## **Kesgrave Baptist Church CIO** ## Charity No 1193135 # End of Year Report and Financial statements. For the period: 01/10/2022 - 30/09/2023 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 R Percy T Barker (Joined 28th May 2023) W Morrison (Joined 28th May 2023) ## **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 2023. 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. The various activities of the church include: - Regular Sunday morning and evening services, and a regular prayer meeting on Tuesday evenings. - A focus on fellowship and encouragement is facilitated through the use of house groups. 4 of 6 - 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, and another church during the week. 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. We are grateful for the financial support of the fellowship; our finances continue to be encouraging. At the end of the period we had £209486 in our general fund and £34408 in the special fund. The special fund is a designated fund, for the purposes of special projects. The general fund remains high despite significant investment into the church premises. We continue to investigate the best ways to use the funds available to us. We are grateful to the Lord for supplying our needs and continue to rely on his provision, using all we have in his service. 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 5 of 6 reviewed for health and safety purposes. We take a low risk approach to investments and use deposit accounts. This report was approved by the tnjstees on ￿1/1¥ and signed on their behalf. Tom Mawson Trust88 and Pastor Paul Micklesen Trustee and reasurar 6of6 Independent examinerfs report to the trustees of Kesgrave Baptist Church CIO I report to the trustees on my examination of the accounts of Kesgrave Baptist Church CIO Ithe Trust) Charity Number 1193135 for the year ended 30th September 2023. Respons)bilitles and basts of rewt As the charitvs trustees. you are responsible for the preparation of the accounts in accordance with the requirements of the Charltles Act 20111.the ACYI. I report In respect of my examinatlon of the Trusvs accounts carrled oirt under sectlon 145 of the 2011 Act and in carrydng out my examination, I have followed all the appllcable Di￿rtionS given by the Charlty Commission under sertlon 145{5}(bl of the Act. Independent examlnerfs statement I have completed my examlnation. I confirm that no materlal matters have corne to my attent￿n in tonnertloft wlth the examinatlon whlch glves me cause to belleve that In, any material respect:_ accountlng records were not kept In accordance %vlth sectlon 130 of the Charltles Act,. or the accounts did not accord with the accounting records: or the accounts dld not comply with the appllcable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Re8ulations 2008 other than any requirement that the accounts 8Ne a 'true and falrf vlew which 15 not a matter consldered as part of an Independent examlnatlon. I have no concerns and have come across no other matters In connettlon with the examlnatlon to whlch attention should be drawn in thls report in order to enable a proper understandln8 of the accounts to be reathed. Signed:. STO Name:. Mr SJ Whayman Address:_ 51 Cowperstreet Ipswlch IP4 5JA Date:_ 9th July 2024 |**Charity Name**|||**No (if any)**||| |---|---|---|---|---|---| |**Kesgrave Baptist Church CIO**|||**1193135**||| |**Receipts andpayments accounts**|||||**CC16a**| |**For the period**
**from**|01/10/2022
Period start date|**To**|30/09/2023
Period end date||| |**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 £**| |
Offerings|**45,300**||**794**||**-**||**46,093**||**42,282**| |Hall Hire|**6,717**||**-**||**-**||**6,717**||**6,274**| |World Mission Fund|**-**||**1,585**||**-**||**1,585**||**920**| |Grants|**9,734**||**0**||**-**||**9,734**||| |Legacies|**0**||**-**||**-**||**0**||**95,726**| |Gift Aid|**10,342**||**-**||**-**||**10,342**||**8,492**| |Special Fund Donations|**330**||**-**||**-**||**330**||**330**| |Books|**507**||||||**507**||| |Interest|**2,547**||**-**||**-**||**2,547**||**842**| |**_Sub total_**_(Gross income for AR)_|**75,477**||**2,379**||**-**||**77,856**||**154,866**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| ||**-**||||||||**0**| ||**-**||||||||**0**| |**_Sub total_**|**-**||||||||**0**| |**_Total receipts_**
**A3 Payments**|||||||||| ||||||||||**154,866**| ||||||||||| |
Ministry|**31,505**||**794**|



|**-**||**32,298**||**30,834**| |Mission Giving|**16,512**||**1,585**||**-**||**18,098**||**10,597**| |Church Activities|**1,438**||**0**||**-**||**1,438**||**951**| |Premises Costs|**19,381**||**-**||**-**||**19,381**||**5,923**| |Books|**873**||**-**||**-**||**873**||**1,038**| |Welfare|**454**||**-**||**-**||**454**||**566**| |Legal and Proffessional Fees|**1,782**||**-**||**-**||**1,782**||**2,760**| |Subscriptions and Affiliations|**1,213**||**-**||**-**||**1,213**||**0**| |**_Sub total_**|**73,158**||**2,379**||**-**||**75,537**||**52,669**| ||||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||||| |**31.7% of 45 Reeve Gardens**|**0**||||||||**100,000.00**| ||**0**||||||||**-**| |**_Sub total_**|**0**||||||||**100,000.00**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfer between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||||| ||||||||||**152,669**| ||||||||||| ||**2,319**||||||||**2,197**| ||**0**||||||||**-**| ||**241,575**||||||||**239,378**| ||**243,894**||||||||**241,575**| CCXX R1 accounts (SS) 18/07/2024 1 Section B Statement of assets and liabiltties at the end of the period Unrestsleted R•strfct•d funds fund• r*#£ Endowmartt fund$ 81 Ca•h funds Cuntnl A(xy)unl 88Trk Sav s knunt 5499 Bank Sav s ArAxJufit 5537 Burfdwi Sode Savin s AeAx)unt 75 243.894 Unrn•trtct•d R•strtet•d funds lunds Endowm•nt fvnds •r••i £ Iv.-I:J. •••h fund* G¢n8r81 Fund natod S d•1 Fund Toi•l ¢•*h Ik¥xl8 243,8 k*whl¢h Detalls 31.7% ￿ 45 R•8ve Gerder cw1•￿ v4lu• lon•1 Delails 84 Assèts retaln•d for Y charity'$ own use n Kit¢hen E Genera1 AudK) ￿u¥l E nt Gbner81 Generdl Fumish G8n8r81 Signed by one twstBes on b•hatt of al the Iru81885 JnBbJ Datè of Èpproval P4 fom so￿1 CCXX R2 arx¥Junts ISSI 2010612024