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2025-03-31-accounts

ST MICHAEL’S CJC

TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

PRACTICAL ACCOUNTANT

(Chartered Accountants) 1000 Great West Road Brentford Middlesex TW8 9DW

ST MICHAEL’S CJC

CONTENTS

Page
Legal and administrative details of the Charity, its trustees and advisors 3
Trustees' report 4 to 5
Independent examiner's report 6
Statement of Financial Activities 7
Balance sheet 8 to 9
Notes to the financial statements 10 to 13

ST MICHAEL’S CJC

CHARITY INFORMATION

Charity number 1182176 (England & Wales)
Governing document ST MICHAEL’S CJC is an independent charitable incorporated
organisation.
Trustees Rev Eulalee Joyce Ferguson
Ms Carol Spencer
Mrs Angela Haughton
Ms Angela Forrest
Mr Rodney Johnson
Mr Kenneth Haughton
Mr Gisella Auguste
Pastor-in-charge Rev Eulalee Joyce Ferguson
Charity contact Ms Carol Spencer
Principal address Rye House (Suite 166)
161 High Street
Harrow
Middlesex
HA4 8JY
Independent examiner Practical Accountant (Chartered Accountants)
1000 Great West Road, Brentford
Middlesex
TW8 9DW
Principal Bankers NatWest
Kingsbury
567 Kingsbury road
London
NW9 94P.
Website www.stmichaelscjc.org
Email admin@stmichaelscjc.org

3

ST MICHAEL’S CJC

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The Trustees present their annual report and unaudited financial statements for the year ended 31 March 2025.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their account in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

St Michaels CJC is a Charitable Incorporated Organisation (CIO) whose objectives are summarised as follows:

(i) The advancement of Christianity as a religion

(ii) Relieve hardship

(iii) Any other charitable purposes deemed appropriate

The Board of Trustees has been strengthened to ensure greater equity in representation, now comprising seven members following the resignation of Patricia Ferguson, whose departure prompted a strategic review of board composition and diversity. Rodney Johnson, Kenn Haughton and Gisella Auguste, safeguarding lead, have all been appointed bringing the total number to 7. Three meetings were convened over the year. The Church has not entered negotiations regarding any exceptional circumstances, extraordinary events, or issues beyond those detailed in this report.

The deepening in the cost-of-living crisis, with significant food and utility price increases, coupled with a reduction in membership, compounded to negatively impact on income. A decision was taken towards the end of the year to completely cease usage of the storage facility. It was acknowledged that this was the largest area of expenditure and no longer viable. Despite the difficulties the year ended on a positive note. The ability for some to gather in person has played a crucial role in building unity, community, and a shared sense of purpose—especially in the context of promoting Christianity. It provided opportunities for in person pastoral support for those experiencing difficulties.

Key Achievements

At the close of the reporting year, St Michael’s discontinued the use of external storage facilities, resulting in improved financial sustainability for the organisation. This transition was facilitated through the collective efforts of members, who volunteered their time to assist with the clearance process. Essential items were redistributed for safekeeping among members, while surplus or non-essential items were responsibly discarded.

The ability for some members to attend weekly church services in person, while maintaining a consistent online presence, significantly enhanced overall engagement and social interaction within the congregation. This hybrid approach also contributed to increased participation in Life Seminars, which effectively conveyed biblical teachings relevant to Christian living. Weekly prayer services continued to be held virtually, ensuring accessibility and continuity for all members.

In-person interaction was further strengthened through a community event held to celebrate harvest and promote the principle of giving back. The event was well attended, particularly by former members who had been unable to engage with online services. It provided meaningful opportunities for reconnection and fellowship and served as a powerful demonstration of Christian love and compassion in a time where such values are increasingly needed.

During the reporting period, St Michael’s established a successful partnership with My Yard Foodbank in Harrow, aimed at supporting individuals experiencing financial hardship amid the ongoing cost of living crisis. Through this collaboration, the organisation contributed to the provision of essential food supplies to vulnerable members of the community. Notably, members of St Michael’s demonstrated commendable generosity by donating a substantial quantity of food items, despite facing personal challenges themselves.

Other than this new partnership initiative and considering the economic climate and the need for continued focus on financial viability, no new initiatives were introduced.

4

Major Risk Management

The ongoing cost of living crisis, marked by rising energy prices and escalating basic food costs, posed a significant risk to income levels. In response, the church implemented robust spending controls to safeguard financial stability. A key measure included the cessation of external storage facilities, which contributed to improved financial viability and more efficient resource management.

Prolonged reliance on online services presented a potential risk of disengagement, particularly for members who benefit from in-person fellowship and worship. To address this, opportunities were created for face-to-face gatherings, which played a vital role in maintaining connection, spiritual engagement, and a sense of community among members.

Review of financial position

During the year ended 31 March 2025, there were incoming resources of £17,572 (2024: £24,966) and total resources expended of £21,548 (2024: £22,228), resulting in a deficit of £3,976. As at 31 March 2025, St Michael CJC had net deficit funds of (£4,847). The incoming resources continued to decrease. Much effort was expended on reducing expenditure resulting in an improved position at year end.

Future plans

Following the success of the partnership with My Yard Foodbank in Harrow, St Michael’s CJC has committed to continuing its support by increasing the frequency of food donations over the coming year. This initiative reflects the church’s sustained dedication to addressing food insecurity and supporting those affected by the ongoing cost of living crisis.

It is recognised that in-person services are essential for fostering deeper engagement, encouraging membership growth, advancing the Christian faith, and effectively reaching the wider community. Considering this, St Michael’s CJC is committed to building the necessary resources to facilitate the future purchase of dedicated premises to support its mission and long-term sustainability.

Approved by the Board of Trustees and signed on its behalf

Angela Haughton Chairman

Date: 22 December 2025

5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST MICHAEL’S CJC

FOR THE YEAR ENDED 31 MARCH 2025

Independent examiner's report to the Trustees of St Michael’s CJC ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2025.

Responsibilities and basis of report.

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

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

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Matthew Odu PRACTICAL ACCOUNTANT

Chartered Accountants 1000 Great West Road, Brentford Middlesex TW8 9DW

22 December 2025

6

ST MICHAEL’S CJC

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2025

Note
INCOMING RESOURCES
Incoming funds from generated funds
Voluntary income
2
Interest income
Gift aid repayment
Total incoming resources
RESOURCES EXPENDED
Cost of generating funds
Fundraising costs and other costs
3
Charitable activities
4
Support costs
Legal costs and other professional fees
5
6
Other resources expended
7
Total resources expended
Net incoming/(outgoing) resources
before other recognised gains and losses
Other recognised gains
Net movement in funds
Funds brought forward
Total funds at 31 March		 Unrestricted
Designated
Funds
Funds
2025
2024
£
£
£
£
17,572
17,572
24,966
-
-
-
-
-
-
17,572
17,572
24,966
10,126
-
10,126
15,457
7,719
-
7,719
1,000
2,540
-
-
-
2,540
-
3,935
-
1,163
-
1,163
1,836
21,548
-
21,548
22,228
(3,976)
-
(3,976)
2,738
-
-
-
-
(3,976)
-
(3,976)
2,738
(871)
-
(871)
(3,609)
(4,847)
-
(4,847)
(871)

7

ST MICHAEL’S CJC

BALANCE SHEET

AS AT 31 MARCH 2025

Notes
Fixed assets
Tangible fixed assets
11
Current assets
Cash at bank and in hand
Prepayment
Current liabilities
Creditors and accruals
Current portion of long-term loans
Net current assets
Total assets less current liabilities
Long term loans		 2025
£
-
-
4,222
-
4,222
(9,069)
-
(4,847)
(4,847)
(4,847)
-
(4,847)		 2024
£
-
-
8,810
-
8,810
(9,681)
-
(871)
(871)
(871)
-
(871)

8

ST MICHAEL’S CJC

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Funds of the Charity Unrestricted fund (4,847) (871) Restricted fund - - (4,847) (871)

The financial statements were approved by the Trustees on and signed on their behalf, by:

................................................ …………………………………. Angela Haughton, Chairman Carol Spencer, Financial Trustee

The notes on pages 10 to 13 form part of these financial statements.

9

ST MICHAEL’S CJC

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1 Principal accounting policies

Basis of accounting

The accounts have been prepared in accordance with Accounting and Reporting by Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014 and the Charities Act 2011 and applicable regulations.

The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated.

Fund accounting

Unrestricted funds comprise accumulated surpluses and deficits on general funds. They are available for use at the discretion of the Trustees in furtherance of the general charitable objectives.

Restricted funds are subject to specific restrictions as imposed by the donors.

Incoming resources

Income represents donations and investment income received which are brought into account on receipt unless their receipt is reasonably certain in which case they are brought into account when notified. Fundraising income is recognised on the date that the fundraising event took place.

Resources expended

Expenditure is recognised when a liability is incurred. Expenditure includes VAT. Fundraising costs include those costs relating to special programmes and sponsored activities.

Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements.

Other resources expended relate to those other costs that cannot be attributed to any other relevant heading.

Depreciation

Depreciation on fixed assets is charged so as to write off their full costs less estimated residual value over their expected useful lives at the following rates:

Computer equipment
Other equipment
Motor vehicle
2
Voluntary income
Tithes
Offering
Other donation		 50% straight line
25% straight line
25% straight line
Unrestricted
Designated
£
£
15,720
1,413
440
17,573
-		 2025
£
17,720
1,413
440
17,573		 2024
£
20,936
2,582
1,448
24,966

10

ST MICHAEL’S CJC

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

3
Fundraising costs and other costs
Rent
Storage Rentals
Mortgage interest
Fund raising events
Publicity and evangelism
Stationery, printing & postage
4
Charitable activities
Welfare & entertainment
Indirect donations
5
Support costs
Transport and travelling
Repairs and renewals
Independent examiner fee
Software
Depreciation
Training
6
Legal costs
Legal and professional costs
7
Other resources expended
Insurance
Telephone & communication
Bank charges		 Unrestricted
£
930
3,065
-
1,246
4,312
573
10,126		 Designated
£
-
-
-
-
-
-
-
Designated
£
-
-
-
Designated
£
-
-
-
-
-
-
-
Designated
£
-
-
Designated
£
-
-
-
-		 2025
£
930
3,065
-
1,246
4,312
573
10,126		 2024
£
6,898
5,544
-
2,000
-
1,015
15,457
Unrestricted
£
7,719
-
7,719		 2025
£
7,719
-
7,719		 2024
£
1,000
-
1,000
Unrestricted
£
-
-
2,390
-
-
150
2,540		 2025
£
-
-
2,390
-
-
150
2,540		 2024
£
-
-
2,396
-
-
1,539
3,935
Unrestricted
£
-
-		 2025
£
-
-		 2024
£
-
-
Unrestricted
£
-
163
1,000
1,163		 2025
£
-
163
1,000
1,163		 2024
£
218
1,618
-
1,836

11

ST MICHAEL’S CJC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

8
Analysis of net assets
Unrestricted funds
Designated funds
Endowment income
9
Unrestricted funds
10
Designated funds
Building fund
11 Tangible fixed assets
Tangible fixed assets
Cost:
As at 01 April 2024
Addition
At 31 March 2025
Depreciation:
As at 01 April 2024
Addition
At 31 March 2025
Net book value:
As at 01 April 2024
At 31 March 2025		 At
1 April
2024
£
(871)
(871)
At
1 April
2024
£
-
-
Freehold property
£
 At
1 April
2024
£
(871)
(871)		 Fixed
assets
£
-
-
-
-		 Total
2025
£
(3,976)
-
-
(3,976)		 Total
2024
£
2,738
-
-
2,738
At
31 Mar
2025
£
(3,976)
(3,976)
At
31 Mar
2025
£
-
-
2024
£
1,500
-
Funds
Introduced
£
-
-
At
1 April
2024
£
-
-		 Funds
introduced
£
-
-

-
1,500
1,500		 1,500
-
1,500
1,500
-
-
-		 1500
-
-
1,500
1,500		 1500
-
-
-		 -
-
-
-		 -

12

ST MICHAEL’S CJC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

12 Taxation

St Michael’s CJC is a registered charity and therefore is not liable to income tax or corporation tax on income or gains derived from its charitable activities, as they fall within the various exemptions available to registered charities.

13 Trustee remuneration and reimbursed expenses

None of the Trustees received remuneration for their services during the year. No payments were made for their travel and administration expenses.

13