Union Chapel Fallowfield (Baptist) Charity registration number: 1200903 Trustees’ Annual Report for the period From 1 April 2023 to 31 March 2024
Charity’s principal address
2b Wellington Road Fallowfield Manchester M14 6EQ
Names of the charity trustees who manage the charity
Trustee name
Mrs Margaret Edmonds Mr Andrew John Howes Mrs Nicola Samantha Hamilton Ms Lorna Richardson Ms Brenda Jane Marston Dr David Nicholas Garner
Structure, Governance and Management
| Description of charity’s trusts: |
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| Type of governing document | Constitution |
| How is the charity constituted? |
CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Election of trustees according to rules set out in the constitution. All charity trustees are Church members elected by the membership. |
| Former Charity | In 2022 the trustees of Union Chapel Fallowfield (Baptist), an established congregation operating as a charitable unincorporated association under a constitution last revised on 4 December 2011, resolved to transfer the affairs to a Charitable Incorporated Organisation (‘CIO’). A CIO named ‘Union Chapel Fallowfield (Baptist)’ was formed and registered with the Charity Commission on 24 July 2022, Registration Number 200903. The affairs of the former unincorporated association were transferred to the CIO on 3 November 2023. The CIO and the former unincorporated association had identical membership and trustees. |
Objectives and Activities
| Summary of the purposes of the charity as set out in its governing document |
The principal purposes of the Church are: 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. |
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| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
The Church provides the following activities/services: Worship services four times a month either in person or on Zoom Junior Church classes during Sunday worship Midweek meetings at certain seasons of the church year Book group via Zoom Church away weekends Provides its buildings for the use of local community groups, including a playgroup, 12-step groups, a foodbank and as a polling station. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
The trustees have had regard to the Charity Commission guidance on public benefit in managing the activities. |
Achievements and Performance
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Held weekly Sunday worship services at the chapel and also on Zoom. Provided Junior church classes during Sunday worship including trips to local museums Had regular midweek meetings, including book group via Zoom. The work of the church benefits the health and wellbeing of church members and also people who attend the activities on the premises. We let space in our buildings at low cost to six own-language speaking churches, three 12-step groups, seven music groups, three dance groups, five painting/craft groups, six exercise groups. The buildings were also used by a dementia support group, playgroup, Foodbank and as a polling station. We regularly made donations to other charities which share the objectives of the Church but have a wider reach, for example Baptist Mission Society and Northern Baptist College. |
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Financial Review
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Review of the charity’s The total net assets as of 31/03/2024 for the year
financial position at the end 01/04/23 to 31/03/24 were £558,668.29 with a net
of the period income of £45,587.26. Expenditure was largely in line
with previous years.
Statement explaining the We are aware that we currently have high capital reserves.
policy for holding reserves At present we believe
stating why they are held these are justified because of the uncertainty about the
future of our buildings and the possibility that substantial
capital expenditure may be required (probably in partnership
with others) for the redevelopment of our existing buildings
and/or new building on the Linton House site. We
acknowledge that this should not continue indefinitely and is
to be reviewed in 12 months’ time when we trust our options
will have become clearer.
Amount of reserves held £518,594.20
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Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
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Signature(s)
David Nicholas Garner
Full name(s) Nicola Samantha Hamilton
Position (eg Secretary, Trustee Trustee
Chair, etc)
Date
11/01/2025
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Union Chapel Fallowfield (Baptist) Charity Number 200903 Annual accounts for the year ended 31 March 2024 Statement of financial activities
| Recommended categories by activity Notes Incoming resources (Note 3) Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Other Total 1 Resources expended (Note 6) Expenditure on: Charitable activities Total 2 Reconciliation of funds: Funds received from previous charity Total funds brought forward Total funds carried forward Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Other recognised gains/(losses): Net movement in funds |
Unrestricted funds Restricted funds Total funds Prior year funds £ £ £ £ 34,336 - 34,336 19,186 4,042 - 4,042 3,500 46,745 - 46,745 38,954 13,771 - 13,771 5,341 3,924 - 3,924 - 102,818 - 102,818 66,981 57,231 - 57,231 49,342 57,231 - 57,231 49,342 45,587 - 45,587 17,639 45,587 - 45,587 17,639 45,587 - 45,587 17,639 805,036 18,830 823,866 806,227 850,623 18,830 869,453 823,866 CIO and former Charity combined (Merger basis) |
Unrestricted funds Restricted funds Total funds Prior year funds £ £ £ £ 7,810 - 7,810 - - - - 19,889 - 19,889 - 3,309 - 3,309 - - - - 31,008 - 31,008 - 18,661 - 18,661 - 18,661 - 18,661 - 12,347 - 12,347 - 12,347 - 12,347 - 12,347 - 12,347 - - - - - 838,276 18,830 857,106 850,623 18,830 869,453 - CIO only |
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Union Chapel Fallowfield (Baptist) Charity Number 200903 Annual accounts for the year ended 31 March 2024 Balance Sheet
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CIO and former Charity combined (Merger basis) CIO only
Unrestricted Restricted Total Total last Unrestricted Restricted Total this Total last
Note funds funds this year year funds funds year year
£ £ £ £ £ £ £ £
F01 F02 F04 F05 F01 F02 F04 F05
3 769 - 769 769 769 - 769 -
4 310,000 - 310,000 310,000 310,000 - 310,000 -
310,769 - 310,769 310,769 310,769 - 310,769 -
750 - 750 1,882 750 - 750 -
518,594 - 518,594 435,282 518,594 - 518,594 -
39,340 - 39,340 77,393 39,340 - 39,340 -
558,684 - 558,684 514,557 558,684 - 558,684 -
- - - 1,460 - - - -
558,684 - 558,684 513,097 558,684 - 558,684 -
558,684 - 558,684 513,097 558,684 - 558,684 -
18,830 18,830 18,830 18,830 18,830 -
850,623 850,623 805,036 850,623 850,623 -
- -
850,623 18,830 869,453 823,866 850,623 18,830 869,453 -
Signature
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Fixed assets Tangible assets Investments Total fixed assets Current assets Prepayments - Future Church weekend deposits Investments Cash at bank and in hand Total current assets Creditors: amounts falling due within one year Future Church weekend receipts Net current assets/(liabilities) Total net assets or liabilities Funds of the Charity Restricted income funds Unrestricted funds Revaluation reserve Total funds
Signed by one or two trustees on behalf of all the trustees
Date
CC17a (Excel)
28/01/2025
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Union Chapel Fallowfield (Baptist) Charity Number 200903 Annual accounts for the year ended 31 March 2024 Accounting Policies
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity's financial statements.
Basis of preparation
The financial statements have been prepared on the going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102", applying Section 1A of that Standard.
Merger Accounting
As noted in the trustees report the affairs of the former unincorporated association were transferred to a CIO on 3 November 2023. The CIO and the former unincorporated association had identical membership and trustees. The trustees have decided that, in order to show the affairs of the congregation in a true and fair manner the primary accounts of the congregation should be shown on a merger basis, combining the transactions of the CIO and the former unincorporated association. The individual accounts of the CIO are also shown separately for completeness.
Fund accounting
The following are the categories of funds maintained:
Restricted funds
Restricted funds represent income received which can only be used for particular purposes, as specified by the donors. Such purposes are within the overall objectives of the charity.
Unrestricted funds
Unrestricted funds consist of General and Designated funds.
General funds represent amounts which are expendable at the discretion of the board, in furtherance of the objectives of the charity.
Income
Income is recognised by inclusion in the Statement of Financial Activities only when the charity is legally entitled to the income, performance conditions attached to the item(s) of income have been met, the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the charity.
Expenditure
The costs of each activity are separately accumulated and disclosed and analysed according to their major components. Expenditure is recognised when a legal or constructive obligation exists as a result of a past event, a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or at valuation. There is no charge to depreciation as the realizable value of the assets exceed the book value.
Investment properties
Investment property is included at fair value based on the recent disposal values of similar local properties.
Debtors
Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal.
Taxation and deferred taxation
No current or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverable valued added tax is expensed as incurred.
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Union Chapel Fallowfield (Baptist) Charity Number 200903 Annual accounts for the year ended 31 March 2024
Notes to the accounts
Note 1 Analysis of income
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Unrestricted Restricted Total Prior
funds funds funds year
Analysis £ £
Donations Donations and gifts 19,630 - 19,630 19,185
and legacies: Gift Aid 14,706 - 14,706 -
Total 34,336 - 34,336 19,185
Charitable Church weekend 3,672 - 3,672 3,500
activities: Other 370 - 370 -
Total 4,042 - [ 4,042 3,500 ]
Other trading Church and Hall rental
activities: 39,331 - - 31,670
Manse Rent 7,414 - - 7,284
Total 46,745 - [ - 38,954 ]
Income from Interest income 13,771 - 13,771 5,341
investments: Total 13,771 - [ 13,771 5,341 ]
Other: Insurance claim 3,924 - 3,924 -
Total 3,924 - [ 3,924 ] -
TOTAL INCOME 102,818 - 56,073 66,980
Note 2 Analysis of expenditure
Unrestricted Restricted Total Prior
Analysis funds funds funds year
£ £
Expenditure Services costs 284 - 284 95
Weekend 3,837 3,837 3,970
Donations 6,000 6,000 4,250
Repairs 18,594 18,594 14,981
Heat, light and power 12,330 12,330 13,314
Property 6,933 6,933 9,612
Administration 866 866 1,342
Insurance 6,577 - 6,577 490
Legal fees 1,715 - 1,715 1,216
Interest 95 - 95 72
Total expenditure on charitable activities 57,231 - [ 57,231 49,342 ]
TOTAL EXPENDITURE 57,231 - 57,231 49,342
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Union Chapel Fallowfield (Baptist) Charity Number 200903 Annual accounts for the year ended 31 March 2024 Notes to the accounts
Note 3 Tangible fixed assets
Cost or valuation
At the beginning of the year At end of the year
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Freehold land Total
& buildings
£ £
769 769
769 769
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Note 4 Investment assets
Fixed assets investments
The former Manse has not been used as such for many years and has been let commercially through a residential property agent.
| Analysis of investments Carrying (fair) value at end of year Carrying (fair) value at beginning of period Investment properties Total |
Investment properties Total 310,000 310,000 310,000 310,000 Fair value at year end Cost less impairme nt £ £ 310,000 90,000 310,000 90,000 |
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Union Chapel Fallowfield (Baptist) Charity Number 200903 Annual accounts for the year ended 31 March 2024 Notes to the accounts
Note 5 Charity funds
Details of material funds held and movements during the current reporting period
| Education Fund Restricted Funds taken over from O&A to be used for Adult Education General Fund Unrestricted Held for meeting the objectives of the charity Other funds N/a N/a Fund names Type Purpose and Restrictions Total Funds |
Fund balances brought forward Income Expenditure Fund balances carried forward £ £ £ £ 18,830.00 - - 18,830.00 805,036.00 102,818.00 (57,231.00) 850,623.00 - - - - |
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| 823,866.00 102,818.00 (57,231.00) 869,453.00 |
Details of material funds held and movements during the previous reporting period
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Fund names Type Purpose and Restrictions Fund Income Fund
balances Expenditure balances
brought carried
forward forward
£ £ £ £
Education Fund Restricted Funds taken over from O&A to 18,830.00 - - 18,830.00
be used for Adult Education
General Fund Unrestricted Held for meeting the objectives 787,397.00 66,981.00 (49,342.00) 805,036.00
of the charity
Other funds N/a N/a - - - -
Total Funds 806,227.00 66,981.00 (49,342.00) 823,866.00
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Note 6 Transactions with trustees and related parties
Trustee remuneration and benefits
None of the trustees have been paid any remuneration or received any other benefits from an employment with the charity or
Trustees' expenses
No trustee expenses have been incurred.
Transaction(s) with related parties
There have been no related party transactions in the reporting period
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Independent Examiner’s Report
Independent Examiners Report to the members of Union Chapel Fallowfield (Baptist)
I report on the accounts of the Charity for the year ended 31 March 2024 which are set out on pages 1 to 6.
Respective Responsibilities of the Trustees and the Independent Examiner
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
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It is my responsibility to:
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examine the accounts under section 145 of the Charities Act;
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to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145 (5) (b) of the Charities Act); and
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to state whether particular matters have come to my attention.
Basis of Independent Examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent Examiner’s statement
In connection with my examination no matter has come to my attention, apart from the matter mentioned above:
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(1) which gives me reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act have not been met: or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Chris Smail FCA DChA
- 2 Bamford Grove, Didsbury, M20 2FF 28 January 2025