Charity registration number: 12505910 BYTHE CHERISH CHURCH ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 AUGUST2025
CHURCH BYTHE BAY ¢HERI$H CHURCH CHANGE Contents of the financial slatements for the year ended 31 August 2025 Pagelsl Reference and Administrative DetaiLs Trustees, Report 2to4 Independent Examiner's Report Statement of Financial Activities BaLance Sheet Notes to the Financial Statements 8t017
CHURCH BYTHE BAY CHERISH CHUXCH CHANGE Reference and Administrative Detsils for the year ended 31 August 2025 Trustees Mr G R Straker Mrs Sammons (from 0110912025} Mrj O Lindsay Mr J P A Sullivan-Tailyour Mr DWTyrer Trustees for the previous Trust Mr G R Straker Mrj O Lindsay MrJRAsh PrincipalAddress Church bythe Bay 91 Balmoral Road Morecambe LA31SS Registered Charity Number 12505910 Independent Examiner Mr S J Tomlinson Bankers CAF Bank Limited Kings Hill West Maling Kent ME19 4JQ Bankers for Church by the BayTrust Natwest Page 1
CHdRCH BAY ofr CHIRISH CHAMaE TfUStees' Report for the year ended 31 August 2025 The trustees present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopte(J the provisions of Accounting and Reporting by Charities= Statement ot Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland IFRS 1021 effective 1 January 2019. Duringthe yearchurch bythe Bay completed the process of becoming a Charitable Incorporated Organisation, and as agreed with the Charity Commission all assets were transferred from the previous Trust (charity no. 11428711 to the new CIO on 2810212025, which had been dormant until that time. These accounts showthe combined total forthe Trust11' September 2024to 28" February20251 and the CIO11" March 2025to 31"August 20251. Figures for the year to 31" August 2024 are from the last complete year of the Trust. Objectives and activities Objectives and aims The object of Church by the B8y, Morecambe is to advance the Christian Faith and to fulfil such other purposes which are exclusively charitsble according to the law of England and Wales and are connected with the charitable work of the church. Significant activities The main activities in relation to these objects are the organisation of church meetings. Bible studies, free seasonal events, weekly groups and visiting individuals in the community. Public beneflt The Trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. The vast majority of our activities are offered free of charge to ensure they are accessible to all, and we regularly promote and publicise our activities to the local community. Volunteers The Church benefits from manyvoluntary hours and unclaimed out of pocket expenses. contributed by 8 18rge number of people. It would be impossible to place a value on these gifts in kind, for which the Trustees 8re extremely grateful. Achlevements and pertormance The Trustees and Spiritual Leadership have kept all events, groups and courses under review, to maximise opportunities to engage with the community about the Christian faith. Page 2
Ck'U'RCH oo CMERISH CHURCH HAN¢1 Trustees. Report for the year ended 31 Augusi 2025 All guests attending church events are invited to Sunday morning meetings. These are held at the same primary schoolvenue as lastyear. The main weekly meeting ofthe Church is on Sunday mornings. Theformat ensuresthey are accessible to all and continues to provide ample time for hearingf rom the Bible. In addition Monthly Lunch and Prayer meetings are held attimes which enable as manychurch members as possible to attend. The Charity also org8nise(J various free community events at Summer. Christmas and Easter. In the Summer a BBQ and Games afternoon was held forthose who already had some contact with the church via a midweekgroup or a Sunday morning seNice. Aswell as games, food and drinks there was opportunity to engage with the Christlan faith. The Church has continued with its weekly Bible study. Baby Group & Youth Group. All are free of charge and with Christlan content at their heart. Recognising the capacity of our volunteers, we deemed itwise to stop our Pop- Up Cafe. Other free Church events or courses have been held forthose in the church and in the wider community, these include: A Bible course introducing the basics of Christianity Pub Quiz Nights A weekly after school club in a local school called Bible Explorers for Key Stage 2 children to access Bible teaching. Throughout the year the Charity has continue(J to support Christian work in UK through our memberships ofthe Fellowship of Independent EvanEelicalChurches and the North West Gospel Partnership and atso in Poland. Krzysztof Rutkowscy, a pastor of an evangelical church in Wtoclawek is supported in prayer and by way of a modest financial contribution vi8 the European Mission Fellowship. This year Gerry. our pastor was able to visit Krzysztof in Poland. The church is also part ofa small networkof churches in and around Morecambe Bay called The Morecambe Bay Fellowship. All are likeminded in advancingthe Christian faith and making it accessible to the community- Duringthis year, Gerrystrakerand Steve Sammons continued as Pastor and Assistant Pastor respectively. We said goodbye to Vanessa Rigby as ourwomen'sworker, but she remains an active member of our church, happily supporting our objectives on a voluntary basis. The vision for the future of the charity (held both by the Trustees and Spiritual Leadership) is always to growthe work ofthe Church, reaching more in our commLtnitywith the good news of the Christian Faith through all of these events and regular meetings. As a church we now employ a pastor. an assistant pastor, and an administration assistant. This is enabling fftore workto happen tothe above end. Page 3
CHLIRCH BYTHE BAY ocfr CHSXISH CHURC CHANOI Trustees, Report for the year ended 31 August 2025 Financial Review During the year there was a deficit of £15,015 (previous year of £23.5881 and the General Fund cash balance at 3110812025 was £17,46312024 £15,8971 which would be enough to cover 2 months normal expenditure. This is less than that required by our policy of maintaining a balance sufficient to meet the obligations of the restricted income funds and at least 3 months. general running costs. Total expenditure during the year was reduced from the previous year mainly by giving less support to partners, but also because the cost ofsetting up of the CIO was less than the incurred in the previous year. Staff costs were reduced since our Women's worker left our employment before the end of the year lin June 20251. This will give rise to a further reduction of approximately £17,000 for the 2025-26 year. At the year end. Staff Funds had a total ofzero12024 £9,1531- A promised donation of £20,000 received in September 2025 which will cover the costs ofemploying the assistant pastor, until April 2026. A further£20.000 is promised for September 2026. At 31st August 2025, the total free resee5 were £68.07312024 £69,008). No funds are in deficit. The total donations from the congregation and membership accounted for 71% of the General Fund income in the year to 31st August 202512023 74%). Structure, Governance and Management The main governing document of the Charity is set out in CIO document registered 27h November 2023. New Trustees are appointed by existing Trustees. The Trustees meet regularly to review managemenL financial and operational risk matters. Approved by order ot the board of trustees and signed on its behalf by 1.9.103..h.6 Mr G R Straker- Trustee clate Page 4
CHURCH BYTHE BAY CHÈRISH CHURCH CHANGE Independent Examiner's Report for the year ended 31 August 2025 Reportto the trustees I report to the trustees on my examination of the accounts ofthe Church by the Bay, Morecambe 1.the Trust") forthe year ended 31st August 2025. Responsibilitles and basis of report As the ch8rity'S trustees, you are responsible forthe preparation of the accounts in accordance with the requirements ofthe Charities Act 20111"the Act-). I report in respect of my examination ofthe Trust's accounts carried out under section 145 ofthe 2011 Act and in carrying out my examination. I have followed allthe applicable Directions given bythe Charity Commission undersection 14515)Ibl ofthe Act. Independent examiner's statement I have completed my examination. l 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: the accounting records were not kept in accordance with section 130 of the Charities Act. or the accounts did not accord with the accounting records: or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an 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 orderto enable a proper understanding of the accounts to be reached. Mr S Tomlinson Halton Green WesL Halton, Lancaster LA2 6PA Date Page 5
CHURCH 8YTHE BAY CHERISH CMURCM CHANGE Statement of Financial Artivrties for the year ended 31 August 2025 2025 Total Funds 2024 Total Funds Restricted Restricted Funds Funds Noteg Income and endowments trom Don8tions and legacies 111.218 32,765 143,983 141,431 Expenditure on Charitable actlvities Church activities 94,237 64,761 158.998 165,014 Net Income I lexpenditurel 16,981 -31.996 -15.015 -23.588 Transfers between funds 11 -17.916 17.916 Net movement in fund$ -935 -14,080 -15,015 -23,588 Reconciliation of funds Total funds brought tOTward 69.008 86,480 155,488 179.076 Totalfunds carried forward Page 6
CHURCH BAY CHERISH CHURC CHANGE Balance Sheet for the year ended 31 August 2025 2025 Total Funds 2024 Total Funds Unrestrlcted Fund$ Restrlcted Fund$ Notes Flxed assets Tangible assets 40,258 72,400 112,658 115,727 Current assets Debtors Cash at bank and in hand 7,719 21.698 29,417 367 8,086 21,664 29.750 11,965 29,322 41.297 10 333 Creditors Amounts falling due within one year 1.602 333 1,935 1,526 Net current assets 27,815 27.815 39,761 Total assets less current liabilities 68,073 72.400 140.473 155,488 Creditors Amounts fallSng due after more than one year NET ASSETS 68,073 72,400 140,473 155.488 Fund$ Restricted funds Unrestricted funds 72.400 68,073 140,473 86,480 69,008 155.488 Total fund8 The financial statements were approved bythe board of trustees and authorised for issue signed on its behalf by: Mr G R Straker- Trustee date Page 7
CHURCH BYTHE BAY -0 0 ¢HER15H cNuR¢N CMANaE Notes tri the Financial Statements- continued for the yea¥ ended 31 August 2025 1. Accounting pollcles Basis of preparingthe financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021'Accounting and Reporting by Charities: Statement ol Recommended Practice applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20151. Financial Reporting Standard 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entltlement io the funds. it is probable that the income will be recewed and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is 8 legal or construclive obligation committing the charity to that expenditure. il is probable that a transfer or economic ben8fits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an a¢cruats basis and has been classified under headings that aggregate all cost relate(J to the category. Where costs Cannot be directly attributed to particular headings they have been allocated to 8Ctivities on basis consistent with the use of resour¢es. Tanble fixed assets Depreciation is provided at the annual rates disclosed in note 7 in order to write off ea¢h asset over its estimated useful Ilfe. Page 8
CHJRCH CHERISH CNURCH CHAtrIQI Note5 to the Financial St8tements- continued for the year ended 31 August 2025 2. Analysis of income 2025 Total Funds 2024 Total Funds Unrestricted Funds Restricted Funds Internal Giving Other External Gffts Gifts for Specific FundslProjects GiftAid 78.921 18,678 670 12.949 6.550 960 25,000 255 85,471 19.638 25,670 13,204 92,455 12,406 21,115 15,455 TOTAL INCOME 111,218 32,765 143. 983 141,431 The ft>llowing items are Included in the income items above 2025 2024 Gift Day Gift-Aid on money raised for Gift Day 12,861 2,133 22.106 3,384 Gift Day monies were from members of Church by the Bay and allocated to Ihe General Fund IPrior Year. Gift Daywas allocated 90% to the Staff Fund and 10% to support the proposed ¢hurch in Buckley) Anonymous donation to support an assistant pastorat Church bythe Bay 25.000 Received from other churches and trusts: Eileen Mccam Trust St Ebbes, Oxford Moorlands Church lallocated to the Admin Fund) St Nicholas for the costs of employing the assistant pastor in the year ending August 2024 Blaina Evangelical Church for the costs of employingthe assistant pastor in the year endingAugust 2024 10,000 3.000 10.000 7.500 5.000 1,200 Page 9
CHURCH BYTHE BAY CHUReH ¢HANqI Notes to the Financial Statements- continued for the year ended 31 August 2025 3. Analysis of expenditure 2025 Unrestricted Restricted Funds Funds 2024 Unrestricted Restricted Funds Funds Total Funds Total Funds Staff Costs Rent Church Running Costs Equipment Building maintenance Legal Fees Depreciation Grant Funding 49,604 6,780 27,639 2.068 527 1,002 1,259 5,658 61,784 111.088 6,780 28,806 2.068 527 1,002 3,069 5,658 48,168 6,540 24.722 700 1,238 3.410 1,259 4.521 64.892 113,060 6,540 26,068 700 1.238 3,410 3.069 10,934 1.167 1.346 1,810 1,810 6,413 Total expenditure on charitable activities 4. Staff Costs 2025 2024 Salaries and wages Social security costs Pension costs Other employee benefits Total staff Gostg 88.911 2,670 4.807 14,700 111,088 91.327 2,034 4,999 14,700 113,060 No employees received employee benefits (excluding employer pension costs) forthe reporting period of more than £60.000. The average monthly number of employees duringthe yearwas as follows: 2025 2024 Charitable activities Two full-time employees and 2 part-time employees. One part-time employee resigned in June 2025. Page10
CHDRCH BYTHE BAY 4J O CHERISN CHANOG Notes to the Financial Statements- conlinued for the year ended 31 August 2025 5. Grants payable Grants madeto institutions 2024 Grants madeto individuals 2024 2025 2025 Church activities The total grants paid to institutions duringthe yearwas as follows: 2025 2024 Fellowship of Independent Evangelical Churches North West Gospel Partnership European Mission Fellowship Trinity Church. Chester 1,804 1.000 3.000 1,521 1,000 2,000 4.500 9,021 5,804 Page11
CHURCH BYTHE BAY cHeRISM CHURC CHAN$F Notes to the Financial Stalements- continued for the year ended 31 August 2025 6. Conversion to a charitable Incorporated organisation The assets and activity of Church bythe Bay, Morecambe Trust {Charity number- 11428711 were transferred to Church by the Bay. Morecambe, a Charitable Incorporated Organisation Icharity number 125059101. The transfer took place on 28" February 2025. The combined figures are shown for the currentyear. Figures forthe previous yearare from the last complete year of the Trust. Analysis of principle SOFA components for the current reporting period Church by the Bay Trust Church by the Bay Total Total Income Total Expenditure Net Income/lExpenditurel Other gains /ILossesl Net Movement In Funds 72,544 83,832 111,2791 71,439 75,175 13,7361 143,983 158,998 {15,0151 111,2791 13,7351 115,0151 Net assets at 0110912024 Net assets at transfer 2810212025 Net assets at 3110812025 155,488 144.209 155.488 144,209 140.473 140.473 Analysis of nét assets at the date of transfer: Church by the Bay Trust Church by tho Bay Total Net assets Represented by: Unrestricted funds Restricted funds 144,209 144,209 62.416 81.793 62,416 144,209 Total Funds 144,209 144,209 Page12
CHLIRCH BYTHE BAY CHERISH CHURCH CHANaU Notes to the Financial Statements- continued for the year ended 31 August 2025 7. Tangible fixed assets Freehold land & buildings Otherland Fixture$, fittings and equipment Total buSidlngs Straight line depreciation at 20% 33% Cost At 1" September 2024 At31" August 2025 140.500 140,500 1.296 1,296 1.718 1,718 143,514 143,514 Depreciation At 1"September 2024 Charge for the year At 31"August 2025 25,290 2,810 28.100 779 259 1.038 1,718 27,787 3,069 30,856 1,718 Net Bookvalue At 1°, September 2024 At 31"August 2025 115,210 112,400 517 115,727 112.658 258 8. Debtors and prepayments This year Last year Prepayments and accrued income Other Debtors 8.086 11,965 8.086 11,965 9. Credltors and accruals All creditors fall due within one year This year Last year Accruals and deferred income Other Creditors 1,935 1.526 1,935 1.526 Page 13
CH.u¥'4LH BAY ofr CHÈRISH CHURCH CHANGE Notes to the Financial Stalements- continued for the year ended 31 August 2025 10. Cash at bank and In hand This year Lastyear Cash at bank and on hand 21.664 29,322 This cash is Llivided amongst the different funds as follows- General fund lunrestrictedl Building repairs & renovations lunrestrictedl Staff Funds Irestrictedl Buckley Church Plant Irestrictedl 17,463 4,235 15,897 4,610 9,153 -338 21,664 29.322 Page 14
BYTHE ¢HERISH CHURCH ¢HANaE Notes to the Financial Statements- continued for the year ended 31 August 2025 11. Charityfunds 11.1 Details of materlalfunds held and movements duringthe CURRENT reporting period Fund Bal•n¢&8 brought forward Fund Balances carrled totward Fund Names andtype Purposes and Restrictions Income Expenditure Tr•n$f¢r$ Building Fund Irestri¢tedl Donated in 2016 for the purchase of 91 Balmoral Road lachieved 8181161 74,210 -1,810 72,400 To employ 8 Women's Staff &Admin worker from Sep 20, an Funds Assistani P8sior from Sep Irestrictedl 21 and an Admin Assistant from Sep 23 12.270 32.765 -62,951 17.916 Total R$strl¢t8d Funds 86.480 32.765 44761 17.916 72,400 General Fund lunrestrictedl 64.245 111.218 -93,710 -17.916 63.837 Building repair & renovation lunFestrictedl Money set aside by the trustees to use for building repairs and renovations. Can be returned to General Fund if needed 4,763 -527 4,236 Total Unr*$trl¢t$d Funds 69.008 111.218 -94.237 -17.916 68.073 TOTAL FUNDS 155.488 143.983 -158,998 140,473 Page 15
CHLJ'RCH BYTHE BAY CIIRRISH CHURCH CHANal Notes to the Financial Statements- continued for the year ended 31 August 2025 11.2 Details of materialfunds held and movements duringthe PREVIOUS reporting period Fund Balances brought lorward Fund Balanc¢$ carried tonNard Fund Names andtyp? Purposes and Restrictions Income Expenditure Transfèrs Building Fund Irestrictedl Donated in 2016 for the purchase of 91 8almoral Road la¢hieved 8181161 76.020 -1.810 74,210 To employawomen's Staff & Admin worker from Sep 20. an Funds Assistant Pastor from Sep Irestrictedl 21 and an Admin Assistant from Sep 23 28.386 50.122 6,238 12.270 Bible College To support members of Student Fund Church by the Bay Iresirictedl attending Bible College 1.930 -1.913 -17 Buckley Plant Irestriciedl To support the eslablishment of a new church in Buckley 2,589 4.500 1.911 Total Restrieted Funds 104,406 54.641 -74061 1,894 86.480 General Fund lunrestrictedl 71.670 86.790 -89,321 4.894 84,245 Building repair & renovation lunrestricttsdl Money set aside by the trustees to use for building repairs and renovations. can be returned to General Fund if needed 3.000 -1.237 3,000 4,763 Totsl Unrestricted Funds 74.670 86,790 -80.558 -1.894 69.008 TOTAL FUNDS 179.076 141rt31 -165.019 155.488 Page 16
CHURCH BYTHE BAY CMEIIISM CHURCH CHANts8 Notes to the Financial Statements- continued for the year ended 31 August 2025 11.3 Transfers between funds This Year The trustees transferred £17.916 from the General Fund into the Staff Funds to bring the Staff Funds to zero at the year end 17.916 L8St Year The trustees designated £3,000 from the General Fund to be used for Building repairs and renovations. The trustees transferred £1,911 from the General Fund into the Buckley Plant to be added to other gifts received to support the start of a new church in Buckle North Wales Transler from Bible College Student Fund to General Fund.. Gift Aid receipts in the year were £17 lower than the accrued estimated receipts in the 01109123 balan, Gonsequenlly £17 has been deducted from the fund 3,000 1,911 17 12 Transactions with trustees and related parties No Trustee received any remuneration or had anyexpenses reimbursed in respect of their position as Trustees. Mr G R Straker. as well as being a trustee. is an employee of the Trust and received remuneration of £38.633 {2024: 237,810} in respect of his employment bythe Trust. The charity made pension contributions on behalf of Mr Straker in the sum of 21,800 12024: £1,800). In addition he received manse rental of £7,50012024 £7.500) duringthe year. Mr S Sammons, became a trustee and an employee ofthe Trust on 1st September 2024 and received remuneration of £23,660 in respect of his employment bythe Trust. The charity made pension contributions on behalf of Mr Sammons in the sum of £1,410. In addition he received manse rental of £7.200 duringthe year. Duringthe year the Trustees and their related parties purchased goods and seNices for Church bythe Bay and £6.595 {2024: £5.2501 of these costs were reimbursed. Page 17