Trustees’ Annual Report for the period 1 September 2020 – 31 August 2021 Registered charity number 1143773 263 Barry Road East Dulwich London SE22 0JT ## **OBJECTIVES AND ACTIVITIES** 1. The purpose of the Charity is to advance the Christian faith in the neighbourhood of East Dulwich and those who associate with it and benefit from its ministry. 2. In achieving our purpose, we engage in a range of activities, either on our own or with others, including (but not restricted to): - a. the celebration of public worship - b. the teaching of the Christian faith - c. mission and evangelism - d. pastoral work, including visiting the sick and the bereaved - e. 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 - f. the support of other charities in the UK and overseas 3. Our mission statement is that: We believe in God, as revealed through his Son, Jesus Christ, the Scriptures and the work of the Holy Spirit. ## We exist to: - praise and worship God in harmony - be a place of welcome for any who wish to join us in worship - offer Christian instruction and nurture to deepen the faith of those seeking to know and follow Christ - offer leadership, support and love to members, friends and their families - witness to the presence of Christ in the wider community ## We are committed to: - worshipping and working with other churches in Dulwich - embracing the local community in our church work and social activities, and through prayer - promoting fairness and equality, justice, peace and the integrity of creation, in our community and where possible in the wider world - offering help to people in need 4. There were 42 church members at 31 August 2021. ## **REVIEW OF PROGRESS AND ACHIEVEMENTS** 5. 2020-21 was another challenging year in the life of our church, other churches and for people all over the world, as the COVID-19 pandemic continued. Further detail is provided under each heading below. ## **PUBLIC WORSHIP** 6. In 2020-21, the church was open for some periods of the year, with COVID-19 safety precautions in place, and closed for others, in line with government guidance and guidance from the Methodist Church and United Reformed Church. We reopened on 13 September 2020, closed on 8 November 2020, reopened on 6 December 2020, closed on 20 December 2020 and reopened on 23 May 2021. 7. When the church was open, our COVID-19 safety precautions included shorter services (around 45 minutes), social distancing and hygiene measures. There was no communal singing, no Junior Church and no fellowship after worship. Not all church members felt able to return, or to return straight away, but there was a feeling amongst those who could attend church that it was nonetheless positive to be worshipping together, even if differently. 8. The Southwark Methodist Circuit continued to provide weekly pre-recorded online church services, which could be viewed via a YouTube link. Each week, the online services featured different preachers and different church members from across the circuit. They provided a reassuring way to see familiar faces and to discover new ones. The services were enjoyed by many members of the congregation, but access was an issue as not everyone had a suitable device on which to watch and/or the means or support to access the links. 8. In usual times, worship services are held every Sunday and on other Christian festivals, usually led either by an ordained minister or lay preacher. “All Age Worship” is held once per month - a more informal service designed for both children and adults. On other Sundays the children take part in their own Junior Church activities for part of the worship time. 9. Services are advertised on notice boards, café tables and through the church website. ## **CHILDREN AND YOUNG PEOPLE** 10. Our Junior Church caters for children aged 5-12 and we also provide a crèche for under 5s. 11. In normal times, Junior Church takes place on a weekly basis, apart from All Age Worship Sundays (once a month), when the children stay in church. The children remain in church for the first part of regular Sunday services (around 20 minutes), during which there is usually a children’s address. _263 Barry Rd. East Dulwich SE22 0JT_ _www.cced.org.uk_ 12. In 2020-21 we didn’t run any Junior Church sessions at all due to the pandemic. Although the church was open for some periods during the year, we did not want to pose any unnecessary risks to our children and church community. We therefore decided not to re-start our Junior Church activities until things felt safer. 13. Our young people were nonetheless involved in church life by - attending Southwark Methodist circuit online services with their families and sometimes contributing to the service content e.g. by recording a reading or a prayer - taking an active part in weekly worship, including being part of the bible reading rota 14. Although Christ Church now only has a small number of young people who regularly attend our church, we continue to hugely value the part they play in our church life and consider the intergenerational aspect of our community to be special and strong. ## Brownies 15. The Brownies usually meet on term-time Friday evenings, but there have been no sessions since March 2020, the beginning of the first national lockdown. 16. The Brownie group is usually very active and, prior to the pandemic, attendance numbers were good. The Brown Owl is supported by a rota of parent helpers and sometimes by former Brownies as part of their Duke of Edinburgh Award. ## **COMMUNITY** ## **The Bread of Life Project** 17. The Bread of Life project exists to enable Christ Church - with other local churches and community groups - to develop further the sense of community in the local neighbourhood and to promote the vision of a fair trading system for the wider world community, campaign for a healthier local community, explore the possibility of meeting specific needs among those who are socially excluded and to demonstrate faith in action through the churches’ day to day practical outreach work. ## The Bread of Life Café 18. In usual times, the church’s “Bread of Life” café is open to the public on weekdays, providing a broad menu of reasonably-priced snacks and meals – including a popular Thursday pensioners lunch - and a place to meet friends. The café remains open during school holidays but with reduced hours. It also caters for various church events, such as funerals. _263 Barry Rd. East Dulwich SE22 0JT_ _www.cced.org.uk_ 19. In usual times, the café is staffed by paid caterers and volunteer “deacons”. The deacons’ role is to welcome and chat to customers and to help clear up tables when needed. Most of the deacons are from the Christ Church congregation and so represent the church, bringing ministry and pastoral care to the wider community. 20. Due to the pandemic, over 2020-21 the café was only open from September – October 2020 and from May – August 2021. Business was very quiet when it did reopen and much stock had to be disposed of prior to the September 2020 reopening. The café team showed enormous commitment at a very challenging time. ## The Fair Trade Centre (FTC) 21. In normal times, the FTC is open five and a half days a week and run by a part-time manager and a team of committed volunteers. The manager is partpaid, part-volunteer. 22. Following a period of closure due to the first COVID-19 national lockdown, the FTC reopened from September 2020, with reduced hours and in line with government guidance. There was a further period of closure, from December 2020 to May 2021. The FTC re-opened on 17 May 2021. 23. A pickup service for regular customers was offered during the lockdown periods and the church continued to buy its cleaning supplies from the FTC. This helped to keep the FTC going. 24. The FTC Manager was able to continue working during lockdown, both from home and at the FTC. The manager works six paid hours per week and further hours on a voluntary basis. Half of the FTC volunteers were able to help at the Centre over 2020-21 (7 out of 15). 25. The FTC continued to promote fair trade to the church and community through its events and activities, working around the restrictions in place. Activities included: a. participating in Fair Trade Fortnight (FFF). FFF aims to increase awareness of the global mission and philosophy of fair trade. This year’s theme was climate change and Christ Church took part by contributing to a special themed online service, creating a Fair Trade rap and donating to Traidcraft Exchange and Fairtrade Foundation b. continuing to raise awareness through social media. It has an active Facebook page and is now on Instagram. c. supporting campaigns. Two volunteers attended the London Fair Trade Steering Group meetings during the year on Zoom. 26. The FTC continued to work with the public sector to promote Fair Trade. In 2020-21 this included two FTC volunteers attending the London Fair Trade Steering Group meetings on Zoom. _263 Barry Rd. East Dulwich SE22 0JT_ _www.cced.org.uk_ 27. Both the FTC and Bread of Life Café teams, and especially their managers, showed enormous commitment and resilience during this challenging year. ## **USE OF BUILDINGS** 28. In usual times, the church buildings are used by two church congregations - Christ Church and Gateway Ministries – for services, meetings and other activities. They are also used by many community groups and individuals, hiring rooms for their own events and activities, both during the week and at weekends. 29. During 2020-21, sadly the building had to be closed for several periods (see item 6), both for worship and for use by community groups, the Bread of Life Café and the Fair Trade Centre. 30. A Risk Assessment Committee – made up of Elders, church members and the church’s Lettings Officer – continued to operate over the course of the year. They kept closely abreast of government safety guidance around COVID-19, and guidance from our denominational national bodies (the Methodist Church and URC). They made recommendations for when the church could reopen and when other groups (including the Café and Fair Trade Centre) could use the building, always operating in line with government guidance as a minimum. 31. When the building was open, we welcomed community groups back into our spaces but only once they had provided an appropriate risk assessment and signed a written agreement around COVID-19 safety precautions to be observed. Some of our regular groups did return but others did not. All those who did had to make changes to the way their groups were run, and one group hired two rooms instead of one, in order to spread out. 32. In line with guidance from the Methodist Church, basic building maintenance took place whilst the building was shut, such as running the water on a weekly basis to keep it clean and checking the central heating systems. Basic safety maintenance was also observed, including testing the fire extinguishers and the fire alarm system. _263 Barry Rd. East Dulwich SE22 0JT_ _www.cced.org.uk_ ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** **----- Start of picture text -----**
Type of governing Constitution
document
How the charity is Unincorporated Association
constituted
Trustee selection methods Elected by Church Meeting, some ex-officio, some
co-option by Trustees
Additional governance Christ Church, East Dulwich is a Local Ecumenical
information Project comprising Emmanuel United Reformed
Church and Barry Road Methodist Church. The
Participating Denominations are The United
Reformed Church and The Methodist Church.
The Sponsoring Body is Churches Together in South
London.
The church is part of the Southwark and Deptford
Methodist Circuit and the United Reformed Church
Southern Synod.
Body entitled to appoint
Trustees at 31 August 2021 Office (if any)
trustee
Bendov Ansa-Otu Church Meeting
Christine Coxen Co-opted by Trustees
Lurleen Crichlow Church Meeting
Jennifer Dyer Church Meeting
Revd David Markay Minister Ex-officio
Sandra Mills-Lanquaye Church Meeting
Kim McCrossan Church Meeting
Elaine Scott Church Meeting
Revd Paul Weary Minister Ex-officio
**----- End of picture text -----**
## **FINANCIAL REVIEW** 33.The reserves policy is to maintain general fund reserves at least equal to 6 months’ expenditure, which is approximately £26,000. Sources of funds are weekly offerings, tax recoveries, donations, lettings and grants and the sale of fairly-traded goods. 34. Due to the impact of the pandemic, there was a shortfall of income to cover the day-to-day running costs of the church and general fund balances of £10,858 were used to support this shortfall. The General Fund balance at the end of the year was £16,551. A total of £2,500 was used from the FTC worker reserve to support employee costs. However, bequests and in memoriam donations totalling £15,500 were received, resulting in an overall increase in General and Designated Funds of £2,142. Bread of Life funds decreased by £711 and the value of Endowment Fund investments went up by £5,765. _263 Barry Rd. East Dulwich SE22 0JT_ _www.cced.org.uk_ 35. At 31 August 2021 there are no funds in deficit. Although the general fund reserve falls below the recommended level, there is sufficient within designated funds to call on should this be necessary. > _263 Barry Rd. East Dulwich SE22 0JT_ _www.cced.org.uk_ ## **DECLARATION** |**DECLARATION**|**DECLARATION**|**DECLARATION**| |---|---|---| |The trustees declare that they have approved the trustees’ report above.||| |Signed on behalf of the charity’s trustees||| |Signature(s)
Full name(s)
Position(s)
Date|Revd. David Markay
Minister
03.04.22|Jennifer Dyer
Trustee| _263 Barry Rd. East Dulwich SE22 0JT_ _www.cced.org.uk_ ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021** Signed: __________________________________ Date: Revd. David Markay (Minister) Signed: __________________________________ Date: Christine Coxen (Church Treasurer) |**Contents**|| |---|---| ||**Page**| |Examiners Report|3| |Accounting Policies|4| |Statement of Financial Activities|5| |Balance Sheet|6| |Statement of Assets and Liabilities|7| |Fund Movement Summary|9| |Analysis of Income and Expenditure|| |Incoming Resources|10| |Resources Used|11| |Collection and Payments to External Organisations|12| **Page** 2 ## **Independent Examiner's Report on the Accounts** ~~•~~ |**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Respective**
**responsibilities of**
**trustees and examiner**|~~•~~
**CHRIST CHURCH – EAST DULWICH**|| |---|---|---| ||**31st August 2021**
**Charity no (if any)**|| |||**1143773**| |||| ||The charity's trustees consider that an audit is not required for this year
(under section 43(2) of the Charities Act 1993 (the Act)) and that an
independent examination is needed.
It is my responsibility to
•
examine the accounts (under section 43 of the Act),
•
to follow the procedures laid down in the General Directions given by the
Charity Commission (under section 43(7)(b) of the Act), and|| - to state whether particular matters have come to my attention. - **Basis of independent** My examination was carried out in accordance with General Directions **examiner’s statement** 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts. |**Independent examiner's**|In the course of my examination, no matter has come to my attention| |---|---| |**statement**|which gives me reasonable cause to believe that in, any material respect,| ||the trustees have not met the requirements to ensure that:| - proper accounting records are kept (in accordance with section 41 of the Act); and - accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body (if any):**
**Address:**|1. to which, in my opinion, attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
~~1~~
**Date:**
08/12/2021|1. to which, in my opinion, attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
~~1~~
**Date:**
08/12/2021| |---|---|---| |||08/12/2021| |||| ||Robert A M Quaye M.Sc, FCCA CA (Gh)|| |||| ||ASSOCIATION OF CHARTERED CERTFIED ACCOUNTANTS|| |||| ||Robert Quaye & Associates|| ||180 Chigwell Road|| ||South Woodford|| ||London, E18 1HA|| **Page** 3 ## **Statement of Accounts For the period from 1[st] September 2020 to 31[st] August 2021** ## **ACCOUNTING POLICIES** ## **Basis of preparation of accounts** The accounts are prepared in accordance with the historic cost convention and with applicable accounting standards and the Statement of Recommended Practice for charity accounts. ## The accounts have been prepared on an ‘accruals’ basis. It is not considered relevant to include a valuation for the Church land and buildings on the Balance Sheet. The building and its contents are insured for £6.4m. ## **Funds** The General Fund represents funds of the church that are not subject to any restrictions regarding their use and are available for application to the general purposes of the church. Other funds of the church are either designated, where money has been earmarked for specific purposes, or restricted to be used for the purposes for which the money was given. The Benevolence Fund is for special offerings which are used to make donations in cash or kind to individuals and relief agencies. ## **COVID-19** Finances continue to be affected by the coronavirus pandemic and covid safety restrictions. User groups have returned gradually with bookings being taking only from regular users. The Fair Trade Centre and the Bread of Life Café continue to feel the effects of the pandemic with users slow to return and neither returning to their pre pandemic levels. **Page** 4 ## **Statement of Financial Activities** ## **For the period from 1[st] September 2020 to 31[st] August 2021** ||**Unrestricted**|
**Designated**|
**Designated**|
**Restricted**|**Endowment**|**Endowment**|**Total**|**Prior year**| |---|---|---|---|---|---|---|---|---| ||**funds**||**funds**|
**funds**||**funds**|**funds**|**total funds**| |**_Incoming resources_**||||||||| |Incoming resources from generated funds||||||||| |Voluntary income||32,070||33|249|—|32,352|19,461| |Investment income||794||—|—|—|794|1,284| |Lettings income||23,576||—|—|—|23,576|25,597| |Grant income||828||—|—|—|828|—| |Sundry income||2||—|—|—|2|241| |Incoming resources from charitable activities||—||7,216|—|—|7,216|13,213| |**Total income**||**57,269**||**7,249**|**249**|**—**|**64,767**|**59,795**| |**_Resources used_**||||||||| |Charitable activities||||||||| |Circuit assessment or share||27,412||—|—|—|27,412|27,268| |Grants and donations||—||—|150|—|150|642| |Ministry||647||—|23|—|670|1,508| |Other activities (local organisations)||104||—|—|—|104|457| |Repairs and maintenance||10,998||2|—|—|11,000|7,051| |Insurance, utilities etc.||10,439||—|—|—|10,439|11,672| |Church management and administration||3,027||94|—|—|3,121|2,197| |Stock||—||4,947|—|—|4,947|9,300| |Other expenditure||5,418||—|—|—|5,418|5,357| |**Total expenditure**||**58,044**||**5,044**|**173**|**—**|**63,261**|**65,452**| |**Net income / (expenditure) resources before transfer**||**(775)**||**2,205**|**76**|**—**|**1,506**|**(5,657)**| |||||||||| |**_Transfers_**||||||||| |Gross transfers between funds - in||5,500|16,500||—|—|22,000|15,000| |Gross transfers between funds - out|(15,500)||(6,500)||—|—|(22,000)|(15,000)| |**_Other recognised gains / losses_**||||||||| |Gains / losses on investment assets||—|||—|5,765|5,765|(2,502)| |**Net movement in funds**|**(10,775)**||**12,205**||**76**|**5,765**|**7,271**|**(8,159)**| |**_Reconciliation of funds_**||||||||| |**Total funds brought forward**||**30,970**|**44,087**||**406**|**45,130**|**120,593**|**128,753**| |**Total funds carried forward**||**20,195**|**56,292**||**482**|**50,895**|**127,865**|**120,593**| **Page** 5 |**Balance Sheet**
**As at 31st August 2021**|**2020/21**|**2019/20**| |---|---|---| |
**Fixed assets**
Investments
**Current assets**
Stocks and work in progress
Debtors
Cash at bank and in hand
**Liabilities**
Creditors: Amounts falling due in one year
**Net current assets less current liabilities**
**Total assets less current liabilities**
**Total net assets less liabilities**
**Represented by**
**Unrestricted**
Unrestricted - General fund
Unrestricted - Bread of Life unrestricted funds
**Designated**
Designated - Bequests and In Memoria 2021
Designated - Bread of Life Fair Trade Centre (trading)
Designated - Building Fund
Designated - Florence Hazel King Will Trust
Designated - FTC worker reserve
Designated - Church Kitchen Refurbishment
Designated - Childrens Work
Designated - Furniture and Equipment
**Restricted**
Restricted - Benevolence Fund
**Endowment**
Endowment - Emmanuel Saints Memorial Trust
**Funds of the church**|50,896
50,896
3,635
9,917
64,957
78,509
1,540
**76,969**
**127,865**
**127,865**
16,551
3,645
15,500
1,524
16,622
14,543
500
394
956
6,252
482
50,896
**127,865**|45,130
45,130
3,527
9,680
64,015
77,222
1,759
**75,463**
**120,593**
**120,593**
27,409
3,561
—
2,319
16,622
14,543
3,000
394
956
6,252
406
45,130
**120,593**| **Page** 6 ## **Statement of assets and liabilities As at 31[st] August 2021** |||**This year**
**Last year**| |---|---|---| |**Fixed assets**
6430: Investments
**Total Fixed assets**
**Current assets**
6520: Sundry debtors
6521: Prepayments
6530: Methodist CFB deposit account
6531: URC deposit account
6540: Christ Church current account
6541: Development Fund current account
6542: FTC current account
6548: Cash Church
6549: Cash FTC
6550: Stock
Z05: Accounts Receivable
**Total Current assets**
**Liabilities**
6610: Sundry creditors
6611: Receipts in advance
6620: Loans due
6699: Agency collections
Z04: Accounts Payable
**Total Liabilities**
**Net Asset surplus (deficit)**
**Reserves**
Excess / (deficit) to date
Z01: Starting balances
Z02: Gains/(losses) on investment assets
**Total Reserves**||50,896
45,130
**50,896**
**45,130**
—
—
6,100
7,558
55,242
55,468
630
630
6,765
4,485
1,439
1,357
756
1,736
0
253
124
87
3,635
3,527
3,817
2,122
**78,509**
**77,222**
—
—
566
448
—
—
6
46
968
1,265
**1,540**
**1,759**
**127,865**
**120,593**
1,506
(5,657)
120,593
128,753
5,765
(2,502)
**127,865**
**120,593**| |||| |||| **Page** 7 ## **Statement of assets and liabilities As at 31[st] August 2021** |||**This year**
**Last year**|**This year**
**Last year**| |---|---|---|---| |||**Represented by Funds**
Unrestricted
20,195
30,970
Designated
56,292
44,087
Restricted
482
406
Endowment
50,895
45,130
**Total**
**127,865**
**120,593**|| **Page** 8 ## **Fund movement by type For the period from 1[st] September 2020 to 31[st] August 2021** |
|**Opening Incoming Outgoing Transfers Gains/Losses Journal Closing**
**Entries**| |---|---| ||**Unrestricted**
General - General fund
27,409
57,269
52,627
(15,500)
—
—
16,551
BoLunres - Bread of
3,561
1
5,418
5,500
—
—
3,645
Life unrestricted funds
**Sub-totals**
**30,970**
**57,269**
**58,044**
**(10,000)**
**—**
**—**
**20,195**
**Designated**
Beq2021 - Bequests
—
—
—
15,500
—
—
15,500
and In Memoria 2021
Bldg - Building Fund
16,622
—
—
—
—
—
16,622
FHKing - Florence
14,543
—
—
—
—
—
14,543
Hazel King Will Trust
FTCres - FTC worker
3,000
—
—
(2,500)
—
—
500
reserve
Kitchen - Church
394
—
—
—
—
—
394
Kitchen Refurbishment
Children - Childrens
956
—
—
—
—
—
956
Work
FurEquip - Furniture
6,252
—
—
—
—
—
6,252
and Equipment
BoLFTCtrad - Bread of
2,319
7,249
5,044
(3,000)
—
—
1,524
Life Fair Trade Centre
(trading)
**Sub-totals**
**44,087**
**7,249**
**5,044**
**10,000**
**—**
**—**
**56,292**
**Restricted**
Ben - Benevolence
406
226
150
—
—
—
482
Fund
**Sub-totals**
**406**
**226**
**150**
**—**
—
**—**
**482**
**Endowment**
Saints Memorial Trust
Emman - Emmanuel
45,130
—
—
—
5,765
—
50,896
**Sub-totals**
**45,130**
—
—
**—**
**5,765**
**—**
**50,896**
**Totals**
**120,593**
**64,745**
**63,238**
**—**
**5,765**
**—**
**127,865**| **Page** 9 ## **Analysis of income and expenditure For the period from 1[st] September 2020 to 31[st] August 2021** ||||||**Total**|**Total**| |---|---|---|---|---|---|---| ||**Unrestricted**
|**Designated**
|**Restricted**|**Endowment**|**This year**|**Last year**| |**Incoming resources**||||||| |**_Incoming resources from generated_**|**_funds_**|||||| |1010 - Weekly offerings|13,719|—|226|—|13,945|15,127| |1020 - Income tax refunds from gift aid|2,687|—|—|—|2,687|4,235| |1030 - Donations (general)|20|33|23|—|76|100| |1040 - Donations (in memoriam)|144|—|—|—|144|—| |1050 - Bequests|15,500|—|—|—|15,500|—| |1210 - Interest|794|—|—|—|794|1,284| |1310 - Lettings|23,576|—|—|—|23,576|25,597| |1410 - Grants|828|—|—|—|828|—| |1510 - Photocopying other misc income|2|—|—|—|2|1| |1550 - Costs recovered|—|—|—|—|—|240| |**_Incoming resources from_**|57,269|33|249|—|57,551|46,582| |**_generated funds Totals_**||||||| |**_Incoming resources from charitable_**|**_activities_**|||||| |1610 - FTC sales shop|—|7,212|—|—|7,212|11,952| |1615 - FTC sales SR|—|—|—|—|—|1,178| |1620 - FTC sale of refreshments etc|—|4|—|—|4|83| |**_Incoming resources from_**|—|7,216|—|—|7,216|13,213| |**_charitable activities Totals_**||||||| |**Incoming resources Grand**|57,269|7,249|249|—|64,767|59,795| |**totals**||||||| **Page** 10 ## **Analysis of income and expenditure For the period from 1[st] September 2020 to 31[st] August 2021** ||**Total Total**
**Unrestricted**
**Designated**
**Restricted Endowment This year**
**Last year**| |---|---| **Page** 11 ## **Collections for and payments to external organisations For the period from 1st September 2020 to 31st August 2021** |||**2020/21**|**2019/20**| |---|---|---|---| |**Funds raised for external organisations**|||| |RNIB|In memoriam donations|0|233| |CTID Homeless Appeal|In memoriam donations|0|233| |Fair Trade Fortnight|FTF fundraising|330|165| |Southwark Day Centre for Asylum Seekers|Christmas Gift Service|102|0| |Traidcraft Exchange|Fair Trade Centre fund raising|60|8| |||**492**|**639**| |**Funds passed to external organisations**|||| |RNIB|In memoriam donations|0|233| |CTID Homeless Appeal|In memoriam donations|0|233| |Traidcraft|FTF event|165|83| |Fair Trade Foundation|FTF event|165|83| |Southwark Day Centre for Asylum Seekers|Christmas Gift Service|102|0| |Traidcraft Exchange|Fair Trade Centre fund raising|100|0| |||**532**|**631**| |Traidcraft Exchange
2018/19
Traidcraft Exchange
2019/20
Traidcraft Exchange
2020/21|**Amount held at 31st**
**August**
0
38
0
8
6
0
**6**
**46**| |---|---| **Page** 12 ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021** Signed: __________________________________ Date: Revd. David Markay (Minister) Signed: __________________________________ Date: Christine Coxen (Church Treasurer) |**Contents**|| |---|---| ||**Page**| |Examiners Report|3| |Accounting Policies|4| |Statement of Financial Activities|5| |Balance Sheet|6| |Statement of Assets and Liabilities|7| |Fund Movement Summary|9| |Analysis of Income and Expenditure|| |Incoming Resources|10| |Resources Used|11| |Collection and Payments to External Organisations|12| **Page** 2 ## **Independent Examiner's Report on the Accounts** ~~•~~ |**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Respective**
**responsibilities of**
**trustees and examiner**|~~•~~
**CHRIST CHURCH – EAST DULWICH**|| |---|---|---| ||**31st August 2021**
**Charity no (if any)**|| |||**1143773**| |||| ||The charity's trustees consider that an audit is not required for this year
(under section 43(2) of the Charities Act 1993 (the Act)) and that an
independent examination is needed.
It is my responsibility to
•
examine the accounts (under section 43 of the Act),
•
to follow the procedures laid down in the General Directions given by the
Charity Commission (under section 43(7)(b) of the Act), and|| - to state whether particular matters have come to my attention. - **Basis of independent** My examination was carried out in accordance with General Directions **examiner’s statement** 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts. |**Independent examiner's**|In the course of my examination, no matter has come to my attention| |---|---| |**statement**|which gives me reasonable cause to believe that in, any material respect,| ||the trustees have not met the requirements to ensure that:| - proper accounting records are kept (in accordance with section 41 of the Act); and - accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body (if any):**
**Address:**|1. to which, in my opinion, attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
~~1~~
**Date:**
08/12/2021|1. to which, in my opinion, attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
~~1~~
**Date:**
08/12/2021| |---|---|---| |||08/12/2021| |||| ||Robert A M Quaye M.Sc, FCCA CA (Gh)|| |||| ||ASSOCIATION OF CHARTERED CERTFIED ACCOUNTANTS|| |||| ||Robert Quaye & Associates|| ||180 Chigwell Road|| ||South Woodford|| ||London, E18 1HA|| **Page** 3 ## **Statement of Accounts For the period from 1[st] September 2020 to 31[st] August 2021** ## **ACCOUNTING POLICIES** ## **Basis of preparation of accounts** The accounts are prepared in accordance with the historic cost convention and with applicable accounting standards and the Statement of Recommended Practice for charity accounts. ## The accounts have been prepared on an ‘accruals’ basis. It is not considered relevant to include a valuation for the Church land and buildings on the Balance Sheet. The building and its contents are insured for £6.4m. ## **Funds** The General Fund represents funds of the church that are not subject to any restrictions regarding their use and are available for application to the general purposes of the church. Other funds of the church are either designated, where money has been earmarked for specific purposes, or restricted to be used for the purposes for which the money was given. The Benevolence Fund is for special offerings which are used to make donations in cash or kind to individuals and relief agencies. ## **COVID-19** Finances continue to be affected by the coronavirus pandemic and covid safety restrictions. User groups have returned gradually with bookings being taking only from regular users. The Fair Trade Centre and the Bread of Life Café continue to feel the effects of the pandemic with users slow to return and neither returning to their pre pandemic levels. **Page** 4 ## **Statement of Financial Activities** ## **For the period from 1[st] September 2020 to 31[st] August 2021** ||**Unrestricted**|
**Designated**|
**Designated**|
**Restricted**|**Endowment**|**Endowment**|**Total**|**Prior year**| |---|---|---|---|---|---|---|---|---| ||**funds**||**funds**|
**funds**||**funds**|**funds**|**total funds**| |**_Incoming resources_**||||||||| |Incoming resources from generated funds||||||||| |Voluntary income||32,070||33|249|—|32,352|19,461| |Investment income||794||—|—|—|794|1,284| |Lettings income||23,576||—|—|—|23,576|25,597| |Grant income||828||—|—|—|828|—| |Sundry income||2||—|—|—|2|241| |Incoming resources from charitable activities||—||7,216|—|—|7,216|13,213| |**Total income**||**57,269**||**7,249**|**249**|**—**|**64,767**|**59,795**| |**_Resources used_**||||||||| |Charitable activities||||||||| |Circuit assessment or share||27,412||—|—|—|27,412|27,268| |Grants and donations||—||—|150|—|150|642| |Ministry||647||—|23|—|670|1,508| |Other activities (local organisations)||104||—|—|—|104|457| |Repairs and maintenance||10,998||2|—|—|11,000|7,051| |Insurance, utilities etc.||10,439||—|—|—|10,439|11,672| |Church management and administration||3,027||94|—|—|3,121|2,197| |Stock||—||4,947|—|—|4,947|9,300| |Other expenditure||5,418||—|—|—|5,418|5,357| |**Total expenditure**||**58,044**||**5,044**|**173**|**—**|**63,261**|**65,452**| |**Net income / (expenditure) resources before transfer**||**(775)**||**2,205**|**76**|**—**|**1,506**|**(5,657)**| |||||||||| |**_Transfers_**||||||||| |Gross transfers between funds - in||5,500|16,500||—|—|22,000|15,000| |Gross transfers between funds - out|(15,500)||(6,500)||—|—|(22,000)|(15,000)| |**_Other recognised gains / losses_**||||||||| |Gains / losses on investment assets||—|||—|5,765|5,765|(2,502)| |**Net movement in funds**|**(10,775)**||**12,205**||**76**|**5,765**|**7,271**|**(8,159)**| |**_Reconciliation of funds_**||||||||| |**Total funds brought forward**||**30,970**|**44,087**||**406**|**45,130**|**120,593**|**128,753**| |**Total funds carried forward**||**20,195**|**56,292**||**482**|**50,895**|**127,865**|**120,593**| **Page** 5 |**Balance Sheet**
**As at 31st August 2021**|**2020/21**|**2019/20**| |---|---|---| |
**Fixed assets**
Investments
**Current assets**
Stocks and work in progress
Debtors
Cash at bank and in hand
**Liabilities**
Creditors: Amounts falling due in one year
**Net current assets less current liabilities**
**Total assets less current liabilities**
**Total net assets less liabilities**
**Represented by**
**Unrestricted**
Unrestricted - General fund
Unrestricted - Bread of Life unrestricted funds
**Designated**
Designated - Bequests and In Memoria 2021
Designated - Bread of Life Fair Trade Centre (trading)
Designated - Building Fund
Designated - Florence Hazel King Will Trust
Designated - FTC worker reserve
Designated - Church Kitchen Refurbishment
Designated - Childrens Work
Designated - Furniture and Equipment
**Restricted**
Restricted - Benevolence Fund
**Endowment**
Endowment - Emmanuel Saints Memorial Trust
**Funds of the church**|50,896
50,896
3,635
9,917
64,957
78,509
1,540
**76,969**
**127,865**
**127,865**
16,551
3,645
15,500
1,524
16,622
14,543
500
394
956
6,252
482
50,896
**127,865**|45,130
45,130
3,527
9,680
64,015
77,222
1,759
**75,463**
**120,593**
**120,593**
27,409
3,561
—
2,319
16,622
14,543
3,000
394
956
6,252
406
45,130
**120,593**| **Page** 6 ## **Statement of assets and liabilities As at 31[st] August 2021** |||**This year**
**Last year**| |---|---|---| |**Fixed assets**
6430: Investments
**Total Fixed assets**
**Current assets**
6520: Sundry debtors
6521: Prepayments
6530: Methodist CFB deposit account
6531: URC deposit account
6540: Christ Church current account
6541: Development Fund current account
6542: FTC current account
6548: Cash Church
6549: Cash FTC
6550: Stock
Z05: Accounts Receivable
**Total Current assets**
**Liabilities**
6610: Sundry creditors
6611: Receipts in advance
6620: Loans due
6699: Agency collections
Z04: Accounts Payable
**Total Liabilities**
**Net Asset surplus (deficit)**
**Reserves**
Excess / (deficit) to date
Z01: Starting balances
Z02: Gains/(losses) on investment assets
**Total Reserves**||50,896
45,130
**50,896**
**45,130**
—
—
6,100
7,558
55,242
55,468
630
630
6,765
4,485
1,439
1,357
756
1,736
0
253
124
87
3,635
3,527
3,817
2,122
**78,509**
**77,222**
—
—
566
448
—
—
6
46
968
1,265
**1,540**
**1,759**
**127,865**
**120,593**
1,506
(5,657)
120,593
128,753
5,765
(2,502)
**127,865**
**120,593**| |||| |||| **Page** 7 ## **Statement of assets and liabilities As at 31[st] August 2021** |||**This year**
**Last year**|**This year**
**Last year**| |---|---|---|---| |||**Represented by Funds**
Unrestricted
20,195
30,970
Designated
56,292
44,087
Restricted
482
406
Endowment
50,895
45,130
**Total**
**127,865**
**120,593**|| **Page** 8 ## **Fund movement by type For the period from 1[st] September 2020 to 31[st] August 2021** |
|**Opening Incoming Outgoing Transfers Gains/Losses Journal Closing**
**Entries**| |---|---| ||**Unrestricted**
General - General fund
27,409
57,269
52,627
(15,500)
—
—
16,551
BoLunres - Bread of
3,561
1
5,418
5,500
—
—
3,645
Life unrestricted funds
**Sub-totals**
**30,970**
**57,269**
**58,044**
**(10,000)**
**—**
**—**
**20,195**
**Designated**
Beq2021 - Bequests
—
—
—
15,500
—
—
15,500
and In Memoria 2021
Bldg - Building Fund
16,622
—
—
—
—
—
16,622
FHKing - Florence
14,543
—
—
—
—
—
14,543
Hazel King Will Trust
FTCres - FTC worker
3,000
—
—
(2,500)
—
—
500
reserve
Kitchen - Church
394
—
—
—
—
—
394
Kitchen Refurbishment
Children - Childrens
956
—
—
—
—
—
956
Work
FurEquip - Furniture
6,252
—
—
—
—
—
6,252
and Equipment
BoLFTCtrad - Bread of
2,319
7,249
5,044
(3,000)
—
—
1,524
Life Fair Trade Centre
(trading)
**Sub-totals**
**44,087**
**7,249**
**5,044**
**10,000**
**—**
**—**
**56,292**
**Restricted**
Ben - Benevolence
406
226
150
—
—
—
482
Fund
**Sub-totals**
**406**
**226**
**150**
**—**
—
**—**
**482**
**Endowment**
Saints Memorial Trust
Emman - Emmanuel
45,130
—
—
—
5,765
—
50,896
**Sub-totals**
**45,130**
—
—
**—**
**5,765**
**—**
**50,896**
**Totals**
**120,593**
**64,745**
**63,238**
**—**
**5,765**
**—**
**127,865**| **Page** 9 ## **Analysis of income and expenditure For the period from 1[st] September 2020 to 31[st] August 2021** ||||||**Total**|**Total**| |---|---|---|---|---|---|---| ||**Unrestricted**
|**Designated**
|**Restricted**|**Endowment**|**This year**|**Last year**| |**Incoming resources**||||||| |**_Incoming resources from generated_**|**_funds_**|||||| |1010 - Weekly offerings|13,719|—|226|—|13,945|15,127| |1020 - Income tax refunds from gift aid|2,687|—|—|—|2,687|4,235| |1030 - Donations (general)|20|33|23|—|76|100| |1040 - Donations (in memoriam)|144|—|—|—|144|—| |1050 - Bequests|15,500|—|—|—|15,500|—| |1210 - Interest|794|—|—|—|794|1,284| |1310 - Lettings|23,576|—|—|—|23,576|25,597| |1410 - Grants|828|—|—|—|828|—| |1510 - Photocopying other misc income|2|—|—|—|2|1| |1550 - Costs recovered|—|—|—|—|—|240| |**_Incoming resources from_**|57,269|33|249|—|57,551|46,582| |**_generated funds Totals_**||||||| |**_Incoming resources from charitable_**|**_activities_**|||||| |1610 - FTC sales shop|—|7,212|—|—|7,212|11,952| |1615 - FTC sales SR|—|—|—|—|—|1,178| |1620 - FTC sale of refreshments etc|—|4|—|—|4|83| |**_Incoming resources from_**|—|7,216|—|—|7,216|13,213| |**_charitable activities Totals_**||||||| |**Incoming resources Grand**|57,269|7,249|249|—|64,767|59,795| |**totals**||||||| **Page** 10 ## **Analysis of income and expenditure For the period from 1[st] September 2020 to 31[st] August 2021** ||**Total Total**
**Unrestricted**
**Designated**
**Restricted Endowment This year**
**Last year**| |---|---| **Page** 11 ## **Collections for and payments to external organisations For the period from 1st September 2020 to 31st August 2021** |||**2020/21**|**2019/20**| |---|---|---|---| |**Funds raised for external organisations**|||| |RNIB|In memoriam donations|0|233| |CTID Homeless Appeal|In memoriam donations|0|233| |Fair Trade Fortnight|FTF fundraising|330|165| |Southwark Day Centre for Asylum Seekers|Christmas Gift Service|102|0| |Traidcraft Exchange|Fair Trade Centre fund raising|60|8| |||**492**|**639**| |**Funds passed to external organisations**|||| |RNIB|In memoriam donations|0|233| |CTID Homeless Appeal|In memoriam donations|0|233| |Traidcraft|FTF event|165|83| |Fair Trade Foundation|FTF event|165|83| |Southwark Day Centre for Asylum Seekers|Christmas Gift Service|102|0| |Traidcraft Exchange|Fair Trade Centre fund raising|100|0| |||**532**|**631**| |Traidcraft Exchange
2018/19
Traidcraft Exchange
2019/20
Traidcraft Exchange
2020/21|**Amount held at 31st**
**August**
0
38
0
8
6
0
**6**
**46**| |---|---| **Page** 12