Company registration Iiumber.. 03092197 Charity registration number.. 1048842 OneBodyOneFaith Ltd (A company limiied by guarantee) Annual Report alld Financial Statements for the Year Ended 31 October 2021 Cojnmunity Accounting Plus Units l & 2 North West 41 Talbot Street Nottin¥hatn NGI 5GL
OneBodyOneFaith Ltd Contents Reference and Administrative Details Trustees, Report 2to6 Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Ioto 15
OneBodyOneFaith Ltd Referenee and Administrative Details Trustees The Venerable P P Leonard Reverend Mark Rowland NCNgsh David Om'en Joanna Winn-smith Lisa-jayne Lewis Lu Skerratt Pamela Davies Jarel Robinson-Brown Hannah Brock Womack Secretary David Owen Senior Management Te2ni L Dowding, Chief Excecutive Officer Charity Regtstration Number 1048842 Cornpany Registration Number 03092197 Registered Office 15 Newland Lincoln Lincolnshire LNI IXG Independent Examiner Johll O'Brien, employee of Community Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Page I
OneBodyOneFaith Ltd Trustees, Report The trustees. who are directors for the purposes of company law, present the aiinual report together with the financial 5tatement5 of the charitable coinpany for the year ended 31 October 2021. Trustees and officers The trustees and officers serving during the year and sin¢e the year end were as follom's.. Trustees.. The Vei)erable P P Leonard Reverend Mark Rliwland NCNash David Owen Joanna Winn-smith Lisa-Jayne Lewis Lu Skerratr Pamela Davies Jarel Robin50n-Brown Hannah Brock WL)mack (appointed 22 March 2022) Secretary.. David Om'en Page 2
OneBodyOneFaith Ltd Trustees, Report Strueture, governanee and management 'alure olgoverning docNmenl The charity. is a coinpany limited by guardntee and a registered charity. It is operated under the riiles of its memorandum and articles of association datcd 17 August 1995 and most recently amcnded 25 November 2017. It has no share capital and the liability of each member in the event of winding-up is limited to £1. ReLruilmenl uppuinlmeNt uftruitee& TrUSeS are appoiiited ai the Annual General Meeiing bj, members ol. Ihe companj. iii accordance with the charity's governing documents. Additionally there is provisioi) lor Irustees w be cO-opd to the board by the trustees during the year, to draw in specific skills. Objectives aDd actii'ities Objects aiid ulms The L)bjects of the Company shall be.. {a) to advance the Christian religion for the benefit of Ihe public in accordance with the following Statement of Conviction.. 'It is the conviction of the memEeTh of OneBI)dyOneFaith that hiiman sexuality. sexual orientation and gender identitr), in all their richness are gifts of Clod gladl}, to be accept¢d, enjoyed and honoured as a way of hoth expre%%ing and gro.Ing in love, in accordance with the life alld teachin£ of Jesu% Christ. Therefore it is their convictii)n that it 1% entirely compatible with the Chri%tian faith iiot only to lov¢ another person of the same sex, hut also to express that love fully iii a personal sexual relati0118hip' We believe that expressing our gender and sexuality with iiitegrity 15 important as a way to grow in love and discipleship; we lonb for the day when Christian5 fiilly accept. welcome, affilln and offer equality to everyoi)e in their diversity." IncludingF raisingF awareness and understaiidingF of theologFical issues related to sexuality and gender identity, proinoting fellowship ai)d pastoral support through local groups and other means and organising prayer and iefleLtion.' {b) to advance the education of the public on the needs and experiences of lesbian, gay, bigexual, transgender and intersex (LGB TI) Christians, and promote acceptance of diversity, SO tl)at they may be able to live without feai of rejection 01 ieciimination and be fully included in the life and ministry of the Church. Page 3
OneBodyOneFaith Ltd Trustees, Report Objectives, 51Tulegies andartivilies OneBodyOneFaith connects people who are committed to our Ststement of Conviction and works to brin¥ about chan¥e by providin¥ resources and opportunities to meet and engTagFe with issues of faith and Sexuality, by 'orkin¥ with key individua15 in denominatioiis to articulate our perspective and britjg about P05ltive change, by providing supptsrt to ii)dividuals and groups wishing to become Inore visible and vocal, and by engaging with the public through a range of media to raise awareness and bring about positive change. Public benefil The chariry's work benefits the public by.. reducin£ discrimination and its impact on LGB Tl people and particiilarly their mental health: building %tronger, more tolerant and diverse ci)mmunities; by enabling people to integrate their religious pra¢tices and spirituality into their identity as LGB Tl people. There is a broader iTnpact on the public in that the affirmation of LGB Tl+ people is iiow widely accepted and the charity's work affityns that people are not excluded from the gFood news of the gospel by virtue of their identity as LGBTI+ people, countering the harn]7 assumption that faith coinniunities will invariably reject people for being LGBTl+ OneBodyOneFaith connect5 people who are committed to our Statement of Convictioii aiid works to bringF abolit changje by providiiiuF resources and opportiinitie5 to meet and enLTage with Issues of faith and sexuality, by workinLF Wlth key individua15 in denoniinatioiis to articulate our perspective and bring about positive chai)¥e. by prowidii)g support tts ii)diwiduals and groups wishing to become more visible and vocal. and by engaging with the public through a range of media to raise awareness and bring about positive ehange. The trustees confim) that they have complied with the requirements of section 17 of the Chariiies Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Page 4
OneBodyOneFaith Ltd Trustees, Report Aehicvements and pcrformanee It ha% l)een a challcngin£ yet dynamic y¢ar for OneBodyOneFaith, giv¢n the context of operating as a faith-based charity in the mid%t of a pandemic. Our core work of supportiT]g LGBT+ Christian% and affinning churches has continiied, as well as developing online spa¢es and programmes for Ihose Impact eith¢r dir¢ctly or indirectly b). Covid-19. Our po%ition as experts and leaders in sectors is demonstrdted by our gromth in membership, and our broader visibility. both in the UK and internatiollally. Whilst 'e have not been able to meet our members or deliver and atteiid event5 in person, we have upped our online offering and connected with partner organisation5 who share our value5 and vision. We remaiii connected to the major UKdei)ominatioi)s and are growing our it]teniational reach. We reTnain committed to trnly representing the breadth and diversity of our meinbership and those we seek to represent and 5etTre. A5 siich, we have made Iiew trustee appointments diversifyingT jll the areas of race, bFeJider identity, and ieligious tradition. Throughout the year w'e have.. Created Rhythm.. a ui)ique and growing community that is seeking to embrace the spiritual flourighii)g of LGB T+ Christiai)s. We want to THRIVE, not survive: Convened ai)d financed the development of Space to Be.. a powerful coming together of like n)inded organisations to provide space foi LGBT+ Christians from around the world to con)e together ii) worship onlii)e during the strict lockdowns; Continued ihe development of Creating Sanctuary.. an entirely fresh approach to safeguarding LGBT+ people in churches. We sat alongside leading academics. theologians. and practiiioners to bring this PiL)neering resource to life: freely offering our administrdtive support and the lime of our Executive Directlir. Connected wilh leaders from acrL)ss ihe Iraditions and denominations.. included our expert advice being sought on Living in Love and Faith. supporting the Methodisi connection in Britsin as they journeyed iom'ards marriage equality, or challenging the Baptist Union of Great Britain on the lack of equaliry for L(iBT+ Ministers,. have sat with senilir leaders to challenge, guide. and work alongside. Produced several members only resources.. including liturgy for same-sex weddings. blessings and for those who are changing their names. We are developing further resources exclusively for those who are signed up members of OneBodyOneFaiih. We brought more groups together than ever before.. through the 'Power of Partnership" we united groups in an open and affimiaiive call to .orK.1ng together, challcnging exclusion. and championing the margiiialised. Enabled the work of Christians at Pride to continue. aiid gro,. even through the pa]idemic we successfully soiight grant funding to enable local Christians at Pride to continue positively speaking of God's love for all at Pride celebrations across the country. This fina]icing will continue iiito 2022, as well as our oiigoing inaiiagement and administration of the Christians at Pride lle.0rk. We have spoken at churches, conferences. schools. further education contexts, and businesses raisingF awareness, challengFingF injustice, aiid beinb part of the mechanistn for change. Page 5
OneBodyOneFaith Ltd Trustees, Report Finaneial revie Policy oil reserves Wc iieed reserves to ensure that our costs are covered. Therefore, we aim to maintain six {6) months, basic costs iii reserve. Any diminutioii from this has to be approved by the Board. Principal riikj. and uncerlaiNties None currently of an existential nature. Statement of Trustee5' Responsibilities The trustees (who are also ihe directors of OneBodyOneFaiih Ltd for ihe purposes of company lawl are responsible for preparing the Irusiees, repL)rt and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. Compan). law requires the trustees to prepare financial statements for each financial year. Under compan}, law the trL15tees must not approve the financial 5tatenient5 unless they are 5at15fied that they gFive a true and fair view of the state of affairs of the charitable compaiiy and of its incoming resources and applicatioii of resources, includingj its incoine and expenditllre, for that period. In preparing these financial 5tatetnents, the trustees are required to.. select suitable accounting policies and apply them consistently- observe the meihods and principles in the Chariiies SORP; make judgements and estimates that are reasonable and prudent; stale whether applicable UK Accounting Standards have been followed. subject to any material departures being disclosed and explained in the financial statements: and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible lor keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial positioi) of the charitable coinpany and enable them to ensure that the fii)ancial siatements coinply with the Companies Aci 2006. They are also respoiisible lor safeguarding the asse(s of the charitable company and hence lor taking reasonable steps for the prevention and detection of fraud and other irregulariiies. Small eornpanies provis1011 statement This report has been prepared in accordance w'ith the small CL)mpanies regime under the Companies Act 2006. The annual ieport Mas approved by the tiustees of the chaiity 01) 21 Jui)e 202? and sigrted on its behalf by.. The Venerable P P Leonard TTUStee Page 6
OneBodyOneFaith Ltd Independent Examiner's Report to the trustees of OneBodyOneFAith Ltd Independent examiner's report to the tru5tee5 of OneBodvOneFaith Ltd ('the Company,) I report to the chEity trustees oji tnj. examiiiation of the accouiits of the coinpaiiy for the year ended 31 October 2021. Responsibilities and basis of report As the charity's trustees of the company (and also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance 1th the requirements of the Companies Act 2006 {'the 2006 Act,). Having satisfied myself that the accounts of Ihe Company are noi required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respert of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act,). In carrving out my examination I have followed the directions given by the Charity Commission under section 145{5) (bl of the 2011 Art. IndepeThdent examiner s statement I l)ave Lompleted my examination. I confiTm that no matters l)ave come to Iny attention in Connection with the exdmiiiation ¥iving me Lause to believe that in any Inaterial respect.. accounting records were not kept in respect of Ihe Company as required by stIOn 386 of the 2006 Act; or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the accounting requirements of section 396 Ol'the 2006 Aci oiher than any requirement thai ihe accoun(s give a 'true and fair, view which is iiot a matter considered as part of an iiidependent examination: or 4. the accounts have not been prepared in a¢cordan¢e with the methods and principles of the Statement of Recommended Practice for ac¢ounting alld reporting by charities lapplicable io charities preparing their accounts in accordance with the Finan¢ial Reporting Standard applicabl¢ in Ihe UK alld R¢piiblic of Ireland (FRS I 0?)]. I have i)0 concerns and have come across no othei Inatters in connection with the examii)ation to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ionn li t5rieii Iwi)C. fLLA, PCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Eyaminers Units l & 2 North West 41 Talbot Street Nottinghain NGI 5GL Date.. 2210612022 Page 7
OneBodyOneFaith Ltd Statement of Financial Aetivities for the Year Ended 31 Oetober 2021 (Ineluding Income and Expenditure Account and Statement of Total Reeognised Gains and Losses) Total 2021 Total 2020 Unrestricted Note Income and Endowments fro. Donations and legacies Charitable activities Investment income 30,340 39,(199 iO,340 39,099 44,729 Total Income 69,442 69,442 57,387 Expenditure on.. Charitable activities (56,364) (56,364} (53,685} Total Expenditure (56,364) (56,364} (5J,685} Net iiicotne 13.078 13,078 3,702 Net inovemei)t in funds 13.078 13,078 3,702 Reconeiliation of funds Total funds brought forward 45,105 45,105 41,40i Total funds catTied fovard 58,183 58,183 45,105 All of the charity's activities derive from continuing operations during the above two periods. The i)otes On pages 10 to 15 form an integral part of these financial statements. Page 8
OneBodyOneFaith Ltd (Registration numb¢r: 03092197) Balanee Sheet as at 31 Oetober 2021 2021 2020 Note Current assets Debtors Cash at bank and in hand 2,208 44,879 59,929 59,929 47,087 Creditors: Amounts falling due within one year 11,746 11,982 Net assets 58,18i 45,105 Funds of the charity: Unrestricted income funds Unrestricted funds 58,183 45,105 Total funds 58,18i 45,105 For the financial year endii)g i l October 2021 the charity was entitled to exen)ption from audit under seetion 477 of the Companies Act 2006 relating to small companies. Directors. responsibilities.. The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and The directors acknoivledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These financial statements have been prepared in accordance with the sp¢cig1 provisions relating to compgnies subject to the small Companies regime within Part 15 of the Companies Aci 2006. The financiai ststements on pages 8 to 15 were approved by Ihe tsustees, and authorised for issue on 21 June 2022 and signed on their behalf by.. David Owen Company Secretary and fNstee The i)otes On pages 10 to 15 form an integral part of these financial statements. Page 9
OneBodyOneFaith Ltd Notes to the Financial Statements for the Year Ended 31 October 2021 Aeeounting polieies Sumrnary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparaiion of these financial statsments are set out below. These policies have been consistently applied to all ihe years presented, unless othenvise stated. Statement of eomplik)nee The fingncial statements have been prepared in accordance with Accounting and Reporting by Chariiies.. Statement of Recoinmended Practice {applicable to chariiies preparing their accounts in accordance with the F inancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021) {issued iii October 20191 (Charities SORP IFRS 102)), the Fillancial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) alld the Companies Aci 2006. Basis of preparation OneBodyOneFaith Ltd nieets the defiiiition of a public benefit eiitity linder FRS 102. Asset5 and liabilitie5 are initially recogjiised at historical cost or transaction value unless othenvise stated in the relevant accounting policy notes. Going coneern The financial stalemeiits have been prepared on a going concem basis. The tiustees assess whetl)er the use of goii)g eoneetli 15 appropriate i.e. whether tl)ere ale any material uncertainties related to events or conditions that may cast significant doubt oli the ability of the charity to coiitinue as a ¥oin¥ LonLern. The trustee5 make thi5 as5es5ment in respect of a period of one year from tl)e date of approval of the financial statements. Exemption from preparing a eash tIow 5tat¢ment The charity opted 10 adopt Bulleiin I published on 2 February 2016 and has therefore not included a cash flow siatemeni in these financial statements. Income 8nd endowments Voluntary income including donations, gifts. legacies and grants that prlivide core funding or are of a general naiure is recognised when the charity has eniitlement io ihe income. li is probable thai the income M'ill be received and the amouni can be measured wilh sufficieni reliability. Donations are recognised when the charity has been notified in mlting of both the amount and settlement date. lil the event that a donatioii is subject to conditions that require a level of perfonnance by the charity before the charity is entitlcd to the funds, the income is deferred and iiot recognised until either those conditions are fully et. or the fulfilment of those coiiditions 15 wholly Th'ithin the control of the charity. and it is probable that these conditions will be fulfilled in the reportin¥ period. GruNts reeelv4ble Grants are recognised when the charity has an entitlement to the funds and any conditions linked ro the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and incliided on the balance sheet as deferred income to be released. Page 10
OneBodyOneFaith Ltd Notes to the Financial Statements for the Year Ended 31 October 2021 IIiwE5tmenlincome Divideiids are recogni5ed once the dividetjd has been declared and notification ha5 been received of the dividend due. Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure. it is probable settleinei)t is required and the amount can be measured reliably. All costs are allocated to the applicable expendilure heading that aggregate similar costs to that category. Where costs cannot be directly attrIbUd to particular headings they have been allocated 01) a basis consistent with the use ol. resources. w'ith central staff Losts allocated on the basis of time spent. and depreciation charges allocated 01) the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Chqrilqble aclivilies Charitable expelld]re ¢ompri5es those costs incurred by the ¢harity in th¢ delivery of its activities and services fi)r its beneficiaries. It iiicludes both costs that ¢an be allocated directly to su¢h artiviti¢s and those costs of an indirect natur¢ necessary to support them. Government grants Government graiits are recogFI)ised based oli the accrual model and are tneasured at the fair value of the asset received or receivable. Grants are classified a5 relatinbT either to revenue or to assets. Grants relating to revenue are recognised in iiicome over the period iii which the related cost5 are recognised. Grants relating to assets are recobFni5ed over the expected 115eful life of the asset. Where part of a grant relating to an asset is deferred. it 15 recobFni5ed as defetTed incotne. Taxation The chaiity is considered to pass the tests set out in Paragraph I Sehedult 6 of tht Finance Act 2010 and therefore it meets the defiiiition of a Lharitable coinpany lor UK Loiporatioi) tax putposes. Accordingly. the ehaiity is potei)tially exempt from taxation in respect of income 01 capital gains received within categories towered by Chapter 3 Part I l of the Corpordtion Tax Act 2010 or Section 256 of the Taxatitsn of Chargtable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed assets costing £50 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impaimient losses. Depreciation and amortisation Depreciaiion is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.. Asset class Fixtures & fitiings Computer equipment Depreeiation method and rate 20 /0 Straightline i3.i /0 Stiaightline Page 11
OneBodyOneFaith Ltd Notes to the Financial Statements for the Year Ended 31 October 2021 Trade debtors '[ radc dcbtor% ar¢ amounts due from customers for merchandise sold or services perfomi¢d in th¢ ordinary ¢ourse of biisin¢ss. Trade debtors are recognised initially at th¢ transaction price. They ar¢ subsequently measured at amortised ¢ost using the effectivc iiiterest method, less provision for impaimient. A provision for the impaimient of trade debtors is established when there is objective evid¢nc¢ that thc charity M'ill not be able to Collert all amounts due according to the origFinal tern]5 of the receivables. Cash and cash equivalents Cash and cash equivaleiits comprise cash on hand and call deposits, and other short-temi highly liquid investmeiits that are readily convertible to a knowi amount of cash and are subject to an insignificant risk of changFe in value. Fund structure Unrestricted income funds are gerteral funds that are available for use at the trustees, discretion li) furtherance of the objectives of the charity. Pensions and other post retirement obligation5 The charity operates a dtfii)ed contribution pension scheme for employees. The assets of the scheme are held separdtely from thtsse of the charity. Pension costs Charges in the Stateinent of Financial Activities represent the eontributitsns payablt by the charity during tht year. 2 Incorne frorn dollat10115 and legacie5 Unrestricted funds General Total 2021 Total 2020 Donations ai)d legacies; Donations from iiidividuals Grants: includingj capital gFrants', Government grants Gr[tS from other charities 23.941 23.941 12,627 1,399 5,(100 1,399 5,000 iO,340 iO,340 12,627 3 Income from eharitablt activities Unrestricted funds General Total 2021 Total 2020 Membership Sales & fees 37,594 1,505 37,594 1,505 39,842 4.887 39,099 i9,099 44,729 Page 12
OneBodyOneFaith Ltd Notes to the Financial Statements for the Year Ended 31 October 2021 4 Grants & donations Unrestricted fund5 Total Sundry FP Anchor Foundaiion HMRC (JRS} 23,941 5,UOO 1,399 23,941 5,000 1,399 30,340 30,340 5 Investment income Unrestricted Total 2021 Total 2020 General Interest receivable and SiTnilar inconie., Interest receivable on bank deposits 6 Expenditure on charitable activities Unrestricted fund5 General Total 2021 Total 2020 Administration Fundraising & publicity Depreciation Publications & subscriptions Rent & services Staff expenses Meetings, retreats & conferences Volunteer expenses Trustee expenses Pensions Wages Grants givei) Merchandise 9,070 712 9,070 712 9,728 94 609 286 2,915 134 2.915 969 120 134 2,915 969 120 590 496 386 1,250 39,024 1,920 250 1,250 1,272 36,073 1,920 250 56,364 56,364 53,685 Page 13
OneBodyOneFaith Ltd Notes to the Financial Statements for the Year Ended 31 October 2021 7 Staff eosts The aggr¢gat¢ payroll costs were as follows.. 2021 2020 St8ff £0s¢s during the year were: Wages and salaries Pension costs i9,024 1,250 36,07i 1,272 40,?74 i7,345 The mollthly average number of persons (including senior management team) employed by the charity during the year was as follows.. 2021 2020 Average number of employees 212020- 2) of the above employees participated in the Defined Contribution Pension Schemes. Contributions ts) ihe employee pension schemes for the year ioralled £1,250 (2020- £1,272). No employee received emoluments of more than £60,000 during the ye4w. The chief executive officer, as the highest paid member of stsff, received benefit5 totalling L?7,289 (2020 £23,749). 8 Debtors 2021 2020 Other debtors 2,208 9 Creditors: amounts falling due within one year 2021 2020 Other taxation and swial security Other creditors 465 1,281 1,982 1,746 1,982 Page 14
OneBodyOneFaith Ltd Notes to the Financial Statements for the Year Ended 31 October 2021 10 Charity status The charity is a company limited by guaraiite¢ and con%eqiientl}' does not have share capital. Each of th¢ trustee5 15 liable to contribute ali amount not exceeding £1 towards the asset5 of the charity iii the event of liquidation. I l Fees payable to independent examiner Duiing the peiiod, the fees payable (excludii)g VAD to the charity's independent examiner Community Accounting Plus are analysed as follows.. 2021 2020 Indepei)dei)t exainii)ation Other financial 5etTrice5 800 800 689 616 1,489 1.416 12 Taxation The charity is a re¥istered charity and is therefore exeinpt froin Llxation. 13 Trustee5 remuneration and expense5 No trustees. nor any persons connected with them, have received any remuneratioii from the charity during the year. 14 Related party transactions There were no related party transactions in the year. 15 3rd party funds Opening balances Incoming resources {Resource5 ¢xpended} Total Baptist Ministry Project 7.687 4,941 (7,073) (7,073) 5,555 7,687 4,941 i,)55 Page 15