## Trustees Annual Report 2022-2023
The charity was formally set up and opened it's bank account in Autumn 2023
It was agreed to follow the financial year of the BUGB, namely to 31st December of each year. The first year's accounts therefore extend to 31/12/2023.
The accounts were independently examined by James Baird and his signed examination sheet is attached Miranda Odyesseos-Beaumont was apponted in Autumn 20222 as our Student Minister from 1st Nov 2022 for the duration of her BUGB ministerial training at Spurgeons College . A SEBA / BUGB Home Mission Grant to help finance her ministry has been successfully applied for and will commence in January 2024.
The Church plant has moved into the Westvale Park Primary Academy for it's public worship services at 10:30am every Sunday morning. The venue is being rented whilst awaiting a decision of the Faith Site or an alternative meeting place (possibly the planned Community Hall).
## Signed: 8teve 4lill
Name: STEVEN W HILL pp. Volunteer Officer on behalf of WCCT Trustees Date: 1st January 2024
## Summary of Church Accounts - as at 22nd March 2023 WESTVALE COMMUNITY CHRISTIAN TRUST (CIO) for WESTVALE COMMUNITY CHURCH
Accounts from start of church plant to 31st December 2023
||||£
ACTUAL to 22nd
Mar.2023|£
Additonal to
31st Dec.23|£
TOTAL to
31st Dec 23|
|---|---|---|---|---|---|
||INCOME|Donatons from other churches / organisatons
Stewardship Donatons from church members
Stewardship Gif Aid recovered on donatons
Cash Gifs & oferings (Anon)
Baptst Union Home Mission Grant
Bank Interest received|£11,000.00
£15,142.87 }
£389.81 }----
£170.00 }
£0.00
£7.46|£560.00
£8,998.75
£1,088.98
£80.00
£0.00
£31.75|11,560.00
24,141.62
1,478.79
250.00
0.00
39.21|
|||Total income received to end of Dec 2023:|£26,710.14|£10,759.48|37,469.62|
||||||0.00|
||EXPENSES|Ministry Stpend (from 1st Nov-22)
Faith Site Fees (highways, architect & pre-planning fees)
School Hall Hire (paid up to Aug-23)
Running costs incl. materials / subscriptons / subsistence
Ministry Expenses
Banking Fees (Dec'22-Mar'23)
SEBA / BUGB Subs / fees
Insurance
Outside Giving|£4,640.00
£2,640.00
£1,020.00
£451.20
£73.78
£20.00
£74.80
£0.00
£0.00
£8,919.78|£11,600.00
£250.00 (Designated Bld
£90.00
£747.65
£1,885.61
£45.00
£37.80
£206.59
£0.00
£14,862.65|16,240.00
g
2,890.00
1,110.00 plus £720 due for Sept-Dec
1,198.85
1,959.39
65.00
112.60
206.59
0.00 plus £2440 due £1220 to BMS and £1220 to SEBA HMF
23,782.43|
|||Total expenses to end of Dec 2023:||||
|||||||
||BALANCE|Funds remainingat end ofperiod|£17,790.36|-£4,103.17|13,687.19|
||||||20,892.43|
|Funds Reconciliaton||
|---|---|
|as at 22/3/23 WCCT CAF BANK account balance
as at 22/3/23 Stewardship Services Account balance ~ awaitng transfer
as at 22/3/23 Cash in Hand|£17,620.36
at at 31/12/23:
13607.19
£0.00
at at 31/12/23:
0
£170.00
at at 31/12/23:
£80.00|
||£17,790.36
13687.19|
|||
Summary of Church Accounts - to 31st December 2023 WESTVALE COMMUNITY CHRISTIAN TRUST (CIO) for WESTVALE COMMUNITY CHURC
## Accounts from start of church plant to 31st December 2023
||INCOME||Donatons from other churches / organisatons (£11k for Bldg Fund)
Stewardship Donatons from church members
Stewardship Gif Aid recovered on donatons
Cash Gifs & oferings (Anon)
Bank Interest received
Baptst Union Home Mission Grant(starts Jan 2024)||
|---|---|---|---|---|
||||Total income received to end of Dec 2023:||
||||||
||EXPENSES||Ministry Stpend (from 1st Nov-22) - incl. oncosts & payroll fees
Faith Site Fees (highways, architect & pre-planning fees) (Restricted Fu
School Hall Hire
Running costs incl. materials / subscriptons / travel
Expenses
Banking Fees (from Dec-22 onwards)
SEBA / BUGB Subs / fees
Insurance
Outside Giving||
||||Total expenses to end of Dec 2023:||
||||||
||BALANCE||||
|Funds Reconciliaton|||||
|Assets
Assets
Debtor
Debtor||WCCT CAF BANK account balance
at at 31/12/23:
Cash in Hand
at at 31/12/23:
Debtors - WPPA (rent Sept-Dec 2023)
at at 31/12/23:
Outside giving|||
||||Building Fund (designated unrestricted)
General Fund(free unrestricted)||
||||||
## CH
TOTAL to 31st Dec 2023
£
11,560 24,142 1,479 250 39 0 37,470 16,240 2,890 1,830 1,199 1,959 65 113 207 2,440 26,942 10,527 13,607 80 (720) DEBTOR (2,440) DEBTOR 10,527 8,110 2,417
Notes includes £10k start up donation from RBC, £1k from Furnistore, and regular monthly giving from HBC from Autumn 2023 Due to start from Jan 2024 for 50% of half -stipend Stipendary costs increase 1st Jan. Payroll fees paid to ASG Sports Ltd. Paid to £1100 to Aug 2023; £720 due for Sep-Dec 23. £5 pcm £2,440 due as 10% of donations rec'vd in prev period. WPPA rent £1627 due to SEBA HMF and BMS & £813 to other local causes (t.b.c.)
Westvale Commuity Christan Trust BALANCE SHEET as at 31st Dec 2023
|Funds brought forward||£0|
|---|---|---|
|Assets|||
|WCCT CAF BANK account balance|at at 31/12/23:|£13,607|
|Cash in Hand|at at 31/12/23:|£80|
|Fixed Assets||£0|
|Debtors - WPPA (rent Sept-Dec 2023)|at at 31/12/23:|-£720|
|Debtors - Outside giving|as at 31/12/23|-£2,440|
|Creditors -|as at 31/12/23|£0|
|Funds carried forward to 1/1/2024||£10,527|
Certificate of Accounts
We have examined the accounts for WESTVALE COMMUNITY C
TRUST {CIO} for WESTVALE COMMUNITY CHURCH for the perio
December 2023 in a professional capacity as an independent e;
In our opinion these accounts are in accordance with the organ
and show a true and fair view of the results for the year, and ol
affairs as at 31 December 2023.
James Baird ICPA MIOD
.HRISTIAN
Idto31
xaminer.
iisation's books
I the state of