Charity Registration No. 1069853
THE FRIENDS OF HOLY TRINITY, RAYLEIGH
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2021
LEGAL AND ADMINISTRATIVE INFORMATION
Charity number 1069853 Trustees Jane Brown Chairman Ian Gale The Revd David Oxtoby (Rector) (until July 2021) Vice Chairman Gordon Simmonds (from September 2021) Charity Address The Parish Office Rectory Garth Rayleigh Essex SS6 8BB Independent Examiner ESW Chartered Accountants 162-168 High Street Rayleigh Essex SS6 7BS Bankers Barclays Bank Plc 63-65 High Street Rayleigh Essex SS6 7EL
| Bankers Barclays Bank Plc 63-65 High Street Rayleigh Essex SS6 7EL |
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|---|---|
| CONTENTS | Page |
| Trustees' report | 9-10 |
| Independent examiner's report | 11 |
| Statement of financial activities | 12 |
| Balance sheet | 13 |
| Notes to the financial statements | 14-16 |
| Detailed Statement of Financial Activities | 17 |
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THE FRIENDS OF HOLY TRINITY RAYLEIGH
TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their report and the financial statements for the year ended 31 December
- The trustees who served during the year and up to the date of this report are set out in the legal and administrative information page.
Structure, governance and management
The charity is governed by a constitution adopted 24 October 1996 as amended 10 May 1998. The board of trustees is authorised by the constitution to appoint new trustees to fill vacancies arising through the resignation or death of an existing trustee.
Objectives and activities
The charity's objectives are the restoration, preservation, repair, maintenance, improvement, beautification and reconstruction of the church of Holy Trinity Rayleigh and its ancillary church buildings. The charity also seeks to restore, preserve, repair, maintain, improve, beautify and reconstruct the above church as a building of historical importance or architectural value in the event of the church being made redundant or otherwise ceasing to be used regularly for public worship.
During the year the charity carried out some fundraising activities (limited by the effect of the Covid-19 pandemic) to increase funds thus enabling a grant to be made to the church.
The trustees are mindful of the Charity Commission's general guidance on public benefit, and also of its supplementary public guidance on the advancement of religion for the public benefit, when considering the objectives of the Friends of Holy Trinity as described above. Throughout the year the Friends of Holy Trinity have undertaken activities in the furtherance of its stated objectives and believes that these activities have provided public benefit to members of the congregations, members of the Friends and the wider community of Rayleigh.
Financial review
The income for the year was £88,334 (2020: £11,466) and the expenditure on the generation of voluntary income for the year was £63 (2020: £153) and after having paid the PCC of Rayleigh £20,000 (2020: £18,000) the balance carried forward to 2022 is £80,450 (to 2021 was £12,179). The total raised through The Friends and passed to the PCC since The Friends started in 1996 to the end of December 2021 is £616,000 (up from £606,000 at the end of 2020). Statement of trustees' responsibilities
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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a) select suitable accounting policies and apply them consistently;
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b) observe the methods and principles in the Charities SORP;
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c) make judgments and accounting estimates that are reasonable and prudent;
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d) state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.
e) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation
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THE FRIENDS OF HOLY TRINITY RAYLEIGH
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. On behalf of the trustees
Ian Gale Trustee
There now follows:
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FRIENDS OF HOLY TRINITY RAYLEIGH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS OF FRIENDS OF HOLY TRINITY RAYLEIGH We report on the fmancial statem¢nts of Friends of Holy TTinity Raylcigh for the year ended 31 December 2021 a5 scl out on page5 2 to 7. (pages 12-17 in this booklet) This report is made solely to the charity's trustees. &$ a body. in accordance with section 145 of the LhaTilies Act 2011. (hjr work ha5 been undertaken so that we might state to the charity's trustee5 those matters we are required to stste to them in this report and for no other pury)ose. To the fullest extent pmitted by law, we do not accept OT sume re$pon5ibility to anyon¢ othcr than thc charity and the charity's trusiees &$ a Ixjdy. foT our woTk. foT this repoit or for the opinions we have forned. Respective responsibilities of trustees gnd ex*mikner The charity's ITUStees are responsible for the preparation of fmancial statements. The charity's 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 As needed. It is our responsibility 10: & Examin¢ the financial slatcmcnts under section 145 of the 201 l Act: b. To follow the procedures laid down in the General Directions given by the Charity Commission under se10n 145(5)(b) ofthe 2011 A- and . To stste wh¢th¢r particul rnattcrs bav¢ cotn¢ to our attention Basis of independent examiner's report Our examination was carried out in aceordanee with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a compgrison of the financial statements presenied with those Tecords. It also includes consideration of any unusual items of disclosures in the fmancial ststements and seeking explanation5 from you as tru5tce5 concerning any such matters. The procedure5 undertaken do not provide all the evidence that would be required in an audit. and consequently no opinion is given as to whether the finayjcial statements pre5¢nt a 'true and fair view. and the Teport is limited to those matters set out in the statement below. Independent ¢xgmiller'5 s¢aternenl In connection with our examination. no matter has Come to OUT attention: l. Wbi¢h give5 me reasonable cause to believe that in any material respect the requircments: To keep accounTlng T¢wrd5 in accordance with section 130 of the 2011 Affj and To Prepare financial statements which accord with the accounting record5 and comply with the accounting requirements of the 2011 A¢t; have not been met. or To which, in our opinion, attention should be drawn in order to enable a woper understanding of the rmancia] statements to be reached. ESW Chartered Accountants 162-164 High Sw¢¢t Rayleigh E55ex SS6 7BS 9 February 2022 li
FRIENDS OF HOLY TIUNITY RAYLEIGH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST D CEMBER 2021 Unrestricted liunds I'otal 2020 Intoming rtsour Notes 2021 Incoming rc50urc¢s from generated Funds.. Voluntsry income 88.334 88.334 11.466 Total incoming resources 88,334 11,466 Rttources exptnded Costs of geneTatin8 fidS.. Cost of generating voluntary income ChaTitable activities 63 20,000 63 20.0(KJ 153 18.000 Totsl Tesourtes expended 20.063 20.063 18.153 Net movtment in Fund5 68.271 68,271 (6,687) Fund ba]ances brought forward 18.866 Trund ba]ances Caled forward 80.450 80.450 12,179 12
FRIENDS OF HOLY TRINITY RAYLEIGH BALANCE SHEET FORT E YEAR ENDED 31ST DECEMBER2021 Notss 21121 2020 RRENT AS D¢btors Cash at Bank & In Hand 80.450 12,179 IT CJD None NETCURRENT ASSETS 12.179 NE ASSETS 80.45Q 12.179 UnrcstrieÉed Incom¢ FuE)ds io 12.179 Th¢ financia] 5tat¢m¢nts w¢r¢ approvcd by th¢ truslecs on 9 F¢bruary 2022 and signed on their behalf by Gale Trustee 13
FRIENDS OF HOLY TRINITY RAYLEIGH IYOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Accounting policie5 B85is of ac¢DlIDting The financial statements 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 fmincial statements have been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the provisions of Section IA "Smal Entities" of Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in July 2015 and the Financial Reporting Standard applicable in the United Kin8dom and Republic of Ireland (FRS 102) and the Chariti¢s A¢t 2011. Incoming resources All incoming sourCeS are included in the Statement of fmaTJcial activities when the charity is entitled to the income aTJd the amount can be quantified with reasonable accuracy. The following specific policies are applicd to particulat catcgorics of incom¢. Voluntary income is received by way of grants. donations and gifts and is included in full in the statement of fmancial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific perfom)ance by the charity are recognised when the charity becomes unconditionally entitled to the grant. Donated service5 and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included. Gifts donated for resale are included as incorning resources within activities for generating fimds when they are sold. IJ Resourees expended Expenditure is recognised on an accrual basis &s a liability is incurred. Expenditure includes any VAT which cannot be fully recovered. and is reported as part of the expendinwe to which it Telates. Costs of generdting fimds comprise the costs associated with attracting voluntary incorne and the costs of trading for fundraising purposes including the charity's shop. Charilable expenditure comprises those costs incuffed by the Charity in the delivery of its actt"vities and seryi¢es for its beneficiaries. It includes both costs that can be allocad directly to such activities and those costs of an indirect nature necessary to support them. Fund accounting Unrestrieted funds All funds received by the charity are unrestricted fiRDds which it may use for its PUTposes at its discretion. This can include the fulfi]ment of charitable objectives, InCulg costs to generate fidS and admiDi5trative support costs. 14
FRIENDS OF HOLY TRNITY RAYLEIGH NOTE TOTHEF NA c.1 TAT&MEN'I FOR THL YEAR EDED31sT DELEMBER 2021 VoluDlry Income UDTCSViCted Funds Totsl 2025 2020 86.545 86,545 10,481 985 Gift Aid TecoveTed 88.334 11.466 Cosi of g¢ner4ting voluntary Unrestriaed Futtds Total 2021 2020 FunthaisinB evcnts Sundry kntrats'v¢ cxpellscs 32 32 31 133 20 63 153 Cbxrilble Attivitits 2021 2020 Paymelli PCC of Rayleigb 20.000 18.0(M) Employees No sarl¢S OT wages were paid io employees. tticludmg tr$$, during this or th¢ pr¢c¢diDg y. Trwqlees, erno14llnents No trystee received eJnoluTnents QT had Cxp¢S r¢ymbur5ed during the year. Dehlors 2021 2020 Oth¢r d¢btors Creditor5". Amounts fallinA duc Ithin one year 2021 2020 Au•lyJts of Det •8sets bttveer& fttthds UDf¢stri¢ted Tothl FuDd b31aDces it 31st Dc¢¢mbcT 2021 as reprented by". Currcnt As5¢ts Is
FIUENDS OF HOLY TRINITY RAYLEIGH OTES TO THE FINANCIAL STATEMENTS FOR'fHE YEAR ETriDED 31ST DECEMBER 2021 io iJDrestricted Funds As at 1st JAIIUSry ID¢OJIIIDg Outgoillg As*t31s¢ Deternhtr 2021 2021 General Fuod 12.179 88.334 20,063 Ji Coutrol ID thc OPilliOD of the trusttts the charity is nol controlled by another paty. 16
THE FRIENDS OF HOLY TRINITY RAYLEIGH FOR THE YEAR ENDED 31ST DECEMBER 2021 2021 2020 INCOME EXPENSES INCOME EXPENSES Donations - General Donations- Lights Dedications Mcmbcrs Subsctiptions Garden Trail Christmas Cards Pat Greensmith's Cards Christmas Tree Festival Concert- LadyBird Quiz Sheets Coach Outing Sue Squire's Swim Pool Donations Book5 & Second Hand Book5 Sponsored Virtual Walk Gift Aid Tax refund Postage & Stationery Bequests Drop in coffee morning Games Evening Mioccllancous 692 695 2,688 4,281 124 2,010 980 3.021 3,035 50 24 35 88 42 436 50 50 654 923 956 1,789 522 245 985 31 20 75,000 47 483 25 io li Total Income less Expenses 88,334 63 11,466 153 Less Expenses 63 153 Net Income generated Payment to PCC of Rayleigh 88,271 20,000 11,313 18,000 Net surpluslldeficitl for the year 68,271 16,6871 17