**REGISTERED CHARITY NUMBER: 518144**
## **CROWN LANE FREE METHODIST CHURCH**
**REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2024**
Xeinadin Dalton House 9 Dalton Square LANCASTER LA1 1WD
**CROWN LANE FREE METHODIST CHURCH**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
|||**Page**||
|---|---|---|---|
|**Reference and Administrative Details**||1||
|**Report of the Trustees**|2|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Notes to the Financial Statements**|7|to|14|
**CROWN LANE FREE METHODIST CHURCH**
## **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Trustees**|Mr N J Bovenizer (resigned 21/11/2024)|
|---|---|
||Mr J A Clark|
||Mrs B Clark|
||Mr J W Rosendale|
||Rev I K Clarkson|
||Mr C Hogarth (appointed 17/4/2024)|
||Mr D Rosendale (appointed 17/4/2024)|
|**Principal address**|Godson House Farm|
||Catforth|
||PRESTON|
||PR4 0HE|
|**Registered charity number**|518144|
|**Independent examiner**|Xeinadin|
||Dalton House|
||9 Dalton Square|
||LANCASTER|
||LA1 1WD|
|**Bankers**|National Westminster Bank|
||292 Garstang Road|
||Fulwood|
||Preston|
||PR4 0HE|
Page 1
**CROWN LANE FREE METHODIST CHURCH**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
The trustees present their report with the financial statements of the charity for the year ended 31 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**
## **Objectives and aims**
The object of the Crown Lane Free Methodist Church is the furtherance of the religious and other charitable work of the Free Methodist Church of North America.
## **Significant activities**
The church was established for Christian worship, prayer, Bible teaching and the preaching of the gospel. We seek to serve the local community by providing a place of prayer and worship. Our Sunday services each week continue to underline these objectives. The support of missionary work in various parts of the world is high on our agenda. The words of Jesus underline these objectives," Go you therefore and teach all nations.
During March five students came from Capenwray College they visited schools and took assemblies, also they went round the area handing out blessing bags containing tracts and other items. We had various activities at the church and held a Keli at the village Hall which was well attended, we were sad to see them go.
During November we had a firework night, Fire pits were lighted and many folk attended. A message was given before the fireworks were lit everyone was invited to stay for soup, hot dogs and cakes.
The monthly service in the local care home continues with many of the residents attending. The ladies meetings are held almost every month with many interesting speakers. Youth work and the children's club continue on Friday nights. We pray that the numbers will increase in the coming months.
The mini bus continues to be used by the youth club for travelling to various events etc., and picking up children to attend the Christmas play and other activities.
A carol service was held in the church this year; also a service was held on Christmas day.
The local school used the premises for their annual nativity; the church was packed with parent's children and friends.
We praise the Lord for His blessings day by day one being the fact that our services are now on line and many people can see and hear the word of God in their homes.
We look forward to the future as the Lord leads us together in the days ahead.
## **Public benefit**
All our activities are offered free of charge to ensure they are accessible to all, and we regularly promote and publicise our activities in the local community.
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Achievement and performance Charitable activities**
Looking back over 2024 we are thankful to God for His continued provision of the gifts tithes and offerings for His work. We count it a privilege to have been able to support many missionary societies and individuals home and overseas, with gifts amounting to £39,644. We have continued to reach out into our local community with God's love and care.
Page 2
**CROWN LANE FREE METHODIST CHURCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
## **Financial review**
## **Investment policy and objectives**
At the present time the trustees are seeking to use the money we have received from the sale of the land to help and support other Christian organizations and individuals. Also funds are being used to maintain and improve the church building and its facilities for the community in this area. Work has now been completed on the improvements to the church building.
A house and small field was purchased in 2018 adjacent to the church with a view to be used as a manse or rented out to church personnel, it is now empty and we have now almost completed an extension at the back of the property which will be a new kitchen and Utility room. A replacement garage is being built as well as tarmacking the drive area in the New Year; new fencing has been completed around the property and a storage shed across the yard has been re-roofed with electricity being restored after strong winds cut the supply off.
The field is at the moment rented out on an annual summer grazing agreement, but could be used for car park extension and games area in the future.
## **Reserves policy**
Reserves held are usually sufficient to pay on-going expenses for at least two months. Any surplus funds are transferred to interest bearing accounts. Reserves held at the year-end are £301,187 (2023 - £457,073)
## **Structure, governance and management**
## **Governing document**
The charity was established by trust deed dated 27/03/00 (new scheme) and is registered with the Charity Commission, No 518144.
Crown Lane Free Methodist Church is one of a number of Free Methodist Churches in the United Kingdom Conference.
## **Recruitment and appointment of new trustees**
The members of the church elect the trustees on an annual basis. The annual General meeting is held in the early part of the year.
Approved by order of the board of trustees on 31 March 2025 and signed on its behalf by:
Mr J A Clark - Trustee
Page 3
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CROWN LANE FREE METHODIST CHURCH**
## **Independent examiner's report to the trustees of Crown Lane Free Methodist Church**
I report to the charity trustees on my examination of the accounts of Crown Lane Free Methodist Church (the Trust) for the year ended 31 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**
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.
T M Preece F.C.C.A
Xeinadin Dalton House 9 Dalton Square LANCASTER LA1 1WD
31 March 2025
Page 4
**CROWN LANE FREE METHODIST CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Notes**
**Income and endowments from**
Donations and legacies
2
Investment income
3
**Total**
**Expenditure on**
**Charitable activities**
4
Church activities
**NET INCOME/(EXPENDITURE)**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
67,290
17,332
84,622
125,457
(40,835)
1,660,689
1,619,854|**Restricted**
**funds**
**£**
3,177
-
3,177
3,361
(184)
1,458
1,274|**2024**
**Total**
**funds**
**£**
70,467
17,332
87,799
128,818
(41,019)
1,662,147
1,621,128|**2023**
**Total**
**funds**
**£**
56,030
13,631
69,661
141,167
(71,506)
1,733,653
1,662,147|
|---|---|---|---|---|
The notes form part of these financial statements
Page 5
**CROWN LANE FREE METHODIST CHURCH**
## **BALANCE SHEET 31 DECEMBER 2024**
|**Notes**
**Fixed assets**
Tangible assets
10
Investment property
11
**Current assets**
Debtors
12
Cash at bank
**Creditors**
Amounts falling due within one year
13
**Net current assets**
**Total assets less current liabilities**
**NET ASSETS**
**Funds**
14
Unrestricted funds
Restricted funds
**Total funds**|**Unrestricted**
**funds**
**£**
636,864
681,803
1,318,667
7,424
297,405
304,829
(3,642)
301,187
1,619,854
1,619,854|**Restricted**
**funds**
**£**
856
-
856
-
418
418
-
418
1,274
1,274|**2024**
**Total**
**funds**
**£**
637,720
681,803
1,319,523
7,424
297,823
305,247
(3,642)
301,605
1,621,128
1,621,128
1,619,854
1,274
1,621,128|**2023**
**Total**
**funds**
**£**
640,723
563,900
1,204,623
5,562
462,951
468,513
(10,989)
457,524
1,662,147
1,662,147
1,660,689
1,458
1,662,147|
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 31 March 2025 and were signed on its behalf by:
Mr J A Clark - Trustee
The notes form part of these financial statements
Page 6
**CROWN LANE FREE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 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, as modified by the revaluation of certain assets.
## **Financial reporting standard 102 - reduced disclosure exemptions**
The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **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.
Fixtures and fittings - 15% Reducing balance Motor vehicles - 25% Reducing balance Computer equipment - Straight line over 4 years
## **Investment property**
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.
## **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 7
**CROWN LANE FREE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **1. Accounting policies - continued**
## **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.
## **2. Donations and legacies**
|Committed giving
Gift aid
**Investment income**
Rents received
Deposit account interest
Other interest receivable|**2024**
**£**
61,526
8,941
70,467
**2024**
**£**
480
16,716
136
17,332|**2023**
**£**
50,356
5,674|
|---|---|---|
|||56,030|
|||**2023**
**£**
6,730
6,901
-|
|||13,631|
## **3. Investment income**
## **4. Charitable activities costs**
|**Charitable activities costs**|||||
|---|---|---|---|---|
|Church activities
**Grants payable**
Church activities|**Direct**
**Costs**
**£**
87,205|**Grant**
**funding of**
**activities**
**(see note**
**5)**
**£**
39,643|**Support**
**costs (see**
**note 6)**
**£**
1,970
**2024**
**£**
39,643|**Totals**
**£**
128,818|
|||||**2023**
**£**
68,575|
## **5. Grants payable**
Page 8
**CROWN LANE FREE METHODIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **5. Grants payable - continued** The total grants paid to institutions during the year was as follows:
|**2024**
**£**
Ministry to Asians
1,700
Street Pastors
-
Kays Farm Childrens Home
120
Faith Mission
2,950
Sportsreach
2,250
Tanzania Farm Trust
2,200
Christian Institute
2,200
Childcare Ministries
213
Slavic Gospel
6,700
Capernwray Bible School
250
Heart Church Morecambe
3,000
International Aid
-
Glasgow Church Plant
6,600
Kirkham Free Methodist Church
-
Lea Primary School
-
Platform 67
-
Josiah Venture
250
Logos Ministries
2,000
Hungry For Life
1,680
The Message Trust
250
Armenian Ministries
1,000
Yorkshire Camps
5,000
Balloon Ministries
230
38,593
**6.**
**Support costs**
**Governance**
**Finance**
**costs**
**£**
**£**
Church activities
50
1,920|**2023**
**£**
750
160
580
1,550
750
2,850
750
80
1,500
-
-
270
6,600
50,000
200
1,435
200
-
-
-
-
-
-|
|---|---|
||67,675|
||**Totals**
**£**
1,970|
Page 9
**CROWN LANE FREE METHODIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **6. Support costs - continued**
Support costs, included in the above, are as follows:
## **Governance costs**
|**Governance costs**|||
|---|---|---|
||**2024**|**2023**|
||**Church**|**Total**|
||**activities**|**activities**|
||**£**|**£**|
|Accountancy fees|1,920|1,851|
## **7. Trustees' remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
## **8. Staff costs**
|**Staff costs**|||||
|---|---|---|---|---|
|Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Charitable activities
No employees received emoluments in excess of £60,000.
**Comparatives for the statement of financial activities**
**Unrestricted**
**funds**
**£**
**Income and endowments from**
Donations and legacies
50,605
Investment income
13,631
**Total**
64,236
**Expenditure on**
**Charitable activities**
Church activities
135,606||**2024**
**£**
37,902
2,562
40,464
**2024**
1
**Restricted**
**funds**
**£**
5,425
-
5,425
5,561||**2023**
**£**
28,103
1,863
29,966
**2023**
1
**Total**
**funds**
**£**
56,030
13,631|
|||||69,661|
|||||141,167|
## **9. Comparatives for the statement of financial activities**
Page 10
**CROWN LANE FREE METHODIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
|**9.**
**Comparatives for the statement of financial activities - continued**
**Unrestricted**
**funds**
**£**
**NET INCOME/(EXPENDITURE)**
(71,370)
**Reconciliation of funds**
Total funds brought forward
1,732,059
**Total funds carried forward**
1,660,689
**10.**
**Tangible fixed assets**
**Fixtures**
**Freehold**
**and**
**Motor**
**property**
**fittings**
**vehicles**
**£**
**£**
**£**
**Cost**
At 1 January 2024
608,192
80,770
10,000
Additions
-
4,057
-
At 31 December 2024
608,192
84,827
10,000
**Depreciation**
At 1 January 2024
-
56,394
2,500
Charge for year
-
4,266
2,500
At 31 December 2024
-
60,660
5,000
**Net book value**
At 31 December 2024
608,192
24,167
5,000
At 31 December 2023
608,192
24,376
7,500
**11.**
**Investment property**
**Fair value**
At 1 January 2024
Additions
At 31 December 2024
**Net book value**
At 31 December 2024
At 31 December 2023|**Restricted**
**funds**
**£**
(136)
1,594
1,458
**Computer**
**equipment**
**£**
1,174
-
1,174
519
294
813
361
655||**Total**
**funds**
**£**
(71,506)
1,733,653
1,662,147
**Totals**
**£**
700,136
4,057
704,193
59,413
7,060
66,473
637,720
640,723
**£**
563,900
117,903
681,803
681,803
563,900|
|---|---|---|---|
|||||
|||||
The investment property was valued at market value by the Trustees at the 31 December 2021.
Page 11
**CROWN LANE FREE METHODIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
|**12.**
**Debtors: amounts falling due within one year**
Other debtors
**13.**
**Creditors: amounts falling due within one year**
Trade creditors
Social security and other taxes
Accrued expenses
**14.**
**Movement in funds**
**At 1/1/24**
**£**
**Unrestricted funds**
General fund
756,089
Unrestricted designated funds
904,600
1,660,689
**Restricted funds**
Sunday school
295
Gifts for specific purposes
1,163
1,458
**TOTAL FUNDS**
1,662,147
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
Unrestricted designated funds
**Restricted funds**
Sunday school
Gifts for specific purposes
**TOTAL FUNDS**||**Net**
**movement**
**in funds**
**£**
(33,925)
(6,910)
(40,835)
(33)
(151)
(184)
(41,019)
**Incoming**
**resources**
**£**
84,623
(1)
84,622
787
2,390
3,177
87,799||**2024**
**£**
7,424
**2024**
**£**
1,765
617
1,260
3,642
**Transfers**
**between**
**funds**
**£**
(121,960)
121,960
-
-
-
-
-
**Resources**
**expended**
**£**
(118,548)
(6,909)
(125,457)
(820)
(2,541)
(3,361)
(128,818)|**2023**
**£**
5,562
**2023**
**£**
9,143
646
1,200
10,989
**At**
**31/12/24**
**£**
600,204
1,019,650
1,619,854
262
1,012
1,274
1,621,128
**Movement**
**in funds**
**£**
(33,925)
(6,910)
(40,835)
(33)
(151)
(184)
(41,019)|
|---|---|---|---|---|---|
|||||||
|||||||
|||||||
|||||||
Page 12
**CROWN LANE FREE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **14. Movement in funds - continued**
**Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Unrestricted designated funds
**Restricted funds**
Sunday school
Gifts for specific purposes
**TOTAL FUNDS**|**At 1/1/23**
**£**
841,140
890,919
1,732,059
254
1,340
1,594
1,733,653|**Net**
**movement**
**in funds**
**£**
(64,451)
(6,919)
(71,370)
41
(177)
(136)
(71,506)|**Transfers**
**between**
**funds**
**£**
(20,600)
20,600
-
-
-
-
-|**At**
**31/12/23**
**£**
756,089
904,600|
|---|---|---|---|---|
|||||1,660,689
295
1,163|
|||||1,458|
|||||1,662,147|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Unrestricted designated funds
**Restricted funds**
Sunday school
Gifts for specific purposes
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
64,236
-
64,236
390
5,035
5,425
69,661|**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(128,687)
(64,451)
(6,919)
(6,919)
(135,606)
(71,370)
(349)
41
(5,212)
(177)
(5,561)
(136)
(141,167)
(71,506)|
|---|---|---|
Designated funds comprises fixed assets designated for the purpose of church activities.
Page 13
**CROWN LANE FREE METHODIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **15. Related party disclosures**
There were no related party transactions for the year ended 31 December 2024.
Page 14