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2021-10-31-accounts

Draft Financial Statements at 23 June 2022 at 12:13:51

CHARITY REGISTRATION NUMBER 1163895

ROCK CHRISTIAN CENTRE

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2021

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr J M Beyer
Mr J C Watts
Mr H C Sibanda
Mr P J Hunt
Mr B Sholademi
Mrs P Forbes-Williams
Mr J Norton
Charity number 1163895
Principal address 177-195 Spital Hill
Sheffield
South Yorkshire
S4 7LF
Independent examiner R J Givans BA FCA
UHY Hacker Young
6 Broadfield Court
Broadfield Way
Sheffield
S8 0XF

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

CONTENTS

Page
Trustees' report 1 - 5
Independent examiner's report 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9 - 20

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 OCTOBER 2021

The trustees present their annual report and financial statements for the year ended 31 October 2021.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution , 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 applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2019)

Charitable Incorporated Organisation

The Rock Christian Centre CIO was registered by the Charity Commission on October 8 th 2015. The new charity remained dormant until 26 th January 2016. On January 25 th 2016 all the assets and liabilities of the former governing charity number 1086749 ‘Church on the Rock, Sheffield’, were transferred to Rock Christian Centre.

Objectives

The object of the CIO is, for the public benefit, the advancement of the Christian faith in Sheffield and such other parts of the United Kingdom and the World as the Charity Trustees may from time to time decide.

Public Benefit

The trustees have given due regard to guidance published by the Charity Commission in respect of public benefit when fulfilling the objectives of the CIO.

Activities

The sixth year of activity of the Rock Christian Centre CIO has been a year of major change as we relocate our church services and events from the long-term rented buildings, in Carlisle Street, to temporary accommodation at St. Stephen's Church, Netherthorpe. The relocation was necessitated by the increasing dilapidation of the former buildings. The Church Offices, Burngreave Foodbank etc remaining located at the Spital Hill site the church purchased in 2016.

The activities of the charity continued to be affected by the Covid-19 pandemic and the varying restrictions to public worship and in-person meetings during the year. However, we are thankful that, despite the relocation and restrictions, we were able to conduct a service every Sunday and livestream from a church building throughout the year.

Finances

Despite the restrictions to church services during the pandemic, the giving to the General Fund, Building Fund and Burngreave Foodbank has remained steady and no restrictions have had to be made to the activities of the charity due to lack of finance. An interest free loan of £5,000 was repaid, with a further £5,000 converted to a gift. These loans were granted in 2015/16 for the purchase of our Spital Hill site.

Over £100,000 of interest free loans are still outstanding, but the current balance in the Building Fund is sufficient to repay these loans if required.

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

Sites & Buildings

The charity vacated the rented buildings on Carlisle Street in December 2020 without penalty or payment of dilapidations. Health and safety concerns regarding the condition of the building were the reason for relocating. However, the cost of the Carlisle Street building (£25,000 rent plus utilities) represents a substantial saving compared to the hourly rent of St Stephen's.

The use of St Stephen's is only a temporary solution as the buildings are not located in the Burngreave area

and inadequate for our future needs when pandemic restrictions are lifted.

The growth of Burngreave Foodbank during the pandemic necessitated the conversion of part of the redundant building on the Spital Hill site into a new Foodbank serving area. The renovation was undertaken with the help of Foodbank capital gifts donated during the pandemic. The new Foodbank area was completed just in time for when delivery of foodbank parcels ceased, and clients returned to collecting food parcels. The renovated 'cafe area' has provided an excellent venue for smaller groups and activities including the Youth Group, coffee mornings, livestream services, Community meetings etc.

In the summer of 2021 we were approached by a representative of the trustees of 'Grimesthorpe Wesleyan Reform Church' to take over their buildings after the church had their final service in September 2021. We are currently in discussions regarding this possibility.

During 2021 a new kitchen was installed in the Lighthouse building. In September 2021 the Lighthouse was reopened for the homeless project providing food, clothing, showers etc. The Lighthouse has also been used for the Breakthrough Prayer meetings, an Eritrean prayer meeting and a Kids Club.

Outreach projects

Burngreave Foodbank (affiliated to Trussell Trust) provided, in the year up to 31 October 2021, 45,635kgs

of food for 5,431 local people.

The Burngreave CAP Debt Centre was launched in January 2021. After a slow start due to the pandemic

restrictions, the numbers of referrals have increased.

Word4Weapons gun and knife amnesty bin, outside the Lighthouse building, has continued to be used to

remove weapons from the streets.

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2021

Church & Congregation

Following the restrictions of the second lockdown, increasing numbers of people have returned to attending in-person services. Creche and Rock Starts also resumed within the limited facilities of the St Stephen's building. However, numbers have been considerably lower than pre-pandemic numbers, although a significant number are still watching the services through the livestream on YouTube and Facebook.

The church continues to operate under the 2020 VISION with its specific aims and commitments outlined alongside our mission statement and core values. The 2020 vision is based on the Biblical example of the early church in Acts 2:42-47 and is separated under 4 titles. Growing Up in Maturity; Growing Together in Community; Growing Out in Evangelism and Mission; Growing Larger in Numbers.

The Senior Pastor is an ambassador for the church charity in Sheffield and beyond through his roles as Chair of 'Together for Sheffield' (Charity No 1115404); Trustee of Kinetic Network (Charity No 1175938); he also provides voluntary consultancy services to 'City Vision' that works with cities across the UK and worldwide.

The Youth and Families Pastor is Coordinator for Sheffield Street Pastors (Charity No 1162786) and South Yorkshire Response Pastors. The Assistant Pastor is Coordinator for Rotherham Street Pastors (Charity No 1150210). Rock Christian Centre is the training centre for all the South Yorkshire Street Pastor teams.

Financial review

The trustees are satisfied with the financial position of the charity. The charity received £322,067 (2020: 297,264) of income during the financial year to 31 October 2021 and expended £221,799 (2020: £205,217) showing a surplus of £100,268 (2020: surplus of £92,047). The principal sources of income are disclosed in note 3 of the accounts.

The charity has unrestricted reserves of £520,923 (2020: £474,613) of which £201,641 are freely available.

The restricted reserves are £172,307 (2020: £118,349) there is a more detailed breakdown of these balances in note 13 of the accounts.

At the year end unsecured loans of £108,000 were outstanding, due for repayment between one and nine

years.

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to three month's expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

Plans for future periods

The church’s objectives for the future are detailed in the 2020 VISION and are clearly displayed on the church website.

The provision of a suitable, large venue for our worship services and special events remains a key objective. Work parties are taking place regularly to progress the renovation of the redundant Spital Hill building. The trustees are also researching other possible options that would provide a hall large enough for the whole church congregation.

There are plans to start English classes and a 'cafe style' Rock Welcome Church on Sunday afternoons as outreach projects for Foodbank, CAP and Lighthouse clients who may find our normal Sunday morning services too inaccessible.

We look to The Lord for His future provision for every aspect of the church, charity and community projects.

Structure, governance and management

The charity is governed by its trustees, the minimum number at any one time being three. The trustees comprise of the church elders; the treasurer and any other person who has a significant financial or management role in the charity. One trustee resigned due to leaving the Church in November 2020. There have been no other changes to trustees during the year.

The charity employs a full time Senior Pastor and Assistant Pastor. The charity also employs several part time staff including the- 'Youth & Families Pastor' (Partially seconded to the Foodbank during the pandemic); a 'Foodbank Manager; an Assistant Foodbank Manager; a Caretaker who was partially furloughed during the pandemic. During the year a CAP Debt Centre Manager was also appointed as a part time paid post. Burngreave Foodbank also employed a young person for 5 months as part of the Government 'Kickstart' apprentice scheme.

The day to day running of the charity is carried out by the Pastors, the Foodbank Manager and the CAP Debt Centre Manager and other employees, assisted by a large number of volunteers.

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2021

The trustees who served during the year and up to the date of signature of the financial statements were:

Mr J M Beyer Mr J C Watts Mr A Birtwhistle Mr H C Sibanda Mr P J Hunt Mr B Sholademi Mrs P Forbes-Williams Mr J Norton

(Resigned 15 November 2020)

The trustees' r eport was approved by the Board of Trustees.

.............................. Mr J M Beyer Trustee Dated: .........................

6 Broadfield Court Broadfield Way Sheffield S8 0XF

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROCK CHRISTIAN CENTRE

I report to the trustees on my examination of the financial statements of Rock Christian Centre (the charity) for the year ended 31 October 2021.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's 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 ICAEW, which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

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 that in any material respect:

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 financial statements to be reached.

R J Givans BA FCA UHY Hacker Young

Chartered Accountants

Dated: .........................

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2021

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds 2021 funds funds 2020
Notes £ £ £ £ £ £
Income from:
Donations and legacies
3		 187,640 134,426 322,066 185,873 111,391 297,264
Investments 4 1 - 1 - - -
Total income 187,641 134,426 322,067 185,873 111,391 297,264
Expenditure on:
Charitable activities 5 174,004 47,795 221,799 176,950 28,267 205,217
Net incoming
resources before
transfers 13,637 86,631 100,268 8,923 83,124 92,047
Gross transfers
between funds 32,673 (32,673) - 78,152 (78,152) -
Net income for the year/
Net movement in funds 46,310 53,958 100,268 87,075 4,972 92,047
Fund balances at 1
November 2020 474,613 118,349 592,962 387,538 113,377 500,915
Fund balances at 31
October 2021 520,923 172,307 693,230 474,613 118,349 592,962

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

All income and expenditure derive from continuing activities.

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

BALANCE SHEET

AS AT 31 OCTOBER 2021

Notes
Fixed assets
Tangible assets
8
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within
one year
11
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after
more than one year
12
Net assets
Income funds
Restricted funds
13
Unrestricted funds		 2021
£
£
491,589
6,141
307,181
313,322
(3,681)
309,641
801,230
(108,000)
693,230
172,307
520,923
693,230		 2020
£
£
471,459
7,033
238,223
245,256
(5,753)
239,503
710,962
(118,000)
592,962
118,349
474,613
592,962

The financial statements were approved by the Trustees on .........................

.............................. Mr J M Beyer Trustee

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

1 Accounting policies

Charity information

The charity is registered in England and Wales as a charitable incorporated organisation. The address of the principal office is 177 - 195 Spital Hill, Sheffield S4 7LF.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's constitution, 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 applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. In making that assessment, the trustees have specifically considered the impact of the coronavirus on the operations of the charity, alongside actions taken to mitigate that impact. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Incoming resources

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

1 Accounting policies

(Continued)

1.5 Resources expended

Resources expended are recognised in the year in which they are incurred inclusive of irrecoverable VAT.

Charitable expenditure comprises costs incurred by the charity in the delivery of its activities and includes costs that can be allocated directly to such activities and costs of an indirect nature to support them.

Grants for other charitable activities are made at the discretion of the trustees and are recognised in the year in which they are made.

Governance costs are those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold land and buildings Straight line over 86 years Fixtures and fittings 25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities .

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

1 Accounting policies

(Continued)

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity 's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets

Financial assets, other than those held at fair value through income and expenditure, are assessed for indicators of impairment at each reporting date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected.

If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in net income/(expenditure) for the year.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in net income/(expenditure) for the year.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2021

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity ’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. There are no judgements or estimates which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities.

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

3 Donations and legacies

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2021 2021 2021 2020 2020 2020
£ £ £ £ £ £
Donations and gifts 187,640 126,971 314,611 185,873 77,739 263,612
Other grants - 7,455 7,455 - 33,652 33,652
187,640 134,426 322,066 185,873 111,391 297,264
Donations and gifts
Donations and Similar
income 186,193 126,971 313,164 183,777 77,739 261,516
Goverment furlough
grants received 1,447 - 1,447 2,096 - 2,096
187,640 126,971 314,611 185,873 77,739 263,612

During the year ended 31 October 2021 the charity received £1,447 (2020: £2,096) under the Coronavirus Job Retention Scheme.

The total for 2021 includes restricted grants from: Trussell Trust totalling £2,691, and Kickstart totalling £4,764.

4 Investments

Unrestricted Total
funds
2021 2020
£ £
Interest receivable 1 -

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

5 Charitable activities

Total Total
2021 2020
£ £
Staff costs 132,926 109,781
Depreciation and impairment 8,558 7,634
Donations and activities 150 3,208
Ministry support 10,137 10,032
Rent 9,067 24,983
Light, heat and utilities 5,596 9,538
Repairs and maintenance 5,485 5,868
Insurance 6,413 6,367
Legal and professional fees 6,234 3,228
Other office costs 26,912 16,007
Tithes and activities 9,326 6,911
Donations 245 910
221,049 204,467
Share of governance costs (see note 6) 750 750
221,799 205,217
Analysis by fund
Unrestricted funds 174,004 176,950
Restricted funds 47,795 28,267
221,799 205,217

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2021

6 Support costs

Support costs
Support Governance 2021 Support Governance 2020
costs costs costs costs
£ £ £ £ £ £
Independent
examination fees -
750		 750 -
750		 750
-
750		 750 -
750		 750
Analysed between
Charitable activities -
750		 750 -
750		 750

Governance costs includes payment to the independent examiner of £750 for independent examination fees (2020: £750). Other costs includes payments to the independent examiner of £1,110 (2020: £1,350) for other services.

7 Employees

Number of employees

The average monthly number of employees during the year was:

2021 2020
Number Number
Staff 4 3
Trustees 7 7
11 10
Employment costs 2021 2020
£ £
Wages and salaries 124,600 103,491
Social security costs 5,819 4,214
Other pension costs 2,507 2,076
132,926 109,781

There were no employees whose annual remuneration was £60,000 or more.

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

8 Tangible fixed assets
Leasehold land Fixtures and Total
and buildings fittings
£ £ £
Cost
At 1 November 2020 480,276 23,720 503,996
Additions 11,215 17,474 28,689
At 31 October 2021 491,491 41,194 532,685
Depreciation and impairment
At 1 November 2020 18,739 13,799 32,538
Depreciation charged in the year 4,323 4,235 8,558
At 31 October 2021 23,062 18,034 41,096
Carrying amount
At 31 October 2021 468,429 23,160 491,589
At 31 October 2020 461,537 9,922 471,459
9 Financial instruments 2021 2020
£ £
Carrying amount of financial assets
Debt instruments measured at amortised cost 2,277 5,448
Carrying amount of financial liabilities
Measured at amortised cost 110,649 122,733
10 Debtors
2021 2020
Amounts falling due within one year: £ £
Other debtors 2,277 5,448
Prepayments and accrued income 3,864 1,585
6,141 7,033

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2021

11 Creditors: amounts falling due within one year
2021 2020
£ £
Other taxation and social security 1,032 1,020
Accruals and deferred income 2,649 4,733
3,681 5,753
12 Creditors: amounts falling due after more than one year
2021 2020
£ £
Borrowings 108,000 118,000

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2021

13 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Movement in funds Movement in funds Movement in funds Movement in funds Movement in funds Movement in funds
Balance at Incoming Resources Transfers Balance at Incoming Resources Transfers Balance at
1 November resources expended 1 November resources expended 31 October 2021
2019 2020
£ £ £ £ £ £ £ £ £
Building Fund 108,131 14,113 - (69,611)
52,633		 41,811 (8,062) (5,566) 80,816
Foodbank 5,246 97,278 (28,267) (8,541)
65,716		 92,615 (39,733) (27,107) 91,491
113,377 111,391 (28,267) (78,152)
118,349		 134,426 (47,795) (32,673) 172,307

The Building Fund has received capital funds to finance the construction of the Foodbank extension and the new church community centre.

The Foodbank fund represents the income and costs of running the Foodbank.

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2021

14 Analysis of net assets between funds

Analysis of net assets between funds
Unrestricted Restricted Total Unrestricted Restricted Total
Funds funds Funds funds
2021 2021 2021 2020 2020 2020
£ £ £ £ £ £
Fund balances at 31 October 2021 are represented by:
Tangible assets 319,282 172,307 491,589 353,110 118,349 471,459
Current assets/(liabilities) 309,641 - 309,641 239,503 - 239,503
Long term liabilities (108,000)
-		 (108,000) (118,000) - (118,000)
520,923 172,307 693,230 474,613 118,349 592,962

Draft Financial Statements at 23 June 2022 at 12:13:51 ROCK CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2021

15 Related party transactions

Salaries and pension contributions totalling £66,223 (2020: £65,242) were paid to Mr J C Watts and Mr P J Hunt, trustees of the charity during the year.

During the year £130 (2020: £43) was reimbursed to trustees for travel, training and entertaining visiting speakers.

16 Events after the reporting date

As referred to in the going concern section of the accounting policies, the trustees are monitoring the situation concerning the coronavirus and any impact it may have on the charity. Given the current uncertainties, any longer term financial effect cannot be estimated.