Trustees’ Annual Report for the period
From 01 / 09 / 2022 To 31 / 08 / 2023
Charity name: The Christ Church Gospel Partners Fund
Charity registration number: 1150427
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governingdocument |
Para 1.17 | To advance the Christian faith, enable pastoral care, advance education |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The charity has provided ministry training grants to eight individuals. A manse was provided to a pastor and his family at below market rent. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have had due regard to the guidance issued on public benefit by the Charity Commission. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Eight individuals were enabled to participate in the Ministry Training Scheme at Christ Church Southampton through receipt of grants. The student ministry at Christ Church Southampton was supported by provision of the manse for a student pastor. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | We consider we have funds in hand to meet obligations undertaken. Though Ministry Trainees have become more self- funded and less reliant on the trust, along with travel and course expenses dropping slightly compared to previous years, this year has seen the occasional need to provide additional grants for specific trainees who have needed support amidst the rising cost of living. Rent for the manse provides coverage for the interest loan taken out for the property, however rising interest rates have diminished the monthly amount being saved for ongoing maintenance costs. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves are held because income is not guaranteed from year to year and the trust wishes to be able to assure assistance where required. Reserves are still held in ongoing provision of grants to support Ministry Training and other purposes. |
| Amount of reserves held | Para 1.22 | £82,665.61 |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | n/a |
Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
|
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal | Para 1.46 |
risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust deed date 9th November 2010 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Unincorporated |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | By existing trustees |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | The Christ Church Gospel Partners Fund |
|---|---|
| Other name the charity uses | n/a |
| Registered charitynumber | 1150427 |
| Charity’s principal address | 1 REDHILL CLOSE SOUTHAMPTON SO16 7BT |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Nigel Paul Bridges | Chairman | |||
| Francis Edward Orlando Saer |
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| James Jonathan Welch Roberts |
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– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Position (eg. Secretary, Chair, etc) Date Signature(s) Full name(s) Position (eg. Secretary, Chair, etc) Date
Charity Name No (if any) The Christ Church Gospel Partners Fund 1150427 Receipts and payments accounts CC16a For the period Period start date Period end date To from 9/1/2022 8/31/2023
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| A1 Receipts General Donations 28,800 Gift Aid 2,484 Donations towards Manse - Gross Interest 185 Reimbursements for SC Gospel - Other 91 Manse Rent 18,150 TCS Donations - 49,710 - - Sub total - Total receipts 49,710 A3 Payments Courses and conferences 7,496 Incidental Expenses 103 Sundry 86 Trainee Grants 6,415 Manse Expenses 5,439 TCS Transfer - TCS Expenses - Loan Interest Repayment 15,261 EarlyWithdrawal Charge - Bank 79 Sub total 34,879 Manse Capital - - Sub total - Total payments 34,879 Net of receipts/(payments) 14,831 A5 Transfers between funds A6 Cash funds last year end 67,834 Cash funds this year end 82,665 Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) |
to the nearest £ - - - - - - - 27,141 27,141 - - - 27,141 - - - - - 25,784 8,686 - - 34,470 - - - 34,470 - 7,329 6,977 - 352 Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ 28,800 2,484 - 185 - 91 18,150 27,141 76,851 - - - 76,851 7,496 103 86 6,415 5,439 25,784 8,686 15,261 79 69,349 - - - 69,349 7,502 - 74,811 82,313 |
Last year to the nearest £ |
| - - - - - - - - - |
28,800 | 33,927 | ||
| 2,484 | - | |||
| - | 60,692 | |||
| 185 | 20 | |||
| - | 2,340 | |||
| 91 | 107 | |||
| 18,150 | 3,099 | |||
| 27,141 | 7,500 | |||
| 76,851 | 107,685 | |||
| - - - |
- | |||
| - | - | |||
| - | - | |||
| - | 76,851 | 107,685 | ||
| - - - - - - - - - - |
7,496 | 17,467 | ||
| 103 | - | |||
| 86 | 100 | |||
| 6,415 | 9,400 | |||
| 5,439 | 12,106 | |||
| 25,784 | - | |||
| 8,686 | 523 | |||
| 15,261 | 2,115 | |||
| 79 | - | |||
| 69,349 | 41,712 | |||
| - - - |
- | 119,435 | ||
| - | - | |||
| - | 119,435 | |||
| - | 69,349 | 161,147 | ||
| - 7,329 | - - - - |
7,502 | - 53,462 | |
| - | - | |||
| 6,977 | 74,811 | 128,273 | ||
| - 352 | 82,313 | 74,811 |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use |
Details Current Account (Co-Op) Details Details Details Manse Details Mortgage on Manse (Kingdom Bank) Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ 82,665 - 82,665 OK to nearest £ - - - - - - Restricted Restricted Unrestricted funds Unrestricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates |
to nearest £ - 352 - - - 352 OK to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) 399,000 - - - - - - - - 279,300 - - - - Restricted funds Restricted funds Amount due (optional) |
to nearest £ Endowment funds |
|---|---|---|---|---|
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| OK | ||||
| to nearest £ Endowment funds |
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| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| Current value (optional) |
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| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| Current value (optional) |
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| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| When due (optional) |
||||
| Mortgage on Manse (Kingdom Bank) | Restricted | 279,300 | ||
| - | ||||
| - | ||||
| - | ||||
| - |
Signed by one or two trustees on behalf of all the trustees
Signature
Date of Print Name approval
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ The Christ Church Gospel Partners Fund members of On accounts for the year 31 August 2023 Charity no 1150427 ended (if any) Set out on pages 1 to 2 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2023.
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Signed: F Jones Date: 19/06/2024 Name: Fiona Jones Relevant professional ACA qualification(s) or body (if any): Address: 41 Westridge Road Southampton SO17 2HP
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
1
October 2018
IER
Give here brief details of any items that the examiner wishes to disclose .
2
October 2018
IER