CHRISTCHURCH BALDOCK – ANNUAL REPORT & ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2022
Christchurch Baldock is a company limited by guarantee incorporated in England under company number: 08728895 Registered Charity Number (England & Wales): 1154689
Registered Office Address: 48 Westell Close, Baldock, Herts SG7 6RY www.cc-b.uk
Christchurch Baldock
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Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Contents
| 1 | Reference and Administrative Details ................................................................................. 3 |
|---|---|
| 2 | Overview ............................................................................................................................ 4 |
| 3 | Objective and Activities for the Public Benefit ..................................................................... 4 |
| 3.1 | General ....................................................................................................................................... 4 |
| 3.2 | Charitable Objectives .................................................................................................................. 4 |
| 3.3 | Significant Activities During 2022................................................................................................. 5 |
| 3.4 | Where are we going in 2023? ...................................................................................................... 7 |
| 4 | Structure, Governance and Management ............................................................................ 7 |
| 4.1 | Duty to ensure regulatory compliance ......................................................................................... 7 |
| 4.2 | Duty of prudence ........................................................................................................................ 7 |
| 4.3 | Duty of Care ................................................................................................................................ 7 |
| 4.4 | Safeguarding Policy ..................................................................................................................... 7 |
| 4.5 | Risk Review ................................................................................................................................ 7 |
| 4.6 | Data Protection Policy ................................................................................................................. 8 |
| 4.7 | Other Policies ............................................................................................................................. 8 |
| 5 | Achievements and Performance ......................................................................................... 8 |
| 6 | Financial Review ................................................................................................................. 8 |
| 6.1 | General ....................................................................................................................................... 8 |
| 6.2 | Analysis of Income ...................................................................................................................... 9 |
| 6.3 | Analysis of Expenditure ............................................................................................................... 9 |
| 6.4 | Property and Assets .................................................................................................................... 9 |
| 6.5 | Reserves ..................................................................................................................................... 9 |
| 6.6 | Building and Infrastructure Funds .............................................................................................. 10 |
| 6.7 | 2023 Budget ............................................................................................................................. 10 |
| 6.8 | Small company provisions ......................................................................................................... 10 |
| 7 | Independent Examiner’s Report to the Trustees of Christchurch ....................................... 11 |
| 8 | Accounts .......................................................................................................................... 12 |
| 8.1 | Statement of Financial Activities for the Year Ended 31 December 2022 ..................................... 12 |
| 8.2 | Balance Sheet as at 31 December 2022 ...................................................................................... 13 |
| 9 | Trustee Approval of Accounts ........................................................................................... 13 |
| 10 | Notes to the Accounts ...................................................................................................... 14 |
Christchurch Baldock
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Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
1 Reference and Administrative Details
Charity Name Christchurch Baldock Registered Charity Number 1154689 Charity’s Principal Address: 6 Stane Street, Baldock, Herts SG7 6TS Incorporation Status: Company, limited by guarantee, from 1[st] January 2014 Company registration number: 08728895 Registered office address: 48 Westell Close, Baldock, Herts SG7 6RY Managing Trustees: Rev. Christopher J Jenkins Chair, Senior Minister Mr. Bernard V Palmer until 16 Oct 2022 Mr. Neil Poole Mr. John Batchelor Mr. David Willbe Mr. Sam Williams Assistant Minister Mr. Nick Clube from 16 Oct 2022 Independent Examiner: Geoff Mann FCIE Geoff Mann Limited Dee House Highworth Avenue Cambridge CB4 2BQ Bankers: HSBC Bank Virgin Money plc 1 Market Place Charity Deposit Account Hitchin Newcastle-Upon-Tyne Herts NE3 4ZE SG5 1DR Legal Advisers: Edward Connor Solicitors Bowens Solicitors 39 The Point 35 Bridge Street Market Harborough Hitchin LE16 7QU SG5 2DF Website: www.cc-b.uk Members: 82
Christchurch Baldock
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Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
2 Overview
The trustees present their annual report and accounts of the charity for the year ended 31 December 2022. It contains the following items:
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The annual report of the charity explaining the activities undertaken in the year, how the charity met its public benefit objectives and the way the church is managed.
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The annual financial report for the financial year ended 31 December 2022, the required statements and notes to the accounts.
The accounts have been prepared in accordance with ‘Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019)’.
3 Objective and Activities for the Public Benefit
3.1 General
Christchurch Baldock is situated in North Hertfordshire in the East of England region, serving communities in the surrounding towns and villages.
The church is a medium-sized community-based church which is focused on serving all ages. We are affiliated with:
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The Fellowship of Independent Evangelical Churches (FIEC) and have adopted the FIEC’s Basis of Faith as the theological basis of our work www.fiec.org.uk
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Evangelical Alliance www.eauk.org Gospel Partnership www.thegospelpartnerships.org.uk
The activities of the church involve the promotion of our beliefs and reaching out to our community and beyond, providing care and sharing our faith.
On Sunday mornings, the congregation at the worship service has around 120 people attending (95 adults + 25 children) each week. On Sunday evenings, the congregation at the worship service has around 25 people attending each week. While COVID-19 restrictions were in place, the Sunday morning and Sunday evening services were streamed on YouTube and the morning service continues to be live streamed. The evening service is recorded and put on the church’s website and YouTube.
The trustees of Christchurch Baldock confirm they have had regard for the Charity Commission’s guidance on public benefit and believe they have met the legal requirement of the Charities Act 2011.
3.2 Charitable Objectives
Our Church Rules define our aim, mission and values:
Our aim & mission: Christchurch Baldock has as its supreme aim to glorify God. This involves living for him and making known the gospel of Jesus Christ, which is God’s only means of salvation. We also desire to be a caring and supportive community.
Our values: We seek to live according to the teaching of the Bible which is the word of God.
Our Public Benefit Statement describes, in practical detail, the two purposes of the church.
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The advancement of the Christian faith in accordance with the Basis of Faith, primarily but not exclusively within North Hertfordshire and the surrounding neighbourhood.
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Such other charitable purposes as shall, in the opinion of the members of the Church in general, further the work of the Church.
We carry out these purposes by activities which include but are not limited to the following:
- a) Organise weekly services and other gatherings open to members and non-members, to present the teachings of the Bible and to provide opportunities for Christian response, including prayer and worship.
Christchurch Baldock
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Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
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b) Provide support and guidance to those activities of its members that seek to promote, in Baldock and the surrounding areas, an understanding of the Christian beliefs as set out in the Church’s Basis of Faith.
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c) Assist the work of individual Christians and Christian organisations, insofar as that work, whether in this country or abroad, accords with the Church’s aims.
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d) Carry out acts of social concern to benefit persons in Baldock and the surrounding areas facing hardship, on the basis of their need.
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e) Develop relationships with other churches in Baldock and the surrounding areas, as well as nationally and overseas, which are mutually beneficial in advancing our aims.
In the opinion of the Trustees, the purposes of the Church have been met by the activities reported for 2022, as listed below and reviewed with church members at the Annual General Meeting.
3.3 Significant Activities During 2022
This was an excellent year for Christchurch as we continued to rebuild after the pandemic. In January we launched our new four part Mission Statement as follows:
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Good News to Share
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Teaching that Connects
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A Life of Worship
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Friends who Love
Fulfilling this mission is not only the role of the staff team but the whole membership of the church. These four qualities should characterise and define everything we undertake.
Great love and care is shown particularly during times of crisis and family stress. Meals are cooked for families with new babies. Care is shown for the elderly and bereaved. We are very pleased with the way that families in the church use their homes for hospitality particularly as a way of welcoming people who are not yet Christians into the church.
All ongoing ministries of the church are now held in person. We continue to stream our morning service, to film and upload our evening services, and to retain virtual meeting facilities when occasion demands. We aim to keep up regular activity on social media, and find this a useful way to communicate our news and message with the public, as well as the church.
I would particularly like to pay tribute to our church administrator, Caroline McGurk, who stepped down during the year and has been ably replaced by Lai-Lee Fong, and to our longstanding elder, Bernard Palmer, who has stepped down from active eldership duties and received the honorary title of Elder Emeritus in recognition of his outstanding commitment and service alongside his wife Rosy. Caroline remains a member of the leadership team and Nick Clube was elected as an elder.
In January we hosted a women’s breakfast featuring guest speaker Helen Thorne who addressed the topic of anxiety to a packed hall. This was very well received and gave rise to some useful contacts.
Our Easter activities included a very popular family party which drew members of the wider community and our midweek groups. Following on from this we co-ordinated a week of outreach events in cooperation with other local churches under the banner of “A Passion for Life”, a national initiative.
In May we made two significant contributions to the Baldock Fair: a free café at which many people were welcomed including some Ukrainian guests, and a children’s craft stall which proved very popular and was particularly appreciated by the fair organisers.
Our group for older people, Body and Soul, received some excellent publicity through holding an open morning on the High Street in June. This has resulted in a number of new members and the profile of the group has continued to rise, while the volunteer team has also been expanded. Special events included guest speakers advising on fraud prevention and safety.
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Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Throughout the academic year our midweek youth and children’s groups continue to flourish and in July we were delighted to be able to run a holiday club, for the first time since 2019. Many volunteers were involved and a large number of families took part.
In August we were able to hold a garden party during which five adults were baptised. We also baptised and dedicated a number of young children during the year.
In September we began the new academic year with a whole-church weekend away, for the first time since 2019. Guest speakers were provided for adults, youth and children and many friendships were strengthened. It was particularly good that a number of guests were from the “fringe” of the church.
We held a harvest festival in September during which we collected a large quantity of foodstuff for a local Foodbank which we support in an ongoing way.
December was a busy month with the Baldock fair at which we again ran a popular Nativity photo booth and were able to invite many people to church. Our Christmas events included celebrations for all our community groups, as well as a family party, a Carols by Candlelight event and an all-age Christmas Day service. Invitations to these were delivered to homes throughout Baldock by the church.
The church has continued to fulfil its role in the community and provides public benefit through activities including:
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Tea and Tinies: this support group for parents of new and pre-mobile babies, established in response to the Covid situation, has continued to be greatly appreciated by users.
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Tea and Tots: our playgroup and story-time for carers and toddlers continues to be popular in the town enjoying a strong reputation as a welcoming and caring group and a point of contact for needy families. We are part of the Stevenage and North Herts Toddler Groups Network.
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Body and Soul: exercise activities, fun and spiritual input for the elderly. Members are regularly phoned and visited.
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Living Stones: informal singles support group
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Rock Solid, a midweek children’s club, was relaunched in September on a monthly basis to provide activities for primary school aged children and families.
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The Link, our midweek youth group continues to attract a strong core of young people who enjoy the activities and bible teaching. A number were booked to attend summer camps although not all of these were able to take place.
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Band of Brothers: men’s monthly pub lunches have resumed.
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Women of Worth: as well as the breakfast mentioned above, a Christmas craft evening was held in November which was well received.
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Home groups: meeting on various nights each week (8 venues).
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Regular church services in Baldock and Letchworth
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Sunday morning services include groups for Tots (preschool), Kids (primary) and Youth (KS3) and regular all age services.
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Pastoral activities within the community
We support local and overseas charities and mission endeavours. We are pleased to record that we also support a number of children from deprived areas with their education and living costs, working through Compassion UK. Grants were made in 2022 to:
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International mission organisations
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UK Christian workers
as shown in the accounts (see Note 10). Many members also support Christian & charitable organisations at home and abroad.
Through our hardship fund and a donation from Baldock Futures we were also able to provide emergency financial support to individuals in critical need.
Christchurch Baldock
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Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
3.4 Where are we going in 2023?
It remains our goal to be a biblical and contemporary church – teaching the historic truths of the Christian faith in a way which communicates with the modern world. In particular, we are keen to develop every member ministry, that is to say, that every member of the church should be involved in serving.
In Philippians 1:3-5 the Apostle Paul says: “I thank my God every time I remember you. In all my prayers for all of you, I always pray with joy because of your partnership in the gospel from the first day until now…” A contemporary biblical church will view its members as partners in the work not as passive recipients only. Our goal for Christchurch is that everyone should see themselves as investing time, energy and talents in the work of the gospel for God’s glory.
In 2023 we will begin a monthly prayer gathering, reflecting the importance of prayer in the life of the church. We continue to review our governance structures. A working group has been established to look into the question of a permanent home for the church. They will continue to meet and report in the coming year.
4 Structure, Governance and Management
The Trustees are responsible for the day-to-day running of the Incorporated Charity. Charity law requires the Trustees to do the following:
4.1 Duty to ensure regulatory compliance
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Ensure that Christchurch Baldock complies with all relevant laws and reporting requirements, in particular of the Companies House and Charities Commission as regulators;
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Act with integrity avoiding conflict of interest or misuse of Christchurch Baldock funds or assets;
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Prepare annual report and accounts in accordance with Companies House and Charities Commission requirements.
4.2 Duty of prudence
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Ensure that the charity remains solvent and uses funds and assets wisely and only to further the purposes of the charity;
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Avoid activities that may place the charity’s funds or assets or reputation at risk.
4.3 Duty of Care
- Exercise reasonable skill and care as trustees, and obtain external professional advice on all matters where there may be material risk to the charity, or where advice is needed to enable the trustees to fulfil their duties.
4.4 Safeguarding Policy
The church has a Safeguarding Policy for the protection of children & vulnerable persons. This is available from our public domain church website. This policy has been extensively reviewed during the year and training is provided for all involved. The Trustees continue to liaise with the leadership team and all those working with children and with vulnerable adults to ensure high standards of care are maintained, including appropriate Disclosure & Barring Service (DBS) checks on all leaders and helpers.
4.5 Risk Review
| 4.5 | Risk Review | Risk Review |
|---|---|---|
| Risk | Assessments have been carried out and are held on file for all our meeting locations. These include: | |
| | Knights Templar School, Baldock | Sunday morning and other open meetings |
| | Letchworth Free Church | Sunday evening and other meetings |
| | Baldock Community Centre | Body & Soul and Tea & Tots mid-week groups |
| | Baldock United Reformed Church | Tea & Tinies and The Link mid-week groups |
The church holds appropriate insurance including public liability insurance to cover all these locations, as well as insurance for the assets owned by the church, and trustee liability insurance.
Christchurch Baldock
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Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
4.6 Data Protection Policy
The Data Protection Legislation is concerned with the protection of human rights in relation to personal data. The aim of the Legislation is to ensure that personal data is used fairly and lawfully and that where necessary the privacy of individuals is respected. During the course of the activities of Christchurch Baldock the Church will collect, store and process personal data about our members, people who attend our services and activities, suppliers and other third parties and we recognise that the correct and lawful treatment of this data will maintain confidence in the Church.
The policy sets out the basis on which we will process any personal data we collect from data subjects, or that is provided to us by data subjects or other sources. The policy relates to all personal data held by Christchurch Baldock, regardless of format. It applies to anyone who handles this personal data, including those working on behalf of the Church.
The Trustees are accountable for compliance with the data protection legislation within the organisation and have appointed a Data Protection Manager (DPM) to handle our day-to-day obligations. This role is fulfilled by the Church Administrator.
4.7 Other Policies
Other policies have been issued and distributed to applicable teams to help manage the church’s affairs. These include:
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Administrative Rules
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Health & Safety Policy
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Evacuation Plans & Leaders Guide
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Food Hygiene Guidelines
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Complaints Handling Policy
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Conflict of Interest Policy
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Volunteer Management Policy
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Inclusive Learning Process Guideline
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Financial Reserves Policy
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Investment Policy
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Staff Induction Policy & Guidelines
These policies are reviewed approximately every 2 years by the Trustees to ensure they are being followed and, where necessary, updated to reflect the latest regulations and best practice guidelines.
5 Achievements and Performance
The AGM Ministry Reports, as presented at the AGM, record the various activities of the church throughout the year, with detailed comments on achievements.
The church has continued its programme of preaching, Bible teaching and support activities on Sundays. There is considerable additional teaching in small groups during the week. The church supports a number of local and national initiatives to care for the disadvantaged and advance the Christian faith.
6 Financial Review
6.1 General
We are extremely grateful for the very generous support we have received from the membership both financially and practically over the past year. This has enabled the work to continue, to promote the gospel and provide public benefit.
Our giving to the church is a part of our worship and commitment to the Lord Jesus Christ. The assets and money must remain servants not masters of what we do, and we need to prayerfully consider together how these things can be best used to serve the purposes of the church.
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Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
The trustees have the responsibility to consider how best to use the church’s money and we seek to maximize returns from our Reserves, savings and Building Fund. Our intent is to report transparently but not in excessive detail, as attached, so please speak to the trustees if you have questions.
6.2 Analysis of Income
Donations to the general fund have risen by 26% or £41.6k compared to last year. This includes a legacy donation of £29k. (2022: £200.1k; 2021: £158.5k) – see Note 3. Property rental income is slightly less than last year due to a break in tenancy.
Restricted income fund giving varies year on year depending on the funds supported. This year has seen a small decrease in the total amount compared to last year (2022: £12.9k; 2021: £15.2k).
Refer to details in Section 8.1 (SOFA) and Note 3.
6.3 Analysis of Expenditure
Total costs from the general fund increased by 7% or £12.7k this year compared to last year (2022: £193.2k; 2021: £180.4k).
Total expenditure from restricted funds saw a small decrease compared to last year.
Refer to details in Section 8.1 (SOFA) and Notes 5 to 10.
6.4 Property and Assets
Property owned by the incorporated Charity is as follows:
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14 Jackmans Place, Letchworth SG6 1RH, currently let with a tenancy agreement, bringing rental income to the church.
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73 Millstream Close, Hitchin SG4 0DB, currently let with a tenancy agreement and bringing rental income to the church.
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A 13%-part share in 165 Jackmans Place, Letchworth SG6 1RG, housing our Minister Chris Jenkins and his wife Becca & family, the remainder of the property being owned by them and some other church members.
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48 Westell Close, Baldock, SG7 6RY, housing our Assistant Minister Sam Williams and his wife .
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19 Pryors Court, Baldock, SG7 6QU, housing our Youth and Children’s Minister, Hannah Wijetunge until November. It is now providing rental income to the church.
We are grateful to John Batchelor and Bernard Palmer and their team for the maintenance, upkeep and decoration work performed to ensure the church property assets are kept in good repair.
The church is very grateful for the gifts and member loans which have supported the purchase of the home for our Assistant minister. In this reporting period, £17.0k of loans were repaid. £10.0k is due to be repaid in 2023, leaving a further £40.0k to repaid over the following 5 years.
Net cash current assets are £202.9k, of which £180.5k is unrestricted representing General funds and Reserves, and £22.4k is Restricted funds, as shown in the balance sheet, Section 8.2.
Refer to Section 8.2 (Balance sheet) and Notes 11 to 15.
6.5 Reserves
It is the stated general intent of the Trustees to hold sufficient Reserves to continue the charitable activities of the Trust should income and fundraising activities fall short. The Trustees consider that they should hold a sum equivalent to 3 months running costs, circa £48k (unrestricted expenditure/4), to be held on deposit or other investment which can be readily realised as cash, unless agreed otherwise with the members for particular temporary circumstances.
Reserves held by the church are £73.5k (net current assets of £163.7k – designated funds of £90.3k). This is £25.5k above the Trustees’ Reserves Policy.
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Annual Report & Accounts for year ended 31 December 2022
6.6 Building and Infrastructure Funds
The church Building Fund, established in March 2014 as a long-term plan to finance the building of premises for church meetings, stands at £9.8k held as Restricted Funds, and members are invited to support this. In addition, available unrestricted funds would be allocated to a building project when applicable.
The Infrastructure Fund (Unrestricted, Designated) was established on 15[th] September 2018 to set aside money each year for use in acquiring buildings, accommodation or other infrastructure. It was agreed that 75% of the net surplus each year which was not otherwise ring-fenced would be placed in this fund. The fund balance at the end of the year is £90.1k. This includes a transfer of £35.9k from the general fund which is 75% of 2022 net income, as agreed by trustees.
6.7 2023 Budget
A budget for 2023 was presented at the Business Meeting in October 2022 and approved.
The budget assumes an unrestricted income of £233.0k, allowing for a continuation of a similar number of staff and activities. In detail, we will support:
| of staff and activities. In detail, we will support: | |
|---|---|
| Staff: Senior Minister: Chris Jenkins Assistant Minister: Sam Williams Youth & Children’s Minister: Hannah Wijetunge PA to Senior Minister: Becca Jenkins Administrator: Lai-Lee Fong Total: |
1.0 FTE 1.0 FTE 1.0 FTE 0.5 FTE 0.5 FTE |
| 4.0 FTE |
The budget also provides for the continued financial support to Christian partners working in international and UK missions.
6.8 Small company provisions
This report has been prepared in accordance with the small companies’ regime under the Companies Act 2006.
Christchurch Baldock
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Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
7 Independent Examiner’s Report to the Trustees of Christchurch
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Geoff Mann FCIE Geoff Mann Ltd Dee House Highworth Avenue Cambridge CB4 2BQ March 2023
Christchurch Baldock
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Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
8 Accounts
8.1 Statement of Financial Activities for the Year Ended 31 December 2022
----- Start of picture text -----
Restricted
Unrestricted Total Funds Total Funds
Notes Income
Funds 2022 2021
Funds
£ £ £ £
Income from: 3
Donations and legacies 200,060 12,915 212,975 173,697
Charitable activities 11,285 521 11,806 5,752
Investments 22,988 - 22,988 26,511
Other 7,380 - 7,380 4,917
Total income 241,713 13,436 255,149 210,877
Expenditure: 5
Raising funds 120 - 120 604
Charitable activities 187,271 12,838 200,109 182,947
Other Expenditure 5,771 - 5,771 13,438
Total expenditure 193,161 12,838 205,999 196,988
Net income/(expenditure) 48,552 598 49,150 13,889
Transfers between funds (621) 621 - -
Other recognised gains/(losses):
Other gains/(losses) - - - -
Net movement in funds 47,930 1,220 49,150 13,889
Reconciliation of funds:
Total funds brought forward 1,111,513 18,826 1,130,339 1,116,450
Total funds carried forward 1,159,444 20,045 1,179,489 1,130,339
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Christchurch Baldock
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Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
8.2 Balance Sheet as at 31 December 2022
----- Start of picture text -----
Restricted Total this Total last
Notes Unrestricted Income year year
funds funds 2022 2021
£ £ £ £
Fixed assets
Tangible assets 11 1,035,632 - 1,035,632 1,035,632
Total fixed assets 1,035,632 - 1,035,632 1,035,632
Current assets
Debtors 12 9,546 1,592 11,138 13,076
Cash at bank and in hand 15 180,581 22,430 203,011 166,134
Total current assets 190,127 24,022 214,149 179,210
Liabilities
Creditors: amounts falling due within one year 13 26,316 3,977 30,292 34,503
Net current assets/(liabilities) 163,811 20,045 183,857 144,707
Total assets less current liabilities 1,199,444 20,045 1,219,489 1,180,339
Creditors: amounts falling due after one year 13 40,000 - 40,000 50,000
Total net assets or liabilities 1,159,444 20,045 1,179,489 1,130,339
Funds of the Charity 16
Restricted income funds - 20,045 20,045 18,826
Unrestricted funds 1,159,444 - 1,159,444 1,111,513
Total funds 1,159,444 20,045 1,179,489 1,130,339
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For the financial year ended 31 December 2022, the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The notes on pages 14 to 29 form part of these accounts.
9 Trustee Approval of Accounts
Approved by the Trustees on 28th March 2023 and signed on their behalf by:
Signature Name Date Position C. J. Jenkins 28th March 2023 Chair of the Trustees N. J. Poole 28th March 2023 Treasurer
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________
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Annual Report & Accounts for year ended 31 December 2022
10 Notes to the Accounts
Note 1. Basis of Preparation of Accounts
1.1 Basis of accounting
The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the ‘Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019)’ and the Charities Act 2011.
Christchurch Baldock meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost of transaction value unless otherwise stated in the relevant accounting policy note(s).
1.2 Going concern
The Trustees' consider that there are no material uncertainties about the charity's ability to continue as a going concern.
The Trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
Note 2. Accounting Policies
2.1 Income
Recognition of income This is included in the Statement of Financial Activities (SoFA) when: the charity becomes entitled to the resources; it is more likely than not that the trustees will receive the resources; the monetary value can be measured with sufficient reliability. Incoming Resources with Where incoming resources have related expenditure (as with Related Expenditure fundraising) the incoming resources and related expenditure are reported gross in the SoFA. Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources. Tax reclaims on donations Income from tax reclaims are included in the SoFA at the same time as and gifts the gift to which they relate. Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise
Donated services and Donated services and facilities are included in the SOFA when facilities received at the value of the gift to the charity provided the value of the gift can be measured reliably.
Christchurch Baldock
Page 14 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. Investment gains and This includes any realised or unrealised gains or losses on the sale of losses investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
2.2 Expenditure and Liabilities
Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance and support Support costs have been allocated between governance costs and costs other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Grants with performance Where the charity gives a grant with conditions for its payment being a conditions specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Grants payable without These are only recognised in the accounts when a commitment has performance conditions been made and there are no conditions to be met relating to the grant which remain in the control of the charity. Support costs The charity has incurred expenditure on support costs. Creditors The charity has creditors which are measured at settlement amounts less any trade discounts Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Fund Accounting Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees. Restricted funds can only be used for the particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when the funds are raised for a particular purpose.
Christchurch Baldock
Page 15 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
2.3 Assets
Tangible fixed assets for These are capitalised if they can be used for more than one year, and use by charity cost at least £1500 They are valued at cost or a reasonable value on receipt. The depreciation rates and methods used are disclosed in note 11. Intangible fixed assets The charity has no intangible fixed assets (that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights) of material value. Heritage assets The charity has no heritage assets, (that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture). Investments The charity has no fixed asset investments or shares. Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
2.4 Pension Costs
Pension Costs The charity operates a defined contribution pension scheme. Contributions payable to the charity's scheme are charged to the statement of financial activities in the period to which they relate.
Christchurch Baldock
Page 16 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
Note 3. Analysis of Income
----- Start of picture text -----
2022 2021
Un- Restricted Total Un- Restricted Total
restricted income funds restricted income funds
funds funds 2022 funds funds 2021
£ £ £ £ £ £
Donations and legacies
Donations and gifts 146,057 10,866 156,924 136,318 6,167 142,485
Legacies 29,000 - 29,000 - - -
Other - - - - 6,480 6,480
Gift Aid 25,003 2,049 27,051 22,171 2,561 24,732
Total 200,060 12,915 212,975 158,489 15,208 173,697
Charitable activities & events
Rooted youth group - - - 86 - 86
Mens Convention - - - - - -
Rock Solid (5-10's) 66 - 66 60 - 60
Rooted and Link 280 - 280 - - -
Sunday Club - Compassion
- 26 26 - 64 64
sponsored children
Body & Soul group 1,537 495 2,032 1,055 140 1,195
Tea & Tots group 2,846 - 2,846 1,513 600 2,113
Women's Convention - - - - - -
Women of Worth (WOW) group 664 - 664 709 - 709
Band of Brothers (BOB) group - - - - - -
Charitable event - Weekend Away 5,685 - 5,685 1,525 - 1,525
Charitable event - Holiday Club 206 - 206 - - -
Charitable events - Evangelistic
Meetings - - - - - -
Total 11,285 521 11,806 4,948 804 5,752
Income from investments:
Interest income 326 - 326 111 - 111
Property rental income 22,663 - 22,663 26,400 - 26,400
Total 22,988 - 22,988 26,511 - 26,511
Other income
NIC Employment Allowance 5,000 - 5,000 4,000 - 4,000
Easyfundraising Charity donations 430 - 430 167 - 167
Anonymous gifts to members 1,800 - 1,800 750 - 750
Other - gain from sale of property 150 - 150 - - -
Total 7,380 - 7,380 4,917 - 4,917
TOTAL INCOME 241,713 13,436 255,149 194,865 16,012 210,877
----- End of picture text -----
The total unrestricted donations & legacies amount of £200,060 is shown above. Last year this amount was £158,489. This represents 26% increase from 2021 to 2022.
Christchurch Baldock
Page 17 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
Note 4. Donated goods, facilities and services
----- Start of picture text -----
2022 2021
£ £
Payroll Services (Figures4U Ltd.) 981 1,056
Total 981 1,056
----- End of picture text -----
Included as expenditure in Support & Governance Costs (Note 6) and as income in Donations and Gifts.
Note 5. Analysis of Expenditure
----- Start of picture text -----
2022 2021
Un- Restricted Total Un- Restricted Total
Notes restricted income funds restricted income funds
funds funds 2022 funds funds 2021
£ £ £ £ £ £
Expenditure on Raising Funds
Rental property repairs and maint charges 120 - 120 604 - 604
TOTAL EXPENDITURE on Raising
Funds 120 - 120 604 - 604
Expenditure on Charitable Activities
Event costs - evangelistic meetings 11,607 - 11,607 3,845 - 3,845
Services - Running Expenses & hall hire 18,513 2,451 20,964 14,740 2,455 17,195
Children's, Youth & 20s activities 2,653 - 2,653 1,223 - 1,223
Church Property - upkeep,
insurance,rent,council tax 8,673 - 8,673 16,893 - 16,893
Administration Expenses 2,624 - 2,624 354 - 354
Staff ministry expenses 8,882 629 9,512 4,830 - 4,830
Staff employment costs 8 115,995 - 115,995 106,770 - 106,770
Grants payable - Missionaries & Workers 10 15,755 9,758 25,513 15,049 14,087 29,136
Support & Governance Costs 6 2,568 - 2,568 2,700 - 2,700
TOTAL EXPENDITURE on Charitable
Activities 187,271 12,838 200,109 166,404 16,543 182,947
Other Expenditure
Anonymous gifts to members 1,800 - 1,800 750 - 750
Interest on loans 3,971 - 3,971 12,688 - 12,688
TOTAL OTHER EXPENDITURE 5,771 - 5,771 13,438 - 13,438
TOTAL EXPENDITURE 193,161 12,838 205,999 180,446 16,543 196,988
----- End of picture text -----
Christchurch Baldock
Page 18 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
Note 6. Support & Governance Costs
6.1 CURRENT reporting period
| Notes | Raising funds |
Charitable Activities |
Grand total 2022 |
Basis of allocation | ||||
|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | (Describe method) | |||||
| Trustee Governance costs - Companies House |
- | 26 | 26 | Allocated on time | ||||
| Trustee Governance costs - Liability Insurance |
- | 502 | 502 | Allocated on time | ||||
| Statutory fees - Indep Examination of Accounts |
7 | - | 552 | 552 | Allocated on time | |||
| Payroll administration | 4 | - | 981 | 981 | Allocated on time | |||
| Accountancyfee | 251 | 251 | Allocated on time | |||||
| Accounting costs - Paxton book- keeping software package support |
- | 90 | 90 | Allocated on time | ||||
| Finance costs - bank charges | - | 167 | 167 | Allocated on time | ||||
| ACAT Training | - | Allocated on time | ||||||
| Total | - | 2,568 | 2,568 |
6.2 PREVIOUS reporting period
| Notes | Raising funds |
Charitable Activities |
Grand total 2021 |
Basis of allocation | ||||
|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | (Describe method) | |||||
| Trustee Governance costs - Companies House |
- | - | - | Allocated on time | ||||
| Trustee Governance costs - Liability Insurance |
- | 459 | 459 | Allocated on time | ||||
| Statutory fees - Indep Examination of Accounts |
7 | - | 540 | 540 | Allocated on time | |||
| Payroll administration | 4 | - | 1,056 | 1,056 | Allocated on time | |||
| Accountancyfee | 294 | 294 | Allocated on time | |||||
| Accounting costs - Paxton book- keeping software package support |
- | 262 | 262 | Allocated on time | ||||
| Finance costs - bank charges | - | 89 | 89 | Allocated on time | ||||
| ACAT Training | - | - | Allocated on time | |||||
| Total | - | 2,700 | 2,700 |
Note 7. Details of certain types of expenditure - Statutory Fees
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Independent examiner’s fees | 552 | 540 |
Christchurch Baldock
Page 19 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
Note 8. Staff Employment Costs
8.1 Staff Costs
----- Start of picture text -----
2022 2021
Notes £ £
Salaries and benefits in kind 94,412 87,619
Employer's National Insurance Cost 6,755 6,059
Pension costs (defined contribution scheme) 9 13,340 12,833
Staff training & welfare 1,488 260
Total staff costs 115,995 106,770
----- End of picture text -----
No employees received employee benefits for the reporting period of more than £60,000.
8.2 Average Head Count in the Year
----- Start of picture text -----
2022 2021
Number Number
Fundraising 0.0 0.0
Charitable Activities 3.5 3.5
Administration 0.5 0.5
Governance 0.0 0.0
Total 4.0 4.0
----- End of picture text -----
Note 9. Pension Costs
The charity operates defined contribution pension schemes. The assets of the schemes are held separately from those of the charity in independently administered funds and are administered by:
(i) Clerical & Medical: for 2 employees (ii) The People’s Pension (B&CE): for 3 employees The pension cost charge represents contributions payable by the charity to the funds and totalled in the year £13,340. (2021 £12,833).
Christchurch Baldock
Page 20 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
Note 10. Grant Making
----- Start of picture text -----
10.1 Analysis of grants paid (included in expenditure on charitable activities)
Grants to Grants to Support Total
Analysis
institutions individuals costs 2022
£ £ £ £
Support to international mission charities & workers 19,118 795 - 19,913
Support to UK mission charities & workers 4,428 1,172 - 5,600
Total 23,546 1,967 - 25,513
10.2 Grants made to institutions
(a) International Mission
Total
Names of institution Purpose
£
OMF Mission work (SE Asia) - support of S H 6,015
IGT (Illyrian Gospel Trust) Mission work (Albania) - support of W&D N 9,810
UFM Mission work (intern'l) - support of M&R P 1,315
Compassion Mission work (internat'l) - 2 sponsored children 672
Release International Mission work (internat'l) - support persecuted church 805
IFES Mission work (internat'l) - universities and colleges 501
Special Appeals Mission work (internat'l) -
Total grants to institutions for International mission 19,118
(b) UK Mission
Total
Names of institution Purpose
£
UCCF (Universities & Colleges Christian Fellowship) Mission work in UK Universities & Colleges 1,785
Friends International Mission work (Int'l Students in UK) 1,139
CIS (Christians in Sport) Mission work (UK Sport Activities) 191
CIS (Christian Initiative to Schools) Mission work (Herts UK Schools) 899
Choice NH Mission work (Local Christian mission support) 151
Food Bank 263
Total grants to institutions for UK mission 4,428
TOTAL GRANTS PAID TO INSTITUTIONS IN REPORTING PERIOD 23,546
10.3 Grants made to individuals
(a) International Mission
Total
Names of individual Purpose
£
Hector Antelo - Pioneers Mission work (Bolivia) - support of HA ministry 795
Total grants to individuals for International mission 795
(b) UK Mission
Chris Richardson - Union Mission work (Sheffield) 1,172
Total grants to individuals for UK mission 1,172
TOTAL GRANTS PAID TO INDIVIDUALS IN REPORTING PERIOD 1,967
----- End of picture text -----
Christchurch Baldock
Page 21 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
10.4 Analysis of grants by Fund and comparatives with previous year
----- Start of picture text -----
2022 2021
Un- Total Un- Total
Restricted Restricted
Notes restricted funds restricted funds
income income
funds 2022 funds 2021
funds funds
£ £ £ £ £ £
Grantmaking
Support to international charities & workers 10.4a 10,917 8,996 19,913 10,895 12,997 23,892
Support to UK charities & workers 10.4b 4,838 762 5,600 4,154 1,090 5,244
Total expenditure on grants 15,755 9,758 25,513 15,049 14,087 29,136
10.4a. Grants made to charities & workers
- International work
OMF - Sarah in SE. Asia Inst 4,286 1,729 6,015 3,968 1,651 5,619
Illyrian Gospel Trust - Nivens in Albania Inst 3,723 6,087 9,810 3,597 2,103 5,700
Albania Support Indiv - - - - - -
UFM - Prests serving international mission Inst 1,061 254 1,315 1,021 363 1,384
Compassion UK - children in Philippines &
Inst
Rwanda - 672 672 561 111 672
Release International - persecuted church Inst 805 - 805 746 - 746
IFES Inst 501 - 501 482 - 482
Special Appeals -Albania COVID, Inst
Afghanistan, Vietnam - - - - 8,405 8,405
Pioneers - Hector Antelo 541 254 795 520 363 883
Total expenditure 10,917 8,996 19,913 10,895 12,997 23,892
10.4b. Grants made to charities & workers
- UK work
Universities & Colleges Christian Fellowship Inst
(UCCF) 1,531 254 1,785 1,566 363 1,929
Union - Richardsons in Sheffield Inst 918 254 1,172 883 363 1,246
Friends International Inst 885 254 1,139 879 363 1,242
Christians in Sport Inst 191 - 191 177 - 177
Christian Initiative to Schools Inst 899 - 899 391 - 391
Choice NH Inst 151 - 151 - - -
Food Bank 263 - 263 258 - 258
Total expenditure 4,838 762 5,600 4,154 1,090 5,244
----- End of picture text -----
Christchurch Baldock
Page 22 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
Note 11. Tangible Fixed Assets
----- Start of picture text -----
Note Freehold Long Electronic & Fixtures, Total
land & leasehold land Audio-Visual fittings and
buildings & buildings Equipment equipment
£ £ £ £ £
At the beginning of
548,708 486,924 - - 1,035,632
the year
Additions - - - - -
Revaluations - - - - -
- - - - -
Disposals
At end of the year 548,708 486,924 - - 1,035,632
----- End of picture text -----
Freehold and long leasehold buildings assets are quoted at purchase price or a reasonable value on receipt.
Note 12. Debtors and prepayments
----- Start of picture text -----
2022 2021
£ £
Gift-Aid Reclaim 6,725 13,076
-
Prepayments and accrued income 4,413
Total 11,138 13,076
----- End of picture text -----
Note 13. Creditors and accruals
----- Start of picture text -----
Amounts falling due Amounts falling due
within one year after more than one year
2022 2021 2022 2021
£ £ £ £
Loans from members 10,000 17,000 40,000 50,000
Accruals and deferred income 17,418 14,780 - -
- -
Taxation and social security 1,757 1,470
Pension - Clerical & Medical & The People's Pension 1,118 1,253 - -
Other creditors - - - -
Total 30,292 34,503 40,000 50,000
----- End of picture text -----
The loans from members provided in September 2015 were given to Christchurch Baldock for the partpurchase of a house (48 WC) for the Assistant Pastor.
In 2019 there were additional loans from members to purchase the remaining share of 48WC.
Christchurch Baldock
Page 23 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
Note 14. Contingent liabilities and contingent assets
None applicable this year.
| Note 15. Cash at bank and in hand |
Note 15. Cash at bank and in hand |
|||
|---|---|---|---|---|
| 2022 | 2021 | |||
| £ | £ | |||
| HSBC Bank account-Main | 55,165 | 47,473 | ||
| HSBC Bank Account-Admin Account | 1,363 | 1,494 | ||
| HSBC bank account-Business Money Manager Account | 79,150 | 50,010 | ||
| Sub-Groups Cash | 231 | 231 | ||
| Virgin CharityDeposit Account | 67,101 | 66,926 | ||
| Total | 203,011 | 166,134 |
Christchurch Baldock
Page 24 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
Note 16. Charity Funds
16.1 Details of material funds held and movements during the CURRENT reporting period
----- Start of picture text -----
* Key: URG - unrestricted funds - general; URD - unrestricted funds-designated; R - restricted income funds
Fund Fund
Note Gains
Type balances Expenditu balances
Fund names (see URG, brought Income re Transfers and carried
16.2) URD, losses
forward forward
R
£ £ £ £ £ £
General fund 1 URG 1,048,990 240,963 (193,161) (27,604) - 1,069,187
House Loan Repayments 2 URD 8,348 750 - (8,910) - 188
Infrastructure Fund 3 URD 54,176 - - 35,893 - 90,069
Total Unrestricted Funds 1,111,513 241,713 (193,161) (621) - 1,159,444
Albania Fund 4 R 2,743 - - - - 2,743
Albanian child support 5 R - 495 (495) - - -
Building Fund 6 R 9,750 - - - - 9,750
Compassion child sponsorship 7 R - 51 (672) 621 - -
Hardship Fund 8 R 6,333 1,800 (2,451) - - 5,682
Grants for children's work 9 R - 2,500 (629) - - 1,871
Missionary Christmas Fund 10 R - 1,778 (1,778) - - -
Will Niven IGT 11 R - 5,338 (5,338) - - -
Non budgeted appeals 12 R - - - - - -
Sarah Hoskins, OMF 13 R - 1,475 (1,475) - - -
18,826 13,436 (12,838) 621 - 20,045
Total Restricted Income Funds
Total Funds 1,130,339 255,149 (205,999) (0) - 1,179,489
----- End of picture text -----*
16.2 Details of Purpose & Restrictions of Funds
The funds listed below are used for the charitable activities of the church, set up for specific ministries and established consistent with the church’s Public Benefit Statement.
Ref Fund name Purpose & Restrictions
-
1 General fund For general use of unrestricted funds. 2 House loan For house loan repayments (Unrestricted, Designated ) repayments To set aside money each year to repay house loans (48WC) when due.
-
3 Infrastructure For Infrastructure (Unrestricted, Designated ) fund Established on 15[th] September 2018 to set aside money each year for use in acquiring buildings, accommodation or other infrastructure. It was agreed that a percentage of the net surplus each year which was not otherwise ringfenced would be placed in this fund.
-
4 Albania Fund For Albania mission work (Restricted)
To assist to those going on ministry work to Albania and to support the work of Will and Doreta Niven working for IGT in Albania. There is grant funding from the church in addition to this fund (see Note 10).
Christchurch Baldock
Page 25 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
-
Ref Fund name Purpose & Restrictions
-
5 Albanian Child For Albanian child, IGT (Restricted)
-
For the financial sponsorship of an Albanian child (Anxhelo). Restricted gifts from Body & Soul group. Additional support is provided from general funds.
-
6 Building Fund For Building a new Church & Manse Fund (Restricted).
-
This fund was established at the AGM in March 2014 and is for use in building a permanent church centre or converting an existing building for church use in or around North Herts.
-
The church Trustees have made representations to NHDC on the subject of the Local Plan, aware of the planned development in the 2011– 2031 timescale and the possible provision of a community building/place of worship should the housing development proceed.
-
7 Compassion For Compassion UK Children, financial support fund (Restricted) For the financial sponsorship of two children (Azunu in Togo, Kalkidan in Ethiopia). The gifts from Sunday Club children, supplemented by church designated general fund money are used to meet the regular monthly sponsorship commitments.
-
8 Hardship For relief of hardship (Restricted) Fund This fund was established to meet cases of financial need, as determined by the Elders. Donor financial gifts for this ministry are passed through this fund. The fund also supports individuals to attend Christian events (e.g. church Weekend Away, youth camps, Albania missionary support trip) where there is financial need.
-
9 Children’s For support of Christchurch children’s work including annual holiday club, work Tea&Tots and Tea&Tinies groups (Restricted). Donor financial gifts for this purpose are passed through this fund. There is also grant funding from the church in addition to this fund.
-
10 Missionary For a Christmas Gift to our missionaries (Restricted) Christmas A missionary Christmas collection is held each year so that we can send a Fund small financial love gift to each of our supported missionaries. Donor financial gifts for this purpose are passed through this fund.
-
11 Will Niven For Will Niven, IGT Albania (Restricted).
-
For the financial support of Will Niven, missionary workers in Albania. Donor financial support for this ministry is passed through this fund. There is grant funding from the church in addition to this fund (see Note 10).
-
12 NonFor world crisis and other special appeals (Restricted). budgeted Special appeals for world crisis situations (e.g. Afghanistan) and special appeals collections for missionary organisations (e.g. Release) use this fund. There is usually grant funding from the church in addition to this fund (see Note 10).
-
13 Sarah For Sarah Hoskins, OMF missionary, SE Asia & All Nations (Restricted) Hoskins For the financial support of Sarah Hoskins, missionary worker with OMF in SE Asia and recently studying at All Nations Bible college. Donor financial support for this ministry is passed through this fund. There is grant funding from the church in addition to this fund (see Note 10).
Christchurch Baldock
Page 26 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
16.3 Details of material funds held and movements during the PREVIOUS reporting period
----- Start of picture text -----
* Key: URG - unrestricted funds - general; URD - unrestricted funds-designated; R - restricted income funds
Fund Fund
Note Gains
Type balances Expenditu balances
Fund names (see URG, brought Income re Transfers and carried
16.2) URD, losses
forward forward
R
£ £ £ £ £ £
General fund 1 URG 1,046,558 193,678 (180,446) (10,800) - 1,048,990
House Loan Repayments 2 URD 7,160 1,188 - - - 8,348
Infrastructure Fund 3 URD 43,376 - - 10,800 - 54,176
Total Unrestricted Funds 1,097,094 194,865 (180,446) - - 1,111,513
Albania Fund 4 R 2,743 - - - - 2,743
Albanian Child Support 5 R - 140 (140) - - -
Building Fund 6 R 9,750 - - - - 9,750
Compassion child sponsorship 7 R - 111 (111) - - -
Hardship Fund 8 R 6,863 1,200 (1,730) - - 6,333
Grants for children's work 9 R - 725 (725) - - -
Missionary Christmas Fund 10 R - 2,544 (2,544) - - -
Will Niven IGT 11 R - 1,600 (1,600) - - -
Non budgeted appeals 12 R - 8,405 (8,405) - - -
Sarah Hoskins, OMF 13 R - 1,288 (1,288) - - -
19,356 16,012 (16,543) - - 18,826
Total Restricted Income Funds
Total Funds 1,116,450 210,877 (196,988) - - 1,130,339
----- End of picture text -----*
16.4 Transfers between funds
| From | To | Reason for transfer | Amount £ |
|---|---|---|---|
| General Fund | Infrastructure fund | Transfer of 75% of net income | 35,893 |
| House Loan Repayment |
General Fund | Used for loan repayment | 8,910 |
| General Fund | Compassion Child Sponsorship |
To make up shortfall from collections | 621 |
Christchurch Baldock
Page 27 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
Note 17. Transactions with trustees and related parties
17.1 Trustee Remuneration & Benefits
No trustee, in their capacity as such, receives any remuneration or benefits from the charity. However, two of the Trustees receive a salary and benefits in their roles as Senior Minister and Assistant Minister, as permitted by the church Articles and Rules, not in their capacity as trustees.
----- Start of picture text -----
Amounts paid or benefit value
Legal authority (eg 2022 2021
Name of trustee order, governing Remunera Pension TOTAL Remunera Pension TOTAL
document) tion contribution tion contribution
£ £ £ £
Christopher Jenkins (Jan-Dec) Articles & Rules 33,061 5,614 38,674 31,895 5,062 36,957
Sam Williams (Jan-Dec) Articles & Rules 18,513 2,694 21,207 17,771 2,368 20,140
51,574 8,307 59,881 49,667 7,430 57,096
----- End of picture text -----
17.2 Trustees’ expenses
No Trustee, in their capacity as such, receives any expenses from the charity. However, in 2022, six (2021 – five) of the Trustees/related parties received reimbursement of expenses in their role as Minister, Assistant Minister, Treasurer and Property Maintenance Team, not in their capacity as trustees. Refer to Note 5 for the details of total staff ministry expenses.
----- Start of picture text -----
2022 2021
Number of Trustees who were paid expenses 6 5
Expenses in
Nature of Expenses connection with their 7,742 7,436
roles in the church
Total amount paid 7,742 7,436
----- End of picture text -----
17.3 Transactions with trustees & related parties
One staff member is related to a Trustee (2021 – one). The total salary and benefits provided to this related staff member are shown below.
----- Start of picture text -----
Name of the related Description of the Total Total
party Relationship to charity transaction(s) 2022 2021
Rebecca Jenkins Trustee spouse Salary & Pension 10,883 10,415
10,883 10,415
----- End of picture text -----
Christchurch Baldock
Page 28 of 29
Registered Charity Number 1154689
Annual Report & Accounts for year ended 31 December 2022
Notes to the Accounts (continued)
The governing document permits payment to trustees and connected parties subject to the number of trustees or their connected parties being remunerated being a minority of the Board (Ref. Governing Document - Articles 18.6.6 and CC11 - Trustee expenses and payments, Sec 4.9).
For the reporting period this condition was met, as two of the six trustees or connected parties were paid.
A total of £28,327 was donated to the charity by trustees and related parties in the year 2022 (£22,362 in 2021).
One of the trustees is also a trustee of a charity, the Illyrian Gospel Trust (IGT), to which grants have been made. In 2022, grants totalling of £3,723 were made to IGT (2021- £3,597) from unrestricted funds, which is part of our budgeted support to missionary organisations. (See Note 10.4). Further grants were made to IGT in 2022, totalling £6,087. These are donations made by members to support the work of IGT.
One of the trustees is also a trustee of a charity, the Christian Initiative to Schools in Letchworth and District (CIS) to which grants have been made. In 2022 a grant of £899 was made to CIS (2021 - £391) from unrestricted funds.
Note 18. Liability of the Members
The charity is a company limited by guarantee. In the event of the charity being wound up, the liability of the members is limited to £1.
Note 19. Taxation
The company is a registered charity and is therefore exempt from taxation.
Christchurch Baldock
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Registered Charity Number 1154689