Open Door Church Sunbury
Report and Accounts Year ended 31 March 2023
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
OPEN DOOR CHURCH SUNBURY
COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023
Trustees
Barry Colyer Stephen Goater Emma Hawthorn (appointed 31 May 2023) Timothy Patrick (resigned 30 March 2023) Gavin Rendall (resigned 31 May 2023) Nancy Seng Lu Mai Lajawng Bruce Townsend (appointed 31 May 2023) Kevin Tume
Company Secretary
Key Staff
Governing Document
Eleanor Elliott Andrew Phillips (until 6 June 2022) Oliver Elliot Eleanor Elliott Memorandum and Articles of Association dated 25 November 1999 as amended 10 September 2001
Company Registration Number 3883493 Charity Registration Number 1079168 Principal Address and Registered Office Open Door Church Centre Green Street Sunbury-on-Thames TW16 6QQ Independent Examiner Sarah Crispin ACA Stewardship 1 Lamb's Passage London EC1Y 8AB
Bankers
Barclays Business Centre Hounslow Branch 210 High Street Hounslow TW3 1DL
| Contents | Page |
|---|---|
| Company Information | 1 |
| Trustees' Annual Report | 2-5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Accounts | 9-15 |
| Detailed Statement of Financial Activities with Comparatives | 16 |
Page 1
OPEN DOOR CHURCH SUNBURY
TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2023
The trustees, who are the charity's directors for the purposes of company law, have pleasure in submitting the Report and Accounts for the year.
Objects of the charity
The primary aims of the Trust are to fulfil the role of a Christian Church, to promote the Christian faith and to demonstrate God's love to the local community and throughout the world through the relief of suffering and poverty.
The charity is a charitable company and is governed by its memorandum and articles of association. The objects of the charity, as set out in the governing document are:
a) to advance the Christian faith;
b) to relieve persons who are in conditions of need; and
c) to promote and fulfil such other charitable purposes beneficial to the community
Summary of the charity's main activities and achievements
To further the above objects and vision, the charity's main activities and achievements were as follows:
Our main activities include our weekly Sunday services – a morning service in English and a Burmese speaking service in the afternoon. At our morning meetings, attendance fluctuated between 50-70 people. Some new families from the area began attending the church which has led to the numbers of children attending our Sunday children’s work gradually increasing.
Our Burmese speaking congregation, is led by Go Suum Piang, who is employed four days a week as an International Pastor and mentored by our Lead Pastor. At our afternoon meetings, attendance fluctuated between 15-20 people. He has provided pastoral support for several Burmese families in the local area facing difficulties, in addition to supporting the members of the primarily Burmese congregation.
Lead Pastor Oliver Elliott is employed full-time which includes one day a week for further study towards a PhD in Practical Theology. His research focuses on how we engage with working class people and interact through bible studies, which we believe will contribute to equipping him to lead the church to help us fulfil our prophetic call to be a ‘Field Hospital’ in the community.
In June 2022, our new Leadership Team hosted a vision workshop for the church to reflect on the purpose of the church and its role within the needs of our community. Our Leadership Team worked with an external coach to develop new vision and values and strategically plan next steps.
During August 2022, we undertook building work in the main auditorium which increased accessibility and created an area for children, as well as extending the size of our disabled toilet. We have made our building available for more groups in the community to use on a regular basis. A domestic violence support group continue to meet weekly and use our facilities. In addition to this, an NCT ‘Bumps & Babes’ group started meeting which provides friendship and support for new mums in the community, and two 12-step groups supporting people with life-controlling issues.
We hosted monthly prayer meetings on online until the end of 2022 when we moved to in person prayer meetings each half term. Since April 2022, two Small Groups from the church continued to meet regularly for fellowship and friendship, supporting each other in practical and spiritual ways. Our Pastoral Team supported several individuals and families within the congregation facing difficult difficulties and met as a team on a regular basis for equipping and to debrief.
Page 2
OPEN DOOR CHURCH SUNBURY
TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2023
Our ‘Teapot’ group, serving older people in the community within and outside of the church, continued to meet regularly for friendship and fellowship, tea and cake. Our ‘Mini Steps’ group which has supported a small number of parents and toddlers through friendship and Bible study met weekly up until August 2022. The group then came to a natural ending due to most children reaching nursery age.
One of the members of our congregation runs free ESOL (English for Speakers of Other Languages) classes with several Afghan and Burmese families. Open Door Church has continued to provide financial support to Cavite Open Door Commission Church in the Philippines, led by Pastor Rolando De Guzman. This has enabled their church to provide food for people in the community who live in poverty.
Our Lead Pastor and Operations Manager attended a three-day Commission Leadership Conference in September 2022, and our Leadership Team attended a Commission leadership event for equipping and networking in February 2023. We participated in several online Commission worship and prayer events. The annual Newday youth camp did not run during this period.
Most the charity's activities are undertaken by volunteers and the charity could not operate effectively without their efforts.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Structure, Governance and Management
The Church is not a building, but a gathering of ordinary people of different ages and backgrounds, whose lives have been changed by Jesus Christ, the Son of God. The New Testament reveals the Church as a community of people, properly taught and cared for, who by loving and serving Jesus Christ, were also committed to love and care for each other and to bring a blessing to the area in which they lived. Open Door Church; its trustees, elders and members are committed to the restoration of those New Testament principles. It is not alone in this, it is one of many Churches in the area, country and all over the world that is re-discovering the excitement of knowing Jesus Christ. The vision is to see the people of Sunbury come into this experience of knowing Jesus as their Lord, Saviour and friend.
The Church is a member of the Evangelical Alliance and has a relationship with ‘Commission’; a Christian organisation that pursues similar objectives in the UK and overseas. Commission is a charity that joins approximately 50 churches in the UK and many others around the world together under the apostolic care of Guy Miller (Westminster Chapel, London) and his team. It is a part of the Newfrontiers Family of Churches. The church works with Commission in assisting other churches and receives voluntary help and support itself where needed. During the year, grants have been made (see note 4c) to help the objectives which can best be done on a larger scale than Open Door Church could do independently.
Trustees are appointed generally from within the church and in accordance with the governing document. Directions relating to the charitable trust are made by the Trustees in consultation with the Elders, who are responsible for governing the life and teaching of the church. Day to day decisions on expenditure and activities are decided by the staff and volunteers in charge of different areas of the church, with budgets set and monitored by the Trustees.
Page 3
OPEN DOOR CHURCH SUNBURY
TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2023
Whilst the church does employ a full time lead elder it is the work of every member of the church, whether employed or not, that will make the difference in the church achieving its great commission. This is done in ‘being salt and light’ amongst the people they interact with every day; by serving the local community, by praying, assisting those in need, in being involved in training others, in public teaching and worship, and also in administration. The financial resources of the church, to a very large extent, are given by the members and their private assets and equipment are regularly used in the work of the church. Much of this work is done privately, without recognition, and the hours and value of that time cannot be quantified.
Financial review
Total income for the year was £250,534 (2022: £169,256). Total expenditure was £198,128 (2022: £184,214) resulting in net surplus for the year of £52,406 (2022: deficit £14,959). Closing unrestricted funds at 31 March 2023 were £755,181 (2022: £702,615) and restricted funds were £1,246 (2022: £1,406).
Reserves policy
The trustees have determined that the charity should aim to hold unrestricted cash of no less than £40,000 (which equates to about 3 months' of unrestricted expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £250,870 and the charity is complying with its reserves policy.
Going concern
We consider that with cash balances currently available together with continuing regular donations that we continue to be a going concern
Key risks and uncertainties
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
Plans for the future
Over the next year we plan to implement our new vision and strategically plan steps forward across our three focus areas. We will continue to invest in our leadership development and plan to grow a bigger and more diverse leadership team. We are planning to host events and develop lines of communication to promote greater interaction between our two congregations. We will continue growing and developing our Sunday serving teams to increase our capacity to welcome new guests and integrate them into the church. Furthermore, we aim to establish some initial provision for youth work. Over time, we plan to increase our engagement with the community and see the church grow both in numbers and financially so that we can fulfil our charitable objectives to a greater extent.
Responsibilities of trustees under company law
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).
Page 4
OPEN DOOR CHURCH SUNBURY
TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2023
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the 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 year. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether the applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements; and
- prepare the financial statements on a going concern basis unless it is inappropriate to presume
that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approval
This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the trustees and signed on their behalf by:
B C Townsend
_______ B C Townsend
Date: 10 December 2023
Page 5
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
OPEN DOOR CHURCH SUNBURY
('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023 on pages 7 to 16 following, which have been prepared on the basis of the accounting policies set out on pages 9 to 10.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner’s statement
Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sarah Crispin
Sarah Crispin ACA Institute of Chartered Accountants in England & Wales Stewardship 1 Lamb's Passage London EC1Y 8AB
Date: 13 December 2023
Page 6
OPEN DOOR CHURCH SUNBURY
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
| Note INCOME AND ENDOWMENTS FROM: Donations 3 Charitable activities Other income 4 Total income and endowments EXPENDITURE ON: Charitable activities 5 Total expenditure Net gains/(losses) on investments Net income/(expenditure) Transfers between funds 13 Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 13 |
Unrestricted Funds £ 145,591 1,453 93,151 240,195 187,628 187,628 - 52,566 - 52,566 702,615 755,181 |
Restricted Funds £ 10,339 - - 10,339 10,499 10,499 - (160) - (160) 1,406 1,246 |
Total Funds 2023 £ 155,930 1,453 93,151 250,534 198,128 198,128 - 52,406 - 52,406 704,021 756,427 |
Total Funds 2022 £ 169,252 - 3 |
|---|---|---|---|---|
| 169,256 | ||||
| 184,214 | ||||
| 184,214 | ||||
| - | ||||
| (14,959) - |
||||
| (14,959) 718,979 |
||||
| 704,021 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing operations.
The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.
The notes on page 9-15 form part of these accounts.
Page 7
OPEN DOOR CHURCH SUNBURY
BALANCE SHEET
AS AT 31 MARCH 2023
| Note FIXED ASSETS Tangible assets 7 Social investments 8 CURRENT ASSETS Debtors 9 Cash at bank and in hand 10 CREDITORS: Amounts falling due within one year 11 Net current assets / (liabilities) Total assets less current liabilities TOTAL NET ASSETS FUND BALANCES 13 Unrestricted Funds General funds Restricted Funds |
Unrestricted Funds £ 476,889 - 476,889 31,284 250,870 282,154 (3,862) 278,292 755,181 755,181 755,181 - 755,181 |
Restricted Funds £ - - 1,726 (480) 1,246 - 1,246 1,246 1,246 - 1,246 1,246 |
Total Funds 2023 £ 476,889 - 476,889 33,010 250,391 283,400 (3,862) 279,538 756,427 756,427 755,181 1,246 756,427 |
Total Funds 2022 £ 465,118 145,000 |
|---|---|---|---|---|
| 610,118 | ||||
| 33,151 65,368 |
||||
| 98,519 (4,616) |
||||
| 93,902 | ||||
| 704,021 | ||||
| 704,021 | ||||
| 702,615 1,406 |
||||
| 704,021 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.
The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities
-
(a) ensuring that the charitable company keeps accounting records which 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 net income or expenditure 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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the Board of Directors and were signed on its behalf by:
B C Townsend
B C Townsend
Date: 10 December 2023
Company number: 3883493
The notes on page 9-15 form part of these accounts.
Charity number: 1079168
Page 8
OPEN DOOR CHURCH SUNBURY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
1 Statutory Information
The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.
2 Accounting Policies
These financial statements are prepared on a going concern basis, under the historical cost convention as modified by the revaluation of certain assets, which are measured at fair value through the Statement of Financial Activities.
These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.
The principles adopted in the preparation of the financial statements are set out below.
a) Going concern
The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
b) Income
Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
Income from donations includes:
- i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.
The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.
Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from church events and donations for use of the church building by the local community.
Other income comprises gains arising from the disposal of social investments and bank interest receivable.
c) Expenditure
Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.
The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.
The cost of raising funds is not significant and has not been separately disclosed.
Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.
d) Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
Page 9
OPEN DOOR CHURCH SUNBURY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
e) Tangible fixed assets
Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:
Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Over 50 years after taking account of the building's residual value Equipment Over 4 years
The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.
f) Investments Social investments are investments where the primary motive is to further the charity's objects, not to generate an investment return. Social investments comprise : i) an investment in property that is co-owned by the church leader and is made interest free. These investment properties are valued at every balance sheet date at fair value or, where this cannot be reliably ascertained, at cost less impairment.
Impairment losses and losses arising on the disposal of social investments are included in the Statement of Financial Activities under the heading 'Expenditure on charitable activities'. Gains arising on the disposal of social investments are included in the Statement of Financial Activities under the heading 'Other income'.
g) Leased assets Leases which do not transfer substantially all the risks and rewards of ownership to the charity are classified as operating leases. Operating lease payments are recognised as an expense on a straight-line basis over the lease term (unless another systematic basis is more representative of use). h) Pension scheme arrangements The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds. i) Taxation The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income. j) Financial instruments The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). k) Exemption from preparing a cashflow statement
The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement. l) Critical accounting estimates and areas of judgement ln preparing financial statements certain judgements, estimates and assumptions have to be made that affect the amounts recognised in the financial statements. The trustees consider the following to be significant:
i) The annual depreciation charge for property, plant and equipment is sensitive to changes in the estimates for useful economic life and residual value. These estimates are reassessed annually and, when necessary, adjusted to reflect current circumstances.
3 Donations
| ations | ||
|---|---|---|
| Donations of cash and similar Income tax recoverable r income Gains on disposal of social investments Interest receivable |
2023 £ 125,771 30,159 155,930 2023 £ 93,148 2 93,151 |
2022 £ 140,205 29,048 |
| 169,252 | ||
| 2022 £ - 3 |
||
| 3 |
4 Other income
Page 10
OPEN DOOR CHURCH SUNBURY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
5 Charitable expenditure
| a Costs incurred directly on specific activities Staff costs Training & Conferences Children's & Youth work Equipment Other ministry costs Visiting speakers Worship and PA Grants payable (note 5c) b Costs incurred on support & administration Governance costs Independent examiner's fee Other Depreciation of tangible fixed assets Premises Insurance Maintenance Utilities Administration Staff expenses Catering Total expenditure |
2023 £ 95,150 6,071 637 - 2,286 908 346 22,518 127,917 2,340 116 2,456 25,613 3,018 25,196 5,138 4,450 2,082 2,258 70,211 198,128 |
2022 £ 97,440 3,016 1,649 1,980 1,235 1,400 1,401 36,739 |
|---|---|---|
| 144,861 | ||
| 2,220 98 |
||
| 2,318 16,329 2,491 8,532 3,854 3,981 1,588 259 |
||
| 39,354 | ||
| 184,214 |
The fee payable to the independent examiner for preparing and examining the accounts was £2,340 (2022: £2,220); in addition the charity paid £861 (2022: £883) to Stewardship for payroll bureau and consultancy services.
c Grants payable
| Grants for UK and overseas mission Grants for the relief of poverty The comparatives for the previous year are as follows: Grants for UK and overseas mission Grants for the relief of poverty The charity's principal grants to institutions comprised: Commission Apostolic Trust (Comgive) Cavite Open Door Commission Church - Philippines Liberia Grants to institutions for less than £1,000 each |
Institutions £ 6,913 7,233 14,145 Institutions £ 6,725 8,173 14,898 |
Individuals £ 3,900 4,473 8,373 Individuals £ 3,900 17,941 21,841 2023 £ 4,800 6,848 1,500 998 14,145 |
2023 £ 10,813 11,706 |
|---|---|---|---|
| 22,518 | |||
| 2022 £ 10,625 26,114 |
|||
| 36,739 | |||
| 2022 £ 6,000 1,375 4,513 3,010 |
|||
| 14,898 |
Page 11
OPEN DOOR CHURCH SUNBURY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
6 Analysis of staff costs, the cost of key management personnel and trustee remuneration
The average monthly number of employees during the year was 4 (2022: 5). Most of the charity's activities are carried out by volunteers.
No staff received salaries at a rate of more than £60,000 per annum.
During the year key management received employment benefits totalling £72,767 (2022: £49,717).
No trustees received employment benefits in either the current or preceding year.
7 Tangible fixed assets
| Cost At 1 April 2022 Additions Disposals At 31 March 2023 Accumulated depreciation At 1 April 2022 Charge for the year Eliminated on disposal At 31 March 2023 Net book value At 31 March 2023 At 31 March 2022 8 Social investments Cost, less impairment, brought forward Disposal Cost, less impairment, carried forward |
Freehold Equipment Property & Fittings £ £ 744,753 48,729 - 37,383 - (10,667) 744,753 75,445 283,006 48,051 14,895 9,684 - (10,667) 297,901 47,069 446,852 28,376 461,747 677 49 Beverly Road 145,000 (145,000) - |
Computer Equipment £ 9,057 - (1,310) 7,747 6,363 1,033 (1,310) 6,086 1,661 2,694 2023 £ 145,000 (145,000) - |
Total 2023 £ 802,539 37,383 (11,976) |
|---|---|---|---|
| 827,946 | |||
| 337,420 25,613 (11,976) |
|||
| 351,057 | |||
| 476,889 | |||
| 465,118 | |||
| 2022 £ 145,000 |
|||
| 145,000 |
The investment comprised a 49% equity stake in 49 Beverely Road, Sunbury occupied by the church leader until he left his employment in June 2022. The reason the investment is classified as a 'social investment' is that it was not held primarily to generate a financial return but as part of the charitable objectives of the charity to enable the church leader to live locally. The investment was made in August 2007 and the property was sold on 26th Sepetember 2022. The amount received by the charity from this sale was £238,148.
9 Debtors
| Falling due within one year: Tax recoverable Prepayments and accrued income 10 Cash at Bank and in Hand Cash at bank with immediate access Petty cash |
2023 £ 30,161 2,848 33,010 2023 £ 250,290 101 250,391 |
2022 £ 29,051 4,100 |
|---|---|---|
| 33,151 | ||
| 2022 £ 65,218 150 |
||
| 65,368 |
Page 12
OPEN DOOR CHURCH SUNBURY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
11 Creditors: liabilities falling due within one year
| itors: liabilities falling due within one year | ||
|---|---|---|
| Accruals | 2023 £ 3,862 3,862 |
2022 £ 4,616 |
| 4,616 |
12 Pension commitments
During the year employer’s pension contributions totalling £4,196 (2022: £3,615) were payable to defined contribution personal pension schemes. Pension contributions of £39 (2022: £301) were owing at the balance sheet date.
13 Funds
During the year the movements in the charity's funds were as follows:
| General Unrestricted Funds Total Unrestricted Funds Restricted Funds Cavite Open Door Commission Church Domantay Family Liberia Other restricted funds Aggregate of funds |
Opening balance 2023 £ 702,615 702,615 - 906 - 500 1,406 704,021 |
Incoming resources 2023 £ 240,195 240,195 4,008 3,419 1,000 1,913 10,339 250,534 |
Outgoing resources 2023 £ (187,628) (187,628) (4,008) (3,079) (1,000) (2,413) (10,499) (198,128) |
Transfers in the year 2023 £ - - - - - - - - |
Gains and losses 2023 £ - - - - - - - - |
Closing balance 2023 £ 755,181 |
|---|---|---|---|---|---|---|
| 755,181 | ||||||
| - 1,246 - - |
||||||
| 1,246 | ||||||
| 756,427 |
Analysis of net assets by fund
The assets and liabilities of the various funds were as follows:
| ysis of net assets by fund assets and liabilities of the various funds were as follows: |
|||
|---|---|---|---|
| Tangible fixed assets Debtors Cash at bank and in hand Creditors falling due within one year |
Unrestricted General funds £ 476,889 31,284 250,870 (3,862) 755,181 |
Restricted funds £ - 1,726 (480) - 1,246 |
2023 £ 476,889 33,010 250,391 (3,862) |
| 756,427 |
Page 13
OPEN DOOR CHURCH SUNBURY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
13 Funds (continued)
In the previous year the movements in the charity's funds were as follows:
| General Unrestricted Funds Total Unrestricted Funds Restricted Funds Almazan support fund Liberia Asia appeal India COVID appeal Myanmar appeal FilloBus Domantay Family Support Fund Cavite Open Door Commission Church Other restricted funds Aggregate of funds |
Opening balance 2022 £ 713,986 713,986 - - - - - 1,508 3,486 - 4,993 718,979 |
Incoming resources 2022 £ 150,724 150,724 4,725 4,013 5,866 2,256 306 98 88 442 738 18,532 169,256 |
Outgoing resources 2022 £ (162,095) (162,095) (4,725) (4,013) (5,866) (2,256) (306) (1,605) (2,667) (442) (238) (22,119) (184,214) |
Transfers in the year 2022 £ - - - - - - - - - - - - - |
Gains and losses 2022 £ - - - - - - - - - - - - - |
Closing balance 2022 £ 702,615 |
|---|---|---|---|---|---|---|
| 702,615 | ||||||
| - - - - - - 906 - 500 |
||||||
| 1,406 | ||||||
| 704,021 |
Analysis of net assets by fund
In the previous year, the assets and liabilities of the various funds were as follows:
| ysis of net assets by fund e previous year, the assets and liabilities of the various funds were as follows: |
|||
|---|---|---|---|
| Tangible fixed assets Social Investments Debtors Cash at bank and in hand Creditors falling due within one year |
Unrestricted General funds £ 465,118 145,000 29,750 67,362 (4,616) 702,615 |
Restricted funds £ - - 3,401 (1,995) - 1,406 |
2022 £ 465,118 145,000 33,151 65,368 (4,616) |
| 704,021 |
Restricted Funds
Monies sent to Cavite Open Door Commission Church are small gifts received from individuals, a small appeal for a childrens mission and an agreed contribution to Hall rental for corporate gatherings of the Church.
The Domantay Family Support Fund is to be used to support the recipients in a time of hardship. The Liberia fund is money collected and paid on in furtherance of the charity's aims, as carried out by Life for Liberia. Other restricted funds relate to small appeals for specific causes.
Almazan support fund was for the support of Alfredo Almazan an Elder of CODCC during cancer treatment and subsequently to support his widow and relieve abject poverty casued by bereavement. This fund was fully utilised during the previous financial year.
COVID lockdown in India and the change of regime in Myanmar led us to have appeals for pastors and their churches in both countries in 2022 Three desiginations were set up to allow donors to allocate monies where they felt led with the "Asia Fund" divided equally between both countries. These funds were fully dispursed during the previous year.
The FilloBus Fund was used to pay for a minibus for the project supported in the Philippines and was fully utilised in the previous year.
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OPEN DOOR CHURCH SUNBURY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
14 Operating lease commitments
The charity has an operating lease for its printer. The minimum amount payable (until the next break clause and ignoring the potential effect of future rent reviews) in respect of this lease is as follows:
| effect of future rent reviews) in respect of this lease is as follows: | ||
|---|---|---|
| Within one year Between one and five years Payments falling due: |
2023 £ 816 2,244 3,060 |
2022 £ 816 3,060 |
| 3,876 |
During the year the charity was charged £816 (2022: £648) for its operating lease.
15 Transactions with related parties
During the year the charity:
-
a) received donations totalling £47,026 (2022: £33,041) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).
-
b) No expenses (2022: £nil) were paid to, or for, the trustees; reimbursements for expenses incurred when acting as agent for the charity or incurred when undertaking employment duties not connected with serving as a trustee are not included in this disclosure
During the year the charity also made the following payments to, or for, related parties:
- a) Loretta Wyatt, who is closely related to Timothy Patrick, who was a trustee, received employment benefits totalling £6,481 (2022: £6,178) for providing administration services to the charity.
Sunbury Christian Fellowship Association (SCFA) is a related organisation as a result of the governing body of the Association comprising the church trustees. The financial results and the assets of SCFA are not consolidated into the accounts of the church as the power element of control as set out in clause 24.19 of the Charity SORP is not met. Namely that the church:
-
does not have sole trusteeship;
-
does not have the power to appoint and remove the majority of the Association's governing body;
-
does not have a formal agreement or arrangement with the Association.
16 Events since the year end
In August 2023, Sunbury Christian Fellowship Association transferred their funds to the Charity and the Association will be effectively disolved. This amounted to an initial transfer of funds of £12,716 which will now be managed within the Charity as a restricted fund.
17 Members
Each member of the company commits to contribute if the charity is wound up an amount of £10.
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OPEN DOOR CHURCH SUNBURY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES
FOR THE YEAR ENDED 31 MARCH 2023
| Note INCOME AND ENDOWMENTS FROM: Donations 3 Charitable activities Other income 4 Total income and endowments EXPENDITURE ON: Charitable activities: 5 Total Expenditure Net gains/(losses) on investments Net income/(expenditure) Transfers between funds 13 Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 13 |
General Designated 2023 2023 £ £ 145,591 1,453 93,151 240,195 - 187,628 187,628 - - 52,566 - - - 52,566 - 702,615 - 755,181 - Unrestricted funds |
Restricted 2023 £ 10,339 10,339 10,499 10,499 (160) - (160) 1,406 1,246 |
Total 2023 £ 155,930 1,453 93,151 250,534 198,128 198,128 - 52,406 - 52,406 704,021 756,427 |
General Designated 2022 2022 £ £ 150,720 - 3 150,724 - 162,095 162,095 - - (11,372) - - - (11,372) - 713,986 - 702,615 - Unrestricted funds |
Restricted 2022 £ 18,532 18,532 22,119 22,119 (3,587) - (3,587) 4,993 1,406 |
Total 2022 £ 169,252 - 3 169,256 184,214 184,214 - (14,959) - (14,959) 718,979 704,021 |
|||
|---|---|---|---|---|---|---|---|---|---|
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