Charity registration number 1176017 IEngland and Wales) CHRIST CHURCH STOCKPORT CIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
CHRIST CHURCH STOCKPORT CIO LEGAL AND ADMINISTRATIVE INFORMATION Trustses Mrs C Senior Rev P Jackson Mr5 M Hill Mr N Raven Mrs J Bull IAppointed 8 January 20251 Charty number 1176017 Principal address 1 Mentone Road Stockport SK44HF Independent examiner Topping Partnership IAccounlanlsl Limited Incom House Waterside Trafford Park Manchester M17 1VVD
CHRIST CHURCH STOCKPORT CIO CONTENTS Page Trustees, report Independent examiner's report ststement of financial activities Balance sheet Notes lo the financial statements 7-12
CHRIST CHURCH STOCKPORT CIO TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present their annual report and financial statement5 for the year ended 31 December 2024. The financial slalements have been prepared in accordance with the accounting Policies sel out in note 1 to the financial statements and comply with the Charity's governing document, the Charities Act 2011 and 'Accounling and Reporting by Charities. Statement of Recommended Practice applicable to charities pieparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.188 amended for accounting periods commencing from 1 January 20161 Objectives and activities The objects of the Charity are., 111 The advanment of the Christian faith in accordan with the Statement of Faith exdusively by facilitating the charitable activities of the Fellowship., and 121 such other charitable objects as shall, in the opinion of the charity trustees, further the work of the Fellowship. The charity holds religious services and provides fellowship lo fulfill its objectives. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake. Vvhen decjding on how to perform ils charitsble work, the charity pays due regard lo guidance issued by the Charity Commission on public benefit.
CHRIST CHURCH STOCKPORT CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Achievements and perforniance Christ Church Stockport continues lo grow and develop numerically and structurally. Over the course of the year, regular attendance increased in number and in diversity, and the number of visitors has also remained high. The majority of growth comes from those moving into the area, but increasingly the church is seeing a greater engagement with those who would not have previously gone to church. To facilitate these enquirers, we ran a 2-1 Course. The course is designed to help those new lo Chrislianily to engage. wth the central aspects of the Christian faith in a relaxed setting. We continue lo invest in the spiritual health of all those who attend CCS, bringing the Bible lo bear lo all ages and stages of life. We tsught sermon series in Matthew and John's gospels. the New Testament letters Philippians and Hebrews, the Old Testsmenl prophet Haggai. and a summer series in the Psalms. We ¢onlinue to run age-appropriate children's groups and a creche on a Sunday morning, and a Youth group meeting on Sunday evenings. Our midweek Growth Teams meet in four locations on three different nights of the week. Growth Teams offer the opportunity for regulars lo discuss and apply Sundays bible passage at a deeper level. Growth Teams are also thè first port of call for pastoral care. Because of sustained growth over the year, we are looking lo launch a fifth Growth Team early in 2025. Grace Raven continues lo develop our women's ministry with fortnighlly bible stuclies on Wednesdays and termly breakfasts on Saturdays covering topics such as hormones and time. From September Bekah Rowe began a youth drop in after school on Monday afternoons. During the summer months the trustees were able lo offer the Associate Minister, Jon Cawsey a thre&month sabbatical. Jon was able lo spend time resting and reflecting on his ministry and visiting other churches in Manchester and elsewhere in the UK. During his sabbatical many members of Christ Church Stockport stepped up to provide cover for Jon. Back in March we We delighted to welcome AMIE Bishop, Tim Davies who conducted three confirmations and preached in our morning seN1. In May we baplised five individuals by full immersion. utilising a paddling PCK)l in the car park. The Children's team ran an Olympic themed event in a local park in July. and the ever-popular light party in Odober. The run up to Christmas saw a ¢raft evening, a contemporary carol servi. and a family nativity- The church again partnered rith Walthew House to provide entY Christmas hampers for vulnerable Vvalthew service users. Financial review The charity's incoming resources were more than expenditure.. The trustees are pleased with the results for the year. The charity had reserves of £38,807 at 31 Dernber 2023 and £40,809 at the period end. This is working capital. The reserves were achieved both from donations via grant making bodies and generous donations from those who regularly attend the church. In the coming year the Charity will continue to apply for extemal funding as is appropriate for agreed budgets. The trustees have no fomial policy to maintain a level of reserves however, they try to hold as reserves, 3 mDnlhs running costs. The trustees are conscious of their responsibilities and monitor the level of reserves to ensure the charity can meet its liabilities.
CHRIST CHURCH STOCKPORT CIO TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Structure. govemance and management The charity is a Charitable Incorporated Organisation registered wth the UK Charities Commission on 29 November 2017. The charity number is 1176017.11 is govemed by these rules and the constitution dated 9 September 2017. The principal place of business is Wdlthew House, 112 Shaw Heath. SlockportSK2 6QS.. The Church currently ha8 four trustees. The trustees govern the charity. The members are the Spiritual Leaders of the church and they have the authority to apwnt new trustees. The trustees hold regular meetings. The Trustees who served during the year and up to the date of sgnature of the financAal statements were.. Mrs C Senior Rev P Jackson Mrs M Hill Mr N Rav9n Mrs J Bull (Appointed 8 January 20251 Any member may become a trust99. Truslggs can be appointed at the AGM or at any time by the members. The trustees of the charity, must give to all now trustees a copy of the constitution and a copy of th8 chartys latest trustee report and accounts. The trustees, report was approved by the Board ofTrustees. Rev P Jackson Trustee Dated.. .2411012025.....................
CHRIST CHURCH STOCKPORT CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHRIST CHURCH STOCKPORT CIO I report lo the Trustees tsn my examination of the financial statements of Christ Church Stockport CIO Ilhe Charity) for the year ended 31 December 2024. Responsibilities and basis of report As the Trustees of the Charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the Charills financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145151{bl of the 2011 Act. Independent examlnevs statsment Your attention is drawn to the fact that the ¢harty has prepared the finanryal statements in aord3n¢e with the relevant version of the Statement of Recommended Practice applicable to charities preparing their finanaal statements in accordance wf(h the FinancAal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference lo the Aecounling and Reporting by Charities.. Slalement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. l understand that this has been done in order for the finanaal slalemenls lo provide a true and fair view in accordance with UK Generally Accepted Accounting Practice. I have completed my examination. I confim that no matters have come lo my 8ttention in connection with the examination giving me cause lo believe that in any material SpeCt.. aOntIng rerdS were not kept in respect of the Charity as required by sedion 130 of the CharitiesAct 2011. the financial slalements do not accord wi(h those records., or the finanaal statements do not MplY wth the applicable requirements conceming the fomi and conlenl of financial slalements set out in the Charf(ies (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, lch is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection wth the examination to which attention should be drawn in this report in order lo enable a proper understanding of the finanoal stslemenls lo be reached. S Wilcock Topping Partnership (Accountants) Limited Susan Wlcock FCCA Independent Examiner Incom House Waterside Trafford Park Manchester M17 1WD Date.. 24110r2025...........................
CHRIST CHURCH STOCKPORT CIO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrlcted Unrestrlcted funds funds 2024 2023 Notes Income from: Donations and legacies 115,638 103,378 Total Income 115,638 103,378 Expenditure on- Charitable adivities 113,636 88,889 Totsl expendlture 113,638 88,889 Net income and movement in funds 2,002 14,489 Reconciliation of funds- Fund balances al 1 January 2024 38,807 24,318 Fund balances at 31 December 2024 40,809 38,807 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
CHRIST CHURCH STOCKPORT CIO BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Notes Current assets Debtors Cash at bank and in hand 523 42,088 10,632 29,281 42,611 39,913 Creditors: amounts falling due within one year 10 {1,8021 11.1061 Net current assets 40,809 38,807 The funds of the Charity Unrestricted funds 11 40,809 38,807 40,809 38,807 The financial stslemenls were approved by the Trustees on .2411012025........................ Rev P Jackson Trustee
CHRIST CHURCH STOCKPORT CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies Charity inforniation Christ Church Stockport is a Charitable Incorporate Organisation registered with The Charities Commission on 29 November 2017. It is govemed by these rules and its constitution dated 9 September 2017. 1.1 Basis of preparation The financial statements have been prepared in accordance with the Charity's governing document, the Charities Act 2011 and °Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021° las amended for accounting periods commencing from 1 January 20161. The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Stslemenl of Cash Flows. The financial slalements are prepared in steding, which is the functional currency of the Charity. Monetary amounts in these financial stslemenls are rounded lo the nearest £. The financial slalements have been prepared under the historical cost convention. The principal aceounling policies adopted are sel out below. 1.2 Going concern Al the lime of approving the financial slatemenls, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the TrLJStees continue to adopt the going concern basis of accounting in preparing the financial ststements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Reslricled funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out In the notes to the financial slalements. 1A Income Income is recognised when the Charity is legally entrtled to il after any performance conditions have been mel, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other tlonalions are recognised once the Charity has bèen notified of the donation, unless performance condV(ions require deferral of the amount. Income lax recoverable in relation lo donations received under Gift Aid or deeds of covenant is recognised when the Gift Aid is reiVed from HMRC. Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution. the amount Is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business.
CHRIST CHURCH STOCKPORT CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles Icontlnuedl 1.5 Expendltu Expenditure is recognised on an accruals basis as a liability is incurred. Expendf(ure indudes any VAT that cannot be recovered, and is dassified under headings of the statement of financial activities to which il relates.. expenditure on raising funds indudes all the costs of all fundraising aclivilies, events, non-charilable trading activities, and the sale of donated goods. expenditure on charitable activities indudes all costs incurred by a charity in undertaking activities that further ils charitable aims for the benefit of its beneficiaries. including those support costs and costs relating lo the governan of the charity appointed to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. I costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable ID a single activity are allocated directly lo the activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. 1.6 Cash and cash gqulvalgnts Cash and cash equivalents indude cash in hand, deposits held al call wth banks, other short-term liquid investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown wthin borrowings in cuirenl Iiabililies. 1.7 Financial instruments The Charity has ele¢led lo apply the provisions of Section 11 'Basic Financial Inslrumenls, and Section 12 'Olher Financial Instruments Issues, of FRS 102 to all of ils financial inslrumenls. Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the inslrumenl. Financial assets and liabilities are offset, wrth the net amounts presented In the financial slatemenls, when there Is a legally enforceable right to sel off the recognised amounts and there is an Intention to sellle on a nel basis or lo realise the asset and settle the liability simultaneously. BasiTC financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured al transaction price including transaction costs and are subsequently carried at aM0.sed cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted al a market rate of interest. Financial assets classified as receivable within one year are not amortised. BasiTC financial liabilities Basic financial liabilities, including crèditors and bank loans are initially recognised at transaction price unless the arrangement conslilules a financing transaction. where the debt instrument is measured al the present value of the future payments discounted at a market rate of interest. Financial liabilities dassified as payable thin one year are not amortised. Debt instruments are subsequendy carried at amortised CDSt, using the effective interest rate method. Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payaLAe are classified as current liabilities If payment is due within one year or less. If not, they are presented as non-cutrent Iiabililies. Trade creditors are recognised Initially al transaction price and subsequently measured al amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are deregnised when the Charity's contractual otligalions expire or are discharged or cancelled.
CHRIST CHURCH STOCKPORT CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles Icontlnuedl 1.8 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employees services are received. Crltlcal accountlng g$tlmat9$ and Judggm9nts In the application of the Charity's accounting policies, the Trustees are required lo make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other soUS. The estimates and associated assumptions are based on historical experience and other factors that are considered lo be relevant. Actual results may differ from these eslimales. The estimates and undedying assumptions are reviewed on an ongoing basis. Revi510nS to accounting eslimales arè recognised in the period in which the estimate is revisèd where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Donatlons and legacles Unrestricted Unrestricted funds ftjnds 2024 2023 Donations and grfts GiftAid Other 101,952 13,630 56 93,200 10,134 44
CHRIST CHURCH STOCKPORT CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 4Charf(able activities Charitable Charitable Expenditure Expenditure 2024 2023 Stsff costs Equipment and training Insurance stationary & Leaflets Advertising Ministry expenses Rent Donations Subscriptions Professional Fees Bank Charges Accountancy 86,106 1,565 410 145 570 6,244 10,551 67,559 1,163 384 37 523 3,503 6,411 11 5,752 777 796 60 660 7,298 608 683 60 660 113,636 88.889 113,636 88,889 Trustees No person connected lo the Iruslees received any remuneration or benefits from the Charity during the year. No employee received remuneration or benefits over £60,000. No trustees received remuneration during the year. Employees The average monthly number of ernployees during the year was.. 2024 Number 2023 Number 10-
CHRIST CHURCH STOCKPORT CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 Employees Icontlnuedl Employment costs 2024 2023 Wages and salaries Other pension costs 79,594 6,512 64,378 3,181 86,106 67,559 There were no employees whose annual remuneration was more than £60,000. Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. Independ9nl gxamlnatlon The charty paid £420 for its Financial Statements lo be independently examined and £240 for the Financial Statements to be prepared. Debtors 2024 2023 Amounts falling due within one year- Prepayments and accrued income 523 10,632 10 Credltors: amounts falllng due wlthln one year 2024 2023 Other creditors Accruals and deferred income 482 1,320 446 660 1,802 1,106 11 Unrestrlcted funds The unrestricted funds of the charty wmprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as lo how they may b& used. These include designated ftjnds which have been sel aside out of unreslricled ftjnds by the Iruslees for specific purposes. At 1 January 2024 Incoming Resources resources expended At31 December 2024 General funds 38,807 115,838 1113.6361 40,809
CHRIST CHURCH STOCKPORT CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 11 Unrestrlcted funds Icontlnuedl Prevlous year: At 1 January 2023 Incomlng resources Resources expended At31 December 2023 General funds 24,318 103,378 188,8891 38,807 12-