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2021-12-31-accounts

SEDGLEY COMMUNITY CHURCH

BILSTON STREET

DUDLEY

DY3 1JB

Registered Charity: 1052785

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 Sedgley Community Church

Registered Charity Number 1052785

On the accounts for the year ended 31 December 2021

Set out on the following pages

Respective responsibilities of trustees and examiner

The charity¹s 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 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

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

(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: 11 May 2022

Luke Silver HNC Business & Finance Accountancy Practitioner

12 Oliver Street, Pontypridd, Mid Glamrogan. CF37 2RD

Independent Examiners Report to the Trustees

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. Therefore I will keep my comments to a minimum.

Charity Law and Financial Regulations

The independent examination has been carried out in accordance with the Charities (Accounts and Reports) Act 2011 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. 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: 11 May 2022

SEDGLEY COMMUNITY CHURCH

REPORT OF THE TRUSTEES OF 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.

REACH ALL AGE GROUPS IN THE COMMUNITY AND BEYOND WITH THE GOSPEL AND TO SEE CHRIST FORMED IN THEM, PROMOTE DISCIPLESHIP AND DEVELOP GIFTING IN EACH INDIVIDUAL IN ORDER TO ENCOURAGE MINISTRY THAT WILL TEACH THE WORLD.

TRUSTEES

The trustees during the year were as follows:

Stephen Hyde

Stephen Goodall Andrew Bache

Joseph Ferris

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:

Date:

Sedgley Community Church

Statement of Financial Activities for the year ended 31st December 2021

Notes Unrestricted Designated Restricted Total Total
Funds Funds Funds
2021 2021 2021 31.12.21 31.12.20
£ £ £ £ £
Resources Arising
Donations, Legacies and Similar 3a 67,947 0 0 67,947 70,057
Incoming Resources
Investment Income 3c 0 0 0 0 0
Other Incoming Resources 3d 6,811 0 0 6,811 12,767
Ark of the Ministry 0 0 0 0 0
Total Incoming Resources 74,758 0 0 74,758 82,824
Resources Used
Direct Charitable Expenditure
Grants Payable in Furtherance of 4a 8,610 45 0 8,655 16,352
the Charitable Objects
Costs of Activities in Furtherance 4b 37,122 0 0 37,122 36,088
of the Charitable Objects
Resources Expended on Managing 4c 1,417 0 0 1,417 2,626
and Administering the Charity
Total Resources Expended 47,149 45 0 47,194 55,066
Net Movement in Funds 27,609 (45) 0 27,564 27,758
Fund Balances b/fwd at 01.01.21 585,693 0 0 585,693 557,935
Transfers 0 0 0 0 0
Gains and Losses Building Valuation 0 0 0 0 0
Fund Balances c/fwd at 31.12.21 613,302 (45) 0 613,257 585,693

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Sedgley Community Sedgley Community Church
Balance Sheet Notes 2021 2020
£ £ £ £
Fixed Assets
Tangible Assets 2 615,345 615,390
615,345 615,390
Current Assets
Debtors & Cash in Hand 5 43,109 34,093
Creditors:amounts falling due within one year 6 20,892 20,892
Net Current Assets 22,217 13,201
Total Assetsless current liabilities 637,562 628,591
Creditors:amounts falling due in more than a 7 24,305 42,898
year
Net Assets 613,257 585,693
Capital and Reserves
Income Funds:
General Fund 613,257 585,693
613,257 585,693

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Sedgley 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		 Land &
Building
£
615,089
615,089
0
0
0
615,089
615,089		 Fixtures,
2021
Fitting &
Equipment
Total
£
£
47,912
663,001
0
0
47,912
663,001
47,611
47,611
45
45
47,656
47,656
256
615,345
301
615,390

The annual committements under non-cancelling operating leases and capital committements are as follows: 31st December 2021 : None 31st December 2020 : None

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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
Weekly Offerings
Gift Aid Donations
Other Gifts
b) Investment Income
Bank Interest
c) Other Incoming Resources
HMRC Tax Reclaimed
Youth Tuck Shop
Outside Organisations
Total Incoming Resources		 Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2021
2021
2021
31.12.21
31.12.20
£
£
£
£
£
21,555
0
0
21,555
29,639
46,392
0
0
46,392
40,134
0
0
0
0
284
67,947
0
0
67,947
70,057
0
0
0
0
0
0
0
0
0
0
6,811
0
0
6,811
11,596
0
0
0
0
114
0
0
0
0
1,057
6,811
0
0
6,811
12,767
74,758
0
0
74,758
82,824

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Notes to the Accounts

for the year ended 31st December 2021 (continued)

4. Resources Expended
a) Support Costs
Mortgage Interest
Utilities
Insurance
Repairs & Maintenance
Equipment Costs
Depreciation
Other
b) Costs of Activities in Furtherance of the
Charitable Objects
Salaries and Expenses
Church Outreach
Youth Outreach
Monday Club / Keep Fit
Subscriptions
c) Resources Expended on Managing and
Administering the Charity
Administration
Professional Fees
Sundries
Total Resources Expended
5. Cash at Bank and in Hand
Cash at Bank & In Hand
HSBC Current Account
HSBC Monday Friendship Hour
HSBC Ark of the Ministry
Kingdom Bank Account
Debtors		 Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2021
2021
2021
31.12.21
31.12.20
£
£
£
£
£
2,300
0
0
2,300
3,603
2,529
0
0
2,529
3,721
951
0
0
951
919
442
0
0
442
3,406
612
0
0
612
4,223
0
45
0
45
53
1,776
0
0
1,776
427		 Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2021
2021
2021
31.12.21
31.12.20
£
£
£
£
£
2,300
0
0
2,300
3,603
2,529
0
0
2,529
3,721
951
0
0
951
919
442
0
0
442
3,406
612
0
0
612
4,223
0
45
0
45
53
1,776
0
0
1,776
427
8,610
45
0
8,655
16,352
32,975
0
0
32,975
29,992
3,114
0
0
3,114
5,060
23
0
0
23
26
0
0
0
0
0
1,010
0
0
1,010
1,010
37,122
0
0
37,122
36,088
892
0
0
892
700
525
0
0
525
525
0
0
0
1,401
1,417
0
0
1,417
2,626
47,149
45
0
47,194
55,066
31-Dec-21
£
0
42,978
0
0
131
0
43,109		 31-Dec-20
£
0
34,093
0
0
0
0
34,093

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Notes to the Accounts for the year ended 31st December 2021 (continued)

6. Creditors: Amounts Falling Due Within One Year

Kindgom Bank Property Trust Mortgage
Tax and National Insurance
Independent Examiners Fees		 31-Dec-21
£
20,892
0
0
20,892		 31-Dec-20
£
20,892
0
0
20,892

7. Creditors: Amounts Falling Due In More Than One Year

Kindgom Bank Property Trust Mortgage
8. Staff Costs and Numbers
Gross Wages and Salaries
Employer's National Insurance Costs (incl above)
Pension Contributions		 31-Dec-21
£
24,305
24,305
2021
£
32,975
0
0
32,975		 31-Dec-20
£
42,898
42,898
2020
£
29,992
0
0
29,992

The Charity had no employee's during the financial year.

No employees received emoluments of over £60,000. (2020: None)

The Charity operates payroll under a PAYE scheme.

Trustee’s Summary 2021

2021 continued to be a challenge as we began to rebuild our churches life and mission in a post covid world. Our commitment to streaming services and providing online teaching has continued and we have seen a consistent number of people taking advantage of this.

We have slowly begun to introduce face to face activities back into our weekly programme. This period of time has allowed us to review the effectiveness of activities and look at new ways of approaching our mission. The church has seen new people regularly attending.

Overall, the year has been a positive one. The church has continued to operate a hybrid model of online and reduced face to face gatherings. Reflecting back we have learnt some lessons about the purpose of our charity and how to engage with people.

Pastor Steve Hyde 0n behalf of the Trustees of Sedgley Community Church.

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