REGISTERED COMPthY YUIIBER: 110071778 (England and Wales) REGISTERED CHARITY NUMBER: 209084 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR THE INCORPORATED BOURNEMOUTH FREE CHURCH COUYCIL Carter & Coley Chartcrcd Accountants 3 Durrant Road Boumemouih Dorset BH2 6NE
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUINCIL COLYI'ENTS OTr THE TrIIYAIYCIAL STATEMEIYTS FOR THE YEAR ENDED 31 MARCH 2025 Pgge Report of the Trustees I to 4 Independent Examiner's Reporl 5 to 6 Statement of Financial Activities Balance Sheet 8 to 9 Notes to the Financl*l St4¢ementS 10 to 18
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUNCIL (REGISTERED NUlBER. 00071778) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees who are also directors of the chariry for ihe pureS of ihe Companies Aci 2006. present their report with the financial siaiemenis of the chariry for the year ended 31 March 2025. The tnjsiees have dopt¢d th¢ provisions of Accountingi and R¢porting by Chariti¢s.' Stat¢m¢nt of R¢cotnni¢iid¢d PrdCtic¢ applicable to charitics prcparing their accounls in accordancc with th¢ Financial Rcporting Standard applicable in the UK and Republic of Ireland IFRS 102} {effeclive l January 2019). OWECTIVES AND ACTIN'ITIES Objeetii'es And Aims ThL Lompany is a charity, and cxists to promotc spiritu81 life, and moral 2nd physical iinprovcincnl in thc district, and to provide resideniial accommodation ivhere persons in need thereof Inav receive guidance and carc. Th¢ Trus¢e¢s have paid due regard io guidance issued by the Chariry Commission in deciding u,hai activities thc Lhoritablc Lompany should undcrtakc. Thc TThslccs hJvc rcgurd to thc Chlty CDnNnissioii uidancc on public iKnefit. The TTu8t confirni ihat thc Chanble companv mcets the criteria lor public benefit in providing residential accommodaiion. care and guidance for needy persons. HoMJever. the ¢haritabl¢ ¥ompany is small and maximis¢s lis human r¢sour¢¢s by prokiding funds. io furth¢r ils obj¢¢iiV¢S by la¢ilithling work of many o¢h¢r orgJni4aiions in nttd H'iihin the Boumthi)ouihlPoole are8 in line wilh its Christian ethob. Conbiderution coiilinues lo be given by the Couiicil 10 the i¢Jeii¢ifyii)bT of charitable causes mcritingi support. The charity makes grants on siricl adherencc lo lis Mcmorandum and Articles of Ass()cialion. thesc b>oveminb documents in bjrn (Ib>hi re4iriciions on the uqe of free reserves. The M¢morundum and Articl¢s of As501ialion wcr¢ uNtst¢d on 15th F¢bruary 2017. FINANCIAI, REVIEW Tr inancial position Charitable grdnLs during the year lotalled £59.34012024.. £60.2001. (note 41. Ov¢rall th¢r¢ was a surplus of £20.325 (2n24= £16.775) which in¢lud¢d deplatIOn of fix¢d &ss¢ts of £26,66812024- £24,108)) A further £35,452 w&s exnded on capiialised costs in the year (nole 9). Total rc5¢rv¢s now sland at £1.439.-112 (2Q24- £1,418.9871 all of which is unrcstrict¢d. £883,710 {2024.. £874,926) Telates to the book i'alue of fixed assets. Frec reserves. those funds not tied up in fixed a&qets or restricted fimds now stand at £555.602 {2024.. £544.061). Page I
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUNCIL (REGISTERED NUlBER. 00071778) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FINANCIAL REN'IEII, Resen'es and ini'estment policies The expense of mainiaining (he three pro1rtieS presenily owned is considerable. Some is regular or recutting and some one-off or emergency. Duting the •0*4..25 yeat. extra expenses intlude the legal COSL of ¢ViLting defaulting tenants. and cleaningT UP 2tieTh4'ards. There is a eonlinuing need for substanlial %uins to be reserved for other repair pun)oses in the future. Other than the freehold properties. the assets of the charitsble company are regarded as fugitive monies. They are held a) foi miiinienance purposeg. as mentioned aknve 41nd bl for distribulion io chaTiiabl¢ projecLS. An ttppropriate policy is to rctslin funds. on a short tcrm risk frcc basis. with 4utTicicnt iiicomc to ¢ountcr inflation. To ihat end. short tem) deposiLs and notice accounLs are held witi) C.hariry. Lloyds, lJi)ited Trust, Hampshirc Trust and Shawbrook Banks and ihe Naiionwide Building Society. On l April 2024 rents were increased by I2./0 over those gd in April 2022 luging an ii)d¢pendenl r¢nl valu¢ltiun Lommi55iuncd in thc YC cndcd 31 MarLh 2012 as a rcfcrencc wintl. Thc ncxt rcnt rcvicw will bc implcmentLd with cllcci Irom l April 2026. ADVICE AND INFORfvIATION VaLanLies continued to oLcur during the year in the residential accomniodalion available for letting and thcsL vacanLILS M'Lrc filled as six)n d5 wssible under ihL circumsidncLS. C'arL' was givLn to ihe mainiLnai)CL and saf¢iy of th¢ buildings. STRUCTURE. GOVERYANCE AND MANAGEMENT Goi'ernlng document The Lhariiy is Lonirolled by its gol'erning d(Kumenl. a deed of trust. and constitutes a limited company, limit¢d by llran1¢t, as d¢fined by the Companies Act 21MI6. Thc charitablc company 15 a company limitcd by guarantce, incortN)raicd on l Octobcr 1901, and rcgistcrcd as a charity on 4 OCtor 14)51. Ch#Tity constitution The Lhclrilable Lompany was esiablished under a Memordndum of Association. which established ihe objects and powers of the chdritdble company. and is bTrovemed under its Anicles of As5ttiation. Under those Arti¢1¢5, th¢ m¢mb¢r5 of th¢ Ex¢¢utiv¢ are ¢l¢¢ted at the Annukl G¢n¢rdl M¢¢ting. and ar¢ subj¢¢t to ratification at Cach annual g¢n¢ral mccting. On the advice of the charitable company's soliciiors rei'ised Anicles of Association w'ere adopted at an extraordinary meelinbl called for that purw on 15ih February 2017. The%e have been %ubmitled to the ChaTity Commissign and CoTnpani¢s Hous¢. Page 2
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUNCIL (REGISTERED NUlBER. 00071778) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE, GOVEILN.ALNCE AfiD LWAGEMENT Induction and training of ne. trustees The Execu(i&'e has considered ihe need for ensuring new members are fijlly aware of rheir responsibilities. both personal and collective, in the govemance of the affaits of the council. Every new member shall be supplied with a personal eopy of the conslilution {Memordndum and Articles of Associaiion of ihe Lhari12ble company), together with printed infom)ation aboul the dulles of a charitable twstee (e.g. the Charity Comrnission's booklet"ResponsibiliiiL% of Chariry Trusices"). Furthem)ore. members of th¢ sub ¢ommiiie¢ shall ensur¢ thai. on a one io one basis. every new memb¢r sh211 bc advi%¢d by Ihc SLcrctary, or in his or hcr abgcncc an cxisling membcr, of thc natur¢ and scope ot the affair% of the c.ouncil. and of the part the new member ivill be expec1 lo play in those affair5. REFERENCE AYD ADMINISTRATIVE DETAIiS lembers of the Executive The Ex¢LU¢iV. who are also ihe directorg for the of Lompany law. Truslee4 foT Il)e pury)o%e of chdrity law and who served during the yvar and up to the dale of 5igynature ofthe financial siaieinents were.. J Butler L Pain D Cuilcr D Alion Ire%igned 15 March 2025) L (' M fLmand T Fem2nd M Priestley A Pain lappointed 29 April 2025) Nonc of the Executive8 ha$ any beneficial interest in the company. All ofthc Executiv¢s ar¢ memb¢rs of th¢ ompany and guarantc¢ to contribut¢ £1 in th¢ ¢v¢nt of a M'inding up. Member$hlp of the Coun¢ll Members of the Council are those persons so enliiled in accordance with the membership provisions of the charitable company's Anicles of Associalion. Organi5atio The Executive is the clwitable company's board of directors and Tntstees and the sulFcommittee is its d¢lcgat¢. Th¢ Ex¢outiv¢ and SUI1ttK mr¢t s¢v¢rnl tim¢s annually to disws5 major issu¢5 of th Charity. Tenant contributions Some tenants contribute to the athninistration of the residential accomm(MJaiion and care: their service is recognised by way of a discounted reni. Approvd by ord¢r of th¢ board of trustr¢s on I l August 2025 and sign¢d on its b¢half by: Page 3
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUNCIL (REGISTERED NUI¥IBER: 00071778) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 A J Fernand- TTUStcc Page 4
INDEPENDENT EK4MINER'S REPORT TO THE TRUSTEES OF THE IP4CORPOIL4TED BOUR]%EMOUTH FREE CHURCH COUI%CIL Independent examiner's report ¢0 the IStee5 of The Incoryorated Bournemouth Free Church Council I'the Compan) ) report lu the Lharity tTUSte¢s on my ¢xamination of the 8CCUUllts of the Company for the y¢ar ended 31 March 2025. Responslbllltles and basls of report As th¢ charity's tst¢ of th¢ Company land also ILS dir¢ctors for thc PUTPO8O of company law} you ar¢ responsiblc for the preparation of thc accounts in accordancc with the rcquirements of ihc Companies Act 2006 ('Ihc 2006 Aci'l. Havin&y sdtisfi¢d myself that the accounts of the Company 41r not r¢quird to k auditd und¢r Part 16 of th¢ 2006 Act and arc cligiblc for indcpcndcnt cxam]rtl0D, I rcport in rcspcct of Iny cxamiiiation ot your charity'b accounts as catTied out under Scction 145 of the Chariiies Act 2011 I'thc 2011 Act'l. In carrying out my examination I haN'c follom'cd the DireLiions giN'en by ihe Charity Commission undcr ScLtion 145{51 {bl of the 2UI l Act. Page 5
INDEPENDENT EK4MINER'S REPORT TO THE TRUSTEES OF THE IP4CORPOIL4TED BOUR]%EMOUTH FREE CHURCH COUI%CIL Independent examiner's statement I have completed my examina(ion. I confmn thai no nllerS have come to my attention in conneciion with the exa[nittIO[l bTiving tne cause to belieYe= accounting records were not kepl in respect of the Company as required by Section 386 of the 2006 Act; or the accounts do not accord H'iih ihose records: or the dceounts do not eomply with ihe ac¢ounting requirements of Seetion 396 of lh¢ 2006 Aet other than any rcquircnicrit that ihc accounts givc a truc and fair i'icw 'bich is not a rnattcr con5idcrcd as part of an indcpcndent examinaiion.. or the accounis have noi been prepared in accordance with ihe methS and principles of the Statement of Recommended Praciice for accounting and reporting by chariiiL% lapplicablc to chariiiLS pfLparing th¢ir dC¢OUtit% in a¢¢orddn¢¢ with the Financial Reporting Siath applicable in th¢ UK and RcpubliL ol. Ircland IFRS 102)). I have no concems and hai'e come across no other maners in conneciion iviih ihe examination to which
iicniion should b¢ drawn in this r¢port in ordcr io ¢nabl¢ a prtsr undctstdnding of ihc ¥¢Lounts' io b¢
reach. Andrew A Clark FCA Thc Institute of Chartered Accounthnts in England and Wales Cartcr & Coley Chartered Accountants 3 Diirrant Road Boumcmouth DorsLt BH2 6NE I l August 2025 Page 6
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUINCIL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 Total fllnds 2024 Total runds Unrcstricted Rcstrictcd fund fund Notes INCOME AND ENDOW'MENTS FROM Donarions and legacies 127 127 Charitable activities Chdrilabl¢ activiti¢% 21M,435 204,435 179,037 Inv¢stm¢ni in¢ome 17.56 17,5611 15,904 Total 222,130 222,130 195,054 F.XPF.NDITURF. ON Charitable activilies Chariiabl¥ J¢tiviiiLs 201. 201,805 17¥.279 NET INCOME 20J25 20J25 16,775 RECOP*CILIATION OF FUNDS Total funilb. brou&h( forwdrd 1,418.987 ,418.987 1,402,212 TOTAL FUNDS C'ARRIED FORWARD 1.439J12 .439Jl 2 1,4114.987 The notes forni part of these financial statements Page 7
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUNCIL (REGISTERED NUI¥IBER: 00071778) BALNCE SHEET 31 MARCH 2025 2025 Total fllnds 2024 Total runds Unrcstricted Rcstrict fund fund Notes FIXED.4SSETS -I'angible asseis 883,710 883,710 874.926 CURRF.NT ASSF.TS D¢btDr Invcstmenis c.ash at bank 10 9,067 440.07 1.30.744 9,067 440,07 130.744 6.722 485.823 63,978 579.881 579.881 556.523 CREDITORS Amoun¢4 f¢illing due '11h1n one year 12 124.279 (24,2791 12,462) NET CURRF.NT ASSF.TS 5SS.602 544.061 TOTAL ASSETS LESS CURRF.NT LIABILITIES .439J12 .439J12 1.4111.987 NET ASSETS ,4.19.112 .4.19.312 1,41 X,9¥7 FUNDS Unr¢5tri¢i¢d fund5 13 .439Jl 2 1.418.987 TOTAL FUNDS ,439Jl 2 1,418,987 The charitable company is enlitled io exemption from audil under Section 477 of the Companies Act 21K)6 for the year ended 31 March 2025. The mcmber5 have not required the company to obtain an audit of its flnancial Statements for the year ended 31 March 2025 in accordancc with Scction 476 of thc Companics Act 2(K)6. The trnstees acknowledge their resFK)nsibiliiies for (al ensurin&y that the charitable company keeps accounting records (hat comply with Seclions 386 and 387 of the Companies Act 2006 and Pparing financial statcmcnts w'hich givc a truc and fair vicw of thc slatc of affairs of thc charitablc company at the end of each financial }'ear and of its suryjlus or deficlt foT each financial year in accordance wilh ihe requiremenis of Seciions 394 and 395 and which oiherwise comply with the requirements of the Complinies Act )IK16 reldting to financial statements., far a5 appIiLdble to the eharitable company. {b) The notes forni part of these financial statements Page 8
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUNCIL (REGISTERED NUI¥IBER: 00071778) BALANCE SHEET- continued 31 MARCH 2025 Thcsc financial slatcmcnts havc bccn prcpar¢d in accordanc¢ with thc provisions applicable to charitablc companies Subject to the small companies regime. The financial statements H'ere approved by ihe Board of Tn(eeS and auihorised for issue on I I Au&TUSt 2025 and W¢ sign¢d on its b¢half by- A J Fernand- TTUStee The notes forni part of these financial statements Page 9
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUINCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 AccoufTING PULICIES Basis of preparing the financial statements The financial staMen18 of the clwitsble company. w.hich is a public benefil eniily under FRS 10? have been prepared in aceordan¢e H'ith the Charities SORP IFRS 1021 'Ae¢ountingy and Reportiiig by Charitie%'. Staten)enl of Recomn)ended Praclice applicable to charities preparing their account% in accordance w'ith the Financial Rcw>rting Sthndard applicable in the UK and Rcpublic of Ircland IfRS 1021 {effcclii'c l January 20191.. Financial Eiwrting Standard 102 "I-he Pinancial Rewrting Standard opplicable in the UK and Republic of Ireland. and ihe Companies Aei 2006. The financial siateinents h#v¢ be¢n Preparcd under the historical cost convention. &s modificd by the r¢valuation ot ccrtain &%5et8. Fln4n¢l¥l reportlng stand4rd 102 - reduced dlselosure exemptlons ThL charittiblc conipaiiy h&4 taken advantage of Ihe folloiving di%closure exemptions in preparin thesc linanLial 51aicmcnis. as pcm)ittcd by FRS 102 The Financial Rcp)rting Stsnilard appliLablc in the UK and Republi¢ of Ireland.: Ihc rcquireincnLs of Scciion 7 Siatcmeni of Cash Flows. th¢ r¢quirement of paragmph 3.17ldl: the requiremenL% of paTli graphs 11.42, 11.44, 11.45, 11.47, 11.481a)liii), 11.48(alliv}. 11.48lb) and I1.411lcl; the reqLiiremenLq of paragraphs 12.26. 12.27. 12.291a}. 12.29lb} and 12.29A: thc rcqliircmcnt uf paragprJph 33.7. Incom¢ All incomc is rccogniscd in ihe Sthtemcnt of Financial Aciivities once ihe chariiy has cnliilcmeni io the funds, it 15 probable that ihe income will be r1ved and the amount can be measured reliably. xpenditure Liabililieb are recogynised as exndItUre as soon as there is a legal or consiNclive obligalion committing the charity lo that extxnditure. it is probable ihat a transfer of economic benLfits will be required in Yttlement and the amount of the obligalion can be meL8ured reliably. Expei)diture i. ac¢ountcd for on an accruals basis and has EK¢n cl&ssificd undcr hcadings that agggatC all cost related to the category. Where costs cannot be directly attributed io particular headings they have been allocated lo aciivities on a basis consisienl with ihe use of resources. Cjrantg offered .subjcct to conditions which have not Iert met At the year end date arc noted a commitmcnt but not accrued as cxpcnditure. Tanglble flxed assets tk"prcciation is pro1dCd at thc following annual rJlcs in ordcr to writc off cach assct ovcr its estimated useful life. Freehold property Fixture8 and fitting5 at y41n¥ rates on cost I/( on reducing balanr¢ Component Aeeounting Page 10
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUINCIL NOTES TO THE FIL%ANCIAL STATEIIIENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 Accouf*TING PULICIES- eolltinued Tangible fixed assets Freehold housing piopetiieg are split betw'een ihe Sclu[e and ihose major eomponents which require Ptriodie replacetnent. Replacement or rcslordtion of such major componenls are Lapitdlised and depreciated over ihe aN'ernge estimated useful life of each component. Ivhere component4 are replaccd bcfore the end of their useful cconomic lives an addiiional dcpreciation charge is made to reducc ihe net book value io nil [rore ihe assei and accumulaied deprcciation is 'ritten off. ThL carrying valuc of prop¢rty rcprcscnts thc last 8]uation undcrtoken ii) 2(K)101)d ui)dcr trai)sitional provisions proi'ided by previous accouniing standards a policy not to make funher realUationS w&5 adopicd. This valuaiion has bccn used as deemed cosi on implementhtion of fRS 102, amcnded for the replaLemeni of component pans. The Execuiii'e has undcnaken an impaimicnt rcview. and have ¢on¢lud¢d thai th¢ a%sets h¢1 ve not impaired in lh¢ yew. TAxatlon Thi ihJri¢y is exempt from ¢orporation on lis charitable aciivities. Fund accountln2 unlIrI¢ld fund% can be u5cd in accordance with thc charithblc obj¢ciiv¢s at th¢ discrc¢i¢)n of thc trustcc.8. ResiriCt¢d funds can only b¢ LLsed for particular restricted pUr)se$ w'ithin th¢ objcLts of thc ¢hariiy. R¢.stri¢tions arise w'hen sp¢¢ifLed by (he donor or when fund8 are raised for particular re8iri¢ted purpose5. Further explanation of the nature and purpose of each fund is included in the noles lo the financial stat¢meni5. IYVESTMENT IYCOME 2025 2024 Invcstmcnt income 17.568 15.9(M Page 11
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUINCIL NOTES TO THE FIL%ANCIAL STATEIIIENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 I.YCOIVIE FROM CRL4RIT.4BLE ACTIVITIES Rental income I I St Albans Avenue 3 ArLadia Avenue 5 Ariadia Avcnuc Cjeneral cstalc- guest room General estate- gardge GenLral estate- parking Generdl estate- laundry 152.416 21.131 24,227 1,030 1.800 720 135,209 18.864 19,373 870 720 2.781 Total 2()4,435 179,()37 Rent receivable is staled gros% of £5.040 12024 £5,225) discounts given to tenan14 who acted housc IcadcTh in the year. CRANTS PAYABLE 2025 21124 Charitable activities 59J40 60.2(X) Th¥ ioial grnnts paid to institutions during the year was as follows.. 2025 2024 Ch¢ry Tr¢e Nurs¢ry Femheaih Play Healih Bus Darsct Mind Prama Life Bournemouth Methodists Buurncmouth F()odbdnk PacL Maddi¢s Miracl¢ Pathways YMC.A Chtistchurch Baptist Church MS Centre 4,10 4,000 5.000 15.000 4,IMIO 4.000 IOJ40 200 2?,000 15.000 2.000 5.000 12.000 5.000 4,1100 5.IlUV 59J40 60,200 Page 12
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUINCIL NOTES TO THE FIL%ANCIAL STATEIIIENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 NET INCOMEIIEXPEI%DITURE) Net incown&llexpenditure) is stated after charginty(crediting)- 2025 2024 Dcprcciation- owncd asscts Deficit on distx)sal of fixed assets Indcpcndent Examincrs fee Undcr provision earlier year5 26,668 24.1 ()8 5.803 4.440 2,21)0 4WIO TRUSTEES, REMUNERATION AND BENEFITS Executive remuneration. Tony F¢m#nd, S¢¢r¢iary. w'ag paid an honorarium of £5.51NI (2024: L3.61H)l in th¢ ycar. Oth¢r than thi%, the chari¢y h&4 no payroll therefore no 410(fbeing paid more than £60,(K)O. Trustees, expenses Expcnscs loialling £1.230 wcrc rcimbursc4J 10 3 IncinFKrs of the ExecutiN'c in thc ycar {?024.. £1.349 to 3 mLmbcrs of the Execu(iYel for )lage. sthiionery. phone. [rae1. repairs. rencw'als and coinputLr COMPARATIVES FOR THE STATEIK¥T OF FINAliCIAL ACTIVITIES Unrcsltict¢d R¢s(rict¢d fund fund Total funds INCOME AND ENDOWMEYTS FROM Donations and Icgacies Charitable #¢tivitlfs Charitable activities 179,037 179,037 Ini'estmenl income 1 S.YU4 TotAI 195.054 195.054 EXPENDITURE ON Charitable actiTrTrties Charitable activities 178.279 178,279 NF.T INCOiIIE 16,775 16,775 Page 13
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUINCIL NOTES TO THE FIANCIAL STATENIENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 CUMPAIL4TIVES FOR THE STATEMENT OF FINANCltslL ACTII'ITIES- continued Unr¢srri¢t¢ R¢stri¢t¢d fund fund Tot21 funds RECONCILIATION OF FLIi%DS Total funds broughi forward 1.402.212 1.402.212 TOTAI, FUNDS CARRIF.D FORII'ARD 1.418.987 1.418.987 SUPPORT COSTS Support Costs Support Goi'ernan¢e 2025 2024 Gcncral sccrctary honorarium (Jenerdl Secretary expenses PrLsidenl expenses Financc ol¢¢r ¢xpcns¢s Li47bili(y insurance SunLIry LLlbial and profe.&sional Independent examinet¥ ftt Total 5,5(K) 992 75 163 5.500 992 75 163 817 701 3.6(Kl 75 109 605 4110 60 817 701 4.8 6J18 4.800 13,048 6.730 10,534 All support and gov¢man¢¢ all(al¢d to ¢haritsble a¢tiviti¢s. Page 14
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUINCIL NOTES TO THE FIL%ANCIAL STATEIIIENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 TANGIBLE FIXED ASSETS Fixtures and fittings Fr¢elK)Id prok Totals At l April 2024 Addiiions lJ42.289 31.492 1.885 l J73,781 At 31 March 2025 lJ75J156 33J77 1,409,233 DEPRECIATION Al l April 2024 ChdfgTe for year 476.815 22.040 1.134 498,855 26.668 At 31 March 2025 502J49 23,174 525.523 NET BOOK VALUE At 31 March 2025 10.203 883,710 Al 31 March 2024 865,474 9,452 874,926 The ¢051 of freehold property in¢lude% an histori¢ r¢valuation of £658.5911 which was tr¢al¢d &$ d¢¢mcd lost when FRS102 was odopicd by ihc chority. 10. DF.BTORS: AMOUNTS FALLING DUE WITHIN OIIF. YF.AR 2025 2024 Trade debto Prepaymenls and accrued income 385 6.337 9.067 9.1167 6,722 Page 15
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUINCIL NOTES TO THE FIANCIAL STATENIENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 11. CURRENT ASSET INVESTMENTS 2025 2024 Unlisted investments 440.070 485,823 12. CREDITOILS: AMOUNTS FALLING DUE II'ITHIN O]%E YEAR 2025 2024 Trade creditors Accrnals and deferred income 4,492 19.787 6.142 6.320 24J79 12.462 13. MOVEIE11T IN FUNDS Ncr movement in funds At 3113125 At 114124 Unrestrlcted funds Generdl fund ,418,987 20J25 ,439,312 TOTAL FUNDS .418.987 20.125 .4.19,-112 Net mov¢m¢nt in funds, in¢lud¢d in the aboi'e are &8 follows.. Incoming resources Resources expended Movemen¢ in funds Unrestricted funds G¢n¢ral fund 222.130 (201.805) 20J25 TO'fAL Tr"UNDS 222.130 (201.805) 20J25 Page 16
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUINCIL NOTES TO THE FIANCIAL STATENIENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 13. MOVEMEI%T IN FUNDS- colltiDued ComparatiTres for moi'ement ID fuDd5 N¢¢ movement in funds At 3113124 At 114123 Unre$tricled funds Gencrdl tund 1.40?.212 16.775 1.418.987 TOTAL FUNDS 1.40?.212 16.775 1.418.987 Comparative net moi'ement in fund% included in the above are &% follows.. Incoming resour¢es Rcsourccs exp¢nded MoiJem¢n( in funds Unrestrlcted funds 6¢n¢ral fund 195.054 {178.279) 16.775 TOTAL FUNDS 195.054 1178.279) 16,775 A LUtTent year 12 mont%. and prior year 12 monihs. combined p)Sition is &$ follows: Net movcmcnt in funds At 3113125 At 114123 Unrestricted fund5 Genenl lund 1.402.212 37.100 1.439.312 TOTAL FUNDS 1.402.212 37.100 1.439.312 Page 17
THE INCORPORATED BOURNEMOUTH FREE CHURCH COUINCIL NOTES TO THE FIL%ANCIAL STATEIIIENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 13. MUVEMEI%T IN FUNDS- colltinued A CUTrent year 12 wnonths and prior year 12 monihs combined nel Inovement in funds, included in tl)e above arc as follows.. Incoming rcsourccs Regources ¢xp¢nded Moiiement in funds Unrestrlcted fllnds Cjcncral tund 417.184 1380.084) 37.1 TOTAL FUNDS 417,184 1380.0114) 37,laO 14. RELATED PARTY DISCLOSURES There wcr¢ no r¢laicd paty iransaciions for ihc year endcd 31 March 2025. Page 18