SOUTHFIELD CHURCH
FINANCIAL STATEMENTS PERIOD FROM 1 MAY 2020 TO 30 APRIL 2021
Company Registration Number 07214725
Charity Number 1136274
SOUTHFIELD CHURCH
FINANCIAL STATEMENTS
PERIOD FROM 1 MAY 2020 TO 30 APRIL 2021
| CONTENTS | PAGE |
|---|---|
| Trustees report | 1 to 4 |
| Independent Examiners report to the Trustees | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the financial statements | 8 to 11 |
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SOUTHFIELD CHURCH
TRUSTEES REPORT
PERIOD FROM 1 MAY 2020 TO 30 APRIL 2021
1. Reference & Administration Details
The Trustees (who are directors for the purpose of company law) who served during the year and since the year-end were as follows:
P A Carr R A Clatworthy (Chairman) K T Leong (Secretary) T GL Jones MBE (Treasurer) N A Russell
The Trustees meet to administer the accounts and work of the church.
Principal Address
85a Southfield Road Nailsea North Somerset BS48 1SB
Bankers
HSBC Bank 6-8 Colliers Walk Nailsea North Somerset BS48 1RL
2. Structure, Governance and Management
Southfield Church, a company limited by guarantee and incorporated on 7[th] April 2010, (company registration number 7214725), and formerly known as Southfield Church was given charitable status on 9[th] June 2010 (charity registration number 1136274). The church has been in existence on this site since May 1960.
The day to day running of the church is under the leadership of Kin Leong and Philip Carr, assisted by their wives, Sarah Leong and Hazel Carr. Many other members of the church have roles both of a spiritual and practical nature. Currently no one in the church receives any remuneration.
The trustees are willing to consider nominations for new trustees given regard to any previous involvement they may have had with the church and any particular skills that can be used for the benefit of the trust.
3. Objects and Activities
A national lockdown was imposed on 23[rd] March 2020 due to the Covid-19 pandemic. Consequently, within the period 1[st] May 2020 – 30[th] April 2021, there have been times when it has not been possible for any of the activities to meet in person.
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SOUTHFIELD CHURCH
TRUSTEES REPORT
PERIOD FROM 1 MAY 2020 TO 30 APRIL 2021
The aims of the church are to encourage the commitment of people's lives to the Lord Jesus Christ and the spiritual development in individuals of all ages. The advancement of the Christian faith in the tradition of and in accordance with the basis of faith (Evangelical Alliance).
The trustees have paid due regard to the Charity Commissions guidance on Public Benefit and also the draft guidance on "Public Benefit and the Advancement of Religion" published in February 2008 in assessing which activities it undertakes.
The Sunday morning Service has been streamed online throughout this period. When possible, this has been broadcast from the church building with or without a socially distanced congregation as appropriate as public health guidelines have changed throughout the year. Speakers have either attended in person or provided a video message, depending on their personal circumstances and restrictions at the time.
The Ladies Prayer Group has met alternate weeks using Zoom, and recently has returned to meeting in the church building. They meet to pray for the work of the fellowship and missionaries that we support, as well as praying for the needs of the world in general.
After a short period of not meeting, the Tuesday evening time of Prayer, Praise and Fellowship now takes place on alternate weeks, currently on Zoom.
The "Mother & Toddler" group and Women’s Meeting that used to meet on Wednesdays have not met during this period.
Home Care groups also take place on Wednesday/ Thursdays each week via Zoom. These are times of prayer, praise, fellowship and Bible study. All Church members are allocated to a group with a leader. Not everyone attends, but each group is responsible for keeping in touch with everyone in the group, with the aim of encouraging one another in fellowship and meeting, where possible, the needs of each person.
Southfield Men’s Group - a group that meets to encourage social times together with an opportunity to invite friends and neighbours who do not attend the church, have not met during this period. The Pic ‘n’ Mix group no longer meets.
Nailsea Foodbank - a Trussell Trust foodbank has continued to run from the church building and has made use of the spaces in the building that have otherwise been unused to upscale its operation. It now supports significantly more people in need, and has been able to make deliveries for people who cannot attend in person with the provision of delivery drivers by Nailsea Community Group. Nailsea Foodbank is held each Friday but urgent deliveries are supplied when necessary at other times.
The church building has not been let to any external groups during this period.
As a church we have pledged to give away approximately 25% of our income from offerings. We send monthly gifts on a regular basis to Albania, Thailand, Uganda and also to “Open Doors” and support with annual gifts to people serving the Lord in other countries. We also support Tearfund and other similar charities working in deprived areas of the world. On top of this we also support people working in this country as well as helping the needy in our own area. Gifts of Harvest produce were given to Nailsea Foodbank.
The church is affiliated to the Muller Partnership, and we are members "Christians Together in Nailsea and District".
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SOUTHFIELD CHURCH
TRUSTEES REPORT
PERIOD FROM 1 MAY 2020 TO 30 APRIL 2021
4. Achievements and Performance
Following the rapid transition to online services, and lessons learned in the early weeks, there followed a period of nearly 4 months where services were broadcast online. When restrictions allowed services returned to the church building with a socially distanced congregation who needed to observe other precautions. The services continued to be streamed for those who could not attend, which has resulted in the services being available to view on YouTube.
We have continued all of our financial support to speakers, those serving the Lord in England and other countries.
5. Financial Review
The accounts for the period ended 30[th] April 2021 are included on pages 6 to 11 of this report and show a balance of £20,414 in the bank.
The trustees consider that free unrestricted reserves should be maintained at a sufficient level to meet the immediate ongoing running costs of Southfield Church and to meet any unforeseen needs in the world around us, or with the people we currently support.
6. Plans for the future
Following the closures due to the pandemic, a number of the weekday activities will not resume, as those leading have felt it was time to step down. We therefore face the new year with something of a blank canvas and wish to start a community café to run at the same time as Nailsea Foodbank. This would seek to provide a friendly, welcoming space with good quality refreshments where church members listen to and chat with neighbours. The intention is that some ordinary conversations may eventually lead to closer relationships and faith conversations. It would also provide a space for Foodbank clients to link up with other agencies that will be able to provide further appropriate support.. It will probably run on a donation basis. The hope is to add an additional day for parents with young children in the future.
We continue to be heavily involved in supporting a school’s worker for Nailsea School.
Responsibilities of the Trustees
The Trustees (who are also directors for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgments and estimates that are reasonable and prudent;
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SOUTHFIELD CHURCH
TRUSTEES REPORT
PERIOD FROM 1 MAY 2020 TO 30 APRIL 2021
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to 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.
Small Company Provisions
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
Approved by the Trustees on: 31/05/21
R A Clatworthy Chairman
Dated: 31/05/21
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SOUTHFIELD CHURCH
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
PERIOD FROM 1 MAY 2020 TO 30 APRIL 2021
I report on the accounts of the company for the period ended 30 April 2021, which are set out on pages 6 to 11.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under section 43 of the 1993 Act;
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to follow the procedures laid down in the General Directions given by the Charity Commission under section 43(7)(b) of the 1993 Act, and
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to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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which gives me reasonable cause to believe that, in any material respect, the requirements:
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(a) to keep accounting records in accordance with section 386 of the Companies Act 2006, and
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(b) to prepare accounts which accord with the accounting records, comply with the accounting requirements of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities (revised 2005) have not been met, or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Dated 04/05/21
- 1 The Walled Garden, Dark Lane, Chew Magna BS40 8QD
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SOUTHFIELD CHURCH
STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)
PERIOD FROM 1 MAY 2020 TO 30 APRIL 2021
| Notes Incoming resources Voluntary Income 2 Incoming resources from charitable activities 3 & 11 Total incoming resources Resources expended Charitable activities 4 & 5 Governance costs 6 Net income/(expenditure) Net movement in funds Total Funds at 30 April 2020 Total Funds at 30 April 2021 11 |
Unrestricted Funds £ 40838 320 41158 47014 - 47014 -5856 -5856 25965 20109 |
Restricted Funds £ 150 - 150 0 - 0 150 150 155 305 |
Total Funds £ 40988 320 |
|---|---|---|---|
| 41308 | |||
| 47014 - |
|||
| 47014 | |||
| -5706 | |||
| -5706 | |||
| 26120 | |||
| 20414 |
All of the activities of the charity are classed as continuing
The notes on pages 8 to 11 form part of these financial statements
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SOUTHFIELD CHURCH
BALANCE SHEET
AT 30 APRIL 2021
| Current assets Note Debtors 9 Cash at bank and in hand Creditors: Amount falling due within one year 10 Net assets Funds Restricted funds Unrestricted funds |
2021 £ 0 20414 |
|---|---|
| 20414 | |
| 0 | |
| 0 | |
| 305 20109 |
|
| 20414 |
For the period ending 30 April 2021, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors’ responsibilities:
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The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476,
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the trustees on 31/05/21 and are signed on their behalf by:
Bob Clatworthy Trustee
Kin Leong Truste
The notes on pages 8 to 11 form part of these financial statements
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SOUTHFIELD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 1 MAY 2020 TO 30 APRIL 2021
1 Accounting policies
- a) The financial statements have been prepared under the historical cost convention, and in accordance with the Companies Act 2006, applicable accounting standards and the Statement of Recommended Practice, Accounting and Reporting by Charities issued in March 2005.
The charity has taken advantage of the provisions in the Charities SORP for small charities to not show incoming resources and resources expended analysis by activity categories.
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b) Income from donations is included incoming resources when these are receivable, except as follows:
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i) When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods.
ii) When donors impose conditions, which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-condition have been met.
Income from Gift Aid Tax refunds is recognised at the time the donation is received by the charity.
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c) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.
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d) Most expenditure is directly attributable to charitable activities. Support costs have been allocated 100% towards the charitable activities of the charity. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examination fees and costs linked to the strategic management of the charity.
Grants payable are charged to the Statement of Financial Activities in the accounting period in which communication of the award is communicated to the recipient.
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e) New fixed assets costing more than £2,500 are capitalised at cost and depreciated over their useful life. The charity does not currently hold fixed assets.
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f) Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees.
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g) Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
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SOUTHFIELD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 1 MAY 2020 TO 30 APRIL 2021
| 2. Voluntary Income General gifts and offerings 3. Incoming resources Use of church Other Transfer from Restricted funds 4. Charitable activities Worship and Teaching Outreach Church operation Church gifts 5. Analysis of Church Giving CCSM Steve Loader Edwin Buwule Eunice Burdon Ian and Carolee Loring Open Doors Schools Connect TearFund Individuals less than £1000 Organisations less than £1000 |
Unrestricted Funds 40838.40 40838.40 Unrestricted Funds 0.00 319.50 319.50 Unrestricted Funds 3800.00 0.00 17245.70 25968.50 47014.20 |
Restricted Funds 150.00 150.00 Restricted Funds - - - Restricted Funds - - - - 0.00 £ 2160.00 2555.00 3637.50 2430.00 2430.00 3160.00 1550.00 150.00 3950.00 3308.50 25331.00 |
Total Funds 2021 40988.40 40988.40 Total Funds 2021 0.00 319.50 0.00 319.50 Total Funds 2021 3800.00 0.00 17245.70 25968.50 47014.20 |
|---|---|---|---|
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SOUTHFIELD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 1 MAY 2020 TO 30 APRIL 2021
| 6. Governance costs | 2021 |
|---|---|
| £ | |
| Payment of Trustees' expenses | - |
| Remuneration of Trustees | - |
| Independent Examiner's fees | - |
| 7. Staff costs and numbers | |
| During the year there were no employees |
8. Taxation
The charity is exempt from corporation tax on its charitable activities
| 9. Debtors Debtors Gift aid debtor Total debtors 10. Creditors: amounts falling due within one year Creditors Total Creditors |
2020 £ 0 0 0 2020 £ 0 0 |
2021 £ 0 0 |
|---|---|---|
| 0 | ||
| 2021 £ 0 |
||
| 0 |
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SOUTHFIELD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 1 MAY 2020 TO 30 APRIL 2021
| 11. Total Funds Restricted funds Foodbank Bible Class Mums and Toddlers Total incoming resources Unrestricted funds General Funds Total Funds Purpose of Restricted Funds: |
at 1st May 2020 £ 0 19 136 155 25525 25680 |
Incoming resources £ 150 0 0 0 0 |
Outgoing resources £ 0 0 0 0 0 |
at 30th April 2021 £ 150 19 136 |
|---|---|---|---|---|
| 305 | ||||
| 20109 | ||||
| 20414 | ||||
Bible Class - Teaching materials and prizes
Mums and Toddlers - Craft Activities and Refreshments
12. Analysis of net assets between funds
| Restricted funds Foodbank Bible Class Mums and Toddlers Restricted Funds Unrestricted funds Total Funds |
Total 150 19 136 |
|---|---|
| 305 | |
| 20109 | |
| 20414 |
13. Company Limited by Guarantee
The Company is limited by guarantee and as such has no issued share capital. In the event of the company being wound up, the liability of the members is limited to £1 each
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