## **BUCKINGHAM EVANGELICAL CHURCH**
____________________________________________
## **REPORT & ACCOUNTS**
**FOR THE YEAR ENDED 30 JUNE 2022**
____________________________________________
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## **BUCKINGHAM EVANGELICAL CHURCH**
## **FOR THE YEAR ENDED 30 JUNE 2022**
## **LEGAL & ADMINISTRATIVE DETAILS**
**ADDRESS FOR CORRESPONDENCE** Buckingham Evangelical Church 17 Otters Brook Buckingham MK18 7EB **GOVERNING DOCUMENT** Constitution dated October 2019 **TRUSTEES** James Pope (Pastor/Elder) James Dean (Elder) Phil Goss (Elder) CHARITY NUMBER 1187402 BANKERS National Westminster Bank Plc 80 High Street Stony Stratford Milton Keynes MK11 1AJ INDEPENDENT EXAMINER Jill Kler Kler Associates Limited 21 Kilwinning Drive Milton Keynes MK10 9BW
## **INDEX**
Page 2 Legal & Administrative Details Page 3 to 4 Trustees' Report Page 5 Independent Examiner's Report Page 6 Receipts and Payments Account Page 7 Statement of Assets & Liabilities Pages 8 to 10 Notes to the Accounts
Page 2 of 10
## **BUCKINGHAM EVANGELICAL CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2022**
The Trustees have pleasure in submitting the Report and Accounts for the year.
## **Objects of the charity**
The Trust seeks to demonstrate the Christian faith in action by presenting the Gospel clearly so that people may be drawn to trust Jesus Christ as personal saviour; to teach Scripture so that people can grow to spiritual maturity and usefulness in Christian service; to share with other churches the responsibility of reaching all people with the gospel; to develop leadership which will strengthen this church, encourage other churches and begin new churches elsewhere; thereby preserving for coming generations a body with responsibility and spiritual stability.
## **Government**
The policy and operating decisions of the charity rest with the Trustees who meet regularly to monitor the activities of the Trust.
New trustees are appointed by the members of the church.
## **Review of Activities**
There has been a demonstration of the Christian faith in action by serving the community in which it operates through preaching the Gospel, Christian teaching and acts, and providing opportunities for non-Church members to explore the Christian message.
The previous year has been a recovery time due to the Covid-19 pandemic. At the start of this year, we were able to offer our service both online and in person, whereas in the second half of the year we have seen a move back to in person activity and many members returning to the church. As well as this we have seen some new people join the church in this time. We have also been able to restart our children and young person’s programmes.
Our Sunday services, small groups and community programmes are now fully meeting in person, some prayer groups and training opportunities remain online.
The church has continued to partner with other local churches, this year we saw the full return of the annual holiday club and an increase in the school’s programme, we look forward to furthering these relationships in the coming year.
The church has been active in the local community this year. As well as the invitation to our regular services and special events, the church has supported a local council run celebration day, partnered with the council to provide a new music-based toddler group and implemented a new mercy project which has provided practical support to individuals and families in crisis.
Additionally, the church has sought to take our commission seriously through the support of various Christian missionaries and agencies. It was a joy to welcome one of these partners to the church during their home assignment time to report of their work to the church. We have continued to receive written reports from the others.
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As well as this regular work the church has also taken charitable collections and partnered with other organisations for the ongoing crisis in Ukraine. We look forward to our annual collection which helps those struggling with the cost of living at Christmas.
## **Financial Review**
This previous accounting year covers the period from when the CIO was registered on 16 January 2020 until 30 June 2021. As the church was operating as a CAU during 2020 the only income and expendure for the CIO was in 2021, so the previous year's figures effectivly covers 6 months.
Finances for the church came from freewill gifts and offerings to the church, and from interest on church bank accounts. £2,836 was received as restricted gifts. These restricted funds were disbursed per restriction. £12,515 was claimed back as gift aid.
During the financial year, receipts of £62,765 were received, of which £2,836 were restricted gifts (including gift aid claimed back); payments were £65,442 of which £3,836 were restricted (including the Benevolent Fund £1,000). The main account bank balance at the year end was £386. The deposit accounts year end balance for 2022 were £45,462 (Shawbrook Bank), £83,755 (Redwood Bank), £32,532 (Charity Bank) and £35,000 (Kingdom Bank).
## **Reserves Policy**
The church had a balance of approximately £196,000 in unrestricted funds at the year end. The trustees have been investigating different options to use these funds in line with the charities objectives. Some of the plans have been delayed due to the coronavirus pandemic.
## **Trustees' Responsibilities**
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 on 18 December 2022 and signed on their behalf by:
James Dean James Pope
James Dean James Pope
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21 Kilwinning Drive, Monkston Milton Keynes, MK10 9BW Telephone: (01908) 325 120 Fax: (01908) 393175 Email: info@ klerassociates.com _A Company Built on Recommendation_ Web: www.klerassociates.com
_Kler Associates Limited Accountancy, Book-Keeping & Payroll_
## Independent examiner’s report on the accounts
Report to the trustees/members of: Buckingham Evangelical Church On accounts for the year ending 30[th] June 2022
## **Respective responsibilities of trustees and examiner**
The charities trustees consider that an audit is not required for this year (under section 145 of the charities act 2011(the act).
and that an independent examination is needed.
It is my responsibility to:
- Examine the accounts (under section 145 of the act),
- To follow the procedures laid down in the General Directions given by the Charities Commission under section 145(5)(b) of the act. And
- To state whether particular matters have come to my attention.
## **Basis if independent examiners statement**
My Examination was carried out in accordance with General Directions given by the Charities Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanation from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
## **Independent examiner’s statement**
I have examined the records and accounts provided from the charity and in doing so find the following
- The records are kept in good order and in accordance with section 41 of the Act.
- The accounts agree in all aspects with the accounting records and agree with the accounting requirements of the act.
- There is nothing to which in my opinion, attention should be drawn in order to enable a proper understanding if the accounts to be reached.
Mrs G Kler MAAT
> KLER ASSOCIATES AAT ACCOUNTANCY RCA BOOK-KEEPING AAT PAYROLL OCR CLERICAL ACCOUNTS REGISTERED OFFICE: 21 KILWINNING DRIVE, MONKSTON, MILTON KEYNES, BUCKINGHAMSHIRE, MK10 9BW REGISTERED IN ENGLAND NO. 5084035
> KLER ASSOCIATES SPONSORS LOCAL CHARITIES ( WORLD VISION, RSPCA MK & SCRIPTURE UNION )
Page 5 of 10
## **BUCKINGHAM EVANGELICAL CHURCH**
## **RECEIPTS AND PAYMENTS ACCOUNT**
FOR THE YEAR ENDED 30 JUNE 2022
||Notes|Unrestricted|Restricted|Year Ending|Year Ending|
|---|---|---|---|---|---|
|||Funds|Funds|30/06/2022|30/06/2021|
|||£|£|£|£|
|**Receipts**||||||
|**_Voluntary receipts_**||||||
|Grants and gifts received||46,357|2,836|49,193|27,303|
|Tax refunds under Gift Aid||12,515|0|12,515|5,463|
|||58,873|2,836|61,708|32,766|
|**_Other receipts_**||||||
|Interest received||1,056|0|1,056|186|
|**Total Receipts**||59,929|2,836|62,765|32,952|
|**Payments**||||||
|**_Charitable expenditure in furtherance of the_**||**_church's objectives_**||||
|Direct costs|2|54,127|1,000|55,127|22,484|
|Grants paid|3|7,480|2,836|10,316|3,800|
|**Total Payments**||**61,607**|**3,836**|**65,442**|**26,284**|
|Net Receipts/(Payments)||-1,678|-1,000|-2,678|6,668|
|before transfers||||||
|Transfers between funds||-322|322|0|0|
|**Net Movement in Funds**||**-2,000**|**-678**|**-2,678**|**6,668**|
|Opening Balance 31 July 2021||198,252|1,561|199,813||
|Balances at 30 June 2022||196,252|883|197,135||
The notes on pages 8 - 10 form part of these accounts.
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## **BUCKINGHAM EVANGELICAL CHURCH**
## **STATEMENT OF ASSETS & LIABILITIES**
## **AS AT 30 JUNE 2022**
## **1. Fixed Assets**
|Insured value of the assets owned:
Equipment
**2. Bank & Cash Balances**
Natwest Current Account
Stewardship Account
Shawbrook Saving Account
Redwood Bank
Charity Bank
Kingdom Bank
Cash float|Year Ending
Year Ending|
|---|---|
||30/06/2022
30/06/2021|
||£
£
12,775
12,700|
||**12,775**
**12,700**|
||Year Ending
Year Ending|
||30/06/2022
30/06/2021|
||£
£
386
8,520
0
56,006
45,462
45,196
83,755
90,091
32,532
0
35,000
0
0
0|
||**197,135**
**199,813**|
## **3. Other Assets & Liabilities**
|**Assets & Liabilities**
Assets *
Gift aid tax recovery not yet received
Liabilities *
Unbilled fee for Independent Examination
Accrued charges
Net other assets|Year Ending
Year Ending|
|---|---|
||30/06/2022
30/06/2021|
||4,719
5,380|
||4,719
5,380
340
340
0
0|
||4,379
5,040|
The accounts were approved by the trustees and signed on their behalf on 18 December 2022 by
James Dean James Pope James Dean James Pope
The notes on pages 8 - 10 form part of these accounts.
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## **BUCKINGHAM EVANGELICAL CHURCH**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 30 JUNE 2022**
## **1 Accounting Policies**
The accounts have been prepared on a receipts and payments basis with a statement of assets and liabilities.
|**2**
**a)**
**b)**|**Direct costs**
Unrestricted
Restricted
Total Year End
Total Year End
Funds
Funds
30/06/2022
30/06/2021
£
£
£
£
**Congregational Costs**
Property costs rent
3,570
0
3,570
1,389
Licenses (eg Copyright/CCPAS)
748
0
748
0
Insurance, Legal & Accounting
342
0
342
405
Visiting Speakers, Choirs & Groups
400
0
400
50
Refreshments
206
0
206
0
FIEC
1,209
0
1,209
1,117
Office Supplies
0
0
0
0
Minor equipment & Resources
71
0
71
988
Benevolent Fund
0
1,000
1,000
0
Other Congregational Costs
25
0
25
0|
|---|---|
||**6,571**
**1,000**
**7,571**
**3,949**
**Personnel**
Personnel Salary, Pension, Tax
27,531
0
27,531
11,500
Housing for Pastor
18,173
0
18,173
6,975
Personnel Training
0
0
0
0
Re-imbursement of Elders' Expenses
0
0
0
0
**Sub Total**|
||**45,703**
**0**
**45,703**
**18,475**
**Sub Total**|
||**Congregational Costs Total**
**52,274**
**1,000**
**53,274**
**22,424**|
||**Outreach**
Advertising
0
0
0
0
Outreach Events
1,232
0
1,232
0
Sunday School & Work Amongst the Young
171
0
171
0
Literature
449
0
449
60|
||**Outreach Total**
**1,852**
**0**
**1,852**
**60**|
|||
||**Direct Costs Total**
**54,127**
**1,000**
**55,127**
**22,484**|
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## **BUCKINGHAM EVANGELICAL CHURCH**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 30 JUNE 2022**
|**3**
**a)**
**b)**|**Grants Paid**
Unrestricted
Restricted
Total Year End
Total Year End
Funds
Funds
30/06/2022
30/06/2021
£
£
£
£
**Individuals (Missions)**
Total Regularly supported individuals
3,790
0
3,790
1,800
One-off gifts to individuals
0
0
0
200|
|---|---|
||3,790
0
3,790
2,000
**Institutions**
London City Mission
1,845
1,268
3,113
900
OMF
1,845
0
1,845
900
Slavic Gospel Association
0
1,568
1,568
0
Institutions (grants less than £1000 per year)
0
0
0
0
**Total**|
||3,690
2,836
6,526
1,800
**Total**|
||**Grants Total**
**7,480**
**2,836**
**10,316**
**3,800**|
## **4 Employees and trustees**
The charity has one employee, James Pope.
No amounts were paid or are payable to any other trustee or to any person connected to them.
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## **BUCKINGHAM EVANGELICAL CHURCH**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 30 JUNE 2022**
|**5**
Movement in Funds
Restricted Funds:
Benevolent Fund
Y.P. Summer Camp
Mission Gifts
Total Restricted Funds
Unrestricted Funds:
General Fund
Total Unrestricted Funds
Total Funds|Balance at
01/07/2021
Receipts
Payments
Transfers
Balance at
30/06/2022
£
£
£
£
£
1,178
0
-1,000
322
500
383
0
0
0
383
0
2,836
-2,836
0
0|
|---|---|
||1,561
2,836
-3,836
322
883|
||198,252
59,929
-61,607
-322
196,252|
||198,252
59,929
-61,607
-322
196,252|
|||
||199,813
62,765
-65,442
0
197,135|
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