2023-12-31-accounts - Revive Baptist Church Leeds

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Revive Baptist Church Leeds CIO

Charity number 1192592

Annual Report and Financial Statements

for the year ended 31 December 2023

Revive Baptist Church Leeds CIO

Annual Report and Financial Statements for the year ended 31 December 2023

Contents	Page
Trustees' report	2 to 3
Receipts and payments account	4
Statement of assets and liabilities	5
Notes to the accounts	6 to 8

Prepared by West Yorkshire Community Accountancy Service CIO

Revive Baptist Church Leeds CIO

Trustees' report for the year ended 31 December 2023

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates

Simon Thompson Paul Tapper Treasurer Simon Brentford Charlotte Naylor Davis Luisa Bennett

Appointed May 2023 Appointed July 2023

Charity number

Charity number 1192592 Registered and principal address Bankers 24 The Turnways Triodos Bank Leeds Deanery Road LS6 3DU Bristol BS1 5AS

Registered and principal address

Registered in England and Wales

Independent examiner

Simon Bostrom FCIE

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a Charitable Incorporated Organisation (CIO) association formed on 30 November 2020 and is governed by a constitution.

Method of recruitment and appointment of trustees

The trustees are appointed by the members of the charity at an AGM or any other members' meeting during the year.

Revive Baptist Church Leeds CIO

Trustees' report (continued) for the year ended 31 December 2023

Objectives and activities

The principal purposes of the Church are:-

l The advancement of the Christian faith according to the principles of the Baptist denomination.
l The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.

Public benefit statement

In setting our objectives and planning our activities our trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular advancement of the Christian faith.

Achievements and performance

Staffing and governance

l Emma King and Charlotte Naylor Davis continued to work for Revive.
l Luisa Bennett and Charlotte Naylor Davis became Trustees.
l Rebekah Besford joined the support team.
l Membership dropped slightly, to 34 official Members. We have many regulars who are not Members.

Sundays

l All age meetings Sunday afternoons, where we had fun family activities and ate together. In December we had an advent stations event where we all prepared something about one character/ place in the Christmas story.
l In the spring our teaching theme was the New Testament letters of Paul and others. We also used some meeting time to think through questions as part of the future facilitation process, culminating in an away day in April.
l In the summer term our teaching and learning theme was gender, sexuality, sex and marriage in the Bible.
l In the autumn we looked at parables. Throughout the year we also continued with our sentness meetings, hearing from and praying for people in our community. We also had some film nights.

Other activities

l Camping weekend at Briscoe Woods.
l Weekend away at Haworth youth hostel. Guest speaker Simon Hall.
l A group attended Leeds Pride with affirming banners.
l Our women’s prayer and men’s prayer groups continued to support each other in person and via WhatsApp.

Future of Revive

l We have continued with the process of looking at the future of Revive, with the facilitator Barbara McNish. We had a very useful and fun away day, from which there were many further questions, actions and ideas.
l As one of those actions, and as a result of some other deep and sometimes painful conversations, we started to write a statement that fits with where we are as a congregation about being affirming to LGBTQI+ people, both of faith and none.

Revive Baptist Church Leeds CIO

Trustees' report (continued) for the year ended 31 December 2023

Financial review

The net payments for the year were £3,050, all relating to unrestricted funds.

Reserves policy

The charity's free reserves, at the year end were £15,879.

The Trustees of Revive Baptist Church recognise that reserves are needed to ensure the church is able to fulfil its financial obligations despite uncertain and variable income. The target amount of money to be held as reserves is equal to the total committed funds. This should include any notice periods for any employees, and any other committed future expenditure (e.g.- building lease, etc), plus an amount for contingencies.

The notice period for a minister is three or six months. As a simplified calculation for the target reserves level we will aim for six months of our total costs as that would comfortably cover any redundancy payments and other commitments.

The current reserves level is in excess of the target reserves level. The Trustees recognise that it is their responsibility to not “hoard” reserves, but to use excess money to further the objectives of the charity. For 2024 we are currently planning to utilise approximately £3,000 of our reserves and so we will be nearer to our policy level at the end of the year.

Approved by the board of trustees on 2/05/2024

Simon Brentford (Trustee)

Revive Baptist Church Leeds CIO

Receipts and payments account

for the year ended 31 December 2023

Notes 2023 Unrestricted funds £ Receipts Grants and donations (2) 15,578 Weekend away income 2,025 Events income 34 Bank interest 85 Transfer on incorporation - Total receipts 17,722 Payments Salaries 14,628 Payroll charges 360 Materials and resources - Website, IT and mobile 218 Weekend away costs 2,557 Events 1,238 Insurance 197 Out of pocket expenses 75 Revive grants to members - Donations to others 944 Bank charges 52 Accountancy 276 Legal fees - Licences 227 Freelance payments - Total payments 20,772 Net receipts / (payments) (3,050) Fund balances brought forward 18,929 Fund balances carried forward (3) 15,879	2023 Restricted funds £ - - - - - - - - - - - - - - - - - - - - - - - 103 103	2023 Total funds £ 15,578 2,025 34 85 - 17,722 14,628 360 - 218 2,557 1,238 197 75 - 944 52 276 - 227 - 20,772 (3,050) 19,032 15,982	2022 Total funds £ 17,908 1,855 30 19 19,126 38,938 8,951 300 14 234 2,642 467 187 44 1,000 927 49 248 541 212 4,090 19,906 19,032 - 19,032

Revive Baptist Church Leeds CIO

Statement of assets and liabilities

as at 31 December 2023 2023 Unrestricted £ Cash funds Cash at bank 15,795 Cash in hand 84 Total cash funds 15,879 Debtors and prepayments Prepayments Accrued income Liabilities Accruals	2023 Restricted £ 103 - 103	2023 Total £ 15,898 84 15,982 2023 £ 238 1,598 1,836 2023 £ 454 454	2022 Total £ 18,948 84 19,032

The financial statements were approved by the board of trustees on 2/05/2024

Simon Brentford (Trustee)

Revive Baptist Church Leeds CIO

Notes to the accounts

for the year ended 31 December 2023

1 Accounting policies

Basis of accounting

The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.

There has been no change to the accounting policies since last year.

No changes have been made to the accounts for previous years.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Revive Baptist Church Leeds CIO

Notes to the accounts continued

for the year ended 31 December 2023

2 Grants and donations Gift Aid General donations 3 Restricted funds Eastern Baptist Association Fund name Eastern Baptist Association	2023 Unrestricted funds £ 1,598 13,980 15,578 Balance b/f Incoming £ £ 103 - 103 - Purpose of restriction Towards the 'See I am doing a	2023 2023 Restricted Total funds funds £ £ - 1,598 - 13,980 - 15,578 Outgoing Transfers £ £ - - - - new thing' project costs.	2022 Total funds £ 4,842 13,066 17,908 Balance c/f £ 103 103

4 Related party transactions

Trustee expenses

No trustee received any expenses during the year.

Trustee remuneration and benefits

Charlotte Naylor Davis is our Lay Minister, and as such is allowed to be a Trustee, according to our constitution (and now is a Trustee listed with the Charity Commission). She is paid for her work as Lay Minister. Total remuneration since joining the board was £8,034.