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2023-12-31-accounts

Trustees Annual Report for 2023

Chudleigh Baptist Church became a CIO on 21st June 2021. This report covers from 1st January 2023 to 31st December 2023

Aim and purpose

The principal purpose of the Church is the advancement of the Christian faith according to the principles of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.

Objectives and activities

The trustees are committed to enabling as many people as possible to worship at our church and to become part of our community at Chudleigh Baptist Church. The trustees maintains an overview of worship throughout the church and makes suggestions on how our services can involve the many groups that live within our community. Our services and worship put faith into practice through prayer and scripture, music and sacrament.

When planning our activities for the year, the minister and the trustees have considered the Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our community through:

Worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus.

Provision of pastoral care for people living in the community. Missionary and outreach work.

Achievements and performance

Chudleigh Baptist Church doesn’t have a physical church building but hires the community hall at the primary school to offer worship services every Sunday morning and other one off events. We also rent a business space in the centre of Chudleigh call “The Square”which we use for community outreach and host meetings.

Community Hall

The church’s activities were:

The Square

The church’s activities were:

All events/meetings (other than governance meetings) are open to the public and to ensure no one is prevented from attending the church does not charge for any non fund raising event.

Church Membership

Chudleigh Baptist Church membership throughout the year was 44.

Church Attendance

Up to 100 adults and children attended the church’s services and activities regularly.

Pastoral Support

The minister Eleanor Moffatt and the trustees together with other members of the church endeavoured to provide pastoral support thought out the year.

Volunteers

The majority of the activities of the church are undertaken by volunteers. No record is kept of the time given on a voluntary basis but without this contribution to the church it would not function.

Administrative information

Charity registration number: 1194879
Website: www.chudlighbaptistchurch.co.uk
Registered ofce: 21 Chestnut Cresent
Chudleigh
Devon
TQ13 0PT
Minister: Eleanor Mofatt (chair)
Trustees: Emma Funnell
Jonathan Pimperton
Gareth Sowden
Secretary: Gareth Sowden
Treasurer: Jonathan Pimperton
Independent Examiner: Emily Farrell
59 Palace Meadow
Chudleigh
Devon
TQ13 0PH
Bankers: Co-operative Bank - Business
Business Customer Service
PO Box 250
Skelmersdale
WN8 6WT

Financial review

The church received income through giving, donations, and gift aid during 2023 of £62,220 (2022: £58,957). The CIO earns rental income through an owned property of £13,058 in the year (2022: £11,700). Other income comprises of restricted donations (2023: £5,391, 2022: £3,730) and the secondment of our minister to Bristol Baptist College (2023: £9,249, 2022: £7,702). Total income for 2023 was therefore £89,918 (2022: £82,089).

Within this financial period, £43,849 was spent on ministry costs and salaries (2022: £38,686). £8,513 was spent on outward giving and missionary work (2022: £6,181). Total expenditure during the year was £89,549 (2022: £76,972).

The net result for the year was an excess of receipts over payments of £3,356 on unrestricted funds (2022: £10,927), and £2,000 was moved from unrestricted funds into a designated fund for property refurbishments, leaving the church with £42,812 of unrestricted funds at the end of the year (2022: £41,456). Restricted funds at the year-end were £36,811 which are detailed in the accounts (2022: £37,798). Total cash available was therefore £79,623 at the end of the year (2021: £79,254).

Reserves policy

It is policy to maintain a balance on unrestricted funds (if possible), which equates to at least three months of unrestricted payments, equivalent to £20,000, to cover emergency situations that may arise from time to time. The balance of £42,812 held on unrestricted funds, after designations, at the year-end exceeded this target.

Chudleigh Baptist Church CIO Church CIO Church CIO Church CIO CC16a
Receipts andpayments accounts
For the period
from
44927 To 45291
Section A Receipts and payments
Unrestricted
funds
Restricted funds Endowment
funds
Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Income via Giving 51,038 - - 51,038 48,089
Gift aid rebate 11,182 - - 11,182 10,868
Rental Propertyincome 13,058 - - 13,058 11,700
E Moffat Secondment Income 9,249 - - 9,249 7,702
The Square - 0 2,507 - 2,507 2,038
Mini Ones - 0 2,614 - 2,614 1,572
Youth Camps - 0 270 - 270 120
TRANSFER OF ASSETS FROM
UNREGISTERED CHARITY 31.10.21
- 0 - - - -
Sub total(Gross income for AR) 84,527 5,391 - 89,918 82,089
A2 Asset and investment sales,
(see table).
- 0 - 0 - 0 - - 0
Sub total
- 0
- 0 - 0 - - 0
**Total receipts **
84,527
5,391 - 0 89,918 82,089
A3 Payments
Ministry costs (salary plus expenses) 43,849 - - 43,849 38,686
Manse expenses (rent, water & Council Tax) 3,392 - - 3,392 3,212
Visiting preachers expenses 50 - - 50 50
Chestnut Cres expenses 5,248 - - 5,248 103
Insurance 999 - - 999 958
School hire 3,359 - - 3,359 2,206
Children and Youth Work 712 - - 712 4,853
Other/misc (inc Square not restricted) 15,049 - - 15,049 11,183
Giving to Church Missionaries/causes 8,513 - - 8,513 6,181
Rental Property - 0 2,000 - 2,000 -
Youth Camps - 0 270 - 270 180
The Square - 0 5,642 - 5,642 8,550
Miniones - 0 466 - 466 810
**Sub total **
81,171
8,378 - 89,549 76,972
A4 Asset and investment
purchases, (see table)
- 0 - 0 - 0 -
**Sub total **
- 0
- 0 - 0 - - 0
**Totalpayments **
81,171
8,378 - 0 89,549 76,972
**Net of receipts/(payments) **
3,356
-
2,987
- 369 5,117
A5 Transfers between funds -
2,000
2,000 - - -
A6 Cash funds lastyear end 41,456 37,798 - 79,254 74,137
**Cash funds thisyear end **
42,812
36,811 - 79,623 79,254

CCXX R accounts (SS)

,HIIDI FIC?H AF, CHURCH E￿1•￿1￿•.￿?} to the fNstees of thudleigh Baptist Churth CIO On the a¢xounts for the year ended 31 December 2023 The ChuTch'5 Tnjsteeg a￿ reswJn5ible for preparnvon of the accounts. The churths trustees (￿{der that an audfc i% not ￿tsired for thls year under sthn IH of the Charities Att 2011 {ihe charit￿5 Act) and that an irKletndent exaMinatiC￿ Is needed. It is my responsibilty to: e￿rnine the actounts under sectDn 145 of the Charftks ACL to follow the pr(KEdures laid down In the general DIrect￿)nS gNen ty the tharty Commiss (under secbon 14515)Ibl of the tharibes A¢ and to state whether partKular rnatters have come to my attentk?n. Basls of Irendert examinerfs statement My examinaty.on was carried out In accordarKe with genernl DI￿￿0n5 given by the ￿arty Commission. An examinatK)n indudes a review of the ￿un￿ng records kept by the church and a mparison of the attounts presented wth tFwJse r￿d5. It also indudes consideration of any unusual items OF dlsdosures in the ￿COUnts and seeknng expknations from the twstees ￿n￿rnIng any such matte￿. The pro￿ureS undatsken do not provide all the evKkrKe that woukl be ￿Uired in an audlt, aThJ o)nsequenty rK opinion Is given as to whether the Kcounts pre￿t a lrnje arKI frdi and the report is limited to those matters set out In the statemert telow. Independert examinerf5 siatement In connection wth my ￿MInatiOn, no material matteJs have ccffie to my aknbon whith give5 cause to belE¥e that in, any rnaterK41 rwtt: accounting record5 were not kept in accordan￿ wtih wtion 130 of the ClkiritEs Act or the accounts do rM)t ￿ with accountÉThJ records the accounts do Th)t ccKnply with the appI(Cab￿ ￿Uirements 0)n￿rnIng the fomi and content of Kcounts set oui in tharitses {Accounts Rep)rtsl Reguktions 2(M)8 other than any requirernent that the accounts gNe a Irue and fair vtert whlch Is not a matter considw&l as part of an indeFEndent examination. I have ccrfne across no other matters in COnr￿￿On with examination to whKh aiteniijn should te drawn in order to enabk a prw uThJerstaThJing of the accounts to te feachej. gned by or on behaw of the Examiner................. .. 01124