KING’S CHURCH BARKING
(CHARITY NO: 1015872) TRUSTEES REPORT AND ACCOUNTS
YEAR END 31 MARCH 2021
KING’S CHURCH BARKING
TRUSTEES REPORT
YEAR ENDED 31 MARCH 2021
The Trustees present their report and accounts for the year ended 31st March 2021.
The Trustees & Governance
Trustees who served during the period were - Mark Figgins (also member of church leadership team) Jean Playle Deborah Marsden Gerald Toop
King’s Church activities are administered by the church leadership team, one of whom is a Trustee. The church leaders meet several times each month and the Trustees meet on a regular basis and as required for ad hoc consultation. Due to COVID-19 these meetings were held on zoom and WhatsApp.
Charitable activities
The main objective as a Christian church in Barking is to advance the Christian faith and express the Christian message in practical ways, in particular with regard to worship, Christian discipleship and communication of the Christian message, in culturally relevant ways and including community interaction and service. The church continued to pursue those aims during the period under review.
Due to COVID-19 the church held its main weekly meetings on zoom and WhatsApp. In addition, ad hoc meetings were also held the same way.
(a) King’s Church in the Local community
Activities in and for the benefit of the local community, supported by King’s Church during the period included –
(i) Barking Kidz Klub
Barking Kidz Club meetings were suspended during the reporting period due to COVID-19.
(ii) Barking Foodbank
King’s Church also supported the Barking Foodbank, which is the Barking branch of the Trussell Trust Foodbank. Members of King’s Church donate food for distribution to Foodbank clients.
(iii) The Source
- King’s Church supported the work of ‘The Source’, an interchurch initiative of ‘Barking Churches Unite’ based in the ‘Vicarage Field’ shopping centre in Barking. The Source provides a hot meal and other support (eg, with job applications, benefits, housing etc) for those living on the streets.
(iv) Community Coffee Mornings
These were suspended during the reporting period due to COVID-19.
(b) King’s Church support of UK and Overseas mission and charities
In the period, King’s Church supported several Christian ministries and charities working both in the UK and overseas.
Details of the levels of financial support provided, are shown in the ‘Receipts and Payments’ account of this report.
(c) Update on developments with Barking United Reformed Church
During this year we continue to work alongside the Barking URC congregation to our mutual benefit and we trust to the benefit of the community in the local neighbourhood.
KING’S CHURCH BARKING
TRUSTEES REPORT (Continued)
YEAR ENDED 31 MARCH 2021
Finances
Basis of accounts preparation -
All receipts and payments for the period are disclosed in the attached Receipts and Payments account. Any material debtors or creditors at the period end are reflected in the Statement of Assets and Liabilities’ in order to show a fair presentation of the funds.
Year under review -
During the year, income from Tithes and Offerings from church members was £27,152.50. This continues to demonstrate the generosity of the King’s Church membership.
The income tax recovery on Gift Aided payments, amounted to £7,610.13.
Reserves Policy -
The Trustees have agreed that sufficient funds should be maintained to ensure that the main charitable activities could be supported for a minimum of three months.
Signed on behalf of the Trustees
Gerald Toop
Date: 2021
Charity Name No (if any) King's Church Barking 1015872 Receipts and payments accounts CC16a For the period Period start date Period end date To from 01 April 2020 31 March 2021
Section A Receipts and payments
| Unrestricted funds |
Unrestricted funds |
Restricted funds |
Restricted funds |
Endowment funds |
Total funds | Last year | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| to the nearest | £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | ||||||
| A1 Receipts | |||||||||||
| Designated Offerings & Gifts | - | 846 | - | 846 | 1,162 | ||||||
| General Tithes & Offerings | 27,153 | - | - | 27,153 | 35,051 | ||||||
| Tax Rebate | 7,610 | - | - | 7,610 | 7,304 | ||||||
| Bank & Other Interest | 41 | - | - | 41 | 18 | ||||||
| Gifts in Kind | - | - | - | - | 116 | ||||||
| - | - | - | - | - | |||||||
| - | - | - | - | - | |||||||
| - | - | - | - | - | |||||||
| Sub total(Gross income for | |||||||||||
| AR) | 34,803 | 846 | - | 35,649 | 43,651 |
| A1 Receipts | Unrestricted funds to the nearest £ |
Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
|---|---|---|---|---|---|---|---|---|
| Designated Offerings & Gifts | - | 846 | - - - - - - - - |
846 | 1,162 | |||
| General Tithes & Offerings | 27,153 | - | 27,153 | 35,051 | ||||
| Tax Rebate | 7,610 | - | 7,610 | 7,304 | ||||
| Bank & Other Interest | 41 | - | 41 | 18 | ||||
| Gifts in Kind | - | - | - | 116 | ||||
| - | - | - | - | |||||
| - | - | - | - | |||||
| - | - | - | - | |||||
| Sub total(Gross income for AR) |
34,803 |
846 | - | 35,649 | 43,651 | |||
| A2 Asset and investment sales, (see table). |
- - - 34,803 7,891 - 5,370 13,650 - - 976 903 405 100 - 902 - 1,026 - 29,170 |
- - - 846 - - - 846 - - - - - - 846 |
- - - 35,649 7,891 - 5,370 14,496 - - 976 903 405 100 - 902 - 1,026 - 30,017 |
|||||
| - | - - - |
- | ||||||
| - | - | - | ||||||
| Sub total | - | - | - | |||||
| Total receipts A3 Payments |
||||||||
| - | 35,649 | 43,651 | ||||||
Premises |
7,891 | - | - - - - - - - - - - |
7,891 | 4,125 | |||
| Pastoral & Ministrycosts | - | - | - | 11,904 | ||||
| Consultant Ministries | 5,370 | - | 5,370 | 3,554 | ||||
| Mission and charitysupport | 13,650 | 846 | 14,496 | 5,828 | ||||
| Catering& hospitality | - | - | - | 865 | ||||
| General Fellowship | - | - | - | 716 | ||||
| Conferences & Training | 976 | - | 976 | 131 | ||||
| Equipment & Accessories | 903 | - | 903 | 360 | ||||
| Insurance | 405 | 405 | 393 | |||||
| Independent Reviewer | 100 | 100 | 100 | |||||
| Outreach & Children's work | - | - | 383 | |||||
| Subscriptions & MembershipFees | 902 | 902 | 536 | |||||
| BuildingExpenses | - 1,026 | - | - 1,026 | 471 | ||||
| **Sub total ** | - | - | - | - | ||||
| 29,170 | 846 | 30,017 | 29,366 |
| A4 Asset and investment purchases, (see table) |
- - - 846 |
- - - 846 |
- - - 30,017 |
- - - 30,017 |
||||
|---|---|---|---|---|---|---|---|---|
| - | - - - |
- | ||||||
| - | - | |||||||
| **Sub total ** | - | - | - | |||||
| **Total payments ** | ||||||||
| - | 30,017 | 29,366 | ||||||
| Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
5,633 | - | - | 5,633 | 14,285 | |||
| - | - | - - |
- | - | ||||
| 50,496 | - | 50,496 | 36,211 | |||||
| 56,129 | - | - | 56,129 | 50,496 |
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Bank Current Account Bank Savings Account Bank Building Fund Account Details Bank General Account Details Total cash funds |
Bank Current Account Bank Savings Account Bank Building Fund Account Details Bank General Account Details Total cash funds |
Unrestricted funds to nearest £ |
Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Restricted funds to nearest £ |
Endowment funds to nearest £ |
|---|---|---|---|---|---|---|---|
| 3,534 | - | - | |||||
| 47,650 | - | - | |||||
| 199 | |||||||
| 4,745 | - | - | |||||
| 56,129 | - | - | |||||
| Endowment funds to nearest £ |
|||||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| Details | Fund to which liability relates |
Amount due (optional) |
When due (optional) |
||||
| - | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| Signature | Print Name | ||||||
| Date of approval |
|||||||
KING’S CHURCH BARKING CHARITABLE TRUST 31ST MARCH 2021 INDEPENDENT EXAMINER’S REPORT
I report on the Receipts and Payments accounts of the Trust for the year ended 31 March 2021 which are set out on the attached pages 4 and 5, referenced ‘CC16a’.
Respective responsibilities of trustees and examiner
As the charity’s trustee you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43 (7)(b) of the Act, whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance 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 accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 41 of the Act; and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: Date:
Richard Smith
Kings Church Barking
Statement of Financial Activities
For the Year Ended 31 March 2021
| Income and Endowments Offerings and Donations Tax Rebate Interest Total Expenditure Charitable activities Total Net Income (Expenditure) Total Funds Bought Forward Transfers between funds Total Funds Carried Forward |
Unrestricted Funds £ 27,153 7,610 41 34,803 29,170 29,170 5,633 50,496 56,129 |
Restricted Funds £ 846 846 846 846 0 0 - |
Total 2021 £ 27,999 7,610 41 35,649 30,017 30,017 5,633 50,496 - 56,129 |
Total 2020 £ 36,329 7,304 18 |
|---|---|---|---|---|
| 43,651 28,900 466 |
||||
| 29,366 14,285 36,211 - |
||||
| 50,496 |
King's Church Barking
Balance Sheet
As at 31 March 2021
| Current Assests Cash at bank and in hand Net Assets Funds of the Charity Unrestricted Funds Restricted Funds Total Charity Funds |
2021 £ 56,129 56,129 56,129 56,129 |
2020 £ 50,496 |
|---|---|---|
| 50,496 | ||
| 50,496 | ||
| 50,496 |