CHELMSFORD PRESBYTERIAN CHURCH
Trustees’ Annual Report
for the Period
From 01/04/2023 To 31/03/2024
Section A Reference and administration details
Charity name Chelmsford Presbyterian Church
Other names charity is known by CPC
Registered charity number (if any) 1160844
Charity’s principal address 124 New London Road
| 124 New London Road | 124 New London Road |
|---|---|
| Chelmsford | |
| Essex | |
| Postcode | CM2 0RG |
Names of the charity trustees who manage the charity
| 1 2 3 |
Trustee name | Office (if any) | Dates acted if not for wholeyear |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| David Ferguson | Chairman | |||
| Darren Moore | ||||
| David Thomas |
Names of the trustees for the charity, if any, (for example, any custodian trustees)
| Name | Dates acted if not for wholeyear |
|---|---|
| None |
Names and addresses of advisers (Optional information)
| 1 2 |
Type of adviser | Name | Address |
|---|---|---|---|
| Bank | CAF Bank Ltd | 25 Kings Hill Avenue, Kings Hill, West Malling, Kent,ME19 4JQ |
|
| Legal and Financial | Stewardship | 1 Lamb’s Passage,London,EC1Y 8AB |
Name of chief executive or names of senior staff members (Optional information)
None
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Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document Constitution dated 26 February 2015. (e.g. trust deed, constitution) How the charity is constituted As a Charitable Incorporated Organisation (CIO). (e.g. trust, association, company) Trustee selection methods Trustees are appointed by the existing trustees from among the elected (e.g. appointed by, elected by) officers of the church (i.e. its elders and deacons).
- (e.g. trust, association, company)
Additional governance issues (Optional information)
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You may choose to include A Safeguarding and Child Protection Policy is in place. The expertise of the additional information, where “Thirtyone:eight” organisation is used to liaise with the Disclosure and relevant, about: Barring Service, in order to carry out the necessary checks prior to the • policies and procedures commencement of trusteeship or participation of any individual in church adopted for the induction youth work. and training of trustees;
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• the charity’s organisational The church is a congregation belonging to the Evangelical Presbyterian structure and any wider Church in England and Wales (EPCEW). As such it shares the same vision network with which the as 17 other congregations within the Presbytery, and through the Presbytery, charity works; with other like-minded churches throughout the world (EPCEW is a
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• relationship with any related member of the International Conference of Reformed Churches). parties;
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• trustees’ consideration of major risks and the system and procedures to manage them.
Section C
Objectives and activities
| Section C | Objectives and activities |
|---|---|
| Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) |
• To advance the Christian faith in accordance with the Creed applicable to the Church Fellowship in Chelmsford and in such other parts of the United Kingdom or the world as the charity trustees may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the CIO. • To relieve persons who are in conditions of need or hardship and to relieve the distress caused thereby in the said location and in such other parts of the United Kingdom or the world as the charity trustees may from time to time think fit. |
| Holding public worship services on a Sunday and other meetings throughout the week to promote the spiritual growth of those in attendance. Supporting missionary activities through prayer and financial aid, and giving similar support to individuals who find themselves in need. The trustees have had regard to the Charity Commission’s guidance on public benefit. In doing so, we can confirm that the church’s activities wholly comply with this guidance. In particular, this is evidenced by the way we have sought to advance the Christian faith through outreach and teaching ministries to as many members of the public, both at home and abroad, as we are able to reach. This year, our donations to the work of Pamoja supporting the needy in Africa, as well as our participation in Blythswood Care’s annual Christmas shoebox appeal, exemplify our desire to relieve hardship, to the extent that we as a small congregation are able to do so. |
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Additional details of objectives and activities (Optional information)
You may choose to include Regarding the church’s grant-making policy, the trustees decide on a casefurther statements, where by-case basis whether or not to award a grant, as requests or known relevant, about: situations arise. Grants are only awarded in light of the church’s charitable • policy on grant-making; objectives, with an appropriate level of due diligence having taken place • policy programme related with regard to any potential beneficiary.
- policy programme related investment;
• contribution made by Regarding volunteer contributions, since the church only employs one fullvolunteers. time person, the work of every member of the church, aided by the power of the Holy Spirit, makes a significant difference in its ability to achieve the above objectives. The financial resources of the church, to a very large extent, are also given by the members, and much work is done privately, without recognition, and the hours and value of that time cannot be quantified.
Section D Achievements and performance
Summary of the main achievements of the charity during the year
During this year the main ways in which the church has sought to fulfil the calling of Christ upon it have been as follows:
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Preaching and teaching the whole counsel of God. This was primarily achieved through the regular teaching of the church on Sunday, through midweek prayer and Bible study meetings, and through men’s and ladies’ fellowship meetings.
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Sharing the good news about the love of Christ through running occasional Christianity Explored courses, as well as hosting special evangelistic events where the gospel is clearly proclaimed.
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Showing practical care in the community through running a weekly coffee morning.
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Seeking to impact the emerging generation through weekly Sunday School meetings, and through monthly young adult teaching and fellowship meetings.
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Providing financial, practical and prayer support to individuals and organisations seeking to advance the gospel of Christ. The church supported individuals working in Europe, the Middle East and Far East, as well as organisations conducting gospel outreach in UK prisons (Daylight Christian Prison Trust and London City Mission). We also helped Christian organisations providing care for the poor and disadvantaged in Eastern Europe (Blythswood Care) and Africa (Pamoja).
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Section E Financial review
Brief statement of the charity’s The trustees have determined that the church should aim to hold policy on reserves unrestricted reserves of no less than £29,000 (which equates to about 6 months of unrestricted expenditure) so that the church can continue to operate should income and/or expenditure vary adversely. At the year end, the church held unrestricted reserves of £110,091 and the church is therefore complying with its reserves policy. Of this amount, £70,000 has been designated as part of the church’s Building Fund.
At the end of the year the church also held £13,833 in restricted reserves. Most of the restricted reserves are held in the Deacons’ Fund, which allows emergency aid to be provided for those suffering acute hardship.
Due to possible one-off expenditures related to the purchase of a church building, the budget for the 2024/25 financial year shows that an increase of around £8,500 in General Income would be required in order to balance the budget. However, due to existing reserves, no issues are envisaged regarding the church as a going concern.
Details of any funds materially in deficit
None.
Further financial review details (Optional information)
You may choose to include As far as Income is concerned, over 95% of funds were received through additional information, where the freewill giving of members and adherents to the church. relevant about:
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the charity’s principal Income to the restricted funds amounted to around 12% of total income. sources of funds (including This was made up of gifts and interest for the Deacons’ Fund, Building any fundraising); Fund, Copper Coin Collection and Special Offerings.
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how expenditure has supported the key objectives Around 89% of gifts received from individuals was given in a tax-efficient of the charity; manner (only the amount of tax reclaimed directly by the church is shown
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• investment policy and in the figures on page 8, which excludes tax reclaimed at source by thirdobjectives including any party organisations such as Stewardship, Charities Aid Foundation and ethical investment policy Charities Trust). adopted.
As far as Expenditure is concerned, around 54% of outgoings during the year were related to the cost of employing and reimbursing the necessary expenses of our Minister.
Around 16% of expenditure was associated with Property costs, which included the provision of accommodation for our Minister and the rental of church premises.
The above amounts form a significant portion of church expenditure as a whole, however the value of having our own Minister to lead the congregation in its spiritual growth, and thus enabling the church to fulfil its objectives, far outweighs the financial cost of his employment and housing.
Of the remaining expenditure, the most significant portion was the 19% donated to individuals and organisations, part of which included those working in the mission field at home and abroad. This expenditure helped with gospel outreach or supported those in need. Where possible, the church aims to donate at least 10% of its income towards missionary support, and this was achieved again last year (over 15% of our income was given to those engaged in mission work).
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Section F Other optional information
A total of £4,394 was paid to trustees or their close family members, as reimbursement for expenses incurred on behalf of the church.
The above amount excludes additional payments made to Darren Moore, a trustee who is also employed as the Minister of the church. His salary, pension, insurance, and telephone contributions amounted to £37,700.
Section G
Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees:
Full name David Richard Ferguson Position (e.g Secretary, Chair, etc.)[ Chairman ]
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Independent examiner’s report on the accounts
Section A Independent Examiner’s Report
Report to the trustees / members of[Chelmsford Presbyterian Church ]
On accounts for the Charity no year ended[31/03/2024 ] (if any)[1160844 ]
Set out on pages ~~[T~~ 8 to 12
Responsibilities and I report to the trustees on my examination of the accounts of the above charity basis of report (“the Charity”) for the year ended 31/03/2024.
As the trustees of the Charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the 2011 Act”).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent I have completed my examination. I confirm that no material matters have come examiner’s statement to my attention in connection with the examination which gives me cause to believe that in any material respect:
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accounting records were not kept in accordance with section 130 of the 2011 Act; or
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the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: Archie McDowall Date: Dec 18 2024 Archie McDowall (Dec 18, 2024 11:16 GMT) ,
Name: Archie McDowall ~~[eT~~
Relevant professional BA CA qualification(s) or body (if any):
Address: Stewardship 1 Lamb’s Passage London EC1Y 8AB
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Section B
Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose.
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CHELMSFORD PRESBYTERIAN CHURCH
Receipts and Payments Account
for the year ending 31/03/2024
| General Designated Funds Funds Notes £ £ Incoming Resources Charitable income Grants and gifts received 68,147 - Tax refunds under Gift Aid 10,602 - 78,749 - Other income Interest receivable 655 - Loan repayments - - Other 1,037 - Total Incoming Resources 80,441 - Resources Expended Charitable expenditure in furtherance of the church’s objective Direct costs 2 58,514 - Grants and loans payable 3 8,250 - Total Resources Expended 66,764 - Net Incoming/(Outgoing ) Resources before transfers 13,677 - Transfers between funds 6 (10,000) 10,000 Net Movement in Funds 3,677 10,000 Starting Balances 36,414 60,000 Ending Balances 40,091 70,000 Unrestricted Funds |
Restricted Funds £ 6,581 1,768 8,349 2,252 30 - 10,631 - 5,800 5,800 4,831 - 4,831 9,002 13,833 |
Total Total 2023/24 2022/23 £ £ 74,728 75,881 12,370 11,017 87,098 86,898 2,907 448 30 55 1,037 2,002 91,072 89,402 58,514 65,041 14,050 14,225 72,564 79,265 18,507 10,137 - - 18,507 10,137 105,416 95,279 123,924 105,416 |
|---|---|---|
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CHELMSFORD PRESBYTERIAN CHURCH
Statement of Assets and Liabilities
for the year ending 31/03/2024
| Notes A Cash funds Cash at bank with immediate access Notice deposits Total B Other monetary assets Gift aid due to charity Other debtors Total C Liabilities Falling due within one year Trade creditors Fee for Independent Examination Falling due after one year: Total D Assets retained for charity's own use Land and buildings (church manse) Equipment Total |
General Designated Funds Funds £ £ 40,091 - - 70,000 40,091 70,000 2,792 - - - 2,792 - 1,197 - 1,000 - 2,197 - - - 2,197 - Unrestricted Funds |
Restricted Funds £ 9,496 4,337 13,833 122 765 887 - - - - - |
Total Total 2023/24 2022/23 £ £ 49,587 43,566 74,337 61,850 123,924 105,416 2,914 3,884 765 795 3,679 4,679 1,197 - 1,000 - 2,197 - - - 2,197 - Current Value £ 497,602 3,061 500,663 |
|---|---|---|---|
Current values have been estimated by the trustees.
The Estimated Market Value of the manse is based on the purchase price and building society projections.
E Guarantees and secured debts
No guarantees have been made, which result in an outstanding potential liability as at the year-end date.
There are no outstanding debts at the date of the statement of assets and liabilities, which are owed and which are secured by an express charge on any of the assets of the CIO.
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The accounts were approved by the trustees and signed on their behalf by:
Signature David Ferguson David Ferguson (Dec 5, 2024 16:10 GMT)
Full name David Richard Ferguson Date Dec 5 2024 ,
The notes on pages 11 and 12 form part of these accounts.
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CHELMSFORD PRESBYTERIAN CHURCH
Notes to the Accounts
for the year ending 31/03/2024
1. Accounting Policies
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
| Direct costs General Designated Funds Funds £ £ Employment costs (Note 4) 38,072 - Property costs (Note 5) 10,538 - Insurance 1,370 - Support services 2,318 - Outreach activities 1,255 - Work among the young 464 - Equipment maintenance 118 - Equipment purchase 121 - Management & administration 4,159 - Other costs 100 - 58,514 - Grants and Discretionary Payments Grants - Individuals 2,000 - Grants - Institutions 6,250 - 8,250 - The grants to institutions amounting to £1,000 or more during the year PAMOJA (supporting schools & orphanages in Kenya) Operation Mobilisation (supporting worldwide missions) LCM (supporting outreach work in London) Daylight Christian Prison Trust (outreach to prisoners in the UK) World Outreach (supporting worldwide missions) Unrestricted Funds |
Restricted Funds £ - - - - - - - - - - - 3,200 2,600 5,800 were: |
Total Total 2023/24 2022/23 £ £ 38,072 35,707 10,538 13,793 1,370 1,192 2,318 2,618 1,255 1,317 464 2,187 118 - 121 - 4,159 8,156 100 72 58,514 65,041 5,200 5,552 8,850 8,673 14,050 14,225 3,100 2,000 1,500 1,000 1,000 |
|---|---|---|
2. Direct costs
3. Grants and Discretionary Payments
4. Employees
The church has one employee, Rev Darren Moore, to whom the employment costs above refer, a trustee who, as authorised in the church's constitution, and in his capacity as minister of the church, received a salary of £33,345 during this financial year.
cont…
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5. Property costs
| Rent Council tax & water rates Maintenance 6. Movement of Funds General Funds Designated Funds Building Fund Restricted Funds Deacons’ Funds Building Fund *Special Offerings Copper Coin Collection Total Funds |
Balance at 31/03/23 36,414 60,000 60,000 7,640 1,850 (488) - 9,002 105,416 |
Incoming Resources 80,441 - - 3,971 2,487 4,139 34 10,631 91,072 |
Resources Expended (66,764) - - (2,115) - (3,651) (34) (5,800) (72,564) |
Total Total 2023/24 2022/23 £ £ 6,770 3,640 3,044 2,975 723 7,178 10,538 13,793 Transfers Balance at 31/03/24 (10,000) 40,091 10,000 70,000 10,000 70,000 - 9,496 - 4,337 - - - - - 13,833 - 123,924 |
|---|---|---|---|---|
*The small negative balance from the previous year was due to Gift Aid not received until the current year.
Designated/Restricted Fund Purposes: Copper Coin Collection - Given to PAMOJA, supporting schools & orphanages in Kenya Building Fund - Purchase/maintenance of church property Deacons’ Funds - Providing relief of hardship or suffering Special Offerings - One-off restricted collections, e.g. for mission partners
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