2024-12-31-accounts

(XARrrABLE INCORPORATED NUMBER: 1188212 PORT DED3 BER2 SH HILL P STATEMEpirs Referen￿ and Administrative Detsils Report of the Trustees 3to5 IrKlependent Examiners Report Ststement of Financial Att￿rytieS 8alarKe Sheet Cash Flow Statement Notes to the Financial Statements IOto14

REFERENCE AND ADMINISTrATIVE DEfAILS Reglstered Charity number 1128298 Prlnclpal addre$5 Gospel Hall 2-4 Leighton Road Enfield ENI IXH AP Whitehead ACA 34 Illingworth Way Enfseld ENI 2PA Bankers Santander 1-5 Church Street Enfield EN2 6AB Fellowship of Independent Evangelical Churches 41 The Point Market Harborough LE16 7QU

Nrry 2024 The trustees present their report V•ryth the financial ststements of the charity for vear ended 31 December 2024. The tnjstees ￿ adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applic3ble to charities preparing their accounts in accordance with the Financial Reporting StarKlard applicable in the UK and RepublK of Ireland IFRS 1021 {effective l Jan￿ry 20191. On l August 2020 the charrty convèrted from an unincorpordted charity to a Charitable Incorporated Organisation this reorganisation was treated as a merger. CONSftrLWllON A group of Christians started meeting together in the Bush Hlll Park area In 2￿7 and established Bush Hill Park Community Church {"the Church) as a charity on in luly 21￿. On l August 2020 the Church transFerred its attl￿tIeS to a Charitsble Incorwrated Orranisation reeistered with the Charity Commission. The Church is governed by a constitution established in July 2(M)9 and updated in September 2019. PRINapAL ACTMTY The principal actlvity of the Church in the year under review was the Prodamation of the Gospel of the Lord Jesus Christ in Bush Hill Park and the surn)undlng area and thr￿h support of Mission at home and abroad. The Church provides SUPPOrtfor members of the Church and local communty. APPOINTMENT OF OFFICIAL5 Nominations for a new Elder may be made at any time by the body of Elders. The nomination requires the approval of the aiurch meeting wtth a minimum threshold of 80% of those voting. kn Elder shall be appolnted for ffve years and shall then be eligible for rtrelection. Deacons may be appointed by the Elders. Tfv no fixed temi but are reviewed annually. At preserrt there are no deacons appointed. The Church Secretary is ￿SPOnSible for the induction of any new elder which involves an awareness of the responsibilities of the position, the governing dctument. and the Church's polFCV and procedures. 31Page

PARK THE FirnJRE ACTMTtES It is the intention of the Elders to continue the principal artivitles as set out above. REVIEW OF THE YEAR Stuart Chaplin who has been the Pastor of the Church Sin￿ January 2015, left to take up a new role in February 2025. The Church has continued to hold services of worship every Sundayi which have included preaching and bible teachin8 and throughout the year age related activities for children have also been provided. All these meetings have been open to the general public. who have been regularfy invited by leafièt campaigns and press advertlsements. We continue to support our missionary family in various parts of the UK and abroad. There We￿ no transactions With related partles during the year. FINANaAL posmoN The Church made a surplus on unrestricted funds- £7,94412023: surplus £2.8261. Staff costs were lower as there empl￿ment of an administrator ￿ded and income was boosted by interest income of £4.36312023: £1.211). The Church made a gain on restrirted funds of £310.￿11 resulting from the dlsposal of a property. The proceeds were included in the Development fund which Incurred £26.211 {2023.. £8.(￿0) on the devdopment of new premises. RESERVES POUCY The objective is that the reserves of the Church are suffiaent to fund the activities for three months. At this stage the level of reserves is below that threshold. The elders continue to work towards building the level of reserves. RISK MANAGEMENT The elders have conducted a review of the major risks to which the church would be exposed, and systems are bein£ implemented to mitigate tl)ose risks where possible. The risks and systems wÈll be regularly reviewed.

FTHETR ELDERS AND OFHaALS The elder5 aThJ offi(?als in office during the year were as follows:_ Stuart Chaplin Paul Robinson John Reeves Roger Wray Nick Nonnan The church's actfvltles rely on the commwtment of large number of volunteers. The Church recoEnises the contribution that the volunteers make in the sustaining of its attivities. TRUSTEES RESPONSIBILMES Ch3rity13w requires the trustees to prepare finan¢ial statements for each financial year, which Eive a true and fair view of the state of affalrs of the church and of its financial aetivitie5 for that period. In preparingthose financial statements the elders and officials are required to: (al select suitable accounting policies and then apply them consistently; (b) makejudgements and estimates that are reasonable and pruden¢. (c} state whetherthe F)olicies adopted are in accordance wrth SORP 2(KJ5 and with applicable accounting standards. subjett to any material departures dlsclosed and explained in the financial statements,. Id) prepare the financial statements on the goirE con￿rn basi5 unless it 15 inapproprlate to assume that the Church will continue. The Èlders and deaeons are responsible for keepiNd accounting record5 which disclose with reasonable accuraw the financial position of the Church and to enable them to ascertain that the financlal statements comply with the Charities Act 1993. They are also responsibl@ for safeguarding the a$5ets of the Chureh and hente for taking reasonable steps for the prevention and detection of fraud or other i￿egUlar1ties. gned on behaFf of the Trustees R Wray 23 May 2025 51Page

RTOF E INDEPEN ER TOTHE TR BUSH HILL. PARK UR l ￿port on the accounts of the Charity forthe period ended 31 December 2024. which are set out on pages 7 to IS. The Charitvs trustee5 are responsible for the preparation of the attounts. The ChariWs' trustees considerthat an audit is not requiredforthisyear (undersection43{2) of the Chartties Act 1993 (the 1993 Art)) and that an independent examination is needed. It is my responsibilityto: exarnine the accounts (under section 43{3llal of the 1993 Act): to follow the procedure5 laid down in the General Directions given by the Charity Commissioners {under settion 4317llbl of the 1993 Act): and to 5tste whether particular matters have come to my attention. Basls of Independent examlnerfs report My exarnination was tarried out in accordan￿ with the General Directions given by the Charity Commissioners. An examination Indudes a revlew of the accounting records kept by the chartty and a comparison of accounts presented with those records. It also includes Consideration of any unusual iterns or disdosures in the accounts and seekirb8 explanatlons from you as trustees Co￿eming any such matters. The procedures undertaken do not provide all the evidence thatwould be required in an audit. and consequently I do not express an audit opinion on the view given by the accounts. Independent e￿iThe￿5 Statem In connection with my examinatTon, no matter has come to my attention: {11 which gives me reasonable cause to believe that In any material respett the requirements to keep accounting records in accordance with sethon 41 of the 1993 Act; and to prepa￿ accounts whith accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met; or 12) to which. in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. AP Whttehead ACA 34 Illingworth Wwi Enfield Middlesex ENI 2PA 23 May 2025 61Page

OF FIN .qlkAII Perf Unre￿rfrted fvnd5 Totsl Unrestricted Restrlcted nds Totsl Donations and legacies Donated assets other income lnve5trr￿nts Totsl 59.449 62.449 72257 72,257 1.770 4,363 337.113 338.883 4.363 th*y5￿95 2CI) 1,211 73,668 1,211 Charitable actiwties Totsl 57.638 29211 86049 70 78,904 57,638 29￿1 310￿ll {8,060) (5.2361 (52361 in funds Total funds brought forward Totsl fund5 carrled 920.119 48,137 968,256 917.295 56,197 973,492 L287,102 920.119 CONTINUING OPERATIONS All income and expenditure has arisen from continuing activities. The notes on pages I￿15 fonn part ofthese financial statements. 71Page

LL PAR IA 31 2023 Flxed assets Tangible assets 844.7￿1 845,832 Current assets Cash at bank and in hand 442.312 137,424 Creditors: Amounts falling due wwthin one ar 3.[￿0) Net current assets 1.287,102 134A24 Creditors: Amounts fallin due after more than one year (12,OCNJ Total net assets 7,102 968.256 The funds of the charity Re5trirtedAunds io 359,039 48.137 Unrestrfrtedfvnds Fixed asset fund Genèral fund Totsl unrestsltted funds io io 844.790 83,273 928,063 830,832 89,287 920,119 Totsl funds 1287.102 968,256 The flnancial statements were approved bythe Board ofTrustees on 23 May 2025 and were slgned on its behalf by: R Wray-Trustee The notes on pages 1fv15 form part of these financial ststements.

w srATEMEKr 2024 2023 Cash flows from operatlng actl¥fties Cash generated from operations 31X),525 8,405 Net cash rovided by operatlng actl¥ities 31J).525 {8,405 Cash flows from Investlng activfties Interest received 4.363 1,212 Change In cash and cash equlvalents in the reportiry period (7,193) Cash and equlvalents at the beglnnlng of the reptytlng perlod 137A24 144.617 Cash and o5h equivalents at the end of the reporting period 442.312 137.424 RECONCIUATION OF NEf INCOME TO NEf CASH FLOW FROM OPERAnNG ACTivmES Net incomellexpenditurel forthe reporti￿ period Adjustmentstr. Dep￿tiatIOn charges Interest received IDetreasel/ in creditors 318,846 15,2351 1,042 4.363 115,CAXJI 1,042 1,212 {3.OLKII Net cash from/(used In) operati1¥ activitses 18.405) The notes on pages ICk15 form part of these financial statements. Ipage

ACCOUNTING POUCIES Basls of preparfngihe flnancial Statem￿ and asses$n￿ of goiry concern The finanaal statements of the tharity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accountin8 and Reporting by Charities: Statement of Recommended Prattice applicable to charities preparing their accounts in attordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} (effective October 20191,. the Charities Act 2011 and the Charities Act 2011. The financial statemerrts have been prepared under the historical cost convention. The tmstee5 consider that there are no rnaterial Un￿rtaIntieS about the Church's ability to continue as a going Con￿rn. Incoming resources Voluntary income 15 received by way of donations and grfts and is included in fvll in the ststement of Financial Artivities when rc is receivable. Legac￿5 and donations are included In the Ststement of FinancFal Activitses in the year in which they are received. Donations arlsing under GrftAtd are accounted for on the dats of re￿Ipt and provisions are made for income tsx remaining undaimed at the year end. No value of Servi￿ by volunteers has been induded in these accounts. Expendltsre Gffts and donations represent amounts paid by the Church to support organisations With similar airns including the support of Members of the church undertaklng work in furtherance of the gospel outside with other organisations. Trade and other debtors are recognised at the settlement amounL Prepayrnents are valued at the amount prepaid. Cash at bank and in hand Cash at bank and in harKI indudes: cash. bank current accounts and bank deposit aecounts with no withdrawal limitstion& Credltors Credltors are recogni5ed where the thartty has a present obligation resulting from a past event that will result in the transfer of fijnds to a third party and the amount due to settle the obligation can be measur@d or estimated reliably. Creditors are recognised at their settlement amount. IOIPage

LLP AccoupinNG POLiaES (Cthtinuedj Tan8lble fixed assets Fixed assets for use by the Church with a value of greater than £l,(KK) are capitsli5ed and depreciated. Depreciation is provided at the following annual rates in orderto write off each asset over its estimated useful Irfe. Freehold property 1% reducing balan Taxatlon The Church is exempt from tax on its charitable attrvrknes. Fund accountin8 Restrictedfvnds TheTrainee Fund comprisesgifts given by indNiduals to fund a ministrytralnee undertaking a pastoral traininE and developmenL Unre5tnctedfvnds The general funds are donations and other ir*come received or8enerated forthe objects of the Church wrthoLrt further specific purpose. The Fixed Asset Fund represents the bcM)k Wdlue of other freehold property and tsngible assets. Flnanclal instrumonts The Church only has financial assets and finanaal liabilities of a kind that qualify as basic financial instruments. Basic finanaal instruments are initially measured at transattion value and subsequently measured at their setttement value. Pensk>ns The Church contributes to pension schemes nominated by the staff. The contribirtions are accounted for in the period in which they are receivable. 111 Page

to Donathjns and 2024 Unrestricted funds 2024 Restrkted funds 2024 Total fund5 2023 Unrestrlrted funds 2023 Restricted 2023 Total nds Re ular ivin Other donations Gift aid Total 44,010 7.545 10,894 49,164 6.472 16.621 49,164 6,472 16,621 4,545 10.894 Other Income 2024 2024 2024 T¢)tsl funds 2023 2023 Restrirted funds 2022 Total funds fvnds funds Income from charitable activities Income from sale of prope Total 1.770 1,770 2tx) 2IXI 337.113 337,113 337.113 338￿3 2C#) 200 Investment income 2024 2024 Restrlrted 2024 Totsl fvnd5 2023 Restricted fvnd$ Z023 Total funds Unrestricted fvnds lunds Bank interest Total 4.363 4.363 4363 1.211 1.211 1,211 1.211 Charitable actfvltles 2024 2024 2024 Total fund5 2023 Unrestrict fvnds 2023 Restrirted nds 2023 Total nds fvnds fvnds Christian ministy Staff costs Outreach. and development Mission organisations Premises costs Other costs Depreclation Totsl 39,734 1.275 39.734 1.275 45.469 7.CO7 45,469 7.007 6.549 6.549 5.361 5,361 4.780 4,258 1.042 57.638 26.211 30.991 7,258 1,042 86.849 9,126 2,839 1,042 70.844 8,OEdJ 17.186 2,839 1,042 29211 121Page

ILLP 2024 Unre5trirted fund5 2024 2024 Totsl funds 2023 Unrewicted funds 2023 Restrfcted funds 2023 Total funds funds Wa National insurance Pension Totsl es 37.378 37.378 43.120 43,120 2.335 39.713 2.335 39.713 2,349 45,469 2.349 45,469 Remuneration during the year was paid to one trustee - Stuart Chaplin totslling £37,378 {2023.' £37,073) in respect of hi5 emplo￿nent a5 Pastor of the Church along With pension contributions of £2.33512022 £2.3121. Stuart reteived no remuneration for his involvement as a trustee. No other beneffts were received by trustees during the year nor for the period ended 31 December 2024 or 2023. There were no trustees. expenses paid for the year ended 31 December 2024 nor for the period ended 31 De￿mber 2023. The average number of employees during the year was as follows," 2024 No. 2023 No. Pastors Admlnistrative staff Total 7. Tan8lble fixed assets Freehold property Totsl Cost Cost at the beginning of the period Additions Cost at the ènd of t 850.CKKJ 850.OCK) Depr•ciation At the beginning of the period Charge for the year At the end of the periiMI 4,168 1.042 5,210 3,126 1,042 4,168 Net book value at beginning of the period Net book value at end of the perfod 845.832 846,874 845,832 131Page

1. Tan8ible fixed assets {contlnuod) In June 2022 the Church received a 8tft of a property in Leighton Road from the B ￿thren which is Used for the Church's artivities. The property is induded at the valuation on the date of transfer of £600.0(K).
2. Credltors: Amounts falliry due within on• ￿al 2024 2023 Arnounts fdllln Secured loan Amounts falllng after more than one Secured loan 12,OCMJ The loan wa5 secured on the Ltvlng R￿rn, a freehold property at 105 St Marks Road, ENI IBJ. The loan was repaid in the year. The loan is interest free. due wlthin one 3,OCK) Movement in fvnds Balante at l jaTr￿ry Income Exwditure TAnsfers Balance at31 December 2024 Unrestiirted General fund Fixed asset fijnd Totsl unrestrirted funds nd 89,287 830.832 920,119 65.582 (57.638 113.9581 13.958 83,273 844,790 928.063 65,582 157.6381 Restrlttedfvnds Mlnistry Trainee fund Gifts Development fund Total restricted fvnds 5,230 33.484 9.423 137 5,230 33,484 320,325 359,039 13.1))01 126.2111 (29211) 337.113 340.1 Total 968.256 405,695 186,849) 1,287,102 2023 Unrestrictedfvnd General fund Fixed asset fund Totsl unrestricted lund5 88.421 828.874 917295 73.668 170.8441 (1.9581 1,958 89.287 830,832 920,119 70WI Restrictedfvnd5 Ministry Trainee fund Gifts Development fund Totsl restricted fvnds 5.230 33,484 17.483 56,197 5,230 33,484 9,423 48,137 18,0601 18.060) Totsl 973,492 73.668 178,904) 968256 141Page

The Ministry Trainee Fund tornprise5 gifts given by individua15 to fund a Ministry Trainee undertaking a pastoral training and developmenL The Fixed Asset Fund represents the Ix)ok value of other freehold property and tangible asse The General Fund is donations and other income reoived or generated for the objects of the church Witho￿ fijrther specific purpose. The Development Fund comprises funds for the development of a new church building. io. Net a55ets by fvnds GÈTrernl nd r￿ed Re5trltted funds Totsl funds 2024 Fixed a55ets Cash Total fund 83.273 83273 844.790 442.312 1,287,102 359,039 359.039 844,7 2023 Fixed assets Cash Other net current assets Liabilities due in more than one year Total 845.832 845,832 137,424 13,0001 112,0(xJ) 89,287 48.137 13,¢XNJi 112.1JJOI 48.137 151Page