OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Charity Registration Number: 1170915

Parkview Chapel, Botesdale

Receipts & Payments Account

&

Statement of Assets & Liabilities

For the period to 31[st] December 2022

Parkview Chapel, Botesdale

Governing document: Constitution dated 23[rd] December 2016

Charity Registration Number: 1170915

Trustees and Members

Mark Wallace (Chairman) Hendrik du Toit (appointed 19[th] May 2022) Matt Levett David Miles Ella Miles Philip Miles Matt Warnock

Congregational leadership team

Kevin Gladwell Amanda Kirk Andrew Kirk Philip Miles Sarah Partridge

Address: The Street, Botesdale, Diss, Norfolk. IP22 1BX

Bankers: Cooperative Bank

Independent Examiner:

Sarah Place Accountants Ltd, Unit 4B, Boldero Road, Bury St Edmunds, IP32 7BS

Index

Page 1: Legal & Administrative Details Page 2: Trustees Report Page 6: Independent Examiner’s Report Page 7: Receipts and Payments Account Page 8: Statement of Assets & Liabilities Pages 9 to 12: Notes to the Accounts

Ref: PV2022 Trustees report

1 | P a g e

PARKVIEW CHAPEL, BOTESDALE

Trustees Report for the year ended 31 December 2022

The trustees submit their annual report and financial statements for the year ended 31[st] December 2022.

Objects:

The objects of the charity for the public benefit, as per the constitution, are to advance the Christian faith in Botesdale, nearby villages and in such other parts of the United Kingdom or the world as the charity trustees may from time to time think fit.

This can be summarised as:-

Structure, Governance and Management

The charity is ultimately run by the Trustees. The Trustees have the authority to exercise their powers to further the objects of the charity. The Trustees meet at least once a year but delegate the day to day decision making on the running of the Church to the Congregational Leadership Team, one of whom is also a Trustee. The Leadership Team meets monthly to consider the management and pastoral needs of the fellowship.

The charity is established in the name of ‘Parkview Chapel, Botesdale (Reg.Charity No. 1170915) as a ‘Charitable Incorporated Organisation’.

The church: its aims and objectives:

Whilst Parkview Chapel describes a building, the essence of our church life is about ordinary people whose lives have been changed by Jesus Christ, the Son of God and who seek to live according to our understanding of the principles laid down in the New Testament for Christian living. We welcome opportunities to join with other Christians who share this same vision.

Parkview Chapel is a member of the ‘Evangelical Alliance’, ‘Rural Ministries’ and ‘Partnership’; organisations that links together a number of churches that are similar in nature to ourselves.

The year: its objectives and achievements:

During the year ended 31[st] December 2022 the church sought to fulfil its objectives in the following ways, having had regard to the guidance given by the Commission on public benefit, and in particular, the specific guidance on charities for the advancement of religion. During the past year we achieved this by:-

Regular programme

As reported in previous years’ trustees’ report, we have a regular programme of services and other events, with some occurring weekly, some monthly and some annually. The aim of our services and worship is to help those attending put faith into practise through prayer, scripture, music and communion.

Ref: PV2022 Trustees report

2 | P a g e

PARKVIEW CHAPEL, BOTESDALE

Trustees Report for the year ended 31 December 2022 (continued)

Regular programme (continued)

Building Relationships

Serving our community

Trustees

Ref: PV2022 Trustees report

3 | P a g e

PARKVIEW CHAPEL, BOTESDALE

Trustees Report for the year ended 31 December 2022 (continued)

Trustees (continued)

Leadership

Beyond our villages

Premises

Volunteers

Although we have two paid employees, one full time and one part time, much of the work of the charity is undergirded by generous giving of their time by many volunteers.

Health and Safety

Ref: PV2022 Trustees report

4 | P a g e

PARKVIEW CHAPEL, BOTESDALE

Trustees Report for the year ended 31 December 2022 (continued)

Public Benefit

The Trustees have taken account of the Charity Commission's guidance on Public Benefit where appropriate when exercising their powers and duties, planning and reviewing the aims, objectives and activities of Parkview Chapel. Throughout this report, Parkview Chapel has sought to demonstrate the ways that it delivers benefit to the public —whether they are members of our congregation, another church or have no church /religious affiliation.

Statement of Trustees Responsibilities

Charity law requires us as trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.

We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

Serious Incidents

We are thankful to report that there were no serious incidents to be reported during 2022.

Financial Review

Church receipts into the Unrestricted Fund for the period came to £50,087. Much of this is given in a way that makes use of the government Gift Aid scheme to reclaim tax on the gifts as well as the Gift Aid on Small Donations Scheme.

Expenses from the Unrestricted Fund for the period came to £46,014. Overall there was a surplus for the period of £3,473 on the Unrestricted fund.

Regular financial updates are produced for leadership group meetings.

Reserves Policy

It is our aim to maintain free reserves that equate between three and six months of normal expenditure, (£11,000 to £22,000) though there may be rare conditions under which we find that it will be necessary to go below this level. As of 31[st] December 2022 the level of unrestricted reserves were £26,274.

A P Miles Date: 17.04.23

Signed for and on behalf of the Trustees of Parkview Chapel

Ref: PV2022 Trustees report

5 | P a g e

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

PARKVIEW CHAPEL, BOTESDALE

I report to the trustees on my examination of the accounts of Parkview Chapel ('the charity') for the year ended 31 December 2022 on pages 7 to 11 following.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).

I report in respect of my examination of the charity’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 2011 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 giving me cause to believe that in any material respect:

  1. accounting records were not kept in accordance with section 130 of the 2011 Act; or

  2. the accounts do not accord with the accounting records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Sarah Place Accountants Ltd Unit 4B, Boldero Road Bury St Edmunds, IP32 7BS

Ref: PV2022 Trustees report

6 | P a g e

PARKVIEW CHAPEL, BOTESDALE

RECEIPTS AND PAYMENTS ACCOUNT For the year ended 31[st] December 2022

Notes
Restricted
Funds
Unrestricted
Total 2022
Total
2021
Funds
RECEIPTS £ £ £
£
Donations and grants 5,624 45,199 50,823
42,155

Bank interest
62 214 276
11
Dividends on investments - 1,148 1,148
1,124
Rent for use of chapel - 2,062 2,062
960

Friday Club Tuck Shop
- 1,169 1,169
284

Other income
- 295 295
88
5,686 50,087 55,773
44,622
PAYMENTS
Grants and donations 3
94
4,703 4,797
3,108
Wages/salaries 4
3,799
22,622 26,421
25,493

Pension contributions
- 2,052 2,052
1,643
Repairs and maintenance - 886 886
1,407

Lighting and heating
- 3,233 3,233
553

Insurance
- 1,424 1,424
1,312
Telephone and broadband - 794 794
759

Water and sewerage
- 322 322
117

Printing & stationery
- 197 197
162

Professional fees
- 720 720
600
Employee expenses - 1,482 1,482
1,069

Cost of services
- 2,136 2,136
1,767
Youth work - 1,356 1,356
885
Miscellaneous 6
-
1,229 1,229
1,131
Friday Club Tuck Shop - 1,044 1,044
272
3,893 44,200 48,093
40,278
Surplus/ (Deficit) for the year 1,793 5,887 7,680
4,344
Transfers - - -
-
Purchase of equipment 5
(1,386)
(1,814) (3,200)
(747)

Cash balance brought forward 6,406 22,201
28,607
25,010
Cash balance carried forward 6,813 26,274 33,087
28,607

Ref: PV2022 Trustees report

7 | P a g e

PARKVIEW CHAPEL, BOTESDALE

STATEMENT OF ASSETS & LIABILITIES For the period ended 31st December 2022

Cash funds

Current accounts
Deposit accounts
Friday club tuck shop
Cash unbanked at year end
2022
£
3,608
29,018
381
80
33,087
2021
£
5,750
22,596
261
-
28,607

Other Monetary Assets

Gift Aid due 2022
2021
£
£
£
Restricted Unrestricted
Total
524
5,237
4,263
524
5,237
4,263

Investment Assets

Fund
COIF Ethical Investment fund Legacy
COIF Investment fund Designated
2022
2021
£
£
Cost
Value
Value
12,000
14,886
16,998
21,273
22,922
25,938
33,273
37,808
42,936

Non-monetary Assets

Monetary Liabilities

Ref: PV2022 Trustees report

8 | P a g e

PARKVIEW CHAPEL, BOTESDALE

NOTES TO THE ACCOUNTS

For the year ended 31[st] December 2022

1. Basis of accounts

The accounts have been prepared on a ‘receipts and payments’ basis with a statement of assets and liabilities

2. Funds

Restricted Funds

Mission - this is a restricted fund and its purpose is to provide support for Christians in full time work either in the UK or abroad as well as distinct mission work within the church. It has been used to ring fence funds raised through specified offerings in previous years, but during this year most gifts have been made from Unrestricted Funds.

Employment Support is a fund to support those who lack confidence to build a sense of self-worth through employment.

Croatia Mission Trip- this is a restricted fund for the purpose of supporting young people to go on a mission trip to Croatia each summer. Any balance is carried forward to future years.

Legacy - This is as a result of a legacy that came to Parkview Chapel in September 2017.

Designated Fund

Building – this was a fund established on transfer of assets to the CIO in 2019 when the decision was taken to apply the capital and income from this fund to support the ongoing need for building maintenance

Unrestricted Fund

This is an unrestricted fund and its purpose is to meet the day to day running costs of the fellowship including local outreach and pastoral care. From time to time the leaders may choose to transfer some of the funds to support one of the other funds as necessary.

Ref: PV2022 Trustees report

9 | P a g e

PARKVIEW CHAPEL, BOTESDALE

NOTES TO THE ACCOUNTS For the year ended 31[st] December 2022

3. Mission Fund

During this year the following gifts have been made to both individuals and organisations with aims that compatible with this charity.

Gifts made to individuals
Good News for Everyone
Bible Society
Bury Christian Youth (BCY)
Christians Against Poverty (CAP)
Christian Blind Mission
Counties
Echoes International
Fishermens’ Mission
London Institute for Contemporary Christianity (LICC)
Medical Missionary News (MMN)
Premier Praise
Rural Ministries
Sizewell Hall
Sporting ’87
Street Kids Direct
Suffolk Christian Camps
Tools with a Mission
United Christian Broadcasters (UCB(
Waveney Foodbank
2022
£
-
-
60
250
250
150
-
250
75
250
250
250
200
250
200
-
-
-
250
250
2,935
2021
£
930
18
177
-
-
-
200
-
325
-
-
-
200
300
-
200
300
250
-
200
3,100

4. Employees

The charity had two employees to whom the above employment costs refer Payments were made to one of the trustees following their preaching at our services on a number of occasions. Apart from this no other trustee received any payment.

Ref: PV2022 Trustees report

10 | P a g e

PARKVIEW CHAPEL, BOTESDALE

NOTES TO THE ACCOUNTS For the year ended 31[st] December 2022

5. New equipment

equipment
2022 2021
£ £
HP 15.6”laptop 599
External DVD drive 15
Vacuum cleaner 55
Individual communion cups 39
External mirror 28
Wii controller 11
9 LED ceiling lights 850 -
4 UPVD replacement windows 1,000 -
Sony ZV-1 Vlogging camera 699 -
2 x 6 lt water extinguishers 144 -
Table tennis table; indoor football goals 435 -
Fire Safety signs 72 -
3,200 747

6. Miscellaneous

. Miscellaneous
2022 2021
£ £
TV licence 159 159
Evangelical Alliance subscription 90 90
Partnership subscription 60 50
CCPAS payment 141 129
Christian Copyright Ltd subscription 273 258
Liberty Accounts 187 186
Church logo - 47
Information Commissioners Office 35 35
Bank charges 39 (95)
Website hosting 24 189
Other 221 83
1,229 1,131

Ref: PV2022 Trustees report

11 | P a g e

PARKVIEW CHAPEL, BOTESDALE

NOTES TO THE ACCOUNTS For the year ended 31[st] December 2022

Movement of Funds

The restricted funds represent amounts received for specific purposes and the movements in the year are as follows:

Restricted funds Balance at Receipts Payments Transfers Balance at
01.01.22 31.12.22
£ £ £ £ £
Mission Fund - 94 94 - -
Employment Support 4,765 5,576 3,799 - 6,542
Croatia Mission Trip 269 2 - - 271
Legacy 1,372 14 1,386 - -
6,406 5,686 5,279 - 6,813
Unrestricted Funds
Designated – Building - 684 1,064 380 -
Unrestricted – General 22,201 49,403 44,950 (380) 26,274
22,201 50,087 46,014 - 26,274

Ref: PV2022 Trustees report

12 | P a g e