CHRIST CHURCH HAYWARDS HEATH Report and Accounts year ended 31 December 2022 Page 1 P8ge 2 CHRIST CHURCH HAYWARDS HEATH FOR THE YEAR ENDED 31 DECEMBER 2022 COMPANY INFORMATION DirectorslTrustees S Collinglon (resigned 28th Decetnber 20221 M Field lappoinled 26th Seplemb8r 20221 S Holloway N Jones (resigned 30th Jun& 20221 G Nicho115 S Nicholls N Severs C Str￿Wick lappointe(126th September 20221 l Thomas lappoinled 261h September 20221 M Ventham Company Secretsry S Mill$ Church Elders M Field S Holl¢)way G Nicholls S Nitholls N Seve C Slrudwick l ThDmas M Ventham Gtsv£rning Document Mamorandurn and Artides of A550Clation dated S May 2022 Company Registration Number 6459931 Charity Registration Number 1122949 Registsred Office Chri51 Churth New England Road Haywards H8ath WÈ51 Su55ex RH16 3LE. Independent Exlminer Archie McDowall BA CA Stewardship 1 L8mb's Passage LONDON EC1Y8AB Bankers HS8C Bank plc CONTENTS Pag& Company Infomiatlon Directors Report Statemsnt of Directors Re5pgnsibilities Independent E¥amiDerfs Report statetnent of Financial Activities Balance Sheet Notes to the Accounts Deiailed Statement of Financial Activili&s 10 12 14-21 22 Paue 3 CHRIST CHURCH HAYWARDS HEATH Dlrector5 Report FOR THE YEAR ENDED 31 DECEMBER 2022 I STRUCTURE, GOVERNANCE AND MANAGEMENT GovernirbB document The charity is tontrolled by its governing document, The Memorandum and Arricles of Assotiation IMEMARTSI. and constitutes a limited company, limited by guarantee. a5 clefined by the Compan￿5 Act 2006. Organisatlon and Management The charlty Is the lègèl entity managing the assets of the Ihurch organi5ation known as Christ Church Haywards Heath. The overall responsibility for the activities of the Church rest with the church elder5 who are also Trustees of the tharity. The trustees will as far as possible conduct the business of the Charity in èccordance with the decisions taken by the Church and In accordante with the decision-making process outlined in rhe Church's Handbook whilst complying wilh 811 company and charity law requirements. Recruitmerbt and appointment of new tiLr$tee5 Once appointed at an AGM. the term of office of a trustee shall centinue until helshe retire5 or is rewved in accordance with the relevant pravi5ion5 of the articles. No person may be appointed as è trustee unless he Is recommended by the Elder5 of the Church except 3t anytime when there are fewer than two Elders of the Church Dr none., unless helshe has attained the age 0118 years,. in circumstances such that, had helshe alrea(ty been a trustee, helshe would have been disqualified,. unless helshe subscribe5 to the Statement of Beliefs set out in the schedule to the memorandum. unless hislher personal lifestyle conduct and prèctice is consistent with the practice of the Statemerit ol Beliefs and trèditional biblical Christian standards of behaviour as set out by the trustees in their Code of Practice Issued from time to time,. unless helshe is a member of Christ Church Haywards Heath,. and unles5 he is an Elder of the Church or Is approved bythÈ Church to be appointed a trustee in pl3ce of an Elder Employment by the Charity is restricted to evangelical Christian5 being those who shall have first signed the StètemerFt of Beliefs and whose personal lifestyle conduct and practice is consistent with the practice of the Statemerit of Beliefs and traditional biblical Christian Standards of behaviour as set out bythe trustees in their Code of Practice issued from time to time and who shall have first signÈd the said Code of Practice at the comrnencement of their employment Page 4 CHRIST CHURCH HAYWARDS HEATH Directors Report FOR THE YEAR ENDED 31 OECEMBER 2022 2 OBJECTIVÉS AND ACTIVITIES Objertlves The Charity's object5 are fully detailed in the MEMART5 but in surnmary they are.. Illto advance and practise the Christian faith In ac£ord8nce with the Statement of Belief5 in Haywèrds Heath and in such other parts of the United Kingdom or the world as the trvstees may from time to time think fit. and 1215uch other charitable purposes as shall, in the opinion of the trustees. put into practice the Christian faith in accordance with the Statement of Belief5, including but not limited to. the relief of sickness, distress ènd financial hardship Irid the promotion and preservation of good health by the prov1510n of fund5. goods or services of any kind, including through the provi510n of counselling. education and support ènd by the protnotion of spiritual and physical well-being In the said locatitrn and In such other parts of the United Kingdom or the world as the trustees from time to time may Aciivities The principal artivities cf the Charity are 111 to run è local Churth In line with the teaching of lestss Christ as recorded in the Bible, the mernbership of whlch is open to Èll Christians who 5ub5cribe to the Statement of faith 121 to provide support and pèstoral care for Church members 131 to run clubs and activitie5 across a variety of age ranges thar are open to the wider cofflmunitv and which seek to Share the teaching of Jesus Christ 141 to support a number of mi55ionaries and organisation5 Seeking to promote the Christian faith in the UK 8nd over5ea5 151 to provide tommunity b35ed activities and support, particularlyto those in the cornmunity who may be In need due tc isolation. poverty or vulnerabilitv. Statement of Beliets 111 God There Is one God, who exists eternalty in three distinct but equal persons.- the Father, the Son ènd the Holy Spirit. God Is unchangeable in hi5 holiness, Justice. wisdom and love. He Is the almighty Creator, Saviour and Judge. who sustains and 8overns all things according ta his scwereign will for his own glory. 121 The Bible GDd has revealed himself in the Bible, whlch consisis of the Old and New Testsments alone. Every word wa5 inspired by God through human Èuthor5. 50 that the Bible 3s originally given is in its entirety the Word of God, without error ènd fully reliable In fact and doctrine. The Bible alone is the cornplete, final. sufficient ènd authoritative revelation of God'5 will for m30kind and for the belief and ccnduct of the Church and of the individual believer. Page 5 CHRIST CHURCH HAYWARDS HEATH Directors Report FOR THE YEAR ENDED 31 DECEMBER 2022 131 The Human Race A15 men and women, bein8 created male and female in the ima8e of God. have inherent and eoual dignity and worth. Their greatest purpose Is to obey, worship and love God. As a result of the fall of our first P8rents, every aspect of human nature has been corrupted 8nd all men and women are wthoJt spiritual life, guilty sinners and h05tile to God. Every person 15 therefore under the just ccndemnation of God and needs to be bom again, forgiven and reconciled to God in order io know and ple3se him. 141 The Lord Jesus Christ The Lord Jesus Christ 15 fully God and fully man. He was conceived by the Holy Spirit. born of a virgin, and lived a sinless life in obedierice to the Father. He taught with authority and all his words are trustworthy. on the cross he died in the place of Sinners, bearing God'5 punishment for their sin, redeeming theTn by his blood. He rose from the dead and In his resurrection body èscended into heaven, where he 15 exalted a5 Lord of all. He Intercedes for his people in the presence of the Father. IS) Salvatlon Salvation is entirely è work of God's grace and cannot be earned or deserved God in love chose his people before the world began so that they might be conformed tD the image of hi5 Son and receive all the ble55ing5 of eternal life. Salvation has been accomplished by the Lord Jesus Christ and is offered to all In the 8ospel. Th05ewhom the Father chose are given new life through the Spirit. who convicts them of thÈir sin and grant5 repentance and faith All who repent of their sins ènd who believe in Chr15t are forgiven, justified by faith alone. adopted into the family of God, santtified, and finally glorified in heaven. 161 The Holy Spirit The Holy Spirit has been sentfrorn heaven to Elorify the Lord Jesus Christ. He applies Christ's work Df salvation to sinners a5 he imparts spiritual life and gives a true understanding of the Scriptures. It Is by his Spirit th8t Christ builds and sanctifiès his Churih, equippin8 ènd etnpowering its mernbers to serve him. 171 The Church The univers81 Church Is the body of which Christ is the head and to which all who are saved belong. It is made visible in local churches. which ère congregations of believer5 who are iommitted to each other for the teaching of the Word, for fellowship. for the Lord's Supper and for prayer. To local churche5 15 cornmitted the defence and proclamation of the gospel, the reco8nition and use of Christ'5 gifts, and the care and discipline of the people of God. The Jnlty of the body of Christ is expressed within and between local churches by mutual love, respect, care and encourègement. 181 baptism and the Lord's Supper Baptism and the Lord's Supper have been given by Christ as visible signs of the gospel. Bapt15rn 15 a SIEn of union with Christ and of entry into hi5 Church. It doe5 not impart Spiritual life or w35h away sin but symbolises the tleanslng that is rereived byfaith alone The Lord's Supper Is a commemoration of Christ'5 sacrifice offered once for all and a sign of continued union wth him and with his Church. Its benefit5 are received by faith Page 6 CHRIST CHURCH HAYWARDS HEATH Dlrector5 Report FOR THE YEAR ENDED 31 DECEMBER 2022 191 The Future The Lord Jesus Christ will return in glory. He will raise the dead and judge the world in ri8hteousnes5. The wicked will be sent to eternal punishment and the righteous will be welcomed into a life of eternalioy in fellowship with God. God will make all things new and will be gloiified forever. IIQ) Marriage SexLJal intimacy 15 a gift from God and isto be enjoyed exclusivelywithin the context of marriage. Marriage Is, by definition, hetero5exuJl ond between one man and one wom&n. Marriage ultimately serves ès a type of the union between Christ and his Church. 3 ACHIEVEMENT AND PERFORMANCE Churih life returned to normal during 2022 following the 8lobal pandemic with a return to face-to- face meetings for Sunday services and other meetings rnidweek. We are grateful that the majority of church membèrs now feel able to meei In person and to serve in various wèys In our church life. We were able to grow our Grace Advocacy tearn to provide practical help and support to local people io ensure theyget the right assistance from government and other agencie5. Th15 has g4ined a reputation as a trusted serwce. and we now receive referrals from sociol prescribers working with local GP pracrices Our Welfare Fund has enabled us to provlde tarÉeted flnèncièl support to relieve particular need5 afflong church members. We continue to be amaied by the continued gener051ty of our rrembers even In the context of severÈ financial challenge5 which have been present for several years, Includlng glving for the Welfare Fund 3nd Mission. We recelved additional part-funding (from Word Partnersl in relation to Aeron Caldeo. a Church pastor from the Philippines, $0 he can iomplete theological and practical training in orderto develop his mlnlstry in the Philippines froFn the summer of 2023. Our regular don3tion5 were rnaintained at a similar level to 2021. We received £185,000 as a legacytrom Edie Robèrtson which we Intend to use to support a significant project in the medium to longer term- lovely way to remember a de8r slster In Christ her 515ter Ada who came to the church in the mid 1980's and so fèithfully 5UPPOrted the work of the church over some 35 years. Over811, the membership grew during 2022. a couple of fèmilies having moved to other churches locally. and 3 number of new members joining us during the year. In September we appointed three new elders, who also act a5 tru5tee5 of the charity, to strengthen the lea(Jership of the church and to ensure a majority of trustees who are not pèid by the charity or related to such a person. EBrlier In the year one elder stepped down a5 he moved out of the area. Following the appointment of the new elders, one of the non-Elder trusteeg retired. Consequently, we have eight Elder/Trustee5 and one non-Elder trustee. We are grateful to our God who works through all thing5 for hi5 glory and has certainly helped us throughout the yelr. Page 7 CHRIST CHURCH HAYWARDS HEATH Directors Report FOR THE YEAR ENDED 31 DECEMBER 2022 4 FINANCIAL REVIEW In 2022, the level of regular financial support W35 rnaintained at the 2021 level desplte the loss of long-standing tnembers who have either moved ro new èreès or 8one home to be with the Lord. In addition to this, a special 8ift day raised an 3dditional £4000 to support missions in Hungary and Spain with a further £IIOOO or so to support churches In the Ukraine facing the fall-out from the Russian invasion In February. We also Saw a 518niticant additional income from Word Partners in the US to support Aeron Caldeo and his family. There was also the promise of a signiticant legècy followin8 the home call of Edie Rcbertson 3t the end of 2021. Bythe end of 2022. we had received £185000 as part of the le83cy. The balance came early in 2023 8iving 3 total £222,209. Whilst there are no restrictions on how these funds may be speni by the church. the intention is to use this in the tnediurTI to long term for a significant project, suth a5 providing or developing a building suitable for our growin8 needs. Our operating expenditure inireaged by £10,000 over 2022 as a result of increased expenditure on both the maintenance of the church building and the rental property next door. Thi5 was partly mitigated by saving5 in salaries with the loss of the church manager role and the ministry trainee moving to another church The forec3si operating loss for 2022 was £13,000 and the actual operating loss was just over £18,000. We exclude legacy income when describin6 operèting income and expenditure. At 31st December 2022 un-restrirted cash reserves, excluding legacies, were just over £76,(YJO 12021. £94.0001 which Is within our tèr8Èt of 3-6 months of current annual expenditure. S RELATED PARTIES One of the trustee5 15 4 trustee for Mayflower Playgroup which operates a playgrovp using tl Church premises and pays rent to the Church. The spouse of ènother Trustee 15 employed by Mayflower Playeroup One of the trustees is also a Trustee of the Sussex Gospel Partnership ISGPI which received a donotion froFn Christ Church and which has paid rent to the Church for use of the Church building. He resigned as a Trustee of SGP in June 2022. 6 RISK MANAGEMENT Over this pèriod the Tru5tee5 have considered the risks to whith the tharity is exposed and believe they have put appropriate controL% In place to provide reasonable assurance 3gainstfrèvd, loss ènd error. In particular Insurances are In place to tovertheft, darnage and third party liabiliries Training for staff and volunteers such as child and Vulnerable adult protection. health and safety, food hygiene ond first aid to ensure sèfe working conditions and the safety of the public u51ng the There is a finèncial plan which 15 regularly d1scussed ènd agreed bythe Trustee5. In addition, significant expenditure outside the budEer (typically, over E5,0001 will be discussed and agreed separately bythe church members or finance team. There Is regular review by all trustees against aims and objectives ensuring StrateElC directhjn is followed. Page 8 ## **CHRIST CHURCH HA YWARDS HEATH Directors Report FOR THE YEAR ENDED 31 DECEMBER 2022** ## **7 RESERVES POLICY** - The trustees have adopted a formal Reserves Policy. In summary this policy requires the Trustees to seek to hold reserves sufficient to cover 1. Designated reserves - Investment in land and property strategic to the Church's activities and income 2. Specific reserves - reserves that may be needed from time to time to fund specific large expenditure 3. General reserves - reserves held against day to day operational risks, in particular to provide a period of 12-18 months for the Trustees to seek to replace a material loss of income before a significant rationalisation plan would need to be implemented. General reserves would normally be expected to cover around 3-6 months of regular underlying expenditure for this purpose. The Church's reserves are currently above the target range set by the Trustees following some signifcant legacy income. The Trustees will be considering how to respond to this situation in 2023. ## **8 PRINCIPAL FUNDING SOURCES** The principal funding sources are: - Regular giving from the church members and other visitors to the church - Rental income o From the house adjacent to the church building (49 New England Road) o From Mayflower Playgroup use of the church building. - Occasional donations from other churches, charities or local authorities - Fees charged to cover the costs of major activities such as children's camps ## **9 PUBLIC BENEFIT** The trustees halie complied with the duty in section 4 of the 2006 Charities Act to have due regard to guidance published by the Charity Commission in respect of public benefit. ## **10 POST BALANCE SHEET EVENTS** None ## **11 CONCLUSIONS** Church life returned to normal during 2022, although the process was not always easy with a widespread need to reconnect and re-emphasise our shared life together under God. We were grateful that we are able to meet in person as normal though with our ongoing livestream of Sunday services for those unable to attend. Our various children and families' ministries, ministries to internationals and also to seniors in our community are now running a full schedule again and it has been a delight to continue to serve old friends as well as new ones. We are also excited to have grown our Grace Advocacy team and continue other community ministries. Our verse for the year from Psalm 121 encourages us to look to God for our help in all circumstances. As well as an encouragement to us it reminds us that Jesus is the answer to the needs of people all around us who do not know him. If you want to find out more about what we believe and why we have such confidence in our hope, then we welcome all to our Sunday services or you can get in touch with us through our website at www.cchh.org.uk. _Colin Strudwick, On behalf of the Elders and Trustees,_ _15th August 2023._ Page 9 CHRIST CHURCH HAYWARDS HEATH Directors Statement of responsbilities FOR THE YEAR ENDED 31 DECEMBER 2022 The trustees are responsible for preparing the trustees, annual report and the financial statements in accordance with applicable law and United Kingdorn Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company lèw requires the trustees to prepare financial staternents for each financial year which give a true and fair view of the State of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financlal statements, the trustees afe required to.. 1. select suitable accounting policies and apply them con51Stently- 2. observe the methods and principles in the Charities SORP; make iudRements and estimates that are reasonable and Drudent., 4. state whether the applicable accounting standards have been followed, subject to any 5. prepare the financial stalements on a going concern basis unless it is inappropriate to The trustee5 are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial p051tio)n 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 a55ets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page10 ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF** ## **CHRIST CHURCH HAYWARDS HEATH** ## **('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021 on pages 12 to 12 following, which have been prepared on the basis of the accounting policies set out on pages 14 to 16. ## **Responsibilities and basis of report** As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner’s statement** Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants of Scotland, which is one of the listed bodies. 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: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. 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 4. 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. Archie McDowall, BA CA Institute of Chartered Accountants of Scotland 21st August 2023 For and on behalf of: Stewardship 1 Lamb's Passage London Page 1 CHRIST CHURCH HAYWARDS HEATH statement of Financial Activities FOR THE YEAR ENDED 31 DECEMBER 2022 Surnmary Income and Expendltuts Account Unrgslricted RÈ&trlctÈd Funds Fund8 Totsl Furbds 2022 Total Funds 2021 Note Income and endowments from.. Donations and legacies 2a 386,700 37.937 424.e36 236.521 Investments 2b 18,647 18.647 24.721 Charitable 3clivitEs 2¢ 21,501 21.501 19.698 Totsl Income and endowments 426,847 37,937 464,783 280,938 Expenditure on Charitable activit￿8 280,282 31.515 311.797 291.782 Totsl expendituro 280,282 31,515 311,797 291,782 Net in¢omellexpenditurel 146.565 6,422 152,986 110,8441 Transfers beNveen funds 12 Fund balanc*s at 1 January 1.209,135 13.605 1.222.740 1.233.584 Fund balances at 31 December 1,355,700 20,027 1A75.726 1.222.740 Movements on reserves and all recognised gains and losses are shown above. The notes on page 14-22 fom part of these acc4unl$. P89e 12 ## **CHRIST CHURCH HAYWARDS HEATH** ## **BALANCE SHEET** ## **AS AT 31 DECEMBER 2022** |**Note**
**FIXED ASSETS**
Tangible assets
6
Investments
7
**CURRENT ASSETS**
Debtors
8
Cash at bank
9
**CURRENT LIABILITIES**
Liabilities falling due within one year
10
**Net Current Assets**
Liabilities falling due after one year
11
**NET ASSETS**
**FUND BALANCES**
Unrestricted funds
12
General Funds
Designated funds
Restricted Funds
12
►|**Unrestricted**
**Restricted**
**TOTAL**
**TOTAL**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
755,212
755,212
775,409
300,000
300,000
300,000| |---|---| ||**1,055,212**
**1,055,212**
**1,075,409**
8,643
8,643
19,929
304,634
20,027
324,661
162,278| ||**313,277**
**20,027**
**333,304**
**182,207**| ||12,789
12,789
34,876| ||**300,487**
**20,027**
**320,514**
**147,331**| ||| ||**1,355,699**
**20,027**
**1,375,726**
**1,222,740**
300,487
300,487
133,726
1,055,212
1,055,212
1,075,409
20,027
20,027
13,605| ||**1,355,699**
**20,027**
**1,375,726**
**1,222,740**| _For the year ended 31 December_ 2022, _the company was entitled to the exemption from audit under Section 4_ 77 _of the Companies Act 2006 relating to small companies._ _Responsibilities of directors/trustees:_ - a. _The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with Section 476 of the Companies Act- however, in accordance with Section 145 of the Charities Act 2011 the accounts have been examined by an independent examiner whose report forms part of this document._ - _b. The directors/trustees acknowledge their responsibilities for complying with the requirements of the Companies 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._ Approved by the Directors and signed on their behalf on the 15th August 2023 by: **----- Start of picture text -----**
Colin Strudwick
C Strudwick
Company number: 6459931 Charity number: 1122949
**----- End of picture text -----**
The notes on page 14-22 form part of these accounts. Page 13 CHRIST CHURCH HAYWARDS HEATH Notes to the Accounts FOR THE YEAR ENDED 31 DECEMBER 2022 la Statutory Infomiation The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The companls registered number and registered office address can be found on the Company Information page. 1b Accounting Policias These financial slalemenls are prepared on a going concern basis, under the historical Cost convention. These financial statemen15 have been prepared in accordance with the "Statement of Recommended Practice". Accounting and Reporting by Charities preparing their accounts in accordanc& with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 I'the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland I'FRS 102,1. with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of 8 public benefi't entity as set out in FRS 102. The principles adopted in the preparation of the financial slalemenls are sel out below. Goin concern The trustees (who are the charitable company's directors for the purposes of company lawl have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions thal might cast significant doubt on the ability ol the charity lo continue as a going concern. The Iruslees have made this assessn)enl for a peri(Kl of al least one year froTH the dale of approval of the financial slalemenls. In particular the trustees have considered the charity's forecasts and projections and the possible Implications should proiecled income and l or expenditure vary unexpectedly. The trustees have concluded that there is a re8sonable expectation that the ¢harty has 8dequ8te resources lo continue lo operate for the foreseeable future. The charity therefore continues lo adopt the going concern basis In preparing ils financial statements. bl Income Income including investment income is recognised in the period in which the charity becomes entrtled lo ￿ceIpt, the amount receivable can be measured with reasonable certainty, and receipt Is probable. For the most part. income is generally recognised when it is received. Income 15 only deferred when the chaiity has to fuLlil conditions before becoming entrtled lo it or where the donor ha5 Specified that the Income Is lo be expended In a lulure period. Income from donations includes.. il Recoverable gift aid. This is recognised when the rel8led donation is received. Grft aid that has not been recovered by the balance sheet date is included as a debtor. ill The charity relies on volunteers to carry out many ol its activities. However. in accordance with the SORP, the value of these services has not been included in these financial statements as iiil Legacies. Income from legacies is recognised when a distribution is received from the eslale or, if earlier, when the charity has been nolrfied that a distribution wll be made and the amount receivable can be measured reliably. Investment income represents income generated by the charity's assets and includes income from letting the charity's property and bank interest. Page 14 CHRIST CHURCH HAYWARDS HEATH Notes to the A¢¢ounts FOR THE YEAR ENDED 31 DECEMBER 2022 endil Expendrture, including irrecoverable VAT, is recognised when il Is incurred or, if earlEr, when a legal or ¢onstruclive obligation for a payment arises provided that rt is probable th8t selllemenl will be The charity makes grants lo other inslilulions and individuals lo furthef its charitable objectives. Grants payable are recognised as constructive obligations arise, which is general￿ when the charty expresses a commitment lo the recipient that can be measured reliably and then only lo the extent that any conditions associated wlh the grant are outside of the control of the charity. Governance costs, which are included in expenditure on charitable activities but are Klentified separately in the notes lo the accounts, includes costs asscriated with the independent examination of the financial slatemenls, compliance with conslitulional and slalulory requirements and any other expenditure incurred on the strategic management of the charity. dl Fund accountin General funds are Ljnrestiided funds which are available for use al the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been sel aside by the trustees for particular purposes. Reslricled funds are donations which are lo be used in accordance with specrfic reslriclions imposed by donors.. they include donations received from appeals lor specific activities or projects. ible fixed assets Items purchased or donated lor the charity's own use are capilalised when the cost of purchased items. or the laii value of donated items. is more than £1.000 and the ilem is expected lo benefit the charity over more than one accounting period. Depreciation Is charged on a slraighl line basis so as to wrrte down the value of each asset to its estimated residual value Irf any) over ils expected useful economic life. To achieve this objective the following rates of depreciation are charged.. Freehold land Is not depreciated Ibecause il is not consumed by usel Freehold buildings Over 50 years after taking account of the building's residual value Leasehold improvements Over the lease term or, rf shorter, expected useful life Equipment Over 3 lo 7 years The carrying value5 of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable. Investments Fixed asset investments are held to generate income and l or for their investment potential. Current asset investments are Investments that are held 5pecifi'c8lly for $8le or are Investments that the charity expects lo sell by the next balance sheet dale. Investments are valued as follows.. il Investment propety is valued at its market value (fair value) al the balan￿ sheet dale. gl Pension scheme arran ements The charity operates defined contribution pension s¢hetnes lor its employees. Obligation5 for contributions lo these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those ol the charity in independently administered funds. h) Taxation The company is a registered Charity,. it has taken advantage of the various reliefs from taxation available to charities and no lax Is payable on the charity's income. Page 15 CHRIST CHURCH HAYWARDS HEATH Notes to the Accounts FOR THE YEAR ENDED 31 DECEMBER 2022 il Financial instruments The charity's financial assets and financial liabilities all qualify as basic financial inslrumenls, as clefined by FRS102. Except for loans, creditors and debtors are rnea5ured al their expected settlement value Inormalty the amount of cash that the charity expects lo pay or receive). The charity recognises liabilities for the principal of those loans Ihal remains oulslanding al the year end li.e. the Iiabililies exclude any interest chargeable on the loans in future years). Il Forei translation These financial statements are presented in sterling, which is the charity's fLJn¢tional currency. il Income and expenditure denominated in a foreign currency is translated into Sterling at the exchange rale prevailing on the dale of the Iransaclion. ill Monetary assets and liabilities denominated in a foreign currency are re-IransLated at the exchange rale prevailing at the balance sheet date. iiil Non-monelary assets are measured al historic cost at the rate of exchange prevailing on the dale of the transaction and are not subsequently re-lranslaled. All differences arising from the application of the above policy are charged lor crediledl to the kl Exem lion from arin a cashflow statement The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow slalemenl. n currenc 11 Crrtical accountin eslimales and areas of'ud emenl The trustee5 do not consider that there are any m8terial sources of estimation or uncertainty al the balance sheet dale that could result in a matenal adjustment to the carrying values of asse15 and liabilities In the next reporting period. Page 16 CHRIST CHURCH FIAYWARDS HEA TH Notes to the Accounts FOR THE YEAR ENDED 31 DECEMBER 2022 2a Donat10￿ ond ￿g*¢I•& Total ZD22 Total 2021 GenÈr81 donaii¢n$ Grants received Le9acies Tax reGoverable 1SS.435 20.690 18S.000 36.829 424 S38 31.772 236 521 2b Income from Invèstmèt Intere51 Received Rèntal Income 255 18.380 1B.647 24 715 24,721 2c Income from charItAb￿ 8¢tlvlll*$ Inttomo from Children's acliviiies and camp5 Other Income 19.92D 1.581 21 501 6.712 12.984 19.696 ExpeTrditure OTr charitable activities Total 2022 Total 2021 Dlrect Charltsblè Costs Ernpk)yment costs- ministry $18ff Accotnmodalion c0515 Church premises cosis (incl deprecistionl 0￿er ministry ¢osts Outreach Youth and children's grDUPS Including ¢8mps Grdnts payable Wellar& payments Olher charitable coata Note S Noie 5 78.678 40 459 54 418 17848 1.885 22 297 30.364 2.355 2902 252.205 94,967 42.367 43,4$7 26.420 2.827 8097 15,882 1,8SS Note 4 235.872 Pag? 17 CHRIST CHURCH HAIMIARDS HEA TH Notè¥ to Ihw Accounts FOR THE YEAR ENDED 31 DECEMBER 2022 b Support & AdmSnlslratlon Employffjenl cosis- administrat￿e 5t8ff Church olficp CD&Is Invesimeni Piopedy Co$1$ SubsGriplv)nB Computer S PA exoen3B¥ k fee5 ProlessK)nal Fèès Accoun15 and examinalion Other costs Noto 5 37.315 5,616 2.192 32.690 5789 3769 5.263 148 3,054 1.700 4.735 178 1.23D 2.120 2.87T 59.593 55910 Toi41 gxpernlitvre on charitable activit￿3 291 7e2 4 Grants Totsi 2022 Tot•1 2021 mission￿ support- In51ilulions mission￿ support- Indi¥hluaL4 IS.196 14.167 30.364 4762 15,882 The Church Supports misslon8d&s In ihe UK and Iniernalionally. Where a particukr missionary has Supported by the hurth lor a Dumber DI years. slncl compl&gTh￿ YAth the ¢hontie¥' Sl31ernEnl ol Re￿rnmen￿e￿ Practice ISORPI may iegard some arranoemenis a$ ¢onsliluling conslwGlwe obligation5 such that future years, support IS 8CCOUnted for In these ccoun15 as a liability. Whilsl Ihe support has no fin81 end dale In some ca¥es. Ihe church officers assess mis510nary funding on an annual basis and are confident Ihal the missionaries would not viewih81r $upwd ¥$ an open ended (￿li￿￿On by the ¢hurrh. A charity of ￿thIch Mr M Venlh8m Ls abo a Trusiee ￿¢¢1¥￿ a E1.073 yranl frDm Chnsl Church Haywards Heath during 2022 12021. £1.0001. Resigned from Ihal charty In June 2022. Grants of more than £1.000 paKJ to IngtiiUtion$ Y*re. Unrestricted RestrKted Fundg Fund Tot&1 2022 Total Z021 4H Su$$ex Gosppl Pariner¥thip Grace Advttacy EldDrel Bapli¥l C*urch DniprDpetfov¥'k Regional Assorkrybon of Ukrainian PeTrtecosial Church 1,￿3 1.073 1.073 2460 1.000 1.800 2.660 2.4SO 10.881 10.881 PagE 18 CHRIST CHURCH HAYWARDS HEATH Notes to the Account5 FOR THE YEAR ENOED 31 DECEMBER 2022 5 staff, Tru$¢e88 and kty management personnel 2022 2021 Gr055w4e5. Salaries & benefits In Empknyer's Natv)n31 Insurance costs Total staff costs 114.252 125.916 115.993 127.e57 The charity has 5 full bme equiva￿￿1 ￿￿￿oYed slaff12021 51. Ils activities are generblly carried by ¥Dlunieers. Tl* Ttuslees and Company Secretary a¢ reo8rded as key marhagemenl personnel. Mr G Ni¢holl8 rewved a salary of £14.510 1£17.307 In 20211 In hi5 ro￿ 08 church pa¥lor. and Dol as Tru51ee. He a150 receiverf £3.407 empknyels ￿￿¥￿)n contributions It3.996 for20211 and E1.123 (£499 in 20211 for ¢imbur8ed expBnse5 In his rde as church pa51or. He %vas also PBid £18 494 1£21.221 In 20211 for accornmodalion related costs in makino his home avs1lab￿ as A manse. These oaymenls ar 9eTmiltsd In our wverning document Mr M VenlhAm w8$ ￿1￿ £18.OW1£17.307 tor 20211 In his role £$ ¢hurh p8$tor. and not ill h13 coparyty 38 Tiustee. H8 also received £4.156 empknyer's Pen$lDn CDntfibulions1É3 983 ltsr 20211 and reimbursed expen$e$ of £681 <£394 In 20211 In his role a5 church pa510r. He was also paid £21,964 It21 146 In 20211 foi accomm(￿811¢ft rel8ied Costs in m8king his home available a$ a manse. These payments are p8rmiii8d In our goveming Ik>Gument. No siaff $8l¥rie¥ al a rale ol more than È60.WO per annum. other rernuneraiion wos paid to any Iru8ke or the Cofflpany Seuelary during the year nor to any person c￿￿￿ted to them. The total don81ion$ made by Truste85 aDd connected person$ dunny 2D22 were E1B21S1£16,581 In 20211. f8e¥ I￿re paid lo Stewardship duriw 2022 or 2021 Olhtr than fof th2 independent examination ol th2 accounts Tangible Fixèd A¥¥ets Totsi Fieehold- Church pioperty fixtures & fittings 2012 Cosl At 1 January 2022 Additions At 31 Decem￿1 2022 50.8S4 1,047.650 1.098,704 50.854 1.047 850 1.098.704 AttumuiAi8d DgptBGiat￿n At 1 Janu*ry 2022 Charge lor the year Al 31 Decemter 2022 50.8S4 272.441 20 197 292.638 323.295 20.197 343.492 So.￿4 Nel book value Al 31 Oecomber 2022 Al l J8nu8ry 2Q22 755.212 775 409 755.212 775.409 The building known ¥s Chnsl Church Haywards Heath was tran$ferted trom Ihtr F8llowship DI Ind6PBndenl Evangelical Churches 13 Juty 2009 and ￿ Included in Ihe ¥¢¢ounls al Ils Insurance valuaiion Df E629.S20 Iin July 20091. plus addiiions $in¢e thai d81e. PJV 19 CHRIST CHURCH HA￿ARDs HEATH Notes to thÈ Account5 FOR THE YEAR ENDED 31 DECEM8ER 2022 Invèstments 2022 2021 Inv¢5knents 01 Ma￿e1 value At 1 J¥nu¥ry 2D21 Revaluat￿ Al 31 December 2021 3W,000 300.000 3QO.000 30Q.000 Hi91ori¢81 ¢D$i of Investment. 248 000 248.000 above Inve51menl Is a freehold resideniial property ai 49 New England Road. The prowty has been profe$sion811y valued, and 15 included in ihe accounts al valuèlion In 2017 less e$iimated sales costs. Debtor8 and Prewyments Total 2022 Total 2021 T8x ￿cOVer0b1e (￿ft￿oI P￿paYMen DBf¢rred ypnis ratewa￿e Olherdebiof8 7,668 4.548 7.438 6 727 19.929 974 8.843 Cash at 8ank and In HAnd Bank oper*ing xcounls Bank dep05it8 Petty ca5 82.S43 241 912 206 324.661 IOS.561 56 593 124 162 278 10 Credltorg: liabilities falling due wthin one year Olher cre(Jitors PAYE and national Insurance Provi¥ioD for cofflmitted costs AtrtuBI¥ 3.250 998 4,638 3903 12.789 7.002 13800 1Z.S73 34.876 11 Ll•bllitio$ l¥lling due after one yeaw PagE 2 CHRIST CHURCH HAYYIARDS HEATH Notes to the Accounts FOR THE YEAR ENDED 31 DECEMBER 2022 12 Fund5 restricted fur￿5 represenl amounts receiv8d for 9pecffi¢ purposes and the m¢vem8ni$ In lh6 y88rar8 a$ folkm Opfjning nroming Outgoing Transfers balance resource5 resources in the year ¢losir4J balance Well?re fund Community Fund Overse35 Ministry Training Fund Olher restricted funds Mi$sv)n Gift day fuDd 9.625 3,980 IDO 45 20,690 -3.355 -2.460 -9 599 6.371 1.565 15.882 37.937 -14.882 1 000 20.027 13.605 Weltsre fund Th15 lund IS for providiro Welfa￿ rdaled payments lo Church members Cornmunlty Fund Th￿ fund Is for providin9 help 8¥8isiance In Iht Ioc81 community befnendinp I￿)se In need Over$eu¥ MirM81ry Training fund This fund 1$ io providE ¥upport for a miS$lQTrary lo be Ir3ingd by Chnsl Church. During the year £17 884 yrds transferred to this fund from ihe unre$iri¢ted lurtds 1¢ cov&rfuluia expaciad ¢osi$. assets Iiabililies represented by the funds are a¥ Idloy Fixed ass•ls Bank & cash bèlanc•s Other ass•ts Total Welfare fund Communiiy Fund Overseas Minisiry Trainiw Fund Mission Gift Day lund 6.371 1.565 11.091 1.LWJO S371 1 565 1.000 ricted lund5 304.834 4.147 300 487 1.0S5 212 Desi9naied Mlldiws fund 1,055.212 1,055.212 324.661 1.375 726 An Unrestr￿ted fiJrKI has been designated reNe¢ting the value ol Ihp church's Inveslmpnl In the church and residenti￿ property. The assets and liabililies repreSen￿d by Ihe various funds 2021 were Fixert $5els Bank & cash balances ot￿r nèt 55e15 Tot•1 RestnctÈd lun W<sre fun Community Fund Overse8$ Minrsiry Traininy Fund 9.625 2980 185 9625 3980 -185 General funds Designated bulding9 lur*l 148 508 -14.782 133.72e 1.075 409 1,075,409 1,075,409 162.278 -14 947 1 222 740 13 Rfrlat•d Party Tran$•¢Jon$ Except as disclosed In Nthe S'slaff. T￿Slee$ and key marAgemenl', the￿ have been no other transactions vAlh reigie parbes during ihe year 14 Evtynt$ 8ln¢tr the year end None 15 Member5 E•¢h mtsmborof the Gtynpany Gommils to ￿￿1ribute an 8mouni DI £10 rflhe Gh8rrfy 1$ wound up. Pag• 21 •) occ LU ur£