Evangel Church (Durham)
Evangel Church (Durham) Trustees' Report and Financial Statements For the year ended 31st December 2022
Registered Charity No. 1081574
Evangel Church (Durham)
| Contents | |
|---|---|
| Page | |
| Legal and administrative information | 1 |
| Trustees' report | 2 - 4 |
| Independent examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 - 12 |
Evangel Church (Durham)
Legal and administrative information
Status : Declaration of Trust dated 18th September 1988
| Trustees | Joseph Corry Walton |
|---|---|
| Kenneth John Parsons | |
| Sandra Rooney | |
| Shirley Linda Lewis | |
| Christine Wilson | |
| Registered Office | Evangel Church |
| Clifford terrace | |
| Co. Durham | |
| DH3 3JL | |
| Independent Examiner | B J Straughan FCA |
| B J Straughan and Co | |
| Epworth House | |
| 7 Lucy Street | |
| Chester le Street | |
| DH3 3UP | |
| Business address | Evangel Church |
| Clifford terrace | |
| Co. Durham | |
| DH3 3JL | |
| Bankers | Co-operative Bank Plc |
| P 0 Box 50 | |
| Skelmersdale | |
| WN8 6YL |
Page 1
Evangel Church (Durham)
Trustees' Report For the year ended 31st December 2022
Charitable Objects
The objects are "to advance Christian Religion, in particular to continue an existing work as a church in Chester-le-Street, Co. Durham and in such other place or places as shall be decided upon, the furtherance of other charitable work of the Church consistently with the doctrines by proclaiming and furthering the Gospel of God concerning His Son Jesus Christ Our Lord and the preaching and teaching of the Word of God ('The Gospel") consistently with the statement of faith ("the Doctrine") set forth in the Schedule hereto".
These objects are self-explanatory, but have been, and are being, satisfied by the maintaining of a congregation and church structure among a group of believers centred in the church at Durham Road, Chester-le-Street.
Organisational Structure
The Charity is a Trust governed by a Board of Trustees, which meets approximately quarterly, its decisions are made by the unanimous agreement of the Trustees. Trustees are appointed by resolution of the existing Trustees. It is an autonomous legal entity.
Review of activities and achievements
We have held a morning and an evening service every Sunday throughout the year, including Christmas day, providing worship, Holy Communion and Biblical teaching and presentation of the Gospel of Salvation, and a meeting on Thursday evenings
We have continued our telephone services on Sunday afternoons, particularly for those unable to attend church and this has been well supported.
Our visiting team, being Peter Luckman one of our elders, and Shirley Lewis our deacon, have continued ministering practically and spiritually to disadvantaged, elderly and sick members. Small Christmas gifts were distributed to all our members. New members have been added to the church and a baptism service has been held.
We have continued to provide Durham Christian Partnership with space at cost, this area houses their various expanding community-oriented ministries including food bank distribution, and, since 2022, debt and addiction counselling.
Overseas ministries continued to be supported in India, the Philippines, and Russia to the extent of £2100.
Following last year’s decoration of the Sanctuary, we have redesigned and rebuilt the platform and baptistry, and new carpeting and wood effect flooring have been fitted, the cost of these improvements in 2022 being approximately £23,000.
Other minor repairs and maintenance have been carried out including repairs to the garden wall and roof.
As at 30th September 2023 the restricted fund for building work stood at £11,195, which will be absorbed in necessary re-roofing the back hall
As always, my personal thanks go to the whole church membership, trustees and officers for their unwavering support and love in what has been a difficult year for myself and my wife
Page 2
Evangel Church (Durham) Trustees Report (continued) For the year ended 31st December 2022
Reserves
The policy on reserves is to leave sufficient reserves in the unrestricted funds to meet planned objectives, and to have three months' expenditure in hand after allowing for current liabilities. At 31st December 2022 net current assets were £7,470 of which £5,894 was attributable to restricted funds, leaving £1,576 unrestricted.
Also comprised within unrestricted funds are the church building with a written down value of £105,222 and equipment with a written down value of £5,235
As at 31/12/2022 the reserves of the Charity were:
| Restricted for building improvements Unrestricted funds At 30th Septemberl 2023 the net balnces in the funds were : Unrestricted Contingency Building Fund Total Total income 01/01/2023 to 30/09/2023 was |
5,894 108,251 |
|---|---|
| 114,145 | |
| £10,255 £724 £11,195 |
|
| £22,174 | |
| £37,766 |
Going Concern
In the opinion of the Trustees the charity can continue to operate for the foreseeable future and the going concern basis of accounting is therefore appropriate.
Investment powers, policy and performance
Funds not immediately needed are invested on short term deposit.
Grant making policy
The charity makes grants exclusively to ministries or ministers in response to needs personally known to the Trustees, and they do not consider applications from fundraisers.
Governance and internal control
The major risks to which the charity is exposed, as identified by the Trustees, have been reviewed and systems have been established to mitigate those risks.
Page 3
Evangel Church (Durham) Trustees Report (continued) For the year ended 31st December 2022
Statement of Trustees' responsibilities
Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the year end and of its incoming resources and resources expended during that year. In preparing those financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently,
make judgments and estimates that are reasonable and prudent,
state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed in the financial statements, and,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Trustees on ……………………………………... and signed on their behalf by:
Rev J C Walton
Page 4
Evangel Church (Durham)
Independent Examiner's Report to the Trustees of Evangel Church Durham
I report on the accounts of the Church for the year ended 31st December 2022 which are set out on pages 6 to 12.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 and that an independent examination is needed.
It is my responsibility to :
examine the accounts (under section 145 of the 2011 Act);
follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act); and
state whether particular matters have come to my attention.
Basis of Independent Examiner's statement
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent Examiner's statement
In connection with my examination, no matter has come to my attention which gives me cause to believe that in any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (accounts and reports) Regulation 2008 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.
I 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.
................................................... B J Straughan B J Straughan and Co Chartered Accountants
............................................... Date
Epworth House 7 Lucy Street Chester le Street County Durham DH3 3UP
Page 5
Evangel Church (Durham)
Statement of Financial Activities
For the year ended 31st December 2022
| Notes Income and endowments from: Donations 2 Investment income Other 3 Total Expenditure on Charitable activities: Grants payable 4 Premises, teaching and worship and pastoral costs 5 Support costs 6 Management and administration 7 Total Net income Transfers between funds Net movement in funds Total funds brought forward Total funds carried forward |
Unrestricted Funds Restricted Funds 2022 Total 2021 Total £ £ £ £ 36337 4627 40964 42629 0 0 0 1 5300 0 5300 3660 |
|---|---|
| 41637 4627 46264 46290 |
|
| 2286 0 2286 2923 29602 17014 46616 34492 3782 0 3782 3503 4456 0 4456 3779 |
|
| 40126 17014 57140 44697 |
|
| 1511 -12387 -10876 1593 -17183 17183 0 0 |
|
| -15672 4796 -10876 1593 123923 1098 125021 123428 |
|
| 108251 5894 114145 125021 |
The notes on pages 8 to 12 form an integral part of these financial statements
Page 6
Evangel Church (Durham)
Balance Sheet As at 31st December 2022
.
| Balance Sheet As at 31st December 2022 . |
|
|---|---|
| Notes Fixed assets Tangible assets 9 Current assets Debtors 10 Cash at bank and in hand Creditors: amounts falling due within one year 11 Net current assets Net assets Funds Unrestricted funds 13 Restricted funds 14 |
£ £ £ £ 106675 110457 1966 1141 9303 15332 11269 16473 -3799 -1909 7470 14564 114145 125021 108251 123923 5894 1098 114145 125021 2022 2021 |
The notes on pages 8 to 12 form an integral part of these financial statements
This report was approved by the Trustees on ……………………………………... and signed on their behalf by:
Rev J C Walton
Page7
Evangel Church (Durham)
Notes to the financial statements For the year ended 31st December 2022
1 Accounting Policies
a) Basis of preparation
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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 United Kingdom and Republic of Ireland (FRS 102) issued on 16 July 2014, the Charities Act 2011 and UK Generally Accepted Accounting Practice as it applies from 1st January 2016.
The financial statements are prepared on a going concern basis under the historical cost convention.
b) Incoming resources
Voluntary income is received by way of donations and gifts and is included in full in the Statement of financial Activities when receivable. Gifts donated for resale are included as income when they are sold. Donated assets are included at the value to the charity where this can be quantified and a third party is bearing the cost. The value of services provided by volunteers has not been included.
Income from investments is included in the year in which it is receivable.
c) Resources expended
Resources expended are recognised in the year in which they are incurred.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.
Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
d) Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Freehold premises - none before 2011, additions thereafter, 4 - 20% straight line
PA and video 20% straight line Fixtures, fittings and equipment 10% straight line Piano 10% straight line
Page 8
Evangel Church (Durham)
Notes to the financial statements ( continued )
| For the year ended 31st December 2022 2 Donations Tithes and Offerings except gift aided Gift aided donations Income from voluntary fund raising activities Special gifts 3 Other Gifts from outside organisations for use of premises: Foodbank Polling station fee 4 Grants payable Gifts against poverty Gifts to missionaries and other institutions DCMCH Childrens Home Ministry to sick or elderly Gift to Misionary to Russia 5 Premises, teaching and worship, and pastoral costs Premises Light, heat and water Repairs and maintenance Teaching and worship Church supplies and small gifts Virtual services Children Hospitality Wedding and funerals Pastoral Staff costs ( note 8 ) Travel by Elders 6 Support cost Depreciation of office equipment, PA and piano and buildings |
Unrestricted Funds Restricted Funds 2022 Total Unrestricted Funds Restricted Funds 2021 Total 14341 0 14341 21125 0 21125 19110 0 19110 12876 3520 16396 1233 0 1233 453 0 453 3260 3020 6280 0 4655 4655 2022 2021 |
|---|---|
| 37944 3020 40964 34454 8175 42629 |
|
| Unrestricted Funds Restricted Funds 2022 Total Unrestricted Funds Restricted Funds 2021 Total 5300 5300 3500 0 3500 0 0 160 0 160 |
|
| 5300 0 5300 3660 0 3660 |
|
| Unrestricted Funds Restricted Funds 2022 Total Unrestricted Funds Restricted Funds 2021 Total 0 0 0 50 0 50 960 0 960 1260 0 1260 840 0 840 840 0 840 186 0 186 248 0 248 300 0 300 525 0 525 |
|
| 2286 0 2286 2923 0 2923 |
|
| Unrestricted Funds Restricted Funds 2022 Total Unrestricted Funds Restricted Funds 2021 Total 4612 0 4612 3138 0 3138 6078 17014 23092 5400 8745 14145 1266 0 1266 285 0 285 110 0 110 120 0 120 136 0 136 128 0 128 77 0 77 0 0 280 0 280 410 0 410 15603 0 15603 14325 0 14325 1440 0 1440 1941 0 1941 |
|
| 29602 17014 46616 25747 8745 34492 |
|
| Unrestricted Funds Restricted Funds 2022 Total Unrestricted Funds Restricted Funds 2021 Total 3782 0 3782 3503 0 3503 |
|
| 3782 0 3782 3503 0 3503 |
Page 9
Evangel Church (Durham )
| Notes to the financial statements ( continued) For the year ended 31st December 2022 7 Management and administration Publicity Insurances Printing, postage and stationery Independent examiner's fee Staff training and reference material Payroll and software Pastor's office expenses Treasurer's office expenses Internet services Legal and Professional |
Unrestricted Funds Restricted Funds 2022 Total Unrestricted Funds Restricted Funds 2021 Total 202 202 124 124 1458 1458 1397 1397 148 148 162 162 941 941 706 706 0 0 29 29 129 129 288 288 312 312 312 312 312 312 234 234 528 528 527 527 426 426 0 0 2022 2021 |
|---|---|
| 4456 0 4456 3779 0 3779 |
8 Trustees' emoluments
During the year, Pastor J.C. Walton earned £12,668 for his services as a Pastor and was reimbursed £535.50 for travelling expenses and £312 for the use of his home as an office and for the use of his telephone. There were also payments totalling £2,400 into his pension plan.
| 9 Tangible fixed assets Cost At 1st January 2022 Additions At 31st December 2022 Depreciation At 1st January 2022 Charge for year At 31st December 2022 Net book values At 31st December 2022 At 31st December 2021 |
Freehold land and buildings Furniture Fixtures and Fittings PA and Video Piano Total 118960 17239 808 1889 138896 0 0 0 0 0 |
|---|---|
| 118960 17239 808 1889 138896 |
|
| 13738 12004 808 1889 28439 2744 1038 0 0 3782 |
|
| 16482 13042 808 1889 32221 |
|
| 102478 4197 0 0 106675 |
|
| 105222 5235 0 0 110457 |
Page 10
Evangel Church (Durham)
Notes to the financial statements ( continued) For the year ended 31st December 2022
| 10 Debtors Other Debtors Income tax recoverable Prepayments 11 Creditors: amounts falling due within one year Creditors PAYE and social security costs Sundry creditors and accruals |
Unrestricted Funds Restricted Funds 2022 Total 2021 Total 0 0 0 606 1260 617 1877 300 89 0 89 235 |
|---|---|
| 1349 617 1966 1141 |
|
| Unrestricted Funds Restricted Funds 2022 Total 2021 Total 1295 0 1295 413 716 0 716 399 1788 0 1788 1097 |
|
| 3799 0 3799 1909 |
| 12 Analysis of net assets between funds Fund balances at 31st December 2022, represented by: Tangible fixed assets Current assets Current liabilities |
Unrestricted Funds Restricted Funds 2022 Total 106675 0 106675 5375 5894 11269 -3799 0 -3799 |
|---|---|
| 108251 5894 114145 |
Page 11
Evangel Church (Durham)
Notes to the financial statements ( continued ) For the year ended 31st December 2022
| 13 Unrestricted funds General resources Designated fund contingency Designated building fund |
As at 01/01/2021 Incoming resources Outgoing Resources Transfer between Funds As at 31/12/2021 123898 40862 40126 0 124634 25 775 0 0 800 0 0 0 0 |
|---|---|
| 123923 41637 40126 0 125434 |
Purposes of designated funds:
Designated fund : contingency. A fund is maintained should a need arise within the Church, eg any member in financial need. Following the death of Rev John Levy, whose teaching ministry was operated under the name of Nehemiah Project, the fund has been maintained at £25.00 per calander month plus gits from Church members.
| 14 Restricted funds Building expansion fund |
As at 01/01/2021 Incoming resources Outgoing Resources Transfer between Funds As at 31/12/2021 1098 4627 17014 17183 5894 |
|---|---|
| 1098 4627 17014 17183 5894 |
Purposes of restricted funds:
The building expansion fund is to meet the cost of proposed works where the donors have specifically required it to be so used and it is maintained out of such donations, any grants from external sources and repayments received under gift aid since the fund was set up.
14 Related Party transaction
A company wholly owned by a relative of a trustee K J Parsons, David Parsons Limited, did building work for the Charity, to the extent of £970
Page 12