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2023-12-31-accounts

Emmanuel Baptist Church Sidmouth

Trustees Annual Report

Trustees’ Annual Report

for the period

1[ST] JANUARY 2023 to 31[ST] DECEMBER 2023

EMMANUEL BAPTIST CHURCH SIDMOUTH

Registered Charity No. 1167687

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Emmanuel Baptist Church Sidmouth

Trustees Annual Report

CONTENTS

Page
CHURCH INFORMATION 3
REPORT OF THE TRUSTEES 3
1 Objectives and Activities 3
2 Public Benefit 3
3 Structure, Governance and 4
Management
4 Review of activities 4
5 Financial Review and Accounts 5

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Emmanuel Baptist Church Sidmouth

Trustees Annual Report

CHURCH INFORMATION

Address Manstone Lane, Sidmouth, EX10 9TU Trustees Besmir Gorrea Hilary Atkinson Catherine Michell John Jackson Bernard Kelly

Number 1167687 Bankers Charities Aid Foundation (CAF Bank) 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ

Independent Examiner Mr. Terry Hitchins

REPORT OF THE TRUSTEES

The trustees have pleasure in presenting their annual report and accounts for the year ended 31[st] December 2023

.

1 Objectives and Activities

The purposes of the church are:

1 The advancement of the Christian faith in accordance with the basis of faith primarily but not exclusively within Sidmouth and the surrounding neighbourhood,

2 Such other charitable purposes as shall in the opinion of the members of the church in general meeting put into practice the teaching of the Lord Jesus Christ in accordance with the basis of faith.

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Emmanuel Baptist Church Sidmouth

Trustees Annual Report

2 Public Benefit

The trustees consider that the objectives above fulfill the requirements of the Charity Commission’s public benefit disclosure.

3 Structure, Governance and Management

The church is a registered charity. Charitable Incorporated Organisation (CIO) number 1167687 registered on 16 June 2016 and governed by its Constitution dated 21[st] March 2016

The trustees who served in 2023 were:Besmir Gorrea- January – December (Pastor) Hilary Atkinson – January – February (Deacon) Catherine Michell – January – February (Deacon) John Jackson- January – December (Elder) Bernard Kelly- January – December (Elder)

Day to day governance of the church is in the hands of the Church Council (the Trustees). Major decisions are made by the members at Church Members Business Meetings held as required and normally not less than four times a year. The Annual General Meeting, at which the Secretary and Treasurer report on the work and finances of the church, is normally held towards the end of February.

4. Review of activities

4.1 Services of worship, prayer and the ministry of God’s word were held on Sunday mornings together with midweek meetings for prayer and Bible Study.

4.2 Involvement of the the congregation

Many members of the congregation are involved in the work of the Church which would be unable to function without their aid.

4.3 Risk Assessment

Three main areas of risk have been identified, and the following mitigation procedures have been put in place:-

a) The trustees closely monitor and manage the finances to ensure that funds are available for ongoing support of its objectives.

b)DBS checks are made for all those who work with children or other vulnerable groups as part of the charity's activities.

c) Appropriate insurance is in place to protect the charity.

d)A Covid risk assessment was carried out for the church to comply with Government guidelines and rules.

4.4 Charitable giving

The church supports a number of missionaries, Christian workers, Christian organisations and charities both financially and in prayer.

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Emmanuel Baptist Church Sidmouth

Trustees Annual Report

During 2023 these included the following, who were financially supported from church funds:

Robin Asgher at Cranford Baptist Church. Clive Barker. A SIM S.E. Asia Field Director.. The Christian Institute Rob Hooks with the London City Mission.

Rich and Zoe – OMF International (UK)

4 Financial Review

The overall difference between receipts and expenses was - £10,965 compared with -£15,918 in 2022. Accumulated funds reduced from £631,778 at 31/12/22 to £100,090 at 31/12/23 , a reduction of £531,688. This reduction is accounted for by the purchase of the manse (£520,993) together with the deficit of £10,695. Accumulated funds at 31[st] December 2023 amounted to £100,090.

RECEIPTS & PAYMENTS ACCOUNTS for the year ended 31[st] December 2023


£
General Fund Receipts
Free-will offerings

Gift Aid refunds
Income from solar panels
Interest received
Sundry receipts
Total Receipts

Transfers from Gold Account
Total Receipts incl. Transfers
General Fund Payments
Pastor’s salary (incl. PAYE, pension & expenses) 30,226
Pastor’s rent re Exmouth property (substitute manse) 2,536
Visiting preacher, FIEC donations & conference costs 1,575
Church Maintenance 7,347
Manse Costs-maintenance & Council Tax 1,433
Communications, administration & sundries 2,682
Missionary gifts 3,400
Outreach640

Total Payments
Purchase of Manse
Total Payments incl. Purchase of Manse
Excess of payments over receipts
Transfer from Gold Account
Surplus /Deficit
Add
Accumulated fund b/fwd.
Less deposit on new manse
Purchase of Manse and transfers out
Deficit for year
Accumulated fund at 31st December
Represented by:
2023
£
27,968
6,935
1,066
2,070
1,105

39,144
528,989

568,133








49,839
520,993
570,832
-2,699
-7,996
-10,695
631,778

528,989
2,699
£100,090

£








22,304
10,725
2,994
8,348
1,538
2,603
3,400
0





2022
£
25,125
7,212
755
2,515
387

35,994
0
35,994

51,912

-15,917
705,195
-57,500
£631,778

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Emmanuel Baptist Church Sidmouth

Trustees Annual Report

CAF Bank Current Account
CAF Bank Gold Account
3,093
96,997

£100,090
5,792
625,986

£631,778

Independent Examiner’s Report

I have examined the accounts for the year ended 31[st] December 2023 & have verified them to be in accordance with the books, records & explanations provided to me by the acting treasurer. I also confirm that no matter has come to my attention which needs further clarification in the accounts.

Signed: Terry Hitchins 12/2/24

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