INSKIP BAPTI￿ CHURCH CHARITABLE TRUST REPORT AND FINANCIAL STATEMENTS YB4R ENDED 31 DECEMBER 2023 CHARITY NUMBER 500675 INSKIP BAPTisf CHURCH CHARITABLE TRUST YEAR ENDED 315t DECEMBER 2023 CONTENTS PAGES Trustees, Annual Report Independent Examinerfs Report Receipts and Payments Account Statement of Assets & Liabilitiesat the end of the year INSKIP BAPTIS[ CHURCH CHARITABLE TRusr YEAR ENDED 31st DECEMBER 2023 TRUSTEES, ANNUAL REPORT Page 1 The trustees have pleasure in presenting their reporL and the unaudited financial Statements of the charity for the year ended 31 December 2023. REFERENCE AND ADMINISTRATIVE D￿AlLs Charlty name.. Inskip Baptist Church Other names charity is known by.. Charities for the Mi nister of the Particular Baptist Chapel Inskip Charity registration number 500675 Address Preston Road Inskip Preston PR4 Oft Minister Rev David S Earnshaw - until October 31 st 2023 Names of the charity trustees who manage the charity.. Trustee name Office (if any) Dates acted if not for whole year Martin Brennan 1.1.23- 2.2.23 Mark Cookson 1.1.23-11.8.23 John Hamill 1.1.23- 19.3.23 Liz Mahon Secretary 1.1.23- 27.2.23 Les Meiring Terry Smith sistant Treasurer and Acting Secretary Acting Secretary from 28.2.23 Names of the land & propety trustees for the charity.. Martin Brennan Neil Lewis Les Meiring Terry Smith RUCTURE, GOVERNANCE AND MANAGEMENT The charity is governed by a Trust Deed dated 161h October 1817. The charitys constitution is that of a Charitable Trust. The Trustees of the charity comprise the Elders and Deacons. The Trustees of the charity are appointed by the Church Members as recommended by the existing Trustees. INSKIP BAPTIST CHURCH CHARITABLE TRU YEAR ENDED 31st DECEMBER 2023 TRUSTEES, ANNUAL REPORT (CONTINUED) Page 2 OBjE￿IVEs AND A￿1VITIEs Summary of the objects of the charity set out in its governing document.. To permit the said Chapel or Meeting House to be used occupied and enjoyed as a place of Public Religious Worship in accordance with the Statement of Faith defined in the Trust Deed. Summary of the main activities undertaken for the public benefit in relation to these objects.. Sunday Services for Public Worship Midweek meetings for Public Worship and Christian teaching Special events for Public Worship and Christian teaching. The Trustees have had regard to the guidance issued by the Charity Commission on Public Benefit. ACHIEVEMENTS AND PERFORMANCE Summary of the main achievements of the charity during the year.. SepJices for Public Worship were held every Sunday and on Good Friday, Easter Sunday and Christmas Day. Regular ministry continued using the Church website. Regular meetings for Bible study, Christian teaching and prayer. All these meetings and activities were open to the general public and were well supported given the limitations due to the ongoing Covid 51tuation. FINANCIAL REVIEW Any significant reserves held by the Charity are normally invested in a managed fund. The total assets of the Charity are monitored by the Trustees to ensure that there are always sufficient funds to meet all known liabilities. Members and regular attendees continued to provide financial support but10ss of some members resulted a need to restrict Mission support donations later in the year. Funds remain healthy following the resignation of the Pastor at the end of October. INSKIP BAPTIST CHURCH CHARITABLE TRusr YEAR ENDED 31st DECEMBER 2023 TRu￿EES, ANNUAL REPORT (CONTINUED) Page 3 TRu￿EES, RESPONSIBILITIES ￿ATEMENT The trustees are responsible for preparing the trustees, annual report and the financial statements in accordance with applicable law and regulations. The trustees have prepared financial statements in accordance with Charities SORP FRS 102. The trustees are satisfied that they give a true and fair view of the state of affairs of Inskip Baptist Church and the income and expenditure of the charity for that year. The trustees are responsible for keeping adequate accounting records th2t are sufficient to show the charityls tra nsactions and disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. INDEPENDENT EK4MINER A resolution to appoint Mr N Smith FCCA of Rotherham Taylor Limited as independent examiner for the ensuing year will be proposed at the annual general meeting. DECLARATION The trustees declare that they have approved the trustees, report above. Signed behalf of the charitys trustees Terence Smith Assistant Treasurer and Atting Secretary Leslie Meiring Deacon 17 M 4.n Ioif.-..... INSKIP BAPTIST CHURCH CHARITABLE TRUST YEAR ENDED 31 St DECEMBER 2023 INDEPENDENT EXAmINE￿s REPORT Page 4 Independent Examiners Report to the Trustees of Inskip Baptist Church I report to the trustees on my examination of the accounts of Inskip Baptist Church ('the charity) for the year ended 31 $1 December 2023 which comprise the summary of receipts and payments and the statement of assets and liabilities. This report is made solely to the charitls trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charitvs trustees those matters l am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charitls trustees as a body, for my work, for this report, or for the opinions I have formed. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'l. I report in respect of my examination of the charitls accounts carried out under section 145 of the Att and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently l express no audit opinion on the accounts and my report is limited to those specific matters set out in the independent examinerfs statement. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: > accounting records were not kept in respect of the charity as required by section 130 of the Att,. or > the accounts do not accord with those records. 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 t be reached. Mr N Smith BA (Honsl FCCA Independent Examiner Rotherham Taylor Limited 21 Navigation Business Village Navigation Way, Ashton on Ribble Preston, PR2 2YP 17 INSKIP BAPTI￿ CHURCH CHARITABLE TRUST YEAR ENDED 31st DECEMBER 2023 RECEIPTS AND PAYMENTS ACCOUNT Page 5 Unrestricted funds Restricted funds Endowment funds Total funds Last year Receipts Offerings 44,070 44,070 54,297 Other Income Investment Income 12,782 105 12,782 105 13,881 20 Total Receipts Payments Ministerial Staff Costs & General Ministry Expenditure 43,856 43,856 44,995 Utilities & Insurance 5,114 5,114 4,634 Computer & Technology 570 570 812 Licensi ng 582 582 552 Cleaning & Maintenance 1,609 1,609 7,110 Missions 7,600 7,600 13,629 Miscellaneous 1,091 1,091 2,121 Sub totul 60,422 60,422 73,853 Asset & Investment purchases, etc Equipment Total payments 2,411 60,422 60,422 76,624 Net of Receipt￿ (Payments) {8,066) Cash funds last year end 24,204 24,204 32,270 Cashfvnds thisyear end 20,739 20,739 24,204 INSKIP BAPTIST CHURCH CHARITABLE TRUST YEAR ENDED 31st DECEMBER 2023 ATEMENT OFASSETS AND LIABILITIES AT THE END OFTHE YEAR Page 6 Details Unrestricted funds Restritted funds Endowment funds Cash funds Natwest Bank Accounts 20,739 Total Cash Funds 20,739 Details Funds to which asset belongs Cost Current Value (optional) (optional) Assets retained for the charitys own use Land and buildings Unrestricted Furniture, fixtures and fittings Unrestricted Detsils Funds to which Amount due liability relates (optional) When due (optional) Liabilities PAYE Wages Unrestricted Unrestricted These their beh ancial statements were approved by the trustees on the l? and are signed on Terence Smith Assistant Treasurer