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2024-06-30-accounts

Charity number: 1199105

KING AND COUNTRY CHURCH

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

KING AND COUNTRY CHURCH

CONTENTS

Page
Reference and administrative details of the Charity, its Trustees and advisers 1
Trustees' report 2 - 5
Independent examiner's report 6 - 7
Statement of financial activities 8
Balance sheet 9
Notes to the financial statements 10 - 19

KING AND COUNTRY CHURCH

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 JUNE 2024

Trustees L K Williams
J Germishuys
A J Stevens
B J Verreynne
Charity registered
number
1199105
Principal office
85 Jacquard Apartments
11 Courthouse Way
London
SW18 4PQ
Accountants
Venthams
Chartered Accountants
Millhouse
32 - 38 East Street
Rochford
Essex
SS4 1DB

Page 1

TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2024

KING AND COUNTRY CHURCH

The Trustees present their annual report together with the financial statements of the Charity for the year to 30 June 2024.

Objectives and activities

a. Policies and objectives

To advance the Christian Faith in such ways as the trustees may from time to time decide.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

b. Activities undertaken to achieve objectives

The charity operates in line with its main objective, being to advance the Christian Faith, mainly in the ongoing provision of church services and activities to the local community in London and Hertfordshire. In line with our objectives we are able to further support the sharing of God's word throughout the UK and the world by supporting our church members and associates working for organisations and whilst on missions.

Achievements and performance

a. Main achievements of the Charity

In 2023 till 2024, the charity undertook a wide range of activities in pursuit of its main charitable objective, to advance the Christian Faith. Through the activities of the church the charity continues to support the wider Christian Church, both in the local community, nationally and internationally. The trustees consider these activities, detailed below, to be beneficial to the church membership and the wider local community in Wandsworth and Hertfordshire.

Employ part time Pastoral Assistant

In this year we were able to employ someone as a pastoral assistant to assist the church with pastoral care and administrative responsibilities.

Religious Activities

Weekly Church Services

The church holds a weekly Sunday service at two venues. One was held on Sunday afternoons in Earlsfield, but has moved to Sunday Mornings in Putney as of early 2024. The other is in Stevenage on Sunday mornings. Everyone is welcome to attend these meetings and share in the life of the church, including prayer, worship and the message of the gospel. The service may also entail other activities associated with the Christian Faith e.g. communion.

Special Services

The church periodically holds special services to celebrate events in the Christian Calendar, at which everyone is welcome; most notably Easter and Christmas including a public Carol Service in Old Burial Ground, Garratt Lane, Wandsworth and St Nicholas Primary school in Stevenage.

Prayer

The church started a weekly, in person, prayer meeting in Wandsworth and Stevenage. These provide opportunity to pray for a wide range of issues, from local to international level.

Page 2

KING AND COUNTRY CHURCH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

Achievements and performance (continued)

Community Groups

Outside of the main church services the church meets on a weekly basis in smaller, less formal groups for discussion, teaching, worship, prayer and social events. These meetings are a good opportunity to build relationships and develop a greater understanding of the Christian Faith. Growing relationships and community is at the heart of what the small groups are intended to do therefore we named them community groups.

Men’s and Women’s Ministries

During the year the church provided opportunities for men and women in the church to meet together for fellowship and to grow in faith, through a series of meetings and weekend events.

Tithes

We believe that tithing is the practical and consistent way that we put God first in our lives. As a church we make a financial donation/tithe, based on a percentage of our income, to Four12 Global with whom we relate in respect of apostolic oversight.

National and International Missions

We continue to financially and spiritually support members of the church in pursuit of overseas mission trip where opportunity presents and make regular financial contributions to support Christian projects and missions inside and outside the UK. The charity continues to support the work of church staff members who regularly visit partnering churches part of the Four12 Global field to encourage membership and leadership

Youth Group

A weekly meeting for young people in the church and from the community where they can enjoy friendship and grow in the Christian faith in a safe environment.

Children’s Ministry

During this year as the church grew we saw the need to start a children’s ministry. Providing a safe and fun environments for children to learn about the Christian faith.

Community Activities

Page 3

KING AND COUNTRY CHURCH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

The trustees consider that they should hold reserves, of at least three months' running costs as a buffer in the event of the income being reduced due to unforeseen circumstances. Ther reserves were £95,390, which is comfortably in excess of the target of £26,991.

c. Principal funding

The financial resources of the church are, to a large extent, given by the church members. Total unrestricted fund income amounted to £112,754 (2023: £157,615). The total expenditure was £107,965 (2023: £67,014), resulting in a surplus of £4,789 (2023: £90,601).

Structure, governance and management

a. Constitution

King and Country Church is a registered charity, number 1199105, and is constituted under a CIO Foundation.

b. Methods of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the CIO Foundation.

c. Organisational structure and decision-making policies

The trustees are responsible for setting strategies and policies and for ensuring that these are implemented.

d. Financial risk management

The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Page 4

KING AND COUNTRY CHURCH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

Plans for future periods

Mission Trips

The church has the intention to support members’ desire to partake in mission trips. Where individual people may suffer from low income, at times the church may see it suitable to support financially.

Conferences

King and Country Church intends to partake and host conferences with both UK/British Isle Churches as well as with the Four12 Global organisation. In the past the Trustees have financially supported the pastor and others involved in leadership positions and wish to continue doing so in the future.

Statement of Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the CIO Foundation. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

J Germishuys Trustee

Date: 6 April 2025

Page 5

KING AND COUNTRY CHURCH

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2024

Independent examiner's report to the Trustees of King and Country Church ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 June 2024.

Responsibilities and basis of report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Page 6

KING AND COUNTRY CHURCH

INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

Independent examiner's statement

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed: Dated: 7 April 2025 Stuart Harrison FCA

Venthams

Chartered Accountants Millhouse 32 - 38 East Street Rochford Essex SS4 1DB

Page 7

KING AND COUNTRY CHURCH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024

Note
Income from:
Donations and legacies
3
Investments
4
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
Year ended
30 June
2024
£
111,837
917
112,754
107,965
107,965
4,789
90,601
4,789
95,390		 Total
funds
Year ended
30 June
2024
£
111,837
917
112,754
107,965
107,965
4,789
90,601
4,789
95,390		 Total
funds
Period ended
30 June
2023
£
157,496
119
157,615
67,014
67,014
90,601
-
90,601
90,601

Page 8

KING AND COUNTRY CHURCH

BALANCE SHEET FOR THE YEAR ENDED 30 JUNE 2024

Note
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within one
year
13
Net current assets
Total assets less current liabilities
Total net assets
Charity funds
Restricted funds
14
Unrestricted funds
14
Total funds		 2,438
91,266
93,704
(1,985)		 2024
£
3,671
3,671
91,719
95,390
95,390
-
95,390
95,390		 1,934
87,101
89,035
(1,737)		 2023
£
3,303
3,303
87,298
90,601
90,601
-
90,601
90,601

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

J Germishuys (Chair of Trustees) Date: 6 April 2025

Page 9

KING AND COUNTRY CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

1. General information

King and Country Church CIO is an unincorporated charity registered in England and Wales, registration number 1199105. Its principal office address is 85 Jacquard Apartments, 11 Courthouse Way, London, SW18 4PQ.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

King and Country Church meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

Page 10

KING AND COUNTRY CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

2. Accounting policies (continued)

2.3 Expenditure (continued)

All expenditure is inclusive of irrecoverable VAT.

2.4 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.5 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment - 25%
Other fixed assets - 25%

2.6 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.7 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.8 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

Page 11

KING AND COUNTRY CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

2. Accounting policies (continued)

2.9 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.10 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.11 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Investment income, gains and losses are allocated to the appropriate fund.

3. Income from donations and legacies

Donations
Total 2023		 Unrestricted
funds
Year ended
30 June
2024
£
111,837
157,496		 Total
funds
Year ended
30 June
2024
Total
funds
Period ended
30 June
2023
£
£
111,837
157,496
157,496		 Total
funds
Year ended
30 June
2024
Total
funds
Period ended
30 June
2023
£
£
111,837
157,496
157,496

4. Investment income

Unrestricted
funds
Year ended
30 June
2024
£
Investment income - local cash
917
Total 2023
119		 Total
funds
Year ended
30 June
2024
Total
funds
Period ended
30 June
2023
£
£
917
119
119		 Total
funds
Year ended
30 June
2024
Total
funds
Period ended
30 June
2023
£
£
917
119
119

Page 12

KING AND COUNTRY CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

5. Analysis of grants

Grants, Advance the Christian Faith
Total 2023		 Grants to
Institutions
Year ended
30 June
2024
£
12,714
5,475		 Grants to
Individuals
Year ended
30 June
2024
£
1,400
2,600		 Total
funds
Year ended
30 June
2024
Total
funds
Period ended
30 June
2023
£
£
14,114
8,075
8,075		 Total
funds
Year ended
30 June
2024
Total
funds
Period ended
30 June
2023
£
£
14,114
8,075
8,075

The Charity has made the following material grants to institutions during the year:

Name of institution
Christian Life Centre Horsham CIO
Four12
Oxygen Life Church
Living Hope Church
Lighthouse Family Church UK		 Year ended
2024
Period ended
2023
£
£
500
250
9,014
2,825
-
2,400
1,700
-
1,500
-
12,714
5,475
12,714
5,475		 Year ended
2024
Period ended
2023
£
£
500
250
9,014
2,825
-
2,400
1,700
-
1,500
-
12,714
5,475
12,714
5,475
5,475
5,475

6. Analysis of expenditure on charitable activities

Summary by fund type

Advance the Christian Faith
Total 2023		 Unrestricted
funds
Year ended
30 June
2024
£
107,965
67,014		 Total
Year ended
30 June
2024
Total
Period ended
30 June
2023
£
£
107,965
67,014
67,014		 Total
Year ended
30 June
2024
Total
Period ended
30 June
2023
£
£
107,965
67,014
67,014

Page 13

KING AND COUNTRY CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

7. Analysis of expenditure by activities

Advance the Christian Faith
Total 2023		 Activities
undertaken
directly
Year ended
30 June
2024
£
92,123
56,965		 Grant
funding of
activities
Year ended
30 June
2024
£
14,114
8,075		 Support
costs
Year ended
30 June
2024
£
1,728
1,974		 Total
funds
Year ended
30 June
2024
Total
funds
Period ended
30 June
2023
£
£
107,965
67,014
67,014		 Total
funds
Year ended
30 June
2024
Total
funds
Period ended
30 June
2023
£
£
107,965
67,014
67,014

Analysis of direct costs

Advance the
Christian
Faith
Year ended
30 June
2024
£
Staff costs
44,733
Depreciation
880
Ministry expenses
25,527
Rent
12,736
Insurance
366
Repairs and maintenence
758
Telephone
980
Computer
1,999
Travel
3,721
Printing, postage and stationery
352
Bank charges
71
92,123
Total 2023
56,965		 Total
funds
Year ended
30 June
2024
Total
funds
Period ended
30 June
2023
£
£
44,733
27,230
880
813
25,527
13,950
12,736
10,649
366
383
758
507
980
145
1,999
548
3,721
2,679
352
31
71
30
92,123
56,965
56,965		 Total
funds
Year ended
30 June
2024
Total
funds
Period ended
30 June
2023
£
£
44,733
27,230
880
813
25,527
13,950
12,736
10,649
366
383
758
507
980
145
1,999
548
3,721
2,679
352
31
71
30
92,123
56,965
56,965

Page 14

KING AND COUNTRY CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

7. Analysis of expenditure by activities (continued)

Analysis of support costs

Advance the
Christian
Faith
Year ended
30 June
2024
£
Legal and professional
222
Independent examination
1,506
1,728
Total 2023
1,974		 Total
funds
Year ended
30 June
2024
Total
funds
Period ended
30 June
2023
£
£
222
540
1,506
1,434
1,728
1,974
1,974		 Total
funds
Year ended
30 June
2024
Total
funds
Period ended
30 June
2023
£
£
222
540
1,506
1,434
1,728
1,974
1,974

8. Independent examiner's remuneration

The independent examiner's remuneration amounts to an independent examiner fee of £1,434.

9. Staff costs

Wages and salaries
Contribution to defined contribution pension schemes		 Year ended
30 June
Period ended
30 June
2024
2023
£
£
43,806
26,750
927
480
44,733
27,230		 Year ended
30 June
Period ended
30 June
2024
2023
£
£
43,806
26,750
927
480
44,733
27,230
27,230

The average number of persons employed by the Charity during the year was as follows:

Year ended Period ended
30 June 30 June
2024 2023
No. No.
Pastor 2 1

No employee received remuneration amounting to more than £60,000 in the year.

Page 15

KING AND COUNTRY CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

10. Trustees' remuneration and expenses

During the year, Lesedi Williams received remuneration of £43,806 (2023: £26,750) for his services as a pastor.

During the year ended 30 June 2024, expenses totalling £ 20,327 were reimbursed or paid directly to 2 Trustees.

Page 16

KING AND COUNTRY CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

11. Tangible fixed assets

Cost or valuation
At 1 July 2023
Additions
At 30 June 2024
Depreciation
At 1 July 2023
Charge for the year
At 30 June 2024
Net book value
At 30 June 2024
At 30 June 2023
12.
Debtors
Due within one year
Other debtors
Prepayments and accrued income
13.
Creditors: Amounts falling due within one year
Other creditors
Accruals and deferred income		 Computer
equipment
£
1,475
32
1,507
408
271
679
828
1,067		 Other fixed
assets
£
2,642
1,216
3,858
406
609
1,015
2,843
2,236
2024
£
1,235
1,203
2,438
2024
£
257
1,728
1,985		 Other fixed
assets
£
2,642
1,216
3,858
406
609
1,015
2,843
2,236
2024
£
1,235
1,203
2,438
2024
£
257
1,728
1,985		 Total
£
4,117
1,248
5,365
814
880
1,694
3,671
3,303
2023
£
1,534
400
2,438 1,934
2024
£
257
1,728		 2023
£
93
1,644
1,985 1,737

Page 17

KING AND COUNTRY CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

14. Statement of funds

Statement of funds - current year

Unrestricted funds
General Fund
Summary of funds
Summary of funds - current year
General funds		 Balance at 1
July 2023
£
90,601
Balance at 1
July 2023
£
90,601		 Income
£
112,754
Income
£
112,754		 Expenditure
£
(107,965)
Expenditure
£
(107,965)		 Balance at
30 June
2024
£
95,390
Balance at
30 June
2024
£
95,390

15. Summary of funds

16. Analysis of net assets between funds Analysis of net assets between funds - current period

Unrestricted
funds
2024
£
Tangible fixed assets
3,671
Current assets
93,704
Creditors due within one year
(1,985)
Total
95,390		 Total
funds
2024
£
3,671
93,704
(1,985)
95,390

17. Pension commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £927 (2023: £480). Pension contributions payable at the balance sheet date amounted to £257 (2023: £93).

Page 18

KING AND COUNTRY CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

18. Related party transactions

During the period the charity received unrestricted donations of £7,045 (2023: £8,107) from trustees and related parties.

Page 19