OpenCharities

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

2022-03-31-accounts

Beeston Free Church Nottingham

Trustees Annual Report and Financial Statements April 2021 - March 2022

Beeston Free Church Salthouse Lane Beeston Nottingham NG9 2FY

Beeston Free Church Nottingham

Registered Charity Number 1160335

1

Overview

The Trustees present their annual report and financial statements of the charity for the year ended 31 March 2022. It contains the following items:

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 102.

Objectives and Activities

Beeston Free Church Nottingham is situated in south–west Nottingham just a few hundred metres away from the University of Nottingham campus and close to University Hospital Nottingham. The church is a large community-based church which is focused on serving all ages. The church is a member of the Fellowship of Independent Evangelical Churches and has adopted the FIEC’s Basis of Faith as the theological basis of its work.

The activities of the church involve the promotion of our beliefs and reaching out to our community and beyond, providing care and sharing our faith. The trustees of Beeston Free Church Nottingham confirm they have had regard for the Charity Commission’s guidance on public benefit and believe they have met the legal requirement of S17 of the Charities Act 2011.

Objectives

The charitable objectives are:-

Aims

Our vision: Glorifying God through lives transformed by the gospel

Our values: Loving God, loving the gospel, loving the church

Our mission: We are involved in Christian ministries with a local, national and international focus.

Activities that further the Charity's objectives

Over the last year the activities of the church have continued to be impacted by the COVID-19 pandemic and the local and national restrictions in force, but work has continued to share our faith with the communities around us.

Beeston Free Church Nottingham

Registered Charity Number 1160335

2

Use of the Church Building

The church building on Salthouse Lane, Beeston is usually used in a wide variety of ways to support the work of the church. In the first part of the year the use was limited by COVID-19 restrictions but in the second half of the year more normal activities have been able to resume. We have been glad to welcome the local community back into the building for many of the activities.

Sundays

On Sundays the congregations at each of the worship services, which include music, singing, praying and preaching, have continued to grow; activities for children also take place alongside the service. Services have continued to be streamed online for those unable to attend in person.

In addition, on Sunday evenings, a group for students meets for food, Bible study and reflection.

Weekdays

The church is in use almost every morning and evening, for activities including:

Many other events take place in the church building throughout the year including holiday activities for the retired and for children, courses about subjects such as money management and the Christian faith, social evenings with food and speakers for men and ladies, conferences and special events for Christmas.

A number of events were hosted to support churches and Christian organisations locally, regionally and nationally.

Raising Awareness and understanding our faith

At the centre of all we do as a church is the teaching of the Bible and encouragement of faith in Jesus. Some of the ways this has been done over the past year include:-

Sunday services: services take place each Sunday, at 9:15am, 11:15am and 6:30pm. Alongside the services, groups for children aged 0-14 meet.

A service also takes place at 10am every Sunday morning in Trent Vale Infant School in Beeston Rylands.

Each week a number of Bible study groups meet, in the church building and in local homes.

Weekly activities for children and young people aged 0-18, from the church and the local community, provide care, teaching and fun activities.

Throughout the year courses run and individuals meet together to work through courses such as Christianity Explored to help explain our faith to those who are interested.

Encouraging Mission and Outreach

Beeston Free Church Nottingham remains committed to being outwardly focused, sharing our faith within the local community, more broadly in the UK and through supporting international mission.

The congregation of Beeston Free Church Nottingham known as Rylands Community Church, has continued to meet at Trent Vale Infant School during the year. Through the year work has been ongoing Beeston Free Church Nottingham Registered Charity Number 1160335

3

to establish the congregation as an independent church which is now complete; a grant to establish the new charity on a sound financial footing was made.

Outreach events are held throughout the year, both in the church building and elsewhere in the local area, to which the congregation are encouraged to invite friends and family; this has included social evenings, a summer holiday club for children, a holiday activities day for the retired and special Christmas services.

Work amongst internationals, particularly students from the University of Nottingham, is a large part of the work of the church. A variety of groups and activities for international students and their families meet in the church building each week; day trips and weekends away are also organised regularly.

We continue to support a number of mission partners and associates, working in the UK and internationally and have established relationships with a number of mission organisations including UFM, AIM and SIM.

Communicating our Faith and purpose

Communicating our faith is a key part of our activities as a church. Many of our activities seek to provide opportunities for those in the local community and beyond to hear the gospel and build the faith of those who believe.

Grant making

One of the ways in which the church fulfils its charitable purposes is through the making of grants to projects which seek to advance the Christian faith within local communities and across the world. The trustees are committed to carrying out due diligence to ensure that funds are applied in accordance with the charity’s charitable purposes and funds are not knowingly used for money laundering, terrorist financing or bribery. Grant agreements are in place with all individuals and organisations, setting out the level of support and review periods.

Volunteers

The large number of volunteers within the church help in every aspect of the church’s work. The majority of our members and many of the congregation partner together in our ministries and in practical ways. The members and congregation of the church give in excess of 300 volunteer hours each week and the trustees recognise that without this many of the church’s activities could not take place.

Achievements and performance

The church has continued its programme of regular services and Bible teaching on a Sunday along with a number of support activities during the week, within the limitations of the COVID-19 restrictions in place

The church supports a number of local, national and international initiatives to care for those in need and to advance the Christian faith.

This year, the staff team has remained relatively stable with no new appointments to the senior staff. As is normally the case, new trainees began work in September. During the year, two ministry training roles have been created; beginning work in June and November 2021. There have been three individuals volunteering a day a week; one focused on ministry to children and two focused on biblical counselling. In addition the small maintenance jobs and building checks are done by a volunteer.

Beeston Free Church Nottingham

Registered Charity Number 1160335

4

Progress on the planned gospel growth initiatives has been slowed by the pandemic in a number areas but the trustees remain committed to these areas and some significant progress has been made.

The initiatives are:

Alongside well-established ministries, work continues, exploring opportunities for new ministries in the community.

The congregation of Beeston Free Church, known as Rylands Community Church has registered as a charity and will start the new financial year as an independent entity. Investigative work toward future church plants also began.

Two new training posts have been established during the year, seeking to prepare individuals to serve in gospel work.

Further grants have been made to support national mission work, including a grant to a church in south Wales seeking to improve their facilities to reach their local area and ongoing support for a number of organisations working to promote national mission.

Our ongoing partnership with Rylands Community Church and other FIEC churches in Nottingham enables us to work together and share resources in our local area.

Support, both financial and pastoral, for existing mission partners continues. In the last year a family has moved to Italy and a lady to Africa, as mission partners.

Work is underway to plan the second, and final, phase of work on the church building providing additional space and improved facilities.

Financial review

I. Analysis of income

The income of the church is primarily donations from church members and those associated with the church with a small amount (£4k) from other charities and some (£12k) from activities of the church such as weekends away and conferences. The legacy from a former member of £17k.

Donations to the general fund were £360k, a reduction, as expected, on the previous year because funds for Rylands congregation were allocated to a separate restricted fund ahead of the congregation becoming an independent church (2021/22 £360k, 2020/21 £414k).

Total income to the general fund was £372k and a total of £26k was transferred into the general fund from restricted funds.

Beeston Free Church Nottingham

Registered Charity Number 1160335

5

II. Analysis of Expenditure

Total costs to the general fund were £416K, a reduction, as expected, on previous year because funds for Rylands congregation were allocated to a separate restricted fund ahead of the congregation becoming an independent church (2021/22 £416k, 2020/21 £420k). A total of £7k was transferred to the Rylands Community Church restricted fund and a grant of £29k was given to the newly established Rylands Community church.

In the financial year 2021-22 there was a deficit of £24k to the general fund.

III. Reserves

The trustees set an agreed budget each financial year. The operations manager has authority, with relevant consultation with the Treasurer, to work within this budget. Any expenditure outside the budget must be brought before the trustees.

The trustees plan to hold the equivalent of two - three months funds in reserve in cash at the bank and in interest bearing deposit accounts.

The trustees manage the finances of the church to ensure that the financial support of the members and other givers is used to further the charitable purposes of the church. Where the reserves of the church rise about the targeted level the trustees will take action to use the surplus in connection with those purposes. If the trustees know of future costs that justify higher than the policy level of reserves these will be explained in the quarterly management accounts, the year end report, and will be reported to the church meeting.

At the end of the 2021-22 financial year the general fund reserve fund stood at £256k (includes £12k of fixed assets). This is 5.5 months cover for the general fund expenses (of £44k per month).

IV. Budget 2022-2023

The budget for 2022-2023 was approved by members at the March 2022 church members meeting.

Income to the general fund for 2022/23 is forecast to be £403k. This comprises donations of £360k, transfers from other funds of £32k and other income of £11k.

Spending from the general fund for 2022/23 is forecast to be £473k. This comprises of: staff costs of £300k, International and UK mission costs of £61k, Ministry of Beeston costs of £28k, Property and utilities costs of £24k, administration and repair costs of £20k property development costs of £16k, other costs of £18k and £6k of capital expenditure.

Spending will exceed income by £69k.

V. Investment Policy

No long term investments are held by the church as the trustees believe the church’s ongoing giving and income is very stable and the trustees consider that it would be possible to take fundraising or cost saving action in good time should it be necessary. A forward financial forecast for the coming 3 years helps trustees make appropriate decisions.

Beeston Free Church Nottingham

Registered Charity Number 1160335

6

The church’s reserves are held in interest bearing instant access or short notice deposit accounts with reputable financial institutions.

VI. Risks and uncertainties

The church, and its trustees, are potentially at risk from a number of sources. These risks are managed so as not to expose them to undue risk and trustees are kept informed so that they are able to deal with any situations that may arise. Risks are assessed and mitigated against on an ongoing basis. The biannual risk analysis was completed in February 2022.

The future

In the coming year the trustees and members of the church have agreed a deficit budget, planning to use some of the excess reserves to fund activities which enable the purposes of the charity to be fulfilled. The trustees are targeting returning reserved levels for 2-3 months reserves over the next 2-3 years.

The planning and preparation for the second part of the project to extend and refurbish the building will require significant time, energy and resources in the coming year to meet an aspiration to begin the works at the beginning of the 2023/24 financial year. The aim of this project is to expand the capacity of the building and refurbish existing spaces to ensure they are fit for purpose for the years ahead.

The church leadership will also be focusing on church planting, that is establishing new churches. Work in the coming year will particularly be around suitable locations and appropriate leadership structures.

Structure, governance and management

Beeston Free Church Nottingham is a Charitable Incorporated Organisation (CIO) registered in February 2015.

The church is governed by a Constitution and Rules. The church is a member of the Fellowship of Independent Evangelical Churches (FIEC) and the Midlands Gospel Partnership.

Church membership

Church membership is open to Christians who are willing to be in active partnership with the church in the work of the gospel. At the year-end church membership stood at 225. The church members meet regularly to conduct business meetings.

Organisational structure

The church membership elects, from its number, individuals to serve as church officers, who form the trustee body. These officers are Elders, Deacons, a Church Secretary and a Treasurer. The elders and deacons are appointed for a term of three years, which can be renewed for a further three years before a period of at least a year must pass before the individual becomes eligible to stand again. The secretary and treasurer are appointed annually by the church members.

The Elders are responsible for doctrinal integrity, policy and strategy. The Deacons are responsible for practical matters. The Employment Committee, which does not include paid / connected members of the trustees, meets as a sub-committee of the trustee body to consider all matters related to employment and other areas where paid or connected trustees may have a conflict of interests. During the year 3 Beeston Free Church Nottingham Registered Charity Number 1160335

7

further sub-committees have been established and responsibility delegated by the trustees for Property and Health and Safety, Compliance and Finance.

The trustees meet at least four times each year and have overall responsibility for the operation and leadership of the church. The trustees draw up policies and procedures within which they and the staff operate and make decisions. The trustees delegate much of the day to day responsibilities to the church staff team. The delegation of responsibilities to committees and staff is reviewed annually.

Staff

The church employs a number of staff; during the year the staff team has been:

George Hawkins
Senior Minister
Dave Bish Associate minister
Steve Baraniak Assistant minister
John Goodwin
Assistant minister (resigned May 2021)
James Taylor Minister in Training
Daniel Robertson Minister in training (from June 2021)
Anne Macgregor Ministry Worker in training (from November 2021)
Becky Thomas Operations Manager
Ele Hawkins
Administrator
Ruth Evans Finance Officer

All decisions on staff remuneration and pay are made by the Employment Committee with reference to the Remuneration Policy agreed by the committee in May 2021.

During the year a review of the church office function was carried out by the Employment Committee resulting in the regrading of some of the office roles completed.

Trainee scheme

During the year a number of ministry trainees have been employed. The trainees are involved in a wide range of ministry and practical tasks around the church, alongside receiving theological training at the Midland Ministry Training Course, run by the Midlands Gospel Partnership. In the 2020-21 academic year David Cooper, Hugo Cunningham, Anne Macgregor (as a second year) and Luke A. Smith served as trainees. In the 2021-22 academic year Nat Kane, Luke J. Smith and Cat Fairbrother are serving as trainees.

Reference and administrative details

Charity Name: Beeston Free Church Nottingham

Registered Charity Number: 1160335 Charity’s principal address: Salthouse Lane, Beeston, Nottingham, NG9 2FY

Names of the trustees who manage the charity and their dates of appointments or resignation if not serving for the full reporting period:

George Hawkins

Jonathan Chambers Chair of elders

Stephen Cragg

Retired July 2021

Beeston Free Church Nottingham

Registered Charity Number 1160335

8

Neil Johnson Retired July 2021 Rebecca Thomas Church Secretary Stuart Barlow Chair of trustees David Bish Stephen Baraniak Resigned March 2022 Daniel Goddard Chair of Employment Committee Matthew Roberts Robert Goodwin David Arrowsmith Treasurer Ben Bradley Retired October 2021 Crian Wilson Peter Andrews Richard Graham Barbara Graham Connie Pringle Resigned October 2021 Chris Pinnington Appointed October 2021 Andy Grundy Appointed October 2021

Names and addresses of advisers:

Auditor: Mrs D.J. Lockwood FCA, FCCA. Haines Watts, Chartered Accountants, Cliffe Hill House, 22-26 Nottingham Road, Stapleford, Nottingham, NG9 8AA

Bankers :

CAF Bank, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4TA

Stewardship, 1 Lamb’s Passage, London, EC1Y 8AB

Kingdom Bank, Ruddington Fields Business Park, Mere Way,Ruddington, Nottingham, NG11 6JS

Nationwide Building Society, Kings Park Road, Moulton Park, Northampton, NN3 6NW Hampshire Trust Bank, PO Box 74003, LOndon, EC2P 2QR

Legal : Edward Connor, 10 The Point, Market Harborough, LE16 7QU

Names of senior staff members:

George Hawkins is the Senior Minister and leads the elders and the staff team.

Becky Thomas is the Operations Manager with day to day responsibility for accounting and compliance matters.

Beeston Free Church Nottingham

Registered Charity Number 1160335

9

People

David Arrowsmith is the church’s treasurer. His role has included the supervision and oversight of the work of the operations manager and finance officer relating to financial reporting and management. The trustees are very grateful to David for his work in this area.

Zena Schofield served one day per week as the church’s Biblical Counselling Co-ordinator until January 2022. Zena has been meeting with individuals and providing training to leaders within the church. The trustees are very grateful to Zena for her work in this area.

Laura Perbet has served one day per week as a Biblical Counselling intern, training with BCUK alongside meeting with individuals. The trustees are very grateful to Laura for her work in this area.

James Thomas has been serving one day per week as the church’s Children’s Work Coordinator, supporting leaders, organising training and events and developing new areas of work. The trustees are very grateful to James for his work in this area.

Crian Wilson serves as a maintenance volunteer, overseeing the maintenance and repairs to the church building. The trustees are very grateful to Crian for his work in this area.

Beeston Free Church Nottingham

Registered Charity Number 1160335

10

Independent Examiner's Report to the Trustees of Beeston Free Church Nottingham (‘the CIO’) For the Year Ended 31 March 2022

I report to the Charity Trustees on my examination of the accounts of the CIO for the year ended 31 March 2022.

Responsibilities and Basis of Report

As the Charity Trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the CIO’s accounts carried out under Section 145 of the Act. In carrying out my examination I have followed all applicable directions givens 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 in 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:

I confirm that there are no matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

………………………………..................................................…… Mrs D J Lockwood FCCA FCA ATT(fellow) Chartered Accountant

Dated ……....………………………

Haines Watts Nottingham Limited Chartered Accountants Cliffe Hill House 22-26 Nottingham Road Stapleford Nottingham NG9 8AA

Beeston Free Church Nottingham

Registered Charity Number 1160335

11

Statement of Financial Activities For the Year Ended 31 March 2022

Note Unrestricted Restricted Restricted Total Total Unrestricted Restricted Restricted Total Funds
Funds Funds Funds Funds Funds 2020/21
2021/22 2021/22 2021/22 2020/21 2020/21
£ £ £ £ £ £
Income
Donations 3
and Legacies 360,276 158,618 518,894 414,243 487,744 901,987
Activities for 4
Generating Funds - - - 1,425 - 1,425
Investment Income 556 - 556 1,575 - 1,575
Charitable Activities 5 11,654 872 12,526 - 49 49
Total Income 372,486 159,490 531,976 417,243 487,793 905,036
Expenditure
Charitable Activities
Operation of Beeston 6
Free Church
Nottingham and
delivery of Mission
Costs 416,028 129,381 545,409 419,085 202,076 621,161
Cost of Raising -
Funds - - 1,464 - 1,464
Total Expenditure 416,028 129,381 545,409 420,549 202,076 622,625
Net Income/
(Expenditure) (43,542) 30,109 (13,433) (3,306) 285,717 282,411
Transfer Between 16
Funds 19,520 (19,520) - 16,468 (16,468) -
Net Movement in
Funds (24,022) 10,589 (13,433) 13,162 269,249 282,411
Reconciliation of
Funds
Total Funds Brought
Forward 280,912 1,242,774 1,523,686 267,750 973,525 1,241,275
Total Funds Carried 16
Forward 256,890 1,253,363 1,510,253 280,912 1,242,774 1,523,686

Beeston Free Church Nottingham

Registered Charity Number 1160335

12

Balance Sheet As at 31 March 2022

Note
Fixed Assets
13
Tangible Assets
Total Fixed Assets
Current Assets
Cash at bank and in hand
Debtors
14
Total Current Assets
Liabilities
Creditors falling due within 1
year
15
Net Current Assets
Total Assets less current
liabilities
Creditors: Amounts falling due
after more than one year
15
Net Assets
The Funds of the Charity
Unrestricted
Restricted
Total Charity Funds
16		 Unrestricted
Funds
£
11,692
11,692
251,882
7,264
259,146
13,948
245,198
-
256,890		 Restricted
Funds
£
1,187,093
1,187,093
48,196
18,500
66,696
426
66,270
-
1,253,363		 Total Funds
2021/22
£
1,198,785
1,198,785
300,078
25,764
325,842
14,374
311,468
-
1,510,253
256,890
1,253,363
1,510,253		 Total Funds
2020/21
£
1,218,047		 Total Funds
2020/21
£
1,218,047
1,218,047
349,705
8,578
358,283
52,644
305,639
-
1,523,686
280,912
1,242,774
1,523,686

The notes on pages 15 to 27 form part of these accounts

Approved by the trustees on 20 June 2022 and signed on their behalf by:-

……………………………………………………… Chair

……………………………………………………… Treasurer

Beeston Free Church Nottingham

Registered Charity Number 1160335

13

Cash Flow Statement as at 31 March 2022

Net Cash Flow from Operating Activities
Returns on Investments:
Interest Received
Capital Expenditure and Financial Investments:
Purchase of Tangible Fixed Assets
Disposal of Fixed Assets
Net Cash Inflow/(Outflow)
Increase/(Decrease) in Cash in the Year
Net Cash Resources at 1 April 2021
Net Cash Resources at 31 March 2022		 Notes
18		 2022
£
(40,229)
556
(39,673)
(13,483)
3,529
(49,627)
(49,627)
349,705
300,078		 2021
£
398,233
1,575
399,808
(621,700)
17,173
(204,719)
(204,719)
554,424
349,705

Beeston Free Church Nottingham

Registered Charity Number 1160335

14

Notes to the Accounts For the Year Ended 31 March 2022

1. Basis of Accounting and going concern

The Charity meets the definition of a public benefit entity under FRS102

The Trustees’ consider that there are no material uncertainties about the charity’s ability to continue as a going concern. The financial statements are presented in Sterling (£)

2. Accounting Policies

a) Incoming Resources: Recognition of Incoming These are included in the statement of Financial Activities (SoFA) when: Resources ● the charity becomes entitled to the resources; ● the trustees are virtually certain they will receive the resources; and ● the monetary value can be measured with sufficient reliability. Incoming Resources with Related Where incoming resources have related expenditure (as with fundraising or Expenditure contract income) the incoming resources and related expenditure are reported gross in the SoFA. Grants and Donations Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources. Legacy income Legacies and gifts are recognised at the earlier of receipt or at the time the amount can be measured with reasonable certainty. Tax Reclaims on Donations and Gift aid receivable is included in income where there is a valid declaration Gifts from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or terms of the appeal have specified otherwise. Contractual Income and This is only included in the SoFA once the related goods and services have Performance Related Grants been delivered. Gifts in Kind Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable. Donated Services and Facilities These are only included in incoming resources (with an equivalent amount in resources expended) where benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received. Volunteer Help The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. Investment Income This is included in the accounts when receivable. Investment Gains and Losses This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

Beeston Free Church Nottingham

Registered Charity Number 1160335

15

Notes to the Accounts For the Year ended 31 March 2022 (continued)

b) Expenditure and Liabilities

Liability Recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Grants The grants given by the charity are voluntary payments made by the charity to further the purpose of the charity by grant making to either a person or an institution. Grant payments may be made to fund the general purposes of, or for a specific purpose of, for example funding a particular activity or service.

The costs are shown within the charitable activities and details are given within the notes to the accounts.

Grants with Performance Conditions Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Grants Payable without These are only recognised in the accounts when a commitment has been made and Performance Conditions there are no conditions to be met relating to the grant which remain in the control of the charity. Irrecoverable VAT Irrecoverable VAT is charged against the expenditure heading for which it was incurred. Funds Received as Agent These amounts are shown with note 7 and do not form part of the charity income. Amounts are collected on behalf of other charities and passed over to them entirely. These are short term projects, on which gift aid tax relief is not claimed by Beeston Free Church Nottingham. Fund Accounting Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees.

Restricted funds can only be used for the particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when the funds are raised for a particular purpose.

c) Assets Tangible Fixed Assets for use by the These are capitalised if they can be used for more than one year, and cost at Charity least £500. They are valued at cost or a reasonable value on receipt. The rates of depreciation charges are: Freehold land and building SL 2% per annum, fixtures, fittings and equipment SL 10% per annum, electronic and audio visual equipment SL 25% per annum. d) Pension Costs The charity operates a defined contribution pension scheme. Contributions payable to the charity’s scheme are charged to the statement of financial activities in the period to which they relate. e) Holiday Pay / Sabbatical Leave Provision is made within the accounts to include a liability as incurred for holiday pay. From time to time sabbatical leave is taken by employees but this is at the discretion of the trustees and is not a contractual obligation. f) Lease Commitment Lease payments are charged to the statement of financial activities as incurred. g) Debtors Debtors are recognised at the settlement amount owed to the charity or prepaid.

Beeston Free Church Nottingham

Registered Charity Number 1160335

16

Notes to the Accounts

For the Year ended 31 March 2022 (continued)

h) Creditors

Creditors and provisions are recognised where the charity has a present obligation, resulting from a past event that will probably result in the transfer of funds to a third party, and the amount due to settle the obligation can be measured or estimated reliably – creditors and provisions are normally recognised at the settlement amount

i) Financial Instruments

The charity has financial assets and financial liabilities of a kind that qualify as basic financial instruments

Basic financial instruments are initially recognised at transaction value and subsequently measured at this settlement value

j) Judgement and Key Sources of Estimation Uncertainty

The preparation of accounts using the generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the accounts and the reported amounts of revenues and expenses during the reporting period

The key estimates and assumptions used in the financial statements are detailed in the accounting policies.

Beeston Free Church Nottingham

Registered Charity Number 1160335

17

Notes to the Accounts

For the Year ended 31 March 2022 (continued)

3. Donations and Legacies
Donations & Gift aid
Other Grants and Gifts
Legacies
4. Activities for Generating Funds
Books and Audio Sales
Photocopying Receipts
5. Charitable Activities - Income
Operation of Beeston Free Church Nottingham
and delivery of mission costs
Sales & Events
Under 5’s Income
Alta
Total Tuesdays
6. Charitable Activities - Expenses
Total Staff Costs (note 8 & 10)
International and UK Mission (note 12)
Ministry of Beeston
Property and Utilities
Administration
Compliance and Membership
Sales and Events
Finance Depreciation and Miscellaneous
Loss on disposal of fixed assets
Support / Governance Costs (note 8)		 Unrestricted
358,471
1,805
-
360,276
-
-
-
11,654
-
-
-
11,654
226,512
85,460
9,578
20,422
19,818
3,672
11,505
3,351
-
35,710
416,028		 Restricted
139,834
2,000
16,784
158,618
-
-
-
19
236
307
310
872
55,231
33,078
7,502
-
1,812
373
20
26,843
2,647
1,875
129,381		 Total
2021/22
498,305
3,805
16,784
518,894
1,390
35
1,425
11,673
236
307
310
12,526
281,743
118,538
17,080
20,422
21,630
4,045
11,525
32,841
-
37,585
545,409		 Total
2020/21
899,699
2,288
901,987
1,390
35
1,425
-
-
29
20
49
261,726
170,702
13,934
14,557
18,617
9,098
-
73,482
11,207
47,838
621,161

Beeston Free Church Nottingham

Registered Charity Number 1160335

18

Notes to the Accounts For the Year ended 31 March 2022 (continued)

7. Funds received as agent

Description
Related
party
AIM
No
AWM
No
Pricilla Project
No
TLG
No
UFM
No
Total		 Amount received
2021/22
£
2020/21
£
-
11,264
500
-
50
-
430
-
100
-		 Amount received
2021/22
£
2020/21
£
-
11,264
500
-
50
-
430
-
100
-		 Amount paid out
2021/22
£
2020/21
£
-
11,264
500
-
50
-
430
-
100
-		 Amount paid out
2021/22
£
2020/21
£
-
11,264
500
-
50
-
430
-
100
-		 Balance held at
period end
2021/22
£
2020/21
£
-
-
-
-
-
-
-
-
-
-		 Balance held at
period end
2021/22
£
2020/21
£
-
-
-
-
-
-
-
-
-
-
1,080 11,264 1,080 11,264 - -

8. Analysis of Governance and Support Costs held within Charitable Activities

The charity initially identifies the costs of its support functions. It then identifies those costs which relate to the governance function. Governance costs and other support costs are apportioned separately between the charitable activities undertaken (see note 6) in the year. Refer to the table below for the basis of apportionment and the analysis of support and governance costs

Salaries, Wages and Related
Costs
Administration
Statutory Fees (note 9)
Legal and Other Professional
Fees
Total		 Charitable
Activities
£
254,424
27,319
-
-		 Support/
Governance
Function
£
10,283
23,862
1,380
2,060		 Support/
Governance
Function
£
10,283
23,862
1,380
2,060		 Total
2021/22
Total
2020/21
Basis of
Apportionment
£
£
264,707
261,726
Allocated on time
51,181
46,273
Allocated on time
1,380
1,320
Governance
2,060
245
Governance
319,328
309,564		 Basis of
Apportionment
281,743 37,585

9. Statutory Fees

In 2022 an Independent Examination was undertaken for a fee of £1,380 (£1,320 in 2021).

Beeston Free Church Nottingham

Registered Charity Number 1160335

19

Notes to the Accounts For the Year ended 31 March 2022 (continued)

10. Analysis of Staff Costs

a) Staff Costs

Gross Wages & Salaries
Employers National Insurance Costs
Pension Costs (note 11)
All other staff related Costs
Total Staff Costs
Allocation of Staff Costs:-
Charitable Activities
Administration
b) Number of Employees at the Year end
Ministry
Management
Administration
Trainees
Total		 2021/22
£
245,180
15,949
33,798
20,961
315,888
264,707
51,181
315,888
2021/22
6
1
2
3
12		 2020/21
£
244,735
14,572
32,281
16,411
307,999
261,726
46,273
307,999
2020/21
5
1
2
4
12

No employees received emoluments (excluding employee pension costs) of more than £60,000.

11. Pension Costs

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund and are administered by Royal London. The pension cost charge represents contributions payable by the charity to the fund and totalled in the year £33,798. (2020/2021 £32,281)

Beeston Free Church Nottingham

Registered Charity Number 1160335

20

Notes to the Accounts For the Year Ended 31 March 2022 (continued)

12. Grant Making

Total Value of Grants (Included within cost of Global and National Mission). Grants are made for Mission support

Grants to Institutions
Global Mission
£
36,407		 Grants to Institutions
National Mission
£
79,399		 Grants to
individuals
£
2,190		 Total Amount
£
117,996

An additional £542 was spent on supporting mission in expenses claimed against receipts.

a) Grants made to Institutions

Name of UK based
Institutions
Global Mission
AIM
AWM
Friends International
OMF
UFM
UFM
UFM
UFM
SIM
Stewardship
WEC
IBSTE
UFM
Worldview Australia
National Mission
Cross Teach Nottingham
FIEC
MGP
UCCF
Rylands Community Church
Stewardship
City Church Manchester
NUSU
NTU
Rylands Community Church
Mount Elim Church
b) Grants made to individuals
Name of Individual
Laura Perbet
Chris Schofield		 Purpose
General fund support
Support of Fred & Jo
Nottingham fund support
Support of Phil & Vicki
Support of Jonathan & Dawn
Support of Johnny & Ann
Support of John & Ann
Support of Jonathan & Clare
Support of Ted & Rachel
Support of Elena-Jayne with Friends International
Support of Chris & Staci
Replacing bedding at IBSTE
Discretionary grants
Scholarshipfund		 Purpose
General fund support
Support of Fred & Jo
Nottingham fund support
Support of Phil & Vicki
Support of Jonathan & Dawn
Support of Johnny & Ann
Support of John & Ann
Support of Jonathan & Clare
Support of Ted & Rachel
Support of Elena-Jayne with Friends International
Support of Chris & Staci
Replacing bedding at IBSTE
Discretionary grants
Scholarshipfund		 Total Amount of
Grants Paid £
2,040
2,040
1,700
2,040
4,800
2,040
8,200
4,800
3,000
340
2,207
600
2,000
600		 Total Amount of
Grants Paid £
2,040
2,040
1,700
2,040
4,800
2,040
8,200
4,800
3,000
340
2,207
600
2,000
600
TOTAL 36,407
Support of Cross Teach in Nottingham
Midlands Gospel Partnership
Staff workers (Helen & Elliot) and general support
Rylands from general fund reserves
UCCF Relay workers – Marisca
Biblical counselling – Zena
NUCU Events week
Nottingham Trent CU Events weeks
Rylands from restricted funds
Mount Elim church building project		 2,040
7,611
1,200
2,720
29,000
1,250
750
1,500
250
27,152
5,926
TOTAL 79,399
Purpose
CCEF Biblical counselling studies
Theological training		 Total Amount Paid
£
720
1,470
TOTAL 2,190

Beeston Free Church Nottingham

Registered Charity Number 1160335

21

Notes to the Accounts For the Year Ended 31 March 2022 (continued)

13. Tangible Fixed Assets

a) Cost or Valuation

At 1 April 2021
Additions – in year
Disposals – in year
Balance Carried Forward		 Freehold Land
and Buildings
1,532,101
10,560
-		 Fixtures, Fittings
and Equipment
111,821
-
-		 Fixtures, Fittings
and Equipment
111,821
-
-		 Electronic and
Audio Visual
Equipment
74,678
2,923
(3,529)		 Electronic and
Audio Visual
Equipment
74,678
2,923
(3,529)		 Electronic and
Audio Visual
Equipment
74,678
2,923
(3,529)		 Total
2021/22
£
1,718,600
13,483
(3,529)
1,542,661 111,821 74,072 1,728,554
At 1 April 2021
Depreciation charge for year
Disposals
Balance Carried Forward
Net Book Value
At 1 April 2021
At 31 March 2022		 SL
2% SL
50 years
328,725
26,843
-		 SL
10% SL
10 years
104,349
1,007
-		 SL
25% SL
4 years
67,479
2,248
(882)		 Total
2021/22
£
500,553
30,098
(882)
355,568 105,356 68,845 529,769
1,203,376
1,187,093		 7,472
6,465		 7,199
5,227		 1,218,047
1,198,785

The land and building were transferred by charity deed in 2016 and have an insurance value now of £2.2 million.

14. Debtors and Prepayments

14. Debtors and Prepayments
Prepayments and Accrued Income
Other debtors
Total		 2021/22
£
8,980
16,764		 2020/21
£
8,578
25,764 8,578

15. Creditors and Accruals

Analysis of Creditors
Accruals and Deferred
Income
Total		 Amounts Falling Due within one
year
2021/22
2020/21
£
£
14,374
52,644
14,374
52,644		 Amounts Falling Due within one
year
2021/22
2020/21
£
£
14,374
52,644
14,374
52,644		 Amounts Falling Due within one
year
2021/22
2020/21
£
£
14,374
52,644
14,374
52,644		 Amounts Falling Amounts Falling Amounts Falling due after more
e year
2020/20
£
-		 due after more
e year
2020/20
£
-

year
2021/22
£
14,374
14,374
than on
2021/22
£
-
-
than on
-

Beeston Free Church Nottingham

Registered Charity Number 1160335

22

Notes to the Accounts For the Year ended 31 March 2021 (continued)

16. Fund Details

2021- 2022
Restricted Funds
Trainee
Building
Tuesday Fellowship
Under 5s
Baraniak
Alta
Total Tuesdays
Rylands Events
Growth
Taylor
Robertson
Make Lunch
Macgregor
Rylands Community
Church
Ochs
Unrestricted Funds
Overall Total 31.3.22
2020- 2021
Restricted Funds
Trainee
Building
Tuesday Fellowship
Under 5s
Baraniak
Alta
Total Tuesdays
Rylands Events
Growth
Taylor
Robertson
Make Lunch
Unrestricted Funds
Overall Total 31.3.21		 Note (see
below)
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
Note (see
below)
a
b
c
d
e
f
g
h
i
j
k
l		 Funds at
1.4.2021
9,822
1,203,376
158
223
616
219
157
673
18,955
5,562
3,013
-
-
-
-		 Incoming
19,408
-
1,409
236
1,313
307
310
682
36,680
5,615
12,391
-
245
80,801
93		 Outgoing
-
26,843
1,207
133
1,929
487
186
1,209
6,418
-
-
-
-
90,969
-		 Transfer
s
(17,000)
10,560
-
-
-
-
-
(146)
(10,560)
(5,925)
(6,850)
-
(245)
10,646
-		 Funds at
31.3.2022
12,230
1,187,093
360
326
-
39
281
-
38,657
5,252
8,554
-
-
478
93
1,242,774
280,912		 159,490
372,486		 129,381
416,028		 (19,520)
19,520		 1,253,363
256,890
1,523,686 531,976 545,409 - 1,510,253
Funds at
1.4.2020
8,013
633,194
316
346
659
287
137
825
329,748
0
0
0		 Incoming
20,490
-
238
-
1,500
29
20
219
454,353
7,631
3,013
300		 Outgoing
71
35,762
396
123
1,543
97
-
300
163,784
-
-
-		 Transfer
s
(18,610)
605,944
-
-
-
-
-
(71)
(601,362)
(2,069)
-
(300)		 Funds at
31.3.2021
9,822
1,203,376
158
223
616
219
157
673
18,955
5,562
3,013
0
973,525
267,750		 487,793
417,243		 202,076
420,549		 (16,468)
16,468		 1,242,774
280,912
1,241,275 905,036 622,625 - 1,523,686

Beeston Free Church Nottingham

Registered Charity Number 1160335

23

Notes to the Accounts

For the Year ended 31 March 2020 (continued)

Details of Funds Held

Rylands community church, a congregation of Beeston Free Church, raises funds for events and weekends away. This fund is to keep funds to cover these costs and to subsidise those who find it financially hard. The fund balance was transferred to Rylands Community Church on 31.3.2022

j) Taylor For the training costs of James Taylor (Minister in Training) This fund was established for support for James Taylor during his time as a minister in training and his theological study with Crosslands

Beeston Free Church Nottingham

Registered Charity Number 1160335

24

Notes to the Accounts

For the Year ended 31 March 2020 (continued)

k) Robertson For the training costs of Daniel Robertson (Minister in Training)

This fund was established for support for Daniel Robertson during his time as a minister in training and his theological study with Crosslands.

This fund was established to ensure grants and gifts from other charities are used for TLG Make lunch

This fund was established for Rylands Community congregation donations and expenses as they prepare to become an independent church. Fund balance will be transferred to Rylands Community Church.

This fund was established for support for Chris and Staci Ochs working at the WEC World view training centre in Tasmania. Funds will be transferred to WEC Australia quarterly.

A number of transfers were made to the general fund from restricted funds for both support costs and administrative charges in line with the trustees’ policies.

17. Analysis of Net Assets by Fund

2021 - 2022
Fixed Assets
Current Assets / Liabilities
Long Term Liabilities
2020 - 2021
Fixed Assets
Current Assets / Liabilities
Long Term Liabilities		 Unrestricted
11,692
245,198
-
256,890
Unrestricted
14,671
266,241
-
280,912		 Restricted
1,187,093
66,270
-
1,253,363
Restricted
1,203,376
39,398
-
1,242,744		 Total Funds
2022
1,198,785
311,468
-
1,510,253
Total Funds
2021
1,218,047
305,639
-
1,523,686		 Total Funds
2021
1,218,047
305,639
-
1,523,686
Total Funds
2020
641,805
599,470
-
1,241,275

Beeston Free Church Nottingham

Registered Charity Number 1160335

25

Notes to the Accounts

For the Year ended 31 March 2022 (continued)

18. Transactions with Related Parties

Name of the Trustee or
Connected Person
Legal Authority
(e.g. Order, governing documents)
George Hawkins
Constitution and Rules
David Bish
Constitution and Rules
Stephen Baraniak
Charity Commission Approval
Rebecca Thomas
Minutes of Employment and Audit Committee
Eleanor Hawkins
Minutes of Employment and Audit Committee		 Salary & Pension &

Employer NI Value
2021/22
£
51,414
45,865
40,276
30,305
9,538

*Key employees

In addition to salary and pension staff receive on average additional benefits of £200 in Life Assurance and Permanent Health Insurance

A total of £49,890 was donated to the charity by trustees and related parties in the year 2021/22 (£118,691 2020/21) A total of £100 was declared as received by trustees in ex gratia payments in 2021/22

There are no other related party transactions

19. Trustee Expenses

These are the amounts paid to trustees or third parties for expenses incurred by trustees.

Number of Trustees (or
connected persons) who
were paid expenses
Six (Eight: 2020/21)
Nature of the Expenses
Expenses in connection with their
roles as employees
Expenses in connection with their
role as trustees (conference fees)
Total Amount Paid		 2021/22
£
1,340
75		 2020/21
£
4,377
-
1,415 4,377

20. Trustee Indemnity Insurance

The charity holds Trustee Indemnity insurance. The scheme provides annual cover of a maximum of £100,000. The premium is paid with the total insurance policy.

21. Future Commitments

No future commitments. The rental commitment for Trent Vale School was terminated in March 2022.

Beeston Free Church Nottingham

Registered Charity Number 1160335

26

Notes to the Accounts For the Year ended 31 March 2022 (continued)

22. Lease Commitments

The charity continues a 5 year lease (commenced Jan 2019) for a photocopier, the quarterly payments due are £588.

23. Taxation

The charity is exempt from Corporation Tax on its charitable activities. The Elders have reviewed the church’s activities and are confident that they fulfil charitable aims and they are considered to be primary purpose.

24. Cash Flow Statement

Reconciliation of net movement in funds to new cash flows from operating activities: -

Net incoming resources
Adjustments:
Investment Income
Depreciation Charges
(Increase)/Decrease in Debtors
Increase/(Decrease) in Creditors		 2022
£
(13,433)
(556)
29,216
(17,186)
(38,270)
(40,229)		 2021
£
282,411
(1,575)
28,285
47,268
41,844
398,233

Beeston Free Church Nottingham

Registered Charity Number 1160335

27