## **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
6
7
8
9
10
11
12
13
14
15
16
17
18
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• ¢h*rlty'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 $9827.27 ststement of A6•ets and Ll•bllltlo8 at 31.1222 Assets HSBC A(tount 8rewin Dolphin Hekl for Churth Use Total Assets 59827.27 241095 05 69￿00.00 990922.32 330229.03 226165.70 415000.00 971394.73 Llabilitles P8nsKm Scheme Debt These accounts have been prepared on a 'receipts ar￿ payments. basis 8TKI in accordance Se(*(¥) 133 Chaniies Act 2011. Note5 1.W Ralsed for Other Causes TUrkey1S￿la Misc Leprosy Abergavenny Coundl of Churd Totsl 255.00 6.60 140.00 85.00 486.60 2.tKI Mlnlstry and MIS￿On Gross Stipend {Mintster rthred at eTrJ 2￿21) Ministerfs Exper*s 0.00 Assomblies etc 0.00 Employerfs Pensi¢￿ (B¥￿.81 Union) 12.00 Employerfs Nl 0.00 Visrting Ministy 2265.00 Manse co8￿Pl￿cha8e. ryirs. InSur￿Ce.Water, Iwt 279694 87 Totsl 281971.67 The Ministèr would Vtt￿n in office 88 of the thurth's Inthes WKI receives Temuner8t￿n and othèr benefits in resFec* of hi8 gs Mini*w. Including the provision of manse aCcommodat￿n 3.00 Upkeep of Premlses Heal and knghl Cleanlng Insurance Repairs and Malnten Miscellaneous Totsl 3091.29 1739 fNJ 2901.07 6627.13 345.72 1470421 4.00 Admlnlstratlon Secretarial Expenses Advertising Subscriptions Miscellaneou$ 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 Pl*n 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 mo4*d 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.