Calvary Chapel Bath
Annual Report & Accounts
Year Ended 31 st Mar I p

## _**Calvary Chapel Bath**_ 

_Also known as “ Calvary Bath”_ 

||**_Trustees_**<br>Jeffrey Scott Cuozzo|**_Trustees_**<br>Jeffrey Scott Cuozzo|**_Trustees_**<br>Jeffrey Scott Cuozzo|**_Trustees_**<br>Jeffrey Scott Cuozzo|**_Trustees_**<br>Jeffrey Scott Cuozzo|**_Trustees_**<br>Jeffrey Scott Cuozzo|**_Trustees_**<br>Jeffrey Scott Cuozzo|
|---|---|---|---|---|---|---|---|
||Brian Kristopher||||||Cambra|
||Simon Lawrenson|||||||
||**_Pastors_**<br>Jeffrey Scott Cuozzo|||||||
||**_Governing Document_**|CIO - Foundation Registered 4th June 2018||||||
|||||||||
||**_Registered Charity Number_**<br>1178622|||||||
|||||||||
||**_Charity Principle Address_**|Shepherds Mead||||||
||South Stoke|||||||
||Bath|||||||
||BA2||7EB|||||
||**_Accounts Prepared By_**|Steren Limited||||||





CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

||**_Contents_**|**_Contents_**||
|---|---|---|---|
||**_Objectives and Achievements_**||2|
||**_Financial Review_**||3|
||**_Statement of_**|**_Financial Activities_**|4|
||**_Balance Sheet_**||5|
||**_Statement of_**|**_Cash Flows_**|7|
||**_Notes to the Financial Statements_**||8|
||1. Accounting Policies||8|
||2. Analysis of Income<br>11|||
||3. Donated Goods, Facilities and Services<br>11|||
||4. Analysis of Expenditure on Charitable Activities<br>13|||
||5. Trustee Expenses<br>15|||
||6. Independent Examiner's Remuneration<br>15|||
||7. Grant-making Activities<br>15|||
||8. Staff Costs, Employee Benefits and Trustees Remuneration<br>16|||
||9. Fixed Assets<br>16|||
||10. Debtors<br>17|||
||11. Creditors<br>17|||
||12. Summary of the Assets and Liabilities of each Category of Fund<br>18|||
||13. Movement in Funds<br>19|||
||14. Related Party Transactions<br>20|||



1 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

## Objectives and Achievements 

## _**Objects of the Charity**_ 

The Charity’s Objects (the Objects) are the advancement of Christianity for the benefit of the public in accordance with the following: 

a) To worship God the Father, Son and Holy Spirit; 

b) To build up  the Church of Jesus Christ, in particular through the teaching and preaching of the Word of God (The Bible); 

c) To proclaim that men and women should repent and believe in Jesus Christ as Saviour and Lord; 

d) As we have opportunity, to do good to all, especially to those who are of the household of faith (Galatians 6:10) 

## _**Activities of the Charity**_ 

As a church we have been continuing to teach the Bible verse by verse and see people being encouraged and growing in their faith in God. Over the course of 2022-2023 we have taught through the book of Exodus as well as starting a men’s and women’s weekly home Bible study. The women are studying different attributes of God and the men are studying through the Book of Proverbs. 

We meet for prayer every Tuesday evening on Zoom and this has been a source of huge encouragement to all those who are involved. We pray for the individuals in the fellowship, as well as for our community and for our country. 

The trustees also are fully aware of the Charity Commission’s guidance on public benefit. 

## _**Achievements and Performance, Year Ended 31st March 2023**_ 

We began meeting in the South Stoke Village Hall towards the end of 2021 and we have continued to meet in this location through all of 2022 into 2023. The parking situation is not ideal, but the location continues to work for us. As the children’s ministry grows, we sense a need to move into a bigger building somewhere in Bath. 

We have been blessed to see new people continuing to join the fellowship as we keep moving forward as a ministry. We probably have about 25 people or so coming along on a Sunday morning. With a couple families with children. 

For a time we were having a young adults Bible study on a Sunday evening, but with the students busy schedule that only lasted for about 4 months. We have also had some students who were coming along finish their University studies and move back to where they are from or go off to new jobs in London. 

2 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

We have also been able to start hosting rest and refreshment retreats for ministry friends and partners here in Bath starting in August 2022 and going into 2023. It has been a huge blessing to be a in a lovely location where we can provide encouragement and strengthening for the ministry work that they do. We have also hosted couples retreats as well as a ministry leadership retreat. 

We are continuing to see people be blessed and encouraged in their faith as we fellowship and study the Bible together and the Lord continues to bring people along who are hungry to study His Word. As well as be a location where people can come to be refreshed and encouraged in their faith. 

## Financial Review 

## _**Financial Position**_ 

The Charity’s primary source of funds is from free-will offerings received from those regularly attending the Sunday services as well as various other supporters to the objectives of the Charity. 

## _**Reserves Policy**_ 

Keeping in line with the Charity’s future plans it has a policy to hold sufficient reserves to be able to respond in a timely manner to any opportunity presented that would allow the Charity to achieve those plans. Current reserves are minimal for meeting such possible opportunities. The Charity has an amount of reserves, of which its value must be available as a liquid asset at all times. These reserves are equal to 3 months of average total expenditure. 

## _**Grant Making Policy**_ 

Gifts to external organisations and individuals are considered by the Trustees on the basis of need and fulfilment of the charitable activities. There are no upper or lower limits of support. 

## _**Principal Sources of Funding**_ 

The charity’s principal source of funds is from voluntary donations received from those regularly attending the Sunday services as well as various other supporters of the objectives of the charity. 

## _**Declaration**_ 

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees: 


Jeffrey Cuozzo 

Date: January 31, 2024 

3 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

## Statement of Financial Activities 

For the Year End Ended 31st Mar 2023 

||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
|||Note|2023|2023|2023|2022|
|Income|||||||
||Donations and Legacies|2|10,006|87,743|97,749|10,161|
||Charitable Activities||-|-|-|-|
||Other Trading Activities||-|-|-|-|
||Investments|2|-|-|-|-|
||Other Income|2|1|-|1|1|
|**_Total Income_**|||**_10,007_**|**_87,743_**|**_97,750_**|**_10,162_**|
||||||||
|Expenditure|||||||
||Raising Funds|4|-|-|-|-|
||Charitable Activities|4|14,658|31,939|46,597|13,559|
|**_Total Expenditure_**|||**_14,658_**|**_31,939_**|**_46,597_**|**_13,559_**|
||||||||
|Net Income (Expenditure)|||(4,651)|55,804|51,153|(3,397)|
|**_Net Movement in Funds_**|||**_(4,651)_**|**_55,804_**|**_51,153_**|**_(3,397)_**|
||||||||
|**_Reconciliation of Funds_**||12-13|||||
||**_Total Funds b/fwd_**||**_62,808_**|**_-_**|**_62,808_**|**_66,205_**|
||**_Total Funds c/fwd_**||**_58,157_**|**_55,804_**|**_113,961_**|**_62,808_**|



4 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

|||Balance Sheet<br>At 31st Mar 2023|Balance Sheet<br>At 31st Mar 2023|Balance Sheet<br>At 31st Mar 2023|Balance Sheet<br>At 31st Mar 2023|||
|---|---|---|---|---|---|---|---|
|||||2023|||2022|
|||Note|£|£||£|£|
|**_Fixed Assets_**||||||||
||Tangible Assets|9||4,955|||581|
|||||||||
|**_Current Assets_**||||||||
||Debtors|10|896|||536||
||Cash in Bank and in Hand||108,381|||61,892||
|||||||||
|**_Total Current Assets_**||||109,277|||62,428|
|||||||||
|**_Liabilities_**||||||||
||Creditors: Amount falling<br>due within one year|11|(271)|||(201)||
|||||||||
|**_Net Current Assets_**||||109,006|||62,227|
|||||||||
|**_Net Assets_**||||**_113,961_**|||**_62,808_**|
|||||||||
|||||||||
|**_The Funds of the Charity_**||12-13||||||
||Unrestricted Funds|||58,157|||62,808|
||Restricted Funds|||55,804|||-|
|||||||||
|**_Total Funds_**||||**_113,961_**|||**_62,808_**|



These financial statements were approved by the board of trustees and signed on their behalf, on January 31, 2024 


5 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

Signed on behalf of the charity’s trustees: Jeffrey Cuozzo (Chair) 

6 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

## Statement of Cash Flows 

For the Year End Ended 31st Mar 2023 

||||2023||2022|
|---|---|---|---|---|---|
||||£||£|
|**_Cash flows from Operating Activities_**||||||
||Net cash provided by (used in) Operating Activities||51,917||1,192|
||(see Note 1)|||||
|||||||
|**_Cash flows from Investment Activities_**||||||
||Interest on cash deposits||-||1|
|||||||
|**_Capital Expenditure_**||||||
||Fixed Asset Additions||-5,426||-|
|||||||
|**_Net cash inflow/(outflow) for the year_**|||46,490||1,193|
|**_Cash and Cash Equivalents at 1 April 2021_**|||61,892||60,701|
|**_Cash and Cash Equivalents at 31 March 2022_**|||**_108,382_**||**_61,892_**|
|||||||
||||2023||2022|
||||£||£|
|**_Note 1. Reconciliation of net Income/(Expenditure)_**||||||
|**_(as per Statement of financial Activities)_**||||||
|||||||
|**_Net Income/(Expenditure)_**|||51,153||(3,397)|
|**_Adjustments For:_**||||||
||**_Depreciation Charges_**||1,053||465|
||**_Interest on investments_**||-||-|
||**_(Increase)/decrease in debtors_**||-359||4,092|
||**_Increase/(decrease) in liabilities_**||70||32|
||||51,917||1,192|



7 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

## Notes to the Financial Statements 

For the Year End Ended 31st Mar 2023 

## 1. Accounting Policies 

## _**General Information**_ 

Calvary Chapel Bath is a Charitable Incorporated Organisation registered in England and Wales. The registered charity number, company number and address of the charity is given in the charity information on the cover sheet. 

## _**Statement of Compliance**_ 

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), Companies Act 2006 and Charities Act 2011. 

Calvary Chapel Bath is a Public Benefit Entity as defined by FRS 102. 

## _**Going Concern**_ 

The charity has a number of regular donors, giving the trustees reasonable confidence that sufficient funding will be secured beyond the current year. The trustees have assessed the level of funds held, in addition to the cash flow needs of the charity, concluding with confidence that it will be able to continue in its operation. 

## _**Fund Accounting Policies**_ 

The General Funds are not subject to any restrictions regarding their particular use and are available for applicable general purposes of the charity. 

## _**Incoming Resources**_ 

All incoming resources are included in the Statement of Financial Activities (SoFA) when; the charity is legally entitled to the resources; the trustees are virtually certain they will receive the resources; and the monetary value can be measured with sufficient reliability. 

Donations are only included in the SoFA when the charity has unconditional entitlement to the resources. 

Where incoming resources have related expenditure, the incoming resources and related expenditure are reported gross in the SoFA. 

Incoming resources from Gift Aid tax reclaims are included in the SoFA at the same time as the gift to which they relate. 

8 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

The value of voluntary help received is not included in the accounts but is described in the trustee’s annual report. 

Investment income is included in the accounts when receivable 

## _**Expenditure and Liabilities**_ 

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. It is probable that the paying out of resources will be required in settlement and the amount of the obligation can be measured reliability. 

The charity makes grants to individuals and other institutions to further its charitable objectives. 

## _**Fixed Assets**_ 

Tangible fixed assets which cost £500 or more and used for more than one year are capitalised. They are valued at cost price or a reasonable value on receipt. 

Depreciation is calculated on tangible fixed assets using the Straight Line Method, at 25% of the cost per year 

## _**Inventory**_ 

Stocks held for sale as part of non-charitable trade are measured at the lower of cost or net realisable value. 

Donated goods are measured at their fair value, unless it is impractical to measure reliably the fair value of donated item(s). When there is no direct evidence of fair value for an equivalent item, a value is derived from: the cost of the item to the donor; or in the case of goods that are expected to be sold, the estimated resale value after deducting the cost to sell the goods. 

## _**Debtors**_ 

Trade and other debtors are recognised at the settlement amount after any trade discount offered. 

## _**Judgements in Applying Accounting Policies**_ 

In the application of the church's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates but are unlikely to be material. 

## _**Cash at Bank and In Hand**_ 

Cash at bank and in hand includes cash and short-term highly liquid investments with short maturity of three months or less from the date of acquisition or opening of the deposit or similar amount. 

## _**Financial Instruments**_ 

The church only has financial assets and financial liabilities of a kind that qualify as basic financial Instruments. Basic financial instruments are initially recognised at transaction value 

9 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

_Notes to the Financial Statements - Continued_ 

and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method 

10 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

_Notes to the Financial Statements - Continued_ 

## 2. Analysis of Income 

||||**_2023_**|**_2023_**|**_2023_**||**_2022_**|**_2022_**|**_2022_**|
|---|---|---|---|---|---|---|---|---|---|
||||**_Unrestricted_**|**_Restricted_**|**_Total_**||**_Unrestricted_**|**_Restricted_**|**_Total_**|
||||**_Funds_**|**_Funds_**|**_Funds_**||**_Funds_**|**_Funds_**|**_Funds_**|
||||£|£|£||£|£|£|
|||||||||||
|**_Donations and Legacies_**||||||||||
||Freewill Offerings||9,110|-|9,790||9,790|-|9,970|
||Freewill Offerings from<br>outside UK||-|87,743|87,743||-|-|-|
||Tax Recoverable - Gift<br>Aid||896|-|896||371|-|371|
||||**_10,006_**|**_87,743_**|**_97,749_**||**_10,161_**|**_-_**|**_10,161_**|
|**_Investment Income_**||||||||||
||Bank Interest||**_-_**|**_-_**|**_-_**||**_-_**|**_-_**|**_-_**|
|||||||||||
|**_Other Income_**||||||||||
||HMRC Gift Aid Interest||**_1_**|**_-_**|**_1_**||**_-_**|**_-_**|**_-_**|
|||||||||||
|**_Total_**|||**_10,007_**|**_87,743_**|**_97,750_**||**_10,162_**|**_-_**|**_10,162_**|



## 3. Donated Goods, Facilities and Services 

|||**_2023_**||**_2022_**|
|---|---|---|---|---|
|||£||£|
|Donated Goods||-||-|
|Donated Facilities||-||-|
|||**_-_**||**_-_**|
||||||
||||||
|Number of Unpaid General Volunteers||**_2023_**||**_2022_**|
||Church Services - Hospitalityand Operations|6||5|
||Church Services - Discipleshipand Outreach|3||2|
||Church Services - Sunday School|7||7|
||Teachers||||
||Church Discipleship- Bible Studies|3||3|



11 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

_Notes to the Financial Statements - Continued_ 

_**19 17**_ 

12 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

_Notes to the Financial Statements - Continued_ 

## 4. Analysis of Expenditure on Charitable Activities 

||||**_2023_**|**_2023_**|**_2023_**|**_2023_**||**_2022_**|**_2022_**|**_2022_**|**_2022_**|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||**_Activities_**|**_Grant_**||||**_Activities_**|**_Grant_**|||
||||**_Undertaken_**|**_Funding of_**|**_Support_**|||**_Undertaken_**|**_Funding of_**|<br>**_Support_**||
||||**_Directly_**|**_Activities_**|**_Costs_**|**_Total_**||**_Directly_**|**_Activities_**|**_Costs_**|**_Total_**|
|||Note|£|£|£|£||£|£|£|£|
|||||||||||||
|**_Mission and Ministry_**||||||||||||
||Discipleshipand Outreach||1,270|-|2,165|3,435||-|-|177|177|
||Conferences and Retreats||1,080|-|-|1,080||508|-|-|508|
||Travel|5|509|-|-|509||693|-|-|693|
||Phone Contract|5|1,182|-|-|1,182||659|-|-|659|
||||**_4,041_**|**_-_**|**_2,165_**|**_6,206_**||**_1,860_**|**_-_**|**_177_**|**_2,037_**|
|||||||||||||
|**_TIKVAH - Mission and Ministry_**||||||||||||
||Discipleshipand Outreach||2,225|-|-|2,225||640|-|-|640|
||Israel - Married Couples Retreat||-|-|-|-||3,624|-|-|3,624|
||Israeli Ladies Retreat||-|-|-|-||205|-|-|205|
||YoungAdults Retreat||-||-|-||123|-|-|123|
||AwaitingHis Return Conference||-|-|-|-||363|-|-|363|
||Hospitalityand Supplies||195|-|-|195||-|-|-|-|
||Fixed Asset Depreciation|9|1,028|||1,028||465|||465|
||||**_3,448_**|**_-_**|**_-_**|**_3,448_**||**_5,420_**|**_-_**|**_-_**|**_5,420_**|
|**_Property, Management and Administration_**||||||||||||
|||||||||||||
|||||||||||||
||Tikvah - Rent and Utilities||1,054|-|-|1,054||4,867|-|189|5,056|
||IT,Media and Music||145|-|252|397||290|-|4|294|
||Tikvah - IT,Media and Music||694|-|104|798||328|-|-|328|
||Accounting|||||||-|-|188||
|||||||||-|-|||
|||||||||-|-|||



13 



Annual Report - Year Ended 31st March 2023 

## CALVARY CHAPEL BATH 

_Notes to the Financial Statements - Continued_ 

||Office Supplies||140|-|-|140||-|-|-|-|
|---|---|---|---|---|---|---|---|---|---|---|---|
||Rent and Utilities||1595|-|-|1595||-|-|-|-|
||Honorarium||144|-|-|144||-|-|-|-|
||Fixed Asset Depreciation|9|25|-|-|||-|-|-|-|
|||||||||**_5,485_**<br>**_-_**||**_616_**<br>**_6,101_**||
|||||||||||||
|**_UK Retreats_**||||||||||||
||Travel and Transport||8,823|-|-|8,823||-|-|-|-|
||Accommodation Costs||17,047|-|-|17,047||-|-|-|-|
||Discipleship||4,089|-|-|4,089||-|-|-|-|
||Venue Rental||1,980|-|-|||-|-|-|-|
||||**_31,939_**|**_-_**|**_-_**|**_31,939_**||**_-_**|**_-_**|**_-_**|**_-_**|
|||||||||||||
||||**_43,625_**|**_-_**|**_2,972_**|**_46,597_**||**_12,765_**|**_-_**|**_793_**|**_13,558_**|



14 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

_Notes to the Financial Statements - Continued_ 

## 5. Trustee Expenses 

No trustee was paid for their service as a trustee. The nature of expenses incurred were for: _**ministry, administrative and subsistence**_ causes, exclusively and necessary for fulfilling the charity objects 

|||**_2023_**||**_2022_**|
|---|---|---|---|---|
|||£||£|
|**_Trustee Expenses_**|||||
||Travel|509||693|
||Phone Contact|1,182||659|
|||**_1,352_**||**_1,352_**|



## 6. Independent Examiner's Remuneration 

|||||**_2023_**||**_2022_**|†<br>|
|---|---|---|---|---|---|---|---|
|||||£||£||
|||||120||235||
|Independent Examiner’s Fees||||||||
|||||||||
|_† The Independent Examination fee for the accounts for the Year Ended 31st March 2021 was not included in the 2021 accounts_||||||||
|_as a_||||||||
|||||||||
|_creditor and not in the Income and Expenditure account. The total amount in the 2021 figure includes examination fees for both_||||||||
|||||||||
|_the Year Ended 31st Mar 2021 and 31st Mar 2022_||||||||



## 7. Grant-making Activities 

|||||**_2023_**||**_2022_**|
|---|---|---|---|---|---|---|
|||||£||£|
|**_Grants made to Institutions_**|||||||
|||||**_-_**||**_-_**|
||||||||
|**_Grants made to Individuals_**|||||||
|||||**_-_**||**_-_**|
||||||||
|**_Total_**||||**_-_**||**_-_**|



15 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

_Notes to the Financial Statements - Continued_ 

## 8. Staff Costs, Employee Benefits and Trustees Remuneration 

By provision of the charity's Governing Document, J. Cuozzo was remunerated £1,691 in personal expenses (£1,352 personal expenses in 2022). 

## 9. Fixed Assets 

||**_Fixtures, Fittings_**<br>**_and Equipment_**||
|---|---|---|
|||**_Total_**|
||£|£|
||||
|**_Cost or Valuation_**|||
|At 1 Apr 2022|1,858|1,858|
|Additions|5,426|5,426|
|Disposals|-|-|
|Revaluations|-|-|
|Transfers|-|-|
|**_At 31 Mar 2023_**|**_7,284_**|**_7,284_**|
||||
|**_Depreciation and Impairments_**|||
|At 1 Apr 2022|1,277|1,277|
|Disposals|-|-|
|Depreciation|1,053|1,053|
|Impairment|-|-|
|Transfers|-|-|
|**_At 31 Mar 2023_**|**_2,330_**|**_2,330_**|
||||
||||
|Net Book Value at 1 Apr 2022|581|581|
|**_Net Book Value at 31 Mar 2023_**|**_4,955_**|**_4,955_**|



16 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

_Notes to the Financial Statements - Continued_ 

## 10. Debtors 

|||**_2023_**||**_2022_**|
|---|---|---|---|---|
|||£||£|
||||||
|Prepayments and Accrued Income|||||
||IT, Media and Music|-||166|
||||||
|Other Debtors|||||
||Tax Recoverable - Gift Aid|896||371|
||||||
|Total||**_896_**||**_537_**|
|11. Creditors|||||
|||**_2023_**||**_2022_**|
||||||
|Accruals and Deferred Income||£||£|
||Accrued Utilities|**_-_**||**_-_**|
||||||
|Other Creditors|||||
||Accountancy Fees|151||81|
||Independent Examination|120||120|
|||**_271_**||**_201_**|
||||||
|Total||**_271_**||**_201_**|



17 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

_Notes to the Financial Statements - Continued_ 

## 12. Summary of the Assets and Liabilities of each Category of Fund 

||**_2023_**|**_2023_**|**_2023_**||**_2022_**|**_2022_**|**_2022_**|
|---|---|---|---|---|---|---|---|
||Unrestricted|<br>Restricted|<br>Total||Unrestricted|<br>Restricted|<br>Total|
||Funds|<br>Funds|<br>Funds||Funds|<br>Funds|<br>Funds|
||£|<br>£|<br>£||£|<br>£|<br>£|
|||||||||
|Tangible Fixed Assets|4,955|<br>-|<br>4,955||581|<br>-|<br>581|
|Intangible Assets|-|<br>-|<br>-||-|<br>-|<br>-|
|Debtors|896|<br>-|<br>896||536|<br>-|<br>536|
|Current Assets|52,497|<br>55,884|<br>108,381||61,892|<br>-|<br>61,892|
|Creditors: Amounts falling due within one<br>year|(271)|<br>-|<br>(271)||(201)|<br>-|<br>(201)|
||**_58,077_**|**_55,884_**|**_113,961_**||**_62,808_**|**_-_**|**_62,808_**|



18 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

_Notes to the Financial Statements - Continued_ 

## 13. Movement in Funds 

||**_Fund_**||||**_Fund_**|
|---|---|---|---|---|---|
||**_Balances_**||||**_Balances_**|
||**_Brought_**|||**_Net_**|**_Carried_**|
||**_Forward_**|**_Income_**|**_Expenditure_**|**_Transfers_**|**_Forward_**|
||£|<br>£|<br>£|<br>£|<br>£|
|**_Unrestricted Funds_**<br>General Fund||||||
|||||||
||14,450|<br>7,365|<br>(11,210)|<br>-|<br>10,605|
|Tikvah Fund|48,357|<br>2,642|<br>(3,448)|<br>-|<br>47,552|
|**_Total Unrestricted Funds_**|62,808|<br>10,007|<br>(14,658)|<br>-|<br>58,157|
|**_Restricted Funds_**<br>UK Retreats Fund|-<br>87,743<br>(31,939)<br>-<br>55,804|||||
|**_Total Funds_**|**_62,808_**<br>**_97,750_**<br>**_(46,597)_**<br>**_-_**<br>**_113,961_**|||||



19 



CALVARY CHAPEL BATH Annual Report - Year Ended 31st March 2023 

_Notes to the Financial Statements - Continued_ 

## 14. Related Party Transactions 

Transactions with related parties have been disclosed in note 5. 'Trustee Expenses' and note 8. 'Staff Costs, Employee Benefits and Trustees Remuneration.' 

20 




## **Independent examiner's report on the accounts** 

**Section A                        Independent Examiner’s Report** 

**Report to the trustees/** Calvary Chapel Bath **members of On accounts for the year** 31[st] March 2023 **Charity no** 1178622 **ended (if any) Set out on pages** 4 - 17 (remember  to include the page numbers of additional sheets) 

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2023. 

**Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 which gives me cause to believe that in, any material respect: 

- accounting records were not kept in accordance with section 130 of the Act or 

- the accounts do not accord with the accounting records 

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

**Date:** 27/03/2024 **Signed: Name:** Michelle Hook **Relevant professional qualification(s) or body (if any): Address:** 35 Treeve Lane, Connor Downs, Hayle, Cornwall TR27 5DQ 

**October 2018** 

**IER** 

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## **Section B                           Disclosure** 

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 

**Give here brief details of** Nothing to report **any items that the examiner wishes to disclose** . 

**October 2018** 

**IER** 

2