## Ashford Christian Fellowship operating as Bright City Church
Report and Accounts Year ended 31 December 2021
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
## **Ashford Christian Fellowship Operating as Bright City Church**
## **COMPANY INFORMATION**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
|**Trustees**|Richard Hill||
|---|---|---|
||Angela Davis||
||Wade Newland (resigned 22 July 2021)||
||Ian Fowkes||
||Anthony Trilsbach||
|**Key Staff**|Ian Fowkes||
||Rachel Fowkes||
|**Governing Document**|Articles of Association dated 1 May 2014||
|**Company Registration Number**|9021910||
|**Charity Registration Number**|1157611||
|**Principal Address**|Centrepiece||
||Bank Street||
||Ashford, Kent||
||TN23 1BA||
|**Independent Examiner**|Stephen Mathews FCA||
||Stewardship||
||1 Lamb's Passage||
||London||
||EC1Y 8AB||
|**Bankers**|Santander plc,||
||Bridle Road||
||Bootle||
||Merseyside||
||L30 4GB||
|**Contents**||**Page**|
|Company Information||1|
|Trustees' Annual Report||2-5|
|Independent Examiner's Report||6|
|Statement of Financial Activities||7|
|Balance Sheet||8|
|Notes to the Accounts||9-17|
|Detailed Statement of Financial Activities with Comparatives||18|
1
## **ASHFORD CHRISTIAN FELLOWSHIP, operating as Bright City Church**
TRUSTEE AND DIRECTORS REPORT FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their report and accounts for the year ended 31 December 2021.
The accounts and financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016)
## **About us**
_‘You are the light of the world. A city on a hill cannot be hidden’ Matthew 5:14._
We are a family of people from all over the world and from every walk of life who love Jesus. Together we are living to shine the light of his love and good news in our community and across the nations. We worship together on Sundays and meet in smaller groups during the week where we encourage one another to love God and to share His love with others.
We believe that our message of love and hope should be demonstrated with practical help for those in need and we are active in our community with a number of growing social action projects.
## **Objectives and activities**
The Church’s objects are:
- to advance the Christian faith in accordance with the Statement of Beliefs. - to provide or assist 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 their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.
## **Public benefit**
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the church should undertake. In the opinion of the trustees, the activities described below demonstrate the church’s commitment to providing public benefit to the community it serves.
## **Achievements and performance**
Following the pandemic restrictions the church resumed meeting on a regular basis from July 2021 in the church building each Sunday for worship, bible teaching and preaching and also on other days to support special events.
2
The church has continued to build and strengthen its social interaction with the wider community through a number of key initiatives, including;
- _**Vinny’s Diner** – a weekly opportunity for those in need to meet, eat and be encouraged and supported._
- _**Food Bank** – the church continues to operate an independent food-bank from our town centre premises. Working with Fareshare and local supermarkets in the redistribution of otherwise surplus food to those suffering hardship and need._
- _**Rentals** – the general hiring of space within the building to other community groups was suspended during the pandemic and a more targeted approach to help balance utilisation of the facilities with the available resources is now being taken._
- _**The Beacon Centre** – work was completed towards the end of 2020 and the centre is now being used by Ashford Together and Ashford Borough Council on a regular basis, providing practical help and advice to the homeless and others in need._
The **Food Bank** continued to see a steady demand during the year with on average 155 vulnerable families a week being supported. The trustees would like to thank the excellent support provided by many volunteers, local supermarkets and catering businesses.
- Also, we would like to acknowledge the financial grants made during the year from: _Ashford Borough Council Ashford Holiday Kitchen Kent Community Foundation The Neighbourly Ltd_
The **online broadcasting** , through social media, of the Sunday services was established primarily due to pandemic restrictions with a dedicated Studio facility being developed within the building. The ongoing benefits of this approach has been recognised and the format adapted and we continue to connect with a much wider audience and provide access for those that have been more cautious to gather physically in person.
We are currently re-developing our **lower hall** area of the building into a more community focused space that will be of benefit to the local community, particularly given our town centre location. The trustees would like to thank _Ashford Borough Council_ for their help in securing a financial grant towards the first phase of building/electrical works.
## **Financial review**
There was a surplus in the year on unrestricted funds of £38,051 (2020: £1,351 surplus) leaving a balance carried forward at 31 December 2021 after transfers of £393,127. Unrestricted cash at bank amounted to £38,267 (2020: £49,694).
## **Going Concern**
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 making appropriate enquiries, trustees have a reasonable expectation that the charity has adequate resources to continue its operation for the foreseeable future. For
3
this reason they continue to adopt the going concern basis in preparing the charity’s financial statements.
## **Reserves policy**
The charity is in receipt of regular donated gifts primarily from church members, this helps to support the day-to-day work of the church and in addition a reserve of £25,000 is maintained in readily available funds. The trustees have assessed the major risks to which the charity is exposed, and are satisfied that this amount is sufficient to meet its ongoing commitments at this time.
## **Structure, governance and management**
Ashford Christian Fellowship (ACF), is a charitable company limited by guarantee governed by its Memorandum and Articles of Association dated 1 May 2014. It was registered as a charity with the Charity Commission on 26 June 2014. The charity is the administrative vehicle for the activities of ACF now operating as Bright City Church.
The management and administration of the charity is the responsibility of the trustees who are also the directors for the purpose of company law. New trustees are identified as those with sufficient spiritual maturity and business experience who are elected and co-opted by the chair and serving trustees subject to the prior approval of the elders. Suitable training and induction is applied as necessary.
The elders are responsible for the spiritual leadership of the church.
## **Statement of trustees’ responsibilities**
The trustees, who are also the directors of Ashford Christian Fellowship for the purpose of company law, are responsible for preparing the trustees annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year, which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.
In preparing the financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
4
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and direction of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
This report was approved by the Board of Trustees and signed on their behalf by:
## **R Hill**
Mr R Hill Chairman
Date 25 August 2022
5
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF**
## **Ashford Christian Fellowship ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021 on pages 7 to 18 following, which have been prepared on the basis of the accounting policies set out on pages 9 to 10.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner’s statement**
Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants of England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns 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.
## **Stephen Mathews**
Stephen Mathews FCA
30 August 2022
Stewardship 1 Lamb's Passage London EC1Y 8AB
6
## **Ashford Christian Fellowship Operating as Bright City Church**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
|Note
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
**Total income and endowments**
**EXPENDITURE ON:**
Charitable activities
7
**Total expenditure**
**Net income/(expenditure)**
**Transfers between funds**
16
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
16|Unrestricted
Funds
£
141,979
244
9,345
5
151,573
167,856
167,856
(16,283)
54,333
38,051
355,077
393,127|Restricted
Funds
£
98,683
-
-
-
98,683
41,051
41,051
57,632
(54,333)
3,299
9,997
13,296|Total
Funds
2021
£
240,662
244
9,345
5
250,256
208,906
208,906
41,350
-
41,350
365,074
406,423|Total
Funds
2020
£
197,030
4,788
7,543
106|
|---|---|---|---|---|
|||||209,466|
|||||204,489|
|||||204,489|
||||||
|||||4,978
-|
|||||4,978
360,097|
|||||365,074|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing operations.
The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.
The notes on page 9-18 form part of these accounts.
7
## **Ashford Christian Fellowship Operating as Bright City Church**
## **BALANCE SHEET**
## **AS AT 31 DECEMBER 2021**
|Note
**FIXED ASSETS**
Tangible assets
9
**CURRENT ASSETS**
Debtors
10
Cash at bank and in hand
11
**CREDITORS: Amounts falling**
**due within one year**
12
**Net current assets / (liabilities)**
**Total assets less current liabilities**
**CREDITORS: Amounts falling due**
13
**after more than one year**
**TOTAL NET ASSETS**
**FUND BALANCES**
16
Unrestricted Funds
General funds
Restricted Funds|Unrestricted
Funds
£
532,766
532,766
3,448
38,267
41,716
(12,029)
29,687
562,454
(169,326)
393,127
393,127
393,127
-
393,127|Restricted
Funds
£
-
-
-
13,296
13,296
-
13,296
13,296
-
13,296
-
-
13,296
13,296|Total
Funds
2021
£
532,766
532,766
3,448
51,563
55,012
(12,029)
42,983
575,750
(169,326)
406,423
393,127
393,127
13,296
406,423|Total
Funds
2020
£
485,173|
|---|---|---|---|---|
|||||485,173|
|||||2,057
63,318|
|||||65,375
(10,327)|
|||||55,048|
||||||
|||||540,221
(175,146)|
|||||365,075|
|||||355,077|
|||||355,077
9,998|
|||||365,075|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.
- The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities
- (a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its net income or expenditure for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the Board of Directors on 25 August 2022 and were signed on its behalf by:
## **R Hill**
R Hill
The notes on page 9-18 form part of these accounts.
Company number: 9021910
Charity number: 1157611
8
**Ashford Christian Fellowship Operating as Bright City Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
## **1 Statutory Information**
The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.
## **2 Accounting Policies**
These financial statements are prepared on a going concern basis, under the historical cost convention.
These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.
The principles adopted in the preparation of the financial statements are set out below.
## a) Going concern
The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
## b) Income
Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
Income from donations and legacies includes:
- i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.
- ii) Donated facilities, services and goods. Goods donated for distribution to beneficiaries are recognised as income when receivable at fair value (being an estimate of the amount it would cost to purchase those items). Facilities, services and goods donated for the charity's own use are recognised as income when receivable at their value to the charity.
The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.
When donated goods, services and facilities are distributed or consumed, an expense in respect of those items is included in the Statement of Financial Activities. At the year end any goods that have not been distributed or consumed are recognised as stock.
- iii) Legacies. Income from legacies is recognised when a distribution is received from the estate or, if earlier, when the charity has been notified that a distribution will be made and the amount receivable can be measured reliably.
Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from church retreats and other events and courses.
Investment income represents income generated by the charity's assets and includes income from letting the charity's property and bank interest.
## c) Expenditure
- Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a
- payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.
9
## **Ashford Christian Fellowship Operating as Bright City Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.
The cost of raising funds is not significant and has not been separately disclosed.
Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.
## d) Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
## e) Tangible fixed assets
Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:
Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Over 50 years after taking account of the building's residual value Leasehold improvements Over the lease term or, if shorter, expected useful life Equipment Over 3 to 7 years
The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.
## f) Stocks
Stocks of donated items held for distribution to beneficiaries are measured at fair value.
## g) Pension scheme arrangements
The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.
## h) Taxation
The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.
- i) Financial instruments The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).
## j) Exemption from preparing a cashflow statement
The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.
## l) Critical accounting estimates and areas of judgement ln preparing financial statements certain judgements, estimates and assumptions have to be made that affect the amounts recognised in the financial statements. The trustees consider the following to be significant:
- i) The annual depreciation charge for property, plant and equipment is sensitive to changes in the estimates for useful economic life and residual value. These estimates are reassessed annually and, when necessary, adjusted to reflect current circumstances.
10
## **Ashford Christian Fellowship**
## **Operating as Bright City Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
## **3 Donations and legacies**
|Donations of cash and similar
Donations in kind (note 3a)
Income tax recoverable
Government grants (note 3b)
Other grants
**a**
Donations in kind comprise the following:
Goods donated for:
Distribution to beneficiaries
**b**
Job Retention Scheme grants
Local authority Small Business grant
Other local authority grants
**4**
**Income from charitable activities**
Church retreats and events
Other
**5**
**Income from other trading activities**
Rent income
Other income
**6**
**Investment income**
Bank interest
Government grants comprise:
Donated goods comprise donations to the foodbank operated by the church.|2021
£
118,999
1,905
24,904
63,024
31,831
240,662
2021
£
1,905
1,905
2020
£
3,024
-
60,000
63,024
2021
£
-
244
244
2021
£
9,345
-
9,345
2021
£
5
5|2020
£
121,201
5,638
27,534
23,157
19,500|
|---|---|---|
|||197,030|
|||2021
£
5,638|
|||5,638|
|||2020
£
7,604
10,000
5,553|
|||23,157|
|||2020
£
4,788
-|
|||4,788|
|||2020
£
7,478
65|
|||7,543|
|||2020
£
106|
|||106|
11
## **Ashford Christian Fellowship Operating as Bright City Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
## **7 Charitable expenditure**
|**a**
**Costs incurred directly on specific activities**
Ministry expenses
Missions expenses
Pastoral and travel expenses
Grants payable (note 7d)
Foodbank expenses
Donations in kind expensed (note 7c)
**b**
**Costs incurred on support & administration**
Governance costs
Accounts preparation and independent examiner's fee
Rent, rates and insurance
Heat and lighting
General office expenses
Repairs, renewals and equipment
Wages and salaries
Professional fees
Mortgage interest
Depreciation
Bank charges
**Total expenditure**|2021
£
6,148
450
205
11,326
35,195
1,905
55,230
2,760
2,760
5,897
7,093
6,971
13,749
77,461
1,718
9,430
28,413
185
153,677
208,906|2020
£
3,157
491
1,339
16,561
35,428
5,638|
|---|---|---|
|||48,874|
|||2,640|
|||2,640
5,125
6,850
6,952
16,724
75,772
1,857
10,080
15,709
167|
|||155,615|
|||204,489|
The fee payable to the independent examiner for preparing and examining the accounts was £2,640 (2020: £2,640). In addition the charity paid £1,074 (2020: £1,074) to Stewardship for payroll bureau.
## **c Donations in kind expensed in year**
|**Donations in kind expensed in year**|||
|---|---|---|
|Donated goods distributed in year|2021
£
1,905
1,905|2020
£
5,638|
|||5,638|
Donated goods distributed in year comprises parcels distributed by the food bank operated by the church.
## **d Grants payable**
|Grants for UK and overseas mission
Grants for the relief of poverty
The comparatives for the previous year are as follows:
Grants for UK and overseas mission
Grants for the relief of poverty|Institutions
£
5,100
2,640
7,740
Institutions
£
5,465
-
5,465|Individuals
£
3,586
-
3,586
Individuals
£
11,096
-
11,096|2021
£
8,686
2,640|
|---|---|---|---|
||||11,326|
||||2020
£
16,561
-|
||||16,561|
12
## **Ashford Christian Fellowship**
## **Operating as Bright City Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
The charity's principal grants to institutions comprised:
|charity's principal grants to institutions comprised:|||
|---|---|---|
|Marko Adonai (Zimbabwe)
Good Shepherd Home
Nations Light Ministries
Keys to the Harvest Trust
Leap into Hope
Grants to institutions for less than £1,000 each|2021
£
2,400
1,440
1,200
1,200
1,200
300
7,740|2020
£
-
1,440
1,200
2,000
-
825|
|||5,465|
## **8 Analysis of staff costs, the cost of key management personnel and trustee remuneration and expenses**
Staff costs amounted to £90,208 (2020: £99,432). The average monthly number of employees during the year was 5 (2020: 6). Most of the charity's activities are carried out by volunteers.
No staff received salaries at a rate of more than £60,000 per annum (2020: none).
The charity's key management comprise the trustees and the key staff named on the Company Information page. Total employment benefits payable to key management for the year were as follows:
|Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Ian Fowkes
30,000
1,800
Key management connected to trustees:
Rachel Fowkes (wife of Ian Fowkes)
20,688
1,241
Other members of key management|2021
£
31,800
21,929
-|
|---|---|
||53,729|
The following amounts were payable in the previous year:
|Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Ian Fowkes
30,000
2,933
Key management connected to trustees:
Rachel Fowkes (wife of Ian Fowkes)
20,688
1,648
Other members of key management|2020
£
32,933
22,336
-|
|---|---|
||55,269|
Ian Fowkes served as church leaders and received the above payments for serving in that capacity, not for serving as trustee; these payments are permitted by the charity's governing document.
13
## **Ashford Christian Fellowship Operating as Bright City Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
## **9 Tangible fixed assets**
|Plant &
Equipment
£
Cost
At 1 January 2021
-
Additions
467
Disposals
At 31 December 2021
467
Accumulated depreciation
At 1 January 2021
-
Charge for the year
-
Eliminated on disposal
At 31 December 2021
-
Net book value
At 31 December 2021
467
At 31 December 2020
-
**10**
**Debtors**
**Falling due within one year:**
Other debtors
Tax recoverable
**Total debtors**
**11**
**Cash at Bank and in Hand**
Cash at bank with immediate access
**12**
**Creditors: liabilities falling due within one year**
Rent deposits
Accruals
Bank loans
**13**
**Creditors: amounts falling due after more than one year**
Bank loans|Freehold
Property
£
553,463
-
553,463
77,484
11,069
88,553
464,910
475,979|Computers &
Equipment
£
27,255
3,019
-
30,274
24,514
2,448
-
26,961
3,312
2,741|Furniture &
Fittings
£
10,650
72,521
-
83,170
4,197
14,896
-
19,093
64,077
6,453
2021
£
2,075
1,373
3,448
2021
£
51,563
51,563
2021
£
523
5,918
5,589
12,029
2021
£
169,326
169,326|Total
2021
£
591,368
76,006
-|
|---|---|---|---|---|
|||||667,374|
|||||106,195
28,413
-|
|||||134,608|
|||||532,766|
|||||485,173|
|||||2020
£
236
1,821|
|||||2,057|
|||||2020
£
63,318|
|||||63,318|
|||||2020
£
523
5,622
4,182|
|||||10,327|
|||||2020
£
175,146|
|||||175,146|
14
## **Ashford Christian Fellowship Operating as Bright City Church NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
## **14 Loans and finance leases**
The liabilities for loans, finance leases and concessionary loans referred to in notes 12 and 13 fall due for repayment as follows:
|Repayable:
Within one year
Between one and five years
After five years|By
instalments
5,589
24,350
144,977
174,915|2021
2020
£
£
5,589
4,182
24,350
19,160
144,977
155,986
174,915
179,329
Bank loans|2021
2020
£
£
5,589
4,182
24,350
19,160
144,977
155,986
174,915
179,329
Bank loans|
|---|---|---|---|
||||179,329|
The bank loan referred to in the above notes is secured on by way of a fixed and floating charge on the charity's assets. Interest is payable at a fixed rate, which at the balance sheet date was 3.45% (2020: 5.5%). The loan is being repaid in monthly instalments and must be repaid in full by 2043.
## **15 Pension commitments**
During the year employer’s pension contributions totalling £4,275 (2020: £5,443) were payable to defined contribution personal pension schemes. No pension contributions were owing at the balance sheet date (2020: £nil).
## **16 Funds**
During the year the movements in the charity's funds were as follows:
|_General Unrestricted Funds_
Total Unrestricted Funds
_Restricted Funds_
Building fund
Centrepiece Frontage Fund
Vinny's diner
Youth fund
Other specific gifts
Bright City Foodbank fund
Pregnancy Crisis Centre fund
Kitchen Training project
Lower Hall Project
Aggregate of funds|Opening
balance
2021
£
355,077
355,077
-
6,489
-
797
25
2,311
375
-
-
9,997
365,074|Incoming
resources
2021
£
151,573
151,573
1,125
-
500
-
-
43,708
130
23,220
30,000
98,683
250,256|Outgoing
resources
2021
£
(167,856)
(167,856)
-
-
(512)
(797)
-
(39,237)
(505)
-
-
(41,051)
(208,906)|Transfers
in the year
2021
£
54,333
54,333
(1,125)
-
12
-
-
-
-
(23,220)
(30,000)
(54,333)
-|Gains and
losses
2021
£
-
-
-|Closing
balance
2021
£
393,127|
|---|---|---|---|---|---|---|
|||||||393,127|
|||||||-
6,489
-
-
25
6,782
-
-
-|
|||||||13,296|
|||||||406,423|
## **Transfers:**
Funds have been transferred from the building fund to the Lower Hall Project, as money spent on that project also fulfills the criteria of the building fund.
The church received restricted grants to enable the development of the church's kitchen and lower hall area. These funds have been fully spent during the year, and the expenditure has been capitalised as shown in note 9.
15
## **Ashford Christian Fellowship Operating as Bright City Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
## **Analysis of net assets by fund**
The assets and liabilities of the various funds were as follows:
|Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year
Creditors falling due after one year
In the previous year the movements in the
_General Unrestricted Funds_
Total Unrestricted Funds
_Restricted Funds_
Building fund
Centrepiece Frontage Fund
Vinny's diner
Youth fund
Other specific gifts
Bright City Foodbank fund
Beacon Centre fund
Pregnancy Crisis Centre fund
Winter night centre
Aggregate of funds|charity's funds
Opening
balance
2020
£
353,726
353,726
-
5,439
-
797
134
-
-
-
-
6,371
360,097|General
Designated
funds
funds
£
£
532,766
3,448
38,267
(12,029)
(169,326)
393,127
-
were as follows:
Incoming
Outgoing
Transfers
resources
resources
in the year
2020
2020
2020
£
£
£
170,322
(166,162)
(2,809)
170,322
(166,162)
(2,809)
900
(3,475)
2,575
1,050
-
-
863
(1,097)
234
-
-
-
97
(206)
-
26,625
(24,314)
-
8,724
(8,724)
-
415
(40)
-
471
(471)
-
39,144
(38,326)
2,809
209,466
(204,489)
-
Unrestricted Funds|Restricted
funds
£
13,296
13,296
Gains and
losses
2020
£
-
-
-|2021
£
532,766
3,448
51,563
(12,029)
(169,326)|
|---|---|---|---|---|
|||||406,423|
|||||Closing
balance
2020
£
355,077|
|||||355,077|
|||||0
6,489
-
797
25
2,311
-
375
-|
|||||9,998|
|||||365,074|
## **Analysis of net assets by fund**
In the previous year, the assets and liabilities of the various funds were as follows:
|Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year
Creditors falling due after one year|General
Designated
funds
funds
£
£
485,173
2,057
49,694
(10,327)
(175,146)
351,450
-
Unrestricted Funds|Restricted
funds
£
13,625
13,625|2020
£
485,173
2,057
63,318
(10,327)
(175,146)|
|---|---|---|---|
||||365,075|
16
## **Ashford Christian Fellowship Operating as Bright City Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
**Restrictions apply to the funds named above as follows:** Building fund Building purchase, maintenance and repair costs Centrepiece Frontage Fund Renewal of the church centre's frontage Vinny's diner For the operation of the weekly Vinny's Diner event Youth fund Youth specific projects Other specific gifts other specific gifts for specific purposes Bright City Foodbank fund Operation of the church foodbank Beacon Centre fund General operation, maintenance and repair Pregnancy Crisis Centre fund Activity relating to the Pregnancy Crisis Centre Training Kitchen Project project to provide life skills training to vulnerable individuals Lower Hall project Project to refurbish the church's lower hall Winter night centre Operational overhead costs relating to the Winter Night Centre
- **17 Transactions with related parties** During the year the charity:
- a) received donations totalling £20,601 (2020: £16,883) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).
- b) Reimbursements for expenses incurred when acting as agent for the charity or incurred when undertaking employment duties not connected with serving as a trustee are not included in this disclosure.
During the year the charity also made the following payments to, or for, related parties:
- a) As detailed in note 8, Rachel Fowkes, who is closely related to Ian Fowkes, who is a trustee and a member of key management, received employment benefits totalling £21,929 (2020: £22,336) for working as a pastor of the church.
- b) Alison Hill, who is closely related to Richard Hill, who is a trustee, received employment benefits totalling £10,526 (2020: £10,094) for providing administrative services to the charity.
Except as disclosed in note 8 'Analysis of staff costs', there have been no other transactions with related parties during the year.
## **18 Members**
Each member of the company commits to contribute if the charity is wound up an amount of £10.
17
## **Ashford Christian Fellowship Operating as Bright City Church**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
|Note
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
**Total income and endowments**
**EXPENDITURE ON:**
Charitable activities:
7
**Total Expenditure**
**Net income/(expenditure)**
**Transfers between funds**
16
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
16||General
Designated
2021
2021
£
£
141,979
244
9,345
5
151,573
-
167,856
167,856
-
(16,283)
-
54,333
-
38,051
-
355,077
-
393,127
-
Unrestricted funds|Restricted
2021
£
98,683
-
98,683
41,051
41,051
57,632
(54,333)
3,299
9,997
13,296|Total
2021
£
240,662
244
9,345
5
250,256
208,906
208,906
41,350
-
41,350
365,074
406,423|||General
Designated
2020
2020
£
£
157,885
4,788
7,543
106
170,322
-
166,162
166,162
-
4,160
-
(2,809)
-
1,351
-
353,726
-
355,077
-
Unrestricted funds|Restricted
2020
£
39,144
-
39,144
38,326
38,326
818
2,809
3,627
6,371
9,997|Total
2020
£
197,030
4,788
7,543
106
209,466
204,489
204,489
4,978
-
4,978
360,097
365,074|
|---|---|---|---|---|---|---|---|---|---|
18