Chiltern Evangelical Church Annual Report and Financial Statements Year ending 31 March 2025
Annual Rewt and Financial Staternents202412025 Trustees report for the year ended 31 March 2025 The Trustees have pleasure in piesenting their report and the Financial Statements of the Church for the year ended 31 March 2025. Reference and Administrative Details The Trustees and Treasurer during the year were as follows: Mr. Bruce Jenkins rtrusteel Mr. Joe King ITrusteel Mr. Peter Seccombe ftrustee) Mr. Kevin Judge ffreasurerl Structure, Governance and Management The Church is goveined by rts constitution. Trustees are appointed by the Church Meeting and are responsible for leading the church. They are assisted by the Deacons in the running of the church. The church is a registered CIO - Flegistered Charity No. 1193698 Objectives The Church's aitns are to worship God. to make known the gospel of the Lord Jesus Christ and to edify the congregation through the preaching and teaching of the Word of God. Activities The Church's work engages the community in Emmer Green through its meetings in the Emmer Green Youth and Community Centre, and the community in Sonning Common through activities principally in its own premise& The main objectives of the church are carried out through its Sunday services which are advertised through noticeboards, leaflets and on-line and to which all in the community are invited and welcomed. These services are designed to be accessible for families with children both in terms of timing and content. They are supported by weekly meetings for bible study and prayer. The work also includes a range of regular community focused activities for mothers and toddlers Iweekly, music-based session) and young people of primary school age Ifortnightly youth clubl. There are also opportunities for one-to-one or group discussions for those seeking to learn more about the Christian faith or who need counsel and pastoral care. Public Benefit In carrying out its activities in the year under review, the Trustees have had regard to the public benefit guidance issued by the Charity Commission and ale satisfied that the activities mentioned above have all been for public benefiL Page 2
Annual Rewjrtand Finar*ial Statements2024t2025 Financial Review General funds are used to pay the Pastor's salary. to pay any rents and running costs, to provide literature and to fund various projects. Designated gifts are for the support of Building projects and the weekly Mainly Music session for Mothers and Toddlers. Expenditure across the funds exCded Income by £62,300. Reserves Policy The Church maintains sufFicient monies in the General Fund to cover 3 months of expenditure. The General Fund balance is reviewed regularly and amounts are transferred to/from the General Reserve Fund to maintain the target General Fund balance Icurrently set at 5,0001. Church Building Project The Church is planning to replace the existing building at Sonning Common with a new structure. There have been some donations made to the charity and these are held in a designated Sonning Common Building Project Fund. Total expenditure in the reporLing period was 021,754 for project fees. Trustee Remuneration Note 3.1 in the accounts records that Bruce Jenkins seNes both as a Trustee and as a remunerated employee of the charity. The amounts paid are set out accordingly. These payment details were not included in the previous yearfs accounts. Acting on advice from the Charity Commission, the Trustees acknowledge that these details should have been included and extend their apologies for the oversight. The Trustees report is signed on their behalf by. Name Signature Date 2tts Page 3
Annual f4eFM)rt arKi Financial Staterrnts202412025 Receipts and Payments Account Unf&tricted fvnds Resti£ted Total funds funds Prior year Total fvnds Receipt&. Donations Income from Charitab acrwities Investments l(Y7,764 1.139 5578 4281 115264 1.139 5518 121,781 73,602 1,097 1,659 76,359 Total Receipts 7X>O Payments Expenditure on charitableactivities Total Payments 176,$82 17Q5S2 7,$00 7500 184,082 T84,082 74,615 74,615 Net receiptsl Ipaymentsl resourtrs 162J(N)I 1623001 1,743 Total fiJnds b¥ought foward 3219 322.990 321,246 Total funds carriJ forwdrd 2f.689 2fK),689 322, Statement of assets and liabilities General tgnated Fund Fund Restricted Fund Total PTior Year Total Current assets- Cash at bar)k and in hand CEC Current Account- 3529 3329 Totals 2273 Current assets- Investments 8u5ine55 Saving5 Kingdom Bank Day Notice Viigin Money 120 Day NOte n329 7S689 81.018 9,6E 85.7ZI 258.416 319,660 Totals IiTZ7 24S Grand total ISOOO 245689 260.689 322.990 Signed on behalf of the trustees.. Name Signature Date Page 4
Annual Qewrt aThJ Finala1 StateffÈnts202412(ll5 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 l. Accounting Policies al The accounts are prepared on a Receipts and Payments basis in accordance with the Charities Act 2011 and Charities SORP. bl Donations represent monies received during theyear. including gift aid. cl Charitable Activities Expenditure comprises all expenditure directly related to the Church's objectives. dl The chuich owns no propety but is the beneficiary of the Chiltern Evangelical Church propety which is held in trust 2. Charltable Activities- Expenditure General Deygnated Fund Fund Restricted Fund Thisyear Total Prior Year Total Adventurer5 Building Projert Ftts Catering DBSChecks Events Hall Hire Independent Examination Insurance Licences/TregisiratKJn F Mainly Music Salary Cosrs Utiliti Visring Speakers 114254 121.754 375 102 1.589 17,017 394 31 1,468 3.078 450 1.257 375 K)2 444 1.836 935 1528 43,731 2,766 935 1,604 43,745 2,223 2.397 43. 1766 Legal Advice Property Maintenance Tech Hardware Training 3570 3,570 123 142 184,082 105 142 IIS782 74,615 Page 5
Annual fleportand Financwl sra*rrEnrs2024f2025 Employee Information The number of employees was l. No employee received remuneration exceeding £60,000 3.1 Bruce Jenkins is a Trustee and an employee of the charity. For his employment he received a gross salary of £42.652. The charity paid fl,092 in employer contributions to a NEST workplace pension scheme. The Charity's Constitution makes allowance for payments to Trustees who are also employees. Section 6.1 states.. . any employee of rhe Church may receive reasonable compensation for carrying out their duties as office holders and/or employees notwithstonding thot they are or may be a Charity Trustee or a Connected Person to a Charity Trustee.. 3.2 An overpayment of Employee Nl contributions in the previous financial year resulted in an interest credit of E13 from HMRC. 4. Funds Reconciliation Brought For4Yaid Paid Transfer Carried Forward Funds GENERALFUND Isooo 82310 If1).8001 iJo 75,000 DESIGNATED FUNDS Chufch Building Project Urnallocated Gifts Mainly Musi Genèral Reserve Tota 9&706 30PY2 0142541 15,284 117.094 1.139 .5281 921 21.121 113,Yl 245.689 IS7821 RESfRicfED FUNDS Building Fund 75(K) TOTAL FUNDS 322. 121.781 84.0 260.689 Page 6
Annual Peport and Financi31 StaierYEnis202412025 I report on theaccounis ofthechurch for theyearended 31 March 2025.which areset out on pages 4r06. Flespective responsibilities of trustees and independent examiner Tho church's trustoes aro rosponsible for the preparation of the accounts. The trustees consider that an audit Is not required for this year (under section 44121 of thc Charitie5 Act 2011 Itho 2011 ACLI and that an independent examination is needed. It is my responsibility to.. Examine the accounts under section 145 of the 2011 Act.. To follow the procedures laid down in the General Oirections given by the Charity Commissioners under section 145151 Ibl of the 2011 Act." and To state whether particular mattors have come to myattention. Basis of independent examiner's report My examination was carried out in accordance with the General Dircctions given by the Charity Commissioners. An examination includes a review of thc accounting records kept by the=harity and a comparison of the accounts presented with those records. It also inclu(Jes consideration of any u rnUSUdl items or disclosures in the accounts, and seeking expla nation5 from you ès trustees concerning any such matters. The procedures undertaken do not provide all the evider]ce that would be required in an audit, and consoqucntly no opinion is givcn as to whethcr the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent examiner's statement I have completed myexamiriation. I confirm that no material matters have come to my attention in connection with the oxJmii)atiori which give me cause to believe thcil, iri d ny malerial respecl the accoLJrnting records were not kept in accordance with section 130 ofthe Charities Act, or (he accou rits did i)ot accord with the accounting records", or the accounts did not comply wiiFI Ihe applicable requirements conccrning 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 wFiich is nor a maitc'r considered as part ofan indcpcndent cxaminatiorn. I have rio cor)cerns and havc como across no other maiter5 in connection with the examinarion 10 which attention should be drawn in this roport in ordor 10 enable a proper understanding of Ihe accounts to be reached David Cooke MA (Oxonl FCA fciE David Cooke and Co. Chartered Accountants 5 Briar Close, Banbury, Oxon. OX169DS Page 7