Registered Charity Number: 233810
WELLINGTON EVANGELICAL CHAPEL
TRUSTEES’ REPORT
AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
WELLINGTON EVANGELICAL CHAPEL
CONTENTS
| Page | |
|---|---|
| Reference and administrative information | 1 |
| Trustees’ Report | 2 – 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 12 |
WELLINGTON EVANGELICAL CHAPEL
REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees
Mr. Derek Backhouse Mr. Mark Roberts Mr. John Roberts Mrs. Sharon Roberts Mr. Stephen Stonelake Mr. Warren Gittoes Mr. Shaun Dumbill
Registered Charity Number
Principal Office Independent Examiner
233810 Fairacre Canon Pyon Hereford HR4 8PL Bowdon Accounting Services Bartle House Oxford Court Manchester M2 3WQ
1
WELLINGTON EVANGELICAL CHAPEL
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Wellington Evangelical Chapel is an unincorporated charity governed by an amended Indenture dated 15 February 2017. Trustees are appointed in accordance with the governing document and relevant legislation. The trustees meet regularly to oversee the affairs of the chapel, ensuring compliance with the charity's objectives and prudent management of its resources.
OBJECTIVES AND ACTIVITIES
Charitable Objectives:
The object of the charity is the advancement of the Christian evangelical Protestant religion, primarily through:
-
The provision of regular public worship services;
-
The preaching and teaching of the gospel of Jesus Christ;
-
Sunday School and youth ministry;
-
Evangelistic outreach and community events.
Public Benefit:
In accordance with Section 4 of the Charities Act 2011, the trustees confirm that they have had due regard to the Charity Commission’s guidance on public benefit and believe the charity's work meets these requirements. Services are open to all members of the public regardless of background.
ACHIEVEMENTS AND PERFORMANCE
In 2024, Wellington Evangelical Chapel continued its mission by holding regular Sunday worship services and midweek Bible studies. The following notable activities occurred during the year:
-
Sunday School maintained regular attendance with curriculum tailored to age groups;
-
Community Outreach events were hosted during Easter and Christmas;
-
Support Ministry provided pastoral care to elderly and vulnerable members;
-
Collaboration with other local churches for prayer meetings and Gospel outreach;
-
Introduction of a youth discipleship programme on Fridays.
2
Despite challenges related to ongoing economic pressures, attendance remained stable and engagement deepened within the congregation.
FINANCIAL OVERVIEW
The financial statements for the year ended 31 December 2024 are appended to this report.
Total income for the year was £76,140, primarily from donations and gift aid. Total expenditure was £74,300, largely relating to premises maintenance, ministry support, and staff costs.
The charity ended the year with net assets of £533,528 . No material uncertainties exist regarding the charity's ability to continue as a going concern.
The trustees aim to maintain unrestricted reserves equivalent to at least 3 months of regular operating costs to ensure financial stability.
RISK MANAGEMENT
Trustees actively review the major risks facing the charity. Key risks identified in 2024 include:
-
Financial sustainability amidst rising costs;
-
Health and safety of premises;
-
Safeguarding of children and vulnerable adults.
Mitigating actions include adherence to safeguarding policies, building inspections, and careful budgeting.
PLANS FOR THE FUTURE
The trustees plan to:
-
Enhance local outreach efforts, including door-to-door ministry and online presence;
-
Invest in modest refurbishment of church facilities;
-
Expand youth and children's ministry;
-
Strengthen partnerships with other evangelical churches in the region.
TRUSTEES’ RESPONSIBILITIES
The trustees are responsible for preparing financial statements for each financial year which give a true and fair view of the charity’s financial position and activities. In preparing those statements, the trustees must:
-
Select suitable accounting policies and apply them consistently;
-
Make reasonable and prudent judgements and estimates;
3
- Prepare the financial statements on a going concern basis unless it is inappropriate to do so.
Trustees are also responsible for:
-
Keeping proper accounting records;
-
Safeguarding the assets of the charity;
-
Taking reasonable steps for the prevention and detection of fraud and other irregularities.
APPROVAL
07/25/2025 This report was approved by the trustees on ______, and signed on their behalf by:
Mark Roberts Trustee
4
WELLINGTON EVANGELICAL CHAPEL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| Note Income from: Donations and legacies Investments Total income Expenditure on: Charitable activities 2 Other distributions 3 Governance costs 2 Total expenditure Net Income for the year Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted Funds £ 63,842 1,403 65,245 63,414 3,825 600 67,839 (2,594) 504,404 501,810 |
Restricted Funds £ 10,895 - 10,895 6,491 - - 6,491 4,404 27,314 31,718 |
Total Funds 2024 £ 74,737 1,403 76,140 69,905 3,825 600 74,330 1,810 531,718 533,528 |
Total Funds 2023 £ 97,866 803 98,669 55,512 1,700 1,861 59,073 39,596 492,122 531,718 |
|---|---|---|---|---|
The notes form part of these financial statements
5
WELLINGTON EVANGELICAL CHAPEL
BALANCE SHEET AS AT 31 DECEMBER 2024
| Note Fixed Assets Tangible Fixed Assets 4 Current Assets Debtors 5 Cash at bank and in hand Creditors:Amounts falling due within on year 6 Net current assets Total assets less current liabilities Funds Unrestricted Funds 7 Restricted Funds 7 Total funds |
Total Funds 31-Dec-2024 £ 425,158 3,408 105,884 109,292 (922) 108,370 533,528 501,810 31,718 533,528 |
Total Funds 31-Dec-2023 £ 418,689 3,969 109,780 113,749 (720) 113,029 531,718 504,404 27,314 531,718 |
|---|---|---|
07/25/2025
The financial statements were approved by the Board of Trustees and authorised for issue on …....................... and were signed on their behalf by :
…........................................
Mark Roberts Trustee
The notes form part of these financial statements
6
WELLINGTON EVANGELICAL CHAPEL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1 Accounting Policies
Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Statement of Recommended Practice 'Accounting and Reporting by Charities' (Charities SORP FRS 102), as issued by the Charity Commission.
Cash flow statement
The Management Committee has taken advantage of the exemption available under Financial Reporting Standard 1 (Revised 1996) from preparing a cash flow statement, on the grounds that the charity qualifies as small.
Fund accounting
The general account includes Sunday offerings and other unrestricted gifts which may be used for any purpose within the terms of the trust deed. Other gifts received for specified purposes are recorded in restricted funds as appropriate.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is entitled to the income, receipt is probable, and the amount can be measured with reasonable accuracy.
The following specific policies apply to particular categories of income:
Voluntary income — includes grants, donations, and gifts, and is recognised in full in the SoFA when receivable. Grants that are not subject to specific performance conditions are recognised when the charity becomes unconditionally entitled to the income.
Donated services and facilities — are recognised at their estimated value to the charity, where this can be measured reliably. The value of services provided by volunteers is not included in these financial statements due to the difficulty in quantifying this contribution.
Investment income — is recognised when receivable.
Income from charitable activities — is recognised when earned. This includes grants and contracts for services where income is recognised as the charity earns the right to consideration through performance of specific activities or delivery of services.
7
WELLINGTON EVANGELICAL CHAPEL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1 Accounting Policies (continued)
Resources expended
Expenditure is recognised on an accrual basis when a liability is incurred. It includes any VAT that is not recoverable, which is reported as part of the related expenditure category.
The principal categories of expenditure are:
Costs of generating funds – these comprise the costs incurred in attracting voluntary income, as well as those associated with fundraising trading activities.
Charitable activities – these are the costs directly related to the provision of the charity’s services and activities for its beneficiaries. This includes both direct costs and an appropriate share of support and overhead costs necessary to deliver the activities.
Governance costs – these include the costs associated with the governance of the charity and compliance with constitutional and statutory requirements. They typically include audit or independent examination fees and costs relating to strategic oversight and trustee meetings.
Fixed assets
Freehold property is included in the balance sheet at cost or where this is not available at the trustees’ estimate of the value.
Depreciation
Depreciation is provided to write off the cost of tangible fixed assets over their estimated useful lives at the following rate:
Equipment – 25% per annum on a reducing balance basis.
No depreciation is charged on freehold property, as it is the charity’s policy to maintain the property to a standard such that its residual value is not less than its carrying amount.
Cash at bank and in hand
Cash at bank and in hand includes cash and short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value. These investments typically have a maturity of three months or less from the date of acquisition or from the opening of the deposit or similar account.
8
WELLINGTON EVANGELICAL CHAPEL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
2 Resources Expended
| Charitable expenditure Staff costs Pulpit supply and sundry expenses Repairs, renewals and grounds maintenance Light and heat Mercy fund Evangelism (including camp) Depreciation of equipment Church insurance Telephone Advertising Governance costs Independent examiner’s fee Accounting software Employee information Wages and salaries Social Security costs Pension contributions Average number of full-time equivalent employees |
Unrestricted funds £ 39,791 15,281 2,400 3,289 - 181 306 1,325 787 55 63,414 600 - 600 |
Restricted funds £ - - 6,391 - 100 - - - - - 6,491 - - - |
Total funds 2024 £ 39,791 15,281 8,791 3,289 100 181 306 1,325 787 55 69,905 600 - 600 2024 £ 38,996 - 795 39,791 No. 2 |
Total funds 2023 £ 36,356 4,259 4,333 1,602 2,484 4,122 371 1,182 773 30 55,512 720 1,141 1,861 2023 £ 35,672 - 684 36,356 No. 2 |
|---|---|---|---|---|
9
WELLINGTON EVANGELICAL CHAPEL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
3 Missionary giving
| Checkpoint CYT Day One Fountain of Peace Open Doors Ukraine Tangible fixed assets Cost At 01 January 2024 Additions Revaluation At 31 December 2024 Depreciation At 01 January 2024 Charge for the year At 31 December 2024 Net book value At 31 December 2024 At 31 December 2023 |
Freehold land and buildings £ 417,688 - - 417,688 - - - 417,688 417,688 |
2024 £ 550 750 2,200 325 - 3,825 Equipment £ 12,357 6,775 - 19,132 11,356 306 11,662 7,470 1,001 |
2023 £ 600 600 200 300 - 1,700 Total £ 430,045 6,775 - 436,820 11,356 306 11,662 425,158 418,689 |
|---|---|---|---|
4 Tangible fixed assets
All fixed assets are used in the direct furtherance of the charity’s objects.
The freehold premises were valued by the trustees at their existing use value on 31 December 2024 at the figure shown above. The original cost of the freehold premises is unknown.
5 Debtors
| Gift aid refund Sundry debtors |
2024 £ 3,408 - 3,408 |
2023 £ 3,969 - 3,969 |
|---|---|---|
10
WELLINGTON EVANGELICAL CHAPEL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6 Creditors:amounts falling due within one year
| Accruals Analysis of funds Unrestricted funds General funds Restricted funds Specific missionary gifts fund Pastor fund Mercy fund Refurbishment fund Total Funds |
Balance at 01 January 2024 £ 504,404 - - 304 27,010 27,314 531,718 |
Income £ 65,245 100 8,895 1,900 - 10,895 76,140 |
2024 £ 922 Expenditure £ (67,839) - - (100) (6,391) (6,491) (74,330) |
2023 £ 720 Balance at 31 December 2024 £ 501,810 100 8,895 2,104 20,619 31,718 533,528 |
|---|---|---|---|---|
- 7 Analysis of funds
The specific missionary gifts fund accepts donations to be forwarded to specific missions. The pastor fund accepts donations to be used exclusively in support of the pastor of the church.
The mercy fund accepts gifts to be used exclusively for the relief of hardship among member of the congregation. The refurbishment fund accepts donations to be used exclusively on church building maintenance, refurbishment and extension.
8 Independent examiner's fees
The independent examiner's remuneration amounts to an independent examiner's fee of £600 (2023 - £720)
11
WELLINGTON EVANGELICAL CHAPEL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
9 Trustee's remuneration and expenses
During the year ended 31 December 2024:
Three trustees were reimbursed for expenses or had expenses paid on their behalf in connection with their roles as trustees.
-
The total amount reimbursed or paid to trustees was £4,025.
-
•The total amount received from trustees was £4,240.
These payments related to legitimate expenses incurred for travel, ministry-related supplies, and church-related operational needs. No trustee received any remuneration for their role as trustee.
The amount received from trustees represents the reimbursement of expenses initially paid by the charity on their behalf or the return of unused funds previously advanced for ministry-related activities.
12
Registered Charity Number: 233810
WELLINGTON EVANGELICAL CHAPEL
TRUSTEES’ REPORT
AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
WELLINGTON EVANGELICAL CHAPEL
CONTENTS
| Page | |
|---|---|
| Reference and administrative information | 1 |
| Trustees’ Report | 2 – 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 12 |
WELLINGTON EVANGELICAL CHAPEL
REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees
Mr. Derek Backhouse Mr. Mark Roberts Mr. John Roberts Mrs. Sharon Roberts Mr. Stephen Stonelake Mr. Warren Gittoes Mr. Shaun Dumbill
Registered Charity Number
Principal Office Independent Examiner
233810 Fairacre Canon Pyon Hereford HR4 8PL Bowdon Accounting Services Bartle House Oxford Court Manchester M2 3WQ
1
WELLINGTON EVANGELICAL CHAPEL
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Wellington Evangelical Chapel is an unincorporated charity governed by an amended Indenture dated 15 February 2017. Trustees are appointed in accordance with the governing document and relevant legislation. The trustees meet regularly to oversee the affairs of the chapel, ensuring compliance with the charity's objectives and prudent management of its resources.
OBJECTIVES AND ACTIVITIES
Charitable Objectives:
The object of the charity is the advancement of the Christian evangelical Protestant religion, primarily through:
-
The provision of regular public worship services;
-
The preaching and teaching of the gospel of Jesus Christ;
-
Sunday School and youth ministry;
-
Evangelistic outreach and community events.
Public Benefit:
In accordance with Section 4 of the Charities Act 2011, the trustees confirm that they have had due regard to the Charity Commission’s guidance on public benefit and believe the charity's work meets these requirements. Services are open to all members of the public regardless of background.
ACHIEVEMENTS AND PERFORMANCE
In 2024, Wellington Evangelical Chapel continued its mission by holding regular Sunday worship services and midweek Bible studies. The following notable activities occurred during the year:
-
Sunday School maintained regular attendance with curriculum tailored to age groups;
-
Community Outreach events were hosted during Easter and Christmas;
-
Support Ministry provided pastoral care to elderly and vulnerable members;
-
Collaboration with other local churches for prayer meetings and Gospel outreach;
-
Introduction of a youth discipleship programme on Fridays.
2
Despite challenges related to ongoing economic pressures, attendance remained stable and engagement deepened within the congregation.
FINANCIAL OVERVIEW
The financial statements for the year ended 31 December 2024 are appended to this report.
Total income for the year was £76,140, primarily from donations and gift aid. Total expenditure was £74,300, largely relating to premises maintenance, ministry support, and staff costs.
The charity ended the year with net assets of £533,528 . No material uncertainties exist regarding the charity's ability to continue as a going concern.
The trustees aim to maintain unrestricted reserves equivalent to at least 3 months of regular operating costs to ensure financial stability.
RISK MANAGEMENT
Trustees actively review the major risks facing the charity. Key risks identified in 2024 include:
-
Financial sustainability amidst rising costs;
-
Health and safety of premises;
-
Safeguarding of children and vulnerable adults.
Mitigating actions include adherence to safeguarding policies, building inspections, and careful budgeting.
PLANS FOR THE FUTURE
The trustees plan to:
-
Enhance local outreach efforts, including door-to-door ministry and online presence;
-
Invest in modest refurbishment of church facilities;
-
Expand youth and children's ministry;
-
Strengthen partnerships with other evangelical churches in the region.
TRUSTEES’ RESPONSIBILITIES
The trustees are responsible for preparing financial statements for each financial year which give a true and fair view of the charity’s financial position and activities. In preparing those statements, the trustees must:
-
Select suitable accounting policies and apply them consistently;
-
Make reasonable and prudent judgements and estimates;
3
- Prepare the financial statements on a going concern basis unless it is inappropriate to do so.
Trustees are also responsible for:
-
Keeping proper accounting records;
-
Safeguarding the assets of the charity;
-
Taking reasonable steps for the prevention and detection of fraud and other irregularities.
APPROVAL
07/25/2025 This report was approved by the trustees on ______, and signed on their behalf by:
Mark Roberts Trustee
4
WELLINGTON EVANGELICAL CHAPEL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| Note Income from: Donations and legacies Investments Total income Expenditure on: Charitable activities 2 Other distributions 3 Governance costs 2 Total expenditure Net Income for the year Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted Funds £ 63,842 1,403 65,245 63,414 3,825 600 67,839 (2,594) 504,404 501,810 |
Restricted Funds £ 10,895 - 10,895 6,491 - - 6,491 4,404 27,314 31,718 |
Total Funds 2024 £ 74,737 1,403 76,140 69,905 3,825 600 74,330 1,810 531,718 533,528 |
Total Funds 2023 £ 97,866 803 98,669 55,512 1,700 1,861 59,073 39,596 492,122 531,718 |
|---|---|---|---|---|
The notes form part of these financial statements
5
WELLINGTON EVANGELICAL CHAPEL
BALANCE SHEET AS AT 31 DECEMBER 2024
| Note Fixed Assets Tangible Fixed Assets 4 Current Assets Debtors 5 Cash at bank and in hand Creditors:Amounts falling due within on year 6 Net current assets Total assets less current liabilities Funds Unrestricted Funds 7 Restricted Funds 7 Total funds |
Total Funds 31-Dec-2024 £ 425,158 3,408 105,884 109,292 (922) 108,370 533,528 501,810 31,718 533,528 |
Total Funds 31-Dec-2023 £ 418,689 3,969 109,780 113,749 (720) 113,029 531,718 504,404 27,314 531,718 |
|---|---|---|
07/25/2025
The financial statements were approved by the Board of Trustees and authorised for issue on …....................... and were signed on their behalf by :
…........................................
Mark Roberts Trustee
The notes form part of these financial statements
6
WELLINGTON EVANGELICAL CHAPEL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1 Accounting Policies
Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Statement of Recommended Practice 'Accounting and Reporting by Charities' (Charities SORP FRS 102), as issued by the Charity Commission.
Cash flow statement
The Management Committee has taken advantage of the exemption available under Financial Reporting Standard 1 (Revised 1996) from preparing a cash flow statement, on the grounds that the charity qualifies as small.
Fund accounting
The general account includes Sunday offerings and other unrestricted gifts which may be used for any purpose within the terms of the trust deed. Other gifts received for specified purposes are recorded in restricted funds as appropriate.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is entitled to the income, receipt is probable, and the amount can be measured with reasonable accuracy.
The following specific policies apply to particular categories of income:
Voluntary income — includes grants, donations, and gifts, and is recognised in full in the SoFA when receivable. Grants that are not subject to specific performance conditions are recognised when the charity becomes unconditionally entitled to the income.
Donated services and facilities — are recognised at their estimated value to the charity, where this can be measured reliably. The value of services provided by volunteers is not included in these financial statements due to the difficulty in quantifying this contribution.
Investment income — is recognised when receivable.
Income from charitable activities — is recognised when earned. This includes grants and contracts for services where income is recognised as the charity earns the right to consideration through performance of specific activities or delivery of services.
7
WELLINGTON EVANGELICAL CHAPEL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1 Accounting Policies (continued)
Resources expended
Expenditure is recognised on an accrual basis when a liability is incurred. It includes any VAT that is not recoverable, which is reported as part of the related expenditure category.
The principal categories of expenditure are:
Costs of generating funds – these comprise the costs incurred in attracting voluntary income, as well as those associated with fundraising trading activities.
Charitable activities – these are the costs directly related to the provision of the charity’s services and activities for its beneficiaries. This includes both direct costs and an appropriate share of support and overhead costs necessary to deliver the activities.
Governance costs – these include the costs associated with the governance of the charity and compliance with constitutional and statutory requirements. They typically include audit or independent examination fees and costs relating to strategic oversight and trustee meetings.
Fixed assets
Freehold property is included in the balance sheet at cost or where this is not available at the trustees’ estimate of the value.
Depreciation
Depreciation is provided to write off the cost of tangible fixed assets over their estimated useful lives at the following rate:
Equipment – 25% per annum on a reducing balance basis.
No depreciation is charged on freehold property, as it is the charity’s policy to maintain the property to a standard such that its residual value is not less than its carrying amount.
Cash at bank and in hand
Cash at bank and in hand includes cash and short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value. These investments typically have a maturity of three months or less from the date of acquisition or from the opening of the deposit or similar account.
8
WELLINGTON EVANGELICAL CHAPEL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
2 Resources Expended
| Charitable expenditure Staff costs Pulpit supply and sundry expenses Repairs, renewals and grounds maintenance Light and heat Mercy fund Evangelism (including camp) Depreciation of equipment Church insurance Telephone Advertising Governance costs Independent examiner’s fee Accounting software Employee information Wages and salaries Social Security costs Pension contributions Average number of full-time equivalent employees |
Unrestricted funds £ 39,791 15,281 2,400 3,289 - 181 306 1,325 787 55 63,414 600 - 600 |
Restricted funds £ - - 6,391 - 100 - - - - - 6,491 - - - |
Total funds 2024 £ 39,791 15,281 8,791 3,289 100 181 306 1,325 787 55 69,905 600 - 600 2024 £ 38,996 - 795 39,791 No. 2 |
Total funds 2023 £ 36,356 4,259 4,333 1,602 2,484 4,122 371 1,182 773 30 55,512 720 1,141 1,861 2023 £ 35,672 - 684 36,356 No. 2 |
|---|---|---|---|---|
9
WELLINGTON EVANGELICAL CHAPEL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
3 Missionary giving
| Checkpoint CYT Day One Fountain of Peace Open Doors Ukraine Tangible fixed assets Cost At 01 January 2024 Additions Revaluation At 31 December 2024 Depreciation At 01 January 2024 Charge for the year At 31 December 2024 Net book value At 31 December 2024 At 31 December 2023 |
Freehold land and buildings £ 417,688 - - 417,688 - - - 417,688 417,688 |
2024 £ 550 750 2,200 325 - 3,825 Equipment £ 12,357 6,775 - 19,132 11,356 306 11,662 7,470 1,001 |
2023 £ 600 600 200 300 - 1,700 Total £ 430,045 6,775 - 436,820 11,356 306 11,662 425,158 418,689 |
|---|---|---|---|
4 Tangible fixed assets
All fixed assets are used in the direct furtherance of the charity’s objects.
The freehold premises were valued by the trustees at their existing use value on 31 December 2024 at the figure shown above. The original cost of the freehold premises is unknown.
5 Debtors
| Gift aid refund Sundry debtors |
2024 £ 3,408 - 3,408 |
2023 £ 3,969 - 3,969 |
|---|---|---|
10
WELLINGTON EVANGELICAL CHAPEL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6 Creditors:amounts falling due within one year
| Accruals Analysis of funds Unrestricted funds General funds Restricted funds Specific missionary gifts fund Pastor fund Mercy fund Refurbishment fund Total Funds |
Balance at 01 January 2024 £ 504,404 - - 304 27,010 27,314 531,718 |
Income £ 65,245 100 8,895 1,900 - 10,895 76,140 |
2024 £ 922 Expenditure £ (67,839) - - (100) (6,391) (6,491) (74,330) |
2023 £ 720 Balance at 31 December 2024 £ 501,810 100 8,895 2,104 20,619 31,718 533,528 |
|---|---|---|---|---|
- 7 Analysis of funds
The specific missionary gifts fund accepts donations to be forwarded to specific missions. The pastor fund accepts donations to be used exclusively in support of the pastor of the church.
The mercy fund accepts gifts to be used exclusively for the relief of hardship among member of the congregation. The refurbishment fund accepts donations to be used exclusively on church building maintenance, refurbishment and extension.
8 Independent examiner's fees
The independent examiner's remuneration amounts to an independent examiner's fee of £600 (2023 - £720)
11
WELLINGTON EVANGELICAL CHAPEL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
9 Trustee's remuneration and expenses
During the year ended 31 December 2024:
Three trustees were reimbursed for expenses or had expenses paid on their behalf in connection with their roles as trustees.
-
The total amount reimbursed or paid to trustees was £4,025.
-
•The total amount received from trustees was £4,240.
These payments related to legitimate expenses incurred for travel, ministry-related supplies, and church-related operational needs. No trustee received any remuneration for their role as trustee.
The amount received from trustees represents the reimbursement of expenses initially paid by the charity on their behalf or the return of unused funds previously advanced for ministry-related activities.
12
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees Charity Name WELLINGTON EVANGELICAL CHAPEL On accounts for the year 31/12/2024 Charity no 233810 ended (if any) Set out on pages 1-2 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2024. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Name: Adeel Sahi Relevant professional ACCA qualification(s) or body (if any): Address: Bowdon Accounting Services Ltd Bartle House, Oxford Court,
Date: 14/07/2025
1
Oct 2018
IER
Manchester M2 3WQ
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of None any items that the examiner wishes to disclose .
2
Oct 2018
IER