THE BAY CHURCH
Trustees Report for the year ending 31 December 2020
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The church has maintained its life as a worshipping and witnessing
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community, resuming more in-person activities as covid restrictions eased
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The weekly activities of the church are open to people from the community. Everyone is welcome.
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Weekly activities include a meeting to provide practical support to women
and children from a wide range of backgrounds.
- Andrew Hadley continues to serve the church as pastor.
The Bay Church Statement of Accounts for the year ended 31 December 2021
| Statement of Financial Activities for the year Receipts Gifts Gift Aid rebate Bank interest Total receipts Payments Accountancy Banking Error Catering Employment costs Equipment Evangelism and literature Miscellaneous Missionary gifts Missionary support - Cornerstone Rent and office costs Visiting preachers Youth Work Total payments Net receipts / (payments) for the year Statement of balances as at 31 December 2021 Opening balance Net receipts / (payments in the year Closing Balances Represented by: Current account Deposit account Total funds held at bank |
2021 2020 £ £ 38,565 68,170 10,218 9,696 0 0 |
|---|---|
| 48,783 77,866 |
|
| 150 150 0 3,040 0 225 39,179 41,860 411 234 1,647 2,543 1,853 442 2,910 2,400 0 4,000 6,911 6,907 240 320 487 300 |
|
| 53,788 62,421 |
|
| (5,005) 15,445 |
|
| 40,717 25,272 (5,005) 15,445 |
|
| 35,712 40,717 |
|
| 35,712 40,717 0 0 |
|
| 35,712 40,717 |
The Bay Church Notes to the accounts for the year ended 31 December 2021
Basis of accounts
These accounts have been prepared on a receipts and payments basis in accordance with the Charities (Accounts and Reports) Regulations 2008.
Funds
The Church operates unrestricted funds only.
Assets and liabilities
As at 31 December 2021, the Church held cash and bank balances of £35,712.
The Church is yet to claim Gift Aid rebate on donations received in the period 01.01.2021 to 31.12.2021.
The Church had no significant liabilities as at 31 December 2021
Payroll and related party transactions
A related party transaction is one where a trustee or member of their family receives a payment or remuneration from the Church.
Rev. Andrew Hadley, pastor and trustee, received a salary from the Church of 38100 per annum
Approval of the accounts
These financial accounts were approved by the Trustees on
17-Apr-21
Signed on behalf of the Trustees
Mr Andrew McMillen Trustee and Church Secretary
Independent Examiner’s Report to the Trustees of The Bay Church Cardiff
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2021.
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 2011 Act”).
I report in respect of my examination of the Trust’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 2011 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:
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accounting records were not kept in accordance with section 130 of the 2011 Act or
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the accounts do not accord with the accounting records
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.
Deryck Evans FCA
Institute of Chartered Accountants in England and Wales
4 Phyllis Avenue, Bridgend, CF31 3DD