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2022-12-31-accounts

Catford Community Church

Report and Accounts Year ended 31 December 2022

Neil Atherton Accountancy Services Limited

CATFORD COMMUNITY CHURCH

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2022

Trustees

Margaret George (Chair) Nicole Adamides

Stuart Checkley (resigned 29[th] June 2023) Malcolm Holman (appointed 29[th] June 2023) Elizabeth Maxted (appointed 18th June 2023) Andrew Wilson (resigned 29[th] June 2023) Philip Wood (appointed 29[th] June 2023)

Key Staff

Ian Butcher

Governing Document

Memorandum & Articles of Association dated 10 February 2004

Company Registration Number

05039733

Charity Registration Number 1103390 Principal Address

The Point, 401 Lewisham High Street, London SE13 6NZ

Registered Office

Here for Good 17 Sydenham Road, Sydenham SE26 5EX

Independent Examiner

Neil Atherton (ACMA, CGMA) Neil Atherton Accountancy Services Limited Rosemount, Garden Close Lane, Newbury RG14 6PR

Bankers

HSBC 149 Rushey Green Catford, London SE6 4BQ

Contents Page
Company Information 1
Trustees' Annual Report 2-6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Accounts 10-17
Detailed Statement of Financial Activities with Comparatives 18

1

CATFORD COMMUNITY CHURCH A charity (1103390) and a company (05039733) limited by guarantee

TRUSTEES' REPORT for the year ended 31 December 2022

The Trustees present their annual report together with the Financial Statements of the company for the 1 January 2022 to 31 December 2022. The Trustees confirm that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) as amended by Update Bulletin 1 (effective 1 January 2015).

Since the company qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not required.

OBJECTIVES AND ACTIVITIES

a. Policies and objectives

The principal object of the charity is to promote and advance the Christian Faith throughout the world generally including the worship of God, the introduction and edification of Christians, the care and the Christian instruction of young people and children and the evangelisation of non-Christians.

b. Activities for achieving objectives and to further the charity's purpose of Public Benefit

The principal activities of the charity include the provision of religious services and public community events that are open to all.

Our Sunday services continued at St. Luke’s, Downham, throughout 2022, although we were pleased to relocate to The Point in Catford from July 2023. This allowed us to return to meeting on Sunday mornings and to be closer to the centre of Catford.

Public community events mostly take place at the Point. These activities are open to all and include English classes which are especially for refugees, a toddler group known as PlayPoint for local residents, and a walk-in session called Connection Point which provides cake and conversation to passers-by including those in obvious need. There is also a knitting group for local residents. When the church is not using The Point, it is let to other local groups whose activities are of similar public benefit; these include refugee groups and health-focused groups as well as activities for young people.

Pastoral support is offered on an individual basis to church members, and through small groups that meet in members houses or online.

Two households in the church foster and adopt vulnerable children, including the leader of the church, and we are registered as a Home for Good partner church.

In the above paragraphs the Trustees have paid regard to guidance issued by the Charity Commission on public benefit, in deciding what activities the charity should undertake and, in particular, the special guidance for those charities that have been set up for the advancement of religion.

2

ACHIEVEMENTS AND PERFORMANCE

a. Key financial performance indicators

At the end of 2022 total funds were £65,298, compared to £55,655, at the end of 2021.

During the year income fell marginally by £650, to £81,481 (2021: £82,131), whilst expenditure increased slightly by £869 to £71,808 (2021: £70,939). As a result, the surplus for the year was £9,673 (2021: £11,192) and the charity's net assets increased by this amount to £65,298.

Whilst income remained constant, including regular giving, key changes were the reduction in income from charitable activities (falling from £7,734 to £52 due to no church retreat in 2022) being offset by an increase in rental income at The Point from £2,120 to £9,431 as a result of no Covid impact on activities in 2022.

With expenditure, key movements were the increase in venue hire at St Luke’s Downham and associated costs of servicing at The Point (from £22,685 in 2021 to £34,200 in 2022) to support the increased rental activity, offset by the reduction in church activity costs from £10,207 in 2021 to £843 in 2022 from no church retreat taking place in 2022.

b. Review of activities

Community services. The English classes, the walk-in community outreach (Connection Point) and toddler group (Playpoint) continued to meet regularly at The Point throughout the year. The knitting group returned to meeting in person. Other community services were provided by local groups who hire The Point on a sessional basis; the number of groups providing services grew throughout the year.

Sunday afternoon services were held at St Lukes Church, Downham, throughout the year. No suitable venue in Catford became available, including our previous venue, despite efforts to locate a suitable location for Sunday mornings.

House groups continued to meet online with one reverting to in-person meeting, as did the weekly prayer meeting. Monthly men’s and women’s breakfasts continued through the year.

Overseas workers

Greg and Sophie Sangwine expressed an interest in returning to Zimbabwe where they had previously set up a school. The congregation encouraged and supported them in prayer as they considered options.

We continue to support the iNet Trust which supports overseas workers from the Transform Network of churches of which we are part. Members of the church contributed to the annual conference for overseas workers.

Leadership of the church

Ian Butcher leads the church with a team of five others, who are appointed in conjunction with the church membership.

Ian has been in post for 8 years and took 3 months of sabbatical leave in spring 2022 and used much of that time to complete the dissertation for his MA. Ian completed his MA in Contemporary Missiology, being awarded a distinction.

The church provides Ian with a pension under the Government’s Automatic Enrolment scheme.

Links with other churches. We value our ongoing local relationships with Transform Network, a network of local churches mainly in Lewisham Borough. We are also a member of a wider network of churches which support overseas workers. We are also members of the Lewisham Inter-Faith Forum which promotes local community.

Rental of The Point . The Point is a small shop front space on Lewisham High Street from which most of our community services are given. The space we use is fit for purpose but the building as a whole is in a poor state of repair. The lease will need to be renewed or terminated 6 months before August 25th 2024.

3

FINANCIAL REVIEW

a. Going concern.

After making appropriate enquiries, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the immediate future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.

b. Investment policy and performance

The company does not invest monies in shares but places surplus funds in deposit or money market accounts to earn interest prior to its being withdrawn for use within the company's activities.

STRUCTURE, GOVERNANCE AND MANAGEMENT

a. Constitution

The company is a charitable company limited by guarantee and was set up by a Memorandum of Association on 10 February 2004. During July 2012, a constitution was adopted, with a view to making church leadership more transparent. The company is constituted under a Memorandum of Association dated 10 February 2004 and is a registered charity number 1103390.

b. Method of appointment or election of Trustees

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the governing document being the Articles of Association.

The minimum number of members of the Board of Directors shall be three. At _each annual general meeting one third of the Board shall retire, those who retire will have held the office of Trustee the longest.

c. Organisational structure and decision making

The Board meets regularly to discuss the Company’s affairs. The Board will, on occasions, ask various people to attend the meetings to discuss certain aspects of the charity requiring specialist knowledge. The church leader attends all meetings of the Board.

d. Risk management

The Trustees continue to assess the major risks to which the Charity is exposed, in particular those related to the operations and finances of the church, and are satisfied that systems and procedures are in place at present t o mitigate our exposure to the major risks as best they are able to. One significant risk arises from the poor state of the building in which The Point is located and the Charities’ responsibility for a share of any repair costs. For this reason, we negotiated a reduction of our contribution to repair costs in the current lease.

Another risk that we have previously identified arises from the fact that a large proportion of our giving comes from a small group of households. Over the last few years we have seen a reduction in our regular membership. We increased our efforts to lease The Point to users whose activities meet our charitable objectives, and by the end of 2022 we increased our income from such subletting by £7,300 pa. The relocation of our Sunday services to The Point has reduced our property rental outgoing.

We keep a relatively large financial reserve of at least £40,000 in view of the above risks. At the moment the charity holds reserves of £65,299.

PLANS FOR FUTURE PERIODS

a. Future developments

The church leader informed the Trustees in May 2023 of his intention to stand down and this will be effective 1[st] October 2023. In the short-term, the charity plans to continue all of its core activities and has the resources to do so for the immediate future. Alongside this, the Trustees and remaining leaders are in conversation with another local church about partnering for the future.

The Point

The charity will continue to hold language classes for refugees, the play group for young children, the

4

walk-in morning for any local resident and the knitting group.

The charity will continue to let the Point for activities that are compatible with its charitable objectives. These include homework classes for immigrant groups, groups run by the Refugee Council and healthfocused organisations.

The current lease on The Point expires in August 2024, we aim to make a decision on renewal by February 2024 in the light of the discussions mentioned above.

Way Maker School Harare

Greg and Sophie Sangwine returned to Zimbabwe in April 2023, where they have set up a new school specifically catering for those who struggle to access mainstream education. The church is supporting them pastorally and financially.

EMPLOYEE INVOLVEMENT AND EMPLOYMENT OF THE DISABLED

Employees have been consulted on issues of concern to them and have been kept informed on specific issues directly by the Trustees. The company carries out exit interviews for all staff leaving the organisation and had adopted a procedure of upward feedback for senior management and the Trustees. The Company has reviewed its Health and Safety Policy and Child Protection Policy. Full details of these are available at the company’s offices.

The company has introduced an Equal Opportunities policy as well as a Volunteer’s policy. The company has long established fair employment practices in the recruitment, retention and training of disabled staff.

5

RESPONSIBILITIES OF TRUSTEES UNDER COMPANY LAW

The Trustees are responsible for preparing the Trustees' annual 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 the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the Trustees are required to:

  1. select suitable accounting policies and apply them consistently;

  2. observe the methods and principles in the Charities SORP;

  3. make judgements and estimates that are reasonable and prudent;

  4. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

  5. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping proper 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.

APPROVAL

This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the Trustees and signed on their behalf by:

Philip Wood

Trustee Date: 27th September 2023

6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

CATFORD COMMUNITY CHURCH

('the Company')

I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 December 2022 on pages 8 to 18 following, which have been prepared on the basis of the accounting policies set out on pages 10 to 11.

Responsibilities and basis of report

As the charity’s Trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

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

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

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Neil Atherton ACMA (CGMA)

Neil Atherton Accountancy Services Limited Rosemount Garden Close Lane Newbury RG14 6PR

Date: 27th September 2023

7

CATFORD COMMUNITY CHURCH

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2022

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Other income
6
Total income and endowments
EXPENDITURE ON:
Charitable activities
7
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
15		 Unrestricted

Funds
£
71,179

52
69
9,431

80,731
71,058


71,058
-
9,673
-
-
53,658

63,331
 Restricted
Funds
£
750

-
-
-

750
750


750
-
-
-
-
1,967
1,967		 Total
Funds
2022
£
71,929
52
69
9,431

81,481
71,808


71,808
-
9,673
-
-
55,625

65,298
 Total
Funds
2021
£
72,788
7,194
29
2,120

82,131
70,939

70,939
-
11,192
-
11,192
44,433
55,625

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on page 10-18 form part of these accounts.

8

CATFORD COMMUNITY CHURCH

BALANCE SHEET

AS AT 31 DECEMBER 2022

Note
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
11
Cash at bank and in hand
12
CREDITORS: Amounts falling
due within one year
13
Net current assets / (liabilities)
Total assets less current
liabilities
TOTAL NET ASSETS
FUND BALANCES
15
Unrestricted Funds
General funds
Designated funds
Restricted Funds		 Unrestricted
Funds
£
-
-
10,195
58,072
68,267
(4,936)
63,331
63,331
63,331
53,331
10,000
63,331
-
63,331		 Restricted
Funds
£
-
-
-
1,967
1,967
-
1,967
1,967
1,967
-
-
-
1,967
1,967		 Total
Funds
2022
£
-
-
10,195
60,039
70,234
(4,936)
65,298
65,298
65,298
53,331
10,000
63,331
1,967
65,298		 Total
Funds
2021
£
-
-

9,418
49,128

58,546
(2,921)
55,625
55,625
55,625
43,658
10,000
53,658
1,967
55,625

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The directors (who are the charitable company's Trustees for the purposes of charity law) acknowledge their responsibilities

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating t o small companies.

The financial statements were approved by the Board of Directors and were signed on its behalf on 27th September 2023 by:

Margaret George (Chair)

Company Number: 05039733

Philip Wood (Treasurer)

Charity Number: 1103390

The notes on page 10-18 form part of these accounts.

9

CATFORD COMMUNITY CHURCH NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

1 Statutory Information

The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The Trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The Trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the Trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The Trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements. In making this assessment the Trustees have considered how Covid19 might affect projections.

b) Income

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations includes:

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from church retreats and other events and courses.

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

10

CATFORD COMMUNITY CHURCH NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

d) Fund accounting

f) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £500 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a reducing balance basis to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Equipment

33%

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

i) Leased assets

Leases which do not transfer substantially all the risks and rewards of ownership to the charity are classified as operating leases. Operating lease payments are recognised as an expense on a straight-line basis over the lease term (unless another systematic basis is more representative of use).

j) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

k) Taxation

The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

l) Financial instruments

The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year-end (i.e., the liabilities exclude any interest chargeable on the loans in future years).

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

o) Critical accounting estimates and areas of judgement

The Trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

3 Donations

Donations of cash and similar
Income tax recoverable
4
Income from charitable activities
Church retreats and other small events		 2022
£
63,674
8,256
71,929
2022
£
52
52		 2021
£
64,537
8,251
72,788
2021
£
7,194
7,194

11

CATFORD COMMUNITY CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

5
Investment income
Bank interest
6
Other income
Rental income
7
a
Charitable Expenditure
Costs incurred directly on specific activities
Salaries, travel and expenses
Telephone
Venue hire and associated costs
Church activities
Grants payable (note 7c)
b
Costs incurred on support & administration
Governance costs
Independent examiner's fee
Printing, publicity, postage and stationery
Subscriptions & licenses
Professional fees
Website design & maintenance
Bank charges
Depreciation of tangible fixed assets
Insurance
Total expenditure		 2022
£
69
69
2022

£
9,431
9,431
2022
£
22,988
541
34,202
843
58,574
7,588
66,162
1,000

-
320
2,933
455
104
-
834
5,646
71,808		 2021
£
29
29
2021
£
2,120
2,120
2021
£
22,777
500
22,685
10,207

56,169
7,775
63,944
1,530
-
469
3,630
424
104
-
838
6,995
70,939

The fee payable to the independent examiner for preparing and examining the accounts was £1,000 (2021: £1,530) .

c
Grants payable
Grants for UK and overseas mission
Grants for the relief of poverty
The comparatives for the previous year are as follows:
Grants for UK and overseas mission
Grants for the relief of poverty		 Institutions

£
5,988
1,050
7,038
Institutions

£
5,729
1,316
7,045		 Individuals

£
-
550
550
Individuals

£
-
730
730		 2022
£
5,988
1,600
7,588
2021
£
5,729
2,046
7,775

12

CATFORD COMMUNITY CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

The charity's principal grants to institutions comprised:

Transform Network
iNet
One Way School, Harare
Compassion UK		 2022
£
1,800
3,880
1,050
308
7,038		 2021
£
1,800
3,929
1,316
-
7,045

8 Analysis of staff costs, the cost of key management personnel and trustee remuneration and expenses

The average monthly number of employees during the year was 2 (2021: 2.0) . Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

During the year key management received employment benefits totalling £18,367 (2021: £18,176) .

No Trustees received employment benefits in either the current or preceding year.

9 Acting as agent

On occasion the charity receives money on behalf of other charities, which it banks and then pays out to these charities. This income is received as agent for these other charities and the income, and the related payments, are excluded from the Statement of Financial Activities; any money that has not been distributed by the year end is recognised as a creditor and any money distributed in advance of receipt is recognised as a debtor.

In 2022 the charity did not act as an agent however in 2021 it did act as agent for One Way School, Harare and, in that capacity historic activity is noted in brackets below:

a) received £0 (2021: £1,959) and paid £0 (2021: £1,618)

b) at the year end the charity owed £0 on behalf of (2021: £0) external supporters of the One Way School.

10 Tangible fixed assets

Cost
At 1 January 2022
At 31 December 2022
Accumulated depreciation
At 1 January 2022
Charge for the year
At 31 December 2022
Net book value
At 31 December 2022
At 31 December 2021		 Office
Equipment
£
8,445
8,445
8,445
-
8,445
-
-		 Total
2022
£
8,445
8,445
8,445
-
8,445
-
-

13

CATFORD COMMUNITY CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

11Debtors
Falling due within one year:
Tax recoverable
Other debtors
Prepayments and accrued income
Total debtors
12Cash at Bank and in Hand
Cash at bank with immediate
access
13Creditors: liabilities falling due within one year
Trade creditors
Taxation and social security
Accruals		 2022
£
8,255
120
1,820
10,195
2022
£
60,039
60,039
2022
£
2,792
204
1,940
4,936		 2021
£
8,518
120
780
9,418
2021
£
49,128
49,128
2021
£
467
217
2,237
2,921

14 Pension commitments

During the year employer’s pension contributions totalling £1,062 (2021: £1,030) were payable to defined contribution personal pension schemes. No pension contributions were owing at the balance sheet date (2021: £nil).

14

CATFORD COMMUNITY CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

15 Funds

During the year the movements in the charity's funds were as follows:

Designated Funds
Legacy fund
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Hope for Harare
Live Below the Line
Azerbaijan & Zimbabwe
travel
The Point
Moving Home Fund
Other (pastoral gifts)
Aggregate of funds		 Opening
balance
2022
£
10,000
10,000
43,658
53,658
0
859
1,108
-
-
-
1,967
55,625		 Incoming
resources
2022
£
-
-
80,731
80,731
550
-
-
-
-
200
750
81,481		 Outgoing
resources
2022
£
-
-
(71,058)
(71,058)
(550)
-
-
-
-
(200)
(750)
(71,808)		 Transfers
in the year
2022
£
-
-
-
-
-
-
-
-
-
-
-
-		 Gains and
losses
2022
£
-
-
-
-
-
-
-
-
-
-
-
-		 Closing
balance
2022
£
10,000
10,000
53,331
63,331
-
859
1,108
-
-
-
1,967
65,298

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Tangible fixed assets
Debtors
Investments held as current assets
Cash at bank and in hand
Creditors falling due within one year		 Unrestricted Funds
General
Designated
funds
funds
£
£
-
-
10,195
-
-
-
48,072
10,000
(4,936)
-
53,331
10,000		 Restricted
funds
£
-
-
-
1,967
-
1,967		 2022
£
-
10,195
-
60,039
(4,936)
65,298

15

CATFORD COMMUNITY CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

In the previous year the movements in the charity's funds were as follows:

Designated Funds
Legacy Fund
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Hope for Harare
Live Below the Line
Lewisham ESOL
Azerbaijan & Zimbabwe
travel
Food Project at the Point
The Point
Moving Home Fund
Aggregate of funds		 Opening
balance
2021
£
10,000
10,000
32,466
42,466
-
859
-
1,108
-
-
-
1,967
44,433		 Incoming
resources
2021
£
-
-
80,939
80,939
300
-
-
-
-
500
392
1,192
82,131		 Outgoing
resources
2021
£
-
-
(69,731)
(69,731)
(316)
-
-
-
-
(500)
(392)
(1,208)
(70,939)		 Transfers
in the year
2021
£
-
-
(16)
(16)
16
-
-
-
-
-
-
16
-		 Gains and
losses
2021
£
-
-
-
-
-
-
-
-
-
-
-
-
-		 Closing
balance
2021
£
10,000
10,000
43,658
53,658
0
859
-
1,108
-
-
-
1,967
55,625

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year		 Unrestricted Funds
General
Designated
funds
funds
£
£
-
-
9,418
-
37,161
10,000
(2,921)
-
43,658
10,000		 Restricted
funds
£
-
-
1,967
-
1,967		 2021
£
-
9,418
49,128
(2,921)
55,625

Description of funds

Live below the line

Azerbaijan & Zimbabwe travel

Hope for Harare - One Way School

The Point Moving Home Fund

Other (pastoral gift) Legacy Fund

These are donations made towards the Christian Aid "Live Below the Line" project

These were donations made towards the travel costs of visits to overseas workers in Azerbaijan & Zimbabwe

This fund supports the One Way School in Harare, Zimbabwe; funds were used to support food distribution during a major food crisis

These are donations made towards the costs of running "The Point"

This fund contributed to costs to enable a church member in need to move to more suitable housing

This fund provides one off ad hoc support in time of need to individuals known to the church This fund represents a large legacy left to the church by a church member

16

CATFORD COMMUNITY CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

16 Operating lease commitments

The charity has an operating lease for its church building. The minimum amount payable (until the next break clause and ignoring the potential effect of future rent reviews) in respect of this lease is as follows:

Payments falling due:
Within one year
Between one and five years
After five years		 2022
£
18,500
12,333
-
30,833		 2021
£
18,500
30,833
-
49,333

During the year the charity was charged £18,500 (2020: £18,500) for its operating lease.

Under the terms of the lease to The Point, there is an obligation to contribute 40% of the cost of repairs to the building arising during our occupancy. A review of the condition of the building, including the damp which is now known to exist, is to be carried out and we await notification of our liability under the terms of the lease.

17 Transactions with related parties

During the year the charity:

18 Members

Each member of the company commits to contribute if the charity is wound up an amount of £10.

17

CATFORD COMMUNITY CHURCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 DECEMBER 2022

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Other income
6
Total income and endowments
EXPENDITURE ON:
Charitable activities:
7
Raising funds
Other
Total Expenditure
Net income/(expenditure)
Transfers between funds
15
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
15		 69
9,431
80,731
71,058
71,058
9,673
-
9,673
43,658
10,000
53,331
10,000
Unrestricte
General
2022
£
d funds
Designated
2022
£
71,179
-
52
-		 750
750
750
-
-
1,967
1,967
Restricted
2022
£
750
-		 69
9,431
81,481
71,808
71,808
9,673
9,673
55,625
65,298
Total
2022
£
71,929
52		 29
2,120
80,939
69,731
69,731
11,208
11,192
32,466
10,000
43,658
10,000
Unrestricted funds
General
Designated
2021
2021
£
£
71,596
-
7,194
-		 1,192
1,208
1,208
(16)
-
1,967
1,967
Restricted
2021
£
1,192
-		 29
2,120
82,131
70,939
70,939
11,192
11,192
44,433
55,625
Total
2021
£
72,788
7,194

18