2021-12-31-accounts - The Chapel In The Garden, Bridport

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The Chapel in the Garden, 49 East Street, Bridport DT6 3JX

Charity Number 117030 Charitable Incorporated Organisation CE009969

The Trustees present their Report and the Financial Statements for the Year ending 31[st ] December 2021.

Structure, Governance and Management

The Charity is governed by a constitution approved by the Trustees on 14[th] July 2017. Trustees who served during the year ending 2021 were;

Sir Philip John Colfox Frances Mollie Jeune (appointed 21[st] October 2021) Lucy Erikson Lucy Angelica Kennard David Roger Albert Gregory (appointed 21[st] October 2021) Roger Lionel Lake (resigned 21[st] October 2021) John Hinsley Jillian Park (appointed 21[st] October 2021) Peter John Wilson (appointed 21[st] October 2021, resigned 13[th] August 2022)

From October 2021, the Charity has been managed under a Sociocratic method whereby everyone’s views and opinions are taken in to account when making decisions.

Objectives and Activities

The Charity’s objective is the promotion of religion in accordance with the principles of the General Assembly of Unitarian and Free Christians and to offer a place of spirituality and peace to the residents of Bridport and the surrounding area. The Chapel welcomes people of all faiths and none to its weekly services and healing groups. Bridport Food Fridge operates from the Chapel and a twice weekly café opens to welcome regulars and newcomers to share companionship and a listening ear.

At its AGM in October 2021, the Trustees and congregation re-affirmed their commitment to supporting the employment of a full -time minister, and to the care and maintenance of this Grade 2* Listed building.

The Trustees have complied with the duty in Section 4 of the Charities Act 2006 and have due regard to guidance published by the Charity Commission including Public Benefit.

Achievement and Performance

Due to the Covid 19 pandemic and lockdown during part of this year, religious services and activities continued to be conducted via Zoom whenever possible and the minister and volunteers retained contact with each other and members of the public in need where they were able.

Our minister, Lizzie Harley was ordained in October 2021 and has recently returned from maternity leave working on a job share basis with her husband Rev John Harley. Members of the congregation took up roles and responsibilities to cover her absence, including conducting weekly services.

It has also been a difficult year financially due to Covid and the shutting of the building, however, we have made a surplus due to a business interruption insurance claim.

Reserves

Unrestricted reserves have fallen from £132,760 to £55,645 in the period, largely due to the transfer of the freehold land and building to designated reserves. The Trustees’ intention is to maintain reserves of at least £50,000.

Approved by the Trustees on 20 October 2022

Signed on their behalf

Sir Philip Colfox

Independent Examiners Report to the Trustees of THE CHAPEL IN THE GARDEN, BRIDPORT

Charitable Incorporated Organisation CEO 009969

Charity Number 1173010

I report to the Charity Trustees on my examination of the accounts of the CIO for the year ended 31st December 2021 set out on pages 3 to 5.

Responsibilities and basis of report

As the Charity Trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").

I report in respect of my examination of the CIO's accounts carried out under Section 145 of the Act. In carrying out my examination I have followed all 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:

Accounting records were not kept as required by section 130 of the Act; or
The accounts do not accord with those records; or
That accounts do not comply with applicable requirements concerning the form and content set out the Charities (Accounts and Reports) Regulations 2008, other than the requirement that accounts give a "true and fair" view which is not matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection to the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

M Ternouth 20 October 2022 20 Edgehill Road Bridport DT6 5BD

THE CHAPEL IN THE GARDEN, BRIDPORT

Statement of Financial Activities for the year ended 31st December 2021

Note Income from: Donations and collections Charitable activities 2 Business interruption insurance claim Investment income - M&G Charifund Total Expenditure on: Charitable activities 3 Net income (expenditure) 4 Gains (losses) on revaluation of investments 5 Gains (losses) on sale of investments Transfers between funds 6 Net Movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward	Unrestricted Building Endowment Total Total Funds Fund Funds Funds Funds 2021 2021 2021 2021 2020 16,856 - - 16,856 15,261 16,940 - - 16,940 15,343 9,000 - - 9,000 - 8,533 - - 8,533 8,714
	51,329 - - 51,329 39,318
	43,442 - - 43,442 75,490 7,887 - - 7,887 (36,172) 4,404 - 16,004 20,408 (33,312) 503 - - 503 (8,448) (90,000) 90,000 - - -
	(77,206) 90,000 16,004 28,798 (77,932) 132,760 - 124,066 256,826 334,778
	55,554 90,000 140,070 285,624 256,846

The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities

THE CHAPEL IN THE GARDEN, BRIDPORT Balance Sheet as at 31st December 2021

Note Fixed Assets - Freehold Land & Buildings 6 Investments M&G Charifund 5 Current assets: Debtors 7 Cash at bank and in hand Creditors: amounts due within one year 8 Net current assets Total assets	Unrestricted Building Endowment Total Total Funds Fund Funds Funds Funds 2021 2021 2021 2021 2020 - 90,000 - 90,000 90,000 38,547 - 140,070 178,617 162,706 2,633 - - 2,633 500 17,124 - - 17,124 12,023
	19,757 - - 19,757 12,523 2,750 - - 2,750 8,403 17,007 - - 17,007 4,120
	55,554 90,000 140,070 285,624 256,826

The notes on pages 4 and 5 form part of these financial statements

Approved on behalf of the Trustees

Sir Philip Colfox

20 October 2022

THE CHAPEL IN THE GARDEN, BRIDPORT

Notes to the financial statements for the year ended 31st December 2021

1. Accounting policies

a) The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Reccomended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006. The financial statement have been prepared under the historic cost convention with the exepction of investments which are included at market value. In accordance with FRS102 no statement of cash flow has been prepared.
b) Donations and other forms of voluntary income are recognised as incoming resourses when received except in so far as they are incapable of financial measurement.
c) Grants are recognised when received.
d) Rent and other letting incomes generally are recognised when received. Material amounts received in advance are treated as deferred income.
e) Expenditure is recognised for material amounts once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
f) Invesments are shown at market value, income is recognised when received.

2. Income from charitable activities

2. Income from charitable activities Weddings, namings and funerals Rent and other letttings income Book and café sales Other income 3. Expenditure on charitable activities Salaries (National Insurance - Nil, 2020 - Nil) Pension contributions Other ministry costs Premises Administration Governance 4. Net incoming (outgoing) resources for the year are after charging: Trustees remuneration and expenses Independent Examiners fees and accountancy	2021 £ 2,190 12,866 1,292 592 16,940 2021 £ 26,909 1,096 1,536 10,915 2,986 - 43,442 2021 £ - 420	2020 £ 1,212 11,331 292 2,508
		15,343
		2020 £ 28,135 1,363 1,318 37,553 6,179 942
		75,490
		2020 £ - 942

THE CHAPEL IN THE GARDEN, BRIDPORT

Notes to the financial statements for the year ended 31st December 2021 (continued)

5. Investments - M&G Charifund Valuation at the beginning of the year Disposals Increase (decrease) in valuation Valuation at the end of the year	2021 £ 162,706 (4,497) 20,408 178,617	2020 £ 229,465 (33,448) (33,311)
		162,706

6. Tangible fixed assets

Freehold land and buildings are included at historic valuation. The Building Fund is designated to maintain the fabric of the building.

7. Debtors Statutory Maternity Pay recoverable Other debtors Total debtors 8. Creditors falling due within one one year Rent received in advance Creditors Accruals	2021 £ 2,633 - 2,633 2021 £ 2,750 - - 2,750	2020 £ - 500
		500
		2020 £ 6,000 1,291 1,112
		8,403

9. Endowment Fund

This fund was was created by an endowment from lminster Unitarian Trust on 15th October 2019. The permanent endowment is to be used for capital improvements with only the income available for unrestricted spending.