## Walmer Chapel CIO Report and Accounts Year ended: 31st December 2021 ## **WALMER CHAPEL CIO** ## **LEGAL & ADMINISTRATIVE DETAILS** ## **FOR THE YEAR ENDED 31 DECEMBER 2021** ADDRESS FOR CORRESPONDENCE Wise Follies The Square Elham, Kent CT4 6TJ GOVERNING DOCUMENT CIO Constitution dated October 2019 CHARITY REGISTRATION NUMBER 1185852 TRUSTEES RESPONSIBLE FOR C. Lambden - Pastor - Secretary MANAGING THE CHARITY P.Rees - Treasurer E.Phyall R.Packman R.Sharkey (Retired 5 October 2021) BANKERS HSBC Bank PLC INDEPENDENT EXAMINER Jane Neame 52 Han Shades Lane Whistable Kent CT5 1NX **INDEX** Page 1 Legal & Administrative Details Pages 2-3 Trustees' Report Page 4 Independent Examiner's Report Page 5 Receipts and Payments Account Page 6 Statement of Assets & Liabilities Page 7 Notes to the Accounts Page 1 ## **WALMER CHAPEL CIO** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 DECEMBER 2021** The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 December 2021. ## **Objects of the charity** The charity, which is a church, is governed by a constitution and is constituted as a CIO. The charity’s principal object is to demonstrate the Christian faith in action by the advancement of the Christian faith. We seek to glorify God by obeying the Bible. ## **Summary of the charity's main activities and achievements** To further the above objects and vision, the charity's main activities and achievements were as follows: During the first quarter of the year we were still in the second lockdown, finally reopening during April, gradually with tight restrictions at first. Over the course of the year, we were able to continue the many ministries of the Church: the regular Sunday morning and evening services for worship, midweek Bible study and prayer meeting, home group, Sunday School, mums & tots group, and coffee morning, and these were well attended. Our monthly outreaches in the town centre with a local evangelist were also able to continue. We were able to have our first public meetings (missionary, church history etc.) from the summer, and term-time activities from September. The only meeting that was not able to resume was the women’s group, many of whom are very old and have severe health issues. Services are still being live-streamed and sermons loaded to the website, and these are still being viewed either in real-time or after the event, with many ‘likes’ and comments. Printed/emailed correspondence also continued throughout 2021 for the few who still could not get to church. Plans were initiated to improve the quality of video recording etc. but are not yet implemented. As things opened up, and particularly around Christmas, we saw an increase in new visitors, some of whom continued with us, who may have first tuned in to us online. Overall, two people were admitted into membership and one left, with any further activity belonging to 2022. Distribution has continued of newsletters/magazines with the gospel message and testimonies, contact details and online invitations, to homes in the area around the church, and to contacts previously made. More contacts have been harvested via GDPR rules through the toddler and Sunday school groups which are open to the public. Regular telephone or email contact has been maintained pastorally, with many personal visits starting to materialise from that. As we come to the end of another strange and difficult year we rejoice in God who is sovereign over all, and who is working all things according to the counsel of His will for the glory of His name through the salvation of sinners, and that our Lord Jesus Christ is the same yesterday, today and forever. May he give us grace to do His will and work in the year ahead, as we pray for plagues and wars to cease, and attempt to reach the lost. In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission. Page 2 ## **Financial review** During the year income increased by £27,407.30, to £52,660.51, and expenditure decreased by £1,103.11, to £44,575.09. As a result the cash held by the charity increased by £8,085.42, to £43,294.90, of which £43,294.90 is unrestricted and can be used for any charitable purpose. ## **Reserves policy** The trustees have determined that the charity should aim to hold unrestricted cash of no less than £30,000 (which equates to about 8 months' of unrestricted expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £43,294.90 and the charity is complying with its reserves policy. ## **Governance** The policy and operating decisions of the charity rest with the Trustees, who meet regularly to monitor the activities of the Trust. Day to day management of church affairs is undertaken by the pastor/Elder of the Church, with the consent of the membership. All appointments are confirmed by the membership at the Annual General Meeting of the Church. ## **Organisational structure** In October 2021 one of the trustees, Robert Sharkey, term of office expired and steped down. ## **Risk statement** The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks. ## **Responsibilities of trustees** Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year. We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities. ## **Approval** This report was approved by the trustees and signed on their behalf by: Mr P Rees (Chair) Date: 19 October 2022 Page 3 CHARITY (OMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A ItTrdÈptiideni Exaininer's Report R•port to th¥ trusteesl me￿￿￿$ of Walmer Chapel CIO On accounts for th• y••r ended 31 De￿Mber 2021 Charlty no lff any) 1185852 S-7 (Five to Seven) I roport to the trustees on my oxamination charity Trhe Trustl forthp year endèj 31 the accoLsnts of the above R••pon*lbllM88 and As the thatity trusta88 of the Trust, you are respon$blef¢r the preparation basi5 of report ofthe account5 in accordan￿ wth the Wu1￿ments of the Chanties Ar* 2011 (Yhe ACV). I report in ￿SpeCt of my examinab.on of the Trust's accounts carried out under seLttion 145 of the 2011 Ad and in caryiro out my examination, I h8ve followed the appli¢abl& Dir￿tionS gwen by the Charty C￿Mi*s1on under section 14515llbl of the Aix. I have completed my examination. I tonfimi that no material matters have come to rny attention in connection with Ihe examination which gNes me CALtse te bdieve that in, any matellal resp8d.' a￿ThInting records were rKSt kept in accordance with 58tthon 130 of the Act or the accounls do not accord with x¢ounting r8cord8 Ind•pond•nt èxaminerfs stat¢m•nt I ha¥e no ￿nceM$ and have come xross no 0th8r matters In Connection with the examination to whKh attention 5houkl be drawn in ordorto enable pro r understanding of the account$ to be reached. Slgned: Dot•: Name- Mrs J C Neame fte￿a￿t prof•ssfjonal quallftc*lonlsl or body Ilf any).. ICAEW Address: 52 Ham Sh des Lar* ￿rtStab￿ Kent TS 1NX Page4 ## **WALMER CHAPEL CIO** ## **RECEIPTS AND PAYMENTS ACCOUNT** ## **FOR THE YEAR ENDED 31 DECEMBER 2021** |Notes
**_Income receipts_**
Donations
Gift aid receipts
Gift a one off
Credit
Interest
**_Total receipts_**
**_Payments_**
2
3
**_Total payments_**
Transfers between funds
6
**Net movement in funds**
Cash funds as at last year end
**Cash funds at this year end**
A
Purchase of fixed assets
Purchase of investments
Loans made
Net of receipts / (payments) before
Payments in relation to charitable activities
undertaken directly
Grants
paid
in
relation
to
charitable
activities undertaken by others||General
Designated
Funds
Funds
£
£
41,267
-
11,330
-
-
-
-
3
-
52,600
-
52,600
-
42,070
-
1,670
-
43,740
-
775
-
-
-
-
-
775
-
44,515
-
8,085
-
-
-
8,085
-
35,209
-
43,294
-
Unrestricted Funds|Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|2021
£
41,267
11,330
-
-
3
52,600
52,600
42,070
1,670
43,740
775
-
-
775
44,515
8,085
-
8,085
35,209
43,294|2020
£| |---|---|---|---|---|---| |||General
Funds
£
41,267
11,330
-
3
52,600
52,600
42,070
1,670
43,740
775
-
-
775
44,515
8,085
-
8,085
35,209
43,294|||| ||||||20,155
-
5,000
74
24| ||||||25,253| ||||||| ||||||25,253| ||||||44,231
2,384| ||||||46,615| ||||||-
-
-| ||||||-| ||||||| ||||||46,615| ||||||21,362
-
-| ||||||21,362
-
-| ||||||21,362
-| The notes on page 7 form part of these accounts. Page 5 ## **WALMER CHAPEL CIO** ## **STATEMENT OF ASSETS AND LIABILITIES** ## **FOR THE YEAR ENDED 31 DECEMBER 2021** |Notes
**A**
**Cash funds**
Cash at bank with immediate access
Notice deposits
Petty cash
**B**
**Other monetary assets**
Gift aid due to charity
Other debtors
**C**
**Liabilities**
**Falling due within one year**
Fee for Independent Examination|General
Designated
funds
funds
£
£
43,295
-
-
-
-
-
**43,295**
**ZERO**
5,288
-
-
-
**5,288**
**-**
400
-
**400**
**-**
Unrestricted Funds|Restricted
funds
£
-
-
-
**ZERO**
-
-
**-**
-
**-**|2021
£
43,295
-
-
**43,295**
5,288
-
**5,288**
400
**400**|2020
£| |---|---|---|---|---| |||||35,209
-
-| |||||**35,209**| |||||-
-| |||||**-**| |||||-| |||||**-**| ## **D Assets retained for charity's own use** |Land and buildings (insurance value)
One very old tin building and Brick Church
Music and PA equipment
Computers and IT
Furniture
Equipment|Fund to
which asset
belongs|Current
value
£
640,578
5,400
1,200
1,800
420
649,398|Cost
£| |---|---|---|---| ||||640,578
6,000
1,365
2,000
470| ||||650,413| Current values have been estimated by the trustees. The contents are insured at a value of £31,450. ## **E Guarantees and secured debts** The charity has not given any guarantees and has not provided its assets as security for any liabilities. The accounts were approved by the trustees and signed on their behalf by: Mr. P Rees (Chair) Date: 19 October 2022 The notes on page 7 form part of these accounts. Page 6 ## **WALMER CHAPEL CIO** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2021** ## **1 Accounting policies** The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs. General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. |Unrestricted Funds
General
Designated
funds
funds
£
£
**2**
**Payments in relation to charitable activities undertaken directly**
Employment costs (see note 4)
33,763
-
Ministry expenses
160
-
Maintenance of buildings & equipment
90
-
Utilities including broadband
1,888
-
Insurance
971
-
Independent examination
690
-
Administration and support
568
-
Legal and professional fees, including subscriptions
625
-
Other costs
3,315
-
42,070
-
**3**
**Grants paid in relation to charitable activities undertaken by others**
Grants for:
Mission Support
1,670
1,670
-|Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-|Total
2021
£
33,763
160
90
1,888
971
690
568
625
3,315
42,070
1,670
1,670|Total
2020
£| |---|---|---|---| ||||33,356
1,196
1,292
2,892
936
-
-
4,559| ||||44,231| ||||2,384| ||||2,384| ## **4 Transactions with related parties** Clive Lambden served as a church leader and was paid £25,330 net, for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document. No payments were made to any other trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity. Page 7