Christian Faith NET INCOMEI(EXPENDfllJRE) (10249) (10249) 42,782 RECONCILIATION OF FUNDS Total funds brought forward 740,044 740,044 697.264 TOTAL FUNDS CARRIED FORWARD 729 795 The notes forn] part of these financial statements Page 6 QIJEENS ROAD CHURCH. LLANDUDNO BALANCE SHEET 31 DECEMBER 2024 2024 Total funds 2023 Total funds Unrestrict fund Restricted funds Notes FIXED ASSETS I￿gible a&4ets 229J08 229508 223.707 CIJRRENf ASSETS tkbtors Cash at bank 8J]d in hand 16573 486 16573 27,903 512617 503,018 503,018 540.520 CIiEDrroRS Amounts falling due within one year io (2,731) (2,731) (24.183) NET CURRENf ASSETS 500 516 337 TOTAL ASSETS LESS CURRENT LIABILITIES 729,795 729,795 740.044 IYET ASSETS 729.795 729 795 740 044 Unrestricted funds 740 044 TOTAL FUl￿s 729 795 740 044 The financial statements were approved by the Board of Trustees ond &uthorised for ASSU¢ on E F Cooper- Tn￿¢¢ The notes fonn part of these fmancial statements Palle 7 QUEENS ROAD CHURCH, LLANDUDNO NOTES TO THE FINANCIAL sTATEmE￿s FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTllYG POLICIES Basly of preparing the fmancial stalemebts The financial statements of the charity, which is a public benLfit entity under FRS 102. have been prepatcd in aLcordance iiith the Charities SORP (FRS 102) 'AccountlDg and Reporting bv Charities.. StateML￿t of Recommended Practice applicable to chatities pwating thcir occounts in accordance with thL Financial Reporting Standard applicable in the UK and Republic of IrL"land (FRS 102) (cffective l January 2019),, FinanciaE Reporting Stand8￿ 102 'The FitEallcial Reportinb, Siandard applicable in the UK And RepubliL of treland, and the Charilies Act 2011. The fjnancial statLznents have been piepared under the historical cost convention. The ttustees consider that there are no rnateTial uncertainties about the ch8rity's ability to continue as a going concern. KDcome All income is recosnised in th¢ Stat¢m¢nt of Financial Activities once the charity has entitlement to the funds. it is probable that the income will be receik'ed and the amount can be measured reliablv. Any Gift Aid amount re¢oiTered on A donation is considered to be part of that gift and is treated as addition to the same fulld as the initial donation unless the donor or the tenns of the appeal have specified otherwise. EipendRture Liabilities ar¢ recognised as expenditure as soon as there is a legal or constrttctive obligation coThLmitting the ¢h8rity to that eKpenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expendi￿re is accounted for on an accruals basis 8nd has been classified llna￿ headings that &ggregate all cost related to the catego4'. WThere costs cannot be directly attributed to particular headings they haTre ￿en allocated to actilllties on a basis consistent with the use of Tangible r￿ed assets Dq)reciation is provided at the folloiwing annual rates in order to write off each asset over its eslimated useful life. Freehold propety ComputLT equipment not provided Straight line over 3 years Taxation The charit5p is ¢Ne￿pt fiom tax OD its chaTitabl¢ activilies. Fumd accounling Unr¥xtricted funds can be used in accordance with the charitsble objectkves at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the Gharity.. Restrictions arise when specified by the donor or when funds are raised for partL"cular restricted pu￿Oses. Further explanation of the nalMre and purpose of each fund is included in the notes to the financial st&temenls. Pen$lon costs and other p05t-retirement benefrt8 The chariti, opcrates a defined contribulion pcnsion 8Ghcme. Contribulions pa}Table to the charity's pension scheme are Charged to the Statement of Fin8ncial Activities in the period to which thej relate. Donated good$ and s¢nryces The charity b¢nefits greatly from the involvement and support of its many volunteers. In accordance with Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in tbe accounts. Donated services have not been reGognised in the accounts either because they ate not rnaterial or cannot be measured reliably. The Charity does not receive (bnated gods. Page 8 ntinued... QUEENS ROAD CHURCH, LLAM)UDNO NOTES TO THE FINAJYCKAL STATEMENfs - coxtitiutd FOR THE YEAR ENDED 31 DECEMBER 2024 INVESTMENT INCOME 2024 2023 D¢posit account interest OTHER MlJyloDar) Glfts Grants were made to the following Christian Organisation￿ There were no grants made to individuals in the ¢urent or Prior fmancial year.. 2024 12 125 2023 1,200 1.200 L18ndudno Youth For Christ Lib￿U$ Baptist Church Latin Link. A.E.M {Albani8n Ev8ngeli¢al Mission) S.G.A (Slavic Gospel Association) M.E.R.F (Middle East Reforn]ed Fellowship) U.B.M (United Beach Missions) A.E.C.W (Associating Ei'angelical Churches of Wales) i.tM)o 350 3iO 120 200 2￿) Total ILYDEPENDENT EXAMINER'S REMUNERATIO 2024 2023 Independenl Liamination TRUSTEESt REMUNERATION AIID BENEFtTS The key management ￿rSonnel of the charity comprises the trustees and elder4 two of whom were employees of the charity throughout the year. These employees were paid in relation to theit Toles as Pastor and Associate Pastor. gnd not as trustees. No lrnstee received payment for professional or other services supplied to the cknty. Trustees, expense$ There were no trustees, expenses pald for the year ended 31 December 2024 nor f()r the ended 31 December 2023. Page 9 continued... QUEENS ROAD CHURCFL LLaNDUDNO IYOTES TO THE FINANCIAL STATEMENTS - eonthiued FOR THE YEAR ENDED 31 DECEMBER 2024 STAFF COSTS 2024 2023 Wages and salaries Social security costs Other pension costs 65208 1,542 64.798 3,?40 70 68,038 The average monthly number of employees during the vear was as follows: 2024 2023 Associate Pastor No employees received emolujnents in excess of £60,(K)O. COMPARATIVES FOR THE STATEMENf OF FINANCIAL Acf1v￿IEs Unrc%tricted lund Resiricted funds Total funds INCOME AIYD ENDOWMENTS FROM Donations glld legacies 120.531 I20,531 Investment income Total 138,506 EXPENDrruRE ON Ch*ritable activities The Advancement of the C1￿1St1&n Faith 95.7?4 IYET INCOME 42,782 42,782 RECONCILIATION OF FUNDS Total funds brought fonvard 697.262 697,262 TOTAL FUNDS CARRIED FORWARD 740 044 Page 10 continued... QUEENS ROAD CHURCIL LLANDUDNO NOTES TO THE F￿￿ANCIAL STATEMENfs - CODlinued FOR THE YEAR ENDED 31 DECEMBER 2024 TAI¥GIBLE FIXED ASSETS Freehold property Computer equiprnenl Totals COST At l January 2024 Additions 220ffi79 4J193 224.772 At 31 December 2024 227 DEPRECIATION At l January 2024 Ch8rge for year 1065 1,065 At 31 December 2024 NET BOOKVALUE At 31 December •024 227 229J08 At 31 December 2023 220.679 3.028 223,707 DEBTORS: AMOUNTS FALLING DUE wfTHllY ONE YEAR 2024 2023 Oth¢r debtors Prc'paJm¢nts and a¢cru¢d in¢om¢ 99() 16 27.C)03 io. CREDTtORS: AMOUNTS FALLING DUE WITHIN OIYE YEAR 2024 2023 T￿lItiOn and social s¢¢wity Other creditors $30 1,29l 24.183 11. MOVEMENT IN FIINDS Net movement in funds At 31.12.24 At 1.1.24 Unrestrictsd fvnd$ General fllnd 740044 (10249) 729,795 TOTAL FiIM)S 740 044 729 795 Page 11 continued... QUEENS ROAD CHURCH, I￿Al￿[1D￿0 NOTES TO THE FJF4ANCIAL STATEMEiYfs - continued FOR THE YEAR ENDED 31 DECEIVIBER 2024 ii. MOVEMKNT IN Fi]fiDS - continued Net movement in funds. included in the above are as follows: Incoming resources Resollr¢es expended Movement in funds Unrestricted funds G¢nital fund 79954 (90303) (10249) TOTAL FUNDS 79 Comparatives for movemelrt in funds Net movement in funds AÈ 31.12.23 At 1.1.23 U￿r￿triCted fund% CIL￿er&I fund 697262 42,782 740.044 TOTALFUIYDS 697,262 740,044 Comparative net movement in fund4 included in th¢ above a]E as follows.. Incoming resources Resources expended Movement in fimds Unrestricted funds G¢n¢ral fund 138.506 (95,724) 42.782 TOTAL FUNDS 138 506 12. RELATED PARTY DISCLOSURES The total amount of donations received from the trnstees, without ¢onditions, during theyear was £12,906 (2023 £11,195) Paqe 12