REGISTERED COMPANY NUMBEK. 0621M411 (Enoand and Wales) REGisfERED CHARITY NUMBEIL. Report of the and UnAvdited Flna#eW strt¢n￿ts for the Year Ended 31 Juty 2024 for The Unlversity Of Bedfordshlre Fkunmiical Chaplalncy Tnut l Grove Pla Bedford MK40 3JJ The Unlverslty ofBedfordshire Efun￿nI￿1 Chaplalncy Trnst Contents of the Financial Ststements ror the Year Ended 31 Juty 2024 Report of the Trnstees I to 4 IDdwendent Examiner's Report Statsment of Thn8D¢lal Actlvides Balanee Sheet Notes to the Ffinanclal StxteDwIts 8 to 12 Detalled Statement of FthaDcial Athities 13 The Universlty Of Bedfordshlre Ecumenieal Ch9plalncy Trust Report of the Trustees for the Year Ended 31 July 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the ehatity for the year endo4 31 July 2024. The tsvstees have adopted the provisions of Accounting ond Reporting by Charities.. Stslement of Recommended Prnctice applicable to charities Prep￿illg their accounts in accordance with the Fiuanciai Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (cffective l January 2019). Objecdves and Aedvldes The Chaplaincy is an expression of the Churches, contribution to Higher Education and its support of the Chaplains within the University of Bedfordshire. The Chaplains, putpose ￿ to fiffther that eommiknent to serve the Uuiversity of Bedfordshire. and to engage with the University and its members in particujhr by offeTing to the University the riches of the Christian faitlL In furthering this objectiv4 the Chaplaincy recognises and tejoic¢s in the multi-faith and multicultural naiure of tbe University and pledges to work in partnership with people of all faiths and non a charity. the UniveTsity of Bedfordshire Ecumenical Chaplaiw Tn￿1 is committed ￿ the advancement of d Cl)ristian religion. the promotion of religious harniony. and fostering Cowoperdtion. joint working and ￿ater efficiet amongst i(s members. We believe that the Christian faith is of benefit to individuals and society because it has. at its hearL God's intent to reconcile all people and the whole of creation to Himself under Christ as head This 1$ a vision which encompasses peace and cohesion, rnulual respect and self-giving love. Slgnlflrant aetivlties This past year h&s seen the work of Mrs Helen Burgess. the Lead Chaplain. develo￿ and a]so the appoiniment of a new Deputy Chaplain to the Team to begin in August 2024. The Deputy Lead Chaplain post ended in July 2024. Over the past year the Lead Chaplain has continued to build her team of paid assistants and volun*ers on both campuses Bedford and Luton. The Cbaplaincy Team Continues to establish good relationships with th¢ lo￿1 ¢hurches and other faith communitie4 and to work closely with the Community & Faith team of the Univetsity. In Autymn 2023 theff was a commissionin8 service for the Lead Chaplain led by the Bishop of Northampthn. which was well supported by students and staff from the University, local churches and other faith communities. The University Vicc Chancellor also attended. In July 2024, Peter W¢st, thc fonner Chair of UBEcf, was awarded an Honordry Fellowship of the Univetsity in recognition of his work with UBEcf and his contnbution to cbaplaincy Th¢ chaplaincy continues to providc day-t￿daY pastoral support for students and members of staff of the University together With opportunitie5 for prayer and friendship in the Treehow8e facilities on both (￿npuSe5. Other activities including the annual Carol service have also demonstrated the outreach and recognition of the work of the chaplaincy. The Chaplaincy is also awdilable to be consulted on relevant issues relating to faith. Public benefit In compiling this repo¢ the TNstees have given due regard to the public benefit guidance issued by the ChaTity Commission. The thjstecs consider that the range of activitie5 detailed iTh this report fi]lfill these requirements in that they benefit llll members of the University community. As a charity The University of BedfoTdshir¢ Ecumenical Chaplaincy Tntyt is c¢)))Thiitted to the 8dvancement of the Christian religion, the promotion of religious harmony. and promoting aF0peratiO￿ joint working and efficiency amongst its members. We believe that the Christian faith is of beDefit to individuaIs and society because it has at its heart God's intent to reconcile all people and the whole of Creation to Himself under Cbrist as head. This is a vlsion which encompass￿ peacc and cohesi0￿ mutual respect and self-giving love. Page I The University Of Bedfonlshlre Ecumenical Chapl&fncy Trust Report of the Trustees for the Y¢2r Ended 31 July 2024 NANC￿ REv￿w FinAne1￿ position The results for the year are set our in the altached Statement of Financial Activitie& The results are considered to be satisfactory by the trustees. During the year the Diocese of St Albans need to be reimbursed lo the Diocese. as funded the chaplains costs and in due course some of these fimds will No provision been made for the costs to be relmbursed to the Diocese of SL AlbaDS. Res¢rves poli It is the policy of the thLStees to ensure th4t the charity has adequate reserves lo enable it to meet both its ongoing commilments in re8aTd to general charitsble iactivities, and its fll￿re fimding requirements. The trustees ideally r¢quire &8 reserves a minimum of three months, expenditure in order to meet any contractual and winding up co5￿ The trustees consider the current level of reserves to be spffieient for the present situation and requirernents of the charity, but will Continue to review the overall position and poycy al Tegular inteDrnls. Golng coneern The trustees are aware that conlinued financial stability of the cjwity relies on grdnt fimdiDg and service contracts together with donations from th¢ local community. The trustees therefore believe that the time frnnes for which its It inconx is a8r¢ed is reasonably assured and that ex￿ndit￿rA linked to gtanty a￿ also managed within similar time frames. P12ns include the Continuing inte￿Il0n of w Team members, the identification of any new needs of students and stsff, and any new regulations ￿lating to ffje operation of the Chaplaincy. The team will continue to implement trategies that manage, develop and empower the Community and Faith team to ensure they have the motivation and skills to deliver the mission of the Chapl&irKy within the strategy of the University. UBEcf continues to be appreciative of the participation and co￿Oper￿70n of the University and also the help of the DIC￿e of St Albans in the wactscalities of employmenL STRucfuRE,GOVERNANCE AND MANIGEMENT Governlng document The University of Bedfortshire Ecume1]ic￿ &plaincy Trust is a company limited by guarantee (company number 06204411) and is a regislered charity (cl)arity ,number 1119414), The governing instnullent of the tharitsble company is the Memorandum and Articles of Associatio revised by a resolution on 15th October 2018. In view of the enhanced role of the compatiy in overseeing the chaplaincy at all campuse5 of the University of Bedfordsbire. the name of the company was clwiged from Bedford Ecumenical Chaplaincy Committee to University of Bedfordsl)ire Ecumenical Chaplaincy TTr￿t as fiDm 29th January 2020. Page 2 The Universlty Of Bedfordshlre E¢umenlcal Chaplrdlncy Trust Report of the Trustees ror the Yar Ended 31 July 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Decision miking The rnembership has the legal responsibilities in the governance of the charity for electing the dIr￿t0[S. who also act as the trnstees. Its responsibilities include: the admissi