## **WELLINGTON EVANGELICAL CHAPEL FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2022**
Registered Charity Number 233810
Skingle Helps & Co Chartered Accountants 28 Southway Carshalton Beeches Surrey SM5 4HW
**INDEX**
## **WELLINGTON EVANGELICAL CHAPEL**
## **YEAR ENDED 31 DECEMBER 2022**
||Page|
|---|---|
|Legal and administrative information|1|
|Report of the trustees|2 - 3|
|Report of the independent examiner|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7 – 10|
1
## **WELLINGTON EVANGELICAL CHAPEL**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **YEAR ENDED 31 DECEMBER 2022**
Address: Wellington Chapel Wellington Hereford Herefordshire HR4 8AX Trustees: Mr Derek Backhouse Rev Gordon Bingham Rev Richard Mansell Mr Mark Roberts Mr John Roberts Mrs Sharon Roberts Bankers: Lloyds TSB Bank plc 6-8 High Town Hereford HR1 2AQ Accountants: Skingle Helps & Co Chartered Accountants 28 Southway Carshalton Beeches Surrey SM5 4HW
2
## **WELLINGTON EVANGELICAL CHAPEL**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
The trustees submit their annual report and the financial statements for the year ended 31 December 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (issued 2005) in preparing the annual report and the financial statements of the charity.
The charity is constituted by indenture dated 5 October 1898 as amended on 15 February 2017.
The charity’s objects are:
- For the purpose of religious worship and the preaching of the gospel and as a Sunday School;
## **Activities**
The charity was established with the aim of promoting the evangelical protestant religion and this is continued through public worship on the Lord’s Day and other meetings during the week, including meetings for children and young people.
## **Results**
The attached financial statements disclose the financial position of the charity at 31 December 2022.
## **Trustees**
The trustees in office during the year and at the date of this report are set out on page 1.
The charity’s trustees appoint trustees.
## **Responsibilities of the trustees**
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the end of the year and of its financial activities during the year then ended. In preparing those financial statements the trustees are required to: -
- select suitable accounting policies and apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether the policies adopted are in accordance with the Statement of Recommended Practice “Accounting by Charities” and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue.
3
## **WELLINGTON EVANGELICAL CHAPEL**
## **REPORT OF THE TRUSTEES (continued)**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.
Approved by the trustees and signed on their behalf by:
Mark Roberts
Trustee
27[th] July 2023
4
## **WELLINGTON EVANGELICAL CHAPEL**
## **REPORT OF THE INDEPENDENT EXAMINER**
## **YEAR ENDED 31 DECEMBER 2022**
I report on the financial statements of Wellington Evangelical Church (formerly Wellington Chapel and Other Trust Property) for the year ended 31 December 2022, which are set out on pages 5 to 10.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”).
The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and
- to state whether particular matters have come to my attention
## **Basis of independent examiner’s statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention 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 order to enable a proper understanding of the accounts to be reached.
John Helps BSc ACA Skingle Helps & Co 28 Southway Carshalton Beeches Surrey SM5 4HW
August 2023
5
## **WELLINGTON EVANGELICAL CHAPEL**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
|**_Note_**
**Incoming resources**
**Income from:**
_Donations:_
Offerings including gift aid refund
Bank interest
**Total**
**Resources expended**
**Expenditure on:**
Charitable activities
Costs in furtherance of the charity’s objects:
Charitable expenditure
2
Other distributions
3
Other
2
**Total**
**Net income /(outgoings) for the year**
**Funds brought forward**
**Funds carried forward**|**_Total_**
**_2022_**
**_Total_**
**_2021_**
**_£_**
**_£_**
65,099
44,695
3
-|
|---|---|
||65,102
44,695|
||53,579
45,502
1,800
1,500
1,656
2,330|
||57,035
49,332|
||8,067
(4,637)
484,055
488,692|
||492,122
484,055|
6
## **WELLINGTON EVANGELICAL CHAPEL**
## **BALANCE SHEET**
## **AS AT 31 DECEMBER 2022**
|**AS AT 31 DECEMBER 2022**||
|---|---|
|**_Note_**
**Fixed assets**
Tangible fixed assets
4
**Current assets**
Debtors
5
Lloyds TSB Bank account
**Creditors: amounts falling due within one year**
6
**Net current assets**
**Net assets**
**Funds**
7
General account|**_2022_**
**_2021_**
**_£_**
**_£_**
418,801
419,172|
||7,964
3,595
66,144
61,948|
||74,108
65,543
(787)
(660)|
||73,321
64,883|
||492,122
484,055|
|||
||492,122
484,055|
These financial statements were approved on by the trustees on 27[th] July 2023 and signed on their behalf by
Mark Roberts
Trustee
7
## **WELLINGTON EVANGELICAL CHAPEL**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **1. ACCOUNTING POLICIES**
Wellington Evangelical Church is an unincorporated charity registered in England and Wales. The principal address is Wellington Chapel, Wellington, Hereford, Herefordshire, HR4 8AX.
## • **Basis of preparation**
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK ad Republic of Ireland” (“FRS 102”), “Accounting and Reporting by Charities” the Standard of Recommended Practice for charities applying FRS102, the Charities Act 2011 and UK Generally Accepted Accounting Practice as it applies form 1 January 2015. The charity is a Public Benefit Entity as defined by FRS102.
The financial statements are prepared in sterling, which is the functional currency of the trust. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared on the historical cost convention, modified to include the revaluation of fixed assets. The principal accounting policies adopted are set out below.
## • **Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## • **Funds**
The general account includes Sunday offerings and other unrestricted gifts which may be used for any purpose within the terms of the trust deed. Other gifts received for specified purposes are recorded in restricted funds as appropriate.
## •
## **Depreciation**
Freehold property is included in the balance sheet at cost or where this is not available at the trustees’ estimate of the value. No depreciation is provided in respect of freehold property.
Depreciation on equipment is provided at a rate of 25% per annum on a reducing balance basis.
## •
## **Incoming resources**
Offerings are accounted for on receipt. Donations and legacies are accounted for when due.
## •
## **Resources expended**
Expenditure is accounted for as amounts fall due.
Charitable expenditure comprises all expenditure directly related to the objects of the charity. Governance costs comprise expenditure related to the cost of compliance with statutory requirements.
8
## **WELLINGTON EVANGELICAL CHAPEL**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
|**Resources expended**
**_Charitable expenditure_**
**Local ministry costs**
Staff costs
Pulpit supply and sundry expenses
Repairs, renewals and grounds maintenance
Light and heat
Youth work (including camp)
Depreciation of equipment
Church insurance
Telephone
Advertising
**_Other costs_**
Independent examiner’s fee
Accounting software
**Employee information**
Wages and salaries
Social Security costs
Pension contributions
Average number of full-time equivalent employees
**Trustees**|**_2022_**
**_2021_**
**_£_**
**_£_**
35,145
34,233
1,258
2,065
9,761
4,868
1,876
1,851
3,674
662
371
495
536
503
708
775
250
50|
|---|---|
||53,579
45,502|
||660
660
996
1,670|
||1,656
2,330|
||**_2022_**
**_2021_**
**_£_**
**_£_**
34,500
33,398
-
-
645
835|
||35,145
34,233|
||No.
No.
2
2|
|||
## **2. Resources expended**
The trustees received no remuneration for their services.
9
## **WELLINGTON EVANGELICAL CHAPEL**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **3. Missionary giving**
|**3.**
**Missionary giving**
Checkpoint CYT
Day One
Open Doors
Ukraine
**4.**
**Tangible fixed assets**
**COST OR VALUATION**
As at 1 January 2022
Additions
Revaluation
As at 31 December 2022
**ACCUMULATED DEPRECIATION**
As at 1 January 2022
Provision for the year
As at 31 December 2022
**NET BOOK VALUE**
As at 31 December 2022
As at 31 December 2021|**_Freehold_**
**_land and_**
**_buildings_**
**_£_**
417,688
-
-|**_2022_**
**_2021_**
**_£_**
**_£_**
600
600
600
600
300
300
300
-|
|---|---|---|
|||1,800
1,500|
|||**_Equipment_**
**_Total_**
**_£_**
**_£_**
12,098
429,786
-
-
-
-|
||417,688|12,098
429,786|
||-
-|10,614
10,614
371
371|
||-|10,985
10,985|
||417,688|1,113
418,801|
||417,688|1,484
419,172|
All fixed assets are used in the direct furtherance of the charity’s objects.
The freehold premises were valued by the trustees at their existing use value on 31 December 2022 at the figure shown above. The original cost of the freehold premises is unknown.
10
## **WELLINGTON EVANGELICAL CHAPEL**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
|**5.**
**Debtors**
Gift aid refund
Sundry debtors
**6.**
**Creditors: amounts falling due within one**
**year**
Accruals|**_2022_**
**_2021_**
**_£_**
**_£_**
7,963
3,500
-
95|
|---|---|
||7,963
3,595|
||**_2022_**
**_2021_**
**_£_**
**_£_**
660
660|
||660
660|