Charlty Nurnber Company number 1204826 CE033619 OLIVE BRANCH COMMUNITY CHURCH Reportand Accounts forthe perlod ended 31 March 2024
OLIVE BRANCH COMMUNITY CHURCH Report and Accounts lor the pellod to 31 March 2024 Contents Page Trust Informatlon Trustees Report Trustees Responslbllllles Independent Examlner's Report Statement of Flnancial Actlvltles Balance Sheet Notes tolheAccounls 9-11 Detalled Statement of Flnancial Activities 12
OLNE BRANCH COMMUNITY CHURCH Trusl Inlorniatlon for the perfod to 31 March 2024 Charlty Number 04826 Company number CE033619 Trust8•8 AnlhonyAiexander 8ryce Eric Emanuel Cockburn Norma Gordon-King AddreYJ Hope Park Buslness Centre Hope Park Bradlord West Yorkshlre BD58HH Independerf Examlner S J Sutcllffe FCCA Toievell Dent Llmiied 1-3 StAnn's Place Pellon Lane Hallfax HXI 5RB Bankers Iloyds Bank plc 25 Gresham Street London EC2V 7HN Page I
OLIVE BRANCH COMMVNITYCHURCH Trustees Annual Report forthe perfod 1031 March2024 L INTRODUCTION The trltstees ol Ollve Branch CommunitylOBI are pleasedto presenl Iheirannual report togetherth the financial statements forthe period ending 31 March 2024. Thls report has been prepared in accordance th the CharitiesAct 2011 and the charlty Commission's Statemem of Reconmmended Practice ISORPI FRS 102. I OBJECTIVES ANDACTIVITIES Charftable Oblecllves: OB Is dedicated to creatlngsale spaces where Indivlduais can explore anddeepen theirfaith In Jesus Chrlst. Our prlmary objectivès are: To advancethe Chri51Ian reiloon for Ihe public benefit by hoidlng ot prayer meetlngs, publlc celebratlons ol Chrlstian retiglon and OTeaCh wo. To provide biblicalteachings that offerwAsdom and guldance lor Ilfes's clrcumstances. To losterchrlstlan fellowshlp as a means otsupport and strenethenlngspiritualvalues. alDktSvlU From the date ol our reglstrallm. 20 September 2023 to perfod ended 31 March 2024 OB engaged In vaFlous a¢tivltle5 tofuffil its charltable objectNes. SundaySeNlce$: Heldweektyat Hope Par*Workspaces. our seNlces included prayer sessions. blble readings, and singingol psalms. hymns. and spiritual songs. These gatherlngs provlde coneTegants wfth opponunltlesto conne¢twith God and each other. Chlldren and Y¢Nrth Programs: Duringswvices. we offered breakout 5esslons for prlmary school-aged children. proviijing age-appr0prie blbti¢alteKhings and dedlcated youth 5eNces. Communlty Oulr••ch: OB organised eventsfocused on womens's well-belng and men's health and also prowde each month a Iree bjnchtor approximatley 50 Visitors. Page 2
OLIVE BAANCH COMMUNITYCHURCH TwJteegAnnualAportlcorfnue411 lor¢hperfod to31 March 2024 &ACHIE¥MENIS¥lND PERFOA14ANCE In 2024, 08 made sign11castrJeS in adyancknlns mlssfion. Incr••s•dAttend•n¢•:We obseThod asteaty knCreasekntySep#1Ceatterm}¢e. nectlngthE communlvs IW¢tStanO Interest inSerVe$. Pre4•ThkellWMe¢l1ncJanUary2O24 sawthe iaurKhol(rIYrnOM1R gatherlngas a conrnt•JThlLX prayer. J2Year C•1dw•0n.Tre MofttholFebruy2O24,Ythne5s1dthe celebratlonol Durtongregatlon'5 InCeptTr. Baptlsrn:Tht month of Felyuary2024. witnessed 6pecple beln8lndwteJJ Into thechrlstsln latth. Men'$W•llbelniGath•rtn¢ Febwary Saw1 lUin ofour meTh'5wellbel qatherfngwhkhwas aiiended tymen outsldeofourlailh communmy. SIN• Hous• F•Uomhlp Lunch.. The laur olthls m1nrytryh8sseensllols recefvlng alree nch onthe 3rd Sundayoleach munih. 4. FIPIANCIALREVIEW Incomv. 08's Incomefortheyew was derl¥d mo$ttyfrorn congr8gatbnal donauons wlth a sm1 sum belngrecefved bya gfft mak1char.T0ta11rKQrnekn 2024an)ounted to £11,086. Expendltui•: Expendmures were All4ne(Jlh0urcha1alts¥u11tses. kncludln8¥enw mntaiat Hope Pa Workspaces. proaM matthats, and outreacheventCOSts.Total expeTh1Mure fttheywr wa5 E9.822 STRUCTURE.GOVEIIIUCIAND mlAGEmEN1 GtrMrnlwDocument OBoperate$ uThJera constliLrtlofi frychailtable Incorporated Oigan15alions ICM)). loun¢JailDn modeLwhose onlyvotjrrfmembeis are its chaityvusiee5. Thecon$titutlon OUtnestheIramethI0rogoVernancea adpltJes. TiuJle•Appolnlm¢nt: Trustees are appolntsd inacc(ffdarKevthhthe wcedures5etoui in our&eMing t1ocument. NewiDJStee5 Under aninducUM pwocessto f8mlllari5e themwrth OB. mlsslon.value5. an(J operaiions. Manatsmen Day-to-dayopuations e managed bysèthce Leadets. P3
OLIVE BRANCH COMMUNITY CHURCH Trugtees Annual Report (contlnuedl forlho perlod to 31 March 2024 PLANS FOA FUTURE PERIODS Looking ahead, OB alms to . Expand Outreach: Increase the fquencY and scope of¢omrnuntythnts to address gmerwng needs, partlculartyamongmen.women arKI youth. Develop Dl$clpleshlp Proyamme&' Iniroduce structure(I programs to deepen congreganis under51andlngof blbucal themes. Est8bllshlng Better Togetr. An Intergeneratlonal ministrythat fosier harmonlus familial relationshlps between parents. slblin8S. spouses and in laws and berween congregant5. Enhn¢e Facllltl•s: Explore opportuniiles to Improve our meeting spaces lo better ser4e our community. 7. STATEMENTOFTRUSTEES. RESPONSIBILITES The trustee5 are responslble for ènsurin8 that 08.5 activllles are conducted in accordance wllh Irs charftable oble¢lives and ¢omplywlth appllcable law5 and reguiatlons. Th8y are also responslble for malnianing pioperllnancialrecords and safe8uar(Jing OB'S assets. & CONCLUSION The trustees express their heartlellthanks to the congregatlon. volunleevs. donors. and communlty partnefs who have supported 08,5 woik. We remaln commllted to servingthe splrltual and pracllcal needs ol ourcommunliy. embodylngthe teachings of lesus Chrisi in allwe do. DECLARAnoN Thetru5tees declarelhat they apprOd1hlStMSIees. report. Slgned on behall olthe ch•rn*s Irustee& knIIK)nyAiexander Bryce Senlor PastorlTrustee 1910312025 Page 4
OUVE ORANCH COMMUNITY CHURCH Slatementof Trnstees Resp(SibIlItIeS lorlhe p¢rl¢xl to 31 March 2024 The trustees are responslbletor preparingthe Report of the Trustees and Ihe financlal ststements In accoflance wlth appllcable Liwand Unite(J Klngdom Accountlng Standards. The iawappllcable to chaiilies in England andwales. the CharityAct2011 and the pro510n5 ofthe trustdeed requires the ITUStees to Pfepafe tinancial ststementstoreach financialyear. %thich g a true arKI fairwew of the state of affairs oflhe Charityand ol the incomlng resources and appllcatlon of resources. includingthe income and expenditure oflhe charityfof that period. In prepaTingthose Ilnancial statements, the trustees are required to select sultable accounting policles anothen applythem consistenttr. obserye Ihe methods and prlnciples in the ChartySOP" makejudgements and estlmates Ihal are reasonable and prudent; prepare the linancial slalements on the going concem tk15iS. unless It Is Inapproprlate to presume Ihat the charitywillconlinue in Ixjslness. The irusiees are responslbie lor keeplng proper accounting records which dlsc105e with aSonable accuracy at any time Ihe Ilnanclal position of Ihe charity, and to enable them to ensure Ihat the flnancS8l statements complywf(h Ihe Charllles Act 2011 and the provislons otlhe t¥ust deed. They are a150 sponSible for saleguardlngthe assets ollhe charltyand hence for iaking reasonable steps lor the preventlon and detecllon of fraud and other irregutsrltles. Page 5
OLIVE BRANCH COMMUNrrY CHURCH Independent Examlner's ReporttotheTrustoes ol Oljve Branch Communlty Chutch I report on the accounts of theTrust forthe period to 31 March 2024. which are set out on pages 7t0 12. Aespectlve Responslbllllles of Trustees and Examlner As the charl5 trusteesyou are responsible lo( the preparation of the accounts: you consideithatthe audit requirement ol Section 145 of the CharttiesAct 2011 (the Act) does notapply. It is myresponsibilty to state, on the basis of proceijures specified in the General Directions bythe Charltycommission undei Section 14515llbl ol the Acl, %thether particular matters have come to my attention. Basls ol Independent Examlnef s Report My examination was carrled out in accordance wmh the general dlrectlons gen tythe Charlty Commlssloners. An examinatlon Includes a rwew ol the accounling records kept tythe charity and a comparlson otthe aecounls presented with those records. It also Includes conslderatlon of any unusual Itemsordlsclosures in the accounts. and the seekongof explanations from you as trustees concemlng any such matters. The procedures undertaken do not provlde all the evldence Ihal would be requlred In an audit and, consequently. I do not eXp$S an audit opinion on the ewgfven by the accounts. Independent Examlnefs Statemenl In connection wlth my examlnatlon. no matter hascome to myattenilon: 11 Whlch gives me reasonable cause to be beueve that. In any material respecis, the requlrements lal To keep accountlng records in accordance wtth S130 01 the 2011 Act; and Ibl To ppare accounts whlch accord wilh Ihe accounting records and to complywith the accountlng requlremefitsol the 2011 Act have not been mel; or 21 To whlch. In my opinlon. attenllon should be dra*m in orderto enable a proper understandlngofthe accounts to be reached. s<sut¢llffo FCC Torevell Doni Umlled Chartered Certllled Accountant 14 St Ann'5 Place Pellon Lam Halllax HXI 5RB Date:... 19_0.5-202f Page 6
OLIVE BIIANCH COMMUNITY CHURCH Statement ol FlTranclalAeiivltles loi the perlod to 31 March 2024 Perlod to 31-Mar-24 Totsl Funds Unrestrided Funds Restrlcted Funds Noles IncomlngResources: Incomlngior generated funds: Voluntary Income Investment Income 11.086 11.086 Tolal Income 11,089 11,089 Rèsources Expended: Costs of geneiatlng funds: Charllable actlvltles Governance costs 9.243 579 9.243 579 Total Expendllure Net lncomlnyiog0Ing) Resources 1267 Funds brought foTrvard Transfets from OB IBradford} 14.554 14,554 Balance a$ at31 March 2024 15.821 15,821 Page 7
OUVE BRANCH COMMUNITYCHURCH Balance Sheel a5 at31 March 2024 31.03.24 Total Funds Unrestrlcted Funds Restrfded Funds Notes Flxed A$sets Tanglble assets 2,012 2.012 Current Assets Cash at bank 13.809 13,809 15.821 J5,821 CredltOTS: Amounts lalungdue withln oneyear 15,821 Net Assets 15.821 Funds Unrestrlcted funds Restrlcted lunds 15.821 15,821 The Ilnanclal 5tatementswere approved bythe Truslees on 19th MAr£h 2025 and sign8d on thelr behall ty AABryce Chalr olTrustees Page 8
OLIVE BRANCH COMMUNtTYCHURCH Notes tothe Accounts for the perlod to 31 March 2024 Accountlrf Pollcles al kcountlng Conventlon The Ilnanclal 5taiemenls have been prepared underthe hlstorfcalcosi conventh)n. and In accordancevAth appllcable Accountingstandards. the Ststement of Recommended Practlce. Accountlng tycharitles 2005 arKI the ChariliesAct 2011. bl IncomlnK Resour¢¢s All Incomlng Tesources are Included on the Statement of Financial Aclmtles when Ihe charlty Is legally enlhle(J to the Income and the amount can be quantlfled wlth ieasonable accuiacy. c} Resources Ewnded Resource5 expended comprlst all expendlture dlrectly rèlatlng lo Ihe objects of the charlly. When necessary. costs are allocated beeen dlrect ¢harlt3ble expendltUTe, fund falslng and managemeni and admln15tratlon on an equllable basls dl FlxedA$$•ts Deproclatlon Is provlded at IhelollthnganU8I ratesln order io wrfte off exh a$s&t over Its esllmated useful Ilfe. Equlpment 15% on reduclng balance •) Tathlon The charlty Is exempt Irom tax on ts charftabie acllvltles. n Fund Accountlng Unrestrfcied fur5 can be used In accordance wfttt the charfiable obhectfves ai the dlscretlon of the tru5toes. Restrithod funds can only be used for partlculaf restrlcted purposes11 the objects oflhe cf*arfty. Restr1On$ arlse wthen spectfied bythe donororvthen funds awe ralsed lor partl¢uiar restricted purposes, FurtheTexplanatlon of the nature and purposeot each fund Is Included In the notesto Ihellnanclal statements. Investme Income Deposltaccount inteiest TNsiee'$ Remun¢ratlon aDd Beneflts Therewere notrusiee's remuneraUon or otherbenefits forthe perlod ended 31 March 2024 Trustee'$ Expenses There were no trustee's expenses pald for the perlod ended 31 March 2024 Page 9
OLIVE BRANCH COMMUNITYCHURCH Notestothe Accounts lorthe perlod to 31 March 2024 4 Tangible Flxed Assels Additions 2.367 2.367 Al 31 March 2024 1367 2,367 Deweclatlon Charge lorthe perio 355 Al 31 March 2024 355 Net Bookvalue At 31 March 2024 2,012 2,012 5 Credltors 31-Mar.24 Other creditors Page 10
OLIVE BRANCH COMMUNITY CHURCH PlotestolheAc¢ow lorlhe pIodto 31 March 2024 Ilovementth FuNI$ Transl Inlund• fvnds 31-ltsr-24 Unresirkted fund5 General lun(J .821 .821 R•slrl¢t•d lund$ Totaifvnds 1&821 Its21 Net mMrnent In lunds. Irthled Intheakn*are aslollth¥s'. Incom1114 Res0ceS 14o¥em• Infvnd5 Uni•Jiilded fundi Generalfund 2&643 9m2 15.821 Tot•llund• 2&643 15121 Page 11
OUVE BRANCH COMMUNITY CHURCH Oelalled StstemeTrl of Flnanclal Actl¥ltles lor the pewlod 10 31 March 2024 Perlod to 31 March 2024 Incomlng Resources: Voluntary Income Oflerings and donatlons 11.086 11,086 Inveslmont Income Bank Interesl Tolal Incomlng Resoue 11,089 Resources Expended: Renl Computer runnlng Telephone Postage and ststlonery Sundry expenses Insurance Event costs Hospltallty and relreshments Travelllng costs Repalr5 and renewals Advertlslng Bank charges Legal and professlonal lees Depreclatlo Accountancy 6,329 304 32 81 458 233 520 312 119 ioi 300 355 579 9.822 Netlncome 1,267 Page 12