Ellm 8a hurch Report of the Trustees Forlhe Yeor Ended 37 December 2023 The Truslee5 present their report with Ihe financial slatements of the charity for the year ended 3111 December 2023 CHARITABLE INCORPORATED STATUS Elim Baptist Church established a choritable Incorporated organisalion on the 19th of Juw 2021 Rtglsleied Charlty Number 1195215 Prlnclpal Addr5 Newbridge Road Pontllanfraith NP12 2LB Truslee$ Susan Phillips Iminislerl Olga Williams Adele Pask Slever) Paul PhilliFX Nadia Champion STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng Doeumenl The Charify is controlled by Its goveming document. Board ol Trustees Tre charity is organed. and policy implemented Ihrough Ihe board of Iruslees who normally meet monthw. Hecllon lo th¢ Board qnd Trustee Iralnlng Trustees are elected by the Church members. Trustees oltended the 'TnJslee Duties in a Faith Charity Context, webinar in June 23. and Iroining will continue be provided to each trustee in relation to their role within the charity. Rlsk asse$sm•nl The charity has designed o series of policies in order to ensure Ihat oll risk5 are addressed, and operations managed in an efficient manner. These are regulaty rèviewed irn light ol the changing statutory environment. OBJECTSVES AND ACTIVITIES Svmmary ol the objecti of Ihe charlty as set out In Its governlng documenl The principal purpose of the church is the advancement of the Christian lailh according lo the principles of the 8aplist denominolion. The church may olso advance education and cory out other chrtable purposes in the United Kingdom and/or olher parts of Ihe world. Svmmary ol Ihe mqln ocllvitles taken for the publlc benefft In ielatlon lo these objects In recording the main activities undertoken lor the public benefit in felalKJn to our stated objectives and activities the aim hos remained, os ofvoys, to consIStent demonslrole the love of Jesus, in both word and action and. therefore. bring people into a closer relationship with God. Central lo the work and witness of the Church h05 been the provision of a regulor ocl of Chistian worship on a Sunday moming. This includes an Explorers club which runs concurrently in the holl. The Wednesday evening Bible Study and Prayer Group meet on a weekly basis. The church olso provided for weddings and funerals for ils members and the local community. In addition a Bereavement SUPF)Ort group was run by Ihe church during October and November.
The church has Continued lo operate a very 5ucces5ful T(dIer group. ond Baby group. and we have been involved in o locol school with school assemblies and class visils to the church. During Januory- March, ond November- Decemberwe opened a Wam Welcome hub on o Wednesday afternoon belween 12 - 3pm. providing a warm space. refreshments. and o light meal to anyone in the community who would like lo attend. The Hall has continued to be used by the Butterflies group- for parenls who hove experienced miscarriage. slillbirth, ordealh of a child, and have gone on lo have subsequent children- and the CHAMP'S group which was formed lor anyone in the local communify who have, or are affecled with. mental heallh i5sves. Both these groups were set up ond are run by people from Ihe local community- The hall is oko used lor a monthPy surgery by local councillor5. The church grounds contain 5 allotments. One of which is laken by a chvrch member. one by a church neighbour and Ihe remaining three by Social Services for fheir Care Leavers and Youth Offenders support. The Church operales procedvres and protoco15 to ensure that all peop working with children and vulnerable adults are appropriately vetted with the DBS 10clOSre of Barring Setvicel ACHIEVEMENTS AND PERFORMANCE Summary of the maln achlev•menls ol the charfty durlng the p¢ilod We must record our gratitude to everyone at Elim Baplist Church for the work that Ihey have continued lo faithlvlly undertoke. The Trustees as well as members ond friends of the church have continued lo bring their skills and experience lo enoble us to continue our work ond witn&ss. We have also benefited from supporting studen* placements from Cardiff Boptist College. The chwch meMbehIP now slands at 22. As a church we conlinue to support o variety of Chrislian initiatives Iboth in the UK and overseas), ond with other churches in the area facililale Blackwood Foodbonk. The chLrch is a member of the Gwent Baptisl Associalion. We continue to enjoy good relationships with the other churches in the area and continue to offer pastorol care lo our members and the community of Ponlllonfrailh. FINANCIAL REVIEW Summary ol Flnanclal Po$Hlon The chority recorded an operaling10s5 of £2,255.35 for Ihe year. Tolal operaling income for the year w05 £31, 352.90 Slalemenl ol pollcy on reserve$ The tru51ees are sotisfied they have sufficient reserves. together with ongoing income anticipated. fo enable the church to function effectively in the coming year. Approved by the Board of Trustees on .... and signed on its behalf by= ga Williams- Church Secret( Adele Pask- Minute Secretary
Elim Baptist Church
Pontllanfraith
Report and Balance Sheet
For the year ended 31[st] December 2023
Minister: Rev. Sue Phillips
Deacons Office held
Mrs Olga Williams ~ Secretary Mrs Adele Pask ~ Minute Secretary Mr Paul Phillips ~ Treasurer Ms Nadia Champion ~ Pulpit Secretary
Church Registrar ~ Mr Mike George BMS Birthday Scheme ~ Mrs Margaret George Finance Team ~ Olga Williams, Paul Phillips Rob Watkins, Alan Webber Parents and Toddlers ~ Sue Phillips, Olga Wlliams Babyzone ~ Olga Wlliams Explorers ~ Olga Wlliams, Adele Pask Flower Rota ~ Caroline Wlliams
| General Church Account Opening balance Collections Appeals / BMS Grant from Baptist Union Other Grants and Donations Gift Aid Other Income Trf. from savings account Income |
2023 | 2022 | |
|---|---|---|---|
| 5,391.99 4,132.71 |
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| 17,485.46 16,511.35 519.59 560.30 8,087.84 7,433.68 212.00 211.00 3,054.08 2,966.49 1,993.93 1,290.00 - 8,000.00 |
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| Total Income | 31,352.90 36,972.82 |
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| Minister & HMRC Visiting Preachers Fees & Donations Utilities & Insurance Maintenance Sundries Miscellaneous Trf. to savings account Expenditure |
16,703.00 15,502.11 480.00 200.00 1,679.60 1,609.55 5,924.50 3,835.55 1,790.99 645.00 2,461.89 2,321.33 4,990.00 8,750.00 - 3,000.00 |
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| Total Expenditure | 34,029.98 35,863.54 |
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| Closing Balance 2,714.91 5,391.99 General Church Account gain/loss (2,677.08) 1,109.28 Savings Account gain/loss 264.15 (4,982.10) Overall gain/loss (2,412.93) (3,872.82) |
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| 2,714.91 5,391.99 |
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| Savings Account Opening balance 30,020.32 35,002.42 Closing Balance 30,284.47 30,020.32 Parents & Toddlers Opening balance 817.89 650.86 And Baby Zone Income 1,062.31 1,129.68 contribution to Elim 550.00 500.00 Expenditure 256.30 462.65 Closing Balance 1,073.90 817.89 BMS Birthday scheme Donation to BMS 150.00 120.00 |
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| Income breakdown | 2023 | 2022 | |
|---|---|---|---|
| Online payments 9,445.00 9,885.30 Envelopes 680.00 830.00 Open 6,454.30 5,267.31 1. Cash not banked 906.16 528.74 Collections Total 17,485.46 16,511.35 Communion - BMS 252.59 338.80 World Vision Appeal - 129.00 Christian Aid 267.00 45.00 Harvest Appeal - 47.50 BMS Appeal - - Appeals / BMS 519.59 560.30 Grant from Baptist Union 8,087.84 7,433.68 GBA Grant - - Bequests & Donations 212.00 211.00 Grants and Donations 212.00 211.00 Gift Aid 3,054.08 2,966.49 Toddlers & Babyzone 550.00 500.00 Other 211.93 Tiny Talk 45.00 360.00 Hall hire 257.00 - Funeral Charges - - Wedding Fees - 50.00 Champs 600.00 - Allotments & 2 Elim Way 330.00 380.00 Quiz nights - - Post Office - - Other Income 1,993.93 1,290.00 Transfer from Savings Account - 8,000.00 |
9,445.00 9,885.30 680.00 830.00 6,454.30 5,267.31 906.16 528.74 |
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| 17,485.46 16,511.35 |
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| 252.59 338.80 - 129.00 267.00 45.00 - 47.50 - - |
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| 3,054.08 2,966.49 |
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| 550.00 500.00 211.93 45.00 360.00 257.00 - - - - 50.00 600.00 - 330.00 380.00 - - - - |
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| 1,993.93 1,290.00 |
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| - 8,000.00 |
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| Total Income | 31,352.90 36,972.82 |
Notes:
1. Cash shown as not banked has been used for visiting preachers or general expenses which are included in the expenditure
Page 3 of 5
| Expenditure Breakdown | 2023 | 2022 | |
|---|---|---|---|
| Ministers stipend HMRC, NI Ministers Total Visiting preachers BUW Fees BUGB Fees GBA Fees World Vision Christian Aid Appeal Tearfund DEC Everyones Child Romania Professional Fees 1. BMS Fees & Donations Total Electric Water Insurance Utilities & Insurance Total Cleaning Miscellaneous Blackwood Fire Maintenance Total CCL Licence Explorers Toddlers & Babyzone Cash expenses Wednesday Diner Communion wine Communion glasses Easter cards General Misc. Stamps Sundries Total Bells windows Joshua Tree Services Miscellaneous Total Transfer to Savings Account |
15,455.04 14,330.05 1,247.96 1,172.06 |
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| 16,703.00 15,502.11 |
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| 480.00 200.00 |
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| 444.00 414.00 129.60 107.80 30.00 58.75 - 129.00 306.00 - - 100.00 100.00 - - 100.00 270.00 - 400.00 700.00 |
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| 1,679.60 1,609.55 |
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| 4,287.00 2,400.00 145.29 128.48 1,492.21 1,307.07 |
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| 5,924.50 3,835.55 |
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| - - 1,478.81 645.00 312.18 - |
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| 1,790.99 645.00 |
|||
| 327.30 304.89 22.98 143.43 201.00 - - 180.18 25.89 199.80 17.35 37.78 - - - - 1,867.37 1,455.25 - - |
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| 2,461.89 2,321.33 |
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| 4,990.00 - 8,750.00 |
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| 4,990.00 8,750.00 |
|||
| - 3,000.00 |
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| Total expenditure | 34,029.98 35,863.54 |
Notes:
1. Donation comprises of £200 each to Laura-lee Lovering and Dave & Michele Mahon from communion collections totalling £252.59
Page 4 of 5
Main Actual v Estimates for 2023
| Collections BUW grant Giftaid Other Income Total Income Minister fees (part time) & HMRC Visiting Preachers Membership fees Utilities, Insurance & CCL Maintenance and Misc. Total expenditure gain/loss |
Collections BUW grant Giftaid Other Income Total Income Minister fees (part time) & HMRC Visiting Preachers Membership fees Utilities, Insurance & CCL Maintenance and Misc. Total expenditure gain/loss |
Estimated 16,000.00 7,433.68 3,000.00 1,000.00 |
Actual 17,485.46 8,087.84 3,054.08 1,993.93 |
|---|---|---|---|
| 27,433.68 | 30,621.31 | ||
| 18,000.00 400.00 1,000.00 4,680.00 7,000.00 |
16,703.00 480.00 1,679.60 5,924.50 8,247.16 |
||
| 31,080.00 | 33,034.26 | ||
| (3,646.32) | (2,412.95) |
Main Estimated income and running costs for 2024
| Year | Month | Week | ||
|---|---|---|---|---|
| Collections | 17,000.00 | 1,416.67 | 326.92 | |
| BUW grant | 8,000.00 | 666.67 | 153.85 | |
| Giftaid | 2,700.00 | 225.00 | 51.92 | |
| Other Income | 1,000.00 | 83.33 | 19.23 | |
| Total Income | 28,700.00 | 2,308.33 | 532.69 | |
| Minister fees (part time) & HMRC | 17,500.00 | 1,458.33 | 336.54 | |
| Visiting Preachers | 600.00 | 50.00 | 11.54 | |
| Membership fees | 1,500.00 | 125.00 | 28.85 | |
| Utilities, Insurance & CCL | 4,500.00 | 375.00 | 86.54 | |
| Maintenance and Misc. | 2,500.00 | 208.33 | 48.08 | |
| Total expenditure | 26,600.00 | 2,216.67 | 511.54 | |
| gain/loss | 2,100.00 | 91.67 | 21.15 |
Page 5 of 5
Elim Baptist Church Pontllonfroith Audit of the Reports and Bala nce Sheet for the period I" January 2023- 31" December 2023 We the undersigned have examir*d the finarKial reports for Elim Baptist Church and for the Mothers & Ttsldlers and Baby20ne In our opinion the finacial records and statements presented represent fairly the revenues collected and expenses paid. Lead Auditor Deputy Auditor Name: Sue Morris Hannah Morgan 518natures: Date £/i/ zgk xklress: 9 Ashgr¢ 8lacknvo NP12 IWR 73 Fairview BlaCkwd NP12 3NR
Elim Baptist Church Pontllonfroith Audit of the Reports and Bala nce Sheet for the period I" January 2023- 31" December 2023 We the undersigned have examir*d the finarKial reports for Elim Baptist Church and for the Mothers & Ttsldlers and Baby20ne In our opinion the finacial records and statements presented represent fairly the revenues collected and expenses paid. Lead Auditor Deputy Auditor Name: Sue Morris Hannah Morgan 518natures: Date £/i/ zgk xklress: 9 Ashgr¢ 8lacknvo NP12 IWR 73 Fairview BlaCkwd NP12 3NR