Hi11gborough Tabérnacle Congregational Church - Woyklng Funds ( Rggi¥tsrgd charity. Number 235206) FINANCIAL STATEMENTS for the year ended 31 December 2024 Contents Page Legal Infomation Committee report Examiner8 report Statement of financial a¢tivitie$ Balance sheet Notes to the accounts
Hi115borough Tabernacle Congregatlonal Church . Working Funds Legal Inforniatlon Trustees Margaret Taylor Josephine Mary Gelder Angela Hool8 Eric TaySor Jillian Winnard Jennifer Morton Registered Charity Number 235206 Princlpal Address Josephine Mary Gelder Hillsborough Tabernacle Church Clo 21 Leader Road Sheffield S6 4GG Bankers Virgin Money 157 Bradfield Road Sheffield S6 2LY CCLA Investment Management Ltd COIF Charity Funds Senator House 85 Queen Street London EC4V 4ET Independent Examiner Craig Williamson White Rose Accounting for Charities The Ghyll Threapland Aspatria CA7 2EL
Hlllsborough Tabgrnacl• Con9regatlonal Church . Worklng Funds Trystèts. report The trustees a pleased to pre8enttheir POrt and financ4al statements ol the chanty foi year ended 31 Decmber 2024 Oryanisation Hill3borough Tabernacle 1$ ? rggi$tered charity and is govern by 8 degd of trust dated 13 December 1900, 8$ 8mende4 16 Morch 2004 and amended 17 Novernbèr2017 to thg Congr8gatsonal Federation Approved Governing Documonl. illsborou9h Tabernacle Congr8gational church-w0.ng Fund5 was ?nt8red oll the gIster of Charities on the 8 September 1985. Obi8¢ts ofth8 charity The Objects ol the ch8rity are for. ReligU5 Worship. the provision ol soGi81 aclivits. b¢y8 brwade, ACE. Help in Hillsborough, Blbb 8Wdy roorn hSie to community 9roups. Publlc Bonefit Statement The Manag8ment Tru5t8e5 matt bi monthly and ovgrseg all a¢tivili8s organised by the Chuich ccrnmunily. This en$ure$ Such bodies comply with any statutory requiremen15 as well as operating within the rules 8nd requirement8 of the church community. Hire of the h811 is rnonitored by the trustees arKI ongoing contsGt with the leadets of community group$ is p8ramounl. 1 groups have svjned an agreement specifying th8 terms and eondition$ underwhich thw a pem)itted lo occupy the premi$e$. Revlew of activities Without a full lime Mlnrsbr, continue to worship weekty with our Trustees, church mernbtrs and loc21 preachers tsking our services along with th8 opportunity to attend joint s¢rvKe$ wilh the Salvab'on Army. Wo continue to hokl Breakfast Church on Significant dales tt)roughoLiI the yeaT which attract a large nurnber of people both young and okl. Technology has been ¢h8llenging Ihis year whilst we worship in ditt6r8ntways in tho absence of an organist and wa ènjoyed inviting our neigbours at Hi11sborough Trinity Methixli$l Church to tske p8rt in our Peniecost seNice and telebralions. W• also weleomoé a m8mb•r 5nto our congregation. Al the ChurGh Trustee$, mgrnbers and adhergnts bvork together and share the respon5ibillty fpr the building and its conggatiOn and users, both in practal pastoral ways lo ensure that the Church at the heart of Hillsborough continue8 to thrive. Our church building continues to be busy th Community and NHS groups u8iThJ the premi5e5 m051 days and we have not feh the need to increase rents this year, apart from the ex-man5e rent that has remained static for a number of years. With our increased numbers al Breakfast Church and the r8gulargiving by Church rnernbers directly into the bank meantthat we viere 8bl8 lo rarde a signrficant arnount through GiftAd for thè year. Improvements to the Churc* buikling have continued throughout the yearwilh thg In$tallotion of privacy glas$ in th8 Church to safeguard our neighbours but we eontinug tD negotiate an agr88m8nt for aecess out of our fire door Ihiough thè gardens ontC> Hawksley Avenue. We have also b8en abla to come to an arrangement th ioofets to pay for another firm to re$eal Ihe eeiling as this has $lill not dried out aftpr 2 years which has delayed our redecorats.on programme. Other improvements have Included new hand dryers, external lighting, Smoke d8teElors, wrfi, ventilation. plastering and decoration ol the downstairs kitchen We continued lo experience morè problems with the he8ting Systèm and havè agreed to ramove the radiator covers. With the remaindei ol ourdonation from Brimminglon Church we We abk 10 8gree the InstaltTr of larg8 tv's in new year linked io the speakers and laptop (rather than a projector) to enhance our worship. Energy costs are still Impa¢iin9 on our nsing monlhw expenses but we continue to ?njoy a healthy ash flow and we have bgen able to mana99 all our expense$ frorn within our working account and hav& transfered Some of th85e F[nIeS into our reserves lo take advantage of the hi9her interèst r8te$ now being pak4.
Hiiisborough Tabernaclo Congregatlonal Church . Working Funds Trustees. report continued Trustees responslbilities for the financial statements The truslees are responsible for preparing financial statements for each financial period which show the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing those financial statements, th8 Trustees are required to.. tj select suitable accounting policies and apply them consistently., E] observe the methods and principles in the Charities SORP FRS1102)-, Q make judgements and estimates that ar8 reasonabl8 and prudent. ri pr8pare the financial statements on a going conrn basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping prop8r accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable the Trustees to prepare financial statements. The Trustees are responsible for safeguarding the assets of the Charity and hen for taking reasonable steps for the prevention of fraud and other irregularities. Signed on behalf of the Trustees on 15June 25 by Josephine Mary Gelder Trustee
Hillsborough Tabernacle Congregatlonal Church - Worklng Funds Independent examine$ report to the trustees of Hillsborough Tabernacle Congregational Church - Worklng Funds I report on the accounts for the year ended 31 Dècember 2024. which are set out on pages 6 to Respectlve responslbilities of trustees and examlner 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{21 of the Charities Act 2011 (the 2011 Acll and that an independent examination is needed. 11 is my responsibility lo.. El examine the accounts under section 145 of the 2011 Act,. o to follow the procedures laid down in the general Directions given by the Charity Commission under section 14515llb} of the 2011 Act., and lo state whether particular matters have come to my attention. Basis of Indeper)dent examineff s report 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. 11 also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you a5 trustees Concerning any such mallers. The procedure$ undertaken do not provide all the evidence that Would be required in an audit and consequently no opinion is given as lo whether the accounts present a 'lrue and fair view, and the report is limited to those mallers Set out In the statement below. Independent examlnews statement In connection with my examination, no matter has ¢ome to my attention.. (11 which gives me reasonable cause to believe that in any material respect the requirements.. El lo keep accounting records in accordance with section 130 of the 2011 Act., and o to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been mel., or 121 to which, in my opinion, attention should be drawn in order to enable a proper undeislanding of the account a¢hed. Signed-. Craig Williamson While Rose Accounting for Charities The Ghyll Threapland Aspalria CA7 2EL Dale..
Hillsborough Tabernacle Congregatlonal Church - Worklng Funds Statement of Financial Activltles for the year ended 31 DeGember 2024 Total 2024 Total 2023 Note Incoming resources Grants and donations Offertory Room rentals and Lennox Road nt Gift Aid Bank Interest Other Income Total incoming resources 822 5,252 39,421 1,336 3,095 517 50,442 6,420 5,398 24,506 2,664 2,397 2,039 43,424 Resources expended Ministry Administration Utilities Insurance Cleaning Charitable donations I fees Repairs and maintenance Refurbishment Other expenditure Independent Examination 30 1,053 12,318 4,037 2,433 622 4,738 15,628 2,713 370 30 1,129 9,969 3,161 2,501 538 9,468 13,338 2,656 350 Total resources expended 43,942 43,140 Net incomingl(outgoing) resources 6,500 284 Total funds brought forward Total funds carrled forward 1,895,205 1,894,921 1,901,705 1,895,205
Hillsborough Tabernacle Congregational Church - Worklng Funds Balance Sheet as at 31 December 2024 2024 2023 Notes Fixed Assets 1.800,000 1,800,000 Current assets Working funds (Yorkshire Bank) COIF - Development Fund Cash Total current assets 31,909 70,166 38,499 57,056 102,075 95,555 Creditors: amounts falling due within one year (370) (350} Net current assetsllliabilitiesl 101,705 95,205 Total ass8ts less Current liabilities 1,901,705 1,895,205 Net assets 1,901,705 1,895,205 Represented By FUNDS Fixed assets Unrestricted income fund Restricted funés 1,800,000 95,327 6,378 1,901,705 1,800,000 79,224 15,981 1,895,205 Signed on behalf of the Twstees Dated 15.6.25 Josephine Mary Gelder Trustee
Hillsborough Tabernacle Congregational Church - Working Funds Notes to the accounts for the year ending 31 December 2024 1 Accounting policies {al Basls of preparatlon The Financial Statements have teen prepared in accordance with the the Financial Reporting standard applicable in the UK and Republic of Ireland {FRS1021, and the Accounting and Reporting by Charits"es'. Statement of Recommended Practice appli¢able to charib'es pparIng their accounts in accordance with FRS102 {effective from January 2015 and updated with effect from January 20161- (the Charities SORP IFRS10211, as modified for $maller Charities. The Charity meets the definition of a public benefit entity as defined under FRS102. Ib) Grants, in¢luding grants for the purchase of fixed assets, are recognised in full in the Income and expenditure account when they are receivable. {c) Expenditure is reco9nised in the period in which costs are incurred. Id) Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, as follows Property V8riable reducing l increasing balan le) Unreslricted funds are donations and other income r&c8ivabl& or generat&d for the objects of the organisation without further specified purpose and are available as general funds. If) Reslricled funds are to be used for $pecifi¢ purposes as laid down by the donor. (g) The charity receives the benefit of work Carried out by volunteers of which no valug is placed in the arKounts. 2 Grants Ideslgnated) & donatlon8 Donations 822 Total 822
Hillsborough Tabernacle Congregational Church - Working Funds Notes to the accounts (contlnued) for the year ended 31 December 2024 3 Fixed assets Church Bulldlng Lennox Road Totals Cost orvaluation AI 01101124 Re-valualion at 31112124 850,000 800,000 1,650,000 110,000 40,000 150,000 960,000 840,000 1,800,000 Dgpreciation AI 01101124 Charge for the year at 31112124 Net book value at 31112124 1,650,000 150,000 1,800,000 Values taken from insurance schedule 2016- no depreciation applied 5 Creditors: arnounts falllng due wlthln one year Independent examination 370 370 6 Fund balances Broughl fotward Carried fOard Income Expenditure Revaluation Fixed assets Unrestricted funds R8strieted Funds 1.800,000 79,224 15,981 1,800,000 95,327 6,378 50.442 134,339) (9,603) 1.895,205 50,442 {43,942) 1.901.705