Ashford Christian Fellowship operating as Bright City Church Report and Accounts Year ended 31 December 2020 Stewardship Actfvegèner0ty 1 LetrtJ'$ Pas8ao8, Lonaon EC1Y 8AB VAW.$t0VArd8hip.uuk
A•hford Chrf•llan Fellowshlp Operallng as BTlght Clty chUh COMPANY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2020 Trustees Rlthard Hlll Angela Epvis Wade lan Fowes Anlhony Trilsfjach Key Staff lan Fowkes RaIts Fowkes Gov•mlng Documont Artldes ofAsso(xalth dalwj 1 May 2014 Company Rogl•tratlon Number 21910 Charty Règi8tratlon Nthr 1157611 Prfnclpal Addre Centrepi8c8 Ba Strggt Ashford, Kant TN23 1BA Indep¢ndont Examlnor Stephen Mathews FCA Slff•Yardship l Lamb's Passage London EC1Y 8AB Swtsnder pk. eridle Road Bcolle M8r8eyslde L30 4G8 Contents Conyany Infornaii)n TTUStees' Annual Report Indepgndent EXanerS Repjrt Slatement of FinarKial Activitie5 Balance Shè8t Noies to the Acco Detalle¢J Slat8mèffl of nandal Adlvlles Ccmparaii¥s Page 24 10-18 19 P4e1
ASHFORD CHRISTIAN FELLOWSHIP. operatlng as Brlght Clty Church TRUSTEE AND DIRECTORS REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 Thetrustees present their report and accounts forthe yearended 31 December 2020. The accounts and finanaal statements comply with the Charities Act 2011. the Companies Act 2006, the Memorandum and Articles of Assotiation. and "Accounting and Reporting by Charities,. Statement of Recommended Prartice applicable to charities preparing their accounts in accordance with the Flnanclal Reporting Standard appllcable In the UK and Republlc of Ireland (FRS 102)" (as amended for accountlng perlods commencingfrom I January 2016) About us You are the light of the world, A city on (T hill cannot be hidden. Matthew 5."14. We are a family of people from all ¢)verthe world and from every walk of lrfe who love Jesus. Togetherwe are livin8to shine the light of his love and 8ood news in our community and across the nations. We worship tosether on Sunday5 and rneet in smaller groups durin8 the week where we encourage one anDtherto love God and to share His love wlth others. We believe that our message of love and hope should be demonstrated wlth practlcal help for those in need and we are attive In our cornmunity with a number of grcwln8 Social attion projert5. Qbjertives and artSvltks The Church's objerts are: - to advance the Christlan faith In accordance with the Statement of Beliets. - to provide or asslst in the provision of facilities in the interest of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of thelr youth, age, infimiity or disability, financial hardship or soaal circumstances with the object of Improvlng thelr condltlons of Ilfe. Publlc benefit The tru5tee5 have pald due regard to guldance tssued bythe Chafhy Commlsslon In declding what attiyities the church should undertake. In the oplnlon of the trustees, the attlvities described below demonstratethe thurch's commitment to providingpublic benefft to the community it serves. Athievements Jnd performance Priorto the Covid-19 pandemic of 2020, the church had been meetin8 in the thurch building each Sunday for worship. bibleteaching and preachin8 and also on other daysto support speclal events and conferences. P402
The churth had contlnued to bulld and strengthen Its social interae(lon wlth the wlder communlty through a number of key initiatives, Including,, VInnS Dlner- a weekty opportuniryAor those In need ro meet, eot and be encouroged and supported. Wlnter Nlqht Shelter- os port of the town wlde commltment ond working closely with Churches Together In Ashford ond the locol Council the church provlaes shelter ondfood to the homeless ahd rough sleepers In need durlng the wlnter months. Food Boftk- the church operates afood-bankfrom our town centre premises. Worklng wlth Foreshore ond locolsupemjorkets in the re-distribution of otherwise surplusfood to those sufferlng hardshlp and need. Rentols- the hlring of space wlthln the bulldlng to other communlty groups. The Beacon Centre- o new project in partnership with Ashford Together ondA5hford Borough Council which is based in our premises rit 28 Bank Street in the heort of the town centre, provldlng proctical help ond Jdvice to the homeless ond others in need. The Covld-19 pandemic naturally Impacted our planned attivity for 2020. On 23rd March and in keeping with government re8ulatlons and guldance the bulldlng was closed to all non-e55ential a1VItIeS with staff working from home, fentals suspended and servlces and meetings being switthed to on online format. Durin8this timethe trustees and elder5 moved promptty to protett and maintain cash flow, redu costs and provide alternative ways for the congregation to continue supporting the ministry throuth online engagement and givin8. Whilst donatit)n income has reduced YOY due to the lack of physical meetings, general expenditure has been carefully managed and additional funding sought for specific projects, Such as operation of the Food Bank. Throughout 2020 the Food Bank saw a significarrt increase in actmty to support the vulnerable In our communlty. On average, 153 fvmilies a week have been provided with fDod duringthe 9rnth period from April to December2020. The trustees would like to thank the excellent support provlded by many volunteers, local supem)arkets and catering businesse& Also, we would like to acknowledge the financlal 8rants made durlng the year from.. Ashford Borough Council Te5co (Bogs oAHelpJ Ashford Holidoy Kitchen Kent Community Foundat Fmnk Brake Community Fund Work contlnued on the Beacon Centre becoming operational from Autumn 2020. Agreement was subsequently reached with the trustees of Ashford Together to utilise the centre as its re8iStered office and to provide an operational base for a number of joint initiattves wlth Brlght City Church and Ashford Borough Council. This partnership has also helped to provlde some addltlonal income in 2021 to cover the overheads of the facility and we also acknowledge the financlal support provlded inltlally for the refurblshment by: A5hford Together P483
Ashford Bomugh Council Godinton Charitable Trust The closure of the maln bulldlng for all but essential purposes irnpatted dirertly on the Rentals activity that had previously provided sorne supplementsl income. In light of the ongoing uncertainty as to when, if and how thls artivity might be able to resume and after careful conslderatlon, the trustee and elders deaded to curtall all external bookings. Sadly, thls resulted in the redundancy of a dedlthited administrative position. The reduced attivity within the buildin8 has however allowed for a number of refurbishment projects to be undertaken. Our online broadcasting of Sunday services through Social media was established wtth a dedicated Studio facility developed within the building. In addition to Sunday services number of other regular broadcast channels were launched, for example,. Stretch Un- subscrlbe and Word Up, this has resulted in much wider interest and aurfience engagement with new people both locally and from other parts of the world now connerting on a re8ular basis. Moving Into 2021 have continued to rnonitor the physical restrirtions of meeting together that the vlrus has imposed on the congregation. Following two limited participant events In June 2021 In a covld secure maftner we have now re-opened for Sunday services whilst malntainlng a Ilve broadcast channel. Flnanclal revlew There wa5 a surplus in the year on unrestrfttedfunds of £1,35112019: £23,556 deficitl leaving a balance rarried forward at 31 December 2020 after transfers of £355,077. Unrestricted cash at bank amounted to £53,32112019: £46,078). GOI Conwn The trustees have considered the financial resources and commitments of the charity and acknowledge that these are dependent on donations and fundraising activities of the church. After rnakin8 appropriate enquiries, trustees have a reasonable expectbtion that the charity has adequate resources to continue its operntion for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the charitvs flnanclal statements. Reserve5 pollry The charity 15 in recelpt of regular donated gifts prlmarily from church mernbers, this helps to support the day-to-day Vrk of the churth and in addition a reserve of £25,(MY) is maintained in readily available funds. The trustees have assessed the major rlsks to which the charity is exposed, and are satisfied that this amount is suffiaent to meet its ongoing commitments at thi5 time. Strurture, Bovemance and manaBement Page 4
Ashford Christian Fellowship IACFI, ts a tharitable company limited by 8uarantee govemed by its Memorandum and Artldes of Assodatlon dated l May 2014. It was reglstered as a charity with the Charlty Commisslon on 26 June 2014. The charity is the adminlstratlve vehlcle for the attivltles of ACF now operating as Brighi City Churth. The management and administration of the tharlty Is the fesponsibility olthe trustees who are also the director5 for the purpose of company law. Newtrustees are identified a5 those with sufficient spiritual rnaturity and busines5 experience who are elected and co-optel by the chair and serving trustees subjert to the prior approval of the elders. Suitable training and induction is applied as nessary. The elders are responsible for the spiritual leadership of the church. Ststement of trustee responsibilities The trustees, vkno are also the dlrectors of Ashford Chrlstlan Fellowshlp for the purpose of company law, are responsible for preparing the trustees annual report and financlal statements in accordance with appllcable law and Unlted Klngdom Accountlng Standards (United Kingdom Generally Accepted Accounting Prattice}. Company law require5 the choritytrusleesto prepafe financial Statements ftlr eath year, which give a true and fair view of the state of affair5 of the charitsble company and the group and of the incoming resources and applicotion of resources, induding the income and expenditure, of the tharitable company for that period, In preparing the financial Statements, the trustees are required to- select suitable accounting policies and apply them consistently,. observe the method5 and principles in the charitie5 SORP,. make judgements and estlmates that are reasonable and prudent; state whether applicable UK actountlng standards have been follt)wed, sublert to any material departures disclosed and explained in the flnanclal statements,, prepare the finantial statements on the golng concern basls unless It Is Inapproprlate to presume that the charfty wlll continue business. The trustees are re5ponslble for keeplng proper accountlng records that dlsclose wfth rea50nable accuracy at any tlme the financial position of the charity and to enable them to ensure that the financial stotements comply with the Companies Att 2006. They are also responsible for safeguardin8 the assets of the tharty and hence taking reasonable Steps for the prevention and dirertion of fraud and other irre8ulaflties. The trustees are responsible for the maintenance and integrity of the corporate and financial information included cfi the charitable company'5 website. Le8i51ation in the Unlted Kingdom governingthe preparation and dissemination of financial staternents may differ from legislation In other jurisdittions. P¥vS
This report was approved by the Board of Trustees on behalf by.. 2021 and Signed on their MrR HIII Chairman
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Ashf4)rd Chrf•llan Fellow•hlp {Ihe Company'l I report to ts charlty Iruslees on my examlnallon OY the counts of the Company for the w eThJed 31 Dèeambèr 220 on p8983 8 10 19 followN)g, whtch h8ve been prepared on tha basis cl the CoUntr.n9 pc4ici8s set out on pages 10 to 11. Responslbllttles and basls of report As th9 charity'5 tru$tees of the ccPanY land al80 ils droclor$ tr Iho purpo$g8 of company18w) you are responsible for the pr8paralion of Its unt$ In accordanrA wkth the requlremgnls of th9 Companies Act 21X)61'lhg 2OC6 Aci.) Havlng satisfieA1 myself that the accounts of Ihe coMY are not wuired lo bo auditod under Part 16 of Ihe 20ffi Act and are eligible for inrlepondènl 8x8minalion, I r8POrt in rèspct of my •xaninalion of your charitys ac¢ounts a$ Caled under section 145 of Ihe Charities Act 2011 I'lhe 2011 Act'l. In carying out my examination I havg followed th8 Directirxjs gi by th& Ch¥ity CMiSsion der Sectio 145(5) Ib) of th8 2011 A¢ Indepts)dent examlnèff # Atitem• hav6 completed my examination. I confimi Itt no maltws have me to my attenti in connection with ex8minal)n gimng me cause to b8li8Vè.' aUnting records were not kept in resped of the Company as fft4Uited by Sgclion 388 of th8 2006 Act". or 2. the accounts do not accord wmh those rKords: or 3. Ihe awunls not comply wrth the 8c¢ounting rèquireménts of 8ÈCtbn 39e ol the 20C6 Act othèr Ih8n y requlremenl th81 th8 8e£ounts gi a Ynje and fair which is ml a matter consid8red a8 part of 8n indèpÈrKlsJnt examination,. or 4. the acccunts have not be ppred aGcoYdanGe with the melhod5 arK1 principle5 of the Stat8ment of RecommervJ8d llce for accountlrwj rgpo1ing by cmafilles lapplicable lo challies prepadng Ihelr a¢¢aunts in aecordanee Yilh FlnancSd Roporting Sl&ndard applicable in the UK aThJ Republic of Ireland IFRS 10211 I have no CernS and have me Èrmss no 0lh8r matt8r8 In CLnectiOn with the 8xaminats.on to 8ttèntk)n should be ttrawn kn thls rewrl in ordèr lo orble a proper understanding of the acwjnls lo bg reachod. sieph8n M81h&vs FCA 7 September 21T21 stTardShIP 1 Lamb's Passage London EC1Y 8A8 PaJ• 7
Aslrford ChrlAt14n F•llowshlp Qp•fHting a• 8rfqht Clty chUh STATEMENT OF FINANCIAL AGmwmes INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020 Total Fund$ 2020 Total Funds 2019 Vnrestrfclfjd Funds RtrA8 Fund5 Not• INCOME ENDOWMENTS FROM.. Donations and kgao05 ChAritablè adiwties OtM6r trading ad"thti•s Invebr•nls 137,885 4.788 39.144 197,030 4,788 7,543 106 177,149 3,514 26,8&3 231 Tol•l in¢om¥ and ondowmwnts 170.322 39.144 209.468 207,7 EXPENDITURE ON: ctable aetimts 166.162 38,326 204.489 237.OB4 Totsl •xp•nditur 166 162 38.326 204 489 237 084 Not In¢0m(•xplfidl1Ur•) 4,160 818 4,978 129,2941 TTrnsf•r5 b•¢wo•n funds 16 12.809} 2,B09 N•t mov4m•nt In funds 1,351 3,e27 4,978 129,2941 ReMnGlliation of fvnds.- Total fijnds br(xJghl foAvthrd 353,728 8,371 360,097 389,391 Total funds carrled foraYd 16 355.077 9,998 365.074 The >lAtement of finanoal aGlivrfi0s indyd93 41 gains ond1osies r8o)kmi8ed in the year. AM Income and •xp8ndrture d•rN8 from ts)nlinuing operalKJng. The stat¢m¢nt of finaal actiTrthies also ¢ompl*s with the Nuirents ftjr an in¢4me and expendiluR aUnt r¢quSred by the Companies Act 2006. The Trxos on page 113 fom) part of th8se ar£nts. Page 8
AsMc¥d ehrfstlan FqllDw5hlp Opw•ODg as Biluhl ¢lty ChiJr¢h BPLAMCE SHEET AS AT 31 OECEMBER 2020 TLtsI Funds 2(0 Total Un¢t•4 R•strf(l•d Fun F4nd6 2019 RX£D ET$ r4rgbkry 4e5 173 493 fy2 485 ln 485 173 CUIIREMT A88ET8 D•btorg Cash at bank And In hand 10 2,OS7 1.8e9 52 449 03 318 55,377 9,938 85,375 54,338 ¢[ToR8.. Thour&sfalKnq thje wlthln on• year 12 110.3271 110,32n N•¢wirnnl u•¢tlUlllbllSle•) 55 048 42 6S5 53D.223 9,908 &40,221 539,427 GRETORS.. AmnI• fallr4 du• afAr rnor•th•n onth1 13 1175,1461 1175,1461 1179.3301 TOTAL MET A£7$ unrethcted FundB General fvnds 355 D77 355.077 355 a77 355.077 353 728 353.728 ReJttvABd Pu Thè ehértitd• mnY io 8nUed to exerntyon Irom •u¢Jrt uTrdr 8¢¢tion 477 ofthe ComwriBu k 20tfj ft)i the yeai end¢d 31 De¢ber2O2o. Th• mOMtM hayè not r•wir•tJ th• ¢ompeDy to obtain en 8udfff of ffinanctal etatements foftht yttr endtrd 31 Dteembei 2019 In 81x0rd ith Séeion 476 01 thi ¢oMWrrf knt 20L howvei, in a¢Coidan with S•thon 14S of the th•nt•8 12011. tho attounts tt8v• xamittiY by an indyndwnl and th•ir pOrt has be•n i¥dud6d In Th• th'r•obt• Iwho ar8 thè ¢IMr6 Compan rru#••È f¢r1Tho NweB Of lawl acknulodge reBpon•ibffits"e8 lal 6SL¥ln9 Ehqt th4 chadtatl• company k8¢F UrIng r#orfA tompty th $•¢lorrf• 380 lhd 387 of th• Y)Ph $nd (bl wepanw fina[al stat•rnonts YihKh gr¥e a true and fair 11 of tho stèts of •ff8lr• ol ¢harttat4e comwty as at end of each yeai Bnd cl net incom• or eXp•rule for Tr)da1 year In tNdant• the r•quitFwgnts ahd 395 Ind ¥¥hith othgth180 corn wfth tho re918$ of tho coMw$ Aci 20C rèlatin9 tofknanL?418tatorn•nr8, Èofar aè apOic¥)1o to the Charts¢ oomFeny. nanCIal Etrnents h•Y• b••n pr•pArd In attord8nc6 wllh the WJ¥10 L¥ Part 15 of th• C•mk4n106 A¢t 20( rolatiwto Émall componi•s na Mtrre bythe8oard dDir¥tsr8 C7 •NdvrtrÈ on rta ty". RHH Company numi•i'. 9021910 ehaty nUMr. 1157011 Tho W1810rn1 prtt¢th*o ac¢ourt& P44U
A•h•)Yd Chrfltlin Fdbw•hlp Oper•tkny % Brfghtclty chUh r40TE4 TO THE ACCQUNT8 FOR The YEAR ENDED 31 OECEMBER2020 stsIOry1n¢0mwkn The ¢h8rty a thentst46 ¢c4DpaTry limtsd by au8r8rrt•O and NIp9r0t•d in th• Unit•d Kkngdorn, The ¢omp•nl& rngibtoréd numberané wgistérèd office addr1 Mn b¢ frurd gn the Company Infoimation p4ge. The¥¢ fin•n¢iol •kntwnents are prepeFe¢S on o aTra cDnc•in b•sli, jort hLqloncal wst conwnlh?n. These Thngnclal Ètstom8nt5 hèvè baon prepartd In 4¢c(Kd¥nv4 Ylrth th• "tststsm9nt ot Rtomffl•nd•d P£1¢&. Attountsn9 and Reportlng by charl1 pwparlng Ihèir In a¢¢ordanc• wtth th• FIn•n•1 RoppnI sthndard gPPMcabi• In Ih• UK •nd R¢publi¢ of IFRS 1021 Chaiiciés SORP'I. with the FinanrA&I Reporting stsnthfd applic•b in tho Unitsd Kittgdom and Ropublic ol lteland I"FRS 10T1. v4ith the Conyanta5 Act 20 And th4 ChArib•s 2011 Th• thaty m••ts th• dthrtion of b1 b9n•fit 4ntty at skt tsut in FR$ 1ff2. The pAncIp8 odDptsd In the yepJTafjon otlhe fiftan¢MI ulrym8nt• aro set ¢Xrtbe1%. G&n The tNst¢trS lhg aig t ¢nofil• coryanys directDr¥ lor the purposes of companylowl hAve ¥B5¥e4 whether the us¢ •1 tho gping trn il appiopriote and havo ¢on#ldtred posalb èvtnts or condltions that mlght t $lgnm¢onl doubt on the aty ofthp Ehatitylv continuo as a gDin9 concetn. The trust••s rnid•thl$ 45sWSn)gntfpr 4 pg¥vJd of •t kn9st gn• fromthe dale of approvll ol th• fininthl Atstèm$nh kn parficu&r th8 Iruste$ hav• consk18r8d thè eharws for•cad8 and proprtb)n$ lh• pty¥e Implitations should kYOJgCtèd ineomè 8nd l oi XP•n+JRuw vary untyxpe¢t¢dty Thp tr¥WOJS havè ¢¢n¢ludod that Ihèré re8s0nable expéctÈtton thal Ih? tharrty ha5 ad•(wa8 r8sourc8s lo continuo lo opèratè for th• for•s8Èablè fuiure Th• charity thor4for• Eontinu•s to sooptthg Golng conc8m bas kn proparfng ffnaneial 8tatsrMrts. In¢ome illduding $trt inrame is reGogni3od in the penod Kl wfiich the charty beGorne5 entilled to rec•F¢ the ernt can bts Ra[ed reasunobl• e•rtain and f•C•t is probabK9. For Ihg mosl p•r( incom• is g•nerfilly recogniswj •ft r•e•iv•d. IntotN 1$ ¢Jefeffed blhhon tho oharfty has to ttslll eondbn6 before bèoomlng enbl8¢J kn rt orwhwolh• donf h85 Speofwd that the InMe Is to be expéndod luture N¢d. Inm6 ffomdonalk)n$ and lrtlud•s". 11 Ro¢tr4¢ra>i8 oin ala. Th1$ 1$ re¢o¢ni$e(I when the rElated donotion receprfed. Gfft eid thal hB5 not been ieMvoreO bytt balanc8 sheèt d8ts 18 Includ•d a debtor. 111 Dont•d lthlilwÈ, &•NltgÈ and good$ Good$ donatsd for d8trltyuI to bonefKkrfo8 gr• TgCO9ni$8d ¥6 kn¢om• rJ¢$ivabf& at f8ir It•ing sn e81fftl• of th• amounl il e4stto pttrthaso thosè iloml. Faci1rt5, 88NK¢s aThJ gotyjs donated tsrttté tharth own usè are eOLIed a5 inryA7me en receablE attheir valu8 tD the charfy. Th• ¢harty rll•s on ¥dunt•Tr to carry Out many of ks acUviUe$. Howekr, in éecordanc8 the 80RP. tha ¥4Je oltho%• et ha$ not bèan inddd•d In Ihé2é finwn¢knl $fat¢6 o¥ thoy c4nnot U• rdk?bly mp#wr¢d. wn•n ¢1¢4 ty)(MJ$. $OIV•$ fac110% d15tnbutod or oonsumed. an ewense In ¥e5P8Ct ol those ksm$ is 1n0lud the Ststem¢nt of Flykry1 A4tythp¥. At ttte yvor end jny yQDdts that ho not betrn dIributId QT ¢on•umed •re recognised 88 iii) LèyaL¥?3. Incorn? from i& GDgnIsed when B dNlributian 15 rKeiv2d Irom thg e5tBte or, rfearfi?r. when th? ch has btsen notifièd thai a distributpon wll b• rn•d thg amun116cthvaNo can bo mèa6ur•d rgliqbty. Ineomo from thérrtaNè actiYEtiès reprnsents r¢wThiobk Irom good¥. Serv¢5 and ?upplied ID fvrth•r•no of the chaiity5 charitabl• oact$. tt Includ incomo Imrn ¢hur¢h rol•ts ¥n(t oth•r gvgnls •nd Cours Investrrthi Incomo r£pr856nts IncoTh g8fi8rated by the c¥lVs 898at& and Indud68 Irthm8 from 1ot1Ag chadtys property and k Inter••t Ey£ndttute. including itrecoverable VAT, $ tpcognS•d 11 ts ITrcuff8d or. W 8artl•r. a19al OT LY)DslruLtiYe oblwjatL for paym¢nt arf$¢• pd•d that rt wo>ab that 5Vtl8m8nt *lll be roqulrod and th• amount of Iho obllllatkjn Cqn be mgasurod rgl•bly. P&)e 10
A•hford F•lknw•hlp Qp•rino •• BtlMhlCliy Churah tIOYES TO THE ACCOUNTS FOR THE YeAR eNOED J1 DECEMBER ZOZO Th• ehatrty m•kè¥ grtr to •th¢r Ki?tl1ni and Indiwithol$ to furthr rts ¢haiitoble objoctivw. <>•rJts pttyoe are re¢ogryeed #• constructive obligations ari4e. vthich PJ 9ebernlly chatity eXpr•e1 a C0rrTrmitrrt Èo Ihts roPt thmt be nÈured r•tsably arid th9n Ltyt0 th• •%t4ntthat afiy¢ondthn6 aDelatedth the grant lde oflh8eontrol ofthe ch8rty. The tt5tal raisin9 fvnds is nol gb3nknntand h41 ncrt Parat0 di8dts$6d. etssts. @re InchJd8d th 8xpeUr• on etrAthbl• but aré bYontlfi•d tsèparnt•ty In tho to th8 accounts, indL#los costs 988OU•ted wmh lh8 Independent examinabm of the finaTrrial 5tthmEnts. Mm1¢t lth $0 and st•tutory regulremonts and any othèr exp?ndibJrv incurrEd on th2 mn¥uetnent of the Crty. General funds are unre9tri(ed funds whi¢h are avai19 fr)r u50 at th dIre1J ol tho 1rustBBs in furth8¥anco of th4 98n8r Dbj•cr44s of th• thty. D•$lgnat•d fvndB MPrts unra8lrictsd funds that hAv• b•n ad& by thè trustèè$ frjr pafucukr purposès. Réslrfew fuma$ 4r¥ dDnpon$ which are lo b¢ vvd ia 8¢LYJrdaneè %ith ¥•eifi¢ r•strtrJion# Impoed by donorn they include dvnJbon5 rocwved from apye16 ep•eiftc telivrttas or yojeets Items purchased or donated fortha chartys fWI US• •m rapitalisod Ythen the Et>8t ¢Jf purth&sBd itBrns, Drthg fvir va¥ ¢1 donthJ tterns, is morfiy IhAn £1,000 ofid t rt•m 1$ peCted to b6nefflt Ihe ehérlty ovar morè accounlw p•rfod. Depr8cl8Oon ehaw•d on a straight line ba8Ls $0 86 to writè down thè o10o¢h O$$Ot to rfB ¢stymaled reuual volue lif any) over Its oxp¢tttèd s•ful ety)nomK life To fKhieve thisobJ8dNè th• foxowiw rate8 of depreeialiDn ZTe charged." Fr$¢1d$1nd Fre•hold buSldins? Owr 50 yearn oftert•king •¢6tyJnt ollhty bu¢kirFrfs r¥Sidl value L•ashold ImprDvements (knrtha leasé tertn or, rf5horter, e¥p8ctgd useful life E4uipmgnt t•r 3to 7 y•ors Th• Carn9 Va•3 of tangible fL¥ed assets ire ré¥Ath¥ed for Impalmnt In p8rky¢b ébrt& or circumstan3 indKata that the tArryi19 v•lu• ny rn)I rPGovBrBb. sio¢k$ of doTrul•d Iterr h•ld faf lty ben•fir#•¥ièts arè wnensurèd •tfoirvAIua. Th• ch6nty oper d•fin¢d wntrbUti p?nsioTr 8¢h•mos lor orhploye•¥. 01905 lur ¢onlribuknns to th?Sè ScmS •r8 recogn15ed qs oTr 0Xn& when tho lbilty arise5. The as5els of these schernes Ale he from the of the Charity in iTJd•pgnd•rtly8dmkniit•r•d fvnds. hl Ia¥& Tne ¢ompany Is a r8Qthr8d ehafty. has tsk8n •dvart8ge oflhe various r•lKfs frorn taxation avJlabl¢ to chBritie¥ nD tsx Is on the ch8rftl8 htome. Th• ¢h•rity¥ financial &wet# 4n¢ N&b4llltrs all qualify as ba8ic financial instruments, BS defined by FR8102. Except for Imns, creditDts AfKI dabtor¥ &re m8a8ured at ther expaclbd v4luo Invmialy tho 4munt of ¢a5h thal the exp8¢t$ t• pay or rpcONo1 Thg c•rty r4cognis•$ Iv4biktkn$ lorth• prkndpal olthos• h)an$th&t r#Mns outstsndmig ottho •nd11.&. tha IlabllttÈ èXdUd• •ny iTrtere¥t ¢haigoab on tho loant in lutvrè yé¥l. Th• ch•My ten athants of¥Tr •x•mwbn ¢¢firna by1h8 Charttl8B StX<P and rnt pr•par•d o ca6h Ét61•MI. In pr2parir.g nG1•. statements certaln lud9tmtnts, •slirrotEs and assumpt'on5 have to b mad• that aff•ct th• arnounts fwnised in Ihe finanGial 5tatemeTrts Tho cOnder0 folb)ng to bo $19nffieant'. Il The 3nnu81 ¢epre¢iafjort Ciwrye for property, plent and èqulpm*nt 1$ sensth'v• to ¢hong•s in the wtimates for u#•bJl eGonomK life 8nd residual Vol These é5tlmat•s ar• r•asS•5s annu4ly and, n•cossary, a4'u8ted to f•fl•ct CUOnI clrcumstan¢e5 Pa11
A#hknrd Chrlbtl•n Falk)whlp Op•Tatkng at Brttht¢lty NOTE8 TQ THE ACCOUNTS FOR ThE YEAR ENDED Ji oeeEM8eR2020 DonlonA and l•Jx• 2020 2019 Donation5 of cash ar Jinilar Donafjon6 n knn¢J (nots 3a) In¢om¢ tax re¢overabl¢ Govgrnmgnt orarrts IAoté 3bl Olhwi grants 121,201 6,638 27,534 23,157 143.77S 3,C¥JO 30,374 1970 117149 t)oruts In wn¢J Ct)mwM folbwng.. 2020 2019 Good$ donai•d for. Di$¢nbu0n b) b•nofidan•s Dowted goods ¢ompri80 donatrons to fu0dr Dper&ed bythe thurth. b GDvemmqnt gr4nts corrprise". 2020 2019 Job Relnb'on Sch•me grants Lo¢•1 authurfy SThll sIn0559[ant Cth•r local aulhorty grants 7.804 10,ONJ .157 4 Inoornefforn Cha1&ble 2020 2019 Church rtstroats and 3514 Incornl from oth•rlr¥diThg aEIMII 2020 2019 R•nt 7.478 85 2e.8 Sn¢oTn• .8S6 6 Inw•lmwl Ineoma 2020 2019 Bank intsi85t 231 231 P•Je 12
A•hford ¢hrlstl•n F•llow•hlp
NOTES TO THE ACCOUNTS
F
A•fvfNd Chrtalla• F•lknhlp
Op•r&llho a• Brtght Chureh
NOTES TO THE Accouir8
FOR ThE YEAR ENDED 31 DECEMBER 202
Thg charflys pAnclpal grants to InsUtLrtloni Com$.
2020
2019
Chu[ch Togethpr in AshfDrd
Gts¢d Shoph•r(l Ho
Nations LwJht FAinistna•
Keys to the HoN•st Trust
Grants to In6Ulut)ng forl88s than £1,Ot4) •aeh
1.39J
1.453
1.440
1.200
2,000
825
3616
6 fvm¥ty•l• gl•t•ff ¢o•ts. Ihe ¢o•l of m•nwern•nt r4rJonn•l and tru•l••reNoJMrloTr
Stsff eost¥ rMunled to £99,4321201tr £128,808) Th• average rr•)nthW numbAf Df FID•s durn9 th• T WAS 612019. 91
Mvst ofthe cttaiws aro caFn8d bywlunt8ers.
ND 5tHff reE¢N•d salmos at o rnt• of rmre lh t80,ts)O per annum12019, none)
Th• k•y mana9èmort ctsmprisè Ih8trus¢8es the key staff named on the Coryany lTrformallon pag•. K•ym•n•gthThnt
uded Dad Larrl) and JO Lafflb piknrto th• Ind ef 2019. T¢)t#l ty•n•fftÉ Pl& to k•y ffrAnag•m4nt forth8 ar
were as fol$.
Otr
EM•Yer
W¥g46 & amOyM•Tht
nsl
bgTr•frts conttibutiOFbS
2020
Trhjsteès..
lan F(Mkèi
Key M8¢ement to trustew..
Rachd Fow%85
èr Mb•r& olkgy rron•urnBrt
30.0(KJ
2,933
32.933
20.6e6
1,048
22.336
S5.289
The I7n9 amouith wore payabkn the pr?OU5 y41r.
EMplr
Wages & emplDyment
pen510n
8al8rfè8
benofrts contrknons
2019
Truttès..
Dad Lamb
F+ywk•s
Kfry managert o)nnectsd t01rust•..
JO Lamb Iwlf8 of David Lamb)
R8thèl Frjwkog Iwfè of18n Fo¥)
her Mbeli ofkpy m4n•i•rr•nt
21.679
24,8e7
21,679
2¢.104
1,436
8.23
16,637
8,823
17,835
David L and IHn Fawk¢s sThd 45 churrh kna
Ahfvrd ChrIstl Follow•hlp ow1ing Ov 8rlqlrt Grty GIwArGh NOTES TO THE ACCOUtITS FOR THE YEAR ENDED 31 LIECEMBER 2020 Tg1)l fix•d us•ts Fr8ahohl PrLperty Cowouters & Fumiture 8 Equipment Fltings TotDI 2020 C08t At 1 January2020 Addkions DKposak At 31 Decembèr 2020 553.483 28.114 1,414 t5.292 2.¢9S 594.8 4.109 A¢CUfflad loprlaOn At 1 January 2020 Charg¢ fortr$ yoar Ern[nated on th5posal At 31 D•c4rra>or 2020 .415 11.1Tr9 22,921 1,867 8,761 2,772 96,097 15,709 Nat book valué Al 31 Decerra)Er 2020 475 979 At31 Decerrt$6r2019 10 D•btor8 2020 2019 F¥11¥ au• Wtthlth tM• y•ar'. Olhei debtors Tax rtyGLwerable Totsl (knblorn 238 11 Ca•h at Bank and In 2D20 2019 Cwh Dt Dk0th ae¢•ss 63.318 52.449 12 Cnidllar¥: IIAbll#l•s filllng du•wlthln on• yttr 2020 2019 R depooas Aetruals B•nkloan8 523 5.022 1,988 5,731 13 Crethrs.. amount• f411ing afl•r rnorothan L• Y4*r 302D 2019 onk loons 175 146 175 14 179 3JJ Page 15
A•h1O Chrf•tlam Whh1P Op•r•Uhll •• BgIrt Clty ChUb NOTES TO THE Accoviirs FOA ThE YEAR ENDED 31 DECEMBER 202D 14 Loan8 and Ilhl•lK¢ •• Th Il•bilt$ for bani financè IMs•s end concessn8ry loans rerred to h notes 12 and 13 fall due for repa&t as foll(Nvs.' 8Jnk1gJns ey In#atrnts 2020 2019 Ropay4bl•'. wrthkn oné 1 Bt¥an one and fwe ygar8 4,182 19.160 4,182 tg,160 18,161 161 187 Y83,293 f79.329 The b8nk knan referred to In the above nol¢$1$ se¢ur¢d ph byway Dt a fixed and fits'n9 Gljorge on lfve thuritls &rSt Is Payab tsl J tsed rn12. thiGh al the bajnce sheet date w•s S.5. Tr• loan Is bwng repald In rTr)nthly Instslm•nts )n6 must bvj ropaid li fvll by2043. 1¥ P•n1 commttm•rrts During the year Bmwoyerfg pen¥ion ¢onlribulK)ns tLglllng £5.443 12019.. £5.1191 wtyre p•y)• to dOed eofttrfbubon por80tt81 pvnon Ithernes. No peMbJr contrbubrlsYr• uwin9 th• b1n she•t dat•12019'. enill 11 VuRd$ During tho yearthe movernentsin the ohaity$ frjnd3rè 18 foll Opening b&lano8 Incoming rèsources 2020 oUrAng reUr¢8$ Trnn5Fer5 In the yoar 2020 GBin5 and 108688 2020 Cknsiry baLqn¢o 2020 22D 2Q20 UnfwtsFCtod Funds 853,726 170.>22 iie8,1621 12,8041 355.077 Totsl Unr•Gtr¢tgd FuTrd5 353.726 170,322 iie6.1621 12.8091 355,077 Buldiw Centrepkryce Frwt•ie Fund Vinnls dinbr Youlh fund Cther specifr oift Bnghtcty FDodb8nk fitnd B•¥con Cfintt&Tr bJrKI pr8gnorty Crl4$Centr0 lu$ wintsr nvJht Gentrv 13.4751 2,fj75 5.439 1,050 8.489 11,09n 234 rgy 134 T97 97 6,5 8.724 416 471 12C61 124,3141 16.7241 1401 14711 2,311 375 6,371 39,144 138,3281 2,809 9.998 4qgr•g4to of fvnd$ 380,097 209.AO6 1204,4891 265,074 A Mi¢wwa¥ unaortak•n orthe Btsildmg f¥nd duTkng 2019. r(8 letermined thata portiw ofthe ChUh kYop8ty hqd b8on retam within the restrict lu butthere no r¢tgln¢d uve and Ihefeforv tr•r0f¢rwd to yn•r•l fvnd$1£50.7131. This was c4knt bylran8fer& uito tha fijndto cwerth xp•ndr thAt wAc••d•d th• Incom• oflh• r. Pa9e 18
lrford chrfst1 F•Mowohlp Oppr4ling 8rlqhl Glty GIwArGk NOTES TO THE ACCOUf4TS FCftTNE YEAR ENDED 31 DecEMBER 1020 olnet •••ts by fvnd Tho assotsand Ii¥blkn"e5 afthv VariDU5 fiJBd5yMr• a5 to1.. Goner&l 1uTrd8 De&¥nated fvnd5 R06trictod rund5 2020 78ngiN• frA•d assets Debtors Ca8h bank and in h•nd Cr•dtorB falling wrthln one ar Cr•dtrrn tslling due afterone y••r 485.t73 2.057 53,321 11D,3271 1175,1461 485.173 2,OS7 63,318 110,3271 1175,1461 9,998 356.077 9,998 $65.U75 Intha pr•viouK rth rn¢v•monts in tho eharV$ Djndts wr• is folk%." Openlng Inc4tY4w ro$twrre$ 2019 Outgolng rex)urce¥ Tiin&lèrE the 2019 inÉ ind lo¢3 2019 Cbng bal•nr 2010 2019 2019 Ggnerw Unr&&th(tsd 388ffj78 193.128 1216.6841 353.7> TDtal UDf•51rfLtrd Funds 338,678 193.128 1216.fj841 38.W4 353,726 R•str1d•dFS eu11Th& Djnd Cenlree¢ Fronts99 FUD 50,713 1,70D 9.4( 1,134 18.2471 13,9701 13,9201 143.0601 5.439 2,786 797 1.47B Youth fund CMer8p8offlc gll 797 134 2.919 14,2631 50.713 14,e62 120,4001 138,6041 8,371 Aogr¢gats olfvnd¥ 389.391 207.790 1237.084} 360.097 Anal oln•t a•ts tyfvnd In thg PfW40UO year. the 858ets and olth• variou• funds wDre as fol[0.. Oenernl lun4% D&si9nDted fund Restrthd funds 2019 Tanglb10 fvéd ass•ts Débto Ca¥h at bankand in hand crèd0 falling dué vAthiD ono yjor crJa0 18lllng due after on8 year 4,772 1,889 46,Q7É 111,6831 1179,3301 498,772 1.$89 52,449 111,6831 1179.33JI 6,371 353,7X 0,371 380,097 Bu119 fund C•ntr•F¥O¢• Fr•ntsgo Fund Vinnl6 dinor Youth OthBr ptlfr£ Bilgm Clly Foodb8nk n0 Eoown G¢ntre fund Pi¢qnonGy Crlala C•ntre tund Wintor nat 4Yntr• 8uilding purchase, rnaint¢Mn¢¢ •nd r•pir ¢Mts RIA1 olthg ¢hur¢h ¢¢ntre tront•JO Forth? opgrntion oftho w••klyVinnY¥ Dirtr èv•ht YoLth ptoièttly otr•r spefiC grfts foT EpocThIc purpos•s Opowon orth• churc* l0trJba( Genoial opei•rk)ry m8kntentnce and rop? AEtNty rElatiry to Ihe PgnanCYc5ts Contre Opornlonal owrhoad 191ho INSnter14ioht C1r0 Page 17
A•fvl•rd F•110hlP Owallng 4• B1h Cy Chwch NOTE8 TO THE ACCOUNTS FOR TrIE YEAR ENOED 31 DECEMBER 2020 17 TraMxticffl• wlth r•latrd Durtng the ybarthe Ai r•ekiv•d don•ty¢ tofaiikng £16,883 12019.. £29,642> frorn r•lAt•+J P# (which indudas 90$, ony (thgr Mm of k•y man8oern8nt and anyone cknseiy conne to tmI bl Reitnbursotnents frJi expenses iThcurrd Kbn9 as a98nt for tho chartty or IncuTh8d 8rrph)yThnt du5 not ¢onn•¢tsd wth Sorv9 as a tntst•e ai• not includd in th dis¢b$ur•. During tho year th& tharty l¥D Ndq thg 10lbnI payments to. orfor. felated p8?8.. al A$ det8iled in note 6. RKhel Fv•s. who its CIlY fèlatod ta lah Frke5. who is a Iwstee and a m2rrl>er Df key managDment r•c•iwed ¢MoYmnl bènefits trjtalling £22.33812019 £16.9581 brrkIng 4$ o postgr ol th churth. bl Hill. who Is dosdy relatèd to R*h•rd H1 who i• a trustee. rec¢Ne¢J ernplent benoffts totolling £10,094 1201¥¥. t9,6411 ftr prowdiry administralNe 5eryKes to tho eharty. ExMptas dis¢kJ88d ifi Mt& 8'Anafysi8 of Wwst¥'. there have been no otherthnMdion8 retated p•rtKs durng the or. 18 M•mb•r• Each 18r oltle cryany c4jrnts to ¢CnDu iftm cD•nty I$wOUhd up an 4mun101£10. PagE 18
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