2022-12-31-accounts

Trustees’ annual report for the period

From: Period start date 1 January 2022 To: Period end date 31 December 2022 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

WORSHIP AND PRAYER: ALL ARE WELCOME TO ATTEND OUR REGULAR SERVICES. AT PRESENT THERE ARE 52 MEMBERS OF THE Summary of the main Para 1.20 CHURCH, AND WE HAVE 2-5 VISITORS EVERY SUNDAY. EUCHARISTIC WORSHIP IS AT THE achievements of the charity, CENTRE OF OUR CHURCH LIFE. MASS IS identifying the difference the CELEBRATED ON SUNDAY EVERY OTHER charity’s work has made to WEEK. THE CHILDREN AND YOUNGER the circumstances of its MEMBERS OF THE CHURCH TAKE AN ACTIVE beneficiaries and any wider PART IN KIDS MINISTRY AS SINGERS AND benefits to society as a READERS, PARTICIPATING AT GAMES AND whole. 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 2021 AND WE HAD A BAPTISM SERVICE IN APR 2022. VARIOUS CHURCH ACTIVITIES IN 2022 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 2022 THE PASTOR AND THE ELDER LOOKED AFTER ALL MEMBERS OF THE CHURCH. WE PREPARED THE CHURCH SERVICES AND ALL OTHER CHURCH ACTIVITIES. 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. ECUMENICAL RELATIONSHIPS: IT IS IMPORTANT TO US TO EMPHASISE AND DEVELOP OUR LINKS WITH FELLOWCHRISTIANS 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

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 £47,926, 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 TO THE SKILLS, 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. 10.3 NOMINATED 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

Olher

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 17/10/2023