CRICH BAPTIST CHURCH CIO ACCOUNTS
MARCH 23[rd] 2022 – DECEMBER 31[ST] 2022
Income £0-00 Expenditure £0-00 Assets £0-00 Liabilities £0-00
CRICH BAPTIST CHURCH CIO ANNUAL TRUSTEES’ REPORT
MARCH 23[RD] 2022 – DECEMBER 31[ST] 2022
Crich Baptist Church CIO was registered with the Charity Commission on March 23[rd] 2022. It was created to receive the assets, bank accounts and paid employee liability from ‘Crich Baptist Church’, an unregistered and unincorporated charity.
The process to transfer these assets was complex owing to the fact that the various properties were held in trust by the East Midlands Baptist Trust Company. The transfer involved a legal process which took over a year to complete. On taking legal advice, it was decided to await the date of the transfer of properties to the CIO before transferring bank accounts and employee liabilities.
Consequently, during the accounting period of this Annual Report, the CIO itself was inactive, awaiting the transfer of assets, which eventually took place on April 3rd 2023.
There is, therefore, no detailed Annual Report which can be made until the next accounting period.