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2021-08-31-accounts

Connect Church Maidstone

Report and Accounts Year ended 31 August 2021

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

CONNECT CHURCH MAIDSTONE

YEAR ENDED 31 AUGUST 2021

LEGAL & ADMINISTRATIVE DETAILS

ADDRESS FOR CORRESPONDENCE 1st Floor, MSCC Titchfield Road Maidstone Kent ME15 8FX GOVERNING DOCUMENT Trust Constitution adopted 12 March 2007 (as amended on 29 April 2019) CHARITY REGISTRATION NUMBER 1119213 TRUSTEES Leon Mileham Peter Farmer David Evans James Holland 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 2021

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 2021 CCM has one full time employee, and three part time employees.

CCM does fund occupational pension scheme through the government’s 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

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

T 07757 129136 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
£109,8_97_
Expenditure £92,414
Surplus/(Deficit) £1_7,482_

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 £25,000 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. In early 2021, the Church started meeting again in person within government guidelines, the church continues 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

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

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

T 07757 129136 E office@connectchurchmaidstone.org.uk

consequence, as at 30 Apr 2022 the church held approximately £14,000 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 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.

Report dated 23 June 2022

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

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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 2021 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: 23 June 2022

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CONNECT CHURCH MAIDSTONE

RECEIPTS AND PAYMENTS ACCOUNT

YEAR ENDED 31 AUGUST 2021

Unrestricted Funds
General Designated Restricted
Funds Funds Funds 2021 2020
Notes £ £ £ £ £
Income receipts
Donations 77,067 - 5,100 82,167 90,407
Government grants 1,221 - - 1,221 1,809
Other grants - - 2,955 2,955 -
Gift aid receipts 10,667 - 1,188 11,855 15,660
NIC refund from HMRC 11,197 - - 11,197 -
Interest - - 19 19 198
Other 483 - - 483 1,885
Total receipts 100,635 - 9,262 109,897 109,959
Payments
Payments in furtherance of the church's objectives
Direct costs 2 91,464 - 950 92,414 99,859
Total payments 91,464 - 950 92,414 99,859
Net
of
receipts
/
(payments) before
transfers 9,171 - 8,312 17,482 10,101
Transfers between funds - - - - -
Net movement in funds 9,171 - 8,312 17,482 10,101
Cash funds as at last year end 16,269 120,553 131,101 267,922 257,822
Cash funds at this year end A 25,439 120,553 139,413 285,405 267,922

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

6

CONNECT CHURCH MAIDSTONE

STATEMENT OF ASSETS AND LIABILITIES

YEAR ENDED 31 AUGUST 2021

A
Cash funds
Cash at bank with immediate access
Notice deposits
B
Other monetary assets
Gift aid due to charity
JRS Grant due for August
Overpaid hall hire
Estimated employers NIC refund due from HMRC
C
Liabilities
PAYE due
Accounts and Examination fee for 2019
Accounts and Examination fee for 2020
Accounts and Examination fee for 2021
Accrued charges
D
Assets retained for charity's own use
Music and PA equipment
Computers and IT
All liabilities fall due for settlement within one year.
General
Designated
funds
funds
£
£
25,439
120,552
-
-
25,439
120,552
4,112
-
-
-
-
-
-
-
4,112
-
676
-
-
-
1,170
-
1,110
-
2,233
-
5,279
-
Unrestricted Funds
Restricted
funds
£
72,437
66,976
139,413
225
-
-
-
225
-
-
-
-
-
-
2021
£
218,429

66,976
285,405
4,337
-
-
-
4,337
676
-
1,170
1,200
2,233
5,279
Fund to
which asset
belongs
General
General
2020
£
General
funds
£
25,439
-
25,439
4,112
-
-
-
4,112
676
-
1,170
1,110
2,233
5,279
200,953
66,969
267,922
1,089
606
5,220
9,000
15,915
930
1,020
1,170

-
-
3,120
Insurance
value
£
18,845
5,479
24,324

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: 23 June 2022

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

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CONNECT CHURCH MAIDSTONE

NOTES TO THE ACCOUNTS

YEAR ENDED 31 AUGUST 2021

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
Equipment
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)
General
Designated
funds
funds
£
£
50,219
-
17,424
-
3,048
-
800
-
2,657
-
6,801
-
10,515
-
91,464
-
2,275
-
1,200
-
2,000
-
5,040
-
10,515
-
Unrestricted Funds
Restricted
Funds
£
-
-
-
-
-
-
950
950
950
-
-
-
950
Total
2021
£
50,219

17,424
3,048

800
2,657

6,801

11,465
92,414
3,225

1,200

2,000

5,040

11,465
Total
2020
£
General
funds
£
50,219
17,424
3,048
800
2,657
6,801
10,515
91,464
2,275
1,200
2,000
5,040
10,515
49,899
23,701
2,898
2,130

-
5,141
16,090
99,859
8,650
1,200
1,200
5,040
16,090

8

CONNECT CHURCH MAIDSTONE

NOTES TO THE ACCOUNTS

YEAR ENDED 31 AUGUST 2021

4 Staff & Trustees

At the end of the year, the charity had one full time employee, and three part time employees. Leon Mileham, a trustee, was paid £36,750 (2020: £36,750) plus employer pension contributions of £915 (2020: £918) in his capacity as Minister as permitted by the governing documents.

Donna Farmer, wife of a trustee, was employed from April 2021 and paid £1,778 in her role as a CAP Debt Counsellor.

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
126,261
Financial Assistance Fund
2,660
CAP Client Gift Fund
2,180
Youth Activities Fund
-
Total Restricted
131,101
Unrestricted Funds
Designated funds
Financial Assistance Fund
29,710
Buildings Fund
87,352
Charity Fund
780
Care Fund
565
Little Steps
705
Outreach Fund
1,276
Women's Ministry Fund
164
120,552
General Funds
16,269
Total unrestricted
136,821
Total Funds
267,922
Receipts
£
19
6,288
-
2,955
9,262
-
-
-
-
-
-
-
-
100,635
100,635
109,897
Payments
£
-
(950)
-
-
(950)
-
-
-
-
-
-
-
-
(91,464)
(91,464)
(92,414)
Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Closing
Balance
£
126,281
7,998
2,180
2,955
139,413
29,710
87,352
780
565
705
1,276
164
120,552
25,439
145,992
285,405

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.

The Youth Activities fund is money for the setup and running of a new Youth Club in the Senacre area of Maidstone.

9