**St James' Church Lockleaze A Charitable Incorporated Organisation**
**Unaudited annual report and financial statements Year ended 31 December 2023**
**St James' Church Lockleaze A Charitable Incorporated Organisation Unaudited annual report and financial statements Year ended 31 December 2023**
The Trustees present their report and the financial statements for the year ended 31 December 2023.
## **Charitable status**
St James' Church Lockleaze is a Charitable Incorporated Organisation established by a constitution dated 2 May 2017. It was registered as a charity on 2 May 2017, charity number 1172817.
The Trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission.
## **Trustees**
The following individuals have been trustees from 1 January 2023 to 31 December 2023
Revd David Jeal Mr Jocelyn Moule Mrs Joanna Moule
## **Church address**
St Mary Magdalene with St Francis Church, Gainsborough Square, Lockleaze, Bristol, BS7 9XA
## **Registered address**
Narrow Quay House, Narrow Quay, Bristol, BS1 4QA
## **Bankers**
The Co-operative Bank
## **Independent examiner**
Adam Coupland
## **Aims**
The aims of St James' as set out in the constitution are as follows:
The furtherance of religious or secular public education
The advancement of the Christian faith including missionary activities in the United Kingdom and overseas and also including but not limited to the planting of new churches and organisation of congregations
The relief of the poor and the needy
The relief of the sick and the elderly
Such other charitable objects and for the benefit of such other charitable bodies and institutions as the trustees in their absolute discretion see fit.
## **Achievement and performance**
In the year to 31 December 2023 the trustees have worked with members of the congregation to develop and sustain a worshipping community that supports the area of Lockleaze and the wider community.
Revd Rob Smith was licensed as curate in charge at St Mary Magdalene with St Francis and leader of St James' church
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**St James' Church Lockleaze A Charitable Incorporated Organisation Unaudited annual report and financial statements Year ended 31 December 2023**
## **Post Balance Sheet Events**
Due to the continued generosity of the congregation, the trustees do not have concerns for the ability of the church to meet its liabilities as they fall due.
## **Relationships with other groups, charities and individuals**
The Diocese of Bristol pays the salary of Revd Rob Smith.
## **Risk Management**
As a body responsible for the safety and well-being of those worshipping, the trustees adopt policies and take measures to minimise the risks involved. The trustees adhere to and implement the provisions of legislation and current good practice.
The major risks to which the trustees are exposed and the systems to mitigate those risks are as follows:
Physical risks to congregation and staff which are dealt with through the regular review of the Health and Safety policy and practice.
Maintaining ‘Safe From Harm’ policies to protect children and vulnerable adults from potential abuse, including appointment procedures and training.
Church finances which are carefully administered to optimise income and control expenditure.
The short term nature of its revenue funding, with steps being taken continually to ensure that funding continues.
Operating risks, with cover for public liability, office and buildings insurances.
## **Trustees responsibility for the financial statements**
The law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the CIO and of its income and expenditure for that period. In preparing those financial statements, the Trustees are required to:
- -Select suitable accounting policies and then apply them consistently.
- -Make judgments and estimates that are reasonable and prudent.
- -Prepare the financial statements on the going concern basis unless this is inappropriate.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the CIO and to enable them to ensure that the financial statements comply with the relevant legislation. They are also responsible for safeguarding the assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Reserves Policy**
The trustees aim to maintain reserves in unrestricted funds at a level that will allow sufficient funds to be available to respond to charitable activities as they arise and also to ensure that support and governance costs can be met as they fall due. The reserves are reviewed at regular finance committee meetings. The balance held as unrestricted funds at the year end was £8,801 (2022£58,586).
Approved by the trustees on and signed on their behalf by11 September 2024 Jocelyn Moule
## **Chair of the Trustees**
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**St James' Church Lockleaze Independent Examiners Report To the trustees of St James' Church Lockleaze**
I report to the trustees on my examination of the accounts of St James' Church Lockleaze for the year ended 31 December 2023.
## **Responsibilities and basis of report**
As the Trustees of St James' Church Lockleaze you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ( the Act). The trustees consider that an audit is not required for this year and that an independent examination is needed.
It is my responsibility to
- examine the accounts under section 145 of the Act
- to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b)
- to state whether particular matters have come to my attention
## **Basis of Independent examiners report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.
## **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 respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records.
I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Adam Coupland 23/05/2024
Adam Coupland FCA 12b Flaxbourton Rd Failand Bristol BS8 3UW
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## **St James' Church Lockleaze A Charitable Incorporated Organisation Year ended 31 December 2023 Receipts and payments account**
||||**2023**|||**2022**||
|---|---|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**||
||**note**|**Funds**|**Funds**|**Funds**|**Funds**|**Funds**|**Total Funds**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|**Receipts**||||||||
|Donations grants and legacies|2|32,305|56,000|88,305|20,182|19,080|39,262|
|Other activities to generate funds|3|155|42|197|1,400|20|1,420|
|||32,460|56,042|88,502|21,582|19,100|40,682|
|**Payments**||||||||
|Raising funds|4|110|-|110|-|-|-|
|Charitable activities|5|14,636|144,782|159,418|12,571|5,714|18,285|
|||14,746|144,782|159,528|12,571|5,714|18,285|
|Net surplus/(deficit)||17,714|(88,740)|(71,026)|9,011|13,386|22,397|
|**Transfers**||||||||
|Gross transfers between funds||(67,499)|67,499|-|222|(222)|-|
|Net surplus||(49,785)|(21,241)|(71,026)|9,233|13,164|22,397|
|**Reconciliation of Funds**||||||||
|Cash funds brought forward||58,586|21,241|79,827|49,353|8,077|57,430|
|Cash funds carried forward||8,801|-|8,801|58,586|21,241|79,827|
All incoming resources and resources expended derive from continuing activities.
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## **St James' Church Lockleaze A Charitable Incorporated Organisation 31 December 2022 Statement of assets and liabilities**
|**St James' Church Lockleaze**
**A Charitable Incorporated Organisation**
**31 December 2022**
**Statement of assets and liabilities**|||
|---|---|---|
|**Note**
**Cash funds**
Cash at bank and in hand
**Total funds**
**The funds of the charity**
**Restricted funds**
**7**
**Unrestricted funds**
**7**
**Other Monetary assets**
Gift aid tax to be reclaimed
**Assets retained for the church's own use**
IT Equipment
Youth club equipment
Cupboard
Gardening equipment
Furnishing and fittings|**2023**
**£**
8,801
8,801
-
8,801
8,801
4,171
1,240
534
343
466
3,064
5,647|**2022**|
|||**£**
79,827|
|||79,827|
|||21,241
58,586|
|||79,827|
|||3,965|
|||2,071
534
-
-
3,215|
|||5,820|
Approved by the trustees and signed on their behalf by
…………………………………………………. ………………………………………………..
Date 11 September 2024
Page 5
**St James' Church Lockleaze A Charitable Incorporated Organisation Year ended 31 December 2023 Notes to the Unaudited annual report and Financial statements**
**4**
## **1 Accounting policies**
## **Basis of preparation**
The Financial Statements are prepared on a receipts and payments basis.
## **Taxation**
The charity is exempt from tax as it has no taxable activities. Irrecoverable VAT borne by the charity is included in the cost of the item to which it relates.
## **Going concern**
The trustees consider that there are no material uncertainties about their ability to continue as a going concern.
Although the impact of covid19 is still uncertain the congregation of the church has continued to support the work of the church by their committed giving. The trustees consider that there are no uncertainties about their ability to continue as a going concern as a result of the pandemic or any other matters.
## **Fixed assets**
The fixed assets shown on page 5 represent the cost of assets currently used by the church. Assets are removed once they have been disposed of.
## **2**
## **Donations grants and legacies**
|Committed Giving
Sundry donations and grants
Gift Aid tax reclaim|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**£**
**£**
18,180
-
18,180
16,352
-
16,352
10,160
56,000
66,160
235
19,080
19,315
3,965
-
3,965
3,595
-
3,595
32,305
56,000
88,305
20,182
19,080
39,262
**2023**
**2022**|
|---|---|
## **3 Other activities to generate funds**
|Hire of Church
Sale of Hoodies
Sale of cookery book|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**£**
**£**
-
-
-
1,400
-
1,400
155
-
155
-
-
-
-
42
42
-
20
20
155
42
197
1,400
20
1,420
**2022**
**2023**|
|---|---|
## **Raising Funds**
|**Raising Funds**|||||||
|---|---|---|---|---|---|---|
|||**2023**|||**2022**||
||**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**||
||**Funds**|**Funds**|**Funds**|**Funds**|**Funds**|**Total Funds**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Purchase of items for sale|110|-|110|-|-|-|
||110|-|110|-|-|-|
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**St James' Church Lockleaze A Charitable Incorporated Organisation Year ended 31 December 2023 Notes to the Unaudited annual report and Financial statements**
## **5 Charitable activities**
|Salaries
Insurance
Food and drink
Telephone
Travel
Subscriptions and training
Printing and stationery
Craft and service supplies
Cleaning supplies
Repairs
Web site
Youth activities
Equipment acquired
Portacabin
Sundry
Planning
Professional fees|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**£**
**£**
5,031
19,740
24,771
288
4,545
4,833
237
-
237
230
-
230
1,263
-
1,263
1,115
-
1,115
595
-
595
545
-
545
226
-
226
-
-
-
100
-
100
140
-
140
33
-
33
145
-
145
-
-
-
-
-
-
497
-
497
319
-
319
166
-
166
-
-
-
1,996
-
1,996
5,164
-
5,164
233
-
233
215
-
215
2,140
-
2,140
2,816
858
3,674
1,819
-
1,819
1,406
-
1,406
-
125,042
125,042
-
-
-
-
-
-
-
311
311
300
-
300
188
-
188
14,636
144,782
159,418
12,571
5,714
18,285
**2023**
**2022**|
|---|---|
**6 Employee's remuneration**
The average number of persons employed by the charity during the year was as follows:
|Youth worker
Cleaner and administrator|2023
2022
1
1
1
-|
|---|---|
||2
1|
The aggregate payroll costs of these staff were as follows:
|The aggregate payroll costs of these staff were as follows:||
|---|---|
|Youth worker
Administrator
Cleaner
Pension contributions|2023
2022
£
£
19,416
4,545
3,880
-
1,151
200
324
88|
||24,771
4,833|
No employees were paid more than £60,000 in the year by the Trustees
The trustees are considered the key management personnel of the charity. No trustee was paid any remuneration or working expenses during the year in their capacity as trustees.
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**St James' Church Lockleaze A Charitable Incorporated Organisation Year ended 31 December 2023 Notes to the Unaudited annual report and Financial statements**
## **7 Reserves**
|**Restricted Funds**
Sports and Football
Youth building
Youth fund
**Unrestricted Funds**
General fund|**At 31**
**December**
**2022**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**At 31**
**December**
**2023**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
12,619
45,042
125,042
(67,381)
-
8,622
11,000
19,740
(118)
-
21,241
56,042
144,782
(67,499)
-
58,586
32,460
14,746
67,499
8,801
79,827
88,502
159,528
-
8,801|
|---|---|
## **Restricted Funds**
Football for the support of the St James football team in whatever manner is seen fit by the trustees.
Youth building Grants initially given by the Gloucester Historic Church Trust for the purpose of building a structure to house/support activities to benefit the young people in the Sunday School of St James' Church Lockleaze.During the year the portacabin has been ordered and a deposit paid. At the year end the building had not been delivered.
Youth fund to be used for the purpose of youth work in Lockleaze including paying the salary of a youth leader
Page 8