## 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**
1
## 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.
2
## 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.
3
## 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)
4
## 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|
|---|---|---|---|
5
## 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)
6
## 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.
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## 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.
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