2023-12-31-accounts

Saltisford church TRUSTEES, ANNUAL REPORT AND ACCOUNTS 2023 Albert Stree¢ Warwick, CV34 4JX Tel. [phone] email: [e-mail] worshipping God - explaining our faith serving the community

TABLE OF CONTENTS GENERAL INFORMATION..............-................................................................. TRusfEES' REPORT..... .... .. ......... ...... ......... ..... .. . .. .........-................ .. 2.1. Introduction........ . 2.2. Structure, Govwnance and Management.............................................. 2.3. Objectives and Acknvlties....................................................................... 2.4. Achievements and Perfornian￿...... 2.5. Flnancial Review................................................................................... 2.6. Future Plans............. INDEPENDErir EXAMINERS REPORT TO THE TRusfEES OF SALTISFORD CHURCH..................................................................................... 3.1. Responsibllitles and basls of report...................................... 3.2. Independent examlner's statement............................... ACCOUNTS AND FINANCIAL sfATEMEKrs.................................................. 4.1. Financial Athvities......-....-.....-....-.......-....-.............-.-..-.......................... 4.2. Assets and Llablllties............................................................................. 4.3. Notes to the Finanaal Statements....................................................... 10 Accounting Policies.........................................................................10 Unrestricted Fund Payments Detall................................................. Voluntary Receipts and Recelpts from Charitsble Actfvlties............. Restritted fvnds.................................................................... .12 Related Party Transactions . .12 Conttngent Liabillties....................................................................... 13 Ultimate Controlling Party...............................................................13

GENERAL INFORMATION CharFty Registration Number 1159404 Trustees M Wells (Chalmian) S E Foster (Secretary) RPOthm JERose Treasurer S E Foster Address Albert Street Warwick CV34 4JX Independent Auditors Burgis & Bullod( Chartered Accountsnts 23 -25 Watsrlco Pla Warwick Street Leamington Spa CV32 SLA Prfnclpal 8ankers C4F BANK Umlted Kings Hill West Malling Kent ME19 4TA Page I

TRUSTEES. REPORT Introdurtion The Twstees of Sa￿1Sfor￿ Church present their report and accounts for the period ended 31 De￿mber 2023. The accounts have been prepared on a Receipts and Payments basis. Saltisford Church is an indepg)dent fellowship of Christians from Warwick, Leamington Spa and surrounding areas. Structure, Governance and Management Saltisford Church was established as a Charitable Incorporated Organisation (CIO) under a Constitutlon dated 2 November 2014 and registered with the Charity Commission as Charity No 1159404. It 15 governed administrativelyi under the ternis of Clause 11 of the Constitution, by a tM)ard of Trustees who are appointed by a resolution passed at a property convened meeting of the Trustees. The CIO is managed by four trustees". Mlke Wells - Chalr Steve Foster- Secretary James Rose Russell Osbom The spiritual leadership of Saltlsford thurch Is the responslbllity of the Leaders of the Church. The Leadership of Salusford Church at the beginnlng of 2023 was James Rose, John Morris, Jamie Moir, Celia Hilgenberg, Susannah Solt and Nick Cole. Celia Hilgenberg resigned from the Leadership Team in November 2023. There were four salaried stsff in 2023. Jarnie Moir, Youth and Children's Worker, who led and coordinated the work amongst child￿n and young people. Kat Spanswick was employed part- time to manage the Warm Spaces initiative each week in the Church together with the Community Café each Friday. Ching fing &n has been employed part-time as Church Administrator. John Donaldson carries out cleanlng in the churth on a part-tlme basis. The Charity s ￿ntre of activity is the Church property in Albert Street, Warwick. Ownership of this property Is vested in the CIO. Obiectlves and Activities Saltfsford Church seeks to care for the current members of the fpjlowship and reaches out to others. It has three core objectives as summarized in the ao Constitution.. l. The advan￿ment of the Christtan religion both in the Unlted Kingdom and overseas. Page 2

NDA 2. The advan￿ment of religious or other education. 3. The rellef of the poor, sick or disabled. Public benefft is specifically referred to in the CIO Constitution and the Trustees have complled with the duty in Section 17 of the Charitles Act 2011 to have due regard to the publlc benefit guldance published by the Charity Commission in their decisions concerning the obiectlves of the charity. The 'publld has Included men, women and chlldren from the local communlty around Saltlsford Church, other parts of Warwick and from the surrounding towns of Leamington Spa, Kenilworth arKI Stratford-upon-Avon; the 'benefit' has been In accordance wlth the aims and objectives of the charity as summarised above. The following summarlzes the prlncipal actlvlties of the Charity In 2023 5n fulfillmert of the ObJettlves set out above: The Church met for an all-age, Infomial worshlp seNtce each Sunday mornlng, in Ilne wlth Objectives l and 2 atmwe. Programme included worship, prayer and Bible teachlng. Young persons, attivlties invofvlng chlldren's Sunday mornlng 'Blble Dtscove groups and Teenage groups. Communlon was shared approxlmately monthty. 'Junior Churth, was held monthly involving young person's prayer and worship. A prayer mlnlstry team offered personal prayer each SurKlay morning after the morning service. Week-day activities that are in line with all Objectives above: Cell groups were held weekly on Tuesday and Thursday evenings and Wednesday momlngs, provldlng help, support and encouragement to Indlvldual memters. A day-tlme mldweek meetlng was held each Wednesday at the ￿urCh, which Included worship, prayer and Bible teaching. Meetings for prayer. both in person and online, were held at varlous times each week. A women's soclal gathering called Knit& Natterwas held weekly on Friday mornings attended people from the congregation and the local community. A Women's Breakfast event was held monthly on a Saturday momlng for teachlng, fellowship and mutual encouragement in the Christian Faith. A Men's Breakfast event was held monthly on a Saturday moming for mubjal encouragement Youth group attivibes were held each Friday evening in the Church premises f￿M the beginning of the autumn school term. Page 3

The Toddler group for parents and carers, called "Little Flshes- was held In the Church prernises each Monday moming. A monthly Autlsm Café was held on Saturday aftemoons wlth the Church building opening for three hours providing a supervised safe Spa￿ for families affetted by autism for relaxation and play. This is in line Objective 3 atx)ve. Warwick Distritt FoodbanK seeded by Trussdl TrusL operated a foodbank from Saltisford Churth each Frlday aftemoon. A Communlty Café was held in parallel with thi5, each week. This is In line Mth Objective 3 above. With the rapld increase In fuel costs combined with the significant increase in infiation, from late 2022 we joined the l¢xal Warm spa￿S inittative l¢xally, opening the Church Building on Thursday and Friday each week Other activitie5 conslstent with Objectrves l & 2: A Saturday morning children's attivity event was held called S￿at-a-da￿0n a monthly basls. Work In l(Kal schools supportlng Crossteach, a local charfty focuslng on teaching the Christian faith in schools with our Youth and Children's Worker. A weekend mlnl-conference, for teaching, fellowship and relaxatlon, was held for member5 of the congregatlon at the Ploneer Centre, Cleobury Mortlmer, Kiddemiinster atterKled by about 90 people. The Church organized a Fun Day in August In the churth building that was attended by some 100 people from the local community. Monthty craft evenings were held at the Church premises, including a thrlsdan talk. UK and Overseas Chrfstian mlsslon work, conslstent partlculady wlth ObJectlves 2 & 3, involving both finanoal and prayer support induded: Support to churches In Nepal and Moldova. Supp)rt to medlcal misslon In Malawl, Madagascar and Nepal. Support to Chrfstian rellef work In Malawi and Mozambique. Support for theological training in India and Palestlne. Support to UK-based misslon work such as Good News for Everyone, Counties, Cmssteach and Thrlve MinlsiTles. Saltisford a)urch Is a Junior Partner with Christians Against Poverty (CAP). CAP is a debt counselling working to alleviate debt and ￿)VertY. Saltisford is part of network In the Leamlngton Spa and Warwlck area and a number of the Saltisforyl congregation are active in debt counselllng wlth CAP. UK work conslstent wlth Objective 3 involving both prayer and financial support includes: Page 4

New Hope Counselling, a local Christian charlty that provldes an affordable counselling service available for all in WarwicK Leamington Spa and surrounding areas and operates from the Saltisford Church property. Achievements and Performance In Ilne wlth our core objettlves, we are pleased to report the following during 2023:_ The Sunday moming in-person services were conducted thr(yJghout 2023, whilst maintainlng a live ZOOM link for those unable to attend in person. Durlng 2023 the Saltisford Foodbank continued to operate to senle local people in need. Refer to Warwick District Foodbank Annual Rep)rt for fijrther information. The monthly craft evenlngs held at the Church attracted attendances of around 12 people. The weekfy tstde Flshestoddlers group regularly attracted around 40 children. The monthly Saturday-morning 'SplatadaK sessions for children and familles have attracted 40 to 50 children plus ttreir parents, grandparents and guardians. We gave £42,160 In support of Chrfstlan and ald work In other countries and a further £7.510 in support of local and national Christian work in the UK. Financial Review The net receipts in the year, as shown in Section 4.1 amounted to £37,984, made up of payments of £37,900 from fvnds for use at the Church's dlscretFon and recelpts of £84 from ftjnds restricted for purpjses specified by the donors. Funds for the work of Saltisford come principally from voluntsry donations from the congregatlon of the Church. In addition, some recdpts come from charitable actimties such as hire of the buildings, youth and tcmldler groups, and occasional meals. The reserves pollcy of the Trustees is to maintain wfflcient fijnds for the ongoing activities of the Church for a period of three months. The normal fiuthatsons in income and expenditure Indicate reseNes for this purpose of approxlmately £30,0(K). Funds in excess of this level will, in the absence of any speaal need. be regarded as available for current use, wlth any major projects being funded by special appeals. Page 5

AND ACC Future Plans The Leadership Team has been strengthened wlth the ad￿l￿on of Steve Hood in the early months of 2024 and the proce55 of recruiting a fijll-time leader to join the Leadership before the end of the year. The Trustees conslder that the present strategles are workrng satisfattorily with activities that are enabllng the Church to achieve its aims and objectlves. On behalf of the Trustees M Wells Chainnan Dats: 19 June 2024 Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF SALTISFORD CHURCH I rewrt to the charity trustees on my examination of the accounts of the charfty for the year ended 31 December 2023 whlch are set out on pages 9 to 14. Responsibilitles and basis of report As the charivs trustees you are responsible for the preparation of the accounts In accordance wlth the requlrements of the charf￿e5 Act 2011 Cthe ACV). I report in respect of my examination of the charivs accounts carried out under section 145 of the Act and In carylng out my examlnatlon I have followed all the applicable Direttions given by the Charity Commission under sectton 145(5)(b) of the Act. Independent examiner's statement I have completed my examlnatlon. I confimi that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: l accounting records We￿ not kept in respect of the charity as ￿Uired by section 130 of the Att; or 2 the accounts do not accord with those records. I have no concerns and have come across no other matter in connection wtth the examination to which attention should be drawn in this rewrt in order to enable a proper understanding of the accounts to be reached. Wende Ann Hubbard FCCA Burgis and Bullod( Chartered Accountsnts 23 -25 Waterloo Place Warwick Street Leamington Spa CV32 51A Ar TVY 2024 Page 7

ACCOUNTS AND FINANCIAL STATEMENTS 4.1. Financial Actlvities srATEMENT OF FINANCIAL ACTIvrrIES Receipts and Payments Account For the year ended 31 December 2023 Recelpts Incoming resources Voluntsry receipts 117,183 60,765 177.948 214.304 4,838 4,838 749 Recelpts from charitable activides 8,077 3,308 11,385 5,914 Total rncelpts 130,098 64,073 194,171 220,966 Payments ExpeTrJiture in furtheran￿ of the charivs i)bjectives Charrtable activities 89,994 5,730 95,724 85,800 Glfts made 58,084 175 58,084 59,318 GOVernar￿ costs Asset and investment purchase5 1,067 1,242 1,702 1.137 1,137 Totsl payments 92.198 63,989 156,187 Net Recelptslpayments fw the year 37.900 37.984 72.102 Cash funds brought forward at l January 2023 150,244 25,727 175,971 103,869 Cash ftinds carrfed foThYard at 31 December 2023 188,144 25,811 213,955 175,971 The Notes in Section 4.3 form part of these financial ststements. Page 8

Assets and Liabilities srATEMENT OF ASSEfs AND UABILrrIES At 31 December 2023 Cash balance8 Cash In hand CAF Current account CAF Gold account G4F Card account ngdom Bank 227 ioj 227 100 loo 99.963 454 25,811 125,774 454 128,605 455 87,400 188.144 87,400 213,955 46,771 175,971 25.811 Glft Ald tax reclalm due 1,293 1,293 116 1,408 1.408 -1,392 -1,392 116 Assets retèlned for the tharW$ own ux I land and buildlrvjs Furnitu￿ and &]uipment 1,286,634 69,735 1.356,369 1,286,634 1,286.634 69.735 69,735 1,356,369 1,356,369 Uabllltles HMRC- PAYE and NI SupplleJ5 accounts 445 445 451 710 710 1,155 1.155 451 The financial statements In Section 4 were approved by the Trustees on 30 May 2023. M Wells Chalrnian Date 19 June 2024 Page 9

Notes to the Flnancial Ststements l. A(£ountlng Poll(aes Basis of Accountlng The Ststement of Financial Acbvities has been drawn up on a receipts and payments basis. ststement of Hnandal Actlvltles Donations and other Income are credlted In the period in which they a￿ received. These are analysed between unrestricted and restrficted funds. Expendlture paid out In the year Is a150 assigned to unrestricted or restrlcted funds. ststemant of Asséts and Uabllltles Cash funds are listed in detsil with amounts at 31st December 2023 which are in agreement with the balance carried forward on the Ststement of Financial Activities. Othw monetsry assets - CAF donor cheques still to be pald Into church bank account and income tax recoverable under the gift aid scheme which ha(1 not been recelved by the end of the year. Assets retalned for tharlty's own use are stated at their current insured value. Llabllltles Include PAYE and National Insurarte due on December salaries but not yet paid to HMRC and suppliers accounts outstandlng. Page 10

l unre$trfrt￿ Fund Payments Detall ari Stsff o)sts Local outreach Pastoral suppjrt Tralnlng and resour Youth & thlklren's work Extemal speakers Bullding and uttiities Equipment MaIntenan￿ and purchase SupFQrt and *rVI￿ costs Legal, bank & accounts examiner f￿$ 45.639 9,804 11,039 731 4,211 1,168 8,988 872 7,544 45.639 9.804 11.039 731 4,211 1,168 8,988 2,009 7.544 1,067 50,388 5,681 3,877 120 2,393 2.232 7,458 3,302 6,109 1,625 1.137 1,067 Total unresblcted fund payments 89,994 1,067 1,137 92.198 83,184 3. Stsff Costs 2023 2022 Salaries Sodal Security costs 44,118 43,893 2,272 3,013 209 20 50,388 2.598 320 163 47,036 Recruitment and tralnlng Averdge number of full-tlme equivalent empby No employee re￿iVed emoluments of more than £60,000. Pension costs are amounts paid to independent pension provlt1ers. In common with many churches, a very signfficant part of the attlmties of the Churth is staffed on a voluntary basis. The fellowship operates a lay minlsty In all of Its fijnctions. The Trustees are all actively involved in Church attivitles. Voluntary Recdpts and Recelpts from Charltable Actlvlties Voluntsry recelpts are donations tt> the th of the church. Receipts from charitable attivities arise from individuals and organisatlons paylng for some church activitie5 such a5 youth weekends, toddler groups and for hlre of the buildings. Page 11

The Income funds of the ￿Urch include restrlcted funds comprlslng the followi￿j unexpended balances of donattons held on trust to be applled for specific purposes (flgures include tax recoverable under gift aid whlch has been received from HMRC): vi At l January 2023 Inoynlng Resour￿5, Donations Payments in fijrthernntr of the charws objectives: 19,495 2,413 3.820 25.727 50,059 7.789 6.225 64.073 Gffts made 49,670 -213 -8,988 -3,098 2,021 -63,777 -213 At 311)ecember 2023 19,671 1,214 3,127 1,799 25,811 Mlsslon Support is admlnlstered in a separate budget ftjnded by gifts for that purpose. Expenditure comprise5 gits made to organisations and individuals engaged in Chrfstian work and Is analysed below by the area seNed and type of recipient: nl 4,920 850 1,740 6.660 850 42,160 49,670 13.624 3,118 36,913 53,655 Nauonal Internatlonal Total 18,860 24.630 23,31Xt 25,040 Speclflc Glfts are those where the donor has requested that the gift be passed on to a specific indlvidual or organlsation or project. Such glfts are only ac￿pted if the resulting payment Is wlthln the scope of the Objectlves of the Church. 6. Related Party Trnnsactions The Trustees received no remuneration or reimbursement of expenses durfng the year. Page 12

1. Contlngent Llabllitles The Church had no contingent liabilitie5 or leasing commitments at 31 December 2023.
2. Ultlmats Controlllng Party The Church's ulttmate controlling party is the Board of Trustees. Page 13