TheKing'sChurch
Arnold
The King's Church Arnold
A Charitable Incorporated Organisation
Registered in England & Wales
Registered Charity, Number 1199632
Financial Ststements
for the Year Ended 31st December 2024
Page Contents
2-9 Trustees, Annual Report
10 Independent Examiner's Report
Receipts & Payments Account
12-13 statement ofAssets & Liabilities
14-17 Notes to the Accounts
Principal Office..
The King's Centre,
Shirley Drive,
Arnold,
Nottingham.
NG5 7JX

The King's Church Arnold
Trustees, Annual Report
for the Year Ended 31st December 2024
Full Name
The King's Church Arnold
Registered Charity Number
1199632
Principal Address
The Kings Centre Shirley Drive Arnold, Nottingham NG5 7JX
Trustees
Andrew Pickin - Chair
Michael Tinkler- Treasurer
Robert Burwood
Shelly Joddrell
Members
Andrea Smith - Leadership Member
Andrew Pickin - Trustee Member & Chair
Mark Hopkins- Leadership Member
Michael Tinkler- Trustee Member & Treasurer
Robert BuMood - Trustee Member & Leadership Member
Sarah Hopkins- Leadership Member
Shelly Joddrell - Trustee Member
Employees
Mark Hopkins- Team Leader
John Coates- Centre Manager IKMAC} (to 31st March 2024)
Joy Taylor- Children & Families Leader
Wez Smith- Church Operations Support
Independent Examiner
John O'Brien, employee ofCommunityAccounting Plus, Units 1 &2 North West. 41 Talbot
Street, Nottingham, NG15GL.
Banking
The Co-operative Bank, 2 Clumber Street, Nottingham, NG13GA.
Page 2 of17
The King's chU￿h Arnold, Registered charity number 1199632

Governance and Management
The charity is operated under the rules of its constitution dated 22nd July 2022.
Members of the charity are the Trustees and members of the Church Leadership Team.
current members are detailed above.
The Trustees are appointed by the Members ofthe CIO, Trustees serve a three-yearterm
ofoffice, there is no limitto the numberof temis an individual can undertake, provided the
Leadership Team continue to accept a Trustee standing for another three-year term.
One third of the Trustee Team come to the end of their three-year temi each year at the
Annual General Meeting IAGM}, a new Trustee serves the remainder ofthe tem of office
of the Trustee they repla￿.
Any Trustee who ceases to remain in fellowship with The King's Church Arnold may be
removed by The Members.
A Trustee may resign by writing to The Trustee Team and The Leadership Team.
Objectives and Activities
The Objects of the charity are..
al To advance the Christian religion for the benefit of Ihe public eilher in the United
Kin9dom or overseas in accordance wilh the Vision, Values and Ststemenl of Failh
appearing in the schedule of the Conslitution.
bl The advancement for the public benefit of religious or other education.
¢1 The relief of those in need, by reason of youth, age, ill-health, disability, financial
hardship or other disadvantage.
Summary of the Main Activities Undertaken for the Public Benefit
The Church's aim is to encourage the church community in their Christian faith and to
spread the Christian message in the locality of North Nottingham by weekly public
servi¢es of worship and teaching, by various other clubs, groups, practical works, and
outreach initiatives. It also actively supports and participates in the work of Christian
organisations involved in missionary and relief work within and outside the United
Kingdom.
The mission statement of the church is°Gratefully receiving the love of God and giving it
away to others..
Public Benefit Statement
The Trustees have referred to the guidance contained in the Charity Cornmission's
general guidance on public benefit when reviewing their aims and objectives and in
planning their future activities. In particular, the Trustees consider how planned activities
Page3 of17
The King's Church Amold, Registered charity number 1199632

will contribute lo the aim and objectives they have set. The Trust's activities and
beneficiaries are described below.
The Trustees confirm that they have complied with the duty in section 17 of the Charities
Act 2011 to have due regard to the Charity Commission's general guidance on public
benefit, 'Charities and Public Benefit,.
Summary of the Main Achievements During the Year
Our Present and our Future
"Gratefully receiving ihe love of God and giving it away to others" is a summary of our
heart and vision. We love to worship God., we delight in and seek to live in his grace,. we
seek to love one another and to share this love with those who do not know Jesus Christ
as Saviour. As a church we exist to..
O Learn and Grow
rf Love with open Hearts
Live Vibrant Lives
O Share Jesus with others
Closure of KMAC
Due to a key staff member leaving the organisalion for a new job role, we regrettably had
to close King's Money Advice Cenlre after 12+ years ofvital help and support to the local
community.
We are very grateful to John Coate5 the outgoing cenlre manager for all his hard work
and commitment over the years in launching and establishing Ihis service.
We are also very grateful to the Department for Culture, Media and Support who provided
funding for this activity between January and March 2024 through a grant from the
Community Organisations Cost of Living Fund.
We ensured existing clients of KMAC were referred on to Trent Vineyard's Step Forward
service (Registered Charity No. 1044369) to ensure they continued to be supported.
The operation of the centre was formally de-registered with the Financial Conduct
Authority and the supporting organisation Community Money Advice in April and
September 2024 respectively.
Church Activities
The Church is involved in many different activities and ministries that support the local
community and beyond, which are open and accessible to the public.
Compassionate Actlvltles
The church works in partnership with other local churches to help provide volunteers and
donations of goods for Arnold Foodbank (Registered Charity No. 1170229) and a local
clothing bank, Sharewear (Registered Charity No. 1170084).
Page4 of17
The King's Church Arnold, Registered charily number 1199632

Through regular monthly donations we continued to support the work of Ground Level
Ministries (Registered Charity No.1001599) who provide support and accountability for
local churches, including our church.
We have continued to support the work of Spark Ministries Ishkendije) in Albania
(registefed Albanian Charity) who seek to bring the love of God to the nation's children
through regular monthly donations. They aim to become a positive part of the Albanian
communities that they are reaching through both Spiritua5 and Practical work.
At the end of 2024 Mark Hopkinsjoined the Directors Board of Spark Ministries to further
our sUPPOrt of this organisation
The church members showed their support for a new charity, Baranku School Fundraising
Charity (Registered Charity No. 1208833), through the raising of funds to install a new
roof on the school building and through letting the charity use the church building to hold
a fundraising Barn Dance which raised £799 to support the school. The church also made
a £1,000 donation to the charity.
Community Activltles
Our toddler group. for new-bom children and those aged up to four and their parents and
carers, continues to meet once a week. Be￿een 30 and 45 children attend the group
each week. This group enables children to have a great time, and it also gives parents
and carers a chance to relax and chat together. Many great friendships have been built
up over the years.
KFC (Kings Friday Club) is a weekly youth group for anyone in school years 6 through to
12 which is full of fun, food, friendship, and faith. On average 12 young people attend
each week.
Café+ is a weekly community café meeting once a week to offera place to find friendship,
to connect and to have a chat over a cuppa.
Sunday Services
We continue to provide a regular Sunday morning church Servi￿ at 10:30am. We love to
welcome new people to our seNi¢es which include opportunities to worship and pray.
During the second half of the setvice the adults hear inspirational talks, and Ihe children
have groups which provide age-appropriate teaching, we also have a crèche for the little
ones. After the service we se￿e refreshments which provides an opportunity to build
community, relationships are really important at King's, we believe that the "church are
the people not the building in which we meeti
The Church has continued to use our YouTube Channel to broadcast the Sunday service
for people to watch live at home or to Catch up later.
The start of 2024 saw a week of prayer, this then continued throughout the year through
specific prayer meeting held through the week, together with Life Groups which are mid-
Page 5of17
The King's Church Amold, Registered charity number 1199632

week small groups which meet to help individuals grow in their faith and to build a stronger
church community.
In the autumn of 2024, we held Alpha Courses, an opportunity for church members
and guests to explore the truths of the Christian faith.
The church preaching team deliver inspirational talks during the Sunday morning
meetings of the church. These work in conjunclion wilh the weekly Life Groups which
follow the subject being preached on a Sunday with an opportunity to gather with a small
group of people to discuss the content further, explore what it means to people as
individuals and then apply it to their lives. During the year, we focussed on ' Prayers found
in the Psalms The Book of Revelations" and the "The Apostles, Creed"
Administration and Resourcing
The administration and resourcing area of the church provided central service and
infrastructure functions to enable the charity to function effectively and to support the work
of the other areas of the church. The current slaff team include Mark Hopkins (Team
Leader, 4 /2 days a week), Joy Taylor (Children's and Family Leader, 16 hours per weekl
and Wez Smith (Operations Support, 16 hours per weekl. The paid staff are
supplemented by a team of volunteers. We are so grateful for their service and dedication
to the smooth running and functioning ofthe church.
The church leadership structures were also expanded in 2024. Alongside a Core
Leadership team {who oversee the heallh and vision ofthe church) and the trustees (who
oversee the governance and compliance of the church) we introduced a Leadership
Forum, a team to work in support of the Core Leaders lo help build and strengthen the
culture of the church. This new team saw an additional 10 people step in to leadership
roles and it is hoped they will grow in their capacity and potential within the church.
Wider Work
The church continues to be a member of the national nelwork the Evangelical Alliance.
Mark Hopkins continues to work a one day per week paid role with the EA as their
Regional Unity Champion for the East Midlands.
We continue to play an active role in the work of Ground Level, releasing Mark Hopkins
o days a month to serve as a director for that organisation.
We have played an active role in Arnold Churches Together and directly worked with
other churches in Arnold. We have also played an active role in Nottingham City Prayer,
partnership of churches across the city.
The Trustees wish to extend their thanks to our staff team, the teams of volunteers and
everyone who attends the church for all that they do lo make "church" happen.
Serlous Incident Report
In line with Charity Commission guidance, the trustees made a serious incident report to
them concerning a fraudulent transaction of £26 debited by a company. This was also
Page6 of17
The King's Church Amold. Registered charty number 1199632

reported to Action Fraud. The charity's bank agreed that this was a clear case of fraud by
misrepresentation and they immediately blocked the company so that they could nottske
any further funds and refunded the £26.
The response by the Charity Commission concluded that "the trustees have dealt with
the matter appropriately and responsibly"
Financial Review
This Annual Report covers the period from the 1. January 2024 to 31st December 2024.
The charity's income to the end of 2024 was £124,675, expenditure was £100,823, the
surplus for the year was £23,852. The church funds increased from £93,137 at the end
of 2023 to £116,989 at the end of 2024, this rise was primarily due to the closure of the
KMAC debt advice service atthe end of March. The Leadership Team is considering how
to invesl the retained funds of the church to reduce the cash assets to £40k in line with
the reserve policy.
The charity uses the Flagstone financial platform which allows the church to place funds
in a variety of accounts quickly and simply without the need to open accounts with each
individual financial institution. We invest our £40k resetve fund in 6-month fixed term
accounts with Sainsburys Bank which yielded £2k of interest. We invested £30k be￿een
January and September, increasing to £40k be￿een September and December 2024 in
GB Bank, Investec and UBL 3 month fixed-term accounts, which yielded £1.1 k of interest.
The majority of the income comes from gifts made by members of the congregation, we
also claim additional income from gift aid on many of these donations. In 2024 income
from gifts and associated gift aid was £103,218 which accounted for 83 % of the church's
income. The amount of general unrestricted giving increased from £96,695 in 2023 to
£98,918 in 2024, a rise of 20/0. The Trustees and Leadership Team would like to express
their thanks to members ofthe congregation for their financial support of the church.
In addition to the general gifts members of the congregation also donated £3,925 to pay
for a replacement roof for the Baranku School in The Gambia, via the Baranku School
Fundraising Charity (Registered Charity No. 1208833). The church also supported the
school through hosting a fundraising barn dance which raised £799. The church also
made a £1,000 donation to the charity for the school.
During 2023 we successfully secured funding from Ihe Department for Culture, Media.
and Sport through their Community Organisations Cost of Living Fund for KMAC. During
2024 the church used the remaining £4,939 of funds to support the work of KMAC, more
details about this grant can be found in note 3 of the accounts on page 14.
During 2023 the church received a grant of £2,770 from Jigsaw Homes for the work of
KMAC, £2,488 of this grant was carried forward to 2024 as a restricted fund (see note 4
on page 15}. As this service was closed at the end of March. we agreed with Jigsaw
Homes that £1,000 would be transferred to Trent Vineyard's Step Forward setvice
Page7 of17
The King's Church Amold, Registered charity number 1199632

(Registered Charity No. 1044369) as they had picked up the debt support for clients of
KMAC after it closed. The remainder of the grant was used to support our work with
children and young people.
The church received a grant of £2,500 from Nottinghamshire County Council to assisl
wilh the increases of energy costs, £942 of which will be Carried foward to 2025 as
restricted fund.
We are grateful to Councillor David Brocklebank of Gedling BoroLtgh Council who made
a grant of£50 towards new toys for our Toddler group.
The Trustees and Leaders of the church would like to thank the Department for Culture,
Media, and Sport. Jigsaw Homes, Nottinghamshire County Council and Gedling Borough
Council for their support.
The total funds in the church bank accounts at the end of 2024 stood at £117.072, which
includes £83 of funds held for Arnold Churches Together (see note 5 on page 161, these
funds also include restricted funds of £986 for Marriage & Family Counselling, £10 for the
Baranku School Roof and £943 for Energy Costs, as well as £115,051 of unrestricted
funds (see note 4 on page 15).
Arnold Churches Together
The charity holds funds on behalf ofArnold Churches Together {ACTI which is a netsvork
of churches in the Arnold area. Donations of £75 were made during 2024, there was
expenditure of £404 leaving £83 to be carried forward lo 2025 (see nole 5 on page 16).
The church's Team Leader represents the church on ACT, he provides the Trustees with
a regular update regarding their work, and he authorises any expenditure, which is then
subject to the stsndard charity checks and controls.
Risks
The financial risks of the church are reviewed by the trustees at each of their quarterly
meeting, the following are some of the key risks.
The church is dependent on a few people to undertake key financial roles, we have
invested time to develop written procedures and to ensure more than one person can
carry out each of these roles, should that be needed.
In 2024 83 % of the church's general income came from donations made by individuals
and the associated gift aid (94 % in 2023). the church's activilies are therefore dependent
on individuals making donations. The decrease in the proportion of income reduced due
to some one-off grants detailed above and the fundraising for the Baranku School roof.
The church has a small team of staff, it is therefore dependent on teams ofvolunteers to
provide church activities. If the number of volunteers decreased, either the church
activities would need to reduce andlor more paid staff would need to be employed which
Page8 of17
The King's Church Arnold, Registered Charty number 119%32

would increase expenditure.
The key external risk that the church faces is Compliance. During the year Ihis risk
reduced due to the closure of the King's Money Advice Centre which was regulated by
the Financial Conduct Authority. Allhough this risk has reduced, compliance remains a
significant risk for the church, there is a need to comply with legislation such as Data
Protection, Health & Safety and Employment. The church has a range of policies,
procedures, processes, and systems to ensure compliance with all legislative
requirements. These are regularly reviewed., risk management is a standard agenda item
at every Trustee meeting.
The church has insurance in place to mitigate some of the Complian￿ risk, it also has
access to advice.
The charity's policy on reserves
The Trustees have reviewed the Charity's need for reseNes in line with the guidan
issued by the Charity Commission. The Trustees have identified the need to hold
unrestricted reserves of £40,000.
The level of unrestricted funds atthe end of2024 was £115,051, the church therefore has
nearly three times the level of unrestricted resetves identified in the resetve policy. The
church holds £40,000 in a six-month notice bank account.
The Church Leadership Team continue to identify ways in which the unrestricted funds,
over the £40k reserve, could be used to further the aims of the charity.
Signed on behalf ofthe charity's trustees:
Signed
Date: 9 June 2025
Andrew Pickin, Trustee
Pageg of17
The King's Ghurch Amold, Registered Charty number 1199632

The King's Church Arnold
Independent examiner's report to the trustees of
The King's Church Arnold
for the Year Ended
st
31 December 2024
I report to the trustees on my examination of the accounts of The King's Church Arnold
(the charity) for the year ended 31, December 2024.
Responsibilities and Basis of Report
As Ihe trustees of the charity, you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the charity's accounls carried oul under section
145 of the 2011 Act and in carrying out my examination I have followed all the applicable
Directions given by the Charity Commission under section 145{5)(b} of the Act.
Independent Examiner's Statement
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 Act- or
2. the accounts do not accord with those records.
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.
Signed
Date
John O'Brien Msc, FCIE
Employee of Cornmunty Accounting Plus
Page 10 of 17
The King's Church Amold. Reglstered charty nurnber 1199632

The King's Church Arnold
Receipts & Payments Account (see note 1)
for the Year Ended 31st December 2024
Unrestrictéd
Funds
Inote 61
Restricted
Funds
{note 61
2024
Total Funds
t¢al Fwnds :-Rec•ipts'"
£ 103,233
King's Church Arnold Charitable Trust
252
Awakenlncorn8 100
2,082
Bank Interest
3,869 £
433
191
875
473
£ 79,474
81,213 £
£ 17,221
17,705
2,770
£￿7,c￿N £
32
Notes
3)5•
305
3,869
191
473
&1,823
18,395
15,582
Toddler Group
CkJnaUons aThJ 96ft8 ￿1ved £
Grft Aid
3,6101111 £
690
8,5781111 £
KMAC
Photctopyng ChapJe
Use ol Building as Polling Station
Refijnds
£ 2Q6,372 -Total Recei
Payments
Charitable Trust Expen(tilure
Offte CA)sts
£IM 511 £ 111185lll £
Professional fees
3,590 £
Salary & contributions £
57,358 £
5,471111 £
Cleaning
6,039 £
Fiylures&Fthros t
435 £
Health&Saf8ty IIIIIII￿.. 11111 £1111 765 £
1,000
36 £
111,592 £ 13,083
1,000
124,675
956
2,475
5,045
£ 68,144
5,452
7,123
4,150
611
1,833
719
4,680
352
662
1,111
518
3,599
62,827
6,039
540
2,202
765
1,928
631
1,841
574
1,568
£ 111474
156
512
875
286
4,450
8,050
1,165
319
1,767
Insuran
1,571
Pho￿ & Bro¥Jband £1111 631
Repair and maintenance
1,841
Awaken ExpèThdilure
£ 111 369 £ ￿51111 £
Children & Youth Activities
1,568
Leajership Costs
£1111 474 £
Life Groups and Pastoral
156 £
PreachiThJ and leaching
£1• $12 £
Refreshments
875
Worship & IT
Mission Gifts IUKI
3,450 £
Mission Gffts Ioutsik the UK) IIIIUIWI £11114,135 £
Pastoral Grfts
1,165
KMAC Emergency Fund £
Training
Calè+
Evangelism
Toddler Group
Refunds
Bank cha
£ 113 235 Total Pa ments
£ 93.137 Net Recei
sl
ments
Cash funds al start DI this
Transleis between Funds
Cash funds at end of year
357
928
372
3,750
1,620
750
438
955
133
1,000
3.915111 £
3191111 £
140 1111 £ 1111140
488
572
36
111 £ •11 19)
100,823
23.852
93,137
488
£111 &85 £
36 £
190 £
87,368 £ 13,455
24,224
372
90.752
2,385
75 -£
75
115,051
1.938
187
ear
116,989
Page11 of17
The King's Church Amold, Registered charty numb•r 1199632

The King's Church Arnold
Statement of Assets & Liabilities
on 31Ot December 2024
Cash Assets
COO Current Account
COO Debit Card Account
COO Savin
s Account
Fla
stone Platform Accounts
Total all Bank Accounts,.
Cash in Hand
Less ACT Closing Balance
TDTAL CurTrnt.A8sèt*..,;
Note: Cash Assets are the amount of money held by the church in the church bank
accounts detailed in this table. The ¢hur¢h also holds funds for Arnold Churches Together
(ACT) and so this has been subtracted from the tolal amount in all the bank accounts to
show the total "Current Assets" which are the church's cash funds.
Note
10,448
624
26,000
80,000
£ 117,072
83)
£ 1,116.989
Fixed Assets Retained for the Charity's own use
Details
Purchase
Year
Lifespan
Fund to which
Asset Belongs
Purchase
Cost
Approximate
Current Value
Building
PA Speakers
Rear Projector
Reconditioned
Church PA
Admin Laptop
C&F Laptop
2001
2016
Unrestricted
Unrestricted
£ 180,000
£ 4,100
£ 210,000
410
2024
Unrestricted
120
80
2021
2022
2023
Unrestricted
Unrestricted
Unrestricled
600
350
300
TOTAL | £ 185,470 |
These "assets" are physical items such as computers and the building which the church
uses. The Trustees have shown how much it cost to purchased the item and
approximately how much it might be worth if we were to sell it. All of these items were
being used by the church at the end ofthe year.
120
88
150
£ 210,348
The Trustees wrote off the two KMAC computers which were donated, after the data was
deleted, to Trent Vineyard when they took over the KMAC clients after this service was
closed. The stage lights and video equipment were written off as they have come to the
end of their estimated life span, although they Gontinue to be used.
nf 17

The King's Church Arnold
Statement of Assets & Liabilities
st
on 31 December 2024
(Continued)
Other Monetary Assets
Restricted
funds
Detatls
Unrestricted
funds
75
679
2024 Interest Flagstone Account
Gift Aid Claim December 2024
Note: The above table shows the monetsry assets which were owed to the church at the
end of the year.
Liabilities
Details
Fund to whiGh the
liability relates
Unrestricted
Unrestricted
Unrestri¢ted
Amount due
When due
HMRC Salaries
Octopus Energy (see note 71
Independent Examiner's fee
(_£ 531)
(-£ 1,6631
(_£ 1,0801
Jan-25
Jan-25
May-25
Note: This table shows the amount of money that we owed to other organisations at the
end of the year.
These financial statements are accepted on behalf of the charity by:
Signed
Andrew Pickin, Trustee
Dated.. 9th June 2025
Page 13 of17
The King's Church Amold, Registered charity number 1199632

The King's Church Arnold
Notes to the Accounts
for the Year ended 31" December 2024
1. Receipts & Payments Accounts
Receipts and payments accounts contain a summary ofmoney received and money spent
dufing the year and a list of assets and liabilities at the end of the year.
Usually, cash re￿ived, and cash spent will include transactions through bank accounts
and cash in hand.
2. Total Receipts
During 2024 the church received..
£305 from members of the church towards the purchase of tickets by the church
for the Awaken Festival which is held annually by Ground Level..
£3,869 of interest from the bank accounls held by the church.,
£191 of donations from the people who attend the church's Café4 initiative.
£473 of donations from the people who attend the church's Toddler Group-
£84,823 of donations from the people attending Ihe church-
£18,395 of gift aid which was claimed for eligible donations received by the
church;
a £12,932 grant from the Department for Culture. Media and Sport for KMAC
a £50 grant from Gedling Borough Council
a £2,500 grant from Nottinghamshire County Council towards energy costs
a donation of £44 from Riverside Church, Southwell and a donation of £56 from
Hope Church, Sheffield towards the costs of Alpha
3. KMAC Cost of Living Fund
The church successfully applied for funds to support the work of KMAC from the
Department for Culture, Media and Sport via the Community Organisations Costof Living
Fund. The grant was donated to the church in two parts..
KMAC {U) Cost of Living Fund is an unrestricted grant of £6,904 for the work of KMAC
be￿een 24 July 2023 and 5 December 2023. This income was received in February
2024.
KMAC (Rl Cost of Living Fund is a restricted grant of £6,028 for the work of KMAC
be￿een 61h December 2023 and 31SI March 2024. The church used £1,089 of the
restricted fund on expenditure which occurred during 2023, the remaining £4,939 of
restricted income was used to cover the work of KMAC during the period 1, January 2024
and 31, March 2024. This income was re￿iVed in February 2024.
Page 14 of 17
The King's Church Amold. Registered charty number 1199632

The King's Church Arnold
Notes to the Accounts
for the Year ended 31st December 2024
(Continued)
4. Analysis of Funds (figures in brackets are negative amounts)
Restricted Funds (note 6)
Qpening
balance
Receipts
Payments
Transfers
Closing
Balance
Marriage & Family Counselling Fund
Awaken Tickets
205 £
KMAC Jigsaw Fund
£ 2,488
2,488 £
KMAC{R)CostofLivingFund(note3) {-£ 1,089) £ 6,028 £ 4,939 £
Baranku School Roof
£ 3,925 £ 3,915 £
Energy Costs Grant
£ 2.500 £ 1,558 £
KMAC Emergency Fund
375
300 (-£ 75)
Toddler Group Grant
50 £
50 £
Total Restrlcted Funds
986 £
986
205
10
Unrestricted Funds (note 61
General Funds
£ 97,656 £ 104,688 £ 87,368 £
KMAC (U) Cost of Living Fund (note 3) {-£ 6,904) £ 6,904 £
Total Unrestrlcted Funds l £ 90,7521 £ 111,592 | £ 87,368 | £ 75 | £ 115.051
Total Funds | £ 93,1371 £ 124,675 | £ 100,823 | £
| £ 116,989
Marriage & Family Counselllng is a specific gift that was given to the church to be used
to help any couples or families in need of counselling.
Awaken Tickets - contributions towards the cost of tickets for Awaken, a Ground Level
Event.
75
£ 115,051
KMAC Jigsaw Fund- a grant from Jigsaw Homes for the worf( of KMAC, as this service
was closed at the end of March, it was agreed with Jigsaw Homes that £1,000 would be
transferred to Trent Vineyard's Step Forward seNice (Registered Charity No. 1044369)
as they provided debt support for clients of KMAC after it closed. Jigsaw Homes agreed
that the remainder of the grant could be used to support the church's work with children
and young people.
KMAC Cost of Living Fund- see note 3.
Baranku School Roof - donations from the church to replace the roof of the Baranku
School in the Gambia through the Baranku School Fundraising Charity (Registered
Charity Number 1208833). The balance of £10. which came from a back-dated gift aid
claim, will be paid to the charity in 2025.
Energy Costs Grant -
grant from Nottinghamshire County Council to assist with
expenditure on energy.
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The King's Church Amold, Registered charity number 1199632

The King's Church Arnold
Notes to the Accounts
for the Year ended 31st December 2024
(Continued)
KMAC Emergency Fund- funding given specificallyto assist clients ofthe King's Money
Advice Centre. This service closed during 2024,. a donor of this funding has given their
permission to transfer Ihe £75 left in this restricted fund to the charity's unreslricted funds.
Toddler Group Grant - a donation from Gedling Borough Council Councillor David
Brocklebank for the Toddler group.
5. Arnold Churches Together Third-Party Fund
held by The King's Church Arnold
Opening Balance l £
Income
Expenditure
Closing Balance
412
75
404
Arnold Churches Together (ACT) is a nemork ofchurches across the Arnold area. As the
financial activity of ACT is very limited the church have agreed lo hold the funds on their
behalf. The income into this fund tend5 to come from donations from each church in the
ne￿ork, as and when a￿1Vity is agreed, if the fund balance is insufficient.
The charitable objective of the network is the advancement of the Christian Religion. The
ne￿Ork is an unregistered unincorporated charity.
We distribute funds on behalfofACT, when instrucled, provided there are sufficientfunds
available. As detailed on page 8 the church's Team Leader (Mark Hopkins) represents
the church on ACT, he updates the trustees on any ACT activity and he authorises any
ACT expendilure, which is then the subject of the usual church financial controls.
The ACT funds at the end of 2023 were £412, we re￿iVed £75 of donations at an ACT
event, after expenditure of £404, the ACT funds held by the church at the end of 2024
were £83 which will be carried fO￿ard to 2025.
6. Glossary of Terms
Restricted funds are those funds thatthe trustees are obliged to spend only on particular
purposes set out by the donor, or in an appeal document, and these particular purposes
are narrower Ihan the charity's objects.
Unrestricted funds are those funds that the trustees are able to spend for any of the
charity's charitable purposes.
KMAC: The King's Money Advice Centre, which was a servi￿, provided by the church
to support people who have debt.
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The King's Church Amold, Registered charty number 1199632

The King's Church Arnold
Notes to the Accounts
for the Year ended 31st December 2024
(Continued)
Gift Aid: Gift Aid is a scheme available to charities. It means we can claim extra money
from the government. The charity can claim an extra 25p for every £1 donated, as long
as the person making the donation has paid sufficient tax and makes the donation from
their own funds.
ACT: Arnold Churches Together, a network of churches across the Arnold area.
7. Gas & Electricity
The cost of utilities in 2023 was £4,150, it was £2,202 in 2024, this reduction was due to
the supplier of Gas & Electricity failing to take direct debit payments from June 2024 to
the end of December. The amount owing lo the supplier for gas and electricity
consumption during this period was £1.663 which will be paid during 2025.
Page 17of17
The King's Church Arnold, Registered charity t)umber 1199632