Dun Fell Chrlstian Trust Reglstration number: 510095 Annual Report and Financial Statements 31 December 2023 dOdd&co
Dun Fell Christian Trust Contents Reference and AdmiThstrative Details Trustees, report Tnjstees, respon5ibilitye¥ 1ndepandentexIrrf$ report ststernent of financial activibes Balance sheet Nots$ to the finanuxl ¥tstements
Dun Fell Christian Trusl Reference and Adminlstratlve Delal Charity n•m• Dun Fell Christian Trst Charfty registr&tlon nurnbgr 51(A)95 Prln¢lpal offic• Knock Chrtstian Centro Knock APPLEBY CA16 6DL Regltstsmd office Knod( Christian Centre Knod( APPLEBY CA166DL Trust•8s P Wlldsmith, Chaiman D R Hamblér. Treasurer M Co¢yoT A W Stobart P Thorna$ Aecountsnt Dodd & Co Limlted FIFTEEN Rosehill Montgomery Woy Rosthill Estate CARLISLE CA1 2RW Page 1
Dun Fo11 Christian Trust Trustees. Report for th9 Year Ended 31 December 2023 Approved byth& Trustèss on 28 O¢tobgr2024 and signed on theirbghallby. The trustses prestrnt thèir ioport and the finan¢ial statements fr)r the year ended 31 Dernbar 2023. The trustees served duriThJ the year and up to the date of this report are set out on page 1. Structurg, governance and managom•nt Chèrity Status The Dun Fell Chnsban Trust I'the TrusVI is an unincorporated assouation and is governed by a Dedaratitsn of Trust dated 14 May 1980. It obtained charitable status in England on 17 Jun8 1980, R8¢rvilmgntand Appointment of Trustses The power of app(¥nting new trustees is vest•d in the trust88s for the tirne being. New tnjstees require a 75QA m8JOrity vote in order to be appointed, while èxisting tru5te88 need only a simple rnajonty in order to be removèd. Tru$tse$ must have affirmed agreem8nt to the Doctrinal Ba$is of the Trust. Thereafter, the aim is to have a miy gf gxpenence and skills. The tfUSteè$ who seTvgd durin9 the year and up to the date of this rèport Arè listed on p898 1. We conts'nue to ok out for new Iruslees, espeaally local ones - Christians with relevant experts'se who have the I'me and eoTNrnitrn•nt to be actively involved in the work. The Trusts9$ me¢t at least three times a year. Thay givt th$Jr b.rné vduntarily and re1ve no benefits trcm the ¢h8rity. Obje¢tive$ and actlvltles The prinapal activty ol th& Trust is 181 the advancement and pr4)agab"on of the Christign F8ith, and Ibl the e5tablishmenta5S15t8nce and $upport ol chantab organisab.ons anty activitEs for the prornobon of christian rnissionary educational and evangelistic worf(. Within these obj8Cts. the ttuslees believe the thrust ol their wortt should b& facilitating the evangelisats.on and 5Plritual groth of young people. In 5etts.ng tho obctiV4S of the charity th¢ trust$ have complied wrth the Charty Commission guidance on public benefiL A¢hlov•mnts and pgrfom14nc• Our rnaln a¢tlvft(as undort8ken to fvrther our ¢haritabl8 purposes for public tenefit ara das¢ribed in this section. The trust owns and maintsins tho Kno¢k Christian Centre l KCC'I which has a unique position at the fogt of the Pennine Fells. It is a 7Ckbgd self-catering facility. used most weekeThJs in the year, during school holiday$. and also during scn• rni(knek peri(xl$. Each year we have visrtors who liv& in Cumbrrd itsèlf. H¢)wever. most groups, the majonty of which are church based, come from the Larger tonurbations within 1W mile radius ol the Centre Tyneside, TEessid8, Greater Manchostsr and Mèrs•y$idè. In 2021 the e•ntra was significantly affected by Coviil 19, but we ha $98n an &ncL)Ltraging tuM to our normal cup&ncy during 2022 and again in 2023. We have b88n gNen some thought to future needs at the building and have spent some time considering the P058ibilities of refvrbi$hrnent or rebuilding of thè eéntre to Meet luture needs in¢luding making a plannirrfj applicafjon which has been SU$S1Ul, and we are eoThsid8ring our n8xt steps. Several years ago dacided in prinaple to convert frorn an unincorporated association into a Charqtable Incorporated Organisation. At that time only 8 newly-fomed tharity could become a CIO. but now It Is open to existin9 charities to do so. Vve have engaged Solicitors to draft a new constitution and maka th& ne$s8ry applicatK)n to the charity comrnission for ra9istration. We antiC4pate this being eon¢luded shortty. On rengwal of our insurance for the Centre in June 2017. the Insurers insisted on the inclusion of a condition about thè operalion of the ¢limbing wall that w8 would not havg begn ¥bl¢ lo fulfil. Corwuenuy, dimbing wall ram8ins out of action. Bow Bell Cottage, 8n 8ttractrve ston8-built house in Knock village, was bought in 2009 as a hom8 for the wardens. We knèw at thè timè of purchase the propety would need some improvem•nt. a5 w811 as ong0g maintenan. In autumn 2017 tt was given a new rool, and further improvements continua to bg made. The Centre continue5 to be highly garded and is in good demand a8 shown by the number of bookings, and the complimentary comments made by those who usè it. Many groups report Ih8t their visits have b8en time5 of spiritual blessing and refreshment, and this is a grgat enwuragement lo the Trustees and Wardens. More infomiation about KCC and Ihg laolitvas it offws can be found on ourwebsite WI.knOckehr Pa98 2
Dun Fell Chri$tlan Trust Tiustees, Report for the Year Ended 31 December 2023 FSnon¢lal r¢vl8w The WD of the Trust is financed partly by fee in¢ome and partty by gift income alon9 With renewal heat incentive. Total ncomÈ In thè year Under review was £118.009 of which £49,119 w85 feè income and £64,216 were gifts. Thè Trust does not engage in fundraising a¢tivilies. The total fre8 reS at tho ytor end were £165,677, unrestricted fvnd5 were £619.479 and restric funds were £125,000. Free Rgserves Pollcy The accommodation and grounds compnsing the Centre are the mèans by which the Trust achieves its obieets and am the princip81 source of the i1Ome of the Trust and the princip31 object ol its expendituro. In DeCeMr 2015 9 professional valuation assessèd th• rebuild costs of the Centre, including neeessary consents 8n<J professional f8eS, as £850,000. The Trustees, aim 15 to keep thg Cenlre av8iloble lor occupation thttsughout the year. and to maintain the fabric and improv8 the facilit$ year on year. An emergenw or rnajor pair which necessitates tempoiary dosurt of the Cenlrg will involve loss ol fee incorne without a eompen$ating reduction in overhead expenditure. Further, a major r•newal or improvement wll almost certainly reqUre funding from moni¢s other than current fo8 incorne. Ther• is no slnking fund or &x¢raordinary repair lund In place. With these considerations in mind the Trustees have res0e to koep at188St£150K in re$èrve. Planj forluture perfod8 We shall continuè our worff of prowding an(J improving the attommodalion at Knock as a means of promoting Christian faith. During the next tsvelve Months we hope trt tske decisions about rèdevelopment or refU1$hment posskn1les, subject to fundiny. Approved by Ihe Trustses on 28 October 2024 sign•d on their beh811 by". ambler Trust88 Page 3
Dun Fell Christian Trust Trustees. Responsibilities In rolatlon to tho Financlal Statements The trustees are responsiblo tor preparing tho Tru¥tees' Report and the financial stalemtrnts in 8ccordance with applicable law and Unrted Kingdom Awnunb'ng Standards. The law applicable to eharities in England and Wales r quires the trustees to prep8re finanual statements for each financial yaar which give a true and fair wew of th& s of affairs of the ¢harity and ol Ihe incoming SoUrceS and appIltic of resources of the charity for that pèriod. In prèparin9 these financid statements, the trustees arg required to.. 8elect suitable attounting policiès and thèn appty them consistenly", observe the melhc•J$ and piin¢ipk$ in the Char$ SORP., make judgements aThJ ostlmatss that art rèasonable and prudent., stats vthether appli¢able 8¢¢ountin9 stsndards have been folowed, subject to any material departures disclosed and ewained in the financial statements,. an(J prepare the financial Statements on th8 going eoncèm basis unsS It is inappropriate to presum& that the ¢harity will continue in business. The tntstees are responsib lor keeping proper accounting records that disclose with #S0ne accuracy at any ts.me Ihe financial position of the ch8rity and enable thern to ensure that thè financi815t8tements ¢ompty with the Chati¢i8s Ad 2011 as amended by the Charibes Act 2022, the Charity (Acwunts and Reports) Regulations and th8 PrO810Th5 of the twst dged. They are responsible for safeguarding the assets of the charty and h6nc• for tsking reasonab $leps for the prntIOn and detection ol fraud and other irregularitses. Pago 4
Indepèndont Examlnerfs Report to Trustee$ of Dun Fell Chrlstian Trust I rèport on the awunts ofthe charity for the year ended 31 D0mber 2023. whh arfy set oul on Pag 6 to 14. Your attèntion is to drawn to the fact that the Charty has prepared the finaneial statements in accDrdance vath Accounting and Repotling by CharilE$ prepsring their accounts in acwrdanc with the Financi81 Reporting Standard applic8ble in the UK and Rèpublic of Ireland IFRS 1021 in preference to the Accounting and Reporting by Charites". statement of Recommended Practice ISSLd On 1 April 2005 which is Teferred to In the extsnt regulab.ons but has sincé been withdrawn. We Y¢[staTrd that thi¥ has been done in or¢Jgr lor th8 account$ lo pThide a tnje and fair view in aco)rdance wrth Ihe Generally Ac£8Pted Accountiry Prath"¢£ effective for rèporting periods beginning on or after 1 January 2019. R•¥pectlve rgpon#lbllltl*s of trust4 and examlner Thè Charitls tmsteès are responsibb for tho preparaDTr of th8 accounts. The trustaes consider that an audit is not required for this year undèr Sèction 144121 of thè Charities Act 2011 as amendgd by the CharitEs Act 2022 (thè Actl and that an independent tyxammation 1$ needed. It 1$ rny rtrspon5ibilityto'. axarnine accounts undeT 3edion 145 ofthe A¢t,' follow the procedu$ fai¢J do in the General Dirediony given by the Chailty commissi und8r section 1 151 Ibl ol the Act., and stale bthethgr particular mattors havg com• to my attents'on. Ba818 of Ind•pend8nt &xxmlnerfs report My examination was carried out accordance with tho Goneral Dirgthons gfvan by the Chaiity Commission. An trxamination indudes 8 review of the acctrunting records kept by the charity 8nd a compari50n of the accounts presented with those rècoids. It also indu¢J&s consKlerabon Df any unusual items or éisdosures in the aceaunts, and seeking explanabons from you a5 trustees conmIng any such m8tt8r5. The procedure$ undertaken do not provide all the evmlence that would be rUired in an audit and consequenlty no opinion is given as to whether the a¢unt$ present a'true and fair and the report Is limited to th088 matters set oui in thè statement below. Independent •xamln•rfs slatsmgnt In Connactn vmth rny ex8minatlon, no rnattgr ha5 come to my attention". (11 lyhh gNes me rga¥9n8ble cause to bglieve that in any matèrkal rèspect the Tequirements.. to keep accounting records in ary[dance with sedton 130 of the Chwities Act 2011 as amendgd by the Charities Act 2022,. and to prepare accounts which accord with the aOUntIng rscords, cornply with th& accounting reqiiir&m8nls of the Act hgve nol been mèt, or 121 Its wh'ch, in my opinion, attention should be drawn in order to enable a prOr ynderstanding of the awunls to be reached. FIFTEEN Rosehill Montgomery Way Rosehill Estat8 CARLISLE CA12RW iiarbn BOrrjaIle Dodd & Co Limited Chartered Accountants 28 Odober2024 Pap5
Dun Fell Chrlstlan Trust Statement of Financial A1VIl$ for the Year Ended 31 Dècembèr 2023 Unr•$trl¢t•d Restrfcted Totsl Funds Total Funds Funds Funds 2023 2022 Not• In¢ome and •ndowTngnts frcm: Donatlons and legacs Inveslments Charilable a¢twit$ Total income 1,716 4,674 49,119 55,509 62,500 64,216 4,674 49,119 118,009 65,989 747 51.546 118,282 62,500 Expendlture on: Charitable actiwtps Total expendftura 63,589 63,589 63,58g 83,589 6è.983 eg,983 Net mov•rnènls In fvnd$ 18.0801 62,500 54,420 48,299 R•¢onciliation ot lunds Total ftjnds brought forward Total funds camed forward 627.559 619,479 62.500 125.000 690,059 744,479 641,760 690,059 The nots$ on po99$ 8 to 14 lorm an integral part these finanual statements. Page 6
Dun Fell Christian Trust Balance Sheet as at 31 December 2023 2023 2022 Not• Flxed as¥•ts Tangible assets 10 453,802 456.023 Currènt ass•ts Debtors Cash at bank 4rtd in hand 28.$91 26S,745 295,736 22,209 218,792 241,001 ¢Tltar$. Amounts falllng due within on• 12 15,0591 16,9651 Net cuff•rt assets 290.677 234,036 Not a$s•ts 744.479 690,059 Th• lunds of thè eharfty: Restriet•d fund¥ 125,C)J 62,S Unrestrictèd fund UTrreslricted income fuTrJs 619,479 827,559 Totsl charity funds The financial statements have been Prepared in a¢wrdance with the Financial Reporting Stsndard applicable in the UK and Republi¢ gf Ireland IFRS 1021. 744,479 690.059 Apprtsv•d by the Board on 28 Octobèr2024 and slgned on its bhair tty.. D R H8mbler Trustee The notes on pages B 10 14 fomi an intsgral part ofthese finanal ststements. Page 7
Dun Fell Chrlstlan Trust Nolgs to the Flnanclal Statements foi the Year Ended 31 Decembgr 2023 Ac¢ountlng pollcl•s Statement of ¢ctmpliance The accounts Ifinancial statements) have been prepared under the historical cost conventh.on wth Items recognised at cost or Irall5action value unless otherwise stated in thts r6l&vant notelsl to these a0Ut. The financial statements have been prepared in accordance with thè second edition of the Charities Statement of Re¢ommended Practi issued in October 2019. the Financial Reporting Staniyard applicable in the Unit£d Kingdom and Repltblic ol Ireland IFRS 1021 and the Charities Act 2Q11 as amended by the chare$ Act 2022. The accounts (financial staternenisl have been prepad to give a'true and fair, wgw and have departed from the Charities IAccounts and Reporbl Regulations 2008 only to the Èxtènt required to provide a 'true and lair Mtrw.. This departure has involved following Accounting and Reporting by Charit$ preparing their accounts in accordanc& wrth tha Frnanci81 Reporting Standard applicable in the UK and Republic ol Irèland IFRS 1021 rather than the Accounting and Reporting by Charities'.Statement of R•cornrnended Practic4 gffe¢tivo frorn 1 April 2005 which has since been withdrawn. Ba31• of praporotlon charity meets Iho dèfinrtion of a public benefit entity under FRS 102. Assets and 8b11.es are inib"¥lly recognis8(l at historical cost or transaction value unl8S8 Dtherwise ststed in relevanl aecounling polky notes. Golng ¢on¢•m These financial statements have boen pr8pared on a going concem basis. Fund 4ecountin9 policy Unrestricted income funds a general funds that are avai18ble for use at thg twstees, discretion in furtheranee of th8 objectives of th& charty. Rtrictll lunds 8r those donated for u88 in a particjjlar arga or for sp8clftc purposes, th& usg of which is rèstricted to that arè8 oi purpose. Furthèrdelails of each fijnd are di8closed in note 15. Incom• and •ndowm•nts Donation$ and legac$ including donatlons, legaaes an¢J grants that provide CO funding or are of o genatal nature is recognised where there Is entTUement, propabilty of receipt and tr* amount can be rneasUd wilh sUffict réliability. Incom& from Gtsvemment and other gr8nls, whether '¢apilal' grants or 'r6venut' grants. 1$ reglS$ when the charty has 8ntillement to the ftjnds. any perfomiance conditions attached to the grants have been met. it is prob8ble that the income will be received and th8 amount can bè mèasured reliatrAy and is not deferred. Incomiro resources from tax redaims arè includèd in thè statement of ffnan¢i81 a¢iwities at the sam• timo as tha gift lo whKh they relate. Investment income is recognised on 8 receivabl& b8SI$. Income from charitabl& ac11vit$ ineludgs InM rgcogriised as eamed las lated goods or semtss are provided) under Contract. Expendlture Liabilib¢s arg recognised as soon as there is a legal or constructive obligation committr'ng the charrty to the expenditure. All expenditure is accounted for on an acuuals basis and has been classified uThJer headings that gre9at8 811 costs rel8t8d to tha ¢atsgory. charitab expenditure cotnprises thos8 in¢urrgd by the charity in the delivery of its actsvibès sèNc8s for beneficiaries. It includes both casts that C8n be allorated dire(aiy to such activiti&s and thosè costs of an indirect nature necessary to Support them. Pag8 8
n Fell Christlan Trust Notes to the Financlal Statem9nts for the Year Ended 31 December 2023 Fixgd a$*et8 Individual fixed assets costiThJ £300 or more a inib811y reeord8d at cost. O•preciatian Depreeiat"on is provided on tangible ffixed 8s$ets so as to writ8 off th8 Cost or valuatK)n. le$$ any e$bmated residual v8lu8, over their expected useful economic lifè as follows.. Fr6ehold interest in land and buildings Not depreeiated Fixture$. fittings and equipment 1Q% r8duung balance basis Cash and Cash Equivatonts Cash and cash equivalent5 comprise ca$h on hand and call d8posits, and other short-tem) highly liquld investments that are readily convertible to a known amount ol cash and arè subject to an insigrtificant risk of ¢h8nge in valug. P•nslons The charrty operatss a defined contribution pènsion scheme. ¢ontribub"ons are ¢har9ed in the statement of financial aclivlties as they becorne payable in 8¢cordanee wrth the rules of tt)e scheme. Donatlons and l•gacies Unrnstrlctsd R•strfct•d Total Funds Total Fund> Funds Funds 2023 2012 Donatlon• and leg#¢les DonatnS Gift Aid tsx redoimed 1,716 50,000 12,500 62,500 51.716 12,500 64.216 53.489 12,500 65.989 1.718 Of thg donations and 18gaci•s incorne in 2022 £3,489 re181ed to unrestricted fvnds aThJ £62.500 relat•d to restrthd lunds. Inv•stm•nts Unr•$trlctgd R•strleted Total Funds Totsl Funds Fund8 Fund$ 2023 2022 Intereston cash deposits All olth8 investsnent irKome in 2022 related to unt&s1d funds. 4.674 4,674 747 Page 9
Dvn F•ll Chrlstian Trust Not•s to the Financlal Statements for the Year Ended 31 December 2023 . continugd Charhable actlvltles Unr•stflctsd Rosthet•d Total Funds Total Funds Funds Funds 2023 2022 Knock Christian Centr¢ Rental Income Renewable Heat Incentwe Wayleave 33.960 15.129 33,960 15,129 30 49,119 43,848 7.868 49.119 51.546 All ol the income fr charitable athvilies in 2022 rélated to unrrIcted fvnds. Total •xp•ndilvrè Kn•ck Chrlstlan Cènlre Totsl 2023 Total 2022 Support ¢osts Employment C08ts Rat&s ancl water Ligh( heat 2nd power Insurant8 Repairs aryj maintenance Telephone offi expenses Printin9. postsge and stationery Sundry expenses Waste disposal Aecountsncy fe8S Independent examinerfs fee Legal and professional fees Depreriation of fi'xtures and fftbngs 12.235 4,672 18.419 3,943 11.127 456 289 75 102 560 1.771 600 9.119 2,221 ,589 12.235 4,672 18.419 3,943 11.127 456 289 75 102 11.247 2.647 21.994 3.894 6,459 387 15 573 1,26S 1.771 600 9,119 2.221 63.589 18,181 2,468 69.983 All ol the exFenditure in 2022 rdatÈd to unrosththd funds. Govgmanc• costs 2023 2022 Accounlanry fees Independent examlnerfs foe Legal and professlonal 189S 1,771 600 9,119 11,490 1,265 600 18,181 20,046 Page 10
Dun Fell Christlan Trust Notes to the Flnancial Statements for the Year End¢d 31 Decgmbpr 2023 .. cc¥71inued Tru$tsK' romun•r•tEon and •xp•n$e• No Iru5tees received any rèmuneration or expenses during the y8aT12022.' £nill. Employ¢•¥' rwhun•ra0n Tho rnonthty av8rag• number of per80ns (including senior managementl nOy&d by th8 charity during year was as lollows.. 2023 NO. 2022 Charitake activthes The aggregate payrdl ¢osls of these person$ were a$ follows: 2023 2022 Wages and Salaries Othar pension ¢ost$ 11,635 600 12,235 10,647 600 11,247 No employee received emolurnents of mole than £60,CK)O duTirtg the year12022- No. 01. Pag¢11
Dun Foll Christlan Trust Notes to tho Financial Statements for the Year Ended 31 December 2023 , ntinUed Taxation The rogisl¢r•d ehArity 1$ èx•mpt from taxation on income and gains. 10 Tangibl• fixed as89t• Freehold Fixt4rre$, intsrest In l•N1 fittlngs and and bulldlngs equipment Total Coat As 811 January 2023 and 31 December 2023 433.814 121,479 555.293 D•proclallon As at 1 January 2023 Charye for the year As at 31 December 2023 99,270 2,221 101.491 99,270 2,221 101.491 Net book valu? As at 31 Dec6mb&r 2023 As at 31 December 2022 433.814 433.814 19,988 22,209 453.802 456,023 11 D•btoYs 2023 2022 other debtors Prepayments and accnjed income 1.620 27.371 28.991 483 21,726 22,209 12 Croditor¥: Amount# f•llng du• wlthln on• y•ar 2023 2022 Taxation and Social securrty Acctuals and deferred income 45 5,014 5,059 6,965 6.965 13 Ponslon sehem• Defin•d eotitributlon p•nslon sch•m• The charity operates a defined contribution p8n8ion ScMe. The pension eost d)8rge for the period represents contribution5 payable by the charity to the scheme and amounied to £60012022- £6001. Ther? were no outstandin9 or prepaid etsntributions atether the beginning or end of the finanrial year. Page12
Dun Fo11 Chrlstlan Trust Notes lo the Flnancial Statements for the Year End•d 31 Decgmber 2023 . lInad 14 R•lated partie¥ Controlling •ntity The charty is eontrolled by thè truste8S. Rélat party transa¢tlon$ Totsl donations frun trustees and t1r connected partl95 amounted to £50.00012022." £50,000}. 15 Analysls of funds At31 D•¢ember 2023 At 1 January 2023 Incomin9 r8sour¢es R•sour¢¢s expend•d Goneral Fund¥ Unrestiicted ineome fiJnd 627.559 SS,509 163.5891 619.479 Restr5Cted Funds Buiklirtg fund 62.500 62,500 125.000 690,059 118.009 le3,5891 744,479 Building Fund- a donatron proMd8d to the charity from a trustee towards a nèw building if planning pemission is grant•d. Pa99 13
Dun Fell Christian Trust Notes to the Financial Statements for tho Year Ended 31 Dernb•r 2023 .. ¢(n Prlor perlod At1 January 2022 In¢omlng Msour¢•s Resour¢e8 éxpènd• At31 D•cemb8r 2022 General Funds Unrestricted in¢ome lund 641.760 55,782 169,9831 627,559 Re8tricted Fund Building fijnd 62,500 118,282 62.500 69),059 641,760 169,9831 16 Nol a$$•ts by fund Unrestricted Fund$ Restrlcted Fund$ Total Funds 2023 Total Funds 2022 Tangitsle assets Current assets Creditors.. Amounts falling due vthhin one y&ar Net assets 453,802 170.736 453.802 295,736 456,023 241,001 125,000 15,0591 619.479 15.0591 744,479 16,9651 690,059 125,000 Prior poriod Unrestrf¢t•d Fund8 R•strlet•d Fund¥ Total Funds 2022 Total Funds 2021 Tangibk assets CuFTent 8$sets Cr8dittsrs.' AJr¢unts falling due within ot year Net assets 456,023 178.501 16.9651 627,559 456.023 241.CKJ1 458,491 186,839 13,5701 541,760 62,500 16.9651 690,059 62,$00 Page 14