Charity registration number: 1164488
## Impact Church
Annual Report and Financial Statements for the Year Ended 30 November 2021
## **Contents**
|**Contents**||
|---|---|
|Reference and Administrative Details|1|
|Trustees' Report|2 to 3|
|Statement of Trustees' Responsibilities|4|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8 to 10|
## **Reference and Administrative Details**
## **Trustees**
Pawel Krasinski Aneta Magdalena Klemarczyk (Resigned) Aleksandra Glapinska Maciej Marian Szarkowski Marek Marton
## **Principal Office**
16 Sandown Road Southampton Hampshire SO15 5QP
## **Charity Registration Number**
1164488
## **Independent Examiner**
Kolade Andrew Alli ACMA KARE Financial Management Consultants Ltd 10 Gatcombe Gardens West End, Hampshire SO18 3NA
Page 1
## **Trustees' Report**
The trustees present the annual report together with the financial statements of the charity for the year ended 30 November 2021.
In 2021 Impact Church was organising projects both for members and for local community with Polish backgrounds.
We held weekly services and other online meetings with guest speakers from Poland, Uganda, and Germany with a goal to improve both spiritual knowledge of church members and improving personal lives also to expand our knowledge of other organisations and their projects in order to reach out to people in need.
We also organised:
- Services in which we blessed children, celebrated children’s birthdays
- Invited guest speakers involved in several life improving projects around the world
The Church was involved in giving and fundraising for specific projects, these are:
- Donations to support missionaries in Uganda
- Donations towards hunger problem caused by Covid-19 restrictions in Uganda
- Financial support for church members and other local families touched by difficult life circumstances
Some of our funds were transferred to help an orphanage in Ukraine that we have established a connection with and willingness to support their work in the coming years as well.
Beside Trustees there are many church members, involved in various charity projects, working with children, administrative roles, house groups meetings, setting up for church service, cleaning, serving tea and coffee and other roles within church life. Church members are volunteering on regular basis and undertaking various responsibilities.
None of church volunteers were paid for their work other than refunds of costs i.e. transporting or buying equipment needed to accomplish the task.
One of the church Trustees (The Pastor) has been employed by the Charity and being paid a fixed amount per month for their services.
Page 2
## **Trustees' Report**
The annual report was approved by the trustees of the charity on 7 January 2022 and signed on its behalf by:
......................................... Pawel Krasinski Trustee
Page 3
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees 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.
Approved by the trustees of the charity on 7 January 2022 and signed on its behalf by:
......................................... Pawel Krasinski Trustee
Page 4
## **Independent Examiner's Report to the trustees of Impact Church**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 30 November 2021 which are set out on pages 6 to 10.
## **Respective responsibilities of trustees and examiner**
As the charity’s trustees of Impact Church 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 Impact Church'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 examiner’s statement**
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:
1. accounting records were not kept in respect of Impact Church as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting 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.
...................................... Kolade Andrew Alli ACMA
KARE Financial Management Consultants Ltd 10 Gatcombe Gardens West End, Hampshire SO18 3NA
- 7 January 2022
Page 5
## **Statement of Financial Activities for the Year Ended 30 November 2021**
|**Statement of Financial Activities for the Year Ended 30 November**
**2021**|**Statement of Financial Activities for the Year Ended 30 November**
**2021**|
|---|---|
|**Unrestricted**
**funds**
**Total**
**2021**
**Total**
**2020**||
|**Note**
**£**
**£**
**£**||
|**Income and Endowments from:**||
|Charitable activities|37,287
37,287
27,745|
|**Expenditure on:**||
|Charitable activities|(22,102)
(22,102)
(20,294)|
|Total expenditure||
||(22,102)
(22,102)
(20,294)|
|Net income||
||15,185
15,185
7,451|
|Net movement in funds||
||15,185
15,185
7,451|
|**Reconciliation of funds**||
|Total funds brought forward||
||64,122
64,122
56,671|
|Total funds carried forward
9||
||79,307
79,307
64,122|
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2020 is shown in note 9.
Page 6
## **(Registration number: 1164488) Balance Sheet as at 30 November 2021**
|**(Registration number: 1164488)**
**Balance Sheet as at 30 November 2021**|**(Registration number: 1164488)**
**Balance Sheet as at 30 November 2021**|
|---|---|
|**2021**
**2020**||
|**Note**
**£**
**£**||
|**Current assets**||
|||
|Debtors
6|-
500|
|Cash at bank and in hand
7|79,907
64,222|
||79,907
64,722|
|**Creditors: Amounts falling due within oneyear**
8||
||(600)
(600)|
|**Net**assets||
||79,307
64,122|
|**Funds of the charity:**||
|**Unrestricted income funds**||
|||
|Unrestricted funds|79,307
64,122|
|**Total funds**
9||
||79,307
64,122|
The financial statements on pages 6 to 10 were approved by the trustees, and authorised for issue on 7 January 2022 and signed on their behalf by:
......................................... Pawel Krasinski Trustee
Page 7
## **Notes to the Financial Statements for the Year Ended 30 November 2021**
## **1 Accounting policies**
## **Statement of compliance**
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) and the Charities Act 2011.
## **Basis of preparation**
Impact Church 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 notes.
## **Exemption from preparing a cash flow statement**
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees’ discretion in furtherance of the objectives of the charity.
Page 8
## **Notes to the Financial Statements for the Year Ended 30 November 2021**
## **2 Income from charitable activities**
||**Unrestricted**|||
|---|---|---|---|
||**funds**|**Total**|**Total**|
||**General**|**2021**|**2020**|
||**£**|**£**|**£**|
|Donations and Giving|28,617|28,617|27,745|
|Gift Aid tax reclaimed|8,670|8,670|-|
||37,287|37,287|27,745|
|**3**
**Expenditure on charitable activities**||||
||**Unrestricted**|||
||**funds**|**Total**|**Total**|
||**General**|**2021**|**2020**|
||**£**|**£**|**£**|
|Wages and salaries|7,200|7,200|2,280|
|Love gift to speakers|300|300|400|
|Love gift to members|2,597|2,597|1,928|
|Grant and gifts to other churches|7,589|7,589|10,125|
|Church and office equipment|-|-|86|
|Food and hospitality expenses|192|192|532|
|Travel and motor vehicle expenses|-|-|44|
|Health and Safety|154|154|-|
|Printing, postage and stationery|346|346|-|
|Webhosting fees and IT consumables|392|392|40|
|Premises costs|1,733|1,733|3,075|
|Membership Subscription|-|-|869|
|Insurance|327|327|315|
|Accountancy fees|600|600|-|
|Independent examiner's fee|600|600|600|
|Legal andprofessional fees|72|72|-|
||22,102|22,102|20,294|
## **4 Trustees remuneration and expenses**
During the year the charity made the following transactions with trustees:
## **Maciej Marian Szarkowski**
Maciej Marian Szarkowski received remuneration of £7,200 (2020: £1,800) during the year.
Page 9
## **Notes to the Financial Statements for the Year Ended 30 November 2021**
## **5 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **6 Debtors**
**----- Start of picture text -----**
2021 2020
£ £
Other debtors - 500
7 Cash and cash equivalents
2021 2020
£ £
Cash at bank 79,907 64,222
8 Creditors: amounts falling due within one year
2021 2020
£ £
Accruals 600 600
9 Funds
Balance at 1 Balance at 30
December Incoming Resources November
2020 resources expended 2021
£ £ £ £
Unrestricted funds
General 64,122 37,287 (22,102) 79,307
Balance at 1 Balance at 30
December Incoming Resources November
2019 resources expended 2020
£ £ £ £
Unrestricted funds
General 56,671 27,745 (20,294) 64,122
**----- End of picture text -----**
Page 10