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REGISTERED COMPANY NUMBER: 08522873 (England and Wales)
REGISTERED CHARITY NUMBER: 1153061














City Church Preston

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 December 2024

City Church Preston






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Reference and Administrative Details 1

Report of the Trustees 2 to 5

Independent Examiner's Report 6

Statement of Financial Activities 7

Balance Sheet 8 to 9

Notes to the Financial Statements 10 to 15

City Church Preston

Reference and Administrative Details
for the year ended 31 December 2024



TRUSTEES PJ Maltby
TA Evenson-Appleyard
SR Thirukumaran
A Coupe
PH Balshaw (appointed 2/1/2024)


REGISTERED OFFICE St Thomas' Centre
Lancaster Road North
Preston
Lancashire
PR1 2SQ


REGISTERED COMPANY
NUMBER
08522873 (England and Wales)


REGISTERED CHARITY
NUMBER
1153061


INDEPENDENT EXAMINER McMillan & Co LLP
Chartered Accountants
28 Eaton Avenue
Matrix Office Park
Buckshaw Village
Chorley
Lancashire
PR7 7NA

City Church Preston (Registered number: 08522873)

Report of the Trustees
for the year ended 31 December 2024


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 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
City Church Preston is a community of faith, hope and love that seeks to communicate the life changing message of Jesus to Preston and beyond. The Church seeks to serve the community and encourages its church partners and regular attendees to be involved in all positive aspects of serving our city.

The objectives of the Church are for the benefit of the public:

a)to advance the Christian faith in accordance with the Statement of Faith of Assemblies of God in such
ways and in such parts of the United Kingdom or the world as the Directors from time to time may
think fit;
b)to relieve sickness and financial hardship and to promote and preserve good health by the provision
of funds, goods or services of any kind including through the provision of counselling and support in
such parts of the United Kingdom or the world as the Directors from time to time think fit, and;
c)to advance education in such ways and in such parts of the United Kingdom and the world as the
Directors from time to time may think fit.

In accordance with its aims, the Church planned and delivered a range of activities throughout the year. These activities were planned with due regard to the Charity Commission's guidance on public benefit, and in particular, the specific guidance on charities for the advancement of religion.

Church partners and attendees have been encouraged to become active in the expression of their Christian faith through;

- teaching, encouragement and practical demonstration on how to follow the example of Jesus, in faith,
word and action.
- Collective acts of worship.

The Church also provided marriage and funeral services, with emotional and practical support provided for the family and friends of those who had passed away.

Aims and purposes
The trustees are responsible for ensuring that City Church Preston fulfils its charitable aims which are to advance the Christian faith, relieve sickness and financial hardship, and advance education.

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives.


City Church Preston (Registered number: 08522873)

Report of the Trustees
for the year ended 31 December 2024

ACHIEVEMENTS AND PERFORMANCE
Charitable activities and review of the year
City Church Preston is a vibrant faith community centred on the teaching and example of Jesus Christ. It is a community which is socially and ethnically diverse, inclusive, and connects with all ages. The Church is welcoming to all, particularly those who are interested to learn more about the Christian faith. Opportunities have been provided for those who wish to gain an understanding of the basic principles of Christianity, together with water baptismal services for those who wish to be baptised.

During 2024 the Church provided a network of practical support for people, including pastoral support for those in challenging situations, visiting those who were sick or bereaved, and support for the elderly and disabled. Practical support and guidance were made available to those who were in financial difficulty, together with prayer and support for difficult situations faced by those in the church community, their colleagues, friends, family and the wider community. Pastoral connections were maintained through one-to-one sessions to encourage and support individuals.

The food market provision has been a consistent source of encouragement, with many members of the local community not only engaging with this, but also volunteering to help run it. The trustees are grateful to Preston City Council for grant funding which underwrites the cost of the food distributed at the market and allows a good selection of fresh food to be made available in addition to tinned and packet goods.

Throughout the year the church leaders taught on how to live as beacons of hope in the world, picking up on Jesus' words about being the light of the world. The church was encouraged by Ps Agust Olafsson from Iceland, talking about how we can all be witnesses for Jesus. The community responded by continuing to share the faith with others and offering support to those in need. This provided reassurance and encouragement to many.

The Tamil-speaking service on Sunday afternoons continues to cater for those from India and Sri Lanka. This has been a great point of connection for the Asian community as the church hosted a worship event drawing contributions from churches across the area. The Tamil church is able to network people and help them settle by providing practical and pastoral support as they adjust to a new culture. A weekend away was organised to allow relationships to deepen and faith to flourish. Intentional work is undertaken to create spaces where the whole church comes together as one body, regardless of mother-tongue spoken.

A whole church away day was held at Bleasdale Parish Hall in the Trough of Bowland. Church and local community members enjoyed chatting, games, walking, food and worshipping together in a different environment. For some it was a rare opportunity to get out of Preston, with transport provided. Thanks to the generosity of the church community everything was free of charge.

Strong connections have been made with students and young adults through weekly activities for the 18-30s. A significant proportion of the students who connect with the church are from abroad. We are able to provide a warm and welcoming 'home from home' environment where friendship and peer support are fostered. This has positive effects on people's wellbeing. The sports hall is well used by this group.

Children and young people are encouraged in their faith journey through age-appropriate content / opportunities to explore questions of faith and allowed to reach their own conclusions.

The church continued to live-stream Sunday services on the church website and YouTube, helping members who were otherwise unable to attend to access the teaching and allowing prospective visitors to get a foretaste before they arrived. Church services and content were made widely available and advertised on the church website, notices in the building, and through social media, so that they were made available to as many people as possible.

During the year all policies and procedures are reviewed (and updated where appropriate). The safeguarding policy is updated annually to reflect the latest advice from AOG and Thirty One:Eight advisory service.


City Church Preston (Registered number: 08522873)

Report of the Trustees
for the year ended 31 December 2024


ACHIEVEMENTS AND PERFORMANCE
Staff and volunteers
All areas of church life are essentially staffed by volunteers who freely give their time and skills, and without whom the charity could not function. Towards the end of the year the church appointed a part-time Safeguarding Co-ordinator. The only other remunerated staff members during 2024 were the part-time Lead Pastor, and the part-time Church Caretaker.

Two leadership 'away days' were undertaken in the year with the trustees and Ministry Team coming together to pray, plan, and learn together.

Missions
As in previous years, there continues to be a strong emphasis on missions work outside the church itself - locally, around the UK and overseas. During the period the church has given £9,884 to support missions. This has included direct support to missionaries working in the UK and overseas.

Church premises
The church building, St Thomas' Centre, gives City Church Preston an operating base, a home in the community, and supports the extension and development of ministry opportunities within the community we serve. All church services and the weekly coffee morning drop-in, which allows pastoral conversations and support, and creates an accessible connection point for the local community, are held in the building. In January 2024, the main boiler was condemned. After several fundraising events, and much generous support from the church and local community, the boiler was replaced in September 2024.

Partnerships
The Church is committed to playing a full part in the Assemblies of God GB fellowship, aiming to always be a net contributor to this wider network. This includes contributing to the AOG GB Relief and Development fund, and playing an active role in the AOG Hub and Zone meetings. The Senior Pastor took on responsibility for representing AOG on the United Board for military chaplaincy and is now part of AOG's national chaplaincy team. The Church also continues to benefit from close working with other churches and organisations in Preston, the North West and elsewhere in the UK and abroad. A successful partnership with Preston City Council and FareShare continues to provide food markets each month.

The Church continues to pursue partnerships that are of benefit to attendees and the wider community, such as its partnerships with Community Solutions, Diverse Church, Fusion (linking into the students at UCLan), Mercy UK and many others.

Summary
There has been a continuation of the good work carried out by the church, with many people, both young and old, being empowered and encouraged to make better life choices. For some this has been to take further steps on their journey to faith, with a number becoming part of the church community. The church was able to provide pastoral, emotional and practical support to those in need. In all these areas the Trustees wish to record their thanks to God for his leading and provision, together with their thanks to all the volunteers who have sacrificially given of their time and finance in service to both the church community and the wider community.

FINANCIAL REVIEW
Reserves policy
The Charity has a Reserves Policy which identifies a prudent level of reserves, based on holding an amount equal to circa six months salary bill.

Additional to this is a value held in reserve for the planned and unplanned maintenance of St Thomas' Centre on Lancaster Road North, which is the operating base for the Church.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, the Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.


City Church Preston (Registered number: 08522873)

Report of the Trustees
for the year ended 31 December 2024


STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
The trustees of the charity are responsible for the leadership and management of the charity to fulfil the objectives of the charity in line with Biblical principles and legal requirements. Appointment of additional trustees is the responsibility of the existing trustees.

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.

Approved by order of the board of trustees on 5 August 2025 and signed on its behalf by:





PJ Maltby - Trustee

Independent Examiner's Report to the Trustees of
City Church Preston

Independent examiner's report to the trustees of City Church Preston ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.

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
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:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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.








Neil McMillan FCA

McMillan & Co LLP
Chartered Accountants
28 Eaton Avenue
Matrix Office Park
Buckshaw Village
Chorley
Lancashire
PR7 7NA

5 August 2025

City Church Preston

Statement of Financial Activities
for the year ended 31 December 2024

2024 2023
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 53,433 32,413 85,846 62,132

Charitable activities
Income 850 - 850 375

Investment income 3 868 - 868 234
Total 55,151 32,413 87,564 62,741

EXPENDITURE ON
Charitable activities
Church Activities 25,008 5,948 30,956 30,706
Building Expenses 17,406 62 17,468 17,187
Administration 11,390 - 11,390 10,664

Other 1,080 - 1,080 1,080
Total 54,884 6,010 60,894 59,637

NET INCOME 267 26,403 26,670 3,104


RECONCILIATION OF FUNDS
Total funds brought forward 184,632 1,947 186,579 183,475

TOTAL FUNDS CARRIED FORWARD 184,899 28,350 213,249 186,579

City Church Preston (Registered number: 08522873)

Balance Sheet
31 December 2024

2024 2023
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 8 156,471 17,308 173,779 156,782

CURRENT ASSETS
Debtors 9 2,353 10 2,363 3,878
Cash at bank 31,236 11,032 42,268 30,932
33,589 11,042 44,631 34,810

CREDITORS
Amounts falling due within one year 10 (5,161 ) - (5,161 ) (5,013 )

NET CURRENT ASSETS 28,428 11,042 39,470 29,797

TOTAL ASSETS LESS CURRENT
LIABILITIES

184,899

28,350

213,249

186,579

NET ASSETS 184,899 28,350 213,249 186,579
FUNDS 11
Unrestricted funds 184,899 184,632
Restricted funds 28,350 1,947
TOTAL FUNDS 213,249 186,579

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.


City Church Preston (Registered number: 08522873)

Balance Sheet - continued
31 December 2024

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 5 August 2025 and were signed on its behalf by:





PJ Maltby - Trustee

City Church Preston

Notes to the Financial Statements
for the year ended 31 December 2024

1. GENERAL INFORMATION

The charity is a registered charity in England and Wales and is unincorporated. The address of the principal office is St Thomas' Centre, Lancaster Road North, Preston, PR1 2SQ.

There are no material uncertanties about the charity's ability to continue.

The presentational currency of the financial statements is the Pound Sterling (£).

The amounts in the financial statements have been rounded to the nearest £1.

2. 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.

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.

Governance costs
Governance costs are those incurred in connection with compliance and constitutional and statutory requirements.

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% on reducing balance
Computer equipment - 33% on cost

Freehold property is not depreciated. No depreciation is provided on the freehold buildings as the Trustees consider that the lives of these assets are so long and residual values, based on prices prevailing at the time of acquisition, are sufficiently high that any depreciation would be immaterial.

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.


City Church Preston

Notes to the Financial Statements - continued
for the year ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Fund accounting
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.

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include debtors, prepayments and bank balances, are initially measured at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the asset is measured at the present value of the future receipts discounted at a market rate of interest. Basic financial liabilities, which include creditors, accruals, bank loans and group borrowings, are initially recognised at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the liability is measured at the present value of the future obligations discounted at a market rate of interest.

3. INVESTMENT INCOME
2024 2023
£    £   
Deposit account interest 868 234

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£    £   
Independent examination 1,080 1,080
Depreciation - owned assets 2,020 1,229

5. TRUSTEES' REMUNERATION AND BENEFITS

Mr PJ Maltby, a Trustee was paid £7,277 (2023: £6,930) for his services as Lead Pastor. The payment was approved by the Board of Trustees and is permitted by the constitution, which has been approved by the Charity Commission.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.



City Church Preston

Notes to the Financial Statements - continued
for the year ended 31 December 2024

6. STAFF COSTS
2024 2023
£    £   
Wages and salaries 12,334 10,162
Other pension costs 555 377
12,889 10,539

The average monthly number of employees during the year was as follows:

2024 2023
Staff 3 3

No employees received emoluments in excess of £60,000.

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 56,123 6,009 62,132

Charitable activities
Income 375 - 375

Investment income 234 - 234
Total 56,732 6,009 62,741

EXPENDITURE ON
Charitable activities
Church Activities 23,576 7,130 30,706
Building Expenses 16,922 265 17,187
Administration 10,664 - 10,664

Other 1,080 - 1,080
Total 52,242 7,395 59,637

NET INCOME/(EXPENDITURE) 4,490 (1,386 ) 3,104


RECONCILIATION OF FUNDS
Total funds brought forward 180,142 3,333 183,475

TOTAL FUNDS CARRIED FORWARD 184,632 1,947 186,579


City Church Preston

Notes to the Financial Statements - continued
for the year ended 31 December 2024

8. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 January 2024 152,756 8,267 3,684 164,707
Additions - 19,017 - 19,017
At 31 December 2024 152,756 27,284 3,684 183,724
DEPRECIATION
At 1 January 2024 - 5,408 2,517 7,925
Charge for year - 1,295 725 2,020
At 31 December 2024 - 6,703 3,242 9,945
NET BOOK VALUE
At 31 December 2024 152,756 20,581 442 173,779
At 31 December 2023 152,756 2,859 1,167 156,782

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,041 3,346
Prepayments 1,322 532
2,363 3,878

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accruals and deferred income 5,161 5,013

11. MOVEMENT IN FUNDS
Net
movement At
At 1/1/24 in funds 31/12/24
£    £    £   
Unrestricted funds
General fund 184,632 267 184,899

Restricted funds
Missions 1,421 1,582 3,003
Youth Funds 464 (312 ) 152
Utilities Fund 62 (62 ) -
Boiler Fund - 17,195 17,195
Fence Fund - 8,000 8,000
1,947 26,403 28,350
TOTAL FUNDS 186,579 26,670 213,249

City Church Preston

Notes to the Financial Statements - continued
for the year ended 31 December 2024

11. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 55,151 (54,884 ) 267

Restricted funds
Missions 6,246 (4,664 ) 1,582
Youth Funds 250 (562 ) (312 )
Utilities Fund - (62 ) (62 )
Boiler Fund 17,917 (722 ) 17,195
Fence Fund 8,000 - 8,000
32,413 (6,010 ) 26,403
TOTAL FUNDS 87,564 (60,894 ) 26,670


Comparatives for movement in funds

Net
movement At
At 1/1/23 in funds 31/12/23
£    £    £   
Unrestricted funds
General fund 180,142 4,490 184,632

Restricted funds
Missions 1,504 (83 ) 1,421
Youth Funds 1,564 (1,100 ) 464
Utilities Fund 265 (203 ) 62
3,333 (1,386 ) 1,947
TOTAL FUNDS 183,475 3,104 186,579

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 56,732 (52,242 ) 4,490

Restricted funds
Missions 5,947 (6,030 ) (83 )
Youth Funds - (1,100 ) (1,100 )
Utilities Fund 62 (265 ) (203 )
6,009 (7,395 ) (1,386 )
TOTAL FUNDS 62,741 (59,637 ) 3,104

City Church Preston

Notes to the Financial Statements - continued
for the year ended 31 December 2024

11. MOVEMENT IN FUNDS - continued

The purpose of the restricted funds is as follows:

Missions There are a number of small funds to support missionaries and other
Christian work both in the UK and overseas.
Youth Funds There are a number of small funds to support the work of the church
with children and young people.
Boiler Fund There are a number of small funds to support the church replace and
maintain the boiler.
Fence Fund Grant received from the Police & Crime Commissioner fund for new
security fencing.

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2024 or 31 December 2023.