Charity Registration No. 1069853
THE FRIENDS OF HOLY TRINITY, RAYLEIGH
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2022
LEGAL AND ADMINISTRATIVE INFORMATION
| Charity number | 1069853 | ||
|---|---|---|---|
| Trustees | Jane Brown | Chairman | |
| Ian Gale | |||
| Gordon Simmonds | |||
| 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 | |||
| 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 |
8
THE FRIENDS OF HOLY TRINITY RAYLEIGH
TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022
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 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 £38,866 (2021: £88,334) and the expenditure on the generation of voluntary income for the year was £381 (2021: £63) and after having paid the PCC of Rayleigh £95,000 (2021: £20,000) the balance carried forward to 2023 is £23,935 (to 2022 was £80,450). The total raised through The Friends and passed to the PCC since The Friends started in 1996 to the end of December 2022 is £711,000 (up from £616,000 at the end of 2021).
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:
a) select suitable accounting policies and apply them consistently;
b) observe the methods and principles in the Charities SORP;
c) make judgments and accounting estimates that are reasonable and prudent;
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
9
THE FRIENDS OF HOLY TRINITY RAYLEIGH
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
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:
10
THE FRIENDS OF HOLY TRINITY, RAYLEIGH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS OF THE FRIENDS OF HOLY TRINITY, RAYLEIGH We report on the financial statements of The Friends of Holy Trinity, Rayleigh for the year ended 31 December 2022 as set out on pae$ 2 to 7. (pages 12-17 in this booklet) This report is made solely to the charity's trnstees, as a body, in accordance with section 145 of the Charities Act 2011. Our work has been undertaken so that we might state to the ¢harity's trustees those matters we are required to state to them in this report and for no other purpose. To the fullest extent p¢rniitt¢d by law, w¢ do not a¢c¢pt or assume responsibility to anyone other than th¢ Gharity and the Gharity'5 tru5t¢¢s a5 a body, for our work, for this report, or for the opinions we have fomied. Respective responsibilitie5 of trustees lld exttminer The charity's trustees are responsible for the preparation of fmancial statements. The charity's tsustees consider thAt Xll Aiidit iq nnt reqiiired fnr thi£ year under Sectinn 144(2) nf the Charitieq Act 2011 ('the 2n1 l Act,) thAt an independent examination is needed. It is our responsibility to- a. Examine the financial statements under section 145 of the 2011 Act: b. To follow the pro¢¢dur¢s laid down in the General Directions given by the ChaTity Commission under sedion 145(5)Ib) of the 2011 Act.. and . To stste whether particular matters have come to our attention Basis of independent examiller's report Our cxamination wa5 ¢aTri¢d out in ac¢ordan¢¢ with th¢ G¢n¢ral Dir¢ctions giv¢n by th¢ Charity Commission. An ¢xaminaliun inLludcs ti i¥vi¥w UI th¥ ILuuut1[i i¥wrds k¥pL by (h¥ htlLY it Lumpi1vn ufthc fInaniidl statements pre5¢Tlted with those Teeords. It also includes consideration of hny unusual iterns of disclosures in the financia] statements and seeking explanations from you as 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 financial statements 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 Gonncction with our examination, no matter has come to our attention: Which gives me re&8onable cause to believe that in any material respe the Tequirements: To keep cOUntIng records in CordanCe with stIon 130 of the 2011 Act" and To prepare f]nanclal STatements whlch accord wlth the accounthlg records and comply with the a¢countinR requirements of the 2011 ACL havc not bcen met. or To which, in our optnion, atntion should be drawn in order to enable a proper undersranding of the fmancial statements to b¢ T¢a¢h¢d. BSW Chart¥trd AUwUnlS 162-104 High street Rayleigh Essex SS6 7BS 2 February 2023 li
THE FRIENDS OF HOLY TRINITY RAYLEIGH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YLAR ENDED31ST DECEMBER 2022 Unrcstrict¢d Total 2022 Total 2021 Incorning resourtes Notes Incoming rcsourccs from Renerated Funds: Voluntsry Incornc 38,866 38,866 88,334 Total incoming resour¢¢s 38,866 38.866 88.334 Resources eipend¢d Costs of generating funds: Cost of generating voluntary income Charitsble aciiviiies 381 95.(K)O 381 95,000 63 20,OLXJ Total resources expended N¢t nboveJD¢nt in Funds (56,515) (SA515) 68,271 Fund balanc¢s broughi forward 80.450 Fund balances carried forward RO 450 12
THE FRIENDS OF HOLY TRJNITY RAYLEIGH FOR THE YEAR ENDED 31ST DECEMBER 2022 Notes 2022 2021 REN'f ASSET Debiors Cash at Bank & In Hand 23,935 80,450 ALLINCJ DUE WI'I'HIN I YEAR NoTJe NET CURRENT ASSETS NET ASSETS 23,935 FUND Unrestyicted Incomc Funds io 23,935 80.450 TOTAL FUNDS 23,935 80.450 Th¢ finan¢ial 5tatcmcnts wcre approved by the ttustees on 2 FebTUW 2023. and signed on their behalf by lan G4ie Trustee 13
THE FRIEIYDS OF HOLY TRINITY, RAYLEIGH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Aeeounting policies Basi5 of ae¢ounting The financial stat¢ments have been prepared undeT the historical cost convention witb items recogniscd at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have b¢¢n pr¢par¢d in arxordance with the Statement of ReGornukcnd¢d Pradice: A¢Gounting and R¥poiling by Charili¥s piepariJig th¢ii accouiits ui aOrdl¢e widi thc PTovisions of Section l A "Sniall Eniities" of Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in July 2015 and the Financial R¢portillg Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. Incoming resources All incoming resources are included in the statement of financial activitie5 when the charity 15 entitled to the incorne and the amount can be quantified with re&8onable accuracy. The following specific policies are applied to particular cat¢gories of income. Volunlary income is received by way of 8rants, donations and Sifts and is included in full in the statement of fmancial activities when receivable. Grdnts where ¢Thtitlem¢nt is not Conditional on th¢ d¢1]v of a specific perfonnance by the charity are recognised when the charity Ixcomes unconditioDally entitled to the grant. Donated services and facilities ar¢ included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included. Gifts donatsd for r¢sal¢ ar¢ inGlud¢d as incoming rCSOU¢s within activitics for gcncrating funds whcn thcy a sold. IJ Resources expended Expenditure is recognised on an accrual basis as a liability is incurred. Exp¢ndRtUTe includes any VAT which cannot b¢ fi]Ily recovere4 and is reported as part of the expenditure to which it Telates. Costs of generating funds cornprise the costs associated with attracting voluntary income and the costs of trading for ndraiSing purposes including the charity's shop. Charitable expenditure comprises those costs incurred by the cRwity in the delivery of its activities and services for its beneficiaries. It includes both costs that can b¢ allocated directly to such adivities and thos¢ rosts of an indirect nature necessary to support them. Fulld aeeoullting Unrestrieted funds All funds received by the charity are unrestricted funds which it may use for its pUoseS at its discretion. This can include the lfIlment of charitable objectives. incurring costs to generdte funds and administrdtive SUDDOrt costs. 14
THE FRIENDS OF HOLY TRINITY RAYLEIGH NOTES TO THE FITrIANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 Voluntry llleome UJwestrict¢d uT]ds 2022 2021 Donations Gift Aid recovered 37.656 .210 37,656 1.210 86,545 1,789 38.866 J8.866 88.334 Cost of generati% voluntary Income U]Jrcstrictcd ullds 2022 2021 Fundraising events Sundry adroiDistrive expenses 360 21 360 21 32 31 381 381 63 Charitabk activiti¢s Ullr¢stri¢t¢d llnds Total 2021 2022 PaYclrttO PCC of Raykigb 95.OOU 95,000 Employe No salariG5 or Wdgcs paid to anploy¢es. iD¢Mding trSte¢s. durtngthis or the PT¢¢eding &T. Trmtees. emolumemts No trustee received emolu1 or had expa)ses reimbursed durinB the year. Debtors 2022 2021 Other dtbtOTS cditOrs.. Amounts falling dut within on¢ ycaT 2022 2021 Amalysis of et assets between fuDd Unrcstricted Funds Total Funds Fulld balanrcs at 31st D¢¢emb¢r 2022 as reptescllicd by.. Currcnt A5scts Rn 4.sn 15
THE FRIENDS OF HOLY TRINITY RAYLEIGH NOTES TO THF. FINANCIAL STATF.MENTS FOR THE YEAR ENDED 31ST DE EMBER 2 io Uwre5trlc¢ed FU15 As al 1st JaDIIIJry 2022 Outgolni As at 31st December 2022 Tesoun¢s 38,866 95.381 Conirnl In thc opill1 of th¢ tru5tccs th¢ tharity controlled by ather paTty. 16
THE FRIENDS OF HOLY TRINITY RAYLEIGH 2022 2021 Donations - General Donations- Lights Dedications Members UbScrIPtIOnS Garden Trail Christmas Cards Pat Greensmith's Cards (note 2) Christmas Tree Festival Concert - Cantare Concert - Orpheus Concert - LadyBird Quiz Evening Sue Squire's Swimming Pool Donations Teddy Parachute Jump Books & Second Hand Books Annual General Meeting Easy Fund Raising Sponsored Virtual Walk Gift Aid Tax refund Bank Interest Postage & Stationery Bequests Foundation Day Charitie5 Fair Coffee Morning Games Evening Miscellaneous (note 3) Service of Light Nina Trippier Donation (note 4) Memorial - Betty Herbert Memorial - Sally Hall Memorial - Dave Turner Kentwell Hall Music Man Project Refreshments (note 5) Banner 1,507 775 2,584 4,259 57 692 695 2,608 4,281 124 35 24 1,184 1,088 945 436 50 654 331 538 3,307 1,215 19 25 1,539 1,210 923 956 1,789 21 31 13,552 44 1,237 403 179 75,000 164 li 44 loo 559 254 1,251 134 527 72 124 38,866 381 88,333 63 381 63 38,485 95,000 88,271 20,000 (56,515) 68,271 For note5 see page 7 17