## Walmer Chapel CIO Report and Accounts Year ended...31st December 2022 ## **WALMER CHAPEL CIO** ## **LEGAL & ADMINISTRATIVE DETAILS** ## **FOR THE YEAR ENDED 31 DECEMBER 2022** 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 BANKERS HSBC Bank PLC INDEPENDENT EXAMINER Jane Neame 52 Ham Shades Lane Whistable Kent CT5 1NX **INDEX** Page 1 Legal & Administrative Details Pages 2-3 Trustees' Report Page 4-5 Independent Examiner's Report Page 6 Receipts and Payments Account Page 7 Statement of Assets & Liabilities Pages 8-9 Notes to the Accounts Page 1 ## **WALMER CHAPEL CIO** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 DECEMBER 2022** The Trustees have pleasure in submitting the Report and Accounts for the period ended 31 December 2022 ## **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 course of this year, we were able to focus on building up the various 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 fairly well attended. Our monthly outreaches in the town centre with a local evangelist continued. Women’s meetings resumed from September with a new leadership and vision, and we also began a Christianity Explored course on alternate Tuesday evenings, starting with a few families, which quickly took on the character of a de-facto youth group, with up to eight teenagers attending Occasional public meetings continued, but attendance of these was still down compared to prepandemic times. Services are still being live-streamed and sermons loaded to the website, and the reach of these, indicated by ‘followers,’ ‘likes’ and comments, continues to steadily build, suggesting it ought to be retained. A new microphone has improved the sound quality of live-streaming. There has been evidence that the lives of members and listeners are being built up, with more requests for pastoral intervention. Weekly postal/email services were discontinued and replaced with the _monthly_ e-newsletter which comes with internet links, event dates and some thoughtful/biblical content. Paper copies are distributed to addresses without email or which requested post only. The newsletter is delivered to about 300 local homes along with the magazine ‘Cheering words,’ and extra copies are distributed to contacts; the print run varies according to the likely appeal of the content, with peaks around Easter, the end of the summer term, and Christmas. There is also a prayer email, sent roughly fortnightly, for an inner group who signed up for it in writing as invited to when the weekly news stopped. During the year we saw some new faces, some of whom had first discovered us on the internet. Some of these became regular attenders, and one was admitted into membership, while one couple left, up to the end of 2022. Page 2 More contacts have been harvested via GDPR rules through the toddler and Sunday school groups which are open to the public, and also one-off visitors to the Chapel. Regular telephone or email contact has been maintained pastorally, with personal visits increasing as restrictions eased. We give thanks to Almighty God for bringing us thus far in our walk with him; and leave all things in his hands for the future as we seek to be faithful to the calling we have received through the Lord Jesus Christ, to whom be all the glory. In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission. ## **Financial review** During the year income decreased by £9,463.18, to £43,197.33, and expenditure increased by £1,656.01, to £46,231.10. As a result the cash held by the charity decreased by £3,033.77, to £40,261.13, of which £40,261.13 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 £40,261.13 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. ## **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: 18 October 2023 Page 3 CHARITY COMMISSION FOR ETr￿LAND AND WALES Ind•pondont oxamlnerfs report on th• accounts Section A liidcpendefjt Exarriner s REport Wakner CWI CIO 3111 00￿mt￿l 2022 1185852 •nd•d 111 •ryl ¥ix to nirw>l I report lo on my *X￿￿￿8￿0n ol ollh• •bo chwlty Ilh8 Trugfl for th• yew ￿j•d 31112r2022. R￿pOn•1b11lI¥￿• •nd l>••b* of r•wt As lh• chanty's trust•es. you *• re*p)nsibkn for prep￿tiQfi ol lfr• cwnts in accordance ￿ th• fe¢wements ￿the Chames Act 2011 Ilhe Art I report in rnspecl i)r my ex•vrrir¥*iitin of lfre Tfttsfs xeounts carri•Y (Krt urthr ¥ecbon 145 of the 2011 Act In caryiTrJ 4yJt my exarninalK>n. I urth 6•clion 1495)Ibl Of￿ A¢1. •xamln•¢• •latsm•nt come to my anention hi COnThxt￿n wilh tho W**￿* gwe• me GOUSQ to b•l*ve th*t In. mat•rial re9￿Ct. ol th• Charities Ad." or the accounts did Tr)t cortwly wrth the wAremenl¥ conceming the fcrfm •ThJ coniwl of accoLJnts É•t oul in th8 CharitsB IAccowts and R•ptMtsI Rag￿lat￿n$ 2008 Olher Ih*n any requir•Thni that tha •ccourts a tr￿ la￿ ¥*w whlch th noi * mattor con9thred pwl of *n ithJtrwrth¢ èxaminatbr￿. I Iwe no concwn• Iwg GLYn8 *ro&8 ￿ othef mattery In connKtI¢ whh •xamin#ion to attent￿ s￿d be in this in ..[Mr*Jc￿9rn• R•kniwrt prof•sfslon•l qu•llfic•tiorf*l or l)ody Irf •tyl.' 52 Sh•d¢& Lone K•m CT5 1NX Page 4 eclioii B Oisclosure Il exar41e.' rhet￿:￿ .i.gh.4gh: ...ate.-.iil ir_aiters ol ronrer_I (we CC32. I￿10￿ndent ￿MIn%￿n cl chartty xu>Jnts dirnthons and •ny It•m• th•t th• •¥•mlTh•rTwI•l￿ to dl•clo•• Page 5 ## **WALMER CHAPEL CIO** ## **RECEIPTS AND PAYMENTS ACCOUNT** ## **FOR THE YEAR ENDED 31 DECEMBER 2022** |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
£
£
36,078
-
6,781
-
-
-
-
-
43
-
42,902
-
42,902
-
43,996
-
1,940
-
45,936
-
-
-
-
-
-
-
-
-
45,936
-
3,034

-
-
-
3,034

-
43,294
-
40,260
-
Unrestricted Funds|Restricted
Funds
£
-
45
250
-
-
295
295
-
295
295
-
-
-
-
295
-
-
-
-
-|2022
£
36,078
6,826
250
-
43
43,197
43,197
43,996
2,235
46,231
-
-
-
-
46,231
3,034
-
-
3,034
-
43,294
40,260|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| |---|---|---|---|---|---| |||General
Funds
£
36,078
6,781
-
-
43
42,902
42,902
43,996
1,940
45,936
-
-
-
-
45,936
3,034

-
3,034

43,294
40,260|||| The notes on pages 8 - 9 form part of these accounts. Page 6 ## **WALMER CHAPEL CIO** ## **STATEMENT OF ASSETS AND LIABILITIES** ## **FOR THE YEAR ENDED 31 DECEMBER 2022** |General
Designated
funds
funds
Notes
£
£
**A**
**Cash funds**
Cash at bank with immediate access
40,260
-
Notice deposits
-
-
Petty cash
-
-
**40,260**
**ZERO**
**B**
**Other monetary assets**
Gift aid due to charity
4,920
-
Other debtors
-
-
**4,920**
**-**
**C**
**Liabilities**
**Falling due within one year**
Fee for Independent Examination
400
-
**400**
**-**
**D**
**Assets retained for charity's own use**
Land and buildings (give brief details)
One very old tin building and Brick Church
Music and PA equipment
Computers and IT
Furniture
Equipment
Unrestricted Funds|Restricted
funds
£
-
-
-
**ZERO**
-
-
**-**
-
**-**
Fund to
which asset
belongs|2022
£
40,261
-
-
**40,261**
4,920
-
**4,920**
400
**400**
(optional)
(optional)
Current
value
640,578
4,860
1,080
1,620
378
648,516|2021
£
43,294
-
-
**43,294**
5,288
-
**5,288**
400
**400**
(optional)
Cost
£
640,578
6,000
1,365
2,000
470
650,413| |---|---|---|---| Current values have been estimated by the trustees. ## **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: 18 October 2023 The notes on pages 8 - 9 form part of these accounts. Page 7 ## **WALMER CHAPEL CIO** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2022** ## **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. |**2**
**Payments in relation to charitable activities undertaken directly**
Employment costs (see note 4)
Ministry expenses
Maintenance of buildings & equipment
Utilities including broadband
Insurance
Independent examination
Administration and support
Legal and professional fees, including subscriptions
Other costs (Sundries/website/bank charges)|Unrestricted Funds
General
Designated
funds
funds
£
£
33,766
-
340
-
501
-
3,058
-
603
-
380
-
1,154
-
404
-
3,790
-
43,996
-|Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-|Total
2022
£
33,766
340
501
3,058
603
380
1,154
404
3,790
43,996|Total
2021
£
33,763
160
90
1,888
971
690
568
625
3,315
42,070| |---|---|---|---|---| - **3 Grants paid in relation to charitable activities undertaken by others** |Grants for:
Mission Support|1,940
1,940|-|295
295|2,235
2,235|1,670
1,670| |---|---|---|---|---|---| Page 8 ## **WALMER CHAPEL CIO** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2022** ## **4 Transactions with related parties** Clive Lambden served as a church leader and was paid £25,379 (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. ## **6 Movement of funds** |General funds
Designated funds
Organ Fund
Church Repair Fund
Restricted funds
Mission Fund - UKRAINE appeal
Pastoral Care Fund
Total funds|Balance at
31 Dec 2021
£
43,294
-
-
-
-
-
43,294|Receipts
£
42,902
-
-
-
295
-
295
43,197|Payments
£
45,936
-
-
-
-
295
-
-
295
-
46,231
-|Transfers
£
-
-
-
-
-
-
-
-|Balance at
31 Dec 2022
£
40,260
-
-
-
-
-
-
40,260| |---|---|---|---|---|---| Page 9