Redeemtr Chtttth NottiThgh4m
TRUSTEES, REPORT AND
FINANCIAL STATEMENTS
For the Yeor Ended 31 Detember 2024
Charity Number 1184174

Redeerner Church Nottillghlm
Report ofthe Trustees for the year ended 31 Deeember 2024
The Trustees are pleased to PT¢sent their ann￿￿ rew)rt and financial statements for ihe year ended 31 December 2024. The
rtnaD¢ial statement5 comply with the Charitie5 Act 2011, the ML emorandum and Articles of Associaiion, and A¢￿UntIng and
Reporting by Charities.. Statement of Recommended Pra¢ii¢e applicable to charities preparing th¢ir accounts in accordance with
Financial Reporting Standard applicable in ihe UK and Republic of Ireland IFR8102).
Elden. Report
We are thankful to God for another fruiiful year of miwsty ￿ Redeemer Church. li has been etjcourdging io r¢gularty see over
300 peoplejoining with us for worship on Sundays and we dso wel¢omed several pwple into church membership.
During 2024 our mwn teaching series have been in Exodus, Acts and Romans. The PTea¢hing of God's word remains ¢en¢rai io
our lift together as church and enable5 US to communicate ihe Christian faith to tht many visitors we see w¢ek by week.
A particular highlight over the year has Lyen ihe writing of several of OUT own songs that we now sing reEvlarly. This was inspired
by a number of our mu$i¢ian5 joining Ih¢'12 song challeDg¢' a collaborative songwriiing community from Resound Worship.
Our Sunday evening prayer meeting ha5 also been a source of great encouragement this year as we have lifted the diffcTent
ministry areas of Rdeemer and wider conwn5 in our city and world 10 the LoTd. Prayer must coniinue to be th¢ engine room of
the ¢hur¢h's life.
Our butldin& the Old Town Hall, continues to See good usage during the week and at weekends. In February it was wonderful to
elebrate the wedding of Peier and Amelia with their friends and family. in July the General E￿¢(tiOn also led to a flurry of
activity as Broxtowe Council returned to hire the building. Several ienants also continue to use space at the Old Town Ha]1 Saft
Famili¢5, Cr05sT¢ach. Living Lead¢rship and Edward ConnoT.
Notable work ￿Ound the building included the addition of balcony seating at)d the renovation of ri)om$ abov¢ the auditOTiUTn to
provide incr¢a5ed space foT our Child￿n'S ministry and mid.week rental5.
It was a $pe¢ial joy in SeptembeT 10 be able to appoint a part-time children'5 ministry worker, as well as an illtern. to 5UPPOrt the
work of Ihe church family. We are grateful for God's provision of Sonja and Sophie who have been a tremendous blessing 10 us
all. During the Jear Graeme Sophen's role a150 changed from SetsioT Administrator to 0￿rationS Manager artd Sam Payne wa5
officially recognised &s Assisiani Pastor.
We were also delighted to support a faJnily As they begin their ministry in South Asia and 8rateful to be able 10 supp)rt this work
financially and in prayer. In November we had our first Mission Sunday to develop a heart for oveTsea5 mi55ion and bring
oppiytunities for short term Mission to ihe Lwdy of the church.
We have also been grateful to God for continuing to draw p￿p[C from diffe￿nt naiions to Redeemer, enrichin8 our fellowship
and helping us exp¢rienc¢ and learn what il is lo live as a mulli-cllliural body of Christ. We have seen brothers and sisters from
Hong Kong get increasingly involved in different asperts of church lifc such as music and community group. As well as the
monthly Cantonese 5¢rmon lime. a monihly lellowship time has been Star￿d in the past y¢aT a5 well to support this ¢ommunity's
particular needs at this time.
Throughout 2024, the elders eonLinued 10 explore opportunities for futUTe gospel work throu8h the planting and revitali5ation of
churchcs. We pray that th¢ Lord would continue 10 give us opporDJnities to fulfil our vision of being gospel centred. growing
108ether and making Christ kt)own.
With that in mind. it was wonderful to see a significant number of events during the yeaJ. partio]larly theongoing $u¢¢ess of
Journey through Easter and the Com]nunity Fun Day. Christmas also provided several wonderful opp)rtunities to give a reason
for the hope thai we have.
Towards the end of the year we held the funeral for Hazel Murray wkn had been a metDbeT of the church family since the very
beginning. Though we miss Hazel. we are thaTthI thaL in Christ, we have a sure and certain hope of resutTeciiort.
We wniinue to s¢¢ that GINJ is able to do more than all we ask or imagine ar￿ give him the glory for all he done.
Peter Brown
Pastor
On behalf of ihe ttustee5 of R¢d¢¢m¢r Church Nottinghwn
Page I

Redetrner Chureh Nottingham
R¢port of the Tm5tees fortht y¢*r ended 31 Dt¢¢mber2024
OUR PURPOSES AND ACTIVI
In working towards the objectives below. the Trustees have ¢on5idered the Charity Commission'5 guidance on public benefjt and
have worked towards making Redeern¢T Church Nottingham as ￿CesSible as possible to all the community. The Trustees confirni
that they have cotnplied with their duties under ￿Ction 17151 of ihe 2011 CharitE¢s Act with regard to public benefit.
1.4 Objectives
The advancetn¢nt of the Christian faith in a¢¢ordanc¢ with the b&8is of faith, primarily, but not exclusively within Nottingham atld
the surrounding neighbourhood," and such other Charitable pllrwses as shall. in ihe opinion of the ¢haTity trustees, put into practice
th¢ Christian faith in accordance with the basis of faith, inrluding, bui not litnited to..
The prevention and relief of tjeed, hardship and si¢kne55'
The advancetnent of educaiion. and
The provision of facilitie5 in the iniere51s of social welfare for Tecreation or other leisure time occupation of individua]s
who have need of such facilities by reason of their yollih, age infimiity or disability, finan¢ial hardship or social
circiiin5tsnces with the objea of improving theiT conditions of lift,.
provided that the advancement of such purposes must be utjdertaken in a manneT thAt is consisient with the doctrinal distinctives,
and ethical statements ¥ may be adopted and amcnded by the church from time to time in a¢¢ordance with the provisions of the
¢hurch handbook.
l.b Aims
Vislon: Gospel centred. gwwing tO8etheT, Tnakin8 Christ kTh)wn
Mis5iOD'. Serving God's mission of reaching p¢opl¢ of nati0Tr5 by planiing ¢hurches.
Values
Se¢lng the Gospel #ffefting everything
By leaching thc Bible ¢I￿rIY
By praying in Ihe Spirit persistently
By Serving Christ wholeheArtedly
Crowing together in Christ
By welcoming and being ac¢essible to ajl
By caring for onc another
By speaking ihe truth in love
Shfirlng the Good Ntws of Jesus
By blessing our nei8hbouT5 through Go$pcl d¢monsirarion
By extending God's kingdom though Gospel deGlaTaiion
By discipling rthple of all nations to b¢ disciple-maker5
2. ACHIEVEMENT AND PERFORMANCE
2.a Significillt #etfvities durlni the ye2r
l. Ongoing delivery of Sunday services and associated group activiii¢s. Our service con¢inu&% to be available online via
zoom each week. Our Sundays saw a number of child thanksgiving5 8nd an aduli baptisrn service ihroughoui the year. &
well as services that highlighted the work of a nutnber of different Christian organisations.
Page 2

Redtethtr Church Nottinghom
Report of the Trnstee5 for the year ended 31 D¢¢ember 2024
The weekly Sutlday prayer meeting Continues every week. We also ran a weekday moTtLing and evening devotional and
prayer series in January, to focus on the start of a new year.
3. Midweek community groups helping pthiple follow Jesus in parti¢ular a5pec(s of lile.
4. Developing ministry and mi55ion partnerships with other churches and organisarions an the city, nation and world.
DuTing the yeaT we employed iwo new members of staff", a part time children's ministry worker, responsible for leading
the team ihat teaches and ministers to our many Children. and an illtern, involved in many areas of chuich life and
ministry.
In an ongtsing reS￿nSt to the need5 of our community. we ¢ontinued to open the building for Warm Welcome Space on
Friday5.
7. Insralled new balcony seating in the churth, raising the ¢ap&ity by 74.
2.b Dtliv¢ry of public benefit
Acts of Christian worship.. open to the public ort Sundays ai 10..30 with music, singing, praying and preaching. Up to 350
people meet in the tnorning. Children and youth groups are provided for ¢hildr¢n aged between 0 - 17 years old.
2. A nutnber of midweek groups ¢ontinue to rneet in the building.. Redeemer Women and TowTr Hall Tots IfoT local familics
with young childr¢n} The young adults gTOUP meets regularly in the building, and we have started a bi-rnonthly men's
breakfast. The Warrn Welcome Space continues to be popular and been expanded to ay¢ar round, weekly eveni.
3. During the year. the building was used for a number of extern3] event5 such &8 a wedding and ￿$0 our first funeral. The
building was used by Broxknwe Council foi election counts and foi a forurn for local busine55e5 to atlend. The building
¢ontinues uscd by local organisaiion5, Such as the camera club, and we have hosied mectings held by Nottingham
University CU, Global Connections. and the Lawyers Christian F¢lk>wship. In September we h05t¢d another Communiry
Open Day with approximately 600 people attending throughout the day.
4. The rturnber of Cantonese speakers in the church continues ¢0 grow and we still offer sermons in Cantonese once
month. The Cantonese group a150 meei once a month for prayer and fellowship and we had th¢ pleastsie of hostinB
another Lunar New Year eveni. To facilitate integration for Cantoncse speakers, Kedeemer ran several En81i$h
eonversalional classes.
At Christnjas we hosted Carol seTvIC￿, participated in the Beeston Chrisimas light switch on ill front ofihe Old Town
Hall, distributed Christmas hatnpcrs io those in need through local schoo15, a5 well as iunning our'Es¢ape into Narnia,
puzzle themed evening to discover th¢ meaning of ChTisim&s.
6. Redeemer continues io support Christian mi55ionaTy work overseas.. In partnership with People In*Tnttiional we continue
to SUPPOrt a Christian worker who teaches English and shar¢s the good news overse45. We alw support a family working
in a school in South Asia. in partnership with UFM.
2.c Volum¢#ry Help
The church deF¢nds on every metnber's active involvement in the life of Ihe chuich. Volunteers lead many of the
ministTLes of the church.
2. On Sundays, around 35 - 40 volunteers are needed lo run church servi¢es (stewarding and welcoming, tnusic technical
Opera￿[1 Eiedeemer Kids teacheTS, providin8 tea and coffee and other responsibilitie51
Page 3

Redeemer ChuTch NottinghAm
Report of th¢ Trustees for the year ended 31 Deeember 2024
During the week, arowid 20 volunteers le*J 10 community groups that usually meet in members, homes, having (he
purposes of ¢ornrnunity, discipleship, pastoral ¢ate and mission. We also have a team of volunteers who are responsible
for Turtning and leading the Warm Wel¢oTne 5pac¢ ¢ath week.
l.d Chgritlble #ctivities- msttrr41 fund ralslng
Giving to Redeemer 15 a matter for God and the believer. Tk leadership occasionally gives guidance on this issue and leaflets ar¢
available each Sunday moTning. New membership candidates are inTerviewed by a church cldet, duTitsg which givin8 is discussed.
As well as regular giving to the general fi￿d we ￿$0 have an annual giving day to raise a￿ltiOnal funds for projects and new
ministry opportunities.
The chur¢h has an annua] Christma5 appeal foi funds to suptK>r¢ externaj or8anisations (see note 101. All Ihe money received is
sent out includin8 the gift aided lax recla1[n￿. No filnds are kept back to wver operating costs. No targets are set for the appcal.
FIIYANCIAL REVIEW
3.1 General
The atta¢hd financial Skiiernents show the cUrr￿t stsle of affair5. The charity had total incoming Tesources during the year of
£567,69312023.. £49Q.7881
The charity's general ￿serve ￿nd balance is £386,431 as at 31 DecembeT 2024, and the surplus for the year totalled £103.298
The restricted fund balantt held on 3 1 De¢ember 2024 iotslled £1.690.129
3.2 Polley on reserves
The thur¢h'5 policy is to maint￿n 3 months. ¢a5h res¢rves, equivalent to £127,777 (3 tnonths Beneral cosis along with mortgage
payments) based Ihe 2025 budget (in¢lu5ive of £27,795 for mortgage payments which are pariially rnel by resiricte(f cash
re5¢rvesl. The unT¢5tricted reserves cash assets at ihe year-￿d amouni to £386.431. The Tru5tee5 have elected 10 remove the
designation of funds, as ihe designated purpose i5 tK) longer required
3.3 Mxt¢ri41 funds in defielt
There are no maieriaI fimds in overall deficit
3.4 Printipal fundiDg 50ur¢es
By far the main source of income for the church is the gifts of its congregation. Smaller sums of income are received from
members of the Cornerstone congregation. bank in¢ere5t and activiiies.
3.$ Investments
The general fjjnd 1$ held acr055 a Barclays Bank current acco￿nt and a CAF bank currenr ac¢ounL
The elders hvdve no restri¢iion on their investment wwers subject to the approva] of the chur¢h.
Page 4

Redeemer Church Nottingham
Report of tht Trn$tees for the year ended 31 De¢¢mb¢r 2024
4. PLANS FOR FUTURE PERIODS
In the meltium ietm. future priorities of the church will include..
Th¢ app)intment of a Cantonese ministry worker
The appointment of a Church Plantin8 residenl
Investigation5 into church planting or church revilalisalion
Continued redevelopment of church facilitie5, such as th¢ kitchen
Replacement of part ofihe flat Foof above the auditorium
5. REFERENCE AND ADMINISTRATIVE DETAILS (oftht ehaTity, its tru5tets and advl$ors}
NAM¢ of the organisation
Redeemer Church Noiiillgham
Charity rtgistrntlon Duthber
Charity number 1184174
Addre55 of prlnclp*l olriee
Old Town Hall, 29 Foster Avenue. Beesion, Nottingham. NG9 IAE
Trustets {Eld¢rsl at Jl December 2024
Peter Brown. Pastor
Simon Li51er
Seba$tien Bonicel
James Clay
Stephen Tilson
Samuel Payn¢, Assistant Pastor laptK)inted 01109120241
OperAtions Manager and Church Sttr¢14ry
Graeme Stephcn
Oth¢r relevant orgAnisatlons or p¢r$on5
Bgnk$
Barclay5 Bank PLC, tEicester. LE87 2BB
CAF Bank, 25 Kings Hill Ay￿U¢, Kings Hill, West Malling. Kent. ME19 4TA
Kingdotn Bank, Media Hourse. Padge Road, Beeston, Nottingham. NG9 2RS
Independent E￿mIner
Mi M Brady FCCA, TC Group, Cliffe Hill House.
22-26 Noiiinghatn Road, Stapleford. Noiiingham. NG9 8AA
Solicitors {Gen¢r#ll
Edward Connor Solicitors, 10 The Point, Market HarborOU￿]- LE16 7QU
6. STRUCTURE, GOVERNANCE & MANAGEMENT
6.1 Constitution
The church was established as a Charitable Incorporaied Organisation in July 2019 wilh goveTning do¢utnent5 of a constitution
and church haodbook. Registration number 1184174.
6.b Method adopted for recruitment Appoltttthent ofneTY Trnstees (Eldtrs)
All future Tru$te¢s are io be apwinted following".
Pa8e 5

Redeemer Church Nottlnghim
Rtport of the Trust¢¢$ for the year ended 31 Detember 21124
A resolution of the Trustres recomtn¢nding a membtt who meets the requirements below.,
The approvaj of the PTOW>5ed Trustee bv a vote of Iwo.Ihirds of the members in gtnerdl meeting Present and votin8,' atKi
Confirmation of the new Trustee's consent 10 hold office and asseni and ¢onsent to the Basis of Faith and the Completion by
the new Trustee of the necessary paperwork.
The Trustees shall consist of not less than th￿¢ {Ih¢sc numbers include Minister/s and Assistant Minisierlsl membeT5 who display
the characieristj¢$ T¢quired of the offI¢e in l Timothy 3..1-7 and Titlls l-.5.9. All Trustees musi be fftetllbers. All Trusiees must
subscribe and adhere to, in belief and lifesty'le, the Basis of Faith.
6.t Politles & proeedure5 for th¢ Induction and tr4ining of Trustees {Elders1
New Trustees will r￿tIve=
A copy of the previous year's T￿￿te¢s, report and Financial Statements
A copy of the consliiution and church handLKN)k
Copies ofprevious Tn￿lees, me¢ting minutes
A copy of the curtent Y&￿,5 financial for¢c&8t or budget
Charity Commission CC3 - The Essenti￿ Tru5tee.' What you need io know.
A copy of the Charity Governance code
Copies of all the current up.tfrdate polieies
A copy of the risk Tegister
All new Trustees will be invitcd to attend the R¢d¢emer Safeguarding Training course lif not already irainedl
6.d 0rg4ni5ational Strutture
Full, Associttte andJuntor members.. The church depends on every member'5 active involvement in the life of the chur¢h. The
church must hold an AGM and Tnay hold thiher G¢n¢ral Meetings during the year io ¢tsnduct the affaits of the church which all
Full and Associate member5 are entitled lo attend. An AGM musi be held at least every 15 monihs. At an AGM. the member5
receive and approve the a¢¢ounts of the church (which shall be independently audiiedl for the previous financial year. rcceive the
Trustees, report on the chuTch'5 activities duriDg the preceding 12 month pcriod, appoint auditors for th¢ church lif necessary),
discu55 and deiennine any issues of policy or deal with any other business put before them.
Eldership (Tnuieetr)., The church is led by the Elders and those serving during the year are listed under reference and
administrative d¢tai15. They ar¢ the only committee i¢quired undei the constitution and take strAtcgic decisions ¢oncerning the
orgatsisaiion.
Church Tre¢FsureT (volunleer)." Jonathan Green. ReS￿nSible for maintsining the aceounts of the church, and processing income
and expenditure. IA ¢hur¢h bookkeeper was employed in January 2025 to process income and expeAditurel.
Posror (51afj).. Pete Brown. As well &8 reswiosibility &8 PaS￿r and Elder. he chairs the Eldership meetit)gs. He also has pastOTa].
preaching, and service leading re$tx)n5ibilities.
A5515tani Pafror (slqfj).. Sam Payt)e. As well Rs resrM)nsibility a5 an Elder, he also has pas￿ra], pr￿hing. and setvice leading
re5ponsibiliti¢s.
OperoiionJ.Vanager (Sluffj.. Graeme Stephen. AS w¢ll as having responsibi12ty for day-itrday opcrationd matters and church
managemeni, he also acts as Church secretary, being responsible for ¢nsurin8 accuTate ￿COrd keeping and appropriate review of
risk management aetivities. He is also responsible for the ¢lM)rdin&ion of church business meetings.
Page 6

Redeemer Chur¢h Nottlngh*tth
Report of the Trn5tee$ for tht year ended 31 December 2024
DgdcotL¥.' Deacons are r¢s￿nSible for leading chur¢h-wide ministries. As of the end of 2024, the deacons of the church were..
Katherine Bull¢id. Kate Caldwell. Katie Clay) Rob Gordon, Jonathan Green, Ben How¢ll-Thomas, Miriarn Knighi, Clair¢ LL5ter.
Chris Potts, Gemma Purcell, lan Purcell. Bethany U(k)h, Dave Udoh.
6.e Charity Networ
R¢de¢mer Church Nottingham is an independent or8anisation and is not part of any wider network.
6.f Associated Charities
The church is a tnember of the Fellowship of Independent Evangelical Churches {FIEQ and the Midlands Gos￿[ partttership
(MGPI. The church actively partner5 With other like-minded dwities and has panicularly close links with Cornersione Church
Nottingham. having been plant¢d from that church.
6.g Risk management
The elders have delegated responsibility for establishing and reviewing a risk register to a group ¢orTLpfi5ing of Simon Lister.
Graeme Stephen, and other members of the ehur¢h including certain deacons. This is then reviewed and approved by the elders.
The priTnary risks identifjed are..
Ability to meet financial tommltmettts.. the Church ha5 been njttning independently for i number of years and has completed a
signifjcant building ptoje¢t and met iniital running costs and rising mortgage costs. Redeemer holds significant fund5 and
unrestricted income ha5 been growing- Ihe appointtnent of new members of Staff during 2024 ha5 been accounicd for within the
budg￿.
L*ad¢rshlp #nd 5ucces5ion.' The church dq)ends heavily on volunteer leadeTS. but this model h&5 come under pres$ur¢ with
significant growth iti numbers. There is a real need 10 ensuTe adequate development of new volunieers to ￿pport church growth
and planting in future.
SafeguArding'. Abuse of any kind would seriously damage ihe church and its witness in Ihe Community. A safegu2rding policy is
established in line with Thirtyone.'Eight'$ latest model and relevant members have be￿ Irained in line with this wlicy. DBS
hecks ￿e also used as appTopriate.
Public Scandal.. Any Ic8al action by suing or any public scandal would affect the mirri5try at Redeemer Chur¢h Nottingham. All
members in leadership are encouraged to be humble and prayerful but given the varied nature and potentid for fabrications the
best rtsp)ttse after personal vigilance would be ¢0 addres5 155ues as th¢y arise. An appTaisal proce&s is in place for all staff.
Compllante f#llurt'. volunteer5 are required ￿ understand o)mplex requirements across a range of dirnen5ions. Having appoirtted
an Opcrations ma[￿er, the chur¢h ha5 greater capacity io help ideniify atly tK>tentia] ar￿ where change might be Tequired.
Cybtrseeurity: Technology Systems aTe integral to certain areas of church life and a5 such. a cybersecurity inciderti could lead to
a loss of dataor disruption of ongoing operational aclivilies.
Pa8e 7

R¢d¢¢mer Chureh Nottingham
Report of the Trustees for tb¢ y¢ar ¢rtd¢d 31 D¢¢¢mber 2024
7. TRUSTEES RESPONSIBILITILS IN RELATION TO THE FINANCIAL STATEMENT
The Tru5tee5 art reswnsible for preparing the Report of the Trusiees and the Fin9￿ClaI Statements in accordance with applicable
law and United Kingdom Generally Accepted Accounting Practice.
The law applicable ¢0 Charities in England and Wales, the Charities Aci 2011, Charity (Awounis and Repms} Regulaiions 2008
and the provision of th¢ Trust Deed require the Trustees to prepare financial staiemthi for each ye2r which Bive a true and fair
view of the State of affairs of the chaTity and of the incoming ￿sOurCeS and application of resources, including the income and
expendiillre of the Chariry foT ihe financial year. In Preparing iho8e finan¢ia] siat¢ments, th¢ Trustees ar¢ required w..
Sele¢t suitable accounting Folicies and apply them consistently-
Observe the methods and principles in the appropriate charilics SORP.,
Makejudgment$ and e5tirnate5 that are reasonable and prudent,.
State whether applicable 2CCOUtiting standaTds have been followed, subject to any material departures that must b¢ disclosed
atld explainwj in the financial staiemenis,.
Prepare the financial stai¢m¢nlS on the going concern basis unles5 It i5 Énappropriate to presume that the charity will continue
in 0￿ratiOn. and
The TTUStees are resrK)nsible for Tnaintaining the proper accounting records, which disclose with re&8onable accuracy at any lime
the financial w5ltion of the charily and to enable them to ensure that the financi￿ 5tat¢ment5 comply with the Charities Act 2011.
The). are also resronsible for safeguarding the assets of the charity and hence for 18king reasonable steps for the prevention and
dctection offraud and other irregu12rities.
This iepoll h&$ been pr¢paTed in ac¢oTdance with the Statement of Recommended Practice.. Accountin8 and Re￿rting by
Charities.
SignoJ- Mr Simon Lister {Elder)
t4/W
RedeemeT Chw¢h Nottingham
Old Town Hall
29 Fost¢r Av¢nue
Be¢5ton
Nottingham
NG9 IAE
Page 8

lTrdtpend¢nt Examiner's Report to the Trustees of Redeemer Church Nottingham
I report to the knjstees on my examination of the accounts of Redeemer Church Nottingham for the year ended 31 December
2024.
Responsibilities and basi5 of report
As th¢ ¢harity trustees you are responsibl¢ for the preparation of the accounts in accordanee with the requirements of the
Charities Act 2011 ('the Ad,).
I report in respect of my examination of charity account5 Carri￿ out under Se¢tion 145 of the 2011 Act and in carying out my
examination I have followed all the applicable direciion5 given by the Charity Commission under Section 145{5Mb) of the Act.
Since the Charity's trross income exceeded £250,000 your examiner must ￿ a member of a body listed in Section 145 of the
2011 Act. I confm that l am qualified to undertake the examtnation because l am a member of the Association of Chartered
Certified A wountants, which is one of the listed bodies.
l￿dependent Examiner's 518temtnt
I have completed my exaTnination. I confirni that no material matters have tome to my attention in connection wilh ihe
examination giving me taus¢ to believe that in any material respect..
Accounting records were not kept in respect of the charity as iequired by S¢ction 130 of the A¢t' or
The accounts do noi aceord with thos¢ r￿Ords.. or
The accounts do not ctsrnply with the applicable requirements concerning the fonn and content of accounts set out in
the Charities (Accounts and Reports) Regulations 2008 other than any requirem¢nt that the accounts give a 'trne and
fair view, which is not a matter considered as pan of an independent examination.
I have no concerns and have come across no other matters in CO[￿eCtIon with the examination to which attention should be
drawn in this report in order to enable a proper undersh￿dIng of the accounts to be reached.
MrMBra
TC Group
Cliffe Hill House
22-26 Nottingham Road
Stapleford
Nottingham
NG9 8AA
Date.. o*
Page 9

Redeemer Chureh Nottingham
Statement of Finan¢l#l Acttvitits
for the YeAr Ettdd 31 December 2024
VDrtStriete
Restiicled
Totsl
Total
Noit5
Donations and Le8acie5
Other Incom¢
Hire bjcome
425,943
1,690
34,709
100,205
526,148
1,690
34,7(YJ
462.134
26,385
Ineomefponi ChariMbleA¢iryiiies
Ev¢nis Inwme
Inve5tmEllt IncoJn¢
3,585
1.561
3,585
245
314
Totsl Incorne
100 205
567 693
5xp¢Ndithre oh Chariioble Aciivsiies
OpEiation of R¢dc¢mcr Chur¢b
and delivery of Mission Costs
Evenis Exp¢nditure
302,(MJ3
157,375
459.378
386.767
5,017
5.017
4,045
Tot*] Expenditllr¢
307.020
157.375
464.395
Net In¢om¢ Itxp¢nsesl *]
ttet thovtmenl in funds for iht ytar
10
160 468
Transfer betbveen fuJ)ds
199,7441
99,744
Fund bIl￿nce brought fotward
#t l J4nu4ry 2024
325,707
1,647,555
1,973,262
1,873286
Totsi fund5 e4rri¢d foN*rd
ai 31 Dettmber 2024
690 129
62
The Sraietnent of Financial Actiwilie5 includes all gains and losses in the year.
All inconjing resour¢es, atld re80urc¢s eXp￿ded derive from continuing actsvili¢s.
P2Ee 10

Redeemer chll￿h Nottingh#
B*l2tt¢¢ Sheet for the Yeir Elldtd 31 De¢¢mber 2024
Note
2024
21123
Fised A55ets
Tangible Assets
2,610.086
2.587,310
Current Assets
Cash at Bank and in Hand
MajoT Works Fund (Cash in Hand- Potl
Debtors
Sto¢k
321,695
10,000
35.643
223,437
34,696
107
367.338
258,240
Current LiabilltAts
Creditors due ii'iihin ont year
183,270)
178.92n
Net Current A
Tot#l Assets Lts$ Current Ligbllltles
284.068
2.894,154
179313
2,766,623
CredÉtors
Amounts falling due after more than one year
1817,594}
1793,361)
r4et A
2 076 560
1973 262
The Funds of the Charl
Unresiricied
Gen¢Tal
Designai¢d
10
10
386,431
325.707
Reslricied
10
I,6￿,129
1,647.555
Total Charl Fu
2 076,560
1973 262
The account5 were approved by :"
15/LlzS
Mr Simon Lister IElderl
Date
Mr Jonaih
GTeen (Treasurer)
Da
Pagell

Redeemer Church Nottingh4m
Cash Flow Stattrnent as at 31 December 2024
Not¢5
2024
2023
Net Cish from Operating Activities
15
208,570
140,351
Capital Expe￿dIt￿re and Financial Instruments,
purtha5e of Tangible Fixed A$s¢is
{100,3121
{67,8531
Net Cash Inflow (Oufflowl
108258
Ba]an¢e of cash brought forward
223.437
150.939
In¢re4se {DecTease) in cash in the year
108,258
72,498
Ntt Cash R¢source5 at 31 Decembtr 2024
331695
223 437
Page 12

Red¢¢mer Churth Nottingham
Note5 forming part of the Financial Statement
for the Yeir Ended 31 De¢embtr 2024
ACCOUNTING POLICIES
The principal accounting policies are summarised below. a¢¢ounting policies have been applied consistently throughout the
period.
BASIS OF PREPARATION
The financial statements have been in accordance with the Accounting and Reporting by Charities,. Statement of
Recommended Practice applicable to charities preparing thcir accounts in accordance with ihe Financial Reporting Standard
applicable in the UK and Republi¢ of Ireland IFRS1021 (effeciive l January 20191- (Charities SORP IFRS10211. Assds and
liabilities are initially recognised at historical cost or iransaction value unless Otherwise slated in the relevani accounting policy
noidsl.
Red¢¢mer ChuT¢h Nottingham meets the definition of a public beneflt entity under FRSIO2.
The Trustees consider there are no material unceTtaintie5 about the charity's abiliry io continue as a going concern.
The financial statements are prtsented in sterling 1£).
FUNDS
General Funds- are funds generdied ftotn activitie5 of the church su¢h as Lxx)ksta115. events, outside preaching, etc.
Unrestri¢ted Fund5- are general funds available for use at the discretion of ihe Elders 10 further the general objectives of the
church and which have noi been designated for specific purposes They are usually gift5 from members of ihc conBregation ar
the r¢tovered on those gifts.
Restricted Funds- are funds that can only be used in ac¢oTdance with Specific restrictions Imposed by the donor5 Qr which have
been raised for particulas purw>ses with the obj¢¢ts of the church and the tax recovered on those funds. The aim and use of ea¢h
Testricted fund is set out irt the Note5 to the Financial Stalemenls.
Desigr)ated Fund- this fund may be set aside during the year by the Elders for a specific purpos&
INCOMING RESOURCFS
All incoming r¢sourc¢s are included in the Statement of Financial Activities ISOFAI when the Church is legally entitled to the
income and the Amount can be quantified with Teasonable certainty.
Coll¢¢tions are recognised when received by or on behalf of the Elder5. Planned 8ivittg is rewgnised otlly when received.
Income i&x recoverable on Gift Aid donations is Tecognised when the donation has been receiv¢d.
Legacies are r¢¢ognised at the earlier of receipt or at the time the arnount can be M¢￿Ured with re&wnabl¢ certainty.
Dmaled services attd fa¢iTrilie5 are recognised as income when the Charity has control over the item, any condilions asw¢iated
wilh ihe donated item have been met, the receipt of economic benefjt from the use by the Charity of the ilern is Probable and
that cconomic benefit can be measured Teliably. On reccipt, donaTrd service$ and facilities are r￿ognIsed on the basis of the
value of the gift to the Charity which is the amouni the charity would have been willing io pay 10 obiain services OT facilities of
equivalent economic benefit on the open market., a corresponding amount is then recognised in expenditure in th¢ period of
receipt, where d)i$ Can be quantifjed.
Inte￿51 on funds held on dep05Lt is included when Teceivable and the amount can bc measured reliably by the eharity; thi5 IS
nomiolly upon notification of the interes¢ paid or yayablc by the bank.
Page 13

Redtemer Churth NottlDgh*m
Notes forming pArt of the Fln#n¢lal Stitement
for the Year Ended 31 Deeember 2024
RESOURCES EXPENDED
Expenditure is included on an accnjals basis and is recognised when there is a legal or ctsTh5tructive obligation to pay for
expenditure. All costs have teen directly attr]￿rable to one of the functional ¢a¢egoTitt of resource used in the SOFA. The
Church is not Tegistered for VAT and accordingly exptndibjrc is shown gross otirre£overable VAT.
PENSION POLICY
The charity operaies a defined contribution pension scheme. Contributions to the 5chem¢ arc rccognised &8 resources expended
upon paytnenl. The assets of Ihe scheme are held separately from those of ihe chariry in an independently administered fvnd.
Contribution5 pajable for the year ar¢ shown within the siatemeni of financial activitie5.
DEPRECIATION
Fixed assets and their a550ciated costs have been £apitaJised at cost. The depreciation has revicwed and 15 calculated so &8
to write off the cosi of fixed assets on the following basis. The cost of the original property and land before developruent have
not been depreciated it is feli the current W￿U¢ exceeds the original cost.
Property developm¢nt cost
2% on (ost
Equipment. fixtures and fitting5 Cost
20% straight line
DEBTORS
Debtors aTe recognised at the Settlemen¢ amount owed to the Charity or prepaid.
CREDITORS
Creditors arml PTovisions are recognised where the Chariiy has a present obligation resulting from a pasi eveni ihai will probably
result itt T￿ transfer of funds to a third party, Jnd the amount due to settle the obligation can be Jnea5ur¢d or tslimaied reliably.
Creditor5 and provisions ore normally recognised ai their $￿ement aTnount.
FINANCIAL INSTRUMENTS
The Charity ha5 financial a55ets and financial liabilities of a kitjd thai qualify. as basic finan¢iaJ insiruments. Basic financial
instruments are initially recognised at transaction value and subsequently measured at their seitlemeni value.
JUDGEMENT AND KEY SOURCES OF ESTIMATION VNCERTAINTY
The preparation of accounts using geneTaJly accepted accounting prin¢iples r¢quiTe5 management to rnake estimates and
a55umption5 that affeci the rewrted atnount5 of assets and Itabiliiies ai the da* of the accounts and thc report￿ amtsL￿ts of
revenues artd expenses during the reFrf)rtItt8 P¢TlOd.
The key estimates and a&%umption5 used in th¢ Financial Statements are detaila in the accounting policies.
LEASE AGREEMENTS
Rentals applicable to operating I&￿e agreements where subs¢aNtially all of the benefits and risks of ownership remain with the
lessor are ¢haTged against profits on a straight-line basis over the period of the Icase.
Trnsttt Remytt¢T#tion and Related Party Tratt$a¢tKknS
No emolum¢nis weTe Te¢eived by the Tn]ste¢s either in theiT ¢Apacities as Trustees or &8 memb¢rs of the BoaTd of Trustees ( see
note 4}. There were no other emolumenis or exp¢ns¢s paid to any oiher Chariiy trustee, or persons ¢onne¢ttd with such atrust¢e
directly or indirectly from the funds of the Charity OT from the propcrly of anybody connected with the ChariLy.
Pa8e 14

Rtdttm¢r Church Nottingkam
Nott$ formlttg part of the Financial Staternent
for the Year Ended 31 Dt£ember 2024
2. Donatloths, Gifts and Legacies IUnre5trattedl
2024
2023
General Giving and Gifi Aid Recoverable
Gift Day
329.207
226,417
121 168
347 585
425,943
Donations Glfts 2nd l*gacles (Restricted)
Building Fund and Gift Aid Recoverablc
Christsna5 Appeal and Gift Aid Recoverable
62,832
37,373
100205
83,894
114,549
Total Donations
526 148
462 134
3. Total Salaries & Stsff Summary
2024
2023
Salaries
Employer's Nl
Pension
Expenses
127,678
10,671
8.059
998
147,406
97,000
10.485
9,825
1.143
118 453
Average Weekly Numb¢r of Empknyee4 talculattd as full tlmt equlvilent$
Staff
(No employee re¢eivth remuneration of more than £60,000)
The nutnber of employees ro whom Tetiretnent betlefits were accruing w&8 as follow$.'
Defined Contributions Scheme
The key mana8emeni personnel of the charity. comprised the elder- pastor, operations manager and as5i5tant pa5tOT. The total
salaries of the key managetlleni personnel was £107,71312023.' £53.586).
Truste¢s giving in the flnancial year totalled £125,36212023.. £145.6991.
TNstees reimburs¢ment of expense5 in the year tota]led £1,728 (2023.. £1.0501
4. Trustee Remull¢ratlon
A trustee is remunerated, ￿ permitted in the Memorandum and Articles of Assttiation - thi$
includes salary, pension and expense5. The expenses are in¢urred 8s a direct resultof their work
and inrlude office and travel expcnses.
2024
2023
Aggregate Remuneration (Salary ERS NICI
Aggregate Pension
Aggregate Expenses
62,520
4,257
49,934
3,652
Page 15

Redeemer Chllreh Nottlngham
Notes forming pirt of th¢ Fin*ntial Statemtnt
for tht YtAr Ended 31 December 2024
S. Exp¢ndlture on Charitable Aetlvltks
2024
Restricted
2023
Total
Vxr¢stri¢ted
Totsl
5.1 Core Minist
Salaries (Noie 31
Ov¢rsea5 Missions (sec not¢ 13)
Equipment- General
Equipment- Worship
Building Runnin8 Costs
IT Subs¢rip¢ions and Computer Q)sts
Stationery. Printing and admin costs
Hardship Fund
Social Justice
Miscellaneous Co$is
Refreshmenls
Media Costs
Ministry Costs and training
Insurance
Rcdetmer Kids
Independent Examination fee
Bank charges
Advertising w5ts
Depreciation
Donations- Christmas Appeal
Litence Affiliation Fees
Legal Fees, including bank loan fee
Interest on bank lo￿ charges
HMRC Interest
147,406
6,178
3,676
2,902
75,070
4,746
3,766
1,174
1,280
882
1,820
147.406
6.178
3,676
2,902
75.070
4,746
3,766
1,174
1280
882
1,820
118.453
4,800
1,785
62,599
2,765
4.090
3,522
352
106
6.483
1,372
424
3.150
275
2,057
72,617
30,615
2.952
517
66,187
461
386 767
11,460
3,077
1,929
2,835
379
1,067
24,791
11,460
3,077
1,929
2,835
379
1,067
77,536
29,240
3,216
14,882
04,646
205
459 378
52,745
29.246
3,216
4.144
10.738
64.646
205
302 003
157375
5.2 Evenis Ex
CaieTing
Evanselis(ic Events
1.395
1,395
382
3.663
5,017
¢riti
Profitl L055
Th¢ operaiing profitlllossl 15 stated aft¢r charging'.-
2024
2023
Independeni Examination Fee
For oih¢r service5
2,835
580
3.150
435
6. Tattglble Asset and DepretiAtion
Cost of
Property
& L*nd
Cost of
Property
Development
Equlpmtnt
& Fixture5
Total
Cost at 31.12.2023
Addition$ during the year
BalDmc¢ at end of year
425,000
2.165.419
84,133
2 249.552
146,546
16,179
2,736,965
100312
2 837 277
Depreciation brought forward at 1.1.2024
Depreciation during the year
Balance ar end of ye8T
85,750
63,905
149.655
130741
227 191
Net Book Value INBV)- 202J
N¢¢ Book Valuc INBVI- 2024
425.000
2 079 669
82.641
2,587,310
2,610 086
Page 16

R¢d¢em¢r Church Nottingham
Notes forming part of tht Fin#n¢i¥l Statement
for the Year Ended 31 Dtttmbtr 2024
7. DebtOT
2024
2023
Gift Aid Recoverable
Prepayments
Trade DebtOTS
Other Debtors
30.680
,683
973
2,307
26,024
1,653
2,221
Creditor- Dut wlthin 12 woDth5
Trade Crediiors
Arcrual
Other Creditor$
Bank Loan Account
35.525
18,012
1,400
28,333
83,270
7,953
9,523
3,118
58,333
78,927
Creditors: Amounts filling dut afttr thor¢ than l y¢4r
2024
2023
Bank Property Loan$ 1- 2 y¢ar5
Bank Property LA>ans 3-5 years
Bank Prop¢rty Lnans after 5 y¢ars
28,333
56,666
732,595
817.594
58,333
I 16,666
618362
793 )61
Seeured Debts
2024
2023
Bank Loans
845 927
The bank holds security in the fomi of a fixed and floating charge over the asset of Redeemer Church, including the property at
Old Town Hall, 29 Foster Avenue. Beeston, Nottingham, NG9 IAE.
Loan interest is charged ai 6.2¥0 per annum and is for a 30 year pe¥iod.
The purchase of the property known as the Town Hall Beeston for £425.0￿ took place in the year ended 31 December 2020.
Fln•n¢l#l Commitments
In Sepiernber 2022 thechyJity eommenced a lease foT aph0￿￿p1eT ata cosiof £1,944 rKr annurn. the lease run5 until September
2027.
ADalysls of N¢t A$$ets between funds- 2024
Tot*1
Funds
2024
2.610,086
367,338
183,270}
817.594
2 076 560
Central
Funds
74,030
367,338
154,9371
Restritted
Fund$
2,536.036
Fixed Assets
Current Assets
Current Liabilities
Long Terrn Liabilitie5
Nei Assets at 31.12.24
{28,3331
817.594
1690 129
386431
AnAly$ts of Net Assets between fuDd5- 2023
Total
Funds
2022
2,587.310
258,240
{84,4711
787.817
1973 262
General
Funds
82.641
258240
115.174}
Restrltted
Fund$
2,504,669
Fixed Assets
Current Assets
Current Liabilities
Long Term Liabilities
Nei Assets at 31.12.23
169,297}
787,81
1,647.555
325.707
Page 17

Redeemer Church Nottlngham
Notes formirtg part of the FiNaThtial Statefftent
for the Yegr Ended 31 December 2024
10. Restrietsd Funds- 2024
Balance at
31 Deetmber
2024
Bil#n¢e at
1.1.24
Expendlture
Transfers
Old Town Hall
Christma5 Appeal
1,643,351
4,204
1.647.555
62,832
37,373
100,205
128,129
29,246
157,375
99,744
1,677,798
1,690 129
Restrietsd Funds- 2023
Balance at
31 December
2023
BA19noe gt
1.1.23
Ineome
Expendlture
Transfers
Old Town Hall
Christmas Appeal
1.590,233
4.164
1,594,397
83,894
30,655
114.549
117.249
86.473
1,643,351
147,864
1,647,555
Use of Funds
Old Town Hall- To receive monies io aid with the developrnent o( the Town Hall Piojeei and associated costs. Monies held
at 31 December 2024 toialled £1.677,798 (2023.. £1,6A3,351).
Christsnas Appeal- To support the work of Hope Nottinghatn, Hope Into Action and Open Doots and Safe Families.
The balance held at 31 December 2024 was £12,331 (2023". £4,204).
I I. TAxatio
The charitable company is exempt from Corporation Tax on its charitsble activities. The Elders have reviewed Redeemerchurch
NottinghaTn's activities and are confident that they fijlfil charitable aims and as such are considered to be foT the primary purpose.
12. Pension Commitments
The charity contributes to a defined contribution pension scheme. The asseis are held and administered by individually
selected pension providers. The p¢nsion ¢osl ¢harge represents contribution5 payable by th¢ ¢hority to ihe pension s¢h¢m¢ and
amollnts to £8,05912023. £9.825).
13. OverseA$ Missio
Monies paid for an overseas worker are paid thorough an agency known &$ P¢ople Int¢mational.
Support is also provid¢d to a mission family ihrough UFM.
J4. Rclated Partles
Redeemer Church Nottingham was established in the west of the ¢ity using resources of Cornersione Church, both money and
people. All monies held were transferred to Redeemer Chur¢h Nottingham during a prior fttjancial period.
The cos(s to develop the Town Hall to date less d¢pre¢iation ar¢ £2.12 million pounds. A loan h&$ been obrained from Kingdom
Bank for £850,000 for the redevelopment of Beeston Town Hall.
The previous CAF Bank mortgage was closed in July 2024.
The church supports the work of the wife of one of the Trustees, with fimds paid io Friends International, a mission organisation
that works amongst intemaiional students in the UK. tn 2024, the church paid Fl £2.000 for the personal supkx)rt.
There are no other related parties to disclose.
Pag¢ 18

Red¢¢ther Church Nottingh*m
Notes formlng PArt of tht Flngn¢l41 Statethent
for the Year Ended 31 December 2024
IS. Cg$h Flow Stst¢mertt
2024
2023
Net Incoming Regour¢es
101,198
99.976
Adj￿￿tMents'.-
Depreciation Charges
IIncrease}l Decrease in Debtors
{Increase}I D￿Tease in Siocks
Increa5d{Decrea5el in credi￿r5
77,536
1946)
107
72.617
6,081
(107)
208.570
140.351
16. Prtor Ye4r AdJustm¢tst
During the Preparation of the finanrial 5totements for the year ended 31 December 2024, it was identified that an error had
been madc in the comparative figures for the year ended 31 December 2023. in relation to the classification of the Charity's
Ink loan.
An amount due after more than one year. was it)corre¢tJy ¢L￿SIr1ed under Current liabilities rwh¢r than non-curr¢nt liabiliit¢s,'
this has been correct per below:
As Prtviously
Stated
Adiugtrnent
AS Rtstated
Current Liability
84.471
{5,5441
78,927
Non-CuTreni Liability
787.817
5.544
793.361
Page 19