2020-12-31-accounts

MANOR PARK CHRISTIAN CENTRE

Company Limited by Guarantee

Charity Registration Number: 1151023 Company Registration Number: 8331342

Annual Report and Financial Statements 31 December 2020

Simply Churches Chartered Accountants 17 Heathville Road London N19 3AL

MANOR PARK CHRISTIAN CENTRE

Annual Report and Financial Statements 2020 Contents

	Page
Legal & administrative information	2
Annual Report of the Trustees	3
Independent Examiner's report to the Trustees	6
Statement of financial activities	7
Balance sheet	8
Notes to the financial statements	9

1

MANOR PARK CHRISTIAN CENTRE

Legal and Administrative Information For the year ended 31 December 2020

Charity Name	Manor Park Christian Centre
Charity Registration	1151023. Manor Park Christian Centre (“MPCC”) was incorporated on 14 December
	2012 in order to take on the operations and assets of the unincorporated association of
	the same name. The unincorporated association was established in 1985 and was also
	known as Manor Park Christian Centre. MPCC was registered with the Charity
	Commission on 28 February 2019.
Company Registration	8331342
Principal Address	454 High Street North, Manor Park, London E12 6RH
Affiliations	MPCC is affiliated to the London Baptist Association (the London Baptist Property
	Board), the Evangelical Alliance and Transform Newham
Governing Document	Memorandum and Articles of Association dated 14 December 2012.
Objectives	• Advancing and expressing the Christian faith in accordance with the Statement of
	Faith in the public benefit; and
	• Any charitable purpose in furtherance of the church in the public benefit as decided
	by the church from time to time.
	The principle object of the church is to bring people to Jesus and membership in His
	family, developing them to Christ-like maturity and equipping them for their ministry in
	the church and their life mission in the world in order to magnify God's name.
Trustees	The Trustees who served during the year or who were serving at the date of this report
	were:
	David Foster Pastor & chairman
	Kundan Golla
	Anthony Oyekanmi
	Mike Swarbrick Appointed 5 September 2021
	Samuel George Appointed 5 September 2021
	Sunil Tatiparti Appointed 5 September 2021
Key Management	The Leadership Team, who serve as Trustees, are those in charge of planning, directing,
Personnel	controlling, running and operating the Charity. Those members of staff who are the
	senior management personnel to whom the Trustees have delegated significant authority
	or responsibility in the day-to-day running of the charity are the Pastor and the Lead
	Church Office Administrator, Jean Foster.
Bankers	Barclays Bank
	The Newham Group
	London E12
Independent examiner	Christine Cheung-Poston ACCA
	32 Fisher House
	Copenhagen Street
	London N1 0JE
Solicitor	Anthony Collins Solicitors LLP
	134 Edmund Street
	Birmingham B3 2ES

2

MANOR PARK CHRISTIAN CENTRE

Annual Report of the Trustees For the year ended 31 December 2020

The Trustees submit their report and the financial statements of Manor Park Christian Centre (“MPCC”) for the year ended 31 December 2020. The financial statements have been prepared in the format prescribed by the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP2015 (FRS102)) and the Financial Reporting Standard 102. The legal and administrative information set out earlier in this document forms part of this report. This report also constitutes a directors’ report required by section 415 of the Companies Act 2006 as all Trustees of a charity company are directors.

1. Structure, Governance & Management

1.1 Trustees

The Trustees of MPCC are responsible for the day to day management of MPCC’s business in accordance with MPCC’s objects. The Trustees meet approximately 11 times per annum to discuss a full range of matters relating to finance, fabric, general administration and the implementation of the objects of the charity.

None of MPCC’s Trustees, with the exception of the Pastor, receive remuneration.

The induction process for any individual newly-appointed to the Trustees comprises an initial meeting with the Pastor and receipt of copies of:

• the objects of the charity

• the most recent financial statements

• the Charity Commission’s guidance ‘The Essential Trustee’.

1.2 Risk Management

MPCC’s primary concern and objective is the glory of God. Whilst it is MPCC’s policy to trust wholly in the Lord that He will work out His purpose to this end, MPCC also acknowledges that it has a responsibility for the identification and proper management of risks faced by MPCC in achieving its primary aim. The Trustees have therefore assessed the major risks to which MPCC is exposed, in particular those relating to the specific operational areas of the charity and its finances. The Trustees believe that, by monitoring reserve levels, by ensuring that controls exist over key financial systems, and by examining the operational risks faced by MPCC, they have established effective systems and procedures to mitigate those risks.

2. Activities, Strategies and the Public Benefit

MPCC is a vibrant urban multi-ethnic evangelical congregation with a membership of around 350. The Trustees have given due regard to the Charity Commissions’ guidance on public benefit. The Trustees believe that MPCC provides benefit to the public by:

• providing resources and facilities for public worship, pastoral care and spiritual, moral and educational development, both for the congregation and for anyone else who wishes to benefit from what MPCC offers; promoting Christian values and service by members of the congregation to the community, for the benefit of individuals and society as a whole, such as the Seniors Lunch, the police breakfasts and training days for the London Met Police NE-CU, the MPCC Newham Food Bank for the needy, and the NEWway Project night shelter for the homeless, and the various courses that are offered for personal benefit, such as the CAP Money Course (a personal financial budgeting course).

3. Achievements and Performance

The main objects of the church were mainly carried out through MPCC’s Cell Groups and Salt & Light Groups. Other ministries that greatly contributed to the church's ministry achievements included:

• the children’s ministry

• o the youth ministry o the prayer ministry o the discipleship ministry o the catering ministry o the compassionate ministry o the music ministry

3

MANOR PARK CHRISTIAN CENTRE

Annual Report of the Trustees For the year ended 31 December 2020

4. Financial Review

MPCC’s main sources of funding are the free will offerings of church members and rental income from the hiring out of the church building.

4.1 Financial Activity and Financial Position

The Statement of Financial Activities and Balance Sheet can be found on pages 7 and 8 respectively. MPCC’s reserves increased by £16,083 (2019: increased by £16,334) during the year. The balance sheet shows total net assets of £1,253,381 (2019: £1,237,298).

Included in total funds are amounts totalling £892 (2019: £892) which are restricted. These monies have either been raised for, and their use restricted to, specific purposes, or they comprise donations subject to donor imposed conditions. Full details of these restricted funds can be found in note 8 to the accounts together with an analysis of movements in the year.

4.2 Reserves Policy

The Trustees have examined the requirements for free reserves, ie those unrestricted funds not invested in tangible fixed assets. In light of the present financial climate the Trustees consider that, given the nature of MPCC’s work, free reserves should be equivalent to approximately 12 months’ routine general fund expenditure, plus committed future expenditure on other projects, where funds permit. The Trustees are of the opinion that this provides sufficient flexibility to cover temporary shortfalls in incoming resources and will allow MPCC to cope and respond to unforeseen emergencies whilst specific action plans are implemented. At 31 December 2020 MPCC had net free reserves of £352,489 (2019: £335,579) as follows:

Total reserves Less: restricted funds Less: unrestricted fixed assets used for the continuing work of MPCC Free reserves Free reserves requirement: 12 months budgeted routine expenditure Amounts earmarked for property purchase Total free reserves requirement	2020	2019 £ 1,237,298 (892 (900,827	) )
	£
	1,253,381
	(892)
	(900,000)
		335,579
	352,489
		140,000 195,579
	120,000
	232,489
		335,579
	352,489

The church is considering adding to its staff to help with its various ministries in the near future; the investment (in salary and accommodation costs) is likely to involve annual deficits which will be funded from reserves.

4.3 Investment Policy

MPCC currently invests funds in excess of working capital requirements in short term bank deposits.

4.4 Grants Policy

MPCC makes grants, equivalent to approximately 10% of its incoming resources annually, to support missions both in the UK and abroad. The policy of MPCC is to give grants on the basis that they are subject to annual review and only renewed on the basis of meeting set criteria. The mission agencies regularly supported include Cell UK, Central African Missions in Congo, Newham Christian Fellowship (Transform Newham), Newham Youth For Christ, Open Doors, Teen Challenge London, and Watoto Child Care Ministries in Uganda. In addition MPCC makes anonymous love gifts, at the discretion of the trustees, to those in need within the MPCC church fellowship or the local community. For details of grants made, see note 3b.

4

MANOR PARK CHRISTIAN CENTRE

Annual Report of the Trustees For the year ended 31 December 2020

5. Plans for Future Periods

MPCC anticipates the possible increase of church ministry staff financial obligations in the future. MPCC also makes provision for increasing engagement in various endeavours in the community. MPCC’s continuing commitment to the Compassionate Ministries also includes the ever-increasing financial support, for example, of the MPCC Newham Food Bank for the needy and the NEWway Night Shelter for the homeless.

6. Responsibilities of Trustees for the Financial Statements

The Trustees are responsible for preparing the report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law in England and Wales requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.

In preparing those financial statements, the Trustees are required to:

• select suitable accounting policies and apply them consistently;

• observe the methods and principles of the Charities SORP;

• make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the activities of the charity will continue.

The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document. The Trustees is also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the charity and financial information included in the charity’s website.

7. Approval

The report of the Trustees was approved by the Trustees on 15 September 2021 and signed on its behalf by:

David L Foster Pastor

5

MANOR PARK CHRISTIAN CENTRE

Report of the Independent Examiner to the Trustees of Manor Park Christian Centre

I report on the accounts of the Manor Park Christian Centre for the year ended 31 December 2020, set out on pages 7 to 15.

Respective responsibilities of trustees 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 trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (“the 2011 Act”) and that an independent examination is needed. The charity is required by company law to prepare accrued accounts and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

• examine the accounts under section 145 of the 2011 Act;

• to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and

• to state whether particular matters have come to my attention

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 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

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.

Christine Cheung-Poston ACCA 15 September 2021

6

MANOR PARK CHRISTIAN CENTRE

Statement of Financial Activities For the year ended 31 December 2020

Note Income from: 2 Donations and legacies Other trading activities Investments Other Total Income Expenditure on: 3 Charitable activities Total Expenditure Net gains/(losses) on investments Net income before tax Tax payable 4 Net expenditure after tax Transfers between funds Other recognised gains and losses Net movement in funds Total funds brought forward Total funds carried forward	Unrestricted Funds 2020 £ 116,500 10,300 766 -	Restricted Funds 2020 £ - - - - 0 - 0 - 0 - 0 - - 0 892 892		Unrestricted Funds 2019 £ 113,544 32,002 2,089 2,199		Restricted Funds 2019 £ 1,370 - - - 1,370 1,370 1,370 - 0 - 0 - - 0 892 892	Total 2019 £ 114,914 32,002 2,089 2,199
			Total
			2020
			£
			116,500
			10,300
			766
			-
	127,566			149,834			151,204
			127,566
	111,483 111,483 - 16,083 - 16,083 - - 16,083 1,236,686 1,252,769			133,500			135,150
			111,483
				133,500			135,150
			111,483
				-			-
			-
				16,334			16,054
			16,083
				-			-
			-
				16,334 - -			16,054 - -
			16,083
			-
			-
				16,334 1,220,352			16,054 1,221,244
			16,083
			1,237,298
				1,236,686			1,237,298
			1,253,381

7

MANOR PARK CHRISTIAN CENTRE

Balance Sheet As at 31 December 2020

Note Fixed Assets Tangible Assets 5 Investments Current Assets Debtors 6 Cash At Bank And In Hand Creditors - Amounts Falling Due Within One Year 7 Net Current Assets Net Assets Represented By: Funds: Restricted Funds 8 Unrestricted Income Funds Total Funds	Unrestricted Funds 2020 £ 900,000 - 900,000 27,042 326,746 353,788 1,299 352,489 1,252,489 - 1,252,489 1,252,489	Restricted Funds 2020 £ - - 0 - 892 892 - 892 892 892 - 892		Total 2019 £ 900,827 -
			Total
			2020
			£
			900,000
			-
				900,827 52,357 287,319
			900,000
			27,042
			327,638
				339,676 3,205
			354,680
			1,299
				336,471
			353,381
				1,237,298
			1,253,381
				892 1,236,406
			892
			1,252,489
				1,237,298
			1,253,381

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006. The company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 31 December 2020 and no notice requiring an audit has been deposited under section 476.

The Trustees acknowledge their responsibilities for:

• ensuring that the company keeps accounting records which comply with section 386 of the Companies Act 2006

• preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial period and of its profit or loss for the financial period 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 is applicable to the company.

The financial statements were approved by the Trustees on 15 September 2021 and signed on their behalf by:

David L Foster Pastor

Company Registration Number: 8331342

8

MANOR PARK CHRISTIAN CENTRE

Notes to the Financial Statements For the year ended 31 December 2020

1. Accounting Policies

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

Basis of accounting

The financial statements have been prepared under the Charities Act 2011 and in accordance with the Charities Statement of Recommended Practice (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102). The financial statements are drawn up on the historical cost basis of accounting except for the revaluation of freehold land and buildings which are in use which are shown at market value.

The financial statements include all transactions, assets and liabilities for which the Trustees is responsible in law. They do not include the accounts of church groups that owe an affiliation to another body or those that are informal gatherings of church members.

MPCC meets the definition of a public benefit entity under FRS 102.

Going Concern

There are no material uncertainties about the charity’s ability to continue as a going concern and accordingly the accounts have been drawn up on a going concern basis.

Income recognition

Voluntary income and donations (including legacies) are accounted for once MPCC has entitlement to the income, it is probable the income will be received and the amount of income receivable can be reliably measured.

Income from the recovery of tax on gift aided donations is accounted for in the period to which the relevant donation is received. Grant income is recognised on a receivable basis. The income from trading activities includes rental income from the letting of the church premises which is accounted for when earned. It is shown gross, with the associated costs included in fundraising costs.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by MPCC; this is normally upon notification of the interest paid or payable by the bank.

Expenditure recognition

Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. MPCC is not registered for VAT and accordingly expenditure includes VAT where appropriate.

Charitable expenditure includes those costs in fulfilling MPCC’s principal objects, as outlined in the Report of the Trustees. These include grants made, governance costs and an apportionment of support costs. Governance costs comprise all costs involving the public accountability of MPCC and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees.

Rentals under operating leases are charged as incurred over the term of the lease.

Tangible Fixed Assets

Tangible fixed assets are accounted for as follows:

• The church freehold land and buildings (the manses) are stated at valuation, with the most recent valuation taking place as at 31 December 2015 and the next valuation is expected to take place for the year ended 31 December 2021. Depreciation is not provided as the estimated residual value is considered to be the same or higher than the carrying value of the property in the accounts.

• The church building is not owned by MPCC and has not been capitalised in these accounts.

• The cost of furniture, fittings and equipment, less any expected residual value, is depreciated on a straight line basis over the effective useful life of the asset, which has been estimated as between 4 and 7 years

Debtors

Debtors are included at the settlement amount due. Prepayments are valued at the amount prepaid.

9

MANOR PARK CHRISTIAN CENTRE

Notes to the Financial Statements For the year ended 31 December 2020

1. Accounting Policies (continued)

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of opening of the deposit.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation arising 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 recognised at their settlement amount. Longer term liabilities are discounted to present value.

Fund accounting

The funds held by the charity are either:

• Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.

• Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

2. Income

Unrestricted Funds 2020 £ Donations & legacies Offerings and donations 101,428 Income tax reclaimed 15,072 116,500 Other trading activities Lettings income 10,300 Other income - 10,300 Investment income Bank Interest 766 Other income Insurance claim - 127,566	Restricted Funds 2020 £ - - 0 - - 0 - - 0				Total 2019 £ 101,212 13,702
			Total
			2020
			£
			101,428
			15,072
					114,914 32,002 -
			116,500
			10,300
			-
					32,002 2,089 2,199
			10,300
			766
			-
					151,204
			127,566

10

MANOR PARK CHRISTIAN CENTRE

Notes to the Financial Statements For the year ended 31 December 2020

3. Expenditure – Charitable Activities

Ministry Personnel Gross salaries Employer’s National Insurance Employer’s Allowance Pension Contributions Council Tax Manse Insurance Manse upkeep Centre Life & Outreach Publicity Training, conferences, retreats & outings Books, literature & teaching resources Visiting speakers Children & youth ministry Night Shelter Foodbank Music Licences and subscriptions Catering Flowers Travel & accommodation Grants & gifts Loans written off Other Office & Support Gross salaries Employers National Insurance Telephone/broadband Printing, stationery & postage Photocopying Office supplies Computer supplies & maintenance Accountancy & payroll services Bank & credit card charges Other Provision of Centre building and facilities Heat & light Water Insurance Repairs, maintenance & equipment Health & safety Cleaning Depreciation Governance costs Legal & professional Independent Examination	Unrestricted Funds 2020 £ 53,765 3,799 (2,951) 1,118 1,221 886 648 58,486 799 56 1,035 1,505 129 375 566 462 1,779 2,451 33 240 2,759 - 11 12,200 8,403 - 2,046 415 3,907 183 1,096 2,264 541 1,216 20,071 7,570 348 4,171 5,813 1,466 281 827 20,476 - 250 250 111,483	Restricted Funds 2020 £ - - - - - - - 0 - - - - - - - - - - - - - - - 0 - - - - - - - - - - 0 - - - - - - - 0 - - 0 0				Total 2019 £ 53,765 3,869 (2,992) 1,036 1,165 864 511
				Total
				2020
				£
				53,765
				3,799
				(2,951)
				1,118
				1,221
				886
				648
						58,218 1,896 810 1,567 2,724 132 376 824 1,6291 2,174 4,822 112 606 4,563 1,440 207
				58,486
				799
				56
				1,035
				1,505
				129
				375
				566
				462
				1,779
				2,451
				33
				240
				2,759
				-
				11
						38,544 8,403 - 2,100 392 4,664 478 706 2,908 771 891
				12,200
				8,403
				-
				2,046
				415
				3,907
				183
				1,096
				2,264
				541
				1,216
						21,313 10,550 685 4,069 10,548 1,649 1,885 1,645
				20,071
				7,570
				348
				4,171
				5,813
				1,466
				281
				827
						31,031 456 250
				20,476
				-
				250
						706
				250
						149,812
				111,483

11

MANOR PARK CHRISTIAN CENTRE

Notes to the Financial Statements For the year ended 31 December 2020

3. Expenditure – Charitable Activities (continued)

3a. Staff Costs

Included within Expenditure on Charitable Activities are the following staff costs: Gross salaries Employer’s National Insurance Employer’s Annual Allowance Pension contributions Of which the following were in relation to Key Management Personnel: Gross salaries The number of employees during the year: Full time workers Part time workers		2020		2019
		£		£
		62,168		62,168
		3,799		3,869
		(2,951)		(2,992)
		1,119		1,036
		64,135		64,081
		40,906		40,501
		2020		2019
		Number		Number
		3		3
		1		1
		4		4

No employee received emoluments in excess of £60,000 during the year. The Ministers, one of whom is a Trustee, lived in housing provided by MPCC. Trustees received £nil in reimbursement for costs incurred on MPCC business.

3b. Gifts Analysis

Included within Expenditure on Charitable Activities are the following gifts: Unrestricted Funds 2020 £ Gifts to individuals – incl. compassionate ministry 102 Gifts to organisations Casa Harului (House of Grace) 50 Central African Ministries 1,282 Newham Christian Fellowships 425 Open Doors 300 Teen Challenge 275 Watoto Ministries - Youth for Christ (Newham) 325 2,657 2,759	Restricted Funds 2020 £ - - - - - - - - 0 0				Total 2019 £ 226 300 1,200 600 300 300 1,337 300
			Total
			2020
			£
			102
			50
			1282
			425
			300
			275
			-
			325
					4,337
			2,657
					4,563
			2,759

12

MANOR PARK CHRISTIAN CENTRE

Notes to the Financial Statements For the year ended 31 December 2020

4. Taxation

As a charity, MPCC is exempt from tax on income and gains falling within the provisions of the Corporation Taxes Act 2010 or the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen on the charity.

5. Tangible Fixed Assets

Freehold land & buildings £ Fixtures, fittings & equipment £ Cost At 1 January 2020 900,000 79,193 Additions - - Disposals - - At 31 December 2020 900,000 79,193 Depreciation At 1 January 2020 - 78,366 Charge For Year - 827 Disposals - - At 31 December 2020 0 79,193 Net Book Value At 31 December 2020 900,000 0 At 31 December 2019 900,000 827
		Total
		£
		979,193
		-
		-
		979,193
		78,366
		827
		-
		79,193
		900,000
		900,827

All of the fixed assets are used for charitable purposes. The freehold land and buildings are: as follows

Address	Current use	31 December 2015 **Valuation **
57BirchdaleRoad,Forest Gate,London E7 8AS	Occupiedby one ofthe churchworkers	400,000
25Durham Road,Manor Park,London E125AY	Occupiedby thePastor	500,000
		900,000

The valuation of the residential properties was undertaken by the Trustees with reference to local market values and recent sold prices as at 31 December 2015.

The church building at 454 High Street North, Manor Park, London E12 6RH is not owned by Manor Park Christian Centre but is governed by the Trustees of the London Baptist Property Board as sole trustee. The church is permitted to use the building for its various meetings and ministries in accordance with an Administrative Amendment to the Trust Deed that was agreed between the Trustees of the London Baptist Property Board and the Trustees of Manor Park Christian Centre on 10 December 2012. The church building has not been capitalised in these accounts.

13

MANOR PARK CHRISTIAN CENTRE

Notes to the Financial Statements For the year ended 31 December 2020

6. Debtors

6. Debtors
	2020	2019
	£	£
Prepayments	1,476	1,439
Gift Aid tax receivable	25,566	50,918
	27,042	52,357
7. Creditors – Amounts falling Due Within One Year

7. Creditors – Amounts falling Due Within One Year
	2020	2019
	£	£
Other creditors including taxation and social security	199	456
Accruals	1,100	2,750
	1,299	3,206

8. Restricted Income Funds

8a. Current Year Shoe Box Collection for individuals	At 1 January 2020 £ 327 565 892	At 1 January 2020 £ 327 565 892	Income £ Expenditure £ Transfers £ - - - - - - 0 0 0	Income £ Expenditure £ Transfers £ - - - - - - 0 0 0	Income £ Expenditure £ Transfers £ - - - - - - 0 0 0	Income £ Expenditure £ Transfers £ - - - - - - 0 0 0	Gains/ (losses) £ - - 0	At 31	At 31
								December
									2020
									£
									327
									565
									892

8b. Prior Year Shoe Box Night Shelter Watoto Ministries CAM international Collection for individuals	At 1 January 2019 £ 327 0 0 0 565 892	At 1 January 2019 £ 327 0 0 0 565 892	Income £ Expenditure £ Transfers £ - - 240 (240) - 822 (822) - 308 (308) - - - - 1,370 (1,370) 0	Income £ Expenditure £ Transfers £ - - 240 (240) - 822 (822) - 308 (308) - - - - 1,370 (1,370) 0	Income £ Expenditure £ Transfers £ - - 240 (240) - 822 (822) - 308 (308) - - - - 1,370 (1,370) 0	Income £ Expenditure £ Transfers £ - - 240 (240) - 822 (822) - 308 (308) - - - - 1,370 (1,370) 0	Gains/ (losses) £ - - - - - 0	At 31	At 31
								December
									2019
									£
									327
									0
									0
									0
									565
									892

Shoe Box: Income received in offerings and donations specifically towards the work of the Samaritan’s Purse charity.

14

MANOR PARK CHRISTIAN CENTRE

Notes to the Financial Statements For the year ended 31 December 2020

9. Operating Lease Commitments

The total future minimum lease payments under non-cancellable operating leases are payable:

Not later than one year Later than one year and not later than five years		2020		2019 £ 1,896 1,896 3,792
		£
		1,896 0
		1,896

10. Related Party Transactions

David Foster, a Trustee, received gross remuneration of £21,999 (2019: £21,999) during the year in his employed capacity of Pastor. David Foster also occupied a manse, rent free, as part of his contract of employment for the better performance of his duties

Jean Foster, the spouse of David Foster, received gross remuneration of £18,907 (2019: £18,907) during the year in her employed capacity of Lead Administrative and Catering Officer.

11. Members Funds

The company is a private company limited by guarantee with no share capital. The liability of the members is limited to £1 in the event of a winding up.

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