COMPANY REGISTRATION NUMBER: 10866897 CHARITY REGISTRATION NUMBER: 1174210 Foundry Community Church Ltd. Company Limited by Guarantee Unaudited Financial Statements 31 December 2024 JENNIONS MACKEN Inslitute of Financial Accountants Suite 1, Foundry House Widnes Business Park Waterside Lane Widnes Cheshire WA8 8GT
Foundry Community Church Ltd. Company Limited by Guarantee Financial Statements Year ended 31 December 2024 Page Trustees, annual report (incorporating the director's report) Independent exarninerfs report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements The following pages do not fomi part of the financial statements Detailed statement of financial activities 20 Notes to the detailed statement of financial activities 22
Foundry Community Church Ltd. Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) Year ended 31 December 2024 The trustees, who are also the directors for the purposes of company law. present Iheir report and the unaudited financial statements of Ihe charity for the year ended 310ecember 2024. The company was incorporated on 14 July 2017. Reference and administrative details Registered charity name Foundry Community Church Ltd. Charlty registration number 1174210 Company registration number 10866897 Principal offlce and registerèd 63 Lugsdale Road office Widnes Cheshire WA8 6DA United Kingdom The trustees Mr H Kelly (appointed 25.04.24) Mr P Holland Mrs D Daniels Mr S Greenow Mr S Smith Mrs A Toluwalope Majaro Mr K Ackah Mr A Holland Miss L Taviner Company secretary Diane Daniels Independent examlner Mr l Jennions BA {Hons) FFA FIPA FFTA Suite 1. Foundry House Widnes Business Park Walerside Lane Widnes Cheshire WA8 8GT Final Accounts
Foundry Community Church Ltd. Company Limited by Guarantee Trustees, Annual Report {Incorporating the Director's Report) (condnuedj Year ended 31 December 2024 Structurej governance and management Foundry Community Church continues to be led by a team leadership structure with Di Daniels, Ste Greenow, Sean Smith and Lois Taviner making up the church leadership team. In addition lo the Lead Team there is a Board of Directors made up of members oflhe Lead Team and rive lay people. This body of people are the Irustees of Foundry Communily Church. They meet a minimum of 4 times a year and their meelings are recorded Ihrough minutes. Our Truslee leam was strengthened in 2024 with the addition of Howard Kelly {safeguarding). In addition, we have many volunteer teams that are led by both salaried and volunteer leaders. The church accounts are presented annually and are available via Ihe Companies House, and Charity Commission websit8S. Objectlve8 and activities 1. To advance the Christian faith. 2. To relieve sickness and financial hardship and lo promote and preserve good health by the provision of funds, goods or seNices of any kind including through the provision of ¢ounselling and support; and 3. To advance education: in such ways and in such parts of the United Kingdom or the world as the Trustees from time lo time may think fit. Vlslon & church life As a church we continued to meet on Sundays both in person and online, with an average combined allendance of 179 in 2024. In September we launched a refreshed mission lo become n70re like Jesus- and a vision for 2025.. a church "growing spiritually, living generously, and impacting ¢ommunities.' Groups & pastoral structure All Connect Groups were paused in 2024 while we revamped our pastoral structure. We plan to reintroduce them as Communlty Groups in 2025 wilh clearer aims and oversight. Community prolects & support Lunch Club (holiday provlslon): 514 meals provided in 2024 for 60 children and 26 parenlslcarers. Kitchen Cupboard: continued financial donations.. £443 in food vouchers provided. Harvest: 454 items donated to Widnes Foodbank. We also continued to support asylum seekers and refugees through Iraining, partnership workirbg and practical support. Partners The Lighthouse is currently paused due to slaffing and financial changes. Foundry Community Housing (formerly PRC) remains operational and is planning 20 additional dwelllngs as part of wider sile development. Final Accounts
Foundry Community Church Ltd. Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report> (¢onlIftuj Year ended 31 December 2024 Building & site Following prayer and consultation, Ihe trustees agreed the priority is a new church building on the current wasteland of the site. Next steps are developing drawings and a business plan for the full site project. Chlldren & youth FDK {children): average 21 (2023: 13). Volunteer recruilment (+6) and splitling into Burst & Fuse improved delivery. FDY {youthl: average 34 (2023.. 20). Now runs in three streams (Collective, Space avg 8. Swilch- avg 6). 4 young people to Thrive Serve Day and 18 to Thrive Summer Camp. Community life highllghts Newbies Lunch: 25 attended. 20 now attending regularly. Sunday community lunches: Feb (70) and July (100). Baptisms.. 8. Volunteers: 610A of teens and adults volunteer on Sundays and midweek. Room hlres & building use Room hire income increased in 2024 (this was due to a rate rise and evening hires assistant). Our building is more than a place of worship it's a community resource. We offer affordable room hires for local groups, schools and businesses. hosting NHS teams, adoption agencies, parents & babies groups, sports and dance clubs, conferences and school events. Hiring our rooms brings in income and helps us build stronger local relationships. Governance & safeguardlng Howard Kelly joined the Iruslees as Safeguarding Trustee and completed training with Thirty One'.Eight. A new Safeguarding Policy was implemented during ihe year. Flnance summary Earned income (notably room hires) increased and helped offset cost pressures. We're grateful for the dedicalion of staff, volunleers, and the congregation. Looking ahead we wlll: progress drawings and a business plan for the sile, launch Community Groups in 2025, continue growing children's and youth work and seek to make a positive impact in our communities. The trustees thank everyone who contributed in 2024 and look foThvard to the year ahead. Flnal Accounts
Foundry Community Church Ltd. Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) (conlinued) Year ended 31 December 2024 Financial revlew Financial activities for the period under review have produced a deficit of £8,495, which has been in line with trustees, expeclalions. The financial reseNes are stable, helped by the generosity of its congregation and carefully monitored expendilure. Plans for future periods As a church wo will be exploring future plans for our building and sile due it's age and need for future repair. We intend to spend 2025 exploring all avenues for the future. We are excited aboul the possibilities that lie ahead and are committed to working together as a church community to build on our successes and serve our community to the best of our abilities. Small company provisions Thi5 report has been prepared in accordance with the provisions applicable lo companies entitled to th8 small companies exemption. The ITusle8s' annual report was approved on trustees by.. 30.q.gS and signed on behalf of the board of Mr S Gr8enow Trustee Mrs D Daniels Trustee Flnal Accounts
Foundry Community Church Ltd. Company Limited by Guarantee Independent Examiner's Report to the Trustees of Foundry Community Church Ltd. Year ended 31 December 2024 I report to the trustees on my examination of the financial slatemenls of Foundry Communily Church Ltd. ('the charity.) for the year ended 31 December 2024. Responsibilities and basis of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordan with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the company are nol 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 the charity's accounts as carried oul under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515){b) of the 2011 Act. Independent examlner's statement If the charity's gross income exceeded £250.000 your examiner must be a member of a body listed In section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Financial Accountants (IFA). which is one of the listed bodies. I have complet8d my examination. I confirm that no mallers have come to my attention In connection with the examination giving me cause lo believe.. accounting records wer8 not kepl in respect of the charity as required by section 386 of the 2006 Ad., or the financial statements do not accord with those records: or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and faiv view which is not a matter considered as part of an independent examination., or the financial statements have not b8en prepared in accordance with the methods and principles of the Slalemenl 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 (FRS 102). Final Accounts
Foundry Community Church Ltd. Company Limited by Guarantee Independent Examiner's Report to the Trustees of Foundry Community Church Ltd. (eontinuedj Year ended 31 December 2024 I have no concerns and have corne across no other mallers in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr l Jennions BA {Hons) FFA FIPA FFTA Independent Examiner Suite 1, Foundry House Waterside Lane Widnes Business Park Widnes Cheshire WA8 8GT Final Accounts
Foundry Community Church Ltd. Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 December 2024 2024 Restricted funds Total funds Total funds 2023 Unrestricted funds Note Income and endowments Donations and legacies Other trading activities Other income 168,294 23.390 4,567 168,294 23,390 4,567 170,712 20,571 3,088 Total Ineome 196,251 196,251 194,371 Expenditure Expenditure on charitable activities Total expendlture 204,746 204,746 156,632 204,746 204,746 156,632 Net incomellexpendlture) and net movement In funds (8,495) (8,495) 37,739 Reconclliatlon of funds Total funds brought fOard Total funds Carried forward 783,570 783,570 745,831 775.075 775.075 783,570 The statement of financial activities includes all gains and losses recognised in Ihe year. All In¢ome and expenditure derive from continuing adivilies. Final Accounts
Foundry Community Church Ltd. Company Limited by Guarantee Statement of Financial Position 31 December 2024 2024 2023 Notè Fixed assets Tangible fixed assets 14 682.633 652,956 Current assets Debtors Cash at bank and in hand 15 1,903 97,144 1,453 134,105 99,047 135,558 Credltors: amounts falllng due wlthin one year Net current assets 16 6,605 4,944 92,442 130,614 Total assets less ¢urrent liabllities Net assets 775,075 783,570 775,075 783,570 Funds of the charlty Unrestricted funds 775,075 783,570 783,570 Total charlty funds 19 775,075 For th8 year ending 31 December 2024 the charity was entitled to exempts'on from audit under section 477 of the Companies Act 2006 relating lo small companies. Directors, responsibilities: The members have not required the company to obtain an audit of its financial slatements for the year in queslion in accordance with section 476; The directors acknowledge their responsibilities for complying with the requirements of the Act with respect lo accounting records and the preparation of financial stalemenls. These financial slalemenls have been prepared in accordance with the provisions applicable to Companies subject lo the small companies. regime. hese financial statements were approved by the board of truslees and authorised for issue on and are signed on behalf of the board by.. Mr S Greenow Trustee Mrs D Daniels Trustee Final Accounts
Foundry Community Church Ltd. Company Limited by Guarantee Notes to the Financial Statements Year ended 31 December 2024 General information The charity is a public benefit entity and a private company limiled by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 63 Lugsdale Road, Widnes, Cheshire. WA8 6DA, United Kingdom. ststement of compllance These financial statements have been prepared in ¢¢)mpliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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) (Charities SORP (FRS 102)) and the Companies Act 2006. Accountlng pollcies Basls of preparatlon The financial statements have been prepared on the historical Cost basis. as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expendilure. The financial statements are prepared in sterling, which is the functional currency of the entity. Golng concern There are no material uncertainties al)out th8 charity's ability lo continue. Dlsclosure exemptlons The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been laken of the following disclosure exemptions available under paragraph 1.12 of FRS 102.. (al No cash flow stalemenl has been presented for the Company. (b) Disclosures in respect of financial instrumersls have not been presented. Judgements and key sources of estimatlon uncertalnty The preparation of the fsnancial statements requires management to make judgements, estimates and assumplions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events Ihal are believed to be reasonable under the circumstances. Flnal Accounts
Foundry Community Church Ltd. Company Limited by Guarantee Notes to the Financial Statements {conllnu¢d) Year ended 31 December 2024 AGcounting policies (contlnued) Fund accounting Unrestricted funds are available for use at the discretion of Ihe Iruslees to further any of the charity's PLtrposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected lo restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. Incomlng resources All incoming resources are included in the statement of financial activities when entitlement has passed lo the charity., it is probable that the economic benefits associated with Ihe transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entillemenl to the gifl, receipt is probable and its amount can be measured reliably. 18ga¢y income is recognised wh8n receipt is probable and entillemenl Is established. income from donated goods is measured at the falr value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to Ihe donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of seprfices is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for il to be spent on a particular purpose and returned if unspent, In which case it may be regarded as restricted. Final Accounts 10
Foundry Community Church Ltd. Company Limited by Guarantee Notes to the Financial Statements (¢onllnued) Year ended 31 December 2024 Accounting policles (contlnuèd) Resources expended Expenditure is recognised on an accruals basis as a liabilily is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial aclivilies to which it relates.. expenditure on raising funds includes the costs of all fundraising activities, events. non- charitable trading activities, and the sale of donated goods. expenditure on charitable aclivlties includes all costs incurred by a charlly in undertaking a¢livities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating lo the governance of the charity apportioned lo charitable activities. oth8r expenditure includes all expenditure that is neither relaled to ralsing funds for the charity nor part of ils expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are alloc2ted directly to that activity. Shared costs are apportioned beeen the aclivilies they contribute to on a reasonable. justifiable and consistent basis. Tanglble assets All fixed assets are initially recorded at cost. Dopreclatlon Oeprecialion is calculated so as lo write off the cost or valuation of an asset, less its residual value, over the useful economic life of that assel as follows.. Fixtures and fittings Equipment 25°h reducing balance 250A reducing balance Freehold Property Impairment of fixed assets A review for indicators of impairment is carried out al each reporting date, wilh lh8 recoverable amounl being estimated where such indicators exist. Where the carrying value exceeds the recoverable amounl, the asset is impaired accordingly. Prior impaiments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generaling unil lo which the asset belongs. The cash-generaling unit is the smallest identifiable group of assets Ihat includes the asset and generates cash inflows that largely independent of the cash inflows from other assels or groups of assets. Flnal Accounts
Foundry Community Church Ltd. Company Limited by Guarantee Notes to the Financial Statements (conllnued) Year ended 31 December 2024 Accounting policies (eonlinued) Impalmient of flxed assets (contlftupdj For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated lo each of the cash-generaling units that are expected to benefit from the synergies of the combination. irrespective of whether other assets or liabilities of the charity are assigned lo those units. Government grants Government grants are recognised al the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply wilh the conditions attaching lo them and the grants will be received. Where the grant does not impose specified future performance-relaled conditions on the recipienl. it is recognised in income when the grant proceeds are re¢eived or receivable. Where the grant does impose specified future performance-related condilions on the recipient, il is recognised in income only when the performance-relaled conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability. Flnanclal instruments A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. unless the arrangement conslilules a financing Iransaclion, where it is recognisèd at the present value of the fulure payments discounted at a market rate of interest for a similar debt instrument. Deflnèd contrlbutlon plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset lo Ihe extenl that the prepayment will lead to a reduction in future payments or a Cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting dale in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discounl is recognised as an expense in the period in which it arises. Llmited by guarantee The Charity is a Company Limited by Guarantee, having no share capital. Final Accounts 12
Foundry Community Church Ltd. Company Limited by Guarantee Notes to the Financial Statements (¢onllnu•d) Year ended 31 December 2024 Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2024 Donations General Fund Offerings Income from PRC 93,484 6,000 93,484 6,000 Legacies and Donations Donations from PRC 50,000 50,000 Glfts Gift aid tax received 17,810 17,810 Grants HAF grant Internship 1,IXJO 1,000 168,294 168,294 Unrestricted Funds Restricted Total Funds Funds 2023 Donatlon8 General Fund Offerings Income from PRC 93,574 6,250 93,574 6,250 Legacies Donations from PRC 50,000 50,000 Gifts Gift aid tax received 16,666 16,666 Grants HAF grant Internship 3,722 500 3,722 500 170.712 170,712 other trading activitles Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Events & Facilities Income 23,390 23,390 20.571 20,571 Flnal Accounts 13
Foundry Community Church Ltd. Company Limited by Guarantee Notes to the Financial Ststements (conJftu Year ended 31 December 2024 other income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Tuck Shop Fee Income 442 4.125 442 4,125 1,018 2,070 1,018 2,070 4,567 4,567 3.088 3,088 Expendlture on charitable actlvities by fund type Unrestricted Funds Restricted Tolal Funds Funds 2024 Direct charitable activities Support costs 201,566 3,180 201,566 3,180 204,746 204,746 Unrestricted Funds Restricted Total Funds Funds 2023 Direct Charitable activities Support costs 153,348 3.284 153,348 3,284 156.632 156,632 Expendlture on charitable actlvitlgs by actlvlty type Activities undertaken directly Support Total funds costs 2024 Total fund 2023 Direct charitable activities Governance costs 201,566 201,566 3,180 153,348 3,284 3,180 201,566 3,180 204,746 156,632 Final Accounts 14
Foundry Community Church Ltd. Company Limited by Guarantee Notes to the Financial Statements (¢onllnued) Year ended 31 December 2024 10. Net incomel(expenditure) Net incomel{expenditure) is stated after chargingl(crediting)-. 2024 2023 Depreciation of tangible fixed assets 10,857 965 11. Independent examlnation fees 2024 2023 Fees payable lo the independent examiner for.. Independent 8xamination of the financial statements 2,050 2,050 12. Stsff costs The total staff costs and èmployee benefits for Ihe reporting period are analysed as follows.. 2024 2023 Wages and salaries (2023- adjusted for £10.000 donation) Employer contributions lo pension plans 94,388 1,925 76,400 3,535 96,313 79,935 The average head count of employ88s during the year was 4 (2023: 4). The averag8 number of full-lime equivalent employees during the year is analysed as follows.. 2024 2023 No. No. Number of staff No employee received employee benefits of more than £60,000 during the year {2023.' Nil). 13. Trustee remuneration and expense8 The figure for wages and salaries shown in the financial statements includes trustees remuneration as follows.. Steven Greenow Lois Taviner 33,584 30,123 Total 63.707 Flnal Accounts 15
Foundry Community Church Ltd. Company Limited by Guarantee Notes to the Financial Ststements (eofttinuedj Year ended 31 December 2024 14. Tangible fixed assets Freehold Fixtures and property fittings Equipment Total Cost 310ecember 2024 650,062 4.453 582,343 706,858 Depreciation Al 1 January 2024 Charge for the year At 31 December 2024 3.660 198 9,708 10,659 13,368 10,857 3,858 10,233 24,225 Carrying amounl At 31 December 2024 650.062 595 1,576 682,633 Al 31 December 2023 650,062 793 2,102 652,956 15. Debtors 2024 2023 Other debtors 1,903 1,453 1.903 1,453 16. Creditor8: amounts falllng due withln one year 2024 2023 Accruals and deferred income Social security and other taxes 4,450 2,155 3,359 1,585 6,605 4,944 17. Penslons and other post-retirement benefits Defined contrlbutlon plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £1,925 (2023: £3.535). 18. Government grants The amounts recognised in the financial statements for government grants are as follows- 2024 2023 Recognised in income from donations and legacies- Government grants income Final Accounts 16
Foundry Community Church Ltd. Company Limited by Guarantee Notes to the Financial Statements (eonlinued) Year ended 31 December 2024 19. Analysls of charltable funds Unrestricted funds At 31 December 2024 At 1 January '24 Income Expenditure Transfers General funds 783,570 196,251 (204,746) 775,075 At 31 December 2023 At 1 January .23 Income Expenditure Transfers General funds 745,831 194.371 (156.632) 783,570 Restrlcted funds At 31 D8cember 2024 At 1 January '24 Income Expenditure Transfers Restricted Funds At 31 December 2023 At 1 January '23 Income Expenditure Transfers Restricted Funds Final Accounts 17
Foundry Community Church Ltd. Company Limited by Guarantee Notes to the Financial Statements (eontinued) Year ended 31 December 2024 20. Analysis of net assets between funds Unrestricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assets 682.633 99,047 (6,605) 775,075 682,633 99,047 (6,6051 775,075 Unrestricted Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Net assets 652,956 135,558 14,9441 783,570 652,956 135,558 (4,944) 783,570 21. Financlal instruments The charity currently holds no financial instruments. 22. Related partie8 Two of the trustees were paid In their roles as employees of the charity with their salaries totalling £63,707. The company received £50,000 in donations and £6,000 in respect of office hire during the year from a connected charity, Pentecostal Residences Charity (charity number 10023961. Flnal Accounts 18
Foundry Community Church Ltd. Company Limited by Guarantee Management Information Year ended 31 December 2024 The followlng pages do notform part of the flnanclal statements. Flnal Accounts 19
Foundry Community Church Ltd. Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 December 2024 2024 2023 Income and endowments Donations and legacies General Fund Offerings Income from PRC Legacies and Donations Gift aid lax received HAF grant PRC Donation Internship income 93,484 6,000 93,574 6,250 17,810 16.666 3,722 50,000 500 50,000 1,000 168,294 170,712 Other trading actlvlties Events & Facilities Income 23,390 20,571 Other income Tuck Shop Fee Income 442 4.125 1,018 2,070 4.567 3,088 Total Income 196,251 194,371 Final Accounts 20
Foundry Community Church Ltd. Company Limited by Guarantee Detailed Statement of Financial Activities (¢ontlnu Year ended 31 December 2024 2024 2023 Expenditure Costs of raising donations and legacies Wages and salaries Repairs and maintenance Insurance Legal and professional fees Other office costs Gifts Rent, rates, light & heal Sundry expenditure Calering Supplies 13,183 1,946 766 98 10,671 714 745 76 i i 4,880 69 383 1,373 23 1,450 3,385 77 343 1,723 54 1,550 24,172 19,337 Expendlture on charitable actlvitle8 Wages and salaries Pension costs Light and heal Repairs and maintenance Insurance Other motorllravel costs Legal and professional fees Telephone 81,204 1,925 22,236 8,515 6,949 1,648 11,951 610 65,729 3,535 14,314 3,123 6,752 734 6,666 879 [ !! Olher office costs Depreciation Bank charges Gifts Rates, light & heat Sundry expenditure Accommodation Catering Supplies Advertising & marketing 16,506 10,659 726 1,496 636 391 11,450 965 704 1,673 569 491 2,821 12.301 6,561 13,150 180.574 137,295 Total expendlture 204.746 156.632 Net lexpendlture)lincome (8,495) 37,739 Flnal Accounts 21
Foundry Community Church Ltd. Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 December 2024 2024 2023 Costs of raising donations and legacies Events & Facilities Wages and salaries Repairs and maintenance Insurance Legal and professional fees Other office costs Gifts Rent, rates, light & heat Sundry expenditure Catering Supplies Costs of raislng donatlons and legacles 13,183 1.946 766 98 4,880 69 383 1.373 23 1,450 10,671 714 745 76 3,385 77 343 1,723 54 1,550 24,172 19,337 Flnal Accounts 22
Foundry Community Church Ltd. Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities (contiftu•dJ Year ended 31 December 2024 2024 2023 Expendlture on charitable activities Direct charitable activities Activities undertaken directly Wages and salaries Pension costs Light and heat Repairs & maintenance Insurance Other molorltravel costs Legal and professional fees Telephone Other office costs Depreciation Bank charges Gifts Rates, light & heat Sundry expenditure Accommodation Catering Supplies Advertising & marketing 81,204 1.925 22.236 8,515 6.949 1,648 8.771 610 16,506 10,659 726 1,496 636 391 65,729 3,535 14,314 3,123 6,752 734 3,382 879 11,450 965 704 1,673 569 491 2,821 12,301 6,561 13,150 178,394 134,011 Governance Costs Accountancy fees 3,180 3,284 Expendlture on charitable activSties 204.746 137,295 Final Accounts 23