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2024-03-31-accounts

Otford Evangelical Free Church Report of Activities 2023/24

Church life was somewhat different to previous years in that the pastor and his wife were given a three month Sabbatical from all church activities commencing 1[st] September. However, the church continued to be active in ministry throughout the year for the benefit of its members, its regular worshippers and the wider village community.

Sundays were given over to the worship of God and the nurturing of Christian faith through the systematic preaching of the Bible and the fostering of Christian fellowship. Provision for the children attending the church was made through twice monthly Bible times before the morning service. Wednesday church nights were given over to prayer, the sharing of news and discussion on Bible passages.

The church was also pleased to record in June its first believers’ baptisms since 2007.

The church continued to be active in the community opening its doors the first Tuesday afternoon of every month to those in the village for a time of company, conversation, cake and coffee.

Every Friday morning during term time – the church offered a play group for mothers and carers of pre-school age children the popularity of which meant a booking system had to be introduced.

The church was also present at community events with stalls at the Coronation Celebration on the village green on 8[th] May and at the Otford Village Fete on 29[th] May providing activities for young children.

The church also continued to pursue its interest in Christian mission a highlight of which was the visit of the pastor and his wife to the Island of Madeira In October where the church is sponsoring the ministry of a church planting family in Funchal.

OTFORD EVANGELICAL FREE CHURCH End of Year Accounts

2023 - 24

Elaine Bracken

Receipts and Payments Account for the year ended 31 March 2024

Receipts 2024 2024 2024 2023
Unrestricted Restricted Total Total
£ £ £ £
Donations 37,201 3,649 40,850 43,600
Gift Aid 8,129 947 9,076 17,877
Interest 1,756 0 1,756 539
Total receipts 47,086 4,596 51,682 62,015
Payments 2024 2024 2024 2023
Unrestricted Restricted Total Total
£ £ £ £
Ministry 40,174 0 40,174 36,465
Chapel 26,364 0 26,364 12,432
Adminstration 3,266 0 3,266 2,443
Donations 11,739 4,039 15,778 25,440
Church Life 1,226 0 1,226 2,114
Total payments 82,770 4,039 86,808 78,892
Net receipts over payments (35,683) 557 (35,126) (16,877)
Transfers between funds 0 0 0 0
Cash funds last year end 148,711 6 148,717 165,594
Cash funds this year end 113,027 563 113,590 148,717
Statement of assets and liabilities at the end of the period
2024 2024 2024 2023
Unrestricted Restricted Total Total
£ £ £ £
Cash & bank balances
Bank current account 1 0 1 1
Bank interest account 112,619 542 113,161 148,486
Cash in hand 407 21 428 230
Totals 113,027 563 113,590 148,717
Other monetary assets 0 0 0 0
Investment assets 0 0 0 0
Assets retained for the charity’s own use 0 0 0 0
Liabilities 0 0 0 0

Gifts to missionaries / individuals

1

Barnabas Fund - General
Barnabas Fund - Morocco
Barnabas Fund - Pakistan Flooding
Barnabas Fund - Ukraine
Children Alone
Compassion UK
CRIBS
Falconer Trust
GBM re Jason & Andrea Murfitt
Hospice of Hope
Individuals
International Mission to Jewish People
Kent Gospel Partnership
London City Mission
Open Air Mission
Retired Missionaries
Samaritans Purse
Samaritans Purse - Biosand Water Filter
Samaritans Purse - Earthquake
Samaritans Purse - Shoeboxes
SIM International UK
Tear Fund - Drought Appeal
Tear Fund - Earthquake
Tear Fund - Middle East Emergency Fund
Tear Fund - Ukraine
Toilet Twinning
UFM re Andrew & Jenny Love
World in Need - Marima
Benevolent
Totals
2024
2024
2024
2023
Unrestricted
Restricted
Total
Total
£
£
£
£
1,155
58
1,213
2,275
0
2,325
2,325
0
0
0
0
1,453
0
0
0
2,681
0
0
0
0
390
0
390
462
578
0
578
1,050
462
0
462
840
2,310
0
2,310
4,300
0
0
0
213
489
0
489
475
0
0
0
200
250
0
250
0
1,155
0
1,155
2,200
882
0
882
840
0
0
0
250
0
0
0
145
0
0
0
966
0
544
544
2,056
0
0
0
340
2,310
0
2,310
2,300
0
0
0
43
0
0
0
775
0
875
875
0
0
0
0
13
180
0
180
0
578
0
578
1,050
0
137
137
464
1,000
100
1,100
50
11,739
4,039
15,778
25,440

Otford Evangelical Free Church, 81 Pilgrims Way West, Otford, Kent TN14 5JH is registered with

2

the Charity Commissioners (No 1202466) and constituted as Unincoporated Trust

The Church is affiliated to The Fellowship of Independent Evangelical Churches.

These accounts have been prepared on the "Receipts and Payments" basis and accord with Section 133 of the Charities Act 2011.

Fixed Assets

The freehold land and Church building at 81 Pilgrims Way West, Otford, Kent TN14 5JH are vested in the names of the Church Trustees and insured in the sum of £747,006, contents are insured in the sum of £73,081. Other assets held by the Church for its use comprise seating, tables, storage units, catering equipment, piano, laptop, ipad and sound system, general furnishings, Bibles and hymn books together with sundry items of equipment for use in the maintenance of the Church building and grounds.

Ministry

Kevin Bracken's PAYE is administered by Stewardship Services.

Gift Aid

The Gift Aid and Gift Aid Small Donations amounts for gifts in the 2022/23 financial year were both claimed and received in the 2023/24 financial year. The Gift aid amounts for the previous year were higher due to Gift aid claimed for both 2020/21 and 2021/22.

Donations paid

The annual unrestricted donations for the 2023/24 financial year were increased for inflation. The donations for the previous year were higher due to late payment of the 2021/22 financial year unrestricted gifts.

Restricted Funds

The table below summarises the balances, receipts and payments for the restricted funds. The negative balances at the end of the previous year were anticipated Gift Aid which has now been received.

Transfer Bal
Bal 2023 Receipts Payments from/ 2024
(to)
Unrestricted
Barnabas Fund - General 58 29 58 29
Barnabas Fund - Morocco 0 2,325 2,325 0
Barnabas Fund - Pakistan Flooding (291) 291 0 0
Barnabas Fund - Ukraine (24) 24 0 0
Benevolent 125 250 100 275
Samaritans Purse - Biosand Water Filter (173) 173 0 0
Samaritans Purse - Earthquake 274 270 544 0
Samaritans Purse - Shoeboxes 0 59 0 59
Tear Fund - Drought Appeal (9) 9 0 0
Tear Fund - Earthquake (5) 5 0 0
Tear Fund - Middle East Emergency
Fund 0 875 875 0
World in Need - Marima 51 287 137 201
Total 6 4,596 4,039 0 563

3

Payments to Trustees

There was no trustees’ remuneration or other trustee benefits for the 12 months ending 31 March 2024 or for the previous financial year.

Expense Payments to Officers of the Church and their relations

Expense payments to officers of the church and their relations in the year 2023-24 amounted to £1012.08

Contingent Liabilities

There are no contingent liabilities for the current year.

Signed on behalf of the Church Trustees

Trustee 1: Date

Trustee 2: Date

4

Independent examiner’s report to the charity trustees of Otford Evangelical Free Church

I report on the accounts of the Trust for the year ended 31 March 2024, which are set out on page 1 - 3.

Respective responsibilities of charity trustees and examiner

As the charity trustees, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of independent examiner’s report

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Name: Abigail Gardner

Relevant professional qualification or body: Chartered Accountant of the Chartered Institute of England and Wales

Address: 60 Magpie Hall, Bromley, Kent, BR2 8ER

Date: 14 July 2024