Great Shelford . Free Church Annual Report of the trustees for the year ended 31st March 2023 Charlty Name." Great Shelford Free Church IBapllsll also known as GSFC Reqlstrotlon Number.. Address.. 1141345 GreotShelAorf Free Church (Baptlstj High Street Great Shelford C822 5EH Property Trustees.. The Baptist Unlon Corporation Baptist House 129 Broadway Dldcot Oxfordshlre OXII 8RT Trustees.. (Leadershlp Team) Rev'd, Martin Cockerill Mrs Diana Parr Elder Imini5terl (Until 31, July 20221 Elder Imlnlsrerlal Assistantl (Acting Pastor from I" August 20221 Elder Secretary Church Treasurer Deacon Deacon Deacon (Term ended 21 October 20221 Deacon (Term started i" November 20221 (Term a5 Treasurer ended 31" March 20221 Mr5. Liz Jenkin Mrs Jillian Hardwick MT Stuart Watt Mr Colin Jefferson Mr Christopher Smith Mr Blsmark Donkor Mr Graham BriKoe Mr Neville Fisher Bonkers.. Barclay5 Bank plc Independent Examiner.. Mr john Stirrat FCCA, Hardca5tle Burton INewmarketkLimited, Chartered Certified Atcountants
Acting Pastorfs Letter This past year ha5 seen a big change in the life of GSFC with our pastor of the last 8 years moving into a new calling elsewhere, and the beginning of our search to find the person who God is calling to fill that place for the next stage of our ministry here. A time of interregnum can be difficult, a time of waiting and wondering, but it is also a time in which we can be drawn closer to God, both as individuals and as a body of believers, and a time when we can grow closer to one another, as we support one another and step up to take on additional duties which arise. We can build on the work that has already been done: we can contlllue to dig deeper wells, growing in our own faith, and encouraging one another as we meet together to put down strong roots. We can also continue to have wide doors that not only welcome in all comers but through which we can take out to the community that which we have taken in ourselves. Our wide doors also encompass the wider body of Christ as we seek to work longside other churches in this communitv. Our verse for 2023 is Hosea 10-12 '1t is time to seek the Lord, until he comes and showers righteousne55 on you., We are in that time of seeking the Lord, and I pray we will continue to seek him diligently until he comes with his showers of great blessin8s: his righteousness in which we experience his love, his mercy, his forgiveness, hls power and his presence. The be8inn ing of that verse in Hosea speaks about sowing and reaping and breakin8 ilp unploughed ground and as we look forward to the year ahead we seek to step out into all that God has for us In this church and in this community. We seek to break into new ground where we will sow the good news of the gospel of Jesus Christ into the lives of those we meet, and to reap a harvest for the Kin8dom of God. This 15 something we cannot do in our own strength and authoritv but only with the stren8th and power of the Father, so let us be encouraged to continue to seek his face, to hear his voice giving direction for the way we need to go and then moving forward to follow where he leads. Dlana Parr Acting Pastor Church Secretary's Report As we began this year, I thought we were about to begin a "normal" year. The restrictions of COVID were behind u5, and we were looklng forward to a restored way ofworkin8. But that was before Martin informed us that he and Clare had decided to move on and continue their mini5trv in Northallerton on the 3, April and our administrator Maxine left to take up a new role at the end of April. So, not a normal year but a year nevertheless of Breat purpose and outreach. As I be8in to recount what we have done, the danger is I miss something and unintentionally cause offence. If I have missed an event or activity I'm really sorry. At the beginning ofthe year, we were encouraged to complete the document that recounted our story and journey, that Paul Joel had begun in July last year. This proved a very useful document when we came to think about our Church profile in October and really focused in on the Church we believed God wanted us to be. After Easter, we ran a Hope Explored course, several non-christians came and Diana and the team were able to share their faith with them. Martin and the family left at the end of July,. they didn't want a fuss just tea and cake. It was sad to see them go but they went with our love, blessing and good wishe5. With the manse empty, Stuart Watt and a small band of helpers (thank you all) set about doing necessary improvement works
and decorating. Stuart worked tirelessly, Scheduling both workman and volunteers with military like precision before we welcomed a Ukrainian family to live there on a 6 month5 lease. In September, Margaret Cletheroe joined the team as our administrator. We opened Cara Coffee durin8 the Fun Run and hosted another successful Eco Fest. As already alluded to, in October we spent a Saturday afternoon talking and praying about our church profile. A lot of prayer had already 8one into this, as we were encouraged to pray throughout July and August and met on a Sunday in September to pray collectively before continuing the conversation at two church members meetings. November saw us hosting the joint Remembrance Service with St Mary's before we went to the village Cenotaph. That morning Kids, Club swelled dramatically a5 25 plus brownies and guides joined in. We also planted Hope, giving away tulip bulbs and literature explaining the Hope we have in Jesus on two Saturday mornings. The second Saturday was the Operation Christmas child Christmas box packin8 extravaganza and cake sale. December saw a return to the traditional venue for the village community carols outside the Memorial hall on a very cold and snowy evenln8. A brass band accompanied the carols and both Diana and Rev. Julie Norris, the recently installed vicar of St Mary's. spoke. During December there were further opportunities to meet to worship on Christmas Eve and Chrlstmas morning. We started the new year with a week of bible reading and prayers, reading through Isaiah. It was 800d to proclaim God's word out loud. Next year we are hopeful we can continue our closer workin8 With St Mary's, if you read on you can learn about the collaboration on open spaces and we have already Spoken about the remembrance service. We have tried to be generous with our premises. hostin8 GenR8 assembly rehearsals and team meetings. This year we built on our strong relationship with Shelford Primary School. Liz Jenkin lead collective worship 12 times and Lesley Cornell facilitates the Permanent Prayer Space, explaining the themes to the children during assemblies. As the financial year came to an end and we looked forward to Easter, we were able to host children from Shelford School for an 'Experience of Easter" behind Cara Coffee. This is a children's version of the stations of the cross and was a wonderful opportunity to tell the children the Easter story. The ministry reports that follow, detail what else has been 80in8 on throughout the year, quietly supported by dedicated church members keen to Share theSr time and faith with others. Membershlp On 31, March 2023 the church had 75 members, four of whom do not currently worship with us and we are awaiting a request to transfer their membership to their new church. We said goodbye to three of our members Jeff Woodfin who died in May 2022, Roy Adam5 who died in September 2022 and Helen N icholson who died in October 2022. All greatly missed. Martin and Clare Cockerill resigned when Martin ceased to be our Pastor and they moved to their new church. Anthony and Chloe Watkins decided to come offthe membership list as they no longer attend. Leadership Team The Leadership Team and the Elders met approximately every fortnight during the year. The Moderator also attended meetings from September 2022.
Neville Fisher left the Leadership Team on 31, March 2022. Jillian Hardwick was re-elected as Secretary at the May meeting. Liz Jenkin was re-elected as an Elder at the July meeting. Graham Briscoe was elected as a Deacon in the November meeting. Members who attended the May meeting in church voted on the evening and those meetin8 on Zoom were sent voling papers and asked to return them within a week. The July and November meetings were in person only meetings. Short ministry reports now follow Children's work Diana Parr and Clive, the much-loved orangutan puppet, continued to feature in our services, and for the first part of the year remained the link wlth our teaching sessions in Kids, Club. The children remain In church for the first part of the service before leaving for their own session. A well-attended All Saints, Eve celebration took place behind Cara coffee. Families were invited to sign up on the church website and those who came enjoyed a BBQ crafts and a trail around the village, which proved very popular with all a8es. The evening provided a chance to meet and learn little about Jesus and was much enjoyed by all who attended. From September, Penny Kite took over as leader of Klds, Club, 35 Diana took on responslbility as Acting Pastor. Each week, two members of the team lead a session that is focused upon the bible nd based around a narrative. We also work to input into Café Church, 50 that children attending that service may be fully included. During the February half term we hosted a family film afternoon. Open Space This last year saw the be8innin8 of a new monthly collaboration with St. Mary's Church. Th15 initiative is to enable familie5 to meet together in outdoor spaces to explore falth and connect with one another in an Informal time of worship. The sessions take place on Sunday afternoons. once per month, alternating between the 8rounds of St. Mary's church and the church garden behind Cara Coffee. We be8an in September and since then we have had several families join us for these sessions, despite some very cold and wet weather, and we are beginnin8 to build relationships with families from both churches and from the wider community, as we explore dlfferent aspects of our falth. Llttle Steps The Little Steps team has continued to serve the under 3s in the area, with their parent5 and carers. We have a steady attendance of about 20 families, many of whom have graduated from riny Toes. We have continued with our weekly newsletters and slimmed our data base to make sure that we comply with General Data Protection Re8ulations IGPDRI. Margaret has also worked hard to ensure that team members have appropriate safeguarding tralning and keep parents and carers well-lnformed. In the summer of 2022, we started a Freecycle, inspired by 'GrowBaby', an initiative of the Vineyard Churches. As a result, we encourage parents to brin8 clothes, toys or equipment that they no longer need, and give them away through Little Steps or Tiny Toes. Items can then be taken by other parents. our Ukrainian guests, Besom Baby Bundles lan initiative of the John Huntingdon Charity in Sawstonl and 'GrowKids' at the Cambridge Vineyard Church. Indeed, we thank God for all the blessings that we have experienced, not only for children, but
also for parent5, carers and the dedicated team too. Tiny Toes Tiny Toes is a group for parents and carer5 Wlth babie5 UP to one year old. It continues to be a very well attended group for new mums and their babies keen to meet up and connect with other people in the same situation. The opportunity to support and pray for and with these new mums has been a real blessin8. We have been pleased to see a number ofthese Mums and babies transfer into Little Steps during the course of the year. Community Café Community Café continues to thrive as people meet on a Monday morning sitting around the round table5 in the sanrtuary chatting to friends. The Café is really well attended and most Mondays there is the opportunity for a conversation with someone new. We have been delighted to See people we first met at Community Café joinin8 us for worship on a Sunday morning and the thought for the day, provided by a small Broup of church members. is well received by all who attend. Over the course of the year, we have had a couple of opportunitles to share a simple meal tO8ether after the Community Café. These events were enjoyed by all who attended. As in previous years, cake5 are provided by church members and served by a dedicated band of volunteers. We would love to see our church family, of any age, using the café. You are most welcome just to come and join in spending time chattin8 to other5. This is a real opportunity to serve our community. Eco church The church is currently a Bronze Eco church, although there 15 an intention to obtain the silver qualification next year. In May the Church Members, Meeting a8reed to offset our energy usage by paying to plant 9 trees in the East of England. This meant our 2021 energy usa8e was all renewably sourced or offset, The same will be done for our 2022 energy usage. In September we ran an Eco Festival featuring the Repair Café, representatives from the council, a baby's clothes swap, child ren's activities and various green retailers. It was an opportunity to witness to a number of people who otherwise wouldn't have entered a church. Prayer Mlnlstrv The prayer mlnSstry continues Wlth a small but dedicated group meeting via Zoom on a Sunday evening led by Bismark Donkor. Splittin8 into smaller 8roups has allowed for meaningful sharing and reflection5 and discerning on prayer points. Over the past year we have also introduced in-person prayer meetin8s in the church at 6.30pm on the days we have café church, focusing on prayer for the new pastor. We hope to continue the in- person prayer meetings even after a new pastor is appointed. Our prayer of intercession is led by members of the church on the 1$1 and 3rd weeks of the month, except when there is café church. They lead our prayers for our church, the wider community, our country. the world and prayer needs for people affected by war, conflicts, natural disasters and national issues affecting our daily lives. We also have mission months where we dedicate time to pray for that mission during our church service. If you would like to loln the rota for our prayer of intercession please contact Blsmark. Each week there is also an opportunity to share prayers or to be prayed for prior to the start of the church service, between 10.00 and 10.25am. This is mainly attended by the team leading the service on the day. The prayer chain has been very active after being relaunched at the beginning of March 2022. It
services both internal prayer requests and external prayer requests. If you would like to be involved in the prayer chain, it is not too late to join please speak to Bismark or Maria Begley who wi51 share the email address and WhatsApp numbers. If you would like prayer from the prayer team in person after church or at other time5, please contact Bismark. Maria, Anne Beresford or Penny Pearl who would be delighted to pray with you. Mission Following the reinvi8orating of our rni55ion fdcus last year, this year we continued to support eighth charities. Four were a given IBMS, GenR8, EBA Home Mission and SSYII and four were voted by members having been proposed by a mem ber with a particular heart for that mission. Each mission rep had a month to share their mission partner with the church through the Link, the church webslte, a focus noticeboard in church, at least one Sunday morning focus slot, either via video or in person and the opportunity for one official church fundraising event a year, or8anised by the rep in discussion with the leadership team. The missions we chose, and the representatives are set out below: BMS Lesley Cornell Centre of Hope Hands of Mercv DFN IUKI Graham Briscoe GenR8 Penny Kite Robin Blee & Helen Wood EBA Home Martin Cockerill Mission Diana Parr Martin arranged this before he left the church. ssyi Jean Chambers Frlends International Sarah Hogg & Jean Chambers The church also continued to support Operation Christmas Child. Jane Furlow led this work. Safeguarding The Safeguarding procedures were explained to the church at the July Church Members Meetin8 by the Designated Safeguarding Lead. The Safeguarding Policy wa5 sent out wilh the agenda for that meeting, and all those who work with children and adults in need of care asked to confirm that they had read, understood it and agreed to abide by it. Our new administrator has made great inroads into updatin8 all the DBS checks and booking people who could not attend last year onto the BU Level 2 course, and all trustees are now trained to Level 3. The si8ning and posters around the church have been updated. Warm Hubs Durin8 the period November to March the Great Shelford Parish Council rented space in GSFC so that our premises could be used for the warm hub. The Memorial Hall was used on a Wednesday when Little Steps were using the church. Refreshments Itea, coffee, biscuits) were available, as well as ma8azines and ji8saws. The church Wi-Fi was made available. A number of church members volunteered their time, although the number of people usin8 the warm hub was very limited. Worship Again, we are grateful to Charlotte Smith, Sarah Hogg and Laurence Wood for their keyboard playing and to the singers, instrumentalists and readers who serve in this ministry, including some
new folk. Worship is not always musical, and it has been good to include some drama, mime and creative prayer too. It is encouraging to see new volunteers on the sound desk, and more are always welcome. It has been a delight to start our 'Friday Evening Praise, sessions once niore, with a very uplifting spring session and we look forward to more to come. Youth work It is with great sadness that we have to report a severe decline in the number of youth worshipping with us and since the Cockerills left in August there have been no re8ular Sundav morning youth meeting5. We continue to prav for wisdom in the way ahead. The Trustees declare that they have approved the Trustees, Report. Signed on behalf of the Charlty's Trustees: Date Date
Financial review Financial policies The Church has established systems and controls for receipts and expenditure, in accordance with the Constitution ar4d Charity Law. These have been approved by Trustees and Members for the protectlon of the Church'5 finances and assets and also for the protection of individual member5 of the leadership Team. The guidelines stipulate what authority 15 required when purchasing goods or services and who may authorise payment5 from the bank accounts. To provide improved budgetary control, zero based expenditure budgets for the year to 31" March 2022 were prepared by activity leaders. These were discussed with the Church Treasurer and approved by the Trustee leadership team before belng approved by Church members, along with income expectations based on previous years and ariy known changes. The Church Treasurer who is appointed in accordance with the Church Constitution presents budgeted and actual Income and expenditure statement with identification and explanation of significant movement for review by the leadership team every two months and at least four times a vear to the Church Members. The annual church accounts are prepared and examined by external, qualified accountant5. Reserves Pollcv The General Fund Reserves have been set at 25% of the current year's budgeted expenditure. We have also started to rebuild the Development Fvnd due to the cost Saving of not havin8 ministerial assistant Post since August 2022. Thi5 reserve 15 for the Improvement of the manse in particular and for the overall mainlenance of the Church. Statement of Trustees, responsibilities Chariiv Law requires the Trustees to prepare financial statements for the financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources of the year and the application of resources of the charity for that period. In preparlng those finoncial statements, the Trustees are required to: Select suitable accounting pollcies and then apply them consistently,. Make judgements and estimates that are reasonable and prudent; Prepare the financial statements on the going concern basis. unle5S It is Inappropriate to presume that the charity will continue on that ba515. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the church and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the asset5 of the charity and hence for taking reasonable step5 for the prevention and detection of fraud or other irregularities. Risk Management The Trustees have examined the major strategic, business and operational risk5 which GSFC faces and confirm ihat systems have been established to enable regular reports lo be produced so that the necessary steps can be taken to lessen any risks of which at present none have been Identified.
Pensions Policy The Church pays pension contributions for it5 Minister, Ministerial Assistant and Administrator to the Baptist Ministers Pension Trust Limited, which was a final salary defined benefit IDBI scheme until December 2011. which is not contracted out of the State second pension. IFrom january 2012 it is a defined contribution scheme.) As a participating employer. one of 1400, in the DB scheme, known a5 the Baptist Ministers, PenSn Fund IBMPFI for the period I September 2005 and 31 December 2011, there is a liabllity for anv deficit fundin8 which is reviewed every 3 years.,In July 2022 the Fund announced an agreement with n Insurance company lust Group to secure defined benefits IDBI plon members pension benefits. This agreement is referred to as a 'buy-in policy,. It follows a similar agreement with Just Group in 2019 that covered most pensions in payment at that time. The combined agreements mean that lust Group are now providing financial backing for all DB pensions provided through the Scheme's DB Plan. As a result, this transaction take5 the Scheme out of a Shortfall position for the first time in two decades. Althou8h risks remain, the Baptist Union and the 8MPF Trustees have agreed that deficit recovery contributions in the DB Plan will reduce. For GSFC that gave a reduction from £356 to £1 per month from August 2022. Thi5 amount Is included within the staff and admln expense in Note 6 to the account. Prlnclpal Funding Sources GSFC derives its funding from voluntary gift5, free-will offerings and legacies which are received from its members and others who worship at the Church. Tax refund5 are also reclaimed on any offerings given under the Gift Aid scheme. The Church is heavily dependent on its membership worklng as volunteers in all aspects of the church'5 activities, many of whlch run with little or no impact on the church's expenditure, but nevertheless contribute substantially to the achievement of the church'5 objectives. The expenditure is Incurred to enable the church's PToBramme of services and activitles to be held. 12.5% 15 the Tithe Fund transfer of the General Fund's income given to other organisations as specifically agreed by the Church Membership. The rest of the General Fund expenditure is in respect of the Minister'5 Stipend and other employees of GSFC, the maintenance and running costs of the premise5, the Manse and general administrative requirements. Unrestricted Funds The Church has a General Fund, whlch is an unrestricted fund. This Fund is used to flnance the regular activities of the Church, and its principal income 15 from the free-will offering5 given to the Church by it5 members and other regular worshippers who attend the services arKY activities.
Designated Funds Social Action Fund Designated fund under the Charities Act and 15 intended to be used for grants and loan5 to members and others in special financial need. Building & Fabric Fund Designated fund under the Charities Att and has been used for the refurbishmentlrepair of Church buildings. A5 It depend5 on transfers from the unfestricted general fund the Trustees decided during the year that when the fund was depleted, refurbishment/ repair c05tS should be charged direct to the general unrestricted fund. Special Projects Fund Designated fund under the Charities Act and can only be used for any purpose approved by the Church membership. Special Projerts Imlsslon) Fund Designated fund under the Charities Act and can only be used for any mission-associated purpose approved by the Church membership. Church Tlthe Fund This desi8nated fund Is used to support the work of those involved in Christian seryicelaid work locally. nationally and internationally. The monies in this fund are provléed for annually to be paid the following year. Allocation is agreed by the Church Meetin8 in the year of payment. The Church Tithe Is currently set at 12.5% of 'free will offerings,. Tralnlng Fund Designated fund under the Charitie5 Act and to be used for costs of those preparing for Christian work either in the UK or overseas. Development Fund formally named Legacy Fund As this designated fund was used for the refurbishment of the tollets last year it was a8reed bv the trustees to Increase it as appropriate for the potential improvement and development of the manse and other Church buildings. Restricted Funds 'Otherf Funds donated for a variety of're5tricted' purpose5. Development of Premlses Fund. This is restricted under the Charities Act and con only be used for the development, but not the maintenance, of the fatilities, premises ond land at Great Shelford Free Church IBaptistl.
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES On the Financial Statements forthe Year Ended 31 March 2023 Independent Exarniner's Report to the Tru5tee5 of Great Shelford Free Church I report on the financial statements of the Church for the yeaf ended 31 March 2023 which com- prise the Receipt and Payment Account. the Balance Sheet and the Notes to the Accounts. Responslbllltles and basls of report As the Church's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the charit¢s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent exarnlners, statement I have completed my exarninatlon. I confirm that no m3terlal matters have come to my attention in connection with the examlnation 8ivin8 me cause to believe that in any material respect- accountln8 records were not kept in respect of the charlty as required by section 130 of the Act; or 2. the accounts do not accord wlth those records; or 3. the accounts do not comply with the applicable requirement5 concernlng the form and content of accounts set out in the Charities (Accounts and Reports) Regulation5 2008 other than any requirement that the accounts give a 'true and fair vlew. whlch is not a matter considered as part of an independent examination. I have no con¢ern5 and have come acros5 no other matters In connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. John Stlrrat FCCA Hardcastle Burton (Newmarket) Llrnlted Chartered Certified Accountant5 90 High Street Newmarket Suffolk Date: 30 June 2023
Receipts and Payment Account For the period from 01 April 2022 to 31 March 2023 Note Unrestricted Designated Restrlcted funds funds funds Total fund5 2022123 Total funds 2021122 Incoming Resources Voluntary Income Investment Income Charitable Activities Other Incomin8 Resource5 99135.52 14203 71 2441.70 23373.13 2720.00 9000.00 0.00 4360.30 0.00 101855.52 116274.85 0.00 23203.71 13965.57 0.00 2441.70 3016 53 0.00 27733.43 26415.12 Totsl Incomlng resources 139154.06 16080.30 0.00 155234.36 159672.07 Resources Expended Charitable activities Governance costs 100502.17 1200.00 32039.84 0.00 0.00 132542.01 256714.78 0.00 1200.00 1168.00 Total Resources Expended 101702.17 32039.84 0.00 133742.01 257882.78 Net Incomlng Ioutiolnql Resources 37451.89 -15959.54 0.00 21492.35 -98210.71 rranslers Net transfers between funds -15174.53 15174,53 o.ou 11.0 Net 1ncomln8lout8oln8 belore other galnsllos5es 22277.36 -785.01 0.00 21492.35 -98210,71 Net movement in Funds 22277.36 -785.01 21492.35 -98210.71 Totals brought forward 26552.89 484569.03 303.80 511425.72 609636.43 Total funds carried forward 48830.25 483784.02 303.80 532918.07 511425.72
Balance Sheet as at 31 March 2023 Total Funds 2022123 Totsl Funds 2021122 Note General Fund Designated Restricted funds funds Fixed Assets Intangible Assets Freehold Property Fixed Assets 12 0.00 450340,68 0.00 450340.68 0.00 450340.68 450340.68 0.00 450340.68 450340.68 Current Assets Debtors Cash at bank and in hand Current Assets 9242.27 55917.42 65159.69 1230.00 32213.34 33443.34 0.00 10472.27 4925 84 303.80 88434.56 99748.91 303.80 98906.83 104674.75 Current Llobllltles Creditors.. Deferred Income Current Llab511tles 3829.44 125CQ. 16329.44 3829.44 43589.71 0.00 I25.00 .00 0.00 16329.44 43589.71 Net current assets 48830.25 33443.34 303.80 82577.39 61085.04 Net assets 48830.25 483784.02 303.80 532918.07 511425.72 Represented by Unrestricted General Fund Designated Funds Designated - Social Action Designated - Training for ministry Designated - Buildlng and Fabric Designated Special Projects Designated - Church Tithe Designated - Development 48830.25 48830.25 26552.89 io 4337.63 20C(J.94 0.00 0.00 4337.63 2000.94 2365.13 2000.94 451210.32 0.00 451210.32 460340.68 0.00 0.00 0.00 0.00 15174.53 16609.00 0.00 11080.60 3253.28 15174.53 11060.60 Restricted - Other Restricted - Development of Premises but not repairs Restricted - A8ency Collection Funds of the church li 303.80 303.80 303.80 0.00 0.00 0.00 48830.25 483784.02 303.80 532918.07 511425.72 The Trustees declare that they have approved the FlnaTrclJl Statements. Signed on behalf of the Charity's Trusto•$ Slgned Full Name Trustee Slgned Full Name GSFC Treasurnr
NOTE5 TO ACCOUNTS- Year ended 31. March Z023 Accounting policies Ba515 oAPreporatlon The accounts of the chLtrrch, whicfv is a public benefit entity under FRSIO2, have been prepared in accordance with the Charites Statement of Recommended Practice 2015 IFRS 1021, Financial Reportin8 Standard 102 and Accounting Regulations set out under the Charities Act 2011. They are prepared in sterling 1£). b. Donatlons Donations are accounted for gross when received. Leqacles Legacies are accounted for when their receipt is certain and can be properly quantified. Investment Incon Investment Income is included in the accounts in the year in which it is receivable. Fund Ra151nq and publlclty costs The Church does not make formal appeals for funds, therefore there is no expenditure. l. Grunt5 Payable The Church makes grants to other organisations whose charltable objects complement its work. They are accounted for in the year in which they are paid. g. Payments to Trustees (Note 6) Rernuneration is paid to the following trustees.. the Pastor and the Ministerial A5515tant for their roles within the church. The total amount is E33,90712021 £504011. It is not the Church's policy to di5c105e the amounts paid to each individual in thi5 Statement. Expenses of £ 475.5812021 £512.89lwere relmbursed to the Trustees during the year. These all relate to cost incurred by the Trustees in the course of their dutie5 as rnember5 of the Leadership Team. h. Governonce Costs This represent5 the Independent Examiner's fee for the year. The salary and associated costs of the Administrator is reflected in note 6. In general, most of the mana8ement is carried out without charge by volunteers and the Trustees of the church. This intangible cost Is not included in the Statement of Financial Activitie5, since there is no measurable cost to these people for their service. i Flxed Assets Freehold Property is included in the balance sheet at cost. The trustees do not consider it beneficial to the users of these accounts to obtain valuation
that would incur significant costs. The insurance value is reported in the note to the accounts. Items of equipment are wrltten off when acquired. Depreciation Depreciation has not been charged on the Church or Manse premises because, in the opinion of the Trustees, the residual value of the asset is not less than the original cost price. k. Investment Assets If applicable, quoted investments would be stated at market value. Voluntary Income 2022123 Total 2021II022 Total UnTe5trlcted De51gnated Restrlcted 89143.00 350.00 Glft Aid Offerln Other offering Donailons 89493.00 98041.00 8416.11 7350.64 2641.88 7350.64 2370.00 0.00 5011.88 9817.74 99135.52 2720.IX) 0.00 101855.52 116274.85 Investmenl Income Unrestrlcted DeslBnated 13800.00 9000. 403.71 Restrl¢ted Total Total Renl 22800.00 I38.00 Interest 403.71 165.57 14203.71 9000.00 0.00 23203.71 13965.57 Charltable Artl¥ltles Income Unrestrlrted Desl8nated Restrlrted 1074.85 Total 1074.85 1366.85 Total 1490.93 802.00 Evangelism Junior Church 1366.85 Youth 0.00 0.00 721.00 Church Weekend Leaders Conference 0.00 0.00 0.00 0.00 0.00 0.00 Other 0.00 2.60 2441.70 0.00 2441.70 3016.53 2022123 2(121ll2 Other Incoming resourtes Unrestrlcted O•slgnat¢d 87.50 Re5trfcted Total Total Gift Ald recovered 22260.75 22348.25 26405.2S Legacies Other contributions iooo. O.OD 0.00 iooo.oo 0.00 112.38 4272.80 0.00 4385.18 9.87 23373.13 4360.30 0.00 27733.43 26415.12
Charltable Artivities Unrestrirted Deslgn•ted Restrkted Total Tot•1 Staff and Admin Staff cost 44981.13 44981.13 76809.85 Employers cost5 Pension Deficit 3025.83 3025.83 75Q8.46 1433.00 1433.00 4185.57 49439.96 49439.96 88503.88 Staff Expense5 Youth and Children 695.30 695.30 653.87 486.29 486.29 2759.S2 Evangellsm Evangelisrn 1984.46 1984.46 1226.58 Prayer Mlnlstry sanctuary Resources Pulpit & moderator expenses Fellowship TraininB Courses Event5 and Materials 431.08 1289.84 431.08 320.53 1422.47 0.00 1289.84 1380.65 1380.65 60.00 1091.28 1091.28 1175.ljo 737.76 940.00 235.IKJ 290.80 Leaders Conference Mlsslon BU Home Mi55Ion 8MS World Misslon S5YI 0.00 310.00 4000.00 4000.00 4000.00 4000.00 4000.00 5569.00 1200.00 1200.00 1200.00 Open Door5 Frlend5 International DFN UK 0.00 iooo.oo 1200.00 1200.00 0.00 1200.00 1200.00 1200.00 1200.00 0.00 iooo.00 Hand5 of Mercy GenR8 1200.00 1200.00 1177.00 Pamola Centre of Hope Tearfund 0.00 1200.00 iooo.00 1200.1)0 iooo.00 1409.00 1409.00 0.00 Social Action Payment Administration Heatin81ln5lCtax Church Cleanlng Telephonellnternet Stationery & Postage Subs & Donations Rental Agent5 Fee5&1n5 Commission Repairs and Renewals Bank Charges Payroll. DBS. other fees Computer software Equipment & lease other 600.00 600.¢XO 0.00
10756.83 10756.83 10798.44 6670.58 6670.58 5343.14 2161.92 2161.92 1149.05 179.28 179.28 1443.46 2881.63 2881.63 1558.83 2012.09 1019.80 3031.89 1656.00 15079.65 12376.04 27455.69 115583.19 201.85 201.85 197.77 540.00 1200.00 1740.00 1034.30 o.oo O.OD 1214.70 1807.62 0.00 1807.62 4423.15 471.86 471.86 81.34 IfX1502.17 32039.84 0.00 132542.01 256714.78
Heatln8 Iins/Ctax breakdown HeatinyJLighting Water Charges Insurance 5154.85 3822.31 1242.47 913.85 3345 97 3020.86 Council Tax 1013.54 3041.42 Total 10756.83 10798.44 Governance costs Total 12LX).00 Total 1168.C Independent Exarnination Gross transfers between funds Unrestil¢ted Deslgnated ResirS¢ted Total Total Genèral lund Social Action Designated Development Bulldlng and Fabrlc ChL4r¢h Tlthe -15174.53 -15174.53 -41933.89 0.00 0.00 0.00 10238.89 15174.53 15174.S3 31695.00 -15174.53 15174.53 0.00 0.00 Analysls of net Assets FIM•d AM•t Investm•nt Current Totil Restricted Funds (Note 111 (Note 101 0.00 303.80 303.80 483784.02 Designated Funds Unrestricted Funds 450340.68 33443.34 48830.25 48830.25 450340.68 82577.39 532918.07 io Desl8nated Funds 2022-23 Incomln8 Resources Re50urce5 Expended 835.(K> Transfers Total Social Action 2365.13 2807.SQ 4337.63 Training for ministrv 8uildinB and Fabric Church Tithe Designated Dpvelopment 2000.94 2000.94 460340.68 4272.80 13403.16 451210.32 16609.00 16609.00 15174.53 15174.53 3253.28 9000.00 1192.68 11060.60 484569.03 16080.30 32039.84 15174.53 483784.02
Deslgnated Funds held In: Social Action Trainin8 for minlstry Building and Fabric Church Tithe Oesignated Develc*pment Current At Flxed Asset Investment Total 4337.63 4337.63 2000.94 2000.94 450340.68 869.94 451210.32 15174.53 15174.53 11060.60 11060.60 450340 68 o.(J) 33443.34 483784.02 li Restrlcted Fund$ 2022-2023 Incomln8 Re50urce5 Resource5 Current Expended A55•t 19.47 Prayer Garden Sound Desk 19.47 284.33 284.33 303.80 303.80 12 Freehold Property Hlitorlc toit Insur•n¢e V•lu•tlon 2313548 Church and Hall 267773 2054661 Manse 453 448000 342915 29 High Street 6 Graln Close 91000 91115 196957 256762 178889 227223 Total 450341 3215267 2803688 13 Contln8ent Llabllftv There Is a contlngent liability within the Lease with Romsey Mill Trust. There is a provision that should the Coffee Shop fail, the church will repay fitout costs of £19,116.82. This sum will be reduced at a daily rate of £10.47 starting from the date of the lease i.e. 20 March 2019 and expiring flve years later on 19 March 2024. Romsey Mill Trust is required to give the Church six months, notice to end the lease durln8 whlch period the fitout refund is not payable. As of 30 June 2023, the date the accounts were signed, the contingent liability is £2,753.61.