REGISTERED CHARrrY NUMBER: 1192206 QUERNMORE CHAPEL REPORT OF THE TRusfEES AND UNAUDITED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Xeinadtn Du]ton House 9 Dahon Sqwe IANCASTER LAI IWD
QUERNMORE CHAPEL CONTENTS OF THE FINANCIAL ATEmElyTs FOR THE YEAR ENDED 31 MARCH 2025 Page Reference and Administratlve DetalL Report of the Truste Independent Etter,$ R¢port Statement of FiDiiiicial Activities Balanee Shtet Notes to the Fl#Ak¢lal Stxt¢meDts 6 to 10 De¢ailed Sts¢¢ment ofFln#ll¢ial Activities
QUERNMORE CHAPEL REFERENCE AND ADMINISTRATIVE DETAIIS FOR THE YEAR ENDED 31 MARCH 2025 Trvste Mr R G Woodbo MrMRBurr MT D Whitskff Mr B Hris PriDcipal address 2 Cottag¢ Rigg Ian¢ LANCASTER LA2 9FJ Registered charity number 1192206 IttdepeDdent eAaminer X¢inadin alton Hous¢ 9 Dalton Sqlwe IANCASTER LAI IWD B*Trk¢r5 Virgitt MoD¢y 45 Peony Stre¢t LAI IUE Page I
QUERNMORE CHAPEL REPORT OV THE TRUSTEES FOR THE YEAR EI¥DED 31 MARCH 21125 The trustees present their teport with the fllwicial statements of the charity for the year ended 31 Mar¢h 2025. The trustees have adopted the provisions of Accounting and R¢porting by Chariti¢s: Stst¢ment of Reconmiended Practice applicable lo charities preparing th¢ir accowits in 4rdanc¢ with the Finallcial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102} (effective l January 2019). ObSeetives aetivftles Obj¢¢tives and aims The object of Quernmore Chapel is the advancement of christi faith for the public benefii. in a¢cordan¢e with the statement of faith in the hedUle primaTily but not exclu5ivety within Qthern and the surrounding n¢ighbourhool' and such other charitable PLWP05es as shall in the opinion of the Clwsty Tntste¢s into PTa¢t%¢e the ChrÈstian faith in accordance wkth the ststement of faith, including but not limited to: the prevention and relief of need, hardship and sickness. the advancement of education. and the proviston of facilxties in the interests of social welfare for recreation or ther leisure tKme occupation of individua]s who hav¢ n¢¢d of su¢h faciliti¢s by r¢850n of th¢ir youth. age. infinnty or disability, financial hardship or social circumstances with the object of improvÉng their coNJitions of life. Public benefit The main actLVities in latiOn to these objediv¢5 0r¢ the ffganisalion of ¢hurth me¢tin&s. the organisation of bible studles and organising events available to the community. The trustees consider that they have complied with th¢ dity it) section 4 of the Chariiies Act 2012 to have due regard to th¢ public benefit guidan¢¢ published by th¢ Charity Commissio Finallci#l review The charÉty does not have a fornial reserves policy however it is the policy of the clTr8rity to maintain balances at a level equivalenl to approximatety two months expendittre to cover church njnning costy should incorne fall. Free resetves at the year old were £149J13 (2024- £130.011). No funds ar¢ in deficiL Strncturfy gov¢rDanC¢ wio•g¢JDent Governing documeot The charity is controlled by its gov¢n)ing d(Kumeni a deed of trust and ¢onstitsrt¢s an unincoTporated ¢harity. The main governing document of the Charity is set oul in CIO do¢UM¢ regia¢r¢d 6 Novmber 2020. New trustees are appointe¢Vre4)poinl¢d by the membe AppTov¢d by order of the board of trjstees on.................. ........ slglled on its behalf by: B HaTTiS Tustee Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRiisfEES OF QUERNMORE CHAPEL Independent examiner's report to the truslets of Qernore Chapel I report io the charity tsustees on my examination of the accounts of Clwel (th Thjst) for the year ended 31 March 2025. Responsibilities and bas15 of report As th¢ charity trustees of the TnL8t you are r&sponsible for the preparation of the attounts in accordance with the requirements of the Charities Act 2011 (Ih¢ Ad). I r¢port An respect of my examination of the Trusfs ?Ounts carried under Section 145 of the Act and in rjanying out my examination I hav¢ follow all 4)plicable DirectiorL8 given by the Charity Commission under Section 145(5Xb) of the Act. Independent examirter's stattm¢ll¢ I have completed my examinatio I CODfJrni mo material matters have come to my attenti{ in connection with the examination giving me cause to believe that in any material r¢5pe¢t: auounting r¢cords were not kept in respect of the TnLSt &8 required by S¢ctioD 130 of the Act. or the accounts do not ac(rd with those record5" or the accounts do not compty with th¢ applicable requ2rements concerning the forni aTid content of accounts set out in the Charities (Accounts and Reports) Regulations 2(108 other than Èny requirement thai the accounts give a true and fair view which is not a matter coldered as part of an independent ¢xarninati(m. I have no conc¢ms and have come no oth¢r tnatt<5 ill ¢Otmcction with the examination to which attention should b¢ drawn in this report in order to ¢rd)le a proper UDdwstsnding of the arUnts to be reached. fm PrU<e T M Pt¢e FCCA Xeinadin Dalton House 9 Dalton Square LANCASTER LAI IIVD Pag¢ 3
QUERNMORE CHAPEL STATEMENT OF FINANCIAL AcfiviTILS FOR THE YEAR ENDED 31 MARCH 2025 2025 Totsl nds 2024 Total funds Unr¢s¢ri¢t¢d R¢5tri¢ted nd llds Notes llltomt and endowments from Donalions and l¢gaci 42.619 1.657 44.276 113,832 Investment income 3,776 3,776 5.562 46395 1,657 48.052 119J94 ExpenditsTe Charitabk activilies Chureh activities 16.369 4.114 20.483 27,249 NET INCOMEI(EXPENDITURE) 30,026 (2.457) 27.569 92.145 RecoD¢ili¥tion of flld5 Total fibnds brought fonvard 301.428 3.674 305.102 212.957 Total fuDd$ eArrled fonvard 331.454 1217 332.671 305.102 The noiG5 frn part ofthese fmancial stat¢mcnts Page 4
QUERNMORE CHAPEL BALANCE SHEKr 31 MARCH 2025 2025 Total nds 2024 Total fndS urtrIeted Restrlcted fuDd rllnds Notes Fixed assets Tangible a8sets 182.141 182.141 171.417 Current assets Debtors C&8h at bank 9.947 139.527 9,947 140,744 15.961 117.874 1217 149.474 1217 150.691 133,835 Creditors Amounts falling due within one year (161) (161) (150) Net ¢urreDt assets 149.313 1217 150.530 133.685 Totsl assets less Crrent liabilities 331.454 1217 332.671 305,102 NET ASSETS 331.454 1217 332.671 305,102 Funds uTestriCted funds Re5trithd funds 10 331.454 217 301,428 3.674 Total funds 332.671 305.102 The financial Statements w¢r¢ approved by th¢ Bosd of T and authoTised for issue .. and were sig[d on its behalf by. Mr B Carter. Trtee Ha s- Trustee Tr ll0tr5 fonn part of these financial statements Pag¢ S
QUERNMORE CHAPEL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Aeeounting prtrlicies Basis ofpreparing the financial ststements Th¢ financial statemeths of th¢ ¢lwtty. ihi¢h is a public benefit entity under FRS 102. have been preped in accordance with the Charities SORP (FRS 102) 'AcCOlIng and Reporting by Chariti¢5: Statement of ReC0mended Practice applicable to clwitie5 preptiri their accounts in accordance with the Financial iieporting StaTd applicable in the UK alld Rqiublic of Ireland (FRS 102) {effe¢tiv¢ l January 2019),, Financial R¢porting Standard 102 Tr Financial R¢porting StaDdaTd applicable iti the UK ald Republic of Ireland. and the Cljarities Act 2011. The financial statements have been prepared under the historical cost convention. Income All Éncome is recognised in the Statement of Financial Activities once the thaTity has tItlement to the it is Probable that th¢ income will be re¢eiwJ and the amoutrt Can b¢ m¢asured reliably. Expendlture Liabilities are recogTtised 18 expendikre as s(x)n as there ts a legal or constructive obligation committing the charity to that expenditure, it i5 probable that a transfer of economic benef will be requir Èn settlement and the amow)t of the obllgation can be reliably. Expenditure is accounted for on an accDJals basis and has been CSIfIed uuder headillgs that aggregate all cost r¢lated to the category. Where costs cannot be directly attributed to p#rti¢ular headings they have been allocated io adiviti¢s OD a ba5RS WnSiSt¢nt with the us¢ of T•Dgible fised a55ets DepreciatÈon is provided at the following arfftual rates in order to write off each &sset oveT its estimated LLsefjJl life. Fixtt]res ond fittings Computer equipment 15% Reducing balance 25Qh Straight line Taxation Th¢ tharity is ¢x¢rnpt from tax on its charitable activities. accountin¥ Unre5trActed funds can be used in accorda¢ with the charitable objectives at the di%relion of the tNstees. R¢stri¢trd fimds ¢an ithly be ed for particular restri PUTposes within the objects of the chaTity. Restrictions arise when specified by the donor or when funds are rdised for parti¢ularTestricted putpose FUrtIr explanation of the natwe and purpose of ea¢h fiu)d is Includ in the nthes to the financial ststements. Hlre purebse and k*$ing ¢owmitinents Renla15 paid WKler operdiimg IeS are dwg¢d to th¢ Stat¢meni of FinanciaR A¢tivittes on a $trdight Ill b&sis over the p¢riod of th¢ lease. Page 6
QUERNMORE CHAPEL NOTES TO THE FINANCIAL STATEMENtS- CotinUed FOR THE YEAR ENDED 31 MARCH 2112S Dottations and legacles 2025 2024 Gifts and donations Building fi]nd gi118 Gift aid 37.502 57.887 40,100 15,845 6.774 44276 113,832 Invest¢ incotDe 2025 2024 Rents received Deposit account interest Other interest Teceivable ,495 2268 13 5282 280 3,776 5,502 Charh#ble aetlvltks e•sts DiTect Costs Support ¢osts Tot#ls Church activities 20293 190 20,483 Tru$te¢s' remuneratiop #Dd b¢Der There were no tsitstees, remutwation or oth¢r in¢fits for the year ended 31 March 2025 JM)r for the year ended 31 March 2024. Trnste¢5' ¢xpen5eS Th¢r¢ wer¢ no trusle¢s' ¢xpen5es paid for the year o)ded 3 1 MaTch 2025 Dor for the year ended 31 March 2024. Cornprntivu for the statsment ocfioncial Ictivltlrs UDrestrieted Restrl¢tsd fund f¥nds Totsl lunds Ineome #Dd eTrdowrnents frnm Donations and legacies 59.7 54.132 113,832 vestment income 5562 5,562 Total 65262 54.132 119,394 Exp¢nditur¢ OD Charltable activities Church activities 21.594 5.655 27,249 NET INCOME Transfers between fvnds 43.668 171.616 48,477 1171.616) 92,145 Page 7
QUERNMORE CHAPEL NOTES TO THE FINANCIAL STATEMENTS- ¢ontinued FOR THE YEAR ENDED 31 MARCH 2025 Comparatives for the ststemeDt off fuwicial aetivilies- continyed Unrestrktal Rwtrlet¢d fuDds Totsl nds Net movement in fllnds 215284 1123.139) 91145 Reconeiliation of funds Totat fimds brought fonvard 86,144 126.813 212.957 Tot41 funds carried fforward 301.428 3.674 305.102 T•ngible fi5 a5xts xturcs and fittin Freehold property Computer eqlliprnent Totxls Cost At l April 2024 Additions 167,033 11.496 534 172,567 11.496 At 31 MaTch 2025 178 J29 5,000 534 184,063 Depreclatfio At l April 2024 Charge for year 750 638 400 134 1.150 772 Ai 31 MCh 2025 1.388 534 .922 Net trfjok value At 31 March 2025 178,529 3.612 182,141 At 31 March 2024 167.033 4250 134 171,417 D¢bton: #mounts falling due withiD year 2025 2024 Trade debr5 Prepayments 6.787 3,160 15.961 9.947 15,961 Page 8
QUERNMORE CHAPEL NOTES TO THK FINANCIAL STATEMEIYTS- Contined FOR THE YEAR ENDED 31 MARCH 21125 Creditors: amounts falling due withiD one yr 2025 2024 Trade creditOTS 161 150 MovemeNt in funds Net mtsvem¢Mt ID funds At 3113125 At 114r24 Unrestricted finds General fund 301,428 30.026 331,454 Restrict ndS Specific gifts fijnd Property repairs fund 1.304 1370 (87) (2.370} 1,217 3.674 (2.457) 1217 TOTAL FUNDS 305.102 27.569 332,671 Ngt movement in fund& included in the above aTe as folknv5: Incoming RLwurces Movement eipendtd in fund$ Unrestricted fllDd5 General fimd 46J95 (16,369) 30,026 Restrietrd funds Spe¢ifi¢ gifts fijnd Property repairs fimd 1,257 400 {1,344) {2,770) (87) (2.370) 1.657 (4.114) (2,457) TOTAL FUP4DS 48.052 (20.483) 27,569 Page 9
QUERNMORE CHAPEL NOTES TO THE FINANCIAL STATEMENTS- eontillved FOR THE YEAR ENDED 31 MARCH 2025 io. MOvemet fvnds- eontlnued Comparatives for movemellt in funds Net Transfers between At 3113124 At 114n3 ill funds Unrestricted funds General fund 86.144 43.668 171.616 301,428 Restricted fund$ Building fi]nd Specific gifts fund Propety repairs fund 125,336 1.477 46280 (173) 2.370 1171.616) IJ04 2J70 126.813 48.477 (171.616) 3.674 TOTAL FUNDS 212,957 92,145 305.102 Compardtive nel movernenl in funds, inclwled in th¢ alx)ve ate as follows: 1ColDIng Resourees ejpended Moyement lo fvnd$ Unrestrieted fund8 General fund 65.262 (21,594) 43.668 Rtstrieted funds Building fund Specific gifts fund Property Tepairs fund 47,6 962 5,570 (1.320) (1,135) (3,2(M>) 46280 (173) 2J70 54.132 (5.655) 48,477 TOTAL FUNDS 119.394 (27249) 92.145 Rel*ted party diKloMres There were no related party transactions for the year endeA 31 Marth 2025. Page 10
QUERNMORE CHAPEL DETAILED STATEMENT OF FINANCIAL AcfivITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Income and endowments Donations and kgacies Gifts and donaiions Building tund giftg Gift aid 37.502 57.887 40.100 15.845 6.774 44276 113.832 Investmtnt income Rents received Deposit account interest CAher intsrest receivable 1.495 2,268 13 5.282 280 3,776 5,562 Total Intomlng re$our¢¢s 48.052 119,394 Expenditure Charitsble activities Rent Insurance Lighi and heat t)onations Church running rosts Repairs Sub5CriPtio Preacher expenses Fixtures and fittings Cotnputer equiprnent 3,493 690 1,141 10.819 1,523 5.333 681 1.195 750 134 614 2,781 8.987 1.004 3,577 1,018 1,540 638 134 20.293 25.759 Support costs Governance costs Legal and professional fees Independent examin¢rs f¢¢ 1.320 170 190 1.490 Total resources expended 20,483 27,249 Net income 27,569 92,145 This pag¢ does not fonn part of the stawtory financial Seme1 Page 11