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2023-12-31-accounts

Trustees Report and Statement of Accounts 2023 Gabalfa Baptist Church & Manse (No. 234763)

Gabalfa Baptist Church is located at North Road, Cardiff, CF14 3BJ.

Structure, Governance and Management

Gabalfa Baptist Church and Manse (“Gabalfa Baptist Church”) is led on a day-to-day basis by the Elders, who are responsible for all matters that arise with regards to the activities of the church.

The Trustees on 31[st] December 2023 were:

Mr Gareth Payne

Mr Alun Howells

Mr Daniel Evans

Mr Lee Jones

Mr Samuel Smith

New Elders/Trustees are brought to the attention of the church at a members’ meeting.

In 2023, we held three meetings of church members (including the annual general meeting). At members’ meetings, we pray for the church and update the members concerning the activities of the church.

Activities and objectives

The purpose of Gabalfa Baptist Church is to worship the Living God and to build together a group of people who love and serve each other and make Jesus Christ known. This is done through preaching and teaching, as we are led by Jesus Christ through his Word revealed in the Bible, and also through sharing our lives together.

Achievements and Performance

During 2023, we continued the activities of the previous year.

Sundays and Wednesday meetings continued to be the heartbeat of our Church life. We met each Sunday at 11am and for our Gospel service at 6pm, with opportunities for members to invite friends and family. We met

each Wednesday for our prayer meeting where we ate together and prayed for each other and the work of the church.

We read a different book of the Bible each month (known as RBT – Reading the Bible Together) and come together to share how God had spoken to us one Wednesday each month. We completed our fourth cycle of Reading the Bible Together early in 2023.

The children of the church continued to have a focal point in our church life. Gen-G met each Tuesday after school in term time. This youth club is for 4-17 year olds. The older children stay for Top Gen-G for more focussed time, activities and to eat together which included going to members' homes. Each Sunday in August, we held a “Proverbs Project” for the children with challenges they needed to complete such as memorising scripture and sharing that with selected Church members to gain access to a “party room”.

Building on the previous year, we continued to hold our Branch Community Cafe each Monday (10am-12pm) in term time at the church premises. We have a wellbeing walk that happens from 10.15-10.45am.

We held another church holiday in May half term. We spent 4 nights at Hill House Christian Centre in Somerset. This is always a highlight for our church fellowship.

As usual Christmas was a busy time. Some of the children of the church designed a Christmas card which we were able to hand deliver around the local area and invite people to our Christmas services. We held 3 candlelit carol services including one on Christmas Eve and a Christmas morning service. There was a good turnout for each event.

In addition to all this, we recorded various podcasts (such as Sunday Seconds, Hymnology 101 and Psalmbody Once Told Me on the Psalms), ran youth football sessions on Saturdays over the summer holidays, joined another church (Mount Pleasant Baptist) for a day on their church weekend away and held a Halloween alternative party called “Smashing Pumpkins”. We also recorded six songs for a 2024 hymns EP project as well as holding two music nights showcasing a variety of musical performances (19[th] February and 18[th] June).

In 2023 we had around 100 members.

The Trustees confirm that they have complied with the duty in the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on public benefit. The Church provides public benefit in the provision of a place of worship. The Church seeks to fulfil its charitable objectives in the advancement of the good news of Jesus Christ, who loved us and gave Himself for us.

Financial review and reserves policy

With a largely self-sustaining income, backed up by strong reserves, the Church aims to maximise its charitable expenditure whilst prudently managing its infrastructure. During 2023 our income was £187,501.78 and expenditure was £154,787.46 giving a surplus of £32,714.32. Our income was mainly received from gifts given by church members and from claiming gift aid.

The Trustees are aware of the need to accumulate sufficient reserves such that the Church can continue in operation during any short-term of shortfall. The reserves level at the end of 2023 was £91,584.39. The Trustees consider that there are no material uncertainties about the Church’s ability to continue for the next 12 months.

On behalf of the Trustees:

A. Howells

Authorised by the Trustees on 10 April 2024

Gabalfa Baptist Church

Statement of Accounts 2023

rend 31st o￿ornber 2023 I can confirm that, as aW, the books and records twe been presented to me in an ordedy arKI logKal fashion. I corNJratulate Sarah on all her. obvK>US. hafd woth. These items Sh￿ the true and concise status of the church as of 31 sl Decembef 2023. can fiThl rKb err(n. Ttr￿ onty ilem that may have (￿￿ed woukj be the amwnt of interest appld to mortgage. This ￿Ure was not available as ts newwt statement does not show the arnowl added. l vukJ estwnate thal at approximatety £70. In the scheme of ltrese finarKMI records. it is not worth nots'rvJ. An ex￿llent job has been d(Th W again. Agam. a great de￿ of and eff￿t has gone thi's concise book-keepiNJ exercise. The main areas of charrfjes of note are as frkn￿:. The ￿c￿ne has to KKrease. Yet again. a very healthy nount has been redamed fr￿￿ HMRC in respect of Grft All. The Nxmt bewvJ shghty Thvxe than last year. These thiTrJs do. usuaty. take a of efftyt so I ccfflnMd the Chureh in rnak￿￿ sure that this is done anrll￿Ity. The main expe￿ tr 2023 were the continwl repairs to the Manse latifNJ ar#J plumts'ng undertaken. These ongoiThJ a￿1 conlinuwj repairn arKI improvements can onty the overall c(¥nfort of cmrch membefs. 01 course. the utthty bdls are again this unf(￿1￿￿1y. It￿8 items are in other sinilar enwronments. Tr ovefal cost of the fegular bils has wmxeased by approxirnatety £7.000 but a k)t of that ts explained by the increas&J pa￿ made to the loan on the Manse. In my opinM)n. ts fffWKW Churth are looknng very Iwlthy and are beirwJ ¥￿1 controlle(I by manag￿￿rn. Tl Improveme￿ to overall furmts B, obviously, entirety due to close monrtonng of costs as ￿11 as the intxeased income. A furthef amount of over £32.000 has been added to the cashflow and will enable projects both in hand and in future to reach frUrt￿n. for the benefft of the so agam in the future. Audrtor

Gabalfa Baptist Church, Cardiff (Reg. Charity no. 234763) Financial Statement for the year ending 31st December 2023

GENERAL FUND- Receipts and Payments (Main
Account)
Receipts
Notes
Offerings
Bill refunds
1
Rent for Chapel House
Miscellaneous
Paid meals
Tax refunds (Gift Aid) and GASDS
Church Holiday
Transfer In From Savings Fund
Transfer In From Worker Savings Fund
Transfer In From Worker Salaries Fund
Transfer In From Meals Fund
Transfer In From Petty Cash
Transfer In From Mums and Tots box
Payments
Core Staff Wages
2
Staff Books
Regular Bills
3
Building Repairs
4
Donations out (to members and visiting preachers)
Miscellaneous
5
Transfer Out to Worker Savings
Transfer Out to Building Fund
Transfer Out to Savings Fund
Surplus/(Deficit)
Balance b/f from previous year
Balance c/f to next year
2022
£93,240.99
£1,319.18
£5,500.00
£576.00
£791.40
£22,689.74
£8,825.75
£132,943.06
£20,000.00
-
£6,180.50
£3,232.00
£720.00
£55.97
£163,131.53
£44,764.85
£500.00
£30,919.44
£44,697.92
£4,487.09
£37,942.45
£163,311.75
-
£2,400.00
-
£165,711.75
-£2,580.22
£8,473.58
£5,893.36
2023
£111,493.51
£654.54
£5,000.00
£119.10
£1641.50
£27,646.51
£7,860.00
£154,415.16
-
£560.00
£7,000.00
£18,222.00
-
-
£180,197.16
£46,922.18
£400.00
£37,123.25
£8,240.72
£1,819.71
£38,830.38
£133,336.24
£2,226.40
£3,800.00
£35,646.51
£175,009.15
£5,188.01
£5,893.36
£5,893.36 £11,081.37
SAVINGS FUND - Receipts and Payments Account
Receipts
Account Interest
Transfer In from Main Fund
Transfer In from Meals Fund
Payments
Transfer Out to Main Fund
Surplus/(Deficit) for year
Balance b/f from last year
Balance c/f to next year
WORKER SAVINGS FUND- Receipts and Payments Account
Receipts
Worker Offerings
Church holiday
Transfer In from Main Fund
Transfer In from Meals Fund
Transfer In from Worker Salaries Fund
Payments
Transfer to Main Fund
Transfer to Worker Salaries Fund
Surplus/(Deficit) for year
Balance b/f from last year
Balance c/f to next year
2022
£4.16
£4.16
-
£4,000.00
£4,004.16
£20,000.00
£20,000.00
-£15,995.84
£25,280.15
£9,284.31
2022
£28,169.05
-
£28,169.05
-
£1,617.00
-
£29,786.05
-
£25,500.00
£25,500.00
£4,286.05
£12,642.04
£16,928.09
2023
£255.70
£255.70
£35,646.51
-
£35,902.21
-
£-00
£35,902.21
£9,284.31
£45,186.52
2023
£13,619.00
£560.00
£14,179.00
£2,226.40
£2,050.00
£20,607.68
£39,063.08
£560.00
£27,000.00
£27,560.00
£11,503.08
£16,928.09
£16,928.09 £28,431.17

WORKER SALARIES FUND- Receipts and Payments Account

2022
Receipts
Transfer In from Worker Savings Fund
£25,500.00
£25,500.00
Payments
Worker Staff Wages
2
£29,871.79
Meals for church members
£750.00
£30,621.79
Transfer In to the Main Fund
£6,180.50
Transfer In to the Main Fund
-
£36,802.29
Surplus/(Deficit) for year
-£11,302.29
Balance b/f from last year
£33,362.19
Balance c/f to next year
£22,059.90
CHAPEL HOUSE BUILDING FUND- Receipts and Payments Account
2022
Receipts
Transfer In from Main Fund
£2,400.00
£2,400.00
Payments
£-00
Surplus/(Deficit) for year
£2,400.00
Balance b/f from last year
£400.00
Balance c/f to next year
£2,800.00
MEALS FUND- Receipts and Payments Account
2022
Receipts
Paid meals and activities
£7,806.69
Church holiday
£532.00
Main offering
Worker offering
£1,617.00
£9,955.69
Payments
Transfer to Main Fund
£3,232.00
Transfer to Worker Savings Fund
£1,617.00
Transfer to Savings Fund
£4,000.00
£8,849.00
Surplus/(Deficit) for year
£1,106.69
Balance b/f from last year
£797.72
Balance c/f to next year
£1,904.41
2023
£27,000.00
£27,000.00
£21,151.22
£300.00
£21,451.22
£7,000.00
£20,607.68
£49,058.90
-£22,058.90
£22,059.90
£1.00
2023
£3,800.00
£3,800.00
£-00
£3,800.00
£2,800.00
£6,600.00
2023
£12,121.81
£360.00
£4,120.11
£2,050.00
£18,651.92
£18,222.00
£2,050.00
-
£20,272.00
-£1,620.08
£1,904.41
£284.33

PETTY CASH- Receipts and Payments Account

2022
Receipts
£-00
Payments
Small food items
£1,083.49
£1,083.49
Transfer to Main Fund
£720.00
£1,803.49
Surplus/(Deficit) for year
-£1,803.49
Balance b/f from last year
£1,803.49
Balance c/f to next year
£-00
Petty Cash has now been closed.
CASH BOX FOR MUMS AND TOTS- Receipts and Payments Account
2022
Receipts
£-00
Payments
Transfer in to Main Fund
£55.97
£55.97
Surplus/(Deficit)
-£55.97
Balance b/f from last year
£55.97
Balance c/f to next year
£-00
Cash Box for mums and tots has now been closed.
2023
£-00
-
£-00
-
£-00
£-00
£-00
£-00
2023
£-00
-
£-00
£-00
£-00
£-00
TOTAL RECEIPTS AND PAYMENTS FOR 2023
(SUMMARY)
Receipts
Main Fund
Savings Fund
Worker Savings Fund
Worker Salaries Fund
Chapel House Building Fund
Meals Fund
Petty Cash
Payments
Main Fund
Savings Fund
Worker Savings Fund
Worker Salaries Fund
Chapel House Building Fund
Meals Fund
Petty Cash
Surplus/(Deficit)
Balance b/f from last year
Balance c/f to next year
STATEMENT OF ASSETS AND LIABILITIES
Assets
Bank Account, balance in hand
Representing balances on Funds:
Main fund
Savings Fund
Worker Savings Fund
Worker Salaries Fund
Chapel House Building Fund
Meals Fund
Non-monetary assets
Church building (inc Chapel house) : insured value
Manse : insured value
Liabilities*Balance as per last statement
Outstanding Loan for Manse
2022
£132,943.06
£4.16
£28,169.05
-
-
£9,955.69
-
£171,071.96
£163,311.75
-
-
£30,621.79
-
-
£1,083.49
£195,017.03
-£23,945.07
£82,815.14
£58,870.07
2022
£58,870.07
£5,893.36
£9,284.31
£16,928.09
£22,059.90
£2,800.00
£1,904.41
£8,903,253.00
£470,400.00
£17,069.96
2023
£154,415.16
£255.70
£14,179.00
-
-
£18,651.92
-
£187,501.78
£133,336.24
-
-
£21,451.22
-
-
-
£154,787.46
£36,514.32
£58,870.07
£91,584.39
2023
£91,584.39
£11,081.37
£45,186.52
£28,431.17
£1.00
£6,600.00
£284.33
£8,903,253.00
£470,400.00
£8,943.62 *

NOTES TO ACCOUNTS

1 Bill Refunds
Church gas and electric refund
Tesco refunds
Asda refunds
Amazon refunds
Other refunds
2 All Employees Staff Wages
Net core staff stipend from Main Fund
Net worker stipend from Worker Salaries Fund
All Employees NI and Income Tax
All Employers/Employees contribution to NEST pension scheme
3 Regular bills for Church, Chapel House and Manse
Utilities (gas and electric)
Council Tax
Telephone and Internet
Insurance
Water
Manse Loan Repayments
Photocopying
Other regular bills
4 Building Repairs
Church electrics and PAT testing
Church boiler, central heating repairs and plumbing
Church fire extinguishers and fire safety
Church kitchen equipment/rennovation
Church cooker repairs
Church roof repair
Church lock and keys
Church asbestos survey
Carpet clean for the church hallway and main church
Manse building repairs
Manse new boiler and renovations
Other church building repairs
2022
£195.49
£171.72
£61.75
£45.67
£844.55
£1,319.18
2022
£31,117.85
£29,871.79
£7,778.99
£5,868.01
£74,636.64
2022
£10,361.45
£3,046.58
£1,080.00
£5,296.50
£1,643.29
£1,968.78
£808.80
£6,714.04
£30,919.44
2022
-
£561.07
£186.37
£644.48
£220.80
£36,643.67
£24.00
£660.00
£353.68
-
£4,689.98
£713.87
2023
-
£238.35
-
£162.88
£253.31
£654.54
2023
£33,264.22
£21,151.22
£7,225.91
£6,432.05
£68,073.40
2023
£12,710.31
£2,239.80
£899.40
£6,001.12
£1,208.80
£9,093.83
£1,424.51
£3,545.48
£37,123.25
2023
£388.40
£2,926.37
£144.30
£824.24
-
-
-
-
£365.00
£1,000.00
-
£2,592.41
5 Miscellaneous *
Office supplies, stationary, books and advertising
Computer Tech
Tesco (food) supplies
Amazon supplies
Bookers supplies
Other supermarkets (food) supplies
Church holiday deposit
Church holiday payment
Staff conferences, travel and accommodation
Audit fee
Miscellaneous
£44,697.92

*These are the miscellaneous items for the year 2023. 2022's breakdown has been omited for clarity.