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2024-12-31-accounts

Annual Report and Financial Statements for the Year Ended 31 December 2024

Centre Church

Charity registration number: 1185070

Independent Examiners Ltd The Grain Store Hills Barns

Appledram Lane South Chichester West Sussex PO20 7EG

CENTRE CHURCH

CONTENTS

Reference and Administrative Details 1
Trustees' Report 2 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 17

CENTRE CHURCH

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees

Samantha Harwood Samantha Gentry Guy Harwood Paul Aylett (appointed 1 January 2025)

Charity Registration 1185070 Number Principal Office 180 Leylands Road Burgess Hill West Sussex RH15 8HS Independent Examiner G W Schulz FCMA Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG Bankers HSBC 50 Church Road Burgess Hill West Sussex RH15 9AE

Page 1

CENTRE CHURCH

TRUSTEES' REPORT

The Trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2024.

Structure, governance and management

Nature of governing document

Centre Church registered as a Charitable Incorporated Organisation (CIO), number 1185070, on 28 August 2019.

Recruitment and appointment of Trustees

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the constitution.

Organisational structure

The day to day running of the church and all decision-making has been done by the Church Council.

Risk management

The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Objectives and activities

Objects and aims

The main object is the advancement of the Christian faith.

Public benefit

The Trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Achievements and performance

Review of activities

In 2024, the church continued to provide its full range of services, ministries, and outreaches within the church building. The Pastoral Team returned to being fully staffed, strengthening the support available across church life.

The community café in the church foyer remained in operation, though with reduced opening hours due to ongoing volunteer and staffing constraints.

The community café in the church foyer remained in operation, though with reduced opening hours due to ongoing volunteer and staffing constraints.

Page 2

CENTRE CHURCH

TRUSTEES' REPORT (CONTINUED)

Financial review

Income for the year amounted to £145,188 (2023: £161,493) and expenditure £124,041 (2023: £103,140), resulting in a surplus of £21,147 (2023: £58,353). This was added to the funds brought forward leaving a fund balance of £257,820 at the year end, of which £248,656 were unrestricted reserves.

Policy on reserves

It is the charity's policy to maintain at least one month's unrestricted reserves in the bank account to cover the essential administrative and general costs.

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.

Page 3

CENTRE CHURCH

TRUSTEES' REPORT (CONTINUED)

Statement of Responsibilities

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The annual report was approved by the Trustees of the charity on 28 October 2025 and signed on its behalf by:

......................................... Guy Harwood Trustee

Page 4

CENTRE CHURCH

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CENTRE CHURCH

I report to the Trustees on my examination of the accounts of Centre Church for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity Trustees of Centre Church you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Centre Church's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of Centre Church as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

...................................... G W Schulz FCMA Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG

28 October 2025

Page 5

CENTRE CHURCH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

Note
Unrestricted
funds
£
Income and Endowments from:
Donations and legacies
2
133,325
Other trading activities
3
3,870
Investment income
4
2,396
Total income
139,591
Expenditure on:
Raising funds
3,608
Charitable activities
5
106,890
Total expenditure
110,498
Net
income/(expenditure)
29,093
Transfer between funds
(8,010)
Net movement in funds
21,083
Reconciliation of funds
Total funds brought
forward
227,573
Total funds carried
forward
12
248,656		 Restricted
funds
£
3,767
1,830
-
5,597
1,893
11,650
13,543
(7,946)
8,010
64
9,100
9,164		 Total
2024
£
137,092
5,700
2,396
145,188
5,501
118,540
124,041
21,147
-
21,147
236,673
257,820		 Total
2023
£
143,351
16,878
1,264
161,493
8,887
94,252
103,139
58,354
-
58,354
178,319
236,673

The notes on pages 8 to 17 form an integral part of these financial statements. Page 6

CENTRE CHURCH

BALANCE SHEET AS AT 31 DECEMBER 2024

Note
Fixed assets
Tangible assets
8
Current assets
Debtors
9
Cash at bank and in hand
Creditors: Amounts falling due within one year
10
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
12		 2024
£
111,776
111,776
10,150
137,734
147,884
(1,840)
146,044
257,820
9,164
248,656
257,820		 2023
£
115,033
115,033
4,884
117,943
122,827
(1,187)
121,640
236,673
9,100
227,573
236,673

The financial statements on pages 6 to 17 were approved by the Trustees, and authorised for issue on 28 October 2025 and signed on their behalf by:

......................................... Guy Harwood Trustee

The notes on pages 8 to 17 form an integral part of these financial statements. Page 7

CENTRE CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Centre Church meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Gift aid

Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

Page 8

CENTRE CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate
Freehold property 2% straight line
Equipment 20% straight line
Furniture and fixtures 20% straight line
Office equipment 33% straight line

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 9

CENTRE CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Liabilities

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 charity 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.

Fund structure

Unrestricted income funds are general funds that are available for use at the Trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Page 10

CENTRE CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

2 Income from donations and legacies

Unrestricted
funds
General
£
Donations and legacies;
Donations
102,321
Gift aid reclaimed
20,704
Grants, including capital
grants;
Grants
10,300
133,325
3 Income from other trading activities
Unrestricted
funds
General
£
Events income;
Conferences and similar
events
-
Property rental income
850
Café 180 income
3,020
Global University fees
-
3,870
4 Investment income
Unrestricted
funds
General
£
Interest receivable and
similar income;
Interest receivable on
bank deposits
2,396		 Restricted
funds
£
3,767
-
-
3,767
Restricted
funds
£
-
-
-
1,830
1,830
Restricted
funds
£
-		 Total
2024
£
106,088
20,704
10,300
137,092
Total
funds
£
-
850
3,020
1,830
5,700
Total
2024
£
2,396		 Total
2023
£
118,461
24,890
-
143,351
Total
2023
£
3,613
1,960
5,738
5,567
16,878
Total
2023
£
1,264

Page 11

CENTRE CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

5 Expenditure on charitable activities

Note
Ministry expenses
Missionary gifts
Gifts and donations
Conference fees and
training
Outreach
Rents and rates
Gas and electricity
Travelling
Printing and
stationery
Equipment
Maintenance
Insurance
Telephone and
internet
General expenses
Bank charges
Independent
examination
Depreciation
Staff costs
7		 Unrestricted
funds
General
£
6,197
-
2,010
1,631
-
508
5,490
10
2,327
635
22,966
3,114
1,415
9,021
113
1,440
4,955
45,058
106,890		 Restricted
funds
£
-
10,832
818
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
11,650		 Total
2024
£
6,197
10,832
2,828
1,631
-
508
5,490
10
2,327
635
22,966
3,114
1,415
9,021
113
1,440
4,955
45,058
118,540		 Total
2023
£
9,930
8,495
3,577
917
3,405
501
5,265
-
2,723
700
3,822
3,084
748
3,985
126
1,440
5,133
40,401
94,252

6 Trustees remuneration and expenses

No Trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No Trustees have received any reimbursed expenses or any other benefits from the charity during the year.

Page 12

CENTRE CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

7 Staff costs

The aggregate payroll costs were as follows:

7 Staff costs
The aggregate payroll costs were as follows:
Staff costs during the year were:
Wages and salaries
Pension costs		 2024
£
43,857
1,201
45,058		 2023
£
39,523
878
40,401

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

follows:
2024 2023
No No
Staff 3 3

No employee received emoluments of more than £60,000 during the year

Page 13

CENTRE CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

8 Tangible fixed assets

Land and
buildings
£
Furniture
and
fixtures
£
Computer
equipment
£
Cost
At 1 January
2024
139,679
22,834
9,955
Additions
-
-
1,698
At 31
December 2024
139,679
22,834
11,653
Depreciation
At 1 January
2024
27,937
20,324
9,955
Charge for the
year
2,794
965
566
At 31
December 2024
30,731
21,289
10,521
Net book value
At 31
December 2024
108,948
1,545
1,132
At 31
December 2023
111,742
2,510
-
9 Debtors
Accrued income
Other debtors
10 Creditors: amounts falling due within one year
Other creditors
Accruals		 Computer
equipment
£
9,955
1,698		 Equipment
£
16,691
-		 Total
£
189,159
1,698
190,857
74,126
4,955
79,081
111,776
115,033
2023
£
1,641
3,243
11,653 16,691
9,955
566		 15,910
630
10,521 16,540
1,132 151
- 781
2024
£
1,326
8,824
10,150
2024
£
796
1,044
1,840
4,884
2023
£
143
1,044
1,187

Page 14

CENTRE CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

11 Pension and other schemes

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to - £1,201 (2023 £878).

Contributions totalling £797 (2023 - £145) were payable to the scheme at the end of the year and are included in creditors.

Page 15

CENTRE CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

12 Funds

12 Funds
Unrestricted funds
General
General funds
Restricted funds
Mission fund
Benevolent fund
Global University
CAP Job Club
Total funds
Unrestricted funds
General
General funds
Restricted funds
Mission fund
Benevolent fund
Special events
Global University
CAP Job Club
Café start-up
Total funds		 Balance
at 1
January
2024
£
227,573
-
1,239
6,271
1,590
9,100
236,673
Balance
at 1
January
2023
£
167,263
-
616
-
8,108
1,590
742
11,056
178,319		 Incoming
resources
£
139,591
2,822
945
1,830
-
5,597
145,188
Incoming
resources
£
149,284
1,995
960
3,613
5,641
-
-
12,209
161,493		 Resources
expended
£
(110,498)
(10,832)
(818)
(1,893)
-
(13,543)
(124,041)
Resources
expended
£
(79,754)
(11,215)
(337)
(3,613)
(7,478)
-
(742)
(23,385)
(103,139)		 Transfers
£
(8,010)
8,010
-
-
-
8,010
-
Transfers
£
(9,220)
9,220
-
-
-
-
-
9,220
-		 Balance
at 31
December
2024
£
248,656
-
1,366
6,208
1,590
9,164
257,820
Balance
at 31
December
2023
£
227,573
-
1,239
-
6,271
1,590
-
9,100
236,673

Page 16

CENTRE CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

13 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
General
£
111,776
138,720
(1,840)
248,656
Unrestricted
funds
General
£
115,033
113,727
(1,187)
227,573		 Restricted
funds
£
-
9,164
-
9,164
Restricted
funds
£
-
9,100
-
9,100		 Total funds
at 31
December
2024
£
111,776
147,884
(1,840)
257,820
Total funds
at 31
December
2023
£
115,033
122,827
(1,187)
236,673

Page 17