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2021-12-31-accounts

EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2021 1

Trustees’ Annual Report

(Accompanying Receipts and Payment Accounts)

Eagle’s Nest Church Arnold

PO Box 6393

Arnold

Nottingham

NG5 6GL

Charity Commission Registered Number 1082849

Financial Year 1 January 2021 – 31 December 2021

Principal Contact: John Fahy

www.eaglesnest.org.uk

2 EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2021

Governing Document

Eagle’s Nest Church Arnold adopted the Assemblies of God Model Trust Deed dated 30 March 2000 and amended 7 May 2006.

Objectives of the Charity

The objectives of Eagle’s Nest Church Arnold are for the benefit of the public:

Scope

Eagle’s Nest Church exists to impact the town of Arnold, Nottingham by building community and making a tangible, positive difference to the residents of Arnold. Also we support development projects in other countries where we have built relational links. Finally our purpose is to facilitate a vibrant, growing church in Arnold.

Activities and Achievements

2021 has continued to be a year significantly impacted by Covid-19. From January until Easter we held online services. We were able to broadcast live on YouTube from The Redhill Academy. On Easter Sunday we met to sing and worship in the car park and then moved inside for the rest of the service, where mask wearing was required. Government Legislation was followed at all times.

Sunday Services

From Easter the congregation was invited to join us for in-person services which included the usual restrictions: booking in for church, mask wearing, social distancing, sanitising and no singing. But we did arrange some outdoor services where singing was allowed

Kids and Youth

Our kids and youth programs were able to resume in a careful and safe manner in 2021. Eagle’s Kids was able to run on Sundays where up to 20 children attended for games, activities and teaching. Our young people attended the DTI Youth Festival in Nottingham during August 2021.

EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2021 3

Hubs

Attendees of Eagle’s Nest Church are also invited to join a mid-week group of around 6-10 members. These were a mix of online and in-person groups during 2021.

Community

Our community support focused on a shopping scheme for those shielding during the pandemic. Volunteers from Eagle’s Nest would shop on behalf of individuals and the payments would be reimbursed through our Covid-19 Restricted fund. Craft packs were also posted to our children’s club members during the Lockdown.

Partnering with a number of other Arnold Churches, and organised under guidance from Trussell Trust, we are also involved in running a local Foodbank Scheme. The Arnold Foodbank was an invaluable resource to many people in the pandemic. Food donations were high and the Foodbank Team switched to delivering food parcels to prevent mixing between Foodbank recipients.

In addition, we are partnered with Hope into Action helping to deliver practical support for families suffering the threat of homelessness, by providing housing, counselling, befriending and other essential services.

Financial Review

The total income for 2021 of £105,842 was predominantly provided by the generous donations of the members of Eagle’s Nest Church. This included restricted donations of £16,729. Expenditure for 2021 totalled £92,592. Careful monitoring of charity’s income and expenditure meant that we ended 2021 with a year end balance of £62,487.

In total 79% (£73,480) of our expenditure was spent on the regular church activities including Sunday church, Hubs, pastoral care and the general running of the church. 21% (£19,113) was spent on external community people and projects both locally and overseas.

Full details of our finances can be found in the accompanying receipts and payments accounts.

Names of Trustees

Reserves and Investment Policy

The Church Council have established a policy whereby the unrestricted funds not committed should be ideally three months of the resource required.

The Trustees consider the returns on investment to be satisfactory.

Governance

The Eldership provides spiritual oversight of the church. The Elders of the church appoint Trustees and the Trustees collectively form the Church Council. The legal authority is placed in the Church Council.

4 EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2021

Asset Register

Professional Advisers

HSBC Bank, 104 Front St, Arnold, Nottingham, NG5 7EG

Geldard's LLP Solicitors, Number One Pride Place, Pride Park, Derby, DE24 8QR

Andrew Pearson, FMCA Executive Practice, 87 Main St, Newton Linford, Leicestershire LE6 0AF

Grant-making Policy

Grants are made to associated charities with compatible objectives and to individuals with needs that fall within the scope of our charitable objectives.

Review of Major Risks

After a review of the risks, the Church Fellowship Insurance Policy, Data and Safeguarding Policy were updated.

Volunteers

We would like to thank all the volunteers who work hard to make our church the lively and vibrant gathering it is and also for running community events that make a positive impact on the lives of hundreds of people and families in the town of Arnold.

Supported Charities

Eagle’s Nest Church has existing partnerships with various charities involved in mission work and community transformation both locally and worldwide. In particular:

Eagle's Nest Community Action

ENCA is a newly formed Charity Limited by Guarantee to provide a legal structure for the management of Eagle's Nest Centre and other charity community projects in Arnold and the surrounding area.

The King’s Village Ghana

We continue to financially contribute toward The King’s Village in Ghana, enabling the advancement of education and inclusion of their communities. The support is directed through the UK Charity ‘The King's Village Ghana,' charity number 1182366, which then oversees and transfers funds to the Ghanaian NGO. More information can be found at www.tkvg.org.uk

Assemblies of God

The Assemblies of God in Great Britain is the largest Pentecostal

Denomination and serves a membership of some six hundred churches nationwide. Eagle’s Nest Church has been in affiliation with the denomination since 2000. Each member church donates 3% of their annual income to support the administration and wider work of the denomination.

EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2021 5

NG Church Network, Nottingham

The church minister, John Fahy, continues to hold an active role in the wider NG Church Network. We contribute monthly to a fund that supports integrated projects across Nottingham and Nottinghamshire.

Evangelical Alliance

Eagle’s Nest Church has been fully affiliated to the Evangelical Alliance since 2000.

73[rd] Trust

Eagle’s Nest Church supports the 73[rd] Trust which exists to engage the unchurched through relevant communication of the Gospel. It provides resources for churches as it seeks to reach out and make a difference in this nation and to act as a support base for Mark Ritchie, that will enable him to pioneer numerous and diverse channels of the Gospel to today's generation.

Arnold Foodbank

The Arnold Foodbank was established under the guidance of The Trussell Trust. We are one of a number of local charities that supports the Arnold Foodbank. During 2013 the Foodbank received 1200 vouchers which equated to over 2500 people, 25000 meals provided, almost 20 tonnes of food supplied!

Hope into Action

Hope into Action provides homes for the most vulnerable in society in partnership with local churches.

Eagles Nest Church Arnold (Reg No 1082849) Receipts and Payments Account for the year ended 31 December 2021

£
£
INCOME
Notes
Restricted
Unrestricted
Total
Total
Total
Funds
2021
2020
Charitable Activities
Other
831
831
1100
Donations
The King's Village GHANA
-
-
448
NG
10,277
10,277
1,200
Awards For All
-
-
COVID-19
252
252
1,092
Other Donations
68,390
68,390
63,575
Grants
Council
3,950
3,950
1,250
LIS
2,250
2,250
3,000
Other Income
CJRS Furlough
-
4,774
4,774
178
Gift Aid
-
15,116
15,116
25,940
Investment Income
-
2
2
17
TOTAL INCOME
16,729
89,113
105,842
97,800
EXPENSES
£
£
Administration
-
3,449
3,449
2,772
Charity Hub
-
-
-
Evangelism & Counselling
Other
-
503
503
Family Fun & Events
-
-
-
-
Kids Work
Council
1,449
-
1,449
1,956
LIS
44
-
44
336
Awards For All
-
-
-
2,525
Other
-
3,628
3,628
9,569
Mid Week Courses
-
756
756
209
Ministry
-
40,747
40,747
43,032
Other Charities
NG
6,208
-
6,208
Other
-
12,138
12,138
7,258
Pastoral
COVID-19
216
-
216
1128
NG
1,000
-
1,000
Other
-
1,188
1,188
775
Sunday Service
-
12,076
12,076
6,572
Training & Development
-
155
155
257
Youth Work
SOS
-
-
-
Council
-
-
-
97
LIS
1,087
-
1,087
352
Other
7,948
7,948
4,972
TOTAL EXPENSES
10,004
82,588
92,592
81,810
Funds Transfer
-
-
TOTAL INCOME - EXPENSES
6,725
6,525
13,250
15,990
Account Balances as at 31 December 2021
Assets
Restricted
Unrestricted
£
£
Funds
Funds
2021
2020
Bank Accounts
Deposit Account
-
17,579
17,579
17,577
Current Account
6,723
38,185
44,908
31,247
6,723
55,764
62,487
48,824
Other Assets
Loan to ENCA
-
4,943
4,943
5,357
Total Assets
6,723
60,707
67,430
54,181
Funds
Restricted
LIS
1,118
1,118
3,830
Council
2,501
2,501
-
NG
3,068
3,068
1,200
COVID-19
36
36
-
Unrestricted
60,707
60,707
49,151
6,723
60,707
67,430
54,181
Signed
Trustees
Chairman
John Fahy
Treasurer
Julian Bond
Date		 Restricted
Unrestricted
Total
Funds
831
-
10,277
252
68,390
3,950
2,250
-
4,774
-
15,116
-
2		 £
£
Total
Total
2021
2020
831
1100
-
448
10,277
1,200
-
-
252
1,092
68,390
63,575
3,950
1,250
2,250
3,000
4,774
178
15,116
25,940
2
17
16,729
89,113		 105,842
97,800
-
3,449
-
-
-
503
-
-
1,449
-
44
-
-
-
-
3,628
-
756
-
40,747
6,208
-
-
12,138
216
-
1,000
-
-
1,188
-
12,076
-
155
-
-
-
-
1,087
-
7,948		 £
£
3,449
2,772
-
503
-
-
1,449
1,956
44
336
-
2,525
3,628
9,569
756
209
40,747
43,032
6,208
12,138
7,258
216
1128
1,000
1,188
775
12,076
6,572
155
257
-
-
97
1,087
352
7,948
4,972
10,004
82,588		 92,592
81,810
13,250
15,990
62,487
48,824
4,943
5,357
67,430
54,181
1,118
3,830
2,501
-
3,068
1,200
36
-
60,707
49,151
67,430
54,181
John Fahy
Julian Bond

Independent Examiners Report on the Accounts Eagles Nest Church Arnold (Reg No 1082849) for the year ended 31 December 2021

Report to the Trustees/Members

I report to the charity trustees on my examination for the year ended 31 December 2021 which are set out below

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. 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 the 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 material matters have come to my attention which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Independent Examiner Date 28 August 2022

Andrew Pearson F.C.M.A.

87 Main Street

Newtown Linford Leicestershire

LE6 0AF