CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From Period start date: 1st April 2023 Peiiod end date: 31*1 March 2024 Charlty name: Ve￿ood Road Evangelical Chapel Charity registration number: 1190160 Objectives and Activities SORP Summary of Ihe purposes of the ch8rty as set out in its goveming document Pw¥ 1.17 1. The advancement of the Chrt$tlan falth In accortlanco with the Basls of Faith, prlmarlly but not excluslvgly withln Three Legged Cross, Very￿0d and the surroundlng areas. 2. Such other ¢harftable purposes as shall, In the oplnlon of the charlty trustses, put Into practice the Christlan faith In accordance wlth the Basls of Faith. Sunday servlces - am and pm Sunday am S-club for chlldren Weekly mldweek prayer meeting Weekly "RSght Steps" fltness GI￿S for older people Weekly "All Sorts" toddler group Weekly Kids Club Ladles Blble-study and Book Club Weekly men's Blble study Pastoral care and practlcal support for n*mbers and rogulars 1.1 Bible studles Yes, the trustees are aware of the guldanGe and have taken It Into account Summary of the maNI activit￿ in reletion to those purposes for Ihe public benefft, in particular, the actNities, projects or Services identified in the accounts. Pwa117 Brnj 1.19 Statement ￿nf1m￿ng whether the Irustee5 have had regard to the guidance issued by Ihe Charity ComMiss￿n on ublic benefft Pw• 1.1 Addltional infomiation {0ptlonal You ma choose to intjude further ststements where relevant about: SORP Policy on grant makj'ng Nla P*a 1.3B Policy on social investment including program related investment Contribuiion made by volunteers Pw1.3B Apart from our pastor, all ￿￿TkerS and trustees elders are volunteers P*x1J8 Achievements and Perfomiance Numbers attenthng our Sunday servlces have fluctuated through the year. We have maintatned both morning and evoning seTViCeS for the benefit of anyone who wishes to attend. Our"S-Club" provides for children on Sunday mornings. Summary of the main achievements of the charity. identifying the differen￿ the charity's work has made lo the circumstan￿5 of its beneficiaries and any wider benefrts to soc*ty es a whole. Pw4120 Our midweek prayer meetirwj continues to be well attended ¢omp2red to other churches. As part of these V•E have had vlsits to update us on the work off Romanian Ministries. Zambesi PAission and the Christian Instltuts. We have contlnuad to run all our midweek activlties during the year. OUT ladles Bible4tudy has been particularty appreclated and is well- attended. Alongslde our *wkly evonts. ￿ ran a numb•r of ￿11-attended outreach events: We ran a Hope Explorod course. We held a successful stall at tho Verwood "R￿11¢ Fayre". We sho%*d '%he Case for Chrlst" as a film ttvoning. We held a 'slide-Sh￿ evenlng ￿7th a New Fore8t photographer, togethor wlth epilogue. We held craft evgning• at both Chrislmas and Easter *lth talks from guest spoakers. We have had a difficult period after the resignation of of our eldersftruE4toes, leavlng Just tv￿ remalning. IThls has now beon resolved through the appolntfftent of new Interim Irustees.) Looking forward. our pastor has reslgned and moved on, and we are maintsining our preaching and teaching commitments through both the elders and capable fften withln the congregatlon, together wlth some Support fn)m visiti reachers. Additional Infonnatlon (optlonal) Youm choose to include further statements where Televant abc*Jt Achievements against objectives sel P￿1.41 Perfottllan￿ of fundratsing activities against objectives set Paz 1.41 Investment performan against objectives PaA 1_41 nla Other Financial Review Review of the charity's financial position at the end of the period P8ra 1.21 Our financial accounts (plu$ independent examiners report) were review*d and approved by the trustees attheir AGM. Our policy is to hold 3 months operating costs in reserve. so that we are always able to pay the pastor's salary (etc.). t*ariry in mind that inGome such as gift aid is not received on an even monthly basis. £75.858 as at 31" March 2024 Statement explaining the policy for holding reserves stating why they are held Pm122 Amounl of reser￿ held Reasons for holding zero feserves Details of fund materially in deficit Para 1 22 Parn122 Para 1.24 Although ￿ madg a small surplus In the year, thls was due to three one donations. We had a planned underlying deficlt of around £20,000 due to the costs of housing rental for our pastor. This will carry fopward into 2024125 but not bo ond this. Nla EXplanat￿n of any uncertainties about the charity continuing as a going concern P¥a 1.23 Additional Inforniatlon loptlonal) You may choose to include further statements where relevant about." Our Income is almost entlrely rellant on gifts and donations from members and others attendlng our sorvlcos Itogether with associated glft ald). The charty's principal sources of funds {including arry fundraising) Pxa 1A7 Wo occasionally seek grants whère th18 is appropriate, usually for i¢latively small sums of mone Investment Frf)licy and objectives including any social investmerrt poli adopted Nla Parn 1.40 A description of the principal risks facing the charity Our risks are detalled In our Rlsk Register, which13 pgriodically reviewod and updated by tho trustees. Parn 1.46 Other Structure, Governance and Management Descriptson of chartys trusts: Type of goveming documenl Parn 1.25 CIO- association How is the charity conskn'tuted? Charitable Incorporated Oryanisation (cio) Trustee Se1￿￿on methods including details of any constitutional provisions e_g. election to post or n8me of any person or body entrlled to appoint one or more trustees Pwx 125 Appointed by exlsting Trustees, subject to the approval (rf membèrs. Additional informallon (optional) You ma choose to include lurther statements where relevant atK)utr. Policies and procedures adopted for the induction and training of trustees Pw• 1.51 Tho church Islod by elders (who arè also the ¢harity trustees). Church meetings are held through the year to Involvo members In key decisions. The charty's organi8ation81 structure and any wder ne￿Ork with whth the charty works Pwa 1.51 The church is part of the Fèllowship of Indopondent Evangelleal Church Relationship with arry related parttes P¥a 1.51 Other Reference and Administratlve details Chari name other name the chan uses istered char nUrn￿r Charity's principal address Verwocmj Road Evan Verwood Road C 1190160 VeTh*rtK)d Road. Three Legged Cross, Dorset. BH216RW elral Cha Names of the chartty tn￿tee$ who manage the chartty Datrs acttd IF notforwholtr ear Name of pernon lor body) entitFed ointtrustse Ifan Trustee name Office Irf any) Grani Spratiey Malcolm Smrlh Jeremy Whtteley Mark Long Jeremy Stambaugh PastorlElder (resigned Juty 2024) (￿Igned June 2023) Elder Elder Inlerim trustee (Appointed in 2024125) {ApF4)inted in 2024125) Interim I￿￿tea Corporate Irustee$- names of the directorn at the date the re Dlrector namè roved Nla Name of trustees hokling tille to rmpety belonging to the chaiity D•tss act•d tt not fort*hole Trustee Mme Nla Funds held as custodian trustees on behalf of others Description of the assets Nla held in this capauty Name and objects of Ihe charity on whose behaw the assets are hetd and how this falls within the custcKlian charttws objects Details of arrangements for safe custody and segregation of such assets from the charity's own Nla Additional infomiatlon (optional) Nam93 and addresses of advlsers Ioptlonal InfOrn￿O0￿) Typo of Namo Address advlser Nla Name of chlef exKutlve or names of senlor stsff mombers Iopllonal infommtion) Nl8 Exemptions from disclosure Reason for norFdi8closure of k rsonnel details Nla other o tional inforniation Declarations The trustees declare that they have approved the trustees. report above. Signed on behalf of the charity's trustees Signature(s Full namels) Position (eg Secretary. Chair. etc) y LWIT￿. Zqfv 2£>2A. VERWOOD ROAD EVANGELICAL CHAPEL C.I.O ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Charity number: 1190160 Company reference: CE022336 Charitv numbtt: 1190160 Compattj numbu C1022336 VERWOOD ROAD EVANGELICAL CHAPEL C.I.O STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2014 2024 2023 2023 lttcomiDg resources Inot¢ 2 l)onation% and grdnts Interest T￿￿1 71.098 829 71.927 Restricted Unr¢stricted 1.549 44.835 6.030 65.1)68 829 65.897 6.030 1.349 44.995 Resources expended (Dott J) Charitsble xtLVitie5 Admins¢Mive Overhe 8.182 63262 967 71.444 967 3.734 58.221 4.471 8.182 2,152 64.229 1.668 72.41 1484} 3.7.14 12.1851 62.(192 D¢fi¢itysurplu$ for the ye•r Totsl fundg broygbt forwxrd 2.152 803.805 805.957 4J37 821.502 Totsl fund$ ¢•rried forward 805.473 805.473 2,152 803.805 Charity. numbeT: 1190160 Company MUm￿r CE022336 VERW(X>D ROAD EVANGELICAL CHAPEL C.I.O BALANCE SHEET ASAT31 MARCH 2024 P4oles 2024 2023 FIXED ASSETS 720.(KJO 722.330 Current ass¢ts Debtors Cash * I￿k and in haThJ IOJ96 75.858 10.185 75.114 85.299 86254 Creditor5: Amounts falling d within or* year {7811 11.6721 Net current *S5tts 85.473 83,627 Total #sstts 805.473 805.957 Reseryes 805.473 805.957 Sign¢d on bchaifof th¢ Irt￿¢ Name s18r￿Ur¢ D￿t ofapprovlll 211osl2o2+ 2q1ft812c Z+_ Charity nurDbEr'. 1190160 Company number c.r.022.7.ICI VERWOOD ROAD EVANGELICAL CHAPEL C.I.O IYOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 21124 l Accounting policie5 Basis of atcountirtg Thtse aicowils hav¢ PTep*ed on the basis of historical c051 convention and in wsth the Charities st￿emen1 of R¢comm¢ndd Prarti£¢ (FRS102) aThl the CharitiC5 Ad. Verwtxyl Road Evartgeltcal Clwl C.UA (Charitable UnÈncivw)r&al A$￿CiatIOn - unregi51ercd dthrityl was merged with Verw(￿1 Road Evangelical Chwl C.I.O. (Charitable 1ncorF￿r￿cd OrwiLalionl on l July 2021. l.and and buildings which weTe IKld in a wor*¢ buildin￿ t￿￿ were trnnsf¢rfed to VerW￿j RO￿ EvangeliLal Lhapel C.l.O. 22 March 2022. l)epre¢iation is providcd on thngible fJx¢d asscts on a $￿aigh[ lin¢ trasis ovcr their expea¢d ¢Jseful lives at Ihe following annual rnics.. Furnitu￿ fixlurt8 arml equit￿￿￿1 33% Freehold l#nd and buildiD No deprLiiaii(In is pwvi(t¥d on fr¢ek)Id larKI I￿lIdin￿ &8 it 15 thc Irustec5 p￿11¢¢ ￿ m8inlin these &ss¢ts in a coniinual 51Ml¢ o1-30und ￿pAir. 2 Intoming re50Urtes RL51ricied IJmL'$iri¢i¢d 2024 2024 Rcstri¢lixl lJnTestriLILd 2023 2023 2024 Off¢rirtgs and donations tiill aid ¥1oi Soltw Fami Grant (hh¢T incomc 1.030 56.140 .347 57.170 8.347 1.549 3().YXX 7.X47 581 65.(￿8 581 71.098 6.030 1.549 44.835 3 R*so¥rees expended Restricted Unrcsvidcd 2024 21124 R¢stric*d Un¢e$¢riLIL'd 2023 2023 2024 Ch*ritable #ctivi¢i¢s Wa¥Ls armi SdiHr* Mansl exp¢ns¢ Travel ex￿￿5¢5 Visiiing prcach¢r5 Mission Repairs arKI maini¢nance Lighi hL?i a￿1 watcr c.ar pwk renthl Insuranc¢ Print rKhst stationery and CoTnpu¢¢r aNI s()ftwarc costs Music littnc¢s Youth and cvangclism Misccllantous l)cpreciatKo 5(X> 27.C84 21.532 712 .525 8(M) 2.735 2,210 27J94 21.532 712 1.525 1.330 7.735 1210 25.212 21.271 88Q 1.479 2.048 2.239 325 1.25¥ 1.006 614 426 488 852 123 58.221 530 1,549 1212 1,196 1212 186 535 535 2J07 178 63.262 2.307 2.330 71.443 2.152 8.182 2.185 3.734 Overheads FIF.C. fflembcrship Legal fees otj transfer kn Clo 967 967 967 3.5n4 4.471 967 967 Llwity number.. 1190160 Company nUEn￿r CL022336 VERWOOD ROAD EVANGELICAL CHAPEL C.I.O NOTES TO THE ACCOIINTS FOR THE YEAR ENDED31 MARCH 2024 4 Tangible Fix¢d Assets Butldings FurniDJre e4uipmeni C05t BIFwd l April 2023 Additions C'll.'wd 31 Marth 2024 720.1 6.923 726.923 720.(KM) 6.92J 726.923 Ikpreciatitrn Illl'.wd l April 2023 Lharge IOT ycar C￿wd 31 MarLh 2024 4.593 2.330 6.923 41.5y3 2.3311 6.923 Ncl twk ¥￿lle JI March 2024 720.(MX) 720,IKIII S Debtors 21)24 2023 Rlnt pryid Cjifl aid ilwm l>repayment- in$urafKe 5.04C) 4.410 729 10.185 4.547 803 10..196 6 B#nk Aceount 2024 2023 Ba￿lay5 ruTh¢nf a¢¢ount J4aKlays busincss savings 2.464 73.394 75.858 4.549 70.5(?5 75.114 Charity nuTnbu: 119D160 Company nurnber C.F022336 VERWOOD ROAD EVANCELICAL CHAPEL C.I.O PIOTES TO THE ACCOUP4TS FOR THE YEAR ENDED 31 MARCH 2024 7 Creditor5 2(124 2023 PA YF &ryJ rKn5ion du¢ A¢¢rued 8as and electh¢ity 345 436 781 I,IK)3 C)09 1,672 8 Restritted funds Funv¢ and is k'ing deprLLiul¢d ¥t 33Vo pLr annum. In the ¢urreni year H grant of £5.(MM) rcceivd ￿WardS fl(M)r repaiT¥. Sp¢Lific ollering¥ M'crc dl%u r¥'LLived and lonvar(kd 10 followng (aw¢s: R¢rnian MISSI￿ £30. Mr G Sprailey £5(MI. /Ambei.i Mission £IIX). Christian Im¢iiu* £4(M) 9 Rel#ted p*rty trans•rtits Mr Gr¥nt spr￿ley. wh) É$ a Tru51ec, rettiv￿ ￿YMents for his scryitts ￿ P&8tor of ihc church as follows.. Salary £26.971 PLn5ivn ¢oniributLon £622 Mr $pr￿[eY also h8d we of the Ma￿ which was r¢nid by thc church at a o)st of £21.532 and rcceived ￿¥¢1 ¢xpens¢s at a of45p p¢r mile Sw￿nting ￿ £478 Charity nuTnber.- 1190160 Company number: CE022336 I)F.PFI%DENT F.XAMINERS REPORT TO THF. TRUSTF.F.S OF VERWOOD ROAD EVAliGELICAL CHAPEL C.LO. ON ACCOUNTS FOR THE YEAR LNDED 31 MARCH 2024 STr:'I' OUT ON PAGTr:8 I TO S I report io the trust¢¢5 on examiTwtion of the a¢￿￿nIS of the above chariry for the year c￿Je1] 31st Marth 2024 A5 the charitys (n￿. you are r￿P)nSIble for the prep8iatiOEL ofthe ID xcordance with the requir¢nYnL8 of lh¢ Chariti¢s Act 2011 ('Mhe Acl-). Respon$lbllltlu 8nd b%￿5 of report I report tn respect of my examination of the T￿￿1.$ a¢¢ounls carricd out under wtion 145 of the 2011 Act alld in carrying oui my ¢Xaininati0￿ T have follow¢d all the aFvlicable Dire¢tions &veT) by the Chari¢y Commission under 9￿tIOn 14515Xb} of the Act. Independent ex#n￿￿tr,% 8tAt¢memt I have cotw)Ictcd my examinjtion. I confirm ihai th) m8teri¥l m8ttL'f5 have wm¢ to my altLntion in conncciion with the exaMI￿tion which giv&s mc Cause io believc thai I￿ any ma￿1￿1 rcsp¢¢¢.' the xcounting records were not kept in awordatKe with secti¢)n 130 ot the Charities Act: or ihc accounlb. did noi a¢¢ord with ihe accouniing Yccords: or ihc accounts did not comply with the applicoble requIre￿ts co￿eming the forni and contrnt or ounls sei out in ihc C"haritiv (Accounts and Rew} R¢gulaiions 2(M18 other ih8n requirement th&¢ the aLCOUnts give a 'tru¢ arml fair, vicw which is not a rrAtt¢r considcred as P8rt of an Inde￿￿c￿l exami￿tion. I have no wnc¢ms 8ThJ have Con￿ across no other matler5 in collneciion with Ihe exallunaiion io which attcrbtion should b¢ drawm in ihi5 [g￿rt in order ¢0 enable a pryr understhndin8 of th¢ to be reaLhLd. Si¥ned Nome Lcw160 H*worlh FCA Address FK1sJlers co1￿• Harbridg8 Green Ri*gwo¢ Hampshire BH24 3PT Date 16 Septwnb8r 2024 Charity number: 1190160 Company number: CE022336 ## **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF VERWOOD ROAD EVANGELICAL CHAPEL C.I.O. ON ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 SET OUT ON PAGES 1 TO 5** I report to the trustees on my examination of the accounts of the above charity for the year ended 31st March 2024 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”). ## **Responsibilities and basis of report** I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 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 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: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of - accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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 Name Louise Hallsworth FCA Address Fiddlers Cottage Harbridge Green Ringwood Hampshire BH24 3PT Date 16 September 2024