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2023-08-31-accounts

Winslow Christian Fellowship Trustees

Annual Report

1st September 2022 to 31[st ] August 2023

Aim and Purpose

Winslow Christian Fellowship (WCF) is affiliated to the Fellowship of the Independent Evangelical Churches (FIEC).

FIEC is a Fellowship of self-governing independent churches. This is not a denomination that exercises any central control over the churches, but the churches are joined together with a common identity and practice of fellowship which means we work together for the advance of the gospel.

We share our resources to strengthen other churches with a national co-operation amongst our family of churches.

We do all this because we long to see more people come to know Christ as Lord and Saviour across our nation.

We invest in mission and evangelism to ensure that being an FIEC church is associated with being a gospel-driven church.

Objectives and Activities.

The objectives of WCF are the advancement of the Christian Faith locally, in other parts of the UK and the World through communion as the Trustees consider appropriate. This will be carried out in accordance with Winslow Christian Fellowship's Statement of Faith, including values, priorities, practice and leadership standards.

WCF will also undertake in the relief of those in need whether poor, weak or elderly locally, in other parts of the UK and the World as the Trustees consider appropriate.

The objectives will be achieved through the weekly Provision of services of Worship open to all members of the public. These are to be advertised on social media and in the local town magazine.

Weekly recorded talks regarding Christian Faith and values are to be made available locally and internationally, via. the internet.

Regular provision of pastoral care and prayer support for those in need such as the sick, elderly and people with special needs. Regular provision of food, and occasional provision of finance, to support local poor and those in need. All of the above activities are supported and carried out in the main, by around 15 volunteers. These people come from different backgrounds, ages, gender and nationalities. Some of the activities are carried out in partnership with the other churches in the Town. In accordance with the Christian principle of tithing, it is policy of the Church to use 10% of income to issue grants to other charities/Christian organisations or to support known individuals and organisations working abroad or at home in evangelical or outreach positions. The Trustees would like to take this opportunity to thank all the volunteers for their continued help.

Structure, governance and management.

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Governing Document - CIO ASSOCIATION registered 13 March 2017

A Charitable Trust

Trustees appointed by resolution of the trustees in accordance with para. 13 of the Trust Deed.

Formal meetings of the Trustees are held monthly and an annual General meeting is held for all members.

As referenced previously Winslow Christian Fellowship is affiliated to the Federation of Independent Evangelical Churches (FIEC). This organisation provides both advice and practical support. The Church continues to have the benefit of a full time Pastor. This is the only paid member.

Administration details.

Charity number: 1172013 Address: 92 High Street, Winslow, MK18 3DBQ Trustees: Colin Poyntz (Pastor), Susan Sawyer, Michael Hotard, Margaret Martin

Finance report to the end of the 2021-22 Financial Year-- 31st August 2022

General fund

Income

The income into the general fund of the church as recorded in the bank is £51,375 plus a £10,120 Gift Aid Refund. A further Gift Aid Refund to be claimed for the final two months of this financial year will add a further £3,730 to the general fund.

Expenditure

This year’s expenditure was £46,437. The table at the end of this report details that expenditure.

Present reserves

Reserves within the Bank Account as of the 31 August 2023 is £58,327.

Communion Fund

The income into the communion fund of the church as recorded in the bank is £3,326 plus a £368 Gift Aid Refund. A further Gift Aid Refund to be claimed for the final two months of this financial year will add a further £66 to the communion fund.

A list of organisations benefiting with amounts is given at the end of this report.

Manse Fund

The Manse Fund has had no donations this financial year with some expenditure on maintenance.

Fellowship Fund,

Further to a small donation by the Church in Fellowship this fund is now empty.

Weekend Away

2

There is £271 within the Church’s bank account which are deposits for the weekend end away from church members.

OVERALL SUMMARY

FUND As at 1 Sept 22
Income
Expenditure
As at 31 Aug 23
As at 1 Sept 22
Income
Expenditure
As at 31 Aug 23
As at 1 Sept 22
Income
Expenditure
As at 31 Aug 23
As at 1 Sept 22
Income
Expenditure
As at 31 Aug 23
GENERAL
£33,720.79
£61,495.76 £42,589.39
£52,627.16
COMMUNION £283.88 £4,309.62 £3,326.37 £1,267.13
FELLOWSHIP £210.00 £0.00 £210.00 £0.00
MANSE £4,473.75 £0.00 £312.00 £4,161.75
WEEKEND AWAY £0.00 £271.00 £0.00 £271.00
£38,688.42 £66,076.38 £46,437.76 £58,327.04

Relief of the poor and needy and vulnerable / Training and Education.

Locally

The Church continues to support the local Food Bank. Financial and practical help has been given to a local food kitchen for children in the holidays.

Support is given to a local charity which visits schools to aid them in the teaching of Christianity and the exploration of social and personal matters.

Nationally and internationally.

Monthly Communion collections are taken to support other charities, nationally, internationally and local who seek to support vulnerable people with practical and spiritual aid. We continue to support, both financially and in prayer, three workers in Nigeria, Rumania and Romania, all of which, occasionally, make visits to the church.

Members of the Church attend various national, local conferences and celebration days.

Finance

In accordance with Christian principles, we do not seek to store up treasure on earth. However, in order to be prudent, we follow a guideline of holding a bank balance at least sufficient to cover three months average expenditure.

The charity’s income is mainly from voluntary gifts from Church members and supporters. No fundraising activities or trading have been undertaken, hence no costs of generating voluntary receipts or fundraising trading are reported in the financial statements.

The charity owns a house, 92 High Street, in which the Pastor and his family live.

The charity’s expenditure is directed sorely to the objectives stated above.

Donations were made to other charities/Christian organisations to help with relief of the poor, needy and oppressed.

Declarations

The Trustees declare that they have approved the Trustees’ report above.

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Signed on behalf of the charity trustees –

Signature:

Full name:

Position Held: Date:

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Communion Donations

Non
Gift Communion General
Mon Gift Aid 25% Total Aid 25% Total Donation Fund Total Donation to:
£285.0 £356.2 £400.0
Sept £35.00 £8.75 £43.75 0 £71.25 5 £328.75 £71.25 0 FIEC
£320.0 £400.0 £443.7
Oct £35.00 £8.75 £43.75 0 £80.00 0 £363.75 £80.00 5 John and Abi
£318.7 £100.0 £125.0 £443.7
Nov £255.00 £63.75 5 0 £25.00 0 £418.75 £25.00 5 London City Mission
£362.5 £412.5
Dec £290.00 £72.50 0 £40.00 £10.00 £50.00 £402.50 £10.00 0 Sorin Badragon
£331.2 £427.5
Jan £265.00 £66.25 5 £77.00 £19.25 £96.25 £408.25 £19.25 0 Sorin Badragon
£133.7 £668.7 £731.2
Feb £535.00 5 5 £50.00 £12.50 £62.50 £718.75 £12.50 5 Emma Podmore
£118.7 £160.0 £200.0 £318.7
Mar £95.00 £23.75 5 0 £40.00 0 £278.75 £40.00 5 Wycliffe
£162.5 £145.0 £181.2 £343.7
Apr £130.00 £32.50 0 0 £36.25 5 £307.50 £36.25 5 Buckingham Holiday Club
£180.0 £225.0 £293.7
May £55.00 £13.75 £68.75 0 £45.00 0 £248.75 £45.00 5 Release International
£331.2 £498.6 £124.6 £623.2 £954.5
Jun £265.00 £66.25 5 2 6 8 £829.87 £124.66 3 Tear Fund

July & August were donated in November further to the gift aid refund.

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Charity Name

Winslow Christian Fellowship
Charity Name

Winslow Christian Fellowship
Charity Name

Winslow Christian Fellowship
No (if any) CC16a
For the period
from
Period start date
1 Septemebr 22
To Period end date
31 Auigust 23
Section A Receipts and payments
A1 Receipts
Donations
51,375
Communion
Gift Aid reclaimed Donations
10,121
Gift Aid reclaimed Communion
-
Church weekend away
-
-
-
-
61,496
-
-
Sub total -
Total receipts 61,496
A3 Payments
Pastor
26,505
Public Services
10,004
Outreach to Community
864
Administration
380
Donations
4,837
Manse
-
Fellowship
-
Communion Offerings
-
Grants to other funds
-
Sub total 42,589
-
-
Sub total -
Total payments 42,589
Net of receipts/(payments) 18,906
A5 Transfers between funds
-
A6 Cash funds last year end
33,721
Cash funds this year end 52,627
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)
to the nearest £
-
3,941
369
271
-
-
-
4,581
-
-
-
4,581
-
-
-
-
-
312
210
3,326
-
3,848
-
-
-
3,848
732
-
4,968
5,700
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
51,375
3,941
10,121
369
271
-
-
-
66,076
-
-
-
66,076
26,505
10,004
864
380
4,837
312
210
3,326
-
46,438
-
-
-
46,438
19,639
-
38,688
58,327
Last year
to the nearest £
- 51,375 46,150
- 3,941 6,596
- 10,121 -
- 369 -
- 271 -
- - -
- - -
- - -
- 66,076 52,746
- -
- - -
- - -
- 66,076 52,746
- 26,505 24,346
- 10,004 1,684
- 864 3,692
- 380 5,587
- 4,837 -
- 312 1,711
- 210 120
- 3,326 4,620
- - 2,420
- 46,438 44,180
- -
- -
- - -
- 46,438 44,180
732 - 19,639 8,566
- - - -
4,968 - 38,688 33,804
5,700 - 58,327 42,370

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on
behalf of all the trustees
Details
Details
Details
Details
Details
Signature
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
to nearest £
-
-
-
-
-
-
-
-
Agreement Error
Agreement Error
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Print Name
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval

Reportto the trustees Reportto the trustees WinslowChristianFellowship
Onaccountsfortheyear
ended
31'tAugust2A23
Charityno
(ifany)
Setout onpages
Ireport to thetrusteeson myexaminationofthe accountsoftheabove
charity('theTrust") fortheyearended
Responsibilities and Asthecharity's trustees,youare responsible forthepreparationofthe
basisofreport accounts in accordance withtherequirementsoftheCharitiesAct2011
("theAct").
Ireport in respect of myexaminationoftheTrust'saccounts carriedout
undersection145of the 2011Actand in carrying outmyexamination,I
havefollowedalltheapplicable DirectionsgivenbytheCharity Commission
undersection145(5Xb)ofthe Act.