## **ANNUAL REPORT** ## **2020/2021** Registered Address 62 Cromer Road Sheringham NR26 8RT Charity Registration Number 1146572 ## Leadership Team Rev I Savory (Minister) T Rev P Skivington (Youth Minister) Rev D Ward (Community Pastor ) Mr I Charsley (Secretary) T Mr C Harrison T ## Management Team Mr C Gould (Treasurer) T Mr I Kidger T Mr T Dawson T Mr A Ross T Mrs R Holt T T= Trustees ## Property Trustees The Baptist Union Corporation Limited Baptist House 129 Broadway Didcot Oxfordshire OX11 8RT Bankers Barclays Sheringham Branch Independent Examiner Timothy HIGNETT and Partners Ltd Annual Report for 2020/21 The period of this report covers the time of Lockdown from Corona Virus and premises such as Churches were closed for all normal activity The only exception to this was to enable a form of On-Line Service to be conducted from the Church with a minimal number of people to produce the programme. The Leadership Team met on Zoom every week and the Trustees on regular basis. Only On-Line Services continued on a weekly basis throughout this time. Late in summer when some restrictions were lifted, some small gatherings were allowed to take place but nothing worked to normal and On-Line Services continued. A very strict Risk Asessement was put in place, conforming to Government Guidlines. Financially, due to the generosity of the Partners and supporters and laterly the Furlough Scheme, the Church was able to continue with its commitments. Posts such as Admin and Treasurer were able to work from home, as well as supporting our Pastors. The Church folk were divided into Neighbourhood Groups under a leader, so that Information regarding On-Line Services and information from the Leadership could be passed to everyone. A Facebook page was also invaluable. These groups were encouraged to keep an eye on others in that group and bless their neighbours with gifts now and again, such as flowers from Lighthouse. April 2021 CHARITY NUMBER: 1146572 LIGHTHOUSE COMMUNITY CHURCH STATEMENT OF ACCOUNTS YEAR ENDED 31 MARCH 2021 ## **LIGHTHOUSE COMMUNITY CHURCH** ## **YEAR ENDED 31 MARCH 2021** ## **CONTENTS** ||Page| |---|---| |ACCOUNTANTS REPORT|2| |GENERAL FUND INCOME AND EXPENDITURE ACCOUNT|3| |BUILDING FUND INCOME AND EXPENDITURE ACCOUNT|4| |GIVE AWAY INCOME AND EXPENDITURE ACCOUNT|4| |CAFÉ INCOME AND EXPENDITURE ACCOUNT|5| |BALANCE SHEET|6| |FIXED ASSET SCHEDULE|7| ## **LIGHTHOUSE COMMUNITY CHURCH** ## **ACCOUNTANTS REPORT YEAR ENDED 31 MARCH 2021** We hereby certify that the accounts for the year 31st March 2021 have been prepared, without carrying out an audit, from the Church's accounting records and information supplied by the treasurer. Our accounting procedures include examination, on a test basis, of evidence relevant to the amounts and disclosures in the accounts and an assessment of whether the accounting policies are appropriate to the Charity's circumstances, consistently applied and adequately disclosed. We have obtained all information and explanations which we considered necessary to enable us to give reasonable assurance that the accounts are free from material errors. In our opinion the accounts reasonably reflect the state of the Church's financial affairs as at 31st March 2021 and of its surpluses/deficits for the period then ended. ## **Timothy Hignett and Partners Limited** 7 High Street Cromer Norfolk NR27 9HG 20th July 2021 Approved on behalf of the leadership team and church trustees on 20th July 2021 C J Gould, Treasurer 2 ## **LIGHTHOUSE COMMUNITY CHURCH** ## **GENERAL FUND INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2021** |**£**
**£**
**INCOME**
Offerings:
Non Gift Aid
Cash/env
20,218.29
Standing orders
6,054.10
Gift Aid:
Cash/env
22,298.00
Standing orders
72,442.00
121,012.39
Tax refunded
34,000.00
155,012.39
Rent
-
CJRS
30,017.27
Donations
-
Stir
-
Interest received
0.70
New day
-
Hardship fund
2,146.00
Sundry income
160.00
187,336.36
**EXPENDITURE:**
Remuneration
139,968.98
Housing expenses
9,349.90
Administration
8,769.14
Utilities
5,904.36
Telephone
5,905.09
Maintenance
4,422.21
Insurance
2,484.27
Subscriptions and licences
2,372.35
Catering and housekeeping
5,124.97
Sundry expenses
446.58
Hardship fund
1,086.95
Mission
1,255.40
Training
4,109.86
Outreach
920.95
Personal
2,276.49
Stir weekend
-
Depreciation - Fixtures and fittings
7,241.14
201,638.64
**Excess of expenditure over income to General Fund**
(14,302.28)
**2021**|**£**
**£**
19,731.00
15,863.39
20,273.03
62,434.00
118,301.42
27,615.13
145,916.55
19,200.00
-
1,777.00
513.27
0.33
125.00
-
767.72
168,299.87
131,847.28
10,880.70
7,700.56
13,034.93
4,859.69
8,479.10
2,214.21
1,073.59
5,494.25
396.31
-
1,225.00
3,474.93
1,816.59
1,393.10
1,550.00
8,360.75
203,800.99
(35,501.12)
**2020**| |---|---| 3 ## **LIGHTHOUSE COMMUNITY CHURCH** ## **BUILDING FUND INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2021** |**£**
**£**
**INCOME**
Offerings/gifts
51,382.00
Fund raising events
-
Legacy
-
51,382.00
Tax refunds
4,523.13
55,905.13
Interest received
2.81
55,907.94
**EXPENDITURE:**
Utilities, maintenance etc
-
Donation
-
Interest payable
9,604.05
Sundry expenses
-
9,604.05
**Excess of income over expenditure to Building Fund**
46,303.89
**2021**|**£**
**£**
72,518.73
442.45
10,000.00
82,961.18
8,831.98
91,793.16
2.58
91,795.74
1,781.43
1,000.00
12,549.79
8.04
15,339.26
76,456.48
**2020**| |---|---| ## **GIVE AWAY INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2021** |**INCOME**
BMS birthday scheme
Easter offering
Lockdown offering
Operation hello
Lebanon
Individual church partners
**EXPENDITURE:**
Donations made|**£**
**£**
90.00
1,675.00
490.00
305.00
2,401.00
34.00
4,995.00
4,995.00
4,995.00
-
**2021**|**£**
**£**
500.00
-
-
-
-
-
500.00
500.00
500.00
-
**2020**| |---|---|---| 4 ## **LIGHTHOUSE COMMUNITY CHURCH** ## **CAFE INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2021** |**INCOME**
Café income
Cash float
**EXPENDITURE:**
Opening stock
Stock and sundries
Closing stock
**Excess of expenditure over income to General Fund**|**£**
**£**
1,521.33
-
1,521.33
2,315.00
985.38
(1,215.00)
2,085.38
(564.05)
**2021**| |---|---| 5 ## **LIGHTHOUSE COMMUNITY CHURCH** ## **BALANCE SHEET YEAR ENDED 31 MARCH 2021** |**FIXED ASSETS -**per schedule
**CURRENT ASSETS**
Barclays current account
Barclays saver account
Baptist Union account
Barclays building fund account
Petty cash account
Stock and work in progress
Prepayments
Less:
**CURRENT LIABILITIES**
Creditors
Baptist Union loans
BBF
Interest free loans
**NET CURRENT LIABILITIES**
**NET ASSETS**
**GENERAL FUND**
Balance b/fwd
Excess of expenditure over income
Café excess of expenditure over income
**BUILDING FUND**
Balance b/fwd
Excess of income over expenditure|**£**
**£**
1,957,051.14
4,814.77
7,514.25
305.56
8,938.01
25.00
1,215.00
1,834.05
24,646.64
7,327.40
293,176.77
20,000.00
47,000.00
(367,504.17)
(342,857.53)
1,614,193.61
584,269.16
(14,302.28)
(564.05)
569,402.83
998,486.89
46,303.89
1,044,790.78
1,614,193.61
**2021**|**£**
**£**
1,960,410.01
4,586.59
6,011.44
304.86
2,556.01
25.00
2,315.00
859.86
16,658.76
2,240.00
315,072.72
30,000.00
47,000.00
(394,312.72)
(377,653.96)
1,582,756.05
619,504.00
(35,501.12)
266.28
584,269.16
922,030.41
76,456.48
998,486.89
1,582,756.05
**2020**| |---|---|---| 6 ## **LIGHTHOUSE COMMUNITY CHURCH** ## **FIXED ASSETS YEAR ENDED 31 MARCH 2021** |**Cost**
At 31st March 2020
Additions
Disposal
At 31st March 2021
**Depreciation**
At 31st March 2020
Charge for the year
At 31st March 2021
**Net Book Value**
At 31st March 2020
At 31st March 2021|**TOTAL**
**MANSE**
**CROMER ROAD**
**FIXTURES AND**
**EQUIPMENT**
**£**
**£**
**£**
**£**
2,057,795.99
309,250.02
1,626,077.73
122,468.24
3,882.26
-
-
3,882.26
-
-
-
-
2,061,678.25
309,250.02
1,626,077.73
126,350.50
97,385.98
-
-
97,385.98
7,241.13
-
-
7,241.13
104,627.11
-
-
104,627.11
1,960,410.01
309,250.02
1,626,077.73
25,082.26
1,957,051.14
309,250.02
1,626,077.73
21,723.39| |---|---| 7 CHARITY NUMBER: 1146572 LIGHTHOUSE COMMUNITY CHURCH STATEMENT OF ACCOUNTS YEAR ENDED 31 MARCH 2021 ## **LIGHTHOUSE COMMUNITY CHURCH** ## **YEAR ENDED 31 MARCH 2021** ## **CONTENTS** ||Page| |---|---| |ACCOUNTANTS REPORT|2| |GENERAL FUND INCOME AND EXPENDITURE ACCOUNT|3| |BUILDING FUND INCOME AND EXPENDITURE ACCOUNT|4| |GIVE AWAY INCOME AND EXPENDITURE ACCOUNT|4| |CAFÉ INCOME AND EXPENDITURE ACCOUNT|5| |BALANCE SHEET|6| |FIXED ASSET SCHEDULE|7| ## **LIGHTHOUSE COMMUNITY CHURCH** ## **ACCOUNTANTS REPORT YEAR ENDED 31 MARCH 2021** We hereby certify that the accounts for the year 31st March 2021 have been prepared, without carrying out an audit, from the Church's accounting records and information supplied by the treasurer. Our accounting procedures include examination, on a test basis, of evidence relevant to the amounts and disclosures in the accounts and an assessment of whether the accounting policies are appropriate to the Charity's circumstances, consistently applied and adequately disclosed. We have obtained all information and explanations which we considered necessary to enable us to give reasonable assurance that the accounts are free from material errors. In our opinion the accounts reasonably reflect the state of the Church's financial affairs as at 31st March 2021 and of its surpluses/deficits for the period then ended. ## **Timothy Hignett and Partners Limited** 7 High Street Cromer Norfolk NR27 9HG 20th July 2021 Approved on behalf of the leadership team and church trustees on 20th July 2021 C J Gould, Treasurer 2 ## **LIGHTHOUSE COMMUNITY CHURCH** ## **GENERAL FUND INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2021** |**£**
**£**
**INCOME**
Offerings:
Non Gift Aid
Cash/env
20,218.29
Standing orders
6,054.10
Gift Aid:
Cash/env
22,298.00
Standing orders
72,442.00
121,012.39
Tax refunded
34,000.00
155,012.39
Rent
-
CJRS
30,017.27
Donations
-
Stir
-
Interest received
0.70
New day
-
Hardship fund
2,146.00
Sundry income
160.00
187,336.36
**EXPENDITURE:**
Remuneration
139,968.98
Housing expenses
9,349.90
Administration
8,769.14
Utilities
5,904.36
Telephone
5,905.09
Maintenance
4,422.21
Insurance
2,484.27
Subscriptions and licences
2,372.35
Catering and housekeeping
5,124.97
Sundry expenses
446.58
Hardship fund
1,086.95
Mission
1,255.40
Training
4,109.86
Outreach
920.95
Personal
2,276.49
Stir weekend
-
Depreciation - Fixtures and fittings
7,241.14
201,638.64
**Excess of expenditure over income to General Fund**
(14,302.28)
**2021**|**£**
**£**
19,731.00
15,863.39
20,273.03
62,434.00
118,301.42
27,615.13
145,916.55
19,200.00
-
1,777.00
513.27
0.33
125.00
-
767.72
168,299.87
131,847.28
10,880.70
7,700.56
13,034.93
4,859.69
8,479.10
2,214.21
1,073.59
5,494.25
396.31
-
1,225.00
3,474.93
1,816.59
1,393.10
1,550.00
8,360.75
203,800.99
(35,501.12)
**2020**| |---|---| 3 ## **LIGHTHOUSE COMMUNITY CHURCH** ## **BUILDING FUND INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2021** |**£**
**£**
**INCOME**
Offerings/gifts
51,382.00
Fund raising events
-
Legacy
-
51,382.00
Tax refunds
4,523.13
55,905.13
Interest received
2.81
55,907.94
**EXPENDITURE:**
Utilities, maintenance etc
-
Donation
-
Interest payable
9,604.05
Sundry expenses
-
9,604.05
**Excess of income over expenditure to Building Fund**
46,303.89
**2021**|**£**
**£**
72,518.73
442.45
10,000.00
82,961.18
8,831.98
91,793.16
2.58
91,795.74
1,781.43
1,000.00
12,549.79
8.04
15,339.26
76,456.48
**2020**| |---|---| ## **GIVE AWAY INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2021** |**INCOME**
BMS birthday scheme
Easter offering
Lockdown offering
Operation hello
Lebanon
Individual church partners
**EXPENDITURE:**
Donations made|**£**
**£**
90.00
1,675.00
490.00
305.00
2,401.00
34.00
4,995.00
4,995.00
4,995.00
-
**2021**|**£**
**£**
500.00
-
-
-
-
-
500.00
500.00
500.00
-
**2020**| |---|---|---| 4 ## **LIGHTHOUSE COMMUNITY CHURCH** ## **CAFE INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2021** |**INCOME**
Café income
Cash float
**EXPENDITURE:**
Opening stock
Stock and sundries
Closing stock
**Excess of expenditure over income to General Fund**|**£**
**£**
1,521.33
-
1,521.33
2,315.00
985.38
(1,215.00)
2,085.38
(564.05)
**2021**| |---|---| 5 ## **LIGHTHOUSE COMMUNITY CHURCH** ## **BALANCE SHEET YEAR ENDED 31 MARCH 2021** |**FIXED ASSETS -**per schedule
**CURRENT ASSETS**
Barclays current account
Barclays saver account
Baptist Union account
Barclays building fund account
Petty cash account
Stock and work in progress
Prepayments
Less:
**CURRENT LIABILITIES**
Creditors
Baptist Union loans
BBF
Interest free loans
**NET CURRENT LIABILITIES**
**NET ASSETS**
**GENERAL FUND**
Balance b/fwd
Excess of expenditure over income
Café excess of expenditure over income
**BUILDING FUND**
Balance b/fwd
Excess of income over expenditure|**£**
**£**
1,957,051.14
4,814.77
7,514.25
305.56
8,938.01
25.00
1,215.00
1,834.05
24,646.64
7,327.40
293,176.77
20,000.00
47,000.00
(367,504.17)
(342,857.53)
1,614,193.61
584,269.16
(14,302.28)
(564.05)
569,402.83
998,486.89
46,303.89
1,044,790.78
1,614,193.61
**2021**|**£**
**£**
1,960,410.01
4,586.59
6,011.44
304.86
2,556.01
25.00
2,315.00
859.86
16,658.76
2,240.00
315,072.72
30,000.00
47,000.00
(394,312.72)
(377,653.96)
1,582,756.05
619,504.00
(35,501.12)
266.28
584,269.16
922,030.41
76,456.48
998,486.89
1,582,756.05
**2020**| |---|---|---| 6 ## **LIGHTHOUSE COMMUNITY CHURCH** ## **FIXED ASSETS YEAR ENDED 31 MARCH 2021** |**Cost**
At 31st March 2020
Additions
Disposal
At 31st March 2021
**Depreciation**
At 31st March 2020
Charge for the year
At 31st March 2021
**Net Book Value**
At 31st March 2020
At 31st March 2021|**TOTAL**
**MANSE**
**CROMER ROAD**
**FIXTURES AND**
**EQUIPMENT**
**£**
**£**
**£**
**£**
2,057,795.99
309,250.02
1,626,077.73
122,468.24
3,882.26
-
-
3,882.26
-
-
-
-
2,061,678.25
309,250.02
1,626,077.73
126,350.50
97,385.98
-
-
97,385.98
7,241.13
-
-
7,241.13
104,627.11
-
-
104,627.11
1,960,410.01
309,250.02
1,626,077.73
25,082.26
1,957,051.14
309,250.02
1,626,077.73
21,723.39| |---|---| 7