2024-12-31-accounts

waterbrook Waterbrook Church CIO Trustees Report and Financial Statements for the year ended 31 December 2024 Registered Iiiimber 1200990

Waterbrook CIILirLlI CIO 31 Dcccnibcr 2024 Contents Annual Repon of thl Tn￿1#.$ pab¥es 3-5 IndipLnd¢nt ExwDin¢r5 R¢port pabbe 6 Receipis and Payillthiis for the >'ear ended 31 December ?0?4 pase 7 Staieiiieni ofAssets and Liabilities ai 31 December 20?4 pag¢ 7 Ntotes io ihe Accounis PaLyes 8-9

ralerbrook C hurch CIO .? l DeL¢niber ?0?4 Annual Trustees, report Admini.slratii'c Details of ihc Charih. lalerbrook Church (10 1"Ihe Charit! ) il'as registered ii'iih the Charit!, Comniissionerb under number 1200990 on I l Noi'ember 2022. On I l Dcccmbcr ?0?2 the aciii'ilies. dssels* 41nd liabililiLs ofil)c cliariil, knoii"n ￿ the ￿'￿t￿rbrook Chri51iai) Q'hari141bl¢ Trus1 (Il'c C T) reg7islL'fLd iiun)bL'r XOI 50? ii'erL' Iriinsferred lo Ilie Ch<wiI!'. On 8th D¢CLiiiber ?0?? Iliis transfer lias regyi5l¢red bi. Ihe Charil!. Coiiiinission as cl mifsJLr and Iherefore ￿,([ T lias rL"moi'cd froni IhL. RegTisier of Charities. -l-hc CharitN' has continued io undLrtake ihc charilablc actii.'ilies formerly undenak.en b!, MICCT. Thi prineiplil addrLSS for corrLspoiidciicc and rcgisiered otTi¢e i% 14 Nofihiioods Il'alk. Ilris101. FI%IO 61.S. Truslees ii-ho ￿Th'ed durinbp ihe }'ear ended 31 DLccmber 2024 1%'¢r¢: Siei'e Cole. Pc1111 Ciirrer. Ton). nai'ies (retired ?8 April ?0?41. Joi) Drci¥'. M¢ri¢l Forsliaii.. l)orLei) Lloi'd {rciirL'd 24 O¢toEK'r ?0?41. kdl¢ Robinson (relirud g1)L'¢ei)1￿.r ?0?4) and Angyela Iviiidsor (cl)air). All!. %choolLf il1)d LukL Goodii'a). i%'ere appoinied ()n ? Nla!, ?0?4. The IndLpendLni ￿￿.kaMiner is Funslio Ojo ACA 24 Cabot Rise. Portishead, Brislol BS?0 6NX. Structure Goi'ernance and Nlana emenl 'I'hL Cliaril!, 1% a C l)arilablL Iiicorwrai¢d Or&7anisalion regiistered i%'ith the Charity Commission on I l Noieniber ?0?? The Constitution requires there lo be a minimum or rour trnstccs but no maiimum. A quorum elisls if al.ILasl lii.'o Inislccs. or a Iliird ()l- Ihe Ii)ial niiniber of Iriislees, ii,hichLI'er is gr¢?G ler. 1¢ re prL"SLnl IL I thc IruslcLS mLCtino. Illihoug,h nol specified in ihe Lonslitulion, Ihc Irus1¢¢5 In¢et at least quarterl!, tn rei'ieii. Ihe anairs and dLILrniinc IhL actions ol"th¢ Ll)aril}'. Neil. trustee5 ma), be appointed b). a 7) /0 majorit)'.dccision of Ili¢ ¢Xibling7 IrusieLS. The chiircl)'s aciii'iiies are led b!. the Church Leader 5tipportcd b), a pastoral ieam. -l-Iic Cliurch Leader is also 1( l-riislLe. The TrLi%lee.s hai'e appoiniLd a l-.inaiiLI Coiniiiill¢¢ to oi.ersee ihc financc and administr￿2(10ft 1sp¢vls ol. the Trust ai)d a Xi lis%ioiis Coiiii))itlLi 10 oi'ersee the nii5sion5 %UPP()rt 1% ork ol" tIiL Irusl. Apafl Ironi Kale Robilison i%'ho seri'ed during thv )'Li?r as Ilie Church Administrator. and Lukc Goodwas. ￿?5 ilie Church l_eader. tlie I'ru%lees are not rLiiiuncratcd b). Ilie Cb41ril!'. 'l-hL -1 rustLL.s liai'L had rLLiard to Ili¢ Charil}' Commi%4ioners b711idancL on public ben¢fil.

Walcrbrook Chiirch CIO 31 D¢¢¢nib¢r 2024 Annual Trustees, report (continued) Charih s Pur The Charit￿ s purpose is Ihe adi'anccmcnt of ihc C.hrislian faith in accordance ii'ith its Basis of Faith li) siich pan of the United Kinbidom i)r the i%i)rld as Ihc -friisie¢s Ill41)' Ironi time to liii)L iliink. rii. includiiig Ilirough proi'idii)b¥ &¢ri"iL¢s for prai'¢r and i%'orsliip. pasioral car¢ and oulre4lLh ￿.0[￿. Actii'ilies l-hL Cliaril), fulfils ils purpose through the minisir%' of a loLal ehurch and through making byranls to indii'iduals and organisations ii'ho are ini'oli'ed in aciii'ilies ivhich arc aligined ￿lib ils purpose. Reoular Sundas, morning mectin{)s Merl hL.Id throughoiil lh¢ )'CLlr al Ihc Staplclon lind Bcgbrook CommLinil}' Association i[ S 11-Lll &1S disciplesl)ip. pn)'cr. bible %ludi' 1£ nd i'ouih m¢¢iingt5 14iking place in h()me8. In September 2074 IhL charitv has moi'¢d localioii for Sunda!, Inorniiig ii'orship. lo Liii¢oiiib¢ Bam in Di)ii'iiend. ii'hicli proi'idLS a ii)or¢ siiiiable preiiiises for %ern'iLes. aiid thL groii-ing? nuniber of families iii altendance. Tlie Cliarii), lias a is'LbsilL M'M'W'.w'aterbrooko .uk ii'herL its minislTh' can be scLn in niorL' detail. The main organisalions i1iL Charit). has supported in ?0?4. all of ii'hich SLYk to further the Christian faith. arc.. Dl",M MinislriLS. li.iili thc childrcii's home the), run b&%ed in India, Sll-y {%￿*￿￿￿..Secd- trust.com.), ii-hich is ini'oli'ed in minisicring lo tl)L ￿or aiid dislr¢ssed in On)LILfL NEiL¢?rng?ua ii'iih a S￿¥1￿1 ¢Mph￿l515 in prc)i'iding IiLJltli. cducatioi) and sustainable liielihwds, UNIVIDA (iiTr%Tri'.unii'ida.orb) ii.'hich assists )'oung people in Forta]e￿ Brazil ii'ith addilional educaiion to help them stai. out of gangs and dcgyradiiigy occupation5. In addiiion to iliis there is the reglular support for pasiors nd IiLlp il'iih oiic off projccis for cliiirches in countries i%hLfL Il)c local conbYr¢galions lind it hard to %iipporl thL minislrics such as Kollom. India i¥'here the Cl)aril}' h4?S IL ¥l(i>¢ liiik- lili Il)¢ Spriilg if1. Rc)11)Ji)ia. %% IiL'fi Il)e Cliai'il% lias a (los¢ liiik ii'iili the Filadefia church (iiTriTri'.ccis.ro). as il'ell as Daniel and klnna Cherian ii,ho ministcr in Rajasian. India and oiher ministrics in Pcru. The Tru.%l¢e.s limii ihe numLYr of organisations the Charill" is regLiliirl!' ini'oli'ed iiith lo a m61nagL4lblL numb<r so ihal ihL CI)i?ril!' C<111 ￿- %? nicaningfiil partner ic) Ihe%e Christian projccis (ind minisiries boih in Ihc IIK 14 nd elseii"here. In this li a!. IhL C h14 ril} can k'¢¢p in Lc)niaLi aiid l)ai'¢ an ongioingi jiii'olvcmcni. -l-h¢sc Ininistri¢¥ maintain rLgiular corrispondence ii'ith Ilie Trusiees, and tliis is rci'icii'Ld ai th¢ qiiart¢rl!, ission Committee meelingy i%'jili recommLndations made to Ihe Tru%te¢% lor financial support. In illis il'a!. thL InislcLS iinders11c nd the projec18 ini'oli'cd and the ¥"ork- thai lh¥ Charii!. is supwning. 11.'-hLrL siipport is reqiiesied for one i)n' special projLYl% Irom oiher organi%41ll()ns. ii-ho.%e aclii'ities arl" consistcni ￿"11h th¢ Charii) s purw)sc. Iliis r¢quest is consid¥fL'd b!" the Mi55ions Commiiiee on ihL IiiiLS above and decisions are made after prn)'Lrful consideralioii. 'l)L Cl)aril>' does Iioi fund raise. ils income deriN'es principall), from rcgiular gyifis from chiirch menjbers.

Vaierbrook Chiirch CIO 31 DLXL'nibLr ?0?4 Anniial Trii.slee.s' reporl (eonliniied) Toni & .loi' Dai'ies il'ho l)aiL made a sig7nificai)I contribution io Il'alerbrook Church oi'er manN' )'ears. relired fmm their roles of church leaders at ihe end ol'April 20?4. This marked a season or Iransilion for thL churLh li lili Luke & (iam Goodii'al. ii'clconied inlo Ili¢ rol¢. Tlie Church LLader oi'crsees Ihe n)inislTh' &lspccIs of Ihc cliiircli along7sidc ali 1L clii"L P&lStor¢11 Icam. [￿￿2Ch chiirch Incinber 15 ¢ncouragLd lo ¢Ncrcisc Il)Lir oii"n gFiltingps in %Lri'inbi and caring? lor IhL cl)Iirch and conimuiiitv. If a suitable propert). became ai'ailable. the Charii), ￿'OUld Consider ihe appropriatenLSS of ?cqiiirinL it. This ￿'OUld L'nLiblL thi Lharil}' lo hai.e cl lixLd basc for IhL churcli lo orKrc?tL Ihrc)Ilbh()Lil the ii'eek ancl io d() nii)r¢ conimiinii!._b¢1.¥¢d ii'ork.. .4% SLILh. the Lharit!. ha% eiplc)red the possibilily of laking7 on offic¢ pr¢n)i5¢5 101i41l'L J b115¢ to op¢rnl¢ Irom iii Ihe ii'eek <ind Io use for communit). outreach. Thc Chc1rily has also soiiglil lo cmplo}' an A&sislanl lo i%'ork alongside Ihe Chiirch Le' requi￿S finaii¢ial rcscn'cs lo: be able io oiin preii)ises ai soine fuiur¢ dai¢. -I'liis i%'ould proi'ide ilie charit!. ii'iili its oii'n base for ihe chU￿h io oiKraic fron). Gii"cn current i'alues in ihc propert}. markel. a sibnifiianl dcposil ii'ill bL' rt'qiiired io ailiici'¢ ihis. support missionarics and oiher organi7.alions on onooing And regular bl£.sis. The l-rusiees also iianl lo be able io suppon otlier ii'ortlii%'hile projecEs froii) iinie lo time. Val¢rbrooK has a rcoiilar financial commiimcnl fora Chur¢li Lcadcr and Nlini5tr' Support ii'orker dnd ii¢¢d5 fiiianLiiil r¢%erk¢s lo %iippDn illi%. All ilie aboi'e requires a resen'es pDlii}'. Althouql) iioi IDrn)alli' separated the lei'el of resen-es as at 31 D¥c¢'mbLr ?0?4 of £?48.817 ha5 a propert). fiind ¢l¢ment Icb li of iiri)Iin(l £ I 10.000 iryiid a ciirrL'lit rLSLrn'CS element to it of aroiind £80.000. TI)L Tniite¢s 1.'icii' is iliai 4 Ici'el of resen'es of £80.000 is £lppropriatL'. rL'pfLSeiiiiiib¥ l ? monili 5 fur¢¢ds1 expeiiditure. Angela 11 indsor Chairman on behalf of the Tru%tee5

IITalLrbrovk Church CIO i l Dccember ?0?4 Independent Examiner's Report For the Year Ended 31 December 2024 I re￿Irt to the Trustees on m). examinaiion of the accoiiiils ot. Ih¢ Ivaterbrook. Church CIO ("The Charil} } for the ￿ear ended 31 Decembcr 2024. Responsibilities and ba5ls of rcport As lh¥ C'liarit! 'l-rusie¥'S j'ou ar¥ fL'swn5ibl¢ lor the preparation of ihc accounis ii) accordaiice Iviih the rn'quircmenis of ihe Chariii¢s Act ?01 l ('Ihe Acl.). I rL'port in respecl of my c¥aminalion of ihe Cliarill, s accounis carried out under seclion 145 of Ihe 2011 Aci &)nd in cam'inbl Out m}. examination I h41I'L lolloi¥'¢LI Kill Ihe applicabll dirLclions •ji'¢n b). lh¢ Charili, Commission uiider SLYlion 145())(b} of Ilie Acl. Independent Examiner'5 slalement hai'e compleied m!. examin1lion. I confirni ihal no mal¢riiil matters hai'L colliL to m!. altention iii coniiL'Clioii ii'iih Il)L LNai)iiiiaiion giji'jilg iii¢ caiis¢ lo beli¢i'e 111411 in an}, mai¢rial respLCI'. l. Accounlingy record5 Il'ere noi kepi in rLs￿¢t of ihe CharitN' as required b). section 130 of ihe Acl: or ThL accounis do not accord ii'iih Ihosc records. I liai'e no concerns and hai'e come acros.s no oiher matters in coiinLclion ii'ith Ilie ciaminaiion to .hicli allLiilic)n should bL' dr(Ii%'n in Ihi5 repL)rt in ord¢r to LnL?blL a propcr undcrsl&indii)g of ihe accoiiiils ￿ bL fL47cI)Ld. Fun5ho Ojo A 24 Cabot Rist, Porlishtrad, Bristol B%20 6NX

Taterbrook. Church CIO 31 D¢¢¢iiibL'r ?0?4 Receipts and Pa)'ments for the year ended 31 December 2024 2024 2023 Receipts Donalions 62,493 Gift Aid lax receipts 9,796 6,873 Investment Ineome nlcrest Rcceii'cd 10,R81 Tolal Receipts 0,325 77,957 Pai'ments Gr&1llis and ministr), gtrifts RLnt for niLLliiig place. Churcli siaft" costs 14,200 26,707 5.462 6,677 Relief fund and Small gpjfts. 630 1,609 Equipniciil Liccnsing costs 1,814 ,0.57 Church other cosls 6,894 3,913 Total P#i'men15 45,149 Nlei Receiptsl(l)l< )'menis) 2SJ43 32,808 Fund Balances brought forliard 223,475 Assels IransferrL"d froin 1'-l& ILrbrook Charitable Christian 190,667 Fund Balances carried foni'4lrd 248,818 223,47) Statement of Assets And Liabilitics at.11 December 2024 Current A$$el8: Cash al Bank Total As.$et 248,818 248,818 223,475 22.1,475 20 Il'indsor Chairmiin on behalf of the Trustees 2025

Vaterbiook. Cl)Iirch CIO 31 DeLember 20?4 Notes to the Accounts for the )'ear ended 31 December 2024 l. Accounting policies Basis ofprepuralioii -hL financial statcniLnls hai'c ￿en prcpaTed on a rLceipis and Piqj'menls b1& Si5 under 5eciion 133 of IliL C'l)arilics Acl ?0 I F.qiiipmcnl purcha.sLd costing under £ 1.000 per iiem is ivritlen olT to the receipts and pa!'men15 aLCOLinl. 2. Fund5 All funds arc unrLslriclLd. Mo%.'enienl in luiids in ihL }'car: 2024 2023 Resen'es brought loni'ard 223,475 Transfer from Walcrbrook Christian Charitable Trust 190.667 Income 77,9.$7 Ex[￿nditUre R¢s¢r%'¢s carried foThN'ard 3. Emploi'ees, Remuneralion From l Augusl ?O?i Ihe C haril). cmplo!'Lid an Admini51ri< ior. ￿￿'hO il'as also a Trusiee. on a part liiii¢ basis. sh¢ riSigYI)ed froii) lier post in Nloi.'ember ?0?4. In the }'ear ended 31 December ?0?4 511¢ 11415 paid £6.237. {?0? j:£6.677) On I" rcli ?0?4 thc C haril). Lniploi'Ld 41 Chiircli l.eadcr on a part linie basis ii'ho ivas iilso a 'I'rustLL. In iliL l-Lar cndid i l DLcLnibL'r ?0?4 his rLinunLration il'as £18.596. 4. Trusl¢¢s' Remuneration and ETpen$es. Nlo rLI)iuncralion li'415 paid lo ihe TrusieL% oihir Ihai) noi¥d iii note 3. Apart fr()iii the neil. Cliiirch L¢i2der ii'lio il'as reinibursed £1.163 expensvs inLurred in ilikn coursL" of his duliLs. lh¢ Truslccs 'LfL not rLimbursLd an). L.IpcnsLs. 5. Related Parti. Transactions A Tru%iee i%'lio sen'ed part of the N'ear is also a Triislee ol Thl George MLiller C h&lrilable Trusi (GNIC Tl a C'lirislian miiiislr), ii,hi¢h is incorponled L1S q4 Liniiied Comp4in!' and r¢gi%iered in the UK as 1& Ch4lril!' (cliaril!. number 106681?). Sel'eral ol" the mini51fics SLippvnLd b!" Ihe Charil!. rL'CCiI'L thLir fiiiids Ihroiiiili Ihe mini51ri' ol. GNIC'"I-. (iML"I' docs not cl)arg¢ ili¢ C Iiarit!, for ihi% 'rn'iCL.

1114 l¢rbrook Cl)urch CIO i I r)eLember ?0?4 AnoiliLr Trustee 15 conn¢Lled il'iih Cl)armian (Ind DLnnis Arci'1& lo. pa.stor8 in a churcli in Lima. Peru. Siipport of £?.4601?0?.1 £4.4?0) I1"1& s proi'ided i() Ihem in ?0?4. In c&ses ii'here a 'fnislLC 15 connLcted ii'iih 4q ch1( rit!, or niinislTh' ii'hicli r¢L¢iI'¢S financial support. IhL. Triisi<¥ is nol a P41rt)' lo Ihc de¢i%ion to b7ji'e thLill siippc7rt.