Faversham Gospel Mission Charity registration number 1171357 Trustees Annual Report 1 April 2023- 31 March 2024 Aims and Objectives 'For the public benefrt, to advance the Christian faith in Faversham, Kent and such other parts of the United Kingdom and the world as the Charrty Trustees may from time to time decide., Structure and organisational relationships Founded in the 1880s, in 2017 the Mission became a Charitable Incorporated Organisation whose only voting members are its charrty trustees. The spiritual leaders, deacons and trustees meet regulady. The Mission is a member body of the Evangelical Allian￿, and we are active within Churches Together in Faversham. Summary of main activities We continued lo hold a worship and teaching Servi￿ every Sunday moming, with Communion monthly. Numbers attending remained around 2540, There were regular prayer meetings and occasional special events. All church activities were open to all without any charge. Practical and pastoral support has continued to be provided to any in need, confidentially and without charge. From the proceeds of the sale of the Manse in 2019, an extraordinary grant of £50,000 was made to Uganda Concem UK to fund the provision of a brand new Toyota Land Cruiser for their rural work in Uganda. Similarly. preparations began to fund a Major renovation of the church building, work to begin in May 2024. We continued to host the town's Trussell Foodbank. Salvation Amiy volunteers working informally alongside us held meetings and developed their Gommunity wardrobe. Ever sin the 1880s we have been home to the now-named Faversham Mission Brass, storing instruments and providing weekly rehearsal spa￿. A community choir a150 used the hall most weeks for rehearsal. These communty activtties demonslrate how the trustees continually have regard for the Charity Commission guidance on public benefrt. Financial review Believing in 'every member ministry, we have no paid slaff. We do not fundraise, and re￿1ve no grants from govemment or other SoUr￿s. Only very exceptionally do we make grants. Our receipts and payments accounts for the year show income of £33,795 and expenditure of £80,375, the deficit being £46,580 During the year we made regular disbursements to six Christian organisations, totalling £3,879. To protect assets we continued to hold sums of £85,000 (the maximum FSA guarantee) in hyo Christian banks. These have earned modest amounts of interest, but we also recognise the spintual investment. No funds are held as custodian trustees on behalf of others. We have a fomial reserves poli￿ of a￿yS holding a minimum of three months, average expenditure. Despite recurring annual deficits of income over expendlture, we have no short- or medium-term concems about the Mission's finan￿al stabilty. There is no un￿rtaintY about the charity continuing as a going concem. Reference and administrative details Name". Faversham Gospel Mission Registered charity number: 1171357 Principal address: Tanners Street. Faversham ME13 7JL Names of trustees managing the charity: Amanda Jane Eason David Andrew Napier Fergusson James Sidney Ransom Geoffrey Stuart Sandrford During their time in office, all trustees held title to the property belonging to the charity. There are no corporate trustees. Declarations The trustees declare that they have approved the trustees, report above Signed on behalf of the charity's trustees Signature(s) Full name: David Andrew Napier Fergusson Position: Chair Full name: Position: Trustee Date Faversham Gospel Mission Tanners Street, Faversham, ME13 7JL Charity No.. 1171357 Receipts and Payments Accounts for 1st April 2023 to 31st March 2024 Receipts including from NatWes( Kingdom Bank & Reliance Bank Offerings-. Sunday seryices, etc Stewardship including Gift Aid Regular standing orders Bank interest Refund electri¢ity Foodbank Faversham Mission Brass Building hire donation Lent lunches Ladies Craft Group 2023124 6167 9862 2440 4604 1545 7617 1200 150 160 50 33795 2022123 Total 24602 Pxyments not from KiD8dom Bank & Relian¢e BaDk Gas El¢¢lricity Phone & broadband Water Repairs & maintenance Disbursements Extraordinary grant to UCUK for purchase of vchicle Speakers, expenses Contract cleaners Copvright licence Evangelical Alliance ACAT 31=8 2820 225) 578 11461 3879 50000 290 3713 384 loo 22 244 Insurance CTIF 160 199 1500 219 30 40 51 113 368 22 151 80375 Building cOnsul￿10n fees Pastor's conference fec & trdvel expense Public address equipment Furniture Office exEtnse Kitchen & janitoriaI NIV bibles Sunday s¢hool material Outreach (Folk in Church & Walk Through the Bible) Total 29467 Deficit of ineome over expenditure £46580 Faversham Gospel Mission Tanners Street, Faversham, ME13 7JL Charity No- 1171357 Funds held 31 March 2024 31 March 2023 Natwest Bank Kingdom Bank Reliance Bank £99,189 89,369 42.734 £231,292 £105,322 86,421 Totals £277,822 Dated . Chair of Trustees Treasurer Report of the independent examiner to the trustees of Faversham Gospel Mission st on the accounts for the vear ended 31 March 2024 Respective responsibi]iti¢s of trustees examiDer The churcb"'s trustees are responsible for the preparation of the accounts. The church's trustees consider that an audit is not required for this N"ear under section 144 of the Charfftties Act 2011 (the Chariries Act) and that an independeni &¥amination is needed. It is my responsibiliti? to: examine the accounts under section 14) of the Charities Act. to folloTh the procedures laid doiii) in the general directions ?iTr'en b!, the Chariti, CommissÈon under section 145(i)(b) of the Charities Act: and to state iihether particular marters hai'e come to ms attention. Basis of independent examiner's statejnent MJ examination carried out in accordance Mith the geneTal directions given bj the Chariti, Commission. An examination includes a lei.le￿ of the accountin(¥ records kepi b)" the chariry and a comparison of the accounts presented ￿1th th0￿ records. Ii also includes consideration of ani unusual items or disclosures in the accounts: and seeking explanations from the trustees concerning any such matters. The procedures undeTraken do not proi.'ide all the evidence that i¥ould be required in an audit and consequentEN no opinion is given as to .hether the accounts present a'trne and fair N"iew' and the report is limited to those rnatters set out in the statement below. Independent eraminer's statement In connection Vwith rny examination: no Material marters haNe come to attention w.hich g2ve me cause to belieN'e that in an!, material respect: accounting records ￿Ere not kepi in accordance ￿7th section 130 of the Charities Act or the accounts do not accord iiith the accounting records. I hal'e come across no other matters in connection Mith the examination to Mthich attention should be dra￿￿ in order to enable a proper understanding of the accounts to be reached. Kate Martin (Church member: Faverskn Baptist Church) 3, Capel Road Fav¢L3ham. Kent. MEI J 8RL IQ September 20?4