THE KING'S CHURCH WISBKCM REP RTS ND ACCOI]Trrrs For the vear ertded 31 Dteember 2Q23 WHITINGS LLP CHARf£RED ACCOUNTANTS WJSIIFCH, BURY ST. EDMUNDS, KLY, KIY4GS LYNN, MARCH, MtLDENH.4LL, PETERBOROUGH, RAMSEY, ST. IVES Al￿ ST. NEOTS THE KING'S CHLFRCH WISBEC ANNUAL REfoRT For the Year endd 31 December 2023 The Trustees present tlieir Annual Report together witli the Accounts for Il)e Charity for the year ended 31 December 2023. The Ki¥tg's Cliiirch, Wisbech is regislered ivith tlie Charity Cointnissioners F*0. 1000160 and constituted by a Deed of Trust. The regisiered address is 14 Clarksoa Avenue, Wisb6ch, Cambs, PEI) 2EG. The Church Overseers direct all SpirE￿al aspects of tli¢ cl)ui'ch, and the Trustees have responsibility for the admiTristEalion of the CharÉfv. All of th¢ £ Overseers lliere also Trnstees durintr the financial year, although this did not last for Inr)re than a few months. Tlie roles of both the Ch￿r¢h Trustees and Overseerg were defined during Ihe year and a n¢w trustee btsdy constituted 3fter this work was completed. The trusterf all draN from the beneficiaries of the charitv. The followiiig trustees have served.. Mr Kelth Smith Ir Matth¢w McehleJ) Mrs Ls'nn Monaghan Mr Alan Haminond Mr9 Carol Forreqt MTS Vcrity Mcchlery - Chaiman - Secrets OBJECTS AND ORGANISATION: The object of the Cliarity is tlie advaiiceinent of the Clirisrian faith and. as an &xpr¢ssion of that faith, to bring help and relief io people in conditions of hardship or dist*t5S. The work of the Cliaritv is performed by one part time administraror 2nd volunteer workers wlio, in tum, ar¢ cared for and dirKt¢d by the oversight of the Chur¢h. Dui'ing ilie vear 32 wple volunteered for the Church. The church tnakes granls lo oi'ganisations and individuals. These grants are decided by the trustees. They arc giv¢n to individwdls in need or 10 support a Cliristian Mlnistryi either an individual or organisation. who is Tn¢eting the obj¢ctkves of Ilie Charitv. REVIEW OF THE ITAR: Operatioll the Trustet Body This has been & very busy year with the trustees body reviewing various policie& including conflicts of interes( grant maktn& fo£Th81 and inforniaE xctÉvifv artd undertaklng training. We have &ppoillted new l¢ads on Safeguardiiig and Health and S8f¢ty during the year. We èthve also r¢vi¢w¢d our employment policies and pay. THE KtNG'S CHURCH WISBECH ANNUAL REPORT COl¥IY'D For the Year tllded 31 Deeember 2023 REVIEW OF THE ITAR Cont'd Finamcial Results In managing the church *inauce4 the tr￿tee$ are pleased to report that there continues to be suiTi¢ient fuiids to meet all the oper8tEng fjosts of our ministry and to be able to support local, national and international Christiaft ministr￿e9. The genet21 fund income for 2023 was just oyer £60,000 which w8$ 80/fj higher rlwi 2022. Ther¢ wcrt net payments for die year on unrestricted fitTrds of £7)0. In support of our Christfnas ?023 appeal "Sponsoriiig a Child ivith Compassion" donatiojis have been ¥eceived amountin¥ to £3.585 which wlll provide SEK>Asorship to assist ¢hildren in pov¢rty. Th¢ knistees kave di8￿$Sed finan¢ial risks and have concluded thai there are suffi¢ienl reserves io eoi'er any financial risk that Ehe charity may face. Tlie church's inoome sol¢ly depei)detJt on gifts from those attending ils meetings or making donations to the Charity and the Gift Aid recei￿ed ¢onneclion to it. The trustees ￿e satisfied thaL should this souice of iiicome cease entirely. there are sufficient fil￿d9 for the church to coiitinue operatin(¥ for at least th¢ next six inooths. Th¢ trustees 8r¢ aware of their stewardship of th¢se resources and cusure they are used to enable the Objects of the charity to be met. We regularly supported Tear Fund. Gideons Intern2tionaL Aid for Amienia. Wisbech F(XKlbanK lllkmational Justice Mtssion, Christian Coiicern. and Christian Solidarity, Worldwide. binancial support is alw given to one of the workers the Wall of Answ'ei'ed Pl'ayer project. this person attend¢d the King's Church, Wtsbech, for Fna¥ky years. Grants w¢re aiso made to a variety of iodtviduals to support their ministry it) the Kings Church. total during the yeai. grants of £31,125 were iDade to oi'ganisations and individuals. Training Dursng the year eliurch Volun￿[$ and staff ¢ngaged Thith S2feguardiiig traTtRing. DBS checks art Carried oui on all volunteers working ¥vith children, vulnerable adults or in lead¢rship positions over se¢iwkg these a¢tiviiies. The tnistets undetweDt a variety of iraining as did voluT)te¢r5. Buildings The Church uses the Queen Mary Centre for its Sundky moniing seTh'ices and other events. This financial contribution, along Wltli its role as part of the man&gement committee, etthbles the church to support the C¢ntre in its availability for d)e wider community. Tl)e church also leases an office at]d small meeting room in Ootsvia View. the home of the Ferry Project Thrhich provides accommod2tion and support for those would olh¢rwise be homeless. Th¢ offifje is used as d maitt church office and the meetiiig room has been used 8S 2 studio for onlTne meetI￿g5. The meetintt room was again us¢d for face-to-fa¢e meetfftngs. Meetings of various sorts have also tskei) place in privat¢ honies. THE ￿NG's CIIURCH. WISBECH AIYNUAL RL4 PORT For the year ended 31 Deeember 2023 REVIEW OF THE YEAR Bulgarian CoDgreg#lion During the >'ear the Bulgarian coo8r¢gation (kcided to set up as an ind¢p¢ndent Bulgart8n church. This was done with il)e full support of the church Trustees and Overseers. We ask God to lead their work. guide theiT leadership alld tneet wstE] their congregation. Messy Church Aft￿ 7 years of operation, IÈ was decided to stop the Inoiithly nieetiiigs of Mtssy Church. This work has bee very suecessfuL but tirneg have ch30g¢d, at]d 8 new youth work will replace it. BÈnefieiaries It is verv dI￿le￿It to calculate the exact number of E¢neficiaries (here are from the aetivity of the church. This is because materials are 2vailable to download on YouTub¥ at]d the church's Trtbsxte aud although wc look at the dow)load figvrcs il is ditTiculf to know how Inany people watoh these down102ds. What we do know is that huTrdreds of downloads have taken pla¢¢. The n￿JOrity of ihese are in th¢ UK but bundred5 are taking place li? countries around the world. The average att&idanee at the Sunday servtet and the various small groitps that the Kings Church holds has itECI'eased dvring t1￿ ¥e#r. Overall, during the year w¢ll over 200 difterent people have attended ihe diffei'ent FU¢¢tiii23 TDtal 2022 Brotstsht forward 60,139 811 60,950 54,166 MgDyAgemetst 2nd AdmlRistrgtlott: Independeiit Examiner's Fees Printin& Postage and Statioiiery 1,140 229 I,J40 229 1.050 130 TOTAL PAYMENTS 61,S08 811 62J19 £ 55,346 ET R£CEIPTSI PA YMENTS for the ye*r {730) 2,923 2,193 4,650 BANKICASH BALANCE as at l January 38,009 662 38,671 34.021 BANKICASH BALANCE 8s at 31 Deeewber 37279 3,?8S 4OJ64 £ 38,671 THE KThG'S CHURCH W￿BEc STATEMENT OF ASSETS AND LEABILITIES s at 31 December 2023 Unrestricted Restricted Funds Funds GeneTg1 Fulld hari Fund Totgl 21123 Total 2022 MONLT.4RY ASSETS: Bank Curreni Ac¢ouiiÉ Bat￿ Savings Accouni Casli in Hand 19038 17,433 3?85 23.423 J7.433 21.474 7.150 47 TOTAL CASH AT BAP4KnN HAND 37279 3,585 40,864 * 38,671 NON-L¥IONETARY ASSETS.. Other Assets: Held for functional use by the Charity- Various items of Audio #nd PA Equipment Projector and Laptop Computtr Photocopiei All good ¢onditio L￿BILITIES. Creditors tor SttiTr'ice5 provided 239 239 £ Note". Restricted Funds comprise'.- Charity Fund: Represents a bAl2nce of appe21 moni¢s r¢ceived to be expended in 2024.. Compassion 2023 Christmas Appeal 3585 Tlie Accounts Iwve been p￿Pared on a Re¢eipts and Payinents bagEs under Section 133 of th¢ ChariÉies Act 2011. For and on behaifof the Tru$te¢s V MCCHLERY TRUSTEES EL SMrrH 22 July 2024 THE KING'S CHURCH WISBE INDEPENDENT EXAMINERS REPORT TO THE TRtsSTEES OF THE KING'S CHURCH wtSBECH I report lo the Trustees on my examination of the Accounts of The King'5 Chw'ch, Wisbech (the Charity) for the )'ear ended i l December 2023 which are set on Pag¢ 4 to 6. Res iliti Basis of Ré ort: As the Cl)arity's Trustees j'ou ate FespoEJsibl¢ for the preparation of tht Accounts in accordance with th¢ r¢quirements of the Cliaritie5 Act 2011 (-tthe Actl. I reptsrt in iEspect of niy ¢xamination of the Ch&rity's accounts carried out under Sectio)D 145 of the Act and i carry'ing out my examination I have followed all the #ppli¢ablt Directions given by th¢ Charity Con3mission under Se¢tion 145(5)(b) (yf the A¢t. Inde ndtnt Examijaers Statement: I have completed my ¢xamination. I confimi that no material matters have to my attention in Conn￿tiOn with ihe examinatiOTJ giving me eause lo b¢licve that in any niaterikl ￿SpeCt.. . accounting records were not kept as required by Section 130 of the Act- or 2. tli¢ ac¢ounts do not accord ￿1th those record5. I have no concerns and have come aer05S no other matters in conne¢Eion with the examination to whie 8tt¢ntion should be drawu iii this report in OTd¢r to enable a proper understanding of the Accouftts to be reaehed. K. J. DAY F.C.C.A elo Whitings LLP Chartered Aeeountsnts l J? 13 The Cregeent Wisbec C2mbs PE13 IKH 22 July 2024