## **CityGates Church Norwich CIO** ## **Annual Report and Accounts** **For the Reporting Period 19 OCTOBER 2023 – 31 MARCH 2025** # **CityGates Church Norwich CIO (Charity Incorporated Organisation)** ## **Charity Number: 1205295** 1 ## **CityGates Church Norwich CIO** ## **Reference and Administra/ve Informa/on** |Principal Address|CityGates Church, 2-6 Botolph Street,
Norwich,NR3 1DU| |---|---| |Registered CharityNumber|1205295| |Trustees|Andrew Rees
Philip Macdonald
Andrew Morrish
Ashley Gardner
Ralph Manning
Andrew Dubberley
Robert Varley
Stephen Girling (unLl 16 December 2023)| |Bankers|CAF Bank| |Chair of Trustees|Andrew Morrish| |Treasurer|Robert Walker| |Independent Examiner|Darren Warren
Paxton Independent Examiners
61a High Street South
Rushden
Northants
NN10 0RA| ## **Contents** ||Page| |---|---| |Report of the Trustees|1-6| |Independent Examiners Report|7| |Statement of Financial AcLviLes|9| |Balance Sheet|10| |Notes to the Accounts|11-23| 2 ## **CityGates Church Norwich CIO** ## **Report of the Trustees** ## **FOR THE REPORTING PERIOD 19 OCTOBER 2023 – 31 MARCH 2025** October 2023 – 31 March 2025. This report covers an extended first reporLng period in order to align the charity’s reporLng cycle with its accounLng year. ## **Structure, Governance and Management** CityGates Church Norwich is a Charitable Incorporated OrganisaLon governed by its consLtuLon. The trustees are responsible for the overall governance and strategic direcLon of the charity, ensuring that it operates in accordance with its charitable objects and relevant legislaLon. management. Major decisions are made by the trustee board in accordance with the governing document. Proposals requiring trustee approval are o_en developed by staff or ministry leaders and are sponsored by at least one trustee to ensure appropriate oversight. reports, recent meeLng minutes, and Charity Commission guidance. Formal sub-groups include OperaLons, Finance, and Safeguarding teams. Day-to-day operaLons and ministry delivery are delegated to staff, supported by volunteers, while trustees retain ulLmate accountability. ## **Objects, Activities and Public Benefit of the Charity** The charity, which is a church, is governed by a consLtuLon and is consLtuted as a charitable incorporated organisaLon. The charity’s principal objecLves, as set out in its governing document are: (1) the advancement of the ChrisLan faith in accordance with the Basis of Faith primarily but not exclusively within Norwich and the surrounding neighbourhood; and (2) such other charitable purposes as shall, in the opinion of the charity trustees, put into pracLce the ChrisLan faith in accordance with the Basis of Faith. 1 Weekly worship services averaged approximately 450 adendees. Children and youth ministries engaged around 135 young people each week, supported by approximately 190 volunteers. saLsfied that the charity’s acLviLes provide public benefit. CityGates Church holds weekly Sunday services to provide Bible teaching, prayer and a ;me to engage in worship for our congrega;on. The church has con;nued to grow and it is a priority for us to be able to love, encourage and support people in our local area and the church community, drawing them to the hope of the gospel. Weekly acLviLes include: - Weekly worship services, open to all - Small groups and discipleship groups; regular midweek meeLngs for Bible study, prayer, and mutual care - Children’s ministry; age-appropriate teaching and acLviLes - Toddler group - Youth ministry; regular groups and acLviLes for young people - Student and young adult groups with targeted acLviLes, teaching, and communitybuilding - Prayer meeLngs; regular corporate prayer gatherings open to all - Pastoral care; ongoing pastoral support for individuals and families - EvangelisLc courses and outreach acLviLes - Community outreach and engagement; including ongoing iniLaLves (e.g. internet café) alongside larger events like Summerfest (see below). - English language classes; regular classes serving the local community - Leadership development and volunteer training; equipping members to serve in ministry and community roles The church aims to share the good news of ChrisLanity and to equip people to live out this good news in every area of life. We provide staff and facilities for the church to use to advance these objectives. The trust regularly reviews its staffing levels and plans, and when finances permit, to increase its activities and consider staff appointments in areas which require more time than is available from volunteer commitments. In 2024 we filled a vacancy for the Associate Pastor role, to lead our focus on training future gospel workers and church ‘maturity’. ## **Significant Events During the Reporting Period** 2 ## **Church Weekend Away – “ReFresh”** spend a weekend away together. We were joined by Richard Underwood who led our teaching on the person and character of Peter ## **‘Summerfest’ - Annual Community Outreach Week – “Summerfest” (July)** Our main annual community outreach event took place in July. Included community events and a children’s holiday club. Approximately 1,300 people adended across the week, supported by a team of around 200 volunteers ## **Church Autumn Away Day** In September, our church away day was held at Cromer Church. **215 people** adended and **Hugh Collier** from Great Ellingham BapLst Church spoke on _“Rejoicing in the Lord Always”_ ## **English Language Classes** Our language classes have seen encouraging growth, doubling in size during the reporLng period. These free-of-charge groups offer English Language lessons to a variety of naLonaliLes, held in the church building. ## **Growth and Capacity Planning** We conLnue to welcome many new people to the acLviLes of the church. This includes students who are studying at the universiLes and join us for the Lme they are studying. Our Sunday services are nearing capacity and a strategic priority for 2025/26 is to address this quesLon operaLonally and strategically. ## **Strategic Partnerships** CityGates Church is a founding member of the Norfolk Gospel Partnership whose aim is to work, in conjuncLon with churches across Norfolk to ‘ _to give every person in Norfolk a welcoming, Christ-honouring, Bible-teaching church in their community._ ## **Older Genera/ons** acLviLes and home visits to many who are not part of our regular Sunday congregaLon. ## **Staffing** - Andrew Rees – Senior Pastor - Ashley Gardner – Associate Pastor (from 15 April 2024) - Liam Turnbull – Assistant Pastor - Iain Ridley – Welcome and IntegraLon Lead 3 - Bev Dubberley – Outreach Lead - Suzie Kerrison – Head of Children’s & Youth Work - Annie Creed – Children’s & Youth Work - Alex Huddleston – Ministry Intern (to August 2024) - Will Cli_on – Ministry Intern (from 1 September 2024) ## **Buildings, Facilities and Health & Safety** The charity owns its main building, maintained by the OperaLons Team. A full roof replacement was completed during the reporLng period. The trustees are pleased to report that there have been no serious accidents during this year requiring reporLng under RIDDOR. who, having received first aid training, are normally first call for any incidents. The condiLons of the premises are under constant review by the OperaLons team and remedial work carried out as soon as is pracLcable. ## **Safeguarding** The charity has a formal safeguarding policy, revised in September 2024. Safe recruitment, DBS checks, safeguarding training, and monthly safeguarding team oversight are in place. Safeguarding reporLng is provided following every event involving children and young people. ## **Risk Management** The trustees have assessed the major risks to which the charity is exposed and have established systems and procedures to manage and miLgate those risks. The principal risks facing the charity include reputaLonal, compliance, financial, spiritual, and physical risks. The charity operates an established risk management framework under which risks are idenLfied, assessed, and monitored. All idenLfied risks are evaluated in terms of likelihood, potenLal impact, and miLgaLng controls. Each risk has an owner responsible for first-line monitoring. The trustees undertake formal reviews of the risk register on a six-monthly basis, with more regular monitoring carried out by risk owners. Policies are approved by the trustees and 4 assessments approved by the OperaLons Team. ## **Financial Review** The church is dependent upon the generous financial giving of individuals who attend. We are grateful for this faithful and sacrificial act of discipleship. The Leadership Team and Trustees agreed to plan for a deficit in the reporting period whilst also seeking to encourage church members to review their giving so that the charity may be able to cover its everyday running costs. The church has continued to give generously throughout the period, with some increase in regular giving, and the charity ended the reporting period with a financial surplus. The coming year will require further increases in regular giving to maintain this level of expenditure. Staff and ministry leaders are also paying close attention to costs. The finances are kept under constant review so that appropriate action can be considered should there be any significant changes in income or expenditure. The aim of the church is to keep people informed with regard to financial needs through regular updates at church governance meetings, appealing for increased giving when necessary. A budget has been submitted for 2025/26. The buildings are provided primarily for use by the church in furtherance of its charitable purposes and are not held as an investment of the charity. During the extended reporting period from 19 October 2023 to 31 March 2025, the charity had total income of £685,775 and total expenditure of £667,884, resulting in a surplus of £17,891. The trustees consider the charity’s financial position at the end of the reporting period to be stable and are satisfied that the charity has sufficient resources to continue to pursue its charitable objectives for the foreseeable future. Income was derived primarily from voluntary income (regular and one-off donations and gifts), Gift Aid, and investment income. Expenditure related to staff costs (including salaries, National Insurance and pension contributions), ongoing operational and activity costs, donations to others in support of their activity, and maintenance and facilities costs. At the end of the reporting period, the charity held unrestricted funds of £322,125 and restricted funds of £110,081. Restricted funds are held for specific purposes in accordance with donor restrictions. Trustees were reimbursed only for reasonable out-of-pocket expenses incurred in the performance of their duties, such as the cost of food supplied and reasonable travel and accommodation expenses. 5 ## **Reserves Policy** The trustees aim to maintain a level of unrestricted reserves sufficient to cover between three and six months of normal operating expenditure, including staff costs and other essential commitments. The level of reserves is kept under regular review by the trustees as part of the charity’s financial oversight. Restricted funds are excluded from this policy. ## **Responsibilities of Trustees** record the receipts and payments of the charity for the year. We are responsible for keeping proper accoun;ng records which disclose with reasonable accuracy at any ;me the financial posi;on of the charity and enable us to ensure that the financial statements comply with the Chari;es Act 2011. We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregulari;es. 6 **CityGates Church Norwich CIO Independent Examiners Report** 7 Address: 61a High Str*t South Rushden Norihants, NN10 ORA Section B Disclosure Only complete If the examinei needs lo highlight tnaterial matters of concern (see CC32. Independent examinat￿ ol charty accounts.. directions and guidan￿ for examiners). Glve here brief details of any items that the examiner wishes to disclose. **CityGates Church Norwich CIO Statement of Financial Activities** ||CityGates Church Norwich|CityGates Church Norwich|CityGates Church Norwich|Charity No
(if any)
**1205295**|Charity No
(if any)
**1205295**|**CC17a**| |---|---|---|---|---|---|---| ||Annual accounts for theperiod|||||| ||Period start date|**19-Oct-23**|**To**|Period end
date|**31-Mar-25**|| |||||||| |**Section A**|**Statement of financial activities**|||||| |**Recommended**
**categories by activity**
**Details of own**
**analysis**
Note
**Incoming resources (Note 3)**
**Incoming resources from**
**generated funds**
Voluntary income
S01
Activities for generating funds
S02
Investment income
S03
**Incoming resources from**
**charitable activities**
S04
**Other incoming resources**
S05
S06
**Resources expended (Notes 4-8)**
**Costs of Generating Funds**
Costs of generating voluntary
income
S07
Fundraising trading costs
S08
Investment management costs
S09
**Charitable activities**
S10
**Governance costs**
S11
**Other resources expended**
S12
S13
S14
S15
S16
S17
S18
S19
S20
S21
**_Total funds carried forward_**
**Total funds brought forward**
**_Net movement in funds_**
**_Net incoming/(outgoing) resources before_**
**_transfers_**
Gains and losses on investment assets
Gains and losses on revaluation of fixed assets
for the charity’s own use
**Other recognised** **gains/(losses)**
**_Net incoming/(outgoing) resources before_**
**_other recognised gains/(losses)_**
**Gross transfers between funds**
**_Total resources expended_**
**_Total incoming resources_**||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05||||| |||-|-|-|-|-| |||637,771|25,859|-|663,630|-| |||-|-|-|-|-| |||22,145|-|-|22,145|-| |||-|-|-|-|-| |||-|-|-|-|-| |||659,916|25,859|-|685,775|-| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||645,925|21,959|-|667,884|-| |||-|-|-|-|-| |||-|-|-|-|-| |||645,925|21,959|-|667,884|-| |||13,991|3,900|-|17,891|-| |||5,616|5,616
-|-|-|-| |||19,607|1,716
-|-|17,891|-| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||19,607|1,716
-|-|17,891|-| |||-|-|-|-|-| |||19,607|1,716
-|-|17,891|-| 9 ## **CityGates Church Norwich CIO Balance Sheet** ## **Section B Balance sheet** |**Fixed assets**
**Tangible assets (Note 9)**
**Investments (Note 10)**
**_Total fixed assets_**
**Current assets**
**Stock and work in progress**
**Debtors (Note 11)**
**(Short term) investments**
**Cash at bank and in hand**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 12)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 12)**
**Provisions for liabilities and charges**
**_Net assets_**
**Funds of the Charity**
**Unrestricted funds**
**Restricted income funds (Note 13)**
**Endowment funds(Note 13)**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Note
B01
B02
B03
B04
B05
B06
B07
B08
B09

B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05| |---|---|---|---|---|---|---| |||182,046|-|-|182,046|-| |||-|-|-|-|-| |||-|-|-|-|-| |||182,046|-|-|182,046|-| |||||||| |||-|-|-|-|-| |||15,928|-|-|15,928|-| |||-|-|-|-|-| |||249,985|110,081|-|360,066|-| |||265,913|110,081|-|375,994|-| |||||||| |||10,834|-|-|10,834|-| |||||||| |||255,079|110,081|-|365,160|-| |||||||| |||437,125|110,081|**-**|547,206|-| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||||||| |||437,125|110,081|-|547,206|-| |||||||| |||437,125|||437,125|-| |||-|||-|-| ||||110,081||110,081|-| |||||-|-|-| |||||||| |||437,125|110,081|-|547,206|-| |||Signature||Print|Date of
approval
Name|| |||||Andrew Morrish||15/01/26| |||||||| |||||||| 10 **CityGates Church Norwich CIO Notes to the Accounts** 11 Section C Notes to the accounts Icontl Note 2 Accounting policies This stanilardlistofaccounlingpolicies ha5 ljeen appli8dby the charityexcept fOrtt￿se deleted. Where a drfferent Or￿ditIo￿lp0lICY has l)een adooed this Is deialledln the box below. INCOMING RESOURCES Recognition of incorning These are induded in the Ststernentof Financial AdivitEs ISOFAI when". the thaTity bec(xne5 entw to the resou￿$, the Irustees arè virtually (*rtain thÈyvnll Ihe rtsour¢*s." and the mor*taryvalue can be measured %4ith suffioeni reliability. Where incomiry reS￿r￿S have reLaled expenditure las with fundraising or contract income) the incomiry resource5 arKI re￿Ie￿ eXper￿rtUre are ￿ported gross in the SOFA. Grant5 arKI donat￿n5 a￿ induded in the SOFA when the tharty has unconditional entrflement to Ihe re50Utces. Incoming resourc8s with rel*ed expenditure Grants and donations Tax reclaim5 on donation5 and glfts Contractual income and performance related grants Inc(xning resour(Estrixn tsx tedaim5 are incI￿le{l in the SOFA al the same time a5 the gift to which they relate_ This is onty induded in It* SOFA On￿ the reL4ted goods of seryices have been delivered. Glfts In klnd Grfts in kind are a¢xx)unied for * a reasonab￿ estimate of thÈir value to the thanty or th amount actualty realised. Gttls In kind for Sa￿ or d￿￿bUtiOn are 1ndwI￿ in the a(Jx)unts a$ grfts only when 5vld or disiributed bylhÈ thanty. Grft5 in kirKI for we bythe chattyate IndUd￿ in the SOFA 35 inwming resources when te(*Ivab￿. Donatsd servlces and facilities These are onty induded in in(xMnirKJ resourtss Iwith an equivalent amount In resources expended) wf*re the b&nefrt to the chanty is reas0nabtyqUantifiab￿. measurable and material The value placed on these resour￿ ts the Èstimated ¥81u8 to the charity ofthe ser¥Ke or faalty received. The value of any voluntsry help I￿1Ved is induded in the accounts bui is described in the trust8e5' annual report. Volunteer help Investment income Thi4 1$ Ir￿uded in Ihe a(x*untswhen rets￿ab￿. Investment gains and Ios88s Thi8 includes any gain or k)ss on ts Sa￿ of investrnents and anygain er Ioss resuhing from revaluirrfj Inveslments lo marf(et value atthe end of the year. EXPENDITURE AND LIABILITIES Liability recognition abilrtEs are rectynised a5 S(K>n as there a kgal or construdive obligation commdting the charty to pay out resour￿. Include msis of the preparation and examinatth of Stslutory aeeounts. thè costs of trustee meetings and cosi of any ￿al advice ￿ trusw on gowemance or constitutional matters. Where the charty gives a grant o)ndrtYJns for its payment being a 8peufic kvel of s&Nice oroutpul to be provhjed. such grants are onty recognised in the SOFA once the reapienl of the grant has provided the stwfied Servi￿ oroutput. Governance costs Grants with p&rfO￿anCe Grants payable y￿hOUt F4rfomianc8 conditions Support Costs These are re(xgnisal in Ihe a(￿Unts when a (xjmtnrttnent ha5 be2n made and there are no {￿nditionS to be met r￿￿tir￿J 10 grant %vhith remain in ujntrol of the charity. Supp&1 costs Indude ￿ntral functions and ha¥e been allocated to activity cost categories on a basis consistent wrth Ihe use of resources. eg albcating property costs byfloor areas, or per capita. 5tsff costs by the time Spent and olher costs by their usage. ASSETS Tangible fixed assets for These are cap1alls￿ rfthey cw ￿ ￿ed foTmore than one year. and cost al ￿a51 £500. by charlty They are valued al c05t ora reasonabk value on re￿IpL InVestM￿ts In￿tments quoted on a recognised stodL exchange are valued at market value al the year end. ¢JtEr investrnenl asset5 are indwled at Iruslees, best estimate of market value. Stocks and work in progress These are ¥alued al the Imver of cost or market value. POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE 12 Section C Notes to the accounts Iconti Note 3 Analysis of incoming resources Incoming resources maybe furtheranalysed rfthis wouldhelp the readerofthe 4c¢gunts. This year Last year Analysis Voluntsry income Total Actlvltles lor generdtlng funds Total Investment income Total Incomlng resources from eharitabk aetiviti•s Total 13 Section C Notes to the accounts Icontl Note 4 Analysls of resources expended Resources expende(I may be further analysed rf this would help the readerof the accounts. Thls year Last year Anatysk8 Costs of generating voluntary incomè Total Fundraising trading ¢08t8 Total Investsnent management costs Total Charitable a¢tivities Total Governance costs Totsl 14 Section C Notes to the accounts Icontl Note S Support Costs Please complete thls note Ilthe charty has anatysed its expenses uslng actlvlty categorfes and has support cos Fundrdi5ing aGts¥ity Charitablp Actmty Tolal Cost Su rt cost Totsl Note 6 Details of certain item5 of expendiluwe 6.1 Trustee expenses Pl•as• provid• d#tail$ oftho amount ofanypaym•ntorr#imbuts•m•ntofout-of-pock•t ￿PenSeS mad• to trustees orto thirdparties for expenses Incuffedby trustees. If no expenses wetrp pald, please enter'None'in the appropriate boxfes). This year None Last year Number of trustees who were paid expenses Nature of the expenses Total amount paid 6.2 Fe85 for examination or audrt of the accounts Pl•as• provid• datsils ofth$ amountw"d forany statutory •xtemalsenthny ofaecounts andoth•r seThi¢es provided byyour Independent examlneroraudltOT. ff nothlng waspaldplease enterNONE In the appropriate box(esJ. This year Last year Independent 8xaminerf5 or auditOf5' fees for reporfing on the accounts other fees Ifor example: advice, Consukancy, a¢countsncy seThlcesl pald to the Indepenilent examlner or audfjtor 222 15 Section C Notes to the accounts Icontl Note 7 Paid employèès Please complete thls note Mthe ¢hatity has anyemployee& 7.1 Staff Costs Thls year Lastyear Gross wages. salarles and beneffts In klnd Employerfs National Insulance costs Pension costs 292.603 25.153 32,280 350.036 Tolal stsff Costs 7.2 Average number offu114ime equivalent employees in year The parts of the charity in whhch the employee5 work This year Number Lastyear Number Total 7.3 Defined contribution pension scherne Please Complete ff a dellned Con￿but￿On enslon scheme ts Brief detai18 of the scheme Defined contribution scheme is operated with contributions by the ernployer This year Last year costs ofthe s¢h8me to the Charlty forth8 ￿ar The amount of any corrtributiolls ¢Mtsianding atthe yearend The amount of any contribulioros prEpaid atthe year end nla 1915 16 Section C Notes to the accounts Iconti Note 8 Grantsnaking Please Complete thls note rfthe cha17ty made any grants or donalions whlch in aggregate fomi a materlal part of the cha17table activitles undertaken. 8.1 Total value of grants Grants to Instrtutlons Total amount £ Grants to Indlvlduals Total amount £ Purpose forwhi¢h rants made Totsl 8.1 Grantmaking costs If the charity's accounts are prepared on the "8rtivtylJasis"please give details of anysupport cost associated with granthiaking. Please enter"Nil"rfthe chaiitydoes not1dentifyan￿0r allocate support costs. Support costs ofgrnnknaklng 8.3 Grants made to institutions If the charityhas made grants to partlcularinstslutio￿ malerial in the conte%t of its grantmaking please give detaits of the institutyon supported. pury)ose of the grant and totslpaid to each institution listed. Sufficient information should begiven toprovide a reasonable understanding of the range of institutions su Names of institutions Purpose Total amount of grdnts paid £ Totaigrants to in*i&rtions 17 Section C Notes to the accounts (conti Note 9 Tanglble flxèd assets Please complete this note rfthe charityhas any langible fixedassets 9.1 Cost or valuation Freehold Uind & bulldlngs imher land & bulhjlngs PUinL machl and motor vehl¢l8S Fixtures. ffttfjngs and equipment Payments on account and assets undpr constructlon Totsl BalanTr brought forward Additions 115.000 60.576 175.576 39.120 39,120 Rev8lu8tions Disposals Tiansfeis. Balance carried forward 115.(KlO 99.6 214,696 9.2 Accumulated dep￿CoatIon and Impalmient provi8lons -Basls SLorRB SLorRB SLorRB SL SLorRB Rate 10 year Balance brought fonward Depreciation charge for year Impairment provisions 25.821 25,821 6.829 6.829 Revaluations Disposals Transfers" Balance carried forward 32.650 32,650 9.3 Net book value Brought forward Caiiied forward 115.(M)O 115.000 34.755 67.D46 149,755 182.046 9.4 Revaluatlon If any fwed assets have been re¥gluedplease give detaits of the valuerand method of valuation The Yransfefs. rowis formDvEments betwEen fixed asset categories. . Please indicate Ihe method trf dep￿Ciation by deleling Ihe melhodnot applicable (SL = sfr3ightline,' RS = r8ducing balance) Also pl8as8 Nndicate ttJ8 rate of depreciation." forstrawhtlin8. whatis th8 antsop8t8dlif8 of the asset (In years),. forreduung tsala￿￿, whatis the percenlage annual deduclion. 18 Section C Notes to the accounts Icontl Note 10 Investment assets Please complete thi$ note if the charityhas any investmertasset* 10.1 Fixed assets investh*nts Carrwng Imarketl value 8t beginning of year Ad(I'. additions to Investments at cost Less.. disposals at caffwng value Addlldeductl.. net gainlllossl on revaluaton Carrwng Imarketl value at end of year Ple8se pmvide below.. 10.2 A breakdown of the mark8t value5 of investments shown above agreeing with the balance sheet row BO3. 10.3 A breakdown ofthe Income from investments agreeing wlth SOFA row SO3. Analysis of investments 102 Markot valu8at year et)d 10.3 Incom8 from In¥8simet)ts for thè yèar Investment properties Investments listed on a re¢ognised stock ?x¢han9e or held in ¢ommon investment funds, open ended investment companies. unit trusts or other collective inve5tm8nt sch8rne5 Investments in subsidiary or connected undertakin95 and companies Securities not listed on a recognised Stock Exchange Cash held as part ofthe investment portfolio Other investrnents Totsl 10.4 Mat&rlal InV￿tment holdlngs If any single investment is material in terrns of its value (for example represents more than S per cent of the value of the charity's total investments) please provide details. Investment held Market Value 19 Section C Notes to the accounts (conti Note11 Debtors and prepayments Please complete this note rfthe charityhas any debt0￿ or ent& Amounts fallin9 due within one year This year Laslyear Analys1$ of debtors Amounts falling due after more than one year This year Last year Trade debtors Amounts due from subsidiary and associated undertakings Other debtors Pr8payments and accrued income 15.928 15.928 Total Note 12 Creditors and a¢¢ruals Please ¢omplete this note ilthe charityhas any Creditors ora¢¢ryats. 12.1 Analysis of creditOf5 Arnounts falling due within one year Thi5 year Lastyear Amounts falling due after more than one year This year Last year Loans and overdrafts Trade creditors Amounts due to subsldiary and assocoated undertakings other creditors Accrua15 and defvrred incorne 10.834 10.834 Total 12.2 Security over assets If?ny loan. overdraft orother ¢reditorholds a charge Orothers￿ul1￿O¥QT anyassets of the ¢haniy please provide details. 20 Section C Notes to the accounts Icontl Note 13 Endowment and restricted income funds Please tt*mpl•t• this section rfthe charity has any endowment or restricted income funds. 13.1 Funds held Please ylve a brfef descrlptlon of any of the followlng type of funds held by the charfty: pemianent endowment funds IPEI- expendable end0￿￿ent funds IEEI,. and restricteil Income funils. including speclal trusts, of the charity IRI. Fund Name Type PE. EE orR Purpose and Restrictions CAP Support Chrlstians Against Poverty centre Confidentsal support for Individuals wrth financial need Giving cdlected on behalf of speofic charrties or individuals To fund one-off ratherthan ongoing chatty costs To fund rnove of piemises To fund rather than ongoing chanty Costs Compassion D1￿Cted giving Reg Brighton Legacy Reloration fund Special Projects 13.2 Movements of major funds Please grve deiails ofthe movements of the maiorfunds summartsedln Ihe restrfdedandendowment columns of the Statement of FinancialActivitie& und balances brought forward un balances carried forward Incomlng Outgoln9 resour¢es Gains and losses Transfers Fund names CAP 26,309 4.680 1.011 25 848 Compassion Directed giving Reg Brighton Legacy Relo￿tIOn fund 1.150 1.K22 213 4,421 18 1.049 48,046 22,145 9.603 111,832 24.027 19.229 5.829 48,046 Special Project5 Total Fund5 9,603 110,081 25.727 21.862 5,616 13.3 Transfers bètween funds Ploasg giv• details of any transf•rs b•tw••n lund& From Fund INam81 To Fund (Namel Various transfers generally related to funding from unrestricted funds and mispostings between funds Re350n Amount 21 Section C Note5 to the accounts Icontl Note 14 Transactions with related parties If the charity has any ts3nsactions with relatedparties (otherthan the trnStee expenses expl3in8din note 6) detalts of such trnnsacdons shouldbe provldedln thts note If there a￿ no trans8Ctlons to repor¢ please enter"None" the relevant boxes. 14.1 Remuneration and benefits Please gl¥e the amount of, and legalauthorlty for, any remuneration or other beneffts pald to a trustee or otherrelatedparties by the charity oranyinstltuli￿ orcompany connected with it Amounts paid or benefrt value Name of twustse orconnected party Legal authority leg on1er, governlng d￿UMenti This year Last year Andiew Rees Charty Constiiub( Ashley Gardner Liam Turnbull Charty Consbtubc Charty Constitubc 495 14.2 Loans Ploas• giv• details ofandamounts 0￿ft9 to orfrom th• ¢harity'S trustees oroth•r r•lat￿part￿•S by th• Charity at the year end. Name oflnjstee or connected party Amount owing This year Last year Legal authoilty Due to trustees and related partles Due from trustees and related parties 14.3 Other transactionlsl with trustees or related parties Please glve detalls of any transactlon undertaken by (or on l)ehaff ofj the charftyln whlch a twstee or relatedparty has a material interest Name of the trustee or relate(J pa Relationship to Cha DÈs¢ription of the transactlonlsl Thls year Last year 22 ## **Section C Notes to the accounts (cont)** ## **Note 15 Additional Disclosures** ## **The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.** Tangible Fixed Assets - Freehold Land and Buildings The charity owns a freehold property which was originally acquired in the 1980s and is used to further the charity’s charitable purposes. The property is a former office building and is held for operational use rather than investment. The property is included in the balance sheet at historical cost and not depreciated as its value is maintained by ongoing repairs and maintenance. The trustees have not adopted a revaluation accounting policy for land and buildings, as the property is held for operational use in furtherance of the charity’s objects and the trustees consider that the cost of obtaining regular professional valuations would outweigh the benefit to users of the accounts. The original purchase documentation is no longer available and, accordingly, the carrying value does not necessarily reflect current market value. For contextual purposes only, and **not as a substitute for a formal valuation** , the trustees have estimated an indicative 1984 value of the property by reference to published long-term UK **commercial office property price indices** , using a provincial (“Rest of UK”) basis appropriate to Norwich rather than Central London. On this basis, the trustees estimate that the equivalent value in 1984 would have been in the region of **£95,000 to £135,000** (midpoint approximately **£115,000** ). This estimate is provided solely to assist the reader’s understanding of the long-term scale of the asset and does not represent a valuation for accounting, lending, taxation, or insurance purposes 23