}
# Trustees’ Annual Report for the period
Period start date Period end date
Bz
## Section A
## From
## To
## Reference and administration details
## Charity name
Goring Free Church ClO
**----- Start of picture text -----**
|
**----- End of picture text -----**
Other names charity is known by
Registered charity number (if any)
Charity's principal address| High Street
Reading
## Names of the charity trustees who manage the charity
1|MatthewCorde | | 2 | Henry Fay es 3|NigelGordon-Potts |Chair || 4{owenmorel | P 5[MichaelWard | | 6 | Paul Weller | From 8 October2023, | GG aGO aGO 1 A QO 1GG 2 GO aOG AGO a 1 GG AGO 1 A QO oto Names of the trustees for the charity, if any, (for example, any custodian trustees) [Name| Daatte’s acted if not for whole year
TAR
4
March 2012
## Names and addresses of advisers (Optional information)
- Type of adviser Name Address
## Name of chief executive or names of senior staff members (Optional information)
## Section B Structure, governance and management
## Description of the charity’s trusts
Type of governing document Constitution
- How the charity is constituted Charitable Incorporated Organisation
Trustee selection methods Elected by membership
## Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
- e policies and procedures adopted for the induction and training of trustees;
- e the charity’s organisational structure and any wider network with which the charity works;
- e relationship with any related parties;
- e trustees’ consideration of major risks and the system and procedures to manage them.
## Section C
## Objectives and activities
The objects of the CIO for the public benefit are to advance the Christian faith in accordance with its Statement of Beliefs in Goring, Oxfordshire Summary of the objects of the and in such other parts of the United Kingdom or the world as the charity charity set out in its trustees may from time to time think fit. governing document
TAR
2
March 2012
**----- Start of picture text -----**
When planning its activities for the year the trustees gave consideration
to the Charity Commission’s guidance on public benefit.
These activities consisted of the following:
4 The provision of acts of corporate worship
C Various activities for preschool, primary, and secondary school age
children
(1 Groups and classes for all ages to learn more about the Christian faith
CA weekly meeting place for anyone within the community to socialise
with others over light refreshments
Summary of the main 01 The support of both local and global mission partners
activities undertaken for the 0 The letting of our premises to other community groups
public benefit in relation to
these objects (include within
this section the statutory
declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit)
**----- End of picture text -----**
## Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
- e policy on grantmaking;
- e policy programme related investment;
- e contribution made by volunteers.
TAR
3
March 2012
# Section D
# Achievements and performance
# Summary of the main . : _ . wo P : Through the generosity of its members’ financial support and their time achievements of the charity . : . : . during the year and commitment, Goring Free Church has continued to run its various ministries and activities, with a good regular attendance at its Sunday services and the various groups it operates during the week. Our premises are in use most days of the week either for our own activities or those of other community groups.
# Also, we are pleased to have been able to maintain our support of other mission initiatives and partners.
# 7
# TAR
4 March 2012
Section E
## Financial review
Restricted funds are held in reserve until they are due to be expended on Brief statement of the the specific items for which they were given. charity’s policy on reserves
Unrestricted funds are held to provide financial stability for the continued operation of Goring Free Church and also to meet our possible commitments regarding the repair of the Church buildings we use.
Details of any funds materially None in deficit
## Further financial review details (Optional information)
You may choose to include
additional information, where relevant about:
- e the charity’s principal sources of funds (including any fundraising);
- e how expenditure has supported the key objectives of the charity;
- e investment policy and objectives including any ethical investment policy adopted.
## Section F
## Other optional information
## Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) |Nigel Gordon-Potts SBWEN Racreceat Full name(s)/ Nigel Mark Gordon-Potts Owen Clive Morrell Position (eg Secretary, Chair, |Chair of trustees Trustee etc) Date| 94/04/2025
TAR
5
March 2012
|
## | pon) CHARITY COMMISSION | Independent examiner's report on the | FOR ENGLAND AND WALES accounts
**----- Start of picture text -----**
Section A Independent Examiner’s Report
Report to the trustees Goring Free Church
On accounts for the year | 30 June 2024 Charity no | 1173630
ended (if any)
Set out on pages | 1-9
**----- End of picture text -----**
| report to the trustees on my examination of the accounts of the above charity (“the Trust’) for the year ended 30 June 2024. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
- | report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
- Independent | have completed my examination. | confirm that no material matters have
- examiner's statement come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: e the accounting records were not kept in accordance with section 130 of the Charities Act; or
- e the accounts did not accord with the accounting records; or e the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
- | 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 accounts to be reached.
- Please delete the words in the brackets if they do not apply.
**----- Start of picture text -----**
Name: | Mark Richardson, ACA
**----- End of picture text -----**
Relevant professional qualification(s) or body
(if any):
**----- Start of picture text -----**
Address: | 9 Catherine Street, Reading, RG30 1DN
**----- End of picture text -----**
IER
1
Oct 2018
## GORING FREE CHURCH
## FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
REGISTERED CHARITY NO. 1173630
## GORING FREE CHURCH
## FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
## CONTENTS
Page no.
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|Statement|of|financial|activities|1|
|Statement|of financial|position|2|
|Notes|to|the|financial|statements|3|
|Independent|examiner’s|report|10|
**----- End of picture text -----**
## GORING FREE CHURCH
## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024
|||||2024|2023|
|---|---|---|---|---|---|
||Unrestricted|Restricted||Total|Total|
||Funds||Funds|||
||£||£|£|£|
|income from:||||||
|Donations and legacies|80,215||19,953|100,168|109,975|
|Charitable activities|1,901||-|1,901|1,744|
|Interest|4,448||-|4,448|2,737|
|Other income|1,261||-|1,261|545|
|Total income|87,825||19,953|107,778|115,001|
|Expenditure on:||||||
|Ministers and employees|49,023||2,500|51,523|49,565|
|Property|17,354||-|17,354|21,603|
|Children and youth|2,332||-|2,332|2,481|
|Mission grants|9,200||6,693|15,893|17,224|
|Depreciation|2,095||-|2,095|2,095|
|Other expenditure|6,698||9,817|16,515|6,888|
|Total expenditure|86,702||19,010|105,712|99,856|
|Net income / (expenditure)|1,123|'|943|2,066|15,145|
|Transfers between funds|-||-|-|-|
|Net movement in funds|1,123||943|2,066|15,145|
|Reconciliation of funds||||||
|Total funds at 1 July 2023|139,407||10,731|150,138|134,993|
|Totalfundsat30June2024|140,530||11,674|152,204|150,138|
The notes on pages 3 to 9 form part of these financial statements.
1
## GORING FREE CHURCH
## STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2024
||Note||2024|2023|
|---|---|---|---|---|
||||£|£|
|Fixed assets|||||
|Equipment|7||3,667|5,762|
|Current assets|||||
|Debtors|||21,430|25,594|
|Cash|||129,030|120,652|
||||150,460|146,246|
|Current liabilities|||||
|Accruals|||(1,923)|(1,870)|
|Net Current|||148,537|144,376|
|Assets|||||
|Total Net Assets|||152,204|150,138|
|Represented by:||.|||
|Unrestricted|||140,530|139,407|
|Funds|||||
|Restricted|||11,674|10,731|
|Funds||||_|
||||152,204|150,138|
The notes on pages 3 to 9 form part of these financial statements.
2
## GORING FREE CHURCH
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
## 1 Accounting policies
## 1.1 Basis of preparation
The financial statements have been prepared on a going concern basis and in accordance with 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) — (Charities SORP (FRS 102)) and the Charities Act 2011 and applicable regulations. The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note to these accounts.
Unrestricted funds are the general funds of the Church that are not subject to any restrictions regarding their use and are available for application on the general purposes of the Church. Funds designated for a particular purpose by the Managing Trustees are also unrestricted.
The accounts include all transactions, assets and liabilities for which the Church is responsible in law. They do not include the accounts of other groups that owe their main affiliation to another body or those that are informal gatherings of church members.
## 1.2 Income
All income is included in the Statement of Financial Activities when the charity is legally entitled to the income, when the amount can be quantified with reasonable accuracy and receipt is probable.
Legacies are recognised in the accounts when the money is receivable.
Income from donations and gifts arose from giving by church members and where applicable gift aid relief is recognised on an accruals basis at the same point as the original donation.
3
## GORING FREE CHURCH
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
## 1 Accounting policies (Continued)
## 1.3 Expenditure
- Expenditure is recognised on an accruals basis as and when a legal or constructive obligation arises. The Church's objects are the advancement of the Christian faith and other such charitable purposes. All grants and any expenditure are made in line with these objects and are charged to the Statement of Financial Activities in the year they are approved.
- 1.4 Cash at bank and in hand Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## 1.5 Tangible fixed assets and depreciation
- Tangible fixed assets other than freehold land are stated at cost less depreciation. Expenditure on assets costing less than £1,000 is written off in the year of purchase. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment 25% straight line basis
- 1.6 Liabilities
- Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
4
## GORING FREE CHURCH
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
## 1 Accounting policies (Continued)
## 1.7 Accumulated funds
- Restricted funds are funds subject to specific trusts, which may be declared by their donors, or with the authority such as in a public appeal, or created through legal process, but still within the wider objects of the charity. Restricted funds may be restricted income funds, which are expendable at the discretion of the Managing Trustees in furtherance of particular aspects of the objects of the charity.
## 2 Donations and Legacies
|||||2024|2023|
|---|---|---|---|---|---|
||Unrestricted|Restricted||Total|Total|
||Funds||Funds|||
||£||£|£|£|
|Donations and Gifts|64,469||17,573|82,042|89,105|
|Gift Aid|15,746||2,380|18,126|19,870|
|Legacies|-||-|-|1,000|
||80,215|'|19,953|100,168|109,975|
## 3 Grants Payable
||||||2024|2023|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Funds|Funds|||
||||£|£|£|£|
|Grants|to|Institutions|7,450|1,590|9,040|10,944|
|Grants|to|Individuals|1,750|5,103|6,853|6,280|
||||9,200|6,693|15,893|17,224|
5
## GORING FREE CHURCH
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
|4|Movement in Funds|||||
|---|---|---|---|---|---|
|||Balance at|Incoming|Resources|Balance at|
|||30June|Resources|Expended|30June|
|||2023|||2024|
||||£|£|£|
||Free Reserves|139,407|88,180|(86,702)|140,885|
||Restricted Funds|10,731|19,598|(19,010)|11,319|
|||150,138|107,778|(105,712)|152,204|
|||Balance at|Incoming|Resources|Balance at|
|||30June|Resources|Expended|30June|
|||2022|||2023|
||||£|£|£|
||Free Reserves|133,242|93,697|(87,532)|139,407|
||Restricted Funds|1,751|21,304|(12,324)|10,731|
|||134,993|.115,001|(99,856)|150,138|
Restricted funds consists of an Earmarked Gifts fund.
## 5 Managing Trustees
None of the Managing Trustees (or any persons connected with them) received any remuneration in return for their services as Trustees during the year. One Managing Trustee (2023: one) was also the Pastor of the Church and was remunerated for his services as agreed.
Remuneration is authorised under the Constitution in respect of the Pastor. He may receive reasonable remuneration for his work in the service of the Church notwithstanding that he is a Managing Trustee of the Church. The Pastor must be absent from the part of any meeting where the performance, remuneration or other terms and conditions of his engagement is discussed, and may not vote on any such matter.
6
## GORING FREE CHURCH
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
## 5 Managing Trustees (Continued)
Total remuneration (including pension contributions) paid to one Managing Trustee and their related parties in respect of their service to the church, as allowed for under the Constitution, was £49,368 (2023: £45,577).
None of the Trustees was paid or reimbursed for expenses relating to their services during the year (2022: nil). Trustees and employees alike are reimbursed for routine out-ofpocket expenses on behalf of the Church that are unrelated to their services.
## | 6 Employees
The average monthly number of employees during the year was:
||2024|2023|
|---|---|---|
||Number|Number|
|Pastoral and ministryworkers|2|2|
|Employment costs|||
||2024|2023|
||£|£|
|Wages and salaries|40,731|39,671|
|Social security costs|157|96|
|Otherpension costs|9,985|7,742|
||50,873|47,509|
There were no employees whose emoluments were £60,000 or more.
7
## GORING FREE CHURCH
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
## 7 Tangible Fixed Assets
||Furniture,|
|---|---|
||fittings and|
||equipment|
||£|
|Cost||
|At 1 July 2023|8,381|
|Additions|-|
|At 30 June 2024|8,381|
|Depreciation||
|At 1 July 2023|2,619|
|Charge forthe year|2,095|
|At 30June 2024|4,714|
|Net Book Value||
|At 30June 2024|3,667|
|At30June2023|5,762|
## 8 Related party transactions
.
During the year earmarked gifts to Trustees and their related parties totalled £2,500 (2023: £2,500).
During the year the Church paid £600 to Trustees’ related parties for bookkeeping services (2023: £600).
The aggregate donations received from Trustees and their related parties were £11,168 (2023: £11,945).
8
## GORING FREE CHURCH
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
## 9 Prior Year Fund Comparatives for the Statement of Financial Activities
|||||2023|
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||Funds|Funds||
|||£|£|£|
|Income from:|||||
|Donations and legacies||88,671|21,304|109,975|
|Charitable activities||1,744|-|1,744|
|Interest||2,737|-|2,737|
|Other income||545|-|545|
|Total income||93,697|21,304|115,001|
|Expenditure on:||||||
|Ministers and employees||47,065|2,500|49,565|
|Property||20,103|1,500|21,603|
|Children and youth||2,481|-|2,481|
|Mission grants||8,900|8,324|17,224|
|Depreciation||2,095|-|2,095|
|Other expenditure||6,888|-|6,888|
|Total expenditure||87,532|12,324|99,856|
|Net income / (expenditure)||6,165|8,980|15,145|
|Transfers between funds||-|-|-|
|Net movement in funds||6,165|8,980|15,145|
|Reconciliation of funds|||||
|Total funds at 1July 2022||133,242|1,751|134,993|
|Totalfundsat30June2023||139,407|10,731|150,138|
9