## **A CHURCH TRUSTEES' ANNUAL REPORT** For the Year Ended 5 April 2024 _(Accounting Period: 6 April 2023 – 5 April 2024)_ ## **1. Reference and Administrative Information** |**Charity Name**|A Church| |---|---| |**Charity Registration No.**|1199227| |**HMRC Reference No.**|061000106885| |**Bank**|Lloyds Bank| |**Account Name**|A Church| |**Account Number**|47139268| |**Sort Code**|30-96-26| |**Accounting Period**|6 April 2023 – 5 April 2024| ## **Trustees** |**Name**|**Role**|**Appointed**| |---|---|---| |Hoasung Kim|Chair of Trustees|03/06/2022| |Ji Young Lee|Trustee|03/06/2022| |Yelin Noh|Trustee|03/06/2022| |Dr Gabriel Lim|Trustee / Contact|03/06/2022| ## **2. Structure, Governance and Management** ## **Constitution** A Church is a registered charity governed by its Constitution. The charity was established to advance the Christian faith and to carry out associated charitable purposes for the public benefit in accordance with the doctrines and practices of its denomination. ## **Appointment of Trustees** Trustees are appointed in accordance with the charity's governing document on the basis of skills, knowledge, and experience needed to manage the charity effectively. ## **Risk Management** The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems and procedures are in place to manage those risks. Key risks include financial sustainability, operational continuity, and regulatory compliance. ## **3. Objectives and Activities** ## **Objects of the Charity** A Church • Charity Registration Number: 1199227 • Registered in England and Wales Page 1 The objects of A Church are the advancement of the Christian faith for the benefit of the public, together with the relief of financial hardship and support for the wider community through charitable giving. ## **Public Benefit** The trustees confirm they have had regard to the Charity Commission's guidance on public benefit. The church provides a place of worship and pastoral support open to all, and contributes to charitable causes locally and internationally. ## **Main Activities** During the year ended 5 April 2024, the charity undertook the following activities: - Regular Sunday and mid-week worship services open to all members of the public. - Bible study groups, prayer meetings, and discipleship programmes. - Community outreach, evangelism, and missionary support activities. - Financial support to individuals and charitable organisations including Compassion UK and local churches. - Church events, retreats, and ministry training seminars. - Provision of audio-visual and live-streaming facilities. ## **4. Achievements and Performance** During the accounting period from 6 April 2023 – 5 April 2024, key highlights included: - Continued provision of regular weekly worship services and congregational care. - Ministry expenses of £22,479.84 covering pastoral housing support, guest speaker honorariums, mission trips, and ministry training. - Hospitality provided to visiting ministry teams totalling £5,787.30. - Charitable donations of £1,828.00 made to Compassion UK, Moriah Church, and Shepherds Church. - Investment of £4,332.05 in audio-visual and streaming equipment to enhance ministry reach. ## **5. Financial Review** ## **Income** |**Description**|**Notes**|**Amount**
**(£)**| |---|---|---| |General individual donations|Regular tithes, offerings and one-off
gifts from members|41,833.69| |Corporate donation|Corporate donations received during the
year|7,250.73| |**Total Income**||**49,084.42**| ## **Expenditure** |**Description**|**Notes**|**Amount**
**(£)**| |---|---|---| |Venue rental (worship & events)|Hired venues for weekly services,
seminars, and events|12,688.50| |Missionary support & hospitality|Hospitality for visiting ministry teams|5,787.30| A Church • Charity Registration Number: 1199227 • Registered in England and Wales Page 2 |Ministry expenses & honorariums|Pastoral housing support, guest
speaker honorariums, mission trips, and
ministry training|22,479.84| |---|---|---| |Charitable giving|Donations to Compassion UK, Moriah
Church, and Shepherds Church|1,828.00| |Equipment purchase (audio/streaming)|Microphones, speakers, and broadcast
equipment|4,332.05| |Licensing & subscriptions|CCLI worship licence and other
subscriptions|434.86| |General supplies and admin expenses|Snacks, stationery, and miscellaneous
items|75.00| |**Total Expenditure**||**47,625.55**| ## **Balance Summary** |**Description**|**Amount (£)**| |---|---| |Total Income|49,084.42| |Total Expenditure|(47,625.55)| |Net Surplus for the Year|1,458.87| |Balance Brought Forward (6 April 2023)|33,929.30| |**Balance Carried Forward (5 April 2024)**|**35,388.17**| ## **Reserves Policy** The trustees aim to maintain free reserves of 3–6 months of operating expenditure. At year end, the charity held a closing balance of £35,388.17, which the trustees consider prudent. ## **Investment Policy** The charity does not hold any investments. All funds are held in the charity's bank account with Lloyds Bank. ## **6. Plans for Future Periods** The trustees intend to continue advancing the objects of the charity. Key priorities include: - Continuing to provide regular worship services and pastoral care to the congregation. - Growing outreach, evangelism, and missionary support activities. - Developing discipleship and ministry training programmes. - Maintaining prudent financial management and adequate reserves. ## **7. Trustee Remuneration and Benefits** Charity Commission guidance requires that any remuneration or benefit paid to a trustee (or a person connected with a trustee) must be disclosed in the Trustees' Annual Report. During the year, the following housing support was provided to Hoasung Kim in his capacity as the charity's pastor: **Description Amount (£)** A Church • Charity Registration Number: 1199227 • Registered in England and Wales Page 3 |Rent|17,496.00| |---|---| |Council Tax|1,305.00| |Bills (utilities)|798.75| |**Total housing support paid to trustee**|**19,599.75**| Hoasung Kim is the Chair of Trustees and serves as the charity's pastor. The housing support was provided in connection with his pastoral duties and is included within 'Ministry expenses & honorariums' in the accounts. The trustees are satisfied that this payment was made in the best interests of the charity and was authorised under the charity's governing document. ## **8. Independent Examination** In accordance with Section 145 of the Charities Act 2011, the accounts are subject to independent examination as the charity's gross income exceeded £25,000 during the year. ## **9. Declaration of Trustees** The trustees declare that they have approved this Trustees' Annual Report and confirm that it gives a true and fair view of the activities and financial position of A Church for the year ended 5 April 2024. **Signed by:** _________________________________ **Name:** Hoasung Kim **Role:** Chair of Trustees **Date:** 26 February 2026 A Church • Charity Registration Number: 1199227 • Registered in England and Wales A Church • Charity Registration Number: 1199227 • Registered in England and Wales Page 4 ## **A CHURCH RECEIPTS AND PAYMENTS ACCOUNTS** For the Year Ended 5 April 2024 _(Accounting Period: 6 April 2023 – 5 April 2024)_ ## **1. Charity Information** |**1. Charity Information**|| |---|---| |**Charity Name**|A Church| |**Charity Registration No.**|1199227| |**HMRC Reference No.**|061000106885| |**Bank**|Lloyds Bank| |**Account Name**|A Church| |**Account Number**|47139268| |**Sort Code**|30-96-26| |**Accounting Period**|6 April 2023 – 5 April 2024| |**Basis of Accounting**|Receipts and Payments| ## **2. Statement of Receipts and Payments** _This statement summarises all money received and paid out during the accounting period._ ## **A. Receipts (Income)** |**Description**|**Notes**|**Amount**
**(£)**| |---|---|---| |General individual donations|Regular tithes, offerings and one-off
gifts from members|41,833.69| |Corporate donation|Corporate donations received during the
year|7,250.73| |**TOTAL RECEIPTS**||**49,084.42**| ## **B. Payments (Expenditure)** |**Description**|**Notes**|**Amount**
**(£)**| |---|---|---| |Venue rental (worship & events)|Hired venues for weekly services,
seminars, and events|12,688.50| |Missionary support & hospitality|Hospitality for visiting ministry teams|5,787.30| |Ministry expenses & honorariums|Pastoral housing support, guest
speaker honorariums, mission trips, and
ministry training|22,479.84| |Charitable giving|Donations to Compassion UK, Moriah
Church, and Shepherds Church|1,828.00| A Church • Charity Registration Number: 1199227 • Registered in England and Wales Page 1 |Equipment purchase (audio/streaming)|Microphones, speakers, and broadcast
equipment|4,332.05| |---|---|---| |Licensing & subscriptions|CCLI worship licence and other
subscriptions|434.86| |General supplies and admin expenses|Snacks, stationery, and miscellaneous
items|75.00| |**TOTAL PAYMENTS**||**47,625.55**| ## **C. Net Movement of Funds** |**Description**|**Amount (£)**| |---|---| |Total Receipts for the Year|49,084.42| |Total Payments for the Year|(47,625.55)| |**Net Surplus for the Year**|**1,458.87**| ## **3. Statement of Assets and Liabilities** ## **Bank and Cash Balances** |**Description**|**Amount (£)**| |---|---| |Opening bank balance at 6 April 2023|33,929.30| |Add: Net surplus for the year|1,458.87| |**Closing balance at 5 April 2024**|**35,388.17**| ## **Other Assets** The charity holds audio-visual and streaming equipment purchased during or before the period. Under Receipts and Payments basis, assets are expensed in the year of purchase. ## **Liabilities** At 5 April 2024, the trustees are not aware of any outstanding liabilities or commitments that have not been reflected in the accounts above. ## **4. Notes to the Accounts** ## **Basis of Preparation** These accounts have been prepared on a Receipts and Payments basis in accordance with the Charities Act 2011 and Charity Commission guidance for charities with gross income of £25,000–£250,000. ## **Taxation** A Church is a registered charity and is therefore exempt from income and corporation tax on its charitable income and gains. ## **Trustee Remuneration and Benefits** During the year, housing support totalling £19,599.75 was paid to Hoasung Kim (Chair of Trustees and pastor) in connection with his pastoral duties, comprising: Rent £17,496.00, Council Tax £1,305.00, and utility bills £798.75. This amount is included within 'Ministry expenses & honorariums' in the Payments schedule above. The trustees are satisfied this was authorised under the charity's governing document and made in the best interests of the charity. A Church • Charity Registration Number: 1199227 • Registered in England and Wales Page 2 ## **Related Party Transactions** Other than the trustee housing support disclosed above, no related party transactions outside the ordinary course of the charity's activities occurred during the year. ## **5. Trustees' Approval** The trustees approve these Receipts and Payments Accounts for the year ended 5 April 2024 and confirm that they give a true and fair view of the financial position of A Church. **Signed by:** _________________________________ **Name:** Hoasung Kim **Role:** Chair of Trustees **Date:** 26 February 2026 A Church • Charity Registration Number: 1199227 • Registered in England and Wales A Church • Charity Registration Number: 1199227 • Registered in England and Wales Page 3 INDEPEND Fla￿k1 S REPORT For the Year Ended 5 April 2024 (AGMunting Period.. 6 Aprtl 2023- 5Apnl 2024) To the Ttustees ofA Church Chari Details Charity Mimb A Chuycth Chorlty Reg15tratlon N 1199227 HMRC R•f•r•nc• No. 061000106885 Accountiny P•riod 6 Aprl 2023- 5 April 2024 Independent Exarninerfs Report Respective Responsibilities As the charity's Iruslees. you are responsible for Ihg preparation of the accounts in accordance with the requirements of the Charities Act 2011 Ilhe Act'i. It Is my resprnslbllity to examine the accounts as required under section 145 of the Act and to stale whether partlcAlar matters have comé to my attenllon. Basis of Independent Examinerfs Statemant My examknation was carried out in 8rxordance wich the gèneral directions given by the Charty CommissK)n. An examination indudes a review of the accounting records kept by the charity and comparison of the accounts presented with those records. It also indudes consideration of any unusual ilems or disclosures in the accounts, and seeklng explanations from you as trustees conceming any such matters. The procedu￿$ undertaken do not provide all th8 evidence that would be required in an audit, and ¢onsequenlly no opinion is given as to whgther the accounts present 8.true and fair viev/. Independent Examinerf$ Statement In Gonnection with my oxaminalon, no matters have come to my attentlon: (1} which gives me reasonable cause to b¢ll8ve that In any matgrial respèct the requlrements to keep accounting records Sn accordance vlth section 130 of the Act have not been mel., or (2) to thich, in my opinb)n. attention should be (Irawn in order lo enable a proper understanding of the accounts to be reached. Examlnerfs Delalls and Si nature Pl8as& Complete the following se¢tion. The indop8ndent &X8m￿&rrnusI be an individu81 reasonably believsdbythe trustegs to have the requisite abffltyandprncfi¢al experi&nc8 to cary oul a ¢ompet8nt 8X8min8tstrn oflhe a¢Gounts (Charibes Act 2011, 8.145(32IbJJ. Signed: Name: 54 A Chuich . Gharity Registialion Numbar. 1199227 . Règlster8d in England and Wales P¥99 1 Addross: Ltq 13 3fr4P Relevant Quallll¢atlon I Membarship: Date: T71ovI ￿￿6 Guidan¢e.- Tths report Is required under seclion 145 of th@ Charrfies Act 2011. On£8 signed, submil this Trport togeth$r wth th& Trust••s'Annual Report8nd Ihe Rec*pls and P3yment5 Accounts lo the Charity Commissff(Jn. A Church. Charity RtgSslr8llon Numbor." 1199227. Regi518rod in Enyand and Wal85 A Clxjrch Charity Registrat￿n NuThber". 1199227 . Reg￿tered in Englarvj and Wa￿S Pago 2