Registered charity number 1126481
Emmanuel Evangelical Church Chippenham
Trustees Annual Report for year ending 31[st] March 2024
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 Office Dates acted if not for whole year Pastor Spencer Shaw Chairman Ended 8.08.2024 Mr Raymond Michael Treasurer Ended 31.12.2023 Jones Mr Nicholas Court Secretary Mr William Brown Ended 15.05.2024 Mr Marc Thomas Ended 14.05.2024 Mr David Evans Started 19.01.2023 Ended 8.05.2024 Mr Andrew James Taylor Treasurer Started 16.11.2023
Trustees Annual Report to 31[st] March 2024
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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:-
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a) the latest annual report and accounts of the Church;
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b) the Constitution and Church Rules;
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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 includes the Treasurer and other church members with relevant skills and experience. A summary of the financial position is presented at the church members’ meetings, being approximately 6 times a year. The members formally approve the budget at the start of the financial year.
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. As part of our safeguarding policy 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 2024
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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:
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(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
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(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.
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. The number of ‘in person’ attendees at both services is consistent (with congregations regularly of 100+ in the morning, and 40+ in the evening), with others attending online via the livestream.
The services are open to all and attended by Christians and non-Christians who enjoy the friendship and support of the church community. The church aims to be friendly and welcoming church, and as a result there is a good cross-section of people from all ages.
Sunday school is run during the morning service, providing age appropriate teaching and activity for younger children.
’ ’ 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 variety of walks of life, and continue to prove to be a source of great encouragement and support to those who attend.
Trustees Annual Report to 31[st] March 2024
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Emmanuel Evangelical Church Chippenham
– 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.
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 is generally over 20 people and provides an opportunity for older people who might not otherwise engage much with the community to get out and make contact with others in their area. The group receives referrals via Living Well/Age UK team in Chippenham.
– Home groups operate as smaller friendship or support groups and meet twice a month. The groups provide the opportunity for people to build relationship and support each other. There are a first line for pastoral support and provide an environment for people to share what they have learnt in a structured but less formal setting.
The home groups all incorporate time for prayer, which is an important part of the Christian faith.
Prayer meetings In addition the home groups our fortnightly prayer meetings provide the opportunity for people to practice their faith and worship together. These meetings enable the church to come together and 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 In addition to the home groups providing a first line of support there is a deliberate focus on helping support the more vulnerable. 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 – during the year to 31[st] March 2024 we continued our practice of employing a full-time Pastor and an assistant Pastor. In these roles they have prime responsibility and oversight of the pastoral work.
The role of assistant pastor enables the church to engage in more activities than it otherwise could. This is seen particularly in our Youth Work and pastoral support. However, the bigger purpose is to provide training and development support for the assistant to grow in their gifts and experience.
This has been recognised by the FIEC through the provision, in early 2024, of a training fund for the church to use in formal training of the current assistant pastor.
Trustees Annual Report to 31[st] March 2024
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Emmanuel Evangelical Church Chippenham
However, after the reporting period there was a breakdown in relationships that led to three Elders/Trustees resigning, and ultimately the Pastor resigned from his role as pastor, trustee and member.
The remaining Trustees have overseen the move to an Interim Steering Group (ISG) and appointment of a Moderator who is part of that leadership.
Currently the church governance is not in line with its constitution, but this is temporary situation and the Trustees as working with the ISG in seeking to appoint new Trustees. The ISG is also working towards re-establishing an Eldership as required in our governing documents.
– 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 team we are privileged to have a number of church members able to lead and teach in church services. Individually and as a group these members go 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 – in a joint intuitive with another church in Wiltshire we provide a team of volunteers who are invited by our local primary schools each term to conduct school assemblies. The work is tailored to the needs of the individual schools with some being delivered for whole school while others are for separate Key Stage groups. The team also delivers special assemblies for the major Christian festivals of Christmas or Easter. They seek to support individual school 'values' or themes where possible.
This continues to be in great demand, with strong links developed with 14 local schools.
– 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 with our church. These have included activities such as a Quiz Night, Craft Evenings, a Hobbies Fair, Community Christmas Carol services and carol singing in the local areas, as well as a ‘Craft in the Park’ event at our local park.
This year we held a community open day for the King’s coronation which was well attended by neighbours.
– 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.
Trustees Annual Report to 31[st] March 2024
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Emmanuel Evangelical Church Chippenham
Contribution by church members
The church leadership recognizes that it would not be possible to accomplish all the above without the hard work and service of the members working alongside those employed by the church. There is a significant number of members who give so much time and effort voluntarily in support of our aims and objectives.
Financial review
Reserves Policy
The trustees have reviewed the reserves of the charity. Our unrestricted funds currently are sufficient to cover more than 4 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.
Post pandemic the numbers attending have been steady. Income in the year to 31[st] March 2024 was approximately 10% above budget, primarily due to the training fund granted by the FIEC and donations to a building fund.
In line with our risk management policies we continue to review income and expense on a regular basis, and continue to be able to meet ongoing expenses and be in line with our reserves policy, even after the resignation of the Elders and Pastor.
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 with a mixture of instant access and notice period.
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 2024
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Emman Eva 8lkal Chwch Ch emmanuel Declaration Tho tru8taO8 dadara that Ih6y have apFxov8d th• trustee's report above. S#Jned on behall of the charlly's trustees Ful name(8> Mr. Andrew Jamès Tayknr Posits'on Troasurfrf Dat• 29° January 2025 TruStS knnual R•port10 31 * Marth 2024 Pag• 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 2024, which are attached to this report.
Responsibilities and basis of report
As the charity trustees of Emmanuel Evangelical Church Chippenham, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
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 145(5)(b) of the Act.
Independent examiner’s 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:
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accounting records were not kept in respect of Emmanuel Evangelical Church Chippenham as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
H Locke
Heather Locke, FCA, Institute of Chartered Accountants in England and Wales (ICAEW)
Locke Business Solutions Limited T/A Locke Charity Solutions 3 Lipman Way Malmesbury SN16 9FH
14 March 2025
Charity No (if Emmanuel Evangelical Church Chippenham 1126481 any) FOR ENGLAND AND WALES Annual accounts for the period Period start date 01/04/2023 To 31/03/2024 Period end date “— ~~————————— a~~ Section A Statement of financial activities Restricted Recommended categories by Unrestricted income Endowment Prior year activity funds funds funds Total funds funds
| Recommended categories by activity |
Guidance Notes | Unrestricted funds |
Unrestricted Restricted income funds |
Endowment funds |
Total funds | Prior year funds |
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | ||
| Incoming resources (Note 3) | F01 | F02 | F03 | F04 | F05 | |
| Income and endowments from: | ||||||
| Donations and legacies | S01 | 155,167 | 13,750 | - | 168,917 | 182,735 |
| Charitable activities | S02 | - | - | - | - | - |
| Other trading activities | S03 | - | - | - | - | - |
| Investments | S04 | 921 | - | - | 921 | 132 |
| Separate material item of income | S05 | - | - | - | - | - |
| Other | S06 | - | 3,227 | - | 3,227 | 663 |
| Total | S07 | 156,088 | 16,977 | - | 173,065 | 183,530 |
| Resources expended (Note 4) | ||||||
| Expenditure on: | ||||||
| Raising funds | S08 | - | - | - | - | - |
| Charitable activities | S09 | 159,085 | 1,152 | - | 160,237 | 147,859 |
| Separate material item of expense | S10 | - | 2,647 | - | 2,647 | - |
| Other | S11 | 19,087 | 3,227 | - | 22,314 | 19,641 |
| Total | S12 | 178,172 | 7,026 | - | 185,198 | 167,500 |
| Net income/(expenditure) before investment | ||||||
| gains/(losses) | S13 | (22,084) | 9,951 | - | (12,133) | 16,030 |
| Net gains/(losses) on investments | S14 | - | - | - | - | - |
| Net income/(expenditure) | S15 | (22,084) | 9,951 | - | (12,133) | 16,030 |
| Extraordinary items | S16 | - | - | - | - | - |
| Transfers between funds | S17 | - | - | - | - | - |
| Other recognised gains/(losses): | ||||||
| Gains and losses on revaluation of fixed assets for the charity’s own use | S18 | - | - | - | - | - |
| Other gains/(losses) | S19 | - | - | - | - | - |
| Net movement in funds | S20 | (22,084) | 9,951 | - | (12,133) | 16,030 |
| Reconciliation of funds: | ||||||
| Total funds brought forward | S21 | 435,836 | 8,433 | - | 444,269 | 428,239 |
| Total funds carried forward | S22 | 413,752 | 18,384 | - | 432,136 | 444,269 |
Section B Balance sheet
| Guidance Notes | Unrestricted funds |
Restricted income funds |
Endowment funds |
Total this year Total last year |
|
|---|---|---|---|---|---|
| £ | £ | £ | £ £ |
||
| Fixed assets | F01 | F02 | F03 | F04 F05 |
|
| Tangible assets (Note 9) Total fixed assets |
B02 B05 |
531,090 - - 531,090 548,434 531,090 - - 531,090 548,434 ~~oS~~ |
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| Current assets Debtors (Note 10) Cash at bank and in hand (Note 14) Total current assets |
B07 B09 B10 |
7,895 1,250-9,145 11,291 47,427 17,134 - 64,561 59,655 55,322 18,384 - 73,706 70,946 ~~oe~~ |
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| Creditors: amounts falling due within one year (Note 11) Net current assets/(liabilities) |
B11 B12 |
5,522- -5,522 3,974 49,800 18,384 - 68,184 66,972 ~~—~~ |
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| Total assets less current liabilities | B13 | 580,890 18 | 890 18,384 | - | 599,274 615,406 |
| Creditors: amounts falling due after one year (Note 11) Provisions for liabilities (Note 12) Total net assets or liabilities |
B14 B15 B16 |
167,138- -167,138 171,137 - - - - - 413,752 18,384 - 432,136 444,269 ~~————~~ |
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| Funds of the Charity | |||||
| Endowment funds (Note 16) | B17 | - | - - |
||
| Restricted income funds (Note 16) | B18 | 18,384 | 18,384 8,433 |
||
| Unrestricted funds (Note 16) | B19 | 413,752 | 413,752 435,836 |
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| Revaluation reserve | B20 | - - |
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| Total funds | B21 | 413,752 18 | 752 18,384 - 432 | 384 - 432 | 384 - 432,136 444,269 |
| Signed by one or two trustees on behalf of all | |||||
| the trustees | |||||
| Signature Print Name Date of approval dd/mm/yyyy ~~a~~ |
|||||
| MR. ANDREW JAMES TAYLOR | 14/03/2025 |
Section C Notes to the accounts
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 convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities preparing • and with ü their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS • and with ü 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
ü
- -Tick as appropriate
1.2 Going concern
If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:
An explanation as to those factors that support the conclusion that the charity is a going concern;
Disclosure of any uncertainties that make the going concern assumption doubtful;
Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
N/A N/A N/A
Section C Notes to the accounts (cont)
Note 1 Basis of preparation (cont)
1.3 Change of accounting policy
The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.
| Yes No |
ü | * -Tick as appropriate | * -Tick as appropriate |
|---|---|---|---|
| Please disclose: | |||
| (i) the nature of the change in accounting policy; | N/A | ||
| (ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and |
N/A | ||
| (iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP. |
N/A |
1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes ü * -Tick as appropriate No ü
Please disclose:
| Please disclose: | |
|---|---|
| (i) the nature of any changes; | N/A |
| (ii) the effect of the change on income and expense or assets and liabilities for the current period; and |
N/A |
| (iii) where practicable, the effect of the change in one or more future periods. |
N/A |
Section C Notes to the accounts (cont)
Note 1 Basis of preparation (cont)
1.5 Material prior year errors
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
| Yes No Please disclose: |
ü | * -Tick as appropriate | * -Tick as appropriate |
|---|---|---|---|
| (i) the nature of the prior period error; | N/A | ||
| (ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and |
N/A | ||
| (iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts. |
N/A |
Section C Notes to the accounts (cont)
Note 2 Accounting policies 2.1 INCOME
This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.
| Recognition of income Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. These are included in the Statement of Financial Activities (SoFA) when: • the charity becomes entitled to the resources; • it is more likely than not that the trustees will receive the resources; and • the monetary value can be measured with sufficient reliability. Donated goods Contractual income and performance related grants Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Government grants The charity has received government grants in the reporting period Tax reclaims on donations and gifts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. |
Yes No N/a |
Yes No N/a |
Yes No N/a |
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| Yes No N/a |
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Section C Notes to the accounts (cont)
| Note 2 Accounting policies (cont) 2.1 INCOME (cont) Settlement of insurance claims Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. Support costs The charity has incurred expenditure on support costs. Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. Donated services and facilities Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. Income from interest, royalties and dividends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. Income from membership subscriptions Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Investment gains and losses |
Yes No N/a |
Yes No N/a |
Yes No N/a |
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| Yes No N/a |
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Section C Notes to the accounts (cont)
Note 2 Accounting policies (cont)
2.2 EXPENDITURE AND LIABILITIES
| Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Grants payable without performance conditions Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. Redundancy cost The charity made no redundancy payments during the reporting period. Deferred income No material item of deferred income has been included in the accounts. Creditors The charity has creditors which are measured at settlement amounts less any trade discounts Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Basic financial instruments Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Governance and support costs Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. |
Yes No N/a |
Yes No N/a |
Yes No N/a |
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Section C Notes to the accounts (cont)
Note 2 Accounting policies (cont)
2.3 ASSETS
| £50 Intangible fixed assets Heritage assets They are valued at cost. Investments Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments Stocks and work in progress Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Current asset investments The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. They are valued at cost. These are capitalised if they can be used for more than one year, and cost at least The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. They are valued at cost. The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. Tangible fixed assets for use by charity The depreciation rates and methods used are disclosed in note 9.2. Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. They are valued at fair value except where they qualify as basic financial instruments. |
£50 | Yes No N/a |
Yes No N/a |
Yes No N/a |
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| Yes No N/a |
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| ü | ü | ü |
POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE
Section C Notes to the accounts (cont)
Note 3 Analysis of income
| Donations andgifts Gift Aid Legacies General grants provided by government/other charities Membership subscriptions and sponsorships which are in substance donations Donatedgoods,facilities and services Other Total Other Total Other Total Interest income Dividend income Rental and leasingincome Other Total Total Conversion of endowment funds into income Gain on disposal of a tangible fixed asset held for charity's own use Gain on disposal of a programme related investment Royalties from the exploitation of intellectual propertyrights Other Total Analysis Donations and legacies: Charitable activities: TOTAL INCOME Other: Other trading activities: Income from investments: Separate material item of income: |
Analysis | Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ |
|---|---|---|---|---|---|---|
| Donations andgifts |
128,106 | 5,000 | - | 133,106 | 147,086 | |
| Gift Aid | 24,111 | 1,250 | - | 25,361 | 30,304 | |
| Legacies | - | - | - | - | 3,769 | |
| General grants provided by government/other charities |
- | 7,500 | - | 7,500 | - | |
| Membership subscriptions and sponsorships which are in substance donations |
- | - | - | - | - | |
| Donatedgoods,facilities and services | - | - | - | - | - | |
| Other | 2,950 | - | - | 2,950 | 1,576 | |
| Total | 155,167 | 13,750 | - | 168,917 | 182,735 | |
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| Other | - | - | - | - | - | |
| Total | - | - | - | - | - | |
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| Other | - | - | - | - | - | |
| Total | - | - | - | - | - | |
| Interest income | 921 | - | - | 921 | 132 | |
| Dividend income | - | - | - | - | - | |
| Rental and leasingincome | - | - | - | - | - | |
| Other | - | - | - | - | - | |
| Total | 921 | - | - | 921 | 132 | |
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| Total | - | - | - | - | - | |
| Conversion of endowment funds into income | - | - | - | - | - | |
| Gain on disposal of a tangible fixed asset held for charity's own use |
- | - | - | - | - | |
| Gain on disposal of a programme related investment |
- | - | - | - | - | |
| Royalties from the exploitation of intellectual propertyrights |
- | - | - | - | - | |
| Other | - | 3,227 | - | 3,227 | 663 | |
| Total | - | 3,227 | - | 3,227 | 663 | |
| 156,088 | 16,977 | - | 173,065 | 183,530 |
Other information:
All income in the prior year was unrestricted except for: (please provide description and amounts)
£663 of other income was restricted as this related to amounts received in relation to anciliary activities or specific donations that were passed onto other organisations or individuals.
Where any endowment fund is converted into income in the N/A reporting period, please give the reason for the conversion. Within the income items above the following items are material: N/A
Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)
Section C Notes to the accounts (cont)
Note 4 Analysis of expenditure
| Note 4 Analysis of expenditure | Analysis of expenditure | |||||
|---|---|---|---|---|---|---|
| Advertising, marketing, direct mail and publicity Start up costs incurred in generating new source of future income Rent collection, property repairs and maintenance charges Operating membership schemes and social lotteries Staging fundraising events Database development costs Other trading activities Analysis Portfolio management costs Intellectual property licencing costs Investment administration costs Mortgage Interest Total expenditure on raising funds Cost of obtaining investment advice Expenditure on raising funds: Incurred seeking legacies Incurred seeking grants Investment management costs: Incurred seeking donations Operating a trading company undertaking non-charitable tradingactivity Fundraising agents Operating charity shops Architects Fees for Premises Development Expenditure on charitable activities Staff Costs Total Other Running Costs Grants Paid Total expenditure on charitable activities Other information: TOTAL EXPENDITURE Total other expenditure Other Depreciation Ancilliary Activities Separate material item of expense |
Analysis | Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ |
||||
| Incurred seeking donations | - | - | - | - | - | |
| Incurred seeking legacies | - | - | - | - | - | |
| Incurred seeking grants | - | - | - | - | - | |
| Operating membership schemes and social lotteries |
- | - | - | - | - | |
| Staging fundraising events | - | - | - | - | - | |
| Fundraising agents | - | - | - | - | - | |
| Operating charity shops | - | - | - | - | - | |
| Operating a trading company undertaking non-charitable tradingactivity |
- | - | - | - | - | |
| Advertising, marketing, direct mail and publicity |
- | - | - | - | - | |
| Start up costs incurred in generating new source of future income |
- | - | - | - | - | |
| Database development costs | - | - | - | - | - | |
| Other trading activities | ||||||
| Investment management costs: | - | - | - | - | ||
| Portfolio management costs | - | - | - | - | - | |
| Cost of obtaining investment advice | - | - | - | - | - | |
| Investment administration costs | - | - | - | - | - | |
| Intellectual property licencing costs | - | - | - | - | - | |
| Rent collection, property repairs and maintenance charges |
- | - | - | - | - | |
| Total expenditure on raising funds | - | - | - | - | - | |
| Staff Costs | 100,195 | 1,152 | - | 101,347 | 96,935 | |
| Other Running Costs | 26,980 | - | 26,980 | 24,381 | ||
| Grants Paid | 20,233 | - | 20,233 | 16,500 | ||
| Mortgage Interest | 11,677 | - | 11,677 | 10,043 | ||
| Total expenditure on charitable activities |
159,085 | 1,152 | - | 160,237 | 147,859 | |
| Architects Fees for Premises Development | - | 2,647 | - | 2,647 | - | |
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| Total | - | 2,647 | - | 2,647 | - | |
| Depreciation | 19,087 | - | - | 19,087 | 18,913 | |
| Ancilliary Activities | - | 3,227 | - | 3,227 | 728 | |
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| Total other expenditure | 19,087 | 3,227 | - | 22,314 | 19,641 | |
| 178,172 | 7,026 | - | 185,198 | 167,500 | ||
Analysis of expenditure on charitable activities
| Activity or programme |
Activities undertaken directly |
Grant funding of activities |
Support Costs |
Total this year |
Total prior year |
||
|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |||
| Activity1 | EvangelicalChurch | 140,004 | 20,233 | - | 160,237 | 147,859 | |
| Activity2 | |||||||
| Other | |||||||
| Total | 140,004 | 20,233 | - | 160,237 |
147,859 | ||
| Prior year expenditure on charitable activities can be analysed as follows: |
£131,359 on activities undertaken directly (including £10,043 mortgage interest on main property) and £16,500 grant funding of other organisations' activities. |
||||||
| Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts) |
N/A |
Section C Notes to the accounts
Note 5 Details of certain items of expenditure
5.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).
| Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es). |
||
|---|---|---|
| Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees |
This year £ |
Last year £ |
| 0 | 0 | |
| 0 | 0 | |
| 0 | 0 | |
| 0 | 0 |
Section C Notes to the accounts (cont)
Note 6 Paid employees
Please complete this note if the charity has any employees.
6.1 Staff Costs
| Salaries and wages Social security costs Other employee benefits Total staff costs Pension costs (defined contribution scheme) |
This year £ |
Last year £ |
|---|---|---|
| 85,621 | 84,653 | |
| - | - | |
| 8,638 | 8,315 | |
| - | ||
| 94,259 | 92,968 |
Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party
N/A
Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000
TRUE
| Band | Number of employees |
|---|---|
| £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 | |
Please provide the total amount paid to See notes 17 and 18 key management personnel (includes trustees and senior management) for their services to the charity
6.2 Average head count in the year
The parts of the charity in which the employees work
| This year Number |
Last year Number |
|
|---|---|---|
| Fundraising | - | - |
| Charitable Activities | 5 | 5 |
| Governance | - | - |
| Other | - | - |
| Total | 5 | 5 |
Section C Notes to the accounts (cont)
Note 6 Paid employees (cont)
6.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made.
Please explain the nature of the payment N/A Please state the legal authority or reason for making the payment N/A Please state the amount of the payment (or value of any waiver of a right to an asset) N/A
6.4 Redundancy payments Please complete if any redundancy or termination payment is made in the period.
| Total amount of payment Please state the accounting policy for any redundancy or termination payments The extent of redundancy funding at the balance sheet date The nature of the payment (cash, asset etc.) |
N/A |
|---|---|
| N/A | |
| N/A | |
| N/A |
Section C Notes to the accounts (cont)
Note 7 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.
7.1 Please complete this note if a defined contribution pension scheme is operated.
| Amount of contributions recognised in the SOFA as an expense Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds. |
£8,638 |
|---|---|
| All amounts are included in the sole core charitable activity undertaken and deducted from unrestricted funds. |
7.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.
Please confirm that altough the scheme is accounted for as a defined contribution N/A plan, it is a defined benefit plan. Please provide such information as is available about the plan's surplus or deficit N/A and the implications, if any, for the reporting charity
7.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.
Describe the extent to which the charity can be liable to the plan for other entities' N/A obligations under the terms and conditions of the multi-employer plan
Section C Notes to the accounts (cont)
Note 8 Grantmaking
Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.
8.1 Analysis of grants paid (included in cost of charitable activities)
| Analysis | Grants to institutions | Grants to individuals |
Support costs | Total |
|---|---|---|---|---|
| £ | £ | |||
| Grants to support mission activities | 19,000 | 1,233 | - | 20,233 |
| Total | 19,000 | 1,233 | - | 20,233 |
Please enter “Nil” if the charity does not identify and/or allocate support costs.
8.2 Grants made to institutions
| 8.2 Grants made to institutions | 8.2 Grants made to institutions | ||
|---|---|---|---|
| My charity has made grants to particular institutions that are material in the context of its grantmaking. Details of the institution supported, purpose of the grant and total paid to each institution is available on the charity's web site. |
Yes | Please provide details of charity's URL. |
|
| No | Provide details below |
||
| Names of institution | Purpose | Total amount of grantspaid £ |
|
| UFM | Donations to Fund Work | 10,875 | |
| UFM - Mercy Air | Donations to Fund Work | 2,400 | |
| Brick Kiln School | Donations to Fund Work | 1,525 | |
| Wycliffe Bible Translators | Donations to Fund Work | 1,288 | |
| Christian Institute | Donations to Fund Work | 1,000 | |
| Casa Mea | Donations to Fund Work | 912 | |
| South West Gospel Partnership | Donations to Fund Work | 576 | |
| Contagious Camps | Donations to Fund Work | 424 | |
| TOTAL GRANTS PAID Other unanalysed grants Total grants to institutions in reporting period |
19,000 | ||
| - | |||
| 19,000 |
Section C Notes to the accounts (cont)
Note 9 Tangible fixed assets
Please complete this note if the charity has any tangible fixed assets
9.1 Cost or valuation
| At the beginning of the year Additions Revaluations Disposals Transfers * At end of the year |
Freehold land & buildings £ |
Other land & buildings £ |
Plant, machinery and motor vehicles £ |
Fixtures, fittings and equipment £ |
Total £ |
|---|---|---|---|---|---|
| 629,384 | - | - | 63,252 | 692,636 | |
| - | - | - | 1,743 | 1,743 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 629,384 | - | - | 64,995 | 694,379 |
9.2 Depreciation and impairments
| *Basis* Rate At beginning of the year Disposals Depreciation Impairment Transfers At end of the year Net book value at the beginning of the year Net book value at the end of the year 9.3 Net book value* |
SL | SL | Straight Line ("SL") or Reducing Balance ("RB") |
|||
|---|---|---|---|---|---|---|
| 50years / 2% | 10years / 10% | |||||
| 105,733 - - 38,469 144,202 - - - - - 12,587 - - 6,500 19,087 - - - - - - - - - - 118,320 - - 44,969 163,289 523,651 - - 24,783 548,434 511,064 - - 20,026 531,090 |
||||||
| 523,651 | - | - | 24,783 | 548,434 | ||
| 511,064 | - | - | 20,026 | 531,090 |
* The "transfers" row is for movements between fixed asset categories.
** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.
Section C Notes to the accounts (cont)
Note 9 Tangible fixed assets (continued)
9.4 Impairment
Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.
N/A the recognition or reversal of an impairment loss. 9.5 Revaluation If an accounting policy of revaluation is adopted, please provide: the effective date of the revaluation N/A the name of independent valuer, if applicable N/A the methods applied and significant assumptions N/A the carrying amount that would have been recognised had the assets N/A been carried under the cost model.
9.6 Other disclosures
(i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used.
(ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets.
(iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities.
Nil £395 Premises book value of £511,064 is security for the associated mortgage.
Note 10 Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
| 10.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors Total |
This year £ |
Last year £ |
|---|---|---|
| - | - | |
| 1,050 | 3,150 | |
| 8,095 | 8,141 | |
| 9,145 | 11,291 |
Please complete 10.2 where a material debtor is recoverable more than a year after the reporting date.
10.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)
| Prepayments and accrued income Other debtors Total Trade debtors |
This year £ |
Last year £ |
|---|---|---|
| - | - | |
| - | - | |
| - | - | |
| - | - | |
| - | - |
Section C Notes to the accounts (cont)
Note 11 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
11.1 Analysis of creditors
| Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors Total |
Amounts falling due within oneyear |
Amounts falling due within oneyear |
Amounts falling due after more than oneyear |
Amounts falling due after more than oneyear |
|---|---|---|---|---|
| This year £ |
Last year £ |
This year £ |
Last year £ |
|
| - | - | - | - | |
| 4,004 | 3,639 | 167,138 | 171,137 | |
| - | - | - | - | |
| - | - | - | - | |
| 1,518 | 335 | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| 5,522 | 3,974 | 167,138 | 171,137 |
11.2 Deferred income
Please complete this note if the charity has deferred income.
Please explain the reasons why income is deferred.
N/A
| Movement in deferred income account Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Balance at the end of the reporting period |
This year £ |
Last year £ |
|---|---|---|
| - | - | |
| - | - | |
| - | - | |
| - | - |
Section C Notes to the accounts (cont)
Note 12 Provisions for liabilities and charges
Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.
12.1 Please provide:
- a brief description of any obligations on the balance sheet and the expected amount and timing of resulting N/A payments; - an indication of the uncertainties about the amount or N/A timing of those outflows; and - the amount of any expected reimbursement, stating the amount of any asset that has been recognised for that N/A expected reimbursement.
12.2 Movements in recognised provisions and funding commitment during the period
Balance at the start of the reporting period Amounts added in current period Amounts charged against the provision in the current period Unused amounts reversed during the period Balance at the end of the reporting period |
This year £ |
Last year £ |
|---|---|---|
| - | - | |
| - | - | |
| - | - | |
| - | - | |
| - | - |
12.3 For any funding commitment that is not recognised as a liability or provision, provide details of commitment made, the time frame of that commitment, any N/A performance-related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified).
12.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of any amounts designated and the likely timing of that expenditure.
N/A
Section C Notes to the accounts (cont)
Note 13 Other disclosures for debtors, creditors and other basic financial instruments
13.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.
Financial Instruments include: - A mortgage payable in fixed instalments, the term of which expires in January 2045. The interest rate had risen steadily over recent years and was at 6.15% at the start of the year, before rising sharply to peak at 6.8% during July 2023. The effect of the increased rates was mitigated due to capital repayments of £23,500 made during the prior year (£13,500 of which was gifted by individuals to be used for this purpose). Other financial instruments comprise:
- Short term debtors due from HMRC and a Rental deposit held by a commercial landlord - Cash held at the bank in current or deposit accounts
13.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.
The mortgage is secured on the main church premises (see note 9).
Note 14 Cash at bank and in hand
| Other Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Total |
This year £ |
Last year £ |
|---|---|---|
| - | - | |
| - | - | |
| 64,561 | 59,655 | |
| - | - | |
| 64,561 | 59,655 |
Note 15 Fair value of assets and liabilities
15.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain 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 commercial landlords who are subject to regulation that requires them to seperate client funds.
Sufficient cash reserves are held to meet known liabilities and for a level of contingency associated with fluctuating future payments.
15.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.
N/A
Section C Notes to the accounts (cont)
Note 16 Charity funds
16.1 Details of material funds held and movements during the CURRENT reporting period
Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.
* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds
| Fund names | Type PE, EE R **or U *** |
Purpose and Restrictions | Fund balances brought forward £ |
Income £ |
Expenditure £ |
Transfers £ |
Gains and losses £ |
Fund balances carried forward £ |
|---|---|---|---|---|---|---|---|---|
| Premises | R | For Premises Refurbishment (mainly Kitchen) | 2,183 | 6,250 | (2,647) | - | - | 5,786 |
| Miscellaneous Restricted Funds | R | Amounts to pass onto other organisations / individuals | - | 3,227 | (3,227) | - | - | - |
| Trainee | R | For expenditure on a ministry trainee | 6,250 | - | - | (6,250) | - | - |
| Assistant Pastor Training | R | For expenditure on training an Assistant Pastor | - | - | (1,059) | 6,250 | - | 5,191 |
| FIEC Ministry Training | R | For expenditure on training an Assistant Pastor | - | 7,500 | (93) | - | - | 7,407 |
| General | U | All other expenditure | 435,836 | 156,088 | (178,172) | - | - | 413,752 |
| - | - | - | - | - | - | |||
| - | - | - | - | - | - | |||
| - | - | - | - | - | - | |||
| - | - | - | - | - | - | |||
| - | - | - | - | - | - | |||
| Total Funds | 444,269 | 173,065 | (185,198) | - | - | 432,136 |
Section C Notes to the accounts (cont)
Note 16 Charity funds (cont)
16.2 Details of material funds held and movements during the PREVIOUS reporting period
Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.
* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds
| Fund names | Type PE, EE R **or U *** |
Purpose and Restrictions | Fund balances brought forward £ |
Income £ |
Expenditure £ |
Transfers £ |
Gains and losses £ |
Fund balances carried forward £ |
|---|---|---|---|---|---|---|---|---|
| Premises | R | For Premises Refurbishment (mainly Kitchen) | 2,104 | 13,650 | - | (13,571) | - | 2,183 |
| Miscellaneous Restricted Funds | R | Sundry historical funds | 65 | 663 | (728) | - | - | - |
| Trainee | R | For expenditure on a ministry trainee | 6,250 | - | - | - | - | 6,250 |
| General | U | All other expenditure | 419,820 | 169,217 | (166,772) | 13,571 | - | 435,836 |
| - | - | - | - | - | - | |||
| - | - | - | - | - | - | |||
| - | - | - | - | - | - | |||
| - | - | - | - | - | - | |||
| - | - | - | - | - | - | |||
| - | - | - | - | - | - | |||
| - | - | - | - | - | - | |||
| Total Funds | 428,239 | 183,530 | (167,500) | - | - | 444,269 |
Section C Notes to the accounts (cont)
Note 16 Charity funds (cont)
16.3 Transfers between funds
| Reason for transfer and where endowment is converted to income, legalpower for its conversion |
Amount | |
|---|---|---|
| Between unrestricted and restricted funds |
Transfers between restricted and unrestricted funds represent where income restricted in its use has been applied to either purchase tangible fixed assets or to reduce mortgage liabilities. There were no such transfers in the current year. Transfers in the prior year related to £13,500 of capital payments into the mortgage using gifts given for this purpose, together with the purchase of kitchen equipment amounting to £71. |
|
| Between endowment and restricted funds |
N/A | |
| Between endowment and unrestricted funds |
N/A | |
| Between restricted funds | During the year £6,250 of funds that had historically been held to fund a future ministry trainee role (the 'Trainee' fund) were transferred into a separate restricted fund for the purposes of training the Assistant Pastor. This change of use of funds was agreed by the original donor of the Trainee fund. |
16.4 Designated funds
Planned use Purpose of the designation Amount
Section C Notes to the accounts (cont)
Note 17 Transactions with trustees and related parties
If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.
17.1 Trustee remuneration and benefits
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)
TRUE
In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.
| Name of trustee | Legal authority (eg order, governing document) |
Amounts paid or benefit value | Amounts paid or benefit value | Amounts paid or benefit value | Amounts paid or benefit value | Amounts paid or benefit value |
|---|---|---|---|---|---|---|
| This year | Last year | |||||
| Remuneration |
Pension contribution |
Redundancy (including loss of office)/ex gratia |
Other | TOTAL | ||
| £ | £ | £ | £ | |||
Please give details of why remuneration or other employment benefits were paid. Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.
17.2 Trustees' expenses
If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".
| No trustee expenses have been incurred (True or False) | TRUE | |
|---|---|---|
| Type of expenses reimbursed | This year | Last year |
| £ | £ | |
| Travel | ||
| Subsistence | ||
| Accommodation | ||
| Other (please specify): | ||
| TOTAL |
Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity
17.3 Transactions with related parties
Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.
| There have been no related party transactions in the reporting period (True or False) | There have been no related party transactions in the reporting period (True or False) | There have been no related party transactions in the reporting period (True or False) | There have been no related party transactions in the reporting period (True or False) | There have been no related party transactions in the reporting period (True or False) | There have been no related party transactions in the reporting period (True or False) | FALSE (see note 18) | FALSE (see note 18) |
|---|---|---|---|---|---|---|---|
| Name of the trustee or related party |
Relationship to charity |
Description of the transaction(s) |
Amount | Balance at period end |
Provision for bad debts at period end |
Amounts written off during reporting period |
|
| £ | £ | £ | £ | ||||
| In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement. For any related party, please provide details of any guarantees given or received. |
|||||||
| N/A | |||||||
| N/A |
Section C Notes to the accounts (cont)
Note 18 Additional Disclosures
The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.
Related party transactions (related to Note 17)
Spencer Shaw, who was a Trustee until August 2024, received payments for his services as Pastor to the church and the work that his wife undertook enabling and supporting his ministry. These payments, none of which are in relation to Spencer's role as Trustee, amounted to £44,328 (£43,204 for the prior year).
The charity also contributed £4,440 (£4,295 for the prior year) towards a pension for him and paid mileage expenses at 45p per mile amounting to £996 (£806 for the prior year).
In addition, £2,269 (£1,736 for the prior year) of expenses were paid which include a contribution to his home office (based on 50% of the relevant bills together with any incremental costs) together with reimbursement for attendance at various conferences and the purchase of books.
Spencer Shaw was also a Trustee of the following charities, who received the following amounts during the year: -South West Gospel Partnership
-
Grant of £576 (£576 for the prior year).
-
Training course fees of £250 for the Assistant Pastor.
-
-The Fellowship of Independent Evangelical Churches
-
Annual membership fee (which includes a ‘suggested donation’) of £2,556 (£2,688 for the prior year).
David Evans was a Trustee until May 2024 and his wife received a £102 payment during the year for time spent making church furnishings.
William Brown was a Trustee until May 2024. During the year his daughter was a beneficiary of £300 of missionary support provided via UFM.