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2021-11-30-accounts

Trustees' Annual Report for the period

1 December 2020 To

30 November

2021

From

Period start date Period end date

Section A Reference and administration details

Charity name Regent Christian Fellowship

Other names charity is known by Regent Chapel

Registered charity number (if any) 1149241

Charity's principal address Regent Chapel, Regent Farm Road

Gosforth Newcastle upon Tyne

Postcode NE3 3HD

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
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19
20
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Keith Mowat Chairman
Paul Mullis Treasurer
Andrew Gibson Full Time Elder
Peter Hedley
Fiona Waugh
Laura Elliott

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

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Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Andrew Gibson: Full Time Elder.

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

[Trust deed ]

How the charity is constituted

[Trust ]

Trustee selection methods

[Appointed by incumbent trustees ]

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The Objects of the Trust are, for the benefit of the public, to advance the Christian faith in accordance with the Statement of Beliefs in such ways and in such parts of the United Kingdom or the world as the Trustees may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the Trust.

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Trustees have had regard to the guidance issued by the Charity Commission on public benefit and consider the operation of normal church worship activities and additional social welfare activities, including operating a Churches Against Poverty Debt Centre and gifts to organisations and individuals working within the UK and the rest of the world who have aims and objectives compatible with those of the Charity, to be within the definition.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

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Section D Achievements and performance

Summary of the main achievements of the charity during the year

A program of weekly worship, evangelism and service to the community was undertaken throughout the year. Covid-19 restrictions again impacted on our ability to meet for much of the year, with a hybrid approach of socially distanced worship and online streaming. While restrictions were relaxed in the summer some of our normal activities were resumed – such as our annual “community fun day”, and a new regular “Oaks and Acorns” group focussed on the needs of grandparents looking after grandchildren was begun. Donations from Members again increased in comparison to the prior year, and membership has grown, although for many, an inability to attend services in person is remaining a hardship.

The Christians Against Poverty Debt Centre has continued to operate successfully throughout the year seeing several individuals becoming clear of debt and others continuing to make progress towards that aim. Due to Covid restrictions, in person meetings were reduced over part of the year, however a combination of social distancing and telephone support has enabled the work to continue. External financial support from trusts, while improving over 2020 remained low, with the Fellowship meeting the funding balance from reserves and financial support of the congregation.

7 organisations working elsewhere in the UK and 1 overseas in furtherance of aims compatible with the objects of the Trust were supported with financial gifts. These varied between a value of £389 and £12,000 and totalled £19,920.

During the year the Fellowship completed “phase 1” of our building expansion plans, with the creation of ground works, access points and additional car and cycle parking space and planting at the front of the building. The cost of this was £118,668 which was assisted by the gift of £10,000 from North Shields Fellowship, £1,000 from Prudhoe Fellowship, £1,000 from the Catherine Cookson Foundation, and £1,000 from Qualitek Safety. The balance of funding was provided through donations from the congregation.

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Section E Financial review

The Trustees seek to maintain a balance in undesignated and unrestricted Brief statement of the reserves that is approximately equal to 6 months running costs of the charity’s policy on reserves charity. In 2021 this was determined to be £45,000. Funds in excess of this are identified and designated for specific purposes to assist in the furtherance of the aims of the Fellowship: namely the running costs of the Christians Against Poverty Debt Centre, a Building Fund towards the costs of extending Regent Chapel, and funds collected specifically for missionary and welfare activities operated by reputable third parties. These are designated as separate identifiable funds within the overall restricted reserves of the Trust.

Details of any funds materially in deficit

None.

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

The primary source of funding consists of weekly and monthly donations and offerings collected voluntarily from the congregation which has enabled the employment of staff and the operation of services out of Regent Chapel, Regent Farm Road, Gosforth. The Trust received donations totalling £6,000 from the following third party organisations during 2020/22, which were entirely used in operating the Newcastle North West CAP Debt Centre: Barbour Foundation £5,000 Christ Church Newcastle £1,000 In addition, the Trust received donations totalling £9,160 from Acts435 and other charities on behalf of CAP clients. The full amount was passed on in within the year.

The Trust has no investments.

All Trustees are voluntary and unpaid, with the exception of the Full Time
Elder who was remunerated as follows:
Gross Salary
32,572
Pension contributions1,303
Total
£33,875

The Full Time Elder has the same pension arrangements as all other charity staff, which is a Defined Contributions scheme administered by NEST. The Full Time Elder’s spouse is also employed in a part time capacity by the Charity, for which she received remuneration of £10,480.

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Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

ustees
Full name(s)
Position (eg Secretary, Chair, etc)
Date

Keith Mowat
Paul Mullis

Chairman
Treasurer
25/2/2022 25/2/2022

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Regent Christian Fellowship Regent Christian Fellowship Regent Christian Fellowship Regent Christian Fellowship Regent Christian Fellowship 1149241 1149241 1149241 CC16a
For the period from 01/12/2020 To 30/11/2021
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
Restricted
funds
to the nearest £
Endowment
funds
to the nearest £
Total funds
to the nearest £
Last year
to the nearest £
General 126,114 - - 126,114 121,937
Events 130 - - 130 322
Restricted funds: CAP Debt Centre - 18,918 - 18,918 13,909
Restricted funds: Building Fund - 60,862 - 60,862 7,354
Restricted funds: Missionary Funds - 15,255 - 15,255 15,667
Restricted funds: Other - 1,760 - 1,760 680
Sub total(Gross income for AR) 126,244 96,795 - 223,039 159,869
A2 Asset and investment sales,
(see table).
- - - -
Sub total - - - - -
Total receipts 126,244 96,795 - 223,039 159,869
A3 Payments
General 70,488 - - 70,488 72,152
Building 9,494 - - 9,494 6,860
Additions and replacements 7,808 - - 7,808 4,242
Gifts 652 - - 652 4,747
Outreach and activities 3,029 - - 3,029 3,616
Restricted funds: CAP Debt Centre - 25,181 - 25,181 25,203
Restricted funds: Building Fund - 118,668 - 118,668 7,010
Restricted funds: Missionary Funds - 19,920 - 19,920 8,634
Restricted funds: Other - 2,260 - 2,260 423
**Sub total ** 91,471 166,029 - 257,500 132,887
A4 Asset and investment
purchases, (see table)
- - - -
**Sub total ** - - - - -
Total payments 91,471 166,029 - 257,500 132,887
Net of receipts/ (payments) 34,773 (69,234) - (34,461) 26,982
A5 Transfers between funds
A6 Cash funds last year end
(31,500) 31,500
-
- -
42,154 121,610 ~~-~~ 163,764 136,781
Cash funds this year end 45,427 83,876 - 129,303 163,763
Section B Statement of assets and liabilities at the end of the period
Categories
B1 Cash funds
Details
Current accounts
Deposit accounts
-
Unrestricted
funds
to nearest £
45,427
-
-
Restricted
funds
to nearest £
32,720
51,156
-
Endowment
funds
to nearest £
Current accounts 45,427 32,720 -
Deposit accounts - 51,156 -
- - - -
Total cash funds
(agree balances with receipts and payments
account(s))
45,427 83,876 -
OK
Unrestricted
funds
Restricted
funds
Endowment
funds
B2 Other monetary assets
B3 Investment assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
Details
Details
Details
Details
Furniture, fittings & equipment
Exclusive use of Regent Chapel
Accruedpayroll taxes
Accruedpension contributions
-
-
Other accruals net ofprepayments
to nearest £
-
Fund to which
asset belongs
Fund to which
asset belongs
Unrestricted
Unrestricted
Fund to which
liability relates
Unrestricted
Unrestricted
-
-
Unrestricted
to nearest £
-
-
-
Cost (optional)
-
-
Cost (optional)
-
-
-
Amount due
(optional)
1,117
309
-
-
530
to nearest £
-
-
-
Current value
(optional)
-
-
Current value
(optional)
-
-
-
When due
(optional)
Accruedpayroll taxes Unrestricted 1,117 31/01/2022
Accruedpension contributions Unrestricted 309 19/01/2022
- - -
- - -
Other accruals net ofprepayments Unrestricted 530 01/12/2021

Signed by one or two trustees on behalf of all the trustees

Signature Print Name
Paul Mullis
(Hon. Treasurer)
Keith Mowat
(Chairman)
Date of
approval
Paul Mullis
(Hon. Treasurer)
25/2/22
Keith Mowat
(Chairman)
25/2/22

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Regent Christian Fellowship members of On accounts for the year Charity no 30[th] November 2021 1149241 ended (if any) Set out on pages 2 and 3

Respective The charity's trustees are responsible for the preparation of the accounts. The charity’s responsibilities of 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. trustees and examiner It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with 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 the trustees 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

Signed: Date: 22/12/2021 Name: Euan Menzies Relevant professional The Institute of Chartered Accountants in England and Wales qualification(s) or body (if any): Address: 24 Balcombe Road Haywards Heath West Sussex

1

March 2012

IER

Section B Disclosure

Only complete if the examiner needs to highlight material problems.

Give here brief details of any items that the examiner wishes to disclose .

2

March 2012

IER