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2024-12-31-accounts

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ALL SAINTS PRESBYTERIAN CHURCH

Report and Accounts

for the year to 31 December 2024

Charity registration number 1184509

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All Saints Presbyterian Church Report and accounts Contents

Page
Charity information 1
Report of the Trustees 2
Independent examiner's report 6
Statement of Financial Activities 7
Balance sheet 8
Notes to the accounts 9

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All Saints Presbyterian Church Trust information

Trustees Jonathan Winch (Treasurer) Dr Christopher Richards Rev. Benjamin Wontrop (Chairman) Charity number 1184509 Church address All Saints Presbyterian Church Akenside Hill Newcastle NE1 3UF Independent examiner Kinnair and Company Limited Aston House Redburn Road Newcastle Upon Tyne NE5 1NB

1

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All Saints Presbyterian Church Trustees' report

Introduction

The Trustees of All Saints Presbyterian Church present their report and accounts for the period ended 31 December 2024. These are prepared in accordance with the governing document, applicable accounting standards and the recommendations of Statement of Recommended Practice: Accounting and Reporting by Charities.

Objectives and principal activity

To advance the Christian Faith in accordance with the Statement of Beliefs in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time see fit.

To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world as the Trustees from time to time see fit.

To advance education in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time see fit.

The objectives are fulfilled by:

Holding public worship services, prayer meetings, Bible studies, evangelistic meetings, study groups, and fellowship meetings to promote the spiritual good of the region generally and of church members particularly.

Carrying out evangelistic work in the region.

Supporting domestic church planting and world missionary activities through prayer and financial aid.

Giving support outlined in object 2 to those who find themselves in need. Supported by a team of elders and deacons, the minister is available to meet with the sick/distressed and their families at all times.

Working closely with a local seminary campus, Westminster Seminary UK, accredited by Greenville Presbyterian Theological Seminary in the United States, to provide theological education with the goal of advancing the Great Commission.

Public benefit

The Trustees are aware of the Charity Commission guidance on public benefit. In doing so, the Trustees confirm that the charity's activities wholly comply with this guidance. In particular, this is evidenced by the way we have sought to advance the Christian faith through public outreach and teaching ministries to as many members of the public, both at home and abroad, as we are able to reach.

2

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All Saints Presbyterian Church Trustees' report

Achievements and performance

Ministry has continued according to the usual pattern, led by the Minister, elders and other qualified members, as well as visiting ministers. Ministry includes:

We have continued to support our church plants in Sunderland, Hexham and Zürich, and to provide assistance to Presbyterian churches in Hull and Durham, including visits by our staff and financial assistance.

We have substantially invested in the church grounds, opened our building to the public for historic tours and musical concerts, and encouraged local organisations to make use of the building for conferences.

The church continues to serve the young people of the congregation and that of other local churches by:

Financial review

During the year the Charity's total income was £187,027 (2023 - £111,160)

During the year the Charity's total expenditure £177,968 (2023 - £133,876)

The net surplus for the year was £9,059 (2023 net deficit of £22,716).

The total of the Charity's funds at 31 December 2024 was £1,178,612 (2023 - £1,169,553) which comprised an accumulated surplus on the General Fund of £1,176,683 (2023 - £1,166,655) and the accumulated surplus on the Restricted Fund of £1,929 (2023 - £2,898).

The regular finances of the Charity, to a very large extent, are given by the members of the Church congregation. Much work is done privately without recognition - the hours and value of that time cannot be quantified in advancing the Gospel. (Matthew 5:13-16)

Reserves policy: the Church has received endowment funding from a 501(c)3 Foundation in the United States that will fund certain specified programs, including development of the seminary and the convening of conferences, to be used over several years, being subject to strict and specific uses as required under the US Internal Revenue Code.

3

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All Saints Presbyterian Church Trustees' report

Plans for future periods

Structure, governance and management

The Charitable Incorporated Organisation (CIO) was formed under a constitution dated 19 July 2019.

New Trustees are appointed by existing Trustees.

The Church is a congregation belonging to the Evangelical Presbyterian Church in England and Wales (EPCEW) religious denomination. As such it shares the same vision as other congregations within the Presbytery and through the Presbytery, with other like-minded churches throughout the world (the EPCEW is a member of the International Conference of Reformed Churches).

The spiritual leadership of the Church in regards to spiritual affairs is governed under and by the authority of the Book of Church Order of the Evangelical Presbyterian Church in England and Wales.

The Charity's Trustees in regards to temporal affairs are governed by a charity constitution governed under the laws of England in particular the Charities Act.

The Charity's Trustees have considered and follow publication "A guide to conflicts of interest for Charity Trustees" as a matter of good practice.

Reference and administrative details

All Saints Presbyterian Church (the CIO, the Charity) is a registered charity (registration number 1184509).

The governing body of the Charity is the board of Trustees, which currently comprises 3 members. The Trustees who acted during the year and up to the date of this report are shown on page 1.

The registered office of the Charity and details of its principal advisors are shown on page 1.

4

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All Saints Presbyterian Church Trustees' report

Statement of trustees' responsibilities

The Trustees are required to prepare accounts for each financial year which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit for that period. In preparing those accounts, the Trustees are required to: select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and prepare the accounts on the going concern basis unless it is inappropriate to assume that the Charity will continue its activities.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the accounts comply with statutory requirements and with Charity's constitution and rules. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

Disclosure of information to the independent examiner

So far as each Trustee at the date of approval of this report is aware:

Approval

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This report was approved by the Trustees on …................. and signed on its behalf by:

. . . . . . . . . . . . . . . . . . . . . .

Jonathan Winch Trustee and Treasurer

5

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All Saints Presbyterian Church Independent Examiner's Report

Independent examiner's report to the Trustees of All Saints Presbyterian Church

I report on the accounts of the Charity for the period ended 31 December 2024, which are set out on pages 7 to 14.

Respective responsibilities of the Trust and the examiner

As members of the Charity you are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011(‘the 2011 Act’) and that an independent examination is needed.

It is my responsibility to:

Basis of this independent examiner's report

My examination was carried out in accordance with the general directions given by the Charity Commissioner. That 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 considering 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 ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

Since the gross income for the year exceeds the amount provided in section 145(3) of the Act, I confirm that I am qualified to act as Independent Examiner under the provisions of that section of the Act and that my qualification is as shown below.

In connection with my examination, no matter has come to my attention:

Mai L C Mak BSc. Hons. FCA Chartered Accountant

Kinnair and Company Limited Chartered Accountants Aston House Newcastle Upon Tyne

…......................

6

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All Saints Presbyterian Church Statement of Financial Activities for the year ended 31 December 2024

Notes
Income
Voluntary income
2
Investment income
Other income
3
Total income
Expenditure
Charitable activities:
- Staff
4
- Direct ministry
5
- Indirect ministry
6
- Property
7
- Depreciation
Total expenditure
.
Net movement in funds
Total funds brought forward
Total funds carried forward
Unrestricted
funds
2024
£
124,803
4,466
57,758
187,027
80,320
34,977
5,706
43,462
12,534
176,999
10,028
1,166,655
1,176,683
Restricted
income funds
2024
£
-
-
-
-
-
797
172
-
-
969
(969)
2,898
1,929
Total
funds
2024
£
124,803
4,466
57,758
187,027
80,320
35,774
5,878
43,462
12,534
177,968
9,059
1,169,553
1,178,612
Total
funds
2023
£
79,189
2,032
29,939
111,160
41,288
33,945
5,679
39,668
13,296
133,876
(22,716)
1,192,269
1,169,553

The Charity has no recognised gains or losses other than those shown in the Statement of Financial Activities. All of the activities of the Charity are classed as continuing.

7

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All Saints Presbyterian Church Balance Sheet as at 31 December 2024

Notes
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within one
year
11
Net current assets
Net assets
Funds
Unrestricted funds:
- General Fund
12
- Capital Reserve
13
Restricted funds:
- Restricted income funds
14,16
Total Trust funds
2024
£
1,026,567
7,398
148,003
155,401
(3,356)
152,045
1,178,612
135,302
1,041,381
1,176,683
1,929
1,929
1,178,612
2023
£
1,041,381
6,312
125,188
131,500
(3,328)
128,172
1,169,553
125,274
1,041,381
1,166,655
2,898
2,898
1,169,553

These accounts were approved by the Trustees � �������� on …................. and signed on its behalf by:

. . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Jonathan Winch Trustee and Treasurer

8

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All Saints Presbyterian Church Notes to the Accounts for the year ended 31 December 2024

1 Accounting policies

Basis of preparation

The financial statements of the Charity have been prepared under the historical cost convention in accordance with the 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 (FRS102) (Charities SORP (FRS102)) and the Charities Act 2011.

Going concern

The Trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern. The Trustees make this assessment in respect of a period of one year from the date of authorisation of issue of the financial statements and have concluded that the Charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the Charity's ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in the preparation of the financial statements.

A summary of the principal accounting policies, which have been consistently applied, is set out below.

Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably. Collections and donations are recognised when received.

Income tax recoverable on Gift Aid donations is not recognised until such claims that are made have been approved by HMRC and the amount receivable can be quantified with reasonable certainty.

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. All expenditure is inclusive of irrecoverable Value Added Tax.

Fixed assets

Fixed assets are held at fair value.

At each reporting date the Charity assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined to be the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives.

Debtors

Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Chairty anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

9

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All Saints Presbyterian Church Notes to the Accounts for the year ended 31 December 2024

Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

Taxation

The Charity is exempt from Income Tax on its charitable activities but is not exempt from Value Added Tax. Irrecoverable VAT is included in the cost of those items to which it relates.

Fund accounting

The charity operates restricted and unrestricted funds. Restricted funds relate to amounts received which have been specified for a particular use by the donor. All other funds are unrestricted funds which the charity may use for its charitable purposes at its discretion. Within unrestricted funds, the charity may designate certain funds for specific purposes.

2 Income: Congregational giving

Donations
3
Income: Other
Support from USA
Youth Ministry Fees
Building Hire
Other income
2024
Unrestricted
£
124,803
124,803
2024
Unrestricted
£
38,971
10,307
6,310
2,170
57,758
2024
Restricted
£
-
-
2024
Restricted
£
-
-
-
-
-
2024
Total
£
124,803
124,803
2024
Total
£
38,971
10,307
6,310
2,170
57,758
2023
Total
£
79,189
79,189
2023
Total
£
7,542
15,667
6,510
220
29,939

10

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All Saints Presbyterian Church Notes to the Accounts

for the year ended 31 December 2024

4 Expenditure: Staff

----- Start of picture text -----
||||| |---|---|---|---| |2024|2024|2024|2023| |Unrestricted|Restricted|Total|Total| |£|£|£|£| |-| |Minister stipend and expenses|67,151|67,151|23,677| |-| |Internship wages and expenses|7,092|7,092|12,058| |-| |Other wages|6,077|6,077|5,553| |-| |80,320|80,320|41,288| |Staff costs| |2024|2023| |Total|Total| |£|£| |Wages and salaries|68,158|32,217| |Social security costs|6,085|3,518| |Contribution to defined contribution pension schemes|6,077|5,553| |80,320|41,288| |The average number of persons employed by the Charity during the year was as follows:|

----- End of picture text -----

Employees

----- Start of picture text -----
||| |---|---| |2024|2023| |£|£| |4|4|

----- End of picture text -----

No member of staff earned £60,000 or more during the year.

No payments were made to the Trustees during the year for reimbursed expenses and wages.

5 Expenditure: Direct ministry costs

----- Start of picture text -----
|||||| |---|---|---|---|---| |2024|2024|2024|2023| |Unrestricted|Restricted|Total|Total| |£|£|£|£| |-| |Youth ministry|12,721|12,721|14,871| |Missional giving|15,432|15,432|8,900| |-| |Church fellowship|1,699|1,699|1,348| |Deacons Fund|2,213|-|2,213|1,150| |Hymnal and conference costs|1,589|797|2,386|7,258| |Support|1,323|-|1,323|418| |34,977|797|35,774|33,945|

----- End of picture text -----

6 Expenditure: Indirect ministry costs

----- Start of picture text -----
|||||| |---|---|---|---|---| |2024|2024|2024|2023| |Unrestricted|Restricted|Total|Total| |£|£|£|£| |Administration|1,931|-|1,931|849| |Refreshment|215|-|215|398| |Telephone and internet|427|-|427|563| |Accountancy fee|3,072|172|3,244|3,821| |Bank charges and interest|61|-|61|48| |5,706|172|5,878|5,679|

----- End of picture text -----

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All Saints Presbyterian Church Notes to the Accounts

for the year ended 31 December 2024

7 Expenditure: Property

Sundry
Service and maintenance charges
Light and heat
Rates
Cleaning
Insurance
Profit / (loss) on disposal
2024
Unrestricted
£
1,141
17,162
9,014
816
4,069
9,681
1,579
43,462
2024
Restricted
£
-
-
-
-
-
-
-
-
2024
Total
£
1,141
17,162
9,014
816
4,069
9,681
1,579
43,462
2023
Total
£
842
14,382
10,825
578
4,306
9,771
(1,036)
39,668

8 Independent examiner's remuneration

Fees payable to Charity's independent examiner for the
independent examination of the Charity's annual accounts
2024
2023
£
£
2,112
1,920
9 Tangible fixed assets
9
Tangible fixed assets
Fees payable to Charity's independent examiner for the
independent examination of the Charity's annual accounts
9
Tangible fixed assets
Fees payable to Charity's independent examiner for the
independent examination of the Charity's annual accounts
2024
£
2,112
2023
£
1,920
Cost
At 1 January 2024
Additions
Disposals
At 31 December 2024
Depreciation
At 1 January 2024
Charge for the year
On disposals
At 31 December 2024
Net book value
At 31 December 2024
At 31 December 2023
10 Debtors
Prepayments and accrued income
Freehold
land and
buildings
£
955,542
-
-
955,542
-
-
-
-
955,542
955,542
Plant and
equipment
£
130,698
488
(4,756)
126,430
44,859
12,533
(1,987)
55,405
71,025
85,839
2024
£
7,398
Total
£
1,086,240
488
(4,756)
1,081,972
44,859
12,533
(1,987)
55,405
1,026,567
1,041,381
2023
£
6,312

12

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All Saints Presbyterian Church Notes to the Accounts for the year ended 31 December 2024

11 Creditors: amounts falling due within one year
Accruals and deferred income
12 General fund
Brought forward
Net incoming/(outgoing) resources
Net transfers from the capital reserve
At 31 December
13 Capital reserve
Brought forward
Net transfers to the general fund
At 31 December
14 Restricted funds
Restricted income funds:
-Hymnal
Total restricted funds
2024
£
3,356
2024
£
125,274
10,028
-
135,302
2024
£
1,041,381
-
1,041,381
Balance at
31 Dec 2023
£
2,898
2,898
2023
£
3,328
2023
£
139,815
(16,717)
2,176
125,274
2023
£
1,043,557
(2,176)
1,041,381
Outgoing
resources/
transfers
£
(969)
(969)
Balance at
31 Dec-24
£
1,929
1,929

Restricted funds are solely for the use of capital restoration projects and for church growth.

15 Related party transactions

In addition, £16,819 (2023- £22,990) was received in donations from related parties (Trustees) during the year.

16 Analysis of net assets between funds

Fund balances at 31 December 2024 are represented by:

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Unrestricted
funds
£
1,026,567
153,472
(3,356)
1,176,683
Restricted
income
funds
£
-
1,929
-
1,929
Total
funds
£
1,026,567
155,401
(3,356)
1,178,612

13

Certificate Of Completion

Envelope Id: 20831B25-41BF-464F-BC69-2C1CD8306B37 Status: Sent Subject: Complete with Docusign: A1.4 All Saints Presbyterian Church 31-12-2024 Accounts.pdf Source Envelope: Document Pages: 15 Signatures: 2 Envelope Originator: Certificate Pages: 4 Initials: 0 Mai Mak AutoNav: Enabled mai-mak@kinnair.co.uk EnvelopeId Stamping: Enabled IP Address: 51.148.64.213 Time Zone: (UTC-08:00) Pacific Time (US & Canada)

Record Tracking

Status: Original Holder: Mai Mak Location: DocuSign 10/28/2025 6:10:41 AM mai-mak@kinnair.co.uk Signer Events Signature Timestamp Jonathan Winch Sent: 10/28/2025 6:12:36 AM jonpwinch@gmail.com Viewed: 10/28/2025 6:23:13 AM Security Level: Email, Account Authentication Signed: 10/28/2025 6:24:35 AM (None) Signature Adoption: Drawn on Device Using IP Address: 185.211.176.162 Electronic Record and Signature Disclosure: Accepted: 10/28/2025 6:23:13 AM ID: c58b0ba2-6a88-45ed-a9c8-9287b3693298 Mai Mak Sent: 10/28/2025 6:24:36 AM mai-mak@kinnair.co.uk Kinnair Associates Limited Security Level: Email, Account Authentication (None)

Electronic Record and Signature Disclosure: Not Offered via Docusign

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Envelope Summary Events Status Timestamps
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To request delivery from us of paper copies of the notices and disclosures previously provided by us to you electronically, you must send us an email to graham-murray@kinnair.co.uk and in the body of such request you must state your email address, full name, mailing address, and telephone number. We will bill you for any fees at that time, if any.

To withdraw your consent with Kinnair Associates

To inform us that you no longer wish to receive future notices and disclosures in electronic format you may:

i. decline to sign a document from within your signing session, and on the subsequent page, select the check-box indicating you wish to withdraw your consent, or you may;

ii. send us an email to graham-murray@kinnair.co.uk and in the body of such request you must state your email, full name, mailing address, and telephone number. We do not need any other information from you to withdraw consent.. The consequences of your withdrawing consent for online documents will be that transactions may take a longer time to process..

Required hardware and software

The minimum system requirements for using the DocuSign system may change over time. The - - current system requirements are found here: https://support.docusign.com/guides/signer guide signing-system-requirements.

Acknowledging your access and consent to receive and sign documents electronically

To confirm to us that you can access this information electronically, which will be similar to other electronic notices and disclosures that we will provide to you, please confirm that you have read this ERSD, and (i) that you are able to print on paper or electronically save this ERSD for your future reference and access; or (ii) that you are able to email this ERSD to an email address where you will be able to print on paper or save it for your future reference and access. Further, if you consent to receiving notices and disclosures exclusively in electronic format as described herein, then select the check-box next to ‘I agree to use electronic records and signatures’ before clicking ‘CONTINUE’ within the DocuSign system.

By selecting the check-box next to ‘I agree to use electronic records and signatures’, you confirm that: