| Directors/Trustees | Directors/Trustees | Michele Tozer | ||
|---|---|---|---|---|
| Simon Watkins | ||||
| Tony Ballard (resigned | 02 | Nov '20) | ||
| Fay Shepheard (resignedd |
12 Nov | |||
| '20) | ||||
| Governing | document | Memorandum and Articles |
of | |
| Association dated 17May |
2011 | |||
| Registered | office | Skylarks, Brands Lane, | Lawshall | |
| Bury St Edmunds | ||||
| IP294SF | ||||
| Independent | Examiner | Independent Examiners |
Limited | |
| Sovereign Centre | ||||
| Yapton Lane | ||||
| Walberton | ||||
| BN18 OAS | ||||
| Contents | ||||
| Page | ||||
| 2 | Company information |
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| 3-5 | Trustees' report |
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| 6 | Independent Examiner's |
report | ||
| 7 | Statement of Financial | Activities | ||
| 8 | Balance Sheet | |||
| 9-15 | Notes to the Accounts |
account) |
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|---|---|---|---|---|---|---|---|---|
| Restricted | ||||||||
| Unrestricted | income | Prior year | ||||||
| funds | funds | Total funds | funds | |||||
| Income | Note 3 | |||||||
| Income from: | ||||||||
| Donations and legacies |
28,933 | 28,933 | 32,567 | |||||
| Charitable activities |
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| Other trading activities |
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| Investments | 205 | 205 | 545 | |||||
| Other | ||||||||
| Total | 29,138 | 29,138 | 33,112 | |||||
| Expenditure | Notes 4-5 | |||||||
| Expenditure on: |
||||||||
| Raising funds | ||||||||
| Charitable activities |
30,789 | 30,789 | 38,499 | |||||
| Other | ||||||||
| Total | 30,789 | 30,789 | 38,499 | |||||
| Net income/(expenditure) | before tax for the | |||||||
| reporting period |
1,651 | 1,651 | - | 5,387 | ||||
| Tax payable | ||||||||
| Net income/(expenditure) | after tax before | |||||||
| investment gains/(losses) |
1,651 | 1,651 | - | 5,387 | ||||
| Net gains/(losses) | on investments | |||||||
| Net income/(expenditure) | 1,651 | 1,651 | - | 5,387 | ||||
| Extraordinary items |
||||||||
| Transfers between | funds | |||||||
| Other recognised | gains/(losses): | |||||||
| Other gains/(losses) | ||||||||
| Net movement in | funds | 1,651 | 1,651 | - | 5,387 | |||
| Reconciliation of | funds: | |||||||
| Total funds brought | forward | 107,162 | 107,162 | 112,549 | ||||
| Total funds carried forward | 105,511 | 105,511 | 107,162 |
| Income Recognition ofincome |
These are included in the Statement of Financial Activities (SoFA) when: |
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|---|---|---|---|---|---|
| ~ the charity becomes entitled to the resources; |
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| ~ it is more likely than not that the trustees will |
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| receive the resources; | Yes* | No* | N/a* | ||
| ~ the monetary value can be measured with |
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| sufficient reliability. |
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| There has been no offsetting ofassets and liabilities, | or | Yes* | No* | N/a* | |
| Offsetting | income and expenses, unless required or permitted |
by | |||
| the FRS 102SORP or FRS 102. | |||||
| Grants, donations and volunteers |
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10to 5.12FRS102SORP). |
Yes* | No* | N/a* | |
| The Church relies significantly upon volunteers in |
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| carrying out its activities. The role ofvolunteers has |
not | ||||
| been recognised as income from donated services in |
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| the accounts, in accordance with paragraph 6.18of |
the | ||||
| Charities Sorp (FRS102). | |||||
| Gift Aid receivable is included in income when there |
is a | Yes* | No* | N/a* | |
| Tax | valid declaration from the donor. Any Gift Aid amount |
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| reclaims on | recovered on a donation is considered to be part of |
that | |||
| donations | gift and is treated as an addition to the same fund as |
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| and gifts | the initial donation unless the donor or the terms ofthe |
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| appeal have specified otherwise. | |||||
| Income | ThiS iS included in the accOuntS When reCeipt iS |
Yes* | No* | N/a* | |
| from | probable and the amount receivable can be measured |
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| interest | reliably. |
| Expenditure | and liabilities | and liabilities | and liabilities | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities are recognised where it is more likely that there isa legal or constructive obligation |
than not | Yes* | No* | N/a* | ||||||
| committing the charity to pay out resources and |
the | |||||||||
| amount ofthe obligation can be measured with |
||||||||||
| reasonable certaintv. |
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| Redundanc | The charity made no redundancy payments during |
the | Yes* | No* | N/a" | |||||
| y cost | reporting period. |
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| Deferred | No material item ofdeferred income has been |
included | Yes* | No | N/a* | |||||
| income | in the accounts. | |||||||||
| Creditors | The charity has creditors which are measured settlement amounts less any trade discounts |
at | Yes* | No* | N/a* | |||||
| A liability is measured on recognition |
at its historical | Yes* | No* | N/a* | ||||||
| Provisions | cost and then subsequently measured |
at the best | ||||||||
| for liabilities | estimate ofthe amount required to settle the obligation |
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| at the reporting date |
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| As ets | ||||||||||
| Tangible | These are capitalised ifthey can be used for more than |
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| fixed assets | one year, and cost at least | f100 | ||||||||
| for use by | Yes* | No* | N/a | |||||||
| charity | They are valued at cost. | |||||||||
| The depreciation rates and methods |
used are | disclosed | ||||||||
| in note 7. | ||||||||||
| Debtors (including trade debtors and |
loans receivable) | Yes* | No* | N/a* | ||||||
| are measured on initial recognition at |
settlement | |||||||||
| Debtors | amount after any trade discounts or amount advanced | |||||||||
| by the charity. Subsequently, they are measured |
at the | |||||||||
| cash or other consideration expected |
to be received. | |||||||||
| income | ||||||||||
| Un- | Restricts | Endow- | ||||||||
| Analysis ofincome | restricted | d | income | ment | Total | |||||
| funds | funds | funds | funds | Prior | year | |||||
| Donations and leaacies: |
Donations and gifts Gift Aid |
23,505 5,428 |
23,505 5,428 |
26,801 5,766 |
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| Total | 28,933 | 28,933 | 32,567 | |||||||
| Charitable | Proceeds from Every Day with | |||||||||
| activities: | Jesus Bible Notes | |||||||||
| Communi flower 8 hobbies |
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| Total | ||||||||||
| Income | Interest income | 205 | 205 | 545 | ||||||
| from | Other | |||||||||
| investments | Total | 205 | 205 |
| Other. | Conversion | of | |||||
|---|---|---|---|---|---|---|---|
| endowment | funds | into | |||||
| income | |||||||
| Other | |||||||
| Total | |||||||
| TOTAL | INCOME | 29,138 | 29,138 | 33,112 |
| Analysis of | Un- | Restricte | Endow- | |||||
|---|---|---|---|---|---|---|---|---|
| expenditure | restricted funds |
d income funds |
ment funds |
fundsf | Prior year | |||
| Expenditure | Pastorate (staff costs) | |||||||
| on | ||||||||
| charitable | ||||||||
| activities | 14,371 | 14,371 | 12,975 | |||||
| Evangelism | 2,089 | |||||||
| Affiliations | 320 | 320 | 1,503 | |||||
| Mission, Gifts & | ||||||||
| donations | 6,429 | 6,429 | 7,533 | |||||
| Special groups | 768 | |||||||
| Worship expenses | 1,912 | 1,912 | 1,963 | |||||
| Pastoral care | 1,200 | 1,200 | 475 | |||||
| Governace 8 Training | 1,126 | 1,126 | ||||||
| Administration | 423 | 423 | 1,259 | |||||
| Venue expenses | 3,988 | 3,988 | 8,700 | |||||
| Depreciation | 1,020 | 1,020 | 1,234 | |||||
| Total expenditure on charitable activities |
30,789 | 30,789 | 38,499 | |||||
| TOTAL EXPENDITURE | 30,789 | - | - | 30,789 | 38,499 | |||
| Included | in | governance costs isF705fees for an independent |
examination | ofthe | accounts (prev admin). |
| aupg | |||||
|---|---|---|---|---|---|
| No employees | received employee | benefits (excluding | employer | pension costs | for the |
| Average head | count in the year | This year Number |
Last year Number |
||
| Charitable Activities |
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| Governance | |||||
| Other | |||||
| Total |
| ntributi | on pension scheme or defined benefit sch |
eme account | ed for as |
|---|---|---|---|
| Dermed | contribution scheme |
inis year | i ast year |
| Amount | ofcontributions reco nised in the SOFA as an |
365 | 175 |
| Freehold | Other | Plant, | Fixtures, | Total | |||
|---|---|---|---|---|---|---|---|
| land & | land & | machinery | fittings and | ||||
| building | building | and | equipment | ||||
| s | s | motor | |||||
| vehicles | |||||||
| At the beginning | ofthe | 15,449 | 15,449 | ||||
| ear | |||||||
| Additions | 375 | 375 | |||||
| Revaluations | |||||||
| Dis osals | |||||||
| Transfers | |||||||
| At end ofthe | ear | 15,824 | 15,824 |
| Basis | Straight | |||||
|---|---|---|---|---|---|---|
| line | ||||||
| Rate | 5to20 | |||||
| ears | ||||||
| Atbe innin |
ofthe | ear | 8,875 | 8,875 | ||
| Dis osals | ||||||
| De reciation | 1,020 | 1,020 | ||||
| Im airment | ||||||
| Transfers | ||||||
| At end ofthe | ear | 9,895 | 9,895 | |||
| Net book value | ||||||
| Net book value at | the beginning | of | 0 | 6,574 | 6,574 | |
| the ear |
| ischarged in the year an asset is purchased, and no deprec d prepayments Analysis ofdebtors |
iation is charged in t |
he year ofits di | sposal. |
|---|---|---|---|
| This year | Last year | ||
| Trade debtors | |||
| Prepa ments and accrued income" |
5,430 | 5,740 | |
| Other debtors | |||
| «Gift Aid payment | Total | 5,4 | , 4 |
| k an | d | in h | and | |||||
|---|---|---|---|---|---|---|---|---|
| This year | Last year | |||||||
| Cash | at | bank | and | on | hand | 94,901 | 95,596 | |
| Other | ||||||||
| Total |
| nd accruals Analysis ofcreditors |
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|---|---|---|---|---|---|---|---|
| Amounts | falling | Amounts | falling due | ||||
| due within | one | after more | than one | ||||
| ear | ear | ||||||
| This | Last | This year | Last year | ||||
| year | year | ||||||
| Accruals for grants | |||||||
| a able | |||||||
| Bank loans and | |||||||
| overdrafts | |||||||
| Trade creditors | |||||||
| Accruals and deferred | |||||||
| income | 750 | 750 | |||||
| Taxation and social | |||||||
| securi | |||||||
| Other creditors | |||||||
| ota |
| Funds | Funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Purpose and | brought | Expend- | Trans- | Gains and | carried | ||||
| Restrictions | forward | Income | iture | fers | losses | forward | |||
| Fund names | |||||||||
| General | |||||||||
| purpose | fund | Unrestricted | 27,092 | 28,948 | -24,121 | 1,879 | 33,798 | ||
| Designated for Christian |
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| work and ministries | other | ||||||||
| than those ofHorringer | |||||||||
| Court Community | |||||||||
| Mission | fund | Church. | 1,008 | 0 | -5,150 | 5,235 | 1,093 | ||
| Unrestricted- | |||||||||
| Designated for the |
|||||||||
| support of individuals | or | ||||||||
| Pastor's | families with needs | of | |||||||
| discretionary | which the Pastor | ||||||||
| fund | becomes aware. | 353 | 0 | -1,518 | 1,584 | 419 | |||
| Unrestricted- | |||||||||
| Designated for |
|||||||||
| procurement ofpremises |
|||||||||
| within which Horringer | |||||||||
| Court Community | |||||||||
| Buildin | fund | Church mi ht function. |
78,710 | 190 | -8,700 | 70,200 | |||
| 107,163 | 29,138 | -30,789 | 105,510 |
| to the acc | ounts | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted— | |||||||
| Designated for Christian |
|||||||
| work and ministries | other | ||||||
| than those of Horringer | |||||||
| Court Community | |||||||
| Mission fund | Church. | 1,608 | 0 | -5,650 | 5,050 | 1,008 | |
| Unrestricted- | |||||||
| Designated for the |
|||||||
| support of individuals | or | ||||||
| Pastor's | families with needs |
of | |||||
| discretionary | which the Pastor | ||||||
| fund | becomes aware. | 649 | 100 | -1,781 | 1,385 | 353 | |
| Designated for |
|||||||
| procurement ofpremises |
|||||||
| within which Horringer |
|||||||
| Court Community | |||||||
| Building fund | Church mi ht function. |
78,209 | 501 | 78,710 | |||
| 12,54 | 3,1 | ,4 8 |