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 2021
AIMS - Steve Hallett 22-24 James Street Cardiff CF10 5EX
Danescourt Christian Fellowship
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 8 |
Danescourt Christian Fellowship
Reference and Administrative Details
Trustees Peter Moreno Kim Tester Charity Registration Number 1122013 Company Registration Number 6395821
The charity is incorporated in the UK.
Registered Office DCF Church Frewer Avenue Cardiff CF5 3JY 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 2021.
Objectives and activities
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.
In Relation to Activities
-
Weekly meetings, open to all, were held throughout the year for Christian worship, prayer,
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• teaching and evangelism in our premises in Frewer Avenue, Fairwater, Cardiff, attracting between up to 25 people each week.
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Midweek fellowship meetings were held, again open to all, these were conducted via zoom..
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The church organised fund raising activities, with proceeds going to help the Ty Cariad Africa children's home in Uganda.
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The church continued to utilise the services of a pastor whose ministry involves pastoral care,
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• hospital visits, Bible teaching, leading Christian worship and administration, and representing the church in the community. This ended in May 2021 on the pastor’s retirement.
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The church continued to be a collection point for Cardiff Food bank, part of the Trussell Trust..
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The church held special Christmas and Easter services, with a more informal approach to church, and open to all.
In Relation to Finance
- The church continued to financially support the work of educational, missionary and Christian organisations both locally and around the world.
The annual report was approved by the trustees of the charity on 20 September 2022 and signed on its behalf by:
......................................... Peter Moreno Trustee
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Danescourt Christian Fellowship
Independent Examiner's Report to the trustees of Danescourt Christian Fellowship ("the Company")
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021.
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
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the accounts do not accord with those records; or
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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
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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
20 September 2022
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Danescourt Christian Fellowship
Statement of Financial Activities for the Year Ended 31 December 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and legacies 3 Investment income Total Income Expenditure on: Charitable activities 4 Governance costs Total Expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted £ 35,824 - 35,824 (19,247) (420) (19,667) 16,157 16,157 9,428 25,585 |
Total 2021 £ 35,824 - 35,824 (19,247) (420) (19,667) 16,157 16,157 9,428 25,585 |
Total 2020 £ 44,093 3 |
|---|---|---|---|
| 44,096 | |||
| (40,626) (420) |
|||
| (41,046) | |||
| 3,050 | |||
| 3,050 6,377 |
|||
| 9,427 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note .
The notes on pages 6 to 8 form an integral part of these financial statements. Page 4
Danescourt Christian Fellowship
(Registration number: 6395821) Balance Sheet as at 31 December 2021
| Note Current assets Cash at bank and in hand 8 Creditors: Amounts falling due within one year Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds |
2021 £ 26,005 (420) 25,585 25,585 25,585 |
2020 £ 9,848 (421) |
|---|---|---|
| 9,427 | ||
| 9,427 | ||
| 9,427 |
For the financial year ending 31 December 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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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
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements on pages 4 to 8 were approved by the trustees, and authorised for issue on 20 September 2022 and signed on their behalf by:
......................................... Peter Moreno Trustee
The notes on pages 6 to 8 form an integral part of these financial statements. Page 5
Danescourt Christian Fellowship
Notes to the Financial Statements for the Year Ended 31 December 2021
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: DCF Church Frewer Avenue Cardiff CF5 3JY
These financial statements were authorised for issue by the trustees on 20 September 2022.
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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
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.
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.
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Danescourt Christian Fellowship
Notes to the Financial Statements for the Year Ended 31 December 2021
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 discretion in furtherance of the objectives of the charity.
3 Income from donations and legacies
| Donations and legacies; Donations from individuals Total for 2021 Total for 2020 |
Unrestricted funds General £ 35,824 35,824 44,093 |
Total funds £ 35,824 |
|---|---|---|
| 35,824 | ||
| 44,093 |
4 Expenditure on charitable activities
| Pastoral Events Building costs Grants Insurance Subscriptions |
Activity undertaken directly £ 12,753 342 2,191 - 679 641 16,606 |
Grant funding of activity £ - - - 2,641 - - 2,641 |
2021 £ 12,753 342 2,191 2,641 679 641 19,247 |
2020 £ 35,197 60 1,632 2,623 661 453 |
|---|---|---|---|---|
| 40,626 |
In addition to the expenditure analysed above, there are also governance costs of £420 (2020 - £420) which relate directly to charitable activities. See note 5 for further details.
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Danescourt Christian Fellowship
Notes to the Financial Statements for the Year Ended 31 December 2021
5 Analysis of governance and support costs
Governance costs
| Independent examiner fees Examination of the financial statements Total for 2021 Total for 2020 |
Unrestricted funds General £ 420 420 420 |
Total funds £ 420 |
|---|---|---|
| 420 | ||
| 420 |
6 Trustees remuneration and expenses
During the year the charity made the following transactions with trustees:
Stephen Payne
Stephen Payne received remuneration of £12,753 (2020: £30,608) during the year.
Payment was in respect of pastoral services provided to the church and not in connection with his services as a trustee.
7 Taxation
The charity is a registered charity and is therefore exempt from taxation.
8 Cash and cash equivalents
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Cash at bank | 26,005 | 9,848 |
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