OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-12-31-accounts

CHRISTCHURCH BALDOCK –

ANNUAL REPORT & ACCOUNTS

FOR THE YEAR ENDED 31[ST] DECEMBER 2023

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

Page 1 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

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 2023................................................................................................. 5
3.4 Where are we going in 2024? ...................................................................................................... 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 ................................................................................................................................ 8
4.4 Safeguarding Policy ..................................................................................................................... 8
4.5 Risk Review ................................................................................................................................ 8
4.6 Data Protection Policy ................................................................................................................. 8
4.7 Other Policies ............................................................................................................................. 8
5 Achievements and Performance ......................................................................................... 9
6 Financial Review ................................................................................................................. 9
6.1 General ....................................................................................................................................... 9
6.2 Analysis of Income ...................................................................................................................... 9
6.3 Analysis of Expenditure ............................................................................................................... 9
6.4 Property and Assets .................................................................................................................... 9
6.5 Reserves ................................................................................................................................... 10
6.6 Building and Infrastructure Funds .............................................................................................. 10
6.7 2024 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 2023 ..................................... 12
8.2 Balance Sheet as at 31 December 2023 ...................................................................................... 13
9 Trustee Approval of Accounts ........................................................................................... 13
10 Notes to the Accounts ...................................................................................................... 14

Christchurch Baldock

Page 2 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

1 Reference and Administrative Details

Charity Name Christchurch Baldock
Registered Charity Number 1154689
Charity’s Principal Address: 48 Westell Close,
Baldock,
Herts SG7 6RY
Incorporation Status: Company, limited by guarantee, from 1stJanuary 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. Neil Poole
Mr. John Batchelor
Mr. David Willbe
Rev. Sam Williams Associate Minister
Mr. Nick Clube
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: 88

Christchurch Baldock

Page 3 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

2 Overview

The trustees present their annual report and accounts of the charity for the year ended 31 December 2023. It contains the following items:

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 large community-based church which is focused on serving all ages. We are affiliated with:

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 150 people attending (120 adults + 30 children) each week. On Sunday evenings, the congregation at the worship service has between 20 and 40 people attending (20-30 adults + up to 10 children). The Sunday morning service is 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.

  1. The advancement of the Christian faith in accordance with the Basis of Faith, primarily but not exclusively within North Hertfordshire and the surrounding neighbourhood.

  2. 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:

Christchurch Baldock

Page 4 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

In the opinion of the Trustees, the purposes of the Church have been met by the activities reported for 2023, as listed below and reviewed with church members at the Annual General Meeting.

3.3 Significant Activities During 2023

We hold to a four part Mission Statement as follows:

  1. Good News to Share

  2. Teaching that Connects

  3. A Life of Worship

  4. 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 ordinary families in the church use their homes for hospitality particularly as a way of welcoming people who are not yet Christians into the church.

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.

A few changes were made to our leadership team this year. Becky Briant came to the end of her term and we pay tribute to her excellent work, particularly in leading the Weekend Away planning. We are grateful to Mikey Day for taking on this task. Becky now has responsibility for our mission partners and is developing effective new ways to support them and improve their connection with the church.

Sarah Nwamadi and Christine Davies joined the leadership team. Sarah leads our under-fives work where her teaching expertise is greatly valued. Christine leads our work with the elderly through Body and Soul, showing exemplary leadership.

In January we hosted a women’s breakfast featuring guest speaker Elinor Magowan who addressed the topic of contentment to a packed hall. This was very well received and gave rise to some useful contacts. We also held a newcomers’ lunch which highlighted the large number of families who had joined the church during the preceding months.

In the spring we ordained Sam Williams who has been promoted from Assistant Minister to Associate Minister, in recognition of his increasing level of responsibility and experience in leadership which are deeply valued by all.

Our Easter activities began with a visit from Oddments Theatre Company, bringing their original and thought-provoking production of the life of Christ to a good audience of members and the wider community. A family party drew together attendees at our midweek groups.

We were delighted to receive grants from the local council for some of our midweek groups and for our holiday club. Representatives from the leadership addressed a Baldock group of the council and were

Christchurch Baldock

Page 5 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

warmly received. It was evident that the councillors highly value and appreciate our contribution to community life.

In May we provided two offerings to the Baldock Fair: a free café at which many people were welcomed, and a children’s craft stall which proved very popular and was particularly appreciated by the fair organisers

May also saw the launch of a Four Counties Gospel Partnership, of which we are founding members. This draws together churches from Herts, Beds, Bucks and Northants and it is hoped that it will lead to productive cooperation and sharing of resources.

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.

Throughout the academic year our midweek youth and children’s groups continue to flourish. A highlight has been a termly Gathering of young people from six local churches across the area, providing opportunities for them to meet new friends and enjoy celebrating their faith together. In July we again held a holiday club for primary school children. Many volunteers were involved and a large number of families took part, many of whom had no previous contact with the church. We were particularly delighted to welcome a number of Ukrainian families to the club.

Earlier in July we held a garden party during which two adults and one teenager were baptised.

In September we began the new academic year with a whole-church weekend away in Northamptonshire. Guest speakers were provided for adults, youth and children and many friendships were strengthened. A great deal of support was provided from the Hardship Fund to enable people to attend for whom cost would have been prohibitive

We held a harvest festival in September during which we collected a large quantity of foodstuff for a local Foodbank which we regularly support. We were also able to provide speakers for local community harvest festivals.

We held a lively Light Party as an alternative for children and families who choose not to celebrate Hallowe’en.

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 posted to homes throughout Baldock.

The church has continued to fulfil its role in the community and provides public benefit through activities including:

Christchurch Baldock

Page 6 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

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 2023 to:

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.

3.4 Where are we going in 2024?

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.

We continue to consider possibilities for a permanent home for the church. Trustees have had constructive dialogue with Urban and Civic, the developers of the Baldock expansion, and 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:

4.2 Duty of prudence

Christchurch Baldock

Page 7 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

4.3 Duty of Care

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

Risk Assessments have been carried out and are held on file for all our meeting locations. These include:

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.

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:

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.

Christchurch Baldock

Page 8 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

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.

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

The change in donations to the general fund is -8% or -£15.3k compared to last year (2023: £184.8k; 2022: £200.1k) – see Note 3. This decrease is because 2022 donations include a one-off legacy donation of £29k. Property rental income is significantly more than last year. This is due to there being an additional rental property, which had previously been used for staff accommodation.

Restricted income fund giving varies year on year depending on the funds supported. This year has seen a small increase in the total amount compared to last year (2023: £13.4k; 2022: £12.9k).

Refer to details in Section 8.1 (SOFA) and Note 3.

6.3 Analysis of Expenditure

Total costs from the general fund increased by 13% or £25.4k this year compared to last year (2023: £218.6k; 2022: £193.2k).

Total expenditure from restricted funds saw a small increase 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:

Christchurch Baldock

Page 9 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

The church is very grateful for the gifts and member loans which have supported the purchase of the home for our Associate minister. In this reporting period, all the remaining £50.0k of loans were repaid.

Net cash current assets are £162.1k, of which £142.9k is unrestricted representing General funds and Reserves, and £19.1k 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 £55k (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 £57.1k (net current assets of £157.2k – designated funds of £100.1k). This is £2.1k above the Trustees’ Reserves Policy.

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 £100.1k. This includes a transfer of £10.0k from the general fund which is less than 75% of 2023 net surplus, as the remainder was needed to satisfy the reserves policy..

6.7 2024 Budget

A budget for 2024 was presented at the Business Meeting in October 2023 and approved.

The budget assumes an unrestricted income of £259.4k, 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
Associate 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

Page 10 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

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 2023.

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:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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 April 2024

Christchurch Baldock

Page 11 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

8 Accounts

8.1 Statement of Financial Activities for the Year Ended 31 December 2023

----- Start of picture text -----
Restricted
Unrestricted Total Funds Total Funds
Notes Income
Funds 2023 2022
Funds
£ £ £ £
Income from: 3
Donations and legacies 184,794 13,413 198,207 212,975
Charitable activities 14,325 (5) 14,320 11,806
Investments 48,767 - 48,767 22,988
Other 5,098 - 5,098 7,380
Total income 252,985 13,407 266,392 255,149
Expenditure: 5
Raising funds 2,771 - 2,771 120
Charitable activities 208,828 14,988 223,816 200,109
Other Expenditure 6,960 - 6,960 5,771
Total expenditure 218,560 14,988 233,548 205,999
Net income/(expenditure) 34,425 (1,580) 32,844 49,150
Transfers between funds (1,488) 1,488 - -
Other recognised gains/(losses):
Other gains/(losses) 458 (100) 358 -
Net movement in funds 33,395 (192) 33,203 49,150
Reconciliation of funds:
Total funds brought forward 1,159,444 20,045 1,179,489 1,130,339
Total funds carried forward 1,192,838 19,853 1,212,691 1,179,489
----- End of picture text -----

Christchurch Baldock

Page 12 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

8.2 Balance Sheet as at 31 December 2023

----- Start of picture text -----
Restricted Total this Total last
Notes Unrestricted Income year year
funds funds 2023 2022
£ £ £ £
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 17,870 1,224 19,093 11,138
Cash at bank and in hand 15 142,942 19,116 162,058 203,011
Total current assets 160,812 20,339 181,152 214,149
Liabilities
Creditors: amounts falling due within one year 13 3,606 487 4,092 30,292
Net current assets/(liabilities) 157,206 19,853 177,059 183,857
Total assets less current liabilities 1,192,838 19,853 1,212,691 1,219,489
Creditors: amounts falling due after one year 13 - - - 40,000
Total net assets or liabilities 1,192,838 19,853 1,212,691 1,179,489
Funds of the Charity 16
Restricted income funds - 19,853 19,853 20,045
Unrestricted funds 1,192,838 - 1,192,838 1,159,444
Total funds 1,192,838 19,853 1,212,691 1,179,489
----- End of picture text -----

For the financial year ended 31 December 2023, 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 31 form part of these accounts.

9 Trustee Approval of Accounts

Approved by the Trustees on 9th April 2024 and signed on their behalf by:

Signature Name Date Position C. J. Jenkins 9th April 2024 Chair of the Trustees ____ N. J. Poole 9th April 2024 Trustee _____

Christchurch Baldock

Page 13 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

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 received facilities at the value of the gift to the charity provided the value of the gift can be measured reliably.

Christchurch Baldock

Page 14 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

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.

2.2 Expenditure and Liabilities

Christchurch Baldock

Page 15 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

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 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

Notes to the Accounts (continued)

Note 3. Analysis of Income

----- Start of picture text -----
2023 2022
Un- Restricted Total Un- Restricted Total
restricted income funds restricted income funds
funds funds 2023 funds funds 2022
£ £ £ £ £ £
Donations and legacies
Donations and gifts 155,608 9,241 164,850 146,057 10,866 156,924
Legacies 733 - 733 29,000 - 29,000
Grants - 1,326 1,326 - - -
Other - 696 696 - - -
Gift Aid 28,453 2,150 30,602 25,003 2,049 27,051
Total 184,794 13,413 198,207 200,060 12,915 212,975
Charitable activities & events
Rooted youth group - - - - - -
Mens Convention - - - - - -
Rock Solid (5-10's) 206 - 206 66 - 66
Rooted and Link 344 - 344 280 - 280
Sunday Club - Compassion
- (5) (5) - 26 26
sponsored children
Body & Soul group 1,541 - 1,541 1,537 495 2,032
Tea & Tots group 2,701 - 2,701 2,846 - 2,846
Women's Convention - - - - - -
Women of Worth (WOW) group 550 - 550 664 - 664
Band of Brothers (BOB) group - - - - - -
Charitable event - Weekend Away 8,497 - 8,497 5,685 - 5,685
Charitable event - Holiday Club - - - 206 - 206
Charitable events - Evangelistic
Meetings 486 - 486 - - -
Total 14,325 (5) 14,320 11,285 521 11,806
Income from investments:
Interest income 2,559 - 2,559 326 - 326
Property rental income 46,208 - 46,208 22,663 - 22,663
Total 48,767 - 48,767 22,988 - 22,988
Other income
NIC Employment Allowance 5,000 - 5,000 5,000 - 5,000
Easyfundraising Charity donations 54 - 54 430 - 430
Anonymous gifts to members - - - 1,800 - 1,800
Other - gain from sale of property 44 - 44 150 - 150
Total 5,098 - 5,098 7,380 - 7,380
TOTAL INCOME 252,985 13,407 266,392 241,713 13,436 255,149
----- End of picture text -----

The total unrestricted donations & legacies amount of £184,794 is shown above. Last year this amount was £200,060. This represents -8% change from 2022 to 2023.

Christchurch Baldock

Page 17 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

Notes to the Accounts (continued)

Note 4. Donated goods, facilities and services

----- Start of picture text -----
2023 2022
£ £
Payroll Services (Figures4U Ltd.) 218 981
Total 218 981
----- 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 -----
2023 2022
Un- Restricted Total Un- Restricted Total
Notes restricted income funds restricted income funds
funds funds 2023 funds funds 2022
£ £ £ £ £ £
Expenditure on Raising Funds
Rental property repairs and maint charges 2,771 - 2,771 120 - 120
TOTAL EXPENDITURE on Raising 2,771 - 2,771 120 - 120
Expenditure on Charitable Activities
Event costs - evangelistic meetings 19,254 - 19,254 11,607 - 11,607
Services - Running Expenses & hall hire 16,861 3,693 20,554 15,553 2,451 18,004
Children's, Youth & 20s activities 6,298 - 6,298 5,613 - 5,613
Church Property - upkeep,
insurance,rent,council tax 4,693 - 4,693 8,673 - 8,673
Administration Expenses 2,106 - 2,106 2,624 - 2,624
Staff ministry expenses 7,570 - 7,570 8,882 629 9,512
Staff employment costs 8 133,264 133,264 115,995 - 115,995
Grants payable - Missionaries & Workers 10 15,955 11,295 27,250 15,755 9,758 25,513
Support & Governance Costs 6 2,827 - 2,827 2,568 - 2,568
TOTAL EXPENDITURE on Charitable
Activities 208,828 14,988 223,816 187,271 12,838 200,109
Other Expenditure
Anonymous gifts to members - - - 1,800 - 1,800
Interest on loans 6,960 - 6,960 3,971 - 3,971
TOTAL OTHER EXPENDITURE 6,960 - 6,960 5,771 - 5,771
TOTAL EXPENDITURE 218,560 14,988 233,548 193,161 12,838 205,999
----- End of picture text -----

Christchurch Baldock

Page 18 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

Notes to the Accounts (continued)

Note 6. Support & Governance Costs

6.1 CURRENT reporting period

Notes Raising
funds		 Charitable
Activities		 Grand total
2023		 Basis of allocation
£ £ £ (Describe method)
Trustee Governance costs -
Companies House		 - - - Allocated on time
Trustee Governance costs -
Liability Insurance		 - 527 527 Allocated on time
Statutory fees - Indep Examination of
Accounts		 7 - 564 564 Allocated on time
Donatedpayroll administration 4 - 218 218 Allocated on time
Accountancyfee 1,369 1,369 Allocated on time
Accounting costs - Paxton book-
keeping software package support		 - - - Allocated on time
Finance costs - bank charges - 149 149 Allocated on time
ACAT Training - Allocated on time
Total - 2,827 2,827

6.2 PREVIOUS 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
Donatedpayroll administration 4 - 218 218 Allocated on time
Accountancyfee 1,013 1,013 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

Note 7. Details of certain types of expenditure - Statutory Fees

2023 2022
£ £
Independent examiner’s fees 564 552

Christchurch Baldock

Page 19 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

Notes to the Accounts (continued)

Note 8. Staff Employment Costs

8.1 Staff Costs

----- Start of picture text -----
2023 2022
Notes £ £
Salaries and benefits in kind 110,304 94,412
Employer's National Insurance Cost 8,950 6,755
Pension costs (defined contribution scheme) 9 14,009 13,340
Staff training & welfare - 1,488
Total staff costs 133,264 115,995
----- 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 -----
2023 2022
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 £14,009. (2022 £13,340).

Christchurch Baldock

Page 20 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

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 2023
£ £ £ £
Support to international mission charities & workers 19,473 ,473 473 1,008 ,008 008 - 20,481 ,481 481
Support to UK mission charities & workerspport to UK mission charities & workersort to UK mission charities & workers 4,498 ,498 498 2,270 ,270 270 - 6,769 ,769 769
Total 23,971 ,971 971 3,279 ,279 279 - 27,250 ,250 250
10.2 Grants made to institutions
(a) International Mission
Total
Names of institution Purpose
£
OMF Mission work (SE Asia) - support of S H(SE Asia) - support of S HSE Asia) - support of S H) - support of S H - support of S Hpport of S Hort of S H 6,874
IGT (Illyrian Gospel Trust)(Illyrian Gospel Trust)Illyrian Gospel Trust)yrian Gospel Trust)rian Gospel Trust)) Mission work (Albania) - support of W&D N(Albania) - support of W&D NAlbania) - support of W&D N) - support of W&D N - support of W&D N 8,954
UFM Mission work (intern'l) - support of M&R P(intern'l) - support of M&R Pintern'l) - support of M&R P) - support of M&R P - support of M&R Ppport of M&R Port of M&R P 1,550
Compassionpassionassion Mission work (internat'l) - 2 sponsored children(internat'l) - 2 sponsored childreninternat'l) - 2 sponsored children) - 2 sponsored children - 2 sponsored childrenponsored childrenonsored children 704
Release International Mission work (internat'l) - support persecuted church(internat'l) - support persecuted churchinternat'l) - support persecuted church) - support persecuted church - support persecuted church 870
IFES Mission work (internat'l) - universities and colleges(internat'l) - universities and collegesinternat'l) - universities and colleges) - universities and colleges - universities and collegesgeses 521
Total grants to institutions for International missiongrants to institutions for International missionrants to institutions for International mission 19,473 ,473 473
(b) UK Missionb) UK Mission) UK Mission UK Mission
Total
Names of institution Purpose
£
UCCF (Universities & Colleges Christian Fellowship) Mission work in UK Universities & Colleges 2,100
Friends International Mission work (Int'l Students in UK)(Int'l Students in UK)Int'l Students in UK)) 1,361
CIS (Christians in Sport)(Christians in Sport)Christians in Sport)port)ort)) Mission work (UK Sport Activities)(UK Sport Activities)UK Sport Activities)port Activities)ort Activities)) 207
CIS (Christian Initiative to Schools)(Christian Initiative to Schools)Christian Initiative to Schools)) Mission work (Herts UK Schools)(Herts UK Schools)Herts UK Schools)) 407
Choice NH Mission work (Local Christian mission support)(Local Christian mission support)Local Christian mission support)) 154
Food Bank 269
Total grants to institutions for UK mission grants to institutions for UK mission rants to institutions for UK mission 4,498 ,498 498
TOTAL GRANTS PAID TO INSTITUTIONS IN REPORTING PERIOD 23,971 ,971 971
10.3 Grants made to individuals
(a) International Missiona) International Mission) International Mission International Mission
Total
Names of individual Purpose
£
Hector Antelo - Pioneers Mission work (Bolivia) - support of HA ministry(Bolivia) - support of HA ministryBolivia) - support of HA ministry) - support of HA ministry - support of HA ministrypport of HA ministryort of HA ministryy 1,008
Total grants to individuals for International mission 1,008
(b) UK Mission
Chris Richardson - Union Mission work (Sheffield)(Sheffield)Sheffield)) 1,401
Special Appealpecial Appealecial Appealppealeal Zebby's chairy's chair's chair 869
Total grants to individuals for UK mission 2,270
TOTAL GRANTS PAID TO INDIVIDUALS IN REPORTING PERIOD 3,279 ,279 279
----- End of picture text -----

----- 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 2023
£ £ £ £
Support to international mission charities & workers 19,473 ,473 473 1,008 ,008 008 - 20,481 ,481 481
Support to UK mission charities & workerspport to UK mission charities & workersort to UK mission charities & workers 4,498 ,498 498 2,270 ,270 270 - 6,769 ,769 769
Total 23,971 ,971 971 3,279 ,279 279 - 27,250 ,250 250
10.2 Grants made to institutions
(a) International Mission
Total
Names of institution Purpose
£
OMF Mission work (SE Asia) - support of S H(SE Asia) - support of S HSE Asia) - support of S H) - support of S H - support of S Hpport of S Hort of S H 6,874
IGT (Illyrian Gospel Trust)(Illyrian Gospel Trust)Illyrian Gospel Trust)yrian Gospel Trust)rian Gospel Trust)) Mission work (Albania) - support of W&D N(Albania) - support of W&D NAlbania) - support of W&D N) - support of W&D N - support of W&D N 8,954
UFM Mission work (intern'l) - support of M&R P(intern'l) - support of M&R Pintern'l) - support of M&R P) - support of M&R P - support of M&R Ppport of M&R Port of M&R P 1,550
Compassionpassionassion Mission work (internat'l) - 2 sponsored children(internat'l) - 2 sponsored childreninternat'l) - 2 sponsored children) - 2 sponsored children - 2 sponsored childrenponsored childrenonsored children 704
Release International Mission work (internat'l) - support persecuted church(internat'l) - support persecuted churchinternat'l) - support persecuted church) - support persecuted church - support persecuted church 870
IFES Mission work (internat'l) - universities and colleges(internat'l) - universities and collegesinternat'l) - universities and colleges) - universities and colleges - universities and collegesgeses 521
Total grants to institutions for International missiongrants to institutions for International missionrants to institutions for International mission 19,473 ,473 473
(b) UK Missionb) UK Mission) UK Mission UK Mission
Total
Names of institution Purpose
£
UCCF (Universities & Colleges Christian Fellowship) Mission work in UK Universities & Colleges 2,100
Friends International Mission work (Int'l Students in UK)(Int'l Students in UK)Int'l Students in UK)) 1,361
CIS (Christians in Sport)(Christians in Sport)Christians in Sport)port)ort)) Mission work (UK Sport Activities)(UK Sport Activities)UK Sport Activities)port Activities)ort Activities)) 207
CIS (Christian Initiative to Schools)(Christian Initiative to Schools)Christian Initiative to Schools)) Mission work (Herts UK Schools)(Herts UK Schools)Herts UK Schools)) 407
Choice NH Mission work (Local Christian mission support)(Local Christian mission support)Local Christian mission support)) 154
Food Bank 269
Total grants to institutions for UK mission grants to institutions for UK mission rants to institutions for UK mission 4,498 ,498 498
TOTAL GRANTS PAID TO INSTITUTIONS IN REPORTING PERIOD 23,971 ,971 971
10.3 Grants made to individuals
(a) International Missiona) International Mission) International Mission International Mission
Total
Names of individual Purpose
£
Hector Antelo - Pioneers Mission work (Bolivia) - support of HA ministry(Bolivia) - support of HA ministryBolivia) - support of HA ministry) - support of HA ministry - support of HA ministrypport of HA ministryort of HA ministryy 1,008
Total grants to individuals for International mission 1,008
(b) UK Mission
Chris Richardson - Union Mission work (Sheffield)(Sheffield)Sheffield)) 1,401
Special Appealpecial Appealecial Appealppealeal Zebby's chairy's chair's chair 869
Total grants to individuals for UK mission 2,270
TOTAL GRANTS PAID TO INDIVIDUALS IN REPORTING PERIOD 3,279 ,279 279
----- End of picture text -----

Christchurch Baldock

Page 21 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

Notes to the Accounts (continued)

10.4 Analysis of grants by Fund and comparatives with previous year

----- Start of picture text -----
2023 2022
Un- Total Un- Total
Restricted Restricted
Notes restricted funds restricted funds
income income
funds 2023 funds 2022
funds funds
£ £ £ £ £ £
Grantmaking
Support to international charities & workers 10.4a 11,769 8,712 20,481 10,917 8,996 19,913
Support to UK charities & workers 10.4b 4,561 1,338 5,899 4,838 762 5,600
Study grants for ministers in training 10.4c (375) 1,244 869 - - -
Total expenditure on grants 15,955 11,295 27,250 15,755 9,758 25,513
10.4a. Grants made to charities & workers
- International work
OMF - Sarah in SE. Asia Inst 4,628 2,246 6,874 4,286 1,729 6,015
Illyrian Gospel Trust - Nivens in Albania Inst 4,021 4,934 8,954 3,723 6,087 9,810
Albania Support Indiv - - - - - -
Redeemer Church, Auckland - Gareth Jones Indiv
in NZ - - - - - -
UFM - Prests serving international mission Inst 1,104 446 1,550 1,061 254 1,315
YWAM - Rudds in Macedonia Inst - - - - - -
Compassion UK - children in Philippines &
Inst
Rwanda 64 640 704 - 672 672
Release International - persecuted church Inst 870 - 870 805 - 805
IFES Inst 521 - 521 501 - 501
Pioneers - Hector Antelo 562 446 1,008 541 254 795
Total expenditure 11,769 8,712 20,481 10,917 8,996 19,913
10.4b. Grants made to charities & workers
- UK work
Universities & Colleges Christian Fellowship Inst
(UCCF) 1,654 446 2,100 1,531 254 1,785
Union - Richardsons in Sheffield Inst 955 446 1,401 918 254 1,172
Friends International Inst 915 446 1,361 885 254 1,139
Christians in Sport Inst 207 - 207 191 - 191
Christian Initiative to Schools Inst 407 - 407 899 - 899
Choice NH Inst 154 - 154 151 - 151
Food Bank 269 - 269 263 - 263
Total expenditure 4,561 1,338 5,899 4,838 762 5,600
10.4c. Other grants
Student at Oakhill Theological College Indiv (375) 375 - - - -
Zebby's chair - 869 869
Total expenditure (375) 1,244 869 - - -
----- End of picture text -----

Christchurch Baldock

Page 22 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

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 -----
2023 2022
£ £
Gift-Aid Reclaim 16,376 6,725
Prepayments and accrued income 2,717 4,413
Total 19,093 11,138
----- 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
2023 2022 2023 2022
£ £ £ £
Loans from members - 10,000 - 40,000
Accruals and deferred income 487 17,418 - -
- -
Taxation and social security 2,333 1,757
Pension - Clerical & Medical & The People's Pension 1,273 1,118 - -
Other creditors - - - -
Total 4,092 30,292 - 40,000
----- 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 Associate Minister.

In 2019 there were additional loans from members to purchase the remaining share of 48WC. All of the remaining loans were repaid during this reporting year.

Christchurch Baldock

Page 23 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

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
2023 2022
£ £
HSBC Bank account-Main 12,438 55,165
HSBC Bank Account-Admin Account 739 1,363
HSBC bank account-Business Money Manager Account 80,369 79,150
Sub-Groups Cash 22 231
Virgin CharityDeposit Account - 67,101
Kingdom Bank 68,489 -
Total 162,058 203,011

The Virgin Charity Deposit Account was closed during this financial year and the funds transferred to a new deposit account with Kingdom Bank.

Christchurch Baldock

Page 24 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

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 1,069,187 252,235 (218,560) (11,113) 958 1,092,707
House Loan Repayments 2 URD 188 750 - (875) - 63
Infrastructure Fund 3 URD 90,069 - - 10,000 - 100,069
Weekend Away 4 URD - - - 500 (500)
Total Unrestricted Funds 1,159,444 252,985 (218,560) (1,488) 458 1,192,838
Albania Fund 5 R 2,743 - - - - 2,743
Albanian child support 6 R - - (400) 400 - -
Ben Clube 7 R - - (375) 375 - -
Building Fund 8 R 9,750 - - - - 9,750
Compassion child sponsorship 9 R - 27 (640) 613 - -
Gareth Jones, Auckland, NZ 10 R - - - (121) 121 -
Grants for children's work 11 R 1,871 1,326 - - - 3,197
Hardship Fund 12 R 5,682 2,050 (3,693) 187 (187) 4,039
Wheelchair Fund 13 R - - 48 (48) - -
Missionary Fund 14 R - - 15 748 (763) -
Missionary Christmas Fund 15 R - 3,248 (3,123) (292) 292 125
Rudds, YWAM 16 R - - - (300) 300 -
Non budgeted appeals 17 R - 869 (869) (56) 56 -
Phillippines 18 R - - (63) 63 - -
Sarah Hoskins, OMF 19 R - 1,800 (1,800) - - -
Simon Poole 20 R - - - (80) 80 -
Will Niven IGT 21 R - 4,088 (4,088) - - -
20,045 13,407 (14,988) 1,488 (100) 19,853
Total Restricted Income Funds
Total Funds 1,179,489 266,392 (233,548) - 358 1,212,691
----- End of picture text -----*

Christchurch Baldock

Page 25 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

Notes to the Accounts (continued)

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

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 26 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

Notes to the Accounts (continued)

Ref Fund name Purpose & Restrictions 12 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. 13 Wheelchair For wheelchair for Matthew Bassett (Restricted). Fund Donor financial gifts for this purpose are passed through this fund until 2014. This fund appears in the accounts this year to correct an accrual reversal in 2014.

Christchurch Baldock

Page 27 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

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 1,048,990 240,963 (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 5 R 2,743 - - - - 2,743
Albanian Child Support 6 R - 495 (495) - - -
Building Fund 8 R 9,750 - - - - 9,750
Compassion child sponsorship 9 R - 51 (672) 621 - -
Hardship Fund 12 R 6,333 1,800 (2,451) - - 5,682
Grants for children's work 11 R - 2,500 (629) - - 1,871
Missionary Christmas Fund 15 R - 1,778 (1,778) - - -
Will Niven IGT 21 R - 5,338 (5,338) - - -
Non budgeted appeals 17 R - - - - - -
Sarah Hoskins, OMF 19 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 -----*

Christchurch Baldock

Page 28 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

Notes to the Accounts (continued)

16.4 Transfers between funds

From To Reason for transfer Amount
£
General Fund Infrastructure fund Transfer of up to 75% of net income, while
maintaining reserves		 10,000
House Loan
Repayment		 General Fund Used for loan repayment 875
General Fund Weekend Away Weekend away expenditure incorrectly
assigned to general fund in 2012		 500
General Fund Albanian Child Support Income was booked as General fund 400
General Fund Ben Cube Expenditure incorrectly assigned to general
fund in 2017		 375
General Fund Compassion Child
Sponsorship		 To make up shortfall from collections 613
Gareth Jones General Fund Unreversed accrual from 2017 121
General Fund Hardship Fund Accrual writeoff 2018 187
Wheelchair fund Missionary Fund Incorrect accrual reversal in 2014 48
Missionary Fund Philippines Wrong fund used for accrual in 2013 63
Simon Poole General Fund Unreversed accrual from 2016 80
Non budgeted
Appeal		 General Fund Unreversed accrual from 2019 56
Rudds, YWAM General Fund Unreversed accrual from 2019 300
General Fund Missionary Fund Incorrect accrual reversal in 2012 763
Missionary Xmas
Fund		 General Fund Unreversed accrual from 2019 292

Christchurch Baldock

Page 29 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

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 Associate 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 2023 2022
Name of trustee order, governing Remunera Pension TOTAL Remunera Pension TOTAL
document) tion contribution tion contribution
£ £ £ £
Christopher Jenkins (Jan-Dec) Articles & Rules 35,342 5,762 41,104 33,061 5,614 38,674
Sam Williams (Jan-Dec) Articles & Rules 20,431 2,968 23,398 18,513 2,694 21,207
55,772 8,730 64,502 51,574 8,307 59,881
----- End of picture text -----

17.2 Trustees’ expenses

No Trustee, in their capacity as such, receives any expenses from the charity. However, in 2023, four (2022 – six) of the Trustees/related parties received reimbursement of expenses in their role as Minister, Associate 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 -----
2023 2022
Number of Trustees who were paid expenses 4 6
Expenses in
Nature of Expenses connection with their 6,215 7,742
roles in the church
Total amount paid 6,215 7,742
----- End of picture text -----

17.3 Transactions with trustees & related parties

One staff member is related to a Trustee (2022 – 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) 2023 2022
Rebecca Jenkins Trustee spouse Salary & Pension 11,568 10,883
11,568 10,883
----- End of picture text -----

Christchurch Baldock

Page 30 of 31

Registered Charity Number 1154689

Annual Report & Accounts for year ended 31 December 2023

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 £13,641 was donated to the charity by trustees and related parties in the year 2023 (£28,327 in 2022).

One of the trustees is also a trustee of a charity, the Illyrian Gospel Trust (IGT), to which grants have been made. In 2023, grants totalling of £4,021 were made to IGT (2022- £3,723) from unrestricted funds, which is part of our budgeted support to missionary organisations. (See Note 10.4). Further grants were made to IGT in 2023, totalling £4,934. 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 2023 a grant of £407 was made to CIS (2022 - £899) 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

Page 31 of 31

Registered Charity Number 1154689