OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

ANNUAL REPORT AND ACCOUNTS 2021 (For the period to 31-03-21)

www.chapelhouseministries.org.uk Chapel House Ministries is a Registered Charity No. 1156159

Chapel House Ministries Annual Report and Accounts 2021

1. Introduction

The Annual Report and Accounts for Chapel House Ministries is written equally for Trustees and those outside of the charity looking in. As a charity we have to be publicly accountable to everyone. Therefore, it is produced in accordance with the requirements of the Charities Act and any regulations made there under and the Charities SORP; Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard (FRS102) (effective 1 January 2019). For further information please contact the Chairman, Secretary or Treasurer.

Contact Details:

Chapel House Ministries, Chapel House, Moseley Road, Hallow, Worcestershire, WR2 6NH.

2. Administrative Information

Chapel House Ministries is a registered charity number 1156159 operating out of Chapel House (see address above). During the period 01 April 2020 to 31 March 2021 the following Trustees were appointed:

The first charity trustees are as follows:

Paul Frederick Wilcox Jane Paton Wilcox

The charity trustees appointed for the following terms are as follows: Deborah Mary Austin for 4 years to 20[th] March 2022 Charles Michael Barry Austin for 4 years to 20[th] March 2022 Gillian Lucas for 4 years to 20[th] March 2022

Grahame Lucas for 4 years to 20[th] March 2022

3. Structure, Governance and Management

Chapel House Ministries is a Charitable Incorporated Organisation (CIO) and operates in accordance with its Constitution dated 4[th] February 2014.

The Trustees are responsible for all aspects of the operation of the Charity including Health and Safety, discrimination and protection of vulnerable people. The Trustees are also responsible for strategic risk management and consider this at each Trustee meeting. Management actions are routinely put in place for material risks. The trustees also have adopted a standard conflict of interest clause.

The Charity Trustees meet four times a year and are responsible for all business decisions of the Charity.

4. Objectives

The objects of the Chapel House Ministries are; -

1

Chapel House Ministries Annual Report and Accounts 2021

vi. Grants to individuals.

5. Achievements and Outcomes

The year 2020-2021 was very different for Chapel House Ministries. Most of the year was spent in Lockdown and so the number of events and activities was dramatically reduced, as can be seen in the table below. Please note that the Zoom meetings mentioned were online retreats organised under the auspices of Chapel House Ministries, which would ordinarily have taken place in person. The 16 visits by individuals took place during brief periods when restrictions were lifted and it was considered safe enough to offer accommodation.

The Christian Coach and Mentoring Network (CCMN) was renamed from The Mentoring Network (TMN) during the year. During 2020-21 we secured a grant from the St Barnabas Trust of £1,600 towards the work of CCMN. Our mentoring work continues to grow and we are currently operating with 76 mentors / Coaches, and have mentored or coached 161 individuals.

During Lockdown, however, thanks to the generosity of donors, we were able to take advantage of the fact that the premises were not being used and have had a significant amount of work done i.e. redecoration throughout the building, block paving of the drive, repair and painting of boundary fences, and wooden cladding of the garage. All of this has helped to improve the aesthetic appeal of the building and will make it more comfortable and attractive for future guests.

Chapel House Ministries started in early 2014 and since then has:

l make it more comfortable and attractive for future guests.
apel House Ministries started in early 2014 and since then has:
l make it more comfortable and attractive for future guests.
apel House Ministries started in early 2014 and since then has:
2015/16
2016/17
2017/18
2018/19
2019/20
2020/21
Chapel House Ministries
a. ministered to, and mentored
individuals
296
275
517
420
350
116
b. held separate events for
mentoring, hospitality, prayer,
and lectures
31
18
37
57
32
13
c. received thehelp of volunteers
10
10
10
10
20
0
nancial Review
nutshell and as at 31 March 2021:
a. During 2020-21 we spent money on retreats, equipment and furniture,
mission partner support and general running costs as follow:
Expenditure
2020-21
£
2019-20
£
Chapel House – Equipment and furnishing
463
623
Chapel House - Running costs and Garden Maintenance
8,973
8,211
Mission partners
15,764
8,191
CCMN Mentoring Network
8,202
6,892
Total
33,402
23,917
2020-21
£
2019-20
£
463
623
8,973
8,211
15,764
8,191
8,202
6,892
33,402
23,917
2020-21
£
463
8,973
15,764
8,202
33,402

6. Financial Review

In nutshell and as at 31 March 2021:

2

Chapel House Ministries Annual Report and Accounts 2021

b. Income was received during the year as follows:

Income
Chapel House
Airbnb
Designated for Mission Partners
CCMN Mentoring Network
Donations for Improvements and Loan repayment
Total
2020-21
£
2019-20
£
9,072
0
7,501
9,965
0
26,538
11,654
537
15,035
4,940
15,000
47,167

7. Actions for the future

The Trustees are keen to build on the existing work of CHM that is proving to be meeting the Objectives.

The Trustees continue to pursue how CHM might be used to explore the emerging, contemplative style of the Christian faith that seems to be striking a chord with a number of young Christians who are becoming increasingly isolated from formal church structures.

During 2020-21 the Trustees addressed issues around the COVID-19 Pandemic and its significant impact on the ability of the charity to continue as normal during the pandemic. The Trustees reviewed arrangements to ensure safe and social distanced operating. The Trustees also made the decision to rent out the facility under an Airbnb arrangement to ensure that we can maintain cash flow and use of the building during the predicted fallow time. This will be kept under close scrutiny and review as we move forward in the coming months and years, to ensure we can continue to operate within the limitations of the Pandemic and the “new normal”.

8. Accounting Policies

Accruals: It is the policy of Chapel House Ministries to prepare accounts on a payments and receipts basis. The exception to this is the claim for Gift Aid recovery from HMRC that remains outstanding at the year end. This will be treated on an accrual basis.

Property Valuation: The Charity owns one property; Chapel House. The initial value of the building was shown at purchase cost (2014) and subsequently increased by the value of the internal reordering works carried out in 2016-17. The Charity has adopted a policy of revaluing Chapel House, in accordance with the Financial

3

Chapel House Ministries Annual Report and Accounts 2021

Reporting Standard (FRS102). In 2017 a professional and independent valuation was carried out as now reflected in these accounts.

The letting of Chapel House through Airbnb: the Trustees have agreed to use the income from letting to support the ministry and upkeep of Chapel House.

9. The Annual Statement of Accounts 2021

The Statement of Accounts is set out on the following pages. An Independent Examiner’s report is set out on Page 10.

Page No. Financial Statements for the period 1 April 2020 to 31 March 2021
5 Statement of Financial Activities and funds summary
6 Balance Sheet
7 Fund Movement summary
8 Statement of Assets and Liabilities
9 Analysis of Receipts and Payments (notes A, B1 and B2)
10 Additional notes to the accounts (notes B3, C, D and E)
11 Statement of Financial Activities and funds summary 2019-20 for comparison
with 2020-21 on page 5
12 Report of Independent Examiner

10. Notes to the Accounts

The following pages set out the statement of accounts together with notes to explain them.

4

Chapel House Ministries Annual Report and Accounts 2021

Chapel House Ministries Statement of Financial Activities For the period from 01 April 2020 to 31 March 2021

Unrestricted
Designated
Restricted Endowment
funds
funds
funds
funds
£
£
£
£
Total
funds
£
Prior year
Further
total funds
details
£
Incoming resources from generated funds
Voluntary income
Activities for generating funds
Investment income
Incoming resources from charitable activities
Other incoming resources
Prior Year Adjustments
Cost of generating voluntary income
Charitable activities
Prior Year Adjustments
General fund
Airbnb
Chapel House Revaluation Reserve
Funds used for purchase of Chapel House
Funds used for the improvement of Chapel
House
George
Retreats
The Christian Coach And Mentor Network
Total funds carried forward
Represented by:
Unresrestricted
Designated
Restricted
Total funds
Investments and Assets valuations:
Gains/losses on investment assets
Gains on revaluation, fixed assets, charity's own use
Net movement in funds
Reconciliation of funds
Total funds brought forward
Resources used
Total expenditure
Net income / (expenditure) resources before
Transfers between funds:
Gross transfers between funds - in
Gross transfers between funds - out
Incoming resources
Total income
-
-
2,690
-
10,030
29,114
2,250
-
-
-
-
-
3
537
-
-
-
-
-
-
-
-
-
-
1,621
491
-
-
2,690
41,278
-
540
-
2,112
9,965
A
16,573
A
-
-
-
-

-
26,538
2,027
B2
21,890
21,890
B1
23,917
2,621
-
D
-
D
-
B3
-
C
2,621
123,213
125,833
3,448
-
19,920
29,667
65,412
1,669
-
5,716
125,833
11,654
30,572
4,940
-
409
-
-
-
8,419 13,713 8,202
-
607
2,051
0
-
47,167
409
30,334
30,334
9,436
15,764
8,202
-
33,402
2,218
14,808
-3,262
-
13,765
537
-
-
-
-
-537
-
-
-
-
-
-
-
-
-
-
537
-537
-
-
2,755
14,271
-3,262
-
13,765
3,448
116,669
5,716
-
**125,833 **
6,204
130,941
2,454
-
**139,599 **
6,204
-
-
-
-
-
-
-
-
19,920
-
-
-
32,667
-
-
-
77,412
-
-
-
941
-
-
-
-
-
-
-
-
2,454
-
6,204
-
19,920
32,667
77,412
941
-
2,454
6,204
130,941
2,454
-
**139,599 **

There may be minor discrepancies in the totals as the pence are not being shown on any of the financial statements above and on the following pages.

See Page 11 - Statement of Financial Activities and funds summary 2019-20 for comparison with 2020-21.

5

Chapel House Ministries Annual Report and Accounts 2021

Chapel House Ministries Balance Sheet (Summary)

As at
31/03/2021
As at
31/03/2020
General Funds
Chapel House Revaluation Reserve
Funds used for purchase of Chapel House see Note F, page 10
Funds used for the improvement of Chapel House
George
The Christian Coach And Mentor Network
Total net assets less long term liabilities
Represented by
Unrestricted funds:
Designated funds:
Restricted
Fund Totals of the charity
Current Liabilities
Current Liabilities
Net current assets less current liabilities
Total assets less current liabilities - net assets
Less Long Term Liabilities
Provision For Liabilities After One Year - see Note F, page 10
Fixed assets
Tangible Assets
Total Fixed Assets
Current assets
Debtors
Cash At Bank And In Hand
287,000 275,000
275,000
866
8,529
9,396
-
9,396
284,396
158,563
125,833
3,448
19,920
29,667
65,412
1,669
5,716
125,833
287,000
1,388
6,774
8,161
-
8,161
295,161
155,563
139,599
6,204
19,920
32,667
77,412
941
2,454
139,599

Note 1: It is the policy of the charity to prepare accounts on a receipts and payments basis with the exception of the recovery of tax on Gift Aided donations and the valuation of the Chapel House property.

Grahame Lucas Treasurer 28[th] January 2022

Paul Wilcox Chairman 28[th] January 2022

6

Chapel House Ministries Annual Report and Accounts 2021

Chapel House Ministries Fund movement summary Selected period: 01 April 2020 to 31 March 2021

----- Start of picture text -----
Fund Incoming Outgoing Transfers Gains Fund
balances Resources Resources and balances
Fund brought Losses carred
forward forward
£ £ £ £ £ £
Unrestricted funds:
General - General fund 3,448 11,654 9,436 537 - 6,204
Designated funds:
Air - Airbnb - 537 - -537 - -
- - -
Funds used for purchase of Chapel House 29,667 3,000 32,667
- - -
Funds used for the improvement of Chapel House 65,412 12,000 77,412
- - - -
Chapel House Revaluation Reserve 19,920 19,920
George 1,669 15,035 15,764 - - 941
Restricted Funds:
CCMN - The Christian Coach And Mentor Network 5,716 4,940 8,202 - - 2,454
Totals 125,833 47,167 33,402 0 0 139,599
----- End of picture text -----

7

Chapel House Ministries Annual Report and Accounts 2021

Chapel House Ministries

Statement of Assets and Liabilities (by code) As at: 31 March 2021

----- Start of picture text -----
General Designated Restricted Endowment Total Last year
Class and nominal code (Unrestrict
ed)
£ £ £ £ £ £
Fixed Asset - Tangible Assets
- - -
6431: Chapel House purchase 189,667 189,667 189,667
- - -
6432: Chapel House Improvements 77,412 77,412 65,412
- - -
6433: Chapel House Revaluation 19,920 19,920 19,920
Total - 287,000 - - 287,000 275,000
Current Assets - Cash At Bank And In Hand
6501: Bank current account 5,741 -1421 2,454 - 6,774 8,529
Total 5,741 -1421 2,454 - 6,774 8,529
Current Asset - Debtors
Z05: Accounts Receivable 463 925 - - 1,388 866
Total 463 925 - - 1,388 866
Liability - Provision For Liabilities After One Year
- - -
6602: Long Term Loans received 155,563 155,563 158,563
Total - 155,563 - - 155,563 158,563
Net total assets 6,204 130,941 2,454 0 139,599 125,833
Represented by:
- - -
General (Unrestricted) 6,204 6,204 3,448
- - -
Funds used for purchase of Chapel House 32,667 32,667 29,667
George - 941 - - 941 1,669
- - -
Funds used for the improvement of Chapel House 77,412 77,412 65,412
- - -
Chapel House Revaluation Reserve 19,920 19,920 19,920
Restricted - CCMN - - 2,454 - 2,454 5,716
Total funds of the charity 6,204 130,941 2,454 0 139,599 125,833
----- End of picture text -----

8

Chapel House Ministries Annual Report and Accounts 2021

Chapel House Ministries

Analysis of income and expenditure Selected period: 01 April 2020 to 31 March 2021

General Designated Restricted Endowment
£
£
£
£
Total
This year
£
Total
Last year
£
0101 - Gift Aid - Bank
0201 - Other planned giving
0501 - One-off Gift Aid gifts
0550 - Donations appeals etc
0601 - Tax recoverable on Gift Aid
08A1 - Non-recurring one-off grants
1020 - Bank and building society interest
1030 - Rent from lands or buildings
0401 - Annual Subscriptions
0402 - Training Delivery
0403 - Gifts Received
1500 - Prior year adjustments
1730 - Costs of retreats & events
1601 - Administration CCMN
1602 - Website and Email CCMN
1603 - Social Media and Marketing CCMN
1604 - IT Support CCMN
1606 - Core Team Expenses CCMN
1801 - Giving to mission partners
1850 - Home mission
1870 - Secular charities
2010 - Travel costs
2050 - Caretaking
2201 - Training and mission
2331 - Cleaning
2343 - Furniture and Equipment
2350 - Upkeep of garden
2360 - Administration
2401 - Chapel House - insurance
2402 - Chapel House maintenance
2414 - Chapel House heating and lighting
2900 - Prior year adjustments
Cost of generating funds Totals
Note B1
Charitable activities
Charitable activities Totals
Resources used Grand totals
Net change in resources (-ve = reduction
Incoming resources from generated funds
Incoming resources from generated funds Totals
Incoming resources Grand totals
Resources used
Note B2
Cost of generating funds
Note A
Incoming resources
550
2,120
-
-
170
760
-
-
1,800
6,270
-
-
6,892
18,250
650
-
619
2,145
-
-
-
-
1,600
-
3
-
-
-
-
537
-
-
-
-
1,430
-
-
-
440
-
-
-
820
-
2,670
930
8,070
25,792
2,763
1,600
3
537
1,430
440
820
5,995
245
400
7,914
2,391
-372
-
-
80
-
9,885
10,033
30,081
4,940
-
45,055 26,538
1,621
491
-
-
2,112
11,654
30,572
4,940
0
47,167 26,538
409
-
-
-
409 2,027
409
-
-
0
409 2,027
-
-
6,063
-
-
-
137
-
-
-
1,260
-
-
-
383
-
-
-
-
-
1,250
13,713
-
-
-
-
-
-
23
-
-
-
-
-
-
-
2,400
-
-
-
-
-
-
-
56
-
-
-
463
-
-
-
972
-
-
-
421
-
360
-
983
-
-
-
891
-
-
-
960
-
-
-
6,063
137
1,260
383
-
14,963
-
23
-
2,400
-
56
463
972
781
983
891
960
4,139
550
1,405
569
228
5,391
2,800
-
116
2,400
319
-
623
951
262
1,077
72
985
8,419
13,713
8,202
0
30,334 21,890
607
2,051
-
-
2,659
9,436
15,764
8,202
0
33,402 23,917
2,218
14,808
-3,262
0
13,765 2,621

9

Chapel House Ministries Annual Report and Accounts 2021

Note B3 Investments: The Charity does not hold any cash investments.

Note C Property Valuation: This was carried out on 20-09-2017 by Cameron H Clarke FRICS of Clarke & Jay Chartered Surveyors. The basis for valuation was market value based on the values of similar residential properties in the area. The property was valued at £275,000. In accordance with the Financial Reporting Standard (FRS102) the Charity will arrange for revaluations every 5 years (next one in 2022).

During the year works were carried out to significantly improve the driveway and external areas. These have been capitalised as they are anticipated to have improved the overall value of the Chapel House asset and are reflected below.

Property: Chapel House, Mosely Road,
Hallow.
Freehold
Land and
Buildings as
at 31-3-21
Freehold
Land and
Buildings as
at 31-3-19
£ £
Cost & valuation history
Purchase
price
March
2014
(including
capitalised fees and costs)
189,667 189,667
Reordering & Improvements 2016-17 62,627 62,627
Reordering and improvements 2017-18 2,786 2,786
Improvements to driveway & external areas 12,000 0
Revaluation on 20-09-2017 19,920 19,920
Net book value at the end of year 287,000 275,000
N.b. there were no impairments and no
depreciation applied

Note D Transfers between funds: the funds generated by the AirBnB project in 2020/21 (£537) were transferred to the General Fund. This project was established to provide funding for the charity by making better use of the Chapel House building.

Note E Debtors: Three claims were made to HMRC after 31-03-2021 in respect of Gift Aided income prior to 01-04-2021. The claims amount to £1,388 and have been treated as an accrual of income in the 2020-21 accounts. All three claims were received in 2020-21.

Note F Long Term Liabilities: During 2020-21 a long-term loan was repaid, thus reducing the amount of Long-Term Liabilities in the Balance Sheet. The repayment was funded from donations during 2020-21. As the original purpose of the loan was to help fund the purchase of Chapel House, the application of the Chapel House donations to the repayment is also shown as increasing the value of the “Funds used for purchase of Chapel House” in the Balance Sheet.

10

Chapel House Ministries Annual Report and Accounts 2021

Chapel House Ministries Statement of Financial Activities Comparators For the period from 01 April 2019 to 31 March 2020

Unrestricted
Restricted
Endowment
Total
Prior year
funds
£
funds
£
funds
£
funds
£
total funds
£
Incoming resources from generated funds
Voluntary income
Investment income
Activities for generating funds
Other incoming resources
Incoming resources from charitable activities
Charitable activities
Other resources used
Cost of generating funds
Cost of generating voluntary income
Fundraising trading cost of goods sold and other
costs
Investment management costs
Governance costs
General fund
Chapel House Revaluation Reserve
Funds used for purchase of Chapel House
Funds used for the improvement of Chapel House
George
The Christian Coach And Mentor Network
Total Funds
Total income
Incoming resources
Resources used
Total expenditure
Net income / (expenditure)
Transfers between funds:
Gross transfers between funds - in
Gross transfers between funds - out
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Net gains (losses) on investements
Gains (losses) on revaluation of fixed assets
Represented by:
Unrestricted funds
Designated funds
Restricted funds
-
9,965
-
9,965
-
16,573
-
-
16,573
21,941
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
16,745
9,965
-
26,538
21,941
14,998
6,892
-
21,890
17,601
-
-
-
-
-
-
-
-
-
-
2,027
-
-
2,027
1,787
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
17,025
6,892
-
23,917
19,387
-453
3,073
-
2,621
2,554
-
-
-
-
-
-
-
-
-
-
-
-
-
-
5,572
-
-
-
-
-5,572
-453
3,073
-
2,621
2,554
120,570
2,643
-
123,213
120,659
120,117
5,716
-
125,833
123,213
3,448
-
-
3,448
3,211
19,920
-
-
19,920
19,920
29,667
-
-
29,667
29,667
65,412
-
-
65,412
65,412
1,669
-
-
1,669
2,359
-
5,716
-
5,716
2,643
120,117
5,716
-
125,833
123,213

There may be minor discrepancies in the totals if the pence are not being shown

11

Chapel House Ministries Annual Report and Accounts 2021 Independent Examinerfs Report to the trustees of Chapel House Ministries Registered Charity 1156159. I report to the trustees on my examination of the accounts of Chapel House Ministries {the Trust) for the year ended 31 March 2021. Responslbilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Act,). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the Act. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by section 130 of the Act,. or 2. the accounts do not accord with those records. I have no concems 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. Timothy Marlow FCMA, CGMA 11 Ingram Avenue, Wor￿ster. 28 January 2022 12