2023-12-31-accounts

Walmer Chapel CIO

Report and Accounts Year ended...31st December 2023

WALMER CHAPEL CIO

LEGAL & ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 31 DECEMBER 2023

ADDRESS FOR CORRESPONDENCE 30 Station Road Walmer DEAL CT14 7QS 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 Independent Examiner's Report Page 5 Receipts and Payments Account Page 6 Statement of Assets & Liabilities Pages 7-8 Notes to the Accounts

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WALMER CHAPEL CIO

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2023

The Trustees have pleasure in submitting the Report and Accounts for the period ended 31 December 2023

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 continued 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, women’s meeting, youth group, and coffee morning, and these were fairly well attended. Our outreaches in the town centre with a local evangelist continued where possible.

Services continued to be being live-streamed and sermons loaded to the website, as this has been a vital outreach to those at a distance or housebound. There has also been more demand for pastoral visitation, many having long term health challenges.

The monthly e-newsletter continued 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 which is now growing as more sign up to its confidentiality and for intercessory prayer.

During the year we saw some new faces, some of whom had first discovered us on the internet. One person was received into membership, one deacon was appointed, and one request was made for baptism which would be performed the following year.

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More contacts have been harvested via GDPR rules through the toddler and Sunday school groups which are open to the public, and also from visitors to the services. Regular pastoral telephone, in-person or email contact has been continued.

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 increased by £9,217.92, to £52,415.25, and expenditure decreased by £1,113.94, to £45,107.32. As a result the cash held by the charity increased by £7,307.93, to £47,569.06, of which £47,569.06 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 £47,569.06 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: 16 October 2024

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CHARITY COMMISSION FOR ENGIAND AND WALES Independent examiner's ￿port on the accounts Se¢tion A Independent Examiner's Roptyrt R•port to tho trust0￿1 memberty of W8lm&r Chap81 CIO On accounts lor the yaar ended 31bt Deomber 2023 Charity 1185852 Sot out on pag 6-9 l&ix to nine) I report lo t￿￿ Irustees on my exarninaiitin of the accounts of the above charty I'the Trust") for year Ènded 3111212023. Rg¥ponslbllltta8 and basls of report As the ¢fvarrty's trustees, you are ré6pon8ible for the preparation of the 8CGgunts In accordan￿ with th& requirements of the Chant￿8 Ac¢ 2011 I'the Act.). I report in respect of rny examination of the Trust's 8¢covnts carried out under section 145 of the 2011 Act and carrying out my examination, I have followed all th& applicable DireGtions given by the Charity Comrnission under section 14515llbl of the Act. Independent I have coM￿eted rny examinatson. I confirm that no matèrial matlers hav examiner's 8t•temont Gome to my attenlton in connection with the examination which gives me cause to believe that In, any material respect the accounting records wer¢ not kept It) accordallce with sectSon 130 of the Charities Act." or the accounts did not accord with the accounting records., or the accounts not Gornply with the applicable requirernents concernirig the form and conlenl of accounts set oul in the C*arities (Accounts and Reports) Rtrgulations 2008 other than any requirement that the accounts give a 'iru8 and fair, view which is not a matter consKlered as part of an Independent examination. I have no concerns and have come across no other matters in confiection with the e¥arnination to which attention sl¥)uld be drawn in this report In order to enab￿ a proper understarwjing of the acMunts lo be teached. Signéd: Oat•'. 14 OctotÈr 2024 Name.. Mrs J C Neame Relevant profe$$lonal qualthcationl81 or body Irf anyl: Instrtute of Charte￿d A(uuntants In England and WalÈs Addre¥s'. 52 Ham Shade5 Lane Whitstabk Kent CT5 1NX Page 4

WALMER CHAPEL CIO

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2023

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 £ £ 44,728 - 6,933 - - - 320 - 435 - 52,416 - 52,416 - 42,347 - 2,760 - 45,107 - - - - - - - - - 45,107 - 7,309 - - - 7,309 - 40,260 - 47,569 - Unrestricted Funds	Restricted Funds £ - - - - - - - - - - - - - - - - - - - -	2023 £ 44,728 6,933 - 320 435 52,416 52,416 42,347 2,760 45,107 - - - - 45,107 7,309 - 7,309 40,260 47,569	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

The notes on pages 7 - 8 form part of these accounts.

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WALMER CHAPEL CIO

STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2023

General Designated funds funds Notes £ £ A Cash funds Cash at bank with immediate access 47,569 - Notice deposits - - Petty cash - - 47,569 ZERO B Other monetary assets Gift aid due to charity 5,650 - Other debtors - - 5,650 - 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	2023 £ 47,569 - - 47,569 5,650 - 5,650 400 400 (optional) (optional) Current value 640,578 4,374 972 1,458 340 647,722	2022 £ 40,260 - - 40,260 4,920 - 4,920 400 400 (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: 16 October 2024

The notes on pages 7-8 form part of these accounts.

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WALMER CHAPEL CIO

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

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 (PAID in FEB 2024 £400) Administration and support Legal and professional fees, including subscriptions Other costs (Sundries/website/bank charges) 3 Grants paid in relation to charitable activities undertaken by others Grants for: Mission Support	Unrestricted Funds General Designated funds funds £ £ 34,784 - 710 - 331 - 2,498 - 671 - - - - - 810 - 2,543 - 42,347 - 2,760 2,760 -	Restricted Funds £ - - - - - - - - - - - -	Total 2023 £ 34,784 710 331 2,498 671 - - 810 2,543 42,347 2,760 2,760	Total 2022 £ 33,766 340 501 3,058 603 380 1,154 404 3,790 43,996 2,235 2,235	Total 2021 £ 33,763 160 90 1,888 971 690 568 625 3,315 42,070 1,670 1,670

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WALMER CHAPEL CIO

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

4 Transactions with related parties

Clive Lambden served as a church leader and was paid £26,377.12 (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 2022 £ 40,260 - - - - - 40,260	Receipts £ 52,416 - - - - - - 52,416	Payments £ 45,107 - - - - - - - 45,107 -	Transfers £ - - - - - - - -	Balance at 31 Dec 2023 £ 47,569 - - - - - - 47,569

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