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2020-08-31-accounts

Annual Report (Year ending 31st August 2019)

TRUSTEES:-

Pastor T H Thomas, Mr P G Lawrence, Mr D P Lawrence, Mr R E Kennett, Mrs J Callow.

The Church here in Wappenham and Slapton was established 1996 and continues in the work we believe the Lord has called us to do. Our main aim is to preach the Bible as the word of God and hold out the Lord Jesus Christ as the hope and Saviour of a lost world.

Our main Sunday services are held in Wappenham Chapel at 10:30am and in Slapton Chapel at 5pm. We meet around the Lord’s Table on the first Sunday of each month after the service. On Tuesday evenings we hold a Bible study/prayer meeting at 7:30 in the Wappenham Chapel. During the morning services in Wappenham we also hold a Sunday school for the children in the schoolroom. We do have a child protection policy in place and all of those working with the children are DBS certified.

There is a small library of various types of Christian books in the Wappenham Chapel for general use. These books are available to read at no charge.

The ladies of the Church meet every other week on a Wednesday morning in the homes of one of the ladies for a time of prayer and fellowship. Each Saturday morning (weather permitting) we go into Towcester town centre to speak to people and give out free literature to anyone interested.

We meet for a joint prayer meeting with three other churches in the Northampton area every three months and with a church in Banbury twice yearly.

Every year we send financial support to various missionary societies whose work is abroad, as well as supporting the work of Caring for Life (a Christian organisation in Leeds whose work is primarily among vulnerable people).

We continue to maintain the two chapel buildings and they are currently both in good working order. Both chapels have disabled toilet facilities. We have recently been looking into the possibility of finding a venue for the morning services in Towcester but to date have not found anything suitable.

During election times both of the chapels are used as Polling Stations by the local Council.

In total there are currently 15 members although we are pleased to see new people meeting with us whenever they come. There are approximately 30 that meet each Sunday morning which is encouraging for a church in a rural setting like ours.

The balance in hand at 31/08/2019 is £91,386. The accounts have been confirmed at the church member’s meeting and examined and approved by J.R. Watson & Co. (Chartered Accountants), Northampton. The accounts have been attached.

“God shows His love for us in that while we were still sinners, Christ died for us”. Romans 5:8

Pastor Trevor Thomas (Pastor and Church Trustee)

SLAPTON AND WAPPENHAM INDEPENDENT EVANGELICAL CHURCH

CONTENTS

PAGE 1 Independent Examiner’s Report
2 Statement of Financial Activities
3 Statement of Assets and Liabilities

1

REPORT OF THE INDEPENDENT EXAMINERS TO THE TRUSTEES OF

SLAPTON AND WAPPENHAM INDEPENDENT EVANGELICAL CHURCH

This report on the accounts of the Charity for the year ended 31 August 2020, which are set out on pages 2 and 3, is in respect of an examination carried out under s.43 of the Charities Act 2011 (‘the Act’).

Respective responsibilities of the trustees and the examiner

The charity’s trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 2011 (the Act), and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with General Directions given by the Charity Commission. 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 the trustees 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 accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that, in any material respect, the trustees have not met the requirements to ensure that:

  2. proper accounting records are kept (in accordance with section 41 of the Act); and

  3. accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or

  4. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mrs S E Leathem J R Watson & Co Eastgate House 11 Cheyne Walk Northampton NN1 5PT

16 November 2020

2

SLAPTON AND WAPPENHAM INDEPENDENT EVANGELICAL CHURCH FINANCIAL STATEMENT FOR THE YEAR ENDED 31 AUGUST 2020 GENERAL FUND RECEIPTS AND PAYMENTS ACCOUNT

2020

£
£
RECEIPTS
INCOMING RESOURCES FROM DONORS
Offerings
29,940
Income tax recovered
6,718
36,658
OTHER VOLUNTARY INCOMING RESOURCES
Donations
540
CFL collection
167
707
INCOME FROM OPERATING ACTIVITIES TO
FURTHER THE WORK OF THE CHURCH
E.T. subscriptions
47
INCOME FROM OPERATING ACTIVITIES TO
GENERATE FUNDS
Hire of halls
140
Village meal
-
140
INCOME FROM INVESTMENTS
Bank interest
440
TOTAL RECEIPTS
37,992
PAYMENTS
GRANTS TO FURTHER THE WORK OF THE
CHURCH
Mission and relief agencies
1,567
CHURCH ACTIVITIES
Pastor’s stipend
36,908
Preachers and speakers
650
37,558
CHURCH MANAGEMENT AND
ADMINISTRATION
Maintenance
265
Insurance
1,012
Printing and stationery
337
Heating
1,856
Water charges
727
Telephone
158
Gifts
130
Payroll preparation
250
Hire of halls
-
Hymn books
43
Sundries
-
4,778
TOTAL PAYMENTS
43,903
DEFICIT OF RECEIPTS OVER PAYMENTS
£(5,911)
Bank current and deposit accounts at 31 August 2020
83,948
Accrual at 31 August 2020
170
NI debtor
1,527
Accrual at 31 August 2019
(170)
Bank current and deposit accounts at 31 August 2019
(91,386)
£(5,911)
2019
£
£
30,244
6,191
36,435
1,155
-
1,155
83
170
231
401
461
38,535
1,689
36,058
615
36,673
65
966
311
1,833
292
160
1,050
298
64
488
138
5,665
44,027
£(5,492)
91,386
(170)
-
104
(96,812)
£(5,492)

3

SLAPTON AND WAPPENHAM INDEPENDENT EVANGELICAL CHURCH

STATEMENT OF ASSETS AND LIABILITIES AT 31 AUGUST 2020

MONETARY ASSETS
HSBC Investment account
Lloyds deposit account
Current account
Cash
TOTAL CASH
OTHER ASSETS
Freehold premises at cost
Debtor
LIABILITIES
Creditors
TOTAL LIABILITIES
TOTAL NET ASSETS
REPRESENTED BY:
Premises financed
General fund
Notes
1. General fund
At 31 August 2019
Excess of payments over receipts

At 31 August 2020
£

General Fund
£
60,000
15,000
8,558
390
83,948
110,841
1,527
112,368
(170)
(170)
£196,146
£
91,743
104,403
£196,146
£
£
110,314
(5,911)
104,403
Totals
2020
£
60,000
15,000
8,558
390
83,948
110,841

1,527
112,368
(170)
(170)
196,146
£
91,743
104,403
196,146
£

2019
£
60,000
25,000
5,896
490
91,386
110,841
-
110,841
(170)
(170)
202,057
91,743
110,314
202,057

SLAPTON AND WAPPENHAM INDEPENDENT EVANGELICAL CHURCH

CONTENTS

PAGE 1 Independent Examiner’s Report
2 Statement of Financial Activities
3 Statement of Assets and Liabilities

1

REPORT OF THE INDEPENDENT EXAMINERS TO THE TRUSTEES OF

SLAPTON AND WAPPENHAM INDEPENDENT EVANGELICAL CHURCH

This report on the accounts of the Charity for the year ended 31 August 2020, which are set out on pages 2 and 3, is in respect of an examination carried out under s.43 of the Charities Act 2011 (‘the Act’).

Respective responsibilities of the trustees and the examiner

The charity’s trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 2011 (the Act), and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with General Directions given by the Charity Commission. 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 the trustees 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 accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that, in any material respect, the trustees have not met the requirements to ensure that:

  2. proper accounting records are kept (in accordance with section 41 of the Act); and

  3. accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or

  4. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mrs S E Leathem J R Watson & Co Eastgate House 11 Cheyne Walk Northampton NN1 5PT

16 November 2020

2

SLAPTON AND WAPPENHAM INDEPENDENT EVANGELICAL CHURCH FINANCIAL STATEMENT FOR THE YEAR ENDED 31 AUGUST 2020 GENERAL FUND RECEIPTS AND PAYMENTS ACCOUNT

2020

£
£
RECEIPTS
INCOMING RESOURCES FROM DONORS
Offerings
29,940
Income tax recovered
6,718
36,658
OTHER VOLUNTARY INCOMING RESOURCES
Donations
540
CFL collection
167
707
INCOME FROM OPERATING ACTIVITIES TO
FURTHER THE WORK OF THE CHURCH
E.T. subscriptions
47
INCOME FROM OPERATING ACTIVITIES TO
GENERATE FUNDS
Hire of halls
140
Village meal
-
140
INCOME FROM INVESTMENTS
Bank interest
440
TOTAL RECEIPTS
37,992
PAYMENTS
GRANTS TO FURTHER THE WORK OF THE
CHURCH
Mission and relief agencies
1,567
CHURCH ACTIVITIES
Pastor’s stipend
36,908
Preachers and speakers
650
37,558
CHURCH MANAGEMENT AND
ADMINISTRATION
Maintenance
265
Insurance
1,012
Printing and stationery
337
Heating
1,856
Water charges
727
Telephone
158
Gifts
130
Payroll preparation
250
Hire of halls
-
Hymn books
43
Sundries
-
4,778
TOTAL PAYMENTS
43,903
DEFICIT OF RECEIPTS OVER PAYMENTS
£(5,911)
Bank current and deposit accounts at 31 August 2020
83,948
Accrual at 31 August 2020
170
NI debtor
1,527
Accrual at 31 August 2019
(170)
Bank current and deposit accounts at 31 August 2019
(91,386)
£(5,911)
2019
£
£
30,244
6,191
36,435
1,155
-
1,155
83
170
231
401
461
38,535
1,689
36,058
615
36,673
65
966
311
1,833
292
160
1,050
298
64
488
138
5,665
44,027
£(5,492)
91,386
(170)
-
104
(96,812)
£(5,492)

3

SLAPTON AND WAPPENHAM INDEPENDENT EVANGELICAL CHURCH

STATEMENT OF ASSETS AND LIABILITIES AT 31 AUGUST 2020

MONETARY ASSETS
HSBC Investment account
Lloyds deposit account
Current account
Cash
TOTAL CASH
OTHER ASSETS
Freehold premises at cost
Debtor
LIABILITIES
Creditors
TOTAL LIABILITIES
TOTAL NET ASSETS
REPRESENTED BY:
Premises financed
General fund
Notes
1. General fund
At 31 August 2019
Excess of payments over receipts

At 31 August 2020
£

General Fund
£
60,000
15,000
8,558
390
83,948
110,841
1,527
112,368
(170)
(170)
£196,146
£
91,743
104,403
£196,146
£
£
110,314
(5,911)
104,403
Totals
2020
£
60,000
15,000
8,558
390
83,948
110,841

1,527
112,368
(170)
(170)
196,146
£
91,743
104,403
196,146
£

2019
£
60,000
25,000
5,896
490
91,386
110,841
-
110,841
(170)
(170)
202,057
91,743
110,314
202,057