## **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 annual report of the charity explaining the activities undertaken in the year, how the charity met its public benefit objectives and the way the church is managed. 

- The annual financial report for the financial year ended 31[st] March 2022, the required statements and notes to the accounts. 

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:- 

- 1)  The advancement of the Christian faith in accordance with the basis of faith primarily but not exclusively within Beeston, Nottinghamshire and the surrounding neighbourhood; and 

- 2)  Such other charitable purposes as shall, in the opinion of the charity trustees, further the work of the church. 

## _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 

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## 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: 

- Provision of children’s and youth groups for 5-18 year olds on weekdays. 

- Provision of a community group for children under 5 and their carers. 

- Provision of activities and groups for both UK and international students. 

- Provision of teaching courses for those seeking to learn more about the Christian faith. 

- An extensive programme of bible study groups, social groups and training involving the volunteers who lead and support these groups 

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 

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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 

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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: 

- _Additional Sunday capacity_ 

- _Community ministries_ 

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

- _Church planting_ : 

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. 

- _National Mission_ : 

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. 

- _Global mission_ 

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. 

- _Building Development_ 

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 

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## _**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 

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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 

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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|<br>_Senior Minister_|
|---|---|---|
||Dave Bish|_Associate minister_|
||Steve Baraniak|_Assistant minister_|
||John Goodwin|<br>_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|<br>_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 

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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 

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## 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 

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## **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: 

- 1) Accounting records were not kept as required by Section 130 of the Act; or 2) The accounts do not accord with those records. 

- 3) 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 (FRS102). 

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 

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## **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 

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## **Balance Sheet As at 31 March 2022** 

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

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## **Cash Flow Statement as at 31 March 2022** 

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



Beeston Free Church Nottingham 

Registered Charity Number 1160335 

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## **Notes to the Accounts For the Year Ended 31 March 2022** 

## **1. Basis of Accounting and going concern** 

- The accounts (financial statements) have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities, the Financial Reporting Standard for Smaller Entities (FRSSE), and the Charities Act 2011 and applicable regulations. 

- The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. 

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. 

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Registered Charity Number 1160335 

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**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**<br>Donations & Gift aid<br>Other Grants and Gifts<br>Legacies<br>**4. Activities for Generating Funds**<br>Books and Audio Sales<br>Photocopying Receipts<br>**5. Charitable Activities - Income**<br>Operation of Beeston Free Church Nottingham<br>and delivery of mission costs<br>Sales & Events<br>Under 5’s Income<br>Alta<br>Total Tuesdays<br>**6. Charitable Activities - Expenses**<br>Total Staff Costs (note 8 & 10)<br>International and UK Mission (note 12)<br>Ministry of Beeston<br>Property and Utilities<br>Administration<br>Compliance and Membership<br>Sales and Events<br>Finance Depreciation and Miscellaneous<br>Loss on disposal of fixed assets<br>Support / Governance Costs (note 8)||**Unrestricted**<br>358,471<br>1,805<br>-<br>360,276<br>-<br>-<br>-<br>11,654<br>-<br>-<br>-<br>11,654<br>226,512<br>85,460<br>9,578<br>20,422<br>19,818<br>3,672<br>11,505<br>3,351<br>-<br>35,710<br>416,028||**Restricted**<br>139,834<br>2,000<br>16,784<br>158,618<br>-<br>-<br>-<br>19<br>236<br>307<br>310<br>872<br>55,231<br>33,078<br>7,502<br>-<br>1,812<br>373<br>20<br>26,843<br>2,647<br>1,875<br>129,381||**Total**<br>**2021/22**<br>498,305<br>3,805<br>16,784<br>518,894<br>1,390<br>35<br>1,425<br>11,673<br>236<br>307<br>310<br>12,526<br>281,743<br>118,538<br>17,080<br>20,422<br>21,630<br>4,045<br>11,525<br>32,841<br>-<br>37,585<br>545,409||**Total**<br>**2020/21**<br>899,699<br>2,288|
|---|---|---|---|---|---|---|---|---|
|||||||||901,987|
|||||||||1,390<br>35|
|||||||||1,425|
|||||||||-<br>-<br>29<br>20|
|||||||||49|
|||||||||261,726<br>170,702<br>13,934<br>14,557<br>18,617<br>9,098<br>-<br>73,482<br>11,207<br>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**<br>**Related**<br>**party**<br>AIM<br>No<br>AWM<br>No<br>Pricilla Project<br>No<br>TLG<br>No<br>UFM<br>No<br>Total||**Amount received**<br>**2021/22**<br>**£**<br>**2020/21**<br>**£**<br>-<br>11,264<br>500<br>-<br>50<br>-<br>430<br>-<br>100<br>-|**Amount received**<br>**2021/22**<br>**£**<br>**2020/21**<br>**£**<br>-<br>11,264<br>500<br>-<br>50<br>-<br>430<br>-<br>100<br>-|**Amount paid out**<br>**2021/22**<br>**£**<br>**2020/21**<br>**£**<br>-<br>11,264<br>500<br>-<br>50<br>-<br>430<br>-<br>100<br>-|**Amount paid out**<br>**2021/22**<br>**£**<br>**2020/21**<br>**£**<br>-<br>11,264<br>500<br>-<br>50<br>-<br>430<br>-<br>100<br>-|**Balance held at**<br>**period end**<br>**2021/22**<br>**£**<br>**2020/21**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**Balance held at**<br>**period end**<br>**2021/22**<br>**£**<br>**2020/21**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|
|---|---|---|---|---|---|---|---|
|||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<br>Costs<br>Administration<br>Statutory Fees (note 9)<br>Legal and Other Professional<br>Fees<br>Total||**Charitable**<br>**Activities**<br>**£**<br>254,424<br>27,319<br>-<br>-|**Support/**<br>**Governance**<br>**Function**<br>**£**<br>10,283<br>23,862<br>1,380<br>2,060|**Support/**<br>**Governance**<br>**Function**<br>**£**<br>10,283<br>23,862<br>1,380<br>2,060|**Total**<br>**2021/22**<br>**Total**<br>**2020/21**<br>**Basis of**<br>**Apportionment**<br>**£**<br>**£**<br>264,707<br>261,726<br>Allocated on time<br>51,181<br>46,273<br>Allocated on time<br>1,380<br>1,320<br>Governance<br>2,060<br>245<br>Governance<br>319,328<br>309,564|**Basis of**<br>**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<br>Employers National Insurance Costs<br>Pension Costs (note 11)<br>All other staff related Costs<br>Total Staff Costs<br>Allocation of Staff Costs:-<br>Charitable Activities<br>Administration<br>b) Number of Employees at the Year end<br>Ministry<br>Management<br>Administration<br>Trainees<br>**Total**||**2021/22**<br>**£**<br>245,180<br>15,949<br>33,798<br>20,961<br>315,888<br>264,707<br>51,181<br>315,888<br>**2021/22**<br>6<br>1<br>2<br>3<br>12||**2020/21**<br>**£**<br>244,735<br>14,572<br>32,281<br>16,411|
|---|---|---|---|---|
|||||307,999|
|||||261,726<br>46,273|
|||||307,999|
|||||**2020/21**<br>5<br>1<br>2<br>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**<br>**Global Mission **<br>**£**<br>36,407|**Grants to Institutions**<br>**National Mission**<br>**£**<br>79,399|**Grants to**<br>**individuals**<br>**£**<br>2,190|**Total Amount**|
|---|---|---|---|
||||**£**<br>117,996|



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

a) Grants made to Institutions 

|**Name of UK based**<br>**Institutions**<br>**Global Mission**<br>AIM<br>AWM<br>Friends International<br>OMF<br>UFM<br>UFM<br>UFM<br>UFM<br>SIM<br>Stewardship<br>WEC<br>IBSTE<br>UFM<br>Worldview Australia<br>**National Mission**<br>Cross Teach Nottingham<br>FIEC<br>MGP<br>UCCF<br>Rylands Community Church<br>Stewardship<br>City Church Manchester<br>NUSU<br>NTU<br>Rylands Community Church<br>Mount Elim Church<br>b) Grants made to individuals<br>**Name of Individual**<br>Laura Perbet<br>Chris Schofield|**Purpose**<br>General fund support<br>Support of Fred & Jo<br>Nottingham fund support<br>Support of Phil & Vicki<br>Support of Jonathan & Dawn<br>Support of Johnny & Ann<br>Support of John & Ann<br>Support of Jonathan & Clare<br>Support of Ted & Rachel<br>Support of Elena-Jayne with Friends International<br>Support of Chris & Staci<br>Replacing bedding at IBSTE<br>Discretionary grants<br>Scholarshipfund|**Purpose**<br>General fund support<br>Support of Fred & Jo<br>Nottingham fund support<br>Support of Phil & Vicki<br>Support of Jonathan & Dawn<br>Support of Johnny & Ann<br>Support of John & Ann<br>Support of Jonathan & Clare<br>Support of Ted & Rachel<br>Support of Elena-Jayne with Friends International<br>Support of Chris & Staci<br>Replacing bedding at IBSTE<br>Discretionary grants<br>Scholarshipfund||**Total Amount of**<br>**Grants Paid £**<br>2,040<br>2,040<br>1,700<br>2,040<br>4,800<br>2,040<br>8,200<br>4,800<br>3,000<br>340<br>2,207<br>600<br>2,000<br>600|**Total Amount of**<br>**Grants Paid £**<br>2,040<br>2,040<br>1,700<br>2,040<br>4,800<br>2,040<br>8,200<br>4,800<br>3,000<br>340<br>2,207<br>600<br>2,000<br>600|
|---|---|---|---|---|---|
|||||||
||TOTAL||||36,407|
||Support of Cross Teach in Nottingham<br>Midlands Gospel Partnership<br>Staff workers (Helen & Elliot) and general support<br>Rylands from general fund reserves<br>UCCF Relay workers  – Marisca<br>Biblical counselling – Zena<br>NUCU Events week<br>Nottingham Trent CU Events weeks<br>Rylands from restricted funds<br>Mount Elim church building project||||2,040<br>7,611<br>1,200<br>2,720<br>29,000<br>1,250<br>750<br>1,500<br>250<br>27,152<br>5,926|
|||TOTAL|||79,399|
||**Purpose**<br>CCEF Biblical counselling studies<br>Theological training||**Total Amount Paid**<br>**£**<br>720<br>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<br>Additions – in year<br>Disposals – in year<br>Balance Carried Forward||**Freehold Land**<br>**and Buildings**<br>1,532,101<br>10,560<br>-|**Fixtures, Fittings**<br>**and Equipment**<br>111,821<br>-<br>-|**Fixtures, Fittings**<br>**and Equipment**<br>111,821<br>-<br>-|**Electronic and**<br>**Audio Visual**<br>**Equipment**<br>74,678<br>2,923<br>(3,529)|**Electronic and**<br>**Audio Visual**<br>**Equipment**<br>74,678<br>2,923<br>(3,529)|**Electronic and**<br>**Audio Visual**<br>**Equipment**<br>74,678<br>2,923<br>(3,529)|**Total**<br>**2021/22**<br>**£**<br>1,718,600<br>13,483<br>(3,529)|
|---|---|---|---|---|---|---|---|---|
||||||||||
||||||||||
|||1,542,661||111,821|||74,072|1,728,554|



- b) Accumulated Depreciation and Impairment Provisions 

|At 1 April 2021<br>Depreciation charge for year<br>Disposals<br>Balance Carried Forward<br>Net Book Value<br>At 1 April 2021<br>At 31 March 2022||**SL**<br>**2% SL**<br>**50 years**<br>328,725<br>26,843<br>-|**SL**<br>**10% SL**<br>**10 years**<br>104,349<br>1,007<br>-|**SL**<br>**25% SL**<br>**4 years**<br>67,479<br>2,248<br>(882)|**Total**<br>**2021/22**<br>**£**<br>500,553<br>30,098<br>(882)|
|---|---|---|---|---|---|
|||355,568|105,356|68,845|529,769|
|||||||
|||1,203,376<br>1,187,093|7,472<br>6,465|7,199<br>5,227|1,218,047<br>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<br>Other debtors<br>Total||**2021/22**<br>**£**<br>8,980<br>16,764|**2020/21**<br>**£**<br>8,578|
|||25,764|8,578|



## **15. Creditors and Accruals** 

|**Analysis of Creditors**<br>Accruals and Deferred<br>Income<br>Total||**Amounts Falling Due within one**<br>**year**<br>**2021/22**<br>**2020/21**<br>**£**<br>**£**<br>14,374<br>52,644<br>14,374<br>52,644|**Amounts Falling Due within one**<br>**year**<br>**2021/22**<br>**2020/21**<br>**£**<br>**£**<br>14,374<br>52,644<br>14,374<br>52,644|**Amounts Falling Due within one**<br>**year**<br>**2021/22**<br>**2020/21**<br>**£**<br>**£**<br>14,374<br>52,644<br>14,374<br>52,644||**Amounts Falling**|**Amounts Falling**|**Amounts Falling**|**due after more**<br>**e year**<br>**2020/20**<br>**£**<br>-|**due after more**<br>**e year**<br>**2020/20**<br>**£**<br>-|
|---|---|---|---|---|---|---|---|---|---|---|
||||<br>**year**<br>**2021/22**<br>**£**<br>14,374<br>14,374||||<br>**than on**<br>**2021/22**<br>**£**<br>-<br>-|<br>**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**<br>**Restricted Funds**<br>Trainee<br>Building<br>Tuesday Fellowship<br>Under 5s<br>Baraniak<br>Alta<br>Total Tuesdays<br>Rylands Events<br>Growth<br>Taylor<br>Robertson<br>Make Lunch<br>Macgregor<br>Rylands Community<br>Church<br>Ochs<br>**Unrestricted Funds**<br>Overall Total 31.3.22<br>**2020- 2021**<br>**Restricted Funds**<br>Trainee<br>Building<br>Tuesday Fellowship<br>Under 5s<br>Baraniak<br>Alta<br>Total Tuesdays<br>Rylands Events<br>Growth<br>Taylor<br>Robertson<br>Make Lunch<br>**Unrestricted Funds**<br>Overall Total 31.3.21|**Note (see**<br>**below)**<br>a<br>b<br>c<br>d<br>e<br>f<br>g<br>h<br>i<br>j<br>k<br>l<br>m<br>n<br>o<br>**Note (see**<br>**below)**<br>a<br>b<br>c<br>d<br>e<br>f<br>g<br>h<br>i<br>j<br>k<br>l||**Funds at**<br>**1.4.2021**<br>9,822<br>1,203,376<br>158<br>223<br>616<br>219<br>157<br>673<br>18,955<br>5,562<br>3,013<br>-<br>-<br>-<br>-|**Incoming**<br>19,408<br>-<br>1,409<br>236<br>1,313<br>307<br>310<br>682<br>36,680<br>5,615<br>12,391<br>-<br>245<br>80,801<br>93|**Outgoing**<br>-<br>26,843<br>1,207<br>133<br>1,929<br>487<br>186<br>1,209<br>6,418<br>-<br>-<br>-<br>-<br>90,969<br>-|**Transfer**<br>**s**<br>(17,000)<br>10,560<br>-<br>-<br>-<br>-<br>-<br>(146)<br>(10,560)<br>(5,925)<br>(6,850)<br>-<br>(245)<br>10,646<br>-|**Funds at**<br>**31.3.2022**<br>12,230<br>1,187,093<br>360<br>326<br>-<br>39<br>281<br>-<br>38,657<br>5,252<br>8,554<br>-<br>-<br>478<br>93|
|---|---|---|---|---|---|---|---|
||||1,242,774<br>280,912|159,490<br>372,486|129,381<br>416,028|(19,520)<br>19,520|1,253,363<br>256,890|
||||1,523,686|531,976|545,409|-|1,510,253|
||||**Funds at**<br>**1.4.2020**<br>8,013<br>633,194<br>316<br>346<br>659<br>287<br>137<br>825<br>329,748<br>0<br>0<br>0|**Incoming**<br>20,490<br>-<br>238<br>-<br>1,500<br>29<br>20<br>219<br>454,353<br>7,631<br>3,013<br>300|**Outgoing**<br>71<br>35,762<br>396<br>123<br>1,543<br>97<br>-<br>300<br>163,784<br>-<br>-<br>-|**Transfer**<br>**s**<br>(18,610)<br>605,944<br>-<br>-<br>-<br>-<br>-<br>(71)<br>(601,362)<br>(2,069)<br>-<br>(300)|**Funds at**<br>**31.3.2021**<br>9,822<br>1,203,376<br>158<br>223<br>616<br>219<br>157<br>673<br>18,955<br>5,562<br>3,013<br>0|
||||973,525<br>267,750|487,793<br>417,243|202,076<br>420,549|(16,468)<br>16,468|1,242,774<br>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** 

- a) **Trainee For the personal support of Trainees in the Beeston Free Trainee Scheme** This fund is to help defray the cost of employing our trainees each year. Trainees are encouraged to fund raise as part of their training. This both enables them to experience the challenges of raising personal support which is an almost inevitable activity for those continuing in Christian work and enables home churches, friends and families to partner with us in the support of the trainees during the year they are working and serving with us 

- b) **Building For the holding property assets.** Expenditure in the year represents the building work completed less depreciation charged. 

- c) **Tuesday For the Tuesday Fellowship group Fellowship** Tuesday Fellowship is a mid-week group for the retired. Each meeting they take a collection which is used to cover expenses of visiting speakers, the group's expenses and donations to charities that the group chooses to support. This year they have given to Our Daily Bread Ministries, Cross Teach, Friends International and Tearfund. 

- d) **Under 5s For the Under 5’s group** 

   - Under 5’s is a group for parents/carers and under 5’s that meets on a Monday morning during term time in the church halls. Small contributions are taken each week, which are used for refreshments, toys and craft supplies – and Christmas and Easter events. 

- e) **Baraniak For the training costs of Steve Baraniak (Assistant Minister)** 

   - This fund was established to support Stephen Baraniak during his time as a minister in training as he worked to help set up the new congregation in Beeston Rylands and studied with the distance learning programme of RTS. This fund will continue to cover Steve’s theological college tuition fees. The fund balance was transferred to Rylands Community Church on 31.3.2022 

- f) **Alta For the Alta youth group funds** Alta is a youth group that meets on a Friday night during term time. Small contributions are taken each week to buy resources and fund the activities. 

- g) **Total For the Total Tuesdays youth group funds Tuesdays** Total Tuesdays is a children’s club that meets on a Tuesday night during term time. Small contributions are taken each week to buy resources and fund the activities. The fund is to keep surplus funds to enable Total Tuesdays to be able to subsidise trips and weekends away for those who find it financially hard. 

- h) **Rylands For Rylands Events Events** 

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 

- i) **Growth For Growth Fund** 

   - Gifts made to this fund will be used for the refurbishment and extension of the building at Salthouse Lane and associated professional fees and supporting national mission through partnering with other like-minded churches 

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. 

- l) **Make lunch For TLG Make lunch** 

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

- m) **Macgregor For the training costs of Anne Macgregor (Ministry worker in Training)** This fund was established for support for Anne Macgregor during her time as a ministry worker in training and her theological study with Crosslands 

- n) **Rylands Rylands Community Church Community Church** 

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. 

- o) **Ochs Ochs** 

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

- a) Remuneration and Benefits 

|**Name of the Trustee or**<br>**Connected Person**<br>**Legal Authority**<br>**(e.g. Order, governing documents)**<br>George Hawkins *<br>Constitution and Rules<br>David Bish<br>Constitution and Rules<br>Stephen Baraniak<br>Charity Commission Approval<br>Rebecca Thomas *<br>Minutes of Employment and Audit Committee<br>Eleanor Hawkins<br>Minutes of Employment and Audit Committee|**Salary & Pension  &**|
|---|---|
||<br>**Employer NI Value**<br>**2021/22**<br>**£**<br>51,414<br>45,865<br>40,276<br>30,305<br>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 

- b) Other Transactions with Trustees or Related Parties 

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**<br>**connected persons) who**<br>**were paid expenses**<br>Six       (Eight: 2020/21)<br>**Nature of the Expenses**<br>Expenses in connection with their<br>roles as employees<br>Expenses in connection with their<br>role as trustees (conference fees)<br>**Total Amount Paid**||**2021/22**<br>**£**<br>1,340<br>75|**2020/21**<br>**£**<br>4,377<br>-|
|---|---|---|---|
|||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<br>Adjustments:<br>Investment Income<br>Depreciation Charges<br>(Increase)/Decrease in Debtors<br>Increase/(Decrease) in Creditors||**2022**<br>**£**<br>(13,433)<br>(556)<br>29,216<br>(17,186)<br>(38,270)<br>(40,229)||**2021**<br>**£**<br>282,411<br>(1,575)<br>28,285<br>47,268<br>41,844|
|---|---|---|---|---|
|||||398,233|



Beeston Free Church Nottingham 

Registered Charity Number 1160335 

27