CIO NUMBER .' 1196661
TOWCESTER HUB CHURCH
(Charitable Incorporated Organisationl
TRUSTEES, ANNUAL REPORT
RECEIPTS AND PAYMENTS ACCOUNT
AND
STATEMENT OF ASSETS AND LIABILITES
FOR THE YEAR ENDED 31ST AUGUST 2024
Tove Accountancy Ltd
Office 6. Town Hall. 86 Watling Street East, Towcèster, Northants NN12 6BS
Page 1

TOWCESTER HUB CHURCH
CONTENTS
Page 3
Legal and Administrative Information
Page4to6
Trustees, Report
Page 7
Independent Examinerfs Report to the Trustees
Page 8
Receipts and Payments Accounts
Page 9
Slalemenl of Assets and Liabilitses
Pages10-11
Notes
Page 2

TOWCESTER HUB CHURCH
LEGAL AND ADMINISTRATIVE INFORMATION
Reglsterg(I Charlty No.
1196661
Trustses
Daniel CTook
Oenis Martin
Rebecca Martin- Company Secretary
Mose5 Munji
Paul Worth - Chair of Trustees
Prlnclpal Address
4 The Jetty
Wappenham
Towcester
Northants
NN12 8SR
Independent Examln9r
Michael Cooke
Tove Accountancy Ltd
Office 6, Town H811
86 Watling Street East
Towcester
Northanls
NN12 BS
Area of Benefit
Northamptonshire
Page 3

TOWCESTER HUB CHURCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
The Trustees present their Annual Report W71h the financial statements of the Charity for the year ended 31st
August 2024.
Structure. governance and management
Govoman¢e
The Charity is a Charitable Incorporated Organisation association.
registered by the charity commissioners for England and Wales,
regi51ralion number 1196661, registered 191h November 2021
Conswtutlon
Charitable Incorporated Organisalion
Trustees
The Charity Is govemed by the Trustees, board currendy made up of"
Daniel CrocA(
Denis Martin
Rebecca Martin - Company Secretary
Moses Munii
Paul Worth - Chaif of Trustees
Obl&¢ts
11ITO ADVANCE CHRISTIANITY IN NOFITHAMPTONSHIRE AND ELSEWHERE B Y ANY MEANS OR
MEDIUII THAT IS OR MAY BECOME AVAILABLE IN ACCORDANCE WTH THE STATfMENT OF
WCTRINE SÈT OUT IN THE SCHEDULE 12ITO RELIEVE PEOPLE ARE IN NEED 8E¢AUSE
OF" 111 SICKNESS OR POOR HULTH, 1111 YOUTH OR AGE.11111 FINANCIAL HARDSHIP. OR IIVI
SOME OTHER DISADVANTAGE BY ANY CHARITABLE MEAP4S AS THE TRUSTEES THINK FIT AND
INCLUDING (WHERE APPROPRIATE BUT NOT BY WAY OF LIMITATIONI THE PROVISION OF
AOVICE THE PROIAOTION OF GOOD PFIACTICES TO COMBAT SUCH CONDITIONS AND THE
PROVISION OF RESOURCES TO ALLCVIATE OR PREVENT SUCH NEED 131TO ADVANCE
EDUCATION BOTH GENEFIAL AND VOCATIONAL FOR CHILDREN OR ADULTS.
P89e 4

TOWCESTER HUB CHURCH
REPORT OF THE TRUSTEES . CONTINUED
FOR THE YEAR ENDEO 31ST AUGUST 2024
Structure, Governance and Management
The CIO is governed by its constitution and is managed by the Trustees
The Charity Is working within the CIO document.
The Trustees are generally from the leadership learn with the exception of the chair tsf Iruslees. The board
of Iruslees, delegates most of the day.ID-day management lo the senior leader and administrative assistant,
on a part time contract The senior leader is employed for two days per week and the adminislrive assistanl
for one day per week and btslh receive payrnent on a monthly basis
The trustees without ¢onflil ol interest are responsible for salary reviews. None ol the pa1d staff take part in
the final decisisons regarding salariès As leader5 of the church new trustees already have some
underslanding of the govemance fo the church, but additiot)al induction Is given on an individual basis
generally by chair of the trustées.
All finanaal operations are now conducted by Towcesler Hub Chufch and we continuè lo operation
autonomously.
Objectives and Activltles
To advance Christianity In Northamptonshire and elsevthere by any means or medium that is or may become
available. To relieve, support people in need due to sickness, poor health regardles8 of age from financial
hardship.
Page 5

TOWCESTER HUB CHURCH
REPORT OF THE TRUSTEES - CONTINUED
FOR THE YEAR ENDED 31ST AUGUST 2024
Achlevements and Perfomiance
We are accountable to the Catalyst Sphe￿ ol churches team represented by Mr Richard Wightman.
On a local basis, we remain accountable to the senior leaders of New Life Church Milton Keynes and New
Life Church Northampton
Community, work and overseas
We continue contributiong to the mission in Greece lo support and help th¢ rèfugeÉ situation in and around
Athens. We have also given one off gifts to disaster ￿lief funds lor Myanmar and towards the Turkish
earthquake appeal. We continue lo give help as it arises to local needs.
Financial Review
We have good ieserves and sufficient funds which allows ijs lo continue building the congregation and
established contacts within thè local area.
Publlc Beneflt
The Trustees take into a¢¢ounl the Charity Commission guidelines regarding public benefit when planning its
activiles and support for those across Northamptonshire and elsewhere
Reserves Policy
The current rese￿eS Oicy is lo maintain cash flow for known commitments.
Risk asse$srnents
Risk assessments are in place as needed and will be continuallly upd81ed as necessary. Appropriate
insurance cover is in place and trustees. $tsff and volunteers receive appropriate safe9uarding training and
DBS checks where required.
The Trustees dedare that they have approved the TnJstees' Report above.
Signed on behalf of the Chanty's Trustees
Denis Ma
Trustee
Date..
Page 6

INDEPENDENT EXAMINER'S REPORT TO THE
TRUSTEES OF TOWCESTER HUB CHURCH
FOR THE YEAR ENDED 31ST AUGUST 2024
I report lo the Trustees on my examination of the accounts of the above charity I'lhe Trust'l for the year
ended 31 st August 2024.
Responsibilities and basis of report
As Ihe Ghanly's Trustees, you are responsible for the preparabon ol the accounts in accordance with
the requirements of the Charities Act 2011 I'lhe Ad.).
I report in respect of my examination of the TNst's accounts carried out under section 145 01 the
2011 Act and in carrying out my examinalion. I have followed all the applicable Direth'ons given by the
Charity Commission under section 14515llbl ol the Act
Independent examlnerfs statement
I have completed my examination. I confirm that no rnaterial matters have come to my attention
in connection wth the examination vthich gives me cause to believe Ihal in, any material respect..
the accounting records were not kept in accordance with section 130 of the Charities Act., or
the accounts rjid not a¢¢ord with the ac¢ounting records
I have no concerns and t)ave come across no other matters in connection wlh the examination lo
which attention should be drawn in this report In order to enable a proper understanding of the
accounts lo be reached.
Dated
.l..?.i.. 11.i.Z
Michael Cooke
Tove Accountancy Ltd. Offic& 6 Town Hall. 86 Watling Street East, Towcèstèr, Northants, NN12 68S
Page 7

TOWCESTER HUB CHURCH
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED 31ST AUGUST 2024
Unrestncted Restricted
Funds
Funds
Total
Total
3110812024 3110812023
Notgs
RECEIPTS
Donats'ons and legacies
Gift Aid
Other
Bank Interest
19,846
2,381
19,846
2,381
17,102
500
72
383
383
Totsl incoming resources
22.610
22,610
17,674
PAYMENTS
Salaries
Training
Travel
Hall Hire
Container storage hire and insurance
Catering, refreshments
Stationery and printing
IT, website and database
Equipment
Kids support
Licences. music
Materials
Services
Insurance
Donations Made
Payroll charges
Sundries
15.962
15.982
7,564
553
4.776
553
4,776
475
7,296
155
81
355
1,133
775
435
435
10
395
1,428
80
395
1.428
80
135
437
1,273
204
6,000
188
4,729
4.729
5.100
5,100
788
788
Total resources expendod
34.256
34,256
26,071
Net movement In funds
11,646
11,646
8,397
Total Funds Brought Forward
58,383
58.383
66,780
Total funds carried fop•vard
46,737
46,737
58,383
Thare are no endowment funds during Ihis year or the pnor year
Page 8

TOWCESTER HUB CHURCH
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31ST AUGUST 2024
Notes
2,024
2,023
Assets
Bank Current Account
Saving Account
Fixed Deposit Account
8.533
10.173
28.031
46,737
30.5S3
27,820
58,383
Nel Assets
46,737
58,383
REPRESENTED BY.
General Funds
Restricted Funds
46.737
58.383
46,737
68,383
Examinats"on Fee
Creditors
Other Credrtors
420
300
420
300
Presented and approved by the Trustees and signed on their tsehalf by
Dale..
Trustee
Page 9

TOWCESTER HU8 CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024
1 ACCOUNTING POLICIES
The Financial Statements have been prepa￿￿ In accordance with the Charities Act 2011
Using the Receipts and Payments basis
2 ANALYSIS OF FUNO MOVEMENTS FOR THE YEAR
UNRESTRICTED FUNDS may be used by the Church lor any ot its ordinary purposes
DESIGNATED FUNDS represent surns set aside, out Df ordinary unreslricled funds, lor specific
designated purposes, which can be transferred back into the general fund at any lime.
RESTRICTED FUNDS represent either income from trusts or Èndowments which may be
expended only on those restricted objects provided in the terms ol the trust or bequest, or
donations or grants received or invited for a specific purpose. Thè funds m8y only be spent on
the sp6cific purpose for which they were given. Any balance remaining unspent must be
cafried forward as a balance on that fund and c2nnol be absorbed Into gener81 funds
ENDOWMENT FUNDS are funds whose capital must be maintained only Income arising from
the investment of the endowment may be used either as restricted or LJnrestri¢ted funds.
depending upon the purptsse for which the endowrnent was established.
There are no endowment funds during this year or In the prior year
Restricted Funds
Opening Balance
01.08.2023
Movement
Movernent Transfer
In Out
between Fun
)sing Balance
31.08.24
Page 10

TOWCESTER HUB CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024
3 RECEIPTS AND PAYMENTS ANALYSES AND DETAILS
Unrestricie
Rastncted
Total
RECEIPTS
Donations
TOTALS
19,845.79
19,84S.79
0.00 19,845.79
0.00 19,845.79
PAYMENTS
NLC
Catalyst Hub Bed
New Day
Other
TOTALS
3.400.00
1.200.00
500.00
0.00
5,100.00
3,400.00
1,200 00
500.00
0.00
5,100.00
000
0.00
4 GIFT AID
Gift Aid received durin9 the year 18 £2,380.50
S PAYMENTS TO TRUSTEES AND RELATED PARTY TRANSACTION
No payments We￿ made to any ol the other Trustee8 (other than acceptable
out of pocket expenses which were clairned lorl
Page11