**Draft Financial Statements at 08 March 2023 at 14:28:33 CHRIST CHURCH COMMUNITY TRUST** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31 DECEMBER 2022** The Trustees present their report and financial statements for the year ended 31 December 2022. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity's Deed of Trust, the Charities Act 2011 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)” (as amended for accounting periods commencing from 1 January 2019). ## **Objectives and activities** Under the terms of the Deed of Trust the Trustees are empowered to raise funds and apply the funds of the Charity and any income thereof for the maintenance of the fabric of Christ Church Kensington and to promote and raise funds for other activities of benefit to the local community centred on the church. The Trustees paid due regard to guidance issued by the Charity Commission in deciding what activities the trust should undertake. ## **Achievements and performance** Christ Church Community Trust continues to receive and hold funds raised for the maintenance and enhancement of the buildings and gardens of Christ Church Kensington through regular subscriptions, grants and other fundraising activities. The Trust had aggregate cash balances of £92,879 as at 31 December 2022. The Trustees have had regard to the guidance issued by the Charity Commission on public benefit. ## **Financial review** The Trustees review the level of its free reserves regularly to ensure that the Charity would be able to continue the current activities in the event of a significant drop in funding. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the receipt of refund. ## **Plans for the Future** Christ Church Community Trust’s objective is to continue the work first started as the Friends of Christ Church Kensington; to raise funds and apply them for the maintenance of the buildings and surroundings of Christ Church Kensington for the benefit of the local community centred on the church. The Trust's plans for fundraising in the short-term are to continue raising funds through regular annual donations, specific fundraising activities and ad-hoc grant applications. Christ Church Community Trust aims to organise one substantial fundraising event in 2022, in the summer months, on a similar scale to that organised in December 2019. The Trustees have been discussing ideas for what would be appropriate. Christ Church Community Trust will also consider submitting specific applications to relevant grant giving bodies in terms of specific projects relating to projects relating to the building and immediate surroundings of Christ Church Kensington that meet its charitable objectives and for which it is likely to make grants. The Trust will continue to co-operate with other entities, such as Christ Church Kensington, to the extent appropriate in terms of the making of such applications. ## **Structure, governance and management** The Trust was constituted by the Deed of Trust dated 7 March 2007 and Deed of Amendment dated 22 September 2013. The trustees who served during the year and up to the date of signature of the financial statements were: Mr S Down (chairman) (Resigned 1 October 2022) Mr J A F Purchas (Resigned 1 October 2022) Ms R J Winkler Ms J Dalton - 1 - **Draft Financial Statements at 08 March 2023 at 14:28:33 CHRIST CHURCH COMMUNITY TRUST** ## **TRUSTEES' REPORT (CONTINUED)** ## **FOR THE YEAR ENDED 31 DECEMBER 2022** Ms O Ni Chionna Mr H M Langmuir Ms L Easton (Resigned 1 October 2022) Ms L Cepuch In accordance with the Deeds of Trust and Amendment the Trustees may appoint new and additional Trustees and re-appoint Trustees by a resolution of the Trustees passed at a Trustees' meeting. There shall be at least three but no more than nine Trustees. The Trustees are required to retire by rotation every three years and may only hold office for a maximum continuous term of nine years. ## **Risk review** The Trustees have examined the major strategic and operational risks which the Charity faces. These are kept under review at regular Trustees' meetings at which appropriate reports are presented to keep such risks to the minimum. The Trustees' report was approved by the Board of Trustees. .............................. ## **Mr S Down (chairman)** Dated: ......................... .............................. ## **Mr J Purchas (treasurer)** Dated: ......................... - 2 - Charlty reglstration number 1119877 CHRIST CHURCH COMMUNITY TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 CHRIST CHURCH COMMUNITY TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Ms J Dalton Ms O Ni Chionna Mr H M Langmulr Ms L Easton Ms L Cepuch M Vorbach (Appoinled 14 September 20221 (Appointed 1 Oclober 20221 N Cline Charity number 1119877 Prlnclpal address clo Chrlsl Church Kensington Victoria Road London W8 5RQ Accountants Carter Backer Winler LLP 66 Prescol Street London E18NN Bankers National Westminster Bank PIC 55 Kensington High Streel London W8 5ZG CHRIST CHURCH COMMUNITY TRUST CONTENTS Page Trustees, r6port Independtsnl 8xaminerfs report Slalement of financlal aclivilies Balance sheet Notes to Ihe financial stalemenis CHRIST CHURCH COMMUNITYTRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 The Tiusleès present their report and financial slalemenls for the year ended 31 December 2022. The accounts have been prepared in accordance with the a¢¢ounling policies sel oul in note 1 to the a¢¢ounls and comply with the Charily's Deed of Trust, the Charities A¢1 2011 and 'AccoiJnling and Reporting by Charities.. Statement of Recomrnended Practice applicable lo charities preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of lleland IFRS 1021" las amended lor accounting periods commencing from l January 2019). Oblèctlves and actlvltles Under the terms of Ihe Deed of Trust the Trustees are empowered lo raise funds and apply the funds of the Charity and any income Ihereof for Ihe maintenance of Ihe fabric of Christ Church Kensington and lo promote and raise funds for olher activities of benefit lo the local ¢ommunily cenlred on Ihe church. The Truslees paid due regard to guidance Issued by the Charity Commission in deciding whal aclivilies the trust should undertake. Achievements and performance Chrisl Church Community Trusl continues lo rèceive and hold funds raised lor the maintenance and enhancement of the buildings and gardens of Christ Church Kensington through regular subscriptions. grants and olher lundraising a¢livities. The Trust had aggregale cash balances of £92,880 as al 31 December 2022. The Trustees have had regard lo the guld8nce issued by the Charity Commission on public benefit. Fin8nclal review The Trustees review the level of ils fr&e reseNes regulady lo ensure that the Charlly would be able lo conlinue the current activities in the event of a significanl drop in funding. Income lax recoverable in relation lo donalions received under Gift Aid or deeds of ¢ovenant is reco9nlséd at the time of the re￿Ipt of relund. Plans for the Future Christ Church Communily Trust's objective is to conlinue the work first started as the Friends of Christ Church Kènsington.. lo raise lun(Ss and apply them for the maintenanc8 of Ihe buildings and surroundings of Christ Church Kensington for the benefit of the lo¢al ¢ommunily cenlred on Ihe church. The Trust's plans for the future are lo continue raising funds through ils regular annual giving program (Business Reserve Account) and through specific fundraising aclivilies and ad-hoc grant applications. The Trust organlzed a subslanlial fundraising Opera event in 2022. Looking ahtsad, the Trust plans lo organize a larger event in 2024. Al the nèxt meeting in April. dls¢ussions of dales and actlvilies will be held, e.g. the Coronation in May. 11 was agreed that the Trust Should plan lor a 'fundraislng campaign" largel8d on the Tower ralhor than a series of ad ho¢ events. Therefore, major fundraising efforts will be for the Tower and Garden Project. Discussions are in progress with the Church archilect on the cuirenl status of the condilion of the Tower and ostimated costs and timlng of required repair. There may also be grant-giving bodies focused on histori¢ buildings and the preservation ol parish churches we can turn lo specifically for the Tower. For other funding needs for Ihe upkeep of Ihe building and gardens, it was agreed lo lequesl a contact Ilsl for polenlial grants from Brian Eifick the Vioar of Christ Church. For Ihese. the Trust will consider submitting applications to the relevant orant giving bodies for those projects relating lo the specific mainltsnance requirements for the building an(f immediate surroundings of Chrisl Church KensSnglon. The Trust will ¢ontinue to co-operate wilh other enlilles, such as Christ Church Kensington. lo the exlenl appropriate in terms of the making of SLJch applications. Structure, govornance and managèm&nt CHRIST CHURCH COMMUNITY TRUST TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2022 The Trust was constiluted by the Deed of Trust dated 7 March 2007 and De8d ofAmendmenl dated 22 September 2013. The trustees who served during the year and up to the dale of signatur$ of the financial slalemenls were.. Mr S Down Ichairmanl (Resigned l October 20221 Mr J A F Pur¢has (Resigned 1 October 20221 Ms R J Winkler (Resigned l Oclob8r 20221 Ms J Dalton Ms O Ni Chionna Mi H M Langmui Ms L Easton Ms L Cepuch M Vorbach N Cllne (Appointed 14 September 20221 {Appointed 1 October 20221 In accordan¢e with the Deeds of Trust and Amendment thè Truslees may appolnl new and addilion81 Truslees and re-appoint Trustees by a resolution of the Trustees passed al a Trustees, meeting. There shall be al least three bul no more than nine Trustees. The Trustees are required to retire by rolalion every three yoars and may only hold office for a maximum conlinuous term of nine years. Rlsk review The Trustees have examined the major strategic and operational risks which the Charity faces. These are kept under review al regular Tiuslees, moelings al which appropiiate reports are presented lo keep such risks to Ihe minimum. The ees, report was appioved by the Board of TTuslèes. M Lang uir alrmanl Dated.. >3 Ms L Easton ITreasur8rl CHRIST CHURCH COMMUNITY TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHRIST CHURCH COMMUNITY TRUST I reporf to Ihe Iruslees on my examination of thé financial slalemenls of Christ Church Communily Trust Ilhe trust) for Ihe year ended 31 December 2022. Responslbllillès and basis of report As the trustees of Ihe trust you are responsible for Ihe preparation of the financial statements in accordan with thè requirements of th8 Charities Act 2011 {Ihe 2011 Act). I report in respect of my examination of the trust's linan¢ial statements cairied out under section 145 of the 2011 Act. In carrying out my examination I have followéd all the applicable Directions given by the Charity Commission under section 14515llbl ol the 2031 Act. Independent examlnar's statement Your allenlion is drawn lo the fact that the charity has prepared financial slalements in accordance with Accouiilin9 and Reporiing by Charities preparing their 8¢¢ounts in accordanco with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) in preferen¢e lo the Accounling and Reporting by Charities.. Slalemenl of Recommended Pracliee issued on 1 April 2005 which is r8feired lo in the exlanl regulallons but has now been withdrawn. understand Ihat this has been done in order for financial statements lo provide a true and fair view in accordan¢e with Generally Accepted Accounting Pra¢ll¢e effective for reportlng periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no mallers have come lo my allenlion in connection with the examination glvlng me cause lo believe that in any material rospecl-. accounting records were not kept in respect of the trusl as required by section 130 of the 2011 Act.. or the financial slalements do not accord with those records.. or the financial statements do not comply with the applicable requirements concèrning Ihe form and content of accounts set oul in the Gharilles (Accounts and Reports) Regulations 2008 olher than any requirement that the a¢¢ounts give a true and fair view which is not a matter considered as part ol an independent exarninalion. the financial slalemenis have not been pr8p8r8d in accordanco wSlh the methods and principles of tha Statement of Recommended Practice for a¢¢ounling and reporting by charities applicable to charilies preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no ¢on¢erns and have Come across no other mallers in connection with Ihe exarninallon to whic altenlion should be awn in this report in order lo enable 8 proper understanding of the financial statemenis to be reached. Carter Backer Winter LLP 66 Prescot Street London E1 8NN Daled.. CHRIST CHURCH COMMUNITY TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022 2022 2021 Notes Income from.. Donallons and legacies Investmenl income 32,726 133 7,787 Total Incom• 32.859 7,793 Ex enditure on.. Charitable activities 2,749 1,200 Net Income for the yearl Net movement in funds 30,110 6.593 Fund balances at 1 January 62.298 55,705 Fund balan¢8s at 31 December 92,408 62.298 The sla(ement of financial activities includos all gains and losses recognis8d in the year. All income and expendilure derive from continuing acliv51i6s. CHRIST CHURCH COMMUNITY TRUST BALANCE SHEET AS AT 31 DECEMBER 2022 2022 2021 Notes Current assets Deblors Cash al bank and in hand 2.278 92,880 63.498 95,158 63,498 Creditors: amounts falling due wlthln one year 2.750 1,200 Nel current asseis 92,408 62.298 Income funds Unrgslricled funds 92,408 62.298 92,408 62,298 The accounts were approved by the Iruslees and aulhoris8d for issue on behalf by. and ar9 signed on ils M Langmuir Trustee CHRIST CHURCH COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accountlng policies Company information Chrlsl Church Community Trust Is a ¢harlly located in Kensin9lon and Cholsea. The registered office is do Christ Church Kensinton. Victoria Road, London, W8 5RQ. 1.1 Accounting ¢onv8ntion The linan¢ial statements have been prepared in accordance with the charity's Deed of Trust, (he Charities Act 2011 Ènd "Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (effective l January 20191" The charily is a Public Benefit Enlily as defined by FRS 102. The charity has taken advantag8 of the provisions in the SORP for charities applying FRS 102 Update Bull$lin 1 not to prepare a Slalemenl of Cosh Flows. The a¢¢ounls have departed from the Charities (Accounls and Reports) Regulallons 2008 only lo the extent required lo provide a true and fair view. This departure has involved following the Statement of Recommended Praclioe for charities applying FRS 102 rather than the version of the Slalement ol Recommended Practica which Is referred to in the Regulations bul which has since been withdrawn. The financial stolements are prepared in sleiling, which is the functional currency of the trust. Monetary amounts in these financial statements are rounded lo the nearest £. The accounts have been prepared on the historical cost convention. The principal accounting policies adopted are sel out below. 1.2 Charitable funds Unreslii¢led funds are availab18 for use al the discretion of Ihe Iruslees in furtherance of their charitable oble¢llves. 1.3 In¢omlng resources Income is recognised when the Irust is legally enlilled lo il after any performance conditions hava been met, Ihe amounts can be measured ¥eliably, and il is probable that Income will be received. Cash donations ar8 r8cognised on receipt. Other donations are recognised once the trust has been nolified of Ihe donation. unless performan￿ conditions require del&rral of the amount. Income lax re¢ov6rable in relation lo donations received under Gilt Aid or deeds of covenant is recognised al the lime of Ihts receipl of refund. Legacies ara reeognised on receipt or olhelwlsts if the trust has been notified of on Impending dislribulion, the arllounl Is known, and receipt is expe¢ted.11 the amount is not known. the lega¢y Is treated as a conlingenl asset. CHRIST CHURCH COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Accountlng policles IContlt)u&dl 1.4 Resourcès expended Liabililies are recognised as expendiluTe as Soon 8s there is a legal or conslruclive obligation commS11ing Ihe charity lo that expenditure. il is probable that selllamènl will be required and the amount of the obllgallon can be measured reliably. All expenditure is accounted for on an 8￿r￿alS basis. All expenses, including support costs and governance costs. are allocated or apportioned to the appli¢able expenditure headings in the 51alemenl ol financial aclivilies. The Charity has no paid staff. Donations and legacies Unrestrlcted funds Total 2022 2021 Donallons. sponsorshSps and gifts 32,726 7.787 Investment income Unrestrl¢ted Unrestricted funds funds 2022 2021 Inta￿st le￿Ivable 133 CHRIST CHURCH COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2022 Charltable activities Grant Other costs fullding Total 2021 Chafilable expenditure Share of gov8rnan¢e costs {see nole 51 2,750 2.750 1.200 2,750 2,749 1.200 Analysis by fund Unreslricled funds 2.750 2,749 2,750 2.749 For the year ended 31 December 2021 Unreslricled funds 1,200 1.200 1.200 1.200 Support costs Support Governance costs costs 2022 2021 Accountancy fees 2,750 2,750 1.200 2.750 2,750 1.200 Analysed belween Charitable activities 2,750 2,750 1.200 Tru$toès None of the Iruslees (or any persons connected with them) recelved any iemuneralion or expenses durlng the year. Employees The average rnonlhly number of employees during the year was.. 2022 Number 2021 Numbèr Total CHRIST CHURCH COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Dèblors 2022 2021 Amounts falllng due wlthln one year.. Trade deblors 2.278 Creditors: amounts falling due within one year 2022 2021 Accruals and deferred income 2,750 1.200 10 Related party transactions There were no disclosable relaled party transactions during Ihe year {2021 nonel- 11 Related parties One of the primary purposes of the Trust is lo prolecl and enhance the fabric and gardtrns of Christ Church Kensington and as such there is a direct relationship with this organisalion. The Trust's bookkeeping and some administration is performed by Christ Church Kenslnglon volunteer staff, free of charge lo the Trust. Charlty reglstration number 1119877 CHRIST CHURCH COMMUNITY TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 CHRIST CHURCH COMMUNITY TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Ms J Dalton Ms O Ni Chionna Mr H M Langmulr Ms L Easton Ms L Cepuch M Vorbach (Appoinled 14 September 20221 (Appointed 1 Oclober 20221 N Cline Charity number 1119877 Prlnclpal address clo Chrlsl Church Kensington Victoria Road London W8 5RQ Accountants Carter Backer Winler LLP 66 Prescol Street London E18NN Bankers National Westminster Bank PIC 55 Kensington High Streel London W8 5ZG CHRIST CHURCH COMMUNITY TRUST CONTENTS Page Trustees, r6port Independtsnl 8xaminerfs report Slalement of financlal aclivilies Balance sheet Notes to Ihe financial stalemenis CHRIST CHURCH COMMUNITYTRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 The Tiusleès present their report and financial slalemenls for the year ended 31 December 2022. The accounts have been prepared in accordance with the a¢¢ounling policies sel oul in note 1 to the a¢¢ounls and comply with the Charily's Deed of Trust, the Charities A¢1 2011 and 'AccoiJnling and Reporting by Charities.. Statement of Recomrnended Practice applicable lo charities preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of lleland IFRS 1021" las amended lor accounting periods commencing from l January 2019). Oblèctlves and actlvltles Under the terms of Ihe Deed of Trust the Trustees are empowered lo raise funds and apply the funds of the Charity and any income Ihereof for Ihe maintenance of Ihe fabric of Christ Church Kensington and lo promote and raise funds for olher activities of benefit lo the local ¢ommunily cenlred on Ihe church. The Truslees paid due regard to guidance Issued by the Charity Commission in deciding whal aclivilies the trust should undertake. Achievements and performance Chrisl Church Community Trusl continues lo rèceive and hold funds raised lor the maintenance and enhancement of the buildings and gardens of Christ Church Kensington through regular subscriptions. grants and olher lundraising a¢livities. The Trust had aggregale cash balances of £92,880 as al 31 December 2022. The Trustees have had regard lo the guld8nce issued by the Charity Commission on public benefit. Fin8nclal review The Trustees review the level of ils fr&e reseNes regulady lo ensure that the Charlly would be able lo conlinue the current activities in the event of a significanl drop in funding. Income lax recoverable in relation lo donalions received under Gift Aid or deeds of ¢ovenant is reco9nlséd at the time of the re￿Ipt of relund. Plans for the Future Christ Church Communily Trust's objective is to conlinue the work first started as the Friends of Christ Church Kènsington.. lo raise lun(Ss and apply them for the maintenanc8 of Ihe buildings and surroundings of Christ Church Kensington for the benefit of the lo¢al ¢ommunily cenlred on Ihe church. The Trust's plans for the future are lo continue raising funds through ils regular annual giving program (Business Reserve Account) and through specific fundraising aclivilies and ad-hoc grant applications. The Trust organlzed a subslanlial fundraising Opera event in 2022. Looking ahtsad, the Trust plans lo organize a larger event in 2024. Al the nèxt meeting in April. dls¢ussions of dales and actlvilies will be held, e.g. the Coronation in May. 11 was agreed that the Trust Should plan lor a 'fundraislng campaign" largel8d on the Tower ralhor than a series of ad ho¢ events. Therefore, major fundraising efforts will be for the Tower and Garden Project. Discussions are in progress with the Church archilect on the cuirenl status of the condilion of the Tower and ostimated costs and timlng of required repair. There may also be grant-giving bodies focused on histori¢ buildings and the preservation ol parish churches we can turn lo specifically for the Tower. For other funding needs for Ihe upkeep of Ihe building and gardens, it was agreed lo lequesl a contact Ilsl for polenlial grants from Brian Eifick the Vioar of Christ Church. For Ihese. the Trust will consider submitting applications to the relevant orant giving bodies for those projects relating lo the specific mainltsnance requirements for the building an(f immediate surroundings of Chrisl Church KensSnglon. The Trust will ¢ontinue to co-operate wilh other enlilles, such as Christ Church Kensington. lo the exlenl appropriate in terms of the making of SLJch applications. Structure, govornance and managèm&nt CHRIST CHURCH COMMUNITY TRUST TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2022 The Trust was constiluted by the Deed of Trust dated 7 March 2007 and De8d ofAmendmenl dated 22 September 2013. The trustees who served during the year and up to the dale of signatur$ of the financial slalemenls were.. Mr S Down Ichairmanl (Resigned l October 20221 Mr J A F Pur¢has (Resigned 1 October 20221 Ms R J Winkler (Resigned l Oclob8r 20221 Ms J Dalton Ms O Ni Chionna Mi H M Langmui Ms L Easton Ms L Cepuch M Vorbach N Cllne (Appointed 14 September 20221 {Appointed 1 October 20221 In accordan¢e with the Deeds of Trust and Amendment thè Truslees may appolnl new and addilion81 Truslees and re-appoint Trustees by a resolution of the Trustees passed al a Trustees, meeting. There shall be al least three bul no more than nine Trustees. The Trustees are required to retire by rolalion every three yoars and may only hold office for a maximum conlinuous term of nine years. Rlsk review The Trustees have examined the major strategic and operational risks which the Charity faces. These are kept under review al regular Tiuslees, moelings al which appropiiate reports are presented lo keep such risks to Ihe minimum. The ees, report was appioved by the Board of TTuslèes. M Lang uir alrmanl Dated.. >3 Ms L Easton ITreasur8rl CHRIST CHURCH COMMUNITY TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHRIST CHURCH COMMUNITY TRUST I reporf to Ihe Iruslees on my examination of thé financial slalemenls of Christ Church Communily Trust Ilhe trust) for Ihe year ended 31 December 2022. Responslbllillès and basis of report As the trustees of Ihe trust you are responsible for Ihe preparation of the financial statements in accordan with thè requirements of th8 Charities Act 2011 {Ihe 2011 Act). I report in respect of my examination of the trust's linan¢ial statements cairied out under section 145 of the 2011 Act. In carrying out my examination I have followéd all the applicable Directions given by the Charity Commission under section 14515llbl ol the 2031 Act. Independent examlnar's statement Your allenlion is drawn lo the fact that the charity has prepared financial slalements in accordance with Accouiilin9 and Reporiing by Charities preparing their 8¢¢ounts in accordanco with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) in preferen¢e lo the Accounling and Reporting by Charities.. Slalemenl of Recommended Pracliee issued on 1 April 2005 which is r8feired lo in the exlanl regulallons but has now been withdrawn. understand Ihat this has been done in order for financial statements lo provide a true and fair view in accordan¢e with Generally Accepted Accounting Pra¢ll¢e effective for reportlng periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no mallers have come lo my allenlion in connection with the examination glvlng me cause lo believe that in any material rospecl-. accounting records were not kept in respect of the trusl as required by section 130 of the 2011 Act.. or the financial slalements do not accord with those records.. or the financial statements do not comply with the applicable requirements concèrning Ihe form and content of accounts set oul in the Gharilles (Accounts and Reports) Regulations 2008 olher than any requirement that the a¢¢ounts give a true and fair view which is not a matter considered as part ol an independent exarninalion. the financial slalemenis have not been pr8p8r8d in accordanco wSlh the methods and principles of tha Statement of Recommended Practice for a¢¢ounling and reporting by charities applicable to charilies preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no ¢on¢erns and have Come across no other mallers in connection with Ihe exarninallon to whic altenlion should be awn in this report in order lo enable 8 proper understanding of the financial statemenis to be reached. Carter Backer Winter LLP 66 Prescot Street London E1 8NN Daled.. CHRIST CHURCH COMMUNITY TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022 2022 2021 Notes Income from.. Donallons and legacies Investmenl income 32,726 133 7,787 Total Incom• 32.859 7,793 Ex enditure on.. Charitable activities 2,749 1,200 Net Income for the yearl Net movement in funds 30,110 6.593 Fund balances at 1 January 62.298 55,705 Fund balan¢8s at 31 December 92,408 62.298 The sla(ement of financial activities includos all gains and losses recognis8d in the year. All income and expendilure derive from continuing acliv51i6s. CHRIST CHURCH COMMUNITY TRUST BALANCE SHEET AS AT 31 DECEMBER 2022 2022 2021 Notes Current assets Deblors Cash al bank and in hand 2.278 92,880 63.498 95,158 63,498 Creditors: amounts falling due wlthln one year 2.750 1,200 Nel current asseis 92,408 62.298 Income funds Unrgslricled funds 92,408 62.298 92,408 62,298 The accounts were approved by the Iruslees and aulhoris8d for issue on behalf by. and ar9 signed on ils M Langmuir Trustee CHRIST CHURCH COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accountlng policies Company information Chrlsl Church Community Trust Is a ¢harlly located in Kensin9lon and Cholsea. The registered office is do Christ Church Kensinton. Victoria Road, London, W8 5RQ. 1.1 Accounting ¢onv8ntion The linan¢ial statements have been prepared in accordance with the charity's Deed of Trust, (he Charities Act 2011 Ènd "Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (effective l January 20191" The charily is a Public Benefit Enlily as defined by FRS 102. The charity has taken advantag8 of the provisions in the SORP for charities applying FRS 102 Update Bull$lin 1 not to prepare a Slalemenl of Cosh Flows. The a¢¢ounls have departed from the Charities (Accounls and Reports) Regulallons 2008 only lo the extent required lo provide a true and fair view. This departure has involved following the Statement of Recommended Praclioe for charities applying FRS 102 rather than the version of the Slalement ol Recommended Practica which Is referred to in the Regulations bul which has since been withdrawn. The financial stolements are prepared in sleiling, which is the functional currency of the trust. Monetary amounts in these financial statements are rounded lo the nearest £. The accounts have been prepared on the historical cost convention. The principal accounting policies adopted are sel out below. 1.2 Charitable funds Unreslii¢led funds are availab18 for use al the discretion of Ihe Iruslees in furtherance of their charitable oble¢llves. 1.3 In¢omlng resources Income is recognised when the Irust is legally enlilled lo il after any performance conditions hava been met, Ihe amounts can be measured ¥eliably, and il is probable that Income will be received. Cash donations ar8 r8cognised on receipt. Other donations are recognised once the trust has been nolified of Ihe donation. unless performan￿ conditions require del&rral of the amount. Income lax re¢ov6rable in relation lo donations received under Gilt Aid or deeds of covenant is recognised al the lime of Ihts receipl of refund. Legacies ara reeognised on receipt or olhelwlsts if the trust has been notified of on Impending dislribulion, the arllounl Is known, and receipt is expe¢ted.11 the amount is not known. the lega¢y Is treated as a conlingenl asset. CHRIST CHURCH COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Accountlng policles IContlt)u&dl 1.4 Resourcès expended Liabililies are recognised as expendiluTe as Soon 8s there is a legal or conslruclive obligation commS11ing Ihe charity lo that expenditure. il is probable that selllamènl will be required and the amount of the obllgallon can be measured reliably. All expenditure is accounted for on an 8￿r￿alS basis. All expenses, including support costs and governance costs. are allocated or apportioned to the appli¢able expenditure headings in the 51alemenl ol financial aclivilies. The Charity has no paid staff. Donations and legacies Unrestrlcted funds Total 2022 2021 Donallons. sponsorshSps and gifts 32,726 7.787 Investment income Unrestrl¢ted Unrestricted funds funds 2022 2021 Inta￿st le￿Ivable 133 CHRIST CHURCH COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2022 Charltable activities Grant Other costs fullding Total 2021 Chafilable expenditure Share of gov8rnan¢e costs {see nole 51 2,750 2.750 1.200 2,750 2,749 1.200 Analysis by fund Unreslricled funds 2.750 2,749 2,750 2.749 For the year ended 31 December 2021 Unreslricled funds 1,200 1.200 1.200 1.200 Support costs Support Governance costs costs 2022 2021 Accountancy fees 2,750 2,750 1.200 2.750 2,750 1.200 Analysed belween Charitable activities 2,750 2,750 1.200 Tru$toès None of the Iruslees (or any persons connected with them) recelved any iemuneralion or expenses durlng the year. Employees The average rnonlhly number of employees during the year was.. 2022 Number 2021 Numbèr Total CHRIST CHURCH COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Dèblors 2022 2021 Amounts falllng due wlthln one year.. Trade deblors 2.278 Creditors: amounts falling due within one year 2022 2021 Accruals and deferred income 2,750 1.200 10 Related party transactions There were no disclosable relaled party transactions during Ihe year {2021 nonel- 11 Related parties One of the primary purposes of the Trust is lo prolecl and enhance the fabric and gardtrns of Christ Church Kensington and as such there is a direct relationship with this organisalion. The Trust's bookkeeping and some administration is performed by Christ Church Kenslnglon volunteer staff, free of charge lo the Trust.