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2020-12-31-accounts

MILLOM BAPTIST CHURCH

Trustees Report and Accounts for the year ended 31st December 2020

Organisation type: Charitable Incorporated Organisation

Charity Registration Number: 1188947

First registered: 7 April 2020

Registered Address: Millom Baptist Church, Crown Street, Millom, Cumbria, LA18 4AG

Trustees: Mrs Rachel A Street (Minister in Training)

Mrs Jean Liney (Secretary)

Mrs Mary K Ellwood (Treasurer) Mr Peter H Grayson

Mr Melvyn J Moyle Mrs Susan E Troll

Property Trustees: Baptist Union Corporation Limited,

Baptist House, 129 Broadway, Didcot, Oxfordshire, OX11 8RT

Bankers: NatWest, 113 Dalton Road, Barrow-in-Furness, Cumbria, LA14 1WY

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Annual Report

At the start of 2020 Millom Baptist Church was operating as an Excepted Charity but had taken the decision to convert to a Charitable Incorporated Organisation. This Charity was, therefore, registered in April this year, with the intention of transferring all the assets, liabilities and activities of the Church from the Excepted Charity to the CIO. At the end of the year the transfer had not taken place, and this fact is reflected in the accounts. The transfer actually took place on 1st January 2021.

Financial Review

The Church ended 2020 in a healthy financial position. The consequences of the Coronavirus pandemic resulted in a significant decrease in income, as compared with 2019, but this has been matched by a similar reduction in expenditure. As a result, reserves have increased during the year. At the end of the year the Excepted Charity had a balance of £17000, in addition to tangible assets, to transfer to this Charity. It is therefore the view of the Trustees that the Charity will begin operations in 2021 as a going concern.

The Trustees have established a Reserves Policy of a minimum of three months regular expenditure, to cover a drop in income. Over the next few years the Church will need to increase its reserves in order to meet the cost of anticipated building renovations.

The accounts are presented on pages A1 to A2.

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Statement of income and expenditure

General General Restricted
Designated

Designated
Total
funds funds funds funds
Income
Total income 0 0 0 0
Expenditure
Total expenditure 0 0 0 0
Balance sheet
General Restricted
Designated
Total
funds funds funds funds
Opening balance 0 0 0 0
Income 0 0 0 0
Expenditure 0 0 0 0
Closing balance 0 0 0 0
Bank balances at 31st December
Reserves account 0
Current account 0
Total 0
Assets and liabilities
Assets
Total assets 0
Liabilities
Total liabilities 0
Assets – Liabilities 0

A1

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES/MEMBERS OF MILLOM BAPTIST CHURCH (Charity number 1188947)

Responsibilities and basis of report

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2020, which are set out on page A1.

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts, carried out under section 145 of the Act, and, in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s qualified statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Date: 29/7/2021

A2