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2024-12-31-accounts

REGISTERED CHARITY NUMBER: 278809

Report of the Trustees and Financial Statements For The Year Ended 31st December 2024

for

Christ Central London

Baker Britt Chartered Accountants 63 High Street Chislehurst Kent BR7 5AF

Christ Central London

Contents of the Financial Statements For The Year Ended 31st December 2024

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Statement of Financial Position 10
Notes to the Financial Statements 11 to 18
Detailed Statement of Financial Activities 19 to 20

Christ Central London

Reference and Administrative Details For The Year Ended 31st December 2024

TRUSTEES Mr G Steele Mr C Hall Ms R Horsley Mr M Webb Ms E Trim PRINCIPAL ADDRESS Green Lane Penge London SE20 7JA REGISTERED CHARITY NUMBER 278809 INDEPENDENT EXAMINER Baker Britt Chartered Accountants 63 High Street Chislehurst Kent BR7 5AF SOLICITORS Thackray Williams T Bromley 15-17 London Road Bromley BR1 1DE BANKERS National Westminster Bank Plc 41 High Street Beckenham Kent BR3 1DA Barclays Bank Plc Barclays House 3 Beckenham Road Beckenham Kent BR3 4ES

Page 1

Christ Central London

Report of the Trustees For The Year Ended 31st December 2024

The trustees present their report with the financial statements of the charity for the year ended 31st December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Vision

The Charity is a Christian church committed to knowing Jesus, loving Jesus and living for Jesus as the body of Christ. Its vision is to bring truth and hope to our community, and beyond to the nations.

Vision statement

At Christ Central Church, our name is our calling: to keep Christ at the centre of all we are and all we do. We exist to glorify Jesus by forming a Christ-centred community, proclaiming the gospel with boldness and living lives of love, service and transformation. In our worship, our relationships, and our mission, we seek to make Christ known - in our city and to the ends of the earth - so that every heart might find its true centre in Him.

Objectives for 2024

Volunteers

The trustees would like to thank the many volunteers who make such a valuable contribution to the successful operation of the Charity.

Page 2

Christ Central London

Report of the Trustees For The Year Ended 31st December 2024

ACHIEVEMENT AND PERFORMANCE

Praise and worship activities

When the church gathers, it is to praise and thank God for who he is and what He has done in our lives, in the community and in the nation. We believe that God cares for us and the community in which we live and has set His church in place to bring about His Kingdom in a needy world.

Our worship team is made up of sensitive and accomplished musicians who seek to excel in assisting God's people to express their gratitude and praise to an awesome God. With these guiding principles for 2024 we:

Mid-week life group meetings have taken place both in person in members homes and at the church building.

Weekly prayer meetings at the church building took place alongside mid-week and on a Sunday morning pre service.

Page 3

Christ Central London

Report of the Trustees For The Year Ended 31st December 2024

ACHIEVEMENT AND PERFORMANCE Community and Life Groups Health, social and fitness Outreach

Morning Stars - based at the church building, provides a free, safe, comfortable and friendly environment for parents, grandparents and carers to bring their babies and toddlers. It is staffed by volunteer members and creates a fun-packed atmosphere of support. (There is a voluntary contributions box to cover the cost of tea, coffee, biscuits and crafts.)

Life groups

These run throughout the year and form the hub of the community life of the church; they are the central point of our group structure. All members are encouraged to take part in one of the community groups, which focus on growing together in God by studying the Bible, praying together, providing opportunities for using gifts, and providing support, encouragement and friendship.

Social Outreach

From January to April 2024 the church continued to partner with the "Warm Welcome" campaign, opening our building to those within the local community on a Monday evening. Food was provided free of charge along with the opportunity for guests to select items for free from the winter wardrobe (a collection of clothes and toiletries donated by church members). In total 50-60 guests attended the events and the same outreach event was run again in December through to the new year 2025.

The church allowed the Seasoned & Saiged charity to use our kitchen facilities to provide meals and cooking classes for the community using surplus food from supermarkets. This is provided free of charge.

The church also allows a weekly NCT group to use the welcome area to provide support to new parents in the community. The church charges a small hire fee for the use of the building.

National and Overseas Activities

A couple of church members along with a church leader were able to attend the Regions Beyond conferences based in the UK. The youth group attended the Newday event alongside the youth group from Hope Church Bromley. They also had a weekend away at Carroty Wood outward bound centre.

These trips were funded by a combination of fund raising by the youth group, payments by parents, child sponsorship by CCC members. The Church made financial contributions to ease the financial burden on the families of attendees.

Maintenance

During 2024 the church underwent continued redecoration with the many areas benefiting from monies being spent on them. Electrical work took place as well as the completion of the toilet refurbishment, a project that had been in the making since 2019.

The toilet refurbishment project was completed in early 2024 to a satisfactory standard and within budget. A 12 month rectification period will follow to allow for ongoing inspection and maintenance.

It was identified in 2023 that in the next 5-8 years the older part of the building would benefit from a new roof. An outline cost plan was obtained for the roof replacement works. The Trustees subsequently opened a high interest savings account for the roof refurbishment and ring-fenced monies to be dedicated to the project. Minor roof repair works were also undertaken to address immediate issues.

Page 4

Christ Central London

Report of the Trustees For The Year Ended 31st December 2024

ACHIEVEMENT AND PERFORMANCE

Ecumenical relationships

We are a member of the Evangelical Alliance and, as stated above, are part of a world-wide family of churches known as 'Regions Beyond' which grew out of our affiliation with our larger New Frontiers Church family. We also have a healthy working and community relationship with most of the mainline Christian churches in our neighbourhood. We continue to offer the hand of friendship to local church leaders and to join with Regions Beyond leaders in an online capacity.

FINANCIAL REVIEW

Financial position

Total receipts on unrestricted funds amounted to £281,071 and those on restricted funds amounted to £11,749 and are detailed in the financial statements. The total costs of running the church amounted to £254,611 on unrestricted funds and £7,669 on restricted funds, including staff costs of £114,641 and grants and donations made of £25,780. The net result for the year was a surplus of £22,734 on unrestricted funds, which, when added to the unrestricted funds brought forward of £1,124,240, left funds of £1,146,974 to carry forward including the revaluation reserve. The net surplus on restricted funds of £7,806 was added to the balance of funds brought forward of £40,736 leaving funds of £48,542 to carry forward.

Investment policy

The trustees continue to monitor the cash resources and manage budgets accordingly, post the toilet refurbishment plans are being made for major roof repairs.

Early in 2024 the Trustees elected to settle the outstanding balance of the bank loan originally instituted to help fund the toilet refurbishment project. The early repayment contributed to a saving from increased future interest payments, particularly with the fixed interest period due to end in September 2024.

Reserves policy

The trustees review this policy regularly and are satisfied that there are sufficient reserves available for the Charity to continue in the event of a reduction in regular income.

FUTURE PLANS

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

The charity is governed by a trust deed dated 9th October 1979 as amended by deeds dated 26th July 2000 and 8th June 2009, a Trustees resolution dated 25th October 2010 and a trust deed dated 5th February 2019.

Operating name

The charity operates under the name of Christ Central London.

Page 5

Christ Central London

Report of the Trustees For The Year Ended 31st December 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

Trustees are appointed from within the church membership and the power of appointment and removal is vested in the church elders.

Organisational Structure

We continue to be a GDPR compliant church and have a dedicated church admin platform that is used to support both paid staff and volunteers to handle personal and sensitive data in a GDPR compliant manner.

The Trustees meet as a body regularly throughout the year with the majority being in person at the church building. They have also met with the Elders at regular intervals throughout the year. The Charity's activities are run by team leaders who liaise with the Elders to discuss management issues, progress, training and developments. Finally, the Elders meet regularly to review the overall church activities.

Management

The Charity's day-to-day activities are carried out by a dedicated team of both full and part-time staff as well as volunteers who are overseen by the Elders of the church. The Charity has five Trustees. The Elders, together with the Trustees, establish policies and guidance to ensure that the Charity's aims and objectives are met.

The staff team who served in 2024 was as follows:

Chris Smith - Pastor/Teacher/Elder (part time) Ken Kitson - Finance (part time) Michelle Solley - Administrator (part time) Susanne Marsden - Communications & integration manager (part time) Max Eaton - Communications, Worship & Tech (Jan-Sept part time, Sept - Dec full time)

During 2024 Max Eaton became an Elder on a part time basis, moving to full time employment in September 2024. Chris Marston stepped down from being an Elder but remains a member of the church. Chris Smith continues to be an Elder and is employed part time, with Barry Trim remaining an Elder in a voluntary capacity.

Support has continued to be given by Hope Church Bromley and in particular Tony Hall as its senior pastor, while the Church remains an active member of the Regions Beyond global family of churches.

Membership

The church operates a membership scheme with 91 adult members as at 31.12.24, although many of the church's activities are open to the whole community. This is a reduction from the 103 members from 2023. In 2024 our Sunday morning meetings were well attended by members as well as many visitors from London and abroad, averaging approximately 125 people. The church services continue to be live streamed via YouTube with on average 100 views per week. The Elders hold regular Family Meetings to impart vision, share strategy and discuss the business matters of the church, all church members are invited to attend these meetings.

Related parties

The freehold property is held in the names of C Hall, M Webb, E Trim and G Steele.

Page 6

Christ Central London

Report of the Trustees For The Year Ended 31st December 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Risk management

The Trustees and Elders regularly review the major risks to which the Charity is exposed. Where appropriate, policies, systems and procedures have been established to mitigate risks the Charity faces. The Charity maintains full public liability insurance.

Health and Safety

Annual review of H&S processes and activities including testing of essential safety systems carried out January 2024. This included revising the information in the staff handbook available for all staff. New processes for recording and managing maintenance requests in place, and ministry leads given revised information on reporting this and accidents and near misses sent out.

Signage for fire muster points was updated.

Processes and risk assessments in place for use of the building, and for taking vulnerable groups (especially children - Youth) off site.

No major health and safety incidents were reported in 2024.

The Charity has a comprehensive Child Protection policy which is applied to all our children's and youth work, as well as a Vulnerable Adults policy which is applied to our work with vulnerable adults. The policies were updated in November 2020.

Safeguarding

A safeguarding day was held on 12th March 2022 to train and resource youth workers, children's workers and those working with vulnerable adults in all matters pertaining to staff safeguarding. Safer recruitment training was also delivered to those in positions of leadership and likely to be involved with recruitment on 1st April 2022. During 2024 all those involved in children's youth work completed online refresher training provided by Thirtyone:eight.

29/07/2025

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

................................................................ Mr C Hall - Trustee

Page 7

Independent Examiner's Report to the Trustees of Christ Central London

Independent examiner's report to the trustees of Christ Central London

I report to the charity trustees on my examination of the accounts of Christ Central London (the Trust) for the year ended 31st December 2024.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the 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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do 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.

P E Britt FCA

Baker Britt Chartered Accountants 63 High Street Chislehurst Kent BR7 5AF 30/07/2025 Date: .............................................

Page 8

Christ Central London

Statement of Financial Activities For The Year Ended 31st December 2024

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
2
Total
EXPENDITURE ON
Charitable activities
3
Activities undertaken directly
Support costs
Governance costs
Grant funding activities
Total
NET INCOME
Transfers between funds
14
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
277,442
3,629
281,071
130,445
92,773
5,613
25,780
254,611
26,460
(3,726)
22,734
1,124,240
1,146,974		 Restricted
funds
£
11,749
-
11,749
7,669
-
-
-
7,669
4,080
3,726
7,806
40,736
48,542		 2024
Total
funds
£
289,191
3,629
292,820
138,114
92,773
5,613
25,780
262,280
30,540
-
30,540
1,164,976
1,195,516		 2023
Total
funds
£
286,544
5,018
291,562
107,891
97,230
5,508
46,933
257,562
34,000
-
34,000
1,130,976
1,164,976

The notes form part of these financial statements

Page 9

Christ Central London

Statement of Financial Position 31st December 2024

Notes
FIXED ASSETS
Tangible assets
9
CURRENT ASSETS
Debtors
10
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
11
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year
12
NET ASSETS
FUNDS
14
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
810,513
48,851
294,630
343,481
(7,020)
336,461
1,146,974
-
1,146,974		 Restricted
funds
£
-
-
48,542
48,542
-
48,542
48,542
-
48,542		 2024
Total
funds
£
810,513
48,851
343,172
392,023
(7,020)
385,003
1,195,516
-
1,195,516
1,146,974
48,542
1,195,516		 2023
Total
funds
£
798,959
58,531
395,783
454,314
(24,029)
430,285
1,229,244
(64,268)
1,164,976
1,124,240
40,736
1,164,976

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 29/07/2025

............................................. Mr C Hall - Trustee

............................................. Mr G Steele - Trustee

The notes form part of these financial statements

Page 10

Christ Central London

Notes to the Financial Statements For The Year Ended 31st December 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost Plant and machinery - 25% on cost Fixtures and fittings - 25% on cost

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Page 11

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2024

2.
INVESTMENT INCOME
Deposit account interest
3.
CHARITABLE ACTIVITIES COSTS
Activities undertaken directly
Support costs
Governance costs
Grant funding activities
4.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Rates and water
Other establishment
Telephone
Postage and stationery
Advertising
Repairs and maintenance
Legal and professional fees
Other Office Costs
Publications and subscriptions
Equipment repairs
Purchases
Direct - Evangelism
Direct - Social Action Food Ba
Direct - Cell Group
Direct - Church Services Exps
Direct - Worship/Band
Direct - Conference
Direct - Youth Activities
Direct - Social Functions
Direct - Training
Direct - Media team
Depreciation
Interest payable and similar charges		 Direct
Costs (see
note 4)
£
138,114
92,773
5,613
-
236,500		 2024
£
3,629
Grant
funding of
activities
(see note
5)
£
-
-
-
25,780
25,780
2024
£
114,641
623
27,715
7,680
2,585
49
12,833
5,558
5,023
730
234
1,583
606
816
755
2,325
520
377
14,642
1,092
175
2,071
33,008
859
236,500		 2023
£
5,018
Totals
£
138,114
92,773
5,613
25,780
262,280
2023
£
88,032
4,184
22,425
6,795
1,572
-
19,092
5,508
3,194
694
1,532
891
1,884
1,130
40
1,136
249
442
9,480
2,869
-
2,479
32,751
4,250
210,629

Page 12

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2024

5. GRANTS PAYABLE

Grant funding activities
The total grants paid to institutions during the year was as follows:
Grants to institutions
The total grants paid to individuals during the year was as follows:
Grants to Individuals		 2024
£
25,780
2024
£
23,364
2024
£
2,416		 2023
£
46,933
2023
£
41,109
2023
£
5,824

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st December 2024 nor for the year ended 31st December 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st December 2024 nor for the year ended 31st December 2023.

7. STAFF COSTS

No employee received employee benefits of more than £60,000 during the year (2023: £nil).

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
Total
EXPENDITURE ON
Charitable activities
Activities undertaken directly
Support costs
Governance costs
Grant funding activities
Total		 Unrestricted
funds
£
268,870
5,018
273,888
103,789
92,804
5,508
46,933
249,034		 Restricted
funds
£
17,674
-
17,674
4,102
4,426
-
-
8,528		 Total
funds
£
286,544
5,018
291,562
107,891
97,230
5,508
46,933
257,562

Page 13

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2024

8.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
NET INCOME
24,854
9,146
Transfers between funds
(2,509)
2,509
Net movement in funds
22,345
11,655
RECONCILIATION OF FUNDS
Total funds brought forward
1,101,895
29,081
TOTAL FUNDS CARRIED FORWARD
1,124,240
40,736
9.
TANGIBLE FIXED ASSETS
Fixtures
Freehold
Plant and
and
property
machinery
fittings
£
£
£
COST
At 1st January 2024
1,157,166
78,853
18,864
Additions
40,728
3,834
-
At 31st December 2024
1,197,894
82,687
18,864
DEPRECIATION
At 1st January 2024
378,503
59,605
17,816
Charge for year
23,959
8,125
924
At 31st December 2024
402,462
67,730
18,740
NET BOOK VALUE
At 31st December 2024
795,432
14,957
124
At 31st December 2023
778,663
19,248
1,048		 Total
funds
£
34,000
-
34,000
1,130,976
1,164,976
Totals
£
1,254,883
44,562
1,299,445
455,924
33,008
488,932
810,513
798,959

During a previous period a professional valuation was carried out by a firm of chartered surveyors who valued the building at £1,020,000. The original cost of the property was £320,000 and improvements to date amount to £636,122.

The bank holds a first charge on the freehold premises in support of the borrowing facilities as detailed in the Loan note.

Page 14

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2024

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other debtors
Prepayments
11.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 13)
Taxation and social security
Other creditors
12.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 13)
13.
LOANS		 2024
£
47,518
1,333
48,851
2024
£
-
2,104
4,916
7,020
2024
£
-		 2023
£
57,220
1,311
58,531
2023
£
15,960
2,462
5,607
24,029
2023
£
64,268

During 2019, the charity took out a bank loan for £140,000 which is repayable within 10 years and is interest bearing. The charity is making equal monthly repayments of capital and interest.

Security for the loan has been granted by the Trustees on the The Kings Hall, Green Lane, London and its associated assets.

14. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Special Collections
Child Sponsorship
Youth Activities
Building refurbishment
Care Fund (incl Food Bank)
TOTAL FUNDS		 At 1/1/24
£
1,124,240
22,425
2
990
17,009
310
40,736
1,164,976		 Net
movement
in funds
£
26,460
7,060
412
(4,716)
-
1,324
4,080
30,540		 Transfers
between
funds
£
(3,726)
-
-
3,726
-
-
3,726
-		 At
31/12/24
£
1,146,974
29,485
414
-
17,009
1,634
48,542
1,195,516

Page 15

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2024

14. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Special Collections
Child Sponsorship
Youth Activities
Care Fund (incl Food Bank)
TOTAL FUNDS		 Incoming
resources
£
281,071
7,060
412
2,137
2,140
11,749
292,820		 Resources
Movement
expended
in funds
£
£
(254,611)
26,460
-
7,060
-
412
(6,853)
(4,716)
(816)
1,324
(7,669)
4,080
(262,280)
30,540

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Special Collections
Child Sponsorship
Youth Activities
Building refurbishment
Care Fund (incl Food Bank)
TOTAL FUNDS		 At 1/1/23
£
1,101,895
9,576
(2,646)
716
21,435
-
29,081
1,130,976		 Net
movement
in funds
£
24,854
12,849
139
274
(4,426)
310
9,146
34,000		 Transfers
between
funds
£
(2,509)
-
2,509
-
-
-
2,509
-		 At
31/12/23
£
1,124,240
22,425
2
990
17,009
310
40,736
1,164,976

Page 16

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2024

14. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Special Collections
Child Sponsorship
Youth Activities
Building refurbishment
Care Fund (incl Food Bank)
TOTAL FUNDS		 Incoming
resources
£
273,888
12,849
409
2,976
-
1,440
17,674
291,562		 Resources
Movement
expended
in funds
£
£
(249,034)
24,854
-
12,849
(270)
139
(2,702)
274
(4,426)
(4,426)
(1,130)
310
(8,528)
9,146
(257,562)
34,000

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Special Collections
Child Sponsorship
Youth Activities
Building refurbishment
Care Fund (incl Food Bank)
TOTAL FUNDS		 At 1/1/23
£
1,101,895
9,576
(2,646)
716
21,435
-
29,081
1,130,976		 Net
movement
in funds
£
51,314
19,909
551
(4,442)
(4,426)
1,634
13,226
64,540		 Transfers
between
funds
£
(6,235)
-
2,509
3,726
-
-
6,235
-		 At
31/12/24
£
1,146,974
29,485
414
-
17,009
1,634
48,542
1,195,516

Page 17

continued...

Christ Central London

Notes to the Financial Statements - continued For The Year Ended 31st December 2024

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Special Collections
Child Sponsorship
Youth Activities
Building refurbishment
Care Fund (incl Food Bank)
TOTAL FUNDS		 Incoming
resources
£
554,959
19,909
821
5,113
-
3,580
29,423
584,382		 Resources
Movement
expended
in funds
£
£
(503,645)
51,314
-
19,909
(270)
551
(9,555)
(4,442)
(4,426)
(4,426)
(1,946)
1,634
(16,197)
13,226
(519,842)
64,540

15. RELATED PARTY DISCLOSURES

The freehold property is held in the names of the Trustees of the charity.

Page 18

Christ Central London

Detailed Statement of Financial Activities
For The Year Ended 31st December 2024
INCOME AND ENDOWMENTS
Donations and legacies
Covenanted Giving
Youth activities
Mission
Income Tax Recovered
Investment income
Deposit account interest
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Rates and water
Other establishment
Telephone
Postage and stationery
Advertising
Repairs and maintenance
Legal and professional fees
Other Office Costs
Publications and subscriptions
Equipment repairs
Purchases
Direct - Evangelism
Direct - Social Action Food Ba
Direct - Cell Group
Direct - Church Services Exps
Direct - Worship/Band
Direct - Conference
Direct - Youth Activities
Direct - Social Functions
Direct - Training
Direct - Media team
Fixtures and fittings
Bank loan interest
Carried forward		 2024
£
233,443
6,925
413
48,410
289,191
3,629
292,820
107,217
3,156
4,268
623
27,715
7,680
2,585
49
12,833
5,558
5,023
730
234
1,583
606
816
755
2,325
520
377
14,642
1,092
175
2,071
33,008
859
236,500		 2023
£
236,562
2,853
409
46,720
286,544
5,018
291,562
80,492
1,434
6,106
4,184
22,425
6,795
1,572
-
19,092
5,508
3,194
694
1,532
891
1,884
1,130
40
1,136
249
442
9,480
2,869
-
2,479
32,751
4,250
210,629

This page does not form part of the statutory financial statements

Page 19

Christ Central London

Detailed Statement of Financial Activities For The Year Ended 31st December 2024

Detailed Statement of Financial Activities
For The Year Ended 31st December 2024
Charitable activities
Brought forward
Grants to institutions
Grants to individuals
Total resources expended
Net income		 2024
£
236,500
23,364
2,416
262,280
262,280
30,540		 2023
£
210,629
41,109
5,824
257,562
257,562
34,000

This page does not form part of the statutory financial statements

Page 20