REGISTERED COMPANY NUMBER: 01189820 (England and Wales) REGISTERED CHARITY NUMBER: 1189820
Calvary Baptist Church Peterborough
Unaudited Financial Statements for the Year Ended 31st December 2022
Calvary Baptist Church Peterborough
| Contents of the Financial Statements | |
|---|---|
| for the Year Ended 31st December 2022 | |
| Page | |
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 to 6 |
| Notes to the Financial Statements | 7 to 12 |
| Detailed Statement of Financial Activities | 13 |
Calvary Baptist Church Peterborough
Report of the Trustees
for the Year Ended 31st December 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The advancement of the Christian faith in accordance with the basis of faith primarily but not exclusively within Cambridgeshire and the surrounding neighbourhood; and Peterborough city.
Such other charitable purposes as shall, in the opinion of the members of the church in general meeting, further the work of the church.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
01189820 (England and Wales)
Registered Charity number 1189820
Registered office
Calvary Baptist Church 200 Welland Road Dogsthorpe Peterborough PE1 3SZ
Trustees
Pastor J Vandenhurk Chairman
B P Hernaman Trustee R Lankey Trustee Mr T Prentice Treasurer (resigned 31.3.23) S Tucker Treasurer
Independent Examiner
Courts Accountancy Services Ltd Investment House 24 Vicarage Road Winslow Buckinghamshire MK18 3BE
Approved by order of the board of trustees on 31st October 2023 and signed on its behalf by:
Page 1
Calvary Baptist Church Peterborough
Report of the Trustees
for the Year Ended 31st December 2022
Pastor J Vandenhurk - Trustee
Page 2
Independent Examiner's Report to the Trustees of Calvary Baptist Church Peterborough
Independent examiner's report to the trustees of Calvary Baptist Church Peterborough ('the Company') I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st December 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Courts Accountancy Services Limited
Courts Accountancy Services Ltd
Investment House
24 Vicarage Road
Winslow Buckinghamshire
MK18 3BE
31st October 2023
Page 3
Calvary Baptist Church Peterborough
Statement of Financial Activities for the Year Ended 31st December 2022
| Statement of Financial Activities for the Year Ended 31st December 2022 |
||||
|---|---|---|---|---|
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Investment income 2 Total EXPENDITURE ON Raising funds 3 Charitable activities Direct charity expenditure Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 62,126 16 62,142 - 41,062 41,062 21,080 89,575 110,655 |
Restricted funds £ - - - - - - - - - |
31.12.22 Total funds £ 62,126 16 62,142 - 41,062 41,062 21,080 89,575 110,655 |
31.12.21 Total funds £ 41,503 3 |
| 41,506 | ||||
| 13,974 119 |
||||
| 14,093 | ||||
| 27,413 62,162 |
||||
| 89,575 |
The notes form part of these financial statements
Page 4
Calvary Baptist Church Peterborough
Balance Sheet
31st December 2022
| Notes FIXED ASSETS Tangible assets 7 CURRENT ASSETS Cash at bank CREDITORS Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 9 Unrestricted funds TOTAL FUNDS |
Unrestricted fund £ 5,538 105,987 (870) 105,117 110,655 110,655 |
Restricted funds £ - - - - - - |
31.12.22 Total funds £ 5,538 105,987 (870) 105,117 110,655 110,655 110,655 110,655 |
31.12.21 Total funds £ 11,957 79,015 (1,397) 77,618 89,575 89,575 89,575 89,575 |
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2022 in accordance with Section 476 of the Companies Act 2006.
-
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 5
Calvary Baptist Church Peterborough
Balance Sheet - continued
31st December 2022
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 31st October 2023 and were signed on its behalf by:
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J Vandenhurk - Trustee
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The notes form part of these financial statements
Page 6
Calvary Baptist Church Peterborough
Notes to the Financial Statements
for the Year Ended 31st December 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost Fixtures and fittings - 25% on cost Motor vehicles - 25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
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 notes to the financial statements.
continued...
Page 7
Calvary Baptist Church Peterborough
Notes to the Financial Statements - continued
for the Year Ended 31st December 2022
| Notes to the Financial Statements - continued for the Year Ended 31st December 2022 |
|||
|---|---|---|---|
| 2. INVESTMENT INCOME Deposit account interest 3. RAISING FUNDS Raising donationsandlegacies Support costs 4. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets 5. TRUSTEES' REMUNERATION AND BENEFITS |
31.12.22 £ 16 31.12.22 £ - 31.12.22 £ 4,929 |
31.12.21 £ 3 31.12.21 £ 11,403 |
|
| 31.12.21 £ 3,201 |
|||
There were no trustees' remuneration or other benefits for the year ended 31st December 2022 nor for the year ended 31st December 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st December 2022 nor for the year ended 31st December 2021.
| December 2021. | ||
|---|---|---|
| 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 41,503 Investment income 3 Total 41,506 EXPENDITURE ON Raising funds 13,974 Charitable activities Direct charity expenditure 119 |
Restricted funds £ - - - - - |
Total funds £ 41,503 3 |
| 41,506 | ||
| 13,974 119 |
Page 8
continued...
Calvary Baptist Church Peterborough
Notes to the Financial Statements - continued
for the Year Ended 31st December 2022
| Notes to the Financial Statements - continued for the Year Ended 31st December 2022 |
||||
|---|---|---|---|---|
| 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted fund £ Total 14,093 NET INCOME 27,413 RECONCILIATION OF FUNDS Total funds brought forward 62,162 TOTAL FUNDS CARRIED FORWARD 89,575 7. TANGIBLE FIXED ASSETS Fixtures Plant and and machinery fittings £ £ COST At 1st January 2022 7,641 1,974 Disposals - (1,974) At 31st December 2022 7,641 - DEPRECIATION At 1st January 2022 2,087 484 Charge for year 1,971 - Eliminated on disposal - (484) At 31st December 2022 4,058 - NET BOOK VALUE At 31st December 2022 3,583 - At 31st December 2021 5,554 1,490 |
Restricted funds £ - - - - Motor vehicles £ 7,820 - 7,820 2,907 2,958 - 5,865 1,955 4,913 |
Total funds £ |
||
| 14,093 | ||||
| 27,413 62,162 |
||||
| 89,575 | ||||
| Totals £ 17,435 (1,974) 15,461 5,478 4,929 (484) 9,923 5,538 11,957 |
||||
Page 9
continued...
Calvary Baptist Church Peterborough
Notes to the Financial Statements - continued
for the Year Ended 31st December 2022
| 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other creditors Accrued expenses 9. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparativesfor movementin funds Unrestricted funds General fund TOTAL FUNDS |
At 1.1.22 £ 89,575 89,575 Incoming resources £ 62,142 62,142 At 1.1.21 £ 62,162 62,162 |
31.12.22 31.12.21 £ £ 870 786 - (1) - 612 870 1,397 Net movement At in funds 31.12.22 £ £ 21,080 110,655 21,080 110,655 Resources Movement expended in funds £ £ (41,062) 21,080 (41,062) 21,080 Net movement At in funds 31.12.21 £ £ 27,413 89,575 27,413 89,575 |
|---|---|---|
Page 10
continued...
Calvary Baptist Church Peterborough
Notes to the Financial Statements - continued
for the Year Ended 31st December 2022
9. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 41,506 41,506 |
Resources Movement expended in funds £ £ (14,093) 27,413 (14,093) 27,413 |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.1.21 £ 62,162 62,162 |
Net movement in funds £ 48,493 48,493 |
At 31.12.22 £ 110,655 |
|---|---|---|---|
| 110,655 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 103,648 103,648 |
Resources Movement expended in funds £ £ (55,155) 48,493 (55,155) 48,493 |
|---|---|---|
Page 11
continued...
Calvary Baptist Church Peterborough
Notes to the Financial Statements - continued
for the Year Ended 31st December 2022
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st December 2022.
Page 12
Calvary Baptist Church Peterborough
Detailed Statement of Financial Activities for the Year Ended 31st December 2022
| Detailed Statement of Financial Activities for the Year Ended 31st December 2022 |
||
|---|---|---|
| 31.12.22 | 31.12.21 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donationsandlegacies | ||
| Tithes and offerings | 36,778 | 28,822 |
| Donations | 23,907 | 12,681 |
| Gift aid | 1,441 | - |
| 62,126 | 41,503 | |
| Investmentincome | ||
| Deposit account interest | 16 | 3 |
| Total incoming resources | 62,142 | 41,506 |
| EXPENDITURE | ||
| Support costs | ||
| Management | ||
| Administration | 2,690 | 1,088 |
| Ministries | 10,534 | 2,819 |
| Support | 6,100 | 3,680 |
| Depreciation of tangible and heritage | ||
| assets | 4,928 | 3,201 |
| 24,252 | 10,788 | |
| Other | ||
| Premises costs | 15,648 | 2,693 |
| Governance costs | ||
| Accountancy and legal fees | 610 | 612 |
| Software subscription | 552 | - |
| 1,162 | 612 | |
| Total resources expended | 41,062 | 14,093 |
| Netincome | 21,080 | 27,413 |
This page does not form part of the statutory financial statements
Page 13
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Signature 1
Signed by Jason Sykes using authentication code dmtIcDg5dXE/cU5V at IP address 213.129.74.45, on 2023/10/31 16:43:10 Z.
Jason Sykes's e-mail address is: jason.sykes@courtsaccountants.co.uk.
Signature 2
Signed by Jonathan VandenHurk using authentication code TyQ0P0ZrSk53WTRG at IP address 104.28.40.166, on 2023/10/31 16:56:54 Z. Jonathan VandenHurk's e-mail address is: jonathan.vandenhurk@calvarybaptistchurch.org.uk.