Bexleyheath Community Church
Report and Accounts Year ended 31 July 2021
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
BEXLEYHEATH COMMUNITY CHURCH
COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2021
The charity is also known as
New Hope Church
Trustees Ms R Hood Ms L A Martin Mr R C Thomas Mr G Vincer Ms S Vincer Company Secretary Mr G Vincer Governing Document Memorandum and Articles of Association dated 9 July 2012 Company Registration Number 8134173 Charity Registration Number 1148417 Registered Office 3 Brantwood Avenue Erith Kent DA8 1EH Principal Address Lyndhurst Chapel Lyndhurst Road Barnehurst DA7 6DL Independent Examiner Ajay Rajani FCIE Stewardship 1 Lamb's Passage London EC1Y 8AB Bankers Lloyds Bank PO Box 1000 Andover BX1 1LT
| Contents | Page |
|---|---|
| Company Information | 1 |
| Trustees' Annual Report | 2-4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Accounts | 8-13 |
| Detailed Statement of Financial Activities with Comparatives | 14 |
Page 1
BEXLEYHEATH COMMUNITY CHURCH
TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 JULY 2021
The trustees, who are the charity's directors for the purposes of company law, have pleasure in submitting the Report and Accounts for the year.
Objects of the charity
The Trust seeks to demonstrate the Christian faith in action by acting as a church in the Bexleyheath area.
Summary of the charity's main activities and achievements
The Church is not a building, but a gathering of ordinary people of different ages and backgrounds, whose lives have been changed by Jesus Christ, the Son of God. The New Testament reveals the Church as a community of people, properly taught and cared for, who by loving and serving Jesus Christ, were also committed to love and care for each other and to bring His love and message of salvation to the area in which they lived.
New Hope Church (the operating name of the legal entity - Bexleyheath Community Church), its trustees, elders and members are committed to the New Testament principles. The vision is to see the people of the borough of Bexley come into this experience of knowing Jesus as their Lord, Saviour and friend.
New Hope Church continues to utilise Lyndhurst Chapel to make the good news of Jesus Christ known in the local community.
We continue to make opportunities for people to experience the love of God and respond to the Gospel message through our regular Sunday meetings, a variety of mid-week meetings and at other special events organised through the church. These have continued in different forms over the last year as we have sought to face the challenges and uncertainties presented by the changing nature of the rules and requirements presented by the Covid 19 epidemic.
We continue to work with small groups and as far as possible foster deeper community relationships. Although many of our community facing groups stopped for the pandemic, we have now restarted our toddler group and for the older members of the community our G.O.D. (Growing Old Disgracefully) coffee morning continues to flourish.
Without a dedicated team of volunteers from within our church community, we would not be able to meet our objectives, so we are dependent on many of our members who give selflessly of their time in our various activities throughout the week.
During the pandemic we were able to offer cooked meals on a weekly basis (as part of a cross-churches initiative) to several homes within our area who were in need. We have also supported individuals in difficult circumstances who have become known to us in a variety of ways. This help ranges from supplying them food to arranging internet deliveries of clothing or food where they have no access to the internet themselves.
New Hope Church (Bexleyheath Community Church) is part of the 'Catalyst' family of churches and we support the ideals and ministry of Catalyst through attendance by leaders and other church members at conferences and other meetings. This may be in person or using online means. We also support their work through regular financial giving to projects, both in the UK and the wider world.
The church has started to support the funding of a couple from within the Catalyst sphere of churches who have moved to Greece to work among, and seek to plant churches in refugee camps there.
In planning activities the Trustees have had regard to the guidance on public benefit issued by the Charity Commission.
Page 2
BEXLEYHEATH COMMUNITY CHURCH
TRUSTEES' ANNUAL REPORT CONTINUED
Structure, Governance and Management
Responsibility for setting policy and for determining the parameters within which the charity should operate and for making operating decisions rests with the Trustees who meet regularly to monitor the activities of the charity. New Trustees are recruited and appointed by the existing Trustees.
Financial review
During the year income decreased by £28,938 to £72,723. In the previous year the charity benefited from some large one off gifts and the charity also received income from conferences (no conferences took place in 2020/21 because of the pandemic). Expenditure decreased by £26,606 to £87,235 because there was less expenditure on grant making and there were no conference expenses. As a result the deficit for the year was £14,512 (2020: £12,180) and net assets decreased by that amount to £623,420. Net current assets (which is a measure of liquidity) decreased by £5,064 to £91,214; net current assets included unrestricted cash of £88,451.
Reserves policy
The Trustees have determined that the charity should aim to hold free reserves (defined as being unrestricted cash) of no less than £25,000 (which equates to about 3 usual month's expenditure) and no more more than £100,000 (which equates to about 12 month's usual expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £88,451 and the charity is complying with its reserves policy.
Key risks and uncertainties
The Trustees have reviewed the risks to which a small charity operating with one employee is exposed. Appropriate procedures are in place to identify, monitor and review these risks on a regular basis.
Responsibilities of Trustees under company law
The Trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether the applicable accounting standards have been followed, subject to any material departures
disclosed and explained in the financial statements; and
- prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity
will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 3
BEXLEYHEATH COMMUNITY CHURCH
TRUSTEES' ANNUAL REPORT CONTINUED
Approval
This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the Trustees and signed on their behalf by:
G Vincer Trustee
Date: 25 January 2022
Page 4
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
BEXLEYHEATH COMMUNITY CHURCH
('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2021 on pages 6 to 14 following, which have been prepared on the basis of the accounting policies set out on pages 8 to 9.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Ajay Rajani FCIE Stewardship 1 Lamb's Passage London EC1Y 8AB
28 January 2022
Page 5
BEXLEYHEATH COMMUNITY CHURCH
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JULY 2021
| Note INCOME AND ENDOWMENTS FROM: Donations 3 Charitable activities 4 Interest Other income: Bank compensation/refunds Total income and endowments EXPENDITURE ON: Charitable activities 5 Total expenditure Net income/(expenditure) Transfers between funds 12 Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 12 |
Unrestricted Funds £ 72,105 609 10 - 72,723 87,235 87,235 (14,512) - (14,512) 637,932 623,420 |
Restricted Funds £ - - - - - - - - - - - - |
Total Funds 2021 £ 72,105 609 10 - 72,723 87,235 87,235 (14,512) - (14,512) 637,932 623,420 |
Total Funds 2020 £ 88,465 10,161 33 3,002 |
|---|---|---|---|---|
| 101,661 | ||||
| 113,841 | ||||
| 113,841 | ||||
| (12,180) - |
||||
| (12,180) 650,112 |
||||
| 637,932 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing operations.
The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.
The notes on page 8 - 14 form part of these accounts.
Page 6
BEXLEYHEATH COMMUNITY CHURCH
BALANCE SHEET
FOR THE YEAR ENDED 31 JULY 2021
| Note FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank and in hand 9 CREDITORS: Amounts falling due within one year 10 Net current assets TOTAL NET ASSETS FUND BALANCES 12 Unrestricted Funds General funds Designated funds Restricted Funds |
Unrestricted Funds £ 532,206 532,206 5,796 88,451 94,247 (3,033) 91,214 623,420 95,420 528,000 623,420 - 623,420 |
Restricted Funds £ - - - - - - - - - - - - - |
Total Funds 2021 £ 532,206 532,206 5,796 88,451 94,247 (3,033) 91,214 623,420 95,420 528,000 623,420 - 623,420 |
Total Funds 2020 £ 541,654 |
|---|---|---|---|---|
| 541,654 | ||||
| 833 98,450 |
||||
| 99,283 (3,005) |
||||
| 96,278 | ||||
| 637,932 | ||||
| 97,932 540,000 |
||||
| 637,932 - |
||||
| 637,932 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2021 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.
The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities for:
-
(a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its net income or expenditure for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the Board of Directors and were signed on its behalf by:
G Vincer
Date: 25 January 2022
Company number: 8134173
Charity number: 1148417
The notes on page 8 - 14 form part of these accounts.
Page 7
BEXLEYHEATH COMMUNITY CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2021
1 Statutory Information
The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.
2 Accounting Policies
These financial statements are prepared on a going concern basis, under the historical cost convention.
These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.
The principles adopted in the preparation of the financial statements are set out below.
a) Going concern
The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements. In making this assessment the trustees have considered how Covid-19 might affect projections.
b) Income
Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
Income from donations includes recoverable gift aid, which is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.
Income from legacies is recognised when a distribution is received from the estate or, if earlier, when the charity has been notified that a distribution will be made and the amount receivable can be measured reliably.
The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.
Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from conferences, retreats and other events and courses.
c) Expenditure
Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.
The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.
Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.
Page 8
BEXLEYHEATH COMMUNITY CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2021
2 Accounting Policies continued
d) Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
e) Tangible fixed assets
Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:
Freehold property Over 50 years Equipment Over 5 years
The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.
f) Pension scheme arrangements
The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.
g) Taxation The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.
l) Financial instruments The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive.
n) Exemption from preparing a cashflow statement
The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.
3 Donations
| ations | ||
|---|---|---|
| Donations of cash and similar Income tax recoverable me from charitable activities Conferences and events Other |
2021 £ 61,204 10,901 72,105 2021 £ - 609 609 |
2020 £ 78,100 10,365 |
| 88,465 | ||
| 2020 £ 10,161 - |
||
| 10,161 |
4 Income from charitable activities
Page 9
BEXLEYHEATH COMMUNITY CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2021
5 Charitable expenditure
| 5 Charitable expenditure |
||
|---|---|---|
| a Costs incurred directly on specific activities Staff costs Ministry expenses Youth and children's work Events Other Grants payable (note 5c) b Costs incurred on support & administration Governance costs Independent examiner's fee for preparing and examining the accounts Church property costs Depreciation on church property and equipment Phone and communications Other professional fees Insurance Total expenditure |
2021 £ 48,330 - 252 552 1,770 7,825 58,728 1,380 10,410 13,323 496 1,591 1,306 28,507 87,235 |
2020 £ 49,353 631 1,186 8,924 1,832 17,850 |
| 79,776 | ||
| 1,350 13,467 15,548 802 1,622 1,276 |
||
| 34,065 | ||
| 113,841 |
The fee payable to the independent examiner for preparing and examining the accounts was £1,380 (2020: £1,350); in addition the charity paid £50 (2020: £68) to Stewardship for consultancy services.
c Grants payable
| Grants for UK and overseas mission The comparatives for the previous year are as follows: Grants for UK and overseas mission The charity's principal grants to institutions comprised: Catalyst Network Mission to Greece (via Catalyst Network) Cornerstone Recovery through Christ Other under £1,000 |
Institutions £ 5,850 Institutions £ 17,850 |
Individuals £ - Individuals £ - 2021 £ 3,000 1,800 450 600 5,850 |
2021 £ 5,850 |
|---|---|---|---|
| 2019 £ 17,850 |
|||
| 2020 £ 3,000 12,600 1,650 600 |
|||
| 17,850 |
Page 10
BEXLEYHEATH COMMUNITY CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2021
6 Analysis of staff costs, the cost of key management personnel and trustee remuneration
| ysis of staff costs, the cost of key management personnel and trustee remuneration | ||
|---|---|---|
| Gross wages and salaries Social security Pension costs |
2021 £ 46,000 1,137 1,193 48,330 |
2020 £ 46,000 2,158 1,195 |
| 49,353 |
The average monthly number of employees during the year was 1 (2020: 1). Most of the charity's activities are carried out by volunteers.
No staff received salaries at a rate of more than £60,000 per annum.
During the year key management received employment benefits totalling £47,193 (2020: £47,195).
No trustees received employment benefits in either the current or preceding year.
7 Tangible fixed assets
| Cost At 1 August 2020 Additions At 31 July 2021 Accumulated depreciation At 1 August 2020 Charge for the year At 31 July 2021 Net book value At 31 July 2021 At 31 July 2020 |
Freehold Property £ 600,000 - 600,000 60,000 12,000 72,000 528,000 540,000 |
Fixtures, fittings and equipment £ 17,740 3,876 21,616 16,086 1,323 17,409 4,206 1,654 |
Total 2021 £ 617,740 3,876 |
|---|---|---|---|
| 621,616 | |||
| 76,086 13,323 |
|||
| 89,409 | |||
| 532,206 | |||
| 541,654 |
Previously the charity was constituted as a Trust. In 2014 the assets, liabilities and activities of the Trust were transferred to this charitable company; at the date of transfer, the market value of freehold property was estimated to be £600,000.
8 Debtors
| Tax recoverable h at Bank and in Hand Bank current account Bank deposit accounts |
2021 £ 5,796 5,796 2021 £ 12,032 76,419 88,451 |
2020 £ 833 |
|---|---|---|
| 833 | ||
| 2020 £ 21,591 76,859 |
||
| 98,450 |
9 Cash at Bank and in Hand
Page 11
BEXLEYHEATH COMMUNITY CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2021
10 Creditors: liabilities falling due within one year
| itors: liabilities falling due within one year | ||
|---|---|---|
| Trade creditors Taxation and social security Accruals |
2021 £ 500 1,153 1,380 3,033 |
2020 £ 500 1,155 1,350 |
| 3,005 |
11 Pension commitments
During the year employer’s pension contributions totalling £1,193 (2020: £1,195) were payable to defined contribution personal pension schemes. At the balance sheet date pension contributions totalling £232 (2020: £232) were owed.
12 Funds
During the year the movements in the charity's funds were as follows:
| Designated Funds Capital fund General Unrestricted Funds Total Unrestricted Funds Restricted Funds Special offering fund Aggregate of funds |
Opening balance 2021 £ 540,000 97,932 637,932 - 637,932 |
Incoming resources 2021 £ - 72,723 72,723 - 72,723 |
Outgoing resources 2021 £ (12,000) (75,235) (87,235) - (87,235) |
Transfers in the year 2021 £ - - - - - |
Closing balance 2021 £ 528,000 95,420 |
|---|---|---|---|---|---|
| 623,420 - |
|||||
| 623,420 |
Analysis of net assets by fund
The assets and liabilities of the various funds were as follows:
| assets and liabilities of the various funds were as follows: | ||||
|---|---|---|---|---|
| Tangible fixed assets Debtors Cash at bank and in hand Creditors falling due within one year |
General Designated funds funds £ £ 4,206 528,000 5,796 - 88,451 - (3,033) - 95,420 528,000 Unrestricted Funds |
Restricted funds £ - - - - - |
2019 £ 532,206 5,796 88,451 (3,033) |
|
| General funds £ 4,206 5,796 88,451 (3,033) 95,420 |
||||
| 623,420 |
Page 12
BEXLEYHEATH COMMUNITY CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2021
12 Funds continued
In the previous year the movements in the charity's funds were as follows:
| Designated Funds Capital fund General Unrestricted Funds Total Unrestricted Funds Restricted Funds Special offering fund Aggregate of funds |
Opening balance 2020 £ 552,000 98,112 650,112 - 650,112 |
Incoming resources 2020 £ - 89,383 89,383 12,278 101,661 |
Outgoing resources 2020 £ (12,000) (89,563) (101,563) (12,278) (113,841) |
Transfers in the year 2020 £ - - - - - |
Closing balance 2020 £ 540,000 97,932 |
|---|---|---|---|---|---|
| 637,932 - |
|||||
| 637,932 |
Analysis of net assets by fund
In the previous year, the assets and liabilities of the various funds were as follows:
| Tangible fixed assets Debtors Cash at bank and in hand Creditors falling due within one year |
General Designated funds funds £ £ 1,654 540,000 833 - 98,450 - (3,005) - 97,932 540,000 Unrestricted Funds |
Restricted funds £ - - - - - |
2020 £ 541,654 833 98,450 (3,005) |
|
|---|---|---|---|---|
| General funds £ 1,654 833 98,450 (3,005) 97,932 |
||||
| 637,932 |
The Capital fund is a designated fund and represents funds set aside by the trustees for investment in property; the carried forward balance on the fund is represented by the net book value of the charity's property.
The Special offering fund is a restricted fund, which has been created by donations received for specific purposes. This year's donations were made to support grant making to a ministry in Greece.
13 Transactions with related parties
During the year the charity:
a) received donations totalling £4,283 (2020: £4,062) from related parties (which includes trustees, key management and anyone closely connected to them).
- b) no expenses (2020: £nil) were paid to, or for, the trustees (except for the reimbursement of expenses incurred when acting as agent for the charity).
Except as disclosed in note 6 'Analysis of staff costs', there have been no other transactions with related parties during the year.
14 Members
Each member of the company commits to contribute if the charity is wound up an amount of £10.
Page 13
BEXLEYHEATH COMMUNITY CHURCH
DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES
FOR THE YEAR ENDED 31 JULY 2021
| INCOME AND ENDOWMENTS FROM: Donations Charitable activities Interest Other income Total income and endowments EXPENDITURE ON: Charitable activities: Total Expenditure Net income/(expenditure) Transfers between funds Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
General Designated 2021 2021 £ £ 72,105 - 609 - 10 - - - 72,723 - 75,235 12,000 75,235 12,000 (2,512) (12,000) - - (2,512) (12,000) 97,932 540,000 95,420 528,000 Unrestricted funds |
Restricted 2021 £ - - - - - - - - - - - - |
Total 2021 £ 72,105 609 10 - 72,723 87,235 87,235 (14,512) - (14,512) 637,932 623,420 |
General Designated 2020 2020 £ £ 76,187 - 10,161 - 33 - 3,002 - 89,383 - 89,563 12,000 89,563 12,000 (180) (12,000) - - (180) (12,000) 98,112 552,000 97,932 540,000 Unrestricted funds |
Restricted 2020 £ 12,278 - - - 12,278 12,278 12,278 - - - - - |
Total 2020 £ 88,465 10,161 33 3,002 101,661 113,841 113,841 (12,180) - (12,180) 650,112 637,932 |
|||
|---|---|---|---|---|---|---|---|---|---|
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