## **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **CHARITY NO: 1095085 COMPANY NO: 04430106** AUKER RHODES PROFESSIONAL SERVICES LLP Chartered Accountants KEIGHLEY **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **CONTENTS** ||**Page**| |---|---| |Company Information|1| |Report of the Directors and Trustees|2 – 6| |Statement of Directors and Trustees Responsibilities|7| |Independent Examiner’s Report|8| |Statement of Financial Activities|9| |Balance Sheet|10 – 11| |Notes to the Financial Statements|12 – 19| |Detailed Statements of Financial Activities:|| |Unrestricted Funds|20 – 21| |Building Funds|22| |Other Restricted Funds|23 - 24| **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **COMPANY INFORMATION** LEGAL STATUS : A Company limited by guarantee not having a share capital. The governing instrument is the Company’s Articles of Association. The Company is a registered Charity. DIRECTORS AND TRUSTEES : I. Ravens D. Straughton A. Davies P Enright (resigned 19-02-22) K Scott Da-Ebue Alfred Mrs N M Rhodes SECRETARY : I. Ravens REGISTERED OFFICE AND : Brigade House PRINCIPLE ADDRESS Brigade Close Harrow Middlesex HA2 0LQ REGISTERED CHARITY NUMBER : 1095085 COMPANY NUMBER : 04430106 SOLICITORS : Hill Hofstetter Ltd Trigen House Central Boulevard Blythe Valley Park Solihull B90 8AB ACCOUNTANTS : Auker Rhodes Professional Services LLP Chartered Accountants Aire Valley Business Centre Lawkholme Lane Keighley BD21 3BB BANKERS : Barclays Bank Plc 355 Station Road Harrow Middlesex HA1 2AN Page 1 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS AND TRUSTEES** The Directors and Trustees present their Report and Financial Statements for the year ended 31 March 2022. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **CHARITY NO:** 1095085 **COMPANY NO:** 04430106 The Charity operates from its registered office at Brigade House, Brigade Close, Middlesex, HA2 0LQ. The Directors and Trustees who served during the year are: I. Ravens P Enright (resigned 19-02-22) D. Straughton A. Davies K Scott Da-Ebue Alfred Mrs N M Rhodes ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The Charity’s legal status is that of a Company Limited by Guarantee and is governed by the Company’s Articles of Association. Trustees are appointed by members of the company at Annual General Meetings or Extraordinary General Meetings. Trustees have the power to fill casual vacancies subject to approval at subsequent Annual General Meeting. ## **AGENTS AND ADVISERS** The Solicitors of the Charity are Hill Hofstetter Ltd, of Solihull. The Accountants of the Charity are Auker Rhodes Professional Services LLP, Chartered Accountants and Registered Auditors, of Keighley. ## **OBJECTIVES AND ACTIVITIES** The objective of the charity is the advancement of the Christian faith in accordance with the doctrines and practices laid out under the "Statement of Beliefs" in the Memorandum of Association. The Vision Statement for King's Church Harrow is as follows: _'To be an international family of 1000 worshippers, who love God above all else, enthusiastically tell others about Jesus and grow in maturity in Christ.’_ The following four key development areas have been identified: Equipping and developing leaders. Prayer. Making disciples of all nations. On mission together in Harrow. One church, three venues. Page 2 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS AND TRUSTEES** ## **OBJECTIVES AND ACTIVITIES Cont.** We aim to provide as many opportunities as possible for all people in the area to learn and benefit from the teaching of the Bible and the Christian message. With this in mind, we strive to be a church which is international in outlook and inclusive of people from different cultural and ethnic backgrounds, thus reflecting the diverse makeup of the population of Harrow. The trustees have complied with their duty to have due regard to the guidance on Public Benefit published by the Charity Commission in exercising their powers or duties . Throughout this financial year the church has had to continue to adapt to the global coronavirus pandemic to continue its activities. The church met in line with restrictions at the time with meetings taking place online up to the beginning of September when we were able to meet face to face again at both Kingsbury and Vaughan venues. Meeting formats have included: - Weekly online meetings for the whole church held on a Sunday morning. - Online midweek prayer meetings held twice a week for the whole church. - Midweek life groups continued to meet online in which each church member is able to participate, develop friendships and receive pastoral support - A monthly online Friday evening prayer meeting. - Online youth meetings every fortnight on Friday evenings. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Sunday Meetings** In line with the government guidelines during the global pandemic, we adapted our regular services including our Sunday meetings. Our Sunday meetings took place online for the first six months and were open to everyone in our Kingsbury and Vaughan venues. The meetings were also open to the public, however in order to ensure online safety, anyone wishing to join the meeting for the first time, was required to request the meeting details from the church office. In September we returned to meeting face to face at the two venues ensuring that we adhered to relevant government safety guidelines. Our teaching programme was designed to foster spiritual growth and faith as well as to inspire vision and provide encouragement for both the individual and the corporate church. We covered several series throughout the year including ‘Grace & Freedom’ from Galatians, ‘Jesus is Better’ from Hebrews, ‘Jesus Stories’, Old Testament Encouragement and over Christmas, ‘God with us’. The presentation of the Gospel for the benefit of those new to or outside of the Christian faith is also a regular feature in our meetings. We gave opportunity for people to respond to the message that was given, and we also offered prayer for healing of the sick. We were able to continue to do this when online through a virtual ‘prayer room’ at the end of the service. We also gave opportunity for different members of the church to bring an encouragement and prayer during our Sunday meetings. On some Sundays, we took the opportunity to take communion together during the service ## **Church and Community Activities** We held a Good Friday and an Easter Sunday Service online. We had to cancel our planned in-person Christmas Carol Service and Christmas Day service due to concerns over Covid. We held our Christmas Carol service online instead. Our mid-week small groups offered regular online meetings with opportunity to catch-up, worship and prayer together. Some groups offered a weekly gathering, others fortnightly. This helped keep a sense of community and looking out for one another during this unusual time. For those not part of groups there was an encouragement to keep in touch over the phone, or by meeting up one to one, or twos and threes as restrictions allowed. Page 3 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS AND TRUSTEES** ## **ACHIEVEMENTS AND PERFORMANCE Cont.** ## **Church and community activities Cont.** Our youth club for eleven- to sixteen-year-olds continued to meet online until September 2021, when Covid restrictions were relaxed, and we were able to return to face to face meetings. The purpose of these meetings is to facilitate the development of friendships and discipleship. ## **Prayer Events** This year we continued our monthly Prayer and Praise meetings. These were initially online, but as the Covid restrictions were eased, we began to meet in person again on Friday nights at Brigade House. We continued our twice weekly online morning prayer meetings until end of June 2021. We offered a weekly lunchtime online prayer meeting during first three weeks of July 2021. We also started some weekly online morning prayer meetings for Ukraine in late February 2022 up to Easter after the outbreak of the war. ## **Kings’ English Class** Marta Biggart, a qualified and experienced ESOL teacher, is employed to offer a weekly term time English class from 1 to 3pm on a Monday at Brigade House. Due to Covid-19 restrictions these classes were delivered online with, on average, eight students joining for each session. This gave the opportunity to have people in the class who do not live in Harrow e.g., Feltham, Italy, and Colombia. The other learners were from the following nations: China, Iran, South Korea, Somalia, Moldova, Belarus, the Caribbean, Romania, Russia, and Ukraine. In addition, Marta started ESOL classes with help from other church members at our Kingsbury venue in September 2021, from 1pm – 3pm (term time). The English class is a place where people come to learn and improve their English language skills but also a place where cross cultural friendships are formed and consolidated so those who are distressed are able to find love and acceptance. It is also an opportunity to introduce Christianity. Christmas and Easter are special occasions when Bible stories are presented, and Christian literature is given to the students. ## **Support for People with Mental Health Challenges** Cliff Nelson, one of the elders at King’s Church. received training back in 2012 as a faith visitor from the Harrow Mental Health Service at Northwick Park Hospital. This role primarily involves responding to individual patient requests to see a Christian faith visitor on the Eastlake and Ferneley mental health wards at Northwick Park hospital and hosting annual Christmas and Easter faith celebrations on the wards. Due to Covid-19 restrictions, from April 2021, it was not possible to offer in person appointments on request from patients on the wards who wanted one. Instead, phone appointments continued to be offered. In person visits to the patients began again in February 2022. ## **Ministry to the Poor** For the thirteenth year running we worked in partnership with other churches in Harrow through a local charity we set up in the name of FirmFoundation, seeking to meet the needs of those who are homeless in the borough. Julian Saunders, one of our members, is employed full-time as Charity Manager by FirmFoundation. ## **Tot’s Group at Kingsbury** On 30[th] June 2021 Alison Theobald, assisted by four other church members, set up a Toddler group at our Kingsbury venue which met every Wednesday afternoon for one and a half hours. 8 families from the surrounding area joined before the summer break and by October half term 9 more families had visited, some of which only came once because the sessions did not fit in with the children’s sleep patterns. In the new year the numbers continued to increase and after 12 months the group had seen approximately 50 families, 14 of which were regularly attending the sessions. Many of the mums are Romanian who speak little Page 4 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS AND TRUSTEES** ## **ACHIEVEMENTS AND PERFORMANCE Cont** ## **Tot’s Group at Kingsbury Cont.** English, so it has taken time to build relationships, however, we were able to introduce some of them to our English classes run by Marta Biggart. Also, at Christmas and Easter there were opportunities to introduce the families to the Christian faith. Each child was given a book about the celebration together with a small gift. ## **Fitness Classes** We recommenced fitness classes at Kingsbury after Covid restrictions had been relaxed. Two classes were held each week, one was for cardio conditioning, the other was freestyle pilates. They were open to both church members and the local community. ## **Cariad Baby Bank** At the beginning of this financial year Lauren Enright, assisted by some of our church members, set up a baby bank, supplying baby clothes, and other related items which have been donated, to those in need in the Harrow area. Initially distribution has been through referrals only. A separate fund was opened to receive monetary donations for the baby bank. ## **Leadership** The King’s elders David Straughton, Cliff Nelson, Michael Scott, Errol Breda and Ian Ravens usually met each week for discussion of church pastoral issues, prayer and planning. In November 2021 Ian Ravens lay down his eldership responsibilities after having served in this role for 32 years. We have four mid-week groups led by couples in the church that provide pastoral care, pray and worship, and learn from the scriptures together. They met online, usually weekly, during the period of Covid restrictions. David provided oversight to the Praise and worship and PA teams. Cliff provided oversight to the Youth, Shining Lights and Creche teams (when in person Sunday meetings resumed). David Straughton and Michael Scott began a men’s discipleship group to train and develop potential new leaders. They met once every six weeks and on some evenings theological papers were presented and discussed, the first one of which was on eternal security. Dave Holden, who leads the New Ground family of churches, offered a monthly zoom meeting for leaders in New Ground churches, and these proved very helpful as we continued to navigate our way through the Covid period. The two elders on church staff also met regularly with Dale Barlow, from the New Ground Core Leadership team, and two elders from another local church Christ First Watford, mainly over zoom. ## **Training** In December most of our members who are involved with children and Young Peoples’ work, together with the trustees received Safeguarding training via a course provided by Thirty One Eight (Christian Child protection Advisory Service). Some of the trustees also completed additional training on working with adults at risk of harm. ## **Financial Support** We are part of a family of churches known as ‘New Ground’ within ‘Newfrontiers’ and as an expression of our commitment to being involved in world mission we give financial support to New Ground in their various projects both in the UK and in other parts of the world, particularly Europe. We have also continued to provide financial support to local charity ‘FirmFoundation’, as it seeks to serve the homeless in Harrow. Page 5 KING'S CHURCH HARROW {A COMPANY LtMrrED BY CUARAKfEE) REPORT OF THE DIRECTORS AND TRUSTEES ACHIEVEIIENTS AND PEIIFORIAANCE ConL Klng•bury Ven In con1￿ctiOn wilh Churth Grthsth TnBL ￿ have cXJM￿9ted )￿l￿n9 to improve th8 bLlllthng in ordwto better use lh& buildiryJ in Ilne and va￿￿. Thi¥ th induded the bJik4ing of a new entra￿ hall. a foyer v￿th 2 toilets i￿U￿1ng and rfisabled Ic41e( tTr)vlng the kitchen, removirvj 8 bathrc£qn and ¢reating a nwl pa358ge￿Y and doub￿ glazing ofwndows in main hall. Part ofthi& work also allowed creation of tlwg& rc￿)8 to be L*ed as a nursery as wdl as an OUt￿￿r greg for Ihèm to U8e. Those rc*yll8 have teen rented ¢xrt Rising Stars Nurs￿ Limital whtch owed Ihwr dcoTr in April W21. FIPI4NCIAL REMEW Full detalls Oftt￿ fjnanc4al trarBathon8 are c*)ntwMd in thè Èllathed A£eAxJnts. Th¢ total i{￿￿Ming resourc8s for tho Year￿[• £197,416 WKI after (fothKbng rewJuTCW exFe￿Ied of£179.933. the nelswtyus was £17.483. OUT is to rnaintsin suffio¥nt r&ser¥es in ouf Unrestrictwj Fund to enable us to C4Jntir#Je to meet ourcurrent commltments. We are maktsining a cash reBeFve Of£10.0￿ inthe Building FUNJ to o)ver ary pos$lblo inm8e in th& interest rat6 on our mortgage. In add￿On, we mainlain a designated fijnd which now has a cash balance cl £5.296 as a contingency to meet ary unexpected costs rdating to em￿gerry r￿rS to Brigada Housè. The net assets ofthe Charity a 31st MaTth 2022 £420.517. FUhTh HELD AS CiL8TODIAN TRLWEE as88ls aro held In the wadty of Custodian Trustse. 8MALL COMPANY PROVISK)NS This report haB been pRpared In att0rdar￿ ¥￿1h the S￿￿1 C4Mnpanie8 wime undwlh6 Ccffjp8n* Acl SIGNED ON BEHALF OF THETrUSTEeS Page 6 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **STATEMENT OF DIRECTORS AND TRUSTEES RESPONSIBILITIES** The trustees (who are also directors of King's Church, Harrow for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: - there is no relevant audit information of which the charitable company’s auditor is unaware; and - the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information. Page 7 KING'S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF DIRECTORS AND TRUSTEES OF KING'S CHURCH HARROW I report on the acwtknts ofthe company forthe year end8d 31 March 2022 which are set out on pages 9 to 24. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The trustees (who are also the directors of the cornpany for the purposes of company lawl are respon51ble for the preparation ofthe accA)unts. The trustees con$Kl81 that an audf( is not required for this year under sethon 144121 of the charib.es Act 2011 (the 2011 Act) and that an independent exarnination is needed. Having satisfied myself that th8 ch8nty is not 8uty*ct to audit under ¢Lmpany law and is eligible for independent examinatyon, it is my responsibilty to". exarnino the accounts under section 145 01 the 2011 Act, follow the prO￿dureS laid down in the general Directions given by the Charty Ctthmission under Section 1451Sllbl of 2011 Aet," and stste whether partiwlar matters have come to my attention. BASIS OF INDEPENDENT EXAMINER'S REPORT My examinatron was carri￿ out in aco)rdance with gowral Directions given by the Charity Comrnission. An examination indudes a rewew of the accounbng remrd5 kept by the charity and 3 comparison of th8 accounts presented with those records. It also includes considerats.on ol any unusual items or disclosures in the accounts, and seeking explanatsons from you a5 trustees conceming any suth mattets. The procedures undertaken do not provide all the evidence thatwould be wuired in an audit. and con5equendy no opinion is giv8n a5 to whether thè accounts present a'true and falr th8 report is limited to those matters set out in the ststementbelow. INDEPENDENT EXAMINER'S STATEMENT In connection with my examinats"on, no matter has corne to my attention". which give$ me reasonab18 cause to believe that. in any mat8rial r6spec( the requirements. tD keep 8(xounts"ng records in ac￿rdan￿ Wilh $g¢tion 386 and 387 01 the Companies Act 2006.. and to prepar8 accounts which aceord wth the accounb.ng ￿￿d5, comply the acctsunting requirernents of se¢ts"ons 394 and 395 of the Companies Act 2006 and methods and prinuples of th8 Accounb"ng and Reporting by Charities." Statement of Recommended Piactr'ce applicable to ¢hgrities preparing their accounts in attOrdan￿ wth the Finanual RepDrting Standard applicable in the UK and Republic of Ireland IFRS1021 leffethve 1 January 20151 to whith. in y opinion. attentiDn should be drawn in order to enable th8 proper understsnding ol the accou e ￿aChed. 2yd Novernber 2022 Auker Cha odo5 Profe¥8lonal Services LLP red Accountants Aire Valley Business Centr8 Lawkholme Lane Keighley BD21 38B Page 8 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 (INCORPORATING INCOME AND EXPEDITURE ACCOUNT)** |**Unrestricted**
**Notes**
**Funds**
**£**
**INCOMING RESOURCES**
Voluntary Income
**2**
165,298
Activities for Generating Funds
**3**
26,659
Investment Income
**4**
6
**Total Incoming Resources**
191,963
**RESOURCES EXPENDED**
**Cost of Generating Funds**
268
**Governance Costs**
**5**
8,320
**Charitable Activities**
Staff Costs
**6**
93,424
Premises and Equipment Costs
**7**
31,242
Administration Costs
**8**
7,614
Other Charitable activities Costs
**9**
18,307
Mortgage loan interest
-
150,587
**TOTAL RESOURCES EXPENDED**
159,175
**NET INCOMING RESOURCES**
32,788
Net Transfers Between Funds
(28,008)
**Balances Brought Forward**
79,426
**Balances Carried Forward**
84,206|**Restricted**
**Funds**
**£**
5,452
-
1
5,453
-
-
-
11,491
77
3,455
5,735
20,758
20,758
(15,305)
28,008
323,608
336,311|**Total Funds**
**Total Funds**
**2022**
**2021**
**£**
**£**
170,750
168,155
26,659
19,375
7
31
197,416
187,561
268
36
8,320
6,784
93,424
97,549
42,733
55,366
7,691
6,925
21,762
12,244
5,735
7,292
171,345
179,376
179,933
186,196
17,483
1,365
-
-
403,034
401,669
420,517
403,034| |---|---|---| Page 9 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **BALANCE SHEET AT 31 MARCH 2022** |**Notes**
**FIXED ASSETS**
Tangible Assets
**10**
**CURRENT ASSETS**
Debtors
**11**
Cash at Bank
**CREDITORS**
Amounts Falling Due Within
One Year
**12**
**Total assets less current liabilities**
**CREDITORS**
Amounts Falling Due after
more than One Year
**13**
**NET ASSETS**
**RESERVES**
Unrestricted Funds
**14**
Designated Funds
**14**
Restricted Funds
**14**|**£**
**£**
**£**
**£**
451,599
461,635
33,072
32,675
72,211
70,505
105,283
103,180
16,261
26,512
89,022
76,668
540,621
538,303
120,104
135,269
420,517
403,034
89,200
74,356
4,244
5,070
327,073
323,608
420,517
403,034
**2022**
**2021**| |---|---| Page 10 KING*S CHURCH HARROW (A COMPANY LIMfTED BY GUARAI¥TEE) BALANCE SHEET AT 31 MARCH 2022 c(rfrtlnuod The ¢heritatk o)mpory is enotled to exempl￿ from under gecllon 477 01 the ComF4nies Ad 2Cth frrthe yearerthj 31 Marth 2022. Tho m•mbtrrn have not roqutyed tho oynFery to cajtthn an a￿Jit of its fina￿481 8tsterne￿ forthè year eTrd&J 31 Marth 2U22 in aceordance with ￿tItin 478 ofthe Companies Act2(￿. Th? Dlr&tsrs' acknv•thge fvir YgSFmlbilthos for lal ensuring Ihat th8 d*ritabte o)mpany kogps actihffiting r￿¢(dI tr￿t compty vAth Section 386 and 387 oftho Companies Act2QJ8 ond {b} kweparing ffnandal 8tstsments giv8 a In￿ falr of the slate of affalrs of ts chartrÈbJ8 npany as al the end of eaL* ffinanaal year arKI of rts surplus or defilit for ea¢h finaroJ year in ao))rdanc* vdth the ¥eqUIre￿nt of Sec*ons 394 and 396 and vthlch otsrwisè eunply *ith tha requirements of the CLIn￿ni¥s Acl rdatkng to financrdl statements, $0 far a8 applKablÈ to the corryry. These finanoal sfatwnents hav8 been wepared in attord•K•vAththg ofPart 15ofthe Ccffjpanres*£t 2￿6 rdating to Small charitaNe ¢cmpon¢es. fina ents approved tythe board on 23￿ NO¥￿ter2022, aTrJ sIg￿d on their tehalby.. THE TRUSTEES Pagell **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **1. ACCOUNTING POLICIES** The financial statements of the charitable company, which is public benefit entity under FRS102, have been prepared in accordance with the Charities SORP (FRS102). ‘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 (effective 1 January 2015)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard FRS102 applicable in the UK and Republic of Ireland’ EEA, the and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. - a. All grants and voluntary income are accounted for gross when receivable, as long as they are capable of financial measurement. - b. All expenditure is accounted for gross, and when incurred. - c. Direct Charitable Expenditure includes the cost of travel specifically incurred in connection with charitable expenditure plus the personnel and other costs associated with the management of the projects. - d. Depreciation is provided to write off the cost or valuation, less estimated residual values, of all fixed assets over their expected useful lives. It is calculated at the following rates: Fixtures, Fittings & Equipment 10% on cost Computer Equipment 33% on cost Freehold property 2% on cost - e. Fund-raising and publicity expenses include expenses incurred directly by the Company and those incurred by third parties in raising Charity funds for the Company and paid directly by the company at the fund raisers request. - f. The Charity makes contributions into an employee's stakeholder pension plan. Contributions payable to the charitable company’s pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **2. VOLUNTARY INCOME** |**Unrestricted**
**Funds**
**2022**
**£**
Tithes
134,816
Offerings
75
Stewardship / Charities Aid Incom
-
Income Tax Recovered
30,407
165,298|**Restricted**
**Funds**
**2022**
**£**
2,250
1,340
1,100
762
5,452|**Total**
**Total**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
137,066
126,473
1,415
10,239
1,100
1,167
31,169
30,276
170,750
168,155| |---|---|---| Page 12 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **3. ACTIVITIES FOR GENERATING FUNDS** |Miscellaneous Income
Rental Income
Fitness Class Income|**Unrestricted**
**Funds**
**2022**
**£**
-
25,833
826
26,659|**Restricted**
**Funds**
**2022**
**£**
-
-
-
-|**Total**
**Total**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
-
9,268
25,833
10,000
826
107
26,659
19,375| |---|---|---|---| ## **4. INVESTMENT INCOME** ||**Unrestricted**|**Restricted**|**Restricted**|**Total**||**Total**|| |---|---|---|---|---|---|---|---| ||**Funds**|**Funds**||**Funds**||**Funds**|| ||**2022**|**2022**||**2022**||**2021**|| ||**£**|**£**||**£**||**£**|| |Income Received From|||||||| |Cash Deposits|6||1||7||31| ## **5. GOVERNANCE COSTS** |Legal & Professional fees
Registrations & Subscriptions
DBS / CRB Checks
Insurance|**Unrestricted**
**Funds**
**2022**
**£**
3,912
2,212
86
2,110
8,320|**Restricted**
**Funds**
**2022**
**£**
-
-
-
-
-|**Total**
**Funds**
**2022**
**£**
3,912
2,212
86
2,110
8,320|**Total**
**Funds**
**2021**
**£**
2,860
1,695
381
1,848| |---|---|---|---|---| |||||6,784| Page 13 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **6. STAFF COSTS** Staff costs were as follows: The pension costs represent contributions payable by the charity for the year. |Directors Remuneration
Wages and Salaries
Social Security Costs
Pension Costs|**Unrestricted**
**Funds**
**2022**
**£**
34,876
46,516
4,258
7,774
93,424|**Restricted**
**Funds**
**2022**
**£**
-
-
-
-
-|**Total**
**Funds**
**2022**
**£**
34,876
46,516
4,258
7,774
93,424|**Total**
**Funds**
**2021**
**£**
34,329
51,108
4,132
7,980| |---|---|---|---|---| |||||97,549| The average number of employees during the year was as follows: ||**2022**||**2021**|| |---|---|---|---|---| |Administration and support||4||5| ## **7. PREMISES AND EQUIPMENT COSTS** |Rates
Room Hire
Repairs and Renewals
Depreciation|**Unrestricted**
**Funds**
**2022**
**£**
115
23,500
4,105
3,522
31,242|**Restricted**
**Funds**
**2022**
**£**
-
-
-
11,491
11,491|**Total**
**Total**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
115
149
23,500
13,000
4,105
27,780
15,013
14,437
42,733
55,366| |---|---|---|---| Page 14 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **8. ADMINISTRATION COSTS** |Telephone
Electricity and Gas
Computer Costs
Printing and Stationery
Entertaining
Travelling expenses
Bank charges
Sundry Expenses|**Unrestricted**
**Funds**
**2022**
**£**
1,474
3,850
163
1,627
-
40
104
356
7,614|**Restricted**
**Funds**
**2022**
**£**
-
-
-
77
-
-
-
-
77|**Total**
**Funds**
**2022**
**£**
1,474
3,850
163
1,704
-
40
104
356
7,691|**Total**
**Funds**
**2021**
**£**
654
3,712
486
1,154
6
45
423
445| |---|---|---|---|---| |||||6,925| ## **9. OTHER CHARITABLE ACTIVITIES COSTS** |Gifts
Visiting Speakers
Conferences and Training
Books and C/Ds
Fitness Classes
PA Expenses
Baby Bank Supplies
Children and Young People
Catering and Social Events|**Unrestricted**
**Funds**
**2022**
**£**
14,298
252
1,370
51
640
556
-
41
1,099|**Restricted**
**Funds**
**2022**
**£**
1,900
-
-
-
-
-
1,555
-
-
3,455|**Total**
**Total**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
16,198
11,974
252
-
1,370
15
51
-
640
-
556
54
1,555
-
41
96
1,099
105
21,762
12,244| |---|---|---|---| ||18,307||| Page 15 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **10. FIXED ASSETS** |**Cost**
Cost at 1 April 2021
Additions
Disposals
Cost Carried Forward
**Depreciation**
Depreciation at 1 April 2021
Depreciation Charge for Year
Eliminated on disposals
Depreciation Carried Forward
Net Book Value at 31 Mar 2022
Net Book Value at 31 Mar 2021|**Freehold**
**Property**
**Building Fund**
**£**
550,356
-
-
550,356
99,063
11,007
-
110,070
440,286
451,293|**Total**
**General Fund**
**Building Fund**
**£**
**£**
**£**
48,065
4,525
602,946
4,977
-
4,977
-
-
-
53,042
4,525
607,923
38,301
3,947
141,311
3,561
445
15,013
-
-
-
41,862
4,392
156,324
11,180
133
451,599
9,764
578
461,635
**Fixtures, Fittings and**
**Equipment**| |---|---|---| ## **11. DEBTORS** |Income Tax Recoverable
Loans
Prepayments|**2022**
**2021**
**£**
**£**
31,169
30,276
1,350
1,800
553
599
33,072
32,675| |---|---| Page 16 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **12. CREDITORS: Amounts falling due within one year** |Accrued Expenses
Bank Mortgage loan
Social Security|**2022**
**2021**
**£**
**£**
3,648
13,102
12,613
11,213
-
2,197
16,261
26,512| |---|---| Creditors amounts falling due within one year includes the following liabilities, on which security has been given by the Church: |Bank Mortgage loan|**2022**
**£**
12,613
12,613|**2021**
**£**
11,213| |---|---|---| |||11,213| ## **13. CREDITORS: Amounts falling due after more than one year** |Bank Mortgage loan|**2022**
**£**
120,104
120,104|**2021**
**£**
135,269| |---|---|---| |||135,269| Creditors amounts falling due after more than one year includes the following liabilities, on which security has been given by the Church: |Bank Mortgage loan
Instalments not due within five years|**2022**
**£**
120,104
120,104
**2022**
**£**
60,069|**2021**
**£**
135,269| |---|---|---| |||135,269
**2021**
**£**
76,087| Page 17 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **14. STATEMENT OF FUNDS** |**General Fund**
**Total Unrestricted Funds**
**Designated Funds**
Kingsbury Fund
Brigade House Maint. Fund
Relief Fund
**Total Designated Funds**
**Restricted Funds**
Building Fund
Gift Management Fund
Caraid Baby Bank Fund
Hardship Fund
**Total Restricted Funds**
**Total Funds**|**At 1 April**
**2021**
**£**
74,356
74,356
(476)
5,296
250
5,070
317,280
587
1,475
4,266
323,608
403,034|**Income**
**£**
175,304
175,304
16,659
-
-
16,659
1,501
1,390
1,312
1,250
5,453
197,416|**Expense**
**£**
(132,452)
(132,452)
(26,723)
-
-
(26,723)
(17,187)
(1,900)
(1,671)
-
(20,758)
(179,933)|**At 31 March**
**Transfers**
**2022**
**£**
**£**
(28,008)
89,200
(28,008)
89,200
9,238
(1,302)
-
5,296
-
250
9,238
4,244
16,770
318,364
-
77
2,000
3,116
-
5,516
18,770
327,073
-
420,517| |---|---|---|---|---| The general fund represents the free funds of the charity which are not designated for particular purposes. The building fund is restricted to the costs in respect of the maintenance and up keep of Brigade House plus serving the mortgage repayments. The worship director fund was set up for the purpose of employing a worship director. Brigade House Maintenance Fund was set up for the purpose of contingency to cover any emergency repairs at Brigade House. Page 18 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **15. ANALYSIS OF NET ASSETS BETWEEN FUNDS** |Tangible Fixed Assets
Current Assets
Current Liabilities
Non Current Liabilities|**Unrestricted**
**Funds**
**£**
6,143
74,705
(3,648)
12,000
89,200|**Designated**
**Funds**
**£**
4,688
(444)
-
-
4,244|**Restricted**
**Total**
**Funds**
**Funds**
**£**
**£**
440,768
451,599
31,022
105,283
(11,213)
(14,861)
(133,504)
(121,504)
327,073
420,517| |---|---|---|---| ## **16. TRANSACTIONS WITH DIRECTORS AND TRUSTEES** There were no such transactions during the year. ## **17. RELATED PARTY TRANSACTIONS** There were no such transactions during the year. ## **18. CONTROL** The Charity was under the control of the Directors and Trustees throughout the current and previous year. Page 19 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 UNRESTRICTED FUNDS** |**INCOMING RESOURCES**
Tithes
Offerings
Income Tax Recovered
Interest Received
Miscellaneous Income
Rental Income
Fitness Class Income
**Total Incoming Resources**
**RESOURCES EXPENDED (Page 20)**
**NET INCOMING RESOURCES**
Net Transfers Between Funds
Balance at 1 April 2021
Balance at 31 March 2022|**General**
**Funds**
**£**
134,816
75
30,407
6
-
25,833
826
191,963
(159,175)
32,788
(18,770)
79,426
93,444|**2022**
**2021**
**£**
**£**
134,816
125,098
75
5,190
30,407
28,832
6
29
-
9,268
25,833
10,000
826
107
191,963
178,524
(159,175)
(165,278)
32,788
13,246
(18,770)
(17,648)
79,426
83,828
93,444
79,426
**Total Unrestricted Funds**| |---|---|---| Page 20 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 UNRESTRICTED FUNDS** |**RESOURCES EXPENDED**
Salaries
Gifts:
Newfrontiers
FirmFoundation
Hardship
Others
Visiting Speakers
Conferences and Training
Outreach and Publicity
Rates
Room Hire
Insurance
Electricity and Gas
Telephone
Computer Costs
Printing and Stationery
Repairs and Renewals
Travelling expenses
Books and Tapes
P. A. Expenses
Fitness Classes
Children and Young People
Catering and Social Events
Entertaining
Legal and Professional
Sundry Expenses
Bank Charges
Depreciation of Fixed Assets
Furniture, Fixtures & Equipment|**General**
**Funds**
**£**
93,424
7,900
3,000
500
2,898
252
1,370
267
115
23,500
2,110
3,850
1,474
163
1,627
4,106
40
51
556
640
41
1,099
-
3,912
2,654
104
3,522
159,175|**2022**
**2021**
**£**
**£**
93,424
97,549
7,900
7,200
3,000
1,125
500
1,049
2,898
733
252
-
1,370
15
267
36
115
150
23,500
13,000
2,110
1,848
3,850
3,712
1,474
654
163
486
1,627
1,154
4,106
27,780
40
45
51
-
556
54
640
-
41
96
1,099
104
-
6
3,912
2,860
2,654
2,521
104
123
3,522
2,978
159,175
165,278
**Total Unrestricted Funds**| |---|---|---| Page 21 ## **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 BUILDING FUNDS (RESTRICTED)** |**INCOMING RESOURCES**
Tithes
Offerings
Income Tax Recovered
Investment Income
**Total Incoming Resources**
**RESOURCES EXPENDED**
Bank Charges
Bank loan interest
Depreciation of Fixed Assets
Freehold property
Furniture, Fixtures & Equipment
**Total Expended Resources**
**NET INCOMING RESOURCES**
Net Transfers Between Funds
Balance at 1 April 2021
Balance at 31 March 2022|**Building**
**Fund**
**£**
1,200
-
300
1|**2022**
**2021**
**£**
**£**
1,200
1,275
-
75
300
269
1
2
1,501
1,621
-
300
5,735
7,292
11,007
11,007
445
452
17,187
19,051
~~-~~
(15,686)
(17,430)
16,770
17,780
317,280
316,930
318,364
317,280
**Total Building Funds**| |---|---|---| ||1,501
-
5,735
11,007
445|| ||17,187|| ||(15,686)
16,770
317,280|| ||318,364|| Page 22 ## **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022** ## **OTHER RESTRICTED FUNDS** |**INCOMING RESOURCES**
Offerings
Income Tax Recovered
Charities Aid Income
**Total Incoming Resources**
**RESOURCES EXPENDED**
Gifts Hardship & Other
**Total Expended Resources**
**NET INCOMING RESOURCES**
Net Transfers Between Funds
Balance at 1 April 2021
Balance at 31 March 2022|**Worship**
**Director**
**Fund**
**£**
-
-
-
-
-
-
-
-
-
-|**Gift**
**Mangement**
**Fund**
**£**
240
50
1,100
1,390
1,900
1,900
(510)
-
587
77|**2022**
**2021**
**£**
**£**
240
700
50
175
1,100
1,167
1,390
2,042
1,900
1,867
1,900
1,867
(510)
175
-
(499)
587
911
77
587
**Restricted Funds**
**Total Other**| |---|---|---|---| Page 23 ## **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 OTHER RESTRICTED FUNDS** |**INCOMING RESOURCES**
Tithes
Offerings
Income Tax Recovered
**Total Incoming Resources**
**RESOURCES EXPENDED**
Printing and Stationery
Baby Bank Supplies
Depreciation of Fixed Assets
Furniture, Fixtures & Equipment
**Total Expended Resources**
**NET INCOMING RESOURCES**
Net Transfers Between Funds
Balance at 1 April 2021
Balance at 31 March 2022|**Caraid**
**Bank Baby**
**Fund**
**£**
1,050
-
262
1,312
77
1,555
39
1,671
(359)
2,000
1,475
3,116|**Hardship**
**Fund**
**£**
-
1,100
150
1,250
-
-
-
-
1,250
-
4,266
5,516|**2022**
**2021**
**£**
**£**
1,050
100
1,100
4,274
412
1,000
2,562
5,374
77
1,555
-
39
-
1,671
-
891
5,374
2,000
367
5,741
-
8,632
5,741
**Restricted Funds**
**Total Other**| |---|---|---|---| Page 24