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2021-09-30-accounts

REGISTERED COMPANY NUMBER: 06298283 (England and Wales) REGISTERED CHARITY NUMBER: 1123880

Report of the Trustees and Unaudited Financial Statements

for the Year Ended 30 September 2021

for

All Nations Christian Centre (Wolverhampton)

The Accountancy Firm Limited The Coach House Church Road Oxley Wolverhampton West Midlands WV10 6AB

All Nations Christian Centre (Wolverhampton)

Contents of the Financial Statements for the Year Ended 30 September 2021

Page
Report of the Trustees 1 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Cash Flow Statement 11
Notes to the Cash Flow Statement 12
Notes to the Financial Statements 13 to 21

All Nations Christian Centre (Wolverhampton)

Report of the Trustees for the Year Ended 30 September 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 30 September 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 2015).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the Company are for the benefit of the public:

to advance the Christian faith in accordance with the Statement in such ways and in such parts of the United Kingdom or the world as the directors from time to time may think fit;

to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world, as the directors from time to time think fit, and;

to advance education in such ways and in such parts of the United Kingdom or the world as the directors from time to time may think fit.

Significant activities

The Trustees are satisfied with the progress made during the year in furthering the objectives of the Charity. The Church has continued to engage with worship, prayer, community and mission despite the continuing challenges of the Covid-19 pandemic and the transition in the ways of being church. We are grateful to acknowledge that the Church is in a healthy position both financially and relationally, despite a reduction in income resulting from the restrictions in meeting and some members preferring to move to other churches operating in more traditional ways. A strong emphasis on our purpose as a Christian Church has been maintained.

All Nations is seeking to be fruitful in all areas in the coming years, particularly through transitioning to being disciples who make disciples, gathering in Home Churches as the primary context for Christian discipleship and outreach. We remain committed to care for the spiritual and physical needs of the communities in which members live. The leadership and the trustees see this transition as a response to the leading of the Holy Spirit rather than adopting a different model of church.

Currently, there are also open gatherings in person on the site on the first and third Sundays of the month and on the last Saturday evening each month. These give opportunities for larger numbers across the church family to gather, though our focus is increasingly on the Home Churches. The site has also been used for hosting a number of events of other Christian ministries and plans are underway for making some alterations to facilitate greater use of the site to serve the needs of people in the city.

The Prayer Hub was a room on the site for corporate prayer until mid-March 2020. From April 2020, the "virtual Prayer Hub" became continuous, 24 hours a day and seven days a week, with prayer leaders and participants staying connected by use of social media and, where possible, together in small teams. We acknowledge with gratitude the considerable sacrifice on the part of many who participate in this prayer ministry. We regard this as a significant underpinning of the life of the Church and from April 2022 this Prayer Hub is open to other churches and people connected with the wider All Nations Movement.

All the campuses have found creative ways of connecting with people, particularly during lockdowns. The new campus in Telford has continued to make its building available for various community uses as well as providing much-needed support to vulnerable and isolated people. The partnership with Eden in the Whitmore Reans area continued to impact positively many in the locality with various social and health issues. The team focused on Highfields, Stafford, has continued to meet online and at various times in its building as Life Church Stafford and the congregation is strengthening in number and maturity and beginning to establish Home Churches. The other campuses, Bridge Church in Gornal and Grace Church in Pensnett, have also used technology and personal contacts to continue worship, fellowship and outreach.

The leadership teams of All Nations Church and the various campuses, together with the trustees, are moving towards each of the campuses operating through its own separate charity. This is in line with our vision for all to be involved in making disciples and to encourage Home Churches and local congregations (or groups of Home Churches) to take responsibility for mission in their areas. We aim to limit central control to the minimum required for developing relationships in the church-family, good governance and effective co-operation on larger projects. Grace church is now operating separately and the others will transition as and when it is appropriate.

Page 1

All Nations Christian Centre (Wolverhampton)

Report of the Trustees for the Year Ended 30 September 2021

The wider ministry of All Nations with churches and ministers who wish to belong to the All Nations family, a relational network, has continued to grow in scale and importance. The first conference in person took place in October 2021 and Fuel the Fire events are planned in a number of regional locations around the UK in 2022. The other opportunities for leaders and pastors to share together personally in small groups have continued online, not only because of lockdown restrictions but, more important, because of the geographical spread. The number making contact continues to grow. All Nations Movement, a Charitable Incorporated Organisation, operates those activities, but in very close partnership with the Church. The trustees plan to transfer the relevant part of this charity's operations to All Nations Movement as soon as it has sufficient funding to carry on the activities independently but there will continue to be close co-operation and sharing of resources, including staff and the Temple Street site.

Public benefit

The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the Charity Commission's guidance on public benefit "Charities and Public Benefit." Members of the church have been encouraged to show Christian compassion by helping neighbours with particular needs in isolation during lockdowns and since. This has been done mainly through Home Churches, but some initiatives have been organised involving volunteers from across the Church or individual campuses.

Contributions from volunteers

The Charity is dependent on the generous support of its volunteers in terms of giving time, money and prayer. The Trustees and the Leadership Team are extremely grateful to the All Nations Church family for their continued and generous support of the work of God through All Nations.

ACHIEVEMENT AND PERFORMANCE

REPORT OF THE SENIOR PASTOR

Introduction

As I look back over the year to 30th September 2021, I am again very pleased to note the goodness of the Lord towards us, which has enabled All Nations to continue touching the lives of thousands of people. As reported last year, even before the Covid-19 pandemic changed how we could operate, the leadership team were exploring how All Nations could become more fruitful and better positioned to be "revival ready." We continue to make progress towards embracing "new wineskins" and seeing the Lord transform us as a church family. Our vision and values remain unchanged but the way we work them out in practice will increasingly take a different form.

Public worship and preaching

All Nations Church historically focused most attention on public meetings on Sundays and some conference events. We have valued them as the context for encountering God's presence in worship and for life-transforming preaching. However, over the last few years we have placed increasing emphasis on Life Groups so that discipleship could be worked out in local neighbourhoods through strong relationships. As a leadership team, we felt this needed to go further and the disruption of the pandemic became a valuable opportunity to slow down activities and to focus on prayer and reflection in 2020 and 2021. We have been encouraged by many prophetic words from within the All Nations family and confirmed by other sources.

As a result, we feel strongly the leading of the Holy Spirit to transition carefully from being a church focused on the platform, with members as consumers, to being a family of disciples, where all the members are active in fulfilling the Great Commission by making disciples. We aim to be a family of local communities of disciples and we are therefore developing Home Churches, seeking to be missional in many different neighbourhoods or other communities. We are not so much following a new model of church as seeking to be a disciple-making family and to release all members of the church to function in their spiritual and natural gifts.

Home Churches

So we continue to pursue our vision to empower Home Churches as local congregations, typically small enough in number to be able to gather in a home, to reach out to their neighbourhoods and other social networks.

A Home Church is not a small group within the church but a church in itself, though linked to the family or network and supported by ministry teams.

We aim to rediscover what New Testament Christianity might look like in our time and context

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All Nations Christian Centre (Wolverhampton)

Report of the Trustees for the Year Ended 30 September 2021

We will still have larger gatherings open to all, for worship, testimony, prayer and preaching, currently on the first and third Sundays each month and on the last Saturday evening each month, but our focus will increasingly be on the Home Churches as they are formed in the coming months.

Other churches

We have learned much from the example of some other churches, particularly in other parts of the world, but we are determined to follow the leading of the Spirit rather than simply adopting a particular model or style.

All members of the church have been invited to be part of the journey of exploration and to participate with questions, feedback and sharing any revelation. But we recognise that transition is difficult for everyone and that some members prefer not to come with us on this journey of exploring "new wineskins." We try to have pastoral conversations with all who wish to leave and to help them become rooted in another church locally, many of which we have close working relationships with. We want to bless those who commit to the vision but also bless and release graciously those who choose not to, for whatever reason.

Our aim is that the whole Body of Christ moves forward and we pursue unity as best we can, particularly through supporting the work of Connect which brings together leaders of many local churches and which I currently chair.

Campuses

The existing campuses continue to operate as part of this charity but our medium to long term aim is for each to be a separate charitable vehicle. This process was achieved practically for Grace Church, Pensnett, effective at the end of March 2021.

Our aim is for the transition in campuses to facilitate each to become a "hub," comprising of a number of Home Churches, as part of the wider All Nations Movement. It will also facilitate the development of the specific language congregations and perhaps expansion to other languages: we believe it is important for people to worship and be discipled in their "heart language" if at all possible. However, we intend to move slowly and carefully in releasing campuses, to do all we can so that they are able to flourish.

Youth

The youth work continues to flourish with a mix of gathering on the site for relationship building through fun events and games and prayer and worship. Creative use of social media and online platforms enabled many to continue to connect well during lockdowns, but the focus is now on developing discipleship and Home Churches among older teenagers and young adults.

I am very pleased to note that many young people continued to serve in wider church life, including leading worship and facilitating services both online and in person. I am encouraged by the many signs of spiritual life among our young people. We value the relational connections between younger and older members of the church for the benefit of all.

Covid-19 and community outreach

At the time of writing the world is still struggling to deal with the impact of the virus, COVID-19 and I am pleased to hear many reports of church members supporting people in their neighbourhoods.

Our policy has been to observe the legal restrictions and Covid-19 guidance and I am glad to report there has been no case of a clear conflict between restrictions and our conscience and calling as a Christian church.

We grieve over the loss of life and the serious illness and disruption caused to many in our city. We are also very grateful to God for the relatively small number of serious cases and deaths due to Covid-19 in All Nations, though every case is a cause for compassion and prayer. We continue to pray and seek to serve those who are suffering or bereaved in the communities around.

Many Life Groups continued to serve local areas and on a wider scale we co-operated with the local authorities in Wolverhampton and in Telford to help support isolated individuals or deprived families. I am hopeful this will continue increasingly as we transition to Home Churches.

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All Nations Christian Centre (Wolverhampton)

Report of the Trustees for the Year Ended 30 September 2021

I want to pay tribute to the selfless and tireless efforts of many in All Nations in serving in these ways. We will continue to explore how we can partner with local authorities and other organisations. We also aim to make more use of the premises in Wolverhampton and Telford to serve the wider local communities as well as facilitating our meetings.

Leadership and Teams

I am very grateful to our Leadership team and Campus leads. They have done an outstanding job of supporting us in clarifying vision/direction and developing/mentoring leaders. It has been a challenge to make sure everyone is connected, including all who are not able to access online material or social media. But we are blessed with mature, spiritual people in these teams and other volunteers in the church, who have in many instances given sacrificially of themselves and their time to serve the needs of others.

The team of Area Pastors have been responsible for overseeing and encouraging Life Groups in seven geographical areas and among students, but as part of the journey towards Home Churches we have very recently brought the role to an end. I want to thank all who have served in this way over the last seven years for their hard work and very significant contributions to the life of the church and the Life Group leaders in their care.

A team of overseers was formed in Summer 2021 who facilitate, support and oversee Home Churches. This includes pastoral care of the Home Church leaders. Our vision is for these teams to comprise people serving in all the Ephesians 4:11 ministries, working together to supply what is needed in Home Churches and to enable them to link well with the All Nations family. We do not see this as a hierarchical structure but as a way of ensuring the body builds itself up in love (Ephesians 4:16).

From April 2022 we have recognised a number of people as elders because of their maturity as people and in their relationship with the Lord. They tend to be older in years and carry experience of living in different contexts. Among the whole team there is also experience of different cultures. The main contribution though is the spiritual wisdom available to other leaders and members of the church on request. We do not see this team as part of the governance of the church in giving leadership and direction, but it is important for governance in the wider sense of enhancing our open culture. By recognising these elders we are making it easier for anyone to raise a concern and I am convinced that the easier it is for concerns to be expressed and escalated, if necessary, the less likely it will be needed.

Staff and Volunteers

I am particularly grateful for all the hard work of volunteers and staff that have made possible all our outreach, discipleship, worship and service to so many people. The team is smaller than before the pandemic but we believe this is appropriate for the transition and immediately foreseeable needs. We aim to raise up teams of volunteers for all aspects of church life and to keep the paid staff to the minimum, where needed for particular skills or to release particular ministry gifts. All our past and current, paid and volunteer staff are committed to the vision and work extremely hard to fulfil it. I want to express heartfelt thanks to them all.

Leadership Development

We are committed to raising leaders from within the church and All Nations Movement who will advance the gospel in many locations. During the financial year under review we continued investing in small groups of emerging leaders and also prepared for the launch of All Nations Leadership College, which commenced at the end of September 2020.

The Leadership College continues our threefold approach to training of theological, practical and relational elements, so that we do not simply impart knowledge but address issues that arise in practice through small groups which provide a context for peer support and accountability.

The key aim is to raise and equip Home Church leaders and to develop some emerging 'Ephesians 4:11' ministries. The core sessions were always intended to be delivered online so that participants could be based in their own churches and contexts, but the pandemic has made the small group interactions more difficult this year. Our plans for the second year include making Leadership College capable of being hosted in more locations. We are also working on recording ancillary training materials available as e-courses.

All Nations Movement

The family of churches and ministries around All Nations continues to develop. We are seeking to build these connections on the basis of relationship rather than as an organisation. I continue to be encouraged that a number of those exploring links with the family are from a different theological perspective and denominational backgrounds, as we value unity in Christ highly as part of our preparation for revival in the nation.

For those wanting to connect with the All Nations family and commit to shared vision and culture, we have a number of online "huddles" or small groups for peer support and some input from me or members of the Movement team. This structure is flexible and can be scalable as numbers increase. More important they have the potential to strengthen relational connections much more effectively than merely attending leaders' gatherings.

Page 4

All Nations Christian Centre (Wolverhampton)

Report of the Trustees for the Year Ended 30 September 2021

I am grateful to the Apostolic team that works with me to oversee the Movement, helping in developing the culture and discerning the prophetic direction. Some members lead other networks that are part of the wider family. We think of the Movement as a whole as a tribe comprising a number of clans, each with a number of church families.

There is also a recently formed UK All Nations team which is increasingly active in helping to care for and be available to the churches that identify as part of te All Nations clan.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The organisation is a charitable company limited by guarantee, incorporated on 2 July 2007 and registered as a charity. The company was established under a Memorandum of Association which established its objectives and powers and is governed under its Articles of Association as amended by special resolution on 22 July 2010. In the event of the company being wound up members of the company are required to contribute an amount not exceeding £1.

Recruitment and appointment of new members and trustees

Friends and Associates of the Company may also be appointed by the directors if they think they are fit to be admitted. Friends and Associates do not have the right to speak or vote at general meetings of the Company.

The directors of the Company are the charity Trustees. The Board of Directors comprises the Senior Minister of the Church, together with such persons as the Senior Minister nominates and the directors appoint. A minimum of three directors should serve on the Board. Directors are not required to retire by rotation.

Organisational Structure

The Senior Pastor, Steve Uppal, retains oversight of all church matters, but works with and is accountable to the Trustees and Leadership Team.

Trustees meet formally, normally four times a year to discuss all financial and legal matters concerning the charity but also have regular dialogue in conversation and by email. The Trustees are Toyese Anifalaje, Angela Foster, Israel Moyo and Steve Uppal (Chairman).

The Leadership Team are the Senior Pastor, Manuel and Hannah Heinke, Tom and Bethany Milne, Andrew and Marcia Mumo, Josh and Susie Raybould and Esther Uppal. They oversee and lead all spiritual matters relating to the Church.

The small team of paid staff meets regularly with some of the Leadership Team. The staff team facilitate and implement their strategic direction through taking responsibility for:

Page 5

All Nations Christian Centre (Wolverhampton)

Report of the Trustees for the Year Ended 30 September 2021

All staff and senior volunteers report to one of the "Sphere Leads" who are all members of the Leadership team and oversee various spheres or areas of ministry and operations. They are currently Esther Uppal, Hannah and Manuel Heinke, Susie and Josh Raybould.

A team of Overseers has been operating since the Summer 2021. These overseers facilitate the planting and development of Home Churches and provide pastoral care for their leaders. They provide an important link with the wider family and also have a key role in governance, to help ensure Home Churches embrace the All Nations vision and values and operate in accordance with the policies put in place by the trustees.

Since April 2022 a further team has been drawn together: elders are recognised as people of spiritual maturity and life experience who are available to advise leaders and others on request. They are free to raise any concerns with leadership or trustees and members of the church may raise any concerns with them. By seeking to create a culture of openness and providing several ways for any concerns or issues to be raised, we believe governance is enhanced and the whole church is able to function better in line with the New Testament examples.

Induction and training of new trustees

Trustees are usually active members of All Nations Church but are encouraged to familiarise themselves with the Company's policies and operations and also with Charity Commission guidance. The Company Secretary provides advice on governance and the staff team provide information as needed.

Risk management

The Trustees review the major risks to which the charity is exposed and strategies are developed to mitigate these risks. The Trustees are aware of the risks associated with the scale of the premises owned or occupied, particularly in a city centre location. They have also considered the risks associated with transition to becoming a network of Home Churches and the inevitable disruption.

Internal risks are minimised by attention to an open culture in line with the All Nations values and the implementation of proper processes and procedures. These procedures are regularly reviewed to ensure they remain appropriate.

Governance arrangements

The trustees adopted 'Good Governance: a code for the voluntary and community sector' and has reviewed all the governance arrangements, including the composition of the teams of leaders, volunteers and paid staff, and how they communicate and work together. The trustees have also considered how these may need to be changed and added to, as the scale of operations grows and there are increasing numbers of people involved in All Nations Church and the Movement.

STRATEGIC REPORT

STRUCTURE, GOVERNANCE AND MANAGEMENT

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

06298283 (England and Wales)

Registered Charity number

1123880

Registered office

All Nations Christian Centre Temple Street Wolverhampton West Midlands WV2 4AQ

Page 6

All Nations Christian Centre (Wolverhampton)

Report of the Trustees for the Year Ended 30 September 2021

Trustees

I Moyo C Green (resigned 23.6.21) Mrs A L Foster S Uppal A Anifalaje (appointed 13.4.22)

Bankers

Barclays Bank PLC Leicester, LE87 2BB

Company Secretary C J Horton

Independent Examiner

Mrs M P Posiwnycz FCCA TEP MSWW The Accountancy Firm Limited The Coach House Church Road Oxley Wolverhampton West Midlands WV10 6AB

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 20 July 2022 and signed on the board's behalf by:

Mrs A L Foster - Trustee

Page 7

Independent Examiner's Report to the Trustees of All Nations Christian Centre (Wolverhampton)

Independent examiner's report to the trustees of All Nations Christian Centre (Wolverhampton) ('the Company') I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of FCCA TEP MSWW 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

  2. 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

  3. 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.

Mrs M P Posiwnycz FCCA TEP MSWW The Accountancy Firm Limited The Coach House Church Road Oxley Wolverhampton West Midlands WV10 6AB

20 July 2022

Page 8

All Nations Christian Centre (Wolverhampton)

Statement of Financial Activities for the Year Ended 30 September 2021

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
5
Corporate Worship
Administration
Other trading activities
3
Investment income
4
Other income
Total
EXPENDITURE ON
Raising funds
6
Charitable activities
7
Corporate Worship
Administration
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
19
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
532,821
6,000
-
9,341
304
-
548,466
307
385,602
12,332
398,241
150,225
(63,989)
86,236
425,869
512,105		 Restricted
funds
£
82,688
-
2,000
-
118
-
84,806
54,411
23,002
67,408
144,821
(60,015)
63,989
3,974
1,019,082
1,023,056		 30.9.21
Total
funds
£
615,509
6,000
2,000
9,341
422
-
633,272
54,718
408,604
79,740
543,062
90,210
-
90,210
1,444,951
1,535,161		 30.9.20
Total
funds
£
751,757
375
-
5,442
868
7,671
766,113
2,769
676,581
30,234
709,584
56,529
-
56,529
1,388,422
1,444,951

The notes form part of these financial statements

Page 9

All Nations Christian Centre (Wolverhampton)

Balance Sheet

30 September 2021

Notes
FIXED ASSETS
Tangible assets
14
CURRENT ASSETS
Debtors
15
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
16
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS
Amounts falling due after more than one year
17
NET ASSETS
FUNDS
19
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
fund
£
363,605
68,021
218,177
286,198
(137,698)
148,500
512,105
-
512,105		 Restricted
funds
£
1,618,163
-
198,227
198,227
(30,436)
167,791
1,785,954
(762,898)
1,023,056		 30.9.21
Total
funds
£
1,981,768
68,021
416,404
484,425
(168,134)
316,291
2,298,059
(762,898)
1,535,161
512,105
1,023,056
1,535,161		 30.9.20
Total
funds
£
2,047,951
41,868
335,248
377,116
(202,078)
175,038
2,222,989
(778,038)
1,444,951
425,869
1,019,082
1,444,951

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The financial statements were approved by the Board of Trustees and authorised for issue on 20 July 2022 and were signed on its behalf by:

A L Foster - Trustee

The notes form part of these financial statements

Page 10

All Nations Christian Centre (Wolverhampton)

Cash Flow Statement

for the Year Ended 30 September 2021

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Finance costs paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash (used in)/provided by investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 30.9.21
£
110,535
-
(29,118)
81,417
(683)
422
(261)
81,156
335,248
416,404		 30.9.20
£
173,850
(112)
(35,248)
138,490
-
868
868
139,358
195,890
335,248

The notes form part of these financial statements

Page 11

All Nations Christian Centre (Wolverhampton)

Notes to the Cash Flow Statement for the Year Ended 30 September 2021

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of Financial
Activities)
Adjustments for:
Depreciation charges
Interest received
Interest paid
Finance costs
Decrease in stocks
Increase in debtors
(Decrease)/increase in creditors
Net cash provided by operations		 30.9.21
£
90,210
66,866
(422)
-
29,118
-
(26,153)
(49,084)
110,535		 30.9.20
£
56,529
73,609
(868)
112
35,248
1,121
(5,893)
13,992
173,850
  1. ANALYSIS OF CHANGES IN NET DEBT
At 1.10.20 Cash flow At 30.9.21
£ £ £
Net cash
Cash at bank and in hand 335,248 81,156 416,404
335,248 81,156 416,404
Debt
Debts falling due within 1 year (33,523) 6,683 (26,840)
Debts falling due after 1 year (778,038) 15,140 (762,898)
(811,561) 21,823 (789,738)
Total (476,313) 102,979 (373,334)

The notes form part of these financial statements

Page 12

All Nations Christian Centre (Wolverhampton)

Notes to the Financial Statements for the Year Ended 30 September 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.

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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

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 Improvements to property - 10% on cost Plant and machinery - 25% on reducing balance Fixtures and fittings - 20% on reducing balance Computer equipment - 25% on reducing balance

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 specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

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.

Page 13

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All Nations Christian Centre (Wolverhampton)

Notes to the Financial Statements - continued for the Year Ended 30 September 2021

2.
DONATIONS AND LEGACIES
Donations
Gift aid
3.
OTHER TRADING ACTIVITIES
Shop income
4.
INVESTMENT INCOME
Deposit account interest
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Events income
Corporate Worship
Venue hire
Corporate Worship
Grants
Administration
Grants received, included in the above, are as follows:
6.
RAISING FUNDS
Raising donations and legacies
Staff costs
Support costs
Other trading activities
Purchases
Aggregate amounts		 30.9.21
£
557,079
58,430
615,509
30.9.21
£
9,341
30.9.21
£
422
30.9.21
£
-
6,000
2,000
8,000
30.9.21
£
30.9.21
£
14,676
40,042
54,718
30.9.21
£
-
54,718		 30.9.20
£
685,165
66,592		 30.9.20
£
685,165
66,592
751,757
30.9.20
£
5,442
30.9.20
£
868
30.9.20
£
225
150
-
375
30.9.20
£
30.9.20
£
-
126
126
30.9.20
£
2,643
2,769
2,769

Page 14

continued...

All Nations Christian Centre (Wolverhampton)

Notes to the Financial Statements - continued for the Year Ended 30 September 2021

7. CHARITABLE ACTIVITIES COSTS

7. CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities Support
Direct (see note costs (see
Costs 8) note 9) Totals
£ £ £ £
Corporate Worship 185,047 22,500 201,057 408,604
Administration - - 79,740 79,740
185,047 22,500 280,797 488,344
8. GRANTS PAYABLE
30.9.21 30.9.20
£ £
Corporate Worship 22,500 -
9. SUPPORT COSTS
Information
Management Finance technology
£ £ £
Raising donations and legacies 2,808 11,405 -
Corporate Worship 54,250 2,075 38,648
Administration 5,876 4,408 80
62,934 17,888 38,728
Human Governance
resources Other costs Totals
£ £ £ £
Raising donations and legacies 462 25,367 - 40,042
Corporate Worship 96,708 4,017 5,359 201,057
Administration 710 66,866 1,800 79,740
97,880 96,250 7,159 320,839
10. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
30.9.21 30.9.20
£ £
Independent Examiners' Fee 1,800 1,800
Depreciation - owned assets 66,866 73,609
Other operating leases 8,094 6,720

11. TRUSTEES' REMUNERATION AND BENEFITS

S Uppal, a trustee received remuneration in the year amounting to £50,184.87, social security was £5,726.25 and employer's pension contributions £1,020.00. This remuneration was in respect of his employment as a senior minister

Staff Costs

No employees received emoluments in excess of £60,000

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 September 2021 nor for the year ended 30 September 2020.

Page 15

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All Nations Christian Centre (Wolverhampton)

Notes to the Financial Statements - continued for the Year Ended 30 September 2021

12. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Management
Ministry
Administration
No employees received emoluments in excess of £60,000.		 30.9.21
£
209,779
584
4,671
215,034
30.9.21
3
4
7
14		 30.9.20
£
294,890
22,739
6,104
323,733
30.9.20
1
11
8
20
13.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
666,092
Charitable activities
Corporate Worship
375
Other trading activities
5,442
Investment income
681
Other income
7,671
Total
680,261
EXPENDITURE ON
Raising funds
2,643
Charitable activities
Corporate Worship
538,124
Administration
30,234
Total
571,001
NET INCOME/(EXPENDITURE)
109,260
Transfers between funds
(27,008)
Net movement in funds
82,252
RECONCILIATION OF FUNDS
Total funds brought forward
343,618
TOTAL FUNDS CARRIED FORWARD
425,870		 Restricted
funds
£
85,665
-
-
187
-
85,852
126
138,457
-
138,583
(52,731)
27,008
(25,723)
1,044,804
1,019,081		 Total
funds
£
751,757
375
5,442
868
7,671
766,113
2,769
676,581
30,234
709,584
56,529
-
56,529
1,388,422
1,444,951

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continued...

All Nations Christian Centre (Wolverhampton)

Notes to the Financial Statements - continued for the Year Ended 30 September 2021

14. TANGIBLE FIXED ASSETS

COST
At 1 October 2020
Additions
At 30 September 2021
DEPRECIATION
At 1 October 2020
Charge for year
At 30 September 2021
NET BOOK VALUE
At 30 September 2021
At 30 September 2020
COST
At 1 October 2020
Additions
At 30 September 2021
DEPRECIATION
At 1 October 2020
Charge for year
At 30 September 2021
NET BOOK VALUE
At 30 September 2021
At 30 September 2020
15.
DEBTORS
Amounts falling due within one year:
Other debtors
Prepayments and accrued income
Prepayments
Amounts falling due after more than one year:
Trade debtors
Aggregate amounts		 Freehold
property
£
2,212,652
-
2,212,652
264,675
44,253
308,928
1,903,724
1,947,977
Fixtures
and
fittings
£
30,127
-
30,127
25,785
869
26,654
3,473
4,342		 Improvements
to
property
£
18,920
-
18,920
3,784
1,892
5,676
13,244
15,136
Computer
equipment
£
27,111
683
27,794
21,429
1,149
22,578
5,216
5,682
30.9.21
£
68,021
-
-
68,021
-
68,021		 Plant and
machinery
£
272,226
-
272,226
197,412
18,703
216,115
56,111
74,814
Totals
£
2,561,036
683
2,561,719
513,085
66,866
579,951
1,981,768
2,047,951
30.9.20
£
10,532
21,540
9,471
41,543
325
41,868

Page 17

continued...

All Nations Christian Centre (Wolverhampton)

Notes to the Financial Statements - continued for the Year Ended 30 September 2021

16.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 18)
Trade creditors
Social security and other taxes
Other creditors
Wages control account
Pension control account
Accrued expenses
17.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 18)
18.
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 more 5 yr by instal
19.
MOVEMENT IN FUNDS
Net
At
movement
1.10.20
in funds
£
£
Unrestricted funds
General Fund
425,869
150,225
Restricted funds
Building Fund
886,100
(60,563)
Missions
18,316
(9,560)
Spiwe
12,663
4,890
Straits Community Church
89,327
7,954
Grace Building Fund
15,136
(6,568)
Whitmore Reans Community Project
(2,460)
3,832
1,019,082
(60,015)
TOTAL FUNDS
1,444,951
90,210		 30.9.21
£
26,840
-
4,421
136,119
-
754
-
168,134
30.9.21
£
762,898
30.9.21
£
26,840
27,610
90,102
645,186
Transfers
between
funds
£
(63,989)
36,032
4,141
(3,070)
15,311
2,686
8,889
63,989
-		 30.9.20
£
33,523
315
12,951
121,671
23,453
777
9,388
202,078
30.9.20
£
778,038
30.9.20
£
33,523
31,156
99,771
647,111
At
30.9.21
£
512,105
861,569
12,897
14,483
112,592
11,254
10,261
1,023,056
1,535,161

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continued...

All Nations Christian Centre (Wolverhampton)

Notes to the Financial Statements - continued for the Year Ended 30 September 2021

19. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General Fund
Restricted funds
Building Fund
Missions
Spiwe
Straits Community Church
Grace Building Fund
Whitmore Reans Community Project
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General Fund
Restricted funds
Building Fund
Missions
Spiwe
Straits Community Church
Grace Building Fund
Whitmore Reans Community Project
Community Worker - Telford
TOTAL FUNDS		 At
1.10.19
£
343,618
906,837
3,080
1,651
100,000
17,028
8,208
8,000
1,044,804
1,388,422		 Incoming
resources
£
548,466
19,259
13,322
5,708
19,046
10,003
17,468
84,806
633,272
Net
movement
in funds
£
109,259
(57,591)
4,151
150
(258)
(1,892)
2,710
-
(52,730)
56,529		 Resources
expended
£
(398,241)
(79,822)
(22,882)
(818)
(11,092)
(16,571)
(13,636)
(144,821)
(543,062)
Transfers
between
funds
£
(27,008)
36,854
11,085
10,862
(10,415)
-
(13,378)
(8,000)
27,008
-		 Movement
in funds
£
150,225
(60,563)
(9,560)
4,890
7,954
(6,568)
3,832
(60,015)
90,210
At
30.9.20
£
425,869
886,100
18,316
12,663
89,327
15,136
(2,460)
-
1,019,082
1,444,951

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continued...

All Nations Christian Centre (Wolverhampton)

Notes to the Financial Statements - continued for the Year Ended 30 September 2021

19. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General Fund 680,261 (571,002) 109,259
Restricted funds
Building Fund 33,380 (90,971) (57,591)
Missions 11,978 (7,827) 4,151
Spiwe 1,132 (982) 150
Straits Community Church 19,938 (20,196) (258)
Grace Building Fund - (1,892) (1,892)
Whitmore Reans Community Project 19,424 (16,714) 2,710
85,852 (138,582) (52,730)
TOTAL FUNDS 766,113 (709,584) 56,529

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General Fund
Restricted funds
Building Fund
Missions
Spiwe
Straits Community Church
Grace Building Fund
Whitmore Reans Community Project
Community Worker - Telford
TOTAL FUNDS		 At
1.10.19
£
343,618
906,837
3,080
1,651
100,000
17,028
8,208
8,000
1,044,804
1,388,422		 Net
movement
in funds
£
259,484
(118,154)
(5,409)
5,040
7,696
(8,460)
6,542
-
(112,745)
146,739		 Transfers
between
funds
£
(90,997)
72,886
15,226
7,792
4,896
2,686
(4,489)
(8,000)
90,997
-		 At
30.9.21
£
512,105
861,569
12,897
14,483
112,592
11,254
10,261
-
1,023,056
1,535,161

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continued...

All Nations Christian Centre (Wolverhampton)

Notes to the Financial Statements - continued for the Year Ended 30 September 2021

19. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General Fund 1,228,727 (969,243) 259,484
Restricted funds
Building Fund 52,639 (170,793) (118,154)
Missions 25,300 (30,709) (5,409)
Spiwe 6,840 (1,800) 5,040
Straits Community Church 38,984 (31,288) 7,696
Grace Building Fund 10,003 (18,463) (8,460)
Whitmore Reans Community Project 36,892 (30,350) 6,542
170,658 (283,403) (112,745)
TOTAL FUNDS 1,399,385 (1,252,646) 146,739

Description, nature and purpose of the restricted funds

Building fund - A restricted fund for all income and expenditure relating to our property acquisition and building project.

Missions - A restricted fund for all income and expenditure relating to mission work, including REACH. REACH stands for Reaching Every Adult and Child Holistically and supports a project that works with vulnerable families in India.

Spiwe - A restricted fund to support a vulnerable member of the Church.

Grace Building Fund - A restricted fund for the purpose of building improvements at Grace Church. The balance represents the net book value of assets purchased with these funds.

Straits Community Church - A restricted fund held to be used only for mission activities or a building project for the benefit of the Straits and surrounding area as agreed by the Straits Campus Pastor and leadership team. Whitmore Reans Community Project - A restricted fund to support community work in the Whitmore Reans area of Wolverhampton.

Community Worker Telford - A restricted fund to support community work in the Telford area.

Transfers between funds were made as shown above.

20. RELATED PARTY DISCLOSURES

In December 2018 Mrs A Foster, a Trustee, loaned the charity £115,000 for the purpose of purchasing a property.

The loan is interest free and repayable on demand. The balance at 30 September 2021 was £110,000.

Page 21