## **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
- 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: 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 Assets**less 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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