Brfxham Community Church Unaudited Flnanclal Statements Year to 31 December 2023 Company Registratlon Number 09660899 Charity RegiStratSon Number 1163200
Brixham Community Church Financial Statements Year to 31 December 2023 Contents Page Trustees, Report Independent Examinerfs Report Slalemenl of Financial Activities Balance Sheet Notes to the Financial Statements
Brixham Community Church Trustees, Report Year to 31 Dember 2023 The trustees. are also the directors for the purposes of company law present tr¢eir report and the unaudited financial statements of the charitable company for the year lo 31 Decembef 2023. Roforencg and admIn1$traYè d•tall8 Principal address and reg151ered office 3 Hill Park Close Brixham Devon TQ5 9EX Bankers HSBC Bank PIC Accountsnls and independent examiner Martin Hobbs Bsc ACA Francis Clark LLP Chartered Accountants Sigma House, Oak View Close Torquay TQ2 7FF Trustees during the period Verity Hyde Paul Black Jonathan Petts (resigned 31 December 20231 Mark Geodyear (appointed 21 June 20231 Jennrfer Ward18ppoinled 21 June 20231 Ri¢hard Ward lappoinled 21 June 20231
Brixham Community Church Trustees, Report continued Year to 31 December 2023 sta8 The charitable company is limited by guarantee, having no share capital. Under the provisions of Section 60 ofthe Companies Act 2006, the company Is entided to omit the word"Limited" from ils narne. The governing document of the charitable company is 118 Memorandum and Articles ofAssocialion. Objects and Activities of the Charity The objects of the church are for the benefit of the public.. Al lo advance the Christian faith in accordance w(th the statement in such ways and in such parts of the United Kingdom or the world as the Church Council from time to time may think fit., Bl lo relieve $i¢kness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counselling and support in such parts of the United Kingdom or the worfd a5 the Church Council from time lo time may think fil., arid ci to advance education in such ways and in such parts of the United Kingdom or the worfd as the Church Council from lime lo lime may think fil. Sunda Meelin Sunday meetings have continued wilh the church hiring the Spark Sttjdio on Melherell Avenue, Brixham. Attendance continues to be on average 45 attendees. Some incorne from offerings is now gathered al our in-person meetings, bul most give through direct banking. Meetings continue to be simplified, wtri children's work operating mostly on a crèche-lype basis with children attending a smaller room in the venue with their parenlslcarers. Some members still choose lo watch from home via social media. Team Le der In July 2023 the church's Team Leader (Minister) look a month off work on stress leave on the advice of his GP. Church activities were delegated amongst the two church elders and the trustees. This led to the trustees offering the Team Leader a sabbatical 8cross September, October and November. Ouring this lime the trustee5 enabled the Team Leader to access support through visiting a Christian counselling centre and having a session of prayer counseling. Al the end of the $8bbalical the Team Leader expressed his (jes1 to resign from his posrtion and his resignabon was accepted by the trustees. ounsellin Durin9 2023 there have been several requests from both within the church and from outside of the church for access lo ¢oiJnselling. The trustees were able to agree funding lo enable counselling lo be accessed from an appropriate outside organisalion. mall Grou Several small group5 have been meeting weekly or fortnighuy in people's homes to read the Bible, pray and share fellowship. Thi5 has strengthened relationships. provided support for daily needs and helped people lo grow In their faith. Small group leaders have mel with members of the leadership team several limes through the year for pastoral support and to pray lor the different needs of the groups. Preachin BCC benefits from a number of gifted speakers. Vlhile the Team Leader (Minister) continued lo preach more messages than any other individual, members have benefited from the variety offered by different styles and personalities of around hall a dozen preachers.
Brixham Community Church Trustees, Report continued Year lo 31 December 2023 cial Activi Everyone al BCC is encouraged to engage in a wide and varied social calendar that helps build friendship and a caring and supportive community. In Augus12023 and December 2023 the Sunday services were planned and led by the various small groups. Church mernbers were also encouraged to plan and attend social gatherings during the summer. Church members were encouraged lo invite friends, family and neighbours to these events. On Christmas Eve the church Sunday service had a church lunch together and members of the church mel on the moming of New Years Eve at the Bery Head Hotel for food and fellowship. There were also opportunities for the men of BCC to meet including a men's BBQ and a breakfast al a local cate. mmuni En ement Because of the faith they share, many members of the church have involved themselves in other charitable events. This has been encouraged by the leadership of the church who champion those who reach out lo the local community. Some examples include the Haven, Torbay, who work with the homeless, Torbay Winter Night Shelter. YES 8rixham. and the Front Room Café. The emphasis on ¢hurch members engaging with their neighbourg has continued as wf(h previous years. Workin r church Two Iruslees have regularfy mel with leaders from the Baplisl, Melhodisl and Anglican Churches for prayer. fellowship and idea sharing. During street evangelism members of BCC have joined with others from churches in Torbay to $ing, speak with people, pray as requested and share the Gospel message. Members ol BCC have also been attending an early morning prayer meeting, which meets al different churches across South Devon each week. This has led to many friendships with other Christians across Torbay. The Work of Torbay Unf(ed encouraged BCC members to join in prayer for people across Torbay during the month of December and lo attend a cros5-church event celebrating Christmas with guest 5peak8r J John. as Missions A number ofmemb&rs 5UPPOrt children in developing counlrios through the charity, Compassion. A children's home in Kenya and a church in India receive regular financial support. Other charities le.g. Brixham food bank. World Of Worth www.wowuk.orgl were supported because they loo have congruent aims and objecb'ves, thus allowing 8CC's impact lo widen. BCC has also supported True Hope Ukraine, 8 charity for orphan children to break the cycle of abandonment and support them at each stage of their life. They have also been providing relief lo people who have had lo flee their homes because of the war in Ukraine. In August 2023 il was agreed by the Iruslees and church membership to fund a child survival unit in Rwanda through the charity Compassion. Achlgv¢mènts and perfornianco The above sections illustrate the difference BCC makes lo 8rixham and beyond. By encouraging social connection, people have continued to support each other in friendships meeting outside of church organised events. People have been able to not only find fellowship bul an opportunity to discuss life questions and hear different opinions. Sunday meetings remain the main focus of the church activity where everyone comes together. Here both the music and the message build an atmosphere of faith and hope. Frorn all these benefits, the ripple effects go out as those encouraged in the faith Contribute in the community. hèlping those who do not belong lo the church. whether they are a homeless person or someone needing a listening ear. BCC'S support of overseas missions has widened the church's impact and al50 raised awareness of a wider wodd and provided perspe¢tSve to members. The Trustees have had due regard lo the Chafity Commission's guidance on public beneff( in deciding which aclivf(iey the Charity should undertake.
Brixham Community Church Trustees, Report continued Year lo 31 December 2023 Structurol govarnance and managèment The company was incorporated 25 June 2015 and was domiant until 1 Jan 2020 when all the assets ol the Old Charity were transferred lo the Charitable company. Trustees are appointed to the board by recommendation of the Church Counal and mutual agreement ol the existing trustees. Financial roviow The charity has remained financially viable during 2023 through the gNing of its regular supporters and the careful managing ol resources. During the year ended 31 December 2023 the charity recorded total income of £60,216 and expenditure of £67,776 resultin9 in nel expenditure of £7.550 resulting in the charity's balance sheet shows a total credit in fund5 of £946,051 as al 31 December 2023. Reserve$ The ¢harily has a total savings 81 the end of December 2023 of £413,397, of which the trustees have instructed the taSUrer lo relain a modest level of reserves1£15,8701 as a contingency fund against future demands on the charity's resources Ibased on three month's running coslsl. A subslanlial amount ol the remaining figure is planned lo be ulilised for a future building proje¢l. as well as meeting the ongoing objects and activities of the charity. Statement of Trustees. Rgsponsibilities The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Stsndard5 (United Kingdom Generally Accepted Accounting Praclicel. The law applicable lo charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the charity and of the incoming resources and application of resources ol the charty for that period. In preparing these financial stalemenls, the trustees are required lo.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP.. rnake judgments and estimates that are reasonable and prudent., slate whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financial stalemenls., and prepare the financial statements on the going concern basis unless it 15 inappropriate to presume that the Charity will continue in business. The IrLJStees a responsible for keeping proper accounting records that disclose with reasonable accuracy al any time the financial position of the charity and enable them lo ensure that the financial statements ¢Dmply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible lor safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small Company Provisions This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
Brixham Community Church Truslees, Report conts"nuÈd Year to 31 December 2023 Signed on behalf of the Tnjstees Paul Black Trustee Date.. lo"Q z k/É(la 1o2W
Brixham Community Church Independenl Examinerfs Report to the Trustees Year to 31 December 2023 I report to the charity trustees on my examination of the accounts of the charitable company for the year lo 31 December 2023 Respon5ibilitios and basls of roport As the charrtable company's tTuslees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance wth the requirements of the Companies Act 20061.ihe 2006 Act"). Having satiSfd myself that the accounts of the charrtable company are not required lo be audited under Part 16 of the 2008 Act and are eligible fof independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Chanlies Act 2011 I'lhe 2011 Act'l. In carrying oJt my examination I have followed the Directions given by the Charity Commission under section 145{51 {bl of the 2011 Act. Independfrnt examingr's statsment I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by secbon 386 of the 2006 Act., or 2. the 8¢coun15 do not accord with those records., or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requiiemenl that the accounts give a 'lwe and fair view, which ig not a matter considered as part of an indepenllenl examination", or 4. the accounts have not been prepared in accordance wth the methods and principles of the Stalemert of Recommended Practice for accounting and reporting by charities applicable lo charities preparing their accounts in ac¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102}. I have no concerns and have come a¢ross no other matters in connection with the examination to which attention should be drawn in thi5 report in order lo enable a proper underst8nding of the a¢¢ounls to b& reached. Martln Hobbs BSC ACA Francis Clark LLP Chartered Accountants Sigrna House Oak View Close Edginswell Park Torquay T02 7FF Dale..
Brixham Community Church Statement of Financial Activities (incorporating an Income and Expenditure Account} Year to 31 December 2023 Unrestrlctsd Rgstrictod Funds Funds Totsl Unrestricted Ro$tricted 2023 Funds Fund$ Total 2022 Income from: Collections Gift Aid nleresl Donations and legacies 38,905 ,121 9.690 3.500 42,405 8,121 9,690 44,422 7,186 567 333,612 44,422 7,186 567 333,612 Total 56,716 3.500 60,216 385,787 385,787 Expenditure on: Church activities 23,499 Wages and salaries 40.963 Administrative expenses 3,388 Bank charges and loan interest 17.9581 Other expenses 2.499 5,375 28,874 40.963 3.388 17,9581 2.499 12,103 37,343 3,098 148 3,704 12.103 37.343 3.098 148 3,704 Total 62,391 5,375 67.766 56.396 56,396 Not loxpgndlturey Incom8 15.6751 11,8751 {7.5501 329,391 329,391 Transfers 11,875} 1,875 Total funds broL*ght forward 953,601 953,601 624,210 624,210 Total funds caffied forward 946,051 946,051 953,601 953,601 All of the above results are derived from continuing aclivilies. All gains and losses recognised in the year are included above.
Brixham Community Church Balance Sheet 31 December 2023 Notss 31 Decembèr 2023 31 December 2022 Fixed Assets Tangible assets 508,401 508,401 Current assets Debtors Cash al bank and in hand 492 441,917 457,041 442,409 457,041 LiabilltI9$ Cred((ors falling due wrf(hin one year 14.7591 111,841} Net Currant Assots 437.650 445,200 Totsl assèts less current liabilitios 946,051 953,601 Unrestricted funds 946,051 953,601 Total funds 946,051 953,601 The directors are satisfied that the company is entitled lo exemption from the provisions of the Companies Act 2006 (the A¢ll relating lo the auclil of the financial statements for the year by virtue of section 477. and that no member or members have requested an audit pursuant lo section 476 of the Act. The directors acknowledge their responsibilities for.. lil ensuring that the company keeps adequate accounting records which comply with section 386 of the A¢1, and lill preparing financial statements which give a true and fair view of the stsle of affairs of the company as al the end of the financial year and of ils profil or loss for the fi'nancial year in a¢¢ordance with the requirements of Sections 394 and 395, and which otherwise comply with the requirements of the Act relating to financial slalements, so far as is applicable lo the company. These financial statements have been prepared in accordance wlh the special provisions for small companies under Part 15 of the Companies Act. These financial statements were approved and signed by the trustees and aulh0ri5ed for issue , 20.-..U.q.-..aoW.F. ., and a signed on their behalfby.. Paul Black Director Company Registration Number.. 09660899
Brixham Communlty Church Notes to the Financial Statements Year to 31 December 2023 Gola1 informatlon The charity is a company limited by guarantee and has no share capital. In the event of a winding-up, the liability of the members is limi(ed to £1 each. The Charity is incorporated in England and Wales. The address of ts reglstered office is.. 3 Hill Park Close. Brixham, England, TQ5 9EX. A¢¢ounting Policias Bas18 of accounting The principal accounting polieS adopt, jltdgemenls and key sources of eslimabon uncertainty in the pparatiOn of the financial stslements are as follows.. al Basi$ of proparatlon of financlal statements and assessment of golng ¢on¢grn The financtal statements have been prepared under the historical co81 convention and in accordance with Accounting and Reporting by Charilie5.' Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191- ICharili&g SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Brixham Community Church meets the defin'on of a public benefrt entity under FRS 102. Assets anil liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. The functional and presenlalional rrencY of these financial $tstements is slerting. The Iruslees consider that there are no material uncertainties about the Charity's ability to continue as a goin9 concern. bl Incomè Income is recognised when the charity has entitlement to funds, any performance conditions attached to the items of income have been mel, it is probable that the income will be received and the amount can be measured reliably. Capital grants receivable are credited to the SOFA as they become receivable and are treated as restricted funds. The depreciation on the assets lo whlch the grants relate is charged against these funds. Income is the amount derived from the provision of services and slated after discoun15, Other sales taxes and nel of val. cl Fund accountlng Unrestricted funds a funds available for use at the discretion of the trustees in fvrtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted fundy are funds received which are to be used in accordance wlh speafi¢ restrictions imposed by donors or which have been raised by the charty for particular purposes. dl Expendltur Expenditure 18 recognised once there is a legal or ¢on$lructive obligation committing the charity to th8t expendrture. rf( is probable that Settlement will be required and the amount of the obligation can be measured reliably. Expenditure includes irrecoverable VAT.
Brlxham Community Church Notes to the Financial Statements Year to 31 December 2023 Accounting Poll¢les (continued) e) Flxed Assets Fumrture and equipment in the church premises was transferred from the old charity to the Charitable company on 1 January 2020 at their nel book value al that date. Subsequent additions are included al cost. Depr•clation Depreciation has not been charged on the church premises. See 'criti¢al estimates. below for further detsils. fj Flnanclal Instrumonts Financial instruments are classifEd and accounted for, according to the substance ol the contractual arrangement, as financial assets, financial liabilities or equity inslrumenls. An equity instrument is any ¢onlracl that evidences 8 residual interest in the assets of the company after deducting all of ils liabilities. The company holds the following financial instruments, all of which 8re considered to be basic.. Short lemi debtors and creditors Cash 8nd bank balances g) Crfllcal accounting judgernents and souK•8 of key èstimation uncertalnty In the application of the charity's accounting policies. which are described above, the trustees are required lo make judgements, estimates 8nd assumptions about the carrying amounts of 8ssels and liabilities that are not rtsadily apparent from other sources. The eslimales and associated assumptions are based on historical experience and other factors Ihal are considered lo be relevant. Actual results may differ from these estimates. The estimates and undertying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are iecognised in the period in which the estimate is revised rf the revision affects only that period, or in the period of the revision and future periods if the vIsion affec15 both current and future periods. The follo¥Mng are the critical judgements and estimates that the Iruslee5 have made in the process of applying the charity's a¢¢ounting polirAes and that have the most signfficant effect on the amounts recognised in the financial statements. Crltl¢alJudgements Key management personnel comprises the trustees. Criucal e8tlmatss No depreciation is provided on church premises, as the trustees consider that the residual value ol the premises 81 the end of their useful life is such that depreciation would be immaterial. The charity has a poli¢y and practice ol regular maintenance and repair such that these assets are kept to their previously assessed standard ol perform8n¢e, and the premises are unlikely to suffer from economic or technological obsolescence. As a result the useful economic life of these premises are expected lo be very long. h) DebtorB Trade and other debtors are recogni$ed al the settlement amount after any trade discount offered. 11 Cash at bank and In hand Cash at bank and in hand includes cash and short term highly liquid investments wlh a short maturity of three months or less. 10
Brixham Communlty chUh Notes to the Financial Statements Year lo 31 December 2023 Accounting Pollcles (¢ontlnu0d) J) Llabllltle8 and provisions Liabilrties are recognised when the is an obligation al the balance sheet dale as a result of a past event, il 1$ probable that a Irangfer of economic benefit will be required in settlement, and the amount of the settlement can be eslimaled reliably. Liabilities are recognised al the amount that the charity anticipates il wll pay to settle the debt or the amount il has received as advanced payments for the goods or seryices it musl provide. Incorne from donation5 and legacles In 2023 the donations and legacies income included £nil12022- £333,612) from the sale of a Propety left in a lega¢y lo the charity resulting in a significant increase in funds. Net incomollexpenditurn) Nel incomellexpenditure) is slated 8ftei charging.. 2023 2022 Independent examinerfs fees.. For independent examin81ion For other accountsncy servi$ 600 1,590 550 1.310 2.190 1,660 staff ¢08ts 2023 2022 Wages and salaries Social security costs Pension contributions for one employee 38.599 27,499 7,711 2,133 40,963 37,343 The charity employed an average of one member of staff during the yeai {2022- one). During the year, remuner*ion totalling £40,963 {2022 - £37,343) including contributions lo a money purchase pension scheme, was paid to one 12022 onel Iruslee under the authority given in the charity's constrtulion. No employee received remuneration in excess of £60.00012022- £60.000}. During the year, no expenses were reimbuised to any trustee12022 - £Nill.
Brlxham Community Church Notes lo the Financial Statements Year lo 31 December 2023 Tanglblo fix assèts Fr&&hold Proporty Totsl Cost At 1 January 2023 508.401 508,401 At 31 ¢0mber 2023 508,401 508,401 0opr6clation Al 1 January 2023 At 31 Decefflber 2023 Nel book value At 31 DeComr 2022 and 2023 01 501401 btors 2023 2022 Girt Aid 492 492 CredltOY8: amounts falling due wlhin one year 2023 2022 A¢¢ruals 4,759 11,841 4,759 11,841 Included within accruals is £nil in relation lo interest payable on10ons12022 - £8,101). During the year £8,101 of promissory loan interest h88 been written off. Rolatad party transactions Durlng the yeai gifts lotalling £3,500 were collected by the Charity and then passed on to tt)e daughter of a Trustee, for her charitable trip to Australia. The lolal amount paid to herwa5 £5,375, which included a donation from the Charrty. These amounts are included in the Statement of Financial Activities as income and charitable expenditure, respectively. 12
Brlxham Community Church Notes lo the Financial Slalements Year to 31 December 2023 10 Analy¥ls of movem•nt In fund8 Balanc& at 1 January 2023 Balance al 31 Decembor 2023 Incomlng Resources resources exnd General funds 953.601 56,441 {63,991) 946.051 953,601 56,441 163,991} 946.051 Comparatlve Infomiatlon in r•8pect of the pr8c8dlng pgriod Is as follows: Balancè at1 J*nuary 2022 Balance at 31 Decembar 2022 Incoming Resources resour¢è8 expendèd General funds 624,210 385.787 156,3961 953,601 624,210 385.787 156,3961 953,601 13