**The Greenhouse Church Registered Charity Number: 1201399** **Accounts for the Year ended 31 March 2024** Trustees, Annual Report for the period From 1 January 2023 10 31 March 2024 Charrty name: The Greenhouse Church Charrty registration number: 1201399 Charity addfesl . High Chimneys Norlh WiTrg Davis Street, Hurst ReadirTrg RG10 OTH Conlacl detats '. in reen￿{￿￿￿UI3I.co.￿[ Trustees . Brooke Johnston Minakhi Chowdhury-westlake Vaughan Wickins Independent Examine1..G￿ Bookkeepe Bankers . Lloyds Bank CSU Chartton Place Charlton Road Andover Hanls SP10 1RE Charity Objeclives and Activities The advancement of the Christian farlh in parb'cUl￿ Ibut without hrnitation} by providing worship, Pfayer and Christian leaching. In addition to weekly SuTrJay servKes, Ihe Church also advances re&'gion. in parlicular but nol exclusivety, by holdiTrg'. a ladies Imble Study on Friday rnomings". - a men's group on Saturday Morn￿9$ - Youth group for 13-18 year old girfs and boys on FThJay nights., Participation in Wyld life a youth group for 11_14 year olds on 14lorwJay niyhts - Alpha and HTB Marriage courses. Trustees Statement with regards to Public Benefft The Iwstees confirm that they have had regard to the guKlance issued by the Charity Comrnissbon on public benefft when exercising their duties and rnakn.ng decisions In accordance wth thls guKlance. our church advances the Christian faith through regular worship services. Christian teaching, and vaibous other religbous activities. These actNities, including Bible studies. youth groups: and courses like Alpha aTrd the FrtB Marriage CoU￿e, are accessible to the wider communrty and aim to foster a deeper understanding of Christian value5. The trustees are committed to ensuring Ihat these aclnirbes benefrt the public by promoting spiritual growth. prowdiTrg Support, and fostering community engagement in liTre wrth our charitable obiectives. Achievements and Performance Over the past year. the chaiity has made swjnrficant conlributiofts to both its local eofflmunty and inlemational OLrtreaGh efforts. Our youth demogiaphic. parts"cularfy the 11- 14-year-olds, has been won¢Jerfulty aclive, viith 0￿￿eT teens laking on lea¢Jership roles by helping to facilrtate Wyld Lrfe youth groups. This has fostered a culture 01 mentorship and community building among the younger aTrd older generat￿n$, encoura9ing person growth. leadership, and a spirrt of seTrice within our youth groups. In addition to youth irNolvement. Ihe charity hag played a vital role in promoling geTrero nd glob& compassion by supporting the Ufahari Charity in uganda Our conlribution5 have directty helped vulnerable girls in Kalerwe and Dther parts of Kampala. rnaking a tangib￿ difference I￿ their INes by providiTrg them wth essential support and resources. On a local level. the chanty has successfulty run muttiple Alpha Courses aThJ the HTB Marriage Coulse, both ol wttich have ljeen open lo and attended by members of the public. These courses have created opportunities for indwiduals to explore faith, strengthen relabonships, aTrd engage in meaningful community discussions. Throuyh these acts"vths. the chatity has fostered a spirit of gI￿ng. inclusivty. and spiritual gr¢Trrth. benebting nol only our immediate beneficiaries bul also conln"buts"ng to the Wi*Jer comrnunty and society as a whole. A number of families have four￿ the Church online or by word of rnouth. Regular giving Regular monthly giving increased frorn £2.500 per month at the start of the Peri(￿ to around £4.500 with regular givers increasing from 10 famlies to 17 over the period. The Church has a strong spirit of generosknj with specific donations received to support additional costs including a sound systern. heating systern and a coffee rnachine. Siruclure. Governance and Management The Greenhouse Church is governed by rts CIOIChaiTtable Incorporated Oryanisalionl- There are Ihree trustees and rneelings are held at least three times a year. Financial Review The Trustee3 are pleased lo present their report together with the financial statements of The Greenhouse Church lor the year ended 31 March 2024 These statements have been prepared in accordance wrth Ihe chartys goveming docurnents and cornply with the relevant provtsions of the CharTbes Act 2011. along with any applicable regulats.ons for small charities as well as UK Generalty Accepted Accountsno Practice (UK GAAPI. The financial statements have been prepared on a receipts and payments basrs. Ivhich provNJes a sirnplffied reporting method appropriate lor our chanty's size and structure Addrfionaly, the Twustees confirm that an independent examination has been conducled, a5 per the requirernents of Ihe Charty Commission. and thal Ihe financial staternents comply with UK accounting slandards, Whe￿ applicable The Trustees are satisfied wtlh the chatity's financial heallh and will Continue to mana9e resources pruden1ty to lulfll the charity's ot4ecti¥es. The fmancial position of The Greenhouse Church as of the end of the financial year rema￿$ healthy, reflethg responsible stewardship of the chur¢h-$ resources and a commitment to advancing rts charitable obiectives. Below are the key financial highlbJht$.' Total Revenue". £60.660. dtrven prirnarily by tithes and offerings. %vhich contribLrted £50.780. Administrative C08ts." amounted to £44.875, with salaries {£16,667). repairs and rnaintenance 1£3.3701. general expenses1£5.043). the Church sponsoptship of the youlh Wykl Ufe Camp(£3,1501 and charilable donal￿n81£9,249I being the ma admin costs. Operating Profit- The chattty iecoided an operating profft of £15,785, demonstrating effeclNe management of resources. other Income" Specif*d oivino was £9,881. Net Current A¥set¥ The tolal net assets of the church as of 31 March 2024 stand at £24.01 I, renecting the Church's growth. Fixed Asset¥" The ￿ed asset5 primatily consist of office equipment valuetl at £5,159. These assets support both administrative funclions and community outreach efforts. cuf￿nt Agsetg" The church holds £16.808 in cash at the bank and on hand. ensuting IwuKIty and the ablity to cover day-to-day expenses. Capital and Re8erye8. The Current Year Eamings were £14785. demonstrating financial %ustainakM"Irty. Retained Earning¥ from ptewous periods amount to £8.227 Total Capital and reJerve* at year end were £24,011 Overall. the ffinan￿al health Df The Greenhouse Church is strong, with sufficient reserves and liqvidity to support its ongoing ac1iwlies Review of Re•erye$ - The T￿￿lee$ aim to relain a rnininum reserve of £lO,OIJO, representing approximatety three rnonths. worth of essenb.al operatsonal costs. This level of reserves wll enable the chaiity to conts.nue rts activities without disruption during unforeseen circumstances. such as a dech.ne in income or unexpected expenses. As at year end, the eharrty has a cash balance 01 £16.808, comfortabty satssfying our goal of mainlainiTrg reserves equivalent to three months of operat￿9 costs The reserves will be reviewed annualty by the Tr￿Stee3 to ensuwe that the level remaiTr appropiiate in relation to the charity's operational need8. planned acmies, arMJ financial enwronment_ Statement of Trustees. Responsibilities The trustees are responsible for preparing the Report of the Trusteex and the financial statements in accordance with applicable law and Unbted lQngdom Accounting Standards (Unrfed lQngdom Generaly Accepted Accounting Practice). The law applKable to charities in England and Wales. the Charits"es Act 2011, Charity (Accounts armj Reports) Regulations 2008 and the provisions of the CIO requires the trustees to prepaie financial slatements for each financial year which give a true and fair view of the state of affairs of the chanty and of the incoming resources and applicatson of resources. of Ihe charrty lor Ihat peric*J. In preparing those financial statements, the truslees are required to select suitable accounlirrfj polic￿3 and then apt4y thern consistently: stale whether applicable accounting Standards have been followed_ subject to any material departures disclosed and explained in the financial stalements make Judgements arKI estimates that are reasonable and pwdent., Prepare the financial statements on the going concern basis unless it Is inappropriate lo presume that the charity will continue in Iwsiness. The twstees are responsible for kee￿ng proper accounting records which disclose wilh reasonable accuracy at any time the financial posrtion of the charrfy and to enable them to ensure that the financial stalements compty %Mth the Charities Act 2011, the Charity (Accounts and Report%) Regulations 2008 and the provtsions of the CIO. They are afso responsible for safeguarding the assets of the charrty and hence for taking reasonable steps for the prevention and ¢Jetects"on of fraud and other irregularities Approved by the ordw of the trustees ¢)n 29 January 2025 and signed on Iheir behalf by Twslee CHARITY COMMISSION FOR fNGIAfrK) ANf) WAL FS Independent examiner's report on the accounts Report to the trusteesl members of The Greenh￿￿Se Chwch On aecounts for the year ended 31" March 2024 Charily no lif any) 1201399 Sei on page$ I to the trustees C￿ my examinati￿ ol the accounts of above Ch￿ {Ihe Trusfi ky the year e￿Ie￿ 31 1 Q3 12024. Re$poTh$ibilitie$ and basis ol report As Ihe Chari￿$ tnkstee$, you are ￿9p￿sIble for the sxeparatk)n of acwunts in acc¢ydance the reouwmenls of the Charities Act 2011 Acr). I reFO)rt in respect of my examinatK*n of the Trusvs accounts carried oui under seC￿n 145 of tts 2011 Act and in Carryiig olrt my ex8minab(ffj, I have folb)bved all the applicab￿ Dwe¢b￿S 9iben by the Chanty Commi9sK)n under seclKsn 1495Xbl of the Act. Independent I have com ￿ete￿ my examinatk)n. I confirni that no materral matters have exarninerfs statefflent come to my attention in ¢cnnect￿n with the examination vthi¢h give5 me cause to t￿lIeve that in, any Mate￿￿ reskEct". the accounb'ThJ records were not kept in aCCord￿ce see￿n 130 of Ihe Charities Act.. or the accounts rKst accord ¥frth the accounimg rec(Yds,' or the accounts dKI r￿¢ ¢ompty wrth the ar4)Icable requirements con¢eming the fcrfm and wntent of accwnts get ¢xJt in the Chwths IAccounts and Reports) RegulatK)ns 2008 other than any requirement that the accounts gi%E a Inje and fa￿ view vthich a matter conside￿￿ as part of an indeFenOent examination. I have no concerns at¥J have come acro￿ no other rnattefs in co[￿ett the examinatKsn to which attention should ￿ drawn in Ihis repjrt in der to enal￿e a wotEr Underst￿1￿ of the a¢¢ount$ to be readTred. Signed: Date: 2910112024 Name: SANDY LILFORD Relevani professional qualificationlsl or body lif anyl: ICB Adthes8: 2 ST NICHOLAS COThAGE POPLAR LANE RG10 ODL IER Oct 2018 Section B Disclosure Qnry c*)ry*ie rf me e￿rnMer nee(15 to nvJniYJni motenwi fnwtter5 of con¢em (see CC32. Independentex8min8tK*n ofch8nty se￿)Unts.. *jYÈct￿nS an guhJ8nce f0reX8rne￿). Give here brief detai15 of any i*rn5 that the examiTrpr wishes diselose. NO MATTERS OF CO￿ERm IER Oct 2018 ## **The Greenhouse Church Year ended 31 March 24 Income & Expenditure Account** |**Income**
Tithes / Offerings
Other Income
Interest Received
**TOTAL INCOME**
**Expenditure**
Salaries
Employers NI
Employers Pension
Advertising & Marketing
Audit & Accountancy
Bank Fees
Camp Fees
Charitable and Palitical Donations
Cleaning
Consulting
Courses/ Books
General Expenses
Insurance
IT Software and Consumables
Light, Power, Heating
Printing & Stationery
Rent
Repairs & Maintenance
Subscriptions
**Surplus / (Deficit)**|**2024**
**2023**
**£**
**£**
50,780
9,881
60,660
-
16,667
-
235
22
1,647
210
3,150
9,249
248
2,050
786
5,043
168
124
800
69
748
3,370
289
44,875
-
**15,785**
**-**| |---|---| |**The Greenhouse Church**
**Year ended 31 March 24**
**Balance Sheet**
**ASSETS**
**Fixed Assets**
**Current Assets**
Bank Account
Prepayments
Debtors
Other debtors
**TOTAL ASSETS**
**LIABILITIES**
Trade creditors
Advance Payments
Accruals
PAYE due to HMRC
NI due to HMRC
Pension contributions due
**TOTAL LIABILITIES**
**Net Current Assets**
**Net Assets**
**Capital Account**
Balance at start of period
Net (Deficit)/Surplus|**2024**
**£**
5,159
16,808
2,341
-
24,308
-
-
250
47
297
24,011
**24,011**
8,227
15,785
**24,011**|**2023**
**£**
-
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