REGISTERED CHARITY NUMBER: 1104698
Christian Initiative to Schools in Letchworth and District
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Christian Initiative to Schools in Letchworth and District
TRUST INFORMATION
YEAR ENDED 31 DECEMBER 2023
Contents
| Page | |
|---|---|
| Trust Information | 1 |
| Trustees' Report | 2-3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7-8 |
1
Christian Initiative to Schools in Letchworth and District
ANNUAL REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
Name
Christian Initiative to Schools in Letchworth and District
Registered Charity Number 1104698 Trustees During the Period Rev Christopher Jenkins Martin Money Roger Aldridge Penny Bainbridge Ashley Croft Christine Croft Bankers NatWest Bank Independent Examiner Sue Matejtschuk FCA 39 Silver Birch Avenue Stotfold Hitchin Herts SG5 4AS
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Christian Initiative to Schools in Letchworth and District
Trustees' Annual Report 2023
Charitable Purpose
Christian Initiative to Schools in Letchworth and District (CIS) exists to educate young people in the Christian faith through taking assemblies, Religious Education lessons and holding lunchtime clubs in schools in North Hertfordshire and Central Bedfordshire. In addition, we also provided chaplaincy support to one of the schools.
Public Benefit
We are providing public benefit through our educational activities in twelve schools in Letchworth and the surrounding area. Christopher Baker, our Schools Worker, is greatly appreciated in all the schools he visits.
Governance
Christian Initiative to Schools in Letchworth and District (CIS) is registered with the Charity Commission, registered charity number 1104698. It is governed by a board of at least six trustees.
The three Officer posts are as follows;
Chairperson: Rev Christopher Jenkins Secretary: Penny Bainbridge Treasurer: Martin Money
Six Trustees meetings were held during the year.
Our Annual Celebration (AGM) was held on 17 October 2023.
As CIS reviews its direction over the coming years the Trustees will ensure that it remains consistent with the charity’s constitution.
Data Protection
The Trustees of Christian Initiative to Schools in Letchworth and District (CIS) are aware of their responsibilities as set out under the General Data Protection Regulations (GDPR):
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Lawfulness, fairness and transparency
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Purpose limitation
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Data minimisation
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Accuracy
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Storage limitation
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Integrity and confidentiality (security)
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Accountability
No complaints, concerns or requests for access to personal records were received in 2023.
We continue to be vigilant in including GDPR data privacy statements in publicity, materials and where data is recorded by CIS, for example when organising fundraising events.
Photographs of children or adults are only used with the consent of the parent/guardian or person concerned.
continued…....
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Christian Initiative to Schools in Letchworth and District
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Independent Examiners Report to the Trustees of Christian Initiative to Schools in Letchworth and District
I report on the financial statements of the Charity for the year ended 31 December 2023, which are set out on pages 5 to 8. These financial statements have been prepared under the historical cost convention and the accounting policies set out therein.
Respective responsibilities of trustees and examiner
As the trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of s144 of the Charities Act 2011 (the Charities Act) does not apply.
It is my responsibility to;
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Examine the accounts under section 145 of the Charities Act
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Follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act) and
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State whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosure in the accounts, and the seeking of explanations from the trustees concerning any such matters. The procedures undertaken do not provide all of the evidence that would be required in an audit, and consequently no opinion is given as to whether or not the accounts present a 'true and fair' view, and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Sue Matejtschuk FCA
39 Silver Birch Avenue Stotfold Hitchin Herts SG5 4AS
25 September 2024
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Christian Initiative to Schools in Letchworth and District
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
| Notes Incoming resources 1c Income resources from generated funds Regular Gifts One-off Gifts Gift Aid Refund 1c Fundraising 6 Grants - It's Your Move books 5 Other Income 9 Total incoming resources Resources expended 1d Employment costs including pension 2 Insurance Scripture Union affiliation & DBS check Travel Training/Conferences School expenses inc. CU refreshments 4 It's Your Move books 5 Fundraising expenses 6 Equipment 7 IT Expenses 8 Other Expenses 9 Total resources expended Net movements in funds Total funds at 1 January 2023 Total funds at 31 December 2023 |
Total Total General Restricted Funds Funds Funds Funds 2023 2022 1b 1b, 3 £ £ £ £ 19,584 - 19,584 16,176 3,025 - 3,025 3,665 2,158 - 2,158 1,999 1,630 - 1,630 1,132 - 282 282 106 - 113 113 - |
|---|---|
| 26,397 395 26,792 23,078 |
|
| 24,865 - 24,865 23,679 228 - 228 604 300 - 300 238 463 - 463 442 - - - - 182 - 182 224 393 282 675 616 223 - 223 - - - - 30 787 - 787 804 - 113 113 237 |
|
| 27,441 395 27,836 26,873 |
|
| (1,044) - (1,044) (3,796) 15,034 - 15,034 18,829 |
|
| 13,990 - 13,990 15,034 |
| Christian lnitiativeto | Schools in Letchw | orth | andD | istrict |
|---|---|---|---|---|
| BALANCESHEET | ||||
| FOR THEYEARENDED3'DECEMBER | 2023 | |||
| 2A23 | 2022 | |||
| Theassefsandliabilitiesofthe charity: | Notes | I | E | |
| Current assets | ||||
| Cashatbankandin hand | 13,990 | 15,034 | ||
| IVefcurrenf assefs | 13,990 | 15,034 | ||
| Totalassefs lesscurrent liabilities | - @ |
- @ |
||
| Netassets | : | 13,990 | ||
| The funds of the charity: | - | |||
| Unrestricted incomefunds | 13,990 | 15,034 | ||
| Restricted incomefunds | 3 | |||
| Total charityfunds | 13,990 | |||
| - | ||||
| -- | ||||
| Martin Money | ||||
| Treasurer |
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Christian Initiative to Schools in Letchworth and District
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
1 ACCOUNTING POLICIES
1a Basis of preparation
The financial statements have been prepared under the historical cost convention.
The accounts are in accordance with the recommendations in Accounting and Reporting by Charities: Statement of Recommended Practice issued in March 2005 and comply with the Charities (Accounts and Reports) Regulations 2005 issued under the Charities Act 1993.
The financial statements have been prepared in accordance with all applicable accounting standards, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, (revised June 2008). The accounts have been drawn up in accordance with the provisions of the Charities Acts , and include the results of the charity's operations which are described in the Trustees' Report, all of which are continuing.
The charity has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement.
The particular accounting policies adopted are set out below.
1b Fund accounting
Unrestricted funds are available for use at the discretion of the Trustees in the furtherance of the general objectives of the charity.
Restricted funds are subject to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
1c Incoming resources
Incoming resources are accounted for on a receipts basis. The Gift Aid refund received in 2023 is attributable to income received in the year 1 January 2022 to 31 December 2022.
1d Resources expended
All expenditure is recognised in the period in which incurred and accounted for on an accruals basis. This has then been classified under headings that aggregate all costs related to the category. Resources expended include attributable VAT that cannot be recovered, and is reported as part of the expenditure to which it relates.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the accountancy fees and costs linked to the strategic management of the charity. The Trustees have been reimbursed £nil expenses in 2023 (2022: £nil)
- 2 STAFF COSTS AND NUMBERS
| STAFF COSTS AND NUMBERS | |
|---|---|
| Staff costs were as follows: Pay & Pension |
2023 2022 £ £ 24,865 23,679 |
| 24,865 23,679 |
Staff comprises one Schools Worker. Pension contributions are at 9%
continued…..
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3 RESTRICTED FUND ANALYSIS
| Funds It's Your Move books Other Total |
2023 Opening Balance Income Expense 2023 Closing Balance £ £ £ £ - 282 (282) - - 113 (113) - |
|---|---|
| - 395 (395) - |
Books costing a total £395 were purchased from restricted funds during 2023
4 SCHOOL EXPENSES
This covers the cost of refreshments and snacks for lunchtime clubs and equipment/props to support assemblies.
5 IT'S YOUR MOVE BOOKS
Each year we purchase 'It's Your Move' books to be handed out to Year 6 primary school pupils. Part of the cost is usually met from restricted funds, with the remainder covered from general funds.
6 FUNDRAISING
We were able to hold two fundraising events in the year; an Autumn Concert and a quiz night. Expenses were incurred for the quiz night and a deposit for a Ceilidh in 2024.
7 EQUIPMENT
No equipment was purchased in the year.
8 IT EXPENSES
IT expenses cover our monthly accounting software subscription and maintenance payments for our website.
9 OTHER EXPENSES
A quantity of booklets was purchased for a local church Christmas activity.