OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

ANNUAL REPORT AND STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021

CHARITY REGISTRATION No: 1055306

Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF

1

COMMUNITY OF AIDAN AND HILDA

CONTENTS

Page 3 Legal and Administrative Information Page 4 Trustees' Report Page 5 Statement of Receipts and Payments Page 6 Statement of Assets and Liabilities Pages 7 to 9 Notes to the Accounts Page 10 Independent Examiners Report to the Trustees

2

COMMUNITY OF AIDAN AND HILDA

LEGAL AND ADMINISTRATIVE INFORMATION

CHARITY NUMBER 1055306 CHARITY REGISTRATION DATE 16th May 1996 START OF FINANCIAL YEAR 1st January 2021 END OF FINANCIAL YEAR 31st December 2021 TRUSTEES WHO SERVED DURING Geoff Holt (Chair) THE YEAR TO 31 DECEMBER 2021 Janet Bissex Linda Butler Sue Clarke (resigned 1st March 2021) Joy Holt Ruth Stock

The existing trustees appoint any new trustees following the provisions laid out in the Charity's governing instrument.

GOVERNING INSTRUMENT Charitable Trust Deed dated 22 April 1996

OBJECTS

The advancement of the Christian religion, in particular:

BANKERS National Westminster Bank Plc Stratford-Upon-Avon CORRESPONDENCE ADDRESS 137 Newton Road Sparkhill Birmingham B11 4PU

CORRESPONDENCE ADDRESS

INDEPENDENT EXAMINER

Independent Examiners Limited Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF

3

COMMUNITY OF AIDAN AND HILDA

TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

Review of activities during the year

Our membership has continued to steadily increase during the year, both nationally and internationally. We are aware of growing interest in dispersed New Monastic community and living by a Way of Life, a rhythm of prayer, and a network of Soul Friendship.

We have continued to see the impact of Covid-19, and many individuals have found the Way of Life of the Community to be a real support and encouragement during times of restriction and social isolation. Being able to connect with one another through Zoom and other digital means has been greatly appreciated by many.

Our Community Retreats have been again online during the year and as a result significantly more people have been involved and included. A number of online retreats and training sessions have been run during the year, which have had a good take-up. Going forward this suggests to us the value of a hybrid model of delivery, offering both in-person and online options.

Our new Community Administrator Richard Brassington has settled into his role very well and is providing an excellent point of contact and support for Members and Friends. He is reviewing our administrative and finance systems for potential improvements.

We continue to value the inspirational leadership of our three Guardians – Simon Reed, Penny Warren and Graham Booth – our Deputy Guardian Brother Cassian, and the wisdom of our Caim Council and Trustees through the year, as well as the ongoing support of our Founding Guardian, Ray Simpson.

Finances for the Community account have held up well during the year as we have seen a number of generous gifts and donations.

The implications for our work on Holy Island have been considered in the report for Lindisfarne Trust Ltd.

We believe we can look forward with confidence to the work and ministry of the Community growing further in 2022

Details of any funds materially in deficit

There are none.

Policy on Reserves

The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.

Trustees Responsibilities

The Charities Act 2011 require the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the trust and of the surplus of the trust for that period. In preparing those financial statements the trustees are required to:

The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the trust. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the Trustees:……………………………………………………………………….Date: 30 September 2022

4

COMMUNITY OF AIDAN AND HILDA

STATEMENT OF RECEIPTS AND PAYMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

Notes
RECEIPTS :
Voluntary Receipts
2a
Charitable Activities
2b
Asset and Investment Sales etc
2c
TOTAL RECEIPTS
PAYMENTS :
Costs of Charitable Activities
3a
Costs of Generating Funds
3b
Governance Costs
3c
Asset and Investment Purchases etc
3d
TOTAL PAYMENTS
NET RECEIPTS/(PAYMENTS)
Cash Balances Brought Forward
CASH BALANCES CARRIED FORWARD		 Unrestricted
Restricted
Total
Total
Funds
Funds
2021
2020
£
£
£
£
45,885
0
45,885
55,733
21,513
0
21,513
13,231
49,000
0
49,000
0
116,398
0
116,398
68,964
65,315
0
65,315
49,308
1,224
0
1,224
1,000
630
0
630
630
49,000
0
49,000
2,000
116,169
0
116,169
52,938
229
0
229
16,026
17,611
0
17,611
1,585
17,840
0
17,840
17,611

5

COMMUNITY OF AIDAN AND HILDA

STATEMENT OF ASSETS AND LIABILITIES

AS AT 31 DECEMBER 2021

CASH ASSETS
Bank Account
OTHER MONETARY ASSETS
Gift Aid Tax Rebate due
LIABILITIES
Independent Examiners Fees		 Unrestricted
Restricted
31-Dec-21
31-Dec-20
Fund
Fund
Total
Total
£
£
£
£
17,840
0
17,840
17,611
17,840
0
17,840
17,611
2,596
0
2,596
2,688
2,596
0
2,596
2,688
654
0
654
630
654
0
654
630

TRUSTEES RESPONSIBILITIES IN RELATION TO THE ACCOUNTS

Charity Law requires the Trustees to prepare accounts for each financial year which comply with the regulations set out in the Charities Act 2011. The Trustees have elected to take advantage of the provisions that apply to small charities and have prepared a Receipts and Payments Account and Statement of Assets and Liabilities which are set out on pages 5 and 6.

Approved by the Trustees on 30 September 2022 and

Signed on their behalf by ………………………………………..., Trustee

6

COMMUNITY OF AIDAN AND HILDA

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2021

1. BASIS OF ACCOUNTING

The accounts have been prepared under the “Receipts and Payments” basis as prescribed by the Charity Commissioners, and they meet the appropriate legal requirements.

2. RECEIPTS
Note
a) Voluntary Receipts
Gifts and Donations
Gift Aided Donations and Tax Recovered
b) Charitable Activities
Retreat Income
c) Asset and Investment Sales etc
Loans repaid
Loans received
3. PAYMENTS
a) Costs of Charitable Activities
Building Repairs and Maintenance
Gifts
Office, Secretarial and Administration
4
Retreat Expenses
Staff and Volunteer Expenses
Staff (Self Employed Individuals)
Staff Honoraria		 Unrestricted
Restricted
Total
Total
Funds
Funds
2021
2020
£
£
£
£
25,382
25,382
21,645
20,503
20,503
34,088
45,885
0
45,885
55,733
21,513
21,513
13,231
21,513
0
21,513
13,231
29,000
29,000
0
20,000
20,000
0
49,000
0
49,000
0
8,709
8,709
7,768
0
0
3,215
7,557
7,557
5,629
22,766
22,766
8,426
2,829
2,829
3,475
2,474
2,474
0
20,980
20,980
20,795
65,315
0
65,315
49,308

7

COMMUNITY OF AIDAN AND HILDA

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2021

3. PAYMENTS (continued)
Note
b) Costs of Generating Funds
Publicity, Mission and Outreach
c) Governance Costs
Accountancy and Independent Examination
d) Asset and Investment Purchases etc
Loans made
Loans repaid		 Unrestricted
Restricted
Total
Total
Funds
Funds
2021
2020
£
£
£
£
1,224
1,224
1,000
1,224
0
1,224
1,000
630
630
630
630
0
630
630
29,000
29,000
0
20,000
20,000
2,000
49,000
0
49,000
2,000

4. ANALYSIS OF OFFICE, SECRETARIAL AND ADMINISTRATION COSTS

Cleaning Costs
IT and Computer
Licences and Subscriptions
Printing, Postage and Stationery
Secretarial Support
Sundry Administration and Office
Telephone and Internet		 Total
Total
2021
2020
£
£
90
0
771
525
366
271
1,331
758
3,555
3,659
512
0
932
416
7,557
5,629

5. RESTRICTED FUNDS

The charity held no restricted funds during or at the end of the financial year.

6. PAYMENTS TO TRUSTEES

No payments were made to trustees or any persons connected with them during this financial period. No other material transaction took place between the organisation and a trustee or any person connected with them.

8

COMMUNITY OF AIDAN AND HILDA

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

7. RELATED PARTY TRANSACTIONS

During the year the following related party transactions took place:

A loan of £29,000 to assist with building works was made to Lindisfarne Trust (charity number 1092445) and repaid in the same year. The two charities work closely together and Lindisfarne Trust has a particular responsibility to manage the property and other facilities of the Community of Aidan and Hilda, including the regular maintenance and improvement of the Community’s buildings and other assets, in keeping with the ethos of the Community, and so to offer spiritual renewal and refreshment to guests, pilgrims and visitors.

A payment of £4,499 was paid to install mobility equipment in one of the properties owned by Lindisfarne Trust.

A payment of £900 was paid to Community for Reconciliation (charity number 295113) for Retreat accomodation. Trustee G Holt is also a Trustee of Community for Reconciliation.

A payment of £1,000 was paid to Newbigin Community Trust (charity number 1170079) as a Ministry gift. Trustee G Holt is also a Trustee of Newbigin Community Trust.

8. RISK ASSESSMENT

The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

9. PUBLIC BENEFIT

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

9

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

I report to the trustees on my examination of the accounts of the Community of Aidan and Hilda for the year ended 31st December 2021.

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

Responsibilties and basis of report

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and 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.

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 which gives me cause to believe that in, any material respect:

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.

Signed:

Name: J Irvinesmith FCIE

Date: …..................20224th October

Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF

10