OpenCharities

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

2023-12-31-accounts

Charity Registration Number: 1170915

Parkview Chapel, Botesdale

Receipts & Payments Account

Statement of Assets & Liabilities

For the period to 31 December 2023

Parkview Chapel, Botesdale

Index

Page 1: Legal & Administrative Details

Pages 2 to 5: Trustees Report

Page 6: Independent Examiner’s Report Page 7: Receipts and Payments Account Page 8: Statement of Assets & Liabilities Pages 9 to 11: Notes to the Accounts

Parkview Chapel, Botesdale

Legal & Administrative Details

Governing document:

Constitution dated 23 December 2016

Charity Registration Number

1170915

Trustees and Members

Mark Wallace (Chairman) Hendrik du Toit Matt Levett David Miles Ella Miles Philip Miles Matt Warnock Emma Denton (appointed 18 May 2023) Sarah Jane Harknett (appointed 18 May 2023)

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

Page 1

Parkview Chapel, Botesdale

Trustees Report for the year ended 31 December 2023

The Trustees submit their annual report and financial statements for the year ended 31 December 2023.

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 us.

The year: its objectives and achievements:

During the year ended 31 December 2023 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. Below is a summary of how we achieved this in the past year.

Regular programme

Page 2

Parkview Chapel, Botesdale

Trustees Report for the year ended 31 December 2023

Regular programme (continued)

Building Relationships

Serving our community

Page 3

Parkview Chapel, Botesdale

Trustees Report for the year ended 31 December 2023

Trustees

The Trustees met twice during the year, May and November, and were kept informed by circulation of the minutes of the monthly leadership team meetings in the intervening months.

Their continuing support and guidance are greatly valued by the congregational leadership team.

During the year two new trustees were appointed and on appointment was issued with a copy of the Charity’s constitution, the Charity Commission guidance – ‘ The essential trustee’ and the Trustees’ Report and Accounts for 2022

Leadership

The congregational leadership team meets monthly to consider matters relating to the life of the church. Each month financial updates are circulated so that finances can be monitored.

During the year 2 sub-groups of the team met, one to consider finance matters and the other safeguarding.

A rotating programme of reviewing key policies on an annual basis was instigated; by the end of the year this had been completed for GDPR and Safeguarding; the review of the Health and Safety policy was close to finalisation.

Beyond our villages

Contributions continue to be collected for the Waveney Foodbank and delivered to their premises. Gifts were passed to a number of bodies whose work has similar aims to Parkview Chapel, and details of these gifts can be found in Note 3 to the accounts on page 11

Premises

Six replacement LED lights were installed to replace the previous fluorescent lights. These will be more energy efficient and thereby reduce electricity consumption.

Four UPVC replacement windows have been installed during the year by skilled volunteers who willingly give of their time and skills to serve our community.

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

Our safeguarding lead and her deputy have worked this year to continue to update DBS checks on trustees and volunteers as necessary and are looking to further review the safeguarding policy in the light of updated guidance.

Page 4

Parkview Chapel, Botesdale

Trustees Report for the year ended 31 December 2023

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 2023.

Financial Review

Church receipts into the Unrestricted Fund for the period came to £48,825. 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 £44,586. Overall, there was a surplus for the period of £4,239 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 December 2023, the level of unrestricted reserves was £30,513. This is above the level as per the reserves policy but with a building that is nearly 40 years old a programme of refurbishment is currently underway as described above which will impact expenditure.

A P Miles Date: 17.04.24

Signed for and on behalf of the Trustees of Parkview Chapel

Page 5

Parkview Chapel, Botesdale

Receipts and Payments Account for the year ended 31 December 2023

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

Page 6

Parkview Chapel, Botesdale

Receipts and Payments Account for the year ended 31 December 2023

RECEIPTS AND PAYMENTS ACCOUNT For the year ended 31[st] December 2023

Notes Restricted
Unrestricted

Total
2023
Total
2022
Funds Funds
Receipts £ £ £
£
Donations and grants 6,252 39,905 46,157
50,823

Bank interest
247 1,075 1,322
276
Dividends on investments - 1,154 1,154
1,148
Rent for use of chapel - 3,685 3,685
2,062

Friday Club Tuck Shop
- 1,411 1,411
1,169

Other income
- 1,595 1,595
295
6,499 48,825 55,324
55,773
Payments
Grants and donations 3 - 4,106 4,106
4,797
Wages/salaries 4 5,573 24,116 29,689
26,421

Pension contributions
- 2,020 2,020
2,052
Repairs and maintenance - 83 83
886

Lighting and heating
- 2,396 2,396
3,233

Insurance
- 1,478 1,478
1,424
Telephone and broadband - 719 719
794

Water and sewerage
- 291 291
322

Printing & stationery
- 185 185
197

Professional fees
- 337 337
720
Employee expenses - 1,610 1,610
1,482

Cost of services
- 2,727 2,727
2,136
Youth work - 1,298 1,298
1,356
Miscellaneous 5 556 1,287 1,843
1,229
Friday Club Tuck Shop - 1,375 1,375
1,044
6,129 44,028 50,157
48,093
Surplus/ (Deficit) for the year 370 4,797 5,167
7,680
Transfers - - -
-
Purchase of equipment 6 - (558) (558)
(3,200)

Cash balance brought forward 6,813 26,274
33,087
28,607
Cash balance carried forward £ 7,183
£ 30,513
£ 37,696
£ 33,087

Page 7

Parkview Chapel, Botesdale

Statement of Assets & Liabilities As at 31 December 2023

Cash funds

Current accounts
Deposit accounts
Friday club tuck shop
Cash unbanked at year end
2023
£
5,357
31,470
572
296
£ 37,695
2022
£
3,608
29,018
381
80
£ 33,087

Other Monetary Assets

Gift Aid due 2023
2022
£
£
£
Restricted
Unrestricted
Total
1,113
2,729
5,761
£1,113
£2,729
£5,761

Investment Assets

Investment Assets
Fund
COIF Ethical Investment fund Legacy
COIF Investment fund Designated
2023
2022
£
£
Cost
Value
Value
12,000
16,348
14,886
21,273
25,028
22,922
£33,273
£41,376
£37,808

Non-monetary Assets

Monetary Liabilities

Parkview Chapel, Botesdale

Notes to the Accounts For the year ended 31 December 2023

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

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. Due to a variety of factors this has not taken place in recent years, but it is anticipated that it could at some future date.

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.

Page 9

Parkview Chapel, Botesdale

Notes to the Accounts For the year ended 31 December 2023

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
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
2023
£
50
121
150
-
-
150
150
100
-
-
-
150
150
-
200
150
100
-
680
2,151
2022
£
-
60
250
250
150
-
250
75
250
250
250
200
250
200
-
-
-
250
250
2,935

Included in the total of £4,106 of ‘Grants and Donations’ listed in the ‘Receipts and Payments Account’ are £1,955 of donations passed from funds raised at the monthly ‘Coffee on the Corner’.

£1,225 was paid to visiting speakers and is included under ‘Costs of Services’ in ‘Receipts and Payments Account’.

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.

Page 10

Parkview Chapel, Botesdale

Notes to the Accounts For the year ended 31 December 2023

5. Miscellaneous

TV licence
Evangelical Alliance subscription
Partnership subscription
Thirtyoneeight payment
Christian Copyright Ltd subscription
Liberty Accounts
Information Commissioners Office
Bank charges
Website hosting
GLO subscription
Other
equipment
TV licence
Evangelical Alliance subscription
Partnership subscription
Thirtyoneeight payment
Christian Copyright Ltd subscription
Liberty Accounts
Information Commissioners Office
Bank charges
Website hosting
GLO subscription
Other
equipment
TV licence
Evangelical Alliance subscription
Partnership subscription
Thirtyoneeight payment
Christian Copyright Ltd subscription
Liberty Accounts
Information Commissioners Office
Bank charges
Website hosting
GLO subscription
Other
equipment
TV licence
Evangelical Alliance subscription
Partnership subscription
Thirtyoneeight payment
Christian Copyright Ltd subscription
Liberty Accounts
Information Commissioners Office
Bank charges
Website hosting
GLO subscription
Other
equipment
2023 2022
£ £
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
6 lt water extinguisher 81 -
Fire blanket 30 -
6 LED ceiling lights 447 -
£558 £3,200

6 New equipment

Movement of Funds

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

Restricted funds
Employment Support
Croatia Mission Trip
Legacy
Unrestricted Funds
Designated – Building
Unrestricted – General
Balance at
01.01.23
Receipts
Payments
Transfers
Balance
at
31.12.23
£
£
£
£
£
6,542
6,489
6,129
-
6,902
271
10
-
-
281
-
-
-
-
-
6,813
6,499
6,129
-
7,183
-
687
641
77
123
26,274
48,138
43,945
(77)
30,390
26,274
48,825
44,586
-
30,513

Page 11