2021-03-31-accounts - Queensway Chapel (Melksham)

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QUEENSWAY CHAPEL (MELKSHAM) (A Charitable Company Limited by Guarantee)

REPORT & ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

Contents	Page
Company Information	3
Directors' Report	4-8
Independent Examiner's Report	9
Statement of Financial Activities	10
Balance Sheet	11
Notes to the Accounts	12 - 20
Detailed Statement of Financial Activities with Comparatives	21

	QUEENSWAY CHAPEL (MELKSHAM)
	FOR THE YEAR ENDED 31 MARCH 2021
	COMPANY INFORMATION
Registered Office	Queensway Chapel
	Pembroke Road
	Melksham
	Wiltshire SN12 7NB
Governing Document	Memorandum & Articles of Association
	dated 3 September 2010
Company Registration Number	7378596
Charity Registration Number	1138752
Directors	Stuart Arnold
	Timothy Cracknell
	Robin Oakes
	Naomi Owen
	Jack Woodward
	John Gymer
	Martin Erwin
	Paramasen Naidoo
Company Secretary	Paramasen Naidoo
Key Staff	David Auger
	Sally Oliver
	Rachel Erwin
Bankers	CAF Bank Ltd
	25 Kings Hill Avenue
	Kings Hill
	West Malling
	Kent ME19 4JQ
Independent Examiner	Lisa Darby ACA
	Stewardship
	1 Lamb's Passage
	London
	EC1Y 8AB
Solicitors	Goughs Solicitors
	The Strand
	Calne
	Wiltshire SN11 0JU

QUEENSWAY CHAPEL (MELKSHAM) REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 31 MARCH 2021

The Directors have pleasure in submitting the Report and Accounts for the year.

Reference and Administrative Details

The Directors

Robin Oakes (Chair) South Hill Church, Hemel Hempstead Stuart Arnold (Secretary) Queensway Chapel Tim Cracknell Forest of Dean Community Church, Cinderford John Gymer Queensway Chapel Naomi Owen Core Church, Melksham Jack Woodward St Georges C of E, Semington, Melksham Martin Erwin Queensway Chapel Masen Naidoo Queensway Chapel

Spiritual leadership

Kathryn Rodda Martin Erwin Rachel Erwin Jan Lloyd Rob Lloyd Masen Naidoo David Auger

Structure, Governance and Management

Constitution: Queensway Chapel (Melksham) is a charitable company limited by guarantee. The memorandum and articles of association came into force on 3[rd] September 2010.
Directors: The policy and operating decisions of the charity rest with the directors who meet regularly to monitor the activities of the company.
Recruitment aims to maintain a mixture of those who worship at Queensway Chapel and those from other churches. This mixture brings a measure of accountability and insights gained from experience in other churches. The directors can invite others to become directors to replace or to extend the number especially if knowledge and skills can enhance the ability of the group to manage more effectively.

One meeting annually will have the sole purpose of reviewing our policies and procedures.

Advice from the Charity Commission and other support agencies (especially regarding legal and financial issues) is shared amongst the group.
Spiritual Leadership: The day to day running of activities is delegated to the spiritual leadership (also known as the leadership team). The ethos and overall planning of activities rest with this group.
Risk management: The directors and spiritual leadership are mindful of the importance of risk management: our policy is to identify and manage the possible and probable risks that the church may face in the short and medium term as an integral part of governance to help ensure that:
Significant risks are known and monitored, enabling the trustees to make informed decisions and to take timely action;
The church makes the most of opportunities and develops them with a confidence that any risks will be properly managed;
The church’s aims are more successfully achieved;
Forward and strategic planning is improved.
Treasurer: The treasurer is responsible for the day to day handling of finance and reports to the directors and leadership team.

Salary Team: The salary team (one director and two members of the congregation with business experience) reviews all salaries annually.

Stewardship Team: The stewards, are responsible for the upkeep of the building; preparing for its use; general smooth running.

Activity Teams: Other teams plan and implement a wide range of activities.

Safeguarding Team: We use the Churches’ Child Protection Advisory Service (CCPAS) for processing DBS applications, training and advice.
Communication within the church: The weekly information sheet and monthly magazine are the two main hard copy means of communication. There is a church group on Facebook.
Wider communication: The website continues to be an effective point on contact. People moving to Melksham and visitors to the area have been attracted to the church as a result. It has also proved to be valuable in sharing information within the church and with guest speakers. The church has implemented the iKNOW Church software to securely hold member data as well as a means of secure communication to its members and volunteers.

Activities undertaken to fulfil the objects of the Church

In planning activities, the Directors and Spiritual Leadership have had regard to the guidance on public benefit issued by the Charity Commission.

Object 1: The Christian faith

To advance the Christian faith in accordance with the Statement of Beliefs in such ways and in such parts of the United Kingdom or the world as the Directors from time to time may think fit.
During the pandemic it has not been possible to hold services in the Chapel. In place of this, services have been recorded and broadcast as Queensway Connect, via Facebook and Youtube. Zoom has enabled some of our Life Groups to continue virtually, and many have followed Martin’s ‘thought for the day’. As restrictions have eased, some Life Groups have met in person: this was particularly made available for those who are struggling with isolation.
Friday Fellowship has undergone a significant review with a mandate to become more outwardlooking
Weekly open sessions for the whole Church were hosted on Wednesday evenings, using Discipleship Explored and ‘in-house’ teaching material.
The Alpha Course has been successfully run via Zoom and participants have been able to meet in person as regulations permitted.
It has not been possible to continue with services in local care homes.
Where possible, day to day pastoral support has continued to be given through the small groups. During the initial lockdown, all Church members were regularly phoned to encourage and to assess need. One to one support is given as needed by those with good pastoral experience.
Regular newsletters have been produced to encourage and keep the Church informed, distributed via email and postal service where required.
Monthly Shine services for adults with learning disabilities were paused but are due to be resumed when possible. Up to 20 adults were attending from several care homes in and around Melksham.
Sunday evening youth meetings transferred to Zoom, led by John and Sharon Firth from Good News Church. Rachel Erwin will resume her involvement once the group is meeting in person. The aim is to create a supportive peer group with Christian foundation.
The church continues to support an evangelist who works with people in England and in his home country of India.

Object 2: Care in the community

To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world as the Directors from time to time may think fit.
Playgroup sessions continued when regulations permitted. These were adapted to three, one hour sessions, bookable on Mondays and Wednesdays. Meeting in smaller groups has enable deeper relationships to develop. Most children are from families with little involvement with the church.
During the pandemic the Church liaised with the Local Authority care hub to assist in delivering prescriptions, food parcels, transport to hospital etc.
The Chapel has strong involvement with the Nursery which has a high proportion of socially needy families.
It has not been possible to continue the weekly lunch club, Open House. During the first lockdown, 60 meals were freshly cooked and distributed twice a week, free of charge.
We have continued our involvement with local churches on projects such as a debt advice, Food Bank, and Messy Church.
Neighbourhood Chaplaincy has not functioned well and is due to be reviewed.
The photographic club has been discontinued.
A new weekly Wellbeing Group has been started, run by and for people with mental health issues.
A weekly friendship café is being proposed for adults with special needs, working in conjunction with Shine.

Object 3: Education

 To advance education in such ways and in such parts of the United Kingdom or the world as the Directors from time to time may think fit.

Two members of the church are on the committee of an adult literacy scheme, Read Easy. Their planning meetings are held at the Chapel.
We give financial support through Wycliffe Bible Translators to a member of the church who manages language research projects with previously unwritten languages in Tanzania.
Queensway Chapel Nursery is a separate charity. Membership is open to people attending any Christian church but, currently, most are members of Queensway Chapel.

Significant Actions

Due to the outbreak of the Coronavirus (COVID 19) and the subsequent lockdown by the government on large gatherings the church suspended Sunday meetings and closed the Family Centre from 16 March 2020. Meetings in the Chapel resumed April 2021.
The spiritual leadership continued to meet via video conferencing to discuss church related issues and ensure ongoing support to vulnerable members and people in the local community.
The Church Hall has been assessed for refurbishment: a modest upgrade has been agreed.

Staff

The church has 3 employees on its payroll. David Auger is due to retire at the end of August 2021, a year earlier than expected.

Spiritual Leadership

Occasional leaders away days have been held to support development of vision

Outreach Programs

Employment of a Family Worker and Community Pastor has increased visibility of the Church through the various programs:
An Alpha course was run during the year via Zoom.

Financial Review

Incoming resources (Note 3 to the accounts)

The main source of income is from voluntary giving. Due to lockdown restrictions, Sunday meetings were suspended which resulted in a decrease in cash giving, resulting in a 14% decline in cash donations. As the church services and activities were suspended, the 3 permanent staff were placed on a combination of furlough and reduced working hours. Furlough grants amounted to £10271 for the year. Income from tax recoverable under Gift Aid dropped by 15% as cash donations decreased.

Income from facilities managed by the church as well as community activities were also significantly reduced during the financial year.

Expenditure (Note 7b to the accounts)

All major repairs and maintenance planned for the year were suspended due to lockdown restrictions.

Under-utilisation of the facilities resulted in reduced utility and maintenance expenses.

Employment and training costs:

All employed staff were kept on payroll over the various lockdown periods. Where appropriate staff worked on reduced hours or were furloughed in accordance with the furlough scheme to recover costs. The church topped up salaries in both instances.

The contribution of volunteers to implementation of the objectives.

Most activities are delivered by volunteers with the majority of the church involved in some way although the time given by different individuals varies considerably.

Reserves and Budget Financial Year ending 31 March 2021

Our reserves policy has been recently reviewed and requires retention of sufficient reserves for salaries and utilities:

To ensure that the church has sufficient funds to meet its financial commitments for at least three months;
To demonstrate that the church is sustainable into the future;
To ensure that the church is able to manage future unforeseen financial difficulties;
To ensure that excessive funds are not held without any identifiable reason or for any identifiable purpose.
Three months’ worth of designated expenditure (excluding depreciation) represents £14 341 and actual unrestricted cash balances at the year-end were £64 598.

Although many members offerings are done through BACS payments, we expect that Sunday morning attendance may not get back to normal levels in the short term which will impact on cash offerings.

With the trustees approval, a modest refurbishment of Queensway Hall has been approved to allow for safer use of the hall and to improve the cosmetic appearance of the hall for increased community activities.

Directors’ Responsibilities

Charity law requires us as Directors to prepare financial statements for each accounting year which give a true and fair view of the state of the charity and of its income and expenditure for the year.

We are required to:

Select suitable accounting policies and apply them consistently.
Make judgements and estimates that are reasonable and prudent.
State whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts.
Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business.

The Directors of the Company who held office at the date of approval of this report confirm that, so far as they are each aware, there is no relevant information of which the Independent Examiner is unaware and each Director has taken all the steps that he ought to have taken as a director to make himself aware of any relevant information and to establish that the Independent Examiner is aware of that information.

No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 249(2) of the Companies Act 2006.

Small Companies Provision

This report has been prepared in accordance with the special provisions of part (vii) of the Companies Act 2006 relating to small companies.

Approval

This report was approved by the directors on 8 October 2021 and signed on their behalf by:

Paramasen Naidoo

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

QUEENSWAY CHAPEL (MELKSHAM) ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021 on pages 10 to 21 following, which have been prepared on the basis of the accounting policies set out on pages 12 to 13.

Responsibilities and basis of report

As the charity’s 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 charity’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:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
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
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.

Lisa Darby ACA

12 October 2021

For and on behalf of: Stewardship 1 Lamb's Passage London EC1Y 8AB

QUEENSWAY CHAPEL (MELKSHAM)

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2021

Note INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Charitable activities 4 Investments 5 Other income 6 Total income and endowments EXPENDITURE ON: Charitable activities: 7 Grants Payable 8 Total expenditure Net gains/(losses) on investments Net income/(expenditure) Transfers between funds 16 Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 16	Unrestricted Funds £ 84,832 1,359 21 644 86,855 79,401 12,779 92,180 - (5,325) - (5,325) (5,325) 493,923 488,598	Restricted Funds £ - - - - - - - - - - - - 3 3	Total Funds 2021 £ 84,832 1,359 21 644 86,855 79,401 12,779 92,180 - (5,325) - (5,325) (5,325) 493,926 488,601	Total Funds 2020 £ 90,722 13,282 69 4,107
				108,179
				101,962 14,247
				116,208
				-
				(8,029) -
				(8,029)
				(8,029) 501,955
				493,926

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

Small rounding differences may appear in these accounts

The notes on page 12 - 21 form part of these accounts.

QUEENSWAY CHAPEL (MELKSHAM)

BALANCE SHEET

FOR THE YEAR ENDED 31 MARCH 2021

Note FIXED ASSETS Tangible assets 11 CURRENT ASSETS Debtors 12 Cash at bank and in hand 13 CREDITORS: Amounts falling due within one year 14 Net current assets / (liabilities) Total assets less current liabilities TOTAL NET ASSETS FUND BALANCES 16 Unrestricted Funds General funds Designated funds Restricted Funds	Unrestricted Restricted Funds Funds £ £ 423,723 - 423,723 0 - 1,497 - 64,598 3 66,095 3 1,220 - 64,875 3 488,598 3 488,598 3 51,932 - 436,666 - 488,598 - - 3 488,598 3	Total Total Funds Funds 2021 2020 £ £ 423,723 431,314 423,723 0 431,314 1,497 200 64,601 63,792 66,098 63,992 1,220 1,380 64,878 62,612 488,601 493,926 488,601 493,926 51,932 49,327 436,666 444,596 488,598 493,923 3 3 488,601 493,926	Total Funds 2020 £ 431,314
			200 63,792
			63,992 1,380
			62,612

			493,926
			493,926
			49,327 444,596
			493,923 3
			493,926

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2021

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2021 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities for:

(a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its net income or expenditure for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 8 October 2021 and were signed on its behalf by:

Paramasen Naidoo

The notes on page 12 - 21 form part of these accounts.

Charity number: 1138752

Company number: 7378596

QUEENSWAY CHAPEL (MELKSHAM)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

1 Statutory Information

The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention [as modified by the revaluation of certain assets, which are measured at fair value through the Statement of Financial Activities].In making this assessment the trustees have considered the impact of Covid-19 and have concluded that its impact on net income will not be material/the reserves are adequate to cover any temporary impact on income.

These financial statements have been prepared 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) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. In making this assessment the trustees have considered the continuing impact of the Covid-19 pandemic and have concluded that the reserves are adequate to cover any impact on income. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations and legacies includes:

i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.
ii) The charity relies on volunteers to carry out many of its activities, particularly Open House and Sundays. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.
iii) Legacies. Income from legacies is recognised when a distribution is received from the estate or, if earlier, when the charity has been notified that a distribution will be made and the amount receivable can be measured reliably.

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from church events and courses.

Investment income represents income generated by the charity's assets and includes income from bank interest.

The charity has taken the view that it has only one charitable activity, namely the advancement of the Christian faith, and all income from donations, legacies and charitable activities is in respect of this one activity.

QUEENSWAY CHAPEL (MELKSHAM)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

d) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. Endowment funds are donations that are retained as capital in accordance with the donor's wishes. The nature of the restriction determines whether the endowments represent permanent endowments or expendable endowments.

e) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £500 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Over 50 years after taking account of the building's residual value Equipment Over 3 to 10 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

g) Taxation

The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

h) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

i) Critical accounting estimates and areas of judgement

ln preparing financial statements certain judgements, estimates and assumptions have to be made that affect the amounts recognised in the financial statements. The trustees consider the following to be significant:

The annual depreciation charge for property, plant and equipment is sensitive to changes in the estimates for useful economic life and residual value. These estimates are reassessed annually and, when necessary, adjusted to reflect current circumstances.

QUEENSWAY CHAPEL (MELKSHAM)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

3 Donations and legacies

Donations Special offerings (including Gift Aid) Job Retention Scheme grants Income tax recoverable	Unrestricted Funds £ 63,023 - 10,271 11,537 84,832	Restricted Funds £ - - - - -	Total 2021 £ 63,023 - 10,271 11,537 84,832	Total 2020 £ 73,442 3,681 - 13,599
				90,722

4 Income from charitable activities

Family Centre Youth Work Shine Open House Social & Outreach Ladies Breakfast 5 Investment income Bank interest 6 Other income Use of Facilities Other 7 Charitable expenditure a Costs incurred directly on specific activities Family Centre Youth Work Shine Open House Pastoral Care Social & Outreach Ladies Breakfast Church Services	Unrestricted Restricted Funds Funds £ £ 206 # - - - - - 1,153 - - - - - 1,359 - Unrestricted Restricted Funds Funds £ £ 21 - 21 - Unrestricted Restricted Funds Funds £ £ - - 644 - 644 - Unrestricted Restricted Funds Funds £ £ 680 - - - 148 - 1,328 - 803 - 1,939 - - - 697 - 5,596 -	Total 2021 £ 206 - - 1,153 - - 1,359 Total 2021 £ 21 21 Total 2021 £ - 644 644 Total 2021 £ 680 - 148 1,328 803 1,939 - 697 5,596	Total 2020 £ 2,295 10 2,692 6,560 1,018 707
			13,282
			Total 2020 £ 69
			69
			Total 2019 £ 3,426 681
			4,107
			Total 2020 £ 3,518 24 2,653 4,822 1,472 547 948
			13,984

QUEENSWAY CHAPEL (MELKSHAM)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

b Costs incurred on support & administration Governance costs Cost of independent examination 1,200 Profesional Fees -CCPAS 129 1,329 Employment Cost (Note 9) 48,301 Training & Conferences - Light, heat,water and waste 4,250 License,Membership etc 2,720 Repairs,improvements and cleaning 3,707 Bank charges 69 Depreciation of tangible fixed assets 8,530 Insurance 2,295 Telephone & Office Costs 2,387 Books etc 218 Catering 2 Other Costs - 73,805 Total expenditure on charitable activities 79,401 8 Grants payable Grants for UK and overseas mission The comparatives for the previous year are as follows: Grants for UK and overseas mission The charity's principal grants to institutions comprised: Wycliffe Stewardship (for support of missionary working with Youth With A Mission) Grants to institutions for less than £1,000 each	- - - - - - - - - - - - - - - - - Institutions £ 9,659 9,659 Institutions £ 10,505 10,505	1,200 129 1,329 48,301 - 4,250 2,720 3,707 69 8,530 2,295 2,387 218 2 -	1,206 157
			1,363 47,298 445 6,244 2,992 13,895 60 8,396 2,273 3,307 898 741 65
		73,805	87,978
		79,401 Individuals £ 3,120 3,120 Individuals £ 3,742 3,742 2021 £ 7,021 2,638 - 9,659	101,962
			2021 £ 12,779
			12,779
			2020 £ 14,247
			14,247
			2020 £ 6,744 2,672 1,089
			10,505

QUEENSWAY CHAPEL (MELKSHAM)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

9 Analysis of staff costs, the cost of key management personnel and trustee remuneration and expenses

Gross wages and salaries Employers NIC Employer Pension Costs	2021 £ 47,438 - 863 48,301	2020 £ 46,416 43 839
		47,298

The average monthly number of employees during the year was 2.3 (2020.2.3). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the trustees and the key staff named on the Company Information page. Total employment benefits payable to key management for the year were as follows:

Other Employer Wages & employment pension salaries benefits contributions Key management connected to trustees: Rachel Erwin (wife of a trustee) 17,754 344 Other members of key management 29,683 518	2021 £ 18,099 30,201
	48,301

The following amounts were charged in the previous year:

following amounts were charged in the previous year:
Other Employer Wages & employment pension salaries benefits contributions Key management connected to trustees: Rachel Erwin (wife of a trustee) 17,304 335 Other members of key management 29,160 504	2020 £ 17,639 29,665
	47,304

Rachel Erwin served as church leader and received the above payments for serving in that capacity; these payments are permitted by the charity's governing document.

10 Acting as agent

On occasion the charity receives money on behalf of other charities or individuals, which it banks and then pays out to these charities or individuals. This income is received as agent for these other charities and individuals and the income, and the related payments, are excluded from the Statement of Financial Activities; any money that has not been distributed by the year end is recognised as a creditor.

QUEENSWAY CHAPEL (MELKSHAM)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

11 Tangible fixed assets

Cost or valuation At 1 April 2020 Additions At 31 March 2021 Accumulated depreciation At 1 April 2020 Charge for the year At 31 March 2021 Net book value At 31 March 2021 At 31 March 2020	Equipment £ 33,384 939 34,323 23,070 2,530 25,600 8,723 10,314	Freehold Land £ 280,000 - 280,000 - - - 280,000 280,000	Freehold Buildings Church £ 150,000 - 150,000 42,000 3,000 45,000 105,000 108,000	Freehold Queensway Hall £ 75,000 - 75,000 42,000 3,000 45,000 30,000 33,000	Total 2021 £ 538,384 939
					539,323
					107,070 8,530
					115,600
					423,723
					431,314

Freehold land and buildings have been brought in to the accounts at directors' valuation in 2011, based on original building or purchase costs. Depreciation is charged to the Property Fund.

12 Debtors

Falling due within one year: Trade debtors Tax recoverable 13 Cash at Bank and in Hand Cash at bank with immediate access Petty cash 14 Creditors: liabilities falling due within one year Accruals	2021 £ - 1,497 1,497 2021 £ 64,323 278 64,601 2021 £ 1,220 1,220	2020 £ 200 -
		200
		2020 £ 63,591 200
		63,792
		2020 £ 1,380
		1,380

15 Pension commitments

During the year employer’s pension contributions totalling £862.92 (2020: £839.28) were payable to defined contribution personal pension schemes. No pension contributions were owing at the balance sheet date (2020: £nil).

QUEENSWAY CHAPEL (MELKSHAM)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

16 Funds

During the year the movements in the charity's funds were as follows:

Designated Funds Family Centre Youth Work Shine Open House Social & Outreach Ladies Breakfast Pastoral Salaries & Utilities Property Fund General Unrestricted Funds Total Unrestricted Funds Restricted Funds Mission fund Aggregate of funds	Opening balance 2020 £ 3,289 2,068 629 2,690 275 200 445 14,000 421,000 444,596 49,327 493,923 3 3 493,926	Incoming resources 2021 £ 206 - - 1,153 - - - - 1,359 85,496 86,855 - - 86,855	Outgoing resources 2021 £ (680) - (148) (1,328) (87) - (445) - (6,000) (8,689) (83,491) (92,180) - - (92,180)	Transfers in the year 2021 £ - - - (600) - - - - - (600) 600 - - -	Closing balance 2021 £ 2,815 2,068 481 1,915 188 200 - 14,000 415,000
					436,666 51,932
					488,598
					3
					3
					488,601

The transfers referred to above were made for the following reasons:

a) Open House to General towards costs

QUEENSWAY CHAPEL (MELKSHAM)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Fixed assets Debtors Cash at bank and in hand Current liabilities		General Designated funds funds £ £ 8,724 415,000 1,497 - 42,932 21,666 (1,220) - 51,932 436,666 Unrestricted Funds	Restricted funds £ - - 3 - 3	2021 £ 423,723 1,497 64,601 (1,220)
		General funds £ 8,724 1,497 42,932 (1,220) 51,932
				488,601

In the previous year the movements in the charity's funds were as follows:

Designated Funds Family Centre Youth Work Shine Open House Social & Outreach Ladies Breakfast Pastoral Salaries & Utilities Property Fund General Unrestricted Funds Total Unrestricted Funds Restricted Funds Mission fund Aggregate of funds	Opening balance 2019 £ 4,904 2,082 590 2,192 161 40 445 14,000 427,000 451,414 50,541 501,955 3 501,958	Incoming resources 2020 £ 2,295 10 2,692 6,560 347 707 - - - 12,611 94,269 106,880 - 106,880	Outgoing resources 2020 £ (3,910) (24) (2,653) (4,822) (233) (547) - (6,000) (18,189) (96,723) (114,912) - (114,910)	Transfers in the year 2020 £ - - - (1,240) - - - - (1,240) 1,240 - - -	Closing balance 2020 £ 3,289 2,068 629 2,690 275 200 445 14,000 421,000
					444,596 49,327
					493,923
					3
					493,926

QUEENSWAY CHAPEL (MELKSHAM)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Fixed assets Debtors Cash at bank and in hand Current liabilities		General Designated funds funds £ £ 16,314 415,000 200 34,193 29,596 (1,380) - 49,327 444,596 Unrestricted Funds	Restricted funds £ - 3 - 3	2020 £ 431,314 200 63,792 (1,380)
		General funds £ 16,314 200 34,193 (1,380) 49,327
				493,926

17 Transactions with related parties

During the year the charity:

a) received donations totalling £21,480 (2020: £26,070) from related parties (which includes trustees, anyone closely connected to them and key management).
b) In the year ending 31st March 2020, reimbursement totalling £65 was paid to 1 trustee for travel to attend meeting. No such expenses have been paid in this financial year to 31st March 2021. Reimbursements for expenses incurred when acting as agent for the charity or incurred when undertaking employment duties not connected with serving as a trustee, are not included in this disclosure.

Except as disclosed in note 9 'Analysis of staff costs', there have been no other transactions with related parties during the year.

18 Members

Each member of the company commits to contribute if the charity is wound up an amount of £10.

19 Post Balance Sheet events

None

QUEENSWAY CHAPEL (MELKSHAM)

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 MARCH 2021

Note INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Charitable activities 4 Investments 5 Other income 6 Total income and endowments EXPENDITURE ON: Charitable activities: Direct Costs 7 Grants Payable 8 Total Expenditure Net gains/(losses) on investments Net income/(expenditure) Transfers between funds 16 Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 16	2021 £ 84,832 - 21 644 85,497 70,711 12,779 83,490 2,007 600 2,607 2,607 49,327 51,933 Unrestricted F	2020 £ 90,052 41 69 4,107 94,269 83,773 12,950 96,723 (2,454) 1,240 (1,214) (1,214) 50,541 49,327 unds - General	2021 £ - 1,359 - - 1,359 8,689 - 8,689 (7,330) (600) (7,930) (7,930) 444,596 436,666 Unrestricted Fund	2020 £ - 12,611 - - 12,611 18,189 - 18,189 (5,578) (1,240) (6,818) (6,818) 451,414 444,596 s - Designated	2021 £ - - - - - - - - - - - - 3 3 Restricte	2020 £ 670 630 - - 1,300 - 1,297 1,297 3 - 3 3 - 3 d Funds	Total Funds 2021 £ 84,832 1,359 21 644 86,855 - 79,401 12,779 92,180 - - - (5,325) - (5,325) (5,325) 493,926 488,601	Total Funds 2020 £ 90,722 13,282 69 4,107
								108,179
								101,962 14,247
								116,209
								-
								- -
								(8,029)
								(8,029) 501,955
								493,926

Small rounding differences may appear in these accounts