## **Hasbury Christian Fellowship** 

## **End of Year Financial Statements** 

## **Year ending 2021** 

## • **Introduction** 

- During 2021, the church’s activities were still significantly impacted by Covid restrictions.  Therefore 2021 was not a typical year and financial turnover was significantly reduced. 

- Income is down by £1496 over the previous year. Expenditure increased by £685 over the previous year. This was due to extra one off gifts to Paul Chandran and Hands At Work in response to specific difficulties arising from the pandemic impact in India and Africa. 

- No depreciation has been applied to the minibus this year due to the increased value of used vehicles as a result of high demand and limitations in the supply of new vehicles. 

- We have continued to give or increased our regular financial support for 

   - Joy Howell and her work in Hasbury and Halesowen 

   - Paul Willmott and his work in local schools; 

   - Paul Chandren and his work in Karola, South India; 

   - Richard Chalklen and his work in South Africa; 

   - Rachel Newby and her work in the Democratic Republic of Congo; 

   - Hand At Work and their work in Africa. 

   - Mission Aviation Fellowship. 

- Room hire- Income generated totaled £2454 as room hire started to recover towards the end of the year.  This is down on a typical annual income of around £6000. 

Overall, the year has seen a deficit of £3,140 

## • **Conclusion** 

Overall, income is lagging behind spending and capital reserves are being depleted. 

Current cash reserves are 162% of annual income which is adequate for safe operation, but we are mindful of the continuing trend of falling income over the recent years and potential impact of this on reserves.  Moves are in place to avoid the possibility of future deficits. 

This report dated: May 2022 

_Page 1_ 



## **Hasbury Christian Fellowship** 

## **Accounts** 

## **Year ending 2021** 

## **Statement of Financial Activities** 

|**Unrestricted RestrictedEndowment**<br>**Total Prior year**<br>**funds**<br>**funds**<br>**funds**<br>**fundstotal funds**|**Unrestricted RestrictedEndowment**<br>**Total Prior year**<br>**funds**<br>**funds**<br>**funds**<br>**fundstotal funds**|
|---|---|
|**Income and endowments from:**||
|Donations, Legacies and similar incoming<br>resources|27,063<br>955<br>—<br>28,018<br>27,580|
|Investments|62<br>—<br>—<br>62<br>130|
|Other income|2,454<br>—<br>—<br>2,454<br>4,320|
|**Total income**|**29,579**<br>**955**<br>**—**<br>**30,534**<br>**32,031**|
|||
|**Expenditure on:**||
|Activities in furtherance of the charity's objects|33,675<br>—<br>—<br>33,675<br>35,681|
|**Total expenditure**|**33,675**<br>**—**<br>**—**<br>**33,675**<br>**35,681**|
|||
|**Net income / (expenditure) resources**<br>**before transfer**|**(4,095)**<br>**955**<br>**—**<br>**(3,140)**<br>**(3,650)**|
|||
|**Transfers**||
|Gross transfers between funds - in|100<br>—<br>—<br>100<br>—|
|Gross transfers between funds - out|(100)<br>—<br>—<br>(100)<br>—|
|**Other recognised gains / losses**||
|Gains / losses on investment assets<br>|—<br>—<br>—<br>—<br>—|
|Gains on revaluation, fxed assets, charity's<br>own use|—<br>—<br>—<br>—<br>—|
|**Net movement in funds**|**(4,095)**<br>**955**<br>**—**<br>**(3,140)**<br>**(3,650)**|
|||
|**Total funds brought forward**|**554,061**<br>**342**<br>**—**<br>**554,404**<br>**558,054**|
|||
|**Total funds carried forward**|**549,966**<br>**1,297**<br>**—**<br>**551,263**<br>**554,404**|
|||
|**Represented by**||
|||
|**Unrestricted**||
|General fund|82,589<br>—<br>—<br>82,589<br>86,467|
|||
|**Designated**||
|Lunch Club|478<br>—<br>—<br>478<br>599|
|Fixed Assests|466,643<br>—<br>—<br>466,643<br>466,643|
|Thursday at 2|255<br>—<br>—<br>255<br>351|
|||
|**Restricted**||
|Fixed Assests|—<br>(227)<br>—<br>(227)<br>(227)|
|Hands At Work|—<br>1,525<br>—<br>1,525<br>570|



_Page 1_ 



## **Balance sheet** 

|**Class and code**<br>**Description**|**This year**<br>**Last year**|
|---|---|
|||
|||
|**Fixed assets**||
|1301<br>Minibus Ford 2004|—<br>—|
|1303<br>Buildings|445,338<br>445,338|
|1304<br>Contents|26,995<br>26,995|
|1305<br>Minibus Peugeot 2019|24,227<br>24,227|
|1306<br>Minibus Peugeot 2016|—<br>—|
|**Total Fixed assets**|**496,560**<br>**496,560**|
|||
|**Current assets**||
|1401<br>HSBC Acc 20388106|13,576<br>16,116|
|1403<br>Cash in hand|76<br>164|
|1406<br>HSBC Business deposit acc|10,802<br>10,801|
|1407<br>Stewardship Deposit|30,863<br>30,801|
|**Total Current assets**|**55,318**<br>**57,883**|
|||
|**Liabilities**||
|6699<br>Agency collections|615<br>40|
|**Total Liabilities**|**615**<br>**40**|
|||
|**Net Asset surplus(defcit)**|**551,263**<br>**554,404**|
|||
|**Reserves**||
|Excess / (defcit) to date|(3,140)<br>(3,650)|
|Z01<br>Starting balances|554,404<br>558,054|
|Z02<br>Gains/(losses) on investment assets|—<br>—|
|**Total Reserves**|**551,263**<br>**554,404**|
|||
|||
|**Represented by funds**||
|Unrestricted|82,589<br>86,467|
|Designated|467,376<br>467,594|
|Restricted|1,297<br>342|
|Endowment|—<br>—|
|**Total**|**551,263**<br>**554,404**|
|||



## **Statement of assets and liabilities** 

|**year**|**GeneralDesignatedRestrictedEndowmentThis year**<br>**Last**|
|---|---|
|**Fixed assets - Tangible assets**||
|Minibus Ford 2004 - Hasbury Christian<br>Fellowship|(3,504)<br>3,732<br>(227)<br>—<br>—<br>—|
|Buildings - Hasbury Christian Fellowship|—<br>445,338<br>—<br>—<br>445,338<br>445,338|
|Contents - Hasbury Christian Fellowship|—<br>26,995<br>—<br>—<br>26,995<br>26,995|
|Minibus Peugeot 2019 - Hasbury<br>Christian Fellowship|—<br>24,227<br>—<br>—<br>24,227<br>24,227|
|Minibus Peugeot 2016 - Hasbury<br>Christian Fellowship|10,000<br>(10,000)<br>—<br>—<br>—<br>—|
|**Totals**|**6,495**<br>**490,293**<br>**(227)**<br>**—**<br>**496,560**<br>**496,560**|
|||
|**Current assets - Cash at bank and in**<br>**hand**||
|HSBC Acc 20388106 - Hasbury Christian<br>Fellowship|34,331<br>(22,895)<br>2,140<br>—<br>13,576<br>16,116|
|Cash in hand - Hasbury Christian<br>Fellowship|97<br>(20)<br>—<br>—<br>76<br>164|
|HSBC Business deposit acc - Hasbury<br>Christian Fellowship|10,802<br>—<br>—<br>—<br>10,802<br>10,801|
|Stewardship Deposit - Hasbury Christian<br>Fellowship|30,863<br>—<br>—<br>—<br>30,863<br>30,801|
|**Totals**|**76,094**<br>**(22,916)**<br>**2,140**<br>**—**<br>**55,318**<br>**57,883**|
|||
|**Liabilities - Agency accounts**||



_Page 2_ 



|Agency collections - Hasbury Christian<br>Fellowship|—<br>—<br>615<br>—<br>615<br>40|
|---|---|
|**Totals**|**—**<br>**—**<br>**615**<br>**—**<br>**615**<br>**40**|
|||
|**Grand total**|**82,589**<br>**467,376**<br>**1,297**<br>**—**<br>**551,263**<br>**554,404**|



## **Fund movement by type** 

## **Opening Incoming Outgoing TransfersGains/losses Closing** 

||**Opening Incoming Outgoing TransfersGains/losses Closing**|
|---|---|
|**HAW - Hands At Work**||
|Restricted|570<br>955<br>—<br>—<br>—<br>1,525|
|**Sub-total for HAW**|**570**<br>**955**<br>**—**<br>**—**<br>**—**<br>**1,525**|
|||
|**Thurs-at-2 - Thursday at 2**||
|Designated|351<br>—<br>96<br>—<br>—<br>255|
|**Sub-total for Thurs-at-2**|**351**<br>**—**<br>**96**<br>**—**<br>**—**<br>**255**|
|||
|**General - General fund**||
|Unrestricted|86,467<br>29,308<br>33,286<br>100<br>—<br>82,589|
|**Sub-total for General**|**86,467**<br>**29,308**<br>**33,286**<br>**100**<br>**—**<br>**82,589**|
|||
|**Property - Fixed Assests**||
|Designated|466,643<br>—<br>—<br>—<br>—<br>466,643|
|Restricted|(227)<br>—<br>—<br>—<br>—<br>(227)|
|**Sub-total for Property**|**466,415**<br>**—**<br>**—**<br>**—**<br>**—**<br>**466,415**|
|||
|**Lunchclub -  Lunch Club**||
|Designated|599<br>271<br>292<br>(100)<br>—<br>478|
|**Sub-total for Lunchclub**|**599**<br>**271**<br>**292**<br>**(100)**<br>**—**<br>**478**|
|||
|**Grand total**|**554,404**<br>**30,534**<br>**33,675**<br>**—**<br>**—**<br>**551,263**|
|||



## **Analysis of income and expenditure** 

|**Total**<br>**Unrestricted**<br>**Designated**<br>**Restricted**<br>**Endowment**<br>**This year**<br>**Last year**<br>**INCOME AND ENDOWMENTS**<br>**Donations, Legacies and similar incoming resources**<br>Cash gifts<br>2,737<br>—<br>—<br>—<br>2,737<br>941<br>Gift Aid Cash<br>50<br>—<br>—<br>—<br>50<br>—<br>Gift Aid SO<br>9,214<br>—<br>—<br>—<br>9,214<br>13,612<br>Misc gifts<br>11,165<br>—<br>—<br>—<br>11,165<br>10,025<br>Tax Refund<br>3,504<br>—<br>—<br>—<br>3,504<br>936<br>special appeal collection<br>—<br>—<br>—<br>—<br>—<br>—<br>Lunch Club Gifts<br>—<br>271<br>—<br>—<br>271<br>228<br>Little Fishes Gifts<br>120<br>—<br>—<br>—<br>120<br>327<br>Gifts for Hands at Work<br>—<br>—<br>955<br>—<br>955<br>1,510<br>Total<br>26,791<br>271<br>955<br>—<br>28,018<br>27,580<br>**Investments**<br>Interest<br>62<br>—<br>—<br>—<br>62<br>130<br>Total<br>62<br>—<br>—<br>—<br>62<br>130<br>**Other income**<br>Room hire<br>2,454<br>—<br>—<br>—<br>2,454<br>2,365<br>Quidco<br>—<br>—<br>—<br>—<br>—<br>—<br>Solar Feed in tarif<br>—<br>—<br>—<br>—<br>—<br>1,955<br>Other incme<br>—<br>—<br>—<br>—<br>—<br>—|**Total**<br>**Unrestricted**<br>**Designated**<br>**Restricted**<br>**Endowment**<br>**This year**<br>**Last year**<br>**INCOME AND ENDOWMENTS**<br>**Donations, Legacies and similar incoming resources**<br>Cash gifts<br>2,737<br>—<br>—<br>—<br>2,737<br>941<br>Gift Aid Cash<br>50<br>—<br>—<br>—<br>50<br>—<br>Gift Aid SO<br>9,214<br>—<br>—<br>—<br>9,214<br>13,612<br>Misc gifts<br>11,165<br>—<br>—<br>—<br>11,165<br>10,025<br>Tax Refund<br>3,504<br>—<br>—<br>—<br>3,504<br>936<br>special appeal collection<br>—<br>—<br>—<br>—<br>—<br>—<br>Lunch Club Gifts<br>—<br>271<br>—<br>—<br>271<br>228<br>Little Fishes Gifts<br>120<br>—<br>—<br>—<br>120<br>327<br>Gifts for Hands at Work<br>—<br>—<br>955<br>—<br>955<br>1,510<br>Total<br>26,791<br>271<br>955<br>—<br>28,018<br>27,580<br>**Investments**<br>Interest<br>62<br>—<br>—<br>—<br>62<br>130<br>Total<br>62<br>—<br>—<br>—<br>62<br>130<br>**Other income**<br>Room hire<br>2,454<br>—<br>—<br>—<br>2,454<br>2,365<br>Quidco<br>—<br>—<br>—<br>—<br>—<br>—<br>Solar Feed in tarif<br>—<br>—<br>—<br>—<br>—<br>1,955<br>Other incme<br>—<br>—<br>—<br>—<br>—<br>—|
|---|---|
||—<br>—<br>955<br>—<br>955<br>1,510|
||26,791<br>271<br>955<br>—<br>28,018<br>27,580|
||62<br>—<br>—<br>—<br>62<br>130|
||62<br>—<br>—<br>—<br>62<br>130<br>2,454<br>—<br>—<br>—<br>2,454<br>2,365<br>—<br>—<br>—<br>—<br>—<br>—<br>—<br>—<br>—<br>—<br>—<br>1,955|
||—<br>—<br>—<br>—<br>—<br>—|
|Total|2,454<br>—<br>—<br>—<br>2,454<br>4,320|



_Page 3_ 



**INCOME TOTAL** 29,308 

271 955 — 

30,534 32,031 

## **EXPENDITURE** 

|**Activities in furtherance of**<br>Catering<br>Cleaning<br>Electricity<br>Gas<br>Insurance - church<br>Phone,Post,Stationer<br>Water<br>Mini bus fuel<br>Minibus general<br>Building maint & rep<br>Support L Hardwick<br>Support R. Chalklem<br>Support Rachel Newby<br>Other Speakers<br>Equipment<br>Sunday school<br>Other Gifts<br>Sundry Expenses<br>Admin and Management<br>bank charges<br>Christian Child Protect Agency<br>Support Paul Chandran<br>Support Paul Willmot<br>Lunch Club Expenditure<br>Hands At Work<br>Support Mission Aviation<br>Fellowship<br>Youth, Children's & Outreach<br>depreciation<br>Net Salaries<br>NI - Employee<br>NI - Church<br>Income Tax<br>Pension Payments - Employee<br>Pension Payments - Church|**the charity's objects**<br>187<br>—<br>—<br>—<br>187<br>327<br>137<br>—<br>—<br>—<br>137<br>212<br>732<br>—<br>—<br>—<br>732<br>896<br>1,524<br>—<br>—<br>—<br>1,524<br>19<br>1,730<br>—<br>—<br>—<br>1,730<br>1,633<br>441<br>—<br>—<br>—<br>441<br>397<br>121<br>—<br>—<br>—<br>121<br>119<br>55<br>—<br>—<br>—<br>55<br>124<br>1,267<br>—<br>—<br>—<br>1,267<br>1,140<br>1,027<br>—<br>—<br>—<br>1,027<br>1,676<br>—<br>—<br>—<br>—<br>—<br>—<br>960<br>—<br>—<br>—<br>960<br>840<br>720<br>—<br>—<br>—<br>720<br>720<br>—<br>—<br>—<br>—<br>—<br>—<br>53<br>—<br>—<br>—<br>53<br>2,133<br>—<br>—<br>—<br>—<br>—<br>—<br>2,009<br>158<br>—<br>—<br>2,167<br>3,746<br>1,184<br>—<br>—<br>—<br>1,184<br>527<br>612<br>—<br>—<br>—<br>612<br>662<br>10<br>—<br>—<br>—<br>10<br>2<br>129<br>—<br>—<br>—<br>129<br>193<br>2,765<br>—<br>—<br>—<br>2,765<br>860<br>780<br>—<br>—<br>—<br>780<br>690<br>—<br>230<br>—<br>—<br>230<br>188<br>3,750<br>—<br>—<br>—<br>3,750<br>3,150<br>960<br>—<br>—<br>—<br>960<br>860<br>74<br>—<br>—<br>—<br>74<br>62<br>—<br>—<br>—<br>—<br>—<br>2,691<br>9,215<br>—<br>—<br>—<br>9,215<br>9,063<br>279<br>—<br>—<br>—<br>279<br>276<br>—<br>—<br>—<br>—<br>—<br>—<br>2,188<br>—<br>—<br>—<br>2,188<br>1,986<br>163<br>—<br>—<br>—<br>163<br>212|
|---|---|
||204<br>—<br>—<br>—<br>204<br>265|
|Total|33,286<br>388<br>—<br>—<br>33,675<br>35,681|
|**EXPENDITURE TOTAL**|33,286<br>388<br>—<br>—<br>33,675<br>35,681|
|||
|**GRAND TOTAL**|(3,978)<br>(117)<br>955<br>—<br>(3,140)<br>(3,650)|



_Page 4_ 



## **HASBURY CHRISTIAN FELLOWSHIP** 

## **26 ALBERT ROAD** 

## **HALESOWEN** 

## **WEST MIDLANDS** 

# **B63 4SW** 

# **Registered Charity No 1140466** 

## **STATEMENT OF ACCOUNT** 

# **AND** 

**INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31 DECEMBER 2021** 

**Luke Silver Accountancy & Taxation Services 12 Oliver Street Pontypridd Mid Glamorgan CF37 2RD** 

**Mobile: 07710 456376** 

**E-mail: luke-silver@puresilver.org.uk** 



**INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** 

## **Receipts and Payments Accounts** 

## **Report to the trustees/members of Hasbury Christian Fellowship** 

## **Registered Charity number 1140466** 

## **On the accounts for the year ended 31 December 2021** 

## **Set out on the following pages** 

## **Respective responsibilities of trustees and 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: 

- Examine the accounts (under section 145 of the 2011 Act; 

- To follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act; and 

- 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 Commissioners.  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 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 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: 

- (1) which gives me reasonable cause to believe that in any material respect the requirements 

   - to keep accounting records in accordance with section130 of the 2011 Act; and 

   - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the  2011 Act 

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. 

## **Signed** _L A Silver_ 

## **Date: 14 June 2022** 

**Luke Silver** HNC Business & Finance / Accountancy Practitioner 

- 12 Oliver Street, Pontypridd, Mid Glamorgan. CF37 2RD 



## **HASBURY CHRISTIAN FELLOWSHIP** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021** 

## **ACTIVITIES REVIEW** 

The financial results are set out in the enclosed accounts. 

The principal activity throughout the year under review was that of the advancement of the Christian faith and the extension of the Kingdom of God 

## **TRUSTEES** 

**Kevin Hartle** , (Chairman) 16 St Kenelms Avenue, Halesowen, West Midlands. B63 1DW Tel:0121 550 5714 

**David Morris,** 38 St Margarets Avenue, Halesowen, West Midlands, B63 4BX Tel: 0121 503 0464 

**Leslie Morris,** 10 Longmore Road, Halesowen, West Midlands. B63 1AW Tel: 0121 550 4698 

**Jeremy Howell,** 2c Bournes Hill, Halewowen, West Midlands. B63 4DZ Tel: 0121 501 2851 

## **STATEMENT** 

We certify that the books, vouchers and information produced to enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief. 

## **SIGNED ON BEHALF OF THE TRUSTEES** 

Please print name ________________________________    Date _____________ 



**INDEPENDENT EXAMINER’S REPORT TO TRUSTEES** 

## **INTRODUCTION** 

Thank you for submitting the accounts for independent examination. 

## **CHARITY LAW AND FINANCIAL REGULATIONS** 

The independent examination has been carried out in accordance with The Charities (Accounts and Reports) Regulations 1995 (Statutory Instruments No 2724) and the Accounting by Charities Statement of Recommended Practice (SORP) 

## **SIGNING OF ACCOUNTS** 

I shall be obliged if you will please forward a copy of the signature page for my records after the accounts have been signed by a representative appointed by the Trustees and Church Council.  A spare copy is enclosed. 

## **CONCLUSION** 

There are no other matters I feel need to be brought to your attention. 

Please do not hesitate to contact me for clarification of for further assistance. 

## **Luke A Silver** 

## **14 June 2022**