## **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST AUGUST 2020** ## **THE CROWN CHURCH** (A Company Limited by Guarantee) **CHARITY REGISTRATION NUMBER 1095028 COMPANY REGISTRATION NUMBER 4529503** Independent Examiners Ltd Wessex Manor Satchell Lane Southampton SO31 4HS Page 1 of 30 ||**THE CROWN CHURCH**| |---|---| ||**(A COMPANY LIMITED BY GUARANTEE)**| ||**CONTENTS**| |Pages 3 to 18|Report of the Directors| |Page 19|Statement of Financial Activities| |Page 20|Balance Sheet| |Pages 21 to 29|Notes to the Financial Statements| |Page 30|Statement of Cashflows| Page 2 of 30 ## **THE CROWN CHURCH** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS FOR THE PERIOD ENDED 31ST AUGUST 2020** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **CHARITY NUMBER** 1095028 **COMPANY REGISTRATION NUMBER** 4529503 **START OF FINANCIAL PERIOD** 1st April 2019 **END OF FINANCIAL PERIOD** 31st August 2020 **DIRECTORS THAT SERVED DURING** Julian Shellard (resigned 1 September 2020) **THE PERIOD TO 31ST AUGUST 2020** Rachel Langford (resigned 25 February 2020) Stefan Brown (resigned 25 February 2020) Sarah Bissessar (resigned 25 February 2020) James Hunting Glyn James (appointed 25th February 2020) Kate Durrant (appointed 25 February 2020) Christopher Atkins (appointed 25 February 2020) Ngozichukwuka Nwabineli (appointed 25 February 2020) **COMPANY SECRETARY** Glyn James (appointed 28 July 2020) Julian Shellard (resigned 1 September 2020) **REGISTERED ADDRESS** The Living Room High Street Cowley, Uxbridge UB8 2DZ **DATE OF INCORPORATION** 9th September 2002 **GOVERNING DOCUMENT** Memorandum and Articles of Association incorporated on 9th September 2002. **BANKERS** Royal Bank of Scotland Uxbridge Branch 1 - 4 High Street Uxbridge UB8 1BP **INDEPENDENT EXAMINER** Independent Examiners Ltd Wessex Manor Satchell Lane Southampton SO31 4HS Page 3 of 30 ## **THE CROWN CHURCH (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS FOR THE PERIOD ENDED 31ST AUGUST 2020** The Crown Church is a registered company, no: 4529503 and a registered charity, no: 1095028. ## **Charity's Objects** (a) to advance the Christian faith in accordance with the statement of beliefs, in the London borough of Hillingdon and its environs and in such other parts of the United Kingdom or World as the trustees may from time to time think fit (c) to promote and fulfil such other charitable purposes beneficial to the community in the said area and in such other parts of the United Kingdom or the World as the trustees may from time to time think fit. (b) to relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby in the said area and in such other parts of the United Kingdom or the World as the trustees may from time to time think fit ## **Introduction** The Vision of the Crown Church is to be a large, relevant church in West London, changing lives and making Jesus known. ## **Charity's Activities** - Sunday morning meetings - Meetings and other activities carried out by the small groups within the church (known as life groups) - · Prayer - Provision of training and support to leaders and other church members - Events and programmes for reaching out with the Christian message, both to the local community and internationally - Supporting and building links with students at Brunel University and with local churches - Supporting and playing a part in the work of _Newfrontiers_ in the UK and worldwide - Working, in partnership with other Christian agencies, to support vulnerable and oppressed people both locally and overseas ## **Financial Review** The directors have considered the level of reserves they wish to retain, appropriate to the charity's needs. The level of reserves held are approximately three months fixed operating costs (£45,000) and this is based on the charity's size and the level of financial commitments held. At 31st August 2020, unrestricted free reserves stood at £305,093 (at 31st March 2019: £120,461). The directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The directors will endeavour not to set aside funds unnecessarily. The Annual Report is set out on the following pages. Page 4 of 30 51 Page CIZICROWNCHURCH Annual Report April 2019 to August 2020" Prepared for the Charit), Commission and CroM:n Members By James Hunting (Ikad Pastor), Ngozi NNYabineli (Chair of Trustees) and Anita Ryan (Finance Assistant) °To support the rhythm of strategic pla￿TrIng, in 2020 Crown Church Fnoved the start ofitsfinoncial year to September, henee thisfinonciol period wos extended to 17months to end in Aiigust 2020. BeFieath the wi'itten i'eport al'e twofinancial reports- combined they cover theApril 2019 toAugust 2020 period. RegistEred Addre$5.' Crown Cburch. The Living Room. High StreEt Cowley. V¥bridge. U88 20Z. The Crown Chur¢h isa Charitable Company. Limited by Guarantee. Registered Charity No. 1095028. Company Registration No. 4529503 61 Page Introduction Crown Church exists so that many, together, ma). glorify God and enjoy Him forever. This Annual Report represents a diverse group of people from across Hillingdon, West London and Berkshire enjoving their relationship with God and one another and living out their Christian faith in the community. This financial year is marked by dramatic changes brought about by Coiid. In March 2020 all in-person gatherings at Croivn Church came to an abrupt halt in order to play our part in keeping the community safe. Crown Church has adapted to become an online church with a continuation of ministries such as Sunday Se￿ices, Life Groups, Youth work all using online plarforms. Whilst the loclidown season has brought about a number of challenges the resilience and endeavour of the church Communit￿ has been outstanding. Not just adapting to the opportunity" of technology but the ongoing encouragement towards one another and a desire to eare and reach out to the loeal community". As this report also covers the financial picture of the charity it is also noteworthy the incredible, ongoing generosity of the church members. CroMq] church- you haTre responded so well through a challenging season! This report represents an incredible commitment by a huge army of volunteers. The .holehearted commitment of planning, prayer, encouragement and support bj so tnanj" ensures CroMq] continues to flourish in its mission. I hope you enjoy reading this report. Join us as we give thanks to God for an encouraging season in the life of Cro1￿ Church. James Hunting (LEad Pastor) Please notefinanciolfigures in the written report may include odditional aid income attached to the giving? whilst thefinancial reports highlight gift aid separately. RegistEred Addre$5.' Crown Cburch. The Living Room. High StreEt Cowley. V¥bridge. U88 20Z. The Crown Chur¢h isa Charitable Company. Limited by Guarantee. Registered Charity No. 1095028. Company Registration No. 4529503 71 Page 01 Gather Sundays In 2019 and early 2020 crow￿ Church was gathering in two locations on Sundays. Bishopshalt School, Hillingdon: Historically the original congregation of Crown Church and our largest venue. Over this period of time we have M."elcomed a number of new people to the congregation and averaging 300 people gathered. The highest attendance in the }Tear was 369 people. In the autumn term we historically welcome a number of new students attending Brunel University and other local Universities- the September influx quieter than previous years but by December the number of students eonnecting had grown. The LiTring Room, Cowley: A congregation that started in 2018 and still in an early formation phase. Meeting at 6pm it has gathered shift M:orkers, students as well as those local to Cowley. A number of Langley & Slough members haN-e connected too. Regular attendance flllctuated bekn.een 40-60 people. Our highest combined Sunday across the tsvo congregations was 419 people. Both congregations share resourees including preaching teams and worship teams and both congregations come together for 'One Church, events. Some highlights of the preaching series, included 'Change My Mind, focusing on the opportunities of being a multicultural church; and 'Loveolog( which brought some teaching around relationships and sex. Our Worship teams, supported b}. the Audio Visual teams, have led us a depth of joy and Nibrancy. Our four bands are distinctly different in style from one another and contribute well into the diversitST of the church. It was encouraging to have three new worship leaders leading for the first time in the last }Tear. Online Church Due to co￿￿d li'e shut dom'n all our in-person gatherings in March 2020. Within a 'eek we had got a single church service running online. Whilst it is a season of grieving in-person gatherings that are so key to the life of a church we have also been encouraged b}T the opportunity, of church services online. The number of people gathering online has been greater than the numbers we would gather in-person- 0￿"er the Easter weekend 2020 we reached over 4,000 people. The creative impact of our International Celebration brough encouragement to a wider audience than just our immediate church family. A song called"The Blessing" was filmed by members of Crown Church that represented the man}, different languageslnationalities in Crown Chureh. The video 'ent ￿]raI and reached over 20,000 people and Nas also plal'ed regularly on Christian TV Channel TBN. Online church has had the additional benefit of reaching overseas. It has also provided an 'easy invite, opportunity with Crown members iniriting their family and friends to 'come see my church,. RegistEred Addre$5.' Crown Cburch. The Living Room. High StreEt Cowley. V¥bridge. U88 20Z. The Crown Chur¢h isa Charitable Company. Limited by Guarantee. Registered Charity No. 1095028. Company Registration No. 4529503 81 Page 02 Next Generation Children's Work (o-il) In December our part-time Children's Worker moved onto a new job and it took until summer 2020 to recruit a new one (Sept 2020 Start). An excellent team of volunteers provided support cover in the interim. As part of the transition we have been able to increase the hours dedicated to the staff role from 20 to 30 hours per week. A number of stand out events including October half term party for children in Cro1￿ as well as iniites to the local community. At Christmas time, the nativity brought many visitors into the chureh as well as provided an opportunity for the children (and kids workers) to display their acting talents to the whole church. Sundays at Bishopshalt School sees children split into four age groups Thryth an average of 45-60 children attending. The work is supported by a number of outstanding volunteers who give time to prepare materials and lead a mixthre of games, songs and teaching during the sessions. During lockdown the opportunities for our children to eonneet has been more limited. Weeldy resources have been sent to parents to support their oivn input into their children but sadly M-e have been unable to recreate any gathering opportunities for them. There have been smaller pockets of involvement through the recording of Ilideos and invitations for artivork to be displayed in the online services. Seperal of the children featured as part of June's international celebration. Sunbeams- parent and toddler group at The Liiing Room- played an important role in reaching out to families in the community. Prior to lockdown Sunbeams regularly gathered around 20 children each Theek, along Thith parents/carers. During lockdoN Sunbeams has had to pause. Youth Work (11-18s) In July we were able to rec￿lt our first ever staff youth worker, part-time at 30 hours per iveelc. This is a significant step in reeognising the importance of the work amongst our 11-18 year olds. The number of 11-18 year olds has been steadily groiving due to the demographic of people/families joining the church but also the impact of friends inTriting friends. On Sundajs at Bishopshalt, the average attendance was 30-40 youth split into two age groups. Volunteer youth workers prepare materials and deliver interactllTe teaching sessions Thith each age group. This takes place as an alternative to the 'sermon time, and creates a space for }'oung people to dei'elop friendships and connect Mryth the team of youth workers who support them pastorallj". In August 2019 45 of our youth went to NeM:day- a Christian }'outh camp organised by Newrfrontiers. Joining Thryth 8000 Tr'outh at the Norfolk Shoivground proNides an outstanding opportunih, for our young people to enjoy friendship together but also be encouraged in their personal journeys of faith. Again we had an outstanding team of volunteers from CroThry] Church who committed to late nights and early mornings> encouraging and supporting our young people throughout the week. The impact of RegistEred Addre$5.' Crown Cburch. The Living Room. High StreEt Cowley. V¥bridge. U88 20Z. The Crown Chur¢h isa Charitable Company. Limited by Guarantee. Registered Charity No. 1095028. Company Registration No. 4529503 91 Page Covid has meant that Newday was cancelled in 2020 and will not go ahead in 2021. Crown Chureh contributed an additional £iooo to help ivith the losses incurred {due to cancellation) by the New'day team. During the summer of lockdo1￿ the youth were able to gather for some outdoor sessions in the Cowley Rec and there have also been Zoom sessions to connect online. Students and 20S A brand new leadership team has emerged for this age group. Under the name of "Trellis" the team has done an excellent job and providing a mix of social and home based gatherings as ivell as opportunities to gather at The LiTring Rootn for worship eNents. The opportunity to connect Brunel Students has involN'ed these eirents as well as encouraging students to join Life Groups and sen'e in the life of the ehurch. It is good to see skndents have been Se￿Ing in many different areas of church life including worship teams, kids work, A/V teams etc. There continues to be food eooked for students after Sunday services at both our ￿enUes. RegistEred Addre$5.' Crown Cburch. The Living Room. High StreEt Cowley. V¥bridge. U88 20Z. The Crown Chur¢h isa Charitable Company. Limited by Guarantee. Registered Charity No. 1095028. Company Registration No. 4529503 IOIPage 03 Multiply As part of our Vision Sundays we have talked about the opportunity to strengthen some of our teams to help us prepare for future gromth. This past year has been about the journey towards that. We were able to recruit a nem, leader to lead the Bishopshalt Venue and an existing leader was due move across to lead the Cowley Venue- until lockdown came and their time was redirected to deileloping 'online' ehurch. Whilst in-person gatherings are not taking place it is providing time to develop leadership teatns and pastoral structures so that when in- person gatherings resume we will be in a stronger place. New staff additions also provide extra opportunity in the area of supporting, training and deN'eloping leaders. The addition of a Children's Worker and Youth Worker to the staff team has also been a part of this strengthening. So much of our }'outh and children's Nvork has been based around in-person gatheiings and so creativity is driving any opportunities through lockdoM￿. Our administratii'e roles around finance, communication, HR are also really important. Whilst they operate in the baekground they are ke) to a great deal of ehurch life flourishing. There has been work developing in the background to ensure this area builds capacity for future growth. we look to reach nem: areas it ivas really pleasing to launch our first ever Life Group in the heart of Slough and it has been encouraging to see the three Life Groups aeross Langley? IN'er and Slough working together and deireloping initiatiN"es. Equally the Life Groups north of the A40 have been developing initiatives together both to support and encourage one another but also to reach out in their area. With so much of Cro1%￿'S outreach operating through the central location of The LiNing Room it is also good to see the flourishing at the borders of where we gather people from. RegistEred Addre$5.' Crown Cburch. The Living Room. High StreEt Cowley. V¥bridge. U88 20Z. The Crown Chur¢h isa Charitable Company. Limited by Guarantee. Registered Charity No. 1095028. Company Registration No. 4529503 IIIPage 04 Social Justice The Living Room has continued to provide a base for us to support the local comtnunity in a number of iyays. Over 60's: A team within Crown has established in this period and outreach to 'elcotne in members of the commllnityT Nvho are of retirement age and for some liNing in isolation. Foodbank: Cro￿￿ Church operates under the West Drayton and Yiewsley Foodbank Team- this inNTolves a collaboration between Cromm Church, St Matthew's Yiewsley and Bell Farm Church West Dra)ton. Our team of volunteers provide a 'eekly drop-in point for food provision, shower facilities for homeless and a small provision of clothing. All the Nations Café: This team has continued to do a great M'ork supporting indiNiduals, who as neivcomers to the UK, are at risk of being marginalised in our eommunities. This has also provided opportunities to link up ivith the student seThices teams at Brunel N%.ho have a similar pastoral remit. Before loCkdoN￿, All the Nations Café continued to welcome in students from many countries around the world. During loekdoTr%m the Over 6os and All the Nations Café stopped. Foodbank paused for a period due to many of the team shielding however the team leader has done a great job in re-establishing a new team to sern"e. Some volunteers spent the lockdoN period operating a hybrid service, deliTrering food pareels to those unable to access the Food banks. Covid Fund: During the lockdomm period Cro￿￿ established a hardship fund that has been used to support individuals both in the church and the local community .hen situations have become financiall}, difficult. It has enabled Crown to respond primarily Mryth food proiision to individuals and families ivho have found income reduced or lost during this period. This fund NNill continue to be used into the next financial period. In June 2020 Crown Church members gal'e £17,143 to support the work of churches in India, Zimbabwe and Kenya care for their communities and the impact of financial hardship through Covid lockdoMT. Over the period we continue to stand with Project Hope Mumbai with a gift of £3,400. This supports work amongst the slums of Mumbai Mith medical and education support. Project Hope also propides outreach senryces to children living on the streets. RegistEred Addre$5.' Crown Cburch. The Living Room. High StreEt Cowley. V¥bridge. U88 20Z. The Crown Chur¢h isa Charitable Company. Limited by Guarantee. Registered Charity No. 1095028. Company Registration No. 4529503 121Page 05 Equip Discipleship Explored: In the last year we ran a successful Discipleship Explored course following on frotn Alpha- the course is designed for new Christians and helps them develop their new faith. The course ran for 8 weeks with 14 delegates in Summer 2019. Life Groups: Our primary gatherings for Christian gromrth and discipleship are the 18 Life Groups at Crown. 199 adults from across the church are connected to a Life Group. These mid-lveek gatherings proNide opportunity for mutuall!, supportive relationships to deN'elop and use the sermon materials to deN'elop personal application to content from the Sunday service. We have gathered Life Group leaders once a term for 'Basecamp' as a chance to support and encourage our Life Group leaders. During lockdo￿￿ our Life Groups have done an excellent job of translating their in- person gatherings to online-gatherings. Life Group meetings have taken place on online platforms and WhatsApp groups hai'e been used to stay connected and for mutual support through the week. We saw a number of people jump into a Life Group around Mareh/April as the UK started to restrict in-person gatherings. Marriage/Parenting: In the last year a team provided training and support for married eouples and for parents. We haN"e celebrated new marriages and engaged couples haN'e been paired with others in the church for support leading up to marriage. Safeguarding: The Safeguarding team has continued to work together regularly to ensure policies are Updated; relationships Mryth stakeholders remain strong and that N'olunteers receii'e coaching and support towards safe practice. CroThT continues to use Thirtyoneeight.org as it's support agenc), for Safeguarding. New Ground Churches: As members of the New Ground faLnily of churches there are number of training and equipping opportunities. In 2019 five members of Crow graduated the New Ground Academy and in 2020 four members graduated. The Academy provides 40 da}'s of theology and leadership training over two year period. In addition we had one person complete an "Impact" year with Neiv Ground where they gal'e a whole year to volunteer alongside the staff team. We are so grateful for the investment each one has made to be trained and equipped in this wa},. In Summer 2019, 75 from Crown attended Ashburnham - a Christian conference the provided main sessions and seminars for all ages, designed to equip and encourage indiNryduals in their Christian faith. Newcomers: Our Intro Course and Welcome Lunches have provided a context through which new people can connect Mryth the church in a more meaningful way. We have seen 43 adults come through these eN'ents over this period. RegistEred Addre$5.' Crown Cburch. The Living Room. High StreEt Cowley. V¥bridge. U88 20Z. The Crown Chur¢h isa Charitable Company. Limited by Guarantee. Registered Charity No. 1095028. Company Registration No. 4529503 131Page 06 Gospel Alpha: The Alpha Course is a fantastic experienee for non-christians searching for the bigger answers to life "there must be tnore to life than this" and young Christians getting a 'refresher' in the faith. The course talies participants on a journey across io weeks to explore Christianity, covering a different topic each week. The course started Mqth 50 delegates (including Crown members joining friends) booked onto the Course at the start of 2020. We 'ere able to use the Living Room to full effect, a ￿11 tneal for the first couple of ii'eeks to make sure guests felt welcome, to the ￿11 multimedia experience Mryth iqdeo presentations and the engaging discussion groups. Three delegates made a commitment to the Christian faith as part of this course. Baptisms: Over the reporting period we had the priiilege of baptising nine people. Christmas 2019: Carols at crom￿ on Dec 6th 2019 proiqded a chance to iniqte the eommunity to a traditional carol service. Andy Kind (eomedian turned preacher) was the guest speaker and Crown pulled together a choir and performance pieces. Around 450 gathered at Bishopshalt School for the event. The ehildren's nativity on 13th Dee 2019 also drew in over 400 guests to the service and provided a chance to connect to new families in the community.. The Living Room: Over the course ofthe period Crown's Community venue The Liiqng Room has provided opportunit), to reach out and sert"e the local community". All the Nations Café, Sunbeams parent and toddlers, Foodbank, Oirer 60's drop-in, Alpha hape all be mentioned above. The Craft Room also proNrydes a chance to connect Mryth members of the community through arts and craft- it brings together the Irery young Mryth older members of the community and so creates a unique context of several generations coming together. Prayer is offered if people m.ould like it either directly or b}, leaving a prayer request for the team to read and pray OiTer later together. Giving: We have continued our support of the John 3:16 trust m.hich supports the Evangelist Adrian Hollowa}' who spends time across Christian Unions and Churches sharing about the Christian Faith. Over the course of the }'ear thousands ivill hear him speak about Jesus which has led many to further explore the Christian faith. We also continue to support a missionary famil! based in the Rock Church in Wroclaw Poland- this support plays its part in the work the church does in the community. We also continue to give financiall), into the work of New Ground which supports church planting in different countries around the world. (see financial details beloiv) RegistEred Addre$5.' Crown Cburch. The Living Room. High StreEt Cowley. V¥bridge. U88 20Z. The Crown Chur¢h isa Charitable Company. Limited by Guarantee. Registered Charity No. 1095028. Company Registration No. 4529503 141Page Staffing At the end of the period the staff team consisted as follows: James Hunting (Fr) James Hunting has continued through this period as Lead Pastor of CroN Church. Nazerene Waite (30 hours) Naz has joined us in the summer 2020 as our Youth Worker. Hannah Hunter (20 hours) Hannah returned from maternity leaiTe in August 2020 into a new role as Support Manager overseeing our central administration functions. Dan Smith (Fr) Dan Smith has continued on the staff team through this period. Dan has been instrumental in helping the church moN"e online in the lockdown season. Anita Ryan (io hours per week) Anita is our Finance Assistant and continues to provide timely and detailed monthly and annual financial reports for the charity. Sonya Kayson (13 hours) Sonya pro￿ldeS Trital support to our Communications and has also been instrumental in supporting the Sunday plarforms through which our seNiees have been lii'e streamed. Jade Owen (30 hours ) Jade joined at the end of this reporting period as our Children's Worker. We are looliing forward to Jade being a part of the staff team. Gavin Bissessar (Fr) GaNin joined the staff team in the summer 2020 as a Venue Pastor and to proNide training support. We would also lilie to acknoivledge Hannah Powell, Abbie Walker, Zoe Harland and Amanda Boyd who have all contributed to the staff team oN'er this report period, as 'ell as our two wonderful volunteer "Impactors" Asher and Josh. Elders and Trustees The Elder team is responsible for the spiritual wellbeing and direction of cro￿￿. James Hunting, Dan Smith, Stefan Broivn, James Harland, Andy Langford and Gavin Bissessar. The Trustee team oversees the governance of Crown Church as a charity and in 2020 we haiTe had a brand nem, team take up roles: Ngozi NNvabineli (Chair & HR), Chris Atkins (Finance), Kate Durrant (Safeguarding), Glyn James (Secretary & Healthy and Safety), James Hunting (Ikad Pastor). RegistEred Addre$5.' Crown Cburch. The Living Room. High StreEt Cowley. V¥bridge. U88 20Z. The Crown Chur¢h isa Charitable Company. Limited by Guarantee. Registered Charity No. 1095028. Company Registration No. 4529503 151Page With special thanks to the exiting trustees Stefan Browm, Sarah Bissessar, Julian Shellard and Rachel Langford who haiTe served Croivn Church with great diligence and care over a number of yeatE. Memberships: Cro1￿ Church is part of the New Ground family of churches which in turn is a part of the global family of churches New Frontiers. htt neMT roundchurches.or htt neNifrontiersto ether.or Crown Church is a member of the Evangelical Alliance. htt MWW.eauk.or A Note on Covid: At the time of submission (Dec 2020) it is important to note that we maintain optimism over the impact of Covid on the operation of the church. Crown members have continued to support the church financially and we are grateful for the increased generosity through regular financial giNing as well as one-off responses to care for those in greatest need in our Community,. The trustees have set aside a proportion of resernres for any future financial impaet however Croivn's finanees have groivn rather than diminished during this difficult period. We are aTh'are that the impact of Covid could be felt over many years and the iqew on the reserves acknowledges this and Nvill provide stability through 2021. RegistEred Addre$5.' Crown Cburch. The Living Room. High StreEt Cowley. V¥bridge. U88 20Z. The Crown Chur¢h isa Charitable Company. Limited by Guarantee. Registered Charity No. 1095028. Company Registration No. 4529503 161Page Letier from Chair of Trustees Firstly, I am truly humbled and honoured to be given the opportunity to fill such big, godly and awesome shoes! Julian has been a stalm'art and has done a fantastic job during his tenure, we wish him the best in his new adventure! Secondly> a Chairperson is only as good as their team and they are an amazing bunch diligent, committed and keen to see Crown Chureh grom, stronger in the days, Nveeks and months ahead. I would like to giN'e a special mention to those who have 'orked hard to produce these reports, it is not an easy thing but }'ou have done it iiith sueh grace. God sees - and Thill reward - your efforts. I am happy as Chair of Trustees to commend this report. It has been a challenging time for the church and the people in it. The ongoing COVIDi9 situation has meant the ways people connect as families, friends, colleagues and yes as a congregation has changed for the considerable future. Yet, in the midst of the difficulties, I have seen the way that the church has adapted and continues to support the inner and wider community. We have harnessed the poNver of technology to bring the m.ord of God into }Tour lives and homes and we could not be prouder of the team M,ho makes this happen. We continue to hai'e Sunday meetings which remain central to the life of the church. Although M'e cannot be together in person, I have personally loved logging on and experiencing God and interacting Mith you all, yes even in my PJS! The worship has been incredible, the series of sermons most recently 'Amazing Race'_ have been both encouraging and thought-proN'oking. MoTring to online services ma), have been a bit strange to start off with but the silver lining is that through the power of social media, we are able to reach more people than before. So what the devil meant as a eans of keeping us apart has "worked for the good of those who loue Him" (Romans 8 N28). The LiNing Room has been a beacon in the community,, proNiding a way for the ehureh to make a strong impact in people's lives and we are thankful to everyone who has worked hard to make this so. I am also inspired by those running the Alpha course, The are so thrilled that we are able to reach out despite not being able to physically be together. In this time of increased tensions surrounding race, it is so refreshing to see the church further embrace the diN'ersity of its members and yes, ask those uncomfortable questions. I ￿ant to highlight the incredible leadership team who have stepped out and stepped up in this regard. l am extremely proud of you all and the way }'ou serve and lead. Last and by no means least, I would like to extend a warm M:eleome to new members of staff, those who are returning back and those who have taken on new roles. We thank God for you and I am glad to see hoNv keenl). you have thrown yourself into the work. I cannot wait to see how and what you will do! As we enter the last embers (I did attempt to make a joke!) of 2020, 1 want to encourage you ivith an image God gave me during last }Tear s new year's serrice about the cloud the size of a man's hand (i Kings 18 v 40-45). Yes, the servant had to go RegistEred Addre$5.' Crown Cburch. The Living Room. High StreEt Cowley. V¥bridge. U88 20Z. The Crown Chur¢h isa Charitable Company. Limited by Guarantee. Registered Charity No. 1095028. Company Registration No. 4529503 171Page back seven times before his eyes were opened and he saw the cloud but it was there. I believe God is Sa￿Ing we should neiyer look down or around but look to Him because although it seems that during this time, He looks far and inactive, He is 'orking quietly and effectivel! in all areas of our collective and indiNidual lives. leave you with this passage: "For I know the plans I hauefor you, says the Lord. They are plansfor good and notfor disaster, to qive you a fyture and a hope. In those days when you pray, I will listen. If you lookfor Me wholeheartedly, you willfind Me." Jeremiah 29 v 11-13 NLT Ngozi Nwabineli Chair of Trnstees flZJCROWNCHURCH RegistEred Addre$5.' Crown Cburch. The Living Room. High StreEt Cowley. V¥bridge. U88 20Z. The Crown Chur¢h isa Charitable Company. Limited by Guarantee. Registered Charity No. 1095028. Company Registration No. 4529503 THE CRQWPI CXURCM (A COMPANY UMfTED BY GUARAPITEE) IIEPORT OF ThE DIRECTORS FOR THE pe￿Ots tNDED 31ST AUGUST 2020 rxzJ(J43WNCHURCH ststement ￿ fHrector'• rwpon¥lbllltl••: The Chant￿5 Act and the Com￿rI* Act reqU￿t Board of Trustees to prepare financlal statements for each ftnancial year which give a true and fair vlèw of the state of affairs of the chadty as at the end of thÈ flnanclal year and ef surplus Of deficlt of charity. In prepanrw) t¢￿ fi￿n￿l statements the Board Is requtred tcs :. sdect 5Urtable ènd then •ppty them consistendy.. make ludgernents 0Trl estlmates that are rtasonaNe arKI pnjdent.. p￿pare the finorKYal sta*ements on the golng ¢¢r*¢rn bo$15 It ts Inappmprlate to presurne that thÈ charlty wlll contlnuÈ I￿ operatlon. state whether èppiicablÈ ￿coUnt[￿l 5tsndards and statsments ol recommended prortKe have been folbwed , subject to any matertal departure5 dixkised and explained In the Inandal statements,. The twstees are also responsiblt for mJlnthlnlty •Jequats ac￿ntIr4 Tecords whkh dbclose wlth reasonable accuracy at any tlrne the flnanclal posttb)n ol t** ¢h•rrtY whth are sufhtsent to show and exp￿in the chorw's transactions ano enable them to tn5ure that the I￿nc￿lI statements eomply with CornpoTrie5 Act 2006 and comply wlth regu￿t￿n$ made under the chorY(￿S Act. They are also resptsnsible for 5afeguardln9 the assets of the charity and hence for takiw reasonab￿ steps for the preventlon and detectlon of fraud and ¢Xher Irr¢gu*rtt*s, The trustees are •tso rqspon51bkn for t￿ t￿tents of tt* truste*s' rtpor¢ t￿1 re5[￿$1b*1￿ of the lfvJeperwJ¢nr exomlner In rekrytlon to the twst¢es' rtm L4 to examlniThJ the report eft5urfNJ tlwt , on the face of the report, thÈTe are no IrKons1sterK￿S wlth the noures dlxkised In tt* staternents. These aerounts have been prepar￿ In attordance wlth the provtskns applkable to compartles subjert to the sm•ll companies regime. I approve the attached ststement oi nn)Thcl•l •¢¥V￿ aThJ balarKe sheet for the pertod ended 3kst AUg￿t 2020, •nd connrn that I h•¥• mr•Je aval￿ble al Irrformat*n r%¢¢55Jry for p￿para￿on. S*Jned on behalf of the 80a￿ of Directory by J Hunithg, Olrettor p￿nt name J HUNTING Page 18 of 30 ## **THE CROWN CHURCH** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE PERIOD ENDED 31ST AUGUST 2020** |Notes
**INCOME AND ENDOWMENTS FROM:**
Donations and Legacies
2a
Investment Income
2b
Charitable Activities
2c
**TOTAL**
**EXPENDITURE ON:**
**Charitable Activities**
3a
**TOTAL**
**NET INCOME/(EXPENDITURE)**
Transfers between funds
**NET MOVEMENT IN FUNDS**
**Reconciliation of funds:**
Total Funds Brought Forward
**TOTAL FUNDS CARRIED FORWARD**|**17 months**
**12 months**
Unrestricted
Designated
Restricted
TOTAL
TOTAL
Funds
Funds
Funds
2020/19
2019/18
£
£
£
£
£
596,197
0
0
596,197
333,248
0
0
0
0
2
5,433
0
0
5,433
5,607
**601,630**
**0**
**0**
**601,630**
**338,857**
403,067
0
0
403,067
306,510
**403,067**
**0**
**0**
**403,067**
**306,510**
**198,563**
**0**
**0**
**198,563**
**32,347**
0
0
0
0
0
**198,563**
**0**
**0**
**198,563**
**32,347**
686,109
0
0
686,109
653,762
**884,672**
**0**
**0**
**884,672**
**686,109**| |---|---| Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing. The notes on pages 21 to 29 form part of these financial statements. Page 19 of 30 TItE CROWII CHURCH (A ¢OMPAP4Y LIMIYEO #Y GUAJIANTEE) BALAP4CE SMEEr AS AT 31ST AUGusf 1020 UnrestrKted De$￿Thated Restricted 31-Au4-20 31-MoTr19 Funds FuTrJs Funds Total Total Flxed Tanglble assets 799,579 P39,$79 813.148 Curr•nt AM•ts Debtors Cash Ot baTrk and In hand 27.251 296.103 27.251 296,103 20.603 118.166 Total Curmnt Aw•ts 32) 354 323 354 138 769 Cr¢dltov•: ￿r¥J￿5f04ty one year 18.261 18.261 18,308 NET CURRENT ASSETS 305,093 305.093 120.461 Cr•dltort: *nr•Mtstslrq one year 220,1)JO 220.000 247,5 NIT ASS •84.672 884,172 686,109 of th• ¢h•ilty General Funds Desionated Funds Restrlcted Funds io li 12 884.672 884.672 686,109 Total 884,672 8•4,•72 606,109 dlrectors are sat+s1￿ that for perknd ended on 31st AUg￿t 2020 the chOrftsb￿ compony ¥Yas entitled to exernpt￿n from the requlrement to obt*n èn secoon 477 ot thÈ Companles Act 2006 and that member or members hove requlred company to obtain an atsdli ol tts ac(tyJnts lof the year in questbn In accordance wlth $ertion 476 01 the Act. However. In accordarKe 5ectlon 14S of the Chadt*5 Act 2011, the ccounts hove been exarnlned by an Ir4¢p¢ndent Ex•mth¢r reptsrt •ppe•rs M wJe 31. dlrtetors acknoW￿dge ihelr respjnsiblllty lof ¢Offl￿v￿ wrth the requtsements ￿ tP* Comwfiles Act 2006 wlth respect to 4¢¢ountln9 records and the preparnt*on of accounrs. &counts have been p￿pared In *cordance wlth proVL*kn￿ in Part IS ￿ tr* Companles Att 2006 èpplkable to compan*$ $ublert to the srnoll (ornpaTh*s reglme and In accordarKe wlth the Flnonclal Reportyng Standord applkable In the UK ar#1 Republk of I￿la*￿] IFRS1021 leffethve k January 20151- IChartt*s SORP IFRS10211. The dlrectors acknowledGe thelr respmslbllity for ensuriNJ that the compèny keeps proper accounttTh) rtcords whkh tomply wlth section 386 of the Art for preparing finarKiol statements which 9lVt a trL* and falr vlew of stste of affalrs of the company as at the end of the finarKial year and rf its profft and knss for the financlal year In accordance v4bth requlrernents of secllons 394 aTr1 395 afvj whlch otherwise comply w41th the requlrements of the Companles Act 2Q06 rehiknno to ¥counts. 50 tsr a5 to ￿ company. Swned on their behaw by J HunUThJ. Director. Comp•ny Aeglstratlon Number.. 4529503 Prfnt name.. J Hu￿NG Page 20 of 30 ## **THE CROWN CHURCH (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE PERIOD ENDED 31ST AUGUST 2020** ## **Basis of Preparation** The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102)). Advantage has been taken of Section 396(5) of The Companies Act 2006 to allow the format of the financial statements to be adapted to reflect the special nature of the charity's operation and in order to comply with the requirements of the SORP. The Crown Church meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes. ## **Preparation of accounts on a going concern basis** Preparation of the accounts is on a going concern basis. The Trustees are of the view that the level of reserves will support the charity going forward. ## **Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period. ## **Material prior period errors** No material prior year errors have been identified in the reporting period. The particular accounting policies adopted are set out below. ## **1. ACCOUNTING POLICIES** ## **Income** ## **Recognition of Income** These are included in the Statement of Financial Activities (SOFA) when: - the charity becomes entitled to the income; - it is more likely than not that the trustees will receive the resources; and - the monetary value can be measured with sufficient reliability. ## **Offsetting** There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. ## **Grants and Donations** Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP). ## **Tax Reclaims on Donations and Gifts** Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. ## **Gifts in Kind** Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. ## **Legacies** Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Page 21 of 30 ## **THE CROWN CHURCH (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE PERIOD ENDED 31ST AUGUST 2020** ## **Government Grants** The charity has not received government grants in the reporting period. ## _**Donated goods**_ Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. ## **Donated Services and Facilities** Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. ## **Volunteer Help** The value of any voluntary help received is not included in the accounts but is described in the Directors' annual report. ## **Income from interest, royalties and dividends** This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. ## **Expenditure and liabilities** The charity has opted to use the natural classification of categories in its accounts. ## **Liability Recognition** Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. ## **Governance and Support Costs** Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. ## **Grants with Performance Conditions** Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output. ## **Grants Payable without Performance Conditions** Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. ## **Employee benefits** Short term benefits including holiday pay are recognised as an expense in the period in which the service is received. Page 22 of 30 ## **THE CROWN CHURCH** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE PERIOD ENDED 31ST AUGUST 2020** ## **Redundancy cost** The charity made no redundancy payments during the reporting period. ## **Deferred income** No material item of deferred income has been included in the accounts. ## **Creditors** The charity has creditors which are measured at settlement amounts less any trade discounts. ## **Legal status of the charity** The charity is a company limited by guarantee and has no share capital. 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. ## **Debtors** Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. ## **Fixed Assets** Tangible fixed assets for use by the charity: These are capitalised if they cost over £1,000 and can be used for more than one year. They are valued at cost or, if gifted, at the value to the charity on receipt. Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied per annum are as follows: |d per annum are as follows:|| |---|---| |PA Equipment|25% reducing balance| |Other Equipment|25% reducing balance| |Computer Equipment|33% reducing balance| |Land and Buildings|2% straight line| ## **2. INCOME FROM:** |**a) Donations and Legacies**
Gift Aid Donations
Non Gift Aid Donations
Payroll Giving
Tax Reclaim
**b) Investment Income**
Bank Interest
**c) Charitable Activities**
Events/ Book and CD Sales|**17 months**
**12 months**
Unrestricted
Designated
Restricted
TOTAL
TOTAL
Funds
Funds
Funds
2020/19
2019/18
£
£
£
£
£
329,877
0
0
329,877
188,787
149,542
0
0
149,542
69,256
29,410
0
0
29,410
15,778
87,368
0
0
87,368
59,427
**596,197**
**0**
**0**
**596,197**
**333,248**
0
0
0
0
2
**0**
**0**
**0**
**0**
**2**
5,433
0
0
5,433
5,607
**5,433**
**0**
**0**
**5,433**
**5,607**| |---|---| Page 23 of 30 ## **THE CROWN CHURCH** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE PERIOD ENDED 31ST AUGUST 2020** ## **3. EXPENDITURE ON:** |**a) Charitable Activities**
Administration:
Computer and Office Equipment
Depreciation
Registrations
Salaries, Tax and Pension
5
Stationery and Consumables
Telephone and Internet
Travel
Community:
Fellowship Fund
Members' Day
Giving:
General Gifts
4
Istanbul
4
New Ground
4
Poland
4
Project Hope
4
Governance:
Independent Examiners Fees
3a.i
Outreach:
Advertising
Events
Newday
Youth, Students and Internationals
Premises:
Mortgage Interest
Office Rent, Rates and Utilities
Venue Hire
Hillingdon Congregation:
Equipment Expensed
Guest Speakers
Kids and Creche
Operations
Sunday Mornings:
Equipment Expensed
Guest Speakers
Kids and Creche
Operations
Stationery and Consumables
Worship Team and PA
Training:
Books and CD's
Other Training - Members
Other Training - New Ground
Other Training - Staff and Elders|**17 months**
**12 months**
Unrestricted
Designated
Restricted
TOTAL
TOTAL
Funds
Funds
Funds
2020/19
2019/18
£
£
£
£
£
1,317
0
0
1,317
2,113
27,691
0
0
27,691
17,105
8,944
0
0
8,944
5,263
208,715
0
0
208,715
149,309
2,108
0
0
2,108
2,896
4,655
0
0
4,655
2,854
1,234
0
0
1,234
758
1,890
0
0
1,890
1,243
264
0
0
264
501
22,936
0
0
22,936
3,758
0
0
0
0
15,223
34,991
0
0
34,991
12,000
2,975
0
0
2,975
2,100
2,848
0
0
2,848
2,467
1,757
0
0
1,757
1,301
2,267
0
0
2,267
2,495
8,363
0
0
8,363
7,139
7,324
0
0
7,324
7,272
2,271
0
0
2,271
1,307
3,831
0
0
3,831
7,660
13,538
0
0
13,538
22,847
22,738
0
0
22,738
15,864
1,027
0
0
1,027
0
225
0
0
225
0
517
0
0
517
0
272
0
0
272
0
3,245
0
0
3,245
3,190
875
0
0
875
1,585
1,119
0
0
1,119
1,519
2,233
0
0
2,233
3,440
4,054
0
0
4,054
2,845
224
0
0
224
99
1,151
0
0
1,151
2,060
1,938
0
0
1,938
2,321
2,038
0
0
2,038
1,616
1,492
0
0
1,492
4,360
**403,067**
**0**
**0**
**403,067**
**306,510**| |---|---| Page 24 of 30 ## **THE CROWN CHURCH** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE PERIOD ENDED 31ST AUGUST 2020** ## **3 a.i) DETAILS OF CERTAIN TYPES OF EXPENDITURE** |**3 a.i) DETAILS OF CERTAIN TYPES OF EXPENDITURE**||| |---|---|---| ||**17 months**|**12 months**| ||2020/19|2019/18| ||£|£| |Independent examiner’s fees|1,757|1,301| |Assurance services other than audit or independent examination|0|0| |Tax advisory fees|0|0| |Other fees (for example: financial advice, consultancy, accountancy services) paid to the|0|0| |independent examiner||| ||1,757|1,301| ## **4. GRANTMAKING** Analysis of grants paid (included in cost of charitable activities) |The John 3.16 Trust
Cleres Pachecho (Poland)
Individual grants < £500
New Ground
Stepping Stone Charitable Trust
C Adebiyi-Yekinni (South East Asia)
Commission Apostrol
Edfri International
Total|Grants to
Grants to
2020/19
institutions
individuals
£
£
£
1,700
0
1,700
0
2,975
2,975
500
0
500
40,605
0
40,605
2,848
0
2,848
0
3,594
3,594
5,614
0
5,614
5,914
0
5,914
**57,181**
**6,569**
**63,750**| |---|---| ## **5. ANALYSIS OF STAFF COSTS, TRUSTEE REMUNERATION AND EXPENSES AND THE COST OF KEY MANAGEMENT PERSONNEL** |Gross Wages and Salaries
Employer's National Insurance (after SMP recovered)
Less: HMRC Employer Incentive (17 months allowance)
Employer Pension Contributions|**17 months**
**12 months**
**2020/19**
**2019/18**
£
£
204,106
139,478
7,631
12,125
(6,828)
(3,000)
3,806
706
**208,715**
**149,309**| |---|---| Number of employees who were engaged in each of the following activities: |Activities in furtherance of organisation's objects
Management and administration|**2020/19**
**2019/18**
TOTAL
TOTAL
4
3
4
4
8
7| |---|---| Page 25 of 30 ## **THE CROWN CHURCH (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE PERIOD ENDED 31ST AUGUST 2020** The staff numbers at the end of the financial period represent 4 full time and 4 part time staff members. One employee received emoluments in excess of £60,000, due to the fact that this reporting period covers 17 months. No employee received emoluments in excess of £60,000 in a 12 month period. (2019/18: None). The Company operates payroll under the PAYE system. One Trustee (who is also a member of the Eldership Team) and one other member of the Eldership Team receive remuneration. The amounts paid for trustee remuneration and benefits during the period is as follows: **----- Start of picture text -----**
|||||||| |---|---|---|---|---|---|---| |Name of trustee|Legal authority|Amounts paid or benefit value| |2020/19|2019/18| |17 months|12 months| |Employer|Employer| |Remuneration|Pension|NI|TOTAL|TOTAL| |£|£|£|£|£| |James Hunting|Governing document|72,141|1,534|8,260|81,935|55,051| |72,141|1,534|8,260|81,935|55,051| |In the period the charity has paid trustees travel expenses as follows:| |2020/19| |Number of trustees who were paid expenses|1| |Total amount paid|£|449| **----- End of picture text -----**
The above payments represent reimbursements of expenses incurred while furthering the objects of the charity. Other payments to trustees were reimbursement of items purchased on behalf of the charity. Five trustees donated an aggregate amount of £33,225 (2019/18: £22,876) to the charity during the year. There were no conditions attached to the donations. One related party to a Trustee received remuneration of £1,694 for their role as Venue Pastor. Employer national insurance contributions of £133 were paid on their behalf. No other payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the charity and a trustee or any person connected with them. Key management personnel are considered to be the Board of Trustees together with the Eldership Team. The total employee benefits paid to key management personnel (including employer national insurance and employer pension contributions) was £139,073 (2019/18: £92,792). The church pays pension contributions on behalf of seven employees. An automatic enrolment workplace pension scheme is available and eligible employees were enrolled with the option of opting out if they so wish. Page 26 of 30 ## **THE CROWN CHURCH (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE PERIOD ENDED 31ST AUGUST 2020** ## **6. TANGIBLE FIXED ASSETS** |**6. TANGIBLE FIXED**|**ASSETS**||| |---|---|---|---| |||Unrestricted|| |Cost|01-Apr-19|Land and
Refurb and
PA
Other
Computer
Buildings Improvements Equipment
Equipment
Equipment
Title: AGL33832
£
£
£
£
£
365,020
481,560
8,530
5,463
5,818|Total
£
866,391| |Transfer||0
0
8,282
0
5,840|14,122| |Cost at|31-Aug-20|365,020
481,560
16,812
5,463
11,658|880,513| |Depreciation|01-Apr-19|14,601
19,273
8,197
5,376
5,796|53,243| |Charge (17 months)||10,342
13,644
3,051
31
623|27,691| |Depreciation at|31-Aug-20|24,943
32,917
11,248
5,407
6,419|80,934| |Net Book Value|31-Aug-20|**340,077**
**448,643**
**5,564**
**56**
**5,239**|**799,579**| |Net Book Value|31-Mar-19|350,419
462,287
333
87
22|813,148| The annual commitments under non-cancelling operating leases, capital commitments, contingent liabilities are as follows: 31st August 2020: None 31st March 2019: None ## **7. DEBTORS AND PREPAYMENTS** |Prepayments
Tax Recoverable
**8. CASH AT BANK AND IN HAND**
Bank Current Account
Petty Cash|Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**31-Aug-20**
**31-Mar-19**
£
£
**£**
**£**
0
0
0
317
27,251
0
27,251
20,286
**27,251**
**0**
**27,251**
**20,603**
Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**31-Aug-20**
**31-Mar-19**
£
£
**£**
**£**
296,044
0
296,044
118,064
59
0
59
102
**296,103**
**0**
**296,103**
**118,166**| |---|---| ## **9. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Credit Card
HMRC PAYE and NI
Independent Examiners Fees
Mortgage|Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**31-Aug-20**
**31-Mar-19**
£
£
**£**
**£**
2,754
0
2,754
2,291
0
0
0
966
1,757
0
1,757
1,301
13,750
0
13,750
13,750
**18,261**
**0**
**18,261**
**18,308**| |---|---| Page 27 of 30 ## **THE CROWN CHURCH** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE PERIOD ENDED 31ST AUGUST 2020** ## **9. a) CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE AFTER ONE YEAR** |Mortgage|Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**31-Aug-20**
**31-Mar-19**
£
£
**£**
**£**
220,000
0
220,000
247,500
**220,000**
**0**
**220,000**
**247,500**| |---|---| The above loan from Methodist Chapel Aid was drawn down in 4 instalments commencing in April 2017 for £275,000 over a term of 20 years. ## **10. ANALYSIS OF NET ASSETS BETWEEN FUNDS** |Tangible Fixed Assets
Investment Assets
Net Current Assets
Long Term Liabilities|Unrestricted
Designated
Restricted
**TOTAL**
Funds
Funds
Funds
**2020/19**
£
£
£
£
799,579
0
0
799,579
0
0
0
0
305,093
0
0
305,093
(220,000)
0
0
(220,000)
**884,672**
**0**
**0**
**884,672**| |---|---| ## **10. a) ANALYSIS OF NET ASSETS BETWEEN FUNDS - PREVIOUS PERIOD** |Tangible Fixed Assets
Investment Assets
Net Current Assets
Long Term Liabilities|Unrestricted
Designated
Restricted
**TOTAL**
Funds
Funds
Funds
**2019/18**
£
£
£
£
813,148
0
0
813,148
0
0
0
0
120,461
0
0
120,461
(247,500)
0
0
(247,500)
**686,109**
**0**
**0**
**686,109**| |---|---| ## **11. DESIGNATED FUNDS** The charitable company did hold any designated funds during this financial year. ## **12. RESTRICTED FUNDS - THIS PERIOD** |Istanbul Fund|Balance
Expend-
Capital
Transfers
Balance
01-Apr-19
Income
iture
Expenditure
Btw Funds
31-Aug-20
0
0
0
0
0
0
**0**
**0**
**0**
**0**
**0**
**0**| |---|---| Page 28 of 30 ## **THE CROWN CHURCH** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE PERIOD ENDED 31ST AUGUST 2020** ## **12 a). RESTRICTED FUNDS - PREVIOUS YEAR** |Istanbul Fund|Balance
Expend-
Capital
Transfers
Balance
01-Apr-18
Income
iture
Expenditure
Btw Funds
31-Mar-19
£
£
£
£
£
£
0
11,570
11,570
0
0
0
**0**
**11,570**
**11,570**
**0**
**0**
**0**| |---|---| The Istanbul Fund was established to support the Istanbul Church Plant Fund. ## **13. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES** The Company is Limited by Guarantee and is a Charity registered with the Charity Commission number 1095028 and does not have a Share capital. The Company has no income which is subject to corporation tax. |Surplus / Deficit for the financial period
Other Recognised Gains
Balance Brought Forward
Closing Funds at 31st March|17 months
**2020/19**
198,563
0
**198,563**
686,109
**884,672**|12 months
**2019/18**
32,347
0
**32,347**
653,762
**686,109**| |---|---|---| ## **14. RISK ASSESSMENT** The directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. ## **15. PUBLIC BENEFIT** The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Directors report. The Directors confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. Page 29 of 30 ## **THE CROWN CHURCH (A COMPANY LIMITED BY GUARANTEE)** ## **STATEMENT OF CASHFLOWS FOR THE PERIOD ENDED 31ST AUGUST 2020** |2020/19
£
**Cash used in operating activities**
(a)
**219,559**
**Cash used from investing activities**
Interest income
0
Purchase of tangible fixed assets
14,122
**Cash provided by (used in)**
**investing activities**
205,437
**Cash flows from financing activities**
Introduction/(Repayment) of long term borrowing
(27,500)
**Cash used in financing activities**
(27,500)
Increase/(decrease) in cash and
cash equivalents in the year
177,937
Cash and cash equivalents at the
start of the year
118,166
**TOTAL cash and cash equivalents**
**at the end of the year**
(b)
**296,103**
**(a) Reconciliation of net movement in funds to net cash flow from operating activities**
2020/19
£
Net movement in funds as per Statement of Financial Activities
198,563
Add back depreciation charge
27,691
Deduct correction made to fixed asset cost
0
Decrease/(increase) in debtors
(6,648)
Increase/(decrease) in creditors
(47)
**219,559**
**Net cash used in operating activities**
**(b) Analysis of cash and cash equivalents**
2020/19
£
Cash at bank and in hand
296,103
**Total cash and cash equivalents**
**296,103**|2019/18
**45,811**
0
0
45,811
(27,500)
(27,500)
18,311
99,855
**118,166**
2019/18
32,347
17,105
(580)
(16,794)
13,733
**45,811**
2019/18
118,166
**118,166**| |---|---| Page 30 of 30 ## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** I report to the trustees on my examination of the accounts of The Crown Church for the period ended 31st August 2020. As the charity's trustees (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). ## **Responsibilties and basis of report** I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a fellow member of the Association of Charity Independent Examiners. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination 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) Regulations 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 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. ## Signed: Name: J Irvinesmith FCIE Date: 13th May 2021 Independent Examiners Ltd Unit 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF