West Shore Baptist Church
Report and Accounts Year ended 31 March 2024
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
WEST SHORE BAPTIST CHURCH
LEGAL AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2024
ADDRESS FOR CORRESPONDENCE Mowbray Road Llandudno LL30 2DJ GOVERNING DOCUMENT CIO Constitution dated April 2021 CHARITY REGISTRATION NUMBER 1194161 TRUSTEES RESPONSIBLE FOR David Phillips (resigned 09 June 2024) MANAGING THE CHARITY Roy Bolland Robert Bullen Carol Wild (appointed 09 June 2024) CUSTODIAN TRUSTEES Church Growth Trust BANKERS National Westminster Bank Plc. ACCOUNTANTS Stewardship 1 Lamb's Passage LONDON EC1Y 8AB INDEX Page 1 Legal and Administrative Details Pages 2-3 Trustees' Report Page 4 Accountant's Report Page 5 Receipts and Payments Account Page 6 Statement of Assets & Liabilities Page 7 Notes to the Accounts
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WEST SHORE BAPTIST CHURCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 March 2024.
Objects of the charity
The charity, which is a church, is governed by a constitution and is constituted as a charitable incorporated organisation. The charity's principal objects, as set out in its governing document, are the advancement of the Christian faith in Llandudno and such other parts of the United Kingdom and the world as the charity trustees may from time to time decide.
Review of the charity's main activities and achievements
To further the above objects and vision, the charity's main activities and achievements were as follows:
West Shore Baptist Church meets every Sunday and holds a Prayer and Bible Study meeting after that service. Attendance for the morning service started to drop towards the end of 2023 and the leadership decided to trial an afternoon service instead of the morning from January 2024 for six months. This followed feedback from the fellowship that the later start would accommodate health issues in the elderly congregation, and family arrangements. The trial ends on 30 June and the decision will then be made whether or not to return to a morning time.
The Church runs its own website and the sermons preached are uploaded so they are available to all. The monitoring of the website shows that West Shore Baptist Church comes top of Google searches for Llandudno and that sermons are downloaded on a regular basis. This resource is particularly useful to those of the church fellowship who are unable to attend in person due to ill-health. Use of the website also brought many holiday makers to the services.
The Pastor visits the house-bound to share communion and prayer.
The church welcomed visiting speakers from some of the missionary organisations it supports such as Youth for Christ Llandudno, SGA and Open Doors.
The church continues to work to link with other churches in the area for services and community activities so that its resources can be fully enjoyed by the community as well as to proclaim the gospel. In September the church once again supported the Macmillan Coffee Morning as a means of reaching out to the community.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Financial review
During the year income decreased by £1,900, to £16,400, and expenditure increased by £29,300, to £55,300. As a result the cash held by the charity decreased by £38,900, to £13,300, of which all is unrestricted and can be used for any charitable purpose.
Significant expenditure of circa 35K was needed this financial year to cover urgent structural repairs to the church building. This was undertaken in conjunction with a structural engineer. This work is satisfactorily and no further expenditure is anticipated in regard to this area of work.
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Reserves policy
The trustees have determined that the charity should aim to hold unrestricted cash of no less than 3 months of unrestricted expenditure (approximately £7,000), so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £13,300 and the charity is complying with its reserves policy.
Governance
Responsibility for setting policy and for making operating decisions rest with the trustees who meet regularly to monitor the activities of the charity. New trustees are recruited by the existing trustees and appointed by a majority vote.
Responsibilities of trustees
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
Approval
This report was approved by the trustees and signed on their behalf by:
Robert Bullen
Robert Bullen (Jul 9, 2024 12:57 GMT+1) ________
Robert Bullen
Date: Jul 9, 2024
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ACCOUNTANT’S REPORT ON THE FINANCIAL STATEMENTS OF AN UNAUDITED CHARITY
Accountant’s Report to the Trustees on the Preparation of the Unaudited Statutory Accounts of West Shore Baptist Church for the year ended 31 March 2024.
In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the accounts of West Shore Baptist Church for the year ended 31 March 2024 as set out on pages 5 to 7 from the accounting records and from information and explanations you have given us.
This report is made solely to the Trustees of the charity, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of the charity and state those matters that we have agreed to state to the Trustees of the charity. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its Trustees as a body for our work or for this report.
It is your duty to ensure that the charity has kept adequate records and to prepare statutory accounts that meet the requirements of the Charities Act 2011 for the charity. You consider that the charity is exempt from the statutory audit requirement for the year and is eligible to prepare ‘Receipts and Payments’ accounts.
We have not been instructed to carry out an audit or review of the accounts of the charity. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Stewardship (Jul 9, 2024 13:13 GMT+1)Stewardship
Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: Jul 9, 2024
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WEST SHORE BAPTIST CHURCH
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
| Unrestricted | Funds | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | Total | Total | ||||||||
| Funds | Funds | Funds | 2023 | 2022 | ||||||||
| Notes | £ | £ | £ | £ | £ | |||||||
| Income receipts | ||||||||||||
| Donations | 15,959 | - | - | 15,959 | 17,360 | |||||||
| Gift aid receipts | - | - | - | - | - | |||||||
| Other grants | - | - | - | - | 500 | |||||||
| Interest | 290 | - | - | 290 | 227 | |||||||
| Other | 115 | - | - | 115 | 220 | |||||||
| Total receipts | 16,364 | - | - | 16,364 | 18,307 | |||||||
| Payments | ||||||||||||
| Payments in relation to activities undertaken directly |
charitable | 2 | 53,859 | - | - | 53,859 | 23,029 | |||||
| Grants paid in relation to activities undertaken by others |
charitable | 3 | 1,420 | - | - | 1,420 | 2,922 | |||||
| Total payments | 55,279 | - | - | 55,279 | 25,950 | |||||||
| Net of receipts / transfers |
(payments) | before | (38,915) | - | - | (38,915) | (7,644) | |||||
| Transfers between funds | - | - | - | - | - | |||||||
| Net movement in funds | (38,915) | - | - | (38,915) | (7,644) | |||||||
| Cash funds as at | last | year | end | 52,239 | - | - | 52,239 | 59,883 | ||||
| Cash funds at this year end | A | 13,323 | - | - | 13,323 | 52,239 |
The notes on page 7 form part of these accounts.
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WEST SHORE BAPTIST CHURCH
STATEMENT OF ASSETS AND LIABILITIES
AS AT THE YEAR ENDED 31 MARCH 2024
| A Cash funds Cash at bank with immediate access Notice deposits B Other monetary assets C Liabilities Falling due within one year: PAYE/NI and pension due Fee for Independent Examination D Assets retained for charity's own use Insured value of contents and equipment |
General Designated funds funds £ £ 1,107 - 12,216 - 13,323 - - - 78 - 324 - 402 - Unrestricted Funds |
Restricted funds £ - - - - - - - Fund to which asset belongs General |
Total 2023 £ 1,107 12,216 13,323 - 78 324 402 Value 2023 £ 25,000 25,000 |
Total 2022 £ |
|---|---|---|---|---|
| 841 51,398 |
||||
| 52,239 | ||||
| - | ||||
| 118 300 |
||||
| 418 | ||||
| Value 2022 £ |
||||
| 25,000 | ||||
| 25,000 |
The trustees have used insurance values as the trustees are unable to reliably estimate current values; insurance values may differ materially from current values.
E Guarantees and secured debts
The charity has not given any guarantees and has not provided its assets as security for any liabilities.
The accounts were approved by the trustees and signed on their behalf
----- Start of picture text -----
Robert Bullen
Jul 9, 2024
by Robert Bullen (Jul 9, 2024 12:57 GMT+1) _____ date ____
Robert Bullen
----- End of picture text -----
The notes on page 7 form part of these accounts.
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WEST SHORE BAPTIST CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
1 Accounting policies
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
| 2 Payments in relation to charitable activities undertaken directly Employment costs Repairs and maintenance Insurance Legal and professional fees Rent Utilities Governance Administration and support Other costs 3 Grants and gifts paid to others Organisations: Open Doors Organisations < £1,000 |
Unrestricte | Designated funds £ - - - - - - - - - - - - - d Funds |
Restricted Funds £ - - - - - - - - - - - - - |
Total 2023 £ 15,618 33,895 1,130 150 350 1,624 300 99 694 53,859 230 1,190 1,420 |
Total 2022 £ |
|
|---|---|---|---|---|---|---|
| General funds £ 15,618 33,895 1,130 150 350 1,624 300 99 694 53,859 230 1,190 1,420 |
||||||
| 14,438 4,988 1,052 549 300 748 - 320 633 |
||||||
| 23,029 | ||||||
| 1,730 1,192 |
||||||
| 2,922 |
4 Transactions with related parties
David Phillips served as a church leader and was paid £14,780 [2023: £13,720] for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.
No other payments were made to trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.
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