CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independenl Examiner's Report Report to the Irustaes Fountains Church Bradford On accounts for the yèar endod 31 December 2022 Charlty no (If any) 1183423 Set out on pag•s I report lo th6 trusteès on my examination of the accounts of the above charity I'the Trust-) for the year ended 3111212022. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with th8 requirements of the Charilies Act 2011 I'lhe Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 AGI and in carrying out my axamination, I have followed all the applicable Directions given by the Charity Commission under section 145(5Xb) of the Act. Independent The charity's gross income exceeded £250,000 and l am qualified lo examlnerfs statement undertake the examination by being a qualified member of ICAEW. 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.. the accounting records were not kept in accordance with s8clion 130 of the Charities Acl.. or the accounts did not accord with the accounting records.. or the accounts did not comply with the applicable requirements concerning the fomi and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part 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 Ihis report in order to enable a proper understanding of the accounts to be reached. . Please delele Ihe words in the brackets if they do not apply. Slgned: Date: 18th May 2023 Name: Emma Wilson FCA Relevant professional qualrficationlsl or body lif any): FCA {ICAEW) IER Oct 2018 Address: 15 Victoria Mews. Cottingley Business Park. Bingley, BD16 1 PY Section B Disclosure Only complete if the examiner needs lo highlight material matters of concern (see CC32. Independent examination of charity accounts: directions and guidance for examiners). Give hère brief delalls of any items that the examiner wishes to disclose. The report from 2021 has been reviewed and all observations noted have been duly dealt with by the charity. We also note that there has been a change in finance personnel and as such a more robust reporting system is now in place giving the charity a much better framework to report from. The are now able them lo make more meaningful decisions and access information at a click of a button. Th6 observation noted in 2021 regarding Grace Kitchen Fund has been reviewed and the deficit noted. This area still shows a historic deficit but the much improved reporting means this cannot happen in the future. IER Oct 2018 ## **FOUNTAINS CHURCH BRADFORD** ## **ACCOUNTS** ## **FOR THE YEAR ENDED** ## **31 December 2022** ## **THE ELDWICK CHURCH LEP** ## **INDEPENDENT EXAMINER'S REPORT - 2022** ## **Independent Examiner's report to the Trustees Council of Fountains Church Bradford** I report on the accounts of the Trust for the year ended 31 December 2022 which are set out on pages 3 and 4 together with the accounting policies and notes on pages 5 to 8. ## **Respective responsibilities of the Trustees and the Independent Examiner** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to **:** - (i) examine the accounts under section 145 of the 2011 Act; - (ii) follow the procedures laid down in the general Directions given by the Chairty Commission under section 145(5)(b) of the 2011 Act; and - (iii) state whether particular matters have come to my attention. ## **Basis of Independent Examiner's Statement** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts. ## **Independent Examiner's Statement** In connection with my examination, no matter has come to my attention: **1.** which gives me reasonable cause to believe that, in any material respect, the requirements to keep accounting records in accordance with Section 130 of the 2011 Act; or to prepare accounts which accord with the accounting records have not been met; **or** **2.** to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Emma Wilson FCA** The Old Malthouse Ryecroft Bingley BD16 1DH ## **14 May 2023** Page 2 ## **FOUNTAINS CHURCH BRADFORD** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE PERIOD ENDED 31 DECEMBER 2022** |**Note**
**INCOMING RESOURCES**
Donations and grants
**2a**
Church activities
**2b**
Other incoming resources (investments, etc.)
**2d**
**TOTAL INCOMING RESOURCES**
**RESOURCES USED**
Missionary & charitable donations
**3a**
Activities directly related to Church work
**3b**
Fund Raising & Publicity
**3c**
**3d**
**TOTAL RESOURCES USED**
**SURPLUS/ (DEFICIT) FOR THE YEAR**
**TRANSFER BETWEEN FUNDS**
**FUND BALANCES B/F AT 1 JANUARY**
**BALANCES C/F AT 31 DECEMBER**|**Unrestricted**
**Restricted**
**Funds**
**Funds**
**£**
**£**
72,954
259,446
34,219
0
404
0
**107,577**
**259,446**
6,236
84,000
94,415
38,626
1,966
0
50,419
111,398
**153,036**
**234,024**
**(45,459)**
**25,422**
-
-
**-45,459**
**25,422**
**92,128**
**80,925**
**46,669**
**106,347**|**2022**
**Total**
**£**
**332,400**
**34,219**
**404**
**367,023**
**90,236**
**133,041**
**1,966**
**161,817**
**387,060**
**(20,037)**
-
**(20,037)**
**173,053**
**153,016**|2021
Total
£
352,250
8,851
9
361,110
4,887
270,484
198
275,569
85,541
-
**85,541**
87,512
173,053| |---|---|---|---| The accounting policies and notes on pages **5 to 8** form an integral part of these financial statements. Page 3 ## **FOUNTAINS CHURCH BRADFORD** ## **BALANCE SHEET AS AT 31 DECEMBER 2022** |**Note**
**FIXED ASSETS**
**CURRENT ASSETS**
Debtors & prepayments
**8**
Cash at bank and in hand
**Current Assets**
Sundry creditors & accruals
**9**
**NET CURRENT ASSETS / (LIABILITIES)**
**NET ASSETS / (LIABILITIES**
**REPRESENTED BY:**
Unrestricted Funds
Restricted Funds
**10**
**TOTAL RESERVES**
**Signed:**
_Minister_
_Treasurer_
**CURRENT LIABILITIES**
(amounts falling due within 1 year)|**2022**
**£**
**4,878**
**88,196**
**65,291**
**153,487**
**5,349**
148,138
153,016
**46,669**
**106,347**
**153,016**|2021
£
0
30,109
150,303
180,412
7,359
173,053
173,053
92,128
80,925
173,053| |---|---|---| ## **Date: 14 May 2023** The accounting policies and notes on pages **5 to 8** form an integral part of these financial statements. Page 4 ## **FOUNTAINS CHURCH BRADFORD** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2022** ## **1. ACCOUNTING POLICIES** The Accounts (financial statements) have been prepared in accordance with the Church Accounting Regulations 2006, and in accordance with Accounting and Reporting by Charitie: Statement of Recommended Practice applicable to charities preparing their accounts in accorance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Charities Act 2011 and applicable regulations. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the Trustees' Council is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of church members. ## **Funds** - General Funds are not subject to any restrictions regarding their use and are available for application to the general purposes - Designated Funds are those monies which the Trustees have decided to allocate for particular purposes. They are also unrestricted in that the Trustees are free to re-designate them. - Restricted Funds are only available to be applied for the purposes for which they were given. ## **Incoming Resources** - Collections are recognised when received by or on behalf of the Trustees' Council. - Planned giving is recognised when received. - Income tax recoverable on donations eligible for Gift Aid & GASD is recognised when the donation has been received. - Grants and legacies are accounted for as soon as the Trustees are notified of legal entitlement. - Funds raised at social events are accounted for gross. - Income from cafe sales or from hire of accommodation are accounted for gross. - Hire income from the letting of church premises is recognised when the income is due. - Dividends and interest are accounted for when receivable and are received gross of tax. ## **Resources Used** - Grants and donations are accounted for when paid over, or when committed by the Trustees' Council. - The Diocesan & Circuit Share is accounted for when payable. ## **Gains and Losses on Investments** - Realised gains or losses are recognised when investments are sold. - Unrealised gains or losses are accounted for on revaluation of investments at 31 December. ## **Fixed Assets** - Consecrated & beneficed property is excluded from the accounts in accordance with s.10(2)(a) & (c) of the Charities Act 2011. - No value is placed on movable church furnishings as the Trustees consider these to be inalienable property. - Expenditure incurred on repair and maintenance of the above assets is written off when incurred. Other items of equipment are capitalised, if over £2,500 individually, and are then depreciated over four years, in equal annual instalments. ## **Current Assets** - Amounts owing to the Trustees' Council at 31 December in respect of fees, rents or other income are shown as debtors, less provision for amounts that may prove uncollectable. - Short-term deposits comprise accounts held with the Bank . Page 5 ## **FOUNTAINS CHURCH BRADFORD** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2022** |**2 INCOMING RESOURCES**
2(a) **Voluntary Income**
Donations and legacies
Non-profit income
Other primary income
Grants
Regular giving
Gift aid
Service income
2(b) **Activities for generating funds**
Wedding fees
Sales
2(c) **Income from investments**
Dividends and interest received
**TOTAL INCOMING RESOURCES**|**Unrestricted**
**Restricted**
**Total**
**Total**
**General**
**2022**
2021
**Funds**
**Funds**
**£**
£
7,019
1430
**8,449**
43,645
-
-
**-**
27,538
-
-
**-**
-
2,550
256,037
**258,587**
205,101
63,296
421
**63,717**
59,035
136
-
-
**136**
**-**
14,218
225
1,558
**1,783**
2,713
72,954
259,446
**332,400**
352,250
1,107
-
**1,107**
-
33,112
-
**33,112**
8,851
34,219
-
**34,219**
8,851
404
-
**404**
10
404
-
**404**
10
107,577
259,446
367,023
361,111| |---|---| Page 6 ## **FOUNTAINS CHURCH BRADFORD** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2022** |**3 RESOURCES USED**
3(a) **Mission & Outreach - Donations & Costs**
Charitiable contributions
3(b) **Activities directly relating to the church**
Advertising
Admin
Accountancy fees
Bank charges
Computer costs
Cleaning
Church activites
Equipment
Evangelism and outreach
Furniture
Hospitality
Insurances
Motor vehicle costs
Office administration
Sundry costs
Phone costs
Printing, postage and stationery
Professional services
Rent
Repairs and maintenance
Subscriptions
Utilities
Travel and accomodation
Waste disposal|**Unrestricted**
**Restricted**
**Total**
**Total**
**General**
**2022**
2021
**Funds**
**Funds**
**£**
£
6,236
84,000
**90,236**
4,887
**6,236**
**84,000**
**90,236**
4,887
634
140
**774**
549
-
-
**-**
-
4,428
-
**4,428**
2,055
183
-
**183**
444
195
89
**284**
59
7,140
-
**7,140**
3,121
1,157
**4,278**
3,122
55
**3,177**
22,038
158
-
**158**
2,296
55
-
**55**
224
5,457
1,869
**7,326**
3,996
572
170
**742**
1,738
1,641
1,706
**3,347**
4,249
3,418
-
**3,418**
5,194
1,451
-
**1,451**
1,137
1,268
58
**1,326**
1,836
2,843
-
**2,843**
696
7,078
4,502
**11,580**
3,673
16,872
6,779
**23,651**
19,313
5,799
321
**6,120**
5,133
3,439
676
**4,115**
3,592
14,811
21,104
**35,915**
21,005
6,994
-
**6,994**
3,873
3,736
-
**3,736**
-
**94,415**
38,626
**133,041**
103,100| |---|---| Page 7 ## **FOUNTAINS CHURCH BRADFORD** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2022** |3(c) **Fund-raising and publicity**
Costs of social events
3(d) **Staff costs**
Salaries
Training
**TOTAL RESOURCES USED**
**NET INCOME / (DEFICIT)**|**Unrestricted**
**Restricted**
**General**
**2022**
2021
**Funds**
**Funds**
**£**
£
1,966
-
**1,966**
198
**1,966**
**-**
**1,966**
198
47,829
111,398
**159,227**
164,873
2,590
-
**2,590**
2,512
**50,419**
**111,398**
**161,817**
167,385
**153,036**
**234,024**
**387,060**
275,570
**(45,459)**
**25,422**
**(20,037)**
**85,541**| |---|---| Page 8 ## **Trustees’ Annual Report for the period** **From: 1 January 2022 To: 31 December 2022** **Charity name: Fountains Church, Bradford Charity registration number: 1183423** Objectives and Activities .......................................................................................................................................... 3 Achievements and Performance .................................................................................................................................. 4 Financial Review ........................................................................................................................................................... 8 Structure, Governance and Management ................................................................................................................. 11 Reference and Administrative details ........................................................................................................................ 15 Declarations ............................................................................................................................................................... 18 2 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 ## Objectives and Activities ||SORP
reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The Charity's objects for the benefit of the public are:
3.1.1 to advance the Christian faith within the City of Bradford
Metropolitan District in the Diocese of Leeds and in
accordance with the doctrines, policies, practices and patterns
of worship of the Church of England by furthering its pastoral,
evangelistic, social and ecumenical activities; and
3.1.2 the prevention or relief of poverty in the City of Bradford
Metropolitan District by providing items and services to
individuals in need and/or charities, or other organisations
working to prevent or relieve poverty.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17
and 1.19|`♦`Rejuvenation and development of Glydgate building(s)
`♦`Church plant: Saturday Gathering
`♦`Church plant: Wrestling Church
`♦`Revitalisation, support and growth of network churches:
St Margaret’s Frizinghall & St Michael’s Shelf with St
Bernards Buttershaw
`♦`Community Engagement: Afghan Women’s Initiative
`♦`Community Engagement: Drop In
`♦`Community Engagment: Community meals
`♦`Community Engagement: Renew Wellbeing
`♦`Community Engagement: Stay and Play| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|As part of on-going development of the Trustee Board a new
induction process is to be introduced in 2023 which will
encompass the competencies and knowledge of CC guidance
on public benefit.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |Policy on grant making|Para 1.38|Not applicable| |Policy on social investment
including program related
investment|Para 1.38|Not applicable| |Contribution made by
volunteers|Para 1.38|There are c.150 volunteers supporting the CIO in various
guises from Welcome Team at services through food
preparation and serving, maintenance of the building. They
are also part of the pastoral care team and support grant
applications to further the work of the CIO.| |Other||N/A| 3 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 ## Achievements and Performance **----- Start of picture text -----**
SORP
reference
Summary of the main Para 1.20 2022 has been a year of stabilisation, reflection and renewed
**----- End of picture text -----**
|Achievements and Performance|Achievements and Performance|Achievements and Performance| |---|---|---| |SORP
reference||| |Summary of the main|Para 1.20|2022 has been a year of stabilisation, reflection and renewed| |achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.||sense of purpose as the management structure of FCB was
redefined and recruited to by the Trustees.
It is a difficult task to sum up this year in a few sentences. The
scripture God gave to us at the beginning of the journey that
led to Fountains Church Bradford was Isaiah 43. The Lord
says to Israel “Do not fear, for I have redeemed you; I have
summoned you by name; you are mine. When you pass
through the waters, I will be with you; and when you pass
through the rivers, they will not sweep over you. When you
walk through the fire you will not be burned; the flames will not
set you ablaze.” It has been apparent all through our journey
but in especially in this last year that God does not say ‘if’ but
“when’. Through all we have experienced this year we have
known God with us. At the beginning of the new year our Ops
Director left, one of our Associate Vicars needed to take time
out for family reasons and my PA and Marketing left, one of
our Missional Apprentices left and our curate was on
placement, so we had massive gaps in our team and
significant trauma to handle. We found that our finances had
not been managed in a way that would support our growing
organisation and needed remedial work to bring everything up
to a higher standard.
Over the year the city has returning to a new normal with
people returning to the City Centre post covid, we saw
significant payback for the celebration we had for the
completion of Phase 1 and 2a in stakeholders coming to us
and asking us to support initiatives that fitted well with our
missional objectives. For instance, the Fountains Drop in –
bringing together all key agencies’ benefits, housing, health,
drug and alcohol support, mental health, and job search to
support people attending our community meals. This was
brought into being within a few weeks of its concept being
floated and within a few weeks we saw people coming into our
café homeless and leaving with a key. We know lives have
been saved through testing for Hep C and have seen many
move into being supported through their addictions.
Our Sunday 4.30pm congregation has continued to thrive with
small groups being developed further, new groups added to
our Children’s Church and the addition of other health and
well-being groups midweek. The additional congregation at
7pm on the 1stand 3rdSundays have good numbers and act to
resource other churches as well as Fountains. A noticeable
new addition has been an All Age interactive service which
drawsyoungand old together to worship.| 4 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 |Summary of the main
achievements of the charity
(cont.)|Para 1.20|Our first network church was taken on with St Margaret’s
Frizinghall and Nathanael moved to part time at Fountains
to re-ignite this wonderful church in a Muslim-majority
parish, Nathanael has already seen some growth there.
Our second network church has been established with
Shelf/ Buttershaw St Michael’s and St Aiden’s the plan is to
do similarly in this outer estate parish, and we are hoping to
extend the network further in the coming months and years.
Saturday Gathering, our first congregational plant, has
continued to grow and we have continued to see baptisms
and confirmations come through this route. Wrestling
Church was initiated and likewise we have seen new people
come to faith, being baptised and confirmed through this
growing worshiping community. Our wrestling performances
serve to begin the conversation of faith with a community
under-represented in the church and we have seen our
auditorium filled with people often hearing the good news of
Jesus for the first time.
Fountains has had media coverage as the building
launched, developed and as we have seen the new
worshiping communities thrive. The latest has been a BBC
documentary covering Wrestling Church, with associated
interviews on Radio Leeds, Radio 2 and Look North.
Our staff team has now been strengthened with Paul Baxter
our Ops Manager, Ken Brown Finance Manager and Kim
Tidswell Building & Facilities Manager. This will enable us
to further develop the project and grow our ability to
forecast, plan and report on our financial position as well as
to grow our revenue generation from letting out space in our
building.
We are very grateful for the ongoing support of the SDU,
our senior team, the Diocese team, our trustees and our
staff team. We know for all of them this year has been
challenging too. But we also have seen the ‘new thing’ that
God has promised to us we have seen sons and daughters
returning from afar and ways in the wilderness being
created. We are excited for all the next year will bring.
Thanks be to God.| |---|---|---| 5 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 ## **Additional information (optional)** You may choose to include further statements where relevant about: **----- Start of picture text -----**
SORP Objectives by 2024 Progress
reference
Achievements against Para 1.41 7-day worship and 7 day worship and prayer in-person
objectives set prayer in Bradford and online.
City Centre
Worshipping We have a regular worshiping
Community of 500 by community of 187+ across the various
2024 congregations in the Resource
Church with increased congregation
numbers at both of the network
churches.
First plant Saturday gathering continues to
established and develop well with numbers around 40
second launched and usually around 30 people staying
for worship. There is flow into Sunday
congregation and we have
established a core group of 26 lay
people who are rotated to lead and
serve in this community. We have
now seen members of this community
being baptised and confirmed and a
discipleship group is being formed
mid-week.
Wrestling Church is now well
established with the congregation
meeting formerly on a bi-monthly
basis and with weekly small group
meetings to support new disciples.
There a group of baptisms and
confirmations planned for early in Q1
of 2023.
Multiple, sustainable We continue to raise funds to support
social enterprises our mission and ministry through
funding applications. We continue to
develop the lettings processes with
the help of the new Operations
Manager.
Positive civic With the localities hub the Fountains
reputation Drop In is now well established and
continuing strong relationships. With
Bradford winning City of Culture 2025
we continue to consider how we
prepare for this and build toward the
next stage of our civic presence. Late
in 2022 FCB applied for and was
awarded a grant to support the Drop
In by the Mayors Safer Communities
fund
Support for 2 other St. Margaret’s, Frizinghall, has seen a
resourcing church return, part time, of the incumbent and
plants is supported by Mission Apprentices.
Fountain’s Finance Manger has been
supported through links with the
treasurer of the St Margaret’s PCC.
**----- End of picture text -----**
6 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 **----- Start of picture text -----**
St. Michael & All Angels, Shelf &
Buttershaw were successful in
recruiting and appointing a new
incumbent who will lead the
congregation from January 2023. The
two leadership teams from Fountains
and St Michaels pray weekly together
and there is great anticipation as to
what the partnership will bring.
250 new / returning On track. We continue to see
disciples returning disciples joining us.
25 new lay leaders On track – 29 people leading within
the various groups including Saturday
Gathering.
6 Mission FCB have supported 4 Mission
Apprentices Apprentices to date and will begin
recruitment for the 2023 intake in Q1
& 2 of 2023.
10 Ordination Shelby Pocock is in discernment
Candidates process and others are in the early
part of discussions around
ordinations.
Performance of fundraising Para 1.41 Not applicable
activities against objectives
set
Investment performance Para 1.41 Not applicable
against objectives
Other Not applicable
**----- End of picture text -----**
7 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 ## Financial Review |Review of the charity’s
financial position at the end
of the period|Para 1.21|As outlined elsewhere in this report, 2022 has been a year of
transition and stabilisation.
**Internal processes and management reporting:**
A substantial amount of work has been carried out in the
period to restructure the bookkeeping and reporting so that
records are accurate and reporting can be used to support the
decisions of the Trustees in a much more timely manner. We
are now in a position where Restricted, Unrestricted and
Designated funds can be easily tracked, managed and
reported against.
The advent of the Operations Manager (Paul Baxter), Building
& Facilities Manager (Kim Tidswell) and the Finance Manager
(Ken Brown) have seen tighter controls around processes.
We now have improved interest in renting the spaces we have
around the church and have better arrangements for
contracting with external clients meaning that income from
conferencing and events, which had been put on hold for part
of the year whilst staffing and finances settled, has grown in
Q3 & Q4 and bookings into 2023 are already looking healthy.
From both a worship and revenue perspective we are very
much looking forward to the opportunities that the Phase 3
build will offer us.
**Regular Giving & Gift Aid:**
Regular giving has remained at a reasonable level but will
need to grow further as the congregation and needs of FCB
develop through 2023. Gift Aid claims have been processed
and been brought up to date for the past 4 years and going
forward will be managed on a quarterly basis, in arrears,
making use of ChurchSuite and potentially a migration to the
Parish Giving Scheme administered by the Diocese.
**Grant funding:**
The successful reset bid to the Strategic Development Fund
(SDF) allowed us to end 2022 safe in the knowledge that the
much needed work to Glydgate could be carried out taking into
account the impact of the pandemic on the income that FCB
has been able to generate and also the noticeable rise in costs
to carry out this type of building/development project. With the
pushing on of dates for when FCB needs to be fully self-
sustaining we have been able to review budgets and claims
and as a result clear down the backdated funds that were
owed to the Diocese for works completed in Phase 1 & 2a that
they had shouldered as the Landlord.
**Opportunities & Challenges:**
With the work for Phase 2b of the building due for completion
in Q3 of 2023 we are already in discussion with a number of
parties regarding tenancy so there will be commercial rental
income from this space. Work on the Cube will also provide
us with commercial rental income.
Alongside the Phase 2b & Cube works we have agreed to
have repair work carried out on the roof of the main building so
that Phase 3 is watertight and we can add a large Solar PV
array which will allow us to substantially reduce our utility costs| |---|---|---| 8 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 **----- Start of picture text -----**
which will form part of FCB being more self-sustaining in the
longer term.
Growth of the congregations at FCB, wider usage of the
building for commercial rentals and continued grant funding to
support our community projects are all positive and
encouraging but we will continue to have some limitations until
all of the works are completed in terms of congregation
numbers as we are already reaching capacity for some of our
services. We are blessed with a number of regular givers and
giving towards specific projects has been successful. In order
to fully meet our objectives for the mission of the CIO
sustained regular giving, increased commercial rental of the
building and continued growth and stewardship need to be
kept at the forefront of the congregations and FCB
management team.
Statement explaining the Para 1.22 A reserves policy has been drafted and will be finalised and
policy for holding reserves signed off in Q2 of 2023.
stating why they are held
Amount of reserves held Para 1.22 £30k which equates to approximately 3 months of non-SDF
funded costs.
Reasons for holding zero Para 1.22 Not applicable
reserves
Details of fund materially in Para 1.24 Not applicable
deficit
Explanation of any Para 1.23 Not applicable
uncertainties about the
charity continuing as a going
concern
**----- End of picture text -----**
## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Grants
Regular and occasional giving
Donations & legacies
Strategic Development Fund (SDF) – Central grant funding
from the Church of England
Conference and event revenue: Auditorium, The Well, The
Hub and Phase 3 (from Q2/3 2024)
Commercial sub-let of Phase 2b and The Cube|Grants
Regular and occasional giving
Donations & legacies
Strategic Development Fund (SDF) – Central grant funding
from the Church of England
Conference and event revenue: Auditorium, The Well, The
Hub and Phase 3 (from Q2/3 2024)
Commercial sub-let of Phase 2b and The Cube| |---|---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**Not applicable**|| |A description of the principal
risks facing the charity|Para 1.46|**Key Risks**|**Mitigations**| |||Recruitment delays and
issues|Advertising widely – increasing social
media| |||Team burnout due to
continued change|Regular rest days and holidays| |||Future funding
applications do not
materialise|Be generous on number of applications
and ensure the source of funding is
appropriate to the project.| |||Future building works
cost more than
expected.|Costs of rebuilding have outstripped
money available.| |||Damage to relationship
with city|Actively liaising with the council and other
sectors to support recovery following the| 9 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 **----- Start of picture text -----**
pandemic and positive support in the
development of City of Culture
Inability to recruit future Ensuring we have a positive presence on
MAs/ Curates etc social media so that people view
Fountains as a great opportunity.
Personal connections are proving key to
this.
Lack of growth of Giving growth has not been met due to
congregational giving the impact of COVID and growth being
more from poorer marginalised people.
Regular teaching and viewing giving as a
key part of our discipleship.
Failure to disciple Providing opportunities for people to learn
congregation into and develop – active and growing small
leadership groups – low bars to leadership but high
accountability.
Younger leaders do not Actively watching out for leadership
get spotted and potential not being afraid to take risks
discipled
Fuel costs become Continue to monitor fuel costs – watching
unsustainable, and cost for opportunities to reduce usage
of living crisis impacts
church sustainability
Leadership community Recruitment of stronger operations team
being absorbed into to support the growth of Fountains
outlying activities rather
than core tasks, e.g.
mission
Pandemic remerges Develop response strategy using learning
and restrictions are from the last two years
reimposed
Insufficient prayer leads Develop pattern of prayer based on
to a drift in the Morning Prayer/ Team prayer and
programme away from congregational prayer
Christ-centre priorities.
Safeguarding lapses Safeguarding training, mentoring
and scandals lead to encouraged, accountability and prayer
reputational damage. groups for individual leaders. Training to
recognise stress. Safeguarding team
responsiveness.
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10 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 ## Structure, Governance and Management **----- Start of picture text -----**
Description of charity’s
trusts:
Type of governing document Para 1.25 CIO - ASSOCIATION
(trust deed, royal charter) Registered 15 May 2019
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection methods Para 1.25 12. Charity trustees
**----- End of picture text -----**
|Description of charity’s
trusts:|Description of charity’s
trusts:|Description of charity’s
trusts:| |---|---|---| |Type of governing document
(trust deed, royal charter)
Para 1.25
CIO - ASSOCIATION
Registered 15 May 2019||| |How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25
**CIO**||| |Trustee selection methods|Para 1.25|**12. Charity trustees**| |including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees||**12.1**Functions and duties of charity trustees
The charity trustees shall manage the affairs of the CIO and
may for that purpose exercise all the powers of the CIO.
It is the duty of each charity trustee:
**12.1.1**to exercise his or her powers and to perform his or her
functions as a trustee of the CIO in the way he or she
decides in good faith would be most likely to further the
objects of the CIO; and
**12.1.2**to exercise, in the performance of those functions, such
care and skill as is reasonable in the circumstances
having regard in particular to:
**12.1.2.1**any special knowledge or experience that he or she
has or holds himself or herself out as having; and
**12.1.2.2**if he or she acts as a charity trustee of the CIO in the
course of a business or profession, to any special
knowledge or experience that it is reasonable to expect of
a person acting in the course of that kind of business or
profession.
**12.1.3**The charity trustees shall make provision for their
responsibilities to be served by:
**12.1.3.1**A Vice-chair| 11 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 **12.1.3.2** A Secretary, **12.1.3.3** A Treasurer. **12.1.4** The charity trustees shall appoint one of their number to act as Vice-chair to the charity trustees. **12.1.5** The charity trustees shall appoint one of their number to act as Secretary to the charity trustees. Failing such appointment the office of Secretary shall be discharged by some other fit person approved by the charity trustees who shall not thereby become a charity trustee except under the provisions of clause 12.8.5. **12.1.6** The charity trustees shall appoint one of their number to act as Treasurer to the charity trustees. Failing such appointment the office of Treasurer shall be discharged by some other fit person approved by the charity trustees who shall not thereby become a charity trustee except under the provisions of clause 12.8.5. **12.2 Eligibility for trusteeship 12.2.1** Every charity trustee must be a natural person. **12.2.2** No one may be appointed as a charity trustee: **12.2.2.1** If he or she is under the age of 16 years; or **12.2.2.2** if he or she would automatically cease to hold office under the provisions of clause 14. **12.2.3** No one is entitled to act as a charity trustee whether on appointment or on any re-appointment until he or she has expressly acknowledged, in whatever way the charity trustees decide, his or her acceptance of the office of charity trustee. 12 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 - **12.2.4** At least one of the trustees of the CIO must be 18 years of age or over. If there is no trustee aged at least 18 years, the remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee. ## **12.3 Number of charity trustees** - **12.3.1** The charity trustees shall comprise: - **12.3.1.1** The ex-officio trustees in accordance with clause 12.5 **12.3.1.2** up to three trustees nominated by the Bishop of Bradford in accordance with clause 12.6 (to be known as the "nominated trustees"); and - **12.3.1.3** up to two co-optative trustees appointed in accordance with clause 12.7 - **12.3.1.4** up to fifteen lay trustees elected by the members of the CIO in accordance with clause 12.8 (to be known as the "elected charity trustees"). - **12.3.2** The number of elected charity trustees shall be not less than three but will rise in the following increments: - **12.3.3** Six charity trustees where the membership register has more than 25 and less than 50 names, - **12.3.4** Nine charity trustees where the membership register has 50 names or more but less than 100 names, - **12.3.5** An additional three charity trustees for every further one hundred (or part thereof) names on the membership register up to a maximum of fifteen charity trustees. With the exception of the minimum of three, these numbers “six”, “nine”, “three” and “fifteen” may be altered from time to time by a resolution passed at any annual general 13 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 **----- Start of picture text -----**
||| |---|---| |meeting, but such resolution shall not take effect before| |the next ensuing annual general meeting.| |12.3.6|No charity trustee appointment may be made in excess| |of these provisions|.| |12.3.7|There must be at least three charity trustees. If the| |number falls below this minimum, the remaining trustee or| |trustees may act only to call a meeting of the charity| |trustees, or appoint a new charity trustee.| **----- End of picture text -----**
## **Additional information (optional)** You may choose to include further statements where relevant about: **----- Start of picture text -----**
|||| |---|---|---| |Policies and procedures|Para 1.51|As part of on-going development of the Trustee Board a new| |adopted for the induction and|induction process is to be introduced in 2023.| |training of trustees| |The charity’s organisational|Para 1.51|Can be provided on request.| |structure and any wider| |network with which the| |charity works| |Relationship with any related|Para 1.51|Not applicable| |parties| |Other|Not applicable| **----- End of picture text -----**
14 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 ## Reference and Administrative details |**Charity name**|Fountains Church Bradford CIO| |---|---| |**Other name the charity uses**|FCB, Fountains, Fountains Church, Fountains Church Bradford| |**Registered charity number**|1183423| |**Charity’s principal address**|Glydegate Square, Glydegate, BRADFORD, West Yorkshire, BD5 0BQ| |**Bankers**|CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent,
ME19 4JQ| ## **Names of the charity trustees who served the charity during the period ending 31 December 2022** **----- Start of picture text -----**
Trustee name Office (if any) Dates acted if Name of person
not for whole (or body) entitled
year to appoint
trustee (if any)
1 The RT Revd Dr Toby Matthew Chair 15 May 2019
Howarth Ex-officio Trustee
2 The Venerable Dr Andrew John Archdeacon 15 May 2019
Jolley Ex-Office Trustee
3 Jonathan Wood Diocesan Secretary 4 May 2020
of the Anglican
Diocese of Leeds
Ex-officio Trustee
4 Revd Linda Maslen Church Leader 15 May 2019
5 Terry Henry Vice-Chair 4 May 2020
6 Dr Oluwaseun Eniola Olabode 24 April 2022
7 Gareth John Medd 24 April 2022
8 Pippa Jones Co-opted Member - 24 April 2022
Finance
9 June Elisabeth Hill Grant funding 9 November
2020
10 Christopher Michael Butler Safeguarding Lead 25 April 2021
11 Sally Wilkinson 9 November
2020
12 Revd Peter Wilfred Gunstone Curate 12 September
2019
13 Rev Nathanael Poole Associate Priest 15 May 2019
14 Joanna Naomi Douglas 25 April 2021
15 Alice Czajka 9 November
2020
16 Dr Hendrika Jolley 9 November
2020
**----- End of picture text -----**
15 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 Corporate trustees – names of the directors at the date the report was approved **Director name N/A** Name of trustees holding title to property belonging to the charity **----- Start of picture text -----**
Trustee name Dates acted if not for whole year
N/A
**----- End of picture text -----**
## **Funds held as custodian trustees on behalf of others** |Description of the assets
held in this capacity|Not applicable| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|Not applicable| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets|Not applicable| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **----- Start of picture text -----**
Type of adviser Name Address
Legal AWB Charlesworth City Hub, 9-11 Peckover Street, Bradford, BD1
5BD
Independent Emma Wilson FCA Bailey Wilson Chartered Accountants, 15 Victoria
Examiner Mews, Mill Field Road, Cottingley Business Park,
Bingley, BD16 1PY
**----- End of picture text -----**
## **Name of chief executive or names of senior staff members (Optional information)** Paul Baxter - Operations Manager 16 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **Not applicable** ## **Other optional information** **Not applicable** 17 of 18 FCB CIO 2022 Trustee Report - AGM 14 May 2023 FOUNT AIMS CHURCH aP4DFOQO. Declarations fib Thg trustees d•clare that they ha¥e approved lh• trustees. report above Sbgned on behalf of the th#rlty's truste Slgnature Full nam• ILI&) X,* { 1 (Ir, c(&AIL Posrlion 1g.g. SKretary, Chalr. •tc) .L J ?oL.S S4gnature Full name Posftion 1917lz} FCBGLI a)22TrL•ta• Rwt. ￿01114 ktyfyJIJ 18or18