thepeopleschurch
TO FOLLOIV JESUS, TOGETHER. TO CHANGE TYE WOItLD.
Trustees, Financial Report
For the peri(Jd
1 January 2022 10 31 December 2022
Contents:
Income and Expenditure Analysly
Stat8ment of Assets and Ll8bIli￿s
Independent Examinerfs Report
Annual Report
Telephon•. 01295 268351
Emoil. Info@Ihepeopleschurch.org.uk
www.thepeopF•schurch.org.uk
Th¢ P•op185 Church, Horsefoir,
Bonbu
OX16 OAH

The Peoples Church
Income and Expendilure Anatysis
January- December 2022
TOTAL
Income
40005 Foodbank Income
40006 Gift Aid Rocove￿I
40007 Grants t8cefvod
40008 Churth aLtlvities oift
40009 Legacy Incomè
40010 Rental In￿rne. A￿S I￿￿ne & Hlre of ladNile8
40011 Tlthgs & Offerf￿5- Standing Ord8r
40012 Tlth8s & Off•rlngs. Sunday Cdl&tKJn
40020 Interest r￿fved
JAN. OEC 2tr22
JAN- DEC IPY)
64,038.04
26.224.09
$0,103.56
12,719.18
33,767.98
14,355.00
19392.50
104,667.99
10.706.29
1.639.85
24,498.00
91,550.50
2,884.53
247.70
TOTAL
Exp8ndftur8s
Olroct Char5talJe Expand￿18
60001 Soclal Mad181Adv*h.￿lyPT{*￿g
60003 Baptl$l Unlon Hom& Mlsslon
60004 Books, Inlofmatton and PLtAfcatton8
60006 conlers￿l$￿S
80007 Donations
60009 Foodbank costs
60010 Foodbank motor 8xpèr
8￿12 Hospkalty
60013 Klds Church 8xpw
6001S Music and Ilcerus
6(hJ16 Salaguardlng
80017 Subscripts'ons
60018 Vls6Ing woachors
60020 Youth 9xpons08
2.742.96
1.21MI.Ch)
645.39
5.922.96
1.200.00
228.61
350.00
2.344.00
4,584.65
1,656.48
460.11
148.73
3.751.01
201.94
1,844.
32.555.96
2.021.64
3,321.13
888.92
1.283.28
149.58
1,321.40
3,479.65
86Ui
1,67123
Slatt C08ts
61￿7 Manse costs
61002 Pewons
61003 Stall trwnirg & wellaro
61(W Wages and salw￿$
14388.85
14.591.72
1,330.00
91.292.21
13,312.18
12,719.61
2,712.00
102.959.65
Support Costs
62001 A(tounta
62004 Cleaning
62005 Equipmerrt expenwj
62006 Equipment hire
62007 Insurance
62008 Legal and profes9on￿ faes
62010 OfficelGgneral Adminislrativa EX[￿S
62012 Relurtmshmgnt otchurth
518.40
88224
$81.98
2,043.94
3.507.14
518.40
291.14
1,268.97
1,725.17
3,300.05
3,540.CII
348.79
12,331.09
f8.000.00
Cash BasÉs Thur<¥3*ty, S Octobw 2￿17 1n--

The Peoples Church
Income and Expenditure Analysis
JaNary- December 2022
TOTAL
Jfvth4- DEC 2022
JAN - DEC 2021 IPY)
3,799.57
853.25
1.106.17
62013 Repairs and maintenance
62014 Soflware and Websii8 Cc6ts
62015 T8le*)oro and trKo*lband
7,915.65
1272.36
1.026.88
Uiilities
63001 Ele¢triGty
69002 Gas
e3003 Wastè D￿￿￿1
63004 Waler
2.180.6t
2,382.17
1.4&3.$2
1 J17.32
2,843.75
3.937.62
732.00
997.62
ieJ•
NET OPERATING INCOME
NET INCOMEIIEXPENDITUREI
C8$h 845is Thursdey. 5 Ocwt)er 2023 10'3S am GMT+01..IKI

The Peoples Church
Statement of Assets and Liabilities
As of December 31. 2022
TOTAL
SOF DEC31. 2￿12
AS OF DEC31. 2021 IPYJ
Flxed Asset
Tangiblg assets
IC￿? Motor Vehlckn Cost
5216.(M)
5.216.00
Cash al bank and In harbs
11001 CuNent Accounl
11003 Fo¢xI Bank Proje
11004 Saver Account
Toldcath
30.515.13
121.831.34
30.000.00
12.717.44
92265.90
10,000.00
Current Assèts
12001 8UC Trust FurKI
75.438.04
119,106.75
NET CURRENT ASSETS
NET CURRENT ASSETS ILIABILITIESI
TOTPL ASSETS LES8 CUARENT LIABILITIES
TOTAL NET ASSETS ILIABILlnES)
Charty funds
Reslricled Funds
Restricted- Food 8ank FUTVJ
121.831.34
92.865.90
R￿aIned Earnlngs
Unrgslrkled Fund8
D881gnated- 8UC Trust FUNI
Deslgnat8d - Captt* FuTrJ
Unre8lricle(l - Qenoral Fund
0.00
75,438.04
44,837.00
.2.700.29
119,106.75
17.539.00
-12.720.01
SurplusllDetirJtl
f3,594.42
23,114.45

Independent Examlnefg Report to the Truslees I P41emborn of The Peoples Church
My report is for the a￿￿￿ts for the pericmj ended 31 December 2022.
Respoctlve responslbilitles of trustees and Oxamlner
The Charity'8 Trustses are r6sponsible ft)r the preparab'on of ihe ac£wnts in acLYJrdanc8 wilh the requlremènts
of the Charities Act 2011 {Ihe Acr).
The Charty's Trustees conslder that an audlt is not required for this year under section 144 of the Act arKI that
an independent examinatlon Is needed.
It18 my responsibilty to".
examine the accounts under sethion 145 of the Charilies Act.
k) follow the applicable Dlrections given by the Charity Commlssion uThler 88ctlon 145(5)(b) of the Act, 8nd
to state whett)er partlcular matters have ¢om8 to my attention.
Basls of Ind•pendont Examlnof• r•port
My èxamlnation wa8 carried out In a0￿rdance with general Dlrections given by the Charity Commi88lon. An
examination includes a review of the accounting records kept by the Charity and a comparison of the accounts
presented with those records. It 8180 includes ￿nSIderatIon of any unusual it•m8 or di8do8ureg in th
accounts. and seeking explanations from the Trustees conceming any such matters. The proc*dure$
undertaken do r￿t provide all the evidence that would be required in an audtL and ¢onsequently no opinlon is
given a8 to whether the accounts present a Irue and fair vigw ar)d the report is limited to th08e matters Set out
in the statement below.
Independent Examlnerf8 •taloiiMnt:
In connects'on wrth my éxamlnation, Th) mat8rlal matter3 have CA)me to my atten￿on which gives me rAu8e to
believe that in, any material respect..
accounting records y￿re not kept In accordance wtth sectk)n 130 of the Cheritie$ Act or
the accounts do not 8ocord with the a¢ccrfJntsng reo)rds.
I have no concems and have come across no other matters n connectkln with the examinatlon to which
attention shoukl be drawn in order to enable a proper understandlThJ of the acxounts to b8 reached.
T Edgo
Datod S

CHARITY COMMISSION
FOR ENGLAND AND WALES
Trustee< Annual Report for the perlod
From
01 January 2022
To 31 December 2022
Charfty name:
The Peoples Church (Banbury)
Charlty re8lstratlon number. i￿n
Objertlves and Artlvlties
Summary of the
purposes of the
charlty as set out in
its govemlng
do¢ument
PJra 1.17
he Objert5 of the Church are for the public benefit:
to advante the Christian faith;
to relieve those In need by reason of youth, age. ill-health,
disability, financial or other disadvantage In our communlty,
nation and the world in such ways as the Church Leadership from
tlmetotime maythlnkfit; and
to advance education in our eommunlty, nation and the world In
such ways as the Churth Leadership fmm tlme to time may think
fit.
The main activltles have comprised:
Sundays:
Main Servlce open to all.
Kids Church
Youth Provision
Summaryof the
main actlvities In
relation to those
purposes for the
public benefrt, in
particular, the
activitles, projects
or 5ervlces
identified in the
accounts.
1.17
Llg
Through the week:
Small Groups- Fellowship, Prayer & Bible Studv
Socials
Youth
Alpha
Short Courses
Foodbank for people in financial crisis in need of emerqency food.
Host for NHS Blood Donors
The artiv￿eS of the churd) are open to all.
Ithough the Trustees have not expliatly reviewed the guidance. the
hurch ha5 alW￿S been run for the benefit of its congregation and the
ider community. Through the biblical teachings. the advantement of
e Christian faith sees the attendees changing their attitudes and
ehaviour5 over time. Additionally, the church's services and activities
re available to anyone and everyone. The outreach through the
oodbank is also for the public benefrt, regardless of race, gender,
aith or ability.
Statement
confirming whether
the trustees have
had regard to the
guidance issued by
the Charity
Commission on
public benefit
Pava 1.18

Additlonal Infommtlon {optlonal)
You may choose to include further statements where relevant about:
Pollcy on grant
Nogrdnts are made
making
Policy on social
investment including
program related
investment
Contributlon made
by volunteers
Parn 138
No social investments are made
Parn 1.38
P4Tr 138
e church Telies on volunteers to function. This is not only during the
unday 5eN¢e. from welcoming people to helping run the service
tself, but beyond that to the mid-week small groups and involvement
ith Foodbank. This voluntary Work would total some 11)>200 hours
er week.
Achlevements and Perfomiance
)RP
Summaryof the maln
achievements of the
Charity, identifying the
difference the charl￿S
work has made to the
circumstan￿$ of its
beneficiaries and onv
wider benefits to
society as a whole.
P•F• 1.20
unday servi
ur con8reBation engaged in a number of teachin8 serles, Including..
Purpose Driven Life lour Lent series). Praying wlth Jesus. Immerse Bible
Reading serie5. Light Up lour advent series). The service5 were
ttended by approximately l(M>125 adults (ln additlon to chlldren and
outh) per week.
mall 8roups
8rowin8 number of people also engaged In our small 8roup
ro8ramme, with around SO PL)ople registered in 8roups by the end of
022.
Baptisms
adults were baptised in April and 4 adults in November.
Young people V￿re also baptised.
Ipha
Follovring on from baptisms we hosted two Alpha Course5 one in
prinyJsummer and one in autumn/wlnter.
Pastoral
pastoral team of 8 was formed and trained to support the pastoral
re ministry of the church.
Foodbank
In 2022 we fulfilled 2188 voucher requests for three days emergency
ood. A voucher represents a household and this meant that 3370
dults and 2105 children recetved emergenry food. This totsls 5475
eople fed. This is a 48% increase on the numbers using foodbank in
021. We were also able to give families extra food in the school
olidays to make sure that parents had food items to for children s
unches.

Is Churth
Kids Church consisted of one main seNice area in the thurch hall for
hildren aged between 5-11 years old, children younger than this age
ere welcomed to stay along with their parent or adult carer. We saw
6 children from 26 families attending sessions over the course of 3
undays per month. At that time there were 8 volunteers serving in the
ids team.
e supported over 40 young people from school years 7-13 through
ur Tuesday evening, Sunday morning provision, and monthly social
th programmes In the church. We started a Friday Night Football
ini5try fortnightly seeing 10-15 young people from both the church
nd the community attend. We brought 25 young people to a youth
estival in the summer.
Addltlonal Informatlon loptlonal)
You may choose to include further statements where relevant about:
Achievements against
objectlves set
Performance of
fundraising activitles
against objectlves set
Par• 1.41
P4v• IAI
During 2022 offerlngs and donations from church attendees were 32%
higher than in 2021.
a consequeno of the pandemic, the church bulldln8 remained
losed for services for significant parts of 2020 and 2021, with
esulting drop in regular offerings in th05e year5. Compared to 2019,
he most recent comparable period durlng which the church was open
hroughout the year. offerfn85 and donations In 2022 were 7% lower.
roughout the year, there continued to be a hi8h level of cash
onations received into the Foodbank, which has enabled the church
o continue meeting the inueasin8 level of demand across Banbury for
he support of the Foodbank.
Investment
performance against
objectives
P*ra L41
Flnanclal Review
Review of the charityls
financial position at
the end of the period
P*a Lll
Income for 2022 totslled £241.524, an increase of 12% compared to
021.
Expenditure in 2022 totalled £217.929, induding expenditure on
hurch refurbishment amounting to £18,QKKI {compared to £12,331 in
0211 and Foodbankcosts of £34.578 (compared to £6.241 in 20211.
Exduding those costs, expenditure in 2022 totalled £165,351. which
a5 5% lower than the 2021 total of £174.085.

statement explaining
the pollcy for holding
rese￿eS ststing whv
they are held
P*a L22
e Trustees have determined it is appropriate to hold 3 months of
perating costs in cash, totalling around £45,1)X).
dditional cash resew were held at 31 December 2022, in
nticipation of committed buildlng repalr costs scheduled for 2023.
nrestricted reserves at 31 December 2022 amounted to £141,169. Of
hat total, £75.438 is held in a Bapt15t Union Corporation Trust Fund,
nd the balano 15 held as cash reseNes.
Amount of reserves
held
Para L22
the unrestricted reserves total. £120.275 is designated as a capital
und for future capitsl expenditure.
estricted cash reserves of £121.831 are held to meet future costs of
he Foodbank.
IA
Reasons for holding
zero reserves
Details of fund
materially in defiett
Explanation of any
uncertainties about
the charity continulng
as a going concem
Para 1.22
Par• 1.23
here are no concerns about the charity a5 a going concem.
Addltlonal Informatlon loptlonal)
You may choose to indude further ststements where relevant about:
The charitvs prindpal
sources of funds
e prlncipal source of funds {excluding periodic fundraising a¢tlvities
lin¢ludin8 any
or specifi¢ projects such as church refurbishment) is from the offerings
fundraisin81
donatlonsl of the thurch attendees. This equate5 to around 80% when
he Gift Aid Is also consldered. This ineome is from a large number of
ndividuals. Donations Into the Foodbank are received from the local
mmunity and from corporate donors, as we51 as from church
ttendees.
1.47
n addition. around IO% of its income is from premises hire and
ereements to access the church's car park.
Investment policy and
objectives including
any social investment
policy adopted
A descrlption of the
principal rlsks facing
the charity
other
o investments are made.
Parn L46
e largest risk is that of individual donors stopping their giving. This
ould likely be a slow dedine over a period of months and require5
onitoring to ensure that giving is maintsined.
Structure. Govemance and Management

Description of tharivs
trusts=
Type of goveming
document
Itrust deed. royal
charter)
How is the charity
tonstituted?
le.g unincorporated
assoclatlon, CIOI
Trustee selection
methods includin8
details of anv
constitutional
provision5 e.
election to post or
name of any person or
body entitled to
appoint one or more
tnjstees
one
Para L25
rust deed
Para L25
e Churth is constituted as an unincorporated ass(Kiation.
r¥ L25
e process for appointing trustees is oudined in the Church's
nstitution in section 10.6. Thi5 15 by unanimous agreement of the
rust￿, conflrmed by the church's membership.
Addltlonal Informatlon {optlonal)
You may choose to include further statements where relviant about:
Policles and
procedure5 adopted
for the induction and
training of trustees
The charity's
organisational
structure and any
wider network wlth
which the charity
works
Relationship with anv
related parties
Other
P•r• i.si
LSJ
P4r* ISI
Reference and Admlnistratlve detsiis
Charity name
other name the charity uses
Registered tharity number
Charitvs principal add￿$
he Peoples Church (Banbury)
one
1137118
he Peoples Church,
orsefair
anbury
X16 OAH

Names of the charity trustees who manage the charity
Trustee n•n
OINce lff any)
Dates •¢ted frfnothr
Mm• otperson {or bodyl
entllled to•ppo5nt trustee
Ill wryl
ralg Corbett
hurch Secretary
Appointed
6 March 2022
lexander Sherwood
reasurer
tefan McNaSlv
Lead Pastor
arah Wllliams
ociate Pastor
uth Parle
Health & Safety
Merid De5ts
afe8uardin8
Appointed
18 September 2022
Appointed
30 April 2023
Markus Wise
uildin85
Name of trustees holdin8 tltle to prope
belon81
to the charlty
TNrt•• name
aptist Union Corporation Ltd
Funds held as custodlan trustees on behalf of others
Descriptlon of the assets held in
thls capaclty
Name and objects of the charityon
whose behalf the assets are held
and how thls falls withln the
custodian charivs objects
Details of arrangements for safe
custody and segregation of
sud) assets from the charftvs
own assets
Declaratlons
The trustees dedare that they have approved the trustee¢ report abo¥e. SI￿￿d on
behalf of the th•rltVs trustees
$18nature(sl
Full name{s)
lexander Sherwc
raig Corbett
Posltlon {e.g. Se(retary,
Chalr, etGI
reasurer
hurch Secretary
Date: