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2024-03-31-accounts

REDEEMER CHURCH CARDIFF

_________

REPORT AND ACCOUNTS YEAR ENDING 31[ST] MARCH 2024

_________

C Management Services 69 Velindre Road Whitchurch Cardiff CF14 2TF

REDEEMER CHURCH CARDIFF

FOR THE YEAR ENDED 31[ST] MARCH 2024

CHARITY INFORMATION

Trustees: Ross Frierson Dai Hankey (resigned 13[th] July 2023) Nashwan Manounah Russell Penman Pastors: Ross Frierson and Nashwan Manounah Treasurer: Russell Penman Charitable position: Registered Charity number 1181627 Governing Document: CIO Association Model dated 18[th] January 2019 and amended 7[th] September 2019 Address for correspondence: Redeemer Church Cardiff 21 Courtenay Road Cardiff CF24 2JP Independent Examiner: Paul Burnell ACMI C Management Services 69 Velindre Road CARDIFF CF14 2TF Bankers: HSBC 94 Albany Road Cardiff CF24 3RT

CONTENTS
Page
Charity Information 2
Independent Examiners Report 3
Statement of Financial Activities 4
Statement of Assets and Liabilities 5
Notes to the Accounts 6

2

INDEPENDENT EXAMINERS REPORT

TO THE TRUSTEES OF

REDEEMER CHURCH CARDIFF

I report on the accounts of the Trust for the year ending 31[st] March 2024, which are set out on pages 9 to 12.

Respective responsibilities of 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:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees 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 to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me reasonable cause to believe that in any material respect:

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Paul Burnell

Paul Burnell ACMI

For and on behalf of:

C Management Services (trading name of C Mgmnt Services Ltd) 69 Velindre Road

Cardiff CF14 2TF

Date: 29[th] November 2024

3

REDEEMER CHURCH CARDIFF

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDING 31[st] MARCH 2024

Note
RECEIPTS
Receipts from generated funds
2
Receipts from charitable activities
3
Other receipts
4
Interest received
Total Receipts
PAYMENTS
Charitable activities
5
Governance costs
Total payments
Net Receipts/(Payments)
Transfers between funds
Fund balances at 1st April 2023
Fund balances at 31st March 2024
Unrestricted
Funds
£
Restricted
Funds
£
Total
Funds
2024
£
Total
Funds
2023
£
42,806
11,531
54,337
54,426
-
-
-
-
-
-
-
-
-
-
-
-
42,806
11,531
54,337
54,426
35,229
13,200
48,429
32,252
-
-
-
-
35,229
13,200
48,429
32,252
7,577
(1,669)
5,908
22,174
-
-
55,606
22,618
78,224
56,050
63,183
20,949
84,132
78,224

The notes on pages 6 form part of these accounts.

4

REDEEMER CHURCH CARDIFF

STATEMENT OF ASSETS AND LIABILITIES

FOR THE YEAR ENDING 31[ST] MARCH 2024

1. Fixed Assets
Insurance Value
2024 2023
£ £
The value of assets owned are:
Buildings 500,000
Equipment 6,160 5,698
506,160 5,698
2. Bank & Cash Balances
2024 2023
£ £
Cash at bank and in hand 84,132 78,224
84,132 78,224
3. Other Assets and Liabilities
2024 2023
£ £
Assets
Gift aid tax recovery not yet received
1,884 16,685
Liabilities
Unbilled fee for Independent Examination 170 170

The accounts were approved by the Trustees and signed on their behalf on 29[th] November 2024 by Ross Frierson

Signed:

The notes on page 6 form part of these accounts.

5

REDEEMER CHURCH CARDIFF

NOTES TO THE ACCOUNTS FOR THE YEAR ENDING 31[ST] MARCH 2024

1. Accounting Policies

The accounts have been prepared on a receipts and payments basis with a statement of assets and liabilities

2. Voluntary receipts
Regular donations
Other donations
Gift Aid reclaim
3. Receipts from charitable activities
Conferences and events
4. Other Receipts
Fundraising
Other sundry receipts
5. Charitable activities
a. Direct Charitable Costs
Volunteer expenses
Mission expenses
b. Support and Administration
Premises expenses
Administration and general expenses
c. Grants
Support given
Unrestricted
Funds
£
Restricted
Funds
£
Total
2024
£
Total
2023
£
21,686
-
21,686
29,143
1,951
19,169
11,531
13,482
19,169
25,283
42,806
11,531
54,337
54,426
-
-
-
Unrestricted
Funds
£
Restricted
Funds
£
Total
2024
£
Total
2023
£
-
-
-
-
-
-
-
-
-
Unrestricted
Funds
£
Restricted
Funds
£
Total
2024
£
Total
2023
£
-
-
-
444
8,255
13,200
21,455
18,098
8,255
13,200
21,455
18,542
23,307
-
23,307
10,043
3,667
-
3,667
3,667
26,974
-
26,974
13,710
-
-
-
-
-
-
-
-

6. Staff and Trustees

The charity has no employed member of staff. Its activities are carried out by volunteers. No staff received salaries at a rate of more than £60,000 per annum.

No remuneration or trustee expenses were paid to any other trustee during the year, nor to any person connected to them.

6