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2020-08-31-accounts

Connect Church Maidstone

Report and Accounts Year ended 31 August 2020

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

CONNECT CHURCH MAIDSTONE

YEAR ENDED 31 AUGUST 2020

LEGAL & ADMINISTRATIVE DETAILS

ADDRESS FOR CORRESPONDENCE GOVERNING DOCUMENT

1st Floor, MSCC Titchfield Road Maidstone Kent ME15 8FX

Trust Constitution adopted 12 March 2007 (as amended on 29 April 2019)

CHARITY REGISTRATION NUMBER 1119213 TRUSTEES Simon Nunn (until 31 December 2019) Leon Mileham Peter Farmer David Evans (from 1 January 2020) James Holland (from 1 January 2020) Jane Shankar (from 31 January 2021) BANKERS

Royal Bank of Scotland, Maidstone Barclays Bank PLC, Kent

INDEPENDENT EXAMINER

Mary Evans Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

INDEX

Page 1 Legal & Administrative Details Pages 2-4 Trustees' Report Page 5 Independent Examiner's Report Page 6 Receipts and Payments Account Page 7 Statement of Assets & Liabilities Pages 8-9 Notes to the Accounts

1

1st Floor, MSCC Titchfield Road, Maidstone Kent ME16 8XY

T 07757 129136 E office@connectchurchmaidstone.org.uk

Annual report for the year ending 31[st] August 2020

Registered Charity No. 1119213

Purpose

Organisation

Nationally a member of the Evangelical Alliance.

In the south east it is a member of Synergy Alliance.

Locally is a part of Maidstone Churches Together.

CCM has its own team of elders who meet on regular basis on church and charity matters.

CCM meet in a hired hall at the Maidstone Skills and Community Centre (MSCC), it also has a rented office at MSCC and occasionally uses other rented premises for its various activities.

Staffing

As of 31[st] August 2020 CCM has one full time employee, and two part time employees.

CCM does fund occupational pension scheme through the governments workplace pension scheme, this started in November 2016.

All other work carried out on behalf of CCM is on a voluntary basis.

In January 2020, James Holland and David Evans were appointed to the board of Trustees. In January 2021, Jane Shankar was appointed to the board of Trustees.

Activities during the year

Registered Office: 1st Floor, MSCC, Titchfield Road. Maidstone, Kent. ME15 8FX Registered Charity Number: 1119213

2

1st Floor, MSCC Titchfield Road, Maidstone T 07757 129136 Kent ME16 8XY E office@connectchurchmaidstone.org.uk

In planning the activities the Elders/Trustees have had regard to the guidance issued by the Charities Commission on public benefit.

Financial Review

Financial Review
Incoming
resources
£109,959
Expenditure £99,859
Surplus/(Deficit) £10,100

Grants

CCM is committed to the aid of overseas Christian workers and supports Friends of Helper in Tanzania.

In Maidstone CCM regularly gives to local charities.

CCM also made gifts to CAP clients and to various members of its congregation.

Reserves

It is an agreed principle that at least three months cash reserves in hand should be kept in CCM’s current account. This is kept under periodic review. 3 months running costs are approximately £25,000, at the end of the financial year, there was approximately £16,000 in unrestricted cash reserves, with the Trustees able to reassign designated funds should the need occur.

When the COVID-19 pandemic started to impact the UK in March 2020, the Trustees immediately repurposed money from the designated building fund into a Financial Assistance Fund, and members of the church also contributed towards this fund. A number of grants have been paid to various individuals and families to support them financially since the fund started.

As with all other churches, the charity has been impacted by COVID-19. Church meetings have ceased and the church has operated online. Cash flow has not been severely affected because of a slight increase in giving combined with a reduction in rent payments. As a consequence, as at 28 Feb 2022 the church held approximately £39000 of unrestricted funds held for general purposes.

Risk Management

The Elders/Trustees of CCM meet on a regular basis and receive regular reports and financial statements detailing the opportunities and risks that CCM faces. This

Registered Office: 1st Floor, MSCC, Titchfield Road. Maidstone, Kent. ME15 8FX Registered Charity Number: 1119213

3

1st Floor, MSCC Titchfield Road, Maidstone Kent ME16 8XY

T 07757 129136 E office@connectchurchmaidstone.org.uk

enables them to plan or curtail activities accordingly making judgements and estimates that are reasonable and prudent.

CCM has suitable accounting standards and policies which are applied consistently. Financial statements are prepared on an ongoing basis. At the end of each accounting year records are produced which give a true and fair view of the state of the affairs of the church, disclosing with reasonable accuracy the financial position of CCM, whilst protecting assets and taking reasonable steps to detect fraud or any other irregularities, thereby complying with the Charities Act 2011.

CCM has an operational Safeguarding Policy to ensure that children, young people, vulnerable adults and workers are protected at all times. This is kept under constant review.

Signed by,

Peter Farmer

Elder/Trustee, on behalf of all the Elders/Trustees of CCM.

Date: 04 May 2022

Registered Office: 1st Floor, MSCC, Titchfield Road. Maidstone, Kent. ME15 8FX Registered Charity Number: 1119213

4

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

CONNECT CHURCH MAIDSTONE

I report to the trustees on my examination of the accounts of Connect Church Maidstone ('the charity') for the year ended 31 August 2020 on pages 6 to 9 following.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and 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

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in accordance with section 130 of the 2011 Act; or 2. the accounts do not accord with the accounting records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mary Evans

Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

Date: 05 May 2022

5

CONNECT CHURCH MAIDSTONE

RECEIPTS AND PAYMENTS ACCOUNT

YEAR ENDED 31 AUGUST 2020

Unrestricted Funds
General Designated Restricted
Funds Funds Funds 2020 2019
Notes £ £ £ £ £
Income receipts
Donations 87,747 - 2,660 90,407 62,786
Government grants 1,809 - - 1,809 -
Gift aid receipts 15,660 - - 15,660 13,295
Income from charitable activities - - - - 157
Interest - - 198 198 224
Other 1,885 - - 1,885 909
107,102 - 2,858 109,959 77,371
Capital and similar receipts
Share of proceeds from property sale - - - - 79,446
- - - - 79,446
Total receipts 107,102 - 2,858 109,959 156,817
Payments
Payments in furtherance of the church's objectives
Direct costs 2 99,859 - - 99,859 100,579
Total payments 99,859 - - 99,859 100,579
Net
of
receipts
/
(payments)
before
transfers (7,243) - 2,858 10,101 (56,239)
Transfers between funds (4,710) 2,530 2,180 - -
Net movement in funds (2,533) 2,530 5,038 10,101 (56,239)
Cash funds as at last year end 13,736 118,023 126,064 257,822 201,583
Cash funds at this year end A 16,269 120,553 131,101 267,922 257,822

The notes on pages 8 - 9 form part of these accounts.

6

CONNECT CHURCH MAIDSTONE

STATEMENT OF ASSETS AND LIABILITIES

YEAR ENDED 31 AUGUST 2020

A
Cash funds
Cash at bank with immediate access
Notice deposits
B
Other monetary assets
Gift aid due to charity
Unbanked cash at year-end
JRS Grant due for August
Overpaid hall hire
Estimated employers NIC refund due from HMRC
C
Liabilities
PAYE due
Accounts and Examination fee for 2018
Accounts and Examination fee for 2019
Accounts and Examination fee for 2020
Accrued charges
D
Assets retained for charity's own use
All liabilities fall due for settlement within one year.
A
Cash funds
Cash at bank with immediate access
Notice deposits
B
Other monetary assets
Gift aid due to charity
Unbanked cash at year-end
JRS Grant due for August
Overpaid hall hire
Estimated employers NIC refund due from HMRC
C
Liabilities
PAYE due
Accounts and Examination fee for 2018
Accounts and Examination fee for 2019
Accounts and Examination fee for 2020
Accrued charges
D
Assets retained for charity's own use
All liabilities fall due for settlement within one year.
General
Designated
funds
funds
£
£
16,269
120,552
-
-
16,269
120,552
589
-
-
-
606
-
5,220
-
9,000
-
15,415
-
930
-
-
-
1,020
-
1,170
-
-
-
3,120
-
Unrestricted Funds
Restricted
funds
£
64,132

66,969
131,101
500
-
-
-
-
500
-
-
-
-
-
-
2020
£
200,953
66,969
267,922
1,089
-
606
5,220

9,000
15,915
930
-
1,020
1,170
-

3,120
2019
£
General
funds
£
16,269
-
16,269
589
-
606
5,220
9,000
15,415
930
-
1,020
1,170
-
3,120
190,954
66,867
257,822
2,045
1,236
-
-
6,000
9,281
930
1,050

1,020
-
1,887
4,887
Music and PA equipment
Computers and IT
Fund to
which asset
belongs
General
General
Insurance
value
£
18,845
5,463
24,308
ets retained for charity's own use
Fund to Insurance
which asset value
belongs £
Music and PA equipment General 18,845
Computers and IT General 5,463
24,308

The trustees have used insurance values as an approximation for current values.

The accounts were approved by the trustees and signed on their behalf by:

Peter Farmer

Date: 04 May 2022

The notes on pages 8 - 9 form part of these accounts.

7

CONNECT CHURCH MAIDSTONE

NOTES TO THE ACCOUNTS

YEAR ENDED 31 AUGUST 2020

1 Accounting policies

The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

2
Direct costs
Employment costs (Note 4)
Hall Hire
Insurance & subscriptions
Ministry expenses
General expenses
Grants, Gifts & Donations (see Note 3)
3
Grants, Gifts & Donations paid
Individuals:
Personal gifts / hardship payments
Overseas mission
Institutions:
Friends of Helper
Mission Aviation Fellowship (MAF)
Others < £1,000
General
Designated
funds
funds
£
£
49,899
-
23,701
-
2,898
-
2,130
-
5,141
-
16,090
-
99,859
-
8,650
-
1,200
-
1,200
-
5,040
-
-
-
16,090
-
Unrestricted Funds
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
Total
2020
£
49,899
23,701
2,898
2,130
5,141
16,090
99,859
8,650
1,200
1,200
5,040
-
16,090
Total
2019
£
General
funds
£
49,899
23,701
2,898
2,130
5,141
16,090
99,859
8,650
1,200
1,200
5,040
-
16,090
48,603
23,864
3,489
1,240
9,802
13,582
100,579
6,142
1,200
1,200
5,040
-
13,582

8

CONNECT CHURCH MAIDSTONE

NOTES TO THE ACCOUNTS

YEAR ENDED 31 AUGUST 2020

4 Staff & Trustees

At the end of the year, the charity had one full time employee, and two part time employees. Leon Mileham, a trustee, was paid £36,750 (2019: £36,554) plus employer pension contributions of £918 (2019: £918) in his capacity as Minister as permitted by the governing documents.

Other than direct reimbursements of expenses made on behalf of the charity, no amounts were paid or are payable to any trustee or to any person connected to them.

5 Movement of Funds

Opening
Balance
£
Restricted funds
Building Fund
126,064
Financial Assistance Fund
-
CAP Client Gift Fund
-
Total Restricted
126,064
Unrestricted Funds
Designated funds
Financial Assistance Fund
-
Buildings Fund
112,352
CAP
2,180
Charity Fund
780
Care Fund
565
Little Steps
705
Outreach Fund
1,276
Women's Ministry Fund
164
118,022
General Funds
13,736
Total unrestricted
131,758
Total Funds
257,822
Receipts
£
198

2,660
-
2,858
-
-
-
-
-
-
-
-
-
107,102
107,102

109,959
Payments
£
-

-
-

-
-
-
-
-
-
-
-
-
-
(99,859)
(99,859)
(99,859)
Transfers
£
-
-
2,180
2,180
29,710
(25,000)
(2,180)
-

-
-
-
-
2,530
(4,710)
(2,180)
-
Closing
Balance
£
126,261
2,660
2,180
131,101
29,710
87,352
-
780
565

705

1,276
164
120,552
16,269
136,821
267,922

The Building Fund (restricted) is money held for the future purchase of a building.

The Financial Assistance Fund (restricted) is money held to support those in financial hardship.

The CAP Client Gift Fund is money held for the specific needs of CAP clients.

9