# **The Majestic Church** **DRAFT Annual Report and Financial Statements for the Year Ended 5 April 2022 Charity number 1076156 (Registered in England & Wales)** ## **Contents** |Reference and Administrative Information|3| |---|---| |Structure, Governance and Management|4| |Objectives and Activities|5| |Achievements and Performance|6| |Plans for Future|6| |Financial Review|6| |Members of the Trustee Body|7| 2 ## **Reference and Administrative Information** Charity Name The Majestic Church Charity Registration No. 1076156 Registered Office and operational address: Majestic Building, Albert Road, Barnoldswick, Lancashire BB18 5AA ## **Elders** Mr David Lord Mr Garry Pearson (Lead Elder) Mr Richard Priestley (until 1[st] October 2021) ## **Trustees** Mrs Samantha Goff (Secretary) (until 5[th] September 2021) Mr John Hawthorn Mrs Suzanne Hawthorn (minute-taker since 5[th] September 2021) David Taylor (Chairman) ## **Treasurer** Mrs Suzanne Hawthorn ## **Administrator** Mrs Catherine Taylforth ## **Independent Examiner** Mr Tom Atkinson, William Fortune & Sons, Chartered Accountants, Collingwood House, Church Square, Hartlepool TS24 7EN ## **Bankers** Reliance Bank Ltd., Faith House, 23-24 Lovat Lane, London, EC3R 8EB Skipton Building Society, Albion House, Church Street, Barnoldswick BB18 5UT 3 ## **Structure, Governance and Management** ## _**ORGANISATIONAL MANAGEMENT**_ The operational leadership of the charity is provided by the elders, who are in turn recognised and supported by the wider regional structure of Christ Central Churches (which is committed to building the church according to New Testament principles) under the leadership of Jeremy Simpkins. The trustees are responsible for the management of the charity which is also affiliated to the Evangelical Alliance. The elders of the church are: Mr David Lord Mr Garry Pearson (Lead Elder) ## _**GOVERNING BODY**_ The organisation is an incorporated charity with trustees elected at the Annual General Meeting (AGM) of the church in accordance with the Trust Deed and the Constitution. These provide for a minimum of three and a maximum of seven persons who carry legal responsibility for the charity. The trustees are required to meet at least four times a year. The trustees met on the following dates: 4[th] May 2021, 8[th] June 2021, 23[rd] September 2021, 17[th] November 2021, 8[th] February 2022 and 30[th] March 2022 Due to a delay in the accounts being forwarded to the accountants, an AGM has not been arranged to date. The responsibilities following the AGM 2021 were assumed: Chairman - Mr D Taylor Deputy Chair - Mrs S Hawthorn Secretary - Mrs S Hawthorn (since 5[th] September 2021) Treasurer - Mrs S Hawthorn Human resources- Mrs S Goff (until 5[th] September 2021) then afterwards by the trustees Health and Safety - Mrs S Goff (until 5[th] September 2021) then afterwards by the trustees ## _**Recruitment and Appointment of Trustee Body**_ The charity trustees for the purposes of charity law are known as members of the Trustee Body. Under the requirements of the Memorandum and Articles of Association the members of the Trustee Body are elected to serve for a period of three years after which they can be re-elected at the next Annual General Meeting. New Trustees are recruited by direct invitation from the Trustee Body and are identified either by the Trustee Body or by referral to the Trustees. In extending invitations account is taken of the skills present 4 and needed within the Trustee Body. Potential Trustees are invited to attend Trustee meetings as observers and are enabled to familiarise themselves with the organisation. Once mutual agreement as to the suitability of the appointment has been established new Trustees may be appointed to serve as co-opted trustees on the Trustee Body until the next Annual General Meeting. 5 ## _**Trustee Induction and Training**_ Currently new Trustees receive familiarisation during the pre-election period of their association with the Board. Familiarisation includes: sitting in on Trustee meetings, an introduction to the various aspects of the work, including strategic planning documents. Relevant guidance publications from regulatory bodies are provided to all new Trustees. If deemed necessary, Trustees will be encouraged to attend relevant training and refresher courses on an ongoing basis. ## **Objectives and activities** ## _**Charitable Objectives**_ The objects of the charity are to encourage a wide range of activities which provide benefit to active members of the church and the wider communities in the West Craven district (including Barnoldswick, Earby etc.) and beyond. The charity carries out charitable activities for the public benefit. ## _**Primary Objectives**_ - To seek, save, and disciple the lost - To relieve those in poverty; and support those in special need ## _**Activities in support of Primary objectives**_ The following top level objectives have been agreed: - to be actively engaged in mission outreach, through - involvement with the town events - inter-church mission events across the wider region - individual and team participation in outreach abroad. - to host a PAIS worker who will work with a team in Pendle to share the Christian message into schools in the area (where PAIS work in Pendle) - to respond to the needs of the people of the local area through social action. - provide courses, such as Freedom in Christ, Friendship First and Joining the Family, for the church community to grow ## _**Risk Management**_ The Trustees are constantly reviewing the churches objectives and policies, including risk assessments, currently there are no major risks to which the Charity is exposed, nor were there policy issues to be addressed. Responsibility for monitoring and action rests with the Trustees. 6 ## _**Organisational Structure**_ Day to day operational leadership is delegated by the Trustee Body to the Lead Elder (LE). The Trustee Body is a policy making Body, having adopted the Carver principles of governance. It sets policies that are needed and sets policies for the strategic ends of the Charity for a rolling plan that is reviewed each year. For governance, the Trustee Body interfaces with the LE, who is free to make decisions within the bounds of the strategic plan and governance parameters. The LE is invited to all trustee meetings and provides progress against objectives and the strategic plan, and any exceptions to governance parameters. ## **Achievements and Performance** ## **Plans for Future Periods** To look at co-hosting a PAIS worker with other churches in Barnoldswick when/if PAIS are able to put together a Pendle team, If PAIS returns to Pendle then we hope to rebuild relationships with schools once again and provide a mid-week group for pupils of West Craven High. The trustees are aware of the need to repair/replace the false ceiling in the fellowship room. Estimates for the work have been obtained but it has been agreed to put this on hold until finances are at a greater level. The exterior of the building and doors to be repainted (planned for 20222023) To continue to provide financial assistance to local charities where possible. Planning events alongside local community events where possible. ## **Financial Review** ## _**Presentation of the financial statements**_ The financial statements have been prepared in accordance with The Charities Act (Accounts and Reports) Regulations and The Charity Commission Statement of Recommended Practice 2005 Accounting and Reporting by Charities. ## _**Reserves Policy**_ The Trustees have set a policy on reserves that there should be sufficient for normal expenditure of a minimum of 3 months. ## _**Investment Policy**_ Funds that are not required to meet expenditure are invested in the short term in a deposit account. The Charity therefore does not seek to invest for the sake of income 7 ## _**Principal funding resources**_ Our total income including the restricted for the financial period 1st April 2021 - 31st March 2022 was £31,141. Our total expenditure including the restricted for the same period was £36,791. 8 ## **Statement of Trustees Responsibilities** The Charities Act require the trustees (under Charity Law) to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial period. In preparing those financial statements, trustees follow best practice and: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgments and estimates that are reasonable and prudent; - • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements, and - prepare the financial statements unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. The trustees 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. The trustees are also responsible for the contents of the Annual Report, and the responsibility of the independent examiner in relation to the Trustees Report is limited to examining the report and that ensuring on the face of the report there are no inconsistencies with the figures disclosed in the financial statements. This report has been prepared in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities (revised 2005). ## **Members of the Trustee Body** The Trustees, who are trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 3. In accordance with charity law, as the trustees of the charity, we certify that: - so far as we are aware, there is no relevant financial information of which the charities Independent Examiner was unaware; and - we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant financial information and to establish that the Charity’s Independent Examiner is aware of that information. 9 ## _**Independent Examiner**_ Tom Atkinson of William Fortune & Sons was appointed as the charity’s Independent Examiner and has expressed his willingness to continue in that capacity. David Taylor (Chair of Trustees) 10 MAIESTIC CHURCH STATEMENT OF FINANCIAL POSITION AT 31ST MARCH 2022 '2022 '2021 CASH AT BANK AND IN HAND Reliance Current account Communitysaver Cash 2.164 4.867 3.081 9.340 80 12.501 7.031 REPRESENTED BY Unrestricted funds Creditor5 (accounts 2020. 2021 and 2022} 6,509 522 7.031 12,159 342 12,501 li MAIESTIC CHURCH STATEMENT OF FINANCIAL AcnvrnES FOR THE YEAR 1ST APRIL 2021 TO 31sr MARCH 2022 '2022 '2021 INCOMING RESOURCES Donations Tax reclaimed under gift aid Room hire Sundry income nk interest 25,066 3,258 2,277 508 32 31,141 27,633 4,159 72 32 31,896 RESOURCES EXPENDED Charitable givin8 Music Visiting speakers 2,762 692 440 6,842 Management and administration Salaries and adrnini5tration Insurances DBS & safeguarding LighL heat and water Plus Equipment repairs Building repairs Postage, stationery and office supplies Subscriptions and licenses Bank charges Sundry expenses 22,854 2,433 20.258 1,635 623 1,889 529 3,732 371 1.690 410 533 577 76 221 605 30 459 32,870 36.791 Deficit -5.650 -974 12 MAJESTIC CHURCH Charitable Giving FOR THE YEAR 1ST APRIL 2021 TO MARCH 2022 Adopt a child Ministries Christ Central Food for thought Josefs fund Kids Klub Other giving Prayer ministry Sunday school 256 30 1.095 21 255 16 925 £2,762 13