St. Clements Gospel Trust Annual Report & Accounts 2022 - 23 ## **St. Clements Gospel Trust** **Annual Report and Accounts 2022 - 2023** Charity Registration No: 1159376 St. Clements Gospel Trust Annual Report & Accounts 2022 - 23 ## **Charity Details** This is the 2022 - 2023 Annual Report and Accounts for the St. Clements Gospel Trust (the "Trust") and covers the period of operation of the Trust from 1[st] April 2022 to 31[st] March 2023. The Trust is a Charitable Incorporated Organisation registered with the Charities Commission under registration number 1159376 and was registered with effect from h 26[th ] November 2014. The Trust's registered address is: 282 Bramhall Lane South Bramhall Stockport SK7 3DJ ## **Structure and Governance** The Trust is governed in accordance with the Trust's written constitution as amended, most recently on 6[th] January 2016. The trustees for the period to which this report relates are / were: Jon King (Chair) Linda Jooste ## **Aims and Purposes** The Trust was set up with the aim of assisting with the provision of financial support and resources to further the spread of the Gospel of Jesus Christ and the advancement of the Christian faith in Manchester, first and foremost by supporting the work of St. Clement's as an evangelical church in the Openshaw area of East Manchester ## **Activities and Performance** Following on from a preparatory period prior to the start of the 2016 – 2017 accounting year, in which steps were taken to set up a bank account and to otherwise prepare for the functioning of the Trust, 2016 – 2017 saw the commencement of operations, and 2017 – 2018 saw the beginnings of the receipt of funds. The Trust’s activities continued in a similar vein across thereafter, but with a gradual increase in giving. Activity across the 2021 – 2022 financial year there was a significant increase in giving, and a corresponding increase in grants made, as reflected in the accounts, and this picture has remained largely consistent across 2022 – 2023. St. Clements Gospel Trust Annual Report & Accounts 2022 - 23 The significant balance as of the end of the financial year (i.e. 31[st] March 2023) reflects the fact that a subsequent grant payment was made to the PCC of St. Clement’s on 3[rd] April 2023, and so will be reflected in the following set of accounts. During the 2022 - 2023 period restricted donations of £8 per month (totaling £96 across the year) have been received, designated to cover the cost of the maintenance of the bank account. These sums have been used to cover the monthly CAF bank account fee, initially of £8 per month, dropping to £5 per month for the final 8 months of the financial year. Otherwise, the Trust has incurred no expenses. ## **Future activity** The Trust’s objectives remain the same, to seek to assist with the provision of financial support and resources to further the spread of the Gospel of Jesus Christ and the advancement of the Christian faith in Manchester, first and foremost by supporting the work of St. Clement's as an evangelical church in the Openshaw area of East Manchester. It is envisaged that the Trust will continue to offer grants of such monies as are available in order to seek to achieve these objectives. Signed on behalf of the Trust Dated: 26[th] January 2024 St. Clements Gospel Trust Annual Report & Accounts 2022 - 23 ## **Statement of Financial Activities for the Financial Period Ended 31 March 2023** As set out within the Annual Report, the financial period for 1[st] April 2022 to 31[st] March 2023 can be summarised as follows (figures to the nearest pound): - unrestricted donations totaling £11,179.51 were received - restricted donations totaling £96 were received for the express purposes of covering the banking fees payable to CAF by the Trust No contracts or other commitments were entered into during such a period Other than the banking fees as covered by the restricted donations set out above, no expenses were incurred by the Trust No external audit is required given that - The Trust's gross income has not exceeded £500,000 - The Trust's gross assets have not exceeded £3.26 million and gross income have not exceeded £250,000 - In turn, as gross income is not more than £25,000, no external examiner's report is required Signed on behalf of the Trust Dated: 26[th] January 2024 **St. Clements Gospel Trust** **No 1159376** ## **Receipts and payments accounts** **CC16a** **For the period** 1st April 2022 31st March 2023 **To from** ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**|**Unrestricted**
**funds**
**to the nearest £**|**Restricted funds**
**to the nearest £**|**Restricted funds**
**to the nearest £**|**Endowment**
**funds**
**to the nearest £**|**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**|**Total funds**
**to the nearest £**|**Last year**
**to the nearest £**| |---|---|---|---|---|---|---|---|---|---| |
Unrestricted donations|**11,180**||**-**||**-**||**11,180**||**11,030**| |Restrictied donations|**-**||**96**||**-**||**96**||**96**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_**_(Gross income for AR)_|**11,180**||**96**||**-**||**11,276**||**11,126**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| |
**NIL**|**-**||||||||| ||**-**||||||||**-**| |**_Sub total_**|**-**||||||||**-**| |**_Total receipts_**
**A3 Payments**|||||||||| ||||||||||**11,126**| ||||||||||| |
Grants|**5,004**||**-**||**-**||**5,004**||**11,790**| |Bankingcharges|**-**||**72**||**-**||**72**||**96**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_ **|**5,004**||**72**||**-**||**5,076**||**11,886**| ||||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||||| |**Nil**|**-**||||||||| ||**-**||||||||| |**_Sub total_ **|**-**||||||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||||| ||||||||||**11,886**| ||||||||||| ||**6,176**||||||||**- 760**| ||**-**||||||||**-**| ||**930**||||||||**1,690**| ||**7,106**||||||||**930**| ## **Section B Statement of assets and liabilities at the end of the period** |CCXX R1 accounts (SS)
**Categories**
**B1 Cash funds**|1
Monies awaiting payment out
**Details**
**_Total cash funds_**
(agree balances with receipts and payments account(s))|**Unrestricted**
**funds**
**to nearest £**
**7,130**
**-**
**-**
**7,130**
Agreement Error|26/01/2024
**Restricted funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Agreement Error
OK|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |Signed by one or two trustees on
behalf of all the trustees
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
Nil
**Details**
**Details**
Nil
**Details**
Nil
**Details**
Nil|**Unrestricted**
**funds**
**Restricted funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which asset**
**belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which asset**
**belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Jonathan King|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of approval| |||Jonathan King|26/01/2024| ||||| CCXX R2 accounts (SS) 26/01/2024 2