Trustees’ annual report for the period
From: Period start date 1 January 2021 To: Period end date 31 December 2021
Charity name: Vertical Church Yeovil
Charity registration number: 117354
Objectives and activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | THE ADVANCEMENT OF THE CHRISTIAN RELIGION ABOUT THE CHRISTIAN RELIGION |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
MAINLY, BUT NOT EXCLUSIVELY, BY MEANS OF BROADCASTING CHRISTIAN MESSAGES OF AN EVANGELISTIC AND TEACHING NATURE. TO ADVANCE THE CHRISTIAN RELIGION, MAINLY AMONG ROMANIAN NATIONALS LIVING IN ENGLAND, FOR THE BENEFIT OF THE PUBLIC THROUGH THE HOLDING OF PRAYER MEETINGS, LECTURES, PUBLIC CELEBRATION OF RELIGIOUS FESTIVALS. PRODUCING AND/OR DISTRIBUTING LITERATURE ON CHRISTIANITY TO ENLIGHTEN OTHERS |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | THE TRUSTEES HAVE HAD REGARD TO THE CHARITY COMMISSION GUIDANCE ON PUBLIC BENEFIT. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Other
Achievements and performance
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | WORSHIP AND PRAYER: ALL ARE WELCOME TO ATTEND OUR REGULAR SERVICES. AT PRESENT THERE ARE 50 MEMBERS OF THE CHURCH, AND WE HAVE 2-5 VISITORS EVERY SUNDAY. EUCHARISTIC WORSHIP IS AT THE CENTRE OF OUR CHURCH LIFE. MASS IS CELEBRATED ON SUNDAY EVERY OTHER WEEK. THE CHILDREN AND YOUNGER MEMBERS OF THE CHURCH TAKE AN ACTIVE PART IN KIDS MINISTRY AS SINGERS AND READERS, PARTICIPATING AT GAMES AND CRAFT ACTIVITIES. FOR A CHURCH, AND FOR LOCAL FAMILIES AND THEIR NEIGHBOURS, OCCASIONS SUCH AS WEDDINGS AND BAPTISMS ARE SIGNIFICANT AT SEVERAL LEVELS, BOTH AS SPECIAL EVENTS OF THE CHURCH AND ALSO AS AFFIRMATIONS OF FAMILY LIFE AND RELATIONSHIPS. A LOCAL COUPLE WERE MARRIED IN CHURCH IN DEC 2020 AND WE HAD A BAPTISM SERVICE IN APR 2020. VARIOUS CHURCH ACTIVITIES IN 2020 HELPED TO STRENGTHEN OUR LINKS WITH CHURCHES AND ORGANISATIONS ELSEWHERE. WE WERE INVITED TO A CONFERENCE IN ARAD, ROMANIA AND OUR LEADERS HAD A CONSTRUCTIVE TIME AWAY. PASTORAL CARE: IN 2020 THE PASTOR AND THE ELDER TOOK HOME COMMUNION TO 1 HOUSEBOUND FAMILY. A CHURCH MEMBER WHO WAS IN HOSPITAL WAS ALSO VISITED, AND RECEIVED HOLY COMMUNION. THERE IS AN INFORMAL NETWORK OF PEOPLE WHO VISIT THOSE WHO CAN NO LONGER COME TO CHURCH, DELIVERING COPIES OF THE MAGAZINE AND GENERALLY “KEEPING AN EYE”, SO THAT THEY REMAIN IN TOUCH WITH CHURCH LIFE. AS CHRISTIANS WE BELIEVE THAT PEOPLE'S SPIRITUAL NEEDS CANNOT BE ADDRESSED WITHOUT CONSIDERING THEIR PHYSICAL NEEDS. THE CHURCH BOUGHT FOOD PARCELS AND DISTRIBUTED THEM TO PEOPLE IN NEED AND FAMILIES WHO LOST THEIR JOBS DUE TO COVID19. ECUMENICAL RELATIONSHIPS: IT IS IMPORTANT TO US TO EMPHASISE AND DEVELOP OUR LINKS WITH FELLOW- CHRISTIANS OF OTHER DENOMINATIONS AS WE SEEK TO MAKE KNOWN THE LOVE OF CHRIST. WE ORGANISED A FEW MEETINGS BETWEEN THE LEADERS OF OUR CHURCH |
|
|---|---|---|---|
AND THE LEADERS OF THE BAPTIST CHURCH IN YEOVIL, SO WE CAN SUPPORT AND ENCOURAGE EACH OTHER. VOLUNTEERS: WE ARE MOST GRATEFUL TO ALL THE VOLUNTEERS WHOSE HARD WORK MAKES VERTICAL CHURCH YEOVIL A LIVELY, WELCOMING AND OUTGOING COMMUNITY.
Additional information (optional) You may choose to include further statements where relevant about:
Para 1.41 Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives Other
Financial review
| Financial review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | THE CHARITY HAS CASH FUNDS AT THE YEAR END OF £39,232, ALL OF WHICH IS UNRESTRICTED. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | IT IS THE POLICY OF THIS CHURCH TO HOLD IN RESERVES THE EQUIVALENT OF TWO MONTHS GENERAL RUNNING COSTS AND AN ADDITIONAL ONE MONTH’S SALARY COSTS. IT IS ALSO OUR POLICY TO HOLD AN AMOUNT FOR UNEXPECTED EXPENDITURE. THIS POLICY WILL BE REVIEWED IN TWELVE MONTHS’ TIME, APART FROM THE MISSION PROJECT ELEMENT WHICH WILL BE REVIEWED IN SIX MONTHS’ TIME WHEN THE SITUATION IS CLEARER. |
| Amount of reserves held | Para 1.22 | THE VERTICAL CHURCH YEOVIL BELIEVES THAT, AT PRESENT, WE HAVE £10,000 IN RESERVES ABOVE WHAT IS REQUIRED AND WILL CONSIDER HOW THESE FUNDS MIGHT BE USED FOR LOCAL MISSION AND OUTREACH. |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | NO FUNDS ARE IN DEFICIT |
|---|---|---|
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | NO UNCERTAINTIES ABOUT THE CHARITY CONTINUING AS A GOING CONCERN. THE CHARITY HAS SUFFCIENT FUNDS TO OPERATE FOR THE FORESEEABE FUTURE. |
Additional information (optional)
You may choose to include further statements where relevant about:
Para 1.47 The charity’s principal sources of funds (including any fundraising) Para 1.46 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Other
Structure, governance and management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document: for example,trust deed, memorandum and articles of association etc |
Para 1.25 | CIO – FOUNDATION – REGISTERED 14 JANUARY 2020 |
| How is the charity constituted? for example limited company, unincorporated association, CIO |
Para 1.25 | CIO – FOUNDATION – REGISTERED 14 JANUARY 2020 |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | APPOINTED CHARITY TRUSTEES (A) APART FROM THE FIRST CHARITY TRUSTEES, EVERY APPOINTEDTRUSTEE MUST BE APPOINTED FOR A TERM OF THREE YEARS BY A RESOLUTION PASSED AT A PROPERLY CONVENED MEETING OF THE CHARITY TRUSTEES. (B) IN SELECTING INDIVIDUALS FOR APPOINTMENT AS APPOINTEDCHARITY TRUSTEES, THE CHARITY TRUSTEES MUST HAVE REGARD TOTHESKILLS,KNOWLEDGE |
| AND EXPERIENCE NEEDED FOR THE |
|---|
| EFFECTIVE ADMINISTRATION OF THE CIO. |
| 10.2EX OFFICIO TRUSTEE |
| (A) THE PASTOR FOR THE TIME BEING ("THE |
| OFFICE HOLDER") SHALL AUTOMATICALLY |
| ("EX OFFICIO") BE A CHARITY TRUSTEE, FOR |
| AS LONG AS HE OR SHE HOLDS THAT |
| OFFICE. |
| (B) IF UNWILLING TO ACT AS A CHARITY |
| TRUSTEE, THE OFFICE HOLDER MAY: |
| (I) BEFORE ACCEPTING APPOINTMENT AS A |
| CHARITY TRUSTEE, GIVE NOTICE IN WRITING |
| TO THE TRUSTEES OF HIS OR HER |
| UNWILLINGNESS TO ACT IN THAT CAPACITY; |
| OR |
| (II) AFTER ACCEPTING APPOINTMENT AS A |
| CHARITY TRUSTEE, RESIGN UNDER THE |
| PROVISIONS CONTAINED IN |
| CLAUSE 12 (RETIREMENT AND REMOVAL OF |
| CHARITY TRUSTEES). |
| (C) THE OFFICE OF EX OFFICIO CHARITY |
| TRUSTEE WILL THEN REMAIN VACANT UNTIL |
| THE OFFICE HOLDER CEASES TO HOLD |
| OFFICE. |
| 10.3NOMINATED TRUSTEES |
| (A) DR CIPRIAN COCIUBA, MR RUBEN PETRIC |
| AND MR OVIDIU MOCANU ("THE APPOINTING |
| BODY") MAY APPOINT FOUR CHARITY |
| TRUSTEES. |
| (B) ANY APPOINTMENT MUST BE MADE AT A |
| MEETING HELD ACCORDING TO THE |
| ORDINARY PRACTICE OF THE APPOINTING |
| BODY. |
| (C) EACH APPOINTMENT MUST BE FOR A |
| TERM OF THREE YEARS. |
| (D) THE APPOINTMENT WILL BE EFFECTIVE |
| FROM THE LATER OF: |
| (I) THE DATE OF THE VACANCY; AND |
| (II) THE DATE ON WHICH THE CHARITY |
| TRUSTEES OR THEIR SECRETARY OR CLERK |
| ARE INFORMED OF THE APPOINTMENT. |
| (E) THE PERSON APPOINTED NEED NOT BE A |
| MEMBER OF THE APPOINTING BODY. |
| (F) A TRUSTEE APPOINTED BY THE |
| APPOINTING BODY HAS THE SAME DUTY |
| UNDER CLAUSE 9.1 (FUNCTIONS AND |
| DUTIES OF CHARITY TRUSTEES) AS THE |
| OTHER CHARITY TRUSTEES TO ACT IN THE |
| WAY HE OR SHE DECIDES IN GOOD FAITH |
| WOULD BE MOST LIKELY TO FURTHER THE |
| PURPOSES OF THE CIO. |
Additional information (optional) You may choose to include further statements where relevant about:
Para 1.51 Policies and procedures adopted for the induction and training of trustees Para 1.51
The charity’s organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Other
Reference and administrative details
| Charity name | Vertical Church Yeovil |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1187354 |
| Charity’s principal address | YEOVIL BAPTIST CHURCH SOUTH STREET YEOVIL BA20 1QF |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Ruben Cristian Petric |
Trustee | |||
| Ovidiu Emanuel Mocanu |
Trustee | |||
| Dr Ciprian Cociuba | Chair | |||
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Dr C Cociuba R C Petric O E Mocanu Position (for example Trustees Secretary, Chair, etc) Date 17/10/2022
| No (if any) | |||
|---|---|---|---|
| Vertical Church Yeovil | 1187354 | ||
| Receipts andpayments accounts | CC16a | ||
| 01-Jan-21 Period start date For the period from |
31-Dec-21 Period end date To |
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ - 26,561 8,270 - - - 34,831 - - - 34,831 310 39 581 3,600 1,500 5,825 1,845 755 431 14,886 - - - 14,886 19,945 - 19,287 39,232 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ - 26,561 8,270 - - - 34,831 - - - 34,831 310 39 581 3,600 1,500 5,825 1,845 755 431 14,886 - - - 14,886 19,945 |
Total funds to the nearest £ - 26,561 8,270 - - - 34,831 - - - 34,831 310 39 581 3,600 1,500 5,825 1,845 755 431 14,886 - - - 14,886 19,945 |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| - | - | |||||
| Contributions | 26,561 | 20,839 | ||||
| Donations | 8,270 | 8,870 | ||||
| Openingfunds donated | - | 7,813 | ||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
34,831 | 37,522 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
||||||
| 37,522 | ||||||
| Sundayschool expenses | 310 | 317 | ||||
| Welcome expenses | 39 | 139 | ||||
| Media expenses | 581 | 878 | ||||
| Pastor Expenses | 3,600 | 3,200 | ||||
| Rent | 1,500 | 1,000 | ||||
| Donations | 5,825 | 9,001 | ||||
| Other expenses | 1,845 | 630 | ||||
| Leaders trainingexpenses | 755 | 1,885 | ||||
| Special events | 431 | 1,185 | ||||
| **Sub total ** | 14,886 | 18,235 | ||||
| A4 Asset and investment purchases, (see table) |
||||||
| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 18,235 | ||||||
| 19,945 | - | - | 19,945 | 19,287 | ||
| - | - | - | - | - | ||
| 19,287 | - | - | 19,287 | - | ||
| 39,232 | - | - | 39,232 | 19,287 |
CCXX R1 accounts (SS)
21/10/2022
1
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Independent Examiners Fee Details Details Bank account1 Bank account 2 Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 15,396 - 23,836 - - - 39,232 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) Unrestricted 960 - - - - O E Mocanu Print Name Dr C Cociuba R C Petric |
Endowment funds to nearest £ |
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Dr C Cociuba | 17/10/2022 | ||
| R C Petric | 17/10/2022 | ||
| O E Mocanu | 17/10/2022 |
CCXX R2 accounts (SS)
21/10/2022
2
Vertical Church Yeovil Independent Examiner’s Report to the Trustees For the Year Period 31 December 2021
Independent examiners report to the Trustees of Vertical Church Yeovil
I report to the trustees on my examination of the accounts for Vertical Church Yeovil (“the charity”) for the period ended 31 December 2021.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the 2011 Act”).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or 2. the accounts do not comply with these records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Michelle Ferris BSc (Hons) FCA DChA Albert Goodman LLP Goodwood House Blackbrook Park Avenue Taunton Somerset TA1 2PX
Date: 20 October 2022