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2023-12-31-accounts

ORCHARD BAPTIST CHURCH

CHARITY NUMBER: 1155012

ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

Orchard Baptist Church Charity Information Year Ended 31 December 2023

Charity Name: Orchard Baptist Church
Charity Number: 1155012
Chairperson: Rev. S Barber
Secretary: Mr C Curtis Resigned – 29/03/23
Mrs G Goodliff Appointed – 29/03/23
Treasurer: Mr S Rand
Trustees: Mr C Curtis Resigned – 29/03/23
Mrs C Bishop
Mrs G Goodliff
Mrs G Mitchell Resigned – 29/03/23
Mrs S Stapleton
Rev. H Baker Resigned – 29/10/23
Mr S Rand
Ms A Merrill Resigned – 03/09/23
Mr M Mitchell-Farmer Appointed – 19/07/23
Address: 27 Derwent Road
Bicester
Oxon
OX26 2JA
Accountant: VT Accountancy
Chartered Certified Accountants
Unit 5B
Willows Gate
Stratton Audley
Oxon
OX27 9AU
Bank: HSBC
1 Sheep Street
Bicester
Oxon
OX26 6JA

Orchard Baptist Church Contents Year Ended 31 December 2023

Page
Trustees Report 1 - 3
Independent Examiners Report 4
Statement of Income & Expenditure 5
Balance Sheet 6
Notes to the Financial Statements 7 - 9

Orchard Baptist Church Trustees' Report Year Ended 31 December 2023

The Trustees present their report and the financial statements for the year to 31 December 2023.

About the Charity

The Orchard Baptist Church was registered with the Charities Commission in the United Kingdom under Charity Reg. No. 1155012 as a Charitable Incorporated Organisation on 15 December 2013 and commenced its activities on 1 April 2014.

The Church is a member of the Baptist Union of Great Britain and the Southern Counties Baptist Association.

Objectives

The main objectives of the Charity are to advance the Christian faith in accordance with the principles of the Baptist denomination. The Charity may also advance education and carry out other charitable purposes in the United Kingdom and other parts of the world.

Activities

In fulfilling the objectives of the Church, the organisation will engage in a range of activities either on its own or with others that will vary from time to time with activities being initiated, expanded or closed, as appropriate.

The activities may include, but are not restricted to:-

Notwithstanding the appointment of persons to accept responsibility for any of the activities all individuals, groups and committees operating within the life of the Church, and their leaders, shall be accountable to the Charity Trustees and also through any specific direction of the Church Members' Meeting.

Orchard Baptist Church

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Trustees' Report Cont'd/…. Year Ended 31 December 2023

Notwithstanding the appointment of persons to accept responsibility for any of the activities all individuals, groups and committees operating within the life of the Church, and their leaders, shall be accountable to the Charity Trustees and also through any specific direction of the Church Members' Meeting.

Review of Financial Position and Achievement

The Trustees continue to be thankful and encouraged by the ongoing generosity of the members, which has seen the year end with the finances in a healthy state. This was boosted by the promise of a sizeable legacy towards the end of the year. Both these factors were key to it being possible to plan to employ a part-time manager for Café 103 at the beginning of 2024, and to consider taking on a Children and Families Worker for Graven Hill to continue and develop the ministry on that housing estate established by Rev Helen Baker, who retired from her role as Community Minister in November 2023.

This is in the context of providing ongoing full-time pastoral ministry to the church through the dedicated work of Rev Steve Barber, who continued sharing his time 50/50 with SCBA, and Sarah Stapleton, who continued giving 50 per cent of her time as a Minister-in-Training. The Trustees recognise that the effective work of the charity requires this core provision of time and expertise.

This is reflected in the vibrancy in the life of the church, not least in the growing involvement of people arriving in Bicester from abroad, particularly Hong Kong and Nigeria. The church is once again seeing families come to the Sunday services, and it is encouraging – if challenging – to have several children and young people attending on a regular basis.

In 2023 the church continued to employ Ann Franklin as part-time (five hours a week) administrative assistant, and also benefitted for eight months from the input of Josh Nixon as a part-time ministerial intern.

Thus the charity’s funds in 2023 were once again spent largely on staff engaged in the work of the church with and for its congregation and in the local community. It also continued to support various international mission partners chosen by the church membership, including individuals who have a long-term relationship with the church.

At the beginning of the year significant time and thought was invested in sensitively exploring and establishing the church’s view of the inclusion of people in same-sex relationships. This resulted in a statement being agreed at the Church Members’ Meeting and posted on the church website.

Plans for the Future

In 2023 the focus has been on how best to build on the ministry of Rev Helen Baker. With the finance in place, partly through external grants, the church agreed to advertise for a part-time Manager for Café 103, and trustee Cathy Bishop was appointed to this role to commence on 1[st] January 2024. The trustees have been careful to ensure that all necessary protocols about paying a trustee have been observed.


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Orchard Baptist Church Trustees' Report Cont'd/….

Year Ended 31 December 2023

The trustees also proposed to the church that consideration should be given to the employment of a part-time Children and Families Worker on Graven Hill, and it is expected that this appointment will be made in 2024, partly made possible by the ongoing support of the Home Mission Fund.

The Trustees will continue carefully to monitor the ongoing levels of income and expenditure and their impact on the charity’s cash reserves, and recommend appropriate actions to the church as necessary t ~~o e~~ nsure the effectiveness of ministry alongside financial stability.

The church’s intention for 2024 is to continue to fund the day to day running costs of the church including the payment of salaries and associated costs for our ministers and part-time staff. We are delighted that the members have agreed to the appointment of Sarah Stapleton as part time (50%) co-Minister from September 2024 for 12 months.

The Charity also aims to continue to support our mission partners. The Church is currently affiliated to the Baptist Union of Great Britain and the Evangelical Alliance, both charities, and also financially supports various other charities including the Southern Counties Baptist Association, Open Doors, BMS World Mission and Bicester Christian Action in support of the Food Bank and other local community activity.

Financial Position

The statement of financial activities shows, in respect of general funds, a net surplus of £5,637 (2022 surplus £693).

The total expenditure for this period was £140,627 (2022 £129,704). Net worth (Reserves) at the year end were £296,851 (2022 £291,214).

This report was approved by the Trustees and signed on their behalf:

22 May 2024
------------------------------- ----------------------
Mrs G Goodliff - Secretary Date
22 May 2024
-------------------------------- ----------------------
Rev S Barber - Chairperson Date
22 May 2024
-------------------------------- ----------------------
Mr S Rand - Treasurer Date

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Orchard Baptist chU￿h Independent Examiners Report Year Ended 31 December 2023 I report on the accounts of the Charity for the ￿ar ended 31 Decefflbef 2023, which are set out on pages 5 to 6. Respectlve responslbllltles of the Tntstees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under SertKJn 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed..- It is my responsibility to.. examine the accounts under Section 145 of the 2011 Act; to follow the procedures laid down4n the 8eneral Directions given by the Charity Commission under Sertion 1451511bl of the 2011 Act; and to state when particular Matte￿ have come to our attention Basls of Indeptndent ex*ninerfs rewt My examination was carried out in accordance with the general Dirertions given by the Charity Commission. An examination includes a review of the a¢￿UntIng records kept by the charity and a eomparison of the accounts presented with those records. It also include5 consideration of anv unusual items or disclosu￿$ in the accounts. and seekin8 explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and con5eqLFently no opinion is gTven as to whether the accounts present a 'true and fair vlew, and the ￿port Is Ilmited to those matters set out in the statement below. Independent eKamlner's statement In connection with my examination. no matter has come to my attentlon: which gNe5 Us reasonab￿ cause to beli￿ that in any material respect the requirements., to keep accounting records in accordan￿ with Settion 130 of the 2011 Act. and lo prepare accounts whth accord with the accounting records and to comply wfch the accounting reqU1￿ments of the 2011 Act have not been met,. or to whlch, In my opinion, attentlon should be drawn in order to enable a proper understanding of the accounts to be reached. Mrs V J Thomas Independent Examiner Date

Orchard Baptist Church Statement of Income and Expenditure Year Ended 31 December 2023

Y/E
Notes
Incoming Resources
Collections Received
Donations
1
Youth and Mission Income
Miscellaneous Income
Grants and subsidies
Interest
Total Incoming Resources
Resources Expended
Charitable Activities
Missions
Youth
Outreach
Governing Activities
OBC Direct Costs
Wages and Salaries
Rent and Rates
Heat, Light and Power
Travelling and Hospitality
Printing, Stationery & Telephone
Professional Fees
Loan Interest
Accountancy
Depreciation
Disposal of assets
Subscriptions
Bank charges
Total Resources Expended
Net Movement in Funds
5
Total Funds B/Forward at 01/01/2023
Net Movements in Funds
Total Funds C/Forward at 31/12/2023
31/12/23 Y/E
Total
£
283
107,295
11,654
9,849
15,000
2,183
_
146,264
25,514
9,905
1,832
_
37,251
5,412
43,546
31,345
968
3,003
1,940
35
13,381
1,342
1,820
-
416
168
_
140,627
_

£ 5,637

291,214
5,637
__
£ 296,851
31/12/22
Total
£
585
106,658
2,867
4,003
15,000
1,284
_
130,397
23,497
3,375
1,395
_

28,267
4,170
44,078
37,197
1,013
1,290
1,538
111
8,602
1,180
1,681
(210)
702
85
_
129,704
_

£ 693
290,521
693
__
£ 291,214

Orchard Baptist Church Balance Sheet Year Ended 31 December 2023

Y/E 31/12/23 Y/E 31/12/22 Y/E 31/12/23 Y/E 31/12/22
Notes Total Total
£ £
Fixed Assets 4 5,689 5,042
Freehold Property 2 452,385 452,385
Investments 3 - 4,644
Current Assets
Other Debtors - 1,360
Trade Debtors 20 -
Prepayments 833 10,132
Gift Aid Recovered 2,271 2,967
Bank Accounts 82,296 79,134
_ _
Total Assets 543,494 555,664
Current Liabilities
Accruals 866 9,149
PAYE - 494
Mortgage 180,777 189,807
Other Loans 65,000 65,000
_ __
246,643 264,450
__ __
Total Assets Less Total Liabilities £ 296,851 **£ 291,214 **
Capital and Reserves
Reserves 5 291,214 290,521
Profit and Loss Account 5,637 693
__ __
£ 296,851 £ 291,214

The balance sheet was approved by the Trustees and signed on their behalf:

22 May 2024
-------------------------------- --- -------------
Mrs G Goodliff - Secretary Date
22 May 2024 22 May 2024
-------------------------------- --- ------------- -----------------------------
---------------
Rev S Barber - Chairperson Date Mr S Rand - Treasurer
Date

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Orchard Baptist Church Notes to the Accounts Year Ended 31 December 2023

Y/E 31/12/23 Y/E 31/12/22
Total Total
£ £
1. Incoming Resources Analysis
Collections Received 283 585
Donations:-
Gift Aided Donations 39,717 45,645
Gift Aid Recovered 10,243 11,035
Non Gift Aid Donations 57,335 49,978
___ __
107,295 106,658
Miscellaneous Income:-
Café 103 5,116 178
Hardship Donation 267 500
Amazon 41 25
Tearfund Appeal 1,190 2,349
Foodbank 10 -
Thursday Fellowship - 44
Worship Conference 915 -
Christmas Appeal 522 907
Tribute 10 -
Easyfundraising 37 -
Baker’s Leaving Gift 200 -
Hope In Action – Investment Returned 902 -
Gift of Synthesizer 639
_ ______
9,849 4,003
Youth and Mission Income:-
Youth Activities 11,654 2,867
Grants/Subsidies:-
Home Mission Funding 15,000 15,000
_ _
15,000 15,000

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Orchard Baptist Church Notes to the Accounts Year Ended 31 December 2023

Y/E 31/12/23 Y/E 31/12/22
Total Total
£ £
Incoming Resources Analysis Cont’d/….
Interest Received 1,883 884
Hope In Action Investment Income 300 400
__ __
2,183 1,284
__ __
£ 130,397 £ 130,397
2. Freehold Property Graven
Hill House
£
Cost
Cost B/Fwd as at 01/01/2023 452,385
Additions -
Disposals -
__
Cost C/Fwd as at 31/12/2023 **£ 452,385 **

There will be no depreciation charged on the Freehold property

3. Investment

As at 31 December 2022, the Charity had put £4,644 of its reserves towards the costs of a house purchase in Bicester for a refugee family in partnership with Hope Into Action UK. During 2023, the remaining £5,356 of the agreed investment was used to prepare the house for sale. The house was purchased in January 2018 and sold in July 2023 which resulted in the Charity receiving a return of its share of the property of £10,902. In addition interest of £300 was received in 2023.

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Orchard Baptist Church Notes to the Accounts Year Ended 31 December 2023

4. Fixed Assets
Cost
Cost B/Fwd as at 01/01/2023
Additions
Disposals
Cost C/Fwd as at 31/12/2023
Depreciation
Depreciation B/Fwd as at 01/01/2023
Charge for year
Disposals
Depreciation C/Fwd as at 31/12/2023
Net Book Value
As At 31/12/2023
As At 01/01/2023
Church
Equip
£
6,080
399
-
__
£ 6,479

5,235
311
-
____
£ 5,546
£ 933
£ 845
Office
Equip
£
11,299
2,068
-
_
£ 13,367
7,102
1,509
-
______
£ 8,611
£ 4,756
£ 4,197
F & F
£
189
-
-
_
£ 189
189
-
-
___
£ 189
£-
£-
Total
£
17,568
2,467
-
_
**£ 20,035 **
Total
£
17,568
2,467
-
_
**£ 20,035 **
12,526
1,820
-
_
£ 14,346
£ 5,689
£ 5,042

*Depreciation is charged at 25% reducing balance with a full year's depreciation charged in the year of purchase.

5. Statement of Movement in Funds

Unrestricted Funds
Restricted Funds
Total Funds
At
01/01/23
£
288,914
2,300
__
£ 291,214
Income
Expenditure
£
£
146,264
140,228
-
399
__
__
£ 146,264
£ 140,627
At
31/12/23
£
294,950
1,901
__
£ 296,851

At the end of the year, of the original £5,000 Charlton-on-Otmoor Fund received in 2020, £1,901 was still held and is to be used solely on the Graven Hill Manse.

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