2021-12-31-accounts - Shepperton Community Church

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		Page
Report ofthe Trustees
Independent Examiner's	report to the Trustees
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements		10to 17

				2021	2020
	Note	Unrestricted	Restricted	Total funds	Total funds
		E			F
INCOME
Donations and legacies		124,292	35,971	160,263	166,829
Income from charitable activities		73	11,196	11,269
income from other trading activities
Other trading activities: Letting		569
Investment income					130
Other income
Solar panel —Feed-in tariff		3,509		3,509
TOTAL INCOME		128,448	47,167	175,615	169,4?3
EXPENDITURE
Expenditure on charitable activities:		(141,788)	(51,719)	(193,507)	(171,064)
TOTAL EXPENDITURE		(141,7&&)	(51,719)	(1S3,507)	(171,064)
NET EXPENDITURE AND NET	18	(13,340)	(4,552)	(17,892)	(1,591)
MOVEMENT IN FUNDS FOR THE YEAR
TRANSFERS BETWEEN FUNDS
RECONCILIATION OF FUNDS
Total Funds brought forward		49,340	530,158	579,498	581,089
TOTAL FUNDS CARRIED FORWARD		36,000	525,606	561,606	579,498

				2021	2020
	Note	Unrestricted F	Restricted	Total funds f	Total funds
FIXEDASSETS
Tangible assets		7,353	507,488	514,821	533,489
TOTAL FIXEDASSETS		7,353	507,468	514,821	533,489
CURRENT ASSETS
Debtors	18	2,840		2,840	3,706
Gash at bank and in hand	20	31,822	18,138	50,060	49,059
TOTAL CURRENT ASSETS		34,762	18,138	52,900	52,765
LIABILITIES
Creditors falling due within one year		{6,115)		{6,115)	{6,756)
NET CURRENT ASSETSI{LIABILITIES)		2&,647	18,138	46,?85	46,009
TOTAL ASSETSLESSCURRENT
LIABILITIES		36,000	525,606	561,606	579,498
NET ASSETS		36,000	525,606	561,606	579,498
THE FUNDS OF THE CHARITY
Unrestricted income funds	18	36,000		36,000	49,340
Restricted income funds	18		525,606	525„606	530,158
TOTAL CHARITY FUNDS		38,000	525,606	561,606	579,498

Jubiiee Church Shepperton
Notes to the Financial Statements
for the year ended 31December 2021
ACCOUNTING POLICIES (continued)
Expenditure
Expenditure
Expenditure is accounted for on an accruals basis and has been classified under headings			that	aggregate				all cost
related to the category.
Governance and support costs
Support and governance costs incurred are apportioned across the charitable activities use ofresources.		on a	basis	consistent				with	the
Governance costs comprise all costs involving public accountability ofthe charity and		its compliance			with regulation
and good practice.
Grants payable without performance conditions
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.
Basicfinancial instruments
The charity only has financial assets and financial liabilities ofa kind that qualify as basic financial				instruments.				Basic
financial instruments are initially recognised at transaction value and subsequently	measured			at their			settlement
value. Financial assets held at amortised cost comprise cash at bank and in hand, together			with other		debtors. Cash
at bank and in hand is defined as all cash held in instant access bank accounts and used as working capital. Financial
liabilities held at amortised cost comprise all creditors except social security and other		taxes.
Tangible fixed assets
All assets costing more than E1,000are capitalised and valued at historical cost.
Depreciation is provided at the following annual rates in order to write offeach asset	over its estimated					useful life.
Leasehold property 2% on cost
Fittings and equipment 20% on cost
Solar panels straight line over 15years
Taxation
The charity is a registered charity and is exempt under Part 11ofthe Corporation Tax Act			2010on		its		income		and
section 256ofthe Taxation ofChargeable Gains Act 1992on its capital gains.
irrecoverable VAT is charged against the expenditure heading for which itwas incurred.
Operating leases
Rentals payable under operating leases are charged against income on a straight-line		basis	over	the	lease term.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion				of the Trustees.
Designated funds represent funds earmarked for specific reasons as decided by the Trustees. Further					explanation				of
the nature and purpose ofeach fund is included in the notes to the financial statements.
Restricted funds can only be used for particular restricted purposes within the objects	ofthe charity. Restrictions arise
when specified by the donor orwhen funds are raised for particular restricted purposes.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments		with a maturity					of one year
from the date ofacquisition or opening ofthe deposit or similar account.
Creditors
Creditors are recognised where the charity has a present obligation resulting from	a	past	event	that		will probably
result in the transfer offunds toa third party and the amount due to settle the obligation	can be measured					orestimated
reliably. Creditors are normally recognised at their settlement amount after allowing for		any	trade	discounts due.
Pension costs
The charity operates a defined contribution pension scheme. Contributions payable	for the		year	are	charged to				the
SoFA in the period to which they relate.

ONATIO
	Unrestricted	Restricted	Total Funds	Total Funds
	Funds	Funds	2021	2020
	K	K	R	E
Offerings and gifts Income tax recoverable	102,059 22,233		102&059 22,233	127,087 27,899
Special collections and support		35,971	35,971	11,843
	124,292	35,971	160,263	166,829

				Unrestricted	Restricted	Total Funds	Total Funds
				Funds	Funds	2021	2020
				R	R	F
Youth, mission		development,	and other ministries
Other charitable		activities
Bookstall				73		73
Guest Events
Children's	Theatre Group (Themba)				11,196	11,196	1,561
				73	11,196	11,269	1,655

NVESTMENT INCOME
	Unrestricted	Restricted	Total Funds	Total Funds
	Funds	Funds	2021	2020
	K	F		E
Deposit account interest	5		5	130
	5		5	130
THER INCOME
	Unrestricted	Restricted	Total Funds	Total Funds
	Funds	Funds	2021	2020
			f.	F
Solar panel —Feed-in tariff	3,509		3,509	748
	3,509		3,509	748

y Fund
				Unrestricted	Restricted	Total Funds	Total Funds
				Funds	Funds	2021	2020
			Note			f.
Missionary	and charitable	giving	T	15,806	25,511	42,317	28,637
Provision	ofdebt advisory	service		2,363		2,363	2,020
Ministry				115,834	13,514	129,348	127,119
Activities				7,785	11,694	19,479	13,288
				141,788	51,718	183,507	171,064

ByActivity
			Activities	Support	Total Funds	Total Funds
			undertaken	costs	2021	2020
			directly
						F
Missionary	and charitable	giving	41,802	515	42,31T	28,637
Provision	ofdebt advisory	service	2,323	40	2,363	2,020
Ministry			81,390	47,958	129,348	127,119
Activities			8,315	11,164	19,4T9	13,288
			133,830	59,677	193,507	171,064

		Unrestricted	Restricted	Total Funds	Total Funds
		Funds	Funds	2021f	2020
Commission		14,511		14,511	18,464
Mission		780		780	450
Special collections and individual	support		26,511	26,511	9,255
		15,291	26,511	41,802	28,169

					Donations to	Donations to
Analysis					institutions	individuals	Total
Charitable giving					14,511		14,511
Relief of poverty						27291	27,291
Total					14,511	27,291	41,802
ONATIONS IIADE TO	INSTITUTIONS
						Total amount of
Names ofinstitution	Purpose					donations	paid
Commission	Charitable		giving				14,511
Total grants to institutions		in reporting		period			14,511

NALYSIS OF DIREC	T	EXPEND	ITU	RE ON	MI	NISTRY
										Unrestricted		Total Funds	Total Funds
											Funds	2021	2020
Trustees* remuneration											51,882	51,882	52,480
Trustees' social security		costs									1,070	1,070	1,139
Trustees' pension costs											4,150	4,150	4,080
Wages and salaries											14,259	14,259	12,?01
Pension costs											1,128	1,128	466
Travel costs											108	108	244
Telephone											697	6S7	1,746
Young people and children											1,304	1,304	1,759
Guest Preachers and	Apostolic		Oversight								1,721	1,721	1,200
Miscellaneous pastoral											994	994	1,809
Publicity and website											3,987	3„987	10,234
Conferences, training,	and outreach										90	90	2,460
											81,390	81,390	90,318
n 2020, anil ministry costs related			to	restricted	fund.
NALYSIS OF DIRECT		EXPENDITURE ON ACTIVITIES
							Unrestricted			Restricted		Total Funds	Total Funds
								Funds			Funds	2021	2020
								f.
Children' s' Theatre Group (Themba)											8,315	8,315	4,720
											8,315	8,315	4,720
n 2020, E4,720 ofthe expenditure			on	activities	related to		restricted		funds.
NALYSIS OF SUPPORT COSTS
			Ilissionary			Provision
			and	charitable		ofdebt						Total Funds	Total Funds
				giving		service		Ministry			Activities	2021	2020
						R			F			R
Support Costs Heat, light, power, and	water								4,4S4		1,123	5,617	5,241
Insurance										809	202	1,011	942
Building maintenance	and service								11,582		2,8S5	14,477	5,438
contracts
Equipment maintenance		and							214		54	268	460
renewals
Cleaning									9,935		2,484	12,419	9,031
Depreciation oftangible		fixed							14,934		3,734	18,668	18,668
assets
Printing, photocopying	and								1,166			1,166	785
stationery ITsubscriptions and sundries									2,091			2,091	1,708
									45,225		10,492	55,717	42,273
Governance Costs
Accountancy				283			22		1,503		370	2,178	1,980
Independent examiner's		fee		232			18		1,230		302	1,782	1,620
				515			40		2,733			3,960	3,600
				515			40		47,958		11,154	59,677	45,873

the contributions are alloca	ted to ministry costs	and relate to unrestricte	d funds.
				Fixtures,
TANGIBLE FIXEDASSETS		Leasehold	Solar	fittings and
		property	panels	equipment	Total
			E	E	E
COST
As at 1 January 2021		644,649	15,635	3,665	863,949
Additions
As at 31 December 2021		844,649	15,635	3,665	863,949
DEPRECIATION
As at 1 January 2021 Charge for the year		320,288 16,893	9,378 1,042	794 733	330,460 18,668
As at 31December 2021		337,181	10,420	1,527	349,128
NET BOOK VALUE
As at 1 January 2021		524,361	6,257	2,871	533,489
As at 31December 2021		507,468	5,215	2,138	514,821
DEBTORS				2021	2020
Income tax recoverable				2,067	2,937
Prepayments Other debtors				273 500	269 500
				2,840	3,706
CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR			2021	2020
Solar panel loan Sundry creditors				6,115	610 6,146
				6,115	6,756

NALYSIS OF	IIOVEINENT	IN FUNDS
		Balance	Incoming	Resources		Funds
		1Jan 2021	resources	expended	Transfers	31Dec 2021
			F
Unrestricted	funds
General fund			128,448	~141,788		36,000
		49,340	128,448	(141,788)		36,00Q
Restricted funds
Building		524,361		(16,893)		507,488
Themba Bags ofFood Food Hampers		2,147 3,346 304	11,198 35,866 105	(8,315) (26,174) ~33T		5,028 13,038 72
		530,158	47,167	{51,719)		525,6Q6
TOTAL FUNDS		579,498	175,815	~193,507		561,606


NALYSIS O	F NET ASSETSBETWEEN FUNDS			Net current
			Tangible		assetsI
		fixed		assets {liabilities)		Total
Unrestricted	funds			7,353	28,647	38,000
Restricted funds				507,468	18,138	525,606
				514,821	46,785	561,606
NALYSIS OF CASH AND CASH EQUIVALENTS
		Unrestricted		Restricted	Total Funds	Total Funds
		Fund		Funds	2021	2020
		E			F
Cash at bank		31	922 18,138		50,080	49,059