OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Charity registration number 1118740

Company registration number 06033909 (England and Wales)

HAILSHAM FRONTIERS CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

HAILSHAM FRONTIERS CHARITABLE TRUST

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees S Coltman
S Mewett
P Reah
J Caladine
N Joyes
Secretary S Coltman
Charity number 1118740
Company number 06033909
Principal address Christchurch
The Ropemaker Centre, Units G1 & G2
South Road
Hailsham
East Sussex
BN27 3GY
Registered office Chantry House
22 Upperton Road
Eastbourne
East Sussex
BN21 1BF
Independent examiner Rachel Taylor FCA
Acuity Professional Partnership LLP
Fifth Floor
11 Leadenhall Street
London
EC3V 1LP
Bankers HSBC
94 Terminus Road
Eastbourne
East Sussex
BN21 3ND

HAILSHAM FRONTIERS CHARITABLE TRUST

CONTENTS

Page
Trustees' report 1 - 4
Statement of Trustees' responsibilities 5
Independent examiner's report 6
Statement of financial activities 7
Statement of financial position 8
Notes to the financial statements 9 - 20

HAILSHAM FRONTIERS CHARITABLE TRUST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022

The Trustees present their annual report and financial statements for the year ended 31 March 2022.

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 Trust's Memorandum and Articles of Association, 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 objects of the trust continued to be that of communicating the Gospel of Jesus Christ and the teachings of the Bible in practical ways relevant to every generation.

Aims and purposes

ChristChurch Hailsham has continued its mission to reach Hailsham and the surrounding area through the proclamation and demonstration of the Christian faith. As a Church, we wholeheartedly embrace doctrines and beliefs historically held by evangelicals. We look to advance the Christian faith through evangelism, social action, education, relief of poverty and through ecumenical activities.

Public benefit

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Trust should undertake. The Trustees believe that the principle objects, aims and activities as described in this report provide adequate disclosure in accordance with the Charities Commission public benefit reporting requirements.

Achievements and performance

Church Life

During this year all the COVID restrictions were thankfully lifted from the church, and we were able to resume normal meetings. Some members have been slower at returning, and some so far have not come back, however over 75% of members are now back and there are many new faces and guests joining us.

ChristChurch has continued to build our online presence through the live streaming of our services, YouTube videos, online podcasts and blogs. Owen has been employed 3 days a week to solely work on Media, whilst a new Youth Worker, Emmy Bourne, has been appointed to run the Youth.

The church was able to run a successful Alpha Course in the Autumn with 16 people signed up and about 12 turning up regularly. Our winter Freedom In Christ course had 20 regular attendees. We started a weekly early-morning prayer meeting that is regularly attended by about 12 people. Our Hub events for retired people still proves to be very popular with over 40 people attending the monthly meeting.

Overseas trips have resumed with Simon being able to go out to Nairobi and work with the churches we connect with there. This conference was the first time many of the delegates had seen each other since COVID so it was a real joy for them to be together again. In the sovereignty of God the timing was perfect as the day the UK team returned was the day the Omricon variant was discovered and over the course of the next few days international travel was restricted.

Despite schools reopening we have continued to host the Child Immunisation service in our building as and when they needed to catch up with their immunisation programme.

Children’s Work

It has been great to resume in-person sessions with the children on Sunday mornings since COVID restrictions were removed. We started with the under-5s, many of whom had never attended any form of children’s work and had not interacted with anyone outside of their family in recent memory. With time, care and patience the children gradually settled and enjoyed these times, and parents were able to be fed spiritually while their children were similarly cared for. In September we began running groups for all ages under 11, teaching bible truths while encouraging the children to meet with God and have fun together. Topics have included “Like Jesus” looking at the life of Jesus and how a relationship with God shapes our character, and the Pilgrim’s Progress story.

HAILSHAM FRONTIERS CHARITABLE TRUST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

The mid-week Deeper group for years 5 and 6 has continued to be popular with these children. We have been working through some of the questions from the New City Catechism such as “What happens after death?” “How can I be saved?” “Who is the Holy Spirit?” This group have also undertaken social action projects including litter picking, and cleaning parts of the church, listened to visiting speakers, and had several fun social activities involving messy games and ice-creams.

During the Easter holidays we put together craft and activity packs for children to enjoy at home alongside recipe packs in conjunction with the foodbank. Over the Summer holidays members of the worship team ran singing workshops with primary aged children which were enjoyed. In the October, February and following Easter holidays we ran fun mornings for local families which were very well attended and involved bible stories, teaching, crafts and games.

Little Gems

In line with regulations at the time, we re-opened Little Gems and Baby Gems on a booking system. To enable us to maximise spaces for those who wanted to come, we opened two play spaces for two separate hourly bookings in the morning, and we ran a group for babies in the afternoons. This was tricky to manage and volunteers worked tirelessly to keep everything clean and comply with guideline. This followed on from the parent support group that we had managed to keep open before regulations were relaxed. In September the groups returned to a much more relaxed and familiar footing with anything between 40-50 families attending every Tuesday morning, and a good number of parents and new babies in the afternoons. Parents have appreciated us opening whenever we reasonably can and we have maintained good relationships with many local families. Sessions involve crafts, bible stories, singing and free play.

Play Therapy

Play Therapy services in a local school have involved working with five children on a weekly basis. Two children have received long-term support with significant issues that schools would not usually be in position to fund. This has also enabled us to make good relationships with the families of the children involved offering a listening ear when needed.

Youth

The Youth work is now back running at its full capacity as before, with young people coming back into the Christchurch building throughout the week.

Emmy has helped lead the Youth Work as a volunteer for 5 years and was the natural person to take the lead. The work continues to thrive under her leadership as she continues to build up the team of helpers.

Over the summer holidays we ran a programme which was the start of being able to meet face-to-face again – these activities included crazy golf and ice cream, an evening at Knock-Hatch and an evening walk along the Cuckoo trail to McDonalds. These events in the summer were an opportunity for the new members, who were starting secondary school in September, to come along and meet the group and the team. In addition, because New Day Festival didn’t run in 2021 but was online, the church was opened up to the youth to come along and watch the content on the big screen as well as mornings that were arranged such as ‘Bible + Bacon’ and ‘Worship + Waffles’.

Friday Night Youth returned in September with a lot of excitement and new faces. On Friday nights we see not only young people who regularly attend Sunday morning services, but young people who are not from Christian backgrounds who have been invited by word-of-mouth. It is a great space to build on relationships with all of the young people in a relaxed environment. Every Friday there is a ‘God Slot’ where for 5-10 minutes one of the leaders will speak to them as a collective group about the Bible, the gospel, church life and themes that run throughout Christianity.

Amazingly some of the young people who originally started coming only to Friday Nights now coming to our Sunday evening youth session. This is a youth life-group where we discuss the Bible, look into relevant cultural topics, have creative worship evenings and the occasional social too. These Sunday evenings started in January 2022 after being moved from Tuesday nights with the intention for them to eventually being solely run by the youth themselves including worship and hosting. It is here we have seen so much growth and stepping out amongst the young people, as well exploring spiritual gifts and building in their own confidence and their walks of faith.

HAILSHAM FRONTIERS CHARITABLE TRUST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

The Mentoring programme (Behavioural interventions) have been running on a Monday morning at Hailsham Community College weekly. Then on a Monday lunchtime, along with Hailsham Parish Church, we run a Christian Union (CU). Each week new faces attend the CU and some have now started coming along to Friday Nights.

This year finished with the Youth able to do the February Youth Retreat as in previous years prior to COVID, which the Youth thoroughly enjoyed, and youth from Uckfield were also able to join in with our young people.

Keys

The Hailsham KEYS Project continues to thrive post the challenges we faced during the COVID 19 pandemic. Following the 3 KEY principles to freedom from addiction (Spiritual, Community and Medical), Hailsham KEYS continues to offer assisted detox support in conjunction with the individual’s GP, support to connect with a recovery community and the wider church community and support to pursue spiritual freedom through a Christian 12-step recovery program and prayer ministry. We provide all aspects of support to individuals including stabilisation, detox, relapse prevention, recovery groups, befriender support and access to dedicated prayer & spiritual ministry.

This year we have provided support for over 20 individuals and often have in excess of 12 clients attending our support group each Monday evening at Ropemaker. We continue to receive referrals from a variety of sources (including the Internet, word of mouth and the Foodbank) and cover quite a wide catchment area including Heathfield, Seaford and Eastbourne. In June a number of the team, together with Si Fry, were invited to the Palace of Westminster to meet MP Fiona Bruce (the Prime Minister’s Special Envoy for Freedom of Religion or Belief) to let her know more about the work KEYS undertakes nationally.

We are currently operating with a team of 5 and looking to recruit further volunteer support in the near future. We are also exploring ways to develop a ‘Discipleship Hub’ for Church members with a heart to serve and disciple individuals as they start walking in their new life. It has been a real privilege to continue to witness members of the recovery group maintaining recovery as well as growing in their faith and becoming part of the wider church community.

FoodBank

In April 2021 the foodbank moved back to their new distribution centre in the town centre but continue to use Christchurch as the collection point for their Friday deliveries. Through seeing people face-to-face again the foodbank have been able to signpost people on to other groups within the church such as Little Gems, CMA, Keys and The Hub. Some recently retired church members have come on board to provide much needed help with driving the van for deliveries and collections from supermarkets. The financial, practical and prayerful support of the church is very much valued by the foodbank team.

CMA

As Covid restrictions ended we were able to hold refresher training for the remaining team members, and a few clients were taken on. This was boosted with funding from the Trussell Trust to enable the foodbank to fund a Debt Advisor. The post of Centre Administrator/Debt Advisor was filled from 1 March 2022 and as a result the centre is in full operation, working with a number of clients referred from the foodbank. The volunteer team support the Centre Administrator in her role although more volunteers will be needed as this work grows.

Looking Ahead

We approached the council to see if there were any refuges locally we could help settle into the community, and learned there was a family locally in need of such help. This led to us in October feeling it was right to start looking into Teaching English as a Foreign Language (TEFL). Just 4 days after Simon mentioned this we received in the post an invitation from Christian TEFL to get some TEFL training with 80% discount! 6 people signed up to the training, which 3 of them have nearly finished the training as of March 2022, and the others are hoping to finish by August ‘22. Obviously with the war in Ukraine and the coming of Ukrainians to the UK, we can really see God’s hand on the timing of this training and are hoping to set up English Lessons in the summer term of 2022.

The Pregnancy Crisis work that we hope to get started this year now has a start date of September 2022 and two of our members are currently doing a post-abortion and baby-loss counselling course. The work will be called Reflect - Crisis Pregnancy Care, and will be linked closely with the Hastings centre.

HAILSHAM FRONTIERS CHARITABLE TRUST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Financial review

The Trustees report a surplus for the year on general fund operations of £21,665 before transfers. The unrestricted funds at 31 March 2022 amounted to £549,795.

Reserves policy

It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to three months contractual expenditure calculated to be £40,000. The Trustees consider that reserves at this level will ensure that in the event of significant drop in funding they would be able to continue the Charity's activities whilst consideration was given to ways in which different funds may be raised.

Risk management

The Trustees have continued to assess the major risks to which the Charity is exposed and in particular safe guarding issues and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The charity is a company limited by guarantee and governed by a Memorandum and Articles of Association dated 20 December 2006.

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:

S Coltman S Mewett P Reah J Caladine N Joyes

None of the Trustees has any beneficial interest in the company. All of the Trustees are directors of the company and guarantee to contribute £1 in the event of a winding up.

Qualifying third party indemnity provisions

Trustees are appointed by the majority vote of members of the company in general meeting. Only candidates of sufficient spiritual maturity are appointed. Training and induction is applied as necessary.

The Trust is managed on a day to day basis by the church elders Mr S Fry, Mr R Williams, Mr T Simmons and Mr C Joyes together with support office and pastoral staff all who report to the Trustees who meet on a regular basis.

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

P Reah Trustee

7 October 2022

HAILSHAM FRONTIERS CHARITABLE TRUST

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2022

The Trustees, who are also the directors of Hailsham Frontiers Charitable Trust for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Trust and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Trust and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

HAILSHAM FRONTIERS CHARITABLE TRUST

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF HAILSHAM FRONTIERS CHARITABLE TRUST

I report to the Trustees on my examination of the financial statements of Hailsham Frontiers Charitable Trust (the Trust) for the year ended 31 March 2022.

Responsibilities and basis of report

As the Trustees of the Trust (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 Trust 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 Trust’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 Trust’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 The 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 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.

Rachel Taylor FCA

Acuity Professional Partnership LLP Fifth Floor 11 Leadenhall Street London EC3V 1LP

Dated: 12 October 2022

HAILSHAM FRONTIERS CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2022

Unrestricted
Restricted
funds
funds
2022
2022
Notes
£
£
Income from:
Donations and grants
3
221,208
46,788
Investments
4
5
-
Total income
221,213
46,788
Expenditure on:
Charitable activities
5
199,548
38,215
Net incoming resources
before transfers
21,665
8,573
Gross transfers between
funds
15
14,450
(14,450)
Net income/(expenditure) for
the year/
Net movement in funds
36,115
(5,877)
Fund balances at 1 April 2021
513,680
16,543
Fund balances at 31 March
2022
549,795
10,666		 Total Unrestricted
Restricted
funds
funds
2022
2021
2021
£
£
£
267,996
187,742
59,366
5
6
-
268,001
187,748
59,366
237,763
162,438
40,215
30,238
25,310
19,151
-
2,808
(2,808)
30,238
28,118
16,343
530,223
485,562
200
560,461
513,680
16,543		 Total
2021
£
247,108
6
247,114
202,653
44,461
-
44,461
485,762
530,223

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

HAILSHAM FRONTIERS CHARITABLE TRUST

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2022

Notes
Fixed assets
Property, Fixtures & Equipment
9
Current assets
Trade and other receivables
10
Cash at bank and in hand
Current liabilities
12
Net current assets/(liabilities)
Total assets less current liabilities
Non-current liabilities
13
Net assets
Income funds
Restricted funds
15
Unrestricted funds		 2022
£
£
743,654
10,792
44,696
55,488
(27,750)
27,738
771,392
(210,931)
560,461
10,666
549,795
560,461		 2021
£
£
753,174
8,713
44,817
53,530
(59,130)
(5,600)
747,574
(217,351)
530,223
16,543
513,680
530,223

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 2022.

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 7 October 2022

P Reah J Caladine Trustee Trustee

Company Registration No. 06033909

HAILSHAM FRONTIERS CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies

Charity information

Hailsham Frontiers Charitable Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is Chantry House, 22 Upperton Road, Eastbourne, East Sussex, BN21 1BF.

1.1 Accounting convention

The financial statements have been prepared in accordance with the Trust's Memorandum and Articles of Association, 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)". The Trust is a Public Benefit Entity as defined by FRS 102.

The Trust has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

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

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the date of this report, there exists some uncertainty regarding the potential impact of the Coronavirus and the economic consequences, both within the U.K. and overseas, which may result from government policies to contain the spread. The Church has maintained its level of income during these difficult days and we have therefore continued to use the going concern basis as appropriate in the preparation of these accounts.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.

The charity maintains an unrestricted general fund to oversee the day to day operations of the church. Special projects being part of the core work of the church are separated out within the internal accounting records of the Trust.

Restricted funds are used for specific purposes as laid down by the donor. Expenditure which meets this criteria is charged to the fund.

1.4 Income

Income is recognised when the Trust 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 Trust 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 Trust 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.

HAILSHAM FRONTIERS CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

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.

Resources are expended in the period in which they are incurred and allocated to the particular cost centre to which they relate.

1.6 Property, plant and equipment

Property, fixtures and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

The initial conversion costs of the freehold building from a warehouse to a building suitable for church related activities were written off against reserves in 2014/15, as per the opinion of the trustees this did not enhance the value of the building.

Phase 2 construction work was capitalised to the Balance Sheet together with the original cost.

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 basis:

Freehold Land & Buildings 2% on a straight line basis on the building element Fixtures and equipment Varying rate on a straight line basis

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.

With effect from 1 April 2020, only fixtures, fittings and equipment costing above £1,000 are capitalised.

1.7 Impairment of non-current assets

At each reporting end date, the Trust 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).

1.8 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.

HAILSHAM FRONTIERS CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies (Continued)

1.9 Financial instruments

The Trust 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 Trust's balance sheet when the Trust 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 trade and other receivables 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 trade and other payables 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.

Derecognition of financial liabilities

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

1.10 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 Trust is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the Trust’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.

HAILSHAM FRONTIERS CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

3 Donations and grants

Unrestricted
Restricted
funds
funds
2022
2022
£
£
Donations and gifts
215,410
46,788
Grants
5,798
-
221,208
46,788
Donations and gifts
Gifts and donations
181,477
3,677
Tax recoverable (on
regular offerings)
33,933
-
Gift days (including gift
aid)
-
43,111
215,410
46,788		 Total Unrestricted
Restricted
funds
funds
2022
2021
2021
£
£
£
262,198
187,742
59,366
5,798
-
-
267,996
187,742
59,366
185,154
159,333
3,201
33,933
28,409
-
43,111
-
56,165
262,198
187,742
59,366		 Total
2021
£
247,108
-
247,108
162,534
28,409
56,165
247,108

4 Investments

Interest receivable

Unrestricted Unrestricted
funds funds
2022 2021
£ £
5 6

HAILSHAM FRONTIERS CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

5 Charitable activities

Staff costs
Depreciation and impairment
Church activities
Gift Day allocation
Licenses and registrations
Training and ministry development
Rent of manse
Travelling expenses
Printing, postage and stationery
Mortgage interest
Gifts to organisations
Gifts to speakers
IT consumables
Special gifts
Share of support costs (see note 6)
Share of governance costs (see note 6)
Analysis by fund
Unrestricted funds
Restricted funds		 2022
£
102,023
9,521
15,763
29,537
1,283
3,209
14,400
1,447
3,108
9,382
7,747
1,200
1,363
2,190
202,173
32,170
3,420
237,763
199,548
38,215
237,763		 2021
£
90,798
9,521
13,242
6,090
1,179
2,750
14,400
1,000
3,310
10,965
7,147
900
1,278
12,200
174,780
24,353
3,520
202,653
162,438
40,215
202,653

HAILSHAM FRONTIERS CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

6 Support costs

Support
costs
Governance
costs
£
£
Staff costs
6,930
-
Service charge
2,893
-
Insurance
1,840
-
Advertising
335
-
Repairs and
maintenance (general)
4,925
-
Utilities
9,758
-
Telephone
1,292
-
Small equipment
1,663
-
Contractor costs
2,456
-
Sundry
78
-
Legal and professional
-
-
Accountancy and payroll
-
2,220
Independent examination
-
1,200
32,170
3,420
Analysed between
Charitable activities
32,170
3,420		 Total
2022
Support costs Governance
costs
£
£
£
6,930
8,220
-
2,893
2,620
-
1,840
1,815
-
335
355
-
4,925
2,349
-
9,758
7,576
-
1,292
1,207
-
1,663
136
-
2,456
-
-
78
75
-
-
-
40
2,220
-
2,160
1,200
-
1,320
35,590
24,353
3,520
35,590
24,353
3,520		 Total
2021
£
8,220
2,620
1,815
355
2,349
7,576
1,207
136
-
75
40
2,160
1,320
27,873
27,873

7 Trustees

Mrs E Reah, wife of Trustee Mr P Reah, was paid a salary of £16,049 (2021: £16,049) and pension contributions of £802 (2021: £802) during the year.

Professional fees of £2,220 (2021: £2,160) were paid to Caladine Ltd (a firm of which Mr J Caladine is a Director) for accounting and payroll services.

Salaries were paid of £19,605 (2021: £19,005) to C Joyes and £9,120 (2021: £9,120) to J Joyes being relatives of N Joyes, a Trustee.

Except as disclosed above, none of the Trustees (or any persons connected with them) received any remuneration or benefits from the Trust during the year.

There were aggregate donations by the Trustees and their spouses of £23,117 (2021: £22,222) to the Trust during the year.

HAILSHAM FRONTIERS CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

8 Employees

The average monthly number of full and part time employees during the year was:

Pastoral
Administration
Total
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2022
Number
6
1
7
2022
£
101,412
2,132
5,409
108,953		 2021
Number
6
1
7
2021
£
93,681
1,736
3,601
99,018

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

9 Property, Fixtures & Equipment

Property, Fixtures & Equipment
Freehold
Land &
Buildings
Fixtures and
equipment
£
£
Cost
At 1 April 2021
801,681
45,662
At 31 March 2022
801,681
45,662
Depreciation and impairment
At 1 April 2021
54,468
39,700
Depreciation charged in the year
8,017
1,504
At 31 March 2022
62,485
41,204
Carrying amount
At 31 March 2022
739,196
4,458
At 31 March 2021
747,213
5,961		 Total
£
847,343
847,343
94,168
9,521
103,689
743,654
753,174

HAILSHAM FRONTIERS CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

10 Trade and other receivables

Amounts falling due within one year:
Other Receivables (Gift Aid)
Prepayments and accrued income
Borrowings
Bank loans - secured
Other unsecured loans - Commercial
Payable within one year
Payable after one year		 2022
£
10,492
300
10,792
2022
£
227,206
-
227,206
16,275
210,931		 2021
£
8,016
697
8,713
2021
£
243,369
20,634
264,003
46,652
217,351

11 Borrowings

Notes

The HSBC bank loan of £350,000 commenced April 2013 repayable over twenty years at 3.75% over base rate per annum, secured by a legal charge over Unit G1 and G2, Ropemaker Park, Hailsham.

The Stewardship Services (UKET) Ltd unsecured loan of £50,000 commenced 13 October 2014 and was repayable over a 10 year period with interest charged at 5.5% per annum. The loan was repaid early in full in May 2021.

12 Current liabilities

Notes
Bank loans - secured
11
Other loans - unsecured
11
Other taxation and social security
Accruals and deferred income
Non-current liabilities
Notes
Bank loans - secured
11		 2022
£
16,275
-
1,699
9,776
27,750
2022
£
210,931		 2021
£
26,018
20,634
1,523
10,955
59,130
2021
£
217,351

13 Non-current liabilities

HAILSHAM FRONTIERS CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

14 Retirement benefit schemes

Defined contribution schemes

The Trust operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Trust in an independently administered fund.

The charge to profit or loss in respect of defined contribution schemes was £5,409 (2021 - £3,601).

c4*0 tsoo 0>￿0 Ln p) co o) ( (7) 10 ¢D¢DO mlno ¢D¢>O cry ( i (o

HAILSHAM FRONTIERS CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

16 Analysis of net assets between funds

Unrestricted Restricted
Total		 Unrestricted
Restricted
Restricted
Total
funds funds funds funds
2022 2022 2022 2021 2021 2021
£ £ £ £ £ £
Fund balances are represented by:
Property, plant and
equipment 743,654 - 743,654 736,631 16,543 753,174
Current assets/(liabilities) 17,072 10,666 27,738 (5,600) - (5,600)
Long term liabilities (210,931) - (210,931)
(217,351)		 - (217,351)
549,795 10,666 560,461 513,680 16,543 530,223

17 Financial commitments, guarantees and contingent liabilities

The Church has a rolling 3 month notice on the manse lease for the pastor.

18 Operating lease commitments

At the reporting end date the Trust had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within one year
Between two and five years		 2022
£
2,784
3,480
6,264		 2021
£
2,784
6,264
9,048

HAILSHAM FRONTIERS CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

19 Related party transactions

Remuneration of key management personnel

The remuneration of key management personnel (including wages and employers social security and pension contributions) is as follows.

2022 2021
£ £
Aggregate compensation 31,628 30,468

In addition to the aggregate compensation above rent was paid for manse accommodation of £14,400 (2021: £14,400)