# **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** 

## **MAYBRIDGE COMMUNITY CHURCH** 

**CHARITY REGISTRATION NUMBER 1196830** 

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## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** 

||**Page**|
|---|---|
|Legal and Administrative Information|3|
|Independent Examiner's Report on the Accounts|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Accounts|7|



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## **LEGAL AND ADMINISTRATIVE INFORMATION** 

**CHARITY NUMBER** 1196830 **START OF FINANCIAL YEAR** 01 January 2024 **END OF FINANCIAL YEAR** 31 December 2024 

**TRUSTEES WHO SERVED DURING THE YEAR** 

Eleanor Langridge (Chair) appointed 28th November 2022 Jané Alam Sheikh appointed 4th September 2020 Frances Hodges appointed 18th March 2024 Alan Longhurst appointed 2[nd] December 2024 Richard Greenhorn appointed 2[nd] December 2024 Christopher Kronda appointed 27th January 2019, resigned 27th January 2025 Timothy Ransley appointed 28th October 2018, resigned 28th October 2024 Emily Bellenie appointed 24th July 2020, resigned 11th April 2024 

The existing trustees appoint any new trustees following the provisions laid out in the Charity's governing instrument. 

**LEGAL STATUS** The unincorporated charity (1134489) was registered 24 February 2010 for which separate accounts have been prepared. In the process of changing status to become a CIO (1196830). The CIO has been registered, but is currently inactive. 

**GOVERNING INSTRUMENT** ‘Association’ Model Constitution Date of constitution (last amended): 11th August 2021 **REGISTRATION DATE** 29[th] November 2021 

## **OBJECTS** 

1a) Furtherance of the Christian religion by the provision and maintenance of a place for the public worship of God for use by partners, members and attendees of the church; and 

1b) The promotion of other charitable purposes in accordance with the statement of faith of the church for the time being 

2) The land identified in Part 2 of the schedule to this scheme must be retained by the trustees for use for the objects in clause 1.2. 

**CORRESPONDENCE ADDRESS** 77 The Strand Worthing West Sussex BN12 6DR **PRIMARY BANKERS** Unity Trust Bank plc Four Brindleyplace Birmingham B1 2JB 

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## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024** 

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 year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is also not required as the CIO was not operational. All activity was in the charity (1134489) for which separate accounts have been produced and independently examined. As of 31 December 2024, all funds and assets were transferred to the new entity to start operating from 1 January 2025. 

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## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024** 

|**Notes**<br>**INCOME AND ENDOWMENTS FROM:**<br>Donations & Legacies<br>Investment Income<br>Charitable Activities<br>Other Income<br>**TOTAL INCOMING RESOURCES**<br>**RESOURCES EXPENDED**<br>Costs of Charitable Activities<br>Raising Funds<br>**TOTAL RESOURCES EXPENDED**<br>**NET INCOME/ (EXPENDITURE)**<br>**TRANSFERS BETWEEN FUNDS**<br>**NET MOVEMENT IN FUNDS**<br>TOTAL FUNDS BROUGHT FORWARD<br>**TOTAL FUNDS CARRIED FORWARD**|Unrestricted<br>Restricted<br>Designated<br>**Total**<br>**Prior**<br>Funds<br>Funds<br>Funds<br>**2024**<br>**Year**<br>£<br>£<br>**£**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|
|---|---|
||**-**<br>**-**<br>**-**<br>**-**<br>**-**|
||-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|
||**-**<br>**-**<br>**-**<br>**-**<br>**-**|
|||
||**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|



- 

- 

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## **BALANCE SHEET AS AT 31 DECEMBER 2024** 

|**Fixed Assets**<br>Notes<br>Tangible Assets<br>**1**<br>**Current Assets**<br>Debtors & Prepayments<br>Cash at bank and in hand<br>**4**<br>**Total Current Assets**<br>**Creditors:**due within one year<br>**5**<br>**NET CURRENT ASSETS**<br>**TOTAL ASSETS**less current liabilities<br>**Creditors:**due in more than one year<br>**6**<br>**NET ASSETS**<br>**FUNDS OF THE CHARITY**<br>General Funds<br>Restricted funds<br>**2**<br>Designated Funds<br>**3**<br>**TOTAL FUNDS**|Unrestricted<br>Fund<br>£<br>Restricted<br>Funds<br>**Total**<br>**31-Dec-24**<br>**£**<br>**Total**<br>**31-Dec-23**<br>**£**<br>315,598<br>-<br>315,598<br>-|
|---|---|
||**315,598**<br>**-**<br>**315,598**<br>**-**|
||-<br>-<br>-<br>-<br>193,875<br>28,374<br>222,249<br>-|
||**193,875**<br>**28,374**<br>**222,249**<br>**-**|
||3,333<br>-<br>3,333<br>-<br>190,542<br>28,374<br>218,916<br>-|
||**506,140**<br>**28,374**<br>**534,515**<br>**-**<br>-<br>-<br>-<br>-|
||**506,140**<br>**28,374**<br>**534,515**<br>**-**|
||505,806<br>-<br>505,806<br>-<br>-<br>28,374<br>28,374<br>-<br>334<br>-<br>334<br>-<br>**506,140**<br>**28,374**<br>**534,515**<br>**-**|



## **INVESTMENTS** 

The CIO held no investment assets during this or the previous financial period. 

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## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024** 

## **1. FIXED ASSETS** 

|**Cost**<br>At 1 January 2024<br>Additions transferred from Charity<br>Disposals Gain/ (Loss)<br>At 31 December 2024<br>**Accumulated Depreciation**<br>At 1 January 2024<br>Transfer of accumulated depreciation<br>Disposals during year<br>At 31 December 2024<br>**Net Book Value**<br>At 31 December 2024<br>At 31 December 2023|Computers &<br>Equipment<br>Fixtures &<br>Fittings<br>Land &<br>Buildings<br>**2024**<br>£<br>£<br>£<br>£<br>21,969<br>27,086<br>594,854<br>643,909|
|---|---|
||21,969<br>27,086<br>594,854<br>643,909|
||(16,077)<br>(14,982)<br>(297,252)<br>(328,311)|
||(16,077)<br>(14,982)<br>(297,252)<br>(328,311)|
|||
||5,892<br>12,104<br>297,602<br>315,598|
|||



The annual commitments under non-cancelling operating leases and capital commitments are as follows: 

31[st] December 2024: None 

31[st] December 2023: None 

## 2. **RESTRICTED FUNDS** 

|.<br> <br>Mission Funds:<br>Missions Distribution Local Fund<br>Amplifying Voices<br>Arab World Ministries Fund<br>Emmanuel Ministries Fund<br>Pursuit International<br>Tearfund<br>Care Fund<br>Ladies Fellowship Fund<br>Lucy Clay Fund<br>Mind Body and Soul Fund<br>Parish Nursing Project Fund<br>Restricted Gifts<br>Strand Building Fund<br>Tots and Tinies Fund<br>Youth Fund<br>Women's Special Events Fund<br>Total Restricted Funds<br>3.<br>**GENERAL AND DESIGNATED**<br>**FUNDS**<br>Men’s Special Events Fund<br>Total Designated Funds<br>General Funds<br>**Total unrestricted funds**|**Balance**<br>**01-Jan-24**<br>Income<br>Expenditure<br>Unrealised<br>Gain/Loss<br>Transfer<br>**Balance**<br>**31-Dec-24**<br>£<br>£<br>£<br>£<br>£<br>£<br>-<br>-<br>-<br> 16,446<br>16,446<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>288<br>288<br>-<br>-<br>-<br>3,159<br>3,159<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>2,996<br>2,996<br>-<br>-<br>-<br>893<br>893<br>-<br>-<br>-<br>185<br>185<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>4,133<br>4,133<br>-<br>-<br>-<br>50<br>50<br>-<br>-<br>-<br>13<br>13<br>-<br>-<br>-<br>211<br>211|
|---|---|
||-<br>-<br>- <br>-<br>28,374<br>28,374<br>**Balance**<br>Unrealised<br>**Balance**<br>**01-Jan-24**<br>Income<br>Expenditure<br>Gain/Loss <br>Transfer<br>**31-Dec-24**<br>£<br>£<br>£<br>£<br>£<br>£<br>-<br>-<br>-<br>-<br>334<br>334|
||-<br>-<br>- <br>-<br>334<br>334<br>-<br>-<br>-<br>-<br>505,806<br>505,806<br>**506,140**<br>**506,140**|



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## **4. CASH AT BANK AND IN HAND** 

|Scottish Widows 90 Day Savings Account<br>Pleo Charge Card<br>Community Café Cash Float<br>Unity Trust Bank – Current Account<br>Unity Trust Bank – Deposit Account|**Unrestricted**<br>**Funds**<br>**Restricted**<br>**Funds**<br>**Designated**<br>**Funds**<br>**Total**<br>**31 Dec 24**<br>**Total**<br>**31 Dec 23**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>79,982<br>-<br>79,982<br>-<br>1,129<br>-<br>1,129<br>-<br>40<br>-<br>40<br>-<br>19,376<br>(11,783)<br>313<br>7,906<br>-<br>93,014<br>40,158<br>21<br>133,193<br>-|
|---|---|
||193,541<br>28,374<br>334<br>222,249<br>-|



## **5. CREDITORS AND ACCRUALS – AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|Youth & Children<br>Independent Examiner’s Fee|**Unrestricted**<br>**Funds**<br>**Restricted**<br>**Funds**<br>**Designated**<br>**Funds**<br>**Total**<br>**31 Dec 24**<br>**Total**<br>**31 Dec 23**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>2,259<br>-<br>2,259<br>-<br>1,074<br>-<br>1,074<br>-|
|---|---|
||3,333<br>-<br>-<br>3,333<br>-|



## **6. CREDITORS AND ACCRUALS AMOUNTS FALLING DUE IN MORE THAN ONE YEAR** 

The CIO held no long-term liabilities during this or the previous financial period. 

## **7. REVIEW OF CIO FINANCIAL POSITION AT THE END OF THE YEAR** 

General & Designated Funds £506,140 Restricted Funds £28,374 Bank Account £222,249 

## **8. TRUSTEES AND OTHER RELATED PARTIES** 

No payments were made to trustees or any persons connected with them during this financial period. No transactions took place between the organisation and a trustee or any person connected with them. 

## **9. PUBLIC BENEFIT** 

The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. When the CIO becomes operational in 2025, details of how the charity has achieved this will be provided in the Trustees' report. Maybridge Community Church currently operates as a charity (1134489) and the details of how the Trustees pay due regard to the Charity Commission guidance on public benefit, before deciding what activities the charity should undertake, are contained in those charity accounts. 

## **10. POST BALANCE SHEET EVENTS** 

The CIO was not operational during the year. All activity was in the charity (1134489) for which separate accounts have been produced. On 1[st] January 2025 the CIO was fully operational as all activity was transferred from the existing charity (1134489) to the CIO (1196830) on 31[st] December 2024; this includes staff that were transferred under TUPE to the CIO. A vesting document has transferred all the assets, including the cash and buildings, to the new CIO. 

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