Liberty Church ## Unaudited Financial Statements for the Year Ended 31 December 2020 LIBERTY CHURCH Charity No. 1069692 Contents of the Financial Statements for the year ended 31 December 2020 ||Page| |---|---| |General Information|1| |Trustees report|2| |Examiners Report|3| |Statement of Financial Activities|4| |Balance Sheet|5| |General Fund|6| |Other Funds|7| |Tangible Fixed Asset Schedule|8| ||LIBERTY CHURCH| |---|---| ||Charity No. 1069692| ||General Information| ||for the year ended 31 December 2020| |Principal Address|Liberty Church| ||Station Road| ||Masbrough| ||Rotherham| ||South Yorkshire| ||S60 1JH| |Correspondence Address|c/o Mrs S Wood (Secretary)| ||5 Louden Road| ||Scholes| ||Rotherham| ||South Yorkshire| ||S61 2SU| |Trustees who served during the year.|Pastor Adrian Mark Dexter| ||Mr David Murray Roscamp| ||Mrs Margaret Hodgkinson| |Accountants|A Thousand Hills Limited| ||172 Sandford Road| ||East Ham| ||LONDON| ||E6 3PX| Liberty Church Rotherham also known as Rotherham Pentecostal Church is registered with the charity commission. LIBERTY CHURCH Charity No. 1069692 Trustees Report for the year ended 31 December 2020 ## **Structure and Governance** Liberty Church is governed under the terms of its trust deed signed on 21 December 1997 and amended on 25th July 2003. Its trustees meet a minimum of eight times a year to manage the activities of the church. The day to day activities of the church are run by members of the church to whom the trustees have delegated the necessary authorty. ## **Charitable Objectives** ●Liberty Church is a Christian based charity with a commission to engage in social action to alleviate poverty, social and economic difficulties. ●Liberty Church engages in activities that seek to build community cohesion, and social integration ●Liberty Church engages in activities that promote the advancement, knowledge and experience of the Christian Faith. ## **Risk, Reserves and Financial review** The trustees have given due consideration of the major risks to which the Church is exposed, and are satisfied that it has systems, policies and procedures in place to mitigate exposure to major risks Liberty Church has an aim of holding free reserves to cover a minimum of 3 months operating costs (currently equivalent to £32,500). As at 31 December 2020 the charities free reserves were £ 48,536 calculated as follows: Total Reserves £ 314,732 less Restricted Funds £ 36,773 less Fixed Asset Reserves £ 229,423 leaves Free Reserves of £ 48,536 This leaves the church in a strong financial position to bulid on its acheivements in 2020 and seek opportunities to respond with the love of Christ to promote knowledge and experience of the Christian Faith, build community cohesion and work to alleviatepoverty in its various forms. The Charity's financial transactions during the year and the financial situation at the end of the year are set out in the following accounts. The trustees consider the financial position to be satisfactory, and are looking to see free reserves move closer to the target level. The Trustees have given consideration to the effects of Civid -19 pandemic and the UK government response on its ability to deliver its mission and its ability to raise funds. Adequate steps have been taken to manage expenditure and monitor cashflow. Trustees are confident that the charity will have sufficient resources to continue to operate for a period of time exceeding 12 months from the date these reports were approved. ## **Activities During the year - for details see ministers report for 2020** The year 2020 has been a most challenging year in terms of our response to a Global Pandemic. This year has been one of immense sorrow and challenge, yet at the same time has created opportunities for the Church to outwork its charitable purposes in serving the needs of the community and continuing to find creatives ways to support the vulnerable and promote the knowledge and advancement of the Christian faith. The Church continued to build on our foodbanks for Asylum seekers, refugees, and immigrant workers. This work we undertook has brought a greater and healthier connection with the local civic and statutory agencies as well as local community groups the Church Continued to provide activities and events for elderly aimed at reducing isolation and improving health and well-being through moving the majority of our church programmes on to an online format The Church continued to build on our ministries to the homeless and those with life controlling addictions and behaviours. The Church continued to build relationships with other local churches, local authorities, and other agencies. The church continued to run its services within the guidelines provided by the government, either online or by creating through social distancing and PPE, a Covid safe environment. The financial health of the church has remained strong despite the restrictions on meeting together. Signed on behalf of the charity's trustees A Dexter Pastor Adrian Dexter Dated 6th October 2021 LIBERTY CHURCH Charity No. 1069692 Independent Examiners Report to the Trustees. for the year ended 31 December 2020 To the Trustees. I report on the Financial Statements of the Church for the year ended 31[st] December 2020 which are set out in the following pages. ## **Respective responsibilities of trustees and examiner** The trustees are responsible for the preparation of the accounts. The 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. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: Examine the accounts under section 145 of the 2011 Act; To follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and To 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 Commission. 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 explanation s from you the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below. ## **Independent examiner’s statement** In connection with my examination, no matter has come to my attention: Which gives me reasonable cause to believe that in any material respect the requirements: To keep accounting records in accordance with section 386 of the companies Act 2006; and To prepare accounts which accord with the accounting records, comply with the Charities Act 2011 and the SORP (FRS102) "Accounting and Reporting by Charities" issued in March 2015. have not been met; or To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## _BJ. Dexter_ ## Brian Dexter Chartered Management Accountant 172 Sandford Road East Ham London E6 3PX Dated..........07/10/2021 . ## LIBERTY CHURCH Charity No. 1069692 Statement of Financial Activities for the year ended 31 December 2020 |**Income and Endowments From**
Donations and Legacies
Charitable Activities
Other Trading Activities
Investments
Disposal of Fixed Assets
Total Incoming Resources
**Expenditure on:**
Raising Funds
Charitable Activities
Church Activities
Other Costs
Total Resources Expended
Net Expenditure for the Year
Transfer Between Funds*1
net movement in funds
Fund Balances 31 December 2019
Fund Balances 31 December 2020|Unrestricted
Restricted
2020
Funds
£
Funds
£
Total
£
145,709
8,053
153,762
3,713
21,156
24,869
4,500
1,044
5,544
22
-
22
732
732
154,676
30,253
184,929
1,284
-
1,284
113,237
19,936
133,173
3,861
-
3,861
118,383
19,936
138,318
36,293
10,318
46,611
(15,189)
15,189
21,104
25,507
46,611
256,855
11,266
268,121
277,959
36,773
314,732|2019
Total
£
132,605
20,349
6,013
92| |---|---|---| |||159,059
1,751
151,184
3,658| |||156,593
2,466
-| |||2,466| |||265,655| |||268,121| *1 Transfer of Tithe to Mission fund |Balance Sheet
**Fixed Assets**
Tangible Fixed Assets
**Current Assets**
Cash at bank and in hand
Current Account
Deposit Account
Mission Account
Building Fund
Cash in hand
Total Current Assets
Net Current Assets
Net Assets
Funds
General Funds
Restricted Funds
These accounts were approved by the trus
and signed on their behalf by
Creditors: Amounts due within one year
Creditors due after more than one year|Unrestricted
Funds
£
229,423
-
46,175
-
-
2,972|Restricted
2020
Funds
£
Total
£
-
229,423
-
25,174
71,349
11,013
11,013
278
278
308
3,279
36,773
85,919
-
610
36,773
85,309
-
-
36,773
314,732
277,959
36,773
36,773
36,773
314,732

o
Pastor Adrian Dexter
Balance Sheet
as at 31st December 2020
Charity No. 1069692
LIBERTY CHURCH||2019
Total
£
234,490
-
27,620
8,144
278
1,281
37,323
3,692
(0)
33,631
-
268,121
256,855
11,266
268,121
6th October 2021
date| |---|---|---|---|---| ||49,146
610
48,536|||| ||-|||| ||277,959|||| ||277,959|||| ||277,959|||| ||tees on
Title||n|| |||||| ## LIBERTY CHURCH ## Charity No. 1069692 for the year ended 31 December 2020 ## **General Fund- Detailed transactions** ||**General Fund- Detailed transactions**|| |---|---|---| |Offerings
Gift Aided Offerings
Gift Aid Recoverable|**2020**
**2019**
79,913
65,286
56,140
49,176
9,656
15,503
145,709
129,965
378
1,204
675
2,385
-
1,309
239
1,195
345
1,968
2,016
50
60
710
-
-
-
40
-
5,640
-
25
- 90
-
122
-
-
3,713
14,527
4,500
8,500
4,500
8,500
22
92
732
-
154,676
£
153,084
£
Printing and Stationery
Advertising & Marketing
Bank Fees
Churches Together
Cleaning
Sierra Leone Schools
Sheffild Hallam costs
Telephone costs
Travel/Car Parking
Church Outings
Costs of Vending items
Water Rates
Mobile Phones
Provisions
Repairs and Renewals
Missions
Legal and Professional
Depreciation Expense
YWAM
R Jumbe support
R Thomas
Christmas events
Fire in the North
Welcome Centre costs
Staff Training
Audit & Accountancy
Insurances
outreach
Personal Purchase
PAIS
Postage
INCOME
Transfer to Missions Fund
Gifts/Flowers
AOG Costs
Swinton
Direct Wages - Minister
Wages- Other staff
Pensions
Interns
Memberships
Electric
Gas
conference costs
Youth Project Basement
Youth/Childrens work
Minister Travel
Employers NIC costs
Safeguarding
Silver Linings/Oasis
Resources
Hospitality
Licences
ministry
Minibus
Council Tax|**2020**
**2019**
15,189
£
8,353
£
-
£
-
£
24,000
£
24,000
£
32,712
£
35,712
£
1,356
£
1,446
£
2,645
£
1,710
£
136
£
1,650
£
211
£
487
£
502
£
3,106
£
1,470
£
2,182
£
1,734
£
1,809
£
1,284
£
1,751
£
277
£
435
£
-
£
1
£
-
£
20
£
-
£
20
£
1,125
£
1,973
£
3,681
£
3,692
£
384
£
93
£
1,947
£
1,981
£
3,057
£
5,246
£
6,127
£
5,557
£
1,620
£
863
£
997
£
604
£
1,405
£
903
£
1,450
£
4,893
£
2,002
£
2,266
£
118
£
3,095
£
-
£
5,171
£
404
£
96
£
233
£
569
£
13
£
2
-£
38
£
39
£
2,502
£
4,081
£
£ 1,380 £ 5,002
4,840
£
4,817
£
217
£
-
£
5,139
£
4,893
£
597
£
497
£
-
£
635
£
-
£
-
£
1,709
£
1,716
£
2,100
£
1,650
£
58
£
1,085
£
-
£
-
£
988
£
817
£
-
£
-
£
-
£
2,341
£
£ 862 £ 602
3,200
£
4,144
£
-
£
6
£
-
£
-
£
-
£
-
£
3,861
£
3,658
£
EXPENDITURE
| |Total Offerings||| |Welcome Centre- Conference hire
Welcome Centre Room Hire
Income from Youth/Childrens work activities
Income - Silver Liners
Provisions Income
Income from Ladies Conference
Gifts and flowers Income
Sheffield Hallam
Underground Party Income
Vision Week donations
Mens Conference ticket income
Charity Shop
Income from Car park
Vending income||| |Charitable Activities||| |Church House Rental Income||| |Trading Income||| |Interest Income||| |||| |Income from Disposals||| |||| |||133,572
£
155,663
£| ## LIBERTY CHURCH Charity No. 1069692 for the year ended 31 December 2020 ## **Mission Fund- detailed transactions** ||**Mission Fund- detailed transactions**|| |---|---|---| |Tithes-Transfer from General Fund
Misc Mission account gifts
Charity Shop
Car Parking Income
Offerings re Covid Response
Offerings re Intern
Grant re Covid Response(Lottery)
Grant re Covid safety (RMBC)
Grant re Foodbank- Samaritans Purse
Donations Re foodbank|**2020**
**2019**
15,189
£
8,353
£
Ywam
7,103
£
1,929
£
HIMS International
961
£
3,437
£
Mattersey
84
£
396
£
R Jumbe Support
PAIS Project
Sierra Leone
Sierra Leone Schools
Romania
Macedonia
Interns
Wycliffe
23,336
£
14,116
£
**2020**
**2019**
400
£
-
£
550
£
-
£
Intern
19,000
£
-
£
Foodrun Staff
450
£
-
£
Covid safety
1,000
£
-
£
Foodbank
706
£
-
£
22,106
£
-
£
**Other Restricted Fund- detailed transactions**
INCOME
Mission account sundry
expenditure
INCOME|**2020**
**2019**
-
£
53
£
-
£
900
£
-
£
50
£
1,650
£
1,450
£
400
£
200
£
-
£
508
£
-
£
917
£
1,016
£
-
£
2,300
£
1,150
£
2,500
£
840
£
840
£
10
£
1,865
£
EXPENDITURE| |||7,366
£
9,283
£| |||**2020**
**2019**
-
£
-
£
550
£
-
£
5,000
£
-
£
450
£
-
£
6,570
£
-
£
~~-~~
~~£~~
EXPENDITURE| |||12,570
£
-
£| |**Fund Summary**|||||| |---|---|---|---|---|---| ||Opening||||Closing| ||Balance|Income|Expenditure|Transfers|Balances| |Free Reserves|22,365|154,676|118,383|(10,122)|48,536| |Fixed Asset Reserves|234,490|||(5,067)|229,423| |Total General Funds|256,855|154,676|118,383|(15,189)|277,959| |Mission Restricted Funds *|11,266|8,147|7,366|15,189|27,237| |Interns|-|550|550||-| |Covid Safety (RMBC)|-|450|450||-| |Foodbank|-|21,106|11,570||9,536| |Total Restricted Funds|11,266|30,253|19,936|15,189|36,773| |Total|268,121|184,929|138,318|-|314,732| * The Mission Fund, the Swinton Fund and the Boiler Fund together make up this total Transfers: 1) £15,189 tithe from General Funds to Mission Funds, 2) £5,067 from Free Reserves to Fixed Asset Reserves relating to additions in the year ## LIBERTY CHURCH Charity No. 1069692 General Information for the year ended 31 December 2020 ## **FIXED ASSETS** |**COST**
At 1 January 2020
Additions
Disposals *
At 31 December 2020
**DEPRECIATION**
At 1 January 2020
Charge for year
On Disposals
At 31 December 2020
**NET BOOK VALUE**
At 31 December 2020
At 31 December 2019|Freehold
Property
Buildings
Vehicles
£
£
£
70,000
135,000
9,765
-
2,450
70,000
135,000
7,315
-
-
3,515
876
583
-
-
3,808
70,000
135,000
3,507
70,000
135,000
6,250|Fixtures
and Fittings
Totals
£
£
93,060
307,825
-
2,450| |---|---|---| |||93,060
305,375| |||69,820
73,335
2,324
3,200
583| |||72,144
75,952| |||20,916
229,423| |||23,240
234,490| In 2020 the Transit Van was stolen, an insurance claim was made and the surplus of Insurance funds received over the vehicles net book value is shown as Income from disposals on the Statement of Financial Activities. ## **CREDITORS** |**CREDITORS**
HMRC (Paye)
NEST re pensions
Thurcroft|2020
-
£
245
£
365
£
610
£|2019
3,116
-
576| |---|---|---| |||3,692| ## **EMPLOYEES** During the year the charity the number of employees was 4 (2019: 4) |Total cost of Employment
Wages and Salaries
Employers NIC
Employers Pension|2020
61,712
£
3,681
£
1,356
£
66,750
£|2019
59,712
£
3,692
£
1,446
£| |---|---|---| |||64,850
£| ## **Restricted Fund Movements** |Mission Fund
Swinton Fund
Boiler Fund
Intern Fund
Covid Response Funds|01/01/2020
Income
Expenditure
31/12/2020
4,833
£
23,336
£
7,366
£
20,804
£
5,433
£
-
£
-
£
5,433
£
1,000
£
-
£
-
£
1,000
£
-
£
550
£
550
£
-
£
-
£
21,556
£
12,020
£
9,536
£| |---|---| ||11,266
£
45,442
£
19,936
£
36,773
£|