**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)
Page 2
**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
Page 3
## **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
Page 4
**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**|
Page 5
**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
Page 6
**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|
Page 7