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|**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|





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|||**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|





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|||**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|





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|||**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|







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||**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|





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|||**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|





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||**Charitable **|**Charitable**|
|---|---|---|
||**Expenditure **|**Expenditure**|
|||**2024 2023**|
||**£**|<br>**£**|
|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|





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|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|



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||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|





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||Salary|ER Pension|<br>Total 2024|Salary|ER Pension|<br>Total 2023|
|---|---|---|---|---|---|---|
|||Contribution|||Contribution||
|Mr R C Hughes|£39,186|£1,219|£40,405|£36,143|£1,118|£37,261|



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|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|



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|**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|



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||**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|



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