## **Sherwood Forest Community Church, Blidworth** ## **Trustees report for end of year 2020** We are a charity operating under the governing document ‘Model Constitution with Trust Deed for Local assemblies of God’ in Great Britain. Our Charity number is 1052610. We claim Gift Aid back from the Inland Revenue for valid donations under reference XN71038. The objects of the Sherwood Forest Community Church Charitable Trust are for the benefit of the public: - To advance the Christian faith in accordance with the Statement of Faith of Assemblies of God in such ways and in such parts of the United Kingdom or the world as the Church Council from time to time may think fit. - To relieve sickness and financial hardship and to promote and preserve good health by provision of funds, goods or services of any kind including through the provision of counselling and support in such parts of the United Kingdom or the world as the Church Council from time-to-time think fit; and - To advance education in such ways and in such parts of the United Kingdom or the world as the Church Council from time to time may think fit. The Church Trustees are: Glenn Tyers (Chair), Mark Himsworth (Treasurer), Margaret Ford (Secretary), Jill Johnson, John Bryant, Lynette Bryant, and Robert Rhodes. There has been no change in trustees for the period. ## Whose structure is: Eldership – who watch over the spiritual welfare of the church and its activities. Church Council – who meet quarterly as trustees (or more often if deemed appropriate) to consider all matters relating to the proper operation of the trust and its finances. Leadership/Ministry Team – who make all necessary arrangements for the day-today operation of the Church activities including the running of smaller group situations operating under the Church banner. The administration of the Church is operated from within this team. ## 2020 Activities – a brief report We have been unable to conduct an AGM using the 2020 figures having only signed them of recently. The AGM will be undertaken within the next month both in person and utilising the email list we hold for members to provide them with a presentation on the financial position of the trust and support given in the UK and across the world. The presentation will be circulated by Mark Himsworth (Trustee and Treasurer) ahead of the AGM and will include details of income and expenditure for the period and a summary of the position to date. The Church remains in a strong position financially. The Church’s vision for the future will be reaffirmed by Glenn Tyers (Chair of Trustees and Senior Leader) and is based around increasing our involvement in our local community. It is essential that the Church is approachable and that we become increasingly multi-generational and multi-cultural. Further emphasis as usual will be made about the importance of being a true Community Church and extending beyond our own boundaries. Following the outbreak of COVID-19 in March 2020 the mid-week group for the younger children in school years 5 and 6 was suspended. Jacob Yeomans the Children’s and Community worker who was paid for two days per week was placed on the Government’s furlough scheme. The Church has continued for much of the period to operate without a paid leader. However, Glenn Tyers, started to receive remuneration in September 2020 operating as the role of Senior Leader within the Church (and Chair of Trustees for the Charity). Glenn continues his own personal development through regular meetings with other local and national Church Leaders. Glenn has, as at 1/10/2020 resigned from his previous position and work for 3 days per week. He is currently studying to obtain his formal accreditation through the Assemblies of God. Sherwood Forest Community Church remains active with other local Churches with regular joint services held though these were suspended in 2020. As well as local activities, the Church supports several overseas projects financially and wherever possible people are normally encouraged to visit these projects to ensure a continuity in the links and accountability for foreign projects in using the money in the areas it is designated for. We receive regular communication with all projects supported. In summary, the Church continues with its vision of Expansion looking to both increase in numbers as we emerge from lockdown locally as well as seeing the beneficial effects we can have upon our local community. We will continue to develop works that encourage young people and young families to connect with the Church. The Church eldership has a desire to work to improve the local area through link ups with the local community groups. The Church leadership regularly emphasise that it sees the Church as full of the life of God being outworked within our communities at home and abroad. The Church is alive in the Word of God, actively pushing back darkness, and accelerating light into that darkness. The statement from previous years vision meetings on people coming into the Church being able to ‘find, fit and function’, continues to be restated as we look out into our community, and it is stressed the Church needs to help many to find a relationship with Jesus and for them to be part of God’s family to fit in and function in Church life. The leadership affirmed its links to the Assemblies of God denomination and to be an outward looking in its approach. 18[th] October 2021 SHERWOOD FOREST COMMUNITY CHURCH FIN#,NCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 SHERWOOD FOREST COMMUNITY CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Contsnts Page Contents Legal and Administrative Statement of the Trustee's Responsibilities for the Financial Statements Independent Examinerfs Report lo the Trustees of Sherwood Forest Community Church Stslemenls of Financial Activities Balan￿ Sheet Notes lo the Finanual Stslements 9t011 Tumaround Trading Account Appendix I T5Jrnaround Balance Sheet Appendix11 SHERWOOD FOREST COMMUNITY CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 LEGAL AND ADMINISTRATIVE DETAILS Trustees The Trustees who served during the year were as follows: M Himsworth" J Johnson J Bryant" L Bryant G Tyers" M Ford R Rhodes Indicates Propety Trust Holding Trustees Address of Charity Main Street Blidworth Mansfield Notts NG21 OPX Date of Registration of Charity 3 February 1996 Charity Number 1052610 Bankers National Westminster Bank plc PO Box 562 Nottingham NG12JH Independent Examiner CBR Accountancy South Church House 25-26 Market Pla Newark on Trent Notts NG24 1EA Activities The Sherwood Forest Community Church aim is the advan￿rnent 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 and other such charitable purposes and the furtherance of the charitable work of the Church. SHERWOOD FOREST COMMUNITY CHURCH STATEMENT OF THE TRUSTEE'S RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2020 The purpose of this statement is to disb'nguish the trustee's responsibilities for the financial statements from those of the Independent Examiner as stated in their reporL The Charities Act 1993 requires the Trustees to keep proper thx)ks of account with respect of the affairs of the charity, and to prepare ststements of account for each accounb'ng period consists'ng of a statement of the financial activities and a balan￿ sheet. The Trustees are also responsible for safeguarding the Charity's assets, and hence for taking reasonable steps for the prevents.on and detection of error, fraud and other irregularrties. In preparing the financial statements the Trustees are expectsd to . Select suitable accounting policies and apply them C￿s(stenty making Judgement and estimates that are reasonable and prudent . Follow the recommendations of The Chantjes Cornrr..tssv. of the accounting profession with regard to the form and CGnter.t of firaK43.. Staternents. or to disclose and explain any departures there from and Prepare the financial statements on an ongoing bas s if.iess ,t IS Inappropnate to assume that the Charity will be able to meet rts r)b•es Signed on behalf of the Trustees G Tyers Trknstee R Rhodes 11 October 2021 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHERWOOD FOREST COMMUNITY CHURCH FOR THE YEAR ENDED 31 DECEMBER 2020 We report on the financial statements of the Tfust for the year ended 31 December 2020, which are set out on page$ 5 to 11. RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND EXAMINER As the Charity's trustees are responsible for the preparation of the accounts, you consider that the audil requirement of section 43{21 of the Charities Act 1993 does not apply. 11 is our responsibility lo slate. on the basis of procedures specified in the General Directions given by The Charities Commissioners under section 43171 Ibl the Charities Act 1993, whether particular matter have come to OUT attention. BASIS OF INDEPENDENT EXAMINER'S REPORT Our examination was carried out in accordance with the Gerieral Directions given by The Charity Commissioners. An examination includes a review of the accounb.ng records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusu31 item5 or disclosures in the accounts, and seeking explanaty.ons from you as Trustees contsrning any such matters. The prO￿dureS undertaken do not Provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts. INDEPENDENT EXAMINER'S STATEMENT. In connectson with our examination, no matter has come lo our attentson.. Which gives us reasonable cause lo believe that in any material respect the requirement To keep accounting records in accordance with sects'on 41 of the Lkiarilleg Lt 1993., and To prepare accounts which accord with the accounting recordo and kn "cmply with the accounting ￿quI￿rnents of the Charities Act 1993 have not b•en mel" or To which, in our opinion, allenlion should be drawn in order to enable a proper understanding of the accounts to be reached. CBR Accountancy South Church House 26-26 Market Pla Newark on Trent Notts NG24 1EA 11 October 2021 SHERWOOD FOREST COMMUNITY CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020 Year onded 31 December 2020 2019 Unre8trlcted Re8tricted Funds Funds TOTAL INCOMING RESOURCES Collections Donations to Building Fund Gift Aid Room Hire Income Tax Refunds Charitable Trading Shops Miscellaneou5 Donations Inveslment In¢ome 10,433 10,433 41,205 300 35.835 353 23.251 19,400 20,899 98,233 270 18,795 10.ODO 11,868 1,177 98.233 270 18,795 10,000 11.868 1,192 15 TOTAL INCOMING RESOURCES 150,776 15 141937 SHERWOOD POAEST COMMUNITY CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020 Ymr •nql•d JI D•o•mb•r a020 Unr••trfct•d R••tflet•d Fund• Fund• TOTAL CHARITABLE expENOITURe 111I41ts+¥ wilhiii ihiii¢h ￿l•ry 12,23 18,ooa 11,07Jl 1,271 41,898 260 2,332 21,970 16.008 II IUiJh C4fft• 2.65 2,891 800 1,219 3,747 1,136 4,78J 787 15,S23 2.129 2.604 723 3,837 P41151￿11}I anQ Ouliftxh 4 1.8gii SL) 560 5 .'95 S,7Q5 1,092 1,118 7,790 J7,302 1,003 2.89?. R•lr•shm•ni¥ 8undfy EquTrpm•nl Pwth •p4I1• ¥nf.l woikn¥ Sl•lion•ry Ad¥•rtsi119 Sutsicriplwn* •nd MIK E Muloi Exp•nM• 1.115 T7 37 J02 I￿) 2 119? 2y?8 2.728 TQTAL ExpeNOITupe 128 036 118588 SHERWOOD FOREST COMMUNITY CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020 Year ended 31 December 2020 Unrestricted Restricted Funds Funds TOTAL 2019 NET MOVEMENT IN FUNDS 23.941 15 23,956 25,347 FUND BALANCES BROUGHT FORWARD 296,177 339,448 635,625 622.767 TURNAROUND RESERVES MOVEMENT 13,6801 13,6801 {12.4901 TRANSFER OF FUNDS 1751 75 FINAL FUND BALANCES 316 363 339,538 655,901 635,624 SHERWOOD FOREST COMMUNITY CHURCH BALANCE SHEET AS AT 31 DECEMBER 2020 Year ended 31 December 2020 2019 Unrestricted Restrlcted Funds Funds TOTAL TANGIBLE FIXED ASSETS 27,210 320,174 347,384 350,112 CURRENT ASSETS Turnaround Assets Short Term Investments 27,097 262,056 27.097 281,420 30.777 254,735 19.364 Total Current Assets 289,153 19,364 308,517 285,512 LIABILITIES Loans Amounts due within one year NET CURRENT ASSETS 289,153 19,364 308,517 285,512 TOTAL ASSETS LESS CURRENT LSABILITIES 316.363 339,538 655,901 635.624 LONG TERM LIABILtTIES NET ASSETS 316,363 339,538 655,901 635,624 TOTAL FUNDS 316,363 339,538 655.901 635,624 Approved by the Board of Trustees on 17 October 2021and signed on their behalf by.. G Tyers Trustee R Rhodes Trustee SHERWOOD FOREST COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS AS AT 31 DECEMBER 2020 1. ACCOUNTING POLICIES BASIS OF PREPARATION The accounts have been prepared under the Historical Cost Convention and in ac¢ordance with the Statement Of Recommended Praclise on Accounting By Charities. CHANGE OF BASIS There has been no changes in the valuation rule5 and the methods of accounting since last year, CHANGES IN PREVIOUS ACCOUNTS There have been no changes lo the prèvious years accounts. DEPRECIATION Depreciation 15 calculated to write down the cost of assets over their estimated useful lives. The Tales are a5 follows . Furniture. Fittings and Equipment Freehold Land and Buildings 250/0 Reducing Balan Nil Provided INTEREST RECEIVED Deposit account interest Is received gross and is credited on a receivable basis. FIXED ASSETS Assets purchased by the Trust during the year are shown al cost. TAXATION The Charity was exempl from all charges to direct laxalion during the year under review and any indirect taxation is paid as part of the cost of the particular expenses incurred. UNRESTRICTED RESERVES The Charity have accepted a policy that it will not hold more than ￿entY percent of its annual income, for undesignaled purposes. 2. TRUSTEES During the year the following remuneration was paid to the Irustpes a followe Name 2020 2019 J Johnson M Himsworth G Tyers 2,OiJo 2,333 12,747 3,500 18.451 15.080 SHERWOOD FOREST COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 3. EXPENDITURE INDEPENDENT EXAMINER'S FEES The fees paid lo Ihe independent Examiner were as follows-. 2020 2019 Examination Fees Qlher Fees 4. FUNDS Namg of Fund Type of fund Purpose of Fund Building Fund Restncled To receive income specifically for the PUTchase ol, building and mairilenance of the church building The movement on these funds aTe shown in the Financtal Activities Statement. 5. INVESTMENTS The short term investment held by the charity consist of monies held in reserve bank accounts. These accounts requi￿ no notice lo be given for withdrawal. 2020 Unrestricted Restrictèd Funds Funds 2019 Totsl Reserve Account Building Fund Reserve Account Buildin9 Fund Prop Inv Account 262.056 262,056 235,461 17.364 17,274 2.000 2,000 17.364 2.000 262.056 19,364 281,420 254,735 10 SHERWOOD FOREST COMMUNI￿ CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 6. TANGIBLE FIXED ASSETS Freehold Property Fixtures Fittings & Equip. TOTAL Cost or Valuation 31 Decembef 2019 339.201 95,817 435,018 Addi+ions D15posals Al 31 Decembei 2020 339,201 95 817 435.018 Depreciatlon Al 31 December 2019 84.906 Di5posaLs Charge for the year 2728 2,728 At 31 December 2020 87,634 Net Book Value Al 31 December 2020 339,201 347 384 Al 31 December 2019 339,201 10 9t1 350 112 Depreciation Rale NIL provided Reduung Baianie 7. TURNAROUND SHOP The charity has a trading division of a shop selling donated goods. The result8 can be found In appendix l and11 APPENDIX I SHERWOOD FOREST COMMUNITY CHURCH STATEMENT OF FINANCIAL ACTIVITIES TURNAROUND FOR THE YEAR ENDED 31 DECEMBER 2020 2020 2019 Trading Income Trading Income 13,271 21,356 Contribution to Overheads 13,271 21,356 Interest Recelved 23 61 Overheads Rent and Rates Insurances Light and Heat Shop Refitting Costs Repairs and Renewals Sundry Expenses 5,587 598 463 5,959 811 661 6,279 291 119 264 62 6,974 14,120 Excess IncGme. Over ExpLinditure 6.320 7,297 APPENDIX I SHERWOOD FOREST COMMUNITY CHURCH STATEMENT OF FINANCIAL ACTIVITIES TURNAROUND FOR THE YEAR ENDED 31 DECEMBER 2020 2020 2019 Excess Income Over Expenditure 6J20 7,297 Gifts- Church External Gifts 19.000) (1,000) {14 400) 15,387} (Deficill Surplus for the year 3.6801 {12.490} APPENDIX 11 SHERWOOD FOREST COMMUNITY CHURCH TURNAROUND BALANCE SHEET AS AT 31 December 2020 2020 2019 Current Assets Bank Cash 27,067 30 30.747 Total assets 27.097 30,777 Represented By- Balan￿ at 31 December 2019 30,777 43.267 Surplus {Deficill for the year Balance al 31 December 2020 13,680) 112,4901 27,097 30,777 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHERWOOD FOREST COMMUNITY CHURCH FOR THE YEAR ENDED 31 DECEMBER 2020 We report on the financial stslemenls of the Trust for the year ended 31 December 2020, which are sel out on pages 5 to 11. RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND EXAMINER As the Charity's trustees are responsible for the preparation of the accounts. you consider that the audit requirement of section 43121 of the Charities Act 1993 does not apply. 11 is our responsibility lo state. on the basis ol procedures specified in the General Directions given by The Charities Commissioneis under section 43171 Ibl the Charities Act 1993. whether particular matter have come to our allenlion. 8ASIS OF INDEPENDENT EXAMINER'S REPORT Our examination was carried out in accordance with the General Directions given by The Charity Commissioners. An examination includes a review of the accounting records kejt by t￿e Charity and a Comparison of the accounts presented with those records. 11 also InclLdes %•onsideration of any unusual items or disclosures In the accounts, and seeking explanatrciDS 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 we do not express an akndit opinitsn on the view oiven by the accounts. INDEPENDENT EXAMINER'S STATEMENT. In connection with our examination, no marter has come lo our attenthon. Which gives us reasonable cause to believe that in any matenal respect Ihe requirement To keep accounting records in accordance with section 41 of the Charities Act 1993", and To prepare accounts which accord with the accountin9 Tecords and to comply with the 8ccountin9 reqU1￿Ments of the Charities Act 1993 have not been met." or To which, in our opinion, attention should be drawn in order lo enable a proper understsnding of Ihe accounts to be reached CBR Accountancy South Church House 26-26 Market Place Newark on Trent Notts NG24 1 EA 11 Octrjber 2021