Ridgeway
Church
61. IlllicAri%
RIDGEWAY CHURCH, ST. ALBANS
Charitable Incorporated Organisation no. 1179002
REPORT AND ACCOUNTS
YEAR ENDED 31 DECEMBER 2024

RIDGEWAY CHURCH, ST. ALBANS
Charitable Incorporated Organisatlon no. 1179002
REPORT AND ACCOUNTS
YEAR ENDED 31 DECEMBER 2024
Contents
Page
Report of the Trustees
Independenl Examiner's Report
Statement ol Financial Activities
Balance Sheel
Notes lo the Accounts
9-15

RIDGEWAY CHURCH ST AL8ANS
Charltable Incorporated Organisatlon No. 1179002
Trustee5' Repoit for the Year ¢nding 31" December 2024
'In the beginning was the Word. and the Word was wth God, and the Word was God., This
vefse from the beginning ol John'5 gospel Chapter 1 speaks of Jesus as the living and eternal
Word throu9h whom we are foroiven and Ihrough whoTn we become members ol the family ol
God. We continue lo enjoy God's ble%8iriJ through the ministry of Ihe Bible and the lelbw5hip
of Christian believers.
The Trustees pre5enl their report with the financial statements of the charrty for the year ending
31* Oecember 2024. The Trustees have adopted Ihe prov1510n5 01 Accounting and Reporting
by Charilies.- 3pplicable to ¢haiilies prep8ring their Iin8ncial slalemenls on a Receipts and
Paymen15 basis CC16b.
OBJECTIVES AND ACTIVITIES
Obl•ctlves and Aim5
The Trustees have based their report on the Chaiily Comrnission's guidance on public benefit
The church's objectiv￿. activities and their decision making related lo that are. In the opinion ol
the Trustees. compliani wilh that guidance.
The primary objective of the chui¢h 15 the advarKement of the Chiisliqn faith, both in the UK
and overse2s. by Ihe teaching ofthe Bible and by promoting prayer and fellowship among51
Christian believers. The church also seeks the advancement of public bÈnelit through religious
education of the Ch1151ian lailh and engaging In a number of mercy rninislries. as ouuined
below.
The Church's PastOl81 Team
Our pastoral team ¢ompiise$ the Senior Pastor, Simon 0g￿￿rn and the Asslstanl Pa510r.
Charles Reid
The Church's Mini5trles
The regular Sunday services of the church are held al Sandringham School. During the
morning service we run a creGhe lor children up to nursery age and Bible classes for children
from School Years 1 to 9.
The form81 ol our Sunday afternoon and evening seNices have changed during 2024 These
meetings alternated befften prayer meeliws, a Theology study group and an evening service,
the evening se￿l¢e either in person, at Sandringharn School, 01 held remotely on Zoom At
the Start of the year we conlinued to meet monthly foi prayer on Sunday afternoon Prayer
meeting5 aFteinatecl between the monthly Weekn￿￿t meeting and the monthly Sunday afternoon
prayei gathering In the autumn the weethighl prayer meeting was dropped in favour of the
Sund8y afternoon player galheiing," we now rneol monthly lor prayer on Sunday
atternoons The monlhly Sunday afternoon 'Theology foi Life, meetings Gontinued from Januafy
lo July. The monthly iemole evening Servi￿ on Zoorn 15 to encour2ge metnber$ who would
not otherwi￿e be able lo meet In person The link for the Zoom service 15 sent lo all members
and lo other fegular 8ttendeis who wish to recewe it.
The church also uses the Jersey Farm Communily Centre for a weekly Fiiday afternoon carè.
This wee￿Y café has continued to be a sonificani link with the wider community. In coniunclion
wilh the charity Rennie Grove Peace Hospice the café hold5 rnonlhly bereavement support
sessions. several Members of R￿9￿Y Church join wlh the Rennie Glove volunteers to run
these sessions. The café also runs monthly art sessions which In¢ludes w*ercolour sketchino
and fingei painting ¢lasse5.
Our midweek night meetings continue monthly to gDie memb2r5 the opporlvnily lo join
5maUer church gioup loi fellowship and Bible study

Other ministry gioups continued this year.. the women's Bible study group5, the Fnen'5 and
women's Saturday morniru breakfast meelillg5. Despite no longer having a regular monthly
setwice at Parkside View shellered housiry complex we weie able lo arrange a cafol seivice al
ChrElrnas foi the residents.
We had our church ANYdy Day on 4th May 2024 al All Nalioro Christian College and led by
Jim Murkett". Jim works loi the charity UCCF and 1$ localecl in the M*Jlands The beautiful
environment of Ai Nations College was once again a lovely venue for great fellowship and
stimulating leaching.
We have foi a number ol years di8tributeO Invitat￿n$ lo the Marshalswi¢k and Jeisey Farm
housing e51ates Al Christmas we arranged open-air carol Singing al the Marshalswick
Quadrant. Our annual singing ai the Blackberry Jack puty in Jersey Farm was aL%o very
well attended.
The ¢hurch his organised a number ol olhei public adivilies lo leach out lo the community.. a
Chr15ttna5 Fayre and a Chinese New Year event in February
Giant Makin9
The church SUPPDrts a number ol individuals and org3nisalions We 5UPPOrt a family living and
working In Sapporo. Japan.. they 8re members ol the OMF rnissionary organis81ion
All grant5 are apwoyed by the Chui¢h Business Meet￿g and are Ind￿ed in the annual budget.
The grants are reviewed fegularly lo asses$ the needs of the reclpienl$ and the availabilrty of
funds.
As part ol our concern for different ¢auses. inc￿￿l￿g local 5eGular charities as well as Chiistian
relief ageneies, we have appea15 ai Chiislm2s and al Harve51 Iseplernberl to r31se money for
their suP￿rt
Receipt of Grant5
In 2024 granls lolalling £11,500 were re¢eived to assist in the 5UPPOrt of our ASSL81ant Pastor.
ACHIEVEMENT AND PERFORMANCE
Charitsble Activities
The churth has continued lo focus on the leachiro ol the 8ible and promoting prayer and
lell¢)wshlP through the teaching and oulrea¢h ministries outlined above.
FINANCIAL REVIEW
Prlnclpal Funding Souices
RIdge￿Y Church St Albans continues lo be primarily ￿eper￿ent upon Ihe donations made by
the church members. We are grateful lo God for ihe conlinued financial support from the
Ridgeway Church fellowship Ihroughoul 2024.
Investment Poll¢y and Oblectlves
The church's sole property assel 15 ¥ 74.556Sg¢h share in the home of the Senior Pastor
Rèserves Pglicy
11 Is not the policy of the church lo increase general ieserves. Al the end 012024 the ehurch
had reseives equiv?IEnl lo expenditure 0110 weeks. In our 8alance Sheet we have a
designated Building Reserve v4hi¢h currently Stands al £49.400

STRUCTURE. GOVERNANCE ANO MANAGEMENT
Governing Document
The church is a Chaiilable Inc￿[￿rated Org8nis81i(n The church's governing document is Ihe
wrrtten Conslilulion approved at a Church Business Meeting on 3rd May 2018 and apwoved by
the Chafily Commission on 2r4 July 2018. The Conslilulion was arnended 81 the AGM on 11th
JU￿ 2024 The amendment relaled lo the recording of the seciel ballot. The re5ulI of a 5e¢rel
ballot will be recor¢e4 in the minuies olthe Church Business Meeting. However the numbef of
votes cast lor and against the resolulion wll be recorded separately and made avaiLable
privately il i¥uesle(J in wiling.
Recruitrnenl and Appolntment ol New Trustees
The Trustees comprise the Senior Pastor, thÈ Assistant Pastor and three non-paslual team
membeis. Re¢ommendalions to appoint new Trustees are brought lo the CBM by the Trustees.
They ale appoint￿ at a Church Business Meeting by a re501ulion that must be passed by a
majority of 75% 01 the quoium Ihen present. The ie¢iuilmenl ol Tru51ee5 Is sel out In the
Church's Handbook and Constitution. The non-ptsloral team Tiv$lee5 are appointed lor a five
year term of offi¢e.' the pasloial team Tru51ee5 remain Tfuslees ￿til they iesign from the
pa51oral team.
Recruitment and Appolntrn?nt of theTrea5urei
Recornm&n¢Sal￿onS 10 3ppoinl a new Treasufei are brought lo the Church Bu51ness Meeting ty
the Trustees. The Treasurer 15 appointed al the GhurGh tneeling by a resolution th21 must be
passed by a majority of 75% of the quorum then present. The Treasurer is 2ppoinled for a five
year term of ofti¢e.
Organlsalonal Structure
The Tiuslees meet Ir>rtnighlly akem8tiro be￿eTh wayer and church bJ5ine5s. They also
regularly rneel wth thB Treasurer lo rev*w and dscuss the financial affairs of the church.
The agend8 for Church Bu51ne55 Meetings is sel by the Truslee$.' Church Bu$1ness Meelings
Bre held regularly Ihroughoul the year. At these meetings members revie¥v and make decisions
in re5PDnse to the le3dership and work of the Trustees and Treasurer All ImpDrtanl rnatter5
¢orKerning finance are brought to the church members lor decision The annual budget 15
approved by the Church Business Meeting normally he￿ In November, before Ihe Slart of our
new finan¢ial year
One Trustee rneels regularly wlh the Trea$ur&r lo discuss Iinan¢ial 35p*cts of the chur¢h's
wiyk Another Tiuslee h35 the iesponsits-lily for $31eguaiding,' to ensure that the church
complies with the p)I￿Y apwoved by chuf¢h mernbeis.
Induction and Trainlng of New Trtjstees and Tieasurers
New Trustees and Tieasuiers ale biieled a5 nece55aiy on Iheii obligations under charity law.
the Ridgewdy Chur¢h Sl Abans. Conslilulion and the decision-making wopsses of Ihe church
Rlsk Management
The Truslees roulinely assess the risks that the church lace5 Including financial, pa$tor213nd
other physical risks. These Include bul are not limited to. cotnFAeling Risk Assessment forms lo
cover each church xtwrty,. airanging appiopriale in5uiance covef. evalualiro safeguafding risks
fof chuich activilies.
Saleguarding B Ihe responsibilily ol all church member5. pailicularly Ih05e Involved In leading
church min1511ie5 The safeguarding training Ihal e￿h volunleer musl aiiend ernphasi5es the
tscl Ihal each person ha5 a respons1￿litY foT the care ol each child vulnerable *ult Every
volunieei inVo￿ed in church ministries L4 routinely DBS thecked encouraged lo sign up lo
the OSS UFé3le service Final responsilylily lor safeguarding ullim3lely lies wrth the Trustees
The trustee iesponsitrje for saleguardirg submits an annual safeguarding report lo Ihe Truslees.

Thè church Is a 'Gold' iiiember ol Ihe Chilslian SafeguardiTrJ Servkes Ihll ."Ilthecss co ukl
The church's safeguaidin9 polley was rewsed In 2021. ba52d on the model poli¢y piepafed by
Chrislian Safeguarding Setvices ICSSI and is u￿lated regularly based on advice Irom them.
The gold membership of CSS also allows us to Use their advice services. The training given lo
volunteers by the Safeguardirg trustee 15 based on CSS Iiaining courses. the lalesl one
attended was in September 2024. CSS highlighted the need lor volunteer trainiThJ lo include an
awafeness ol dome$li¢ abuse.
The church has a GDPR policy and all data held by the church complies with the provisions of
the ￿l1¢y. Revised policy dated April 2024 is based on the mo(Jel policy from Edwards Connor
Solicitors. The Church 15 introducif& the use of the 50knre Church5Ulte lo ensure Ihat Ihe data
held by the church is held se¢uiely and in compliance ￿ryth GDPR
A revised Heallh and Safely pcsh'cy dated OciobEr 2024 was15sued. The policy was base¢J on
document pu&4ished by'church Ofi¢e' 0 2020. The new H8S policy Incorporates a revised fire
eva¢uation procedure. We conducted a fire ev8cualion drill loi the Bible Club classes anij
Cr05sway Ischool years 1 to 91.
Membershlp of other or9an15ations
Ridgeway Church St Abans 1$ a member of the FellO￿hIP of Independent Evangeli(al
Churches IFIECI an¢ the Evangelical Alliance IEAI.

REFERENCE AND ADMINISTRATIVE DETAILS
RegISt￿ed Charity Nurnber 1179002
PrincSpal Addres5
34 Wyn¢hland5 Crescent. Sl Aban8. Hertfordshiie AL4 OXL
Trusiees and eldtrs
Simon Ogbouin, SeniDI Paslor
Charles Reid. Assistant Pastor
Pelei Buckley (appointed May 2022 foi a term of S yeaisl
Jonathan Kefa5 (app￿nted June 2023 3 term of 5 yearsl
Gift Mlalazi13ppoinled May 2024 lor a term of 5 years)
Independent Examiner
P Dean FCIE
Uxbiidge
m￿dX UB8 2BA
rTeasurer
Ben Afariloppoinled November 2023 for a term of 5 years)
ASSISt￿tTre95urer
Frank Akpan (appointed November 2023 for term of 5 yearsl
Bankeis
Lloyd5 TSB 8ank plc
Sl. h￿ban$ Branch
PO BoX 1000 BX1 1LT
Ki￿d0M 82nk
Beeston, Nottingham
NG9 2RS
Chuich Web51te
church n
FIEC Registration nwnber $364
EA Membership nurnber 240379
Appioved by the Eldeis and Trustees and svJned on their b half by.
ckley
J Kefas
Oale..
7o2r

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
RIDGEWAY CHURCH, ST, ALBANS
Charitsble Incorporated Oryanisation no. 1179002
I report on the accounts for the period ended 31 December 2024 set out on pages 7 to 15.
Respectlve responsibilities of trustees and examlner
The Gharily's Iruslees are responsible for the preparation of the accounts. The charity's trustees
consider that an audtl is not required for this year under sèction 144 of the Charities Act 2011
(the Charities Artl and that an independenl examination is required.
11 is my responslbilily 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{5llb) of the Charib'es Acll., and
to slate whether particular matters have coffle lo my attention.
Basis of the ind8pendent examingrfs Teport
My examination was carried out in accordance with the General Directions given by the Charity
Cornmission. An examination includes a review of the accounting records kÈpt by the charity
and a comparison of the accounts presented with those records. 11 also includes consideration
of any unusual items or disclosures in the accounts, and seeking explanations from you as
tru51ee5 concerning any such matters. The procedures undertaken do not provide all the
evidence that would be required in an audit, and consequently no opinion is given as to whether
the accounts present a 'true and fair view ' and the report is limited lo those m8tlers sel out in
the statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my allenlion..
{1)
which gives me reasonable cause to believe that, in any material respect. the
quirement8
to keep accounting records in accordance with Section 130 of the Charities Act,. and
lo prepare accounts which accord with the accounting records and lo Gomply with the
a¢¢ounling requirements of the Charities Act
have not been met., or
121 to which. in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
P Dean F.C.l.E
7 Stirling C105e
Uxbridge
Middlesex
UB8 2BA
Date..
(61

RIDGEWAY CHURCH, ST. ALBANS
Charilable Incorporated Organlsation no. 1179002
CHARITY COMMISSION STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENOITURE ACCOUNTI
FOR THEYEAR ENDED 31 DECEMBER 2024
Restrrcted
income
lunds
Unie5trl¢ted
funds
Note
2024
2023
Incoming resourcgs
Incoming rp50ur¢e$ from
generated funt15
Voluntary Income
Aclivilie5 for generating
lunds
Charitable Activities Incorne
Inve51rnent in¢ome
131.515
19.385
150,￿0
141,005
1.071
4.774
1.681
1.071
4,774
1.681
2,593
5.252
t,556
TolBI incoming resour¢e$
139041
750.405
R8sour¢¢s expended
Costs of Generatln9 Funds
Fundraising trading cost$
Charitable aetivilie5
1,013
1,013
726
154,463
3,060
157,523
752,723
other
fjo
Total resource$ expended
158,596
Nei incomlng/loutgoing)
resotrrtes before iransler5
116.4951
16,325
11701
(3,043}
Gr05S tiansfers b&￿een
fund5
10
11,500
111,5001
Net movement In funds
14.9951
4.825
11701
13.0431
Funds brought foywzid
from 2023
312.470
5,707
318,1n
321,221
Tolal funds c8rried lorward
10.$32
318,007
.718 q75

RIDGEWAY CHVRCH. ST. ALBANS
Charllable In¢ofpoTaled Organi5atlon no. 1179002
BALANCE SHEET
AS AT 31 DECEMBER 2024
Unre5tiirted
lynd5
Restricted
income funds
Notg
2024
2023
Fixed assets
Investmen15
227.560
227,560
227,560
rotai fixed as5915
227.560
227 560
227,560
Current assets
Cash at bank and In hand
79,915
10,532
90,447
90,618
rotal currenl assets
79,915
10.522
90, 618
Net cuirenr assers /fllablli(ies}
79915
10.532
90.447
9D.618
Total assets less current
liabllitle5
307.475
10.532
318.007
318, 178
Provisions for liabilitle$ and
charges
Net assets
307,475
10.532
318.007
318.178
Funds of the Chaiity
Unfestricled funds
De51gnaled fund5
Restricted income fund5
30.515
276.960
30,515
276.960
10.532
279.207
5. FOT
10,532
rotai funds
307,475
10.532
318,007
378, 176
Approved by Ihe Elders and Trustees and signed on their behalf by..
P Buckley
J Kelas
Date
2r

RIDGEWAY CHURCH, ST. ALBANS
Gharbtable Incorporated Organlsallon no. 1179002
NOTESTO THEACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIE5
Basis of prepaialion
The 2024 accounts are prepared on a receipls and payrnenis basis
Funds
General funds repre5enl Ihose funds ol the church Ihat are not Subierl to any reslii¢lions
regarding Iheir use. Where general funds are set aside loi a particulai puipose lde51gnaledl,
these funr15 are aLs0 unrestricted.
Invesltnen15
Investments ale cairied in the Balance Sheet al cost.
Gifts in kind
Gits in kind are a¢¢ounted for at a reasonable estimate of Iheii value 10 the church. Gifts In kind
for use by the church are included in Ihe SOFA as in¢oming resources when recewable
Tangible fixed assets
Fixed assets are eXPe￿ed In Ihe Slalement ol Financial Activrties In the year of acquisition
There were no purchases over £200 durirg 202412023 filing cabinet £2051.
Pension5
The churGh contill￿te$ 6% of salary into the employee's per80nal pension scheme This 1$
expensed as Incuried
1.7 Excepted charity Status
The Church oblained 118 own chaiily numkRr 1179002 on 2. July 201e and Ihe tiansler of all net
assets and liabililies lo Ihe C.1 O was tompleled on 3111 Oecember 2018.
Grants recewed
In 2024 Iwo grants of £10.000 and £1,500 were recewed lo support the appoinltnenl and
Iiaining of an Assisianl Pastor.

RIDGEWAY CHURCH, ST. ALBANS
Charitable Incorporated Organisation no. 1179002
NOTES TO THEACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
ANALYSIS OF INCOMING RESOURCES
2024
2023
Giving
R¥Jgeway Building Fund
Tear Fund
131.$15
127,796
6,324
10
675
Chfistrnas Appeal
other Restricted
926
884
625
150
Voluntary in¢ome
139,400
129.505
eookslall
671
838
other Incotne
400
1. 755
Activltles for yeneiatlng funds
1.071
2,593
ntere5t received
1.556
Investment income
1,681
t.556
Cafe Incorne
2.755
2,320
Away Day Income
1.980
2,710
Events Income
39
222
Charitable Activities Incom8
4.774
A55islanl Pastor Giants received
11,500
Y1,500
Non- recuriing Irscome
11.500
Total In¢tsming Resources
158.426
lJU.J06

RIDGEWAY CHURCH. ST. ALBANS
Charitable Incorporated Organlsallon no. 1179002
NOTESTO THE ACCOUNTS FOR THEYEAR ENDEO 31 DECEMBER 2024
FUNDRAISIPJG TRAOING COSTS
2024
2023
8ooksts11
Newspaper fw resale
618
108
726
45
1,013
CHARITABLE ACTIVITIES
2024
2023
Note
Gifts I grants to Indivyjua
Gift5 1 grants lo In$litulions
Administration and support
R8nt
2.361
7,055
11,271
73,416
103.587 96,784
19.295 16, 765
426
407
Insuran¢e
Equiprnenl purchased 8 repars
645
689
Printirg. slationefy art ofri¢e Gosl$
Wetsrt&
3,359
366
2.953
891
Publicity and Books lor general use
Sub$¢iipts'ons and membership5
8ible Club
813
4,640
3.861
215
151
Visrting Preacheis
Events l m￿S1On
520
1,141
t,J27
Travel & subsistence
1,585
1,569
Repairs & maintenance
Jersey Fatrn Comtnunily Cale
Away Day
AcGounl Independent Examinalion
Professional lees
5, 790
875
515
1,010
49)
45
4,775
1,259
88nk char9es
Olhef
141
229
39
157,583 ti2,723
160

RIDGEWAY CHURCH, ST. ALBANS
Charitable Incorporated Organisalion no. 1179002
NOTES TOTHEACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
STAFF COSTS
The slaff costs durlng the year were".
2024
2023
Salaries
Ernploye15 National Irtsurance ¢0$18
Pension cosls
Olher ExpensE5
91,808
4,035
4,867
2,857
86,177
3,107
4. 707
2, 793
Totsl stall Gts5t5
103 567
95.784
2024
2023
The everage number of ministers and full-lime equivalent
ern￿OyeeS in the period was.
No Tru51ee5 received any remuTreraiion or re1m￿rSel expenses In Iheir capacity as Trustees
Sirnon Ogb)uin received remuneralion for pasloial work. induding 2 ¢onlribulion of 6 per¢ent
ol stipend inio his own pensioll scheme. Chailes Rehd was appointed Asshsiani Paslu from
151 August 2022 on a three year full-lime coniracl. extended by another year In November
2024 His iemuneialion including a payment 016 percent DI stipend InlD Ihe church pension
scheme with NEST, remained unchange(J Bolh the Pastor and Assisiani Pa51oT received
reimbu15emEnt lor expenses Incurred on behalf ol the chaiily

RIDGEWAY CHURCH, ST ALBANS
Charitable Incorporated Organlsaiion no. 1179002
NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31 DECEMBeR 2024
GRANTS AND GIFTS
Grants to Institutions
Grant5 to Indlviduals
Z024
2023
2024
2023
Tear Fund
615
Zion Church St Ive8- r Demiek
1,ofxl
t.Doo
Sl Albans & Dislrict Foodbank
STEP
971
691
300
Fellowship Fund
Holy Trinity Fiogmore
Preparalivn lor Christian ministry
OMF- John & Sian N￿On
1,561
755
550
8￿)
300
9.000
9,000
UCCF- S Redmayne
2.361
1.055
INVESTMENTS
2024
2023
At cost
1 January 2024
227.5
227.560
310ecember 2024
227,560
227,560
The inve51menl Is the property situated al 34 Wyn¢hland5 Cre5cenl. and is part-owned by
Simon Ogbourn IPaslor-Elderl The Investment was Iransleiied by Ihe Independent Chapel
Ispicer Slreell on Ihe church's foimalion. evidenced by 3 Deed ol Assignment dated 13"
Decelnbei 2010. Th15 rewe5enied the Independent Chapel's 74.55Vh Interest In the property.
Since the Investment syoperty is occup.ed solely for church purposes. the Trustees and
Treasurer cons￿er Ihe significanl cost ol an independenl valuation al the yearend lo be
excessive compared with the additional benelil deFived by the usefs of Ihe aceounls in
assessing the Trustees and Treasurer's stewardship of Ihe asset. In the opinion ol the Trustees
and Treasurer the nel rea115able value. assuming va¢anl wssessign, of the PfgPErty would
exceed the book value shown in the accounts.

RIDGEWAY CHURCH, ST. ALBANS
Charitable Incorporated Organlsatlon no. 1179002
NOTES TO THEACCOUNTS FOR THE YEAR ENDED31 DECEMBER 2024
DESIGNATED FUNDS
Fund
balance5
Carried
loiwaTd
Funds
Biought Incoming Outgoing
Foiwai
resoui¢es resources
Transfers
name5
34 Wyn¢hland5 CresGenl
Building Reserve
227.560
51.647
227.560
49,40D
276.960
2,247
2,247
2T9,207
This ieseNe is maintained al an arnounl equal to the sum eypended on Ihe property at 34
Wyn¢hlands Ciescenl.
RESTRICTED FUNDS
Fund
balances
carried
forward
Funds
Brought
Foiward
Incoming
resouices
Outgoing
re$ources
Tran$lers
name5
Fellowship FUTh4
Chrislmas Appeal
RidgeN￿Y Building
Fund
5, 157
550
625
11.fj391
19711
4.143
926
505
6.324
10
14501
5.874
Tear Fun
Assislant Pastor
Grants
10
11.500
11,5Q)
5,707
19,385
3.060
11,500
10.532
The Fellowship Fund is use($ lo exwe55 love and concern for one another and olhers with
whom the church are in trAJCh.
The Ridgeway Building Fund was setup during Ihe yEar lo receive donalions lor. and lo covei
expenditure towards the explor81ion and. If viable, the prwuremenl a￿lor development ol a
church LyJilding for use by R￿gewaY Church
Tear Fun¢J is a Christian organisaliDn lor whom Ihe church ¢olle¢led specific donation$ frorn the
ongiegalion. The Christmas Appeal Is allocaled to Christian oigan153tion$ nominaled by the
Elder5 and approved by rnember5 A Payment of £971 was made lo Sl Alb2ns and District
Foodbank
Charles Reid was appoinled a5 Assistant Paslor on 1st August 2022 working lull lime wlh an
initial Ihfee year contract, exlended by anolher year In November 2024

RIDGEWAY CHURCH, ST. ALBANS
Charitable Incorporated Organisation no. 1179002
NOTESTO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
10.
TRANSFERS BETWEEN FUNDS
From Fund
To Fund
Rea50n
A551Stanl Pastor
General
Monthly salary transfer ofgranls
11.
PROFESSIONAL FEES
£450 was pald for the indeFendenl examination ol the 2023 accoun15. Professional fees mainly
comprise PayrDII SeNices £990, Prolessonal le25 toward5 church building project £2.696 and
fee5 foi legal advice £1.080.