TRUSTEES ANNUAL REPORT FOR THE FINANCIAL YEAR 1[st ] January 2021 TO 31[st] December 2021
Rock Community Church, Salem Chapel, New Park Street, Devizes SN10 1DY is registered with the Charity Commissioners (No: 1050624) and is constituted by Deed of Trust.
The Charity objectives are:
-
The advancement of the Christian Faith in accordance with the Statement of Faith of the Assemblies of God
-
To relieve sickness and financial hardship and the promotion of good health by providing funds, goods or services
-
To advance education, by proclamation, charitable activities, spiritual teaching and the promotion of spiritual observances.
Our activities include:
Sunday worship and midweek groups for fellowship, teaching and prayer Children’s groups Parent and Toddler group
Support and fundraising for Christian charities and missionary work overseas and in the UK Pastoral support and Christian counselling
Luncheon club
Courses that include: enquirers, Christian discipleship, parenting, pre-marriage
This year began like 2020 with restrictions in place due to the Covid19 pandemic but the Trustees were pleased to be able to open the building in line with government guidelines having put into place strict safeguards that sought to minimise the spread of the virus. The trustees took measures to ensure that the building complied with the latest electrical regulations.
The management trustees applied to HMRC for their own reference number to deal with all matters in relation to Gift Aid and are pleased to say that HMRC granted this request. The trustees have since sought to make at least two Gift Aid claims and a Small Gift Aid Donations Scheme claim.
The Church Council has meet regularly during the course of the year and has kept minutes of these meetings, seeking at all times to remain compliant with applicable charity law. Through what has been another tough year, the management trustees have been very grateful for all of the contributions that the volunteers have given to the charity and for all the financial contributions they have received.
The Church Council continues to regulate expenditure with day-to-day financial matters delegated to an administrative team. Strict safeguards continue to be in place under our procedures, which we reviewed along with the Reserves Policy during the course of the year. The management trustees are pleased to report that the charity has continued to be solvent throughout the year.
The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking any reasonable steps for the prevention and detection of fraud and other irregularities. In line with the Charities Act 2011, the Trustees have prepared financial statements using an independent examiner that give a true and fair view of the state of affairs of the charity for that period. In preparing the financial statements, the trustees are required to:
-
Select suitable accounting policies and apply them consistently
-
Make judgements and estimates that are reasonable and prudent
1
- Prepare financial statements on the going concern basis unless it is appropriate to presume that the charity will continue in existence
The management trustees have carried out health and safety risk assessments and have noted that there are adequate safeguards in place. These assessments are carried out at least three times during the year with a report being given to the next trustees meeting. The management trustees have ensured that there has been a fire safety risk assessment with accompanying fire drills. The trustees continue to make risk assessments of the charity and amend, adjust or alter any necessary criteria that have arisen from such an audit. They are pleased to report that there have not been any serious incidents during the past year.
This year the Church Council have reviewed a number of policies and have amended, revised or altered those policies to make sure that they are fit for purpose.
The Church Council seek to continue to work closely together to ensure that the charity remains solvent and moving forward.
For and on behalf of the Management Trustees
Rev David Fiddy MA, Chairman
02 September 2022
2
ROCK COMMUNITY CHURCH
NEW PARK STREET
DEVIZES
WILTSHIRE
SN10 1DY
Registered Charity: 1050624
STATEMENT OF ACCOUNT
AND
INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2021
Luke Silver Accountancy & Taxation Services 12 Oliver Street Pontypridd Mid Glamorgan CF37 2RD
Mobile: 07710 456376
E-mail: luke-silver@puresilver.org.uk
Independent Examiner’s Report on the Accounts
Accruals Accounts
Report to the trustees/members of Rock Community Church
Registered Charity Number 1050624
On the accounts for the year ended 31[st] December 2021
Set out on the following pages
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity¹s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to: examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements
-
To keep accounting records in accordance with section 130 of the 2011 Act; and
-
• To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act Have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed L A Silver
Date: 1 March 2022
Luke Silver, HNC Business & Finance Accountancy Practitioner
12 Oliver Street, Pontypridd, Mid Glamorgan. CF37 2RD
Independent Examiners Report to the Trustees and Church Council
Introduction
Thank you for submitting the accounts for independent examination. They have been well maintained and the treasurer and others responsible are to be commended for their hard work.
Charity Law and Financial Regulations
The independent examination has been carried out in accordance with the Charities (Accounts and Reports) Regulations 1995 (Statutory Instruments No 2724) and the Accounting by Charities Statement of Recommended Practice (SORP).
Signing of Accounts
I shall be obliged if you will please forward a copy of the signature page for my records after the accounts have been signed by a representative appointed by the Trustees and Church Council. A spare copy is enclosed.
Conclusion
There are no other matters I feel need to be brought to your attention.
Please do not hesitate to contact me for further clarification or for further assistance.
Luke Silver
Date: 1 March 2022
ROCK COMMUNITY CHURCH
REPORT OF THE TRUSTEES AND CHURCH COUNCIL FOR THE YEAR ENDED 31[ST] DECEMBER 2021
ACTIVITIES REVIEW
The financial results are set out in the enclosed accounts.
The principal activity throughout the year under review was that of the advancement of the Christian faith and the extension of the Kingdom of God.
TRUSTEES AND CHURCH COUNCIL MEMBERS
The trustees and church council during the year were as follows:
David Samuel Fiddy
11 Dowse Road, Devizes, Wiltshire. SN10 3FN
Nicholas Rigby Herrod-Taylor
Crookwood Mill Farm, Stert, Devizes. SN10 3JA
Wendy Doreen Hodder
3A Castle Lane, Devizes, Wiltshire. SN10 1HJ
Caroline Reid
22 The Clock Inn Park, Lydeway, Devizes. SN10 3PP
STATEMENT
We certify that the books, vouchers and information produced to enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief.
SIGNED ON BEHALF OF THE TRUSTEES
Please print name: D S Fiddy
Date: 06 Apr 2022
Rock Community Church
Statement of Financial Activities for the year ended 31st December 2021
| Notes Unrestricted Funds 2021 £ Resources Arising Donations, Legacies and Similar 3a 32,087 Incoming Resources Income from Activities for 3b 0 Generating Funds Investment Income 3c 1 Other Incoming Resources 3d 16 Total Incoming Resources 32,104 Resources Used Direct Charitable Expenditure Grants Payable in Furtherance of 4a 945 the Charitable Objects Costs of Activities in Furtherance 4b 26,332 of the Charitable Objects Resources Expended on Managing 4c 535 and Administering the Charity Total Resources Expended 27,812 Net Movement in Funds 4,292 Fund Balances b/fwd at 01.01.21 197,681 Transfers Gains and Losses Building Valuation 0 Fund Balances c/fwd at 31.12.21 201,973 |
Restricted Total Total Funds 2021 31.12.21 31.12.20 £ £ £ 2,855 34,942 43,547 0 0 0 0 1 2 0 16 16 |
|---|---|
| 2,855 34,959 43,565 |
|
| 6,175 7,120 6,247 3,365 29,697 31,680 3,517 4,052 4,060 |
|
| 13,057 40,869 41,987 |
|
| (10,202) (5,910) 1,578 |
|
| 22,239 219,920 218,342 0 0 0 0 0 |
|
| 12,037 214,010 219,920 |
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| Rock Community Church | Rock Community Church | ||||
|---|---|---|---|---|---|
| Balance Sheet | Notes | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Fixed Assets | |||||
| Tangible Assets | 2 | 180,105 | 180,141 | ||
| 180,105 | 180,141 | ||||
| Current Assets | |||||
| Cash at Bank & In Hand | 6 | 40,603 | 51,138 | ||
| Creditors:amounts falling due within one year | 7 | 0 | 0 | ||
| Net Current Assets | 40,603 | 51,138 | |||
| Total Assetsless current liabilities | 220,708 | 231,279 | |||
| Creditors:amounts falling due in more than a | 8 | 6,698 | 11,359 | ||
| year | |||||
| Net Assets | 214,010 | 219,920 | |||
| Capital and Reserves | |||||
| Income Funds: | |||||
| General Fund | 201,973 | 197,681 | |||
| Designated Funds | 5 | 0 | 0 | ||
| Restricted Funds | 5 | 12,037 | 22,239 | ||
| 214,010 | 219,920 |
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Rock Community Church
Notes to the Accounts for the year ended 31st December 2021
1.Accounting Policies
(a) These accounts have been prepared on a accruals basis and include income which has been received or that is receivable at the year end.
(b) The recommendations of charities SORP have been followed in the preparation of these accounts.
| 2. Tangible Fixed Assets Equipment Cost 01-Jan-21 Revaluation Cost at 31-Dec-21 Depreciation 01-Jan-21 Charge Depreciation at 31-Dec-21 Net Book Value 31-Dec-21 Net Book Value 31-Dec-20 |
Church General Restricted 2021 Building Equipment Equipment Total £ £ £ £ 180,000 25,184 5,360 210,544 0 0 0 |
|---|---|
| 180,000 25,184 5,360 210,544 |
|
| 0 25,082 5,321 30,403 0 26 10 36 |
|
| 0 25,108 5,331 30,439 |
|
| 180,000 76 29 180,105 |
|
| 180,000 102 39 180,141 |
The annual committements under non-cancelling operating leases and capital committements are as follows: 31st December 2021 : None 31st December 2020 : None
LAS
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Notes to the Accounts for the year ended 31st December 2021 (continued)
| 3. Incoming Resources a) Donations, Legacies and Similar Incoming Resources Gifts and Donations 5 Gift Aid Donations Gift Aid Tax Rebate Visiting Ministers (Offerings) b) Income from Activities for Generating Funds Fund Raising c) Investment Income Bank Interest d) Other Incoming Resources Other Income Grants Total Incoming Resources |
Unrestricted Funds 2021 £ 28,374 3,420 293 0 32,087 0 0 1 1 16 0 16 32,104 |
Restricted Total Total Funds 2021 31.12.21 31.12.20 £ £ £ 2,855 31,229 36,385 0 3,420 4,355 0 293 2,807 0 0 0 |
|---|---|---|
| 2,855 34,942 43,547 |
||
| 0 0 0 |
||
| 0 0 0 |
||
| 0 1 2 |
||
| 0 1 2 |
||
| 0 16 16 0 0 0 |
||
| 0 16 16 |
||
| 2,855 34,959 43,565 |
LAS
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Notes to the Accounts for the year ended 31st December 2021 (continued)
| 4. Resources Expended a) Grants Payable in Furtherance of the Charitable Objects Overseas Mission Support Overseas Missions Projects Appeals UK & Local Evangelism Visiting Missionaries AoG Dues Other b) Costs of Activities in Furtherance of the Charitable Objects Salaries and Expenses Visiting Ministries Youth Little Acorns Lunch Club Insurance Structural Work / Maintenance Equipment Costs Legacy Fund Other c) Resources Expended on Managing and Administering the Charity Administration Utilities Mortgage Interest Depreciation Sundries Professional Fees Total Resources Expended |
Unrestricted Funds 2021 £ 0 0 0 0 0 945 0 945 26,133 30 0 0 0 0 0 0 0 169 26,332 64 0 0 26 0 445 535 27,812 |
Restricted Total Total Funds 2021 31.12.21 31.12.20 £ £ £ 5,500 5,500 4,400 0 0 0 0 0 0 75 75 280 0 0 0 0 945 967 600 600 600 |
|---|---|---|
| 6,175 7,120 6,247 |
||
| 0 26,133 25,618 0 30 0 0 0 0 5 5 94 5 5 105 592 592 612 2,283 2,283 4,883 0 0 0 480 480 0 0 169 368 |
||
| 3,365 29,697 31,680 |
||
| 0 64 45 2,205 2,205 2,020 738 738 1,023 10 36 47 103 103 200 461 906 725 |
||
| 3,517 4,052 4,060 |
||
| 13,057 40,869 41,987 |
LAS
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Notes to the Accounts
for the year ended 31st December 2021 (continued)
5. Designated & Restricted Funds
| 5. Designated & Restricted Funds | |||||||
|---|---|---|---|---|---|---|---|
| Balance | Income | Transfer | Expend | Balance | |||
| 01-Jan-21 | 31-Dec-21 | ||||||
| £ | £ | £ | £ | £ | |||
| Restricted Funds | |||||||
| Youth / Children | 258 | 0 | 0 | 0 | 258 | ||
| Little Acorns | 276 | 0 | 0 | 5 | 271 | ||
| Lunch Club | 664 | 0 | (250) | 5 | 409 | ||
| 1,198 | 0 | (250) | 10 | 938 | |||
| Restricted Funds | |||||||
| Missions | 10,114 | 50 | 3,208 | 6,175 | 7,197 | ||
| Building | 10,927 | 20 | 8,533 | 11,043 | 8,437 | ||
| 21,041 | 70 | 11,741 | 17,218 | 15,634 | |||
| 6. Cash at Bank and in Hand | |||||||
| 31-Dec-21 | 31-Dec-20 | ||||||
| £ | £ | ||||||
| Current Account | 33,599 | 44,134 | |||||
| Deposit Account | 3,672 | 3,672 | |||||
| Property Trust Account | 3,332 | 3,332 | |||||
| Cash in Hand | 0 | 0 | |||||
| 40,603 | 51,138 | ||||||
| 7. Creditors: Amounts Falling Due Within One Year | |||||||
| 31-Dec-21 | 31/12/20120 | ||||||
| £ | £ | ||||||
| Tax and National Insurance | 0 | 0 | |||||
| Independent Examiners Fees | 0 | 0 | |||||
| 0 | 0 | ||||||
| 8. Creditors: Amounts Falling Due In More Than One | Year | ||||||
| 31-Dec-21 | 31-Dec-20 | ||||||
| £ | £ | ||||||
| Assemblies of God Property Trust Mortgage | 6,698 | 11,359 | |||||
| 6,698 | 11,359 |
LAS
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Notes to the Accounts for the year ended 31st December 2021 (continued)
9. Staff Costs and Numbers
| 9. Staff Costs and Numbers | ||
|---|---|---|
| Gross Wages and Salaries Employer's National Insurance Costs (incl above) Pension Contributions (incl above) |
2021 £ 26,133 0 0 26,133 |
2020 £ 25,618 0 0 |
| 25,618 |
The Charity had 1 employee during the financial year.
No employees received emoluments of over £50,000. (2020: None)
The Charity operates payroll under a PAYE scheme.
10. Trustees and Other Related Parties
David Fiddy received payments during this financial period. David Fiddy is a trustee. The total cost during the year was £26,133
11. Risk Assessment
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they may face and confirm that they have established systems to mitigate the significant risks.
12. Reserves Policy
The trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial committements held. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.
The trustees have decided that sufficient funds will be set aside to cover building running costs during the financial year.
13. Missions
The trustees have taken the policy that 10% of the general income will be allocated to Missions during the financial year.
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ROCK COMMUNITY CHURCH
NEW PARK STREET
DEVIZES
WILTSHIRE
SN10 1DY
Registered Charity: 1050624
STATEMENT OF ACCOUNT
AND
INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2021
Luke Silver Accountancy & Taxation Services 12 Oliver Street Pontypridd Mid Glamorgan CF37 2RD
Mobile: 07710 456376
E-mail: luke-silver@puresilver.org.uk
Independent Examiner’s Report on the Accounts
Accruals Accounts
Report to the trustees/members of Rock Community Church
Registered Charity Number 1050624
On the accounts for the year ended 31[st] December 2021
Set out on the following pages
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity¹s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to: examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements
-
To keep accounting records in accordance with section 130 of the 2011 Act; and
-
• To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act Have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed L A Silver
Date: 1 March 2022
Luke Silver, HNC Business & Finance Accountancy Practitioner
12 Oliver Street, Pontypridd, Mid Glamorgan. CF37 2RD
Independent Examiners Report to the Trustees and Church Council
Introduction
Thank you for submitting the accounts for independent examination. They have been well maintained and the treasurer and others responsible are to be commended for their hard work.
Charity Law and Financial Regulations
The independent examination has been carried out in accordance with the Charities (Accounts and Reports) Regulations 1995 (Statutory Instruments No 2724) and the Accounting by Charities Statement of Recommended Practice (SORP).
Signing of Accounts
I shall be obliged if you will please forward a copy of the signature page for my records after the accounts have been signed by a representative appointed by the Trustees and Church Council. A spare copy is enclosed.
Conclusion
There are no other matters I feel need to be brought to your attention.
Please do not hesitate to contact me for further clarification or for further assistance.
Luke Silver
Date: 1 March 2022
ROCK COMMUNITY CHURCH
REPORT OF THE TRUSTEES AND CHURCH COUNCIL FOR THE YEAR ENDED 31[ST] DECEMBER 2021
ACTIVITIES REVIEW
The financial results are set out in the enclosed accounts.
The principal activity throughout the year under review was that of the advancement of the Christian faith and the extension of the Kingdom of God.
TRUSTEES AND CHURCH COUNCIL MEMBERS
The trustees and church council during the year were as follows:
David Samuel Fiddy
11 Dowse Road, Devizes, Wiltshire. SN10 3FN
Nicholas Rigby Herrod-Taylor
Crookwood Mill Farm, Stert, Devizes. SN10 3JA
Wendy Doreen Hodder
3A Castle Lane, Devizes, Wiltshire. SN10 1HJ
Caroline Reid
22 The Clock Inn Park, Lydeway, Devizes. SN10 3PP
STATEMENT
We certify that the books, vouchers and information produced to enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief.
SIGNED ON BEHALF OF THE TRUSTEES
Please print name: D S Fiddy
Date: 06 Apr 2022
Rock Community Church
Statement of Financial Activities for the year ended 31st December 2021
| Notes Unrestricted Funds 2021 £ Resources Arising Donations, Legacies and Similar 3a 32,087 Incoming Resources Income from Activities for 3b 0 Generating Funds Investment Income 3c 1 Other Incoming Resources 3d 16 Total Incoming Resources 32,104 Resources Used Direct Charitable Expenditure Grants Payable in Furtherance of 4a 945 the Charitable Objects Costs of Activities in Furtherance 4b 26,332 of the Charitable Objects Resources Expended on Managing 4c 535 and Administering the Charity Total Resources Expended 27,812 Net Movement in Funds 4,292 Fund Balances b/fwd at 01.01.21 197,681 Transfers Gains and Losses Building Valuation 0 Fund Balances c/fwd at 31.12.21 201,973 |
Restricted Total Total Funds 2021 31.12.21 31.12.20 £ £ £ 2,855 34,942 43,547 0 0 0 0 1 2 0 16 16 |
|---|---|
| 2,855 34,959 43,565 |
|
| 6,175 7,120 6,247 3,365 29,697 31,680 3,517 4,052 4,060 |
|
| 13,057 40,869 41,987 |
|
| (10,202) (5,910) 1,578 |
|
| 22,239 219,920 218,342 0 0 0 0 0 |
|
| 12,037 214,010 219,920 |
LAS
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| Rock Community Church | Rock Community Church | ||||
|---|---|---|---|---|---|
| Balance Sheet | Notes | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Fixed Assets | |||||
| Tangible Assets | 2 | 180,105 | 180,141 | ||
| 180,105 | 180,141 | ||||
| Current Assets | |||||
| Cash at Bank & In Hand | 6 | 40,603 | 51,138 | ||
| Creditors:amounts falling due within one year | 7 | 0 | 0 | ||
| Net Current Assets | 40,603 | 51,138 | |||
| Total Assetsless current liabilities | 220,708 | 231,279 | |||
| Creditors:amounts falling due in more than a | 8 | 6,698 | 11,359 | ||
| year | |||||
| Net Assets | 214,010 | 219,920 | |||
| Capital and Reserves | |||||
| Income Funds: | |||||
| General Fund | 201,973 | 197,681 | |||
| Designated Funds | 5 | 0 | 0 | ||
| Restricted Funds | 5 | 12,037 | 22,239 | ||
| 214,010 | 219,920 |
LAS
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Rock Community Church
Notes to the Accounts for the year ended 31st December 2021
1.Accounting Policies
(a) These accounts have been prepared on a accruals basis and include income which has been received or that is receivable at the year end.
(b) The recommendations of charities SORP have been followed in the preparation of these accounts.
| 2. Tangible Fixed Assets Equipment Cost 01-Jan-21 Revaluation Cost at 31-Dec-21 Depreciation 01-Jan-21 Charge Depreciation at 31-Dec-21 Net Book Value 31-Dec-21 Net Book Value 31-Dec-20 |
Church General Restricted 2021 Building Equipment Equipment Total £ £ £ £ 180,000 25,184 5,360 210,544 0 0 0 |
|---|---|
| 180,000 25,184 5,360 210,544 |
|
| 0 25,082 5,321 30,403 0 26 10 36 |
|
| 0 25,108 5,331 30,439 |
|
| 180,000 76 29 180,105 |
|
| 180,000 102 39 180,141 |
The annual committements under non-cancelling operating leases and capital committements are as follows: 31st December 2021 : None 31st December 2020 : None
LAS
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Notes to the Accounts for the year ended 31st December 2021 (continued)
| 3. Incoming Resources a) Donations, Legacies and Similar Incoming Resources Gifts and Donations 5 Gift Aid Donations Gift Aid Tax Rebate Visiting Ministers (Offerings) b) Income from Activities for Generating Funds Fund Raising c) Investment Income Bank Interest d) Other Incoming Resources Other Income Grants Total Incoming Resources |
Unrestricted Funds 2021 £ 28,374 3,420 293 0 32,087 0 0 1 1 16 0 16 32,104 |
Restricted Total Total Funds 2021 31.12.21 31.12.20 £ £ £ 2,855 31,229 36,385 0 3,420 4,355 0 293 2,807 0 0 0 |
|---|---|---|
| 2,855 34,942 43,547 |
||
| 0 0 0 |
||
| 0 0 0 |
||
| 0 1 2 |
||
| 0 1 2 |
||
| 0 16 16 0 0 0 |
||
| 0 16 16 |
||
| 2,855 34,959 43,565 |
LAS
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Notes to the Accounts for the year ended 31st December 2021 (continued)
| 4. Resources Expended a) Grants Payable in Furtherance of the Charitable Objects Overseas Mission Support Overseas Missions Projects Appeals UK & Local Evangelism Visiting Missionaries AoG Dues Other b) Costs of Activities in Furtherance of the Charitable Objects Salaries and Expenses Visiting Ministries Youth Little Acorns Lunch Club Insurance Structural Work / Maintenance Equipment Costs Legacy Fund Other c) Resources Expended on Managing and Administering the Charity Administration Utilities Mortgage Interest Depreciation Sundries Professional Fees Total Resources Expended |
Unrestricted Funds 2021 £ 0 0 0 0 0 945 0 945 26,133 30 0 0 0 0 0 0 0 169 26,332 64 0 0 26 0 445 535 27,812 |
Restricted Total Total Funds 2021 31.12.21 31.12.20 £ £ £ 5,500 5,500 4,400 0 0 0 0 0 0 75 75 280 0 0 0 0 945 967 600 600 600 |
|---|---|---|
| 6,175 7,120 6,247 |
||
| 0 26,133 25,618 0 30 0 0 0 0 5 5 94 5 5 105 592 592 612 2,283 2,283 4,883 0 0 0 480 480 0 0 169 368 |
||
| 3,365 29,697 31,680 |
||
| 0 64 45 2,205 2,205 2,020 738 738 1,023 10 36 47 103 103 200 461 906 725 |
||
| 3,517 4,052 4,060 |
||
| 13,057 40,869 41,987 |
LAS
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Notes to the Accounts
for the year ended 31st December 2021 (continued)
5. Designated & Restricted Funds
| 5. Designated & Restricted Funds | |||||||
|---|---|---|---|---|---|---|---|
| Balance | Income | Transfer | Expend | Balance | |||
| 01-Jan-21 | 31-Dec-21 | ||||||
| £ | £ | £ | £ | £ | |||
| Restricted Funds | |||||||
| Youth / Children | 258 | 0 | 0 | 0 | 258 | ||
| Little Acorns | 276 | 0 | 0 | 5 | 271 | ||
| Lunch Club | 664 | 0 | (250) | 5 | 409 | ||
| 1,198 | 0 | (250) | 10 | 938 | |||
| Restricted Funds | |||||||
| Missions | 10,114 | 50 | 3,208 | 6,175 | 7,197 | ||
| Building | 10,927 | 20 | 8,533 | 11,043 | 8,437 | ||
| 21,041 | 70 | 11,741 | 17,218 | 15,634 | |||
| 6. Cash at Bank and in Hand | |||||||
| 31-Dec-21 | 31-Dec-20 | ||||||
| £ | £ | ||||||
| Current Account | 33,599 | 44,134 | |||||
| Deposit Account | 3,672 | 3,672 | |||||
| Property Trust Account | 3,332 | 3,332 | |||||
| Cash in Hand | 0 | 0 | |||||
| 40,603 | 51,138 | ||||||
| 7. Creditors: Amounts Falling Due Within One Year | |||||||
| 31-Dec-21 | 31/12/20120 | ||||||
| £ | £ | ||||||
| Tax and National Insurance | 0 | 0 | |||||
| Independent Examiners Fees | 0 | 0 | |||||
| 0 | 0 | ||||||
| 8. Creditors: Amounts Falling Due In More Than One | Year | ||||||
| 31-Dec-21 | 31-Dec-20 | ||||||
| £ | £ | ||||||
| Assemblies of God Property Trust Mortgage | 6,698 | 11,359 | |||||
| 6,698 | 11,359 |
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Notes to the Accounts for the year ended 31st December 2021 (continued)
9. Staff Costs and Numbers
| 9. Staff Costs and Numbers | ||
|---|---|---|
| Gross Wages and Salaries Employer's National Insurance Costs (incl above) Pension Contributions (incl above) |
2021 £ 26,133 0 0 26,133 |
2020 £ 25,618 0 0 |
| 25,618 |
The Charity had 1 employee during the financial year.
No employees received emoluments of over £50,000. (2020: None)
The Charity operates payroll under a PAYE scheme.
10. Trustees and Other Related Parties
David Fiddy received payments during this financial period. David Fiddy is a trustee. The total cost during the year was £26,133
11. Risk Assessment
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they may face and confirm that they have established systems to mitigate the significant risks.
12. Reserves Policy
The trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial committements held. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.
The trustees have decided that sufficient funds will be set aside to cover building running costs during the financial year.
13. Missions
The trustees have taken the policy that 10% of the general income will be allocated to Missions during the financial year.
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