The Eldwick Church (TEC) Local Ecumenical Partnership (LEP)
Administrative Information
The Eldwick Church is a single congregation, local ecumenical partnership (LEP), created by the merger of Eldwick Methodist Church (EMC) and St Lawrence's (district) Church of England (the "Participating Churches"). The LEP was established formally on 10[th] October 2010, when the Constitution, as approved by the original Sponsoring Body, West Yorkshire Ecumenical Council (WYEC), was adopted, and the initial Trustees of the charity were elected and appointed. The inaugural service of the new LEP duly took place on 2[nd] January 2011.
The Eldwick Church is based at the St Lawrence's church building. The church and the newly built (2018/19) and integrated church hall are situated in the centre of the village of Eldwick.
The Eldwick Church is part of the Diocese of Leeds within the Church of England, and of the Airedale Circuit of the Yorkshire West District of the Methodist Church of Great Britain. The Eldwick Church LEP is a charity, registered with the Charity Commission (under charity registration number 1139493). The last Annual Congregational Meeting (ACM) was held on 6[th] May 2021.
Objects of the Charity – Public Benefit
The purpose of the Charity is to advance the Christian faith in the Area of Benefit, in accordance with the principles and practices of the Participating Churches. Eldwick Church provides a mix of styles of worship, all of which aim to be stimulating and challenging; and it seeks to encourage members to grow in the Christian faith and to demonstrate God's love in the local community and beyond.
To further and achieve its purpose, the Charity engages in a range of activities, either on its own or (where appropriate) with others. These include (but are not restricted to):
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the celebration of public worship;
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the teaching of the Christian faith;
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mission, evangelism and appropriate outreach activities;
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pastoral work, including visiting the sick and the bereaved;
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the provision of facilities, with a Christian ethos, for the local community, including (but not restricted to), the elderly, the young and other groups with special needs; and
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the support of other, relevant charities in the UK and overseas .
Trustees
The primary governing body of the charity is The Eldwick Church Trustees' Council. The following served as trustees during the year:
| ees during the year: | ||
|---|---|---|
| Anglican Minister | Revd Brian Greenfield – from 20thNovember 2021 | |
| Methodist Presbyter | Revd David McAloon – to 31stJuly2021 | |
| Methodist Presbyter | Revd TerryKeen – from 1stSeptember 2021 | |
| Churchwarden | Richard Arnold – throughout 2021 | |
| Churchwarden | Margaret Hartley– throughout 2021 | |
| Other elected trustees | } | Susan Huntington – throughout 2021 |
| } | Julie Smith – from 6thMay2021 | |
| } | Anne Brown – to 6thMay2021 | |
| Co-opted trustees | } | Anne Brown – from 6thMay2021 |
| } | James Huntington – from 6thMay2021 | |
| ] | Julie Smith – to 6thMay2021 | |
| } | Christine Cubitt – to 6thMay2021 | |
| Secretary | Alan Brown acted as Secretaryto the Trustees throughout 2021 |
Page | 1
Annual Report of the Trustees for the year ended 31[st] December 2021
The Eldwick Church (TEC) Local Ecumenical Partnership (LEP)
Under the terms of the Constitution (clause 22a), the current Minister of the LEP and Superintendent of the Airedale Circuit of the Methodist Church are ex officio members of the Trustees' Council. Under powers available to the Circuit Superintendent he/she may delegate this role and responsibility to one of the other Presbyters in the Circuit. The role/responsibility was delegated to Revd David McAloon, until he left the Circuit on 31[st] July 2021. Similar delegation was made to Revd Terry Keen, with effect from 1[st] Sept 2021.
The Co-Opted Trustees were appointed by decision and invitation of the ex officio and elected Trustees, as provided for in the Constitution (clause 22c). Elected Trustees serve for a term of 3 years, or to the end of the 3[rd] Annual Congregational Meeting (ACM) following their election. Co-Opted Trustees serve until the next ACM, following their appointment. Following the Special Congregational Meeting (SCM), held on 6[th] March 2022, the maximum number of Co-Opted Trustees has been increased from 2 to 4.
This year the ACM will be held on Sunday, 15[th] May 2022. The Trustees held 17 meetings during the calendar year 2021. There was an average attendance rate of 88% .
Governance Structure and Processes
To drive the detailed activities and work of the church, the “pillar” structure was created in 2018/19. All church activities are managed through one or more (most activities involve cross-pillar collaboration to plan and deliver church activities), of the following pillar groups:
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Worship and Teaching
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Prayer and Pastoral
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Growing the Church (younger)
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Hospitality
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Communications
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Assets and Finance
A “link trustee” is responsible for communication between the trustees (objectives and ideas for plans and actions informed and explained) and the pillar group co-ordinators (feedback, clarification and alternative suggestions as to approaches/plans). The link trustees are not the de facto leaders/chairs of their assigned pillars – each pillar determines how it will manage and govern its’ own discussions and deliberations.
Full congregational meetings are held, in accordance with the LEP Constitution, as follows:
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Annual congregational meeting (ACM) – at least 1 must be held each year, mainly to meet statutory and administrative requirements (elections for roles/offices, receive annual accounts, etc.)
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Special congregational meetings (SCM) – may be called at any time by the trustees or by written request from (at least) 10% of the current members at the time.
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SCMs are typically held to discuss and decide on matters of significance and/or of particular concern to trustees/members. For example, to decide whether to embark on a major capital project or to amend key policies or elements of the governing documents (Constitution, Sharing Agreement, etc.)
TEC Activities and Achievements in 2021
A summary of the work done in 2021 is set out below; grouping the activities and achievements under the following headings, which are the main strategic objectives of the church:
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Developing Confident Christians
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Growing the Church (younger)
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Serving the Community
Annual Report of the Trustees for the year ended 31[st] December 2021
Page | 2
The Eldwick Church (TEC) Local Ecumenical Partnership (LEP)
Developing Confident Christians
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Continuous management of the evolving Covid situation with gradual and controlled changes to services and worship; progressing from, rota to open attendance, reintroduction of choir & communal singing, communion services, etc.
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Return to a full complement of ministers – Revd Terry Keen joined as the new presbyter in September and Rev Brian Greenfield was licensed as the new Minister in November
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Further development of the use of live streaming technology to deliver church services to those unable to attend in person – couple with increasingly lay led worship
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Live streaming is now and will continue to be an integral of our pattern/style of worship delivery, clearly reaching larger audiences than any form of purely “in church/person” services
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For example, although in-person worship has not yet reached pre-Covid attendance levels, we continue to have high viewing levels. Carols by Candlelight had 110 views, Morning Worship on 16 January had 123 views and Mission Sunday (Christians Against Poverty) on 30 January had 115 views
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House groups were restarted, but then suspended because of the spread of the Omicron variant. These have now resumed for Lent 2022
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In November & the Christmas period we provided a variety of events in spite of the Covid surge. These included Remembrance, Carols by Candlelight, Midnight (Christmas Eve) Communion, Messy Church and a Christmas Day service – plus the Light Up Nativity (see next section)
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Continued liaison with the Circuit to create a three-month plan which ensures a balanced Methodist and Anglican input with our speakers and communion services
Growing the Church (younger)
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Christmas events were well promoted with an A5 leaflet in the Eldwick Newsletter, Light Up Nativity banner in the Church garden & social media & website posts. The Craft Group knitted large angels and an Angel Trail was available for families to follow throughout December
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We ran a successful indoor Light Up Nativity, building on what had been achieved in 2020. The nature of the event allowed us to welcome a larger number of people into Church on Christmas Eve than we would have been able to accommodate in a more traditional crib service. 131 adults & 86 children attended the free, ticketed event. We sent families on their way outside with chocolate, mince pies and a children’s goody bag, containing the Christmas message
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Looking to the future – we will be refreshing and resuming the various ideas/plans for developing better links with schools and other local youth based organisations & activities
Serving the Community
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On the Hospitality front, we have run the Café (under appropriate and cautious Covid protection measures) as much as possible and it is now operating normally (perhaps a “new normal”)
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In March we launched the Eldwick Church in the Community podcast. This took the form of an informal chat with members of community groups, hosted by Church members
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The podcast ran for 10 episodes of around 35 minutes, with a new episode roughly every 2 weeks. Topics included Bingley Foodbank, Eldwick Juniors, Plastic Free Bingley, Eldwick Primary School and Manorlands. Excerpts from 3 of our podcasts were picked up by Bradford Community Broadcasting radio and played to a wider audience
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Charitable Giving – we donated almost £13,000 to various causes – see Financial Report below
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Garden Project – has progressed significantly during the year. The project phase is fully funded. This will be completed in 2022 (as seasonal factors permit). A formal opening is planned for Easter 2022. We hope this will become an asset that is used, supported and valued by the community
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Goldies – has been heavily restricted by the prevailing Covid situation. It resumed in Q4 2021 and, after another short disruption, is expected to restart its valuable work again from April 2022
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Pastoral and Prayer (P&P) group organised the distribution of daffodils in Spring 2021, bringing some brightness to every member
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P&P have also welcomed 2 new pastoral visitors, introduced individual Pastoral Cards for all members (showing contact details for their assigned pastoral visitor). Greater emphasis has been placed on the Prayer Tree (to clarify purpose and reason for prayer requests)
Page | 3
Annual Report of the Trustees for the year ended 31[st] December 2021
The Eldwick Church (TEC) Local Ecumenical Partnership (LEP)
Church Membership
The membership roll has been maintained regularly throughout the period, and will be formally reviewed, revised and confirmed at the next ACM on 15[th] May 2021. The most recent version of the membership roll (as of March 2022) and supplementary schedules show:
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103 full adult members (May 2021 = 102) with 4 new members and 3 leavers (1 deceased and 2 who transferred to another church)
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25 associate members (former/extended church family members who do not opt for full membership – May 2021 = 25)
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6 junior church members (children of members and associates – May 2021 = 6)
All persons in each of the above categories are included on the pastoral care lists.
Church Attendance
The disruptive effects of the Covid-19 pandemic meant that it was not possible to hold church services in the normal way, throughout 2021. When permitted to do so by the guidelines in effect at the time, services have been held in church, with appropriate restriction of numbers attending and protective measures being enforced. Services and worship have been enabled by broadcasting a mixture of live streamed and/or pre-recorded services on social media platforms. This has prevented the collection of accurate and meaningful comparative data on attendance for most of the year. However, it should be noted that online services have regularly indicated viewing numbers much higher than the historical attendances at in-church services.
Financial Report
Supporting the activities and achievements noted above, we continue to exercise strong controls and disciplines over our finances, both income and expenditure. This has resulted in a sound and stable financial position, as described in the following paragraphs. It has also enabled us to maintain the good state of the fabric of the building and to make further investments in technology to support and enhance our worship, charitable giving, communications and administration.
Total recurring income for the year on unrestricted funds was £93,510 (£91,546 in 2020). The total expenditure in the period was £87,949 (£89,258 in 2020), resulting in an operating surplus on General Fund of £5,562 (surplus of £2,288 in 2020). Non-recurring Income and Expenditure both amounted to £nil (both were also £nil in 2020).
General (Unrestricted) Fund
After crediting and charging any non-recurring items and transfers between reserves, the net surplus generated in the year for General Fund was £5,362 (2020 = surplus of £2,158). The increase in the value of investments during the year was £3,424 (2020 = £1,512). These (unrealised) gains created overall surpluses on General Fund of £8,786 (2020 = surplus of £3,670). Charitable donations amounted to £5,002.
Other (Restricted) Funds
During 2021, these comprised:
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A building fund, for expenditure incurred on the development of the church site and buildings, representing the balance sheet valuation of the assets, after depreciation;
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A mission grant fund which distributes monies from collections taken for specific, designated charities and purposes;
Page | 4
Annual Report of the Trustees for the year ended 31[st] December 2021
The Eldwick Church (TEC) Local Ecumenical Partnership (LEP)
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An account ("Eldwick Goldies"), supporting the work done by the Goldies volunteers with people with dementia and/or who are socially excluded or deprived (mainly elderly people). This is partly funded by grants and partly by personal donations and other fund raising activities;
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A “Garden Project” fund, for expenditure incurred on the development of the manse/vicarage garden; and,
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A fund established to provide a memorial to a young member of the congregation who died in 2020. This was fully disbursed to the Beckfoot Secondary School during the year.
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Leaving present collections for clergy who retired or left the Circuit during the year.
Restricted fund monies and balances may only be applied to the specific purposes for which the monies were given.
Movements & Balances on Restricted Funds
The movements during the year on all of these restricted funds are set out in note 10 (page 8) of the statutory accounts. As at 31[st] December 2021 the balances on restricted funds were as follows:
-
Building Development £832,662
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• Eldwick Golden Oldies £2,295 • Garden Project £4,194 Total £839,151
A total of £7,786 was donated for specific Mission Giving purposes, all of which was distributed in the year to the designated charities. Combined with the donations from the General Fund, this resulted in total charitable giving of £12,788. This equated to 11.5% of total income.
Capital Commitments
There were no outstanding capital commitments at 31[st] December 2021 (2020 = £nil).
Reserves Policy
It is the policy of the LEP (as/when possible), to maintain a balance on unrestricted funds (i.e. General Fund), which equates to a minimum of three (3) months and up to six (6) months' of general, recurring expenditure.
The balance of £40,856 (2020 – £32,070) on the General Fund at the year-end equates to 5.0 months' of such expenditure (in 2020 = 4.3 months). This is held to cover any future deficits on annual income and expenditure accounts, or emergency situations which may arise.
The balance sheet at 31 December 2021 showed adequate cash balances to meet current and projected liabilities (both revenue and capital), and reserves on General Funds were within the parameters of the reserves policy.
Investments
It is our policy to invest the available balances of our funds with the Church Commissioners and Local Authority fund (CCLA Investment Management Ltd.), and to hold deposits with various financial institutions, selected so as to provide a reasonable level of return, balanced with flexible and timely access to funds.
Page | 5
Annual Report of the Trustees for the year ended 31[st] December 2021
The Eldwick Church (TEC) Local Ecumenical Partnership (LEP)
Statement of trustees' responsibilities for the financial statements
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable laws and United Kingdom Generally Accepted Accounting Practice.
Charity 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 charity and of the incoming resources and application of resources, including income and expenditure, of the charity for that period. In preparing those 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 of the Charity SORP;
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Make accounting judgements and estimates that are reasonable and prudent;
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Prepare the financial statements on a going concern basis, unless it is inappropriate to assume that the charity will continue in business.
Approved by The Eldwick Church Trustees' Council on 17[th] March 2022 , and signed on its behalf by:
Richard Arnold (Chair, Churchwarden & Treasurer)
Alan Brown (Secretary to the Trustees)
Page | 6
Annual Report of the Trustees for the year ended 31[st] December 2021
THE ELDWICK CHURCH LEP
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2021
Charity Number: 1139493
THE ELDWICK CHURCH LEP
INDEPENDENT EXAMINER'S REPORT - 2021
Independent Examiner's report to the Trustees Council of The Eldwick Church
I report on the accounts of the Trust for the year ended 31 December 2021 which are set out on pages 3 and 4 together with the accounting policies and notes on pages 5 to 8.
Respective responsibilities of the Trustees and the Independent Examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to :
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(i) examine the accounts under section 145 of the 2011 Act;
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(ii) follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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(iii) state whether particular matters have come to my attention.
Basis of Independent Examiner's Statement
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 seeking explanations from the Trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that, in any material respect, the requirements to keep accounting records in accordance with Section 130 of the 2011 Act; or to prepare accounts which accord with the accounting records have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Emma Wilson FCA
The Old Malthouse Ryecroft Bingley BD16 1DH
17 March 2022
Page 2
THE ELDWICK CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD ENDED 31 DECEMBER 2021
| Note INCOMING RESOURCES Incoming resources from donors 2a Other voluntary income 2b Charitable & ancillary trading 2c Other incoming resources (investments, etc.) 2d TOTAL INCOMING RESOURCES RESOURCES USED Missionary & charitable donations 3a Activities directly related to Church work 3b Fund Raising & Publicity 3c Church management & administration 3d TOTAL RESOURCES USED SURPLUS/ (DEFICIT) FOR THE YEAR TRANSFER BETWEEN FUNDS OTHER RECOGNISED GAINS Unrealised gains/ (losses) on investments NON-RECURRING INCOME 4 FUND BALANCES B/F AT 1 JANUARY BALANCES C/F AT 31 DECEMBER |
Unrestricted Restricted Building Funds Funds Funds £ £ £ 64,485 17,733 0 13,739 0 0 14,594 4,500 0 692 0 0 93,510 22,233 0 5,002 25,654 0 79,863 0 17,759 915 0 0 2,169 0 0 87,949 25,654 17,759 5,562 (3,421) (17,759) (200) 200 3,424 1,250 8,786 (3,221) (16,509) 32,070 9,710 849,171 40,856 6,489 832,662 |
2021 Total £ 82,218 13,739 19,094 692 115,743 30,656 97,622 915 2,169 131,362 (15,617) 0 3,424 1,250 (10,944) 890,951 880,007 |
2020 Total £ 69,499 9,700 35,517 701 |
|---|---|---|---|
| 115,417 | |||
| 19,736 102,597 455 969 |
|||
| 123,757 | |||
| (8,340) - 1,512 1,250 |
|||
| (5,578) 896,528 |
|||
| 890,950 |
The accounting policies and notes on pages 5 to 8 form an integral part of these financial statements.
Page 3
THE ELDWICK CHURCH
BALANCE SHEET AS AT 31 DECEMBER 2021
| Note FIXED ASSETS Tangible Fixed Assets 6 Investments 7 Total Fixed Assets CURRENT ASSETS Debtors & prepayments 8 Cash at bank and in hand Current Assets Sundry creditors & accruals 9 Loans from congregation 9 NET CURRENT ASSETS / (LIABILITIES) NET ASSETS / (LIABILITIES REPRESENTED BY: Unrestricted Funds Building Fund 10 Other Restricted Funds 10 TOTAL RESERVES CURRENT LIABILITIES (amounts falling due within 1 year) |
2021 £ 834,674 27,727 862,402 5,063 19,567 24,630 6,024 1,000 17,606 880,008 40,856 832,662 6,489 880,008 |
2020 £ 852,433 23,612 |
|---|---|---|
| 876,045 | ||
| 4,275 15,880 |
||
| 20,154 3,248 2,000 |
||
| 14,906 | ||
| 890,951 | ||
| 32,070 849,171 9,710 |
||
| 890,951 |
Signed: Minister
Treasurer
Date: 17 March 2022
The accounting policies and notes on pages 5 to 8 form an integral part of these financial statements.
Page 4
THE ELDWICK CHURCH LEP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
1. ACCOUNTING POLICIES
The Accounts (financial statements) have been prepared in accordance with the Church Accounting Regulations 2006, and in accordance with Accounting and Reporting by Charitie: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Charities Act 2011 and applicable regulations.
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value.
The financial statements include all transactions, assets and liabilities for which the Trustees' Council is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of church members.
Funds
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General Funds are not subject to any restrictions regarding their use and are available for application to the general purposes
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Designated Funds are those monies which the Trustees have decided to allocate for particular purposes. They are also unrestricted in that the Trustees are free to re-designate them.
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Restricted Funds are only available to be applied for the purposes for which they were given.
Incoming Resources
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Collections are recognised when received by or on behalf of the Trustees' Council.
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Planned giving is recognised when received.
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Income tax recoverable on donations eligible for Gift Aid & GASD is recognised when the donation has been received.
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Grants and legacies are accounted for as soon as the Trustees are notified of legal entitlement.
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Funds raised at social events are accounted for gross.
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Income from cafe sales or from hire of accommodation are accounted for gross.
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Hire income from the letting of church premises is recognised when the income is due.
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Dividends and interest are accounted for when receivable and are received gross of tax.
Resources Used
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Grants and donations are accounted for when paid over, or when committed by the Trustees' Council.
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The Diocesan & Circuit Share is accounted for when payable.
Gains and Losses on Investments
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Realised gains or losses are recognised when investments are sold.
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Unrealised gains or losses are accounted for on revaluation of investments at 31 December.
Fixed Assets
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Consecrated & beneficed property is excluded from the accounts in accordance with s.10(2)(a) & (c) of the Charities Act 2011.
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No value is placed on movable church furnishings as the Trustees consider these to be inalienable property.
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Expenditure incurred on repair and maintenance of the above assets is written off when incurred. Other items of equipment are capitalised, if over £2,500 individually, and are then depreciated over four years, in equal annual instalments.
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Tangible Fixed Assets are the capitalised costs of the building project; being the new church hall (phase 1), the construction of the link and simultaneous refurbishment of the church (phase 2). This work was completed in May 2019. The new facilities were brought into full use in June 2019 and are now being depreciated on the straight line basis over 50 years (in equal annual instalments).
Investments
Investments are valued at the market values at 31 December.
Current Assets
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Amounts owing to the Trustees' Council at 31 December in respect of fees, rents or other income are shown as debtors, less provision for amounts that may prove uncollectable.
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Short-term deposits comprise accounts held with CAF Bank .
Page 5
THE ELDWICK CHURCH LEP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
| **2 ** | INCOMING RESOURCES | Unrestricted | Restricted | Restricted | Total | Total |
|---|---|---|---|---|---|---|
| General | Other | Building | 2021 | 2020 | ||
| Funds | Funds | Funds | £ | £ | ||
| 2(a) | Incoming resources from donors | |||||
| Planned giving: | 48,402 | 48,402 | 50,975 | |||
| Collections at all services | 657 | 657 | 857 | |||
| Sundry donations | 3,133 | 14,742 | 1,000 | 18,875 | 1,615 | |
| Tax reclaim | 12,294 | 2,991 | 250 | 15,535 | 16,052 | |
| 64,485 | 17,733 | 1,250 | 83,468 | 69,499 | ||
| 2(b) | Income from charitable and ancillary trading | |||||
| Fees (weddings & funerals) | 1,923 | 1,923 | 855 | |||
| Letting of Church premises | 11,816 | 11,816 | 8,845 | |||
| 13,739 | - | - | 13,739 | 9,700 | ||
| 2(c) | Other ordinary incoming resources | |||||
| Sundry income from social & | 5,926 | 5,926 | 19,882 | |||
| fund-raising activities | ||||||
| Grants received | 8,668 | 4,500 | 13,168 | 15,635 | ||
| 14,594 | 4,500 | - | 19,094 | 35,517 | ||
| 2(d) | Income from investments | |||||
| Dividends and interest received | 692 | 692 | 701 | |||
| 692 | - | - | 692 | 701 | ||
| TOTAL INCOMING RESOURCES | 93,510 | 22,233 | 1,250 | 116,993 | 115,417 | |
| (recurring) | ||||||
| **3 ** | RESOURCES USED | Unrestricted | Restricted | Restricted | Total | Total |
| General | Other | Building | 2021 | 2020 | ||
| Funds | Funds | Funds | £ | £ | ||
| 3(a) | Mission & Outreach - Donations & Costs | |||||
| Donations to UK causes | 1,762 | 5,191 | 6,953 | 5,750 | ||
| Donations to overseas causes | 1525 | 2,594 | 4,119 | 612 | ||
| Sunday Coffee collections | - | - | 350 | |||
| Emergency & one-off appeals | 732 | - | 732 | 2,951 | ||
| Other donations & expenses | 16,853 | 16,853 | 9,403 | |||
| Mission & outreach costs | 984 | 1015 | 1,999 | 670 | ||
| 5,002 | 25,654 | - | 30,656 | 19,736 | ||
| 3(b) | Activities directly relating to the church | |||||
| Share to the Diocese & Circuit | 51,272 | 51,272 | 56,272 | |||
| Office & clergy expenses | 1,162 | 1,162 | 1,929 | |||
| Church service upkeep | 1,695 | 1,695 | 1,482 | |||
| Employment costs | 10,344 | 10,344 | 9,143 | |||
| Property running costs | 8,116 | 8,116 | 6,889 | |||
| Property maintenance costs | 5,386 | 5,386 | 9,123 | |||
| Depreciation | 17,759 | 17,759 | 17,759 | |||
| Project costs | 1,889 | 1,889 | - | |||
| 79,863 | - | 17,759 | 97,622 | 102,597 |
Page 6
THE ELDWICK CHURCH LEP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
| Unrestricted Restricted Restricted General Other Building 2021 Funds Funds Funds £ 3(c) Fund-raising and publicity Costs of social events 915 - 915 915 - - 915 3(d) Church management and administration Office expenses 633 633 Professional fees 1,536 1,536 2,169 - - 2,169 TOTAL RESOURCES USED 87,949 25,654 17,759 131,362 (recurring items) 4 NON-RECURRING & PRIOR YEAR INCOME Sale of assets - Legacies & non recurring income - - - - - 5 NON-RECURRING EXPENDITURE Capital expenditure - - - - - - 6 TANGIBLE FIXED ASSETS Cost: Building Fixtures & Fittings At 1 January 2021 887,929 - Additions Disposals At 31 December 2021 887,929 - Accumulated depreciation: At 1 January 2021 35,496 - Charge for year 17,759 - On disposals - At 31 December 2021 53,255 - Net book amount at 31 December 2021 834,674 - Net book amount at 31 December 2020 7 INVESTMENTS 2021 £ 27,727 27,727 Investments represent shares in the Central Board of Finance (CBF) of the Church of England Investment Fund. At 31 December 2021, 1118.99 shares were held in the CBF fund (2020: 1043.34 shares). The values of these, based on share prices at 31 December were: |
Unrestricted Restricted Restricted General Other Building 2021 Funds Funds Funds £ 915 - 915 |
Unrestricted Restricted Restricted General Other Building 2021 Funds Funds Funds £ 915 - 915 |
Unrestricted Restricted Restricted General Other Building 2021 Funds Funds Funds £ 915 - 915 |
2020 £ 456 |
|---|---|---|---|---|
| 915 | - - 915 |
456 | ||
| 633 1,536 |
969 | |||
| 2,169 | - - 2,169 |
969 | ||
| 87,949 | 25,654 17,759 131,362 |
123,758 | ||
| - - |
- 1,250 |
|||
| - | - - - |
1,250 | ||
| - | - | - | ||
| - | - - - |
- | ||
| 887,929 - - |
||||
| 887,929 | ||||
| 35,496 17,759 - |
||||
| 53,255 | ||||
| 834,674 | ||||
| 852,433 | ||||
| 2020 £ 23,612 |
||||
| 27,727 | 23,612 |
Page 7
THE ELDWICK CHURCH LEP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
| 8 DEBTORS Income tax recoverable Other debtors & pre-payments 9 LIABILITIES : AMOUNTS DUE WITHIN ONE YEAR Other creditors Accruals Loans from congregation |
2021 2020 £ £ 4,589 4,306 474 - |
|---|---|
| 5,063 4,306 |
|
| - 25 6,024 3,255 1,000 2,000 |
|
| 7,024 5,280 |
10 RESTRICTED FUNDS
| 10 RESTRICTED FUNDS | |
|---|---|
| Building Fund Mission Giving (general) Eldwick Golden Oldies Garden Project Emma Fund Other restricted 11 NET ASSETS BY FUND Tangible Assets Investments Current Assets Creditors: Amounts falling due within one year |
Balance at 01 January 2021 Income & donations & transfers Expenditure Balance at 31 December 2021 Balance at 31 December 2020 849,170 1,250 (17,759) 832,662 849,170 - 7,785 (7,785) - 0 2,605 290 (600) 2,295 2,605 2,530 12,966 (11,302) 4,194 2,530 4,575 976 (5,551) - 4,575 - 415 (415) - 0 |
| 858,880 23,683 (43,412) 839,151 858,880 |
|
| Unrestricted Funds Restricted Building Fund Restricted Goldies & other Funds Total Funds 2021 Total Funds 2020 834,674 834,674 852,433 27,727 27,727 23,612 19,110 (1,012) 6,532 24,630 19,603 (5,981) (1,000) (43) (7,024) (4,698) |
|
| 40,856 832,662 6,489 880,008 890,950 |
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THE ELDWICK QIURCH LEP INDEPENDENT EXAMINER'S REPORT- 2021 Independent Examlner's report to the Trustees C¢wncil of The Eldwick Church I report on the accounts of the Trust for the year ended 31 December 2021 which are set out on pages 3 and 4 together with the accounting policies and notes on pages 5 to 8. Respective responslbilities of the Tstee$ and the Independent Examlner The charity's trustees are responsible for the preparation of the accounts. The charity's Irustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Act) and that an indeDendent examination is needed. It is my responsibility to: 111 examine the accounts under sertion 145 of the 2011 Act,. lill follow the procedures laid down in the general Directions 8iven by the Charity Commlssion under section 1451Sllbl of the 2011 Aci.. and Illil state whether particular matters have come to my attention. Bas15 01 Independent Examlnèr'$ St•tement My examination was carrd out in accordance with the General Dlrectlons given by the Charity Commisslon. An examination includes a review of the accountin8 records kept by the charity and a compar5son of the accounls presented with those records. It also include5 consideration of any unusual item5 Or disclosures in the accounts and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do nol provide all the evidence that would be required In a full audit, and consequently I do not express an audit opinion on the accounts. Independent Examin¢r'$ Statement In connertion with my examination, no matter has corne to my attention: which gives me reasonable cause to believe that, in any material respect, the requirements to keep accounting records in accordance with Seclion 130 of the 2011 Act; or to prepare accounts which accord with the accounting records have not been met,. or to which, in my opinion, attention should be drawn in order to enable a proper understandin8 of the accounts to be reached. Emma Wllson FCA The Old Malthouse Ryecroft 8ingley BD16 IDH 10th March 2022 Page I