WHITLEY BAY BAPTIST CHURCH F•xthe yew ermkd 31 De(xmber2023
WHITLEY BAY BAPTISTCHURCH Contents 1-5 Independent Examinets Rert Batance She 8-10
WHITLEY TRUSTEES, REPORT Fortha year ended 31 2023 8APTIST CHURCH LEGAL IIIFORIIAATION The Church is regisiered wilh ts Chardy Comffdssm CHURCH ADDRESS PAvenue. vvhey Bay. NE26 1DX CHURCH YIEBsfTE REGISTERED CHARITY NUMBER 1201562 HMRC REFERENCE NUlblBER Z031565 TRUSTEES The Chaiity MawiFVJ oflhe Clxwch Rev Joel meTr Stephen Frank Davids {appointed 30 March 2023) Lynne Gradwell Joanne HaleS Crispian Oates Katherine Raine Rev Anthony Vlctor Rud¢le (appoirted 30 2023) Hn Sayer PROPERTY TRUSTEES The Bap&st Union Corrmxation Lllnfted. Balst House, 129 Brkny, Didiy)t. OX118RT Bank of Scotland Bardays Bank PLC The Baplist Union Corporaion Limit1 INDEPENDENT EXANNNER Paul Hutchinson Bsc FCA. HaThi%Jn HchOn Lrf 246 Pa Whftby Bay. Tyne and Wear. NE26 3(IX
WHITLEY BAY BAPTIST CHURCH CIO TRiISTEES' REPORT (conlinuedl Forthe year ended 31 DecembeT 2023 The charity is constiiuted as a Charrtable Organisthn registered with the Charity Commissh)n urnler Regi51eKed Ch&ity No 1201562 Objectives and A¢thities 014ecfivr. The piincipal purpose of Wlulley Bay Chutch CIO is the advancemetrt ofthe Chrtsban faiih a¢¢ording to the piin(xples of the Baplist derM)minthn. The Church may also advan or iiie w(Nid. Activltles: On 1 January 2024. the a8s, kneeS ofthe Church weTetransfeed from an establ'shed charity (aso c£5kd Whftley Bay Baptist Chwth) wlmth is registered with the Charity Commission with rBgisteTed number 1126439. It is the ntention of the trustees Itt the existing incowated associthn cjwity referen 1139 be dissolved PtiDrto 31 December 2024. In orderto achlave charttable puthe Church engages in a broad range of activities knduding: regular public sery[S of Chii3tian W0h1p., Carers and Toddlers" Communty Lunches: Open the BOOK. P15 Nursttw: Take S and Chat The g. Wann welco and Youth activities and ev. It a150 supporfs those in our Church cornmuW though pastoral care and smal groups- Many ofthe activitles open lo any nrnber the pubk Cers and Toddlers is paTlicularty ft)rth0 wikh yourwJ thikjren. Open the Book is a group that prOdeS assembltes for local schools, and Take 5 and ch kyovths spxeforfknwl¥ch inc1le inthiduals with addilional need& The Twstee$ are ¢onfthntthatth6a(1eS ofthe Churth c(¥Wrd vAh OUT duty as a chaiiiy to provide a public benefft >dWig to ts glldar *t out by the Charity Commission.
WHrrLEY BAY BAPTIST CHURCH CIO TRUSTEES, REpoi¥f {coAtinued) For the yearended 31 December 21y23 Achlevem8nt and P8rfonance 20Y3 &3wlheforn7aton ofthkq CIO. aml 1Mmer from 1st Jarw2024. Financial Review The charity formed 12th Jarniary 2023. No ac11viS vfft tsrried oui n the 2023 yearlhw this organÉsation, but rfid in that ofits associ ako na7d fileY Bay Baptist Ctswth registered thaTity number 1126439. A budget forthe Church has been prepared frrxf24 as a (rflhelmster cl thibes to Ihe ne incotpoiated CIO on la January 2024.
WHITLEY BAY BAPTIST CHURCH CIO TRUSTEES. REPORT (continued) Forthe year efided 31 DeGember 2023 Reserves Policy The Trustees have adopted a reseNes to hokj in availabk balance an arnount equal to between thTee and four monts of operaling CO&. cuentlY £42000 to £57,000. Ourlrrtal available reserves at the end of 2023 was nil as the charity cartied out its works under Ihat of its associated organisatton, aso named Whitley Bay Baptist Church Tegistered chariiy number 1126439. The reserves wll be trdnsferred effective 1st January 2024. and the Trustees are satisffed that they will have sufficient reserves at future balan sheet datss. logether with ongoing income anticipated, to enable the Church to function effe&ivdy in the cOwng year t8king into account all the economic ar Porrtal uncertaintÉes. Rlsk Management The Trustees have made an assessment of the rnajor iisks faarYJ the Church and are salisfied that there are policies in place to minimise these risks. The key iisks identtfied are detsiled bgknv. Risk Factor strgic and leadership Loss of key aff 111 *4111--_ Leaders and assoGlated team members in am key areas of Ministry. Regular Church MembeTg meetings to discuss problem areas. Idenlified group taking part in GTthMng Leajers Course Annual safeguarding training for everyone involved with chddren or vulnerab18 adults. Higher level training leaders. Safeguarding Breach of safeguariji guidefines Safeguarding is a standing agenda item ( every Trustee meeting Following Baptist Union procedures Regular giving monitored monthly. Abl to Finance Fa15ing givwvJ income Misappropriation of funds Fire or another event occurs iji Aonthly financBI reports lo Trustees Internal controls reviewed annuallv Quinquennial rewew undertaken by professionals. Fabr Team arrdnge and perfom regular Buildings and property Fire aiarn% in place. Inspected annually Fjre extinguishers in place. Inspected annua Fwe drill has bn canfed out duiing a Knowledge of oltr IadIng5 which could be used.
Repulalion Negative pubiKty Contacts in Baptst Urkn press olfice Abiw to contarA membern and regular attenders uickl Poficy and giadelines in plac and (fistiibuied to membe Health and safety p0cY in afMI viewed anral . Legal and bleach aiii Health and safdy breach By order oflhe Tn*es 201h June 2024
Indepdent Examiners ReporttslheTnke5 ( Vlhllley Bay Wtist Chwch CW) This reportis made solely to IhE trwiees. as a bNty. in [danCeyth section 145 ofthe Chanlies Act2011 and reoulabons made und¥sethn 154 of11 MyTADthlws bean undertaken soOh2t I wwJht slate to thg chaii Ints thos8 l am re4uipd to 51ate to them WidenI and forno otherpuryjose. To th?fvltes1 extenl peJmrf by law. I do t2p1 oras respJ•) awoneo1herl1Aftthedffty4d the chaws trustees as a i. formywr#korforthi5 ryoTL 2011) andthatan ndeperthntewiiwth Ills 'lofolliMthè procedures taffl (km in the byth8 Qmity Cornin lderseCtion 14515)(b} of Ihe act). and Basss afindependentexan•Ws report An exaMntiOft indudes a VIew011ho acc(xrfng Idke[1byth2 rjwhy and a rthw8nson oflhe acCA>IS prespntedwilh Ihose rerxlrds. Italso considerthn of any mjaI itans ordisd¢)5ur¢s in the ac£otin4 and from YC as trustees n[nIng any suth mallels. The undertaken do notixovidB all evldefith lrtdependertexanmnèes slatem Inth& COU of my exam&]1 no mthhas (xllnetrtr rffj 1. which gives me wea58b1è rxu lo beQveal inany ffiatell respeci the ieqiwe Chartered Accountart 246 ParkViev4 Whlty Bay and Wear NE2B 3QX
Flxed Assets Tangible Fixed Assets Bank and Ca1 CuiTert Liabililles Crrrt0[s. anounls fairing due wtihin y NetAssets excluding pensv(m Ilablllly Defined b¢nefrt penslon scherne asset or Total net assets or Ilabllllles Charfty Funds Endowment Designd Unrestricted Total Charlty Funds These accow*swere apwoved bytr on 201h June 2024 and siw on thelr behalf by: L< Joel Mercer Trustee steph Davilson
WHITLEY BAY BAPTIST CHURCH CIO NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEM 2023 4. A¢couri Policies Basis of preparalion The accounts are ptepaTed in aCa)rdan Ythh the S1emtt OfReCmended Prac11 (Chathies SORP 2021), FRS102 and th the Charle5 Ad 2011. Vvhmey Bay Baplist Church 15 a regstered chaiity {12015F2) and meets the definilion of a pubiic benefft enlAy under FRS102. Assets and ies are initmlly recognised a hi1 cost ortransaction Va unless olhewise stated in the rdevant ac£oLlltting pthy nole& Income recognition All Inwming resources will be included in the Slatement of Financial Aclivhies when the chaiity is legatly enfftled to the income after any perfOrnn conthfions have been rt the arnou can be measured lIablY and it is probablethatlhe income be receiv&J. Donallons Donalions WRI be accourrted for gross kn recave& Fued asset gffts in kwxl are recognised when receivable and are induded at fairvalue. being receiv1. Inveslmertlncome Investment irrne be Yded in the Ihe Y in which R is 1vab[e. Expenditure recogniknn All exr.ndilute will be accounied toron an accw bas& Expenrfth Yau be recognised where there Is a legal orconslfuclive obligation to make payments tothird partles, ti is pbabIe that settternent will be requtred an(1 the afftount ofthe obwon be fflea fbly. Cost of rasing funds Tho Church vAi nol make foffl app forndS. aKI eX1lre on these items is therefore not rna1 Grants payable The Church will make granlsto otherorgalltsaions whose charitth objects complement ts work TheyvJill be accounted forwhen the recipient has been notifigj ofthe grarrt and payment is uncondittDnal. Supportcosts Support costs wll be Ihose Itiai assisi the worf( of1he (utch but do not thety tepreseJrt Gharttable a(vitte5 and include office costs and govemance cosL Vthere support costs cannot be directly attribuled to particular headingsthey WFiI be allocated to the cost of raising furNls and expen(rrtute on charitable acaivilies on a ba51S consistentwith the use of reg)urce& This wll represent thred expendrture on the governance of the church. Most of fhe Managernentwll be canied OutlfhoUt by volunteer5. Th ittsnL¥ble cost wfl not induded in the Stment of Frk3ncial ACknvIts since therewll be stt0 VOnteerS fortheir
NOTES TO THE ACCOUNTS YEAR ENDED 31 DECErn 2023 l. Accounling Policies (Gon1#W d Assets Tangible fixed assets will be capitaised if they be usgj for motethan one Year cost at le8st£1,000. They be initially recognised al St. orkn dond ass&4 ata rewnable eslim oftheirvalue on Funds Unrestricled funds be avalable for use atthe disueSon of the ttustees in furtheran of the general objectives of the chwity and which have nol been des*ed for other purposes. Designated funds will compiise Unrestric ndS that wll be sel aside bythplfu&eesfor parficuiar purposes. The aim and use of each designthl fund w]I be in the notestothe fuHncial slatemen Restrfded funds are funds which are to be used in accordance wRh speth reslrtthns ifflposed by don0 or which Trve been ralsed by the chaiity for parlicular The c05t of raistng &)d administerKwJ such funds will be thatged agaristthe spethcfund. The am use OF each restsicled fund is set out in the nrtes EndOwmertftd8 represent those assds which musi be held PermndY by the Cha. Income aiising on the endowment funds will be used in attonlance wilh Ihe obieiAs of the charity and is induded as unrestricted Incom& Any capxt41 Wn5 or losses arisin9 on the inv¢sIme fomi oflhe Investment mana9ement eharges and legal advti relating to the fund will be Ched aJainst Ihe fund.
IIVHITLEY BAY BAPIIST CHURCH CIO NOTES TO THE ACCOUNTS YEAR ENDU) 31 DECEM 2023 Employee benefits The chaiity Op a defined contiilyjkn pkn forls npkny. A defmed contribulion plan Is 8 pension plan underwhi¢h the chanty pays red contn1x1onS into a separ* entty. Once the contribulions have been paid the chaiitywli I have further payments obligalions. The ntribull0n$ be recognised as an expense when they are due. Amounts not paid wll be shown in acCnlS li the balan sheeL The assets ofthe plan 10
Trustees, annual report foi the period (HARITY COMMISSION FOR ENGLAND AND WAIES PwiudslNtd&e ThFJFJBJ anlyTh•T hlHITL&Y BAY BAPnsT CHUicH Uo llFJUllBLYFJ refeien Pèra 1.17 Summary ol the rAJtposes d the dmtity as sel wt in ils document PFfJE L SLthmmary ol the main aclivknj lft ielitJn to those puwose5 For 1.19 the pubb( benelii, in lI1[VI, the a£Nvltle prolecis Dy sesvl PAQÉ L ideniified io the acco1 5th1emeM confimilng vthellw the trustees have had regèid to Ihe gLudance issued by chaiity Conunission on public bel11 Additional inforfflation (optiona Poa 1.18 PAGE L You may choose lo Ilude IwtheE slaleM*S whefe ielevanl aLuL. referen Policy oll gTrfit moking 138 NIA PoThcy on sooal iwesDnent ld prowam lated uwe5tfflenl Pa 1.38 Coiilribuuon made voltmle5 pard 138 JIA Olher Odobw2016
verr3@nts'an'd:p.erforimari£e . 50RP Summary of the main of IhE charity, 1dentlfw the ifferen the thèiirfs wotk has made to rhe cIrcumstsn its beneficiafle5 a1 any wider Inefits to srKiety as a whole. Para 120 PAc4E 3 Addittonal informaiion (optiona You mdy (O$e io indude furlher atements abouL. SORP teferen A(hievements aginst 0e[liVeS set Pard IA1 JIA Performance of luthi5ing aaivilies againsl oLyectives sel Para 1.41 fvJIA Investment perfomiafi ot¥'ecllves Para 1.41 JIA oiher frJIA Oct0tr2D16
3018 SORP Rewew ol Ihe thafily's financt txJsiDoTh ol IhE end ol the p10d SlalErJIll explan)ing Il)e t[Y IKJlding reserve5 5tatsig why they ale held Am(NJnt (4 resei¥es Pata 121 PAGE 3 Pard 122 PAfjE 4 Pa 122 PAGE 14 fvJIA Reasons lor holth'f¥J iero reser% a 1.22 Detrls of lund matwally in deficit Para 1.24 ExVartai1 ot any (alieS abuui the dwiily I1)nlilg 05 a 901ng cOnM al23 Additional inforallOn (optionat) You may th005e kn indudp nher513tEts YE1e1et ab)ut. The Ihatitv's prinopal sour$ ol IndS (InCdIng fundrafring) PJa 1.47 Inveslment policy and objectiyEs tn(k)th'ng any s0(ial invesune policy adopied A desulplion ot tho prinLipa risks lèong the charily Paa 1.46 Pa 1.46 PAQE othet Oaobtt2016
Oesuiplion of thaftrf5 trustk refereffe Pata 1.25 Type of goveming docutna (Irusl deed. royal (hafteil How is the (harily constslule {e4 unincoipoiated aSSOcFakn. CIO) Ttusiee seleclion method5 in(knffing delails of afty consliluttonal provisions e.g. deciion fo PCGt or rme of any pers 01 body entsiled io aPPDint one mDre PAQE I Para 125 PAGe L Ituskeos Additional Informalion (opti4>7aD You moy choose ID In(hJde furth 51emrt where rdevant kn)uL. SORP referen Pala 1.51 P(iues and 0(edU5 adopted tor the Inductk)n D7ining ot Itee5 The charity'5 organisaliona st(ucliire and aiiy widef network wliKI) the thaiily works RdatiorGkMp with ary rekied parties Para 1S1 Parn 151 Olf o¢tobLY2016
Chknly name oiher name the (hilY uses Registeied thathly numb Charii¢s pFi1PaI a(klress W¥117L£ry 6AX @ApST CklU(iciA 120FIDL NEib IDX Names ot the tharity I1 who managethe Charity Ystistee name Olfvo Nameol (oi bDdy) eillEd to JPPDinl filany) IE4 '1oEL MEftCEI 3TEfHEN P4btfvJfED &113113 GthowaL JOANDAB HAIiRIÉ& OATES kn7HBQ4NÈ v AMTVQIX on¥e kn151 10 12 13 15 16 17 18 19 (haiiiy A(ffjunts lanpkre5-Tn&e&'aMwaifepJrtlwthe pd oclo1$216
6018 CoTporate trustees- names of the d1CtOrS at the date the report was approved Name of tiustee5 hdding title to propth belonging to the thatity Dates ac*d il whole
7rt8 Oes(rtPhoft of the assets held in U)i5 capaoiy NIA Name ènd owects of t1 d]affty on oSe behall the assers are hdd and how Ihts laNs withThi the a0dlan thaTitfs obie£t5 O*al1 S Dt arrangemlS Ior sale cuslody and segegalion ol suth asse15 fr[ Ihe choriiy'5 Own 3Ssels NIA NIA Addits'onal information (optional) Names and addre5w dadvisets (optional infon) TTre of adviser Name op scorLANO Addie55 R) 235£1. Eo{1&H. ÈHI Iw14 8ANk I cHuAcHILL QLAce, LONDofv, x14 5HP gApnbT èlw, 12q 6rtoAOA¥. thocoi. OXII 8Rr IHE 6APuST UNIDrJ 1411IqtD Naffle of thief exe(utive Of names of seniorstaff (Optional inforfflation) Exemptions tr(Kn disdosute Reason fof non4tsckJsute of kry pusonnd detats Olher option31 infonnation IA October2016
8d8 The Itustees decloe Ihal IW hwe woved ihe I¥Lted rewt abovo Signed oty behall Ofthed0yl ts ignalwets) 11 fftane(s) 12EV. JOEL nAe£cc£ TePH8NI DAVIOSOAI Position (eg Seirekn% TRUSTEE T£usT&E 2171 Z¢Dz (haillyAcwwts Ip]Ble5-TiIl IOF thè Octob2&