```
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 2023
```
```
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 2023
```
|||**`Page`**||
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`6`|
|**`Independent Examiner's Report`**||`7`||
|**`Statement of Financial Activities`**||`8`||
|**`Balance Sheet`**|`9`|`to`|`10`|
|**`Notes to the Financial Statements`**|`11`|`to`|`16`|
```
Buckskin Evangelical Church
```
## **`Report of the Trustees for the Year Ended 31 December 2023`**
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,present their
reportwiththefinancialstatementsofthecharityfortheyearended31December2023.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 2023.
```
## **`FINANCIAL REVIEW`**
## **`Financial Review`**
```
The following table shows a comparison of unrestricted income and expenditure, 2023 vs 2022:
```
||`2023`|`2022`|
|---|---|---|
||`£`|`£`|
|`Unrestricted income`|`167,957`|`174,723`|
|`Unrestricted expenditure`|`166,510`|`174,959`|
||||
|`Net unrestricted income (before transfers)`|**`1,447`**|**`(236)`**|
||||
||||
|`Restricted income`|`36,035`|`45,874`|
|`Restricted expenditure`|`21,203`|`32,866`|
||||
|`Net restricted income (before transfers)`|**`14,832`**|**`13,008`**|
||||
```
Insummary,thetrusteesareconfidentthattheChurch'sfinancialpositionremainssound.Generous and
sacrificialgivingfrommembersandothersupporterswillallowawideandgrowingprogrammeofactivities to
takeplace.Thetrusteeswilltakecarefulnoteofthefinancialpositionwhenagreeingbudgetsand setting
spendingplansfor2024andbeyond,toensurethattheChurch'sfinancialpositionremainssound.This will
involveholdinganappropriatelevelofreservesagainstmaintaininganactiveprogrammeof Church
activities.
```
## **`Grants Policy`**
```
Thechurchseekstogiveawayaminimumof11%ofitsunrestrictedincometoassistmissionaryactivityboth in
the UK and overseas.
```
```
Page 1
```
```
Buckskin Evangelical Church
```
## **`Report of the Trustees for the Year Ended 31 December 2023`**
## **`FINANCIAL REVIEW`**
## **`Reserves policy`**
```
Thechurch'spolicyistomaintainaprudentleveloffreereserves(definedasunrestrictedfunds,less tangible
fixedassetsnetoflong-termloanssecuredonthefixedassets).Thefreereserveson31December 2023
amountto£20,774(2022:£20,754).Forthepurposesofshorttermandmedium-termfinancial management,
thetrusteesareconcernedmorewiththemanagementofworkingcapital.We endeavortomaintain reserves
thatcoverupto3monthssalaries,costsandchurchrunningexpenses.ThisisheldintheCAFGold deposit
accountwhichhadabalanceof£23,686on31stDecember2023(2022:£30,858).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`**
```
TheAnnualGeneralMeetingwasheldon23rdJanuary2024whentwotrustees,MichaelBoysand Darren
SkippresignedasrequiredbytheGoverningDocument[article29].AmeliaNirmalwasappointedasa new
trustee. Michael Boys and Darren Skipp were re-appointed as trustees.
```
## **`Management`**
```
The spiritual life of the church is run by a team of four 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
various activity team leaders.
```
```
TheadministrationofthechurchismanagedbytheactivityleadersusingChurchSuitesoftware.This is
overseen by the Church Administrator.
```
```
Page 2
```
```
Buckskin Evangelical Church
```
## **`Report of the Trustees for the Year Ended 31 December 2023`**
## **`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.ThereisthemainWorshipServicewhichcommencesat10.30amandrunsfor90minutesAt this
servicewealsoprovideacrècheandseparatechildren'sandyouthclasses.OnoccasionalSunday evenings
wemeetforworship,prayer,andBibleteaching.OnatypicalSundayweseearound120-140 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`
```
- Geared - Men's Ministry
```
- `Threads - Woman'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`
- `Buckin Pantry - operating once a week to donate fresh food to the local community`
```
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 2023 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 2023`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
```
FamilyEvents-LiveNativityandEasterFundaytookplacein2023,withbotheventsattractingover 300
people.ThechurchalsopartneredwithChilternPrimarySchooltoputonaCarolServicewhichover 200
people 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
outsideorganisationsforthebenefitofthecommunity.Mostdaysitisusedby somekindofgroup.Thisyear we
have seen a number of improvements in the building and its facilities. These have included:
```
```
- Refurbishment of the church youth lounge
```
```
- New technology in the youth lounge
```
- `Installation of new catering equipment in the main kitchen`
## **`Employees`**
```
The church employed the following staff:
```
- `full time Senior Pastor`
- `part-time Church Administrator`
- `part time Youth Worker`
- `part-time TLG administrator and Children's Ministry Leader`
- `part-time cleaner`
- `part-time minute taker`
```
Page 4
```
```
Buckskin Evangelical Church
```
## **`Report of the Trustees for the Year Ended 31 December 2023`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`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
agegroupsthatwecaterfor.Theannexealsohasinfanttoiletsplusadisabledtoiletwithbaby changing
facilities.
```
```
OnceaweekthechurchoperatesasaFoodbankHubandrunstheRefreshCaféforlonelyand vulnerable
people.OnaThursdaymorningthechurchoperatesaFoodPantrygivingawayexcessfoodfrom local
supermarkets delivered to us by Community Food Link. Each week we see around 30 people visit the Pantry.
```
## **`Hardship and Community Funds`**
```
DuringtheCovidpandemicaHardshipFundwasestablishedtogivegrantstothosewhowere struggling
financiallybecauseofthepandemic.TheTrusteesandEldersconcludedthattheFundhadrunitscourse and
closedtheFund,transferringthebalanceof£4,564toanewfundwithawiderremit,TheCommunity Fund.
The transfer was made in accordance with the Hardship Fund Terms of Reference.
```
```
InJuly2023afundraisingdayraised£13,500fortheCommunityFund;furtherdonationsof£4,300 were
receivedduringtheyear.ThebalanceoftheCommunityFundnowstandsat£24,300,whichincludesGift Aid
received and the funds transferred from the Hardship Fund.
```
## **`Future Plans`**
```
Thechurchplanstoemployapart-timeCommunityWorkerwhowillsupportlocalfamilieswhoarelinked to
thechurchthroughthevarietyofactivitiesthechurchruns.Itisenvisagedthattherolewillbefor10to 12
hoursaweekwithaninitialcontractfor2yearsbeingoffered.ThecostofemployingtheCommunity Worker
will be borne by the Community Fund.
```
```
Thechurch'svisionfor2024istobea 'CommunityoftheCross'.Theemphasisbeingtofollowinthefootsteps of
ChristbyshowingHisloveandspeakingoutHismessage.Thecrosswasa placeofsacrificeandthecallto the
church will be to give themselves to God and sharing what they have with others.
```
```
The year will be separated into three themes:
```
- `Spring Term - The Cross a place of Love`
- `Summer Term - The Cross a place of Transformation`
- `Autumn - The Cross a place of Hope`
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Company number`**
```
07893445 (England and Wales)
```
## **`Registered Charity number`**
```
1145653
```
## **`Registered office`**
```
Chiltern Way
Basingstoke
Hampshire
RG22 5BB
```
```
Page 5
```
```
Buckskin Evangelical Church
```
## **`Report of the Trustees`**
## **`for the Year Ended 31 December 2023`**
## **`Trustees`**
```
Ashley Boardman Chairman (from 13/06/23)
Michael Boys
Andrew Dossett Treasurer
Amelia Nirmnal (from 23/01/24)
William Ross
Darren Skipp Chairman (to 13/06/23)
Richard Spiers
Ian Thompson (to 07/04/23)
Margaret Thompson
```
## **`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 6
```
## **`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 2023.
```
## **`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: .............................................
```
```
Page 7
```
## **`Buckskin Evangelical Church`**
## **`Statement of Financial Activities`**
## **`for the Year Ended 31 December 2023`**
|`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`165,812`**
`Other trading activities`
`2`
**`1,298`**
`Investment income`
`3`
**`847`**
`Other income`
**`-`**
**`Total`**
**`167,957`**
**`EXPENDITURE ON`**
`Raising funds`
**`367`**
**`Charitable activities`**
`charitable`
**`143,883`**
`Other`
**`22,260`**
**`Total`**
**`166,510`**
**`NET INCOME`**
**`1,447`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`808,695`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`810,142`**|`Restricted`
`funds`
`£`
**`33,757`**
**`-`**
**`268`**
**`2,010`**
**`36,035`**
**`366`**
**`18,968`**
**`1,869`**
**`21,203`**
**`14,832`**
**`19,908`**
**`34,740`**|**`31.12.23`**
`31.12.22`
**`Total`**
`Total`
**`funds`**
`funds`
**`£`**
`£`
**`199,569`**
`208,638`
**`1,298`**
`215`
**`1,115`**
`199`
**`2,010`**
`11,545`
**`203,992`**
`220,597`
**`733`**
`333`
**`162,851`**
`190,141`
**`24,129`**
`17,351`
**`187,713`**
`207,825`
**`16,279`**
`12,772`
**`828,603`**
`815,831`
**`844,882`**
`828,603`|**`31.12.23`**
`31.12.22`
**`Total`**
`Total`
**`funds`**
`funds`
**`£`**
`£`
**`199,569`**
`208,638`
**`1,298`**
`215`
**`1,115`**
`199`
**`2,010`**
`11,545`
**`203,992`**
`220,597`
**`733`**
`333`
**`162,851`**
`190,141`
**`24,129`**
`17,351`
**`187,713`**
`207,825`
**`16,279`**
`12,772`
**`828,603`**
`815,831`
**`844,882`**
`828,603`|
|---|---|---|---|
||||`220,597`|
||||`333`
`190,141`
`17,351`|
||||`207,825`|
||||`12,772`
`815,831`|
||||`828,603`|
```
The notes form part of these financial statements
```
```
Page 8
```
```
Buckskin Evangelical Church
```
## **`Balance Sheet`**
## **`31 December 2023`**
|`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`
`£`
**`903,047`**
**`6,762`**
**`34,971`**
**`41,733`**
**`(20,960)`**
**`20,773`**
**`923,820`**
**`(113,678)`**
**`810,142`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`34,740`**
**`34,740`**
**`-`**
**`34,740`**
**`34,740`**
**`-`**
**`34,740`**|**`31.12.23`**
**`Total`**
**`funds`**
**`£`**
**`903,047`**
**`6,762`**
**`69,711`**
**`76,473`**
**`(20,960)`**
**`55,513`**
**`958,560`**
**`(113,678)`**
**`844,882`**
**`810,142`**
**`34,740`**
**`844,882`**|`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`|
|---|---|---|---|---|
```
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006 for
the year ended 31 December 2023.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 December 2023 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 9
```
```
Buckskin Evangelical Church
```
## **`Balance Sheet - continued`**
## **`31 December 2023`**
```
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 10
```
```
Buckskin Evangelical Church
```
```
Notes to the Financial Statements
for the Year Ended 31 December 2023
```
## **`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.`**
||**`31.12.23`**|`31.12.22`|
|---|---|---|
||**`£`**|`£`|
|`Church activities`|**`1,298`**|`215`|
|**`INVESTMENT INCOME`**|||
||**`31.12.23`**|`31.12.22`|
||**`£`**|`£`|
|`Deposit account interest`|**`1,115`**|`199`|
```
continued...
```
```
Page 11
```
```
Buckskin Evangelical Church
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 December 2023`**
## **`4. NET INCOME/(EXPENDITURE)`**
```
Net income/(expenditure) is stated after charging/(crediting):
```
||**`31.12.23`**|`31.12.22`|
|---|---|---|
||**`£`**|`£`|
|`Depreciation - owned assets`|**`9,976`**|`9,974`|
## **`5. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2023nor for
the year ended 31 December 2022.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31December2023norfortheyear ended
31 December 2022.
```
## **`6. STAFF COSTS`**
```
Staff costs
```
||**`2023`**|`2022`|
|---|---|---|
||**`£`**|`£`|
|`Wages and salaries`|**`85,651`**|`93,065`|
|`Social Security costs`|**`1,983`**|`2,831`|
|`Other pension costs`|**`3,408`**|`3,557`|
||||
||**`91,042`**|`99,453`|
||||
```
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:
```
||**`31.12.23`**|`31.12.22`|
|---|---|---|
|`Full Time Pastor`|**`1`**|`1`|
|`Full Time Associate Pastor`|**`-`**|`1`|
|`Part Time Staff`|**`3`**|`4`|
||**`4`**|`6`|
```
No employees received emoluments in excess of £60,000.
```
```
InJune2023theassociatepastorlefttheChurch,andisnotduetobereplaced.InOctober the
Church employed a Youth worker, a new role for the Church.
```
```
continued...
```
```
Page 12
```
```
Buckskin Evangelical Church
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 December 2023`**
## **`7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|**`7.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**||||
|---|---|---|---|
|`Unrestricted`
`fund`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`164,069`
`Other trading activities`
`215`
`Investment income`
`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`**
`6,375`
**`Net movement in funds`**
`6,139`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`802,556`
**`TOTAL FUNDS CARRIED FORWARD`**
`808,695`
**`8.`**
**`TANGIBLE FIXED ASSETS`**
**`COST`**
`At 1 January 2023 and`
`31 December 2023`
**`DEPRECIATION`**
`At 1 January 2023`
`Charge for year`
`At 31 December 2023`
**`NET BOOK VALUE`**
`At 31 December 2023`
`At 31 December 2022`|`Restricted`
`funds`
`£`
`44,569`
`-`
`20`
`1,285`
`45,874`
`3`
`32,863`
`-`
`32,866`
`13,008`
`(6,375)`
`6,633`
`13,275`
`19,908`|`Total`
`funds`
`£`
`208,638`
`215`
`199`
`11,545`
`220,597`
`333`
`190,141`
`17,351`
`207,825`
`12,772`
`-`
`12,772`
`815,831`
`828,603`
`Freehold`
`property`
`£`
**`997,595`**
**`84,572`**
**`9,976`**
**`94,548`**
**`903,047`**
`913,023`|`Total`
`funds`
`£`
`208,638`
`215`
`199`
`11,545`|
||||`220,597`|
||||`333`
`190,141`
`17,351`|
||||`207,825`|
||||`12,772`
`-`|
||||`12,772`
`815,831`|
||||`828,603`|
```
continued...
```
```
Page 13
```
## **`Buckskin Evangelical Church`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 December 2023`**
|**`9.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
`Prepayments and accrued income`
**`10.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Bank loans and overdrafts (see note 12)`
`Trade creditors`
`Social security and other taxes`
`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`|**`31.12.23`**
**`£`**
**`1,970`**
**`4,792`**
**`6,762`**
**`31.12.23`**
**`£`**
**`11,966`**
**`502`**
**`1,423`**
**`7,069`**
**`20,960`**
**`31.12.23`**
**`£`**
**`113,678`**
**`31.12.23`**
**`£`**
**`11,966`**
**`77,124`**
**`36,554`**|`31.12.22`
`£`
`-`
`8,004`
`8,004`
`31.12.22`
`£`
`11,958`
`5,474`
`-`
`6,016`
`23,448`
`31.12.22`
`£`
`125,083`|
|---|---|---|
|||`31.12.22`
`£`
`11,958`
`72,777`
`52,306`|
```
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 1.1.23`
`in funds`
`£`
`£`
**`808,695`**
**`1,447`**
**`19,908`**
**`14,832`**
**`828,603`**
**`16,279`**|`At`
`31.12.23`
`£`
**`810,142`**
**`34,740`**|
|---|---|---|
|||**`844,882`**|
```
continued...
```
```
Page 14
```
```
Buckskin Evangelical Church
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 December 2023`**
## **`13. MOVEMENT IN FUNDS - continued`**
```
Net movement in funds, included in the above are as follows:
```
|||`Incoming`|`Resources`|`Movement`|
|---|---|---|---|---|
|||`resources`|`expended`|`in funds`|
|||`£`|`£`|`£`|
|**`Unrestricted funds`**|||||
|`General fund`||**`167,957`**|**`(166,510)`**|**`1,447`**|
|**`Restricted funds`**|||||
|`Restricted fund`||**`36,035`**|**`(21,203)`**|**`14,832`**|
|**`TOTAL FUNDS`**||**`203,992`**|**`(187,713)`**|**`16,279`**|
|**`Comparatives for movement in funds`**|||||
|||`Net`|`Transfers`||
|||`movement`|`between`|`At`|
|`At 1.1.22`||`in funds`|`funds`|`31.12.22`|
||`£`|`£`|`£`|`£`|
|**`Unrestricted funds`**|||||
|`General fund`|`802,556`|`(236)`|`6,375`|`808,695`|
|**`Restricted funds`**|||||
|`Restricted fund`|`13,275`|`13,008`|`(6,375)`|`19,908`|
|**`TOTAL FUNDS`**|`815,831`|`12,772`|`-`|`828,603`|
|`Comparative net movement in funds, included in the above`||`are as follows:`|||
|||`Incoming`|`Resources`|`Movement`|
|||`resources`|`expended`|`in funds`|
|||`£`|`£`|`£`|
|**`Unrestricted funds`**|||||
|`General fund`||`174,723`|`(174,959)`|`(236)`|
|**`Restricted funds`**|||||
|`Restricted fund`||`45,874`|`(32,866)`|`13,008`|
|**`TOTAL FUNDS`**||`220,597`|`(207,825)`|`12,772`|
```
continued...
```
```
Page 15
```
```
Buckskin Evangelical Church
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 December 2023`**
## **`13. MOVEMENT IN FUNDS - continued`**
||`At 01/01/23`|`Income`|`Expenditure`|`Transfers`|`At 31/12/23`|
|---|---|---|---|---|---|
|`General fund`|`805,641`|`164,031`|`154,193`|`(5,337)`|`810,142`|
|||||||
|`Designated funds`||||||
|`Building funds`|`1,394`|`160`|`-`|`(1,554)`|`-`|
|`TLG fund`|`1,626`|`300`|`6,090`|`4,163`|`-`|
|`Turkey-Syria Earthquake`
`appeal`|`-`|`2,195`|`2,700`|`505`|`-`|
|`Youth Lounge Refurbishment`||`1,224`|`3,446`|`2,222`||
|||||||
|||||||
|`Total Unrestricted`|`808,695`|`167,956`|`166,509`|`-`|`810,142`|
|||||||
|`Restricted funds`||||||
|`Building fund`|`558`|`-`|`-`|`-`|`558`|
|`Childrens Worker`|`6,000`|`-`|`4,750`|`-`|`1,250`|
|`Community Fund`|`-`|`21,101`|`1,304`|`4,564`|`24,361`|
|`Cook and Eat`|`336`|`500`|`713`|`-`|`123`|
|`Equipment`|`-`|`8,644`|`10,406`|`1,762`|`-`|
|`Gifts`|`7,719`|`-`|`-`|`(1,762)`|`5,957`|
|`Hardship Fund`|`5,296`|`33`|`764`|`(4,564)`|`-`|
|`Holiday Fund`|`-`|`1,913`|`1,913`|`-`|`-`|
|`Make Lunch`|`-`|`3,740`|`1,248`|`-`|`2,492`|
|`TEAR Fund Quiz Night`|`-`|`105`|`105`|`-`|`-`|
|||||||
|`Total Restricted`|`19,908`|`36,035`|`21,203`|`-`|`34,740`|
|||||||
|||||||
|`Total Funds`|`828,603`|`203,991`|`187,713`|`-`|`844,881`|
|||||||
|||||||
```
TheBuildingFundexiststoupgradethefabricandfacilitiesofthebuildinginorderthatitismore cost
effective to run.
```
```
TLG funds cover the mentoring programme for the local school.
```
```
BuckskinHardshipFundwasestablishedduring2020tosupportpeoplelocallysufferingasa resultof the
Covid19pandemic.TheBuckskinHardshipFundwasclosedduring2023asthefundhadfulfilled its
purpose.Inlinewiththefund'stermofreference,thetrusteestransferredthebalanceofthe fund,
£4,564, to a new (restricted) fund, the Buckskin Community Fund.
```
## **`14. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31 December 2023.
```
```
Page 16
```