Primrose Hill Community Church Annual Report and Financial Statements Year Ended 30 June 2024 Charity Number.. 1190064
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Page Charity information Trustees Annual Report Independent Examiners Report Receipts and Payments Account Statement of Assets and Liabilities Notes to the Financial Statements Page I
CHARITY INFORMATION Trustees: J Williams R Williams R Drew S Drew S Ball - Chair of Tnjslees C Bennett Registered Office.. Chapel Street Nelherton Dudley DY2 9PN Reglstered Charity Number: 1190064 Independent Exarniner: Benjamin Edwards 22 Ha51ingden Crescent Dudley DY3 2FE Bankers: Lloyds Bank plc 63 High Street t)udley DY1 1PY Page 2
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDING 30 JUNE 2024 The TTuslees are pleased lo present their report and financial statements for the year ended 30 June 2024. Organlsational Structure Primrose Hill Community Church is a Charitable Incorporated Organisation operating under a Trust Deed, incorporated on 23 June 2020, charity registration number 1190064. The charity was previously an excepted chaiity registered under the FIEC. Objectives & Activities Primrose Hill Community Church is a group of Christians in Nelherton. seeking to experience. communicate and demonstrate the love of God in OUT comrnunity. We run events. clubs, and services lo promote Christian worship and to meet the wider needs of our local communty. The principal objects of the Chartty are to advance the Christian faith within Nelherton, Dudley and the surrounding neighbourhood for the benefit of the publlc. mainly bul not exclusively, through the holding of prayer meetings, celebration of religious festivals, religious education. enlightening others about the Christian faith and lo provide outreach and pastoral care for the comfflunity. The main activities have been Church meetings ranging from Sunday moming worship, work amongst children and youth in the local area with an emphasis on outreach and the buildings have been Lrtllised by several groups throughout the weeks. Achlevements & Perfomance The financial year began with planning for Refresh, we were excited to be re-launching our conference and to be joined by Grace Wheeler. a nationally recognised speaker and communicator and premous member of our church community. We visited our new venue. Cloverfey Hall, and look laser measurements of all the venues. This came In useful when the venue changed the arrival times and we were left with a 10 hour setup rather than 36 hoursl Thanks to our team we made purchases of a light rig and mocked up the setup in a laped-out area of the Car park In order to make sure everything worked and fitted exadyl June 16th saw Refresh relaunched and we had an amazing weekend of fellowship and teaching. The usual activities Gontinued seeing an increase in the demand for. and donations to. our foodbank. In September our interns, Millie and Malachi started their second year with us and were joined part tlme by Evelyn. All have worked really hard for our team. In November the team attended CRE a yearly exhibition for Chrtslian resources. Many useful connections were made, and the team are working on several partnerships for the future and ways to make sure we are stewarding our finances in the best way possible. We are particularly excited about working with Konngct Radio moving forward and have been using their radio shows at Foodbank and other events. We also used a Lego animation augmenled nativity trail throughout December. This was purchased at CRE. November 22nd saw us pul on a worship night in the Hub which was an incredlble Ilme and resumed In a lol of our fringe youth attending arKJ oxpert8ncing worship for the first time. The thome for our Carol seryice was 'Chrislmas through the years, this involved a very ambitious model railway spearheaded by Tom, Lauren and John, which drew much attention from Warley Model Railway Club who run the UK'S largest Model Railway exhibition at the NEC. This led lo them attending the Carol SeNice and bringing three further layouts including a Thomas the Tank Engine themed children's layout, which had a lot of use. The service itself saw Carols around the piano, music Pa8e 3
from drfferenl eras and a gospel message. As always it was a major outreach event forthe community and we were thrilled lo see people from Foodbank and other groups bringing family and friends. February saw a focus on the maintenance of ow grounds. with a group of volunteers spending Ihg half term week making significant improvements, including our outdoor sealing area. March saw the preparation for a teaching series called "We are the churth. focussing on our role as we aim to serve the world as followers of Jesus. April saw We Are The Church dellvered and a very popular line of merch was sold including hoodies. sweatshirts and stickers. May & June saw work carried out as we treated the floorboards in the hub. As we travel through the year it's great to watch people and ministries grow. It's incredible lo look back on where we were and thank God for all he has done and is doing. Isaiah 43.19 says: "See, l am doing a new thing.1 Now it springs up.. do you not perceive it? l am making 8 way in the wilderness and streams in fhe wasleland.- Sometimes growih can be almost imperceptible when you're in the middle of it. Il's separation or standing back that creates the "Wow haven't you grown up!" moments. Il's dear to see that God is making a way, He is calling people lo a deeper understanding ofwho He is and what they are capable of if they surrender to Him. We know that God never changes bul is always doing something new. As Church we areloarning to perceive it. I'm always grateful for the work of our leaders and volunteers. Without them il would be impossib58 to do the wotk we are doing in our community. It seems a little frivolous. bLtt our model railway really spoke to me ofwh8t we can achieve as a church. We are blessed with people who are willing to have a go. and those people strive for a level that seems out of reach. it flies in the face of conventional wisdom. We don't have the budget. the skills or the experience sometimes. But at PHCC I find a team that are willing to leam. to put in the extra hours and end up at the deslinatlon we had the vision forl Keep going. keep dreaming and priorilise Jesus, °You were made for such a lime as this." Publlc Benefit The Trustees have considered this matter in conjunction with the guidance wnlained in the Charity Commission's guidan on public benefit and have concluded that the aims continue lo be charitable, that the aims and activities give identifiable beneffts lo the charitable sector, that the benefits are for the public and not unreasonably reslricled in any way, and that there is no detriment of harm arising from the aims and aclivilies. Flnancial Revlew Total receipt5 on unrestricted funds were £87.321 of which, £49,243 were unrestricted regular individual donations. Total unreslricled funds at the year-end were £8.422. Structur8, Governance and Management The Trustees who served during the year and up to the dale of signature of the financial statements were.. J Williams {appointed 23 June 20201 R Williams lappointed 23 June 20201 R DTew18ppoinled 23 June 20201 S Drew lappoinled 23 June 2020) S Ball lappoinled 23 June 20201 C Bennett (appointed 23 June 20201 Page 4
New Trustees are appointed by the existing Trustees for a term of3 years. A selection and recruitment process lakes place when potential Trustees are selected after making careful enquiry as lo their suitability and their support of the objectives of the Charity. Trustees, Responslbllltles In relatlon to the financial statements The Trusteos are responsible for preparing the Trustees, Report and the financial statemènts In accordance with the applicable law and United Kingdom Accounting Slalemenls {UK GAAPI. The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reportsl Regulations and the provisions of the trust deed requires the Trustees lo prepare the financial stslements for each financial year which give a true and fair view of the slate of affairs of the Charity and the incoming resources and application of resources, including the nel income or expenditure for the year. In preparlng these financial stalemenls, the Trustees are required lo= Select suitable accounting policies and then apply them consistently- Observe the methods and Principles in the Charity SORP-. Make judgements and estimates that are reasonable and prudent. Slate whether applicable accounting standards and slalemenls of recommended practice have been followed subject lo any departures disclosed and explained in the financial statements; and Prepare the financial statements on the going concem basls unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping proper accounting records which dI10$e with reasonable accuracy at any Ilme the financi81 position of the charity and enable them to ensure that the financial slalements comply wrth the Charities Act 2011, Charity (Accounts and Reports) Regulatfons and the provisions of the trust deed. They are a150 responsible for safeguarding the assets of the charity and hen for tsking reasonable steps for the prevenl*)n and detection of fraud and othgr irregularities. Approved on behalf of the Trustees on 1610412025 and signed on its behalf by J Wllliams Trustee Sue Drew Trustoe Page 5
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF PRIMROSE HILL COMMUNITY CHURCH I report lo the Trustees on my examination of the accounts of the above charity I'lhe Trust") for the year ended 30 June 2024. Responslbllltles and basls of report As the charity's Trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'Ihe Act'l. I report in respect of my examination of the Trust's accounts carried out under sertion 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145{5llbl of the Act. Independent examiners statement I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination which gives me cause lo believe that in, any material respect: the accounting records were not kept in accordance with sectton 130 of the Charities Act- or the accounts did not accord with the accounting records,. or the accounts did not comply with the applicable requirements concerning the form and content of accounts sel 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 lo be reached. Benlamln Edwards Member of Institute of Chartered Accountants In England and Wales 22 Hasllngden CrescenL Dudley. DY3 2FE 1610412025 Page 6
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30 JUNE 2024 Unrgstricted Funds 2024 Total Funds 2024 Unrestricted Funds Total Funds 2023 2023 Recelpts Donations and Legacies Other Trading Activities Investments 67,180 20,138 67.180 20,138 47.118 26.396 47,118 26,396 Total Receipts 87.321 87,321 73,515 73.515 Payments Ministry Administration Services Equipment BuiSding and Maintenance 21.136 25.537 22.770 8.826 3.930 21.136 25,537 22,770 8,826 3.930 24.817 21.872 17.965 6,677 2,323 24.817 21.872 17.965 6,677 2.323 82,199 82,199 73.653 73,653 Asset and Investment Purchases Leases Repaid 640 640 Total Payments 82.199 82,199 74,293 74,293 Net Rgcgipts 5.122 5,122 -778 .778 Cash Funds at Year End 8.384 8,384 3.262 3.262 Page 7
STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 30 JUNE 2024 Unrestricted Fund5 Total Funds 2024 Unrestricted Funds 2023 Total Funds 2024 2023 Cash Funds Bank Cu¥renl Account 3.356 39 3,356 39 4,989 2.964 236 62 2.964 236 Deposit Account Conference Accoynl 4,989 62 Total Cash Funds 8,384 8,384 3,262 3,262 Other Monetary Assets Gift Owed 11.284 11,284 9,463 9,463 Assets Retalned for Church Use Property Improvements Computer & Audio Equipment Total Assets 40.122 8,491 48.613 40.122 8.491 48,613 40,122 ,491 48,613 40.122 8,491 48,613 Liabilities Leases The above receipts and payments account and ststement of assets and liabilities were approved by the Trustees on and signed on thelr behalf by.. J Wllllams Trustee Sue Drew Truste Page 8
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 1. Trustee Remuneratlon and Beneflts J Williams is employed in the role of Senior Pastor in accordance with the Trust Deed allowing employrnenl of Trustees as long as the number receiving remuneration are not the majority. Tiustee Remuneration Summary: J Williams Salary National Insurance Pension Contributions 17,804 525 17,555 2. Donated Goods and Services Included in assets retained for church use is £8.491 of donated goods and seNices reiVed from the excepted charity prior to the formation of Primrose Hill Community Church CIO. Page 9