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2024-12-31-accounts

FLOWERY FIELD CHURCH FINANCIAL STATEMENTS

31 DECEMBER 2024

Registered Charity No. 215190

FLOWERY FIELD CHURCH, REGISTERED CHARITY NUMBER 215190

FOR THE YEAR ENDED 31[ST] DECEMBER 2024

INDEX

Page
Legal and administrative information 1
Trustees’ report 2 - 3
Independent Examiners Report 4
Statement of Financial affairs 5
Balance Sheet 6
Notes to the accounts 7

FLOWERY FIELD CHURCH CHARITY NUMBER 215190

LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31[ST] DECEMBER 2024

Registered Charity Number 215190
Address Newton Street
Hyde
Cheshire
SK14 4NP
Accountants and Independent Examiners Scott Roberts Taylor & Co
Central Buildings
5-7 Corporation Street
Hyde
Cheshire
SK14 1AG
Bankers Lloyds Bank Plc
91 Old Street
Ashton under Lyne
Lancashire
OL6 7RU
Royal Bank of Scotland Plc
Market Place
Hyde
Cheshire
SK14 2LX
Investment Managers Brewin Dolphin
1 The Avenue
Spinningfields Square
Manchester
M3 3AP

1

FLOWERY FIELD CHURCH CHARITY NUMBER 215190

TRUSTEES’ REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2024

The trustees present their report and financial statements for the year ended 31[st] December 2024.

NAME AND NATURE OF ASSOCIATION

The name of the Association is FLOWERY FIELD CHURCH

The Charity is unincorporated.

The Charity’s registration number is 215190

The Church is an independent, non-denominational, ecumenical; Free Christian Church set up by a Trust Deed dated 1878. The building has been designated by the Local Authority, Tameside M.B.C., as a Grade II Listed Building of special architectural and historic interest. Services are held each Sunday and people of any denomination are welcome to attend. The Church is also available to all members of the local community for Weddings, Funerals and Baptisms and in the grounds is a Garden of Remembrance for the scattering of cremated remains. The Church is used for holding musical events, e.g. Organ Recitals and Concerts by Choirs and Brass Bands, etc.

OBJECTIVES AND ACTIVITIES

The primary responsibility of the Trustees is the maintenance and upkeep of the Church building and grounds. The administration of the Church affairs and the organisation of Services are carried out by a separate Committee, elected annually by the Congregation.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Specific Investment Powers

The powers are to invest the monies of the charity not immediately required for its purpose in or upon such investments securities as may be thought fit subject nevertheless to such conditions (if any) that may for the time being be imposed or required by law.

Organisational Structure

There are currently five trustees including one chairperson and are as listed at the Charity Commission.

Officers

The officers of the Church are:Chairperson: Mrs P M Abbott Secretary: Mrs C A Redfern Treasurer: Mr J N Heywood

2

FLOWERY FIELD CHURCH CHARITY NUMBER 215190

TRUSTEES’ REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2024

EXAMINATION OF ACCOUNTS

The charity exceeds the threshold to require an independent examiners report and have therefore appointed Scott Roberts Taylor and Co.

The Trustees wish to record their gratitude to Mr. Adrian P. Brooks of Scott Roberts Taylor & Co, Chartered Certified Accountants, for acting as Independent Examiner of the accounts and for his advice regarding presenting the accounts in a format suitable for submission to the Charity Commission.

FINANCIAL REVIEW

Investments

The Trustees have appointed Brewin Dolphin to manage our investment portfolios, with a specific instruction that investing should only be on a medium risk basis. A review of the investment portfolios takes places annually between the Trustees representatives and Brewin Dolphin.

The investments made by Brewin Dolphin continued to pay dividends and interest this year yielding £9,650 (2023 £8933).

Income and Expenditure

A few years ago, a Joint Pastorate Agreement was entered into with Hyde Chapel whereby each paid 50% of the Stipend and other costs involved in maintaining the Rev Eric W Breeze as the Joint Minister. However, Rev.Breeze retired on 28[th] February 2023 and so the arrangement with Hyde Chapel ended. The Church now invites guest preachers and lay preachers to take services and will continue to do so for the foreseeable future.

The Church continues to manage its finances cautiously by trying to raise funds in a variety of ways and be keeping a close control on the expenditure.

TRUSTEES

The Trustees are appointed for life unless they wish to retire. During the past year there has been no change in the membership of the Trust and, at the end of the year, there remain the five Trustees listed on the Charity Commission website.

TRUSTEES RESPONSIBILITIES

The Trustees are responsible for the keeping of accounting records and the preparation of financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year end of the surplus or deficit of the charity for that period. The Charities Act 2011 requires the Charity to ensure that the accounting records disclose with reasonable accuracy the financial position of the Charity. In doing so the Trustees are required to select appropriate accounting policies and apply them consistently, making judgements and estimates that are reasonable and prudent, observe the methods and principles of the Charities SORP (FRS 102) 2019 and to prepare the financial statements on a going concern basis unless it is inappropriate to presume that the company will continue in business

On behalf of the Trustee

…………………………………………… Chairperson – Mrs P M Abbott

Approved by the Trustees:

3

FLOWERY FIELD CHURCH, REGISTERED CHARITY NUMBER 215190

Independent Examiners Report

Report to the trustees of Flowery Field Church (Charity number 215190) on the accounts for the year ended 31[st] December 2024, which are set out on pages 3-6.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out in the statement below:

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

Signed……………………………………………….. Date

Name: Adrian P. Brooks Qualification F.C.C.A

4

FLOWERY FIELD CHURCH, REGISTERED CHARITY NUMBER 215190

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31[ST] DECEMBER 2024


Unrestricted
Income
£
Incoming Resources
Incoming resources from generated Funds:
Interest received
973
Investment Income 8,681
Profit/(Loss) on disposals of investments5,815
15,469
Incoming resources from charitable activities:
Collections 3,249
Subscriptions
166
Donations and Legacies
2,436
Memorial Service
325
Wedding Fees
-
Funerals and Garden of Remembrance 895

Baptism Fees
462
100 Club
450
Spring/Christmas Fair
4,027

Hall rent
30
Ashton Trust
36,010
Transfer from Trustees
1,500
Chalice funds
123
49,673
Total Incoming Resources
65,142
Resources Expended:
Costs of generating funds
Investment management costs
3,296
Direct Charitable Expenditure
Contribution to Joint Pastorate Fund
-
Guest Preacher Fees and expenses
2,210

Cleaner
1,163

Organist
1,275
Grounds Maintenance
595
Telephone, Stationery & Sundries
390
Heat, Light & Water
4,738

Insurance 5,427
Repairs
5,697
Envelopes
173
Legal fees
1,800
Donations net of Retiring Collections
178

23,646

Governance Costs
Independent Examiners Fee
720
Total Resources Expended
27,662
Net Incoming/(Outgoing) Resources 37,480
Unrealised Gain on Investments
17,932

Net Movement in Funds
55,412
Fund Balances brought forward 2024787,653
Fund Balances carried forward 2024 843,065		 Total
Funds
2024
£
973
8,681
5,815
15,469
3,249
166
2,436
325
-
895
462
450
4,027
30
36,010
1,500
123
49,673
65,142
3,296
-
2,210
1,163
1,275

595
390
4,738
5,427
5,697
173
1,800
178
23,646
720
27,662

37,480

17,932
55,412
787,653
843,065		 Total
Funds
2023
£
-
8,933
(614)
8,319
3,278
167
1,651
-
270
120
627
550
3,718
40
-
-
129
10,550
18,869

3,178
725
1,670
1,060
1,354
1,028
829
4,345
5,234
2,555
55
-
665
19,520
720
23,418
(4,549)
15,271
10,722
776,931
787,653

5

FLOWERY FIELD CHURCH, REGISTERED CHARITY NUMBER 215190

BALANCE SHEET AS AT 31[ST] DECEMBER 2024

Unrestricted
Income
Funds
£
FIXED ASSETS
Buildings
384,041

Investments at Market Value
379,076
763,117
CURRENT ASSETS
Lloyds Current Account Trustees
62,355
RBS Current Account Congregation
9,402
RBS Reserve Account Congregation
4,015
Balance held by Brewin Dolphin
2,852
Dividends received held by Brewin Dolphin
1,323
79,947

NET CURRENT ASSETS
79,947
NET ASSETS
843,065
Represented by:
FUNDS:
Unrestricted Income Funds:
General Reserve Surplus
843,065
The financial statements on pages 3 to 6 were approved by the trustees on
Signed on behalf of the Board:
Chairman: ……………………… Mrs P M Abbott
Treasurer: ……………………… Mr J N Heywood		 2024
Total
Funds
£
384,041

379,076
763,117
62,355
9,402
4,015

2,852
1,323
79,947
79,947
843,065
843,065		 2023
Total
Funds
£
384,041
357,481
741,522
32,277
8,523
-
4,373
958
46,131
46,131
787,653
787,653

The accompanying accounting policies and notes on page 7 form part of the financial statements.

6

FLOWERY FIELD CHURCH, REGISTERED CHARITY NUMBER 215190

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31[ST] DECEMBER 2024

PRINCIPAL ACCOUNTING POLICIES

1.a Basis of Accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with Accounting and Reporting by Charities-Statement of Recommended Practice (FR 102) 2019 and with Accounting Standards (except that freehold land & buildings and those with a long useful life are not depreciated): and with the Charities Act 2011.

1.b Accounting Policies

  1. Income from Investments is recorded when receivable.

  2. Expenditure is included in the accounts on an accruals basis.

  3. Quoted Investments have been valued at market value at the balance sheet date.

2. Trustees and Employees Emoluments

None of the trustees or officers received any emoluments during the year.

7