Godfirst Church Cheltenham Ltd Report and Accounts Year ended 31st December 2022
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Godfirst Church Cheltenham TRUSTEES. ANNUAL REPORT IINCORPORATING DIRECTORS, REPORTI FOR THE YEAR ENDED 31 DECEMBER 2022 The trustee8, who are the charlty's dlreclors for the purposes of company law, have pleasur8 in 8ubmllling the Report and Accounts lor the year. Oblaets of the charlty The ch8rfly is a charitable company and Is govemed by Ils ManrandUM and artlcles of assoclatlon. The prfmary objectlve of the ch8rily. as sel out In the govemin9 document, Is to advance the Chrfsllan fallh In accordance wlth the charity's Statement of Beliefs, In Chellgnham, and In such other parts of the Unlled Kingdom and the worfd, as the Trustees may from lime to Ilme thlnk fll. Summary of the charlty'5 maln actlvltlts and achlevem8nts To further the above oblecls and vlsion, the ch8rfty'$ main acllvilies and achlevemenls were as follows.. The church b&yan gathering Informally Sn September 2009. Al Ihs start of Ihls reporting p9rlod we had 133 adults and 51 chlldren would considor Godfirsl Ihelr church. However by the end of tho reporting perfod had 142 adu118 and 60 children who would consldèr Godlirsl Ihelr church. Grants and Glvlng We have made grants tg grganlsallon8 and ¢h8rftl¢s that share our valugs and Gharflable alms, W provlded flnance lor local charltles such as Famlly Space and Tgens In Cris18. Wg havo a Hard8hlp fund (ln Ilna wllh on8 of Dur charitable alms) whlch we developed lo ollow u8 10 support local peopl8 In deep financSal need, In Ilnè with our Hard8hlp fund poll¢y, We 8UPPOrt our church plonllng network Advance Movgm8nl UK. We contlnu8 lo support churche8 overseas In less developed sellings. th81 are part ol the Advance network of churches, Includlng Dar e8 Salaam, Tanzania and Amanzimolotl. Ourban South Africa. We also support Advance churches In Nepal who face signiflcanl poverty due lo complications brought about by the pandgmic. We continue lo revlow our safeguarding procedures in line with curronl guldsllnes from Thlrtyone'.glghl Iforrnerfy CCPASI. We have worked lo ensure conllnued full GDPR compllance. In plannlng the acllvilies the TN8lees have applled the guldance on publk benefit issued by the Charfly Commisslon. staffing Our slafflng base at the end of 2022 was 2.6 FTE12021'. 2.61. Our s18ff team conslsts of a full limo Senior Pastor, a full timè Asgoclale Pastor, a Children's Worker for 5 hours10.10 FTEI. an OpeRlions Manager lor 12 hour810.34 FTEI and a Treasurer for 5 hours10.14 FTEI.
Godfir5t Church Cheltsnham TRUSTEES. ANNUAL REPORT (INCORPORATING DIRECTORS. REPORTI FOR THE YEAR ENDED 31 DECEMBER 2022 Stu¢turo. Governancè and Management. The policy and operating decisions of the charity fest with the Directors who meet regularly lo monltor the actlvllles of thè Company. The Trustees are responsible for ensuring that Godfirsl Chufch Chellenham fLtllills ils alms. The managemènt of the charity is dtslogaled to Howard Kellell who sems both as Trustee and Is employed as the leader of the ¢hur¢h. Staff salaries and CLindilions a set by a TTUStee sub- committ06 to ensur& no conflict of Interest in this area. Potential new Irustees are id&nllfled by the Eld@rs and 8pprDved and appointed by a voto of the TDJslee board. Howard has regular meetings with Ihe wider leaders ol the church. Our Treasurer prepares delalled monthly financial reports for the Elders and Trustee8. Whilst tho Spiritual leadership of Godflrst Church Cheltenham lies wjth a team of four Elders. we ensure a ¢l&ar delinaalion of spons1111105, betwèen Trusleas, Elders and Stall team Godflrsl15 part of the Advancé Nètwork ol ChurGh¢s. Flnanclal revlew During the year Income increased by £241,472 10 £398,951 and eXPBndilure increased by £1,986, 10 £193,g23. As a result the ¢harily has report8d a surplus for the year of £20S,02812021.. £34,458 deficitl and not ass8ls have Increasod by the same amount to £268.207. Nel current assets includas cash of £287.449 of whlch £1,020 Is r&stricled, £255,885 Is held In the designalod Vlsk)n fund and £30,544 held In unre8trtclgd lund8. R•8ervo8 poII¢y The 8oard of Dlreclors have eslabllshed a pollcy whereby free reserves (whh the Iruslees define as being unTeslricled nel Gurrenl assets) held by the charlly should be rnaint8lned at belweon 2 and 3 months of nomial commilled church expenditure Iwhich equates lo apPXimatelY £2840KI. The reserves pol Includes green, amber and red acllon kvels., il eash flow falls below 2 and 1 month8 normal commilled Church exp&nditure. The Charity operalos a Vision Fund whlch 15 deslgnaled for slal&gic in(tlallves that would help grow the church. If it became necessary, these funds could b¢ used lo cover the Gharily'8 oporaling exp&nses and so they are considered to fomi part of free r8serves. At the ygar4nd the chorily held unTeS1r1Od nel tunI assets of £265,955. K8y rlsks and un¢ertalntlos The Dirgctors have reviewed the rlsks to whlch a Small ¢harfty operallng wrth few employees Is exposed. Appropriate procedures are In place lo identify, monitor and revlew these rfsks on a regular basls. Plans for the future We remain commilled lo growih in1Sne wllh our charitable alms ond with a desire to be of public bgnefil lo the peopk of Chettenhaffl and bayond.
Godflrst Church Chaltènham TRUSTEES. ANNUAL REPORT UNCORPORATING DIRECTORS, REPORn FOR THE YEAR ENDED 31 DECEMBER 2022 Although not included In the perfod of these accounts, on the 16th Jun& 2023 we completed Ihg £650,000 purchase of The Chapel lft)mrty Chapel Arts) in cenlrdl Cheltenh8m Knspp Road. The bullding Is an extensively refurblshed Baptist chapel built in 1821. The generous glving of church and partner ¢hurch8s allowed us lo albcate £248,000 towards the purchase with the balance as a mortgag@ of £402,000 from Klngdorn Bank, The bullding will serve as a facbllly for use as a church hub, for worshlp, youth, chlldren events and facilat8 our community engagement. We, also, hope lo conllnue lo facllale the use of the venue by the k>cal arts community We are planning to relaunch our Toddler Group and other actilivgs whlch weTe ¢urtai18d in th& pandemic. with new soclal lusllce projects planned in partnershlp wllh "Be 8 Good Neiqhbou¥' a new communlly CIO in Chellenham. We wlll conllnu¢ in our partnershlp wllh Challenham Ladles Colloge from thom we rent our Sunday vgnue al The P8rabola Arts Cantre. R&spon8ibllltles of trustees undèr company law Tho Irustaes are responslble ftsr pr&paring the Iru8lees' annLtal report and the financlal statgmenls In accordance th applicable law and Unlled Kingdom Accountlng Standards lUnled Klngdom Generally Accepted Accounllng Pracllcel. Company law r8qulr&s th& trustees lo prepar¢ flnanc1818181emenl$ for each flnanc181 year whkh givg 8 true ond lalr view of the state of th8 affairs gf the charllable company as al the balance sheet data and of ils Incoming resources and appllcallon of r9sources, Includlng Income and expendllurg, lor the flnanclal year. In preparing these Ilnanclal slalemonls, the Iruslees are required lo., l. select suitable accounllng policies 8nd apply them consislonlly., 2. observe the mglhods and prlnclples In the Charfties SORP,. 3. make hJdgementS and &slimales that aro aSonable and prud8nl- slate wholhor the applicable accounting standards have bèen followed, subject lo any mgledal departvr8s dlsclosed and eyplained In the financl81 slalemenls., and 5. prepare the financi21 slalemonts on a going con¢em basis unless 11 Ss In8ppropri8le to presume that the chadly 11 conllnue In gperallon. The dlreclors 8re reSponsIb for kèeping propor accountlng reco$ that disclose th reasonable 8ccuracy al any Ilmo th@ financial posillon ol the ¢hartablo company and en8ble them lo ensure that the financlal slalem8nls comply wllh the Companl8s Act 2006. They are also responsible for safeguardlng th8 assets of Ihg charitable company and hence for taking reasonab steps for the prevenllon and detectlDn of fraud and other irregulari11gS. Approval This report, whtch has been prepared in accordance th the provisrons ol the CDmpanbs Act 2006 relallng lo small ¢ompanie6, approved by the Imslees and soned on their behalf by.. Dale..
INDEPENDENT EXAMINERfs REPORT TO THE TRUSTEES OF Godflr5t Church Cheltenham Clhe Company'l I report to the charity iNslees on my èxaminatbn of Ihe accoun15 of the Company for the year ending 2022 On P8ges 6 to 15 folbwing, vthich hav8 been ppared on Ihe basis of th8 accounlng polKbs s&t out on pages 8 to g. Responsibslities and ba81$ of report As th$ ¢haritys tnjslees of the Company land also its d1clots lor th? purpos85 of company Lqwl you are responsible lor Ihe preparaiion of Ihe accoun16 In accordance with Ihg raquirem8nls of Ihe Compani8s Act 2006 1.the 2006 Acl'l. Having salisfEed myself Ihat thè accounts of th6 Company are nol reouir8d lo be audited undei Part 16 of Ihe 2006 A¢1 and are eligibte for indap8nd8nt &xamiThal¥)n, I repori In rn$pacl of my examinatn of your charily's ccounls as carrierl out undar seclK)n 145 of Ihe Charfllos Act 2011 I'the 2011 Act'l. In c&rrysng out my examinatDn I have fonowed the Dlreclions givon by the Charity Commra51on under 98Ction 145151 Ibl of Ihe 2011 Aei. Independent exam1r.6 statèment Sinca the Company's 91088 incomB exceedet1 £250,000 your examiner must b8 a member ol 8 body IBlOd in 88clion 145 01 th8 2011 Aci. I confirm Ihal l am qualifled ÈO L¢ndertake the 8xarnln$tton bec£uso l arn a member ol the In5tiluts of Chartere(J AOUntantS in England & Wabs, which Is one ol lh& Ilsled bo(Jies. I havo compl&t8d my exarnlnalbn, l Confimi that no rnaii8ts have come lo my allenllon In conn•clKin with ihe examinallon gkno mo cause lo bell8Ve'. 1. accountlng rd8 were not kept In respect ol th& Company 08 requ5red by s8ellon 386 01 the 2006 Aei,. or 2. the 8ccoun15 do not with those COrds,. or 3. the accounts do noi conply wlh Ihe accounting r&qulftments of 8èCllon 398 ol the 2008 Act other than any rnquiremenl Ihat Ihe 8¢counls 9nie a 'lN8 laif view whlch L4 noi 8 maller con$k18red as part o18n independ8nl 8xarninalion., or 4. the uceounls have nol b8èn prepared in accordancg wh Iho methods and prfnclpkgs ol the Sl818m8nl of Recomin8nded PTa¢li¢e lof accounling and reportlng by charflles lapplicabl8 to charilieg prèparing Iheir accounls In accordance th the Financ1 ReportH)g Standard appkcable In th8 UK and Republ of Irel8nd IFRS 1021. I hav8 no concems and hav& acr085 no other maltets in conne¢ik)n with Ihe examln3lion lo whkh attention Shou be drawn in Ihi9 report in order lo enabl8 a pffjper under8landSng of the a¢¢ounls to be rnached. Lour8ns du PI8S515 AGA CAISAI Membèr of tho Inslilute ol Chartered Accounianls n England & Wal85 sl9waslP 1 Lamb's Passage London EC1Y 8A8 Date.. 18 September 2023
fjDdllrst ChurEh Cheltenha STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022 To181 Funds 2022 To181 Fund5 2021 un$1Cled Funds Restricted Funds Note INCOME AND ENDOWMENT8 FROM: Don8liDnS and Chgri18ble 8Glivllg5 Inveslm&nls 390,487 2,597 362 1,830 3.675 392,317 6.272 362 156,330 1,087 62 Total Income and endowment8 393 446 398 951 157479 EXPENOITURE ON.. Charflable aclivitles 185,891 8,232 193,923 191,937 Tolal éxpondltltr 185.691 197 923 191 937 Net Incomollexpendlturel 207,765 12,7271 205,028 134,4581 Tr•n•f•r8 bolw••n funds 13 12.2251 2,228 Net movemont In fundB 205,530 15021 205,028 134,4581 Reconelllatlon of fund•: To181 fund8 brovghl forw8rd 62,602 677 63,179 97,637 Total funds c8rrl8d forward 268,132 75 268 207 The s18lemenl ol Ilnoneial acllvlll#$ h¢ludè$ all gèlns and1058e8 I8cognlsed In tha ye8r. All In¢trme ond 8xpgndMurg d8rtv& from eonlinuhg opersiloTrs. The 8lal&menl of financ1 8ctfvitS a150 compl8 wllh the requlremeThls for gn income and exp6ndKure 8¢counl 18qulred by the Compan5 Act 2006. Th8 not8$ on pgge 8-14 form part of these accounts,
Godllrst Chwch Cheltenham 8ALANCE strEeT AS AT 31 DECEVBER 2022 Totsl Funds 2022 Tol81 Fun(5s 2021 UnreÈiricied Funds Rasiricted Fund5 FIXED ASSETS Tanyible assets 2.177 4304 CURRENT A8SEYS Deblor5 Cash al bank and in hand 1.583 286.429 1,583 287 449 7,037 288,012 1.020 289.032 88,227 ¢REDITORS.. Amounls falllng wlthln on¥ ytthr 122.0571 19451 123,0021 P9.3521 Nèt currènt 888•t8 1 IllablllO&81 265 955 75 266 030 TOTAL ASSETS 268132 75 268 207 FLIND BALANCES Unres1¢18d Fund8 Goneroi lund$ DesvJnaled funds 11,872 256.260 2eB,132 11.672 266 260 268.132 1.631 62.602 ReStrte FundB 75 7S 577 268.132 78 268 207 The chanigbie ¢ompgny Is enifti8d 10 exemptbn frn audit under Seclion 477 01 the CompBnies Aci 2006 lor the ye8f 8nd•d 31 Decembor 2022, Tho m&mber5 h8Ye not QUired the company lo oblaln èn audit of ils fln3nclal slalemen15 for Iha yèar ended 31 Docombor 2022 in 8ccordÈnte wlh So¢llon 476 of the Comp8nias Act 2006 however, in occordance wlh Sect 145 of tha Charilios Aci 2011, th8 accounlB have been exanlne(S by en Independent exarrlner and Ihelr réport has b88n Includod kn Ihe8e flnanclal ?1slewKnl$. The dlreciors (who aru the charflable compgny IN81888 fDrlhB purposes of chgrtly lawl acknowdge their re&ponsiblllUes lor. 101 ongurfng th81 Iho charfiable company ke8ps a¢ty)uniing record8 vlhich comply wth Seclions 386 2nd 387 of Iho Compsnk95 Aci 3000 8nd', Ibl p¢paring nnBnclÈl s1oi#ments which a true and fair vltrw of the slato of affa1 of the thari13ble ryany aB al the and of e8ch Ilnanclal yaar and of ils nel income or expen(Silure for each tinancl year in 8Cterdanct wilh the r8quirem8nls of Sections 394 anil 395 and whlch Olhewlse cr>mply th the rÈquirtrmenl¥ of Ihe Companles Act 2006 platin9 10 financial slslem8nts. so far as 8pplicobJ8 lo thé Ch2rilabl& compÈny. The financial slaternenls have been prnparad in accanlanet wilh thè pffjvisions ol Part 15 of the Comp8nleB Act 2006 fy181ing lo small conw3nles. The finanal Stateme appffjved by the Board ol Llreciors and ware swneil on Is b¢haii by.. Company nuner. 08090929 Chanly number. 1148222 Th8 notes on paga 8.14 lorn p8rt ofthese accounts.
GOdr&I Churc Chtrhtrrthttm NOTE8 TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 21122 si•tui•ry Informollon The thailly Is È tharflabb Ilnlled by 9uaranlgfj and 18 Ineorporaled In Ihe Uniled Klngdort Thq company'5 reglstered nuntrr re9151ered Dftke eddr0$8 Can bts found on the Company Inlomlk)n poge. Ac¢oundng Pollcl•B These finan¢Lg1 almBnls prepanad on 8 going concem ba9, und#rihe histor1 c091 eonvgnlh)n. Tho¥fj slBlenEnls have been piepArod ln accoidanee v41h the "Slolgrnenl of RecommBnOod Pra¢llc¢'. A¢¢ounling and Rgportlno by Chiillw38 preparing ihelr accDidanco wllh the Fin8n¢i&l Reportkn9 sland4 applIceb in Iho UK fynd ROpUbl of Irtd IFRS 1021 I'lhe charl1$ 80RP"k vAlh Iho Financ1 ReportlTrg sIAtsda app1k¥ts lh8 un& KSnudom Republlc of Iieland fFR$ 102.1 Wilh tho COThpan9 Acl 2006 $nd wllh Iho ChariliD3 Act 2011. Thè thaDly rneelB the dollnilKJn ol a publ ben81 gnlity E5 $91 oul h FRS 102, The principb8 8dooled In Ihe preparalbn ol Iho Ilnanoi01 $tAièmgnl¥ ir• lol oul Oek)w, ThÈ IrU818ws (who 8ro Ihe ohaiiobKg wmpany's diR¢iors lor Ihg puroo868 of COvanY L4wl hove s$9380 vthelh9r Ihfr us• of Ihe ¢gn¢em bos1$ 18 JPPFQp19 and have ¢onslder•d p0161ble evonls or condKltyn¥ that myhl c991 Sionif¥t doubl on Ihe Bblllly ol Ih charity lo continuo 88 4 oolng conc4m. The tsLg$ h4vg made Ihls 8¥98s$menl lor b p8nod of al ka¥l yg&1 Irom Ihe ol 8ppTh&I of Iho linand61 $i$t$rnBnls. In partlcuLqi Iho Iwsie&s hvo con81d8d Ihè IoTFcasts Dnd piohyclionts 8nd Iha pos51b Impll¢8lbns should prolecl£d In¢om6 ind l or frxpenrlllure YBry unpxpociodly. The Iru$ieeb hovo ¢on¢luded IhHI Ih£i$19 8 rea8oDoblo gxpgdalkin Ihal lh8 rhirty ha$ È4&qualv resourc0¥ lo ntInue to OPtrlJlo lor the loro8e¢ebl8 luiure. Tho ch4rily th1¢y$ ¢onlVe5 Io odopl tho golnp concem bal¥ In preportny11g Ilninclal stalen8. bl Ino)m knOdIn9 h¥enI Income l& f9eognld h lh• podoos whlch Ihe ¢h4rNy becom6 anllled lo rocalpl, Ihg •mvnl roc4Mb can bo m88urhd vllh rna&DnAbl8 fOd4hly, r8celpl Is pmb8blè. For Ihe rno$l p•rt, kntomo Ik o•n8rJlly OnI$ll whon 11 IB r1{Vod, In¢orne Is only dolorrod wh6n tho tarity hfis to lullll eondillon8 boloo b8Mmlng eniiiod i¢11 orwhoro Iho donor ha8 POtlld IhÉi the 10 be expended In a lulum p•rftrd, Inmmg Iwm doniiions Bnd leg&ttbs1Th¢1udets rotoverabfg gill a, whkh TO91ed th• ral•d don4llon1s re¢elYed. Glll ald IhRI h¥¥ not baeD r8rovowd by Ihe b¥lgnc• $hooi rfole IB indudod èg ¥ d•blOr, Thfr ehadly telè on vdunl•er8 lo Ca oul many 01118 8cllvlliÈ8. Howévgr. in oc¢ord8nie wmh IhB SORP. th• vakn• ol Ihe¥ Fgrvlcos hs8 not been knduded in IhoAe 11n4n¢1 81oi&menls Js Ihoy ¢8nn¢i be lIabty mBB$uted. Inwrntr Iiom thDINHble o¢tlvllloB rnPTesenls In¢ow ¥•¢elvllb Imffl goods. and lad111¥ aupplw In lurtheranco ol Ihe ch8TIIy' Cherf18b obisGt& 11 Includ¥8 Incow church courn¢$ othèr ev4n19 Ind ojuystrg. In81m9n1 hixjmv mprnsoniB Inc(4Tr Otnoral8d by Ihè ¢h8rfly'6 488gls ond Compl98 bank Inleffjsl, Exp8Trdllurè. IncdIng VAT. Ygcogn¢d when In¢urrod DI, 11 ea1. wh•n 4 481 vr conslwc1O obl¥laln lor P&ymQhl adses provld¢d thai11 1$ prDb8bh) Ih•l 80111gmBnl wll be rgquod and tha anwunl of tho ob1valn csn bg mo88utsd o112bly. Th¢ ¢haThly mHkes gThnl¥ to othèr InstitvlK>ns And 1ndw411 lo lurther tts ¢hadtabfe obClIV¥S. Grdnits paYBb aro to¢DgnraeLI 48 ConB1rdè obllo&ik>ns arfso. N¥hlth w generalky whon tho charity expies8&5 8 rtymntnenl lo ltte recipni that can be rèWoUy and thon onty ID tho oxtenl Ih81 gny ¢ondlDn8 a55Dckgled vlh tha grAnl HTQ ol Ihe NtrOl•l the th0rf1y. Gov9mBn ¢4¥ts. ¥yhkh ar9 In¢bdo¢ In expendllure on chartitrblè acIN1l9 ¥eparsloty In lh• noleB lo th• gccouniè. Indvdeg cosls 9$9¢¢1gied 1h Ihe indepondonl examlnBIIots DI Ihp IancIE1 ylaiemgrntts, wlh ¢OnSlllUllon818nd Btalulory requlr8m?n15 End any olhèrexpendiluie InCu0d lh& Blrul8gr¢ man&gorrenl of th chavly. Gen0181 lJnd5 a Un1¢18 lund5 thich are •¥ailable lor use ai tho 114CWIIDn ol Ihe furthef£nce ol the oeneral oblecltves ol Ihe ¢h8rty. De51gnaled Tund¥ unre$irf¢io¢ fvnds ihal have btBn ¥91 ae by Iha I$&% lor pértlculor putpts$•$. Ftgglncted lundB are are lo bo aGcoidanc vjfth T£SIrfBlbn8 thpogad by donoB,' Ihey in&Jde donalbnts frvm appBBL4 lor 8p8cWl¢ a¢1115 01 profvd5. Items purch858O oi donated lol the ¢h8rly'y owi a cèpll8llsed when Ihe cost ol purchased item& or Ihe fak value ol donAl•d 11oN¢, is more than £90D the ilem Is bxppclgd lo ben8lR the ¢haFtty over mTe one accounling perfod. Oepiedalhin 14 ¢h&&d on 8 SIrnbI lin& baslg so as lo wrle down Ihe value ol Bach p¥sel Iv tts esbmaied r&dual vae 1118nyl 0r its expeded useful econom lrfe. To 8thV0 Ihb obpclroe the lolDwjng rates of d9pieclaln are ch8rg£d.' Equipr(nl Ovar 3 10 7 years Thg ¢arylng values ol lèngibb fr&[• ag5919 8ro rev1&4%d for impBlrttnt in p•rfod$ ev8nl$ orthange8 In ¢*um8tan¢e5 indale IhAI the Cansryng value my nol be t0¥&FabI.
G¢drst Church Cheltenkam NOTE8 TO THE ACCOUNTS FOR THE YEAR ÉNf>Eo 31 DECEMBER 21J22 The chanly op¥r4ièS delln2d ContUln p6nsion sthem89 lor rts grryloyee& Obltgaiknns lor a>nlnbulion8 ID ihese 6cherffjs Tewgn138d as an e¥&nse when the 1&gblily ari89¥. The hssets of Ih&se 5rhtrn8 818 hgld sep4rdl8ly (rom those Df the Larily I Inuèp$nd&niiy admnie1o4 lunds. Thg èfty Is a reglsl&reo ¢h$ty.' 11 ha& iak£Th adwanlage of Ihe vatbus YellBfs from 18X•lk>r¢ Availab lo charits an¢ no ibx is p8yabl8 on the Lliafily8 The thadiy% Iln8nclal asEgls and fingncL31 lbIleS all ouallty as I9(>1 InstNrnonl8. ¥5 dèfined by FRS102. CrtdKOK9 gnd dobiors srè at Iheir gxpeded seitlamani valug (non11¥ tha aThx>uni ol cash Ihal Ihp ¢h$rity éxp8cts lo pay orr&rAknI artn Thty ¢hJrily hay ¥dv8nlag& ol an èxenyiion conferyD¢ by tho chart1$ 80RP has ntst ptspamd a c4$h Ik)W Sl8tamani. ceouniin ssnda Thfj I1£8$ do noi Gubn8idtrr Ihai tharo are any maloMJl 8ouic49 ol eIlallon oruncortainty al the ¥h@01 daio Ihai coukj Te81111 In 8 MalorbBI &dIU51nI to Ihè tèrry0 valuo&01 a1$ 8riO118bllKkn& Ip) thB next p1)rtI)g pedod. Restrtcled Funds Fund 2022 2021 Donalh)n& ol ¢•$h and BlmlLqr IncomB lax C¥trabl0 334.160 1,755 75 335.915 S6.402 392317 129,123 ?.7.207 156.330 390.487 In¢•m• trom Bharlttyblfy aclvll•4 un[esile Fund8 Rtr81rl¢ied Funds 2022 2021 Churth ¢OUlga8 •nd ¢v•nl• Inv•$kn•nt Incom? UnfvoirKl•d Funds Ro8lrtd4d Fund$ 2022 2021 B8hk leTest 362 Y62 362 362 62 62 Charlt•ble exp•nJStUM Unr•$irtcie FundB Rg$idct&d Funds 2022 2021 Costy Iniurr•d dlro¢tly #p•cWlc acUvlll•s Env1oynI reKgle Siall cosls ConlgreThrFs 4nd irnlnlng Advort18lDg Chvr(* aclivtthg& 105.600 1.028 10,812 283 12.540 2?.483 2.520 15.227 105.60Q 1.028 16,204 283 l J.048 22.483 2,520 1Y,559 1,463 8.719 1.285 9.922 15.575 300 20.856 5.392 506 fJU05t spÈaker5 GrontB payab Inolè 6¢> 2,332 170 493 176.725 180,024 ¢ts Incwred on 8ppOrt& 4dmlnlgtr&Uon Gov2mance costs Independgnl èlhffllnèls 1&9 Olfi¢e ¢o¥i$, iTh¢iudlng equlpm?nl prtciaoTh ol lang1b fixed asw8 In9u[n0 2,040 10.287 2.127 744 2.040 10.287 2.127 744 1,440 7,516 2.127 820 Totsl •xpfndr¢ 185691 193.923 191 937 The leg payabb Its the 1ndePer8nI exanNnorforex¥minh9 the accoun15 4wJ¥ E2.D40 P021'. £),4401.
Godfirst Chrth Chèhènha NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 LIEGEMBER2022 Grants payat49 IndarS 2022 MK55bn8ry $uppod Rel1 ol poverty 17,146 1T.259 300 30 413 ThB wmpar4lfves lorlhe provu8 yts8ra as fdhws.. 202 Mlssh)nAry 8UPPOrf riellef ol poverty 19,4e6 278 912 19.744 912 The piIn¢al grnnlato rDmpii8qd.. 2022 2D21 AdvAnGg IAfjvem6nl UK God'i TNb& Churth Tanz4n F8thty Spoco T¢en5 in Gri8 Reconclll8lk>n Road CAP ranls lo hslmullons forla88 Ihgti 11,000 •i¢h ,400 7,600 3.800 2,748 2,100 2,40Q 2,400 8,S1D 1,500 138 818 Analy81ts ol At•llco•ts, lh• cwt ol k•y management porgonn•l and Iru•t•• r•murn•r•llo 2022 2021 QTOBB WApe¥ end Jalarl88 Ernpbyal$ nglbnsl hguf8nc8 conith)Ullon Emphyol¥ pen$lon conirfbulbn 94,79e 4,084 109,791 6.682 105eoo 7he avei4go ThnIhty number ol eryibyv$ dvrtn9 lh• yeAr J (2D21.' ¥1 Thkn 9ou•l88 10 2,6 FTE 12021.. 2.8 FTEI ol tho chorMy'8 ac1w$ ¢8nl&O out by voluDl••r4. No s18N r•c•fvèd galÈdè• al B rnlfj olrnor8 Ih&n £60,000 per snnum. (2021.. nonel The Gharfl¥B key rnsnagomenl cornpl Ihtr Iiu81oas and the key staff narned on the Compèny Inlom•llon pop. Toi81 frmploym•rl ban81s payab lo koy mDnAoèmuni for tha yoar 4vew folky. Olhor Empbyer eryhymgnl P8n¥lon b$nfjld¥ wniDbvlh>n$ Wa9B¥ 8 2022 Tw8iee9'. Hgwdtd Kel•ii Otherrnembeis of key rnonao8trnnl 48,191 35,26 4,f01 1.951 9.292 The lovowino 8mDuNls ¥Yfr payabkn Its Ihty pr•wou$ y64r Other Empbyer grrployment penslon beneflls ¢onidbyih)ng Wag8¥ & 2021 Tru$lpe$'. w&rd Kelleti Oth81 rntymbers olkey m9na4oN*nl 44,923 50,d47 4,101 1.498 49,024 51.945 100 969 Howard K&lbtt 8eNed 88 8 Church atr Hnd recewed Ihe ebove paymnls lor $•rying ¥) Ih41 ¢èpacty. not fDf 5ervlng as A Iruslee.. Ih&s8 p4y1$ 4re plIe by the charly'5 govemng documnl.
13adfiw$t Chtstch Cheltenham NOTE8 TO THE ACCOUlffS FOR THE YEAR EWDÉD 31 DECEIIBER 2022 rangibl¢ aBs•15 Totsi 2022 equpnnl Cost AE 1 JAfiuary 2022 Al 31 Doer2022 10.634 A¢curnuLiiod dfip[fjdan Al 1 J¥nu3ry 2D22 Charo¢ lorlhe year Al 31 L¢8nl)8r2022 6.330 6,350 N•1 book valua Al 31 Decer 2022 AI 31 D•c8rythgr2021 Otybthri 2022 2021 Falllng due wlthln on• y•4r' Tax recoverab Oihor deblo PpayMeI6 8¢cru8d In¢0 1.071 4.746 563 1.709 7.037 50S 10 C4•h at Bank thnd Ih H•nd 2022 ?Q21 CBsh AE bAiik wllh IrfmEdlul8 Noiko d•po¥llB Iwlh a tèrm of IhF8• NIh8 01 kg881 39,31e 248 133 287.440 11 ¢i•dllor•'. Ilabllttl•s falllno du¢ wlthln on• y•ar 2022 ?021 Te*aliOh and soclal 8&cuAIy otligr tdI101& Accru419 Dalèiioo Inco Gmnl obho&iioD• 2,01b 1,247 4,140 4,029 4,368 1,470 15.600 23.00? 19,200 29 3r>?. 12 PgH61on ¢ommlknonlS Durfng ih6 ye8r empYO$ wn$lon coniilbullon$ ioiaiing £e.73812021'. £5,659lwern payable lo Oollned GwI1ul1 penl ponobn 5chem5. Pen5knn conlilbulbns tolalllng E359 p021.. £3411 wom owod al Ihfj balance ghgei d&iB.
Godfivst cthuh Chehpnhum NOTE8 TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 13 F¥nds During lh& y8ftrthe mDvèm¢nl¥ In the funds wgr¢ as lolow8.' Openlng b8Lgnco 2022 IncoTrAng r850URX5 Oulgolng rgsouri%s Oaln5 And sses 2022 Ckn9ing balance 2022 the Yew 2022 2022 2022 Desty7Traled Funds Fund 80,971 19S.269 258.260 GeftomIUoffjTerf FunL# 198,157 12,2281 11.872 Tolal unrestled Funds 82.8D2 393,448 (2,2251 288.Y32 RO&1•d Fvnds HaShIP Mlg8lDn Youlh CAP 375 oio 3,675 76 677 15.9001 2.225 577 S.505 2,22S 75 Agqreplllo of nd 83.179 39e,961 268.207 The It8n81•18 r6lerr6d lo abDV8 were mado loi Ihe lolb4np re4DonB'. •) lo cover ghortlall In NewdBy coslo Anblyblo gf nol ••g•1$ by Th8 ao8019 Ind Ilabllllhj ol thp v8rfov8 ¥vèrè oa loltswy.. Gon¥iil Dq5*naled lund8 R081rf¢to lun49 2022 T£ngfofe Ilxed 99?818 Dgblo CEsh 81 bank In hand CrèdMor8 lalllno dvo wKhln on• yaÈr 2,177 1,208 )0,544 (22.OJf71 2,17Y 1,683 28r.449 (23,0021 375 266,88S 1.020 (9451 11,872 258,260 75 264,207
Godfirst church Cheliènham NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 QECEMEER 2022 In ttip PV$ ar1h? mowifflenls kn tho ¢hanty'slwo$w¢ie 89 folbwg.. OpeThSng bancE 2021 Incoming sourtr£s Ouigolng r8soiirce$ 2021 TrdnsferA In yaar 2021 Galns and Ios6e$ 2021 balanc& 2021 2021 DesvJn$iod Funds VI0 Fun 70,971 (10,0001 80.971 Gfynernl UnMstcled Fitn&$ 24.603 166.893 1189.8fj41 lo.0 1,831 Tolèlunrnsirtctod Fun08 95.674 156,89? {189.8641 62,802 Roslitled Funds ltsrdshlp 327 577 586 577 FHmlly Sparo 8aFry Chkn IG481 2,063 585 677 AgQffjgO1• ol lunds 97.e37 1S7,478 63.179 AnolyBls ol not •¥¥ib by ID year, th• ¥xgig And N4tyWIkn8 of th8 v&& lun¢0 r0 as lo115.. D¥i9nBlad fund8 R8Slrtded fund8 2021 T•ngW)le IIKtd aege18 D•blOrn C&$h •1 b&nk and In harsd CTrdrtoro lalllng dufr wllhln on• y•ar 4,304 7,037 19,642 129,3521 4,304 7,037 60,971 577 129.3521 60.977 577 63.179 Thp Vigijn lund ly TrpNosèni•d by f0$0urtas aalde by the IN&ie•8 lorprol•GtI thalwlll hBlp gitsw lh¢ Ghurth l.0. new ¥l#ll, new byKdinys Bnd Oiher8lr&lfjgl¢ IDlkllive61- led fund The H4rdshlp lund wa¥ cre8ied Irn donat¥ 10 ho¥ Indlvldugls In 8edous lin•ncbl Mod. Thg Mlgslon by donalk>n81ts 4 sp&ciAI offedng tr help SUPPDrt Q¥8ty809 m18flDn. Thg balan¢• >t the stort ol I year on Ihl8 rggtrklO0 fund pald oui as Y Dranl lo lh8 Gh%y. Thè Youth was ¢fy81od from locom TrlY£d in lor 5pprlG yDUth aLl1vil3 gwh 4$ goiny Nkwday. Tho CAP fundwdg c10d ljy donalknn9 ID a spèc10110dng taken 10 6UPPOrt Iha olCAP Ichiislk9n$ Ao8lnsl Powertylwhkh wo¥ sub$&9uemlly pakj out uranl 10 ch8ry. 14 TransaGtlon8 wSth rolotod ParfiOB During th8 yPaf the chatity recelved donallOn$ 10181hDy £S8,346 P021.. E27.2041 In)m rè&ied p8rtkE (Ythich kn¢ludèB INslees. key mathagèment and anyon8 cknswly coDD8ctéd to IhÈtnl. Exc£pl iorlhè ièynbuRomgnL ol expenses Incumd when t¢till9 $g agent forlhe ch4rtly. or kncurtd when undert3klng out9, no 8ipensOs were lo lor lorl the Iwsleès. Excew as dlsdowd In ntsld 7'Anatysk4 of Btaff cosis,, the h&YO no tsiher irdnsadknns wth partkg during th& ar. 15 MBmbers Eath mBn£rolthe conyaTry cornnlls lo ctsnttULè ifihe charfly1swoun& up an 2mowi 01 £10.
Gtsdflrst Church Chèllènham NOTES TO THE ACCOUNTS FOR TEIE YEAR ENDED 31 OEGEMBER 2022 16 Evènl$ slncg year Allhgugh nol in¢liidad li th poriod of Iho39 8¢counls, Ihg 161h Juno 2023 w4 cornple th8 I$50,ON purtha?e ol Thp ¢li¥pi Ilornwty Chapel Ansl In contral Ch&llèDham- KnApp Road. Tho o&rerw5 glylro r)1 ¢hure.h and partngrchurches albyéod tss lo al01¢ £248.OCM) iOYtsrd5 Ihe pur¢haso wilh ihe bAknce a6 a nkirtgage 01 £402,000 from Kkngdom8ank. 14
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