Registered charity number 1126481 # **Emmanuel Evangelical Church Chippenham** **Trustees Annual Report for year ending 31[st] March 2022** Emmanuel Evangelical Church Chippenham ## **Reference and administration details** Charity name EMMANUEL EVANGELICAL CHURCH CHIPPENHAM Other names EECC Registered charity No. 1126481 Charity's principal address Goldney Avenue Chippenham Wiltshire Postcode SN15 1ND ## **Names of the charity trustees who manage the charity** |Trustee name
Pastor Spencer Shaw
Mr Geoffrey Wells
Mr Raymond Michael
Jones
Mr Andrew Edwin Nash
Mr William Brown
Mr Marc Thomas
Mr Nicholas Court|Office
Chairman

Treasurer
Secretary

Secretary
|Dates acted if not for whole year
Resigned 12.10.2021
Resigned 31.7.2021
Started 30.9.2021| |---|---|---| Trustees Annual Report to 31[st] March 2022 Page 2/8 Emmanuel Evangelical Church Chippenham ## **Structure, governance and management** ## _**Governing Document**_ Emmanuel Evangelical Church Chippenham (EECC) is constituted as a charitable trust registered with the Charity Commission in October 2008 under charity number 1126481. It is governed by a constitution document as adopted on 19th October 2008. Trustees are elected by the church membership in accordance with the Constitution and Church Governance documents. ## _**Induction and training of trustees**_ Whenever a new Managing Trustee is appointed (s)he shall be provided with a copy of:- - a) the latest annual report and accounts of the Church; - b) the Constitution and Church Rules; - c) any other relevant documentation relating to the Trust. ## _**Organisational Structure**_ The charity trustees are responsible for the general control and management of the charity. The managing trustees meet at least four times in each 12 month period for a formal trustees meeting in accordance with the Constitution. The managing trustees are church officers and include the Pastor, Elders, Treasurer, and Secretary; all of whom are active in the work of the charity. A Finance Advisory Committee (FAC) has been set up to assist in the smooth running of the charity, with particular focus on advising the trustees on the most appropriate financial practice and management of funds. The FAC is chaired by one of the trustees, and the FAC committee includes the Treasurer and other church members with relevant skills and experience. The day-to-day activities of the church are conducted by the church membership, under the guidance and direction of the church officers. A number of sub-committees and groups have been set up to facilitate the management of the various activities, and these are chaired by one of the church officers. ## _**Consideration of Risks**_ Three main areas of risk have been identified, and procedures put in place to mitigate. The charity closely monitors and manages its finances, and operates with a reserves policy to ensure that funds are available for ongoing support of its objectives. Appropriate insurance is in place to protect the charity. DBS checks are made for all those who will be working with children or other vulnerable groups as part of the church’s activities. Trustees Annual Report to 31[st] March 2022 Page 3/8 Emmanuel Evangelical Church Chippenham ## **Objectives and Activities** ## _**Our aims**_ The objects of the charity are set out in the charity’s constitution document, and are summarised as follows: - (1) the advancement of the Christian faith in accordance with the Basis of Faith (as described in the Constitution document) primarily but not exclusively within Chippenham and the surrounding neighbourhood; and - (2) such other charitable purposes as shall, in the opinion of the members of the Church in general meeting, further the work of the Church. ## _**Our Strategies**_ In support of our objectives, our strategies are to enable anyone regardless of age, race, or religion, to learn more about the Christian faith as taught in the Bible; to provide an environment where Christians can learn and worship together; and to encourage Christians to share the love of God and good news of Jesus Christ through active involvement and contribution in our neighbourhoods and communities. In pursuing our strategies, the trustees have had regard to the guidance issued by the Charity Commission on public benefit, and consider these to be of benefit to both Christians within the church and to the wider community as a whole. ## _**Our Activities and Achievements**_ Our main activities and achievements are as follows: Sunday services – we run two church services regularly each Sunday, with regular attendance from people across the entire community, and including a Sunday School for younger children. The number of ‘in-person’ attendees at both services is consistent (with congregations regularly of 100+ in the morning, and 50+ in the evening), with others attending online via the livestream. People attending include both Christians and non-Christians who enjoy the friendship and support of the church community. Frequently visitors comment that it is a very friendly and welcoming church, and that they are amazed to see such a good cross-section of people from all ages. Sunday School is run during the morning service. Youth groups – we run regular meetings for young people, to enable them to explore more about the Christian faith, develop positive friendships, and support them as they face life’s big issues. We currently run two groups: one group aimed at teenagers, and a Kids Club aimed particularly at providing a safe and supportive environment for children in school years 1-6 from the community. Men’s and Women’s groups – our Men’s Group and Women’s Group provide the opportunity for all ages to meet together. These have included speakers from a Trustees Annual Report to 31[st] March 2022 Page 4/8 Emmanuel Evangelical Church Chippenham variety of walks of life, and continue to prove to be a source of great encouragement and support to those who attend. E-tots – We have a weekly term time toddler group for parents/carers to meet up and attend with their young children. Knit and Natter meet once a week and is open to all to come along and knit together and chat. The group provides an opportunity for some older people who might not otherwise engage much with the community to get out and make contact with others in their area. Home Groups & Prayer meetings – home groups meet twice each month, operating as smaller friendship or support groups; these provide additional opportunities for people to get to know and support each other. Prayer is an important part of the Christian faith, and our fortnightly prayer meetings provide the opportunity for people to practice their faith and worship together in this way, as we pray for the needs of those in the church, our community, and the wider world. The prayer meeting is run as a hybrid meeting (in-person and on Zoom) so that those who have caring commitments or are unwell/unable to attend in-person for other reasons can still participate in the meeting. Pastoral support – a number of our leaders and members are involved in visiting older people, or those who are unwell, in their homes, care-homes, and in hospital to provide friendship, support and encouragement. Pastoral team – we have continued to employ a full-time Pastor and an assistant Pastor, to lead the pastoral work. This has enabled us to extend our activities, particularly in our Youth Work and pastoral support, as well as provide training and development support for the assistant to grow in their gifts and experience. Administrative support – we have continued to employ an Administrator to coordinate our varied activities, and this has continued to be highly positive, enabling the pastoral team to focus more of their time on pastoral support and so enabling us to be more efficient and effective in our use of time and resources. Church support teams – we are privileged to have a number of church members able to lead and teach in church services, and our church support team regularly goes out to smaller churches in the surrounding villages that do not have the funds or resources to support their own Pastors or Ministers. School’s support – we provide a team of volunteers who are invited by our local primary schools on a weekly basis to conduct school assemblies. This continues to be in great demand, with strong links developed with local schools. Often the assemblies have been recorded and provided as a video resource for schools to use in classes. Community engagement and outreach – we have hosted a wide range of activities and meetings to encourage and enable people in our community to easily engage Trustees Annual Report to 31[st] March 2022 Page 5/8 Emmanuel Evangelical Church Chippenham with our church. These have included activities such as a Quiz Night, Craft Evenings, Community Christmas Carol services and carol singing in the local areas. Our Community Open Day and ‘Craft in the Park’ event at our local park were unable to take place due to the pandemic but these will restart this year. Other community involvement – we encourage our members to be active in contributing to the life of the wider community; we have, for example, church members who are active in Rotary Club, as governors of our local schools, volunteering in schools, and active in other charities. ## _**Contribution by church members**_ While the church does employ two full time workers (our Pastor and an assistant Pastor) and part-time administrator, it would not be possible to accomplish all the above without the hard work and service of all the members who give so much time and effort voluntarily in support of our aims and objectives. Trustees Annual Report to 31[st] March 2022 Page 6/8 Emmanuel Evangelical Church Chippenham ## **Financial review** ## _**Reserves Policy**_ The trustees have reviewed the reserves of the charity. Our unrestricted funds currently are sufficient to cover 5 month’s operating costs of the church, excluding further giving. Our aim is to have unrestricted funds to meet 3 month’s operating costs of the church. ## _**Principle source of funds**_ The charities main source of income is giving from regular attendees and members of the church. Giving has been generous, and has enabled us to maintain our investment in areas of ministry and activities. Even during the pandemic, numbers attending / linking with church continues to grow, and it would seem reasonable to expect that giving will continue to increase. While we remain cautiously optimistic, we continue to review income and expense on a regular basis, and adjust as required. ## _**Mortgage**_ We have a mortgage which enabled us to purchase our premises, and we continue with monthly repayments as planned. ## _**Investment Policy and Objectives**_ The charity has no long-term investments. Our cash reserves are held in current and deposit accounts. ## _**Future plans**_ We intend to continue to pursue our aims and objectives through our current activities, and to also look for further activities and opportunities to exercise these, as funds allow. Trustees Annual Report to 31[st] March 2022 Page 7/8 Emmanuel Evangelical Church Chippenham ## **Declaration** The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) -�-------.......................................... .................................... Full name(s) Pastor Spencer Shaw Mr Nicholas Court Position Chairman Trustee Date 19[th] December 2022 19[th] December 2022 Trustees Annual Report to 31[st] March 2022 Page 8/8 Independent examiner's report to the trustees of Emmanuel Evangelical Church Chippenham I report to the trustees on my examination of the accounts of Emmanuel Evangelical Church Chippenham for the year ended 31 March 2022, which are attached to this report on pages I to 40. Responslbilitie5 and basis of report As the charity trustees of Emmanuel Evangelical Church Chippenham, you are responsible for the preparatlon of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of Emmanuel Evangelical Church Chippenham's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. l. accounting records were not kept in respect of Emmanuel Evangelical Church Chippenham as required by section 130 of the Act,. or 2. the accounts do not accord with those records,. or 3. the accounts do not comply wlth the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. 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. Heather Locke, FCA 3 Lipman Way Malmesbury SN16 9FH 19 January 2024 I CHARITY COMMISSION FOR ENGLAND AND WALES Emmanuel Evangellcal Church Chlppenham Annual accounts for the Charity No I any) eriod 1126481 Pori(￿ start data 0110412021 To Pèriod end dale 3110312022 Section A Statement of financial activities R88trl¢tg In¢ome funds Re¢ommend8d categories by activity Unrestrlcted lund5 Endowment funds Prlor year Jnd$ Ttstsi fund5 Incomlng rtsources (Note 31 F01 F02 F03 F04 F05 Incorne and endwmtrnts from.. 149,843 149,843 185,817 CWIlPAYèaC￿￿t& C>tsrlWiW￿tiViI lA￿tr￿ents 105 105 114 Separatemawd li￿ Dfitwne 701 701 701 150.649 3.071 189002 Total Resoureès •xpènded (Note 61 Expèn(Stur• fm: R&SIruf￿ 137,636 217 137,854 133,033 810 S11 8,157 145794 11,304 19,462 157,315 21,238 154271 Total S12 Net Ineomell¥xpgnditurel before investment gainslllossesl S13 w￿1￿e5) S14 Net ineom•llèxpenditurel Extraordinary items Transf•rs bètwegn funds S15 S16 S17 Other recognlsed galnslllo$s•$l: S18 Other￿Er￿1(￿S￿l N•t movement in funds SI9 Reconclllatlon of funds.. Tot¥ brow kn¥3id Total funds carfed fonvanl S21 63,983 370,923 434,905 428.239 400.175 434.905 Section B Balance sheet Rèstri¢tèd Incom8 funds Uftre¥tricted lunds Endowment funds Total this year Total last year Fixed assets Intangible assets Tangible assets Heritage assets Investments F01 F02 F03 F04 FOS (Note 151 (Note 14} (Notg 161 (Note 171 Total fix8d a$sets 213,989 351683 565 672 571841 213,989 351,683 565,672 Current assets Stocks (Noto 18) Debtors (Note 191 Investments (Note 17.4) Cash at bank and in hand INote 24) Total ¢uffent ass•ts 46.741 57,507 8,419 8,419 55,160 65,926 61,206 Blo Creditors.. amounts fallin9 due wlthln one year {Note 201 B11 Not cunpnt a$set￿(lIabIlltles) 812 28,924 8,419 37,343 Total assets less current Ilabllltles 813 242,913 360,103 603,015 637,955 Creditors: amount$ falllng due after one year (Note 201 ProvisionB for liabilities B14 174776 174 776 815 Total net assots or liabilitigs Funds of the Charity Endowment fund¥ (Nole 2n Restricted income f unds INots 271 Unrestricted funds Revaluation rpserve B16 68,136 360,103 428,239 434,906 817 B18 360 103 360.103 68.136 370 923 B19 63,983 Total funds B21 68,136 360,103 428,239 Signed by one ortwo trustees on behalf ol all the trustees D8t8 of approval ddlmmlyyyy Signature Print Name 1910112024 Section C Notes to the account5 Note 1 Basis of preparation This section should be completed by all charities. 1.1 Basis of accounting These accounts have been prepared under the historical cost conventDn with items recognised at cost or transaCt￿n value n￿sS otherwise stated in the re￿vant notelsl to these accounts. The accounts have been re ared in accordance with-. the Statement of Recommended PraCt￿6- Accounthg and Reporting by Chari(ies preparing their accounts in accordance with the FinancHI Reporting Standard appI￿able kn the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and with. and with" the Financkql Reporbng Standard applicable in the United lfjngdom and Republ￿ of Ireland IFRS 1021 and with the Ch8r((ies Act 2011. The charty constitutes a public beneff( entfty as deflned by FRS 102." -Tick as apprDpriate 1.2 Golng concern 11 the￿ material uncertalntles ￿lated to events or conditions that cast signlflcant doubt on the charity s ability to continue as a going concem. pleas• provide the following detalls orstate "Not applicable", rfoppropriate.. An explanation as to those factors that support the conelu$ion that the charty is a going concern: N/A Disclosure of any uncertaintres that make the going concern assumption doubtful., N/A Vvhere accounts are not prepared on a going Concern basis, please disclose this fact together wf(h the basis on which the trustees prepared the a¢¢ount8 and the reason why the charity is not regarded as a gong concern. N/A Section C Notes to the accounts {cont) Note 1 Basis of preparatlon (cont) 1.3 Change of accounting policy The accounts present a true and fair vw and the accounting poliC￿S adopted are those outlined in note 2. Yes" -Tick as appropriat8 Please dlsclose.. (i) the nature of the change in accounting policy,. NIA (ii) the reasons why applying the ngw accounting policy pmvldes more rellable and more relevant infomiation," and NIA (111) the amount of the adjustment foreach Ilne affected in the cunEnt period, each priorperiod presented and the aggregate amount of the adjustment relatlng to periods before those presented, 3.44 FRS 102 SORP. N/A 1.4 Chang8S to accounting estimates No changes to accounting astimales have occurred in the reporting per￿dI3.46 FRS 102 SORPI. Yes. No. -T￿k as appropriate Please disclose.. (i) the nature of any changos," NIA (li) the effect of the change on Income and expense or assets and liabilities for the cu￿nt period,. and N/A (iii) where practicable. the effect of the ¢hange In one or more future periods. N/A Section C Notes to the accounts Icont) Note 1 Basls of preparatlon {cont} 1.5 Material prlor year errors No materral prior year error have beèn kdentffied in the reporting period13.47 FRS 102 SORP}. Yes. -T￿k as appropriate No. Please dis¢lose.- (ij th• nature of tho prlorperiod em?r,' N/A (il) for each prlorperlod presented In the accounts the amount of the correction for each account line Item affected,. and NIA (ffll) the amount of the correction at the beginning of the eartiest priorperlod presented in th• accounts. NIA Section C Notes to the accounts (contl Note 2 Accounting policles Please complete thls note when first reporting underFRS2702. sect￿Tr 35 of FRS102, tsqUi￿s 3 ￿cOncl1{al￿nS to bè prnsenled, rfall afrp appI￿able. 2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE Please provide a description of the natyr¢ of each change In a¢¢ounting pollcy Reconcilatton of fvnds previous GAAP lo funds dglgrmlngd und¢r FRS 702 End of period Stsrt of perlod Fund balan¢¢$ as previously statsd Adjusthents.. Fund balanc• as restatsd Roconcilation of not Incom•/(n•t expendi￿re) per prnvious GAAP to n¢t incorn¢/(net expendI￿re) under FRS 102 End of Net inc¢)mellexpenditurel as previously ststed Adiustments.. Previous perlod nèt Incomellexpendltural a$ re8tated Section C Note5 to the accounts Icontl Notg 2 Aecountlng polieies 2.2 INCOME This sl8ndanl fvst of 8CGounlfftg pohcloshas bgen 8ppli9d bythe ¢h8rfty axcept forthose tKked'No' or'W&'. a dlFfgr8nt or 8ddlflonalptrl￿y hgs been adoptecl then Ihis is dètaietl in Ihe box bslow. Recoonltlon of Income These aE induded in the Stslem8nl of Finanrial ACt￿rt*S ISoFAlwhen'. the charity be¢om8s entilkd to the ts50urr%&.' il likety than not that the tystees wll rec&we the resource¥.' and the monetary value Ixn be n*asur&d wilh 8uffKienl r&lll8bility. No Nla Thare has been no offsetdng of assets and ligbilt*s, or inwme and expenses, unkss requwad or permitted by the FRS 102 SORP or FRS 102. Nla Off8éthng Yes Nl8 Grants and donaJons Grdnts and donatK>n5 are only induded ￿ the SOFA the gèntrrBI in￿n￿ re￿9n￿on Grilella are m8t15.10 10 5.12 FRS102 SOFIPI. In t*e ￿se of perf0m￿n¢t re￿Ied gRnl$. Incon￿ nvJst onty be recognlsed to IhÈ extent that th8 charity has piovided the 8peofRd goods or 90Nk8s as ent￿￿r￿Trt to the grnnt only occurs when the perfomanc8 r8L8tad are r*t15.16 FRS 102 SORPI. LegaGie5 8re ￿Cluded In the SOFA When rece￿11& probab￿. th41 is. vthen there has been grdnl of probate. the exe<￿t￿LS heve established that there are suffiaent assets in the estate and any Condit￿n$ aita¢hed lo the Lgg8cy ara either1￿thin Ihe control of th8 tharity orhave been met. Yes No Nl8 Lega¢l68 Yes Nl8 Govgmmoni grants Ye$ No Nla The charfty h88 r8(tNed government arants kn the rèporbng peTh)d Gift Ald rètrèwable i4 in¢ludtrd ￿ in¢orne when there 15 8 valid d¢darat￿Tr from the donor. Yax Te¢lalm8 on donations Any Gift Aha 8munl ￿COvered on a ¢onatlon L8 ￿nSIdered to be part ofthat glft and and gÉfts treated as an addfiion to the satn& fund as th8 Intt181 donation unless the donor orthe tems ofthe app8al have 5peryfEd othervtte. Yes No Nla Yes Nl8 Contractual income and performance related grants This is onty induded in the SOFA the charity ha5 prov￿ad th8 tslatèd goods or $8ndces or met the perf0m￿n¢8 reL8i&d ca)ndit￿ns. Yes Donoted g¥od9 Donated goods are measured ai fak value (the attDunt forwhth Ihe a￿1 ¢ould be axchangedl unks$ impr8Cti¢al to do so. No Nla The wsl ot any stock of goods donated for d￿nbUt￿)n to benefiG￿9rPES ￿ deemed lo be the fa￿valU￿ of those gifts al the tin* of th&ir ￿ceipt and they are recognk5ed on r&ceipt. In the fvpotbng period in which th& stocks ato distributgd, they ar& recognL%ed a$ an expons at thtr tr2rrying amunt of the stocks ai d&%iribUi￿rt. Yes No Nla Donated goods forre¥b are measured al fatr¥a￿e on In￿81 re￿gnit￿Tr. thich i% the expected pro¢eed$ from sale less Ihe expected costs of ¥8b, and reGogni%ed in 'ln¢ome from othar trading adwitie5' ￿￿th the correspondlng stock reco9nised ￿ the baknGe sheet. On it3 sale the valua of stock is eharged against'lnwme ffom olheriradlng aCt￿ryt￿S, and the Pfocaeds fmm Sa￿ are •L80 rtrwgni89d es'lncom? from othertradln9 a¢t[v￿￿9,. No Nla No Nla Goods donated foron*otng use by the charity 8re ￿¢00￿1$ed as langibk rtKed ass8ts and induded ID the SOFA as incoming then ￿Ceivable. Yes Nla Grfts in kind for use by thg charity ars nduded in the SOFA as incorf* frem den8t￿n$ vjhen rtrteD{8b￿. Section C Notes to the a¢¢ounts Icontl Note 2 Accountlng pollcl•s (cont) 2.2 INCOME (cont) Donated $grvi¢as and Pd¢llities tbnated ser￿￿e9 and f8clrfiie$ are included in the SOFA then rer£Ned al the va￿e of the grft to the tharrty pro￿￿e{j the value of the grfl ¢aD be mea5urad relkgbty. Donated se￿1￿$ and facllrtles that cgnsum£d Iriynèdiatèly arè rgcognisad as inL*)fflg ¥￿￿ an equwabnt amount re￿gn￿o a$ an expen6e underthe 8pp￿P￿81é hèad￿9 In the No Nla Yes No Fva SOFA. No Nla Support CO8ts The charity has ￿￿[red expenditure on support costs. Ye5 No Nla Volunto•r help The value of any voluntary help TEcewed ￿ not included in the atcounts but is d&stiibed in the Imslees. aDnua5 report. Yes Nla Income from InleresL royalties and di¥id2nd5 This is induded in thtr a￿unIS when r8c8bt is prob8bie and the arnount re¢%iwdble czn ba mpasured ￿liab￿. Ye5 No Nla In¢oma from momborshlp Membekshlp subsc4lPtK>n5 rP￿￿tsd In th8 nature of a gift are recognwd in Dc*nalk?ns and 8ub8¢rlpWeng Legacies. Membership subscriptvJns vA)￿h gfves a n*mbartha right lo buy 6etwcè¥ orother benefSts are rewgnised as inCoff￿ eamed from the provis￿￿ of goods and se￿ICe8 a8 i)come from charitsble a¢ttvthes. Insuran(* t￿lmS are enW Induded in the SOFA when the genaral inwme recognitDn uiteria are met15.10 to 5.12 FRS102 SORPland arn Indud¢d as an Ilfym of other incomtr In th& SOFA. Yes Nla Yes No s*￿ement of insurance clalm$ Nla No Nla InYo5knent Balns and 108$•8 Th￿ ￿d￿deS any realged or unrtalised galns or b$ses on the sale of invfrst￿nts and any galn or bss resLStting fmm ￿va￿l￿9 investn*nts to Tr4rtet value at the end ofthe year. Section C Notes to the accounts Icontl Notè 2 Aeeountlng pollclos Icontl 2.3 EXPENDITURE AND LIABILITIES Llability ro¢ognitloTh L￿bIllIES are re￿)g￿￿e￿ where Yt Is mr8 I￿ty than not that Ih8ro ￿ a bgal Of constructive Obl￿atIon committing the charity to pay out ￿$0￿re6¥ and the amount of the obligath)n c¥n be n*asured v￿trh reason8b￿ wrtainly. Support ox)sls have been allo￿ted beh¥e•n govemanc8 Costs and other support. Goveman¢e costs o)mpri% all ry)6ts invofvin9 publ￿ 8c¢ount8bllKy of lh8 chariiyand Cornpl￿nce with regulalion and good pta¢tKe. No Wa es Govvrnat￿e and Support ¢o$ts Support costs Include c8nlrdl functK>ns 8nd hÉvÈ béan allocated lo athRy c08t categories on a basi8 tr)nslstenl wilh the use of resources. eg allDcatino pnperty costs by fbor areas. orpercapita, staff costs by the spent and Other costs by Ihetr usage. Yes No Nla Yes Nla Grant8 wlth p6rformanc8 conditions Wh•rn the ¢haAty g￿0$ a gBnt with condit￿n$ for h8 payn*nl belng a speulc level of or output lo be prO￿ed. such grdnts ar8 onty recogntsad in the SOFA oncE th• rtrcyvani of the grant has prciv¥Jed the specified serv]ce or oJlpul. ere thetÈ are no condit￿n8 att8chino to the grant that enab￿8 the donorchority to realis1Ka1￿ avolo the wmtNimèni. a Ikblllty forthe ful funding oblvJation musl be recognised. Yes Nla Grants payablo wlthout porforman¢e ¢ondlU•ns Ye5 Redundon¢y cost The charty m8de no Bdundancy paym8nls durfno Ihg ￿POrt￿l9 parfod. Ye$ Nla Deferred Incomo No N*ter￿1 Rem ofd9fvrr9d incoma has b88n inc4uded in the ac(fjunts. Yes Nla Credltors Th£ thatity has credkor8 ￿ttICh are rne#$uKed at settkn*nt arrounts any Irada di8counl$ Yes Nl8 Provl$lons lor Ilabillties A lablity B D￿aSUrPd on reL¥)gnitti)n at its hthricol rA>3t and Subsequenty rwasU￿d ai the best e$tittBle ef th& arrounl required to 88tt￿ the eblvJalion at the rEPOrtlng dale The charity artounis for bas￿ finan￿al insirumnts on initial recognition as per par¥oraph Basic financ181 Inslruments 10.7 FRS102 SORP. Subsequent Measurer￿nt Is as per paR9raphs 11.17 10 11 19, FRS102 SORP. Yes Wa Section C Notes to the accounts Icontl Note 2 Accounting pollcl•s leontl 2.4 ASSErs Tanolble fixed assets for use by charlty Th858 caprtal8ed tr they eAn be used for th8n on8 year, and cost at bast £50 They are vakned at cg81. The dapr¢that￿n rates and mBthods used are dL4dosed h not8 9.2. The th8rf1y has fftlangIb￿ r￿ed assets, that ￿, non{￿netary assets that do not have physical substance but arn ￿trnt￿lable and ar8 wntrolled by the Charity Ihrouoh custody or legal rights. The amortisation raltrs and mÈthods used are dwbsed in note 9.5 Intanglble ffixod a$B•ts Yes No Nla No Nla Thoy are y8￿Jed at cost. HeYSta96 a88ots The charity h8$ heritage assets. th81 Is. non4Tr)netary assets v￿th historic, artls1iG, sclen1rf￿, techn0k)g￿l. geophygcal orenvtronm8DtsI qu81itKg5 that are held and maintalnad principally for Iherconlribution to and o¥Jttura. The ¢epr¢c4tion rale6 and Tll8thods used as d￿cloSed in note 9.6 1.4. No Nla Ye5 Nla They are valued at L£tSt. Investments FIKed 88$8t invtstrnents in quoted shares, traded bonds and sinyuqr inve51rrenls are valued at Inllialty al cosi and subsequ8nity at falrvalue Ilhelr mathei value) al the yearend. The 58D* Ireakngnl 18 applled to unlsled Investments unles6 falrvalua cBnnoi ba measured reliably in ￿lch case k Is m8asured ai cost ￿$S Impairff￿nt. Yes Investments hekl for resak Of pendin9 Ihelrsale and cash and Cash equrialents 8 mgtyrfLy date of les8 than l ye8r8re treated as currnnt asset nvo8tn*nls Yes No Nla Stocks and work In progress Stod($ hehj for salo as part of nOn<*ar1Lab￿ trad8 ar8 measur8d al th8 lowyroi cost or net realsable Va￿e. Nla Goods orserv￿eS prO￿ded as p8rt of a charftsbk9 act￿lY are me8sur8d ai net r8alL$ab￿ value b&8ed on the 8eNKe polentkl provided by rtems of stock. Yes No Wa Y85 Nla Worf¢ h pn9ress L8 valued at cost 18ss any foresaeabb ioss that Is Ilkew to occur on th8 contract. Dtrbtors lindud￿9 trade d8blors and loans re¢&Wab￿lsfv maasurtrd en in￿181 rncognitbn at settlement 8nM)unl attsr any Ira¢e dL%counts or arrounl advanced by the ¢h8rffty. Sub0equent￿, they are m08sure(t at the c8sh 0rothercons￿eratIOTr expecteLI to be ￿Ce￿￿. Yes No Nla Debtors The charity has has Investsrants whlch rt holds for resale or pending their sak and ¢ash and cssh equwJlents with a rrBlurity date Ihan one year. ThÈso include rash on dÈposYL and c8sh equNalents ￿1th a nwlurity date of les5 than one Yearhe￿ for investment purposes ratherthan to el short term c4sh corrmlments as they fall due. Yes No N13 Current a5S2t inv2slments Yes They are valued al faw ￿lue exL*Pt Y4h8r& thoy qualfy 38 bas￿1￿18n￿al Ins¢nJNÈnts. POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE Section C Notes to the acGount5 Icontl Nots3 Analysls of Ineom• Rtstri¢tod UDr•6tri¢tèd Erth￿rt lurth Tcd luTrJ4 Prltr y••r Donation$ and 18ga¢l8$= Donalx)ns and Gfft Nid 122 542 27114 General grants Wovkled by govemmenVolh8r charme5 Membership subscripllons and sponsorships which are in sub5tsnce donat￿n$ Oonated o(K15, faGililEs and serv￿eS Other 747 149.843 747 477 Total 185 817 Charitsbl8 activiti•$'. Other Totol othertrading actlvltl8S: Other Total Incom• from invtstmènts= Inttrrest in¢ome DDIKlen¢ Income Rental ￿#S￿n Other 105 105 income Totsl 105 105 114 S¶t& matèrièl itern of in¢¢me- Total c￿verSiOn of endowment funds nto income G8n on dEpo$81 of 8 tang￿e ￿ed asset he￿ for charity'& own use Gain on ats￿$81 of a programmo rdated investment Royallies from th& explortat￿n of uitdb¢tu$i propw r@hts Other 701 701 701 701 Total 3.071 TOTAL INCOME 149 948 701 189 002 ¢)th•r lt)formatfj￿. Gffts of £350 Itogttherwitfv 8$8otiaied Ald 01 £881 and legacy of £6.000. both of which were reslrirted for ptstNse$ relu¢oishm&nl. Therg was akn a £550 (Bslri¢t•d gift to¥v•fd$ 8 new Lqptop. £3.071 of Other ino)me w8$ ¢$thaed as ihis re￿Ie￿ to atnounls recebved in relaliDn lo ancdiary 4divite$ or specif￿ donations that ware as5ed onto olhero ani$aiw)n$ or ￿dIV￿￿￿k. All incom tn th• prioTy••r wa$ unr•¥tri¢tod ¢x¢¢ptfor.' Iplea•• provldo doscrIp￿On and amounts) Wh•r• any endowmentfvnd Is convor*d inb) In¢om¢ In Ihè roporUt)g F•rlod. ploaso glvo reason forth• ¢otw•r$lt)n. NIA thln th• Itwom• hm• •liov• th• foll￿VIng It•m$ rLr• mat•rfal.. Ipl•a80 dl¥¢lose the ￿tyrtr. amount and any kvlor yo•r •mountsl NIA Section C Notes to the accounts Icontl Nots4 Analysis of receipts of go¥•rnment grants Th18 year La$t year Dgscd tlon Govemment grant 1 Govemmant grant 2 G9￿mm0nt grant 3 Other Totsl Please pmvldo dotalls of any unfulfilled ¢onditions and other¢ontlngen¢les attachlng to grants that have been r¢wgnlsed In Ineom•. Plaase glv8 detalls of othgrfoms of govemmwjt assi$tan¢e from which the charity has dire¢tlyb•nofit•d. Section C Notes to the accounts contl Notè 5 Donated goods, facilitl•s and sarvlcos This year Last yoar S•eondtd staff U¥e of pr(¥perty Other Please provide det8ils of the accoyntlng pollcy for the reeognition and valuation of dorhat8d goods. facilrf£ies and servÉc8S. Pleast provid• d•talls of any unfulflll•d condltlons and other contlngencles atta¢hlny to r9$Our￿ from donated 9c•od$ and $ervi¢¢s not r8cognis8d in Income. Plgase givg details of otherfoms of other Ilonated goods and servi¢8s not recognlsed In the a¢¢ount$. 8g contributlon of unpald vOlunt￿r$. ection C Notos to the accounts Note 6 Anaty6i8 ofexpBrKlitur• YEW Ana donaiKin¥ aC￿S E¥pondf(ur• on 8irig fund$'. Incurred Beekirt Incurred 5eekirt Incurrf¢ seekln rants Operabng n*m)ershp sGhBffl8S and loiter￿S Stagbw funtraising eventy Fundraisin ents Operatin ¢harty 5hop5 opwa￿n9 a tra¢irvJ Gompany undortaktr non-charitablgtrading actNty verttsl￿. ff*rketino, dr￿1 rnailand Start up Costs irturred n gww*iig now source of futur& Database develo m0nt¢o8ts Othèr tr8¢ aGlpirtEs Investment man8 e￿￿nt C05ts'. porttd￿ man emeN¢osi$ C051 olobisinin irtvestmenl adv Investmènt adminEtralioD Costs Intell￿tLE1 rt li¢￿¢1Th R9nl c01kn￿￿, WOPSrty r8pard mautsnance char Total oxpondltur• on r•I￿ni lumd8 EXpOnd￿ul9 on ¢hariiabl8 a¢tlviti Staff Costs othgr Runrurg Costs Grants P 20.194 217 20,411 17.000 10.920 Mort9agè Inttrro¥t Total •xp•rtdl¢uro on tharftable actlv6tl•s 137.6 217 133 033 S•parat• m•t@rf•l m of exp8nso Tot oth4r recM¥ ¢dlia 716 71e Tot￿ 0thor•¥ponditui• 21.238 TOTAL EYFENDrruRE 145 794 Other Intomi•tk*n'. Anatys¢s of expondtture on charltablo actmtlqs Grant fvndlng of Aclvlty or proBrnmm• Suppjrt Costs Tatsl y•ar year Eva eli¢al Chu¢h 133.033 Other Total 133033 Priory•ur•xpDnditsM on ¢hoiliÈ￿è ¢an bo analy60d as follrAVS= £116.033 on act￿rt￿5 undortaken dI￿GUY lin¢luding £10,920 mortgagg Inter&$i on Wdln PTopertyland £17,000 grant tundlng llf oth8rllwani*Ations athryrt*s. Wthln the exp•ndiwr• ft•rn$ •bov• follLvwlr itsms are ma*rfal'. Ipl*?8• dlsclas& th• natur*, arnountand any prior yBar amountsl WA Section C Notes to Ihe accounts Icontl Note 7 Extraordinary items Please explaln the nature of eaGh extraordlnaryftem occurrtnq In the pwlod. This year Last year Descrl tlon Extraordlnary Item 1 Extraordinary Item 2 Extraordinary Item 3 Extraordinary itom 4 Total extrordinary itèms Section C Notes to the accounts Note 8 Funds r•c•ived as ag•nt &1 Hea80 ¢omplete thls note If the chorltyh•s agreed to •dministertho fund$ of anothwènllty as Its agont. Not•." If• ch8rltyi$ a¢tino *$ an agent, it shouldnof Trcognls8 th• Income In the Stalgment of Fln8n¢ialActivitles or th• Balance Sheet. Amount recetved Amount aid out Balan￿ hold at èrfod ond Descriptlonlname of party Rolatod party (Yes or Nol This ar Last Thls ar Last ear Thls •ar Last ear Total 8.2 Where a consortia orsimllaranxngemont •xlst5 whereby 2 ormor8 chatl¢A•s ¢o.op¢rate to achieve Konomies in th¢pu￿•S• of goods orservices. please diseos• details of anybalance$ outstanding he￿6e￿ anypartlclpatlng momb8rs. De8CriPtionlname of party 8alan¢e hdd at Th1$ ear eriod end Last ear T*)tal Section C Notes to the accounts Notg 9 Support Cost$ Please ¢omploto this note rf the Gharity has analys8d Its oxp8ns8s uslng actlvlty ategorles and has support costs. 8asls of allocation ID8scrlb8 method Raising funds Activity I Activity 2 Activity 3 Grand total Support cost exam les Governancts Other Total Plga$g pn)vidg dgtails of the accounting poll¢yadopt8d for the apportionmant of costs between activities and any 8Stimation t8chniques used to cakulate th￿r apportionmgnt. Section C Notes to the accounts Note 10 Details of certain it•ms of gxpgndituro 10.1 F89s for examination of the a¢¢ount$ Please provide details of the amount paid f?ranystatutory ext8mal s¢rutiny of a¢counts and othersérwices provided by yourindgpgndenl examiner. If nothlng was paiTd please enter 'O' in th• appropriate box(es). This yèar Last yèar Independent examinerfs fees 100 100 Assurance $9NIcgS Otherthan audit or independ8nt oxamlnatlon Tax advl$ory fo&s Other fees (for exampl•.. financial advice. consultancy, accountancy s6rélcasl pald to the independent examin 100 Section C Notes to the accounts (cont) Note11 Paid employees Please complete thls note If thè charity has any employees. 11.1 Staff Costs This year Last year Salarles and wages Social $8curity costs Pension costs Idofined contribution scheme) Other employee benefits 79.822 75,781 7,884 7,556 Total staff costs 83.337 Please provide details of expendlture on staff worklng for the Gharlty whose contracts are wlth and arg pald by a related party NIA Please give details of the number of employees whose total employee beneflts (excluding employerpension costs) fell within each band of £10.000 from £60,000 upwards. M there are no such transactions, please enter'true. in the boxprovided. No employ¢•s received employ¢• benefits {ex¢ludlng employor penslon Gostsl forthe reportlng perfod of more than £60,000 TRUE Band £60,000 to £69 999 £70 000 to £79 999 £80 000 to £89 999 £90 000 to £99 999 £100.000 to £109,999 Number of em lo ees Please provlde the total amount pald to key management personnol (includes trustees and $gnior management) forthelr senilces to the charity 11.2 Average head count in the year The parts of the charity in which thg employee$ work Thls year Number Last year Number Fundraising Charitable Actlvities Govemance Other Total 19 Section C Notes to the accounts Icont) Note11 Paid èmployees (cont) 11.3 Ex-gratia payments to employees and others (excludlng trustoesl Please oomplete If an ex-gratla payment Is made. Please 9xplaln th• naturo of the paymont NIA Please stato the lagal authorlty or r•a8on for maklng the payment NIA Pleaso state the amount ofthe payment lor value of any waiver of a rlght to an asset) NIA 11.4 Redundancy payrnents Please complete If any redundancy or tem7ination payment is made in the perlod. Total amount of payment NIA The naluro of tho payment (cash. asset etc.) NIA The extent of redundancy funding at the balance sheet date NIA Please State the accounting policy for any redundancy ortemiination payments NIA Seclion C Notès to the accounts l¢ontl Notè 12 D•fJn•d eontribthion pgnslon $c￿me or ngd benofft $¢h&m• a¢countsd for as 8 defined contrllxrtlon $C￿me. 12.1 Plgas• eompl•t• thls not• if# defined contribution penslon scheme Is operated. Amount of contribution¥ rg¢09n189d In th? SOFA as an expense Please •xplaln th• basls lor allo¢atlng th• Ilablllty and expense of deflned ontribution pension scheme bets¥een 8divltie$ and between restrlcted and unre8trf¢ted fund8. l arrKJunts are included in the sole cor9 charitablè 8Ctivty undertaken and deducted from unre8tr￿tsd funds. IZ2 Ple•sè eompl8t• thls Soctlon whern the charftypartlclp?tos in a d8fln8d ban•fit p￿S1On pl¥n but 1$ un8ble to as¢•rtaln Its $har¢ of th¢ undorfylng assots and Ilabllltlos. Please Conflm that altoilgh tho 8¢heme 1$ accounted for as a dtfined contrlbutlon plan. it is a defined benefit plan. NIA Please provldè sueh Informatlon as 1$ availab18 about the plan's surplus or defi¢it and the irnpli¢ations, if any, for tho reportbng charity NIA 12.3 Please Complete this sectlon wh•r• th• ¢harfty partl¢lpat8$ In • muttkgmploygrdefln8d b8n•fit p•n$lon plan that ts account¢d fora¥ a dèfin￿ eofttrlbutlon plan. De8crib8 the extent to whlch the Charity can be liabl• to the plan for other 8ntitla5' obligations und8r thè temis and contlltlons of the mulli4mployer plan NIA Section C Notes to the accounts (Conti Note 13 Grantmaklng Please complefe this note If the ¢harfty mède anygrants or donatlons whlch In aggrngat• fomi o mat¢rf4lpart of the ¢haritable activities undertaken. 13.1 Analysis of gran1$ pald (included in cost of ¢harltable a¢tlvltle$l Grnnt$ to individuals Analysis Grants to in$titution8 Support ¢osts Total Gonis lo su ort mL$s￿n aCtI￿lIeS Total 18,500 18,500 Pl•as8 ènt•r"Nil" If the Charlty does not Identlfyand/orallocate support costs. 13.2 Gran1$ made to institution$ IAycharity h?5 made grants to partlGularlnstltutlons that are materlal In the ontext of Its grantmaking. Dètails of th8 Insttitution support6d, purpos• of thè 9rant and totalpaid to each institution is available on the charity's web site. No Pm¥ld& dotalls b•low Namos of institution Purpose Total amount of rants aid£ 10,350 4,400 1.000 1,000 576 UFM Donat￿nS lo Fund Work UFM- Mercy Passnn for Lrfe Donat￿n$ to Fund Work Donatk)ns to Fund Work Christian Institute Donat￿nS to Fund Work South West Gospel Partnership ContsgK)US Christian Camp$ in Wales ICCIWI The Evangelial Movement of Wa185 Unit8d Beach Mi8SK)n Donat￿n$ to Fund Work DonatDns to Fund Vvork 424 Donat￿n$ to Fund Work 250 Donations to Fund Work 250 DonatK)nS to Fund Work 250 Totalgr4nts to In¥titutlons In reportlng perfod Otherunanalysad grants roTAL GRAAITS PAID oclion Notes io the accounts ts14 Yangiuo fixoda88•ts 1&1 Co•tor¥4u*tion Frt•Wd a buildrffj Othprlands bjlldln rot•l ma¢Nnpry and fits1￿ and Atlh$boylnnlng ofthè ygAr 620.706 S7.879 678. B.878 12,57$ D¢pwL8 Tt*n5fBrs" endolth•ye BI￿77 69).881 1&2 D•pr•¢S*lon and Impahients SL gknpJhl L￿¢ ITL'lor Ra&Jchg Rat• Bars 12% 10 •ar6110% At begiinhwofU)èyeAr 80.557 25,987 ioe.y4 Deprècthn 12.S88 8,157 18,745 lrywmni Tr￿&[81$. Aèndolthèy 93,145 32.14d 125.289 14.3 Nrtbook volu• Neibook ¥akneat the 540,149 31,892 571,841 Neiknk wa￿•attr ofthi y s￿.289 565,672 I￿4 I￿palMLe￿f pl￿&￿￿vILl&ttdo1crfPt1till olth••vonts•nd NIA 145 Rovaluat￿n •wo¥ntlngpDlkyglJ*v•lu*tltsn i&*dopied, plfrase Ih••fl•ellv•d•l• 01th•Y•v￿U•l1Dft vld& NIA WA th•m9thOds•ppll•d•nd$lqTrAfk￿t￿wrn￿l1tsll% NIA canylng th&ll￿￿ldh4V0)Q4n t￿•9￿11￿h1rft￿¢ been c•Fyledundwthe costmode NIA 14.6 Olb•rdisGiosur•* (V Ple•sestare Ih••mountolbonubY￿q Go$r% rf Copltalixdin th*GOn$tiU¢¢ion ¢1 (Ilj Pl¢as8prnvld• tlJe4mOuntof¢onttxrual ommkm•ntsforthpw¥tslllon 0ft￿gIbl￿Nxed ss•l& (lii) Derall$ol¢heo¥1sl•n￿•ftL*Clrts￿￿g &mount8 ofprnpfjrty, equipmontto whl¢h the ¢harf¢yh•swtiict•d titl•Lvthkt•rnplgdg•das PremLs85 knkvih*of£526239 * 8Kunty lor . rh8 Yansf8rn"rowLs ffoTyiR)vemgnrs &3 Notr 15 Othvr Yo W•w¢lth•y+ indlmp•lffln•ni• tsLtstRB R8 *tyr SLtrRB vhiL r&'ii I'RVI 15.3NlltbDDkva N¥tbDDkva)J•*tr thy 1&4AÈc0￿￿￿n9P&1i￿Y ** th￿¢￿ 1&70th•r¢NKW (**) In*ud*d. ' Th Tq Y) GnNp fv5 16 Section C Notes to the accounts {cont) Note 18 Stocks Please complete this note if the charity holds any stock items 18.1 Please state the carylng amount of stock and work In progress anatysed between activities. Stock Donated goods Work in progress For dlstribution For Yesale For distribution For resale Charltable activities: Opening Added in period Expensed in ￿riod Impaired Closing Other trading activities: Openlng Added in perlod Expensed In perfod Impalred Closing other: Openlng A(Ided In perlod Expensed in period Impaired Closlng Total this year Total previous year 18.2 Please speclfy the carrying amount of any $to¢ks pledged as sg¢urity for liabilitie$ Section C Notes to the accounts (cont) Note 19 Debtors and prepayments Please complete thls note 11 the charlty has any debtotS orprepayment5. 19.1 Analysis of debtors This yoar Last ygar Trdde debtors Prepayments and accruod income Other debtors Total 10.766 10.598 Please comp19te 19.2 where a material debtor is recoverable more than a yoarafter the reporting date. 19.2 Analysls of debtors rgcoverablo In morg than 1 year Ilncluded In dgbtors above) Thls year Last year Trade debtors Prepayments and a¢Grugd Incomo Other debtors Total Section C Notes to the accounts {contl Note 20 Croditors and accruals Please complete this note If the charlty has any credltors oraccruals. 20.1 Analysis of er•dltors Amounts falllng dug wlthln one year Thls year Last year Amounts fa115ng due after more than one year This year Last year Accruals for grants payabl• Bank loans and overdrafts Trade ¢￿ditOrS 174776 203,04g Payments recelved on account for contracts or perfomiance-related grants Accruals and deferred in¢omo Taxation and social security Other credltors 311 300 Total 28.582 5,691 174,776 203.049 20.2 Deferred income Please compl•to this not8 rf th8 charity has dofeThèd Incom8. Please ex lain the reasons wh income Is defeffed. Movement In deferred Income account Thls year Last yeaf Balance at thg start of the roporting portod Amounts added in cuThent period Amounts released to Income from prevlous perlods Balance at the end of the reporting period &9 Section C Notes to the accounts Icontl Note 21 Provisions for liabilities and charges Please complete thls note if you hove included in charity expendlture anyprovlslons. A provision is made when thg charfty has a Ilablllty of unGertaln tlmlng oramount. 21.1 Please provlde: brief description of any obligations on the balance shoet and the expected amount and tlming of resulting payrnents., an indicatlon of the uncertaintigs about thg amount or timing of those outflows. and - the amount of any expected reimbursement, statlng the amount of any asset that has bwn recognlsed forthat eXPgCted reimbursement. 21.2 Movement5 In reGognlsed provlslons and fundlng Gommltrnent durlng the perlod Thls year Last year Balance at the start of the reporting period Amounts added in Gurrent period Amounts charygd against the provision in the CUfTent period Unused amounts reversed durlng the perlod Balance at the end of the reporting period 21.3 For any fundlng commltmonl that is not rgGognised as a liabillty or provision* provlde detalls of commltment made, the tirne frame of that commltment, any perfomiance.related conditlons and detalls of how the commitrnent wlll be funded Iwlth contracts for capltal expenditure separately Identlfledl. 21.4 Where unrestricted funds have been deslgnated to a fund ¢ommitment> please dlsclose the nature of any amounts deslgnated and the Ilkely tlmlng of that expendlture. 30 Section C Notes to the accounts Iconti Note 22 Othgr disclosures for dgbtors. creditors and othgr basic financial instrurnonts 22.1 Please provide infomiation about thg significance of financial instruments leg. debtors, creditors. investments etcl to the ¢harity's financial position or p&rforman¢e. for examplg, thè t•rms and conditions of loan$ orth& use of hedging to manage financlal rl$k. Financial Instruments include. . A mortgage payable in fixed inslallment. Interest rate was 5.5Yo and the term expires In January 2045. In January 2021 the interest rate was re-negotiated lo 3.95% atthough th8 18mi remains un¢hanged. Other finawi81 instruments cornprise.. - Short terrn debtors due from HMRC and a Rental deFosit hekl by 8 commercial landbrd Cash hekl at the bank in current or deposrt accounts Unsecured 108ns due lo indNiduals bearing no interest and wf(h no fixed r&p8ymenl date (a￿hoUgh these were all repaid during the prh)r yearl. The mortgage is secured on the main ¢hur¢h premk%eS (see note 141. 22.2 If thg charfty ha$ provided financial assets as a form of sècurity. th& carrying amount of the financial assets plodged a5 security and the temis and conltlons rèlat•d to Its pledge should be given here. Section C Notes to the accounts (cont) Note 23 Contingent liabilities and Contingont assets 23.1 Contingent Ilabllltlos Where the charity has contlng•nt liabililitles, please completè the followlng sectlon unloss the possibility of thelr oxlstence Is remote. De$crlption of item including Itslègal nature. Please descdbe any security provlded In conngction to the Ilablllty. Estimate of flnanclal effect 23.2 Contlngent assets Where the charity has contlngent assets. please complete the followlng sectlon when their existence Is probable Descri tion of Item Estimat9 of flnanclal effect 23.4 Other dlsclosuros for contlngent assets andlor Ilabllltl•s Please provide the following infomiatlon whgre practicable.. Explain any uncertalntles relatlng to the amount or tlmlng of settlement., and the possibilty of any reimbursement Where it is not practical to make one or more of thes8 dlsclosures. please statg thls fact 31 Section C Notes to the accounts Iconll Nots 24 Cash at bank and In hand Thls yoar Last year Short tenn cash Investmonts (less than 3 months ma¢urity d#t*l Short t•rni d•posi¢$ Sh at b•nk and ¢+n hand Othor Total 55.160 61,206 Section C Notes to the accounts {contl Note 25 Falr value of assets and Ilabllitles 25.1 Pl•asè providè detsils of the charity's exposure to cr•dit rl$k Ith¥ risk of in¢urring a 10*5 duè to a d•btor not paylng what 18 Owed) , liquidity risk (th$ rl$k of not belng able to mèet short term financial demands) and market risk (the rlsk that the value of an investment will fr411 dug to Changgs in the markptl arising from financial instruments to which the charlty is exposed at the end of the reportlng period and explaln how the charity manages those risks. For debtors from HMRC credit risk is considered negligible. For rental deposits, there is some credit risk but these are all held with commgrcral landlords who are subitid to regulation that requires them to seporate Client funds. suff￿lent cash reserves are held to meet known liabilities and for a level of contingency associated with fluctuating future payments. 25.2 Please give details of th8 amount of change in the falr valu& of baslc financial instruments Id8btors, creditors, investments (see sectlon 11, FRS 102 SORPI) measured at tair value through the SOFA that Is altribLrtable to changes In credit risk. NIA Section C Notes to the accounts (cont) Note 26 Events after the end of the reporting period Please complete thls note events (not rnquiring adjustment to the accounts) have occurred after the end of the reporting perlod but before the accounts are authorised which relate to conditions that amse after tho end of the reportlng perfod. £22,500 of additional capital repayments have been made on the mortgage during the year ended 31 March 2023. Please provide details of tho nature of the event Interest payable during the next financial year will be lower than f( would have been had the capital repayments not been made. The additional amount of the capital repaid during the year lo 31 March 2023 has been included wfthin 'Creditors '. amounts falling due within one yeaP in these accounts. Provlde an estimate of the flnancial effect of the event or a statement that such an estimate cannot be made 35 Section C Notes to the accounts Icontl Note 27 Charity funds 27.1 Details of material funds held and movements during the CURRENT reF)Orting period Please give details of the movements of material individuèi funds In the ￿pOrtIng perlod togetherwlth a balancing flgure for'otherfunds.. The 'Total funds. figurn below should ￿0￿clIe to 'Total funds. in the blanace sheet. "Key.. PE- pemianent endowment funds." EE- expendible endowmenf funds," R. tsstricted income funds, including special trusfs, of the charity," and U- un￿Stricted funds Fund balance5 brought forward Fund balances ¢arried foNard Type PE, EE R oru. Purpose and RestrFctions Galns and loss•s Incomè Expenditurè Transfers Fund names Premises For P￿miSeS RefurbBhment main Kitchen 362.682 78 352 087 Miscellaneous Restrrted Fvnds Sundr historical funds 701 714 65 General l other ex endicure Trainee For ex enditure on a ministr trainee Fixtures and Frttin s Fund For urchase ofa new iano I la to 212 Other funds Nla Wa Total Funds 434.905 150,649 157,315 428,239 36 Section C Notes to thè accounts Icontl Note 27 Charty funds Icontl 27.2 Dètails of material funds held and movements during the PREVIOUS r•portiny ￿rIOd Please give detai15 of Ihe movements of rnalenal individuol fvnds in the reporting period together wilh a balancing figure for'other fund5'. The 'Total funds, ffigurpbelow should reconcile to 'Total funds. in the bl•na¢e sheet. ' Key.. PE- pem73nent endowment funds.- EE- expendible endowment funds,. R- ￿$triCted Income funds, Including special ttusts. of the charity.. and U- un￿St￿Ycted funds Fund balances brought forward Fund balances carried forward Type PE, EE R oru. Purpose and Re5trictiOn5 Galns and losses Incomo Expenditure Transfers Fund narnes Prernises For Premises Relurbishmenl mainl Kitchen Mis¢glLqneous ROStr￿ted Funds General Sundr historical funds 65 78 63.983 JI other ex endthre 25.998 140.958 TrainEe For ex endrture on a rnin￿tr trainee Fixtures atKI Fitt Fund For urchase of 8 new to 550 212 Otherfunds Nla Nlo Total Funds 400,175 189.(K>2 154.272 434.905 Section C Notes to the accounts Icontl Note 27 Charity funds (cont) 27.3 Transfer8 between funds Reason for transfer and wh•rn endowment Is converted to Income, lègal power for It$ converslon Amount Between unrestricted and restricted funds Be￿een endowment and reStr￿ted funds Belween endowment and unrestricted fvnds 27.4 Desl nated funds Planned use Pu os& of the desl natlon Amount 38 ot• 28 Tran$art￿n9 wth trust•&5 and r8latodpartkgs 28.1 TrLLSte• r•mtsnèratiM ahd bengffts Nong of Ibe iNstets hav• bttnpaid anyrqmunqratknn orrncofvDd 3ny*XhgrW•15tstrom In •mpfoym•nt ontNylTn*orF&kn•l TRue 1OmLinerothn Qroth•rb•n￿lS￿1[￿l0I trustéé byiho ¢ha¢ltyWJt)ykn$tltwfbn or¢QmwyGonnK￿￿ltlj IL Amountspald f*rb•ngl*valuo ￿￿00ftruikn LoBalwth4rhy 1*9 ordw. govwnlfflq docurn•nti RqduTrJllncy rorAL nbIbL￿on of orolhwwloym•nt 4n ofth•nrtw•alth•pI￿•IjL 28.2TruSt••s' •xp&ra•# TRUE rypwof qxppngq¥ r&vnbur40d Thisye4r Last ye4r Trnvol SubSiStsA¢¢ Ao¢oMmodath Oth¢rlpW$¢ $p¢¢rfyl.. TOTAL orwh¢ had wiort80spa￿ by ththarfty b•lt•MolJ th•th￿tyth 4 rf•l•dp•rtyh•¥ provld¢é. Th•t*h•v•bggn no r•lat•d partytrnnMGtlon•lnth•Trportkng pth1￿ ITruO wFah•l FALSEIioo nDte2¥1 Amuunt$ wrftt•n off during rqporting •rlod N•rn• of th•tThOtMor r•lÈtSd Pkrty R•l*4on*hip t•¢*arlty Iptkn olth• transadknlil Prt5vltslDnfiirbad d4bt at p•rfDd •nd Amtuhi pèiknd grsd PSYthèJ>t{eott&ldérilJonJ tob•pp>vldodln 5fj¢¢1Wertl. For4nyYel•tsdp4rty.pkn#•W*v￿d1tth0fmwqUOP?￿t 39 Section C Notes to the accounts (Gont) Note 29 Additional Disclosures The following are significant matters whlch are not covered In other notes and need to bo Included to provide a proper understanding of the accounts. If there Is Insufflclent room here, please add a separate sheet. Related party transaclions (Note 28) Spencer Shaw, who is a Truslee, receives payments for his services as Pastor to the church and the work thal his wrfe undertakes enabling and supporting his ministry. These payments, none of which are in relation to Spencer's roie as Trustee, amoun16d to £40,956 (£41,344 for the prior year). The charty also contributed £4,1521£4.152 for the prior yearl towards a pensi)n for him and paid mileage expenses at 45p per mile amounting to £6081£237 for the prior yearl. The remaining expenses include a contribution to his home office, based on 500k of the relevant bills together with any incremental costs, abng with reimbursement for attendance at various Conferences and the purchase of books.