CHARITY REGISTRATION NUMBER: 1176698
Whitby Christian Fellowship
Unaudited Financial Statements
31 December 2024
NIGEL WYATT BSC FCA
Chartered Accountants 125 Main Street Garforth Leeds LS25 1AF
Whitby Christian Fellowship
Financial Statements
Year Ended 31 December 2024
| Page | |
|---|---|
| Trustees' Annual Report | 1 |
| Independent Examiner's Report to the Trustees | 6 |
| Statement of Financial Activities | 7 |
| Statement of Financial Position | 8 |
| Notes to the Financial Statements | 9 |
| The Following Pages Do Not Form Part of the Financial Statements | |
| Detailed Statement of Financial Activities | 20 |
| Notes to the Detailed Statement of Financial Activities | 21 |
Whitby Christian Fellowship
Trustees' Annual Report
Year Ended 31 December 2024
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2024.
Reference and Administrative Details
Registered charity name Whitby Christian Fellowship Charity registration number 1176698 Principal office West Cliff Church Skinner Street Whitby YO21 3AH The Trustees Mr A Lloyd Mrs C Elliott Mr M Fitton Mr A Foster Mr W Whitehead Mr A Sawyer (Appointed 31 October 2024) Independent Examiner Nigel Wyatt FCA Wyatt & Co. Chartered Accountants 125 Main Street Garforth Leeds LS25 1AF
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Whitby Christian Fellowship
Trustees' Annual Report (continued)
Year Ended 31 December 2024
Structure, Governance and Management
Whitby Christian Fellowship is a Charitable Incorporated Organisation, registered number 1176698 and was incorporated on 17th January 2018. At this time, it received by donation the assets of the former unincorporated charity of the same name, registered number 1068936, which has since ceased to be a registered charity.
The Charity Trustees during the year 2024 were:
Mrs. Carole Elliott Mr. Allan Foster Mr. Mike Fitton Mr. Andy Lloyd (Chair) Mr. Andy Sawyer Mr. Bill Whitehead
The Members Meeting appoints the Trustees by way of an appropriately conducted election at a members’ meeting.
Public Benefit
The Trustees have given due consideration to the Charity Commission’s published guidance on the Public Benefit requirement under the Charities Act 2011.
Responsibilities for the church were shared amongst the leadership team comprising:
Mr. John Winter (Pastor) Mr. Mike Fitton (Elder) Mr. Allan Foster (Elder) Mr. Andy Lloyd (Elder)
Deacons who served the Church during the year are
Mrs. Carole Elliott Mr. Ray Ford Mrs. Fiona Lloyd Mrs. Sue Sawyer Mrs. Michele Sutcliffe Mrs. Susan Taylor Mr. Chris Taylor Mrs. Lisa Winter
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Whitby Christian Fellowship
Trustees' Annual Report (continued)
Year Ended 31 December 2024
The trustees' objectives and purposes can be summarised as follows: -
-
The advancement of the Christian Religion.
-
The relief of persons in hardship.
-
The advancement of education.
-
The provision of recreational facilities in the interest of social welfare.
Activities during 2024
Whitby Christian Fellowship has continued to be a worshiping Christian presence in the town of Whitby and the villages that surround it.
We held public services of worship and regular church-based activities throughout the year in pursuance of our charitable objectives. We are pleased to have seen increasing numbers at our Sunday services throughout the year and now average over 90 attendees at our Sunday morning service.
In October 2024, we received a one-off donation from Stokesley Christian Fellowship following the closure of that church. This was gratefully received and added to our general funds to support the ongoing refurbishment work of West Cliff Church .
During 2024 we have:
-
Held weekly Sunday worship services,
-
Held monthly prayer meetings.
-
Held meetings for our Youth - normally twice a month.
-
Held weekly Bible Study meetings in member’s homes. We have four such groups.
-
Held a Fellowship Weekend for members and regular attendees of WCF
-
Run two Alpha courses.
-
Held a monthly NEXT STEPS discipleship group
-
Hosted regular monthly senior’s lunches for the local community.
-
Run a low-cost café – the Mustard Seed Café – in the West Cliff church building two days a week for use by the local community and holiday makers.
-
Hosted a Walk Through Bethlehem event which was attended by more than 400 people
In addition, we have ensured that we have maintained regular, routine pastoral care with members of the fellowship.
Volunteers
With the exception of the work which is the specific responsibility of the Minster, all of the activities of the charity are undertaken by volunteers, who are responsible to the Church Leadership.
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Whitby Christian Fellowship
Trustees' Annual Report (continued)
Year Ended 31 December 2024
Building
We are the legal owners of West Cliff Church, Skinner Street, Whitby and have received confirmation from the Land Registry that the transfer has been completed and registered with them. West Cliff church is a traditional church building built in 1867.
Very considerable work has been undertaken on the building including:
-
Installing central heating throughout the church – including the restoration of a gas supply into the building
-
Renovating the Sunday schoolrooms to ensure they are dry and free of damp ingress.
-
Ongoing painting throughout the building
-
Improvements to the electrics
-
A number of other smaller jobs to ensure that the building is welcoming.
Planned Activities 2025
In 2025, we plan to:
-
Hold weekly Sunday worship services.
-
Hold weekly bible study groups both in West Cliff church and in members’ homes.
-
Hold monthly prayer meetings.
-
Hold regular meetings for our Youth.
-
Host seniors’ lunches on a regular basis
-
Run at least one Alpha course
-
Hold a monthly NEXT STEPS discipleship group
-
Host the annual Walk Through Bethlehem event during Advent.
-
Run a low-cost café – the Mustard Seed Café – in the West Cliff church building two days a week for use by the local community and holiday makers.
-
Run ad hoc social events as appropriate.
Our refurbishment programme of West Cliff church this year will focus on:
-
Relocating the offices to upstairs on the balcony – including building two new offices, installing a new WC and fire escape
-
Building a large storage room on the balcony
-
Extending and levelling the stage area and fitting a baptistry
We look forward to a year of welcoming new people to our fellowship.
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Whitby Christian Fellowship
Trustees' Annual Report (continued)
Year Ended 31 December 2024
Financial Review
Income of £125,118 (2023 £253,039 )was received by way of offerings, tax recovered on gift aid donations, bank interest and Café Revenue. (2023 The gift of the building at West Cliff and a grant from North Yorkshire County Council)
Expenditure on the operation of the charity was £125,307
The deficit for the year was £189
The Reserves Policy is to allow 6 months of running costs to be held in net current assets. Any Surplus is designated for the cost of further developing the building at West Cliff, from which the activities of the charity are primarily provided.
The trustees' annual report was approved on 17[th] March 2025, and signed on behalf of the board of trustees by:
A W Lloyd Chair of the Trustees Whitby Christian Fellowship
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Whitby Christian Fellowship
Independent Examiner's Report to the Trustees of Whitby Christian Fellowship
Year Ended 31 December 2024
I report to the trustees on my examination of the financial statements of Whitby Christian Fellowship ('the 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 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Nigel Wyatt Independent Examiner
125 Main Street Garforth Leeds LS25 1AF
17[th] March 2025
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Whitby Christian Fellowship
Statement of Financial Activities
Year Ended 31 December 2024
| Whitby Christian Fellowship Statement of Financial Activities Year Ended 31 December 2024 |
||||
|---|---|---|---|---|
| 2024 | 2023 | |||
| Unrestricted | ||||
| fundsTotal funds | Total funds | |||
| Note | £ |
£ | £ | |
| Income and endowments | ||||
| Donations and legacies | 4 | 104,815 |
104,815 | 88,319 |
| Charitable activities | 5 | 18,957 |
18,957 | 13,457 |
| Investment income | 6 | 1,346 |
1,346 | 1,263 |
| Other income | 7 | – |
– | 150,000 |
| -------------------------------------- | -------------------------------------- | -------------------------------------- | ||
| Total income | 125,118 | 125,118 | 253,039 | |
| ====================================== | ====================================== | ====================================== | ||
| Expenditure | ||||
| Expenditure on charitable activities | 8,9 | 125,307 |
125,307 | 93,036 |
| -------------------------------------- | -------------------------------------- | -------------------------------------- | ||
| Total expenditure | (125,307) | (125,307) | (93,036) | |
| ====================================== | ====================================== | ====================================== | ||
| -------------------------------------- | -------------------------------------- | -------------------------------------- | ||
| Net (expenditure)/income and net movement in | ||||
| funds | (189) | (189) | 160,003 | |
| ====================================== | ====================================== | ====================================== | ||
| Reconciliation of funds | ||||
| Total funds brought forward | 281,374 | 281,374 | 121,371 | |
| -------------------------------------- | -------------------------------------- | ------------------------------------- | ||
| Total funds carried forward | 281,185 ====================================== |
281,185 ====================================== |
281,374 ====================================== |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 9 to 18 form part of these financial statements.
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Whitby Christian Fellowship
Statement of Financial Position
31 December 2024
| Whitby Christian Fellowship Statement of Financial Position 31 December 2024 |
|||
|---|---|---|---|
| 2024 | 2023 | ||
| Note | £ | £ | |
| Fixed Assets | |||
| Tangible fixed assets | 14 | 151,903 | 151,945 |
| Current Assets | |||
| Stocks | 15 | 350 | 200 |
| Debtors | 16 | 6,572 | 8,161 |
| Cash at bank and in hand | 127,097 | 124,010 | |
| -------------------------------------- | -------------------------------------- | ||
| 134,019 | 132,371 | ||
| Creditors: amounts falling due within one year | 17 | 4,737 | 2,942 |
| -------------------------------------- | -------------------------------------- | ||
| Net Current Assets | 129,282 | 129,429 | |
| -------------------------------------- | -------------------------------------- | ||
| Total Assets Less Current Liabilities | 281,185 | 281,374 | |
| -------------------------------------- | -------------------------------------- | ||
| Net Assets | 281,185 | 281,374 | |
| ====================================== | ====================================== | ||
| Funds of the Charity | |||
| Unrestricted funds | 131,185 | 131,374 | |
| Designated (property) fund | 150,000 | 150,000 | |
| -------------------------------------- | -------------------------------------- | ||
| Total charity funds | 19 | 281,185 ====================================== |
281,374 ====================================== |
These financial statements were approved by the board of trustees and authorised for issue on 17th March 2025, and are signed on behalf of the board by:
Mr A Lloyd Trustee
The notes on pages 9 to 18 form part of these financial statements.
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Whitby Christian Fellowship
Notes to the Financial Statements
Year Ended 31 December 2024
1. General Information
The charity is a public benefit entity and a registered charity in England and Wales and is a Charitable Incorporated Organisation. The address of the principal office is West Cliff Church, Skinner Street, Whitby. YO21 3AH
2. Statement of Compliance
These financial statements have been prepared in compliance 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 Charities Act 2011.
3. Accounting Policies
Basis of Preparation
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 expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going Concern
There are no material uncertainties about the charity's ability to continue.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to 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.
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Whitby Christian Fellowship
Notes to the Financial Statements (continued)
Year Ended 31 December 2024
3. Accounting Policies (continued)
Incoming Resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to 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 entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the 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 services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources Expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned 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.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
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Whitby Christian Fellowship
Notes to the Financial Statements (continued)
Year Ended 31 December 2024
3. Accounting Policies (continued)
Operating Leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible Assets
Premises which were donated to the church have been recorded at deemed cost. As the building has been around for many decades, and is expected to be for many more to come, it is not possible to determine the expected useful life of the property. The building is therefore not depreciated, but is subject to regular impairment reviews.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment - 25% straight line
Impairment of Fixed Assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments 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 cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
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Whitby Christian Fellowship
Notes to the Financial Statements (continued)
Year Ended 31 December 2024
3. Accounting Policies (continued)
Financial Instruments
A financial asset or a financial liability is recognised only when the charity 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.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined Contribution 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 to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
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Whitby Christian Fellowship
Notes to the Financial Statements (continued)
Year Ended 31 December 2024
3. Accounting Policies (continued)
Defined Contribution Plans (continued)
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
4. Donations and Legacies
| Unrestricted | Restricted | Total Funds |
|||
|---|---|---|---|---|---|
| Funds | Funds | 2024 |
|||
| £ | £ | £ | |||
| Donations | |||||
| Covenanted gifts | 75,022 | – | 75,022 |
||
| Taxation recovered on covenanted | gifts | 13,171 | – | 13,171 |
|
| Offerings and other income | 16,622 | – | 16,622 |
||
| Grants | |||||
| Grants receivable | – | – | – |
||
| -------------------------------------- | ---------------- | -------------------------------------- | |||
| 104,815 | – | 104,815 |
|||
| ====================================== | ================ | ====================================== | |||
| Unrestricted | Restricted | Total Funds |
|||
| Funds | Funds | 2023 |
|||
| £ | £ | £ | |||
| Donations | |||||
| Covenanted gifts | 54,311 | 7,367 | 61,678 |
||
| Taxation recovered on covenanted | gifts | 13,621 | – | 13,621 |
|
| Offerings and other income | 11,207 | 1,213 | 12,420 |
||
| Grants | |||||
| Grants receivable | 600 | – | 600 |
||
| --------------------------------- | --------------------------- | --------------------------------- | |||
| 79,739 | 8,580 | 88,319 |
|||
| ================================= | =========================== | ================================= | |||
| 5. | Charitable Activities | ||||
| Unrestricted | Total Funds |
Unrestricted | Total Funds |
||
| Funds | 2024 |
Funds | 2023 |
||
| £ | £ | £ | £ | ||
| Cafe revenue | 18,957 | 18,957 |
13,457 | 13,457 |
|
| ================================= | ================================= | ================================= | ================================= |
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Whitby Christian Fellowship
Notes to the Financial Statements (continued)
Year Ended 31 December 2024
6. Investment Income
| 6. | Investment Income | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds |
Unrestricted | Total Funds | ||
| Funds | 2024 |
Funds | 2023 | ||
| £ | £ | £ | £ | ||
| Bank interest | 1,346 | 1,346 |
1,263 | 1,263 | |
| =========================== | =========================== | =========================== | =========================== | ||
| 7. | Other Income |
| 7. | Other Income | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds |
Unrestricted | Total Funds |
||
| Funds | 2024 |
Funds | 2023 |
||
| £ | £ | £ | £ | ||
| Gift of premises | – | – |
150,000 | 150,000 |
|
| ================ | ================ | ====================================== | ====================================== | ||
| 8. | Expenditure on Charitable Activities by Fund Type | ||||
| Unrestricted | Restricted | Total Funds |
|||
| Funds | Funds | 2024 |
|||
| £ | £ | £ | |||
| The operation of a Christian Church | 110,695 | – | 110,695 |
||
| Support costs | 14,612 | – | 14,612 |
||
| -------------------------------------- | ---------------- | -------------------------------------- | |||
| 125,307 | – | 125,307 |
|||
| ====================================== | ================ | ====================================== | |||
| Unrestricted | Restricted | Total Funds |
|||
| Funds | Funds | 2023 |
|||
| £ | £ | £ | |||
| The operation of a Christian Church | 65,665 | 19,753 | 85,418 |
||
| Support costs | 7,619 | – | 7,618 |
||
| --------------------------------- | --------------------------------- | --------------------------------- | |||
| 73,284 | 19,753 | 93,036 |
|||
| ================================= | ================================= | ================================= |
9. Expenditure on Charitable Activities by Activity Type
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total funds | Total fund | |
| directly | costs | 2024 | 2023 | |
| £ | £ | £ | £ | |
| The operation of a Christian Church | 110,695 | – | 110,695 | 85,418 |
| Support Costs | – | 14,612 | 14,612 | 7,618 |
| -------------------------------------- | --------------------------------- | -------------------------------------- | --------------------------------- | |
| 110,695 | 14,612 | 125,307 | 93,036 | |
| ====================================== | ================================= | ====================================== | ================================= |
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Whitby Christian Fellowship
Notes to the Financial Statements (continued)
Year Ended 31 December 2024
10. Net (Expenditure)/Income
Net (expenditure)/income is stated after charging/(crediting):
| Net (expenditure)/income is stated after charging/(crediting): | |||
|---|---|---|---|
| 2024 | 2023 | ||
| £ | £ | ||
| Depreciation of tangible fixed assets | 671 | 685 | |
| Operating lease rentals | – | 1,509 | |
| ================ | =========================== | ||
| 11. | Independent Examination Fees | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Fees payable to the independent examiner for: | |||
| Independent examination of the financial statements | 420 | 360 | |
| ================ | ================ | ||
| 12. | Staff Costs |
| Staff Costs | Staff Costs | Staff Costs |
|---|---|---|
| The total staff costs and employee benefits for the reporting period are analysed as follows: | ||
| 2024 | 2023 | |
| £ | £ | |
| Wages and salaries | 28,620 | 24,312 |
| Employer contributions to pension plans | 852 | 730 |
| --------------------------------- | --------------------------------- | |
| 29,472 | 25,042 | |
| ================================= | ================================= |
| The average head count of employees during the year was 1 (2023: 1). The average | The average head count of employees during the year was 1 (2023: 1). The average | number of |
|---|---|---|
| full-time equivalent employees during the year is analysed as | ||
| follows: | 2024 | 2023 |
| No. | No. | |
| Ministerial staff | 1 | 1 |
| ================ | ================ |
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
Key Management Personnel
Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £29,472 (2023:£25,042).
13. Trustee Remuneration and Expenses
No trustee received any remuneration or expenses for their role as trustees.
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Whitby Christian Fellowship
Notes to the Financial Statements (continued)
Year Ended 31 December 2024
14. Tangible Fixed Assets
| 14. | Tangible Fixed Assets | |||
|---|---|---|---|---|
| Freehold | ||||
| property | Equipment | Total | ||
| £ | £ | £ | ||
| Cost | ||||
| At 1 January 2024 | 150,000 | 23,787 | 173,787 | |
| Additions | – | 629 | 629 | |
| -------------------------------------- | --------------------------------- | -------------------------------------- | ||
| At 31 December 2024 | 150,000 | 24,416 | 174,416 | |
| ====================================== | ================================= | ====================================== | ||
| Depreciation | ||||
| At 1 January 2024 | – | 21,842 | 21,842 | |
| Charge for the year | – | 671 | 671 | |
| -------------------------------------- | --------------------------------- | -------------------------------------- | ||
| At 31 December 2024 | – | 22,513 | 22,513 | |
| ====================================== | ================================= | ====================================== | ||
| Carrying amount | ||||
| At 31 December 2024 | 150,000 | 1,903 | 151,903 | |
| ====================================== | ================================= | ====================================== | ||
| At 31 December 2023 | 150,000 | 1,945 | 151,945 | |
| ====================================== | ================================= | ====================================== | ||
| 15. | Stocks | |||
| 2024 | 2023 | |||
| £ | £ | |||
| Raw materials and consumables | 350 | 200 | ||
| ================ | ================ | |||
| 16. | Debtors | |||
| 2024 | 2023 | |||
| £ | £ | |||
| Prepayments and accrued income | 2,836 | 2,611 | ||
| Other debtors | 3,736 | 5,550 | ||
| --------------------------- | --------------------------- | |||
| 6,572 | 8,161 | |||
| =========================== | =========================== | |||
| 17. | Creditors: amounts falling due within one year | |||
| 2024 | 2023 | |||
| £ | £ | |||
| Accruals and deferred income | 3,701 | 2,201 | ||
| Social security and other taxes | 1,036 | 741 | ||
| --------------------------- | --------------------------- | |||
| 4,737 | 2,942 | |||
| =========================== | =========================== |
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Whitby Christian Fellowship
Notes to the Financial Statements (continued)
Year Ended 31 December 2024
18. Pensions and Other Post Retirement Benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £852 (2023: £730).
19. Analysis of Charitable Funds
Unrestricted funds
| Analysis of Charitable Funds Unrestricted funds |
||||
|---|---|---|---|---|
| At | ||||
| At | 31 December | |||
| 1 January 2024 | Income | Expenditure | 2024 | |
| £ | £ | £ | £ | |
| General funds | 131,374 | 125,118 | (125,307) | 131,185 |
| ====================================== | ====================================== | ====================================== | ====================================== | |
| £ | £ | £ | £ | |
| Designated (property) fund | 150,000 | - | - | 150,000 |
| ====================================== | ====================================== | ================================= | ====================================== | |
| At | ||||
| At | 31 December | |||
| 1 January 2023 | Income | Expenditure | 2023 | |
| £ | £ | £ | £ | |
| General funds | 110,199 | 94,459 | (73,284) | 131,374 |
| ====================================== | ====================================== | ================================= | ====================================== | |
| £ | £ | £ | £ | |
| Designated (property) fund | 0 | 150,000 | 0 | 150,000 |
| ====================================== | ====================================== | ================================= | ====================================== | |
| Restricted funds | ||||
| At | ||||
| At | 31 December | |||
| 1 January 2024 | Income | Expenditure | 2024 | |
| £ | £ | £ | £ | |
| Building Gift Day | – | – | – | – |
| ---------------- | ---------------- | ---------------- | ---------------- | |
| – | – | – | – | |
| ================ | ================ | ================ | ================ | |
| At | ||||
| At | 31 December | |||
| 1 January 2023 | Income | Expenditure | 2023 | |
| £ | £ | £ | £ | |
| Building Gift Day | 11,172 | 8,580 | (19,752) | – |
| --------------------------------- | --------------------------- | --------------------------------- | --------------------------------- | |
| 11,172 | 8,580 | (19,752) | – |
|
| ================================= | =========================== | ================================= | ================================= |
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Whitby Christian Fellowship
Notes to the Financial Statements (continued)
Year Ended 31 December 2024
20. Analysis of Net Assets Between Funds
| itby Christian Fellowship s to the Financial Statements(continued) Ended 31 December 2024 Analysis of Net Assets Between Funds |
||
|---|---|---|
| Unrestricted | Total Funds |
|
| Funds | 2024 |
|
| £ | £ | |
| Tangible fixed assets | 151,903 | 151,903 |
| Current assets | 129,282 | 129,282 |
| -------------------------------------- | -------------------------------------- | |
| Net assets | 281,185 | 281,185 |
| ====================================== | ====================================== | |
| Unrestricted | Total Funds |
|
| Funds | 2023 |
|
| £ | £ | |
| Tangible fixed assets | 151,945 | 151,945 |
| Current assets | 129,429 | 129,429 |
| -------------------------------------- | -------------------------------------- | |
| Net assets | 281,374 ====================================== |
281,374 ====================================== |
21. Related Parties
During the year, in aggregate, the trustees made total donations to the charity of £23,650 (2023 £5,140)
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Whitby Christian Fellowship
Management Information
Year Ended 31 December 2024
The Following Pages Do Not Form Part of the Financial Statements.
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Whitby Christian Fellowship
Detailed Statement of Financial Activities
Year Ended 31 December 2024
| Whitby Christian Fellowship Detailed Statement of Financial Activities Year Ended 31 December 2024 |
||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| Covenanted gifts | 75,022 | 61,678 |
| Taxation recovered on covenanted gifts | 13,171 | 13,621 |
| Offerings and other income | 16,622 | 12,420 |
| Grants receivable | – | 600 |
| -------------------------------------- | --------------------------------- | |
| 104,815 | 88,319 | |
| -------------------------------------- | --------------------------------- | |
| Charitable activities | ||
| Cafe revenue | 18,957 | 13,457 |
| --------------------------------- | --------------------------------- | |
| Investment income | ||
| Bank interest | 1,346 | 1,263 |
| --------------------------- | --------------------------- | |
| Other income | ||
| Gift of premises | – | 150,000 |
| ---------------- | -------------------------------------- | |
| -------------------------------------- | -------------------------------------- | |
| Total income | 125,118 | 253,039 |
| ====================================== | ====================================== |
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Whitby Christian Fellowship
Notes to the Detailed Statement of Financial Activities
| Whitby Christian Fellowship Notes to the Detailed Statement of Financial Activities |
||
|---|---|---|
| Year Ended 31 December 2024 | ||
| Expenditure | ||
| Expenditure on charitable activities | ||
| The operation of a Christian Church | ||
| Activities undertaken directly | ||
| Salaries | 28,620 | 24,312 |
| Employers pensions | 852 | 730 |
| Rent of premises and meeting rooms | – | 1,509 |
| Advancement of education | 947 | 1,985 |
| Youth work | 565 | 978 |
| Donations for relief of hardship | 1,756 | 2,385 |
| Donations to local charities | 1,205 | 3,226 |
| Walk Through Bethlehem | 572 | 43 |
| Fellowship and social activities | 2,035 | 2,123 |
| Mission | 3,930 | 2,566 |
| Speaking fees | 358 | – |
| Worship and technology | 1,501 | 1,049 |
| Depreciation | 671 | 685 |
| Travel and subsistence | 946 | 378 |
| Premises costs, utilities, repairs and maintenance | 58,364 | 35,985 |
| Cafe - cost of sales | 7,433 | 6,357 |
| Cafe - other costs | 940 | 1,107 |
| -------------------------------------- | --------------------------------- | |
| 110,695 | 85,418 | |
| -------------------------------------- | --------------------------------- | |
| Governance costs | ||
| Insurance | 3,959 | 2,546 |
| Accountancy fees | 1,050 | 787 |
| Legal and professional fees | 8,194 | 2,787 |
| Administration and office costs | 1,409 | 1,498 |
| --------------------------------- | --------------------------- | |
| 14,612 | 7,618 | |
| --------------------------------- | --------------------------- | |
| -------------------------------------- | --------------------------------- | |
| Expenditure on charitable activities | 125,307 | 93,036 |
| ====================================== | ================================= | |
| -------------------------------------- | --------------------------------- | |
| Total expenditure | (125,307) | (93,036) |
| ====================================== | ================================= | |
| -------------------------------------- | -------------------------------------- | |
| Net (expenditure)/income | (189) | 160,003 |
| ====================================== | ====================================== |
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