## ANNUAL REPORT AND ACCOUNTS 2024 (For the period to 31-03-24)
www.chapelhouseministries.org.uk Chapel House Ministries is a Registered Charity No. 1156159
Chapel House Ministries Annual Report and Accounts 2024
## **1. Introduction**
The Annual Report and Accounts for Chapel House Ministries is written equally for Trustees and those outside of the charity looking in. As a charity we have to be publicly accountable to everyone. Therefore, it is produced in accordance with the requirements of the Charities Act and any regulations made there under and the Charities SORP; Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard (FRS102) (effective 1 January 2019). For further information please contact the Chairman, Secretary or Treasurer.
## **Contact Details:**
Chapel House Ministries, Chapel House, Moseley Road, Hallow, Worcestershire, WR2 6NH.
## **2. Administrative Information**
Chapel House Ministries is a registered charity number 1156159 operating out of Chapel House (see address above). During the period 01 April 2023 to 31 March 2024 the following Trustees were appointed:
## **The first charity trustees are as follows:**
Paul Frederick Wilcox Jane Paton Wilcox
**The charity trustees appointed for the following terms are as follows:** Deborah Mary Austin for 4 years to 20[th] March 2026 Charles Michael Barry Austin for 4 years to 20[th] March 2026 Gillian Lucas for 4 years to 20[th] March 2026 Grahame Lucas for 4 years to 20[th] March 2026
## **3. Structure, Governance and Management**
Chapel House Ministries is a Charitable Incorporated Organisation (CIO) and operates in accordance with its Constitution dated 4[th] February 2014.
The Trustees are responsible for all aspects of the operation of the Charity including Health and Safety, discrimination and protection of vulnerable people. The Trustees are also responsible for strategic risk management and consider any material risks at each Trustee meeting. Management actions are routinely put in place for material risks. The trustees also have adopted a standard conflict of interest clause.
The value of the charity’s property provides sufficient cover for the long-term liabilities and the low-level strategic risk that the charity is forced to cease operating due to the loss of key Trustees.
The Charity Trustees meet up to four times a year and are responsible for all business decisions of the Charity.
## **4. Objectives**
The objects of the Chapel House Ministries are
- a. To advance the Christian faith, locally, nationally and internationally, for the public benefit, but not exclusively by developing, providing (and facilitating):
- i. Models of mentoring and hospitality,
- ii. A ministry among people wanting to grow in their Christian faith and discipleships,
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Chapel House Ministries Annual Report and Accounts 2024
- iii. Mentoring or counselling sessions,
- iv. Literature on Christian mentoring,
- v. A retreat centre (Chapel House) for the above purposes, and vi. Grants to individuals.
- b. exploring how Christian Mentoring and Counselling might interact.
## **5. Achievements and Outcomes**
This last year has been an exciting and event-full year for Chapel House, but in a slightly different way to previously, in that more people have been coming on individual retreats e.g. Elim and Baptist Ministers, and less for retreats that we have initiated, as might have been the case previously. We have also hosted training days for the Diocese of Worcester, Alpha Away days, Heart of England Baptist Association prayer meetings, Area Deanery meetings, a Formission College Quiet Day, a City Church Leadership team away day, a South African Missionary family and a Birmingham Hoteliers’ retreat. We also had the immense joy in the summer of celebrating 10 years at Chapel House and we invited friends, neighbours and supporters to a celebration party and hog roast! Nearly 200 people were in attendance during the day.
Jane’s regular and developing counselling work has become an integral part of what Chapel House is all about and she finds the work immensely encouraging and challenging in equal measure. We could not have known 10 years ago that this would happen, but it feels like an incredible privilege to facilitate this part of our ministry.
We continue to closely follow the ministry of our partner in Tanzania, Dr George Otieno Lawi, the academic dean at Msalato theological college. Our support enables him to continue his teaching and ministry in Dodoma, the administrative capital of Tanzania. His children are currently doing well at college and school, achieving high marks and we trust that our investment in the ministry of this family will prove fruitful in the future.
The Airbnb use of Chapel House has proved very successful and, informally, some great connections with people have been made. All guests have spoken very highly in their reviews of the Chapel House facility.
Chapel House Ministries started in early 2014 and since then has:
|||**2015/22**|**2022/23**|**2023/24**|
|---|---|---|---|---|
||**Chapel House Ministries**||||
|a.|ministered to, and mentored individuals|2,119|53|50|
|b.|Number of individuals who have visited Chapel House
for mentoring, hospitality, prayer, and lectures|325|210|150|
|c.|received the help of volunteers|70|3|20|
|d.|Numberof mentors|84|25|25|
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Chapel House Ministries Annual Report and Accounts 2024
## **6. Financial Review**
In nutshell and as at 31 March 2024:
- a. During 2023-24 we spent money on retreats, equipment and furniture, mission partner support and general running costs as follow:
|**Expenditure**
Chapel House – Equipment and furnishing
Chapel House - Running costs and Garden Maintenance
Mission partners
CCMN Mentoring Network|2023-24
£|2022-23
£|
|---|---|---|
||510|311
7,484
9,314
5,642|
||7,523||
||4,899||
||2,840||
|**Total**|**15,772**|**22,751**|
- b. Income was received during the year as follows:
|**Income**
Chapel House
Airbnb
Designated for Mission Partners
CCMN Mentoring Network|2023-24
£|2022-23
£|
|---|---|---|
||7,924|7,072
1,342
7,113
2,923|
||892||
||6,865||
||1,768||
|**Total**|**17,439**|**18,449**|
- c. As at 31 March 2024 our **general fund** reserve stood at £3,936 (£4,267 as at 31-03-23), a decrease of £331 during the year (an increase of £619 during the previous year).
- d. As at 31 March 2024 our **Christian Coach and Mentoring Network fund** reserve stood at £684 (£1,756 as at 31-03-23), a decrease of £1,072 in the year. However, this arm of the charity was closed towards the year end and it was agreed to transfer the fund balance to the general fund as an expression of gratitude for the support of CCMN activity. This fund is now reflected in the balance shown as paragraph c) above.
- e. By 31 March 2024 we had £7,221 i.e., £5,369 in the bank and £1,863 owed to us (HMRC Gift Aid claim).
- f. Income from the letting of Chapel House through Airbnb was £892 during the year and this has been transferred to the General Fund (£1,342 in 202223).
## **7. Actions for the future**
The Trustees have reviewed where Chapel House Ministries is in its development and are confident it is still meeting its objectives. It is felt that Paul and Jane have enough energy, vision and ideas to keep going for another five years and at that point we will review again. There is still a desire to pursue activities and events that explore contemplative expressions of the Christian faith, and to that end, an ‘Unexpected Journey’ retreat is planned for mid-February 2024.
We are going to be hosting an occasional lunch for people in leadership, locally, who are on an inclusive ‘journey’ and feeling in need of encouragement. These will be drawn from our existing contacts, initially, but we anticipate attendance will grow. This will take place on a termly basis, and we believe is in keeping with the foundational principles of Chapel House Ministries.
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Chapel House Ministries Annual Report and Accounts 2024
We also plan to host further ‘Unexpected Journey’ retreats for folk who are exploring fresh and innovative ways of working out their faith.
In our local community, we now have great links, particularly with our immediate neighbours and hope to develop these in the coming year. Our pastoral presence seems to be valued and we see great potential for missional engagement outside of the established practices of the church, although as an ordained person, Paul makes the link whenever he can.
As previously indicated, during 2023-24 Chapel House Ministries has now become separated from the Christian Coach and Mentor Network. CCMN have expressed their great appreciation to CHM for having provided a ‘home’ for the last couple of years but recognise that it is now more appropriate for them to be independent.
## **8. Accounting Policies**
**Accruals:** It is the policy of Chapel House Ministries to prepare accounts on a payments and receipts basis. The exception to this is the claim for Gift Aid recovery from HMRC that remains outstanding at the year end. This is treated on an accrual basis.
**Property Valuation:** The Charity owns one property; Chapel House. The initial value of the building was shown at purchase cost (2014) and subsequently increased by the value of the internal reordering works carried out in 2016-17. The Charity has adopted a policy of revaluing Chapel House, in accordance with the Financial Reporting Standard (FRS102). A professional and independent valuation was carried out on 4[th] February 2022 and is reflected in these accounts. In accordance with the Financial Reporting Standard (FRS102) the Charity will arrange for revaluations with sufficient regularity to ensure that the value in the accounts doesn’t vary materially from its current value. The Trustees plan to seek another valuation in 2027.
**Works to Property:** Items of expenditure that are deemed to improve the value of the property are capitalised and treated as part of the Fixed Asset “Chapel House”. All expenditure on maintenance is charged to the year of account. Expenditure on equipment or assets on or above £2,500 with a life expectancy greater than two years is capitalised and subject to depreciation on the straight-line method over the forecast life of the asset.
**Procurement:** All expenditure above £2,500 should be subject to Trustee approval prior to purchase. Any expenditure on a single item above £2,500 should be subject to receipt of at least two written or documented quotes and be subject to Trustee approval if the lowest quote is not to be accepted. Any expenditure above £7,500 should be subject to three written quotes based on a clear specification of the works or asset to be purchased, and Trustee approval of the selected quote.
**The letting of Chapel House through Airbnb:** The Trustees have agreed to use the income from letting to support the ministry and upkeep of Chapel House.
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Chapel House Ministries Annual Report and Accounts 2024
## **9. The Annual Statement of Accounts 2024**
The Statement of Accounts is set out on the following pages. An Independent Examiner’s report is set out on Page 13.
|**Page No.**|**Financial Statements for the period 1 April 2023 to 31 March 2024**|
|---|---|
|6|Statement of Financial Activities and funds summary|
|7|Balance Sheet|
|8|Fund Movement summary|
|9|Statement of Assets and Liabilities|
|10|Analysis of Receipts and Payments (notes A, B1 and B2)|
|11|Additional notes to the accounts (notes B3, C, D and E)|
|12|Statement of Financial Activities and funds summary 2022-23 for comparison
with 2023-24 on page 6|
|13|Report of Independent Examiner|
## **10. Notes to the Accounts**
The following pages set out the statement of accounts together with notes to explain them.
Grahame Lucas Treasurer 5[th] December 202
Paul Wilcox Chairman 5[th] December 2024
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Chapel House Ministries Annual Report and Accounts 2024
## **Chapel House Ministries Statement of Financial Activities For the period from 01 April 2023 to 31 March 2024**
||**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**£**
**£**
**£**|**Total funds**
**£**|**Prior year**
**total funds**
**Further**
**details**
**£**|
|---|---|---|---|
|Incoming resources from generated funds
Voluntary income
Investment income
Other incoming resources
Cost of generating voluntary income
Charitable activities
Prior year adjustments
General fund
Chapel House Revaluation Reserve
Funds used for purchase of Chapel House
Funds used for the improvement of Chapel House
George
The Christian Coach And Mentor Network
**Represented by:**
Restricted
Gains on revaluation, fixed assets, charity's own use
Net movement in funds
**Total funds brought forward**
**Total funds carried forward**
Gross transfers between funds - in
Gross transfers between funds - out
Gains/losses on investment assets
Total income
Total expenditure
Net income (expenditure) resources before transfers
**Total funds**
**Incoming resources**
**Resources used**
**Transfers between funds:**
**Invetsment and Assets valuations:**
**Reconciliation of funds:**
Designated
Unrestricted|0
0
1,760
7,898
6,866
8
15
892
0
0
0
0|1,760
14,772
906
0|4,073
A
13,027
A
1,350
0
18,449
791
B2
21,960
B1
0
22,751
-4,301
1,342
D
-1,342
D
0
B3
0
C
-4,301
154,293
149,992
4,267
32,920
32,667
77,412
969
1,756
149,992|
||7,913
7,757
1,768
1,617
0
0
8,203
3,112
2,840
0
0
0|17,439
1,617
14,155
0||
||9,820
3,112
2,840|15,772||
||-1,907
4,645
-1,072|1,666||
||1,576
0
0
0
-892
-684
0
0
0
0
0
0|1,576
-1,576
0
0||
||-331
3,754
-1,756|1,666||
||4,267
143,969
1,756|149,992||
||3,936
147,722
0|151,659||
||3,936
0
0
0
32,920
0
0
32,667
0
0
77,412
0
0
4,722
0
0
0
0|3,936
32,920
32,667
77,412
4,722
0||
||3,936
147,722
0|151,659||
|||||
_There may be minor discrepancies in the totals as the pence are not being shown on any of the financial statements above and on the following pages._
See Page 12 - Statement of Financial Activities and funds summary 2022-23 for comparison with 2023-24.
6
Chapel House Ministries Annual Report and Accounts 2024
## **Chapel House Ministries Balance Sheet**
||**As at**
**31/03/2024**|**As at**
**31/03/2023**|
|---|---|---|
|Unrestricted - General Funds
Chapel House Revaluation Reserve
Funds used for purchase of Chapel House
Funds used for the improvement of Chapel House
George
The Christian Coach And Mentor Network
**Restricted**
**Fund Totals**
**Less Liabilities:**
Provision For Liabilities After One Year
Total net assets less liabilities
**Represented by:**
**Unrestricted**
**Designated**
**Current assets**
Debtors
Cash At Bank And In Hand
**Liabilities**
**Net current assets less current liabilities**
**Total assets less current liabilities**
Chapel House
Current Liabilities
**Fixed assets**|300,000|300,000
**300,000**
268
5,287
**5,555**
-
**5,555**
**305,555**
155,563
**149,992**
4,267
32,920
32,667
77,412
969
1,756
**149,992**|
||**300,000**||
||1,863
5,359||
||**7,221**
-||
||**7,221**||
||||
||**307,221**
155,563||
||**151,659**||
||3,936
32,920
32,667
77,412
4,722
0||
||**151,659**||
||||
Note 1: It is the policy of the charity to prepare accounts on a receipts and payments basis with the exception of the recovery of tax on Gift Aided donations and the valuation of the Chapel House property.
7
## Chapel House Ministries Annual Report and Accounts 2024
8
Chapel House Ministries Annual Report and Accounts 2024
## **Chapel House Ministries Statement of Assets and Liabilities (by code) As at: 31 March 2024**
|**Class and nominal code**|**General**
**(Unrestricted) Designated Restricted**
**£**
**£**
**£**|**Total**
**£**|**Last year**
**£**|
|---|---|---|---|
|6431: Chapel House purchase
6432: Chapel House Improvements
6433: Chapel House Revaluation
6501: Bank current account
Z05: Accounts Receivable
6602: Long Term Loans received
**Unrestricted funds:**
General
**Designated funds:**
Funds used for purchase of Chapel House
George
Funds used for improvement of Chapel House
Chapel House revaluation reserve
**Restricted funds:**
Christian Coach and Mentor Network
**Total funds of the charity**
**Total**
**Total**
**Net total assets**
**Total**
**Current Asset - Debtors**
**Liability - Provision For Liabilities After One Year**
**Represented by**
**Total**
**Fixed Asset - Tangible Assets**
**Current Asset - Cash At Bank And In Hand**|-
189,667
-
-
77,412
-
-
32,920
-|189,667
77,412
32,920|189,667
77,412
32,920|
||**-**
**300,000**
**-**|**300,000**|**300,000**|
||2,911
2,447
0|5,359|5,287|
||**2,911**
**2,447**
**0**|**5,359**|**5,287**|
||1,025
838
-|1,863|268|
||**1,025**
**838**
**-**|**1,863**|**268**|
||-
155,563
-
**-**
**155,563**
**-**|155,563
**155,563**|155,563
**155,563**|
|||||
||**3,936**
**147,722**
**0**|**151,659**|**149,992**|
||3,936
0
0
0
32,667
0
0
4,722
0
0
77,412
0
0
32,920
0
0
0
0|3,936
32,667
4,722
77,412
32,920
0|4,267
32,667
969
77,412
32,920
1,756|
||**3,936**
**147,722**
**0**|**151,659**|**149,992**|
|||||
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Chapel House Ministries Annual Report and Accounts 2024
## **Chapel House Ministries Analysis of income and expenditure Period: 01 April 2023 to 31 March 2024**
||**General**
**Designated**
**Restricted**
**£**
**£**
**£**|**Total this**
**year**
**£**|**Total last**
**year**
**£**|
|---|---|---|---|
|0101 - Gift Aid - Bank
300
2,065
0
0201 - Other planned giving
450
2,249
0
0501 - One-off Gift Aid gifts
450
0
0
0550 - Donations appeals etc
5,380
1,462
0
0601 - Tax recoverable on Gift Aid
1,318
1,090
0
0901 - Other funds generated
0
0
8
1020 - Bank and building society interest
15
0
0
1030 - Rent from lands or buildings
0
892
0
0401 - Annual Subscriptions
0
0
730
0403 - Gifts Received
0
0
1,030
**7,913**
**7,757**
**1,768**
1500 - Prior Year Adjustment
0
0
0
**7,913**
**7,757**
**1,768**
1710 - Costs of applying for grants & fundraising
138
0
0
1730 - Costs of retreats & events
1,479
0
0
**1,617**
**0**
**0**
1601 - Administration CCMN
0
0
962
1602 - Website and Email CCMN
0
0
1,754
1603 - Social Media and Marketing CCMN
0
0
0
1606 - Core team expenses CCMN
0
0
124
1801 - Giving to mission partners
1,688
3,112
0
1830 - Giving relief & development agencies
100
0
0
2050 - Caretaking
2,400
0
0
2201 - Training
185
0
0
2331 - Cleaning
60
0
0
2343 - Furniture and Equipment
510
0
0
2350 - Upkeep of garden
139
0
0
2360 - Administration
424
0
0
2401 - Chapel House - insurance
1,151
0
0
2402 - Chapel House maintenance
585
0
0
2414 - Chapel House heating and lighting
960
0
0
**8,203**
**3,112**
**2,840**
2900 - Prior Year Adjustment
**9,820**
**3,112**
**2,840**
_-1,907_
_4,645_
_-1,072_
**Resources used Grand totals**
_Net change in resources (-ve = reduction)_
**Cost of generating funds**
**NOTE B2**
**Resources used**
**Charitable activities**
**NOTE B1**
**Cost of generating funds Totals**
**Charitable activities Totals**
**Incoming resources from generated funds Totals**
**Incoming resources Grand totals**
**Incoming resources**
**Incoming resources from generated funds**
**NOTE A**|300
2,065
0
450
2,249
0
450
0
0
5,380
1,462
0
1,318
1,090
0
0
0
8
15
0
0
0
892
0
0
0
730
0
0
1,030|2,365
2,699
450
6,842
2,408
8
15
892
730
1,030|2,550
3,245
0
5,115
623
1,494
8
1,342
2,710
1,363|
||**7,913**
**7,757**
**1,768**|**17,439**|**18,449**|
||0
0
0|0|0|
||**7,913**
**7,757**
**1,768**|**17,439**|**18,449**|
|||138
1,479|0
791|
||**1,617**
**0**
**0**|**1,617**|**791**|
||0
0
962
0
0
1,754
0
0
0
0
0
124
1,688
3,112
0
100
0
0
2,400
0
0
185
0
0
60
0
0
510
0
0
139
0
0
424
0
0
1,151
0
0
585
0
0
960
0
0|962
1,754
0
124
4,799
100
2,400
185
60
510
139
424
1,151
585
960|1,287
2,590
1,680
0
9,314
0
2,400
0
106
311
164
1,460
1,048
642
960|
||**8,203**
**3,112**
**2,840**|**14,155**|**21,960**|
||||-|
||**9,820**
**3,112**
**2,840**|**15,772**|**22,751**|
||_-1,907_
_4,645_
_-1,072_|_1,667_|_-4,302_|
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Chapel House Ministries Annual Report and Accounts 2024
## **Note B3 Investments:** The Charity does not hold any cash investments.
**Note C Property Valuation:** This was last carried out on 4[th] February 2022 by Messrs Nicol & Co. The basis for valuation was market value based on the values of similar residential properties in the area. The property was valued in the region of £300,000. In accordance with the Financial Reporting Standard (FRS102) the Charity will arrange for revaluations with sufficient regularity to ensure that the value in the accounts doesn’t vary materially from its current value. The Trustees plan to seek another valuation in 2027.
|Property: Chapel House, Mosely Road,
Hallow.|Freehold
Land and
Buildings as
at 31-3-24|Freehold
Land and
Buildings as
at 31-3-23|
|---|---|---|
||£|£|
|**Cost & valuation history**|||
|Purchase
price
March
2014
(including
capitalised fees and costs)|189,667|189,667|
|Cost of reordering & improvements 2016-17|62,627|62,627|
|Cost of reordering and improvements 2017-18|2,786|2,786|
|Cost of improvements to driveway & external
areas in 2020|12,000|12,000|
|Revaluation on 20-09-2017|19,920|19,920|
|Revaluation on 04-02-2022|13,000|13,000|
|**_Net book value at the end of year_**|**300,000**|**300,000**|
|N.b. there were no impairments and no
depreciation applied|||
||||
**Note D Transfers between funds:** the funds generated by the Airbnb project of £892 in 2023/24 (£1,342 in 2022/23) were transferred to the General Fund. This project was established to provide funding for the charity by making better use of the Chapel House building.
**Note E Debtors:** Two claims were made to HMRC after 31-03-2024 in respect of Gift Aided income prior to 01-04-2024. The claim totalled £1,863 (£268 (2022/23) and has been treated as an accrual of income in the 2023/24 accounts. The claim was received in May 2024.
**Donations of goods and services in kind:** Our annual independent examination was carried out by Tim Marlow free of charge. Volunteers provide their services to administer the charity and manage events.
11
Chapel House Ministries Annual Report and Accounts 2024
This statement for the previous year is provided as a comparator with the latest Statement of Financial Activities as set out on page 6.
12
Chapel House Ministries Annual Report and Accounts 2024
13