Docusign Envelope ID: 7A110DC6-3D20-4DA1-BE87-64AC93B706D4
**CASTLEFIELDS CHURCH (CIO) ACCOUNTS AND ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025**
## **CHARITY NO: 1192197**
**Cound & Co LLP Chartered Accountants 1 Princes Court Royal Way Loughborough Leics LE11 5XR**
**Tel: 01509 214163**
Docusign Envelope ID: 7A110DC6-3D20-4DA1-BE87-64AC93B706D4
## **CASTLEFIELDS CHURCH (CIO)**
**FOR THE YEAR ENDED 31 MARCH 2025**
|Contents|Page|
|---|---|
|Report of the Trustees|1-2|
|Independent Examiner’s Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6-8|
Docusign Envelope ID: 7A110DC6-3D20-4DA1-BE87-64AC93B706D4
**- 1 -**
## **CASTLEFIELDS CHURCH (CIO)**
## **FOR THE YEAR ENDED 31 MARCH 2025**
The trustees are pleased to present their report together with the financial statements of the charity for the year ended 31 March 2025.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**CHARITY NAME** Castlefields Church (CIO) **CHARITY NUMBER** 1192197 **PRINCIPAL OFFICE** Traffic Street Derby DE1 2NL
The trustees serving during this period were also the Elders of the Church, namely:
David Fielding (Chair) Lee David Rowcroft (Church Treasurer) David James Sherwood Richard Paul Carvell Peter Fry
At the end of the year the church membership was a total of 60.
**INDEPENDENT EXAMINERS** Cound & Co LLP 1 Princes Court Royal Way Loughborough Leics LE11 5XR
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Charity is constituted under a deed of declaration dated 5 November 2020. It is currently governed by 5 Trustees who meet together four times per year formally and at other times as required. They sign off the budget and the annual accounts and annual return. They receive a quarterly summary of the finances for review and two of the Trustees meet bi-annually to review the finances and have the opportunity to ask questions and ensure everything is running in accordance with the Trust. The Trustees ensure that all insurances are in place and that appropriate Health and Safety and Employment procedures are used that are compliant with legislation.
## **ACHIEVEMENTS AND PERFORMANCE**
This has been our third full year as operating as a CIO. Minuted Trustees’ meetings have taken place on 11/06/24, 06/08/24, 22/10/24, 09/12/24, 10/01/25 and 11/03/25. These meetings have been supplemented by additional meetings reflecting actions in our pastoral role as Elders. Further meetings on more practical matters have been held with the Church Deacons. Members meetings have been held on 01/07/24, 09/09/24, 07/10/24, 20/01/25 and 17/03/25. Minutes of all of these meetings are recorded separately.
Church/Charity Policies were reviewed in the year and, apart from the draft “Website & Facebook” Policy, are now all in place. An adequate means of storage & access of the electronic copies of these policies is still yet to be implemented, but hard copies are available for reference. The Safeguarding Policy can be viewed specifically on the church website.
The most significant matter recorded during the financial year was the decision to convey to the Church Membership a unanimous conclusion of the Elders/Trustees, and the Deacons, that the present premises does not meet the requirements of an agreed set of parameters drawn up to represent a suitable premises for the futures operation and growth of the
Docusign Envelope ID: 7A110DC6-3D20-4DA1-BE87-64AC93B706D4
**- 2 -**
## **CASTLEFIELDS CHURCH (CIO)**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **ACHIEVEMENTS AND PERFORMANCE (Cont’d)**
Charity/Church. This was duly explained to the Church Members on 17/03/25. No vote was taken at that meeting but questions were encouraged and noted. No significant objections were voiced. From hereon therefore, efforts to find an alternative site will be the focus of the Deacons, using the parameters drawn up. No further exploration of the option to rebuild on the present site will be undertaken.
The significant fund dedicated to the matter of a new premises therefore remains in place and this is recorded in the year end accounts. At this stage no decision has been made regarding the future use or sale of the present building in Traffic Street. This will be the subject of further discussions. This is due to be emphasised at a Church Members meeting scheduled for 12/05/25.
An agreement was reached by the three eligible Trustees, to a proposal to increase the salary of Richard Carvell (full time Elder/Pastor) by 3%. Church Members voted to agree this effective from April 2025.
Regular church income continues to be monitored closely by Lee Rowcroft (Trustee/Treasurer) and year end accounts reflect the consistency of income enabling current expenses to be covered. The ‘ministry buffer fund’ remains in the year end accounts. This remains untouched, which is pleasing. Longer term, the level of this will need reviewing to ensure charity funds are used fully and effectively.
To enable us to fulfil our broader charity aims, all the regular meetings of the church continue as in the previous year, with the addition of more regular Men’s meetings and Ladies’ ‘Prayer and Share’ times. A number of more informal “Friendship Meals” have also taken place to encourage good fellowship across all ages. Outreach through ‘Book Give Away’ events, literature distribution, youth meetings etc. continue.
Sunday Services continue to be held at Derby Conference Centre – London Road and most other meetings at Traffic St. Four city-wide, regional, monthly ‘Shared Life’ Groups have been introduced in specified homes to give greater accessibility for more people to attend. Numbers attending these in aggregate have actually exceeded that of the single location model. A wide range of people are regularly attending our meetings where the Christian gospel is taught and practically applied to all ages & backgrounds.
Giving to other Christian missionary and charity organisations has continued this year, with a deliberate slimming down of the number of organisations/individuals supported. This has meant that we could increase our giving to the main recipients. A further review is planned for the forthcoming year to expand the number of recipients a little further, in line with a strategy approved by the church members.
**…………………………………….** David Fielding Chairman of Trustees 30 April 2025
Docusign Envelope ID: 7A110DC6-3D20-4DA1-BE87-64AC93B706D4
**- 3 -**
## **INDEPENDENT EXAMINER’S REPORT TO THE OFFICERS OF**
## **CASTLEFIELDS CHURCH (CIO)**
I report on the accounts of the charity for the year ended 31 March 2025, which are set out on pages 4 to 8.
## **Respective Responsibilities of Trustees and Examiner.**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act:
- follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Charities Act: and
- state whether particular matters have come to my attention.
## **Basis of Independent Examiner’s Statement**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below.
## **Independent Examiner’s Statement**
In connection with my examination, no matter has come to my attention:
- 1) which gives me reasonable cause to believe that, in any material respect the requirements
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act
have not been met; or
- 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
D R Gradon MA FCA Cound & Co LLP Chartered Accountants 1 Princes Court Royal Way Loughborough Leics LE11 5XR 1 July 2025
Docusign Envelope ID: 7A110DC6-3D20-4DA1-BE87-64AC93B706D4
**- 4 -**
## **CASTLEFIELDS CHURCH (CIO)**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)**
## **FOR THE YEAR ENDED 31 MARCH 2025**
|INCOME
Donations & Legacies:
Grants and Gifts received
Tax refunds under Gift Aid
Legacy
Investments:
Interest Received
Sundry Income
TOTAL INCOME
EXPENDITURE
Expenditure on Charitable Activities
TOTAL EXPENDITURE
NET INCOME
TRANSFERS BETWEEN FUNDS
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS
TOTAL FUNDS BROUGHT FORWARD
TOTAL FUNDS CARRIED FORWARD|Unrestricted
Restricted
Designated
Total
Total
Funds
Funds
Funds
Funds
Funds
Notes
2025
2025
2025
2025
2024
86922
-
-
86922
82012
11571
-
-
11571
10806
-
-
92384
92384
-
6532
-
-
6532
4622
125
-
-
125
140
______
______
______
______
______
105150
-
92384
197534
97580
______
______
______
______
______
2
100520
-
750
101270
57537
______
______
______
______
______
100520
-
750
101270
57537
______
______
______
______
______
4630
-
91634
96264
40043
(5200)
-
5200
-
-
______
______
______
______
______
(570)
-
96834
96264
40043
226405
-
284280
510685
470642
______
______
______
______
______
225835
-
381114
£606949
£510685
______
______
______
______
______|
|---|---|
Docusign Envelope ID: 7A110DC6-3D20-4DA1-BE87-64AC93B706D4
**- 5 -**
## **CASTLEFIELDS CHURCH (CIO)**
## **BALANCE SHEET AS AT 31 MARCH 2025**
|FIXED ASSETS
CURRENT ASSETS
Debtors
Cash at Bank and in Hand
LIABILITIES:
Creditors: Amounts falling due within one year
NET CURRENT ASSETS
TOTAL NET ASSETS
THE FUNDS OF THE CHARITY
Unrestricted General Funds
Restricted Funds
Designated Funds
TOTAL FUNDS|Notes
4
5
6
6
6
6|2025
221127
-
386422
______
386422
______
600
______
385822
______
606949
______
225835
-
381114
______
£606949
______|2024
221127
-
290098
______
290098
______
540
______
289558
______
510685
______
226405
-
284280
______
£510685
______|
|---|---|---|---|
Approved by the trustees on 1 July 2025 and signed on their behalf by:
……………………………………
Lee Rowcroft
Docusign Envelope ID: 7A110DC6-3D20-4DA1-BE87-64AC93B706D4
**- 6 -**
## **CASTLEFIELDS CHURCH (CIO)**
## **NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2025**
## **1) Accounting Policies**
## a) Accounting Convention
These financial statements have been prepared in accordance with the Charities SORP (FRS 102): ‘Accounting and Reporting by Charities, Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS102 the Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS102”) (effective 1 January 2016)’, FRS102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (effective September 2016) and the Charities Act 2011. The disclosure requirements of Section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view. The charity constitutes a public benefit entity under FRS102.
Assets and liabilities are initially recognised at historical cost or transactional value unless otherwise stated in the relevant accounting policy note and the financial statements are prepared on a going concern basis. The financial statements are prepared in sterling, which is the financial currency of the charity and rounded to the nearest £1.
## b) Funds
General funds represent the funds of the church that are not subject to any restrictions regarding their use and are available for application on the general purposes of the church.
Restricted funds are those funds that must be spent on their restricted purposes. Gifts designated by the donor for a particular charity or project and received as income are treated as Restricted funds and the monies are remitted to the appropriate recipients as soon as possible.
## c) Support Services
These comprise the administration and running costs (less insurance) of the Church.
## d) Fixed Assets
These are included in the accounts at the Trustees estimate of the market value.
## **2) Direct Charitable Costs**
|Ministry
Rent
Utilities
Insurance
Support Services
Outreach activities
Maintenance of Buildings and Equipment
Work Among the Young
Visiting Speakers
Office Supplies
Advertising
Miscellaneous Costs
Telephone
Professional Fees
Conferences and Training
Grants paid (see Note (3) for details)
Bank Charges
Church Away Day|2025
2025
2025
Unrestricted
Restricted
Designated
Notes
Funds
Funds
Funds
54493
-
-
13075
-
-
3046
-
-
1392
-
-
929
-
-
1623
-
-
965
-
-
682
-
-
225
-
-
159
-
-
579
-
-
106
-
-
413
-
-
1000
-
-
1045
-
-
20380
-
750
(6)
-
-
414
-
-
_____
_____
_____
100520
-
750
_____
_____
______|2025
Total
Funds
54493
13075
3046
1392
929
1623
965
682
225
159
579
106
413
1000
1045
21130
(6)
414
_____
101270
______|_|2024
Total
Funds|
|---|---|---|---|---|
|||||13509
11210
2915
1277
783
944
2236
385
725
1476
781
247
574
7798
440
11752
7
478
_____
57537
_____|
Docusign Envelope ID: 7A110DC6-3D20-4DA1-BE87-64AC93B706D4
**- 7 -**
## **CASTLEFIELDS CHURCH (CIO)**
## **NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2025**
## **3) Grants Paid**
|2025
2025
2025
Unrestricted
Restricted
Designated
Funds
Funds
Funds
CFL
5450
-
-
Robert Baghurst
-
-
-
Open-Air Mission
3950
-
-
GBM
3950
-
-
CCM
690
-
-
Mandritsara
2970
-
-
SASRA
2970
-
-
Radstock Ministries
-
-
-
Beach Mission Support
-
-
-
East Mids Churches Day
120
-
-
Davenport Road
200
-
-
Littleover Methodist
-
-
-
Others
80
-
750
_____
____
____
20380
-
750
_____
____
____|2025
Total
Funds
5450
-
3950
3950
690
2970
2970
-
-
120
200
-
830
_____
21130
_____|2024
Total
Funds|
|---|---|---|
|||3450
500
2050
1100
700
1150
1150
1000
100
120
200
77
155
_____
11752
_____|
## **4) Fixed Assets**
|Cost
At 1 April 2024
Additions
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net Book Value at 31 March 2025
Net Book Value at 31 March 2024|Freehold
Land and
Buildings
221127
-
______
221127
______
-
-
______
-
______
221127
______
221127
______|Total
221127
-
______
221127
______
-
-
_____
-
_____
221127
______|
|---|---|---|
||||
|||221127
______|
Docusign Envelope ID: 7A110DC6-3D20-4DA1-BE87-64AC93B706D4
**- 8 -**
## **CASTLEFIELDS CHURCH**
## **NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2025**
## **5) Cash at Bank**
|Leeds Building Society
Charity Bank
Lloyds Bank
Kingdom Bank|2025
69141
85579
133241
98461
______
386422
______|2024
67514
82906
55448
84230
______
290098
______|
|---|---|---|
## **6) Analysis of Net Assets by Funds**
|2025
2025
2025
Unrestricted
Restricted
Designated
Funds
Funds
Funds
Fixed Assets
221127
-
-
Current Assets
5308
-
381114
Current Liabilities
(600)
-
-
______
_____
______
225835
-
381114
______
_____
______
Balance at
31 March
2024
Receipts
Payments
Designated Funds:
New Building Fund
137400
92384
-
Future Ministry
145900
-
-
Pastoral Fund
980
-
(750)
____
____
____
284280
92384
(750)
____
____
____|2025
2024
Total
Total
Funds
Funds
221127
221127
386422
290098
(600)
(540)
______
______
606949
510685
______
______
Transfers
Balance at
31 March
2025
5200
234984
-
145900
-
230
______
____
5200
381114
______
______|
|---|---|
|||
## **7) Related Parties**
The Trustees made donations totalling £8,900 during the year.