## **Clarence Road Evangelical Church Trust** (Registered charity, number 1055976) **Financial statements for the year ended 31 December 2023**
|**Page**|**Contents**|||
|---|---|---|---|
|2 - 3|nnual report
Trustees’ a|||
|4|Independent e
xaminer’s||report|
|5|Receipts & payments account|||
|6|Statement of assets & liabilities|||
|7 - 8|Notes to the accounts|||
## **Clarence Road Evangelical Church Trust annual report for the year ended 31 December 2023**
**Full name** Clarence Road Evangelical Church Trust
**Other names by which the charity is known** Clarence Road Evangelical Church
**Organisation type** Charity
**Registered charity number** 1055976
**Principal address** Clarence Road, East Cowes, PO32 6ES
**Trustees** Janet Jay Peter Young Roger Fruen Thomas Charles Gladdis
## **Independent examiner**
, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
## **Governance and management**
The charity is operated under the rules of its trust deed adopted 28[th] July 1950 and most recently amended 9[th] May 1996.
The leaders would meet and discuss potential candidates followed by prayer. After a period of reflection persons deemed suitable would be invited to become a trustee. Potential candidates would be known to the Church over a number of years.
## **Objectives and activities**
1. To advance the Christian faith;
2. The relief of need, hardship or stress; and
3. Any other charitable purpose beneficial to the community.
## **Summary of the main activities undertaken for the public benefit**
1. Holding regular services for the public to teach about Christianity and to provide social interaction and support;
2. Extending access to the Church, so the Church is available to users of all needs; and
3. Regular giving to local, national and international organisations for the relief of need, hardship and distress.
The public are invited to s goodness through Jesus and to experience fellowship and support. We have regular public events that include live music, shared food, guest speakers on various topics, quiz nights and Christmas events. The Church gives regularly to various organisations aiming to give relief of need, hardship or stress.
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Clarence Road Evangelical Church Trust
Publi¢ benefft statement
The Trustees Qfim7 that they have complied Iwth the duty in section 17 of the
Charittes Act 2011 to have due regard to the Charity Commisston's general guidance
on public benefft. 'Chariti8s and Public Benéfir.
Summary of the maln achievements during tho period
1. Continued prowding weekly {52 weeks) seNces to advan the Christian
faith, tc¥Jeth8r the provrsion of groups to stuty the Bible for the
increase of people's knowledge and falth.
2. Regular meetings, often wrth guest speaker. to provid8 for social
interaction for the community.
3. Continuing plans to enhance the thurd) building, to provide for
disabled access a disabled toilel. These plans were finali58d tthvards
the end of 2023 and the physical part of the work was started and
completed in earty 2024. The building is now bad( in regular use.
4. Providing care (physical. emotional and spirtlual} to members of the
mmunty.
5. The prowsion of a communty rneal.
6. The prowsion of a collection point for the k[ Foc#Jbank.
7. Regular finan(#al supwrt to Teartund and the Pavement Project (Lifebvords
UK).
8. Financial support to Tearfund as part of haNest giving.
Flnanclal ravlew
The Church has been very en(xJuraged by the financial support given towards the
recent building works vthilst regular glving towards the general worf( of the Churth
has been maintained.
The charlty's pollcy on reserves
The Church aims to keep sufficient funds in reserve in rase of emergenci8s. This
includes six months of running costs. £400 per calendar month and an additional
fund of £1000 for emergenry building works. The currerrt target level is therefore
£3400. This is reviewed annually.
Flnancial risks
The main risks are assoaated with the church building. Maintenance and renewal
costs can be o)nsiderable bul we have undertaken regular maintenance work to
reduce the risk of emergencies. During recent building works the church had to
vacate the building but were able to finance alternative accommodation and maintain
financial stability-
Signed on behalfof the charl$ truste.
Signed
Peter Young,
ee
## **Independent e** xaminer’s **report to the trustees of Clarence Road Evangelical Church Trust for the year ended 31 December 2023**
I report to the trustees on my examination of the accounts of Clarence Road Evangelical Church Trust (the charity) for the year ended 31 December 2023.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). | report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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 that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records.
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.
22/10/2024 Signed _________________________ Date ______________________ DPR Jo hn O'BrienMiSc, FOCA, FCIE Employee of Community Accounting Plus
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## **Clarence Road Evangelical Church Trust Receipts & payments account for the year ended 31 December 2023**
5
Clarence Road Evangellcal Church Trust
Statement of assets and liabilities
at 31 December 2023
2022
2023
Cash assets
Bank accounts
21662
21662
54383
54383
Prepanents- Insuran & subscripb'ons
639
639
Assets retalned for the charitys own use
General equipment.
Liabllilies
Creditors - independent 8xaminatM)n
480
{480)
These financial statements are acpted on behalf of the tharity by:
Sned
Peter Young, T
Dated Z
## **Clarence Road Evangelical Church Trust Notes to the accounts for the year ended 31 December 2023**
## **1. Receipts & payments accounts**
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
## **2. Grants & donations**
|Vernham Dean Gospel Hall Trust
Sundry donations|**Unrestricted**
**£**
-
12713
**12713**|**Restricted**
**£**
20000
8910
**28910**|**Total**
**£**
20000
21623
**41623**|
|---|---|---|---|
## **3. Funds analysis**
Building fund for all works associated with maintaining and enhancing the building.
Pavement project giving to the Pavement Project (Lifewords UK). Peter & Sue donations for Peter and Sue towards all the work they do for the church and community.
## **4. Prepayments**
|Ansvar church insurance
Building insurance
CCLI licence
Church growth subscription|**£**
89
350
54
146|
|---|---|
||**639**|
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## **Clarence Road Evangelical Church Trust**
**5.**
During this period, a total of £938 was donated in kind to Peter Young and his wife for voluntary worked carried out for the Church.
## **6. Related party transactions**
There were no related party transactions in this period.
## **7. Glossary of terms**
**Creditors:** These are amounts owed by the charity, but not paid during the accounting period.
**Prepayments:** These are services that the charity has paid for in advance, but not used during the accounting period.
**Restricted funds:** These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.
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