TRUSTEES, ANNUAL REpoKr For the period I" April 2023 to 31" March 2024 Registered Charity Number 1176613 Bradley Stoke Evangelical Church Baileys Court Road, Bradley Stoke. Bristol. 8532 88H TRUSTEES Philip Dart (appointed 24th April 2024) Peter Mulr David Neill (appointed 24th January 20241 Andy Newman (resigned 3111 March 2024) Paul Shaddick Tim Sunderland (resigned 31# May 20241 CONSTMJTION The 8overnin8 document is the Constitution whith was approved by the Charity Commi55i0n th on 10 January 2018. The internal practices of the church a set out in the Church Handbook. The church is constltuted as a Charitsble Incorporated Organlsation ICIO). The Trustees are the persons appointed a5 Pastor or Elder in the church in accordance with the Church Handbook. PURPOSES The purposes of the church are lal the advancement of the Chrlstlan falth. prlmarfly but not exclusively in Bradley Stoke and the surrounding neighbourhood, and {bl such other charitable purposes which put into prartice the Christian faith Includin8 the prevention and relief of need, hardship and sickness, the advancement of educatlon and the provision of facilities for the welfare of those in need. AcrivrriES The church aims to introduce people to the love of G¢)d shown through Jesus Chrlst, to encourage those who already know God's love to keep trusting in that, and to demonstrate God's love in practical acts of kindness. To these ends we hold regular Sunday worship services and run midweek bible studies, a toddler group, youth groups, and outreach events; all these events are open to all. We also support thaiitable organisations which seek to advance the Christian faith and relieve need. The Trustees have had due regard to the guidan on public benefit issued by the Charity commi10n.
ACHIEVEMENTS Our Sunday morning worship services are usually attended by over 100 people and a still being broadcast on YouTube. Weekly meetings for young people are also well attended. Community Groups are meeting weeklyfor bible study, prayer and fellowship- on Zoom or in person. Our weekly group for toddlers is operating at full capacity. In September the church celebrated Harvest and organised a special collettion to support needy causes. As a result we were able to send nearly 24k to support a cataract clinic in South Sudan and farming apprenticeships in Africa. The church also supports financially three missionary families. One family is church planting in France, another is workin8 in North Africa and another is working with students from Asia who a studying in the UK. FINANCIAL REVIEW In the unrestricted funds expenditure rose to £135k {from £94kl: the increase was expected and the main factor was the recruitment of an Assistant Pastor,. mission 5UPPOrt and maintenance costs also increased. Unrestricted income rose to 128k (from 116kl. As a result. the was a deficit of 7k this year (surplus of 22k last yearl. In the restricted funds we received 28k including 24k for the Harvest Fund and 3k for missionary support, all of which wa5 spent. We hold reserves to meet unforeseen tontingencies. Our current policy is to hold unrestricted resee5 of at least 6 months, unrestricted expenditure. At 31" March 2024 our unrestricted resernes of 92k represented 8 months. budgeted expenditure- of this amount, 30k is designated for future building development work. Signed on behalf of the Trustees- PM.sknJ Paul Shaddick Irh June 2024
8radley Stoke Evangellcal Church CIO - Charity No. 1176613 Accounts for 12 Months Ending 31st March 2024 Income & Expenditure Statement INCOME 2023-24 2023-24 2023-24 Unrestricted Restricted 2022-23 Total Total General Donations Gift Tax Rebate Use of Building Harvest Missionary Youth Weekend Interest 93.950 21,340 11,987 93,950 24,715 11.987 20,353 3.500 1.150 1.202 88,513 21,296 7,940 16,374 4,000 3,527 3,375 20,353 3.500 1,150 1,202 TOTAL INCOME 128,479 28,378 156,857 141,650 EXPENDITURE Employees Speakers Expenses Mission Support Utilities Annual Fees Maintenance Supplies Harvest Appeal Evangelism Youth PA Cleaning Other 80,123 80,123 840 18,500 5,986 5.376 13,526 2,876 23,728 1,872 4,791 1,179 2,530 2,522 53,513 1,320 11,210 3,800 5,011 4.564 2,825 18,600 1,259 5.451 4.025 2,840 1,347 15.000 5,986 5,376 13.526 2,876 3.500 23.728 1.872 3,641 1,179 2,530 2,522 1,150 TOTAL EXPENSES 135,471 28,378 163,849 115.765 INCREASE IN FUNDS 4.992 -6,992 25,885 Peter Shelley (Treasurer) 202344 Ac0)unts.S 1610412024 Renue
Bradley Stoke Evangelical Church CIO - Charity No. 1176613 Accounts for 12 Months Ending 31st March 2024 Balance Sheet Balance 31103124 Balance 31103123 MONETARY ASSErs Current Account Deposit Account Tax Rebate Due TOTAL MONETARY ASSETS 29.736 61,194 10.700 101.630 98,656 9,967 108 623 ALLOCATION OF ASSETS Manse Fund (Restricted) CAP Fund (Restricted) Missionary Fund (Restricted) Building Development Fund (Unrestricted) General Fund (Unrestricted) TOTAL MONETARY ASSErs 1,838 3,500 4,000 30,000 62.292 101,630 1,838 3,500 4.000 30.000 69,285 108,623 -6,993 NON-MONETARY ASSErs Secured Loan on Propety (see Note) 85,572 85,572 Note: The loan was to part-finance the purchase of a manse and is secured by a second charge on the property. The loan will be repaid when the property is sold. It has not been included in reserves. Peter Shelley (Treasurer) 1610412024 2023-24 Accounls.xLs Balance Sheet
Independent Examinerfs Report to the Eldersnrustees of Bradley Stoke Evangelical Churth CIO Charity no. 1176613 I report on accounts of the Church CIO for year ended 31 March 2024, which are set out in the Bradley Stoke Evangelical Church CIO- Statement of accounts as initialled by me. Respettlve responsibilities of the elders/trustees and examiner The Eldersrrrustees are responsible forthe preparation of the accounts. The Eldersnrustees consider that an auditls not required for this year under sectlon 144 of the Charities Act 2011 and that an independent examination is needed. I have based my examination on the Charities Act 1993 guidelines las amended by the Charities Acts 2006 and 20111. It is the examinerfs responsibility to,. Examine the accounts under section 145 of the Charities Act 2011 To follow procedures laid down in the Gener21 Directions given by the Charity Commission (under sertion 14515llbl of the 2011 Charities Attl,. and To state whether any particular matter5 have come to my attention. Basis of the Independent Examlnerf5 Report My examination was carried out in accordance with the General DSrections glven by the Charity Commissioners. An examination includes a review of the accounting records kept by the church and a comparison of the accounts prèsented by those records. It 31s0 includes consideration of an unusual items or disclosure in the accounts and seeking explanations from YOLJ as eldersltrustees Conrning 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 represent a 'true and fairf view and the report is limited to matters set out in the statement below. Independent examiner'5 Statement I have completed my examination. I confirm that no material matters have come to my attention in connection wlth the exarnlnation which gives me causè to believe that in, any material respect: the accounting records werè not kept in accordance with section 130 of the Charitles Act,. or the actounts did not accord with the accounting records,. or the accounts did not comply with the applitable requiremènts concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fail view which is not a matter considereil a5 P3rt of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable 3 proper understsnding of the accounts to be reached. Paul James FCA 9, June 2024 Fellow Member of the institute of Chartered Accountants of England and Wales