## Trustees’ Annual Report for the period
From 1[st] December 2020 to 30[th] November 2021
Charity name: Discovery Church Swindon Charity registration number: 1050620
Objectives and Activities
||SORP
reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The proclamation and furthering of the
gospel of Jesus Christ|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17
and 1.19|Regular services of worship, preaching and
expounding the Holy Bible. Activities within
the local communities that promote
cohesion and family unity, e.g. Parent and
Toddlers, youth events and Alpha courses.
In addition to this we employ two full-time
debt counsellors who offers free debt
counselling via a nationwide scheme
known as CAP - Christians Against
Poverty.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|We confirm that as trustees we have had
regard to the guidance issued by the
Charity Commission on public benefit|
|Additional information (optional)
Youmay choose toincludefurtherstatements||whererelevant about:|
||SORP
reference||
|Policy on grant making|Para 1.38|We do not offer grants to other bodies or
individuals, but we do try to support the
international church by sending money for
specific projects to support countries like
Burkina Faso, Nagaland in North East India
and in Albania|
|Policy on social investment
including program related
investment|Para 1.38||
|Contribution made by
volunteers|Para 1.38|Our volunteers engage fully in enabling us
to fulfil the purposes of the charity, for
example many help as befrienders via our
Christians Against Poverty ministry|
Other
## Achievements and Performance
||SORP
reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|During this period the Church has seen
modest growth in its numbers at all three
sites where we conduct Christian Worship
Services.
We have helped a number of families
through our partnership with Christians
Against Poverty in the Swindon
Community.
We have also been at the forefront of
initiatives under the Good News for
Swindon network promoting the working
together of Christian Churches in the town
to worship together, co-operate on serving
the great town of Swindon and its people
with social action projects that include
areas such as youth ministry, homeless
shelters, food banks etc.
Our new church in the**Penhill**area
continues albeit via zoom for some of the
time due to the COVID pandemic. We
started our normal face to face services
outdoors from April and as restrictions
eased within the building as Government
regulations allowed – with face masks etc.
All our churches followed a similar pattern
with most support provided via zoom
online.
Our senior leader resigned just prior to this
reporting period and took up employment
elsewhere. The local churches continue to
be led by those appointed, some are
salaried and others lead them on a bi-
vocational basis.|
|Additional information (optional)
You may choose to include further statements|Additional information (optional)
You may choose to include further statements|where relevant about:|
|---|---|---|
|Achievements against
objectives set|Para 1.41|Very little was accomplished during the
reporting period due to the restrictions of
the pandemic, although we continued to
offer online support via zoom and
WhatsApp.|
||||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|---|---|---|
|Investment performance
against objectives|Para 1.41||
|Other|||
## Financial Review
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The church continues to operate with a
healthy reserve and as a result of the
senior leader resigning from a paid position
the church has reduced the financial
burden it was under as a result.|
|---|---|---|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|We hold £30,000 in reserve for staff
salaries and hold a development fund
aimed at supporting our work of renovating
our mainbuilding.|
|Amount of reserves held|Para 1.22|£49,000|
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24|None|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|None|
## Additional information (optional) You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Almost all of our funding comes from the
members of the church.|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## Structure, Governance and Management
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|
Para 1.25|Model Constitution with Trust deed for local
AoG|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|A Christian Church Led by a Leadership
Team|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Nominated by Church Council endorsed by
Membership|
Additional information (optional) You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|The Trustees are selected on the basis of
their Christian faith and maturity as well as
their management skills. Discovery Church
Swindon isno longera part of the
Assemblies of God in Great Britain, since
7thMay 2019 having taken the decision
locally to become an independent church.
We retain however the same practices
locally that have always governed our
charity. The chairman of the charity is the
senior minister, but he may delegate that
responsibility with the permission of the
other trustees. The senior minister is
responsible for leading the charity overall,
but each local church is run by a minister
appointed to that role. The church is
governed practically and financially by the
Church Council who are the trustees of the
charity and one member is based at each
church location to represent their needs to
the charity.|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|In September 2019 the church started a
fourth congregation in partnership with
other Christian Churches in the town in the
area of Penhill, under the heading ‘Penhill
Community Church.’ It is managed
practically and financially by Discovery
Church Swindon.|
|Relationship with any
related parties|Para 1.51|Good News for Swindon is a relational
network of church and Christian
organisational leaders who operate in the
town of Swindon. We are a core part of this
network.|
|Other|||
## Reference and Administrative details
|Charity name|Discovery Church Swindon|
|---|---|
|Other name the charity uses|n/a|
|Registered charity number|1050620|
|Charity’s principal address|Discovery Church Swindon
1 Lagos Street
Swindon
SN1 2BU|
|||
Names of the charity trustees who manage the charity
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|Trustee name|Office (if any)|Dates acted if not for
whole year|Name of person (or body)
entitled to appoint trustee (if
any)|
|---|---|---|---|---|
||Thomas Paul Price|Chair|||
||Matthew Winbow||||
||Diane Perrott||||
||David Martin||Dec 2019 – 5thOct 2020||
||Gentian Mullaliu||17thNovember 2020
onwards||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
## – Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
|Trustee name|Dates acted if not for whole
year||
|---|---|---|
|PropertyTrust|||
||||
||||
||||
||||
||||
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## Additional information (optional)
Names and addresses of advisers (Optional information)
|Type of|Name|Address|
|---|---|---|
|adviser|||
Name of chief executive or names of senior staff members (Optional information)
## Exemptions from disclosure
## Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
|Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date|||
|---|---|---|
||Thomas Paul Price||
||
Chairman||
||28thApril 2020||
||28thApril 2020||
**REGISTERED CHARITY NUMBER: 1050620**
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 November 2021
for
Discovery Church Swindon
Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA
Discovery Church Swindon
Contents of the Financial Statements for the Year Ended 30 November 2021
|||Page||
|---|---|---|---|
|Report of the Trustees||1||
|Independent Examiner's Report||2||
|Statement of Financial Activities||3||
|Balance Sheet||4||
|Notes to the Financial Statements|5|to|13|
|Detailed Statement of Financial Activities|14|to|15|
Discovery Church Swindon
for the Year Ended 30 November 2021
## Report of the Trustees
The trustees present their report with the financial statements of the charity for the year ended 30 November 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1050620
## **Principal address**
1 Lagos Street Swindon Wiltshire SN1 2BU
## **Trustees**
T P Price D Perrott D J Martin M Winbow
## **Independent Examiner**
Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA
Approved by order of the board of trustees on 24 January 2022 and signed on its behalf by:
Trustee
1
Independent Examiner's Report to the Trustees of Discovery Church Swindon
## **Independent examiner's report to the trustees of Discovery Church Swindon**
I report to the charity trustees on my examination of the accounts of Discovery Church Swindon (the Trust) for the year ended 30 November 2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Christopher Vaughan Institute of Chartered Accountants in England and Wales Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA
24 January 2022
2
Discovery Church Swindon
## Statement of Financial Activities
## for the Year Ended 30 November 2021
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
123,538
Investment income
2
4,678
Other income
994
**Total**
129,210
**EXPENDITURE ON**
**Charitable activities**
Support of Christian worship and discipleship
113,211
Missionary work
7,525
**Total**
120,736
**NET INCOME/(EXPENDITURE)**
8,474
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
641,181
**TOTAL FUNDS CARRIED FORWARD**
649,655|Restricted
funds
£
45,180
-
-
45,180
45,215
722
45,937
(757)
16,512
15,755|30.11.21
30.11.20
Total
Total
funds
funds
£
£
168,718
166,807
4,678
4,431
994
6,334
174,390
177,572
158,426
154,998
8,247
30,694
166,673
185,692
7,717
(8,120)
657,693
665,813
665,410
657,693|
|---|---|---|
The notes form part of these financial statements
3
Discovery Church Swindon
## Balance Sheet
## 30 November 2021
|Notes
**FIXED ASSETS**
Tangible assets
6
**CURRENT ASSETS**
Debtors
7
Cash at bank and in hand
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
8
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
590,000
1,675
57,980
59,655
59,655
649,655
649,655|Restricted
funds
£
-
120
15,635
15,755
15,755
15,755
15,755|30.11.21
Total
funds
£
590,000
1,795
73,615
75,410
75,410
665,410
665,410
649,655
15,755
665,410|30.11.20
Total
funds
£
590,000
1,328
66,365|
|---|---|---|---|---|
|||||67,693|
|||||67,693|
|||||657,693|
|||||657,693|
|||||641,181
16,512|
|||||657,693|
The financial statements were approved by the Board of Trustees and authorised for issue on 24 January 2022 and were signed on its behalf by:
Trustee
The notes form part of these financial statements
4
Discovery Church Swindon
Notes to the Financial Statements for the Year Ended 30 November 2021
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||30.11.21|30.11.20|
||£|£|
|Rents received|4,670|4,114|
|Deposit account interest|8|317|
||4,678|4,431|
5
continued...
Discovery Church Swindon
Notes to the Financial Statements - continued for the Year Ended 30 November 2021
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 November 2021 nor for the year ended 30 November 2020.
Salaries were paid to the following trustees with regard to church leadership -
T.P. Price £2706 M.Winbow £24224
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 November 2021 nor for the year ended 30 November 2020.
## **4. STAFF COSTS**
The average monthly number of employees during the year was as follows:
## **5.**
|||30.11.21|30.11.20|
|---|---|---|---|
|Church Leadership||2|2|
|Administration||2|2|
|||4|4|
|No employees received emoluments in excess of £60,000.||||
|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**|**ACTIVITIES**|||
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||£|£|£|
|**INCOME AND ENDOWMENTS FROM**||||
|Donations and legacies|132,166|34,641|166,807|
|Investment income|4,431|-|4,431|
|Other income|6,334|-|6,334|
|**Total**|142,931|34,641|177,572|
|**EXPENDITURE ON**||||
|**Charitable activities**||||
|Support of Christian worship and discipleship|153,398|1,600|154,998|
|Missionary work|-|30,694|30,694|
|**Total**|153,398|32,294|185,692|
|**NET INCOME/(EXPENDITURE)**|(10,467)|2,347|(8,120)|
|**RECONCILIATION OF FUNDS**||||
|**Total funds brought forward**|651,648|14,165|665,813|
6
continued...
Discovery Church Swindon
Notes to the Financial Statements - continued for the Year Ended 30 November 2021
|**5.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
funds
funds
£
£
**TOTAL FUNDS CARRIED FORWARD**
641,181
16,512
**6.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 December 2020 and 30 November 2021
**NET BOOK VALUE**
At 30 November 2021
At 30 November 2020
**7.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
30.11.21
£
Gift Aid
1,795|Total
funds
£
657,693
Freehold
property
£
590,000
590,000
590,000
30.11.20
£
1,328|Total
funds
£|
|---|---|---|
|||657,693|
continued...
7
Discovery Church Swindon
## Notes to the Financial Statements - continued for the Year Ended 30 November 2021
## **8. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Development Reserve
Admin Reserve
Central Staff Reserve
Revaluation Reserve
**Restricted funds**
Building Fund
Little Lambs
Benevolent Fund
Pastor/Teacher Resources
Synergy
Rent Deposit
Training
New Day
Albania
Penhill Mission
A Wood Mission Legacy
CAP Swindon
Nagaland Student
Parks Mission
**TOTAL FUNDS**|At
1.12.20
£
512,418
11,763
30,000
7,000
80,000
641,181
2,801
1,314
334
25
353
320
225
34
21
94
2,000
8,857
134
-
16,512
657,693|Net
movement
in funds
£
8,474
-
-
-
-
8,474
720
(355)
(334)
(25)
(353)
(40)
682
-
-
215
(2,000)
(811)
-
1,544
(757)
7,717|At
30.11.21
£
520,892
11,763
30,000
7,000
80,000|
|---|---|---|---|
||||649,655
3,521
959
-
-
-
280
907
34
21
309
-
8,046
134
1,544|
||||15,755|
||||665,410|
continued...
8
Discovery Church Swindon
Notes to the Financial Statements - continued for the Year Ended 30 November 2021
## **8. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Building Fund
Little Lambs
Benevolent Fund
Pastor/Teacher Resources
Synergy
Rent Deposit
Training
Penhill Mission
A Wood Mission Legacy
CAP Swindon
Nagaland Student
Parks Mission
Chad
**TOTAL FUNDS**|Incoming
resources
£
129,210
720
-
241
2
-
-
829
23,765
-
6,018
7,050
2,043
4,512
45,180
174,390|Resources
Movement
expended
in funds
£
£
(120,736)
8,474
-
720
(355)
(355)
(575)
(334)
(27)
(25)
(353)
(353)
(40)
(40)
(147)
682
(23,550)
215
(2,000)
(2,000)
(6,829)
(811)
(7,050)
-
(499)
1,544
(4,512)
-
(45,937)
(757)
(166,673)
7,717|
|---|---|---|
continued...
9
Discovery Church Swindon
Notes to the Financial Statements - continued for the Year Ended 30 November 2021
## **8. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Development Reserve
Admin Reserve
Central Staff Reserve
Revaluation Reserve
**Restricted funds**
Building Fund
Little Lambs
Benevolent Fund
Pastor/Teacher Resources
Synergy
Rent Deposit
Training
New Day
Albania
Burkina Faso
Macedonia Missionaries
Nagaland Building
Penhill Mission
Central Mission
A Wood Mission Legacy
CAP Swindon
Nagaland Student
**TOTAL FUNDS**|At
1.12.19
£
512,582
22,066
30,000
7,000
80,000
651,648
2,086
1,369
738
62
562
320
58
34
63
135
700
(1,250)
1,689
393
3,780
2,615
811
14,165
665,813|Net
movement
in funds
£
(164)
(10,303)
-
-
-
(10,467)
715
(55)
(404)
(37)
(209)
-
167
-
(42)
(135)
(700)
1,250
(1,595)
(393)
(1,780)
6,242
(677)
2,347
(8,120)|At
30.11.20
£
512,418
11,763
30,000
7,000
80,000|
|---|---|---|---|
||||641,181
2,801
1,314
334
25
353
320
225
34
21
-
-
-
94
-
2,000
8,857
134|
||||16,512|
||||657,693|
continued...
10
Discovery Church Swindon
Notes to the Financial Statements - continued for the Year Ended 30 November 2021
## **8. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Development Reserve
**Restricted funds**
Building Fund
Little Lambs
Benevolent Fund
Pastor/Teacher Resources
Synergy
Training
Albania
Burkina Faso
Macedonia Missionaries
Nagaland Building
Penhill Mission
Central Mission
A Wood Mission Legacy
CAP Swindon
Nagaland Student
Albania Earthquake
**TOTAL FUNDS**|Incoming
resources
£
142,931
-
142,931
715
6
249
-
492
1,274
153
8,830
-
1,250
1,170
2
1,220
6,692
5,683
6,905
34,641
177,572|Resources
Movement
expended
in funds
£
£
(143,095)
(164)
(10,303)
(10,303)
(153,398)
(10,467)
-
715
(61)
(55)
(653)
(404)
(37)
(37)
(701)
(209)
(1,107)
167
(195)
(42)
(8,965)
(135)
(700)
(700)
-
1,250
(2,765)
(1,595)
(395)
(393)
(3,000)
(1,780)
(450)
6,242
(6,360)
(677)
(6,905)
-
(32,294)
2,347
(185,692)
(8,120)|
|---|---|---|
continued...
11
Discovery Church Swindon
Notes to the Financial Statements - continued for the Year Ended 30 November 2021
## **8. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Development Reserve
Admin Reserve
Central Staff Reserve
Revaluation Reserve
**Restricted funds**
Building Fund
Little Lambs
Benevolent Fund
Pastor/Teacher Resources
Synergy
Rent Deposit
Training
New Day
Albania
Burkina Faso
Macedonia Missionaries
Nagaland Building
Penhill Mission
Central Mission
A Wood Mission Legacy
CAP Swindon
Nagaland Student
Parks Mission
**TOTAL FUNDS**|At
1.12.19
£
512,582
22,066
30,000
7,000
80,000
651,648
2,086
1,369
738
62
562
320
58
34
63
135
700
(1,250)
1,689
393
3,780
2,615
811
-
14,165
665,813|Net
movement
in funds
£
8,310
(10,303)
-
-
-
(1,993)
1,435
(410)
(738)
(62)
(562)
(40)
849
-
(42)
(135)
(700)
1,250
(1,380)
(393)
(3,780)
5,431
(677)
1,544
1,590
(403)|At
30.11.21
£
520,892
11,763
30,000
7,000
80,000|
|---|---|---|---|
||||649,655
3,521
959
-
-
-
280
907
34
21
-
-
-
309
-
-
8,046
134
1,544|
||||15,755|
||||665,410|
continued...
12
Discovery Church Swindon
Notes to the Financial Statements - continued for the Year Ended 30 November 2021
## **8. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Development Reserve
**Restricted funds**
Building Fund
Little Lambs
Benevolent Fund
Pastor/Teacher Resources
Synergy
Rent Deposit
Training
Albania
Burkina Faso
Macedonia Missionaries
Nagaland Building
Penhill Mission
Central Mission
A Wood Mission Legacy
CAP Swindon
Nagaland Student
Albania Earthquake
Parks Mission
Chad
**TOTAL FUNDS**|Incoming
resources
£
272,141
-
272,141
1,435
6
490
2
492
-
2,103
153
8,830
-
1,250
24,935
2
1,220
12,710
12,733
6,905
2,043
4,512
79,821
351,962|Resources
Movement
expended
in funds
£
£
(263,831)
8,310
(10,303)
(10,303)
(274,134)
(1,993)
-
1,435
(416)
(410)
(1,228)
(738)
(64)
(62)
(1,054)
(562)
(40)
(40)
(1,254)
849
(195)
(42)
(8,965)
(135)
(700)
(700)
-
1,250
(26,315)
(1,380)
(395)
(393)
(5,000)
(3,780)
(7,279)
5,431
(13,410)
(677)
(6,905)
-
(499)
1,544
(4,512)
-
(78,231)
1,590
(352,365)
(403)|
|---|---|---|
## **9. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 November 2021.
13
Discovery Church Swindon
## Detailed Statement of Financial Activities for the Year Ended 30 November 2021
|Detailed Statement of Financial Activities
for the Year Ended 30 November 2021|||
|---|---|---|
||30.11.21|30.11.20|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Gift aided offerings|83,211|76,549|
|Gift aid refund|19,794|21,564|
|Non-gift aid offerings|65,713|68,694|
||168,718|166,807|
|**Investment income**|||
|Rents received|4,670|4,114|
|Deposit account interest|8|317|
||4,678|4,431|
|**Other income**|||
|Miscellaneous income|994|6,334|
|**Total incoming resources**|174,390|177,572|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Wages|77,335|105,130|
|Hire of buildings|9,564|5,971|
|Water and waste disposal|517|642|
|Light and heat|2,279|1,919|
|Sundries|-|61|
|Penhill mission costs|4,059|-|
|Church maintenance|909|999|
|Central church refurbishment|-|7,004|
|Manse upkeep|436|2,679|
|Missionary giving and travel|14,137|31,449|
|Nagaland|1,800|1,800|
|Albania|4,200|4,200|
|Telephone|661|734|
|Bank charges|144|207|
|Administration and office|1,249|2,317|
|Insurance|2,124|2,259|
|Worship|-|793|
|Benevolent|-|612|
|Central General fund|6,919|1,563|
|Parks General fund|861|1,471|
|Wroughton General fund|2,091|1,605|
|Penhill|3,084|1,374|
|Children, young people|435|-|
|CAP centre|7,829|6,040|
|Training|147|2,310|
|Events and social|-|40|
|Carried forward|140,780|183,179|
This page does not form part of the statutory financial statements
14
Discovery Church Swindon
|Detailed Statement of Financial Activities|||
|---|---|---|
|for the Year Ended 30 November 2021|||
||30.11.21|30.11.20|
||£|£|
|**Charitable activities**|||
|Brought forward|140,780|183,179|
|Miscellaneous expenses|1,044|2,213|
|Swindon Youth for Christ|653|300|
|Penhill church refurbishment|23,550|-|
||166,027|185,692|
|**Support costs**|||
|**Governance costs**|||
|Accountancy and legal fees|646|-|
|Total resources expended|166,673|185,692|
|**Net income/(expenditure)**|7,717|(8,120)|
This page does not form part of the statutory financial statements
15
**REGISTERED CHARITY NUMBER: 1050620**
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 November 2021
for
Discovery Church Swindon
Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA
Discovery Church Swindon
Contents of the Financial Statements for the Year Ended 30 November 2021
|||Page||
|---|---|---|---|
|Report of the Trustees||1||
|Independent Examiner's Report||2||
|Statement of Financial Activities||3||
|Balance Sheet||4||
|Notes to the Financial Statements|5|to|13|
|Detailed Statement of Financial Activities|14|to|15|
Discovery Church Swindon
for the Year Ended 30 November 2021
## Report of the Trustees
The trustees present their report with the financial statements of the charity for the year ended 30 November 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1050620
## **Principal address**
1 Lagos Street Swindon Wiltshire SN1 2BU
## **Trustees**
T P Price D Perrott D J Martin M Winbow
## **Independent Examiner**
Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA
Approved by order of the board of trustees on 24 January 2022 and signed on its behalf by:
Trustee
1
Independent Examiner's Report to the Trustees of Discovery Church Swindon
## **Independent examiner's report to the trustees of Discovery Church Swindon**
I report to the charity trustees on my examination of the accounts of Discovery Church Swindon (the Trust) for the year ended 30 November 2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Christopher Vaughan Institute of Chartered Accountants in England and Wales Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA
24 January 2022
2
Discovery Church Swindon
## Statement of Financial Activities
## for the Year Ended 30 November 2021
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
123,538
Investment income
2
4,678
Other income
994
**Total**
129,210
**EXPENDITURE ON**
**Charitable activities**
Support of Christian worship and discipleship
113,211
Missionary work
7,525
**Total**
120,736
**NET INCOME/(EXPENDITURE)**
8,474
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
641,181
**TOTAL FUNDS CARRIED FORWARD**
649,655|Restricted
funds
£
45,180
-
-
45,180
45,215
722
45,937
(757)
16,512
15,755|30.11.21
30.11.20
Total
Total
funds
funds
£
£
168,718
166,807
4,678
4,431
994
6,334
174,390
177,572
158,426
154,998
8,247
30,694
166,673
185,692
7,717
(8,120)
657,693
665,813
665,410
657,693|
|---|---|---|
The notes form part of these financial statements
3
Discovery Church Swindon
## Balance Sheet
## 30 November 2021
|Notes
**FIXED ASSETS**
Tangible assets
6
**CURRENT ASSETS**
Debtors
7
Cash at bank and in hand
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
8
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
590,000
1,675
57,980
59,655
59,655
649,655
649,655|Restricted
funds
£
-
120
15,635
15,755
15,755
15,755
15,755|30.11.21
Total
funds
£
590,000
1,795
73,615
75,410
75,410
665,410
665,410
649,655
15,755
665,410|30.11.20
Total
funds
£
590,000
1,328
66,365|
|---|---|---|---|---|
|||||67,693|
|||||67,693|
|||||657,693|
|||||657,693|
|||||641,181
16,512|
|||||657,693|
The financial statements were approved by the Board of Trustees and authorised for issue on 24 January 2022 and were signed on its behalf by:
Trustee
The notes form part of these financial statements
4
Discovery Church Swindon
Notes to the Financial Statements for the Year Ended 30 November 2021
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||30.11.21|30.11.20|
||£|£|
|Rents received|4,670|4,114|
|Deposit account interest|8|317|
||4,678|4,431|
5
continued...
Discovery Church Swindon
Notes to the Financial Statements - continued for the Year Ended 30 November 2021
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 November 2021 nor for the year ended 30 November 2020.
Salaries were paid to the following trustees with regard to church leadership -
T.P. Price £2706 M.Winbow £24224
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 November 2021 nor for the year ended 30 November 2020.
## **4. STAFF COSTS**
The average monthly number of employees during the year was as follows:
## **5.**
|||30.11.21|30.11.20|
|---|---|---|---|
|Church Leadership||2|2|
|Administration||2|2|
|||4|4|
|No employees received emoluments in excess of £60,000.||||
|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**|**ACTIVITIES**|||
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||£|£|£|
|**INCOME AND ENDOWMENTS FROM**||||
|Donations and legacies|132,166|34,641|166,807|
|Investment income|4,431|-|4,431|
|Other income|6,334|-|6,334|
|**Total**|142,931|34,641|177,572|
|**EXPENDITURE ON**||||
|**Charitable activities**||||
|Support of Christian worship and discipleship|153,398|1,600|154,998|
|Missionary work|-|30,694|30,694|
|**Total**|153,398|32,294|185,692|
|**NET INCOME/(EXPENDITURE)**|(10,467)|2,347|(8,120)|
|**RECONCILIATION OF FUNDS**||||
|**Total funds brought forward**|651,648|14,165|665,813|
6
continued...
Discovery Church Swindon
Notes to the Financial Statements - continued for the Year Ended 30 November 2021
|**5.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
funds
funds
£
£
**TOTAL FUNDS CARRIED FORWARD**
641,181
16,512
**6.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 December 2020 and 30 November 2021
**NET BOOK VALUE**
At 30 November 2021
At 30 November 2020
**7.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
30.11.21
£
Gift Aid
1,795|Total
funds
£
657,693
Freehold
property
£
590,000
590,000
590,000
30.11.20
£
1,328|Total
funds
£|
|---|---|---|
|||657,693|
continued...
7
Discovery Church Swindon
## Notes to the Financial Statements - continued for the Year Ended 30 November 2021
## **8. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Development Reserve
Admin Reserve
Central Staff Reserve
Revaluation Reserve
**Restricted funds**
Building Fund
Little Lambs
Benevolent Fund
Pastor/Teacher Resources
Synergy
Rent Deposit
Training
New Day
Albania
Penhill Mission
A Wood Mission Legacy
CAP Swindon
Nagaland Student
Parks Mission
**TOTAL FUNDS**|At
1.12.20
£
512,418
11,763
30,000
7,000
80,000
641,181
2,801
1,314
334
25
353
320
225
34
21
94
2,000
8,857
134
-
16,512
657,693|Net
movement
in funds
£
8,474
-
-
-
-
8,474
720
(355)
(334)
(25)
(353)
(40)
682
-
-
215
(2,000)
(811)
-
1,544
(757)
7,717|At
30.11.21
£
520,892
11,763
30,000
7,000
80,000|
|---|---|---|---|
||||649,655
3,521
959
-
-
-
280
907
34
21
309
-
8,046
134
1,544|
||||15,755|
||||665,410|
continued...
8
Discovery Church Swindon
Notes to the Financial Statements - continued for the Year Ended 30 November 2021
## **8. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Building Fund
Little Lambs
Benevolent Fund
Pastor/Teacher Resources
Synergy
Rent Deposit
Training
Penhill Mission
A Wood Mission Legacy
CAP Swindon
Nagaland Student
Parks Mission
Chad
**TOTAL FUNDS**|Incoming
resources
£
129,210
720
-
241
2
-
-
829
23,765
-
6,018
7,050
2,043
4,512
45,180
174,390|Resources
Movement
expended
in funds
£
£
(120,736)
8,474
-
720
(355)
(355)
(575)
(334)
(27)
(25)
(353)
(353)
(40)
(40)
(147)
682
(23,550)
215
(2,000)
(2,000)
(6,829)
(811)
(7,050)
-
(499)
1,544
(4,512)
-
(45,937)
(757)
(166,673)
7,717|
|---|---|---|
continued...
9
Discovery Church Swindon
Notes to the Financial Statements - continued for the Year Ended 30 November 2021
## **8. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Development Reserve
Admin Reserve
Central Staff Reserve
Revaluation Reserve
**Restricted funds**
Building Fund
Little Lambs
Benevolent Fund
Pastor/Teacher Resources
Synergy
Rent Deposit
Training
New Day
Albania
Burkina Faso
Macedonia Missionaries
Nagaland Building
Penhill Mission
Central Mission
A Wood Mission Legacy
CAP Swindon
Nagaland Student
**TOTAL FUNDS**|At
1.12.19
£
512,582
22,066
30,000
7,000
80,000
651,648
2,086
1,369
738
62
562
320
58
34
63
135
700
(1,250)
1,689
393
3,780
2,615
811
14,165
665,813|Net
movement
in funds
£
(164)
(10,303)
-
-
-
(10,467)
715
(55)
(404)
(37)
(209)
-
167
-
(42)
(135)
(700)
1,250
(1,595)
(393)
(1,780)
6,242
(677)
2,347
(8,120)|At
30.11.20
£
512,418
11,763
30,000
7,000
80,000|
|---|---|---|---|
||||641,181
2,801
1,314
334
25
353
320
225
34
21
-
-
-
94
-
2,000
8,857
134|
||||16,512|
||||657,693|
continued...
10
Discovery Church Swindon
Notes to the Financial Statements - continued for the Year Ended 30 November 2021
## **8. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Development Reserve
**Restricted funds**
Building Fund
Little Lambs
Benevolent Fund
Pastor/Teacher Resources
Synergy
Training
Albania
Burkina Faso
Macedonia Missionaries
Nagaland Building
Penhill Mission
Central Mission
A Wood Mission Legacy
CAP Swindon
Nagaland Student
Albania Earthquake
**TOTAL FUNDS**|Incoming
resources
£
142,931
-
142,931
715
6
249
-
492
1,274
153
8,830
-
1,250
1,170
2
1,220
6,692
5,683
6,905
34,641
177,572|Resources
Movement
expended
in funds
£
£
(143,095)
(164)
(10,303)
(10,303)
(153,398)
(10,467)
-
715
(61)
(55)
(653)
(404)
(37)
(37)
(701)
(209)
(1,107)
167
(195)
(42)
(8,965)
(135)
(700)
(700)
-
1,250
(2,765)
(1,595)
(395)
(393)
(3,000)
(1,780)
(450)
6,242
(6,360)
(677)
(6,905)
-
(32,294)
2,347
(185,692)
(8,120)|
|---|---|---|
continued...
11
Discovery Church Swindon
Notes to the Financial Statements - continued for the Year Ended 30 November 2021
## **8. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Development Reserve
Admin Reserve
Central Staff Reserve
Revaluation Reserve
**Restricted funds**
Building Fund
Little Lambs
Benevolent Fund
Pastor/Teacher Resources
Synergy
Rent Deposit
Training
New Day
Albania
Burkina Faso
Macedonia Missionaries
Nagaland Building
Penhill Mission
Central Mission
A Wood Mission Legacy
CAP Swindon
Nagaland Student
Parks Mission
**TOTAL FUNDS**|At
1.12.19
£
512,582
22,066
30,000
7,000
80,000
651,648
2,086
1,369
738
62
562
320
58
34
63
135
700
(1,250)
1,689
393
3,780
2,615
811
-
14,165
665,813|Net
movement
in funds
£
8,310
(10,303)
-
-
-
(1,993)
1,435
(410)
(738)
(62)
(562)
(40)
849
-
(42)
(135)
(700)
1,250
(1,380)
(393)
(3,780)
5,431
(677)
1,544
1,590
(403)|At
30.11.21
£
520,892
11,763
30,000
7,000
80,000|
|---|---|---|---|
||||649,655
3,521
959
-
-
-
280
907
34
21
-
-
-
309
-
-
8,046
134
1,544|
||||15,755|
||||665,410|
continued...
12
Discovery Church Swindon
Notes to the Financial Statements - continued for the Year Ended 30 November 2021
## **8. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Development Reserve
**Restricted funds**
Building Fund
Little Lambs
Benevolent Fund
Pastor/Teacher Resources
Synergy
Rent Deposit
Training
Albania
Burkina Faso
Macedonia Missionaries
Nagaland Building
Penhill Mission
Central Mission
A Wood Mission Legacy
CAP Swindon
Nagaland Student
Albania Earthquake
Parks Mission
Chad
**TOTAL FUNDS**|Incoming
resources
£
272,141
-
272,141
1,435
6
490
2
492
-
2,103
153
8,830
-
1,250
24,935
2
1,220
12,710
12,733
6,905
2,043
4,512
79,821
351,962|Resources
Movement
expended
in funds
£
£
(263,831)
8,310
(10,303)
(10,303)
(274,134)
(1,993)
-
1,435
(416)
(410)
(1,228)
(738)
(64)
(62)
(1,054)
(562)
(40)
(40)
(1,254)
849
(195)
(42)
(8,965)
(135)
(700)
(700)
-
1,250
(26,315)
(1,380)
(395)
(393)
(5,000)
(3,780)
(7,279)
5,431
(13,410)
(677)
(6,905)
-
(499)
1,544
(4,512)
-
(78,231)
1,590
(352,365)
(403)|
|---|---|---|
## **9. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 November 2021.
13
Discovery Church Swindon
## Detailed Statement of Financial Activities for the Year Ended 30 November 2021
|Detailed Statement of Financial Activities
for the Year Ended 30 November 2021|||
|---|---|---|
||30.11.21|30.11.20|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Gift aided offerings|83,211|76,549|
|Gift aid refund|19,794|21,564|
|Non-gift aid offerings|65,713|68,694|
||168,718|166,807|
|**Investment income**|||
|Rents received|4,670|4,114|
|Deposit account interest|8|317|
||4,678|4,431|
|**Other income**|||
|Miscellaneous income|994|6,334|
|**Total incoming resources**|174,390|177,572|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Wages|77,335|105,130|
|Hire of buildings|9,564|5,971|
|Water and waste disposal|517|642|
|Light and heat|2,279|1,919|
|Sundries|-|61|
|Penhill mission costs|4,059|-|
|Church maintenance|909|999|
|Central church refurbishment|-|7,004|
|Manse upkeep|436|2,679|
|Missionary giving and travel|14,137|31,449|
|Nagaland|1,800|1,800|
|Albania|4,200|4,200|
|Telephone|661|734|
|Bank charges|144|207|
|Administration and office|1,249|2,317|
|Insurance|2,124|2,259|
|Worship|-|793|
|Benevolent|-|612|
|Central General fund|6,919|1,563|
|Parks General fund|861|1,471|
|Wroughton General fund|2,091|1,605|
|Penhill|3,084|1,374|
|Children, young people|435|-|
|CAP centre|7,829|6,040|
|Training|147|2,310|
|Events and social|-|40|
|Carried forward|140,780|183,179|
This page does not form part of the statutory financial statements
14
Discovery Church Swindon
|Detailed Statement of Financial Activities|||
|---|---|---|
|for the Year Ended 30 November 2021|||
||30.11.21|30.11.20|
||£|£|
|**Charitable activities**|||
|Brought forward|140,780|183,179|
|Miscellaneous expenses|1,044|2,213|
|Swindon Youth for Christ|653|300|
|Penhill church refurbishment|23,550|-|
||166,027|185,692|
|**Support costs**|||
|**Governance costs**|||
|Accountancy and legal fees|646|-|
|Total resources expended|166,673|185,692|
|**Net income/(expenditure)**|7,717|(8,120)|
This page does not form part of the statutory financial statements
15