Directors/Trustees Report – 2020
In Relation to Activities
Pre-Covid
-
Weekly meetings, open to all, were held throughout the year for Christian worship, prayer, teaching and evangelism in our premises in Frewer Avenue, Fairwater, Cardiff, attracting between 20-50 people each week.
-
Midweek fellowship meetings were held, again open to all.
-
The church continued to utilise the services of a pastor whose ministry involves pastoral care, hospital visits, Bible teaching, leading Christian worship and administration, and representing the church in the community.
-
The church employed the services of a Children's worker, who established a weekly children's club.
-
The church ran a monthly coffee morning at a local Garden Centre open to all, but appealing especially to those of more mature years.
-
The church ran a weekly coffee morning ('Coffee & Co'), open to all, in the church, specifically targeting lonely and the elderly.
-
The Church ran a creativity group in the local library/hub called 'Meet and Make' to encourage creativity and social interaction. This service is provided free to all in the community.
-
The church ran a weekly babies/toddler group ('Bumps and Babies'), open to all, in the church, giving free support and friendship to carers/parents, and a fun time for the children attending.
-
The church continued to be a collection point for Cardiff Foodbank, part of the Trussell Trust.
-
The church managed its own website, and also Facebook community pages specifically aimed at encouraging those attending the 'Bumps and Babies' group and the 'Meet and Make' group.
Post Covid
-
The church established an internet presence through Facebook, WhatsApp and Zoom. Sunday and midweek fellowship services continued weekly via these streams at times of lock-down.
-
When lock-down was lifted the church held Sunday services initially in the church garden when possible, and inside later in the year. All events observed strict social distancing.
-
The church hosted a fund raising activity online, with proceeds going to help TEAR Fund.
-
The church held a special Christmas service with a more informal approach to church, which was also broadcast via Facebook.
In Relation to Finance
- The church continued to financially support the work of educational, missionary and Christian organisations both locally and around the world.
Company registration number: 6395821 Charity registration number: 1122013
Danescourt Christian Fellowship
(A company limited by guarantee) Annual Report and Financial Statements
for the Year Ended 31 December 2020
AIMS - Steve Hallett 22-24 James Street Cardiff CF10 5EX
Danescourt Christian Fellowship
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 10 |
Danescourt Christian Fellowship
Reference and Administrative Details
Trustees Stephen Payne Peter Moreno Other Officers Stephen Payne, Pastor Registered Office 9 Herbert March Close Danescourt Cardiff CF5 2TD The charity is incorporated in the UK. Company Registration Number 6395821 Charity Registration Number 1122013 Independent Examiner AIMS - Steve Hallett 22-24 James Street Cardiff CF10 5EX
Page 1
Danescourt Christian Fellowship
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 December 2020.
Objectives and activities
In Relation to Activities
Pre-Covid
-
Weekly meetings, open to all, were held throughout the year for Christian worship, prayer,
-
• teaching and evangelism in our premises in Frewer Avenue, Fairwater, Cardiff, attracting between 20-50 people each week.
-
Midweek fellowship meetings were held, again open to all.
-
The church continued to utilise the services of a pastor whose ministry involves pastoral care,
-
hospital visits, Bible teaching, leading Christian worship and administration, and representing the church in the community.
-
The church employed the services of a Children's worker, who established a weekly children's club.
-
The church ran a monthly coffee morning at a local Garden Centre open to all, but appealing especially to those of more mature years.
-
The church ran a weekly coffee morning ('Coffee & Co'), open to all, in the church, specifically targeting lonely and the elderly.
-
The Church ran a creativity group in the local library/hub called 'Meet and Make' to encourage creativity and social interaction. This service is provided free to all in the community.
-
The church ran a weekly babies/toddler group ('Bumps and Babies'), open to all, in the
-
• church, giving free support and friendship to carers/parents, and a fun time for the children attending.
-
The church continued to be a collection point for Cardiff Foodbank, part of the Trussell Trust.
-
The church managed its own website, and also Facebook community pages specifically
-
• aimed at encouraging those attending the 'Bumps and Babies' group and the 'Meet and Make' group.
Post Covid
-
The church established an internet presence through Facebook, WhatsApp and Zoom.
-
• Sunday and midweek fellowship services continued weekly via these streams at times of lock-down.
-
When lock-down was lifted the church held Sunday services initially in the church garden when possible, and inside later in the year. All events observed strict social distancing.
-
The church hosted a fund-raising activity online, with proceeds going to help TEAR Fund.
-
The church held a special Christmas service with a more informal approach to church, which was also broadcast via Facebook.
In Relation to Finance
- The church continued to financially support the work of educational, missionary and Christian organisations both locally and around the world.
Page 2
Danescourt Christian Fellowship
Trustees' Report
Public benefit
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Statement of Trustees' Responsibilities
The trustees (who are also the directors of Danescourt Christian Fellowship for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The annual report was approved by the trustees of the charity on 12 March 2021 and signed on its behalf by:
......................................... Stephen Payne Trustee
Page 3
Danescourt Christian Fellowship
Independent Examiner's Report to the trustees of Danescourt Christian Fellowship
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020 which are set out on pages 5 to 10.
Independent examiner’s statement
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:
-
accounting records were not kept in respect of Danescourt Christian Fellowship as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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 accounts to be reached.
...................................... Steve Hallett
22-24 James Street Cardiff CF10 5EX
12 March 2021
Page 4
Danescourt Christian Fellowship
Statement of Financial Activities for the Year Ended 31 December 2020 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and legacies 3 Investment income 4 Total Income Expenditure on: Charitable activities 5 Governance costs Total Expenditure Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted £ 44,093 3 44,096 (40,626) (420) (41,046) 3,050 3,050 6,377 9,427 |
Total 2020 £ 44,093 3 44,096 (40,626) (420) (41,046) 3,050 3,050 6,377 9,427 |
Total 2019 £ 35,849 11 |
|---|---|---|---|
| 35,860 | |||
| (39,719) (420) |
|||
| (40,139) | |||
| (4,279) | |||
| (4,279) 10,656 |
|||
| 6,377 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2019 is shown in note .
The notes on pages 7 to 10 form an integral part of these financial statements. Page 5
Danescourt Christian Fellowship
(Registration number: 6395821) Balance Sheet as at 31 December 2020
| Note Current assets Cash at bank and in hand 9 Creditors: Amounts falling due within one year Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds |
2020 £ 9,848 (421) 9,427 9,427 9,427 |
2019 £ 6,797 (420) |
|---|---|---|
| 6,377 | ||
| 6,377 | ||
| 6,377 |
For the financial year ending 31 December 2020 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements on pages 5 to 10 were approved by the trustees, and authorised for issue on 12 March 2021 and signed on their behalf by:
......................................... Stephen Payne Trustee
The notes on pages 7 to 10 form an integral part of these financial statements. Page 6
Danescourt Christian Fellowship
Notes to the Financial Statements for the Year Ended 31 December 2020
1 Charity status
The charity is limited by guarantee, incorporated in the UK, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: 9 Herbert March Close Danescourt Cardiff CF5 2TD The principal place of business is: 9 Herbert March Close Danescourt Cardiff CF5 2TD
These financial statements were authorised for issue by the trustees on 12 March 2021.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
Basis of preparation
Danescourt Christian Fellowship meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Page 7
Danescourt Christian Fellowship
Notes to the Financial Statements for the Year Ended 31 December 2020
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
3 Income from donations and legacies
| Donations and legacies; Donations from individuals Total for 2020 Total for 2019 4 Investment income Interest receivable and similar income; Interest receivable on bank deposits Total for 2020 Total for 2019 |
Unrestricted funds General £ 44,093 44,093 35,849 Unrestricted funds General £ 3 3 11 |
Total funds £ 44,093 |
|---|---|---|
| 44,093 | ||
| 35,849 | ||
| Total funds £ 3 |
||
| 3 | ||
| 11 |
Page 8
Danescourt Christian Fellowship
Notes to the Financial Statements for the Year Ended 31 December 2020
5 Expenditure on charitable activities
| Pastoral Events Building costs Grants Insurance Subscriptions |
Activity undertaken directly £ 35,197 60 1,632 - 661 453 38,003 |
Grant funding of activity £ - - - 2,623 - - 2,623 |
2020 £ 35,197 60 1,632 2,623 661 453 40,626 |
2019 £ 32,549 1,572 1,870 2,545 636 547 |
|---|---|---|---|---|
| 39,719 |
In addition to the expenditure analysed above, there are also governance costs of £420 (2019 - £420) which relate directly to charitable activities. See note 6 for further details.
6 Analysis of governance and support costs
Governance costs
| Independent examiner fees Examination of the financial statements Total for 2020 Total for 2019 |
Unrestricted funds General £ 420 420 420 |
Total funds £ 420 |
|---|---|---|
| 420 | ||
| 420 |
7 Trustees remuneration and expenses
During the year the charity made the following transactions with trustees:
Stephen Payne
Stephen Payne received remuneration of £30,608 (2019: £31,858) during the year.
Payment was in respect of pastoral services provided to the church and not in connection with his services as a trustee.
Page 9
Danescourt Christian Fellowship
Notes to the Financial Statements for the Year Ended 31 December 2020
8 Taxation
The charity is a registered charity and is therefore exempt from taxation.
9 Cash and cash equivalents
| 9 Cash and cash equivalents |
||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| Cash at bank | 9,848 | 6,797 |
Page 10
Company registration number: 6395821 Charity registration number: 1122013
Danescourt Christian Fellowship
(A company limited by guarantee) Annual Report and Financial Statements
for the Year Ended 31 December 2020
AIMS - Steve Hallett 22-24 James Street Cardiff CF10 5EX
Danescourt Christian Fellowship
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 10 |
Danescourt Christian Fellowship
Reference and Administrative Details
Trustees Stephen Payne Peter Moreno Other Officers Stephen Payne, Pastor Registered Office 9 Herbert March Close Danescourt Cardiff CF5 2TD The charity is incorporated in the UK. Company Registration Number 6395821 Charity Registration Number 1122013 Independent Examiner AIMS - Steve Hallett 22-24 James Street Cardiff CF10 5EX
Page 1
Danescourt Christian Fellowship
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 December 2020.
Objectives and activities
In Relation to Activities
Pre-Covid
-
Weekly meetings, open to all, were held throughout the year for Christian worship, prayer,
-
• teaching and evangelism in our premises in Frewer Avenue, Fairwater, Cardiff, attracting between 20-50 people each week.
-
Midweek fellowship meetings were held, again open to all.
-
The church continued to utilise the services of a pastor whose ministry involves pastoral care,
-
hospital visits, Bible teaching, leading Christian worship and administration, and representing the church in the community.
-
The church employed the services of a Children's worker, who established a weekly children's club.
-
The church ran a monthly coffee morning at a local Garden Centre open to all, but appealing especially to those of more mature years.
-
The church ran a weekly coffee morning ('Coffee & Co'), open to all, in the church, specifically targeting lonely and the elderly.
-
The Church ran a creativity group in the local library/hub called 'Meet and Make' to encourage creativity and social interaction. This service is provided free to all in the community.
-
The church ran a weekly babies/toddler group ('Bumps and Babies'), open to all, in the
-
• church, giving free support and friendship to carers/parents, and a fun time for the children attending.
-
The church continued to be a collection point for Cardiff Foodbank, part of the Trussell Trust.
-
The church managed its own website, and also Facebook community pages specifically
-
• aimed at encouraging those attending the 'Bumps and Babies' group and the 'Meet and Make' group.
Post Covid
-
The church established an internet presence through Facebook, WhatsApp and Zoom.
-
• Sunday and midweek fellowship services continued weekly via these streams at times of lock-down.
-
When lock-down was lifted the church held Sunday services initially in the church garden when possible, and inside later in the year. All events observed strict social distancing.
-
The church hosted a fund-raising activity online, with proceeds going to help TEAR Fund.
-
The church held a special Christmas service with a more informal approach to church, which was also broadcast via Facebook.
In Relation to Finance
- The church continued to financially support the work of educational, missionary and Christian organisations both locally and around the world.
Page 2
Danescourt Christian Fellowship
Trustees' Report
Public benefit
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Statement of Trustees' Responsibilities
The trustees (who are also the directors of Danescourt Christian Fellowship for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The annual report was approved by the trustees of the charity on 12 March 2021 and signed on its behalf by:
......................................... Stephen Payne Trustee
Page 3
Danescourt Christian Fellowship
Independent Examiner's Report to the trustees of Danescourt Christian Fellowship
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020 which are set out on pages 5 to 10.
Independent examiner’s statement
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:
-
accounting records were not kept in respect of Danescourt Christian Fellowship as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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 accounts to be reached.
...................................... Steve Hallett
22-24 James Street Cardiff CF10 5EX
12 March 2021
Page 4
Danescourt Christian Fellowship
Statement of Financial Activities for the Year Ended 31 December 2020 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and legacies 3 Investment income 4 Total Income Expenditure on: Charitable activities 5 Governance costs Total Expenditure Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted £ 44,093 3 44,096 (40,626) (420) (41,046) 3,050 3,050 6,377 9,427 |
Total 2020 £ 44,093 3 44,096 (40,626) (420) (41,046) 3,050 3,050 6,377 9,427 |
Total 2019 £ 35,849 11 |
|---|---|---|---|
| 35,860 | |||
| (39,719) (420) |
|||
| (40,139) | |||
| (4,279) | |||
| (4,279) 10,656 |
|||
| 6,377 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2019 is shown in note .
The notes on pages 7 to 10 form an integral part of these financial statements. Page 5
Danescourt Christian Fellowship
(Registration number: 6395821) Balance Sheet as at 31 December 2020
| Note Current assets Cash at bank and in hand 9 Creditors: Amounts falling due within one year Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds |
2020 £ 9,848 (421) 9,427 9,427 9,427 |
2019 £ 6,797 (420) |
|---|---|---|
| 6,377 | ||
| 6,377 | ||
| 6,377 |
For the financial year ending 31 December 2020 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements on pages 5 to 10 were approved by the trustees, and authorised for issue on 12 March 2021 and signed on their behalf by:
......................................... Stephen Payne Trustee
The notes on pages 7 to 10 form an integral part of these financial statements. Page 6
Danescourt Christian Fellowship
Notes to the Financial Statements for the Year Ended 31 December 2020
1 Charity status
The charity is limited by guarantee, incorporated in the UK, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: 9 Herbert March Close Danescourt Cardiff CF5 2TD The principal place of business is: DCF Church Frewer Avenue Cardiff CF5 3JY
These financial statements were authorised for issue by the trustees on 12 March 2021.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
Basis of preparation
Danescourt Christian Fellowship meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Page 7
Danescourt Christian Fellowship
Notes to the Financial Statements for the Year Ended 31 December 2020
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
3 Income from donations and legacies
| Donations and legacies; Donations from individuals Total for 2020 Total for 2019 4 Investment income Interest receivable and similar income; Interest receivable on bank deposits Total for 2020 Total for 2019 |
Unrestricted funds General £ 44,093 44,093 35,849 Unrestricted funds General £ 3 3 11 |
Total funds £ 44,093 |
|---|---|---|
| 44,093 | ||
| 35,849 | ||
| Total funds £ 3 |
||
| 3 | ||
| 11 |
Page 8
Danescourt Christian Fellowship
Notes to the Financial Statements for the Year Ended 31 December 2020
5 Expenditure on charitable activities
| Pastoral Events Building costs Grants Insurance Subscriptions |
Activity undertaken directly £ 35,197 60 1,632 - 661 453 38,003 |
Grant funding of activity £ - - - 2,623 - - 2,623 |
2020 £ 35,197 60 1,632 2,623 661 453 40,626 |
2019 £ 32,549 1,572 1,870 2,545 636 547 |
|---|---|---|---|---|
| 39,719 |
In addition to the expenditure analysed above, there are also governance costs of £420 (2019 - £420) which relate directly to charitable activities. See note 6 for further details.
6 Analysis of governance and support costs
Governance costs
| Independent examiner fees Examination of the financial statements Total for 2020 Total for 2019 |
Unrestricted funds General £ 420 420 420 |
Total funds £ 420 |
|---|---|---|
| 420 | ||
| 420 |
7 Trustees remuneration and expenses
During the year the charity made the following transactions with trustees:
Stephen Payne
Stephen Payne received remuneration of £30,608 (2019: £31,858) during the year.
Payment was in respect of pastoral services provided to the church and not in connection with his services as a trustee.
Page 9
Danescourt Christian Fellowship
Notes to the Financial Statements for the Year Ended 31 December 2020
8 Taxation
The charity is a registered charity and is therefore exempt from taxation.
9 Cash and cash equivalents
| 9 Cash and cash equivalents |
||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| Cash at bank | 9,848 | 6,797 |
Page 10