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2024-12-31-accounts

Charity Registration Number: 1170915

Parkview Chapel, Botesdale

Receipts & Payments Account

Statement of Assets & Liabilities

For the period to 31 December 2024

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 Sarah Jane Harknett

Congregational leadership team

Kevin Gladwell Amanda Kirk Andrew Kirk Philip Miles Sarah Partridge (Resigned December 2024)

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 2024

The Trustees submit their annual report and financial statements for the year ended 31 December 2024.

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 2024 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;

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Parkview Chapel, Botesdale

Trustees Report for the year ended 31 December 2024

and communion; and to meet people in our community, to build relationships, and ultimately to introduce them to Jesus:

Children’s And Youth Work;

Events;

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Parkview Chapel, Botesdale

Trustees Report for the year ended 31 December 2024

Serving Our Community;

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

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Parkview Chapel, Botesdale

Trustees Report for the year ended 31 December 2024

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.

The rotating programme of reviewing key policies on an annual basis was undertaken and adjustments to either the policy or its implementation were made as required.

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 10

Premises

Two 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 just one paid employee, 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.

A review of the Health & Safety policy was completed and adjustments made to our operations as deemed necessary, one of which was the production of COSHH sheets for various cleaning agents and other chemicals used around the premises. A renewed effort to complete an inspection of the premises and record those findings on a checklist was initiated.

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.

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Parkview Chapel, Botesdale

Trustees Report for the year ended 31 December 2024

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 2024.

Financial Review

Church receipts into the Unrestricted Fund for the period came to £47,942. 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 £50,277. Overall, there was a deficit for the period of £2,335 on this 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 2024, the level of unrestricted reserves was £28,178. 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: 22[nd] May 2025

Signed for and on behalf of the Trustees of Parkview Chapel

Page 6

Parkview Chapel, Botesdale

Receipts and Payments Account for the year ended 31 December 2024

I report to the Trustees on my examination of the accounts of Parkview Chapel ('the Charity') for the year ended 31 December 2024 on pages 8 to 12..

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

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Parkview Chapel, Botesdale

Receipts and Payments Account for the year ended 31 December 2024

RECEIPTS AND PAYMENTS ACCOUNT For the year ended 31[st] December 2024

Notes Restricted
Unrestricted

Total
2024
Total
2023
Funds Funds
Receipts £ £ £
£
Donations and grants 4,578 37,210 41,788
46,157

Bank interest
258 1,376 1,634
1,322
Dividends on investments - 1,173 1,173
1,154
Rent for use of chapel - 5,363 5,363
3,685
Friday Club Tuck Shop - 2,060 2,060
1,411

Other income
- 760 760
1,595
4,836 47,942 52,778
55,324
Payments
Grants and donations 3 5,500 5,235 10,735
4,106
Wages/salaries 4 1,075 25,568 26,643
29,689

Pension contributions
- 2,141 2,141
2,020
Repairs and maintenance - 671 671
83
Lighting and heating - 4,373 4,373
2,396

Insurance
- 1,503 1,503
1,478
Telephone and broadband - 522 522
719
Water and sewerage - 287 287
291

Printing & stationery
- 345 345
185

Professional fees
- 360 360
337
Employee expenses - 1,669 1,669
1,610

Cost of services
- 2,966 2,966
2,727
Youth work - 1,412 1,412
1,298
Miscellaneous 5 - 1,685 1,685
1,843
Friday Club Tuck Shop - 1,321 1,321
1,375
6,575 50,058 56,633
50,157
Surplus/ (Deficit) for the year (1,739) (2,116) (3,855)
5,167
Transfers 100 (100) -
-
Purchase of equipment 6 - (119) (119)
(558)

Cash balance brought forward 7,183 30,513
37,696
33,087
Cash balance carried forward £ 5,544
£ 28,178
£ 33,722
£ 37,696

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Parkview Chapel, Botesdale

Statement of Assets & Liabilities As at 31 December 2024

Cash funds

Current accounts
Deposit accounts
Friday club tuck shop
Cash unbanked at year end
2024
£
5,683
27,256
641
142
£ 33,722
2023
£
5,357
31,470
572
296
£ 37,695

Other Monetary Assets

Gift Aid due
Debtors
2024
2023
£
£
£
Restricted
Unrestricted
Total
737
2,542
3,842
-
140
-
£737
£2,682
£3,842

Investment Assets

Investment Assets
Fund
COIF Ethical Investment fund Legacy
COIF Investment fund Designated
2024
2023
£
£
Cost
Value
Value
12,000
16,797
16,348
21,273
25,593
25,028
£33,273
£42,390
£41,376

Non-monetary Assets

Monetary Liabilities

Parkview Chapel, Botesdale

Notes to the Accounts For the year ended 31 December 2024

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 established to support those who lack confidence to build a sense of self-worth through employment. However in the course of 2024 it became apparent that there is no immediate prospect of it being used for that purpose and following discussions with the donor those funds are being repurposed.

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.

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Parkview Chapel, Botesdale

Notes to the Accounts For the year ended 31 December 2024

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)
Counties
East Anglian Air Ambulance
Echoes International
Farming Community Network
Fishermens’ Mission
Rural Ministries
Sizewell Hall
Sporting ’87
Street Kids Direct
Suffolk Christian Camps
Sunnybrook Christian Trust (Amano School))
To Kenya With Love
Tools with a Mission
Walk the Walk
Waveney Foodbank
2024
£
3,000
-
200
200
69
200
88
-
200
200
-
200
200
683
2,000
200
200
1,164
8,804
2023
£
50
121
150
150
150
-
100
150
150
-
200
150
-
-
100
-
680
2,151

Included in the total of £10,735 of ‘Grants and Donations’ listed in the ‘Receipts and Payments Account’ are £1,931 of donations passed from funds raised at the monthly ‘Coffee on the Corner’.

£1,350 was paid to visiting speakers and is included under ‘Costs of Services’ in ‘Receipts and Payments Account’.

4. Employees

Up to the end of March the Charity had two employees to whom the above employment costs refer, but from April that went down to one following the resignation of one

Payments were made to three of the trustees following their preaching at our services on a number of occasions. Apart from this no other trustee received any payment.

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Parkview Chapel, Botesdale

Notes to the Accounts For the year ended 31 December 2024

5. Miscellaneous

TV licence
Evangelical Alliance subscription
GLO subscription
Thirtyoneeight payment
Christian Copyright Ltd subscription
Liberty Accounts
Information Commissioners Office
Bank charges
Website hosting
Stock of hoodies & tee shirts
Other
equipment
2024 2023
£ £
6 LED ceiling lights - 447
Fire blanket - 30
6 lt water extinguisher - 81
3 chairs 20 -
Hi Sense microwave oven 99 -
£119 £558

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
01.01.24
Receipts
Payments
Transfers
Balance
at
31.12.24
£
£
£
£
£
6,902
4,822
6,575
100
5,250
281
13
-
-
294
-
-
-
-
-
7,183
4,835
6,575
100
5,544
123
702
671
-
154
30,390
47,239
49,505
(100)
28,024
30,513
47,942
50,176
(100)
28,178

Page 12