KING’S CHURCH BARKING
(CHARITY NO: 1015872) TRUSTEES REPORT AND ACCOUNTS
YEAR END 31 MARCH 2022
KING’S CHURCH BARKING
TRUSTEES REPORT
YEAR ENDED 31 MARCH 2022
The Trustees present their report and accounts for the year ended 31st March 2022.
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.
Foreword from Lead
Trailblazing was an initiative that spread over a few months to encourage the church family, to step out and chase after their biggest dreams in who they are in Christ. We had a tagline: If your dream is not laughable, then it's not big enough. The challenge was to spend time in prayer, and dream. The initiative has seen a change in one person how they motivate themself and that person is pushing past her old comfort zone, and achieving her goals and dreams. There have also been several areas that this has affected. A once a quarter social Wine and Cheese evening has started. The children's work has changed, and one of the church members now speaks at meetings. Trailblazing is continuing with us and will hopefully grow as we learn more about our members, our community, and their hearts desires. My dream as a leader is to support the church family in their dreams and visions.
Mark Figgins
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.
After mainly online services due to COVID-19 the church resumed services in church in April.
(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) 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 and the Barking Learning Centre. The Source provides takeaway meals and other support (eg, with job applications, benefits, housing etc) for those living on the streets and those in need.
(ii) Community Coffee Mornings
With Barking URC we run a weekly coffee morning for the local community for free tea, coffee and friendship. Both passersby and locals frequent.
(iii) Cheese and Wine evening
We held our first Cheese and Wine evening in March. This proved very popular and will be the first of many such events to come.
(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) Partnering with Barking United Reformed Church
We hold joint Sunday Services, activities, and meetings with Barking United Reformed Church and warmly welcome working with Barking URC’s new part-time minister, Rev Sujeeth Kumar.
KING’S CHURCH BARKING
TRUSTEES REPORT (Continued)
YEAR ENDED 31 MARCH 2022
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 £28,383. This continues to demonstrate the generosity of the King’s Church membership.
The income tax recovery on Gift Aided payments, amounted to £6,323.
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: 11/12/ 2022
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 2021 31 March 2022
| Section A Receipts and payments | Section A Receipts and payments | Section A Receipts and payments | ||||||
|---|---|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
|||
| Designated Offerings & Gifts | - | 160 | - - - - - - - - |
160 | 846 | |||
| General Tithes & Offerings | 28,383 | - | 28,383 | 27,153 | ||||
| Tax Rebate | 6,323 | - | 6,323 | 7,610 | ||||
| Bank & Other Interest | 28 | - | 28 | 41 | ||||
| General Fund Income | - | 100 | 100 | |||||
| - | - | - | - | |||||
| - | - | - | - | |||||
| - | - | - | - | |||||
| Sub total(Gross income for AR) |
34,734 |
260 | - - - - - - - - - - - - - - - |
34,994 | 35,649 | |||
| A2 Asset and investment sales, (see table). |
||||||||
| - | ||||||||
| - |
- | |||||||
| Sub total | - | - | ||||||
| Total receipts A3 Payments |
||||||||
| 35,649 | ||||||||
Premises |
4,908 | 4,908 | 7,891 | |||||
| Pastoral & Ministrycosts | 1,247 | 1,247 | - | |||||
| Consultant Ministries | 4,020 | 4,020 | 5,370 | |||||
| Mission and charitysupport | 4,780 | 4,940 | 14,496 | |||||
| Catering& hospitality | 16 | 16 | - | |||||
| General Fund Expenses | 100 | - | ||||||
| Conferences & Training | 188 | 188 | 976 | |||||
| Equipment & Accessories | 836 | 836 | 903 | |||||
| Insurance | 423 | 423 | 405 | |||||
| Independent Reviewer | 105 | 105 | 100 | |||||
| Outreach & Children's work | 85 | 85 | - | |||||
| Subscriptions & MembershipFees | 795 | 795 | 902 | |||||
| BuildingExpenses | 4,472 | 4,472 | - 1,026 | |||||
| **Sub total ** | - | - | - | |||||
| 21,876 | 22,136 | 30,017 |
| A4 Asset and investment purchases, (see table) |
- - - 260 - |
- - - 260 - |
- - - - - |
- - - 22,136 12,858 |
- - - 22,136 12,858 |
|||
|---|---|---|---|---|---|---|---|---|
| - | ||||||||
| - | ||||||||
| **Sub total ** | - | - | ||||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||||
| 30,017 | ||||||||
| 12,858 | - | 12,858 | 5,633 | |||||
| - | - | - - |
- | - | ||||
| 56,129 | - | 56,129 | 50,496 | |||||
| 68,987 | - | - | 68,987 | 56,129 |
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 B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Total cash funds 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 |
Unrestricted funds to nearest £ |
Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Restricted funds to nearest £ |
Endowment funds to nearest £ |
|---|---|---|---|---|---|---|---|
| 2,284 | - | - | |||||
| 61,809 | - | - | |||||
| 149 | |||||||
| 4,746 | - | - | |||||
| 68,987 | - | - | |||||
| 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) |
||||
| - | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| G Toop Signature M Figgins |
Print Name Mark Figgins Gerald Toop |
||||||
| Date of approval |
|||||||
| M Figgins | Mark Figgins | 11/12/2022 | |||||
| G Toop | Gerald Toop | 11/12/2022 |
KING’S CHURCH BARKING CHARITABLE TRUST 31ST MARCH 2022 INDEPENDENT EXAMINER’S REPORT
I report on the Receipts and Payments accounts of the Trust for the year ended 31 March 2022 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.
Name: Richard Ian Smith
Signed: Richard Smith Date: 21/12/2022
Kings Church Barking
Statement of Financial Activities
For the Year Ended 31 March 2022
| 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 £ 28,383 6,323 28 34,734 21,876 21,876 12,858 56,129 68,987 |
Restricted Funds £ 260 260 260 260 0 0 - |
Total 2022 Total 2021 £ £ 28,643 27,999 6,323 7,610 28 41 34,994 35,649 22,136 30,017 22,136 30,017 12,858 5,633 56,129 50,496 - - 68,987 56,129 |
|---|---|---|---|
King's Church Barking
Balance Sheet
As at 31 March 2022
| Current Assests Cash at bank and in hand Net Assets Funds of the Charity Unrestricted Funds Restricted Funds Total Charity Funds |
2022 £ 68,987 68,987 68,987 68,987 |
2021 £ 56,129 |
|---|---|---|
| 56,129 | ||
| 56,129 | ||
| 56,129 |