THE BAY CHURCH
Trustees Report for the year ending 31 December 2022
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The church has maintained its life as a worshipping and witnessing community
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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 and a coffee and conversation morning for people in the local area.
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Andrew Hadley continues to serve the church as pastor.
The Bay Church Statement of Accounts for the year ended 31-Dec-22
| Receipts Gifs Gif Aid rebate Bank interest Payments Accountancy Employment costs Equipment Miscellaneous Missionary gifs Rent and ofce costs Visitng preachers Youth Work Opening balance Represented by: Current account Deposit account Total funds held Total payments Net receipts / (payments) for the year Statement of balances as at 31 December 2022 Net receipts / (payments in the year Closing Balances Statement of Financial Actvites for the year Total receipts Evangelism and literature |
2022 2021 £ £ 42,197 38,565 17,159 10,218 0 0 |
|---|---|
| 59,355 48,783 |
|
| 0 150 40,416 39,179 0 411 1,485 1,647 455 1,853 10,373 2,910 6,069 6,911 600 240 300 487 |
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| 59,698 53,788 |
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| -343 -5,005 |
|
| 35,712 40,717 -343 -5,005 |
|
| 35,369 35,712 |
|
| 35,369 35,712 0 0 |
|
| 35,369 35,712 |
The Bay Church
Notes to the accounts for the year 31-Dec-22
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 2022, the Church held cash and bank balances of £35369
The Church is yet to claim Gift Aid rebate on donations received in the period 01.01.2022 to 31.12.2022.
The Church had no significant liabilities as at 31
December 2022
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 £40,000 per annum (with effect from 01.08.22)
Approval of the accounts
These financial accounts were approved by the Trustees on 28-Apr-23
Signed on behalf of the
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 2022.
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
27/04/2023