## **Trustees' Annual Report for the period**
Period start date Day01 Month01 Year2024
Period end date Day31 Month12 Year2024
**From**
**To**
## Section A Reference and administration details
**Charity name Other names charity is known by Registered charity number (if any)** 1177140
Hoylake Evangelical Church CIO
**Charity's principal address** 3 Birkenhead Road, Hoylake, Wirral. Merseyside
**Postcode CH47 5AE**
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Huw Willis|Pastor|||
||Mark Foster|Elder|Ceased 01.03.24||
||Ian Anderson|Secretary|||
||Peter Davies|Deacon|||
||Paul Heaps|Deacon|||
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## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
|**Name**|**Dates acted if not for whole year**|
|---|---|
|Not Applicable||
|||
|||
March **2012**
**TAR**
1
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of adviser**
**Name**
**Address**|||
|**Not Applicable**|||
||||
||||
||||
## **Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
Constitution & Rules
- (eg. trust deed, constitution)
Charitable Incorporated Organisation How the charity is constituted
- (eg. trust, association, company)
Proposed by Current Trustees and confirmed by vote of Members Trustee selection methods
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
We do not have a policy for the induction and training of trustees. We are an independent church, affiliated to the Fellowship of Independent Evangelical Churches.
The Trustees meet on a regular basis throughout the year and raise concerns of any major risks that are foreseeable. These matters are discussed by the Trustees and any necessary actions agreed at those meetings and actions implemented accordingly.
- relationship with any related parties;
- t rustees’ consideration of major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
The purposes of the church are:
The advancement of the Christian faith in accordance with the Basis of Faith primarily but not exclusively within Hoylake and the surrounding **Summary of the objects of the** neighbourhood; and **charity set out in its** such other charitable purposes as shall, in the opinion of the members of **governing document** the Church in general meetings, put into practice the teaching of the Lord Jesus Christ in accordance with the Basis of Faith.
March **2012**
**TAR**
2
We hold worship services every Sunday morning & evening and other special worship services e.g. Good Friday and Christmas Day.
We also hold:
Weekly Prayer Meetings
Mums & Tots – meeting time for mothers/carers/grandparents etc with a playtime for babies/ pre school children; and Ad-hoc evangelistic Activities.
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
## **Additional details of objectives and activities (Optional information)**
We give to other external bodies in with our purpose/objectives; as stated above.
We do not invest any funds except any surplus Income which is transferred into a Bank Deposit Account, linked to the current account.
You **may choose** to include further statements, where relevant, about:
We have also transferred some of our surplus funds into another Bank for added security to protect them should our present bank go bust.
Contributions made by volunteers are added to the General Fund as Income as Donations.
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
March **2012**
**TAR**
3
## Section D Achievements and performance
The Receipts & Payments accounts attached hereto are for the period **Summary of the main** 01/01/2024 to 31/12/2024. **achievements of the charity during the year**
March **2012**
**TAR**
4
## **Section E Financial review**
**Brief statement of the**
We seek to hold a reserve in line with current Charity Commission advice.
**charity’s policy on reserves**
**Details of any funds materially** We do not have any funds in deficit. **in deficit**
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the chari ty’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
Our principal source of funds is donations at worship services or by Standing Orders from members and regular worship service attenders. Our expenditure is used to ensure we are complaint with all current legal obligations and for our worship services.
We do not have an investment policy as we do not have any investment objectives apart from depositing surplus income into our bank savings accounts as we do not aim to invest our surplus income but to use it for our objects or purposes , as above.
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)**
**Full name(s)** Mr Huw Willis **Position (eg Secretary, Chair,** Trustee & Pastor **etc)**
**Date** 17/01/2025
March **2012**
**TAR**
5
**Registered Charity Number 1177140**
**HOYLAKE EVANGELICAL CHURCH CIO**
**REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **HOYLAKE EVANGELICAL CHURCH CIO**
## **Report and accounts**
|**Contents**|Page|
|---|---|
|Trustees' report|1 - 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the accounts|7 - 10|
**HOYLAKE EVANGELICAL CHURCH CIO**
**The report of the Trustees for the year ended 31 December 2024**
## **Introduction**
The trustees present their annual report and financial statements of the charity for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011, and 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) (effective 1 January 2015).
## **Purpose and Activities of the Charity**
## **Objectives and Activities**
The advancement of the Christian faith in accordance with the Basis of Faith primarily but not exclusively within Hoylake 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 teaching of the Lord Jesus Christ in accordance with the Basis of Faith.
## **Achievements and peformance**
We held worship services every Sunday morning and evening and other special worship services e.g., on Good Friday, Christmas Day.
We also held:
- weekly prayer meetings;
- Mums & tots – meeting time for mothers/carers/grandparents etc with a playtime for babies/ pre school children; and ∙ Ad-hoc evangelical activities.
## **Financial Review**
## **Policies on reserves**
Adequate reserves are maintained to fund the charity’s activities for at least six months forward.
## **Availability and adequacy of assets of the funds**
The board of Trustee is satisfied that the charity assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
## **Transactions and Financial position**
The Statement of Financial Activities shows net incoming resources for the year of a revenue nature of £179,481 (2023: £72,214). The total reserves at the year-end stand at £342,048 and there were free liquid reserves at the year-end of £37,558.
## **Organisational Structure and Management**
Hoylake Evangelical Church is a Charitable Incorporated Organisation. We are an independent Church, affiliated to the Fellowship of Independent Evangelical Churches.
The Trustees meet on a regular basis throughout the year and raise concerns of any major risks that are foreseeable. These matters are discussed by the Trustees and any necessary actions agreed at those meetings and actions implemented accordingly.
## **Name, registered office and constitution of the charity**
Date of registration : 13 February 2018: CIO Registration The Principal Office : 3 Birkenhead Road, Hoylake Wirral, CH47 5AE Charity Registration Number : 1177140 Telephone Number : 0151 632 3732
Page 1
## **HOYLAKE EVANGELICAL CHURCH CIO**
**The report of the Trustees for the year ended 31 December 2024 (Continued)**
## **Reference and administrative details**
Trustees and officers serving during the year were as follows:
Huw Willis Mark Foster Ceased 01/03/2024 Peter Davies Ian Anderson Paul Heaps
## **The methods adopted for the recruitment and appointment of new trustees**
Trustees’ selection methods are as proposed by current Trustees and confirmed by vote of Members. We do not currently have a formal policy for induction and training of trustees. The trustees are chosen to bring a wide variety of skills to the charity management.
## **Bankers**
CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Mailing Kent ME19 4JQ
**Independent Examiner** Adding Value Consultancy Limited Studio 6, Bluecoat Chambers School Lane Liverpool L1 3BX **Statement of Trustees' Responsibilities**
The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; ∙ prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 2
## **HOYLAKE EVANGELICAL CHURCH CIO**
## **The report of the Trustees for the year ended 31 December 2024 (Continued)**
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.
This report was approved by the board of Trustees on 22 May 2025.
**Huw Willis** Trustee
Page 3
**HOYLAKE EVANGELICAL CHURCH CIO**
**Independent Examiner's Report to the Trustees of the Charity**
## **Report of the Independent Examiners to the Trustees on the accounts of the Charity for the year ended 31 December 2024.**
I report on the financial statements of the charity on pages 5 to 10 for the year ended 31 December 2024.
## **Respective responsibilities of the Trustees and Examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.
## It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
## **Basis of opinion and scope of work undertaken**
My examination was carried out in accordance to general directions given by the charity commission. An examination includes a review of accounting records, kept by the charity and a comparison of accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts and seeks explanations from the Trustees concerning any such matters. The procedure undertaken does not provide all the evidence that would be required in an audit. Consequently, no opinion is given to whether the accounts present a true and fair view and report is limited to the matters set out in the statement below.
## **Independent Examiner's Statement**
In connection with examination, no matters have come to my attention;
1. Which gives me reasonable cause to believe that in any material respect the requirements;
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Matthew Brown
Adding Value Consultancy Limited
The date upon which my opinion is expressed is: 27 June 2025
Page 4
## **HOYLAKE EVANGELICAL CHURCH CIO Statement Of Financial Activities For The Year Ended 31 December 2024**
**----- Start of picture text -----**
Restricted Total Total
Unrestricted funds funds funds funds
Note 2024 2024 2024 2023
Income:
£ £ £ £
Gifts & offerings 2 255,227 - 255,227 131,645
Rent income 7,440 - 7,440 7,440
Investment Income 5,207 - 5,207 2,576
Total Income 267,874 - 267,874 141,661
Expenditure:
Expenditure on church activities 4 87,853 - 87,853 68,967
Governance costs 5 540 - 540 480
Total Expenditure 88,393 - 88,393 69,447
Net income/(expenditure) and net
movement in funds for year 179,481 - 179,481 72,214
Reconciliation of funds
Total funds brought forward 161,967 600 162,567 90,353
Total funds carried forward 341,448 600 342,048 162,567
**----- End of picture text -----**
The net movement in funds to above in the net incoming resources as defined in the statement of Recommendation Practice for Accounting and reporting issued by the Charity Commission for England and Wales and is reconciled to the total funds as shown in the Balance Sheet on page 6 as required by the said statement.
All income and expenditure derive from continuing activities.
The notes on pages 7 - 10 form an integral part of these accounts
Page 5
## **HOYLAKE EVANGELICAL CHURCH CIO Balance Sheet As at 31 December 2024**
**----- Start of picture text -----**
2024 2023
Notes £ £ £ £
Current assets
Cash at bank and in hand 362,558 163,047
362,558 163,047
Liabilities
Creditors: Amounds falling due
within one year 7 2,013 480
Net current assets 360,545 162,567
Total assets less current liabilities 360,545 162,567
Creditors: Amounts falling due
after one year 8 (18,497) -
Net Assets 342,048 162,567
Funds of the charity
Unrestricted Funds 341,448 161,967
Restricted funds 600 600
Total charity funds 342,048 162,567
- -
**----- End of picture text -----**
Huw Willis - Trustee Approved by the board of Trustees on 22 May 2025
The notes on pages 7 - 10 form an integral part of these accounts
Page 6
**HOYLAKE EVANGELICAL CHURCH CIO Notes to the Accounts for the year ended 31 December 2024**
## **1 Accounting policies**
## **1a Basis of preparation**
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The trust constitutes a public benefit entity as defined by FRS 102.
The functional currency used by Hoylake Evangelical Church Cio is the £ Sterling.
## **1b Reconciliation with previous Generally Accepted Accounting Practice**
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required.
There were no items as at the transition date which required restatement under FRS 102.
## **1c Preparation of the accounts on a going concern basis**
The financial statements are prepared on a going concern. The Charity is entirely dependent on continuing grant and donation support and as a consequence the going concern basis is also dependent on that continuing financial support.
## **1d Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably.
## **1e Donated services and facilities**
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probably and the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised and refer to the trustees’ annual report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
## **1f Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## **1g Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity.
## **1h Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
Page 7
**HOYLAKE EVANGELICAL CHURCH CIO Notes to the Accounts for the year ended 31 December 2024 (continued)**
## **1i Allocation of support costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, payroll and governance costs which support the charitable activities. These costs have been allocated between costs of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 4.
## **1j Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **1k Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably 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 and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **1l Creditors and provisions**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loan which are subsequently measured at amortised cost using the effective interest method.
## **2. Gifts & offerings**
|Gifts from individuals
HMRC Gift aid|2024
£
220,532
34,695
255,227|2023
£
107,911
23,734
131,645|
|---|---|---|
The Trust benefits from the involvement and enthusiastic support of its many volunteers, details of which are given in our annual report. In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the accounts.
## **3. Investment Income**
All of the charity's investment income of £5,207 (2023: £2,576) arises from money held in interest bearing deposit accounts.
## **4. Analysis of expenditure on church activities**
|Pastor Employment Costs
Building Repair Costs
Gifts and Grants
General Office Expenses|2024
£
37,283
8,031
11,235
31,304
87,853|2023
£
34,760
355
9,678
24,174
68,967|
|---|---|---|
Page 8
## **HOYLAKE EVANGELICAL CHURCH CIO**
## **Notes to the Accounts for the year ended 31 December 2024 (continued)**
## **5. Analysis of governance and support costs**
|General Support
Governance
Function
General office expenses
31,304
-
Independent examination
-
540
31,304
540
**6. Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel.**
Salaries and wages
There were no employees who had total remuneration benefits in excess of £60,000 per annum (2023: nil).
The trustees received no remuneration during the year (2023: £nil).
The trustees did not receive any expenses during the year (2023: £nil).
The average number of employees was 1 staff (2023: 1).
**7. Creditors: Amounts falling due within one year**
Accrued expenses
Bank Loans <1 Year
**8. Creditors: Amounts falling due after one year**
Bank Loans >1 Year
Huw Willis, a trustee, was remunerated as above for professional services as church pastor.|Total
£
31,304
540
31,844
2024
£
37,283
37,283
2024
£
510
1,503
2,013
2024
£
18,497
18,497|Basis of
apportionment
Pro rata to staff
equivalents
Governance
-
2023
£
34,760
34,760
2023
£
480
-
480
2023
£
-
-|
|---|---|---|
Page 9
## **HOYLAKE EVANGELICAL CHURCH CIO**
## **Notes to the Accounts for the year ended 31 December 2024 (continued)**
## **9. Analysis of charitable funds**
## **Analysis of movements in funds**
|Unrestricted Funds
Designated Funds
Restricted Funds
Designated Funds
Missionary Funds
Evangelist
Building
Summer Camp
MENS Lead Conference 25
The cash at bank, being the only charita|**Balance at 1**
**January 2024**
£
35,440
126,527
600
162,567
17,803
95,614
12,910
200
-
126,527
ble asset, is allocated to|**Income**
£
127,901
139,973
-
267,874
-
-
139,839
100
34
139,973
the funds as above.|**Expenditure**
£
(77,485)
(10,908)
-
(88,393)
(10,543)
-
-
(365)
-
(10,908)|**Transfers**
£
(48,298)
48,298
-
-
-
-
48,233
65
-
48,298|**Balance at 31**
**December 2024**
£
37,558
303,890
600
342,048
7,260
95,614
200,982
-
34
303,890|
|---|---|---|---|---|---|
## **10. Comparivate statement of financial activities information**
|**Income:**
Gifts & offerings
Rent income
Investment Income
**Total Income**
**Expenditure:**
Expenditure on church activities
Governance costs
**Total Expenditure**
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
**Net income/(expenditure) and net**
**movement in funds for year**|Unrestricted funds
£
131,645
7,440
2,576
141,661
68,967
480
69,447
72,214
89,753
161,967|Restricted
funds
£
-
-
-
-
-
-
-
-
600
600|Total Funds
£
131,645
7,440
2,576
141,661
68,967
480
69,447
72,214
90,353
162,567|
|---|---|---|---|
Page 10
**Registered Charity Number 1177140**
**HOYLAKE EVANGELICAL CHURCH CIO**
**REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **HOYLAKE EVANGELICAL CHURCH CIO**
## **Report and accounts**
|**Contents**|Page|
|---|---|
|Trustees' report|1 - 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the accounts|7 - 10|
**HOYLAKE EVANGELICAL CHURCH CIO**
**The report of the Trustees for the year ended 31 December 2024**
## **Introduction**
The trustees present their annual report and financial statements of the charity for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011, and 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) (effective 1 January 2015).
## **Purpose and Activities of the Charity**
## **Objectives and Activities**
The advancement of the Christian faith in accordance with the Basis of Faith primarily but not exclusively within Hoylake 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 teaching of the Lord Jesus Christ in accordance with the Basis of Faith.
## **Achievements and peformance**
We held worship services every Sunday morning and evening and other special worship services e.g., on Good Friday, Christmas Day.
We also held:
- weekly prayer meetings;
- Mums & tots – meeting time for mothers/carers/grandparents etc with a playtime for babies/ pre school children; and ∙ Ad-hoc evangelical activities.
## **Financial Review**
## **Policies on reserves**
Adequate reserves are maintained to fund the charity’s activities for at least six months forward.
## **Availability and adequacy of assets of the funds**
The board of Trustee is satisfied that the charity assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
## **Transactions and Financial position**
The Statement of Financial Activities shows net incoming resources for the year of a revenue nature of £179,481 (2023: £72,214). The total reserves at the year-end stand at £342,048 and there were free liquid reserves at the year-end of £37,558.
## **Organisational Structure and Management**
Hoylake Evangelical Church is a Charitable Incorporated Organisation. We are an independent Church, affiliated to the Fellowship of Independent Evangelical Churches.
The Trustees meet on a regular basis throughout the year and raise concerns of any major risks that are foreseeable. These matters are discussed by the Trustees and any necessary actions agreed at those meetings and actions implemented accordingly.
## **Name, registered office and constitution of the charity**
Date of registration : 13 February 2018: CIO Registration The Principal Office : 3 Birkenhead Road, Hoylake Wirral, CH47 5AE Charity Registration Number : 1177140 Telephone Number : 0151 632 3732
Page 1
## **HOYLAKE EVANGELICAL CHURCH CIO**
**The report of the Trustees for the year ended 31 December 2024 (Continued)**
## **Reference and administrative details**
Trustees and officers serving during the year were as follows:
Huw Willis Mark Foster Ceased 01/03/2024 Peter Davies Ian Anderson Paul Heaps
## **The methods adopted for the recruitment and appointment of new trustees**
Trustees’ selection methods are as proposed by current Trustees and confirmed by vote of Members. We do not currently have a formal policy for induction and training of trustees. The trustees are chosen to bring a wide variety of skills to the charity management.
## **Bankers**
CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Mailing Kent ME19 4JQ
**Independent Examiner** Adding Value Consultancy Limited Studio 6, Bluecoat Chambers School Lane Liverpool L1 3BX **Statement of Trustees' Responsibilities**
The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; ∙ prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 2
## **HOYLAKE EVANGELICAL CHURCH CIO**
## **The report of the Trustees for the year ended 31 December 2024 (Continued)**
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.
This report was approved by the board of Trustees on 22 May 2025.
**Huw Willis** Trustee
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**HOYLAKE EVANGELICAL CHURCH CIO**
**Independent Examiner's Report to the Trustees of the Charity**
## **Report of the Independent Examiners to the Trustees on the accounts of the Charity for the year ended 31 December 2024.**
I report on the financial statements of the charity on pages 5 to 10 for the year ended 31 December 2024.
## **Respective responsibilities of the Trustees and Examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.
## It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
## **Basis of opinion and scope of work undertaken**
My examination was carried out in accordance to general directions given by the charity commission. An examination includes a review of accounting records, kept by the charity and a comparison of accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts and seeks explanations from the Trustees concerning any such matters. The procedure undertaken does not provide all the evidence that would be required in an audit. Consequently, no opinion is given to whether the accounts present a true and fair view and report is limited to the matters set out in the statement below.
## **Independent Examiner's Statement**
In connection with examination, no matters have come to my attention;
1. Which gives me reasonable cause to believe that in any material respect the requirements;
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Matthew Brown
Adding Value Consultancy Limited
The date upon which my opinion is expressed is: 27 June 2025
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## **HOYLAKE EVANGELICAL CHURCH CIO Statement Of Financial Activities For The Year Ended 31 December 2024**
**----- Start of picture text -----**
Restricted Total Total
Unrestricted funds funds funds funds
Note 2024 2024 2024 2023
Income:
£ £ £ £
Gifts & offerings 2 255,227 - 255,227 131,645
Rent income 7,440 - 7,440 7,440
Investment Income 5,207 - 5,207 2,576
Total Income 267,874 - 267,874 141,661
Expenditure:
Expenditure on church activities 4 87,853 - 87,853 68,967
Governance costs 5 540 - 540 480
Total Expenditure 88,393 - 88,393 69,447
Net income/(expenditure) and net
movement in funds for year 179,481 - 179,481 72,214
Reconciliation of funds
Total funds brought forward 161,967 600 162,567 90,353
Total funds carried forward 341,448 600 342,048 162,567
**----- End of picture text -----**
The net movement in funds to above in the net incoming resources as defined in the statement of Recommendation Practice for Accounting and reporting issued by the Charity Commission for England and Wales and is reconciled to the total funds as shown in the Balance Sheet on page 6 as required by the said statement.
All income and expenditure derive from continuing activities.
The notes on pages 7 - 10 form an integral part of these accounts
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## **HOYLAKE EVANGELICAL CHURCH CIO Balance Sheet As at 31 December 2024**
**----- Start of picture text -----**
2024 2023
Notes £ £ £ £
Current assets
Cash at bank and in hand 362,558 163,047
362,558 163,047
Liabilities
Creditors: Amounds falling due
within one year 7 2,013 480
Net current assets 360,545 162,567
Total assets less current liabilities 360,545 162,567
Creditors: Amounts falling due
after one year 8 (18,497) -
Net Assets 342,048 162,567
Funds of the charity
Unrestricted Funds 341,448 161,967
Restricted funds 600 600
Total charity funds 342,048 162,567
- -
**----- End of picture text -----**
Huw Willis - Trustee Approved by the board of Trustees on 22 May 2025
The notes on pages 7 - 10 form an integral part of these accounts
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**HOYLAKE EVANGELICAL CHURCH CIO Notes to the Accounts for the year ended 31 December 2024**
## **1 Accounting policies**
## **1a Basis of preparation**
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The trust constitutes a public benefit entity as defined by FRS 102.
The functional currency used by Hoylake Evangelical Church Cio is the £ Sterling.
## **1b Reconciliation with previous Generally Accepted Accounting Practice**
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required.
There were no items as at the transition date which required restatement under FRS 102.
## **1c Preparation of the accounts on a going concern basis**
The financial statements are prepared on a going concern. The Charity is entirely dependent on continuing grant and donation support and as a consequence the going concern basis is also dependent on that continuing financial support.
## **1d Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably.
## **1e Donated services and facilities**
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probably and the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised and refer to the trustees’ annual report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
## **1f Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## **1g Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity.
## **1h Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
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**HOYLAKE EVANGELICAL CHURCH CIO Notes to the Accounts for the year ended 31 December 2024 (continued)**
## **1i Allocation of support costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, payroll and governance costs which support the charitable activities. These costs have been allocated between costs of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 4.
## **1j Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **1k Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably 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 and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **1l Creditors and provisions**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loan which are subsequently measured at amortised cost using the effective interest method.
## **2. Gifts & offerings**
|Gifts from individuals
HMRC Gift aid|2024
£
220,532
34,695
255,227|2023
£
107,911
23,734
131,645|
|---|---|---|
The Trust benefits from the involvement and enthusiastic support of its many volunteers, details of which are given in our annual report. In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the accounts.
## **3. Investment Income**
All of the charity's investment income of £5,207 (2023: £2,576) arises from money held in interest bearing deposit accounts.
## **4. Analysis of expenditure on church activities**
|Pastor Employment Costs
Building Repair Costs
Gifts and Grants
General Office Expenses|2024
£
37,283
8,031
11,235
31,304
87,853|2023
£
34,760
355
9,678
24,174
68,967|
|---|---|---|
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## **HOYLAKE EVANGELICAL CHURCH CIO**
## **Notes to the Accounts for the year ended 31 December 2024 (continued)**
## **5. Analysis of governance and support costs**
|General Support
Governance
Function
General office expenses
31,304
-
Independent examination
-
540
31,304
540
**6. Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel.**
Salaries and wages
There were no employees who had total remuneration benefits in excess of £60,000 per annum (2023: nil).
The trustees received no remuneration during the year (2023: £nil).
The trustees did not receive any expenses during the year (2023: £nil).
The average number of employees was 1 staff (2023: 1).
**7. Creditors: Amounts falling due within one year**
Accrued expenses
Bank Loans <1 Year
**8. Creditors: Amounts falling due after one year**
Bank Loans >1 Year
Huw Willis, a trustee, was remunerated as above for professional services as church pastor.|Total
£
31,304
540
31,844
2024
£
37,283
37,283
2024
£
510
1,503
2,013
2024
£
18,497
18,497|Basis of
apportionment
Pro rata to staff
equivalents
Governance
-
2023
£
34,760
34,760
2023
£
480
-
480
2023
£
-
-|
|---|---|---|
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## **HOYLAKE EVANGELICAL CHURCH CIO**
## **Notes to the Accounts for the year ended 31 December 2024 (continued)**
## **9. Analysis of charitable funds**
## **Analysis of movements in funds**
|Unrestricted Funds
Designated Funds
Restricted Funds
Designated Funds
Missionary Funds
Evangelist
Building
Summer Camp
MENS Lead Conference 25
The cash at bank, being the only charita|**Balance at 1**
**January 2024**
£
35,440
126,527
600
162,567
17,803
95,614
12,910
200
-
126,527
ble asset, is allocated to|**Income**
£
127,901
139,973
-
267,874
-
-
139,839
100
34
139,973
the funds as above.|**Expenditure**
£
(77,485)
(10,908)
-
(88,393)
(10,543)
-
-
(365)
-
(10,908)|**Transfers**
£
(48,298)
48,298
-
-
-
-
48,233
65
-
48,298|**Balance at 31**
**December 2024**
£
37,558
303,890
600
342,048
7,260
95,614
200,982
-
34
303,890|
|---|---|---|---|---|---|
## **10. Comparivate statement of financial activities information**
|**Income:**
Gifts & offerings
Rent income
Investment Income
**Total Income**
**Expenditure:**
Expenditure on church activities
Governance costs
**Total Expenditure**
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
**Net income/(expenditure) and net**
**movement in funds for year**|Unrestricted funds
£
131,645
7,440
2,576
141,661
68,967
480
69,447
72,214
89,753
161,967|Restricted
funds
£
-
-
-
-
-
-
-
-
600
600|Total Funds
£
131,645
7,440
2,576
141,661
68,967
480
69,447
72,214
90,353
162,567|
|---|---|---|---|
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