2022-12-31-accounts - The Chapel In The Garden, Bridport

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

Charity Number 1173010 Charitable Incorporated Organisation CE009969

The Trustees present their Report and the Financial Statements for the Year ending 31[st ] December 2022.

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 period were;

Sir Philip John Colfox Lucy Erikson (resigned 20 October 2022) David Roger Albert Gregory John Hinsley (resigned 20 October 2022) Frances Mollie Jeune Lucy Angelica Kennard (resigned 20 October 2022) Jillian Park (resigned 18 April 2023 Sally Vaughan (appointed 18 April 2023) Glenda Alice Irwin Willis (appointed 20 October 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.

The Trustees and congregation are committed to supporting the employment of a 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.

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

Charity Number 1173010 Charitable Incorporated Organisation CE009969

Achievement and Performance

Since the 2022 AGM, the Trustees have met 6 times and put in process some improvements and repairs to the building. The improvements include installing cost efficient storage heaters in the two rooms most often used for hirers and in consideration of the Warm Spaces initiative run by the ministry team during the colder months of the winter which was assisted by a grant from Bridport Town Council. We continue to support a clothing bank for the homeless and the community fridge which operates from our premises to great effect.

Services are conducted every Sunday by one of our ministers with the input of interfaith ministers and volunteers from our own community. Along with a shorter Friday evening event, a monthly Children’s service has been introduced. Our congregation is healthy and includes both local people and visitors to the town. We have conducted several rites of passage services including weddings, funerals and naming ceremonies.

Three fund raising concerts have been organised by the volunteer team, realising some £1,800 and providing great entertainment enjoyed by the wider community.

Our bookings administration has been very successfully carried out by a volunteer and we continue to look for creative ways to raise our profile in the community and increase the income from our lovely rooms. Our range of activities include yoga, counselling groups, dancing, choirs, u3a meetings, mindfulness events, art exhibitions and more.

We have continued to open the doors on Wednesday and Saturday mornings, offering tea and cake alongside the second hand bookshop in the gallery. Visitors are warmly welcomed and local people who have not visited the Chapel before are often astonished by the building and the activities that take place. Some become members of the community and join the band of volunteers

Reserves

The chapel had an excess of income over expenditure of £40,185 in the period, largely due to the Minster's absence on maternity leave and the receipt of the last three years gift aid claims. The Trustees have set aside £10,000 as a buildings maintenance fund and fundraising activities are adding to this. The Trustees' intention is to maintain unrestricted reserves of at least £50,000, they currently stand at £77,005.

Approved by the Trustees on 21 September 2023

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 2022.

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.

Martin Ternouth 24-May-23

THE CHAPEL IN THE GARDEN, BRIDPORT

Statement of Financial Activities for the year to 31 December 2022

Note Income from: Donations and collections Gift Aid received Charitable activities 2 Grants received Business interruption insurance claim Investment income - M&G Charifund Interest received 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	Funds 2022 19,125 10,514 27,726 500 4,940 9,527 137 72,469 38,871 33,598 (2,147) - (10,000) 21,451 55,554 77,005 Unrestricted	Building Fund 2022 3,971 963 1,614 - - - 39 6,587 - 6,587 - - 10,000 16,587 90,000 106,587	Funds 2022 - - - - - - - - - - (7,802) - - (7,802) 140,070 132,268 Endowment	Total Funds 2022 23,096 11,477 29,340 500 4,940 9,527 176 79,056 38,871 40,185 (9,949) - - 30,236 285,624 315,860	Total Funds 2021 16,856 - 16,940 - 9,000 8,533 - 51,329 43,442 7,887 20,408 503 - 28,798 256,826 285,624

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 31 December 2022

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 Funds 2022 - 36,400 854 43,256 44,110 3,505 40,605 77,005	Building Fund 2022 90,000 - - 16,587 16,587 - 16,587 106,587	Endowment Funds 2022 - 132,268 - - - - - 132,268	Total Funds 2022 90,000 168,668 854 59,843 60,697 3,505 57,192 315,860	Total Funds 2021 90,000 178,617 2,633 17,124 19,757 2,750 17,007 285,624

The notes on pages 5 and 6 form part of these financial statements.

Approved on behalf of the Trustees

Sir Philip Colfox

21 September 2023

THE CHAPEL IN THE GARDEN, BRIDPORT

Notes to the financial statements for the year ended 31 December 2022

1. Accounting policies

a) The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended 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 exception 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 resources 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) Investments are shown at market value, income is recognised when received.

2. Income from charitable activities

2. Income from charitable activities Weddings, namings and funerals Room hire & lettings Book and café income Fundraising and other income 3. Expenditure on charitable activities Salaries (National Insurance - Nil, 2021 - Nil) net of SMP recovered Pension contributions Other ministry costs Premises Administration Food Fridge Governance 4. Net incoming (outgoing) resources for the year are after charging: Trustees remuneration and expenses Independent Examiners fees and accountancy	2022 £ 3,545 17,178 2,990 5,627 29,340 2022 £ 17,246 541 2,152 13,780 3,142 2,010 - 38,871 2022 £ - 304	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

THE CHAPEL IN THE GARDEN, BRIDPORT

Notes to the financial statements for the year ended 31 December 2022 (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	2022 £ 178,617 - (9,949) 168,668	2021 £ 162,706 (4,497) 20,408 178,617

6. Tangible fixed assets

Freehold land and buildings are included at historic valuation.

7. Debtors Statutory Maternity Pay recoverable 8. Creditors falling due within one year Rent received in advance Accruals	2022 £ 854 2022 £ 2,750 755 3,505	2021 £ 2,633 2021 £ 2,750 - 2,750