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|**Trustees**|Mr S Baptist|(Appointed 21 March 2024)|
|---|---|---|
||Mr S W Blanchflower|(Appointed 24 January 2024)|
||Mr D M Brackenridge|(Appointed 21 March 2024)|
||Mr M Bull||
||Ms J Garrett|(Appointed 21 March 2024)|
||Mrs S J Godden||
||MrMJ Gregory||
||Rev C Madanat|(Appointed 21 March 2024)|
||MrS M O'Toole|(Appointed 21 March 2024)|
||MrJAR Vardy||
||Ms A Wheeldon-Clarke|(Appointed 21 March 2024)|
|**Secretary**|Mrs S J Godden||
|**Charity number (England and Wales)**|263446||
|**Charity number (Scotland)**|SC039297||
|**Company number**|00988200||
|**Registered office**|Unit D2||
||Coombswood Way||
||Halesowen||
||B62 8BH||
|**Auditor**|Sumer Auditco Limited||
||The Beehive||
||Beehive Ring Road||
||London Gatwick Airport||
||Gatwick||
||United Kingdom||
||RH6 0PA||
|**Bankers**|Santander UK PLC||
||Bridle Road||
||Bootle||
||Merseyside||
||L30 4GB||
|**Solicitors**|Keelys LLP||
||28 Dam St||
||Lichfield||
||WS13 6AA||
##
||**Page**|
|---|---|
|Trustees' report|1-8|
|Statement of trustees' responsibilities|9|
|Independent auditor's report|10-12|
|Statement of financial activities|13-14|
|Balance sheet|15|
|Statement of cash flows|16|
|Notes to the financial statements|17 - 34|
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|**Strategic**||**Key Measurable **|**2023/24**|**2022/23**|**2021/22**|**2020/21**|
|---|---|---|---|---|---|---|
|**Strand**|||||||
|Intentionality||Total number of|1.66m|1.12m|1.72m|1.7m|
|of evangelism||young people|||||
|||Contacted|||||
|Commitment to||Total number of|59|60|61|60|
|serve|the|Centres with|||||
|Centres||full
charters|||||
|||renewed|||||
|Develop|a|Total number of|102|1,217|225|1,840|
|culture of||users of myLife|||||
|diversity|||||||
|Develop|a|Targeted events|100%|100%|100%|100%|
|culture||and prayer|||||
|of prayer||resources|||||
|||delivered|||||
|Commitment|to|Number
of|1,213|1,322|955|1,032|
|financial||partners|||||
|sustainability|||||||
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|Mr S Baptist|(Appointed 21 March 2024)|
|---|---|
|MrS W Blanchflower|(Appointed 24 January 2024)|
|Mr D M Brackenridge|(Appointed 21 March 2024)|
|Mr M Bull||
|Ms J Garrett|(Appointed 21 March 2024)|
|Mrs S J Godden||
|MrMJ Gregory||
|Rev C Madanat|(Appointed 21 March 2024)|
|MrS M O'Toole|(Appointed 21 March 2024)|
|MrJAR Vardy||
|Ms A Wheeldon-Clarke|(Appointed 21 March 2024)|
|Mrs A Adewunmi|(Resigned 31 December 2023)|
|Mrs J A Fowler|(Resigned 31 December 2023)|
|Mrs P J Joyce|(Resigned 21 March 2024)|
|Mrs D M Mitchell|(Resigned 31 January 2024)|
|MrTJ Wingate|(Resigned 21 March 2024)|
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|**Current financial year**||**Unrestricted**|**Unrestricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|---|
|||**funds**|**funds**|**funds**|||
|||**general**|**designated**||||
|||**2024**|**2024**|**2024**|**2024**|**2023**|
||**Notes**|**£**|**£**|**£**|**£**|**£**|
|**Income from:**|||||||
|Donations and legacies|**3**|842,864|256|341,747|1,184,867|1,556,192|
|Charitable activities|**4**|105,490|-|-|105,490|118,887|
|Investments|**5**|6,835|-|-|6,835|5,024|
|**Total income**||**955,189**|256|341,747|1,297,192|1,680,103|
|**Expenditure on:**|||||||
|Raising funds|**6**|151,021|1,790|12,782|165,593|253,749|
|Charitable activities|**7**|886,250|53,821|392,550|1,332,621|1,519,632|
|Other expenditure|**12**|-|(692)|-|(692)|170|
|**Total expenditure**||1,037,271|54,919|405,332|1,497,522|1,773,551|
|**Net expenditure**||(82,082)|(54,663)|(63,585)|(200,330)|(93,448)|
|Transfers between funds||8,303|(8,303)|-|-|-|
|**Net movement in funds**|**9**|(73,779)|(62,966)|(63,585)|(200,330)|(93,448)|
|**Reconciliation of funds:**|||||||
|Fund balances at 1 September 2023||79,787|715,224|283,953|1,078,964|1,172,412|
|**Fund balances at 31 August 2024**||6,008|652,258|220,368|878,634|1,078,964|
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|**Prior financial year**||**Unrestricted**|**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|---|---|
|||**funds**|**funds**|**funds**||
|||**general**|**designated**|||
|||**2023**|**2023**|**2023**|**2023**|
||**Notes**|**£**|**£**|**£**|**£**|
|**Income from:**||||||
|Donations and legacies|**3**|932,911|54,072|569,209|1,556,192|
|Charitable activities|**4**|118,887|-|-|118,887|
|Investments|**5**|5,024|-|-|5,024|
|**Total income**||1,056,822|54,072|569,209|1,680,103|
|**Expenditure on:**||||||
|Raising funds|**6**|221,400|625|31,724|253,749|
|Charitable activities|**7**|818,898|104,454|596,280|1,519,632|
|Other expenditure|**12**|-|170|-|170|
|**Total expenditure**||1,040,298|105,249|628,004|1,773,551|
|**Net income/(expenditure)**||16,524|(51,177)|(58,795)|(93,448)|
|Transfers between funds||(30,683)|33,857|(3,174)|-|
|**Net movement in funds**|**9**|(14,159)|(17,320)|(61,969)|(93,448)|
|**Reconciliation of funds:**||||||
|Fund balances at 1 September 2022||93,946|732,544|345,922|1,172,412|
|**Fund balances at 31 August 2023**||79,787|715,224|283,953|1,078,964|
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|||2024||2023||
|---|---|---|---|---|---|
||Notes|£|£|£|£|
|Fixed assets||||||
|Tangible assets|14||640,504||681,001|
|Current assets||||||
|Stocks|15|14,646||16,130||
|Debtors|16|54,333||49,525||
|Cash at bank and in hand||314,831||482,935||
|||383,810||548,590||
|Creditors: amounts falling due within|1|||||
|one year|7|(124,341)||(124,843)||
|Net current assets|||259,469||423,747|
|Total assets less current liabilities|||899,973||1,104,748|
|Creditors: amounts falling due after||||||
|more than one year|18||(21,339)||(25,784)|
|Net assets|||878,634||1,078,964|
|The fiinds ofthe charity||||||
|Restricted income funds|21||220,368||283,953|
|Unrestricted funds - general|23||6,008||79,787|
|Unrestricted fiinds - designated|22||652,258||715,224|
||||878,634||1,078,964|
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|||**2024**||**2023**||
|---|---|---|---|---|---|
||**Notes**|**£**|**£**|**£**|**£**|
|**Cash flows from operating activities**||||||
|Cash absorbed by operations|**26**||(179,780)||(23,179)|
|**Investing activities**||||||
|Purchase of tangible fixed assets||(3,698)||(34,103)||
|Proceeds from disposal of tangible fixed||||||
|assets||12,000||247||
|Investment income received||6,835||5,024||
|**Net cash generated from/(used in) investing**||||||
|**activities**|||15,137||(28,832)|
|**Financing activities**||||||
|Payment of finance leases obligations||(3,461)||29,245||
|**Net cash (used in)/generated from financing**||||||
|**activities**|||(3,461)||29,245|
|**Net decrease in cash and cash equivalents**|||(168,104)||(22,766)|
|Cash and cash equivalents at beginning of year|||482,935||505,701|
|**Cash and cash equivalents at end of year**|||314,831||482,935|
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||**Unrestricted **|**Unrestricted**|**Restricted**|**Total**|**Unrestricted **|**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|---|---|---|---|---|
||**funds**|**funds**|**funds**||**funds**|**funds**|**funds**||
||**general**|**designated**|||**general**|**designated**|||
||**2024**|**2024**|**2024**|**2024**|**2023**|**2023**|**2023**|**2023**|
||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**|
|Donations and gifts|726,039|256|301,636|1,027,931|798,370|10,392|482,209|1,290,971|
|Legacies|**-**|**-**|-|-|32,824|**-**|-|32,824|
|Grants|116,825|**-**|40,111|156,936|55,250|43,680|87,000|185,930|
|Donated goods and services|**-**|**-**|-|-|46,467|**-**|-|46,467|
||842,864|256|341,747|1,184,867|932,911|54,072|569,209|1,556,192|
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||**Unrestricted Unrestricted**|**Unrestricted Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2024**|**2023**|
||**££**||
|**Charitable activities**|||
|Sale of goods|30,079|50,764|
|Ancillary trading income|55,754|50,437|
|Other income|19,657|17,686|
||105,490|118,887|
||**Unrestricted **|**Unrestricted**|
|---|---|---|
|||**funds funds**|
||**2024**|**2023**|
||**££**||
|Interest receivable|6,835|5,024|
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||**Unrestricted **|**Unrestricted**|**Restricted**|**Total**|**Unrestricted **|**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|---|---|---|---|---|
||**funds**|**funds**|**funds**||**funds**|**funds**|**funds**||
||**general**|**designated**|||**general**|**designated**|||
||**2024**|**2024**|**2024**|**2024**|**2023**|**2023**|**2023**|**2023**|
||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**|
|**Fundraising and publicity**|||||||||
|Staging fundraising events|50,140||10,083|60,223|95,915|**-**|22,782|118,697|
|Fundraising agents|27,059|**-**|**-**|27,059|32,389|625|8,942|41,956|
|Staff costs|69,292|**-**|**-**|69,292|80,341|**-**|**-**|80,341|
||146,491|**-**|10,083|156,574|208,645|625|31,724|240,994|
|**Trading costs**|||||||||
|Other trading activities|4,530|1,790|2,699|9,019|12,755|**-**|**-**|12,755|
|Total costs|151,021|1,790|12,782|165,593|221,400|625|31,724|253,749|
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||**Charitable**|**Charitable**|
|---|---|---|
||**activities**|**activities**|
||**2024**|**2023**|
||**£**|**£**|
|**Direct costs**|||
|Staff costs|871,210|1,046,488|
|Depreciation and impairment|32,887|39,249|
|Recruitment costs|3,395|611|
|Staff expenses|44,405|43,379|
|Material and research|10,480|23,365|
|Motor expenses|17,890|13,985|
|Property expenses|37,997|36,103|
|Computer costs|45,950|97,587|
|Office costs|143,814|135,879|
|Donations|31,442|41,439|
|Bank and other charges|9,796|4,747|
||1,249,266|1,482,832|
|**Share of support and governance costs (see note 8)**|||
|Support|72,776|23,737|
|Governance|10,579|13,063|
||1,332,621|1,519,632|
|**Analysis by fund**|||
|Unrestricted funds - general|886,250|818,898|
|Unrestricted funds - designated|53,821|104,454|
|Restricted funds|392,550|596,280|
||1,332,621|1,519,632|
|**Support costs allocated to activities**|||
||**2024**|**2023**|
||**£**|**£**|
|Legal & professional|69,785|20,964|
|Accountancy|2,991|2,773|
|Governance costs|10,579|13,063|
||83,355|36,800|
|**Analysed between:**|||
|Charitable activities|83,355|36,800|
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|**9**|**Net movement in funds**|**2024**|**2023**|
|---|---|---|---|
|||**£**|**£**|
||The net movement in funds is stated after charging/(crediting):|||
||Fees payable for the audit of the charity's financial statements|10,579|13,063|
||Depreciation of owned tangible fixed assets|32,887|39,249|
||(Profit)/loss on disposal of tangible fixed assets|(692)|170|
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|The average monthly number of employees during the year was:|||
|---|---|---|
||**2024**|**2023**|
||**Number**|**Number**|
|Fundraising|2|2|
|National Ministries|2|6|
|Centres development/support|8|5|
|Church resources|6|5|
|Diversity|3|8|
|Education|**1**|2|
|Support and administration|8|11|
|National Director|1|1|
|Prayer|1|1|
|Total|32|41|
|**Employment costs**|**2024**|**2023**|
||**£**|**£**|
|Wages and salaries|805,421|965,394|
|Social security costs|67,755|80,616|
|Other pension costs|67,326|80,819|
||940,502|1,126,829|
|The number of employees whose annual remuneration was more than £60,000|||
|is as follows:|||
||**2024**|**2023**|
||**Number**|**Number**|
|£60,000 - £70,000|1|1|
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|**Remuneration of key management personnel**|||
|---|---|---|
|The remuneration of key management personnel was as follows:|||
||**2024**|**2023**|
||**£**|**£**|
|Aggregate compensation|239,033|248,837|
##
||**Unrestricted Unrestricted**|
|---|---|
||**funds funds**|
||**designated designated**|
||**2024**
**2023**|
||**££**|
|Net loss on disposal of tangible fixed assets|(692)
170|
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|**Tangible fixed assets**||||||
|---|---|---|---|---|---|
||**Freehold land**|**Fixtures and**|**Computers**|**Motor**|**Total**|
||**and buildings**|**fittings**||**vehicles**||
||**£**|**£**|**£**|**£**|**£**|
|**Cost**||||||
|At 1 September 2023|775,548|40,407|178,827|55,117|1,049,899|
|Additions|-|-|3,697|-|3,697|
|Disposals|-|-|(22,636)|-|(22,636)|
|At 31 August 2024|775,548|40,407|159,888|55,117|1,030,960|
|**Depreciation and impairment**||||||
|At 1 September 2023|165,273|38,160|139,592|25,872|368,897|
|Depreciation charged in the year|10,272|1,156|14,151|7,308|32,887|
|Eliminated in respect of disposals|-|-|(11,328)|-|(11,328)|
|At 31 August 2024|175,545|39,316|142,415|33,180|390,456|
|**Carrying amount**||||||
|At 31 August 2024|600,003|1,091|17,473|21,937|640,504|
|At 31 August 2023|610,275|2,247|39,234|29,245|681,001|
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|---|---|---|---|---|
|**14 **|**Tangible fixed assets**|||**(Continued)**|
||All fixed assets are for charity use. The land is held on a 999 year lease at a peppercorn rent.|||The lease has|
||982 years to run.||||
|**15**|**Stocks**||||
||||**2024**|**2023**|
||||**£**|**£**|
||Finished goods and goods for resale||14,646|16,130|
|**16**|**Debtors**||||
||||**2024**|**2023**|
||**Amounts falling due within one year:**||**£**|**£**|
||Trade debtors||1,873|7,274|
||Other debtors||13,981|11,306|
||Prepayments and accrued income||38,479|30,945|
||||54,333|49,525|
|**17**|**Creditors: amounts falling due within one year**||||
||||**2024**|**2023**|
|||**Notes**|**£**|**£**|
||Obligations under finance leases|**19**|4,445|3,461|
||Other taxation and social security||19,419|18,835|
||Trade creditors||36,680|35,015|
||Other creditors||41,616|46,497|
||Accruals and deferred income||22,181|21,035|
||||124,341|124,843|
|**18**|**Creditors: amounts falling due after more than one year**||||
||||**2024**|**2023**|
|||**Notes**|**£**|**£**|
||Obligations under finance leases|**19**|21,339|25,784|
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|Future minimum lease payments due under finance leases:|||
|---|---|---|
||**2024**|**2023**|
||**£**|**£**|
|Within one year|4,445|3,461|
|Within two and five years|21,339|25,784|
||25,784|29,245|
##
|**Retirement benefit schemes**|||
|---|---|---|
||**2024**|**2023**|
|**Defined contribution schemes**|**£**|**£**|
|Charge to profit or loss in respect of defined contribution schemes|67,326|80,819|
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||**At 1**|**Incoming**|**Resources**|**Transfers**|**At 31 August**|
|---|---|---|---|---|---|
||**September**|**resources**|**expended**||**2024**|
||**2023**|||||
||**£**|**£**|**£**|**£**|**£**|
|Operation Gideon Bursary|9,664|4,022|(1,500)|**-**|12,186|
|Local Ministries Development|8,352|17,511|(17,511)|**-**|8,352|
|Outreach|223,085|-|(98,457)|(1,465)|123,163|
|Church Resource Projects|4,492|3,097|(3,037)|**-**|4,552|
|Schools Work|4,000|8,073|(8,629)|1,224|4,668|
|Young Offenders and at Risk|11,203|-|(3,896)|(1,224)|6,083|
|National Director Projects|5,290|3,768|(2,878)|**-**|6,180|
|Evangelism|8,313|29,120|(15,729)|1,465|23,169|
|Communications|6,554|-|(253)|**-**|6,301|
|Income development|3,000|26,000|(18,085)|**-**|10,915|
|Capital projects|**-**|21,786|(6,987)|**-**|14,799|
|International and national|**-**|19,759|(19,759)|**-**|**-**|
|Personal support|**-**|208,611|(208,611)|**-**|**-**|
||283,953|341,747|(405,332)|**-**|220,368|
|**Previous year:**|**At 1**|Incoming|**Resources**|**Transfers **|**At 31 August**|
||**September**|resources|**expended**||**2023**|
||**2022**|||||
||**£**|£|**£**|**£**|**£**|
|Operation Gideon bursary|10,250|3,462|(4,048)|**-**|9,664|
|Local ministries development|35,246|-|(26,894)|**-**|8,352|
|Outreach|256,272|148,000|(179,221)|(1,966)|223,085|
|Church resourse projects|4,191|301|**-**|**-**|4,492|
|Schols work|1,882|11,501|(9,383)|**-**|4,000|
|Your offenders and at risk|9,854|6,993|(5,644)|**-**|11,203|
|National director projects|5,290|920|(920)|**-**|5,290|
|Personal support|**-**|306,735|(306,735)|**-**|**-**|
|Evangelism|12,955|14,620|(19,262)|**-**|8,313|
|Communications|8,130|8,078|**(8,446)**|(1,208)|6,554|
|Scotland|1,852|-|(1,852)|**-**|**-**|
|International and national|**-**|24,849|(24,849)|**-**|**-**|
|Income development|**-**|3,000|**-**|**-**|3,000|
|Restructuring|**-**|40,750|(40,750)|**-**|**-**|
||345,922|569,209|(628,004)|(3,174)|283,953|
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||**At 1**|**Incoming**|**Resources**|**Transfers**|**At **|**31 August**|
|---|---|---|---|---|---|---|
||**September**|**resources**|**expended**|||**2024**|
||**2023**||||||
||**£**|**£**|**£**|**£**||**£**|
|Million Club|6,077|209|(6,000)|**-**||286|
|Various|13,394|**-**|(1,925)|**-**||11,469|
|Fixed Assets - Non cash|681,001|**-**|(32,195)|(8,303)||640,503|
|The Discipleship Centre|14,752|47|(14,799)|**-**||**-**|
||715,224|256|(54,919)|(8,303)||652,258|
|**Previous year:**|**At 1**|**Incoming**|**Resources**|**Transfers**|**At **|**31 August**|
||**September**|**resources**|**expended**|||**2023**|
||**2022**||||||
||**£**|**£**|**£**|**£**||**£**|
|Million club|1,000|10,252|(5,175)|**-**||6,077|
|Designated mission|2,033|43,680|(45,713)|**-**||**-**|
|The Discipleship centre|14,612|140|**-**|**-**||14,752|
|Fixed assets - non cash|686,564|**-**|(39,420)|33,857||681,001|
|Various|28,335|**-**|(14,941)|**-**||13,394|
||732,544|54,072|(105,249)|33,857||715,224|
##
||**At 1**|**Incoming**|**Resources**|**Transfers At **|**31 August**|
|---|---|---|---|---|---|
||**September**|**resources**|**expended**||**2024**|
||**2023**|||||
||**£**|**£**|**£**|**£**|**£**|
|General funds|79,787|955,189|(1,037,271)|8,303|6,008|
|**Previous year:**|**At 1**|**Incoming**|**Resources**|**Transfers At **|**31 August**|
||**September**|**resources**|**expended**||**2023**|
||**2022**|||||
||**£**|**£**|**£**|**£**|**£**|
|General funds|93,946|1,056,822|(1,040,298)|(30,683)|79,787|
##
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||**Unrestricted**|**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|---|
||**funds**|**funds**|**funds**||
||**general**|**designated**|||
||**2024**|**2024**|**2024**|**2024**|
||**£**|**£**|**£**|**£**|
|**At 31 August 2024:**|||||
|Tangible assets|**-**|640,504||640,504|
|Current assets/(liabilities)|6,008|33,093|220,368|259,469|
|Long term liabilities|**-**|(21,339)|**-**|(21,339)|
||6,008|652,258|220,368|878,634|
||**Unrestricted**|**Unrestricted**|**Restricted**|**Total**|
||**funds**|**funds**|**funds**||
||**general**|**designated**|||
||**2023**|**2023**|**2023**|**2023**|
||**£**|**£**|**£**|**£**|
|**At 31 August 2023:**|||||
|Tangible assets||681,001|**-**|681,001|
|Current assets/(liabilities)|79,787|60,007|283,953|423,747|
|Long term liabilities|**-**|(25,784)|**-**|(25,784)|
||79,787|715,224|283,953|1,078,964|
##
##
##
##
||**Receipts**||**Payments**||
|---|---|---|---|---|
||**2024**|**2023**|**2024**|**2023**|
||**£**|**£**|**£**|**£**|
|Donations|**-**|3,216|**-**|1,018|
|Subscriptions|**-**|1,184|**-**|**-**|
||**-**|4,400|**-**|1,018|
||**Donations made by **|**trustees**|||
||**2024**|**2023**|||
||**£**|**£**|||
|Donations|108,357|103,453|||
||108,357|103,453|||
|**Cash absorbed by operations**|||**2024**|**2023**|
||||**£**|**£**|
|Deficit for the year|||(200,330)|(93,448)|
|**Adjustments for:**|||||
|Investment income recognised in statement of|financial activities||(6,835)|(5,024)|
|(Gain)/loss on disposal of tangible fixed assets|||(692)|170|
|Depreciation and impairment of tangible fixed assets|||32,887|39,249|
|**Movements in working capital:**|||||
|Decrease/(increase) in stocks|||1,484|(5,031)|
|(lncrease)/decrease in debtors|||(4,808)|63,913|
|(Decrease) in creditors|||(1,486)|(23,008)|
|**Cash absorbed by operations**|||(179,780)|(23,179)|
##
##
##
|**27 **|**Analysis of changes in net funds**||||
|---|---|---|---|---|
|||**At 1 September**|**Cash flows**|**At 31 August**|
|||**2023**||**2024**|
|||£|£|£|
||Cash at bank and in hand|482,935|(168,104)|314,831|
||Obligations under finance leases|(29,245)|3,461|(25,784)|
|||453,690|(164,643)|289,047|