Colwall Community Church 

Report of the Trustees and Unaudited Financial Statements For the Year Ended 31[st] December 2020 

Registered Company Number: 07737315 Registered Charity Number: 1143657 



## **Contents of the Financial Statements** 

For the year ended 31[st] December 2020 

||Page|
|---|---|
|Report of the Trustees|1 to 5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8 to 9|
|Notes to the Financial Statements|10 to 18|





Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

## **REPORT OF THE TRUSTEES** 

For the year ended 31[st] December 2020 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2020. The accounts have been prepared in accordance with the provisions applicable to the small companies regime and in accordance with FRS102 Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard (FRS) 102. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Registered Company number** 

07737315 (England and Wales) 

## **Registered Charity number** 

1143657 

## **Registered address** 

Colwall Community Church Walwyn Road Colwall MALVERN WR13 6QG 

## **Trustees** 

The following Directors and Trustees served during the year 

Ms FM Ballard Mr JS Lloyd Mr R Short Mr R Kennell (appointed July 2020) Mr B Levings (appointed July 2020, resigned January 2021) 

## **Banks** 

Santander CAF Bank Monmouthshire Building Society 

## **Independent examiner** 

Luke Keegan Chartered Management Accountant Greendawn Accounting Limited 1A The Homend Ledbury Herefordshire HR8 1BN 

1 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

## **REPORT OF THE TRUSTEES (CONT)** 

## **1. Purposes of the Charity** 

The mission of the church is to bless and serve the people of the village of Colwall and specifically the purposes of the Charity are threefold; 

- i) to advance the Christian faith in accordance with our statement of belief, primarily, but not exclusively, within the village of Colwall, Herefordshire, and the surrounding area; 

- ii) to assist and support persons who are in conditions of need, hardship or distress or who are sick or in poor health; 

- iii) to advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the word providing they are not in conflict with (i) above. 

## **2. Governance and Structure** 

## **Governing document** 

Colwall Community Church is a charitable, not for profit company limited by guarantee. It is a registered company under the Companies Act (Company Number : 07737315) and is a registered charity (Charity Number: 1143657). 

The management of the charity is undertaken by the board of Trustees. 

It is considered that the Trustees and any other person who could be understood to be “managers” in the activities and affairs of the church are deemed to be “fit and proper” persons under the terms of the Finance Act 2010. Trustee training is available as and when required/requested. 

The Trustees are aware of the Charity Commission’s guidance in respect of Public Benefit in their publication “The Advancement of Religion for Public Benefit” and have regard to it in their administration of the church. 

Following the review of the Statement of Beliefs of the church which are contained in a Schedule to the Articles of Association and authorisation to formally amend them, referred to in last year’s Annual Report, the changes were formally adopted and registered with Companies House and the Charity Commission in May 2020. 

The church is affiliated to Salt & Light UK, a family of churches with a shared vision. 

The spiritual and social outreach activities of the Church are led by a Leadership Team made up of three couples: 

Tom & Sarah Jarratt Roger & Katherine Kennell Jon & Gillian Lloyd 

There have been significant developments affecting the Leadership team during 2020.  It was agreed that Tom and Sarah Jarratt take sabbatical leave from 1st March 2020, Tom until 31 August and Sarah until 31 December. Tom returned to the team on 1st September but on a voluntary rather than paid basis. 

With regard to the church, with the exception of paid hours undertaken by Tom Jarratt and the administrator Claire Dobson who continued to work her regular 21 hours a week, all activities and governance through the year under review were undertaken on a voluntary basis. 

2 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

Last year’s report made reference to the appointment of Alice Hill to run the Colwall Youth Project and that she took up her post on 16th December 2019. Her post is fully funded by BBC Children in Need. The Project is run by the church but managed by a Management Board under agreed terms of reference.  The Project finances are kept entirely separate in a separate bank account, the funds of which are restricted. 

Additional funds from other grant making organisations were received enabling the appointment of paid part-time assistant youth workers.  The paid youth workers were supported by a number of volunteers. 

## **Review of the Year’s Activities** 

## Worship and spiritual life 

From lockdown in March Sunday morning services at Colwall Primary School have not been possible. Virtual services via Zoom were started immediately and have been well supported, settling at an average of 30 to 40 participants. There has been a regular time for children before the adult Sunday morning service, and an occasional all age service, including one in September when we were able to meet at the St James Anglican parish church. The church held a successful streamed carol service. 

There have been regular virtual meetings of house groups and prayer groups and at the end of the year weekly Sunday evening meetings for young people of secondary school age were started, initially virtually. 

## Our building 

Our Walwyn Road church building is maintained in good order. The use of the building changed dramatically due to Covid.  Throughout the year from first lockdown the trustees have overseen ongoing assessment of government guidance and the development of procedures to ensure compliance.  It was possible to have only occasional meetings.  In the summer following rigorous risk assessment and agreement of procedures it was possible for the youth team to use the building as an administrative base and for some one to one support. 

The Silver Street building has continued to be used by a local charity People in Motion as a space for sorting clothes and other donations for the refugees they support. Before lockdown the church office was relocated from Silver Street into the Walwyn Road building. 

In October 2020 the church completed the purchase of Laboratory Cottage and those parts of the Silver Street site not already owned by the church. This was done to consolidate the site and give greater flexibility as we continue to look at options for long term development. 

## Activities within the Community 

Sadly, due to Covid, all regular outreach to the local community had to be suspended until it is safe to resume in compliance with government guidance. 

The exception has been the Youth Project which has flourished despite all the limitations imposed by Covid. By the end of the year the Project was actively supporting 70 young people through a combination of small groups and one to one contact and was making a real difference to their lives. The team and trustees have been active in pursuing funding to enable the Project to be sustained and to grow. 

## **3. Risk Assessment.** 

The Trustees recognise that in relation to ‘Risk Assessment’, risk is defined as ‘the threat of any action or event which will adversely affect an organisation’s ability to achieve its objectives and execute its strategies’. They also accept that the term ‘risk’ can include any circumstances that may, or do, have an adverse effect, and is wider than financial matters.  ‘Risks’ relate not only to the negative consequences of a threat, but also to the impact of not taking advantage of opportunities. 

3 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

This year the real risks presented by Covid have been addressed professionally and all activities of the church and the Youth Project have been assessed before any activity has been able to take place and conducted subject to clear procedures. There was no case of Covid affecting staff, volunteers or participants in any activity. 

The Trustees recognise that a practical Health and Safety Policy is required covering activities for both the church and its surround grounds to which the public have access.  This is reviewed on a regular basis.  An Accident Book is maintained. 

The contents and the obligations of the Equality Act 2010 and the provisions of the  General Data Protection Regulation are known and complied with to the best of the Trustees’ ability. 

The Trustees are aware of the church’s responsibilities in respect of the Regulatory Reform (Fire Safety) Order 2005 in its requirement to carry out a fire assessment to identify any possible dangers and risks, to take action to minimise the risks and to create a plan to deal with any emergencies, and also to write up and keep a record of its findings and to review its assessment annually.  These responsibilities are carried out by Freda Ballard on behalf of the Trustees. A full electrical inspection was carried out in 2020 

There is a Safeguarding Policy in place in respect of children and vulnerable adults.  Checks have been and are made with the Disclosure and Barring Service in respect of persons dealing regularly with young people and vulnerable adults. The Trustees’ appointed officer for Safeguarding is Roger Kennell.  Any safeguarding concerns have been dealt with promptly and professionally.   Whilst it is impossible to eliminate all risks and their consequences, efforts are constantly made to minimise such occurrences. 

## **4. Financial Statement** 

During 2020 as a result of Covid Voluntary Income saw a modest reduction but this was balanced by reduced expenditure as activity was curtailed.  The Trustees wish to thank all those who have generously contributed to Colwall Community Church during this time. 

All funding of the youth project (including the BBC Children in Need grant) is held in a separate restricted bank account. A new dual authority Youth Account was opened at CAF Bank. 

The arrangement noted in last year’s report for management of the finances by Jon Lloyd as Finance Director and Joanna Worrall as part time paid Finance officer has worked well. 

The finances of Colwall Community Church are in good order and with the continuing financial support of its members we are able to be positive as we look forward to life beyond Covid with regard to the church buildings and the church’s mission to the local community and especially the young people accessing the Youth Project. 

## **5. Reserves Policy** 

The Trustees are aware of their continuing financial responsibilities in respect of  Colwall Community Church and seek to maintain a minimum of three months average expenditure to be available to meet current liabilities and unexpected expenditure with remaining funds being held on safe interest bearing deposit accounts 

At the end of the year the reserves held unrestricted cash balances of £22,703, which represented about 5 months of 2020 expenditure. 

## **6. Future plans.** 

The Trustees together with church members will continue to pursue the purposes of the charity as stated in paragraph 1 at the beginning of this Report seeking to bring the Good News of Jesus Christ 

4 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

to the wider community through worship and action whilst at the same time looking at the facilities that are currently used for worship and community activity as the work and mission of the church continues to expand. 

## **7. Declarations** 

The company has taken advantage of the small companies’ exemption in preparing the report above. 

Approved by the Trustees and signed on their behalf by Roger Kennell. 


R Kennell 

Date: 17 September 2021 

5 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

## **Independent Examiner’s Report to the trustees of Colwall Community Church** 

I report on the accounts for the year ended 31 December 2020 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes. 

## **Respective responsibilities of trustees and examiner** 

The charity's trustees (who are also the directors for the purposes of company law) 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 required. 

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, 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 

- to state whether particular matters have come to my attention. 

## **Basis of the independent examiner's report** 

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 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 present a 'true and fair view ' and the report is limited to those matters set out in the statements 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 Section 386 and 387 of the Companies Act 2006; and 

- to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities 

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. 

Luke Keegan, Chartered Management Accountant 1A The Homend Ledbury Herefordshire, HR8 1BN 

Date: 

6 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

## **Statement of financial activities (including summary income and expenditure account)** 

|**Recommended categories by**|Note|**Unrestricted**|**Restricted**|||
|---|---|---|---|---|---|
|**activity**|s|**funds**|**funds**|**2020**|**2019**|
|||**£**|**£**|**£**|**£**|
|**Income**||||||
|Donations and legacies|3|65,215|62,494|127,709|76,584|
|Activities for Generating Funds|3|490|-|490|3,461|
|Charitable activities|3|875|623|1,498|-|
|Investments|3|973|-|973|77|
|**Total Income**||**67,553**|**63,117**|**130,670**|**81,218**|
|**Expenditure**||||||
|Raising Funds|4|4,686|-|4,686|-|
|Charitable activities|4|13,711|43,323|57,034|34,667|
|Support Costs|4|31,606|-|31,606|26,654|
|Other|4|2,314|-|2,314|4,650|
|**Total Expenditure**||**52,317**|**43,323**|**95,639**|**65,971**|
|**Transfers between funds**||(16,415)|16,415|-|-|
|**Other Recognised**||||||
|**Gains/Losses**||||||
|Revaluation of fixed assets||-|-|-|-|
|**Net movement in funds**||**(1,179)**|**36,210**|**35,030**|**15,247**|
|**Reconciliation of funds:**||||||
|Total funds brought forward||275,968|168,875|444,843|429,596|
|**Total funds carried forward**||**274,788**|**205,085**|**479,874**|**444,843**|



7 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

|**Balance sheet**||||||
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|||
||Notes|**funds**|**funds**|**2020**|**2019**|
|||**£**|**£**|**£**|**£**|
|Fixed assets||||||
|Tangible assets|7|453,677|<br>197,202|650,879|457,202|
|**Total fixed assets**||**453,677**|<br>**197,202**|**650,879**|**457,202**|
|**Current assets**||||||
|Cash at bank and in hand|8|22,704|<br>18,774|41,478|18,058|
|**Total current assets**||**22,704**|<br>**18,774**|**41,478**|**18,058**|
|**Creditors: amounts falling**||||||
|**due within one year**|9|1,592|<br>891|2,483|417|
|**Net current**||||||
|**assets/(liabilities)**||**21,111**|**17,883**|**38,995**|**17,641**|
|**Total assets less current**||||||
|**liabilities**||**474,788**|<br>**215,085**|**689,874**|**474,843**|
|**Creditors: amounts falling**||||||
|**due after one year**|9|200,000|10,000|210,000|30,000|
|**Total net assets or**||||||
|**liabilities**||**274,788**|<br>**205,085**|**479,874**|**444,843**|
|**Funds of the Charity**||||||
|Restricted income funds|10||205,085|205,085|168,875|
|Unrestricted funds|10|274,788||274,788|275,968|
|**Total funds**||**274,788**|<br>**205,085**|**479,874**|**444,843**|



8 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies. 

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts. 

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP. 

Signed by 


Roger C A Kennell (Chair) 

Date: 17 September 2021 

9 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

## **Notes to the Accounts** 

## **Note 1 Basis of accounting** 

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. 

## The accounts 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) issued on 16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011. 

The charity constitutes a public benefit entity as defined by FRS 102. 

## **Note 2      Accounting    policies** 

## **2.1 Income** 

|**2.1 Income**||
|---|---|
|**Recognition of income**|These are included in the Statement of Financial Activities (SoFA) when:|
||•<br>the charity becomes entitled to the resources;|
||•<br>it is more likely than not that the trustees will receive the resources;|
||•<br>the monetary value can be measured with sufficient reliability.|
|**Offsetting**|There has been no offsetting of assets and liabilities, or income and|
||expenses, unless required or permitted by the FRS 102 SORP or FRS 102.|
|**Grants and donations**|Grants and donations are only included in the SoFA when the general|
||income recognition criteria are met (5.10 to 5.12 FRS102 SORP).|
||In the case of performance related grants, income must only be recognised|
||to the extent that the charity has provided the specified goods or services|
||as entitlement to the grant only occurs when the performance related|
||conditions are met (5.16 FRS 102 SORP).|
|**Legacies**|Legacies are included in the SOFA when receipt is probable, that is, when|
||there has been grant of probate, the executors have established that there|
||are sufficient assets in the estate and any conditions attached to the legacy|
||are either within the control of the charity or have been met.|
|**Government grants**|The charity has received government grants in the reporting period|
|**Tax reclaims on**|Gift Aid receivable is included in income when there is a valid declaration|
|**donations and gifts**|from the donor.  Any Gift Aid amount recovered on a donation is|
||considered to be part of that gift and is treated as an addition to the same|
||fund as the initial donation unless the donor or the terms of the appeal have|
||specified otherwise.|
|**Support costs**|The charity has incurred expenditure on support costs.|



10 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

## **Notes to the accounts (Note 2 cont)** 

**Volunteer help** The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. 

**Income from interest,** This is included in the accounts when receipt is probable and the amount **royalties and dividends** receivable can be measured reliably. 

## **2.2 Expenditure and Liabilities** 

**Liability recognition** Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. 

**Governance  and support** Support costs have been allocated between governance costs and other **costs** types of support.  Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. 

**Creditors** The charity has creditors which are measured at settlement amounts less any trade discounts 

## **2.3 Assets** 

**Tangible fixed assets for** These are capitalised if they can be used for more than one year, and cost **use by charity** at least 

They are valued at cost and have been revalued in 2018 on current market value. 

The depreciation rates and methods used are disclosed in note 7 

**Debtors** Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement 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. 

11 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

## **Note 3     Income** 

|||**Unrestricted**|**Restricted**|||
|---|---|---|---|---|---|
||**Analysis of income**|**funds**|**funds**|**2020**|**2019**|
|||||**£**|**£**|
|**Donations**|Donations and gifts, including|||||
|**and legacies:**|gift aid|65,215|<br>1,729|66,944|76,584|
||General grants provided by|||||
||government/other charities|-|60,765|60,765|-|
||**Total**|**65,215**|<br>**62,494**|**127,709**|**76,584**|
|**Activities for**||||||
|**Generating**|Room Hire for Events|490|-|490|1,989|
|**Funds:**|Sales – Crafts & Magazines|-|-|-|1,472|
||Event Fees and Expenses|-|-|-|861|
||**Total**|**490**|**-**|**490**|**4,322**|
|**Charitable**||||||
|**Activities:**|Youth Parental Contributions|-|345|345|-|
||Youth Misc. Income|-|245|245|-|
||Other|875|33|908|234|
||**Total**|**875**|**623**|**1,498**|**234**|
|**Income from**|Interest income|-|-|-|77|
|**investments:**|Rental and leasing income|973|-|973|-|
||**Total**|**973**|**-**|**973**|**77**|
|**TOTAL INCOME**||**67,553**|<br>**63,117**|**130,670**|**81,217**|



12 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

|**Note 4**|**Expenditure**|||||
|---|---|---|---|---|---|
|||**Unrestricted**|<br>**Restricted**|||
||**Analysis of expenditure**|**funds**|**funds**|**2020**|**2019**|
|||||**£**|**£**|
|**Expenditure**|Silver Street Maintenance|529|-|529|-|
|**On raising**|Mortgage|||||
|**funds**||4,157|-|4,157||
||**Total**|**4,686**|**-**|**4,686**|**-**|
|**Expenditure**|Mission Support|2,970|-|2,970|3,000|
|**on charitable**|Local Mission Support|-|-|-|588|
|**activities**|Children’s work|42|-|42|240|
||Church Development|510|1,197|1,707|5,264|
||Outreach (inc Alpha)|-|-|-|648|
||Pastoral Support|25|-|25|88|
||Pastoral Worker|8,694|-|8,694|22,422|
||Playgroup|104|-|104|219|
||Youth group|-|42,126|42,126|2,198|
||Miscellaneous Donations|1,366|-|1,366|-|
||**Total**|**13,711**|**43,323**|**57,034**|**34,667**|
|**Support**|Property Maintenance|1,648|-|1,648|825|
|**Costs**|Insurance|1,146|-|1,146|812|
||Cleaning|1,579|-|1,579|892|
||Conferences & Training|226|-|226|2,164|
||Administration|14,417|-|14,417|12,098|
||Administration consumables|2,936|-|2,936|1,889|
||Finance Officer|2,848|-|2,848|636|
||AV Maintenance|302|-|302|1,531|
||Communications & Publicity|367|-|367|45|
||Leadership expenses|-|-|-|155|
||Planning & Away Days|-|-|-|170|
||Safety & Safeguarding|258|-|258|659|
||Energy & Water|1,625|-|1,625|1,452|
||Telecommunications|1,570|-|1,570|1,258|
||Website & IT|143|-|143|230|
||Affiliation Fees|1,809|-|1,809|1,223|
||Bank Charges|120|-|120|75|
||Governance|612|-|612|540|
||**Total**|**31,606**|**-**|**31,606**|**26,654**|
|**Other**|Catering|82|-|82|959|
|**Resources**|Church Flowers|-|-|-|5|
|**used**|Pulpit Fees|200|-|200|300|
||School Hire|1,100|-|1,100|2,800|
||Church Social Events|109|-|109|-|
||Devotional Service Materials|119|-|119|586|
||Repayment of Prior Year Income|704|-|704|-|
||**Total**|**2,314**|**-**|**2,314**|**4,650**|
|**Total Expenditure**||**52,317**|**43,323**|**95,639**|**65,971**|



13 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

|**Note 5**<br>|**Governance**|||
|---|---|---|---|
|||**2020**|<br>**2019**|
|||**£**|<br>**£**|
|**Governance**||||
|Independent examiner’s fees||540|<br>540|
|Other fees (for example: financial advice, consultancy, accountancy services)||||
|paid to the independent examiner||||
|||72|<br>-|
|**Note 6**<br>|**Paid employees**|||
|**6.1 Staff Costs**||||
|||**2020**|**2019**|
|||**£**|**£**|
|**Salaries and wages**||||
|||59,216|33,627|
|**Pension costs (defined contribution pension plan)**||745|1,845|
|**Total staff costs**||**59,982**|**35,472**|
|There were 8 (2019: 3) employees in post during the year.||||



No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. 

14 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

## **Note 7 Tangible fixed assets** 

## **7.1 Cost or valuation** 

|**7.1 Cost or valuation**||||||
|---|---|---|---|---|---|
||**Freehold**|**Other land**|**Plant,**|**Fixtures,**|**Total**|
||**land &**|**&**|**machinery**|**fittings**||
||**buildings**|**buildings**|**and motor**|**and**||
||||**vehicles**|**equipment**||
||**£**|**£**|**£**|**£**|**£**|
|At the beginning of the year|457,202|-|-|<br>-|457,202|
|Additions|193,677|-|-|<br>-|193,677|
|Revaluations|-|-|-|<br>-|-|
|Disposals|-|<br>-|-|<br>-|-|
|At end of the year|**650,879**|**-**|**-**|<br>**-**|**650,879**|
|**7.2 Depreciation and impairments**||||||
|At beginning of the year|-|-|<br>-|<br>-|-|
|Disposals|-|-|<br>-|<br>-|-|
|Depreciation|-|-|<br>-|<br>-|-|
|Impairment|-|-|<br>-|<br>-|-|
|Transfers*|-|-|<br>-|<br>-|-|
|At end of the year|-|-|<br>-|<br>-|-|
|**7.3 Net book value**||||||
|Net book value at the|457,202|-|-|<br>-|457,202|
|beginning of the year||||||
|Net book value at the end of|**650,879**|**-**|**-**|<br>**-**|**650,879**|
|the year||||||
|**Basis for Depreciation**||||||
|Freehold Land and Buildings|Nil depreciation|||||
|**Note 8     Cash at bank and in hand**||||||
|||||**2020**|**2019**|
|||||**£**|**£**|
|Cash at bank and on hand||||41,478|18,059|
|**Total**||||**41,478**|**18,059**|



15 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

## **Note 9                         Creditors and accruals** 

## **9.1 Analysis of creditors** 

|**9.1 Analysis of creditors**|||||
|---|---|---|---|---|
||**Amounts falling due**<br>**within one year**||**Amounts falling due**<br>**after more than one**<br>**year**||
||**2020**|**2019**|**2020**|**2019**|
||**£**|**£**|**£**|**£**|
|Taxation and social security|1,255|417|-|-|
|Mortgage|-|-|197,000|-|
|Other creditors|1,228|-|10,000|30,000|
|**Total**|**2,483**|**417**|**207,000**|**30,000**|



## **Note 10                       Charity funds** 

## **10.1 Details of material funds held and movements during the CURRENT reporting period** 

||||**Fund**||||||**Fund**|
|---|---|---|---|---|---|---|---|---|---|
|**Fund**<br>**names**|<br>**Type**|**Purpose**|**balances**<br>**brought**<br>**forward**|**Income**|**Expenses**|**Other**<br>**Gains/**<br>**Losses**|<br>|**Transfers**|**balances**<br>**carried**<br>**forward**|
||||**£**|**£**|**£**|**£**||**£**|**£**|
|Silver||New||||||||
|Street|R|Property|168,163|1,660|(1,197)||-|18,638|187,264|
|Youth||Youth||||||||
|Work|R|Work|713|61,457|(42,126)||-|(2,222)|17,822|
|||General||||||||
|General|U|Fund|275,968|67,553|(52,317)||-|(16,415)|274,787|
|**Total Funds as**||**per**||||||||
|**balance**|**sheet**||**444,844**|**130,670**|**(95,639)**||**-**|**-**|**479,874**|



16 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

## **Note 10                       Charity funds (cont)** 

## **10.2 Details of material funds held and movements during the PREVIOUS reporting period** 

|||**Fund**|||||**Fund**|
|---|---|---|---|---|---|---|---|
|**Fund**<br>**names**<br>**Type**|**Purpose**|**balances**<br>**brought**<br>**forward**|**Income**|**Expenses**|**Other**<br>**Gains/**<br>**Losses**|**Transfers**|**balances**<br>**carried**<br>**forward**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|Silver|New|||||||
|Street<br>R|Property|144,831|3,352|(5,273)|-|25,253|<br>168,163|
|Youth|Youth|||||||
|Work<br>R|Work|1,934|-|(2,198)|-|977|713|
||General|||||||
|General<br>U|Fund|282,831|77,866|(58,499)|-|(26,230)|<br>275,968|
|**Total Funds as per**||||||||
|**balance sheet**||**429,596**|**81,218**|**(65,970)**|**-**|**-**|<br>**444,844**|
|**10.3 Transfers**|**between funds**|||||||
|||**Reason for transfer**|||||**£**|
|**Between general fund and**||<br>Funding of repayment of loans|||from general||18,638|
|**New Property fund**||funds||||||
|**Between general fund and**||<br>Repayment of Employment Costs|||||2,222|
|**Youth Work fund**||||||||



## **Note 11 Funding Commitments** 

The company has a mortgage with Reliance Bank Limited of £200,000. As security for this mortgage there are charges held against two buildings, Colwall Community Church and Laboratory Cottage. The carrying asset value of these properties is £453,676. 

## **Note 12 Transactions with trustees and related parties** 

## **12.1 Trustee remuneration and benefits** 

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity 

## **12.2 Trustees' expenses** 

No expenses have been paid to Trustees in the fulfilment of their duties. No expenses have been incurred for travel in 2020 (2019: Nil) 

17 



Colwall Community Church, registered number 07737315 For the Year Ended 31[st] December 2020 

## **13. COMPANY LIMITED BY GUARANTEE** 

The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of it winding up, such an amount as may be required, not exceeding £10. 

## **14. GENERAL INFORMATION** 

Colwall Community Church, is a private company, limited by guarantee, incorporated in England and Wales, registered number 07737315. The registered address is Colwall Community Church, Walwyn Road, Colwall, Malvern, WR13 6QG 

18