CHRIST GOSPEL CHURCH OF BUXTON
ANNUAL REPORT FOR THE YEAR ENDED 31[ST] MARCH 2021
Christ Gospel Church of Buxton is constituted by a Deed of Trust and is a registered charity, No. 502627. Its address is 111 Stonesby Avenue, Leicester. Its correspondence address is c/o 7B Church Road, Aylestone, Leicester, LE2 8LB. The charity trustees to the year to 31 March 2021 were:
Mr. David Antony Fawcett Pastor & Treasurer Mr. David Stephen Bray Mr. Ioan Cristian Papa
The objects of the charity are as follows:
1). To teach people to live moral, lawful lives.
2). To continue in our support of the spreading of the Gospel of Jesus Christ world-wide.
The trustees’ policy is to ensure that the above aims are met to the highest possible standards.
With the exception of the Pastor, volunteers staff the charity, with the workload spread amongst some of the senior members.
All funding for the charity is provided by its own members, with those tax-payers usually making their donations by Gift Aid Declarations, with the payments being made on a weekly basis. This ensures that a regular stream of monies is forthcoming, with the annual tax rebate claim being used towards the maintenance / improvements of the charity’s assets, mainly the church buildings and grounds.
It has been a particularly challenging year as the church has spent a good part of the year unable to meet face-toface due to national and local lockdowns due to the pandemic. The church was also closed for a month as most of the church members also contracted covid. So it's
really pleasing to report income is up across most categories and the church finished the financial year showing a surplus.
During the last twelve months: Income from Tithes was up 16% to £19190. Offerings were up 9% to £2247, with First Fruits up 2% to £4046 & Missions up 29% to £1185. Tax rebate on the ‘Deed of Covenants’ was down approximately 25% to £4304, a reflection of the particularly high income from Tithes from two years previous.
No increase in Pastor's basic wage, total cost, including National Insurance & Pension Contributions was £17,402. Expenditure on ‘Repairs & Maintenance’ were down 50% to £3811 as less work was done on the building due to the pandemic. Miscellaneous Expenses decreased by 59% to £871. Missionary Support increased by 32% to £5044 due to an increase in income received. Gas was down 52% due to less usage of building but also a refund was received on previous years over payment & monthly payments reduced. Electricity & telephone have both remained relatively static.
We continue to donate £45 a quarter to Bible-A-Month, which pays for bibles in third world countries & £50 a quarter to Prison Fellowship, which pays towards missionary work inside prisons.
We showed a surplus this year of approximately £1500, this amount was added to our reserves, with the reserve balance in excess of 16 months of expenses.
During the 2021 – 2022 financial year we will continue our active support of Missions and look to maintain the church property where necessary, whilst at the same time actively managing costs.
DAVID FAWCETT 20/04/21 On behalf of the board of trustees
CHRIST GOSPEL CHURCH
INCOME & EXPENDITURE ACCOUNT 1/4/2020 - 31/03/2021
| INCOME | £ | EXPENDITURE | £ |
|---|---|---|---|
| TITHES | 19190.23 | PASTOR'S WAGE | 12303.94 |
| OFFERINGS | 2247.78 | TAX / NI & PENSION | 5098.08 |
| FIRST FRUITS | 4046.11 | GAS | 821.00 |
| MISSIONS | 1185.09 | ELECTRICITY | 1233.09 |
| INTEREST ON SAVINGS | 17.27 | PHONE & FAX | 148.65 |
| TAX REBATE - COVENANTS | 4304.20 | REPAIRS & MAINTENANCE | 3811.28 |
| MISCELLANEOUS INCOME | 1606.24 | MISCELLANEOUS EXPENDITURE | 871.58 |
| CHURCH INSURANCE | 1356.54 | ||
| BRITISH & FOREIGN BIBLE SOCIETY | 180.00 | ||
| PRISON FELLOWSHIP SOCIETY | 200.00 | ||
| JEFFERSONVILLE -SUPPORT MATERIALS ETC | 5044.00 | ||
| TRANSFER TO SAVINGS | 1528.76 | ||
| TOTAL | 32596.92 | TOTAL | 32596.92 |
DAVID FAWCETT, TREASURER 20TH APRIL 2021
Independent Examiner's Report to the Trustees of Christ Gospel Church of Buxton. I report on the accounts of the Trust for the year ended 31, March 2021, which are set out on pages 01 to 02. RpeCtiVe responsibilities of trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts. you consider that the audit requirement of section 43(2) of th¢ Charities Act 1993 (the Act) does not apply.It is my responsibility to state. on the basis of the procedures specified in the General Dir¢ctions given by the Charity Commissioners und¢r section 43 (7)(b) of the ACL whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accoidance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the ac¢ounts presented with those records. It also includ¢s consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such malters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not expres5 an audit opinion on the view given by the accounls. Independent examiner's $tatem¢nt In connection with my examination, no matler has come to my allenlion which gives me reasonable cause to believe that in any material respect the requirements To k¢ep accounting records in accordance with section 41 of th¢ Act. and To prepare accounts which accord with the accounting records and to comply with the accounting requiretnents of the Act have not been met. Mark A. Judd Furnace House Toadhole FurnAee Oakerthorpe Alfreton Derbyshire DE55 7LL 121hMay 2021