REGISTERED CHARITY NUMBER: 1062301
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
FOR
CHAFFORD HUNDRED COMMUNITY CHURCH
Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
CHAFFORD HUNDRED COMMUNITY CHURCH
CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 December 2020
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Cash Flow Statement | 7 | ||
| Notes to the Cash Flow Statement | 8 | ||
| Notes to the Financial Statements | 9 | to | 15 |
| Detailed Statement of Financial Activities | 16 | to | 17 |
CHAFFORD HUNDRED COMMUNITY CHURCH
REPORT OF THE TRUSTEES for the Year Ended 31 December 2020
The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's objects are the advancement of the Christian religion and education through regular meetings of public worship, study groups, youth groups and by other charitable purposes that from time to time may be determined by the charitable trustees.
CHCC has a clear vision for the areas of Thurrock and Basildon and constantly seeks to fulfil that vision through a combination of social outreach and Christian teaching. The programme of events is far reaching and includes:
| - | The advancement of the Christian Gospel throughout the community by various means. |
|---|---|
| - | Sunday worship with separate teaching for children. |
| - | Parent and Toddler Group. |
| - | Youth Outreach. |
| - | Provision of Youth work into local Secondary schools. |
| - | Mentoring support and extended education programmes for Secondary and Primary schools. |
| - | Financial support for local and international causes. |
| - | Practical support for locally based projects. |
| - | Provision of lunches during the school holidays for children who receive free school meals. |
| - | Providing practical and financial support for social outreach programmes in various other countries. |
| - | Support for families, marriages and those in financial difficulty. |
Significant activities
-
Average church attendance for Sunday Worship across all four sites Chafford Hundred, Chadwell St Mary, Basildon and Ockendon, was 400 in 2019, however due to the restrictions of Covid-19, face to face church attendance stopped in March 2020, since then Sunday Worship has been live streamed via Facebook, You Tube and Church App each Sunday.
-
Life Groups continued to operate during the year. These groups are managed regionally and have started to form conduits into the community for outreach and evangelism. Life groups operate on a weekly basis where people have the opportunity to explore the Christian Faith in a more intimate environment and to have detailed discussions about the Sermon preached in Church each Sunday. Again due to the restrictions of Covid-19 Life Groups have been held remotely via Zoom.
-
The social action arm of the church is called 180 Project. In 2020 the project did the following: - The MADE Programme which gives a wide range of educational, practical and emotional support to young people who are disengaging at school.
-
Supported the Sozo Foundation in Muizenburg, South Africa.
-
Provided the 'Christians Against Poverty' Course.
-
Thurrock Lunch Club, this ended 31st March 2020.
-
Support families in the community with various needs.
| 4. | During the year the Church used the services of Ellis Whittam a professional Human Resource and Employment Law |
|---|---|
| service to look after all their staffing requirements including staff contracts and employment policies. |
Page 1
CHAFFORD HUNDRED COMMUNITY CHURCH
REPORT OF THE TRUSTEES
for the Year Ended 31 December 2020
FINANCIAL REVIEW
Financial position
Incoming Resources for the financial year 2020 amounted to £510,891 (2019 - £456,826) while resources expended totalled £456,892 (2019 - £489,577). The Net Outgoing resources of the Charity amounted to a surplus of £75,443, after a net gain on investments which amounted to £21,444 (2019 - deficit of £32,751).
The Balance Sheet shows total funds of £568,610 (2019 - £514,911).
The Financial Statements shows the Charity's financial position at 31/12/20.
The church's breakdown of General Income in the year was:
| £ | £ | |
|---|---|---|
| 2020 | 2019 | |
| Voluntary sources - collections | 325,261 | 344,827 |
| Reclaimed tax including interest | 120,855 | 58,649 |
| Income from other sources | 16,737 | 52,623 |
| Interest on accounts | 286 | 727 |
| 463,139 | 456,826 | |
CHCC has sound financial and budgetary procedures in place, and day to day transactions are carried out by the Finance Officer supported by the Treasurer and Finance Committee.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The organisation is a charity, registered with the Charity Commission on 12 May 1997. The charity was established under a constitution, which includes specific objects and powers.
Organisational leadership
Chafford Hundred Community Church is governed by the Trustees in accordance with the governing document. The trustees meet at least 4 times each year. Trustees are guided by the vision presented by Church Eldership and delegate the day to day leadership of the church to the employed staff and to the Site Leadership teams. The Trustee Board is independent from the church Leadership Teams.
Wider network
Chafford Hundred Community Church is an independent church, under the banner of Relational Mission, which is part of the Newfrontiers family of churches. The church cooperates and liaises with a number of other local churches and organisations in Eastern Europe, Southern Portugal and various parts of Africa.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1062301
Principal address
1st Floor, Unit 2 Lakeside Business Village Fleming Road Chafford Hundred Essex RM16 6EW
Trustees
D Bareham J Morgan S Raj C Coles G Walters Mrs T Fawehinmi I Nwaiwu A Adepeju
Page 2
CHAFFORD HUNDRED COMMUNITY CHURCH
for the Year Ended 31 December 2020
REPORT OF THE TRUSTEES
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH Sep 28, 2021 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
..............................................................................Gloria Walters (Sep 20, 2021 19:58 GMT+1)
G Walters - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHAFFORD HUNDRED COMMUNITY CHURCH
Independent examiner's report to the trustees of Chafford Hundred Community Church
I report to the charity trustees on my examination of the accounts of Chafford Hundred Community Church (the Trust) for the year ended 31 December 2020.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Institute of Chartered Accountants in England and Wales which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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.
mwbrindley
mwbrindley (Sep 29, 2021 10:35 GMT+1)
Maurice Brindley BSc FCA Institute of Chartered Accountants in England and Wales Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
Sep 29, 2021 Date: .............................................
Page 4
CHAFFORD HUNDRED COMMUNITY CHURCH
STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2020
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 443,551 Investment income 3 8,617 Other income 10,971 Total 463,139 EXPENDITURE ON Charitable activities 4 General Fund 219,261 Project Fund 36,998 Other 133,630 Total 389,889 Net gains on investments 21,444 NET INCOME/(EXPENDITURE) 94,694 Transfers between funds 13 (19,251) Net movement in funds 75,443 RECONCILIATION OF FUNDS Total funds brought forward 514,911 TOTAL FUNDS CARRIED FORWARD 590,354 |
31.12.20 31.12.19 Restricted Total Total funds funds funds £ £ £ 36,419 479,970 448,825 - 8,617 8,001 11,333 22,304 - 47,752 510,891 456,826 3,584 222,845 285,049 63,419 100,417 69,872 - 133,630 134,656 67,003 456,892 489,577 - 21,444 - (19,251) 75,443 (32,751) 19,251 - - - 75,443 (32,751) - 514,911 547,662 - 590,354 514,911 |
31.12.20 31.12.19 Restricted Total Total funds funds funds £ £ £ 36,419 479,970 448,825 - 8,617 8,001 11,333 22,304 - 47,752 510,891 456,826 3,584 222,845 285,049 63,419 100,417 69,872 - 133,630 134,656 67,003 456,892 489,577 - 21,444 - (19,251) 75,443 (32,751) 19,251 - - - 75,443 (32,751) - 514,911 547,662 - 590,354 514,911 |
|---|---|---|
| 456,826 285,049 69,872 134,656 |
||
| 489,577 - |
||
| (32,751) - |
||
| (32,751) 547,662 |
||
| 514,911 |
The notes form part of these financial statements
Page 5
CHAFFORD HUNDRED COMMUNITY CHURCH
BALANCE SHEET
31 December 2020
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 9 9,396 Investment property 10 230,000 239,396 CURRENT ASSETS Debtors 11 45,093 Cash at bank and in hand 320,716 365,809 CREDITORS Amounts falling due within one year 12 (14,851) NET CURRENT ASSETS 350,958 TOTAL ASSETS LESS CURRENT LIABILITIES 590,354 NET ASSETS 590,354 FUNDS 13 Unrestricted funds TOTAL FUNDS |
31.12.20 31.12.19 Restricted Total Total funds funds funds £ £ £ - 9,396 11,054 - 230,000 208,556 - 239,396 219,610 - 45,093 3,300 9,664 330,380 307,529 9,664 375,473 310,829 (9,664) (24,515) (15,528) - 350,958 295,301 - 590,354 514,911 - 590,354 514,911 590,354 514,911 590,354 514,911 |
31.12.20 31.12.19 Restricted Total Total funds funds funds £ £ £ - 9,396 11,054 - 230,000 208,556 - 239,396 219,610 - 45,093 3,300 9,664 330,380 307,529 9,664 375,473 310,829 (9,664) (24,515) (15,528) - 350,958 295,301 - 590,354 514,911 - 590,354 514,911 590,354 514,911 590,354 514,911 |
|---|---|---|
| 219,610 3,300 307,529 |
||
| 310,829 (15,528) |
||
| 295,301 | ||
| 514,911 | ||
| 514,911 | ||
| 514,911 | ||
| 514,911 |
The financial statements were approved by the Board of Trustees and authorised for issue on .............................................Sep 28, 2021 and were signed on its behalf by:
.............................................D S Bareham (Sep 28, 2021 13:24 GMT+1)
D Bareham - Trustee
Gloria Walters (Sep 20, 2021 19:58 GMT+1)............................................. G Walters - Trustee
The notes form part of these financial statements
Page 6
CHAFFORD HUNDRED COMMUNITY CHURCH
CASH FLOW STATEMENT
for the Year Ended 31 December 2020
| 31.12.20 | 31.12.19 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Cash flows from operating activities | |||
| Cash generated from operations | 1 | 22,565 | (26,746) |
| Net cash provided by/(used in) operating activities | 22,565 | (26,746) | |
| Cash flows from investing activities | |||
| Interest received | 286 | 727 | |
| Net cash provided by investing activities | 286 | 727 | |
| Change in cash and cash equivalents in the | |||
| reporting period | 22,851 | (26,019) | |
| Cash and cash equivalents at the beginning of | |||
| the reporting period | 307,529 | 333,548 | |
| Cash and cash equivalents at the end of the | |||
| reporting period | 330,380 | 307,529 |
The notes form part of these financial statements
Page 7
CHAFFORD HUNDRED COMMUNITY CHURCH
NOTES TO THE CASH FLOW STATEMENT for the Year Ended 31 December 2020
1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
| ACTIVITIES | ||
|---|---|---|
| 31.12.20 | 31.12.19 | |
| £ | £ | |
| Net income/(expenditure) for the reporting period (as per the Statement of | ||
| Financial Activities) | 75,443 | (32,751) |
| Adjustments for: | ||
| Depreciation charges | 1,658 | 6,946 |
| Interest received | (286) | (727) |
| (Gains)/Losses on investments | (21,444) | - |
| Increase in debtors | (41,793) | (3,300) |
| Increase in creditors | 8,987 | 3,086 |
| Net cash provided by/(used in) operations | 22,565 | (26,746) |
- ANALYSIS OF CHANGES IN NET FUNDS
| At 1.1.20 | Cash flow | At 31.12.20 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank and in hand | 307,529 | 22,851 | 330,380 |
| 307,529 | 22,851 | 330,380 | |
| Total | 307,529 | 22,851 | 330,380 |
The notes form part of these financial statements
Page 8
CHAFFORD HUNDRED COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 December 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements and assessment of going concern
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.
The financial statements are presented in sterling (£).
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Critical accounting judgements and key sources of estimation uncertainty
In preparing financial statements it is necessary to make certain judgements, estimated and assumptions that affect the amounts recognised in the financial statements. The following judgements and estimates are considered by the trustees to have most significant effect on amounts recognised in the financial statements.
Useful economic life of tangible fixed assets:
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Items of music and audio/visual equipment are written off in the year of purchase.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.
Taxation
The charity is exempt from tax on its charitable activities.
Cash at bank and in hand
Cash at bank and in hand includes cash and bank accounts with no withdrawal limits.
Debtors
Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.
Creditors
Creditors are recognised where the charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.
Financial Instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
continued...
Page 9
CHAFFORD HUNDRED COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020
1. ACCOUNTING POLICIES - continued
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||
|---|---|---|
| 31.12.20 | 31.12.19 | |
| £ | £ | |
| General offerings and donation | 325,261 | 344,827 |
| Gift aid | 120,855 | 58,649 |
| Grants | 5,573 | - |
| Miscellaneous | 830 | - |
| 180 Project Including Grants | 26,563 | 35,653 |
| Youth and Children's Work | 863 | 8,856 |
| Men and Ladies Ministries | 25 | 840 |
| 479,970 | 448,825 | |
| Grants received, included in the above, are as follows: | ||
| 31.12.20 | 31.12.19 | |
| £ | £ | |
| Thurrock Grant | 2,345 | - |
| Family in Need | 2,000 | - |
| Transforming Lives Grant | 240 | - |
| Other | 988 | - |
| 5,573 | - | |
| INVESTMENT INCOME | ||
| 31.12.20 | 31.12.19 | |
| £ | £ | |
| Rents received | 8,331 | 7,274 |
| Deposit account interest | 286 | 727 |
| 8,617 | 8,001 |
3. INVESTMENT INCOME
continued...
Page 10
CHAFFORD HUNDRED COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020
4. CHARITABLE ACTIVITIES COSTS
| General Fund Project Fund 5. SUPPORT COSTS General Fund 6. TRUSTEES' REMUNERATION AND BENEFITS Trustees' salaries Trustees' social security Trustees' pensions paid |
Support Direct costs (see Costs note 5) Totals £ £ £ 219,842 3,003 222,845 100,417 - 100,417 320,259 3,003 323,262 Finance Other Totals £ £ £ 987 2,016 3,003 31.12.20 31.12.19 £ £ 36,971 36,726 3,009 3,213 1,109 1,102 41,089 41,041 |
Totals £ 222,845 100,417 |
Totals £ 222,845 100,417 |
|---|---|---|---|
| 323,262 | |||
| 41,041 |
One of the trustees, Mr D. Bareham, was paid a salary during the year for work undertaken on behalf of the charity. None of this salary related to his role as a trustee.
Trustees' expenses
Any expenses paid to trustees are direct reimbursements of costs incurred by them in respect of payments made for charitable activities on behalf of the church.
Key management personnel
The charity considers its key management personnel to comprise the trustees and Elders. Total key management personnel remuneration and benefits for the year are £47,532 (2019: £47,441).
7. STAFF COSTS
| STAFF COSTS | ||
|---|---|---|
| 31.12.20 | 31.12.19 | |
| £ | £ | |
| Wages and salaries | 231,207 | 246,404 |
| Social security costs | 11,358 | 14,319 |
| Other pension costs | 4,872 | 5,041 |
| 247,437 | 265,764 | |
| The average monthly number of employees during the year was as follows: | ||
| 31.12.20 | 31.12.19 | |
| Administrative | 10 | 17 |
No employees received emoluments in excess of £60,000.
continued...
Page 11
CHAFFORD HUNDRED COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020
| 8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 448,825 Investment income 8,001 Total 456,826 EXPENDITURE ON Charitable activities General Fund 285,049 Project Fund 69,872 Other 134,656 Total 489,577 NET INCOME/(EXPENDITURE) (32,751) RECONCILIATION OF FUNDS Total funds brought forward 547,662 TOTAL FUNDS CARRIED FORWARD 514,911 9. TANGIBLE FIXED ASSETS COST At 1 January 2020 and 31 December 2020 DEPRECIATION At 1 January 2020 Charge for year At 31 December 2020 NET BOOK VALUE At 31 December 2020 At 31 December 2019 |
Restricted Total funds funds £ £ - 448,825 - 8,001 - 456,826 - 285,049 - 69,872 - 134,656 - 489,577 - (32,751) - 547,662 - 514,911 Plant and machinery £ 18,000 6,946 1,658 8,604 9,396 11,054 |
Total funds £ 448,825 8,001 |
|---|---|---|
| 456,826 285,049 69,872 134,656 |
||
| 489,577 | ||
| (32,751) 547,662 |
||
| 514,911 |
continued...
Page 12
CHAFFORD HUNDRED COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020
10. INVESTMENT PROPERTY
| FAIR VALUE At 1 January 2020 Revaluation At 31 December 2020 NET BOOK VALUE At 31 December 2020 At 31 December 2019 |
£ 208,556 21,444 |
|---|---|
| 230,000 | |
| 230,000 | |
| 208,556 |
The investment property was re-valued by Henderson Wood on 5th June 2021.
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 11. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 31.12.20 | 31.12.19 | ||
| £ | £ | ||
| Trade debtors | 125 | 3,000 | |
| Tax Recoverable | 44,968 | - | |
| Prepayments | - | 300 | |
| 45,093 | 3,300 | ||
| 12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.12.20 | 31.12.19 | ||
| £ | £ | ||
| Trade creditors | 763 | 5,752 | |
| Taxation and social security | 2,672 | 3,177 | |
| Other creditors | 21,080 | 6,599 | |
| 24,515 | 15,528 |
13. MOVEMENT IN FUNDS
| Unrestricted funds General fund Project Fund - 10% Fund Project Fund - 180 Project Restricted funds 180 Project - Hardship fund TOTAL FUNDS |
Net movement At 1.1.20 in funds £ £ 505,877 131,691 4,834 (36,997) 4,200 - 514,911 94,694 - (19,251) 514,911 75,443 |
Transfers between At funds 31.12.20 £ £ (49,084) 588,484 34,033 1,870 (4,200) - (19,251) 590,354 19,251 - - 590,354 |
Transfers between At funds 31.12.20 £ £ (49,084) 588,484 34,033 1,870 (4,200) - (19,251) 590,354 19,251 - - 590,354 |
|---|---|---|---|
| 590,354 - |
|||
| 590,354 |
continued...
Page 13
CHAFFORD HUNDRED COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Project Fund - 10% Fund Restricted funds Special collections 180 Project - Hardship fund TOTAL FUNDS |
Incoming resources £ 463,138 1 463,139 3,584 44,168 47,752 510,891 |
Resources expended £ (352,891) (36,998) (389,889) (3,584) (63,419) (67,003) (456,892) |
Gains and Movement losses in funds £ £ 21,444 131,691 - (36,997) 21,444 94,694 - - - (19,251) - (19,251) 21,444 75,443 |
Gains and Movement losses in funds £ £ 21,444 131,691 - (36,997) 21,444 94,694 - - - (19,251) - (19,251) 21,444 75,443 |
|---|---|---|---|---|
| 94,694 - (19,251) |
||||
| (19,251) | ||||
| 75,443 |
Comparatives for movement in funds
| Unrestricted funds General fund Project Fund - 10% Fund Project Fund - 180 Project TOTAL FUNDS |
Net movement At 1.1.19 in funds £ £ 537,286 2,247 5,046 (96) 5,330 (34,902) 547,662 (32,751) 547,662 (32,751) |
Transfers between At funds 31.12.19 £ £ (33,656) 505,877 (116) 4,834 33,772 4,200 - 514,911 - 514,911 |
Transfers between At funds 31.12.19 £ £ (33,656) 505,877 (116) 4,834 33,772 4,200 - 514,911 - 514,911 |
|---|---|---|---|
| 514,911 | |||
| 514,911 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Project Fund - 10% Fund Project Fund - 180 Project TOTAL FUNDS |
Incoming resources £ 420,975 - 35,851 456,826 456,826 |
Resources Movement expended in funds £ £ (418,728) 2,247 (96) (96) (70,753) (34,902) (489,577) (32,751) (489,577) (32,751) |
Resources Movement expended in funds £ £ (418,728) 2,247 (96) (96) (70,753) (34,902) (489,577) (32,751) (489,577) (32,751) |
|---|---|---|---|
| (32,751) | |||
| (32,751) |
continued...
Page 14
CHAFFORD HUNDRED COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Project Fund - 10% Fund Project Fund - 180 Project Restricted funds 180 Project - Hardship fund TOTAL FUNDS |
Net movement At 1.1.19 in funds £ £ 537,286 133,938 5,046 (37,093) 5,330 (34,902) 547,662 61,943 - (19,251) 547,662 42,692 |
Transfers between At funds 31.12.20 £ £ (82,740) 588,484 33,917 1,870 29,572 - (19,251) 590,354 19,251 - - 590,354 |
Transfers between At funds 31.12.20 £ £ (82,740) 588,484 33,917 1,870 29,572 - (19,251) 590,354 19,251 - - 590,354 |
|---|---|---|---|
| 590,354 - |
|||
| 590,354 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Project Fund - 10% Fund Project Fund - 180 Project Restricted funds Special collections 180 Project - Hardship fund TOTAL FUNDS |
Incoming resources £ 884,113 1 35,851 919,965 3,584 44,168 47,752 967,717 |
Resources expended £ (771,619) (37,094) (70,753) (879,466) (3,584) (63,419) (67,003) (946,469) |
Gains and Movement losses in funds £ £ 21,444 133,938 - (37,093) - (34,902) 21,444 61,943 - - - (19,251) - (19,251) 21,444 42,692 |
Gains and Movement losses in funds £ £ 21,444 133,938 - (37,093) - (34,902) 21,444 61,943 - - - (19,251) - (19,251) 21,444 42,692 |
|---|---|---|---|---|
| 61,943 - (19,251) |
||||
| (19,251) | ||||
| 42,692 |
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2020.
Page 15
CHAFFORD HUNDRED COMMUNITY CHURCH
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2020
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2020 |
||
|---|---|---|
| 31.12.20 | 31.12.19 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| General offerings and donation | 325,261 | 344,827 |
| Gift aid | 120,855 | 58,649 |
| Grants | 5,573 | - |
| Miscellaneous | 830 | - |
| 180 Project Including Grants | 26,563 | 35,653 |
| Youth and Children's Work | 863 | 8,856 |
| Men and Ladies Ministries | 25 | 840 |
| 479,970 | 448,825 | |
| Investment income | ||
| Rents received | 8,331 | 7,274 |
| Deposit account interest | 286 | 727 |
| 8,617 | 8,001 | |
| Other income | ||
| Job Retention Scheme | 22,304 | - |
| Total incoming resources | 510,891 | 456,826 |
| EXPENDITURE | ||
| Charitable activities | ||
| Trustees' salaries | 36,971 | 36,726 |
| Trustees' social security | 3,009 | 3,213 |
| Trustees' pensions paid | 1,109 | 1,102 |
| Wages | 194,236 | 209,678 |
| Social security | 8,349 | 11,106 |
| Pensions | 4,872 | 5,041 |
| Men and Ladies Ministries | 166 | 2,889 |
| Youth Work | 918 | 12,080 |
| Alpha Expenses | 471 | 1,300 |
| Other 180 Project Costs | 11,783 | 11,140 |
| Donations | 50,146 | 45,553 |
| Children's Work | 1,516 | 7,797 |
| Pastoring | 6,713 | 5,587 |
| 320,259 | 353,212 | |
| Other | ||
| Rent | 29,820 | 37,221 |
| Equipment | 6,453 | 4,790 |
| Office Costs | 76,689 | 56,811 |
| Refreshments | 476 | 2,331 |
| Stationery and Postage | 121 | 401 |
| Miscellaneous | 5,085 | 6,880 |
| Training | 5,441 | 10,424 |
| Computer Costs | 5,002 | 4,162 |
| Insurance | 2,885 | 4,690 |
| Plant and machiney depreciation | 1,658 | 6,946 |
| 133,630 | 134,656 |
This page does not form part of the statutory financial statements
Page 16
CHAFFORD HUNDRED COMMUNITY CHURCH
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|
| for the Year Ended 31 December 2020 | ||
| 31.12.20 | 31.12.19 | |
| £ | £ | |
| Support costs | ||
| Finance | ||
| Bank charges | 987 | 149 |
| Other | ||
| Accountancy | 2,016 | 1,560 |
| Total resources expended | 456,892 | 489,577 |
| Net income/(expenditure) | 53,999 | (32,751) |
This page does not form part of the statutory financial statements
Page 17
Chafford Hundred Community Church Accounts Final Audit Report 2021-09-29
Created: 2021-09-20 By: Hewitt Warin (luisa.hewitt@hewittwarin.com) Status: Signed Transaction ID: CBJCHBCAABAA_LrTRg2hd039pt0835Ust5ah-0l8hMKg
"Chafford Hundred Community Church Accounts" History
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