This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2024-08-31-accounts
| Trustees |
HJSchofield |
|
|
GRSims |
(Appointed3January2024) |
|
SGGibbs |
|
|
AGSimpkins |
|
|
PGray |
|
|
APJames |
|
|
RWightman |
|
|
SChitty |
(Appointed31January |
|
|
2025) |
| Charitynumber |
1203287 |
|
| Companynumber |
14676396 |
|
| Registeredoffice |
21MeadowcourtRoad |
|
|
London |
|
|
SE39DU |
|
| Auditor |
PerrysAuditLimited |
|
|
4thFloor |
|
|
399-401Strand |
|
|
London |
|
|
UnitedKingdom |
|
|
WC2ROLT |
|
|
Page |
| Trusteesreport |
1-4 |
| StatementofTrusteesresponsibilities |
5 |
| Independentauditor'sreport |
6-8 |
| Statementoffinancialactivities |
9 |
| Balancesheet |
10 |
| Statementofcashflows |
11 |
| Notestothefinancialstatements |
12-21 |
| TheTrustees,whoarealsothe |
directorsforthepurposeofcompanylaw,andwhoservedduringtheyear |
| anduptothedateofsignatureofthefinancialstatementswere: |
|
| HJSchofield |
|
| GRSims |
(Appointed3January2024) |
| SGGibbs |
|
| AGSimpkins |
|
| PGray |
|
| APJames |
|
| RWightman |
|
| SChitty |
(Appointed31January2025) |
27 May 2025
|
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
|
funds |
funds |
|
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
Notes |
£ |
£ |
£ |
£ |
£ |
£ |
| Incomeandendowmentsfrom: |
|
|
|
|
|
|
|
| Donationsand |
|
|
|
|
|
|
|
| legacies |
3 |
2,700 |
148,103 |
150,803 |
72 |
60,575 |
60,647 |
| Charitableactivities |
4 |
1,210,025 |
1,224 |
1,211,249 |
- |
9,155 |
9,155 |
| Otherincome |
5 |
411 |
- |
411 |
- |
- |
- |
| Totalincome |
|
1,213,136 |
149,327 |
1,362,463 |
72 |
69,730 |
69,802 |
| Charitableactivities |
6 |
1,053,147 |
35,000 |
1,088,147 |
676 |
|
676 |
| Netincome |
|
159,989 |
114,327 |
274,316 |
(604) |
69,730 |
69,126 |
| Transfersbetween |
|
|
|
|
|
|
|
| funds |
|
34,730 |
(34,730) |
|
|
|
|
| Netmovementin |
|
|
|
|
|
|
|
| funds |
|
194,719 |
79,597 |
274,316 |
(604) |
69,730 |
69,126 |
| Reconciliationoffunds: |
|
|
|
|
|
|
|
| Fundbalancesat1 |
|
|
|
|
|
|
|
| September2023 |
|
(604) |
69,730 |
69,126 |
|
|
|
| Fundbalancesat31 |
August |
|
|
|
|
|
|
| 2024 |
|
194,115 |
149,327 |
343,442 |
(604) |
69,730 |
69,126 |
|
|
2024 |
|
2023 |
|
|
Notes |
£ |
£ |
£ |
£ |
| Fixedassets |
|
|
|
|
|
| Tangibleassets |
12 |
|
7,427 |
|
|
| Currentassets |
|
|
|
|
|
| Debtors |
13 |
14,099 |
|
22,393 |
|
| Cashatbankandinhand |
|
462,140 |
|
48,767 |
|
|
|
476,239 |
|
71,160 |
|
| Creditors:amountsfallingduewithin |
14 |
|
|
|
|
| oneyear |
|
140,224 |
|
2,034 |
|
| Netcurrentassets |
|
|
336,015 |
|
69,126 |
| Totalassetslesscurrentliabilities |
|
|
343,442 |
|
69,126 |
| ThefundsoftheCharity |
|
|
|
|
|
| Restrictedincomefunds |
15 |
|
149,327 |
|
69,730 |
| Unrestrictedfunds |
|
|
194,115 |
|
(604) |
|
|
|
343,442 |
|
69,126 |
|
|
2024 |
|
2023 |
|
|
Notes |
£ |
£ |
£ |
£ |
| Cashflowsfromoperatingactivities |
|
|
|
|
|
| Cashgeneratedfromoperations |
20 |
|
424,513 |
|
48,767 |
| Investingactivities |
|
|
|
|
|
| Purchaseoftangiblefixedassets |
|
(11,140) |
|
|
|
| Netcashusedininvestingactivities |
|
|
(11,140) |
|
|
| Netcashusedinfinancingactivities |
|
|
|
|
|
| Netincreaseincashandcashequivalents |
|
|
413,373 |
|
48,767 |
| Cashandcashequivalentsatbeginningofyear |
|
|
48,767 |
|
|
| Cashandcashequivalentsatendofyear |
|
|
462,140 |
|
48,767 |
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Donationsandgifts |
2,700 |
148,103 |
150,803 |
72 |
60,575 |
60,647 |
| Incomefromcharitable |
activities |
|
|
|
|
|
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Othertradingactivities |
|
|
|
|
|
|
| Delegateincome |
950,383 |
|
950,383 |
|
|
|
| Commissions |
13,500 |
|
13,500 |
|
|
|
| Cafe |
93,363 |
|
93,363 |
|
|
|
| Sponsorship |
3,440 |
- |
3,440 |
|
|
|
| Newfrontiersofferings |
149,339 |
- |
149,339 |
|
|
|
| Giftaid |
|
1,224 |
1,224 |
|
9,155 |
9,155 |
|
1,210,025 |
1,224 |
1,211,249 |
- |
9,155 |
9,155 |
| Unrestricted |
Unrestricted |
| funds |
funds |
| 2024 |
2023 |
| £ |
£ |
| 411 |
|
|
unrestricted |
unrestricted |
|
funds |
funds |
|
2024 |
2023 |
|
£ |
£ |
| Directcosts |
|
|
| Staffcosts |
64,648 |
|
| Travel |
3,707 |
16 |
| ITcosts |
17,610 |
|
| Subscription |
6,885 |
|
| Insurance |
15,612 |
|
| Infrastructurecosts |
187,817 |
|
| Corefestivalcosts |
553,809 |
|
| AdvertisingandMarketing |
16,926 |
|
| Consumables |
85,097 |
|
| OneTeamCosts |
16,558 |
|
| Operationalcosts |
15,037 |
|
| Pastoralcosts |
7,951 |
|
| ProgrammeandMinistrycosts |
8,555 |
|
| Sundry |
83 |
|
| Activities |
30,636 |
|
|
1,030,931 |
16 |
| Grantfundingofactivities(seenote7) |
35,000 |
|
| Shareofsupportandgovernancecosts(seenote8) |
|
|
| Support |
12,616 |
|
| Governance |
9,600 |
660 |
|
1,088,147 |
676 |
| Analysisbyfund |
|
|
| Unrestrictedfunds |
1,053,147 |
676 |
| Restrictedfunds |
35,000 |
|
|
1,088,147 |
676 |
| Grantspayable |
|
|
|
|
unrestricted |
|
|
funds |
|
|
2024 |
|
|
£ |
| Grantstoinstitutions: |
|
|
| Other |
|
35,000 |
| 7 |
Grantspayable |
|
(Continued) |
| 8 |
Supportcostsallocatedtoactivities |
|
|
|
|
2024 |
2023 |
|
|
£ |
£ |
|
Depreciation |
3,713 |
|
|
Bankcharges |
398 |
|
|
Printing,postageandstationary |
6,154 |
|
|
Legalandprofessional |
534 |
|
|
Teammeetings |
1,817 |
|
|
Governancecosts |
9,600 |
660 |
|
|
22,216 |
660 |
|
Analysedbetween: |
|
|
|
unrestrictedfunds |
22,216 |
660 |
| Theaveragemonthlynumberofemployeesdurin |
gtheyearwas: |
|
|
2024 |
2023 |
|
Number |
Number |
|
3 |
|
| Employmentcosts |
2024 |
2023 |
|
£ |
£ |
| Wagesandsalaries |
63,978 |
|
| Otherpensioncosts |
670 |
|
|
64,648 |
|
| 12 |
Tangiblefixedassets |
|
|
|
|
|
Fixturesand |
|
|
|
fittings |
|
|
|
£ |
|
Cost |
|
|
|
Additions |
|
11,140 |
|
At31August2024 |
|
11,140 |
|
Depreciationandimpairment |
|
|
|
Depreciationchargedintheyear |
|
3,713 |
|
At31August2024 |
|
3,713 |
|
Carryingamount |
|
|
|
At31August2024 |
|
7,427 |
| 13 |
Debtors |
|
|
|
|
2024 |
2023 |
|
Amountsfallingduewithinoneyear: |
£ |
£ |
|
Tradedebtors |
8,099 |
22,393 |
|
Otherdebtors |
6,000 |
|
|
|
14,099 |
22,393 |
| 14 |
Creditors:amountsfallingduewithinoneyear |
|
|
|
|
2024 |
2023 |
|
|
£ |
£ |
|
Othertaxationandsocialsecurity |
2,045 |
|
|
Tradecreditors |
126,734 |
|
|
Othercreditors |
455 |
|
|
Accrualsanddeferredincome |
10,990 |
2,034 |
|
|
140,224 |
2,034 |
|
At1 |
Incoming |
Resources |
TransfersAt31August |
TransfersAt31August |
|
September |
resources |
expended |
|
2024 |
|
2023 |
|
|
|
|
|
£ |
£ |
£ |
£ |
£ |
|
69,730 |
149,327 |
(35,000) |
(34,730) |
149,327 |
| Previousyear: |
At1 |
Incoming |
Resources |
TransfersAt31August |
|
|
September |
resources |
expended |
|
2023 |
|
2022 |
|
|
|
|
|
£ |
£ |
£ |
£ |
£ |
|
|
69,730 |
|
- |
69,730 |
|
At1 |
Incoming |
Resources |
TransfersAt31August |
TransfersAt31August |
|
September |
resources |
expended |
|
2024 |
|
2023 |
|
|
|
|
|
£ |
£ |
£ |
£ |
£ |
| Generalfunds |
(604) |
1,213,136 |
(1,053,147) |
34,730 |
194,115 |
| Previousyear: |
At1 |
Incoming |
Resources |
TransfersAt31August |
|
|
September |
resources |
expended |
|
2023 |
|
2022 |
|
|
|
|
|
£ |
£ |
£ |
£ |
£ |
| Generalfunds |
|
72 |
(676) |
|
(604) |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
|
£ |
£ |
£ |
| Fundbalancesat31August2024arerepresentedby: |
|
|
|
| Tangibleassets |
7,427 |
- |
7,427 |
| Currentassets/(liabilities) |
186,688 |
149,327 |
336,015 |
|
194,115 |
149,327 |
343,442 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
|
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
| Fundbalancesat31August2023arerepresentedby: |
|
|
|
| Currentassets/(liabilities) |
(604) |
69,730 |
69,126 |
|
(604) |
69,730 |
69,126 |
|
2024 |
2023 |
|
£ |
£ |
| Withinoneyear |
84,000 |
|
| 20 |
Cashgeneratedfromoperations |
2024 |
2023 |
|
|
£ |
£ |
|
Surplusfortheyear |
274,316 |
69,126 |
|
Adjustmentsfor: |
|
|
|
Depreciationandimpairmentoftangiblefixedassets |
3,713 |
|
|
Movementsinworkingcapital: |
|
|
|
Decrease/(increase)indebtors |
8,294 |
(22,393) |
|
Increaseincreditors |
138,190 |
2,034 |
|
Cashgeneratedfromoperations |
424,513 |
48,767 |