# **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021** # **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH) (A COMPANY LIMITED BY GUARANTEE)** **COMPANY NO. 04557109 CHARITY REG. NO. 1096694** Pages 2 to 6 Report of the Directors Page 7 Statement of Financial Activities Page 8 Balance Sheet Pages 9 to 14 Notes to the Financial Statements Page 15 Independent Examiners Report Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF 1 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** (A COMPANY LIMITED BY GUARANTEE) ## **REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31ST MARCH 2021** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **The charity changed its legal entity name on 18th July 2020 from Hope (Borough of Great Yarmouth) to Kingsgate Community Church (Great Yarmouth). The charity’s registration number and company numbers remain unchanged.** ## **CHARITY NUMBER** _Kinggate Community Church (Great Yarmouth)_ (registered charity number 1096694). The Charity commenced operations on the 1st April 2003. ## **COMPANY REGISTRATION NUMBER** _Kingsgate Community Church (Great Yarmouth)_ is a Company Limited by Guarantee Registered at Companies House, Registered Number 04557109 - Date of first registration 9th October 2002. On 1st April 2003 the Charity acquired the assets and liabilities of _‘ The Kings Church Gorleston ’_ (registered Charity number 1044607) a Charity established by Deed of Trust dated 1995. Each Trustee/ Director of the Charity, to contribute an amount not exceeding £10 if the Charity is wound up. **REGISTERED ADDRESS** The Kings Centre, 30 Queen Anne's Road Southtown, Gt Yarmouth, NR31 0LE **START OF FINANCIAL YEAR** 1st April 2020 **END OF FINANCIAL YEAR** 31st March 2021 ## **TRUSTEES / DIRECTORS** The trustees serving during the year were as follows:  Adam Bradley Chair of Trustees (Until 07/01/2021)  Tafadzwa Kativu Chair of Trustees (Appointed 07/01/2021) - Alison Hopley - David Park - Darren Cox  Patrick Evans  Julia Miller ## **LEADERSHIP TEAM** - Adam Bradley, Darren Cox and Dan Jones ## **INDEPENDENT EXAMINER** Mr P B Robinson MAAT FCIE, Independent Examiners Ltd 2 Broadbridge Business Centre, Delling Lane, Bosham, West Sussex, PO18 8NF ## **BANKERS** 1). Lloyds TSB, Hall Quay, Gt Yarmouth Lloyds TSB Bank Plc, PO Box 1000, BX1 1LT 2). Barclays Bank Plc Barclays Business Centre, 15 Hall Quay, Gt Yarmouth, NR30 1HL 2 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH) (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2021** The trustees are pleased to present their report together with the financial statements of the Charity for the year ended 31 March 2021. Reference and administrative details included above form part of this report. ## **Structure, Governance and Management** ## **Constitution** The Charity is governed by Articles and Memorandum of Association dated 17th September 2002. ## **Organisational structure** The Leadership Team provides spiritual leadership and direction. They also take pastoral responsibility for the members of the church. There are separate teams that are responsible for various ministries within the church and they are all accountable to the Leadership Team. The Trustees oversee the government of the charity, in terms of financial and administrative responsibility. The charity owns and runs the Kings Centre in Great Yarmouth which is well used by the local community and is also home for Kingsgate Community Church Great Yarmouth which is run by the charity and is part of the Relational Mission family of Churches in Newfrontiers and is a member of the Evangelical Alliance. ## **Trustee appointment** New Trustees are appointed by the existing trustees in accordance with the Articles. The Articles state that there shall not be less than three trustees; there is no maximum. ## **Objectives and Activities** ## **Objects** The principal object of the Charity is to advance the Christian religion to proclaim and further the gospel of God and His Son the Lord Jesus Christ and to preach and teach the Christian faith. To provide building facilities for use by both the Church and the local community. ## **Activities** In planning and undertaking activity the trustees have had due regard to the guidance on public benefit issued by the Charity Commission. The following is a summary of the main activities undertaken by the church in relation to its objects: ## **Summary** The whole of this financial year has been dominated by navigating our way through the changing regulations imposed in relation to the Covid-19 global pandemic. This significantly impacted our ability to deliver most of the normal services and activities that we provide, whilst at the same time provided new opportunities to develop alternative approaches. We set up a Covid Risk assessment team which met at least once a month to review regulations ensuring that the charity was fully compliant with the guidance which was issued by the government. 3 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH) (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2021** ## **Summary (Continued)** Early 2021 saw the commencement of construction works in respect of the Third River Crossing directly surrounding the Kings Centre, which has resulted in diversions of access to the Centre expected to be ongoing until Spring 2023. ## _Sunday morning meetings_ These are a key tool for our mission as a church and during lockdowns, we moved these meetings online via a YouTube live link with an opportunity for a virtual coffee and chat after. This was a challenge for some members of our church family and some technical support was offered to help people to access our online meetings. We have carried on our online streaming of services on our YouTube channel now that we are able to meet in person again, helping people to stay connected even if they are unable to get to the centre for any reason. ## _Midweek Groups_ Each month a variety of midweek groups take place for the purposes of friendship, bible study, worship, prayer, developing personal faith and outreach activities. These were moved online during the year when the Covid 19 restrictions prevented meeting in person. ## _Children and youth programmes_ Sunday morning and midweek groups for children of all ages happen, that involve a wide variety of activities, teaching, games and crafts alongside opportunities to explore Christian issues. Again, these were moved online to ensure that children and youth still had opportunities to learn and interact as best as they could. Unfortunately, usual annual events such as Newday and Epic were cancelled due to the pandemic. ## _Community activities_ It is our desire to make the Kings Centre premises available for community activities arranged by the Church and others in the community, and also for hire by external organisations for their own purposes. All activities have to comply with the Church Ethos. The Church has continued to organise events to serve the wider community as listed below. This enables the Church to build relationships and trust with a wide cross section from the local community in a relaxed and informal setting. Activities arranged by ourselves include: - Catering and Hospitality - Training and volunteering - where possible - The Table – low-cost weekly community lunch – held when possible - SMILE – Holiday teatime activity club for local families in need (delivered at home) - Craft Groups - daytime and evenings and some Saturday family craft events - Youth Activities - Lilies - pre-loved children's clothing - Laundry room created to help people in need in the community - Kingsgate Hot Food Hub - started due to the pandemic - Kitchen garden Activities arranged by other groups in the community when they could meet inside included: - Exercise and Slimming Classes - HNS Blood Donors - Diabetes support with the Desmond course - Monthly Ministry breakfast meetings Other users include local Schools and Colleges, Borough and County Councils and the local NHS. The majority of the users of the building can be described as ‘Public Benefit’ users. 4 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH) (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2021** **Grants Received** - Grants Received for community focused activities We have again been very grateful for the generous support received from grant funders and restricted donations over this highly unusual year of Covid. These have enabled us to make a positive difference to the lives of many people living in need in our local community, who have benefitted from the extra support we have been able to provide. ## We received the following grants: Joseph Rank Trust - £10,000. Second year of a 3-year grant to develop our community activities, this is such vital core funding that has helped us to keep making a difference by meeting needs in our community even though we were unable to gather people at the Centre. The funding that we had carried forward from the previous year in relation to the NCF Birketts Fund was very valuable in helping us to support vulnerable families through the lockdown. In response to the sudden reduction in the provision of free hot meals available across the borough due to lockdowns, the Kingsgate kitchen started the Hot Food Hub at the end of March 2020, with the aim of producing and delivering hot lunches to the foodbanks to distribute to those using their services. A total of £31,600 in grants and donations were received (Grants being awarded from: the Martin Lewis Coronavirus fund, the Norfolk Community Foundation Local and Winter Resilience Funds and Fuller Endowment Fund) to enable us to produce a total of 12,000 hot meals, between End March 2020 and Easter 2021. These meals benefited people in need in our community via the two Gorleston foodbanks, Pathways Café in Great Yarmouth and from Jan – Easter 21 were delivered directly into people’s homes across the borough, via referrals from agencies and charities. This work will continue to support people in urgent need in the 2021-22 year ahead. Covid-19 also saw us re-working our family support, creating SMILE at Home, bringing hot food and fun directly to the homes of the families we are supporting. Lilies, our free pre-loved children’s clothing project, started in February 2021 and is gradually building momentum. We had to take a step back from training and work experience in the Kitchen, Coffee Shop and Kitchen Garden for most of the year but all are expected to resume these activities during 21-22, alongside our coffee morning, craft group and community lunch with renewed vision, focus and expanded teams. ## **Affiliations** Kingsgate Community Church Gt Yarmouth is affiliated to the Relational Mission family of churches under the world-wide banner of Newfrontiers. Excellent relationships are maintained with other Relational Mission churches and leaders across the UK and beyond, with members attending regional, national and international events such as The Gathering, Enough Prayer nights, Leadership conferences and local cluster events. 5 KINGSGATE COMMUNrrY CHURCH (GREAT YARMOUTH) (A COMPANY LIMrrED BY GUARANTEE) REPORT OF THE DIRECTORS (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2021 Publk ￿Trefft All of our objectives. alms atbvths are de5igneJ to benefft the public We provide Public serv1￿. Care. Communty and Youth programs. Education Trdinino as well as making gifts to those in need both locally and in other places. We provrde one to one sukwort and mentoring when required as well as promoting family values and community splrit. As a Chdstfan church we promote spiritrjal wdl-betng at all tomes. It Trs our PDficy that all our seryices and progrdmmts are open and accessit￿e to all that who a￿ vulnernble should not be exduded and a￿ not disadvantaged by our acti¥ibes in any way. Hnan¢lal Matters After the application of deprectation for equipment the CtynpanV5 profft before tax wa5 É16.629, Increasing total funds from £817,555 to £834.184. It is the polrcy of the charity to maintsln unrestricted funds. whTth a￿ the free reserves of the cha¥fjty, at a level that eqvate5 to approximately 3 months of unrestricted expendthre. At this level. the Trustees feel that they would be able to continue the Current attivtba5 of the charity In the event of a significant drop in income. S•fe9uarding Policy The Trustees are aware of their responsiblllties reJatir)g to protection and seojrtty of Children, young people and adults at risk. The tharlty has in pLKe ènd operates a Safeguardlng Policy covering both adults and children in order to provrde the necessary safeguarding. tht)5e e169ible for D8S checks have these renewed every three year5 if they a￿ working T•Yrih thildren or Adults at Résk. There have t*en Th) serious safeguarding inadents to report. CoFnpany law requires the dlrectors to prepare financial ststements for each financial year which gives a true and fair view of the state of affair5 of the company and of the profit or loss of the company during that pericKI. In preparing those finandal ststements the dirertots are required to: (i) selett su4table actounty.ng policies and then aP￿Y them consistenuy. (il) make Judgements and estimates that a￿ reasonable and prudent, {1111 prepa￿ financial statements on a golng (Drmn basis unless Èt is inappropdate to p￿Urne that the company wlll ¢orrttnue in busirw. The dirEctors are responsible for keeping pn)per accounting reccyds which disck)se with reasonable accuracy at any time the finanoal positton of the comparby and to enable them to ensure that the financial ststements comply wlth the Companies Art 2006. They are also responslble for safeguardlng the assets of the company and hence for taking rea%)nable steps for the preventlon and detectlon of fraud and other Irregularities. In preparing this report the directors have taken advantage of s￿la1 provtsions of the Companies Act 2006 rdalJTrJ to small companies. l approve the attached statemert of financial actFvities and balan￿ sheet for the year ended 31st March 2021, and confirm that I have made available all informatfjon r￿ssary for tts t*eparation. Approved by the Dlrettors on .......... Slgned on thelr behalf by T Kativu (Chairperson) ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** (A COMPANY LIMITED BY GUARANTEE) ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2021** Incorporating income and expenditure account |Notes
Donations and Legacies
3a
Investments
3b
Charitable Activities
3c
Other Income
3d
**TOTAL INCOME**
**EXPENDITURE ON:**
Charitable Activities
4
**TOTAL EXPENDITURE**
**NET INCOME/ (EXPENDITURE)**
Transfers
5
Total Funds Brought Forward
**TOTAL FUNDS CARRIED FORWARD**
**INCOME**
**&**
**ENDOWMENTS**
**FROM:**|Unrestricted Restricted
TOTAL
TOTAL
Funds
Funds
2021/20
2020/19
£
£
£
£
143,510
49,745
193,255
205,334
0
0
0
0
57,054
0
57,054
120,461
5,302
0
5,302
1,230
**205,866**
**49,745**
**255,611**
**327,025**
179,574
59,408
238,982
316,688
**179,574**
**59,408**
**238,982**
**316,688**
**26,292**
**-9,663**
**16,629**
**10,337**
0
0
0
0
794,761
22,794
817,555
807,218
**821,053**
**13,131**
**834,184**
**817,555**| |---|---| 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 9 to 14 form part of these financial statements. 7 KINGSGATE COMMUNrrY CHURCH (GREAT YARMOUTH) (A COMPANY LIMtrED BY GUAIiANTEE) BALANCE SHEET AS AT 31ST MARCH 2021 31*r 3A￿ar Unrpstricted RÈ%tricted 2021 2020 Funds Funds Totsl Totsi Tangible assets 766.490 0 766.490 764,245 Debtot5 Cash at bank and In hand Total Current Assets Credltor5: amounts faHirvJ due wlthin one year 3,469 3.469 8,875 83,174 13.131 96,305 48,215 86643 13,131 99774 57,090 1.080 1.080 3.780 NET CURREirf ASSEfS 85.563 13.131 98.694 53.310 852.053 13.131 865.184 817.555 Cr•ditors: wnoL#ts 181iThJ due irt more than one year 31.fxKI 31,000 821.053 13.131 834,184 817.555 Funds of th• Charity General Funds Designat￿ Funds Restricted Funds 806,042 15.011 0 806.042 782,870 15,011 11.891 13.131 22,794 13,131 Totsl Funds 821.053 13.1 1 834.1 17.555 For the year ended 31st Marth 2021 the company vdas enttUed to exemption from audit under section 47712) of the Companies Act 2006 relating to small cornpan￿. The members have not requlred the c(Knpany to ¢)ltsin an audit in accordan￿ with section 476 of the Companies Att 2006. The directors ad(nowledge theÉr responsibility for complying wtth the requirements of the Companies Art 2006 with respect to a(rounting records and for the preparation of accounts. These accounts have been preparE(J in accordance with the provlsions applicable to companies subjert to the small oynpanies, regime. Approved by the Direttors on ........... .. arKI Slgned on thelr behalf by ., T Kativu {Chairper50n) ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** (A COMPANY LIMITED BY GUARANTEE) ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021** ## **1. ACCOUNTING POLICIES** ## **Incoming Resources** ## _Recognition of Incoming Resources_ These are included in the Statement of Financial Activities (SOFA) when: ▪ the charity becomes entitled to the resources; ▪ the Directors are virtually certain they will receive the resources; and ▪ the monetary value can be measured with sufficient reliability ## _Incoming Resources with related expenditure_ Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA. ## _Grants and Donations_ Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources. ## _Tax reclaims on Donations and Gifts_ Incoming resources from tax reclaims are included in the SOFA in the same financial period as the gift to which they relate. ## _Contractual Income and Performance Related Grants_ This is only included in the SOFA once the related goods or services has been delivered. ## _Gifts in Kind_ Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable. ## _Donated Services and Facilities_ These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received. ## _Volunteer Help_ The value of any voluntary help received is not included in the accounts but is described in the Directors' annual report. ## _Investment Income_ This is included in the accounts when receivable. ## _Investment gains and losses_ This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. ## **Expenditure and liabilities** ## _Liability recognition_ Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. ## _Governance Costs_ Include costs of the preparation and examination of statutory accounts, the costs of the Directors' meetings and cost of any legal advice to Directors on governance or constitutional matters. 9 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** (A COMPANY LIMITED BY GUARANTEE) ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021** ## **1. ACCOUNTING POLICIES (Continued)** ## **Expenditure and liabilities (continued)** ## _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. ## _Changes in Accounting policies and previous accounts_ There has been no change to the accounting policies (variation rules and methods of accounting) since last year. ## _Grants payable without performance conditions_ These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity. ## **Assets** Tangible fixed assets for use by the charity: These are capitalised if they can be used for more than one year and are valued at cost or if gifted at the value to the charity on receipt. Small items of equipment are written off on purchase. Depreciation is only provided on Equipment and Fixture & Fitting at rates calculated to write off the cost of each asset over its estimated useful life at a rate of 33.33% reducing balance policy. ## **Basis of preparation:** The financial statements are prepared on the historical cost basis convention (as modified to include the revaluation of investments) in accordance with the Charities Act 2011, "Accounting and Reporting by Charities" (SORP 2015), applicable accounting standards and the Companies Act 2006. The accounts have been prepared on a going concern basis. The charity meets the definition of a public benefit entity under FRS 102. The Charity has claimed exemptions available in Section 1a of FRS 102 not to prepare a cash flow statement since it is a small charity. |**2. TANGIBLE FIXED ASSETS**|||Building|Equip-|Fixtures &|| |---|---|---|---|---|---|---| |||Land|Dev.|ment|Fittings|Total| |||£|£|£|£|£| |Cost|01-Apr-20|150,925|610,603|7,061|0|768,589| |Additions||0|0|4,140|0|4,140| |Disposals||0|0|0|0|0| |Cost at|31-Mar-21|150,925|610,603|11,201|0|772,729| |Depreciation|01-Apr-20|0|0|4,344|0|4,344| |Charge||0|0|1,895|0|1,895| |Disposals||0|0|0|0|0| |Depreciation at|31-Mar-21|0|0|6,239|0|6,239| |Net Book Value|31-Mar-21|**150,925**|**610,603**|**4,962**|**0**|**766,490**| |Net Book Value|31-Mar-20|150,925|610,603|2,717|0|764,245| 10 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** (A COMPANY LIMITED BY GUARANTEE) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021** |**3. INCOME AND ENDOWMENTS FROM:**
Notes
**a) Donations and Legacies**
Offerings
Gift Aid Giving
Grants Received
5
Income Tax Recoverable
Other Gifts
**b) Investments**
Bank Interest
**c) Charitable Activities**
Café
Room Hire
Equipment Hire
20/20 Project (Designated Fund)
5
**d) Other Income**
Solar Feed Rebates
Miscellaneous Income|Unrestricted Restricted
TOTAL
TOTAL
Funds
Funds
2021/20
2020/19
£
£
£
£
35,457
35,457
70,914
86,273
86,273
78,313
49,745
49,745
26,350
20,140
20,140
22,790
1,640
1,640
6,967
**143,510**
**49,745**
**193,255**
**205,334**
**0**
**0**
**0**
**0**
17,400
17,400
45,930
29,501
29,501
55,626
350
350
3,367
9,803
9,803
15,538
**57,054**
**0**
**57,054**
**120,461**
1,388
1,388
1,230
3,914
3,914
0
**5,302**
**0**
**5,302**
**1,230**| |---|---| 11 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** ## (A COMPANY LIMITED BY GUARANTEE) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021** |**4. EXPENDITURE ON**
Notes
**Charitable Activities**
Advertising and Public Relations
Evangelism & Pastoral Care
Running Costs
Energy
Water Charges
Cleaning & Waste Disposal
Insurance
Ministry Costs
Employment Costs
5&10
Coffee Shop Consumables & Supplies
Equipment Maintenance
Teaching
Bank Charges
Depreciation
Travelling Expenses
Property
Audio Visual
5
Lift
5
Maintenance
Youth & Children's Work
Administration
Web Site & Email
Telephone and Broadband
Events Expenditure
Professional & Consultancy Fees
Tithe Expenditure
RM
Social Action
Overseas Mission
Miscellaneous & Bad Debts written off
General Social Action
5
Independent Examiner's Fee & Filing costs
Transfers
Loss on Revaluation of Assets|Unrestricted Restricted
TOTAL
TOTAL
Funds
Funds
2021/20
2020/19
£
£
£
£
50
50
1,000
0
148
6,934
6,934
13,337
2,769
2,769
1,712
2,837
2,837
6,475
4,351
4,351
4,999
1,290
1,290
649
101,523
31,070
132,593
167,015
17,711
17,711
46,480
6,500
6,500
2,904
281
281
2,045
84
84
103
1,895
1,895
2,232
0
917
7,120
977
8,097
0
2,700
5,949
8,649
24,561
2,273
2,273
4,730
605
605
2,503
5,626
5,626
10,655
180
180
415
3,880
3,880
2,233
339
339
1,962
1,141
1,141
900
3,600
3,600
3,193
3,600
3,600
2,112
1,065
1,065
3,638
140
140
212
21,412
21,412
0
1,080
1,080
900
0
8,217
0
441
**179,574**
**59,408**
**238,982**
**316,688**| |---|---| 12 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** ## (A COMPANY LIMITED BY GUARANTEE) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021** |**5. FUNDS**
**Unrestricted Funds**
**Designated Funds**
20/20 Project
**Restricted Funds**
Multimedia Project
TLC, Yarmouth
Lilies
Gift Day (Lift Fund)
Joseph Rank Trust
Family Support
ESF Inclusion Grant
COVID-19 Funds
Garden Project (Little Acorns)
**Total Funds**
**6. CASH AT BANK AND IN HAND**
Barclays Current Account
Lloyds TSB Current Account
**7. DEBTORS AND PREPAYMENTS**
Tax Recoverable
Trade Debtors
Accruals
Independent Examiners Fees
**8.**
**CREDITORS**
**AND**
**ACCRUALS:**
**FALLING DUE WITHIN ONE YEAR**|Balance
Income
Transfers
Expend-
Balance
01-Apr
iture
31-Mar
2020
2021
782,870
196,063
0
172,891
806,042
11,891
9,803
0
6,683
15,011
977
0
0
977
0
509
0
0
0
509
280
0
0
89
191
5,949
0
0
5,949
0
2,338
10,000
0
6,524
5,814
4,640
0
0
4,640
0
5,936
0
0
1,853
4,083
2,000
39,745
0
39,335
2,410
165
0
0
41
124
22,794
49,745
0
59,408
13,131
**817,555**
**255,611**
**0**
**238,982**
**834,184**
**31-Mar**
**31-Mar**
Unrestricted Restricted
**2021**
**2020**
Fund
Fund
**Total**
**Total**
£
£
**£**
**£**
31,313
0
31,313
9,528
51,861
13,131
64,992
38,687
83,174
13,131
**96,305**
**48,215**
**31-Mar**
**31-Mar**
Unrestricted Restricted
**2021**
**2020**
Fund
Fund
**Total**
**Total**
£
£
**£**
**£**
2,341
0
2,341
2,053
1,128
0
1,128
6,822
3,469
0
**3,469**
**8,875**
**31-Mar**
**31-Mar**
Unrestricted Restricted
**2021**
**2020**
Fund
Fund
**Total**
**Total**
£
£
**£**
**£**
0
0
0
2,880
1,080
0
1,080
900
1,080
0
**1,080**
**3,780**
**AMOUNTS**| |---|---| 13 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** (A COMPANY LIMITED BY GUARANTEE) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021** |**9.**
**CREDITORS**
**AND**|**ACCRUALS:**|**AMOUNTS**|||**31-Mar**|**31-Mar**| |---|---|---|---|---|---|---| |**FALLING DUE IN MORE THAN ONE YEAR**|||Unrestricted|Restricted|**2021**|**2020**| ||||Fund|Fund|**Total**|**Total**| ||||£|£|**£**|**£**| |Lloyds Bounce Back Loan Repayment Plan|||31,000|0|**31,000**|**0**| |**10. STAFF COSTS AND NUMBERS**|||2021/20|2020/19||| |Gross Wages and Salaries|||£
142,670|£
145,456||| |Employer's National Insurance Costs|||10,075|11,219||| |Pension Contributions|||6,118|7,588||| |Less Employer's Allowance|||-3,000|-3,000||| |Other Staff Costs||||5,752||| |Less Furlough Payments|||-36,210|||| ||||119,653|167,015||| Employees who were engaged in each of the following activities: |Activities in furtherance of organisation's objects
Management and administration
Full Time Equivalent Employees|2021/20
2020/19
TOTAL
TOTAL
5.7
4.7
1.3
1.3
7
6| |---|---| The majority of staff work part-time. No employee received emoluments in excess of £60,000. Staff are paid through the PAYE system. ## **11. DIRECTORS AND OTHER RELATED PARTIES** Mrs Julia Miller, a Trustee/Director received fees of £22,400 for her role as Community Manager and fundraiser (£18,780 - 2019-20). Mr Adam Bradley Trustee/Director received a gross salary of £39,581 (£39,581 - 2019-20) solely for his role as Church Leader. No other payments were made to Directors or any persons connected with them during this financial period. No material transaction took place between the organisation and a Director or any person connected with them. ## **12. 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. ## **13. 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. 14 ## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** Report to the directors/ members of Kingsgate Community Church (Great Yarmouth) on the accounts for the year ending 31st March 2021 set out on pages 7 to 14. ## **Respective responsibilities of trustees and examiner** The charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year (under section 144) of the Charities Act 2011 (the Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for an independent examination, it is my responsibility to: - examine the accounts (under section 145 of the Act); - to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act, as amended), and - to state whether particular matters have come to my attention. ## **Basis of independent examiner's statement** My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the organisation and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In the course of my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in, any material respect, the trustees requirements: - to keep accounting records in accordance with section 386 of the Companies Act 2006; and - to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of recommended Practice: Accounting and Reporting by Charities. have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. P B Robinson MAAT FCIE Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham PO18 8NF Date: 21st December 2021 15