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2022-12-31-accounts

. Caterham Community Church

Report and Accounts 2022 Year ended 31 December

Caterham Community Church

CHARITY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2022

Trustees

David Chadwick (retired April 2022)

Angela Foreman (term expired 27/9/22; co-opted until April 2023) Anthony Watson Steve Bidwell

John Bowdery (co-opted November 2022 and subsequently elected March 2023) John Garwood (co-opted November 2022 and subsequently elected March 2023)

Key Staff

David Chadwick - Minister (Retired April 2022) Jacqui Porcel - Pre-School Manager Jo Trowbridge- Counselling Centre Manager

Governing Document

Charity Registration Number

Constitution dated 8/9/2015 Amended 6/12/2020 1163464

Principal Address

Coulsdon Road Caterham CR3 5NF

Independent Examiner

Archie McDowall BA, CA Stewardship 1 Lamb's Passage London EC1Y BAB

Bankers

CAF Bank 25 Kings Hill Avenue Kings Hill West Malling ME 19 4TA

Contents Page
Charity Information 1
Trustees' Annual Report 2-8
lndependerJt Examiner's Report 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Accounts 12-19
Detailed Statement of Financial Activities with Comparatives 20

TRUSTEES' ANNUAL REPORT

For the period i[st ] January to 3i[5t ] December 2022

Charity Registration No 1163464

2

Caterham Community Church

Report of the Trustees for the period 1[st ] January to 31[st ] December 2022

The Trustees present their annual report and independently examined financial statements for the period ended 3p[t ] December 2022 and confirm they comply with the Charities Act 1993, as amended by the Charities Act, the Church's Constitution and the Charities SORP.

Reference and administrative information

Charity Name Caterham Community Church Charity Registration Number 1163464 Principal Office Caterham Community Church Coulsdon Road Caterham Surrey CR3 SNF

Caterham Community Church

Board of Trustees

David Chadwick (Retired April 2022)

Angela Foreman (term expired 27 [th ] September 2022 - co-opted until 30 April 2023) Anthony Watson

Stephen Bidwell

John Bowdery (co-opted November 2022 and subsequently elected March 2023) John Garwood {co-opted November 2022 and subsequently elected March 2023)

Key staff members

David Chadwick - Minister (Retired April 2022) Jacqui Parcel - Pre-School Manager Jo Trowbridge - Counselling Centre Manager

Key volunteer roles

John Bowdery- Elder Michael Hawkins - Elder Heather McDowell - Elder

Independent Examiner

Bank

Stewardship Services CAF Bank Ltd, 1 Lamb's Passage 25 Kings Hill Avenue, London Kings Hill, EC1A8AB West Malling, ME19 4JQ.

Advisers on charitable, tax and employment matters

Stewardship Services, 1 Lamb's Passage, London ECl Y 8AB

3

Advisers on safeguarding

Thirty-One: Eight, PO Box 133, Swanley, Kent, BR8 7UQ.

Objectives and activities

The object of the Church, as set out in its constitution is :-

"the advancement of the Christian faith for the public benefit".

The Church's principal activities to further this object are :-

Alongside the return to face to face meeting for most activities, the Church has maintained a higher profile on social media, building on lessons learned during the Covid-19 pandemic.

The Trustees confirm that they have had regard to the Charity Commission's guidance on public benefit. Furthermore, it is central to the church's ethos that we should bring blessing to the wider local community.

Following amendments to the Church's governing document in 2021, some formal meetings, including those at which all Church members have a right to vote, have continued to be held electronically or in hybrid form for the convenience of members, and some counselling services are also offered via online platforms.

4

Volunteers

None of the church's activities could operate without the huge efforts made by our members who receive no payment for doing so.

Achievements and performance

Financial review

Overview and Reserves

The total income in the period was £303,915. The total expenditure was £266,591, of which £10,550 was spent outside England and Wales.

The income in 2022 was less than in 2021 , notably because in 2021 we sold on the buildings at 61 Westway. These had been acquired as part of a package with the buildings at 63-65 Westway. However, while the premises at 63-65 were already serving a useful purpose and offer potential for increasing our benefit to the community, we had no foreseeable use for 61. An offer from the tenant to purchase it was therefore accepted, and this enabled us to pay off the outstanding mortgage on the whole site, although it also ended the rental income we had been receiving on it.

At the end of 2022 the charity held a cash balance of £141,387 and total net assets of £1,037,057. The Trustees ensure that the annual budget is realistic and includes sufficient contingency to meet our short-term obligations, although these have fallen since we have not replaced our Minister who

5

retired early in 2022. The Trustees are satisfied that the charity will have sufficient income, supported by adequate reserves, to meet its spending plans and obligations going f[o] rward.

It is the policy of the Trustees to maintain reserves to meet three months of salary/wages commitments. This modest reserve is considered adequate given our financial obligations and the considerable value of the unencumbered property held.

Sources of income

Much of the church's income is in the f[o] rm of donations from its members and others attending its services. The level of this giving is remarkable. There are around 80 members and the general donation income from members and attenders in this period exceeded £112,411 including the Gift Aid tax refund.

Noah's Ark Pre-school and the Counselling Centre receive fees from service users plus local government funding for the Pre-school.

The Trustees have ensured that any conduit giving has been clearly identified and excluded from income on which tax relief has been claimed.

The charity does not use any professional fund raisers and fundraising from the public other than members is limited to minor events such as quiz nights and second-hand sales for specific purposes.

Investment policy

The church does not intend to invest money. Such reserves as may accumulate from time to time are held on suitable deposit accounts with our bankers.

Funds spent overseas

Money sent to Romania for work with looked after children is sent to a named individual known to us. He provides reports on how the money is spent, backed up by photographs, and we also hear from the children themselves via social media. In 2022 we were also able to resume physical visits to see how the children are being supported.

Risks

The Trustees have reviewed the risks facing the church. These are primarily:-

The Trustees are satisfied with the measures in place to mitigate these risks and keep them under

review.

The Church has in place a well-established Safeguarding.Policy developed and operated under guidance from Thirty-One: Eight (formerly the Churches Child Protection Advisory Service). The Safeguarding Policy was not reviewed during 2022 but this has now been undertaken in 2023.

6

Although the Church's premises are located in the county of Surrey, it is close to the Greater London boundary and the premises we currently use for our main Sunday Service are located in the London Borough of Croydon. We are monitoring carefully the possible implications of the extension of the London Ultra Low Emission Zone and beginning to explore possible alternative venues which are not affected by this.

Structure, governance and management

Formation and governing document

Caterham Community Church was registered as a Charitable Incorporated Organisation on[8][th ] September 2015.

The CIO is the charitable identity f[o] r the church f[o] rmerly known as Caterham Hill Congregational Church, which previously derived its charitable status from its membership of the Congregational Federation - the umbrella body for the Christian denomination to which the church belongs. Its activities therefore continued seamlessly from its previous incarnation.

The holding Trusteeship of the buildings and land formally vested in the Congregational Federation Ltd was transferred to the CIO during 2017.

Organisational structure

The charity Trustees are responsible f[o] r the overall governance and management of the church.

The spiritual leadership and practical day-to-day running of the church are vested in the Minister, teams of Elders and Deacons and various members who are appointed to lead individual activities.

Reflecting our Congregational roots, the ultimate governing body is the Church Meeting, at which all those who have become members in line with the constitution have a vote. Trustees, Elders and Deacons are appointed by a vote of the Church Meeting and perform their duties under the authority delegated to them by the Church Meeting.

Changes to Trustees in 2022 are recorded earlier in this report.

Wider networks

The church is a member of the Congregational Federation and the Evangelical Alliance. We have a less formal association with the New Wine Network. We are actively involved in partnership with other local churches.

Custodian trusteeships

The Trustees do not hold any assets or funds as custodian trustees on behalf of any others.

Responsibilities of trustees under charity law

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 Kingdom Generally Accepted Accounting Practice).

Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its

7

incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

  1. select suitable accounting policies and apply them consistently;

  2. observe the methods and principles in the Charities SORP;

  3. make judgements and estimates that are reasonable and prudent;

  4. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

  5. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.

• The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and 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.

Declarations

The Trustees declare that they haye approved the Trustees' report above.

Signed on behalf of the charity's Trustees

Signature John Bowdery 19/10/2023 Name J Bowdery

Anthony Watson 19/10/2023 Signature Name A P Watson

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Caterham Community Church {'the Charl I report lo the charity trustees on my axamlnalion of the accounts of the Charity for the year ended 31 December 2022 on pages 10 to 20 followlng. which have been prepared on thè basis of the accounting policies sat out on pages 12 to 13. Re8ponsibilitlo8 and basls of roport As tha charitvs trustges of the Charitable In￿rporated Organisatlon you are responsible for the prepar81ion of the accounts in accordance with th8 reguirèmonls of the Charities Act 2011 ('Ihe Act'l. I report In rospect of my oxamln8llon of the Charllls accounts carrted out under sect￿n 145 of the Act and In corrylng out my examlnalkin I hav8 followed all th8 appllcable Directlons given by the Charlty Commlsslon under section 14515Mbl of the ACL Indopandont oxamlnor'• Jtat•mont Since tho Charllls gross income exe8gded £250.000 your ex8mln8r musl bg a member of a body Ilsled In sectlon 145 of the 2011 Act. I confirm that l am qualSfied tr) undertake the ex8mlnalion becauso l am member of thg In811tut6 of Chartered Account8n18 of Scolland, %thich Is on& of thg listed b¢)dtes. I have completed my examination. I confimi that no matters have come to my attentIC￿ in connectlon with the exomination glving me caus8 to believe.. 1. a¢¢ountlng records ware not kepl In respgct of thè Charity as required by setttion 130 of the Act,. or 2. the accounts do not accord wllh those records., or 3. the accounts do not comply wSlh the applicable requirements conGerning the form and conlenl of accounts set out In the Charities (Accounts and Roportsl Regulations 2008 other than any requirement that the accounts glve 8 YfU8 and fair, ￿eW which is not a Matter consldered as part of an independent examinallon. I have no concem8 and have come acro88 no olh&r matters in connectlon with the gxamination lo which atten￿'on Should b8 drawn in this report in order lo enable a proper under8tsnding of the accounts to b9 reached. Signature.. Archie McDowall Archie McDowall BA. CA In51itule of Chartered Accounlants of ScollarKJ Stewardship 1 Lamb's Passage London EC1Y8AB Date: 23 October 2023

Caterham Community Church

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2022

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Other income
6
Total income and endowments
EXPENDITURE ON:
Charitable activities
7
Other
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
14
Other recognised gains/(losses):
Gains/(losses) on revaluation of fixed assets
Net movement in funds
Reconciliation of funds:
Total funds brought forard
Total funds carried forard
14		 Unrestricted
Funds
£
256,362
41,393
297,755
258,833
258,833
38,922
38,922
38,922
92,654
131,576		 Restricted
Funds
£
6,160
6,160
7,758
7,758
(1,598)
(1,598)
(1,598)
7,079
5,481		 Endowment
Funds
£
900,000
900,000		 Total
Funds
2022
£
262,522
41,393
303,915
266,591
266,591
37,324
37,324
37,324
999,733
1,037,057		 Total
Funds
2021
£
262,977
59,454
15,605
173,008
511,044
304,862
304,862
206,182
206,182
206,182
793,551
999,733

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The notes on page 12- 19 form part of these accounts.

10

Caterham Community Church BALANCE SHEET AS AT 31 DECEMBER 2022

Note
FIXED ASSETS
Tangible assets
9
CURRENT ASSETS
Debtor
10
Cash at bank and in hand
11
CREDITORS: Amounts falling
due within one year
12
Net current assets/ (liabilities)
TOTAL NET ASSETS
FUND BALANCES
14
Unrestricted Funds
General funds
Designated fnds
Pension reserve
Revaluation reserve
Restricted Funds
Endowment Funds		 Unrestricted
Funds
£
1,176
135,906
137,082
(5,505)
131,577
131,577
56,295
75,282
131,577		 Restricted
Funds
£
5,481
5,481
5,481
5,481
5,481
5,481		 Endowment
Funds
£
900,000
900,000
900,000
900,000
900,000		 Total
Funds
2022
£
900,000
900,000
1,176
141,387
142,564
(5,505)
137,058
1,037,058
56,295
75,282
131,577
5,481
900,000
1,037,058		 Total
Funds
2021
£
900,000
900,000
2,006
105,005
107,011
(7,277)
99,734
999,734
39,826
52,828
92,654
7,079
900,000
131,577 999,734

The financial statements were approved by the Board of Trustees and were signed on its behalf oy:

Charity number: 1163464

The notes on page 12- 19 fonn part of these accounts.

11

Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

Statutory lnfonnation

The charity is a charitable incorporated organisation registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity lnfonnation page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention as modified by the revaluation of certain assets, which are measured at fair value through the Statement of Financial Activities.

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

a)

Going concern

The trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considerl)d the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

income from donations and legacies includes:

The charity relies on volunteers to carry out many of its activities, particularly church leadership. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.

Income from charitable activities represents income receivable from services supplied in furtherance of the charity's charitable objects. It includes income from fees and grants for the counselling centre and preschool.

Other income in 2021 comprises gains arising from the disposal of tangible fixed assets .

The charity has taken the view that it has only one charitable activity, namely the advancement of the Christian faith, and all income from donations, legacies and charitable activities is in respect of this one activity.

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settiement will be required and the amount of the obligation can be measured reliably.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

12

Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

d) Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. Endowment funds are donations that are retained as capital in accordance with the donor's wishes. The nature of the restriction determines whether the endowments represent permanent endowments or expendable endowments.

e) Tangible fixed assets Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £20,000 and the item is expected to benefit the charity over more than one accounting period. No depreciation is charged.

f) Pension scheme arrangements The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

i) Exemption from preparing a cashfow statement The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

j) Critical accounting estimates and areas of judgement The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

In preparing financial statements certain judgements, estimates and assumptions have to be made that affect the amounts recognised in the financial statements. The trustees consider the following to be significant:

ii) The constructive obligation for grants payable is based on an assessment of the likely duration of the supported activity. Again this estimate is re-assessed annually and the obligation is adjusted to reflect current expectations.

3 Donations

a

Donations
2022
£
Donations of cash and similar
126,441
Government grants (note 3a)
136,081
262,522
Government grants comprse:
2022
£
Government Funding
116,941
Pupil Premium and Deprevation
7,708
Furlough
Early Intervention
11,432
136,081		 2021
£
160,425
102,552
262,977
2021
£
90,785
11,489
278
102,552

13

Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

4 Income from charitable activities

Fees income
5
Investment income
Property letting
6
Other income
Gains on disposal of:
tangible fixed assets
7
Charitable expenditure
a
b
Costs incurred directly on specific activities
Costs of generating voluntary income
Salaries, travel and expenses
Telephone and utilities
Conferences and training
Grants payable (note 7c)
Costs incurred on support & administration
Bank loan interest payable
Total expenditure		 2022
£
41,393
41,393
2022
£
2022
£
2022
£
180,053
63,063
6,456
249,571
17,020		 2021
£
59,454
59,454
2021
£
15,605
15,605
2021
£
173,008
173,008
2021
£
224,636
41,437
8,090
274,163
17,883
266,591
266,591		 292,046
12,814
12,814
304,860

Total expenditure

The fee payable to the independent examiner for examining the accounts was £1,600 (2021: £720); in addition the charity paid £1,200 (2021: £1,200) to Stewardship for payroll bureau and consultancy services.

c Grants payable

Grants for UK and overseas mission
The comparatives for the previous year are as follows:
Grants fr UK and overseas mission		 Institutions
£
7,220
7,220
Institutions
£
8,249
8,249		 Individuals
£
9,800
9,800
Individuals
£
9,634
9,634		 2022
£
17,020
17,020
2021
£
17,883
17,883

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Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

The charity's principal grants to institutions comprised:

charit's principal grants to institutions comprised:
SALTMINE
AGAPE
Grants to institutions fr less than £1,000 each
2022
£
1,305
5,450
465
7,220		 2021
£
1,285
5,176
1,788
8,249

The charity has taken advantage of an exemption conferred by the Charities SORP and has not disclosed the names of some grant receiving institutions as they operate in territories where Christians are persecuted; the disclosure of this information would be prejudicial.

Analysis of staff costs, the cost of key management personnel and trustee remuneration

The average monthly number of employees during the year was 17 (2021: 19). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the trustees and the key staff named on the Charity Information page. Total employment benefits payable to key management for the year were as follows:

other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
David Chadwick
14,250
909
ANGEL Foreman
3,243
Other members of key management:
Jacqui Parcel
31,517
1,724
Jo Trowbridge
1,794		 2022
£
15,160
3,243
33,242
1,794
18,403

The following amounts were payable in the previous year:

following amounts were payable in the previous year:
Other Employer
Wages & employment pension 2021
salaries benefits contributions £
Trustees:
David Chadwick 41,698 2,804 44,502
Angela Foreman 2,761 2,761
Other members of key management:
Jacqui Parcel 31,028 1,719 32,747
Jo Trowbridge 1,769 1,769
47,263

David Chadwick served as a church leader and received the above payments for serving in that capacity, not for serving as trustees; these payments are permitted by the charity's governing document.

15

Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

9 Tangible fixed assets

Valuation
At1January 2022
Additions
Gains/ (losses) on revaluation
Disposals
At 31 December 2022
Accumulated depreciation
At 1 January 2022
Charge fr the year
Eliminated on disposal
At 31 December 2022
Net book value
At 31 December 2022
At 31 December 2021		 Freehold
Propery
£
900,000
900,000
900,000
900,000		 Leasehold
Improvements
£		 Fixtures,
fittings and
equipment
£		 Vehicles
£		 Total
2022
£
900,000
900,000
900,000
900,000

Freehold property was valued at £1,025,000 on 10/6/2016 by an independent qualified valuer at open market value assuming vacant possession and after taking account of the restrictive covenant on the use of the property.The value has been reduced to reflect the sale of 61 and 61A Westway. The trustees are not aware of any other material changes in value.

10 Debtors

Falling due within one year:
Tax recoverable
Other debtors
Total debtors
11
Cash at Bank and in Hand
Cash at bank with immediate access
12
Creditors: liabilities falling due within one year
Accruals		 2022
£
523
653
1,176
1.176
2022
£
141,387
141,387
2022
£
5,505
5,505		 2021
£
1,453
553
2,006
2,006
2021
£
105,005
105,005
2021
£
7,277
7,277

13 Pension commitments

During the year employer's pension contributions totalling £7,932 (2021: £8549) were payable to defined contribution personal pension schemes. No pension contributions were owing at the balance sheet date (2021: £2200).

16

Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

14 Funds

During the year the movements in the charity's funds were as follows:

Designated Funds
Counselling Centre
NoahsArk
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Emergency Fund
AGAPE
Other Funds
Endowment Funds
Permanent
Buildings
Aggregate of funds		 Opening
balance
2022
£
13,980
38,849
52,829
39,826
92,655
5,458
138
1,484
7,079
900,000
900,000
999,734		 Incoming
resources
2022
£
29,551
150,105
179,656
118,099
297,755
775
5,385
6,160
303,915		 Outgoing
resources
2022
£
(26,396)
(130,597)
(156,993)
(101,840)
(258,833)
(912)
(6,846)
(7,758)
(266,591)		 Transfers
in the year
2022
£
(210)
(210)
210
(1,714)
1,714		 Gains and
losses
2022
£		 Closing
balance
2022
£
16,925
58,357
75,282
56,295
131,577
3,744
1
1,737
5,481
900,000
900,000
1,037,058

The transfers referred to above were made for the following reasons:

a) Transfer from general fund to counselling centre to pay for counselling sessions authorised for church member for pastoral reasons

b) Transferfrom COVID emergency fund to Romania mission fund as annunced when former set up

Analysis of net assets by fund

7he assets and liabilities of the various funds were as follows:

Tangible fixed assets
Stock
Debtors
Investments held as current assets
Cash at bank and in hand
Creditors falling due within one year
Creditors falling due after one year
Provisions for liabilities
Defined benefit pension schemes liabilities		 Unrestricted Funds
General
Designated
funds
fnds
£
£
1,176
60,624
75,282
(5,505)
56.295
75,282		 Restricted
funds
£
5,481
5,481
Endowment
funds
£
900,000
900,000		 2022
£
900,000
1,176
141,387
(5,505}
General
funds
£
1,176
60,624
(5,505)
56.295
1,037,058

17

Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

In the previous year the movements in the charity's funds were as follows:

Opening
Incoming
Outgoing
balance
resources
resources
2021
2021
2021
£
£
£
Designated Funds
Noah's Ark pre-school nursery
31,268
139,750
(132,170)
Counselling Centre
13,766
26,917
(26,703)
45,034
166,667
(158,873)
General Unrestricted Funds
30,811
113,000
(121,380)
Total Unrestricted Funds
75,845
279,667
(280,253)
Restricted Funds
Other
3,434
6,006
(8,920)
Emerency
6,676
2,244
(2,497)
AGAPE
225
287
(376)
10,335
8,537
(11,793)
Endowment Funds
Permanent
707,371
222,840
(12,816)
707,371
222,840
(12,816)
Aggregate of funds
793,551
511,044
(304,862)
Analysis of net assets by fund
In the previous year, the assets and liabilities of the various funds_were_as follows:
Unrestricted Funds
General
Designated
fnds
funds
£
£
Tangible fixed assets
Stock
Debtors
2,006
Investments held as current assets
Cash at bank and in hand
45,097
52,828
Creditors falling due within one year
(7,277)
Creditors falling due afer one year
Provisions for liabilities
Defined benefit pension schemes liabilities
39,826
52,828		 Transfers
in the year
2021
£
17,395
17,395
(17,395)
(17,395)
Restricted
funds
£
7,079
7,079		 Gains and
losses
2021
£
Endowment
funds
£
900,000
900,000		 Closing
balance
2021
£
38,848
13,980
52,828
39,826
92,654
1,484
5,458
138
7,079
900,000
900,000
999,734
2021
£
900,000
2,006
105,004
(7,277)
999,733

18

Caterham Community Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2022

Designated Funds

The Noah's Ark Fund is set up to record all financial inflows and outflows attributable to Noah's Ark, the church's pre-school. The Counselling Centre Fund is set up to record financial inflows and outflows attributable to the church's Counselling Centre.

Restricted Funds

The emergency fund consists of donations from church members and friends to be used to support people within the church and local community affected financially by COVID-19.

The Agape fund allows church members and friends to donate funds to supplement the money given to Agape from the general fund missionary support budget line.

The Other fund encompasses three smaller funds. The Ukraine fund was set up to allow church members and friends to donate money that could support relief efforts carried out with Ukrainian refugees by pastor Liviu Avasiloai. The East Surrey fund was set up to receive donations of money to purchase items such as toiletries and journals for patients unable to receive visits as well as larger items such as radios for work with dementia patients. Most years Saltmine Theatre Company perform a Christmas show for our church and guests. We have a fund to record payments for tickets and to fund donations to to help cover the costs of those shows or for other support of Saltmine.

Annually the trustees set aside some of the charity's income for grant giving to institutions and individuals who undertake activities that further the charity's own objects. It is anticipated that all of the funds designated for this purpose will be distributed in the new financial year.

Transactions with related parties

19

Caterham Community Church

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES FOR THE YEAR ENDED 31 DECEMBER 2022

Note
I
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Other income
6
Total income and endowments
EXPENDiTURE ON:
Charitable activities:
7
Other
Total Expenditure
Net galns/(losses) on investments
Net lncome/(expendlture)
I
Transfers between funds
14
Other recognised galns/(losses):
Other galns/(losses)
Net movementinfunds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
14		 Unrestric
General
2022
£
78,706
41,393
118,099
----
101,840
101,840
16,259
210
16,468
16,468
39,826
56�		 ted funds
Designated
2022
£
179,656
179,656
156,993
156,993
22,663
(210)
22,454
22,454
52,828
75�		 Restricted
2022
£
6,160
6,160
7,758
7,758
(1,598)
(1,598)
(1,598)
7,079
5,480		 Endowment
2022
£
900,000
900100		 Total
2022
£
262,522
41,393
303,915
266,591
268,591
37,324
37,324
37,324.
999,733
1,037,057		 Unrestric
General
2021
£
53,546
59,454
113,000
121,380
121,380
(8,380)
17,395
9,015
9,015
30,811
39,826		 ted funds
Designated
2021
£
166,667
166,667
158,873
158,873
7,794
7,794
7,794
45,034
52,828		 Restricted
2021
£
8,537
8,537
11,793
11,793
(3,256)
(3,256)
(3,256)
10,336
7,079		 Endowment
2021
£
34,227
15,605
173,008
222,840
12,816
12,816		 Total
2021
£
262,977
59,454
15,605
173,008
511,044
292,046
12,816
304,862
210,024
(17,395)		 206,182
206,182
206,182
793,561
999,733
192,629
192�629
707,371
900,000

20