## **Kesgrave Baptist Church CIO** ## Charity No 1193135 # End of Year Report and Financial statements. For the period: 01/10/2021 - 30/09/2022 1 of 6 ## Contents ||Page|| |---|---|---| |Legal and Administrative Information||3| |Trustees’ Annual Report||4| |Independent Examiner’s Report||7| |Receipts and Payments Accounts||9| |Statement of Assets and Liabilities||10| 2 of 6 ## Legal and Administrative Information **Address:** Kesgrave Baptist Church Cambridge Road Kesgrave IP5 1EW **Trustees:** P Micklesen E Robinson T Mawson M Tatham (Joined 27th Nov 2021) R Percy (Joined 25th Nov 2021) **Bankers:** Barclays Bank, Ipswich Building Society, Cambridge and Counties Bank **Independent Examiner:** Mr J Whayman 3 of 6 ## Trustees’ Annual Report The trustees of Kesgrave Baptist Church present their annual report and financial statements for the year ending 30th September 2022. The accounts have been prepared on a cash and receipts basis as permitted under the regulations. ## **Governance and Management** Kesgrave Baptist Church was formed in 1927, in addition to the trust deeds of the land it was governed by ‘Articles of faith and church rules’ last revised in September 2016. The church registered as a CIO on 18th January 2021 and is governed by the constitution document formed at the same time. The church previously operated as an Excepted Charity under the umbrella of the Association of Grace Baptist Churches East Anglia (AGBCEA). The trustees are formed from the Elders and Deacons of the church, all have served throughout this period unless otherwise noted. Currently one trustee, Tom Mawson, is employed by the church as pastor. The trustees are responsible for the control and management of the church and are appointed by members of the church. Church Buildings and Land are currently held in trust by the AGBCEA. ## **Objectives and Aims** The purpose of the church is the advancement of the Christian faith in accordance with the Basis of Faith, Doctrinal Distinctives and Ethical Statements, primarily, but not exclusively, within Kesgrave, Suffolk, and the surrounding neighbourhood; and such other charitable purposes, as shall in the opinion of the charity trustees facilitate the work of the Fellowship, provided that such purposes must be carried out in a manner consistent with the Basis of Faith, Doctrinal Distinctives and Ethical Statements . ## **Activities and Achievements** The trustees have given due regard to the Charity Commissions guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. This year has seen much of a return to normal, since the COVID pandemic, meetings of the church fellowship have grown in number and frequency, evening services have resumed on a Sunday. The various activities of the church include: 4 of 6 - Regular Sunday morning and evening services, and a regular prayer meeting on Tuesday evenings. - Youth activities, ladies’ meeting, toddler and parent groups, wedding and funeral services, monthly men’s and women’s breakfasts. - The church continues to allow use of the buildings for Brownie groups and Slimming World. The church is involved in supporting worldwide Christian Mission, particularly through, Grace Baptist Mission, European Mission Fellowship, Servants of The Word and Caring For Life. We support these missions due to their alignment with our beliefs and the fact that they have similar charitable objective to ours. We choose to make grants to these missions, based on income received, Pastoral support is provided for those who are unwell or in need. ## **Finances** The principal source of funds for the church is free will offerings of attendees. This year saw a return to many normal church activities after COVID, this has been reflected in both income and expenditure. Looking at the accounts we can see evidence that God has graciously supported us through this last year financially and we have been able to continue to support various missionaries as well as the work here. We are grateful for the financial support of the fellowship; our finances continue to be encouraging. There have been some large one-off expenses, particularly with regard to the purchase of 45 Reeve Gardens. The church holds a second charge over the house and a loan was set up, whereby upon sale of the house the church will receive 31.7% of the proceeds. Regular giving has grown throughout the year and various groups have continued to use the buildings during the week, providing us with some useful extra income. At the end of the period we had £207497 in our general fund and £34078 in the special fund. The special fund is a designated fund, for the purposes of special projects. The general fund is higher than expected, due to the church receiving legacies to the amount of £95726 during the year. We are grateful to the Lord for supplying our needs and continue to rely on his provision, using all we have in his service. 5 of 6 The accounts, produced under a receipts and payments basis, have been independently examined and are replicated in this report, along with a statement of assets and liabilities. ## **Reserves Policy** Our policy is to build and maintain a margin of funds to cover about 3 months of expenditure. As the financial report shows, we currently have funds to maintain this and will continue to discuss how to best use our resources for the Lord’s work. ## **Risk Management** The trustees have reviewed the major risks to which the CIO is exposed to. Everybody working with young people or vulnerable adults is DBS checked and understands the safeguarding policy. The premises are regularly reviewed for health and safety purposes. We take a low risk approach to investments and use cash deposit accounts. ## **Approval** This report was approved by the trustees on 23rd July 2023 and signed on their behalf. Tom Mawson Trustee and Pastor Paul Micklesen Trustee and Treasurer 6 of 6 CHARITY COMMISSION I FOR ENGLAND AND WALES Independent examiner's report on the accounts Sectlon A Independ8nt Examiner's Report Report to the Irusteesl members of k£s&KAV Apfisr Cty•uRcI4 o)0 On accounts for the year ended Charity no lif any) 30 FL SEPT£n8££ 2 022 1193)3g Set out on pages I report to the trustees on my examination of the a¢￿Unts of the above charityllhe Trusl") for the year ended Responslbllltles and As the charity trustees of the Trust. you are responsible for the preparation basls of report of the accounts in accordance with the requiréments of the Charities Act 2011 ("the Act.). I report in respect of my examination of the Trust's accounts carried out under seclion 145 of Ihe 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confimi Ihal no material matters have come lo my attention (other than that disclosed below ') in connection with the exarnination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with s8Ction 130 of the Act or the accounts do not accord with the accounting records Independent examlner's statemenl I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enab18 proper understanding of the accounts lo be reachéd. ' Please delete the words in the bTrckels if Ihey do not apply. Slgned: Date: 19 2D2S Name: ST￿Per U)HA YMAhJ Relevant professional qualiflcation(sl or body (If any): Address: FS IL JP4 IER October 2018 **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . 2 **October 2018** **IER** |**Charity Name**|||**No (if any)**||| |---|---|---|---|---|---| |**Kesgrave Baptist Church CIO**|||**1193135**||| |**Receipts andpayments accounts**|||||**CC16a**| |**For the period**
**from**|Period start date
01/10/2021|**To**|Period end date
30/09/2022||| |**Section A Receipts and payments**|**Section A Receipts and payments**|**Section A Receipts and payments**|||||||| |---|---|---|---|---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**||**Restricted funds**
**to the nearest £**||**Endowment**
**funds**
**to the nearest £**||**Total funds**
**to the nearest £**||**Last year**
**to the nearest £**| |
Regular Offerings|**34,266**||**-**|

|**-**||**34,266**||**19,040**| |WeeklyOfferings|**6,731**||**-**||**-**||**6,731**||**3,191**| |Hall Hire|**6,274**||**-**||**-**||**6,274**||**1,912**| |World Mission Fund|**-**||**1,583**||**-**||**1,583**||**800**| |Gifts|**-**||**592**||**-**||**592**||**640**| |Legacies|**95,726**||**-**||**-**||**95,726**||**-**| |Gift Aid|**8,492**||**-**||**-**||**8,492**||**4,893**| |Welfare|**30**||**-**||**-**||**30**||**-**| |Special Fund Donations|**330**||**-**||**-**||**330**||**240**| |Interest|**842**||**-**||**-**||**842**||**868**| |**_Sub total_**_(Gross income for AR)_|**152,691**||**2,175**||**-**||**154,866**||**31,584**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| |
**Sale of Manse**|**-**||||||||**125,008**| ||**-**||||||||**0**| |**_Sub total_**|**-**||||||||**125,008**| |**_Total receipts_**
**A3 Payments**|||||||||| ||||||||||**156,592**| ||||||||||| |
Ministry|**29,842**||**-**|








|**-**||**29,842**||**9,482**| |Mission Giving|**9,014**||**1,583**||**-**||**10,597**||**5,255**| |Gifts|**400**||**592**||**-**||**992**||**640**| |Members Expenses|**481**||**-**||**-**||**481**||**221**| |Youth Work|**281**||**-**||**-**||**281**||**214**| |Utilities|**4,684**||**-**||**-**||**4,684**||**1,018**| |Repairs and Maintenance|**1,239**||**-**||**-**||**1,239**||**2,829**| |Books|**1,038**||**-**||**-**||**1,038**||**-**| |Catering|**189**||**-**||**-**||**189**||**-**| |Welfare|**566**||**-**||**-**||**566**||**-**| |Legal Fees|**2,760**||**-**||**-**||**2,760**||**6,066**| |Professional Fees|**-**||**-**||**-**||**-**||**2,200**| |**_Sub total_**|**50,494**||**2,175**||**-**||**52,669**||**27,925**| ||||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||||| |**31.7% of 45 Reeve Gardens**|**100,000**||||||||**-**| ||**0**||||||||**-**| |**_Sub total_**|**100,000**||||||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfer between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||||| ||||||||||**27,925**| ||||||||||| ||**2,197**||||||||**128,667**| ||**0**||||||||**-**| ||**239,378**||||||||**110,711**| ||**241,575**||||||||**239,378**| CCXX R1 accounts (SS) 23/07/2023 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**Categories**
**B1 Cash funds**
**B1 Cash funds**|General Fund
Designated Special Fund
**_Total cash funds_**
(agree balances with receipts and payments account(s))
**_Total cash funds_**
(agree balances with receipts and payments account(s))
CurrentAccount
BankSavingsAccount
**Details**
Building Society-Special
Savings Account
**Details**|**Unrestricted**
**funds**
**to nearest £**
**85,491 **
**66,700**
**15,786**
**73,598**
**-**
**241,575**
OK
**Unrestricted**
**funds**
**to nearest £**
**207,497**
**34,078**
**241,575**|**Unrestricted**
**funds**
**to nearest £**
**85,491 **
**66,700**
**15,786**
**73,598**
**-**
**241,575**
OK
**Unrestricted**
**funds**
**to nearest £**
**207,497**
**34,078**
**241,575**| |---|---|---|---| |||**207,497**|**-**| |||**34,078**|| ||||| |||**241,575**|**-**| ## **B3 Investment assets** ## **B4 Assets retained for the charity’s own use** Signed by one or two trustees on behalf of all the trustees |**Details**
31.7% in 45 Reeve Gardens
Piano, Organ, Kitchen Equipment,
AudioVisual Equipment
General Furnishings
**Details**
Signature|**Fund to which asset**
**belongs**
**Cost (optional)**
**General**
**100,000**
**-**
**-**
**-**
**-**
**Fund to which asset**
**belongs**
**Cost (optional)**
General
**-**
General
**-**
General
**-**
**-**
Print Name
Thomas Mawson
Paul Micklesen|**Current value**
**(optional)**| |---|---|---| |||**-**| |||**-**| |||**-**| |||**-**| |||**-**| |||**Current value**
**(optional)**| |||**-**| |||**-**| |||**-**| |||**-**| |||| |||Date of approval| ||Thomas Mawson|23.6.23| ||Paul Micklesen|23.6.23| CCXX R2 accounts (SS) 23/07/2023 2