DocuSign Envelope ID: 66FA2E04-77D3-4DC9-8E69-AB58E10CBD76
**REGISTERED COMPANY NUMBER: (England and Wales) REGISTERED CHARITY NUMBER: 1071300**
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2021
for
Barnabas Fellowship of Churches Trust
Avalon Accounting Limited 12 Park Lane Tilehurst Reading Berkshire RG31 5DL
DocuSign Envelope ID: 66FA2E04-77D3-4DC9-8E69-AB58E10CBD76
Barnabas Fellowship of Churches Trust
## Contents of the Financial Statements for the Year Ended 31 December 2021
|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|2|
|Statement of Financial Activities||3||
|Balance Sheet|4|to|5|
|Notes to the Financial Statements|6|to|10|
|Detailed Statement of Financial Activities|11|to|12|
DocuSign Envelope ID: 66FA2E04-77D3-4DC9-8E69-AB58E10CBD76
## Barnabas Fellowship of Churches Trust
## Report of the Trustees for the Year Ended 31 December 2021
The trustees present their annual report and accounts for the year ended 31 December 2021.
## **Objectives**
Barnabas seeks to plant or support churches that meet the needs of the area in which they are located. Barnabas also seeks to provide a framework for relationship where Christians can come together for mutual support and encouragement. Barnabas England also provides covering and support for church leaders by means of accreditation. Barnabas is a member of the Evangelical Alliance in the UK.
## **Report**
2021 was a challenging year due to the continued impact of Covid 19.
There are 6 Barnabas England churches and communities located in Plymouth, Leicester, Ely, Rockwell Green nr Taunton and Reading. We also have churches, ministries and individuals who associate with us through our ministry, training, and events.
Due to ongoing restrictions we continued to use Zoom to gather leaders together. We held several online prayer meetings following days of fasting and prayer. A planned conference was postponed due to the restrictions in place and was replanned for January 2022. We supported our member churches where we could during the year in giving advice on how they could support church members during the pandemic. Several churches were able to make use of the streamed content from The Gate in Reading. Several visits were made to member churches where it was possible to do so.
The Turning the evangelistic initiative that sits in the 'umbrella' of ministries that Barnabas covers was able to hold missions in both England and Switzerland although both had reduced numbers involved due to Covid.
Plans for the launch of a new ministry called New Carmel Prophets also began. The plan is to draw churches together in geographic areas to be praying for their locality, and to hear and then share what they feel the Lord is saying into a national team of recognised prophetic leaders.
The work of Barnabas internationally has also continued which is led by individuals from amongst churches and projects in the nations where we are located called the International Oversight Team (IOT) . Much of the focus this year went on supporting nations where Covid had a high economic impact. We were able to divert some funding for immediate relief of food poverty and also work strategically with teams in nations to help them to think through how they could support themselves in the extremely challenging season. In one instance a new project was started breeding and selling chickens in a church in Zimbabwe. This project is now being replicated across the rest of the churches in Zimbabwe and also begun in Zambia.
Barnabas over the year continued to relate to other church denominations and streams including the Baptist Union of Great Britain, Salt and Light, Fresh Streams and others.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document and a deed of trust.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
(England and Wales)
## **Registered Charity number**
1071300
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## Barnabas Fellowship of Churches Trust
Report of the Trustees for the Year Ended 31 December 2021
## **Registered office**
384, The Meadway Tilehurst Reading Berkshire RG30 4NX
## **Trustees**
Mrs. Janet Barfoot Mr. Gareth Owen Mr. Robert House Mr. Cameron Crawford 02 December 2022 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... Mr. Gareth Owen - Trustee
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## Barnabas Fellowship of Churches Trust
## Statement of Financial Activities for the Year Ended 31 December 2021
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
33,248
**Charitable activities**
Charitable
7,698
Other trading activities
2
-
Investment income
3
4
**Total**
40,950
**EXPENDITURE ON**
**Charitable activities**
Charitable
43,475
**NET INCOME/(EXPENDITURE)**
(2,525)
**Transfers between funds**
9
(16,941)
**Net movement in funds**
(19,466)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
90,392
**TOTAL FUNDS CARRIED FORWARD**
70,926|Restricted
fund
£
73,849
20,020
-
3
93,872
85,604
8,268
(5,893)
2,375
(2,375)
-|2021
Total
funds
£
107,097
27,718
-
7
134,822
129,079
5,743
(22,834)
(17,091)
88,017
70,926|2020
Total
funds
£
51,756
53,582
12
20|
|---|---|---|---|
||||105,370|
||||83,174
22,196
-|
||||22,196
65,822|
||||88,018|
The notes form part of these financial statements
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## Barnabas Fellowship of Churches Trust
## Balance Sheet 31 December 2021
|Unrestricted
Restricted
fund
fund
Notes
£
£
**CURRENT ASSETS**
Debtors
5
355
-
Investments
6
-
-
Cash at bank
19,966
51,247
20,321
51,247
**CREDITORS**
Amounts falling due within one year
7
(642)
-
**NET CURRENT ASSETS**
19,679
51,247
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
19,679
51,247
**PROVISIONS FOR LIABILITIES**
51,247
(51,247)
**NET ASSETS**
70,926
-
**FUNDS**
9
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|2021
2020
Total
Total
funds
funds
£
£
355
267
-
(10,183)
71,213
101,356
71,568
91,440
(642)
(3,422)
70,926
88,018
70,926
88,018
-
-
70,926
88,018
70,926
90,393
-
(2,375)
70,926
88,018|
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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## Barnabas Fellowship of Churches Trust
## Balance Sheet - continued 31 December 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
02 December 2022
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
Mr. Gareth Owen - Trustee
The notes form part of these financial statements
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Barnabas Fellowship of Churches Trust
Notes to the Financial Statements for the Year Ended 31 December 2021
## **1. ACCOUNTING POLICIES**
## **BASIS OF PREPARING THE FINANCIAL STATEMENTS**
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **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.
## **TAXATION**
The charity is exempt from corporation tax on its charitable activities.
## **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.
## **2. OTHER TRADING ACTIVITIES**
|**2.**|**OTHER TRADING ACTIVITIES**||||
|---|---|---|---|---|
|||2021||2020|
|||£||£|
||Other Income||-|12|
|**3.**|**INVESTMENT INCOME**||||
|||2021||2020|
|||£||£|
||Interest Income-Unrestricted||7|20|
Page 6
continued...
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Barnabas Fellowship of Churches Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
Mr Gareth Owen received a retainer of £11,327 (2020 - £6,000) Mrs Janet Barfoot received a retainer of £16,777 (2020 - £921 + £11,548) Mr Robert House received a retainer of £5,601 (2020 - £6,646)
## **TRUSTEES' EXPENSES**
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
## **5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Prepayments and accrued income
**6.**
**CURRENT ASSET INVESTMENTS**
Uncategorised Assets
**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 8)
Accrued expenses
**8.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts||2021
£
355
2021
£
-
2021
£
-
642
642
2021
£
-|2020
£
267
2020
£
(10,183)
2020
£
2,828
594
3,422
2020
£
2,828|
|---|---|---|---|
|||||
continued...
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## Barnabas Fellowship of Churches Trust
## Notes to the Financial Statements - continued for the Year Ended 31 December 2021
## **9. MOVEMENT IN FUNDS**
|At 1.1.21
£
**Unrestricted funds**
Unrestricted Fund
90,392
**Restricted funds**
Restricted Fund
(2,375)
**TOTAL FUNDS**
88,017
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
Unrestricted Fund
**Restricted funds**
Restricted Fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
Unrestricted Fund
**Restricted funds**
Restricted Fund
**TOTAL FUNDS**|Net
movement
in funds
£
(2,525)
8,268
5,743
Incoming
resources
£
40,950
93,872
134,822
At 1.1.20
£
64,138
1,684
65,822|Transfers
between
At
funds
31.12.21
£
£
(16,941)
70,926
(5,893)
-
(22,834)
70,926
Resources
Movement
expended
in funds
£
£
(43,475)
(2,525)
(85,604)
8,268
(129,079)
5,743
Net
movement
At
in funds
31.12.20
£
£
26,255
90,393
(4,059)
(2,375)
22,196
88,018|
|---|---|---|
continued...
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## Barnabas Fellowship of Churches Trust
## Notes to the Financial Statements - continued for the Year Ended 31 December 2021
## **9. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|Incoming
resources
£
**Unrestricted funds**
Unrestricted Fund
104,800
**Restricted funds**
Restricted Fund
570
**TOTAL FUNDS**
105,370
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
At 1.1.20
in funds
£
£
**Unrestricted funds**
Unrestricted Fund
64,138
23,730
**Restricted funds**
Restricted Fund
1,684
4,209
**TOTAL FUNDS**
65,822
27,939|Resources
Movement
expended
in funds
£
£
(78,545)
26,255
(4,629)
(4,059)
(83,174)
22,196
Transfers
between
At
funds
31.12.21
£
£
(16,941)
70,927
(5,893)
-
(22,834)
70,927|
|---|---|
|A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as|A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as|A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as|A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as|
|---|---|---|---|
|follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|Unrestricted Fund|145,750|(122,020)|23,730|
|**Restricted funds**||||
|Restricted Fund|94,442|(90,233)|4,209|
|**TOTAL FUNDS**|240,192|(212,253)|27,939|
continued...
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Barnabas Fellowship of Churches Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
## **10. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2021.
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## Barnabas Fellowship of Churches Trust
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Donations & Legacies
Gift Aid Tax Recovery
**Other trading activities**
Other Income
**Investment income**
Interest Income-Unrestricted
**Charitable activities**
Income from Charitable Activities
International-Restricted
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Staff Retainer Expenses
Staff Cost
SPT-Rrestricted
Conference & Meeting Fees
Insurance-Unrestricted
Emaus Project
Turning Expenses
BFOC NI Expenses
DBS Expenses
Travel Expenses-Unrestricted
**Support costs**
**Management**
Trustees salaries-Unrestricted
Trustees' Retainer Expenses
Wages|Detailed Statement of Financial Activities
for the Year Ended 31 December 2021|2021
£
4,875
98,970
3,252
107,097
-
7
10,072
17,646
27,718
134,822
18,645
2,725
856
4,470
687
31,000
24,403
2,724
729
6,166
92,405
-
33,705
-
33,705|2020
£
2,770
44,167
4,819|
|---|---|---|---|
|||||
||||51,756
12
20
53,582
-|
||||53,582|
||||105,370
15,202
1,293
-
4,629
578
6,000
14,232
3,782
1,625
5,157|
||||52,498
1,517
6,221
21,186|
||||28,924|
This page does not form part of the statutory financial statements
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## Barnabas Fellowship of Churches Trust
|**Management**
**Finance**
Bank charges
**Other**
Remember-Restricted
Computer Software Cost
Subscriptions
Repairs & Maintenance- Unrestricted
**Governance costs**
Accountancy and Independent
Examination-Unrestricted
Total resources expended
**Net income**|Detailed Statement of Financial Activities
for the Year Ended 31 December 2021|2021
£
428
600
288
972
39
1,899
642
129,079
5,743|2020
£
324
-
286
548
-|
|---|---|---|---|
|||||
||||834
594|
||||83,174|
||||22,196|
This page does not form part of the statutory financial statements
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