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2021-03-31-accounts

FATHER’S PLACE

FINANCIAL STATEMENTS

FOR

31 MARCH 2021

Company number 8004028 Charity Number 1147137

FATHER’S PLACE

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2021

CONTENTS PAGES
Charity information 1
Directors’ annual report 2 to 6
Independent examiner’s report 7
Statement of financial activities 8
Balance sheet 9
Notes to the financial statements 10 to 16

Page 1

FATHER’S PLACE

CHARITY INFORMATION

Company number 8004028 Charity number 1147137 Working names The Community Church Wrexham Directors Mr P H Arton Mrs S Lumb Mr I Thomas Mr P S Izzard Mrs K Cooper (Appointed 1 February 2021) Mrs K A Paxton (Resigned 30 November 2020) Registered office 15 Prices Lane Rhosddu Wrexham LL11 2NB Independent examiner Mr L M Howson Finansure Limited 2 Sheppard Street Brymbo Wrexham LL11 5FF

Page 2

FATHER’S PLACE

DIRECTORS’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2021

The directors have pleasure in presenting their report and the financial statements of the charity for the year ended 31 March 2021. The directors have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities (revised 2019)” in preparing the annual report and financial statements of the charity.

GENERAL INFORMATION

The charity is a company limited by guarantee registered on 23[rd] March 2012 and governed by its Memorandum and Articles of Association. Father’s Place was registered with the Charity Commission on 4[th] May 2012.

Directors

The directors during the year are as stated on page 1. New directors are appointed by the board of directors, on the basis of their personal Christian faith and commitment to the objectives of the charity. They serve for an indefinite period. In accordance with the governing document, there is always to be a minimum of three directors and the number of directors receiving paid remuneration from the charity must always be a minority.

OBJECTIVES, ORGANISATION AND ACTIVITIES

The objects of the charity, as set out in its Memorandum of Association, are:

Page 3

FATHER’S PLACE

DIRECTORS’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2021

Organisation

The directors meet formally on an annual basis to approve the Directors’ Annual Report and Accounts. Additionally they meet on a much more frequent basis to seek God’s will and to discuss operational aspects of the charity’s work. Day to day management of certain operational functions is delegated to various other people in the church, for example:

The directors have the power to invest the resources of the charity in such assets as they see fit.

Reserving Policy

It is the policy of the charity to maintain unrestricted assets at a level which equates to approximately three months unrestricted expenditure. In the view of the directors, this provides sufficient funds to cover essential management, administration and support costs during a year where changes may be necessitated through adverse circumstances.

Risk Assessment

The directors have considered the key operational, financial, and strategic risks that have a bearing on the charity. Suitable management information is available to the directors on a regular basis to monitor these risks, and allow any mitigating action to be taken to address them. Insurance cover is in place and reviewed on an annual basis. The charity has a child protection policy in place, and all those who work regularly with children and young adults have had appropriate Criminal Records Bureau checks.

Public benefit

The charity directors have complied with their duty to have due regard to the guidance on public benefit, and the supplementary guidance on the advancement of religion for the public benefit, published by the Charity Commission, in exercising their powers and duties.

HIGHLIGHTS OF ACTIVITIES AND FUTURE PLANS

This is the ninth year that the charity has been in existence and it continues actively to pursue its objectives. This is the eight complete 12 months as a reporting period. The Community Church Wrexham is the working name of Father’s Place. The Community Church has previously been registered under a separate trust; it separated from this trust and started to run under its own identity on 1[st] September 2012. The building at 15 Prices Lane was also transferred to this charity on the same date.

Page 4

FATHER’S PLACE

DIRECTORS’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2021

The charity communicates and advertises it work through its own website - www.fathersplace.org.uk.

Nick Pengelly continued to work full-time in ministry, alongside the leadership team of Sue Pengelly, Phil and Mary Arton, and Phil and Jodie Jones. Chris and Senga Shaw resigned their position in the previous financial year. They were replaced, some 12 months later by, Paul and Sue Izzard.

This financial year has been dominated by the Covid-19 pandemic. By the start of the year we were in full lockdown. This had an significant impact on all the charity’s activities, however we were able to adapt and maintain our basic functionality as a church by using on-line facilities. The directors authorised expenditure on upgraded equipment to be able to record and stream services on-line and Nick Pengelly has also uploaded twice-weekly bible studies on a regular basis. After the Sunday service members used to ‘meet’ in a virtual coffee lounge on Zoom. As lockdown has eased we have held regular Sunday meetings on the premises in compliance with the current guidelines and under our own risk assessment, though these did not restart until April 2021. These services are live-streamed and uploaded for those unable or unwilling to attend during the pandemic.

Overall the charity has held together well during the pandemic. Regular giving has been maintained and grown in line with inflation. We have benefited from the furlough scheme which was applicable to a range of staff in the café, playgroup, and church. The café and playgroup have also successfully applied for a large number of relevant grants to grow and sustain the activities of these ministries.

The Wrexham building continued to be used by a regular term-time playgroup that provides four morning sessions per week. In addition there was a parent and toddler group that used the premises for a further 1 session per week. The activities of these groups and the related funds are under the auspices of the charity. Three people were employed to run the playgroup and one for the toddler group. These activities needed to be closed due to lockdown for the summer term with the staff on furlough. Playgroup restarted in September but was closed for 4 weeks in late January 2021, due to a Covid outbreak there.

The work into the local villages continued with a small congregation meeting in the Community Café under the leadership of Grace Lockhart. The congregation has its own bank account but operates with the support and governance of Father’s Place. This Community Café was an initiative launched in Rhosllanerchrugog in 2011 This is run mainly by volunteer help. The cafe has continued to grow in popularity and community impact. It runs at a small profit held in general funds and, this year has continued to be able to pay a full-time manager out of its income as well as pay for cover on Saturdays. It has been in receipt of a significant grants this year. Grace also runs a foodbank in the village and during lockdown the café was active in providing meals and other support to those in need in the community.

Sue Izzard continued to be employed as administrator, but is also active in pastoral care. She has largely been working from home during the pandemic.

The church was organising another week-long Christian event to take place at Blaithwaite Christian Centre just north of the Lake District in August 2021 but this had to be cancelled again because of the uncertainties introduced by the Covid-19 pandemic.

Page 5

FATHER’S PLACE

DIRECTORS’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2021

The church initiated a project late in 2014 to set up a centre for youth mentoring under the XLM banner. Abi Hughes has fully taken over from Mike Lacy and she continues to head up this project. Activities have been somewhat curtailed by the various lockdowns but contacts have been maintained and the project will continue into the coming year.

People attending The Community Church work with Christians Together in Wrexham to support many activities across the town that provide support to the local community. This includes Street Pastors, an International Christian Fellowship, Feeding the Roofless, a Foodbank and a Pregnancy Counselling Service (IPAC).

The church took on an intern in 2020 to focus on the music and worship aspects of the church life. The intern has been on furlough throughout this financial year.

The church operates a number of restricted funds for charitable purposes. One is the hardship fund for the relief of financial need. It is administered by two directors and is generally, but not exclusively, used to meet individual needs within the congregation. The other is a missions’ fund which has allowed us to sponsor a number of individuals involved in missionary work at home and abroad. We are also focusing on a building fund for a planned refurbishment and extension to the existing church building. This project kicked off in March 2021 with the appointment of a main building contractor. Having regard to the high cost of the total project it has been split into two phases with phase 1 being the refurbishment of the existing building and phase 2, an extension to follow later. The tender price for phase 1 was £110,000 plus VAT, plus professional fees.

REVIEW OF FINANCIAL ACTIVITIES

Total income for the year was £288,364 (2020 - £217,940). The main sources of income during the year were donations received £122,084 (2020 - £129,521) and Gift Aid claimed on donations £24,473 (2020 - £25,613).

Total expenditure for the year was £203,150 (2020 - £192,690). The main areas of expenditure for the year were ministry support £54,579 (27%), church running costs £53,391 (26%) and running costs of the community café £52,203 (26%).

The charity made a net surplus during the year of £85,214 and its unrestricted reserves at the year-end were £217,595 of which £78,337 are the general reserves of the charity.

Page 6

FATHER’S PLACE

DIRECTORS’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2021

STATEMENT OF DIRECTORS’ RESPONSIBILITIES

Charity law requires the directors to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of its financial activities for that year. In preparing those financial statements the directors are required to:

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

This report was approved by the directors on 13[th] December 2021, and is signed on their behalf by:

Philip Arton

Page 7

FATHER’S PLACE

INDEPENDENT EXAMINER’S REPORT TO THE DIRECTORS

I report on the accounts of the charity for the year ended 31 March 2021, which are set out on pages 8 to 16.

Respective responsibilities of directors and examiner

The trustees (who are also the directors of the company 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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of 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 directors 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 statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention to indicate that:

L M Howson MAAT

21st December

Finansure Ltd, 2 Sheppard Street, Brymbo, Wrexham, LL11 5FF

Page 8

FATHER’S PLACE

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)

YEAR ENDED 31 MARCH 2021

Unrestricted Restricted Totals Totals
Funds Funds 2021 2020
Note £ £ £ £
INCOME FROM:
Donations 2 224,491 51,867 276,358 167,342
Charitable activities 3 9,436 2,326 11,762 49,882
Investment income 244 - 244 716
─── ─── ─── ───
TOTAL INCOMING RESOURCES 234,171 54,193 288,364 217,940
─── ─── ─── ───
EXPENDITURE ON:
Charitable activities 4 155,720 47,430 203,150 192,690
─── ─── ─── ───
TOTAL RESOURCES EXPENDED 155,720 47,430 203,150 192,690
─── ─── ─── ───
NET INCOME/(EXPENDITURE)
FOR THE YEAR 78,451 6,763 85,214 25,250
Gross transfers between funds (11,672) 11,672 - -
─── ─── ─── ───
Net movement in funds 66,779 18,435 85,214 25,250
Balances brought forward 150,816 54,132 204,948 179,698
─── ─── ─── ───
Balances carried forward 217,595 72,567 290,162 204,948
─── ─── ─── ───

The charity has no recognised gains or losses other than the results for the year as set out above.

All of the activities of the charity are classed as continuing.

The notes on pages 10 to 16 form part of these financial statements.

Page 9

FATHER’S PLACE

BALANCE SHEET

31 MARCH 2021

Note 2021 2020
£ £
FIXED ASSETS
Tangible assets 9 47,604 44,473
─── ───
CURRENT ASSETS
Debtors 10 10,674 10,212
Cash at bank and in hand 234,549 157,206
─── ───
245,223 167,418
CREDITORS:amounts falling
due within one year 11 (2,665) (6,943)
─── ───
NET CURRENT ASSETS 242,558 160,475
─── ───
NET ASSETS 12 290,162 204,948
─── ───
FUNDS 13
Unrestricted funds
General reserve 78,337 81,547
Designated funds 139,258 69,269
Restricted funds 72,567 54,132
─── ───
TOTAL FUNDS 290,162 204,948
─── ───

The directors are satisfied that the charity is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the accounts for the year by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act.

The directors acknowledge their responsibility for:

These financial statements have been prepared in accordance with the special provisions for companies subject to the small companies’ regime, and with the Financial Reporting Standard (FRS 102).

These financial statements were approved by the directors on 13[th] December 2021 and are signed on their behalf by:

Philip Arton

The notes on pages 10 to 16 form part of these financial statements.

Page 10

FATHER’S PLACE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared under the historical cost convention, and in accordance with the Companies Act and Charities Act, the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities (effective January 2019) and the Financial Reporting Standard (FRS 102).

Fund accounting

Unrestricted funds are general funds which are available for use at the discretion of the directors in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes.

The cost of raising and administering such funds are charged against the specific fund. Investment income and gains are allocated to the appropriate fund.

Incoming resources

All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

No amounts are included in the financial statements for services donated by volunteers.

Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.

Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Fixed assets

Assets are capitalised if they cost more than £100 and have a useful life of more than one year. Depreciation is calculated to write down the cost of fixed assets over their expected useful lives.

Depreciation therefore is provided on the following basis:

No depreciation is charged on freehold land.

Page 11

FATHER’S PLACE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2021

2. DONATIONS

2021 2020
£ £
Unrestricted donations
- Tithes and offerings 88,621 86,929
- Villages donations 4,631 4,338
- Other unrestricted donations 1,250 200
Restricted donations
- Building fund 17,653 14,500
- Missions 5,600 4,000
- Internship - 7,000
- Special offerings 2,649 4,309
- Other restricted donations 1,680 1,245
Income tax recoverable:
- Unrestricted 19,346 20,658
- Restricted 5,127 4,955
Chaplain salary contributions 676 3,003
Grants received
- XLM youth grants 600 400
- Community café grants 91,161 15,805
- WCBC grants (Playgroup) 19,027 -
- HMRC JRS grants 18,337 -
─── ───
276,358 167,342
─── ───

3. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES

2021 2020
£ £
Acorns playgroup income 2,326 15,169
Acorns parent and toddler income (50) 773
Community café income 9,006 21,477
Conferences and events income 380 12,404
Photocopying and other income 100 59
─── ───
11,762 49,882
─── ───

Page 12

FATHER’S PLACE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2021

4. COSTS OF ACTIVITIES IN FURTHERANCE OF THE CHARITY’S OBJECTS

Activity or project Activities
undertaken
directly		 Grant
funding
of
activities
(note 5)		 Support
costs
(note 6)		 Employment
costs
(note 7)		 Total
2021		 Total
2020
£ £ £ £ £ £
Church running costs 1,694 - 22,298 29,399 53,391 62,470
Ministry support 44,309 2,235 - 8,035 54,579 52,532
Playgroup & toddler
group		 3,577 - - 11,117 14,694 18,432
Community café 16,435 1,500 364 33,904 52,203 31,727
Missions - 7,001 - - 7,001 6,052
Building renovations 13,808 - - 13,808 -
Church week away 1,500 - - - 1,500 12,338
Children & youth
projects		 168 - - 5,484 5,652 7,857
Other projects/events - 322 - - 322 1,282
TOTAL 81,491 11,058 22,662 87,939 203,150 192,690

5. GRANTS PAYABLE IN FURTHERANCE OF THE CHARITY’S OBJECTS

2021 2020
£ £
NGOs (UK)
- Equipe 2,009 -
- Capel Mawr (Rhos) 1,500 -
- Other (< £1,000) 22 860
Individuals (UK)
- Missions 4,992 5,192
- Ministry gifts 2,235 485
- Hardship fund gifts 300 400
─── ───
11,058 6,937
─── ───

Page 13

FATHER’S PLACE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2021

6. SUPPORT COSTS

SUPPORT COSTS
2021 2020
£ £
Website and promotion 165 564
Depreciation 3,383 2,527
Flowers and hospitality 409 472
Insurance 1,784 1,857
Office expenses 59 345
Equipment expenses 325 521
Postage, printing and stationery 713 1,070
Repairs and maintenance 1,805 11,025
Subscriptions and licences 1,158 1,047
Telephone and internet 615 617
Travel expenses - 375
Heat and light 3,331 5,631
Water 513 428
Bank charges 186 123
Bookkeeping & payroll 7,080 6,900
Accountancy & examiner’s fee 600 600
Other expenses 536 103
─── ───
22,662 34,205
─── ───

7.

EMPLOYMENT COSTS

2021 2020
£ £
Community café wages 33,904 16,981
Playgroup & toddler group wages 11,117 17,225
Ministry salaries 8,035 7,999
Youth mentoring wages 5,484 5,408
Administration salaries 28,447 25,485
Employer’s pension contributions 952 737
─── ───
87,939 73,835
─── ───

No employee received emoluments, as defined for taxation purposes, amounting to over £60,000 in the tax year.

The total number of employees during the year was 13 (2020 – 15), all of whom were part-time. They were made up of three staff at Acorns Playgroup, six café staff, two administrators, one XLM youth mentor and one hospital chaplain.

The average number of employees calculated on a full-time equivalent basis was 4 (2020 – 4).

Page 14

FATHER’S PLACE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2021

8. TRANSACTIONS WITH DIRECTORS AND RELATED PARTIES

Mrs S Izzard, the spouse of a director, received remuneration of £16,040 (2020 - £16,296) in her role as office administrator.

None of the directors received any remuneration or expenses during the year.

9. FIXED ASSETS

Cost
At 1 April 2020
Additions
Disposals
At 31 March 2021
Depreciation
At 1 April 2020
Charge for year
Disposals
At 31 March 2021
Net book value
At 31 March 2021
At 31 March 2020		 Freehold
property
£
56,680
-
-
56,680
15,846
834
-
16,680
40,000
40,834		 Church
equipment
£
21,692
4,593
-
26,285
18,053
2,185
-
20,238
6,047
3,639		 Café
equipment
£
Total
£
-
1,921
-
78,372
6,514
-
1,921
84,886
-
364
-
33,899
3,383
-
364
37,282
1,557
47,604
-
44,473

10. DEBTORS

2021 2020
£ £
Income tax recoverable 7,396 5,030
Prepayments 3,028 5,182
Other debtors 250 -
─── ───
10,674 10,212
─── ───

Page 15

FATHER’S PLACE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2021

11. CREDITORS: amounts falling due within one year

2021 2020
£ £
Accruals 1,600 2,731
Income received in advance 200 3,701
Other creditors 865 511
─── ───
2,665 6,943
─── ───

12. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fund balances at 31 03 2021
represented by:
Tangible fixed assets
Current assets
Current liabilities		 Restricted
funds
£
1,557
71,401
(391)
72,567		 Unrestricted
funds
£
46,047
173,822
(2,274)
217,595		 Total
£
47,604
245,223
(2,665)
290,162

13. STATEMENT OF FUNDS

At 1 April At 31 March
2020 Income Expenditure Transfers 2021
£ £ £ £ £
Unrestricted funds:
General reserve 81,547 128,392 (100,305) (30,827) 78,337
Designated building fund 54,496 180 - 20,000 74,676
Designated community café 9,037 100,167 (52,203) 876 58,347
Designated villages 5,736 5,432 (3,212) (1,721) 6,235
──── ──── ──── ──── ────
Total unrestricted funds 150,816 234,171 (155,720) (11,672) 217,595
──── ──── ──── ──── ────

Page 16

FATHER’S PLACE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2021

13. STATEMENT OF FUNDS (continued)

At 1 April At 31 March
2020 Income Expenditure Transfers 2021
£ £ £ £ £
Restricted funds:
Building fund 44,021 20,691 (13,808) - 50,904
CAP 799 420 - - 1,219
Hardship fund 349 955 (300) - 1,004
Missions fund 2,582 7,000 (6,992) - 2,590
Internship fund 4,836 - (9,606) 6,575 1,805
Special offerings & gifts 9 3,174 (1,933) - 1,250
Acorns playgroup 814 21,353 (14,757) 5,097 12,507
Acorns parent and toddler 72 - - - 72
XLM youth fund 650 600 (34) - 1,216
──── ──── ──── ──── ────
Total restricted funds 54,132 54,193 (47,430) 11,672 72,567
──── ──── ──── ──── ────
Total funds 204,948 288,364 (203,150) - 290,162
──── ──── ──── ──── ────

Transfers to restricted funds represent HMRS JRS grants received towards supporting staff who were paid from these restricted funds.

The general reserve represents the free funds of the charity which are not designated for particular purposes.

The designated building fund represents funds which the directors have set aside towards an extension on the current building at Prices Lane. The directors set aside a further £20,000 out of the general reserves into this fund during the year.

The community café and villages designated funds represent funds set aside for these projects. Transfers into these funds represent balances brought forward which weren’t distinguished from general reserves in the previous year.

The restricted building fund represents donations given towards the costs of the building renovations at Prices Lane less costs expended.

The CAP fund represents donations given towards the work of CAP (Christians Against Poverty) in Wrexham. This currently supports the running of CAP Money Courses by members of the congregation, with any excess being passed to CAP head office in Bradford.

The hardship fund (previously called ‘benevolent fund’) represents monies given towards helping those affected by poverty.

The missions fund represents donations given towards supporting missionaries.

The internship fund represents donations towards the employment costs of an intern.

The special offerings and gifts fund represents donations given for specific purposes or beneficiaries as stated at the time of the offering or gift.

The Acorns playgroup and Acorns parent and toddler group are run separately but operate from The Community Church Centre. Their year-end balances represent their bank balances as at 31 March 2021 less accrued wages.

The XLM youth fund represents grants and donations towards the XLM youth mentoring project.