2023-06-30-accounts - Harbour Community Church, Folkestone

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Ministers:		Gareth &Sarah Webber and Mary-Jayne	Gareth &Sarah Webber and Mary-Jayne	Gareth &Sarah Webber and Mary-Jayne
Principal Address:		Harbour Church
		Canterbury	Road
		Folkestone
		Kent
		CT195NR
Bankers:		HSBC
		41 Sandgate	Road
		Folkestone
		Kent
		CT20 1SA
Independent	Examiner:	Mr Daniel Payne FCCA
		Beresfords Chartered		Certified Accountants
		1-2 Rhodium	Point
		Spindle Close
		Hawkinge
		Folkestone
		Kent
		CT187TQ

		Page
Trustees' Report		1-5
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		9-14

		NOTES		2023			2022
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
INCOMING RESOURCES			2	6			f	2
Voluntary Income		2a	141,847	16,294	160,141	134,084	20,647	154,731
Activities for Generating	Funds	2b
Income from Investments		2c	279		279	58		58
Church Activities		2d	6,145	276	6,421	3,568	2,466	6,054
Other Incommg Resources		2e
TOTAL INCOME			148271	18,570	166841	137,710	23133	160843
RESOURCESEXPENDED
Fundraising Trading Costs		3a
Church Activities		3b	135,690	14,784	150,474	131,855	21,077	152,932
Governance		3c	2,609		2,609	3,987		3,967
TOTAL EXPENDITURE			138,299	14784	163,083	135822	21,077	156,899
Net Incoming Resources	before Transfers		9,972	3,786	13,758	1,888	2,056	3,944
Fund Transfers			1,148	(1,148)		9,622	(9,622)
Net Movement in Funds			11120	2,638	13758	11,510	7566	3,944
Brought Forward at 30June 2022			319,724	8,206	327,930	308,214	15,772	323,996
Carried Forward at 30June 2023			330844	10844	341688	319,724	8206	327930

				2023			2022
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			6
FIXEDASSETS
Tangible Assets		6	199,120	6,455	205,575	198,020		198,020
			199,120	6,455	205,575	198,020		198,020
CURRENTASSETS
Debtors		7	30,495	3,237	33,732	7,032	724	7,756
Cash and Bank in Hand			105,763	1,152	106,915	119,275	7,482	126,757
			136,258	4,389	140,647	126,307	8,206	134,513
CURRENT LIABILITIES
Creditors falkng due within	One Year	8	4,534		4,534	4,603		4,603
NET CURRENT ASSETS			131,724	4,389	136,113	121,704	8,206	129,910
TOTAL ASSETSLESSCURRENT LIABILmES			330844	10,844	341,888	319,724	8,206	327,930
REPRESENTED BY:
Free Reserves			60,286		60,286	50,130		50,130
Designated Reserves			270,558		270,558	269,594		269,594
Restricted Reserves				10,844	10,844		8,206	8,206
TOTAL FUNDS			330,844	10,844	341,688	319,724	8,206	327,930

1)Accounting Policies	1)Accounting Policies
a)	Statement ofCompliance v v
in October 2019,the Finanaal Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS		102)and	the Chanties Act
2011.
b)	Basis ofPreparation
	Harbour Community Church meets the definition ofa public benefit entity under FRS 102.Ths Financial Statements		have	been prepared
	under the historical cost convention except for Land and Buildings which is cerned at deemed cost under the transitional			provisions		of
c)	Funds
	Free reserves represent the funds ofthe church that are not subject to any regulations regarding their use	and are	available		for
	application on the general purposes ofthe Church.
	The accounts include ag transactions, assets and liabilities for which the Church is responsible in law.
d)	Incoming Resources
	Voluntary Income end Capital Sources
	Collections sre recognised when received by or on behalf ofthe Church.
	Income tax recoverable on gift aid donations is recognised when ths income is recognised.
	Grants and legacies to the Church sre accounted foras soon as the church is notified ofits legal entitlement and the amount due.
	Funds raised by fetes, garden parties snd other similar events are accounted for gross.
	Other Ordinary Income
	Rental income from the letting ofthe Church premises is recognised when the rent is due.
	Income from Investments
	Dividends and interest are accounted for when receivable. Tsx recoverable on such income is recognised	in the same accounting				year.
e)	Fixed Assets
	Lend snd Buildings Foord Road Church Hall ' 85,000.00 "' Professional Valuation St.Saviours Church Buildintl "
	No depreciation is charged on Land and Buildings as the Trustees believe that the market value isexcess ofthe valuation provided. ' The Foord Road Church Hall is 1st on a 10year repainng lease to Sunflower House fors nominal rent of81 per year. "During the 2019accounting period Harbour Community Church completed the purchase ofSt.Ssviours building forFl.A special
	was made asking congregation members, ifthey so wished, to contribute one pence each. ***In March 2022 a professional valuation was made on Foord Road Church Hall and the Valuation is now deemed		to be	885,000
	Other Assets
	Other Assets with a purchase price in excess of81,000 with an estimated useful life of more than one year are capitalised			and written			off
	over their estimated useful life using the straight line method.

	NOTES		2023			2022
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
INCOMING RESOURCES				f	5	5	6
Collections -Cash and Bank		118,793	15,781	134,574	109,999	17,569	127,568
Gift Aid		23,054	2,513	25,567	24,085	3,078	27,	163
VOLUNTARY INCOME	2a	141,847	18,294	160,141	134,084	20,647	154,731
ACTIVITIES FOR GENERATING FUNDS	2b
Bank Interest		279		279	58			58
INCOME FROM INVESTMENTS	2c	279		279	58			58
Ladies Conference
Church Fun Day
Party in the Dark
Compassion			276	276		336		336
Mobile Comics Factory
Rent Received		6,145		6,145	3,393		3,393
Grants						2,150	2,150
Coffee Cash					175			175
Other
INCOME FROM CHURCH ACTIVITIES	2d	6,145	276	6,421	3,568	2,486	6,054
Miscellaneous
OTHER INCOMING RESOURCES	2e
TOTAL INCOMING RESOURCES		148,271	18,570	166,841	137,710	23,133	160,S43

					NOTES		2023	2023			2022
						Unrestricted	Restricted		Total	Unrestricted	Restdicted	Total
RESOURCES EXPENDED						6	F.
FUNDRAISING TRADING COSTS					3a
Building Running and		General		Maintenance		7,090			7,090	6,657		6,657
Cost ofServices						5,234			5,234	5,402		5,402
Hospitality and Gifts						2,969			2,969	1,851		1,881
insurance						9,005			9,005	7,754		7,754
Internship Expenditure
Leadership Development						4,714			4,714	2,448		2,448
MCF Expenditure
Oflice Expenditure						3,764			3,764	3,372		3,372
Personnel					4	68,707		-	68,707	67,599		67,599
Subscriptions						1,627			1,627	1,507		1,507
Sundry Expenditure
Telephone and Wi-Fi						1,142			1,142	1,315		1,315
CHURCH RUNNING		EXPENDITURE				104,252			104,252	97,935		97935
Light and Heat						3,331			3,331	17,948		17,945
Repairs and Renewals						3,256	3,214		6,470	1,706	12,150	13,886
Set-up Expenses and		Equipment				3,154			3,154	4,470		4,470
Water						2,104			2,104	395		395
CHURCH BUILDING		EXPENDITURE				11845	3	IH4	18069	24 519	12,180	36699
Allotment										420		420
Harbour Church Conferences				and Courses		4,007			4,007
Harbour Church Fun		Dsy				1,936			1,936
Harbour Church Winter			Shelter
One Off Activities						3,296			3,296	1,939		1,939
Party in the Dark
Youth and Children						4,836			4,836	3,392		3,392
Youth and Children	Grants						1,411		1,411	739		739
CHURCH ACTIVITY		EXPENDITURE				14,075	1,41I		15,486	6,490		6,490
Burkma Faso
Churches Together	Folkestone					267			267	70		70
Compassion UK								440	440		720	720
Folkestone Rainbow		Centre				300			300	300		300
School Gifts IWork								88	88		40	40
Hardship Fund							3,111		3,111		3,055	3,055
Austna										251		251
Goodchild						900			900	900		900
Baby Basics Folkestons							3,220		3,220		1,922	1,922
Romania							3,300		3,300	1,000	3,160	4,160
South East Summer		Camp				1,807			1,807	390		390
Limitless						2,244			2,244
Ukraine
MISSION EXPENDITURE						5,518	10,159		15677	2,911	8,897	11,808
TOTAL CHURCH EXPENDITURE					3b	135,690	14,784		150,474	131,855	21,077	152,932
AOG Contribution						1,197			1,197	1,197		1,197
Bank Charges						299			299	235		235
Legal and Professional			Fees			1,113			1,113	2,535		2,535
GOVERNANCE COSTS					3c	2609			2609	3,967		3,967
TOTALRESOURCES EXPENDED						138,299	14,784		153083	135,822	21.077	156,899

				NOTES		2023			2022	2022
					Unrestricted	Restricted	Total	Unrestricted	Restricted		Total
					f	5	f	5	6		6
WAGES AND SALARIES
Senior Pastor					25,071		25.071	24,648			24,648
Associate Pastor					15,001		15,001	14,563			14,563
Centre Manager					12,116		12,116	12,'l54			12,154
Pastor					11,430		11,430	11,237			11,237
Social Security Costs
Pension Costs					5,089		5,089	4,997			4,997
' = Trustee "=Connected Party					68,707		68,707	67,599			67,599
TRUSTEE EXPENSES
uun»g me year pure»sees Trustees and 2 connected		were macs oy» parties in respect of			33,064	3,465	36,549	22,343	2,720		25,063
»ut-of-pocket purchases	which were fully
reimbursed. f2022: 3Trustees and			2connected
m ci
					33,064	3,485	36,549	22,343	2,720		25,063
FIXED SETS
					Land 8 Buildings	FSF	Total	B lldi Land 8 uil ngs	FSf		Total
COST IVALUATION
Balance Brought Forward					198,020		198,020	198,020			198,020
Additions						7,555	7,555
Disposals
Balance Gamed Forward					198,020	7,555	205,575	198,020			198,020
DEPRECIATION
Balance Brought Forward
Charge for the Year
Eliminated on Disposal
Balance Carried Forward
NET BOOK VALUE
As at 30June 2022					198,020		198,020	198,020			198,020
As at 30June 2023					198,020	7,555	205575	198,020			198020
DEBTORSAND PREPAID EXPENSES				7	Unrestricted	Restricted	Total	Unrestricted	Restricted		Total
Gin Aid Recoverable					28,174	3,237	31,411	5,120		724	5,844
Other Debtors
Prepayments					2.321		2,321	1,912			1,912
					30,495	3,237	33,732	7,032		724	7,756
CREDITORS AND ACCRUALS				8	Unrestricted	Restricted	Total	Unrestricted	Restricted		Total
AOG Contnbution					1,198		1,198	1,198			1,198
Accruals					720		720	720			720
Taxation and Social Security					2,467		2,467	2,514			2,514
Other Creditors					149		149	171			171
					4,534		4,534	4,003			4,603

		NOTES	B/F 1July 2022	Income	Expenditure	Balance	Transfers	CIF30June
CHARITY FUNDS -2023		9
FREERESERVES			50,130	148,271	(135,145)	13,126	(2,970)	60,286
DESIGNATED FUNDS:
Foord Road Hall			30,000					30,000
St Ssviours Building			168,020					168,020
Property Cash			71,574		(3,154)	(3,154)	(3,437)	64,983
Property Total			269,594		(3,154)	(3,154)	(3,437)	263,003
Fixtures and Fittings							7,555	7,555
			269,594		(3,154)	(3,154)	4,117	270,558
UNRESTRICTED FUNDS			319724	148,271	138,299	9,972	1,148	330,844
RESTRICTED FUNDS
Romania				3,238	(3,300)	(62)	62
Missions			3,177	651	(528)	123	(2,227)	1,073
Buildings			257	11,127	(3,214)	7,913		8,170
Baby Basics			1,267	3.554	(3,220)	334		1,601
School Gifts
Youth and Children	Grant		1,411		(1,411)	(1,411)
Hardship Fund			2,094		(3,111)	(3,111)	1,017
			8,206	18,570	(14,784)	3,786	(1,148)	10,844
TOTAL FUNDS AS	AT 30JUNE 2023		327,930	166,841	153,083	13,758	0	341,688

		NOTES	B/F 1 July	Income	Expenditure	Balance	Transfers	C/F 30June
		9b
FREERESERVES			32,444	137,710	(129,646)	8,064	9,622	50,130
DESIGNATED FUNDS:
Foord Road Hall			30,000					30,000
St.Saviours Building			168,020					168,020
Property Cash			77,750		(6,176)	(6,176)		71,574
Property Total			275,770		(6,176)	(6,176)		269,594
Fixtures and Fittings
			275,770		(6,176)	(6,176)		269,594
UNRESTRICTED FUNDS			308,214	137,710	135,822	1,888	9,622	319724
RESTRICTED FUNDS
Romania			306	870	(3,160)	(2,290)	1,984
Missions			14,702	599	(720)	(121)	(11,404)	3,177
Buildings				12,437	(12,180)	257		257
Baby Basics			361	2,828	(1,922)	906		1,267
School Gifts				380	(40)	340	(340)
Youth and Children	Grant			2,150		2,150	(739)	1,411
Hardship Fund			403	3,869	(3,055)	814	877	2,094
			15,772	23,133	(21,077)	2,056	(9,622)	8,206
TOTAL FUNDS AS	AT 30JUNE 2022		323,986	160,843	156,899	3,944		327930