REGISTERED COMPANY NUMBER: 05111593 (England and Wales) REGISTERED CHARITY NUMBER: 1105954 Report of the Trustees and Unaudited Flnanclal Statements for the Year Ended 31 March 2024 for Bllndford Evangelleal Chureh Ward Qoodman Audit Services Ltd 4 Cedar Park Ferndown Industrial Estate Wimbome Dorsei BH217SF
Blandford EvangelicAI Chureh Contents of the Financial Statements for the Year Ended 31 March 2024 Page Report of the Trustees Independenl Examlner's Report Statement of Flnanclal A¢tlv5tle$ Balance Sheet 9 10 10 Notes to the Flnanelal Statements
Blandford Evangellcal Chvreh Report of Ihe Trustees for the Year Ended 31 Mareh 2024 The trustee5 who al'e also dii'cciors of the charity for Ihe purposes of the Compaiiies Act 2006. prcsent their reporl with Ihe rinancial slaiemenls of the chariiy for the year ended 31 March 2024. The trustees have adopied the provisions of Accounting and Reporfing by Charities: Staicment of Recommended Practice applicable to charitics preparing their accounis in accordancc with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective January 20191. Blandford Evangelical Church is an Indepcndent Church serving the communities of Blandford Forum and the suOund1ng villnges of North Dorset. Thc Church seeks to minisi¢r all age groups without prejudice in reference 10 ethnicity. gender. age, capabilities or beliefs. OBJECTIVES AND ACTIVITIES Objectlves and a1rn5 l. ThL advdnccmcnl of Ihc Christian faiih in Ihe area of Blandford Forum, Dorset, by the formation of a true fellowship of born again Inen and woinen who desire above all else lo Iivc 5anclificd and Spiril-filled livcs,. and the establishment of a spiritual ministry based in Blandford Foruin, which exalis the Lord Jesus Christ and seeks the salvation and edification of all. 2. Promoie Ihe Sludy and ieaehing of the Christian faith, using and n)aintaining Church buildings to facilitale Ihe minisiry of the Church. Slgnlficgnl aetlvltles The chui'ch tuns Ihe following services: The holding of weekly Sundjy service5 open lo all. The running of small 'disciplc.ship groups, for the mulual encouragement of all. The running of 8 large number of different ministries which cater for a wide range of people, such as parents with babies and young children. single people. older people, children and young people. Upkeep and improvement of the church's buildings and facilities for Ihe benefit of all users. Financial support for specific overseas mission work, Publlc beneflt The Iruslees havc had duc rcgard lo the Charity Commission's guidance on public benefit when exercising any powers or dulles 10 which Ihe guidance is relevant. Volunteers The church would not be able to provide the range and number of groups and activities that it offers without the work of dedicated team of volunteers. Volunteers are drawn from those who attend Ihe Church, and are subjecl lo Ihe appropriate checks when working wilh the vulnerable elderly or children and young people, Each activity or ministry has ils own leader and supporling team, wilh a line management slrnclure for accounlabililyl overseen by the Trusiees. Page I
BIAndford Evangelical Church Report of the Trustees ror the Year Ended 31 March 2024 ACHIEVEMENT AND PERFORMANCE ChArl¢able a¢tlvltles There are wcckly scrvices on Sundays. which offei. an opportunity for aiiendccs 10 enLJage In conleinporary worship, hear Biblc-ba5cd tcaching and preachin&), to bc encouragcd in dealing with everyday issues and discovering how 10 live a life of faith. Following (he changes CaScd by Covid-19, services were made availablc on a livesireain uniil ihe end of Octobcr 2022. Sincc Novembcr 2022, Ihe leaching each Sunday moining has been recoi'ded and madc available on Ihc church's YouTube channel. Coininunion 15 regularly included in church services. Aroiind 4 limes a year the Sunday morning service takes the forni of 'Breakfasi Church,. a morc infornial servic¢ where breakfast Is served at tables and Ihere is opportunity for people io socialise. This is a great opportunity to bring along friends and neighbours, Families that attend Footprints loddler group are encouraged lo join. Some church aii¢nd¢es do nol have internet access and wc have used Icllers and telephonc calls lo kcep them updated. Pastoral visits are made to people in need. The church appointed a temporary P8sloral Assistant to cover the one-year period of one of the Paslorfs adoption leave. Parl of the aim of this post was to develop a Pastoral Suppori Teain and this work was coinpleied. The team completed safeguarding and other ITaining. and the Icam members are regularly en8aged in visits and support for church attendees and oihers in need. Discipleship Groups continue io meei regularly midweek lo encourase one another, study hnd prdy. Monday Fellowship is a Broup that meets on Monday afternoons for an informal servi¢e with hyrnn singing and a talk and is appreciated by older members of the community. Monthly prayei. meeiings lake place on Wednesday evenings. Weekly Sunday evening prayer meetings werc introduced in June 2023 and are on80ing. Volunteer church members children's and youth 8TOUPS during Sunday morning services. In March 2023, the chui'ch ¢niered into a temporary agreemenl wilh Ihe organisation Dorsel Youth for Christ, for them to provide a part-time youll) worker lo work with young p¢ople in the 14-18 age range. encouraging them in iheir faith and providing a weekday evening discipleship group. This agreement ended in March 2024 and the group is now run by volunleers. The annual Halloween alternaiive 'Li8hi part for local children was a greai success and well all¢nded. Footprint5, our paTenilcarer, and toddler group continues lo allraci pleniy of families and is a great comiiiunity resource. The 'Open the Book, team provides a5mbl1eS for fhe loral primary schools, sharing stories from the Bible. This team is partnership wilh oiher churches In the town. Ai Christmas we wei'e able 10 have a number of In-person cvenls, including 'Carols on Ihe Green. an open-air service, which was aiiended by a good number of people from the coinmiinily. The annual Christingle service on Christmas Eve has become a focal point for many local fainilies wilh younger children. This year 50 children attended with their families. The Carol Sei'vice was advertised locally and well atlended by visitors as well as regular attende1% Page 2
Blandford EvangellcAI Church Report of the Trustees for the Year Endfd 31 March 2024 The church works cooperalivcly with other local chui'ches in supporling thc local Food Bank, which also offcrs dcbt advicc and signposting to oihcr services. The Food Bank continues lo be a viial resource for thc local community. The church is designated as a Dcmentia Fricndly Church. The Church aii)Is lo creale a welcoming cnvironincnt and ensiire thai the value of lis building assets and its equity will bc Inaxiniized in the evctlt of the PUTchase of alicmalivc pi-cinises in thc fulurc. To this end, a mainlcnance pro8ranune is underway. with a focus on cxlerior repairs and decoi'alion. Quotes have been obiaincd for a new fire alann and cmergency lighiing system. Our Pahlors served as Chaplains io the iown Mayor for rhe yeAf up lo May and are now serving as Chaplains 10 Ihe lo¢al Royal British Legion. They have been involvcd in local Reineinbrance and oiher Civic services during the year. This year. thc church continued to support a numbei. of overseas missions, includin8: A Wycliffe Bible Translators, project in Uganda, supporting Bible translation and literacy work, pastor training inilialives and d¢velopineni work, particularly skills-based training. Music for Life, a chariiy operating mainly in East Africa, providing educaiion and health care lo children in East African countries. The B¢ih¢sda Proje¢1 in Tamil Nadu, India, a ¢hariiy which provid a school, and a children's hostel. The Church Mission Society in Lebanon uniil July 2023. FINANCIAL REVIEW Finaneial position The finan¢ial slalements show a net deficit for the year of £6,686 12023., £1,786) The principal source of incoine is voluntary income accounting for approximately 93'/o of the Church's incom¢. The Trustees arc continuing their slrale8y of deploying all net incoming resources 10 the ¢haritable aims of the Church. This figure also includes th¢ Gift Aid which, as a registered charity, the Church is able io claim on a large pei'cenlage of this voluniary incoine. The largest expenditure is on employees, remuneration £78,424 (2023: £79,558), which accounls for 5490 of total expendilure. In the year grants totallin8 £27,27012023.. £26,180) were made lo IndividilS and institutions in accordance with Ihe aims of the Church. other expendilure included the ongoing cosls of admini5tralion, utilities, and routine mainlenance on the Church buildtng, otrice and flal. Prlnclpal fundlng sources The Church Is funded almost enlii'ely from voluntary giving - donaiions from Church members and others who attend services. Reserves poll¢y In accordance wilh Chariiy Commission giiideline5, Ilie Ttvslees aim lo maintain a cash reserve of no less Ihan 3 months, expenditure, which we have been able to achieve Ihroughoul Ihc year. This is lo ensure essenlial costs, including staff sa12ries, can be paid in Ihc cvcnt Of unfurcscLn changes lo Ihe Church's incom¢. The charity defines free re5eives as general unresiricied funds less unrestricied tangible fixed assets. At the year endcd 31 March 2024 free reserv¢5 totalled £22,408 (2023: £68.152). Page 3
Blandford Evangellcal Church Report of the Trustees ror the Year Ended 31 Mareh 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The governing documeni of ihe company is irs Memoranduin. and is constiluled. govcrned and organised in accordance with 115 Arliclcs of Association. Blandford Evangclical Chiirch is a company liinited by guarantee (The Church), not liaving share capital. The Church is an indepcndcnt chiirch wilh no dcnominational affiliations. Recruitment and appolntment of new trustees Trustees are nominaled by existing trustees and elccled by members. Ncw Truslccs are given basic training for executing their dutie5 and responsibililies within the charitable company. Care is taken lo ensure that each Tiu&lee receivc5 a full briefing on the aims and objeclives of the Church (Company) and is personally commitied 10 Ihcm. Organlsgtlonal structure The Trustees have the responsibility lo ensure that Ihe Church is working in accordance with and etTecliv¢ly in pursuit of ils staled aims and objects. Tliey ensure all relevant policies are in place and full eompliance of the Chui'ch with these policies and Current legislation. le.g. Health and Safely, Safeguarding, Equal Opponuniiies, Fire and Insurance etc.) Risks of operating, in relation to these policies, are reviewed annually towards the end of Ihe financial year and whenever necessary, amendments are insligated. The Trustees ensur¢ that accounts are kepi, independently reviewed and subinitted to Coinpanie5 House and the Charities Commission in accordance wilh Ihe requirements of each. The independently reviewed annual accounts are also presenled to the chUh membership ai the Annual General Meeting in the autumn (nonnally Novcmber). The praeiical ouiworking of the aims and objecls of the Church is delegated by Ihe Chur¢h Trusiees io the Members of that body who are also Church Leaders. Thc Chureh Leaders are appointed by the membership of the Church. Each one of the Church Leaders, of which there have been three in the period, has responsibility for overseeing specific aspects of tlie Church's Ininislry, Related partle$ The Church is an independent church with no denominational affiliations. The church's two pastors, a llvdrried couple. resigned in mid-Mar¢h 2024. Th¢ charily Irustees are confident that the work of the chui'ch can cnnlinue until a new pasior is reeruiied. Two new Trustees were co-opted in April 2024 to strengthen Ihe team. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 05111593 (England and Wales) Registered Charity number 1105954 Registered office Clo Blanchards Bailey LLP Bunbury House Siour Park, Blandford St Mary Blandford Forum Dorsel DTII 9LQ Pogc 4
Blandford Evangellcal Church Report of the Trustees lor the Year Ended 31 March 2024 Principal address Blandford Evangelical Church Albeii Sireet Blandford Foruin Dorsel DTI17HZ Trustees Mr M J Siniih Treasurer (resigned 25.5.23) Mrs R Disbrow Chairman Mr P Clark Mr J F Dodge Mr D Camiichael (r¢TrI¥e 30.6.24) Mrs E Carniichael Ircsigned 30.6.24) Mrs J Whale (I'esigned 15.9.231 Mr S P Hester (resigned 18.6.241 Mr P M Waison Mr P J Duffin {appoinled 18.1.24) Ms C C Gill lappoinled 18.6.24) Mr A J Saunders (appointed 18.6.24) Compony Secretary MrJ F Dodge Independent Examlner Ward Goodman Audit Services Lid 4 Cedar Park Ferndown Industrial Estate Wimborne Dorset BH217SF RESTRICTED AND DESIGNATED FUNDS Restricted funds are those where ihe donors have stipulated that fund5 be used foi. a pai1i¢ular purpose, such as an appeal on behalf of another cliaritable organisalion. Usually* such funds are passed on (together with any Gift Aid tliat maybe claiinable) at Ihc carliLsl oppurtunity. The exception is the Buildin8 Fund, which is for the possible future purchase of altemale premises. There is no tirnescale for this. In the meantime, the fund balance will be held on deposit until appropriaie preinises become available. unless needed to pay for investigations. consulialions. planning advice eic. Designated funds are those where Ihe Trustees have set aside funds for a parlicular puoSe, bul itserve the right io transfer the funds for general use. Mosl of ihe designated funds are associated with Church groups or a¢livilies, some of which aim 10 break even over time, and oihers ar¢ 5UPPQrted from thc Church's general fund. PagL 5
Blandford Eyangelleal Church Report of the Trustees for Ihe Yeor Ended 31 March 2024 This report ha% bccn prcpared in accordancc with the special provisions of Parl 15 of ihe Companies Aci 2006 rclaling to nall cuinpanic%. 0111112024 Approved by ordcr of Ihe board ol"trustees on . and signed on ils beIlf by: R E Disbrow Mrs R Disbrow . Twsi¢e Page 6
Independent Examlner's Report to the Trustee5 of Blandford EvangellcAI Church Indeptndenl examlner's report to the Irustees of Blandford Evangellcal Church ('Ihe Company,) I report to the charity Iruslccs on my cxainination ofthe account5 of ihe Company for Ihc year cndcd 31 Mai'ch 2024. Responslbllltles and basls of report As ihe charity'5 trustee5 of the Coinpany land also its directors for ihe purposes of coinpany law) you are r¢sponsiblc for lh¢ pr¢paralion of thc accounts in accordance with Ihc rcquircmcnts of the Coinpanies Act 2006 {'Ihc 2006 Aei,). Having saiisfied mysclf that the accounts of Ihe Coinpany are not rcquircd io bc audited under Part 16 of the 21)06 Aci and are eligible for indcpcndcnl cxaininalion, I report in rcspcct of my exaininalion of your charity's accounis as carried out under Section 145 of the Charities Act 2011 I'ihe 201 l Acl,). In canying out my examination I have followed the Directions given by the Charity Commission under Seciion 14515) Ib) of the 201 l Act. Independent exqmlner's Statement havc coinplcied my examination. I confirin thai no matiers have come to my attention in connection with thc exainination giving me Cause lo belicve,. ac¢ountinE records were nol kcpi in respect of the Company as required by Section 386 of the 2006 Act. or the accounts do not accord with those r¢cord%' or Ihe aecounis do not comply with the accounting requirements of Section 396 of the 2(K)6 Act other than any requireinent that the accounts give a Irue and fair view which is nol a malter considered as part of an independenl exaniinaiion; or Ihe accounts have not been prepared in accordance with the Incihods and principlcs of Ihe Sialemenl of Recommended Practice for accounting and reporting by eharities (applicable lo charities preparing their aeeounls in accordance with the Financial Reporiing Siandard applicable in ihe UK and R¢public of Ireland (FRS 102)}. I have no concerns and have conie acTOSS no oiher mailers in connection with the exaininaiion io which attention should be drawn in Ihis report in order lo enable a proper understandin8 of the accounts to be reached. l M Rodd Bsc FCA FCCA Ward Goodman Audit Services Ltd 4 Cedar Park Ferndown Indusiri81 Esiale Wimborne Dorset BH217SF Dale.. Pagc 7
Blandford Evangelleal Chureh Statement of Financial Activities (Incorporafing an Income and Expenditure Account) for the Year Ended 31 MAreh 2024 2024 Tolal 2023 Total fund5 Unrcstrictcd Rcstriclcd runds Notes INCOME AND ENDOWMENTS FROM Donalions and Icgacies 116,645 13.376 130,021 127,938 Charltable aetlvities Ministry, mission, support and oulreach 8,074 8,074 8,531 Investn)eni income 1,415 1,415 348 Total 126,134 13.376 139.510 136,817 EXPENDITURE ON Char114ble Aellvltles Minisiry, mission, support and outreach 131,687 14,509 146,196 138,603 NET INCOMEI{EXPENDITURE) Transfers belwttn funds (5,553) {127) {1 133) 127 (6,686) (1,786) 13 Net movement in funds 15,680) (1,006) (6,6861 (1,786) RECONCILIATION OF FUNDS Total funds brought fonvard 81,517 723,755 805,272 807.058 TOTAL FUNDS CARRIED FORWARD 75.837 722.749 798,586 805,272 The notes form parl of these financial slRlements Page 8
Blandford Evangelleal Chureh Balance Sheet 31 March 2024 2024 Totdl runds 2023 Toial funds Unreslricted fund5 Reslriclcd runds Notes FIXED ASSETS T&ingible asscls 10 10,395 702,437 712,832 716.767 CURRENT ASSETS Debiors Cash ai bank and in hand 10,726 62,759 1.637 82,160 12,148 81,203 19.401 73,485 20,312 93,797 93,351 CREDITORS Amounts falling due within one year 12 (8,043) {8.043) (4,846) F.T CURRENT ASSETS 65.442 20.312 85.754 88.505 TOTAL ASSETS LESS CURRENT LIABILITIES 75.837 722,749 798,586 805,272 NET ASSETS 75.837 722,749 798,586 805,272 FUNDS Unreslricted funds Restricied funds 13 75,837 722,749 81,517 723,755 TOTAL FUNDS 798,586 805,272 The charilable company is entitled lo exemption from audit under Section 477 of ihe Companies Act 2006 for the year ended 31 March 2024. The meinbers have not required the company to obtain an audii of ils financial slalements for the year ended 31 March 2024 in accordance with Section 476 of Ihe Companies Act 21X)6, The trustees acknowledge their responsibililies for (a) ensuring ihal the charitable company keeps accounting records Ihat comply with Sections 386 and 387 of the Coinpanies Aci 2006 and preparing financial siaiemenis which give a true and fair view of the stale of affJirs of the charilable company a5 al thc end of each financial ycar and of its sutylus or deficil for each financial year in accordance with the requirement5 of Sections 394 and 395 and which otherwise comply with the rcquircmL'nls of Ihc Companies Act 2006 relating lo financial siaiements, so far as applicable to the charitable company. (b) The notes forni part of thcsc financial siaiemenis Page 9 continued..
Blandford Evangelleal Church Balanee Sheet- continued 31 MArch 2024 Thcsc financial slat¢menls have bcen prepared in accordance with the provisions applicable to charilablc coinpanics subjccl lo Ihc small coinpanies rcgiinc. 0111112024 Thc financial staleinent5 wcrc approved by the Board of Trustees and auihorised for issue on and were signed on its bchaifby: R E Disbrow MTS R Di¥brow - Trusiee The notes fonn parl of these financial statements Page 10
Blandlord Evangellc91 Church Notes lo the Flnanclal StAtement5 for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basls ol prepArlng the financlal statements Thc financial sialcrncnls of the charitable coinpany, which is a public benefit cnlity under FRS 102, havc bccn prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charili¢S: Sialeincnl of Reconimended Praclice applicable lo charilies prcparing their accounts in accordance wilh thc Financial Rcporting Siandard applicable in ihe UK and Republic of li'eland (FRS 102) {cffeclive l January 2019),, Financial Repurting Standard 102 'The Finaneial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial siaiemenis have been prepared under Ihe historical cost convention. The chai'ity is a private company incorporaied in England and Wales and liinited by guarantee. The registered office is delail¢d on page 4 of these financial slateinenls. Flnanelal reportlng standard 102 - reduced dlsclosure exempiions Thc charity has tak¢n advaniage of Ihc rcdiiced disclosure r¢quircincnts for small ¢harilies under SORP IFRS 102) Updaie Bulletin l. Income All income is i'ecognised in the Stal¢menl of Financial Activities once the charity has eniitlemeni 10 the funds, it is probable that the incomc will be received and ihc amount can be measured reliably. Government grallt5 Govemmenl grants relating to Ihe job retention scheme shall be recognised in profil or loss on a 5y51emalic basis over the periods in which the entity recognises as expenses the related costs for which the grants are intended lo compensate. Deblors Other debtors are recognised at ihe seltlemenl aniount due after any trade discount offered, Prepayinents are valued al the amouni prepaid nel of any trade discounts due. Expendlture Liabilities are re¢ognised as expenditure as soon as there Is a legal or constructive obligalion committing the charity to that expenditui'e, it is probable that a transfer of economic benefits will be required in setil¢inenl and the amount of the obligation can be Ineasured reliably. Expendiiure is accounted for on an a¢¢nlS basis and has been classified under headings that aggregalc all co%1 rclaled lo the calcgury. Whcrc co%ls eannot be dii'ecily aiiribuied to particular headings they have been allocated lo aciivilies on a basis consisteni with Ihe use of resoui'ces. Irrecoverable VAT is recorded againsl Ihe expendilure caiegory 10 which Ihe VAT relates. Grants offered Subject to conditions which have not been met al the year end dale are noled as a commitment but not accrued as expenditure. Tanglble fixed assets Depreciation is provided ai the following annual raies in order to write off each assei over its estimated useful life. Freehold property Plant and machinery Fixtures and fittings Coinputer equipmenl 40/0 on cosl 200/0 on reducing balance 2ts on reducing balance Straight line over 3 years Taxation The charity is exempi from corporation lax on its ehariiable aciivilies. Pagc 11 continued...
Blandford Evangelleal Chureh Notes to the Flnanclal S¢alements - contlnued ror the Year Ended 31 March 2024 ACCOUNTING POLICIES- continued Fund accounting Uni-cslrictcd fund5 can bc uscd in accordance wilh Ihe chariiable objcclives al ihe discretion of ihe trustees. Resti'icted funds can only be iised for particular rcslricled purposes within the objects of ihc charily. Rcslriclions arisc whcn spccificd by (he donor or when funds are raised for particular rcslricted purp05eS. Furthcr explanation of the naturc and pui'pose of each fund is includ¢d in th¢ notes to the financial siatcincnls. Penslon costs And other post-retirement benefi¢% The charitablc company operates a dcfincd contribution pension scheme. Contributions payable lo Ihe charitablc company'5 pension scheme are charged lo the Statement of Financial Activities in Ihc period to which tliey i'elaie. Cash gt Bank And In hand Cash ai bank and in hand includes cash and shorl lerni highly liquid invcslmcnts wilh a shorl Inaluriiy of three months or less from the dale of acquisition or opening of Ihe deposit or similar account. Credltors Creditors and provisions are recognised where Ihe charily has a preseni obligaiion resulting from a pasi event Ihai will probably resuli in Ihe Iransfer of funds io a ihird party and the amount due lo settle the obligation can be Ineasured or estiinaled reliably. Creditors and provisions are normally reco8nised at their settlement ainounl aftei. allowing for any Irade discounls due. DONATIONS AND LEGACIES 2024 2023 Commiiied giving Appeals ond donations Gift aid 99,172 10,555 20,294 97,981 9,550 20,407 130.021 127.938 INVESTMENT IIYCOME 2024 2023 Inlcresi rcceivable 1,415 348 Page 12 continiied.
Blandford Evangelical Church Note5 to the Financiil Statemen15- eontinued for the Year Ended 31 March 2024 GRANTS PAYABLE 2024 2023 Mini51ry, MI10. SLipport and ouireaeh 27,270 26,180 (iranls paid io inslilutions: 2024 2023 Dorsel Youth for Christ Wycliffe Bible Translaiors Faithworks Wcsscx Church Mission Socieiy Music for Life Beyond the Box Blandford Welcome Group 7,028 5.050 600 920 2.765 4,259 4.717 600 2,680 2.580 100 58 16.363 14,995 Grants paid lo Individuals 10,907 11.185 SUPPORT COSTS Governance cosls Finance Totals Mini51ry, mission, support and outreach 267 2,760 3,027 NET INCOMEI(EXPENDITURE) Net incotnel{expenditure) is slated after chargingJ{creditin8)'. 2024 2023 Dcprecialion - owned assets Independent Exainination 4,165 2,760 4,754 2,700 Page13 continued...
Blandford Evangelleal Church Notes to the FlnanclAI Statements - contlnued ror the Year Ended 31 March 2024 TRUSTEES, REMUNERATION APID BENEFITS 2024 2023 Tru51L'L'S' salaries Truslees, s(rial seeiirily Truslecs, po)sion conlributions lo moncy purchase schcnics 61,715 383 4,256 61.153 538 2,816 66,354 64,507 R¢mLineration and pension benefits have been paid io and on behalf of Ihe trustees E Carmichael and D Cannichael in their capacily as Pastors and J Whale in theii. capacity as Pastoral Support. This is in accordancc with Ihc Memorandum and Aniclcs of Associalion. Trustees, expenses During the year ended 31 March 2024, there are no disclosable expenses in the year12023: £nil). STAFF COSTS 2024 2023 Wages and salaries Social security costs Oiher pension costs 73,737 431 4.256 75,633 820 3,105 78,424 79,558 The average monihly nuinber of employees during the yeai. was as follows.. 2024 2023 Employees No employees received emolumenls in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslrirfed funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 115,144 12.794 127.938 Charltable actlvllles Ministry, mission, support and outreach 8,531 8,531 Investinenl income 348 348 To¢91 124,023 12.794 136,817 EXPENDITURE ON Charltable actlvfitles Ministry, mission, support and ouireach 125,877 12.726 138,603 Page 14 ontinued...
Blandford Evangellcal Church Notes to the FlnanclAI StAtements- continued for the Year Ended 31 March 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- Continued Unreslricled Restricted funds funds Total funds NET INCOMEI(EXPENDITURE) (1.854) 68 (1,786) RECONCILIATION OF FUNDS Tolal funds brought forward 83,371 723,687 807,058 TOTAL FUNDS CARRIED FORWARD 81,517 723,755 805.272 io. TANGIBLE FIXED ASSETS Fixtures and riltings Freehold property Plant and machinery Computer equipment Totals COST At l April 2023 Additions 724.128 36,482 230 4,096 1.878 766,584 230 Ai 31 March 2024 724,128 36,712 4.096 1.878 766,814 DEPRECIATION Al l April 2023 Charge foi. year 20,726 965 24,570 2,430 3,305 159 1216 49,817 4.165 Al 31 March 2024 21,691 27.000 3.464 1,827 53,982 NET BOOK VALUE Ai 31 March 2024 702,437 9.712 632 51 712,832 Al 31 March 2023 703,402 11,912 791 662 716,767 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other deblors Prepaymenls 9.754 1,883 10.346 1.802 1,637 12,148 Pagc 15 continucd...
Blandford Evangellcal Chureh Notes to the FlnanclAI Statements - continued for the Year Ended 31 Mareh 2024 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade credilors Social security and other taxc5 Oiher crcdilors Accrued cxp¢nses 1.102 4,140 41 2,760 2,105 41 2,700 8,043 4,846 13. MOVEMENT IN FUNDS N¢1 movement in funds Transfers between funds At 31.3.24 At 1.4.23 Unre5trlct¢d fund$ General fund Monday fellowship Footprints toddlers group Building Survey 68.200 1,248 2,069 10,000 (5.270) 258 (541) (30,1271 32,803 1,506 1.328 40,000 30,000 81,517 (5,553) (127) 75,837 Restrl¢ted fund$ Building fund Bagwcre Siinon and Sarah Deveraj Phil and Sylvie Good Dorsel Youih for Christ New Oven DYFC- Chrisimas 2023 722,220 300 1,024 60 151 (965) (300) {20) {60) (151) 490 {127) 721,255 1,004 490 127 723,755 (1 133) 127 722,749 TOTAL FUNDS 805,272 16.686) 798,586 Page 16 continued.
Blalldford Evangelical Church Notes to the Flnanei*l Statements - eontlnued for the Yegr Ended 31 March 2024 13. MOVEMENT IN FUNDS- continued Nel movement In funds, included in th¢ above are as follows.. Incoming resources Rcsources expended Movemcnl in funds Unrestrieted funds Gcncral fund Monday fellowship Fooiprinls toddlers group 122,917 1,880 1,337 1128,187) (1,622) 11,878) (5,270) 258 {541) 126,134 <131,687) (5,553) Restricted funds Building fiind Bagwere Simon and Sarah Deveraj Phil and Sylvie Good Dorset Youth for Christ New Oven DYFC - Christmas 2023 (965) 12.430) (7,427) 1601 (1.932) {963) {300) (20) (60) (151) 490 (127) 2.130 7,407 1,781 490 ,568 (1 ,695) 13,376 (14,509) (1,133) TOTAL FUNDS 139,510 1146,196) {6,686} CompAritives for movement in funds Net movement in funds At 31.3.23 Ai 1,4.22 Unrestrlcted funds General fund Monday fellowship Footprints loddlers group Building Survey 70,726 1,133 1,512 10,000 (2,526) 68.200 1,248 2.069 i 0,000 557 83,371 {1,854) 81,517 Restrlcted funds Building fund Bagwere Simon and Sarah Deveraj Phil and Sylvie Good Dorset Youth for Christ 723,185 (965) 300 522 60 722,220 300 ,024 60 502 723,687 68 723,755 TOTAL FUNDS 807,058 11,786) 805,272 Page 17 continued...
Blandford Evangelical Church Notes lo the Finaneial Statements- conllnued for the Year Ended 31 March 2024 13, MOVEMENT IN FUNDS - coTrlinued Comparative ncl movcmcnl in funds. In¢lud¢d In the above ar¢ as follows- Incoming resources Resources expcnded Moveinent in funds Unrestrieled funds General fund Monday fellowship Footprints toddlers group 120,799 1,768 ,456 {123,325} 11,653) (899) {2,526) 115 557 124,023 (125.877) 11,854) Restrlcted funds Building fund Bagwere Simon and Sarah Devcrdj Phil and Sylvie Good Dorset Youth for Christ {965) (2,497) (7,905) (100) (1,259) 19651 300 522 60 2,797 8,427 160 ,4lO 12,794 (12,726) 68 TOTAL FUNDS 136,817 {138,603) (1,786) A current year 12 months and prior year 12 monihs combined p051tion is as follows: Net movemenl in funds Transfers between funds At 1.4.22 31.3.24 Unrestrieted funds General fund Monday fellowship Fooiprinls toddlers group Building Survey 70,726 l.l33 1,512 10,000 (7,796) 373 16 (30,127) 32,803 1,506 1,528 40,000 30,000 83,371 (7,407) (127) 75,837 R¢strlcted funds Building fund Simon and Sarah Deveraj New Oven DYFC - Christmas 2023 723,185 502 (1,930) 502 490 (127) 721,255 1,004 490 127 723,687 11,065) 127 722,749 TOTAL FUNDS 807.058 (8,472) 798,586 Page 18 conlinucd...
Blandford Evangellcal Chureh Notes ¢0 the Flnanclal Statements- contlnued for the Year Ended 31 March 2024 13. MOVEMENT IN FUNDS- eontinued A curi'eni year 12 Inonths and prior year 12 monihs combined net iiioveinent in funds. includcd in Ihe above arc as follows., Incoming resources Resources expended Movcmenl in funds Unrestrlcted funds General fund Monday fellowship Foolprinls toddlers group 243.716 3,648 2,793 (251,512) (3.275) (2.777) {7,796) 373 16 250,157 (257.564) (7,407) Restrieted funds Building fund Bagwere Simon and Sarah Deveraj Phil and Sylvie Good Dorsei Youth for Christ New Oven DYFC- Christmas 2023 {1,9301 14,927) (15,332) (160) (3,191) (1,930) 4,927 15,834 160 3,191 490 1,568 502 490 (127) (1,695) 26,170 (27,2 51 (1,065) TOTAL FUNDS 276,327 {284.799) {8,472} Unreslri¢led funds Monday fellowship ihis fund is aimed for those approaching and enjoying retirement who want to meet on a Monday for a lime of worship and fellowship. Footprints toddlers group - this fund aims to bring tO8ether in the Christian faith babies, ioddlers and their carers. Building Survey . this fund has been set aside by Iruslees to undertake a building survey on rhe church and Ihe adjoining building and to complete any repairs or maintenance required as a result of the survey, Restrlcted fund5 Building Fund - this has been set aside with the aim of raising funds to move to a mre suilable premises. Siinon & Sarah Deveraj -Ihis nd is for gifts to support Siinon and Sarah, who work at the Bethesda project in India. Dorset Youth for Christ - this fund is 10 support the work of "Dorset Youth for Christ" in Blandford and the surrounding area. DYFC Christmas 2023 funds were restricted for use for the Christmas appeal for Dorsei Youth for Christ. This fund is now closed bul some Gift Aid from HMRC a1Ved after Ihe year end. Bagwere - for Bible trdn51ation inlo Ihe Lugwere language used by the Bagwere people in Uganda. Phil & Sylvie Good- to fund the work of Phil & Sylvi¢ Good wilh the Church Mission Society in Lebanon. Page l9 continued...
Blandford Evangellcal Church Notes to the Financial Statements- continued ror the Year Ended 31 Mareh 2024 ij. MOVEMENT IN FUNDS - contlnued New Oven - fund% reslriclcd for the purposc of puhaSing a n¢w oven for the chui-ch kitchen. The church plan to request fvrther donations and Ihen purehasc a new oven. Transfers between fund5 A Irdnsfcr has occui'rcd in the year from the General fund lo the Building Survcy designated fund. A iransfer lias been made in the year from the Gencral fund to the DYFC Christinas 2023 restricted fund to covcr for Ihe overspend during the year. This resulted due lo a gift aid debtor rccognised al the year end therefore this transfer will be reversed in Ihe following year end upon receipt of ihe income. 14. RELATED PARTY DISCLOSURES During the ycar ended 31 Mai'ch 2024, six trustees (2023 81 contributed amounts lolalling £15.550 in donated funds wiihout condiiions12023 - £16.250). In Ihe prior year, S Alfazema, the wife of trustee M Alfazema, received remuneration (including employer conlribulions} lolalling £3,454 for her role as Director of Children and Youih Minislry up until M Alfazema retired as a trustee on 31 sl May 2022. 15. ULTIMATE CONTROLLING PARTY The ¢harity is controlled by the trustees who are all directors of the company. Page 20