BUCKINGHAM EVANGELICAL CHURCH
REPORT & ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2024
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BUCKINGHAM EVANGELICAL CHURCH
FOR THE YEAR ENDED 30 JUNE 2024
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 Virgin Bank 7 Gold Street Northampton NN1 1EN 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
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BUCKINGHAM EVANGELICAL CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024
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.
This past year has been a time of numerical growth. This can be seen in the numbers attending Sunday services, but also in growth in ministry areas such as our youth group and small midweek groups.
With this growth we have also seen the opportunity for people to serve in the church grow and be filled with new volunteers joining serving teams and gaining valuable experiences.
The church has continued to partner with other local churches, we delivered a summer holiday club with the other churches in the town as well as the Christmas and Easter school’s work continuing. A youth work that runs throughout the whole year has also been developed between these churches.
We joined with other churches across our region also to deliver a summer teaching programme and the churches have met in three evening meetings.
The church has been active in the local community this year. We entered the third year of our musicbased toddler group as well as extending invitations to our regular services and special events. Seasonal services at both Christmas and Easter were very well attended. ‘Alpha’ and ‘Hope Explored’ courses have run throughout the year for those wishing to explore the Christian faith.
Alongside this we have continued to run mercy projects which provide 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. As well as our regular giving to these causes we have been able to hold special collections for new and exciting projects. It has been a joy to continue to hear of the progress from these partners.
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Financial Review
Finances for the church came from freewill gifts and offerings to the church, and from interest on church bank accounts. £100 was received as restricted gifts. These restricted funds were disbursed per restriction. £16,061 was claimed back as gift aid.
During the financial year, receipts of £88,770 were received, of which £125 were restricted gifts (including gift aid claimed back); payments were £87,400 of which £500 were restricted.
The main account bank balance at the year end was £2,436. The deposit accounts year end balance for 2024 were £23,577 (Redwood Bank), £40,625 (Charity Bank), £53,113 (United Trust Bank) and £85,000 (Cambridge & Counties Bank).
Reserves Policy
The church had a balance of approximately £204,000 in unrestricted funds at the year end. In wanting to use our resources to train future leaders in the UK church we have taken on a trainee pastor. This is being partially funded from our reserves.
The trustees have been investigating different options to use other reserve funds in line with the charity's objectives. In particular the trustees have been invesitgating future church plants and we look forward to exploring this with the membership in the current year.
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 14 April 2025 signed on their behalf by:
James Dean James Pope
James Dean James Pope
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INDEPENDENT EXAM REPORT 21 knnning Dn¥e. Monkstc Miiion Keynas, MK10 98W Tephone' 1019081325 120 F8x.101908} 393175 Email." info KAL Kler Ass()ciate.s Limited Inde ndenl ¢ arniner's on the accounts R¢FOrt io ih¢ trnsteeslmemters of.. Bu¢kinghBm Evan8¢1icHI Church On counts for the year ending 30th Jwje 2024 ereJ oDJlblllties of trnJttes attd etsmhher The chariiies ItU51ee5 consider th&1 Bn audit is not Tquird for this year{urtder tion 145 of ihe charities act 201 Ilthe act). gnd thai art independent exjmindiion 15 needed. It is rny t¢sp)nsibiliry w.. Examine the Sccounts ([er section 145 of th¢ affll. To follow th¢ proc¢dutts Iwd dowi in the Genera] Direttiorts 8iven by t Chariii¢5 Commission ujthr section 14515llbl of the ¥1. And To stale whether pltU[r matter5 bave com¢ to my atntio Basls If lttd iiieTS 5tatem¢nt My EKamination caryied out in accordance with General Direetions giv¢n by th¢ Charities Commission. An examination itteludes a M'iew of th¢ accounting reeords kept by the CIlry and a COmp150n of the aecourtt5 present¢d with ihose records. It also in¢lud¢s consideration of any unusual itetn5 or diglosures in the attounts. seeknng explsnatiort from th¢ tru5t¢¢5 ¢oncenung any such m8tkrs. The procedures undertaken do not ptovid¢ ail th¢ ¢vid¢n¢e that would required in &n audiL md ConSeqntIY I do noi express an audit opinion on the accounts. Ddent txamirttr's st4t I h4v¢ ¢xamined ihe records and accounts provid¢d from the ctwity and in doing 80 fjnd the followirtg The records art kept in good order in 8CCOTdary¢e with secti¢)n 41 of the Act. The accourtts agr in all a5p¢cts the accoyntin8 Y#ord5 and with th¢ accounting requirements of the act. There is nothing to wthich in my Opinio Att¢nuon shou]d be draw) LD order ethable aprorundcr5tandlThg if ihe CoUnts to be reached. G Ki¢r LEA2Te8 MT A(TANCy ACABDQK.KEEPINB A4TPAITiOLL OCRCLEAtALA¢¢OUPlf$ REGlSTEREDOFFÉ. 31 KMMIDRE. PAQWIKSTOM. MILTC*4 YEYhÈS. 8utXPWFASHIRE.Ioty8W Page 5 of 10
BUCKINGHAM EVANGELICAL CHURCH
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2024
| Notes | Unrestricted | Restricted | Year Ending | Year Ending | ||
|---|---|---|---|---|---|---|
| Funds | Funds | 30/06/2024 | 30/06/2023 | |||
| £ | £ | £ | £ | |||
| Receipts | ||||||
| Voluntary receipts | ||||||
| Grants and gifts received | 66,121 | 100 | 66,221 | 62,396 | ||
| Tax refunds under Gift Aid | 16,036 | 25 | 16,061 | 15,715 | ||
| 82,157 | 125 | 82,282 | 78,111 | |||
| Other receipts | ||||||
| Interest received | 6,487 | 0 | 6,487 | 2,555 | ||
| Total Receipts | 88,645 | 125 | 88,770 | 80,666 |
Payments
Charitable expenditure in furtherance of the church's objectives
| Direct costs | 2 | 77,235 | 375 | 77,610 | 62,803 |
|---|---|---|---|---|---|
| Grants paid | 3 | 9,665 | 125 | 9,790 | 11,618 |
| Total Payments | 86,900 | 500 | 87,400 | 74,421 | |
| Net Receipts/(Payments) | 1,745 | -375 | 1,370 | 6,245 | |
| before transfers | |||||
| Transfers between funds | 0 | 0 | 0 | 0 | |
| Net Movement in Funds | 1,745 | -375 | 1,370 | 6,245 | |
| Opening Balance 1 July 2023 | 202,498 | 883 | 203,380 | ||
| Balances at 30 June 2024 | 204,243 | 508 | 204,751 |
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 2024
1. Fixed Assets
| Insured value of the assets owned: Equipment 2. Bank & Cash Balances Natwest Current Account Virgin Current Account Redwood Bank Charity Bank United Trust Bank Cambridge & Counties Bank Cash float |
Year Ending Year Ending |
|---|---|
| 30/06/2024 30/06/2023 |
|
| £ £ 14,908 13,500 |
|
| 14,908 13,500 |
|
| Year Ending Year Ending |
|
| 30/06/2024 30/06/2023 |
|
| £ £ 0 8,662 2,436 0 23,577 22,733 40,625 34,985 53,113 52,000 85,000 85,000 0 0 |
|
| 204,751 203,380 |
| 3. Other Assets & Liabilities Assets Gift aid tax recovery not yet received Liabilities Accrued charges Net other assets |
Year Ending Year Ending |
|---|---|
| 30/06/2024 30/06/2023 |
|
| 1,135 1,839 |
|
| 1,135 1,839 0 0 |
|
| 1,135 1,839 |
The accounts were approved by the trustees and signed on their behalf on 14 Aprint 2025 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 2024
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 30/06/2024 30/06/2023 £ £ £ £ Congregational Costs Property costs rent 5,980 0 5,980 2,747 Licenses (eg Copyright/CCPAS) 658 0 658 1,037 Insurance, Legal & Accounting 793 0 793 416 Visiting Speakers, Choirs & Groups 75 0 75 378 Refreshments 721 0 721 477 FIEC 1,291 0 1,291 860 Office Supplies 0 0 0 0 Minor equipment & Resources 2,194 0 2,194 794 Benevolent Fund 0 375 375 0 Other Congregational Costs 24 0 24 45 |
|---|---|
| 11,736 375 12,111 6,753 Personnel Personnel Salary, Pension, Tax 36,052 0 36,052 28,546 Housing for Pastor 26,850 0 26,850 25,131 Personnel Training 1,585 0 1,585 1,289 Re-imbursement of Elders' Expenses 0 0 0 0 Sub Total |
|
| 64,487 0 64,487 54,966 Sub Total |
|
| Congregational Costs Total 76,223 375 76,598 61,719 |
|
| Outreach Advertising 174 0 174 0 Outreach Events 434 0 434 713 Sunday School & Work Amongst the Young 369 0 369 186 Literature 35 0 35 185 |
|
| Outreach Total 1,012 0 1,012 1,084 |
|
| Direct Costs Total 77,235 375 77,610 62,803 |
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BUCKINGHAM EVANGELICAL CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2024
| 3 a) b) |
Grants Paid Unrestricted Restricted Total Year End Total Year End Funds Funds 30/06/2024 30/06/2023 £ £ £ £ Individuals (Missions) Total Regularly supported individuals 4,100 0 4,100 3,960 One-off gifts to individuals 100 125 225 0 |
|---|---|
| 4,200 125 4,325 3,960 Institutions London City Mission 3,415 0 3,415 5,377 OMF 2,050 0 2,050 2,180 Institutions (grants less than £1000 per year) 0 0 0 100 Total |
|
| 5,465 0 5,465 7,658 Total |
|
| Grants Total 9,665 125 9,790 11,618 |
4 Employees and trustees
The charity has two employees: James Pope and Callum White.
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 2024
| 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 30/06/2023 Receipts Payments Transfers Balance at 30/06/2024 £ £ £ £ £ 500 0 -375 0 125 383 0 0 0 383 0 125 -125 0 0 |
|---|---|
| 883 125 -500 0 508 |
|
| 202,498 88,645 -86,900 0 204,243 |
|
| 202,498 88,645 -86,900 0 204,243 |
|
| 203,380 88,770 -87,400 0 204,751 |
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