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2023-12-31-accounts

Ashley Church CIO

Annual Report for the year ended 31 December 2023

Ashley Church CIO was constituted 20[th] April 2020 and is a registered charity incorporated organisation No. 1189293. Its address is Ashley Church, St Albans, Hertfordshire, AL1 5DA. The charity trustees during the year to 31 December 2023 were:

Mrs Gillian Bywaters, Mrs Carole Perryman, Mr Shaun Perryman, Mrs Claire Wilkinson, Mrs Gillian Jalland, Ms Claire Pinney

The object of the charity is to further the religious and other activities of ASHLEY CHURCH in accordance with its Statement of Beliefs (reproduced in the Declaration of Trust). The Trust is handling all the funds given to the Church by agreement of the members of the church. All the Leadership Team of the Church are Trustees, and this will continue as a matter of policy.

There were four meetings of the Trustees during the year as part of the Joint Elders and Trustees Meetings. We received regular reports from Clive Pickering (the Trust Treasurer) and the Trustees monitored the financial situation based on these reports. The accounts were independently examined and reported on by P. Laskier FCCA of Fenlon & Co Chartered Certified Accountants Rivermill House, 6 High Street Wheathampstead, Herts. The leadership team have also met at other times to facilitate the running of the church and the charity. This arrangement of meetings has worked well and efficiently.

Responsibilities of trustees 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

The financial situation during the year has been good and we were able to provide for all the costs the church required, which included:

General running and Ashley building maintenance costs

Contributions to missionary work and charitable giving. These range from regular support for a local charity working in schools to support for a Nepalese charity.

We are also able to use the facilities of the building to help local charities by the hiring of rooms for support meetings

The funds are provided by regular giving of church members and those who attend regularly, along with gifts from other benefactors and some funds from hiring out the building. All church funds are administered through the Trust for the benefit of the church, and other Christian work. Monies are held in CAF bank and other investment funds. The financial situation will continue to be reviewed on a regular basis. Accounts are presented to the church at the annual general meeting and any major expenditure is presented to members and discussed. Three of the Leadership Team are bank signatories. Two signatories are required on cheques and all bank documents.The Trustees noted that the overall financial situation is good.

Overall, the Trust can meet its commitments and liabilities with sufficient reserves to meet any foreseeable liabilities.

To further the above objects and mission, the charity's main activities were as follows: There is a weekly Sunday morning service, which includes songs, prayers and a message from the Bible. This provides opportunity for Christians to practise their Christian faith, and for those who are not Christians to find out more about the Bible and Christianity. We support and encourage those with a faith to deepen their relationship with God. There are also small groups meeting in the week which provide opportunity for further discussion and support to those attending. We run a weekly mums and

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Ashley Church CIO

toddlers group which provides support to and is well attended by the local community. We also have a bi-weekly ‘Tuesday get Together’ providing a warm and friendly space for chat, craft and cake, anyone can attend. We continue to seek ways in which we can meet the needs of those around us and further afield. As the Church has no paid members of staff, all the activities of the church are run by members of the Church, who are volunteers

SHAUN PERRYMAN for and on behalf of the Board of Trustees

Signature Shaun Perryman Date 20[th] September 2024

To be sent to The Charity Commission electronically with a signed and dated copy filed with the Trust Meeting Minutes

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ASHLEY CHURCH CIO STATEMENT OF RECEIPTS & PAYMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2023

2023
£

RECEIPTS
Gift Aided donations
Gift Aid – Tax Relief
Other Donations/Gifts/etc
Stewardship
Other Receipts
Ashley Toddlers
1,046
Hall Hire
2,385
Tues Café & Other Income
250
Interest
669
Baptisms
-
TOTAL RECEIPTS
PAYMENTS
Capital Expenses
Heaters
-
Laptop
-
General Running Costs
Bank Charges
60
Flagstone Management Fees
264
Gas & Electricity
6,707
Guest Speakers
580
Examiners Fee
870
Insurance
2,210
Internet
526
Subscriptions
364
Supplies & Consumables
465
Water & Sewerage
134
Consultancy
430
Miscellaneous
198
Maintenance Expenses
Electrical
116
Fire Extinguishers & Alarms
945
Charity /Missionary Support
Note 2
TOTAL PAYMENTS
NET RECEIPTS FOR THE YEAR
BANK & CASH BALANCES BROUGHT FORWARD
FUNDS TRANSFERRED FROM ASHLEY HALL
FELLOWSHIP TRUST
BANK & CASH BALANCES CARRIED FORWARD


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ASHLEY CHURCH CIO STATEMENT OF ASSETS & LIABILITIES AT 31[st] DECEMBER 2023



MONETARY ASSETS
Flagstone Holding Account
Flagstone Fixed Term Deposits
Co-op Community Direct Plus
CAF Bank
Cash Balances
Total Bank & Cash Balances
SSE Credit balances on Gas & Electricity
FIXED ASSETS
Church Contents
Church Building
OTHER ASSETS
Gift Aid to 31.12.2023
Interest Accrued on Flagstone Deposits
BBC Location Fees Receivable
LIABILITIES
Accrued Flagstone Management Fee
Accrued Independent Examination Fee
Gas & Electricity charges incurred to 31.12.22
2023

£

394
153,000
-

17,408

-

170,802
3,931
174,733

3,234

4,128
-
7,362
384
558

-
942






RESTRICTED FUNDS

During the year the following donations were received for specific purposes: During the year the following donations were received for specific purposes:
£
Specifically for FEED 310
Specifically for Doublejoy 400
Specifically for BMS Afghanistan 50
760

The above donations were paid to the appropriate beneficiaries during the year.

The Notes on Pages 6 -7 form part of these Financial Statements

These financial statements are accepted on behalf of the charity by:

Signed _______ Dated __ Gillian Bywaters, Trustee

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Ashley Church CIO (Registered charity, number 1189293) Financial Statements for the year ended 31[st] December 2023 Company Number CEO 21718

Page Contents
1-2 Trustees’ annual report
3 Independent examiner’s report
4 Receipts & payments account
5 Statement of assets & liabilities
6-7 Notes to the accounts

Fenlon & Co 6 High Street Wheathampstead AL4 8AA

ASHLEY CHURCH CIO TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31[st] DECEMBER 2023

Full name Ashley Church CIO

Organisation type Charitable incorporated organisation

Registered charity number 1189293

Company number CEO 21718

Principle Address Ashley Church, Ashley Road, St Albans, AL1 5DA

Trustees

Shaun Perryman Gillian Bywaters Gill Jalland Claire Pinney Carole Perryman Claire Wilkinson

Independent examiner

Paul Laskier, Principal, Fenlon & Co, 6 High Street, Wheathampstead, AL4 8AA

Governance and management

The charity is operated under the rules of its CIO Association adopted 19[th] October 2021

Trustees are voted in at a committee meeting and agree to serve and adopt all Church policies.

Objectives and activities

The objects of the CIO are for the public benefit:-

Public benefit statement

The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the Charity Commission’s general guidance on public benefit, ‘Charities and Public Benefit’.

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Summary of the main achievements during the year

The charity’s policy on reserves

The current policy of the trustees is to maintain the charity reserves

Incorporation

The CIO was incorporated on 30[th] April 2021 and took over the assets and liabilities of the Ashley Church Fellowship Trust as of 1[st] January 2022.

Transfer of Property

The Church land and building, Ashley Hall Evangelical Church, Ashley Road, St Albans, AL1 5DA was transferred from the Fellowship Property Trust to the CIO on 25[th] January 2022.

Signed on behalf of the charity’s trustees:

Signed _________ Date _____ Shaun Perryman, Trustee

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ASHLEY CHURCH CIO FOR THE YEAR ENDED 31[ST] DECEMBER 2023

I report on the accounts of the charity set out on Pages 4 to 7.

Respective responsibilities of trustees and examiner

The Charity’s trustees are responsible for the preparation of the accounts. The Charity’s trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

It is my responsibility to:

Basis of the independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity 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 explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statements below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that in any material respect the requirements • to keep accounting records in accordance with section 130 of the 2011 Act; and

  2. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act

  3. have not been met;

  4. The Church has included a credit balance of £3,931 with Monetary Assets. The credit balance relates to overpayment to SSE Ltd which supplies gas and electricity. Strictly this should be treated as a non-monetary asset.

  5. Other than the above, there are no matters that in my opinion attention should be drawn in order to enable a proper understanding of the Accounts to be reached.

P Laskier FCCA Principal of Fenlon & Co 6 High Street Wheathampstead Herts AL4 8AA

______ Dated

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ASHLEY CHURCH CIO STATEMENT OF RECEIPTS & PAYMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2023

2023
£

RECEIPTS
Gift Aided donations
Gift Aid – Tax Relief
Other Donations/Gifts/etc
Stewardship
Other Receipts
Ashley Toddlers
1,046
Hall Hire
2,385
Tues Café & Other Income
250
Interest
669
Baptisms
-
TOTAL RECEIPTS
PAYMENTS
Capital Expenses
Heaters
-
Laptop
-
General Running Costs
Bank Charges
60
Flagstone Management Fees
264
Gas & Electricity
6,707
Guest Speakers
580
Examiners Fee
870
Insurance
2,210
Internet
526
Subscriptions
364
Supplies & Consumables
465
Water & Sewerage
134
Consultancy
430
Miscellaneous
198
Maintenance Expenses
Electrical
116
Fire Extinguishers & Alarms
945
Charity /Missionary Support
Note 2
TOTAL PAYMENTS
NET RECEIPTS FOR THE YEAR
BANK & CASH BALANCES BROUGHT FORWARD
FUNDS TRANSFERRED FROM ASHLEY HALL
FELLOWSHIP TRUST
BANK & CASH BALANCES CARRIED FORWARD


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ASHLEY CHURCH CIO STATEMENT OF ASSETS & LIABILITIES AT 31[st] DECEMBER 2023



MONETARY ASSETS
Flagstone Holding Account
Flagstone Fixed Term Deposits
Co-op Community Direct Plus
CAF Bank
Cash Balances
Total Bank & Cash Balances
SSE Credit balances on Gas & Electricity
FIXED ASSETS
Church Contents
Church Building
OTHER ASSETS
Gift Aid to 31.12.2023
Interest Accrued on Flagstone Deposits
BBC Location Fees Receivable
LIABILITIES
Accrued Flagstone Management Fee
Accrued Independent Examination Fee
Gas & Electricity charges incurred to 31.12.22
2023

£

394
153,000
-

17,408

-

170,802
3,931
174,733

3,234

4,128
-
7,362
384
558

-
942






RESTRICTED FUNDS

During the year the following donations were received for specific purposes: During the year the following donations were received for specific purposes:
£
Specifically for FEED 310
Specifically for Doublejoy 400
Specifically for BMS Afghanistan 50
760

The above donations were paid to the appropriate beneficiaries during the year.

The Notes on Pages 6 -7 form part of these Financial Statements

These financial statements are accepted on behalf of the charity by:

Signed _______ Dated __ Gillian Bywaters, Trustee

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ASHLEY CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2023

1. Receipts & payments accounts

Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually cash received and cash spent will include transactions through bank accounts and cash in hand.

2. Charity/Missionary Support


Regular Monthly Support
Doublejoy
Open Door
STEP
YWAM Outreach
YWAM Uganda
Other Support
Aandit
BMS World Mission
Bikes for Refugees
Citycare International
Dar El Aman
FEED – Matched Giving
Open Doors
Pakistan Flood Appeal
STEP
BMS Afghanistan
Doublejoy – Matched Giving
Kingdom Living Ministries
Nepal
Teen Challenge London

3. Trustee’s renumeration

Trustees received no expenses, renumeration or benefits in this period.

4. Accounting convention

The financial statements have been prepared on the Receipts & Payments basis, and in accordance with the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

5. Receipts

Receipts are included on the Statement of Receipts & Payments when the Charity is in receipt of cash, cheques or electronic payments.

6. Payments

Expenditure is accounted for when payment is made and has been classified under headings that aggregate all cost related to the category.

7. Tangible fixed assets

Purchases of equipment are treated as expenses.

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8. Taxation

The Church is exempt from tax (like any other charity) on most sources of income including investment and property income.

9. Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the Charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the financial statements.

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