The Churches' Trust Limited
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Company Limited by Guarantee |
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The Churches' Trust Limited
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Company Limited by Guarantee |
Financial Statements |
Page |
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Trustees' annual report (incorporating the directors' report) |
1 |
Independent examiner's report to the trustees |
6 |
Statement of financial activities (including income and expenditure account) |
8 |
Statement of financial position |
9 |
Notes to the financial statements |
11 |
The Churches' Trust Limited
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Company Limited by Guarantee |
Trustees' Annual Report (Incorporating the Directors' Report) |
Registered charity name |
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Charity registration number |
NIC105253 |
Company registration number |
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Principal office and registered |
11 Limavady Road |
office |
Waterside |
Derry/Londonderry |
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BT47 6JU |
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(Retired
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Independent examiner |
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3 Limavady Road |
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Londonderry |
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BT47 6JU |
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Trustee |
Trustee |
The Churches' Trust Limited
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Company Limited by Guarantee |
Independent Examiner's Report to the Trustees of The Churches' Trust Limited |
1. |
That accounting records were not kept in accordance with section 386 of the Companies Act 2006 |
2. |
That the accounts do not accord with those accounting records |
3. |
That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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. |
4. |
That there is further information needed for a proper understanding of the accounts to be reached. |
The Churches' Trust Limited
|
Company Limited by Guarantee |
Statement of Financial Activities |
(including income and expenditure account) |
2024 |
2023 |
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Unrestricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
Donations and legacies |
5 |
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Charitable activities |
6 |
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Investment income |
7 |
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Total income |
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--------- |
--------- |
--------- |
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Expenditure on charitable activities |
8,9 |
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--------- |
--------- |
--------- |
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Total expenditure |
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--------- |
--------- |
--------- |
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Net (expenditure)/income and net movement in funds |
(
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(
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--------- |
--------- |
--------- |
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Total funds brought forward |
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--------- |
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Total funds carried forward |
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The Churches' Trust Limited
|
Company Limited by Guarantee |
Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
£ |
Tangible fixed assets |
15 |
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Stocks |
16 |
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Debtors |
17 |
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Cash at bank and in hand |
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--------- |
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Creditors: amounts falling due within one year |
18 |
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--------- |
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Net current assets |
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--------- |
--------- |
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Total assets less current liabilities |
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--------- |
--------- |
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Net assets |
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--------- |
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Unrestricted funds |
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--------- |
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Total charity funds |
20 |
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The Churches' Trust Limited
|
Company Limited by Guarantee |
Statement of Financial Position (continued) |
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Trustee |
Trustee |
The Churches' Trust Limited
|
Company Limited by Guarantee |
Notes to the Financial Statements |
Property improvements |
- |
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Motor vehicles |
- |
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Equipment |
- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Donations |
5,076 |
5,076 |
13,795 |
13,795 |
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Donations - The Pantry Project |
1,882 |
1,882 |
7,557 |
7,557 |
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Donations - The Churches' Training Company Ltd |
45,000 |
45,000 |
– |
– |
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-------- |
-------- |
-------- |
-------- |
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-------- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Other income from charitable activities |
158,112 |
158,112 |
194,105 |
194,105 |
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Department of Foreign Affairs; Reconciliation Fund |
33,180 |
33,180 |
33,051 |
33,051 |
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Charities Aid Foundation |
– |
– |
100,562 |
100,562 |
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Care Services |
94,532 |
94,532 |
87,274 |
87,274 |
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Department for Communities |
49,990 |
49,990 |
39,118 |
39,118 |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Bank interest receivable |
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------- |
------- |
------- |
------- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Care services |
82,614 |
82,614 |
75,940 |
75,940 |
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Other charitable activities |
184,758 |
184,758 |
195,677 |
195,677 |
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The Pantry project |
4,529 |
4,529 |
11,219 |
11,219 |
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Support costs |
160,470 |
160,470 |
193,814 |
193,814 |
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Activities undertaken directly |
Support costs |
Total funds 2024 |
Total fund 2023 |
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£ |
£ |
£ |
£ |
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Care services |
82,614 |
29,883 |
112,497 |
105,198 |
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Other charitable activities |
184,758 |
86,026 |
270,784 |
295,127 |
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The Pantry project |
4,529 |
11,863 |
16,392 |
20,164 |
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Governance costs |
– |
32,698 |
32,698 |
56,161 |
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Other Charitable Activities |
Total 2024 |
Total 2023 |
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£ |
£ |
£ |
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Staff costs |
125,947 |
125,947 |
134,786 |
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Finance costs |
1,302 |
1,302 |
1,344 |
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Governance costs |
31,816 |
31,816 |
54,818 |
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Other costs |
1,827 |
1,827 |
2,866 |
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160,892 |
160,892 |
193,814 |
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2024 |
2023 |
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£ |
£ |
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Depreciation of tangible fixed assets |
5,141 |
4,483 |
------- |
------- |
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2024 |
2023 |
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£ |
£ |
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Independent examination of the financial statements |
2,160 |
2,160 |
------- |
------- |
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2024 |
2023 |
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£ |
£ |
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Wages and salaries |
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Social security costs |
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Employer contributions to pension plans |
5,182 |
7,155 |
--------- |
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2024 |
2023 |
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No. |
No. |
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Number of staff |
13 |
13 |
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---- |
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Land and buildings |
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 Apr 2023 |
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Additions |
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– |
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------- |
-------- |
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At 31 Mar 2024 |
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------- |
-------- |
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Depreciation |
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At 1 Apr 2023 |
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Charge for the year |
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– |
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--------- |
------- |
-------- |
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At 31 Mar 2024 |
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------- |
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Carrying amount |
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At 31 Mar 2024 |
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– |
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--------- |
------- |
-------- |
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At 31 Mar 2023 |
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– |
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--------- |
------- |
-------- |
--------- |
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2024 |
2023 |
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£ |
£ |
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Foodbank stock |
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---- |
---- |
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2024 |
2023 |
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£ |
£ |
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Trade debtors |
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Grants receivable |
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Other debtors |
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– |
-------- |
-------- |
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-------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Amounts owed to group undertakings |
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Accruals and deferred income |
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Social security and other taxes |
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Other creditors |
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-------- |
-------- |
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At 1 Apr 2023 |
Income |
Expenditure |
At 31 Mar 2024 |
|
£ |
£ |
£ |
£ |
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Unrestricted fund - General funds |
359,204 |
393,480 |
(432,371) |
320,313 |
--------- |
--------- |
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--------- |
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At 1 Apr 2022 |
Income |
Expenditure |
At 31 Mar 2023 |
|
£ |
£ |
£ |
£ |
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Unrestricted fund - General funds |
357,868 |
477,986 |
(476,650) |
359,204 |
--------- |
--------- |
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Unrestricted Funds |
Total Funds 2024 |
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£ |
£ |
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Tangible fixed assets |
154,891 |
154,891 |
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Current assets |
199,869 |
199,869 |
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Creditors less than 1 year |
(34,447) |
(34,447) |
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--------- |
--------- |
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Net assets |
320,313 |
320,313 |
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--------- |
--------- |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Tangible fixed assets |
152,968 |
152,968 |
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Current assets |
268,214 |
268,214 |
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Creditors less than 1 year |
(61,978) |
(61,978) |
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--------- |
--------- |
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Net assets |
359,204 |
359,204 |
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--------- |
--------- |
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