REGISTERED COMPANY NUMBER: 01434516 (England and Wales) REGISTERED CHARITY NUMBER: 509196
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2023
for
Christian Centre (Humberside) Ltd (The)
Haines Watts, Chartered Accountants 117 - 119 Cleethorpe Road Grimsby North East Lincs DN31 3ET
Christian Centre (Humberside) Ltd (The)
Contents of the Financial Statements for the Year Ended 31 December 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 13 |
Christian Centre (Humberside) Ltd (The) (Registered number: 01434516)
Report of the Trustees
for the Year Ended 31 December 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. 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
Objectives and aims
The principal activities of the company in the year under review were those of charitable and religious activities
The objects of the company are:
"The object for which the association is formed is for the promotion of the chrisitan faith and the benefit of the inhabitants of Humberside"
Mission Statement
The ice house christian centre exists for the purpose of promotoing all aspects of the christian faith through literature, evangelism, concert, teaching and celebration.
Public Benefit
The trustees have referred to the guidance in the charity commission's guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities.
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Christian Centre (Humberside) Ltd (The) (Registered number: 01434516)
Report of the Trustees
for the Year Ended 31 December 2023
ACHIEVEMENT AND PERFORMANCE Charitable activities
The Christian Centre
2023 was primarily a year of getting on with the planned refurbishments and renovation projects across the site.
Activities -Donations and Changes
There were no open activities undertaken in The Christian Centre during the year.
Tenants
Elsewhere in the building the local community supporting companies and charities, Dial A Ride,Rexshi Ltd, First Steps Nursery, Grimsby Shoeboxes and One Way UK Ltd, all carried on their varied activities as usual. We have continued to support them all with subsidised rents.
Grimsby Shoeboxes
During 2023 8,000 shoeboxes were packed and sent to children and families. 3,000 shoeboxes went to Ukraine, Cameroon and Moldova via the Jacob’s Well Appeal, and 200 local families were supported with household items, including blankets, bedding and toiletries. This is a new project for the charity and comes from referrals via Sure Start Centres and Social Services in Grimsby.
4,936 shoeboxes were sent through Teams4U and our staff all went down to help to load the lorry.
We received a lovely letter and report, thanking us for our support, as by subsidising their rent, they have the money, space and facilities to be able to pack and store everything needed.
Grimsby Guides
Two units of the Grimsby guides association continue to store their camping equipment and other items with us at subsidized rates.
Biblelands
Our quarterly support to Biblelands has continued with donations towards Christian Books.
PA & NE Carr
We have been pleased to continue our support of their highly valued ministry in the Lincolnshire villages.
Oikas, Brigg
During 2023 we have continued to support Oikas in Brigg. Over Christmas we donated a large Christmas Tree and lights for the Chapel. They have managed to secure a five year lease on the premises and we are now helping change the storage areas into small offices that can be rented out on the site and undertaking the further upgrade and refurbishment, including the roof and new windows.
Bottesford Baptist Church
Bottesford Baptist Church has also received a full electrical refurbishment and upgrade as part of our support package this year
Trustees’ objectives for the premises
Projects are being planned
As with the refurbishment all things take time. As we work through our five year plan, we can see the differences made to the Centre and have an idea of what it will look like at the end of it.
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Christian Centre (Humberside) Ltd (The) (Registered number: 01434516)
Report of the Trustees
for the Year Ended 31 December 2023
Achievements
Ground Floor
Work on the ground floor is nearly finished now.
The new entrance way into the building has nearly been completed and a new roller shutter door has been added to the outside of the building. We are just waiting for the electrics to be finished, then this area will open up and the old area be bricked up. This will improve the security for the whole building and provide a modern, accessible area. It includes new security lighting, cameras, key fob recognition software, a new postal area, new flooring and a roller shutter door.
Lift
During the year we commissioned a full refurbishment of the lift. This included new cables and motors, new door furniture and the replacement of all the asbestos in the system. We are looking to finish the refurbishment by tackling the inside of the lift nearer to Christmas. Tenants and staff alike have noticed the transformation.
Top Floor
No changes to the Top floor at the moment. The area has primarily become storage. New UPVC Double Glazed windows have replaced the old single glazed wooden windows. A new UPVC door to the roof has been fitted.The stage has been removed.
The Roof
During 2023 a full render was completed on the roof. All the old pebble dash has been replaced with a breathable skin which should last the next 25 years and is in a very fetching sky blue. The new render will stop the top of the building deteriorating any further, and leads onto the next stage in 2024 which will be a new roof system and solar panelling.
Looking Forward
Development Plans for the Ground floor
St Andrews Hospice
The negotiations have been long and varied with St Andrews, but we are on the final stretch and are hoping to have them in the building as a new tenant in the first quarter of 2024. The refurbishment work on their area has taken most of the year, which included moving the library out and emptying all the rooms with over 20 years’ worth of accumulation. Installing new windows into the auditorium area with roller shutters over. Cleaning, repairing and repainting the whole floor and all the offices.Updating the electrics and fire alarms and boilers to bring everything up to date. The initial move will be a sorting facility to supply their 21 shops in and around Grimsby. But they are already negotiating for extra office space for management facilities and extra storage. I would expect them to start off on the ground floor and take more of the building as they grow into the site.
Development Plans for the First floor
MATT6.3 Charitable Trust
As St Andrews take over more area, it is likely that we will move out of our offices on the first floor to make way for them.
Exterior Refurbishment
The exterior of the building is in need of re-rendering, which is scheduled as part of the continued refurbishment of the property. Carparks will also be re- surfaced and re-lined. CCTV cameras will be upgraded to increase security as well as secondary internal doors to minimize heat loss. The fencing and flag poles will be repainted, this work has just begun.
FINANCIAL REVIEW
Reserves Policy
The company's reserves are currently at a level to support more than one year's costs. The trustees feel that this is adequate as the charity is well supported.
Going concern
There are no material uncertainties about the charity's ability to continue as a going concern.
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Christian Centre (Humberside) Ltd (The) (Registered number: 01434516)
Report of the Trustees
for the Year Ended 31 December 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Organisational structure and decision making process
The srategy of the company is determined by the trustees, who are also the directors. They meet on a regular basis and their discussions and decisions are minuted.
Limited by Guarantee
The company is limited by guarantee (No 1434516) and does not have share capital. Each member undertakes to contribute £1 to the assets of the company in the event of it being wound up. The number of members at 31 December 2023 was 3 (2022 - 2). The company is also a registered charity No 509196.
Related parties
The company co-operates with various other charitable organisation (e.g. local churches etc) to achieve the company's objectives as mentioned within this report. Details of transactions undertaken with related parties can be found in the notes to the accounts.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
01434516 (England and Wales)
Registered Charity number
509196
Registered office
Ice House Victor Street Grimsby DN32 7QN
Trustees
Mrs G Lee (appointed 9.1.23) Mrs C R Barnett J Dibdin
Independent Examiner
Mark Stothard FCA Haines Watts, Chartered Accountants 117 - 119 Cleethorpe Road Grimsby North East Lincs DN31 3ET
Approved by order of the board of trustees on 7 May 2024 and signed on its behalf by:
Mrs G Lee - Trustee
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Independent Examiner's Report to the Trustees of Christian Centre (Humberside) Ltd (The)
Independent examiner's report to the trustees of Christian Centre (Humberside) Ltd (The) ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 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 matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Mark Stothard FCA The Institute of Chartered Accountants in England and Wales
Haines Watts, Chartered Accountants 117 - 119 Cleethorpe Road Grimsby North East Lincs DN31 3ET
7 May 2024
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Christian Centre (Humberside) Ltd (The)
Statement of Financial Activities for the Year Ended 31 December 2023
| 31.12.23 | 31.12.22 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 319,206 | 73,960 | |
| Charitable activities | |||
| Rents receivable | 61,151 | 63,777 | |
| Investment income | 2 | 159 | 73 |
| Total | 380,516 | 137,810 | |
| EXPENDITURE ON | |||
| Charitable activities | |||
| Furtherance of the christian faith and doctrine | 17,471 | 43,224 | |
| Rents receivable | 371,741 | 114,684 | |
| Support costs | 24,856 | 32,280 | |
| Other | - | 14,197 | |
| Total | 414,068 | 204,385 | |
| NET INCOME/(EXPENDITURE) | (33,552) | (66,575) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 830,989 | 897,564 | |
| TOTAL FUNDS CARRIED FORWARD | 797,437 | 830,989 |
The notes form part of these financial statements
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Christian Centre (Humberside) Ltd (The) (Registered number: 01434516)
Balance Sheet 31 December 2023
| Notes FIXED ASSETS Tangible assets 6 CURRENT ASSETS Debtors 7 Cash at bank CREDITORS Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 9 Unrestricted funds TOTAL FUNDS |
31.12.23 Unrestricted fund £ 710,733 145,741 2,558 148,299 (61,595) 86,704 797,437 797,437 797,437 797,437 |
31.12.22 Total funds £ 740,624 130,230 3,330 133,560 (43,195) 90,365 830,989 830,989 830,989 830,989 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 479A of the Companies Act 2006 relating to subsidiary charitable companies for the year ended 31 December 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 7 May 2024 and were signed on its behalf by:
G Lee - Trustee
The notes form part of these financial statements
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Christian Centre (Humberside) Ltd (The)
Notes to the Financial Statements for the Year Ended 31 December 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling which the functional currency of the charity and rounded to the nearest pound.
The company is a public benefit entity.
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.
Donations are recognized when the charity has been notified in writing of both the amount and settlement date.
Rental income is recognized in the period to which it relates.
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.
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 - Straight line over 50 years
Fixtures and fittings - 15% reducing balance & 5% straight line
Taxation
The charity is exempt from corporation 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.
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at the transaction price.
Cash at bank
The charity holds sufficient funds in order to meet its short term cash commitments as they fall due.
Going concern
There are no material uncertainties about the charity's ability to continue as going concern.
continued...
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Christian Centre (Humberside) Ltd (The)
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
2. INVESTMENT INCOME
| 2. | INVESTMENT INCOME | ||
|---|---|---|---|
| 31.12.23 | 31.12.22 | ||
| £ | £ | ||
| Deposit account interest | 159 | 73 | |
| 3. | NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | |||
| 31.12.23 | 31.12.22 | ||
| £ | £ | ||
| Depreciation - owned assets | 29,891 | 32,873 | |
| Deficit on disposal of fixed assets | - | 14,197 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 73,960 |
| Charitable activities | |
| Rents receivable | 63,777 |
| Investment income | 73 |
| Total | 137,810 |
| EXPENDITURE ON | |
| Charitable activities | |
| Furtherance of the christian faith and doctrine | 43,224 |
| Rents receivable | 114,684 |
| Support costs | 32,280 |
| Other | 14,197 |
| Total | 204,385 |
| NET INCOME/(EXPENDITURE) | (66,575) |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 897,564 |
continued...
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Christian Centre (Humberside) Ltd (The)
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| TOTAL FUNDS CARRIED FORWARD 6. TANGIBLE FIXED ASSETS Freehold property £ COST At 1 January 2023 and 31 December 2023 1,435,531 DEPRECIATION At 1 January 2023 702,777 Charge for year 28,711 At 31 December 2023 731,488 NET BOOK VALUE At 31 December 2023 704,043 At 31 December 2022 732,754 7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors VAT Prepayments and accrued income |
Fixtures and fittings £ 87,748 79,878 1,180 81,058 6,690 7,870 31.12.23 £ 2,988 124,071 17,623 1,059 145,741 |
Unrestricted fund £ 830,989 Totals £ 1,523,279 782,655 29,891 812,546 710,733 740,624 31.12.22 £ 2,845 124,071 2,618 696 130,230 |
|
|---|---|---|---|
continued...
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Christian Centre (Humberside) Ltd (The)
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
| 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other creditors Accrued expenses 9. MOVEMENT IN FUNDS At 1.1.23 £ Unrestricted funds General fund 830,989 TOTAL FUNDS 830,989 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 380,516 TOTAL FUNDS 380,516 Comparatives for movement in funds At 1.1.22 £ Unrestricted funds General fund 897,564 TOTAL FUNDS 897,564 |
31.12.23 31.12.22 £ £ 15,257 23,268 5 41 46,333 19,886 61,595 43,195 Net movement At in funds 31.12.23 £ £ (33,552) 797,437 (33,552) 797,437 Resources Movement expended in funds £ £ (414,068) (33,552) (414,068) (33,552) Net movement At in funds 31.12.22 £ £ (66,575) 830,989 (66,575) 830,989 |
|---|---|
continued...
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Christian Centre (Humberside) Ltd (The)
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
9. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 137,810 137,810 |
Resources Movement expended in funds £ £ (204,385) (66,575) (204,385) (66,575) |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.1.22 £ 897,564 897,564 |
Net movement in funds £ (100,127) (100,127) |
At 31.12.23 £ 797,437 797,437 |
|---|---|---|---|
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 TOTAL FUNDS RELATED PARTY DISCLOSURES |
Incoming resources £ 518,326 518,326 |
Resources Movement expended in funds £ £ (618,453) (100,127) (618,453) (100,127) |
|---|---|---|
| 31.12.23 31.12.22 |
||
| £ £ |
||
| Donations received | 318,694 71,126 |
|
| Rents received | 26,575 25,900 |
|
| Administration recharges | 20,000 24,888 |
|
| Purchases | 316,089 42,493 |
|
| Balance owing from related parties | 124,071 124,071 |
10. RELATED PARTY DISCLOSURES
Related parties are companies in which one of the trustees is a director or has a controlling interest.
continued...
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Christian Centre (Humberside) Ltd (The)
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
11. ULTIMATE CONTROLLING PARTY
The charity is under the control of its trustees.
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