Foundation Christian Fellowship, Wamiinster Unaudited financial ststements 31 March 2024 Chaiity Regislrntion 298891
Foundation Christian Fellowship, Wamiinster Legal and administrdtive infonnation Legal and Administrats"ve Information Consb'tub'on Foundab"on Christian Fellowship is a Chattty govemed by a Trust Document dated 17 March 1988. The registered Charity number is 298891. Trustees The Iruslees of The Charity during the financral year bw.ng reported are.. Pastor Timothy Ramsay Rev Janet Wood Rev Stephen Wood Appointment of Trustees The Trustees, besides the powers conferred upon them by Ststute may, by wrrting. appoint an addib.onal Trustee or additional Trustees anyb"me. The minimum number of Trustees required shall be three. Every new Trustee shall sign an acknowledgement that he or she subscribes without reservation lo the doctrines of The Charity. Every such additional Trustee so appointed shall have the same powers. authorities, and disGTetions as if he or she had been originally appointed as one of the Trustees of this Deed. Registered Address FoLJndation Christian Fellowship. 11 Marbn CresL Wamiinster. Wiltshire, BA12 8DR. Independent Examiners Berkeley Lifford Hall, Greengate House. Pickw"ck Road. Corsham. Wiltshire. SN13 9BY Bankers HSBC, 46 Fore Street, Trowbridge, Wiltshire, BA14 8EL. Page 1
Foundation Christian Fellowship• Warminster Trustees and other infomiation (contlnuedl Tmst Document Re5trith"ons Para. 15 Ibl Of reasonable and proper remuneration to any member, officer or servant of'The Charity" Inol being a Tnjstee of Yhe CharilV'} for any services rendered to 'The Charity, save that STEPHEN WOOD while he is a Trustee of 'The Charity. may be paid all reasonable and proper remuneration to which he would be entrtled if he were not a Trustee of "The Charity" and such remuneration shall from tirne to ts.me (subject lo the provision of any agreement betrn him and "The Chariw'l be fixed by the Tru5tee5 and may be by way of fixed salary or by way of retiring salary 01 provision for pension provided thal he shall not be entitled to vote on a Resolution of the Trustees which concems his own appointment as a Trustee of'The Charity. or any such remuneration made or lo be made to him. Rev Stephen Wood receives this remuneration in his p)st as senior Pastor of the church. Investment Powers Under the Trust Document. The Charity has the power to make any investment which the trustees think fit Page 2
Foundation Christian Fellowship, Wamiinster Trustees responsibilities staternent Year ended 31 March 2024 Charity legislab'on requires the Tnjstees to prepare financial statements for each financial year which gNe a true and fair view of the state of the affairs of the Charity at the end of the financial year and of the surplus or deficit for the period. In Preparing these firlancial statements. the Trustees are required to: select suitable accounting policies and then appty them consi5tenUy', make judgments and accounb'ng estimates that are reasonable and prudent and ensure applicable accoLSnting standards have been followed The Trustees are responsible for maintaining adequate accounting record5, for safeguarding the assets of the Charity and for preventing and detecting fraud and other irregularib'es. The Trustees are also required lo indicate where the financial statements are prepared other than that the Charity is a going concern. The Trustees in office throughout the pertod 1 Apnl 2023 to 31 March 2024 were as follows . Rev. Stephen Wood Rev. Janet Wood Pastor Timothy Ramsay Page 3
Foundation Christian Fellowshlp, Warniinster Trustees report Year ended 31 March 2024 ReEx)rt of the Trustees for the year ending 31 March 2024 The Trustees are pleased to present their reFK)rt together with the financial statements of The Charity for the year ending 31 March 2024 Legal and administralNe infomiation set out on page 1 forms part of this report. The financial statements comply with turnt statutory reqtjirements, the Trust Dlment and the Statement of Recommend Practi - Aceounling and Reporb"ng by Charities. Objects of The Charity The TnJ51ees hold the capital and income of the Foundation Chrisb'an Fellowship Trust Fund upon Trust for A. The advancement of the Christian Faith.. and B. The relief of sickness and the preservation arsd protection of physical and mental health. C. The relief of PDvety. Organisation A board of three Trustees. who meet annualty. administer The Charity. Rev Janet Wood and Rev Stephen wc are appointed by the Trustee5 to manage the day-to-day operations of The Charity. Mr Geofftey Samways continues in the post of Assistant Pastor which includes administratwe duties, thereby giving Revs Stephen and Janet more freedom to fvffil their pastoral duties. Financial Powers The degree of financial powers grven to the Rev Janet W¢y)d and Rev Stephen Wood remain as determined by the Trustees that advance approval of the Trustees wll now only be required if the sum exceeds £1000.00. The Charity operates with a General Fund and a Building Fund wthin the accounts. The Building Fund is not designated and is used generalty for building fund purposes, but the tTuslees retain the right lo use the money elsewhere rf necessary. Related Parties The Charity is a member of Churches Together in Wamiinster, and a recommended church through Kenneth Copeland Ministries wthin the United ngdOM. Page 4
Foundation Christian Fellowship, Wamiinster Report of the TnteeS Yoar ended 31 March 2024 Rewew of Charity Actiwties Church Services During this financial year. The Charity held regular Sunday worship services in the Sancluary of Grace Christian Centre . A Weekly Prayer Meeting lakes place every Tuesday in Grace Christian Cenlre. Plus monthly Prayer Night on the last Thursday of the month. The Charity had a number of vtsiting guest ministers from around the U David and Faith Dalley from Bath ministered in September 2023. Pastor Frank Amoako-Gyampah from London ministered in October 2023. John and Sue Whitehouse from Dudley ministered in November 2023_ Pastor Timothy Ramsay from Luton ministered in January 2024. Tony and Julie Sheard from Bath ministered in February 2024. Mike Ellis from Weston-SuFer-Mare ministered in March 2024. Registered for Marriages On 23rd April 2012 Gra chrisb.an Centr8 was fulty registered as an official Place of Worship. It was also gIStered for the Solemnisation of Marriages on the same date. During 2018, Pastors Stephen and Janet Wood and Assistant Pastor Geoff Samways, were listed wrth the Register Office as Registered Persons for the Solemnisation of Marriage. A marriage took place in Grace Christian Centre 29th Janaury 2024 belween Lalaine Pepilo and Lars Thalmann, the wedding was 2 blessing for all who attended. The year's other events included.. None. Men's Meetings. There were no in person Men's meetings. Churches Together in Wamiinster. The church continues lo play an active part in C.T.W. Assistant Pastor Geoff Samways being the Treasurer. The Street Pastors scheme continues in Wamiinsler. Pastor Geoff Samways is an active member. Rev. Stephen Wood has now resigned as Treasurer after serrving for ten years. Further Ministry to the people of Wamiinsier. The Charity is on a Rola of churches providing a Sunday Service slot on the local radio. This radio now has a licence to transmit to Ihe peopte of Waminsler and the local area. The message was sent to the station by email for broadcasL The visits lo Henford House continue to take place fortnighty- We also have a service in Ashford House, another care home . once a month. The Charity is involved wth the Christian Ad Week in May_ This includes promoting the week and arranging collectK)n of donations. The Charity supports a venture in WaFrnirbSter called Cornerstone. This is an outreach to the disadvantaged in WaTminsler. providing them with support and guidance, including help with the use of online systems for benefits and claims. Pastor Geoff Samways is one of the Trustees of the Comerstone charity and is also onsite once every weeks to assist any clients that call in to Comerstone. Page 5
Foundatlon Christian Fellowship. Warn7inslor Report of the Trustees Year ended 31 March 2024 The Charity runs Precious Ones, a free weekly baby and toddler group for the community. This was held for most of the cutrent period_ The Charity now wod(s with tsvo chafitses called NeNJhbourty and Fare5hare. Both charities allow us lo collect surplus stock that is atx)ul to go out of dale. The charity collects this surplus and delivers tt to those in need in Warminster. Neighbourly liaise with the Lidl food store where we collect food on a Fnday. Fareshare provide a similar Servi on Sundays from the local Tesco and Waitrose stores. All this surplus food is gratefully received. Church-R(Jn Courses. The Life-skills course run by The Charity is still being taught to many people tth wthin and outside the church. These are life<hanging for those attending. The course conb.nues to be run by the Pastors and attendance will remain tree of charge. The Charity's own 'Foundation Class, course is still being offered to newcomers to church. Conferences There were no conferences during this reporting penod. Oulreaeh There was no outreach during this reporting period. Income Income from church members was £137.727. This Included online donations of £320_ The Inland Revenue Gift Ad retum. received for the year was £29.967. Total Income £173.975. Gifts lo the poor. Giving lo persons in necessrtous circumstances this year totalled £36 which provided baby nappies and baby clothes. The church also runs its own Fooxybank. those in need are supplierj fox)d for their family. Love Gifts. Many love gifts to individL¢als were financial. totslling £6,886, to bless people both within and outside the church. Both those who have been a blessing lo the church and those in financial need. Including help wth the costs of Iwo member family funeral¥. What?_ Wamiinster Help and Action Team Estsblished in October 2002, What? is an outreach of The Charty A ministry that meets the needs of people including foL%£, clothing, fumiture. comfort etc. It is financed by the Gifts to the Poor account aVe. Page 6
Foundatlon Chrisllan Fellowshlp, Wam)inster Report of the Trustees Year ended 31 March 2024 Monthly Missions SupwrL Action Aid and Dr Barnardos to help chiklren in each case. A bi-monthly offering is taken for Joseph Storehouse. A ministry based in Jerusalem and ministering to the poor there, including school supplies for children. The total amount donated to Joseph Storehouse during the year was £1176.40. The God Channel- Christian TV programme to support their ongoing ministy. Christian collected and ¢Jonated was £235. The total missions giving for the year vrds £4.216. Salaries Rev Stephen Wood re¢Ve$ remuneration as the senior Pastor of the church. The Trustees have set the salary of Rev Stephen Wwd at £2500 per month. Secretarial wages are cuffenlly set at £150 per week. Assistant Pastor Geoffrey Samways is now receiving £28.104 per annum. The Employers National Insurance contribub'on for the year was £507. This reduced figure is due to the Government alkiwance inGrea5ing to £5000.00 Pension Scheme - 5 /0 from each employee plus 3Yo from FCF as the employer. Vehicles. The Charity only has one vehicle now, the Freelander. Church Building. The building at Woodcock Road is called the Grace Christian Centre and is the home of FCF. A five year Lease has been agreed al £22,000 running from February 2020 to February 2025. The maintenance charge was £2,577 and the annual insurance cost. after a rebate from the previDUS year was £972. Health and Safety The Trustees are conversant yh the Heath and Safety Executive guidelines and have instTUCted Rev Stephen and Rev Janel Wood to ensure these are implemented throughout The Charity. The Health and Safety Policy Statement is approved by the Tnjstees. Page 7
Foundation Chri51ian Fellowship, Wamiinster Report of the Trustees Year ended 31 March 2024 Risk Assessment. The Trustees of The Charity acknowledge their resFonsith'lty in the entifiCatiOn, assessment, review and control of major risks faced by The Charity. The Trustees confirm that a risk management strategy and plan is in place. Child Protection Policy The Charity has enrolled wf(h the Churches Child Pmtection Agency Service as its Umbrella Body. Now known as Thity-one Eight,. lo obtain Crirninal Records Disclosures for those working with children. A Child Prolecbon Policy for The Chartty has been approved by the trustees. Presentabon of the Accounts The Accounts for the yeai to 31 March 2024 were psented io the Trustees and approved. Date of Appmval . 4 October 2024 Signed by '. Pastor Timothy Ramsay Rev Janet Wood Rev Stephen Wood Page 8
Foundation Christian Fellowship, Wamiinster Independent ExamSne*s Report to the Trustees of unaudited statutory financial statements of Foundation Christian Fellowshipj Wamiinster Year ended 31 MaKh 2024 I report on the accounts of the Trust for the year ended 31 March 2024. which are set out on pages 10 to 16. Respecttve responsibilities of trustee and examiner The charity's trustees are reswnsible for the preparation of the accounts. The charitys trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 {the Charities Act) as that an independent examination is needed. 11 is my responsibility to examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the General Directives gwen by the Charities Commissioners {Under section 145(5)Ibl and to slate whether particular matters have come to my attentn. Basis of independent examinerfs report My examination was carried out in accordance wth the General Directions given by the Charity Commissioners. An examination include a review of the a¢¢ounting 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 explanats.on from you as truslees conceming any such matters. The procedures undertaken do not prowde all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Independent examinerfs statement In connection wtth my examinakn"on, no matter has come to my attention ' 111 which gives me reasonable cause to believe thaL in any material respect the requirements . lo keep accounting records in accordance wf(h section 130 of the chanb.es Act and to prepa accounts which accord with the aeeounting records and comply with the accounting requirements of the Charib'es Act have not been mel.. or 12) to which , in rny opinion , attention should have been drawn in order to enable a proper understanding of the aoUnts lo be reached. M A Moledina Berkèley Lifford Hall Greengate House Pickw¢k Road Corsham SN13 9BY 20 Page 9
Foundation Christian Felk>wship. Warminstsr Detsiled income statement Year ended 31 March 2024 2024 2023 Incoming resources Income from giving {Nole 4) Events and A¢livrties (Note 5} Income from investments (Note 61 172,694 1.275 129,312 628 173,975 129,942 Resources expended Donations lo charities and missions (Note 7) Other donations relatirig to wort( of the church Education and youth work Training aid and books Housing Expenses Church rent Insurance 14,2161 {6,926) 1231) 12,9801 13,300) 1132} 15161 110,2001 15,4211 121,955} {2,3791 19.4501 17,2391 121,515) {2,072) {51.6491 146,8831 Servi¢e expenses Salary Transport costs Hospitality Events visiting ministers Depreciation of tangible assets Revaluation of tangible assets {58.1041 12,1671 (3,2381 {5,0561 (2,0321 158,1041 11,8711 11,6571 {3,428} 16131 {2331 Administrative expens•s Secretary's salary Employerfs social security contributions Pension costs Repairs and maintenance Printing, postage and stationery Advertising Telephone Computercosts Accountancy fees Bank charges General expenses Subscriptions Gainlloss on disposal of tangib assets {7,800) 1508} 18431 13,3451 16251 1971 {4,236) 1218) {2,130) 1346) {7,800} 1799} {8431 13.3501 (4661 1961 14,447) 1309} {2,064) 15831 1311 17171 1995) 1266} {92,006) 187.4111 Page 10
Foundation Christian Fell¢)wship. Warminster Detailed income statement (continued) Year ond•d 31 Mah 2024 2024 2023 Surplus (Deficit) 30.320 14,3521 Net movemgnt in funds 30.320 {4,352} Total fund5 brought fOard Total funds carried fOard 1618) 3.734 29702 {6181 Page 11
Foundation Christian Fellowship, Warniinster Statement of financial posillon 31 March 2024 2024 2023 Fixed assets Tangible assets 8,234 3,238 8.234 3,238 Current assels Debtors Cash at bank and in hand 9.010 15,940 6.898 1,224 24,950 8,122 Creditors: amounts falling due within one year 13,4821 111,978} Net current assetsllliabilities) 21,468 (3.8561 Total assets less current liabilltles 29,702 16181 Net assetsllliabilltiesl 29,702 16181 Unrestricted Income Funds . General Purpose Fund 29,702 1618} 29.702 1618} Approved by the Trustees on 4th October 2024 And signed on their behaw by '. Chairman Page 12
Foundation Christian Fellowship, walSter Notes to Ihe financial statements Year ended 31 Mar¢h 2024 Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of rtain financial assets and liabilib.es and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling. which is the functional currency of the entity. Tangible assets Tangible assets are initialty recorded at ¢osL and are subsequenty stated at cost less any accumulated depreciation and impaimient losses. Any tangible assets carried at revalued amounts ate recorded at the fair value al the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impaimient losses. An increase in the Carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves. except to the extent il reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the arrying amount of an asset as a resuK of revaluation is recognised in other comprehensive income lo the extent of any previously re¢ognised revaluation increase accumulated in ¢apitsl and reserves in respect of that asset. Where a revaluation decrease eXedS the accumulated revaluation gains aceumulated in capital and reserves in respect of that asset. the excess shall be recognised in profit or loss. Depreciation Depreciation is calculaled 50 a5 to write off the cost or valuation of an asset, les5 its residual value. over the useful economic life of that asset a5 follows= If there is an indication that there has been a signikant change in depreciation rate, useful life or residual value of tan9ible assets. the deprecth.on is revised prospectively to reflect the new estimates. Tangible assets Plant and Fixtures. machinery fittings and equipment Motor vehicles Total Cost At 1 April 2023 Addition5 Disposals 4.105 143 19.603 2.151 {721 2,000 5,000 {2,0001 25,708 7.294 12,0721 At 31 March 2024 4,248 21,682 5,000 30,930 Depreciation At 1 April 2023 Charge for the year Disposals 3.612 128 17.124 654 {72) 1,734 1,250 (1.7341 22,470 2,032 11,8061 At 31 March 2024 3.740 17,7 1.250 22,696 Carrying amount At 31 March 2024 508 3,976 3.750 8,234 At 31 March 2023 493 2,479 266 3,238 Page 13
Foundation Christian Fellowship. Wannin5ter Notss to the financial statements {conlinued) Year ended 31 March 2024 Debtors 2024 2023 Other debtOTS 9,010 6.898 Creditors: amounts falling due within one year 2024 2023 other creditors 3,482 11,978 Movement of unrestricted income funds General Purpose Designated Building Fund Total At 1 April 2023 Income resources Resources expended {618) 173975 143655 {6181 173975 143655 31 March 2024 29702 29702 Anal sis of net assets funds General Purpose Designated Building Fund Total Fixed assets Net current assets 8234 21468 8234 21468 29702 29702 Page 14
Foundation Christian Fellowship, Waminster Notes to the financial ststements (continued) Year ended 31 March 2024 Income from ivin 2024 2023 Gift aid offerings Other offerings Tax cOvered Sundry donations Building fund donations Hospitality donations Nochex Sumup Wonderful Vehtcle 113623 23404 29967 380 84037 19620 23402 336 21 1876 10 10 320 5000 172,694 129312 Events and activities 2024 2023 Book stall sales Events Income 508 120 1275 1275 628 Investment income 2024 2.023 Interest receNed Page15
Foundation Christian Fellowship, Warniinster Notes to the financial statements leontinuedl Year ended 31 March 2024 Donations to Charities and Missions 2024 2023 Dr Bamados Iraqi Christian5 Sponsored Children Others 240 180 357 3439 240 180 341 2219 4216 2980 Other donations relalin lo the work of the church These donatv)ns are comprised of many small sums paid lo wstti'ng speakers and to a number of people in immediate need of financial assislan. Page 16