| 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 |