COMPANY REGISTRATION NUMBER: CE029547 CHARITY REGISTRATION NUMBER: 1199453 White River Community Church CIO Unaudited Financial Statements 31 December 2023 Chartered accountants St Denys House 22 East Hill St Austell Comvrdll
White River Community Church CIO Financial Statements Year ended 31 December 2023 Page Tnjstees, annual report (incorporats'ng the directorfs report) Independent examinerfs reporl to the trustees Staternent of financial activibes (including inrne and expenditu account) ststement of financial posrtion Notes to the financial statements
Whits River Community Church CIO Trustees. Annual Report (Incorporatlng the Directorfs Report) Year ended 31 December 2023 UTwdrted fir¢ncial stainents d tho cfArtyfor erthAd 31 Decwnbw 23. Reforenc• and adnnIStratIYo detail• R•gist•rod charlty n•n• wtthte Rrm Ccmmuwty Clxrth CIO Charfty reglstrat1L numb 1199453 Comp•ny r•gl•tratkn numbw CE029547 Princlpal offlc• and r•glst•r•d Write Rr¥w CLmlty CkKJrth West Hill St AJJstell Ccnwall PL25 SET The tru•ts•• Mr NI Cox Mr Leonard Aspln Mr Kev Pms Mr PJJI Asti Mr Sl&q(m Osbc Ms Anna Fr Ms Esther Bak Mr Sieve Sw The trustees who durry the w thve.. Nigel Cox Stuart Gra)l {Resign8d 26 Juty 2023 Barbara Collings (Resifv 28 July 2(r23) Leonard Aspl Kevin Prinsloo Paul Aslrton Shwn Osbcmè na Frei Esther Baker Steve SprtrvJ Ind•p•nd•nt 0X•n•T BWM P*trws LLP 22 East Hill St Austdl Comwam PL25 4TR
White River Community Church CIO Trustees. Annual Report (Incorporating the Directorfs Report) (1&d) Year enthd 31 Dècember 2023 The Whrte River Communty cr¢b CIO - Clwity Registrat No. 1199453 - was esiablishad on 24 June 2022 fr an inbJratth of tth s Coast ChJrcTr . C¢XnpY No. 05441108 . and Sl Austdl B¥lisl Church. As a mem4 Bw'st of (keat Bntain and thg sjth West B4)list A$SlatI, the church subs(b io the Wist unic,5 PNKiF48. Objoctive• and acllvlt1•8 The chantable objecti%¢ ol the ehurth is ClY1sti faith £(dIng to tho inciples of the Wisl ¢Jer)mYA. Th8 irth UKlwles tho fcdlNirYJ activili8s #i of rts charitable obje¢tives'. . W88kty g81herwws for Fthlic shI), 8rwJ t6xhrrfJ.. Mv>¥fyEek meetirwy for sm811 oups, focused on prayw. dciPleShip 1 kmble •.- Cw'ng wovisim of past81 lo churth members end ccryregarts.. aCtivitS al ilUS aTrJ dwleship of young pacpl8.- Activiti85 partrShV wth Otr thcheS in Ihe B1151 Unic, as well as ottsr Chnslians.. l)Jlreath missKm Xtivities, I¢ty. roy(malty, naticmalty, aTrJ intemalKThlty. In ptiuJlar, kcal mi$$ion activities are centr&J erourvj the pr(Y4 d Weak sw)0rt grp3 for pArerts. cwvers, grandparents and their chIhJr or Sra1Jr,. as as the OFer8tK)n cl 8 c(¥nmunity coff80 $ frcm MoThJay to Thjrsday. A¢hl•v•m•nl• and p•rfOmie• As agreed in May 2022, at S.81 Mémbers. Meetmgs (rf the Si Austall BWist Church and South Coast Church. dl adMt$ 8nd momborshp cl these t) Ch15 j¢JntyJ wth effKI from 12 J(Th 2022 10 forni White Rpièr cCrnmty Chjrth. undar revw, ts fow8 wa8 on the sm(xilh intr8.0n of tiV$ rnrS nèw church. 11 was ploasfftg to noto the integralK Ffoceed8d smt>)thly, wth all actNiti85 bertfthKvJ $Ltttsk•)tialty from th8 weased mom•ntum 8thieveAI thrW th8 The Famity Centro run (yi M(x¥Jay& ThU¥d fty pwerts Te91¥3 th8ir arvjrtmkl. run on W&Jnesdays. Ark Cdfee Shly has to Sati fffHKi81 pwfmwK is lnwoviw, plays imp(Ytanl role in the ctrucP(s tiVitIeS in the c(xnmunty. Flnanclal r•vl•w first meetirvJ of t nthy clmxth tr 12 2ry22 aTrJ ts CIO was dliualty WSter• on 24 JLW)è 2022. all assels of Sl Austoll Baptist CTch and South Coast crCh nto the n*no d Whita Rr¥•r CLynmlfy c1ch t(M)k 28 Seoember 21Y22. A nltser of n-rurnn9 oXF't8 items pkn r8latirvJ to bU1j9
Whits River Community Church CIO Trustees. Annual Report (Incorporating the Directorfs Report) Year endéd 31 December 2023 Plans f¢x fure wlods ThroLtyrt the rwt Fericrfl, the flxus will ccrt1Yi to shift tCA¥anls cTring sUstaible platromis for swth across the various miristy areas. partY th8 m of Chiltherys Yojth ministr. The proposed wrchase aThJ ImplWItal rf a manbw d Magem& Syst contrlxjte tthvards admfflistratNe efvert. ryeatKm ol Oiscipleslip Pattrway wil assist itto the lifo of lh8 chwch. Some Fknned 8dJLthent$ within H811 will ¢ap¥ty fty 8aating on SuTrJays. Attention Clrje to ts pad to ol the ccrffeg shop. fron a ancIal arn cpwaliLThI r$p•'¥8. A review of varws mi¥$iM pthrShi has t to 1*0 {48. ainwj * foming loro4wrn, strattyic partnerships. both I¢¥JallY anj intematKwlty. Small company prnvIOft• This reFth ha8 pr wrth Iho lo ¢cxnwiès èntitl&J to th8 small cnmparMe5 exernpt. Tha tru8tees' rnal rewt was on ..... ... trustees by.. 29 aThY 8w•J c•) bthaw bowd of Mr NwJel Cox TTUSt80 Kevn Pr4tsh)o Tr18&
White River Cornmunty Church CIO Indopendent Examlnerfs Report to the Trustees of White River Communlty Church CIO Year ended 31 December 2023 I rewt to tho tru6lees on my eXInat of Statants d Mthrte Riyer Conmunity Church CIO {'the l(x thg 31 L)e¢aThr 20r3. R•sponsibllltl•8 and of r•wt AS tho tru5188s of c(mpYny also its tho FKwpo88s of wnp•)y l) responsible fLY the kYeparion of the rThl statemts in wilh r8wiram8nls the compan Acl 2£ (Ihe 20C6 A¢Y). Having satisfd my$811 Ihal th8 acLXJUrts of th8 c(P¥ ¥8 rawirwl to b8 8uditwJ under Part 16 of the 2CK6 Act elb3kn18 nthFend8nt I roFQrt n reswx of my examinatson of the chaws accounts as carri8d Lxrt uK18r seclm 145 of the Acl 2011 ('Ihe 2011 Act'}. In carrying I1 my exInal I have follDed Ihe DireAK)ns giv by Ihe Charty Commiss undor n 14SlSllbl of the Xii l Art. Ind•pident •xamln•rf •t•M• I have cnpleted my eXnati. l txrfwm thal rn matW8 cThie to my attertion in corv)JCtn the gxaminai1 gNing me causa to b81i8V8'. tr8 finalla1 ¥latemert$ do rKrt with It#)se rwds.. or the finwid gtalomarts th) wilh th8 reww8m•tt$ of 8eclicm 395 of thè 2(K6 Act other any rwuwtl th81 ond fai¢ VI whth is tre financid sem#S have not ryepar& in with the met15 and inciples cl the of Recunmwthd Pr&tKe lor accoLrtirKJ and reporting by charities atvlicable to cknarths wepanr¥J thw accolmts in with the F81 Rep(xtirvJ SI•Kl8rt 8ppkJe UK ar•J Repth d Irelarml IFRS 102}. I hav6 and have cc•n8 acrnss rn cAhor matters Ni conrl8clto wlh ihe examnatv)n to wfiich attention should be drw) li this rewt n (d¥ to 8nabl8 a txoper urKlendirVj of the acC(nIS 10 be rexhod. BWM Partrnrg LLP Indewndgnl EXnier St Denys House 22 East Hill St Austell Corrnvall PL25 4TR
White River Community Church CIO Statement of Flnancial Activities (including income and expenditure account) Yèar ended 31 Decembor 2023 24j22t0 31 Dec 22 Yev to 31 Dx 23 fixth Tolal fund• T(A81 funds Inffl• and •n¢)wmffits Donations 8nd leg8 Charitable activities 115.4£ 20.639 136.137 11S,4 20,639 136.137 24,057 13,695 37,752 Total Income Exponditum ExporllUre on ratsirKJ furijs.. Costs of raisirwJ (k)nati(Th aThJ legacies Total oxwndlturo 161.840 161,840 161.840 161,840 Not P•nd11urn and n•t h¥•m•nt In Ild9 125.703) 125.703) 118,2021 R•conclllallon of fund• Total fuTrds brougm f(Yward Totsl fundB carrf•d forwwd 69.192 69,192 43,489 {18,202) The statemert of a¢tiviti88 all gans aTrJ lows rwis8d in the yew. All cOMe and expendrturo dw've from actp4it*9.
White River Community Church CIO ststement of Financial Position 31 December 2023 2022 Fixed asset8 Tangibla [8d a5s8ts 12 7,019 CurT•nt ass•ts Debtors Cash at bank arml hwKI 13 18.770 19,359 ,129 54,059 14 1.659 1,573 61,432 69,192 69,192 ,470 Total amots jTh•nt Ilablllll N•t a88014 Funds ot th• charfty Unrestitted funds 69,192 Total charlty fund• 15 43.489 For the >¢ar endiro 31 December 2023 tr ¢wty Y4YaS ertilknj lo •Xem0K fr umler 8ecti 477 of Companies Act 2C(6 relatYYJ lo smdl cc•nww. DIreCt3, resp(S1mItIe¥'. members h8ve not ccffipwry to otkn its finwwl statem•s fcf yeer in queS1K COrdanCe wth section 476., direct$ ackn¢18ae thw resp8115 for comp* wth ts rwiirernwrts of th? Acl with reswd to acrourth'ng rw(ts weForalK of fn8ThxI stalements. ccthpanlos su.0¢t lo tho small COMF1 rew. ZM...., aTrJ are ty. MrNigel Cox Trustee fvtr Klft Pri)sbo Thv on page• 7 to 13 lonn IlnwKlal •t•t•m•rt#.
White River Communty Church CIO Notes to the Financial Statements Year ended 31 December 2023 Gen•rnl Inforniation chty a benefrt a wivate CLWnPaly limitad by guaranlee, rffjistered in EnglaTrJ and Wales aTrJ a regist ErWJI Wales. The gJdr8ss (A the registeral office 1$ Vlhrte CcfflmLmty CPKKch, West Hil, St kntell, CLYrNall, PL25 SET, Unrt&J I Stat•ment of clxryllance Thé58 financia Statnlts twi cc¥Mpl1a with FRS 102, The Finarxial R8FQrtng Stafthrd aFplubl• n ts UK ¥#J Irelarmf, the Statanent (rf Recommend1 Practice wAuble to Ihw KC£rrtS in CdanCe with th& Fin8ncial RepcYtirYJ Starmlard applicable in UK Ifdaxl IFRS 11y2) {Charitie$ SORP {FRS 102)) the corp1•$ Acl 2(IX ¢ountlng poMd•• Bas1¥ of pr•pardon Th8 finanal statements hava hotcytal C4Xt ts95. as modrfwj by the revaluation ol Gertan fn8rKial as$els arml I111118$ nTrnlrn• wporties mea8wed al fair value thrwgh irKome or 8XFeTrJrtur•. The 8latemtt$ we is thg rrOnCY of tho 8ntty. Golng ¢on¢wn Thwe we r#) matwial abilty to CCntIje. DS•¢lo•ur• •x•fflpdoM enlty Jats'sfies b8MvJ a th)tty as d8fmJ in FRS 1tf2. Its IanCIal Statem18 are cxMsolK181ed into th8 fwwKial slateM¢S of {wrter n0 of grp financk91 stalemen15} [ch be oL#aud IrL¥n (klail). As sw, a(fvar tak of the follNiiw disclosure exemFrtions avail)le 1.12 of FRS 102.. lal No Gqsh statemthtt been we38d It cCmpy. Ibl Disch)swas in fwkvKial habfj r£ b88n sy01j.
Whits River Communty Church CIO N¢)tes to the Financial Statsments It Year ended 31 December 2023 Accounting policlo• In the application of the CIO'S wlw. are d8suib8d telcm. trustees ar8 rawir•J lo mak8 ItKments, estaleS assumFlicms the caryrKJ values of assets aTrJ liabilities that are rnt T6&Yity frc#n 011 s¢89. Th& estimas and Underln0 assumpticS are bas1 hisloncal avj olhw f&tors thal ¥0 f1)nsid81 to bè relevant Actual resutts may dffter frwi ttwe estynates. estimates dl¥j ass10 r8viwhpd LY) ¥joN¥j basis. ReVisS lo aCColing estimates are recowd in the PWKXI the estimate is r8¥is•J rf Ihe rgvi¥K current and futur6 Fwths. In th8 Viffw of the trustèos, rn asstmOKYts Ihe fulLre or ostimabon earf91nty affecting assets arttl Ibabililie$ * th& balwTh 8trt date 8rn likely to resuh in 8 material aQ'ustment lo cffjTvJ arn3 n8xt frnKi81 Fund •c¢ountlng the trustees. ReStrted fut¥Js lY be used fLY rnstrthj Fwrposes wilhn 0.ts of t charity. Reslritxions arise 8pthd by Ihe thyxjr ILnJJ we rawj for wticuk9r restricted PLxposes. FLfther explanati CA not Ixffm crf eath is inehJJad n trle rthes to ti financol slatem8nts. Incomln9 (•Ul¢ All incomiry resowces 8rn in the ststanent d finwbial a(liviti8s Wt entitlement has passed lo Ihe charty., il woba)le that ecffi)m¢ berfrts with th? tr8nsacticffi will I1 lo th8 tharty 2nd the can t relthty moaswed. Tho fOlkn'va policios aro aF91d lo particular CaleW of irK£e.. incijme from donations or is rocwisod trwe is evidonc• of entitlomenl lo the grft. lpt is prob8ble rts 0)1 be mea5ur•J reliably. Incom8 from (knated gcod5 is Measl at fair v8lu8 of th8 g>J8 Lml85s this 1$ mwactlcal lo measwe re[bly. c•è ts wal is dwived the cost to ts donor or the esllmated resale Va. D(¥ f11115 sernc85 rgcogniwj in the accoL¥rts when receN&J rf the Va can b8 Mea5wl. No irKhJdwJ for tho Ccfstritxrt of genwal yo198r8. Frme from C5 fcy Ihe suth of services is reo)wwsed with of the contracted serv. This is classrfth as estrt 18$$ thwe is a contractual rjrement for rt to be $t a pali)J¥ 1 reAwrnd rf Sport in whlth case it may be warded as trthd.
Whlts River Community Church CIO Notes to the Financial Statements Year ended 31 December 2023 Accountlng pollcles (con ExFefKliture rec(wisgJ basis a5 a Ibabilty is Irlrj. EXrte inchJd8s ary VAT carnot be fulty recove, aThl is daSsff rad$ of the statem&rt of activrties to it relates." expar#Jiluro on raisirth) fixKls trt o)sts rl dl •XNrts. events, n(. ¢hantablg tradiw acrvilw. s d thThled expenditure on chwrtable acliviti8s Ythles al crtsts VKxYrl by a charty in Lwthrting a¢tivrties that fijrttw ts thlIable ws the t)er crf its b1.&$, irthdirKJ IfKJSe Supp o)st$ &xsts raIra to the g(y4wnwTh of th• cArty w1Krod to thantabla ivrties. oth8r exPd[la KthJ88 all exp10 is nthther rdd io raisY¥J fLmds for the All G05ts are elknCat to exp111 catwas tho use of re8(yJca. Dwect costs attribLrtable to a single Kalty ar• 8lkcated ItroL11y to that thty. Shwwj Ix)Sts we apF%XtvJn&l btheen the aCtiV.8S try CtrtsAe to a rossonth, jus118 con8is18rt basis. Owatlng I••Ms Lease paymwrts re(xWd as expen8a ovw thè I6 tèrm cft • straW4Th basis. The aggr•Jale benefrt of 19888 is rwtsed as a lo expanse over the lea88 ténn. on a slraigM4rn basis. TgIble a•••ts T&ible 898et3 wo inthlty rffuded at c•sC ¥¥J Stated 01 c¢st bss ary ac¢umulat•d dewKiation aTrJ wnpaimiont la886s kny taffjibb assots rrIod at r8valued amounts rdd at lh8 fair vahje at the date of revaluthi lèss ary S•t accumulated deprec11 and Stbwjul ulated painent loss. An increas• ffl Ihe Carrr•j amcffrt of an asset as 8 rosult d a rfr1aWw. is r8cwTrsod in otsr reccgnised gains losses, unless bt revwses a chwge f(Y Ih8t has We¥uS been recowis8d as oXpdrtur8 withn Ihe statemert frlar &S1Vit$. A d8cr8ase in c4rying amount of an asset as a resutt of re¥dtK. is recwiwa in reccgnised gains wvj losses, except lo wh'th it offsets wevw)J8 revalu8tKm gain, ffl which (*s& Ihe ths is within D•pr•clatlon Deweciation is cal18tl so as to lte off Ihe cost or VawK crf assrf less its resNknI value, ovwtha useful eL7)rK)M life d1hat asset as fr>". Ewipment 15% r]1vj b
White River Community Church CIO Notes to the Flnanclal Statftnnts ftth7rn•dJ Year ended 31 December 2023 Donakns and l•gaci•• Unrestric1 Total Funds UrweStrited Total Fufmjs 2023 Fun(ts 2022 Donatlon¥ Charitable givirrJ ffictxné ISWBAI Coffee shop F8mily certre irKgJne Hall hire Ladies ministry nccme Mens mini8try irCe Ycuth minffjlry inccme Tithes offerirvJ8 ReStrted fund iThxme Childrens minwtry irwne 8,5 15.510 2.459 3.418 2.199 1.379 116 78.699 1,705 123 2,525 2,628 2,525 2,628 15.510 3.418 2.11 1,379 116 78.699 1,71E• 1TJ 130 112 112 18,126 18.126 Grants F8mity c8ntre ASDA 115.4 115.498 24.057 24,057 Charltable acllvlll UrwoStri Tolal Fund• lJrYestrKtsI Total Funds 2023 2022 20,639 20,639 13.695 13,695 Co•ts of ral•lng donatlon• l•gad•s UnrnStrI Total Fund8 VrY8strthd Total Fur 23 Coslj of r•$irvJ IkThti¢rn lryac 161.840 161.840 Not •xwndit Net exp8nditLn is stated after lI(crrtry).. 2022 Deprecth'on of fixed assèts OFeratirvJ lease renla$ 1.164 3,135 2.&55
Whits River Community Church CIO Notes to the Financial Slatements Ite4 Year ended 31 December 2023 Indepondent oxamlnatlon f••s P•rh)d from Yoar to 24 Jun 22 10 31 Dac 23 31 D8c 22 1nd6pan crfthe statements 10. Staff co•1• Yw to 24 Jun 22 10 31 D•c 23 31 Dec 22 Wages and salari98 Social securty c081s Other p10>e1) 68.277 2.¥22 957 18,382 689 97 72,156 19,168 average ad cwil d emFthyyes th• was 4 {2ry22'. 4). Tho awr•Jo full.time eqJNalent em18$ OMIVJ the 18 as folkxs.. a)23 2022 No. Numbw of staff - isp• 1 No emFAu*pe receib•d gmpkw of m(Yg Ihv) £60.LXXI tkng thg Yw(2. Nil). During Wmled 31 DeIb 2trZJ th8 truste88 or otrr ben8fits for Serv 88 trustees. TTr Charity has orvJag8d bijstees as empk4ws to wovth servic8s oth8r then as a tnjslee, and the remLmeralin pawj n Ihis capMI totalled £32.940 for eTrJwJ 31 December 2ff23. There no trustees. exr lor erthj 31 ()ecwnbgr 23.
White River Community Church CIO Notes to the Financial Ststsments Year ended 31 December 2023 12. TgIble flxed a8uls EquIpml At 1 January 2023 8,12 423 At 31 D•c•mbw 2023 8.485 Doproclalii At 1 January 2023 Chargo for tho At 31 Dec•fflb•r 2023 302 1,164 Carrying amount At 31 De¢emb•r 2023 7,019 7,760 At 31 Dec8mber 2022 13. D•btor• 2023 2022 Trad8 d8bt Prepaymenls a¢crd 16,102 8,721 225 18,TTO 14. Crodltorn: •mount• f•lllnq wlthkn on• yw 23 2022 Ar1815 and d8ferred wKome Social seaKity a1 othw taxes 729 673 1,659 1,573
Whits River Community Church CIO Notss to tho Financial Ststements Year ended 31 December 2023 15. Analys18 of charltth fund unr•¥Irl funds At 31 D•c•mb•r 2023 Ir8 Ex[(r Transfers Genèral fuThJs 69.192 1%,137 {161.8401 43,489 31 OarbOr 2022 24 22 General furvjs 37.752 (55,954> 87,394 69.192 Uryestrided Total Fund• FurKIs 2023 Tangible fixed aats CLKrenl assets Credrtors less than 1 7,019 38,129 11,659) 7.019 38.129 11,659) 43,489 UNestri(thl Trrtal FuTrJ8 Furrfl• 2022 TwYJible fLKed assets Current asset8 Credrtors18ss Ihan 1 7,760 63,CX)5 {1,5731 ,192 7.760 63.(X)5 11,5731 69,192 13