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2022-09-30-accounts

Bolton Brownlow Fold Church of the Nazarene Charity Registration Number: 1161166 Board of Trustees’ Report And Financial Statements For the Year Ended 30 September 2022

Table of Contents

Page 3 – Report of the Board of Trustees

Page 3 – Public Benefit

Page 3 – Reference and Administrative Information

Page 3 – Board of Trustees

Page 3 – Holding/Custodian Trustees

Page 3 – Bankers

Page 3 – Independent Examiner

Page 4 – Structure and Organisation

Page 4 – Trustee Appointments

Page 4 – Governance and Wider Network

Page 4 – Risk Management

Page 5 – Objectives and Activities

Page 5 – Charitable Objectives

Page 5 – Review of the Period

Page 5 – Volunteers

Page 6 – Financial Review

Page 6 – Reserves

Page 6 – Financial Review of the Year

Page 6 – Plans for future periods

Page 7 – Trustees Declaration

Page 8-9 – Independent Examiners Report

Page 10 – Financial Report

Page 10 – Income

Page 10 – Expenditure

Page 11 – Assets

Page 11 – Notes to assets and liabilities

Page 12-13 – Notes to the accounts

Report of the Board of Trustees

The board of trustees presents its report and financial statements for the year ended 30 September 2022 which have been prepared in accordance with the requirements of the Charities Act 2011 and the statement of recommended practice applicable to charities preparing their account in accordance with The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)

Public Benefit

The Trustees have had true 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.

Reference and Administrative Information

Charity Name: Bolton Brownlow Fold Church of the Nazarene

Charity Registration Number: 1161166

Principal Address: Yarrow Place, Halliwell, Bolton, BL1 3UR

Board of Trustees

Revd Jeremy Smith – Chairperson – (appointed 11 October 2017)

Mrs. Beth Ford – Secretary – (appointed 12 March 2022)

Mrs. Pamela Clarke – Trustee (appointed 12 March 2022)

Holding/Custodian Trustee

Church of the Nazarene British Isles South District (a Charitable Company Limited by Guarantee: Company No 7028764 and Charity Number 1133336) of 112 Cranbourne Road, Ashton-Under-Lyne, Lancashire, OL7 9BW, acts as custodian trustee of the property owned by Bolton Brownlow Fold Church of the Nazarene.

Bankers

Lloyds Bank, PO Box 1000, Andover, BX1 1LT

Independent Examiner

Mr Joseph Prescott

18 Bennett Street, Rotherham, South Yorkshire, S61 2JY

Report of the Board of Trustees

The board of the Trustees present the following report for the year ended 30 September 2022.

Structure and Organisation

The charitable organisation was set up on 1[st] May 1956 with excepted charitable status under a model trust deed dated 16 February 1953. The excepted status has now been revoked and the previous charity transferred to a charitable incorporated organisation (CIO) set up on 2 April 2015 with registration number 1161166.

Trustee Appointments

The pastor of the church is the chairperson of the board of Charity Trustees, and his position is reviewed after two years of their first appointment, and then every four years after that. Bolton Brownlow Fold Church of the Nazarene appointed Rev. Jeremy Smith on 11 October 2017.

The remaining Trustees are elected when needed by the members of the Bolton Brownlow Fold Church of the Nazarene at the Annual General Meeting held around February each year to take up post on the Sunday following the British Isles South District Church of the Nazarene Annual General Meeting held around March 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 churches within the Church of the Nazarene British Isles South District (a Charitable Company Limited by Guarantee, Company No 7028764; Charity Number 1133336), which in turn is a member of The Global Church of the Nazarene which has its headquarters at Church of the Nazarene, Global Ministry Centre, 17001 Prairie Star Parkway, Lenexa, Kansas, USA, 662.

The CIO is governed by an approved governing constituting document drawn up by Anthony Collins, Charity Solicitors, Brimingham, and approved by the Charity Commission for England & Wales and HM Revenue & Customs. 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 the Trustees, in considering this important task, take direction from ongoing discussions with members both internally and through meetings with the Church of the Nazarene British Isles South District and other advisors, 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:

Review of the Period

Volunteers

The work planned, activities undertaken, and achievements attained would not have been possible without the active involvement and hard work of all the members and friends of the charity without whom the substantial work of the charity could not be realised. The Board of Trustees is grateful for the work and support of all the members and friends of Bolton Brownlow Fold Church of the Nazarene.

Financial Review

Reserves

The charity does not have a policy on reserves as 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.

Due to the income of the charity the financial statements prepared are a statement of receipts and expenses, according to the cash accounting basis, and a statement of assets and liabilities.

Financial Review of the Year

The charity has continued throughout the period to meet and tailor the expenditure it incurs to the income received.

Plans for Future Periods

The board of trustees meets on a monthly basis to plan and look to the future of the charity. Aims for the next year are:

Declaration The trustees declare that they have approved the Trustees, report above. Signed on behalf of the charity's trustees on 2710712024 Revd Jeremy Smith Chairman Mrs Beth Ford Secretary

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

----- Start of picture text -----
Report to the Charity Name
trustees
Bolton Brownlow Fold Church of the Nazarene
Sep 2022 Charity 1161166
On accounts for the
no (if
year ended
any)
Set out on pages 10-13
(remember to include the page numbers of additional sheets)
----- End of picture text -----

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30 / 09 / 2022.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

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:

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.

Date: 26 / 07 / 2024 Signed: Name: Joseph Prescott Relevant professional qualification(s) or body (if any): Address: 18 Bennett Street, Rotherham, South Yorkshire, S61 2JY

Bolton Brownlow Fold Church of the Nazarene (Registered Charity Number 1161166) Income and Expenditure for the Year Ended 30 September 2022

Income Income
ACTS 435 In
Gift Aid
Hall Rentals
Manse Rent
Oferings
One-Of
Donation
Sales Income
Tithe
£2,850
£2,841
£2,067
£1,963
£5,760
£6,209
£1,085
£6,065
Total £28,83
9
Expenditure Expenditure
ACTS 435 Out
BISD Budget
Building Costs
Consumables
Equipment
Gifts
Legal Costs
Pastor Costs
Subscriptions
Training
Travel
Vehicle Costs
-£2,400
-£1,430
-£4,941
-£2,747
-£1,701
-£1,364
-£3,109
-£8,491
-£856
-£545
-£522
-£703
Total -
£28,81
0
Total
Total Income
Total
Expenditure
£28,839
-£28,810
Grand Total £29

Assets

Cash Funds Cash Funds
Café Account
Main Account
Childrens Account
Youth Account
Missions Account
Reserves
£2,678
£2,054
£93
£379
£545
£9,982
Cash Total £15,7
31
Investment Properties Investment Properties
68Ashworth Lane £68,27
8
Investment Total £68,2
78
Total Assets
Cash Total
Investment Total
£15,73
1
£68,27
8

£84,0 Asset Total 09

NOTES:

The church also owns the church buildings, fixtures, fittings and other contents situated at 1 Yarrow Place, Bolton, for which the original cost details are not available.

There are no liabilities at current.

Notes to the accounts for the year ended 30 September 2022

Income

Income
1. One-Of 62
Donation 09
District Grants 240
Government 100
Grant 0
400
Grant 0
One-Of
Donation 969
2. Sales 10
Income 85
Bank Interest 1
108
Sales Income 4
Expenditure
-
3. Building 494
Costs 1
Building Repair -67
Manse Insurance -233
Manse Repair -118
-
Utilities 4523
-
4. 274
Consumables 7
-
Food for RIFG 1810
Sunday Food &
Drink -927
Youth
Consumables -10
-
170
5. Equipment 1
Children's Songs -25
Christian Book -66
Christmas Tree -78
Church
Decorations -47
Craft Resources -25
Equipment -207
RIFG Equipment -903
Sign for RIFG -350
-
136
6. Gifts 4
Christmas Gifts -31
Food for Mission
Team -50
Food for
Speakers -43
Food Parcel -35
Ladies Retreat -555
Love Ofering -610
Preaching Gift -40
-
310
7. Legal Costs 9
DBS Costs -70
-
Insurance 3017
Other Costs -22
-
849
8. Pastor Costs 1
Pastor Expenses -500
-
Pastor Salary 7991
9. Training -545
Counselling
Training -150
Food Hygiene
Training -180
NTC Summer
School -55
Pastor Summer
School -110
Training -
Susanna -50
10. Vehicle -703

Costs Petrol Vehicle Repair -275 -428