## **IMPACT FAMILY CENTRE**
# **REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] AUGUST 2020**
## **Charity Number: 1152020**
Accountancy Aid
26 Cherry Orchard Road Bromley, Kent, BR2 8NE 020 8462 5832
## **IMPACT FAMILY CENTRE**
## **REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] AUGUST 2020**
|**Contents**|**Pages**|
|---|---|
|Legal and administrative information|1|
|Report of the trustees|2-5|
|Report of the independent examiner|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes forming part of the financial statements|9-10|
1
## **IMPACT FAMILY CENTRE**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Pastor Joan Goodridge Mrs Evelyn Lobban Mr Peter Lobban Maritha Lightbourne **Charity Offices** Hub Space 414 Marco Polo House 3-5 Lansdowne Road Croydon, CR0 2BX **Charity Number** 1152020 **Independent Examiner** Roger Storey FCMA 26 Cherry Orchard Road Bromley Kent BR2 8NE **Accountants** Accountancy Aid 26 Cherry Orchard Road Bromley Kent BR2 8NE
2
## **IMPACT FAMILY CENTRE**
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31[ST] AUGUST 2020**
The Trustees are pleased to present IMPACT Family Centre’s Annual Report and Accounts for the year ended 31[st] August 2020. The financial statements have been prepared in accordance with the accounting policies set out on page 9 and comply with the charity’s trust deed and applicable law.
## **Objectives and Activities**
IMPACT Family Centre (IMPACT) has the general aim of contributing to the quality of life of the people of the London Borough of Croydon, and wider area by expanding their horizons through the provision of exciting, challenging and accessible professional and community services.
IMPACT Family Centre’s objects are:
- To advance the Christian faith in accordance with the Statement of Faith.
- To or for such other charitable purposes as the Trustees shall from time to time decide.
- Through IMPACT’s Reach, Touch and Transform Program our aim is:
- to help people build a healthy relationship with God and others,
- to help people understand God’s love through the practical expression of God’s love,
- to help people reach their fullest potential by commitment to living as God intended,
- to make the teaching resources relevant and accessible to all ages, and
- achieve maximum performance in personal development and leadership skills.
## **Public Benefit**
All of IMPACT Family Centre’s activities are charitable and are undertaken to further our charitable purposes for public benefit.
## **Achievements and Performance**
## Reach
Sunday and Thursday services continued until March 2020. We moved to virtual meetings just before the first national lockdown and continued to virtually meet every Sunday throughout the year.During the pandemic we introduced 1-hour virtual gatherings each weekday.
## Touch
We continue to be encouraged attendees which enable us to support those in need. During the year we provided support to families in need via Croydon Council’s Early Help Family Solution Service.
Like many who have been impacted by the pandemic, we were unable to organise the usual enrichment holiday and have had to adapt how we reach out to others in the community.
We continue to donate to causes and donated to the Victory Club, Croydon Vision and Premier Radio.
3
## **IMPACT FAMILY CENTRE**
## **’ TRUSTEES REPORT FOR THE YEAR ENDED 31[ST] AUGUST 2020 -**
## **continued**
## Transform
Our studies started on the Believe The Story – Think, Act and Be like Jesus by Randy Frazee, resource. This is a church wide curriculum walking through the key beliefs, practices and virtues in the Christian faith.
## **Plans for future periods**
The studies using the Believe resource will continue for the first half of the year. As the pandemic continues, we will continue to support families and needs in the community where we can.
## **Financial Review**
For the year ended 31[st] August 2020, there was significant improvement in the finances compared to last year due to the enrichment holiday not taking place.
## Principal Funding Resources
The principal sources of funding are collections and donations.
## Reserves policy
Reserves are needed to bridge the gaps between incoming resources and spending on charitable activities and managing and administering the charity. Reserves are also held to cover possible emergencies.
The Trustees have considered the level of reserves they wish to retain appropriate to the charity’s needs and are satisfied that the present reserves are adequate based on the charity’s size and the level of commitments held.
## **Structure, Governance and Management**
## Governing Document
Impact Family Centre is constituted by Trust Deed, and its objects are to advance the Christian Faith in accordance with the statement of faith.IMPACT Family Centre registered with the Charity Commission on 9[th] January 2013 and is governed by its Trust Deed dated 26 April 2013.
## Organisation
The board of trustees, which can have up to 5 members, administers the charity. The board currently meets quarterly. The leadership team (management committee), who currently are also trustees, meet monthly for prayer, fellowship and knowledge transfer. The chair has delegated authority, within terms of delegation approved by the trustees, for core operational and charitable activities.
## Trustee induction and training
New trustees will be exclusively appointed by the existing trustees from amongst those who have been serving in a leadership capacity. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role. New trustees will undergo an induction day to brief them on their legal obligations
4
## **IMPACT FAMILY CENTRE**
## **’ TRUSTEES REPORT FOR THE YEAR ENDED 31[ST] AUGUST 2020 -**
## **continued**
under charity law, the content of the Trust Deed, the management committee and decision making processes, the organisation plan and recent financial performance of the charity. During the induction day they will meet any key employees and other trustees.
## Related parties
IMPACT Family Centre has close relationships with other Christian organisations and networks.
## Risk management
The trustees have a risk management strategy which comprises:
- an annual review of the risks the charity may face;
- the establishment of systems and procedures to mitigate those risks identified in the plan; and
- the implementation of procedures designed to minimise any potential impact on the charity should those risks materialise.
5
## **IMPACT FAMILY CENTRE**
## **’ TRUSTEES REPORT FOR THE YEAR ENDED 31[ST] AUGUST 2020 - continued**
## **Trustees’ responsibilities in relation to the financial statements**
Charities law requires the trustees to prepare financial statements that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year. In doing so the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Make sound judgements and estimates that are reasonable and prudent; and
- Prepare the financial statements on the going concern basis unless it is appropriate to presume that the charity will continue in business.
The trustees are responsible for maintaining proper 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 2006. The trustees are 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.
In accordance with charities law, as the charity trustees, we certify that:
- so far as we are aware, there is no relevant audit information of which the company’s auditors are unaware; and
- as the trustees of the charity we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity’s auditors are aware of that information.
## **DECLARATION**
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees:
JOAN GOODRIDGE (Chair) - Trustee
Date: 14[th] April 2021
6
## **IMPACT FAMILY CENTRE**
## **REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES**
## **Independent examiner’s report to the trustees of Impact Family Centre.**
I report on the accounts of the Trust for the year ended 31st August 2020, which are set out on pages 7 to 10.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
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 commission under section 145(5)(b) of the 2011 Act
- 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 next statement.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements:
• to keep accounting records in accordance with section 130 of the 2011 Act and
• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
Roger Storey FCMA Chartered Management Accountant. 26 Cherry Orchard Road, Bromley, Kent, BR2 8NE Date 14[th] April 2021
7
## **IMPACT FAMILY CENTRE**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31[ST] AUGUST 2020**
|Notes
**INCOMING RESOURCES**
Voluntary Income
Annual Residential
Other income
**Total Incoming Resources**
**RESOURCES EXPENDED**
Charitable expenditure
Charitable activities
2
**Total Resources Expended**
**NET MOVEMENT IN FUNDS FOR**
**THE YEAR**
RESERVES BROUGHT FORWARD
TRANSFER BETWEEN FUNDS
**RESERVES CARRIED FORWARD**|2020
2019
Unrestricted
Funds
Restricted
Funds
Total
Funds
Total
Funds
£
£
£
£
26,818
0
26,818
24,093
6,146
0
6,146
18,865
1,245
0
1,245
6,445|
|---|---|
||34,209
0
34,209
49,403|
||22,906
0
22,906
46,083
0|
||22,906
0
22,906
46,083|
||**11,303**
**0**
**11,303**
**1,737**
5,342
8,000
13,342
8,284|
||0
0
0
0|
||**16,645**
**8,000**
**24,645**
**10,021**|
The notes form part of these financial statements
8
## **IMPACT FAMILY CENTRE**
## **BALANCE SHEET AS AT 31[ST] AUGUST 2020**
|Notes
**Current assets**
Cash at bank
Loans made
**Creditors:**amounts falling
due within one year
**Net current assets**
**NET ASSETS**
**RESERVES**
Unrestricted funds
Restricted funds
Approved by the trustees on
and signed on its behalf:|£
24,195
1,650||2020
£
24,645|£
14,542
0||2019
£
13,342|
|---|---|---|---|---|---|---|
||25,845|||14,542|||
||1,200|||1,200|||
||||||||
||||**24,645**|||**13,342**|
||||16,645
8,000
**24,645**|||5,342
8,000
**13,342**|
## Joan GOODRIDGE (Chair) – Trustee
14[th] April 2021
9
## **IMPACT FAMILY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] AUGUST 2020**
## **1 Accounting Policies**
## 1.1 Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The 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) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## 1.2 Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to the resources; the trustees are virtually certain they will receive the resources, and when the monetary value can be measured with sufficient reliability.Investment income: this is included in the accounts when receivable.
## 1.3 Resources Expended
Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.
- 1.4 Unrestricted funds can be used in accordance with the charitable objects at the discretion of the Trustees; restricted funds are subject to restrictions imposed by the donor.
10
## **IMPACT FAMILY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] AUGUST 2020**
|**2**|**Analysis or resources expended**
Direct Charitable Costs
Annual Residential
Education and Enrichment Activities
Care and Community Support
Venue Hire
Day Care and Youth Camps
Equipment Costs
Insurance and Premises
Gifts and donations
Website and Marketing
Miscellaneous costs
General administrative costs
Meetings
Professional fees
Donations to charities
Independent examiner’s fees||2020
£
6,326
3,322
4,313
1,560
0
1,769
374
1,169
91
106
2,655
261
120
600
240
22,906||2019
£
25,361
2,673
1,956
2,436
51
4,363
480
2,275
0
3,500
2,688
0
0
100
200|
|---|---|---|---|---|---|
||||||46,083|