Charity Registration Number: 1116645 Company Registration Number: 5677190
Sonrise Church
Trustees' Report and Accounts
For the year ended
31 March 2022
Sonrise Church Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees' report | 2 - 4 |
| Examiner's unqualified report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the accounts | 8 - 12 |
Sonrise Church Legal and administrative information
| Trustees | Mr G V Khan |
|---|---|
| Mr M D Jarvis | |
| Mrs H K A Harford | |
| Secretary | Mrs C R Khan |
| Charity Number | 1116645 |
| Company Number | 5677190 |
| Registered Office | St Peter & St Paul |
| St Peters Road | |
| St Leonards on Sea | |
| East Sussex | |
| TN37 6JG | |
| Charity Address | St Peter & St Paul |
| St Peters Road | |
| St Leonards on Sea | |
| East Sussex | |
| TN37 6JG | |
| Reporting Accountants | Maiden Accountancy Services |
| 95 Seaside Road | |
| Eastbourne | |
| E Sussex | |
| BN21 3PL | |
| Bankers | National Westminster Bank Plc |
| Hastings | |
| East Sussex |
Page 1
Sonrise Church Trustees' report
The trustees present their report and financial statements for the period ended 31 March 2022.
Governing Document
The organisation is a charitable company limited by guarantee. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being would up members are required to contribute an amount not exceeding £10.
Recruitment and Appointment of Trustees
The trustees look for persons of proven integrity who share the vision and objectives of the charity and who have the relevant wisdom and experience to contribute to the running of the charity. Under the requirements of the Memorandum and Articles of Association the Senior Pastor remains chairman of the charity. The remaining members retire by rotation.
Trustee Induction and Training
Each new trustee is provided with the relevant Charity Commission publications, a copy of the Memorandum and Articles of Association and at a meeting with the Chairman fully briefed on the operation of the company and the responsibility of the trustees.
Risk Management
The trustees are confident that the risks are kept to a minimum through strict financial control with regular reviews. The trustees consider that the main risk to the company would be a reduction in the size of the church membership or its ability and desire to give. This risk is managed through regular reporting of giving trends and active development of the growing vision.
Organisational Structure
The charity is based in St Leonards and works in the catchment area of Hastings and St Leonards. The trustees facilitate the work through regional house groups as well as through community based projects.
Objectives and Activities
The company's objectives and principal activities are:
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The advancement of the Christian Faith in accordance with the declaration of faith set out in the Memorandum and Articles of Association
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The advancement of education on the basis of Christian principles
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The relief of persons who are in conditions of need, hardship or distress, aged or sick.
These objectives are progressed through the various activities and departments in the life of the church, continuing to work increasingly within the community in which it is based.
Page 2
Sonrise Church Trustees' report (continued)
Report of Main Activities
This year saw the church consolidate itself in its premises at St Peter and Paul, Bohemia Road, St Leonards. Numbers are growing and the church has developed a lively childrens group.
During the year, the charity held regular worship meetings every Sunday, as well as the many activities during the week, such as youth meetings, prayer meetings, bible studies and visitation work
Financial Results and Future Activities
During the year the charitable company incurred a deficit on unrestricted funds of £5,450 (2021 - surplus of £1,624). There are surplus unrestricted funds of £4,429 available to carry forward to next year.
The organisation continues to opereate its church services and be an active participant in the spiritual and social needs of the community.
Voluntary Help and Gifts in Kind
The trustees are very grateful for the generous giving of the church members in terms of both finances and time. Without the free will of time by many members much of the work of the charitable company would not function.
Investment Policy
The trustees have power to make investments as they see fit.
Reserves Policy
The charity carries out a variety of projects. The trustees consider that it would be desirable to have a working reserve equivalent to six months expenditure. At the present time funds are fully utilised as they become available. The policy will be reviewed regularly.
Relations with other Organisations
The charity is a member of the Evangelical Alliance.
Public Benefit Statement
We confirm that, under the terms of Section 4 of the Charities Act, 2006, we have complied with our duty to have due regard to the public benefit guidance as published by the Charity Commission. All our charitable activities, highlighted in this report, are undertaken in furtherance of our charitable objects and for the public benefit.
Page 3
Sonrise Church Trustees' report (continued)
Trustees
Members of the Board of Trustees who served in office during the year and at the date of this report are set out on page 1.
Trustees responsibilities
The trustees are responsible for preparing the accounts in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its net income and expenditure for the year.
In preparing these accounts, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent; and
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the trust 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 which enable them to ensure that the accounts 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
On behalf of the board of trustees
Mr G V Khan Dated:
Page 4
Sonrise Church Examiner's unqualified report
Independent examiner’s report to the trustees of Sonrise Church
I report on the accounts of the charitable company for the year ended 31 March 2022 set out on pages 6 to 16.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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(i) examine the accounts under section 145 of the 2011 Act;
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(ii) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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(iii) to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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(a) to keep accounting records in accordance with section 386 of the Companies Act 2006; and
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(b) to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Steve Maiden, ACA 95 Seaside Road Eastbourne E Sussex, BN21 3PL
Dated:
Page 5
Sonrise Church Statement of Financial Activities Including Income and Expenditure Account For the year ended 31 March 2022
| Notes Incoming resources from generated funds Voluntary income Other income Total incoming resources 2 Resources expended Charitable activities Governance costs Total resources expended 3 Net income for the year Fund balances at 1 April Fund balances at 31 March |
Unrestricted Restricted funds funds 2022 £ 52,844 18,792 71,636 2,044 0 2,044 54,888 18,792 73,680 58,638 18,716 77,354 1,700 0 1,700 60,338 18,716 79,054 (5,450) 76 (5,374) 9,879 3,950 13,829 4,429 4,026 8,455 |
2021 £ 55,834 10,446 66,280 59,566 1,902 61,468 4,812 9,017 13,829 |
|---|---|---|
Page 6
Sonrise Church Balance sheet As at 31 March 2022
| Notes Fixed assets Tangible assets 8 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 9 Net current assets Net Assets Income funds Unrestricted funds 11 Restricted funds 11 |
2022 2022 £ £ 1,261 7,341 7,341 (147) 7,194 8,455 4,429 4,026 8,455 |
2021 2021 £ £ 1,681 12,294 12,294 (147) 12,147 13,828 9,879 3,950 13,829 |
|---|---|---|
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors’ responsibilities;
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i) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
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ii) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
The financial statements were approved by the board on
M D Jarvis G Khan Trustee Trustee
Page 7
Sonrise Church Notes to the accounts For the year ended 31 March 2022
1 Accounting policies
1.1 Basis of preparation
The financial statements are prepared under the historic cost convention and are in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
1.2 Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
1.3 Incoming resources
Voluntary income and donations are accounted for as received by the Charity. Grants are recognised in full in the Statement of Financial Activities in the period in which they are receivable.
1.4 Resources expended
Resources expended are recognised in the period in which they are incurred and allocated to the particular cost centre to which they relate. Resources include irrecoverable VAT.
Charitable activities expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.
Governance represents the strategic and legal costs of the charity.
1.5 Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided using the following rates and basis to reduce by annual instalments, the cost of the tangible assets over their estimated useful lives.
Office and sound equipment
25% Reducing balance method
Page 8
Sonrise Church Notes to the accounts For the year ended 31 March 2022
| 2 Incoming resources Incoming resources from generated funds Voluntary income Tithes, offerings and donations Income tax recovered Other income Covid 19 support received Total incoming resources 3 Resources expended Charitable activities Gifts and donations Rent & rates Buildings insurance Repairs & maintenance Light & heat Cleaning Covid 19 costs Sundry costs Advertising Staff costs Manse costs Motor and travel Hospitality and catering Camps and courses Welfare fund Cheeky cherubs Christmas expenses Equipment Licences and permits Postage, stationery and telephone Bank charges Subscriptions and sundries Resource costs Training Depreciation |
Unrestricted Restricted Total funds funds 2022 £ £ £ 44,841 18,792 63,633 8,003 0 8,003 52,844 18,792 71,636 2,044 0 2,044 54,888 18,792 73,680 0 0 0 1,050 0 1,050 6,708 0 6,708 4,260 16,996 21,256 1,247 0 1,247 434 0 434 7 0 7 1,446 0 1,446 798 0 798 25,985 0 25,985 11,400 0 11,400 47 0 47 460 0 460 0 664 664 0 1,056 1,056 171 0 171 85 0 85 133 0 133 352 0 352 779 0 779 348 0 348 1,800 0 1,800 513 0 513 195 0 195 420 0 420 58,638 18,716 77,354 |
Total 2021 £ 50,929 4,905 55,834 10,446 66,280 589 1,577 5,685 4,637 1,413 350 484 1,401 1,483 26,097 11,400 246 157 252 0 174 42 227 314 901 270 832 475 0 560 59,566 |
|---|---|---|
Page 9
Sonrise Church Notes to the accounts For the year ended 31 March 2022
| 1 Resources expended (continued) Governance Accountancy Trustee indemnity insurance Total resources expended |
Unrestricted Restricted Total funds funds 2022 £ £ £ 972 0 972 728 0 728 1,700 0 1,700 60,338 18,716 79,054 |
Total 2021 £ 948 954 1,902 61,468 |
|---|---|---|
4 Trustees
The following amounts were paid to or on behalf of trustees or related parties:
| Trustees in the year Glenn Khan (pastor) Related parties Catherine Khan (pastor) |
Salary Expenses Total £ £ £ 12,465 5,700 18,165 12,773 5,700 18,473 25,238 11,400 36,638 |
2021 £ 18,165 18,473 36,638 |
|---|---|---|
Expenses represent the cost of providing a manse for the pastors. The church rents a property owned by Mr & Mrs Khan for use as a manse. Otherwise, payments are for reimbursement of expenses.
5 Employees
| Pastoral Employment costs Wages and salaries |
2022 Number 2 2 2022 £ 25,985 |
2021 Number 2 2 2021 £ 26,097 |
|---|---|---|
There were no employees whose annual emoluments were £60,000 or more.
Page 10
Sonrise Church Notes to the accounts For the year ended 31 March 2022
6 Pension costs
The charity operates a defined contribution scheme for its employees. Contributions made to the scheme are recognised in the accounts in the period in which they are made.
7 Taxation
No corporation tax is payable on the results as Sonrise Church is a registered charity number 1116645.
8 Tangible fixed assets
| Cost As at 1 April 2021 and 31 March 2022 Depreciation As at 1 April 2021 Charge for year As at 31 March 2022 Net Book Value As at 31 March 2022 As at 1 April 2021 |
Office and sound equipment £ 18,867 17,186 420 17,606 1,261 1,681 |
Total £ 18,867 17,186 420 17,606 1,261 1,681 |
|---|---|---|
Page 11
Sonrise Church Notes to the accounts For the year ended 31 March 2022
9 Creditors: amounts falling due within one year
| Tax and social security Analysis of Net assets between funds Tangible fixed assets Current assets Current liabilities |
2022 £ 147 147 Restricted Unrestricted Funds Funds £ £ 0 1,261 4,026 3,315 0 (147) 4,026 4,429 |
2021 £ 147 147 Total Funds £ 1,261 7,341 (147) 8,455 |
|---|---|---|
10 Analysis of Net assets between funds
11 Fund balances
| Unrestricted funds General fund Restricted funds Youth offering Welfare Heating boiler Building fund |
Balance at 1 April Incoming Resources 2021 resources expended Transfers £ £ £ 9,879 54,888 (60,338) 0 1,700 33 (664) 0 2,250 964 (1,056) 0 0 16,984 (16,379) 0 0 811 (617) 0 3,950 18,792 (18,716) 0 |
Balance at 31 March 2022 £ 4,429 1,069 2,158 605 194 4,026 |
|---|---|---|
Page 12