2021-03-31-accounts - Becontree Church

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Becontree Church

Annual Report and Financial Statements For the Year ended 31[st] March 2021

Charity registration no: 1154948

BECONTREE CHURCH

Contents
________
	Page
Charity information	3
Trustees Report	4-6
Statement of trustees’ responsibilities	6
Auditors/Independent Examiner’s report	7
Statement of financial activities	8
Balance sheet	9
Notes forming part of the financial statements	10-11

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CHARITY INFORMATION

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Management committee

Mr. Jason Freeman, Chairman 2. Mr. Barry Sanders, Treasurer 3. Miss. Verona Lawrence 4. Mr. Kane Balagtey Secretary Miss. Natalie Yates Registered Office The Becontree Church Centre 330 Hedgemans Road Dagenham RM9 6BX Bankers Barclays Bank, Dagenham Branch,

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Report of the trustees for the year ended 31 March 2020

The Trustees are pleased to present their report together with the financial statements of the charity for the year ended 31[st] March 2020.

We wish to acknowledge and thank all our committee members, staff and volunteers who have contributed their time and energy to achieve the Church’s objects with minimal resources.

Our Charity remains deeply grateful to the various sponsors, partners and church members who supported us through out the year.

Our objects, mission, values and activities

Our charitable objects are

(1) For the benefit of the public,

(2) The advancement of the Christian faith in Essex, and in such other parts of the United Kingdom and the world, as the charity trustees may from time to time

decide

Our Mission Statement

To visit every home in our area to explain the importance of Jesus and to encourage each other to joyfully be like him.

BECONTREE CHURCH STATEMENT OF FAITH

1. The Bible is God’s written word

Carried along by the Holy Spirit, the human authors spoke from God and their words are wholly trustworthy in all that they affirm and deny. Being God-breathed the Scriptures are the full, final and sufficient revelation of God, and are therefore our supreme authority in all matter of faith and doctrine.

2. Sin renders all people liable to condemnation

By nature, all people are rebels against their Creator, and objects of his righteous anger and wrath. Being dead in sin we are powerless to save ourselves and, apart from God’s mercy and the life-giving power of the Holy Spirit, must surely perish on the Day of Judgement.

The gospel proclaims the only way of salvation

The living God, eternally existing in three persons, has acted in love for the salvation of men and women, old and young from every people and nation. God the Father sent God the Son into the world to be the Saviour we need; God the Son gave himself up to death on the cross to redeem all who will turn and trust in him for their salvation; God the Holy Spirit brings the blessing of conviction of sin and new birth into the rich inheritance of grace and truth, pardon and peace won for us by Christ. This belongs equally to all who are adopted as children of God. In Christ there is now no condemnation.

4. Jesus is the only Saviour, and judge of all

In the fullness of his eternal deity our Lord Jesus Christ was conceived by the Holy Spirit and became man, being born of the Virgin Mary. He took upon himself a perfect human nature

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without compromising his divine nature and acquired a truly human experience. Humbling himself to death on a cross, Jesus shed his blood as the Lamb of God who takes away the sin of the world, bearing in our place the condemnation our sin deserved.

All who turn to him as Lord are justified by faith alone through grace alone and, having Christ’s righteousness credited to them, are assured of eternal life. By raising Jesus bodily from the dead, and by exalting him into heaven, God the Father demonstrated full acceptance of Christ’s finished atoning work and proclaimed him to be the one who will judge all the world.

5. The worldwide church is the fellowship of all who belong to Christ

The people of God consist of all those who are born again by the Spirit. The fellowship of believers is sustained primarily through prayer and the ministry of God’s word, with baptism and the Lord’s Supper as important signs of God’s covenant of grace.

The risen and ascended Lord Jesus gives gifts and ministries to his people so that, under the authority of his word, his church may be built up in love to serve God and proclaim his salvation in the power of the Spirit.

God’s mission is to proclaim salvation to the ends of the earth

All mission is God’s mission. From the time of humanity’s rebellion God has acted in loving mercy to seek and to save the lost. It is God who is the missioner, and the church is the fruit of his mission. Out of his great love God the Father sent his one and only Son into the world, not to condemn but to save. Likewise, Jesus sent his disciples into the world with delegated authority, and in living dependence upon the Spirit. They were sent to make available the forgiveness of sins to all who will believe.

Jesus prayed that every subsequent generation of his people would be united with the Apostles in belief and mission, and so today we continue to take God’s word to God’s world. We proclaim the forgiveness of sins to all nations, and teach all that Jesus commanded, baptising in the name of the Father and of the Son and of the Holy Spirit, until he returns.

God delays Jesus’ return, not wishing any to perish but all to come to eternal life. But return he will, to judge the living and the dead, to usher in the new heaven and new earth, to call his servants to account and to receive them into glory. Amen. Come Lord Jesus.

April 2020-21 Activities:

Like the rest of the UK, for us the first quarter of the year (March-June) was spent in lockdown. All activities that involved meeting in person were prohibited, so the church met twice weekly using zoom, for teaching and encouragement.
During this time we ran two online introductory courses - one called ‘Same Again?’ based around the bible overview ‘Two ways to live’ - which one person attended. The second was 3 sessions in the build up to Easter. These videos are still available on our Youtube channel.
In the first week of July, the church started meeting in person, and has done so since, in adherence to government guidelines. It has been a joy to see each other, and as time went on, to return to normal activities and interaction.
In December we took part in ‘Carols in cars’ - a big outdoor carol service in partnership with the council. The event moved to a live broadcast (as tier 4

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restrictions came in) but lots of households viewed from the warmth and comfort of their homes.

In the early part of 2021, we were able to resume our first contact visits, in order

to share the gospel, through relationships, and have had a handful of people responding and coming along in person.

Reserves Policy and Risk Management

It is our policy to maintain a minimum balance on undesignated funds which equate to 1 year’s unrestricted payments to ensure all expenditures are covered. This is currently set at £30,000.00. This will be continuously reviewed according to the charity's exposure to risk, and the Management Committee will put measures in place to manage those risks.

Trustees’ responsibilities in relation to the financial statements

Charity 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 judgments and estimates that are reasonable and prudent
Prepare the financial statements on the going concern basis unless it is inappropriate 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 Companies Act 1985 and 1989. 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.

Natalie Yates Secretary Date: 19[th] January 2020

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Independent Examiner’s report to the trustees of Becontree Church

I report on the accounts for the year ended 31st March 2021, which are set out on pages eight to eleven.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the 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.

My role is to state whether any material matters have come to my attention giving me cause to believe:

that accounting records were not kept as required by section 130 of the Act; or
that the accounts do not accord with those records; or
that the accounts do not comply with the accounting requirements of the Act; or
that there is further information needed for a proper understanding of the accounts.

Independent examiner's statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.

Natalie Floyd ICAEW Cobbin Floyd Limited Chartered Accountants 15a Station Road Epping Essex CM16 4HG

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Statement of Financial Activities

BECONTREE CHURCH

Unrestricted Restricted Designated Funds Funds Funds £ £ £ 34,344 - - 21,100 - - 3,864 - - 9,410 - -	Unrestricted Restricted Designated Funds Funds Funds £ £ £ 34,344 - - 21,100 - - 3,864 - - 9,410 - -	Unrestricted Restricted Designated Funds Funds Funds £ £ £ 34,344 - - 21,100 - - 3,864 - - 9,410 - -	2021 Total Funds £ 34,344 21,100 3,864 9,410	2020 Total Funds £ 36,503 28,874 - -
68,718	-	-	68,718	65,377
5,000 8,813 - 28,824 - 473 553 116 - - 3,500 - - 228 294 5,468 630 282 705	- - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - -	5,000 8,813 - 28,824 - 473 553 116 - - 3,500 - - 228 294 5,468 630 282 705	10,000 7,487 3,404 53,182 1,087 1,202 634 - 1,033 577 3,500 365 226 225 159 5,509 600 282 -
54,886	-	-	54,886	89,472

13,832	0	0	13,832	-24,095

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Balance Sheet

Unrestricted Restricted Designated Funds Funds Funds £ £ £ 282 0 0	Unrestricted Restricted Designated Funds Funds Funds £ £ £ 282 0 0	Unrestricted Restricted Designated Funds Funds Funds £ £ £ 282 0 0	2021 £ 282	2020 £ 564
282	0	0	282	564
555 81,714	0 0	0 555 0 0 81,714 67,208
82,269	0	0 82,269 67,208
-2,568	0	0 -2,568 -1,622
79,701 79,983	0 0	0 79,701 65,586 0 79,983 66,150
79,983	0	0 79,983 66,150
79,983 - -	- 0 - -	- 79,983 66,150 0 0 0 0 0 0 - 0 0
79,983	0	0 79,983 66,150

BARRY SANDERS Date of Approval: 20th August 2021

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Notes to the Accounts

Notes to the financial statements for the year ended 31 March 2021

	r ended 31 March 2021	r ended 31 March 2021	r ended 31 March 2021
1 Creditors: Amounts falling due within 1 year (Unpresented Cheques) HMRC - PAYE Accountancy Fees 2 Revenue Reserve Net movement in funds Total funds brought forward Total funds carried forward	Unrestricted Funds Restricted Funds Designated Funds £ £ £ 1938 - - 630 - -	2021 £ 1938 630	2020 £ 1,022 600
	2,568 0 0	2,568	1,622
	Unrestricted Funds Restricted Funds Designated Funds 2021 2020 £ £ £ £ £ 13,833 0 0 13,833 -24,095 66,150 0 0 66,150 90,245
	79,983 0 0 79,983 66,150

Notes to the financial statements for the year ended 31 March 2021 Accounting Policies

(a) Basis of accounting

These financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities(SORP2005) issued in April 2005, applicable Accounting Standards and the Companies Act 2006

The accounting policies have not changed during the year.

(b) Grants

Grants are recognised in the Statements of Financial Activities (SOFA) on an accrual basis following the satisfaction of any pre-conditions.

(c.) Fundraising and Donations

Fundraising and donations include contributions made towards expenses incurred and the provision of facilities used by the charitable company. These are valued at their value to the Charity and are included in the financial statements on a receivable basis.

(d) Gifts in kind

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold.

(e) Other income

Other income is recognised in the financial statements when received.

(f) Resources expended

Expenditure is recognised on an accrual basis inclusive of VAT which cannot be recovered.

Certain expenditure that is directly attributable to specific activities have been wholly included in those categories. Other costs which are attributable to more than one activity are apportioned across cost categories on the basis of the proportion of time spent by staff on those activities.

In preparing these accounts no monetary value has been attributed to the work performed by volunteers in accordance with SORP 2005, although their work is considered vital to the activities of the charity.

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(g) Capitalisation

Expenditure on repairs, renewals, plant, machinery, fixtures, fittings, equipment and donated goods which exceed £500 are capitalised.

(h) Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost. Depreciation is provided on all tangible assets at rates calculated to write off the costs on a straight-line basis over their expected useful economic lives as follows: Furniture, equipment, fixtures and fittings 12.5% per annum Computer Equipment 25% per annum (i) Taxation

No provision for taxation is included in the financial statements as the charity is

entitled to exemption from tax afforded by Section 505 of the Corporation Taxes Act 1988.

(j) Fund accounting

Undesignated general funds are funds which can be used in accordance with the charitable objects at the discretion of the trustees.

Designated funds are funds which are earmarked for a specific project

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

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