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2023-09-30-accounts

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DIDSBURY COMMUNITY CHURCH OF THE NAZARENE

Board of Trustees’ Report

And

Financial Statements

For the Year Ended 30 September 2023

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DIDSBURY COMMUNITY CHURCH OF THE NAZARENE` BOARD OF TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

Contents

REPORT OF THE BOARD OF TRUSTEES ................................................................................................................ 3 REFERENCE AND ADMINISTRATIVE INFORMATION .................................................................................. 3 BOARD OF TRUSTEES ......................................................................................................................................... 3 BANKERS ............................................................................................................................................................... 4 INDEPENDENT EXAMINER ......................................................................................................................................... 4 REPORT OF THE BOARD OF TRUSTEES ............................................................................................................. 5 STRUCTURE, GOVERNANCE AND MANAGEMENT ........................................................................................ 5 Structure and Organisation ................................................................................................................................... 5 Trustee Appointments ........................................................................................................................................... 5 Governance and Wider Network ............................................................................................................................ 5 RISK MANAGEMENT ........................................................................................................................................... 5 OBJECTIVES AND ACTIVITIES .......................................................................................................................... 6 Charitable Objectives ............................................................................................................................................ 6 Public Benefit ....................................................................................................................................................... 6 Review of the Year ................................................................................................................................................ 6 Significant activities during the period include: ................................................................................................... 6 Achievements during the period include: ............................................................................................................. 7 Plans for Future Periods ....................................................................................................................................... 7 Volunteers ............................................................................................................................................................ 7 FINANCIAL REVIEW ............................................................................................................................................. 8 Reserves ................................................................................................................................................................ 8 Financial Review of the Year ............................................................................................................................... 8 DECLARATION ...................................................................................................................................................... 8 TREASURER ’ S REPORT .................................................................................................................................................. 9 INDEPENDENT EXAMINER'S REPORT ........................................................................................................... 10 ON THE ACCOUNTS ........................................................................................................................................... 10 Section A Independent Examiner’s Report ................................................................................ 10 Section B Disclosure ................................................................................................................... 11 INCOME & EXPENDITURE STATEMENT ....................................................................................................... 12 DIDSBURY COMMUNITY CHURCH ASSETS ................................................................................................. 13

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REGISTRATION NUMBER 1167584

DIDSBURY COMMUNITY CHURCH OF THE NAZARENE

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REPORT OF THE BOARD OF TRUSTEES

FOR THE PERIOD ENDED 30 SEPTEMBER 2022

The Board of Trustees presents its report and financial statements for the period ended 30 September 2022.

REFERENCE AND ADMINISTRATIVE INFORMATION

Charity Name: Didsbury Community Church of the Nazarene Charity Registration Number: 1167584 Principal Address: NTC, Dene Road, Didsbury, Manchester M202GU Website: www.didsburycommunitychurch.co.uk

BOARD OF TRUSTEES

Tom Burke Co-Chair Ex- Officio member Kirsty Waddell Co-Chair Ex-Officio member Andy Hollingworth Trustee Treasurer/Secretary David Hilditch Trustee Resigned March 2023

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REGISTRATION NUMBER 1167584

DIDSBURY COMMUNITY CHURCH OF THE NAZARENE

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BANKERS

HSBC 760 Wilmslow Road Didsbury M20 2DP

INDEPENDENT EXAMINER

Mrs. Sheila Strong 4 Brook Fold Brooklands Chapel-en-le-Frith High Peak SK23 OBB

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REGISTRATION NUMBER 1167584

DIDSBURY COMMUNITY CHURCH OF THE NAZARENE

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REPORT OF THE BOARD OF TRUSTEES

The Board of Trustees present the following report for the period ended 30 September 2023.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Structure and Organisation

The charitable incorporated organisation (CIO) was set up on 09 June 2016 with registration number 1167584.

Trustee Appointments

The Trustees are elected annually by the members of Didsbury Community Church of the Nazarene at the Annual General Meeting held in first 2 months of each year.

Governance and Wider Network

The Board of Trustees meets regularly, normally monthly 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 Didsbury Community Church of the Nazarene Charitable Incorporated Organisation (CIO) is one of the churches within 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 Eurasia Region of the global Church of the Nazarene which has its headquarters at Church of the Nazarene, Global Ministry Center, 17001 Prairie Star Parkway, Lenexa, Kansas, USA, 66220

The governing documents of the Didsbury Community Church of the Nazarene are: The Constitution of the Didsbury Community Church of the Nazarene and the rules and provisions of the Nazarene Manual as updated from time to time (currently: Church of the Nazarene Manual 2023 (Kansas City: Nazarene Publishing House, Kansas City, Missouri, U.S.A., 2023) insofar as these rules and provisions are not inconsistent with any provision of the Constitution of the Didsbury Community Church of the Nazarene, or UK Charity Law.

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 ongoing 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.

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REGISTRATION NUMBER 1167584

DIDSBURY COMMUNITY CHURCH OF THE NAZARENE

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OBJECTIVES AND ACTIVITIES

Charitable Objectives

The Charity has the following objectives:

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.

Review of the Year

The aims for the year included:

Significant activities during the period include:

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REGISTRATION NUMBER 1167584

DIDSBURY COMMUNITY CHURCH OF THE NAZARENE

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Achievements during the period include:

Plans for Future Periods

The Board of Trustees meets monthly to plan and look to the future of the Charity. Current proposals include:

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 Didsbury Community Church of The Nazarene.

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REGISTRATION NUMBER 1167584

DIDSBURY COMMUNITY CHURCH OF THE NAZARENE

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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 periodic basis the anticipated income and expenditure for the next twelve months to ensure the ongoing work of the Charity.

Financial Review of the Year

The Charity has continued throughout the year to meet and tailor the expenditure it incurs to the income received through grants, gift aid, the tithes, offerings, and donations received. There is much more that the Board of Trustees would like to do, and we continue to explore these and the use of additional grants that may be available to enable these plans to become a reality.

The Receipts and P ayment A ccount shows that there was a net increase in cash funds during the year of £4,087 (2022 £554).

DECLARATION

The Trustees declare that they have approved the Trustees’ report above.

Signed on behalf of the Charity’s Trustees on 08 July 2024

KIRSTY WADDELL Co-Chair

ANDY HOLLINGWORTH Secretary

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REGISTRATION NUMBER 1167584

’ TREASURER S REPORT

The Annual Receipts and Payments Accounts for the period 01 October 2021 to 30 September 2023 are attached in separate PDF document, together with the Independent Examiners Report for perusal and acceptance.

Income

We were blessed by tithing of £22,213 in the period together with Gift Aid of £5,555.

Expenditure

As with most Charitable and Educational entities, staff costs are the largest area of expenditure. Didsbury Community Church operates a model of part time staff to cover several missional areas. The Pastors’ salary is reviewed on an annual basis, and we are pleased to report that we continue to pay above the National Living Wage.

Savings Account

You will notice we ended this year with £16,141in the Current Account; we also now have a Savings Account with £1,071 at the end of the year.

RESPECTFULLY SUBMITTED

I respectfully submit these accounts for your approval.

ANDY HOLLINGWORTH

Treasurer

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REGISTRATION NUMBER 1167584

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INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS

Section A Independent Examiner’s Report

Report to the trustees DIDSBURY COMMUNITY CHURCH OF THE NAZARENE Charity no (if On accounts for the year ended 30 SEPTEMBER 2023 1167584 any) Set out on page(s) (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30 September 2023. Responsibilities and basis of As the charity's trustees, you are responsible for the preparation of the accounts in report 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 I have completed my examination. I confirm that no material matters have come statement 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.

Signed: Date: 10 / 02 / 2024 Name: SHEILA STRONG Relevant professional ASSOCIATION OF ACCOUNTING TECHNICIANS qualification(s) or body (if any): Address: 4 BROOK FOLD CHAPEL-EN-LE-FRITH DERBYSHIRE SK23 9AA

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REGISTRATION NUMBER 1167584

Section B Disclosure

Only complete if the examiner needs to highlight material 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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REGISTRATION NUMBER 1167584

REGISTRATION NUMBER 1167584

DIDSBURY COMMUNITY CHURCH

INCOME & EXPENDITURE STATEMENT

FOR THE PERIOD 01 OCTOBER 2022 TO 30 SEPTEMBER 2023

REVENUE
Administrative
Standing Orders
Special Gift Offerings
Gift Aid
TOTAL Revenue
EXPENDITURE
Administrative
Staff
Salary Co Pastors
Rent for Co Pastor
Ministers Expenses
Pastoral Aid Fund
Office and rental
Regular Rental Agreements
Other Rental Space
Insurance
General Publicity/Advertising
Printing/Photocopying/ Other NTC Charges
Church Disclosure and Barring Service
Payroll and Gift Aid services
Training/Licences/Church Equipment
Watoto child
Missional Communities
Sundries
Women's Ministries
Missional Offering
Broadoak Create
Youth Missional Communites
Youth
Events
Fellowship Meals/Event
Festival
Conference/Anniversary
Repayment to District
TOTAL Expense
ANALYSIS
Annual Revenue
Annual Expenditure
INCOME/(LOSS)
2022-23
£ 22,213.00
£ 700.00
£ 5,555.18
£ 28,468.18
£ 10,335.36
£ 9,300.00
£ 1,386.22
£ 463.55
£ 250.00
£ 507.47
£ 326.50
£ 195.25
£ 401.40
£ 394.00
£ 276.00
£ 35.72
£ 17.20
£ 267.12
£ 22.76
£ 57.00
£ 24,381.35
£ 28,468.18
£ 24,381.35
2021-22
£ 23,406.00
£ 6,094.83
£ 29,500.83
£ 9,577.24
£ 9,300.00
£ 1,090.75
£ 154.50
£ 375.00
£ 880.00
£ 491.18
£ 67.79
£ 69.16
£ 153.50
£ 265.60
£ 602.13
£ 276.00
£ 189.00
£ 155.00
£ 50.00
£ 56.65
£ 16.62
£ 250.61
£ 396.87
£ 240.00
£ 4,673.00
£ 29,330.60
£ 29,884.99
£ 29,330.60
£ 4,086.83 £ 554.39

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REGISTRATION NUMBER 1167584

DIDSBURY COMMUNITY CHURCH

REGISTRATION NUMBER 1167584

DIDSBURY COMMUNITY CHURCH ASSETS

AS AT 30 SEPTEMBER 2023

Savings Account Balance
Current Account balance ( cfwd)
Consisting of:
Youth Zone
Didsbury Community Church
TOTAL
£ 1,071.05
£ 16,141.56
£ 249.96
£ 15,891.60
£ 16,141.56
£ 1,059.15
£ 12,054.73
£ 249.96
£ 11,804.77
£ 12,054.73

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REGISTRATION NUMBER 1167584