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2023-12-31-accounts

WHIDDON VALLEY EVANGELICAL CHURCH Stoat Park, Whiddon Valley, Barnstaple EX32 8PT Annual Trustees’ Report for the Year ending 31 December 2023

Charity Registration Number: 1141903

Managing Trustees: Pastor David William Kay

Mr John William Stein Mr Brian Kenneth Judge Mr Russell Sean Brooks

Holding Trustee:

The Fellowship of Independent Evangelical Churches (FIEC) Ltd.

The principal objective of our charity, Whiddon Valley Evangelical Church, is the advancement of the Christian Faith. The main activities undertaken to further this purpose for the public benefit are summarised in this report.

Our charity approved the ‘Constitution for Grace Baptist Church Charities – version 7.0.’ as our constituting document at a special meeting of the Church Members on 01/03/2011.

The managing trustees had been voted into their positions by the Church Membership having sought the will of God and have the general day by day control and management of the charity. The managing trustees are the Elder and Deacons of the Church. During the past year the Trustees have met together to discuss financial and practical matters both face to face and online. Our treasurer is Mr Russell Brooks. He constantly reviews our level of spending which is reported to trustees on a regular basis, and who are also made aware of our level of reserves. Any large financial spending would be brought for the ratification of the whole membership at a Church Members’ Meeting. No changes can be made to the Constitution or the Rules and Regulations without a 75% majority of the whole membership.

During the past year we have never had any funds that were materially in deficit, and it is our policy not to hold large reserves.

We have continued with regular services of worship at 11.00am and 6.30pm on Sundays and held Prayer Meetings on Sunday Mornings and Tuesday Evenings, with a Bible Study on Thursday mornings. The Lord’s Supper is held on the first Sunday of the month in the morning, and each Sunday evening through the rest of each month.

Meetings for the instruction of children and young people have continued on Sundays (3pm on Sunday afternoon); and during School Term time midweek children’s meetings on Mondays and Thursdays.

1

The Trustees of Whiddon Valley Evangelical Church

2

WHIDDON VALLEY EVANGELICAL CHURCH STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 202 3

Independent examiner's report to the trustees of Whiddon Valley Evangelical Church

I report to the trustees on my examination of the receipts and payments accounts of Whiddon Valley Evangelical Church for the year ended 31 December 202 3 .

Responsibilities and basis of report

The Church Council are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Act' ).

I report in respect of my examination of the Church's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of the 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 giving me cause to believe that in any material respect:

  1. accounting records were not kept as required by section 130 of the Act; or

  2. the accounts do not accord with those records.

I have no concerns and have come across 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.

Mr. Muhammad Zeeshan FCCA TopClout LTD Chartered Certified Accountants 152-160 City Rd London EC1V 2NX

Dated: 25-03-2024

WHIDDON VALLEY EVANGELICAL CHURCH STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 202 3

RECEIPTS
Members' offerings
Gifts and donations
Gift aid
Miscellaneous income
Bank interest received
Total receipts
PAYMENTS
Salaries
Employer's pension contributions
External ministry
Charitable giving
Missionary Giving
Council Tax
Water
Light and heat
Insurance
Property repairs and maintenance
Repairs and renewals
Telephone
Printing, postage and stationery
Catering and cleaning
HMRC Payments
Manse refurbishments
IT costs
Professional fees
General expenses
Advertising
Warehouse Utilities
Bank Charges
Total payments
Net of receipts/(payments)
Total funds brought forward
Total Funds carried forward
2023
Unrestricted
Funds
£
35,418
6,848
3,300
-
655
46,221
£
12,764
2,066
1,125
872
1,797
1,819
599
3,403
2,417
179
9,107
478
578
116
345
458
1,383
578
40
245
2,045
131
42,545
3,676
47,285
50,961
2022
Unrestricted
Funds
£
44,424
15,096
7,100
-
78
66,698
£
12,768
364
2,615
8,994
7,130
1,733
415
2,470
2,216
1,518
1,557
361
477
32
3,866
5,700
432
600
29
1,127
1,315
103
55,823
10,874
36,411
47,285

WHIDDON VALLEY EVANGELICAL CHURCH STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 202 3

FOR THE YEAR ENDED 31 DECEMBER 2 023
Funds
Cash at Bank
Cash in Hand
Total Funds Carried Forward
Assets Retained
Fixtures, Fittings and Equipment
Total Assets
2023
Unrestricted
Funds
£
50,961
50,961
3,310
54,271
2022
Unrestricted
Funds
£
47,285
-
47,285
3,310
50,595

The financial statements were approved by the Church Council on …........................................ and were signed on its behalf by:

Mr Russell Brooks Treasurer

….........................................................

WHIDDON VALLEY EVANGELICAL CHURCH STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 202 3

Independent examiner's report to the trustees of Whiddon Valley Evangelical Church

I report to the trustees on my examination of the receipts and payments accounts of Whiddon Valley Evangelical Church for the year ended 31 December 202 3 .

Responsibilities and basis of report

The Church Council are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Act' ).

I report in respect of my examination of the Church's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of the 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 giving me cause to believe that in any material respect:

  1. accounting records were not kept as required by section 130 of the Act; or

  2. the accounts do not accord with those records.

I have no concerns and have come across 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.

Mr. Muhammad Zeeshan FCCA TopClout LTD Chartered Certified Accountants 152-160 City Rd London EC1V 2NX

Dated: 25-03-2024

WHIDDON VALLEY EVANGELICAL CHURCH STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 202 3

RECEIPTS
Members' offerings
Gifts and donations
Gift aid
Miscellaneous income
Bank interest received
Total receipts
PAYMENTS
Salaries
Employer's pension contributions
External ministry
Charitable giving
Missionary Giving
Council Tax
Water
Light and heat
Insurance
Property repairs and maintenance
Repairs and renewals
Telephone
Printing, postage and stationery
Catering and cleaning
HMRC Payments
Manse refurbishments
IT costs
Professional fees
General expenses
Advertising
Warehouse Utilities
Bank Charges
Total payments
Net of receipts/(payments)
Total funds brought forward
Total Funds carried forward
2023
Unrestricted
Funds
£
35,418
6,848
3,300
-
655
46,221
£
12,764
2,066
1,125
872
1,797
1,819
599
3,403
2,417
179
9,107
478
578
116
345
458
1,383
578
40
245
2,045
131
42,545
3,676
47,285
50,961
2022
Unrestricted
Funds
£
44,424
15,096
7,100
-
78
66,698
£
12,768
364
2,615
8,994
7,130
1,733
415
2,470
2,216
1,518
1,557
361
477
32
3,866
5,700
432
600
29
1,127
1,315
103
55,823
10,874
36,411
47,285

WHIDDON VALLEY EVANGELICAL CHURCH STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 202 3

FOR THE YEAR ENDED 31 DECEMBER 2 023
Funds
Cash at Bank
Cash in Hand
Total Funds Carried Forward
Assets Retained
Fixtures, Fittings and Equipment
Total Assets
2023
Unrestricted
Funds
£
50,961
50,961
3,310
54,271
2022
Unrestricted
Funds
£
47,285
-
47,285
3,310
50,595

The financial statements were approved by the Church Council on …........................................ and were signed on its behalf by:

Mr Russell Brooks Treasurer

….........................................................