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2024-08-31-accounts

REGISTERED CHARITY NUMBER: 294196

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 FOR

CHURCH OF CHRIST THE KING

Keswick Accountancy Limited Chartered Certified Accountants 16 Hawkwood Maidstone Kent ME16 0JQ

1

CHURCH OF CHRIST THE KING

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

Page
Report of the Trustees 3 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11to 16
Detailed Statement of Financial Activities 17

CHURCH OF CHRIST THE KING

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024

The Trustees present their reports with the financial statements of the Charity for the year ended 31[st] August 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Advancement of the Christian Faith, Advancement of education of Christian principles and values Relief of persons in conditions of hardship or distress

Significant activities

The Church aims to provide a place where ordinary people can come for worship, pray, learn about the good news of Jesus and to develop their Christian faith. Mid-week community groups provide support, teaching and pastoral care for those living within the community. Through initiates such as “Coffee Junction”, the church aims to provide outreach to those in the community who do not regularly attend church services.

The Charity maintains a building to support this work comprising a main meeting space, kitchen, toilets and a number of meeting rooms as well as an office.

Worship, Prayer, and Teaching

The church holds a main meeting each Sunday morning. Tea and coffee are served free of charge both before and after the service.

A recording of the service is made available to stream from Monday morning each week.

During the morning meeting a cheche area is available for ages 0 – 4 and separate classes are run for Junior Church (ages 5- 11) and Youth (ages 11-17) all staffed by volunteers.

An evening bible study and worship group runs every two weeks on a Tuesday at the church building.

Mission and Evangelism

The church has members go out into the community to offer prayer and pastoral care on the street.

Running weekly Sunday and mid-week gatherings and social events

A weekly Community Café (Coffee Junction) runs on Fridays between 12.30 and 2.30pm. The café provides a warm, welcoming space for anyone from the community to attend, and offers free hot drinks and cake/snacks.

Youth Work

A Youth Group is run every other Friday for 11 – 18 year-olds attended by around 15 young people. The group is a mix of games, discussion, teaching and worship as well as outings during school holidays.

In August 2024 a group of 12 young people from the church Youth Group, along with two Youth Leaders, attended the Newday Youth Conference. Newday is one of the largest Christian events for young people that takes place in the UK each year. The event runs over 6 days at the Norfolk Showground near Norwich and attracts thousands of young people aged 12-18 from all over UK and Europe, to learn about and worship God and camp out together.

Page 3

CHURCH OF CHRIST THE KING

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024

OBJECTIVES AND ACTIVITIES (continued)

Public Benefit

The above activities have been agreed by the Trustees having regard to the public benefit guidance issued by the Charities Commission.

Grantmaking

The Charity aims to give away approximately 10% of its income to other churches and organisations within the UK and abroad for special projects consistent with the objects of the Charity.

Volunteers

Apart from one full time leader, one part time leader and one part time pastoral assistant, all activities are staffed by volunteers from the Church membership.

ACHIEVEMENT AND PERFORMANCE

Employment

Jamie and Rachel Lee along with other members of the church, work with Eastgate church, Northfleet on a number of initiatives and mid-week programmes. One such initiative is “Living Fire” whose aim is to encourage and equip churches from around the UK and beyond to explore new ways of worship and outreach.

Mission, Pastoral and Evangelism

Midweek community and support groups, run by volunteers are places where friendship, encouragement and support are provided. The following are some of the groups that have run through the year:

In July 2024 a trip to the beach was arranged, attended by over 40 people.

In September 2023 a community café “Coffee Junction” opened on Friday lunch times in the building. The café was registered with the council and following an inspection, was awarded a “5” Cleanliness rating. The café offers free tea, coffee, and cakes to anyone from the local area.

Grant Making

Grants were made to:

Page 4

CHURCH OF CHRIST THE KING

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024

ACHIEVEMENT AND PERFORMANCE (continued)

Other Activities

Repair and upkeep to the building owned by the Charity where many activities take place. In particular, in December 2025 repairs were made to the roof at the rear of the church. Providing Leaders Support and Coaching (via Pete Carter – Senior Church Leader)

A Nepalese Church hires the building on a Sunday and the Church has provided support to the leaders.

Fundraising activities

All funds are obtained from voluntary contributions from Church members and visitors

FINANCIAL REVIEW

Reserves Policy

The Charity seeks to hold reserves of £15,000 to cover essential expenditure over a three-month period (e.g. Salaries, utilities, building loan repayments etc)

Funds in deficit

No funds are materially in deficit.

Church Finances

Due to a reduction in income over a two year period from 2021 to 2023, a review of the church finances was undertaken and in consultation with the Church Leadership Team, the following adjustment in paid working hours from April 2023 were agreed:

Jamie Lee – Reduced hours from 5 days per week to 4 days per week Rachel Lee – Reduced hours from 3 days a week to 2 days per week Fiola Dixon – Retained on 1 day per week

This adjustment meant income and expenditure was in balance from April 2023. In October 2023 the Trustees agreed that the reduction in Jamie’s income from April 2023, should be repaid as funds allow. A formula for payment of the back pay was agreed with the Trustees and the Treasurer, which shared any excess income for each month between increasing the churches reserve (which had fallen below the desired level) and paying the back pay. Due to receipt of a number of gifts, it was possible to pay Jamie’s salary in full up until March 2024 with the reserve being at around £7000. However, the payment of salary continued at 4 days per week from April 2024.

With a further increase in income, and completion of the Building Loans in November 2024 and March 2025, the Trustees agree to restore Jamie’s salary to 5 days from September 2024 and the outstanding backpay (April 2024 – August 2024) was repaid in full by January 2025.

Expenditure

Payment of salaries

Expenditure has been made during the year to provide resources for weekly church meetings, Children’s Work and Youth Work Monthly donations have been made to STEPs, a charity offering courses to help people break free of unhelpful behaviour patterns.

Expenditure on loan repayments for the building and upkeep of the building where the majority of the Charity’s activities take place. All loan repayments for the building were completed in March 2025, and the Charity now has no outstanding loans.

Page 5

CHURCH OF CHRIST THE KING

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024

STRUCTURE GOVERNANCE AND MANAGEMENT

Governing Document

The Charity is controlled by the governing document, a deed of trust and constitutes an unincorporated charity. Declaration of Trust dated 1[st] December 1985

Recruitment and appointment of new Trustees

Trustees are selected and appointed by the church leaders. A Trustee will be a committed member of the church who adheres to the “Statement of Faith” contained within the 4[th] schedule of the “Declaration of Trust” and whose life and actions are consistent with the “objects and purposes” of the Charity.

Induction and training of new Trustees

New Trustees are supplied with a copy of the governing document and the Charities Commission document CC3 ‘The Essential Trustee’. An induction session with a Leader and existing Trustees is convened to go through the role and to address any questions and concerns. If a Trustee is being asked to be involved or to take responsibility in a specific area i.e. Safeguarding then additional training is arranged as appropriate, and if necessary with an outside body.

Risk management

The Trustees have a duty to identify and review risks to which the Church are exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. A part time accountant undertakes the day-to-day management of the Charity’s finances. The Chair of Trustees is in regular contact with the accountant to ensure any issues regarding the financial health of the Charity are addressed.

The Board of Trustees meet on a regular basis (minimum 3 times per year) to review the charities financial status and to make necessary adjustments to future spending plans, to ensure the Charity’s expenditure and income are correctly balanced.

The Charity maintains a building, 46 Lakedale Road, London SE18 1PS, to support this work comprising a main meeting space, kitchen, toilets and a number of meeting rooms as well as an office.

The building is fully insured. The Charity is overseen by the Church Leaders. Grant making is reviewed by the Trustees taking account of the current and expected levels of expenditure and income. All adults working with children and vulnerable adults undergo a Disclosure and Barring (DBS) check. Training in Child Protection policies are given to new volunteers and the policies are reviewed on a regular basis. First Aiders are present for all youth activities held in the church building.

Monthly Health and Safety checks are undertaken of the building and details recorded. Any issues identified are raised with the appropriate person to for action and rectification.

Fire evacuation plans are in place.

Page 6

CHURCH OF CHRIST THE KING

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024

REFERENCE AND ADMINTRATIVE DETAILS

Registered Charity Number

294196

Principle address

46 Lakedale Road Plumstead London SE18 1PS

Trustees

Mr T Endersby – Chair Mrs P Marshall (resigned 15[th] September 2024) Tracey Ofeosi Hople Thane Jo Aitkin (appointed 1[st] January 2025)

Independent examiner

Keswick Accountancy Limited Chartered Certified Accountants 16 Hawkwood Maidstone Kent ME16 0JQ

Approved by the Board of Trustees on 30[th] June 2025 and signed on its behalf by:

………………………………………. T M Endersby – Chair of Trustees

Page 7

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHURCH OF CHRIST THE KING

sssIndependent examiner's report to the trustees of Church of Christ the King

I report to the charity trustees on my examination of the accounts of Church of Christ the King (the Trust) for the year ended 31 August 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

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.

Sam Crabbe Keswick Accountancy Limited Chartered Certified Accountants K16 Hawkwood Maidstone Kent ME16 0JQ

25 June 2025

Page 3

CHURCH OF CHRIST THE KING

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
89,183
Charitable activities
General activities
8,880
Investment income
2
9,670
107,733
EXPENDITURE ON
Charitable activities
General activities
(105,780)
NET INCOME
1,953
RECONCILIATION OF FUNDS
Total fund brought forward
101,881
TOTAL FUNDS CARRIED FORWARD
103,834		 Restricted
funds
£
229
-
-
229
(229)
-
-
-		 2024
Total
funds
£
89,412
8,880
9,670
107,962
(106,009)
1,953
101,881
103,834		 2023
Total
funds
£
91,268
8,775
2,115
102,158
90,862
11,296
90,585
101,881

The notes form part of these financial statements

Page 4

CHURCH OF CHRIST THE KING

BALANCE SHEET

FOR THE YEAR ENDED 31 AUGUST 2024

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
7
108,564
CURRENT ASSETS
Debtors
8
7,584
Cash at bank and in hand
7,938
15,522
CREDITORS
Amounts falling due within one year
9
(16,285)
NET CURRENT ASSETS
(763)
TOTAL ASSETS LESS CURRENT
LIABILITIES
107,801
CREDITORS
Amounts falling due within one year
10
(3,967)
103,834
FUNDS
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
-
-
-
-
-
-
-		 2024
Total
funds
£
108,564
7,584
7,938
15,522
(16,285)
(763)
107,801
(3,967)
103,834
103,834
-
103,834		 2023
Total
funds
£
112,366
7,189
8,413
15,602
(18,801)
(3,199)
109,167
(7,286)
101,881
101,881
-
101,881

The financial statements were approved by the Board of Trustees and authorised for issue on 30 June 2025 and were signed on its behalf by:

Mr T Endersby - Chair of Trustees

Tracey Ofeosi - Trustee

The notes form part of these financial statements

Page 5

CHURCH OF CHRIST THE KING NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 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 costs 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 rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Improvements to the building - 5% Church contents - 10% Office equipment - 20% Audio and visual equipment - 8-10%

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.

Page 6

CHURCH OF CHRIST THE KING

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024

2. INVESTMENT INCOME
2. INVESTMENT INCOME
Rents received
3. OTHER INCOME
Insurance reclaim		 2024
£
9,670
2024
£
-		 2023
£
2,115
2023
£
-

4. TRUSTEES' REMUNURATION AND BENEFITS

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

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023

5. STAFF COST

The average monthly number of employees during the year was as follows

Minister
Administration		 2024
2023
1
1
2
2
3
3

No employees received emoluments in excess of £60,000.

Page 7

CHURCH OF CHRIST THE KING

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2024

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Restricted
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
90,897
371
Charitable activities
General activities
8,775
-
Investment income
2,115
-
Other income
- -
101,787
371
EXPENDITURE ON
Charitable activities
General activities
90,491
371
NET INCOME
11,296
-
RECONCILIATION OF FUNDS
Total fund brought forward
90,585
-
101,881
-
7.TANGIBLE FIXED ASSETS
Improvements
Fixtures
Freehold
to
and
property
property
fittings
£
£
£
COST
At 1 September 2023
74,000
69,647
24,211
Disposals
-
-
-
At 31 August 2024
74,000
69,647
24,211
DEPRECIATION
At 1 September 2023
-
34,827
20,665
Charge for the year
-
3,482
320
Disposals
-
-
-
At 31 August 2024
-
38,309
20,985
NET BOOK VALUE
At 31 August 2024
74,000
31,338
3,226
At 31 August 2023
74,000
34,820
3,546		 Total
funds
£
91,268
8,7752
2,115
-
102,158
90,862
11,296
90,585
101,881
Totals
£
167,858
-
167,858
55,492
3,802
-
59,294
108,564
112,366		 Total
funds
£
91,268
8,7752
2,115
-
102,158
90,862
11,296
90,585
101,881
Totals
£
167,858
-
167,858
55,492
3,802
-
59,294
108,564
112,366
167,858
55,492
3,802
-
59,294
108,564
112,366

Page 8

CHURCH OF CHRIST THE KING

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other debtors
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 11)
Taxation and social security
Other creditors
10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 11)
11. LOANS
Amounts falling due within one year on demand:
Bank loans
Amounts falling due within one and two years:
Bank loans - 1-2 years
12. MOVEMENT IN FUNDS
At
1.9.23
£
Unrestricted funds
General funds
101,881

Restricted funds
Restricted donations
-
TOTAL FUNDS
101,881		 2024
£
7,584
2024
£
13,186
1,338
1,761
16,285
2024
£
3,967
2024
£
13,186
3,967
Net
Movement
in funds
£
1,953
-
1,953		 2023
£
7,189
2023
£
13,240
1,291
4,270
18,801
2023
£
7,286
2023
£
13,240
7,286
At
31.8.24
£
103,834
-
103,834

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

Page 9

CHURCH OF CHRIST THE KING

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2024

12. MOVEMENT IN FUNDS - continued

Unrestricted funds
General funds
Restricted funds
Restricted donations
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General funds
Restricted funds
Restricted donations
TOTAL FUNDS
Unrestricted funds
General funds
TOTAL FUNDS
A current year 12 months and prior year 12 months combined position is
Unrestricted funds
General funds
TOTAL FUNDS		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
107,733
(105,780)
1,953
229
(229)
-
107,962
(106,009)
1,953
Net
At
Movement
At
1.9.22
in funds
31.8.23
£
£
£
90,585
11,296
101,881
-
-
-
90,5851
11,296
101,881
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
102,158
(90,862)
11,296
102,158
(90,862)
11,296
as follows
Net
At
Movement
At
1.9.22
in funds
31.8.24
£
£
£
90,585
13,249
103,834
ss
90,585
13,249

103,834
as

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

Page 10

CHURCH OF CHRIST THE KING

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2024

12. 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 funds

Restricted funds
Restricted donations
TOTAL FUNDS
 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
209,520
(196,271)
13,249
600
(600)
-
208,920
(195,671)
13,249

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2024.

Page 11

CHURCH OF CHRIST THE KING DETAILED STATEMENT OF FINANCIAL ACTIVITES FOR THE YEAR ENDED 31 AUGUST 2024

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Investment income
Rents received
Charitable activities
Income from charitable activities
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Sundries
Depreciation of tangible fixed assets
Grants to institutions
Support costs
Finance
Bank interest
Total resources expended
Net income		 2024
£
89,412

9,670
8,880
107,962
63,986
35,171
3,802
2,274
105,233
776
106,009
1,953		 2023
£
91,268
2,115
8,775
102,158
63,687
17,575
3,802
3,990
89,054
1,808
90,862
11,296

This page does not form part of the statutory financial statements

Page 12