PNEVMA CHURCH (A COMPANY UMITED BY GUARANTEE) TRVSTEES REPORT AND VNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022 CHARtfY REGISTRATION No: 1156319 COMPANY REGISTRATION No: 08824457
PNEVMA CHURCH (A COMPANY LIMThED B Y GUARANTEE) CONTENTS Pa9e 2 Reference and administrats.ve detai15 of the charity. its trustees and advisors Page5 3 to 5 Trustees. port Page 6 Independent eKaminerfs ptsrt Page 7 statement of fillanci61 attivities Page S Balance sheet Pages 9 to 19 Notes to the fina[1 ststaJents
PNEUMA CHURCH {A COMPANY LIMfTED BY GUARANTEe) TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2022 REFERENCE AND ADMINISTRATIVE INFORMATION CHARITY NAME Pneuma Church {formeV Ashford Vineyorll Church) CHARTTY NUM8ER 1156319 COMPANY REGISTRATION NUMBER 8824457 START OF FINANCIAL YEAR 1st Apth 2021 END OF FINANCIAL YEAR 31st March 2022 TRUSTEES THAT SERVED DURING THE YEAR TO 31 MARCH 2022 Mr C M knmrT4arKe Mrs R Tom5ett Jenkins) Mr I Witts Mrs J Morton Mr R Anderson (resigrd 28th June 2021) Mts E Dav&e5 Mrs P Durcan Mr R M L Eason las of 31st Oecèmber 2021} Mr J K Henderson {as of 31st December 20211 COMPANY SECRETARY m J Morton REGiSTeRED ADDRESS Unts i & 9 Ashford works Cobbswcod In¢Justrial Estate Brunswick Road Ashfc*d Kent TN23 IEH DATE OF INCORPQRATION 23rd December 2013 GOVERNING DOCUMEKr Memorandum ènd Articles of Association BANKERS Metro Bank One Southarnp Row don WCIB SHA CAF Bank Limited 25 Kings Hill Avenue Kings Hill ME19 4JQ INDEPENDENT EXAMI14ERS Independent Examiners umited Unit 2 The Broadbridge Business CenrKe Delling Lane Bosham K)18 8NF
PNEUMA CHURCH (A COMPANY UMfrED BY GUARANTEE) TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2022 The trustee5 present their report and finanoal ststements for the year ended 31 March 2022. The flnannal ststements have been prepared in arcordance viith Accounting and Reporting by charItS= Statement of ecornmended Pracw applicable to charibes prÈparing their accounts In accordance with the Finaricial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffve i January 20151 (Chanties SORP IFRS 10211, the Anancial Reporbng Stsndard applicable in the UK and Republic of Ireland (FRS 1021 and the Co¥npanies Att 2006. Objertives and Activities In sewng objectives and planning for activltTres, the Trustees have given due Conserat)n to general gUae published by the charity coMrnion tift9 ro public benefit and in particular to its supplementary publie benefit guidance. The Charity'5 objettIv (the objects) are for the public benefit and are restricted to the fdlowing: (al ro advano the ChTrstian faith in (Drate with the Ststnt of beliets in the scheduk to the artKles het0 4ttatheO, includlng but not by way of lirnitstion through the planting of other Vineyard Churches in such ways and In the Borough of Ashford, such part5 of the United Kingdorn or the wortd as rhe TrleeS from time to time may think fit,. Ibl to further Christian education in Ashford. the Uniteij Kingdom ano the Wor as the Trustee5 from time to may think f,. Icl to lIeVe sickness and finantial hardship and to promote and preserve good heaifh and wholeness by the provision of funds, goods or rvices of any klnd. Includiry through the pmvision of counsellingi training in life skills. emotional support through belortging and support in Ashford or such parts of the United Kingd(Kn or the work1 as the Trustees from time to time rllay think flt-, Id) io provide or aS5t in the provTsion of facilities In the Int$S of social welfare for recreation or other l&isure time occupation of individuals who have need of such facil by reason of their youth. age. Infirrtuty or disability. flnancial hardship or sla[ circumstance with the objecDve of Improving their condrtions of life: (e} to help bnng a fullness of life to the wplÈ of k%hford and beyond as the trustees see fit, creating an environtnènt where people do not have to believe In order to belong and where those who consider thernselves to be a part of Pneuma Church a focused on bnngiry Lhs fullness of life to others both locally and beyond. The volunteers at Pneuma Church make an enormus contritKrtk)n in Seeing us fulfil our alms. We have around 200 volunteers who contrfbute in a vanety of ways. from the fTh)d bank to The Beehive, on Sundays and in youth and mo. Uts155ing the vOlunrS has been trKky this year and whik a number have had to isolate or quarantine, there have still been many Ople who have stepped up and Volunteer many hour5. AchSe¥em•nt and Perfomiance Thrgughout lockdown and the period of Covid-19. Pwrna Church has been consistendy present to support people. Ths has been done thmugh soaal media with daily output to encourage Peop and help reLluce Isolation. Als(>, many groups moved online and continued to operate (such as Coffee Clubl and others. such as Ashford Singsi had to be fxible and Irstead Create online Spaces for many a "Sirrfjsalongl" and for quizzes etc. Sunday services began streaming without a Lk in Sundays and a fcx)d bank was strrted Imrnediate. This contlnues to gather food from various sources and link in wtth the council to bnng much needed supplies to hard-hit families, This project develop Into a Social supermarket programrne. cthe5 baby supplies were distributed throu9hout this tsme as part of our Storehouse. Pr*uma Church contlnued a meals programme supplying tneals to the local IK)SPital for frontline staff. This utilised home kitchens then local chets to provide over 4,000 meals which were delivered daily. abng with brand new microwaves an¢J a fridge for the storage and preparation of foo¢1 at the hostal.
PNEUMA CHURCH (A COMPANY LIMTh£D BY GUARANTEE) TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2022 Aside from our consistent Income that is provlded by personal donations. our fundraising team were able to seize many opportunities afforded by the various bodies who were making grants available. We employ an incorne generator wh{@ aim Is to bring in £20,0 across the year. The final figure in this finanoal year was £52,580. Financial Review The charty has achieved a deficit of £90,770 for the year. cornpared to a SL(rplus of £58,202 for 2021. The year has been unusual, due to recovery from the impatt of COVID-19. General donations were up slighdy (£243,171 compared to £234,917 in the previous yearl. Grant income svas significantly down. LKal government grants were £40,849 compared to £61,916 In thè previDU5 year. The main difference 15 that the previous year included slgnificant grants from other trusts ancl charitsble foundations, for support dunng the COVID-19 period a[ We ring-fenced for spetifit use. These grants have decreased to £16,515 frorn £LI8,436 the prevKJus year. Finally the previou5 accounts include funds received for rhe COVID- 19 Job RentIOn Scheme totalling £9,586, compare<J to £218 this year. The charity has a policy for hdding reserves (see Finan Policy. sertK)n 91- The Trustees agreed io hold re5erve5 toverin9 approXimalY one rnonth s expenditure to alh)w for a temmrary shortfall in income, or unexpected expendIre, thereby ensuring that the chanty will be able to continue to fulfil its charitsble objectives. The reseTves hekl at the end OF this year are £12,000. The Trustees will endeavour not to set aside funds un-necessarity. The tnjstees have assessed the major ri5k5 to which the charity 15 exposed are satisfEd that the are SYstn5 are in placè to ltIgate exposu to the major risks. It Shou be noted that the Church is going through a pernd of transition. [t-coV1D-19. and chan¢Jing to Pneuma Church, and is closely monitoring incoff* and expenditure_ struthrei governance and management The charity is controlled by ts goveming UMt. a deed of trust. and constitutes a lirnited cornpanyt lirnited bv guarantee, as defined by the Companies Att 2006. The trustees, who a also the direttors for the purpose of company bw. and who served durir¥J the year and up to the date of signature of the financial staternents were.. Mr C M KinNnarKe (Chair) Mrs R Tomsett {nee Jenkins) Mr I Witts Mrs l Morton Mr R Anderson (resigned 28th June 2021) Mrs E Davies Mrs P Duncan Mr R M L Ea50n las of 31st Oecernber 2021) Mr J K Henderson (as of 31st Decernber 2021) None ¢f trustees has any beneficial interest in the company. All the trStee5 are members of the company and guarantee to contrlbLrte £1 in the event of 3 winding up.
PNEUMA CHURCH {A COMPANY UMThED BY GUARANTEE) TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2022 The trustees P)rt 4yas approved by the Board of Trustees. Truse$ are seletted. supwrted and trai la CordanCe with the Pneuma Churrh Trustee Criter%? and Recruitrnent Policy. The charty during this aCCntiThJ perifyy was a member of VCVKI IViryard Chvrche5 of United Kingdom and frelandl and is strUctud as follows.. Senlor Pastors lead rhe Church. They deate to and suprKxt'. Pastors, who delegate to and 5UPPOrt= Key Leaders. who delegate to 5UPPOrt.' wer Leaders. The trustees mMitor from the outside, working with the leader5 to revise rA)IKS where necessary and checklng that these policies are understood arKI being implemented to the best of the abil of the leaders. Funds held as custodian tvustees on beh•lf of others None Trustees Reswn$lbilities The Chariknes Act and the Cornpantes Art require the Board of Trustees to prepare financial statetnents for each financial year which give a true a1 fair view of the stè¢e of affair5 of the charity as at the end of the financial year and of the surplus or deficit of the charty. In preparing those fIr131 statements the Board is required to.. select suitable accounting policies and then apply them consistently.. rnBke judgements and estimates that are 050nable and prudent.. and prepare rhe financial statements the going concern basis unless it is inappropdate to presume that thè chèrity will continue in operation state whether applicable accounknng Standards and statements of recomrnended praLtice have been followed, subject to any matenal deparn1 disck)sa1 and explained in the financlal sraternents. The trusrees a resp)nsible for maintsining adequa accounting record5 which disdose with re350nable accuracy at any time the financ[ posityon of the charity and ¥Yhich are sufficnt to shobv and explain the charity's transathons and enable them to ensure that the financol ststements cofflply wirh the Comp3n*s Att 2006 and comply with wulations tnade under the Chènties Art. They a also ponSIble for 5afe9uardiry the assets of the dwrity and hence for taking wsonable Steps for the preventK)n and detection of fraud and other irr8Jularities. The trustees are a150 responsible for the contents of the trustees. report. ar the pOnsIbIlty of the independent examlner n relatn to the trustees. port is limited to exalnining the rerx)rt and ensuring that, on the face of the report, there are no intonsi4tencs with the figures tJLsclosed in the fillancial statements. These accounts have been pre[ in accordance with the provisi$ applble to companies subSert to the small compafjie5' regime. Thls Report wa5 approved by the Trustees .. . 5iyned on their behalf by.. Mr CM KSmmance Trustee
PNEUMA CHURCH INDepENDENT EXAMINERS REPORT TO THE MEIIBERS OF PNEUMA CHURCH I report to the twsrees on my examination of the accounts of Pneuma Churth for the year ended 31st March 2022. Responslbilities and basls of report As the charity's trustees of the charitsbk ctynpany Iv41K) are also the directors of thè company for the purposes of company lawl, you are responsible for the preparation of the accounts In accotdatKe with the reqU1ments of the Companies Act 2006 l-the 2006 Act"). Having satssfied Myse that the accounts of the chartiable company are not required to be audited for this year under Part 16 of the 2006 Act ènd are eligible for independent examination. I report in respect of my examinatkjn of your charity's accounts as carried out under section 145 of the Charitses Att 2011 fthe 2011 Art-l. In carryin9 Out my examination, I have folk)wed the Directvjns given by the Charity Commi55b)n (under $t)n 145{5}{bl of the 2011 ACL The company's gross income exceeded £250.000 and l am qu6lified to uTrJertake the examinatic by belng a member of The Association of Chanty In¢ependent Etsminer5. Inqlependent exarninerfs statemert I have cornpted my exarnination. I confimi that apart from the matter discbsed bdow. no other material matters have come to my attention whlch gives me cause to bleVe that." accounting records were not kept in accordance with Sect) 386 of the Companies Act 2006.. or the accounts do not accord wth sh records: or the accounts do not ¢ompfry with relevant accountiry requireynents under 5ertion 396 of the Companies Act 2006 other than any requirement that the accounts give a'true and fair. view is not a matter Conser£ 05 part of an independent examination.. or the accounts have not been prepored in accordan with ihe Cknarit SORP IFRS102). The Examiner has drawn to the attention of the charity managewt the fart that sorne of the restnrtèd funds held Inarnely Mens Shed and Fit for Purposel relate to projects that fifttshe(l rnany years ago. The Trv5tees have been advised to attempt to contact the original donors to obtain permissN)n for the restricti to be lrfted or trarsferra to another similar project, or failing that. to contatt the Charity Commission for further guidarKe. I have no concerns ané have come across no othpr matters in connertK)n with the exarnlnatk>n to which attention shoukj be drawtTr in this report in order to enable a proper understanding of the accounts to be 3¢hed. Signed.. Narlle.. J Irvinesrnith FCIE Datè.. 8th November 2022 Independent Examiners Ltd Unit 2 The Broadbndge Bu>5 Centre Delling Lane B05ham West Suss8X POL8 8NF
PNEUMA CHURCH (A COMPANY UMTfED BY GUARANTEE) STATEMENT OF FINANCIAL AcfiviTIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 UnStrICted Restricted Funds Funds TOTAL 2022 TOTAL 2021 Income from: l)onations and legacies 222.855 77,698 300,553 424,855 Charitable activftes 3.736 33,739 37,475 3,034 Investments 13 24 Other Trading activibes 20 176 737 913 Total tncfjme 226.775 112 179 338 954 427 913 Expenditure . Charitable acttvities 33. 3b 249,666 180,058 429.724 369,712 Total Expenditure 249,666 180.058 ,712 Net incomelexpenditure before other r¢cognised gains and losses 122.8911 167.8791 (90.770) 58,202 Transfers between Funds io (2.1851 2.185 Net nkwement in fund$ 125.0761 165,6941 (90,7701 58,202 Recondllatlon of nds. Total Funds Brought Forward 60.462 130.986 191,448 133.246 Total Funds GirrÉed Fonwar 35,386 65,292 100,678 191 448 Moveynents on all reseNes and all recognised gains losses are shown atx)ve. J1 of the organi5ation'5 operations are Class as coftbnuing. The note5 on pages 9 to 19 form part of these financol statwnents.
PNEUMA CHVRCN (A COMPANY LIMITED BY GUARANTEE) Reg.cornpany M.I>BB24457 BALANCE SHEET AS AT 31 MARCH 2022 VnrestriLted Restritted Fund5 Funds 31.3.22 Total 31.3.21 Totsl Note Fixed Assets: Tangible assets 7.689 11,392 19,081 48,792 Current Aets. Debtors Cash at bank and in hand Total Current Assets 3.740 4,634 4,634 155 418 160 052 53.006 53.900 Creditors.. amounts frdlling due wf(hin one year 117.691) 117.6911 117,3961 NET CURRENT ASSETS 27.697 53,90r) 81,597 142.656 TOTAL ASSETS less current liabilities 35,386 65.292 100.678 191,448 NET ASSETS 35,386 65,292 100,678 191,448 Funds of the Charity General unrtritted Fund5 Restntted Funds 35.386 35.386 65.292 60.462 130,986 65.292 Total Funds 35.386 65.292 100,678 191,448 The company's finanaal statements have been prepared tn accordance with the prov6n5 applicable to companies sb)ett to the small compansos regime. The trustees acknowledge thelr responsibilities for ensufing that the charity keeps accountsng record5 which cotrply with section 386 of the Act and for preparir%) financial statements whith give a true and fair view of the 5¢4te of affairs of the company as ar rhe end of the financial year and of its incoming resources and application of resources. including its income ané expenditure. for rhe financial year in aicordance with tho requirernents of 5ectyons 394 and 395 and which otherwise tomply with the requirements of the Companies Aa 2006 rektiThJ to financ%al Strdtements, so far as applicable to the company. The company TS entild to the exemption from the audit requirement ojntained in section 477 of the Companies Aet 2006 for the year ended 31 March 2022. The members have not required the company to obtain an audit of ts firyancial statements for the year In qUtIOn in atcordance with sectH)n 476. However. in accordance with sectkjn 145 of the Chantses Act 2011. the accounts have been examined by an IndepÈndent Examiner whose report appears on page 6. The fifi4n¢ial 5t3temenis wtre approved and lor i59Je by the Trustees on . t1r tyehajl. by: ..aThJ sne on Mr CM KimmarKe TrusLee
pr4EUMA CHURCH (A COMPANY LIMtrED BY GUARANTEE) NOTES TO THE FIPIANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 l. Accounting policies ) Basis of preparation The principal accounting policies aoopted. judgements an¢J key sources of estimation uncertainty in the preparatw of the financial staterrEnts ère as follows-. The financial statements have been prepared in accordaKe with Accounting and Reporting by Charities.. Ststement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financk41 Reporting Standard applicable in the UK and Republic of Irdand IFRS 1021 leffettive l January 20151 IChar1ties SORP IFRS 10211, the Financial Reporbng Stsndard applicablé in the UK and Republic of Ireland (FRS 1021 and the Compan5es Att 2006. Pneuma Church meets the definltyon of a public benefrt entty under 102. Assets and IkibilitEs are Inib"ally ryognised at h6rorical cost or transactron value unless otheThiise ststed the relevaff accountsng ty)licy. The charity has tsken advantrge of the provi05 in the SORP for chariti applyiTrJ FRS 102 UrK1ate Bulletin I not to prepare a Ststement of Cash Flows. The financial statements are prepared in stersifigi whth t5 the funCtnal curTen(y of the charity. Monetary amounts in these financial statements are roUre£l to Ihe nearest £1. There may be mir)r discrepancies as Pen a not being shown. b) Changes to accounting estimates There have been no changes to accounting estimates in the pOrting period. ) Material prior period errors and chan9es to previous accounts No material prior period errors have been idenrified in this accounbng perK)d and there have been no changes to previous accounts. d) Preparation of accounts 4)n a 90ing eoncern bas1$ Preparation of the accounts 15 on a going concern basi%. The Trus5 a of the v5ew that the level of serveS will support thÈ tharity going forward. e) Income Income Is Included in the Statement of Tinartcl Artlts (SOFA) when.. the charity becomes entitle(J to the Income: kt 15 more likely than not trot rhe trustees will rec•ve the resour.. and . the monetsry value can be measured with suffioeftt relwbilrty. f) Interest reeei¥able Interesr on funds held on detwtsit included when reIpt is probable ano the amount can be measu reliably by the charity.. this is normally upon notiftcabon of the Interest paid or payable by tl Ban g) Grants and Donations Grants and donath)ns are only iftduded sn the SOFA when the gener recognition criterla are met {5.10 ¢0 5.12 FRS 102 SORP). h) Tax Redaims on Donations and Gifts Gift Aid receivable is Included In Income when there is a valid declaration from tt L#onor. Any Gift Aid amount CoVe on a donation is considered to be part of that 9ift and 15 treated as an addibon to the same fund as the initial donation unless the clonor or the terFns of the appeal have specifled otherwi*. i) Government fjrants The charity has recewed government grants in the réwbng ceri(.
P14EUMA CHURCH (A COMPANY LIMrrED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 J) Fund accounting Unrestritted fund5 are available for use at the of the trustees in furtheronce of their charttable objectives unless ts)e funds have been designated For other purwses. Restrirted fund5 are subject to specific conditions by donow5 a5 to how they twbay be used. The purwse5 and uses of the restricted funds are set out in the nores to the financial statements. Endowrnent funds ère subject tLI specific CondOn5 by donors that the capital must be maintained by the charity. k) Expenlbture Expenditure Is accounted for on an atcruaLs bags and has been dassifEd unoer heading5 that aggregate all c05t lated to the category. Where costs tsnnot be direthy attributed to parDcular headir>gs they have been allocated to acbVIti on bas consistent with the use of resources. Grants offered SubJt to conditions which have not been met at the year end date are nood as a commitsnent bul not accrued as expendttyre. l) Oflsetting There hès been no offsetting of assets and liabilitE5, or income arK1 expen5e5. Unl requi or pemitted by the FRS 102 SQRP or FRS 102. m) Operatin9 leases Rental chargts payable under operating are charged on a straight IT basis over the temis of the lease. n) Taxatlon The charity Is eyernpt from tax on its charitable activities. o) Legal ststu$ of the cha¥ity Th& charity 45 a company limited by guarantee and has Tho share capital. In the event of the charity bejng wound up. the liability In respett of the guarantee is limited to £1 per member of Ihe charity. p) Redundancy payments The charity rnade no reLlundancy payments during the pe0d. ql P¢nsions The company operates a defined conthbutron pension scheme pension charge represents the amounts paYats by the cornpany to the fund in respett of the year. r) Debtors Debtors Iincluding trade debtors aftd loon5 recetvablel afft measured on Inltial recognition at settlement amount after any trade discounts or amtsunt advanced by the tharity. Subsequently. they are measured at the cash or other consideration expected to be received. s) Creditors The charity has CrltOrS which are measured at setnt amounts less any trade discounts. t) Tangible Fixed Assets Tangible fixed assets are initklly measu at C05t and subwntIY measur& at cost or valuation. net of depreciatv)n ènd any Irllpairment losses. DeprecKation is recogni so as to write off the cost or valuation of assets less thr residual values over their useful Ilves on the following ba515'. Leasehold improvements IO% on cost until 31.3.20. From 1.4.20: 35% on c05t Plant and equipment 20% on wing batsnce Fixtures and fittings 20% on redIng balance Computers 33% on cost The gain or k)ss arising on the dlsrxisal of an a55et iq detemined as the drfference between the sale pred5 and the carrying value of the asset. and is recognised in net income/(expendlreI for the year. io
PNEIIMA CHURCH (A COMPANY UI4ITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022 2. INCOME FROM.. UntrItted Restricted FuThJs Funds TOTAL 2022 TOTAL 2021 al Donations and legacies Oonations and 95fts Grants - local govemment Grants - other trusts and foundatio Grant5 - mRc job retentyon scheme 216.855 5.500 500 26.116 35.349 16,oiS 218 242,971 40.849 16.515 218 234,917 61.916 118,436 9,S86 222 855 300 553 424 855 bl ChaThtsble activthes Sales withln chartsble activities chatae rental iome 33,456 283 33.456 4,019 442 2,592 3,n6 3,736 cl Investments Interest recelvable 13 24 13 24 ) Other Trading artivleS Fundralsing evenrs 176 737 913 176 737 913 li
PNEUMA CHURCH (A COMPANY UMrrED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022 3. EXPENDrruRE ON un$[rted Restritted Punds Funds TOTAL 2022 TOTAL 2021 Charitat>le attivitres al Dirert Costs Staff costs Stsff trainln Travel and subsisten Giving out Piano Costs Refreshments Other ministry tosts Singsl And UK Sing51 Expense$ 12021." includes fndS e1ved) Singsl tour costs {2022.' includes refund5 given) Cost of Goods Sold Youth 152.714 2,074 1,741 12.695 73.306 1.874 1.275 3.455 226.020 3,948 3.016 16.150 177,941 1,456 549 10,926 2.000 4,926 18,863 16.335 600 3.6S6 3,557 3,603 15.307 717 1.400 5,548 7,259 18,864 717 1,400 5.548 373 373 bl Govemance costs Accountancy and Bookkeeping (includes accounts $ofva} Independent Examiners Fees 453 2.112 4S3 2,112 430 2,610 sha of support Costs (note 4} 70.292 73.572 143.864 133,076 249.666 180 058 429 724 369 712 12
PNEUMA CHURCH (A COMPANY UMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022 4. ANALYSIS OF EXPENDITURE BY TYPE TOTAL TOTAL Unrestricced Restricted Funds Funds 2022 2021 Depreciatron Entertalnment Operatlng lease charyes and rent Rat& and water Insurance L¥ht ènd heat Telephone Pnnting, postage and stationery Advertising Sundries Subscriptions and licences Repairs and mainienance Bank charges Legal and professk)nal fees 1.090 874 34.541 2,B57 1.102 6.642 3.345 4.635 1,242 3.330 2,213 7.166 35.252 107 21.445 438 422 1.992 736 3.667 420 546 3.025 4,686 36,342 981 55,986 3,295 1,524 8,634 4,QBI 8.302 1.662 3,876 5.238 11,852 52,625 40,305 2,226 1.054 4.408 3,814 6.539 2.190 2.572 5.871 7,342 1111 135 1,119 838 {1} 973 1,118 1,209 2,92 Total 2022 73,572 143,864 133 076 Toral 2021 110 514 133 076 5. NET LNCOMEIIEXPENDITURE) Thls s stated after charging.. TOTAL 2022 TOTAL 2021 Independent Examiners Fees 2,112
PNEUMA CHURCH (A COMPANY LIMrrED BY GUARANTEE) NOTES TO THE FINANCIAL sfATEMENTS {tontinued) FOR THE YEAR ENDED 31 MARCH 2022 6. TANGIBLE FEXEO SET5 Fit for Pu Resrricted FvrKJ se Beehive General Restricted n$tcted Fut Fund Restric Pund Restricted Fund Leasehold ant and Improvements Equipment Flxtures and Fixtures and Computer Fithngs Eouipment Total Cost Additions Disposèls Cost at 01-Apr-21 134.439 19.182 2A16 2,8BO 3,990 13.577 2,641 172,894 6,631 31-Mar-22 134.439 179 525 Depreciation Disposals Charge Depreaatson at 01-Apr-21 100.592 13.417 I76 576 7.439 124.102 148 901 31-Mar-22 14.570 160 444 Net Book Value Net Book Value 31-Mar-22 31-Mar-21 797 590 5,393 2,304 7.689 6,138 19,081 48.792 33,847 5.765 738 Durlng the 202L financrdl year the Trustees a55essed the MaInlg wful life of lea*hdd impmvements and have concluded that 3 more apPropate rate of depreoation is 35%. Accor(lingly as from Isr April 2020, the depciatn rate on this category of fixed assets was uplifted from IO% to 35%. 7. DEBTORS AND PREPAYMENTS unrestriCd Restricted Fund Fund Total 31.3.22 Total 31.3.21 Prepayments other debtots 694 3.940 3.740 3.940 894 4,634 8. CREDITORS AND ACCRUALS.. AMOUNTS FALUNG DUE WtrHIN ONE YEAR unrestrirted Restritted Funtj Fund Total 31.3.22 Total 31.3.21 Accruals and deferred income Independent Examlners Fees Social Security c05ts 12.786 2.112 2.793 12,786 2,112 2,793 12,612 2,100 1684 14
PNEUMA CHURCH (A COMPANY UMITED BY GUARANTEE) NOTES TO THE FINANCIAL sfATEMENTS {¢ontinued) FOR THE YEAR ENDED 31 MARCH 2022 9. ANALYSIS OF STAFF COSTS. TRUSTEE REMUNERATION ANO EXPENSES AND ThE COST OF KEY MANAGEMEP4T PERSONNEL 2022 2021 Gross Wages and Salarie5 Casual Wages Social Security Costs Employerfs Peftsion Costs 213,504 2,397 7,2So 2,869 168.847 140 6.367 2,587 226 020 The average number of persor6 eJnployed by cumpany during the year was as folkJws: 2022 15 2021 13 Artiviti in fvrtherance of or9anisatitin's objettives Administration No employees received ernoltsments tn eXsS of £60.000 (2021: Nil) The key management personnel of the chanty comprise the Trustees and SenK)r Management Team. The total employee benefits Iintluding employer natK)nai Insuran and employer pe0Th contributK>nsl of the key management personnel of the charity were £85.848 12021.. £82.2541 The charlty offers a defined conthbutsots pension scheme. The assets the scheme are held separately from those of the charity, in an independently administÈod fund. The pensi c05t charge represents contnbutions pay0b by the CrIty to the fund amounted to £2,869 12021.. £2.620). In this financial pertod the charity ha5 paSd trustees remuTreratttrn aThJ tenefits lincludlng EM0yer NI and Employer Pension contributyonsl for their roles as Church Pastor and Site Manager as follow5.' Remut)eratK)D Emo&)ytr Nl athj Pw&on 2022 Totsi 2021 Total C Kimmance (Chwth Pa5tDrl R Tomsett (site Nanagerl Governing dcKument Governing document 45.387 8,413 53.800 6.217 51,604 51,365 60.017 No trustees Y4ere remunerated for their role as a trustee. Two trustees e1ved rmbr5Ment for purchases mode on behalf of the charity totalling El.972 12021-. £1,OLO)- In the period the tharity has paid trusiee5 experses as folbws: 2022 2021 Number of trustees who were paid expenses 2022 Totsi 2021 Total Travel, mileage and subsistence Total amount paid 540 540 15
P14EUMA CHURCH (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINAIICIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022 10. RELATED PARTY TR4NSAcnoNs In the penod thè charity has paid remuneratN)n to ated parties to trustees. for their roles as Churrh Pastor and Beehive Projett Administrat(* as folbws-. 2022 Torbl 2021 Total d peng N Kimmance Ichurch Pastor) L Anderson IAdmillistrttorl C Kimmance (Trusreel R Anderson (frusree until 28th June 20211 22.996 379 2,456 25,452 379 25,336 1,477 2,456 Note.. only the salary for L Anderson for ihe per up to the r@S3tKjn of R ArQerson as è Trustee on 28th June 2021 is skv)wn above for 2022. 11. STATEMENT OF FUNDS Statement of Funds Current Year Expenditure Transfers Bakn 01-Apr-21 Incorne 8alance 31-Mar-22 General Untricted Funds 226 775 249 666 Nens Shed compS1on Ashford Singsl Beehive Fit for Purpose 982 25.849 26,305 6.158 5,998 6S,292 40.312 23.007 26.336 40.349 130.986 37.371 7,877 66.931 (51,8341 14,5791 189,2941 34,351 180 Oi8 2,185 112.179 TOTAL FUNDS 338 954 429.724 100 678 Statement of Funds Prior Year Expenditure Balan 01-Apr-20 Income Transfers 6alance 31-Mar-21 Gener81 Unrestncted FuTrJs 288,121 235 392 Mens She Compasslon Ashford Singsl Beehive Fit for Purpose 1,324 300 23.570 11.633 101 300 138 127 {342) 982 40,312 23,007 26,336 40,349 130,986 79,148 13 60,631 {39.136> 1576> 14S,9281 48.679 134,319 12,272 L2,614 139 792 TOTAL FUNDS 133 246 427 913 369,711 191,448 16
PNEUMA CHURCH (A COMPANY LIMrrED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 IIARCH 2022 Mens Shed The Men's Shed Fund Is Lsed to provide opportunities for men to participate in practical group activities such as engineering projetts. woodworking or gardeningt where they can share and learn new skills by working 'shoulder to shoulder, to support one another. The Men's Shed project was cbsed In the surnmer of 2020. With the agreetnerit of the Men's Sheds organisabon, the physical Items bought with grant were donated to other, I¥1 groups v4ho were providing è similar facility. The Trustets Int w seek to realkxate any remaining cash fun(Js to a current project with sitnilar aims. Cornpassion is the arm of the thrth that Wps to support and empower the local comrnunity tLI lea¢ more fUilled lives. ernbcx1ies a number of projects. The rnain project Is -Renew-, which has received generous funding from Ashforyl P4)rough Counol. Again. the WHH Mea15 Was a tirne kmited projert duriThJ Covid Lockdown. whith has now ended,. as was the Covid-19 Relief Fund. Ashford Sin9sI is a community chtyr sponsored and operated by Fkneuma Church. It offers weekly rehearsals. arranges quLzze5 and conterts In ai¢J of Iixal causes. and an annual tour to Europe. The Beehive is a secondhand clothing bwbque thèt offers a personal shopping seTvice to ladies who come In for clotJ)Ing. Some ladie5 are referred to The 8eèhive by Social Ser¢iS or GPS etc and will then be given ciotthes for [. Tho Beehive also rurs life-sknlk groups frotn its property In Ashford. This fund vas for P[[ Church's projert to acqui its own pmiSeS, known as The Warehouse. This inclL¥les donatN)ns retyv&. expenses irKurred as part of thè pro]t, as well as capital exrendifure on the w3rehouse. The fund was dosed and declared finisheij in December 2018. and the balance held at 3Lst March 2022 represents the ner btsok value of fixed assets (for the warehou5el that were purchased with fhose funds. Compasslc Ashford Sings! Beehive F for Purpose S si951 Wk Mam thurr* V5 31-Mar-22 TOTAL Creditors Fixed Sets Mens Shed Compassion Ashford Sin951 Beehive Flt for Purpose 25.849 5.868 25,849 26,305 6,158 19,743 765 5.393 765 32.699 Ll,391 65,292 AS SiTr951 Beebr4e Main chr¢h 31-Mèr-21 TOTAL bank bknkls Debtors CdItorS Fixed Assets Mens Shed Compa55ion Ashford Singsl Beehive Fif for Putpose 982 40.312 15.912 2,533 982 40,312 23.007 26,336 6,401 21.499 2,304 40,349 42.653 6,401 2L.499 59.739 694 130,986 17
PNEUMA CHURCH (A COMPANY LIMtrED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022 12. SUMMARY OF FUNDS Stsmmary of funds cUt ear Balan Income ExpendIture Transfers Balance 31-Mar-22 01-Apr-21 General funds Restricted funds 60.462 130 986 191 448 226,775 112,179 338 954 1249,666) 180 058 1429 724 12.1851 35.386 65,292 100 678 Prior Year Expenditure Transfers Balan 01-Apr-20 Incom Balènce 31-Mar-21 General fiJnds Restricted fuThls (4,8811 138 127 133 246 288.121 (235.3921 139.792 134 319 427,913 369 711 12,614 60,462 130 986 13. ANALYSIS OF NET ASSETS BEfwEEN FIJNDS Currert Unrestricted RtrIcted Fund Fund Total 2022 Tangible assets Current assets Creditors due within one year 7.689 45,386 117,6911 11.392 53,900 19,081 99,288 117,6911 Prfor Un$tritte Restrirted Fur Fund ear Total 2021 Tangityle assets Current assets Creditors due within one year 5.799 72,059 (17.3961 42,993 87,993 48,792 L60,052 117.3961 130.986 191448 18
PNEUMA CHURCH (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022 14. OTHER DISCLOSURES The charity does not have any comrnitments rnt provided for in the attounts. The charity ho5 not given any guarantees. The charity has not received any loans secureil on any of its assets. At the year eftd the charity not have any conijngent liakn"lities. IS. RtSK ASSESSMENr The trustees a awa of the need to pn)perly manage and mitigate the risks faced by the company. Details of how the charity has achieved this are provided in the Tmstees, RerKJrt. The trustees confirm thai they have paid due regard to the Charity Commission guidance offt risk assessment when adopting and impknjenting policies for the chanty 16. PUBLfc BENEFIT The charity acknowledges its rÈqvirements to dernonstrate clearty that it must have charitse purposes or "aims" that are for the public benefii. Details of fK)w the charity has achieved this a provided In the TrLJStees' Report. The trustees confirm that they have paid due regard to the Charity Commission guidan on puNic benefil beft>re decidiw what acivityes the charlty shDuld undertake. 17. DECLARATIONS Sufficient resources are held rn approprFate form to enable each fund to be applied in accordance with any re5tricfions irnposed. The trustees have not changed the year etxl datè nor length of the chariVs finala1 year. The charity did not rnake any material ex-gratia paymernts durirvJ the year. The truste conflrn that there 15 relevant inforynation of whh the I[xjendent Examiner 6 unawa. 19