Chadty rgglstratlon number 1180478 {England Ind Wales) Company Teglstrntlon numb•r 11140822 ACTS CHURCHES UK ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Caladine Chartered Certified Accountonts
ACTS CHURCHES UK LEGAL AND ADMINISTRATIVE INFORMATION Trust••s Mr M P Collard Mr S Monk rA Schoeps (Appointed 6 June 2024) Secrgt•ry Mr8 S Gordon Chjrlty number (England and Wal981 1180478 Company nurnber 11140822 Prlnclpal addrns• Su6te 4 47 Monument Hill Weybridg Surrey i(r13 8RN Roglst8rod offlce Sulte 4 4547 Monument Hlll bndge Surrey KT13 8RN Independ•nt •x•mln•r Colln Dad8well FCA FCCA DChA Caladine Llmllgd Chantry House 22 Upperton Road Eastboume E08t Sus8ex 8N211BF
ACTS CHURCHES UK CONTENTS Pag• Trustees, rewl ststement of TwBtee6' ro8pon8ibillle8 IndeFerKlent eX8mlne¢8 roport Statement of finandal activltles Statement of flnan¢l81 po8ltion Notes lo finanal slatemenlJ 7-13
ACTS CHURCHES UK TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 The Tfustees present their report and finandal stalemonls for tho year ended 31 Deeember 2024. The flnancial statements havg been prepared in accordènce with the atLounling policles sol out in note 1 to the fjnancial statements and comply wth the Charity's Memorandum and Artlcles of Association, the Companies Act 2006 and "Accounting and Reporkn"ng by Charilie8'. Statement of RoGommended Practice applScable lo tharSties preparing their accounts in accordan with tho Flnancial Reporting Standard applicable in the UK and Republic of lieland {FRS 1021 (effedve 1 January 20191.. ObJectlvo0 and actlvltlos The Chartty'5 objects are lo advance the Christian Fallh for the publ1¢ benefit and lo fulfil othfjr exclusively charllable purposes connected with the charitable work of the eharity in particular by asglsting Ioc81 churches of the movement in promoting and preaching the Word of God, by making provision for and supporting such charities wlthin the United Kingdom or world as the Irusl&es think fil, and by carying on educational works of a Chfislian naluro. There has been no change in these during the year. The mission of the Gharlly 18 '1mpacling our worfd for Christ through partnershlps of effectlve local chuheS and aensIOn mlnislrfes" To this end. Acts Churches UK acts as an umbrella organisalion for a number of churches in the UK. 11 exists lo offer a 8pace for neorkIng and devgloplng relatsonshlp8 beknn pa8lors and churches within the Acts movement. Public ben81il The Tru$tees have paid due regard to guldance 1$8ued by th9 Chadty Comml88ion in d8dding ¥t activi8¥ the Charity should undertake. Achlovem•nl8 And performance In 2024, leaders from within Acts Churthes UK ioln¢d together wllh others from across the globe lo attend the Apostolic World Conlerence in New Ze8land, with the aim ol foslerfng greater connection beeen n81ion81 Apostolic movements around the world. Act8 leader$ also attended the 3rtJ Shoul Europe Conference, hdd in tho UK in July 2024, where they were abto to connect with olhgr leaders from ocro88 the Act8 movement. Church development continues to b¢ a focus of Ihg charlly. In 2024 th18 In¢ludad supporting an Acts church as il tr8nsilion¢d from JD Chureh lo Equippers Church Swindon, Edge Church Bristol. who have around 400 people attending Iheif Sunday moming service. also transitioned lo beGome an Equippers church and jolned Acts Churche$ UK. Othèr churches wllhin the movement have also seen advaneement wlhln 2024. Equlpper8 Church Is pursuing the purcha* of a large 400 seat8r Hall for its WeW)ridge location and Ils Wesl London location will be moving lo 8 new Vgnu8 earty in 2025. In Order to secure a more aceesslble and visible preserKe in the heart of West London. During 2024 we were exelte(I to see slep8 being taken towards tsvo new ¢hurch p18nts whlch vlll be part of the Ac18 Churches movement., one in Birmingh, UK and the other in Braga, Portugal. Teams are belng put In plaGe and both locallons will bagin interest nights and thgn regular church gatherings In 2025. Funds were also used to help develop and dis¢iple olherActs Churches UK leaders and SUFPOrt their attenda at widgT leadership gatherings. We Mntinue to identfy and ordain new A¢ls aCdItOd pastors. Church development and the connection of national Apostolic leadershlp teams will cOnn9 to be a focus in 2025 including supporting the ongoing work of new and growing Act8 churches and emerging leaders. Flnanclal revl•w There was a surplus of £9,410 for the year12023'. defidt of £16,449). Totsl reserves carried fornard were £36,556 12023.. £27,146).
ACTS CHURCHES UK TRUSTEE8' REPORT (INCLUDING DIRECTOR'S REPORT) ICONTINUED) R)R ThIE YEAR ENDED 31 DECEMBER 2024 Reswvgs paliey It Ib the pOty of the Chgrfty th&t unreslrfcted frJnd8 whl¢h have been dè¥lgnated for ¥ apècfflc usè should bo rn¥lThtsined at a lev61 equlvalenl lo bets¥e8n three and 85y mcffjth's Qxpendtture. The TNst••g con8lderth¥l fesei at thlslgvel 11 en$ure that. In the event of a slgnlficanl drop In fundlng, they 11 be able lo contlnuè Ihe ChArV$ Y•nt a¢aMllo8 whll? 9)n¥lderaUon l¥ glven to Way8 In whlch addtt(trnal fvndo may be r4i$¢d. Th1$ level of re6ervo8 h•• ty••n rMintaln&J thtougmuttho y•W. M8Jorrf#ts The Twilets have ali¢• th• mar to whlrh th• Ch•rty l• •XPts. ThJ i•thfvd •y•t•n• Arn p4 to mlugats tt0r• lo Ihe mr rfa. 81nKtuT•. g¢¥•rn•n •nd m•Mgwn•ftt Th• Chgrlty l# a Ilmiltrd by guarnntet In¢x)rporat•d on 8 January 2018. Acuvttkn cornnc•d wmh th• lrnn•frr of Irorn th• unlno)rporat•d tru•t Chuth• UK Wor•tt chaity No. 113S429 on th• 8th F•bN•ry 2019. Th• ThJ•toM •r• Allo tho thr•¢torn for th• pu) ol cry•ry w, •nd •gr¥•d th• y••r •nd up to lh• d•t• 01110n•ve olth• fwJAI tht•nKDt• w•rn'. Mr M P Collard Mr S Monk Mr D Blrd MrA8thMp• (Reslgn•d 8June 20241 {+14ytht•d8 Jun• 2Q41 R•crnltrnent•nd 8ppdnlrn8nlofirnato Non• oftho TN8ts•• ary b•n•lclal Int•rn•t In lh• &Jmp•ry. oftho TMt•e8 olth• Tnmt w• m•mborn ofth• )n¥>w and guar•nte• * Ly)ntrltxrt• £1 In •v•nt ol• *rfndlrvJ up. Thjst partwa¥ •pwov•d by th• Boord orTnte9 Mr M P ColLqrd
ACTS CHURCHES UK STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees, who ore also the directors of Acts Chur¢hes UK foT the purpose of company law, are responsible for preparirrfJ the Trustees. Report and the financial slalements in accordance wth applicable law and Unil8d IngM Accounting Standards Iunhted lQngdom Generally Accepted Accounting Practice}. Company Law requires the Trustees to prepare financial stalemgnls for each financial year vknlch give a true and fair view of the state ol affairs of the Charity and of the iricoming rasources and application of regources, includirvj the income and expenditure, of the charitable company for that year. In preparing these financial stslements. the Trustees are required to.. select Suitable accounllng pollues and then apply them consistently.. ob80rv• the methods and principle8 in the Charities SORP., - make judgements and estlmale8 that are reasonable &rKI prudent.. slate whether appllcable UK Accounting Standards have been followed. Bublect to any malerlal departures disdosed and explained in the financial 5talemenls', and prepare the finandal $latements on the going concem ba615 unloS8 It18 inapproprlale lo prosum that thè Chartty will contlnue In operatlon. The Trustees aro respon6Sble foi keeplng ad8que accounting records that dl8close reasonablé accuracy at any lime the financial position of the Charily and enable them lo ensure that the financial stslemert$ comply wllh the Companios Act 2006. They tre 8180 responsible for safegLarding the assets ol the Charity and hence for taking feasonable steps for the prevenlion and deloclion ol fraud and olheT irregularities. Company law re¢wires the Trustee¥ lo prepare fin8nci8181alemgnts for each financial year whlch glve a true and falr view of the slate of affairs of the Charity and ot the in¢oining resources and applicatlon of rasourc48, Includlng the Income and 8xpendrture. of the charilabl¢ company for that yeaf. In preparfng these financial statements, the Twstees are required to.. select suitabl6 accounting polides and then apply them consislenuy., observe the methods and prlnciple8 in the Charllies SORP.. make judgements and eslimales that are reasonable and pruden[ slate whether applieable UK A¢counliNJ Standards have been folbwed, 8ubj$¢t to any materlal dopartures di8dosed and explalned in the financial $latements', and prep8r8 the financial slatgment8 on the going concern b8818 unless it Is Inappropriate to pre$ume that the Charlty 11 continue in operatlon. The Trustee5 a responslble for keeping adequate accountlng re¢ord8 Ihat dlsdos9 th reasonable acGura¢y at any Ilme the financial position of the Charity and enable them lo ensure that the financial ststemerts comply the Companies Act 2006. They are also responsible for safeguardlng the assets ol tho Charity 8nd hertt fof taking reasonable steps for the prevention and detection of fraud and other iryggularits'es.
ACTS CHURCHES UK INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ACTS CHURCHES UK I report to the Tmstees on my examinats'on of the flnanaal sialements of Acts ChuTche6 UK (the Charity) for the year ended 31 D•c•mb8r 2024. Rwpon•lbllltles and ba$18 ol rgport As the TNsleeB of tho Charlty land also Its dlredors for the PUTP05es of ccxnpony lawl. yov are mspon8lble for the preparation ol lh¢ ffin8ncial statements In aCCOTdBnce wth the requlrements of the Companie8 A¢t 2006. Having BaUBfied myself that the finand81 stat•ment8 of the Charity aTe not requlred to be 4udh•d under Part 16 of the Cory)onles A¢t 2006 and are ellgible for Independent eyamln8Uon, I feport In respect of my examinabon ol the Charity'6 financial staternents ¢orri¢d out under section 145 of the Charities Act 2011. In carrying out my examlnatlon I hove followed the Dlrectlon8 glven by the Charfty Conwnlssion under sedon 14515llbl oltht Ch¥r11185 Act2011. Independent exarnln•rf• statom•nt I hav8 completed my examlnatlon. I confirm that no m•tt8r8 h8ve come lo my attention In connectlon wlth th• •xamlnatMJn giving me cause to believe that in any malert81 respect.. oecountlng record8 were not kept In respect of the Chorfty a8 requlred by Stctton 3a6 of the Companles A 20C6. Ihe fln8n¢l818t8t•ment8 do not accord th those records,. OT the flnandal 8t8tèments do not compty with th& 8ccounting requlrem•nl8 of section 398 01 the Comp8nle8 Act 2008 other than any requirement that the fin8nciAI statement8 give e irue And lolr view, whl¢h 1$ not a matter con8lderad as Part of an Independent exomlnallon., or Ihe finonclal 8ts1emènts have not been preparod In accordance wlth th• method8 and prfntypl88 of the Statement ol Remmanded Pracuce for accounting and reportlng by chaTliie8 appll¢gbl8 to charitle8 preparfng their )Inanclal Blatement8 In occordonce wlth the Flnanclal Reportlng Stand8rd appllc8bl6 in the UK nd R•publlc of Ireland IFRS 1021. I have no conrAgms and havo ¢om gCTO$S no olher matt•r$ in connecuon whh the ex8mlnation to vthlch att•ntlon Should be dravm In th18 report In order lo enable 8 woper under8tandlng of the flnandal statemen18 to b• reached. ColSn D•d•*EII FCA FCCA DChA C8ladlne Llmlted Chanlry House 22 Upperton Road Ea8tboumo East Sussex BN21 1BF 16 September 2025
ACTS CHURCHES UK STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unr6strlcted Unrestrlctod R•8tricted funds fund$ funds 2024 2023 2023 Total 2023 Income from. Donation6 and legacle8 25.042 29.807 7.680 37,287 Total Income 25,042 29,607 7,880 37.287 Exp•ndlture ¢n'. Charitable actIvIe8 15.832 46,056 7,660 53,738 Total •xpDndlturn 15.632 46,056 7,680 53.738 N•t Incom•l{expondlturnTr and mov•m•nt In fund• 9.410 (16,4491 (16,449) RKon¢lllatlon of fund•: Fund balances al 1 January 2024 27,146 43,595 43,595 Fund b•l•nce• at 31 D•c•mber 2024 36,556 27,148 27,146 The 8taloment of fingnclal act1v85 Includ88 all galns 8nd1088es r?gnISed in th• year. All Income and expendllure derfvg from contSnulng •¢tlvltle8.
ACTS CHURCHES UK STATEMENT OF FINANCIAL POSITION AS Af31 DECEIABER 2024 Trade and olher Te¢•fvab3 Cash at bank ond kn h8nd 11 11,384 31,569 6.ns 25,413 42,953 (8.3gn 32.138 14,e921 Gurrnnl Il•blllll•• 12 36,SS8 27,146 Th• fvnd• ollh• Unrn1ts1¢bd 13 36,5e8 27,148 38,558 27,146 Thè company l• •ThMed to Ihe oxemplbjft from th• •ydtt rw4uIMm•nt eonlAln•d 4T7 rfthe Cthnp•nbD•A 2CiN8, k)rth•y••rended 31 Dacmber 2024. Th• dlr•olor •cknol•dg•8 N• for ¢rynptylrvJ wlth th• I•9rn ofth• Z(#J8 YAlh Th• m•n•r8 twv• not rnqulr•d th• to •n of M8fflnand•l •18t•m•nts In •ceord•nMlh ••c)n 478. Tlw finand81 •lalements hove bi prqpwrnd In K*xKdanc• YMI th• pInI appl0 to coftwnl•• i to tho i11 cry•nlo• reglmo. ThefiA d# giql.i)- lat•m•ntswrf• Ippr0 ThAt••son ......... .......... Mr M P Colthrd TMt•• Comp•ry 11140622 IEnglond •ndW•il
ACTS CHURCHES UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies Company infomiatlon Acts Churches UK is a private ttimpany Ilmlled by guarantee incorporated In England and Wdles. The reglstered office is Sulle 4, 4547 Monument Hill. Weybridge, SuTrey. KT13 8RN. 1.1 Ac¢ounllng Gonv•ntlon The financlal statements have been prepared in accordance with the Charity's MemorantJum and Articles of Association the Companies Act 2006 and 'Accounling and Reporting by Charities.. Slalement of Recommfjnded Practice applicable to charities prep8ring their accounts in accordanco with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 {off$clive 1 January 20191" The Charity is a Public Benefit Entlty as deflned by FRS 102. The CharSty has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulleln 1 not to propare a Slalement of C8sh Flows. Th¢ financial slalement8 ar8 prepared In 8lerlSng. whlch is thé functional currency of the Charfty. Monetary amounts in these flnanclal statements are round•d lo the nearest £. The fln8nclal slatemenls have bé&n preparad under the hl8toric81 co81 convendon, The principal accountlng polldos adopted are sel out below. 1.2 Golng concern At the lime of approving the financial statements the trustees have reasonable expeclallon that the Trust ha$ adequate resour¢e$ lo ccnllnue In oper81ion81 exislen¢e for the loresee8ble future. Thus the Irusleos conts'nue 10 9dopl the golng concem bas1$ of accounting policies in PTeparin9 the financlal statomls. 1.3 Charltabl• fund• Unreslricled funds are avallable for use at thè discretion of the Trustees in furtherance of Ihelr ¢haritsble oblectlve¥. R881rfcled funds are SU.8Cl lo sptrdfic condltlon8 by donor8 or grantors as lo how they may be u¥ed. The purposes and uses of th¢ restTiCtgd funds arg set out In the notes to the fin8nci81 slalemenls. 1.4 lftcom•. Income Is recognised when the Charty is legally onlilled to il after any performan¢e condltions have b¢ met. the amounts can be me8su(ed reliably. and it Is probable that income will be recelved. Cash donations are recognised on receipt. Other donallons are fecognised once the Charlty has been notlfied of the donation, unless performa eonditions require deferral of the amount. Income lox recoverable In relation lo donations received under GiftAid or deeds of covenant Is wognlsed at the lime of the donauon. Legacies aTe recognisgd on receipt or othe1$e if the Charlty has begn notified of an impeTh11ng di$tribJlion, the amount is known. and reCpt is expeded. If the amount is not known. the legacy 18 treat¢d as conlingenl a$set. 1.6 Expendlture Liabilities are re¢¢gnlsed when 8 constructive obligation exists, the payment 18 probable and the otAigalion can be measured or estimated reliably. Resources expended are allocated to th8 particular cost centre lo which they relate and include lThecoverable VAT.
ACTS CHURCHES UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollclos Icontlnuedl 1.6 Cash and cash equlval8nts Cash and cash equivalents indude ¢a8h In hand. d8posks held at call wlth bank$, other short-tem) liquid investments wlh or¢ginal maturities of three months or less, and bank overdrofts. Bank overdraft¥ are shown within bofrowings In current li8bilitsfrs. 1.7 Flnanclal Instruments The Charity has elected to apply the provlslons of secti 11 'Baslc Fln8nclal Instrument¥ 8nd Secuon 12 'Olhgr Financial Instruments Issues, of FRS 102 to all of ils financial inslrumenls. Financl81 instrument8 are r8Gognised in the Chanty'$ b818nce sheet en the Charlty b8com88 party to tho contractU81 Pfovlsions of the inslrumenl. Flnancial assets and liabllltles af¢ offset, with the ngt amounts presented In the financlal slaitsmonts, when there 1$ a legally enforeeable rlghl lo set off the recognised 8mounts and Ihere 18 an InlentiM lo Sgtlle on a not basls or lo re81ise the asset and settle th8 liability simutsneously. 8aslc flnanclal assgts Basic fln8nclal a5set8. which include trade and other recelvabl88 and ca¥h bank balanc•s, afe initlally measured al transaction price includlng transaction cos16 and are 6ubsoquenUy carried al gmertlsed ¢081 using the effective Interest method unless the arrangement constilules a financing Iransaclion. where thè transaction Is measured al the present value of the future receipts dlso)unled at a market rottr of interest. Flnancl81 a589ts Gla881fied 8$ rocelvablè wtihln one yaar are not amorti6ed. 8•slc fln8nclal11obllltles Bosic financial liabilities, including trade and other payabl¢s and bank loans arè Inllially recognlsed at 118nsaclion PTi¢e unless the arrangement constitutes a fbnancing transaction, where the debt Instrument Is measured al the preser*t value of Ihe future payments dis¢cMJnled al a m8rket rale ol Int¢re81. Flnandal liabilkn"e8 dassified as payable wllhin one year are not amo.3¢d. Debl instruments are subsequgnlly carrl¢d al AmorSed c081, uslng the eff8cllve Interest rale method. Trade payables are obligation3 to pay for goods or seNices that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classbfied os current liabilities if payment Is due wlthin one year or less. If not, they are presented as non-current liabilrties. Trade payables are recognised inltSally at tran$actSon pri¢¢ and SLsbsequenlly measured al amortlsed Gost using the effects've Interest method. D•recognltlon of flnanclal Ilabllltles Financial liabilikn'e$ are dere¢ognis8d when the Ch8r6ty'8 contractual ot4igallons expire or are dl$charged or cancelled. clCa1 a¢¢ountlng estlmatss and judgements In the application of the Ch8rity's accounting polldes, the Trustees are required lo make ludgemtsnls. estimates and assumptions about tho carylng amount ol assets and liabilhies that are not readlly apparent from other sources. The estimates and as8ocialod assumption$ are based on historical experience and other factor8 that are considered to be relevant. Actual results may differ from these estimates. The estimates and undertylng assumptions ara reviewed on an ong(¥ng basis. Revisions to 8ccounling estimates are recognised in the period Sn which the gstimale is revised where th8 revision affects only that period, or in the period of the revision and future periods where the revlsion affecas both current and future periods.
ACTS CHURCHES UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 F•68 and Donatlons Unrngtrlcted Unrestrfcted Restricted funds fvnds fund$ Total 2024 2023 2023 2023 Donations and gbfts Levies and registra0Th fee8 8.427 16.615 5.888 23,741 2,489 5,191 8.355 28,932 25,042 29,607 7.680 37,287 Don¥tlon* and glft¥ Glfts Other 4,154 4,273 3.587 2,279 2,489 6,076 2,279 8,427 S,866 2,489 8,355
ACTS CHURCHES UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Expendllure on charltsble actlvltles Charltable Aetlvltles Charftsble Adlvlties 2024 2023 Dlroct costs Acts Travel Acts Apostolic Pastors Events Events Hospitalty Church Development- Travel Church Development- Acts Europe 5,260 3,816 23,573 8.481 1.576 47 4,905 1.C68 38,582 Grant funding ol 8Ctlvttle81888 note 51 11.486 Sh•re of •upport •nd govemanc• co•t• (••• n¢)t• 61 Support Govemancts 1.975 3,713 2,008 1,680 15,632 53,738 Anatysls by fund Unre8lriGted funds Re8trfcted frJnd6 15,832 48,056 7,680 15.632 53.738 Grnnt• payable Charltablg Actlvltles 2024 Charltable Activities 2023 Grants lo In8lltutlon8'. Church Development 10,968 Gran18 to indivldua18 500 11,486 10-
ACTS CHURCHES UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 SupportCO8ts Support Govemance osts costs Totalsupport ¢osts Govemance 2024 costs 2023 Admlnistration fees Bank Charges 1,975 1.97S 1,184 1,184 Audrt fees Accountsncy and Indèpendent Examination Legal and proles&'onal 720 720 720 720 1.020 1,973 1.020 1,973 960 960 1,975 3,713 5.688 2.008 1,680 3,688 Charitable actIvi88 1,975 3,713 5,688 2,008 1,680 3,688 M•t rnov•ment In lund8 2024 2023 The net movement In lunds18 Slated aftér chargingllcredib'ng).. Fee8 payable for the Indepen¢Jent examlnatlon ol the charfly'8 fin8nclal 5talemenl8 720 720 There wero no TnJslees' don81ion8 to the charity durfng the year12023: £6¢)01 . None of the Trustees lor any persons connected with them) received any remuneration or b6neffts from tho Charity during the year. Employoos The average monthly number of employees durlng the year wa5.. 2024 Numb•r 2023 Numbor Total There were no employ whose annual remunerallon wa8 more than £60,000. 10 T•xatlon The charity is exempt from taxation on its aclivits'es because all its income is applted for tharilable purp08es. 11
ACTS CHURCHES UK NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 11 Trnde and other rncelvable8 2024 2023 Amounts falllng dug wllhln one year.. Trade receivables Other receivables Prepayments and accn*d Income 5,069 6,315 750 2.432 3.543 11,384 6,725 12 Current Ilabllltl•¥ 2024 2023 Trado pay8ble$ Accruals and deferred income 4,857 1,740 3,312 1,680 6,397 4,992 13 Unrestrlctod funds The unrestricted funds of the chaTlly compri8e the ungxpendèd balances of donallons and gran18 whlch are not subject to 8pecMG condillon5 by donors and grantors as to how they may be used. Th9$8 indude designalgd funds whlGh h8v8 bgen sel aside out of unre$lrfcted funds by the Iruslees for specific purposes. At 1 J8nu¥ry At31 2024 D•Gember 2024 Incomlng R6gourc r••ource• expgDd•d Church Development G¢neral funds 2,124 25,022 8.427 16,615 18,0571 18,975) 3.894 32.682 27,146 25,042 {15,6321 36,S56 Prnvlou$ year: At 1 January 2023 Incomlng rosourcès Rosources oxpended At31 Decgmbor 2023 Church Development General funds 19611 44,556 {4.9051 141,1511 23,741 27,148 43.595 29,607 (46,056) 27.146 Church Doveloprnent Fund A fund lo support Church planliry initiatives In the UK and Europe or to support churthes with $Sgnificant growth potential which are currenlly in a fledglng slate. The opening balance at 1 January 2024 ha5 been reststed lo refiect the true position. 12-
ACTS CHURCHES UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 Related party tran•actlons Durfng the year tho CharSty received income from the followfing organis8tion$ related to Trustses: Equippefs Church.. income from levies of £9.458., Mark Collard is Irtjslee of both Equippers Church Essex.. income Irom levies of £3,447., Mark Collard is a Iruslee of both Equippèrs Church Bristol.. income from18vies of £2,1 $5,. Mark Collard and Sam Monk are trustees of both Equippgr8 Church Swindon: income from levies of £2.400; Mark Collard and Adriano Schoeps are truste88 of both During the year the Ch8rty pald tho total of £3,159 to Equipp¢rs Church. Thbs amcunt covered travet. events and admlnl8tralion •xpen8e8. 13-