LLAY CHURCH OF THE NAZARENE
FINANCIAL STATEMENTS & TRUSTEES’ REPORT
YEAR ENDED 30 SEPTEMBER 2023
Charity number 1160604
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CONTENTS
| Page | |
|---|---|
| Trustees’ report | 3 - 6 |
| Independent examiner’s report | 7 |
| Receipts and payments accounts | 8 |
| Statement of assets and liabilities | 9 |
| Notes to the accounts | 10 - 11 |
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Llay Church of The Nazarene Report of the Board of Trustees for the year ending 30 September 2023
The Board of Trustees presents its report and financial statements for the year ending 30 September 2023.
Reference and Administrative Information
Charity name: Llay Church of The Nazarene Charity Registration Number: 1160604 Principal Address: Nant y Gaer Road, Llay, Wrexham LL12 0SG
Board of Trustees
David Gilmour (Chair) Hannah Lucas (Appointed 12[th] February 2023) Emma McCrindle (Appointed 12[th] February 2023) Patricia Jayne Sankey (Appointed 12[th] February 2023) Neil Lucas (Appointed 12[th] February 2023) Susan Capstick (Appointed 12[th] February 2023) Ms Michelle Darling (Resigned 12[th] February 2023) Mrs Catherine McIntosh (Resigned 12[th] February 2023) Mr Geoffrey Nungari (Resigned 12[th] February 2023)
The Chair is ex officio by virtue of his/her office as Pastor of Llay Church of The Nazarene.
Holding/Custodian Trustee
Church of the Nazarene British Isles South District (A Charitable Company Limited by Guarantee: Company No 7028764)
Website: www.llaycommunitychurch.com
Bankers: NatWest Bank, 33 Lord Street, Wrexham. LL11 1LS
Independent Examiner: Mr Luke Howson
Finansure Limited 2 Sheppard Street Brymbo Wrexham LL11 5FF
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Llay Church of The Nazarene Report of the Board of Trustees for the year ended 30 September 2023
Structure, Governance and management
Structure and Organisation
The charitable incorporated organisation (CIO) was set up on 23 February 2015 and is registered with the Charity Commission for England and Wales - registration number 1160604.
Trustee Appointments
The Pastor of the church is ex-officio chairperson of the Board of Charity Trustees and his/her position is reviewed after two years and then every four years after that. The remaining Trustees are elected annually by the members of Llay Church of The Nazarene at the Annual General Meeting held in January/February each year.
Governance and Wider Network
The Board of Trustees meets regularly, normally on a monthly basis to consider the work and management of the church and assess and plan the financial and other aspects of the work and direction of the charity.
The church/CIO is a member of the Church of The Nazarene British Isles South District (a Charitable Company Limited by Guarantee, Company No 7028764; Charity No 1133336) which in turn is a member of The Global Church of The Nazarene which has its headquarters in Lenexa, USA.
The CIO is governed by an approved governing constituting document drawn up by Anthony Collins, Charity Solicitors, Birmingham and approved by the Charity Commission for England and Wales and HMRC. The governing document is based on the Manual of the Global Church of The Nazarene where UK law permits.
Risk Management
The risk management strategy of the church is in a continual process of formulation in response to the changing circumstances that could impact upon the work of the church.
The Board of Trustees, in considering this important task, take direction from on-going discussions with members both internally and through meetings with the Church of The Nazarene British Isles South District and other advisers, adopting appropriate policies as required or as they become necessary to the ongoing work of the church.
Objectives and Activities
Charitable Objectives
The charity has the following objectives:
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a) The advancement of the Christian faith as part of the Global Church of The Nazarene and the Church of the Nazarene British Isles South District.
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b) To serve and enhance the local community
Public Benefit
The Trustees have had due regard to the Charity Commission guidance on public benefit reporting in deciding what activities the charity should undertake. This report illustrates the activities undertaken to support the public benefit requirement.
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Llay Church of The Nazarene Report of the Board of Trustees for the year ended 30 September 2023
Review of the Year
This has been a wonderful year in the life of our Church. We have had a highly competent and dedicated team of Trustees serving with great skill and distinction. They have empowered and released members of the Church to utilise their own gifts and graces, meaning that over half of the members of the Church are actively involved in some kind of service, amounting to the value of around £25,000 of work in and for our community.
Throughout the year we have engaged in regular events and activities designed to enhance the life of our members and neighbours. These have included, but not been limited to, a Luncheon Club for seniors, a parent and tots group, two clubs for children and a third for young people, monthly movie nights, and much more.
We have also had seasonal events and activities throughout the year. These have included family events at Easter and Harvest, a holiday Bible club in the summer, and a Christmas event in which we converted our building into the streets of first century Bethlehem, complete with live farm animals.
It has also been a year of investment in the fabric of our buildings. Successful grant applications, combined with the faithful giving of our members, has allowed us to install new televisions in our hall and youth room, new flooring throughout the building, and new toilets. All of these investments have served to make our building more efficient, more effective, and more attractive for our users.
In the coming year, we plan to continue these facilities improvements through installing a suspended ceiling, resurfacing our external areas, renovating one of our rooms into a multipurpose café space, and researching how to make our building more accessible for those with limited mobility.
We also want to invest in people through expanding our salaried leadership team in order to increase our capacity and effectiveness, as well as developing future leaders.
None of this would be possible without the faithfulness and dedication of our members, especially those who give of their time, energy, and resources to serve the Church sacrificially. They have the grateful thanks of both the Trustees and the Pastor.
Reserves
The charity has a reserves policy of keeping £10,000 to be used in the event of emergency repairs being required on the buildings. The expenditure and work of the charity is reliant upon the ongoing support, tithes and offerings of the members and friends received at the weekly meetings. The Board of Trustees reviews on a monthly basis the anticipated income and expenditure for the next two to three months in order to ensure the ongoing work of the charity.
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Llay Church of The Nazarene Report of the Board of Trustees for the year ended 30 September 2023
Financial Review of the Year
Income increased 40% on the previous year, mainly thanks to some successful grant applications, but also thanks to donations increasing.
The grants received were towards new flooring in the church hall and also towards equipment for the church. The costs of these were higher than the grants received which contributed to a deficit for the year of £7,409.
Plans for Future Periods
The Board of Trustees meets monthly to plan for the immediate and long-term future of the Church.
Declaration
The Trustees Report was approved by the Board on the 13[th] March 2024 and is signed on their behalf by:
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…………………………… ……………………………… D Gilmour (Chair) (Secretary)
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF LLAY CHURCH OF THE NAZARENE FOR THE YEAR ENDED 30 SEPTEMBER 2023
I report on the receipt and payments accounts of the charity for the year ended 30 September 2023, which are set out on pages 9 to 13.
Respective responsibilities of trustees 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 section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act;
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follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and
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state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking 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 consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
………………………………………….. L M Howson MAAT
14[th] March 2024
Finansure Ltd, 2 Sheppard Street, Brymbo, Wrexham, LL11 5FF
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Llay Church of the Nazarene
Receipts and Payments Accounts
1[st] October 2022 to 30[th] September 2023
| Income Note Donations received 1 Activities Income 2 Other Income 3 Investment Income Total Income Expenditure Charitable activities 4 Manse 5 Pastoral 6 Miscellaneous 7 Nazarene Budgets Total Expenditure Surplus/(Deficit) for the Year Balance Brought Forward Balance Carried Forward |
2023 2022 £ £ 74,420 51,323 4,978 3,103 5,072 5,702 9 - |
|---|---|
| 84,479 60,128 |
|
| 54,879 20,498 3,193 22,000 25,265 24,679 3,664 2,967 4,887 9,864 |
|
| 91,888 80,008 |
|
| (7,409) (19,880) 28,632 48,512 |
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| 21,223 28,632 |
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Llay Church of the Nazarene
Assets and liabilities as of 30[th] September 2023
| Cash Funds NatWest treasurer’s account NatWest CIO community account NatWest CIO reserve account Family Ministry Bank Account Luncheon Club Bank & Cash Total Funds Held |
2023 2022 £ £ 2,095 23,952 4,870 - 10,009 - 104 752 4,145 3,928 |
|---|---|
| 21,223 28,632 |
All interests in Real Property are held in the name of The Church of The Nazarene British Isles South District as Holding Trustees on the Model Trusts.
Assets retained for the charities own use
| PA Media & Music Equipment Kitchen & Cleaning Equipment Furniture & Fixtures Office Equipment Total |
2023 2022 £ £ 11,000 11,000 4,400 4,400 4,800 4,800 300 300 |
|---|---|
| 20,500 20,500 |
Declaration
These financial statements were approved by the trustees on 13[th] March 2024 and are signed on their behalf by:
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…………………………… ……………………………… D Gilmour (Chair) (Secretary)
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Llay Church of the Nazarene Notes to the Accounts for the Year Ended 30[th] September 2023
| Note 1 Donations received Offerings & direct giving Restricted giving Gift Aid tax income Lunch Club donations Lunch Club grants received Church grants received Other donations Total Note 2 Activities Income Lunch Club dues Lunch Club trips Events income Parent & toddler Other Total Note 3 Other Income Hall Hire Total Note 4 Activities Expenditure Luncheon Club expenses Church activities Cleaning wages Light & heat Equipment Insurance Telephone & internet Licences Maintenance + Building improvements Resources & hospitality Water & Sewerage Other expenses |
2023 2022 £ £ 39,937 33,681 2,340 - 6,529 7,753 2,533 3,290 2,038 3,781 21,020 2,400 23 418 |
|---|---|
| 74,420 51,323 |
|
| 2023 2022 £ £ 2,403 1,160 1,739 762 679 - 115 1,166 42 15 |
|
| 4,978 3,103 |
|
| 2023 2022 £ £ 5,072 5,702 |
|
| 5,072 5,702 |
|
| 2023 2022 £ £ 7,534 8,117 823 431 2,080 1,412 3,089 1,780 13,351 1,370 1,404 1,205 500 399 661 750 23,231 2,045 1,945 1,783 261 236 - 302 |
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| Total Note 5 Manse Expenditure Council Tax Maintenance/renovations Phone/Broadband Water Total Note 6 Pastoral expenditure Salaries Employer’s pension contributions Professional Development Visiting Speakers Total |
54,879 20,498 |
|---|---|
| 2023 2022 £ £ 2,186 2,078 165 19,140 396 373 446 409 |
|
| 3,193 22,000 |
|
| 2023 2022 £ £ 22,521 22,620 1,932 1,144 562 480 250 435 |
|
| 25,265 24,679 |
| Note 7 Miscellaneous Expenditure Accountancy fees Professional fees Gifts to other charities Gifts to individuals Other Total |
2023 2022 £ £ 1,962 1,830 105 215 1,500 862 50 - 47 60 |
|---|---|
| 3,664 2,967 |
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