Charltable Incorporated Organlsation- Reglstered No.- 1183787 CaBiC TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD I" January 2024 TO 31 DECEMBER 2024 CaBIC CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31" DECEMBER 2024 Charity Information Report of the Trustees Receipts and payments account CaBiC CHARITY INFORMATION FOR THE PERIOD ENDED 31 DECEMBER 2024 REGISTERED NAME: CaBiC TRUSTEES., Rev Brian Dunlop Christine Wisdom Paula Sion Moloney (resigned 2Ph March 20241 Rachel Cottell Stuart Hutton PRINCIPLE OFFICE: 6 Bath Mews, Bath Parade Cheltenham. Gloucestershire GL53 7HL REGISTERED CHARITY NUMBER: 1183787 BANKERS: CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling ME19 4JQ CaBIC REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 DECEMBER 2024 The Trustees present their report togetherwith the financial statements of the Charity for the year ended 31" December 2024. The accounts have been prepared on a receipts and payments basis in accordance with sectlon 133 of the Charities Act 2011, applicable to charities registered in England and Wales that are not companles and whose gross income is not greater than £250.tK(J. OBJEcfivES AND AcllviTES Objectives The Objectives of the Charity are to act for the public benefit in the Cheltenham Di5tritt and Bishop's Cleeve Output area and such other areas in England and Wales as the Charity Trustees may decide from time to time.. l. The advancement of the Christian faith for the benefft of older people, their families, 3nd carers by- al Holding seNices, prayer meetings and bible studies bl Identifying and seNing the pastordl and spiritual needs of older people. their families, and carers, and, cl Supporting and training local church communities to achieve (al and {bl above for the public benefit. 2. The relief of need amongst older people by working with local agencies and communities to identify ond serve the pastoral and spiritual need5 of such older people. their families. and carers. Actlvltle5 Our focus remained on care homes during the year. We maintained our relationship the existing care homes delivering, praise Servi￿5. Holy Communion and Messy Vintage session5. We also continued to email a written seNice to an increasing number of care homes. During the year our new Administrator became familiar with the charivs activities, organised necessary action on DBS checks and safeguarding training. She developed communication5 With the volunteers and organised a Social event for them to build a Sense of team. We began to have request for befriending from individual5. Achievements and Perfom)ance The year was mainly one of consolidation and Intr¢xlucin8 more formal procedures and monitoring of metrics. We joined a meeting wtth the national Anna Chaplaincy lead and the Diocesan head of Mission and Ministry to explore how we might help Anna Chaplaincy (ievelop elsewhere in the Diocese. We continue to support BRF Ministrie5 at a National level. The way ahead A Messy Vintage planning group is being set up. We will continue to seek more trustees to ensure Suc￿$s1On and a broader skill set. We will continue to explore how we mlght best provide befriendlng in the community FINANCIAL REVIEW Total income for the period wa5 £4.883.40. with expenditure of £6,325.41. Unrestritted reserves were £13,815.86 on 31" December 2024. Reserves Policy The Trustees have reviewed their policy, considering guidan￿ by the Charity Commission. so as to establish an acceptable level of reserves which is ihe comerstone of prudent financial management of the Charity. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives, even if there is a temporary Shortfall in income or unexpected expenditure and will endeavour not to Set aside funds unnecessarily. The aspiration of the Trustees is to hold sufficient funds whereby the unrestrirted funds not committed or invested in tangible fixed assets I'the free reservegl held by the charity represent between three and six months of running costs. This amount will be assessed through the current busines5 plan is estimated to be between £3,IM)O to £6,000. Our current reserves on 31" December 2024 were £13,815.86. StRucfuRE, GOVERNAN￿ AND MANAGEMEMr Governing Document The charity was registered on ￿ June 2019 as a Charitsble Incory)orated Organisation ICIOI and began operating then. It is governed in accordance with the constttution submitted to the Charity Commission and agreed as of that date. Trustees Trustees are elected and removed by the existing Board of Trustees. The maximum number of Trustees shall be 12 and the minimum shall be 3. The current number of Trustee5 is 4 as of 31S1 December 2024. Tnjstees a￿ recruited for various skills they bring to the organisation and for their diversity in churchmanship and der)omination. New Trustees will be issued with an induction pack. encouraged to undergo training, and will be invited to visit a number of places during their first year to gain knowledge of the value of the service we aiming to provide. The Board of Trustees has been meeting quarterly and will continue to meet at least four times a year for formal business at which long-term strategy, current direction and finan￿ will be considered. In addition to thls there are occasional ad hoc meeting5 arranged to consider specific tOPiC5. for example, policy development and review. The CaBiC administrator provides a regular update on activities and achievements for each Trustee meeting and attends these to take minutes and update on arising situations. STATEMENT OF TRUSTEES RESPONSIBIUTIES The Trustee5 are required under Charity law to prepare financial Statements for each financial year. The Trustees are responsible for keeping proper accounting records. which disc105e with reasonable accurary at any tirne the financial position of the Charity and to enable them to ensure that the financial statements comply with applicable laws and regulation5. They are aL50 ￿sponSible for ensuring that the Charity malntains an adequate system against loss or unauthorised use to prevent and detect fraud and other irregularitie5. INDEPENDENT EXAMINER The gross income of the charity is below the £25.(KIO threshold which required èn independent examination. As such the Trustees have chosen not to appoint an independent examiner. On Behalf of The Board Revd Brlan Dunlop. Chair Date: I" October 2025 CHARITY COMMISSIO FOR ENGLANC> AND WALE Receipts and payments accounts CC16a For the perlod from To 0110112024 3111212024 Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the ngarest to th6 n•aro$t£ to the nearest £ to tho n•¥r•$t e to thg nearosl £ Al Recelpts Individual Donations LIFE Development Fund Grant Sslv8nu$ Lysons Grant Church l organ15alions donations Course fee don2iion Interest receiv*d 3,223 3,3BS 4,000 4,000 1,872 £0 16 1,$64 69 28 1,564 69 ross income AR) 4,aB3 4,883 13,333 Total receipts 4,883 A3Pa ments BBnk Fees S¥laries Operalional Èxpenses Insurance A¢cDunlanls 70 4,010 1,420 610 216 70 4,010 1,420 610 216 7,30 29e 450 586 HMRC Sub total 6,32S 6,325 9,213 Total payments 6,325 Net of re¢elpts/(payments) AS Transfers b8tWe8n fund5 A6 Cash funds last year end Cash funds this year end CCXX R1 accounts ISSI 2111012025 Section B Statement of assets and liabilities at the end of the period Unrestricted funds to n9ar95r£ Re$tri¢ted funds Endowment fund5 to neare¥t£ Categories Details to nearest£ B1 Cash funds CAF Bank 13,816 Total cash funds 13,816 law bèlènceswiih receIpisar￿ pay￿￿rts arKoLrfsll Signed by one or trustees on behalf of all the trustees Signature Print Name Date of roval Brlan Dunlop 0111Q12025 stuart Hutton 0111012025 CCXX R2 accoun15 ISSI 21110r2025