Registered Charity Nurnber 1176260 TOWN CHURCH BICESTER ANNUAL REPORT AND FINANCIAL STATEMENTS FOR YEAR ENDED 31" MARCH 2024 TOWN CHURCH BICESTER YEAR ENDED 31" March 2024 Contents Church Information Trustees Report Independent Examiners Report Statement of Financial Activities Balance Sheet Notes to the accounts TOWN CHURCH BICESTER YEAR ENDED 31" March 2024 CHURCH INFORMATION TRUSTEES lan Lancaster Jonathan Reid Simon Poole Peter Cockram CHARITY NUMBER 1176260 CONTAC[ ADDRESS Jonathan Reid 4 Heather Road Bicester OX26 3YR PLACE OF WORSHIP Longfields Primary School Bicester OX26 6QL BANKERS TSB Bank PIC Wantage Branch PO Box 1000 BX4 7SB INDEPENDENT EXAMINER Geoff Mann ACIE Geoff Mann Limited Dee House Highworth Avenue Cambridge CB4 2BQ TOWN CHURCH BICESTER YEAR ENDED 31" March 2024 TRUSTEES REPORT The Trustees have pleasure In presentlng the annual report and accounts for the church for the Year Ended 31" March 2024 l. Objertives and activities The objects of the charity are the advancement of the Christian faith in accordance with the Basis of Faith primarily but not exclusively within Bicester and the surrounding neighbourhood, as well as carrying out such other charitable purpose5 as shall, in the opinion of the charity trustees put into practice the Christian faith in accordance with the basis of faith. 2. Structure. governance and management The church is a Charitable Incorporated Organisation. charity number 1176260, and wa5 registered with the Charity Commission on 13 December 2017. The church is governed by the church members, which includes the Trustees. and the Trustees have ultimate oversight. The Trustees are appointed by a majority of the church members. The Trustees who arted during the yearwere: lan Lancaster Jonathan Reid Simon Poole Peter Cockram lappointed November 20231 Review of Activity Town Church Bicester became a church 13 December 2017. these accounts are the slxth accounts produced by the church and represent the sixth full year of operation. The church's vision continues to be the advancement of the Christian falth in accordance with the Basis of Faith primarily but not exclusively within Bicester and the surrounding neighbourhood. We have continued to approach this in a number of ways during the period. including- TOWN CHURCH BICESTER YEAR ENDED 31" March 2024 gathering together each week on Sunday afternoon at a local school for prayer, praise and learning from the Bible; mid-week small groups for mutual support and encouragement. monthly and weekly prayer meetings,. a day away for mutual support and encouragement- outreach events such as the Summer Fun Day, Men's Curry and Women's Craft Night where we seek to reach out into the local community, meet those who live nearby to play games, make crafts, build relationships and speak about the Christian faith,. We continue to grow in number, and regularly have almost 100 attendees present at our Sunday services. Our membership is over 40 and continues to grow. From a financial perspective we have started with a healthy balance in our cash account and have continued to see an increase in the balance. Growth in the cash account is driven by increased giving by current member5, along with the addition of new members in the year. 4. Financial review and reserves policy Funds in the bank at 31 March 2024 were £36,507 of which £2,862 is restricted funds for the purpose of the work of John Ventress with Wycliffe Bible translators. The church seeks to retain enough reserves for the ongoing work of the Church. S. Public Benefit The Trustees consider that the activities as described above fulfil the requirements of the Charity Commission's public benefit disclosure. 6. Risk Management The church members and Trustees regularly consider the risks to which the charity may be exposed and are satisfied that systems are in place to mitigate exposure to the major risks. On behalf of the Trustees Trustee Date: 1112124 TOWN CHURCH BICESTER YEAR ENDED 31" March 2024 INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 TO THE TRUSTEES OF TOWN CHURCH BICESTER I report to the trustees on my examination of the account5 of the charity for the year year ended 31 March 2024 RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND THE EXAMINER As the charills Iruslees you are responsible for the preparation of the accounts in accordan￿ with the requirements of the Charities Acts 203 1 1.the Act"). I report in respect of my examination of your charity'5 accounts carried out under section 145 of the Act, and in carrying out my examination I have followed the applicable directions given by the Charity Commission under section 14515}Ibl of the Act. INDEPENDENT EXAMINER'S STATEMENT I have completed my examination. I confirm that no material matters have come lo my attention in connection with the examination giving me cause lo believe that in any material respect". the acwunling re¢ords were not kept in respect of the charity as required by se¢tion 130 of the Act,. or the accounts do not accord wllh those records,. or the accounts do not comply wlh the applicable requirements conceming the form and conlenl of accounts set out in the Charities {Accounls and Reportsl Regulations 2008 other than any requirement that the acwunls give a 'lrue and fair, view which is not a matter considered as part of an independent examination I have no con¢ems and have come across no other matters in connection with the examination to which allenlion should be brought in this report in order lo enable a proper understanding of the accounts to be reached. Geoff Mann Geoff Mann Limited Dee House Highworth Avenue Cambridge CB4 2BQ TOWN CHURCH BICESTER YEAR ENDED 31" March 2024 statem8nt of Flnanclal A¢tl¥ltl88 for thè Yèar End•d 31st Mar¢h 2024 Notes 2024 23 incom8 from- Donaiions 99.047 72.344 Restricted giving Charitsble Activitie8 8,361 5,213 610 107,856 78.167 Exp•ndlturE from.. Charitable activiti 79,305 76.059 Restricted giving 8.006 2.706 87,310 80.765 Gèneial Not In¢omelloxp8ndlturo1 General funds al 151 April 2023 General funds al 31st March 2024 20.190 -5,105 35,171 30.066 50.256 Restrlcted Net Incomellexpenditurel Restricted funds 8t 1st April 2023 Rtsiri¢ted funds at 31st March 2024 355 2,507 2.507 2,B62 2.507 Statement of Financial Position aj at 31 hlarch 2024 Notè$ 2024 2Q23 Flxed a6S•ts T￿￿1b￿ assals urr•nt ass•ts 4.974 S,6 Dets￿r& 12.362 7.614 Ceth at bank 46.869 30,687 ¢roditors.' amDurtsfAlbng d￿0 %¥lthln on• ar 724 3.720 N•tas8•ts 32.573 Vnreslrithj fu￿8 5025B 3D,O R8strictsd runts 2.862 2,$07 The fin*n¢￿1 $i¥temenis were Appm￿￿ by lh•TrUSt￿ on KXXX Jonathan R•d Ch4lr¢lTrUS￿0 TOWN CHURCH BICESTER YEAR ENDED 31" March 2024 NOTES TO THE ACCOUNTS Ac¢ountlng poll¢ieS BJ$lsolpropar4tloD The nnan¢ial st2tements have been piepared In accordance￿1h Ihe thJrll*5 Cwslilution. th• Chariti8sAct 2011 End-A¢wuThiing end REpuTting by ChBribe5". SlatptnEntof RecxxnmEnded Pta¢ti¢è appli¢able to ¢h8nli¢s preparing Ih8ir8cc