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2021-03-31-accounts

South Hams Christian

Fellowship

shcf.kingsbridge@gmail.com www.south-hams-christian-fellowship.org

11[th] May 2021

Trustees Report for y/e 31[st] March 2021

The Trustees have met with the Leadership Team to review the activities, to receive the accounts for the year and to discuss plans for the forthcoming year.

The year past has been a year of change for SHCF, as with most of the world, due to the restrictions posed by the Government’s response to the Covid pandemic. The Fellowship has not been able to meet in person for services, house-groups or other activities and has had to maintain the ‘life’ of the Fellowship through Zoom services and by personal phone calls to support members.

Overall, although like most, we feel a little weary of this means of communication, we have seen the members of the Fellowship work hard to support each other, particularly caring those who live alone. Members of the Fellowship also volunteered to help in community service like the Kingsbridge Food Bank and to train as vaccinators for the application of the vaccine for Covid.

The accounts for the year were presented and accepted and it was noted that SHCF had maintained its intention of using incoming funds, that were not required to maintain the work of the Fellowship, in the support of Christian mission and relief both in the U.K. and across the world. This support amounted to 49.63% of total income.

It was also noted that the 2021 Gift Day in support of the ‘Chapel Project’ had raised an additional amount of approximately £16,000, inclusive of Gift Aid, and this amount was recorded as both Restricted and Designated Funds within the accounting records.

This year has seen the Fellowship progressing with the restoration, repair and refurbishment of the Chapel building in Kingsbridge and at the time of writing this report, the Fellowship is preparing to hold its first service there at the beginning of July with an ‘official opening’ at the beginning of September.

As with any project of this nature, we have experienced additional expense to that identified in the original survey. This has pushed up the costs of restoration to £365,000 but we have experienced great generosity of giving from both members of the Fellowship, the Trustees of the Chapel and the grant making trusts that we have approached and have gathered £336,000 at the time of this report. As a Fellowship, we are thankful to God for His provision thus far and are trusting Him for the remaining requirement.

The physical work on the Chapel has progressed, even during the ‘lock-down’ period, thanks to the efforts of Steve Bruce, our Principal Contractor, who has worked tirelessly himself and managed the trade contractors as they have come on site to do the specialist work – the Trustees recognise all Steve’s endeavours and thank him accordingly.

The Trustees are looking forward to the challenges of the coming year in respect of finishing the restoration work in the Chapel and are looking forward to a resumption of Fellowship life in the new premises once the building is completed and the Covid pandemic allows.

Signed on behalf of all the Trustees

R_&_P

South Hams Christian Fellowship Christian Fellowship Christian Fellowship Registered no.
1155568
Receipts and payments accounts CC16a
For the period
from
1stApril 2020
Period start date
To Period end date
31stMarch 2021

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest £
10,740
6,050
50
4,429
21,269
0
Unrestricted
funds
to the nearest £
10,740
6,050
50
4,429
21,269
0
Restricted
funds
to the nearest £
625
10,000
12,700
100
171,545
10,592
2,000
8
3,416
210,987
0
Restricted
funds
to the nearest £
625
10,000
12,700
100
171,545
10,592
2,000
8
3,416
210,987
0
Endowment
funds
to the nearest £
Endowment
funds
to the nearest £
Total funds
to the nearest £
10,740
6,050
50
625
4,429
10,000
12,700
100
171,545
10,592
2,000
8
3,416
232,256
0
Total funds
to the nearest £
10,740
6,050
50
625
4,429
10,000
12,700
100
171,545
10,592
2,000
8
3,416
232,256
0
Last year
to the nearest £
Gen Fund - Gift Aided 10,740 10,275
Gen Fund - not Gift Aided 6,050 6,295
Gen Fund - Appeals 50
Designated income 593
Gen Fund - GA Tax return - fory/e Mar 2020 4,429 4,323
Chapel Project - Gift Aided 8,000
Chapel Project - not Gift Aided 5,730
Sale of equipment 690
Grants 5,854
Chapel - VAT returns
Chapel - GA Tax return fory/e Mar 2020
Interest received 3
Depon window mnfctgreturned
Sub total(Gross income for AR) 21,269 41,763
A2 Asset and investment sales,
(see table).
Sub total 0
Total receipts
A3 Payments
21,269 210,987 232,256 41,763
84
925
9,840
685
10
2,694
20
111
399
14,767
0
1,779
116,548
536
107
118,970
0
0
0
84
925
9,840
685
10
2,694
20
111
399
1,779
116,548
536
107
133,737
0

Hire of hall
84 1,497
Speaker's expenses 925 2,483
Gifts out 9,840 9,633
Designated expenditure 685 811
Heating 10 270
Insurance 2,694 415
Stationery 20 31
Website costs
Equipment costs
Junior church
Sundries 111 320
Fees/subscriptions 399 243
Chapel Project - general expenses 191
Chapel Project - building works
Chapel - utilities
Chapel -sundries
Evangelism & outreach 558
Refreshments & consumables 105
Sub total 14,767 16,557
A4 Asset and investment
purchases, (see table)
Equipment & furniture
Sub total 0 0
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
14,767 118,970 133,737 16,557
6,501
-18,630
36,461
24,332
92,018
18,630
1,644
112,291
0 98,519
38,105
136,624
6,501 92,018 98,519 25,207
-18,630 18,630
36,461 1,644 38,105 12,898
24,332 112,291 0 136,624 38,105

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R_&_P

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on behalf
of all the trustees
B5 Liabilities
B4 Assets retained for the
charity’s own use
B3 Investment assets
B2 Other monetary assets
B1 Cash funds
Signature
Details
Details
Digital projector
PA equipment
Amplifiers
Details
Details
GA - claim outstanding for y/e Mar 2021
GASDS - claim outstanding for y/e Mar 2021
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Natwest Current a/c
Natwest Business Reserve a/c
rounding error
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
23555
113068
23555
113068
113068.39
Agreement Error
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
2885
2350
1039
961
Fund to which
asset belongs
Cost (optional)
Fund to which
asset belongs
Cost (optional)
General
300
General
311
General
356
Fund to which
liability relates
Amount due
(optional)
Print Name
Endowment
funds
to nearest £
-
OK
Endowment
funds
to nearest £
Current value
(optional)
Current value
(optional)
200
250
300
When due
(optional)
Date of approval

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