**Trustees’ Annual Report for the period** **From: 1 January 2023 To: 31 December 2023** **Charity name: Fountains Church, Bradford (‘FCB’) 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 2023 Trustee Report - AGM 26 May 2024 ## 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
`♦`Church plant: International Church
`♦`Revitalisation, support and growth of network churches:
St Margaret’s Frizinghall & St Michael’s Shelf with St
Aiden’s Buttershaw
`♦`Community Engagement: Drop In
`♦`Community Engagement: 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.| |||| |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.| 3 of 18 FCB CIO 2023 Trustee Report - AGM 26 May 2024 ## Achievements and Performance ||SORP
reference|| |---|---|---| |Summary of the main
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.|Para 1.20|The last 12 months have been a year of great blessing and
reward. The operations team has been significantly
strengthened with the new Operations Director and Finance
Manager moving fully into their roles and the Building and
Facilities Manager joining them. The focus on operations has
meant the policies, processes and procedures have been
consolidated in line with the growing organisation. This along
with the steady increase in congregations, further expansion
of small groups and increasing numbers of baptisms and
confirmations at Fountains, the growth we are seeing at St
Margaret’s Frizinghall and the addition of St Michael and St
Aidan’s to the Fountains Network has meant this has been a
year of both consolidation and growth.
We have seen change in our kitchen operations and have
appointed a new chef. Since his arrival the quality of the food
served has improved significantly and we are seeing an
increase in the requests for catering supplied to external
bookings and events which is helping towards our aim to
make the kitchen self-funding in the longer term. Numbers at
our two mid-week community meals and at Saturday
Gathering have also increased from the low thirties at the start
of the year to the mid to high seventies by the end of summer.
In October we introduced a nominal charge of £1 per meal at
the Tuesday and Thursday communities to help cover
increasing food costs. Not unexpectedly, numbers attending
the meals slumped initially but have risen again to around 45
per lunchtime. Consequently, the meals are quieter and less
frenetic and have allowed more space in which to have
meaningful conversations with those attending. It is
noticeable that a core group is developing who are beginning
to have conversations about FCB and Jesus away from the
church and have been encouraging new people to come with
them to the mealtimes. There is a real sense of family and
community building which is infectious.
In December we introduced a new worshipping community,
International Church, which meets on a Sunday morning
alternating between an online service and an in-person
service in the church. This grew out of one of our small
groups the leaders of which now lead International Church
supported by one of our mission apprentices. All three are
undertaking leadership training through the Myriad learning
pathway run by CCX. The congregation is aimed at
international students attending Bradford University but not
exclusively.
A new small group has been established run by one of the
mission apprentices and our intern and meets locallyin the| 4 of 18 FCB CIO 2023 Trustee Report - AGM 26 May 2024 city centre. This has supplemented well our support of the Chaplaincy at the University that has been in place since September and where we have introduced a midweek communion service, supported multi-faith activities and worked to draw together the Christian Societies in the Uni. In December, we appointed contractors to undertake the work on phase 3 and they started works in January 2024 with an aim to have completed by the end of June 2024. ## **Additional information (optional)** ## You may choose to include further statements where relevant about: ||SORP
reference|**Objectives by 2024**|**Progress**| |---|---|---|---| |Achievements against
objectives set|Para 1.41|7-day worship and
prayer in Bradford
City Centre|7day worship and prayer in-person and
online.| |||Worshipping
Community of 500 by
2024|Our Sunday 4:30 congregation
continues to grow steadily, as do
the new worshipping communities.| |||First plant
established and
second launched|A new worshipping community,
International Church, has been
established and meets on a Sunday
morning alternating between online
and in-person meetings. Made up
largely of international students the
congregation is around 53 strong and
growing.
Saturday gathering continues to
develop well with numbers around 70
and usually around 30 people staying
for worship. The transition under
Chris Enwerem’s leadership is going
well.
Wrestling Church is seeing more
people being baptised and confirmed
and discipleship group has now been
created.| |||Multiple, sustainable
social enterprises|We continue to raise funds to support
our mission and ministry through
funding applications. We continue to
develop the lettings processes and
this is significantly helping our| 5 of 18 FCB CIO 2023 Trustee Report - AGM 26 May 2024 ||||revenue stream. Whilst our social
enterprises have slowed this last year
following the moving on of the Director
we do anticipate that this will restart in
a more sustainable way as our kitchen
team develop. In October we
introduced a nominal charge for food
provision on Tuesday and Thursday,
although we still provide a free
alternative. Whilst numbers initially
dropped, they have steadily climbed
back.| |---|---|---|---| |||Operating Costs
Covered|Our giving has continued to hold
steady at around £5,000 pcm but we
need to continue to have
conversations with our congregations
on increasing giving to the levels in
our forecasts. Our concerns
regarding the impact of increasing
energy costs continue but we have
seen our negotiated fixed prices
extended. There is a delay on the
installation of solar panels as we await
planning permission.| |||Positive civic
reputation|With the localities hub, Fountains Drop
In is now well established and
continuing strong relationships within
Bradford. Fountains hosted an event
involving multiple local groups and
charities, off the back of which we have
taken several bookings and had a
number of enquiries regarding the
spaces at Fountains. Fountains is
already taking enquiries for hiring
space during the City of Culture 2025
festivities. We have links now with
Bradford Literature Festival and hosted
a celebration of 75 years since
Windrush and have established links
with community leaders for hosting
events around Black History Month in
Autumn.
The
DWP
have
now
instigated a further Drop In, monthly on
Tuesdays to go further into supporting
our different communities into work
and better living. Since October, the
Growth Company, which specialises in
the re-habilitation of ex-offenders, has
been using one of our spaces on
Monday, Thursday and Friday every
week as a drop-in centre.| 6 of 18 FCB CIO 2023 Trustee Report - AGM 26 May 2024 |||Support for 2 other
resourcing church
plants|On track. Reverend Poole and
Reverend Enwerem are working
through what it means for St
Margaret’s, Frizinghall and St Michael’
& All Angels, Shelf, to be a part of
FCB’s network and whether that
supports their longer-term aspirations.
From June, there has been a shared
service once a month on a Sunday
evening for prayer and worship.
The Board of Trustees has begun to
consider what the network means for
governance, there has been a co-
opted trustee from St Margaret’s,
although she resigned before
Christmas but continues to be a
member of the Finance sub-
committee and consideration is being
given to inviting a co-opted trustee
from St Michaels.| |---|---|---|---| |||250 new / returning
disciples|On track. We continue to see returning
disciples joining us.| |||25 new lay leaders|On track – 29 people leading within the
various groups including Saturday
Gathering.| |||6 Mission
Apprentices|Two Mission Apprentices have been
appointed for Fountains together with
an Intern. Both MA role s at St
Margaret’s have been filled but not yet
managed to fill our other vacancies at
St Michaels.| |||10 Ordination
Candidates|On track.| 7 of 18 FCB CIO 2023 Trustee Report - AGM 26 May 2024 ## Financial Review |Review of the charity’s
financial position at the end
of the period|Para 1.21|As outlined elsewhere in this report, 2023 has been a year of
continued stabilisation, growth & development.
**Regular Giving, Donations & 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 2024. Gift Aid claims continue to work well making use
of ChurchSuite.
**Grant funding:**
The Strategic Development Fund (SDF) remained the largest
element of FCB grant awards with funds supporting staffing,
running costs and building works.
Other
grants
awarded
were
to
support
specific
programmes/projects with an £8k award from the Mayors ’safer
communities fund to support the work of the Drop In married up
with funds from Warm Spaces and Welcoming spaces.
**Opportunities & Challenges:**
With Phase 2b of the building completed in the latter part of
2023 we ended the year having a pre-contracting agreement in
place for tenancy of the Phase 2b office space. It has also
allowed the FCB operational team to move upstairs into a
dedicated office space. The tenders and contracting for Phase
3 development of Glydgate were agreed in the last few weeks
of the year and, subject to unforeseen costs, should mean that
works are on schedule as planned for 2024 and should fall
within the allocated budgets for the last phase of the project. In
order to avoid costly price rises in Q1 of 2024 some of the
equipment for Phase 3 was agreed and ordered in advance.
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. The number of
regular givers and giving towards specific projects has been
successful.
2024 will sees the introduction of the taper in terms of funding
from the SDF. From July 2024 onwards, FCB will begin to
contribute towards non-clergy staffing, core running costs and
the costs of our clergy via the equivalent of a Parish Share. This
is necessary to fully meet our objectives for the mission of the
CIO, to encourage sustained regular giving, and for increased
commercial rental of the building. A review of existing rental
rates will be carried out and agreed in Q1 of 2024. Continued
growth and stewardship will need to be kept at the forefront of
the congregations’ and FCB management team minds.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|A reserves policy was agreed by the Trustees in 2023.| 8 of 18 FCB CIO 2023 Trustee Report - AGM 26 May 2024 |||The Trustees recognise that money should only be kept in
reserve for specific reasons – whilst the Bible clearly indicates
that we should not hoard it is also clear that sensible planning
for known events and planning responsibly for others (including
employees) is important.
As such we have set a target to have three months of non-SDF
funded running costs in unrestricted cash reserves in case of a
major problem (c.£30k) and in addition to have a further month’s
salaries in reserves (c.£10-12k).
**Policy:**it is the policy of this church to aim to keep three months
running costs and a further one month's salary costs in reserve
to cover unforeseen emergencies.
The reserves that we plan to set aside provide financial stability
and the means for the continued development of our principal
activities. Reserves will be monitored and reported as part of
the annual accounts, the bi-monthly Trustees meetings and as
part of the AGM for the church.
This policy will be reviewed ready for approval at the final
Trustee meeting of each financial year, normally November.|The Trustees recognise that money should only be kept in
reserve for specific reasons – whilst the Bible clearly indicates
that we should not hoard it is also clear that sensible planning
for known events and planning responsibly for others (including
employees) is important.
As such we have set a target to have three months of non-SDF
funded running costs in unrestricted cash reserves in case of a
major problem (c.£30k) and in addition to have a further month’s
salaries in reserves (c.£10-12k).
**Policy:**it is the policy of this church to aim to keep three months
running costs and a further one month's salary costs in reserve
to cover unforeseen emergencies.
The reserves that we plan to set aside provide financial stability
and the means for the continued development of our principal
activities. Reserves will be monitored and reported as part of
the annual accounts, the bi-monthly Trustees meetings and as
part of the AGM for the church.
This policy will be reviewed ready for approval at the final
Trustee meeting of each financial year, normally November.| |---|---|---|---| |Amount of reserves held|Para 1.22|£30k which equates to approximately 3 months of non-SDF
funded costs.|| |Reasons for holding zero
reserves|Para 1.22|We do not hold zero reserves.|| |Details of fund materially in
deficit|Para 1.24|There is no material deficit.|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|There are no uncertainties around going concern.|| ||||| |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|| ||||| |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.|Successful application for further SDF
money for building.| 9 of 18 FCB CIO 2023 Trustee Report - AGM 26 May 2024 |||Damage to relationship
with city|Actively liaising with the council and other
sectors to support recovery following the
pandemic and positive support in the
development of City of Culture| |---|---|---|---| |||Inability to recruit future
MAs/ Curates etc|Ensuring we have a positive presence on
social media so that people view
Fountains as a great opportunity.
Personal connections are proving key to
this.| |||Lack of growth of
congregational giving|Giving growth has not been met – we
continue to regularly discuss giving as
part of the main services. This has been
trailed in the Saturday Gathering and
Wrestling Church communities but needs
to develop into regular giving patterns.
This year will see us move missionally to
the businesses in the area actively
looking to find people who are Christian
businesspeople but not currently in
church.| |||Failure to disciple
congregation into
leadership|Providing opportunities for people to learn
and develop – active and growing small
groups – low bars to leadership but high
accountability.| |||Younger leaders do not
get spotted and
discipled|Actively watching out for leadership
potential not being afraid to take risks| |||Fuel costs become
unsustainable, and cost
of living crisis impacts
church sustainability|Installation of solar PV panels on our roof
as part of our building works.| |||Leadership community
being absorbed into
outlying activities rather
than core tasks, e.g.
mission|Recruitment of stronger operations team
to support the growth of Fountains| |||Pandemic remerges
and restrictions are
reimposed|Develop response strategy using learning
from the last two years| |||Insufficient prayer leads
to a drift in the
programme away from
Christ-centre priorities.|Develop pattern of prayer based on
Morning Prayer/ Team prayer and
congregational prayer| |||Safeguarding lapses
and scandals lead to
reputational damage.|Safeguarding training, mentoring
encouraged, accountability and prayer
groups for individual leaders. Training to
recognise stress. Safeguarding team
responsiveness.| 10 of 18 FCB CIO 2023 Trustee Report - AGM 26 May 2024 ## Structure, Governance and Management |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
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|Para 1.25|**12. Charity 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 2023 Trustee Report - AGM 26 May 2024 **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 2023 Trustee Report - AGM 26 May 2024 **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 2023 Trustee Report - AGM 26 May 2024 |||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.| |---|---|---| |||| |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|As part of on-going development of the Trustee Board a new
induction process was introduced in 2023.| 14 of 18 FCB CIO 2023 Trustee Report - AGM 26 May 2024 ## 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** ||**Trustee name**|**Office (if any)**|**Dates acted if**
**not for whole**
**year**|**Name of person**
**(or body) entitled**
**to appoint**
**trustee (if any)**| |---|---|---|---|---| |1|The Rt Reverend Dr Toby Matthew
Howarth|Chair
Ex-officio Trustee|15 May 2019|| |2|The Venerable Dr Andrew John
Jolley|Archdeacon
Ex-Officio Trustee|15 May 2019|| |3|Jonathan Wood|Diocesan Secretary
of the Anglican
Diocese of Leeds
Ex-officio Trustee|4 May 2020|| |4|Reverend Linda Maslen|Church Leader|15 May 2019|| |5|Terry Henry|Vice-Chair|25 April 2021|| |6|Dr Oluwaseun Eniola Olabode||24 April 2022|| |7|Gareth John Medd||24 April 2022|| |8||||| |9|June Elisabeth Hill|Grant funding|25 April 2021|| |10|Reverend Christopher Enwerem|Associate Priest|January2023|| |11|Shelby Pocock||14 May2023|| |12|Reverend Sharon Bavington|Curate|August 2023|| |13|Reverend Nathanael Poole|Associate Priest|15 May 2019|| |14|Joanna Naomi Douglas||25 April 2021|| |15|Alice Czajka||24 April 2022|| |16|Dr Hendrika Jolley||14 May 2023|| – Corporate trustees names of the directors at the date the report was approved **Director name None** 15 of 18 FCB CIO 2023 Trustee Report - AGM 26 May 2024 Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year **||| |---|---|---|---| |**None**|||| ||||| ||||| ||||| ||||| ||||| |**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)** |**Type of adviser**|**Name**
**Address**|**Name**
**Address**| |---|---|---| |**Legal**|AWB Charlesworth|City Hub, 9-11 Peckover Street, Bradford, BD1
5BD| |**Independent**
**Examiner**|Emma Wilson FCA|C/O Bailey Wilson Chartered Accountants, 15
Victoria Mews, Mill Field Road, Cottingley Business
Park, Bingley, BD16 1PY| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |Paul Baxter - Operations Manager||| Paul Baxter - Operations Manager 16 of 18 FCB CIO 2023 Trustee Report - AGM 26 May 2024 ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **Not applicable** ## **Other optional information** **Not applicable** 17 of 18 FCB CIO 2023 Trustee Report - AGM 26 May 2024 ## Declarations **The trustees declare that they have approved the trustees’ report above** **Signed on behalf of the charity’s trustees** **Signature** ## **Full name** **Position Chair of Trustees (e.g. Secretary, Chair, etc)** **Date 26 May 2024** ## **Signature** **Full name** **Position (e.g. Secretary, Chair, etc)** **Vice-chair of Trustees** **Date 26 May 2024** 18 of 18 FCB CIO 2023 Trustee Report - AGM 26 May 2024 ## **FOUNTAINS CHURCH BRADFORD** ## **ACCOUNTS** ## **FOR THE YEAR ENDED** ## **31 December 2023** ## **FOUNTAINS CHURCH BRADFORD** ## **INDEPENDENT EXAMINER'S REPORT - 2023** ## **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 2023 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 Charity 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 2024** Page 3 ## **Independent examiner's report on the accounts** |**Section A Independent Examiner’s Report**|**Section A Independent Examiner’s Report**| |---|---| |**Report to the trustees**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of report**|Charity Name
Fountains Church Bradford
31 December 2023
**Charity no**
**(if any)**
1183423
(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 31/12/2022.
As the charity's trustees, you are responsible for the preparation 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 all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.| **Independent** The charity’s gross income exceeded £250,000 and I am qualified to **examiner's 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 section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements 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 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 this report in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._ |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**|**Date:**|20th May 2024| |---|---|---| |||| ||Emma Wilson FCA|| |||| ||FCA (ICAEW)|| 1 **Oct 2018** **IER** **Address:** 15 Victoria Mews, Cottingley Business Park, Bingley, BD16 1PY ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of** No material matters to note for 31.12.2023 **any items that the examiner wishes to disclose** . 2 **Oct 2018** **IER** ## **FOUNTAINS CHURCH BRADFORD** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE PERIOD ENDED 31 DECEMBER 2023** |**Note**
**INCOMING RESOURCES**
Donations and grants
**2a**
Church activities
**2b**
Other incoming resources (investments, etc.)
**2c**
**TOTAL INCOMING RESOURCES**
**RESOURCES USED**
Missionary & charitable donations
**3a**
Activities directly related to Church work
**3b**
Fund Raising & Publicity
**3c**
Staff costs
**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**
**£**
**£**
128,069
470,748
27,039
1,008.00
891
-
**155,999**
**471,756**
97,245
0
83,530
270,394
6
1,759.00
35,917
143,414
**216,698**
**415,567**
**(60,699)**
**56,189**
-
-
**-60,699**
**56,189**
**46,675**
**106,341**
**-14,024**
**162,530**|**2023**
**Total**
**£**
**598,759**
**28,678**
**891**
**628,328**
**97,245**
**353,924**
**1,765**
**179,331**
**632,265**
**(4,510)**
-
**(4,510)**
**153,016**
**148,506**|2022
Total
£
332,400
34,219
404
367,023
90,236
134,615
1,966
160,266
387,083
(20,060)
-
**(20,060)**
173,053
152,993| |---|---|---|---| The accounting policies and notes on pages **5 to 8** form an integral part of these financial statements. Page 4 ## **FOUNTAINS CHURCH BRADFORD** ## **BALANCE SHEET AS AT 31 DECEMBER 2023** |**Note**
**FIXED ASSETS**
**CURRENT ASSETS**
Debtors & prepayments
Cash at bank and in hand
**Current Assets**
Sundry creditors & accruals
**NET CURRENT ASSETS / (LIABILITIES)**
**NET ASSETS / (LIABILITIES)**
**REPRESENTED BY:**
Unrestricted Funds
Restricted Funds
**TOTAL RESERVES**
**CURRENT LIABILITIES**
(amounts falling due within 1 year)|**2023**
**£**
**5,836**
**34,745**
**207,921**
**242,666**
**99,973**
**142,693**
**148,529**
**-14,001**
**162,530**
**148,529**|2022
£
4,878
88,196
65,291
153,487
5,349
148,138
153,016
46,675
106,341
153,016| |---|---|---| **Signed:** _Church Leader_ _Treasurer_ ## **Date: 14 May 2023** The accounting policies and notes on pages **5 to 8** form an integral part of these financial statements. Page 5 ## **FOUNTAINS CHURCH BRADFORD** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2023** ## **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 6 ## **FOUNTAINS CHURCH BRADFORD** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2023** |**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**
**2023**
2022
**Funds**
**Funds**
**£**
£
3,289
-
**3,289**
8,449
-
-
**-**
-
-
-
**-**
-
30,574
470,256
**500,830**
258,587
64,566
492
**65,058**
63,717
28,918
-
**28,918**
(136)
722
-
**722**
1,783
128,069
470,748
**598,817**
332,400
261
-
**261**
1,107
26,778
1,008
**27,786**
33,112
-
27,039
1,008
**28,047**
34,219
891
-
**891**
404
891
-
**891**
404
155,999
471,756
627,755
367,023| |---|---| Page 7 ## **FOUNTAINS CHURCH BRADFORD** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2023** |**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
Building works
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**
**2023**
2022
**Funds**
**Funds**
**£**
£
97,245
-
**97,245**
90,236
**97,245**
**-**
**97,245**
90,236
2,904
1,625
**4,529**
774
158
-
**158**
-
2,045
-
**2,045**
4,428
800
-
**800**
183
17
206,221
**206,238**
-
1,211
-
**1,211**
284
1,818
-
**1,818**
7,162
7,672
545
**5,835**
4,278
3,144
-
**3,144**
3,177
12,892
-
**12,892**
158
360
-
**360**
55
5,037
-
**5,037**
7,366
1,610
58
**1,668**
742
466
-
**466**
3,347
1,746
-
**1,746**
3,418
1,701
81
**1,782**
1,451
-
-
**-**
1,326
-
-
**-**
2,843
3,790
820
**4,610**
7,078
7,033
(860)
**6,173**
23,651
11,615
1,919
**13,534**
12,111
3,258
292
**3,550**
4,115
8,380
58,535
**66,915**
35,915
3,478
1,147
**4,625**
6,994
2,372
11
**2,383**
3,736
**83,507**
270,394
**351,519**
134,592| |---|---| Page 8 ## **FOUNTAINS CHURCH BRADFORD** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2023** |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**
**2023**
2022
**Funds**
**Funds**
**£**
£
6
1,759
**1,765**
1,966
**6**
**1,759**
**1,765**
1,966
35,917
143,414
**179,331**
157,676
-
**-**
2,590
**35,917**
**143,414**
**179,331**
160,266
**216,675**
**415,567**
**629,860**
387,060
**(60,676)**
**56,189**
**(2,105)**
**(20,037)**| |---|---| Page 9 ## **FOUNTAINS CHURCH BRADFORD** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2023** **----- Start of picture text -----**
AWI -
Restricte SDF 2R West
2R AWI - All AWI - AWI - d 2R BB 2R DI Safe 2R GK GK - GK GK 2R NW SDF FCB SDF FCB Network Yorkshire WR Pro
Restricte Churches CNet Mahabba Donation Baby Building 2R Drop DI Arnold Spots Restricte GK - Pressed GK G of Russell Salaries - Admin 2R Renew Building Running SDF FCB Church Redeemin 2R Wrestling 2R Youth
d 2R AWI Trust Bradford Network s basics Phase 2 In Clark BDMC d BACSA Flights H Van Bussey TRJFP Salary Wellbeing Costs Costs Salaries Pay g Wrestling - BDMC & Mission TOTAL
£ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £
Income
2(a) Voluntary Income - - - - - - - 492 - - - - - - - - - - - - - - - - - - 492
2(b) Church activities - - - - - - - - - - - - - - - - - - - - - - 1,008 - - - - 1,008
2(c) Other income - - - - - - - - - - - - - - - - - - - - - - - - - - -
2(d) Grant Income - 1,000 - - - - - - 1,300 - - - - - - - - - 500 200,535 134,575 118,672 13,674 - - - - 470,256
Total Income - 1,000 - - - - - 492 1,300 - - - - - - - - - 500 200,535 134,575 118,672 14,682 - - - - 471,756
Expenditures
Total 3(a) Charitable Contributions - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Total 3(b) Activities relating to Church - - 2,271 - 525 - - 125 - - - - - 3 - - - 382 - 81 206,822 60,690 - - - - - - 269,849
Total 3(c) Fundraising and publicity - 1,000 - 759 - - - - - - - - - - - - - - - - - - - - - - - 1,759
Total 3(d) Payroll Expenses - - 860 - - - - - - - - - - - - - - - - - - 127,895 14,659 - - - - 143,414
Total Expenditures - 1,000 3,131 234 - - 125 - - - - - 3 - - - 382 - 81 206,822 60,690 127,895 14,659 - - - - 415,022
Net Income/(Expenditure) - - - 3,131 - 234 - - - 125 492 1,300 - - - - 3 - - - - 382 - 419 - 6,287 73,885 - 9,223 23 - - - - 56,734
**----- End of picture text -----**