CHARITABLE INCORPORATED NUMBER: 1175011
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024
ENFIELD TOWN COMMUNITY CHURCH
CONTENTS OF THE FINANCIAL STATEMENTS
Reference and Administrative Details
Report of the Trustees
3to5
Auditors Report
6t08
statement of Financial Activities
Balance Sheet
10
Cash Flow Statement
11
Notes to the Financial Statements
12to 19

ENFIELD TOWN COMMUNITY CHURCH
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1175011
Principal address
79 Cecil Road
Enfield EN2 6TJ
Audltors
Carter & Coley Limited
3 Durant Road
Bournemouth BH2 6NE
Bankers
Barclays
20 The Town
Enfield EN2 6LS
Association
Fellowship of Independent Evangelical Churches
41 The Point
Market Harborough LE16 7QU
Trustees
David Burrowes (until 31 March 2024)
Dougal Burrowes {from 24 March 2024)
Rob Cawley
Colin Clark
Jonathan Gregory
Nathan Howard
Tim Lock (until 15 April 2024)
Matt Mayer {from 24 June 2024)
David Parker
Sam Sinyinza
David Wisbey
Andrew Wright

ENFIELD TOWN COMMUNITY CHURCH
REPORT OF THE TRUSTEES
for the Year Ended 31 December 2024
The Trustees present their report with the financial statements of the charity for year ended
31 December2024. The Trustees have adopted the provisions of 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}.
AIMS AND OBJECTIVES
The church's purpose, taken from our Constitution, is "the advancement of the Christian faith in
accordance with the Basis of Faith primarily but not exclusively within the London Borough of Enfield
and the surrounding neighbourhood,. and such other charitable purposes as shall, in the opinion of the
members of the church in general meeting, put into practice the Christian faith in accordance with the
Basis of Faith, including but not limited to.. the prevention and relief of need, hardship and sickness
and the advancement of education
Our aim is to make Jesus known in Enfield Town as we grow to know him better ourselves,
individually and as a church.
PUBLIC BENEFIT
The Trustees confirm that they have complied with their duty to have regard to the guidance on public
benefit published by the Charity Commission in exercising their powers or duties.
ACTVITIES THROUGH THE YEAR
The principal activity of the church continued to be the proclamation of the Gospel of the Lord Jesus Christ in
Enfield and the surrounding area and through support of mission at home and abroad. Sunday services were
held in person, with services broadcast online for those unable to attend in person. The broadcast of services
on line has increased the reach of the church in presenting the Gospel to people in different ways. All our prayer
meetings, Grow Groups and other activities were also held in person.
The church's regular activities for children and young people continued throughout the year with good
attendance. The bi-weekly prayer meeting and bi-weekly Grow Groups for bible study and prayer in small
groups continued through the year and we continued to support our missionary family in various parts of the UK
and abroad. Our new Explore courses for those interested in finding out more about what being a Christian
really means were launched, replacing the previous Christianity Explored courses.
Apart from formal Church Members, Meetings, which are for formal members only, all the church's meetings
and events were open to the general public, who were regularly invited through the church's website, social
media and other means of engaging with the local community.
Nathan Howard continued as Senior Pastor, taking the lead in the preaching and pastoral care since September
2017. Tim Lock continued in the role of Outreach Pastor until 15 April 2024, when he left following his
appointment as the new Pastor at nearby High Barnet Baptist Church. He was replaced from 24 March 2024 by
Dougal Burrowes as our new Outreach Pastor. Jonathan Gregory continued in his role as Discipleship Pastor,
Rachel Jones and Heather Ovey both continued as part-time Woman's Workers and James Critoph continued
as part-time Children's Worker.
There were a number of movements of throughout the year with new people attending and joining as church
members and other ohanges as a result of death, transfers to other churches and resignations.

ENFIELD TOWN COMMUNITY CHURCH
REPORT OF THE TRUSTEES
for the Year Ended 31 December 2024
FINANCIAL REVIEW
Financial position
The Church had income of £484,358 (2023.. £490,169) and expenditure of £528,279 (2023.. £529,048)
leaving a deficit of £43,921 in the year (2023.. deficit £38,879). The deficit includes £5,383 of
depreciation {2023.' £6,729).
Grant making and investments
The church makes small financial grants to church members and others in regular attendance who
are in need of financial support through its Fellowship Fund, which is funded through those attending
the church making donations. The church also supports those working in the UK and abroad seeking
to make the Gospel known as missionaries. The church has a 'no risk, approach to investments, its
funds are held in standard bank accounts. The church follows the Charity Commission guidance in
ensuring appropriate financial reserves are maintained.
Reserves poliey
The elders have reviewed the reserves policy and consider it prudent to keep reserves of £60,000,
which are not invested in tangible assets and are unrestricted. The Church's General Fund at 31
December 2024 was above the required level.
FUTURE PLANS
The church's future plans are to continue to proclaim the Gospel of the Lord Jesus Christ in Enfield
and the surrounding area and to continue to grow the faith of those attending the church. We will
continue to work in partnership with other like-minded local churches, in particular those in the
'Together for Mission, Partnership of churches.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The church is registered as a Charitable Incorporated Organisation (CIO) with the Charity
Commission.
The Church is controlled by its governing documents, the Church Constitution and Church Handbook.
Recruitment and appointment of new trustees
The Elders, who are the Charity Trustees, are responsible for the spiritual and pastoral oversight of
the church. The Elders oversee all Church meetings and all Church activities. Nominations for a new
Elder {or the re-appointment of an existing Elder) are made by the body of Elders. As outlined in the
Church Handbook, nominations are communicated to church members in writing, who are then asked
to vote on the appointment at a Church members, meeting. The vote is by secret ballot and 800/0 of
the members present and voting must vote in favour.
The procedure for the appointment of Deacons is also outlined in the Church Handbook. Deacons are
appointed by the Elders.

ENFIELD TOWN COMMUNITY CHURCH
REPORT OF THE TRUSTEES
for the Year Ended 31 December 2024
The Church Secretary is responsible for the induction of new Elders which involves an awareness of
the responsibilities of the position, the governing documents, and the chLfrch's policies and
procedures.
Key management remuneration
The Church has a sub-committee consisting of some of the Elders {Trustees} to set the remuneration
of all staff members. They Key Management Remuneration is based on whether a manse is provided
along with other factors such as seniority, experience and length of service.
Risk management
The Elders (Trustees) review the major risks to which the Church could be exposed and ensure that
systems are implemented to mitigate those risks where possible. Risks and systems to mitigate them
are reviewed as and when is appropriate.
VOLUNTEERS
The Church's activities rely on the commitment of large number of volunteers. The Church recognises
the contribution that the volunteers make in the sustaining of its activities.
Charity law requires the trustees to prepare financial statements for each financial year, which give a
true and fair view of the state of affairs of the Church and of its financial activities for that period. In
preparing those financial statements, the Elders {Trustees) are required to:
(a)
select suitable accounting policies and then apply them consistently;
(b)
make judgements and estimates that are reasonable and prudent.,
(c)
state whether the policies adopted are in accordance with SORP 2005 and with applicable
accounting standards, subject to any material departures disclosed and explained in the financial
statements.,
(d}
prepare the financial statements on the going concern basis unless it is inappropriate to
assume that the church will continue.
The Elders are responsible for keeping accounting records which disclose with reasonable accuracy
the financial position of the Church and to enable them to ascertain that the financial statements
comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the
Church and hence for taking reasonable steps for the prevention and detection of fraud or other
irregularities.
Signed on behalf of the Trustees
N Howard
28 October 2025
gl,,/'

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF ENFIELD TOWN
COMMUNITY CHURCH
Opinion
We have audited the financial statements of Enfield Town Community Church (the 'charity')
for the year ended 31 December 2024 which comprise the Statement of Financial Activities,
the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including
a summary of significant accounting policies. The financial reporting framework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the state of the charity's affairs as at 31 December 2024 and
of its incoming resources and application of resources, for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice., and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs
(UK)) and applicable law. Our responsibilities under those standards are further described in
the Auditors, responsibilities for the audit of the financial statements section of our report. We
are independent of the charity in accordance with the ethical requirements that are relevant to
our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we
have fulfilled our other ethical responsibilities in accordance with these requirements. We
believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our opinion.
Conclusions relatlng to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going
concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties
relating to events or conditions that, individually or collectively, may cast significant doubt on
the charity's ability to continue as a going concern for a period of at least twelve months from
when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are
described in the relevant sections of this report.
other information
The trustees are responsible for the other information. The other information comprises the
information included in the Annual Report, other than the financial statements and our Report
of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to
the extent otherwise explicitly stated in our report, we do not express any form of assurance
conclusion thereon.

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF ENFIELD TOWN
COMMUNITY CHURCH
In connection with our audit of the financial statements, our responsibility is to read the other
information and, in doing so, consider whether the other information is materially
inconsistent with the financial statements or our knowledge obtained in the audit or
othetwise appears to be materially misstated. If we identify such material inconsistencies or
apparent material misstatements, we are required to determine whether this gives rise to a
material misstatement in the financial statements themselves. If, based on the work we have
performed, we conclude that there is a material misstatement of this other information, we
are required to report that fact. We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts
and Reports> Regulations 2008 requires us to report to you if, in our opinion..
the information given in the Report of the Trustees is inconsistent in any material respect
with the financial statements., or
sufficient accounting records have not been kept; or
the financial statements are not in agreement with the accounting records and returns., or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees are
responsible for the preparation of the financial statements which give a true and fair view, and
for such internal control as the trustees determine is necessary to enable the preparation of
financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's
ability to continue as a going concern, disclosing, as applicable, matters related to going
concern and using the going concern basis of accounting unless the trustees either intend to
liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Our responsibilities for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report
in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as
a whole are free from material misstatement, whether due to fraud or error, and to issue a
Report ofthe Independent Auditors that includes our opinion. Reasonable assurance is a high
level of assurance but is not a guarantee that an audit conducted in accordance with ISAS
{UK) will always detect a material misstatement when it exists. Misstatements can arise from
fraud or error and are considered material if, individually or in the aggregate, they could
reasonably be expected to influence the economic decisions of users taken on the basis of
these financial statements.

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF ENFIELD TOWN
COMMUNITY CHURCH
The extent to which our procedures are capable of detecting irregularities, including fraud is
detailed below..
Irregularities, including fraud, are instances of non-compliance with laws and regulations.
We design procedures in line with our responsibilities, outlined above, to detect material
misstatements in respect of irregularities, including fraud. The extent to which our
procedures are capable of detecting irregularities, including fraud is detailed below= We
obtained an understanding of the legal and regulatory frameworks that are applicable to the
charity and determined that the most significant are those covered by the Statement of
Recommended Practice for Charities {SORP 2019) and the Charities Act 2011. We
assessed the risk of material misstatement in respect of fraud by making enquiries of
management and trustees and by testing the implementation of accounting controls in place.
Based on the results of our risk assessment we designed our audit procedures to identify
non-compliance with such laws and regulations identified above by making enquiries with
key personnel and reviewing relevant documentation such as minutes of Trustee meetings
and correspondence with regulatory bodies. We considered the risk of fraud through
management override by incorporation testing ofjournal entries and reviewing any
requirements to meet performance targets. We also considered, and tested for, the
possibility of unauthorised payments to related parties
A further description of our responsibilities for the audit of the financial statements is located
on the Financial Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This
description forms part of our Report of the Independent Auditors
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the
Charities {Accounts and Reports} Regulations 2008. Our audit work has been undertaken so
that we might state to the charity's trustees those matters we are required to state to them in
an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not
accept or assume responsibility to anyone other than the charity and the charity's trustees as
a body, for our audit work, for this report, or for the opinions we have formed.
Carter & Coley Limited
Chartered Accountants and Statutory Auditor
3 Durrant Road
Bournemouth
Dorset
BH2 6NE
Date.. 28 October 2025

ENFIELD TOWN COMMUNITY CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
for the Period Ended 31 December 2024
Notes
UnrgStrict9
d funds
Restricted
funds
Total 2024
Unrestrlcts
d funds
Restricted
funds
Totsl 2023
Donations and le
acies
Charitable activities
Church activities
Investments
Total
464 341
471,535
440,656
445,348
9,175
10,842
484 358
33,368
11,453
490,169
491552
485 477
Charitable activities
528 279
538,886
516,622
12,426
529,048
Total
528 279
538 886
516 622
12,426
529 048
Net income
Transfers between
funds
Net movement in funds
Total funds brought
forward
Total funds carried
forward
43,921
1,205,529
3,413
3,648,315
38,879
4,892,723
4,853,844
1,236,674
3,657,049
11
1,161,608
3,644,902
4,806,510
1,204,529
3,648,315
4,853,844
CONTINUING OPERATIONS
All income and expenditure have arisen from continuing activities.
The notes on pages 12-19 form part of these financial statements.

ENFIELD TOWN COMMUNITY CHURCH
BALANCE SHEET
At 31 December 2024
Notes
2024
2023
Fixed assets
Tan
ible assets
4,581,246
4,567,570
Current assets
Debtors
Cash at bank and in hand
Investments
31,469
262,301
202,725
231,774
293 771
Creditors.. Amounts fallin
due within one
ear
10
6,510
7,497
Net current assets
225 264
286 274
Total assets less current Ilabilities
4806 510
4 853 844
The funds of the charit
Restricted funds
3,644,902
3,649,315
Unrestricted funds
1,161,608
1,204 529
Total funds
4 806 510
4 853 844
The financial statements were approved by the Board of Trustees on 28 October 2025 and
were signed on its behalf by..
N Howard
rd -Trustee
The notes on pages 12-19 form part of these financial statements.
io

ENFIELD TOWN COMMUNITY CHURCH
CASH FLOW STATEMENT
for the Period Ended 31 December 2024
2024
2023
Cash flows from o
eratin
activities
Cash
enerated from o
erations
52,358
55,525
Net cash
rovided b
eratin
activities
55,525
Cash flows from investln
Interest received
Purchase of tan
ible assets
Net cash
rovided b
investin
activities
10,842
19,060
15,879
4,425
activities
Chan
e in cash and cash e
uSvalents in the re
ortin
eriod
Cash and cash equivalents at the beginning of the reporting
eriod
262,301
322,251
Cash and cash e
uivalents at the end of the re
ortin
eriod
201725
262 301
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM
OPERATING ACTIVITIES
Net {expenditure)lincome for the reporting period (as per the
statement of financial activities
Ad"ustments for..
De
reciation char
Interest received
Decrease
lincrease in debtors
Increase in creditors
(47,334)
(38,879)
es
5,384
10,842
1,421
987
11,454
12,624
703
Net cash
used in
eratin
activities
The notes on pages 12-19 form part of these financial statements.
li

ENFIELD TOWN COMMUNITY CHURCH
Notes to the Financial Statements
ACCOUNTING POLICIES
Basls of preparing the financial statements and assessment of going concern
The financial statements of the charity, which is a public benefit entity under FRS 102, have
been prepared in accordance with the Charities SORP (FRS 102} '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 October 2019) and the Charities Act 2011. The
financial statements have been prepared under the historical cost convention as modified by
the revaluation of fixed assets.
The trustees consider that there are no material uncertainties about the Church's ability to
continue as a going concern.
Critical accounting judgements and key sources of estimation uncertainty
In preparing financial statements it is necessary to make certain judgements, estimated and
assumptions that affect the amounts recognised in the financial statements. The following
judgements and estimates are considered by the trustees to have most significant effect on
amounts recognised in the financial statements. Useful economic life of tangible fixed assets=
The annual depreciation charge for tangible assets is sensitive to changes in the estimated
useful economic lives and residual values of the assets. The useful economic lives and
residual values are reassessed annually. They are amended when necessary to reflect
urrent estimates, based on technological advancement, future investments, economi
utilisation and the physical condition of the assets.
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
Donations arising under Gift Aid are accounted for on the date of receipt and provisions are
made for income tax remaining unclaimed at the year end.
No value of services by volunteers has been included in these accounts.
Legacies are recognised when there is absolute certainly to the entitlement to the income.
Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits
will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis 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 consistent with the use
of resources.
Tangible fixed assets
Tangible fixed assets are initially recognised at cost.
The freehold properties are revalued on a periodic basis over a five-year term and the
revalued amount is subject to an impairment review at the end of each year.
12

ENFIELD TOWN COMMUNITY CHURCH
Notes to the Financial Statements
Tangible fixed assets cont'd
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated usefu5 life.
Fixtures and fittings - 20 % on reducing balance
Computer equipment- 20 % on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Debtors
Trade and other debtors are recognised at the settlement amount. Prepayments are valued
at the amount prepaid.
Cash at bank and in hand
Cash at bank and in hand includes- cash, bank current accounts and bank deposit accounts
with no withdrawal limitations.
Creditors
Creditors are recognised where the charity has a present obligation resulting from a past
event that will 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 are recognised at their settlement
amount.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basic financial instruments are initially settled at transaction value and
subsequently measured at their settlement value with the exception of bank loans which are
subsequently measured at amorlised cost using the effective interest method.
Fund accountlng
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 purposes within the objects of the
charity. Restrictions arise when specified by the donor or when funds are raised for particular
restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the
financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the
charity's pension scheme are charged to the Statement of Financial Activities in the period to
which they relate.
13

ENFIELD TOWN COMMUNITY CHURCH
Notes to the Financial Statements
Donations and le
acles
2024
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2023
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
Donations
Le
acies
Total
462 277
469,471
2,064
471535
433,811
4,692
438,503
6,845
445,348
464 341
7,194
440,656
Church activSties
2024
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2023
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
Events and
activities
Total
9,175
9,175
33,368
33,368
33,368
Investment income
2024
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2023
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
Bank interest
Total
10,842
10,842
11,453
11,453
Ex
enditure: Charitable activities
2024
2024
Unrestricted
Restricted
funds
funds
2024
Total
funds
2023
Unrestrlcted
funds
2023
Restricted
funds
2023
Total
funds
Church activities
Total
528,279
528,279
10,607
10,607
538,886
538,886
516,622
516,622
12,426
529,048
529 048
The audit fee was £5,00012023 - £5,403).
14

ENFIELD TOWN COMMUNITY CHURCH
Notes to the Flnancial Statements
Staff costs
2024
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2023
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
es
National insurance
Pension
Employment
allowance
Total
244,107
23,717
20,732
(5,000)
244 107
23,717
20,732
(5,000)
228,994
18,780
19,493
(5,000)
228 994
{5,000)
283,556
283 556
262 267
262 267
Remuneration during the year was paid to four trustees totalling £108,147 (2023- three
£106,682) in respect of their employment as Pastors of the Church. None of the trustees
received any remuneration for their involvement as trustee. No other benefits were received
by trustees during the year nor for the period ended 31 December 2024 or 2023.
No employee earned in excess of £60,000 (2023 - nil).
Key management
The trustees consider the Key Management of the Church to be that of the Pastors, Associate
Pastors & Pastors in Training. During the year the Key Management received remuneration
totalling £108,147 {2023'. £106,682).
There were no trustees, expenses paid for the year ended 31 December 2024 nor for the
period ended 31 December 2023.
The average number of employees during the year was as follows.,
2024
No.
2023
No.
Pastoral team
Pastor in trainin
Administrative and su
Total
ort staff
7. Tangible fixed assets
Freehold
ro
Fixtures &
Computer
ui
ment
Total
Cost
Cost at the be
Additions
Cost at the end of the
innin
of the
eriod
4 540,649
19,060
4 559 709
40,847
11,323
4,592,819
19,060
4 611,879
eriod
40,847
De
reciation
At the be
innin
of the
Char
e for the
ear
At the end of the
eriod
21,089
3,951
25,040
25,250
5,383
eriod
Net book value at be
innin
of the
eriod
Net book value at end of the
eriod
4,540,649
4 559 709
19,759
15,807
7,162
5,730
4,567,570
4,581,246
15

ENFIELD TOWN COMMUNITY CHURCH
Notes to the Financial Statements
Freehold Property has been transferred to the Charity at its original cost to the transferor
Charity and, in the opinion of the trustees, the fair value of the property at the Balance Sheet
date is not significantly different to that figure. The properties comprising that class of asset
will be revalued on a periodic basis over a five-year term and the revalued amount will be
subject to an impairment review at the end of each year. Any impairment provision necessary
will be written off immediately in the Statement of Financial Activities. The next revaluation
was due 3111212024 but has yet to be completed. All Freehold Property is well maintained
and, in the opinion of the Trustees, will not fall in value for many years. In view of the above
no depreciation is charged in respect of the Freehold Properties.
8. Debtors
2024
2023
Other debtors
Mission Housin
Pre
ments
Total
Gift aid receivable
Loan
19,564
10,000
484
30,048
19,245
10,000
2,224
9. Current asset investments
2024
2023
Shares in
Total
rou
undertakin
10. Creditors: amounts falling due within one year
2024
2023
Other creditors
Accruals
Total
6,510
6,5qO
5,403
7,497
16

ENFIELD TOWN COMMUNITY CHURCH
Notes to the Financial Statements
11.
Movement in funds
Balance at
1 January
Income
Expenditure
Transfers
Balance
at31
December
2024
Unrestricted fund
General fund
Buildin
reserve
ment fund
Turke
street
Total unrestricted funds
278 049
863,876
62,775
171
1204,529
484,358
528 279
13,676
19,060
5,384
220,452
882,936
57,391
171
1160 608
484 358
528,279
Restricted funds
Fellowshi
fund
Fixed asset fund
Turke
Street
ro
ect
Total restricted funds
7,194
10,607
4,152
3 640,919
831
3 645 902
3,640 919
831
3 649 315
Total
4 853,844
491552
538,886
4 806,510
2023
Unrestricted fund
General fund
Buildin
reserve
ui
ment fund
Bu
Street fund
Turke
Street
Total unrestricted funds
305,200
863 876
53,625
13,144
171
1235,674
485,477
503 478
9,150
278,049
863 876
62,775
9,150
171
1204,529
485 477
516 622
Restricted funds
Fellowshi
fund
Fixed asset fund
Turke
Street
ro
ect
Total restricted funds
15,189
3,640,919
941
3 657,049
4,692
7,565
3,640,919
831
3 649,315
110
12,426
Total
4 892 723
490 169
529,048
4 853 844
FixedAsset ReseNes is the value of the properties and any subsequent revaluations.
Bury Street are funds received and spent on behalf of the named congregations which were
established by the Church.
In June 2022 Bury Street Community Church (BSCC) became an independent Charitable
Incorporated Organisation. The balance of the net income was transferred to BSCC in 2023.
17

ENFIELD TOWN COMMUNITY CHURCH
Notes to the Financlal Statements
Turkey Street Project is money received relating to the Turkey Street Project to develop a
new Church in the area.
The General Fund is donations and other income received or generated for the objects of
the church without further specific purpose.
12.
Net assets b funds
Fixed
assets
Bank
and
cash
Other net
current
assets
Balance
at31
December
2024
Unrèstricted funds
General fund
Buildin
reserve
ui
ment fund
Turke
street
Total unrestricted funds
196913
23,539
220,452
882,936
57,391
171
1160 608
882,936
57,391
171
196,742
940,327
23,539
Restricted funds
Fellowshi
fund
Restricted fixed asset reserve
Turke
Street
ro
ect
Total restrlcted funds
4,152
4,152
3,640,919
831
3 645 902
3 640,919
831
3 640,919
Total funds
4 581246
201725
4805 510
2023
Unrestricted funds
General fund
Buildin
reserve
ui
ment fund
Bu
street fund
Turke
street
Total unrestricted funds
254,077
278,049
863,876
62,775
171
1,204,529
863 876
62,775
171
253,906
926,651
Restricted funds
Fellowshi
fund
Restricted fixed asset reserve
Turke
Street
ro
ect
Total restricted funds
7,565
7,565
3640919
831
3,649,315
3,640 919
831
8,396
3 640,919
Total funds
4 567 570
262 302
23,972
4 853,844
18

ENFIELD TOWN COMMUNITY CHURCH
Notes to the Financial Statements
13. RELATED PARTY DISCLOSURES
Janet Burrowes, the wife of Trustee David Burrowes, was employed as a Church
administrator until June 2024 and received a salary of £8,460 during the period {2023'.
£16,884).
Karen Wisbey, the wife of Trustee David Wisbey was employed as a Church Administrator
and received a salary of £18,504 during the period (2023 - £17,616).
14. SUBSIDIARY UNDERTAKING
The Church owns 100% of the share capital of EEFC Property Developments Ltd. The
company is dormant and has net assets ofjust £1.
2024
2023
Net income
Assets
Liabilities
Total
19