Trustees' Annual Report for the period Period start date Period end date Day Month Year Day Month Year From 1 January 2022 To 31 December 2022 Section A Reference and administration details Charity name Besson Street Chapel and Sunday School (the “CIO”) Other names charity is known by New Cross Christian Centre; Hatcham Evangelical Free Church Registered charity number (if any) 1186931 Charity's principal address Besson Street Chapel & Sunday School Besson Street London Postcode SE14 5AS
Names of the charity trustees who manage the charity
| 1 2 3 4 5 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Rev. Esther Arnold | Trustee | Trustees themselves | ||
| Rev. Edward Nsubuga-Smart |
Trustee | Trustees themselves | ||
| Pastor John Ballantyne |
Trustee | Trustees themselves | ||
| Pastor Charlotte- Catherine Hope- Rivers |
Trustee | Trustees themselves | ||
| Susan Akello | Trustee | Trustees themselves | ||
| Section B Structure, governance and management | ||||
| Description of the charity’s trusts Type of governing document (eg. trust deed, constitution) Constitution How the charity is constituted (eg. trust, association, company) Charitable Incorporated Organisation (CIO) Trustee selection methods (eg. appointed by, elected by) Appointed by the existing trustees from the church membership. Additional governance issues (Optional information) - overleaf |
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Besson Street Chapel and Sunday School CIO is a Free Evangelical Church in Great Britain.
The church’s organisational structure, policies and procedures were reconfirmed in the pre-Incorporated meeting held on the 1[st] December 2019 with the pre-existing trustees. Pastor Charlotte-Catherine Hope-Rivers volunteered to oversee the incorporation into a charity through Pastor Chuks Ajuka of Freshfire Organization.
Besson Street Chapel and Sunday School was registered on 12[th] December 2019 as Charity Number 1186931. The work of the CIO is overseen by the Trustees in accordance with the provisions of the CIO’s constitution adopted by a meeting on the 16[th] December 2019. The CIO’s constitution was prepared by Pastor Chuks Ajuka using the agreed objectives.
Formatted: Bullets and Numbering Commented [C-C H-R1]: Do I still need to put this or is this only for the first report?
The CIO’s work focuses upon the needs of local young people and families. The trustees seeks to ensure that the needs of this group are appropriately reflected through the diversity of the trustee body. Skills in business, medicine, creative arts, childcare, pedagogy, theology, construction, management and STEM subjects are well represented in the board of trustees. In the event of a resignation or death of a trustee, individuals with the lost set of skills are to be approached to offer themselves for election to the committee.
All Trustee meetings are to discuss the financial administration of the CIO, the care and the maintenance of the premises where the CIO meets. Meetings of the ministerial teams give general guidance on the life and work of the CIO.
The board of trustees are the minister in pastoral charge and up to 5 other members of the CIO. There is no maximum number of charity trustees that may be appointed to the CIO. Apart from the first charity trustees, every trustee must be appointed for the term of three years and retire by rotation. A charity trustee who has served for three consecutive terms may not be reappointed for a fourth consecutive term but may be reappointed after an interval of a least one year.
The board of trustees currently has 6 members from a variety of professional backgrounds relevant to the work of the charity who meet quarterly and are responsible for the strategic direction and policy of the charity. The Secretary also sits on the board. A scheme of delegation is in place and day to day responsibility for the provision of the services rests with the Chair along with Secretary. The Trustees are responsible for the financial administration of the Church and the care and maintenance of Church premises, as well as for the oversight and development of working practices in line with good practice.
The church buildings both the Chapel and Sunday School Hall are vested in The Fellowship Property Trust who have legal ownership of these premises as trustees and held for the benefit of Besson Street Chapel and Sunday School in accordance with the 1908 trust applicable to the site.
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| Section C Objectives and activities | Section C Objectives and activities |
|---|---|
| Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects |
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| The CIO’s purposes are set out in the objects contained in the CIO’s Constitution which are to: advance the Christian Faith in accordance with the Statement of Beliefs by the holding of prayer meetings, lectures, public celebration of religious festivals, producing and/or distributing literature on Christianity to enlighten others about the Christian faith as the trusteesfromtime to timemay think fit. |
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| When planning our activities for the year the trustees have considered the Commissions guidance on public benefit and have regard to it in the administration of the CIO. The board of trustees believes that the CIO provides benefit to the public by providing a space for: • Worship and prayer, educating people about the Gospel. • Provision of pastoral care for the local community, which includes providing resources and facilities for spiritual, moral and intellectual development. • The promotion of Christian values and service for the benefit of individuals and society as a whole. • Life skills training and music lessons for both the youth and adults. |
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| Section D | Achievements and performance |
| Summary of the main achievements of the charity during the year |
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| Worship and Prayer The CIO has continued to foster relationships with the local community and offer opportunities for the local community to have Christian prayer meetings, baptisms, clubs and events and more lively worship activities, which all ages have been able to enjoy. Our website has also continued to be an invaluable source of communication, extending our reach to communities worldwide and has proved especially popular at special dates in the Liturgical calendar such as: Christmas and Easter. The Church Centre The Sanctuary has continued to be a useful resource for functions and events as well as livestreams. Ecumenical Relationships The trustees of the CIO have continued to grow relationships with local Christian groups, promoting each other and the different ways we as a churchcommunity canserve thelocalcommunity. |
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| Section E | Financial review |
| Brief statement of the charity’s policy on reserves |
|
| Ideally, the trustees wish to have in hand an amount equal to at least 3 months regular expenditure, which has been budged for as £1300.00 to cover any emergency situations that may arise from time to time. The balance of £305.50 is surplus in excess of the charities annual expenditure. We are still in a firm and decisively positive financial recovery since COVID and moving forward we will continue to build reserves throughplanned operating surpluses andincreasing donations. |
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| Section F | Other optional information |
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Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Charlotte-Catherine Hope-Rivers Full name(s) Charlotte-Catherine Hope-Rivers Position (eg Secretary, Chair, Chair etc) Date 01/10/2023
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Company Registration No. CE019988 (England and Wales)
BESSON STREET CHAPEL AND SUNDAY SCHOOL ANNUAL REPORT AND UNAUDITED CHARITY ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
BESSON STREET CHAPEL AND SUNDAY SCHOOL ANNUAL REPORT AND UNAUDITED CHARITY ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
CONTENTS
PAGE
Income statement 3 Statement of financial position 4 Detailed income statement 5
- 2 -
BESSON STREET CHAPEL AND SUNDAY SCHOOL INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022
| Turnover Depreciation and other amounts written off assets Other charges (Loss)/profit |
2022 £ 29,539 (27,027) (9,951) (7,439) |
2021 £ 22,375 - (6,805) |
|---|---|---|
| 15,570 |
- 3 -
BESSON STREET CHAPEL AND SUNDAY SCHOOL STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2022
| Fixed assets Current assets Creditors: amounts falling due within one year Net current liabilities Total assets less current liabilities Net assets Reserves |
306 (73,176) |
2022 £ 81,080 (72,870) 8,210 8,210 8,210 |
849 (93,307) |
2021 £ 108,107 (92,458) |
|---|---|---|---|---|
| 15,649 | ||||
| 15,649 | ||||
| 15,649 |
NOTES TO THE ACCOUNTS
1 Statutory information
Besson Street Chapel and Sunday School is a private company, limited by guarantee, registered in England and Wales, registration number CE019988. The registered office is Besson Street Chapel, Besson Street, London, SE14 5AS, United Kingdom.
2 Average number of employees
During the year the average number of employees was 0 (2021: 0).
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime.
Approved by the board on 1 October 2023
Charlotte-Catherine Hope-Rivers Director
Company Registration No. CE019988
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BESSON STREET CHAPEL AND SUNDAY SCHOOL DETAILED INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022
| DETAILED INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022 |
||
|---|---|---|
| This schedule does not form part of the statutory accounts. Turnover Sales Fees Depreciation and other amounts written off assets Depreciation Other Light and heat Telephone and fax Internet Subscriptions Bank charges Insurance Equipment expensed Software Sundry expenses Accountancy fees Advertising and PR Other legal and professional (Loss)/profit on ordinary activities before taxation |
2022 £ 23,539 6,000 29,539 27,027 4,175 96 409 87 138 2,185 212 333 910 200 344 862 9,951 (7,439) |
2021 £ 16,615 5,760 |
| 22,375 | ||
| - | ||
| 3,936 72 376 408 6 1,188 298 321 - 200 - - |
||
| 6,805 | ||
| 15,570 |
- 5 -
Unit B, 42 Beecholme Ave Mitcham Surrey CR4 2HT
PRIVATE AND CONFIDENTIAL
25[th] October 2023
Besson Street Chapel and Sunday School (the “CIO”)
Independent Examiner's Report
To the Trustees of Besson Street Chapel and Sunday School
I have examined the accounts of Besson Street Chapel and Sunday School for the year ended 31 December 2022.
Responsibilities of the Trustees
The trustees are responsible for preparing the accounts in accordance with the Charity Accounting and Reporting Standards (FRS 102) and for ensuring that they give a true and fair view of the charity's state of affairs at the year-end and of its income and expenditure for the year.
Responsibilities of the Examiner
My responsibility is to express an opinion on whether the accounts give a true and fair view in accordance with FRS 102. I have carried out my examination in accordance with Auditing Standards issued by the Financial Reporting Council.
Opinion
In my opinion, the accounts give a true and fair view of the state of affairs of Besson Street Chapel and Sunday School at 31 December 2022 and of its income and expenditure for the year then ended in accordance with FRS 102.
info@thexcgroup.com www.thexcgroup.com 0208 058 9990
The XC Group is the trading name for The XCG Ltd – Is the registered company in England and Wales – 12925250. The XC Wealth Management is the trading name for The XC Group Ltd – Registered in England and Wales – 12090077.
Basis for Opinion
I conducted my examination in accordance with Auditing Standards issued by the Financial Reporting Council. My examination included, among other things, the following procedures:
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I reviewed the accounting records kept by the charity and compared the accounts presented with those records.
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I considered any unusual items or disclosures in the accounts and sought explanations from the trustees concerning any such matters.
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I assessed the accounting policies used by the charity and the reasonableness of the accounting estimates made by the trustees.
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I evaluated the overall presentation of the accounts.
Comments from the Trustee Report
I agree with the trustees' approach of maintaining a financial reserve to cover unexpected expenses. The charity's current financial position is strong, and I am confident that it will continue to make progress in the coming year.
Conclusion
Based on my examination, I am satisfied that the accounts of Besson Street Chapel and Sunday School give a true and fair view of the charity's state of affairs at 31 December 2022 and of its income and expenditure for the year then ended in accordance with FRS 102.
Signed
Craig Alexander - Lead Adviser
25[th] October 2023