2021-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Holy Trinity, Lyonsdown

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Holy Trinity Church, Lyonsdown

Trustees’ Report and Financial Statements

for the year ending 31[st] December 2021

Trustees’ Report and Financial Statements for the year ending 31/12/2021

Contents ........................................................................................................................................................................ 2 Trustees’ Report ........................................................................................................................................................... 2 Objectives and Activities ........................................................................................................................................... 2 Achievements and Performance ............................................................................................................................... 2 Financial Review ....................................................................................................................................................... 2 Summary ............................................................................................................................................................... 2 Income ................................................................................................................................................................... 2 Expenditure ........................................................................................................................................................... 3 Cash ...................................................................................................................................................................... 3 Reserves Policy ..................................................................................................................................................... 3 Structure, Governance and Management ................................................................................................................. 3 Administrative Details ................................................................................................................................................ 4 Statement Of Financial Activities .................................................................................................................................. 5 Balance Sheet............................................................................................................................................................... 6 Income and Expenditure ............................................................................................................................................... 7 Notes to the Accounts ................................................................................................................................................... 9 Independent Examiner’s Report ................................................................................................................................. 14

Trustees’ Report

Objectives and Activities

In accordance with Holy Trinity’s charity registration, its key activities are

TO PROVIDE REGULAR PUBLIC WORSHIP OPEN TO ALL;
TO PROVIDE SERVICES TO THE COMMUNITY AND
TO PROVIDE REGULAR RETREATS AND A DEANERY SPACE TO USE.

Achievements and Performance

During spring 2021 Rev Canon Laura Hewitt took charge of Holy Trinity as Area Dean, then in October 2021 she was appointed Priest in Charge of Holy Trinity. During 2021 there was a change in focus to a smaller, more reflective Sunday service and to preparing Holy Trinity to start offering retreats and a space for the Deanery to use.

Financial Review

Summary

2021 was a year of change for Holy Trinity as Rev Canon Laura was made Priest in Charge of Holy Trinity during the year, and there have been significant changes in congregation members and the leadership team during 2021. This means that the income and expenditure in 2021 had some significant differences to 2020.

However, despite a challenging financial year, Holy Trinity had a surplus of nearly £5,000 for 2021.

Income

Our income in 2021 was £69,649. Around 80% of this income came from rental income from the Twinkle Stars Nursery and room hire of Lyonsdown Hall. However, we also received around £6,000 of general giving and a grant of £7,500.

Here is a breakdown of our 2021 income:

Holy Trinity Church, Lyonsdown

Trustees’ Report and Financial Statements for the year ending 31/12/2021

----- Start of picture text -----
Interest and
other income, Donations and
£283 grants, £13,270
Lyonsdown Hall
rental income, Nursery rental
£37,757 income, £18,339
----- End of picture text -----

Expenditure

Our expenditure in 2021 was £64,859. Around £16,000 of this was for maintenance of Lyonsdown Hall and around £19,000 was for staff salaries whose work also largely related to Lyonsdown Hall. Around £13,000 was spent maintaining the church building, but a significant proportion of this was paid for by a grant.

Cash

We aim to maintain a healthy cash balance throughout the year to make sure we are able to deal with any unexpected dips in income. We were able to build up cash reserves a little during 2021 to allow a healthy cash balance to be carried into 2022.

Reserves Policy

The free reserves are the total funds available to the PCC, excluding funds tied up in Lyonsdown Hall and funds designated to be used on specific items.

It is the PCC’s policy to:

keep three months' running costs (approximately £30,000) in free reserves to cover essential expenditure in the event of loss of income
save up funds in a 'major repairs fund' to cover unexpected fabric repairs and other large projects

Our free reserves are currently close the target of £30,000 (at 31 December 2021 they stood at £27,006, which is around £5,000 more than the previous year). We feel that this is an appropriate level to keep the reserves at the current time to allow us to grow the church and develop our outreach to the community. We have also designated £10,000 to the major repairs fund, on top of the free reserves.

Structure, Governance and Management

Holy Trinity’s Parochial Church Council (PCC) is a corporate body established by the Church of England and operating under the Parochial Church Council Powers Measure.

It is registered as a charity in England as “The parochial church council of the ecclesiastical parish of Holy Trinity, Lyonsdown”, also known as “Holy Trinity PCC”. Its registered charity number is 1131088.

Individuals become members of the PCC (in accordance with the Church Representation Rules):

by virtue of their office within the church (vicar and churchwardens)
by membership of certain other ecclesiastical bodies (e.g. Barnet Deanery Synod)
by direct election by members of the church (those on the Church Electoral Roll)
by co-option at the discretion of the PCC.

On appointment or election to the PCC, all members automatically become trustees of the charity.

As well as constituting the charity trustees, the PCC is the overall management committee of the church.

Holy Trinity Church, Lyonsdown

Trustees’ Report and Financial Statements for the year ending 31/12/2021

Administrative Details

The following served as trustees (and as members of the PCC) in the period from the start of the reporting period (1 Jan 2021) to the date of the 2022 Annual Parochial Church Meeting (22 May 2022).

Steve Till until 18/01/2021 Andrew Loh until 18/01/2021 Sue Clarke until 20/01/2021 Dawn Macaulay until 20/01/2021 Karl Kan until 20/01/2021 Will Rugg until 23/01/2021 Hong Teck Lee until 26/01/2021 Robin Desoer until 26/01/2021 Rev Charles Dobbie until 03/03/2021 (vicar, chairman until same date) Andy Fry until 03/03/2021 (church warden to same date) Paul Tivey until 03/03/2021 (church warden to same date) John Govey until 24/03/2021 (treasurer and lay vice-chair to same date) Philip Wicksteed until 24/03/2021 Robert Bayman from 24/03/2021 (church warden and treasurer from 30/05/22) Jennifer Robinson-Beswick from 24/03/2021 (church warden and lay vice-chair from 30/05/22) Alison McCrory from 30/05/2021 Stephen Craggs from 30/05/2021 Rebecca Craggs from 30/05/2021 Rev Canon Laura Hewitt from 03/10/2021 (priest in charge & chair from same date)

Registered Office : 18 Lyonsdown Road, New Barnet, Hertfordshire EN5 1JE

Bankers : Barclays Bank, 1250 High Road, Whetstone N20 0PB (day to day church funds) & National Westminster Bank, 20 High Street, Barnet EN5 5RU (day to day Lyonsdown Hall funds) Independent Examiner : Mr J Price, 63 Chesterfield Road, Barnet, EN5 2RE.

Holy Trinity Church, Lyonsdown

Trustees’ Report and Financial Statements for the year ending 31/12/2021

Statement Of Financial Activities

note INCOME Donations and grants Charitable Activities Trading Activities Other Income Total INCOME EXPENDITURE Charitable Giving Service Costs Church Ministry Employee Costs 2,7 Fabric Fundraising Costs Administration Total EXPENDITURE NET RESOURCES TRANSFERS BETWEEN FUNDS NET MOVEMENT IN FUNDS BALANCES BROUGHT FORWARD BALANCES CARRIED FORWARD	2021 Restricted £ 8,349 - - - 8,349 63 - 216 - 7,500 - 456 8,235 114 - 114 - 114	2021 Unrestricted £ 4,921 79 56,096 204 61,300 - 640 11,298 19,043 5,134 15,954 4,555 56,624 4,676 - 4,676 1,997,480 2,002,156	2021 Total £ 13,270 79 56,096 204 69,649 63 640 11,514 19,043 12,634 15,954 5,011 64,859 4,790 - 4,790 1,997,480 2,002,270	2020 £ 52,615 17,918 39,545 3,229
				113,307
				16,411 2,301 84,930 18,458 8,506 19,114 4,123
				153,843
				(40,536) -
				(40,536) 2,038,016
				1,997,480

Holy Trinity Church, Lyonsdown

Trustees’ Report and Financial Statements for the year ending 31/12/2021

Balance Sheet

ASSETS note Fixed Assets Lyonsdown Hall Building 3 *Totals* Current Assets Cash at bank Cash in hand Trade debtors Other debtors & prepayments *Totals* Less Creditors Deferred income Creditor - St James's Church Other creditors due within 1 year Creditor due after 1 year - Twinkle Stars nursery 10 *Totals* NET CURRENT ASSETS NET ASSETS FUNDS note Restricted Funds 4 Restricted reserves *Totals* Designated Funds 5 Major repairs fund Designated fixed asset reserves *Totals* Other Funds 5 Free Reserves *Totals* FUNDS TOTALS	2021 £ 1,965,150 1,965,150 42,868 144 9,314 1,409 53,735 (12,368) (999) (1,229) (2,019) (16,615) 37,120 2,002,270 2021 £ 114 114 10,000 1,965,150 1,975,150 27,006 27,006 2,002,270	2020 £ 1,965,150
		1,965,150
		30,146 49 4,916 1,003
		36,114
		- - (1,767) (2,017)
		(3,784)
		32,330
		1,997,480
		2020 £ -
		-
		10,000 -
		10,000
		1,987,480
		1,987,480
		1,997,480

Holy Trinity Church, Lyonsdown

Trustees’ Report and Financial Statements for the year ending 31/12/2021

Income and Expenditure

INCOME 2021 note £ Donations and grants General giving 4,030 Tax recovered on general giving 891 Restricted donations 722 Tax recovered on restricted donations 127 Grant income 7,500 *Totals* 13,270 Charitable Activities Event income 3 Lyonsdown Hall letting - Refreshments at Sunday services - Discipleship income - Youth work income - Office income - Wedding & Funeral Fees 76 *Totals* 79 Trading Activities Rental income - Nursery 18,339 Rental income - Lyonsdown Hall 37,757 *Totals* 56,096 Other Income Interest Income 31 HMRC furlough grant - Other income 173 *Totals* 204 INCOME TOTALS 69,649	2020 £ 38,109 9,131 100 25 5,250
	52,615
	- 10,000 258 3,078 3,939 334 309
	17,918
	19,600 19,945
	39,545
	340 2,033 856
	3,229
	113,307

Holy Trinity Church, Lyonsdown

Trustees’ Report and Financial Statements for the year ending 31/12/2021

EXPENDITURE note Charitable Giving Hardship fund Grant funding of mission 9 *Totals* Service Costs Service costs Refreshments Audio equipment & music Wedding & funeral costs *Totals* Church Ministry Payments to HT Lyonsdown Trust 7,11 Youth and children's work Event costs Discipleship Staff welfare & training Staff expenses Vicar's expenses 7 Vicarage expenses 7 Gifts and hospitality *Totals* Employee Costs 2,7 Salaries Pensions and social security *Totals* Fabric Repairs & maintenance Cleaning Church utilities Church Insurance *Totals* Fundraising Costs Nursery repairs and maintenance Hall maintenance Hall cleaning & gardening Hall utilities Hall Insurance Hall office costs *Totals* Administration Photocopier & IT Publicity Independent examination costs Other office costs Fees - bank etc Bad debt expense *Totals* EXPENDITURE TOTALS SURPLUS / (DEFICIT)	2021 £ 63 - 63 134 43 428 35 640 8,787 49 217 31 - - 142 2,238 50 11,514 18,814 229 19,043 8,502 158 2,326 1,648 12,634 63 4,729 3,881 3,138 2,305 1,838 15,954 827 126 150 656 116 3,136 5,011 64,859 4,790	2020 £ 139 16,272
		16,411
		368 - 1,933 -
		2,301
		74,000 2,503 304 2,285 1,265 1,428 1,145 1,631 369
		84,930
		18,270 188
		18,458
		1,858 483 4,541 1,624
		8,506
		- 7,619 3,389 4,499 2,867 740
		19,114
		1,816 618 - 1,414 275 -
		4,123
		153,843
		(40,536)

Holy Trinity Church, Lyonsdown

Trustees’ Report and Financial Statements for the year ending 31/12/2021

Notes to the Accounts

1. Accounting Policies

a) Basis of Accounting

The accounts have been prepared under the historical cost convention, and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing 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 (FRS102); the Charities Act 2011; and UK Generally Accepted Practice as it applies from 1 January 2015.

The charity constitutes a public benefit entity as defined by FRS102.

b) Recognition of income

Income is included in the Statement of Financial Activities when the charity becomes entitled to the resources, it is more likely than not that the charity will receive the resources and the monetary value can be measured with sufficient reliability.

c) Incoming resources

Donations and grants are included in the accounts when the general income criteria are met. When donors specify they are to be used for a future accounting period they are treated as deferred income. Contributions, fees and tax recoverable from the Inland Revenue under the Gift Aid scheme are recognised on an accruals basis when there is a valid declaration from the donor. Collections are recognised when received by or on behalf of the PCC. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its entitlement, that receipt is probable and the amount due can be measured reliably.

Church members act as general volunteers. As it is impractical for their contribution to be measured reliably for accounting purposes, their voluntary work is not credited in the financial statements.

Income from charitable activities

All income from charitable activities is accounted for gross.

Income from other trading activities

Rental income from the letting of church premises is recognised at the time to which the rental relates.

Investment income

Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting year.

d) Resources Expended

Expenditure is accounted for on an accruals basis, inclusive of VAT, which cannot be recovered.

Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

e) Capitalisation and Depreciation

All fixed assets are initially recorded at cost.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Property – the property is not depreciated as the PCC believes the current market value of the property is around or higher than the valuation in the accounts.

Consecrated and benefited property are excluded from the financial statements by s.96(2)(a) of the Charities Act 1993.

Movable church furnishings held by the vicar and churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church’s inventory. For inalienable property acquired prior to 2001 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Items acquired since 1 January 2001 have been capitalised and depreciated on a straight-line basis over three years.

All expenditure incurred during the year on consecrated or benefited buildings, individual items not exceeding £1,000 in value, or on the repair of movable church furnishings acquired before 1 January 2001 is written off.

Holy Trinity Church, Lyonsdown

Trustees’ Report and Financial Statements for the year ending 31/12/2021

f) Stocks

Stocks held for resale are measured at the lower of cost or net realisable value.

g)

Pensions

Holy Trinity’s PCC contributes to a defined contribution pension scheme on behalf of employees, the cost of which is disclosed in the detailed income and expenditure account.

h) Funds accounting

Funds held by the charity are:

Unrestricted general funds – these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
Unrestricted designated funds – these are funds which the PCC has designated for specific purposes, as set out in note 5.
Restricted funds – these are funds which can only be used for particular purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. The nature and purpose of each fund is explained further in the notes to the accounts.

i) Current assets

Debtors are recognised at their settlement amount, less any provision for non-recoverability. Prepayments are valued at the amount prepaid.

Cash at bank and in hand represents such accounts and instruments that are available on demand or have a maturity of less than three months from the date of acquisition. Deposits for more than three months but less than one year have been disclosed as short term deposits. Cash placed on deposit for more than one year is disclosed as a fixed asset investment.

j)

Creditors and provisions

Creditors and provisions are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Creditors and provisions are recognised at the amount the PCC anticipates it will pay to settle the debt.

k)

Statement of cash flows

The financial statements do not include a statement of cash flows as the PCC constitutes a small charity under the SORP as amended by Update Bulletin 1.

2. Staff Costs

a)

Employment costs are as specified in the detailed income and expenditure.

b) 2 people were employed by the charity during the year, of which both were part-time (2020 – 2 people, of which both were part-time).

No employee earned more than £60,000 during the year (2020 – nil).

Eligible employees are enrolled in a defined contribution scheme managed by the National Employment Savings Trust (NEST). Auto-enrolled member contributions are at 3%, less tax relief, and employer contributions are at 5%.

There are no employer charges, while member charges comprise an annual management charge of 0.3 per cent on the total value of a member’s fund each year plus a contribution charge of 1.8 per cent on each new contribution.

3. Fixed Assets

The only fixed assets are a property valued at £1,965,150 and Lyonsdown Hall equipment with a cost of £31,914. The property is Lyonsdown Hall, 3 Lyonsdown Road, New Barnet. It is used in part to raise funds for the PCC, but is also available to carry out the PCC's charitable purposes. No depreciation has been applied to this property because the PCC believes the current market value of the property is equal to or higher than the current valuation. This current valuation was made on 31 December 2020 based on its insurance valuation. The Church building and Church Rooms are not included as they are consecrated property. The Hall equipment had been fully depreciated by 1 January 2020 so the net book value of this equipment is £nil and no additions were made to this equipment in 2020 or 2021.

Holy Trinity Church, Lyonsdown

Trustees’ Report and Financial Statements for the year ending 31/12/2021

4. Restricted Funds

Youth & Children’s work fund Hardship fund Other	1 Jan 2021 £ - - - -	Income £ 216 63 8,070 8,349	Expenditure £ 216 63 7,956 8,235	Transfers between funds £ - - - -	31 Dec 2021 £ - - 114
					114

The youth and children’s work fund consists of grants and donations given to pay for the youth and children’s work at Holy Trinity, including family events such as Fun Days. This fund contains some donations to be used for any costs relating to youth and children's work and some for specific elements of youth and children’s work.

The hardship fund consists of donations to be given to members of the congregation, or others known to the church, who are in particular financial hardship or have a particular financial crisis.

The other restricted fund is for other small donations donated for specific causes such as repairs to the building or pieces of equipment.

5. Unrestricted Funds

General funds Free reserves Designated major repairs fund Designated fixed assets reserves	1 Jan 2021 £ 1,987,480 - 10,000 - 1,997,480	Income £ 61,300 - - - 61,300	Expenditure £ 56,624 - - - 56,624	Transfers between funds £ (1,992,156) 27,006 - 1,965,150 -	31 Dec 2021 £ - 27,006 10,000 1,965,150
					2,002,156

The designated major repairs fund is a fund which is designated by the PCC to be used for repairs and maintenance of the church building.

The designated fixed assets reserves are the total of the charity’s reserves which are tied up in the church’s property, Lyonsdown Hall, and any other fixed assets. Therefore, these reserves can’t be spent unless the property or other assets are sold. For 2021 General funds have been split between the designated fixed assets fund and free reserves to allow more clarity of the amount of freely available reserves.

6. Analysis of Net Assets (between restricted and unrestricted funds)

Restricted Unrestricted: Free reserves Designated fund – fixed assets reserves Designated fund – major repairs fund	Tangible fixed assets £ - - 1,965,150 - 1,965,150	Other net assets £ 114 27,006 - 10,000 37,120	Total £ 114 27,006 1,965,150 10,000
			2,002,270

Holy Trinity Church, Lyonsdown

Trustees’ Report and Financial Statements for the year ending 31/12/2021

7. Transactions with Trustees and Related parties

Trustees Remuneration & Benefits: None of the trustees have been paid any remuneration or received any other benefits from an employment with the charity or a related entity.

Trustees Expenses: The only trustees and connected persons to receive any reimbursement of personal expenses were the incumbent at the start of 2021 (The Rev Charles Dobbie), his spouse and the Priest in Charge at the end of 2021 (The Rev Canon Laura Hewitt). The Rev Charles Dobbie and his spouse were paid expenses of £1,231 (2020 - £2,776). The Rev Canon Laura Hewitt was paid expenses of £23 (2020 - £nil). These expenses were all wholly related to their duties at Holy Trinity. In 2021 £1,126 of Vicarage expenses were also paid by Holy Trinity while the Vicarage was unoccupied (2020: £nil) but these expenses did not directly benefit any related parties.

No other trustee received any remuneration in 2021 (2020: £nil), except for reimbursement of out of pocket expenses.

Transactions with Related Parties: £8,787 was paid to Holy Trinity Lyonsdown Trust in 2021 (2020: 74,000). The PCC at 31 December 2020 stated in the 2020 accounts that they did not consider Holy Trinity Lyonsdown Trust to be a connected party. The PCC at 31 December 2021 is currently not able to confirm whether the Holy Trinity Lyonsdown Trust should be considered a related party or not.

The PCC is not aware of any other related party transactions in 2021 or 2020, apart from unconditional donations to the PCC from trustees and their spouses, and services provided on a voluntary basis.

8. Fees for Examination of the Accounts

The fee for the Independent Examiner has not yet been finalised for the examination of the 2021 accounts but an accrual of £150 has been set up for this fee (2020 – £nil).

9. Grant funding of activities

The following grants were made in 2021 and 2020.

Grants to Gospel promoting institutions

RELITE Africa Trust UK (overseas) Pecel Reformed Church, Hungary (overseas) Pecel Reformed Church, gifts in kind (overseas) Belgian Bible Institute (overseas) Pandemic assistance to church families (home)	Unrestricted funds 2021 £ - - - - - -	Restricted funds 2021 £ - - - - 63 63	Unrestricted funds 2020 £ 8,000 4,015 257 4,000 14 16,286	Restricted funds 2020 £ - - - - 125
				125

The grants to Pecel Reformed Church included £15 of support costs for a bank transfer charge and the cost of a visit of a prospective associate, whose place was subsequently withdrawn due to the pandemic.

10. Liabilities due after more than 1 year

Lease Deposit received from Twinkle Stars Nursery School

Lease Deposit received from Twinkle Stars Nursery School
Balance on 1 January Interest accrued Balance on 31 December	2021 £ 2,017 2 2,019	2020 £ 2,015 2
		2,017

The deposit is repayable at the end of the lease term. Interest at the current rate paid by the Bank of England during the year is accrued and added to the deposit.

Holy Trinity Church, Lyonsdown

Trustees’ Report and Financial Statements for the year ending 31/12/2021

11. Parish share

In past years Holy Trinity has failed to make the Parish Share payments due to the Diocese and has made alternative financial arrangements for the vicar’s stipend. The Diocese recognises the difficult financial position the church has inherited and has not required any contribution during the year 2021. As the financial standing of the church becomes clearer discussions are taking place with the Diocese on the amount of Parish Share that can be reasonably contributed for 2022 and beyond. One factor in calculating the Parish Share requested is the size of the Electoral Roll, which is currently inflated by the presence of substantial numbers of people who do not worship at the church; regulations governing the composition of the roll means that the inappropriate membership cannot be addressed by simply removing the names.

12. Change in accounting categories

Between 31 December 2020 and 31 December 2021 the PCC, treasurer and Vicar of Holy Trinity have changed. This has meant that the accounts have been prepared in a different format in 2021 to 2020, so some small changes in categorisations have occurred between the 2020 accounts and the 2021 accounts. The revised categories have now been applied retrospectively to the 2020 activities in these accounts, resulting in minor differences in the presentation of them between this document and the 2020 published accounts However, the 2020 totals of income and expenditure in the 2020 accounts and 2021 accounts are the same so no material change has been made.

13. Bad debt expense

By late 2021 Twinkle Stars nursery had a debt of £3,136 of unpaid rent from the Covid-19 lockdown periods when they were unable to pay full rent. The PCC decided to write off this debt and not ask Twinkle Stars to repay it. This has been recognised as expenditure under the heading ‘bad debt expense’.

Holy Trinity Church, Lyonsdown

Trustees’ Report and Financial Statements for the year ending 31/12/2021

Independent Examiner’s Report

Report to the Parochial Church Council of the Ecclesiastical Parish of Holy Trinity, Lyonsdown. Charity Number 1131088.

I report to the trustees on my examination of the accounts of the above charity (“the PCC”) for the year ended 31 December 2021.

Responsibilities and Basis of Report

As the charity's trustees, 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 the PCC’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 matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the PCC as required by section 130 of the Act; or
the accounts do not accord with those records; or
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.

My examination was hampered by the presentation of the electronic data given to me. It is a matter that needs to be addressed for the future but can easily be resolved and I have discussed how this may be done with both the Treasurer and the Assistant Treasurer. In my examination of the accounts I have come across no matters to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

John Price 11 May 2022

Holy Trinity Church, Lyonsdown