Brave Clwvth (Clwlty Reg Nfy. 11239941 Annual Report of the Trustees 2021 BRAVE CHURCH Rewrt and Financlal Statements for the year endlng 31° DKember 2021 Charlty No:. 1123994 8rdve Church Watson Street Oswaldtwistle ACCRINGTON 885 3HH
Contents of the Flnancial Statem¢nts for the Year Ended 31st 0mbr2021 Ch•rlty & Admlnlstratlon Detsl Report ofthèTNstW5 4t08 Independtrnt Examln•rf$ Report io li Notes tothe F1ftmd 51at•m•nts 12to20 Page 2 of 20
BRA CHURCH CHARrrY& ADMINISTrATIVE DETAIiS Annual Retum for 2021 Charlty number 1123994 Samuel Duerden-chalrnn Benjamln Whltsk Pamela Wharton Slmon Rushton Tlmothy Haywood Valda Rushton CurrentAccount Yorkshire Bank plc 40 Church Street. BLACKBURN BBI SAW Cofcosh Account and CafSawngsAccount CAF Bank Ltd 25 Kin85 Hlll.Avenue Klngs Hill. West Mallln8 KENT ME194JQ Inde ndent Examlner Vktoria Jane Fotshaw MAAT Association of Accounting Technicians 2 Watson Street Oswaldiwlstle Accrln8ton Lancashlre BB5 3HH Page 3 of20
Bra¥e Clwr¢h ICIMrlty Rel Nth. 1123994) Annual Report of theTrustee$ 2021-contlnued TTUStees: Samuel Duerden- Chairnian Iday to day management of the charltyl Benjamln Whttaker. Pamela Wharton. Simon Rushton, fimothy Haywood The trustees present their report with the financial ststements of the charity for the year erKled 31 December 2021. The trustees have adopted the provisrons of Accounting and Reporting by Charities: Statement of Recommended practi applicable to charities preparing their accounts in accordance with the Financial Reportingstsndard apPIae in the Uxand Republlc of Ireland IFRS 1021 leffectlve ljanuary 2015). The Trustees of the Charlty presenttheir report of the charltvs actfvSties along with the financlal statements of the Charity for the year emled 31 December 2021. The obiertfves of the charlty as per the trust deed are: to advar)ce the Chrfstlan fraith in accordance wbth the Statement of BelFets appearlng In the Schedule hereto In Accrfngton Lancashlre and in Such other parts of the Unfted Klngdom or the world as the Trustees may from time to time think fft and to fulfil such other purp05e5 whlch are exclusl¥ely d)aritable accordlng to the law of En8&nd and Wales and ale connected wlth the charltsble work of the Trust lo relleve slckness ¥nd financlal hardshlp and to promote and preserve good he•lth by tl* provlslon of fur$, 8¢Jods or servlces of any klnd. Including throwdh the provlsion of coun5elllng and support and the funnlng of a r&settlement programme for eXffenderS In such parts of the Unfted Kln8dom or the wodd as the Trustees from tjme to tlme may thlnk fft. (We have not worked on a resettlement programme for ex-offendeTS over the last few yeats and the Trustees are lookin8 at whether to contlnue thls as part of the constltutlon when they are revlsln8 thelr alms In Sprin8 2022.) thurch As a church we have contSnued to be astounded by the contlnued 8eneroslty of our congregatlon. They have remained committed to falthfully donating throughout th15 year and wlthout their sUPPOrt we would not have been able to carry out our mandate durirs the pandemlc. Wlth the support of our volunteers we were able to contlnue meetln8 the 8rowlng rd$ of our communlty. As COVID restrirtions ended. It became apparent that the devastatlon of the lart two vears had afferted every area of soclety. Alongside the loss, the uncertaintyand the wider impllcatK)ns of COVID, many people took a step back to re-evaluate thelr I. Samuel and Rachel also took 5abbatlcal to rediscover their puryse as Senior Ministers. For 10 years thèy had faithfulty led Brave Church and after Caful consideration and prayer they felt that it was time to step away from their roles at Brave Church. They were both committed to staying in posttion and leading the Church until new Senior minters were found and therefore they continued to lead all aspetts of the charity untll 31° Decernber 2021. As a thurch. delivered our pre-recor(led services online eath week to gl¥e peo a lifeline to stay connected. We have continued this all year despite lowering of restriLtions due to protectin8 vulnerable members of the congregan butalso as ithas attracted new audiences who prefer onllne Page 4 of 20
8Ave c[Ch (ch# Re8 No: I3994) church. Before we re-opewl up our walk-in seNice5. we offered smallergri>ups In the Coffee House to help our most vulnerable readapt to living in community wlth others again. For some. thls helped to ease the worry but as a church had to COgnIse that online services would stlll be just as important for many of our congregation. With this in mlnd. we decided to record our live servi$ $0 that our viewers could still feel part of the congregation. The Church bought a new sound desk and large screen to support the online experience. Throughout the year we IntrOdUced 8uest speakers to our online and In person Serv15. We contlnued to partner wlth other thurches here In the UK and America to expand our preaching dellvery. We partnered wlth sd015 and healthcare provldets and slowly stsrted to open up some of our communitygroups. Numbers were Ilmkted due to restrictionsand keepSn8vulnerable people safe. Our pastoral care was greatty scaled up this year and 8radualty we introduced pastoTrl meetirEs in the buildinB rather than outdoors. Our expanded food partel provlslon was dellvered to home addresses for famllles that were In need of support. Our TratIOnshIP wSth Compassion Internattonal has contlnued throughout the year. with the thurch sponsorin8 93 thlldren. We are extremely pro1 of the way that ¥ have been able to adapt our delKry and stlll fithll our chartty objectives in the relief of poverty, sickness. the provlsion of pastoral support and beln8 faithfvl to our commltmenl to advandng the Christ5an falth. C•mmwlty Care for our community expanded throughout 2021. We spent a total of £38.117 on belng a helpin8 hand to those affected flnanclally by COVID. Additionally. we Bave £8,221 to help support those Imparted soclalty. mental, and emotlonally. We were a150 able to bless many of those worklng tlrelessty throughout the pandemlc wlth wellbein8 8lfts, Includlng teachers and careworkers. We supported famllles with funeral costs to let them krW that they were not alone and that we cared. In July 2021, we partnered wlth Hyndbum Hollday Acttvftles and Food pro8ramme IHAFI, where we saw 50 young people from our tommunlty. many from disadvantaged background5, tske part In Olympic-ba5ed team actrvities and enjoy food together. Thi5 was a great hi8hll8ht of the year and it was great to see the chlldren thrlvln8 In the envlronrnent thai had been created for them. As thls had been suth a 8reat suttess, we partnered wlth HAF fortwo furtherevents at Chrlstinas. The first was free of charge community event which Involved a nat6vity ser¥lce. donkey rldes. Sants's grotto and free food and refreshments for every famlly member and the second event which wa$ 50 chlldren sned up to HAF having a Christmas meal wtth festive artivitie& All the d)ildren's famllles also receNed a Christmas food hamper. This is a partnershrp that will contlnue Into the future. Bulldl The main area of the bulldinB remained closed to the general publlc due to government restrfctlons on tonference centres and soft play areas until ju 2021. enabled us to complete all the constructlon and cosmetic work on the two new toilet blocksand we also resurfaced the outdoorarea where the conseryatory and decking had been. The latter not onty covered the groundwork but it created more parkin8 spaS for both the Pre-school and the main building. A new entrance with an accessibility ramp vrds also created. giving greater access to our Coffee House area. Some of the external fire exit doors were replaced and work on ennc¥ li8htin8 was stsrted. Page 5 of 20
Brave Clwrth {Charfty Re8 Plo: 112Y994) Annual ftepNt ofthe Trustees 2021-continued Our Church staff who worked In the main building remained on furlough whilst this was avallable as we were unable to open and generate any Income. We were also eliglble to claim £36,749 from Business Support Grants The buildi remained COVID compltant throughout the whole of 2021. Utilities were hlgher due to the rising price5 and also the building bein8 more operational than the prevlous year. Pre.School Following guldante, the Pre-school remalned opeft thn>u8hout 2021. Often. we had low numbers as parents that were furloughed chose to keep their children at home. As a charitable organisation. we chose not to charge those who dld not attend dueto COV1[related Issues aswe knewthat this would dirertly bring hardship to the families. The Pre-school expenditure was conslderably hlgher despite the lower daity intskes due to the rlsln8 Cost of PPE and new equipment to help the children to experience new ways of learnin8. A8enry stsff were also hlred when employees had to Isolate due to C0VID-1ated illnesses. Throu8hout the Summer breaL the Pre-school was n0Vated intemally and externaliy. The Pr&School manager also re-evaluated her role durlng 2021 and made the declslon to leave Prfr School at the end of August. Durlng the pandemic she had been volunteerfnB to help primary school chlldren to read as home schoollng had not been beneficial to many children who already stnrggled wlth adIng. Thls re-sparked a passlon that she prevlously had as a Primary School Teacher and she has slnce secured work in this fleld. We appolnted a new Pre-school Manager to oversee thi5 work from September 2021. Durlng 2021. the Coffee House Mana8er and Chlldren's Party or8ani5er found employment in chosen professlon& CraiB and Debornh Clark were appolnted as the new Senlor Mlnisters of Brave Church from January 2022. Cralg and Deborah have been part of the local church In thls for 25+ vear5 and have sl8nificant leader5hlp experlence In variou5 sertors. As a CharFty. we reco8nlse that we would not be able to carry outthe work we dow5thoutthe support. Investment, and commitment of our falthful volunteers, who work tlrelessty in their ser¥lce to t Church. Publlc b•n•fft The trustees have regard to theCharltyCommis51on'58uldance on publlc benefft and all Issues relatl to running a charity. The actlvltles outlifted above are the maln actfvltie5 undertaken to further the purpose for public benefit. StnKtuM. y>vornance and management The Charlty is governed by Its Trust Deed and the oTrgoln8 runnlng of the Charity 15 overseen by the Board of Trustees. The board of Trustees eureS that the charity and its representatfves function wlthin the legal and regulatory framework of the sector and in line with the organi5ation's governing documen( continually strivingfor bestprattice in govemance. Theyalso uphold the fiduciaryduty Invested in the posrtion, undertaklng such duties in a way continualty striving for best practice Sn governance thai adds to public confidence and trust in the charity- Throughout the course of the year, the Trustees met a total of three thne& Newtrustees are appolnted wlth adheren to the Charity Commi55ion guidelines CC30. It Isessential that tlw are a person commltted to the teathings of the Blble and have personal knowledge of God Page 6 of 20
Loio- Lo( Brave C1M4h {Ch8rlty Reg rkn 1123994) Annual Report oftheTrustee$ 2021~continu¢d through Jesus Christ. They should be in agreement wlth the obiettives and core values of Brave Church. Trustees are nominated to join the team bythe Trustees and approved and appointed by the existlngTrustee& Thisyearsimon Ru5hton and Haywoodioined the Trustees on atemporary basis for the purpose of appointing a new Senior Mlnlster/& Both of these resigned when the new Senlor Minister appointmerrts had been made. Or8anlsattMal structure In 2021. the Senh)r Minlster, Samuel Duerden had spiritual arKI day-to-day overslght of the charity. Samuel was Chair of TnJstee5 as per the Constitution and was answerable to them. They met three tlmes In the year. From January 2022. Cralg cla wlll become the new Senlor Mlnister and Chair of Trustees. Craig will oversee the spiritual aspert of Church and his wife, Deknrah ClarL will oversee the community aspect of the charity. Alongslde the Pre-school staff and the Senlor Mlnisters. the church employed two people full-tlme IExecutPrfe Team Leader arKf Business & A(Imlnlstration Dlrectorl. The rest of the charlvs work was conducted by a committed group of volunteers. Rlsk Management The TnJstees have a duty to Identify and rewewthe rfsksto whlch the Charlty Isexposed and to ensure approprlate controls are in place to provide reasonable assurance against fvaud and efror. Trustee approval is requId for all signlflcant Items of expendlture. Recelpts or Invol are requlre(I In support of payments, and these are allocated a8alnst the appropriate cost centres in our accountln8 system to ensure that an audit trail Is provrded for all expendlture. It Is a requirement that all Tees. Staff. and persons workln8 wlth chlldren andlorvulnerable adults are tared by kxilite under Dlsclosure and Barrfng Service Scheme. All DBS applicatlon5 are made through thlrtyone:ei8ht (formerly CCPASI. Child protection polScies are relevant and effectlve and safe8uardlng tfaln5n8 has been carrfed out wlth all our staff and volunteers. Approprlate Insurance cover 15 In place and ts regularty revlewed to ensure that the charity's rlsks are managed propedy. We are adequately covered for 8ulldln& Publlcand Employers, Liability 1nsUftn. We a150 hold a separate Insurance Pollcy speclfkalty tsilored for Nur5erles/PTrSclM)oIs. Hnanclal Revlew At 31 Dernber 2021. the Chartty held totsl funds of £304.716. all of which are unre5trlcted funds. Thls includes all fixed assets. It Is Intended that sufficlent reserves are retained to enable the Charity to undertake Its financial commltments for a minimum of two months whlth would equate to approximatety £30,(. The level of available, liquid unrestricted funds carrfed fonward at 31 December 2021 meets the required level of reserve. We also note that completed improvements to the bulldlng wlll have added si8nificant value to the bullding wlth revaluation planned for 2022. Plan5 foT future perlods As Trustees, we conslder that we are continuing to achieve our mandate as a charity in the advance of the Chrlstian faith ènd provision of funds and Servi to help tIse in need. and look forward to extending our work and partnerships in 2022. Plans are well underway for our development into the year. We have completed a revtew of our financial liabilities and are confident in our ability to seNice these. Page 7 of20
Bra Church {Charlty Reg Nw. 11219941 Anrwal RepOrtoftheT$teeS 2021-uxrtinued The Trustees are partlculartyencouraged bythe response of commurtylpastoral support and also the appointment of the new Senlor Ministers Cra18 and Deborah Clark. Tlw are working into 2022 with a transition team to ensure a smooth handover and have plan5 to build a new team to continue the worL To that end. we plan to update ourchartt4ble aims arKI objective5 in Spring 2022 to additlonalty incltKJe offering eMoOnal heaFth support. such as counsel11 the pmvision of educatlon and tralnin& to fulty align wlth ourcommitment to Pre-sthool, andthe relief of need by way of youth. age. IIF-health or disabillty. financial hardship or other dlsadvantsge through provis*Jn of spetialist ao%fice. a drop-in ntre and 8roups. The community arm will be overseen by Deborah Clark. who has extensive experience in this sector after eleven years as CEO of Communlty Solutions North West. The wlde network and partnershlps that both Craig and Deborah brlng to Brdve Church, as well as their commitment to buSEdin8 a generatlonal, generous and Inclusive staff and volunteer team. Stand us In good stead for takin8 the r)ext Steps as an or8anlsation. To this end, it has been agreed in prlnclple by the mort8age providerthat we will be able to settle the monles owed on the bulldin8 by Summer 2022. by way of Church fvndratsing to the sum of £750CK) to be match fvnded. We understand this Is an Incdible blessing which will allow the char to Increase Its work slgnWlcantty- Plans are afoot to transttlon the Charlty Into a Charltsble Incorpordted Or8ani5atJon (CIO) by the end of 2022 and to wlden the Trustee5 and a Board of Reference to ensure there are speclallst portfolio holders who wlll help us fulfil our charitable oblectives. In a(Idition. we have committed to developln8 our expenditure pollcles to allow for bud8etin& forecasting and operatlonal spendlng. Slgned On behalf of the Trustees who approve thls informatlon 8en Wh6taker- Tmstee ts have been dlstharged for 2021. priorto myappolntmentaschairon 9thJanuary 2022 Cra rk Chalr of Trustees Page 8 of 20
•c¢7ts ofth• Bra¥9 Chjrth (thoTnAt) lrtjrlhe yweThlèd 31 Demb¥2021. èxafflinatsM I have folow•J am applica1) t¢bS bythe Chaffly under sockn 145(5}Ib) ofthe Acl. IDd•p•nd•nt•MmW• •tt•m•nt your gro88 Incom• OX$8 £250,000 yow oxamThr mu8t bg a m ofa k8ted bDdy. I con confirm tho118m qUalifd to undertako tho •xamingfjon bgcw8•1 a wl•ternd M01tr* A8soL¥èbon ofAcoxnting Technicrans vthich18 on• ofts listsd t.88.
xamthatr)n gNing me cau8e to believ• that in any m•lgrlg1 T•8Ct..
l. ac¢w)Ilw r•oyd• nol re¥poci alth6 Tnmt 08 lry 130 ofth• Art or 3. th• accounts do not Crnpty with thè applkable rwhm•nt8 c4n¢•mlng the fom and cont•nl ol a¢<1$ 8Ot out Char1ti88 {AUnts and R¢port81 Regulth"on8 2008 olher than any re(wlrwnont th•tth• aLX>)ur*8 ¥v• a truè arKI fairrftrw 18 nut a matter ¢orwKl•rwJ 88 wt of an Independentex•mkngtbn. rla Jarte Forshaw MAAT Association of Accounting Technicians 2 Watson Street Oswaldtwlstle Accrington Lancashire BB5 3HH 24 September 2022 Page 9 of 20
Brave Church Ststement of Financial Acti¥itles for the Year Ended 31 December 2021 INCOME FROM Charitable Actlvities Notes Unrestslcted Re5trlrted Total Funds Totsl Funds Funds zozi 2020 Birthday Parties Donations & Le8acSes Gift Aid recer4ed HyndbLtm HAF Fundln8 Governmert Business Support Grant Government Job Retention Grant Peek a Boo Preschool The Coffee House Interest 210 128,638 32.290 133.211 32,179 11.558 144,769 32.179 7.8 36,749 36.749 77.439 77.439 98,934 100,676 2.565 li ltyJ.676 2.565 li 124,856 4.107 306.278 96,797 403.075 393,039 EKPEiii>ifuRE ON Charltable Actlvitles 303,223 96.797 4(M).020 338,244 303.223 96.797 41(X)A120 338,244 IIET INCOMV(EXPENI>ITUREI ¢wrfed foThv•nl 3.055 3,055 54,795 RECONauATION OF FUNDS Total funds brouthtforw•rd 301.661 301,661 246,866 TOTAL FUNDS CARRIED FORWARD 304.716 304,716 301,661 copmNUIN6 OPERATIONS All Income and expenditure has arF5en from contlnuln8 aCtk4ltle The notesform part of these finanaal statements Page20
Balance Sheet as at 3ts1 Decem2021 Plotes Umestrlrted Re5ts1(ted Total FwMl$ T•Jtsl Funds Funds Funds 2021 2020 FIXED ASSErs TangIb Assets CURRENf ASSETS Cash at bank and in hand Debtors io 426.747 426,747 367.703 73.463 6.933 73,463 6,933 61.151 22.499 li 507,143 507.143 451.353 CURRENT UAWLMES (CREOR4 Falllng due t*Jlthlft one year 12 150.517) 150.5171 123.2821 TOTAL ASSETS LESS CURRENTUABILMES 456.626 456,626 428.071 CREDITORS Falllng due after more th•n one ye•f 115L910) 115L9101 1126.410) NET ASSErs 304,716 304,716 301,661 REPRESENTED BY FUND5 Iwr rlled SOFA) Unrestrfcted Restrkted 304.716 301.661 304.716 301,661 The flnanclal statsment5 weo approved bythe Board ofTrustees on 09 Awaust 2022. These are si8ned on the Trustees behalf bv: Benlamln Whrtaker Trustee Charity Regi5tratlon Number:1123994 The notes fomi part of these financial 5tstements P4e 11 of 20
Notesknthe Rnanda Statem•ntsforth• Year Ended 31 Decefflber 2021 sls of preparfrythefinan¢lal ststements The finandal statements of the charity, whlch Is a public benefft entity under FRS 102. have been prepared in accordance with the Charities SORP IFRS 1021'Accountin8 and Reportin¥ by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance Wtth the Flnanclal Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 leffertwe l January 2015}', Flnancial Reportln8 Standard 102 Yhe Flnanclal Reportln8 Standard appllcable In the UK and Republlc of Ireland,, and the Charities Act 2011. The financial statements have been prepared underthe historical cost conventh)n. The principal accountinB p)licies adopted in the prwratlon of the finab)c5•1 ststements ore set out below. st•nd8rd IOZ- reduced disclosure exemptlons. The charlty ha5 taken advantage of the fouowing disclosure exemption in Preparin8 these fin•n¢ial ststements, as permitted ty FRS 102 Yhè Flnanclal Report1 Stsndard applicable in the UK and Republk of Ireland,: - the requlrements of Settn 7 Statement of Cash Flows. Incom All Income15 recoBnlsed In the StateN*nt of Flnanckl Actfvltles once the charty has entltlèment to the funds, bt bs probgble that the Income wlll be recefved. and the amount Ca lje measured rellabty. Liabllltles are recognlsed as expendlture as soon a5 there Ss a legal or constfuctfveobligatlon commTttin8 the charity to that expenditure, it is probable that a transfer of economlc beneffts wlll be requlred in settlement and the amount of the obll8ation c4n be measured reliably. Expèndlture 1$ accounted for on an accruals basis and has been classtfied under headi5 that a88re8ate all Cost related to the category. Where costs cannot be directly attribjted to particular headingsi they have been alkncated to activitles on a basis consistent with the use of resources. Support costs directfy attributable to an actbvty have been allocated to that art. Where support Costs cannot be dlrectty attritxrted to any actlvitythey have been allocated In proportion to dtrect expendlture. TanillAe fixed assets Depreclatlon Is pmvidefl at the followlng annual rates In orderto Twfite off each asset over its estimated usefvl life. Freehold property- 2% on cost Fixtures and ffttin¥s- 15% on cost Electronic equipment- 15% on cost Page 12 of 20
Notes tothe Flnandal Statements fortheythw Ended 31 Dec•nlr 20ZI. cortlnued The charity is exemptfrom tax on its tharitable actNitie5. Fund oCMUrtI Unfestricted funds be used in accordance wlth the charltable oblecti¥es at the difftiion of the trustee& Restrlrted funds can onty used for partkulaT restrfcted purposes wlthln the ollects of the charlty. Restrictlonsarise when specified by the donor orwhen fvnds are ra15ed for rtul•r feslrirt purposes. Further explanatlon of the nature and purpose of exh fvndls Included in the notes to the financlal statements. Penslon costs and thher post.retlr¢ment b•nolltS The charity operates a deflned contributlon penslon scheme wlth The People's Pension. Contrlbutlons payable to the charTty's penslon scheme are charged to the Statement of Flnanclal Act5 In the perlod to whkh they relate. BKk blnand•l Instrum•nts Basic financial Instrnments are measured at amortlsed cost wlth chawdes recognlsed In profft or1055. Crldcal ccwnllnBesElmttt and ar•M olJudwn•nt Est5mates and jud8ements are contlnually evaluated and based on historical experbence and other lartor¥ Including expertions of future events that are believed to be SOnable under the circumstances. Crltl(41 ace0*1 ••tlm•t•s and 495umptlons: The charfty makes estimates and assumptlons concernlng the futu. There are Ro resultln8 accountin8 estimates and assumptions that have a si8tiificant risk of causin8 materlal adjustment to the carryin8 amounts of assets and Ilabllltles wlthin the next financlal year. Crftlcal areas olludgementr. In the appllcatlon of the charlty's accountlng polkies the trustees are required to make lud8ements, estimates and a55umptb)ns al>out the carrying amounts of certain assets and liabilltles. The estimates and aSl0ted assumptlons a based on hi5torlcal experlence and other factorsthat are consldered relevant. The items In the financial statements where the5ejudgements and estimates have been made 5ndude:. Depreciatlon- Depreciation Is calculated so as to wrlte off the costof an asset. less Its Idual value. Lwerthe economic Ilfe ofthat asset Page 13 of 20
BRAVECHURCII riotssto the Flnandal statements for the Year Ended 31 Dec•mbor2021.cmtitiued 2. CHARITABLE AcnvtnES There were no othertrading as all artkTitles actr¥ities run by Brave Church meet the objectNes and the aims written within the Trust Deed. Below Is a breakdown of the Income from Charitable Activities. 8lrthday Parties Donatlons & Legaci25 Gift Ald recefved Hyndbum HAF Fundln8 Government Buslness Support Government Job Retention Grant (Furlough) Peek a 800 p$th0O1 The Coffee House Interest 210 128.638 32.290 144,769 32.179 36,749 77.439 98.934 100.676 2.565 li 124.856 4,107 403,075 393.039 INVESTMENT INCOME Depo$lt account Interest li li Thls has been odded Into the Charltable A¢tivities Income forthe year endlng 3tst Dernber 2021. TOTALS Iwe note S) note 61 Charltsble activlties 303,223 96.797 4(M).020 There have been no Support Costs in the Year erKJed 31 December 2021. Page 14 0120
BRAVECHURCH riotesto the Nnandal statrmentsfor the Ended 31 Der•mber2021.¢thrtinued 5. DIRECT COSTS OF CHAlltrAW AcnvmES TOTAL 1021 2021 2021 2020 AccomodatlonnraveVFuel Administration Advertlsin8 Building Covld Compliant Charlty Lease Car Charlty Salaries Coffee House Stock CommunSty Support Depreclatlon Guest Honorarlum Hospltallty Household Stock IBulldln8) Insurances InterneVPhone MedlalWebsitÈlWotship Ministry Events Mlnlstry Glfts Monthly FeelBank Char8È Mort8a8e Interest Pastoral Support Peek a Boo Preschool Prlntln8 Refvse RenovationslRepair Subscription/MembeTshlps Trainin8 Utllitles 3,065 256 3.065 256 626 2892 2,492 1.887 5.751 172.897 2.982 33.542 3,125 95.148 77,439 172.588 894 38.117 13.544 2,91)0 1,717 7,032 3.705 3,546 6.694 12,726 6,618 26,559 11.558 1.717 7.032 3.705 3.546 6,694 4.927 6,618 1,301 6.658 3,727 3,595 5,411 334 7,800 147 23,5 8,221 23.590 8,221 5.363 238 28,028 34.329 612 1,025 33,964 5.3S1 575 16.096 34,329 612 1.025 33.964 5.351 575 16,096 35,192 5,950 12,729 303.223 96.797 338.244 Pryetsof20
BRAVE CHURCH Nrtesto the fiThanclal statements f¢r the Year Ended 31 De¢ember2021- 6. SUPPORT COSTS (see note 51 Isee note 6) Independent examinerfees 7. TRUSTEES. REMUNERATION AND BENEFITS During thè yèar trustee remuneration totalled £31,59512020- £24.887}. £24,793 of the monies relate to one trustee beln8 pald for hls Position as Senior Mlnlster of 8rave Church las the Trust Deed Speci5) over a twetve month perlod and not to hls post or dutie5 a5 a trustee of the ¢haiity. £6.802 of the monles relate to a full time employee beSn8 paid for his posltion as EXecl¥e Team Leoder of Brave Church Ond not as a tempornry trustee of the charlty dufln8 the trnnsition perfod Octoberto December 2021. AII figures Include Employer National Insurance and Pension contributions. There were no other btnefrts for the year ended 31st Otcember 2021 or 31st December 2020. There We no trustee's expenses paid in the year ended 310e¢ember 2021 orfor the ye•rended 31 December 2020. W38es and salgrles Soclal Security Costs Other Penslon Costs 157,359 11,618 3.611 158,648 11,729 2.520 172.588 172,897 The average monthty number of employees durln8 the yearwas asfollows Trustee All Ch4rlty Stsff li io 12 No employees received emoluments in ex¢ess of £60.1XJO. Pa8e ts of 20
BRAVE OIiIRCH Notes tothe Flnandal s&tem10rthe Year Ended 31 December 2021. e¢htlnwl 9. COMPARATIVES FOR ThE sfATEMEP4T OF FIPIANCIAL ACTMTIES INCOME FROM Uniestrl¢ted Total Funds Fwbds Charitable Activities 8lrthd•y Partles Donations & Le8a¢les Grft Aid received GrantslFundin8 Government Bu51ness Support Gr•nt Government Job Retention Grant Peek a Boo Preschool The Coffee House VAT overchar8ed now recovwable Interest 210 116,378 32.290 210 128,638 32.290 12.260 98.934 98,934 I,ooA 124,856 4,107 124,856 4.106 281.844 111,195 393.039 EXPENDfwRE ON Charitable actV4ities Other actlvltles 227,049 111.195 338,244 TOTAL 227.049 111,195 338,244 ET INCOMVIEXPENDITURE 54.795 54.795 RECoNaUATN OF FUNDS Unrestrfcted Funds Tot Fun Funds Totsl tsn¢ts brwht lorw•rd 246.866 246.866 YOTAL FUNDSCARRIED FORWARD 301.661 301.661 Pay 17 of 20
BRAVE CHURCH Note5 toth• Hnandal ststements lorthe Year Ended 31 De(ember 2021. ¢fyttln*l Ffeehold Hxthres and Electronlc Totsls ploixrty Fthln8s equiprnert At istjanuary 2021 AddltiOn512 new toilet and revamp existin81 Addition5 (Preschool) Additions (Boilerladditional radiators Offi/haIl) Additions l Emergency L8htln8 & doors) AddttloTrs (Sound desK xreen and tvsl 350.(h)) 51,280 21,954 5,931 5.216 10.433 30.950 432,230 21,954 5,931 5,216 10.433 29.053 29.053 350,(XM) 94,815 60.fM)3 504.818 DEPREaATION At Istjanuary 2021 Char8e foryear 42.884 7,790 21,643 5.754 64,527 13.544 50,674 27.397 78.071 NET BOOKVALUE At 31st December 2021 350,000 44.141 32.606 426.747 350.(MX) 8.396 9.307 367,703 No depcl10n provlded on the l)ulldln8 asthe currentty estim•ted resklual vahje of the propety not less than the carrylnB value and the remaini uselul Irfe of this asset currentlw eJt¢eeds 50 years. so that any depreclatbn char8es would be Immatsrlal. DepCIatIon has been made on all new addltlons to Fixtures and Flttlngs and electrltal equlpm•nt. 11. DEBTOR&. AMOUt4TS FAiUNG DUE WH1 ONE YEAR Debtors Gfft AMI Hyndburn HAF Funding 6,333 22.499 &933 22,499 Pa8e of 20
BRAVE CHURCH N•xesto the Fth•nctsl ststementsfor the Year End•d 31 Dec•mbor 2021. 12. CREOtroA&. AMOUNTS FAWNG DUE WITHIN ONE YEAR Z021 2020 Taxation and social security Other Pension costs Ministry events Utilities Renovations & Repalrs Loan Repayments Mortgage Interest Prepayment Preschool Other Creditors 3.087 1.484 601 2.965 2.751 4.500 23.5 11.435 104 2.632 325 20,229 96 50.517 23,282 13. CREDrroR&. Amouprrs FAiUNG DUEAFfER MOREThAPI Ot4E YEAR 2021 2020 Mort8a8e Loan 126,410 25.51X) 126,410 151,910 126,410 Depre¢latlon Is not provided on the bulldini as the Currentty estlm*ed resldual value of the property not less than the canryln8 Value and the remalnin8 usefvl life of thls asset CUrntty e¥¢eed$ 50 years. so that any depredatlon thar8es would be immoteflal. two ye8rs Interest beln8 added tothe r•maInld baljncè. 14. LOANS The follow5n8 loan Is induded withln creditors Repayments due wlthkn one year Repayments due between one and five years 45lXI 25.5(KS 25.500 15. LEASING AGREEMEMrs There havè been no minimijm lease payments under non-cancellable operating Eeasesthat fell due in the year endi 315t December 202L There were also no minimum lease payments under non-cancellable operating leases that fell due in the year endlng 31st December 2020. p•flO
BRAVE CHURCII I& SEClED DEBTS The folow1 secured debts are incknled within credltors 2020 Mortgage 126,410 126NIO 126,410 126.410 17. RELATED PARTY DISCiOSURES Trustees have made wulardon•tlons ts the thurch durln8the year. Remuneratlon pakl to famlty members of trnstees during the year was £43.80412020- £23.1351. Th relates to two trtsstee wives beln8 pabd as fvll tlme empbyees of Brnve Church. One Rel*ed Party bs for• Iwefve month perfod •nd one Reled Party is for a three month perfod. The fiBure includes Empknyer Natlonal Insurance and Pensbon Contrlbutlons.The totsl also Includes payments totslllng £13.157 pald to • third Related Party who is the $15ter of a trustee. She holds a Qualified Teadwr st4tU5 and Is currentty mana8in8 our Otsted re81stered Pre-school. Page 20of20