``` REGISTERED COMPANY NUMBER: 05263337 (England and Wales) REGISTERED CHARITY NUMBER: 1106854 ``` ## **`Report of the Trustees and`** ``` Unaudited Financial Statements for the Year Ended 31 October 2021 ``` ## **`for`** ``` Yesterday, Today and Forever Church ``` ``` Elverstone Large Ltd Chartered Certified Accountants Temple Chambers 16a Belvoir Road Coalville Leics LE67 3QE ``` ``` Yesterday, Today and Forever Church ``` ## **`Contents of the Financial Statements for the Year Ended 31 October 2021`** ||**`Page`**| |---|---| |**`Report of the Trustees`**|`1 to 2`| |**`Independent Examiner's Report`**|`3`| |**`Statement of Financial Activities`**|`4`| |**`Balance Sheet`**|`5 to 6`| |**`Notes to the Financial Statements`**|`7 to 12`| |**`Detailed Statement of Financial Activities`**|`13`| ## **`Yesterday, Today and Forever Church`** ## **`Report of the Trustees for the Year Ended 31 October 2021`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct 2006, presenttheirreportwiththefinancialstatementsofthecharityfortheyear ended 31October2021.ThetrusteeshaveadoptedtheprovisionsofAccountingandReporting by Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheir accounts inaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives, aims & income generation.`** ``` TheprincipalobjectivesofthecompanytoadvancetheChristianfaithinLeicestershire,the UK &worldwide.Thecompanyalsoengagesincharitableworktorelievepersons suffering hardshipand/orareagedorsick.Inordertoachievetheseobjectivesthecharityprovides the following; ``` `1. Donations to other charities & support organisations.` `2. Emotional relief through prayer & religious services.` `3. Other social gatherings of a religious nature.` ``` Thecharitygeneratedincomethroughcongregationdonationsandasmallamountthrough the sale of books. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesa limited company, limited by guarantee, as defined by the Companies Act 2006. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 05263337 (England and Wales) ``` ## **`Registered Charity number`** ``` 1106854 ``` ## **`Registered office`** ``` Gutteridge Street Coalville Leics LE67 3BG ``` ## **`Trustees`** ``` D W Measures (Chairman) I J Gray J Reid A Tolley ``` ## **`Company Secretary`** ``` D W Measures (Chairman) ``` ``` Page 1 ``` ## **`Yesterday, Today and Forever Church`** ``` Report of the Trustees for the Year Ended 31 October 2021 ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner`** ``` Elverstone Large Ltd ACCA Elverstone Large Ltd Chartered Certified Accountants Temple Chambers 16a Belvoir Road Coalville Leics LE67 3QE ``` ``` Approved by order of the board of trustees on 3 February 2022 and signed on its behalf by: ``` ``` D W Measures (Chairman) - Trustee ``` ``` Page 2 ``` ``` Independent Examiner's Report to the Trustees of Yesterday, Today and Forever Church ``` ## **`Independent examiner's report to the trustees of Yesterday, Today and Forever Church ('the Company')`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyforthe year ended 31 October 2021. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesof company law)youareresponsibleforthepreparationoftheaccountsinaccordancewith the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeaudited under Part16ofthe2006Actandareeligibleforindependentexamination,Ireportinrespectof my examinationofyourcharity'saccountsascarriedoutundersection145oftheCharities Act 2011('the2011Act').IncarryingoutmyexaminationIhavefollowedtheDirectionsgiven by the Charity Commission under section 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattention 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)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththe examination towhichattentionshouldbedrawninthisreportinordertoenableaproperunderstanding of the accounts to be reached. ``` ``` Elverstone Large Ltd ACCA Elverstone Large Ltd Chartered Certified Accountants Temple Chambers 16a Belvoir Road Coalville Leics LE67 3QE ``` ``` Date: ............................................. ``` ``` Page 3 ``` ## **`Yesterday, Today and Forever Church`** ## **`Statement of Financial Activities for the Year Ended 31 October 2021`** |`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`Investment income`
`2`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
`Other`
**`Total`**
**`NET INCOME`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**|`2021`
`Unrestricted`
`fund`
`£`
`25,412`
`6`
`25,418`
`8,761`
`4,212`
`12,973`
`12,445`
`132,517`
`144,962`|`2020`
`Total`
`funds`
`£`
`29,908`
`42`| |---|---|---| |||`29,950`
`12,737`
`4,337`| |||`17,074`| |||`12,876`
`119,641`| |||`132,517`| ``` The notes form part of these financial statements ``` ``` Page 4 ``` ## **`Yesterday, Today and Forever Church`** ## **`Balance Sheet 31 October 2021`** |`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`7`
**`CURRENT ASSETS`**
`Cash at bank and in hand`
**`CREDITORS`**
`Amounts falling due within one year`
`8`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`9`
`Unrestricted funds`
**`TOTAL FUNDS`**|`2021`
`Unrestricted`
`fund`
`£`
`62,524`
`83,235`
`(797)`
`82,438`
`144,962`
`144,962`
`144,962`
`144,962`|`2020`
`Total`
`funds`
`£`
`66,736`
`66,562`
`(781)`
`65,781`
`132,517`
`132,517`
`132,517`
`132,517`| |---|---|---| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477of the Companies Act 2006 for the year ended 31 October 2021. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatements for the year ended 31 October 2021 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(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.` ``` The notes form part of these financial statements ``` ``` continued... ``` ``` Page 5 ``` ## **`Yesterday, Today and Forever Church`** ``` Balance Sheet - continued 31 October 2021 ``` ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicable to charitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on 3 February 2022 and were signed on its behalf by: ``` ``` D W Measures (Chairman) - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 6 ``` ``` Yesterday, Today and Forever Church ``` ## **`Notes to the Financial Statements for the Year Ended 31 October 2021`** ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentity under FRS102,havebeenpreparedinaccordancewiththeCharitiesSORP(FRS 102) 'AccountingandReportingbyCharities:StatementofRecommendedPractice applicable tocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard applicableintheUKandRepublicofIreland(FRS102)(effective1January 2019)', FinancialReportingStandard102'TheFinancialReportingStandardapplicableinthe UK andRepublicofIreland'andtheCompaniesAct2006.Thefinancialstatements have been prepared under the historical cost convention. ``` ## **`Income`** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharity has entitlementtothefunds,itisprobablethattheincomewillbereceivedandthe amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalor constructive obligationcommittingthecharitytothatexpenditure,itisprobablethatatransfer of economicbenefitswillberequiredinsettlementandtheamountoftheobligationcan be measuredreliably.Expenditureisaccountedforonanaccrualsbasisandhas been classifiedunderheadingsthataggregateallcostrelatedtothecategory.Where costs cannotbedirectlyattributedtoparticularheadingstheyhavebeenallocatedto activities on a basis consistent with the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeach asset over its estimated useful life. ``` ``` Freehold property depreciated at 4% straight line. Freehold land is not depreciated. Plant & equipment depreciated at 25% reducing balance. ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesat the discretion of the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjects of thecharity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraised for particular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotes to the financial statements. ``` ``` continued... ``` ``` Page 7 ``` ``` Yesterday, Today and Forever Church ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 October 2021`** ## **`2. INVESTMENT INCOME`** |`Deposit account interest`
**`NET INCOME/(EXPENDITURE)`**
`Net income/(expenditure) is stated after charging/(crediting):`
`Depreciation - owned assets`|`2021`
`£`
`6`
`2021`
`£`
`4,212`|`2020`
`£`
`42`| |---|---|---| |||`2020`
`£`
`4,336`| ## **`3. NET INCOME/(EXPENDITURE)`** ## **`4. TRUSTEES' REMUNERATION AND BENEFITS`** ``` TheTrusteeswhoweredirectorsasdefinedbytheCompaniesAct2006received no remunerationduringtheyearto31stOctober2020orinthepreviousyearto 31st October 2019. ``` ## **`Trustees' expenses`** ``` Thetrusteesexpensesincurredinthelineoftheirdutieshavebeenreimbursedby the charity. ``` ## **`5. STAFF COSTS`** ``` The average monthly number of employees during the year was as follows: ``` ## **`6.`** ||`2021`|`2020`| |---|---|---| |`Administration`|`2`|`2`| |`No employees received emoluments in excess of £60,000.`||| |**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL`**|**`ACTIVITIES`**|| |||`Unrestricted`| |||`fund`| |||`£`| |**`INCOME AND ENDOWMENTS FROM`**||| |`Donations and legacies`||`29,908`| |`Investment income`||`42`| |**`Total`**||`29,950`| |**`EXPENDITURE ON`**||| |`Raising funds`||`12,737`| |`Other`||`4,337`| |**`Total`**||`17,074`| ``` continued... ``` ``` Page 8 ``` ## **`Yesterday, Today and Forever Church`** ## **`Notes to the Financial Statements - continued for the Year Ended 31 October 2021`** ## **`6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`** |**`NET INCOME`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED`**
**`FORWARD`**
**`7.`**
**`TANGIBLE FIXED ASSETS`**
**`COST`**
`At 1 November 2020 and`
`31 October 2021`
**`DEPRECIATION`**
`At 1 November 2020`
`Charge for year`
`At 31 October 2021`
**`NET BOOK VALUE`**
`At 31 October 2021`
`At 31 October 2020`|`Unrestricted`
`fund`
`£`
`12,876`
`119,641`
`132,517`
`Freehold`
`Plant and`
`property`
`machinery`
`Totals`
`£`
`£`
`£`
`95,939`
`12,299`
`108,238`
`30,700`
`10,802`
`41,502`
`3,838`
`374`
`4,212`
`34,538`
`11,176`
`45,714`
`61,401`
`1,123`
`62,524`
`65,239`
`1,497`
`66,736`| |---|---| ``` continued... ``` ``` Page 9 ``` ``` Yesterday, Today and Forever Church ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 October 2021`** ## **`8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Accrued expenses`
**`9.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as`
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
**`Comparatives for movement in funds`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At`
`1.11.20`
`£`
`132,517`
`132,517`
`follows:`
`Incoming`
`resources`
`£`
`25,418`
`25,418`
`At`
`1.11.19`
`£`
`119,641`
`119,641`|`2021`
`£`
`798`
`Net`
`movement`
`in funds`
`£`
`12,445`
`12,445`
`Resources`
`expended`
`£`
`(12,973)`
`(12,973)`
`Net`
`movement`
`in funds`
`£`
`12,876`
`12,876`|`2020`
`£`
`780`
`At`
`31.10.21`
`£`
`144,962`
`144,962`
`Movement`
`in funds`
`£`
`12,445`
`12,445`
`At`
`31.10.20`
`£`
`132,517`
`132,517`| |---|---|---|---| ``` continued... ``` ``` Page 10 ``` ``` Yesterday, Today and Forever Church ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 October 2021`** ## **`9. MOVEMENT IN FUNDS - continued`** ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`29,950`
`(17,074)`
`12,876`
`29,950`
`(17,074)`
`12,876`| |---|---| ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |`At`
`1.11.19`
`£`
**`Unrestricted funds`**
`General fund`
`119,641`
**`TOTAL FUNDS`**
`119,641`
`A current year 12 months and prior year 12 months combined `
`included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
`55,368`
**`TOTAL FUNDS`**
`55,368`|`Net`
`movement`
`At`
`in funds`
`31.10.21`
`£`
`£`
`25,321`
`144,962`
`25,321`
`144,962`
`net movement in fund`
`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(30,047)`
`25,321`
`(30,047)`
`25,321`| |---|---| ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementin funds, included in the above are as follows: ``` ``` continued... ``` ``` Page 11 ``` ``` Yesterday, Today and Forever Church ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 October 2021 ``` ## **`10. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31 October 2021. ``` ``` Page 12 ``` ## **`Yesterday, Today and Forever Church`** ## **`Detailed Statement of Financial Activities for the Year Ended 31 October 2021`** |**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Gifts & book sales`
`Gift aid`
**`Investment income`**
`Deposit account interest`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Raising donations and legacies`**
`Fundraising & publicity`
`Management & administration`
`Property improvements`
**`Other`**
`Freehold property`
`Plant and machinery`
`Total resources expended`
**`Net income`**|`2021`
`£`
`20,670`
`4,742`
`25,412`
`6`
`25,418`
`2,834`
`5,555`
`372`
`8,761`
`3,838`
`374`
`4,212`
`12,973`
`12,445`|`2020`
`£`
`23,849`
`6,059`| |---|---|---| |||`29,908`
`42`| |||`29,950`
`6,930`
`5,466`
`341`| |||`12,737`
`3,838`
`499`| |||`4,337`| |||`17,074`| |||`12,876`| ``` This page does not form part of the statutory financial statements ``` ``` Page 13 ```