BENEFICIAL VERACIOUS CHRIST CHURCH
Charity Number: 1028128
Financial Statements
For the year ended 31 March 2022
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BENEFICIAL VERAaous CHRIST CHURCH
Financial Statements
For the year ended 31 Marth 2022
Contents
PzKe
Referenceknd Admlnlstr3tl¥e Detalls Of Thtchartty. 115 TrpJKee51nd IbAsor5
Tnntees. Rty)rt
Independent Examlnerf5 Reptyt
Stattmeni 01 Fin￿011 A*tfvitSes
Balanct Sheet
NotE5ToThe Flnanci•l Staitrw*nts
7-11
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BENEFICIAL VERACIOUS CHRIST CHURCH
Referen￿ And Admlnistratlve Detalls Of The Charity. Its Trustees And
Advisors For The Year Ended 31 March 2022
Arthbishop J P H•¢*m•n
Blshop E T Newman
Elder Sokonne
Rev R Ose1￿y?￿fI
Mf5 0 8oakye.Boateni
Rev P Ha¢kmao-A5amo3h
th•rfty Re¢fst*ttd Ilumber
1028128
PrfndpSeOtttce
281.283 lane
Peckharn
london
SE154UA
Independent Examlr
Ttrry)rhySlater. A
Harmer Sl•tef knmited
Chartered Ac¢ouNt•nts & RegirtetedA￿tt•rs
S•￿tIn House. 19 Cethr A￿d
5unon. Surrey. W2 50A
Natbnal we5tmh￿1 B•Ak Pk
PO Box4115
H(Ynthurch
Essex RM12 40F
Barclays Bank Pk
Pl•bttyw 2
Lete5ter5hlrE LE07 IBB
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8£NEFICIAL VERACIOUS CHKisfcHURCH
Trustees, Report
SorthTryoarorthF31 Zoil
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BENEFICIAL VERACIOUS CHRisf CHURCH
TrustÈes' RcpDrt
For tho y¢ar onded 31 Marth 1022
ACIIIEVEMENfs AND PEAFORMAPKE {fontlnuedl
WiTh God'i htlp. we habtfr•vl8*ed I￿S1OrMS 50*eM ihu51ar. and Whi￿ C¢YMI.194ry1 Dihei std>economlcchilltnies tontlnuE.
wt iiE*oF¢lul ol tycklwiimtsol retthtry br￿￿ Wutweon lhe￿￿o￿ INBenef￿lvW¥￿r￿5 Chilsi
Churth4nd MEM￿r5.we lie kemtylhepow￿ oIGod.
con1h￿e è5 ihemechan15msby*thkh Ihe bugre55 DfthEwh•ilgnwill ￿m￿d￿lled.Wt h3¥t redvrtkyd oulwobslie vAth
leatwts Ihat WDukl ern￿•￿e I￿Vre WLhaSewwT*fi¢pI￿% for ¢•iytol*lkn ol¢onJtlons liom luluredonrrfs •hd
tharitysupMeikaThl mtrMkn.l(yhisY51eft￿f0a1ftyd nwt•sacws to we rtlt¥ani thiomxlonportals Theos￿ry ihÈli
thiistianeduG411M.
AS w olovrie5c+4% 10 remalntomnknttedtolhe LY8anlr3tkn'5v(v*th yoyarnm¢ IhE boardolYruErees h•senea8eda lull.tlme
pisIE4 10 lake ch￿t￿lIhe owratlrffts olthechurth ff￿. Plans weJpandtyJrbrnnth nrtwtyk$ 10 Miiion wr*s afftd fvriher nurtb
are Incorpoiated ki ourgfmh stratewas*Yaspi￿ ioextrnd￿c￿rttJb1tse￿ceSJn￿1a￿I￿I ck)wtothepopaace.
We ackntr*ledgethaia st¢On8finand4posftknls eyr&k)n pl•nk In f￿h1 of1￿¥ ihe Chuich
¥¥th￿de￿waIt￿Ays￿ffid means Dllur•alsln¢wtyw#wffnartW rtwrw 5owec0uldde￿kn*[QUrW¥rafflMes and ambiilon5.
5plrRual8rty*ihathlde¥eW￿to1￿rne￿•be
y0uihrnobi45Ji￿n •ndde*YlopYthtwllltootlnuefO XSUtr*¢entyestarlntyJtsir*w. we4rede¥eWTh8￿ln5 iolniroduct
refrrns thatwovld help moN1￿￿the￿￿h. ￿¥¥￿5¢¢￿11 passthI fDr•nd(tymm6tiiient W1hEwse0lthe￿iP01. As trfoui
VOLrth de¥eknpment and irth¥thMratetr. wewouhlsteef kn¥ard5 IntreA&K￿J￿b1nl11r%PI￿a￿￿. •odstrenoheThlw oui
mtntor5ng lThtIai￿a$4 rnechaTrlsm iDiUPF•M leadffs.
FINANaAL REVIEW
TheTru5tt¥s h￿ana￿eed9*YwtyIhe tsseolre5eThek leseTh*s¥e$4fir*di•beheWto lutylone•ff
Thechvrth'i flnanciilpowtknh Sei4yJf hJ¥e been
tonwn bays a5 knthÈeWlonoIrhETTh5ree5tl￿￿eirÉ Ul￿rta¥￿S •to￿the￿arW%ab￿tyltsCl￿IlrWt.
STATEMENT OFTRVSTEES RE5PON5161unE5
TheTwsteesare rtsponOble l(¥ preparK4iheTrusiee'5 IF*I4¥vthlstht•￿Qntsth •¢¢ord•nce*lth appknbl¢
L)w Urttted ￿￿￿1￿￿Ar£o￿￿t1￿É stahd•rfsufftlttd%trWrnGenw•I￿mtteP1edAc£o￿llT￿ PrattktL hel￿aIn8 Fi￿ne￿I
AeF*Ylln8Siandat4 102 Tr FI￿￿¥￿1•es￿￿xsW￿Jrd •pk4d¥le Aopu¥Koflrdand".
TretswappficablelochiirtitsknfnOx￿a￿JWl1thitrtCh1fh￿ACl 1011. Chbrttylknourfs andPeptytsl Rreul4tkns ?C%
andthe pro*S%lons olthe 11115tdeed rtqUl￿ItheTl￿lee5fppr￿p￿rtftN1K￿l1￿ItO)eftUlwearh IlnaMaI￿ar￿hich live
Iruoand lalrYlt•olihestarÈol•ff•lrsolthe [hath•￿￿1he kKDmkii rewur¢es olrttoutetk InthJdln¢
the ￿￿￿tI￿lE￿penéitwe.oII￿￿cfvèlItylNt￿l1¥t0r. financw siattfflenu.ihe IrtssreeS￿e rEqulredto:
TrusiEes•it roqulrEdlO'.
O￿t￿tthe ifvdpthcWIAIF*Ch¥hySORP.
M•dtWemenrs •r4esikA*esih3t¥eitastyuble¥nd pftthfri
eP￿e the fM4ndaT 51altinenis oAit*y&4uKKembaslsl Unle￿11 hI￿pPI¢V￿le io wesLAiie Ihai
IheliuEtees•reiewNWe Iwleeplrf ¥yllw*th
financial F#xiiiof*oI Ihe ￿ArlI¥•￿Ie￿￿b1e iheffl i0enwitttsit￿ ￿rt￿l•l stsiewi15CLthpPéwllh theChJrit1È5 kl IOIL
IheChaFltylA(counU AeFrfsl RryulallM$ 2CUand iheyod%10Th50f trusi dtcd.TFwart•lig rospohslbltfot
5aleD*rdlryrho isseisollhetharltyandlvKe￿ iakk¥ reawaiAt ItEP51or ihÈdeieab)n •nd wevtAtlon ollf4wland
Olhef IriewA*ftlek
siepDiiwas•pwo¥ed ￿t¢￿Tru%￿¢s¢47 1? SemeThkn 202l•nd*hEdw ￿%be￿Iltsr.
Al¢hI￿￿nn i p
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BENEFIOAI VERACIOUS CHRIST CHURCH
Independent Examlner's report to the Trustees
For the year endod 31 March 2022
l ￿port wtPeTNiiees Dn mvtumhlltkn￿therrn￿JJrS1•1&1*nts0V•tr*f￿kIYela£1wschrkntU￿rthItht chyrrhll￿Iheve1￿ endtd JI Marth
Z02L whkh•t ¥rt￿lOn pJ¢ts5tDIL
ftespecrivtre5p0￿￿thS ￿ePt￿l￿ Eumh
Asthe ChwLh'sTwstoe&wi ire rtip0n5tyelvt￿PrEpaw1on glihefwr<41slatEmeThtskn xtyrd•r*Cewlththe rtquktmerttsol
theCh4rfi*sAct 2011llhe A¢i'i. Forthe vearended JI Marth I021￿￿(oT￿￿1ff thai•n ludit1s•￿ req¥W undetof 5eciion 144lll
ofthe Chirft*sA¢tlOII bull￿1•n
As IAdependeni ¢￿￿￿rIt ts rnyrewslMtyt•:
. ex•mlne Iho f￿•¢111 sutementsvfidtrsecthin 145 olii*lJ4rthsArt 1011
. loknyl*eprOod￿r￿5 knTh*4j￿l￿thtGel￿QlTrAe¢I1￿ÉWEffl bytr¢th*itycommb5knitysw4¢r5¢ak7n J4XSllbl
011￿cha￿lieSAcr 2011
Myt￿￿4￿￿1￿ carr*d ouikn •uDrdafttt￿ thEGentnItrfreaknsth￿ bythe ChJritycomfftlsskn*rL An
thdudes i aerountiw rKNds tythechwth C¢¥rnPJliwfyOlthefffta•cL41st*effthtswesented￿th 11
rteordL ItaL%• h￿udeS wryth¥tntk*ofar•ywvWalttemsordtyci55kn￿knlhQ rtha1￿1￿1staI￿m￿fif4 and the seeWn801
expl•nathJns fr￿￿U asTNsttts r¢¥i¢erniniitywth rnatrwk The￿￿￿nderta￿¢n doftatprry¥Al¢ I￿￿E th*Oen¢t￿l
Id be iequlred and, ¢thseq￿nI￿, I￿￿¢1￿￿￿￿e>S¥nQp1￿¥Jnas￿*￿ethtttheh1￿￿a1Strtem￿￿ts pre5eTrt • lytse
and faifvkn. andthEWtPtr¢i5 ljrn#edl#tlyJ5EinèitttSSrt•rtthlhtSt•iemtwbEIxv.
I have¢rynp*ied my ezarnjfialkn. l rn?UV5Eto
beknth¥llfi •rry ma*ts[￿$P1¢l.
i)
21
thErm•n¢lilstatÈrrtenud0¢th4(c￿dTA￿h￿￿ tt¢tydKoi
mothy￿*
ASS￿11eDI1he InStm￿tal￿￿rtv1d1LCa￿iam1 kn Er4la*1 Il￿Wa*￿
HinnPrs￿1￿r Lh*ed
Chartered Ae¢•UAl•hts &
5a111￿ H￿se. 19CedatR•ad
SuThEY. SM2 Sfyl
Datt: USryternbEv 2022
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OENEFICIALVEIiAOOUS CHRIST CHURCH
5t*tement ol Knandal Adivliles
Ftwihtyewththd JI 2012
Fw41
Fvnds
TOT41
$2
•XJ74
?•
Gob*rnm¢niyJDlsfe¢oKYd
95LXi2
83S
45A
Ntfftrtto
U9NII
U9MII
14oJ?I
69.199
520
7QO'.
•IL741
174Jon
31S
ILL742
Jts
124J9
J51
Fw4tyJI￿lm1I1trIrh2otl
979MJ
L•fyl
157.9$1
l¥Q6e
167.gst
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BÉNEficihL VERACIOUS CHRISYCHURCH
alaKt Sh*
Ji
A¢uikltd
2oJi
Funth
)JJJ
JJIJ
312.￿s
&757
1.011.6Jg
S.JJ4
11.770
461
3.361
JJJ
16.455
9.391
650
650
•)J*
iJ.w
LOIU15
146JlS
Ipu
**
49.JOI
LtyXY14
LQIJJIS
1.71?
14
1161
IJSL
ImL7Z4
(f
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BENEFICIAL VERACIOUS CHRisf CHURCH
Notes to the Financial Statements
For the yeaf tnded 31 Marth 2022
*•lprep•dtytsflnandalsI•tErr￿tI
finJnual ￿￿tEMentS of ihe thlrity. which IS a l*r*fjt ernttty uTrJer FR5 107. ha* bEen wepared In K￿dance with the
Charliie5 SORP IFIS J021'PxcountM4aTrJ Rerring ￿0*111￿5.$taleme￿t0f REtommended PractKE applirable tocharitlt5 Pteparini
r accounts ￿ accordance ¥Mth the Fina￿01 Reportlrq ￿andald appficablt in the UK and Re￿bric of Ireland IFRS 1021 leffectfve I
Janvary7019I'. fina￿{al ReportlnSsur￿rd 102 The firnanDal Reportlr4 5trndudappl*èblein UK Ind Re￿￿Or￿e1￿￿d. the
c￿11[5¢5 ZOII. The ￿￿1*111 ttate￿ been under ihehi4ttiv￿•1 tosi tonveniityi.
ft￿8￿131 sil￿nents include all liar￿10Th￿ a5setsand Ik*Aliiies fort*hith the tr￿￿ee$ can te hekl we5ponsiblt In &w. do r￿t
SIK￿de the Stsierren15 of ihe (hwth Clow5 th•1 alr￿1¥￿ body tl•)se that ale Inlwmal 8atherln85 DI
membEr%.
The charyry ha$￿ke￿ ad¥ania8e olthe fDllrrhang disrlowre tryrr•tkn thtstfinaTrial statefflents,as permitted by FRS 102
Yhe FINrthl Rewrtirystathrd wfica￿ kntheUK•r￿ Repthollter•n￿.
¢htrEqulr¢menud5ea￿ 7S1•l*fflv￿01C*lh
Imome
All InCr￿e 15 rtiwlsed In the Stat*wrtof Fir￿￿la1 d4ity has entltkn*tyt to lund5. wobable that the
knrDmEwill btre£er•*d •ThJthe awrtonbt m￿S￿¢dr￿1*.
Gfftsln ￿nd dDnit4d lorthsiilbthiatelncbAed *ivahWkn•id ttwni*dMlh¢or￿￿**0f1*Y￿tll1trtt1ured
iOIP* proRetkG¢lESthoated fot rts**E I￿ude￿aslT1CL￿￿¥Ihen th￿l￿101d. Oonated Induded
•tifve￿ue10thethe￿arity*htrQtbS¢￿beq￿anlir￿d ar¥Jathkdpartyb ￿All￿the r05L Noamouniare
uded In the fillar￿1 statQhW lryseryXe5*joNt￿ ￿¥(￿U￿leer￿
donatb)n.
Iituv•
UabllitJe5 irerec4vdkEd as ex￿￿rt￿le as soon aSfhere [51 *pl0te0Tr5tr￿￿% ot41pl￿nC￿rtl￿Ihe ch•rllytothat eAgenditwe.
b ts probable that • traTrsfer of ecL¥Krn t0￿rrts ¥JJl bt W￿re0 in sEttkn￿ anL1 the amownt ol the oWKiariM t￿ be measured
refla￿y. E¥penditure15accDwtedtsv an ￿T￿lIs￿$￿ has been tIaSsrf￿ unde¢ heaOin85 ih•i i￿re￿iE all cotts rdated to Lhe
tegory. Wheie CD5rs canThii be Lfreth atlrra￿ed io headlny bth •lloc•itd to arti¥lllE5 on a basls con5151ent
witbthtuse olieKKwtek
Gr•tts ollered to rothdithlrys f*l*h been Thei it eryl datè are IlLXtd as a commitn￿ Dot amed •5
Cosi aie3ll0ratEd￿ the prtnclpal ￿l￿be$0111* Chwthmthtl￿￿w￿1th1L'
-5*rtesand relèrtdtO%ts:thTrespert
General lundi ife unre51rkted IUThk*vhkh•reavaa•b￿ lhe￿se al Ihe dls(retlon Df iheTrnffttt In lurthe￿r*e
ol IhtetDETrlobkaF*tsollho charrLyaftdwhkh hkntmt beeftthlgnated Iwottth PU¥PD5eS.
Peslen•ted fwAl% cwhes uTrrestFkied lunds t￿1 hJ¥e beEhser aslde tyll*Trustees Iw pankukni purp￿e[
•lm in4 u%¢ Dlexh¢lMlin•iEd r￿1 kn the r¥xe%io Ihe nTharKWst•lEmenl5.
R#iritred lund$￿thI¥ beusod p¥t*￿Vies11k1*so￿solithtch￿th. le%tiknknnsaike*hen Sp￿IllEd tr¢ihedoAor Nwherl
ale ralied itsiiknedpJrpo%es. ThEto%tiol rahkn8ithl•*ithth1ef￿ S￿h lthJrerhar8ed*ykns1 ihesptcfjr
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BE14EFICIAL VERAOOUS CHRisf CHURCH
Notes to the Flnanclal Statements
For iht ye•r ended 31 Mardb 2D2Z
All Imrfscothffwti￿nCJ￿aleC1PIiJ4Vl.
T•wib￿r￿￿ •sws ire #atedat(0st LWth)n Is yorfedat iJtttcaWited w￿•11th￿
rsol1l¥edX￿￿10stbli OilNiedfe5bthJJl*aluL thlolwry b*
I5%￿￿¥hIL￿
Thelrtrhohlproptyts ￿￿te￿a1dee1rtd(¥lf 101 ￿Sed ortan Independent￿1￿￿1
TaJatk)A
thathylxeomKfrtynTh¥ofi ttstharif*4exikni
•t
1.429
lQ92J
?J
5JiO
Gllr •h1
isJ52
IS.￿7
Fw
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BENEFICIALVERACIOUS CHRISTCHURCH
Notos to ihe Financlal Statomonts
For the year ended 31 March 2022
Total Fur
102Z
Totsl Funds
2021
Galn Dn the dIs[K￿l01 a law1￿ thed a55et
374
906.374
thITiiable •rtP•llle5 f05ts
T4kn1 Fufid5
rotèl Funds
2021
Dlrea cos
nk ¢haryes
Legil & prDlesslonal fe¢s
bscrlpiions
Interest payable on bafts and rnrty8es
5vn¢Jry expertst5
PItntl￿ kx)%taK? & statknwy
offlce exFen5e5
Repalfsand rnalntenance
TelephonÈ& Comwter
TTrvtl¢osts
A•¢es & Waief
170
794
357
oi
365
540
1.198
335
262
L019
1.193
5,628
1.938
2¢))
L756
1.373
MwngeApenses
510faiE
Ptemlsts tynses
Pfemlses Ifisufan
Wales & sa13rles
5odal 5ecurtty tosts
Pen51on contributknis
Depre¢￿1￿￿. and equlwT*rt
Deprertatltrn. compuierequ5pment
Debve¢Ia￿0ft- ProFerty
4.418
1376
1.666
43.756
J4J02
65S
985
964
767
7.678
66.565
2.536
I20￿5
f•afvi
19JJ6
139.411
69,101
MIS￿00 Ouirexh Enll12021.' Enlll ￿lJIt￿tOlht Woff*nsWeK•rt Fund. ￿lOther3M0ufftts were In respert ol the
Gener•1 Fufid
Lqaland pmfessknn•lerynses reP￿ent kcalcon of MKcesdu1tyilelendl￿ the ¢lwJr¢h's r*ht è5 lJfidloid
a¢aln5t• Ihlfd party's %tlon Inii*win5 to pre¥*rt the Irom Ir¢t￿ and dispO￿ni•l It5 pmperty
51*11trfts
Totsl Funds
Tot•1 Funds
2021
Wales and ylai
xlal securhy (051$
PtfiSknncoAl￿Ixrtlon5
4J.756
65$
94B
985
36.IY)5
44.742
ClwJt<h si•ll
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OENEFICIALVERACIOUS CHRisf CHURCH
Notes to ihe Flrtancial Statements
FwthÈytarended31 IOU
Tcrtal Fwds
2011
911
918
Total Fur
21
Wellart
L3)6
i*.J
3J$
1536
T•tsi
At i
460507
LC67
1425.COJI
LLI57
Atji PAwth
35.S07
36.574
147J12
a￿l￿ft￿V
IliJ.2461
Atjl
JS,501
35.540
Atjl M•th7012
1.0
Atjl I4￿h2o￿A
Jii.7S4
311.516
12Q)
119
P*•p¥fftrrtS
Ifjtrr.FW￿b
1.157
S.757
2.916
l.lJ4
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8ENEFICIALVEKACIOUS CHRisfcHURCH
Notesto the Flnancial Statements
Forthtye•rtndtd 31 Marrh 201Z
N•thkPIt
L483
Iwz
Chsh
SeoJrty>ThJOttYrT•o5
LWrtslrThTrtnAte
4JJU
3L41J
17.5
45.131
191142
74J59
Int
r>.ts)>
Tnn5fer5b¢tstwfvF41
carred Frrn
2J61
43YJ
2.ISI
1>)3
Ll4hopg)dnilih pah14 St4ThloltSJts)12021:£SJtoiit*XU4
bEtwtMtrt1r￿lttx
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