2021-12-31-accounts

				Harvest Chapel! nternattrfnal	Harvest Chapel! nternattrfnal	- UK	Charit	No		1164948!SC047001	1164948!SC047001	1164948!SC047001
							Corri	an	No	CE005919
					Annual	accounts for the				eriod
				Period start date	01/01/2021		To			Period end date		31/12/2021
										~	~
~ ~ ~
							Restricted
Recommended categories				by activity	Unrestricted funds		income funds			Endowment funds		Totalfunds	Prior year funds
Income (Note 3)						F01	F02				F03	F04	F05
Income and endowments			from
Donations and legacies Charitable activities					~ S01 S02	232,907						232,907	166,934
Other trading activities					' S03
Investments					' S04
Separate material item ofincome					S05
Other					S06
Total Expenditure (Notes		6)			S07							232,907	166,934
Expenditure on:
Raising funds Charitable activities Separate material expense Other Total	item				S08 S09 S10 S11 S12	16,857 34,472 45,869 34,557 131,755						16,857 34,472 45,869 131,755	16,218 25,565 28,893 34,468 105,144
Net income/(expenditure)				before tax for
the reporting period					S13	101,152						101,152	61,791
Tax payable					S14
Net income/(expenditure)				after tax
before investment Net gains/(losses) on	gains/(losses)				S15	101,152						101,152	61,791
investments					S16
Net income/(expenditure) Extraordinary items					S17 S18							101,152	61,791
Transfers between		funds			S19
Other recognised	gains/(losses):
Gains and losses on revaluation			offixed assets for the
charity's own use					S20
Other gains/(losses)					S21
Net movementin funds					, S22							101,152	61,791
Reconciliation of
funds:
Total funds brought forward Total funds carried		forward			S23 S24	277,091 378,243						277,091 378,243	215,300 277,091

				~ ~ ~
Note 2				Accounting policies
2.2 INCOME
Recognltlon		ofincome		These are included in the Statement of Financial Activities (SoFA}when.
				I ~ the charity becomes entitled to the resources,
				~ it is more likely than not that the trustees will receive the resources;	Yes*		No*	N/a*
				i ~ the monetary value can be measured with sufficient reliability.
Offsetting				, There has been no offsetting ofassets and liabilities, or income and expenses, unless irequired or permitted by the FRS 102SORP or FRS 102.	Yes*		No*	N/a*
				I
Grants and donations				',Grants and donations are only induded in the SoFA when the general income recognition critena are met (5.10to 5.12FRS102SORP)	Yes*		No*	N/a'
				In the case of performance related grants, income must only bs recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant	Yes		No*	N/a*
				only occurs when the performance related conditions are mst (5.16FRS 102SORP).
				Legacies are included in the SOFA when receipt is probable, that is, when there has
Legacies				'been grant of probate, the executors have established that there are sufficient assets in the estate and sny conditions attached to the legacy are either within the control ofthe	Yes*		No*	N/a
				'charity or have been mst
Government		grants		The charity has received government grants in the reporting penod	Yes*		No*	N/a*
				Gift Aid receivable is included in income when there is a valid declaration from the donor.
Tsx reclaims on donations and gifts				Any Gift Aid amount recovered on a donation is considered to be part ofthat gift and is (treated as an addition to the same fund as the initial donation unless the donor or the	Yea*		No'	N/a*
				, terms ofths appeal have speciTied othenvise.
Contractual performance		income and related		,This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions.	Yes*	'	No*	N/a'
grants
Donated	goods			Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.	Yes*		No'	N/a*
				iThe cost of any stock ofgoods donated for distribution to beneficiaries is deemed to be ithe fair value ofthose gifts at the time of their receipt and they are recognised on receipt	Yes*		No*	N/a'
				, in the reporting period in which ths stocks are distributed, they are recognised as an
				expense at the carrying amount of the stocks at distribution.
				Donated goods for resale are measured at fair value on initial recognition, which is the
				expected proceeds from sale less the expected costs ofsale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance	Yes*		No*	N/a'
				sheet. On its sale the value of stock is charged against 'Income from other trading
				activities' and the proceeds from sale are also recognised as 'Income from other trading
				activities'.
				Goods donated for on-going use by the charity are recognised as tangible fixed assets	Yes*		No*	N/a'
				and included in the SoFA as incoming resources when receivable.
				Gifts in kind for use by the chanty are included in the SoFA as income from donations	Yea*		No'	N/a'
				when receivable.
Donated services and facilities				Donated services and facilities are included in the SOFA when received at the value of 'the gift to the charity provided the value of the gift can bs measured reliably.	Yes*		No'	N/a*
				Donated services and facilities that are consumed immediately are recognised as income	Yes*		No	N/a*
				iwith an equivalent amount recognised as an expense under the appropriate heading in
				the SOFA.
Support costs				The chanty has incurred expenditure on support costs.	Yes*		No*	N/a'
Volunteer	help			'The value of any voluntary help received is not included in the accounts but is descnbed ,'in the trustees' annual report.	Yes*		No*	N/a*
Income from		interest,		This is included in the accounts when receipt is probable and the amount receivable can	Yes*		No*	N/a*
royalties and		dividends		be measured reliably.
Income from subscrlptlons		membership		Membership subscriptions received in the nature ofa gift are recognised in Donations and Legacies.	Yes*		No*	N/a'
			"	, Membership subscriptions which gives a member the right to buy services or other	Yes*		No'	N/a*
				ibenefits are recognised as income earned from the provision ofgoods and services as
				income from charitable activities.
Settlement claims	ofinsurance			Insurance claims are only inctuded in the SoFA when the general income recognition criteria are met (5.10to 5.12FRS102SORP) and are included as an item of other	YeS*		No*	N/a'
				income in the SoFA.
Investment losses	gains and			This includes any resksed or unrealised gains or losses on the sale of investments and any gain or loss resulbng from revaluing investments to market value at the end of the	Yes*		No*	N/a'
				year.

2.3 EXPENDITURE AND LIABILITIES	2.3 EXPENDITURE AND LIABILITIES	2.3 EXPENDITURE AND LIABILITIES	2.3 EXPENDITURE AND LIABILITIES
Liability rscognltlon			iLiabilities are recognised where it is more likely then not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of ths	Yes*	No*	N/a*
			obligation can be measured with reasonable certainty
Governance costs		and support	Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its	Yes*	No'	Nla*
			compliance with regulation and good practice.
			Support costs Include central functions and have been allocated to actwity cost
			.categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage	Yes*	No	Nla*
Grants with performance, conditions			Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the	Yes*	No"	N/a'
			recipient of the grant has provided the specified service or output
Grants payable without performance conditions			Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for ths full funding obligation must be	Yes*	No*	N/a'
			recognised.
Redundancy	cost		, The charity made no redundancy payments during the reporting period	Yes'	No*	Nla'
Deferred income			No material item of deferred income has been included in the accounts.	Yes*	No*	N/a*
Creditors			The charity has creditors which are measured at settlement amounts less any trade discounts	YeS*	No*	Nla'
Provisions for liabilities			A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the	Yes'	No'	N/a*
			reporting date
Basicfinancial instruments			The charity accounts for basic financial instruments on initial recognition as per ,paragraph 10.7FRS102SORP Subsequent measurement is as per paragraphs 11.17 ,'to 11.19, FRS102 SORP.	Yes	No'	Nla*
2.4ASSETS
Tangible fixed use by charity		assets for	These ars capitalised if they can be used for more than one year, and cost at least
			They are valued at cost.	Yes*	No*	N/a'
			The depreciation rates and methods used are disclosed in note 14
intangible fixed assets			The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and ars controlled by the charily through custody	Yes	No*	N/a*
			or legal nghts. The amortisation rates and methods used are disclosed in note 15
			iThey are valued at cost	Yes*	No*	N/a*
Heritage assets			iThs charity has heritage assets, that is, non-monetary assets with historic, artistic. scientrfic, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation ',rates and methods used as disclosed in note 16.	Yes*	No*	Nla'
				Yes*	No*	N/a'
			They are valued at cost.
			'Fixed asset investments in quoted shares, traded bonds and similar investments are
Investments			valued at initially at cost and subsequently at fair value (their market value) at the year ,'end. The same treatment is applied to unbated investments unless fair value cannot be	Yes*	No'	Nla*
			:measured reliably in which case it is measured at cost less impairment
			tInvestments held for resale or pending their sale and cash and cash equivalents with a	Yes*	No'	Nla*
			maturity date ofless than 1 year are treated as current asset investments
Stocks and work in			Stocks held for sale as part of non-charitable trade are measured at the lower or cost or	Yea*	NO*	Nla'
progress			net realisable value.
			Goods or services provided as part ofa charitable activity are measured at net realisable	Yes*	No*	Nla*
			value based on ths service potential provided by items ofstock.
			Work in progress is valued at cost less any foreseeable loss that is likely to occur on the	Yes*	No*	Nla*
			contract.
			Debtors (including trade debtors and loans receivable) are measured on initial
Debtors			recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received	Yes'	No*	Nla*
Current asset investments		,	The chanty has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturily date less than one year These include cash on deposit and cash equivalents with a matunty of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due.	Yes*	No	N/a'
				Yes*	No*	N/a*
		They are valued at fair value except where they qualify as basic financial instruments.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE

												~	'		~
Note 3					Income
																		, Restricted
						Analysis			of		income						, Unrestricted funds,	income funds	' Endowment funds	Total funds	Prior year
																				E	E
Donations and legacies:			Donations Gift Aid			and	ifts										232,907			232,907	166,934
			Le acies
			General	grants provided						by		government/other
			charities
			Membership			subscriptions					and sponsorships
			which are		in substance				donations
			Donated		oods,		facilities			and			services
			Other
																Total	232,907			232,907	166,934
Charitable			Charitable		activities
activities:
			Other
																Total
Other trading
activities:
			Other
																Total
Income	from		interest	income
Investments:		Dividend		income
		Rental and				leasin		income
		Other
																Total
Separate
material	item
of income
																Total
Other:		Conversion				ofendowment					funds			into income
		Gain on for charit		disposal of a tangible 's own use									fixed asset			held
		Gain on		disposal			of	a programme							related
		investment
		Royalties		from the exploitation									of	intellectual
			ro ert	ri	hts
		Other
															Total
TOTAL INCOME																	232907			232 907	166934
Other information:
All income in the			prior year		was unrestricted						except				for:
(please provide		description			and amounts)
Where any endowment fund						is converted			into			income in the
reporting	period,		please give			the reason for					the		conversion.

					*
				~		~ ~		~
Note 6		Expenditure
								This	year			Last	year
								Restricted				Restricted
	Analysis					Unrestricted funds	i	income fuffds	Endowment funds,	Total funds	Unrestricted funds	income funds	Endowment funds	Total funds
Expenditure on raisin		funds:								f
Incurred seeking	donations					16,857				16,857	16,218			16,218
Total expenditure	on	raising funds				16,857				16,857	16,218			16,218
Expenditure on charitable activities:
Charitable activities						34,472				34,472	25,565			25,565
Total expenditure	on charitable		activities
														25565
Separate material	item ofexpense
Separate material	item	ofexpense				45,869				45,869	28,893			28,893
Total						45,869				45,869	28,893			28,893
Other
De reciation Loan Interest Accountanc fee						23,606 10,451 500				23,606 10,451 500	23,145 10,400			23,145 10,400
Total other expenditure TOTAL EXPENDITURE						34,557 131,755				34,557 131,755	33,545 104,221			33,545 104,221
	L
Other information:

Analy	sis	ofexpend	itu	re on charitable	activities
						This		year			Last	year
		Activity	or	programme	Activities undertaken directly	Grant funding of activities		Support Costs	Total this year	Activities undertaken directly	Grant funding of activities	Support Costs	Total last year
Activit	1
Activit	2
Other
Total

accounts and other services provided by y was paid please enter '0'in the appropriate	our independ box(es).	ent examine	r. Ifnothing
				This year f	Last year
Independent examiner's fees				500	500
Assurance services other than independent	examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, to the independent examiner		accountancy	services) paid

Note 14	Tangible Axed assets	Tangible Axed assets	Tangible Axed assets
Please complete this note ifthe charity has			any tangible fixed assets
14.1 Cost or valuation
	Freehold land a,		Other land a		Plant,	machinery		snd	Fixtures, fittings and		Total
	buildings		buildings		motor vehicles					equipment
At the beginning of the year	500,000									65,725		56,725
Additions										2,304			,304
Revaluations
Disposals
Transfers *
At end ofthe year										68,029		56	029
14.2 Depreciation and	impairments
**Basis SLor RB (Straight			SLor RB			SL or RB				SLor RB	SLor	RB
	Line or Reducing
	Balance)
'*Rate	2%									20%
At beginning of the	20,000									40,610		60, 10
year
Disposals
Depreciation	10,000									13,606		23,606
Impairment
Transfers
At end of the year										54,216		64,2 6
14.3Net book value
Net book value at the beginning ofthe year										25,115		505,115
Net book value at the end ofthe year	470,000									13,813
14.4 Impairment
This year. Please provide adescription ofthe events and
cimumstances that led	to the recognition	or	reversal ofan
impairment loss.
Last year: Please provide adescription ofthe events and
circumstances that led	to the recognitlon	or	raversat ofsn
impairment loss.
14.5 Revaluation
ffan accounting policy	ofrevaluation is adopted, please provide:									This year	Last year
the effective date ofthe revaluation
the name ofindependent	valuer, ifapplicable
the methods applied and significant assumptions
the carrying amount that would have been mcognised had the assets been carried under the cost model.
14.6 Other disclosures
										This year	Last year
(i) Please state the amount ofbormwing construction oftangible fixed assets and		costs,ifany, capitalisedin the capitalisation rate used.					the
(ii) Ptease provide the oftangible fixed assets.	amount ofcontractual		commitments	forthe acquisition
(fiick Details ofthe existence and carrying amounts ofproperty, plant equipment to which the charity has restricted title ortliat are pledged security fortisbi%ties.							snd as
* The "transfers" row is for movements between			lixed asset categones.
Pleaseindicate the method ofde rogation		b	deletin the method		nota		i/cable	SL =	strai	ht line' RB = redudn	balance	A/so

20.1 Analysis ofcreditors
					Amounts	falling due	Amounts	falling due after
					within	one year	more than		one year
					This year	Last year	This year		Last year
Accruals for grants payable
Bank loans and overdrafts					20,400	22,800	305,832		315,700
Trade creditors
Payments received on account for contracts
or performance-related grants
Accruals and deferred income					500	500
Taxation and social security
Other creditors
			Total		20,900	23,300	305,832		315,700
20.2 Deferred income
Please complete this noteifthe charity has				deferred
					This	year	Last year
Please explain the reasons	why income is
deferred.
Movementin deferredincome		account					This year		Last year
Balance at the start ofthe reporting			period
Amounts added in current period
Amounts released to income	from previous			periods
Balance at the end ofthe reporting			period

Note	24 Cash at bank and	in hand
					This year f	Last year
Short	term cash investments	(less than 3months	maturity	date)
Short	term deposits
Cash	at bank and on hand				221,162	110,975
Other
Total					22,1

		The objects ofthe Church are for the benefit ofthe Public:	The objects ofthe Church are for the benefit ofthe Public:	The objects ofthe Church are for the benefit ofthe Public:
		~	The objectives ofthe charity are to advance the Christian faith in accordance
			with the statement of beliefs in the United Kingdom and in such		other parts of	the
			world as the charity may from time-to-time think fit and such other purposes
			which are exclusively charitable according to the law of England		and Wales and
				relate to the charitable work ofthe charity.
		~	To advance the Christian faith in such ways and in such parts ofthe United
				Kingdom or the world as the Trustees from time to time may think fit
Summary ofthe objects ofthe charity set out in its governing document		~		To relieve sickness and financial hardship and to promote and preserve good health by the provision offunds, goods or services of any kind, including through the provision ofcounselling and support in such parts ofthe United Kingdom or
				the world as the Trustees from time to time may think fit
		~		To advance education in such ways and in such parts ofthe United Kingdom		or
				the world as the Trustees from time to time may think fit
		Summary		of main Activities
		~		The Charity provides services on Sundays (and other days) to	enable a safe
				place for worship, celebration, fellowship, and learning.
		~		Enable meetings for prayer and fellowship, to combat isolation	and loneliness.
				To enhance the lives offamilies and offer support and guidance	in helping to
				build a friendly and well-integrated society.
Summary ofthe main activities undertaken for the public benefit in relation tothese objects (include		~		Provide a safe place and offer support to help transform lives ofthose who attend.
within this declaration	section the statutory that trustees have had	~		Promote visitation ofhospices and sponsorship oftraining for returners to work
regard to the guidance issued by the Charity Commission on public		~		Provide Counselling and leadership training
benefit)		~		Provide support for after school club in the community
		~		The celebration of public worship, the teaching ofthe Christian	faith, mission,
				and evangelism.
		~		Pastoral work, including visiting the sick and bereaved, the provision offacilities
				with a Christian ethos for the local community, including (but not restricted to)
				the elderly, the young and other groups with special needs.
		~		The support ofother charities in the UK and overseas.
Additional	details ofobjectives and activities		(O	ptional information)

Summary	ofthe main achievements	ACHIEVEMENT AND PERFORMANCE
ofthe charity during the year		Charitable activities Reaching out to the communities:
		Harvest Chapel International-UK is committed to the development				and well-being of			its
		members as well as its communities through its programmes		ofevents which				made
		tremendous impact in the communities. Despite the impact of		the		pandemic	the charity
		managed to achieve all of its objectives.
		Investment Performance
		The Charity despite the difficulties the covid-19 pandemic	presented managed					to keep all
		mortgage up to date.
		In the course ofthe year the charity missed an opportunity	to	purchase a permanent
		place for the Bedford branch due to inability to mobilise funds.
		Internal and external factors
		Factors relevant to achieving objectives:
		Factors relevant to achieving objectives: Voluntary contributions				were affected		negatively
		in some branches as some contributors lost their jobs. The inability to change						all cash
		contributions to online payments was also a contributing	factor
		Plans for the Future
		The Charity is working towards acquiring more properties	from		which the community				can
		be better served.
		To ensure and provide all the required Government measures			and advice		in all Churches
		against Coronavirus (Covid 19)

								FINANCIAL REVIEW Reserves policy	FINANCIAL REVIEW Reserves policy
Briefstatement ofthe charity's policy on reserves								The Charity's financial position:
								The Charity is still working towards acquiring			more properties		from which the community
								can be better served.
								The charity's financial position is now being			meticulously built		carefully keeping costs			to
								the minimum, without compromising the		quality of services		rendered		at approximately		the
								same level ofincoming resources generated.
								Principal funding sources. The charity's		principal funding continues to be members'
								voluntary contributions and donations
								Cross Boarder Activity:
								The cross-border activity refers only to the branch in Scotland					with estimated 12.5%			of
								the whole activities ofthe Harvest Chapel International-UK.
									Risk Management:
									The trustees have a duty to identify and	review the risks to which the charity is exposed
									and to ensure appropriate controls are in place to provide			reasonable		assurance	against
									fraud and error.
									The trustees confirm that considerations	have been given		to the major risks to which				the
									charity is exposed and that systems have been designed '			and	established to mitigate
									those risks
Details ofany			funds materially				in
deficit
Further financial				review	details		(Optional		information)
You	may choose			to include		additional			Financial Review:
information,		where		relevant		about:			The total incoming resources has increased		by about 39.5%to F232,907 in 2021 as
~	the charity's		principal		sources		of		compared to F166,934 in 2020.
~	funds (including any fundraising); how expenditure has supported key objectives ofthe charity;							the	The total resources expended increased compared to F105,144 in 2020.	by	about 25.3%	to F131,755 in 2021 as
~	investment		policy and objectives						The net surplus increased by 63.7%to	F101,152as compared tof61,791 in 2020
	including any ethical policy adopted.				investment				Total reserves for the year under review	increased by about 36.5%				to F378,243	in 2021
									as compared to F277,091 in 2020
									The Charity's financial position: This is now		being meticulously		built	carefully keeping
									costs to the minimum, without compromising		the quality ofservices rendered at
									approximately the same level of incoming resources generated.
									Principal funding sources. The charity's	principal funding		continues to be members'
									voluntary contributions and donations
									CROSS BORDER ACTIVITY The cross-border activity refers				only to the branch		in
									Scotland with estimated 12.5%ofthe whole		activities ofthe Harvest			Chapel International-
									UK.