MARTOCK CHRISTIAN FELLOWSHIP
TRUSTEES REPORT 2023
CIO INFORMATION
STATUS Martock Christian Fellowship Charity Registration Number 1168712 TRUSTEES Trevor Greenhill (Chairman) Philip Davies and Andrew Holden (Secretary) Richard Gibney (Policies and procedures) Michelle Greenhill (HR and Employment) Phil Reed (Leadership Team representative, Fabric & Buildings) Jerry Slade (Leadership Team representative) LEADERSHIP TEAM Chris Spracklen (Pastor) Dave Sinclair (Youth Pastor) Jan Clarke Tim Clarke Pippa Davies Akin George Trevor Goss Phil Reed Jerry Slade Sarah Slade REGISTERED ADDRESS Martock Christian Fellowship Church Street Martock Somerset TA12 6JL ADMINSITRATOR Naomi Sherriff INDEPENDENT EXAMINER Ed Coton LTCL AFA/MIPA TaxAssist Accountants 24 Bridge Street Taunton TA1 1UB BANKERS NatWest 2 Hendford Yeovil Somerset BA20 1TN
1
Trustees’ Report for year ended 31 December 2023
Objectives
The primary aim of the charity is to fulfil the role of a Christian Church in the Martock area and to provide help to others in promoting the Christian faith in the United Kingdom and overseas and maintaining the upkeep and repair of the fabric of buildings, utilised for charitable purposes.
Martock Christian Fellowship Mission Statement
The following is a list of aspirations that Martock Christian Fellowship (MCF), as a family of people who love God and follow Jesus Christ, both long and pray for.
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To be people for whom God is first, His Word is Light and Christ is enough.
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To be a people amongst whom the hurting, the depressed, the frustrated, the lonely, the confused, and the marginalised can find love, acceptance, help, hope, forgiveness, guidance, and encouragement.
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To be a people through whom the Good News of Jesus Christ is shared with as many people as possible, both in and around Martock, as well as further afield.
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To be a people from whom passionate worship is directed towards God, loving encouragement is directed towards one another, and financial help is directed to the needy.
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To be a people in whom the knowledge of God is growing, the love of God is deepening, the gifts of God are developing, and the power of God is living.
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And to be a people with whom lies the responsibility of caring for buildings that many in the community will enjoy visiting and using.
Please note that this list is not exhaustive but is simply a concise statement of what we primarily want to be and do. Neither should any great significance be given to the order of the list, as each of the aspirations are of great importance to us.
Government
The policy and operating decisions of the charity rest with the Trustees who meet regularly to monitor the activities of the Charity. New Trustees are recruited and appointed by a majority of existing Trustees.
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Trustees’ responsibilities
Charity law requires us, as Trustees, to prepare financial statements for each accounting year which give a true and fair view of the state of the charity and its income and expenditure for the year. We are required to:-
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Make suitable accounting policies and apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
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State whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts.
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Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy, at any time, the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees confirm that the accounts comply with current statutory requirements and those of the charity’s constitution.
Financial Review.
The total income for the full financial year 2023 was £160,210 with a total expenditure during the same period of £192,342. The total expenditure included full employment costs of £32,645 (full-time Pastor), an Assistant Pastor & Youth Worker from March 2022 (£38,257), part-time Church Administrator, 2 part-time Cleaners (1 for the Chapel and 1 for the George) at £15,311.
The Coffee Shop Manager and Barista costs were covered by the Coffee Shop, where sales had grown to £40,806 up from £29,855. This reflected the Coffee Shop being open for more hours and building up its presence after Covid and the church is seeing the potential of the coffee shop as an important outreach, for example Parents/Carers of the toddler group that meet on a Wednesday, now first meet in the coffee shop. The expenses of the Coffee Shop were £38,855 showing a small surplus of £1,951.
The collection was down from £76,829 to £72,371, with the total of Donations and Collections down from £119,709 to £92,295, in part due to the passing of some regular donators. The use of the Chapel and The George were in line with the previous year earning £10,220.
The Building Fund expenditure for the year was £5,308, being further professional costs associated to the next phase of development of the George and some priority maintenance to the ‘Skittle Alley’. No new building work has been started and a revised plan for the next stage of development will be evaluated in 2024. Income for the Fund is expected to drop in 2024 owing to reduced levels of donations.
Support for Charitable Giving for Missionary and Evangelistic work was £22,978 down from £38,900. The majority of the giving was through Mission (£6,615) and Transforming Lives (£9,958). £2,483 was given as ‘Special’ - emergencies such as Ukraine.
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Transforming Lives (food bank and community support fund). In 2023 a total of £16,747 was received, and £9,958 was distributed. The community need for the food bank increased dramatically through 2022 and MCF have found the community continued to need this support throughout 2023.
During 2023 and into 2024, MCF will be reviewing it’s financial reporting to improve its operational controls and clarity of presentation. The Trustees made the decision that saved income should be spent on the church and community to achieve positive impact rather than just being saved and retained in the accounts.
Review of Activities.
In 2023 the Chapel fully open for services and youth activities. We were able to offer our full range of activities as we work towards fulfilling our Mission Statement as set out earlier in the report. It is noted numbers in attendance have fallen, with members making use of the Zoom streaming of the service rather than still attending in person.
Church Activities
The 10:30 am Service at the Chapel has had a full programme of teaching and worship and for those still not preferring to attend in person, Zoom streaming. Sunday morning youth activities run, consisting of the crèche for children ages 0 to 3 years, Kidzone for the 4 to 10 age group and lasers for the senior school year groups aged 11-16. An outdoor service was held in the summer as part of our witness to the Martock Community.
On Monday evenings there is an On-Line Prayer meeting and on a Friday evenings there is bi-weekly bible study for anyone who wishes to further their knowledge and understanding. The new initiative of Prayer and Praise evenings took place, with several meetings throughout the year. This takes place on a Tuesday evening.
Youth Plus, which provides Bible teaching and discipleship for the older children aged 10-17 on a Sunday evening, continued. The Friday evening group for church and non-church members (Oasis) also restarted its varied programme of social activities. Many members of the Youth have attended festivals such as the Spree Festival in Devon, New Wine and Spring Harvest.
The newly appointed Associate Pastor with responsibility for Youth and Young Families has settled in, and the church is grateful for the volunteers who took on the role of pastoring the youth when we were without a pastor. The Associate Pastor undertook a ‘Deep Dive’ Strategic Review of the activities and practices of the Fellowship as we look to the future. This was a comprehensive review looking into all aspects of our work both internally and outwardly for the community. One of the initial findings was that we needed to restructure our leadership teams, a process which has begun and should be completed in the 2024.
Many church members belong to one of nine house groups, which provide weekly opportunities for bible study and discussion as well as social activities. A number of the women attended the Away Day Women’s Christian Conference in Yeovil, with the men also continuing to meet on a regular basis over coffee as a forum for discussion and they too hold an annual away day retreat.
Sunbeams, a group for children and parents of preschool age who meet regularly in the Shore Room of the Gospel Hall building continued to grow in membership. Parents and children who attend are from a wide range of families in the village and surrounding community.
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The membership of The Boys’ Brigade continues to grow, especially with the rise in numbers from those outside the church membership. The Boys’ Brigade provides the members with a wide range of indoor and outdoor activities plus a camp in the summer, as well as Christian teaching.
Young At Heart, a social event for the older members of the fellowship also continues with a programme that is a little more limited than previously. This mainly takes the form of outings and helps people who have little contact with others to make links within the community.
The volunteers from the Pastoral team have kept up their invaluable work in supporting members and others in our community who are experiencing short or long-term difficulties through a change of circumstances, bereavement, ill health, loneliness, and frailty associated with old age. The need for these services continues to increase and we are grateful to our volunteers for the hours they spend providing for these needs.
The Global Missions Team continued to lead our support to a variety of causes and individuals involved in spreading and living out the Gospel in other countries. This work is funded by quarterly collections plus events like the Tear Fund quiz, a social event attended by church and non-church members. Via the Global Mission Team, the church supports organisations that work with communities in difficult circumstances, the persecuted church, plus families and organisations working overseas.
The Leaders attended a retreat in order to give full and prayerful consideration to matters affecting the spiritual welfare, development and pastoral care of the Fellowship.
Associated activities.
MCF continued to have strong links with other churches in the area. The Parish church in Martock, the United Reform Church in Bower Hinton meet regularly for prayer and hold Joint services throughout the year, in particular at Easter with the ‘ Witness walk of the cross’ through the village.
MCF continues to be a member of The Evangelical Alliance and of Partnership UK.
DBS clearance continues to be kept up to date by our Child Protection Co-ordinator and Recruiters.
Community
The cost of living crisis continued to create a lot of issues in the local community and MCF continued with their effort of helping wherever possible. We continued to support heavily the ‘Transforming Lives Fund’ which involves providing members of the community who need urgent help with food, other essential items, and sometimes small sums of money as needed. The demand for this work is growing quickly. The church continued to respond to requests passed on from church members and local community organisations with whom we have developed close working relationships. Beyond this practical support we were able to give prayer, time, financial and other resources to those who needed help. Our work in this area continues to be well received in the community, building on the respect and reputation we have in the area for the work that we do.
The coffee shop is now running fully with a committed group of volunteers who assist the manager in providing high-quality drinks and food within the attractive environment of The George building. The Coffee shop has gained increasing popularity in the community.
Relationships continue to be developed with local schools. The regular commitment to take assemblies in the local primary schools continues.
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The two buildings that belong to MCF are not only used for Church activities but are available for the local community to book and use. The regular use by groups such as Slimming World, Pilates, History Society and the local Foster Group continued as soon as regulations allowed. M3 – Marking the Most of Martock, meet in The George 3 times a year. There is also a steady stream of intermittent use by a number of local groups and organisations including Public Health Nurses, Children’s centre meetings and the local constituency MP’ Advice Surgery. These bookings demonstrate how important an asset the buildings are to the well-being of the local community.
The Year ahead:
We continue to have a passion to work with the local and wider communities to support where necessary and bring the Good News to as many as possible.
Work has paused currently on the development of the church plant, the Hamdon Community Church, although the community links remain The church is working hard at building relationships with their local community.
Work will continue to develop a new leadership structure for the Fellowship which will streamline how we work and put less pressure on individuals.
Work will continue with Phase 2 of the redevelopment of The George building. Initial plans are being drawn up for this phase and there will be consultation with the membership to ascertain the direction these plans will go. The plans include additional facilities and space in The George to meet the needs of people in our community.
We aim to be open to the people in need in our community and be able to respond as appropriate whether it is though prayer, financial support or practical help.
This report is signed on behalf of the Trustees by
Andrew Holden (Secretary).
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Martock Christian Fellowship Financial Accounts For the year ending 31 December 2023
Martock Christian Fellowship Independent Financial Report for the year ending 31 December 2023
I report on the accounts of Martock Christian Fellowship for the year ended 31 December 2023, which are set out on pages 2 to 10.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
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have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Ed Coton LTCL AFA/MIPA 23rd July 2024 TaxAssist Accountants 24 Bridge Street Taunton Somerset TA1 1UB
Page 1
Martock Christian Fellowship Statement of Financial Activities For the year ending 31 December 2023
| Incoming resources Donations and collections Missionary Work Boys Brigade Use of premises Tax recoverable Building fund gifts Coffee shop takings HCC Fund Other income Total incoming resources Resources expended Chapel running costs George running costs Pastor's remuneration & pastoral expenses Assistant pastor and youth work expenses Boys & Girls Brigade Other Mision & Ministry Expenses Other Wages Books licences and other expenses Charitable giving Governance costs Coffee Shop Building project expenses Total resources expended Transfer between funds Net movement in funds Total funds brought forward Total funds carried forward |
General £ Restricted £ Building £ Total £ 2022 |
|---|---|
| 89,324 - - 89,324 76,829 - 2,615 - 2,615 41,923 - 355 - 355 3,578 10,220 - - 10,220 10,296 - - - - 15,391 - - 3,388 3,388 - 40,806 - - 40,806 29,855 - - - - 1,521 13,508 - - 13,508 9,461 |
|
| 153,859 2,970 3,388 160,218 188,853 8,601 8,601 11,719 21,314 21,314 13,914 32,645 32,645 33,596 38,257 38,257 13,023 - 315 315 5,938 3,051 3,051 2,870 9,165 9,165 7,865 8,819 8,819 7,310 22,978 22,978 38,900 3,033 3,033 821 38,855 38,855 28,789 - 5,308 5,308 4,503 |
|
| 186,719 315 5,308 192,342 169,247 67,741 - 67,741 -- 34,881 2,655 69,661 - 32,125 - 19,606 |
|
| 119,987 13,466 434,708 568,161 548,555 |
|
| 154,868 16,121 365,047 536,036 568,161 |
Page 2
Martock Christian Fellowship Balance sheet For the year ending 31 December 2023
| Fixed Assets Tangible Assets Current Assets Cash at Bank and in hand Gift aid due but not claimed Other Debtors Current Liabilities Trade Creditors Accruals Other Creditors Net Current Assets Net Assets Funds of the Charity Unrestricted funds Restricted income funds (Note 8) Total Funds |
General £ Restricted £ Building £ Total £ 2022 £ |
|---|---|
| 11,267 - 350,000 361,267 358,201 142,479 16,121 15,047 173,647 203,490 - - - - 6,127 3,480 - - 3,480 2,851 |
|
| 145,958 16,121 15,047 177,126 212,469 683 - - 683 1,659 970 - - 970 850 703 - - 703 - |
|
| 2,356 - - 2,356 2,509 |
|
| 143,602 16,121 15,047 174,770 209,960 |
|
| 154,869 16,121 365,047 536,036 568,161 |
|
| 154,869 154,869 135,813 16,121 365,047 381,168 432,348 |
|
| 154,869 16,121 365,047 536,036 568,161 |
Page 3
Martock Christian Fellowship Notes to the Financial Statements For the year ending 31 December 2023
| Note 1 | Basis of preparation |
|---|---|
| 1.1 Basis of accounting | |
| These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with: | |
| • Accounting and Reporting by Charities – Statement of Recommended Practice (SORP FRS 102); | |
| • and with Accounting Standards | |
| • and with the Charities Act | |
| 1.2 Change in basis of accounting | |
| There has been no change to the accounting policies (valuation rules and methods of accounting) since last year. | |
| 1.3 Changes to previous accounts | |
| No changes have been made to accounts for previous years. | |
| Note 2 | Accounting policies |
| INCOMING RESOURCES | |
| Recognition of incoming resources | These are included in the Statement of Financial Activities (SoFA) when: |
| • the charity becomes entitled to the resources; | |
| • the trustees are virtually certain they will receive the resources; and | |
| • the monetary value can be measured with sufficient reliability. | |
| Incoming resources with related | Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related |
| expenditure | expenditure are reported gross in the SoFA. |
| Grants and donations | Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources. |
| Tax reclaims on donations and gifts | Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate. |
| Volunteer help | The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. |
| Investment income | This is included in the accounts when receivable. |
| Investment gains and losses | This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value |
| at the end of the year. | |
| EXPENDITURE AND LIABILITIES | |
| Liability recognition | Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. |
| Governance costs | Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice |
| to trustees on governance or constitutional matters. | |
| Grants with performance conditions | These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to |
| the grant which remain in the control of the charity. | |
| Support Costs | Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of |
| resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. | |
| ASSETS | |
| Tangible fixed assets | These are capitalised if they can be used for more than one year, and cost at least £200. They are valued at cost or a reasonable |
| value on receipt. | |
| Investments | Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are |
| included at trustees' best estimate of market value. | |
| Stocks and work in progress | These are valued at the lower of cost or market value. |
Page 4
Martock Christian Fellowship Notes to the Financial Statements For the year ending 31 December 2023
Note 3 Analysis of incoming resources
| Donations and Collections Collections Boys' brigade Transforming lives Missionary offerings Acts 2 Fund CAP Youth group offering Use of Premises Use of Chapel The George use of premises Tax Recoverable General fund gift aid Restricted fund gift aid Building fund gift aid Building Fund gifts Building fund direct to no 2 account Coffee Shop Income Coffee shop takings Other Income Special gifts Swym trainee donations SSDC Covid grant and other income Somerset Camp Cowen HCC Fund Other Income |
2023 £ 72,371 355 16,747 2,615 30 176 - 92,295 2,210 8,010 10,220 - 3,388 3,388 40,806 40,806 7,583 200 25 4,414 - - 1,286 13,508 |
2022 £ 76,829 3,578 17,370 17,004 3,851 1,076 - |
|---|---|---|
| 119,709 2,196 8,100 |
||
| 10,296 13,163 1,992 236 |
||
| 15,391 - |
||
| - 29,855 |
||
| 29,855 4,192 745 3,917 1,733 888 1,521 606 |
||
| 13,602 |
Page 5
Martock Christian Fellowship Notes to the Financial Statements For the year ending 31 December 2023
| Note 4 Analysis of resources expended Chapel running costs Maintenance and repairs Cleaner Heat & light Insurance George running costs Maintenance and repairs Cleaner Heat & light Insurance Water charges TV Licence Telephone Mission and ministry expenses Pastor's Wage Assistant pastor Car allowance etc Ministry Catering Speakers expenses Local Activities Lords Work in GB Slovakia Trip Youth activities Boys and girls brigade Administration costs Other Depreciation of fixed assets Church Printing, advertising & other office expenses Telephone & Data Comms Minibus Bank charges IT expenses Subscriptions Charitable Giving Missionary Transfroming lives CAP Acts 2 Somerset camp SWYM Special Governance costs Accountancy Employment expenses Employers Coffee Shop Coffee shop expenses Building project exp. Building Project expenses |
2023 £ 2,119 2,586 453 3,442 8,601 2,995 6,146 7,406 2,971 323 159 1,315 21,314 32,366 31,806 1,972 279 69 1,045 155 - 1,783 4,479 315 74,269 695 1,610 9,165 1,235 - 806 681 2,508 1,284 17,984 6,615 9,958 960 900 2,063 - 2,483 22,978 1,337 653 1,044 3,033 38,855 5,308 |
2022 £ 2,442 4,580 2,124 2,572 |
|---|---|---|
| 11,719 2,179 4,580 4,475 2,572 - - 107 |
||
| 13,914 31,916 13,023 1,680 63 142 855 310 1,500 - - 5,938 |
||
| 55,427 157 1,950 7,865 695 1,422 - 598 299 2,188 |
||
| 15,175 15,159 11,166 960 140 2,250 1,050 8,175 |
||
| 38,900 821 - - |
||
| 821 28,789 4,503 |
Page 6
Martock Christian Fellowship Notes to the Financial Statements For the year ending 31 December 2023
Note 5 Details of certain items of expenditure
5.1 Trustee Expenses
Number of trustees who were paid expenses
Nature of the expenses
2023 2022
-
- Reimbursement of church expenses paid with trustees funds
5.2 Fees for examination or audit of the accounts
| 2023 Independent examiner’s or auditors' fees 1,337 Other fees - (for example: payroll administration, advice, consultancy, accountancy services) paid to the independent examiner or au Note 6 Paid Employees 6.1 Staff Costs Gross wages, salaries and benefits in kind 58,334 Total staff costs 58,334 6.2 Average number of full-time equivalent employees in the year 2023 The parts of the charity in which the employees work Charitable Activities 3 Governance 2 Other 2 Total 7 |
2022 821 - ditor 61,960 |
|---|---|
| 61,960 | |
| 2022 3 2 2 |
|
| 7 |
Page 7
Martock Christian Fellowship Notes to the Financial Statements For the year ending 31 December 2023
| Note 7 Tangible fixed assets 7.1 Cost or valuation Balance brought forward Additions Balance carried forward 7.2 Accumulated depreciation and impairment provisions Balance brought forward Depreciation charge for year Balance carried forward 7.3 Net book value Brought forward Carried forward |
Land & Buildings Fixtures & Equipment Total £ £ £ 350,000 56,122 406,122 - 4,676 4,676 |
|---|---|
| 350,000 60,798 410,798 Straight Line 0% per annum Straight Line 12½% per annum - 47,921 47,921 - 1,610 1,610 |
|
| - 49,531 49,531 |
|
| 350,000 8,201 358,201 350,000 11,267 361,267 |
Note 8 Endowment and restricted income funds
| Missionary Fund Youth Fund Building Fund 8.2 Movements of major funds Fund names General Missionary Building Total Funds |
Restricted fund Designated fund Designated fund Fund bal B/forward Incoming Outgoing Transfers Fund bal C/Forward £ £ £ £ £ 119,987 153,859 186,719 67,741 - 19,386 13,466 2,970 315 - 16,121 434,708 3,388 5,308 67,741 500,529 |
|---|---|
| 568,161 160,218 192,342 - 536,036 |
Page 8
Martock Christian Fellowship Notes to the Financial Statements For the year ending 31 December 2023
| Note 9 Further analysis of resources expended 9.1 Speaker expenses David Herring Richard Coles Ladies Day Other 9.2 Missionary Work - UK Barnabas fund Transorming Lives ACTS 2 CAP Somerset Christian Camps |
2023 120 50 585 290 1,045 2023 - 31,806 9,165 2,586 6,146 49,704 |
2022 - - - - |
|---|---|---|
| 855 | ||
| 2022 - 11,166 140 960 2,250 |
||
| 14,516 |
Page 9
Martock Christian Fellowship Financial Accounts For the year ending 31 December 2023
Martock Christian Fellowship Independent Financial Report for the year ending 31 December 2023
I report on the accounts of Martock Christian Fellowship for the year ended 31 December 2023, which are set out on pages 2 to 10.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
-
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Ed Coton LTCL AFA/MIPA 23rd July 2024 TaxAssist Accountants 24 Bridge Street Taunton Somerset TA1 1UB
Page 1
Martock Christian Fellowship Statement of Financial Activities For the year ending 31 December 2023
| Incoming resources Donations and collections Missionary Work Boys Brigade Use of premises Tax recoverable Building fund gifts Coffee shop takings HCC Fund Other income Total incoming resources Resources expended Chapel running costs George running costs Pastor's remuneration & pastoral expenses Assistant pastor and youth work expenses Boys & Girls Brigade Other Mision & Ministry Expenses Other Wages Books licences and other expenses Charitable giving Governance costs Coffee Shop Building project expenses Total resources expended Transfer between funds Net movement in funds Total funds brought forward Total funds carried forward |
General £ Restricted £ Building £ Total £ 2022 |
|---|---|
| 89,324 - - 89,324 76,829 - 2,615 - 2,615 41,923 - 355 - 355 3,578 10,220 - - 10,220 10,296 - - - - 15,391 - - 3,388 3,388 - 40,806 - - 40,806 29,855 - - - - 1,521 13,508 - - 13,508 9,461 |
|
| 153,859 2,970 3,388 160,218 188,853 8,601 8,601 11,719 21,314 21,314 13,914 32,645 32,645 33,596 38,257 38,257 13,023 - 315 315 5,938 3,051 3,051 2,870 9,165 9,165 7,865 8,819 8,819 7,310 22,978 22,978 38,900 3,033 3,033 821 38,855 38,855 28,789 - 5,308 5,308 4,503 |
|
| 186,719 315 5,308 192,342 169,247 67,741 - 67,741 -- 34,881 2,655 69,661 - 32,125 - 19,606 |
|
| 119,987 13,466 434,708 568,161 548,555 |
|
| 154,868 16,121 365,047 536,036 568,161 |
Page 2
Martock Christian Fellowship Balance sheet For the year ending 31 December 2023
| Fixed Assets Tangible Assets Current Assets Cash at Bank and in hand Gift aid due but not claimed Other Debtors Current Liabilities Trade Creditors Accruals Other Creditors Net Current Assets Net Assets Funds of the Charity Unrestricted funds Restricted income funds (Note 8) Total Funds |
General £ Restricted £ Building £ Total £ 2022 £ |
|---|---|
| 11,267 - 350,000 361,267 358,201 142,479 16,121 15,047 173,647 203,490 - - - - 6,127 3,480 - - 3,480 2,851 |
|
| 145,958 16,121 15,047 177,126 212,469 683 - - 683 1,659 970 - - 970 850 703 - - 703 - |
|
| 2,356 - - 2,356 2,509 |
|
| 143,602 16,121 15,047 174,770 209,960 |
|
| 154,869 16,121 365,047 536,036 568,161 |
|
| 154,869 154,869 135,813 16,121 365,047 381,168 432,348 |
|
| 154,869 16,121 365,047 536,036 568,161 |
Page 3
Martock Christian Fellowship Notes to the Financial Statements For the year ending 31 December 2023
| Note 1 | Basis of preparation |
|---|---|
| 1.1 Basis of accounting | |
| These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with: | |
| • Accounting and Reporting by Charities – Statement of Recommended Practice (SORP FRS 102); | |
| • and with Accounting Standards | |
| • and with the Charities Act | |
| 1.2 Change in basis of accounting | |
| There has been no change to the accounting policies (valuation rules and methods of accounting) since last year. | |
| 1.3 Changes to previous accounts | |
| No changes have been made to accounts for previous years. | |
| Note 2 | Accounting policies |
| INCOMING RESOURCES | |
| Recognition of incoming resources | These are included in the Statement of Financial Activities (SoFA) when: |
| • the charity becomes entitled to the resources; | |
| • the trustees are virtually certain they will receive the resources; and | |
| • the monetary value can be measured with sufficient reliability. | |
| Incoming resources with related | Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related |
| expenditure | expenditure are reported gross in the SoFA. |
| Grants and donations | Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources. |
| Tax reclaims on donations and gifts | Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate. |
| Volunteer help | The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. |
| Investment income | This is included in the accounts when receivable. |
| Investment gains and losses | This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value |
| at the end of the year. | |
| EXPENDITURE AND LIABILITIES | |
| Liability recognition | Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. |
| Governance costs | Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice |
| to trustees on governance or constitutional matters. | |
| Grants with performance conditions | These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to |
| the grant which remain in the control of the charity. | |
| Support Costs | Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of |
| resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. | |
| ASSETS | |
| Tangible fixed assets | These are capitalised if they can be used for more than one year, and cost at least £200. They are valued at cost or a reasonable |
| value on receipt. | |
| Investments | Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are |
| included at trustees' best estimate of market value. | |
| Stocks and work in progress | These are valued at the lower of cost or market value. |
Page 4
Martock Christian Fellowship Notes to the Financial Statements For the year ending 31 December 2023
Note 3 Analysis of incoming resources
| Donations and Collections Collections Boys' brigade Transforming lives Missionary offerings Acts 2 Fund CAP Youth group offering Use of Premises Use of Chapel The George use of premises Tax Recoverable General fund gift aid Restricted fund gift aid Building fund gift aid Building Fund gifts Building fund direct to no 2 account Coffee Shop Income Coffee shop takings Other Income Special gifts Swym trainee donations SSDC Covid grant and other income Somerset Camp Cowen HCC Fund Other Income |
2023 £ 72,371 355 16,747 2,615 30 176 - 92,295 2,210 8,010 10,220 - 3,388 3,388 40,806 40,806 7,583 200 25 4,414 - - 1,286 13,508 |
2022 £ 76,829 3,578 17,370 17,004 3,851 1,076 - |
|---|---|---|
| 119,709 2,196 8,100 |
||
| 10,296 13,163 1,992 236 |
||
| 15,391 - |
||
| - 29,855 |
||
| 29,855 4,192 745 3,917 1,733 888 1,521 606 |
||
| 13,602 |
Page 5
Martock Christian Fellowship Notes to the Financial Statements For the year ending 31 December 2023
| Note 4 Analysis of resources expended Chapel running costs Maintenance and repairs Cleaner Heat & light Insurance George running costs Maintenance and repairs Cleaner Heat & light Insurance Water charges TV Licence Telephone Mission and ministry expenses Pastor's Wage Assistant pastor Car allowance etc Ministry Catering Speakers expenses Local Activities Lords Work in GB Slovakia Trip Youth activities Boys and girls brigade Administration costs Other Depreciation of fixed assets Church Printing, advertising & other office expenses Telephone & Data Comms Minibus Bank charges IT expenses Subscriptions Charitable Giving Missionary Transfroming lives CAP Acts 2 Somerset camp SWYM Special Governance costs Accountancy Employment expenses Employers Coffee Shop Coffee shop expenses Building project exp. Building Project expenses |
2023 £ 2,119 2,586 453 3,442 8,601 2,995 6,146 7,406 2,971 323 159 1,315 21,314 32,366 31,806 1,972 279 69 1,045 155 - 1,783 4,479 315 74,269 695 1,610 9,165 1,235 - 806 681 2,508 1,284 17,984 6,615 9,958 960 900 2,063 - 2,483 22,978 1,337 653 1,044 3,033 38,855 5,308 |
2022 £ 2,442 4,580 2,124 2,572 |
|---|---|---|
| 11,719 2,179 4,580 4,475 2,572 - - 107 |
||
| 13,914 31,916 13,023 1,680 63 142 855 310 1,500 - - 5,938 |
||
| 55,427 157 1,950 7,865 695 1,422 - 598 299 2,188 |
||
| 15,175 15,159 11,166 960 140 2,250 1,050 8,175 |
||
| 38,900 821 - - |
||
| 821 28,789 4,503 |
Page 6
Martock Christian Fellowship Notes to the Financial Statements For the year ending 31 December 2023
Note 5 Details of certain items of expenditure
5.1 Trustee Expenses
Number of trustees who were paid expenses
Nature of the expenses
2023 2022
-
- Reimbursement of church expenses paid with trustees funds
5.2 Fees for examination or audit of the accounts
| 2023 Independent examiner’s or auditors' fees 1,337 Other fees - (for example: payroll administration, advice, consultancy, accountancy services) paid to the independent examiner or au Note 6 Paid Employees 6.1 Staff Costs Gross wages, salaries and benefits in kind 58,334 Total staff costs 58,334 6.2 Average number of full-time equivalent employees in the year 2023 The parts of the charity in which the employees work Charitable Activities 3 Governance 2 Other 2 Total 7 |
2022 821 - ditor 61,960 |
|---|---|
| 61,960 | |
| 2022 3 2 2 |
|
| 7 |
Page 7
Martock Christian Fellowship Notes to the Financial Statements For the year ending 31 December 2023
| Note 7 Tangible fixed assets 7.1 Cost or valuation Balance brought forward Additions Balance carried forward 7.2 Accumulated depreciation and impairment provisions Balance brought forward Depreciation charge for year Balance carried forward 7.3 Net book value Brought forward Carried forward |
Land & Buildings Fixtures & Equipment Total £ £ £ 350,000 56,122 406,122 - 4,676 4,676 |
|---|---|
| 350,000 60,798 410,798 Straight Line 0% per annum Straight Line 12½% per annum - 47,921 47,921 - 1,610 1,610 |
|
| - 49,531 49,531 |
|
| 350,000 8,201 358,201 350,000 11,267 361,267 |
Note 8 Endowment and restricted income funds
| Missionary Fund Youth Fund Building Fund 8.2 Movements of major funds Fund names General Missionary Building Total Funds |
Restricted fund Designated fund Designated fund Fund bal B/forward Incoming Outgoing Transfers Fund bal C/Forward £ £ £ £ £ 119,987 153,859 186,719 67,741 - 19,386 13,466 2,970 315 - 16,121 434,708 3,388 5,308 67,741 500,529 |
|---|---|
| 568,161 160,218 192,342 - 536,036 |
Page 8
Martock Christian Fellowship Notes to the Financial Statements For the year ending 31 December 2023
| Note 9 Further analysis of resources expended 9.1 Speaker expenses David Herring Richard Coles Ladies Day Other 9.2 Missionary Work - UK Barnabas fund Transorming Lives ACTS 2 CAP Somerset Christian Camps |
2023 120 50 585 290 1,045 2023 - 31,806 9,165 2,586 6,146 49,704 |
2022 - - - - |
|---|---|---|
| 855 | ||
| 2022 - 11,166 140 960 2,250 |
||
| 14,516 |
Page 9