Charity registration number 1198946 EBENEZER BAPTIST CHURCH ABERTILLERY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
EBENEZER BAPTIST CHURCH ABERTILLERY CONTENTS Pagg Trustees. report Independent examinerfs report Statement of financial activities Balance sheet Notes to the financial statements 8-12
EBENEZER BAPTIST CHURCH ABERTILLERY TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2023 The trustees present their annual report and financial statements for the year ended 31 March 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with thè charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities." Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. ObJectlv&s and actlvltles The principal purpose of the charty is the advancement of the Christian faith according to the principles of the Baptist denomination lo include the advancement of education, spiritual growth and community service and such other general ch8ritsble purposes In such parts of the United Kingdom and the world as the Church shall determine. In order lo achieve the principal objective, which is set out above, the Church provides a variety of activities both lo ils membership and to the community generally. The aim expressed in our mission stslemenl is'helplng people to flnd and follow Je$u$" and lo show the love of Jesus Christ in both word and deed. Central lo the work and witness of the Church is the provision of regular public services of Christian worship. These services take place each Sunday at 11am. We have a website at ebchurch.co.uk and a Facebook page. Provision is made for children's activities during the morning services. The church seeks lo be a friendly and welcoming community. A series of small groups are provided whose aim il Is to encourage faith and discipleship. We would like lo ellC(rage all members lo become part of a small group in order to glow in the faith. Further details of these can be obtained from thè Trustees or al the Sunday or online services. The Church is responsible for the UCB prayer line, f¢x)d larder, coffee bar, Toddler Group. The Church operates systems lo ensure that all people working with children and vulnerable adults are appropriately vetted with regard to the Disclosure and Barring Service. A number of volunteers have updated their DBS statements in consultation with the Interdenominational Protection Panel. During the year we lost one Member by death, Eryl Ralhbone who had been a long-time member. We received two members who had previously attended Gateway Church, Abergavenny. In April 2022 we baplised two young people. In April 2022 the membership stood al 51. The average attendance is around 2&30 for moming services and 40-50 for online services. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
EBENEZER BAPTIST CHURCH ABERTILLERY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Achlevements and perfom)ance During this period we realised the need for fellowship., we tODk the opportunity to start services with a time of fellowship and refreshments. Vve were able to welcome families from Nigeria, many whom were the students, pursuing studies al the University of Vvales, Treforesl. As a church we were able lo offer practical support through the food larder and provision of warm clothing., we have benefited greatly, as the church has become more diverse. We held harvest services in the church, and we were also able lo welcome Clych Meilhryn Brynithel for a service of harvest thanksgiving. Christmas and Easter services were special as the church was able to take part in a Good Friday walk of witness through the town and to invite people back to the chLJrch for refreshments. We also celebrated the first baptismal service after COVID. We held a number of play days and Messy church family events during the year ,we also look part in Aberfest in the town. During the summer months we held three open air events al Jubilee Square and were especially pleased lo welcome back Drakeford as part of The Allanla Mission, in which the church has taken part over a number of years. We were also able lo celebrate with the ladies of New Hope Atlanta GA. There were meetings for prayer and worship. The part which volunteers play in the life of the church cannot be Ljnderestimated, in worship, and opportunib'es for service in the wider the community. Flnanclal rgvlew The Church iaises the funds which il needs lo carry on its aclivilie5 within ils own membership and congregation and through hiring out rooms, lo businesses This income stream largely ceased due to Covid reslriclions, and so our income was very much reduced. We have been grateful for the gUlar giving of members and our lder fellowship. The food cupboard project received funding from the food povety action fund and the Coronavirus relief fund as well as local businesses and donors. The Church expressed its part in the life of the wider church by making donations lo BMS. During the year the church continued to support our link missionaries Imiittaya and Helen Boondeekhun. The Church is heavily dependent on ils membership working as volunteers in 811 aspects of the church's aclivilies, many of which run with little or no impact on the church's expenditure, bul contribute subslanlially lo the achievement of the church's objectives. The financial results for the year, together with a summary of the accounting policies adopted are set out in the accompanying financial slalemenls. Resgrvos As at 31 March 2023, the church held £57,799 in the bank accounts and the free reserves were £51,929.
EBENEZER BAPTIST CHURCH ABERTILLERY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Structure. govemance and management The church was registered as a CIO on 12 May 2022, Charity No 1198946. This document was revised in 2022 in accordance with advice from Anthony Collins Solicitors. The Charity is governed by a constitution based on the Approved Governing Document for Baptist Churches. Members of the Church are accepted in accordance with the conslilulion which requires them to be or lo have been publicly baplised on the profession of faith in Jesus Christ or following other modes of baptism to renew their public profession of faith in Jesus Christ. The members Meeting normally takes place four times per year has responsibility for the overall policy of the church. In accordance with the Constitution, the members appoint eight Trustees, who together with the by the Trustees. Though the Constitution permits decisions lo be made al Church meetings by appropriate majorities, the Church seeks lo work by consensus wherever possible. Minister, Church Secretary and Treasurer (who are also appointed by the Members), are responsible for the day-lo-day running of the church's work and witnes5, and the financial and legal aspects of the charity. All members are encouraged lo take an appropriate part in the spiritual and practical tasks involved in the furtherance of the charitable objective. Relevant matters may be submilled lo the Church meeting by the Trustees for guidance or may be raised by members in Church meeting for further consideration. Members of the ChLJrch are accepted in accordance with the AGD which requires them to be or to have been publicly baptised on the profession of faith in Jesus Christ or following other modes of baptism to renew their public profession of farth in Jesus Christ. The members General Meeting normally takes place three b.mes per year. In addition, there is an annual meeting. Future meetings may be held by electronic means or by hybrid means. The Church meeting has responsibility for the overall policy of the church. In accordance with the AGD, the members appoint Trustees every 3 years, who together with the Minister, Church Secretary and Treasurer (who are also appointed by the Members). are responsible for the day to day running of the church's work and witness. and the financial and legal aspects of the charity. Members are encouraged to take an appropriate part in the spiritual and practical tasks involved in the furtherance of the charitable objectives of the church. Relevant matters may be submitted lo the Church meeting by the Trustees for guidance, or may be raised by members In the three weeks preceding a Church meeting for Inclusion in that meeting or for further consideration by the Trustees. Though the AGD permits decisions lo be made al Church meetings by appropriate majorities, the Church seeks lo ML)rk by consensus wherever possible.
EBENEZER BAPTIST CHURCH ABERTILLERY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Reference and admlnlstratlve detslls Reglstered Address Ebenezer Baptist Church Park Place Abertillery NP131ED Charity nurnber 1198946 Trustees.. Rev Jason Wilkins (Ministerl Mrs Eryl Dykes (Secretary) MrAdrian Barrett (Treasurerl Mr RichardAngwn Mrs Joanne Beynon Mr Keith Chaplin Julie Powell Mrs Sheila Thomas Merrrfield Property Trustees The Baptist Union Corporation Llylan, College Road Carmarthen SA31 3EQ Bankers Barclays Bank 10 Bethcar Street Ebbw Vale NP23 6HQ Independent Examiner Azels Ty Derw Lime Tree Court Cardiff Gale Business Park Ponlprennau Cardiff CF23 8AB The trustees, report was approved by the Board of Trustees. ¥ g >yl Trustee Eryl [ke$
EBENEZER BAPTIST CHURCH ABERTILLERY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EBENEZER BAPTIST CHURCH ABERTILLERY I report to the trustees on my examination of the financial slalemenls of Ebenezer Baptist Church Abertillery (the charilyl for the year ended 31 March 2023. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial slalements in a¢¢ordan¢e with the requirements of the Charities Act 2011 Ilhe 2011 Act}. I report in respect of my examination of the charity's financial stslements carried out under secbon 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examinerfs statement Your attention is drawn to the fact that the charity has prepared financial slalements in aCcOrdae wth Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities". Statement of Recommended Practice issued on 1 April 2005 which is referred lo in the extant regulations bul has now been withdrawn. l understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act", or the financial slalements do not a¢cord with those re¢ords,' or the financial slalements do not comply wth the applicable requirements ConmIng the form and content of accounts set out In the Charities (Accounts and Reports1 Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concems and have come across no other mallers In connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the finanal slalements lo be reached. Joanne Taylor FCCA DChA Azets Audit servIs Ty Derw, Lime Tree Court Cardiff Gale Business Park Cardiff CF23 8AB United Kingdom 30 September 2024 Dated.. .........................
EBENEZER BAPTIST CHURCH ABERTILLERY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrestrlcted funds 2023 Notes Donations and legacies Charitable activities Investments 73,063 46,737 Totsl income 119,805 Charitable activities 67,876 Net income for the yearl Net movement in funds 51,929 Fund balances al 12 May 2022 Fund balances at 31 March 2023 51,929 The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies.
EBENEZER BAPTIST CHURCH ABERTILLERY BALANCE SHEET AS AT 31 MARCH 2023 2023 Notss Current assets Cash at bank and in hand 57,799 Credltots: amounts falllng due wlthln one year 11 15,8701 Net current assets 51,929 Income funds Unrestricted funds 51,929 51,929 The financial stslemenls were approved by the Trustees on Trustee Eryl Dykes
EBENEZER BAPTIST CHURCH ABERTILLERY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accountlng pollcles Charity infomiation Ebenezer Baptist Church Abertillery is a charitsble incorporated organisation, registered on 12 May 2022. 1.1 Accountlny conventlon The financial statements have been prepared in accordance wlh the charity's goveming document, the Charities Act 2011, FRS 102 °The Financial Reporting Standard applicable in the UK and Republic of Ireland" l°FRS 102,1 and the Charities SORP 'Accounting and Reporting by Charrties.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" leffective 1 January 20191. The charity is a Public Benefit Enlily as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Ststgnent of Cash Flows. The finanaal statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practi which is referred lo in the Regulations but which has since been withdrawn. The financial statements are prepared in sterfing, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The finanaal statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golng concern Al the lime of approving the financial stslemenls, the trustees have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable futurè. Thus the trustees continue to adopt the going concern basis of ac¢ounling in preparing the financial stalemenls. 1.3 Charltable funds Unreslricled funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Reslricled funds are subject to specific conditions by donors as lo how they may be used. The purwses and uses of the restricted funds are set out in the notes to the finanaal statements. Endowment funds are subject to specific conditions by donors that the capital musl be maintained by the charity. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are re¢ognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless perfomiance cond(tions require deferral of the amount. Inme lax recoverable in relation lo donations received under GiftAid or deeds of covenant is recognised at the lime of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is Irealed as contingent asset.
EBENEZER BAPTIST CHURCH ABERTILLERY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 A¢¢ounllng poll¢lg$ Icontlnugdl 1.$ Expanditurg Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo a third paty, It is probable that a transfer of economic benefi15 will be required in selllemenl, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of dir1 costs and shared wsls. including support costs involved in undertaking each activity. Direct costs attributable lo a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned betteen those aclivilEs on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. 1.6 Cash and cash equlvalents Cash and cash equivalents indude cash in hand, deposits held at call with banks, other short-term liquid investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown thin borrowngs in current Iiabililies. BasiTC financial assots Basic financial assets, which include debtors and cash and bank balan$, are initially measured at transaction price including transaction costs and are subsequently carried al amortised cost using the effective interest method unless the arrangement conslilules a financing Iransaclion, where the transaction is measured at the present value ol the ftjlure receipts dI$Unted al a market rale of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless the arrangement conslilules a financing Iransaclion, where the debt instrument is measured al the present value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable thin one year are not amort15ed. Debt instruments are subsequenuy carried al amortised cost, using the effective interest rale method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially al transaction price and subsequenuy measured al amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.7 Employee benefits The cost of any unused holiday enliuement is recognised in the period in which the employee's services are received. Temiination benefits are recognised immediately as an expense when the charity is demonstrably committed lo lerminale the employment of an employee or to provide termination benefits.
EBENEZER BAPTIST CHURCH ABERTILLERY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Crltlcal accountlng estlmates and Judgements In the application of the charity's accounting policies, the Iruslees are required to make judgements, estimates and assumptions about the Carrying amount of assets and liabilities that are not readily apparent from other sources. The eslimales and associated assumptions are based on historical experience and other factors that are ¢onsidered lo be relevant. Actual results may differ from these eslimales. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affects cnly that period, or in the period of the revision and future periods where the revision affects both current and future periods. Donations and legacies Unrestricted funds 2023 Donations and gnls 73,063 Charltsble a1VItIS 2023 Performance related grants Charitable rental income Other income 35,157 3,641 7,939 46,737 Investments Unrestricted funds 2023 Interest receivable 10-
EBENEZER BAPTIST CHURCH ABERTILLERY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Charltable actlvltles 2023 staff costs Insurance 27,723 2,545 4,369 2,054 8,304 450 9,223 8.622 686 Rates Repairs & Maintenance Direct costs Food purchases Miscellaneous Professional fees 63,976 Share of governance costs (see note 71 3,900 67,876 Support costs Support Governance costs Costs 2023 Independent examination fees 3,900 3,900 3,900 3,900 Analysed between Charitable activities 3,900 3,900 Governance costs includes payments lo the independent exarniners of £3,900. Trustees None of the trLJStees lor any persons conneded with them) received any remuneration or benefits from the charity during the year. Employees The average monthly number of employees during the year was.. 2023 Number
EBENEZER BAPTIST CHURCH ABERTILLERY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Employ99$ Icontlnugdl Employmgnt ¢o$ts 2023 INages and salaries 27,723 Key management personnel The key management personnel received benefits (including gross salary, employers national insurance contributions and employers pension conlribulionsl totsling £27,723. There were no employees whose annual rèmuneration was more than £60,000. 10 Taxation The charity is exempt from lax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxalionof Chargeable GainsAcl 1992 to the extent that these are applied to its charitsble objects. 11 Creditors: amounts falling due within one year 2023 Other tsxation and social sewrily Other creditors Accruals and deferred income 1,804 166 3,900 5,870 12 Related party transactlons There were no disclosable related paty transactions during the year. 12-