2022-03-31-accounts

BOGNOR REGIS BAPTIST CHURCH

(CHARITABLE INCORPORATED ORGANISATION) ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2022 (15 MONTHS)

CHARITY REGISTRATION No: 1179247

Delling Lane Bosham PO18 8NF

Independent Examiners Ltd Unit 2 The Broadbridge Business Centre

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BOGNOR REGIS BAPTIST CHURCH (CHARITABLE INCORPORATED ORGANISATION) CONTENTS

Page 3 Trustees Annual Report

Page 4 Statement of Financial Activities

Page 5 Balance Sheet

Page 6 Trustees’ Responsibilities

Pages 7

Notes to the Financial Statements

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BOGNOR REGIS BAPTIST CHURCH (CHARITABLE INCORPORATED ORGANISATION)

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2022

Introduction

This is the annual report for Bognor Regis Baptist Church which is currently transitioning from an unincorporated charity to a charitable incorporated organisation. The unincorporated charity is registered under number 1133946.

Reference and administrative information

The name of the charity is Bognor Baptist Church UK, charity number 1179247. The address of the principle office is 73 Victoria Drive, Bognor Regis, PO21 2TD.

The Trustees of the charity are:

• Jamie Stephen John Fredricks (Chair)

• Alister Williams

• Julie Passmore(resigned 31.3.21,reappointed 17.2.22)

• Nicholas Drury

• Jonathan Lex

• Sandra Bolton

• Josephine Lesley Parnell (resigned 12.6.21)

• Daniel Clark (appointed 13.5.21)

• David Lacey (appointed 13.5.21)

• Jessica Lacey (appointed 13.5.21)

Structure, Governance and Management

Bognor Regis Baptist Church is a Associated CIO registered on the 18th July 2018. The only voting members are the Charities Trustees.

Objectives and Activities

The principle purpose of the church is the advancement of the Christian faith according to the principles of the Baptist denomination. The church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.

A summary of the main activities undertaken in relation to these objects can be found in Trusts Annual report. (See charity number 1133946)

Achievements and Performance

The CIO implementation has not yet been completed.

Financial Review

The accounts for Bognor Regis Baptist Church are attached for the year ending 31[st] December 2021. The remainder of the funds were held by the Trust and passed through their accounts.

The policy on reserves can be found in the Trusts Annual Report.

The approach taken to the management of risk can be found in the Trusts Annual Report.

Funds held as Custodian Trustee -This section is not applicable.

Trustees Responsibilities

The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the CIO. They are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees on …………………………………… 12th July 2022

Signed on their behalf by Trustee……………………………….

Jonathan Lex Print Name……………………………………………………………

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BOGNOR REGIS BAPTIST CHURCH (CHARITABLE INCORPORATED ORGANISATION)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022

Notes Income TOTAL INCOME EXPENDITURE ON: Raising Funds Charitable Activities Governance–Accountancy Fees TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) Transfer between funds NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total Funds Brought Forward TOTAL FUNDS CARRIED FORWARD	15 Months Unrestricted Funds Restricted Funds TOTAL 31.3.22 0 0 0
	0 0 0
	0 0 0 0 0 0 0 0 0 0 0 0
	0 0 0
	0 0 0
	0 0 0
	0 0 0
	0 0 0 0 0 0
	0 0 0

Movements on all reserves and all recognised gains and losses are shown above. All of the organisation’s operations are classed as continuing.

The notes on pages 6 to 7 form part of these financial statements.

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BOGNOR REGIS BAPTIST CHURCH (CHARITABLE INCORPORATED ORGANISATION)

BALANCE SHEET AT 31ST MARCH 2022

Notes Tangible assets Current Assets Debtors Cash at bank in hand Total Current Assets Creditors: amounts falling due within one year NET CURRENT ASSETS NET ASSETS Funds of the Charity General Funds Restricted Funds Total Funds TRUSTEES' REPONSIBILITIES	15 Months Unrestricted Funds Restricted Funds 31.3.22 Total £ £ £ 0 0 0 0 0 0 0 0 0 0 0 0
	0 0 0
	0 0 0 0 0 0
	0 0 0
	0 0 0
	0 0 0
	0 0 0
	0 0 0

The Charities Act 2011 requires the trustees to prepare financial statements for each financial year which presents a true and fair view of the state of affairs of the CIO and of the surplus of the CIO for that period. In preparing those financial statements the trustees are required to:

• a) select suitable accounting policies and then apply them consistently.

• b) make judgements and estimates that are reasonable and prudent.

• c) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the CIO will continue in business.

• d) state whether applicable accounting standards and statements of recommended practice have been followed subject to any material departures disclosed and explained in the financial statements.

These accounts were approved by the Trustees of the CIO on the:

Date …………………………………………………………. 12th July 2022

On their behalf by ………………………………………….

Jonathan Lex

Print Name………………………………………………….

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BOGNOR REGIS BAPTIST CHURCH (CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022

1. ACCOUNTING POLICIES

Basis of preparation

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) issued on 16 July 2014 and with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and with the Charities Act 2011. The CIO constitutes a public benefit entity as defined by FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

There are no material uncertainties about the CIO's ability to continue in operation.

Annual Commitments

There are no annual commitments under non-cancelling operating leases and no capital commitments.

Assets

These are capitalised if they can be used for more than one year and cost at least £300. They are valued at cost, or if gifted, at the value to the organisation on receipt.

Depreciation Expense

Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a straight-line basis over 3 years from the month they are purchased.

2. TANGIBLE FIXED ASSETS

There were no fixed assets held by the CIO during the financial period.

3. PUBLIC BENEFIT

The organisation acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the organisation has achieved this are provided in the Trustees' report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the organisation should undertake.

4.INCOME AND RESOURCES

Donations Total Funds	Unrestricted Funds Restricted Funds 31 Mar 22 Total £ £ £ 0 0 0
	0 0 0

5.a) EXPENDITURE ON RASING FUNDS

Unrestricted	Restricted	Total
Funds	Funds	31 Mar 22
£	£	£
0	0	0
0	0	0

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BOGNOR REGIS BAPTIST CHURCH (CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022

5.b) EXPENDITURE ON CHARITABLE ACTIVITES

Bank Charges Charitable Donation to associated charity	Unrestricted Funds Restricted Funds Total 31 Mar 22 £ £ £ 0 0 0
	0 0 0

5.c) EXPENDITURE ON GOVERNANCE

5.c) EXPENDITURE ON GOVERNANCE
Accountancy Fees	Unrestricted Funds Restricted Funds Total 31 Mar 22 £ £ £ 0 0 0
	0 0 0

6. INVESTMENTS

The CIO held no investments during this financial period.

7. DEBTORS AND PREPAYMENTS

Sundry Debtors Gift Aid Tax Recoverable	Unrestricted Funds Restricted Funds Total 31 Mar 22 £ £ £ 0 0 0 0 0 0
	0 0 0

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Accountancy Fees 2020/21	Unrestricted Funds Restricted Funds Total 31 Mar 22 £ £ £ 132 0 132
	132 0 132

9. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR

The CIO held no long-term liabilities during this financial period.

10. STAFF COSTS, PAYMENTS TO TRUSTEES AND KEY MANAGEMENT PERSONNEL

The CIO did not employ any staff during this financial period.

No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them.

No remuneration or other benefits were paid to key management personnel.

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