2021-03-31-accounts - Arun Community Church

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Trustees	Trustees
The trustees		and officers serving	during the year	and since the year end	were	as follows:
				Mr Andrew	John	Harsant
				Mr Leigh Brian Hills
				Mr Steven West
				(Resigned:	06August 2020)
				Mrs Rebecca Louise Jupp
				Mr Andrew	Gill
				(Appointed:	06August 2020)
				Mr Steven West
				(Resigned:	OSAugust 2020)
Independent		examiners		Emjay Associates		Ltd
				ONce AD5
				Littleharnpton	Marina
				Ferry Road
				Littlehampton
				BN175DS
Bankers				HSBC
				16Goring Road
				Worthing
				BN124AW
Approved	by	the Board ofTrustees	and signed	ls behalf by

				Notes	Unrestricted	Restricted	2021	2020
					funds	funds
					E	K
Income and endowments	from:
Donations and legacies					281,890	81,879	383,389	419,527
Charitable activities
Church Activities					95,417		95,417	4,762
Community								87,721
								25.992
Investments
Income from cash/settlements			held in		18,250		18,250	29,200
an investment portfol'I
Bank interest receivable					643
Total					3$6,000	81,679	477,679	567,479
Expenditure on:
Charitable activities				5/8
Church Activities					(421,010)	(23,740)	(444,750)	(250,919)
Community								(98,928)
Nations								(14,109)
Youth								(206,369)
Total					(421,010)	(23,740)	(~750)	(670,326)
Transfers between funds					167,249	(62,083)	105,166
Other recognised gains/losses
Gains/(losses) on revaluation		of	lixed		(364,885)		(364,885)
assets
Net movement In funds					(222,846)	(4,144)	(228,790)	(2,846)
Reconciliation offunds
Total funds brought forward					1.551,051	72,828	1,633,679	1,742,845
Total funds carried forward					1,338,405	68~	1,408,88$	1,739,999

Basis ofsccountlng
The financial statements have been prepared under the historical cost convention, except for		investments			which are induded				at	market value
and the revaluation ofcertain fixed assets and in accordance with the Charities SORP (FRS102)'Accounting and							Reporting		by	Charities:
Statement ofRecommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting											Standard
applicable in the UK and Republic of Ireland (FRS102)(effective 1 January 2019)', Financial		Reporting Standard					102the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102),and the Companies Act 2006.
Arun Community Church meets the definition ofa public benefit entity under FRS102. Assets			and liabilities are initially recognised at historical
cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Going concern
All income and expenditure has arisen from continuing activites.
Funds
Unrestriced funds represent funds that are not subject to any restirctions	regarding their use and			are available for			general purpose				in
accordance with the charltalbe objectives at the discretion ofthe trustees.
Funds shown as designated fora particular purpose are also unrestitcted.
Restricted funds can only be used for particulars restriced purposes within the objects ofthe Church. Restrictions							arise when		specified			by the
donor or when funds are raised for particular restricted purposes.
Futher explanation ofthe nature and purpose ofeach fund is induded in the notes to the financial				statements
Incoming resources
All incoming resources are induded in the statement offinancial activities	when the Charity is	entitled to the income and the							amount can be
quantified with reasonable accuracy. The following specific policies are applied to particular categories ofincome:
Resources expended
Liabilities are recognised as resources expended when there is a legal or	constructive obligation			committing	the Charity to the expenditure,								it is
probable that a transfer ofeconimic benefits will be required in settlement	and the amount ofthe			obligation	can be		measured		reliably.
Expenditure is accounted for on an accruals basis and has been dassified	under headings that		agggregate		all cost releated			to the			category,
Where costs cannot be directly attributed to particular headings they have	been allocated to activities on a				basis consistent			with		the use of
resources
Allocation and appointment ofcosts
Support costs are allocated on the basis ofthe weighted proportion ofstaff salary costs across		the four mein areas					ofcharitable			acfivity		ofthe
Church, this being deemed the most appropiate and equitable apporfionment
Taxatlon
The church is exempt from direct taxation on its charitable activities.
Tangible fixed assets
Tangible fixed assets. other than freehold land, are stated at cost or valuation less depreciation			and any provision			for impairment.					Depreciation
is provided at rates calculated to write offthe cost or valuation offixed assets, less their estimated				residual	value, over their			expected useful
lives on the following basis:
Land and buildings are held for the use ofthe Church. In accordance with	accounting standards,			land is not	depreciated. Freehold						buildings		are
not depreciated as the trustees undertake an annual inpairment review,
Freehsold properties are subject to a valuation every five years.
Fixed assets are capitalised where the assets eiginal cost is above K500.
Furniture & Fittings				25% Reducing			balance
Furniture & Fitbngs				25% Redudng			balance
Social investments
Investments in joint ventures are induded at cost, Gains and losses on disposal and revaluation			ofinvestments are charged					or credited				to the
Statement of Financial Activites in the year in which they occur.

2.Income from donations	2.Income from donations	and legacies	and legacies
				Unrestricted	Restricted	2021	2020
				funds	funds
					s
Donations received				315,157	30,101	345,258	383,513
Grants received				(33,407)	51,578	18,111	58,014
				281,680	81,578	363,359	418,52'7
3.Income from charitable		activities
						2021	2020
Unrestricted funds
Church Activities
Miscellaneous						107,887	2,812
Receipts from	projects/events					(8,822)	2,150
Contributions:	VWckbourne					(5,848)
						86,417	4,782
Community
Miscellaneous							(8,050)
Receipts from	projects/events						(10,929)
Contributions:	VIckboume						108,700
							87,721
Youlh
Receipts from	projects/events						25,992
						86/17	118,475
4.Investment Income
						2021	2020
Unrestricted funds
Income from cashlsetsements			held in			18,250	29,200
an investment porffolio
Bank interest receivable							277
						18,883	29,477

		Unrestricted	Restricted	Restricted	2021	2020
		funds	funds
			6
Church Activities		340,429		23,740	384,'l69	219,271
Community						93,593
Nations
						14,109
Youth
						181,478
Support costs		80,581			80,561	61,678
		421,010		23,740	444,750	670,326
6.Costs ofcharitable activities by activity type
		ActlvWes	Support	costs	2021
		undertaken
		directly
		2
Support costs
Church Activities		3S4,189		80,581	444,750	250,919
Community						98,928
Na5ons						14,109
Youth						206,389
		364,169		80,681		570,326
7.Analysis ofsupport costs
					2021	2020
Church Activities
Management					69,741	59,261
Governance	costs				10,840	2,815
					80,681	81,876

et income/(expenditure) forthe year	et income/(expenditure) forthe year
This is stated after chargingI(crediting):
Oepreciation	ofawned fixed assets
Accountancy	fees
Tax advisory	services
Staff pension	contributions
(Gain)/Loss	on disposal oftangible fixed assets

2021		2020
	4,490	8,903
	9,940	1,715
		900
	7,588	18,148
	2,853

2021	2020
232,972	273,171
900	16,287
7,588	18,148
241,481	307,606
2021	2020
22
22

				Unrestricted	Restricted	2020
				funds	funds
				E	E
Income and endowments			from:
Donations and	legacies			282,647	135,880	419,527
Charitable activities				118,475		118,475
Investments				29,477		29,477
Total
				430,599	138,880	SS7,479
Expenditure on:
Charttable activities				(541,894)	(28,431)	(570,325)
Total
				(541,894)	(28,431)	(670,325)
Transfers between		funds		100,383	(100,383)
Net movement	in funds			(10,$12)	8,066	(2,846)
Reconclsatlon offunds
Total funds brought		forward		1,681,394	61,451	1,742,845
Total funds carried		forward		1,870,482	89,517	1,'73$,999
					Furniture
12.Tangible fixed assets
				Land snd	a
Cost or valuation				Buildings	Fittings	Total
At 01 April 2020				1,514,885	88,578	1,703,563
Additions					1,200	1,200
Revaluations				(364,865)		(364,885)
Disposals					(12,349)	(12,349)
At 31 March 2021				1,250&000	77,628	1,327,528
Depreciation
At 01 April 2020					82,089	82,089
Disposals					(20,257)	(20,257)
Charge for year					4,490	4,490
At 31 March 2021					86,322	66,322
Net book values
At 31 March 2021				1,250,000		1,261,206
At 31 March 2020				1,614,886	8,588	1,621,473

Investments
13.Analysis	of	movement ofcommercial			Investments
							Investments	In
							subsidiaries
Market	value at 01 April
2020
Market	value		at 31 March
2021
14.Analysis	ofinvesbnents			between funds as atyear ended 31March 2821
						2021
Unrestricted			funds
Investments		in subsidiaries and
related undertakings
16.Debtors
						2021
Amounts	due within one			year:
Trade debtors						75	33,589
Prepayments			and accrued	income		8,785	8,397
						6,840	38,866
Amounts	due		after more than one year:
Other debtors						20,000	18,750
						20,000	18,760

			2021	2020
Trade creditors			9,390	10,431
Amounts due to subsidary		and associated undertakings	558	14,207
Other creditors			(5,951)	5,080
Accruals and deferred	income		10,753	8,052
			14,748	37,770