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2023-03-31-accounts

Charity registration number 1105394

Company registration number 05183641 (England and Wales)

ARUN COMMUNITY CHURCH

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

ARUN COMMUNITY CHURCH

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr L B Hills Mr A Gill Ms R L Jupp Mr B D Collingwood (Appointed 24 May 2022) Charity number 1105394 Company number 05183641 Registered office Wickbourne Centre Clun Road Littlehampton West Sussex England BN17 7DZ Independent examiner Oliver Read FCCA ACA James Todd & Co Limited 1 & 2 The Barn Oldwick West Stoke Road Lavant Chichester West Sussex England PO18 9AA

ARUN COMMUNITY CHURCH

CONTENTS

Page
Trustees' report 1 - 6
Independent examiner's report 7
Statement of financial activities 8
Balance sheet 9
Notes to the financial statements 10 - 19

ARUN COMMUNITY CHURCH

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 MARCH 2023

The trustees present their annual report and financial statements for the year ended 31 March 2023.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

The purpose of the Charity as set out in the objects contained in the company’s Articles of Association are:

We seek to outwork these aims locally within the immediate geographic area, but also across the UK and internationally with various contacts that the Charity has. In achieving these objects, the Charity has adopted the following summary Vision Statement:

To see lives transformed through Jesus Christ, impacting our communities and the world.

The mission statement outlines the methodology the Charity uses;

bringing life to everyone, everywhere, everyday.

These following 5 values guide the Charity in day-to-day conduct, decision-making, and hiring:

Ensuring our work delivers our aims

We continuously assess our activities and impact, reviewing the aims and objectives each year. This following report looks at what we achieved and the outcomes of our work in the previous 12 months. The report highlights successes and challenges of each key activity and the benefits they have brought to those groups of people we are set up to help.

The report also helps us ensure our aim, objectives and activities remained focused on our stated purposes. We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

ARUN COMMUNITY CHURCH

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

The focus of our work, and public benefit

In pursuance of our principal object of advancing the Christian Faith, the Charity runs a wide range of activities, engaging with many different people in the local, national and international communities. Activities within the Church generally fall into four main areas:

  1. Christian Teaching

  2. Community Initiatives 3. Children’s & Youth Work

  3. International Development

With regard to the charity commission’s public benefit guidance and the Charities Act, the Trustees strongly believe that the work of the Charity is for the public benefit. This includes the meeting together for the worship of God and Jesus Christ, preaching and Bible teaching, meeting in small groups for all ages to explore the Christian faith, and working in and with our community on social action projects for the benefit of all.

These convictions lead people to an increased love and concern for the welfare of others, both in the local community and beyond. This is demonstrated by our wide range of activities and clubs, team of over 300 volunteers, and welfare programmes such as youth services and debt help

Achievements and performance

Review of the past 12 months

During the 2022/23 period the church continued its regular rhythm of services and activities. In addition, the church celebrated its 50th Anniversary in October 2022, having been founded in 1972. We marked the occasion with two events:

  1. an outdoor party for church attendees on 18th September 2022 where a free BBQ was provided and there were inflatables and games for children. This was a fun afternoon in the sunshine for 300 people; and

  2. a public service at The Littlehampton Academy on 2nd October 2022 where many people from the church past and present gathered to thank God for his provision over 50 years. Around 550 people attended.

The following are reviews on the four main areas of our activity:

Christian teaching:

ARUN COMMUNITY CHURCH

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

Community initiatives:

Children’s and youth work:

International development:

There have been some staff changes in this period including the new role of Engagement Lead in September 2022. This role is a response to the amount of people coming to the church, and the aim is to help the church be more deliberate in welcoming and supporting people to get connected. Part of the Engagement Lead role is to oversee the regular Alpha courses and Lifepod small groups (see above). Many other staff have also worked flexibly and covered new areas of responsibility.

The church started an initial consultation and fundraising towards the redevelopment of The Wickbourne Centre which the church owns and where its offices and some activities are based. Having worked with an architect, the church has made plans to open the front of the building to make it more visible and accessible to the wider community. Planning Permission for the changes was granted in January 2002, and this is expected be an ongoing project for the next few years.

ARUN COMMUNITY CHURCH

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

The church also agreed to offer a long-term lease to Playcentre Rustington (part of the Arun Community Church: Wickbourne Centre charity) for the use of 102-104 The Street, Rustington which is owned by the church. The pre-school has operated from the building for 30 years.

The trustees appointed a new HR and Health and Safety advice service which started in April 2022 and includes various accredited training courses. This has been helpful in introducing appropriate systems to the charity to better manage our risks.

Financial review

The church has continued to review and develop its services, and successfully increased its income against that of previous years thanks to the donations from the congregation. However, there was also increased spending during the period with costs of most activities, services and goods going up due to wider economic factors. As a result, the church made a small loss at the end of the financial year and has used some of its reserves. The trustees are mindful of this loss and have made plans to reduce spending and carefully review budgets for the next period in order to balance the reserves again.

Principal Funding Sources

The vast majority of the church income is through individual donations from the church congregation. This accounts for nearly 65% of our total income and the work of the church could not be sustained without the generosity of the members. Around 28% of the income is from provision of services including agreements to deliver youth work for local town, parish, and district councils. The remaining 7% is from a variety of sources such as small grants, rental income, and sales.

A number of the events run by the Church attract some income from ticket sales, with the intention they be self-funding rather than profit-making. However, the costs of other activities are paid by the Church, as are salaries of staff to provide staffing and administrative support for those activities.

Fundraising

In this period the charity registered with the Fundraising Regulator and is committed to fundraising in line with the Code of Fundraising Practice. There have been no complaints received by the charity regarding its fundraising activity.

In November 2022, the charity engaged professional fundraisers Chell Perkins to act on their behalf in fundraising towards the development of The Wickbourne Centre. Chell Perkins are registered with the Fundraising Regulator and committed to the Code of Fundraising Practice.

Reserves policy

The Board has established that the Church will not keep specific reserves of funds for any purpose other than for day-to-day operational costs included in the budget. The intention is that the Church will keep up to three months operating costs in a current and reserve bank account, but that the amount in these accounts will fluctuate in time according to the giving and donations, and other sources of income for the Church. Increasing amounts of money in the bank accounts would result in increased expenditure and giving by the Church to further its aims.

Investment policy

The Memorandum & Articles of Association authorises the trustees to make and hold investments using the general funds of the charity, but no such investments are presently held.

Plans for the future

For 2023/24 the Church aims to maintain its existing core activities such as Sunday services, Lifepods, Alpha courses, children’s and youth services, and international development according to the needs of the charity. We intend to use the resources according to the day-to-day needs of the congregation, the staffing available and the wider community. Funds given will continue to be spent broadly in line with the current pattern of expenditure.

We also plan to further the redevelopment of The Wickbourne Centre, launching a public consultation on the changes to the building and fundraising towards the works. This should result in a phased plan for the redevelopment with the intent that the building can be more widely accessed and used by the community and other groups. Part of this process will involve a review of the church’s other building in The Street, Rustington.

ARUN COMMUNITY CHURCH

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

R. Jupp will continue to develop the Leadership team and the organisational structure of the church which may include taking on new staff and changing specific roles to better enable the church to function effectively.

The trustees also recognise the need to recruit new members, and plan to continue reviewing the support systems and governance of the organisation. This will include specific training for the trustees.

Structure, governance and management

Governing document

The Company is constituted by the Memorandum & Articles of Association, last updated February 2021. The Company was incorporated on 19th July 2004 and commenced activities on 1st November 2004.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr A J Harsant (Resigned 24 May 2022) Mr L B Hills Mr A Gill Ms R L Jupp Mr B D Collingwood (Appointed 24 May 2022)

Recruitment, appointment, and induction of new trustees

The directors of the company are also charity trustees for the purposes of charity law. Appointment of the trustees is governed by the Articles of Association of the Company and trustees are elected to serve for a period of three years after which they must be re-elected.

The trustees are authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee. Trustees will be appointed from the membership of the Arun Community Church.

Trustee induction and training

New trustees are inducted and trained for their role with a programme arranged as and when new directors are appointed. Training is overseen by the Executive Leader and includes input from all existing trustees and external training days for trustees of charities where necessary.

Organisational structure

Arun Community Church has a board of trustees (of no less than 3 people with no maximum) who are responsible for the legal and regulatory aspects of the Charity. There are currently 5 trustees (listed on page 3) made up of a variety of backgrounds relevant to the work of the charity.

A scheme of delegation is in place and day-to-day responsibility for the provision of the services rest with the leadership team of Arun Community Church, and their department Managers within the charity. The leadership team oversee the advancement of the Christian faith through the activities and actions of the Church. These are listed on page 3. Three of the leaders are currently employed by the Church: R. Jupp, J. Jolly and M. Vickery-Brown. The remaining leaders are in a voluntary capacity.

Most managers report to the Executive Leader who serves as an executive on the board and has responsibility for day-to-day operations, and who reports directly to the Senior Leader. The Senior Leader is responsible for ensuring the charity delivers the services specified. The Charity outsources Human Resources and Health & Safety support to an external company who can better guide on employment and compliance issues.

The Church Leaders meet on a weekly basis, and senior managers also meet regularly. In this way decisions are taken as to the activities, programmes and spiritual content of the Church. The full Board meets at least 4 times a year to take decisions relating to finances, pay and organisation matters of the Church.

The Church also has a wider leadership team consisting of all the leaders of the various small groups and activities that happen across the Church. This wider group meets approximately three times a year and provides a forum for communication to these key individuals and for receiving feedback on how those activities and the wider church are running.

ARUN COMMUNITY CHURCH

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

Risk management

The Charity has a risk management process outlined in the risk management policy. The trustees maintain a risk register which comprises a review of the risks that the Charity faces on an annual basis, or as new risks arise. Each risk is assessed, and the Charity takes appropriate actions as necessary. The mitigating factors and actions are also assessed. Where risks are identified that warrant further action, where possible, appropriate changes are identified and either incorporated into procedure, or costs identified for future budgeting. For significant risks that are less tangible, mitigation is sought through insurance policies or by training. These are focused on the Church gatherings with large numbers of people, particularly young children, and the risk of injury and loss to them.

Related parties

The church is connected to other entities in the following ways:

Arun Community Church: Wickbourne Centre

Charity Number 1107647 Company Number 5183674

The Church owns the Wickbourne Centre building as part of its assets. Arun Community Church: Wickbourne Centre is the charitable company set up to manage the operation of the activities occurring out of the Centre and as such there is a close relationship between the two organisations.

Many of the activities of the church are organised via the Arun Community Church: Wickbourne Centre, and there is a certain amount of commonality between the Arun Community Church and the Arun Community Church: Wickbourne Centre boards. Appropriate charges for staff, hire of venues and refreshments are cross charged between the two organisations.

Refresh Trading Limited

Company Number 5591456

Refresh Trading Ltd was set up in 2005 to run the coffee shop situated within the Wickbourne Centre, and it runs as a social enterprise for the two charities. Again, activities organised by the Company will use services provided by Refresh Trading Ltd and will be charged accordingly. The Board of Refresh Trading Ltd is drawn from membership of the two company Boards plus other individuals with specific expertise relevant to the company.

Arun Creative Limited

Company Number 11890575

Arun Creative Ltd was set up in 2019 as a trading subsidiary for the church to record and publish musical performances and other creative arts endeavours. The Board of Arun Creative Ltd is drawn from membership of the Arun Church Board, plus other individuals with specific expertise relevant to the company.

The trustees' report was approved by the Board of Trustees.

Mr L B Hills

Trustee

15 November 2023

ARUN COMMUNITY CHURCH

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF ARUN COMMUNITY CHURCH

I report to the trustees on my examination of the financial statements of Arun Community Church (the charity) for the year ended 31 March 2023.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity 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 the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s 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 [ENTER IN DATABASE cy1015], 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 that in any material respect:

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 financial statements to be reached.

Oliver Read FCCA ACA James Todd & Co Limited

1 & 2 The Barn Oldwick West Stoke Road Lavant Chichester West Sussex PO18 9AA England

Dated: 15 November 2023

ARUN COMMUNITY CHURCH

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted
funds
2023
Notes
£
Income from:
Donations and legacies
3
357,837
Charitable activities
4
77,976
Investments
5
35,936
Total income
471,749
Charitable activities
6
492,682
Net expenditure
(20,933)
Transfers between funds
(894)
Net movement in funds
(21,827)
Reconciliation of funds:
Fund balances at 1 April 2022
1,275,419
Fund balances at 31 March 2023
1,253,592		 Restricted
funds
2023
£
125,265
-
-
125,265
131,466
(6,201)
894
(5,307)
70,560
65,253		 Total
Unrestricted
funds
2023
2022
£
£
483,102
312,020
77,976
63,729
35,936
29,465
597,014
405,214
624,148
471,799
(27,134)
(66,585)
-
3,599
(27,134)
(62,986)
1,345,979
1,338,405
1,318,845
1,275,419		 Restricted
funds
2022
£
145,309
-
-
145,309
139,635
5,674
(3,599)
2,075
68,485
70,560		 Total
2022
£
457,329
63,729
29,465
550,523
611,434
(60,911)
-
(60,911)
1,406,890
1,345,979

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

ARUN COMMUNITY CHURCH

BALANCE SHEET

AS AT 31 MARCH 2023

Notes
Fixed assets
Tangible assets
11
Investments
12
Current assets
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due within one year
14
Net current assets
Total assets less current liabilities
The funds of the charity
Restricted income funds
16
Unrestricted funds		 2023
£
45,623
64,491
110,114
67,340		 £
1,276,070
1
1,276,071
42,774
1,318,845
65,253
1,253,592
1,318,845		 2022
£
48,435
87,027
135,462
61,434		 £
1,271,950
1
1,271,951
74,028
1,345,979
70,560
1,275,419
1,345,979

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 15 November 2023

Mr L B Hills

Trustee

Company registration number 05183641 (England and Wales)

ARUN COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

Charity information

Arun Community Church is a private company limited by guarantee incorporated in England and Wales. The registered office is Wickbourne Centre, Clun Road, Littlehampton, West Sussex, BN17 7DZ, England.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

ARUN COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings Not depreciated Fixtures and fittings 25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

A subsidiary is an entity controlled by the charity. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.8 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

ARUN COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

(Continued)

1.10 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.11 Taxation

The charity is exempt from direct taxation on its charitable activities.

1.12 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

ARUN COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Unrestricted
Restricted
funds
funds
2023
2023
£
£
Donations and gifts
357,837
45,595
Grants received
-
79,670
357,837
125,265		 Total
Unrestricted
Restricted
funds
funds
2023
2022
2022
£
£
£
403,432
305,141
39,578
79,670
6,879
105,731
483,102
312,020
145,309		 Total
2022
£
344,719
112,610
457,329

4 Income from charitable activities

Unrestricted Unrestricted
funds funds
2023 2022
£ £
Community church
Sales and recharges 8,731 6,451
Services provided 67,047 55,534
Other income 2,198 1,744
77,976 63,729

ARUN COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

5 Income from investments

Unrestricted Unrestricted
funds funds
2023 2022
£ £
Rental income 31,140 25,217
Equipment hire 4,600 4,000
Interest receivable 196 248
35,936 29,465

6 Expenditure on charitable activities

Community Community
church church
2023 2022
£ £
Direct costs
Staff costs 398,448 378,388
Depreciation and impairment 6,627 8,837
Projects 121,604 103,702
526,679 490,927
Share of support and governance costs (see note 7)
Support 80,201 96,933
Governance 17,268 23,574
624,148 611,434
Analysis by fund
Unrestricted funds 492,682 471,799
Restricted funds 131,466 139,635
624,148 611,434

ARUN COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

7 Support costs allocated to activities

Community
church
2023
£
Property expenses
59,968
Administration
8,002
Advertising
2,417
Equipment maintenance
9,814
Loans written off
-
Governance
17,268
97,469		 Total
2022
£
58,788
7,271
14,337
6,037
10,500
23,574
120,507

8 Trustees

The trustee Ms R L Jupp recieved a salary of £39,359 during the year. This is in alignment with the Charty's constituion and with the consent of The Charity Commission.

Aside from the above, none of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

9 Employees

The average monthly number of employees during the year was:

Administration
Employment costs
Staff costs		 2023
Number
27
2023
£
398,448		 2022
Number
25
2022
£
378,388

There were no employees whose annual remuneration was more than £60,000.

10 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

ARUN COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

11 Tangible fixed assets

Tangible fixed assets
Freehold land
and buildings
Fixtures and
fittings
£
£
Cost or valuation
At 1 April 2022
1,250,000
87,939
Additions
-
10,747
At 31 March 2023
1,250,000
98,686
Depreciation and impairment
At 1 April 2022
-
65,989
Depreciation charged in the year
-
6,627
At 31 March 2023
-
72,616
Carrying amount
At 31 March 2023
1,250,000
26,070
At 31 March 2022
1,250,000
21,950		 Total
£
1,337,939
10,747
1,348,686
65,989
6,627
72,616
1,276,070
1,271,950

Land and buildings with a carrying amount of £1,250,000 were revalued in the year ended 31 March 2021 at the charity's request. Due to the nature of the activities conducted at these premises, and the specification of the buildings, the valuers had difficulty in finding comparable buildings in order to establish a fair revaluation upon open market values. As a result, the value placed on one of these premises is based on the re-development value of the land only, which led to a reduction in value of £364,885 from the original cost of £1,614,885.

At 31 March 2023, had the revalued assets been carried at historic cost less accumulated depreciation and accumulated impairment losses, their carrying amount would have been approximately £1,614,885 (2022: £1,614,885).

12 Fixed asset investments

Other
investments
Cost or valuation
At 1 April 2022 & 31 March 2023 1
Carrying amount
At 31 March 2023 1
At 31 March 2022 1

ARUN COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

12
Fixed asset investments
Other investments comprise:
Notes
Investments in subsidiaries
13
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income		 (Continued)
2023
2022
£
£
1
1
2023
2022
£
£
1,727
10,068
16,747
10,020
27,149
28,347
45,623
48,435		 (Continued)
2023
2022
£
£
1
1
2023
2022
£
£
1,727
10,068
16,747
10,020
27,149
28,347
45,623
48,435
2022
£
10,068
10,020
28,347
48,435
14
Creditors: amounts falling due within one year
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income		 2023
£
5,846
18,483
7,424
35,587
67,340		 2022
£
5,461
21,381
5,458
29,134
61,434

15 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April 2022 Incoming Resources TransfersGains and losses TransfersGains and losses At 31 March
resources expended 2023
£ £ £ £ £ £
General funds 1,275,419 471,749 (492,682) (894) - 1,253,592

ARUN COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

16 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1
Community/
Pastoral Fund
Wickbourne
Transformation
CAP
Littlehampton TC
Awards for All
Creative Arts and
Social
Under £5,000		 April 2022
£
10,000
-
12,438
2,913
6,533
10,267
28,409
70,560		 Incoming
resources
£
-
30,755
7,655
50,000
-
-
36,855
125,265		 Resources
expended
£
(6,694)
(12,715)
(15,190)
(47,645)
(6,533)
(3,523)
(39,166)
(131,466)		 TransfersGains
£
-
-
-
-
-
-
894
894		 and losses
At 31 March
2023
£
£
-
3,306
-
18,040
-
4,903
-
5,268
-
-
-
6,744
-
26,992
-
65,253		 and losses
At 31 March
2023
£
£
-
3,306
-
18,040
-
4,903
-
5,268
-
-
-
6,744
-
26,992
-
65,253
65,253

17 Analysis of net assets between funds

Unrestricted
funds
2023
£
Fund balances at 31 March 2023 are represented by:
Tangible assets
1,276,070
Investments
1
Current assets/(liabilities)
(22,479)
1,253,592
Unrestricted
funds
2022
£
Fund balances at 31 March 2022 are represented by:
Tangible assets
1,271,950
Investments
1
Current assets/(liabilities)
3,468
1,275,419		 Restricted
funds
2023
£
-
-
65,253
65,253
Restricted
funds
2022
£
-
-
70,560
70,560		 Total
2023
£
1,276,070
1
42,774
1,318,845
Total
2022
£
1,271,950
1
74,028
1,345,979

ARUN COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

18 Related party transactions

Transactions with related parties

During the year the charity entered into the following transactions with related parties:

Arun Community Church: Wickbourne Centre is a charitable company under common control. During the year, the charity charged rent of £77,529 (2022: £66,160) and recharged expenses totalling £55,042 (2022: £57,252). The balance outstanding at the year end to the charity was £185 (2022: £2,800).

Refresh Trading Limited is a company under common control. During the year, the charity recharged expenses totalling £2,560 (2022: £437). The balance outstanding at the year end to the charity was £94 (2022: £33).

Arun Creative Limited is a wholly owned trading subsidiary of the charity. During the year, the charity recharged expenses totalling £Nil (2022: £2,262). The charity also received repayments totalling £Nil (2022: £7,000), made gifts of £Nil (2022: £2,500) and wrote off £Nil (2022: £10,500) concerning loans made to Arun Creative Limited. The total balance outstanding at the year end to the charity was £Nil (2022: £108).