Charity Registration No. 1197518 KIt¥G'S CHURCH SOUTHAMPTON UP4AUDITED FIIYANCIAL STATEMENTS FOR THE PERIOD ENDED JI DECEMBER 2024
KING'S CHURCH SOUTHAMvroiy CONTENTS OFTHE FIYAliC.l.Ai. sfATEMENTS For the eriod ended 31 December 2024 Tn2St Information Report of the TrLlSte¢s Independent Examiner's Report .8tatement of Financial Activities Balance Sheet 10 Notes to the Finaneial Ststem¢nts
KING'S CHURCH SOUTHAMIryON CHARITY INFORMATION For the eriod en(led 31 December 2024 TRUSTEES: R tA)uglas B Larder P Dennis Dwarn M Towers TREASURER: Mr A McEuen REGISTERED CHARITY NUMBER: 1197518 CHARITY ADDRESS.. Kings Chh Centre 414 Coxford Ro&1 Lordswood Southampton Hampshire S016 5LL E-MAIL WEBSITE infcethkings-soton.org.uk www.kings-soion.org.uk INDEPENDENT EXAMINER: C Dosmond FCCA Stone osmond Limited 75 Bournemouih Road chandle Ford EASTLEICJH S053 3AP BANKERS.. Co-operative Bank PLC MANCHESTER M604EP SOLICITORS: Rulter and Rutter Solicilors St Audreys WINCANTON Somerset BA9 9DR
KING'S CHURCH SOUTHAMPTON REPORT OF THE TRusfEES For the nod ended 31 December 2024 The trustees present their report and finan¢ial ststements for the period ended 31 December 2024. The financial staiemenls have been prepared in accordanc¢ with the a¢counling policies set on pages I1- 12 and comply with the charity s governing documcnt and applicable law. The charity changed from a Charitable Trusl (charity number 1028785) to tlie current Charitable Incorporated Organi5ation (CIO) on 1st September 2024. The charity nam< charitable objectives and trustees remained the same. The old charity was closed on 4th December 2024 and the Charity Commission have confirnied that this has been removed from its register. This Trustees, Annual Report presents inforniation for the new CIO (charity number 1197518), covering the period Isi September 2024 10 31s1 D¢¢ember 2024. Objectives and *ctivities Objectives of the ¢bgrily The objectives of ihe church. as defined in the CIO constitution documerkL are.. l. The advan¢emenl of the Chrisiian religion in the Uniied Kingdom and overseas in accordance with ihe statemeni of faith produced by the F.Y&ngelical Alliance. 2. The advancement for the public benefit of education both general and vocational for children or adults bul always within Ihe principles ofihe Christian faiih. 3. To relieve people who are in ch8rsiable need because of: a) sickness or poor health. b) age; c) financial hardship. or d) some other reason. Review of the aetivitiu of the charity A revicw of activities associ&ted with the main expenditure heIng$ in the charity's financial statement is given lOw. Staff c alarie The church is led by a Leadership Team. with the overall team leader paid lo work for the church the equiVent of three days a week. The teaJn also include5 a self-employed adminisirator {see Administrative costs below). with the remainder of the team serving as voILinteers. A part-time Café Manager is employed on a rolling one year fixed tenn contra¢t to run the ¢hur¢h's community café (Café 153). which is ottn two days a week on Fridays and Satiirdays. Thc church also employs a part-liwwte Caretaker to look after the church building (the King's Church Centre).
KING'S CHURCH SOUTHAMIryON REPORT OF THE TRusfEES For the eriod ended 31 Deeember 2024 In 2024 the church also employed a rnini5try trainee on a part-iime I I month ¢onlract running to 31 X July 2025 to work with young people in the church and also with the separate ¢harity Young Life Southampton. Minist ex ns The majority of the ministry activities of ihe church are undertaken by church members on a voluntary basis. Sunday church services are held in ihe King's Church Centre. and these Can also accessed online via Zoom. There is a midweek youth group meetin& and the Sunday services include Variol children'5 activities. Weekly pastoral and leadership prayer meetings are held in ihe Church Centre on Monday and Tuesday mornings. and a wider church prayer meeting is held on Tuesday evenings. A Bible 8iiidy group meets on Monday afternoons, and Disciplesliip groLIP5 are periodically run on Thursday evenings. Family home groups, known as"Life GroLlPS". are an integrnl part of church life. Every member of church is aiia¢h¢d to a Lif¢ Groiip. and the church meets as separate Life Groups on the lasi Sunday ofihe monili. These groups provide a framework for fellowship and pastoral care. whilst creating optx)flunities for a range of social and ouireaeh Activilies. The ¢hur¢h ¢arri¢s out a range of outreach activilies in tlie local coinmunity of Lordswood. A weekly craft group (Make il Monday) meets on Monday mornings. and a ladie5 coffee morning is held on Thursday momings. Once a monih a Memory Café is held on Wednesday afternoon% for ihose wilh memory pmblems. their carers. and households living with dementia. One 1-hursday a month the church hosts an Intergenerational Friendship Club bringing logeiher Childn and siaff from a I1 s¢hool and older people in ihe local Community. pIl service user5 of the charity Communicare in Souihampion. A small Ec Ch(Irch groLlP meets mosi Satiirday mornings. wilh aciivilies including promoting recyclin8 and litter picking in the local area. Christmas community evenis included a children's Christmas Fun Day. and an annual Christmas m. An Outreaeh Team nins Alph& courses &1 the King's Church Centre to enable people to explore the Christian faith in a welcoming and friendly environmenl. and al80 performs some home visits io support people in need in the local community. A member of ihe cliurch is Chaplain ai ihe nearby Rosewwd School for severely disabled children. The church has a pastoral fund to provide some financial support io 0p[e connected with ihe church in c&8e5 where the Leadership Team decides that help is nccdcd. Café 153 a minis lo the Ial wmmuni The chlirch runs a community café in the King's Church Centre {Café 153) which is open between 08-.IK> and 13..00 on Fridays llnd Saturdays. It provides a meeting place for the community in the Lordswood area of Southampton. with a particular focus on the lonely and elderly. The church employs a part-time Café Manager to run the café. and 3 additioiial voluntary staff are nomially present whenever ihe café is On. Income generated by the café covers most of its running costs and the Cafe Manager's sa]ary. with the balance met by a subsidy from church gener funds. Donations io missions The church has contin[d its policy of donating a sum equal io 01 l¢ast 250/0 of its incornc to mission. These donations cover giving to persons and organi5ations working on tnissionary projects outside of the chur¢lL many of which are overse&5. However. to ensure good govemance. when giving to work ouLside of ihe UK the church has a wlicy of giving funds
KING'S CHURCH SOUTHAMvfoN REPORT OF THE TRuEEs For the erTrod ended 31 December 2024 only through UK-b&sed charities which have the infraStrucne and resources io ensure that these funds are properly utilised. Including both unrestricted and restricted income. a total of £1 i,734 wa5 given to mission in the 4 months from 1° September 2024 10 31° December 2024. Major iiems of expenditure are described in ihe following paragraphs. Southampton and the UK: Local charities supported included: Southampton City Mission for their schools Ininistry (£400) and food bank1£2.400). the Hazel Project - a ministry that provides friendship. suppon and for Ihe vulnerable sireei homeless in Southampton (£1.200). an outrea¢h organisation Miracle Sireei (£400), and an organisalion befriending foreign students at SoLlthampton and Winchester Universities {Friends International £800). A one-off gift of £500 waq 8iven lo Young Lif¢ Souihampion. Europ¢: Support was given io a retired missionary couple now involved with evangelical ¢hiirch¢s in Ireland (C & G Thomas, £ 1,000). After giving the couple l year'5 notice. thi5 support will cease in 2025. The r¢st of the world: The church coniinued (o provide significant support to a charity working with ehildren. orphans and widows in ihe DR Congo (ASDIG), including providing flind5 to pay teachers, salaries in a local school {£4.1741. This charity is run by tlie wife of Ilie former Anglican Bishop of Gom4 and direct support w&$ also provided to her IC Muhindo. £I.000). FLinding was also given lo Child of Hope Uganda (£1.160), to a charity working with disabled children in Thailand (For Life Trusi Thailand £800). and In a charity runi)ing muliiple childcare. hcalth and education projects in China (Vision for China £4001. One-off gifts were given to Tearfund (£500 for their Middle Easl Emergency Appeal). Flanie International {£500 for Iheir work training volunteer military chaplains in Ukraine). and to 8 church member going on a shon rem) mission wilh Flame Inierna¢ional to Uganda1£500). ¢0 ui meni The chUh has ils own building. the King's Church Centre. which is used for Sunday church services. midweek activities. and ihe community eafé. Premises costs included buildin8 mainienance work. utililies and buildings insurance. Administrative costs The church contracts a selfomployed adminisirdtor {who is ihe wife of a TrLL8tee) to provide services ¢overing all adminislration activities in the church. The cost of these services is charged lo the church on an hourly basis. This arrangement provides the mosl flexible and costoffective solution io Meing church administrdlion requirements. Govern Governance costs were limiied to accountant's fees for the indertndent examinalion of the church's annual accounts &s required by the Charity Commission. and solicitor's fees. No trustee re¢eiYed any paymeni or expenses frorn the charity. Aehievements and performance The following bullet points SUmTnarise the main achievements of the charity in the period 1° September lo 31 * December 2024..
KING'S CHURCH SOUTHAMPTON REPORT OF THE TRiisfEES For the eriod ended 31 December 2024 Conlinuing Slinday church services, including children's activities, IK>th in person in the Church Centre and on Z(M)m. and also providing midweek activitÉeg, intluding a bible study and three church prayer meeiings. praying for the needs of people in the church and in the local community, and for world issues. Maintaining Life Groups to provide close fellowship and pastoral support for people in the church. and also to ¢reat¢ new flexible opp)rtuniiies io reach out lo friends, neighboLirs and work colleagues. Coniinulng to develop initialives to outaCh to, and pmvide friendship and support for. people in the local community. including running Alpha ¢ourses, the chuTcI)'s community café (Café 153). a weekly crdft group and ladies coftee moming. monthly Memory Café. a monthly lnErgeratiOnaI Friendship Club. and community Christmas events. Providing significant financial suppori to various mission organisations. both locally and overseas. Finaneiil review A totAI of £88.841 was trdnsferred to the CIO from the old Chftriiable Tnjst (charity niimber 1028785) thai was closed on 31° Augusr 2024. £88.626 was from unresirieted furmls aiid £21 S from resiricied funds. The church's total income for the period I si September 10 3 1st December 2024 was £48.642. of which £44.107 was general income and £4.535 was restricied income. The total expenditure for ihis period was £55,054, of which £50.097 general exnditUre and £4.957 was restricted expenditure. The total funds at the end of 2024 were £82.430 of which £82,175 were general funds and £255 were resiricied fLinds. The chLirch finances are regularly monilored by the Church Treasurer. who produces a onthly financial SLimmary for the Leadership Team and Truslee5, and which is reviewed at Trustees, meetings. The Chari lic on reserves It is the policy of ihe charity to maintain unrestricted fijnds. which are the free reserves of the ¢hariiy. Ai a minimum level of £25.000. This sum is ¢onsidered lo provide a sufficient buffer to enable the required action to be taken tts COrrt any downwwd trend in the funds before this could impact the on-going viability of the charity- Structiire? governanee and management Governin d(Kument The Charitable Incorporated Organisaiion (CIO) constitution document. How the chorit is ¢on5tituted The charity is a Charithble Incortx>raied Organisation.
KING'S CHURCH SOUTHAMwfoN REPORT FTHETR STEE nod ended 31 December 2024 anisational structure overnance arKI man ement of the chari The chUh Leadership Team has over1 reswnsibility for the church and Any decisions relating to it. The team has eleven members. one of whom is paid to lead the church on a part- time basis, and another is contracted lo provide adminisirdlion services as required. Three of the non-paid members are oiso Trusiees, one being ihe Chair of Trustees. The Leadership Team meets every two weeks. The Leadership Team agrees the annual church budget and approves decisions on expenditure of church finances {subject to lh¢ m8inl¢nan¢¢ of adequate reserves. which 8r¢ deterniined in consultation wilh rhe Trustees). There are currently five Trustees. who meet on a quarterly b&sis to review tl)e charity's activities. financ¢s. policies. and any personnel issues. including recwiimeni. Addilional Trustees, meetings ar¢ arranged if there are SFecific issues requiring iheir aitention. Based on a recommendation from the exisiing Trusiees, new Trustees are appointed al a meeiing of the Leadership Team of the church. with the appointment being recorded in the minutes of the meetin8. A Finance Team is reswnsible for the management of the church'q finances. This team normally meets on a qLthrterly basis lo review the status of ihe church finance5 against the budget, and to make recommendations to the Leadership Team on churcli expenditure. The Finance Team is chaired by a non-paid member of ihe Leadership Team. who is also Trust¢¢. and inclLides ihe Church Treasurcr, who is responsiblc for the day-to-day administration of the church finance5. The annual church accounts are made available to all regular attendee5 of ihe church. Church fttlendees are consLilted on any significant pmposals for changes or new initiatives from the l.eadership Team. or if there are any significant finan¢i&l issues ihai the church needs to be made aware of. A Personn¢l Team. chaired by a non-paid member of ihe Leadehip Team. who is also a Twstee. meets when ne¢¢ss8ry. bui al leasi iwice a year. The ieam is responsible for all personnel iSSLies relating io paid employees of Ihe chLirch and, on an annual basi5, makes written re¢ommendation to Church tnember5 on change5 to churrh employees, salaTie5 and employcr pension contributions. After allowing three weeks for feedback. Ihe Personnel Team makes a final decision on these items. The team does not include any paid employees. An Outreach Team, chaired by a member of the Leadership Team. meets regularly to plan outreach evenis for the local community. A Mission Team. which includes three members of the L£adership Tewn. meets every two to three months to overye and pray for Ihe church's links with. and financial support of, personnel and organisations involved in extemal mission work, both in the UK and overseas. The Mission Team makes decisions on the expeThJilure of the churth's mission budget. One of the Trustee5. who is not part of the Leadership Team (and thefOre maintain5 independence from that team). is the Safeguarding Offirer. Th¢ Safcguarding oificer 15 responsible for safeguarding Irdining and regular reviews of safeguarding policy and procedures. and uses the independent organisation thirtyone.'eight for safeguarding supporL guidanc¢ material and training. The Safeguarding Officer provided Safeguarding refresher training for ihe DBS-checked people in the church in February 2025, and maintains a re8lSter
KING'S CHURCH SOU'I'HAMrfoN REPORT OFTHE TRuE£s For the riod ended 31 December 2024 of people who have completed the trainin& and a]50 a regisier of people who have read. and agreed to abide by. the Code of Conduet atMI On-line Safety policy. Relaiionshi with other ¢hariiies and or anisations The church has informal links with a nuInr of other Christian organisations and churches. but is noi part of any wider church neiwork. The church has no formal relationships with any ot]ier charilies or organisations. However, it ¢O-operates on an infornial basis wilh other churches and Christian organisations in the pursiiit of its ¢hariiable objectives. These include other churches in Sollthampton. plus local, national and Internation charities, and missionary organisaiions. Risk anal The Trustees have examined the potential risks which the charity faces and have ensured that Measur lo minimise these risk5 have been put in place. Statement ofTrustees' Res nsibilities Charity law requires the tn]stees to prepare financial statements for each financial year which give a irue and fair view of ihe stale of affairs ofihe charity ai ihe periThl end and of its incoming resources and resoiirces expendeAJ during ihai period. In preparing those financial statements. the truslees are required io.. seleci suitable accounting p)licies and apply them consistenily. make jiidgements and estimates ihai are reasonable and prudent. follow Ihe recommendalions ofihe Charity Commission and of the accounting profession wilh ihe forn) and contenis of ihe financial slalements, or to disclose and explain any departures there from. prepare the financi statements on a going con¢em basis. The trustees are responsible for keeping acrounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable ihem to ensure that the financial statements comply with the Charities Act 2011. They are a150 respoiisible for safeguarding Ihe assets of the charily and hence for iaking reasonable sieps for ihe prevention and deieetion of fraud and other irregularilies. Approved on behalf of the trvstee5 Bythec in 8../7/z¥ Date
KIiYG'S CHURCH SOUTHAMPTON jNDEPETr+DE,T EXAMIYER'S REPORT For the eriod ended 31 December 2024 I report on the finan¢ial state1new of the charity for the period ended 31 December 2024 which are set out on p&g¢s 9- 18. Respective responsibilities of trustees And eLgminer The Charity's twstees are responsible for the preparation of the accounts. The charity's tTU5tees consider that an audit is nol required this periThl under se¢lion 144 of the Charilies Act 2011 (the 2011 act) It is my responsibility lo.. examine the COuntS under section 145 of ihe 2011 Act- to follow procedures laid down in the General Dire¢iions given by the Charity Commission under section 14515)(bl of the 2011 ALI. and 10 slate whether particular matters have come to my attention Basis of independent examiner's report My examination was carried in accordance with the General Directions given by the Charity Commi55ion. An examination includes a review of ihe accounting records k¢pl by the charity and a comparison of ihe accounts presented wilh those records. li also includes consid¢ralion of any unusual items or disclosures in ihe accounts, and the seeking of explanations froin you 85 Irusiccs conceming any such mailers. The procedures undertaken dn not provide all the evidence ihat woiild be required in an audit and. consequently. no opinion is given as to whether the accounts preseni a Iru¢ and fair view" and (he report is limited to those matters set out in Ihe slatement below. Independent examinen Stittment In ¢onne¢lion with my examination. no matter as come to my allention= which gives me reasonable cause lo believe that in any material respeet, the requirements.. To keep accounting records in accordanee wilh tiOn 130 of the Charilies Act 2011.'and To prepare accounts which accord with the accounting records and io ¢omply with the accouniing requirements of the Charities Act 2011 have not been met; or to which. in my opinion, attention should be drawn in order to enable a proper understanding of the financial stalements lo be reached. C D Osmond FCCA Stone Osrnond Ltd 75 Bournemouih Road Chandlers Ford Eastleigh Hants S053 3AP -111
KING'S CHURCH SOUTHAMPT0Tr4 STATEMENT OF FINAIY CIAL.4CTIVITIES For the eriod ended 31 De¢ernber 2024 Note UD- Restricted Funds Restricted Total 2024 Incoming Resources: Transfer of funds from Kings Church Charitable Trust Incoming TeSOUTces frorn generated funds Voluntary Income Invesimeni Income Incoming resources from charitable a¢livilies Other incoming resources 88,626 215 88.841 36.693 585 4.051 40,744 585 5.909 921 484 6.393 921 Total ineome resources 132,734 137.484 Resourees expended Chariiabl¢ a¢iivili¢s 50.097 4.957 55.054 Totsl resources expended 50,097 4.957 55.054 Net incomingl{outgoing) resources before transfers 82.637 207 82.430 Gross transfers between funds 14 462 462 Net movement in funds 82,175 255 82.430 Total funds brought forward Total funds being carried forward 82,175 255 The notes foTTn part of ihese fitwJcia] aternCnts.
KINC'S CHLRCH SOUTHAmoN BALANCE SHEET For the eriod ended 31 Deeember 2024 2024 Nole Fixed assets Tangible assets li 7.104 Current assets Debtors CELsh al bank and in hand 12 2.488 79.106 Creditors Amounis falling due within one year 13 Net eurrent assets 75.326 Net Assets 82.430 Funds Reslricled funds Unresirieted funds 255 82.175 82.430 The financial statemenis were approved by the Board of Tnle¢S on and were signed on its behalf by.. tee The notes forn) part of these financial Statements. 10
KING'S CHURCH SOUTHAlr0 NOTES TO T14E FINANCIAL STATEMENTS For thc eriod enddl 31 De¢tmb¢r 2024 I Principal accounting policies a) Accounting ¢onvention The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with A¢couniing and Reporting by Charities.. Statement of RecomJnended Practice applicable to Charities preparing their accounts in accordance with the Financial Rcporting Standard applicable in thc UK and Republic of Ireland IFRS 102) issued on 16 July 2014 (as updated through Urmjate Bulletin I published on 2 February 2016). the Financi Reporting Standard applicable ITr the United Kingdom &% it applied from l January 2015. The charity ha5 applied Update Bulletin l as published on 2 February 2016 and therefore does not include a cashflow slatement in these financi statements. The financial 8iatements are prepad on a going Concem basis under the historical cost convention, modified to include certain iiems ai fair value. The financial statements are presented in sterling wliich is the functional currency of the charity and rounded io ihe nearest £1. The 8ignificani accounting policies applied in ihe preparation of these financial ateMentS are sel out below. These policies have been consistently applied to 1 periods presented unless otherwise staled. b) Incomlng re8ource8 All in¢oming reSoue$ are included on the Sialemenl of Financial Activitie5 when the charity is legally entiiled to the income and ihe amount can be quantified with reasonable a¢¢ur8¢y. Income from donaiions is re¢ogni5ed on receipi. CJift Aid recoverable on donations 1$ r¢¢ognised in the same period the donation il relate5 10. Income in relation to fees and hall rentals is recognised in Ihe period in which the service or rental is provided. c) Resources expended Resources expended are included in the Siatement of Financial Activities on an accruals b&sis. Expenses have been allocated between activities in furtherance of the objects of the cliarity and governance costs on the b&sis of the SlfIC activity to which they relate. Support costs such as salaries and office costs are not considered to make up a significanl proporlion of governance costs and as such are allocated in full to charitable activitie5. d) Tllngible fixed assets and depreci*tioD All assets costing more than £50 are capiialised and included in the financial siatemenis al hisioric cost less accumiilated depreciation. These notes fomi part of the financial statements.
KING'SCHLIRCH SOLTHAMPTON NOTF,S TO THE FINANCIAL STATEMENTS For the eriod ended 31 December 2024 Depreciation is provided on iangible fixed assets. at rdtes ca]culated to writ¢ off the cost or valu10n. less residu value, of each asset over its anticiwed useful life as follows.. Fixtures. fittings and equipment 2fv2511/0 straight lin¢ b&sis The trustees ¢onsid¢r the writing down periods are adeqUe lo reflecl the usefLbl economic lives of the assets artd therefore that no impairnient review is necessary. 2. Fund accounting a) Celleral fund The charity's general funds consisl of funds whi¢h the charity may use for its purposes at its discretion. b) Restricted funds Restrictions aris¢ when specified by the donor or when funds are raised for particular reslricled purposes. Expendilure Charged against the restricted fund represents revenue cosls incurred during the period for the purpose specified. Unrestricted Fun(L R¢stricted Funds Total 2024 3 Voluntnry income Named giving OtTerings CJift Aid tax re¢Dvered Mi.5.sion YoLlth work Other5 25.532 1.558 9,603 25.532 1,558 9.603 3.429 169 453 3,429 169 453 36,693 4,051 40,744 4 Investment infome Intert received Premises rent 385 200 385 200 585 585 These notes form part of the financial statements. 12
KING'S CHURCH SOLTHAMvfoN NOTES TO THE FIN.4ClAL STATEMENTS For the eriod ended 31 December 2024 Unre5trieted FuDds Restri¢ted Fun(ts Totsl 2024 S Incoming resources from eh*Titsble Activities Café 153 (in¢. Hampshire Open Studios) 5,909 484 6.393 5.909 484 6,393 6 Other ineome NIC rebale Sale of a$5ets Insurance settlernent Refunds 689 79 689 79 146 921 921 7 Resource8 expended Cb¥rit8ble activities Donations to misSiOn5 Café 153 Salaries ** Premises costs and equipment Adminislralive cosis Ministry expenses t)epreciation Governance 11,740 6,549 14.113 8.707 2.807 3,306 3,994 15.734 6.549 14,113 9.013 2,807 3.963 1.315 1,560 306 657 1,560 50,097 4.957 55,054 Including café manager salary ** Excluding café manager salary Total 2024 8 Staff costs Wages and salaries National insurance Pension 15.648 689 576 16.913 No employtt earned £60,000 or more The average nUMr of employee5 (full time equivalent) was These notes fom part of the financial statements. 13
KING'S CHURCH SOLTHA.MvfoN NOTF..S TO THE FINAN'CIAL STATEMENTS For the eriod ended 31 Detember 2024 Total 2024 9 C#fé 153 {a ministry to the loeal ¢ommllnity) Income Café sales Donations 5,909 484 6J93 Expenditure Café assets Salaries Consumables Other recurrent expenditure 173 2.800 3.254 322 6,549 These notes forni part of the fillancial ststements. 14
KING'S CHURCH SouTHAlPToN NOTES TO THE FINAIICIAL STATEMENTS For the riod ended 31 Decernber 2024 Total 2024 10 Donations to mis%iou$ Mission- Short-tern) Ovcrseas Mission Mission- C & G Thomas Mission- Vision for China Mission- Friends Internlonal Mission- Southampton City Mission- Schools minisiry Mission- Southatnpton City Mission- Basics Bank Mission- Young Life Mission- Mirn¢le Sireet Mission- Flame InternAtionAI Mission-. Aciion salulai pour le DeveloppemeTrt Integral de Goma {DR Congo) Mission- C Muhin(lo Mission- For Life Trust (Thailand) Mission- Child of Hope Uganda Mis5ion- Tearfund Mission- The Hazel Project 500 1,000 400 800 400 2,400 500 400 500 4.174 1.000 800 1.160 500 1,200 15.734 From unresiricled funds From restricted donations as shown in note 7 11.740 3.994 15.734 These notes forn) part of the financial statements. 15
KING'S CHURCH SOLTHAMWtON NOTES TO TTIE FINANCIAL STATEMEPITS For the eriod ended 31 December 2024 Sundry EquiptDeDt Office Equipment Cafe Eq1pment Total 11 Tangible fix¢d assets 20% SL 25¥0 SL c.ost Transfer I September 2024 Additions Disposals 7,327 12,773 8.252 489 28,352 1.400 As at 31 December 2024 7.327 13.684 8,741 29,752 Depreciation Transfer I Septemkr 2024 Charge for perii)d Disposals 6.638 96 9.888 763 4,807 456 21.333 As at 31 December 2024 6.734 10,651 5,263 22.648 Net Bnok Value A.s at 31 December 2024 593 3.033 3.478 7,104 As at 01 Sepiember 2024 All of the fixed assets are used in ihe direci furtherance of the charity's objectives. 2024 12 Dehtors Cjift Aid reclaimable Other d¢btors Prepayments 1.255 56 1.178 2,488 13 Credilon: amouDts fglliDg due wllhln one year Accnials- Independent F.xaminer5 Fees Other credit() Pre-paid income 1.560 1.020 1.200 3.780 These notes fomi part of the financial stalements. 16
KING'S CHURCH SOUTHAlrON OTESTO'fiiE FINANCIAL STATE.MENTS For the eriod ended 24 Ineoming Resources Outgoing Resources Transfers from gener81 rund At31 December 2024 14 Fund8 Reslri¢ted fullds Mlnl$try of Klng'$ Chur¢ Café 153 running costs 484 (4841 1 Missions: Action SalLltaire pour le Developpement Integral de Goma (DR Congo} Child of Hope 3.284 360 3.634 360 605 2 255 Children and Vouth Work: Youth events 169 357 188 Other5: Rct'urbishmenl of kit¢hen and Café Recycle bin Schools minisiry 128 32 3 150 175 146 300 {41 125 4 4.750 4.957 462 255 Unrestrlcted funds: General fund 132.734 50.097 (462) 82,175 Total funds 137.484 55.054 82.4.10 Café 153 in an outreach in the local community of Lordswood and from tirne-lo- time donations are received to over running costs or for the purchase of equipmei)t. As café sales are treaied as unrestricied funds and hence. all 0rating costs are as well. all designated donations are transferred to genernl funds. £605 Gift Aid on restricted donations. This is in addilion to the £540 from ihe ministry team budget. £32 Gift Aid on re51ricted donations Includes £44 Gift Aid on donations These notes forni part of the financial statements. 17
IKING'S CHLRCH SOUTHAfvivroiy NO"I"ES TO THE FINI ANCIAL sTATEmErs For the eriod ended 31 December 2024 15 Trustee Benefits The CIO pUrchd 5 years of run off cover (£252) to provide trtt8tees wilh indcJnnity agn$t any claim thai might arise from the time when we operated as a charitable trust. Th¢ charge for ihe current year is £50. 16 Related Parties *nd Controlling Entity There were no related party transxtions in the [riod. The charity is controlled by the trustees. Thc5c riotcs form part of the financial statements. 18