## **Trustees' Annual Report for the period** Period start date Period end date **Day Month Year Day Month** Year **1[st] Jan 2023 31st Dec 2023** **From** **To** ## Section A Reference and administration details **Charity name** Community of the King of Love **Other names charity is known by** **Registered charity number (if any)**[271207 ] **Charity's principal address** Whaley Hall Reservoir Road Whaley Bridge High Peak Postcode SK23 7BL ## **Names of the charity trustees who manage the charity** **Dates acted if not for whole Name of person (or body) entitled Trustee name Office (if any) year to appoint trustee (if any)** 1Rev David Hall 2Rev J R MacLeod 3Jean MacLeod 4 ## **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** ## **Names and addresses of advisers (Optional information)** **Type of adviser Name Address** ## **Name of chief executive or names of senior staff members (Optional information)** **April 2009** **TAR** 1 ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document Trust deed - (eg. trust deed, constitution) Trust How the charity is constituted - (eg. trust, association, company) Appointed by the Trustees Trustee selection methods - (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **ection C Objectives and activities** **Summary of the objects of the charity set out in its governing document** To work for the advancement of religion, religious education, the furtherance of unity between Christians. Understanding diversity and to minister to all eg: through pastoral & spiritual development. **April 2009** **TAR** 2 The Trustees have had regard to the guidance issued by the Charity Commission on public benefit. We seek to ensure that the facilities we offer are accessible and welcoming to all who come. The fundamental policy of the acceptance of all and the rejection of none continues to be the driving force of the charity's work. We ensure to offer a safe environment to vulnerable individuals supporting their every need. Encouraging those who have been hurt in their personal life journey and working with them to discover that healing and wholeness which enriches their lives. We actively promote retreats especially during Lent, Corpus Christi and **Summary of the main activities** Advent. This brings together diverse groupings of people who share and **undertaken for the public** seek understanding over the richness and diversity of human experience. **benefit in relation to these objects (include within this** The facilities are always open for any individual to use, especially the **section the statutory** Chapel, where a listening ear is always available giving people the **declaration that trustees have** opportunity to know someone cares in their time of need. The grounds are **had regard to the guidance** always open for individuals to sit in and reflect. **issued by the Charity Commission on public benefit)** It has always been the charity's policy that no one is ever excluded from using the facilities on financial grounds. ## **Additional details of objectives and activities (Optional information)** You **may choose** to include further statements, where relevant, about: - policy on grant making; - policy programme related investment; - contribution made by volunteers. **April 2009** **TAR** 3 ## Section D Achievements and performance ## **Summary of the main achievements of the charity during the year** In 2023, we had a busy year, with bell ringers from all over the country to ring the Abbey Bells. We welcomed visiting churches to try bell ringing, and in May, the bells rang out for the King's coronation. We welcomed our continuing groups, but once again, with the work of the Reservoir Dam and the continuing noise and vibration, it has been difficult for everyone involved. Some groups continue to deal with issues that divide people and try to discover how to work for a more just and equal society where they live. We have an active part to play in all the groups that come to us . We had hoped to accomplish more this year with the grounds, but unfortunately, the weather was not on our side. The conditions were not ideal for people to turn out and get wet, and unfortunately some were not able to visit us to help. We have continued our pastoral responsibilities in the area and with groups. We were also pleased to have the Suffragan Bishop of the Diocese of Zanzibar staying with us, who was willing to give us help where needed and continues to do so. ## **ection E Financial review** **Brief statement of the charity’s policy on reserves** At 31[st] December 2023 the charity had unrestricted funds amounting to £23,178 and restricted income funds amounting to £1,958. The policy on the reserves is to keep the charity in a solvent position and to use the reserves to assist with meeting the objectives of the charity in the most appropriate way as agreed by the trustees **Details of any funds materially in deficit** None **April 2009** **TAR** 4 ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** **Full name(s)** Rev David Hall **Position (eg Secretary, Chair,** Chair **etc) Date** 29th November 2024 **April 2009** **TAR** 5 Th? Cornmunlty oftho Klng of Lov• Charity No 271207 Annual accounts for the riod CC39a Perfod start date To Pethod end d8te IstJan 2023 31gt De¢ 2023 Section A Statement of financial activities De•¢rlptlonb by naturnl cat•gory Untt¥trfctsd lund8 Re•trlcted Endowm•nt Incomo fund¥ funds Total th15 year T•)tsl la•t In￿mIng ro•our¢o• Gffls aThY don8ts 420 46.030 420 3.150 35,294 13.500 7.659 Fees rec8lv8d ltsuranrz daim Rel￿ reb8te COYVJ Rats& &ant 3.918 3.918 Total incoming rnsouff $0,368 50.368 59,603 Ro#ourc88 •xpond•d {nots$ 3 & 41 Saiatlas 9N65 16.582 8,290 FOCAI and HoLK8ehrdd Co 16.582 8,290 5.806 7,881 3.001 14,822 1.357 5.392 8,938 2.16S Propety&OtherR¢Fotr8 ProFetylnaurance H*1, L￿)￿& P 7.881 3,001 1.801 2.425 140 1.129 1.136 17 60 180 1.300 7.774 EqulrAWM Htr•& ￿1￿ 2,426 140 1.129 1.136 17 80 180 1,300 7.774 66.987 Adver1￿ng Travel & Mot¢r 012 958 146 231 Bank Ch•rpJ & Inl•O¥1 k•eping OPp￿a￿ort 1.300 7.657 66,987 56.168 16.619 16,619 3.435 0th8rrecognlsedgalnrfloss•s) 16,619 16.619 3N35 Olh•r r•¢ognlvd gaing1(lo$sKI Gains 8nd10gseg on revaluation of frAed 8888ts for the thaiity's own use G8ln8 aftd108886 on inv&8tmwl ossets Net n￿veMentIn fvnds 16.619 16,619 Totsl funds brought forward 39,797 1,958 41,755 38,320 Total fvnds fonv•rd{noto 10) 24178 1.958 26.136 41.7SS Section B Balance sheet T¢btal thls year T¢Aal lastY￿r Fixed assets Tangible assets Investments (Note 6) (Note 6) Total Ilxed assots 237,933 245,707 .707 Current assets D6btorn Cash in hand (Note 71 2.433 3,841 41 Total cun?nt assets Creditor¥: amounts falling due within one year INots 8) 215,230 207,793 Net cutTent asseW(Ilabllltle8) 203, Total assats less cumt Ilabllltles Creditors: amounts falling due aft8r one yoar {Note 8) Net aa•ets Funds of the Charity Unrestricted fund• Totsl unrestricted funds Restrictsd Income fundg (Nots 10) 23,178 23,178 1,958 39.797 39,797 1,958 Total funds 8lgned by ono or iwo trustoes on bohalf of all th trustse¥ SIgna￿rn Date of appn>val Davld Hall 25th Noveml)gT 2024 Sectioii C NotQ5 to the accoLints Note 1 Basis of preparatlon 1.1 BaJl8 of accountlng These accounts have been pr•p8rnd on the basis of hl$tortc costloxcapt that investments are shown at mat*et value) in accordan￿ with.. . Acoounting and Repthng by Charities- Ststemant of Recommended Practice (SORP 20051,. and with Financial Reporting Stsndards for Smaller EnteTPri88S {FRSSE) and y￿th the Charities Acl. 1.2 Change In basis of accountlng There has beon no change to the accounting policies (v8lu8tion rules and methods of accounting) since last year. 1.3 chang￿ to pr￿lOuS accounts Changes have been made lo accounts for previou$ years 88 shown in note 5.5 Section C Notes to the accounts Icontl Note 2 Accountlng policlos INCOMING RESOURCES Raeognltlon of Incomlng rn8our¢o$ These are included in the Ststsmont of Financial Adiviiw (SOFA) when.. the charity becomes enb.ued to thg rosourc8S; the truste$s 8re virtually certain they will rethvè the resources; and the monetary value ¢an be measured wth 8uffi¢ient feliabilty. Where incoming re¥ources have related expenditure las with fufidr8ising or contract income) me Incomlng resources related expenditutE are gloss Iii the 8oFA. Grants and donalions are only indudfjd in thg SoFAwhen the chartty has uncondibonal entitlement to the rosourc8S. Incomlng r••oUr￿$ wlth rniatsd gxpondlturn Grnnts and donatlons Tax roclalms on donalk>n$ and glfts Contrnctual IncoTh and rfomianco r•lat•d grants Incoming re50urcts from tsx r8daims are included in the SOFA at the same time as the grfl to which they relate. Thls is only induded in the SOFA On￿ the related go(>ds or ¥ervfi￿ have been delivered. Gifis in kind Gifts in kind arè aeeount•d for at 8 rea8on*ble •stim8tè of their value to the tharlty or Iho amount actually reali38d. Gifts in ktnd for 8ale or di8tributi¢y) are Induded Sn the accounts 0$ git8 onty vthen sold or distributed by the charity. Gfft8 in kind for use by the th81ity are Induded in the SOFA a8 Incomlng r880urces when receivable. These are only Induded In Incomlng resourc￿ IvAth an aqulvalent amount in rewur eypendedl where tho bgnofft to the chanty is reasonably quantifiable, me88ur8b18 and material. The value placed on thoaB re3oLirtsts> 1$ tt)e e6ts"mated v$lu• to the Cha￿ty of thg semce orknlty r￿1ved. The value ol any voluntsry help received Is not induded in the awxjunts but is descfibed in tho trustees. annual rgporL Donatsd 8•rvlco8 and facllltlvd Voluntser help Investment in This is induded irs the accounts when receivable. Invostsnent galns •nd lo88￿ Th1$ Indudos any gain or1088 on the sale of investments and any gain or loss rg$ulting from revaluing *nvesfments to market value at the end of th8 year. EXPENDITURE AND LIABILITIES Liability ro¢¢gnltlon Liabilthes aro recognisad as soon as the￿ 18 810991 or construebve obllgation commrtling the challty to pay out r￿Urces. Where the charity give8 a gTantwith Condi￿On$ for Its payment bging ¥ $pacffic f•v81 of service or outputto be Provided. such gr8nts are only rocognised in the SOFA onco th8 reayenl of the grant has provided lh• $pg¢ifi8d sarvice or outyjut. Th88e ar• only recognised in the aectsunts when a commitinent has been madt 8nd th8r• ar no conditions to be met ￿latIng to the grant whith remain in the contro5 of the ¢harity. Gr•nts wlth p9rf0rn￿nc• conditions Grarrts ￿Y¥bI¥ without pgrfornwnGg Gondthons ASSETS Tan91b￿ Ilx•d as￿1$ for u*• Th￿ are c#pit4li8ad rfI7èy can be used for more than year. and Cost at le88t £300. by charlty They are valued at ¢08t or a roasonable value on ro¢¢lpL Investmen18 qUOte(J on ? recugnl¥ed st￿k exGhange valu¥d al market value al thtr y￿r end. Oth$r investment assets ar6 in¢lu¢J¢d at tntstgos, best estimats of martat value. Sto¢ks and work In proornss Th￿ are valued at the lower of ¢o¥t or market value. Section C Notes to tlie accoisnts Icoiitl Detsils of certain Item• of expend￿re 3.1 Trusty• •XPO1) Th1• year *•tyear Numbw of trustoos who wero pald •xp•n889 Na￿r0 ￿ th• •xp•n Tt)tsl amount paid 12 F￿$ for •xamlnation or audlt ofth• accounts Th1• y•ar Indapondont exam1￿￿$ or auditorJ' I￿3 for r9POrtlng on tho accounts oth￿f￿ (for exampl•: advlce, consultsncy. oceountancy 8or¥ice81 paid to the Indopondont oyamlner or auditor Section C Notes to the accounts l¢oiitl Nots4 Pald employees 1 Staff Costs This year Last Gros¥ wag06, 8•larfo8 and b8no11ts In klnd 9.465 Total staff ¢osts 4.2 Av•v•s• numb•r of fv1141m• •twl¥Al•nt •mplOy￿8 in tho y•Ar Thi¥ ytsr Numbw Last yèar Number Thg parts of th• charity In whlch th• omployw work Dlrect Charft•ble Totsl Section C Notes to thp accoiints Icoiit Nota 5 6.1 Ct)st or valuatlon Tangiblo flxed assots FM•hold land & l)ulldlng* Antiqu￿ & Art Work• Ch•pal Flxiur••, fittlngs And •qulpm•nt Motor Veblcl80 Total Balance brought lo￿ard Addition8 256.195 53.016 158,651 470.861 Balanco ¢arrfed forwar(1 266.195 63,015 158.051 470,861 &2 Accumulatsd d•preclallon and Impalrment provlslon¥ Basls Striaght Line Redudng Balance Striaghl Line 2% 25% 20% Balance brought forward Depre¢Sats"on char9e for year Addition8 Ba18n￿ carried forward 74,104 148.050 3,000 225,184 6,124 2,650 7.T14 79.228 150.700 3.000 232.928 5.3 Net book value Brought lorward Carried fotwarcl 182.091 176,987 S3.018 63,015 10.601 7,951 245,707 237,933 6.4 R8valuatlon Th• Fr••hold Land Buildlngs are ¥hown In thè a¢counts wlth a cost of £266.19512022- £258,195) and a n•t book ￿luB of £176.%712022-£182,091 } Thls compared ￿1th a profwlon•l ¥aluollon of £480.000 by M￿rn. Jordon Flshwlck In 1999. Durfng 2006, M•88r•. Jordan FishwieK ba8ed upon tholr knowl•dg• otth• propgrty. •dvlg•d that • mlThlmum valuatlon of £585.IJiKI would now b• •xpg¢t•d Section C Notes to the ac¢oLints Icontl Nots6 Investment assets 6.1 Flxed a88•ts Investm￿1* C8rying Imarketl value at beginning of year Add: additions to investments at cost Loss: disposals at Carrying value Addlldgdu¢t): net gainl{lossl on revaluation Cbiiyi41y Iiiiarketl valu* at e¢nd of year Anatysls of investments &2 Marketvalutr at year •nd Incom* from Investments for the ￿Or Invo8tsnents In 8ub•ldlary or ¢oThnqct•d und•rtaking$ and ¢ompanl88 Total SeLlioii C Notes to thc accoL*lIts Icontl Nots7 D•btor8 and prepayments Amounts falllng d wlthln on& yoar Th1¥ year Last yoar Amounts falllng duo after more than on¢ ythr Th1$ yoar La*t Analpls of dd Trndo dgbtorn Prepaymonts Tolal Not• 8 Cr•dltorn and a¢¢ruals 8.1 An*tysl$ of Gr￿lt01$ Amounts falllng du• wlthln year This yvr La¥1 year Amounts falling due after more than one yoar Thls year Last Loans and ov6rdr•ft* Trndo crgditor4 othor ¢rndltors Accruals and d¢f•rrnd Incomo 167.317 167,317 46,880 1.033 39.843 633 Total 8.2 Socurlty over ass•ts Section C Notes to the accounts Icoiitl Nots9 Tran5actlons with related partles 9.1 Remunorallon and btrn Namg of tru8ts0 or r•latgd party Legal authority (eg ordor, gov•inlng docum•ntl Amounts pald or benofft valu• Thb year Last year Nono 9.2 Loans Amount owlng Thls year Last year Narne of tn￿te? or relatsd party Logal authority Due to trnstQo8 •nd rolatod parties Due from truste88 and rolated partles Rov J R Maclood Nono £ 164,317.lJO £ 164.317.IXI Nong Nonè 9.3 Oth•r tran$actloD(s) wlth trust••s or related partles Namo of tho trusts8 Relatlonshlp to Descrfpllon of th• or relatsd party cha tran6aGuon(• None Thls year Last year None Nono Sectioii C Notes to tlie accoiiiits Not&10 10.1 Fund8 held pamianont ondowmfrntfvnds {PEI,' expendablg ¥ndowmontfun(kn {EEI' and restricted incorne fvnds, Includlng Speclal trusts, of th• chadty {R}. otherfund5 . Endornt and r6strlctod incom funds Fund Name Typ• PÉ. EE. Roroth Purporyo and re•trl¢tlons The prop•rtylund aroso from a gift fmm th¥ Ollve Trusi whlch was glven vAth th• wi#h th•t eèrtaln wotk• ghould ￿ c•rrl•d out to at th• ￿11. Prolwty Development 10.2 Mov•m•nts of major funds Fund b•lanco8 brought fonw•Td Incomlng R￿Our¢08 gxpend•d G•ln¥ and Fund ￿lanCeS ￿rrIed Tratthrn Fund name8 Property ￿e￿10pment Total Funds 21112121 1.958 1.958 1,958 1,958 10.3 Trnnsffrys between funds From Fund (Namel To Fund (Nam•l Roason Amount None IOA Anaty618 of n•t assets b•lw••n hJndÈ Unre•trlctwJ fvnd8 Endowed nds Totsl fund* 237.933 FIX￿ amet• Investments Net ¢urrent a¥¥•ts c1￿1t0￿ duo In moro than one y￿r and provl•l¢n* Totsl npt a￿ts 235.87S 212,797 212.797 **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name **members of The Community of the King of Love On accounts for the year 31[st] December 2023 Charity no 271207 ended (if any) Set out on pages 1 to 3** (remember to include the page numbers of additional sheets) **Respective** The charity's trustees are responsible for the preparation of the accounts. **responsibilities of** The charity’s trustees consider that an audit is not required for this year **trustees and examiner** under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. - **Basis of independent** My examination was carried out in accordance with general Directions given **examiner’s statement** 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** In connection with my examination, no matter has come to my attention **examiner's statement** (other than that disclosed below *) 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act - have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. - _Please delete the words in the brackets if they do not apply._ |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**|**Date:**|29th November
2024| |---|---|---| |||| ||M A Taylor|| |||| ||F.C.C.A|| 1 **March 2012** **IER** **(if any):** **Address:** Primary House, Spring Gardens, Macclesfield, Cheshire SK10 2DX ## **Section B Disclosure** Only complete if the examiner needs to highlight material problems. None 2 **March 2012** **IER** **Give here brief details of** None **any items that the examiner wishes to disclose** . 3 **March 2012** **IER**