Charity Commission Annual report suggested info and statutory info
Suggested info
The Annual Report need not be lengthy. A good Annual Report explains the charity’s aims and how it is going about achieving them. It meets all the legal requirements and provides a balanced view of the charity’s structure, aims, objectives, activities and performance. Importantly, it brings the charity to life and for those charities that rely on voluntary income as their primary source of funding provides donors with the opportunity to understand how their money was spent and the difference it has made.
Charities with a gross income of over £25,000 but not exceeding £250,000 in the relevant financial year.
Basis of preparation: Accounts must be prepared either on the receipts and payments or the accruals basis; if on an accruals basis, they must be prepared in accordance with the 2008 Regulations and the SORP. The Commission provides packs for receipts and payments or accrual accounting by non-company charities which are available through the website. These provide a template to produce accounts in the required form.
External scrutiny: Accounts must be subject to outside scrutiny but trustees may choose either independent examination or audit by a registered auditor, unless the charity’s governing document stipulates one or the other. In exceptional circumstances, we have the power to require an audit.
Type of Annual Report:
An Annual Report must be prepared but it may be simplified (see section H);
Information to be sent to the Commission:
These charities must complete an Annual Return.
The named charity contact on our records will receive an Annual Return notification. Submission of theAnnual Return is online.
The Annual Return, Annual Report and accounts must be filed with us, within 10 months of the end ofthe charity’s financial year.
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Reference and administrative details of the charity, its trustees and advisers.
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The charity’s name, which in the case of a registered charity means the name under which it is registered. Any other name which a charity uses should also be given.
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The charity registration number, and if applicable, the company registration number.
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The address of the principal office of the charity, and in the case of a charitable company, the address of its registered office.
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The names of all those who were the charity’s trustees or custodian trustees
on the date the report was approved. Where there are more than 50
trustees,
the names of at least 50 of the trustees (including all the officers of the
charity, eg chair, treasurer etc). Where the trustee is a body corporate, the names of any person who is a director of the body corporate are give.THAT ALL CHARITIES MUST REPORT SORP Para.
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Structure, governance and management.
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The Annual Report should provide the reader with an understanding of how
the charity is constituted, its organisational structure and how its trustees are
appointed and trained and assist the reader to understand how the charity’s
decision-making processes work. The level of detail provided may well depend on the size and complexity of the charity and be proportionate
to the
needs of the report’s readers.
- Particulars, including the date if known, of the nature of the governing document (eg trust deed, memorandum and articles of association etc) and how the charity is (or its trustees are) constituted (eg limited
company,
unincorporated association etc).
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The methods adopted for the recruitment and appointment of new trustees, including details of any constitutional provisions relating to
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appointments,
for example, election to post. Where any other person or body external
to
the charity is entitled to appoint one or more of the trustees this should be explained together with the name of that person or body (subject to section 1
above if permission not to disclose has been obtained).
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A financial review containing:
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Policy on reserves stating the level of reserves held and why they are held.
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Where material funds have been designated, the reserves policy
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statement
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should quantify and explain the purposes of these designations, and
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where set
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aside for future expenditure, the likely timing of the expenditure.
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Where no
- reserves policy is in place, a statement should be made to that effect.
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Where any fund is materially in deficit, the circumstances giving rise to the deficit and details of the steps being taken to eliminate the deficit.
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Public benefit statement
- Objectives and activities Charities that are not subject to a statutory audit requirement may limit their disclosures within this section to a summary description of the purposes of the
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charity (its objects) and the main activities undertaken by the charity
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to further its
charitable purposes for the public benefit.
- Achievements and performance.
Charities that are not subject to a statutory audit requirement may limit
their
disclosures within this section to a brief summary of the achievements of the charity during the year in relation to its objects.
The report should provide the following additional reference and
administrative information about the charity, its trustees and advisers
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The name of any chief executive officer or other senior staff members to
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whom day-to-day management of the charity is delegated by the
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trustees.
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The names and addresses of any other relevant organisations or persons. This
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should include the names and addresses of those acting as bankers,
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solicitors,
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auditor (or independent examiner) and investment or other principal
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advisers.
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The report should provide the following additional information about the structure, governance and management of the charity
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The policies and procedures adopted for the induction and training of trustees
and, where no such policies have been adopted, a statement to that
effect.
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The organisational structure of the charity and how decisions are made. For
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example, which types of decision are taken by the trustees and which
are
delegated to staff.
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A statement confirming that the major risks to which the charity is exposed, as identified by the trustees, have been reviewed, and systems or
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procedures
have been established to manage those risks.
- Objectives and activities
The Annual Report should help the reader understand the aims and objectives set by the charity, and the strategies and activities undertaken to achieve them. The report may also, where relevant, explain how the objectives set for the year relate to longer term strategies and objectives set by the charity. Where significant activities take place through subsidiary
undertakings, these should be explained in the report. In particular, the report should provide:
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A summary of the objects of the charity as set out in its governing document.
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An explanation of the charity’s aims including the changes or differences it
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seeks to make through its activities.
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An explanation of the charity’s main objectives for the year.
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An explanation of the charity’s strategies for achieving the stated objectives.
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A review of the significant activities (including its main programmes, projects
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or services provided) undertaken by the charity to further its charitable purposes for the public benefit. The details provided should focus on
the
activities that the trustees consider significant in terms of the charity
as a
whole. The Annual Report should, as a minimum, explain the objectives,
activities, projects or services identified within the analysis note accompanying
the charitable activities set out in the Statement of Financial Activities (SoFA).
Where the charity conducts a significant amount of its activities through
grantmaking, a statement should be provided setting out its grantmaking policies.
Where social or programme-related investment activities are material
in the
context of the charitable activities undertaken, the investment policies should
be explained. Where a charity uses volunteers to a significant extent in its charitable or income generating activities, this should be noted. Unpaid voluntary contributions are not included in the SoFA, because of the difficulties in attributing a monetary value to
them, but it is important that readers of the report are able to understand the role
and contribution of volunteers. The information may therefore explain the activities with which volunteers help, quantify their contribution in terms of hours or paid staff equivalents, and may present an indicative value of their contribution.
| Notes | 2022 2021 | |
|---|---|---|
| ££ | ||
| Cu rrent Assets | ||
| Cash at bank and in hand | qu4524 ap7374 | |
| ff4" ap7 374 | ||
| Net current assets (liabilities) | 144E _107, 374 | |
| Total assets less current liabilities | 144524 107 374 | |
| Total net assets (liabilities) | - ee7 qu | |
| Reserves | ||
| Income and expenditure account Members' funds |
144f5 24 1073Z4 144" - |
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| INCOMING RESOURCES | Funds | Funds | Total | 2021 |
| Voluntary income | 135,672 | 20,221 | 155,893 | 86,348 |
| Activities for generating funds | 00 | |||
| I ncome from investments | 518 | 518 | 462 | |
| Incoming resources from charitable activities | 00 | |||
| Other income | 00 | |||
| TOTAL INCOMING RESOURCES | 136,190 | 20,221 | 156,411 | 86,810 |
| RESOURCES EXPENDED | ||||
| Cost of generating voluntary income | 00 | |||
| Charitable activities | 102,256 | 6,597 | 108,853 | 93,870 |
| Governance costs | 1,517 | 1,517 | 2,037 | |
| Other resources used | 523 | 8,368 | 8,891 | 5,107 |
| TOTAL RESOURCES EXPENDED | 104,296 | 14,965 | 119,261 | 101,014 |
| TRANSFERS | ||||
| NET INCOMING RESOURCES | 31,894 | 5,256 | 37,150 | -14,204 |
| OTHER GAINS OR LOSSES | 00 | |||
| NET MOVEMENT IN FUNDS | 31,894 | 5,256 | 37,150 | -14,204 |
| BALANCES B/FWD1.1.22 | 85,194 | 22,180 | 107,374 | 121,578 |
| BALANCE C/FWD 31.12.22 | 117,088 | 27,436 | 144.524 | 107,374 |
| 2022 | 2021 | |
|---|---|---|
| FIXED ASSETS | ||
| CURRENT ASSETS | ||
| Bank & Cash | 144,524 | 107,374 |
| Debtors | Q | |
| Total Current assets | 144,524 | 107,374 |
| CURRENT LIAIBILITIES | ||
| Creditors | ||
| NET ASSETS | ||
| PARISH FUNDS | ||
| Unrestricted | 117,088 | |
| Restricted | 27,436 | |
| 144,524 |
| Notes to the financial statement For the Year ended 31st December 2022 GENERAL FUND |
|||
|---|---|---|---|
| Unrestricted | Restricted | ||
| INCOMING RESOURCES | Funds | Funds | Total 2021 |
| Activities for generating funds | 000 | ||
| Total | 000 | ||
| Voluntary Income: | |||
| Gift Aid | 83,397 55,153 | ||
| Donations appeals etc | 11,375 11,375 | ||
| Other income | 8,846 45,059 5,209 | ||
| Tax recovered | 16,063 13,578 | ||
| Total | 135,672 | 20,221 155,894 73,940 | |
| Income from investments | |||
| Interest | 518 | 518 992 | |
| Total | 518 | 518 992 | |
| Total incoming resourees | 136,190 | 29£2 | 156,41.2 Z4£§2 |
| GENERAL FUND | |||
| RESOURCES EXPENDED | Unrestricted | Restricted | Total |
| Funds | Funds | ||
| Cost of generating voluntary income: | |||
| Fellowship lunches & other events | 0000 | ||
| Total | 0000 | ||
| Charitable activities: | Total 2021 | ||
| Catering | 7127 | ||
| Friends & Neighbours | 0 | ||
| Home Mission in Community | 2,217 1,218 | ||
| Missionary Societies | 11,922 10,380 | ||
| Sunday Schcol | 0 | ||
| Donations appeals etc | 000 | ||
| ReActlReNu | 0 | ||
| sNLrvouth | 2 , 158 | 2,158 2,125 | |
| Events | 00 | ||
| Pastor & Youth Pastor | 67,924 | 67,924 66,075 | |
| Administrator salary | 0 | ||
| Pastors expenses | 1,212 | 1,212 1,323 | |
| Education | 0 | ||
| Churoh training & mission | 2,116 | 2,116 749 | |
| Equipment | 0 | ||
| Cleaning | 0 | ||
| Upkeep of churchyard | 0 | ||
| Administration | 759 | 759 912 | |
| Governance | 0 | ||
| Magazine/\/Veb~site/Advertising | 0 | ||
| Hall running costs | 9,304 | 9,304 7,128 | |
| General expenses | 4,573 | 4,573 3,272 | |
| Total | 102,256 | 0 102,256 93,209 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| Funds | Funds | |||
| Pastors house rent | 00 | |||
| Governance costs: | 1,517 | 1,517 | 2,037 | |
| Governance costs examination/audit fee | 0 | |||
| Total | 1,517 | 2,037 | ||
| Other resources used: | ||||
| Hall + Furniture & Eqipment | 523 | 523 | 259 | |
| Total | 523 | 523 | ||
| TOTAL UNRESTRICTED PAYIVIENTS | 0 | 104,296 | 95,756 | |
| Transfer | ||||
| NET UNRESTRICTED PAYMENTS | 31,894 | 20,221 | 52,116 | -20,824 |
| MISSION RESTRICTED FUND | ||||
| Restricted | ||||
| INCOMING RESOURCES | Funds | 2021 | ||
| Voluntary income: | ||||
| Gift Aid | ||||
| Regular gift days | ||||
| Other income | 8,846 | 5,172 | ||
| Donations appeals | 11.375 | 7,236 | ||
| Total | 20,221 | 12,408 | ||
| RESOURCES EXPENDED | ||||
| Cost of generating voluntary income: | ||||
| Fellowship lunches & other events | 8,368 | 4,848 | ||
| Total | ||||
| Charitable activities: | ||||
| Giving to missionary societies | ||||
| Giving- relief and development agencies | 6,597 | |||
| Home mission in Community | ||||
| Total | ||||
| Total Resources Expended | ||||
| Transfer | 0 | |||
| Net Restricted Funds | 6,899 |