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2021-12-31-accounts

AMYAND PARK CHAPEL

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

Charity number 1164799

AMYAND PARK CHAPEL

INDEX

YEAR ENDED 31 DECEMBER 2021

Page
Significant information 1
Report of the trustees 2 – 3
Report of the independent examiner 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7 – 12

1

AMYAND PARK CHAPEL

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2021

Charity number 1164799
Governing document Constitution adopted 18 March 2015.
Objects: Amyand Park Chapel (the church) was established under trust deed to
bear witness to and promote the historic evangelical protestant faith; to
seek to be faithful to the Holy Scriptures (the Bible); to bear a good
witness to the neighbourhood, by holding meetings on the Lord’s Day
and during the week, as well as providing regular activities for the benefit
of the wider community.
Address: 174 Amyand Park Road
Twickenham
TW1 3HY
Trustees: Mr P F Fountain
Mr A P Heathcote
Pastor G J Hemmings
Mr R J B Mallin
Mr P H Brown
Mr D P Malam
Mr E Mollallegn
Mr G L Skilton
Mr S P Doyle
Independent examiner: David Hughes
The Stables
Broseley Hall
Church Street
Broseley
TF12 5DG
Bankers: Barclays Bank PLC
(Richmond Twicken 9)
Leicester
LE87 2BB

2

AMYAND PARK CHAPEL

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2021

The trustees submit their annual report and the financial statements for the year ended 31 December 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and the financial statements of the church.

The church was formed on 18 October 1889 and is governed by constitution adopted 18 March 2015 with the objects of

The church was originally excepted from registration under the Charities Act by virtue of the church being registered under the Places of Worship Registration Act 1855. On 10 December 2015, the church registered with the Charity Commission under reference number 1164799.

Activities

The church was established with the aim of promoting the evangelical protestant religion and this is continued through public worship on the Lord’s Day and other meetings during the week, including meetings for children and young people. During the year, the church continued to pursue this aim.

We actively seek to engage with the public in variety of ways in order to explain the Christian faith, present the message of the Gospel and to demonstrate practical Christian living in ways that benefit the community. Members of the church are encouraged to persevere and grow in their faith, receiving pastoral care, teaching and opportunities to serve the fellowship and the community.

The church is affiliated to the Fellowship of Evangelical Churches (FIEC), a grouping of over 600 independent evangelical churches throughout the UK. We contribute to wider gospel work in the UK through our membership of FIEC. We also encourage interest in and support for other Christian organisations and individuals who seek to advance the Christian faith or undertake charitable works in the UK or overseas.

The church holds public meetings for worship, preaching, teaching and prayer, fellowship groups for men, women, children, youth and the elderly, engages in personal evangelism, pastoral visiting of the sick and shut-in and much more. All this is undertaken by our paid staff and other volunteers of all ages drawn from the membership. The church’s activities are financed almost entirely by the voluntary giving of church members and other regular attenders; we do not engage in fund raising activities.

Results

The attached financial statements disclose the financial position of the church as at 31 December 2021. The trustees acknowledge once again that the continuing healthy financial position disclosed is due to the goodness of God in blessing this work.

Reserves policy

In general, the policy of the trustees is to distribute substantially all of the income of the restricted funds during the year subject to suitable needs being identified and to retain a working balance within the general account to provide a contingency to meet routine expenditure in the event of a reduction in offerings.

Assessment of risks

The trustees confirm that they have considered the major risks to which the charity is exposed and that systems have been designed and established to mitigate those risks.

Trustees

The trustees in office during the year and at the date of this report are set out on page 1.

Trustees are appointed by the church.

The trustees fulfil their duty to have regard to the Charity Commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant.

Responsibilities of the trustees

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 state of affairs of the charity at the end of the year and of its financial activities during the year then ended. In preparing those financial statements the trustees are required to:-

3

AMYAND PARK CHAPEL

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2021

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.

Approved by the trustees and signed on their behalf by: -

Trustee

26 April 2023

4

REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF

AMYAND PARK CHAPEL

FOR THE YEAR ENDED 31 DECEMBER 2021

I report to the trustees on the accounts of Amyand Park Chapel for the year ended 31 December 2021 which are set out on pages 5 to 10.

Responsibilities and basis of report

As the charity trustees of the Trust 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 Charity’s accounts carried out under section 145 of the 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:

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.

David Hughes ACCA The Stables Broseley Hall Church Street Broseley TF12 5DG

26 April 2023

5

AMYAND PARK CHAPEL

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2021

Note
Income from:
Donations
Gift aid tax repayments
Investment income: interest receivable
Other income
Book and literature table
Church houseparty
Total
Expenditure on:
Charitable activities
2
Total
Net income
Transfers between funds
Gains on revaluation of fixed assets
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted funds
Restricted
funds
Capital Fund
2021
2020
General
Fund
Designated
funds
£
£
£
£
£
£
153,406.14
-
9,612.74
-
163,018.88
159,866.73
29,162.38
-
-
-
29,162.38
27,496.18
37.42
37.88
75.30
44.21
46.20
-
-
-
46.20
98.50
21,002.00
-
-
-
21,002.00
-
203,654.14
37.88
9,612.74
-
213,304.76
187,505.62
185,071.21
-
4,737.50
200.00
190,008.71
198,450.42
185,071.21
-
4,737.50
200.00
190,008.71
198,450.42
18,582.93
37.88
4,875.24
(200.00)
23,296.05
(10,944.80)
(1,500.00)
1,500.00
-
-
-
-
-
-
-
179,341.00
179,341.00
-
17,082.93
1,537.88
4,875.24
179,141.00
202,637.05
(10,944.80)
(8,231.14)
397,684.40
20,557.67
2,510,136.00
2,920,146.93
2,931,091.73
8,851.79
399,222.28
25,432.91
2,689,277.00
3,122,783.98
2,920,146.93

The statement of financial activities includes all gains and losses recognised in the period. All incoming resources and resources expended derive from continuing activities.

6

AMYAND PARK CHAPEL BALANCE SHEET

AS AT 31 DECEMBER 2021

FIXED ASSETS
Note
Tangible assets
5
CURRENT ASSETS
Prepayments
Gift aid tax refund due
Cash at bank and in hand
LIABILITIES:
Creditors: amounts falling due within one year
Other creditors
NET CURRENT ASSETS
TOTAL NET ASSETS
THE FUNDS OF THE CHARITY
Unrestricted General Fund
6
Unrestricted Designated funds
6
Restricted funds
6
Capital Fund
6
TOTAL CHARITY FUNDS		 2021
£
£
2,689,277.00
3,165.00
23,800.00
408,592.53
435,557.53
(2,050.55)
433,506.98
3,122,783.98
8,851.79
399,222.28
25,432.91
2,689,277.00
3,122,783.98		 2021
£
£
2,689,277.00
3,165.00
23,800.00
408,592.53
435,557.53
(2,050.55)
433,506.98
3,122,783.98
8,851.79
399,222.28
25,432.91
2,689,277.00
3,122,783.98		 2020
£
£
2,510,136.00
2,536.00
23,000.00
386,837.61
412,373.61
(2,362.68)
410,010.93
2,920,146.93
(8,231.14)
397,684.40
20,557.67
2,510,136.00
2,920,146.93		 2020
£
£
2,510,136.00
2,536.00
23,000.00
386,837.61
412,373.61
(2,362.68)
410,010.93
2,920,146.93
(8,231.14)
397,684.40
20,557.67
2,510,136.00
2,920,146.93
435,557.53
(2,050.55)		 412,373.61
(2,362.68)
3,122,783.98 2,920,146.93
8,851.79
399,222.28
25,432.91
2,689,277.00		 (8,231.14)
397,684.40
20,557.67
2,510,136.00
3,122,783.98 2,920,146.93

Approved by the trustees on 26 April 2023 and signed on their behalf by:

Trustee

7

AMYAND PARK CHAPEL NOTES TO THE FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2021

1 ACCOUNTING POLICIES

Basis of accounting

Amyand Park Chapel is an unincorporated charity registered in England and Wales. The principal address is 174 Amyand Park Road, Twickenham TW1 3HY.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standards Applicable in the UK and Republic of Ireland“ (“FRS 102”), “Accounting and Reporting by Charities”, the Statement of Recommended Practice for Charities Applying FRS 102 , the Charities Act 2011 and UK Generally Accepted Accounting Practice. The charity is a public benefit entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity.

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

The principal accounting policies adopted are set out below.

Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continuing operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

Incoming resources

Donations and other incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

The general account includes Sunday offerings and other unrestricted gifts which may be used for any purpose within the terms of the trust deed. Other gifts received for specified purposes are recorded in a restricted fund. Legacies and interest received are recognised in the general fund. The general fund and the capital fund are unrestricted funds. The missionary fund is a designated fund.

Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Funds

Unrestricted funds are available for the use at the discretion of the trustees in furtherance of the general activities of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Fixed assets

Property is included in the balance sheet at cost or where this is not available at the trustees’ estimate of the value. No depreciation is provided in respect of freehold property.

Depreciation is provided at rates calculated to write off the cost of each asset over its estimated useful life.

Stocks

No value is attributed to the value of the book room stock.

8

AMYAND PARK CHAPEL

NOTES TO THE FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2021

2 EXPENDITURE ON CHARITABLE ACTIVITIES


ACTIVITIES
Salaries and other staff costs
Pastoral and ministry costs
Church houseparty
Property costs
Other costs		 Unrestricted funds
Restricted
funds
Capital Fund
2021
2020
General Fund
Designated
funds
£
£
£
£
£
£
106,033.88
-
-
-
106,033.88
134,590.62
47,070.76
-
4,737.50
200.00
52,008.26
49,724.89
20,729.24
-
-
-
20,729.24
2,350.08
8,355.40
-
-
-
8,355.40
6,066.90
2,881.93
-
-
-
2,881.93
5,717.93
185,071.21
-
4,737.50
200.00
190,008.71
198,450.42
MISSIONARY PAYMENTS
Addis Baptist Church Ethiopia
Association of Evangelists
Barnabas Fund
Blythswood Care
Cranford Support
European Missionary Fellowship
International Mission to Jewish People
Open Air Mission
SASRA
Sri Lanka Work
UFM Worldwide		 2021
2020
£
£
7,500.00
4,800.00
350.00
-
175.00
175.00
-
175.00
500.00
500.00
2,000.00
1,800.00
500.00
500.00
175.00
500.00
1,250.00
850.00
1,250.00
7,000.00
3,000.00
2,800.00
16,700.00
19,100.00
4
FUNDS SUMMARY
Unrestricted funds
General Fund
Designated funds:
Missionary Fund
Special Fund (10 Court Road proceeds)
Restricted funds
Benevolent Fund
Designated Gifts Fund
Ethiopian Church Fund
Reserve Fund
Robin Asgher Fund
Sri Lanka Pastoral Work Fund
Capital Fund		 Balance as at
1 January
2021
Incoming
resources
Outgoing
resources
Transfers
Revaluations
Balance as at
31 December
2021
£
£
£
£
£
£
(8,231.14)
203,654.14
(185,071.21)
(1,500.00)
-
8,851.79
16,700.00
-
-
1,500.00
-
18,200.00
380,984.40
37.88
-
-
-
381,022.28
7,471.25
4,146.25
(4,667.50)
-
-
6,950.00
1,017.50
225.00
-
-
-
1,242.50
12.50
510.18
-
-
-
522.68
2,662.59
198.81
-
-
-
2,861.40
-
70.00
(70.00)
-
-
-
9,393.83
4,462.50
-
-
-
13,856.33
2,510,136.00
-
(200.00)
-
179,341.00
2,689,277.00
2,920,146.93
213,304.76
(190,008.71)
-
179,341.00
3,122,783.98

9

AMYAND PARK CHAPEL

NOTES TO THE FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2021

5 TANGIBLE FIXED ASSETS
TANGIBLE FIXED ASSETS

Cost:
As at 1 January 2021
Additions
Disposals
Revaluation
As at 31 December 2021
Depreciation:
As at 1 January 2021
Charge for the period
Eliminated on disposals
Revaluation
As at 31 December 2021
Net book value:
As at 31 December 2021
As at 31 December 2020		 Freehold land and buildings
Minibuses
Other assets
Total
Church
building
Manse
£
£
£
£
1,000,000.00
1,508,336.00
10,160.00
-
2,518,496.00
-
-
-
-
-
-
-
-
-
-
-
179,341.00
-
-
179,341.00
1,000,000.00
1,687,677.00
10,160.00
-
2,697,837.00
-
-
8,360.00
-
8,360.00
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
8,360.00
-
8,360.00
1,000,000.00
1,687,677.00
1,600.00
-
2,689,277.00
1,000,000.00
1,508,336.00
1,800.00
-
2,510,136.00

These properties have been valued by the trustees as at 31 December 2021 at a value of £1,000,000. They will be valued commercially in due course. They are free of financial encumbrances.

The current value of the property has been valued by the trustees (according to local conditions) as at 31 December 2021 at a value of £1,687,677.00 (2020: £1,508,336.00).

(c) Other assets

The church owns two minibus vehicles. The white minibus is valued at £1,250.00 and the blue minibus at £350.00.

10

AMYAND PARK CHAPEL

NOTES TO THE FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2021

ANALYSIS OF NET ASSETS BETWEEN FUNDS
As at 31 December 2021
Unrestricted funds
General Fund
Missionary Fund
Special Fund
Restricted funds
Benevolent fund
Ethiopian Church Fund
Reserve Fund
Designated Gifts Fund
Sri Lanka Pastoral Work Fund
Capital fund
As at 31 December 2020
Unrestricted funds
General Fund
Missionary Fund
Special Fund
Restricted funds
Benevolent fund
Ethiopian Church Fund
Reserve Fund
Designated Gifts Fund
Sri Lanka Pastoral Work Fund
Capital fund		 Fixed assets
Current
assets
Creditors:
amounts
falling due
within one
year
Net assets
£
£
£
£
-
10,902.34
(2,050.55)
8,851.79
-
18,200.00
-
18,200.00
-
381,022.28
-
381,022.28
-
6,950.00
-
6,950.00
-
522.68
-
522.68
-
2,861.40
-
2,861.40
-
1,242.50
-
1,242.50
-
13,856.33
-
13,856.33
2,689,277.00
-
-
2,689,277.00
2,689,277.00
435,557.53
(2,050.55)
3,122,783.98
£
£
£
£
-
(5,868.46)
(2,362.68)
(8,231.14)
-
16,700.00
-
16,700.00
-
380,984.40
-
380,984.40
-
7,471.25
-
7,471.25
-
12.50
-
12.50
-
2,662.59
-
2,662.59
-
1,017.50
-
1,017.50
-
9,393.83
-
9,393.83
2,510,136.00
-
-
2,510,136.00
2,510,136.00
412,373.61
(2,362.68)
2,920,146.93

6 ANALYSIS OF NET ASSETS BETWEEN FUNDS

7 STAFF COSTS

The charity has two full-time employees. Total staff costs in the period were as follows:
Wages and salaries
Social security costs
Employer’s pension contributions		 2021
2020
£
£
89,656.60
114,281.49
3,999.51
5,852.80
8,188.04
10,004.10
101,844.15
130,138.39

Pastor G J Hemmings and Mr S P Doyle received remuneration in respect of their pastoral services (not their trustee services) during the year. Their remuneration is included in the above analysis. One of the other four employees of the charity is Mrs A Hemmings.

8 INDEMNITY INSURANCE

The charity has indemnity insurance to protect it from loss arising from neglect or defaults of its trustees, employees or agents and to indemnify the trustees or officers against the consequences of any neglect or default on their part. The cost in 2020 was £311.93 (2020: £287.93).

11

INTERNAL USE ONLY - NOT PART OF THE FINANCIAL STATEMENTS

AMYAND PARK CHAPEL

NOTES TO THE FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2021

EXPENDITURE ON CHARITABLE
ACTIVITIES
Salaries and other staff costs
Salaries
Employer’s pension contributions
G J Hemmings expenses (telephone and
vehicle etc.)
Manse expenses (160 Amyand Park
Road – council tax, insurance (building
only), maintenance etc.)
Pastoral and ministry costs
Ministry (visiting speakers etc.)
Missionary tithe
Children’s and teenagers’ meetings
Outreach (coffee mornings, carol service
and special events)
Transport (vehicles, running costs etc.)
Audio systems
Books and literature table (purchases and
paid subscriptions)
Printing, posters, prayer and events diary
Donations and gifts
Flowers (chapel)
Training and development
Benevolent Fund
Church houseparty
Designated Gifts Fund
Ethiopian Church Support Fund
Jeyakanth’s support
Mission support – other
Church members support
Robin Asgher Fund
Sri Lanka Pastoral Work fund
Sundry costs
Depreciation
Property costs
Church cleaning
Utilities
Insurance (chapel buildings, fixtures,
contents)
Refurbishment projects (chapel fixtures,
fittings, materials, maintenance etc.)
Other costs
Professional fees
Trustees’ indemnity insurance		 Unrestricted funds
Restricted
funds
Capital Fund
2021
2020
General Fund
Designated
funds
£
£
£
£
£
£
93,657.11
-
-
-
93,657.11
120,134.29
8,188.04
-
-
-
8,188.04
10,004.10
897.32
-
-
-
897.32
1,264.40
3,291.41
-
-
-
3,291.41
3,187.83
3,420.08
-
-
-
3,420.08
1,377.49
9,200.00
-
-
-
9,200.00
7,300.00
1,710.16
-
-
-
1,710.16
1,320.79
4,769.81
-
-
-
4,769.81
3,094.44
2,395.44
-
-
-
2,395.44
3,448.41
1,493.66
-
-
-
1,493.66
1,711.69
124.80
-
-
-
124.80
145.80
798.67
-
-
-
798.67
373.59
2,500.00
-
-
-
2,500.00
54.95
180.43
-
-
-
180.43
149.79
245.00
-
-
-
245.00
784.95
-
-
4,667.50
-
4,667.50
87.50
20,729.24
-
-
-
20,729.24
2,350.08
-
-
-
-
-
3,212.25
12,000.00
-
-
-
12,000.00
8,460.00
6,000.00
-
-
-
6,000.00
12,000.00
-
-
-
-
-
850.00
685.97
-
-
-
685.97
1,645.58
-
-
70.00
-
70.00
247.50
-
-
-
-
-
2,500.00
1,546.74
-
-
-
1,546.74
760.16
-
-
-
200.00
200.00
200.00
3,373.61
-
-
-
3,373.61
1,809.96
2,966.86
-
-
-
2,966.86
2,426.58
1,618.05
-
-
-
1,618.05
1,558.30
396.88
-
-
-
396.88
272.06
2,570.00
-
-
-
2,570.00
5,419.00
311.93
-
-
-
311.93
298.93
185,071.21
-
4,737.50
200.00
190,008.71
198,450.42