Registered Charity Number 1002998 ## **THE COMMUNITY OF CHRIST PRINCE OF PEACE** **TRUSTEES’ ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020** ## **Trustees’ Annual Report for the period** ## **From 1 January 2020 to 31 December 2020** ## **Charity name: The Community of Christ Prince of Peace** ## **Charity registration number: 1002998** ## **Objectives and Activities** ||SORP
ref|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para
1.17|To advance the Christian religion in conformity with
the doctrines and practices of the Roman Catholic
Church and, in particular (but without prejudice to the
generality of the foregoing):
(1) to establish and maintain a community under the
name of the charity;
(2) to promote and organise an annual Christian
conference at Walsingham, Norfolk; and
(3) to promote and organise other Christian
conferences, seminars, meetings, celebrations,
camps, processions, pilgrimages, evangelistic
activities and other events.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para
1.17
and
1.19|The charity has established a community to organise
events that aim to help meet the spiritual needs of
attendees in accordance with the teachings of the
Christian faith.
Due to the Covid-19 pandemic, many of the charity’s
events this year, including its conference at
Walsingham, were held on-line.
Attendance at both physical and virtual events
organised by the charity is normally offered free-of-
charge; attendees are, however, asked to consider
making a donation to cover the charity’s expenses.
Sometimes, to facilitate attendance, the charity
offers optional services (such as accommodation
and transport) for which a charge is made.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para
1.18|In determining the charity’s activities, the trustees
have had regard to the guidance issued by the
Charity Commission on public benefit.| 1 ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| ||SORP reference|| |Policy on grant making|Para 1.38|| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|During the year, the Community promoted
the spiritual welfare of its members and the
general public by:
(1) organising its annual conference,
known
as
New
Dawn,
at
Walsingham, Norfolk. This year it
was virtual and experienced by
over
one
hundred
thousand
pilgrims. In 2019, the conference
was an in-person event attended by
1,900 people; and
(2) organising, throughout the year
(physical until March 2020 and
thereafter virtual), prayer meetings,
teaching sessions, healing services
and retreats.
The Community is grateful to its many
volunteers, without whom it could not
operate.| 2 ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity’s results show a surplus of £15,638
(2019: deficit of £12,136) for the year and, as a
result, unrestricted funds rose to £18,064 (2019:
£2,426).| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The trustees’ Reserves Policy is to hold
sufficient funds to cover six months’ expenditure.
Reserves are the funds a charity has freely
available to spend on any of its purposes; they
amounted to £14,000 at the balance sheet date.
This figure is arrived at by deducting the tangible
assets from the charity’s total funds of £18,000.
The trustees acknowledge that the charity’s
Reserves are £4,000 less than their policy
requires and have put measures in place to
address this.| |Amount of reserves held|Para 1.22|Unrestricted reserves stood at £18,064.| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: The charity’s principal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 3 A description of the principal risks facing the charity Para 1.46 ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document|Para 1.25|Trust Deed dated 26 June 1990| |How is the charity
constituted?|Para 1.25|Trust| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Appointed by existing trustees| **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|The charity works closely with Mystical
Rose (charity number 1127579), a
charity with similar objectives. Gary
Stephens is a trustee of both charities.
During the year, Mystical Rose donated
£329 to The Community of Christ Prince
of Peace.
The charity has a rent-free office at Gary
Stephen’s home.| 4 |Other – Impact of Covid-19
on the charity||The Covid-19 virus has continued to
impact the charity since the year-end, as
explained below.
Due to the restrictions and uncertainty
around
Covid,
the
New
Dawn
Conference at Walsingham did not take
place again in 2021. However, the
charity did deliver a ‘virtual conference’
in August 2021, live from the Shrine of
Our Lady of Walsingham.
The charity has not received any
financial support from the Government
or other similar sources, but the trustees
are continuing to investigate whether
any such support is available.
The charity has greatly reduced its
outgoings by moving to Manchester
during the year. Furthermore, the
trustees have agreed that the charity will
continue to restrict its expenditure to
what
is
absolutely
essential.
The
charity’s Reserves are being monitored
by the trustees.
Through good financial planning, the
charity has enough reserves to meet
forecasted essential expenditure in
2021. However, the charity will continue
to seek other sources of revenue during
this time. Strict financial reviews are
conducted by the trustees, with the
emphasis on cost minimisation and
conserving and improving sources of
income.
The
charity
anticipates
receiving a legacy of £11,000 in 2021.
Based on the above, the trustees
believe that the charity will continue to
operate for at least the next twelve
months.| |---|---|---| ## **Reference and Administrative details** |Charity name|The Community of Christ Prince of Peace| |---|---| |Other name the charity uses|| |Registered charity number|1002998| |Charity’s principal address|Broad House
1 The Broadway
Old Hatfield
Hertfordshire
AL9 5BG| 5 ## **Names of the charity trustees who manage the charity** |1
2
3
4|**Trustee name**|**Office (if any)**|**Dates acted if not for whole year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Fr P Sayer|||| ||Rev P Deegan|||| ||Mr G T Stephens|||| ||Mrs J M Stephens|||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets 6 ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **Signature** Mr GT Stephens **Full name** Mr GT Stephens **Position (eg Secretary,** Trustee **Chair, etc) Date** 26 October 2021 7 |THE COMMUNITY OF CHRIST PRINCE OF PEACE|THE COMMUNITY OF CHRIST PRINCE OF PEACE|THE COMMUNITY OF CHRIST PRINCE OF PEACE|1002998||**CC17**| |---|---|---|---|---|---| |Annualaccountsforthe year|||||| |Period start date|01/01/2020|**To**|31/12/2020||| ## **Section A Statement of financial activities** |**Recommended categories by**
**activity**
Guidance Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Investments
S04
S07
**Resources expended (Note 5)**
**Expenditure on:**
Charitable activities
S09
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
S17
S20
**_Reconciliation of funds:_**
S21
S22
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**_Total_**
**_Net movement in funds_**
Total funds brought forward|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05| |---|---|---|---|---|---| ||45,668|7,000|-|52,668|214,793| ||-|-|-|-|40,848| ||-|-|-|-|-| ||45,668|7,000|-|52,668|255,641| ||||||| ||30,030|5,000|-|35,030|265,777| ||-|2,000|-|2,000|2,000| ||30,030|7,000|-|37,030|267,777| ||||||| ||15,638|-|-|15,638|(12,136)| ||-|-|-|-|-| ||15,638|-|-|15,638|(12,136)| ||-|-|-|-|-| ||15,638|-|-|15,638|(12,136)| ||||||| ||2,426|-|-|2,426|14,562| ||18,064|-|-|18,064|2,426| 1 ## **Section B Balance sheet** |Guidance Notes
**Fixed assets**
**Intangible assets (Note 15)**
B01
**Tangible assets (Note 7)**
B02
**Heritage assets (Note 16)**
B03
**Investments (Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks**
B06
**Debtors (Note 8)**
B07
**Cash at bank and in hand (Note 10)**
B09
**_Total current assets_**
B10
**Creditors: amounts falling due within**
**one year (Note 9)**
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Restricted income funds (Note 11)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**_Total funds_**
B21|**Unrestricted**
**funds**
**£**
F01|
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
F02
F03|
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
F02
F03|**Total this**
**year**
**£**
F04|**Total last**
**year**
**£**
F05| |---|---|---|---|---|---| ||-|-|-|-|-| ||4,051|-|-|4,051|5,401| ||-|-|-|-|-| ||-|-|-|-|-| ||4,051|-|-|4,051|5,401| ||||||| ||-|-|-|-|-| ||3,503|-|-|3,503|2,767| ||10,663|-|-|10,663|5,082| ||14,166|-|-|14,166|7,849| ||||||| ||153|-|-|153|10,824| ||||||| ||14,013|-|-|14,013|(2,975)| ||||||| ||18,064|-|-|18,064|2,426| ||||||| ||18,064|-|-|18,064|2,426| ||||||| ||-|-|-|-|-| ||18,064|-|-|18,064|2,426| ||-|-|-|-|-| ||18,064|-|-|18,064|2,426| Signed by one or two trustees on behalf of all the trustees |Signature|Print Name|Date of
approval
dd/mm/yyyy| |---|---|---| |Mr GT Stephens|Mr GT Stephens|26/10/2021| 2 **Section C Notes to the accounts** ## Note 1 **Basis of preparation** ## _**This section should be completed by all charities.**_ ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: - the Statement of Recommended Practice: Accounting and Reporting by Charities - • and with*  preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective January 2019. - • and with*  the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) - and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.*  - -Tick as appropriate ## **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ An explanation as to those factors that support the conclusion that the charity is a going _Not applicable_ concern; Disclosure of any uncertainties that make the going concern assumption doubtful; _Not applicable_ Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the _Not applicable_ charity is not regarded as a going concern. ## **1.3 Change of accounting policy** The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2. Yes*  * -Tick as appropriate No* ## _**Please disclose:**_ |**_Please disclose:_**|| |---|---| |**_(i) the nature of the change in accounting policy;_**|_Not applicable_| |**_(ii) the reasons why applying the new accounting policy_**
**_provides more reliable and more relevant information;_**
**_and_**|_Not applicable_| |**_(iii) the amount of the adjustment for each line affected in_**
**_the current period, each prior period presented and the_**
**_aggregate amount of the adjustment relating to periods_**
**_before those presented, 3.44 FRS 102 SORP._**|_Not applicable_| 3 ## **1.4 Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). **----- Start of picture text -----**
Yes* 
* -Tick as appropriate
No*
Please disclose:
**----- End of picture text -----**
**----- Start of picture text -----**
(i) the nature of any changes; Not applicable
(ii) the effect of the change on income and expense or
Not applicable
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or
Not applicable
more future periods.
**----- End of picture text -----**
## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP). **----- Start of picture text -----**
Yes* 
* -Tick as appropriate
No*
**----- End of picture text -----**
## _**Please disclose:**_ **----- Start of picture text -----**
(i) the nature of the prior period error; Not applicable
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item Not applicable
affected; and
(iii) the amount of the correction at the beginning of the
Not applicable
earliest prior period presented in the accounts.
**----- End of picture text -----**
4 **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies 2.1 INCOME** _This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._ |**Recognition of income**
**Offsetting**
**Grants and donations**
**Donated goods**
 the monetary value can be measured with sufficient reliability.
There has been no offsetting of assets and liabilities, or income and expenses, unless required
or permitted by the FRS 102 SORP or FRS 102.
**Contractual income and**
**performance related**
**grants**
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS 102 SORP).
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
**Government grants**
The charity has received government grants in the reporting period
**Legacies**
These are included in the Statement of Financial Activities (SoFA) when:
 the charity becomes entitled to the resources;
 it is more likely than not that the trustees will receive the resources; and
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
**Donated services and**
**facilities**
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
**Tax reclaims on**
**donations and gifts**
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a| |---|---|---|---| ||||| ||Yes
No
N/a||| ||||| ||||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| Page 5 |**Volunteer help**
**Grants with performance**
**conditions**
**2.3 ASSETS**
**Settlement of insurance**
**claims**
**Investment gains and**
**losses**
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their
usage.
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
They are valued at cost.
These are capitalised if they can be used for more than one year, and cost at least
£200.
**Governance and support**
**costs**
**Income from membership**
**subscriptions**
**Income from interest,**
**royalties and dividends**
The charity has creditors which are measured at settlement amounts less any trade
discounts
**Redundancy cost**
**Creditors**
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
**Support costs**
The charity has incurred expenditure on support costs.
No material item of deferred income has been included in the accounts.
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
**2.2 EXPENDITURE AND LIABILITIES**
**Tangible fixed assets for**
**use by charity**
The depreciation rates and methods used are disclosed in note 7.
**Intangible fixed assets**
**Basic financial**
**instruments**
**Grants payable without**
**performance conditions**
**Deferred income**
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS 102 SORP) and are included as an item of other
income in the SoFA.
The charity made no redundancy payments during the reporting period.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 15
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS 102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS 102 SORP.
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a| |---|---|---|---| ||||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| ||Yes
No
N/a||| ||||| They are valued at cost. Page 6 |**Heritage assets**
**POLICIES ADOPTED**
**ADDITIONAL TO OR**
**DIFFERENT FROM**
**THOSE ABOVE**
**Current asset**
**investments**
**Investments**
**Debtors**
**Stocks and work in**
**progress**|Work in progress is valued at cost less any foreseeable loss that is likely to occur on the
contract.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
They are valued at fair value except where they qualify as basic financial instruments.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 16.
They are valued at cost.
The charity has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than
to meet short term cash commitments as they fall due.
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a| |---|---|---|---|---| |||||| |||Yes
No
N/a||| |||||| |||Yes
No
N/a||| |||||| |||Yes
No
N/a||| |||||| |||Yes
No
N/a||| |||||| |||Yes
No
N/a||| |||||| |||Yes
No
N/a||| |||||| |||Yes
No
N/a||| |||||| |||Yes
No
N/a||| |||||| |||Yes
No
N/a||| |||||| |||||| ||**Depreciation policy:**Fixtures, fittings and equipment - straight line over 5 years.|||| Page 7 **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of income** |Donations andgifts
Gift Aid
Legacies
Donatedgoods,facilities and services
Other
**Total**
Amounts received at New Dawn Conference
for accomodation and transport
Sale of books and media
**Total**
Interest income
Dividend income
Rental and leasingincome
Other
**Total**
Conversion of endowment funds into income
**Other information:**
**Charitable**
**activities:**
**TOTAL INCOME**
**Other:**
**Income from**
**investments:**
**Separate**
**Analysis**
**Donations**
**and legacies:**|**Analysis**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**| |---|---|---|---|---|---|---| ||Donations andgifts|40,128|-|-|40,128|167,942| ||Gift Aid|5,540|-|-|5,540|24,851| ||Legacies|-|-|-|-|-| ||Donatedgoods,facilities and services|-|7,000|-|7,000|22,000| ||Other|-|-|-|-|-| ||**Total**|45,668|7,000|-|52,668|214,793| |||||||| |||||||| ||Amounts received at New Dawn Conference
for accomodation and transport|-|-|-|-|39,804| ||Sale of books and media|-|-|-|-|1,044| |||||||| ||**Total**|-|-|-|-|40,848| |||||||| ||Interest income|-|-|-|-|-| ||Dividend income|-|-|-|-|-| ||Rental and leasingincome|-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|-|-|-|-|-| |||-
|-|-|-|-| ||Conversion of endowment funds into income|-|-|-|-|-| |||||||| |||45,668|7,000|-|52,668|255,641| |||||||| |**All income in the prior year was unrestricted except for:**
**(please provide description and amounts)**||See note 12||||| Page 8 **Section C Notes to the accounts (cont)** ## **Note 4 Donated goods, facilities and services** |**Use of property**
**Independent exmainer's fees**||**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| |||-|-| |||5,000|20,000| |||2,000|2,000| |||7,000|22,000| ||||| |**Please provide details of the**
**accounting policy for the recognition**
**and valuation of donated goods,**
**facilities and services.**|See accounting policies||| |**Please provide details of any**
**unfulfilled conditions and other**
**contingencies attaching to resources**
**from donated goods and services not**
**recognised in income.**
**Please give details of other forms of**
**other donated goods and services**
**not recognised in the accounts, eg**
**contribution of unpaid volunteers.**|||| ||None||| ||||| ||The community is grateful to its volunteers.||| Page 9 **Section C Notes to the accounts (cont)** ## **Note 5 Analysis of expenditure** |Filming
Catering
Accommodation
Hire of fields
Advertising
Grants
General expenses
Insurance
First aid
Site management
Other travelling
Telephone
Sacristy
Rent
Retreats
General expenses
**TOTAL EXPENDITURE**
**Total other expenditure**
Independent examiner's fees
**Other**
Telephone
House-keeping
Speakers and related expenses
Computerexpenses
Repairs andmaintenance
Rates and services
Depreciationonequipment
Insurance
**Total expenditure on charitable**
**activities**
Sacristy
Printing, postage and stationery
Music ministry
**Analysis**
**Expenditure on charitable activities:**
New Dawn conference expenditure:
Hire of equipment
Hire of marquee and related furniture
Printing, postage and stationery
Conference transportation
Music ministryand similar
Bank andpaypal charges
Community expenditure:
Utilities
Accountancy|Filming
Catering
Accommodation
Hire of fields
Advertising
Grants
General expenses
Insurance
First aid
Site management
Other travelling
Telephone
Sacristy
Rent
Retreats
General expenses
**TOTAL EXPENDITURE**
**Total other expenditure**
Independent examiner's fees
**Other**
Telephone
House-keeping
Speakers and related expenses
Computerexpenses
Repairs andmaintenance
Rates and services
Depreciationonequipment
Insurance
**Total expenditure on charitable**
**activities**
Sacristy
Printing, postage and stationery
Music ministry
**Analysis**
**Expenditure on charitable activities:**
New Dawn conference expenditure:
Hire of equipment
Hire of marquee and related furniture
Printing, postage and stationery
Conference transportation
Music ministryand similar
Bank andpaypal charges
Community expenditure:
Utilities
Accountancy|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**| |---|---|---|---|---|---|---| ||Hire of equipment|-|-|-|-|63,700| ||Filming|3,623|||3,623|-| ||Catering|1,411|-|-|1,411|1,993| ||Hire of marquee and related furniture|-|-|-|-|50,168| ||Accommodation|5,344|-|-|5,344|26,866| ||Speakers and related expenses|1,425|-|-|1,425|8,000| ||Hire of fields|-|-|-|-|8,049| ||Printing, postage and stationery|215|-|-|215|4,343| ||Advertising|-|-|-|-|342| ||Conference transportation|-|-|-|-|3,160| ||Grants|1,500|-|-|1,500|-| ||Music ministryand similar|466|-|-|466|3,515| ||General expenses|119|-|-|119|1,312| ||Bank andpaypal charges|256|-|-|256|1,267| ||Insurance|-|-|-|-|3,785| ||First aid|-|-|-|-|2,670| ||Site management|-|-|-|-|29,187| ||Other travelling|2,925|-|-|2,925|1,216| ||Telephone|1,045|-|-|1,045|947| ||Sacristy|-|-|-|-|184| ||Depreciationonequipment|1,350|-|-|1,350|1,350| |||19,679 - - 19,679 212,054||||| |||||||| ||Utilities|152|-|-|152|20,744| ||Rent|2,000|5,000|-|7,000|20,000| ||House-keeping|111|-|-|111|905| ||Rates and services|-|-|-|-|4,825| ||Insurance|1,658|-|-|1,658|3,792| ||Repairs andmaintenance|5,845|-|-|5,845|1,887| ||Telephone|75|-|-|75|1,104| ||Printing, postage and stationery|96|-|-|96|226| ||Retreats|130|-|-|130|-| ||Music ministry|-|-|-|-|204| ||General expenses|10|-|-|10|-| ||Sacristy|164|-|-|164|36| ||Computerexpenses|110|-|-|110|-| ||**Total expenditure on charitable**
**activities**|10,351 5,000 - 15,351 53,723||||| |||||||| |||30,030|5,000|-|35,030|265,777| |||||||| |||||||| ||Accountancy|-|1,000|-|1,000|1,000| ||Independent examiner's fees|-|1,000|-|1,000|1,000| |||||||| |||||||| ||**Total other expenditure**|-|2,000|-|2,000|2,000| |||||||| |||30,030|7,000|-|
37,030|267,777| Page 10 **Section C Notes to the accounts** ## **Note 6 Details of certain items of expenditure** ## **6.1 Fees for examination of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_ |**_Please provide details of the amount paid for any statutory external_**
**_scrutiny of accounts and other services provided by your independent_**
**_examiner. If nothing was paid please enter '0' in the appropriate_**
**_box(es)._**||| |---|---|---| |**Other fees (for example: financial advice, consultancy, accountancy**
**services) paid to the independent examiner**
**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**|**This year**
**£**|**Last year**
**£**| ||1,000|1,000| ||-|
-| ||-|
-| ||1,000|1,000| Page 11 **Section C Notes to the accounts (cont)** ## **Note 7 Tangible fixed assets** ## **7.1 Cost or valuation** |At the beginning of the year
Additions
Revaluations
Disposals
Transfers *
At end of the year
****Basis**
**** Rate**
At beginning of the year
Disposals
Depreciation
Impairment
Transfers*
At end of the year
Net book value at the beginning of the
year
Net book value at the end of the year
**7.3 Net book value**
**7.2 Depreciation and impairments**|**Freehold**
**land &**
**buildings**
**£**|**Other land &**
**buildings**
**£**|
**Plant,**
**machinery**
**and motor**
**vehicles**
**£**|**Fixtures,**
**fittings and**
**equipment**
**£**|**Total**
**£**| |---|---|---|---|---|---| ||-|-|-|6,751|6,751| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|6,751|6,751| ||||||| ||SL or RB|SL or RB|SL or RB|SL|| |||||20%|| ||||||| ||-|-|-|1,350|1,350| ||-|-|-|-|-| ||-|-|-|1,350|1,350| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|2,700|1,350| ||||||| ||-|-|-|5,401|5,401| ||-|-|-|4,051|4,051| ## **14.5 Revaluation** Page 12 **Section C Notes to the accounts (cont)** ## **Note 8 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ **8.1 Analysis of debtors Prepayments and accrued income Other debtors** **Total** |**This year**
**£**|**Last year**
**£**| |---|---| |-|441| |3,503|2,326| |3,503|2,767| ## **8.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)** |**Prepayments and accrued income**
**Other debtors**
**Trade debtors**
**Total**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| Page 13 **Section C Notes to the accounts (cont)** ## **Note 9 Creditors and accruals** ## _**Please complete this note if the charity has any creditors or accruals.**_ ## **9.1 Analysis of creditors** |**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts or**
**performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|
-| ||-|-|-|
-| ||-|-|-|
-| ||-|-|-|
-| ||153|2,824|-|
-| ||-|-|-|
-| ||-|8,000|-|
-| ||153|10,824|-|
-| ## **9.2 Deferred income** _**Please complete this note if the charity has deferred income.**_ ## _**Please explain the reasons why income is deferred.**_ |**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|
-| ||-|
-| ||-|
-| ||-|
-| Page 14 **Section C Notes to the accounts (cont)** ## **Note 10 Cash at bank and in hand** |**Note 10 Cash at bank and in hand**||| |---|---|---| |**Other**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**|**This year**
**£**|**Last year**
**£**| ||-|
-| ||-|
-| ||10,663|5,082| ||-|
-| ||10,663|5,082| Page 15 ## **Section C Notes to the accounts (cont)** ## **Note 11 Charity funds** ## **11.1 Details of material funds held and movements during the CURRENT reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ |**_funds_**||||||||| |---|---|---|---|---|---|---|---|---| |**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**| |||||||||| |Unrestricted fund|UR||2,426|45,668|(30,030)|-|-|18,064| |Restricted fund|R|See note 14|-|7,000|(7,000)|-|-|-| |||||||||| |**_Other funds_**|**N/a**|**N/a**|-|-|-|-|-|-| |**Total Funds**|||2,426|52,668|(37,030)|-|-|18,064| Page 16 ## **Section C Notes to the accounts (cont)** ## **Note 12 Charity funds (cont)** ## **12.1 Details of material funds held and movements during the PREVIOUS reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ |**_funds_**||||||||| |---|---|---|---|---|---|---|---|---| |**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**| |||||||||| |Unrestricted fund|UR||14,562|233,641|(245,777)|-|-|2,426| |Restricted fund|R|See note 14|-|22,000|(22,000)|-|-|-| |||||||||| |**_Other funds_**|**N/a**|**N/a**|-|-|-|-|-|-| |**Total Funds**|||14,562|255,641|(267,777)|-|-|2,426| Page 17 Section C Notes to the accounts Icontl Noto 13 Transactlons wlth trustees and related partles If the charity has any tran$a¢tions with rnlatedpartles (other than the trustee expenses explained in guldanco notes) details of such transactions should bg provlded In thls note. If there are no transactions to reporti please enter'fnm" in the box or "Falsa- if thern are transactions to report. 13.1 Trustee remuneratlon and beneffts Nono of th• trust••s hav• been paid any remun•ration OT r•coiv•d any olhor ￿nelIts from an employment with thoir charity or a rolatod ontlty (True or Fal801 TRUE In the period the charity has pald trustees remun•ratlon and benefits. Please give the amount of, and legal authority for, any remungration or other boneflts paid to a trustse by the charity or any institution or company connected with it. Amounts paid or b•nofit valu• This P•n5ion contrlbutlon ear Redundancy Ilncludlng loss of offie•llèx ratla Last ear TOTAL Legal authority {eg order. gov•ming documonti R•munèratlon oth¢r Nam• of Irusloe Please glve details of why remungratlon or other employment benefits warn pald. Where an ex gratla payment has been made to a trustee, provide an explanation ol the nature of the NONE NONE 13.2 Trustees. expenses If the charlty has paid trustees expenses forfulfilling their dutie$. detsil$ of such transactions Should be provided in this note. If thore are no transactions to report ple8$e entsr"True" ITn the box below. If there are transactions to report. please enter"Fals•". No trust00 0xp•n￿* hive been incurr•d {Truo or Fals•} FALSE Type of •xpen808 relmburned This yoar La8t yoar Travel 545 Subsistence Accommodation othor {ploa80 speclfy): TOTAL 545 Ploase provldo tho number of tru8tsa$ rnlmbu¥8od for •xp8n$os or who had 8xponsos paid by the charlty ONE Page 18 13.3 Transactlonls) with related parties Please glve det&lls of any transaction undertaken by for on behamofj th8 charlty In whlch a relatedpaty has a materlal Interest, Including where funds have been held as agent for relatedpartles. M thorn are no such transadions. please enter Yrue. in the box provldod. Th•ro havo bo•n no rnl•t•d party trnn8action8 in th• r•portlng porl¢xl (fruo or Fals•) FALSE Amounts wrltt•n off during r•porting orlod Nam8 of the tTusIo0 or relatsd party Rolatlon8hip to ¢harlty D08CTiPtion of th• tran•a¢tlonl81 Balanco at porfod end Prov181on for bad dobts at porfod •nd Amount Charity a trLtslee has an interest Mystical Rose Donation 329 In relation to the tran$actlon$ above. please pn>vlde the tenns and conditions, Includlng any security and tho nature of anypayment (Consideration) to be provld•d In s•ttlement. None For any related￿rty1 p1th￿e provide details of any guarantees given or rnceived. Nonè Page 19 **Section C Notes to the accounts (cont)** ## **Note 14 Additional Disclosures** **The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.** The charity is very grateful to the Sisters of St Joseph for the rent-free use of premises in Liverpool for the three months to March 2020. £5,000 (2019: £20,000) has been included as a donation and an expense in the accounts in respect of this item. The charity is also very grateful to its independent examiner, Peter McKay, who has kindly provided his services without charge. £2,000 (2019: £2,000) has been included as a donation and an expense in these accounts in respect of this item. Page 20 **Section C Notes to the accounts (cont)** ## **Note 14 Grantmaking** _**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_ **14.1 Analysis of grants paid (included in cost of charitable activities)** |**Analysis**|**Grants to**
**institutions**|**Grants to**
**individuals**|**Support costs**|**Total**| |---|---|---|---|---| ||||**£**|**£**| |New Dawn Zambia|1,500|-|Nil|1,500| ||-|-|Nil|-| ||-|-|Nil|-| |**_Total_**|**1,500**|**-**|**Nil**|**1,500**| ## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_ ## **14.2 Grants made to institutions** |**_My charity has made grants to particular institutions that are material in_**
**_the context of its grantmaking. Details of the institution supported,_**
**_purpose of the grant and total paid to each institution is available on the_**
**_charity's web site._**|**_My charity has made grants to particular institutions that are material in_**
**_the context of its grantmaking. Details of the institution supported,_**
**_purpose of the grant and total paid to each institution is available on the_**
**_charity's web site._**|**_No_**|**_Please provide_**
**_details of charity's_**
**_URL._**| |---|---|---|---| |||**_Yes_**|**_Provide details_**
**_below_**| ||||| |**Names of institution**|**Purpose**||**Total amount of**
**grantspaid £**| |New Dawn Zambia|Truck repairs||1,500| ||||| ||||-| ||||-| |**_TOTAL GRANTS PAID_**
**_Other unanalysed grants_**
**_Total grants to institutions in reporting period_**|||**1,500**| ||||-| ||||1,500| Page 21 ## **Section C Notes to the accounts (cont)** ## **Note 16 Events after the end of the reporting period** _**Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.**_ **Please provide details of the nature of the event** Since the balance sheet date the charity has continued to be affected by the global pandemic, Covid-19 **Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made** While the impact of the pandemic has caused a significant reduction in income for the charity, there have also been reductions and savings in expenditure resulting in the charity's finances holding up under the circumstances. As a result, the trustees believe that the charity will be able to continue for the next twelve months. Page 22 **Independent examiner's report on the accounts** ||**Independent examiner's report on**
**the accounts**|**Independent examiner's report on**
**the accounts**| |---|---|---| ||**Section A Independent Examiner’s Report**|| |**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of report**||The Community of Christ Prince of Peace
31 December 2020
**Charity no**
**(if any)**1002998
One to twenty two of Form CC17
I report to the trustees on my examination of the accounts of the above
charity (‘the Trust’) for the year ended 31 December 2020.
As the charity’s trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011 (‘the
2011 Act’).| I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act 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 2011 Act. ||I report in respect of my examination of the Trust’s accounts carried out
under section 145 of the 2011 Act 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 2011 Act.| |---|---| |**Independent examiner’s**|I have completed my examination. I confirm that no material matters have| |**statement**|come to my attention in connection with the examination which gives me| ||cause to believe that in, any material respect:| ||1. accounting records were not kept in respect of the Trust as required by| ||section 130 of the 2011 Act; or| ||2. the accounts do not accord with those records; or| ||3. the accounts do 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; or| ||4. the accounts have not been prepared in accordance with the Charities| ||SORP (FRS 102).| ||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.| |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**Address:**|PETER MCKAY|26 OCTOBER 2021| |---|---|---| |||| ||PETER MCKAY|| |||| ||FELLOW OF THE INSTITUTE OF CHARTERED ACCOUNTANTS IN
ENGLAND AND WALES|| |||| ||JONES HUNT & KEELINGS, CHARTERED CERTIFIED ACCOUNTANTS
AND CHARTERED TAX ADVISERS, BROAD HOUSE, 1 THE
BROADWAY, OLD HATFIELD, HERTS AL9 5BG|| 1