2023-04-30-accounts

Coastal Community Church Registered Charity Number: 1050320

COASTAL COMMUNITY CHURCH

Trustees Annual Report and Accounts For the year ended 30[th] April 2023

Coastal Community Church

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 30[th] April 2023

	Page
Report of the Trustees	2 to 3
Independent Examiner's Report	4
Receipts and Payments.	5
Statement of Assets and Liabilities	6
Notes to the Accounts	7

1

Coastal Community Church

REPORT OF THE TRUSTEES for the year ended 30[th] April 2023

The trustees present their report and accounts for the year to 30[th] April 2023. The trustees have opted, under section 133 of the Charities Act 2011 (‘the Charities Act’), to prepare receipts and payments accounts

Objectives and Aims

We believe that the world should hear the good news of the gospel of Jesus Christ. We believe that Jesus Christ died for our sins on the cross that we could have a new life and fresh start in him. We believe that Jesus still heals today and this message is and will continue to be taken to the nations.

Public benefit

The Trustees have considered the Charity Commission guidance on public benefit and consider that the activities of the charity meet its charitable objectives and provide a benefit to the public.

Achievement and Performance

This financial year began with being given Bethel Pentecostal Church Tiverton so that we could do more for the community. We began a change in charity structure to accommodate the new building, moving from an old-style charity structure to a Charitable Incorporated Organisation. The provision of this building now meant that we had two locations, one in Tiverton and one in Fremington. We were able to provide events and much needed services for the community in both locations. One of these monthly events was Messy Church in both locations where families could also come and enjoy a free breakfast. We also put on Warm Space weekly at the Tiverton location. This was a place where anyone could come for some free hot food, be warm and play some board games.

The trainee minister that we had financially supported, achieved his accreditation this year and so we positioned this newly qualified Minister at the Tiverton location.

Both churches have seen a good number of people who want to grow in loving Jesus.

We have provided community groups for pastoral care and discipleship programmes. We have had 5 baptisms this year as a result.

In December we provided Community Carol services at both locations which were well attended. We gave away selection boxes to the children .

Financial review

The trustees consider the financial performance by the charity during the year to have been satisfactory. The Statement of Financial Activities show net incoming resources for the year of a revenue nature of £368 (PY: net outgoing £59,678)

Income received was £102,998 (PY: £95,056) and expenditure was £102,630 (PY: £154,735)

Reserves policy

The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the Charity should be approximately six months of the resources expended. At this level the trustees feel that they would be able to continue the current activities of the Charity in the event of a significant drop in income.

Unrestricted cash reserves held at the year-end amounted to £34,619 (PY: £38,730)

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Coastal Community Church

REPORT OF THE TRUSTEES

for the year ended 30[th] April 2023

Structure, Governance and Management

Governing document

The organisation is a registered charity governed by Constitution dates 12[th] August 1993 as amended on 9[th] August 2008 and 13[th] August 2010

New members are elected by the existing trustees to the board after nomination and interview.

Financial reports are presented to the board at each meeting. Minutes of each meeting are taken and subsequently distributed.

Reference and Administration Details Registered name Registered Charity number Coastal Community Church 1050320 Known as One Life Church Principal address Hub on the Stand 7a The Strand Barnstaple Devon EX31 1EU Trustees Name Position Appointments/Resignations Andrea Rowan Chair Gary Yeo Julie Warrender Kerissa Wright Appointed 1[st] March 2022 Patricia Gover Appointed 1[st] March 2022 Name of senior staff Mark and Andrea Rowan Pastors Independent Examiner Magnus Proctor FFA Lindisfarne Landkey Road Barnstaple EX32 9BW

Approved by the board of trustees on 20[th] January 2024 and signed on its behalf by:

............................................. Andrea Rowan, Chair

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF COASTAL COMMUNITY CHURCH

Independent examiner's report to the trustees of Coastal Community Church

I report to the charity trustees on my examination of the accounts of Coastal Community Church (the Trust) for the year to 30[th] April 2023.

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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

Signed:

Magnus Proctor FFA Fellow of the Institute of Financial Accountants Lindisfarne Landkey Road Barnstaple EX32 9BW

Date: 20/01/2024

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Coastal Community Church

RECEIPTS AND PAYMENTS for the year to 30[th] April 2023

Receipts Donations and gifts Gift aid Grant income Investment income Bethel contribution Total receipts Payments Ministry gifts AOG annual offering Rent Pension Manse rent Staff salaries Conference expenses Travel Ministry resources Hospitality Office costs Telephone costs Utilities Equipment IT and software costs Subscriptions Repairs and maintenance Accountancy fees Bank and financial charges Insurance Legal and professional fees Website Total payments Net receipts / (payments) Reconciliation of funds Transfer between funds Total Funds brought forward Total Funds carried forward	2023 2022 Unrestricted funds Restricted funds Total Total £ £ £ 58,706 24,280 82,986 95,056 16,382 0 16,382 0 0 0 0 0 0 0 0 0 3,630 0 3,630 0
	78,718 24,280 102,998 95,056 3,425 0 3,425 6,400 3,625 0 3,625 2,160 2,796 0 2,796 1,509 1,957 0 1,957 1.480 9,000 0 9,000 9,000 41,612 0 41,612 28,514 850 0 850 711 3,479 0 3,479 1,927 5,206 0 5,206 4,033 1,651 0 1,651 1,330 199 0 199 670 361 0 361 636 643 0 643 198 0 0 0 4,576 80 0 80 551 1,866 0 1,866 1,059 508 0 508 80,799 546 0 546 300 410 0 410 48 2,371 0 2,371 2,069 1,944 19,801 21,745 6,300 300 0 300 465
	82,829 19,801 102,630 154,735
	(4,111) 4,479 368 (59,679) 38,730 93,779 132,509 192,188
	33,883 98,258 132,877 132,509

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Coastal Community Church

STATEMENT OF ASSETS AND LIABILITIES At 30[th] April 2023

STATEMENT OF ASSETS AND LIABILITIES At 30th April 2023
Fixed Assets The Hub, The Strand, Barnstaple Current Assets Debtors Cash at bank Current Liabilities Creditors Total Assets less Liabilities	2023 2022 Unrestricted funds Restricted funds Total Total £ £ £ 200,000 0 200,000 200,000 0 0 0 16,140 34,619 98,257 132,877 132,509 (300) 0 (300) (300)
	234,319 98,258 332,577 348,349

The financial statements were approved by the Board of Trustees on 20[th] January 2024 and were signed on its behalf by:

............................................. Andrea Rowan, Chair

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Coastal Community Church

NOTES TO THE ACCOUNTS

1. Accounting Policies

Basis of preparing the financial statements and assessment of going concern

These accounts have been prepared on a receipts and payments basis as permitted by law for smaller charities.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

2. Trustee remuneration and benefits and third party interests

Andrea and Mark Rowan, Jules and Ben Warrender each received a salary under £10,000 during the year.

No other trustee has been paid any remuneration or received any benefits from an employment with the charity or a related entity.

3. Movement in Funds

Unrestricted Funds General Fund Restricted: Building reserve (The Hub) Welfare fund Total Funds	Balance Income Expenditure Transfers Balance 1st May 2022 30th Apr 2023 38,730 78,718 (82,829) 0 34,619 93,121 24,280 (19,801) 0 97,600 658 0 (0) 0 658
	132,509 102,998 (0) 0 132,877

Unrestricted Funds General Fund Restricted: Building reserve (The Hub) Welfare fund Total Funds	Balance Income Expenditure Transfers Balance 1st May 2021 30th Apr 2022 45,088 56,307 (62,665) 0 38,730 147,100 37,709 (91,698) 0 93,121 0 1,040 (382) 658
	192,188 95,056 (154,735) 0 132,509

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