Trinity Church York
Trustees' Annual Report and Financial Statements
for the year ended
31 May 2024
Trinity Church York
Trustees' Annual Report and Financial Statements
For the year ended 31 May 2024
| Index | ||
|---|---|---|
| Page(s) | ||
| Trustees' Annual Report | 3 - 8 | |
| Statement of Financial Activities | 9 | |
| Balance Sheet | 10 | |
| Notes to the Financial Statements | 11 - 19 | |
| Independent Examiner's Report | 20 |
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Trustees’ Annual Report
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For the year ended 31[st] May 2024
Introduction
The Trustees (whose details are shown in the reference and administrative section of this report) are pleased to present their Annual Report together with the Financial Statements of Trinity Church York for the year ended 31[st] May 2024.
The Financial Statements comply with the Charities Act 2011, the Constitution dated 13[th] April 2020 and revised 11th April 2024, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1[st] January 2019).
Trinity Church York is a Public Benefit Entity.
Reference and administrative details
| Charity Name | Trinity Church York |
|---|---|
| Registered Charity Number | 1191869 |
| Address | Trinity Church York |
| St Anthony’s Hall | |
| Peasholme Green | |
| York | |
| YO1 7PW | |
| contact@trinitychurchyork.org.uk | |
| Website | www.trinitychurchyork.org.uk |
| Trustees | Matthew Roberts (elder) |
| Roland Kettle (elder) | |
| Simon Foster (elder) | |
| Adam Wilson (elder) | |
| Stuart Thomas | |
| Tim Toase (deacon, until 13thNovember 2023) | |
| Jamie Smith (deacon, from 13thNovember 2023) | |
| Jonathan Cook (from 6thJune 2022 until 11th | |
| September 2023) | |
| Simon Jackson (from 11thSeptember 2023) |
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Banks HSBC (current account and reserve account) 13 Parliament Street York YO1 8RS Barclays (until January 2024, deacons’ account) 1-3 Parliament Street York YO1 8SE Independent Examiner Robert Woolley R W Woolley Limited 35 Eastfield Lane Dunnington York YO19 5ND
Structure, governance and management
Trinity Church York is a congregation of The International Presbyterian Church (IPC), and is a member of the First IPC Presbytery of England. It was constituted by a charitable trust deed dated 12[th] November 2010, and was subsequently registered with the Charity Commission as a Charitable Incorporated Organisation (CIO) on 19[th] October 2020, governed by a constitution dated 13[th] April 2020, which was revised on 11th April 2024. The preceding bare trust, registered charity number 1141747, was removed from the charity register on 21[st] April 2023, the assets having been transferred to the CIO (registered charity number 1191869).
The Trustees have overall responsibility for the activities of the Trust. New elder trustees are appointed effective from their date of ordination, installation or licencing to this church by the presbytery. Charity trustees who are not Elders may be appointed by a resolution passed at a properly convened meeting of the charity trustees, provided that such appointment does not result in such non-elder trustees constituting 50% or more of the trustees. During the year, Jonathan Cook resigned as a trustee on 11th September 2023, and was replaced by Simon Jackson as trustee and treasurer. Jamie Smith replaced Tim Toase as the trustee representing the deacons on 13th November 2023.
The Trustees met every two months during the reporting period, to monitor progress of the church and plan for the future. The Treasurer reported to the congregation at the Annual General Meeting held on 24th October 2023.
During the year, Matthew Roberts was employed full time as Minister of Trinity Church York. Adam Wilson was employed full time as Minister of Christ Presbyterian Church Pocklington. Vanessa Simmons was employed as Operations Manager for 2 days a week.
Robert Gooch, Robert Rampley, Timothy Toase, Jamie Smith, Eduardo Castro and Andrew Durant served as deacons. Tim Toase stopped serving as a deacon in April 2023. Jamie Smith and Eduardo Castro were ordained as deacons on 12th November 2023. Deacons have responsibility to help meet the material needs of those within the church and those the church comes into contact with. The office of deacon is a voluntary position.
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Purposes and activities
The purpose of the Church is the advancement of the Christian religion, in accordance with the doctrinal standards of the IPC, primarily but not exclusively within York and the surrounding area. Secondly, to relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby, and such other charitable purposes as shall, in the opinion of the elders, further the work of the Church.
To this end we hold regular worship services on Sunday mornings that are open to the public, in which we offer prayer and praise to the Triune God and listen to him speak to us, as the Bible is preached and the sacraments are celebrated. This is our main weekly event and the principal means by which we bring and offer the good news of Jesus Christ and his gospel to the world. We actively work to make these services clear and intelligible to people who are unfamiliar with Christianity. We baptise those who confess faith in Jesus Christ and their children, and share the Lord’s Supper with baptised Christian believers.
The church gathered for worship each week throughout the reporting period. The church complied with all its legal obligations.
The activities outside of Sunday worship continued. The elders of the church continued to provide pastoral support to the congregation and others in the community.
We regularly pray for the work of the church in other parts of the country and world. Our regular donation to the First IPC Presbytery of England funds was made as planned.
The deacons have been involved in finding housing, assisting house moves, assisting with transport, delivering Christmas hampers to needy families, and distributing food and financial support to members of the church and others in need of help.
Volunteers play a substantial role in the life of the church alongside the church officers and staff, supporting the full range of objectives and activities including leading Sunday School lessons, organising music for the services, leading small group Bible studies, providing hospitality and running the Trinity Tots group, amongst many more examples.
The church continued to enjoy a lease on the first floor of St. Anthony’s Hall, a mediaeval guildhall in York, to use as a base for all our church activities, including our worship services.
The Trustees are aware of their duty, set out in section 4 of the Charities Act 2011, to have due regard to the public benefit guidance published by the Charity Commission. They therefore ensure that the church’s activities are in line with its purposes as stated in paragraph 1 of this section. By advancing the Christian religion, we teach people the high ethical standards of Jesus Christ and the enormous benefits to themselves, their friends and family, and society as a whole, which flow from them. There have been tangible benefits in personal and family relationships as a consequence of the application of Christian teaching. We also see helping those in material need as an important Christian duty, and our deacons help us accomplish this more effectively.
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Christ Presbyterian Church Pocklington
The main service continued in the morning, with a church fellowship meeting taking the format of an all age Sunday school on Sunday afternoons. The fortnightly small group, prayer meeting and pastoral work continued, led by the Minister Adam Wilson. Several events were held in addition to the normal activities of the church. Adam regularly took school assemblies and RE lessons in the local infant school. The church continues to meet in Burnby Hall.
It is intended that a separate CIO will be set up for Christ Presbyterian Church Pocklington in 2025.
Achievements and performance - Trinity Church York
During the year 15 adults became members of the church, 5 of those were through baptism. We also baptised 2 children of church members. There were 91 adult members on 31[st] May 2024.
4 marriages were solemnized in St. Anthony’s Hall.
The average Sunday morning attendance from June 2023 to May 2024 was 126 people. However, data was not recorded for three months of this year. Attendance data was not recorded for the evening service.
Achievements and performance - Christ Presbyterian Church Pocklington
During the year 5 adults became members of the church, none of those were through baptism. We also baptised 1 child of church members. There were 31 adult members on 31[st] May 2024.
No marriages were solemnized in CPCP.
The average Sunday morning attendance from June 2023 to May 2024 was 35 people. The average attendance at Five O’Clock Fellowship was 23 people.
Future plans
The church has continued its commitment to advancement of the Christian religion to the glory of God. The future plans of the church remain the same as ever: in God’s grace and under his sovereignty, to continue to preach the word of God faithfully, to pray continually that his will would be done and to seek his kingdom.
It is intended to create a new CIO for Christ Presbyterian Church Pocklington in 2025, and then to separate the two churches into the two CIOs.
Financial Review
The accounts show a surplus of income over expenditure of over £69,000. The largest contribution to this surplus was the funds raised for Christ Presbyterian Church Pocklington, not all of which have been spent this year, establishing some reserves for CPCP.
Income for the year on all funds amounted to £336,926 (2023 - £249,859), and expenditure for the year on all funds amounted to £267,280 (2023 - £183,619) resulting in an overall
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surplus of £69,646 (2023 - £66,240). As in 2022-2023, income for Christ Presbyterian Church Pocklington far exceeded expenditure.
During the year, the final part of the historic pension backlog was cleared, greatly reducing the liabilities position compared to previous years.
Reserves policy
At the financial year end the church held unrestricted general funds amounting to £66,394 (2023 - £55,411), and restricted funds amounting to £132,617 (2023 - £76,454).
An unrestricted designated fund was created during the year for support of the Saviourgate Study Centre, which provides a place to meet and study, and a lecture programme. The balance of this fund at the financial year end was £2,500.
Our policy is to hold reserves to the average value of three months routine operating costs. Funds across the charity are sufficient to meet this requirement. The Trinity Church York general fund has reserves to cover its routine venue and staff costs. The restricted Christ Presbyterian Church Pocklington fund has sufficient reserves to cover its own routine costs without recourse to the Trinity Church York general fund reserves.
Fundraising
The charity has not employed any professional fundraisers or commercial participators during the year. No complaints have been received on the subject of fundraising practice. The charity did not monitor the fundraising activities of any person acting on its behalf, since no need was identified to do so. The fundraising approach of the church is that giving back to God from the abundance that He has given to us is a voluntary act as God moves each person to do so, and this is regularly reinforced when the topic of financial giving is discussed in the church. The trustees are satisfied that no undue pressure has been put on any person to give money or other property, nor has there been any unreasonable intrusion on any person’s privacy, nor unreasonable persistence.
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Declaration
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees
| Signature | |
|---|---|
| Full name | Roland Kettle |
| Position | Chair of Trustees |
| Date | 22/03/2025 |
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Trinity Church York Statement of Financial Activities For the year ended 31 May 2024
| Note Income and endowments from: Donations and legacies 2(a) Other trading activities 2(b) Investments 2(c) Total income Expenditure on: Charitable activities 3(a) Total expenditure Net income/(expenditure) before gains and losses on investments Net gains/(losses) on investments 6 Net income/(expenditure) Transfers between funds Net movement in Funds Reconciliation of funds: Fund balances brought forward at 1 June 2023 Fund balances carried forward at 31 May 2024 |
Restricted General Designated Funds 2024 2023 £ £ £ £ £ 146,518 2,531 176,384 325,433 243,262 8,878 - - 8,878 6,043 2,615 - - 2,615 554 Total Funds Unrestricted Funds |
|---|---|
| 158,011 2,531 176,384 336,926 249,859 |
|
| 147,028 31 120,221 267,280 183,619 |
|
| 147,028 31 120,221 267,280 183,619 |
|
| 10,983 2,500 56,163 69,646 66,240 - - - - - |
|
| 10,983 2,500 56,163 69,646 66,240 - - - - - 10,983 2,500 56,163 69,646 66,240 |
|
| 55,411 - 76,454 131,865 65,625 |
|
| 66,394 £ 2,500 £ 132,617 £ 201,511 £ 131,865 £ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
The notes on pages 11 to 19 form part of these financial statements.
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Trinity Church York
Balance Sheet as at 31 May 2024
| Unrestricted Funds | Unrestricted Funds | Unrestricted Funds | Restricted | Restricted | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| General | Designated | Funds | Total | ||||||||
| 2024 | 2023 | ||||||||||
| Note | £ | £ | £ | £ | £ | ||||||
| Fixed Assets | |||||||||||
| Tangible fixed assets | 5 | - | - | - | - | - | |||||
| Investments | 6 | - | - | - | - | - | |||||
| - | - | - | - | - | |||||||
| Current Assets | |||||||||||
| Debtors | 7 | 14,954 | 125 | 4,993 | 20,072 | 4,858 | |||||
| Cash at bank and in hand | 55,321 | 2,375 | 128,561 | 186,257 | 149,616 | ||||||
| Total Current Assets | 70,275 | 2,500 | 133,554 | 206,329 | 154,474 | ||||||
| Current Liabilities | |||||||||||
| Creditors: amounts falling due | |||||||||||
| within one year | 8 | 3,881 | - | 937 | 4,818 | 22,609 | |||||
| Total Current Labilities | 3,881 | - | 937 | 4,818 | 22,609 | ||||||
| Net Current Assets | 66,394 | 2,500 | 132,617 | 201,511 | 131,865 | ||||||
| Total assets less current | |||||||||||
| liabilities | 66,394 | 2,500 | 132,617 | 201,511 | 131,865 | ||||||
| Non-Current Liabilities | |||||||||||
| Creditors: falling due after more | than | ||||||||||
| one year | 9 | - | - | - | - | - | |||||
| Total Non-Current Liabilities | - | - | - | - | - | ||||||
| Total Net Assets | £ | 66,394 |
£ | 2,500 |
£ | 132,617 |
£ | 201,511 |
£ | 131,865 |
|
| Church Funds | |||||||||||
| Unrestricted General Funds | 66,394 | - | - | 66,394 | 55,411 | ||||||
| Unrestricted Designated Funds | 10 | - | 2,500 | - | 2,500 | - | |||||
| Restricted Funds | 10 | - | - | 132,617 | 132,617 | 76,454 | |||||
| Total Church Funds | £ | 66,394 |
£ | 2,500 |
£ | 132,617 |
£ | 201,511 |
£ | 131,865 |
Approved by the Trustees on 22 March 2025 and signed on the board's behalf by:
Roland Kettle Simon Jackson Chair Treasurer
The notes on pages 11 to 19 form part of these financial statements.
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Trinity Church York
Notes to the Financial Statements - 31 May 2024
1. Accounting Policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
a) Legal Entity
Trinity Church York is regulated by the Charity Commission for England and Wales (1191869) and is Charitable Incorporated Organisation (CIO). The registered address and address of the principle place of operation is St Anthony's Hall, Peasholme Green, York, YO1 7PW.
b) Basis of Preparation
The financial statements have been prepared in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the relevant version of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements include all transactions, assets and liabilities for which the church is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
Trinity Church York is a public benefit entity.
c) Fund Accounting
Unrestricted Funds are income funds which are to be spent on the church’s general purposes.
Designated funds are general funds set aside by the church for use in the future. Project funds are designated for particular projects for administration purposes only. Funds designated as invested in fixed assets for the church’s own use are abated in line with those assets’ annual depreciation charges in the SOFA, where applicable. Designated funds remain unrestricted and the church will move any surplus to other general funds.
Restricted Funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor, and (b) revenue donations or grants for a specific church activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis, where applicable.
Endowment Funds are funds, the capital of which must be retained either permanently or at the church’s discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.
d) Income recognition
All income is recognised once the church has entitlement to the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably.
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the income to which they relate is received. Grants and legacies are accounted for when the church is legally entitled to the amounts due.
Dividends and interest are accounted for when receivable. All other income is recognised when it is receivable. Amounts received specifically for mission are dealt with as restricted funds. All income is accounted for gross.
e) Expenditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the church to that expenditure, it is probable that settlement will be required and the amount of obligation can be measured reliably.
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the church. All other expenditure is generally recognised when it is incurred and is accounted for gross.
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Trinity Church York
Notes to the Financial Statements - 31 May 2024 (continued)
1. Accounting Policies (continued)
f) Fixed assets
Equipment used within the church premises is depreciated on a straight-line basis over 4 years, and furniture over 5 years. Individual items of equipment and furniture with a purchase price of £2,000 or less are generally written off when the asset is acquired.
g) Investments
Investments are stated at market value at the balance sheet date. The Statement of Financial Activities includes the net gains and losses arising on revaluation at the year end and disposals throughout the year.
h) Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items.
i) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
j) Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
k) Creditors and provisions
Creditors and provisions are recognised where the church has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
l) Financial instruments
The church only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
m) Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against income on a straight-line basis over the period of the lease.
n) Irrecoverable Value Added Tax
The church is not registered for Value Added Tax (VAT) and accordingly expenditure is shown gross of irrecoverable VAT.
o) Going Concern
The financial statements have been prepared on a going concern basis. This assertion is supported by budgets and forecasts prepared for the church. The trustees, having considered the foregoing and having made due enquiries, continue to adopt the going concern basis in preparing the financial statements which assumes that the church will continue in operation for the foreseeable future.
p) Taxation
The church is exempt from taxation on its income and gains under sections 521 to 536 of the Income Tax Act 2007 (ITA 2007) and section 256 of the Taxation of Capital Gains Tax Act 1992 (TCGA 1992) respectively.
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Trinity Church York
Notes to the Financial Statements - 31 May 2024 (continued)
| 2. Income and Endowments 2(a) Donations and legacies Bank Regular Giving Bank One-off Giving GoCardless Churchsuite Giving CAF and Stewardship Stripe Churchsuite Giving Sunday Service Giving External Church Giving External Individual One-off Giving External Individual Regular Giving External CAF and Stewardship External Stripe Churchsuite Giving External Support for Rev A Wilson Trust Funds One-off Giving Presbytery Funding Tax Recoverable on Gifts |
Restricted General Designated Funds 2024 2023 £ £ £ £ £ 77,239 - 18,328 95,567 84,387 400 100 - 500 595 2,556 196 1,956 4,708 4,609 6,150 - 200 6,350 8,340 10,055 604 1,927 12,586 12,681 17,180 - 4,427 21,607 15,794 - 98 - 98 8,744 1,580 1,110 1,600 4,290 6,595 1,930 98 877 2,905 1,960 4,821 200 74,974 79,995 2,154 100 - - 100 1,645 - - 86 86 3,295 700 - - 700 27,758 - - 64,061 64,061 39,000 23,807 125 7,948 31,880 25,705 Total Funds Unrestricted Funds |
|---|---|
| 146,518 2,531 176,384 325,433 243,262 |
In 2022-2023, donations income included £104,666 relating to restricted funds, £0 to unrestricted designated funds. The balance related to unrestricted general funds.
| 2(b) Income from other trading activities | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Venue lettings | 1,365 | - | - | 1,365 | 900 | |||||
| Events | 7,028 | - | - | 7,028 | 4,553 | |||||
| Bookstall | 485 | - | - | 485 | 590 | |||||
| 8,878 | - | - | 8,878 | 6,043 | ||||||
| In 2022-2023, all income from other trading activities | related to unrestricted | general | funds. | |||||||
| 2(c) Investment income | ||||||||||
| Deposit and other interest | 2,615 | - | - | 2,615 | 554 | |||||
| 2,615 | - | - | 2,615 | 554 | ||||||
| In 2022-2023, all investment income related to unrestricted general | funds. | |||||||||
| Total Income | £ | 158,011 |
£ | 2,531 |
£ | 176,384 |
£ | 336,926 |
£ | 249,859 |
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Trinity Church York
Notes to the Financial Statements - 31 May 2024 (continued)
| Unrestricted | Funds | Restricted | Total | Funds | |
|---|---|---|---|---|---|
| General |
Designated | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | £ | |
| 3. Analysis of Expenditure | |||||
| 3(a) Charitable activities | |||||
| Staff Salary/Stipend | 41,209 | - | 67,055 | 108,264 | 65,058 |
| Employers NI | 1,246 | - | 2,034 | 3,280 | 574 |
| Pension Contributions | 4,847 | - | 6,289 | 11,136 | 9,117 |
| Payroll cost | 487 | - | - | 487 | - |
| Ministers' Housing | 17,822 | - | 21,176 | 38,998 | 31,538 |
| Church Services-Ministry | 896 | - | - | 896 | 880 |
| Church Services-Ministry CPCP | - | - | 266 | 266 | 527 |
| Church Administration | 1,255 | - | 101 | 1,356 | 1,430 |
| Ministry Students | 248 | - | - | 248 | 343 |
| Ministry Women | 36 | - | 15 | 51 | 110 |
| Ministry Children | 395 | - | 94 | 489 | 143 |
| Ministry Study Centre | 303 | - | - | 303 | 876 |
| On-line System Charges | 1,218 | - | 177 | 1,395 | 865 |
| Bank Charges | 192 | - | 150 | 342 | 141 |
| Accountancy Fees: Independent Examination | 400 | - | - | 400 | 200 |
| Accountancy Fees: Other Advice | 350 | - | - | 350 | - |
| Venue Hire | 17,951 | - | 6,419 | 24,370 | 22,385 |
| Venue costs Quilter Guild | - | - | - | - | (475) |
| Venue costs YCT | 4,447 | - | - | 4,447 | 4,462 |
| Venue Sundry Purchases | 361 | - | 112 | 473 | 64 |
| Venue Cleaning | 3,616 | - | - | 3,616 | 1,743 |
| Cleaning/Waste/Other | 1,751 | - | - | 1,751 | 1,412 |
| Electricity | 12,277 | - | - | 12,277 | 4,637 |
| Water Rates | 355 | - | - | 355 | 106 |
| Venue Equipment | 819 | - | 81 | 900 | 1,454 |
| Venue Miscellaneous | 4,036 | - | - | 4,036 | 245 |
| Insurance Building and Contents | 3,721 | - | - | 3,721 | 5,541 |
| Safeguarding Costs | 495 | - | - | 495 | 265 |
| Broadband/Telephone | 386 | - | - | 386 | 454 |
| Publicity | 606 | - | 268 | 874 | 1,194 |
| Staff Travel and Subsistence | 879 | - | 1,571 | 2,450 | 3,288 |
| Conference and Training Costs | 306 | - | 90 | 396 | 436 |
| Food | 29 | 31 | 150 | 210 | 68 |
| Refreshments and Kitchen Costs | 1,243 | - | 302 | 1,545 | 467 |
| Entertaining | 475 | - | 137 | 612 | 671 |
| Books-Staff | 195 | - | 173 | 368 | 333 |
| IPC Contribution | 11,757 | - | 1,390 | 13,147 | 9,172 |
| Gift Aid (claimed on gifts other charities) | - | - | - | - | 94 |
| Deacons Gifts Individuals - Internal | - | - | 9,145 | 9,145 | 551 |
| Deacons Gifts to Organisations | - | - | 2,000 | 2,000 | 250 |
| Deacons Gifts to Individuals - External | - | - | - | - | 2,096 |
| Deacons Practical Work Costs | - | - | 405 | 405 | 2,233 |
| Gifts to Individuals | 521 | - | - | 521 | 859 |
| Events Keystone | 765 | - | - | 765 | 1,299 |
| Events CFP | 1,198 | - | - | 1,198 | 1,495 |
| Events Spring Getaway | 4,504 | - | - | 4,504 | 1,605 |
| Events Summer Camp | 29 | - | - | 29 | 922 |
| Events CPCP Holiday Club | - | - | 9 | 9 | - |
| Events All | 543 | - | - | 543 | - |
| Bookstall | 1,231 | - | 221 | 1,452 | 153 |
| Photocopier | 1,628 | - | 391 | 2,019 | 2,338 |
| 147,028 | 31 | 120,221 | 267,280 | 183,619 |
In 2022-2023, charitable activities expenditure included £61,493 relating to restricted funds, £0 relating to unrestricted designated funds. The balance related to unrestricted general funds.
Total expenditure £ 147,028 £ 31 £ 120,221 £ 267,280 £ 183,619
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Trinity Church York
Notes to the Financial Statements - 31 May 2024 (continued)
4. Staff Costs, Trustee Remuneration and Related Party Transactions
| 4. Staff Costs, Trustee Remuneration and Related Party Transactions | |
|---|---|
| 4(a) Staff Costs Wages, salaries and honoraria Employer's NI Pension contributions |
2024 2023 £ £ 108,264 65,058 3,280 574 11,136 9,117 |
| 122,680 £ 74,749 £ |
During the year the church employed two Ministers, two trainee Ministers (from July 2023) and a part-time Operations Manager. Together these individuals equate to 4.4 full time employees (2022-2023 - 2.4 full time employees).
The key management personnel of the church comprise the trustees only, which includes the two Ministers. The total employee benefits of the key management personnel were £65,996 (2022-2023 - £62,455).
No employee received emoluments in excess of £60,000 (2022-2023 - None)
4(b) Trustees' remuneration and related party transactions
Two trustees were paid a salary and pension for their ministerial work; this remuneration is approved under the provisions of the church's constitution. During 2023-2024 the amounts paid to Matthew Roberts totalled £33,306 (2022-2023 - £32,411) and amounts paid to Adam Wilson totalled £32,689 (2022-2023 - £29,440).
No payments or expenses were paid to any trustee in their capacity as acting as trustees. No other payments were made to trustees or persons closely connected to them nor to related parties.
During 2023-2024 a total of £19,115 was donated to the church by the trustees (2022-2023 - £21,563).
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Trinity Church York
Notes to the Financial Statements - 31 May 2024 (continued)
5. Tangible Fixed Assets
The church holds no tangible fixed assets. The value of any items of furniture and equipment owned by the church is currently below the threshold of materiality set by the trustees in the finance accounting policy.
6. Investments
The church held no investments at the start of or at any point during 2023-24, or the preceding year.
7. Debtors
| 7. Debtors | |
|---|---|
| Tax recoverable Prepayments and accrued interest |
2024 2023 £ £ 17,844 503 2,228 4,355 |
| 20,072 £ 4,858 £ |
Included in debtors is an amount of £4,993 (2022-2023 - £55) relating to restricted funds and £125 (2022-2023 - £0) relating to unrestricted designated funds.
8. Creditors: Amounts falling due within one year
| 8. Creditors: Amounts falling due within one year | |
|---|---|
| Pension contributions outstanding HMRC - NI, Income tax, Student loan Other accruals - accounts payable |
2024 2023 £ £ 774 18,365 - 1,856 4,044 2,388 |
| 4,818 £ 22,609 £ |
Included in creditors falling due within one year is an amount of £937 (2022-2023 - £2,255) relating to restricted funds and £0 (20222023 - £0) relating to unrestricted designated funds.
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Trinity Church York
Notes to the Financial Statements - 31 May 2024 (continued)
9. Creditors: Amounts falling due after one year
The church had no creditors for amounts falling due after more than one year at 31 May 2024, or at 31 May 2023.
10. Designated Funds and Restricted Funds
The designated funds are represented by funds raised and grants received for designated purposes as detailed below. The church did not operate any designated funds in the 2022-23 year.
| Balance | Transfers & | Balance | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 01/06/2023 | Income | (Expenditure) | Gains/(Losses) | 31/05/2024 | ||||||
| Saviourgate Fund | £ | - |
£ | 2,531 |
£ (31) | £ | - |
£ | 2,500 |
The Saviourgate Fund is used to support the costs of a Christian study centre and lecture programme.
The restricted funds are represented by funds raised and grants received for restricted purposes as detailed below.
| Deacons' Fund CPCP Fund CPCP Deacons' Fund Trainee Minister Fund Rowett Fund |
Balance Transfers & Balance 01/06/2023 Income (Expenditure) Gains/(Losses) 31/05/2024 16,620 4,687 (11,551) - 9,756 18,489 138,064 (66,879) - 89,674 - 1,250 - - 1,250 37,742 12,000 (20,397) - 29,345 3,603 20,383 (21,394) - 2,592 |
|---|---|
| 76,454 £ 176,384 £ £ (120,221) - £ 132,617 £ |
The Deacons' Fund is used to help people in need, both within and outside the church, practically or financially.
The CPCP Fund is used to support the costs of the church established in Pocklington ('Christ Presbyterian Church Pocklington') which is a separate ministry of Trinity Church York.
The CPCP Deacons' Fund is used to help people in need, both within and outside the church in Pocklington, practically or financially.
The Trainee Minister Fund is used in support of employment and other costs associated with two trainee ministers who started in July 2023, with some funds being raised in advance in the 2022-2023 financial year.
The Rowett Fund is used to meet part of the employment costs of Mr E Rowett, one of the two trainee ministers. It holds funds raised by Mr Rowett's individual supporters specifically for his employment costs.
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Trinity Church York
Notes to the Financial Statements - 31 May 2024 (continued)
11. Analysis of Net Assets by Fund
Current Year
| Current Year | |
|---|---|
| Tangible fixed assets Investment fixed assets Current assets Creditors Amounts falling due within one year Amounts falling due after one year |
General Funds Designated Funds Restricted Funds Total 31 May 2024 £ £ £ £ - - - - - - - - 70,275 2,500 133,554 206,329 (3,881) - (937) (4,818) - - - - Unrestricted Funds |
| £ 66,394 £ 2,500 £ 132,617 £ 201,511 |
Comparative Year
| Comparative Year | |
|---|---|
| Tangible fixed assets Investment fixed assets Current assets Creditors Amounts falling due within one year Amounts falling due after one year |
General Funds Designated Funds Restricted Funds Total 31 May 2023 £ £ £ £ - - - - - - - - 75,765 - 78,709 154,474 (20,354) - (2,255) (22,609) - - - - Unrestricted Funds |
| 55,411 £ - £ 76,454 £ 131,865 £ |
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Trinity Church York
Notes to the Financial Statements - 31 May 2024 (continued)
12. Comparative Statement of Financial Activities - 31 May 2023
This is the first year that a comparative SOFA has been produced for the previous year, 2022-2023 was the charity's first financial year that was subject to accruals accounting.
| Note Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Total income Expenditure on: Raising funds Charitable activities Other trading activities Total expenditure Net income/(expenditure) before gains and losses on investments Net gains/(losses) on investments Net income/(expenditure) Transfers between funds Net movement in Funds Reconciliation of funds: Fund balances brought forward at 1 June 2022 Fund balances carried forward at 31 May 2023 |
Restricted Total General Designated Funds Funds 2023 £ £ £ £ 138,596 - 104,666 243,262 - - - - 6,043 - - 6,043 554 - - 554 Unrestricted Funds |
|---|---|
| 145,193 - 104,666 249,859 |
|
| - - - - 122,126 - 61,493 183,619 - - - - |
|
| 122,126 - 61,493 183,619 |
|
| 23,067 - 43,173 66,240 - - - - |
|
| 23,067 - 43,173 66,240 (21,202) - 21,202 - . |
|
| 1,865 - 64,375 66,240 |
|
| 53,546 - 12,079 65,625 |
|
| 55,411 £ - £ 76,454 £ 131,865 £ |
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Trinity Church York Trustees’ Annual Report and Financial Statements for the year ended 31 May 2024
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF TRINITY CHURCH YORK
I report to the trustees on my examination of the financial statements of Trinity Church York (“the charity”) for the year ended 31 May 2024.
This report is made solely to the charity’s trustees, as a body, in accordance with section 154 of the Charities Act 2011. My independent examiner’s work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body for my independent examiner’s work, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the charity trustees of Trinity Church York, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a qualified member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the financial statements do not accord with the accounting records.
-
the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached.
Robert W Woolley BA(Hons), BFP, FCA, DChA R W Woolley Limited 35 Eastfield Lane Dunnington YORK YO19 5ND
24 March 2025
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