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2022-08-31-accounts

TAKING C.R0￿4D Accounts- 31st August 2022

TAKING GROUND

(A company limited by guarantee and not having a share capital)

Charity number: 1150029 Company number: 8295067

Accounts – 31st August 2022

INDEX

Registered in England and Wales No: 8295067

TAKING GROUND

REPORT OF THE TRUSTEES for the year ended 31st August 2022

The Trustees are pleased to present their annual report and financial statements of the charitable company for the year ended 31st August 2022 which are also prepared to meet the requirements for a directors’ report and accounts for Company Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the charities Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland: FRS 102) issued in October 2019.

Reference and Administration Details

The charity’s name is Taking Ground.

Charity Registration Number: 1150029 Company Number: 8295067

Registered and Principal Office: The Oakwood Centre, Cleasby Way, Eaglescliffe, Stockton-on-Tees, TS16 0RD

Trustees and Directors

The Trustees of the charitable company (the charity) are its Directors for the purposes of company law. The Trustees and officers who served during the year and since the year end were as follows:

M Dunkley Dr N Wright N Strike J Goulding M Biddlecombe S McFarlane

Company Secretary: D Marley

Objectives and Activities

The main objectives of the charity are to advance the Christian faith in accordance with the statement of beliefs in the North East of England or other areas as the Trustees think fit.

The main activity of the Charity is the provision of religious education and ministry.

In planning the activities of the charitable company, the trustees have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.

The Charitable company’s activities of advancement of the Christian faith through education and ministry are available to the people in the North East of England and wider area to make a positive contribution to the local and wider community.

TAKING GROUND

REPORT OF THE TRUSTEES

for the year ended 31st August 2022 ( Continued)

Achievements and Performance

Taking Ground is a family of nine churches across the North East of England and Yorkshire – Hexham Community Church, Birtley Community Church, Sunderland Community Church, Durham Community Church, Middlesbrough Community Church, Tees Valley Community Church, Embrace Church Darlington, Easingwold Community Church and Collective Church York.

1. Training

The Taking Ground family has provided financial support to the training activities within any of the individual churches within the Taking Ground family.

Specifically Taking Ground has provided both financial support and practical advice to the activities of Three13 Training and Enterprise Limited (formerly known as TVCP) and the Academy of Ministry and Leadership (AML).

The School of Applied Theology (SAT) continued during the year providing biblical training and thinking for today’s world. SAT had over fifty students, with a diverse range of ages from 17 to over 70-year-olds.

2. Taking Ground Music

Taking Ground Music is a group of singers and musicians from with the church families of Taking Ground, with a vision to see people’s lives changed and impacted by music as an expression of worship. During the year Taking Ground Music recorded and released new music.

Financial Review

Total income for the year was £162,528 compared to £152,439 the previous year. Total expenditure on charitable activities was £140,716 compared to £122,365 the previous year.

Reserves Policy

The Trustees have set a reserves policy which requires maintaining free unrestricted cash balances in the general fund amounting to 3 months of its annual expenditure.

Reserves should be maintained at this level which ensures that the charity’s core activity could continue during a period of unforeseen difficulty. The reserves should be maintained in an easily accessible form.The calculation of the required level of reserves is an integral part of the organisation's annual planning, budget and forecast cycle. The level of reserves is considered reasonable, and it takes into account risks associated with each stream of income and expenditure being different from that budgeted, planned activity level, the Church’s commitments to its stakeholders, future spending plans and expected liabilities and anticipated building costs. It also reflects as far as possible the current economic climate and trends.

In addition, the Trustees are also considering the establishment of future church plants which involves significant financial support, plus employment of 1 or 2 members of staff. For this reason, the Trustees aim to increase free cash reserves modestly in the short to medium term.

The reserves policy will be reviewed by the Trustees every 12 months.

Structure, Governance and Management

Governing Document

Taking Ground is a company limited by guarantee governed by its Memorandum and Articles of Association dated 15th November 2012. It is registered as a charity with the Charity Commission. Members of the charitable company guarantee to contribute amounts not exceeding £1 to the assets of the charitable company in the event of winding up.

TAKING GROUND

REPORT OF THE TRUSTEES

for the year ended 31st August 2022 ( Continued)

Structure, Governance and Management (Continued)

Appointment of Trustees

The Trustees keep the composition of the board under review and will seek to appoint additional members with appropriate skills and expertise should the need arise. Interested parties are given details of the background of the charitable company in order to make them aware of current activities.

The methods of appointment of Trustees are set out in the Articles of Association.

Members may propose the appointment of a person as a Trustee at any general meeting by following the notice and other requirements set out in the Articles.

The charity may by ordinary resolution appoint a person who is willing to act as a Trustee.

Persons willing to be appointed as Trustees must subscribe to the Statement of Faith attached to the Articles.

In selecting individuals for appointment, the Trustees are required to have regard to the skills, knowledge and experience required for the effective administration of the charity.

This report has been prepared in accordance with the special provisions relating to companies subject to the Small Companies Regime within part 15 of the Companies Act 2006.

This Report was approved by the Board on 23rd May 2023

M Biddlecombe

Signed on its behalf by: ………………………………………………… Director and Trustee

Eaglescliffe

TAKING GROUND

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

I report to the charity trustees on my examination of the accounts of the company for the year ended 31st August 2022.

Responsibilities and Basis of Report

As the charity’s trustees (and also the directors of the company 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:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. 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

  4. 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.

A P Williams FCCA A J Carter & Co Chartered Accountants

22b High Street Witney Oxon OX28 6RB 24th May 2023

TAKING GROUND

STATEMENT OF FINANCIAL ACTIVITIES

(including an income and expenditure account)

for the year ended 31st August 2022

Note
Income from:
Donations
3
Charitable activities
4
Other income
5
Total incoming resources
Expenditure on:
Charitable activities
6
Total expenditure
Net income/(expenditure) and net
movement in funds for the year
Transfer between funds
16
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted Restricted
Total
Funds
Funds
Funds
2022
£
£
£
95,006
63,730
158,736
3,585
-
3,585
207
-
207
98,798
63,730
162,528
94,702
46,014
140,716
94,702
46,014
140,716
4,096
17,716
21,812
-
-
-
4,096
17,716
21,812
89,289
28,508
117,797
£93,385
£46,224
£139,609		 Total
Funds
2021
£
147,781
4,658
-
152,439
122,365
122,365
30,074
-
30,074
87,723
£117,797

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derives from continuing activities.

The notes on pages 7 to 12 form part of these financial statements

Registered in England and Wales: 8295067

TAKING GROUND

BALANCE SHEET as at 31st August 2022

Note
Fixed assets
Tangible assets
11
Total fixed assets
Current assets
Debtors
12
Cash at bank and in hand
Total current assets
Liabilities
Creditors falling due within one year
13
Net current assets
Total assets less current liabilities
Total net assets
15
The funds of the Charity
Restricted income funds
16
Unrestricted income funds
16
Total charity funds		 2022
£
1,606
1,606
6,913
148,382
155,295
17,292
138,003
139,609
£139,609
46,224
93,385
£139,609		 2021
£
2,200
2,200
2,765
184,340
187,105
71,508
115,597
117,797
£117,797
28,508
89,289
£117,797

For the year ended 31st August 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ Responsibilities

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the act with respect to the accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the special provisions relating to companies subject to the Small Companies Regime within part 15 of the Companies Act 2006.

These accounts were approved by the board of directors and authorised for issue on: 23rd May 2023 and are signed on their behalf by:

M Biddlecombe

...................................................... Director and Trustee

The notes on pages 7 to 12 form part of these financial statements

TAKING GROUND

NOTES TO THE ACCOUNTS

for the year ended 31st August 2022

1. Accounting Policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a) Basis of Preparation

The financial statements have been prepared in accordance with the Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The charitable company constitutes a public benefit entity as defined by FRS 102.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

The Trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concerning.

Items of income are recognised and included in the accounts when all of the following criteria are met:

Income received in advance of a specific performance or provision of other specified service is deferred until the criteria for income recognition are met.

c) Donated Services and Facilities In accordance with the Charity SORP (FRS 102) the general time of volunteers is not recognised in the accounts.

Unrestricted funds are available to spend on activities that further any of the purposes of the Charity. Designated funds are unrestricted funds of the Charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for the particular areas of the Charity’s work or for specific projects being undertaken by the Charity.

TAKING GROUND

NOTES TO THE ACCOUNTS

for the year ended 31st August 2022 (continued)

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on the straight line basis as follows:

Asset Annual
Category Rate
Computer equipment 25%

h) Debtors

Trade and other debtors are recognised at the settlement amounts due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.

j) Creditors and Provisions Creditors and provisions are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

k) Grants

Income from Government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probably that the income will be received and the amount can be measured reliably and is not deferred.

2. Legal Status of the Charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

TAKING GROUND

NOTES TO THE ACCOUNTS

for the year ended 31st August 2022 (continued)

3. Income from donations

Gifts, donations and grants 2022
£
158,736
£158,736		 2021
£
147,781
£147,781

Of the £158,736 received in 2022 (2021: £147,781) £63,730 was restricted funds (2021: £50,258) and £95,006 (2021: £97,523) unrestricted funds.

The charity benefits greatly from the involvement and enthusiastic support of its many volunteers, details of which are given in our annual report. In accordance with FRS 102 and the Charities SORP (FRS 102) the economic contribution of general volunteers is not recognised in the accounts.

4. Income from charitable activities

Income from charitable activities
Contribution to trips and events
Course fees		 2022
£
-
3,585
£3,585		 2021
£
1,250
3,408
£4,658

Of the £3,585 received in 2022 (2021: £4,658) £Nil was restricted funds (2021: £Nil) and £3,585 (2021: £4,658) unrestricted funds.

5. Other income

Other income
Other income 2022
£
207
£207		 2021
£
-
£-

Of the £207 received in 2022 (2021: £Nil) £Nil was restricted funds (2021: £Nil) and £207 (2021: £Nil) unrestricted funds.

6. Net income/(expenditure) for the year

Personnel/Human Recourses
Motor and travel
Premises costs and trainee
accommodation
Training materials, fees and conferences
Charitable grant
Other activity costs
Depreciation and assets not capitalised
Accountancy
Total		 Education
Ministry
and
Church
2022
work
Training
Establishment
Total
£
£
£
£
69,623
-
32,364
101,987
8,262
366
342
8,970
-
-
5,365
5,365
8
1,250
255
1,513
2,160
-
-
2,160
5,684
4,988
6,180
16,852
345
-
1,508
1,853
2,016
-
-
2,016
£88,098
£6,604
£46,014 £140,716		 2021
Total
£
100,189
568
1,724
1,418
2,160
13,671
719
1,916
£122,365

Of the £140,716 expenditure in 2022 (2021: £122,365), £94,702 was charged to unrestricted funds (2021: £82,496) and £46,014 to restricted funds (2021: £39,869).

TAKING GROUND

NOTES TO THE ACCOUNTS

for the year ended 31st August 2022 (continued)

7. Net income/(expenditure) for the year

This is stated after charging:
Depreciation
Accountancy and Independent examiner's fees		 2022
£
594
2,016		 2021
£
174
1,916
  1. Analysis of staff costs and trustee remuneration, expenses and related transactions
Total emoluments (including employers national insurance and
employers defined pension contributions) recharged from another
charity.		 2022
£
32,894
£32,894		 2021
£
32,635
£32,635

No employees had emoluments in excess of £60,000 (2021: Nil). Pension costs are allocated to activities in proportion to the related staffing costs incurred.

During the year the trustees and officers received remuneration from the charity as permitted by the Memorandum and Articles of Association and expenses as follows. This is paid to them in respect of their employment.

M and Mrs L Dunkley - fees and expenses 2022
£
66,961		 2021
£
62,769

Expenses paid to other Trustees in the year for travel and subsistence amounted to £Nil (2021: £Nil).

The charity considers its key management personnel comprise the Trustees.

During the year the trustees and their spouses and the key management personnel donated £12,382 (2021: £13,610) to the charity in total.

9. Staff numbers

The average monthly number of employees during the year was as follows:

Ministry work
Church Establishment		 2022
Number
1
1
2		 2021
Number
1
1
2

10. Corporation tax

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

TAKING GROUND

NOTES TO THE ACCOUNTS

for the year ended 31st August 2022 (continued)

11. Tangible fixed assets

Cost:
As at 01.09.2021
Additions
As at 31.08.2022
Depreciation:
As at 01.09.2021
Charge for year
As at 31.08.2022
Net book value:
As at 31.08.2022
As at 31.08.2021
12.Debtors
Prepayments and accrued income
Other debtors
13.Creditors: amounts falling due within one year
Trade creditors
Accruals
Other creditors
Deferred income		 Computer
Equipment
£
2,374
-
2,374
174
594
768
£1,606
£2,200
2022
£
1,401
5,512
£6,913
2022
£
3,263
2,596
5,578
5,855
£17,292		 Total
£
2,374
-
2,374
174
594
768
£1,606
£2,200
2021
£
1,111
1,654
£2,765
2021
£
1,200
1,955
66,578
1,775
£71,508

14. Deferred income

Deferred income consists of income received in advance for grants, course fees and events.

TAKING GROUND

NOTES TO THE ACCOUNTS

for the year ended 31st August 2022 (continued)

15. Analysis of net assets between funds

Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)
Total		 General
Restricted
Fund
Funds
Total
£
£
£
1,005
601
1,606
100,136
48,246
148,382
(7,756)
(2,623)
(10,379)
£93,385
£46,224
£139,609

In 2021 the charity received £66,578 in respect of the Daniel Challenge project. This project did not proceed and £60,000 was repaid during the year. £5,578 was repaid after the year end date and is included in other creditors.

16. Analysis of charitable funds

Analysis of movements in restricted funds

Churches - York
Total		 Balance
Incoming
Resources
Funds
01.09.2021
resources
expended
Transfers
31.08.2022
£
£
£
£
£
28,508
63,730
(46,014)
-
46,224
£28,508
£63,730
£(46,014)
£-
£46,224

Name of restricted fund and description, nature and purposes of the fund

The restricted funds are for specific projects in the charity's activities and pastoral care.

Analysis of movements in unrestricted funds

General fund
Total		 Balance
Incoming
Resources
Funds
01.09.2021
resources
expended
Transfers
31.08.2022
£
£
£
£
£
89,289
98,798
(94,702)
-
93,385
£89,289
£98,798
£(94,702)
£-
£93,385

Name of unrestricted fund Description, nature and purposes of the fund General fund The 'free reserves' after allowing for all designated funds.