Solid Rock Havercroft
Charity number 1051965
Annual Report and Financial Statements for the year ended 31 December 2020
Solid Rock Havercroft
Annual Report and Financial Statements for the year ended 31 December 2020
| Contents | Page |
|---|---|
| Trustees' report | 2 to 4 |
| Examiner's report | 5 |
| Receipts and payments account | 6 |
| Statement of assets and liabilities | 7 |
| Notes to the accounts | 8 to 10 |
Prepared by West Yorkshire Community Accounting Service
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Solid Rock Havercroft
Trustees' report for the year ended 31 December 2020
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Business Management Pastor Zac Zachariah Chair Carol Mastin Treasurer Doug Williams Holding Trustees Pastor Zac Zachariah Chair Carol Mastin Colin Wilkins
Charity number
The charity was registered with the Charity Commission for England and Wales, number 1051965, on 15 January 1996.
Principal address
Bethan Court Cow Lane Havercroft Wakefield WF4 2HQ
Bankers
The Royal Bank of Scotland The Co-operative Bank plc 13 Church Street PO Box 250 Barnsley Skelmersdale S70 2TB WN8 6WT Kingdom Bank Ltd Ruddington Fields Business Park Mere Way Ruddington Nottingham NG11 6JS
Accountants
West Yorkshire Community Accounting Service Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is governed by a trust deed dated 19 November 1993 and as amended 2 January 2001 and 11 July 2017.
Method of recruitment and appointment of trustees
Business Management: Minister for the time being with the duly appointed or elected leaders of the church.
Holding Trustees: Appointed by Business Management.
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Solid Rock Havercroft
Trustees' report (continued) for the year ended 31 December 2020
Objectives and activities
The charity's objects
The advancement of the Christian Religion by the proclamation and furtherance of the Gospel of God concerning His Son Jesus Christ the Lord and the preaching and teaching of the Word of God by the Church in accordance with the Statement of Fundamental Truths of Assemblies of God in Great Britain and Ireland as approved by the General Council from time to time.
The charity's main activities
Our Vision: To Exalt God, Equip People & to Excel Life-To provide for a group of Christians who worship in Havercroft West Yorkshire Promoting the Gospel of God, concerning His Son Jesus Christ the Lord. Church meetings are held every Sunday morning and evening with Sunday school for children, Thursday is Bible Study and prayer meetings.
We aim to reach the community of Havercroft by serving them through our projects Coffee shop, Charity Shop, Drop In for mums, dads and grandparents, we open Monday to Thursday 9-12, in the Coffee Shop we serve a selection of tea and coffees and toast is available, four times a year we do a special full English breakfast, also our Lunch-In Club which operates on the first Friday of each month for the over 50s continues to be popular.
Public benefit statement
In setting our objectives and planning our activities our trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of religion. Our vision statement declares WE EXHALT GOD, EQUIP PEOPLE AND EXCEL IN LIFE.
Achievements and performance
Ministry within the Church
During 2020 Pastor Zac has been our main minister leading our Sunday services with worship and Gods Word, we have gathered in church when it has been safe to do so taking into account the covid restrictions and lock downs times, our services were also aired on zoom, we have maintained our prayer meetings mainly on zoom. Membership maintained except for 2 deaths. (Associate Pastor Jincy was on Maternity leave up to end of July and furloughed November and December).
We have 5 accounting funds, General, Missions, Charity Shop, Coffee Shop, and Building Fund. Our Reserves Policy is Included in our General Fund Total, we have set a low figure of £6,000 and a high figure of £9,000 and during 2020 have not dropped below our low figure. Both our Charity Shop and Coffee Shop were closed from 18 March 2020 to 12 April 2021, due to donations both funds ending with a positive balance. We continue to thank GOD for His Faithfulness and provision, we also continue to use the services of WYCAS to help ensure that our yearly accounts comply fully with Charity Commission requirements.
Church Building
Last September we celebrated our 11th year in the new building, during this year we had some storm damage to our church tower, our insurance policy covered the repair cost, we also secured a grant from WMDC to upgrade our disability entrance to the church. We continue to be a venue for the Polling Stations, Local Councillors Surgery and local Scouts/Beavers which closed last March but are opening again as from 12 April 2021.
Ministry within the community
From January to 18 March 2020 we were able to run our projects.
Charity shop Project
We opened four mornings a week where our regulars enjoy the opportunity to have a chat over a cup of tea or coffee with option of toast, opportunities to minister to those in need, the shop is well known for its bargains and customers love to browse and buy. The income from Charity shop uses to support specific needs and that the church council agrees warrant such support.
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Solid Rock Havercroft
Trustees' report (continued) for the year ended 31 December 2020
Achievements and performance (continued)
Drop in Projects
Runs alongside our Charity Shop and Coffee Shop projects four mornings a week term times. We provide a secure and safe environment for mums and dads to bring their toddlers, and can meet and engage with others from the community,
Coffee Shop Project
Runs alongside our Charity Shop and Drop In, great selection Barista coffee or tea, we serve toast. (normally breakfast x 4 during the year, not able to do this year). We use Food Hygiene qualified workers.
Lunch In Club Project
First Friday in February was our one and only lunch this year, it was very successful and enjoyed by one and all, we have certified level 5 for Food and Hygiene qualified workers, our Food Hygiene rating level is 5 Star
School Assembly
We were able to complete school assemblies led by Pastor in the Havercroft School, these were well received.
Foodbank
We continued to support and facilitate anyone who had need of a foodbank within our community. Donations were collected to help with this service.
After 18 March, All our projects closed, the Church remained available for the community for prayer and support. Throughout the lockdown periods, we were able to see many of our extended family join us on zoom and one young man in particular from the community who gave his life to the Lord, due to his ailments passed away a few months later. We had many contacts for the foodbank and were able to facilitate their needs. Our School assembly team put together videos for the school to use.
Financial review
Net payments for the year were £325, including net receipts of £4,463 on unrestricted funds, net payments of £4,992 on designated funds and net income of £204 on restricted funds (after transfers).
Reserves policy
The charity's free cash reserves at the year end (including designated funds), were £14,783.
The reserves policy has been set at the charity looking to maintain a minimum of £6,000 and a maximum of £9,000.
Signed on behalf of the board of trustees on 12/07/2021
PASTOR ZAC ZACHARIAH (Trustee)
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Solid Rock Havercroft
Independent examiner's report to the trustees of Solid Rock Havercroft
I report to the charity trustees on my examination of the accounts of the Trust for the year ended 31 December 2020, which are set out on pages 6 to 10.
Responsibilities and basis of report
As the charity trustees 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 as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Whilst an independent examination is not required under section 145 of the Act, the trustees have opted for this type of scrutiny.
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 charity as required by section 130 of the Act; or 2 the accounts do not accord with those records.
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.
Stephen Procter
13/07/2021
West Yorkshire Community Accounting Service
Stringer House 34 Lupton Street Leeds LS10 2QW
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Solid Rock Havercroft
Receipts and payments account
for the year ended 31 December 2020
| Notes 2020 2020 Unrestricted Designated funds funds £ £ Receipts Tithes and offerings (2) 7,637 - Grants and donations 12,535 3,546 Gift Aid claimed 3,487 - Insurance claim - - Room hire 840 - Other income 4,766 - Bank interest 10 - Total receipts 29,275 3,546 Payments Ministers salary costs (3) 24,498 - Other ministry costs 130 - Utilities 3,057 - Missions - - Administration 1,332 - Charity shop expenses - 599 New building costs - - Independent examination 444 - Drop In - 2,782 Sundries 508 - Total payments 29,969 3,381 (694) 165 Transfers between funds 5,157 (5,157) Net movement in funds after transfers 4,463 (4,992) Cash fund balances brought forward 4,552 10,760 Cash fund balances carried forward (4) 9,015 5,768 Net receipts / (payments) |
2020 Restricted funds £ - 6,750 - 6,000 - - - 12,750 - - - 2,256 - - 10,290 - - - 12,546 204 - 204 812 1,016 |
2020 Total funds £ 7,637 22,831 3,487 6,000 840 4,766 10 45,571 24,498 130 3,057 2,256 1,332 599 10,290 444 2,782 508 45,896 (325) - (325) 16,124 15,799 |
2019 Total funds £ 11,284 21,792 4,194 - - 1,941 37 39,248 26,009 1,907 4,764 2,881 996 856 1,030 420 4,573 610 44,046 (4,798) - (4,798) 20,922 16,124 |
|---|---|---|---|
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Solid Rock Havercroft
Statement of assets and liabilities
as at 31 December 2020
| 2020 2020 Unrestricted Designated Cash funds £ £ RBS current account - - RBS Gold deposit account - - Co-operative bank 8,856 5,768 Kingdom Bank 159 - Total cash funds 9,015 5,768 Other monetary assets Gift Aid (Nov-Dec 2019) |
2020 Restricted £ - - 1,016 - 1,016 |
2020 Total £ - - 15,640 159 15,799 £ 505 505 |
2019 Total £ 50 15,915 - 159 16,124 |
|---|---|---|---|
Assets retained for the charity's own use
A report and valuation of the property at Bethan Court, Cow Lane, Havercroft, Wakefield, WF4 2HQ was performed by Abraxas Chartered Surveyors on the 16th June 2009. In their opinion the market value of the property when fully completed, freehold and with the benefit of vacant possession and with no significant restrictions as to its usage, is a sum in the region of £275,000.
Other assets
Computer, printer and laptop Keyboar Mixer, speaker, projector and stage lights Cooker and hob (x2) and other kitchen equipment Chairs, tables and other furniture
The charity keep a full inventory of all equipment.
| Liabilities Utilities Independent examination |
£ 33 450 483 |
|---|---|
Approval of the accounts
The financial statements were approved by the board of trustees on 12/07/2021
PASTOR ZAC ZACHARIAH (Trustee)
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Solid Rock Havercroft
Notes to the accounts
for the year ended 31 December 2020
1 Accounting policies
Basis of accounting
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
Taxation
As a registered charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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Solid Rock Havercroft
Notes to the accounts continued
for the year ended 31 December 2020
| 2 Grants and donations New building fund Mission fund Drop in Charity shop Reserve fund Other grants and donations 3 Staff costs Gross salaries Social security costs Employment allowance Pensions 4 Restricted funds New building fund Mission fund |
2020 Unrestricted funds £ - - - - - 12,535 12,535 Balance b/f £ 209 603 812 |
2020 Designated funds - - 1,537 2,009 - - 3,546 Incoming £ 11,076 1,674 12,750 |
2020 Restricted funds £ 5,076 1,674 - - - - 6,750 Outgoing £ 10,290 2,256 12,546 |
2020 Total funds £ 5,076 1,674 1,537 2,009 - 12,535 22,831 2020 £ 26,680 (1,410) (1,177) 405 24,498 Transfers £ - - - |
2019 Total funds £ 718 2,372 4,054 3,679 360 10,609 21,792 2019 £ 25,901 880 (1,177) 405 26,009 Balance c/f £ 995 21 1,016 |
|---|---|---|---|---|---|
Fund name
Purpose of restriction
New building fund To provide funds for the new building and the Coffee Shop project. Mission fund To support missionary work.
| Designated funds Drop in Charity shop Reserve fund |
Balance b/f £ 3,730 4,930 2,100 10,760 |
Incoming £ 1,537 2,009 - 3,546 |
Outgoing £ 2,782 599 - 3,381 |
Transfers £ - (3,057) (2,100) (5,157) |
Balance c/f £ 2,485 3,283 - 5,768 |
|---|---|---|---|---|---|
Fund name
Purpose of restriction
Drop in To provide children's related activities. Charity shop Charity shop to raise funds beneficial to the local community and to provide one-off donations in situations of real need as determined by the Church Council.
Reserve fund
A regular contribution is made in to a reserve fund with the aim of holding three months expenditure in reserve.
Transfer of funds
The organisation maintains separate funds but any shortfall in general and mission funds is met from the Charity shop and Drop in funds.
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Solid Rock Havercroft
Notes to the accounts continued
for the year ended 31 December 2020
5 Trustee remuneration and benefits
In line with the trust deed the minister, who is paid for his ministerial services, is chair of the Church Council.
| Salary, NIC and pension Travel and accommodation (included in 'other ministry costs') |
2020 £ 17,120 - 17,120 |
2019 £ 17,120 428 17,548 |
|---|---|---|
There were no related party transactions during the year other than the payment of minister's salary and expenses as noted above.
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