## Chester Road Baptist Church CIO Report and Accounts For the period commencing 2nd December 2022 and ending 31 March 2024 1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk ## **CHESTER ROAD BAPTIST CHURCH CIO** ## **LEGAL & ADMINISTRATIVE DETAILS** ## **FOR THE PERIOD ENDED 31 MARCH 2024** ADDRESS FOR CORRESPONDENCE GOVERNING DOCUMENT Chester Road Baptist Church Chester Road Sutton Coldfield B73 5HU Constitution dated 2 December 2022 CHARITY REGISTRATION NUMBER 1201208 TRUSTEES RESPONSIBLE FOR J Beesley MANAGING THE CHARITY D Brierley L Daffeh (appointed September 2023) S Drury (appointed September 2023) C East E McIntosh A Sheward P Sheckleford S Smith-Inniss L Trench (resigned September 2023) P Warren REPORTING ACCOUNTANTS Stewardship 1 Lamb's Passage LONDON EC1Y 8AB ## **INDEX** Page 1 Page 2 Page 3 Page 4 Page 5 Legal & Administrative Details Trustees' Report Accountant's Report Receipts and Payments Account Statement of Assets & Liabilities Page 1 ## **CHESTER ROAD BAPTIST CHURCH CIO** ## **REPORT OF THE TRUSTEES** ## **FOR THE PERIOD ENDED 31 MARCH 2024** The Trustees have pleasure in submitting the CIO's first Report and Accounts for the period ended 31 March 2024. ## **Objects of the charity** The charity is governed by a constitution and is constituted as a charitable incorporated organisation. As set out in its governing document the charity's principal objects are: a) the advancement of the Christian faith according to the principles of the Baptist denomination. b) 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 charity's main activities and achievements** The charity (the 'CIO') was registered on 2 December 2022 to continue the activities of a Trust with the same name (charity registration number 1134180) and on 1 April 2024 the activities of the Trust merged with those of the CIO. During the period to 31 March 2024 the CIO's only activity was to open and operate bank accounts as agent for the Trust; from 1 April 2024 the CIO has operated these bank accounts for its own benefit. In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission. ## **Financial review** The charity did not undertake any transactions for its own benefit during the period. ## **Reserves policy** Apart from the agency arrangement referred to above, the charity did not operate during the period and the trustees were satisfied that the charity did not need to hold any reserves. ## **Governance** Responsibility for setting policy and for making operating decisions for the charity rest with the Trustees. Except for the first trustees, new trustees are appointed by the Church members. ## **Responsibilities of trustees** Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year. We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities. ## **Approval** This report was approved by the trustees and signed on their behalf by: ## J A Beesley J A Beesley (Oct 4, 2024 19:38 GMT+1) ___________________________ J Beesley - trustee Date: 3 October 2024 Page 2 ## **Accountant’s Report to the Trustees of Chester Road Baptist Church CIO ("the Charity") on the Charity's unaudited accounts for the period commencing 2 December 2022 and ending 31 March 2024.** In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the accounts of the Charity for the period ended 31 March 2024, as set out on pages 4 and 5, from the accounting records and from information and explanations you have given us. This report is made solely to the Trustees of the charity, as a body, in accordance with the terms of our engagement letter . Our work has been undertaken solely to prepare for your approval the accounts of the charity and state those matters that we have agreed to state to the Trustees of the charity. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its Trustees as a body for our work or for this report. It is your duty to ensure that the charity has kept adequate records and to prepare statutory accounts that meet the requirements of the Charities Act 2011 for the charity. You consider that the charity is exempt from the statutory audit requirement for the year and is eligible to prepare ‘Receipts and Payments’ accounts. We have not been instructed to carry out an audit or review of the accounts of the charity. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. ## Stewardship Stewardship (Oct 7, 2024 09:09 GMT+1) Stewardship 1 Lamb's Passage LONDON EC1Y 8AB Date: Oct 7, 2024 Page 3 ## **CHESTER ROAD BAPTIST CHURCH CIO** ## **RECEIPTS AND PAYMENTS ACCOUNT** ## **FOR THE PERIOD ENDED 31 MARCH 2024** |**_Income receipts_**
Donations
Gift aid receipts
**_Total receipts_**
**_Payments_**
**_Total payments_**
Transfers between funds
**Net movement in funds**
Cash funds as at last year end
**Cash funds at this year end**
Net of receipts / (payments) before
Grants paid in relation to charitable
activities undertaken by others
Payments
in
relation
to
charitable
activities undertaken directly|Unrestricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-|Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-|31 March
2024
£| |---|---|---|---| ||||-
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-| ||||-| The charity did not undertake any transactions in its own name during the period. Page 4 ## **CHESTER ROAD BAPTIST CHURCH CIO** ## **STATEMENT OF ASSETS AND LIABILITIES** ## **FOR THE PERIOD ENDED 31 MARCH 2024** |||Unrestricted|Restricted|| |---|---|---|---|---| |||funds|funds|2024| |||£|£|£| |**A **|**Cash funds**|||| ||Cash at bank|-|-|-| |||**-**|**-**|**-**| During the period the CIO did not undertake any transactions for its own benefit but it did open and operate bank accounts as agent for a Trust with the same name (charity registration number 1134180). As agent during the period the CIO received £131,316 and paid £92,188 and, at the period end, held £39,128 for the Trust. On 1 April 2024 the activities of the Trust merged with those of the CIO and the CIO operated these bank accounts for its own benefit from that date. ## **B Other monetary assets** |Other debtors
**C**
**Liabilities**
Other creditors|-
**-**
-
-|-
**-**
-
-|-| |---|---|---|---| ||||**-**| ||||-| ||||-| ## **D Assets retained for charity's own use** The charity did not own any fixed assets at the period end date. ## **E Guarantees and secured debts** The charity has not given any guarantees and has not provided its assets as security for any liabilities. The charity did not beneficially own any assets, or have any liabilities, at the period end date. The accounts were approved by the trustees and signed on their behalf by: ## Ewan McIntosh Ewan McIntosh (Oct 4, 2024 12:48 GMT+1) ___________________________________ E McIntosh - trustee Date: 3 October 2024 Page 5