2024-12-31-accounts

Walmer Chapel CIO

Report and Accounts Year ended...31st December 2024

WALMER CHAPEL CIO

LEGAL & ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 31 DECEMBER 2024

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 (resigned October 2024) R.Sharkey BANKERS HSBC Bank PLC new one 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 2024

The Trustees have pleasure in submitting the Report and Accounts for the period ended 31 December 2024

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 & toddlers, 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, and these visits began to be expanded to contacts of contacts, when we heard of a need, and after it became possible to appoint a deacon.

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 over 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 beginning and end of the school year, and Christmas.

There is also a prayer email, sent roughly fortnightly, to an inner group for confidential intercessory prayer.

During the year we have found some more visitors worshipping with us, with family groups attending some of the special services. One person was received into membership, one member moved away, and three believers, though not members were baptised on profession of faith.

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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, text, inperson 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 £8,453.96, to £60,069.21, and expenditure increased by £10,072.56, to £55,179.88. As a result the cash held by the charity increased by £7,307.93, to £52,458.39, of which £52,458,39 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 £52,458.39 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: 23 October 2025

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WALMER CHAPEL CIO

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2024

Notes Income receipts Donations Gift aid receipts Gift a one off Other income 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 £ £ 48,978 - 7,708 - - - 940 - 583 - 58,209 - 58,209 - 50,644 - 2,080 - 52,724 - 596 - - - - - 596 - 53,320 - 4,889 - - - 4,889 - 47,569 - 52,458 - Unrestricted Funds	Restricted Funds £ 1,860 - - - - 1,860 1,860 1,800 60 1,860 - - - - 1,860 - - - - -	2024 £ 50,838 7,708 - 940 583 60,069 60,069 52,444 2,140 54,584 596 - - 596 55,180 4,889 - 4,889 47,569 52,458	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

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 2024

General Designated funds funds Notes £ £ A Cash funds Cash at bank with immediate access 52,458 - Notice deposits - - Petty cash - - 52,458 ZERO B Other monetary assets Gift aid due to charity 8,499 - Other debtors - - 8,499 - 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 (chairs purchased £596) Equipment Unrestricted Funds	Restricted funds £ - - - ZERO - - - - - Fund to which asset belongs	2024 £ 52,458 - - 52,458 8,499 - 8,499 400 400 (optional) (optional) Current value 640,578 3,937 875 1,908 306 647,604	2023 £ 47,569 - - 47,569 5,650 - 5,650 400 400 (optional) Cost £ 640,578 6,000 1,365 2,596 470 651,009

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: 23 October 2025

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 2024

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 (2023 & 2024) 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 £ £ 33,989 - 870 - 5,099 - 2,880 - 747 - 800 - 1,475 - 543 - 4,241 - 50,644 - 2,080 2,080 -	Restricted Funds £ 1,800 - - - - - - - - 1,800 60 60	Total 2,024 £ 35,789 870 5,099 2,880 747 800 1,475 543 4,241 52,444 2,140 2,140	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

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WALMER CHAPEL CIO

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4 Transactions with related parties

Clive Lambden served as a church leader and was paid £27,799.46 (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 - - Restricted funds Mission Fund - Two box donations received in paricular months designated mission Pastoral Stipend (an increase in Pastor's stipend was agreed dependant on designated donations received Total funds	Balance at 31 Dec 2023 £ 47,569 - - - - - - 47,569	Receipts £ 58,209 - - - 60 1,800 1,860 60,069	Payments £ 53,320 - - - - 60 - 1,800 - 1,860 - 55,180 -	Transfers £ - - - - - - - -	Balance at 31 Dec 2024 £ 52,458 - - - - - - 52,458

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