HONITON COMMUNITY CHURCH
CHARITY NUMBER: 1162085
ANNUAL ACCOUNTS AND TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2023
Honiton Community Church CIO (Charity Number 1162085)
Accounts for the year ended 31 March 2023
Contents Page
Page
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1-2 Trustees Report 3 Statement of Trustees Responsibilities 4 Independent Examiner’s Report 5 Statement of Financial Activities 6 Balance Sheet
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7-12 Notes to the accounts
Honiton Community Church CIO (Charity Number 1162085)
Accounts for the year ended 31 March 2023
Trustees' Annual Report
Reference and Administration Details
Charity name: Honiton Community Church Other names by which the charity The Community Church. is known: The Community Church, Honiton and Sidmouth Registered charity number: 1162085 Charity's principal address: Honiton Community Church Lees Buildings King Street Honiton Devon EX14 1DH Trustees: Gillian Donne-Davis Richard Kingdon Carol Hather Clara Rose
Structure, Governance and Management
The charity is a Charitable Incorporated Organisation registered 9 June 2015.
Trustees are appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.
New trustees are suggested by the elders and trustees from the members of the church and are then finally approved by the trustees. Trustees serve for three years after which they may put themselves forward for re-appointment. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. The Trust Deed provides for a minimum of three trustees, to a maximum of twelve trustees.
On appointment, new trustees are shown the constitution, recent sets of financial statements and minutes of previous board meetings. A copy of the Charity Commission’s guidance ‘The Essential Trustee: What You Need to Know’ and ‘Public Benefit: running a charity’ are available to new trustees if requested, and they are also recommended to familiarise themselves with the guidance available at www.gov.uk ; ‘Charity Trustee: What’s Involved’.
Objectives and Activities
1) To advance the Christian faith in accordance with the statement of beliefs appearing in the schedule to the trust deed in the county of Devon and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit.
- 2) To promote and fulfil such other charitable purposes beneficial to the community in the said county of Devon and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit.
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Honiton Community Church CIO (Charity Number 1162085)
Accounts for the year ended 31 March 2023
Trustees' Annual Report (continued)
Achievements and Performance
Honiton Community Church is a member of the Commission New Frontiers grouping of Churches. The Church also has relationships with other churches and church leaders within the town.
The Church has continued to maintain a varied programme of activities. This includes associated children’s work, with other adult and youth meetings during the week.
During the year, the main Sunday morning meetings were held at The Beehive Community Centre, Honiton. Mid-week meetings were held at Meadow View Chapel, Honiton, and at The Kings Centre, Lees Buildings, High Street, Honiton.
The church has engaged in a variety of social action projects including:
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1) Honiton Food Bank
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2) Warm Space – coffee & chat
The Church has also continued to support churches in India.
Reserves Policy
Unrestricted general are held in order that the charity would be able to continue its activities in the event of a significant drop in funding in the short term until alternative sources were secured.
The amount of reserve that will be held will be at least £40,000. This equates to approximately three months of unavoidable costs. These include the salaries of the employees of the charity.
The trustees declare that they have approved the trustees’ report above
Signed on behalf of the charity’s trustees on 31 January 2024
Richard Kingdon
Chair of Trustees
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Honiton Community Church CIO (Charity Number 1162085)
Accounts for the year ended 31 March 2023
Statement of Trustees Responsibilities
The Trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdon Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence.
The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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Honiton Community Church CIO (Charity Number 1162085)
Accounts for the year ended 31 March 2023
Independent Examiner's Report to the Trustees of Honiton Community Church Charitable Incorporated Organisation (the CIO)
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2023.
Respective responsibilities of trustees and examiner
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 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiners’ statement
Since the charity’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 Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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(1) accounting records were not kept in respect of the CIO as required by section 130 of the Act; or
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(2) the accounts do not accord with those records; or
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(3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mrs M French FCCA
Independent examiner Westcotts (SW) LLP Queens House New Street Honiton, Devon EX14 1BJ Dated: 31 January 2024
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Honiton Community Church CIO (Charity Number 1162085)
Accounts for the year ended 31 March 2023
Statement of Financial Activities
| Note Incoming resources: Donations and legacies Voluntary income: Offerings: General offerings Gift Aided Restricted income Income tax reclaimed Investment income: bank interest Other incoming resources Total incoming resources Resources expended: Expenditure on charitable activities 2 Total resources expended Net incoming resources Transfers Total funds brought forward Total funds carried forward |
Unrestricted Funds £ 8,714 138,124 - 35,079 781 2,266 184,964 167,731 167,731 17,233 - 352,594 369,827 |
Restricted Funds £ - 85,299 5,225 - - 90,524 28,877 28,877 61,647 - 79,468 141,115 2023 |
Total Funds £ 8,714 138,124 85,299 40,304 781 2,266 275,488 196,608 196,608 78,880 - 432,062 510,942 |
2022 Total Funds £ 21,867 116,721 102,411 44,083 6 170 |
|---|---|---|---|---|
| 285,258 | ||||
| 215,240 | ||||
| 215,240 | ||||
| 70,018 - 362,044 |
||||
| 432,062 |
The notes form an integral part of these accounts
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Honiton Community Church CIO (Charity Number 1162085)
Accounts as at 31 March 2023
Balance Sheet
| Note Fixed Assets Tangible assets: Property 7 Current Assets Debtors 8 Cash at bank and in hand 9 10 Net current assets Net assets Funds Unrestricted funds Restricted funds Total funds 11 Creditors: amounts falling due within one |
Unrestricted £ 280,666 22,832 70,884 93,716 4,555 89,161 369,827 |
Restricted £ - 3,163 137,952 141,115 - 141,115 141,115 2023 |
Total £ 280,666 25,995 208,836 234,831 4,555 230,276 510,942 369,827 141,115 510,942 |
2022 Total £ 284,166 |
|---|---|---|---|---|
| 26,488 126,776 |
||||
| 153,264 5,368 |
||||
| 147,896 | ||||
| 432,062 | ||||
| 352,594 79,468 |
||||
| 432,062 |
The notes form an integral part of these accounts
The trustees declare that they have approved the above. Signed on behalf of the charity's trustees on 31 January 2024
Richard Kingdon Chair of Trustees
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Honiton Community Church CIO (Charity Number 1162085)
Accounts for the year ended 31 March 2023
Notes to the Accounts
1 Principal Accounting Policies 1.1 Basis of preparation The 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 applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). 1.2 Tangible fixed assets Freehold property is initially recorded at cost, and subsequently stated at cost less any accumulated depreciation. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Property - 1% straight line. 1.3 Incoming Resources All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability. Donations Voluntary income is included in the Statement of Financial Activities during the year in which it is receivable together with any income tax reclaimable thereon. Investment income Income from investment is included in the year in which it is receivable. Other incoming resources Other incoming resources are included in the period in which they are receivable. 1.4 Resources expended Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Charitable activities Charitable activities includes all direct and indirect costs incurred by the charity in meeting its charitable objects.
Governance costs
Governance activities comprise all costs incurred in running the charity itself as an organisation and its compliance with regulation and good practice.
1.5 Taxation
Under section 505 ICTA 1988 the charity is exempt from certain taxes. Full account is taken of tax credits attaching to gifts and qualifying donations.
1.6 Value added tax:
The charity is not registered for value added tax. Irrecoverable value added tax is aggregated along with the expenditure to which it relates.
1.7 Pension costs
The charity operates a defined contribution scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The amount charged against income represents the contributions payable to the scheme in respect of the accounting period.
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Honiton Community Church CIO (Charity Number 1162085)
Accounts for the year ended 31 March 2023
Notes to the Accounts
| 2 Expenditure on charitable activities by fund type Governance costs (note 3) Charitable activities (note 4) Governance costs (note 3) Charitable activities (note 4) 3 Governance Costs 2023 Unrestricted £ Professional fees 1,539 Independent examination fee 169 1,708 |
2 Expenditure on charitable activities by fund type Governance costs (note 3) Charitable activities (note 4) Governance costs (note 3) Charitable activities (note 4) 3 Governance Costs 2023 Unrestricted £ Professional fees 1,539 Independent examination fee 169 1,708 |
Unrestricted Restricted Total Funds Funds Funds 2023 1,708 - 1,708 166,023 28,877 194,900 |
|---|---|---|
| 167,731 28,877 196,608 |
||
| Unrestricted Restricted Total Funds Funds Funds 2022 3,122 - 3,122 172,526 39,592 212,118 |
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| 175,648 39,592 215,240 |
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| Total 2022 Restricted Funds Total £ £ £ - 1,539 2,168 - 169 954 |
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| 1,708 | - 1,708 3,122 |
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Honiton Community Church CIO (Charity Number 1162085)
Accounts for the year ended 31 March 2023
Notes to the Accounts (continued)
| 4 Charitable Activities Salary Employers N.I. Pension General rates Water rates Heating & Lighting Telephone Printing , postage and stat Cleaning, etc Office refreshments Premises maintenance Depreciation Premises hire Insurance Guest speakers Copyright licence Memberships Training Conferences & Family Days Refreshments & social events Bank charges New equipment Books General equip maintenance & hire Crèche & Toddlers Activ8 Materials Y.P & Youth Events Community Action Alpha Advertising Gifts given Gifts to Commission Pastoral gifts Hospice Care India gift Lighthouse Church (Sidmouth) Choma orphange |
Unrestricted £ 103,049 4,363 3,408 233 331 5,722 1,399 2,108 3,803 24 5,529 3,500 8,951 2,118 375 1,104 509 - 728 2,037 138 1,849 400 1,977 35 545 482 34 639 939 560 3,300 884 - 4,950 - - 166,023 |
Restricted £ - - - - - - - - - - - - - - - - - - - - - - - - 20,521 - - - - - 184 310 7,862 - 28,877 2023 |
Total £ 103,049 4,363 3,408 233 331 5,722 1,399 2,108 3,803 24 5,529 3,500 8,951 2,118 375 1,104 509 - 728 2,037 138 1,849 400 1,977 35 545 482 20,555 639 939 560 3,300 884 184 5,260 7,862 - 194,900 |
2022 Total £ 101,336 5,517 2,274 98 292 3,730 1,434 2,811 3,981 16 5,113 3,500 10,941 1,737 - 250 1,864 1,175 234 2,484 191 1,994 4 699 - 157 506 32,284 1,341 1,250 455 3,875 - - 9,075 - 11,500 |
|---|---|---|---|---|
| 212,118 |
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Honiton Community Church CIO (Charity Number 1162085)
Accounts for the year ended 31 March 2023
Notes to the Accounts (continued)
5 Staff costs
| Staff costs | ||
|---|---|---|
| Wages and salaries Employer’s National Insurance Pension costs |
Total 2023 £ 103,049 4,363 3,408 110,820 |
Total 2022 £ 101,336 5,517 2,274 |
| 109,127 |
The average number of full time equivalent employees during the year was 3 (2022: 3).
No remuneration has been paid to the Trustees in either current or preceding period. The charity has not met any individual expenses incurred by Trustees for services provided to the charity. No employee (2022: zero) received emoluments over £60,000 in the year.
6 Related party
During the year the charity did not enter into any related party transactions (2022: Nil ).
7 Fixed Assets
| Cost At 1 April 2022 and 31 March 2023 Accumulated depreciation At 1 April 2022 Depreciation for the year At 31 March 2023 Net Book Value At 31 March 2023 At 31 March 2022 |
Freehold Property Total £ 336,666 |
|---|---|
| 52,500 3,500 |
|
| 56,000 | |
| 280,666 | |
| 284,166 |
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Honiton Community Church CIO (Charity Number 1162085)
Accounts for the year ended 31 March 2023
Notes to the Accounts (continued)
8 Debtors
| 8 Debtors |
|||
|---|---|---|---|
| Unrestricted £ Room hire - Income Tax reclaim due 22,832 22,832 9 Cash at bank and in hand Unrestricted £ CAF Bank Gold Account - CAF Bank Current Account 70,884 Petty cash - 70,884 10 Creditors: amounts falling due within one year Unrestricted £ 1,231 Payroll costs 2,224 Accruals: accountancy 1,100 4,555 Barclaycard |
Restricted £ - 3,163 3,163 Restricted £ 101,146 36,806 - 137,952 Restricted £ - - - - 2023 2023 2023 |
Total £ - 25,995 25,995 Total £ 101,146 107,690 - 208,836 Total £ 1,231 2,224 1,100 4,555 |
2022 Total £ 80 26,408 |
| 26,488 | |||
| 2022 Total £ 39,477 87,288 11 |
|||
| 126,776 | |||
| 2022 Total £ 993 2,400 1,975 |
|||
| 5,368 |
11 Analysis of charitable funds
| Unrestricted Funds General funds General funds |
Balance at 1 April 21 £ 345,395 Balance at 1 April 22 £ 352,594 |
Incoming Resources £ 182,847 Incoming Resources £ 184,964 |
Resources Expended £ 175,648 Resources Expended £ 167,731 |
Transfers £ - Transfers £ - |
Balance at 31 March 22 £ 352,594 |
|---|---|---|---|---|---|
| Balance at 31 March 23 £ 369,827 |
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Honiton Community Church CIO (Charity Number 1162085)
Accounts for the year ended 31 March 2023
Notes to the Accounts (continued)
| 11 Restricted Funds Choma Orphanage India Commission Foodbank Meadow View Tear fund Alpha India Foodbank Meadow View Tear Fund Community Coffee Club Lighthouse Church |
Balance at 1 April 21 £ - 9,360 575 6,714 - - - 16,649 Balance at 1 April 22 £ 310 - 78,974 184 - - 79,468 |
Incoming Resources £ 5,670 25 - 17,508 78,974 184 50 102,411 Incoming Resources £ - 31,094 22,700 - 923 35,807 90,524 |
Resources Expended £ (5,670) (9,075) (575) (24,222) - - (50) (39,592) Resources Expended £ (310) (20,366) - (184) (155) (7,862) (28,877) - |
Transfers £ - - - - - - - - Transfers £ - - - - - |
Balance at 31 March 22 £ - 310 - - 78,974 184 - |
|---|---|---|---|---|---|
| 79,468 | |||||
| Balance at 31 March 23 £ - 10,728 101,674 - 768 27,945 |
|||||
| 141,115 | |||||
Purpose of restricted funds
Meadow View - relates to monies raised for the purchase and improvement of Meadow View Chapel
India - relates to monies raised to support churches in India
Commission - relates to monies raised for our group of churches
Foodbank - related to monies to support our Foodbank
Choma Orphanage - relates to monies collected to send to Zambian orphanage.
Tear Fund - relates to money raised at Christmas
Alpha - Monies given towards the cost of our Alpha course
Community Coffee Club - relates to monies raised to find the Community Coffee Club.
Lighthouse Church - relates to monies received to support the new church in Sudmouth.
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