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2024-12-31-accounts
| Trustees |
D Northcote-Passmore |
|
C Naish |
|
J Airdrie |
|
Mr A Heron |
|
J Luckham |
|
P Phillips |
|
H Stevens |
|
P Winfield |
|
C Hughes |
|
S Richards |
| Charity number |
1184841 |
| Company number |
11063630 |
| Principal address |
Belmont Chapel |
|
Western Way |
|
Exeter |
|
Devon |
|
EX1 2DB |
| Registered office |
Belmont Chapel |
|
Western Way |
|
Exeter |
|
Devon |
|
EX1 2DB |
| Independent examiner |
Mr A Hemmings BA (Hons) FCA CTA |
|
Simpkins Edwards LLP |
|
The Summit |
|
Woodwater Park |
|
Exeter |
|
EX2 5WS |
|
|
Page |
| Trustees'report |
|
1-6 |
| Independent examiner's |
report |
7 |
| Statement of financial activities |
|
8 |
| Balance sheet |
|
9 |
| Notes to the financial statements |
|
10-19 |
|
|
Unrestricted |
Unrestricted |
|
|
funds |
funds |
|
|
2024 |
2023 |
|
Notes |
£ |
£ |
| Income from: |
|
|
|
| Donations and legacies |
2 |
423,424 |
390,081 |
| Charitable activities |
3 |
22,167 |
33,557 |
| Other trading activities |
4 |
1,804 |
1,480 |
| Investments |
5 |
5,329 |
2,418 |
| Total income |
|
452,724 |
427,536 |
| Expenditure on: |
|
|
|
| Charitable activities |
6 |
484,409 |
403,829 |
| Other expenditure |
9 |
27,662 |
24,351 |
| Total expenditure |
|
512,071 |
428,180 |
| Net expenditure and movement in funds |
|
(59,347) |
(644) |
| Reconciliation of funds: |
|
|
|
| Fund balances at 1 January 2024 |
|
1,099,406 |
1,100,050 |
| Fund balances at 31 December 2024 |
|
1,040,059 |
1,099,406 |
|
|
2024 |
|
2023 |
|
|
Notes |
£ |
£ |
£ |
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
13 |
|
790,993 |
|
826,860 |
| Current assets |
|
|
|
|
|
| Debtors |
14 |
21,260 |
|
17,536 |
|
| Cash at bank and in hand |
|
241,825 |
|
268,085 |
|
|
|
263,085 |
|
285,621 |
|
| Creditors: amounts falling due within |
15 |
|
|
|
|
| one year |
|
(14,019) |
|
(13,075) |
|
| Net current assets |
|
|
249,066 |
|
272,546 |
| Total assets less current liabilities |
|
|
1,040,059 |
|
1,099,406 |
| The funds of the charity |
|
|
|
|
|
| Unrestricted funds |
|
|
1,040,059 |
|
1,099,406 |
|
|
|
1,040,059 |
|
1,099,406 |
|
**Unrestricted ** |
Unrestricted |
|
|
funds funds |
|
2024 |
2023 |
|
£ |
£ |
| Donations and gifts |
71,165 |
67,871 |
| Legacies receivable |
- |
1,064 |
| Gift Aid recoverable |
71,544 |
66,179 |
| Gift Aid donations |
280,715 |
254,967 |
|
423,424 |
390,081 |
|
Unrestricted Unrestricted |
Unrestricted Unrestricted |
|
funds |
funds |
|
2024 |
2023 |
|
£ |
£ |
| Third age |
6,136 |
5,108 |
| Special events |
4,131 |
17,954 |
| Youth work |
1,603 |
917 |
| Under eighteens |
660 |
980 |
| Young families |
9,235 |
8,463 |
| Fellowship Team |
402 |
135 |
|
22,167 |
33,557 |
| Other trading activities |
|
|
|
Unrestricted Unrestricted |
|
|
**funds ** |
funds |
|
2024 |
2023 |
|
£ |
£ |
| Income from buildings |
1,804 |
1,480 |
|
|
**Unrestricted ** |
Unrestricted |
|
|
|
funds funds |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
Interest receivable |
5,329 |
2,418 |
| **6 ** |
Charitable activities |
|
|
|
Charitable |
Charitable |
|
Expenditure |
Expenditure |
|
2024 |
2023 |
|
£ |
£ |
| Staff costs |
237,774 |
208,213 |
| Depreciation and impairment |
54,753 |
51,912 |
| Child protection |
318 |
525 |
| Sunday program |
1,849 |
1,586 |
| Recruitment |
w |
290 |
| Missionary & other charitable gifts |
200 |
400 |
| Literature and resources |
1,387 |
1,198 |
| Care support and fellowship team |
2,003 |
1,794 |
| Training |
963 |
1,581 |
| Third age |
6,019 |
5,517 |
| Special events |
24,407 |
4,451 |
| Young adults |
1,895 |
1,851 |
| Publicity |
- |
259 |
| Under eighteens |
9,159 |
7,661 |
| Young families |
2,623 |
3,070 |
| Electricity |
11,176 |
7,334 |
| Gas |
8,407 |
4,882 |
| Water |
2,275 |
1,817 |
| Insurance |
7,424 |
6,393 |
| Repairs and renewals |
24,781 |
17,678 |
| General running costs |
10,321 |
859 |
| Catering |
2,189 |
2,729 |
| Computer costs |
2,747 |
2,620 |
| Printing and stationery |
1,390 |
1,854 |
| Telephone |
2,420 |
1,673 |
| Copyright |
1,981 |
2,133 |
|
418,461 |
340,280 |
| Grant funding of activities (see note 7) |
65,948 |
63,549 |
|
484,409 |
403,829 |
|
**Charitable ** |
Charitable |
|
**Expenditure ** |
Expenditure |
|
|
2024 2023 |
|
£ |
£ |
| Grants to institutions: |
|
|
| European Christian Mission (Britain) |
13,000 |
12,000 |
| Evangelical Alliance |
1,000 |
1,000 |
| ECU |
4,000 |
4,000 |
| Exeter ICE Charitable Trust |
5,000 |
5,000 |
| Devon and Exeter Manna House Trust |
650 |
650 |
| Bernard's Acre |
- |
750 |
| Devon Christian Youth Camps Trrust |
650 |
650 |
| City of Exeter YMCA |
2,000 |
2,000 |
| Echoes International |
3,000 |
3,000 |
| Rainbow Living SW |
2,500 |
2,500 |
| A Rocha UK |
1,000 |
1,000 |
| CTAX (Christians Together across Exeter) |
600 |
600 |
| King's House Children Centre |
2,000 |
4,000 |
| Tear Fund |
2,000 |
2,000 |
| Faith in Kids |
1,000 |
1,000 |
| Open Doors UK & Ireland |
2,000 |
2,000 |
| France Mission |
2,500 |
2,500 |
| Exeter Food Bank |
250 |
250 |
| South West Youth Ministries |
2,000 |
1,000 |
| Crossline Soup Kitchen |
1,000 |
1,003 |
| Friends International Ministries |
6,000 |
6,086 |
| Counties (formerly Counties Evangelistic Work) |
1,000 |
1,000 |
| Care For The Family |
1,250 |
1,250 |
| Devon United Missionary Offering |
650 |
650 |
| Asifunde Sonke |
- |
2,500 |
| St James PCC Exeter |
500 |
500 |
| Just Love UK |
1,000 |
1,000 |
| Living Out |
1,000 |
1,000 |
| Welcome Churches |
650 |
- |
| UCC (London Institute for Contemporary Christians) |
1,250 |
|
|
59,450 |
61,389 |
| Grants to individuals: |
|
|
| Grants to individuals for short term mission |
2,802 |
2,160 |
| Mercy Gifts |
3,695 |
- |
|
65,947 |
63,549 |
| Grants payable |
|
(Continued) |
| Collections and donations received from the congregation: |
|
|
| St Petrocks |
150 |
150 |
| Tear Fund |
171 |
- |
| Exeter ICE Charitable Trust |
150 |
150 |
| Take off Pennies |
94 |
88 |
| Tear Fund Ukraine Humanitarian Appeal |
- |
645 |
| Christmas Collection |
1,556 |
- |
| Exeter Foodbank |
- |
10 |
| Funerals |
|
397 |
| Paul Kingori Water Project |
2,200 |
3,200 |
| Refugee Support Devon |
- |
262 |
|
4,321 |
4,902 |
| Net movement in funds |
2024 |
2023 |
|
£ |
£ |
| The net movement in funds is stated after charging/(crediting): |
|
|
| Depreciation of owned tangible fixed assets |
54,753 |
51,912 |
|
Unrestricted |
Unrestricted |
|
funds |
funds |
|
2024 |
2023 |
|
£ |
£ |
| Wages and National Insurance costs |
18,394 |
16,094 |
| Staff pension |
7,193 |
6,337 |
| Independent examination |
2,075 |
1,920 |
|
27,662 |
24,351 |
|
Salary |
ER Pension |
Total 2024 |
Salary |
ER Pension |
Total 2023 |
|
|
Contribution |
|
|
Contribution |
|
| Mr R C Hughes |
£39,186 |
£1,219 |
£40,405 |
£36,143 |
£1,118 |
£37,261 |
| The average monthly number of employees during th |
e year was: |
|
|
2024 2023 |
|
|
Number |
Number |
|
9 |
9 |
| Employment costs |
2024 |
2023 |
|
£ |
£ |
| Wages and salaries |
221,398 |
195,999 |
| Social security costs |
16,376 |
12,214 |
|
237,774 |
208,213 |
| **13 ** |
Tangible fixed assets |
|
|
|
|
|
|
Leasehold |
Plant and |
Lease |
Total |
|
|
land and |
equipment |
|
|
|
|
buildings |
|
|
|
|
|
£ |
£ |
£ |
£ |
|
Cost |
|
|
|
|
|
At 1 January 2024 |
1,615,768 |
387,656 |
75,432 |
2,078,856 |
|
Additions |
- |
18,887 |
- |
18,887 |
|
At 31 December 2024 |
1,615,768 |
406,543 |
75,432 |
2,097,743 |
|
Depreciation and impairment |
|
|
|
|
|
At 1 January 2024 |
872,783 |
351,179 |
28,035 |
1,251,997 |
|
Depreciation charged in the year |
32,787 |
18,855 |
3,111 |
54,753 |
|
At 31 December 2024 |
905,570 |
370,034 |
31,146 |
1,306,750 |
|
Carrying amount |
|
|
|
|
|
At 31 December 2024 |
710,198 |
36,509 |
44,286 |
790,993 |
|
At 31 December 2023 |
742,986 |
36,477 |
47,397 |
826,860 |
| Debtors |
|
|
|
2024 |
2023 |
| Amounts falling due within one year: |
£ |
£ |
| Trade debtors |
153 |
|
| Other debtors |
21,107 |
17,536 |
|
21,260 |
17,536 |
| Creditors: amounts falling due within one year |
|
|
|
2024 |
2023 |
|
£ |
£ |
| Other taxation and social security |
5,029 |
3,980 |
| Trade creditors |
51 |
2,753 |
| Other creditors |
4,543 |
2,872 |
| Accruals and deferred income |
4,396 |
3,470 |
|
14,019 |
13,075 |
|
At 1 January |
Incoming |
Resources |
At 31 |
|
2024 |
resources |
expended |
December |
|
|
|
|
2024 |
|
£ |
£ |
£ |
£ |
| General funds |
1,099,406 |
452,724 |
(512,071) |
1,040,059 |
| Previous year: |
At 1 January |
Incoming |
Resources |
At 31 |
|
2023 |
resources |
expended |
December |
|
|
|
|
2023 |
|
£ |
£ |
£ |
£ |
| General funds |
1,100,050 |
427,536 |
(428,180) |
1,099,406 |