**REGISTERED CHARITY NUMBER: 1014476**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **FOR**
## **HAVERING CHRISTIAN FELLOWSHIP TRUST**
Brindley Millen Ltd 167 Turners Hill
Cheshunt Hertfordshire EN8 9BH
**HAVERING CHRISTIAN FELLOWSHIP TRUST**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2021**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|5|
|**Independent Examiner's Report**||6||
|**Statement of Financial Activities**||7||
|**Balance Sheet**||8||
|**Notes to the Financial Statements**|9|to|14|
|**Detailed Statement of Financial Activities**||15||
**HAVERING CHRISTIAN FELLOWSHIP TRUST**
## **REPORT OF THE TRUSTEES**
## **for the Year Ended 31 March 2021**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
**The Objects of the Charity, as Stated in its Declarations of Trust are:**
The advancement of the Christian faith and the worship of God
The relief of persons who are in conditions of need, hardship or distress, or who are aged and sick The advancement of education on the basis of Christian principles
The policies adopted to further the objects of the Church are:
Conducting meetings Running Community Projects Organising activities and groups Working closely with other Christian organisations.
These policies have remained unchanged since the last Trustees' Annual Report.
## **Our vision is**
To bring Heaven to our world through the love, truth, power and presence of Jesus.
## **Our Core Values**
## **As in Heaven**
The authority, power and presence of Father, Son and Holy Spirit is at the centre of everything we are and do. We live life in all its fullness, living naturally supernatural lives.
## **Truth**
We believe the Bible is the inspired living word of God. The Bible and the Holy Spirit continually reveal God's truth and life to us. We find joy in seeing the fruit that the word of God brings to our lives.
## **Loving because we are loved**
God is good, and nothing can separate us from his unconditional love. This sets us free from insecurity and fear, enabling us to love and accept ourselves and empowering us to love others.
## **Freedom with responsibility**
We believe that everyone is free to be who God has created them to be. We encourage everyone to be teachable, to take responsibility for their personal growth and to understand that their actions impact both themselves and others. We learn from our mistakes and put things right if we mess up.
## **Valuing people**
We see everyone through the loving eyes of Jesus, valuing, honouring and empowering people to live in their heavenly identity as royal sons and daughters of God - to fulfil the destiny and purpose that He has for their lives.
## **Blessing our world**
God has called us to be a blessing, transforming our world into a better place. We are committed to positively influence our world, expressing God's love, grace, hope, goodness and joy to everyone we meet.
## **Together we are stronger**
We pursue positive connection with those within and outside of the church, sharing resources, knowledge and vision, to promote the Gospel and improve the quality of life of those living in our community.
## **Giving our best**
God gives extravagantly to us. He gave his best for us. So, whether in our worship, service, thanksgiving or in the use of our energy, time, money and possessions, we believe in generously giving our best.
Page 1
**HAVERING CHRISTIAN FELLOWSHIP TRUST**
## **REPORT OF THE TRUSTEES**
## **for the Year Ended 31 March 2021**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
HCF is affiliated to the Assemblies of God (AOG) of Great Britain and Ireland.
We play an active role in "Across Havering", an interdenominational group linking churches within the Borough of Havering.
HCF is also a member of Churches Together in the UK and Northern Ireland and is affiliated to the Evangelical Alliance, accepting their tenants of faith as our statement of belief.
We also work closely with a local AoG church, which provides practical help e.g. teaching, preaching and access to leadership training.
We seek to express our faith by serving the local community and engaging in social action, as well as providing teaching and a range of programmes and activities for our members and for those outside the church community. Members of the Church are encouraged to play a full part in the outworking of our objectives.
## Hornchurch Centre
Address: 2A Newmarket Way, Hornchurch, Essex RM12 6DS
The Hornchurch Centre is the focal point for the Church, and a centre from which the administration of the Church takes place.
The Centre is currently used for the following activities:
Sunday Worship, Christian Teaching, Fellowship Activities, Christian Baptisms and Administration.
Other community associations and groups also use the Centre on a regular basis.
## Alpha Course
We ran an Alpha course over Zoom from July to October 2020. The course was shorter course and shorter question time due to zoom time restrictions. The online Alpha had an international feel, as people from Uganda and UK met together.
During this Alpha the Prayer team was more evident when we ministered to guest's week by week. We had one person give their life to Jesus for the first time. Others on the team were encouraged to continue their walk with Jesus.
## Prayer
The Wednesday evening prayer meeting continued on Zoom/Google Meet for the period between April 2020 and March 2021. The numbers who joined fluctuate between eight and sixteen people. The main focus remained the pandemic for approximately the first nine months of the year, in the latter months we prayed for the mental health of the nation and local issues.
The pre-Celebration prayer meeting ceased completely during April 2020 and March 2021 due to the COVID restrictions.
## Shining Lights
Due to Covid restrictions, there were no meetings for the children from 1 April 2020 - 31 March. It was decided not to do any online meetings for the children, as it was added pressure for parents of children that were being home schooled.
## Limitless
Due to lockdown, Limitless continued to meet on zoom between the period of April 2020 and March 2021. Although not the most effective method for youth work, it was an important way to keep connected with the young people and to help them in their spiritual development and check in on their mental health.
We had completed an Alpha Course earlier in the year, which we saw a young person from KingsHeart regularly attend. After the alpha finished, he continued to join the zoom calls and we still have a strong relationship with him now.
Throughout this time, we completed various fun challenges to keep young people engaged and did sessions on things like mental health, how to deal with stress and failure and praying for things going on in our lives.
Unfortunately, due to the lockdown all other youth work was postponed until further notice. Things such as Christian unions, mentoring, detached and outreach work was all put on hold during this time.
## Connect Groups
These are our midweek small groups, which are topic based and run for between 6-8 weeks at a time. During the period of this Report, this time was extended in order to provide people with an opportunity to connect with others due to Covid restrictions. Around 55-60% of the church were part of a Connect Group.
Page 2
**HAVERING CHRISTIAN FELLOWSHIP TRUST**
## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2021**
## Daily Devotionals
We began sending out daily devotionals to the church at the start of the pandemic as a way of keeping encouraging people during a difficult time. They proved very popular. Towards the end of the period, we reduced the number of devotionals to three days a week, as people eased out of lockdown and began re-engaging with one another and with normal activities.
## Havering Healing Rooms
Havering Healing Rooms remained shut between April 2020 and March 2021 due to COVID restrictions. However, the Team continued to pray for people who contacted Havering Healing Rooms asking for prayer. We had a number of emails during this time. We also met as a Team on Zoom to pray for each other, and regular up-dates were emailed to the Team.
## Jungle Tots
During this time, Jungle Tots was unable to operate due to the restrictions on meeting together during the covid pandemic.
## Time Out
The aim of the group is to provide an afternoon setting twice a month, for people to get together in pleasant surroundings, over a good cup of coffee, to improve or learn new handicraft skills and share Jesus with the not yet Christians in the group. During the Covid restriction, Time Out met over Zoom.
## Administration
Hannah Skinner continues to work 8 hours a week assisting Pete Merry and the leadership team.
Paul Coppeard continues to work 8 hours a week, as Facilities Manager, overseeing the maintenance for the Hornchurch Centre.
Steve Trott continues to work on a self-employed basis doing the bookkeeping. The cleaner continues to clean the Hornchurch Centre for 2 hours per week.
## **FINANCIAL REVIEW**
## **Financial position**
The Fellowship produces annual accounts to comply with Charity Commission requirements. A copy is made available under normal charitable procedures.
At present a reserve of a minimum of £5,000 is held within a deposit account. The current accounts are reviewed frequently to ensure funds within them are sufficient for the day to day running of the Trust over following months.
## **Charity Assets**
The Main asset of the Charity is the following property:- **The Hornchurch Centre.**
Address; 2A Newmarket Way, Hornchurch, Essex RM12 6DS
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Page 3
**HAVERING CHRISTIAN FELLOWSHIP TRUST**
## **REPORT OF THE TRUSTEES**
## **for the Year Ended 31 March 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governance and Internal Control**
Trustees are selected by the other members of the Trustee Board. New Trustees are approached from amongst the Church Membership.
The Trustees meet periodically in the year to review strategy, performance, operating plans, budgets, building matters and health and safety issues.
Charity Law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing those financial statements, the Trustees have:
Selected suitable accounting policies and applied them consistently; Made judgements and estimates that are reasonable and prudent; Prepared the financial statements on a going concern basis;
Stated whether applicable accounting standards have been followed subject to any material departures disclosed and explained in the financial statements.
The Trustees have overall responsibility for ensuring that the Charity has appropriate systems of control, financial and otherwise. They are also responsible for keeping proper accounting records, which 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 taking reasonable steps for the prevention and detection of fraud and other irregularities and to provide reasonable assurance that:
The Charity is operating efficiently and effectively;
Its assets are safeguarded against unauthorised use or disposition;
Proper records are maintained and financial information used within the Charity or for publication is reliable; The Charity complies with relevant laws and regulations.
The systems of internal control are designed to provide reasonable, but not absolute, assurance against material mis-statement or loss. They include:
Strategic plan and an annual budget approved by the Trustees. Regular consideration by the Trustees of financial results and variance from budgets. Delegation of authority and segregation of duties. Identification and management of risk.
The Trustees have reviewed the adequacy of the Charity's current internal controls and are pleased to report that the Charity's internal financial controls, in particular, conform to guidelines issued by the Charity Commission.
## **Risk**
The biggest risk to the Fellowship's income is a loss of support from those who tithe and gift to the Fellowship. In the event of this taking place the Trustees would ensure that spending is curbed and activities cease that would generate costs. The biggest single payments at the close of this financial year are salaries. The Trust has full Employment and Public Liability insurances in place for all aspects of the work it undertakes.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1014476
## **Principal address**
2a Newmarket Way Hornchurch Essex RM12 6DS
## **Trustees**
Peter Merry Rose Carter David Bobin Chair Timothy Skinner Victoria Wright (appointed 1.4.20) Robert James Wright (appointed 1.4.20)
Page 4
**HAVERING CHRISTIAN FELLOWSHIP TRUST**
## **REPORT OF THE TRUSTEES**
## **for the Year Ended 31 March 2021**
## **REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner**
Maurice Brindley BSc FCA Institute of Chartered Accountants in England and Wales Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
## **Solicitors**
Robinsons Solicitors 10-11 St James Court Friar Gate Derby DE1 1BT
## **Bank**
Barclays Bank Plc Small Business' 2nd Floor 36-38 South Street Romford RM1 1HR
## **Pastor**
Peter Merry Jan 27, 2022 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
P Merry P Merry (Jan 26, 2022 15:59 GMT)
..............................................................................
Peter Merry - Trustee
Page 5
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAVERING CHRISTIAN FELLOWSHIP TRUST**
## **Independent examiner's report to the trustees of Havering Christian Fellowship Trust**
I report to the charity trustees on my examination of the accounts of Havering Christian Fellowship Trust (the Trust) for the year ended 31 March 2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's 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:
1. accounting records were not kept in respect of the Trust as required by section 130 of the 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.
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.
## mwbrindley
mwbrindley (Jan 27, 2022 15:26 GMT)
Maurice Brindley BSc FCA Institute of Chartered Accountants in England and Wales Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
Date: .............................................Jan 27, 2022
Page 6
**HAVERING CHRISTIAN FELLOWSHIP TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2021**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
Investment income
3
**Total**
**EXPENDITURE ON**
**Charitable activities**
Advancement of Christianity
Net gains on investments
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
113,946
273
114,219
96,676
28,729
46,272
1,234,100
1,280,372|Restricted
funds
£
-
-
-
-
-
-
-
-|31.3.21
Total
funds
£
113,946
273
114,219
96,676
28,729
46,272
1,234,100
1,280,372|31.3.20
Total
funds
£
95,473
3,150
98,623
121,950
-
(23,327)
1,257,427
1,234,100|
|---|---|---|---|---|
The notes form part of these financial statements
Page 7
**HAVERING CHRISTIAN FELLOWSHIP TRUST**
## **BALANCE SHEET**
## **31 March 2021**
|31.3.21
Unrestricted
Restricted
Total
fund
funds
funds
Notes
£
£
£
**FIXED ASSETS**
Tangible assets
7
834,267
-
834,267
**CURRENT ASSETS**
Debtors
8
16,529
-
16,529
Cash at bank
431,976
-
431,976
448,505
-
448,505
**CREDITORS**
Amounts falling due within one year
9
(2,400)
-
(2,400)
**NET CURRENT ASSETS**
446,105
-
446,105
**TOTAL ASSETS LESS CURRENT LIABILITIES**
1,280,372
-
1,280,372
**NET ASSETS**
1,280,372
-
1,280,372
**FUNDS**
10
Unrestricted funds
1,280,372
**TOTAL FUNDS**
1,280,372
The financial statements were approved by the Board of Trustees and authorised for issue on ..........................................
signed on its behalf by:
Jan 27, 2022|31.3.20
Total
funds
£
832,262
16,739
387,499
404,238
(2,400)
401,838
1,234,100
1,234,100
1,234,100
1,234,100
...
and were|
|---|---|
P Merry ............................P Merry (Jan 26, 2022 15:59 GMT) ................. Peter Merry - Trustee
D M Bobin ..............................D M Bobin (Jan 27, 2022 08:06 GMT) ............... David Bobin - Trustee
The notes form part of these financial statements
Page 8
**HAVERING CHRISTIAN FELLOWSHIP TRUST**
**NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements and assessment of going concern**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
The financial statements are presented in sterling (£).
## **Critical accounting judgements and key sources of estimation uncertainty**
In preparing financial statements it is necessary to make certain judgements, estimated and assumptions that affect the amounts recognised in the financial statements. The following judgements and estimates are considered by the trustees to have most significant effect on amounts recognised in the financial statements.
## **Useful economic life of tangible fixed assets:**
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - not provided Fixtures and fittings - 33% on cost Computer equipment - 20% on reducing balance
No depreciation is charged in respect of leasehold land and buildings as the residual value of the property after its estimated useful life is anticipated to be at least the carrying value of the property show in the financial statements.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Debtors**
The gift aid debtor is recognised when the donation that it relates to, has been gifted to the charity and is recognised at the settlement amount.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash, current and deposit bank accounts.
## **Creditors**
Creditors are recognised when the charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.
## **Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
continued...
Page 9
**HAVERING CHRISTIAN FELLOWSHIP TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donors, or which have been raised by the charity for particular purposes. The cost of raising and administrating such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the Report of the Trustees.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Financial instruments**
The charity only has basic financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially settled at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2. DONATIONS AND LEGACIES**
## **3.**
## **4.**
|Tithes & offerings
Recovered tax
Other charitable income
**INVESTMENT INCOME**
Rents received
Deposit account interest
**TRUSTEES' REMUNERATION AND BENEFITS**
Trustees' salaries
Trustees' pensions paid|31.3.21
£
97,417
16,529
-
113,946
31.3.21
£
250
23
273
31.3.21
£
28,500
1,500
30,000|31.3.20
£
77,923
16,739
811|31.3.20
£
77,923
16,739
811|
|---|---|---|---|
|||95,473||
|||31.3.20
£
3,058
92
3,150
31.3.20
£
28,500
1,500
30,000||
||||30,000|
During the year Mr P. Merry, a Trustee, was paid the sum of £28,500 (2020: £28,500) plus pension contributions of £1,500 (2020: £1,500). This was in connection to his role as Pastor of the church. No Trustee received any remuneration for their role as Trustee.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
continued...
Page 10
**HAVERING CHRISTIAN FELLOWSHIP TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021**
## **5. STAFF COSTS**
|**STAFF COSTS**|||
|---|---|---|
||31.3.21|31.3.20|
||£|£|
|Wages and salaries|66,129|67,201|
|Other pension costs|-|173|
||66,129|67,374|
|The average monthly number of employees during the year was as follows:|||
||31.3.21|31.3.20|
|Church Activities|3|3|
No employees received emoluments in excess of £60,000.
The Trustees consider the Key Management Personnel of the charity to consist of the Trustees. Remuneration paid to Key Personnel is shown under Trustees remuneration.
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Investment income
**Total**
**EXPENDITURE ON**
**Charitable activities**
Advancement of Christianity
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
95,473
3,150
98,623
121,950
(23,327)
1,257,427
1,234,100|Restricted
funds
£
-
-
-
-
-
-
-|Total
funds
£
95,473
3,150
98,623
121,950
(23,327)
1,257,427
1,234,100|
|---|---|---|---|
continued...
Page 11
**HAVERING CHRISTIAN FELLOWSHIP TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021**
## **7. TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2020
Additions
At 31 March 2021
**DEPRECIATION**
At 1 April 2020
Charge for year
At 31 March 2021
**NET BOOK VALUE**
At 31 March 2021
At 31 March 2020|Long
leasehold
£
830,000
-
830,000
-
-
-
830,000
830,000|Fixtures
and
Computer
fittings
equipment
£
£
8,727
33,273
-
3,072
8,727
36,345
8,727
31,011
-
1,067
8,727
32,078
-
4,267
-
2,262|Totals
£
872,000
3,072|
|---|---|---|---|
||||875,072|
||||39,738
1,067|
||||40,805|
||||834,267|
||||832,262|
Freehold property at the Craigdale Centre, Romford, was valued on an open market basis, in June 2009 by Rumney Associated Ltd, situated in Hornchurch, Essex
## **8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
## **9.**
## **10.**
|Tax recoverable
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
114,219
**TOTAL FUNDS**
114,219|At 1.4.20
£
1,234,100
1,234,100
Resources
expended
£
(96,676)
(96,676)|31.3.21
£
16,529
31.3.21
£
2,400
Net
movement
in funds
£
46,272
46,272
Gains and
losses
£
28,729
28,729|31.3.20
£
16,739
31.3.20
£
2,400
At
31.3.21
£
1,280,372|31.3.20
£
16,739
31.3.20
£
2,400
At
31.3.21
£
1,280,372|
|---|---|---|---|---|
||||1,280,372||
||||Movement
in funds
£
46,272
46,272||
|||||46,272|
continued...
Page 12
**HAVERING CHRISTIAN FELLOWSHIP TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021**
## **10. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**TOTAL FUNDS**
Comparative net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.4.19
£
1,257,427
1,257,427
Incoming
resources
£
98,623
98,623|Net
movement
in funds
£
(23,327)
(23,327)
Resources
expended
£
(121,950)
(121,950)|At
31.3.20
£
1,234,100|At
31.3.20
£
1,234,100|
|---|---|---|---|---|
||||1,234,100||
||||Movement
in funds
£
(23,327)
(23,327)||
|||||(23,327)|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.4.19
£
1,257,427
1,257,427|Net
movement
in funds
£
22,945
22,945|At
31.3.21
£
1,280,372|
|---|---|---|---|
||||1,280,372|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
212,842
212,842|Resources
expended
£
(218,626)
(218,626)|Gains and
Movement
losses
in funds
£
£
28,729
22,945
28,729
22,945|Gains and
Movement
losses
in funds
£
£
28,729
22,945
28,729
22,945|
|---|---|---|---|---|
|||||22,945|
continued...
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**HAVERING CHRISTIAN FELLOWSHIP TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021**
## **11. RELATED PARTY DISCLOSURES**
Gifts of £3,820 (2020: £6,436) were made to Hope4Havering during the year. Mr Merry, a Trustee of Havering Christian Fellowship Trust, is also a Trustee of Hope4Havering and his spouse is the Chief Executive Officer of the organisation. Gifts of £350 were made to Havering Healing Rooms during the year, Mr Bobin is a director of this organisation.
Transactions were carried out on an arm's length basis.
H Skinner, wife of the Trustee T D Skinner, earned £5,830 in wages (2020: £5,353).
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