East 13 Christian Trust Report and Accounts Year ended 31 August 2022
EAST 13 CHRISTIAN TRUST
COMPANY INFORMATION FOR THE YEAR ENDED 31 AUGUST 2022
Directors and Trustees
Jayne Bazeley Luke Bazeley Joanna Sell Peter Sell Hui Leng Timms Stephen Timms Simeon Burnett Jonathan Dale Reuben John
Trustees Simeon Burnett Jonathan Dale Reuben John Company Secretary Gemma Sell Governing Document Memorandum and Articles of Association incorporated 30th March 1998 Company Registration Number 3537219 Charity Registration Number 1069248 Registered Office 408 Barking Road London, E13 8HJ Accountants Neville Reid 19 Mills Grove London, E14 0RH Bankers CAF Bank HSBC PLC
CONTENTS
| Page | |
|---|---|
| Company Information | 1 |
| Directors’ Report | 2-4 |
| Independent Examiner’s Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Accounts | 8-12 |
| Movements in Designated and Restricted Funds | 13 |
| Detailed SOFA with comparatives | 14 |
1
EAST 13 CHRISTIAN TRUST
TRUSTEES' ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 AUGUST 2022
East 13 Christian Trust operates a number of projects which are known as Plaistow Christian Fellowship and Cornerstone Cafe.
Nature of Governance
East 13 Christian Trust Limited (Company Number 3537219) is registered with the Charity Commission (Charity No. 1069248). The trustees and officers are listed below; a number of them are directors of the company, these are indicated in the list below. The registered office is 408 Barking Road, London E13 8HJ.
Objectives of the charity
-
To advance the Christian faith in accordance with the Statement of Beliefs, as stated in the Memorandum of Association, in the London Borough of Newham and in such other parts of the United Kingdom or the world as the directors of the Charity (the trustees) may from time to time think fit;
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To relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby in the London Borough of Newham and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit;
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To advance education in accordance with Christian principles by such means as the trustees may consider appropriate including by means of establishing and operating any educational establishment or establishments in the London Borough of Newham and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit;
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To promote and fulfil such other charitable purposes beneficial to the community in the London Borough of Newham and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit.
The trustees have considered these objectives and believe that the Charity is fulfilling these objectives in its actions and activities.
Activities of the Charity
Vision Statement
This has been summarised as “To be the people of God where we are.”
Main activities during the year
• The day to day running of a church, Plaistow Christian Fellowship, which includes evangelism, community development and maintaining pastoral support of members. We also hold Sunday services and special services at Christmas, Easter, and Sunday school type groups etc. We tried out a different type of Christmas event, “A Celebration of Christmas in Story and Song,” which was well attended. We built a manger scene out of junk outside Cornerstone, and used the windows and frontage of Cornerstone to increase visibility in the area.
• We began to review our vision as a church, with a day away in August for the whole church, and one for the Liaison Group.
• In September 2021 the church moved the Sunday meeting to the Swift Centre on Barking Road, opposite Cornerstone cafe. We thanked Tollgate School for their hospitality and support. Since meeting in the Swift, despite the logistical challenges of this building, numbers have grown. We think this is partly at least due to the visibility of the location.
• Also in September we said a final farewell to Eden, with a special service and lunch to thank God and the team for all their hard work.
• In October Peter and Jo Sell stepped down from the leadership of PCF, to pursue new opportunities. We thanked them for their many years of hard work and faithful, loving service to PCF and to Newham. They remain as trustees of East 13 Christian Trust.
• A priority this year has been reviewing and updating our safeguarding arrangements.
2
Cornerstone
- The Charity office and coffee shop at 408 Barking Road, London E13 8HJ, is known as Cornerstone and provides the Church and charity with a profile in the Borough.
• Cornerstone Cafe returned to serving both take away and seated customers as per normal on Wednesday to Friday 10–3 pm. Matt and Kate ran a biweekly Thursday evening young people’s group at Cornerstone. We also started having Community Choir on Monday evenings there during June to July 2022.
• Plaistow Christian Fellowship continues to work together with other churches to reach out into the community, to make the best use of the resources and talents which they have. This included joint services and events with our next door neighbour church, Memorial Community Church, with their new minister Rev. Andrew Allcock.
• The charity continues to look at new ways of working together with other organisations and churches to demonstrate the kingdom of God in Newham.
The Trustees have complied with the duty to have due regard to the public benefit guidance published by the Charity Commission.
Future direction
Further to the last report of the trustees, the property that the charity uses at 408 Barking Road London E13 8HJ (including the shop premises known as Cornerstone) is to be redeveloped. An Architect was appointed. This involved seeking proposals from a number of Architects and it was agreed to appoint Paul Henry Architects Ltd to undertake the concept design and pre-planning application. The pre-planning submission was sent to the Planning Authority at the end of April for their consideration. The Planning Authority made a number of recommendations, which have been taken into account by Paul Henry Ltd. It was suggested that we do more community consultation, so a questionnaire was taken around to contacts and others in local streets, as well as online. A consultancy firm, DWD, was employed in June, to help shape the results of the community consultation. In December, local people were invited by Newham Council to respond to a Local Plan consultation. The need for community space was mentioned.
The charity will continue to develop the activities in Cornerstone, and will continue to explore ways in which it can reach out into and to support the local community via any of the projects of the charity. In May, we began to put together a Job Description and Person Specification for a Community Outreach Worker.
The church leaders will continue to explore external funding to enable the work of the trust to be expanded through its projects to allow the trust to continue to grow and develop. At the same time the trust will via its other projects reach out into the local community.
Organisational Structure
The 4 leaders listed below, all of whom are members of the Charity, make the day-to-day decisions of Plaistow Christian Fellowship. [Prior to October 2022, Peter and Jo Sell were part of the Church leadership. They remain as trustees; the current leadership is as below.] The trustees make the major decisions regarding the funds of the charity. This would include the purchase or sale of major property assets and decisions with major funding implications, including staffing.
Risk Statement
The charity is not exposed to any major financial risk. With the sale of 408 Barking Road, the new landlord has confirmed that a peppercorn rent will be due for the property.
Insurance
The Charity was fully insured and a schedule of the insurances will be considered at the AGM.
Financial Review
Total income decreased by £9,000, while expenditure held steady, as activities resumed slowly after the restrictions due to the pandemic. The overall result for the year was a surplus of income over expenditure of £4,600. There was an increase of £8,800 in general reserves.
Reserves Policy
The Charity does not hold significant reserves of money or assets. It has a bank balance that is regularly reviewed by the trustees, and year on year the income broadly matches expenditure.
3
At the 31st August 2021 the general reserves of the charity stood at over £66,000. The policy is to maintain free reserves of not less than £20,000.
The charity received no grant income during the year, but fundraising income for Cornerstone was £1,600. The charity will continue to pursue grant funding where appropriate and will also be undertaking its own fundraising activities.
Accounts
These are prepared on the accruals basis under the historic cost convention in accordance with the Companies Act, as required by the governing documents of the Charity. An independent person, not a trustee, prepared the accounts. The accounts are now eligible for independent examination under the Charities Act; requirements of Companies Act apply. The accounts comply with the requirements
List of Trustees and Leaders
Jayne Bazeley – Church leader, Director, Chair of trustees, appointed Director May 2021 and Chair November 2021
Luke Bazeley – Church leader, Director, appointed May 2021 Simeon Burnett – Trustee, appointed April 2021 Jonathan Dale – Trustee Reuben John – Trustee Peter Sell – Director Joanna Sell – Director Hui Leng Timms – Church leader, Director Stephen Timms – Church leader, Director
Procedure for appointing the trustees
The trustees shall not be subject to retirement by rotation. Unless otherwise determined by the Charity in general meeting, the term of office of a trustee shall continue until he or she retires or is removed in accordance with the relevant provisions of the articles. The appointment of trustees is in accordance with the provisions of the Company’s Articles of Association.
Directors of the company are authomatically Trustees of the charity.
Bankers
The trust's main bank is CAF Bank, Kings Hill, West Malling, Kent ME19 4TA.
Approval
This report was approved by the Directors on __ May 2023 and signed on their behalf by:
_______ Jayne Bazeley Chair of East 13 Christian Trust
4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
EAST 13 CHRISTIAN TRUST
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2022.
Responsibilities and basis of report
As the trustees of the charity (who are also directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention which give me cause to believe that:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the relevant accounting requirements of section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the Charities SORP (FRS 102).
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.
Neville Reid ACA
19 Mills Grove Poplar London E14 0RH
__ May 2023
5
EAST 13 CHRISTIAN TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022 (including the Income and Expenditure Account)
| Note INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Charitable activities Investments Total income and endowments EXPENDITURE ON: Charitable activities 5 Total expenditure Net income/(expenditure) Transfers between funds Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted Restricted Total Total Funds funds Funds Funds 2022 2021 £ £ £ £ 20,142 1,684 21,826 31,414 4,386 - 4,386 3,831 38 - 38 17 |
|---|---|
| 24,566 1,684 26,250 35,262 15,739 5,865 21,604 21,695 |
|
| 15,739 5,865 21,604 21,695 |
|
| 8,827 (4,181) 4,646 13,567 - - - - |
|
| 8,827 (4,181) 4,646 13,567 60,466 14,155 74,621 61,054 |
|
| 69,293 9,974 79,267 74,621 |
Movements on reserves and all recognised gains and losses are shown above.
The notes on page 8–12 form part of these accounts.
6
EAST 13 CHRISTIAN TRUST
BALANCE SHEET AS AT 31 AUGUST 2022
| Note CURRENT ASSETS Debtors 10 Cash at bank and in hand CREDITORS: Amounts falling due within one year 11 Net Current Assets TOTAL NET ASSETS FUNDS OF THE CHARITY Restricted income funds 12 Unrestricted funds: General funds Designated funds 12 TOTAL FUNDS |
Unrestricted Restricted Funds Funds 2022 2021 £ £ £ £ 8,889 327 9,216 6,307 62,514 9,647 72,161 69,990 |
|---|---|
| 71,404 9,974 81,378 76,297 |
|
| (2,111) - (2,111) (1,676) |
|
| 69,293 9,974 79,267 74,621 |
|
| 69,293 9,974 79,267 74,621 |
|
| - 9,974 9,974 14,155 66,103 - 66,103 57,276 3,190 - 3,190 3,190 |
|
| 69,293 9,974 79,267 74,621 |
For the year ended 31 August 2022, the company was entitled to the exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with Section 476 of the Companies Act – however, in accordance with Section 145 of the Charities Act 2011 the accounts have been examined by an independent examiner whose report forms part of this document.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with FRS102 SORP.
Approved by the Directors and signed on their behalf on __ May 2023 by:
J L Bazeley, Chair of East 13 Christian Trust
Company number: 3537219
Charity number: 1069248
The notes on page 8–12 form part of these accounts.
7
EAST 13 CHRISTIAN TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022
1 Basis of Accounting
The accounts have been prepared under the historical cost convention, with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the 2019 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)), and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and with the Charities Act 2011.
The trust constitutes a public benefit entity as defined by FRS 102.
The trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern.
2 Accounting policies
The following are the accounting policies which have been applied in dealing with material items:-
a) Recognition of income:
Grants and donations are included in the Statement of Financial Activities (SoFA) when:
-
the charity becomes entitled to the resources;
-
it is more likely than not that the trustees will receive the resources; and
-
the monetary value can be measured with sufficient reliability.
b) Tax reclaims on donations and gifts:
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be unrestricted income unless the donor or the terms of the appeal have specified otherwise.
c) Settlement of insurance claims:
Insurance claims are only included in the SoFA when the general income recognition criteria are met, and are included as an item of other income in the SoFA.
d) Fundraising costs:
Donations received via fundraising platforms (such as Justgiving) are shown net of fees. Such fees are not material in the context of the trust. There are no other fundraising costs.
e) Liability recognition:
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources, and the amount of the obligation can be measured with reasonable certainty.
f) Funds:
Unrestricted funds are donations and other income received or generated for the objects of the charity without specified purpose and are available for purposes as directed by the trustees. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside for a specific purpose. Restricted funds are amounts received where the donor has specified the purpose for which it should be used.
- g) Fixed assets and depreciation:
Fixed assets acquired for use by the charity are capitalised and depreciated over their estimated useful life unless they cost less than £1,000 when they are written off on purchase.
Depreciation periods are as follows:
Freehold land Not depreciated Freehold buildings Over 50 years Equipment Between 3 and 7 years
8
EAST 13 CHRISTIAN TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022
| 3 Analysis of income Donations and legacies: Donations and gifts Gift Aid Grants Charitable activities: Cornerstone café Eden Project craft sales Income from investments: Interest income Total income |
Unrestricted Funds: General | 2022 2021 £ £ - 1,320 - - - - Unrestricted Funds: Designated |
2022 2021 2022 2021 £ £ £ £ 1,357 9,470 18,271 25,752 327 2,699 3,555 5,662 - - - - Restricted Funds Total Funds |
|
|---|---|---|---|---|
| 2022 2021 £ £ 16,914 14,962 3,228 2,963 - - |
||||
| 20,142 17,925 |
- 1,320 |
1,684 12,169 21,826 31,414 |
||
| 4,386 3,831 - - |
- - - - |
- - 4,386 3,831 - - - - |
||
| 4,386 3,831 |
- - |
- - 4,386 3,831 |
||
| 38 17 |
- - |
- - 38 17 |
||
| 38 17 |
- - |
- - 38 17 |
||
| 24,566 21,773 |
- 1,320 |
1,684 12,169 26,250 35,262 |
4 Donated goods, facilities and services
The Trust benefits greatly from the involvement and enthusiastic support of its many volunteers. In accordance with FRS 102 and the Charities SORP (FRS 102), no monetary value is included in the accounts for the contributions of volunteers.
9
EAST 13 CHRISTIAN TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022
| Note 5 Analysis of expenditure a Direct Charitable Costs Cornerstone café costs Cornerstone redevelopment Rent (excluding Cornerstone) Events Youth & children's work Equipment Sundry expenses Grants payable Note 9 |
Unrestricted Funds: General | 2022 2021 £ £ - - - - - - - - - - - - - - - 1,320 Unrestricted Funds: Designated |
2022 2021 2022 2021 £ £ £ £ - - 3,850 3,296 5,865 10,180 5,865 10,180 - - 4,539 315 - - 1,677 167 - - 171 157 - - 1,035 - - - 239 159 - - 750 2,970 Restricted Funds Total Funds |
|
|---|---|---|---|---|
| 2022 2021 £ £ 3,850 3,296 - - 4,539 315 1,677 167 171 157 1,035 - 239 159 750 1,650 |
||||
| 12,261 5,744 |
- 1,320 |
5,865 10,180 18,126 17,244 |
Following a change of landlord in September 2020, no rent is currently payable for the premises at 408 Barking Road, pending future renovation. The monies expended from restricted funds in 2021 and 2022 comprised architects' fees and pre-application planning costs for the forthcoming renovation works.
| b Support & Administration Governance costs Insurance Payroll and pension administration Print, stationery & other office costs Website design and development Telephone & internet Bank charges Total expenditure on charitable activities |
1,223 800 - - - - 1,223 800 617 662 - - - - 617 662 144 144 - - - - 144 144 348 671 - - - - 348 671 301 1,296 - - - - 301 1,296 711 781 - - - - 711 781 134 97 - - - - 134 97 |
|---|---|
| 3,478 4,451 - - - - 3,478 4,451 |
|
| 15,739 10,195 - 1,320 5,865 10,180 21,604 21,695 |
10
EAST 13 CHRISTIAN TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022
2022 2021 Fees for examination of the accounts £ £ Independent examiner’s fees 750 800
6 Fees for examination of the accounts
7 Staff costs
The charity had no employed members of staff in 2021 or 2022. A defined contribution pension scheme is in place.
8 Trustees
No remuneration was paid to any trustee during the year nor to any person connected to them. The charity trustees were not paid nor received any other benefits from the charity in the year (2021: £nil), neither were they reimbursed expenses during the year (2021: £nil). No charity trustee received payment for professional or other services supplied to the charity (2021: £nil). The Trust received unrestricted donations from its Trustees totalling £8,750 (2020: £8,520 unrestricted and £10,796 restricted).
9 Grants
| Grants to institutions: The Message Trust Faith in Schools Newham Christian Fellowship Grants to individuals: Hardship payments from the Tithe Fund (designated) 10 Debtors and prepayments Tax recoverable Prepayments and accrued income 11 Creditors: liabilities falling due within one year Trade creditors Accruals |
2022 2021 £ £ - 1,050 150 - 600 600 |
|---|---|
| 750 1,650 |
|
| - 1,320 |
|
| - 1,320 |
|
| 9,216 5,662 - 645 |
|
| 9,216 6,307 |
|
| 800 315 1,311 1,361 |
|
| 2,111 1,676 |
11
EAST 13 CHRISTIAN TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022
12 Funds
Movements in the year for designated and restricted funds are shown on the next page.
Analysis of net assets between funds:
| Cash Other net assets lysis of net assets between funds Cash Other net assets |
General Designated Restricted Total funds funds funds 2022 £ £ £ £ 59,324 3,190 9,647 72,161 6,778 - 327 7,105 |
|---|---|
| 66,103 3,190 9,974 79,267 |
|
| – previous year: General Designated Restricted Total funds funds funds 2021 £ £ £ £ 55,344 3,190 11,456 69,990 1,932 - 2,699 4,631 |
|
| 57,276 3,190 14,155 74,621 |
Analysis of net assets between funds – previous year:
13 Members
Each member of the company commits to contribute an amount of £10 if the charity is wound up.
12
EAST 13 CHRISTIAN TRUST
MOVEMENTS IN DESIGNATED AND RESTRICTED FUNDS FOR THE YEAR ENDED 31 AUGUST 2022
| Opening | Incoming | Outgoing | Transfers | Closing | Incoming | Outgoing | Transfers | Closing |
|---|---|---|---|---|---|---|---|---|
| balance | resources | resources | in the year | balance | resources | resources | in the year | balance |
| 2021 | 2021 | 2021 | 2021 | 2021 | 2022 | 2022 | 2022 | 2022 |
| £ | £ | £ | £ | £ | £ | £ | £ | £ |
Designated funds
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside for a specific purpose. Movements in the year and the prior year for designated funds were as follows:
| Hardship Fund For TEAR Fund Youth Work |
1,080 1,320 (1,320) - 1,080 - - - 1,080 550 - - - 550 - - - 550 1,560 - - - 1,560 - - - 1,560 |
|---|---|
| 3,190 1,320 (1,320) - 3,190 - - - 3,190 |
The Hardship Fund (formerly called the Tithe Fund) is an unrestricted fund designated by the Trustees to allow for future expenditure on support of individuals or charities with objectives in line with the work of the church.
After a change in banking arrangements, payments to Tear Fund were suspended, but the amounts previously sent as regular payments have been set aside up to 2018. Certain gifts of a one-off nature, mainly in 2017-18, have been designated for future support of youth work.
Restricted funds
Restricted funds represent amounts received for specific purposes.
A fund originally described as for the Eden Team Leader is now carried forward for the Cornerstone Community Worker. Movements in the year and the prior year for restricted funds were as follows:
| Cornerstone Community Worker Cornerstone redevelopment |
7,500 - - - 7,500 - - - 7,500 4,666 12,169 (10,180) - 6,655 1,684 (5,865) - 2,474 |
|---|---|
| 12,166 12,169 (10,180) - 14,155 1,684 (5,865) - 9,974 |
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EAST 13 CHRISTIAN TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES FOR THE YEAR ENDED 31 AUGUST 2022
| Note INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Charitable activities Investments Total income and endowments EXPENDITURE ON: Charitable activities 5 Total expenditure Net income/(expenditure) Transfers between funds Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
2022 2021 £ £ 20,142 17,925 4,386 3,831 38 17 Unrestricted Funds: General |
2022 2021 £ £ - 1,320 - - - - Unrestricted Funds: Designated |
2022 2021 2022 2021 £ £ £ £ 1,684 12,169 21,826 31,414 - - 4,386 3,831 - - 38 17 Restricted Funds Total Funds |
|
|---|---|---|---|---|
| 24,566 21,773 15,739 10,195 |
- 1,320 - 1,320 |
1,684 12,169 26,250 35,262 5,865 10,180 21,604 21,695 |
||
| 15,739 10,195 |
- 1,320 |
5,865 10,180 21,604 21,695 |
||
| 8,827 11,578 - - |
- - - - |
(4,181) 1,989 4,646 13,567 - - - - |
||
| 8,827 11,578 |
- - |
(4,181) 1,989 4,646 13,567 |
||
| 57,276 45,698 |
3,190 3,190 |
14,155 12,166 74,621 61,054 |
||
| 66,103 57,276 |
3,190 3,190 |
9,974 14,155 79,267 74,621 |
Movements on reserves and all recognised gains and losses are shown above.
14