Charlty Number 276440 MERSEYSIDE CHRISTIAN FELLOWSHIP Report and Accounts for the year 31 March 2024
MERSEYSIDE CHRISTIAN FELLOWSHIP R•port Ind Ac(ounts for the year ended 31 Marth 2024 Contents Page Trust Information Trustees Report Trustee5 Responslbllltles Independent Examlnerfs Report Statement of Financial Activities Balance Sheet Notes to the Accounts 8-10
MERSEYSIDE CHRISTIAN FELLOWSHIP Trust Inforniatlon for the year end 31 March 2024 Charlty Number 276440 Trustees J.M. Blu8tt-OurK*n A. Harrison S.N. N.J. Wild Addrus 22 Rthmond Park LiverFod Independent Ex•mlner S J Sutcllffe FCCA Torevell Dent Limited 1-3 St Ann'5 Place Pellon Lane Halrfax HXI 5RB Bankers National Westminster Bank plc 138 Allerton Road verpool L18 2JN Page I
MERSEYSIDE CHRISTIAN FELLOWSHIP Trustees Annual Report for the year ended 31 Marth 2024 The trustees submit their Annual Report and Atcounts for the year ended 31 March 2024. which have been prepared in accordance with the Statement of Recommended Prattke 2(XJS, and the Charltles Act 2011. Govemlnl documenl The Merseyslde Christlan Fellowshlp15 constituted by a Declaration of Trust dated 20 july 1978. Trustees J.M. BIuott-DurKan J.E. Bluett-Duntan A. Haff180n S.N. How88 N.J. Rlsk Manag•m•nt The trustees have a duty to Identlfy and miew the rfsks to whlch the charlty Is exwsed and to ensure •pprDPfiate controls are in place to provide reasonable assurance against fraud and error. The objectives of the Charity are to proclaim and further the Gospel of God by preaching and teachlng of the Chrfstlan falth throughout the United Kingdom and elsewhere. The irustees have considered the guidance produced by the Charlty Commisslon on the provis5on of public benefit in their activities for the year ended 31st March 2024. Intern•tlonal Ald The Trust contlnues to pay the salaries of all the staff at NTara Christian School U8anda. We also sent additional funds towards the buildin8 work on classrooms. Page 2
MERSEYSIDE CHRISTIAN FELLOWSHIP Trustee4 Annual Report for the year ended 31 Marth 2024 Revlew of progress and achlevements Iconllnued) South Afrka - Flrfands Blble The Trust continued to support the development of the Firlands 81ble college property in SoLrth Afrlca with donations. Major persecutlon of Chdstlans In many countries around the world is a Seriously growing issue. The charity Open Doors works to support people in the worst situations and annually prepares and publishes a world- watch list of such places. MCF has SUPPOrted relief work through personal donations. The Charfty plans to contlnue to develop its artivities in accordance wlth its oblecU¥es and aims. The Trustees have revlewed the charity's needs for reserves in line wlth the guidance issued by the Charty Commission and consider it prudent that unrestricted reserve5 should be sufficient to avoid the necessity to reallse flxed assets and cover possible rlsk scenar105. At 31 March 2024 the Trustees are confident that future Income will enable the Charity to meet its foreseeable needs on the basis of planned artivity. Flnanclal Revlew Full details of the financial tran5action5 are contained in the attached accounts. The totsl incoming resource5 for the year were £109,58712023: £118,350 l and, after dedurtlng fesources expended of £121.72712023- £ 121.2791, the net expenditure was £12.14012023.. £2.9291. The net assets of the Charlty at 31 Marth 2024 were É109.1{2023: £122.0411. The Trustees Report wa5 approved on ... and si8ned on their behalf by.. JM Bluett-Duncan Chalrman Page 3
MERSEYSIDE CHRISTIAN FELLOWSHIP ststernent of Trustees Responslbllltles for the year ended 31 Marth 2024 The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Stsndards. The law appllcable to charltles in England and Wales. the Charity Att 2011 and the pr(Nislons of the trust deed requlre5 the trustees to prepare financial ststements for each financial year whi¢h give a true and falr vlew of the state of affairs of the charity and of the incoming resources and applicatlon of resource5. includlng the Income and expenditure. of the charity for that period. In preparlng those flnancial statements, the trustees are required to Select sultable accoLbnting pollcies and then apply them conslstentlv: observe the methods and principles in the Charity SORP; make jud8ements and estimates that are reasonable and prudent.. prepare the financial statements on the going concern basis unless It 15 inappropriate to presume that the charity will continue in business. The tntstees are responsible fly keeping proper accounting records which diK505e with reasonable accuracy at any tlme the flnanclal position of the charity and to enable them to ensure that the flnanclal staternents comply wlth the Charitie5 Art 2011 and the provlsions of the trust deed. They are also responsible for safeguarding the assets of the charity and hente for tsking reasonable steps for the prevention and detertion of fraud and other irregularities. Page 4
MERSEYSIDE CHRISTIAN FELLOWSHIP Ind¢Thdent Examlnerfs Report to the Trustw of metsede Chrlstlan Fellowshlp for th• year •nded 31 March 2024 I report on the accounts of the Trust for the year ended 31 March 2024. whith are set out on pages 6 to 10. Respectl¥e Responslbllltlts of Tn•stees and Examlner As the charitvs trustees you are responsible for the preparatlon of the accounts.. you consider that the audlt requirnent of Sectlon 144 of the Charttie5 Art 2011 Ithe Charities Actl does not apply. It Is my respon51blllty to State. on the ba515 Of procedures specified in the General Directions given by the Charlty Commlsslon under Sectlon 14515llbl of the Charities A¢ whether particular matters have come to ffly attention. Bas15 of Indep•ndent Examlnerfs Report My examination was carried out In attordance with the general dirertions given by the Charlty Commissioners. An examlnatSon Includes a revlew of the accountin8 records kept by the charlty and a compar150n of the accounts presented with those records. It also indudes consideratlon of any unusual Items or disclosures in the accounts. and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not pri>vide all the evidence that would be requlred in Jn audlt and, consequentlvi I do not express an audlt oplnlon on the view given by the accounts. Independent Examlnerfs St•t•m•fit In connertion with my examlnatlon. no matter has come to my attention.. 11 Whlch glve5 me reasonable cause to be belleve that. In any materlal resperts, the requlrements lal To keep accounting re¢ords in accordance with Charities SORP IFR51021 Ibl To prepare accounts which accord with the accountin8 records and to comply with the accounting requlrements of the 2011 Charities Att have not been met: or 21 to whlch, in my oplnlon, attentlon should be drawn in order to enable 3 proper understsndlng of the accounts to be reached. S J 5utdlffe FCCA Torevell Dent Umlted Chartered CertHled AccouTht•nt 1-3 St Ann's Place Pellon Lane Halffax HXI 5RB Page 5
MERSEY51DE CHRISTIAN FELLOWSHIP Statement of Flnanclal Artlvltles for th¢ y•ar •nded 31 Marth 2024 2024 Total Funds 2023 Totsl Funds Unrestrkted Funds Restrlrted Funds In¢omln8 Resources: Income & EndoWmm from: Donation & Le8acies Other income 92,CK)I 257 17,329 IC8.330 257 118.110 240 Tot•1 92,258 17.329 109,587 118,350 Rerr•S Exp•nd•d: Expendllurn on: Charltable actlvltles Other 102.423 17,864 120,287 119,929 1,350 Tot•1 103,863 17A64 121,n7 121,279 14•t IncomIn(EXPendItur•j 111,605) 15351 12,9291 Transfef between funds Total funds brought forward 128,242 16,2011 122.041 124,970 Total funds cathed fon¥*rd 116,637 6,736) 109,901 122,041 Page 6
MERSEYSIDE CTrIRISTIAN FELLOWSHIP 8alan Sheet for the ye•r •nd•d 31 Marth 2014 2024 Totsl Funds 2023 Total Funds Unrestrlrted Restrlrted Funds Funds Notes Flxad Assets Tan8ible assets 93,155 93.155 93.220 Currnnt Ass•ts Debtors Cash at bank 9,314 10,527 1,030 10,344 10.527 11.479 20,266 Totsl Current assets 19,841 1,030 20.871 31,745 Credftors: Arnounts hlllni due wlthln one year 14.125) 14,1251 12,9241 Net current assets 15,716 1,030 16,746 28,821 Total Net Assets 108A71 1,030 109,901 122,041 Funds of the Ch•rlty Unrestrlcted funds Restricted funds 116,637 16,736) 128,242 16.2011 Tat*l funds lo9,1 122,041 The flnancial statements were approved by the Trustees on the . on their behalf by:_ J.M. BIuett-DUnn Trust•• Page 7
MERSEYSIDE CHRISTIAN FEiU)WSHIP Note5 to the Accounts for the year end•d 31 M•rth 2024 Accountlni Polldes al ACntIng Conventlon The financlal statements have been prepared under the hlstorlcal cost convention, and In accordance wlth applicable Accounting Stsndards IFRS1021. and the CharitiesAct 2011. bl Incomlnl ResoufC•S All Incoming resources are Included on the Statement of Financial Activitie5 *then the charity is legally entFtled to the income and the amount can be quantified wlth reasonable accuracy. ¢) Resources Expend•d Aesources expended comprlse all expenditure direttty relating to the objects of the charity. When nece55ary, costs are allocated between dlrect tharitable expenditure. fund raising and mana8ement and administration on an equltable basls dl Flx•d Ass•ts Depreclatlon is provlded at the following annual rates in order to wrlte off each asset over Its estlmated useful Ilfe. Freehold Property Equlpment - 25% on wrltten down value No depreciatlon Is char8ed on Freehold Property as this is maintslned to a stsndard to ensure that Its value Is at least equal to the value at whlch It Is dlsclosed In the Flnanclal Statements. •) T•x•tlon The ¢harlty Is exempt from tsx on its charitsble attlvlties. Fund Accountt Unrestricted funds can be used in accordance with the char6table objectlves 31 the dlscretion of the trustees. Restricted fund5 can only be used for particular restrirted purposes Withln the objects of the charity. Restrictions arise when specified by the donor or when funds are rai%d for rtiCUlar restricted purposes. Page 8
MERSEYSIDE CHRISTIAN FELLOWSHIP Notes to the Accounts for the year ended 31 Marth 2024 Rewurces Expended 2024 Totsl Funds 2023 Totsl Funds Fund5 Funds Chrlthbl• aetMtI••: Mmisty pport ar¥J eypww Charltablo gfft8 37.113 37.176 15.786 37,113 55,040 15,786 38,559 55.136 13,473 9,967 2,708 17.864 Admll8tratkln c08t8 Events and actfvo 2.837 65 2,837 1028 17 119.929 Go¥•fn•ne• coth: Ir*J8p8rMl•nl •YAmlMt 1.350 T•Ibl• Flx•d AM•ts RkhTrwnd Park Exl•nilon Equlpm• Total At l April 2023 Addltlons 39,068 53.894 31,612 124,574 At JI Marth 2024 53094 3L612 124,574 D red tlo At l April 2023 Charge for the perlod 31.354 65 31,354 65 At 31 Marth 2024 31A19 31N19 Book V•lu• At 31 March 2024 53,894 193 93.155 At 31 M4rth 2023 39.068 53.894 258 93,220 Pa8e 9
MERSEYSIDE CHRISTIAN FELLOWSHIP Not•s to ihe Accounts for the year ended 31 M•rth 2024 Debtors and prepayments 2024 T•)t•l Funds 2023 Totsl Funds Unrestrl¢t•d Funds Funds Income tax recoverable 9.314 1.030 10,344 11.479 9314 1,030 10,344 11,479 CT•dltorn. du• Tlthln 4)n• y#r 2024 Totsl Funds 2023 Total Fund5 Unr•strl¢t•d Funds R•strf¢t•d Fun Accruals 4,125 4,125 2,924 4,125 1624 Transartlons wlth trutt•S None of the trustees recelved a salary or expenses In 2024 or 2023. Pa8e 10