ETERNITY CHRISTIAN CENTRE NORWICH
ANNUAL REPORT
FOR THE YEAR ENDED 5 APRIL 2022
| INDEX TO ACCOUNTS | |
|---|---|
| Page | |
| Legal and Administrative Details | 1 |
| Trustees’ Report | 2 - 3 |
| Independent Examiner’s Report | 4 |
| Receipts and Payments Accounts | 5 |
| Statement of Assets and Liabilities | 6 |
| Notes to the Accounts | 7 - 8 |
ETERNITY CHRISTIAN CENTRE NORWICH
LEGAL AND ADMINISTRATIVE DETAILS
CHARITY REGISTRATION NUMBER 1054416
FOR THE YEAR ENDED 5 APRIL 2022
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Address of Charity
Registered address: 171 Earlham Green Lane Norwich NR5 8RF
Tel: Norwich (01603) 457774
Trustees
Rev P A Venner (Chairman) Mrs J Venner Mr A Kpodo Mrs P Kpodo Mr D Devadoss
Treasurer
Mrs J Venner
Bankers
HSBC 18 London Street Norwich Norfolk NR2 1LG
Reporting Accountants
Adrian Smith Accountants Ltd 61 Freeland Close Thorpe Marriott Norwich Norfolk NR8 6XR
Page 1
ETERNITY CHRISTIAN CENTRE NORWICH
TRUSTEES’ REPORT
FOR THE YEAR ENDED 5 APRIL 2022
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The trustees submit their report together with the financial statements for the year ended 5 April 2022.
Constitution and objects
Eternity Christian Centre Norwich (also formerly known as Earlham (Norwich) Christian Centre) was founded in 1991, the governing constitution adopted on 29 September 1993 and became registered as a charity on 9 April 1996 (registration number 1054416). The objectives of the charity are as follows:
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(i) 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 Essential Doctrines and Articles of belief of Assemblies of God in Great Britain and Ireland as approved by the General Council from time to time (the Doctrines and Articles).
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(ii) The furtherance of the other charitable work of the Church consistently with the Doctrines and Articles.
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(iii) The furtherance of the work of Assemblies of God in Great Britain and Ireland and the promotion of the spiritual teaching and the maintenance of the Doctrines and Articles and the promotion of religious observances that manifest such Doctrines and Articles.
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(iv) Such other charitable purposes as shall further the attainment of the above objects of the Church or any of them.
Organisation
The trustees who have served during the year and since the year end are set out on page 1.
Review of activities and results
This financial year started with England in a national lockdown once again and these restrictions were slowly eased from May 2021 onwards. Church in-person meetings remained closed at the opening of the year and we continued to operate online. In-person services resumed on Sunday 17[th] May 2021 with our ‘Homecoming Service’ and have continued since then. It has once again been a challenging year for Eternity Church as we navigated coming out of another lockdown and started to slowly resume normal life after the coronavirus pandemic. By the end of this financial year we have returned to a fairly normal state of social interaction and in-person meetings, activities, etc.
We have had a fair number of people not return to in-person meetings but have also had a large amount of new families and students join since the summer of 2021. By Spring 2022 Church services were once again full and people are engaging in the life of the church.
We have continued to pre-record and stream an Online Church Service as there is still demand and the trustees felt that it is now a permanent part of our local and global outreach. We will continue to evaluate the effectiveness of this.
The increase in people attending has not translated into an increase in donations received but God has been faithful. While our income remains lower than previous years we have been able to meet all of our financial obligations and continue to support missionaries and various ministries. The monies in our savings account has helped in those months when cashflow has been stretched.
Our children’s work re-opened in September 2021 at the church premises and continues to function well.
Fuel, the Students Group has continued to meet. We have a large group of students in the congregation who engage with the life of the church.
We still do not run the Parent/Toddler Group due to a lack of volunteers.
Page: 2
ETERNITY CHRISTIAN CENTRE NORWICH
TRUSTEES’ REPORT (Continued)
FOR THE YEAR ENDED 5 APRIL 2022
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Connect Groups continued online for the most part, people being nervous to meet in-person in each other’s homes. However, by the end of this year, as we move towards Spring 2022, people are more confident and starting to meet in homes again.
Discipleship School was successfully run online again during the year. This format has been very successful and will continue for the foreseeable future.
Freehold property
The freehold premises, Eternity Christian Centre Norwich, Earlham Green Lane, Norwich, is owned by the Church, with Assemblies Of God Property Trust as the holding trustee. A professional survey and commercial valuation value of the property was last attained in 2019.
Risk Management
The trustees monitor risks on an ongoing basis, this includes identifying the likelihood of risk events occurring and their possible impact on the charity. They consider how the current systems of internal control might be further enhanced to mitigate major risks.
Reserves Policy
Where possible and feasible, it is the charity’s policy to maintain unrestricted funds in savings that equate to 2 or 3 months of anticipated resources expended. At this level the trustees feel that they would be able to continue the current activities of the charity in the short term, in the event of a significant drop in funding.
Rev P A Venner Chairman
_________ Rev A Kpodo Trustee
Page: 3
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF
ETERNITY CHRISTIAN CENTRE NORWICH
FOR THE YEAR ENDED 5 APRIL 2022
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We report on the accounts of the charity for the year ended 5th April 2022, which are set out on pages 5 to 9.
Respective responsibilities of trustees and examiner
As the charity’s trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43 (7)(b) of the Act, whether particular matters have come to our attention.
Basis 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 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 we do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In connection with our examination, no matter has come to our attention:
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1) which gives us reasonable cause to believe that in any material respect the
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requirements
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to keep accounting records in accordance with section 41 of the 1993 Act; and
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to prepare accounts which accord with the accounting records and to comply with the accounting
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requirements of the Act
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have not been met; or
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2) to which, in our opinion, attention should be drawn in order to enable a proper undertaking of the accounts to be reached.
Adrian Smith Accountants Ltd 61 Freeland Close Thorpe Marriott Norwich Norfolk NR8 6XR
Page: 4
| ETERNITY CHRISTIAN CENTRE NORWICH | |||||
|---|---|---|---|---|---|
| RECEIPTS AND PAYMENTS ACCOUNTS | |||||
| FOR THE YEAR ENDED 5 APRIL 2022 | |||||
| _______________ | |||||
| General Fund | Total | Total | |||
| (Unrestricted) | (Restricted) | 2022 | 2021 | ||
| Notes | |||||
| Income Receipts | |||||
| Donations,legacies and other similar receipts | 2 | £93,605 | £24 | £93,629 | £106,743 |
| Operatingactivities | 3 | £0 | £0 | £0 | £20,775 |
| Investment Income | £0 | £0 | £0 | £8 | |
| Total receipts | £93,605 | £24 | £93,629 | £127,526 | |
| Resources expended | |||||
| Charitable activities | 4 | £100,642 | £24 | £100,666 | £106,846 |
| Management and Administration | 5 | £5,059 | £0 | £5,059 | £4,744 |
| Totalpayments | £105,701 | £24 | £105,725 | £111,590 | |
| Net receipts/(payments)for | |||||
| thisyear | -£12,096 | £0 | -£12,096 | £15,936 | |
| Cash and bank balances at | |||||
| 5 April 2021 | £8,250 | £27,148 | £35,398 | £19,462 | |
| Cash and bank balances at | |||||
| 5 April 2022 | -£3,846 | £27,148 | £23,302 | £35,398 | |
| Page 5 |
| ETERNITY CHRISTIAN CENTRE NORWICH | ||||
|---|---|---|---|---|
| STATEMENT OF ASSETS AND LIABILITIES AT 5 APRIL 2022 | ||||
| ______________ | ||||
| Monetary Assets | 2022 | 2021 | ||
| General Fund | ||||
| Bank and cash balances | ||||
| Bank current account | £8,310 | £4,489 | ||
| Savings Account | £14,992 | £30,909 | ||
| Total cash and bank balances at 5 April 2021 | £23,302 | £35,398 | ||
| Other assets | ||||
| Church building- owned bythe charity- Assemblies of God Property | ||||
| Trust are the holdingTrustees. | £825,000 | £825,000 | ||
| Furniture and equipment in Church building (costs unknown) | ||||
| Liabilities | ||||
| General Fund | £ NIL | £ NIL | ||
| Page: 6 |
| ETERNITY CHRISTIAN CENTRE NORWICH | ETERNITY CHRISTIAN CENTRE NORWICH | ||||
|---|---|---|---|---|---|
| NOTES TO THE ACCOUNTS | |||||
| YEAR ENDED 5 APRIL 2022 | |||||
| ___________ | ________ | ||||
| 2 | Donations, Legacies and other similar receipts | ||||
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | 2022 | 2021 | ||
| General Fund | |||||
| General Offerings | £35,873 | £0 | £35,873 | £27,196 | |
| Gift Aided Offerings | £46,165 | £0 | £46,165 | £63,089 | |
| Gift Aid Refund | £11,565 | £0 | £11,565 | £16,457 | |
| Interest Received | £2 | £0 | £2 | £0 | |
| Special Offerings | £0 | £24 | £24 | £0 | |
| Missions | £0 | £0 | £0 | £0 | |
| £93,605 | £24 | £93,629 | £106,743 | ||
| Operating activities to further Charity’s objects | |||||
| 3 | Unrestricted | Restricted | Total | Total | |
| Funds | Funds | 2022 | 2021 | ||
| General Fund | |||||
| EternityDownham Market - contribution to staff | £0 | £0 | £0 | £4,683 | |
| Training | £0 | £0 | £0 | £90 | |
| Sundries | £0 | £0 | £0 | £16,003 | |
| £0 | £0 | £0 | £20,775 | ||
| Page: 7 |
| ETERNITY CHRISTIAN CENTRE NORWICH | ETERNITY CHRISTIAN CENTRE NORWICH | ||||
|---|---|---|---|---|---|
| NOTES TO THE ACCOUNTS(CONTINUED) | |||||
| YEAR ENDED 5 APRIL 2022 | |||||
| ________ | ____________ | ||||
| 4 | Charitable activities | Unrestricted | Restricted | Total | Total |
| Funds | Funds | 2022 | 2021 | ||
| General Fund | |||||
| Bank Charges | £249 | £0 | £249 | £237 | |
| Catering (Supplies & Food) | £619 | £0 | £619 | £192 | |
| Centre Maintenance and RunningCosts | £4,000 | £0 | £4,000 | £7,549 | |
| Cleaning | £3,088 | £0 | £3,088 | £1,120 | |
| Computer Software,Consumables and Website Costs | £1,131 | £0 | £1,131 | £1,046 | |
| Equipment & Furniture Purchased | £1,143 | £0 | £1,143 | £1,534 | |
| Insurance | £1,581 | £0 | £1,581 | £1,584 | |
| Lighting,Heatingand Water | £2,994 | £0 | £2,994 | £1,902 | |
| Manse Rent | £12,000 | £0 | £12,000 | £12,000 | |
| Ministry | £1,100 | £0 | £1,100 | £403 | |
| Missions | £3,864 | £0 | £3,864 | £4,379 | |
| Music,Media and Online Church Service Costs | £3,957 | £0 | £3,957 | £7,674 | |
| Pastor expenses | £0 | £0 | £0 | £172 | |
| Printing | £51 | £0 | £51 | £114 | |
| Special Events | £137 | £0 | £137 | £18 | |
| Special Gifts | £614 | £0 | £614 | £0 | |
| Stationery | £214 | £0 | £214 | £489 | |
| Staff and Pensions | £60,325 | £0 | £60,325 | £60,981 | |
| Students | £70 | £0 | £70 | £60 | |
| Sundries | £1,574 | £24 | £1,598 | £2,487 | |
| Telephone | £1,798 | £0 | £1,798 | £1,981 | |
| Training& Conferences | £0 | £0 | £0 | £602 | |
| Travel | £49 | £0 | £49 | £208 | |
| Youth/Children(Sunday) | £84 | £0 | £84 | £114 | |
| £100,642 | £24 | £100,666 | £106,846 | ||
| 5 | Management and Administration | Unrestricted | Restricted | Total | Total |
| Funds | Funds | 2022 | 2021 | ||
| General Fund | |||||
| Independent examiner’s fees | £200 | £0 | 200 | £190 | |
| AOG Contribution | £2,880 | £0 | 2,880 | £2,880 | |
| Payroll Services | £864 | £0 | 864 | £864 | |
| Subscriptions & Licences | £1,115 | £0 | 1,115 | £810 | |
| £5,059 | £0 | 5,059 | 4,744 | ||
| Page: 8 |