## Christ Church Exmouth
_Statement of Financial Activity_
_2022_
## ANNUAL REPORT AND FINANCIAL REVIEW
## Charity Commission: Christ Church Exmouth Year Ended: 31st December 2022
## REPORT FROM THE CHAIR OF TRUSTEES
The trustees are pleased to present the annual report and audited <=nancial statements of Christ Church Exmouth for the year ending 31st December 2022.
## Charity Objectives
Christ Church Exmouth is an independent evangelical church operating as a Charitable Trust. Our mission is to advance the Christian Faith in accordance with the principles and practices of the Free Church of England, also known as the Reformed Episcopal Church, as outlined in the Declaration of Principles in Schedule I of our Constitution.
## Structure, Governance, and Management
Christ Church Exmouth operates under an Unincorporated Charity Constitution adopted on the 6th of March 2011. All Church members are encouraged to participate in the Annual Congregational Meeting, where the Churchwardens and Church Council members are elected. All Church Council members also serve as Trustees. The Minister holds an Ex OP<=cio position on the Church Council and assumes the role of Chairman.
To ensure <=nancial integrity, the Church Council has implemented <=nancial controls that minimize the risk of fraud and irregularities and adopted other policies. Financial information is regularly presented at quarterly meetings, enabling the Church Council to monitor income and expenses ePfectively.
The Trustees serving during 2022 were:
- Bishop Josep Miquel Roselló Ferrer - Chair of Trustees and Minister
- Jon Liggins - People's Warden
- Julia Lowrie - Minister's Warden (from 1st March 2022)
- Maggie Liggins
- Nicky Norris (until 1st March 2022)
- Peter JePfery (until 1st March 2022)
- Simon Pike (from 1st March 2022)
- Viv Pearce (until 1st March 2022)
The Trustees convene monthly to oversee the management of the Church's charitable assets, <=nancial aPfairs, policy approval, and the ful<=lment of the Church's objectives. Furthermore, they ensure that all Church buildings are adequately maintained, insured, and protected against <=re and other risks. The Church Council approves the policies in accordance with the guidelines provided by the Charity Commission.
During the Annual Church Meeting, the Minister nominated three individuals to form the Minister's Advisory Council as outlined in the Canons. These council members assist the Minister in the spiritual governance of the church and participate in matters such as the reception, enrolment, dismissal, or discipline of Church Members. The members of this council for the reporting year were:
- Patrice Alessandra dos Santos Roselló
- Simon Pike
- Laura Empson
## Paid Members
Christ Church Exmouth employs or has employed two part-time and one full-time staPf members:
- The Minister (full-time)
- A Director of Music (part-time)
- A Cleaner (part-time)
## Statement of Public Bene<=t
The trustees have taken into consideration the Charity Commission's guidance on their legal obligation to provide public bene<=t and are con<=dent that the charity delivers such bene<=ts. The guidance on public bene<=t is consistently referred to when determining new projects to undertake.
We have developed various activities to serve and support the local community, including:
- Providing English classes for Ukrainian refugees.
- OPfering <=nancial assistance to families in need to cover bills and provide food.
- Delivering pastoral care to vulnerable individuals with mental health challenges.
- Organizing a Mental Health Conference to raise awareness and provide training to local churches and the community.
2
## Partners (Volunteers)
The Trustees express their deep gratitude to all the dedicated volunteers who contribute tirelessly to the well-being of our community in various ways. Without their commitment and ePforts, the Church's work would not be possible.
Activities, Achievements, and Performance
In 2022, Christ Church Exmouth embarked on a new journey with a renewed purpose, vision, mission, and core values. You can <=nd detailed information on these aspects at the following link: https://christchurchexmouth.co.uk/vision
Throughout the year, Christ Church continued its Sunday Morning and BCP Sunday Evening Services, witnessing an increase in Sunday attendance. The number of morning attendees rose from 64 in the previous year to 82 in 2022.
In addition to our Sunday Services, we held regular prayer meetings on Thursday mornings and Sunday evenings. We organized an annual Prayer Vigil and a monthly Prayer and Worship gathering, providing opportunities for spiritual growth and connection.
Our congregation actively participated in three Life Groups, with approximately a quarter of the congregation engaging in these small group gatherings.
The children's ministry remained vibrant, supporting families through resource provisions, and organizing the successful toddler group, “Arise and Shine”, which catered to 30-50 children. Sunday mornings saw active involvement from children and families, fostering a sense of belonging and spiritual development. During the year, Christ Church has four All-Age Services, a Christingle Service, and a Carol Service.
3
The Youth group continued to meet regularly, and we were thrilled to send a young man on a short-term mission to an Anglican church in Fleming Island, South Carolina, USA.
Our Pastoral Care Ministry played a crucial role in supporting the church family and the wider community in Exmouth. We conducted training sessions to equip our team in addressing the challenges of the 21st century. Pastoral Care arranged a Warm Welcome Space every Tuesday afternoon, which was open to the community. In addition, they coordinated Meal Rotas to further support those in need.
The women's ministry, 4Women, successfully organized a women's conference and various activities for young women at Christ Church.
Similarly, the men's ministry, 4Men, held social events such as a BBQ Evening and a Pin & a Prayer, providing opportunities for fellowship and growth among the male members of our community.
In addition to our Weekly Newsletter, we introduced The North, a bimonthly magazine. Furthermore, we produced a range of booklets and articles for publication and free distribution.
The Maintenance Team dedicated their ePforts to the upkeep of our buildings. This year, we invested signi<=cantly in repairing the torrents of the church and addressing maintenance needs in the garden, manse, vestry, and hall. We renovated the toilets, painted the rails, and refurbished the steps to the balcony.
The Minister's Compassion Discretionary Fund provided <=nancial aid to families and individuals in need, totalling £4,016.00.
Our Minister undertook two visits to Ukraine during the year. In November, Christ Church, in collaboration with other churches in Exmouth, raised £6,300 in aid. These funds were used to purchase medicine and food to support churches in Ukraine. Additionally, the Minister visited Kenya to speak at a conference organized by NAMS. This event provided valuable training and equipped emerging leaders from 16 nations in Africa.
As part of our commitment to giving back, Christ Church Exmouth contributed tithes of our regular income to various organizations, including Open Door Exmouth, Christ Church Exeter, and YWAM Malawi (Tom and Sarah Haig, and Susanne Cow).
Simon and Sue Sinclair, a couple from Christ Church, were commissioned and sent to Spain with the purpose of collaborating with a local evangelical church. Their goal is to establish a ministry speci<=cally catering to expatriates in the region.
4
We are proud that members of our church actively support and assist other charities, including Open Door Exmouth, Food Bank Exmouth, Home that Smile, and many more.
Christ Church continues to work and network with other organisations, including churches in East Devon and Exeter, Harvest Alliance Southwest, NAMS, MLG Network, New Wine, GAFCON GBE, Evangelical Alliance, SEAN UK, among others.
## FINANCIAL REVIEW
Christ Church, Exmouth, relies on voluntary contributions from its church community to cover its overheads and expenses. In the past year, the total income received amounted to £102,979, while church activity payments reached £97,691, resulting in a surplus of £5,287 for church activities.
For <=nancial management purposes, the church operated a single account with HSBC Bank, utilizing a receipts and payments approach. Previously, in 2021, the church's <=nancial assets were allocated to three distinct funds: the Unrestricted General Fund, the Restricted Nehemiah Fund, and the Restricted Music Director Fund. The creation of the Music Director Fund took place in 2020.
## Nehemiah Fund :
&/0 ^0/0?;5/ '3:8M ;:;1;577B 0415G7;4/08 19 20402K0 89:5108 @3:84M L54 ;:10:808 19 >9K02 0A60:404 2075108 19 G2;:C;:C "1J "0KJ V9406 (J "94077WX'02202 5:8 /;4 @5?;7B @29? ’ U25Q;7M 19 402K0 51 */2;41 */32>/M #A?931/M 5:8 /0764 19 65B 1/0 (;:;4102 4 45752BJ '321/02?920M 1/040 @3:84 L020 25;408 19 4366921 /;4 G295802 ?;:;412B 0A10:84 G0B9:8 1/0 9G7;C51;9:4 9317;:08 ;: /;4 0?679B?0:1 >9:125>1 85108 (52>/ Ec1/M HIEmJ
## Music Director Fund :
The Music Director Restricted Fund was speci<=cally created to retain donations received for the Music Director of Christ Church, Exmouth. The sole purpose of this fund is to remunerate the Music Director.
## RESERVES POLICY
The Church Council maintains reserves for the following purposes:
- To ful<=l our obligations in the event of a closure of Christ Church, considering the support required for the Minister appointed in April 2019, lasting for 4 months, and other staPf for 6 weeks.
5
- To facilitate an orderly closure of the church and ensure the settlement of any outstanding liabilities.
- To manage cash pqow.
## RISK ASSESSMENT
The Methodist Insurance Group provides suP<=cient insurance coverage for all activities involving the Church Council, including employers’ and public liability. The Church Council regularly reviews the policies and approves new ones in accordance with the guidelines set by the Charity Commission.
## FUND ACCOUNTING
Funds held by the Charity are:
> Unrestricted General funds - these are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.
> Designated funds - these are funds set aside by the Trustees out of unrestricted general funds for speci<=c future purposes or projects.
> Restricted funds – these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when speci<=ed by the donor or when funds are raised for particular restricted purposes.
## RESOURCES EXPENDED AND BASIS OF ALLOCATION OF COSTS
Expenditure is included when incurred and includes irrecoverable VAT.
Expenditure on operational programmes is recognised in the period in which it is incurred. A designated fund is established for expenditure which has been committed to projects, but remains unspent at the year end.
## CASH AT BANK AND IN HAND
Cash at bank and cash in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
6
## CREDITORS AND PROVISIONS
Creditors and Provisions are identi<=ed when the Charity has a present responsibility arising from a previous obligation that will result in the transfer of funds to a third party and the amount necessary to satisfy the obligation can be reliably measured or approximated. Provisions and Creditors are recognised at the settlement amount.
## COSTS OF MANAGING AND ADMINISTERING THE CHARITY
These represent costs attributable to the management of the charity’s assets, organisational administration and compliance with constitutional and statutory requirements.
## FIXED ASSETS
Fixed assets are depreciated over their estimated useful lives to write oPf the cost less residual value of the asset during the period of its use. The following rates of depreciation are used:
Equipment 25% straight line
Assets under 6500 are not capitalised
The costliest pieces of equipment are the organ, the multimedia projector, sound desk, speakers and other AN equipment. None of this equipment has outstanding depreciation.
## TAXATION
The Church is a charity and is not subject to taxation.
## ELECTED MEMBERS REMUNERATION AND EXPENSES
No remuneration was paid to any elected members during the period.
On behalf of the trustees,
The Rt Rev Josep Miquel Roselló Ferrer Chairman of Trustees and Minister
7
## **CHRIST CHURCH EXMOUTH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022**
|Note
**INCOMING RESOURCES**
Regular Giving
a
Non-recurring donations and appeals
b
Investment Income
c
Income from Church Activities
d
Rental income from Manse
e
Other Income
f
Total Incoming Resources
3
**RESOURCES EXPENDED**
**4**
Cost of Minister
g
Cost of Housing Minister
h
Tithes, Donations & Discretionary Fund
i
Payroll
j
Governance
l
Expenses
m
Total Resources Expended
5
Net Incoming /Outgoing
6
Resources
Balance b/fwd 1 January 2022
Balance c/fwd 31 December 2022
7|Unrestricted
General
Fund
Restricted
Nehemiah
Fund
Restricted
Music
Director
Restricted
Children's
Fund
2022
2021
£
£
£
£
£
£
60,807
6,925
67,732
64,778
12,692
2,350
1,433
16,475
19,314
0
2,659
5,008
5,008
2,608
13,392
13,392
13,048
370
370
445|
|---|---|
||**92,271**
**9,275**
**1,433**
**0**
**102,979**
102,851|
||23,561
6,859
30,420
30,671
14,400
14,400
13,300
12,162
12,162
7,175
3,217
9,964
13,181
18,957
5,613
5,613
6,207
21,915
21,915
10,711|
||**80,868**
**6,859**
**9,964**
**0**
**97,691**
87,021|
||11,403
2,416
(8,531)
0
5,287
15,830|
||81,281
16,733
12,784
0
110,798
94,968|
|||
||92,684
19,149
4,253
0
116,085
110,798|
## **CHRIST CHURCH EXMOUTH STATEMENT OF FINANCIAL ASSETS & LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2022**
|Note
**Fixed Assets**
Equipment
Page 6*
**Cash at Bank and in Hand**
HSBC Main Account ~688
Gift Aid Owed
8
Accrued banking error
TOTAL NET ASSETS
**Represented by:**
7
Unrestricted General Fund
Reserves of
Restricted Nehemiah Fund
Restricted Children's Fund
Restricted Music Director Fund
**TOTAL FUNDS**
**CURRENT LIABILITIES**|2022
£'s
105,747
5474
4865
**116,085**
65,659
27,025
19,148
0
4,254
**116,085**|2021
£'s
0
110,798
**110,798**
54,256
27,025
16,733
0
12,784
**110,798**|
|---|---|---|
||||
None
…................................................. Rt Rev'd Josep Rosello Minister On behalf of the Church Council …................................. Date
…........................................... Tim Davies Treasurer …................................. Date
## **Christ Church Exmouth**
## NOTES TO THE ACCOUNTS for the period ended 31st December 2022
## 2 Legal Status of the Charity
Christ Church Exmouth is a registered Charitable Incorporated Organisation and is governed by its constitution as dated XXXXXXXX
|3
(i)
(ii)|**Income raised through the year**
Unrestricted General Fund
Restricted Nehemiah Fund
Restricted Children's Fund
Restricted Music Director Fund
**TOTAL FUNDS**
**General Income**
Giving, Donations & Gift Aid
Hall Letting
Children’s & Youth Work
Exmouth Trust
Broadmead
Others
**TOTAL FUNDS**
**Income of (ALL) Resources Comparison 2022 v 2021**
Regular Giving
Non-recurring donations and appeals
Investment Income
Income from Church Activities
Rental income from Manse
Other Income
**TOTAL FUNDS**|2022
£
92,271
9,275
0
1,433
**102,979**
2022
£
73,500
2,650
426
0
13,392
2,303
**92,271**
2022
£
67,732
16,475
0
5,008
13,392
370
**102,979**|2021
£
94,099
5,063
0
3,689
**102,851**|
|---|---|---|---|
||||2021
£
75,338
1,098
0
2,659
13,048
1,956
**94,099**|
||||2021
£
64,778
19,314
2,659
2,608
13,048
445
**102,851**|
## **Christ Church Exmouth**
## NOTES TO THE ACCOUNTS
for the period ended 31st December 2022
|4
5
6|**Analysis of expenditure on charitable activities**
Cost of Minister
Cost of Housing Minister
Tithes, Donations & Discretionary Fund
Payroll
Governance
Expenses
**TOTAL FUNDS**
**Expenditure of Funds through the year**
Unrestricted General Fund
Restricted Nehemiah Fund
Restricted Children's Fund
Restricted Music Director Fund
**TOTAL FUNDS**
**Income / Outgoing Resources**
Total Income Resources
Total Outgoing Resources
Net Incoming / Outgoing
**BALANCE OF FUNDS 31ST DECEMBER**
**Balance of Funds**
Unrestricted General Fund
Reserves
Restricted Nehemiah Fund
Restricted Children's Fund
Restricted Music Director Fund
**TOTAL FUNDS**
Creditors: amounts falling due within one year
Gift Aid Owed
Accrued banking error
**TOTAL**|2022
£
30,420
14,400
8,322
13,181
5,613
21,915
**93,851**
2022
£
80,715
7,012
0
9,964
**97,691**
2022
£
102,979
(97,691)
5,287
**116,085**
2022
£
65,659
27,025
19,148
0
4,254
**116,085**
2022
£
5474
4865
**10,339**|2021
£
30,671
13,300
7,175
18,957
6,207
10,711
**87,021**|
|---|---|---|---|
||||2021
£
73,152
6,584
0
7,285
**87,021**|
||||2021
£
102,851
(87,021)
15,830
**110,798**|
|7
8|||2021
£
54,256
27,025
16,733
0
12,784
**110,798**|
||||2021
£
-
**0**|
## **Independent Examiners Report on the Accounts of Christ church Exmouth**
I report on the accounts of the Christ Church Exmouth for the year ended 31st December 2022 In connection with my examination, no matter has come to my attention:
## **Responsibilities and Bbasis of Report**
It is my responcibility to examine the charities accounts under section 145 of the 2011 Act and to follow the procedures laid down in the general directions given by the Charity Commmission under section 145(4)(b) of the Act.
## **Basis of Independent examiner's statement**
My examination was conducted in accordance with the Charity Commission's general directions. An examination entails a review of the charity's accounting records and contrasting the presented accounts with those records. It also entails taking into account any unusual items or disclosures in the accounts and asking the trustees for explanations on such matters. The methods carried out do not provide all of the evidence that would be necessary in an audit, therefore no opinion is given as to whether the accounts present a "true and fair" picture. As a result, the report is only confined to the issues set out in the statement below.
## **Independent examiner's statement**
## **1)**
Which gives me reasonable cause to believe that in, any material respect, the directors have not met the requirements to ensure that:
Proper accounting records are kept in accordance with section 386 of the Companies Act 2006; and
Accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities; or
## **2)**
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Tim Davies 55 Fraser Road Exmouth EX8 4DH
24th October 2023