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2025-03-31-accounts

TFW CHURCH

Church Annual Review 2024/25

From the Pastor

Dear TFW Church Family,

It’s that time of year where we once again pause to look back and celebrate the faithfulness of God. As you read through the TFW Annual Report, I hope you will be encouraged and inspired by what has gone and filled with confidence for what is to come.

Many of us have, at one time or another, climbed a mountain. Perhaps you’ve wandered up Snowdon on a blisteringly hot day or trudged up Scafell Pike in the rain. When the going gets tough it’s easy to get discouraged, focussing only on how tired our legs are, or how much the backpack weighs. That is, until we turn around and look back. Only then do we see how far we have come. Is that little dot down there our car? Wow. It’s amazing how much encouragement is produced by looking back. I hope this report provides an opportunity to pause, look back, and celebrate another year of life at TFW.

Of course, 2024/25 was not always easy. No year ever is. We had to support each other through sadness and loss, particularly as we grieved the passing of some of our friends far too soon. At the end of the financial year, we also said goodbye to Josh, Emma, and their children, as they moved on to a new chapter of their lives. However, we have also had some incredible moments. We’ve seen people come to faith in Jesus. We’ve baptised people of all ages. People have got involved in outreaches, raised money for charities, and served cheerfully in teams. We’ve launched our new Christians Against Poverty ministry, partnered with local organisations, and supported our missions’ partners around the world. We’ve prayed together, worshipped together, and learned how to follow Jesus together. And again, we’ve seen our weekly attendance grow year on year.

God is so good, and we give him all the glory for what he continues to do at TFW. Let’s not take for granted the goodness of God. And let’s continue to press in and seek him in prayer. Over the next year there are sure to be challenges. But there will also be testimonies as we seek and follow after God, looking to Him to bless and sustain this vital work.

I want to thank and pay tribute to all the unsung heroes of our church: The Team Leaders, Connect Group Leaders, StaX, Elders, and Trustees. Those who quietly get on with pastoral care. Those who unblock toilets and mow the grass. Those who review policies and sit through finance meetings. Those who plan the rota. Literally hundreds of hours of unseen work happen every week. These guys and girls really are the backbone of the church.

Finally, thank you to all of you who make TFW Church what it is. It is your participation that makes our church a powerful witness in our area. I can’t tell you how many people comment to me on the warm welcome they receive, the love they feel, and the atmosphere they experience at TFW. Thank you for your generous giving which enables us to do so much, and without which we wouldn’t be able to operate. And thank you for the ways you roll up your sleeves and serve with excellence and humility, week in and week out. You, the members, are what makes TFW so special.

It’s a privilege to serve you.

With Love,

Pastor Steve

Tytherington Family Worship Church Annual Report 2024-2025

Page 2

From the Chair of the Trustees

Dear friends,

It is such a blessing that we are all part of a vibrant and growing fellowship of believers. On behalf of the trustees, I would like to acknowledge the hard work and faithful ministries of our pastors, Steve and Josh. Josh has now moved to Leeds and he goes with our blessing as he seeks to serve the Lord in his new role. We continue to pray that God will provide the right people for the roles of Assistant Pastor and Youth Pastor.

As you are aware, we now have three new trustees - Nathan. Bowmaker, Julia Howard and Mark Lawrence - who have all stepped up to serve TFW Church; it is good to have “younger blood” in the leadership.

We have carried out further cosmetic improvements over the last few months as we rolled out the décor into the church lounge; this is a continuing programme as we seek to refresh the meeting rooms and oXices. Energy costs continue to increase, and we are exploring how we can reduce our consumption through more diligent management.

We have been blessed by a growing congregation which has allowed the trustees to balance the books again. In particular we are thankful for the many additional members who have committed to regular giving, and to those who have increased their financial support. Covenanted giving (with or without the extra benefit of gift aid!) helps the leadership to plan ahead as we respond to God’s calling to grow his church here in Tytherington. We are so grateful for your faithfulness.

but we live by faith and know how good God has been in blessing us as a church

As you know, I advised the trustees of my intention to step down from oXice at the year end. It has been a real privilege to be a part of the TFW Church leadership team over the last seven years. However, I have needed to take stock of the growing family pressures which take Jane and I away more frequently than used to be the case. But I leave the board of trustees in a very healthy state, and particularly thank Karen Wilson not only for her devotion to the financial aspects but for now agreeing to take on the role of chair of the trustees. She has excellent credentials to lead the team and will guide the church through whatever issues and situations may arise. I am not going anywhere(!) and will continue to serve the church in matters of facilities management with a small team of enthusiastic volunteers.

It just remains for me to reiterate my thanks to all the congregation for their support and the other members of the leadership team for their encouragement.

May God continue to bless his church in this place.

Every blessing

Steve Clare (Chair of the Trustees)

Tytherington Family Worship Church Annual Report 2024-2025

Page 3

TFW Church Vision…

Our Vision serves as a compass for our journey, enabling us to evaluate everything we do and stay focussed on our call.

The TFW Church vision is to…

love our community gather around the good news of Jesus in our faith grow

live to make a difference

Here’s how we have been achieving our vision in the past year…

Connect… @ TFW

Tytherington Family Worship Church Annual Report 2024-2025

Page 4

Connect… on Sundays

We believe in the value of gathering together.

As a church family we enjoy getting together to celebrate our Saviour and to encourage one another in our faith. We do this in a number of ways:

TFW Church Sunday Services

Our primary opportunity to gather is each Sunday at our 9am and 11am services. We are incredibly blessed to have so many age groups represented in our church, from babies through to seniors. We really are a family.

228 average weekly attendance (an increase of 17 % from last year)

TFW Church Online

Sunday services are livestreamed, primarily for those who cannot attend in person. We would always encourage in-person attendance where possible, as there is something special that happens when we gather together - we never know how God might use us to encourage and/or support someone else.

However, we continue to see the value of livestreaming our services. Many new people have found our church online before attending in person. It also provides a valuable link to those who are currently unwell, or away on holiday.

Our YouTube channel has 413 subscribers With an average 191 views per week Our podcast downloads are around 20,000!

Tytherington Family Worship Church Annual Report 2024-2025

Page 5

Connect… through the week

TFW Church Connect Groups

The Connect Groups continue to be one of the ‘bedrocks’ of TFW Church and they continue to provide a supportive and encouraging environment where we can be known and get to know others.

There are 166 members regularly attending the various Connect Groups which each foster fellowship and spiritual growth.

Our 15 groups, including those dedicated to bible studies and prayer, are united by three core values:

There is also an 18-30’s group who meet regularly and sit under the Care-Share- Prayer focus of the Connect Groups. They have had a weekend away together this last year as well as their regular Saturday evening meetings.

We are committed to ensuring that every church member finds their place in a Connect Group, where they can grow, find support, and share life’s journey with others. While we celebrate our current successes, we recognise that there continues to be an ongoing need to motivate participation, cultivate new leaders, and launch additional groups.

We are committed to ensuring that every church member finds their place in a Connect Group

For those looking to join, the details of our existing groups are available on Church Suite under ‘My Groups / Sign Up’. These details are also on the TFW Church website. We encourage our members to take this step and enrich their church experience by connecting with others.

TFW Pray Together

Our individual prayer life is crucial in everyone’s walk of faith.

We pray regularly as a church, including a weekly prayer meeting on Wednesdays, where we pray for church, local, national and international issues and events and for each other.

Tytherington Family Worship Church Annual Report 2024-2025

Page 6

Connect… through the year

There are many events and activities, supporting us all in our faith journey, that happen regularly throughout the year:

Freedom in Christ

helping people walk in freedom and fullness of life.

Discover Courses

we have seen 8 new members joining TFW Church after the Discover Membership course that 10 attended this last year.

All four Discover classes ran during this last year.

Discover Growth, with 32 sign ups, looked at how to shape our own devotional time, and why slowing down to connect with God is the doorway to healthy personal growth.

Discover Gifts (a 2-part course) was enjoyed by 24 church members and encouraged a look at our gifts/abilities and participation in church life.

Discover Mission focuses on our individual life missions and how we can make our unique contribution to the world. 14 members attended this course.

All TFW Church members are encouraged to attend the Discover courses and it’s great to revisit the courses too.

Men’s and Ladies Breakfasts

oXering fellowship and support to each other, with great guest speakers.

which was enjoyed by those who attended.

Big Weekend

27[th] – 28[th] April 2024

It was great to welcome Ian CoXey who spoke throughout the weekend.

Guest Speakers

This year we have had a few guest speakers.

In October we welcomed Greg Downes who spoke on ‘How to Share the Good News’ John Andrews came on Sunday 9[th] March and spoke about ‘remembering’ – a really great 2 part message.

Seek First

This new service started last year. It encourages a coming together for prayer and ministry – seeking God first in all we do.

Tytherington Family Worship Church Annual Report 2024-2025

Page 7

Connect… through caring

Annually, TFW Church responds to requests for the dedication of children, weddings and funerals for its members and has occasionally made exceptions and held funerals for the local Tytherington community.

There is also a huge amount of pastoral care that goes on TFW Church, both visibly and behind the scenes. Pastoral care is undertaken by all of us - not just the Pastors, Connect Group Leaders and Ministry Team Leaders, but by every church member. We are all called to show that we are Jesus’ disciples by loving others and this is very evident at TFW Church.

We are all called to show that we are Jesus’ disciples by loving others

Connect Group leaders are available for those in Connect Groups, Team Leaders for those who have joined a team, and the Elders and Pastors are all available whenever needed.

Our aim is that no-one in our church family falls through the “care net”. It may be that they are not in a Connect Group or in a Ministry Team, or may need more help than their Connect Group or Team can provide - or perhaps are simply struggling to attend church because of age or infirmity. We will always look to provide the extra support needed.

people going through e.g. bereavement, health diXiculties, recuperation after a hospital stay or a generally tough time. We also celebrate the arrival of new babies and other special occasions.

We continue to use the Echo prayer app which is a very useful way of getting prayer requests out to the wider church community and we encourage all our members to use it.

we are thankful that the TFW Church family is one of care, love, encouragement and support

There are many ministries at TFW Church that provide pastoral support for church members, not least Golden Memories, the Thursday Afternoon Fellowship, Open Door CoXee Mornings and CoXee Mondays. These groups all provide a place to meet and care for those that attend.

We are all part of the TFW Church family, and we are thankful that this family is one of care, love, encouragement and support.

Tytherington Family Worship Church Annual Report 2024-2025

Page 8

Connect… through serving on a team

One of our priorities at TFW Church is to see as many people as possible oXer their gifts and time to serve God. We are blessed by the enthusiasm, dedication, and loving service of so many people. We want to say a huge thank you to everyone who has played their part in serving the vision of the church.

Thank you to everyone who has played their part in serving the vision

Serving is an outward expression in response to God’s love in our lives and TFW members are encouraged to join a team and be involved in this way in the life of the church. Joining a team also brings more opportunities for fellowship, encouragement and support as we serve together.

118 members serve in one or more teams

Sound & Media Practical – grounds etc Freedom in Christ Worship Admin/OXice Breakfasts Stewarding Communion Golden Memories Refreshments Hosting Open Doors TFW Kids & Youth and Juniors Alpha Finance Thursday Afternoon Fellowship Baptism set up

Big Circle

The team leaders met twice last year for a time of encouragement and input, as well as a Big Circle retreat oXering fellowship and teaching to those who head up ministries.

Some 10,000 hours were volunteered (worth over £165,000)

Tytherington Family Worship Church Annual Report 2024-2025

Page 9

Connect… with children and youth

Kids & Youth

We love our kids and youth at TFW Church. The younger generation have always been at the core of TFW and is something we want to continue to prioritise and grow. We want to take this opportunity to thank all those that serve, help, lead, and pray for our young people, without you it would be impossible, so thank you!

TFW Kids and Juniors

Eleanor and Natalie have done an amazing job in organising and leading the TFW Kids work this past year. They and the team of volunteers do a fantastic job providing brilliant kids work and events, such as the light party, a picnic and a film night, throughout the year. The TFW Kids Nativity at Christmas is always a special occasion too.

We’ve seen growth in the number of young kids attending on Sunday mornings which we praise God for and are excited for the future.

Bring the good news of Jesus

to the kids and their families

those in school years 3 – 6. These are mainly kids from the Tytherington estate and not churchgoers.

The Juniors vision is to bring the good news of Jesus to the kids and their families. The sessions provide organised games, crafts, and refreshments and finish with a talk that helps the children learn Bible truths and hear that God loves them.

TFW Youth

One of the greatest privileges is seeing young people encounter Jesus for themselves. Each year we become more expectant for what God is doing in them and through them. The annual summer camp, Dreaming the Impossible, was brilliant again and we’ve really seen the young people grow in unity and love for each other.

and a Day of Prayer - both of which were really encouraging - amazing to be part of bigger picture events.

Schools

Our local primary school comes to TFW Church for their annual Christmas services.

Tytherington Family Worship Church Annual Report 2024-2025

Page 10

Safeguarding at TFW Church

We take the safeguarding of our young people, vulnerable adults and all leaders and helpers working with them very seriously. Where required, our helpers and leaders complete a selfdeclaration form at the outset of them starting on a team, and then they are required to undergo an Enhanced DBS check.

Our policy and our policy statement have both been reviewed and we will make these available on our website and in ChurchSuite.

We produce Safeguarding packs which the TFW Kids and Youth team all receive. The TFW Kids and Youth teams have all signed Codes of Conduct again this year. This process is repeated at the start of each academic year.

We have a TFW Kids and Youth information card which outlines what parents/carers can expect from TFW Church. This is distributed at the start of each next academic year.

TFW Kids and Youth sign in at the start of the 9am and 11am services and are signed out at the end of their sessions.

Dave Ray and Shelley Smith were the TFW Safeguarding co-ordinators for most of the year. Shelley Smith has recently stepped down to be replaced by Sara Thomas.

If you have any questions or need to refer anything at all, please let either Dave or Sara know. Their photos and contact details can be found on posters around the church building.

Tytherington Family Worship Church Annual Report 2024-2025

Page 11

Connect… with our community

Our vision is to love our community. This means that everything we do must be motivated by love.

the people we meet, and the places we work. This is where God has called us to show his love.

Our community is wherever we are

We also love our community through our regular activities and outreaches where we can share the love of God.

These various outreaches provide opportunities to get involved, whether that be through prayer support or volunteering.

In 2024/25 we continued with many of our usual ministries and saw God using these programs to help and reach many.

We thank God for all these ministries, in addition to the many other amazing outreaches that take place throughout the Macclesfield area by other churches and organisations.

Alpha

Introducing people to the Christian Faith. The Alpha course runs over 11 weeks where participants can explore faith, life and God in a friendly environment.

We have run two courses this year which were so well supported by the guests who attended each week, the Alpha team and the wonderful provision of food.

Christians Against Poverty

We are thrilled to have launched an initiative with Christians Against Poverty. Simon Roebuck is working to establish a Debt Centre in Macclesfield. He already has clients in the area and is supported by a team on volunteers from within TFW.

Golden Memories

OXers support to people suXering with dementia and their carers. This group now runs monthly. It’s growing, meeting a real need in our community.

Tytherington Family Worship Church Annual Report 2024-2025

Page 12

Open Doors CoHee Morning

A monthly opportunity to meet and engage with local people.

Open Doors Coffee Mornings raised over £3000 last year, supporting various charities while encouraging the local community to come into TFW Church.

Foodbank Community Drop-OH and Regular Donations

We partner with Silk Life Foodbank.

There is now a regular collection of items sent to the SilkLife FoodBank – toilet rolls,

semi-skimmed milk, nappies and tins of meat/pies amongst other items.

The Harvest service always supports the FoodBank and there are two Community FoodBank Drop Offs at TFW Church each year too.

Christian Teachers and TAs Connect

Under the Hope in NE Cheshire banner, there have been meetings of staX working in education to provide support and an opportunity to meet.

Prayer Walking

Partnering with other churches to cover our town in prayer.

Thursday Afternoon Fellowship

A place to meet, have a cuppa and cake, sing more traditional hymns/songs and receive encouragement and/or a word from God

Treacle Market Outreach

Partnering with other churches to share God’s love through activities and conversation.

Light Party

Our Halloween alternative party for children of Primary school age.

Christmas

Carols by Candlelight and the Carols in the Carpark are both events that saw our local community come and share the Christmas story, as well as our Christmas morning service.

Christmas invites were posted through the doors of everyone in Tytherington.

Tytherington Family Worship Church Annual Report 2024-2025

Page 13

Connect… with our world

and overseas, as well as our commitment to cover them in prayer.

Globally:

Ian & Hanna Spillman Kisiizi Hospital, Uganda Peter & Lynette Teagle Friends International James & Hazel Farmer Logos Ministries International Rhona Marshall Christian Relief Uganda Jess Horton Mercy Ships Daniël & Angel de Bruin Youth With A Mission

Locally:

Hope in NE Cheshire UCB Silk Life Foodbank The Hope Centre Sewing Roots

Last year TFW Church hosted a thank you evening for Kisiizi and was the venue for a CRU fundraising evening with Phil Shotton’ s band.

Podcast Map

Showing how far and wide people listen to the preaching at TFW Church

Tytherington Family Worship Church Annual Report 2024-2025

Page 14

Connect… through our giving & finances

Finance & Governance

Charity Details

A Charitable Incorporated Organisation on 13th February 2017

Registered Address

Charity Number

1171583

Governance and Management Board of Trustees

Steve Clare (Chair) (resigned 31[st] March 2025) Mike Smith Karen Wilson (Chair from 1[st] April 2025) Nathan Bowmaker (from May 2024) Mark Lawrence (from May 2024) Julia Howard (from May 2024)

Board of Elders

Steve Parsons (Chair) Dave Ray Mike Smith Yinka Oyinloye

Employed StaF

Steve Parsons (Lead Pastor) Josh Thomas (Assistant Pastor) Helen Grout (Operations Manager)

Governing Bodies

The Board of Trustees is responsible for the overall governance of the charity.

Recruitment and Training of Trustees

The trustees are responsible for the appointment of new trustees.

New trustees will only be appointed after due consideration is given to eligibility, personal competence and specialist skills.

New trustees, when appointed, are inducted into the working of the charity by the existing trustees.

Risk Management

The trustees have assessed the major risks to which the charity is exposed, in particular those relating to the operations and finance of the charity and are satisfied that systems are in place to mitigate the exposure to major risk.

Reserves Policy

It is the policy of TFW to hold in reserves the equivalent of two months general running costs and an additional one month’s salary costs. It is also our policy to hold an amount determined by demographics of the income profile of the church. Our longer-term aim is to reduce dependence on the older group by encouraging increased giving in younger age-groups by teaching and discipleship training. This policy will be reviewed annually.

Tytherington Family Worship Church Annual Report 2024-2025

Page 15

INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST MARCH 2025

Note
Income
Regular Giving
Gifts & Donations
Interest Received
Lettings
Miscellaneous Income
Missionary Income
Offerings
Outreach Events
Youth Work
TOTAL INCOME
Expense
Central Costs
Facilities Management
Outreach Events
Missionary Support
2
Pastoral Care
Staff Costs
Services
Training & Development
Church Activites
Debt Centre - CAP
TOTAL EXPENSES
NET INCOME
2025
2024
£
£
TOTAL
TOTAL
214,022
186,490
23,849
10,510
1,801
906
13,928
13,159
35
113
4,622
3,151
7,647
9,036
497
232
5,059
9,581
271,460
233,180
5,857
4,294
30,848
36,390
4,082
2,519
37,243
40,102
1,091
911
117,467
112,254
7,711
6,651
3,311
2,120
10,476
16,145
3,912
-
221,998
221,387
49,463
11,793

Note: Restricted funds are dealt with separately under the Balance Sheet and detailed on page 17 and not recorded in the income and expenditure.

Tytherington Family Worship Church Annual Report 2024-2025

Page 16

BALANCE SHEET FOR THE YEAR ENDED 31ST MARCH 2025

Current Assets
Current Account
Petty Cash
95 Day Savings Account
Special Interest Bearing Account
Instant Access Account
Equals Money
Debtors
Net Current Assets
Current Liabilities
Creditors falling due within one year
Long Term Liabilities
NET ASSETS
Represented by:
Reserves brought forward
Net Income
Total Equity
Funds
Restricted funds
Unrestricted funds
TOTAL
TOTAL
2025
2024
£
£
17,964
30,391
-
-
50,838
-
60,248
84,291
4
378
34,966
164,398
114,682
(7,646)
(7,393)
156,752
107,289
107,289
95,496
49,463
11,793
156,752
107,289
2025
2024
407
1,033
156,345
106,256
156,752
107,289

These accounts have been prepared in accordance with section 138 of the Charities Act 2011.

Approved on behalf of the Trustees

K S Clare

K S Clare (Jun 8, 2025 22:21 GMT+1)

K.S. Clare - Chairman

Tytherington Family Worship Church

Annual Report 2024-2025

Page 17

CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2025

Note
Net cash flow from operation activities
1
Cash flow from investing activities
Payments to acquire tangible fixed assets
Interest received
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at start date 1 April 2024
Cash and cash equivalents at 31 March 2025
Cash and cash equivalents consists of:
Cash at bank and in hand
Cash and cash equivalents at 31 March 2025
2025
2024
£
£
Charity
47,915
18,279
-
-
1,801
906
49,716
19,186
114,682
95,496
164,398
114,682
164,398
114,682
164,398
114,682

Tytherington Family Worship Church Annual Report 2024-2025

Page 18

The net assets of the Charity are divided into Free Reserves that are available for the general purposes of the Charity and Non-liquid Reserves that are tied up in fixed assets or are available only for restricted or designated purposes. At 31 March 2025 the liquid (free) reserves of the Charity amounted to £156,345 (2024 - £106,226). Other reserves tied up in fixed assets, restricted funds or designated funds totalled £407 (2024 - £1,033). An analysis of the net assets between the various funds is set out below.

Restricted Funds

The analysis of the restricted funds are as follows:

Restricted Funds
The analysis of the restricted funds are as follows:
Balance at start of year
Incoming resources
Outgoing resources
Balance at end of year
Golden
Memories
Group
General
Total
£
£
£
1,033
0
1,033
0
-
626
-
0
626
-
407
0
407

Golden Memories will be funded directly by the church from 1st April 2025 so any balance will be transferred.

Staff Costs
Salaries including on-costs
Pension costs
Number of staff:
Full time
Part time
TOTAL
2025
2024
£
£
113,305
106,194
6,454
6,060
119,760
112,254
2
2
2
1
4
3

No employee earned more than £60,000 pa

Trustees Remuneration & Related Party Transactions

Trustees re-imbursement of expenses during the year £Nil (2024 - £Nil). No trustee or person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year (2024 – £Nil).

Tytherington Family Worship Church Annual Report 2024-2025

Page 19

Note 1 Reconciliation of net expenditure to net cash flow from operating activities

2025 2024
£ £
Net expenditure for the year 49,463 11,793
Interest receivable (1,801) (906)
Depreciation tangible fixed assets - -
(Increase)/decrease in debtors - -
Increase/(decrease) in creditors 254 7,393
Net cash flow from operating activities 47,915 18,279
Note 2 Missionary Giving
2025 2024
£ £
Kisiizi Hospital 12,550 12,000
Peter Teagle 10,852 10,852
Christian Relief Uganda 3,000 3,000
Nicholas Sillavan - 200
Hope in North East Cheshire 800 300
UCB 180 180
J Horton 2,640 3,040
J Farmer 1,620 2,220
Daniel de Bruin 4,271 4,529
Food Bank - SilkLife Church 1,130 151
Misc Giving 200 3,630
TOTAL GIVING 37,243 40,102

Tytherington Family Worship Church Annual Report 2024-2025

Page 20

TYTHERINGTON FAMILY WORSHIP CHURCH CIO

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF TYTHERINGTON FAMILY WORSHIP CHURCH CIO

Respective responsibilities of trustees and examiner

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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity’s gross income exceeded £25,000 and I am qualified to undertake the examination being a qualified Fellow Member of the Association of Chartered Certified Accountants.

It is my responsibility to:

(ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and

(iii) to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the 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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking 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 no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.

Independent examiner's statement

Accounting and reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

accordance with Generally Accepted Accounting Practice e_ective for reporting periods beginning on or after 1 January 2015.

In connection with my examination, no other matter except that referred to in the previous paragraph has come to my attention:

(a) which gives me reasonable cause to believe that in any material respect the requirements:

(i) to keep accounting records in accordance with section 130 of the 2011 Act; and

requirements of the 2011 Act;

have not been met or

(b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the

Phil Lawrence

Phil Lawrence (Jun 9, 2025 12:37 GMT+1)

Mr. P. L. Lawrence FCMA CGMA

15 Westmoreland Road Moulton Spalding PE126PU

Tytherington Family Worship Church

Annual Report 2024-2025

Page 21

TYTHERINGTON FAMILY WORSHIP CHURCH CIO

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Tytherington Family Worship Church CIO is a charitable incorporated organisation in England and Wales. The registered o_ice is

1.1 Accounting convention

The accounts have been prepared in accordance with the charity's Constitution, the Charities Act 2011 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)” (as amended for accounting periods commencing from 1 January 2016). 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.

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

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 unless the funds have been designated for other purposes.

1.4 Incoming resources

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.

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.

amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.5 Grants payable

Grants payable are accounted for when paid. Grants payable are payments made to third parties in the furtherance of the charitable objects of the charity.

1.6 Resources expended

relating to that 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.

Tytherington Family Worship Church Annual Report 2024-2025

Page 22

TYTHERINGTON FAMILY WORSHIP CHURCH CIO

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies (Continued)

1.7 Treatment of assets

such no assets are shown in the balance sheet.

1.8 Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

policies of the entity so as to obtain benefits from its activities.

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 su_ered 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).

1.10 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.

1.11 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other

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

there is a legally enforceable right to set o_ the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

price including transaction costs and are subsequently carried at amortised cost using the e_ective 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.

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 e_ective interest rate method.

Tytherington Family Worship Church Annual Report 2024-2025

Page 23

TYTHERINGTON FAMILY WORSHIP CHURCH CIO

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies (Continued)

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 resented

as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the e_ective interest method.

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

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

terminate the employment of an employee or to provide termination benefits.

Tytherington Family Worship Church Annual Report 2024-2025

Page 24

2025-06-09

TFW Annual Report 2025

Final Audit Report

Created: 2025-06-08 By: Mark Lawrence (mark.lawrence@tfwchurch.com) Status: Signed Transaction ID: CBJCHBCAABAA00k99C6CFt3HSbXk60tvMJw4db_p2iMS

"TFW Annual Report 2025" History

2025-06-09 - 11:37:04 GMT