Charity Number 511967 Powerhouse Christ Church Report and Accounts for the year ended 31 December 2024
Powerhouse Christ Church Report and Accounts for the year ended 31 December 2024 Page Charity Information Trustees Report Statement of Trustees ResponsibllStles Independent Examiner's Report Statement of Flnanclal Actlvltles Balance Sheet Notes to the Accounts 8-10 Detslled Statements of Flnanclal Actlvltles General Fund li Christ Church Building Fund 12
Powerhouse Christ Church Charlty Information for the year ended 31 December 2024 Charity Number 511967 Governing Instrument Declaration of Trust dated 9 October 1981 Trustees J Leask D Craven R.Tucker Address Christ Church Thorne Road DONCASTER DNI 2HG Independent Examlner S J Sutcliffe F.C.C.A Torevell Dent Ltd Chartered Certified Accountants 1- 3 St Ann'5 Place Pellon Way Halifax HXI 5RB Sollcltors Taylor Bracewell 17-23 Thorne Road DONCASTER DNI 2RP Bankers Yorkshire Bank plc 19 St Sepulchre Gate DONCASTER DNI ISJ Page 1
Powerhouse Christ Church Trustees Annual Report forthe year ended 31 December 2024 The trustees submit their Annual Report and Accounts for the period ended 31 December 2024, which have been prepared in accordance with the Statement of Recommended Practice (FRS 102), (effective January 2015), and the Charities Act 2011. Structure Governance and Mana ernent Governlng document Powerhouse Chrlst Church was originally Reachout Christian Fellowship, constituted by a Declaration of Trust dated 9 October 1981 and is Registered Charity number 511967. The Charlty operates from its offices at Christ Church, Thorne Road, Doncaster, DNI 2HG. Trustees The Trustees who served during the year were: . J Leask D Craven R Tucker Risk Management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Ob'ectlves and Activities Objectlves and aims The objectives of the Charity are: . al The advancement of the Christian Faith bl To produce, purchase, sell, publish and distribute the Scriptures, Christian literature, audio and visual aids films and any other materials of a religious nature c) To establish, assist and support Charitable Organisations and activities for the promotion of Christian missionary, educational and evangelical work. Revlew of ro ress and achievements l am delighted to report and reflect on the achievements and activitie5 of 2024. It's been a momentous year, during which we have seen our Church grow and develop at every level. In March, we had three days of wonderful teaching with Jonathan Conrathe and the team from Mission 24. At the heart of the Powerhouse Vision is Empowering People to fulfil thelr destiny in Jesus. As part of this, we held an Alpha course which encouraged those who attend to discuss and explore the big issues of life and unpack the basics of the Christian faith. An outcome of both of these is, we have seen many people publicly declaring thelr faith in Jesus and being baptised. Page 2
Powerhouse Chrlst Church Aew of e55 and athlevemeiits Throughout the year we worked In partnershlp to host regular'Holy & Beloved Women's Mlnlstrf events and Secret Place, woisiiip encounters in the churcl). These h'ave pi-OV¥li to have had Fiiany adTriaiitages, -mdudlng deepeningpersonal connertfjon vJMh God; a sale 4)a to ew'en¢e 4thtual.rnewal thYoLyh inspired mus'ic OprtunitieS to express their taith and'be uphfted by shared expenem. .OurSunaayseryJw £onllnued io'a)e&roadcasl yla rJJelPowerhouse Aadlo Stat1[. In June. we hosted and broadcarta farrta5tlc p¥2rrtfDr'P.assion fr)rDDllca5tErl tiwa5.?.we50me46 thrfst Cthurth wa5 d(ed full of people from other churches unlted Ih worship and prayer. In August, we were the offlclal radlo partner for th'e Ground'LèVèl Awak'en 2024 event and"th'e team work"ed"to broadcast Ilve tlirou8hout the weekend.- 2024 has seen the lar8est Increase In the number of new members to the church in years. As a resuft, there has been a steady Increase. in u4mber •f chlklren arld young people attendtn8 every Sunday mornm& Hence. we sought addttlonal volurteers aDd carrfed out Dgs Checks for who agreed to help and wpport this importafrt wwk. TNS h•s omphé&isd vital it Is for Tri&st seek and obl¥Thlho f¥ndin needed to Implement the plans for the Chrlst Church Crypt project, As can be seen Yrom thesp accounls, theylnanteshave remalned veryp051tive Indeed. Thls has enabled the Tnilt to contlnue to support ané make thnallons to various prolects locally In Doncaster as well as
)kn In AfAca, andla •d SeAbla. We •It1lrIVe1iCO4ed whèn w£ y1¥2 vpdates on how our support proye¢ts has been 10 4Y4•keg real thflwerKe tp meet the needs of vulnerAble i ,indivthls 7nd groups. None oFthIs wo*ld lave beeft possilyFe wlthout the generous glfts al offerih85 of our members, vlsltors and others Involved In supportlng thls Important work for God, Our slncere tliaiik's 80 to all of th'em. Fvll dets.lls of the transacÈlon5 e contalned ttttk attached,Kcounts. TFhe to, resources for the year were £133,421 (2023.. £105,423) and after deducting resources expended of £136,608 (2023.. £140,557)-, the net outguiiig resources wei'e £3,18712023: £35,134) The net assets of the charity at 3 1 December 2024 were £765,17012023: £768,357). TheTrustee&Report.wa&approvEd on ... .-and.slgned on.theJr. b£half by,. -PAge 3
Powerhouse Christ Church ststement of Trustees Responsibilities for the year ended 31 December 2024 The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accountin8 Standards. The law applicable to charities in England and Wales, the Charity Act 2011 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to Select suitable accounting policies and then apply them consistentlyj observe the methods and principles in the Charity SORP; make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accurary at any time the flnancial position of the charity and to enable them to ensure that the financial statement5 comply with the Charities Act 2011 and the provisions of the trust deed. Thev are also responsible for safeguarding the assets of the charity and hence for taklng reasonable steps for the prevention and detectlon of fraud and other irregularities. Page 4
Powerhouse Christ Church Independent Examinerfs Report to the Trustees of Powerhouse thrfst Church I report on the accounts of the Trust for the year ended 31 December 2024, which are set out on page5 6 to 10. Respective Responslbllltles of Trustees and Examlner As the charlty's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of Section 145 of the Charities Act 2011 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commi55ion under Section 14515)Ibl of the Act, whether particular matters have come to my attention. Basls of Independent Examlnerfs Report My examlnation was carried out in accordance with the general directions given by the Charlty Commlssioners. An examination includes a review of the accountlng records kept by the charlty and a comparison of the account5 presented with those records. It also includes consideratlon of any unusual items or dlsclosures in the accounts, and the seeking of explanatlons from you as trustees concerning any such matter5. The procedures undertaken do not provlde all the evidence that would be required in an audSt and, consequently. I do not express an audit opinion on the view given by the accounts. Independent Examlnerfs Statement In connection with my examination, no matter has come to my attention: Which glves me reasonable cause to be believe that, In any material respects, the requirements la) To keep accounting records in accordance with S130 of the 2011 Act; and Ib) To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or 2) to which, In my oplnion, attentlon should be drawn In order to enable a proper understandlng of the accounts to be reached. Sutcliffe F.C.C.A Torevell Dent Ltd Chartered Certified Accountsnts 1- 3 St Ann'5 Place Pellon Lane Halifax HXI 5RB /g/4125 Page 5
Powerhouse Christ Church Statement of Financial Activities for the year ended 31 December 2024 Unrestricted Funds Restricted Funds Total Funds Totsi Funds 2024 2023 Note Income and endowments from: Donations and legacies Other Income Bank Interest 122,051 4,933 16 6,421 128,472 4,933 16 103,366 2,037 20 Total 127.000 6,421 133.421 105.423 Expenditure on: Charitable activities Other 113,443 876 22,289 135,732 876 139,681 876 Totsl 114,319 22,289 136,608 140,557 Net Income / (expendlture) 12,681 115,868) 13,1871 (35,134) Total funds brought forward 159,516 608,841 768,357 803,491 Total funds carried forward 172,197 592,973 765,170 768,357 The notes on pages 8-10 form part of these accounts Page 6
Powerhouse Chrlst Church fDr the year 3$ Decembff 20 89372 558A2S 64&700 66W8 ¢urrent.Ass•i* la57 95,454 82,619 68,252 Cash at Bank 61,309 34,145 Total Current Assets 84,666 34,145 IOQ8n Credltors: Amounts falllng due wlthln .34 Net Current Assets 82,325 34,14.5 116,470 98,529 TO Assetstyss furyent UaUl15 JYU97 5W73 3A179 754157 The Funds ol the Charlty Kestrlcted funds Unrestrltted.funds 6,&41. 159.516 172.197 Totllthallty Fund& 765A70 The Flnanclal Statements were approved by the Trustees on .......... . .. ............ tT. Craven - trustèe . Tucker . trv&tee
Powerhouse Christ Church Notes to the Account5 for the year ended 31 December 2024 l Accounting Policies a) Accountin8 Conventlon The Financial Statements have been prepared under the historic cost basls of accountln8, and are in accordance wlth applicable accounting standards, the Charltles SORP IFRS 1021 "Accounting and Reporting by Charities, and the Charities Act 2006. b) Income and Endowments All income and endowments are included in the statement of financial activities when the charity is legally entitled to the income arbd the amount can be quantified with reasonable accuracy. c) Expendlture All expenditure Is accounted for on an accruals basls as a IlabllSty is Incurred and Includes VAT whlch cannot be fully recovered. Costs of generating fund5 Voluntary Income comprises tlthes and freewlll offerlngs from church members and others attending church services. The Trustees consider it impracticable to attribute costs to this Income deemin8 all costs to be charitable activities. d) Flxed Assets Depreciation Is provlded to wrlte off the cost or valuatlon, less estlmated resldual values of all fixed a55ets, except freehold land, over theSr expected useful Ilves. Freehold Property Equipment Motor Vehicle Computer Equipment 2% on cost 25% on written down value 33% on written down value 25% on written down value el Taxatlon The charity is exempt from tax on its charitable activities. Fund Accountln8 Unrestricted funds can be used In accordance with the charitable objectlves at the dlscretlon of the trustee5. 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 8
Powerhouse Chrlst Church Notes to the Accounts for the year ended 31 December 2024 2 Expenditure on: Unrestricted Restricted Funds Funds Total Funds 2024 Total Funds 2023 Charltable Artivltles Teaching and ministry support Gifts and donations Premlses expenses Admlnlstratlon costs Depreciation 50,841 4,131 34,345 19,270 4.856 50,841 4,131 35,470 19,384 25,906 35,821 4,160 52,376 21,392 25,932 1,125 114 21,050 113 3 22289 135 732 139 681 Other Costs 2024 2023 Independent examiner's fee 876 876 3 Tanglble Flxed Assets Net Book Value 01.01.24 Net Book Value 31.12.24 Addltlons Sales Depreclatlon Freehold Property Equlpment Computer equipment 655,182 12,794 1,852 121,050) 14,3931 (4631 634,132 13,179 1,389 4,778 669,828 4.778 125,906) 648,700 Unrestrlrted Restrlrted Funds Funds Total Funds 2024 Total Funds 2023 4 Debtors Income tax recoverable 23,357 23,357 32,619 23.357 23.357 32,619 Page g
Powerhouse Chrlst Church Notes to the Accounts for the year ended 31 December 2024 Unrestrlrted Funds Restrlcted Funds Total Funds 2024 Total Funds 2023 Credltors: Amounts falling due within one year Accrued expenses Other creditors 900 1,441 900 1,441 900 1,442 2,341 2,341 2,342 Trustee's Remuneratlon and Beneflts None of the Trustees received fees or expenses In 2023 or 2024. Page 10
Powerhouse Christ Church Detalled Statement of Financial Activities for the year ended 31 December 2024 neral Fun 2024 2023 Income Tithes and offerings Tax recoverable on gift aid Other Income Bank Interest 106,973 15,078 4,933 16 127,000 86,152 10,805 2,037 20 99,014 Expendlture Teachlng and mlnlstry support Outreach Gifts and donations Heat, light and waste Repairs and renewals Cleaning, catering and flowers Telephone and postage Legal & professional Computer software and expenses Independent examlner's fee Sundry expenses Treasurers gift Depreciation of fixed assets 39,605 11,236 4,131 29,277 5,068 5,524 289 6,776 3,853 876 1,628 1,200 4,856 29,945 5,876 4,160 24,133 9,581 5,409 521 8,557 3,853 876 1,798 1,200 4,882 114,319 100,791 Net Income / (Expenditure) 12,681 {1,777) Page11
Powerhouse Christ Church Detailed Statement of Finan¢lal Activities for the year ended 31 December 2024 Christ Ch rch Buildin Fund 2024 2023 Income Other Income Reachout donation 6,421 6,409 6,421 Expendlture Restoration cost5 Bank Charges Depreclatlon 1,125 114 21,050 18,662 54 21,050 22,289 39,766 Net Expendhure (15,8681 (33,357) Page 12