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2022-03-31-accounts

Company registration number: 06951383 Charity registration number: 1132125

Ecumenical Partnership Initiatives

known as

Workplace Matters

(A company limited by guarantee)

Annual Report and Financial Statements

for the 15 month period ended 31 March 2022

1

Ecumenical Partnership Initiatives

Contents

Reference and Administrative Details 3
Trustees' Report 4 - 14
Statement of Trustees' Responsibilities 15
Independent Examiner's Report 16
Statement of Financial Activities 17
Balance Sheet 18
Notes to the Financial Statements 19 - 26

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Ecumenical Partnership Initiatives

Reference and Administrative Details

Chief Executive Officer

Mr Des Scott

Trustees

Delbert Sandiford, Chair (resigned 2 December 2022) Anthony M Charles, Vice Chair (Chair from 5 December 2022 Leonard M Holmes Michael J Hart, Treasurer Sonia Blackett Peter Rouch (resigned June 2022)

Other Officers

Mr Alistair Burt, Patron Rt Rev A Smith, Bishop of St. Albans, Patron Baroness Dorothy Thornhill, Patron

Principal Office

St. Albans Diocesan Office 41 Holywell Hill St. Albans Hertfordshire AL1 1HE

Company Registration Number

The charity is incorporated in England. 06951383

Charity Registration Number

1132125

Bankers

Barclays Bank plc London Corporate Banking

Independent Examiner

John R Reeds FCA

48 St Peters Road

Buxton

SK17 7DX

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Ecumenical Partnership Initiatives

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the period ended 31 March 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the charity.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and 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 published in October 2019.

Objectives and activities

Objects and aims

Purpose / Vision

Values

We will serve anyone regardless of their age, gender, race, sexuality, faith, ability or status.

We encourage our teams to work on the margins of society taking risks for the Kingdom of God.

We do this through :

Objectives, strategies and activities

Our core activity at Workplace Matters (WM) is chaplaincy.

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Ecumenical Partnership Initiatives

Trustees' Report

Where chaplaincy is empowered and equipped to work effectively, it improves people’s wellbeing and life chances, whether in the workplace or in the lives of those we work with through the airport and on the canals and waterways.

We aim to:

Chaplains seek to:

Where they provide a high-quality chaplaincy service for people at work (all faiths and none); key workplace organisations are:

Good team working is critical to the success of WM. We seek to create a cohesive team of staff and Chaplains built on mutual trust for all our stakeholders (supporting churches, Chaplains, organisations we work with, and other chaplaincy organisations). By sharing a common purpose, this will contribute to growing mutual trust and thereby benefit all who need our support and services in good and bad times in their lives.

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Ecumenical Partnership Initiatives

Trustees' Report

A year of growth and challenge

This year, we have grown the number of new volunteer Chaplains and lost some who, because of the pandemic, decided this was the time to step back. All who stepped back expressed sadness at having to step down but had to be realistic about their health issues. Overall, we have grown slightly in number in the Waterways Chaplaincy but are down in number in the Airport Chaplaincy. We have noticed that for those we have been serving, the complexity of their needs has grown, especially on the canals and waterways.

The challenge has been operating effectively through the pandemic, where lockdown was in place for much of the first half the year and restrictions in another large part of it. The airport was virtually closed through the lockdown periods and much of the support for staff moved to online and telephone. Liz Hughes the Senior Airport Chaplain carried on working through most of last year offering pastoral support from a distance and going to the airport when needed to assist with passengers. The Waterways Chaplains, who were designated as essential workers, did continue to operate where they could as they were outdoors, and we put measures in place to make sure they were COVID safe and managed the risk.

A lot of the Airport Chaplains’ support this year has been proactive in the wellbeing and pastoral care of staff during this real period of uncertainty. For us, it was about taking the church to them rather than expecting people to come to us. Unfortunately, the development of the chaplaincy hours to cover evenings and weekends has not been able to move forward due to the pandemic. This will be picked up again as the restrictions permit.

Waterways Chaplaincy now have nine hubs up from the six before the pandemic as new Chaplains are recruited from different areas. Borne out of an identified need, the Waterways Chaplaincy supports all waterway users including the residents of boats, walkers, volunteers and workers of all faiths and none. They seek to play their part in bringing about short and long-term personal transformation – emotionally, mentally and spiritually. They now have over 100 Chaplains covering many of the main arteries of the UK: including the Grand Union Canal, the Kennett and Avon Canal, River Wey, Basingstoke Canal and the River Lee and Stort. Although numbers of contacts have dropped due to the pandemic, the complexity and need for ongoing support of situations has increased. Poverty and mental health have been among the main issues reported with other things ranging from boating matters to relationships, employment and homelessness. This year in particular faith and spirituality often come up as part of those conversations as people often were struggling with what seemed to them hopeless situations.

We have been involved in funerals for boaters and their families as part of that support, which has been important for the boating community and gives our work profile among that group. The underpinning principle of this unique chaplaincy is to provide independent and confidential support, which is encouraging and ensures that people feel listened to.

Among our volunteers across both chaplaincies are a mix of retired teachers, GPs, clergy, professionals and others who are still working but find volunteering a great way to ‘give back’.

Conclusion

We are most grateful to our volunteers for the service they are delivering to the public in our chaplaincy and wholeheartedly thank trustees and staff for their energetic response to the challenges, and for their steadfast work, not only to keep the charity afloat, but to see it grow.

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Ecumenical Partnership Initiatives

Trustees' Report

Achievements and performance

Details of the difference the charity has made and the benefit to the public of the activities it has undertaken are given below.

How do we measure our success?

  1. Increasing the number of people that we are able to assist through our work.

  2. Being able to measure the tangible difference we make in the lives of those we meet.

  3. Through secular and Christian media coverage highlighting the work we do.

  4. Feedback from those we work with and organisations we work in partnership with.

1. Increasing the number of people that we are able to assist through our work

Waterways Chaplaincy

This period, the volunteer Chaplains’ numbers have not grown significantly. This was, in part, because all the events where recruitment would normally take place were cancelled due to the pandemic. Nevertheless, recruitment through word of mouth kept the numbers up to cover those who retired or went on to do other things.

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Ecumenical Partnership Initiatives

Trustees' Report

Waterways Chaplaincy

----- Start of picture text -----
Issues dealt with over the Period Jan 2021 to March 2022
----- End of picture text -----

----- Start of picture text -----
crime, 82 ptsd, 53bereavment, 206
employment, 96
finance, 672
relationships, 375
homelessness, 80
addiction, 84
phy health, 757
licence moor, 388
boat, 314
mental health, 448
faith, 994
----- End of picture text -----

It should be noted that these figures are based on around 52% of Chaplains reporting. These figures could easily be 75% higher if all the Chaplains completed reports every month.

London Luton Airport Activity during the period

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Ecumenical Partnership Initiatives Trustees' Report

2. Being able to measure the tangible difference we make in the lives of those we meet

This is seen in the stories of the lives we have impacted through the chaplaincies. There are too many to detail but below are a few stories that reflect the work we do.

Stories of transformation : Waterways Chaplaincy

Boater A

Boater A is in his 60’s and uses a stick to walk. Last year he lost two close family members. Also, he is having problems where his boat is moored. He was very emotional when the Chaplain met him and spoke about how he sometimes feels like just giving up and jumping into the canal. The Chaplain was concerned that this was not an idle threat and so put some measures in place.

To add to the difficulties, he arrived back from his job to find out they had evicted him, and his boat had been moved off-site. He then spent 2 days sleeping in his car before he found out where they had moved his boat to. The role of the Chaplains was to support the boater in dealing with the people where he had been moored. Thankfully over time they found a satisfactory outcome that meant everyone was happy

As the boater was someone who used to go to church, he asked the Chaplin to pray with him on occasions

Boater B

After such a long lockdown, some boaters are realising that they are struggling to move their boats because of poor health, particularly people whose health has deteriorated over the last year. Through the year we have assisted a number of them to apply for and get moved to more suitable accommodation on land. Also, in the last months one Chaplain has assisted at least six people in applying for an Equality Adjustments (EA) because of disabilities in doing this, this often highlights other needs e.g. the need to claim PIP and/or applying for a blue badge. These forms are very long and complex and we have been able to support those less able to complete them.

Sustainability of the LLA Airport Chaplaincy

In the short-term the war in Ukraine has significantly increased the profile of the chaplaincy and created a new interest in supporting the ministry. The trustees are creating a management group representing the airport and interfaith aspects of the chaplaincy to help build up the work and increase the number of volunteers. The new prayer room landside is being well used and we are gradually reintroducing the services initially through special seasons and progressively adding regular prayers for those who work in the building. All these elements will, we believe, enable the long-term sustainability of the work

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Ecumenical Partnership Initiatives

Trustees' Report

Stories of transformation: London Luton Airport Chaplaincy

The Senior Chaplain came across a young Spanish woman in distress. She’d arrived the night before, from Greece, with her Romanian boyfriend. He had been detained by Border Force and after a long night and day of waiting – he was refused entry into the UK.

She then had to decide what to do. They were due to be staying with friends of his in Ilford, a complicated journey for someone who has never been in England and had no real understanding of the English language (plus she had never met any of the people they were supposed to be staying with) He chose to be returned to Greece on the next available flight, where he hoped she would meet him, but she felt this was too expensive and didn’t have the money.

After many phone calls to her boyfriend and her Mum she finally decided to go by train to Paris where she could get help. The Chaplain accompanied her to the bus for the Railway station and helped her understand the journey and what she would need to do and in terms of checking what paperwork and COVID tests she would need for the journey. She was extremely grateful and exuberant in her thanks after what had been a stressful time!

Sustainability of the LLA Airport Chaplaincy

In the short term the war in Ukraine has significantly increased the profile of the chaplaincy and created a new interest in supporting the ministry. The trustees are creating a management group representing the airport and interfaith aspects of the chaplaincy to help build up the work and increase the number of volunteers . The new prayer room landside is being well used and we are gradually reintroducing the services initially through special seasons and progressively adding regular prayers for those who work in the building. All these elements will, we believe enable the long term sustainability of the work

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. Ecumenical Partnership Initiatives Trustees' Report

3. Through secular and Christian media coverage highlighting the work we do

4. Feedback from those we work with and organisations we work in partnership with

Trustees would like to acknowledge the financial support they have received:

Richard Parry, CEO of Canal and River Trust says:

“ Waterways Chaplains make a significant difference in the wellbeing of the lives of many of our more vulnerable waterways users. Their local knowledge, together with the practical help and pastoral support they can offer, can often be the catalyst for change that enables those in need to move forward with their lives.

Our Welfare Officer and local teams regularly refer people to the Chaplains for help and often link with them in situations where we can work together in the best interest of the boater to avoid long term issues and difficulties. I believe they have become a vital part of our waterways network, reaching those most others are unable to reach. ”

Clare Armstrong (Senior Manager London Luton Airport)

Liz Hughes, the Senior Airport Chaplain, has been a valuable member of the Airport team during the last 12 months keeping on top of the constantly changing restrictions to our multi-faith facilities and supporting customers and airport staff through this challenging and uncertain time. The kind presence of our Chaplaincy Team plays a vital role supporting those in our airport community most impacted by the global pandemic.

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Ecumenical Partnership Initiatives

Trustees' Report

Public benefit

The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. More details of how the charity has provided public benefit can be found in the achievements and performance section of this report.

Use of volunteers

Workplace Matters values highly the contribution made by a large number of volunteer Chaplains and associates (110 volunteers). The value of their contribution is not included as income in the Statement of Financial Activities.

Staff

Our CEO works one day a week. In addition to one full time and four part time Chaplains, we have Finance and HR support through our partnership with Church Army. The Board records its profound gratitude to Church Army for its generous support.

Board changes

Peter Rouch, Church Army CEO joined the board June 2021 and stood aside in June 2022 to avoid a conflict of interest with Waterways Chaplaincy becoming an independent charity within the Church Army family Delbert Sandiford resigned on 2 December 2022 having served 10 years as its chair. The Trustees were grateful for his leadership and service to the charity. Anthony Charles the Vice Chair was appointed chair.

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Ecumenical Partnership Initiatives

Trustees' Report

Financial review

Income for the 15 Months was £197,286 (2020: £181,544) and expenditure for the period was £173,876 (2020: £145,991) resulting in net income of £23,410 (2020: £35,553). The balance of unrestricted funds at the end of this financial period amounted to £61,249 (2020 £38,597) and the balance of restricted funds totalled £110,793 (2020: £110,035). The restricted funds received have increased to cover the growth of the work, particularly in the Waterways Chaplaincy. Not all the income was spent in the period. Some of this was to do with timing and also an amount was carried across to support the growth plan in the following year. The continued support of Church Army through the provision of leadership and back office support services have helped sustain the development.

Workplace Matters do not accept funding from organisations or activities that are materially inconsistent with our values and are also mindful of the danger of undermining the credibility, effectiveness and unity of the Church’s witness were they to do so.

During the year, the Trustees opened formal discussions with Church Army with a view to their taking over the oversight and governance of the Waterways Chaplaincy as an independent charity . For some years Church Army has been providing leadership and back-office support, which has included the secondment of our CEO one day a week until his retirement in 2021. In order to facilitate a possible transfer of assets EPI extended its year-end by 3 months.

Policy on reserves

The trustees believe a level of free reserves equal to three months’ expenditure to ensure a smooth cessation of the trust and its work in the event of a serious reduction in income. At current levels of expenditure, this amounts to £43,500. Free reserves on 31 March 2022 total £43,548. Funds continue to be monitored carefully to ensure this is maintained.

Investment policy and objectives

The charity has no long-term investments.

Risk Management

The Board review the risks annually at their spring meeting and monitor them every quarter. They are content that the controls in place are adequate.

The main risks for us around COVID-19 were:

  1. Chaplains catching the virus, leading to serious illness or death

  2. We undertook a specific risk assessment and issued guidance in line with government guidelines and additional specific guidance around our work as Chaplains.

  3. Those in the vulnerable category were encouraged to shield.

  4. We kept in contact with those we were supporting mainly by phone rather than face to face.

  5. Where deliveries such as food parcels were delivered, they were left a safe distance away for the recipient to pick up.

  6. We held team meetings over zoom.

  7. Transmitting the virus to others

  8. Chaplains wore PPE including masks and gloves when undertaking visits.

  9. If they met with anyone, it was in a public space, and they were socially distanced.

  10. Loss of funding

  11. Much of our funding is multiyear funding from trusts and not individuals and therefore the impact was minimal. We did incur some additional costs, and these were underwritten by one of the supporting trusts through an additional grant.

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Ecumenical Partnership Initiatives

Trustees' Report

Structure, governance and management

Nature of governing document

Workplace Matters is the working name of Ecumenical Partnership Initiatives which is a registered Charity and a company limited by guarantee. The Company is governed by its Memorandum and Articles of Association (the governing documents). In the event of winding up, Members’ liability is limited to £1 each.

Recruitment and appointment of trustees

As of 31 March 2021, the Board comprised six trustees. They are collectively responsible for the oversight of the management of the affairs of the Charity. They are subject to election or re-election according to procedures set out in the governing document. All members of the Board give their time voluntarily and receive no benefits from the Charity. The trustees may claim reasonable expenses in connection with their duties as trustees. On appointment, each trustee is given an induction by the Chair and Company Secretary, together with copies of Charity Commission guidance on being a trustee and organisational policies and procedures. Their responsibilities include the oversight of the business of Workplace Matters, regular review of the finances, risk management and monitoring of projects.

The period of appointment is for three years and is renewable for further terms. One-third of members retire by rotation and are appointed or re-appointed each year.

The Board have delegated management of Workplace Matters to the CEO who reports on the performance of the organisation. Management accounts are received quarterly by the trustees.

Organisational structure

The CEO has responsibility for planning and developing the services and strategies for Workplace Matters within the policies and procedures set by the board of Directors. The CEO ensures that the staff team is recruited and supported to provide the skills and expertise needed to run a successful organisation and that Workplace Matters’ goals and values are observed. The CEO is also responsible for Fundraising, PR and External and Internal Communications.

The CEO has direct line management responsibility for the Core Team of Chaplains and until February 2021 the Assistant Management Accountant. The Core Team are responsible for recruiting and team leading the Chaplains, training and developing of the Chaplains and for maintaining the key relationship with their allocated ‘area of chaplaincy’. Since the resignation of the Assistant accountant, Church Army have managed the bookkeeping and accounts. Church Army HR and administration team manage volunteer recruitment processes, databases and website management in conjunction with the Chaplains. The CEO manages the administration of the Workplace Matters Board of Directors and provides first-contact information and advice and acts as Company Secretary.

The CEO, together with the Treasurer, is responsible for the financial management and maintenance of accounts, budgets and reports. The CEO, in conjunction with the Treasurer, prepares and presents quarterly reports to the Board and other reports as required.

The annual report was approved by the trustees of the charity on 20 December 2022 and signed on its behalf by:

......................................... A M Charles Trustee

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Ecumenical Partnership Initiatives

Statement of Trustees' Responsibilities

The trustees (who are also the directors of Ecumenical Partnership Initiatives for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

Company law requires the trustees to prepare financial statements for each financial year. Under company law, the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees of the charity on the 20 December 2022 and signed on its behalf by:

......................................... A M Charles Trustee

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Ecumenical Partnership Initiatives

Independent Examiner's Report to the trustees of Ecumenical Partnership Initiatives

I report to the charity trustees on my examination of the accounts of the company for the 15 Month period ending 31 March 2022 which are set out on pages 17-26.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination, I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 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:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act: or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

John R Reeds FCA 48 St Peters Road Buxton Derbyshire SK17 7DX

Date:...20/12/2022.....................

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Ecumenical Partnership Initiatives

Statement of Financial Activities for the Period ended 31 March 2022 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Income and Endowments from:
Note
Charitable activities
3
Investment income
4
Other income
5
Total Income
Expenditure on:
Charitable activities
6
Total Expenditure
Net income/(expenditure)
Net transfer between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
13
Income and Endowments from:
Note
Charitable activities
3
Investment income
4
Other income
5
Total Income
Expenditure on:
Charitable activities
6
Total Expenditure
Net transfer between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
13		 Unrestricted
funds
£
Restricted
TotalFunds
funds
2022
£
£
30053
156224
186276
9
9
11000
11000		 Unrestricted
funds
£
Restricted
TotalFunds
funds
2022
£
£
30053
156224
186276
9
9
11000
11000
41062
156224
197286
(20810)
(153066)
(173876)
(20810)
(153066)
(173876)
20252
3158		 23410
2400
(2400)
22652
758
38597
110035		 23410
148632
61249
110793
28,251
153,293
181,544
(22,679)
(123,312)
(145,991)
(22,679)
(123,312)
(145,991)
7,492(7,492)
13,064
22,489
35,553
25 533
87,546
113,079
38,597
110,035 148,632

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 13.

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Ecumenical Partnership Initiatives

(Registration number: 06951383) Balance Sheet as at 31 March 2022

Note
Fixedassets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Creditors: Amounts falling due within one year
12
Net current assets
Net assets
Funds of the charity:
Restricted funds
Unrestricted funds
Total funds
13		 2022
2020
£
£
462974
3253
678
198128
175917
201381
176595
(29801)
(28937)
171580
147658
172042
148632
110793
110035
61249
38597
172042
148632

For the 15 Month period 31 March 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small company's regime and in accordance with FRS102 SORP.

The financial statements on pages 15-25 were approved by the trustees and authorised for issue . and signed on their behalf by:

A M Charles

Trustee

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Ecumenical Partnership Initiatives

Notes to the Financial Statements for the Period Ended 31 March 2022

1 Charity status

The charity is a charity limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 as set out on page 12 of this report towards the assets of the charity in the event of liquidation.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Basis of preparation of financial statements

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 in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), the Companies Act 2006 and UK Generally Accepted Practice.

Ecumenical Partnership Initiatives meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

The financial statements are prepared in sterling, which is the functional currency of the charity and rounded to the nearest £.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

The charity has prepared forecasts of income and expenditure, taking into account the government's roadmap to recovery, which show they have sufficient reserves to be able to continue for a period of 12 months from the date of approval of these financial statements and therefore they believe it is appropriate for the accounts to be prepared on a going concern basis.

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Ecumenical Partnership Initiatives

Notes to the Financial Statements for the Period Ended 31 March 2022

Exemption from preparing a cash flow statement

The charity have applied the disclosure requirements of section 1A of FRS 102 other than where additional disclosure is required to show a true and fair view and have therefore not included a cash flow statement in these financial statements.

Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the value can be reliably measured.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, staff costs by the time spent and other costs by their usage.

Governance costs

These include the costs attributable to the charity's compliance with constitutional and statutory requirements, including audit, strategic management and trustees' meetings and reimbursed expenses.

Tangible fixed assets

Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Computer equipment 33% straight line

Debtors

Debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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Ecumenical Partnership Initiatives

Notes to the Financial Statements for the Period Ended 31 March 2022

Liabilities and provisions

Liabilities 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. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation.

Funds structure

Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Employee benefits

When employees have rendered service to the Charity, short term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The charity operates a defined contribution pension scheme. Contributions are charged in the statement of financial activities as they become payable in accordance with the rules of the scheme.

Gift in kind

The office at 41 Holywell Lodge, St, Albans, is rent free, the equivalent of £3000. The time spent by Des Scott working as CEO is a gift in kind through the partnership with Church Army the equivalent of £8000.

Judgement and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances,

Critical accounting estimates and assumptions:

The charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results,

3 Income from charitable activities

London Luton Airport grants
Waterways Chaplaincy grants
Other general grants·
2020		 41062
156224
186276
164865
11,572
153293
164865
Unrestricted
funds
Restricted
Total
Total
General
funds
2022
2020
£
£
£
£
59670
59670
59566
96554
96554
93727
30053
30053
11 572		 Total
Total
2022
2020
£
£
59670
59566
96554
93727
30053
11 572

21

Ecumenical Partnership Initiatives

Notes to the Financial Statements for the Period Ended 31 March 2022

4 Investment income

Unrestricted funds

Total
Total
Interest receivable and similar income;
Interest receivable on bank deposits
2020
5 Other income
Unrestricted funds

Gift in kind - CEO salary and rent
2020
6Expenditure on charitable activities
Unrestricted
funds
General
£
London Luton Airport
Waterways Chaplaincy
General
20810
20810
2020
22679		 Total
Total
Interest receivable and similar income;
Interest receivable on bank deposits
2020
5 Other income
Unrestricted funds

Gift in kind - CEO salary and rent
2020
6Expenditure on charitable activities
Unrestricted
funds
General
£
London Luton Airport
Waterways Chaplaincy
General
20810
20810
2020
22679		 Total
Total
Interest receivable and similar income;
Interest receivable on bank deposits
2020
5 Other income
Unrestricted funds

Gift in kind - CEO salary and rent
2020
6Expenditure on charitable activities
Unrestricted
funds
General
£
London Luton Airport
Waterways Chaplaincy
General
20810
20810
2020
22679		 General
2022
2020
£
£
£
9
9
179
179
179
Total
Total
General
2022
2020
£
£
£
11000
11000
16500
16500
16500
Restricted
Total
Total
funds
£
2022
£
2020
£
55238
55238
42585
97827
97827
80727
20810
22679
153066
173876
145991
123312
145991
20810
22679

22

Ecumenical Partnership Initiatives

Notes to the Financial Statements for the Period Ended 31 March 22

7 Net income/expenditure

Net income/(expenditure) for the year include:

Depreciation of fixed assets
Independent examiner's fees		 2022
2020
£
£
512 256
500
1,200

8 Staff costs, Trustee's remuneration and expenses

Analysis of staff costs:

Salaries
National insurance
Pension		 2022
2020
£
£
130030
104562
5078
2831
3173
3486
138284
110879

No employee received remuneration amounting to more than £60,000 in either period.

The average number of persons employed by the charitable company during the period was 5 (2020: 5).

During the year the key management personnel received pay of £8000 representing benefit in kind (2020: £10,000). The key management personnel is deemed to be the CEO.

No trustees, nor any persons connected with them, have received any remuneration from the charity during the period. (2020: £Nil)

No trustees have received any reimbursed expenses or any other benefits from the charity during the period. (2020: £Nil)

9 Taxation

The company is considered to pass the tests set out in Sch. 6, para. 1 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Pt. 11, Ch. 3 of the Corporation Tax Act 2010 or s. 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

23

Ecumenical Partnership Initiatives

Notes to the Financial Statements for the Period Ended 31 March 22

10 Tangible fixed assets

Cost
At1January2021
At31March 2022
Depreciation
At1January2021
Charge for the year
At31March 2022
Net book value
At31March 2022
At31December2020
11 Debtors
Prepayments
Trade Debtors
Other debtors
12 Creditors: amounts falling due within one year
Deferred Income
Accruals
Deferred income:
Deferred income at1January2021
Resources deferred during the period
Amount released from previous periods
Deferred income at31March 2022		 Furniture and
equipment
£
5749		 Furniture and
equipment
£
5749		 Furniture and
equipment
£
5749
5,749

4775
512
5287
462
974
2022
£
16
3050
187
3253
2022
£
28000
1801
29801
2022
£
22750
28000
(22750)
28000

24

Ecumenical Partnership Initiatives

Notes to the Financial Statements for the Period Ended 31 March 22

13. Funds
Unrestricted funds
General
Total
Restricted funds
Total funds		 Balance at
Income
Expenditure
Transfers
Balance at
1 Jan 2021
31 Mar 22
£
£
£
£
£
38597
41062
(20810)
2400
61249
38597
41062
(20810)
2400
61249
110035
156224
(153066)
(2400)
110793
148632
197286
(173876)172042
Unrestricted funds
Donations from charitable
activities
Interest receivable from
investments
Benefit In Kind; CEO salary and
Office rent		 Balance
Balance
at
at
1 January
2020
Incoming
resources
Resources
expended
Transfers
31 Mar
2022
£
£
£
£
£
37809
30053
(9810)
2400
60452
788
9
799
11,.000
(11000)
38579
41062
(20810)
2400
61249
Restricted funds
London Luton Airport
Waterways Chaplaincy
Rural Chaplaincy
Total funds		 Balance
at
1 January
Incoming
Resources Transfers
Balance at
2020 resources
expended
31 Mar 22
£
43164
£
59670
£
(55238)
£
£
47578
64489
96554
(97827)
63215
2,400
(2400)
110035
156224
(153066)
(2400)
110793
148632
197285
(173876)
172042

Restricted and unrestricted funds are for the running and development of the chaplaincy. Transfers were made from Rural Chaplaincy to unrestricted.

25

Ecumenical Partnership Initiatives

Notes to the Financial Statements for the Period Ended 31 March 2022

14. Analysis of net assets between funds

. Analysis of net assets between funds
Tangible Fixed Assets
Current Assets
Current Liabilities
Total Net Assets
2020
Tangible Fixed Assets
Current Assets
Current Liabilities
Total Net Assets		 Unrestricted
Restricted Total Funds
Funds
Funds at 31 March 2022
462
-
462
90588
110793
201381
(29801) (29801)
61249 110793 172042
974
-
974
66560 110035 176595
(28937)
-
(28937)
38597
110035 148632





15. Related party transactions

There are no related party transactions during the period other than the £8,000 gift in kind for Des Scott's time as mentioned in the accounting policies note (2020: £10,000).

26