Charity registration nurnber 1184125 Comp•ny r¢gi$tr•iion numb*r 11599219 (England and Walesl KINGDOMCITY UNITED KINGDOM LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Caladine Chorlered Cerlified Accounlon15
KINGDOMCITY UNITED KINGDOM LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Tru5tee5 MrA Dioue Mr E J R HenLlen Mr M Avarughese Idr O Jacob5SOD Ch8rlty number 1184125 Company Thumbor 11599219 Prfnclpal addre$s The Fulham Boys Sthool 532 fulham Road London SM SPY Regitstered offi¢• Chantry House 22 Upperton Road Eastbouino East Sussex BN21 IBF Account•nts •nd Independent •ximlner John Calatte PCCACTA FCIE Caladtne Limrted Cbaniry House 22 Uppenon Road Easlboume East Sussex BN21 10F Sollcltorn Poihe¢ary Wrtham ld 84 Ecclesion Square Pimlico Lon(Jon SW1V 1PX
KINGDOMCITY UNITED KINGDOM LIMITED CONTENTS Page Trustees, report statement of Trustees, responsibl1$ Independent exarninefs report Statement cf finanoal activilies ststement of anal posttion NDt•s 10 the finanaal siaiemems 8-16
KINGDOMCITY UNITED KINGDOM LIMITED TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees presenl their annual feport and finanual statements tor The yearended 31 December 2023. The financial slatÈments have beer, Pfepared in accordance Mlh Ihe acConting polioes sel out in note I to the financial statements and compty wrth the ChJrch's MemDrandurn and Artieles of Association, the CgtTrp8nics Act 2006 and Accounting and Reporting by Charilies sialemenl of Recornmended Praclicp applicable 10 charilies preparing their account5 In accordance wlh the Finanual Reporting Standard appltable m the UK and Republic of Ireland (IRS 1021 leffe¢tive l January 20191-. Oblectlves and activities The Church's ubittils dre. Te piopagale the nSSage of the Chiisnan laiih 9$ expressed In the Bible in accord wrth the Gfe8t Comrn155ion of Christ (Maik 16 1J-181 To aiiange. Ofganize. coiiducl ieifeals. rneelings. Convenon$. confeien¢¢s. Gospel concerts and Olhelwise lor the piirpose ol proclaiming the Gospel of our Lord Jesu& and sharing In Chrisllan fellowship To engage In Evangelisw and Chri51ian eduLdlioTI by various means. such as public rneciings, films. radio, television, pvinted page, cDtripacl d15cs digilal. electronic and other rnean5 of ¢ommunicalion. To eslab115h s¢M-governin9 local Churches. accordMIg to Ihe New Testament pattem. subj?th to pre- .ndois&mpnl of th¥ Apostolic Oversighl To provide Chiislian educabon for all and lo trage Ir¥ininq for acbve Ininislry zt horne and abroad. To provido prartir1 Chn81ian assistance lo Ih05e in neeo by way of food, cloihing and sheltel. rehabililaiion accommodation. homes for Ihe aged Constrlie counsel and anylhing else lttal the B02rd of Directors sec a5 bcing In harmony wlh Its responsili11&s. To support missionary onlerpnse In othei lands wilh a to eslabli$hing Inéigenou& local Churche5, sut>ier.I In pr-&ndoisemenl 01 IheApDslolic Oveisight. To Èi)couFaqe and maintain an allilu¢Je of Chnsiian fellowship Iard all believers in Chrisl Irre5peciive of doclrinc or denorninalional diffeTenceg Ta honour till civil goveining auiho1ils accoiding lo Ihp suiplures. To employ people either volunlarity or for compen5alion to cafty out the obiects and purpose5 of the To use Ihe incorne and property of the eharty wheresoever deii¥ed solely lo prornole 115 objects There has Deen no cnange ¢n Ihese Llunn9 the period. Activllle$ un(lertaken in order Io a¢hve our cèiectives are as lollows". Weekty Sunday sem¢es wrth a latIonal focus on coThnectn and buikling ¢ommiJnty Fortnighlly home groups called 'Connect Groups. which helps people lo bÈ part Df a smaller community group within our church. so people can rnakc fnend5 and have a local support nelwoik. Monthly meelings Including praye¥ Tneetings lo provide Spmlual supporf and Pfayer. Volunleer tearn training ni9hls caled Camèr Nights and departrneiii IrainiTr9 nigh1% In equip people In new skills and ernpowenng them 10 serve and io bring the reality of God lo ihwr worfd. We are continually looking lo reach oul le more people 3fid share wth Ihem the message of Jesus Chii5t and helping to Conne people are leeling Isolaled and lonety Public Oenelit The Trustees have paid due regard tL> guidance issued by the Charity Comm155 In dedIng what a¢tiviiies the Church should undertakÈ.
KINGDOMCITY UNITED KINGDOM LIMITED TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Achievements perfomiance Si9nilrcant activifie.% anLI ¢.e¥emen1S agast otyeclives In 2023, Kingdomcity United Kin9dorn Ltd experienced s1gnffjicI changes. wth new leadership. new locatrons and new growth Our London catnpus und&ent a leadership thange as our previous paslor John Pear5e. ended his trme in Londtsn and relocated his family lo Australia. Our now London canipu5 pastor. Jesse Jayaseela. relocated lo London In earty May and took over leadei$hip ol the De5Plte the leadership change the church ha5 oniinued to grow strong spinlualty cultuialy and financialty. Alang51de l ondon, we saw the offioal launching of a campus In Bristol wrth a regular Sunday servic¢ beginning rioTn Easler 2023. Overseen by Trav15 & Samanlha Kitchen the B115101 location has grown from a small group of 20 lo a ro9ular gathering of 60-70 each weekend. The Bwjstol I¢tIon wntinue5 lo grow stronger. building team5. and Èslabli&hing ronnecls a¢r¢s$ the area. A5 a wholE, the church conlinues to grow bigger and $iron9er and reach our local comtnunity. Some key highligh15 indude Fstablishnnl of a new carnpu$ In Bristd with 4 connecl group5 antt 5 new connect groups in Lenéon. Distribution 01-120 Christmas hampers acros5 London & Brisiol F51ablishmonl ol a core group (Lonnecled & Carnarsi of 80 peop in Bnslol E51ablishFncnl al a core adershiP leam In London Ihal oversee key areas in Ihe church Addilion of 40 camers in Lon¢Jon & 21 new carrieis In 8ristd. Flnancial revlew Total In¢orne for Ihe ye8r aoUnted lo P.46£ 96712022 f.48fl 7611 wilh expendiiure of £392.284 12022.. £340,3731 leading lo an overall SluS on the Cjeneial fund lor the year L)1 £73.68312022 £116.3881. l income was unresliicled. Unreslricted fund5 Galld lorbvArd amounled to £372.801 12022 E299.1181 R¥serves PDIICY The unreslricted fund5 which have rtoi been designated fty a specifjc use shoukl be Mainlainad al 8 level equwaleni lo between three lo six monih's expenditure The Trustecs coD51der5 thal SerS dt 11115 level wil ensure th81, In the evenl DI a $ignrficani drop In funding they be able to coniinue Ihc Churth'5 curreni a¢livilies while COn51deraiion Is given lo ways In which addilH)nal funds may be iaised ReseNes at the balanc sheet date were £335.Q62 whith Is above the desired level. Majcr f15k5 The Truste85 have assessed Ihe maiiK iisks to which the Church is exposed. and are 5alisfied th8t 5yStems a in place (o mibgate exposure lo Ihe major nsk5. structure, governance and management Tho Church Is 8 company Iimiled by guaraniee Incorporaled on 2 October 2018. ogistralion no. 11599219 and is registered willi the Chaty Comtni5510n In England and Wales. regislratron no. 1184125. The Church 15 overseen by the Trustees with day io day Funning delegated to the Lead Pastof. The charily 1$ one of the IDcal Churches accepled by the Apostolr Oversight of Kingdomcty Global Limrted. As $u¢h Ihe Ap0510lic Oversight re1#1n the ullimale spiiittjal Bulhority over ?11 m8llÈYs williin local Churche5. The Trustees, who are also Ihe diredors for Ihe purpose ol company law. who served dunng Ihe year and up to the dale of Signaturè of Ihe financial 5ts1ement5 were" MrA Dlque Mr E J R Henden Mr M A Vdrughese r O Jacobsson
KINGDOMCITY UNITED KINGDOM LIMITED TRUSTEES, REPORT IINCLUDING DIRECTOR'S REPORTI ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 ReClI&t and appointment ollnjslees ProspeclivÉ Iru51e¢s aro recommended lor appointment by the local Lead Pastor. All Iruslegs fflu51 rneel 5pe¢ific character requirements lo be appointed to the affice of truslco. best eyidenced by the Lead Pastor's ob5ervaiions of the proposed Iruslee's conduct wlhin and oulgde ol Church life. nnr.p the Iruslees have cDnsidered Ihe recorbynendalion. the trus'.ee will proed to nominate the proposeLI trLJ$tee for appoinlrnent. ID Ilie Senior Leader. Should the Senior LeadeT approve of the appointwent in principle, Ihe Senior LeadÈr will norninaie the tiustree fow appDinlrnent to Ihe board. The irustee5 win colleciively discuss the appoinlmenl and iable Ihp same for the ne board me8iing. 81 which the appointrnetsi will be recorded by ordinary resolution. The Church is overseen by Kingdomuty Global Lmrted. The Directors ot Kingdomoty Global Limited. also known as Aposlalic Oversight provide 5pirilual guidance. dispule re$&ulion elc. lo the local Church. The Board 1$ by Scnior Leader who is also Chaw. Al a local levcl. KingdotnTrty Global Limited Is represented by having 2-3 DireGtor5 on 88ch lor.al Church Aoard, Including Ihe Senior l eader. The Gowemanco DI Kingdom• Uniled Kingdorn cornp115es ol. 1 Board of Tru51ees This comprise5 between ai Icasi 3 board members Board rnernbe15 are not employod by the local C.huich Board wewbcr5 are respunsible for cJ)p.fimiing au411 ieport Icorrecuy iefleciin9 financial statemeni$l and for approving tho Church bud9el The Senioi Leader Is Chair of local Chuwch board 2. Spiritual Oversight This is undertaken by 3-5 Church rnombeis who are not employed by the Ial Church This grtsup 1$ 81$0 Involved wilh rnajor decision5 J. Executive Tearn These are a group o11-S member5. who ale eryloyed by Ihe local Church Colleciively 1-3 above are rtferred 10 as me Eldership Imembersl of the local Church. who meet collectively for the AGM and os needed al other lime5. Onty executive team members can be paid a Salary. Mernbers a nominated by thts Senior Leader and their appointrnentldismissal confirrned by the boaid. The Truslees, report Was approved by Ihe Boaro of TftJstee$. MrOJ8 Tru¥iee L)ate" 3010812024
KINGDOMCITY UNITED KINGDOM LIMITED STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustee%. who are also the diredors of Kingdomcty Unrted Kingdorn Limrted for the pijrpose ot company law. are Fesponsible for prepanng Ihe Trustee5' Report and ihe financial 51aleTneThls In accordance with applicable law and United KingdoFn Accountsng Slandard5 Iuniled Kingth)rn Generally A¢¢¢ptod Ac¢ountin9 Pracii¢ol. Company l aw requires the Trustees lo prepare financial slalemenls lor each financial year which give a true and fair view of Ihe slate of affairs ol the Church ané of the incowing resources and applicat0 of resources. induding the Incorne and expenditure, of Ihe charitable cornpany for Ih8t year. In preparlng these finanoal statements, the Trustee$ are requI¢j to" select Surtable aDn11ng polves and Ihen apply Ihem consi$¢enity'. obseNe the method$ and principle5 In Ihe Charities SORP: mgke judgements and es1imale$ that are ieasonable and prudent.. Stale whelher applicable UK Accountrng Standards have been foltowe¢J. subjecl to any maledal deparlures di5cSo$ed and explained In the finan¢iAI staiernents. and prepare the financi81 statemenly on the 90ing concern basis unle$$ il is inappropriate lo presume that the Church will conlinue in operjlion. The Trustees are respon51ble lor keeping aéequale accountin9 records Ihal disclose %wth ¥ea50nable accuracy at 8ny Iirne the financial p0511ion of the Church anl enable Ihern lo ensure Ihal Ihe finanual 51alemeniS comply wllh the Companies Aci 2006 They are also responsible for safeguarding Ihe asw$ of Ihc Church and hence tor iaking reasonable steps for Ihe prevention and dele¢lion ol fraud gnd olhei ligular11es.
KINGDOMCITY UNITED KINGDOM LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KINGDOMCITY UNITED KINGDOM LIMITED I report to the Tmslee5 on ry examination of Ihe finanaal statements of Kingdonkyty Uniied Kingdom Liffliled Ilhe CliurLhl for the year ended 31 Decetnber 2023. Re5pon51bilities and basis of report A5 the TTuslees of tho Church land also rts ¢Jireclor5 foi the putPD5es of company lawl you awe sponsible for the prepaialion ol the financial stalernents in accDrdafice vrilh the requirements of the Ccfflpans Act 2006 Ithe 2006 Act) Having satisfied myself Ihat the financial st8lement5 of the Chu are rsol quired to be 8uditerl under Part 16 of the 2006 Act and are eligible lor indeFendenl exatninaiion. I reptrrt In respecl of my exarnin31ion ol the Church's financial s13lemenls carned out under section 145 01 the Chaflties Acl ZOI I Ilhe 2011 Acll. In carrying out my exarninaiion I have followed all the ap1¢able Directions given by the Charrty Commi$siDn Under Section 14515llbl of the 2011 Act. Ind•pendent examiner's ¥tatement Sinr.p the Chur¢h'$ 9ross Income exceeded E250 000 your examiner st be a rember of a body listed in 5e¢lion 145 of the 2011 Act. I confirrn that l am qualilied 10 undertake the exarnination because l arn a member of Ihe Associaiion of Chartered Ceilified Accouniants. Ivhich Is one of Ihe listed bodie5. I have cornpleled rny examination. I confirm Ihal no fflallcrs have me to my amention in connecliuii Wllh the ex8rninaiion giving me cause lo believe that In any rnaiwial resp1 accountin9 record$ were nol kepl In re$peci of the Church as requiied by seclson 386 of the 20C A¢t'. or Ihe financi¢il 51alenieni$ do not accord with those records or Ihe financial 51aiement$ do noi compty wilh Ihe accounling requiiements ol section of Ihe 2006 Act other Ihan any requirement Ih81 the accoun15 give a true and fair view which is not a matter consider*d part ol an independent examinalion. oi the financial sialemenls have not been piepare¢J In 3ccordancÈ the methods and piinuples of the siaiemeni of Recolnmended Pradice for a¢¢ouniin9 and reporting by chaThlies applicable lo chaiilies preparing Iheir accounts In accordance wilh Ihe Financial Reporting Sl(Indard applitrable In the UK ana Republic of Ireland IFRS 1021. I hawe no toncems and have come acr05S other marefs In connection wilh Ihe examinaiirbn lo which attention should be drawn In this report in older io enable a proper understanding of Ihe finanual Statemenls lo be Teached John Caladine FCCA CTA FCIE Caladine Limited ChanlTy House 22 Uppertnn Road Easiboume Easi Sussex BN21 18F Dated.
KINGDOMCITY UNITED KINGDOM LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Llnrestricted funds 2023 Unr¢strici¢d funds 2022 Notes Incoffle from-. Donations and leqaLip5 Charitable activities Other trading 8CllVrties Inve5trnents 430.541 2.735 28.340 4,351 439,423 18.698 Totsl Incomo 465,967 458,761 Expendlture On.. 389,234 340.373 Other expenditure 11 Totsl expendlture 392.284 340.373 N•t Income and mov•m•ni lund> 73.8B3 118.388 Rpconclllatlon L)f fund¥- Fund bal(IfTrLe$ 811 Jaiiuary 2023 299,118 180,730 Fund balance8 at 31 Deeembw 2023 372,801 299.118 The slalerneni of financial aclivilie5 Indudes 811 g8ins aThd losses recogni5pd in Ihe yB8r. income and expenditure derive from Contsnuing activibes. The 51alernent DI financial 8CtNities a150 comVie$ vthh the i¢quirements fef an Income and expendilufe account under the Companies Act 2006.
KINGDOMCITY UNITED KINGDOM LIMITED STATEMENT OF FINANCIAL POSITION AS A T 31 DECEMBER 2023 2023 2022 Notes Fixed asset5 Property, plant and equwtrEnt 13 37 739 1B.57B Currevl a55ets Trade and olher receivables Cash at bank and in hand 14 61 498 360.056 20 208 363 080 421.554 86 492 383,288 102,74B Current Ilabiliti•s 15 Nel culvent as%e15 335.(K82 280.540 Total ass•ts less ¢uTrent 118bllltles 372.801 299,118 Thg fund8 of the Church Unresiriciea hjnds 17 372.801 299.118 372.801 299.118 The company is enlilled lo the exemplion from Ihe audit reqU1MeThI conlained in 5ecUon 477 of the Comp8nieB Acl 2006. foi the ycar pnded 31 December 2023. Tne dlrecior acknowledge¥ hi5 r¢spon$ibilibQS lor complyinq wilh the requiremen15 of the Companies Act 2008 with respect 10 accounting record8 and Ihe weparaiion of financial slalements. The Tnembers have not requiied the company lo oblain an auért of ils finanaal slalernent$ for the year in question in aecordonce section 478 These financial statemenis ha¥e been prepared in accordance wblh the prov$10n5 apF4Kabl8 to companies Subject io the small companies regirne. The findncial sl8lemEnts %*tre approved by the Truslee5 on 3110712024 Mr O Joco Trustee on Company registration nurnber 11599219 (England and Wale51
KINGDOMCITY UNITED KINGDOM LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting ptslb¢ie$
Company infornation
Kingdomcity United Kiiigdoni Limiled Is a privale cornpany limileil by guaranlee incorporated In England and
Wales. The registered oYce Is Lhaniry House. 22 Upperton RD3d. E3slbotsine. &asl Sussex. 8N21 1 BF. The
Church's corvpspondence addre5$ 15 532 Fulham Road Pla. London. SPY.
1.1 Atcounting convention
The financial staiemcnts have been prepared in accordance ilh the Chuffch's Mernorandum and Artir.les of
Association.
the Companie5 Act 20C and "Acr.oiJnling and Roporting by Charities. Slalemenl of
Recommended Practice applicab lo chaFilie5 prepaFing Ihtyr a¢¢ounls In accofdance with the Financial
Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 leffecli¥e 1 J3nuary 20191" T he
Church 15 a Public Benefit Cntffy a$ defined Oy FRS 102.
The Church has taken advantsge ol the piovJ5ions in the SORP for tharilEs applying FRS 102 Upd81e
Bulletin 1 not lo prepare a Slalernenl of Cash Flows.
The tlnancial statements are piÈpared in 51erling. whKti is the fun¢iional currency of Ihe Church. Monetary
mounts In Ihese Iinanual statement5 are rounded lo Ihe oeaiest £.
The fin8nual 51alernen15 have been prepared under the histori1 cost convenlion. The prin
KINGDOMCITY UNITED KINGDOM LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 AccOunng policles (Continuedl 1.6 Property. p13nt and e4uipment Property. plant and equipTnent are Initsally measured at cosi and subsequenity rneasured al cost or valuation, net of depreciation and any Impairmeni losses. Depfetialion Is re¢ognised so 8$ to write off Ihe cosl or valualion of a55els les5 their residual ValUS over their useful live$ on the following ba51S-. Leasehold imprgvemenls AV equipment %8rvice equipment IT equipment Motor vehicle5 25% Slraight line 2(k 33¥0 Slraight line I51. Slraight line 33010 siraight line 20P& Styaight line The gain or Ios5 arising on Ihe disposal of &n a$$ei is deiermined as Ihe diffeience betsveen the 581e prDceeds and Ihe carrying value of the as$et, and Is recognised In the slatement of finarycial adivilies. 1.7 Impalnnent of non-current as$et$ Al each ipporling elid dale the Church Feviews Ihe cairyiFI9 omounls of Its tangible as5e15 to delerrnlne whether there 15 any Indication Ihal those as$eis have suffered an Impairrnenl loss. 11 any Such IndicaliDn exists. tho recoveratAe amounl of Ihe asset Is eslirnaled In order to deiemine the eent of Ihe Impairnent loss lif any) 1.8 Cash and cash •quivalents Cash and $m equivalents ipclude cash in h8nd. depo$rts held ai call th banks. olher short-lerrn liquid Inveslrnen15 with oiiginal maturiiies of Ihree mtyths or less. and bank overdraft5 8ank overdr8ft5 ole shown within borrowings In cuirent thabililies 1.9 Flnancial instruments Ihe Lhurch only has finanaal assets and financ1 Iiabilitses of a kn'nd Ihot qualify 9$ basic finanaal Instruments. Basic financ4al iThslrurnenls are Inilially iecognised ai transauion value and subscquenlly asured al their 5elUernenl value wilh the exceptson ol bank loans whi¢h are subsequently measured al arnortised cost using the enecbve Inierest meihod. 1.10 Employee benents The ¢081 of any unused holh1ay entillemenl is recognised in the penod In vthich Ihe employee's 5eMces are reeEiv¥d Terminalion benefi15 are recognised Immediaiety as an expense when the Church 15 demonstrabty committed lo terminate Ihe Etnpluympnl of an employee or lo proTrAde teirNnation benefils. 1.11 Retirement benefits Payments to defined conlnbulion reliremenl benefrt 5theme5 ate tharged a5 an expense as they fall due.
KINGDOMCITY UNITED KINGDOM LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEM8ER 2023 Crltkal ac¢ountyng esomates and judgements In the applicalion ol the Church's 8t)9 pOle$. Ihe Trustees are requiied to fflake iudgetnenl$. eslirnate5 and a55UmPtions about the carrying amount of assets and liabilities that are not adIlY apparent fiotn other sources. The esllmates and assoualed a$smpli0ns are based on hi$iorical expenence and Olher ladors thai are considered to be relevanl. Actual results May drfler frorn these estsmales. The eslimales and undeltying assumptions are revievjed Dn an ongryng basis. Revisions to accounting eslirnates are recognised In Ihe period in Y4thi¢h ihe eslimaie 1$ revised where the rev1510n affec15 Only that perio(J. or In the period ol Ihe TevisK)n and ffulu penods where the rewsion affects both curreni and fuiure perio(Js. Income from donatlons and lega¢les Unrestricted fund8 2023 Unrestrfcted fundJ 2022 Donallens and glft$ 430.$41 439,423 Donations and gifts Oollalions and Gifts Gill Aid re¢ovcred Speclal orrerin9S 274,905 63.985 91.G71 204.918 173,056 430,541 439,423 Income Irom charitable •¢tl¥ltl•s Unrestricted funds 2023 Unre8tricted funds 2022 Greenhouse lee5 Special event Income Miracle Offering Lunch incorne 7,333 11,365 2.118 617 2,735 18.698 Income from other trading activities Unrestrtcted Unrestrfcted funds funds 2023 2022 Insuravce payoui 28,340
KINGDOMCITY UNITED KINGDOM LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Income from inve5trnent5 Unrestricted Unrestrlcted funtls fund8 2023 2022 Inlere51 1Vable 4.351 640
KINGDOMCITY UNITED KINGDOM LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Expenditure on chaiitsble ¥¢ts"vill"es Charitable actl¥lts"es Charltable activitie8 2023 2022 Dlrect C08ts 8laM costs DepcIall0 and irnpaimienl Church running expen$es Postsge printing and 5tstion3ry Travel. sijbsislence and accornmodalion Small eouipmenl and rep8irs Licenee$ and subscripiions IT rn8inlenanEe and general Auditoriurn hire Pastor'$ manse cosls Sunday 5eFvice c051s Crealivp prograrnrn85 Guesl minislry MO mission support Greenhouse expÈn$e$ Stall training and expense5 l eadership r.nnfeience Veh1cJe rental Special events Piovlsion of minislry slaff SLA expen$es Telephone and internei Purchases arising on insurance payout 49,792 33,182 13,650 1,891 971 1,503 793 337 78.424 34.212 20,683 7,028 1,988 57,751 92 14,130 43316 14.966 4.236 1.503 1.851 2.04> 1.D42 36.392 29.12D 12 144 8.172 1.340 101.509 3508 4.911 5.189 2620 21.979 10,314 12.6S1 48 3.e99 329.974 290,166 Sharè of Support #nd govemance Costs l$ee * 81 Support Govemance 56,511 2.749 45.910 4.297 389,234 340.373 Analysis by lund Unre5tric%ed fvnd$ 389,234 340.373
KINGDOMCITY UNITED KINGDOM LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEA18ER 2023 Support costs allocatèd to activities 2023 2022 In$uran¢e Gainl los$ on foreign exchange Rent Hub maintenance Kingdomcity Global dues Administration support Flank charge5 Online giving lees Head office rental Governance costs 2.383 2.250 11,952 9.806 277 24.89B 7.200 795 533 176 4.297 32.514 7,200 1,278 1,063 2.749 S9,260 50.2Q7 Analysed between.. Charitable adivilie5 59,260 50.207 2023 2022 Gov¢minc• ¢o$l$ ¢omprlst'. Le981 ond professional Accountancy and indcpp.ndent examination 649 2,100 2.127 2.ieo 2,749 4.297 Trusto68 One trustee had expense$ reimbuised during the year travel and sub5islence totaling £43912022 nlll. No other Truslee lor any persons conneded wrth them) receNed #ny femunor81ion or beneffts from the Church during Ihe year. The TrusleES land connected persorb51 donaled an aggreg31e Sum of £47,30812022 £129,751) lo Ihe Church during the period. 10 Employees The average monlhly nwnber ol employees during the year wa$". 2023 Number 2022 Number
KINGDOMCITY UNITED KINGDOM LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023 10 Employees Iconifjnuedl Employment ctssts 2023 2022 Wages and salaries Other pension cosi$ 48.342 1.450 2.054 1.262 49,792 43.316 11 Other Fxpendlture Unr•¥trlct•d Unrestrlcted funds fund$ 2023 2022 Nel lo$¥ OTr dl$po¥al of lang1¢ fixed a$$eig 3.050 3,050 12 T•xatlon The chanty Is exemo from iaxation on rts adivitses bttause all rts Income is applied f¢y L*arilablc purposes. 14-
KINGDOMCITY UNITED KINGDOM LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 13 Property. plant and equipment Leasehold Avequlpmllnt Impmvm•nts SeT¥¢ tT equlpmont e4iJipment Motor v•hicbD4 Total Co$t At 1 January 2023 Addition5 Disposals 14.767 14.741 10.843 12.3441 38.755 6.771 14 2361 7.235 2.230 15751 75 498 35.442 17.4541 1 5.598 12991 Al 31 De¢ernber 2023 14.468 23.240 41 290 8.8 15.598 103.486 Depreciation and impairnient Al 1 January 20?3 Depreciation charged In ihe year Eliminated In respect ol di5P08als 11.397 10.189 30,315 5,019 3.329 2.708 5,358 1,527 260 13,182 12631 11.064 12 9651 1831 14,3551 Al 31 December 2023 14.463 11,833 32.708 6.483 260 85,747 Carrylng amount Al 31 DeceTnbe¥ 2023 11.407 8582 2.407 15,338 37,739 Al 310eeember 2022 3.370 4.552 8440 2.216 18,578 14 Trade and olher receivabks 2023 2022 Arnount falllng du• ¥Athln onp year.. Trade ceIvablE5 Rent deposits Prepayments and acuued income 1.075 3.228 15.905 3,585 57,913 81,498 20.208 16 Current Ilabllltles 2023 2022 Other laxalipn and s81 security Trade pay3ble5 Other payables Accruals and deferled income 1.057 10.861 69.232 5.342 588 97.548 4.312 86 492 102.748
KINGDOMCITY UNITED KINGDOM LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 16 R¢iirrnent benefit Schemes Deflned contrlbutSon scheme# The Chuieh opeiales a defined contribution pension scheme foi all qu8&"fying employees. The assets of the scheme are held separately from those of the Church In an Independently administered fund The charge 10 51alernent of frnancial actNities in iÈspÈti of defined ntribull schemes was £1.450 12022.. £1.2621. 17 Un¥estric¢ed funds The unre51rKled fvnds ol Ihe ¢haThty Comprise tIw. une¥pended balènces ol doTralion$ and gronls which are noi subject lo specific condiiions by donors and granlor5 as lo h¢>w they may be TITese Include designated fupds which have been $el aside oul of uniestsicle¢J funds by the trustee5 for specific purposos At 1 January 2023 Incomlng resources Resour¢es •xpended At31 D•¢emb¢r 20Z3 Gener81 lund$ 299.118 465.967 1392,2841 372.801 Pr•vlou year.. At l January 2022 Incomlng resources R¢$ourc¢s expended At31 De¢ember 2022 General lunds 180.730 458.761 (340.373) 299,118 18 Related parry tfan$•ciion¥ Kingdornciy UK LIFnrted, through ils affiliation KingdoFncity Global I Imiled (having cornmon Tru5toes and oversight of Kingdomcity UK Limiledl. 5UPPQrts the aLli¥ilE5 of Ihe Kingdomcily Lliuicli Irovemenl globally, for example, 10 5UPPOrt Ihe esiablishwent of i>ew thurches and 10 gUPPQtI tll15510nal causes. Support. payable by way of a Due 10 Kin9¢omuty Global Liriiiled. amounted to £84,840 12022 f119.9131. in the year and 81 the balance sheel dale Ihe 10181 anK)urrt pdge0 to Kgd0fflI Gbal and other Kingdomcity entleS w85 £69.232 12022. £97,848I. 16-