# **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022** # **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 Independent Examiners Report Page 8 Statement of Financial Activities Page 9 Balance Sheet Pages 10 to 15 Notes to the Financial Statements Independent Examiners Ltd Unit 2,The 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 2022** ## **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** _Kingsgate 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 2021 **END OF FINANCIAL YEAR** 31st March 2022 ## **TRUSTEES / DIRECTORS** The trustees serving during the year were as follows: - Tafadzwa Kativu Chair of Trustees - • Adam Bradley • Alison Hopley • Daniel Rust appointed 7.2.22 • Darren Cox • Patrick Evans • Julia Miller • David Kitto-Smith appointed 21.11.21 • Joshua Wilkes appointed 21.11.21 • David Park resigned 17.5.22 - **LEADERSHIP TEAM** - Adam Bradley, Darren Cox and Dan Jones ## **INDEPENDENT EXAMINER** - G W Schulz ACMA, Independent Examiners Ltd Unit 2, Broadbridge Business Centre, Delling Lane, Bosham, West Sussex, PO18 8NF ## **BANKERS** - Lloyds TSB, Hall Quay, Gt Yarmouth Lloyds TSB Bank Plc, PO Box 1000, BX1 1LT - 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 2022** The Trustees are pleased to present their report together with the financial statements of the Charity for the year ended 31 March 2022. 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 and activities within the church and they are all accountable to the Leadership Team. In addition, there is now a Deacon team which assists the Leadership team in ensuring the running of some ministry areas. 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 New frontiers 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 Covid-19 global pandemic had an impact on our ability to deliver most of the normal services and activities that we provide at the beginning of the year taking advice from our Covid Risk assessment team as we navigated what the new normal would be post pandemic. 3 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH) (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2022** ## **Summary (Continued)** In addition, the construction works in respect of the Third River Crossing directly surrounding the Kings Centre, has continued to negatively impact access to the Kings Centre which has impacted on the coffee shop and hirers. Whilst it is envisaged that the opening of the roundabout will make the Kings Centre more accessible, the construction work had a negative effect on the operation of normal activities. In addition, as part of the Third River Crossing construction project, the charity sold a small strip of land to the Norfolk County Council. ## _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. 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. ## _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. The charity raised money through a gift day to hire a part time youth worker who has been supporting the youth team and we renovated the building to create a dedicated space for youth within the building. The youth have now been able to meet twice a month during Sunday services as well as other activities outside of sundays. ## _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 opportunities offered - SMILE – Holiday teatime activity club for local families who are struggling - Craft Groups - relaunched daytime mid-week craft group for all abilities - Youth Activities - Lilies - delivering free pre-loved children's clothing to local families in need - Laundry facilities provided to help people without easy access to wash and dry clothes - Shower rooms for use by people without regular access to hot water or facilities - Kingsgate Hot Food Hub - Twice weekly Hot lunch delivery started due to the pandemic - Community coffee morning - for people to find a warm welcome and friendly company - Community Lunch – weekly low cost hot two course meal or free if on low income - Use of Centre 81 – community transport, to help people to access our activities 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 4 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH) (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2022** - Monthly Ministry breakfast meetings - Headway 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. ## **Grants Received** We have again been very grateful for the generous support received from grant funders and restricted donations over this year as we come out of the pandemic. 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 Covid-19 saw us change our community model from primarily engaging with people inside our building, to taking our support for those in need into the community and directly into people’s homes, helping people to feel less isolated, supported and cared for. As the year has progressed we have been able to have more flexibility in engaging with people back in the centre again as well as still offering some services to people's homes where this is beneficial. _We received the following grants for community focused activities:_ Joseph Rank Trust - Third year and final year of a 3-year grant to develop our community activities, this has been such vital core funding that has enabled us to pilot and develop activities for those in need in our local community. Funding via Norfolk Community Foundation from Great Yarmouth Community Investment Fund, Fuller Endowment Fund, Little Acorns and GYBC, enabled us to continue to deliver the Kingsgate Hot Food Hub, delivering hot lunches twice weekly directly to people's homes who were vulnerable, isolated, unable to cook well for themselves, had mobility issues or were struggling financially. The majority of people supported with these meals live on their own. Connecting Older People funding via the Norfolk Community Foundation helped us to launch and run the Wednesday coffee morning and community lunch, providing a warm welcome, friendly company and low cost community meal to benefit those who are lonely and isolated. It also helped to fund community transport to enable people to access the activities, who would not have done so otherwise. 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. Funding from Lovewell Blake enabled us to purchase IT to help deliver and develop our training, support and community activities. NCF Household Support Fund helped us to provide meals or shopping vouchers for 125 individual or family households in need. ## **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 COM14UNrrY CHURCH (GREAT YARMOUTH) (A COMPANY UMrrED BY GUARAKfEE) REPORT OF THE DIREcfoRS {COP4TINUED} FOR THE YEAR ENDED 31sr 14ARCH 2022 Ilubllc O•n•fft l of our objeLtives. alms ènd Wlr¥ibe5 are de*n&l to benefft the pubk We provlde Publlc sery1￿$. Care, Community Youth prograw. EducatTh and Traniry a5 byell as making gifs to tts)se in need both kncaly and In pla We pmvide one to cne supwt and merrtorfng v*then reqUI￿d as well as pr(*D￿rnJ fafflity and mmunlty S￿r[t. As a Chrisban church we spirlJJal weH-beiNJ at al time5. It Is wr Wicy thot an ow setvkAs ay progrnmmes are open accessI￿e to all and that those who aye vulnernble sfvAfrld not be exduded d art not disadvantaged by ¢yJr aCtMt￿s Fn any way. Plnandal 14att We finlsh&J thls knial yeor wlth a trtsl fund5 c* £866,862.cwp•eil to £834.184 kn the prevlous It k5 the po¢lcy of the charity to rnalntaln unrest￿￿ fijnds, whlch are the free re5er¥es of the thrity, at level that e4Uates to approximatety 3 months of unresrritted expendlture. At this level, the Trustees feel that they would be awe to 0)r￿nue the cunEnt adivibe5 of the thJAty Bi the evert of a ggrtfftart drop ITh inc(*ne. The Trustees are aware ot their resp)nsibilities fthting to protectm atyj s￿rity of fthihjrtn, yourwj people atKI adujts at The d)arity has In platr arn1 operate5 a Safeguatdirwj Pr4iry awerirvJ txxh adun5 and thildren In order to pwde the necessary 5afeguardlTrJ. Ml those eligible for DBS checks have these renewed every three years 6f they art worknThJ with Children or at Rlsk. There hove been t serious safeguarding incK1ents to rep Company law reju1￿ the director5 to prepa￿ fina￿la1 statern￿ fty eath financial year whth gNes a tnje and fair view of the state of affairs of the comparty and cl the wofft or 1055 of the comparry durir4J that Ferlfyj. In preparing those flnarwl Ststvr￿nts the direttors arE requlred to: 111 selett sui10t￿e aCcoun￿n9 poli(ie5 a￿* then apply them Cor5￿tenty. (11) rndke judgements and egtimates that a￿ rea5(x￿￿e ond pru¢Jer {1111 prepare finandal staternents on a going c(Ktyn bosis unless bt ts Inapprijpriate to presurre that the compally will contlnue In business. a¢xuracy ot any tSme the finonoal po*t6on of rhe uxnpany and to enable them to ensuTr thot the finanrial ststements coM￿Y with the C(Thpanies P£t 2C#J6. They are a￿0 responsible for safeguarding the assets of the company and h￿￿e for ts￿n9 reasonable steps for the prevention and det￿tR)n of fraud and other Irregularibes. In preparing thi5 repl￿ the dIrec￿S t*vÈ iaken •lvantage rf 4Jeaal wovlsoons of the fvnpan￿s 2006 relatlng to small compantts. l approve the attach&1 Statement crf flnandal ath¥th5 and b￿n￿ sheet the year •)ded 31st March Approved ty the L*reLtsr5 On... . Slgned on thelr beha￿ by ## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2022 which are set out on pages 8 to 15. ## **Respective responsibilities of Trustees and examiner** As the charity’s Trustees of Kingsgate Community Church (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having satisfied myself that the accounts of Kingsgate Community Church are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner’s statement** Since Kingsgate Community Church gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Chartered Institute of Management Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of Royal Docks Learning & Activity Centre as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities. 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. Date : 20 December 2022 Signed : G W Schulz ACMA 7 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** (A COMPANY LIMITED BY GUARANTEE) ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 31ST MARCH 2022** 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
2021/22
2020/21
£
£
£
£
172,554
50,073
222,627
193,255
0
0
0
0
76,246
0
76,246
57,054
1,762
0
1,762
5,302| |---|---| ||**250,562**
**50,073**
**300,635**
**255,611**| ||220,748
47,209
267,957
238,982| ||**220,748**
**47,209**
**267,957**
**238,982**| ||**29,814**
**2,864**
**32,678**
**16,629**
-600
600
0
0
821,053
13,131
834,184
817,555| ||**850,267**
**16,595**
**866,862**
**834,184**| 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 10 to 15 form part of these financial statements. 8 KINGSGATE COMMUNrrY CHURCH (GREAT YARMOUTH) (A COMPANY UMtfED BY GUARAPttEE) BALANCE SHEEr AS AT 31sr MARCH 2022 31-14•r 31-Mpr 2021 Totsl Funds Funds Tithl Tang(ble assets 741.096 0 741.096 766,490 Debtor5 Cash at bank arm1 In hand 22.168 22,168 3.469 113 976 16.595 130 571 96.30S 136.144 16,595 151739 99.774 within one year 1.140 1.140 1.080 NET CURRENT ￿ETs 135.004 16.595 151,599 98.694 876.100 1*595 891695 865.184 in motE than one year 25.833 25.833 31.000 NEf ASSETS 850,267 16,595 866,862 834.184 General Funds Designat&l Funds 827.406 0 827.406 806,042 22￿2 15,011 16.595 13,131 16.595 Totsi Fundg 850.267 16,595 866862 834184 Fcr the year eTNled 31st Marth 2022 the uxnpany was entit￿1 tri Èxtyhptvjn from audtt under settion 477121 of the Cixnpan*5 Act 2¢￿6 reLatiThJ to ￿￿11 (￿MpanI￿. The members ha¥e r#X wuired the coNyany to rtrtakn an alth In with secbon 476 of the Companie5 Act 21)06. the small uJrnpanie5' regiTh￿. Signèj on theAr behalf by # **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** (A COMPANY LIMITED BY GUARANTEE) # **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022** ## **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. 10 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022** ## **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-21|150,925|610,603|11,201|0|772,729| |Additions||0|0|1,140|0|1,140| |Disposals||-24,500|0|0|0|-24,500| |Cost at|31-Mar-22|126,425|610,603|12,341|0|749,369| |Depreciation|01-Apr-21|0|0|6,239|0|6,239| |Charge||0|0|2,034|0|2,034| |Disposals||0|0|0|0|0| |Depreciation at|31-Mar-22|0|0|8,273|0|8,273| |Net Book Value|31-Mar-22|**126,425**|**610,603**|**4,068**|**0**|**741,096**| |Net Book Value|31-Mar-21|150,925|610,603|4,962|0|766,490| 11 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** (A COMPANY LIMITED BY GUARANTEE) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2022** |**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
2021/22
2020/21
£
£
£
£
33,067
33,067
35,457
110,322
0
110,322
86,273
0
50,073
50,073
49,745
28,380
0
28,380
20,140
785
0
785
1,640| |---|---| ||**172,554**
**50,073**
**222,627**
**193,255**| ||| ||**0**
**0**
**0**
**0**| ||19,443
0
19,443
17,400
38,002
0
38,002
29,501
0
0
0
350
18,801
0
18,801
9,803| ||**76,246**
**0**
**76,246**
**57,054**| ||1,422
0
1,422
1,388
340
0
340
3,914| ||**1,762**
**0**
**1,762**
**5,302**| 12 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** (A COMPANY LIMITED BY GUARANTEE) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2022** |**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
20/20 Project|Unrestricted Restricted
TOTAL
TOTAL
Funds
Funds
2021/22
2020/21
£
£
£
£
596
0
596
50
1,328
0
1,328
0
8,458
778
9,236
6,934
-131
0
-131
2,769
6,376
0
6,376
2,837
4,804
0
4,804
4,351
3,590
0
3,590
1,290
124,640
30,591
155,231
132,593
12,901
13,043
25,944
17,711
69
0
69
6,500
802
0
802
281
2,258
0
2,258
84
2,034
0
2,034
1,895
90
0
90
0
643
0
643
8,097
0
0
0
8,649
16,746
0
16,746
2,273
2,940
0
2,940
605
7,152
0
7,152
5,626
160
0
160
180
2,145
0
2,145
3,880
2,764
0
2,764
339
0
0
0
1,141
3,600
0
3,600
3,600
3,600
0
3,600
3,600
1,008
0
1,008
1,065
84
0
84
140
0
2,797
2,797
21,412
1,140
0
1,140
1,080
10,950
0
10,950
0| |---|---| ||**220,748**
**47,209**
**267,957**
**238,982**| 13 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** (A COMPANY LIMITED BY GUARANTEE) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2022** |**5. FUNDS**
**Unrestricted Funds**
**Designated Funds**
20/20 Project
**Restricted Funds**
Craft Café
TLC, Yarmouth
Lilies
Joseph Rank Trust
ESF Inclusion Grant
COVID-19 Funds
Garden Project (Little Acorns)
Connecting Older People
NCF Lovewell Blake- IT
Smile
General Social Action
NCF Household Fund
GYBC Food & Extra Needs Fund
**Total Funds**
**6. CASH AT BANK AND IN HAND**
Barclays Current Account
Lloyds TSB Current Account
**7. DEBTORS AND PREPAYMENTS**
Tax Recoverable
Trade Debtors
Independent Examiners Fees
**8.**
**CREDITORS**
**AND**
**ACCRUALS:**
**FALLING DUE WITHIN ONE YEAR**|**Balance**
**Income**
**Transfers Expend-**
**Balance**
**1.4.21**
**iture**
**31.3.22**
806,042
231,761
-600
209,798
827,406
15,011
18,801
0
10,950
22,862
0
18
0
13
5
509
0
0
94
415
191
7
0
52
146
5,814
10,000
0
11,155
4,659
4,083
0
0
3,583
500
2,410
21,548
0
17,463
6,495
124
0
0
64
60
0
5,000
0
1,655
3,345
0
1,975
0
1,387
588
0
525
0
525
0
0
750
600
969
382
0
6,250
0
6,250
0
0
4,000
0
4,000
0|**Balance**
**Income**
**Transfers Expend-**
**Balance**
**1.4.21**
**iture**
**31.3.22**
806,042
231,761
-600
209,798
827,406
15,011
18,801
0
10,950
22,862
0
18
0
13
5
509
0
0
94
415
191
7
0
52
146
5,814
10,000
0
11,155
4,659
4,083
0
0
3,583
500
2,410
21,548
0
17,463
6,495
124
0
0
64
60
0
5,000
0
1,655
3,345
0
1,975
0
1,387
588
0
525
0
525
0
0
750
600
969
382
0
6,250
0
6,250
0
0
4,000
0
4,000
0| |---|---|---| ||13,131
50,073
600
47,209
16,595|| |||| ||**834,184**|**300,635**
**0**
**267,957**
**866,862**| ||**31-Mar**
**31-Mar**
Unrestricted Restricted
**2022**
**2021**
Fund
Fund
**Total**
**Total**
£
£
**£**
**£**
87,792
0
87,792
31,313
26,184
16,595
42,779
64,992
113,976
16,595
**130,571**
**96,305**
**31-Mar**
**31-Mar**
Unrestricted Restricted
**2022**
**2021**
Fund
Fund
**Total**
**Total**
£
£
**£**
**£**
19,270
0
19,270
2,341
2,898
0
2,898
1,128
22,168
0
**22,168**
**3,469**
**31-Mar**
**31-Mar**
Unrestricted Restricted
**2022**
**2021**
Fund
Fund
**Total**
**Total**
£
£
**£**
**£**
1,140
0
1,140
1,080
1,140
0
**1,140**
**1,080**
**AMOUNTS**|**31-Mar**
**31-Mar**
Unrestricted Restricted
**2022**
**2021**
Fund
Fund
**Total**
**Total**
£
£
**£**
**£**
87,792
0
87,792
31,313
26,184
16,595
42,779
64,992| |||113,976
16,595
**130,571**
**96,305**| |||**31-Mar**
**31-Mar**
Unrestricted Restricted
**2022**
**2021**
Fund
Fund
**Total**
**Total**
£
£
**£**
**£**
19,270
0
19,270
2,341
2,898
0
2,898
1,128| |||22,168
0
**22,168**
**3,469**| |||1,140
0
**1,140**
**1,080**| 14 ## **KINGSGATE COMMUNITY CHURCH (GREAT YARMOUTH)** (A COMPANY LIMITED BY GUARANTEE) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2022** |**9.**
**CREDITORS**
**AND**|**ACCRUALS:**|**AMOUNTS**|||**31-Mar**|**31-Mar**| |---|---|---|---|---|---|---| |**FALLING DUE IN MORE**|**THAN ONE YEAR**||Unrestricted|Restricted|**2022**|**2021**| ||||Fund|Fund|**Total**|**Total**| ||||£|£|**£**|**£**| |Lloyds Bounce Back Loan Repayment Plan|||25,833|0|**25,833**|**31,000**| |**10. STAFF COSTS AND NUMBERS**|||2021/22|2020/21||| ||||£|£||| |Gross Wages and Salaries|||140,017|119,400||| |Employer's National Insurance Costs|||12,409|10,075||| |Pension Contributions|||2,805|3,118||| ||||155,231|132,593||| Employees who were engaged in each of the following activities: |Activities in furtherance of organisation's objects
Management and administration
Full Time Equivalent Employees|2021/22
2020/21
TOTAL
TOTAL
5
5.7
4
1.3| |---|---| ||9
7| 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 £23,072 for her role as Community Manager and fundraiser (£22,400 - 2020/21). Mr Adam Bradley Trustee/Director received a gross salary of £40,769 (£39,581 - 2020/21) 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. 15