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2023-12-31-accounts

Trustees’ Annual Report for the period

From 1[st] January 2023 Period start date To 31[st] December 2023 Period end date

Charity name: Llanwenarth Baptist Church

Charity registration number: 1184281

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The advancement of the Christian faith
according to the principles of the
Baptist denomination.
The Church may also advance education
and carry out other charitable purposes
in the United Kingdom and/or other
parts of the world.
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
The activities may include but are not
restricted to:

regular public worship, prayer,
Bible study, preaching and teaching;

baptism, as defined in the Baptist
Union’s Declaration of Principle;

the Communion of the Lord’s
Supper which shall normally be
observed at least once a month;

evangelism and mission, locally,
regionally, nationally and
internationally;

the teaching, encouragement,
welcome and inclusion of young people;

nurture and growth of Christian
disciples;

education and training for
Christian and community service;

giving and encouraging pastoral
care;

supporting and encouraging
charitable social action in the United
Kingdom and abroad;

encouraging relationships with
and supporting Baptists and other
Christians.

being fully involved as
appropriate with the local community.
Statement confirming
whether the trustees have
Para 1.18 I confirm the trustees have had regard to
the guidance issued by the Charity

had regard to the guidance Commission on public benefit issued by the Charity Commission 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 N/A
Policy on social investment
including program related
investment
Para 1.38 N/A
Contribution made by
volunteers
Para 1.38 All Church members and deacons who
contribute to the running of the church
do so voluntarily.
Other

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 Church made donations of £500 to
good causes such as Christian Aid,
Leprosy Mission and Baptist missionary
Society.
The Church has continued to offer
services to all who wish to praise God.
This includes Christmas and Easter
services when local people attend.
The Luncheon Club offers a good value
meal and company for local people.
A Messy Church was started for
younger children.
Additional information (optional)
You may choose to include further statements where relevant about:
Additional information (optional)
You may choose to include further statements where relevant about:
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against Para 1.41 No formal targets were set.
objectives set
Performance of fundraising
activities against objectives
set
Para 1.41 No formal targets were set.
Investment performance
against objectives
Para 1.41 Our investments made by Brewin
Dolphin increased by 9.02% in the year
to 31st December 2023
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 At 31st December 2022 the charity has
liquid assets of £300,922. Also property
assets for Church use of £690,000
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 We hold reserves in order use the
returns to contribute to providing
ministry at the Church, and the upkeep
of the church.
Amount of reserves held Para 1.22 £300,922
Reasons for holding zero
reserves
Para 1.22 N/A
Details of fund materially in
deficit
Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 N/A

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

Congregational Offerings. In addition to
congregational giving we also received
tax repayment from Gift Aid.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 We invest to make a return that can be
used to contribute to paying for Ministry
and upkeep of buildings.
A description of the principal
risks facing the charity
Para 1.46 Falling membership.
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution
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 Election to post by the membership.
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures
adopted for the induction
and training of trustees
Para 1.51 The Charity Trustees will make available
to each new Charity Trustee, on or
before his or her first appointment:
a copy of this constitution and any
amendments made to it;
a copy of the Church’s latest trustees’
annual report and statement of
accounts; and
a summary of key issues that have
recently been under consideration by
the Charity Trustees with sufficient
background information to enable the
newly appointed Charity Trustee to gain
an understanding of the ways of
working among the Charity Trustees
with the intention that a newly appointed
Charity Trustee will be helped to
understand the work of the Church and
their responsibilities so as to contribute
positively to Charity Trustees meetings
as soon as possible after their
appointment.
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 The Church is membership organisation
and it’s leadership team consist of
elected deacons/trustees.
The Church is a member of the Baptist
Union of Wales and the Gwent Baptist
Association. It is also a member of the
Baptist Union of Great Britain.
Relationship with any
related parties
Para 1.51 None

Other

Reference and Administrative details

Charity name Llanwenarth Baptist Church
Other name the charity uses
Registered charity number 1184281
Charity’s principal address 8 Glanmoor, Gilwern, Abergavenny, Monmouthshire.
NP7 0DT

Names of the charity trustees who manage the charity

1
2
3
4
5
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19
20
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Andrew David
Baker
Church Secretary From July 2019
Allan Williams Church Treasurer From February2020
Helen Dawn
Botting
From July 2019
Nansi Mort From July2019
Derek Carpenter From February2021

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
Welsh Baptist Union
Corporation
Since 1990

Funds held as custodian trustees on behalf of others

Description of the assets
held in this capacity
Church, School Room,Graveyard, Field, Manse
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects
The Welsh Baptist Union Corporation (WBUC) is a full
trustee for the property owned by Llanwenarth Baptist
Church.
The objects of the WBUC is THE PROMOTION OF THE
INTERESTS OF THE WELSH BAPTIST DENOMINATION.
Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets
Deeds for assets held at Pothecary, Witham and Weld,
Solicitors for the WBUC.

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) Full name(s) Andrew David Baker Position (eg Secretary, Church Secretary Chair, etc) Date 28[th] March 2024

D¢•¢l•r¥tions Th• tw¥t••s dKl•re thatth•y hw• pprovod tho truJta•s' r•port•bov•. Slgnod on b•h•ll of th• ¢hrlty'8 tr￿t￿% Slgn*tur•{Jl Full namolsl P￿ttl￿N 199 Svcretsry, Chalr. •t¢l Andw David Bak•r Churth S8crwary 28° Marth 2024

Llanwenarth Baptist Church Flnandal Statement for Year Ended 31.December 2023 Go￿ra1 R•ceipts and Payiiwnt Account 2023 2022 Ro¢olpts Offerings Tax RefvrKI Donatsons Rents Fees Raised for Causes Miscellanews Brewin Oolphin Teasl Luncheon club 17019 4223.58 18.46 450 16518.84 4613.14 15562.23 265 950 271.00 3107.29 486.60 3994.69 892.61 Totsl Roc•lpts 4&94 41287.50 Payments MIn￿ty and Mission Upkeep of Prernises Administration Passed to Other Causes Brewin Dolphin 281971.67 14704.21 1973.57 897.25 4072.48 12034.87 1108.00 1865.85 Total Payment• 299646.70 19081.20 Net Recelpl8lPaym•nl• Balance at 31.12.22 Unpmonted Chequas Balance at 31.12.23 -270401.78 22206.30 330229.03 $9827.27 ststement of A6•ets and Ll•bllltlo8 at 31.1222 Assets HSBC A(tount 8rewin Dolphin Hekl for Churth Use Total Assets 59827.27 241095 05 69￿00.00 990922.32 330229.03 226165.70 415000.00 971394.73 Llabilitles P8nsKm Scheme Debt

These accounts have been prepared on a 'receipts ar￿ payments. basis 8TKI in accordance Se((¥) 133 Chaniies Act 2011. Note5 1.W Ralsed for Other Causes TUrkey1S￿la Misc Leprosy Abergavenny Coundl of Churd Totsl 255.00 6.60 140.00 85.00 486.60 2.tKI Mlnlstry and MIS￿On Gross Stipend {Mintster rthred at eTrJ 2￿21) Ministerfs Expers 0.00 Assomblies etc 0.00 Employerfs Pensi¢￿ (B¥￿.81 Union) 12.00 Employerfs Nl 0.00 Visrting Ministy 2265.00 Manse co8￿Pl￿cha8e. ryirs. InSur￿Ce.Water, Iwt 279694 87 Totsl 281971.67 The Ministèr would Vtt￿n in office 88 of the thurth's Inthes WKI receives Temuner8t￿n and othèr benefits in resFec of hi8 gs Miniw. Including the provision of manse aCcommodat￿n 3.00 Upkeep of Premlses Heal and knghl Cleanlng Insurance Repairs and Malnten Miscellaneous Totsl 3091.29 1739 fNJ 2901.07 6627.13 345.72 1470421 4.00 Admlnlstratlon Secretarial Expenses Advertising Subscriptions Miscellaneou$ Account chwge8 Total 0.00 0.00 1187.98 839.89 145.70 1973.57 5.00 Passed to Other Causes Samaritans Purse Leprosy Christl8n Ald Samaritsns Purse Gwent Ba[￿'st Asso¢ Abercofc BUGB Totsl 140.CMJ 200.(M) 160. 146.25 8500 166.C 897.25 6.00 Assets Held for Churth Use The church is the benef￿la1 (sw to the relevant trusts) of Ihè follryAiTrJ 8ssets'. 1.ChLsrch wemises at station Road, Govilon, the legal Irtle to vthKh is h8kJ ty the churth. custodian trustee lthe Baptist Union of Wales ColF￿tion Ltd] valued in the accounts at £xxxx based on insured value. 2 A burial ground at Stall￿t Road. Govilon. No meaningful value is available so it has Th)t been irK4uded In the StsterTVrt or Assets 3 A Mar￿0 was pur¢ha*J at 8 of 275,C 4 The church 81s0 owns fixtures. fuFTh'lure arml with an irwred Val￿ of Total 400000.00 275000 00 15000.00 691)000.00

7.00 Pension Stheme l>ebt The Church is 8 Participating em￿0yer in the Bapts'st Pension (the Scheme). vthich 1$ a separate legal entityadminislered by the Pengon T[￿18e IBapth"st Pen￿OnTruSt Limrtedl. The assets of the Scheme are held separatety from ITrK)se of the Employer and the other participating employers. SirKe 2012 penS￿S been paid by means of a Defined Contribution Plan. In July2022 the Church was given the ath￿ce bekrw. Tho Bap￿st Ponslon Schem8 (Yhe Scheme")- Defined Benefit I"DB"I Pln Update on rlsk reductlon and ftrture employer DrfKit R￿0Very Contributions To all employers parts'cipats"ng in the Bapbst Pension Stheme's DB Plan, This email is being serrt to you jointy from the Baptist Union and the Trustee of the Scheme as a participab'ng employer in the Defingd Benefft Sect￿ of the Baptt'sl Pwsion Scheme . It sgts out some very Wive ne￿ Ihe fu￿￿e of lh8 Sthenk'$ DB Plan arvj your contribuiiorn lo It Buy4n poltcy We are very pleased to announce that we have signed an agreement wth the insuranee company Just Group I'Ju8t'} to secure DB Plan n￿Mb￿S, Fension benefils. This agreemeftt 15 referted to a8 a 'bLry-in Folicy.. It fdl(Avs a similar agreement vth Just in 2019 that eovered most pensions in payment al that lime. The eomtlned agreements mean that Just ¥e providing financjal backing for all DB Fensi¢)ns prowded through the Scheme's DB Plan. Deficlt Recov•ry Contrlbutlons IDRC81 The costs of such Fdicies aie18rgely drivon ty firwKi81 ma￿ets WKI th88e haNB mo4d sub8tan￿8lty in the Schem8'8 favour, partb￿j1arfY over the c￿r8e of the last fth¥ mcth. As a result. this transaction tskes the Scheme (xrt of a shortlall pO%t1￿ ￿ the first time In fv¥o d￿des. Although risk8 remain. the Bapts'st Union a￿1 the Trustee have agreed that deficit r contributions from each partbcipats'rvJ emplw in ts DB Ptan will reduce to just £1 pgr month from August 2022.

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the ' accounts Section A Independent Examiner s Report I LLAlMEt￿RTH &4FfisT CHURCH On ac￿Unts for the year | 31112r2023 I Charity no11184281 {of driy j j et out on pages I 'i- I reDOrt lo the trustees mv exaMW￿l￿ of the aCcO￿ts ot the above i ffte I rusi l Tof IF￿ year 31M2f2023. ResDonsibilities and basis of ret)ort As Ihe thafiivs tntstees. vw a￿ reSDcytsib￿ for the LYeDaration of the accounts in aC￿)rd￿ ￿1th the r8Juirements of Ihe Charities Art ￿1.. I report in respect of my examinati￿) d the Trusfs ac(%)￿ Carried out . e£ctiin 145 ￿ tr.e 2011 Ad in Lzrtvina out mv examinati￿. I !n!!rnwA a!! Ihp 2rJnlirAhb nir￿¥￿.¢ hv h¢s Charty Commission urbjer section 145(5){b) of the ACL Independent I have cxmnwed my examination. I CLYthmi that no material matters have the acts)￿ts did mt accord with ts accAwnting records; or the accoL¥ts rnt comply wilh Ihe 4011cab￿ ￿U1rem￿ts (Accounts and ReFx)rts) Regulaticms 2CM)8 other than any requIrem￿rt that the accO￿lts give a a￿1 fairf view thich is a matter Sianed: I 14elevant Drofessional I quaiiTicaiionisD or bodv I hcj

any): Addr￿". I L9A) Section B Disclosure Only o)molete rf the exami￿ needs to hI￿ll￿t Material matters of cA)n￿[r, qUI(Jan￿ tor examiws}. Give here brief details of I any ttems that the exam1r￿r wishes to disclose.