CHRIST THE ROCK CHRISTIAN FELLOWSHIP FINANCIAL STATEMENTS 31 DECEMBER 2020
Company Number 08576555 Charity Number 1153404
CHRIST THE ROCK CHRISTIAN FELLOWSHIP
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2020
| Contents | Pages |
|---|---|
| Trustees’ Annual Report | 1 - 5 |
| Reference and Administrative Information | 6 |
| Independent Examiner’s Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statements |
10 - 17 |
| The following pages do not form part of the financial statements | |
| Detailed Statement of Financial Activities |
18 - 20 |
CHRIST THE ROCK CHRISTIAN FELLOWSHIP
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2020
The Trustees have pleasure in presenting their report and financial statements of the Charity for the year ended 31 December 2020, which complies with statutory requirements, the governing documents and the Statement of Recommended Practice, Accounting and Reporting by Charities (FRS102) issued in 2015.
Objects of the Charity
The objects of the Charity, as contained in the Articles of Association are:
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(a) The advancement of the Christian faith, the preaching and proclamation of the Christian gospel, the teaching of Christian doctrine and principles, the pastoral care of Christian people and the printing and distribution of the Bible and Christian literature.
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(b) The relief of persons who are in a condition of need, hardship or distress, or who are aged or sick.
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(c) The advancement of education on the basis of Christian principles for persons of all ages.
The charity seeks to further its objects through the provision of regular church services, by supporting missionary activities and by the provision of a community meeting facility at 88 Station Road Yate (The Candle).
Organisation
The Charity is governed by a Board of Trustees which is responsible for setting the strategic direction of the organisation and for establishing policy. The Board of Trustees meets regularly and involves the Eldership team of Christ the Rock Christian Fellowship in the operation of the organisation.
Investment powers
The Trustees have full and unrestricted powers of investing and transposing investments in all respects as they are absolutely and beneficially entitled thereto.
Review of the activities and future developments
The Charity held regular services of worship in premises rented from the Greenshaw Learning Trust until March 2020, when the Covid pandemic prevented their continuation and meetings have been held over the Zoom platform since then. The charity continues to rent a High Street premises as its public contact base, which houses offices and several meeting rooms normally used by both the church and community groups. When government rules have permitted, small physical meetings have been held in this High Street centre to enable those without internet access to participate in Sunday Zoom services, with strict adherence to Covid-secure practice. Due to the ongoing pandemic, no visits by church members to our linked overseas organisations have been possible during the past year. However, the charity has continued to provide grants to support the advancement of the Christian faith in various countries and also the relief of hardship among the homeless and needy population of Bristol and Yate.
The Charity continues to facilitate and support mission activities by its members with donations to Albania and Greece.
The Charity continues to rely on the voluntary support of its members for both its internal activities and its outreach to the local community, where these have been possible during the pandemic. During the year the Charity employed a Youth Leader, an Office Manager, a Finance Assistant and an Elder.
The Charity has had regard for the guidance from the Charity Commission regarding public benefit, and considers that its charitable purposes fulfil the public benefit requirement as follows:
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2020
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The Charity previously held regular services of worship on premises rented from Greenshaw Learning Trust, but since the pandemic these have been held over the Zoom platform. It facilitates ongoing teaching, support and social contact between members through regular small group meetings and teaching videos through the internet. It has provided grants to support the advancement of the Christian faith throughout various countries of the world and the relief of hardship amongst the homeless and needy population of Bristol and within the local community.
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The Charity’s rented premises at 88 Station Road, Yate (known as ‘The Candle’) are available as a community facility and are used intermittently by various local groups, as permitted by government guidelines during the pandemic. A limited programme of general maintenance work has continued during the year.
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The Charity provides funding and volunteer workers for the Willow Tree Centre, a separate charity providing help to women and their partners facing an unplanned pregnancy or needing help following a miscarriage, stillbirth or an abortion.
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The Charity has continued to run one outlet of the North Bristol Foodbank in its High Street premises, managed primarily by volunteers with oversight from the group’s paid manager.
It provides emergency food and other provisions to people in need within the community, together with a signposting system for guidance and support to its clients with the aim of preventing their continuing need for the service. The huge increase in demand on Foodbanks throughout the pandemic has been amply met by the recruitment of new volunteers and receipt of many generous donations.
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Until the start of the pandemic the Charity provided volunteers and financial support for a team of Street Pastors, who supported young people in need late on Friday & Saturday nights in the local area; this activity was part of a nationwide scheme initiated and supported by the Ascension Trust charity. Unfortunately this service ceased during the past year, as it was not possible to maintain it during the pandemic.
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The Charity provides financial and moral support to a volunteer who is working with refugees in Greece.
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The Charity provides volunteers and financial support for regular clubs and activities in several local primary and secondary schools.
Review of Relationships with other charities:
The Charity co-operates with other Christian groups and churches in the Bristol and Yate areas in joint worship services, leadership networking and voluntary service in the community. As mentioned above, the Charity facilitates a local Foodbank under the management of a large neighbouring group of Foodbanks, working in collaboration with the Trussell Trust. It also provides volunteer workers for various other charities such as the Willow Tree Centre, Re-generate, and One25 Ltd.
The Charity has ongoing links with missionaries in Albania and Greece.
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2020
Reserves
The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (“the free reserves”) should represent 3 – 6 months of expenditure, which equated to between £75,000 and £37,500 in general funds. At this level, the Trustees are confident that the organisation will be able to continue the current activities of the organisation in the event of a significant drop in funding.
In 2020, significant donations have been received and retained in the restricted funds (Foodbank account). This has been discussed with North Bristol Foodbank who were happy for the money to be retained in the Charity’s account. Due to the ongoing pandemic and expected increased economic hardship in 2021, the Trustees were happy to retain these funds and review the position towards the end of 2021 with a view to moving to a more normal level of reserves if conditions have stabilised.
At the balance sheet date, free reserves amounted to £122,853. The year ended with a surplus in free reserves, with reduced expenditure on hiring premises and supporting Mission activities as a result of the pandemic.
Implications of Covid 19 epidemic
At the date of this report the financial situation of the charity has not been significantly affected by the current epidemic. It is recognised that there may be a downturn in income during the coming months but there are sufficient reserves to counterbalance this possibility and also scope for reducing costs, should it become necessary. As a result of the epidemic it has not been possible to hold Sunday meetings at Yate Academy since March 2020, which has provided a considerable saving in the weekly cost of hiring a venue. In common with most churches, Sunday meetings have been held through the medium of Zoom and the vast majority of members have maintained regular connection with the church through these meetings and other group activities (via electronic means). Throughout the past year the church has continued to offer effective support for its most vulnerable members, particularly in relation to financial need, mental health and prevention of social isolation. Special consideration has been given to young people, with regular support from youth leaders combined with occasional small physical meetings, when possible. Consultations are continuing on plans for establishing new, safe patterns for church activities in the coming months, with due regard to compliance with evolving government guidelines. It is currently planned to continue Sunday services through Zoom until the end of the summer. The possibility of resuming physical meetings will then be reviewed, with due regard to the Covid infection rate and to feedback from members.
Investment policy
As income from funders is used within a short time of receipt, the Trustees consider that the most appropriate policy for investing funds is to place them on short-term deposit.
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2020
Risk review
The Trustees have a risk management strategy which comprises:
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an annual review of the principal risks and uncertainties that the charity faces;
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the establishment of policies, systems and procedures to mitigate those risks identified in the annual review; and
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the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise.
The two main risks to the charity identified by the trustees during the past year were:
1 Members gradually becoming disconnected from the charity due to lack of opportunities for physical meetings
2 A reduction in the charity’s income due either to loss of members or to a downturn in their financial circumstances, as a result of the pandemic.
Fortunately, neither of these risks has materialised. There has been a consistently good attendance rate at weekly Zoom services, social contacts between members have been maintained through small group activities (mainly online) and the charity’s income from members has remained stable.
Safeguarding
During early 2020 there was a short-term police investigation into allegations of historic malpractice; however, trustees have not been notified of any subsequent action arising from this. In order to ensure that safeguarding policies and practices are up to date and robust, a thorough safeguarding review is currently underway with support and guidance from a safeguarding consultancy organisation.
Risks relating to health and safety and fire have been managed by adherence to detailed policies and procedures. Risks relating to Covid have been managed by a temporary Advisory Group, which meets regularly with leaders and includes members who have professional expertise in this area.
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2020
Statement of trustees’ responsibilities
The trustees (who are also directors of Christ the Rock - Christian Fellowship for the purposes of company law) are responsible for preparing the Trustees’ Report (incorporating the strategic report and directors’ report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom 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 affairs of the charitable company and of the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate 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.
Signed by order of the trustees
P. Douglas Chair of the trustees
Date: 27 September 2021
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP REFERENCE AND ADMINISTRATIVE INFORMATION
YEAR ENDED 31 DECEMBER 2020
Status
The Charity is governed by its Articles of Association, dated 19 June 2013. It was incorporated as a company limited by guarantee, number 08576555 and was registered with the Charity Commission, number 1153404 on the same date.
Trustees
The Trustees who are directors for the purpose of company law and who served during the year are:
A. Bailey L.J. Charles
P. Douglas (chair) A. D. Penn (treasurer) P. Anthony
P. Anthony (Appointed on 16[th] March 2021) R. J. Rogers (Resigned on 9[th] April 2020) A. Woolcomb (Resigned on 31[st] August 2020)
Registered Office
The Church Office, 88 Station Road, Yate, Bristol, BS37 4PH
Independent Examiner
Josh Kingston ACA, Burton Sweet Limited, The Clock Tower, 5 Farleigh Court, Old Weston Road, Flax Bourton, Bristol BS48 1UR
Bankers
Lloyds Bank plc, 40 High Street, Chipping Sodbury, Bristol BS37 6AW
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
INDEPENDENT EXAMINER’S REPORT
YEAR ENDED 31 DECEMBER 2020
Independent examiner’s report to the trustees of Christ the Rock - Christian Fellowship
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2020.
.
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:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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.
Josh Kingston ACA, Burton Sweet Limited, The Clock Tower, 5 Farleigh Court, Old Weston Road, Flax Bourton, Bristol BS48 1UR,
Date: 7 September 2021
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 31 DECEMBER 2020
----- Start of picture text -----
Unrestricted Restricted Total Funds Total Funds
Funds Funds 2020 2019
Note £ £ £ £
Income from:
Donations and legacies 2 129,784 67,504 197,288 144,830
Charitable activities - - - 4,547
-
Other trading activities 1,919 1,919 1,260
Investment income 558 - 558 296
Total income 132,261 67,504 199,765 150,933
Expenditure on:
Charitable activities 3 118,859 31,278 150,137 149,831
Total expenditure 118,859 31,278 150,137 149,831
Net income/expenditure 13,402 36,226 49,628 1,102
Transfers between funds 11 (2,458) 2,458 - -
Net movement in funds 10,944 38,684 49,628 1,102
Total funds at 1 January 112,898 8,227 121,125 120,023
Total funds at 31 December 11 123,842 46,911 170,753 121,125
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The Charity has no recognised gains or losses other than the results for the year as set out above.
All of the activities of the charitable company are classed as continuing.
See note 7 for comparative Statement of Financial Activities.
The notes on pages 10 to 17 form part of these financial statements
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
BALANCE SHEET
Company Registration Number 08576555
AS AT 31 DECEMBER 2020
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2020 2019
Note £ £
Fixed assets
Tangible assets 8 989 1,598
Current assets
Debtors 9 8,954 9,299
Cash at bank 163,411 113,457
172,365 122,756
Creditors: amounts falling due within one year 10 (2,601) (3,229)
Net current assets 169,764 119,527
Net assets 170,753 121,125
Income funds
Unrestricted funds 12 123,842 112,898
Restricted funds 12 46,911 8,227
Total funds 170,753 121,125
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For the year ended 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act applicable to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.
These financial statements were approved by the trustees on 7 Septmber 2021 and are signed on their behalf by:
P Douglas (Chair of Trustees)
The notes on pages 10 to 17 form part of these financial statements
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2020
1 Accounting policies
- a) The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), the Charities Statement of Recommended Practice FRS102 (SORP FRS102), and the Companies Act 2006. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
The charity meets the definition of a public benefit entity under FRS102.
There are no material uncertainties about the charity’s ability to continue as a going concern, despite the significant uncertainty being caused by the worldwide COVID-19 crisis. Whilst the Trustees expect there to be a significant impact on the charity’s operations, the charity has sufficient reserves to be able to meet these challenges
- b) Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from donations is included in income when it is receivable, except as follows:
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I. When donors specify that donations given to the Charity must be used in future accounting periods, the income is deferred until those periods;
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II. When donors impose conditions which have to be fulfilled before the Charity becomes entitled to use such income, the income is deferred until the pre-conditions have been met.
Gifts in kind includes donated services and facilities which are recognised at a reasonable estimate of the amount the Charity would be prepared to pay for such items. An equivalent amount has been included as expenditure under the appropriate heading in the Statement of Financial Activities.
The charity receives donations of food items for the Foodbank to distribute to those in short-term need. These donations are not valued as the charity considers the benefit from doing so would be outweighed by the cost of calculating such a valuation.
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c) Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
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d) Grants payable are charged in the year when the offer is conveyed to the recipient except in those cases where the offer is conditional, such grants being recognised when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
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e) Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
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Office equipment - 25% p.a. reducing balance Fixtures and fittings - 25% p.a. reducing balance Improvements to leasehold property - straight line over the remaining period of the lease
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f) Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts.
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g) Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2020
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h) 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.
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i) Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees.
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j) Designated funds are funds set aside by the Trustees out of unrestricted general funds for specific future purposes or projects.
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k) Restricted funds 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 Donations and legacies
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|||||
|---|---|---|---|
|Unrestricted|Restricted|Total Funds|
|Funds|Funds|2020|
|£|£|£|
|Offerings, donations and gift aid|129,784|67,504|197,288|
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Donations received from trustees and other related parties during the year were £29,435 (2019: £24,765).
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|||||
|---|---|---|---|
|Prior year comparative|Unrestricted|Restricted|Total Funds|
|Funds|Funds|2019|
|£|£|£|
|Offerings, donations and gift aid|121,264|23,566|144,830|
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- 3 Expenditure on: Charitable activities
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||||||
|---|---|---|---|---|
|Activities|
|undertaken Grant funding|Support|Total Funds|
|directly|of activities|costs|2020|
|£|£|£|£|
|-|
|General Ministry|22,618|104,904|127,522|
|Mission|-|21,248|-|21,248|
|Youth|1,367|-|-|1,367|
|23,985|21,248|104,904|150,137|
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Support costs are allocated on the basis of cost of activities undertaken directly.
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2020
3 Expenditure on: Charitable activities (continued)
Prior year comparative
| Activities undertaken Grant funding Support Total Funds directly of activities costs 2019 £ £ £ £ General Ministry 24,927 - 96,715 121,642 Mission - 24,666 - 24,666 Youth 3,523 - - 3,523 28,450 24,666 96,715 149,831 Support costs are allocated on the basis of cost of activities undertaken directly. Grants payable 2020 £ Grants to Christian organisations Bristol International Trust (BISC) 725 Willow Tree Centre 1,200 Regener8 1,020 Lions Club 969 Small grants of £150 or less - Grants to individuals 17,334 21,248 Net income for the year is stated after charging: 2020 £ Depreciation 1,108 Independent examiner's fee - Accounts preparation 1,170 - Independent examination 630 Staff costs and numbers The aggregate payroll costs were: 2020 £ Wages and salaries 49,245 Social security costs - Employer's pension costs 752 49,997 |
2019 £ 725 1,200 1,020 - 250 21,471 24,666 2019 £ 3,381 990 530 2019 £ 32,683 57 415 33,155 |
|---|---|
4 Net income for the year is stated after charging:
- 5 Staff costs and numbers
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020
5 Staff costs and numbers (continued)
No employee received emoluments of more than £60,000.
No trustees have been remunerated or reimbursed for their out of pocket travel expenses (2019: Nil)
The trustees consider themselves to be the key management personnel of the Charity, and as such have received no remuneration.
The average weekly number of employees based on average headcount during the year was as follows:
Fellowship
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|||
|---|---|
|2020|2019|
|No.|No.|
|4|3|
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6 Taxation
The Charity is exempt from corporation tax on its charitable activities.
7 Comparative Statement of Financial Activities
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|||||
|---|---|---|---|
|Unrestricted|Restricted|Total Funds|
|Funds|Funds|2019|
|£|£|£|
|Income from:|
|Donations and legacies|121,264|23,566|144,830|
|Charitable activities|4,547|-|4,547|
|-|
|Other trading activities|1,260|1,260|
|Investment income|296|-|296|
|Total income|127,367|23,566|150,933|
|Expenditure on:|
|Charitable activities|106,777|43,054|149,831|
|Total expenditure|106,777|43,054|149,831|
|Net income/expenditure|20,590|(19,488)|1,102|
|Transfers between funds|(2,760)|2,760|-|
|Net movement in funds|17,830|(16,728)|1,102|
|Total funds at 1 January|95,068|24,955|120,023|
|Total funds at 31 December|112,898|8,227|121,125|
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2020
8 Tangible fixed assets
| Cost At 1 January 2020 Additions At 31 December 2020 Depreciation At 1 January 2020 Charge for year At 31 December 2020 Net book value At 31 December 2020 At 31 December 2019 Debtors Gift Aid Other debtors and prepayments |
Improvements to Leasehold Property £ 18,700 - 18,700 17,922 778 18,700 - 778 |
Office Equipment £ 2,214 500 2,714 1,524 298 1,822 892 690 |
Fixtures & Fittings £ 689 - 689 559 33 592 97 130 2020 £ 8,574 380 8,954 |
Total £ 21,603 500 22,103 20,005 1,109 21,114 989 1,598 2019 £ 7,245 2,054 9,299 |
|---|---|---|---|---|
9 Debtors
10 Creditors: amounts falling due within one year
| Accruals Other creditors Tax and social security |
2020 £ 1,800 333 468 2,601 |
2019 £ 1,520 1,379 330 3,229 |
|---|---|---|
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2020
11 Movement in funds
| Year ended 31 December 2020 Unrestricted funds General funds Restricted funds Special Needs Mission Action Group Bean Fund Foodbank Local Hardship Fund Total funds Year ended 31 December 2019 Unrestricted funds General funds Restricted funds Special Needs Mission Action Group Foodbank Trussell Trust Bean Fund Foodbank Local Hardship Fund Church Weekend Away Total funds |
1 January 2020 £ 112,898 364 1,325 583 5,955 8,227 121,125 1 January 2019 £ 95,068 364 1,494 22,662 435 - - 24,955 120,023 |
Income £ 132,261 830 10,955 49 55,670 67,504 199,765 Income £ 127,367 - 9,993 8,446 148 2,300 2,679 23,566 150,933 |
Expenditure Transfers £ £ (118,859) (2,458) (1,851) 657 (10,926) 1,801 (583) - (17,918) - (31,278) 2,458 (150,137) - Expenditure Transfers £ £ (106,777) (2,760) - - (12,527) 2,365 (26,890) (4,218) - - (563) 4,218 (3,074) 395 (43,054) 2,760 (149,831) - |
31 December 2020 £ 123,842 - 3,155 49 43,707 46,911 170,753 31 December 2019 £ 112,898 364 1,325 - 583 5,955 - 8,227 121,125 |
|---|---|---|---|---|
Restricted funds
Mission Action Group funds are those donated for supporting mission abroad, particularly in Greece, Albania and Burkina Faso.
Foodbank Trussell Trust funds and donated goods received are used in the running of the foodbank which provides emergency food to people in the local community.
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2020
11 Movement in funds (continued)
Restricted funds (continued)
The Special Needs Fund consists of funds given by church members to support people both inside and outside the church with short-term problems.
The Bean Fund is made up of small donations from church members used to help provide meals (beans) for the homeless in Bristol.
Foodbank Local Hardship Fund. This fund provides a range of ancillary services to clients of the Trussell Trust Foodbank outlet that operates on the Charity's premises.
Church Weekend Away Fund. This relates to contributions made by some members of the church towards the cost of a weekend away during the year.
The transfers between funds represents transfers from unrestricted funds to support the Mission Action Group fund as part of the Charity's Mission expenditure.
12 Analysis of net assets
| Year ended 31 December 2020 Unrestricted funds General funds Restricted funds Year ended 31 December 2019 Unrestricted funds General funds Restricted funds |
Tangible Other fixed assets net assets £ £ 989 122,853 - 46,911 989 169,764 Tangible Other fixed assets net assets £ £ 1,598 111,300 - 8,227 1,598 119,527 |
Total £ 123,842 46,911 170,753 Total £ 112,898 8,227 121,125 |
|---|---|---|
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2020
13 Operating lease commitments
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||||
|---|---|---|
|Land &|Land &|
|At the year- end, the Charity had total minimum commitments|
|under non-cancellable operating leases as set out below:|Buildings|Buildings|
|2020|2019|
|£|£|
|Amounts payable:|
|Within 1 year|27,500|6,875|
|-|
|Between 2-5 years|82,500|
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14 Company limited by guarantee
The charity is a company limited by guarantee having no share capital. Every member is liable to contribute £1 towards the costs of dissolution and the liabilities incurred by the charity in the event of the charity being
17
CHRIST THE ROCK CHRISTIAN FELLOWSHIP
MANAGEMENT INFORMATION YEAR ENDED 31 DECEMBER 2020
The following pages do not form part of the statutory financial statements which are the subject of the independent examiner's report on page 7 .
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 DECEMBER 2020
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Total Funds Total Funds
2020 2019
£ £
Income
Offerings 3,044 14,740
Gift aid donations 88,884 72,831
Gift aid receipt 21,528 18,786
Payroll giving 15,480 15,190
Church weekend contributions - 2,679
Donations to Special Needs Fund 830 70
Mission Action Group Funds 11,803 12,319
Youthwork activities - 1,868
Foodbank Trussell Trust - 8,446
Foodbank Local Hardship Fund 55,670 2,300
Bean Fund 49 148
Room rental 1,919 1,260
Investment income 558 296
Total income 199,765 150,933
Expenditure
Charitable activities
Mission
Grants to Christian organisations 3,914 3,195
Grants to individuals 17,334 21,471
21,248 24,666
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CHRIST THE ROCK CHRISTIAN FELLOWSHIP
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 DECEMBER 2020
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Total Funds Total Funds
2020 2019
£ £
General ministry
Visiting speakers - 700
Books, music & Traidcraft purchases 287 500
Foodbank Trussell Trust - 17,890
Foodbank Local Hardship Fund 17,918 563
Membership 2,562 1,686
-
Church weekend away 3,074
Special Needs grants 1,851 514
22,618 24,927
Young people
Youth group 1,367 3,523
1,367 3,523
Support costs allocated to charitable activities
Rent 30,757 37,932
Rates & water 1,907 1,195
Light & heat 2,428 1,982
Insurance 1,762 1,028
Telephone 1,382 639
Printing, postage & stationery 1,431 2,540
Outreach worker - 3,144
Staff salaries & wages 49,245 32,683
Employer's NIC - 57
Employer's pension contributions 752 415
Training and other staff costs 1,865 1,468
Sundry expenses 364 811
Repairs & renewals 3,980 3,926
Bank charges 225 325
Depreciation 1,108 3,381
Legal and professional fees 5,898 4,239
Independent examination fees - current year 1,800 1,520
-
Over-accrued in prior year (570)
104,904 96,715
Total expenditure 150,137 149,831
Net surplus/(deficit) 49,628 1,102
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