**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:||
|---|---|
|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.|
|---|---|
|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.|
|---|---|
## **Financial Review**
**----- Start of picture text -----**
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
**----- End of picture text -----**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**----- Start of picture text -----**
Signature(s)
David Nicholas Garner
Full name(s) Nicola Samantha Hamilton
Position (eg Secretary, Trustee Trustee
Chair, etc)
Date
11/01/2025
**----- End of picture text -----**
## **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**|
|---|---|---|
1
## **Union Chapel Fallowfield (Baptist) Charity Number 200903 Annual accounts for the year ended 31 March 2024 Balance Sheet**
**----- Start of picture text -----**
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
**----- End of picture text -----**
**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
2
## **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.
3
## **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**
**----- Start of picture text -----**
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
**----- End of picture text -----**
4
## **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
**----- Start of picture text -----**
Freehold land Total
& buildings
£ £
769 769
769 769
**----- End of picture text -----**
## **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|
|---|---|
5
## **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
- - - -|
|---|---|
||823,866.00 102,818.00 (57,231.00) 869,453.00|
## **Details of material funds held and movements during the previous reporting period**
**----- Start of picture text -----**
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
**----- End of picture text -----**
## **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
6
## **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.
- It is my responsibility to:
- examine the accounts under section 145 of the Charities Act;
- 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
- 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:
- (1) which gives me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 130 of the Charities Act; and
- 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
- (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