Charity number. 108fy)11 Company number: 3851139 Scottish Charity number: SC042491 ACORN CHRISTIAN FOUNDATION (Acompany Ilmlted byguardntee) Chamberlains Elm Hw, TafiShi Park Elsttsd. Godalml
ACORN CHRISTEAN FOUNDATION Financlal ststements for the year ended 31 Marth 2021 Conterts Legal al admlnistrati¥e infomiation Report ofthetru#ees 5-10 Independent Examtrrfs report 11-12 Ststement of finanoal attivitie5 Balan stt 14 Notes formtrE part of tt financFal statem 15-21
ACORN CHRISTIAN FOUNDATION Flnancial ststements for the year ended 31 Marth 2021 Patron: The Rlght Re¥ereNI Lord Btshop of Carfwejames Ne•come Founders: Re8i5tered tharity No: Compary rio: 3851139 Tru#ees Mr5 Elizat)eth %inn (Chairl Mr Chris Goff Re¥ Andrew Heber Mr Keith Mante]I Mrs Patrida Munn {retired 22 June 2020) Mr Mark TTigg RJane Walker Ven Paul Bryer Ms Nonte Insall (retired l October 2021} Le¥dtrshlpTeam Rev Wes Sutton (Director) Lisa Edge IDSrector of Operation51 Ho*drd Fleming The Rev Canon Anne Lon8 Dee Marshall Jo Walker
ACORN CHRisnAN FOUNDATION Financial ststements for the year ended 31 Marth 2021 CafBank Limrted. Kin85 Hill. West Mallin& Kent Uoyds Bank plt. 75 Castte Street Famham, Surr Metcalfe & Co. 22 Chal* Hky. Bordon. Hants slered olfice Emmau5 (hartered Accountants Westmead F3mborough Hants GU14 7LP Chamberlains Statutory Auditor and Chartered Accountants Elm House. Tanshlre Pa Shèckleford Road Elstead, Godalmlng Surw GU8 6L8
ACORN CHRisnAN FOUNDATION Report of the trustees for the year ended 31 Marth 2021 TheTrustees are pleased to present their report tO8etlw wlth the financial statements of the charlty forthe year ended 31 March 2021. The repwt of the trustees contsins all the infrrmati¢)n required by a directors, report. Legal and administrative rnforniation set out on pa 3 to 4 forws part of thts reporL Thefiftan¢ial statements comply wlth CUrt statOry requirements. the Memorandum ofAsSlKiation. the Charities Statement of RecommeThled Prarti¢e (Charitie5 SORP IFRS 102)) and nanCIal Reptrstandard 102 IFRS 1021. The tharity is a company limited ty gUarane and governed by Its Memorandum and Arttdes otAssociation; it is atso registered wlth the Charity Commissions of En&and and Wales and of Scotland. TheTntstees who served during the yearare listed pa8e3 of thts reporL The plywt0 arwint fvrtherTrnstees 15 vested ty theArtldes of A550(iation in the etying Trustees. The Trustees met online 4 times durlng theyear. New Trustee5 receive trainir¥ in the80vernan responsibiffties of theTrusteas and the arti¥Its of the Foundatlon. Trust% bring a variety of dlfferent5kills and eXper1w and each Trustee sha&Jws a sptrial area of iftterest in Acom's range of activtlies. Our aim is to generate maximum partlapation in our objertlves. so thatTrustees. stsff. and volunteers athieve the greatest possible degree of unity, thus modellingthewholeness we advocète. The major risks towhith the Foundatitin is eApose(L as Ideftti by theTniste4 have been reviev48J and sysieff are in place to mana8e those risks. The oble¢tlve. asset out in Memorandum Artides ofA%oclakn is to wornote. SUPIK)rt and eage in r@Iiwous and other charitable workto fvrtherthe understsnding of health and heali within the mlnlstry of the mainstream Christian thurthes and health pfESSIOnal The charity operates under the tirle of the Acom Christian Healry Foundb)n. Ft was fnded in 1983 by Bishop Morrfs Maddocks, under the auspices oftheArthbtshops of Cantert>ury and Yort to pre the ministry of Christian Healing wtthin the thurth of England though from an earty point has extended its reath to au mainstream Christian denominations. It Seeks to brir4gthe healir6of Jesus thrstto a broken world throu listeni healing and recon(ilialion. mal0racti$ indude: Helpir churches devetop heallng ministrie5 through courses and training Educating Chrsstians about healin8 and listerwn8 throu8h Tesources for small grp5 and teaching in churthes and at conferences Brin8in8 heallng and wholenessto individuals throu servi. (ourses and ¢)ther e¥ents Bringing heallng and wholeness to thurches through our ministy of reconctltation Fostering a doser partnership between churth and health wofessknts in the miri of I11&the whole person Encouraglng and equipping Christians in other countrie5-e5pecialty thosewith a history of ethnlc. re&8iOU5 or other collflict- to develop s4m41ar ministries approprtate to their context arKI ojlture.
ACORN CHRisfiAN FOUNDATION Report of the trustees for the year ermled 31 March 2021 Overseen and supported by the Board of Trustees VA set strateglc dlrecDon wlth the leadershlp team, Acorn contTrnue5 to be led bythe Director, Rev. Wes Sutton. and the Leadership Team. The Director contFnues to be in demand a5 a 8ue5t and keymte speaker nationally. a writer. as an amba$5adorforA(orn in the UK. The diaiTty rs deli8hted to have The Ri8ht Reverend Lord &shop of Carlisle. Jame5 Nv4Ycome as Acorn Patron. and hls advocacyof Acom both within and ouLsidethe Wican has been a distinct advant4eto the Tntst In 2017118 AtOOk the decision to establish 4 wonal ALY)m tyltres. over a fv&yearperiod, and thTS remains an essential part of Acfs v151on to operate as a national agency in promotirwd the Christian Healing mintry in its fvll expression. This decision was prompted by the need to ensure that Acorn not remèin southern-centrid but could develop meaningfvl a(5 to its ministrya¥Jos5 the UL The initial inteftn wa5 thatfrom a sirn central base we would bè able to resource another four reonal ty$. Acorn have been d6veloping tlus strategy by tryW1tingAcOM'HeabTrg HUW. whith att as regional.bowl of prdyer for healing. Each Hub is overseen by Acorrfs management, with the minstry being implemented by Acom volunteers in their region. The Hubs can run di8italty for thosetho can't meet in person, as well as from a central base. or altemativety. both. Acom's regular trainir% is availabte for Healing Hub Coordinators to able them to run a Healin8 Hub Competent and comlSIOnatety. MLK of Acorn'5 trainirrd now thènnels into resourc1 Healing Hub5 so that prayingfor healing for others is beÉn8 offered morewidespread than SOW atAcDm ents. mentioned In last yearf5 repor¢ kom's re8ular elents found homes in SurrW ¥enues-St Alban's Churth in Hlndhead, and Guildford Cathedrdl. At the start of 2020. due to COVID-19. pro8rammed events in these venues were It possible, and all regular events moved onto Zoom. tt TKdS a smooth and one that beneffted guests and theAcorn team. Llve events now r&ith a WFder demographicand •Ilrywests to attend who may have not prevbously been able to due to heath rea50r orgeoEraphy. The leadership contlnued to l)ulld on natural rela11ShiPs xross the UK to establish wonal bowls/Healin8 Hu Locations thèt began to lId on were Comwall. Esse4 and Leicester. wlth Hubs being planrTred also In CaTIis1e. Skegt55, and Gem)ary. As well as thts. A£05 listening tratnirg had the team providing events across the UK and other countries Zoom. Like thls, the Director has accepted speakin8 Invhallorts at thurches acr055 the UK both In person and on Zoom. TNS has been a part of maintsinirE stron8 relationships with Acom's supportin8 churches and organisations. Due to COV1[19, it was not P055iblefor the Dtrettor to steak at The Orderof Saint Luke in Austrnlia. however Acorn have offer8J d¥ial training to conEinue budduEon this rdatiry offer I1[fiJrther afield. The drcumstances ¥wth COVED. whkh became long terni. meant that began to be produced for onllne runnlng and distrTrbution. Addifimally. ne and releaont events and training beTrn8written and delivered, especialty in ponseto the vrny that COVID-19 was impactrr4 peoplds Iples. Having this re4V way of provÉding events and resources. it was recognised by the staff and Trust that Acorn meeting a wider demo8raphiq providing more events. and bein8 more accessFble to others. On top of this, costs reduced consFderably due to lack of staff travel and expense, venue hire. and volunteereKpenses. The Trnst agreed that developing the di1 aspect ofAcom would be beneficial to ChaTwty as well as thosewho use its rUrCeS. lth nationally and internationally. Acn has dloped di8ital platForn) through the produdion of downloadablè resouros. regular pcxlcasts and events lfreel. rpgular live paid events. and r&writin8 materral so that it cart be defiveyed onlÉne effectivety. The effects of COVID-19 prompted the Trustees and the Leadership Team to Implement a financial review of the Chartty e¥ery three mofttrs, whith insUS th TA* are setting adIable80 and operatin8 wrthin working budgeL
ACORN CHRisfiAN FOUNDATION Report of the trustees for the year ended 31 March 2021 Operatlonal The decision to develop Acom's ditsl resour andlwents was made lyrf theTrustÈ47th the intention of transitionlng some ents into in person e¥ents as well as dltan persm. access4ble for Healing Hubs to base their prayer meetirF8S around. One. monthly School of Healing: held on Zrn to allow peopleto attend from further afie This is also designed to train thosewho o)orrfmate a Healing Hub. I listening modules offered dlgltalty as the preferred method of tralning so that a wider demographic can attend. In person trainin8 is offered as a SeConry option with exFnses beTr induded In the cost of the traÈning to ensure Au)rn is not at a los Recruiting and training newv¢lunteers to be able to pray for m(Ye8ue5ts at ents. as well as to help individuats feel competent In the healing ministry in thetr o¥m ministry contexts. Volunteer management and traini regular managemattofvolunteers vm With all volunteer5 as well as offering one-t(Fone meetln8S Downloadable worship son8s on mus1¢ pl8tForn Much of the dlgltsl delOpment 15 geare(I to pKovide'multiple rn polnw to Acorn's mlnistry. knowlng that not everyone can attend mid-week, daYt1Th e¥ts. In a similar vetn, we are equipping each HealÉn8 Hub. so that indmduals can prayerfulty ministv to others effÈrtNdy. beyond a persorfs attetthrKe at a staff led everrt. Thts ts a step change to Acom's traditional approach to miixstry and f•nin& whith wa5 previousty restricted by staff afdilablllty and geography SID operatln8 digitafty. kofn has been w¢king in more dr¥erse lO¢atiO both around the UK and Internationalty. It feels a Se. and rnore effective business sIrate. to provxje easity acSIble resources that pee can ac$ from the comfort of their own home or location. OFwating dwtalty still allows us to respond to irivttatiors to orgaftTrsations. eFther by runnin8 private bookings onllne, goin8 to theFr ¥enue (when safe to do 1. and bytunin8 in online to their event as partofthe prom. stsff than8e5 There 15 much to be encouraged ak)ut as Tmel a5 continud thalkngos to f8c& nNyale of the staff arKI the pr mlnlstry team remains strorK rf not stron8er than a year ago. espedalty wtth new volunteer team joinin8 the current team. The team have adapted well to the digital software be4n8 used for rnintry. The rwnse ofoursupporters and donors also remains steady, at a time when one might expect wificont thanges to peoples givin& We a seelng regular guests attendirva many events and bein8 F)5 Parted by ne* restyjrcek Acorn continues to have a growing presence and impart, and the Charity ts Increasing its efforts to place Acom before more people and prepared to take on newfoms of mintstry ar in new locations on different plattom
ACORN CHRisfiAN FOUNDATION Report of the trustees for the year ended 31 Marth 2021 Report offt Plan5 for X120121 We proposed thefdhwing goats for 2020ni and rqxxt: mlnlstry and wlnts them tsfurther 4n Thi5 is the process of beir% recorded. wtth a release date of April 2022. dueto the restricti(ms of COVID-19 makire recoTdirE tmp)ssible. Idenufy to rnn Acom Mulllslte and launch quartth mullkslte e¥ent& This is beingfuFfilled by Acorn Heallng Hubs, who are able to Nn Acom trainire¥ents1re$oUr from thelr chosen tocatlon. Acorn will also run quarterty regional events from the Hub kOt11S a way of hub5 and individuals terfor mlnistry expwienos. Identifyartd egulp A¢4Jrn to dell¥er onkne on IbehrfA¢¢m P£orrfs Nati¢)nal Tralnlt Manager ha5 identrfted a couple of oxnpet tndividua15 have assist with online traiTht arnl will continue to dfftlop these inthduals to be able to trainirtg independently on behatf of Acom. This is successtully taktrtg plao undw a name of 'A¢om Christian L,. an(J is avaitable to stM Ilve or can be wewed at a later date. Healing Hubs can usethi5 resourceto 5hapetheir hub meetin8s. with the team provldlng prayer minÉstry aTnd the recordi Acom's time and resources when already offering a wide ran8e of re50urce5 and live events. It seemed more sensible to continue th the core dtgital ents and encouraglng people to I)0k on to what is already a¥ailable. ratherthan *Jeating something TW. the A¢orn Team. Acom have successfvlfy reuuited 12 vdunteers tOn the mlnkstyteam. all of whlch are l¢x3ted a(y(JS5 the UK as wdl a5 Germany. Many of these voluntew5 are ser¥in8 on d¥ital events and wlll be fNol¥ed in Healir4 Hub5 ono e5taith. Plans for W22 Rebrand Acorfs training under the'Acorn ACadeffl. wlKh wxli¥iduals to take part in differwtt aspects of Acom training rather than one event Have at least 5 Acom HeanE Hubs netIng regufarlyacross the UL fadlltsts thelr adoptson of Healing Hubs as a point of community ministry Dwlelop Acom events $0 thatth run at a time that suits 8uests, i.e., evenirg Sh1)rterents. betn8 mindfvl oftime zones Host 4 regional events that offer prayer ministry and encoura8e Healing Hubs to grow Reuutt at least one Trtee wrth a medical baclwnd to assist in our undetstandin8 of medical whoteness. Have a navigation system on the website to help visitors find resources within a certain category that they are lookirydfor, e.8.. mental health, grief. listenin& PrepaTr a d(Kument to navigate the transtion of the rrent Directsrfs retirernentand a new Director joining
ACORN CHRisfiAN FOUNDATION Report of the trustees for the year ended 31 March 2021 Flnandal Revlew In the yearuthTe¥ie••the FrMJndation made a smaH net gjrpks of£833712019-20 defidt £1.977). Oespktea reduction In Income, costs akn reduced due to the use of dgltal reurCeS and fewer in-pwson events. tharitable objertives and provide vath for money. The unrestricted reserve5 at the balan sheet datewere £69W1£63.969 on 31 Marth 20201. In addition. the were re5trtcted re5erve5 of £4.619 (Q196 on 31 Marth 20201. The truKees alm to have unrestrtcted reserves of at least £55,(MJ) to ensurethe tharhy meets Its ongolng obllgatÈons underthe current provision oFseThi¢e and in theose uf QSSion ofthecharity. The trustees have decided th4L pruvided total investMts less than £IOO.O(Xl. the COtF IrtrffUnd is an appropriate 5theme. No inve5tmerts are Curr hdd. In preparlrethls ReporL we he com¥4ied wlth the duty In secrFon 4of the Charftoes Art 2011 to have due regard to puIAi¢ benefit8uidance published by the UK tharity Commission and have sought to demonstrate that the Foundati(In continues to provide identifiable benefits whrth relate dÈrectly to its Aims as ststed in its Memorandum and Artides of Association and which outwei8h any potential detriment or harm. Further. the benefits are publidy available to all and are not in any way restiicted to those able to pay. Any WY¥ate b)efits toTNstees and memters of the Foundation are inadental. The Trustees Iwho are also dtrecknts ofAcom thristian Found forthe PUqK6ts of company lawl a responstble for preparing the Trust, Report and the finandal ststements In accordan with aFylicable law and United Kingdom Ac£ounting Standards {United thgdom Genuth AcCeptedAccoUnti Prattl1. Company law requires the trustees to prrefinan¢jal statements for exh finandal year. whlth gfve a true and falr vlew of the state of affairs of the tharitabte company and ol the incoming resourtes and appllcation of resources. indudÉngthe irmme ar expendriure. of the charitable companyfor that pericJ. In prepartrth finarKial ststements, the trustees are rÈquirÈd to: observe the methods arKI prinaples in the tharitie5 SORP. makejudgments and estimate5 that are reasonable and prudent: State whether applicable UK Accounting Standarth have been follort Athiett to arry rnatert departure5 disdosed and explained in the financial statements: prepare thefinancial statements on thegoirydconcMn basis unlessitis inapprowiateto pre5umethatthe chaittable companywill conttnue tts operations. The Trustees are responsible for keeping accounfjng records whith disdose with reasonable accurary at any time the financlal posltlon of the thar5table company and enable them to ensure that the flnandal ststements mpty wlth the Companie5 Act 2(M]6. the Charities and Tnt Invest (So)tkrj Art 2(X)5 and the tharibe5 A¢¢ourts Istotlandl Re8ulations 2006 las amended). are also reSpOble for safeguarding the assets of the tharitsble cornpany and hen for taking reasonable steps for the prevention of fraud and other irregularitie5. The Trustee5 are responsible for the maintenaftce and inwtty ofthe c(wporate and finan(ial infom)ation Induded on the charitvs website. Lwtation in the United Kingdom govemlfygthe Kwar*lon and dlssemit)atlon offinala1 statements nmy differfrom le8islation in othw jurrsdtctions.
ACORN CHRISTIAN FOUNDATION The above rewrt is prepared In accordarts with the proN4sths applicableto subject tothe small Mrchrlstopher Goff Mrs £tsbeth SKnn to
ACORN CHRISTIAN FOUNDATION Independent examinerfs report to the trustees of Acorn Christian Foundation I report on the accounts ofthe tharityfor theyearerKled 31 March 2021, ¥thtch are set out on pagffj 1>2L The trustees are also the directOF5 of the rxKnpany forthe wrp(6es of company lawl are responslble for the preparation of theaccounts. The trustee5 consider that an audit is r¥)t reqvired forthls ar under sectl¢)n 144121 Of the Charrtie5 Art 2011 (the 2011 Act) or under Regulation 10111 lal to Icl of The tharities A(r4yJnts IS(otland) Regulatlons 21Th lthe Accounts Regulations) and that an Frdent examinatÉon 15 needed. Having satt5fied my5df that the charity ts not Sbit to audit UnderUxn law arrfj is elgible for independent examination. it is my responsibilityto: examine the accounts undw sertion 145 ofthe 2011 Act and section 4qIMc) of the awit[ and Tnee Investment Iscotlandl Att 2LX)5 {the 2(1)S Act): to follow the prOreS lald down ift tt8enerdl txrections gival bythe Charlty CotTrntssion urKler section 145(51 of the 2011 A¢t: and My examrnatian was carried in accordw wtth the gerw4I Directiors given by the CharltyCoMmtssn and is in accordance with Regulation 11 of the Charitie5 Accounts Iscotlandl Regulation$ 21x6. An examination indudes a review of the a¢¢ountin8 records kept tythe char¥ty and a comparison of the accounts present with those records. It also indudes c$teratIOn of any unusual rtems or dL%dosures intt accounts and seeking explanatiorsfrorn you as trLFStees conceming any such matters. The pro(Edures undertaken do not prrNlde all the evldence that would be required In an audit and ¢onstyuentty no opinion Is vert a5 to whether the accounts present a 'true and fair vie and the report is limtted to those matta5 set out in the statement below. In connertion with my examinatron. no matter has come to ryattaition: (1) which gives me asonable cause to belie4eth In any material respect the requirements: 44(Illa) ofthe 2005 Art". and to prepare accounts whith accord with the accounting recon15. oxnptywith the accou¥)ting requirements of section 396 of the Compan$ A£t 2(. section 44llllbl of the 2LK15 Art and Re8ulation 8 ofthe Accounts Regulations: and whlch are consistentwtth the method5 and prinaples of the Statement of Recommended Practi. Accounting and Reporting byCha¥ities Ia1(3b1e to charities preparing their Kcounts in accordancewith the Rnancial Reporting Stsndard appli(3ble in the UK aryj Republic of Ireland {FRS 10211. have not been metr, or 11
ACORN CHRISTIAN FOUNDATKXI Pavl Chamberlain MA lthonl. DOLA Chamt)erlain5 Elm HSe, TarLsh4re Park Shackleford Road £5 >024 12
ACORN CHRisnAN FOUNDATION ststement of financial activitt for the year ended 31 March 2021 lincorporating the Income and expenditure account) T•tsl Donatlonsand le8acOes Charttsble activities 145,In 22337 158,Q84 5L147 22337 5L147 Total 164,715 21 167526 205A39 209,325 Charrtableactsvites xji 2(KIW7 207.328 2(.847 &481 207.328 5914 1423 8337 4.592 115951 ¥997 Net 8alryson ilNestments 5314 2.423 8337 4592 12.5951 1,997 3A14 114141 Total fund5 bmughtforward 66.165 55364 8205 64,169 69A83 4.619 66.165 None ofthe Foundath)n's acknvityes 7hwe y*ed ordlsc0ntirMd thrlng theabove erd. 13
ACORN CHRisllAN FOUNDATION Balance sheet at 31 March 2021 20 2020 4.713 Sto( Debtors Cash èt bank and hand li 11,760 65,805 77.763 1.122 68.641 69,%1 Credltots: amounts falling due wit ofie 6.750 7L013 6L452 74502 Funds Unrestricted Restricted Totsl Funds carried forward 14 63,969 2,196 66,165 4.619 74.502 These accounts have been prepared in accordart with the provtsions applicable to companies subject to the small ompanies rewme wtthlft Part IS of the Cornpanies Act 2(1)6 and with Finanoal Reportin8 Standard 1021FRS 102). Forthe finanual year ended 31 Marth 2021 thecompany was entitled to exemption from audit under section 477 Companie5 Act 2CK)6. No member of the company has deposited a riCe, pursuant to sertion 476, requirir an audtt ofthese financial Statn underthe requiremLyNs ofthe Companies Art 26. The dlrertors ackno¥Aed8e thelr responsibilities forensuringthatthe company keeps a¢¢ountin8 rordS whrth compty wlth settion 386 of the Act and for prepwtn8 finèn¢ial statements give a true and fair view of the stste of affairs of the compary as at the ertd of the finan(ialyear ar of its profft or loss ftsr thefinancialyvdr in ac£ordance with the requirements of settion5 394 and 395 and which otherwise comth with the requlrements of the Companies Act 2( relating to accourrts. so far a5 appllcableto the ccrfnpany. They were ap ristopher Goff Mrs £lizabèth Slinn 14
ACORN CHRisllAN FOUNDATION Notes to the flnanaal statements for the year ended 31 March 2021 l A¢countlng polKies The pdnapal ac£ounting polictes whith are adw conthnty in the WePara ofthefin¥Kial statèments are set out below. The flnandal ststements have been prepared under the histortcal Cost convention with Items recognised at cost or trar6a¢tÉon value unless othwwtse Stated in the reEeRnt notes tothe5efinandal statements. The financial statements have been prepared in aordance the (tharities Statement rjf Recommended Practice (Charities SORP (FR$ 10211. FinarKial Rewrih Stsndard 102 IFRS 1021 and the Companie5 Act 2006. Acom Christian Foundatiorl meets the definttsort of a public benefft ent¥ty under FRS 102. bj lftcon Income ts recwised whffi the dwrity is legally entitled to it after any perfOrrnan conditions have been rnet. the amounts can be meare rellav. and it is pr¢b3ble that income will be recei. Expenditure is recognised On there is a legal orconstruclive obfigatx>n to make a pent to a third party, ft is probable that Sett[et will be requir81 and the anv)unt ofthe obltyton catt be measured reliably. AIIo¢atiiin OfexnjtUre apportILyd on an appropriate basis as detaFled in thesupixyt Cost note. The cost of any unused how entitlement is recognised in the period in whlth the emthegs suvlces are received. Termination benefft5 are recognised immerfntety as an exper when the ¢ompary 15 demonstrably commltted to terminatethe employm&rt ofan employee or to provK4e termination benefits Tangrble fixed assets a nduded in the balan sheetatc¢stor at marketvalue * date of thewft Assets costing less than £l.(KX) are Depreoation 15 provided on all tangible flxed assets at rates Calw1a to write off the full Cost or valuation tess esrimated residual value of each asset over Tts estimated usefvl life. The princip81 r4te5 in use are: Investments Indu atfalr [e at the balano Sheet date. Sto( and prow5 15 vakted at ofcost and estim*ed net realtsablerdlu h) Debto 15
ACORN CHRisfiAN FOUNDATION Notes to the flnanaal statements for the year ended 31 Marth 2021 Cash and cash equivalents include cash In hand. depos hetd at call bank%. ottrrshort.trni Ilquld inve5trnents with original maturities ofthree montr6 or kn. and bank 0drafts. Credltors and provisions are recognised where the tharity has a presèrt obligation arisi from a past event that will probabty resum in the transfer of fijnds to a third party and the amount due to settle the obligatKJn can be measured orestimated rellabty. Creditors and prvllslons are fecognised at thelr settlement amount. The thartty onty has finarKial assets ar ItalJilitie5 of a kind that qualify as basic financial in5trurnents. Basic ffinancial instruments are initially reccenised at transaction value and subsequently measured at thelr settknent val IJ VAT The charity is not registwed for VATand (OrlexpenditUre indudes VATffiere appropriate. The trustees have a$Sed whethtt use of the goi concern basis 15 appropriate and have corrsidered posslble wents or conditions that mi8ht cast signthcant doubt on the ability of the charity to continue as a going COnM. The twstees have made this asswment for a period ofat teast one yearfrom the date of approval of the finanaal ststemerts. The trustees have 8iven due consideration for the ¢x)g(xn8 effects of the d-19 outbreak The tharity is largely sheltwed frorn the expected effect5 of this dueto its loyal donor base, its move to a digital platfomi and from carryi suffioent free resÈrves to carry through any temporary loss of incom& The trustees have conduded that there is a reasonable expectation that the chartty has adequate resources to continue to operate for the foreseeable future. The chartty therefore continues to adopt the goi concern basis in wepar1% its financial Staternts. Unrestrt(ted furKls areexptsb * the dtsuwin)n oftsTriLStees In fvrthan of the objects of the charlty. Restritted fijnds are funds subject to speafictrusts. which may be dedared bythe donor Of With thelr authority but still wtthin the obje¢L% of the tharFty. The restricted fund5 rele4ant to Acorn Christian Foundation are restricted income funds. whKh are endable at the dis¢retton of the Trustees in furtherance ofsorre partKular aspects of the objects ofthe drIty. 16
ACORN CHRISTIAN FOUNDATION Notes to the finandal ststements for the year ended 31 March 2021 TOTAL FUNDS Fu Donation5 Grants Legacres 86,762 20SIX) 35.098 1423 2AII 89,573 20.5 35,098 145.171 109,684 47,400 1811 158,084 Retreat Centre courses & e¥ents Other 3W7 4,212 8.019 Healin8 Courses & erfents 1.881 1.881 Tralnln8 Course fees Growin8 a Healing Mlnts Just Usten DVD/VSdeo and Licen¢e5 Other I439 826 1.020 I49 826 1,020 304 16.989 33.954 1052 2,469 2.773 41.248 16,989 Total 22.337 22.337 51,147 Bank interest IT
ACORN CHRisnAN FOUNDATION Notes to the finandal ststements for the year ended 31 March 2021 Totsl 121 T•)t•l 20 Retreat Cemre & Books Healin8 Tralning 79.791 30.976 96,562 195 42,808 43. 116.186 81.017 J,189 207,328 6 Support Costs Stsff costs Property costs Offi¢e running costs 2021 66.271 rime 316 Activity 11.547 3,271 81.405 33.135 33.135 316 3510 1.635 38.596 8.037 42.808 IrKlu&ing Rertricted funds: 42 81,017 2020 Wa8es and Salaries S(KÉal seujrity costs Pension costs 1.251 6.523 126.312 11.055 5.988 133.475 143,355 18
ACORN CHRISTIAN FOUNDATION Notes to the financial ststements for the year ended 31 Marth 2021 The average numberof employees durirytheyear i5 set ¢xrt beliyw. Many of the5ework part tlme. 2021 2020 Plumber Retreat Qntre & Books Healing Training Therewere no empbyees with emoluments ab(Ne £60.¢• Nofte of the trustees received any remuneration etther dlrecuy or 1rKlirect from theTrust durlrvd thls war. No trustees recdved remuneration of travdling ÈxperLses from the Trust duri the year12020: £nill. Trustee's liability insurance was provlded thrirtgthe year at a cost of £64312020: £5291. Donatlons from trustees durIthe¥eartOta11ed £L62012020: £1.7581 Remuneration of key mana8ement per50nnd ES as follows: Aggregate remuneratlon 45.39ti 48.012 8 Net lrt¢ome Thls is stated after charglng: Depreuatlon Independent examiner's fee 1.224 2.lrxi 1.153 2,1 . 9 Taxatlon 19
ACORN CHRISTIAN FOUNDATION Notes to the financial statements for the year ended 31 March 2021 10 Tan8lble I1x asxts At l April 2020 Additions DFspcwIs At 31 March 2021 5.477 5A77 At l April 2020 Charge for year Disposals At 31 March 2021 L022 L410 1224 2.117 517 2.634 Net book values At 31 Marth 2021 At 31 March 2020 4A55 4.713 Other debtors Prepaid expenses and acmied IrKome Income tax recoverable 11.261 49) 11,760 351 701 1,122 12 cred110 amtymtsfallln8 due wfthkn Tradè creditor5 Accruals and deferred income 382 1,086 7.423 8.509 6.750
ACORN CHRISTIAN FOUNDATION Notes to the financlal statements for the year ended 31 Marth 2021 31 MaTth 2021 l AWH 2020 ITraftsfvs Bursary Retreat and Travel Funds L168 1.028 1.168 3,451 4.619 1811 211 The balance on the Bursary Fund represents the unexpended balantr of donatlon5 held on trust to be applied for financial assistint0 persons wishing tt+ attend courses but unable to meet the fijll cost out 0fthr own resour. The Retreat FurKI and Travel fundswere donatlwts made to enablethe Directorto go on retrtst and on a visit to AustralFa Total Fixed assets Net current assets 3.489 71.013 74.502 4,713 61,452 66,165 69.754 1.259 4,619 The charlty operate5 a defined contributsn penslon stherneand contributes to employees, personal schemes. The assets otthe schemes are hèld 5eparatety from those of the chartty In irtyendentlyadmlni5tered funds. The penslon cost and charge represents LThinS payth by the dwtyto the fvrth and amounted to £5,702 {2020: £5.9881. The ctsrity had no fJJwre kase commItM under Lljeraliry knes and no lea* dwrges In the year12020: £nlll 21