**REGISTERED COMPANY NUMBER: 06402268 (England and Wales) REGISTERED CHARITY NUMBER: 1123715**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **FOR**
**DEWSBURY GOSPEL CHURCH (A COMPANY LIMITED BY GUARANTEE)**
**DEWSBURY GOSPEL CHURCH**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|5|
|**Independent Examiner's Report**||6||
|**Statement of Financial Activities**||7||
|**Balance Sheet**|8|to|9|
|**Notes to the Financial Statements**|10|to|19|
|**Detailed Statement of Financial Activities**|20|to|21|
**DEWSBURY GOSPEL CHURCH**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of 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 2019).
This report of the trustees is also prepared to meet the requirements of a directors report for Companies Act purposes.
The trustees have complied with their duty to have due regard to guidance published by the Charity Commission as stipulated in in section 17(5) of the Charities Act 2011.
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The objectives of the company are for the benefit of the public:
(I) the advancement of the Christian faith in accordance with the Articles of Faith set out in Article 34 of the Articles of Association including, without prejudice to the generality of the foregoing, by the preaching and proclamation of the Christian Gospel, the teaching of Christian doctrine and principles, pastoral care, the distribution of the Bible and other Christian literature and by all forms of broadcasting media;
(II) the relief of persons who are in conditions of need, hardship and distress or who are aged or sick;
(III) the advancement of education on the basis of Christian principles;
(IV) the promotion of such other charitable purposes as the Board shall from time to time determine.
## **Significant activities**
The charity has two main activities carried out through two separate divisions:
- Dewsbury Gospel Church, focussing on the worship and praise of God.
- Branch Christian School, focussing on the education of students to GCSE and A Level standard in a Christian environment.
Page 1
**DEWSBURY GOSPEL CHURCH**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
In guiding the activities of the charity the trustees have had regard to the Charity Commission's guidance on public benefit. The charity operates from two premises, both located in Dewsbury; the Temperance Hall and the Dewsbury Revival Centre. The activities undertaken by the charity in the year to further the charity's purposes for the public benefit are set out herein.
Like all other churches and schools in the country Dewsbury Gospel Church and Branch Christian School have suffered the effects of the restrictions on public association imposed by H M Government to combat the spread of the COVID-19 virus during 2021. However In this period and in line with Government guidelines the activities of the charity carried on as they had in previous years:
Weekly Sunday services were held along with midweek prayer meetings at the Dewsbury Revival Centre proclaiming the Gospel of Jesus Christ and providing Christian teaching to the general public.
"K.i.D.S. Church" was still suspended due to the COVID-19 restrictions but the church will be looking to re-launch later in 2022.
The Youth, members of the Church in their later teens and early twenties had the opportunity to meet together with the youth from another member church of 'Churches Together in Dewsbury' on a regular basis. while the charity's own Youth Leaders have been concentrating on family matters.
Dewsbury Gospel Church continues to support "Care Dewsbury", a collaboration of Churches Together in Dewsbury - caring for homeless and needy people, especially those with alcohol and drug dependency. The Church has also during the year hosted joint leadership meetings for Churches Together in Dewsbury, as well as prayer breakfasts. They have also continued to support outreach and open-air meetings in Dewsbury Town Centre.
The Church continues to lease the Temperance Hall building in Dewsbury which is leased by Charis Bible College, Dewsbury (formerly part of Dewsbury Gospel Church up to 17th July 2019), as well as Branch FM Radio Station (Charity number 1120585), (see note 19 to the financial statements).
The Church has the main responsibility for the supervision of Branch FM Community radio station with many Church members involved as trustees and volunteers (see note 19 to the financial statements). The interest in and influence of the station continues to grow through its presentation of good music and various programs.
Branch Christian School continues to operate in the Dewsbury Revival Centre and had 23 students during the year, a similar number of students as in previous years. Students from the school have graduated from and attended various universities including Oxford, Kingston, Leicester, Cardiff, Huddersfield and Lancaster. School functions have been held during the year to raise funds for the various field trips and other material needs.
Members of the Church continue to put much effort into seeing the premises from which the charity operates serve as places of praise, worship, study and service for the general community in and around the town of Dewsbury.
## **Internal and external factors**
The charity continues to be widely respected within the Heavy Woollen area of West Yorkshire centred on Dewsbury. By continuing to undertake the activities described above its beneficial impact within its target area of operations will enhance both the quality of life for many in that area as well as serve to enhance its own reputation as a body benefiting the community at large.
Page 2
**DEWSBURY GOSPEL CHURCH**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **FINANCIAL REVIEW**
## **Financial position**
Despite the impact of the Coronavirus pandemic on the charity's activities the charity has remained financially stable over the year to 31 December 2021 with the result that there has been a slight increase in the level of restricted funds held during the year, from £5,475 at 31 December 2020 to £6,275 at 31 December 2021, while the level of unrestricted funds has decreased from £200,576 to £197,561 over the same period.
## **Principal funding sources**
The principal funding sources of the charity remain donations to the Church together with school fees. This funding has been used to support the key objectives of the charity.
## **Reserves policy**
The policy of the charity as regards reserves is to accumulate income in order to set aside funds as reserves against future expenditure, particularly in relation to repairs of the buildings it uses which given their age may be substantial.
While the charity has no quantified reserves policy in place the Board considers that the level of reserves of the charity at the period end to be satisfactory.
## **Going concern**
At the time of signing these accounts the Trustees are of the opinion that the Charity will remain viable for the foreseeable future and therefore these Financial Statements have been prepared on the Going Concern basis.
## **FUTURE PLANS**
The trustees are concentrating on improving the quality, transparency and integrity of all the activities undertaken by the charity in the foreseeable future.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, the Memorandum and Articles of Association, and is constituted as a company limited by guarantee, as defined by the Companies Act 2006. The guarantee is limited to £1 per member, who are all the director/trustees of the company.
## **Recruitment and appointment of new trustees**
Trustees are appointed by the incumbent trustees and in accordance with the Articles of Association. When appointing new trustees the Board takes into account that it is practicable to do so, and that new trustees will contribute to the skills and balance of the existing Board.
## **Organisational structure**
While the trustees engage with the operations of the charity at the strategic level the day to day management of the activities of the charity during the year ended 31 December 2021 were delegated by the trustees to Mr S P Hodgson, the Chairman of the Board of Trustees, while Mr J J Childs discharges the duties of Pastor of the Church.
## **Decision making**
All decisions in relation to major expenditure, particularly of a capital nature, are made by the Board of Trustees as are decisions concerning the setting or modification of the charity's aims and objectives. Decisions in relation to day to day operational activities are delegated to Mr S P Hodgson, the Chairman of the Board of Trustees, as are decisions concerning the implementation of policies to achieve the charity's aims and objectives.
## **Induction and training of new trustees**
The charity has not adopted specific policies for the induction and training of trustees. However the Board are mindful of the need for trustees to keep abreast of developments in company and charity law and best practice.
Page 3
**DEWSBURY GOSPEL CHURCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
06402268 (England and Wales)
**Registered Charity number** 1123715
## **Registered office**
17 Halifax Road Dewsbury West Yorkshire WF13 2JH
## **Trustees**
Mr J J Childs - Pastor Mrs L Cox Mr M D Farrant Mr M D Firth Mr T Firth (resigned 1.7.22) Mr I M Grace Mr S P Hodgson - Chairman Mr J Holt
Information concerning the trustees financial dealings with the charity are shown at notes 8 and 19 to the financial statements.
## **Company Secretary**
Mr M D Farrant
## **Independent Examiner**
Gavin Bell Sedulo Leeds Limited St Paul's House 23 Park Square Leeds West Yorkshire LS1 2ND
## **Solicitors**
Anthony Collins Solicitors LLP 134 Edmund Street Birmingham B3 2ES
## **Bankers**
CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
Page 4
**DEWSBURY GOSPEL CHURCH**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees (who are also the directors of Dewsbury Gospel Church for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- 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 proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to 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.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 20 September 2022 and signed on its behalf by:
Mr M D Farrant - Trustee
Page 5
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DEWSBURY GOSPEL CHURCH**
## **Independent examiner's report to the trustees of Dewsbury Gospel Church ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021.
## **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**
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.
Gavin Bell Sedulo Leeds Limited St Paul's House 23 Park Square Leeds West Yorkshire LS1 2ND
Date: .............................................
Page 6
## **DEWSBURY GOSPEL CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2021**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
70,927
**Charitable activities**
4
School and college fees
56,696
Investment income
3
13
Other income
5
19,500
**Total**
147,136
**EXPENDITURE ON**
**Charitable activities**
6
Work undertaken by Dewsbury Gospel Church
150,151
**NET INCOME/(EXPENDITURE)**
(3,015)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
200,576
**TOTAL FUNDS CARRIED FORWARD**
197,561|Restricted
funds
£
800
-
-
-
800
-
800
5,475
6,275|31.12.21
31.12.20
Total
Total
funds
funds
£
£
71,727
69,030
56,696
60,537
13
99
19,500
19,500
147,936
149,166
150,151
130,578
(2,215)
18,588
206,051
187,463
203,836
206,051|31.12.21
31.12.20
Total
Total
funds
funds
£
£
71,727
69,030
56,696
60,537
13
99
19,500
19,500
147,936
149,166
150,151
130,578
(2,215)
18,588
206,051
187,463
203,836
206,051|
|---|---|---|---|
||||149,166
130,578|
||||18,588
187,463|
||||206,051|
## **CONTINUING OPERATIONS**
The results for the year derive from the continuing activities of Branch Christian School and The Gospel Church. There are no gains or losses other than those shown above.
The notes form part of these financial statements
Page 7
## **DEWSBURY GOSPEL CHURCH**
## **BALANCE SHEET 31 DECEMBER 2021**
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
11
236,774
**CURRENT ASSETS**
Stocks
12
4,499
Debtors
13
2,594
Cash at bank and in hand
150,264
157,357
**CREDITORS**
Amounts falling due within one year
14
(13,702)
**NET CURRENT ASSETS**
143,655
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
380,429
**CREDITORS**
Amounts falling due after more than one year
15
(182,868)
**NET ASSETS**
197,561
**FUNDS**
18
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
-
-
-
6,275
6,275
-
6,275
6,275
-
6,275|31.12.21
Total
funds
£
236,774
4,499
2,594
156,539
163,632
(13,702)
149,930
386,704
(182,868)
203,836
197,561
6,275
203,836|31.12.20
Total
funds
£
237,590
5,050
2,375
162,604
170,029
(11,991)
158,038
395,628
(189,577)
206,051
200,576
5,475
206,051|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 8
## **DEWSBURY GOSPEL CHURCH**
## **BALANCE SHEET - continued 31 DECEMBER 2021**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 20 September 2022 and were signed on its behalf by:
Mr S P Hodgson - Trustee
Mr M D Farrant - Trustee
The notes form part of these financial statements
Page 9
**DEWSBURY GOSPEL CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The Financial Statements are prepared in sterling which is the functional currency of the charity.
## **Going Concern**
At the time of signing these accounts the Trustees are of the opinion that the Charity will remain viable for the foreseeable future and therefore these Financial Statements have been prepared on the Going Concern basis.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost Fixtures and fittings - 15% on reducing balance Computer equipment - 33% on reducing balance
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when the donation is subject to a Deed of Trust, specified by the donor or when funds are raised for particular charitable purposes. Where a restricted fund, not restricted by virtue of a Deed of Trust but established at the trustees discretion, has no further use, for example because the need for which it was established no longer exists, the trustees may, at their absolute discretion, reabsorb such assets as remain into the general, unrestricted, fund of the charity.
Further explanation of the nature and purpose of each fund is disclosed at note 19 to the financial statements.
continued...
Page 10
**DEWSBURY GOSPEL CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **1. ACCOUNTING POLICIES - continued**
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. DONATIONS AND LEGACIES**
|Gifts
Gift aid
Tithes and offerings
**INVESTMENT INCOME**
Deposit account interest
**TOTAL INCOME FOR THE YEAR BY DIVISION**||31.12.21
£
1,417
12,976
57,334
71,727
31.12.21
£
13|31.12.20
£
1,442
12,237
55,351
69,030
31.12.20
£
99|31.12.20
£
1,442
12,237
55,351
69,030
31.12.20
£
99|
|---|---|---|---|---|
||||||
||The|Branch|||
||Gospel|Christian|Total||
||Church|School|2021||
||£|£|£||
|Income for the year|90,354|57,582|147,936||
||||||
## **3. INVESTMENT INCOME**
## **4. TOTAL INCOME FOR THE YEAR BY DIVISION**
The income disclosed excludes recharges of expenses between the divisions of the charity.
## **5. OTHER INCOME**
||2021|2020|
|---|---|---|
||£|£|
|Rent and utilities recharged|19,500|19,500|
||||
The charity has made a charge for rent and a portion of utilities to Charis Bible College Dewsbury and Branch FM for the use of part of one of its properties. See note 20 "Related Party Disclosures" below.
continued...
Page 11
**DEWSBURY GOSPEL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **6. CHARITABLE ACTIVITIES COSTS**
|**CHARITABLE ACTIVITIES COSTS**||||||
|---|---|---|---|---|---|
|Work undertaken by Dewsbury Gospel
Church||Direct
Costs
£
142,371|Support
costs
£
7,780||Totals
£
150,151|
|||||||
|||The|Branch|||
|||Gospel|Christian|Total||
|||Church|School|2021
£
8,533
62,335
543
200
7,588
18,647
570
678
-
2,180
4,470
4,427
11,020
190
1,578
600
-
8,036
10,776
4,918
2,670
192
150,151||
|||£|£|||
|Trustees' salaries||8,533|-|||
|Other salaries and social security costs||4,000|58,335|||
|Pensions||-|543|||
|Water charges||66|134|||
|Insurance||6,347|1,241|||
|Light and heat||10,629|8,018|||
|Telephone||188|382|||
|Postage and stationery|||678|||
|K.i.D.S Church expenses||-|-|||
|Training||-|2,180|||
|Donations made||4,470|-|||
|Learning materials||-|4,427|||
|Repairs and renewals||10,980|40|||
|Motor and travelling expenses||-|190|||
|Security expenses||1,168|410|||
|Rent||600|-|||
|Professional fees||-|-|||
|Depreciation||7,655|381|||
|Bank loan interest||7,543|3,233|||
|**Governance costs:**||||||
|Sundries||2,164|2,754|||
|Accountancy fees||1,335|1,335|||
|Bank charges||96|96|||
|||||||
|||65,774|84,377|||
|||||||
The Governance costs are allocated on the basis of actual expenditure or level of activity in each of the divisions of the charity. The costs disclosed excludes recharges of expenses between the divisions of the charity.
continued...
Page 12
**DEWSBURY GOSPEL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **7. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||31.12.21|31.12.20|
|---|---|---|
||£|£|
|Depreciation - owned assets|8,036|8,296|
|Accountancy fees for independent examination of the financial statements|660|660|
|Accountancy fees for other work|2,010|1,998|
The net income for the year is split between the contributions made by the charity's two divisions as follows:
||The|Branch||
|---|---|---|---|
||Gospel|Christian|Total|
||Church|School|2021|
||£|£|£|
|Net income / (expenditure) for the year|24,580|(26,795)|(2,215)|
|||||
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
Trustees' salaries
|31.12.21|31.12.20|
|---|---|
|£|£|
|8,533|8,533|
Trustees salaries represents remuneration to Mr J J Childs for his services as Pastor of the Church. No remuneration is paid to Trustees in respect of their activities as Trustees.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
## **9. STAFF COSTS**
The average monthly number of employees during the year was as follows:
||31.12.21|31.12.20|
|---|---|---|
|Administration|1|1|
|Teaching|5|5|
|Pastoral|1|1|
||7|7|
No employees received emoluments in excess of £60,000.
continued...
Page 13
**DEWSBURY GOSPEL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
|**10.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
68,253
**Charitable activities**
School and college fees
60,177
Investment income
99
Other income
19,500
**Total**
148,029
**EXPENDITURE ON**
**Charitable activities**
Work undertaken by Dewsbury Gospel Church
129,861
**NET INCOME**
18,168
**Transfers between funds**
804
**Net movement in funds**
18,972
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
181,604
**TOTAL FUNDS CARRIED FORWARD**
200,576|Restricted
funds
£
777
360
-
-
1,137
717
420
(804)
(384)
5,859
5,475|Total
funds
£
69,030
60,537
99
19,500|
|---|---|---|
|||149,166
130,578|
|||18,588
-|
|||18,588
187,463|
|||206,051|
continued...
Page 14
**DEWSBURY GOSPEL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **11. TANGIBLE FIXED ASSETS**
|Freehold
property
£
**COST**
At 1 January 2021
299,990
Additions
-
At 31 December 2021
299,990
**DEPRECIATION**
At 1 January 2021
70,000
Charge for year
6,000
At 31 December 2021
76,000
**NET BOOK VALUE**
At 31 December 2021
223,990
At 31 December 2020
229,990
**12.**
**STOCKS**
Stocks
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Prepayments and accrued income|Fixtures
and
fittings
£
18,473
7,220
25,693
13,699
1,068
14,767
10,926
4,774|Computer
equipment
£
39,821
-
39,821
36,995
968
37,963
1,858
2,826
31.12.21
£
4,499
31.12.21
£
1,057
1,537
2,594|Totals
£
358,284
7,220|Totals
£
358,284
7,220|
|---|---|---|---|---|
||||365,504||
||||120,694
8,036||
||||128,730||
||||236,774||
||||237,590||
||||31.12.20
£
5,050
31.12.20
£
1,063
1,312
2,375||
|||||2,375|
Page 15
continued...
**DEWSBURY GOSPEL CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Bank loans and overdrafts (see note 16)
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
**15.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Bank loans (see note 16)
**16.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans
The bank loan bears interest at 5.5% and is repayable by or before 31 May 2039.|31.12.21
£
6,685
-
1,538
46
5,433
13,702
31.12.21
£
182,868
31.12.21
£
6,685
7,062
23,668
152,138|31.12.20
£
6,328
184
1,003
46
4,430
11,991
31.12.20
£
189,577|
|---|---|---|
|||31.12.20
£
6,328|
|||6,685|
|||22,404|
|||160,488|
Page 16
continued...
**DEWSBURY GOSPEL CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **17. SECURED DEBTS**
The following secured debts are included within creditors:
Bank loans
|31.12.21|31.12.20|
|---|---|
|£|£|
|189,553|195,905|
The bank loan is secured by a First Legal Mortgage over the charity's freehold property and all other tangible fixed assets.
## **18. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General Fund
**Restricted funds**
K.i.D.S. Church
School Fees Fund
Play Area
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General Fund
**Restricted funds**
K.i.D.S. Church
**TOTAL FUNDS**|At 1.1.21
£
200,576
1,409
2,066
2,000
5,475
206,051
Incoming
resources
£
147,136
800
147,936|Net
movement
At
in funds
31.12.21
£
£
(3,015)
197,561
800
2,209
-
2,066
-
2,000
800
6,275
(2,215)
203,836
Resources
Movement
expended
in funds
£
£
(150,151)
(3,015)
-
800
(150,151)
(2,215)|
|---|---|---|
continued...
Page 17
**DEWSBURY GOSPEL CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **18. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|**Unrestricted funds**
General Fund
**Restricted funds**
K.i.D.S. Church
School Fees Fund
Play Area
**TOTAL FUNDS**|At 1.1.20
£
181,604
1,349
2,510
2,000
5,859
187,463|Net
movement
in funds
£
18,168
60
360
-
420
18,588|Transfers
between
funds
£
804
-
(804)
-
(804)
-|At
31.12.20
£
200,576
1,409
2,066
2,000|
|---|---|---|---|---|
|||||5,475|
|||||206,051|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General Fund
**Restricted funds**
K.i.D.S. Church
School Fees Fund
**TOTAL FUNDS**|Incoming
resources
£
148,029
777
360
1,137
149,166|Resources
Movement
expended
in funds
£
£
(129,861)
18,168
(717)
60
-
360
(717)
420
(130,578)
18,588|Resources
Movement
expended
in funds
£
£
(129,861)
18,168
(717)
60
-
360
(717)
420
(130,578)
18,588|
|---|---|---|---|
||||420|
||||18,588|
The K.i.D.S. Church fund was established to fund that aspect of the Church's activities.
The Play Area funds have been established to meet the costs of maintenance and upkeep of these assets of the Church.
The School Fees Fund is a bursary fund to assist with meeting the costs of providing education to worthy candidates lacking the means to meet the costs of school fees.
continued...
Page 18
**DEWSBURY GOSPEL CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **19. RELATED PARTY DISCLOSURES**
During the year remuneration has been paid to Mr J J Childs for his services as Pastor at the Church in the sum of £8,533 (2020: £8,533).
During the year remuneration has been paid to wives and close family members of of some of the trustees as employees of the charity. Remuneration is paid below the market rate for the positions they hold as part-time employees of the charity. The balance of the time required to fulfil the duties of their employment is donated by them to the charity. The trustees and the remuneration paid are:
Mrs V Farrant, teacher at Branch Christian School, wife of Mr M D Farrant: £10,080 (2020: £10,080).
Mrs J E Holt, Headteacher at Branch Christian School, wife of Mr J Holt: £15,000 (2020: £3,750).
Mrs S Childs, teacher at Branch Christian School, wife of Mr J J Childs: £8,960 (2020: £10,080).
The charity sublets part of one of its properties to Branch FM, a charity incorporated in England and Wales (Charity number 1120585), whose aims are concordant with this charity and the Chair of Trustees, Mr S P Hodgson, is also a trustee of Branch FM. The charity has recharged £1,500 (2020: £1,500) for rent and a portion of overheads in respect of the property on a nominal basis. In addition the charity donated the sum of £1,200 (2020: £1,200) to Branch FM during the year.
The charity was charged £600 (2020: £600) for the rent of its Registered Office from Temperance Hall, a charity incorporated in England and Wales (Charity number 247191). Several of the trustees of this charity are also trustees of Temperance Hall; Mr M D Farrant, Mr T Firth, and Mr J J Childs, however they comprise a minority in number of the trustees of that charity. The rent is paid on a rolling arrangement which expires in December 2022.
Page 19
**DEWSBURY GOSPEL CHURCH**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021**
||31.12.21|31.12.20|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Gifts|1,417|1,442|
|Gift aid|12,976|12,237|
|Tithes and offerings|57,334|55,351|
||71,727|69,030|
|**Investment income**|||
|Deposit account interest|13|99|
|**Charitable activities**|||
|School & college fees|56,696|60,537|
|**Other income**|||
|Rent and utilities recharged|19,500|19,500|
|**Total incoming resources**|147,936|149,166|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Trustees' salaries|8,533|8,533|
|Other salaries and social security costs|62,335|52,070|
|Pensions|543|414|
|Water charges|200|206|
|Insurance|7,588|7,979|
|Light and heat|18,647|13,487|
|Telephone|570|473|
|Postage and stationery|678|525|
|K.i.D.S Church expenses|-|717|
|Training|2,180|553|
|Donations made|4,470|3,090|
|Learning materials|4,427|4,494|
|Repairs and renewals|11,020|9,840|
|Motor and travelling expenses|190|200|
|Security expenses|1,578|1,507|
|Rent|600|600|
|Professional fees|-|799|
|Depreciation of freehold property|6,000|6,000|
|Depreciation of fixtures, fittings and equipment|1,068|844|
|Carried forward|130,627|112,331|
This page does not form part of the statutory financial statements
Page 20
## **DEWSBURY GOSPEL CHURCH**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021**
||31.12.21|31.12.20|
|---|---|---|
||£|£|
|**Charitable activities**|||
|Brought forward|130,627|112,331|
|Depreciation of computer equipment|968|1,452|
|Bank loan interest|10,776|11,106|
||142,371|124,889|
|**Support costs**|||
|**Governance costs**|||
|Sundries|4,918|2,911|
|Accountancy fees|2,670|2,658|
|Bank charges|192|120|
||7,780|5,689|
|Total resources expended|150,151|130,578|
|**Net (expenditure)/income**|(2,215)|18,588|
This page does not form part of the statutory financial statements
Page 21