CHRISTCHURCH FINKIN STREET GRANTHAM NG31 6QZ A Welcoming Local Ecumenical Partnership **TRUSTEES’ ANNUAL REPORT FOR 2024.** ## **Introduction:** The accounts are being prepared and will be submitted to the Independent Examiner, and show a true reflection of payments and income over the financial year which runs from 1[st] January 2024 to 31[st] December 2024. ## **Aims and organisation:** ChristChurch is a Local Ecumenical Partnership between the Methodist Church and the United Reformed Church. It is part of the Grantham and Vale of Belvoir Circuit in the Nottingham and Derby District of the Methodist Church of Great Britain, and the United Reformed Church East Midlands Synod. The Church Mission statement was developed in line with those of the two sponsoring denominations using the five marks of mission. We seek to make our worship stimulating, challenging and relevant to the needs of our congregation. We share in fellowship through study, fundraising activities and social groups. ## **Review of the year:** The members of the Ecumenical Church Council, (E.C.C.) are the Managing Trustees of ChristChurch. 2024 has been a challenging year with the Church and Church Members being affected by the “Cost of Living Crisis” and the general inflation. On the positive side we have gained some new lettings. The Managing Trustees (E.C.C.) were kept fully updated on the Financial situation locally. and ECC having fully assessed all the risks and mitigations put in place. Risk Assessments were reviewed and updated. Probably the factor that has affected us most, especially the financial side, is the Cost-of-Living Crisis. As a Church we have suffered just as much as individuals have and we have seen our Utility bills soar to 3 times more than it had been previously. ## **Income:** The church’s regular income is primarily drawn from the giving of Church members, Sunday collections, regular coffee mornings and letting income from users hiring rooms. For 2024 this income has been slightly reduced than the expectation, due to the loss of a number of Members who gave generously via direct bank payments to Church. However, the Congregation have continued to supply their offerings by direct bank payments, for which the Trustees are very grateful. Without this support and financial help, it would not be possible to maintain the premises to a satisfactory standard and develop them to serve the Church’s mission more effectively. ## **Expenditure:** The major regular expenditure is the assessment paid to the Grantham and Vale of Belvoir Circuit, and the Ministry and Mission payment made to the U.R.C. East Midlands Synod, the contribution made by ChristChurch to the costs met centrally by the Circuit and the Synod, including the stipends and Manse costs for Ministers. Additional costs this year have related to ongoing maintenance issues that arise from the running and maintenance of a Grade II listed building over 175 years old in a conservation area. ## **Fund Balances:** As stated in the first paragraph, the accounts are being prepared for the Independent Examiner. As of 31[st] December 2024, we had the following balances in our accounts: As can be seen from those figures we have £9,297 more in our accounts as of the same time in 2023. In my view this is quite an achievement considering our expected total expenditure for the year, but I do want to comment too much on this until the Standard Form of Accounts are received back from the Independent Examiner. Financially, we also have the monies in the ChristChurch Community Project Account which is administered by June Ruddock, the balance in this account is £7,300 ## **Plans:** During 2025 there are a number of plans that will require to be finalised. a) The next Phase of the Community Project, has been fully discussed and consulted up on, to redevelop the rear of Church, to make this into a more accessible and working area, for members of Church and other Church users. The architects work needed, went out to tender and cbp Architects of Nottingham were the successful architects. We have been in regular contact with them and they have prepared plans for the work. The relevant procedures in relation to the Methodist Consents process has commenced on line and has received favourable comments from the Methodist Conservation Officer. b) The building itself is a Grade II listed building, in an important Conservation area and due to its age will always require maintenance, and because of its status, this does mean that any work and advice can be expensive. c) The Quinquennial report was completed during 2022 and there are still a number of issues here that do need to be investigated and resolved – This work has already commenced, and will hopefully be completed within the proposed Project. ## **Basis of preparation and legal framework:** ChristChurch accounts for the year ended 31[st] December 2024 have been prepared in accordance with the guidance from the Methodist Church and will be presented at the Church meeting in April 2024, for approval, once they have been returned from the Independent Examiner. **Full Name of Church** – ChristChurch L.E.P. – The Church is registered as a charity. Due to the annual income. This was approved by the Charity Commission and ChristChurch L.E.P. is now a Registered Charity (Charity No. 1187168). The members of the ChristChurch Ecumenical Council are the Managing Trustees, membership being made up of office holders, representatives appointed by the Church at the Annual General Meeting with a Circuit Representative. The treasurer, Mr Chris Morgan, has acted as the principal officer overseeing the day-to-day financial management and accounting for the Church during the year. **Independent Examiner** : Mrs Susan RADFORD, Screveton Road, Car Colston, Nottingham NG13 7ND **Investment Bankers** : Central Finance Board of the Methodist Church Trustees for Methodist Church Purposes. Presented to ChristChurch L.E.P. E.C.C. meeting of January 2025 for the report to be discussed and the request that full approval given to the report. Chris. Morgan, Treasurer, ChristChurch L.E.P. (January 2025) CHURCH RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS Christ Church ChurGh FOR THE YEAR ENDED 31 December 2024 Granthan and Vale of Belvoir Circuft Clrcult no. R6glstered Charlty- Charlty Regl¥tratlon number If not a registered charity HIS Majestys Revenuo and Customs Gift Aid number (The HMRC numt*r is equlva￿nt to a registered chartty number in temis of eviden￿ of charitable statu6 and may be used to give to donors or grant funders v￿$hing to see èvidence of the organisation'5 charitable status. Methodist charities in England and Wales that are not registéred charities are excepted from règistration under Statutory Instrument 2014 No.242) 1187168 X83738Q271 Minister. Rev Dr Peter Stevenson Church Stewards.. Mr Alan Greenslade Ruth Hinch Mrs June Ruddock Mrs Isabel W att Mr Trevor Ridsdale Mrs Jean Bred(enri Mrs Su8 Sulston Mr John Heald Mrs Marion tsevan Mrs Lesle Mees Tr8asurer. Mr Chris Morgan ChurGh-receipts4nd-payrnents SFA *￿t sun&J-2024.x18X 1of5 ACCOUNTS FOR THE YEAR ENDED 31 Decembor 2024 Christ Church ChuKh ikw•strlct•d Restrl¢tod Totsls thls Fund8 Fund¥ TotalB la¥t ar SECTION A 21 RECEIPTS offerings and Tax recovered Bank and CFB interest and Investment income 36.256 36,256 38,927 718 718 583 a4 Letbngs Other receipts TOTAL RECEIPTS 20,475 27,692 85,141 20A76 34.220 91,669 19,469 52,990 111.￿9 85 6,528 6￿28 a6 la7) SECTION b1 PAYMENTS b2 Circuit Assessment or Share 26.087 24,323 b3 DonattOnS b4 Repairs and Malntenan( Utilities Ilnsurances, water charges, heatsng & lighting) 11.404 11,404 26,661 b5 19.869 19,869 33.861 b7 Other payments TOTAL PAYMENTS 18,514 75,87 16,110 16.110 34,624 91,984 19,814 104,659 b8 (b91 SECTION C NET RECEIPTSIPAYME14TS FOR THE YEAR c1 {a6-b8) 9,287 19,5821 (315 7,310 Total fvnds brought forward from last year 132,791 132,791 125,481 Sub total e1+c2) 142.058 19,5821 132,476 132,791 Transfers and ad"ustrnents (CT) TOTAL FUNDS AT END OF YEAR (¢3+c41 142,058 (9.582} 132,476 {¢81 132,791 Ic6) SECTION D FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS (these amounts are not to be Included In totsl recelptslpayments fyurps above) d1 Balance brought foThvard from last year 297 d2 OfferingslGilts - r8ceNed for extemal o nlsations 150 687 d3 OfferingslGifts - passed lo extemal organisations 200 370 d4 BALANCE STILL TO BE PAID {d1+d2-d3) 247 297 2of5 Chrfst Church Chur¢h 8ÈCTION E Sumrnaryori Church atwunts r 31 LW,tw2tr24axJ Inkn r￿NSatI￿lS rwrybrwJtotPe C￿￿lIchUr￿l Me8tiw 14)klh*.thefuDd& of8n Intem81 Organisglix noM￿mY te Restii¢ted fund8 Un￿ tr*c*8Ely ¥h)wn trtyttrtywjd ￿u*d￿afty M￿￿751 purptsso. Thi$8¥tiDn e corn￿8ted to arrivoatlhe 9ross in¢om8 and eN￿*￿I￿re10￿b￿tsChuFth. Ifwtss threshold, *¢n rrth of ac(thnbn9 ANDA DIFFERENfFORM mu51 be L￿e￿t0 rWth&&¥Wts p* plèase rtsto r8gardk&iransth t*t4*n the Di¥trtcl conneLkd PhbtlOrw1g*K￿. INTERNAL ORIIANI$ArnNS Op¥lng b8*ncas CIDskng b8WcBS communty Pr(*t 16.050 19.662) 17.023 7,341 Fd8nd• foo 1.331 1,431 ¢3 offj&nwalkns￿ndj 1¢110 19.582) 8,772 Chut¢h aC￿unts Ilol broughtfLThar¢ from p z-tTrtslscolumnl #1.669 la71 Ib01 ijis) (¢71 132,791 132.478 Glo Y CHURCH 98,197 1S1,14S 141,248 CoTrtynue ￿ a 8eparate thoat If neces>ary ￿ brtngl totalafo￿￿￿ TOTAL RECEFPTS TOTAL PAVMtIlTS $ECTiON F CLOSIPIG HLRCH. CA8HFVP*8 HELD at31 Dxehts•24 Ga&h In han Bath CurréDtAcwuDt 29.&47 BartD AttoL 7,807 Central F￿an￿Board 83,130 fj4,￿s Ttuslegs for MÈ1hod￿I Ghurdt 14.782 11,782 oth*futhJ8 SUB TOTAL- Churth ao¢oyn Total fund$ hel) ty Intern& Trganwk*ts1thor*Wr bahnc8trts1 from atthtrl le121 114,437 Ic41 123,704 ICBI 18.364 8,T12 TOTALCASA FWDS HELb BY CHI 132,791 132,478 8ECTION $ 31 August2024 OTHER ￿Er8 and LJABILMES In¥egLDwtsllnrW & Bul*lnu5isee note8 rt Insur￿¥81￿) OthwAsB8ts Loanl81- ¥hy¥Woountouttsla￿lrrfj atwre￿ Olher LEaLKIi f4 Induds only Furth hoklatth&Cth81 FlrwKe Board ro IneJud8 Dnly Funds nèldatTrustee8 I)rM8th￿l5t¢hwth PL 91 Indu¢e aTryotherjn¥È6bnwts 80f5 Name ofchurch ..... .. Chrf8tcIw￿ LEP. Declarations and Scrutiny l ¢onfimi that these Recelpl and Payment based accounts forthe year to 31 Decombar 2024 have byen prepared from the records of the Chuich and that they tnclude all fvnds under the control of the Church trustees. Signature oftreasurer ..... ... Name and address of Ire8$urer....... ..... IAC . PostCode.tr)&81 FR Prn¥entation to the Church tru$t¢e8 I confimi Ih8t the annual rep)rt and accounts for the year ended 31 D8cembef 2024w8Felwill be. presented to the meeting of the Church trustees held on .fr- Signaturp of the Chair oftho meeting Name of the Chair of the meeting Independent Examine￿$ Report to the Trustees of the . Clth Chur Charfty Number 1187168 R#spon$lbiliiies and basis of report I report to thetrustees on my examination of the accounts ofthe .... .. .. . ... ........ Church for the year ended 31 December 2024 set out on pages ... As the Church's truste￿. you are responsible for the Preparatron of the accounts In accordance wtlh the requlrements of the Chariti9s Act 2011 ('the Act,). I report in resFxt of my examination of the Church's accounts ¢xrr18d out under section 145 of the Act and, in carrying out my examination. I have follTh•ded all the applicable Directions given by the Charity Commission under section 14515)(b) of the ACL ' delete or ¢ircl8 as appropriats 4of5 Name ofChurch...................................-..................... No............. Independent Examiner's Statement I have completed my examination. I confim that no material matters have come to my attention in Connection with the examination (other than that disclosed below.) which give me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Act. or the accounts do not accord with the accounting records. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this ￿port in order to enable a proper understanding of the accounts to b8 reached. I havelhave not. obtained independent verification of all investments with the Trustees for Methodist Churth Purposes or held in other trusts. bank balances and funds at the Central Finance Board of the Methodist Church which are individualty in eX￿SS of £10.000 (ten thousand pounds) at the balance sheet date. Signature of independent examiner Name of independent examiner Relevant professional qualfficalion of independent examiner Name of firm (where appropriate) Address Post Code Date C)li *cJ be. i•i cILo¢ L¥l delete or circle as appropriate ti 4-C o'L4- Church-receipts-arb&payments-2024 5of5 CHURCH RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS Christ Church ChurGh FOR THE YEAR ENDED 31 December 2024 Granthan and Vale of Belvoir Circuft Clrcult no. R6glstered Charlty- Charlty Regl¥tratlon number If not a registered charity HIS Majestys Revenuo and Customs Gift Aid number (The HMRC numt*r is equlva￿nt to a registered chartty number in temis of eviden￿ of charitable statu6 and may be used to give to donors or grant funders v￿$hing to see èvidence of the organisation'5 charitable status. Methodist charities in England and Wales that are not registéred charities are excepted from règistration under Statutory Instrument 2014 No.242) 1187168 X83738Q271 Minister. Rev Dr Peter Stevenson Church Stewards.. Mr Alan Greenslade Ruth Hinch Mrs June Ruddock Mrs Isabel W att Mr Trevor Ridsdale Mrs Jean Bred(enri Mrs Su8 Sulston Mr John Heald Mrs Marion tsevan Mrs Lesle Mees Tr8asurer. Mr Chris Morgan ChurGh-receipts4nd-payrnents SFA *￿t sun&J-2024.x18X 1of5 ACCOUNTS FOR THE YEAR ENDED 31 Decembor 2024 Christ Church ChuKh ikw•strlct•d Restrl¢tod Totsls thls Fund8 Fund¥ TotalB la¥t ar SECTION A 21 RECEIPTS offerings and Tax recovered Bank and CFB interest and Investment income 36.256 36,256 38,927 718 718 583 a4 Letbngs Other receipts TOTAL RECEIPTS 20,475 27,692 85,141 20A76 34.220 91,669 19,469 52,990 111.￿9 85 6,528 6￿28 a6 la7) SECTION b1 PAYMENTS b2 Circuit Assessment or Share 26.087 24,323 b3 DonattOnS b4 Repairs and Malntenan( Utilities Ilnsurances, water charges, heatsng & lighting) 11.404 11,404 26,661 b5 19.869 19,869 33.861 b7 Other payments TOTAL PAYMENTS 18,514 75,87 16,110 16.110 34,624 91,984 19,814 104,659 b8 (b91 SECTION C NET RECEIPTSIPAYME14TS FOR THE YEAR c1 {a6-b8) 9,287 19,5821 (315 7,310 Total fvnds brought forward from last year 132,791 132,791 125,481 Sub total e1+c2) 142.058 19,5821 132,476 132,791 Transfers and ad"ustrnents (CT) TOTAL FUNDS AT END OF YEAR (¢3+c41 142,058 (9.582} 132,476 {¢81 132,791 Ic6) SECTION D FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS (these amounts are not to be Included In totsl recelptslpayments fyurps above) d1 Balance brought foThvard from last year 297 d2 OfferingslGilts - r8ceNed for extemal o nlsations 150 687 d3 OfferingslGifts - passed lo extemal organisations 200 370 d4 BALANCE STILL TO BE PAID {d1+d2-d3) 247 297 2of5 Chrfst Church Chur¢h 8ÈCTION E Sumrnaryori Church atwunts r 31 LW,tw2tr24axJ Inkn r￿NSatI￿lS rwrybrwJtotPe C￿￿lIchUr￿l Me8tiw 14)klh*.thefuDd& of8n Intem81 Organisglix noM￿mY te Restii¢ted fund8 Un￿ tr*c*8Ely ¥h)wn trtyttrtywjd ￿u*d￿afty M￿￿751 purptsso. Thi$8¥tiDn e corn￿8ted to arrivoatlhe 9ross in¢om8 and eN￿*￿I￿re10￿b￿tsChuFth. Ifwtss threshold, *¢n rrth of ac(thnbn9 ANDA DIFFERENfFORM mu51 be L￿e￿t0 rWth&&¥Wts p* plèase rtsto r8gardk&iransth t*t4*n the Di¥trtcl conneLkd PhbtlOrw1g*K￿. INTERNAL ORIIANI$ArnNS Op¥lng b8*ncas CIDskng b8WcBS communty Pr(*t 16.050 19.662) 17.023 7,341 Fd8nd• foo 1.331 1,431 ¢3 offj&nwalkns￿ndj 1¢110 19.582) 8,772 Chut¢h aC￿unts Ilol broughtfLThar¢ from p z-tTrtslscolumnl #1.669 la71 Ib01 ijis) (¢71 132,791 132.478 Glo Y CHURCH 98,197 1S1,14S 141,248 CoTrtynue ￿ a 8eparate thoat If neces>ary ￿ brtngl totalafo￿￿￿ TOTAL RECEFPTS TOTAL PAVMtIlTS $ECTiON F CLOSIPIG HLRCH. CA8HFVP*8 HELD at31 Dxehts•24 Ga&h In han Bath CurréDtAcwuDt 29.&47 BartD AttoL 7,807 Central F￿an￿Board 83,130 fj4,￿s Ttuslegs for MÈ1hod￿I Ghurdt 14.782 11,782 oth*futhJ8 SUB TOTAL- Churth ao¢oyn Total fund$ hel) ty Intern& Trganwk*ts1thor*Wr bahnc8trts1 from atthtrl le121 114,437 Ic41 123,704 ICBI 18.364 8,T12 TOTALCASA FWDS HELb BY CHI 132,791 132,478 8ECTION $ 31 August2024 OTHER ￿Er8 and LJABILMES In¥egLDwtsllnrW & Bul*lnu5isee note8 rt Insur￿¥81￿) OthwAsB8ts Loanl81- ¥hy¥Woountouttsla￿lrrfj atwre￿ Olher LEaLKIi f4 Induds only Furth hoklatth&Cth81 FlrwKe Board ro IneJud8 Dnly Funds nèldatTrustee8 I)rM8th￿l5t¢hwth PL 91 Indu¢e aTryotherjn¥È6bnwts 80f5 Name ofchurch ..... .. Chrf8tcIw￿ LEP. Declarations and Scrutiny l ¢onfimi that these Recelpl and Payment based accounts forthe year to 31 Decombar 2024 have byen prepared from the records of the Chuich and that they tnclude all fvnds under the control of the Church trustees. Signature oftreasurer ..... ... Name and address of Ire8$urer....... ..... IAC . PostCode.tr)&81 FR Prn¥entation to the Church tru$t¢e8 I confimi Ih8t the annual rep)rt and accounts for the year ended 31 D8cembef 2024w8Felwill be. presented to the meeting of the Church trustees held on .fr- Signaturp of the Chair oftho meeting Name of the Chair of the meeting Independent Examine￿$ Report to the Trustees of the . Clth Chur Charfty Number 1187168 R#spon$lbiliiies and basis of report I report to thetrustees on my examination of the accounts ofthe .... .. .. . ... ........ Church for the year ended 31 December 2024 set out on pages ... As the Church's truste￿. you are responsible for the Preparatron of the accounts In accordance wtlh the requlrements of the Chariti9s Act 2011 ('the Act,). I report in resFxt of my examination of the Church's accounts ¢xrr18d out under section 145 of the Act and, in carrying out my examination. I have follTh•ded all the applicable Directions given by the Charity Commission under section 14515)(b) of the ACL ' delete or ¢ircl8 as appropriats 4of5 Name ofChurch...................................-..................... No............. Independent Examiner's Statement I have completed my examination. I confim that no material matters have come to my attention in Connection with the examination (other than that disclosed below.) which give me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Act. or the accounts do not accord with the accounting records. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this ￿port in order to enable a proper understanding of the accounts to b8 reached. I havelhave not. obtained independent verification of all investments with the Trustees for Methodist Churth Purposes or held in other trusts. bank balances and funds at the Central Finance Board of the Methodist Church which are individualty in eX￿SS of £10.000 (ten thousand pounds) at the balance sheet date. Signature of independent examiner Name of independent examiner Relevant professional qualfficalion of independent examiner Name of firm (where appropriate) Address Post Code Date C)li *cJ be. i•i cILo¢ L¥l delete or circle as appropriate ti 4-C o'L4- Church-receipts-arb&payments-2024 5of5