TEDDINGTON MISSION HUB ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023
TEDDINGTON MISSION HUB INFORMATION Trustees Reverend Jonathan Rust Reverend Chris Kennedy (Resigned 23 July 2023} Reverend David Michael Cloake (Appointed 18th Septembv 2023) Reverend Ben Robert Lovell (Appointed 51h June 2023) Christopher Thomas Darllng (Appolnled 5th June 2023) Reverend Edward Jonathan Kendall Dr Clare Margaret Rid¢r Charles Anthony Fletcher Sarah Ann Rae Matthew John Eades IReslgned 22hO April 20241 Charlty 1ggtst¢rgd numbgr 1192480 Independent examln•r Jason Hughes 9 Claremont Road Teddinglon TW11 8DH Banktrrs CAF Bank LimilÈd 25 Kings Hlll Avenue Kings Hlll Kent ME19 4JQ
TEDDINGTON MISSION HUB CONTENTS Page Annual and finanual rwlew Indgpendenl examine¢s report Slalement ol finandal acJviti05 Balan shgel Notss and accounting polIe5
TEDDINGTON MISSION HUB ANNUAL AND FINANCIAL REVIEW FOR THE YEAR TO 31 DECEMBER 2023 Overvlew Teddington Mission Hub I'TMH'I was established on the 23 November 2020 with the purpose of provldlng and maintalnlng premise5 to allow Ihe advancement ol the Christlan fallh and other Charitable work In accordance wlth the rites and ceremonies of Ihe Church of England lor the public benefit within the Deanery of Hampton in Ihe Diocese of London. The trustees attend to matters relating to the upkeep and runnlng of the propety at Sl. Peter's and St. Paul'$, 4 Church Road, Teddington, TW11 8PB. Financlal rèview Hall rental Income was £39,96612022-. £51.5451 for the year whlch Is In1Sne wllh expectations. Costs of £36.783 {2022.' £24.4141 were incurred which comprise of the follc)wlng.' caretaker and 3dminislralion costs £15.06412022'. £11.048), property related cosls £17,73412022'. £12,565?. Insuranc& costs £2.912 (2022.. £5411, IT costs £1.013 12022.. £1801 and bank charges of £6012022- £801. TMH had £56,352 {2022- £34.967} of cash and short-tem deposits at 31 De¢ember 2023. TMH had £NII (2022.. £1.3141 of fee Income re¢elvables due which were received after the year end. TMH had £3.128 {2022.' £4,297) of liabilili8s al 31 December 2023 which related lo operation81 expenses £1,128 {2022'. £1,071), deferred income £NII (2022.. £1.2261 and a loan 01 £2,00012022.' £2.0001.
TEDDINGTON MISSION HUB INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TEDDDINGTON MISSION HUB I report on the financS81 statement of the charity for the year ended 31 December 2023, which are sel out on pages 4and5. Respectlve responsSbllltles ot tru$tee and examlner The charity's trusleos are responsible for the proparalion of the flnancial statements. The charity's trustees consider that an audit is not required for this year under seclion 144121 of the Charlties Act 20111,2011 Acri and that an independent examinaliori 18 needed. St is my responsibility to.. examine ihe financial statements under section 145 of Ihe 2011 Act., follow the procedures lald down in the general directlons given by the Charfty Commission under section 14515llbl of th8 2011 ACL and slate whethef particular matters have come lo my attenllon. This report. includlng my statement. have been prepared fDr and onty for the charfty's Iruslees as a body. My work has been undertaken so Ihal I mlght slate to the charity's trustees those mallers l am required to stale to them in an independenl examiner's report and for no other purposo. To the lullesl extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Iruslees as 8 body for my examination work, for Ihls report, or for thè ststements I have made. Basis ol Independgnt oxamlner's report y examinab.on was carrted out in aGrdance with Ihe general direcllons given by the Charity Commission. An examlnation Includes a review of the accounting records kept by the charity and a comparlson of the financial statemènt5 presented with those records. It also includes consideration of any unusual Item5 or disclosu$ in the flnandal statements and seeking 8xplanalions from you as Iruslee coneeTnin9 any such mallers. The procedures undertaken do not provide all the evidence that would be required In an 8udit, and consequently no opinion is given as lo whether the financlal statements PTesenl a True and falr view" and the report Is1Smited to those mallers sel out in the statement below. IndOndent examln•r'$ statement In connection with my examination. no matter has come lo my attgntion.. which gives me roasonable cause lo believe thal in any mal&rial respect the requirements= lo keep accounUng records in a¢¢ordance with se¢lion 130 of the 2011 Act.. and lo prepare financlal stslemenls which accord with the accounting records and comply with the accounting requlrements of the 2011 Act have nol been met., or lo which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements lo be rea¢hed. Si9n¢d on Hughes Date- 9 Claremonl Road. Teddington, TW118DH
TEDDINGTON MISSION HUB STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Note Unrestrlcted Funds Restricted TOTAL FUNDS Funds 2023 2022 INCOME AND ENDOWMENTS FROM CharitaL4e aCtilt[e5 Holl & church octivities 21al 39,966 39.966 51,545 TOTAL INCOME 39,966 39.966 51.545 EXPENDifuRE ON Charitable activities Hall & church octivAties 31al 31b 36,723 36,723 24,334 56 Other 36.783 36,783 24,390 NET INCOMEIIEXPENDITiNIEI 3,183 3.183 27,155 BALANCES BRoUGT FORWARD AT at l January 2023 33,698 33,698 BALANCES CARRIED FORWARD AT at 31 De¢embér 2023 36,881 36.881 Movements on urjrestrictedfvnds comprlse BALANCES BROUGHT FORWARO AT at l January 2023 General Repalrs Total 34,698 34,698 Net Incoming loutgoin81 resources Contrlbution Transfers out Transfers Iwb 9,843 9,843 3,183 3.183 BALANCES CARRIED FORWARD AT al 31 December 2013 47.7Z4 47,724 The notes on pages 6 10 8 form part of the86 accounts
TEDDINGTON MISSION HUB BALANCE SHEET AS AT 31 DECEMBER 2023 Note 2023 2022 CURRENT ASSETS Debtors (including pPaymentS and accrued income) Cash and short tem deposits 11,528 34,967 46,495 56,352 56.352 LIABILITIES AMOUNTS FALLING DUE WITHIN ONE YEAR 3,128 4.297 NET CURRENT ASSETS 53,224 42,198 TOTAL ASSETS LESS CURRENT LIABILITIES Liabllitles.. Amounts falling due after more than one year 53,224 42,198 5,500 7,500 ASSETS 47.724 34.698 Represented by Unrestricted funds Restricted funds 47,724 34.698 Total funds 47,724 34,698 Approved by the TTuslees on ?.) September 2024 and signed on its behalf by C Fletcher Hon Tieasurer
TEDDINGTON MISSION HUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED TO 31 DECEMBER 2023 Accountlng pollcles Basis of preparatlon The fin8nclal statements have baen prepared under the Charities Act 2011 and comply wilh FRS 102 SORP 2D151"SORP'). The financial ststomgnls have bn prepared under tha histortcal cost convention. The financial stslemenls include all tran5aclions. assets and liabililitss for the Trustees aw rgsponslble In law. They do not Indude th8 accounts of church grc*ups that owe theii maln affiliation to another body nor those that are infonnal gatherings of Church members. 12 Funds and reserves Unrestricled funds repr959nt funds of the charity that are not subject lo any restrictions regarding their use and are available for appllcation to Ihe general purpose of Ihe charity- Rosliicled funds are those uthich must be applied for a partlcular purp¢)se and any balance remalnlng unspent al the end of the year is carried forward as a balance within that fund. The trustees have set a capltal re5erwes policy which stsles that cash reserves should be al least cover tsvo limes three monlhs, worth of expenditure. Incoming rosources Rental inwme is raeognised In the perlod to which it relates. Grants 8fbd legacles are r¢cognised when the charity is legally enlilled to the amount due. receipt Is piobable, and the amount can be measufed reliably. Expenditure Resources used are accounted lor on an aecruals basls. Tangible fixod assots Flxlures and fitbngs- depreciation on a slraight-line basls over three years. Current assets Amounts owing to the charlty In respect ol renral fee income Is shown as debtors. Going concern In compliance wilh FRS 102 SORP 2015 Ihe charity conslders that having Tegard to the reserves and the commitments of Ihe charity that Ihefe are no material factors affecllng the ability of Ihe charity to remain a going concem for Lhe foreseeable fuluTe. Trustea èmployment status The charity is a registered chaflty. As such under FRS 102 SORP 201 S we are raquired to declare if any trustees are employees of the charlty and have received any remuneration from the charity. In 2023 no trustee received mUneratIOn from the charity.
TEDDINGTON MISSION HUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED TO 31 DECEMBER 2023 Incoming rèsources 21a) Charitsble aetivitles Unrestrlcted Furbds Restrlct•d TOTAL FUNDS Funds 2023 2022 Rental income Interest received 39,861 105 39866 39,861 105 39.966 51.514 31 51.545 Total Income 39,966 39.966 51,545 Totsl income relates to Church & hall 39,966 39,966 39.966 12.563 Expendittsre 3 (al Charltable act6viti8s Llnrestrlcted Funds Restrlcted TOTAL FUNDS fv4)ds 2023 2022 Church & hall property Caretaker & administratlon costs 21,659 IS.064 36,723 21,659 13,286 36,723 24,334 3{bl Other Bank charges 60 80 TOTAL EXPENDITURE 36.783 36,783 24,414 rotol expendlture ran be anolysed us Personnel costs Other 15,064 21,719 36,783 IS,064 21,719 11,048 13,366 24A14 Tot(71 expenditure relotes to Church & liall 36,783 36.783 24.414 24A14 36,783
TEDDINGTON MISSION HUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED TO 31 DECEMBER 2023 D¢btOT$ 2023 2022 Hall anrj fee income receivable Prepayments Other debtors 1,314 214 10,000 11,528 CredltOTS: amounts falling due wlthin one year 2023 2022 Accrued expenses Hall income received re fdltswing year Payroll t3xe5 Loan 942 1,226 102 2,Crf)O 186 2,OC(I 3,128 4,297 Creditors- amounts falling due after mor9 than one year 2023 2022 Loan 5,500 7,500 5.500 7.500