## **BUCKINGHAM EVANGELICAL CHURCH** ____________________________________________ ## **REPORT & ACCOUNTS** **FOR THE YEAR ENDED 30 JUNE 2024** ____________________________________________ Page 1 of 10 ## **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 Page 2 of 10 ## **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. Page 3 of 10 ## **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 Page 4 of 10 INDEPENDENT EXAM REPORT 21 kn￿￿nning Dn¥e. Monkstc Miiion Keynas, MK10 98W Te*phone' 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 p￿ltU[￿r matter5 bave com¢ to my at*ntio 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 CI￿lry and a COmp￿150n 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 ConSeq￿ntIY 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 apro￿rundcr5tandlThg if ihe ￿CoUnts to be reached. G Ki¢r LE￿A2￿￿￿Te8 MT A(￿￿TANCy ACABDQK.KEEPINB A4TPAITiOLL OCRCLEAtALA¢¢OUPlf$ REGlSTEREDOFF￿É. 31 K￿￿MMI￿￿DR￿E. 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. Page 6 of 10 ## **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. Page 7 of 10 ## **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**| Page 8 of 10 ## **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. Page 9 of 10 ## **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| Page 10 of 10