2021-12-31-accounts - Churches Together In Essex And East London

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CHURCHES TOGETHER IN ESSEX AND EAST LONDON

TRUSTEE’S ANNUAL REPORT & FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

REGISTERED CHARITY NUMBER: 1130217

CHURCHES TOGETHER IN ESSEX AND EAST LONDON

TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

CONTENTS	PAGE
Annual Report	3-8
Statement of Financial Activities	9
Balance Sheet	10
Notes to the Financial Statements	11-15

CHURCHES TOGETHER IN ESSEX AND EAST LONDON TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

The Trustees present their report and the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities 2015 (FRS 102) in preparing the annual report and financial statements of the charity.

All Trustees give their time voluntarily and receive no benefits from the charity apart from reimbursed expenses set out in note 4.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity name: Churches Together in Essex and East London Charity registration number: 1130217 Contact address: 61 Bridge Street Kington Herefordshire HR5 3DJ Trustees: Mr D Bareham (appointed June 2021) Mr M Barford (appointed June 2021) Rev Dr D Chapman Rt Rev P Hill (until May 2021) Rev L Johnson Rev N Lear (until May 2021) Rt Rev R Morris Major N Ord (until October 2021) Rt Rev Dr J Perumbalath Rev Dr A Prasad (until May 2021) Mr A Smith (until June 2021) Rev G Watt (appointed June 2021) Rt Rev A Williams Rev Dr Jongikaya Zihle Bankers: Barclays Bank plc 1 Churchill Place London E14 5HP

CHURCHES TOGETHER IN ESSEX AND EAST LONDON TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

AIMS & OBJECTIVES

To advance the work of the Christian churches in Essex and East London by the advancement of the Christian religion, relief of financial hardship and sickness, and the advancement of education and such other charitable purposes as are charitable according to the laws of England and Wales.

The charity will seek to further these objectives by:

Facilitating common witness to the Christian religion by the churches;
Providing means of consultation between the churches;
Working in co-operation with other ecumenical bodies

ACHIEVING DELIVERY OF THE TRUST’S AIMS AND PUBLIC BENEFIT

The church leaders meet regularly, sponsor ecumenical activities and encourage Christian mission in partnership with churches across Essex and East London.

ACHIEVEMENTS AND PERFORMANCE

Bradwell Pilgrimage and Gathering – Although plans had been made for this event in 2021 it had to be cancelled due the Covid-19 pandemic. A virtual pilgrimage was provided on YouTube instead.

Churches Together Groups – Support was given to and the relationship between groups nurtured during the year. A newsletter was instigated to provide regular information sharing and stories were circulated about local initiatives and opportunities.

CTEEL Membership – the Assemblies of God became a member of CTEEL.

CTEEL Meetings, Annual Gathering and AGM - The Church Leaders met monthly with the exception of August and December for prayer and breakfast as well as meeting in January, April and June to spend the morning together discussing wider business. The 2021 AGM was held in June with clear reports that evidence the network of Churches Together Groups and Ecumenical Partnership Churches. The Annual Gathering took place in October 2021 and brought together the Trustees and members of local Ecumenical groups for a morning sharing updates and listening to our inspiring keynote speaker.

Training & Development – The County Ecumenical Officer stepped down and a new Ecumenical Lead started in January 2021. The new Ecumenical Lead benefitted training with Churches Together in England both induction and attending the All Ecumenical Officers conference in September 2021. The Ecumenical Lead attended quarterly meetings with colleagues who work in similar roles in the country to share initiatives and learn from each other’s experience and knowledge.

The Ecumenical Lead was given the opportunity to work with a team of other Ecumenical Officers from around the country on Reimagining local CT groups, this work is ongoing.

Workplace Chaplains in Essex & East London – Following the decision in 2020 to dissolve WPC in Essex & East London, work is ongoing to support the committee during this process.

Local Ecumenical Partnerships - The Ecumenical Lead has continued to work with Denominational Ecumenical Officers to support LEPs during the year with more targeted supported given to two LEPs in particular. Work continued to gathering the governance documents to update the records held both locally and centrally by Churches Together in England. The URC DEO retired in May 2021 and we are awaiting a replacement.

Citizens Essex Sponsoring Committee - The Church Leaders of CTEEL support the work of East London Alliance (TELCO) and the Essex Alliances in Colchester, Southend and Chelmsford. The process has started to investigate becoming members of the Essex Alliance. The Ecumenical Lead attend a 3 day Citizens UK training course.

FUTURE PLANS AND HOPES

Churches Together in Essex and East London is committed to communicating and demonstrating Christian unity within Essex and East London. The hope is to continue to develop relationships between denominational leaders, churches together groups and new Christian networks in the region to both affirm and grow our unity at every level. A strategy paper was presented to the Trustees at the November meeting in order to make decisions about the way forward in the next 3 years. From this work has begun on having discussions about the future for each denomination and how we may be Ecumenical strategically.

It also hopes to continue to diversify and broaden its relationships so it becomes more inclusive of churches other than the historical denominations, valuing the opportunities for partnership working. To encourage and grow a deeper fellowship with those who have not traditionally been part of Churches Together.

Another hope is to connect and partner with other charities and organisations who share our commitment to ecumenical working to develop opportunities for ecumenical dialogue in association with a diversity of churches and other bodies in the region.

It will support opportunities to sponsor specifically religious events, such as the Bradwell Pilgrimage and Gathering and ecumenical prayer meetings such as Thy Kingdom Come and the Week of Prayer for Christian Unity.

It will also seek opportunities to demonstrate our common witness and voice regarding policies that impact on those face financial hardship, sickness and matters regarding education or other charitable concerns.

We will engage in national and regional matters conveyed through the work of Churches Together and cooperate in matters that grow and foster unity.

CHURCHES TOGETHER IN ESSEX AND EAST LONDON

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

FINANCIAL REVIEW

The financial statements, including the notes, have been prepared in compliance with the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’2015 (FRS102). The analysis of income and expenditure reflects the classification of activities, together with costs relating to administration. The charity does not sell goods or services, nor are there any other trading activities

STATEMENT OF FINANCIAL ACTIVITIES

The Statement of Financial Activities is shown on page 9, with more detailed analysis of income and expenditure on pages 11 to 15.

The total operating income for the year was £30,214 (2020: £30,660), this income is made up of annual subscriptions, the total operating resources expended for the year was £24,334 (2020: £16,780). The expenditure was less in 2020 compared to 2019 due to the closures caused by the Corona Virus pandemic, the closures meant we were not able to facilitate the annual Bradwell gathering, the same closures reoccurred in 2021, however in 2021 we employed a new staff member at a higher rate of pay than the previous year’s stipend costs, thereby increasing the costs for 2021.

Balance Sheet

The above result led to an increase in reserves of £2,732 (2020: £17,265) which has resulted in a combined fund balance of £80,444 (2020 £77,712) at the year end. The annual subscriptions were not affected by the pandemic, therefore we are showing an increase in overall income. An analysis of the movements of funds can be found in note 5

Fundraising Resources

There are two main sources of income, donations by churches and fundraising.

Reserves Policy

The Trust holds funds on different terms. Funds which are restricted may only be used as directed by the funder at the time they were granted to the Trust. At the year end, the charity held no restricted funds.

The Trustees aim to hold a level of unrestricted funds which enables the charity to have sufficient financial resources to meet various liabilities which would crystallise if the charity were unable to continue operating, together with an allowance to enable the charity to respond flexibly to issues or appropriate initiatives which might be identified outside of its annual budgeting process.

At the year end, general unrestricted funds amounted to £80,206 which is more than sufficient to cover the committed costs should the charity be wound up.

Risk Management

The Trustees regularly review the major governance, operational and financial risks which the charity faces as part of its annual business planning process and confirm that systems have been established to mitigate these risks.

No risks have been identified. Denominations have continued to financially support the work of the charity, and there has been increased involvement with ecumenical enablers in the region. Although 2020 & 2021 suffered a pandemic, this has not had an impact on the financial situation of this charity and the Trustees therefore consider there to be no key risks facing the charity at this time.

Structure, Governance and Management

The Charity was registered on the 18[th] June 2009 after adopting the constitution on the 28[th] March 2007, amended by a special resolution on the 30[th] April 2009.

Membership is open, on payment of the agreed subscription, to any church interested in furthering the objects of the Association, having at least one congregation in the Area, and is either:

a member church of Churches Together in England;
a member church of the Evangelical Alliance or
a member church of the African Caribbean Evangelical Alliance.

Each member church shall appoint an individual to represent it and to vote on its behalf at meeting of the Association. Each member church (or association) shall have one vote.

Governance

The charity currently has nine Trustees. The Board meets at least for three ordinary meetings a year and conducts an Annual General Meeting usually in June. Detailed written reports and agendas are prepared by the Chair with the assistance of the Ecumenical Lead who acts as Executive Secretary. The papers are circulated in advance of these meetings.

Appointment and Induction of Trustees

The Board of Trustees consists of:

the Church leaders of the churches in membership or persons nominated by them;
the Chairperson, who will also be chair of the Board of Trustees.

There were seven changes during the year:

Mr Adrian Smith, Quaker representative, stood down as he is not eligible to be a Trustee in June 2021
Rev Andrew Prasad, stood down due to retirement in May 2021
Rt Rev Peter Hill, stood down due to retirement in May 2021
Rev’d Nick Lear, stood down due to taking a post in Plymouth in May 2021
David Bareham representing Relational Mission, joined in June 2021
Mark Barford representing Assemblies of God joined June 2021
Rev’d George Watt, Moderator for URC Thames North joined in June 2021

The Contribution of Volunteers

The charity makes use of volunteers to support its activities. CHURCHES TOGETHER IN ESSEX AND EAST LONDON TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

Key Management Personnel

There are no key management groups within the charity and no one Trustee has any more rights than another.

Trustees’ Responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Trust law requires the Trustees to prepare financial statements for each financial period that give a true and fair view of the state of affairs of the charity and of incoming and application of resources, including the net income and expenditure, of the charity for that year.

In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation.

The Trustees are also responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that its financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the Trustees are aware:

There is no relevant information of which the charitable company independent examiner is unaware and
The Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant independent examiner information

Signed on behalf of the Trustees by:

Trustee ……………………………………………………………………….

Print Name: Rt Revd Roger Morris

Date 6 September 2022

CHURCHES TOGETHER IN ESSEX AND EAST LONDON STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Note Incoming Resources Donation and legacies 1 Other Income 2 Total incoming resources Resources Expended 3 Fund raising Charitable activities Total resources expended Net income/(expenditure) before investment gains (losses) Net gains (losses) on investments Net income (expenditure)	Unrestricted Funds Designated Funds Restricted Funds Total 2021 Total 2020 £ £ £ £ £ 30,209 30,209 30,540 5 5 120
	30,214 30,214 30,660
	2,016 2,016 10,068 22,318 22,318 6,712
	24,334 24,334 16,780

	5,880 5,880 13,880 - -
	5,880 - - 5,880 13,880

The notes on pages 11 to 15 form part of the financial statements. All the activities of the charity are classed as continuing.

The Statement of Financial Activities includes all gains and losses recognised during the year and therefore a statement of total recognized gains and losses has not been prepared.

CHURCHES TOGETHER IN ESSEX AND EAST LONDON BALANCE SHEET

FOR THE YEAR ENDED 31ST DECEMBER 2021

Note Current Assets Debtors 4 Cash at bank and in hand 5 Liabilities Creditors (amounts falling due within one year) Accruals 6 7 Net Current Assets Total Net Assets Represented by: Unrestricted - General Fund 8 Designated Restricted Total Funds	2021 2020 £ £ 0 0 80,444 77,712 80,444 77,712 0 (238) 0 (3,386) 80,206 74,327 80,206 74,327 80,206 74,327 - - - - 80,206 74,327

The Trustees acknowledge their responsibility for:

1. Ensuring that the charity keeps adequate accounting records which comply with section 386 of the Companies Act 2006; and

2. Preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial period and of its profit or loss for the financial year in accordance with the requirements of section 393 of the Companies Act 2006, and which otherwise comply with the requirements of the Act relating to financial statements, so far as applicable to the charity.

These financial statements were approved by the Board of Trustees on 23 June 2022 and signed on their behalf by:

Trustee Rt Revd Roger Morris

Print Name: …………………………………………………………..

Date 6 September 2022

CHURCHES TOGETHER IN ESSEX AND EAST LONDON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. BASIS OF PREPARATION

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 notes to these accounts.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on the 16[th] July 2014 and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

1.2 Going Concern

The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern. Although 2020 suffered a pandemic, this has not had an impact on the main source of income which is annual subscriptions, therefore no material uncertainties affect the going concern of the charity.

2. ACCOUNTING POLICIES

The accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.1 Income

Income recognition

All income is recognised in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

Offsetting

There has been no offsetting of assets and liabilities, or income and expenses.

Tax reclaims on donations and gifts

Gift Aid receivable is included 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. No gift aid has been claimed.

Support costs allocation

The charity has incurred expenditure on support costs.

CHURCHES TOGETHER IN ESSEX AND EAST LONDON

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

Income from interest, royalties and dividends

This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.

2.2 Expenditure and Liabilities

Liabilities 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.

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. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resource.

Redundancy costs

The charity has made no redundancy payments during the reporting period.

Deferred income

No deferred income has been included in the accounts.

2.3 Assets

Debtors

Debtors are measured on initial recognition at settlement amount after any trade discounts or amounts advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

There are currently no debtors.

Contribution to pension funds

The charity contributes towards staff pension. The employer contribution is 8% and the pension fund currently used is NEST.

Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the test set out in Paragraph 1 Schedule 6 of the Finance Act 2010.

CHURCHES TOGETHER IN ESSEX AND EAST LONDON

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

ANALYSIS OF INCOMING RESOURCES

Note	Unrestricted	Designated	Restricted	Total	Total
				2021	2020
	£	£	£	£	£
1. Donations and legacies
Membership subscriptions	29,459	-	-	29,459	29,790
(which are in substance donations)	750			750	750
Other Donations
Legacies	0			0	0
Total donations and legacies	30,209	-	-	30,209	30,540
Charitable activities
Donations taken at Bradwell	0	-	-	0	0
Advertising campaign	0	-	-	0	0
2.Other Income
Bank Interest	5			5	120
Total other income	5	-	-	5	120
Total incoming resources	30,214	-	-	30,214	30,660

ANALYSIS OF EXPENDITURE

3. Resources Expended
a. Governance
b. Support Costs
Total allocated costs
a. Governance
Meetings
Accountancy
Workplace Chaplaincy
Total governance costs
b. Support costs
Website
Subs and training
Committee Costs
Sundry (Computer Purchased)
Ecumenical officer stipend
Staff Costs
Working expenses
Insurance
Total support costs

Governance
Support
Costs
Total
Allocation
basis
1,210
13,391
806
8,927
2,016
22,318
60:40
60:40
14,601
9,733
24,334
Unrestricted
Designated
Restricted
Total
2021
Total
2020
£
£
£
£
£
906
1,110
0
-
-
-
-
906
1,110
0
0
680
500
2,016
-
-
2,016
1,180
265
550
175
23
1,074
19,719
172
340
-
-
-
-
-
-
-
-
-
-
-
265
550
175
23
1,074
19,719
172
340
374
350
0
0
13,160
0
518
329
22,318
-
-
22,318
15,600

TRUSTEES’ EXPENSES

No expenses were paid to trustees during the year.

EMPLOYMENT EMOLUMENTS

The Ecumenical Officer is a part time post. For administrative and tax purposes, Jacqui King was employed by the United Reformed Church and seconded to the charity since January 2018 and resigned in February 2021.

On the 19[th] of January 2021 Jenny Clayton was employed on a part time basis, namely 24 hours per week.

CHURCHES TOGETHER IN ESSEX AND EAST LONDON

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

SUMMARY OF FUND MOVEMENTS

Balance brought forward Incoming resources £ £ 77,712 30,214	Outgoing Resources £ (24,334)	Transfers Balance carried forward £ £ (3,148) 80,444
77,712 30,214	(24,334)	(3,148) 80,444
	2021 £ 0 0 2021 £ 34,756 45,688	2020 £ 0 0 2020 £ 32,029 45,683 77,712 £
	80,444 £

6. CREDITORS(AMOUNTS FALLING DUE WITHIN ONE YEAR) 6. Creditors 7. Accrued expenses	2021 2020 £ £ 0 0 238 3,386
	238 3,386

FINANCIAL COMMITMENTS

No material financial commitments have been made in respect of future financial periods.

CHURCHES TOGETHER IN ESSEX AND EAST LONDON

TRUSTEE’S ANNUAL REPORT & FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

REGISTERED CHARITY NUMBER: 1130217

CHURCHES TOGETHER IN ESSEX AND EAST LONDON

TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

CONTENTS	PAGE
Annual Report	3-8
Statement of Financial Activities	9
Balance Sheet	10
Notes to the Financial Statements	11-15

CHURCHES TOGETHER IN ESSEX AND EAST LONDON TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

All Trustees give their time voluntarily and receive no benefits from the charity apart from reimbursed expenses set out in note 4.

REFERENCE AND ADMINISTRATIVE DETAILS

CHURCHES TOGETHER IN ESSEX AND EAST LONDON TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

AIMS & OBJECTIVES

The charity will seek to further these objectives by:

Facilitating common witness to the Christian religion by the churches;
Providing means of consultation between the churches;
Working in co-operation with other ecumenical bodies

ACHIEVING DELIVERY OF THE TRUST’S AIMS AND PUBLIC BENEFIT

The church leaders meet regularly, sponsor ecumenical activities and encourage Christian mission in partnership with churches across Essex and East London.

ACHIEVEMENTS AND PERFORMANCE

Bradwell Pilgrimage and Gathering – Although plans had been made for this event in 2021 it had to be cancelled due the Covid-19 pandemic. A virtual pilgrimage was provided on YouTube instead.

CTEEL Membership – the Assemblies of God became a member of CTEEL.

The Ecumenical Lead was given the opportunity to work with a team of other Ecumenical Officers from around the country on Reimagining local CT groups, this work is ongoing.

Workplace Chaplains in Essex & East London – Following the decision in 2020 to dissolve WPC in Essex & East London, work is ongoing to support the committee during this process.

FUTURE PLANS AND HOPES

We will engage in national and regional matters conveyed through the work of Churches Together and cooperate in matters that grow and foster unity.

CHURCHES TOGETHER IN ESSEX AND EAST LONDON

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

FINANCIAL REVIEW

STATEMENT OF FINANCIAL ACTIVITIES

The Statement of Financial Activities is shown on page 9, with more detailed analysis of income and expenditure on pages 11 to 15.

Balance Sheet

Fundraising Resources

There are two main sources of income, donations by churches and fundraising.

Reserves Policy

At the year end, general unrestricted funds amounted to £80,206 which is more than sufficient to cover the committed costs should the charity be wound up.

Risk Management

Structure, Governance and Management

The Charity was registered on the 18[th] June 2009 after adopting the constitution on the 28[th] March 2007, amended by a special resolution on the 30[th] April 2009.

Membership is open, on payment of the agreed subscription, to any church interested in furthering the objects of the Association, having at least one congregation in the Area, and is either:

a member church of Churches Together in England;
a member church of the Evangelical Alliance or
a member church of the African Caribbean Evangelical Alliance.

Each member church shall appoint an individual to represent it and to vote on its behalf at meeting of the Association. Each member church (or association) shall have one vote.

Governance

Appointment and Induction of Trustees

The Board of Trustees consists of:

the Church leaders of the churches in membership or persons nominated by them;
the Chairperson, who will also be chair of the Board of Trustees.

There were seven changes during the year:

Mr Adrian Smith, Quaker representative, stood down as he is not eligible to be a Trustee in June 2021
Rev Andrew Prasad, stood down due to retirement in May 2021
Rt Rev Peter Hill, stood down due to retirement in May 2021
Rev’d Nick Lear, stood down due to taking a post in Plymouth in May 2021
David Bareham representing Relational Mission, joined in June 2021
Mark Barford representing Assemblies of God joined June 2021
Rev’d George Watt, Moderator for URC Thames North joined in June 2021

The Contribution of Volunteers

The charity makes use of volunteers to support its activities. CHURCHES TOGETHER IN ESSEX AND EAST LONDON TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

Key Management Personnel

There are no key management groups within the charity and no one Trustee has any more rights than another.

Trustees’ Responsibilities

In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation.

In so far as the Trustees are aware:

There is no relevant information of which the charitable company independent examiner is unaware and
The Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant independent examiner information

Signed on behalf of the Trustees by:

Trustee ……………………………………………………………………….

Print Name: Rt Revd Roger Morris

Date 6 September 2022

CHURCHES TOGETHER IN ESSEX AND EAST LONDON STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Note Incoming Resources Donation and legacies 1 Other Income 2 Total incoming resources Resources Expended 3 Fund raising Charitable activities Total resources expended Net income/(expenditure) before investment gains (losses) Net gains (losses) on investments Net income (expenditure)	Unrestricted Funds Designated Funds Restricted Funds Total 2021 Total 2020 £ £ £ £ £ 30,209 30,209 30,540 5 5 120
	30,214 30,214 30,660
	2,016 2,016 10,068 22,318 22,318 6,712
	24,334 24,334 16,780

	5,880 5,880 13,880 - -
	5,880 - - 5,880 13,880

The notes on pages 11 to 15 form part of the financial statements. All the activities of the charity are classed as continuing.

The Statement of Financial Activities includes all gains and losses recognised during the year and therefore a statement of total recognized gains and losses has not been prepared.

CHURCHES TOGETHER IN ESSEX AND EAST LONDON BALANCE SHEET

FOR THE YEAR ENDED 31ST DECEMBER 2021

Note Current Assets Debtors 4 Cash at bank and in hand 5 Liabilities Creditors (amounts falling due within one year) Accruals 6 7 Net Current Assets Total Net Assets Represented by: Unrestricted - General Fund 8 Designated Restricted Total Funds	2021 2020 £ £ 0 0 80,444 77,712 80,444 77,712 0 (238) 0 (3,386) 80,206 74,327 80,206 74,327 80,206 74,327 - - - - 80,206 74,327

The Trustees acknowledge their responsibility for:

1. Ensuring that the charity keeps adequate accounting records which comply with section 386 of the Companies Act 2006; and

These financial statements were approved by the Board of Trustees on 23 June 2022 and signed on their behalf by:

Trustee Rt Revd Roger Morris

Print Name: …………………………………………………………..

Date 6 September 2022

CHURCHES TOGETHER IN ESSEX AND EAST LONDON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. BASIS OF PREPARATION

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 notes to these accounts.

The charity constitutes a public benefit entity as defined by FRS 102.

1.2 Going Concern

2. ACCOUNTING POLICIES

The accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.1 Income

Income recognition

Offsetting

There has been no offsetting of assets and liabilities, or income and expenses.

Tax reclaims on donations and gifts

Support costs allocation

The charity has incurred expenditure on support costs.

CHURCHES TOGETHER IN ESSEX AND EAST LONDON

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

Income from interest, royalties and dividends

This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.

2.2 Expenditure and Liabilities

Liabilities recognition

Governance and support costs

Redundancy costs

The charity has made no redundancy payments during the reporting period.

Deferred income

No deferred income has been included in the accounts.

2.3 Assets

Debtors

There are currently no debtors.

Contribution to pension funds

The charity contributes towards staff pension. The employer contribution is 8% and the pension fund currently used is NEST.

Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the test set out in Paragraph 1 Schedule 6 of the Finance Act 2010.

CHURCHES TOGETHER IN ESSEX AND EAST LONDON

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

ANALYSIS OF INCOMING RESOURCES

Note	Unrestricted	Designated	Restricted	Total	Total
				2021	2020
	£	£	£	£	£
1. Donations and legacies
Membership subscriptions	29,459	-	-	29,459	29,790
(which are in substance donations)	750			750	750
Other Donations
Legacies	0			0	0
Total donations and legacies	30,209	-	-	30,209	30,540
Charitable activities
Donations taken at Bradwell	0	-	-	0	0
Advertising campaign	0	-	-	0	0
2.Other Income
Bank Interest	5			5	120
Total other income	5	-	-	5	120
Total incoming resources	30,214	-	-	30,214	30,660

ANALYSIS OF EXPENDITURE

TRUSTEES’ EXPENSES

No expenses were paid to trustees during the year.

EMPLOYMENT EMOLUMENTS

On the 19[th] of January 2021 Jenny Clayton was employed on a part time basis, namely 24 hours per week.

CHURCHES TOGETHER IN ESSEX AND EAST LONDON

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

SUMMARY OF FUND MOVEMENTS

Balance brought forward Incoming resources £ £ 77,712 30,214	Outgoing Resources £ (24,334)	Transfers Balance carried forward £ £ (3,148) 80,444
77,712 30,214	(24,334)	(3,148) 80,444
	2021 £ 0 0 2021 £ 34,756 45,688	2020 £ 0 0 2020 £ 32,029 45,683 77,712 £
	80,444 £

6. CREDITORS(AMOUNTS FALLING DUE WITHIN ONE YEAR) 6. Creditors 7. Accrued expenses	2021 2020 £ £ 0 0 238 3,386
	238 3,386

FINANCIAL COMMITMENTS

No material financial commitments have been made in respect of future financial periods.