``` REGISTERED COMPANY NUMBER: 07893445 (England and Wales) REGISTERED CHARITY NUMBER: 1145653 ``` ``` Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2022 ``` ``` for ``` ## **`Buckskin Evangelical Church`** ``` Brewers Chartered Accountants Bourne House Queen Street Gomshall Surrey GU5 9LY ``` ``` Buckskin Evangelical Church ``` ``` Contents of the Financial Statements for the Year Ended 31 December 2022 ``` |||**`Page`**|| |---|---|---|---| |**`Report of the Trustees`**|`1`|`to`|`5`| |**`Independent Examiner's Report`**||`6`|| |**`Statement of Financial Activities`**||`7`|| |**`Balance Sheet`**|`8`|`to`|`9`| |**`Notes to the Financial Statements`**|`10`|`to`|`16`| ``` Buckskin Evangelical Church ``` ## **`Report of the Trustees for the Year Ended 31 December 2022`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,present their reportwiththefinancialstatementsofthecharityfortheyearended31December2022.Thetrustees have adoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` Thecharity'sobjectsforthepublicbenefitaretoadvancetheChristianfaithinaccordancewith the statementofbeliefsinBasingstokeandinsuchotherpartsoftheUnitedKingdomortheworldasthe trustees mayfromtimetotimethinkfitandtofulfilsuchotherpurposeswhichareexclusivelycharitableaccording to the law of England and Wales and are connected with the charitable work of the charity. ``` ## **`Our Mission Statement`** ``` We are committed to be God's church in Buckskin to: ``` ``` Show His love - to those in the community; ``` ``` Share His Message - with those around us; Strengthen His People - to serve Him; Support His Work - in His world; Serve Jesus in the Community. ``` ## **`Introduction`** ``` BuckskinEvangelicalChurchwasincorporatedasacompanylimitedbyguaranteeon21stDecember 2011, wasregisteredasacharityon27thJanuary2012andbecameoperationalon20thApril2012whenthe assets ofthepreviouscharitabletrustandbuildingtrustweretransferredtoit.Thisreportcoverschurchactivities for the year to 31st December 2022 ``` ## **`FINANCIAL REVIEW`** ## **`Financial Review`** ``` The following table shows a comparison of unrestricted income and expenditure, 2022 vs 2021: ``` ||`2022`|`2021`| |---|---|---| ||`£`|`£`| |`Unrestricted income`|`174,723`|`164,916`| |`Unrestricted expenditure`|`174,959`|`201,669`| |||| |`Net unrestricted income (before transfers)`|**`(236)`**|**`(36,753)`**| |||| |||| |`Restricted income`|`45,874`|`11,638`| |`Restricted expenditure`|`32,866`|`13,034`| |||| |`Net restricted income (before transfers)`|**`13,008`**|**`1,396`**| |||| ``` Insummary,thetrusteesareconfidentthattheChurch'sfinancialpositionremainssound.Generous and sacrificialgivingfrommembersandothersupporterswillallowawideandgrowingprogrammeofactivities to takeplace.Thetrusteeswilltakecarefulnoteofthefinancialpositionwhenagreeingbudgetsand setting spendingplansfor2023andbeyond,toensurethattheChurch'sfinancialpositionremainssound.This will involveholdinganappropriatelevelofreservesagainstmaintaininganactiveprogrammeof Church activities.level of reserves against maintaining an active programme of Church activities. ``` ## **`Grants Policy`** ``` Thechurchseekstogiveawayaminimumof10%ofprioryearunrestricteddonations,excludinggifts,to assist missionary activity both in the UK and overseas. ``` ``` Page 1 ``` ``` Buckskin Evangelical Church ``` ## **`Report of the Trustees for the Year Ended 31 December 2022`** ## **`FINANCIAL REVIEW`** ## **`Reserves policy`** ``` Thechurch'spolicyistomaintainaprudentleveloffreereserves(definedasunrestrictedfunds,less tangible fixedassetsnetoflong-termloanssecuredonthefixedassets).Thefreereserveson31December 2022 amountto£20,574(2021:£16,975).Forthepurposesofshorttermandmedium-termfinancial management, thetrusteesareconcernedmorewiththemanagementofworkingcapital.We endeavortomaintain reserves thatcoverupto3monthssalaries,costsandchurchrunningexpenses.ThisisheldintheCAFGold deposit accountwhichhadabalanceof£30,858on31stDecember2022(2021:£31,989).Thegivingandactivities of thechurcharedependentonthedonationsgivenbymembersofthechurch.Forthisreason,no additional reserves are maintained by the church. ``` ## **`Risk statement`** ``` Thetrusteeshaveexaminedthemajorstrategic,businessandoperationalriskswhichthechurchfaces and confirmthatsystemshavebeenestablishedtomonitorthoseriskssothatthenecessarystepscanbetaken to lessen them. ``` ## **`Trustee's Responsibility`** ``` UndertheCharitiesAct1993,thetrusteesarerequiredtoprepareastatementofaccountsfor each accounting year which gives a true and fair view of the state of the affairs of the church. They are required to: ``` `1. Select suitable accounting policies and apply them consistently.` `2. Make judgments and estimates that are reasonable and prudent.` `3. State whether the applicable accounting standards have been followed.` `4. Prepare the financial statements on an ongoing basis.` ``` Theyareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonableaccuracyat any timethefinancialpositionofthechurchandtoensurethatsuchaccountsandrecordscomplywith the Charities Act 1993. ``` ``` Theyalsohavearesponsibilitytosafeguardtheassetsofthechurchandtotakereasonablestepsto detect fraud or any other irregularities and to provide reasonable assurances that: ``` `1. The church is operating efficiently and effectively.` `2. Its assets are safeguarded against unauthorised use or disposition.` `3. Financial information used within the church or for publication is reliable.` `4. The church complies with relevant laws and regulations.` ``` TheTrusteesofthechurchmeetregularlytoreviewandmanagetheactivitiesofthechurch.Inthisthey are supported by the Elders and the Leadership Team of the church. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Theorganisationisacharitablecompanylimitedbyguarantee,incorporatedon21stDecember2011, and registeredasacharityon27thJanuary2012.ThecompanywasestablishedunderaMemorandum of Associationwhichestablishedtheobjectsandpowersofthecharitablecompanyandisgovernedunder its ArticlesofAssociation.Intheeventofthecompanybeingwoundupmembersarerequiredtocontribute an amount not exceeding £10. ``` ## **`Annual General Meeting`** ``` TheAnnualGeneralMeetingwasheldon18thOctober2022whentwotrustees,AshleyBoardman and RichardSpiersresignedasrequiredbytheGoverningDocument[article29].AndrewDossettwas appointed asatrusteeon19thJuly2022andresignedasrequiredbytheGoverningDocument[article34(2)]. Ashley Boardman, Andrew Dossett and Richard Spiers were re-appointed as trustees. ``` ## **`Management`** ``` The spiritual life of the church is run by a team of five Elders, three of whom are Trustees. One of the Elders/Trustees, Will Ross, is the Senior Pastor and a paid employee of the church. ``` ``` Theday-to-daymanagementofthechurchisrunbyamanagementteamcomprisingofTrustees,Elders, and a leadership team comprising various activity team leaders. ``` ``` TheadministrationofthechurchisnowmanagedbytheactivityleadersusingChurchSuitesoftware.This is overseen by the Church Communications Officer. ``` ``` Page 2 ``` ``` Buckskin Evangelical Church ``` ## **`Report of the Trustees for the Year Ended 31 December 2022`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Objective and activities`** ``` TheTrusteesandEldersarecommittedtoenablingasmanypeopleaspossibletoworshipatthechurch and to become part of the fellowship. ``` ``` WhenplanningouractivitiesfortheyearwehaveconsideredtheCharityCommission'sguidanceon public benefit,inparticulartheguidanceoncharitiesfortheadvancementofreligion.Weendeavourto enable everyone to live out their faith as part of our fellowship through our mission statement. ``` ``` To facilitate this work, it is important that we maintain the fabric of the church building. ``` ## **`Sunday Services`** ``` ThechurchoffersachoiceoftwoservicesonSundaymornings.ThefirstisaCommunionServicethatstarts at 9.00am.ThereisthemainWorshipServicewhichcommencesat10.30amandrunsfor90minutes.At this servicewealsoprovideacrècheandseparatechildren'sandyouthclasses.OnoccasionalSunday evenings wemeetforworship,prayer,andBibleteaching.OnatypicalSundayweseearound100-120 people attending the church. ``` ## **`Activities and Community Outreach`** ``` Itwastheintentionofthosewhostartedthechurchover50yearsagotoserveandsupportthe local community.Today,thechurchseekstodothisbyofferingavarietyofactivitiesforitsmembersandfor those in the wider community. ``` - `Stepping Stones - for parents and toddlers` - `AWANA - for children to age 11` - `Coffee Morning - for the retired` - `Seminars and courses - covering topics such as Gifts Discovery, Discipleship` - `Alpha Courses - aimed at those wishing to discover more about Christianity` - `Home Groups - we have 7 small community groups for friendship, support and teaching` ``` - Threads - Woman's Ministry ``` - `Geared - Men's Ministry` - `Stitch & Craft Evenings` - `Lunch Plus - for lonely and vulnerable people` - `Youth Bible Study - meeting on a Monday aimed at 14 - 16 year olds` - `TLG - a mentoring programme in the local primary school` - `Refresh Cafe - operating once a week to support those struggling with their mental health.` ``` In addition to the ongoing weekly activities we also provide: ``` ``` ChurchOffice-thechurchisopenfivemorningsa weekfrom9.00am to12.00am. Theaimistohavea place where people can come and find help if needed. ``` ``` Supportnationally/locally-ThechurchiscommittedtocontinuingitssupportforChristianorganisations and workersintheUK.We havesupportedorganisationswherechurchmembersareactivelyinvolvedin outreach andsupportacrossthetown,suchasMoneyLifeline,Besom,Foodbank,andTheStarfishEnterpriseTrust (which supports small community b ased Christian projects in the town). ``` ``` FromJuly2021thechurchhaspartneredwithFoodbankandsetupacentrewhereclientscouldcome and collect their food locally. The centre operates one morning a week and is staffed mostly by church members. ``` ``` SupportInternationally-ThechurchisalsoactivelyinvolvedwithsupportingChristianorganisations and Christianworkersinternationally.Churchmembersareactivelyinvolvedinsupportingprojectsin India, Bangladesh, Nepal, and G hana. During 2022 we have also given support to a project in Kenya, Stand By Me. ``` ``` Workingwithotherchurches-ThechurchisactivelyinvolvedwithOneChurchBasingstoke,the ecumenical bodyforthetown.Thechurchhostsa bi-weeklylunchtimemeetingforministersandhasalsowelcomed other churches and leaders for several larger 1CB events. ``` ``` Page 3 ``` ``` Buckskin Evangelical Church ``` ## **`Report of the Trustees for the Year Ended 31 December 2022`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ``` FamilyEvents-LiveNativityandEasterFundaytookplacein2022,thefirsttimesincetheoutbreakof the pandemic.ThechurchalsopartneredwithChilternPrimarySchooltoputonanOutdoorCarolService which over 250 peop le attended; due to inclement weather this was transferred to an indoor event. ``` ## **`Community Development`** ``` The church has always sought to support the local community. We have done this in several ways: ``` ``` Supportingthelocalschool-wehaveverycloselinkstoChilternPrimarySchool.Everyotherweekthe pastor, Will Ross,leadsan assemblyintheschool.Theschoolalsovisitsthechurchonvariousoccasions,e.g. Christmas, Easter,Harvestandotheroccasionstoassistwithcurriculumstudies.ThroughtheTLGEarlyIntervention scheme thechurchhasprovided5coachestosupportvulnerablepupilsinthelocalprimaryschool.Thechurch has alsoworkedwiththeschoolbyprovidingover60hampersatChristmastoneedyfamiliesidentifiedby the school.Thechurchalsorunsa Cook& Eatcourseforoneafternoonafterschoolover6weeks,wherea parent and child learn how to cook a nutritious family meal. ``` ``` Volunteers-thechurchhasover120activevolunteers,andithasbeenestimatedthatthechurch contributes between8000and9000voluntaryhoursayear.An estimationoftheannual'volunteervalue'ofthechurch to thecommunityisbetween£60,000and£70,000.Thisispurelythevaluetothecommunityofour volunteers anddoesnotincludeanystaffcosts,seminarcosts,pastoralcareoflocalpeopleoranymajoreventsthat we puton(e.g.FunDay).Thisdoesnotconsiderthosewhovolunteerforgroupsoutsideofthechurchlike Money Lifeline(1volunteer),BasingstokeFoodbank(9volunteers),Besom(1volunteer),HealingontheStreets (1 volunteer), Starfish Enterprise (2 volunteers) and Cedar Tree Counselling (2 volunteers) ``` ## **`Church Building Usage`** ``` ThechurchbuildingisnowthelargestandmostversatilecommunitybuildinginBuckskin.We haveamain hall thatwillseatover180people,plusothersmallroomsincludingahigh-techyouthroom.Thenewannexe has fourmeetingroomsequippedwithtelevisionscreensandwi-fi.Thechurchbuildinghasbeenusedby several outside organisations for the benefit of the community. Most days it is used by some kind of group. ``` ## **`Employees`** ``` The church employed the following staff; ``` - `full time Senior Pastor` - `full time Associate Pastor` - `part-time church communications officer` - `part-time TLG administrator and Children's Ministry Leader` - `part-time cleaner` - `part-time minute taker` ## **`A Church in Buckskin for Buckskin`** ``` Oneofthechurch'smajorprinciplesistogiveandtobegenerous.Hencetheeverydayrunningcosts and activitiesofthechurcharefundedentirelybythecongregation.A principlethatwehaveadoptedisto give regularlyandgenerouslytoorganisationsoutsideofthechurch.Inadditiontotheincomethatgoes overseas to mission groups and relief aid, we financially support organisations in the UK. ``` ``` WebelievethechurchhasamajorparttoplayintransformingBuckskin.Ourchurchhasthe people, resources,and thedesireto bringaboutpositivechangeintothelivesoflocalpeople.We areallawareof the challengesthatlayaheadforourcommunitiesaslocalgovernmentbudgetsandservicesfacecuts. The governmentarelookingtothevoluntarysectortohelpfillsomeofthegapsthatwillbeleft.Asachurch, we arealreadyservingandsupportingthelocalcommunityofBuckskinandareseekingtodevelopour role further so that we can share and express the love of God in practical ways. ``` ``` OnSundays,werunacreche,andclassesforchildrenuptotheageof11.Forchildrenoverage11we have ayouthgroup.Thechurchhasadedicatedcrecheroom,individualroomsinwhichtoteachthe different age groups that we cater for, together with infant toilets. ``` ``` OnceaweekthechurchoperatesasaFoodbankHubandrunstheRefreshCaféforlonelyand vulnerable people. ``` ``` During2022thetoiletsintheoldestpartofthechurchwererefurbishedandashowerfacilitywasadded. This was made possible with a Section 106 grant from Basingstoke and Deane District Council ``` ``` Page 4 ``` ``` Buckskin Evangelical Church ``` ## **`Report of the Trustees for the Year Ended 31 December 2022`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Future Plans`** ``` Thechurchplanstoemployapart-timeCommunityWorkerwhowillsupportlocalfamilieswhoarelinked to thechurchthroughthevarietyofactivitiesthechurchruns.Itisenvisagedthattherolewillbefor18hours a week with an initial contract for 2 years being offered. ``` ``` Thethemefor2023isthatasachurchwearetheBodyofJesus,createdtoserveHimhereontheearth and how every member is a part of it and has a role to play. ``` ``` The coming year will break into three sections, one for each ter ``` - `Spring Term - His Heart` - `Summer Term - His Hand` - `Autumn Term - His Feet` ``` Eachtermwewillberunningactivitiesrelatedtothoseconcepts.Thegoalwillbetogrowthe church spirituallyandnumericallyandtoreachoutintothelocalcommunity,toshowHisloveandshareHis message. Itisourhopethatlikeahumanbodyeachofuswillbeconnectedandplaytheirparttotrulymakeus a strong, healthy, and active body of God's people here in Buckskin. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 07893445 (England and Wales) ``` ## **`Registered Charity number`** ``` 1145653 ``` ## **`Registered office`** ``` Chiltern Way Basingstoke Hampshire RG22 5BB ``` ## **`Trustees`** ``` Ashley Boardman Michael Boys Andrew Dossett Treasurer (from 19/07/22) William Ross Ian Thompson Margaret Thompson Treasurer (to 19/07/22) Darren Skipp Chairman Richard Spiers ``` ## **`Independent Examiner`** ``` Brewers Chartered Accountants Bourne House Queen Street Gomshall Surrey GU5 9LY ``` ## **`Website`** ``` www.buckskin.church ``` ``` Approved by order of the board of trustees on ............................................. and signed on its behalf by: ``` ``` ........................................................................... A Dossett - Trustee ``` ``` Page 5 ``` ``` Independent Examiner's Report to the Trustees of Buckskin Evangelical Church ``` ## **`Independent examiner's report to the trustees of Buckskin Evangelical Church ('the Company')`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended 31 December 2022. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16of the 2006Act andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyour charity's accountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').Incarryingout my examinationIhavefollowedtheDirectionsgivenbytheCharityCommissionunderSection145(5)(b)of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnection with the examination giving me cause to believe: ``` `1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or` `4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be reached. ``` ``` A M Skilton ``` ``` Brewers Chartered Accountants Bourne House Queen Street Gomshall Surrey GU5 9LY ``` `Date: ..` 19 September 2023 `.....................` ``` Page 6 ``` ## **`Buckskin Evangelical Church`** ## **`Statement of Financial Activities`** ## **`for the Year Ended 31 December 2022`** |`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`164,069`**
`Other trading activities`
`2`
**`215`**
`Investment income`
`3`
**`179`**
`Other income`
**`10,260`**
**`Total`**
**`174,723`**
**`EXPENDITURE ON`**
`Raising funds`
**`330`**
**`Charitable activities`**
`charitable`
**`157,278`**
`Other`
**`17,351`**
**`Total`**
**`174,959`**
**`NET INCOME/(EXPENDITURE)`**
**`(236)`**
**`Transfers between funds`**
`13`
**`6,375`**
**`Net movement in funds`**
**`6,139`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`802,556`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`808,695`**|`Restricted`
`funds`
`£`
**`44,569`**
**`-`**
**`20`**
**`1,285`**
**`45,874`**
**`3`**
**`32,863`**
**`-`**
**`32,866`**
**`13,008`**
**`(6,375)`**
**`6,633`**
**`13,275`**
**`19,908`**|**`31.12.22`**
`31.12.21`
**`Total`**
`Total`
**`funds`**
`funds`
**`£`**
`£`
**`208,638`**
`167,760`
**`215`**
`625`
**`199`**
`6`
**`11,545`**
`8,163`
**`220,597`**
`176,554`
**`333`**
`14,759`
**`190,141`**
`196,186`
**`17,351`**
`3,758`
**`207,825`**
`214,703`
**`12,772`**
`(38,149)`
**`-`**
`-`
**`12,772`**
`(38,149)`
**`815,831`**
`853,980`
**`828,603`**
`815,831`| |---|---|---| ``` The notes form part of these financial statements ``` ``` Page 7 ``` ``` Buckskin Evangelical Church ``` ## **`Balance Sheet`** ## **`31 December 2022`** |`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`8`
**`CURRENT ASSETS`**
`Debtors`
`9`
`Cash at bank`
**`CREDITORS`**
`Amounts falling due within one year`
`10`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`CREDITORS`**
`Amounts falling due after more than one`
`year`
`11`
**`NET ASSETS`**
**`FUNDS`**
`13`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`fund`
`£`
**`913,023`**
**`8,004`**
**`36,198`**
**`44,202`**
**`(23,447)`**
**`20,755`**
**`933,778`**
**`(125,083)`**
**`808,695`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`19,909`**
**`19,909`**
**`(1)`**
**`19,908`**
**`19,908`**
**`-`**
**`19,908`**|**`31.12.22`**
**`Total`**
**`funds`**
**`£`**
**`913,023`**
**`8,004`**
**`56,107`**
**`64,111`**
**`(23,448)`**
**`40,663`**
**`953,686`**
**`(125,083)`**
**`828,603`**
**`808,695`**
**`19,908`**
**`828,603`**|`31.12.21`
`Total`
`funds`
`£`
`922,997`
`3,999`
`56,369`
`60,368`
`(30,118)`
`30,250`
`953,247`
`(137,416)`
`815,831`
`802,556`
`13,275`
`815,831`| |---|---|---|---|---| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006 for the year ended 31 December 2022. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` The notes form part of these financial statements ``` ``` continued... ``` ``` Page 8 ``` ``` Buckskin Evangelical Church ``` ## **`Balance Sheet - continued`** ## **`31 December 2022`** ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on ............................................. and were signed on its behalf by: ``` ``` ............................................. A Dossett - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 9 ``` ``` Buckskin Evangelical Church ``` ``` Notes to the Financial Statements for the Year Ended 31 December 2022 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102, havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS 102)(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard applicableintheUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancial statements have been prepared under the historical cost convention. ``` ## **`Income`** ``` All incomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementto the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswill be requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have been allocated to activities on a basis consistent with the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoverits estimated useful life. ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity. Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial statements. ``` ## **`2. OTHER TRADING ACTIVITIES`** ## **`3.`** ||**`31.12.22`**|`31.12.21`| |---|---|---| ||**`£`**|`£`| |`Church activities`|**`215`**|`625`| |**`INVESTMENT INCOME`**||| ||**`31.12.22`**|`31.12.21`| ||**`£`**|`£`| |`Deposit account interest`|**`199`**|`6`| ``` continued... ``` ``` Page 10 ``` ``` Buckskin Evangelical Church ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 December 2022`** ## **`4. NET INCOME/(EXPENDITURE)`** ``` Net income/(expenditure) is stated after charging/(crediting): ``` ||**`31.12.22`**|`31.12.21`| |---|---|---| ||**`£`**|`£`| |`Depreciation - owned assets`|**`9,974`**|`9,976`| ## **`5. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2022nor for the year ended 31 December 2021. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended31December2022norfortheyear ended 31 December 2021. ``` ## **`6. STAFF COSTS`** ``` Staff costs ``` ||**`2022`**|`2021`| |---|---|---| ||**`£`**|`£`| |`Wages and salaries`|**`93,065`**|`90,653`| |`Social Security costs`|**`2,831`**|`3,690`| |`Other pension costs`|**`3,557`**|`3,331`| |||| ||**`99,453`**|`97,674`| |||| ``` Due to the size of the organisation, all staff are considered to be key management staff. ``` ``` The average monthly number of employees during the year was as follows: ``` ||**`31.12.22`**|`31.12.21`| |---|---|---| |`Full Time Pastor`|**`1`**|`1`| |`Full Time Associate Pastor`|**`1`**|`1`| |`Part Time Staff`|**`4`**|`4`| ||**`6`**|`6`| ``` No employees received emoluments in excess of £60,000. ``` ## **`7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |`Unrestricted`
`fund`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`159,122`
`Other trading activities`
`625`
`Investment income`
`6`
`Other income`
`5,163`
**`Total`**
`164,916`
**`EXPENDITURE ON`**
`Raising funds`
`14,759`|`Restricted`
`funds`
`£`
`8,638`
`-`
`-`
`3,000`
`11,638`
`-`|`Total`
`funds`
`£`
`167,760`
`625`
`6`
`8,163`| |---|---|---| |||`176,554`| |||`14,759`| ``` continued... ``` ``` Page 11 ``` ``` Buckskin Evangelical Church ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 December 2022`** |**`7.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**
`Unrestricted`
`Restricted`
`fund`
`funds`
`£`
`£`
**`Charitable activities`**
`charitable`
`183,152`
`13,034`
`Other`
`3,758`
`-`
**`Total`**
`201,669`
`13,034`
**`NET INCOME/(EXPENDITURE)`**
`(36,753)`
`(1,396)`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`839,309`
`14,671`
**`TOTAL FUNDS CARRIED FORWARD`**
`802,556`
`13,275`
**`8.`**
**`TANGIBLE FIXED ASSETS`**
**`COST`**
`At 1 January 2022 and`
`31 December 2022`
**`DEPRECIATION`**
`At 1 January 2022`
`Charge for year`
`At 31 December 2022`
**`NET BOOK VALUE`**
`At 31 December 2022`
`At 31 December 2021`
**`9.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
**`31.12.22`**
**`£`**
`Prepayments and accrued income`
**`8,004`**|`Total`
`funds`
`£`
`196,186`
`3,758`
`214,703`
`(38,149)`
`853,980`
`815,831`
`Freehold`
`property`
`£`
**`997,595`**
**`74,598`**
**`9,974`**
**`84,572`**
**`913,023`**
`922,997`
`31.12.21`
`£`
`3,999`| |---|---| ``` continued... ``` ``` Page 12 ``` ``` Buckskin Evangelical Church ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 December 2022`** |**`10.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Bank loans and overdrafts (see note 12)`
`Trade creditors`
`Accruals and deferred income`
**`11.`**
**`CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR`**
`Bank loans (see note 12)`
**`12.`**
**`LOANS`**
`An analysis of the maturity of loans is given below:`
`Amounts falling due within one year on demand:`
`Bank loans`
`Amounts falling due between two and five years:`
`Bank loans - 2-5 years`
`Amounts falling due in more than five years:`
`Repayable by instalments:`
`Bank loans more than 5 years by installment`|**`31.12.22`**
`31.12.21`
**`£`**
`£`
**`11,958`**
`12,185`
**`5,474`**
`9,750`
**`6,016`**
`8,183`
**`23,448`**
`30,118`
**`31.12.22`**
`31.12.21`
**`£`**
`£`
**`125,083`**
`137,416`
**`31.12.22`**
`31.12.21`
**`£`**
`£`
**`11,958`**
`12,185`
**`72,777`**
`54,570`
**`52,306`**
`82,846`| |---|---| ``` Thebuildingoftheannexetookplacein2016andwaspartlyfundedbya15-yearbankloan of £200,000fromCAF Banksecuredonthelandandbuildings.Theloaninterestis2.95%abovetheBank of Englandbaserate.Thetermsofrepaymentwereinterestonlyrepaymentsforthefirst12monthsand full repayment over the remaining 14 years. ``` ## **`13. MOVEMENT IN FUNDS`** |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted fund`
**`TOTAL FUNDS`**|`Net`
`movement`
`At 1.1.22`
`in funds`
`£`
`£`
**`802,556`**
**`(236)`**
**`13,275`**
**`13,008`**
**`815,831`**
**`12,772`**|`Transfers`
`between`
`funds`
`£`
**`6,375`**
**`(6,375)`**
**`-`**|`At`
`31.12.22`
`£`
**`808,695`**
**`19,908`**| |---|---|---|---| ||||**`828,603`**| ``` continued... ``` ``` Page 13 ``` ``` Buckskin Evangelical Church ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 December 2022`** ## **`13. MOVEMENT IN FUNDS - continued`** ``` Net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted fund`
**`TOTAL FUNDS`**
**`Comparatives for movement in funds`**
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted fund`
**`TOTAL FUNDS`**
`Comparative net movement in funds, included in the above ar`
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
**`174,723`**
**`(174,959)`**
**`(236)`**
**`45,874`**
**`(32,866)`**
**`13,008`**
**`220,597`**
**`(207,825)`**
**`12,772`**
`Net`
`movement`
`At`
`At 1.1.21`
`in funds`
`31.12.21`
`£`
`£`
`£`
`839,309`
`(36,753)`
`802,556`
`14,671`
`(1,396)`
`13,275`
`853,980`
`(38,149)`
`815,831`
`e as follows:`
`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`164,916`
`(201,669)`
`(36,753)`
`11,638`
`(13,034)`
`(1,396)`
`176,554`
`(214,703)`
`(38,149)`| |---|---| ``` continued... ``` ``` Page 14 ``` ``` Buckskin Evangelical Church ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 December 2022`** ## **`13. MOVEMENT IN FUNDS - continued`** ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted fund`
**`TOTAL FUNDS`**|`Net`
`movement`
`At 1.1.21`
`in funds`
`£`
`£`
`839,309`
`(36,989)`
`14,671`
`11,612`
`853,980`
`(25,377)`|`Transfers`
`between`
`funds`
`£`
`6,375`
`(6,375)`
`-`|`At`
`31.12.22`
`£`
`808,695`
`19,908`| |---|---|---|---| ||||`828,603`| ``` A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedin the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted fund`
**`TOTAL FUNDS`**||||`Incoming`
`resources`
`£`
`339,639`
`57,512`
`397,151`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(376,628)`
`(36,989)`
`(45,900)`
`11,612`
`(422,528)`
`(25,377)`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(376,628)`
`(36,989)`
`(45,900)`
`11,612`
`(422,528)`
`(25,377)`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(376,628)`
`(36,989)`
`(45,900)`
`11,612`
`(422,528)`
`(25,377)`| |---|---|---|---|---|---|---|---| ||`At 01/01/21`|`Income`||`Expenditure`||`Transfers`|`At 31/12/21`| |`General fund`|`809,192`|`164,248`||`175,533`||`-`|`797,906`| ||||||||| |`Designated funds`|||||||| |`Mission gifts`|`617`|`69`||`-`||`-`|`686`| |`Stepping stones`|`962`|`-`||`375`||`-`|`587`| |`Awana fund`|`-`|`100`||`-`||`-`|`100`| |`Building funds`|`28,362`|`-`||`25,762`||`-`|`2,600`| |`TLG fund`|`-`|`500`||`-`||`-`|`500`| |`Threads - Woman's ministries`|`173`|`-`||`-`||`-`|`173`| ||||||||| ||||||||| |`Total Unrestricted`|`839,308`|`164,917`||`201,670`||`-`|`802,555`| ||||||||| ||||||||| |`Restricted funds`|||||||| |`Building fund`|`557`|`-`||`-`||`-`|`557`| |`Gifts`|`6,294`|`11,638`||`11,331`||`-`|`6,601`| |`TLG`|`11`|`-`||`-`||`-`|`11`| |`Buckskin Hardship fund`|`7,808`|`-`||`1,703`||`-`|`6,105`| ||||||||| ||||||||| |`Total Restricted`|`14,671`|`11,638`||`13,034`||`-`|`13,275`| ||||||||| ||||||||| ||||||||| ||||||||| |`Total Funds`|`853,980`|`176,555`||`214,704`||`-`|`815,830`| ||||||||| ||||||||| ``` TheBuildingFundexiststoupgradethefabricandfacilitiesofthebuildinginorderthatitismore cost effective to run. ``` ``` continued... ``` ``` Page 15 ``` ``` Buckskin Evangelical Church ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 December 2022`** ## **`13. MOVEMENT IN FUNDS - continued`** ``` The Church Holiday fund covers specific event for local people. ``` ``` TLG funds cover the mentoring programme for the local school. ``` ``` BuckskinHardshipFundwasestablishedduring2020tosupportpeoplelocallysufferingasa resultof the Covid 19 pandemic. ``` ## **`14. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31 December 2022. ``` ``` Page 16 ```