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2023-03-31-accounts

REGISTERED COMPANY NUMBER: 03990456 (England and Wales)

Report of the Trustees and

Financial Statements

for the Year Ended 31 March 2023

for

South Normanton Community Church

South Normanton Community Church

Contents of the Financial Statements for the Year Ended 31 March 2023

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7 to 8
Notes to the Financial Statements 9 to 14
Detailed Statement of Financial Activities 15 to 16

South Normanton Community Church

Report of the Trustees for the Year Ended 31 March 2023

The Trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable the in UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

The objectives of the Charity are:

(a) To advance the Christian faith in the UK and overseas - by the church providing activities in the local community and overseas. Locally the church offers regular weekly worship, teaching, fellowship and guidance within the community. Overseas the church is involved in humanitarian projects as well as directly supporting two roles.

(b) To develop evangelism and outreach, providing opportunity for all to respond to the Gospel of Jesus Christ and to commit their lives to him.

(c) To serve, through social action and evangelism - the under privileged, deprived and/or those who feel rejected.

(d) To provide a relevant and Biblical approach to worship using music, drama and other means of a high quality, essential for effective communication in today's culture and to enable Christians to encourage each other in their faith and disciple other people.

(e) To strengthen the faith of Christians through sound biblical teaching, fellowship and prayer so they are able to stand for Christ in today's world.

(f) To promote and encourage work with children and young people, recognising that they need to be nurtured and respected and to integrate them into the church.

Page 1

South Normanton Community Church

Report of the Trustees for the Year Ended 31 March 2023

ACHIEVEMENT AND PERFORMANCE

We are continuing to meet as church members. Our aim continues to be to work in the best interests of the wider community.

South Normanton Community Church (www.southnormantoncommunitychurch.com)

We continued to develop moral learning and foundational teaching increasing faith and hope in individual lives and the wider community. Our pastoral care extends into the local community, not just within the confines of the church, and this has continued to grow at a steady pace.

Thrive

Improvements are being made to the interior of the building to expand the capabilities of this valuable resource.

Home to a youth centre offering various activities, including internet accessibility. The delivery of services has not only been sustained, but also improved by working more closely with our partners.

Here we work in partnership with the SNaP Development Project which provides a range of activities for youth. (Improvements have been made to the building, which are ongoing.) We also hold SNCC small group meetings a "Friendly Bench" outreach. We negotiate with other partners to explore how by working together we can provide much needed services to local people.

Thrive also provides office space for our Pastor and Office Administrator.

Faso Fund

The FASO Fund continues to support work in Burkina Faso, South Africa and has expanded to include work in India.

Donations and gifts have continued to be received this year.

The Charity Shop

The charity shop has now operated for 13 years and income generated is used to support the work of the Faso Fund.

The shop has also acted as a catalyst for the local community, empowering many local people as volunteers. They are overseen by the shop manager and the assistant manager.

Partnership Working

In line with our aims and objectives we have developed links with:

Page 2

South Normanton Community Church

Report of the Trustees for the Year Ended 31 March 2023

FINANCIAL REVIEW

The Statement of Financial Activities is set out on Page 6 of the financial statements.

The Trustees are pleased with the results and year end financial position, which has remained stable, taking into account the current economic environment. The accounts are reviewed regularly with the aim of being able to provide a consistent level of activity, which can be maintained during the current year.

Investment Powers

These are governed by the Memorandum and Articles of Association which permit the funds to be invested in any investments, security or property that the Trustees see fit.

Reserves Policy

It is our expressed desire to operate with three months reserves in place. However we are constrained to a certain degree by the method in which our funders operate. Our policy is to only commit ourselves to expenditure after the funding has been approved.

Changes in fixed assets

The movements in fixed asset are set out in the notes to the accounts.

FUTURE PLANS

The trustees regularly review ongoing performance against objectives. Our current plans are detailed below:-

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document

The organisation is a charitable company limited by guarantee with no share capital, incorporated on 11 May 2000 and registered as a Charity on 19 March 2001. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.

Recruitment and Appointment of Trustees

The Board of Trustees, consisting of the six appointed members, administer the Charity.

Trustee Induction and Training

Trustee induction and online training is provided to ensure trustees are aware of their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision making process, the business plan and recent financial performance of the Charity. Trustees are encouraged to access additional training events where these will facilitate the undertaking of their role.

Related parties

Full disclosure of all related parties and the transactions therewith are contained in the notes to the financial statements.

Page 3

South Normanton Community Church

Report of the Trustees for the Year Ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT Public Benefit

The Trustees have had regard to the guidance, which from early 2008 meant we should report on the Charity's public benefit.

Two underlying principles are:

As well as benefiting people with spiritual well-being, we serve the community in general. The public benefit of each of our activities is detailed in the section 'Achievements and Performance'.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03990456 (England and Wales)

Registered Charity number

1085935

Registered office

39 High Street South Normanton Alfreton Derbyshire DE55 2AG

Trustees

Mr R King Mrs C A King Mr D Cook Mr M A Comins Mrs Z C Presland Mrs A L Turner

Independent Examiner

Wayne Thomas ACA Bates Weston LLP Chartered Accountants The Mills Canal Street Derby DE1 2RJ

Bankers

Unity Trust Bank Plc PO Box 7193 Planetary Road Wilenhall WV1 9DG

Approved by order of the board of trustees on 18 December 2023 and signed on its behalf by:

Mr R King - Trustee

Page 4

Independent Examiner's Report to the Trustees of South Normanton Community Church

Independent examiner's report to the trustees of South Normanton Community Church ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.

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

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:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. 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

  4. 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.

Wayne Thomas ACA

Bates Weston LLP Chartered Accountants The Mills Canal Street Derby DE1 2RJ

18 December 2023

Page 5

South Normanton Community Church

Statement of Financial Activities for the Year Ended 31 March 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and grants
2
81,982
EXPENDITURE ON
Charitable activities
3
Charitable Activities
71,518
NET INCOME/(EXPENDITURE)
10,464
Transfers between funds
10
6,587
Net movement in funds
17,051
RECONCILIATION OF FUNDS
Total funds brought forward
153,766
TOTAL FUNDS CARRIED FORWARD
170,817		 Restricted
funds
£
99,536
105,189
(5,653)
(6,587)
(12,240)
47,593
35,353		 2023
Total
funds
£
181,518
176,707
4,811
-
4,811
201,359
206,170		 2022
Total
funds
£
172,814
185,759
(12,945)
-
(12,945)
214,304
201,359

The notes form part of these financial statements

Page 6

South Normanton Community Church

Balance Sheet

31 March 2023

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
7
75,644
CURRENT ASSETS
Debtors
8
5,620
Cash at bank and in hand
92,905
98,525
CREDITORS
Amounts falling due within one year
9
(3,351)
NET CURRENT ASSETS
95,174
TOTAL ASSETS LESS CURRENT
LIABILITIES
170,818
NET ASSETS
170,818
FUNDS
10
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
1,570
33,782
35,352
-
35,352
35,352
35,352		 2023
Total
funds
£
75,644
7,190
126,687
133,877
(3,351)
130,526
206,170
206,170
170,818
35,352
206,170		 2022
Total
funds
£
76,500
7,215
122,465
129,680
(4,821)
124,859
201,359
201,359
153,766
47,593
201,359

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.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 7

continued...

South Normanton Community Church

Balance Sheet - continued 31 March 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 18 December 2023 and were signed on its behalf by:

Mr R King - Trustee

The notes form part of these financial statements

Page 8

South Normanton Community Church

Notes to the Financial Statements for the Year Ended 31 March 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Shop income represents the amounts receivable for goods sold to customers. It is recognised at the point of sale.

Donations, grants and gifts are accounted for when received. Any resultant deed of covenant or gift aid tax claim is included as part of the income for the year.

No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Expenditure includes any VAT which cannot be fully recovered and is included within the costs of activities.

Direct charitable expenditure is allocated to the relevant category or mission outreach as shown in the income and expenditure account. Administrative expenditure is classified according to the nature of the cost.

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include management, finance, and governance costs. They are incurred directly in support of expenditure on the objects of the charity.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at historical cost less accumulated depreciation. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost over the expected useful economic lives.

Freehold property - 2% on cost
Music PA Equipment - 25% on cost
Equipment - 25% on cost
Computer equipment - 25% on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Page 9

continued...

South Normanton Community Church

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

1. ACCOUNTING POLICIES - continued

Taxation

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

Fund accounting

Funds held by the Charity are either:

Unrestricted general funds - these are funds which can be used for any purpose which is in accordance with the Charity's objectives and at the discretion of the Trustees.

Restricted funds - these are funds that can only be used for a particular restricted purpose within the objectives of the Charity. Restrictions arise when specified by either the donor or by way of indication when certain funds are raised. Expenditure is accounted for on a paid basis with any liabilities being met by the general fund until sufficient funds are received to settle these.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Company details

The Charity is a company limited by guarantee. The members of the company are the trustees named on page 1. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity.

2. DONATIONS AND GRANTS

Donations
Grants
Gift aid recoverable
Shop income
Grants received, included in the above, are as follows:
Derbyshire County Council
HMRC CJRS Grant
Restart grant
Parish Council
Warm Spaces grant		 2023
£
95,062
1,882
22,673
61,901
181,518
2023
£
532
-
-
700
650
1,882		 2022
£
101,093
4,147
17,477
50,097		 2022
£
101,093
4,147
17,477
50,097
172,814
2022
£
-
1,480
2,667
-
-
4,147

Page 10

continued...

South Normanton Community Church

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

3. CHARITABLE ACTIVITIES COSTS

CHARITABLE ACTIVITIES COSTS
Direct Support
Costs costs Totals
£ £ £
Charitable Activities 146,175 30,532 176,707

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2023 2022
£ £
Depreciation - owned assets 1,982 1,915

5. TRUSTEES' REMUNERATION AND BENEFITS

During the year salary of £9,120 was paid to a trustee for non trustee services provided (2022: £11,285 paid to two trustees).

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.

6. STAFF COSTS

The average number of staff during the year was 4, (2022 - 6).

In the prior year this included 3 staff members who were employed by other agencies and we act as a 'salary bureau'.

2023 2022
£ £
Salaries and wages 52,998 46,807

During the year no employee received emoluments exceeding £60,000.

Page 11

continued...

South Normanton Community Church

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

7.
TANGIBLE FIXED ASSETS
Freehold
Music PA
Computer
property
Equipment
Equipment
equipment
Totals
£
£
£
£
£
COST
At 1 April 2022
85,000
4,986
9,785
694
100,465
Additions
-
-
-
1,126
1,126
At 31 March 2023
85,000
4,986
9,785
1,820
101,591
DEPRECIATION
At 1 April 2022
8,500
4,986
9,785
694
23,965
Charge for year
1,700
-
-
282
1,982
At 31 March 2023
10,200
4,986
9,785
976
25,947
NET BOOK VALUE
At 31 March 2023
74,800
-
-
844
75,644
At 31 March 2022
76,500
-
-
-
76,500
8.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
£
£
Other debtors
1,890
1,890
Gift aid recoverable
4,523
4,591
Prepayments
777
734
7,190
7,215
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
£
£
Trade creditors
735
2,554
Social security and other taxes
336
203
Accruals
2,280
2,064
3,351
4,821		 7.
TANGIBLE FIXED ASSETS
Freehold
Music PA
Computer
property
Equipment
Equipment
equipment
Totals
£
£
£
£
£
COST
At 1 April 2022
85,000
4,986
9,785
694
100,465
Additions
-
-
-
1,126
1,126
At 31 March 2023
85,000
4,986
9,785
1,820
101,591
DEPRECIATION
At 1 April 2022
8,500
4,986
9,785
694
23,965
Charge for year
1,700
-
-
282
1,982
At 31 March 2023
10,200
4,986
9,785
976
25,947
NET BOOK VALUE
At 31 March 2023
74,800
-
-
844
75,644
At 31 March 2022
76,500
-
-
-
76,500
8.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
£
£
Other debtors
1,890
1,890
Gift aid recoverable
4,523
4,591
Prepayments
777
734
7,190
7,215
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
£
£
Trade creditors
735
2,554
Social security and other taxes
336
203
Accruals
2,280
2,064
3,351
4,821		 7.
TANGIBLE FIXED ASSETS
Freehold
Music PA
Computer
property
Equipment
Equipment
equipment
Totals
£
£
£
£
£
COST
At 1 April 2022
85,000
4,986
9,785
694
100,465
Additions
-
-
-
1,126
1,126
At 31 March 2023
85,000
4,986
9,785
1,820
101,591
DEPRECIATION
At 1 April 2022
8,500
4,986
9,785
694
23,965
Charge for year
1,700
-
-
282
1,982
At 31 March 2023
10,200
4,986
9,785
976
25,947
NET BOOK VALUE
At 31 March 2023
74,800
-
-
844
75,644
At 31 March 2022
76,500
-
-
-
76,500
8.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
£
£
Other debtors
1,890
1,890
Gift aid recoverable
4,523
4,591
Prepayments
777
734
7,190
7,215
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
£
£
Trade creditors
735
2,554
Social security and other taxes
336
203
Accruals
2,280
2,064
3,351
4,821
23,965
1,982
25,947
75,644
76,500
2022
£
1,890
4,591
734
7,215
2022
£
2,554
203
2,064
4,821

Page 12

continued...

South Normanton Community Church

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

10. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
FASO Fund
Special Projects Fund
Thrive
Charity Shop Fund
TOTAL FUNDS
Net movement in funds, included in the above
Unrestricted funds
General fund
Restricted funds
FASO Fund
Special Projects Fund
Thrive
Charity Shop Fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
FASO Fund
Special Projects Fund
Thrive
Charity Shop Fund
TOTAL FUNDS		 At 1.4.22
£
153,766
8,333
31,350
4,795
3,115
47,593
201,359
are as follows:		 Net
movement
in funds
£
10,465
(2,966)
(974)
(2,110)
396
(5,654)
4,811

Incoming
resources
£
81,982
32,728
-
3,083
63,725
99,536
181,518
At 1.4.21
£
159,568
9,319
31,302
4,068
10,047
54,736
214,304		 Transfers
between
At
funds
31.3.23
£
£
6,587
170,818
-
5,367
(6,587)
23,789
-
2,685
-
3,511
(6,587)
35,352
-
206,170
Resources
Movement
expended
in funds
£
£
(71,517)
10,465
(35,694)
(2,966)
(974)
(974)
(5,193)
(2,110)
(63,329)
396
(105,190)
(5,654)
(176,707)
4,811
Net
movement
At
in funds
31.3.22
£
£
(5,802)
153,766
(986)
8,333
(222)
31,080
727
4,795
(6,662)
3,385
(7,143)
47,593
(12,945)
201,359

Page 13

continued...

South Normanton Community Church

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

10. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
FASO Fund
Special Projects Fund
Thrive
Charity Shop Fund
TOTAL FUNDS		 Incoming
resources
£
79,697
34,024
-
3,688
55,405
93,117
172,814		 Resources
Movement
expended
in funds
£
£
(85,499)
(5,802)
(35,010)
(986)
(222)
(222)
(2,961)
727
(62,067)
(6,662)
(100,260)
(7,143)
(185,759)
(12,945)

The FASO Fund has been set up to provide healthcare, education and general holistic provisions, as well as to further the Christian faith in Burkino Faso and other parts of Africa.

The Special Projects fund was established to fund youth work in the local area, outside of the remit of Thrive. This involves preparing young people for life in the workplace and funding the provision of activities in school and in after school clubs.

Thrive has been set up to serve the needs of the local community by the provision of a drop-in centre and training facility for young people. Thrive serves the needs of the local community the provision of t drop-in centre and meeting place for SNCC and is used to facilitate SnaP.

The Charity Shop was established to raise money to support / deepen the work of the FASO Fund.

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.

Page 14

South Normanton Community Church

Detailed Statement of Financial Activities
for the Year Ended 31 March 2023
INCOME AND ENDOWMENTS
Donations and grants
Donations
Grants
Gift aid recoverable
Shop income
Total incoming resources
EXPENDITURE
Charitable activities
Salaries and national insurance
Pensions
Travel and subsistence
Conferences and training
Gifts
Materials and resources
Hall hire
Burkina Faso Outreach
South Africa Outreach
Repairs and renewals
Support costs
Management
Insurance
Telephone
Printing, postage and stationery
Advertising
Sundries
Premises expenses
Cleaning
Depreciation of tangible and heritage
assets
Finance
Bank charges
Governance costs
Accountancy fees
Professional fees		 2023
£
95,062
1,882
22,673
61,901
181,518
181,518
52,723
807
3,005
5,377
15,753
5,751
9,048
34,532
12,913
6,266
146,175
805
564
4,683
1,032
1,786
14,345
965
1,981
26,161
1,252
2,280
839
3,119		 2022
£
101,093
4,147
17,477
50,097
172,814
172,814
43,619
528
1,826
3,740
17,660
2,788
9,178
49,932
12,420
3,093
144,784
729
284
2,088
1,711
1,105
27,650
1,334
1,915
36,816
1,389
2,016
754
2,770

This page does not form part of the statutory financial statements

Page 15

South Normanton Community Church

Total resources expended
Net income/(expenditure)		 Detailed Statement of Financial Activities
for the Year Ended 31 March 2023		 2023
£
176,707
4,811		 2022
£
185,759
(12,945)

This page does not form part of the statutory financial statements

Page 16