Trustees, Annual Report for the period From 1stApril 2023 To: 31st March 2024 Charity name: Borras Park Evangellcal Church Registered address. Jeffteys Road, Wrexham LL12 7PG Registratlon number. 1203369 Governance Borras Park Church is an independent unincorporated association and has a Constitution as its governing document. This was approved by the members at a meeting on 28th February 2023, replacing the original Constitution as necessary for our application for registration as a charity. One trustee resigned his office at the 2023 AGM and thereby his appointment as a trustee. The managing trustees are: Trustee name Officè {Ff any) Pastor Dates acted if not for whole year Mark Thomas Samuel Oldrtdge Associate Pastor 114123 to 18n123 Nigel Bell Elder Michael O'Brien Elder Brian Worthington Secretary The church are beneficial owners of premises held under a separate Trust The trustees holding title to the premises are: Trustee name Dates acted if not for whole year Nigel Bell Brian Worthington David Jones Andrew Bond Objectivès The principal object of the charity is the advanment of the Christian faith in accordan with the Basis of Faith as stated in Schedule 1 of our Constitution. The charity also undertakes to support other selected charitable organisations that share our obJects in the Unit&tt Kingdom andlor other parts of the world. 1of3
Summary of the main athilies in relation to those objectives for the public benefit The trustees have considered the guidan prCUd by the Charity Commission on the provision of public benefrt and they confirm that this has been provided by.. Providing regular public worship on Sunday momings and evenings open to all, including Sunday School and Creche facilities during the morning se[vi. Bible Study and prayer meetings open to all on Wednesday evenings, with one such meeting a month focussing on a mission organisation we support" Undertaking pastoral work including visrting the sick and the bereaved; Teaching Christiantty through semions. courses and small groups- Supporting chaplaincy Servi in the lo(xl HMP Bep•ryn', Holding separate Fellowship meetings for Ladies and Men to share and discuss topical subjects, pray together and study Bible passages. Providing on Thursday evenings. separate children's and teenagers, clubs with a Christian ethos, including games and social activtties wtth occasional outings, and Bible teaching- Promoting the whole mission of the churGh through weekday acttvities, including for local 'Parents and Toddlers, and a Luncheon Club for retired folk. Supporting the local Wrexham Food Bank; Supporting a local Junior School by making our premises available as an Emergency Assembly Point", Supporting other uk-based chariti.es financialty. who operate in the UK and overseas; Responding to appeals to aid intemational emergencies. Achievements and Perfomlance While good governance is vital. the Church does not measure the success of its activities numerically or financially. We sk to declare the Christian gospel as widely as we are able. as set down in our objectives. Any success is attributable to the work of the Holy Spirtt, not our efforts. All our regular weekday acttvtties are fully functioning following the relaxation of Covid restrictions the previous year, and folk, young and old, have returned in good numbers. Live streaming of Sunday seNices has ased, although recordings are posted on YouTube for the followng week. . Wednesday meetings continue to be shared over Zoom to benefft those who are unable to attend in person due to poor health, fraitty or family circumStans. • Our annual Church weekend away in Bala restarted in April 2023. The Church has been able to continue Its support of Christian works both in the UK and overseas, in parttcular by" Supporting UK-based missionary activities in Europe and Asia" 2of3
Making our Pastor available to support small IoGal churches wrth Sunday ministry when such opportunibes become available. Seconding our Pastor, to act part-time as General Secretary of another charty, the Evangelical Movement of Wales (Charty No_ 222407). Financial Review including Reserves Policy The principal funding Sour is donations from members and regular attendees of the church. This was supplemented by many such donations being Gfft Aided. Due to our budgeted financial commttments on ministry. in particular committing to having two fully remunerated Pastors, albeit for only part of this year, we incurred a small annual deficit. This has been deemed acptable to the trustees as we retain significant investment funds from which we can draw to fund any deficit. The trustees have decided that a reserves fijnd be set at six months expenditure, approximately £50.000. However, we have currenty signFficantiy higher funds invested and available. Following the poor retum on our investments in an Ethical Fund the previous year (-2 % ), this year grovrth has retumed to positrve (13.5V/o). We have retained £10.000 in a bank deposit account eaming vanable interest. As in past years, 15 % of our previous year's unrestricted income was designated to our missionary fund. from which we make donations to other Christian organisations. Approved bytheTrusteeson................... ... and signed on their behalf by Mark Thomas - Chalr of Trustees 3013
BORRAS PARK EVANGELICAL CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 3110312024
Independent Examiner's Report Independent Examiner's Report to the Trustees of Borras Park Evangelical Church I report to the trustees on my examination of the accounts of the above charity for the year ended 31 March 2024. Responsiblllties and Basis of Report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with thÈ requirements of the Charities Act 20111"the Act"). I report in respect of my oxamination 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 14515llbl of the Act. Independent Examlner's Statement I have completed my examination. I tonfirm that no material matters have come to my attention in connection with the examination which Eives me cause to believe that in any material respect.. l. The accounting records were not kept in accordance with setion 130 of the Charities Act,. or 2. The accounts did not accord with the accounting records. or 3. The accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reporlsl Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which 15 not a matter considered as part of the independent examination. 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 Ihe accounls to be reached. james Denton FCCA Mike Griffiths & Partners, The Yew Tree Inn, High Street, Gre5ford, Wrexham, LL12 8RF Date..
BORRAS PARK EVANGELICAL CHURCH
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2024
Receipts and Payments For the period from 1 April 2023 to 31 March 2024
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Section A Receipts and payments
Unrestricted funds Restricted funds Total funds
to the nearest £ to the nearest £ to the nearest £
Receipts
-
Open Offerings 14,902 14,902
Gift Aid covenants 50,164 - 50,164
Special Offerings - 682 682
Gift Aid Tax rebate 26,855 - 26,855
Church Weekend 374 - 374
Donations 4,233 660 4,893
Bank account interest 472 - 472
-
Club receipts 1,250 1,250
Sub total (Gross income for AR) 98,250 1,342 99,592
Asset and investment sales.
Profit on COIF Investment - - -
Sub total - - -
Total receipts 98,250 1,342 99,592
Payments
-
Ministry 66,011 66,011
Premises 11,867 - 11,867
Operational Costs 119 - 119
Activities 2,505 - 2,505
Stationery, Printing and Advertising 937 - 937
Donations 1,240 1,342 2,582
Fees and Sundries 3,154 - 3,154
-
Missionary gifts 16,589 16,589
Sub total 102,422 1,342 103,764
Total payments 102,422 1,342 103,764
Profit/Loss in the Year - 4,172 - - 4,172
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ORRAS PARK EVANGEUCAL CHURai FINANCIALsfATEMENTS FOR THE YEAR ENDED 3110312024 Assets and tiabilkties As at 31 March 2D24 )&(:ion B Statement of assets and li3bilitie5 3t the end ot tlie reriod Total funds Total fund5 tothe[lES1£ tothe Tht4tcStÉ 2024 56,301 5,455 61.756 1023 56.301 5,455 6L756 Assets retained for rhe Charty'5 own use Tlote I Plant 2nd rnachinery Fixtures and frttin Cash funds Current Account 18,374 12.335 448.550 479,259 24,971 11.876 448.550 485.397 Dep051t Accounts Other Investments Other monetaryassets Cash in Hènd 1,967 1.967 Total Asse 547.153 OLrfStanding Cheque5 Cfeditors NetA55ets $41982 547.153 Retslned fvhds btouBht forward S47.153 595.843 ProftlL05S In the Year 4172 Retslned fvr¥L$carFdfOVW3rd 542.982 $47,ts3 Signed by the trustees on behaK of all thetrustee5 nature Print Name