## **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.
10.2**EX 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