COMPANY REGISTRAnON NUMBER: CE029547 CHARITY REGISTRAnoN NUMBER: 1199453 White River Community Church CIO Unaudited Financial Statements 31 December 2024 IN LEY Chartered accountants st Denys House 22 East Hill St Austell Comwall PL25 4TR ER
Whlle River Communlty Church CIO Flnancial Statements Year ended 31 December 2024 Page Trustees, annual report (incorporating the directorfs report) Independent examinerfs report to the trustees Statement of financial activities (induding income and expenditure account) Statement of financial positi'on Not85 to the financial statements
White River Community Church CIO Trusts8s' Annual Report (Incorporating the Dlrectorfs Report) Year ended 31 December 2024 The trustees. who are also the dlrectors for the purposes of ccfnpany law. prèsènt their report and Ihe Unalite(l financial statements of thè charityfor the year ended 31 December 2024. Reference and •dministraliv• d•tails Reglster¢d charity narn¢ While River Communty Churth CIO Charlty r•gi%traiion numb•r 1199453 Company ro9l$lratlon number CE029547 Prlnclpl Offl and r•gist•rèd White River Communlty Church offlco W8St Hill Sl Auslell Comwall PL25 4ET United King¢S)m Th• Iru•t••• Mr Cox Ur Leonard AsF4in Mr Kewn Prin Mr Paul Ashton Mr Shaun OsL¥)me Ms Anna FreKJhl Ms Esther Baker Mr Steve Spring (Resigned 31 January 20241 The tru51ees are appointed by resdution of th• existing truslees In accordance with thé Constitution. The Iru5tee5 who served during the year were.. Nipel Cox Leonard Asplin Kevin Prinslc Paul Ashton Shaun Osborne Ires•3ned 31 J8nu8ry 20241 Anna FrBight Esther Baker Steve Spréng Indgpendefrt examlfi•r Will5 Bingley Parlnefs LLP Si Oenys Ho 22 East Hdl St Austell C¢ynwall PL25 4TR
White River Community Church CIO Trustees. Annual Report (Incorporatlng the Dlrectorfs Report) Year ended 31 December 2024 Slructure. govemance and management The White River Community CINJrch CIO - Charity Regbstrallt No. 1199453- wa$ 8staL4lshad on 24 Jun& 2022 from an Integratw)n of both South Coast Church - Company 05441108 - and Sl Auslg11 8aptist Church. As a member of the Bapb"st Union of Great Britsin ano Ihe Swlh Wesl Baplisl Association, Ihe church subscribes lo the Bap115t Union'¥ Dedaration ol Principle. Objectlves and activities The ¢haritaNe obje¢tive ol the church is Ihe advancement of the Christèn tsith accordiry lo the principles of the 8apb.st denomrolK)n. The church undertake5 th8 fdknving acti¥i118s in pursult of ils charita8 obieclives.. - Weekly gatherings publtc worship, prayor. preathln9 and I61ng. - Mty*week m•8tingg for sm811 groups, focused on pr1. ¢JisuF4eshbp arKI lyile stu¢Jy. - Ongoing provlsion paslord care lo mgmtors WKI congregatwjn. - Specific a¢tiviknè5 aimed at the indusion and disci48ship Lrf Ing p8orAe. - provisi of waekty support groups the parenls and grandparents of ye-school chldren and grandchildren on Mondays, W8dn8s¢Jays. and Thursdays. - The operation of a ccrnmunity coffee shcp trom Monday lo Thursday. The coffee shop hosts various events and re9Ldar activrties for Ihe benefil of Community members. - Tho hosting of a weèkly'connecl tatAe'. aMowirKJ members of Ihe community an coFortunity to enjoy 8 limo of sLxialising wth others ovor a variety ol crafts. Activi11•8 In partnership with othor ¢hur¢hes in Ihe 8aptisl Unic. as well 88 Other churche$ in St Auslell. - The hiring of its lacilities lo external parties for meetr'rvJ8 and ¢(thS.
Whlte River Community Church CIO Trustees. Annual Report (Incorporatlng the Directorfs Report) (¢onthuedl Year ended 31 December 2024 A¢hleven)ents and perfornian As agre8d in May 2022, at Speual MemboTS' meeb.ros of tho St Ausldl Baptisi Church and South Coast Church, all adivllies of these churches were con¢Jucled joinuy wilh 8ffect from 12 June 2022. undef the name ol White River Community Church. For the period unsjer review, the foeus h3s shiftecl from the smooth iniegration d aCtimt and members within the new church, to croats'ng F4aiforms for sustainable grovAh of the church and its actiwbes. Gro%th in m&mbership has wnlinued over the peric#Y. highlighliry the need to bJikJ capacty into admnistraknve systems, pasloral care, and budding facilities. Minor enhancements to the Cornerston8 Hall were cOMpt durin9 year, crgaling space for an additn 2¢>30 seals SurKlay6. The Family C8nlT8 SUPPOrt groups run cn Mondaya and Thursdays for parents and Iheir children have seen Increased number5 in atten(Jance, as has the group for grandparents and grandchildren. run on Wednesdays. The Ark Coffee Shop contlnues lo play an imrtant rcde kn the church's outr8ath aclivill6s in th communify. The financ1 rtOM)8ft¢e of th8 Cofl•e Shop conllnu8d at a sakn'sfa¢tory l•vd, with irorne suffi¢ienl lo covar rdated direct expenditure. Flnanclal r•vlew The church axp8rienced a vory 8alisf8ctory fina181 rBsuft over the pefiO(l. Regular monthly income Increas8d significantly over the prMJr pBnod and Ihgre also some substantial one.oll offerinus r¥¢kiiv9d. As a result. cash anCeS shthved a largv in¢reas8 over thg year. from £19 350 lo £79 046. Tsghl control was m8inlained oveT eXnses, contnbuling lo the vast impr¢)vement in the financial positson ol the churth over the year. Plam lor future perfods Througholrt Ibe next perd. the fctus vdl remain on maintaining the Fl8tfoffli lor grovrth that has been creAted. Al cuffcnt income levols. capacrty exists to ¢Msider tho a?Intment of additional $18ff memberl51 to strengthen and expand some of the administrative and pastord fvnclions. It is necgs8ary to repairs d8mp damogo and refurts.sh balhroom6 in Comefslone Hall. In aniicipation of Gwtinued mem11p growih. invests9atK will commnc• into the various opllons to accommodale anolher s1>1 members over tho nexl thre8 to fiv& ydars. A review of varIJS mission partrffi5hips has cornmenced. aimed al fomlng long-tfjrm. strategic partnerships, particularly with an inlemakn¢)nal fus. Smll company provl¥ion• This report has be8n prepared in 8cc(rtoncè th the [Kois5 apFlble to Gompanies entrfed to the small companifjs exempiion.
White River Community Church CIO Trustees. Annual Report (Incofporatlng the Directw's Report) (conOnu8dJ Year ended 31 December 2024 ?? jhLY. t•!¥ . 8nd sigwl on behalf of board of The truslees, 8nnual pOrt was apwoved .. . ... trustees by.. Mr Nigel Cox Trust8& Mr Kewn PYlnsk*J TTUSte8
White River Communlty Church CIO Independent Examine¢s Report to tho Trustees of Whlto River Communlty Church CIO Year ended 31 December 2024 I report lo the trustees or) my examination of th8 fina131 stat8manls ol White River CDmmunity Church CIO I'lhe charitv) for thè yèar 8nded 31 December 2024. Rosponslblllttes •nd basi5 01 roport As the Irusl8&s of the Company laTrJ also its directots for the rxjrposes ol ccrfnpany lawl you aro resptsnsible for the preparation of the financial slatements in accLYdarKe the requirements of the Companies Act 2006 Ilhe 20C Act'l. Having SatiSfd mysdf Ihal Ihe acc(yJnts of Ihe company are not required to be audited under Part 16 ol the 2006 Act and are digible for Indepeftdenl examination. I report in reSF¢t of my examinatlon ol the charity's accounts as carried oul under section 145 of the Charili8s Act 2011 {'th8 2011 Acl'l. In carrylro out my examination I have fdlowgd the Th'TecliLYts glven by the Charty Commisslon und8r sectKJn 14515llbl of the 2011 Act. Ind•p•nd•nt •xamin•rf8 •tatwMnt I have compl8ied my examinaiion. I confimi ttwi Tr) m8ttern have comg to my attention in connection with tha examinati¢)n giving me cause to believe.. afL(yJnting rÈcords Yre noi kepl #i fespect of lh8 charity as required by sectim 386 of the 2006 Act., or the financKg1 slalements do Th)t accord ith tho$6 rffrrfds.. Dr Ihe financial statements do fiot eAJmFly wth lh8 a¢oxJnbng requir•menls of seclion 396 of Ihe 2006 Aei Olher than any reouirernenl thai the accounts give a'truè and fal¢ vlew which 15 not a matter ccThh1ered as part of an indendent eX8minalK)n: or the financi81 ststements have not been prepared in accordance wilh the methods and principles of the Slatamenl ol Recommended Pradice for accounts'ng and reporting by charities applicatd8 10 charities preparirg their aceounls in accordanGe wih the Financial R9POrtlng Standard aptAicabl8 in Ihe UK arKJ Republic of IrelaThJ IFRS 102). I have no coneerns and have come aeross no other malters in ¢onnec110n Ihe gxaminalion lo which attention should be drawn in ihis report in or(Jer to anae a proper understanding ol the accounts lo be rgached. W8 Bingley Partners LLP Independent Examiner St Denys House 22 East Hill Sl Aust811 Cornwall PL25 4TR
White River Community Church CIO Statement of Flnancial Actlvlties (including Incomé and oxpendituro a¢count> Year ended 31 Decem1 2024 2024 UnStriG1ed funds Total funds Totsl funds 2023 Incom• and •ndowm•nts Donations and legacies Chafilable aGtiviti•s 160,713 41.771 160,713 41,771 11 5,498 2D,639 Total Income 202.484 202.484 136.137 Exp•nditur• Expendilur9 on raising furKts-. Costs of rai&ng donatnS legaci86 Total •xpendftur• 150.201 150.2Q1 161,840 150,201 150,201 161,840 N•1 In¢om•ll•xp•fidltur•) and n•t fflo¥wn•nt In Iwd• 52,283 S2,283 25.7031 R•¢onclllatlon of fvnds Total funds broughl forward Tol* funds carrl•d lorw•rd 43,489 43,489 69,192 43,489 95.TT2 95,772 Th9 Stalgmènl ol financia acbvilios iDcludos all gains and h)s88s recognisod in tha yoor. I Incomè and exnltUr6 deflvo from c(10nlro aclivltios. The noies on pagos 8 to 14forni part ol IhBs• finan¢lal •tat•m•nts.
White River Community Church CIO statomonl of Flnanclal Posltlon 31 December 2024 2024 2023 Not• Fix•d assets Tangible fixed assets 11 5,640 7,019 CurMnt as6¢ts Debtors Cash al bank and in harnl 12 10.306 81,730 92.036 18,770 19.359 38.129 Cr•dltors: amounts f•llSng du• wlthln on• y••r Net curront assets 13 1,659 36,470 43.489 ,132 Tolal ag$•t8 IMJ curr•nt liablit••s 9S.772 M•t assets 95,772 43.489 Funds of th• charlty Unreslricled lunds 95.772 43,489 43,489 Total charbty lunds 95,772 For t year ending 31 Dèc•mb•r?024 the charlty was entided to eX8mpkn fr<m audit under section 477 01 the Companies Act 2006 felaling to small companies. Directors. responsibilties.. The members have not requlretj the company to obtain an audit of its financial $18lements for th8 year In questlon in accordance wth seciion 476," The dlrectors athnodge thelr resKKmslblitkn for ¢["ng wth th8 roquirèmlnls of th6 Act th SPect lo accounling rocords ?nd th& preparalth of Ilnanclal $tatoments. These financial slalèmènts have bw) prepared in acc4)rdan¢¢ with the wi8ions 3PFdTrcabte lo compan5 subject lo Ihe small ¢oMpan. regim8. rtte5¥ financial stalgwn?nts were approved by the board trusiees and aulhrffisod for iSBue on 17.. 5¥.F¥..ts.!j' arKI are signed on behalf of the board by.. OJO Mr Nigel Cox Trustee Mr Kewn Pryislc Tiustoo The notes on pag•s 8 to 14 ft*rm part o1th•g¢ finan¢W $tal•menls.
White River Community Chijrch CIO Nole$ to the Flnancial Statements Year endéd 31 December 2024 General inforniatlon The charily is a publK enb.ty 8nd a private company limited by guaranteo, registsred in Enqland and Wales and a regislerwj charity in EnglaNI and Wal8s. The address of the feglst8red office is While RNer Community Chwch, Wesl HIH, Si Auslell, Comwall. PL25 SET, United Kingdom. St#tom•nt of compllance These financial statements have b88n prepared in complnCe with FRS 102, 'The Financi81 Reporting Standard ap[AIGe in the UK and the RepublK of Irdan(Y, the Statement of Recommended Practice apicable to charilw preparirB thur 8c¢x)unts in accordance with Ihe Financial Reporting Stsndard app1¢81• In Ihè UK and Repl1 of Ireland IFRS 102) (Charities SORP {FRS 10211 and the CoMpanS Act 2006. Accountlng poll¢l•s BB•l• ol pr•paration The finanaal statements have be wepared on Ihe hi$tryt¢al eost basis, as modlfi•d by the revaluation of certain financol a5ts liabdities and inveslmenl woperties measured at fair V8lue through income or expenditure. Thè flnanclal slalements aro pr•parod In stertty. whlch is the functk)nal curroncy of the entity. Golng ¢on¢wn Th8re are no molerial uncortaintie$ a1 tho chaitys abilty lo continu8. Di•clo8ur• •x•mptlon¥ The entity satioli8s lh& criteria of beirvj a qvaityrrfd entity as defined in FRS 102. Its financial statements are consolidated inlo Ihe financd stalaments ol lenlèr name of group fin8ncial ststtmentsl can be oblained fr) lenlef delaill. As suth, advantage has been taken of Ihe Icdlowing disclosure exemptions avsilable under p8ragraph 1.12 of FRS 102.. lal No cash flow statement has presented for the company. Ibl Disdosures in respect of ffinaneial instrum¥nts have not been wesenled.
White River Community Church CIO Notos to the Flnanclal SLitements (¢onttnu Year •nded 31 December 2024 Accounting polici•s {¢¢tith Judg•m•nts and k•y sources of •stlmatlon uneertainty In the application ol the CIO'S acr£xJriliry rC. which a descfbed below. trustèès are requireé to make ithJgmenis. estimates and assumplions abwt the carryirYJ values of assels an liabilities Ihal are not r8adtri apparenl from s(yJrces. The ests'mates and Ur0.ng assUMptstS are based on hislorical expernce and other tsclors that are considered lo be rdevant. A¢lual resLlts may differ from Ihese estimates. The estimates and underlwng a5SUmPtvJns are revd on an ongoing basis. Revi4ions lo accounting estlTn3t¢$ are recognised in per. in the esb'male is revi58d if the revision affects only that period, or in the peric%1 of the revision and future periods if the rew5ion affec15 the current and luture peri)ds. In Ihe view of Ihe Iwst. no assumptions concwning tho future or èstimati uncertainly affècting assets and Iiablilies at the balancè sheel dale are likely lo result in a material adiuslmenl to Iheir Carng amounts in the next finan¢ial ypar. Fund accountlnq Unreslricled funds can be used in a¢cordan¢e wth the chantat4e OtiveS al tha dis11 of the trustees. Roslrlcted funds can only bo u30d for parlcular trIcted purFthes wlthln the rtj8¢ts of thg charity Reslriclions arbEe when $poth'fi8d by the donor (K When fuThJ8 ar• rdis8d lor particular re51ricte<J purposes. Furthèr èxplanation ol the nalure and purpose of each fund is in the notes to the financial slalem8nts. Incomln9 resou l incoming resour¢es aro inckKJe(I In the ststèmwt of financlal actlvrtles wtsn entllJem8nl h8s passed lo the charity," Trl is prob8tJe that the e¢orn benèfits associated with the transaction will flow lo the charity and ihe amnI can be relotAy measured. Thè f10n9 specific polici8s ar aPpld to p8rticular categories of incorne: income from donati¢)ns or gr&i'iS is recognbs•d wh8n there is evidence of entillemonl to Iho gift, receipl is prob8ble and its amount can be moasur8d r8ligLAy. legacy ineome is recogntsed vAn receipt ts ycthble and en11&Ml 1$ establishgd. Income from dDn81od gcths Is me8sured al lh8 falr value of the gcKMI8 unlgss thls IB impractical to measure rellably, In which case the value Is derived from the cost to the donor or thè eslimaled res40 valuo. Donateo facrtilles and s8rvic8s are recogniseo in Ihe accounls when received rf the value be Tdi8t4y me8sureO. No amounts arè induded lor Ihe contribution of general ¥(dunl88rs. irthme from eontracts for the SUpY of Se1¢x$ is recognised vriih the dellvery ol Ihe crJntrActed serwce. This is dassrfied as unreslricied furhjs unless there is a $traCtual requirement for il to be spent on a partth8r purp¢s¢ and returned rf unspent, in which case il may be regarded as restricted.
Whlte Rlver Community Church CIO Notes to the Flnancial Statements (e Year ended 31 December 2024 Countlng pollcle$ Intinu• R060urc•$ •xp•nd•d Expenditufe is recognised on an accruals basts as 8 lièbilily 18 incurred. Expen(iilure indLMles any VAT which c8nnol be fLAly recove. is da$sified under headings of the statement of finatal aGtivilies to f( relates". aXndItUre on raising funds Indud&s tho costs of all knndrai5ing actsvlkn'es, ovants. non- charitablo trading aclivlti65, an¢J the saa of donaled gocMJs. expenditure on chantable activities indudes all costs Incurred by a Gharity in urKlertaking 8ctlvitie5 that furthef its. (writable aims for ihe beneffit of its beneficiarie5, inclujing those 3UPPOrt costs and costs felaling to the governance of the charity app¢)rtioned lo charitable aGlivilies. olher expenditure indudes all eXpeTrjitu Ihai is neither related to raising funds for Ihe charity nor part of its expenditu on charilae actwities. l eosls are allocated to eXndIbJrO catagcl rellechng the use of Ihe resre. Direcl cosls attrfbulable to a sinu4e acwvily are dlocated direclly to that activity. Shared costs aTe apportioneé bets¥een the activ1rS they contn"trAJte io on a reasrywt4e. lustrf1ae aThJ consislent bas. Op•rallng Ivs•s Lease payments ar& recognised as an expense over Ihe lease term on 8 Slraight-line bgsis. Tho aggfegale benefit ol lease Int¥08 is feeogni8ed as a fedUc1M io expense ovw Ihe lease term. on a svaigh14ino basis. Tanglbl• a•sets TangitrAe assets are In11mY recordèd al COBI. and subsequ8nOy slated al cost 1888 any aecumulaled d8preciallon and imyaim)enl losses. Any tangl1e assets carried 81 revalued amounls are recorded at the lair vu8 al lh8 date crf Valuation loss any Subsequent aceumulaied depreckAlion ano subsequent a¢cumLtlaled impairment lossès. An Increase in Ihg Carng amount ol an asset as 8 result d a revaluotvJn. is recognised in other reccgnised gains aThJ losses, unless li reverses a charge l( Impatmienl Ihal has previously been reCenISed as expgndilurg within the statement oi finanoal activitw. A decrease In the carrying amount of an asset as a rfjsuli of revaluati)n, 15 recognised in other recffjnised 98ins an(J10ssos. except lo which rt oftsgts any Ffemous rèvdual)n gain, in c8se the loss is shown wthin othèr rècognised gains aTrJ losses on the statemenl of firsancial activities. D¢pre¢lallon Depfecialion is Galculated so 8s lo wriie off the wsl or ¥aluatbn of an asset. less 6ts resl¢Jual valu8, over the uselLA economic Ille of that asset as folk)V4B: Equipmenl 15% reducin9 b81ance 10
White River Community Church CIO Notes to the Financlal Ststements Year ended 31 December 2024 Donation$ #nd l•g•¢ies Unrestrlcteo T¢)tsl Fund$ Unr8strttod Tolal Funds Funts 2024 Funds 2023 Donatlon¥ Charitsble giving irwme ISWBAI Coffe& shop Family centre income HBII hire Ladies ministry income Mgns minisiry incomè YoLslh ministy incon Tithès and offerings Restricted fund income Children5 ministry income 7,734 21.784 7.734 21,784 2,460 5.055 2,534 1.885 401 118.674 8,590 15,510 2.459 3,418 2.199 1.379 116 78,699 1,705 123 8.S90 15.510 2,459 3,418 2.199 1.379 116 78,699 1,705 123 5,055 2.534 1.885 401 118.674 Gr•nt• Fk)rnily cenlre ASDA grant 1.3f 115,498 1,3C 115.498 160.713 160.713 Charlt•bl• actlvltl•s Urnstrted Total Funds Unrestred Tot4 FurK1s Fund5 2024 Funds 2023 Olhèr in¢t)me 41.771 41,771 20.639 20,639 Costs ol ral•lng donatlons and l•ycl•# Unreslncted Total FuTrds Unrestricted Total Funds Funds 2024 Funds 2023 Costs of raising donalions and legades 150.201 150,201 161,840 161,840 Net Incomel{expendltur•l Nel incom&llexwnditurel is slated after Chargin(CredItingl. 2024 2023 Depreciation of t8rvJiblg fixéd 8ss•ts Operating lease renta15 1,054 2,467 1.164 3.135 Indep¢nd•nt ¢xarnlnatltsn fees 2024 2023 Fees pardble to the indepentjent exaffiiner for. Independenl examinat of the financial statements 930 11
White River Community Church CIO Noles to the Flnancial Statements (¢ontynu Year ended 31 December 2024 Staff ¢ost$ The total slaff costs and empitiyth beneflts for Ihè f6P)ning 8r6 analysed as fdlows.. 2024 2023 Wages and salaries Social secunty costs Other employee benefits 75.473 3.194 233 68.277 2.922 957 78.9C4J 72.156 The average head count of employees during Ihe yEar was 412023.. 41 The average number ol fUltiMe equivalent employees durino the ar is analysed 85 fdlows.. 2024 Z023 No. Number of stsff No ernpki recefved emFloyee beneffts ol m(Ye than £60,IXIO during the 0T12023.. NII. 10. TN8te• r•muner•tlon and ¢Xpen• DuriNJ the pènc&l entled 31 December 2024 Irustees rec8wed no remuneration or other 8mfrts for services as InJ31•0s. Thè Charity h¥s engaged four ol the INsiees as employees Io Pfovide seNices other than as a Iruslee, and the remunerat paid in thi5 capacity lotalled £61,857 for tho period ended 31 Oecember 2024. There were no trustees. expenses PaKI for I perv)d ended 31 December 2024. 11. T•nglbh fix•d ••••ts Equlpm•nt Cost Ai i Janu8ry 2024 Addib'ons Disposals At 31 DKefflb•r 2024 8,485 loo 14251 8,160 D•prn¢la¢ion Al 1 January 2024 Charge lor the year At 31 D•c•mb•r 2024 1,466 1,054 2.520 Carrying amount At 31 D¢c•mb•r 2024 5.640 At 31 DécÈmber 2023 7,019 12
White River Community Church CIO Notes to the Flnanclal Statements Year ended 31 December 2024 11 Debtors 2024 2023 Trade deblors Prepawnenls aftd accrued 1me 6.870 3,436 16,102 10.306 18,770 13. Crgdltors: amounts lalliTrg du• wlthln one ygar 2024 2023 Accruals and delerred incom6 Social security and olher laxes 1.110 794 930 729 1,659 1& An•lysls ot ch•rltsbl• lunds Unre¥trld•d lund• At 1 January 20Z 31 D•c•mbgr 2024 Income Expendllure G9nal fuThJ5 202.484 1150.2011 95.772 Ai 31 December 2023 1 January 202 Incorne EKponditUTe Gener funds 69.12 136,137 1161.8401 43,489 13
White River Community Church CIO Notes to tho Financlal Statemevts (cor•th Year ended 31 Decèmber 2024 1& Analys1$ of net assèts between lunds UtrIcted Total Fund$ Funds 2024 TarKJit4e fixed assets Current assets c110r5 less tran 1 yaaf Net et¥ 5.640 92,036 1.9041 9S.772 5.640 92,036 11,gJ41 95.772 Unrostricted Total Fund5 Funds 2023 TangitAe fixed assets Current assets Creditors less than 1 7,019 38.129 11,659) 43.489 7,019 38,129 11,6591 43,489 N•1 aM•ts 14