REGISTERED COMPANY NUMBER.. 10836281 (England and Wales) REGISTERED CHARITY NUMBER: 1173787 12 JAN 2025 Re orl ofthe Truslees and Unaudited Financial Statement5 for the Year Ended 31 March 2025 for River Dee Communi Church Henry R. Davis & Co. Limited Charterod Accountants Mechanics House, 12 Chester Road. Pentre, Deeside Flintshire CH5 2AA
Rlver Dee Communit Church Contents of the FinarFcial Statements for the Year Ended 31 March 2025 Page Report of the Trustees Independent Examiner's Report Statement of Financlal Activities Statement of Financial Position Note5 to the Financial Statements 8 to 15 Detailed Statement of Financial Activities 16 to 17
River Dee Communit Church Re ort of the Trustees for the Year Ended 31 March 2025 rhe trustees who are also directors of tho charity for the purposes of the Companies Act 2006. present thelr report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charitie5: 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 IFRS 1021 (effective l January 20191. OBJECTIVES AND AcfiviTIES Objectlves and aims The principal activity through the period under review was that of the advancement of the Christian Falth. The trustees confirm that they have referred to the guidance contained in Ihe Charity Commission's general guidance when reviewing the charity's aims and objectives. Public benefit The trustees conlirm that they have complied with their duty to have due regard to the commis5ion'5 public benefit gu idance when exercising any powers or duties to which Ihe guidance is relevant. ACHIEVEMENTS AND PERFORMANCE Charltable actlvltles The Trustees are pleased to present this report for the past year, which has been a truly fantastlc season In the life of RiverDee Community Church. It has been a year marked by faithful service, spiritual 8rowth, and an increasing sense of excitement and momentum across our church community. We are encouraged by the continued growth In church attendance over the year, reflecting both the commitment of our existing church family and the welcoming of many new people into the life of the church. In particular, we are delighted to see a noticeable increase in the number of young people altendir)g and engaging with church life. Their preseiice brlngs energy, hope, and a strong sense of future to RiverDee Community Church, Community engagement has grown significantly, with 3 clear buzz and excitement around the church and Its actlvities. We are grateful for the many ways our church family has served both one another and the wider community, demonstrating generosity, compassion, and failh in action. The Trustees would like to extend sincere thanks to all church members for their continued support and generosity throughout this Season. Your commitment of time, talents, prayer, and financlal giving has been vital in enabling the ch urch to grow and flourish. We also wlsh to expre55 our heartfelt thanks to the Church Leader5hlp Team for their ongoing support, dedication, and faithful commitment to RiverDee Community Church. Their vision, leadership, and care have been instrumental In guiding the church through a year of growth and opportunily. The Trustees are satisfied that appropriate financial governance has been maintained throughout the year. We are grateful for the guidance, help, and support provided by Henry R Davis & Co, whose contributlon has been greatly valued and appreciated. Looking ahead. the Tiustee5 are excited about the decision to send mission teams Out in 2025. This marks an im portant step in the outward focus of the church, and we eagerly look forward to hearing about the trips and the impact they will have during the year ahead. In conclusion, the Trustees give thanks for all that ha5 been achieved this year and look forward with confidence and expectation to the continued growth and mi551on of RiverDee Community Church in the coming year. Every Blessing Ben Bett5 Senior Leader / Chair of Directors. Page I
River Dee Communit Church Re ort of the Trustees for the Year Ended 31 March 2025 FINANCIAL REVIEW Flnancial position The results for the year are set out on page 5. Reserve5 policy River Dee Community Church maintains a contingency reserve account with Kingdom Bank IAOG) in Nottingham for the purpose of responding to any unforeseen emergencies. such as fall in membership, salaries etc. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of Irust, and constitute5 a limited companyi limited by guarantee, as defined by the Companies Act 2006. Recruitment and appointment of new trustees The Trusteos are the leadership of the Church. who have to be member5 of the Church and who are invited to join the leadership when the need arises. There are six Trustees, Iwo of whom are Holding Trustees. Besides being responsible for the spiritual well being of church members and people in the community, they are responsible for making sure that River Dee Communily Church complies with charity law, that proper financial accounts are kept and independently reviewed, that meetings and decisions are recorded and that policies and procedures are developed and followed. The Trustees a150 ensure that Rlvef Dee Communlty Church adhere5 to the general tenets laid down by Assemblies of God of which River Dee Community Church is a member. The Trustees continue to comply with their duties having due regard to guidance on public benefit. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number 10836281 (England and Wales) Registered Charity number 1173787 Registered office Castle Street Flint Flintshlre CH6 SPF Trustees B L Betts A Lloyd-williams Ms R Lloyd-willlams Independent Ex3mlner M5 Zoe Devenport FCA FCCA Henry R. Davis & Co. Limited Chartered Accountants Mechanics House, 12 Chester Road, Pentre, Deeside Flintshire CH5 2AA Approved by order of the board of trustees on ...2.Sftu..p&o...Zo.IS.. and signed on its behalf by: Page 2
River Dee Communit Church Re ort of the Trustees for the Year Ended 31 March 2025 B L Betts - Trustee PaEe 3
Inde endent Exarniner's Re ort to the Trustee5 of River Dee Communit Church Independent examiner's report to the trustees of River Dee Community Church {'the Company'l I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilitles and basis of report As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirement5 of the Companies Act 20061'the 2006 Act,). Having satisfied myself that the accounts of the Company 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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Comrnission under Section 145151 Ib) of the 2011 Act. Independent examlner's statement I have completed my examination. I confirm that no matters have come to my attention in connection wlth the examination giving me cause to believe: accounting records were not kept in respect ofthe Company as required by Section 386 of the 2006 Act,. or the accounts do not accord with those records. or the accounts do not comply with the accounling requirements of Section 396 of the 2006 Act other than any requirement that the account5 give a true and fair view which is not a matter considered as part of an independent examination; or the accounts have not been prepared In accordance wlth the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other rnatters In connection with the examination to which attention should be drawn in this report in order to enable a proper understandine of the accounts to be reached. Ms Zoe Devenport FCA FCCA Henry R. Davis & Co. Limited Chartered Accountants Mechanic5 House, 12 Chester Road, Pentre, Deeside Flintshire CH5 2AA Date.. Page 4
River Dee Communit Church Statement of Financial Activities Incor oratin an Income and Ex enditure Account for the Year Ended 31 March 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricted fund Restricted lund Notes INCOME AND ENDOWMENTS FROM Donations and legacie5 50,161 50,161 62,494 Charltable activltles Church activities 59,416 59,416 63,768 Investment income 37 37 42 Total 109,614 109,614 126,304 EXPENDITURE ON Rai51ng funds 2,689 2,689 Charitable activities Church activitie5 105,639 105,639 151,253 Total 108,328 108,328 151,253 NET INCOME/{EXPENDITUREI 1.286 1,286 124,9491 RECONCILIATION OF FUNDS Total funds brouEht forward 337.747 793.679 1.131.426 1,156,375 TOTAL FUNDS CARRIED FORWARD 339,033 793,679 1,132.712 1,131,426 The notes form part of these financial statements Page 5
River Dee Communit Church Statement of Financial Position 31 March 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricted fund Restricted fund Notes FIXED ASSETS Tangible assets li 293,880 793,679 1.087,559 1,090,502 CURRENT ASSETS Debtors Cash at bank and In hand 12 1,713 45,422 1,713 45,422 6,047 36,981 47,135 47,135 43,028 CREDITORS Amounts falllng due withln one year 13 11,9821 11,9821 12,104) NET CURRENT ASSETS 45,153 45,153 40,924 TOTAI ASSETS LESS CURRENT LIABILITIES 339,033 793.679 1,132,712 1,131,426 NET ASSETS 339,033 793,679 1,132.712 1,131,426 FUNDS Unrestricted funds Restricted funds 14 339,033 793,679 337,747 793,679 TOTAL FUNDS 1,132,712 1,131,426 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The member5 h3ve not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance wilh Section 476 of the Companies Act 2006. The trustees acknowledge their respon5ibillties for lal ensuring that the charitable company keeps accounting records that comply with Section5 386 and 387 of the Companies Act 2006 and preparing financial 5tatement5 which give a true and fair view of the State of affairs of the charitable company as at the end of each fir)ancial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to Ihe charitable company, Ibl The notes form part of these financial statements Page 6 continued...
River Dee Communit Church Statement of Financial Position - continued 31 March 2025 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue j.l..&e<iM.tkr..& and were signed on its behalf by: on B L Betts - Trustee The notes form part of these financial statements Page 7
River Dee Communit Church Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIE5 Basis of preparlng the fFnanclal statements The financial statement5 of the charitable company. which 15 a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reportlng 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 IFRS 1021 (effective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard appllcable in the UK and Republic of Ireland, and the Companies Act 2006. 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, Cash donations are recognised on receipt. Income tax in relation to donations received under Gift Aid, are recognised at the time of the donation. Legacles are recognised on receipt or otherwise if the charity has been notified of the impending distribution, the amount is known and receipt is expected. If the amount is not known. the legacy is treated as a contlngent asset. Expenditure Liabilities are recogni5ed as expenditLire as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic beneflt5 will be requ ired in settlement and the amount of the obligation can be measured reliably. Expenditure is accou nted for on an accruals basi5 and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis conslstent wlth the use of resources. Tangible fixed assets Depreciatlon is provided at the following annual rates in order to write off each asset over its estlmated useful Plant and machinery Fixtures and fittings Motor vehicle5 Computer equiprnent 20% on reduclne balance 20% on reducing balance 25% on reducing balance 33% on 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 assets and is recognised in net income/lexpenditurel during the year. The assets, residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate or is there is significant change since the last reporting date. The trustee5 consider that the estimated residual value of the freehold property Is such that any depreciation charge would be immaterial. Consequently, no depreciation charge ha5 been provided in the year. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purpose5 Wlthin the object5 of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Page 8 continued..
River Dee Communit Church Notes to the Financial Statements - continued for the Year Ended 31 March 2025 ACCOUNTING POLICIES- continued Fund accounting Further explanation of the nature and purpose of each fund is included in the notes to the financlal statements. Pension costs and other post-retlrement beneflts The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charEed to the Statement of Financial Activitles In the period to which they relate. DONATIONS AND LEGACIES 31.3.25 31.3.24 Offerings & appeals Gift aid 43,474 6,687 20,366 42,128 50,161 62,494 INVESTMENT INCOME 31.3.25 31.3.24 Bank Interest received 37 42 INCOME FROM CHARITABLE ACTIVITIES 31.3.25 31.3.24 Activity Chur¢h activities Rent from hire of premi5e5 59,416 63,768 CHARITABLE AcfiviTIES COSTS Direct Costs (see note 6) Support costs Totals Church activities 102,122 3,517 105.639 Page 9 continued...
River Dee Communit Church Notes to the Financial Statements - continued for the Year Ended 31 March 2025 DIRECT COSTS OF CHARITABLE AcfiviTIES 31.3.25 31.3.24 Tru5tees' remuneration etc Staff costs Insurance & licences Rates, light & heat Telephone Postage and stationery Mi55ion5 Equlprnent Children & youth work Coffee shop expenses Repalrs & renewals Motor expense5 Green pastures Staff training Depreciation 35,425 11.250 8,028 5,696 739 592 14,995 2.996 11,062 4,756 1,177 826 1,019 150 3,411 72,761 19,015 7,366 6,627 915 385 5,985 2,221 9,491 7,545 4,646 1,719 2,007 120 5,573 102,122 146,376 NET INCOME/IEXPENDITURE} Net incomellexpenditure) Is stated afteT chargingJ{creditingl: 31.3.25 31.3.24 Depreciation - owned assets 3,411 5,573 TRUSTEES, REMUNERATION AND BENEFITS 31.3.25 31.3.24 Trustees, salarles Trustees, Social security 35.425 70,813 1,948 35,425 72,761 No remuneration was paid to the Trustees in their capacity as Trustees. However, Mr Betts. who is a current trustee, is also employed full time, by the company and are therefore in receipt of remuneration, as detailed above. Trustee5' expen5e5 There were no trustee5' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. Page 10 continued.
River Dee Communit Church Notes to the Financial Statements- continued for the Year Ended 31 March 2025 STAFF COSTS The average monthly number of employees during the year wa5 as follows: 31.3.25 31.3.24 Operational No employees received emoluments in exce55 of £60,000. io. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted fund Total funds INCOME AND ENDOWMENTS FROM Donatioi)s and legacie5 62,494 62,494 Charitable activities Church activities 63,768 63,768 Investment income 42 42 Total 126,304 126,304 EXPENDITURE ON CharStable activities Church activities 151,253 151,253 NET INCOMEIIEXPENDITURE) {24.9491 124,9491 RECONCILIATION OF FUNDS Total funds brought forward 362,696 793,679 1,156,375 TOTAL FUNDS CARRIED FORWARD 337,747 793,679 1,131,426 Page 11 continued...
River Dee Communit Church Notes to the Financial Statements- continued for the Year Ended 31 March 2025 ii. TANGIBLE FIXED ASSETS Fixtures and fittings Freehold property Plant and machinery COST At l April 2024 Addition5 1.076,015 3,031 31.349 468 At 31 March 2025 1,076,015 3,031 31,817 DEPRECIATION At l April 2024 Charge for year 1,403 325 21,719 2,020 At 31 March 2025 1,728 23,739 NET BOOK VALUE At 31 March 2025 1,076,015 1,303 8,078 At 31 March 2024 1,076,015 1,628 9,630 Motor vehicles Computer equipment Totals COST At l April 2024 Additions 5,590 4,250 1,120,235 468 At 31 March 2025 5,590 4,250 1,120,703 DEPRECIATION At l April 2024 Charge for year 2.794 923 3,817 143 29,733 3,411 At 31 March 2025 3,717 3,960 33,144 NET BOOK VALUE At 31 March 2025 1,873 290 1,087,559 At 31 March 2024 2,796 433 1,090,502 Page 12 continued,..
River Dee Communit Church Notes to the Flnancial Statements- continued for the Year Ended 31 March 2025 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade debtors Prepayments 1,713 3,918 2,129 1,713 6,047 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade creditors Social security and other taxes Accrued expenses 72 922 I,iio 673 1.309 1,982 2,104 14. MOVEMENT IN FUNDS Net movement in fund5 At 31.3.25 At 1.4.24 Unrestrlcted funds General fund 337,747 1,286 339,033 Restricted f unds Community Facilitles Pro8ramme 793,679 793,679 TOTALFUNDS 1,131,426 1,286 1,132,712 Net movernent in funds, included in the above are as follows: Incoming resource5 Resources expended Movement in funds Unrestrlcted funds General fund 109,614 {108,3281 1,286 TOTAL FUNDS 109,614 {108,328} 1.286 Page 13 continued...
River Dee Communit Church Notes to the Financial Statements - continued for the Year Ended 31 March 2025 14. MOVEMENT IN FUNDS- continued Comparatlves for movement in funds Net movement in funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 362.696 124,9491 337,747 Restricted funds Community Facilities Programme 793,679 793,679 TOTAL FUNDS 1.156.375 124,9491 1,131,426 Comparative net movement in funds, Included In the above are 35 follows; Incoming resource5 Resources expended Movement in funds Unrestrlcted funds General fund 126,304 115 1,2531 124,9491 TOTAL FUNDS 126.304 115 1,2531 124,9491 A current year 12 month5 and prior year 12 months combined position is as follows: Net movement in fund5 At 31.3.25 At 1.4.23 Unrestricted funds General fund 362,696 123,6631 339,033 Restricted funds Community Facilities Programme 793,679 793,679 TOTAL FUNDS 1,156.375 123,663) 1,132.712 Page 14 continued...
River Dee Communit Church Notes to the Financial Statements- continued for the Year Ended 31 March 2025 14. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 month5 combined net movement in funds, Included in the above are as follow5- Incoming resources Resources expended Movement in funds Unrestricted fund5 General fund 235,918 1259,5811 123,663) TOTAL FUNDS 235.918 1259,5811 123,6631 15. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. Page IS
River Dee Communit Church Detailed Statement of Financial Activities for tho Yoar Ended 31 March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donation5 and legacies Offerings & appeals Gift aid 43,474 6,687 20,366 42,128 50,161 62,494 Inveslment income Bank interest received 37 42 Charitable actlvlties Rent from hire of premises 59,416 63,768 Total incoming resources 109,614 126,304 EXPENDITURE Charltable activities Trustees, salaries Trustees, social securlty Wage5 Pensions Insurance & licences Rates, light & heat Telephone Postage and stationerv Mi55ions Equlpment Children & youth work Coffee shop expenses Repairs & renewals Motor expenses Green pastures staff tralning Plant and machinery Fixtures and fittings Motor vehicles Computer equipment 35,425 70,813 1,948 11,831 7,184 7,366 6,627 915 385 5,985 2,221 9,491 7,545 4,646 1,719 2,007 120 544 3,210 1,397 422 11,250 8,028 5,696 739 592 14,995 2,996 11,062 4,756 1,177 826 1.019 150 325 2,020 923 143 102.122 146,376 Support costs Management Advertisin8 Travel 96 1.772 282 1,676 1,868 1,958 This page does not form part of the statutory financial statements Page 16
River Dee Communit Church Detailed Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 31.3.24 Management Finance Bank charges 79 198 Human resources Software licences 1.932 985 Governance costs Accountancy 2,327 1,736 Total resources expended 108,328 151,253 Net incomellexpendlture) 1,286 124,9491 This page does not form part of the statutory financial statements Page 17