South England Conferonce of Seventh-day Adventists Regl8terod Charlty No (England and Walesl: 1045587 TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
South England Conference of Seventh-day Adventists Contents Pllg• Tru8t••8 R•fffjr•n and admlnl•tratlv• d•talls of th• Charlty and advl8•r• Tru•tM•' rnport 3-10 Ind•p•nd•nt audltorf¥ r•port Stalem•nt of flnancl•l •ctlvlti 15.16 B•lanc• •h••t 17 •*h flow •t•t•m•nt Not to th• flnancl•l ¥tal•m•nts 19.37
South England Conference of Seventh-day Adventists Trustees Poslor Emmanuel 08el (Chairman) (Exacutlva Sacrelaryl (Treasurer) Pastor Douglas W McCorm8C Mrs Candy Layson Mrs. Esther Aryee Pastor Anlhorty Fullér Mrs. Abigall Wright Ms Judy Clements Mr Kwasi Dankwa Mr Wayne Erasmus Ms Julita Francois Ms Natalle Henry Mr Dwayne Law80n M3 Nomsa Mophango Pastor Samuel Ouodlo Pastor Sorln Petrof Pastor Mlcha81 Salmon Ms Isha Scolt MS Abigail Wrtghl. Stephen8C Pastor Bemard Akakpo Pastor Hezron Adlngo Mr. Gri81 Wllbur Mulambara Pag• 1
South England Conference of Seventh-day Adventists Reference and Administrative Detai18 of the Charlty and List of Advlsors Charlty numb•r 1045587 R•gl8t•r•d Offlco 25 St John's Road WaNord Hertfordshlre WD17 1PZ Bank•r4 HSBC B8nk plc 73 Hlgh Slreot Wadofd Hertfofdshlre WD17 4RB Sollcltor4 Anthony Colllns Soll¢ltor8 134 Edmund Slreel 8lrmingham West Midlands 83 2ES Audltor• Moore King$lon Smllh LLP 4 Wictoria Squar6 St Albans Hertlordshlt8 ALI 3TF Employm•nt AdvIr Cltation PIC Cilalion Housa 1 Macclesfield Rood Wilmslow SK91BZ Pago 2
South England Conference of Seventh-day Adventist Trustses Report for the year ended 31 December 2020 The Trustees of South England Conference of Sevenlh-day Adventists pfesènt this report for the year ended 31st December 2020 1096lher with the ¢Cnsolidated charity accounts, which have been audited by Moore Kingston Smllh LLP. This Trustees, Report is not only to fulfi'l the legal and statutory requirements. bul il is intended to explain the actlvblles and future plans of this charity. The Church Growth and Advent Mission Department 202Q will bè r8membered as the year ihal brought us the pandemic and SnlrodLced such phrases as the Irkdown, COVID-19, drive-through tosung and soclal distancing into our mainstream vocabulary. Bul d8spile the rapidly changing 8nvSronm8nl we founij ourselves as an adminislrallon, dlrectors, paslorB, SUPPOrt 51aff and most of all as members doubllng our collgcllve efforts to meet the challeng8s of this new world and sought lo malnlaln our progTamm8s and sorvlces lo ccnue lo reach out to an over anxious publlc th hope and help. The Department of Church Growth and Advenlisl Mission rgtolns ils posllion 88 8 resourcing and equipping agent thIn thè Conference. However. thls year was an especlally challenging one lor the department and the pandemlc sav8r8ly Impact811 Ihe regular reglme of leaching. proa¢hing, seminar and Irainlng weekends. Through tho Church Plants 8nd Group5 aB50cialed with this Department we have.. 011ored physical and onling space5 for communlly to oalher lor inleraclion. worshlp and communlty- bulldi1g Regular public worship open to 811-18rgely through onlinè platforms in 2020,, Opportunities lo learn about Christian lailh through sermons, courses and small groups. Due lo Covld reslriclions Religlous assernbll8s in 8choo18 have not baen abl8 to proceed as u8ug1; Sought lo move the various Chris118n eth08 clubs that normally operat8 fvom Ihg local church building onlo online platform5. In this way groups such as taans. youth, Senior citizen5, par8nts and loddlgrs ond single mums, have continued to hav8 a measure ol support in these difficult limgs. Sadly, due 1¢ Furlough dynamlcs. many Ioc81 leaders were réndered unavailable for officbal duties lor 3- 6 months 012020. Through th8 SUPPOrt offered by Ihis department, local congrggallons conllnue lo promole th9 physScal. Tnental and spiritual well-being ol their local communllies as a demonslrallon ol our fallh and mlsslon. Cornerstone Counselllng Servlce (CCS) This was a year filled th anxlgly, uncgrtalnty, fear, and depre8slon, due to the COVID-19 pandemlc. CCS has expertenc8d Iho busiest perlod since Ils e51abli3hmenl. Th1$ was 8 Cfllic81 Ilm8 lo support churoh members and the der community. Free coun3811ing wos offered lo NHS staff and other fronl-llne workars l0Snlng other charill8s were already dolng so. CCS also launched a Llslanlng line Ihal operates from 8am Its 12 midnSghl 7day8 a week lo support the lonely. isolaled, bar8BV8d, anxious clients. This became a lifellne lor many e8pecially during bckdown periods. CCS a150 delivered work$hops and presenlalion5 on various mental h8Bllh Iopic8 including trauma, abuse. domesb'c violence, grief & bereavement, communlcalion and relationships, forglveness. confll¢t management. depossion, anxlaly. d&presslon & nulrilion, developing a posilve mlnd, men and women's mental health, conquering neg81ive thinking. prayer and mental health, Goping wlh COVID-19, COVIO -19 and mental health. Impact of COVID-19 on the familgs mental health, 8elf-esleem and bo(ty-image, the impact of COVID-19 on relatlonships, famlly unity during COVIO-19. insecurity In 18am8. listening lo young peopl8, BAME communi1108 and barriors lo mental health, black man and mental health, healing generatlonal trauma. lo name a few. DelNering these ovgr Zoom, a wider community was re8chèd. Pag• 3
South England Conferonce of Seventh-day Adventist Trustees Report for the year gnded 31 Oecember 2020 Cornerstone Counselling Servlce (CCS) <Contlnued} CCS, present and firture vision is to continue supporting those experiencing mental health is8ues, those in isolation. and those tho suffar the pandemic's impact on their present and future Ilfe. Breaking the stlgma on mental h•alth is paramount. A special thank you goes to our (Jedicatod team that work3 hard to reach our vison. Th• Children's Ministri08 08partm•nt (CMD) The department remained busy dgspilt the lockdown. Mindful of the n88d lo provlde activities for chlldren tha department embarked on producing a numb8r ol virtual events. Examples includ8, the Easter 810ry. 8nd the summer annual flagship- Vacation Bible School IVBSI week -long programme that has a unique approach lo children's mlnigty. The latter reinforces spiritual growth and encourages long-tem leaming. This event appealed lo children and lamilie5 from multiple lallhs evidenced from the partlcipalion ol over 600 childffjn. The CMD Bcknowledged a number of spirllual 8mphas15 days, In the autumn of 2020. World Orphanslvulnerable Children's day was observed. Children's awareness ol what rt means lo be orphaned was heightened, as the CMD explored the global caus8s that leave mllllons of children alone, Iso18ted and vulnerable. Such a$ war, poverty and Gllmate change, lo d88p&n their und8rstandSng of this complex issue. Children ware Invbled lo racite and wdle Fcelry offerlng wcfdB of comfort and compa881on for orphoned chlldren. The CMD prornoted '8nll.bullying week, lo Increase awareness among children In the South Engl8nd Confgrence ISECI that thera is zero tolerance lo bullylng, Tho week wncluded wllh th6 splritual them6 from the story of the Good Samaritan. The CMD celebrated 25 years of Children's Ministry with 9 8hort film producllon about the knrk of Advenlisl CM from dlfferenl conlinenls. Th8 year anded I1h a virtual fesllve se88onal production of th8 journey of Chri81 from blrth through lo death and resurrection. Thls inleracllve ev&nl onabled m8ny chlldren across the SEC lo showcase Ihelr muslcal, oratory, poollc and lttespian Skllls. Over SOO tuned In to watch on Chrlslmas day. Community, Pr180n and Dlversity Minlstrles department 2020 was an unpr8cedent8d lime for the Community. Prison and Diversity Minlslries departm8nl. Al th8 beginnlng ol the yeor we visited our church8s 8cross the South of Eng18nd including Milton Keyn68, Gloucester, Plyrnoulh. Soulhamplon, Vveston Supermare and Brixlon. As we a8sess8d lh8 financial impact ol COWD on our operallons wè undortook 8 fundr8I81ng drlve lo suppl&m8nl costs for our Homeless 8heller. However, because of th8 Sgoond wave we had to postpone those aclivili8s olso. Additionally we launched 8 Social medla drfve lo raisè awareness of the work neoded for Prison mlnlslrl8s. This is with the hope lo build a r8leased prisoner support neork. Finally In the wake of the Georg8 Floyd tragedy, the diversity department has bgen Involved in an internal process lo look al the Impact of racism, prejudice and dlscrfminalion with the vl8w of making11 betlgr for our churche5 and those in the church8S r8spectfvg ¢ommunities. Thls is stlll ongoing. Page 4
South England Conference of Seventh-day Adventist Trustees Report for the year ended 31 December 2020 Men'8 Mlnl8try During the year we have been hdding Zc¥)m virtual meetings every Monday evening for Men dealing with subjects on Mental Health. Exorcise, Cooking, Domestic Violence It)ward5 Men, b8ing accouniable, mentorship elc. Th8 rea50n vthy we held thesa meellngs was because sincg we were in lockdown, we thought that Men needed some kind of comfort, gel them talking. not being alone. We wanted to create a safe ploce I space so they can talk and be comfortable in an envlronmenl vthere trust 18 around them. We a180 had a men'5 dayon 2151 November 2020. and thè theme was 'What's your Story,. The Klea behlnd th15 was lo share Ihelr story on the difficult limes they have had gone through and how Ihey overcome it. This wll be able lo help Men in and outside th8 church that are tuning in. they can overcam8 any $iluoUon they are in by just reaching out, talking, saying something. Pathfinders and Adventurer8 The buzz words for 2020 when il came lo PalhfSnder$ and Advgnlurers was 'Virtual' and 'Re8ilien¢e'. though we could not gel together physically and have evenl8 an¢J programmes in and lor our communilias. Palhfinder5 and Adventurers was r8sI1i8nl by offering online cont8nl. Th15 conlenl was sh8red by Palhflndery and Adventurers by Snviling friends to logSn, link In and engage wlth Ihe content. a result of th8 Vlrtual opwrtunitie8, we Grealed a few'fi'rslg, for Pathfinders in the UK. The first onllne content offering Pathfinder Honours from home, the first E-camporee, and the first conlerence-wida currlculum camp. Palhfind&rs 8n¢J Adventurers also look the ch811enoe lo enrich Ih8ir communille8, 8.9. 5km Sponsored bike ride to raise money for ADRA UK., volunleerlng al Wattord'¥ One Vision project,. and Dggenham Eagles launchlng an onllne activities hub called 'One Borough One Love Adventurer Hub,. Personal Mlnistry Personal mlni81ries supported the IoeAI congr8galion8 wllh Iralnlng resree3 to help them bg vislble, valuable and avgilable lo Ihelr comrnunllle8. Uslng zoom 8nd other dlgllal platforms members were Ifained on Inlercessory prayer for their communlties and provlded with inlormalion. m818rial and moral 5UPPQrt especlally 88 People suffered lh8 dllferenl effect of COVID-19. Through the SEC School ol Mission 8nd Leadershlp memb8rs tr8lned as community chaplains, conlllcl resolution and active listening. Some workgd alongslde street pastors helplng tha homeless and meeting othgr immgdi8te and long-term needs. Due lo th8 lockdown, churches were nol able lo offar thgSr spaces and Ihelr regular programs to the communlly In the s8me way. Many used their space lor food b8nks and lo offer takeaway meals and groc8ri8s. Members P8rticipal8d in dgllverlng needed help lo th8 ndY nelghbour8. Property Management In 2020 the department saw the mpletson of Clapton church'¥ Tgnovats'on prq'ect that wa8 signed off in March. Clapton now has br¥nd new WC facilrtigs to the rear that 8180 include an accessible WC. The La81 snag list for Ihe project wtll be completed in Aprll 2021. Hay's Wood Retreat, formerly North Runclon, (the SEC'818rge81 bullding wolecl ever urKI?rtakenl had its practical cornplelion on 31st December 2020. The next phase of the project will be lo furnish the 5118 in preparatlon lor ils use. Although the number of building project8, acouislllons and disposols was limtted In 2020, we dld suppt)rt several congregations in their search for new premlses such as Palmers Green. Bamèt, Holcomb Road, Lae Vall8y, Brighlon and Hastlngs. The department is also still working wlh Galwick on a major project where we arg working wlth several national bodK8S leg Historic England, Common Wealth War Graves Commisslonl and local authority over the long lenn use and presarvalion of the property in which GahM¢k SDA are currenlly worshipping. Chapel Porth Camp site also continues lo be re-developed and In 2020 the departmanl was able lo showcase a numbgr of new caravans. Tho plan movln9 forward is lo C(tin8 to upgr8de the stte and improvg its facilities for our conslituenls. Page 5
South England Conference of Seventh-day Adventist Trustees Report for the year ended 31 December 2020 Prayer Ministries Department 2020 dawned with mud) promise and possibilily. Al the annual Expo, Tha Prayer Mlnistry Department Coordinator Linda Nyamhunga presented th8 vision of the Prayer Ministri8s department and invited the members in allendance at the plenary session lo brainstorm for the year, The following ware the planned events and programmas.. Annual prayer retreat Operational prayer Ilnes In each church Area days of prayer A8 Coordinators, regulaf meetings Quarterly All-night prayer meelings Training inlefcessors in every district The theme was And My House shall be called a House of Prayer for all People" bearing in mind that every individu81 faced challenges al a given time, bolt fin8n¢i8lly, socially, and emotionally. The firbl ev8nl of tho y•8r on the & 16 January 2020 was the General Conference womowde 'Ten Days of prayer. which was eagerty hosted in many churcheB acr085 the SEC. The len day8 of prayer Gulminaled in a hall night on 18 January 2020 01 pr3yer al Holcomb8 Road Church and wa5 allendad by over 150 people. Th8 half nlght W8s characlerised by baauliful muslc by Tollenharn Holcombe Road Slnging group, faith inspirlng leslimonles and a rouslng call to preachln9 Of the Word. A special all night prayer programme was hosted by Slanborough Secondary School Porgnis Teacher8 Association Praying for students and all young peopl8 Bnd Ihelr parents on 22 February 2020. Al80, we had a day of pr8yer for London Minislers on and a d8y of prayer for the SEC s18ff8 wher8 the office wos closed and the staffs were gn¢oura9ed lo pray together, whlch was a wonderful eXpernCe ond broughl workers togelhgr this was held al Walford Town Church 5 February 2020. In February 2020, SEC Prayer Ministries collaborated wth Pla18tow Prayer Tower for an All night prayer meeting., Show$e al Plaislow Church. People from 811 parts of the conference In need of prayer joined the sasslon. The SEC prayer Ilne which has been rSnglng al 6am 8v8ry momlng r8In, 8n¢)w or shina since 2015 conllnued lo bg a balm of healing and a sale retr881 for troubled souls. The number of 8118ndees has increased from less than len Indlviduals Sn the p88110 80-100 slnce March 2020. The prayer lin8 has wltnessgd non-Adven115ts loining and becomlng regular callers. The maln focus of the SEC proyor Ilne is dlscipleship, nurturlng. mgnlorlng and Irainlng membars 8nd young people in leading oul and preaching during servlces in Iheir home8, local churches, Bnd 81 prayer meetings. One of the success stories has boen the tralnlno and equipping of new Prayer Leaders for local churches. The prayer team oftgn follow up on prayer requests and mako p8rsonBI follow ups and conl8Ct pelllioners. What a way lo ovangelise through prayer. We have had contacts with Individuals who 8re faced with 5erbus health issues and held anointing services Vlrtually. Another 8r8a we have been stretched lo the lullosl is supporting bereaved members. 11 is Impressiv8 to experlence the unity and commonality among membgrs. tho joy of c8rrying each other burdens. Many of our membgrs see the daily opening gf Ihg prayer line as a place wh8r8 burd8ns 8re lifted and a r8fug8 in lime of storm. Sharing loslimonies daily on the prayer line have brought hope and encour8gemonl lo many amidst the dlfficull Ilmes we are facing. Som8 have leslified that the SEC pray8r mlnlstry Is like family lo Ihgm, they have a Flace to wake up lo. When the Governmanl announced a national lockdown in March 2020, Ihorg was a mindset shift from physlcal meetings lo online platforms. This affected many pe¢wle who were not technically savvy and yet many bravely venturgd in the world of onlina meellngs. Page 6
South England Conference of Seventh-day Adventist Trustees Report for the year ended 31 DecombBr 2020 Prayer Minlstrle8 Department (Continued) Many churches and church groups bagan holtjing prayer meetings on virtual platforms. Many new prayer groups around the SEC wer8 crgalod in response lo this new challeng&. Even r8lre818 were held virtually. Prayer Ministries participated as House of Prayer on 14 - 20th June 2020 in the SEC camp meeting by hosting Prayer, Praise and TeslSmoni88 lime from 7am to 8..30 am every moming. The virtual Prayer Retreat wa8 held on 31 sl July- 2nd August 2020. The theme w88 the assurance that"God comfotts Hi8 people in crisis" Our focused areas w8 mlnistored were.. Pr8y8T 8nd grief, Prayer 8nd fe8r and Prayer and insecurlly. We worked alongsldo the Cornerston8 Counselling dapartm8nl, jdning hands Wtth Prayer Ministries to support those struggling. We had 8 session on Mental health called"Hope Beyond grier, nlcely presented by Elvls and Ruth from Elpizo Counsg11in9 and 188rn. Prayers and pasloral care have continu8d Ihrough the difforenl prayor lin95, days ol prayer and monthly day of lasling 8nd prayer are bolng organlsed lo support each olhor, these h8ve been the source of strength for SEC Prayer Ministry. Teens Ministry In 2020, Ihe SEC Teens Department adapted its appro8ch and the conlenl of Ils programmes due to the COVID-19 pandemic and the emolional Impact il had arnong the teenage population. Consequently, throughout the year, our programmes, weekly workshops and semlnars h8d a strong emphasis on loplcs 8ueh as stress managernenl, how lo deal with anxi8ty. how lo deal with worry, grief, healthy ealing habllg, sleep deprivation. exercise, healthy eating habils. coping mechanism. healthy pastimes. sludy habll5, holplng al hom6. rest and sleep, lim8 m8n8gemenl and networking, among others. We also started a weekly programme that Ss streamed on YouTube and Facebook slmulloneously. In Ihls programme, we had speclal guests such as m8dlcal doctor8, teachers and counsgllors who 8poka about thomes slmll8r lo the on8$ $9gn above. As we celebrated our programmes vlrtually In 2020, we Inlarocled wllh the teens and Iholr famllSes using th8 online chal facllltlas throughout the prograrnmes. However. we also inl8ractod wllh the teens dally using our Instagram p8ge, Facebook page. webpogg, emall, and the WhalsApp group8. Women's Minlstry Report Goal• and ObJ•ctSv To providè Menlal. Emollonal, and Splrttual Support during Ihe COVID-19 Pandèmlc. Evènts and Programs On Sundals Women Insplrollonal Power Hour al 10 -11 AM The Upper Room Exparl8nco 817-8 PM W8dnesdals Morning Haalth Prograrnme al 10-11 AM Lov• in Actlon R•port Hardshlp Funds Financial Grants for Women and FamilN?s Emotional support Persons and Organlsalions got fund8 lo help in limes of Crlsis. We Cel8brat8d 25 years of VVom8n's Ministry woddwde. We have hosted a we8k-long programme where woman wgrg informed and empowergd. Support Group We provided support to thoso gxperi8n¢ing sickness. borgavomenl, and depression. Now Yr.5 Thanksglvlng Program for Womon This event aimed lo allow women lo hear whal othar women were Involved wilh regardlng oulre8ch work in tho Now Norm. In realising that many women were slrug91ing wth the lockdown, we wanted lo provlde encouraging. empow8ring, 8nd Spiritual fulfilmanl lo cope with this Pandemic. Pag0 7
South England Conference of Seventh-day Adventist Trustees Report for the year ended 31 Decombar 2020 Women's Ministry Report {Continuod) End it Now Dayl Dom•stlc Vlolenco To educate and empower women with matters ralallng lo domestic abuse. Sadly, nalionwde there was an increase in Dom8stic Violence during this Pandemic,. we aimed to sAleguard those vulnerable lo such abuses through informab'on and education. We managed to hold most of Ihe progr8mmes above on tha Zoom forum due lo the pfevalenca of COVID-19. which meant wom8n could not meet as initially planngd. Youth Mlnistries Youth Minlslries has continued to remain committed to speclalisl training and empowerment for youth a¢Jers and their teBms whllsl creating opportunrties and spaces for youth to personally 8XP8ri8nce the reality of God. In January we hosted our Youth Lead&rship Conference whlch cat8rèd for 102 youth leaders across the South of England., they wer8 inspired lo rebuild the walls on their spiritual and personal grovAh as they continue lo empower their young people. As a result ol the confer9n¢e, wo recruited over 40 lead8rs who joined the Senior Youth Leadership Award prc¥3ram. In the mldsl of pl8nnSng for our annual Global YcMJlh Day and Community Blwd drive we were haltad in r tracks ¥th the roalisalion of how badly Covid was offecling life 88 we know it. All physic818venls had lo be cgnc8lled and as Covid began lo spr88d across the UK we wer8 token Into 3 nalK)rwide lockdown. Desplle Ihls perCeed sglback Il In f8¢1 allowed for mor& innovation and opportunities to reach our youth differanlly allowlng for our dlgilal and wcial medla pl8tfoms lo take centre si899. We held panel talks via Zoom and Stream Yard ranging from lopics on race, relationshlps, cufnI evenls and spiritU8111y. Inslagram and Facabook pages would host live ¢hals Includlng ex8rcI8e se13 Irom trBin8d professionals and molivalSonal videos. We collaborat9d ¥th Community Mlnlslrles and planned the virtual P300 run it, bike il and walk il challenge, helping lo ralse over £6000 for the horneless for Christmas. We had ovèr SO youih who partlclpaled In Ihls flrsl.1Smo virtual in111811ve. In addilion, w8 s81 up an online store s8lling youth minlslries merchandlso and created 8P8ce3 on our social media platforms lor olh9r local church youth groups lo share Ihelr varlous youth minlslrles. Overall, our youth gngagem8nls and followors saw a slgnificanl Increase as we navigated the88 slraNJ8 Ilmes wth relevant, on demand programs. Th8 n6w Senlor Youth Leadership Award transferred onlln8 lo ensure training and development was not alfecled. Financlal review Without our committed staff and faithful church members, the succ8ss achleved duilno ihls extraordinary year would not have been posslble. Strong leadership was provld8d by our 207 employees and hundd$ of volunteers in Ioc81 churches. Pivotal lo th8 work of th8 charity during the year was the flnancial support ol our member8hip. vkno gave a total of over £14.6m in lilhès and freewll offering5 and donations lo support the work. Th8s8 lunds v48re used lor staff sal8rSes, evangelistic 8ndaavours, humanitarian work. 8ducallon, retirem8nl beneflls and the general gov6mance and admlnislralive operations of Ihe South England Conferanc8. The Trustees consder that there is a reasonable expectation that the Charity has adequate resourcès lo continu8 in operational existence lor th9 foreseeable lulur8 and for this reason, the Trustees continue lo adopt the 'going concern, basis in preparing the accounts. The trustees have assessed th8 risks f3ced by the charily in¢luding $3legu8rding risk5 and rlsk causè by the global pandamic and have formulated plans to Tniligale these risks. Restricted and Unrestricted Funds and Reserves Reslrlcled funds are generated when the donor slipulales how thair ¢Jonation may be sp8nt. In most cases there will be a tim8 lag between when such funds are received and when Ihtry are expend8d. Al 31 DeGembeT 2020. restricted funds for the charity lolalLed £9.105,28312019". £7,784,699). P•gè8
South England Conference of Seventh-day Adventist Trustees Report for the year ended 31 December 2020 Restricted and Unrestricted Funds and Reserves Icontinuod) Unreslricled fund$ are generated when the donor does not stipulate how their donallon may be spent. Unrestricted funds include designated funds, whwe the Trustees have set aslde monies for a specific purpose. Tlthe fund (Operatlng Rèsèrves) It is Chafily pollcy lo hold an operating reserve equal to 20% of annual opor81ino budget. The Trustees arg seeklng lo ensure that thi5 pollcy Is mel by the charrty. Invoslment In prop•rty fund Al 31 Decemb8r 2020, the level ol the reserve for Properly. Churches and School Buildings was E33,413.20612019.. È34,941,618) and include8 the asselg disclosed in the notes to the financial slalements. Unro8trlct•d Funds Al 31 December 2020, unreslricled funds for the charity lotalled £34,212.49812019.' £32,780,611). IMPACT OF THE CORONAVIRUS PANDEMIC The Tru8lees havo ¢on8ldered the impact of tha Coron4vlru8 P8ndemic during the ye8r and since the yoar-end, and th8 Various measures Igkon In the UK lo contain il, on Ihg oper81iong ol the charity. The Iru8tee8 have 18ken 8leps lo milig8le the fin8nci81 impaGI on the chartty's affairs. by both en8uring Income can be coll8ct8(J and c8refully managing gxpondllure and hav8 taken up av8il8ble Governmant Support. Thes8 slep8 are p18nned to conllnue 8nd th8 Tru51ees believe Ihal they will not be elfactive as the UK conllnues Ils recovery from the 8ff8cl8 of the pandemic. They S confident that tha measures taken, together wlth the fin8nclal st8bllily of the charity, 11 enable il lo continue to op8r8le for the foreseeable future. OPERATIONAL PERFORMANCE AND SAFEGUARDING THE VULNERABLE The South England Conlefence continues lo operate a policy of care for Iho vulnerable withln Ils communlty. All employees and congregatn members working wllh children, vulnerable adullsleld8rly 8re required lo undargo a mandatory check for sul¢abillty t185ng the Dlsclosure and 88rrlng SerVe ID8SI. Trainlng for Child Protecllon Is provlded through onllne Child S8f8ty Awareness courses ond local training progiammes by our 'Keeping the Church Famlly Safe, {KCFSI coordinalor. The Trustees ara confident that the South England Conference was operated in h8rmony th its Purpos8. which as staled in ils Conslituli¢Jn15 .10 proclaim and leach the evedasling gospel" The Charity ha5 a number of slr¥legies for achieving ils obloclives primarily through th8 departmènts In th Conference. METHOD OF APPOINTMENT AND TRAINING OF TRUSTEES Thg management of tho Charfty Is the respon&bilily of the Trustee8 who are 8cted under the terms of the conslilution. New twstees are provided wlh copies of the Charily's con8btulion and a discusslon 18 carried out in relation to the Charity. In addition, each tru51ee receives a copy ol the Charity Commission document "The essential Iruslee- vthal you need to know, what you need lo do. and the regular Charrty Comrnission NewsletteTs. In addition. Trustg9s are provided wlh rogular txjlmins from the Churches Legislative Advi50ry Service. Page g
South England Conference of Seventh-day Adventists Trustees Report for tho yoar endod 31 Oecember 2020 The TruBtee$ are respons1 for prep8ring the Trustees, Raport and the financial slalemenls in oc¢ordan¢e with applic8ble Lgw and Unil&J Kingdom Accounting Stsndard8 (Unrted Kingdtrm Generally Accepted Aecounling Pr¥ctice.I The Trustee¥ are required to preparp financlal glal•monts for each financigl yeai which givo a try& and fair view ol the state of tha aff8ir$ ol tho charity and th& group and ol the outgoing resources 8nd applicotion ol re3our$, In¢ludin9 the incc ia and expendilure, of th6 charitable group lor that period. In prtPBrin9 th&8e linancial $lalemenl8. the trustèes are requiiod to.. $018cl $uitable accounling poIKiès and then apply them ¢on¥islently', observ& the mothods and principles in the Charities SORP, make judgem•nts and eslimthes that are r8a80n8ble and prudent., st81• wholher appllcable UK Accounllng Standards have been followed. subject to any mat8rig1 departures div£lo8&d and fr11n8 In the linanclal slatèmenl8'. prepare th• financi•l stat8rnont8 on th• going eoncern basis Unl It 18 inapproprlate to pr•8ume Ihgt the charily will continu8 in bu8in889. The Truste•s are re¥ponsiblo for keeplng proper a¢Gounllng rgcords that dlsclo88 with rea60nabLg a¢¢uracy al any lim8 the linan¢i#l position of thè charity and en8bl8 them 1¢ ensvre that the financial statements 8r8 Compliant They are also r&spon6ible lor safeguarding the 893ets of th• ¢h8rity and the group and henc8 lor taking reasonotyle slep$ lor the prevention and d&lection ol fraud and othor irreoularttle8, Statsment of Disclo8ura to Audltor8 So lar as th8 Tru81oeB are awarè, ther& is no rèlèvant audit iThlomalion ol thich th& charity'8 auditcn are unaw8re', and the Tru81808 hove lakgn all the slep8 that Ih&y ought to have token 08 Tru81808 in order lo make thems&lves aware of any revant audit information and to eslgbliBh that the charill8 auditors •1• aware ol Ihat inform8lbn, Approv&d by lh• Tru8te8s ol South England Conlor•nco of Sov•nlh-dAy Advenlisls 81gn•d on th8Sr behaw by.. Dat•.. Execullve Se Pag•10
Independent Auditor's Report to the Trustees and Members Of the South England Conference of S8venth-Day Adventists for the year ended 31 December 2020 Oplnion We have audited tha financial 51alem8nts of tha South En9land Conferen¢0 of Sevenlh-Day Adventists lor th8 year ended 31 Oecamber 2020 whlch comprise Ihe Group and Parent Charitys Statamant of Financial Activities, tha Group 8nd Parent Charitws Balance Sheets, the Group Cash Flow Slaternent and notes lo th& linanclal slalements, Snoludlng a summary of signfvant accounting policies. The financlal reporting fram8work that has been applied in Ihgir preparation Is applicable law and United Klngdom Accounty'ng Standard8, including FRS 102 'The Financial Reporting Standard Applicable in Ihe UK and Ireland, (United Kingdom Generally Accepted Accounllng Praclicel. In our opSnlon the financlal slat8ments'. give a true and fair vlew of the slate Of the group'8 and the parent charity'8 affairs as at 31 Oecember 2020 and of the group's inwming resource8 and 8ppllcatlon of resouroe8, including Its Income and expenditure, lor the year then en(Jed., have b88n properly prepared in accordanGg with Unlled Klngdom Generally Accgpled Accounting Practice,. and have been prepared In acccfdance with the r8quir8menls of the Ch8ritlas Acl 2011. Ba81• for Oplnlon We conducted our gudil In accordancè wlh Internatsonal Standard8 on Audillng IUKI IISA8IUKI} and applicable law. Our re8ponsibililies under those $iandard8 are further described in the Auditor's Re$pDnsibillts'es for the audit of financial slalemenls secllon ol our report. W8 are independent of the ch8rilable company in accordance Mlh Ihe ethical r8qulremenis that afe relevant to our audll of the financial 8talemenls in the UK, including the FRC'8 Ethical Standard, and we have fuwillgd our other ethical r8spon8ibililies in accordBllcg th these requirements. We believe that the audit evidence we have oblalned Is sufflclenl 8nd aDoropriale lo provlde a ba81s for our oplnlon. Conclu#lonB r•latlng ¢0 golng concorn In auditing the flnancial st8lemen18, we have conduded that the Iru5tees' use ol the going concern bas58 of accounting in Ihe preparation of the flnancial st8lemenls in gpproprlale. Based on the work we have p8rformed, w8 havg nol idenlilied any material uncertalnllgs relating lo 9vgnls or conditions Ihal, individually or collectively, may casl slgnillcanl Qoubl on the charit3 8bilily lo conllnue as 8 going concern for a period of 81 lea81 twalve months from vth8n Ihe fin8nclal sialomenls are aulhorised for Issue. Our r8sponsSbilitl8S and the responsibS11118s of th8 Iruslees with respect lo gdng concem are descdbed in the relevant sgcllons of this report. Oth•r Infomiatlon The other infomiatlon comprises the Inform81ion Included in the annual pOrt, other than the financial 8181ements and our auditor's report Ihereen. The Iru8tee$ are responsible for tho other informats'on. Our oplnlon on the financial sta18m8nts does not cover the olhgr infLirm8tion and, except lo the exlenl olherwls8 èxplicitly staled in our report. we do not express any l¢ym of as8ur8nce conclu&on thareon. Page11
Independent Auditor's Report to the Trustees and Members Of the South England Conference of Seventh-Day Adventists for the year ended 31 December 2020 In cn¢t10n with our audit of the financial slalements, our responsibility Is lo read the other inforrnalion and, in doing so. consid8r wh8th8r the other information is malerially InconsSslenl wlh the financial slalemenls or our knowl8dge obtained in the audit or olhaTwIsg appears lo be materially misstated. If we identify such matèrial incon5iStencies or apparenl materlal mlsslalements, we are Tequirad lo dgtgrmlne whether there is a material misstalemenl in tha Ilnanclal slalernenls or a material mlsslalgmenl of the olher infomiation. If, based on the work we have performed, we conclude that there Is a malerl81 misstslemenl ol this other information, we aro requlrad lo report that facl. Wa havo nolhlng to report In this regard. Matt•rs on whlch wo are requlrnd to r•port by •xcoptlon We havo nothing lo r8POrt in re4)ecl of the followlng m811ers vther8 Chartlies Act 2011 requlros us 10 r8port lo you If, In OUT opinion.. Tho infemalion given In the Trustee8 Annual Rep¢yl1s Incon51s1gnl In any malerlal respacl wlth the fi'nancial slalgmenls',or 8dequale accounting records have not bean kepl. or ratums gdequale for our audit have not been received from bronches not vi8iled by us.. or the finonci81 st81oments are not in agr8emanl with the accounting records and relums, CY certaln disclosures of Iruste8's ramunerallon specifled by law ara not madg., or we have not receiv8d all th8 Inform8llon and èxplanations we requlre for our audll R•8ponBIbllStl of tru$t••• AS explaine(I more fully in the Irusleès. reypon?ibllrtie¥ Slalement, the Iruslees are responsible lof the proparalion of the financial slalemants and for belnu $81isfied that thgy glve o true and fair VI4, and for Such Inlemal control as lh8 Iruslees delemine Is nacgs$9ry lo enable the preparation of flnaneigl slalements that ore Iree from matèri81 misslalamanl, whether due lo fraud or error. In prepgrfng the fin8ncl81 stalemenls, the Iru8te88 are regpon8ible for 8s¥es$ing the chartiy'8 ability lo conllnue 88 8 Going concern, dlscloslng, as applicable. mallers ralated lo going concern and uslng th8 going concem basls of aoUntIng unless the Iruslees ellher Intend lo liquidate the charlty or lo cease operations, or have no realislic allernallve but to do so. Auditorfl r••pon#lbllltl•• for the audlt of tho fin*nGl•l We have b88n appolnled 88 audftor under seollon 144 of the Ch8rilles Act 2011 and report In accordance wlh règulations mad8 under section 154 of that Act. OUT objectNe5 are to obtain reasonablè assuranc8 about whether the flnan&al slalemenls as a whole are free from material misslatemenl, %thether due lo fraud or error, and to issue an auditor's pOrt that includes our opinion. Reasonablg assurance is 8 high level ol assurance. bul Is not 8 guaranlee that an audit conductad In accordance wlh ISAS {UK} wlll always detect a material misslalement when il exists. Mlssiat8menls can arise from fraud or error and are considered materiol if, Indlvldu8lly or in aggregate, they could reasonably be expected lo influence the economlc decisions of users taken on the b88is of thes8 financial slatemenl8. Pagg 12
Independent Auditor's Report to the Trustees and Members Of the South England Conference of Sevonth-Day Adventists for the year ended 31 December 2020 Irregularit18s, including fraud, aro Insl8nc&$ of non-complSance law9 and regulation5. We design pro¢edureg in line with our responsibilities, outlined above, to delect material mi6Staiernentg in respect ol irreguladties. In¢ludin9 fraud The extent to vwhieh our prcKedure8 are capabl8 of detecting Irregularitl88, induding fraud is delailed below. Explan8tlon a• to what •xt•nt th• •udlt congldered capabl• of d•ts¢tlng irr•gul•rltle•, Includlny fr•ud Th& objectivgs of our audit in rèspect ol fraud, are., to Identlfy and asse$s the rtsk8 of matenal nisstalement of the financi81 statements lo fraud., to obt8in sufficienl approprtata audlt evidence regarding thè 888e85ed risks of mateAal misstBtemenl due lo fraud. through designing and Implamenting appropriate re9pon898 lo thoge 83588ged risk9", and lo re$ptsnd opproprtalely lo Inst8nces of fraud or suspacted fr8ud Identified duriw the oudll. However. the primary respongSbllity lor the prevenllon and d8t8ction of fraud rests th both mAn8gemenl and those charged wllh governance of thg charity. Ourapproach W88 lollow8' We obtained an undgrjlandlng of the l&Jal and r8gulatory r8qulrement8 appllc8bl8 lo Ihg charity Bnd con8ldgred Ihal the most 8ignlfi¢onl are the Charities Act 2011, th8 Ch8nty SORP, and UK financAal raportlng st8ndAfd8 a8 lJsu8d by th6 FinAn¢i81 Reporting Council. W8 obtalned an und8rstanding of how the ch8dly ¢omplie8 Wlth th88& rnoulrernenls by d18cus8lon wlth man8gernont and tho$8 charged %%llh govemancg. We 8558ssed tha risk ol material mlsBtatemont of the fin8nclal sla18menis, Includlng th8 rfsk of materiol mi8$18leThnI due to ffaud And how it mighl occur, by holdlng d18cus$ions wllh rnanagemenl and Ihog0 charged th governance. W& InquSred of managemnl and Ihosg charged with oovem8nce 88 lo any known ingtonce of non.compll8nc8 or 8u8P8Cted non-cornplSance wlth18w3 and regul8tlon8. 898ed on Ihls understandlng, we d881gn8d 8pocifi¢ 8PPfOFffiate oudit procedu¥ to idenufy in8tanceB of non-compli8n¢& I1h laws and regulations. Th58 Included making onqulrias of management and tho88 charged wllh govamBnc& and obtalnlrvJ addlllonal ¢orntxJr8tlve evidence 8$ required. AS Part ol an oudlt in accord8nce wlth ISA8 IUKI we gxerci80 professlonal ludgemont and malntaln profe88lonal 2c8pticl8m throughout th& gudil. We 8180.. Idèntlfy 8nd ass09S tho flgk8 of maledal mlsstatement of th8 flnand81 yt8tenxntg, whathar ¢Jue to fraud or error, dasign 8nd perfomi audlt procedures re3pon8ive lo thos8 ri9ks, and obtaln audit evidence that Is suffici8nt 8nd appropriate to provid8 a b8$18 for our oplnlon. The risk of not doiectlng 8 m81grial mi3statemenl SU111r from Iraud is higher than lor one resulting from error, ag fraud may Involve(1 ¢ollusion, forgery, Intentional omi88ions. ml$r&presentationg. or the ovèrrid8 <rf internal control. OblBln an understandlng of internal control relevant lo the audlt In order lo de3*n audrt procedUS that are appropriate in the circumstances, but not for the purposes of expres$lng an opinion on the gffecliveness of Ihe charliable company's inlemal control. Evaluatg the approprfateness of gcwinting pollcies used and thè re880nableness of accounting estlmAlos and rolated disdosures made by the InJ$le. Pag•13
Independent Auditor's Report to the Trustees and Members Of the South England Conference of Seventh-Day Adventlsts for tho yoar ended 31 Docember 2020 Conclude on the approprioten85s of the trustees, us• of th8 goiro concem basis of accounllng and, b89ed on the audit eviden obtained. wheth8r a material unc8rtainly exists related to events or ¢ondition8 thBt may cBst signrficant doubt on the ch8ri¢y's ability to continue a5 a goiry concem. If wa eon¢lude that a materfal uncortainty exi8ts, we are required to draw attention in our &uditorfs report to the related dlsd08ures in the lin8ndal gt81gments or. rf Such disdoBuf8s a inad6quat8, to rnodify our opinlon. Our con¢lu8ion arB ba8ed on the 8udlt evidence obtained up to the dale of our auditor's r•port. H¢)wever, future ev&n18 or condrtions may chu8e the charity to cease to ¢ontinue a$ a going concam, Ev8lualo the overall pr&8enlation, structure and nIent of the flnanclal 8taLèmènts. Including the di9c10811r88, 8nd whether the financi81 statements represent the underfying transacllons and èvent8 In a manner that achleves fair presentoUon. OtrAain Sufficlent appropri819 8udit evid8nca wArdlng the financlal InlomiaUon of the 8nlttie8 or activitles wSlhin the group to express an opinion on the congolldat8d Iln8ncl818tatem8nts. We ar& rgapongible for th8 dif8Ctlon, superw8ion and pwlotmance ol lh8 group gudiL We rom81n 8oley re8ponglble lor our audit report. Wo communi¢8le wlth tho88 chaad wlth govemance r8g8rrJlng, 8mwg other matters, tho planned 8¢opè antl tlming of the audlt and 31gnlficant audit Ilndlng$, 11u1ng any 8lgnlficanl deliclencAg8 In Intemal control thAt w8 Idenuly dufiThJ our audit. UM of our T•POrt ThiB report Is mad& wlely lo th8 charity'g trustees, as a body, in accor(larth with Chapter 3 01 Part 8 of tha Ch8rll88 Aci 2011. Our audll work h8s be8n undertakén Jo th8t we nNghl state to thè ¢h8dly'8 tru61¢e8 those mallers we ar8 r8quired lo state to them In an audlloff s report on¢J lor no other purpose. To tho full881 exlent pemiliied by 18w. we do not aCC8pI or A88um6 re8pong1b.lY to any paty oth&r than thg charity and charfly's Irustees ay 8 body, for our audit work, for th1$ report, or for the opinlons w8 have lormg(1. Dale.. 9 December 2021 Moor• Klnll•t¢n Smlth LLP Sgnlor Slalulory Audltor 4 Vlctoria Square Sl Alb8n$ Hert8 AL13TF Page 14
Ill I m*
Souih ennd (onlErenEe DISeventh-dDy Advthtlsts TrnlblpFL¥ldSSrt5 35,13457Q 50S. 36,148,gZ8 505mJ CurrnntA#• 50,72D 2,701901 1.175.720 6,579.31J 10,587,057 49,0 2Ké2,3JI 1,175,720 6.317 kO,2Y4.6 DEbiots J,n2261 1227,4&) 1.717,641 1.117,W) 12,145,148 CrndllQfJ'.AmoyThtsthowSthln4wt 4,BZ4,416 3,747,8J5 4,639,119 ,S51631 7M5036 6 611045 17 277.081 416A91 277.901 36aJu 27 •undb•th* 1¥rf•5tn(ted J4,092,É76 3?,9366 9,124935 4106L501 J),917,4fr) 10,121Q3 44,NO,496 9,105283 11,V5A44 19 4?J7.451 ApprD¥•d¥dWJ¢b0ih IplvI¥the DaDfd•fTNrt••ian Trmiw Trorrt¢q¥•npxvil8t• Jll¢m•irtolthu•KMuftlS, Pw17
sOh Ettand Conletence of Swqnlh-d•yAd¥•ntlsts Furthe trYireTrded31 Dember1010 A si1tsffl•ntOfh I 20 zoig Ntt G4sh provlded bv lused inl oper8bni a¢tkrflties 20 A,736,736 565,3d9 Net Tr5h provldpd bylused Invesiini 21 13,043,408> 14,505.1311 Chfflowsfromlhwntinixthitks Netca$h provldert bylu¥ed wl financini 22 1,178,042 I,(9.05? 12,870.1251 9,449,438 6579.jlj r41 In r•sh •Trd Inth• 2.871,370 6.579.313 A50,681 Cuh lndcaih •qu•tIlt1qd •fth• OlJ•u•ry Oth•f fvjfv 31 D•¢•mb•r ¢41h 2020 ih.. C45h •t b¥nk ind In hond lÈss".D•pDslts ireailé •$ Ik 6,579,313 1871,370 9,450.683 6,577,294 2,871,370 9.448,664 Oeposiii Irt1ed In cash 2,019 6,579,313 2,019 9.450,683 2,871.370 D•bt: O•b¢Stlv•ltNnon• year Debts Hfter moreth¥n on• y•ir 11.445,574 lJ,178,0111 12,716,535> 92,919 4,161AIS 1,69J,J28 6.555.741 P•0• 11
South England Conference of Seventh-day Ad¥entists Not ¢othe Fln•nclJl Ststements Forth• y••rend•d 31 Detemr202Q 1.1 Baslsof prep3raibn The tlnandal ststements havE bpen wopared underthe hlstorlcal costconvention, withthe e¥cepUon of in¥eMments whlch are included 31 rnarketval. The flnancial statement5 have been wepared In accorJèncewlth the Finatycial Reportln8Standard apICable In the UK and Republlcof Ireland IFR51021. The Charity isa putyicbenefit entiiyforthe purpose of F$10? and trefOre ha5 also prepared Ilnanclal statements in aceordance with the Statement of Recommended Practlce applicable ¢0 charle5 prepanetheIraC¢Cunts In accordance With the thè Financial Reportin8sOa1d appIable in the UKand Republic of Ireland (The CharitiesSOI4PI. 1.2 68515 Of ¢onsolida¢ion The Group flDancial siarements¢onsolldat@the nnanclal statements of the charityand itssubsldlaryundertakln85drawn upto al December 2020. The resultsof subsdiafiesacqulred orsold are con5011dated forthe perlod5 from orto the date upon whlch ontrol passed Ac4ui51tion5 are accounted for underthe acqul4tion method. All Int group transattls balante5 and reali5éd 8alnson transactions between 4fL¥JP •nuiiesare ellmlThated on consdldlon. 1,3 Golw concérn The tnjsiees have a5se55ed wh@rher the use of 6oinÉ conce¢n15 appropriate and have conere possble events or condlllon$ thai mlÉhl Cast nIfIcant dotsbt on thèablllty olthe charlly lo contlTrue a5 3 8oln8 concern. The rrustees haveconsldered the results reported In these or¢ounts and hwe made thelr a5ses5mèntfor a period of at leosi one Veèr from the date of the appr(Y411 of these flnanclal statements. In partlcular, the irustee5 hwe consldertd the Impa¢r ofthe CoronaruS pandemic and mea5urestaken In the UK lo conuin11. The chaAty h05 an adequai<ash reseryes posltlon at the t5m@ 013pproval of these Ilnanrlal 5tatemenr5. Whllst the chailty has bEen Impacted bythe panoemlc and the rted contalnment measures. includillB the c105ure of ehurches, Ihe chariiy has eontirtued to re¢ei¥Q ro8ular Income Includin8from tlthe5. TheTru5tee5 have also iaken measures tts mli58ate the Impact includln4revlewln8and Ilmllln8dlxretionaryJpEnd 05 well as Utilin8VIrtuaI rneeiinis 10 replace 88lherln8sand Ihere allowln8 the charlty tc reduco ent wsts. The Churches ère now open and hove 5rarted tofuncln as lttey did beforethe pandemie. laW4n4 made enquirie5, the trustees have concluded that thère15 4 re45oThableexwtt¥iion thai the charlty h15 aoequate resDurce5tc continue Sn operatkinal existence forat leèst 12 month5 Irorn the dateof the audit port cf these Pinancial 51aiemenis. Thè chariiy Iherefole conrinues to adopt the 8olnBcoDcern baslsln preparlnE linanclal statefflents. 1.4 Fund accoundni RestrS¢ied fund5 are those whth areio be u5Ed for tht 5peclfled purpose5 a5 lald down bytht donor. Expendlturewhich meets Ibe5e rrlterla15 allocated totheapproprtatefund. Tho nature of re5trl¢tioTh Is furtherexplalnèd In the note5 ro rhe financlal slatErnEnts. Oe%snatÈd funds are those whlch have been set aside by thè adminlstratlon wlth fheconsent of iru5teesfDf 5PeCifkantlclpaied purposesor evnt5. The alm and u5eol eath desl8nated fund15 set cut In ihe notestothe flnanclal Statements. Gèneral or Unrestricted fund5 are donatkin5 and other Income reeelved orientraied for rhe lurtherance of theobpcts of the charirywlthout specifipd purposès and, therefore, are avallable asgenerai fund Investrneni income, Kaln5 and Ios5esare allccaied to the appropriate fund. 1.5 Grant-rnakini pullriE5 The IrustEE5 allLKatEKrènts in ¥cordHelIh iheoblectssetout in the charlty'swrlttqn conStlturn, which are summarfsed In the Trustoes. Annual rièpcrt. In ieneral, grants are made to associated charitie5 throv8h approprl•te ¢ommltteE requ25t5 and pollcyarraniements, ratherthan In accordance wilh publlc application. 1,6 In¢omln8 resOue5 All Incomin£ rE50urce5 arE incILed In thesemenOf FSnancial Actiwtieswhen the charlLY Is le83ll¥eniitled to the Inc¢mÈ and the amount can be quantif4edwith re850naba¢cUracy. For lrfa¢ie5, etItrnent Is the earlrOf the charity beins notified of an impendinK distribution orthE le8ac¥bèlng recelved. Income tax recoverèble In relatlon toinvestment In¢ome15 reco8n15ed 3tthetlme ihe Investment income Is reCeable. P49• 1*
South England Conlerence ol Seventh4ay AdntIStS PJote5to the Fln•ntlal 51aternonts For the year ended JI December ZOZ 1.7 1.7 Resources expended All expenditure Is accounted foron an ac<rua15bas15 and hos been Included undere¥pen5e cate8orfe5that a88ro83L@ all c05r5 for alkitiOn tD act[rieS. Where cosiscannot be dirertlyattrlbyted to DartkularactIfje$tt¥ have been albcated on a basls cunsistent %Yith the use of the re50urcès, Fundrai4ng w5r5 are Sncurred in seeklnÉvoluntaryoniributions Jnd do not Inelude thec05ts of dl52eminatin£ inforrnatlon In 5UPPDrt of ihe ch3rltablÈ aciivltlos. Support Cosisare those costs incurred dlrectly in SUPPDrtof exppnditure on theoblects of the ehaiity. Governan¢ecosts areth05e Incue in confFection wllh adminlstraiion of the chadlyand tomplianie wlth constitutlonal and statutory re9ulrornont5. Grants payab are thar8ed In the yearwhèn the offer Is made. excEptln those ca5e5where the offer Is condluonal, such graNts b¢in8 recoinlsed as expenditurewhen the conditlons attachin8 are fulfilled. Grants offered sublectio condillons whlch have rntst been met at the year end a noted a5 a commitment, bui not accrued a5 expenditure. Stafl c05t5 and overhead expense5 are allocéied to aclivilles on the ba5isof Ilme spent on those aciivitle5. Resources E4Dended •re 5ncluded in the Ststement of Flnandal ACtItIeS• an accrua15 basis. All costs 5nclude Value aé¢Jed tax where appl1{ae. 1.8 1.8 Riskmltliatlon TheTru5teeshave8lvon con5kleratlon tothe rnar r15kstowhich the chaflty 5seAp05ed and estab115hed 5VStemsor procedures in ordertt man48e ifvose rlsks. They are supported ln Ih15 re8ard byAdvenrisr Rlsk Manè8ement who ueate awarènt5sof rlsk lorthe workl-wlde OPEra¢bnsol the (hUh and souKe coverto m5tliate attendant rlsk5. 1.9 1.9 Flxed A%sets Depretialion Is provirjed on tan8lble ffxeé a5setsln Ofder to write off e¥h 15s•ioverltsexpecied econ1( Ilfe. The rates of ¢eweclaiion applleu to èaeh cla55 01 a55et are.. Freehold propertv 1.33% Str#lihi line Ofllte flxture5 an¢ egulpmeni 20- 33% Strai8hl Ilne Computer equipment It•m5 of furnlture and equlpment£ostlni1è5Sthon £l,Cb))each aretreated as an expense w o(9ul*tlon. 1.10 Penslon costs Following the closureol the Se¥enth.dayAd¥tniist Retlremeni plan In December 2013, pen51cn5 Ire providBd In ierm5 of the natlonal Auto-EnrolrreTri requlrements and Invested In a Groyp Personal Pen5Kin Plan through Le8al and GenEr Insurance Company. C051s relatin8 10 the lormer plan are ftow btrrne b¥the 8fltiSh Unlon Cconfeience, 1.11 Stock Stock Isvalued ai the lowerol cost and nei rtaliiablevalue after makln8 due allowance for obsolete and low movln8 Items. Cost Includes 311 dlrect C05¢s and an approprlate proptsrfon for Ilxe¢ and ¥arlab0¥erhÈad5. 1.12 OperatlnR leasès Rtnta15 payable under operaiinB leases are ¢h4r8ed In the profrt ènd lossattount on è strillht Ilnè ba45 overthe lease term. 1.13 IDvestm•nts Investmentsare Stated at m8rket¥alue it thp tralan(esheei dale. The 5tatemeni ol Flnanclal ACtIt+S includes the nergains and 1o55es arl$ln8on revaluatlons and dlsposalsthrou8hout the year. 1.14 Investment prDpert Investment propertles are Included In the Balance Sheetatthelrwn MarkttVue. P¥•20
South En8land Conference of Se¥enth4ay Adventists ot•s iothe Fln•n¢lal Statements Forth• •r••d•d 31 Detember2020 1.15 AceountinE for Ioc31 cwÉre8atlon funds A SLnd or8anisational structure. goDd flnancial man8erneTrt and control have always been characterlstlc of the Sevenih4#y Adventist Church. Congregatyons are consideTed to be members ol a sell firtèncinÉ Conference ISouLhlNorth Englandl or financlally 5UPPOrted Mlslon IlrelaDd,Scutland & Walesl. The Bntysh Unlon Conference18UCI coordinote5 the work of these ent5ts. The SEC and NEC are separate le831 ¢ha¢ities, and the Misslon5arÈ partol the BUC charity. There Isa strong bond betweEn theCon8re8atlons and their re5PECtive Conference or Mlsslon. Oonations In respect of tithe, Church Wortd Mlssk)n and 5pec131 offorin8S sen by Ind5Ual members have alwav5 been MIttedtO1he Conferenor MIs5ion, as'conference Funds" ThEsefunds belon8 to tho Conference or MIs51onwhlch arfmln15tsry the funds, ernpbv¥ and dlrects the minlsters, and hold5tlde tochurch Buildiws. Membersa15D funds spocltlullyfor ihework Iwally and forthe malntenance and upkeep of thelr church bulldlw. Traditionally these"Lacal Funds, have been hekl admlnlsiered and a¢ctyJnred for lo¢allv. Oyer tlme. the latiOnShIp between the local conire8aiions ind thelrrespectlve Misslon orconference h35evolved and the linan<lal bond has stren8thenÈd. Increaslnth, local COnBreBatlons ha rernltted"Local Fund5" to iheirconlerenceor Mlsslon to administer. Until zoii the Local Con8re&atlonswere con5idefed io be le8al ent1tles 8o¥erned b¥thelr bcal Church Board in acrord3n¢e wlth the chh Manual and the account5 of the Bucwere prepared on this tsa45, eicludln8"L¢Kal Funds.. L8te 2011, le8al adylcewas recelved to the effECt that on balan¢e Local Consre8atlons a In Effect bron¢he8 ol theSrConference cr Mission. Though In practlce Ihey operate as Voluntary locHI Se 8ovemini 5UPPOrt iroup5. In these flnanclal stèiement5'Lor•l funds" romllted toand admlnlstered by the conference are Included as irtomin6 Resourcesand EMpenditure50f the Conference. These funds held the conference are d15closd as belon8in8 to the ronferencè, and are dlselD5ed spparalely asfund5 restrlcied 10 the use of Iht local wn8re8allons. Donatian5 retolned and adrnlnlstered loeally have not been Included In these Iltsanclal $131ernont$ 51n(e Trusteesdo not admlnister these fund5. Donors partieipaiè In the appolntmont and 8o¥ernane& DI the church at all levels. and antlcipstè transparenry3ppfopriaLe to their expeetaiicn5. Wholgsal• cunsolldaln Mr¥esto tonfuse Ihelr understandlnl. Accounts In resycE ol Charirable fundsdonèted by membersofthe local conyeRatlon and admlnistered by local funds trÈasurer5h3Ye always been prepared and presented annually to ihe loral con8reiatson. There hasalso lon8 been in pl pro8rim for Independen¢ Ixaminatlon of those local funds by thé CDnlerEnce or M15s10n. P4021
south En8land Conference of Se¥enth-day Adventists t)te5 tothe Fln•nE5•1 Stat•rn•nts For iheyÈ•rtnded 31 December20ZO 1.16 Finonclal inruments Cash and cash equlvalent5 Cash and cash equivalent5 includecash ai banks and In hand and S)rtterM dEposltswlth 3 rnaturlt¥dateof three months or less. b. DebtorsJnd CfedltLSfS Debrors and creditor5 eable orpayablewlthln one year of the reportlnÉ date are cbffied attheir Ht transaciion prlce. Debrors and creditor5 that are receivable or payable In moro than one year and not subj1 to a market rato of Intere5tare measured at Ihe presenivalOr the Èxperted future receiptsor payment discounted at a market rateol interest. 1.17 crItal aCcntIn$en4rna1e5 and ludgments In the applica¢ion of Ihe Charivs accountlni polities, the Tru5lees ore Fequired ro makelud8emeni4 esUrnatPsand assumpiionsaboutthe carn8 amount of asseisand liabilltle5 thararo notwdlly apparent from other50urces.The estlmates and a$s0¢ialed a$5umpiions a based on historical EXP?rlence and O¢herfactor5 Ihatère conldtrred to be levant. Actual resuk5 maydlffer from these esumètes. Theeimates and underlwn8 0551JrnPllons are revlewed on 8n onÉoln& basls. Re¥lOn5 to accountln8 estSmates are recoinlsed in the perlcé in whlch tho Éstimate Is 4$ed, If the revision affecis only that penod, or lfi the perbd of the rew4slon and future periodS11 ¢he revllon affects both currentand luture PErlods. The followin8 jLk4yments and esiirnates ha¥e had Lhe most 51Bnlfl¢onr effect on arnounts rew8nlsed In iheflnancl•l statements, The Charity makes an esiimaie of the retoverablevalue of trad• and other debtors. In partleuLar the debior wlth one of rhe Ch4rtty'5 conirolled School, +tyland House School. wa5 355essEd 8iven the largo delecils made by the Se01 In syevlous year5. The annual deprlatIOn char8e lorflxEd a5SEts is stn%tive lo ¢han8e5 In the estIMat useful economlt Ieand r851duol value5 Of the a55e15. The useful ecommic Ilvesand redUal vèluesare re-a5se5sed annually. They8re3mended %Yhen nEce552ry to relect current estima, based on te¢hnobKlcl èd¥ancefflenl, future Invesirnents, economic ullli5atlon and the tondltlon ol the a558t5.
CJ r4 LTh 4 e*)
Sotsth Engljnd Conlerence ol Se¥erth-d•y Adventi$ts NOt•s to tht Flnancla15t•temeMs Fortheyfr4r•nded 31 tseromber2020 3 Incom4¥ R4sowcRslrom ¢h•rbr4ble acilviths 20 ufiw•itrkt•d ResiY¢•d Funth Trf Funds UnrestActed Fund• Rertrftted FuTrd5 Totti Fundi Grtyjp hurrh Ministry 85,746 793,842 85.746 793.842 727,072 793,842 914 727.072 793.842 TotdCharlta¥k71ncrHTro I S20914 Chuich TrthIrt(ty Tat•lch•r1ts I(0 353,859 353 859 353,859 353 859 830,702 830,702 4 Inwffi•htlnrorne 1020 1019 Unr•sM¢t•d R1cted UnNityt•d Fwnds Trfll Fundi Totsi Fundi Fun Group Loc•lly IlSt*d Irh¥eslrnents H•tum on lo(al ta5h Unr¢all4•d G•lnson In¥tent 30,246 30,246 180 103,213 103,213 fil,151 60,151 Ch•rlty Locally Ibted INe5tm•nts Unr•a115¢d Galn5 on In¥estm•nt 29,669 29,66Y lo1,7 61,599 i.$7 14
331
Sovth Eand tonlerence ofSeventh4•y Ad%Thtlits Not•Jt(+th•Fln•rt<l4 5t•t¢mEnl Farthpyp4rended3lL¢•fflts•r 14 rw4nt support A£tMti•i Lkndtrtikon churchm11$iry E&Jc•tlu 81.062 228.25D 3.921.029 9,439.b65 2.144.973 11.665,wi 2.2J3.763 RptlTtMifitr•wn&l1rtle5 J 464 ila •nt Totil Church Mlnis Edu¢it Oblqill¥qSln ulheriwriphl£ w•4 Hilli•mpTht r•ippnsltyl*l JIM8 11.914.YO JB9,399 I11.1¥6 4.501.452 2.Lll.271 I$2? 14.081.323 2.669.522 13S56441 2 J79904 22 rfty Gr•nt FyndlDIo1 Ok•V l¥•n Chui¢h Mn15try sijiio 3,911,QlY 0,205.637 1,355,461 10.112.113 ))B,916 1,658.901 DbJl¢llvelln UthellQOlT4IcI ar•Trt
Jpp Tgi•l Dlrirt Undfftik CMi¢h Minisity E¢it 323,QW JO,880.997 67Y.399 1.209bX Im5.598 13.209.655 1,306.710 RoWiemenire5PWsIIAlitl •14
South Ewland Conleren¢t•fSv4¢rfh.d•yA*4•nitsii Fwth•¥e•r•nd•dM petbIll020 2020 Church Mlnlstry 6,981.590 412.053 11.584.839 846 41731 T•t41 ChuKhMItyS1ry 7.019. 456%9 &5Dg.919 417 17 14.056,215 523 thurcb mInlty (duciln .711.S87 444,J97 77 491774 3,J75,SIJ 10,531,591 3 750570 11701 775 M1rtlitry 6.847.779 483,217 5,555.549 11.186.595 Edutit
South England Conference of 5eventh-day Adventists NDte5 tothe Fln4nil•l St4iements FvrthEye•rendEd 31 Decefflber 1020 7 kn•lys& ofuants 20 1019 NumbArtsf Numbef of eenelkllrfe Tot•1 Gmup- Et1ts¢atlon Grnn¢s &Suppwt 78 149 thar1ty- EdutatlDnGranis & Support 78 228 250 149 Gr•ntstolnMttutloni 2020 IOX9 Gmup Ch•lty Growi PrkTh4ty schuo15 189,9 iio,r#YJ GonÈral OperJtlons Brltkh Unionconlofencp olsvTrth-d0¥Ad¥efflI5rI Mlsslon In Dther af•&g rlthh UniDnConlerente DfSwdenth-dlly Advent1515 General OperèiiD (xer&r4ntS to Church Entltles Gener81 OperatioTrs Ret4pement Fund P1 ptnslon denclt TOMI ITr¥¢iMI•MIGnht* 276,797 1.983.831 1,983,831 2.517.621 2,517.621 31,098 A6,263 L 542 043 1 542 043 6 184 593 6 766 55 1,578,440 1,578.440 2,342.589 2,342.589 Sl.L2 81,012 1464118 1464 118 s 466 209 5 756 139 T•¢ilGr•nts S 694 459 954 1019 Gr•up Ch•rlt¥ Gvoup Chthty Athlll Costs Tru51¢e eip•nsei 94,171 10,087 25 94,171 10,087 19.560 19,%0 6,0
So¥ih Engl•nd Confer•nc¢ of 5eventh.day Adttsts NO¢tr th• FINn¢thl Stitmets F0Fth••nd•d 31DKwnborlQZD Tot•1 20 20 Thty 5tsted Jfter tharAlnK'. Depreclatlonof tan8lbLe flxad 1550ts= R•lmtWfsemÈnt¢f eStO trustees Fee5 payable to the charlty'saudltor forthe audll of Iheannul accounts 507.398 tO,CQ7 S13,847 Dwln8 the¥ rflrnmgntbeneth6 w•re¥£trulnB tc 11 Trust4•5 In r4spqrt of penslon schemes 10 Staff Cobti Tot•1 T4x41 2019 Stalf tostswe ès follows.. Waiesand Sakrles Soclll SKurlty C051S Oth•rpwsbn Costs 7,110,104 730.455 7,2fK>,328 736,013 TheYtr4e Dumberofemphy••s durln11h•if In t follDwlni¢•ts6of1•5W4f•'. 20 Ch•dt•ble actMtle5 Support aCtltit$ M)w¢ment and •dmlrlstrntkr 149 163 41 22 22 Noemplwes i1<vell r•munpr•llon •fflountln8tgmore Ihan £60,OWdupl Ih•y••r Emplwd tru5t•Asand th•lrlMmd 11m1M•mbèrs rECIderno1urnelils follows.. 20 1019 K•¥m•n•i•ment Oth•rtrwt••s ISl,520 364,639 160,719 311,857 P4y•29
5Duih End ConletyrK of Sthnth.Owy Adrt Notps tothe Flnanilal Statements Forttra r•I1•0 JI Pqremb•rlOID 11 Tllng*FIK•dAsMts FrethDld Lea5•hDld OpArntlllfiAI p•rty sYop•rty Egulpm•Tri Work knPrw•ii Total GrLwTrpCost A5atlaDL47ry 1, 2020 AdditlDns C05t transfer out Asjt December 31, 2020 33.677,255 1.054,911 861,802 2.244 6.745.7n 3.032,980 1 303 441 8 475 316 42.339.745 3.035,224 33 677 255 Asal january 1, 2020 CharBèfor Year qat D8rember31. 2020 6,216.305 459 813 6 676 132 222,327 767,539 7,2L%,175 510 656 7 716 831 222 327 818 372 N•t8ookV•lue As atJ8nuary 1. 2020 A5 at December31. 2020 832 584 263 6 745 777 475 316 3S 133 570 36 354 697 27 001123 Ch•rltyCort As atlanuiry 1, 202D 33,63&872 1,054.91J 687,554 6,745.7n 3,032. 1 303 441 8475 316 42,127,114 3,032,980 gst tfanifei out As41 Decqmb•r 31, 1020 31 54 43 As atlanuary I, 1010 Charle loryear As4tQecembei 31, 2020 6,216,309 222,327 625.416 7.064,052 d93 773 7 557 825 222 327 N•t Doo&Vil AS•tJanuary 1, 2020 Ai •1 DecembEr 31, 2010 27 422 %3 26 967 686 745 777 475 316 35 C3 062 36 298 828 24 PiyJD
uth E• COteVeoIS1¥¢nth.¢0YAd¥•nIJI1¥ r4oteFto th• FlnaMlalStatemBnts Forth•y••r•nd•d 1109¢•ry4xrZOI 11 IimitmElltPropErty GWDU 20 1019 Ma@tva•tOljèrJry Mak•tvaluo at31 December S05 505 The¥aluaMonwaSd0rtakQnon 7 May 1021tylefferte5gfvm 0frtered suTh¥yors. qrnu io Deyrtrn•nt•l suppl*s 69,648 66.720 69.649 49,014 Pw31
Fwth•¥e41endedal DerernberlQlO Grou Ch 2010 laig 0••rMW•th•Th •A•y•w 145,413 14,509 0,608 145.48) L4.5Dg 220.61 22.121 htt Oy•41hkn•n•by•r TrJdedebl( Otheiamwntiowedbyirtwpentkn Oth•rDKwJDt$r0d byrthiedchirft AmouTht5Edbvld1onVryIw00S Govhyrfflffitirmts 41,1fi1 521 244.478 115.993 758.135 57m7 856,IX3 4Y6WI 91.1)9 7SS.564 YOU.943 460,179 IDB,B31 69.JJS 289.951 26? 40.132 Pwiym•it5 Emgloy••5 0,7Bi 17ml 67M8 65.335 185.137 IS72169 I 235 Totsl th* 117,W 1,175,710 IJ27A60 1.17S,720 PryJ2
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