King's Church Chessington Trustees Report and Financial Statements for the year ended 31 December 2024 Registered Charity number: 1190218
King s Church, Chessington Report - Year ended 31 st December 2024 Contents Report of the Tru5tees' Structure, Governance and Managemenl.......................................... Reference and Administrative Delails..................................................................................... Objectives and Activities....................................................................................... Achievements and Performance........................................................................................... 9 12 Financial Review........... 13 Trustees, Responslblllty Stalement............................................................................................14 Independent Examiner's Report lo the Trustees of King's Church, Chessington............... 15 Statement of Flnanclal Actlvltles............................................................................................... 16 Balance Sheet........................................................................................................................... 17 Statement of Cash Flows.. .... ..... .. 18 Notes to the Accounts.................................................................................. 19-27
King's Church, Chessington Report - Year ended 31st December 2024 Report of the Trustees The Trustees. who are also unpaid Elders ol the church and the senior pastor. present their report and accounts lor Ihe year ended 31 December 2024. This report has been prepared in accordance wrth the Charit*s Slalemenl ol Recommended Practice (Charities SORP IFRS 70211. Financial Reporting Standard 102 IFRS 1021 and the Charitiès Act 2011. Structure, Governance and Management King s Church. Chessinglon IKCCI, is a Charitable Incorporated Organisation ICIOI registered in July 2020 For conlexl, the church previously carned oul Its activities Ihrough the charity known as Chessinglon Evangelical Church ICECI Icharrty number 11291291. an unincorporated assrrialion. The assets and Iiabilitlgs of CEC wera transferred lo the CIO on 1 April 2021. KCC is an Independent Evangelical Church under the aSCeS of, and in association with the Fellowship of Independent Evangelical Churches IFIECI. KCC was established under a constllutlon approved by the Charity Commission, which contains the main legal provisions governing the church, ils purpose and Basis of Faith. Ils powers and the use of any property owned by ltte church. The Managing TrLtstees are appointed Iiom within Ihg elected Elders of the church (primarily the Ltnpaid Elders). The Church Rules sel out the praelices of the church and i¢s method ol internal govefnance. The Elders oversee and provide direclK)n lo the chur¢h in accordance with the charitable obieclives. Eldgrs Al the slart ol the year. the Eldership consisted of two members of staff.. Mike Tindall (Senior Pastor). Sleve Bialy IPaslor ol Tralning & Partnerships) and seven lay Elders.. Jon Akhursl (Chairl.. Chris Bass.. Gragrne Gentry., Bob Robinson, David Sims, Peter Hayden and Hwace While. Elders are appointed on the recommendation of other Elders. They musl have been church members for 81 least a year and their appointment is approved by a succèssful majority voto of the wholo thurch membership. Elders stand lil they wish) lor re-election every five years. Trustees The Managing Trustees ol the ehurch consist of the Senior Pastor antl the seven unpaid Elders ol the church. The &xisting Tru51e8s are responsible for the induclion of any newly appointed Trustees las pgr th@ KCC Conslilulion and Church Rules) The rolo of the Trustees is to ensure the church and community activities of KCC are in line with the charitable objectives and the organisalion is operating in a healthy way in regard lo safety and nsk. staff and volunteer. safeguarding. data Security and finance. 8ob Robinson is the chair of Trustees. On 18th March 2024 the trustees had a Ifaining evening wilh a drreclor. Ben 8ourne. from Ellis-Fermor solicilofs where he outlined the responsibilities 018 trusteè in a church chanly covering the following areas Role and responsibilitie5 01 trustees Conflicts ol interest and pemiilled trustee benefits Trustees and spiritual leadership Good governance in a church context • Charity Commission expectations and involvemenl
King's Church, Chessington Report - Year ended 31st December 2024 Reference and Administrative Details Charity Name.. Charity Registration Number= King's Church, Chessinglon 1190218 Registered Office and operational address: The King's Centre Coppard Gardens Chessinglon Surrey. KT9 2GZ Trustees and Elders Trustees who resigned during the Ongoing Trusteès New Trustees J. Akhurst C. Bass G. Gentry..- R. Robinson D. Sims M. Tindall P.Ha den H. While Church Mlnistry Team IElders and Changes in 2024 (Key Management Personnel) Paid Elders M. Tindall S Bialy Senior Pastor Pastor - Training and Partnerships Other key staff not on the eldership B. Archer Operations Direclor R. Sharp Kids Ministry Lead (part time- started in role Sept 20241 A. Leggell Women's Worker (concluded employment in Sept 2024) U. Partrid9e Exècutive Assistant Ipart-time) K Erilh Ministry Coordinator Ipart-timel A Underwood Designated Safeguarding Lead {part-timel G Edwards Pastoral Worker Ipart-timel M Cripps Women's Pastoral Worker Ipart lime- started in role Nov 20241 Independent Examiner Miriam Hickson CTA FCA JCS Accountants Limited 5 Robir) Hood Lane Sutton Surrey SM12SW Bankers Solicitors Barclays Bank Surbiton Branch 81-83 Victoria Road Surbilon. Sutton KT6 6 4NS Edward Connor Solicitors 39 The Point Market Harborough Leicestershire LE16 7QU
King's Church, Chessington Report - Year ended 31 st December 2024 Organisational Structure King's Church Chessington operates with a Board of Elders who met regularly {monthly) throughout the year lo provide pastoral oversight and direction of the church in keeping with the charitable objectives. KCC operates with a Board of Trustees who meel five limes a year to approve budgets,. receive management accounts,. implement Charity Commission recommended policies, determine, and review significant policies., deal with employment mallers and conlraclual issues; and assess risks and safely for the charity. Day-lo-day activity of the church is managed by the paid staff team, Ltnder the direction of the Senior Leadership Team ISLTI consisting of Mike Tindall (Senior Pastor), Sieve Bialy (Pastor of Training & Partnerships) and Ben Archer {Direclor of Operations) acling within responsibilities delegated by the Elders and Trustees. The chair of Trustees acts as the line manager for the SL T. Operations director, Ben Archer. who oversees all operational aspects of church life and the King's Centre on a day-lo-day basis. allends all the Iwstee meetings in an advisory capacity and ensures operational mplemenlalion. The church also employs.. part lime administrative and pasloTal staff. full lime and part lime staff lo run Ihe King s Centre and The Well Cafe - the church's building and Community Cenlre. The Trustees are supported in decision making by various working commillees drawn from church deacons, members and congregation who have speu81isl expertise in the following afeas. Finance - Chair Graham Birch, church treasurer, with Graeme Gentry as assigned Iruslee Safeguarding - Chair Anne Underwood IDSLI with Jon Akhursl as assigned trustee. Risk and safely - Chair Chris Underwood with Bob Robinson as assigned Irusle@. Oala Security . Chair Andrew Brock with Chris Bass as assigned Iruslee. People Chair Ben Archerlaclingl with Peter Hayden as assigned Iruslee. These committees formally report lo the Trustees once a year as lo the stale of health for their area of responsibility, an assessment of risk. and draft and recommend policies and changes lo policies for the trustees lo approve. The commillees also act as advisors lo the Iruslees on an as-required basis and actions raised and reviewed at each of the five annual Iru51ee meetings are passed lo each committee for working. Previously the Trustees have held a master risk l$ler with an action to review risks al each Iruslee meeting. However, the Iruslees had concems as the diligence of this process, given lo the importance of risk assessment in ensuring effective govemance for the charity. The decision was taken In early 2024 to ask each of the working commillees lo lake ownership ol risk assessment in their area of responsibility and compile their own risk register. Since then. each committee has been compiling a risk register with risk assessment and miligalions identified. From this work, the Trustees began compiling a Master Trustee Risk Register with high graded risks identified by the w01n9 committee for Iruslee monitoring and action. This document was in the process of compilation as we finished 2024 and the intent is that in 2025. as each working group presents their work lo the Iruslees, the risks in their area will be presented and reviewed with the Trustees.
King's Church, Chessington Report - Year ended 31 st December 2024 Finance The Finance comrniltee with Ihe Operations Director. acting within delegated responsibilities as set by the trustees. They also prepare and review budgets and approve and monitor spend within their delegation of authority IDOAI. Budgets are submilled for Trustee approval on an annual basis as well as approval ol large spends outside the DOA of the finance committee. The greatest area of risk identified in 2024 was succession planning for the current finance team wilh the recommendation of moving lo a new finance software system which would allow easier transfer of financial controls rather than the current dependence on spreadsheets. The new system is being implemented with a planned "go live" in 2025 Safeguarding The Trustees recognise that a major potential risk Ihat the church faces is in Child Protection with ministry lo over 300 children on a weekly basis as well as protection of up 100 vulnerable adults in our Highway and senior's ministry. King's Church Chessinglon has a Safeguarding policy and procedures covering all our activities with children and young people and adults at risk. These have been reviewed in line with legal requirements and current best Practice. Slatf and volunteers receive appropriate training and information lo be aware of safeguarding risks and all are subject lo all necessary checks using the Disclosure and Barring Service IDBSI before working with children and vulnerable adults. A Safeguarding rèport Is presentèd lo the Trustees each year and the policy, and procedures reviewed annually and updated when necessary. Al èv8ry Iruslee's meeting safeguarding is reviewed. From April 2023 Anne Underwood was employed as the designated safeguarding-lead lo ensure we maintain the highest diligence in this area. Jon Akhursl Is the Iruslee assigned lo saleguarding integrity and works cIos8ly with Anne undeI00d. They are supported by leads within areas of ministry who have operational oversight. Given the vital importance of Safeguarding. the Trustees had commissioned an independent review of the Safeguarding policies and procedures in 2022. which had led lo Anne's employment as Oesignaled Safe9uarding Lead IDSL}- Risk and Safety The risk and safely commillee now oversee a facility risk Tegisler and an activity risk reglsler for activitiès managed by the church both on and offsite. In addition, they monitor through the facility staff that facility hirers and conlraclors have risk management and liability insurance in place. The committee also overview health and safely through the health and safely policy including fire risk assessment, provision and training ol first aiders and fire wardens, file systems lesling and the control of hazardous substances ICOSHI. One action in 2024 was on the execution of a planned maintenance programme lo ensure we were compliant with all mandatory requiiemenls. This year the decision was taken lo upgrade the securily and fire monitoring alami systems, because of weaknesses identified in the fire risk assessment in 2023. The contract for this work was awarded in late 2024. The committee also monitors that the catering staff manage Food Hygiene risk effectively, and the catering team currently have the Food Standards Agency highest rating of 5 for Food Hygiene. In 2024 flooring in the kitchen and catering office wa5 replaced lo ensure the highest standards levels ol cleanliness. The commillee al each meeting review the Facility and Activity Risk registers to identify any new risks that arise and monitors how previously identified risks have been mitigated. They are supported in this by the facility supeNisor {facility risks) and the ministry co-ordinator (activity risks) and the operations director.
King's Church, Chessington Report - Year ended 31 st December 2024 The Facility Supeis0r produces an annual Health & Safely Report identifying any pallerns in the accident and near-miss logs and compliance with the Health and Safety policy and the associated "working al height" and "lone working, policies. A summary risk assessment for the facility and activity risks was also prepared by the working group for incorporation into the Master Trustee risk report. These are summarised and presented to the Iruslees once a year for approv21. Risks and safety are monitored on a regular basis by the Risk and Safely Committee and any concems raised with the Trustees through the link Iruslee. Data Security Data security and compliance with GDPR is overseen by the Dala Security Committee on behalf of the Iruslees. This committee drafts and amends our GDPR and data secLtrily policies and reports lo the Iruslees on any breaches or areas of concern. The commitlee oversees the integrity and security of our computer systems 8nd data management and provides a report on Data Security lo the Iruslees on an annual basis. There were no data breaches lo report in 2024 bul a few risks were identified which are now being miligaled through the planned move from Google to a Microsoft team environment in 2025. People The Pèople Committee is responsible for management and development of staff and volunteers sils on behalf of the trustees, the recruilmenl of staff and employmenl contracts under the staff banding structure and the process for staff appraisals. The trustees remain responsible for setting pay awards by band each year or approving transfers between bands or for the creation of any new posts that lie wilhoul the approved budget. Pay reviews by Iruslees refer lo public-seclor and leaching salaries combined with cost of living and inflation indices. Any decisions by Iruslees that impact staff remuneration and working conditions are always made wilhoul staff or Iruslees who are either a bèneficiary or are linked lo a staff member, belng present. When employment legislation changes. OUT employment policies and staff handb¢)ok are reviewed and updated by the People committee and approved by Ihe Iruslees. The People Commillee is also responsible lor recruilmenl and appraisal of 51aff on behalf of the trustees in a fair and Iransparenl way. During 2024 the director of operations was having to chair the people commillee on an ad hoc basis which was not ideal. In late 2024 we have added new members lo the committee with more specialist skills In this area lo bring the people committee up to the same standards as the other commill&es. Other Ministries In addition, ministry committeeslforums oversee several areas of ministry within the church under the direclion of the elders such as Kid's & Youth Ministry Accessibility and Special Needs ministry Techr)ical Support Evangelism Worship Team Seniors, ministry Men's ministry Mission Team
King's Church, Chessington Report - Year ended 31 st December 2024 These teams can consist of a mixture of Elders, Deacons, and volunteers with a heart for these areas of ministry. Most of the activities of King's Church Chessington is carried out by a large and willing body of volunteers who are engaged in every area of the ministry ol the church, without whom most of the aims of the church could not be delivered. No appropriate value can be attributed lo Ihis contribution, which therefore is not included within the financial valuation of the charity. Relationship to other organisations As a Christian organisalion, we aim lo demonslrale the benefit we bring lo local and wider communities, Trustees have had due regard lo guidan published by the Charity Commission on public benefit. The church is a member of the Fellowship of Independent Evangelical Churches IFIEC) and has working relationships with local churches regionally and across the UK, and with missions and para-churc organisalions inlernalionally. We support mission, church planting and revitalisalion ministries in the UK and Sweden led by staff who have been supported in training and developed from within the KCC congregation. Our giving lo such work is reviewed on a continuous basis to ensure they are aligned with our charitable objectives and well managed. These relationships are managed through the Mission Committee who are tasked by the Elders to annually review the fund allocations and demonslrale that funds are being used effectively and in accordance with KCC objectives. Charity Commission Policies During th& year, the Trustees eilher prepared, reviewed or Updated existing policies on the following. Financlal., Anli-money laundering. Conflict of interest,. Investmenl., Reseryes: Grant Making, Relief Data Securlty and GDPR Data Breach, Data Protection Complaints.. Data Protection- Data Retents'on- Information Security.. Privacy. Oporations and HR Complaints handling,. Paying staff., Staff Recruilmenl.. Staff Handbook. Volunteers Management, On-line Media. KCC Constilulion. KCC chUh Rules Rlsk and Safety Heallh and Safely, Risk Management. Working al Height. Lone working. Safeguarding Safe9uarding Policy. Safeguarding Children and Young People Procedure.. Safeguarding Vulnerable Adults Procedure
King's Church, Chessington Report - Year ended 31st December 2024 Objectives and Activities Kings Church Chessingion IKCC) is an independent Christian church. The objectives of KCC are defined in the Purposes section of the ConslilLJtion - that is... The advancement of the Christian Faith in accordance with the Basis of Faith primarily bul not exclusively within Chessinglon and the surrounding neighbourhood,. and Such other charitable purposes as shall. in the opinion of the Managing Trustees further the work of the Church. The church was established and ¢ontinues to seek to.. Proclaim the gospel of Jesus Chrisl in our communily. Gather Christian disciples into a local assembly. Teach them Ihe doctrines and practices of the Chrislian faith. The objectives do not changè. bul the strategies and goals may change. Our whole ethos is based on our Purpose slalemenl.. King's Church Chessinglon glorifies God and mak6S disciples by being a community for gospel transformalion locally, regionally, and globally. KCC Misslon: We exist lo invite 811 people into an 8ver-growing relalionship with King Jesus. KCC Value$.' We pray belore we act. We are equipped by the Word lo serye. We grow together in community. We partner effectively in the Gospel. We al¥vays ask in failh, "What's nexl?" Furthermore, all our policies. decisions, actions and activities are guided by God's word. the Bible, from which we derive our ultimate purpose as an organisation. Achievements and Performance In line with our objectives. purpose statement and values. we have undertaken a broad range of activities throughout Ihe period. Community Engagement and Social Action The community engagement activities of the church building, known as The King s Centre, are carried out through a company controlled by the church - K.C. Chessingion Ltd which produces ils own accounts with the aim to break even. The King's Cenlre ethos is summarised by the following mission slalemenl., "The King's Centre- a home for the community at the heart of the church" The King's Centre is a seven-day operation, with the local community engaging with our "Well" cafe and a host of a¢livilie5, classes and events hosted or run by the church or run as hired spaces by members of the community such as the over 50,5 Phoenix Social Club. The building itself can be constantly in use - be it for church activities and events, community activities and events. individual church members, aclivilies or business lets (large and small - from 4 people hiring a small room for a meeting lo over 800 people altending a school prize giving}. During the year, the Centre was used
King's Church, Chessington Report - Year ended 31 st December 2024 for Tolworth Girls School, Blood Donation Cenlre. Jack Pelchy Awards nights, Conferences. and a wide menu of activities for all ages within the communrty. The Well- is the coffee shop al the heart of the centre and is a 6 day a week operation including two late evenings, which in a standard week will serve over 800 customers and really provides a local community hub with a dedicated customer base. This is more than a commercial operation as il gives ffluch opportunity lo support several members of the community who open-up in conversation with staff and volunteers. Friendship Club is a bi-weekly Monday aftem¢)on ministry for around 70 seniors in the local community who engage in activities logelher and hear an epilogue. Bereavement Cafe is a monthly Saturday moming support group for those coming lo terms with bereavement. Men's Shed is run in two Portakabins al the rear of the centre under the auspices of the "Sharing lives charity sel up by some church members for befriending those isolated in the community. Men's Shed provides a practical outlet for learning skills in woodworking and painting for about 30 men struggling with mental illness, loneliness or eady onset dementia illness in our community often referred from local GP'S and social workers. The value of this ministry has been widely recognised by the local authority who have helped fund some of the improvements to equipment and facilities. The facilities were upgraded with the replacement of the existing leaky Portakabin with two new Portakabins wilh planning consent to allow an expansion ol the work. Foodbank A foodbank session is held on every Wednesday morning as a Chessingion branch of Kingslon Foodbank. We have had recent encouragements ol deep appreciation Irom some ol those who have benefited Irom Foodbank in the past but now have improved circumstances. Highway Is a club on Wednesday ev8nings providing an activity and leaching event for about 30 adults with learning disabilities. A number allend as residents of the local Fircroft residential home. These folks are very much pari of our church family and actively participate in our Sunday services such as leading Makalon signing from the front. Church Family KCC has continued lo provide a range of weekly services for corporate worship and discipleship for the church family drawn from church members, members of the congregation and newcomers. The aclivilies consist of two main Sunday leaching gatherings, small 'life groups, during the week, bible study groups, prayer meetings and a full programme of activities and leaching for young people. Sunday services are well attended Ic.400 people in the morning gathering and c.100 people al the evening galheringl however we are operating close lo the children's work and car park capacity in the morning. Through 2024 we began a dialogue with church members as to planning to move to two Sunday morning services so we could open up capacity lo accommodate a bigger congregation. The morning service also provides provision for children by way of a crèche and groups Irom babies through to aged 11. The groups for children and youth are al the heart of the church's aclivity, with mid-week groups from three Mums and Tols morning groups through lo youth groups for teenagers. On any given week these youth events18 events in lolall will see over 300 children and young people attend.
King's Church, Chessington Report - Year ended 31st December 2024 The church seeks lo support the church family through "Life Groups" and bible study groups during the week. There are c.20 small groups, often meeting in people's homes on a Tuesday or Wednesday morning or evening or at the Centre on a Wednesday morning. The purpose of these groups is lo meet lo encourage each other, pray and support. and study the bible together. The groups provide 8 crucial role in practically caring for one another and these are our firsl line of support for pastoral care. Church member's courses are held a couple of times a year for those who want to commit themselves lo the church and in the last year the church membership has grown lo 280 members. Membership courses are followed by baptism services {c 20 in 2024) for those who wish to make a public declaration that they have become Christians. Evangelism Our desire is lo make accessible the Christian Faith lo those who are interested and bul not yel Christians. We do this in a number of ways. Community Mlnistries. Al some of our community ministries we finish with an epilogue which introduces the Christian faith su¢h as in Friendship Club. Courses. Ouring the year we held evangelistic courses, 8s introductions to the Christian faith such as "il's almost loo good lo be true" and follow up groups lo assist folks in their ioumey lo faith. Sérvices. We always try lo ensure Ihal our services are welcoming lo all and have a programme lor welcoming and inlegrats'ng newcomers into the church community. Frlendships. Every member is encouraged to develop friendships within the community and lo pray for opportunities lo share their hope. Mission We havè strong links with a number of Christian charilies and organisalion5 around the world which are aligned with our charity objectives and are well known lo us. In the past KCC has helped develop and fund a significant numbeT of full lime Christian ministers and workers and these have become the prime focus for our mission support as we understand Iheir needs and can affimi their alignment with our charitable objectives. Amongst thè organisations that we support most keenly and are in continuous contact with and monitoring are Insight IRBK Schools workl, London City Mission, Caring for Life {Leedsl, Hope for Children (Lalvial, Good News Hospital (Madagascar). UCCF, Christian Solidarity Worldwide, and Arab Focus Media (Francel. Specific churches with staff members from Chessinglon that have limited resources that we support are Layton Community Church {Blackpool), Peak Trinity Church (Bakewelll, Slockwell Baptist and Greenslead Evangelical Church Colchesler. The most significanl gospel partner KCC supports Is Mission Sweden, which is headed up by Ben and Emelie Clark, who previously served al KCC. In 2019 they were sent lo Sweden lo begin a new church planting ministry in Gothenburg. We provide support for these organisalions in the form of volunteer help and financial giving. Some orgallisalions receive an annual amount from us and for others we organi5e special 'Giving days. _ al Easter and Christmas all of which is managed through the Mission Committee.
King's Church, Chessington Report - Year ended 31 st December 2024 We always aim lo use our resources al The King's Centre for the benefit of the 'wider church,. We are a150 appreciative of the support we receive in terms of guidance from the Mission Essex, the Converge group of churches in the USA. and particularly RockPoint Church in Phoenix Arizona. We began a process in 2024 of reviewing our mission giving as the proportion of our income in this area had doubled in recent years. In 2025 we plan lo bring this into line with previous levels. Staff Relations with our employees are excellent, with staff highly motivated and enthusiastic about the role they fulfil at the church. We wish for every member of the staff lo achieve their full potenlial and lo that end have supported their personal and spiritual development. This is normally monitored by way of annual review bul most importantly in the day-lo-day encouragement in role and support from their line managers. The employment of a full time Building and Programme Supervisors and cleaner means that our regular programme of cleaning and maintenance ensures Ihe King's Centre is clean, Iresh, fit for purpose and ready for operation on a (iaily basis. We also hav8 a large but wonderfully committed group of staff operating 'The Well" We are very appreciative of our senior leadership team of Mike. Steve and Ben who continuously look al how we can engage our community. inspire the church, and progress the building of Christ's Kingdom here in Chessinglon. These are ably supported by our leam of admin staff who help the smooth functioning of church and centre life. We record with much thanks the work ofAnnie Leggett who fetired as Oufwornan's pastor81 care worker and women's bible teacher. Mandy Cripps was employed part-time lo lake over the pastoral care work of our women in autumn 2024 and we are in the process of appointing a part-lime women's worker lo oversee women's bible study ministry and the discipling of our women. We are very grateful for the pastoral support team of Annie and now Mandy and Garelh Edwards working with our senior pastor lo ensure our people are well cared. Plans for the Future We continue to build on the church slralegy established in 2020 in preparation for our senior pastor Mike Tindall joining us. These were. We are both a local and a regional church (40°A of people who attersd KCC regularly, do not live in the local poslcode} Training and sending is and has be&n a part of the DNA al KCC God has enlrusled us with The King's Centre itself as a resource and footprint for ministry in Che55inglon and our region. Over 2024 we have seen significant growth of the Sunday morning congregation and are now working at the limits of the facility and car park in lems of capacity, and we are In the process of moving lo a second Sunday morning service in 2025. The iriput from churches like Rockpoinl Phoenix Arizona and Mission Essex who have already done this has helped our planning. In 8dditiorn, we are considering the appointment of part time pastor of discipleship lo work alongside the plarined women's bible teacher lo develop spiritual growth and maturity in our congregation through use of small groups etc.
King's Church, Chessington Report - Year ended 31st December 2024 We are excited to be a ¢hur¢h that glorifies God and makes disciples by being a communltyfor g05pel transformation locally, regionally, and internationally. Financial Review General Observations During 2024, the church had lolal income of £653.544. down from £835,902 the prèvious y8ar. Total exp8ndilur8 was £829,905 up from £767.869 in 2023. There was a deficit of income over expenditure for the year of£176,361. Reserves Policy The Iruslees aim to mainlain free reserves in unreslriGled funds al a level which equates lo approximately three months, unreslricled charitable expendilure. Th@ lolal reservès held al the Yearnd were £1.791.846 of which £8,864 were reslricled. The balance hèld as unrèstricted funds at 31 December 2024 was £1,782,982, of which £515.714 are regarded as free reserve5. after allowing for funds invested in tangible fixed assets. Actual three months, unreslricled Charitable expendilvre equates lo £199.887. The current level of reserves is therefore higher than is needed, bul a planned deficit in 2025 will reduce this p0511ion. Fixed Assets The church's investment in fixed assèts al 315t December 2024 was £1,267.268, which was mainly represented by an investment of £1,205,204 in the church's building, 'The King's Cenlre" Designated Funds The unreslricled "Emergency" fund has b8èn set asidè to deal with unexpected èmergency maintenance issues relating to "The King's Cenlre" building. The unreslrided "Training Fund" arose from bequest income sel aside lo support individuals in training for Christian ministry. Restricted Funds The restricted funds lolalling £8.864 are for specific Outreach gifts. Going Concern The Trustees have reviewed the circumstances of King's Church, Chessington and consider adequate resources continue lo be available lo fund the activities for the foreseeable fulure. The Trustees are of the view that the charity is a going concem. The implications for KCC as a going concern are addressed in note 1 (al.
King's Church, Chessington Report - Year ended 31st December 2024 Trustees responsibility Statement The Trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kin9dom Accounting Standards including Financial Reporting Slandard 102.. The Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Praclicel- The law applicable lo charities in England and Wales requires the Iruslees lo prepare financial statements for each financial year, which give a true and fair view of Ihe slate of affairs of the charity and of the income and expenditure of the charity for thal period. In preparing these financial slalements. the trustees are required lo.. select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP make judgements and eslimales that are reasonable and prudent. stale whether applicable UK Accounting Standards have been followed. subject lo any material departures disclosed and explained in the financial slalemenls. prepare the financial slatemenls on the going concem basis unless il is inappropriate to presume that the charity will continue in operation. The Iruslees are responsible for maintaining proper accounting records which disclos8 with reasonable accuracy al any lime the financial posilion of the charity and enable them lo ensure that the financial slalemenls comply with the Charities Act 2011, the Charity IAccounls and Reports) Re9ulalions 2008 and the provisions of the constilulion. Thèy are also responsible for safeguarding the assets of the church and hence taking reasonable steps for the prevention and detection of fraud and other irr8gularilies. Independent Examiners We have appointed JCS Accounlanls Limited for this financial year. Approved by the Trustees on the 19th June 2025 And signed on its behalf Trustee R. W. Robinson
King's Church, Chessington Report - Year ended 31st December 2024 Independent Examiner's Report to the Trustees of King's Church, Chessington I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 December 2024. which are sel out on pages 16 10 27. Responsibilities and basis of report As the charity's Iruslees you are responsible for the preparation of the accounts in accordance with the requirements ol th8 Charities Act 2011 I'lhe Act'l. I report in respect of my examination of Ihe CIO'S accounts as carried ovl under seclion 145 of the Acl and In carrying out my &xarninalion I have lollowad all Ihe applicable Direclions given by the Charity Commission under section 1451Sllbl of tha Act. Independent examiner's statement Since the CIO'$ gross income exceede(1 £250.000 your examiner musl be a member of a body listed in section 145 01 the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a member of Ihe Inslilule of Chartered Accounlanls in England and Wales. which is one of the listed bodie$. I have completed my èxamination. I confimi Ihal no matters havè come lo my attention in connection with the examination giving me cause lo believè thal in any material respect.. aceoynling records wer8 not kepl in respect of the CIO as required by sgclion 130 of the Act., or the 8ccounls do nol accord wtlh Ihoso fecords: or the accounts do not comply wilh the applicabl8 requirements concerning the form and conlenl of accoLJnls 5etout in the Charities (Accounts arKf Report) Regulalions 2008 oiher than any requirement that the accounls give a 'lrue and lair view. which is not a matter considered as part of an independent examination I have no concerns and hav8 come aeross no other rnatlers in connection with the examination to which attention should be drawn in this report in order lo enable a proper underslanL1ing ol ihe accounts lo b8 reached. 5 Robin Hood Lane Mlrlam Hlckson CTA FCA Sutton, Surrey JCS Accountants Limited SM1 2SW Chartered Ac¢ounlanls
King's Church, Chessington Report - Year ended 31 st December 2024 Statement of Financial Activities Total Funds 2024 Total restricted Restricted Funds Funds Funds 2023 reslricled Restricled Funds Funds INCOME AND ENDOWMENTS FROM Donations and legacies (Note 2a) Other Trading Activities INote 2b) Investments- deposit interest 557.156 46.124 18,572 31,692 588.848 745,209 31.664 46,124 38,260 18.572 20,769 776.873 38,260 20,769 Total income and endowments 621.852 31.692 653.544 804.238 31,664 835,902 EXPENDITURE ON Charitable activities (Note 31 Other expenditure - reduclion in value of gifted property 778.355 30,357 808,712 738.901 28,968 767.869 21.193 21.193 Total expenditure 799.548 30.357 829,905 738,901 28,968 767,869 NET EXPENDITURE IINCOME 1177.6961 1,335 (176.361) 65.337 2,696 68.033 Transfers between funds Nel movement in funds 1177.696) 1.335 1176,3611 65,337 2,696 68,033 Funds brought forv4ard 1.960.678 7,529 1,968,207 1.895.341 4,833 1.900,174 TOTAL FUNDS CARRIED FORWARD £1.782.982 £8,864 £1,791,846 £1,960.678 £7,529 £1,968,207 There have been no recognised gains or losses, other Ihan the results for the financial year, and all surpluses and deficits have been ac¢ounled for on an historical cost basis.
King's Church, Chessington Report - Year ended 31 st December 2024 Balance Sheet as at 31 December 2024 2024 2023 FIXED ASSETS Tangible Fixed Assets {Note 51 Investment (Note 61 1.267,268 100 1,269,126 100 1.267.368 1,269,226 CURRENT ASSETS Debtors (Note 71 Cash al bank and in hand 223,509 338.207 249,738 472,439 561.716 722.177 LIABILITIES Credilors-Amounts falling due within one year {Nole 81 37,238 23,196 NET CURRENT ASSETS 524,478 698,981 TOTAL NET ASSETS £1,791,846 £1,968,207 THE FUNDS OF THE CHARITY: Re51ricled income funds INole 91 Unreslricled general fund (Note 101 Unrestricted fund for fixed assets (Note 10) Unreslricled emergency fund INole 101 Unreslricled training fund (Note 101 8.864 360.705 1,267.268 so,000 105.009 7,529 532,362 1,269,126 50,000 109,190 TOTAL CHARITY FUNDS £1.791,846 £1,968.207 Approved by the Trustees and signed on their behalf ..R. W. ROBINSON ..C. BASS 19th June 2025......Dale
King's Church, Chessington Report - Year ended 31 st December 2024 Statement of Cash Flows 2024 2023 CASH FLOWS FROM OPERATING ACTIVITIES: Nel cash provided by (used Inl operating activities {147.0531 {134.9201 CASH FLOWS FROM INVESTING ACTIVITIES: Dividends. interest, furlough grants & rents from inveslrnenls Proceeds from the sale of property, plant and equipment Purchases of property, plant and equipment 64,696 59.029 (51.875) (2,900) NET CASH PROVIDED BY INVESTING ACTIVITIES 12,821 56,129 CASH FLOWS FROM FINANCING ACTIVITIES: Repayment of borrowing Change in cash and cash equivalents in the reporting peric*J {134.2321 {78,7911 Cash and cash equivalenls at the beginning of the reporting period 472.439 551,230 CASH AND CASH EQUIVALENTS AT THE END OF THE REPORTING PERIOD £338,207 £472,439 RECONCILIATION OF NET INCOMEI (EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES. Nel incomellexpendilure) for the reporting period las per Ihe slalemenl of financial activities) 1176,3611 68,033 Adjuslmènls for.. Depreciation charges Dividends, inleresl and rents from inveslmenls Loss on the disposal of fixed assets Ilncreaseydecrease in debtors Increaselldecrease) in credilors Gifted property in kind 53,697 164,696) 36 26.229 14.042 48,383 (59,0291 115.7191 11.5881 (175,0001 NET CASH PROVIDED BYI{USED INI OPERATING ACTIVITIES £1147.053) £{134,9201 ANALYSIS OF CASH AND CASH E UIVALENTS Cash in hand Short term deposits linslant acces51 54,583 283,624 47,639 424,800 £338.207 £472,439
King's Church, Chessington Report - Year ended 31 st December 2024 Notes to the Accounts Accounting Policies The financial slalements have been prepared in accordance with the Charities Slalemenl of Recommended Practice (Charities SORP {FRS10211. Financial Reporting Standard 102 IFRS102). and the Charities Act 2011. They contain information about the church on ils own. and consolidated figures lo include ils trading subsidiary have not been included as the group is loo small to require consolidation. The Church meets the definition of a public benefit entity under FRS102 The financial slalements are drawn up on the historical cost basis of accounting. They are denominated in pounds sterling, rounded lo the nearest pound. The principal accounting policies adopted are sel out below.. lal Going concern Al the lime of approving the financial slalemenls, the Iruslees have a reasonable expectation Ihal the charity has adequate resources lo conlinue in operational existence for the foreseeable future. Thus, the Iruslees continue lo adopt Ihe going concern basis of accounting in preparing the financial slalernenls. Ibl Donatlons and Charitable Grant Income All income is recognised once the charity has enlillemenl to the income. il is probable Ihat the income will be received, and the amount of income receivable can be reliably measured. Charitable granls which have conditions which have not been fulfilled las dislincl from reslriclions on the purpose for which they can be used) are Irealed as liabilities and only recognised as income when the conditions are achieved. Gifts In kind are accounted for at a reasonab18 estimate of their values lo the charily or the amount actually realised. Income received in circumstances where a claim for repayment of tax has been or will be rnade lo HMRC is grossed up for the lax recoverable. Any amount of lax not yet reclaimed from HMRC is shown within the Charity's debtors. Icl Donatlons and Charitabla Grants Expenditura Donations and charitable grants payable are recognised as expenditur& at the earlier of when they are paid and when an outflow of economic benefit is probable. Id) Restricted and Unrestricted Funds Reslricled funds are those received lor use on specified purposes. Expenditure which meets those criteria is allocated lo Ihal fund. Unreslricled funds are those received or generated that can be used for the general purposes of the charity- lel In¢ome and Other Expenditure Interest income is taken into account when receivable and expenditure when incurred by the Charity, regardless of when payment is made.
King's Church, Chessinglon Report - Year ended 31 st December 2024 Depreciation Freehold land is not depreciated. Depciall0n is calculated lo write off the cost. less eslimaled residual values of other tangible fixed assets over their estimated useful lives lo the Charity. The annual deprecialion rates and melhods are as follows:. Equipment Furniture and Fittings Minibus Leasehold buildings 20 10 per annum on written down value 10 /¢ per annum on wrillen down value 20 % per annum on wrillen down value - over 50 years Items costing less than £200 are wrilten off in the year of purchase. No depreciation is provided on freehold buildings. The trustees consider that the residual value is Iherefore 50 high a5 to render any depreciation charge or cumulative depreciation, immaterial. It is Ihe church's policy lo maintain these al least to their current standard and lo charge to the statement of financial aclivilies the cost of maintenance as incurred. Igl Penslon Commitments The charity operates defined contribution arrangements for certain of the staff. Pension contributions are charged as expenditure when paid and are invested separately from the charity's assets. Ihl Debtors Grants r8ceivable and other debtors are induded al the settlement amount due. Prepayments are valued al the amount prepaid. Cash at Bank and In Hand Cash al the bank and in hand includes cash and short temi highly liquid investments with a short malurily of three months or less from the dale of opening of the deposit. Credltors and Provislons Creditors and provisions are recognised where the charity has a present obligation arising from a past event Ihal will probably result in the transfer of funds lo a third party and Ihe amount due lo sellle the obligation can be measured or estimated reliably. Creditors and provisions are recognised al their settlement amount. Ikl Financial Instruments The charity only has financial assets and liabilities of a kind that qualify as basic financial inslrumenls. Basic financial instruments are initially recognised at transaction value and subsequently measured al their settlement value. Investments Inveslmenls have been included at historical cost as Ihey are an unlisted investment for which a fair value is not available.
King's Church, Chessington Report - Year ended 31st December 2024 Income {a) Donations and Legacies Unrestricted Reslricled 2024 2023 Gifts by Gift Aid Gifts for Sweden Fund Tax Refunds Gifts for Outreach Gifted Property Bequests Donated Goods- Foodbank Other Gifts 410.131 410,131 424,456 102.533 102.533 26.270 106,249 25.280 175,000 26,270 (1.0381 {1.0381 5.422 45.530 5,422 6.384 39,504 45.530 £557.156 £31,692 £588,848 £776,873 (b) Othor Trading A¢tSvlties Unreslricled Reslricled 2024 2023 Rental income from treding subsidiary 46,124 Donation from trading subsidiary 46.124 38.260 £46.124 £46.124 £38,260 2024 Charitable Activities Staff Costs Church Life Communications and Media Building and Running Cost$ Local Outreach Training and Discipleship Youth and Family UK and World Mission (Note 141 Donated Goods- Foodbank Miscellaneous Expenses Depreciation of Equipment and Furniture Depreciation of King's Centre Governance Costs (Note 41 442,394 8.772 15,275 115.980 8.351 1,832 7,441 143.187 5,422 2.943 9,583 44.150 3,382 426.111 3,840 7,974 95.947 7,958 5,329 7,964 147,479 6.384 7.465 4,233 44,150 3.035 £808.712 £767,869
King's Church, Chessington Report - Year ended 31st December 2024 2024 2023 R95tricted expenditure included above: Gifts for Outreach Sweden Mission Costs Donated Goods - Foodbank Training and Discipleship (Training Fund) 24.935 22,584 5,422 6,384 £30,357 £28,968 Governance Costs 2024 3.382 2023 3,035 Independent Examination Fees Legal Advice Safeguarding Review £3.382 £3,035 Tangible Fixed Assets Leasehold Land & Buildin Fumilure Fillin ui ment Cost al 1$1 January 2024 Additions Disposals 2.207.454 119,548 51,875 1419) 2,327,002 51,875 14191 Al 31. December 2024 2,207,454 171.004 2,378,458 Depreciation al 1 ¥1 January 2024 Char9e for year 958,100 44,150 99,776 9.547 1,057,876 53,697 Released on Disposal {3831 13831 Ai 31 ¥1 December 2024 1.002.250 108,940 1,111,190 Nel Book Values Al 31. December 2024 £1.205.204 £62,064 £1,267,268 Al 315l December 2023 £1,249,354 £19,772 £1,269,126
King's Church. Chessington Report - Year ended 31 st December 2024 Investment 2024 2023 Shares in trading subsidiary 100 100 £100 £100 The church owns 1000kn (via nominees) of the share capital of K. C. Chessinglon Limited, a cornpany established to manage the various aclivilies undertaken in the church-owned King's Centre Building. The church receives rent from K. C. Chessington Limited for making the building available. Ai 31st December 2024, the nel assets of K. C. Chessinglon Limited amounted to £22,196.11 had gross income for the year of £308,698 and lolal expenditure of £293,369. resulting in a nel profil before lax of £15,329. Debtors 2024 2023 Income Tax Recoverable Othèr Debtors Assets held for re-sale 26,269 39.240 158,000 26,791 47,947 175,000 £223.509 £249,738 Credltors: Amounts Falling Due Within One Year 2024 2023 Social Security and Other Taxes Other Creditors 11.850 25,388 11,736 11,460 £37,238 £23,196 Restricted Funds Balance at 1.1.24 Balance al 31.12.24 Income Ex endilure Transfers Outreach Donated Goods- F¢)odbank 7,529 26,270 5.422 (24,9351 {5,422) 8,864 £7.529 £31,692 £130.357} £8.864
King's Church, Chessington Report - Year ended 31st December 2024 Balance al 1.1_23 Balance a131.12.23 Income Ex endilur Transfers Outreach Donated Goods - Foodbank 4,833 25,280 6.384 122,5841 16,384) 7,529 £4.833 £31.664 £128.968) £7,529 The outreach fund represenls gifts received for specific missionary or Christian outreach causes. The Training Fund is to finance the training of individuals in Christian Ministry. The Mission Sweden Fund is to support Ben and Emelie Clark in planting a church in Gothenburg, Sweden. 10. Unrestricted Funds Transfer Between Balance al 1.1.24 Balance endilure at 31.12.24 Income Ex Oesignaled Fund for Fixed Assets Emergency Fund General Fund Training Fund 1,269,126 50,000 532,362 109,190 {1.858) 1,267,268 50,000 360,705 105,009 1,858 621.852 (795.367) 14.1811 £1,960.678 £- £621,852 £(799,5481 £1,782,982 Transfer Between Fund Balance 811.1.23 Balance 131.12.23 In enditur Dosignaled Fund for Fixed Assets Emergency Fund General Fund Training Fund 1.314,609 (45,483) so.000 419.649 111,083 1,269,126 so,000 532,362 109,190 45.483 804,238 1737,008} {1,8931 £1,895.341 £- £804,238 £1738,9011 £1,960.678
King's Church, Chessington Report - Year ended 31st December 2024 11. Analysis of Net Assets Between Funds Unrestricted Funds Reslricled Funds Total Funds Tangible Fixed Assets Investment Current Assets Creditors- less than one year 1.267,268 100 552.852 (37.2381 1,267,268 100 561,716 137,2381 8,864 Balance at 31$1 December 2024 £1.782.982 £8,864 £1.791,846 Unreslricled Funds Reslricted Funds Total Funds Tangible Fixed Assets Investment Current Assets Creditors - less than onè year 1.269,126 100 714,648 (23,1961 1,269,126 100 722.177 123.1961 7,529 Balance al 31$1 December 2023 £1.960.678 £7,529 £1,968,207 12. Employee Information Staff Costs Comprise.. 2024 2023 Wages and Salaries Social Security Costs Employer's Contribution lo Defined Conlribulion Pension Schemes 367,425 29,811 35,576 352,551 29.794 33.199 £432,812 £415.544 The average number of employees during the year calculaled on the basis of full-time equivalenls was as follows: 2024 2023 Paid Trustees Staff 10 10 The number of employees with emoluments exceeding £60.000 fell wilhin the following bands.. 2024 2023 £60,000- £70,000 £70,000- £80,01)0
King's Church, Chessington Report - Year ended 31st December 2024 13. Related Party Transactions During the year, trustees and persons with a family connection received the following amounts as a result of their employment by the church. The payments were made in accordance with the church conslilulion and include payments, recharged lo the church's trading subsidiaries. 2024 2023 2024 2023 Trustee Famil Member Gross Salary M. Tindall G. Genlry J. Akhursl 70,476 66.585 J. Tindall C. Gentry 8. Akhurst 420 24,578 734 26,361 1.884 Pension M. Tindall G. Gentry 7,047 6.658 J. Tindall C. Gentry 42 2,458 2,636 The lolal remuneration lo key management personnel amounted to £264,32112023 £310,014). During the year, the Trustees were reimbursed a total of £5,151 for expenses incurred on church business12023 £8.0121. Chessin lon Ltd subsidi During the year, the church received rent lolalling £46.124 {2023'. £38,260) from K.C Chessingion Ltd. There was also a balance of £8.016 due to the company12023.' £2,241 due from the company) al the year end.
King's Church, Chessington Report - Year ended 31 st December 2024 14. Missionary and Outreach Support 2024 2023 Grants were made lo the following organisalions during the year.. UK 8nd World Mission Caring For Life (Christian Social Support) Essex Gospel Partnership FIEC (Evangelical Church Nelwork) Friends of Mandrilsara Trust (Good News Hospital - Madagascar) Hope for Children - Latvia (Support for Disadvantaged Children) Hope Health Action- Haiti (Medical Reliefj Insight IRBK Christian Schools Worker Trust} Leylon Community Church (Blackpooll London City Mission Ichristian Outreach) Mission Sweden (Church Plant in Golhenburgl OMF - Other Isupport for Missionaries) Peak Trinity Church (Bakewell. Oerbyshire) Release International (Support for Persecuted Christians} Sharing Lives (Community Support and Befriending) Short-lemi Mission slockw8118aplisl Church Through the Roollwheels for the World Ilnlemalional Disabilily Support) Training Grants to Individuals UCCF Iuniversily Christian Outreach) UFM - Arab Focus Media Vereinigle Deulsch Missionshilfe E.V. Isupport for Missionaries) 6,041 5,000 9,662 6,582 5,729 5,199 7,500 12.079 6.093 5.199 2,000 12,000 5,000 3,300 50,316 4,400 3,000 9,093 1,000 12,000 5,000 3,300 50,408 2,200 3,000 1.000 1.500 10.000 9.883 4,182 1.100 3.300 3,300 10,000 3,600 1,100 3.300 3,300 £143.187 £147,479 2024 2023 Outr88ch - from Reslricled Funds (included wilhin an81ysis al)ove) Caring for Life Friends of Mandrilsara Trust Hope Health Action - Haili Hope for Children {Lalvia} London City Mission Mission Sweden Mission Wilhoul Borders Release Inlernalional Through the Rooflwheels for the World 6,041 6,582 5,199 6,093 5,729 5,199 6,093 6,583 £24,935 £22,584