OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-12-31-accounts

MARANATHA COMMUNITY CHURCH TROWBRIDGE TRUST

MINUTES OF THE VISIONARY MEETING HELD ON THE 26[TH] JANUARY 2025

This meeting was held on the 26[th] January after our normal Sunday service when the congregation were invited to stay and participate in the visionary meeting.

In attendance were around 60 of the congregation plus the trustees.

Introducton

The meeting commenced with a short time of prayer led by John, who then explained the reason and the need for the visionary meeting.

Finances

The church accounts for 2024 have been published and copies of these were freely available to anybody in the congregation to take a copy if they wished. John explained that the churches income from tithes and offerings had increased by 13% to £53,210 and expenses were down by 8% to £33,755, giving a current account balance of £65,315.

Total Income - £53,210 +13% Total Expenses - £33,755 -8% Current Account - £65,315 Savings account - £43,327

Question raised concerning an emergency fund for people in need, Jerry responded to say that we can give up to £250 when needed but anything above this has to have trustees’ approval.

New Policy Directves

John explained to the congregation that we had commissioned David Fiddy to look at all our church policies and where necessary update and amend. David has extensive experience on formulating

church policies with his work for a number of churches in the Devizes area. The list of church policies is below:

Management Document and Engaging External Speakers. Safeguarding Policy on Child Protection and Serious Incident Reporting Declaration of Trust and Social Media Policy. Conflicts of Interest and Expenses Policy. Risk Management Policy and Political Activity and campaigns Policy. Anti-harassment and Bullying policy. Investment policy and Finance policy. Reserves Policy.

The process of checking and then approving the policy is ongoing.

No questions from the congregation

Charity Status.

John explained that the church was actively seeking to change its charitable status to a CIO and then explained what this was. See below:

Charitable Incorporated Organisation (CIO)

“A CIO is a form of incorporated charitable organisation that allows its members and trustees certain protections against personal liability and provides a legal capacity as an individual. In other words if we get sued then the trustees will not be liable for any financial compensation”

John stated that it would have no impact on the congregation and the Maranatha name would continue. The whole process is likely to take around 3 to 4 months.

Building

Rob then explained about our vision for our own building.

A number of people offered to look out for potential buildings that might be suitable as well as looking out for land on which we could build our own purpose built church. All should report back to Rob.

Review of last year, special reference to new things

Jeremy presented this item

Vision for the new year 2025

Jeremy presented this item

Any other business

Two items were raised

Some consideration was given to Rob asking members of the congregation to volunteer release of this information so that Rob can produce the list to those who would like a copy.

Dec-23 Dec-24
Opening Bank Balance 51,753 60,968
MoneyIn 3,595 6,343
MoneyOut 5,756 1,996
Closing Bank Balance 49,592 65,315
Income Categories Income Categories Income Categories 01/01/23-31/12/23 01/01/24-31/12/24
Bank Interest - - 757 1,364
Gifts Received - - - 400
Tithes & Offerings 3,595 6,343 39,074 45,348
Income - Restricted - - - 2,115
Income - Unassigned - - 468 -
Gift Aid - - 6,600 6,098
Total Income Categories 3,595 6,343 46,899 55,325
Expense Categories Expense Categories Expense Categories Expense Categories
Bank Charges 6 5 109 67
Courses and Conferences - - 610 806
Equipment - - 972 896
Establishment Costs 421 195 3,378 2,446
Evangelism 572 100 2,217 594
Events - - - 2,702
Giving- Fellowship 800 - 1,250 -
Giving- Gifts 1,000 950 1,500 10,945
Giving- Mission 5,500 - 17,000 7,200
Giving- Speakers - - 590 980
Insurance - - 429 461
Music/Literature - - 474 1,141
Pastoral expenses - - - -
Rent Paid 633 444 6,380 6,133
Salary - - - -
Subscriptions - - 438 100
Youthwork 25 301 628 1,399
Total Expense Categories 8,956 1,996 35,975 35,870
Grand Total 5,361
-
4,347 10,924 19,455
HSBC Current Account
Kingdom Bank Ltd Savings
Petty Cash
TOTAL
47,202 65,315
41,963 43,327
120 98
89,285 108,740

Maranatha Community Church (Wiltshire) - 01.12.2024-31.12.2024

Independent Examiner's Report to the Trustees of Maranatha Community Church (Wiltshire)

I report on the accounts of the Church for the year ended 31 December 2024, which are attached.

Responsibilities and basis of report

As the charity trustees of the Church, 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 Church’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the 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 which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: John Edwards

John Edwards B.Sc. (Econ) 5 Sandalwood Road Westbury Wiltshire BA13 3UP