REGISTERED COMPANY NUMBER: 05183453 (England and Wales) REGISTERED CHARITY NUMBER: 1105411
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
FOR
THE HAVEN CHURCH PEMBROKE
Llewelyn Davies Chartered Accountants 50 Queen Street Pembroke Dock Pembrokeshire SA72 6JE
THE HAVEN CHURCH PEMBROKE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
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Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 11
Detailed Statement of Financial Activities 12
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THE HAVEN CHURCH PEMBROKE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of 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
Objectives and aims
The purpose for which the charity is established is to advance the Christian religion.
This is achieved by:
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Creating and providing a resource for a community of likeminded people who ascribe to the teachings of Christ as set out in The Bible.
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Holding regular meetings and one-off events in Pembroke for prayer, teaching, preaching and evangelism to enlighten and inform others regarding the Christian Faith.
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Supporting social action in Pembroke or further afield to address issues such as poverty, homelessness and addictions in accordance with the teachings and example of Christ.
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Supporting Biblical institutions such as the family and marriage in the community of Pembroke by teaching Biblical principles to parenting, marriage, finance etc and through children's clubs and special events.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
During the financial year 2020-2021 the buildings belonging to the charity were sold in part, having been on the market with a local estate agent for three years. Early in 2019 an offer was accepted from a developer on the main part of the building. The COVID-19 global pandemic breaking during March 2020 led to further delay on a completion date. The final completion date was July 31st 2021 and the buildings 1 Westgate Hill sold for £355,000. This left the charity with the remaining part of the property which incorporates the registered place of religious worship at The Parade, Pembroke.
The activities of the charity and its charitable objectives as a church continued with necessary adjustments to comply with national restrictions. During 2020-2021 Wales, along with the rest of the United Kingdom, spent long periods in various levels of national lockdown due to the global pandemic. Most of the usual charitable activities continued through the use of technology with services available online, and small group prayer meetings and Bible study through the use of the online interactive platform Zoom
Children's ministry and youth events were held throughout the financial year within the imposed restrictions, often through the use of online platforms. The church has a safeguarding policy and all children's workers are DBS checked.
The church has been able to continue to support the wider mission work of Operation Mobilisation and World Horizons through monthly gifts to these organisations who preach the good news of Jesus overseas.
FUTURE PLANS
The church continues to raise awareness of the needs of families who foster and adopt children and partners with the charity "Home for Good".
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The organisation is a charitable company limited by guarantee, incorporated in August 2004. The company was established under a Memorandum and Articles of Association. These were revised in 2012 when the charity was renamed "The Haven Church'.
The company is registered as a charity with the Charity Commission.
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THE HAVEN CHURCH PEMBROKE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
05183453 (England and Wales)
Registered Charity number 1105411
Registered office
The Parade Pembroke Pembrokeshire SA71 4LD
Trustees
Mr N C Beard Mrs G Beard Mr J Mathias Mr K J Stevens
Company Secretary
Independent Examiner
Kenneth Randall Institute of Chartered Accountants in England and Wales Llewelyn Davies Chartered Accountants 50 Queen Street Pembroke Dock Pembrokeshire SA72 6JE
Approved by order of the board of trustees on 1 September 2021 and signed on its behalf by:
Mrs G Beard - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HAVEN CHURCH PEMBROKE
Independent examiner's report to the trustees of The Haven Church Pembroke ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Institute of Chartered Accountants in England and Wales 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:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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.
Kenneth Randall Institute of Chartered Accountants in England and Wales Llewelyn Davies Chartered Accountants 50 Queen Street Pembroke Dock Pembrokeshire SA72 6JE
1 September 2021
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THE HAVEN CHURCH PEMBROKE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 9,280 Charitable activities 3 Rental 1,320 Other income 355,000 Total 365,600 EXPENDITURE ON Charitable activities 4 Rental 1,919 Missionary and charity giving 3,700 Administration and centre costs 15,744 Church running costs 3,940 Total 25,303 NET INCOME/(EXPENDITURE) 340,297 RECONCILIATION OF FUNDS Total funds brought forward 613 TOTAL FUNDS CARRIED FORWARD 340,910 |
Restricted fund £ - - - - - - - - - - 12 12 |
2021 Total funds £ 9,280 1,320 355,000 365,600 1,919 3,700 15,744 3,940 25,303 340,297 625 340,922 |
2020 Total funds £ 22,670 3,960 250 26,880 5,396 2,450 18,171 1,880 27,897 (1,017) 1,642 625 |
|---|---|---|---|
The notes form part of these financial statements
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THE HAVEN CHURCH PEMBROKE
BALANCE SHEET 31 MARCH 2021
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 10 239 CURRENT ASSETS Debtors 11 - Cash at bank and in hand 341,391 341,391 CREDITORS Amounts falling due within one year 12 (720) NET CURRENT ASSETS 340,671 TOTAL ASSETS LESS CURRENT LIABILITIES 340,910 NET ASSETS/(LIABILITIES) 340,910 FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ - - 12 12 - 12 12 12 |
2021 Total funds £ 239 - 341,403 341,403 (720) 340,683 340,922 340,922 340,910 12 340,922 |
2020 Total funds £ 239 909 3,663 4,572 (4,186) 386 625 625 613 12 625 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 1 September 2021 and were signed on its behalf by:
Mrs G Beard - Trustee
The notes form part of these financial statements
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THE HAVEN CHURCH PEMBROKE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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THE HAVEN CHURCH PEMBROKE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
| 2. DONATIONS AND LEGACIES Donations Gift aid 3. INCOME FROM CHARITABLE ACTIVITIES Activity Tenant's rent Rental 4. CHARITABLE ACTIVITIES COSTS Direct Costs £ Rental 1,919 Missionary and charity giving 3,700 Administration and centre costs 5,455 Church running costs 3,940 15,014 5. SUPPORT COSTS Finance £ Administration and centre costs 61 6. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Surplus on disposal of fixed assets 7. TRUSTEES' REMUNERATION AND BENEFITS |
2021 £ 9,280 - 9,280 2021 £ 1,320 Support costs (see note 5) £ - - 10,289 - 10,289 Governance costs £ 10,228 2021 £ (355,000) |
2020 £ 20,982 1,688 22,670 2020 £ 3,960 Totals £ 1,919 3,700 15,744 3,940 25,303 Totals £ 10,289 2020 £ - |
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There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
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THE HAVEN CHURCH PEMBROKE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
8. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Full Time No employees received emoluments in excess of £60,000. 9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 22,670 Charitable activities Rental 3,960 Other income 250 Total 26,880 EXPENDITURE ON Charitable activities Rental 5,396 Missionary and charity giving 2,450 Administration and centre costs 18,171 Church running costs 1,880 Total 27,897 NET INCOME/(EXPENDITURE) (1,017) Transfers between funds 325 Net movement in funds (692) RECONCILIATION OF FUNDS Total funds brought forward 1,305 TOTAL FUNDS CARRIED FORWARD 613 |
2021 - Restricted fund £ - - - - - - - - - - (325) (325) 337 12 |
2020 1 Total funds £ 22,670 3,960 250 26,880 5,396 2,450 18,171 1,880 27,897 (1,017) - (1,017) 1,642 625 |
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THE HAVEN CHURCH PEMBROKE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
10. TANGIBLE FIXED ASSETS
| COST At 1 April 2020 and 31 March 2021 |
Plant and machinery £ 7,617 |
|---|---|
| DEPRECIATION At 1 April 2020 and 31 March 2021 |
7,378 |
| NET BOOK VALUE At 31 March 2021 |
239 |
| At 31 March 2020 | 239 |
| In addition to the assets shown above the charity also owns land and buildings, but has been placed upon these assets for the purpose of these accounts as they were charity by The Haven Church. The buildings are currently insured for £460,000. 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 £ Prepayments and accrued income - |
no valuatio gifted to th 2020 £ 909 |
| 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 £ Net wages - Accrued expenses 720 |
2020 £ 3,586 600 |
| 720 | 4,186 |
| 13. MOVEMENT IN FUNDS Net movement At 1.4.20 in funds £ £ Unrestricted funds General fund 613 340,297 Restricted funds Restricted fund 12 - |
At 31.3.21 £ 340,910 12 |
| TOTAL FUNDS 625 340,297 |
340,922 |
| Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 365,600 (25,303) |
Movement in funds £ 340,297 |
| TOTAL FUNDS 365,600 (25,303) |
340,297 |
In addition to the assets shown above the charity also owns land and buildings, but no valuation has been placed upon these assets for the purpose of these accounts as they were gifted to the charity by The Haven Church. The buildings are currently insured for £460,000.
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THE HAVEN CHURCH PEMBROKE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
13. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.4.19 £ Unrestricted funds General fund 1,305 Restricted funds Restricted fund 337 |
Net movement in funds £ (1,017) - |
Transfers between funds £ 325 (325) |
At 31.3.20 £ 613 12 |
|---|---|---|---|
| TOTAL FUNDS 1,642 |
(1,017) | - | 625 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund |
Incoming Resources resources expended £ £ 26,880 (27,897) |
Movement in funds £ (1,017) |
|---|---|---|
| TOTAL FUNDS | 26,880 (27,897) |
(1,017) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
At 1.4.19 £ 1,305 337 1,642 |
Net movement in funds £ 339,280 - 339,280 |
Transfers between funds £ 325 (325) - |
At 31.3.21 £ 340,910 12 340,922 |
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A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 392,480 392,480 |
Resources expended £ (53,200) (53,200) |
Movement in funds £ 339,280 339,280 |
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THE HAVEN CHURCH PEMBROKE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021.
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THE HAVEN CHURCH PEMBROKE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021
| INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Charitable activities Tenant's rent Other income Gain on sale of tangible fixed assets Miscellaneous income Total incoming resources EXPENDITURE Charitable activities Wages Pensions Rates and water Insurance Light and heat Telephone Postage and stationery Accommodation costs Mission and charity giving Licences Visiting speakers Repairs and maintenance Support costs Finance Bank charges Governance costs Accountancy fees Legal fees Professional fees Total resources expended Net income/(expenditure) |
2021 £ 9,280 - 9,280 1,320 355,000 - 355,000 365,600 822 - 681 1,274 2,779 59 423 1,919 6,250 355 - 452 15,014 61 816 9,399 13 10,228 25,303 340,297 |
2020 £ 20,982 1,688 22,670 3,960 - 250 250 26,880 5,457 39 1,959 4,324 3,474 770 833 4,747 2,450 471 40 305 24,869 90 600 2,338 - 2,938 27,897 (1,017) |
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This page does not form part of the statutory financial statements
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