Christ Church Newham URC Annual Report and Accounts st For the year ended 31 December 2020. Christ Church Newham URC Legal and Administrative Information 2020 Minister of Word and Sacrament: EldersThrustees who served durlng the year were: Current Eldersltru5tees Mr Charles Kweabaah Acheampong Ms Temutope Alegbeleye Mr Mark Freeman Mr Flavien Mankulu Mrs Bola Mosuro Mrs Jemima Mukankusi Nkusl Mr Carey Peter Noel Mrs Ann Obatomi Mr Blaise Diaz appointed Isecretaryl Mr Raj Kiran Padala Assistant Pastor: Mr Ruben John. Correspondence Address 663 Barking Road Plaistow London E13 9QA Independent examiner Brian Dexter ACMA 172 Sandford Road East Ham London E63PX Legal Status as Christ Church Newham URC, registered with the Charity Commission on 4 January 2016 with number 1165032. Christ Church Newham URC Elders, Report 2020 The Elders present their report and accounts for the year ended 31st December 2020 The accounts have been prepared in accordance with the accounting policies Set out in the notes to the accounts and comply with the Charities Act 2011 and the SORP IFR51021 "Accountin8 and Reporting by Charities" issued in March 2015. Structure and Govemance Christ Church URC Newham is govemed and managed by its minister and Elders who meet eight times a year Rlsk The trustees have given due consideratiori to the major risks to which the charity is exposed, and are satlsfied that systems, policies and procedures are in place to mitigate exposure to major risks. Obj•¢tives The objectives of Chrlst Church URC Newham are to advance the Christian religion in the local community of Newham for the benefit of the public through the holding of prayer meetings, lectures. public celebration of religious festivals, producing and/or distributing literature on Christlanity to enlighten others about the Christian religion. Elders, report on the aehievements and aetivities pn>gressed in the year To say that 2020 was rather strange would be an understatement. In February we held our final service at the old building on Barking Road before moving to Lenwood Hall. Then the demolition ￿eW moved in and flattened the site in preparation for the rebuild. The move to Lenwood presented us with the physÉcal chaIlenge of getting the contents of Cbrist Church into a much smaller space. Hard decisions were made on what to keep and what to throw away. We owe a great deal to the small number of people who worked tirelessly to make sure ail the essential items wer¢ moved safely. Only a few weeks after the move, the county was brought to a standstill by the coronavirus pandemic. Lenwood Hall was closed and all activities at the church came to a halt, but the members of Chrfftst Church continued to meet online via Zoom. The URC gav¢ us a detailed risk assessment to go through before the church could rewopen. Over the summer, the Elders made detailed plans to meet government guidelines and take all necessary p￿CautionS to prevent an outbreak of the pandemic in chuwh. After the country went into a second lockdown at the start of November, Lenwood eventually re-opened for th worship on 13 December. Scrviccs havc Continued to be broad¢dSl Zoom since then, giving members the opportunity to attend online if they are unable to come to the church building. During the lockdown, Christ Church h&s continued to hold Sunday Sehool lessons, moving to a weekly session on a Saturday afternoon via Zoom. The sessions have been very w¢ll att¢ndcd with up to 15 children attending each week. The children have flourished during this time. becoming more involved in the Sunday services, demonstrating th¢ commitment that both th¢ children and parents have to Christ Church. Our youth sessions have aEso moved online and our young people taking a more active role in leading worship. The P&8tor and Elders have continued to offer pastoral support through phon¢ calls and home visits where possible. In August, Christ Church began preparations to start a food bank. initially to meet the needs of members strnggling financially through the pand￿1c, with the aim of opening it up to the wider community. In November, our Church Secretary stepped down having served a full terni of three years. In January 2021 we were delighted to appoint Blaise Dtas as our new Cburcb S¢cretary following the membership's vote lor Blaise onto the Eldership. We wish him every succcss and off¢r him OUT full supwrt in his new role. 2021 promises a new beginning for Christ Church. The pandemic has shown lls new ways of working and meeting. The church has already seen a strengthening in its prayer life, with members me¢ting online throughout the week for morning and evening prayer and fellowship. Attendance on Sundays has remained strong and online services have attracted fellow Christians frotn around the world. With the prospect of moving into the new building in September 2021, Christ Church looks sel to make a greater impact on the community of Newham at a time of great need. In God we t￿St. Finaneial Review The Charity's financial transactions during the year and the financial situation at the end of the year are set out in the following accounts. The trustees consider the financial w)sition to be satisfactory. Reseryes policy The Elders, policy on reserves is to hold sufficient free reserves to cover six months projected operating CO8ts. (£41,174). The tota l Teserves as at 31 st Decemb¢r 2020 are £l10.151 of which £33,719 are Testricted funds leaving unrestricted fijnd balances of £76,432. Of this £16,915 is held in the book value of fixed assets, l¢aving free reserves at £59,517. Elders note that r¢serv¢s now cov¢r eight months of opcrating costs which exceeds the required level. Elders consider this to be prudent given the re-buildiug works and the situation concerning the Covid-19 pandemic. Signed Date Pp Carey Noel {Outgoing S¢¢r¢tary) 24th July 2021 31 Page Christ Church Newham URC Independent Examinerfs Report 2020 To the Trustees. I report on the accounts of the Fellowship for the year ended 31st December 2020, whrch are set out In the following pages. Respectlve responsibilities of trnsteès and examiner The trustee5 are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144121 of the Charities Art 2011, "the 2011 Act" and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and 15 eligible for Independent examination, it is my responslbility to= Examine the accounts under Section 145 of the 2011 Act. To follow the prO￿dureS laid down in the general directions given by the Charity Commisslon tsnder section 14515llbl of the 2011 Att; and To state whether particular matters have come to my attention. Basls of Independent examlnerfs rÈport My examinatlon was tarried out in accordance with the general Directions givèn by the Charity Commission. An examination Includes è review of the accounting recofds kept by the charity and a comparison of the accounts presented with those records. It also include5 conslderation of any unusu31 items or disclosures in the accounts and seeking explanations from you the trustees con￿rning any such matters. The Procedures undertaken do not provide all the evidence that would be required in an audSt an¢J consequently no opinion is given as to whether the accounts present a 'true and fair Vie￿ and the report is limited to those matter$ Set out in the staternent below. Independent examinee$ statement lfi connection with my examination, no matter has come to my attention: lal Which gives me reasonable cause to believe that In any material respect the requirements= To keep accounting records in accordance with section 386 of the companies Act 2(X)6,' and b. TD prepare accounts whlch accord with the accounting records, comply with thè Charities Act 2011 and the SORP IFRS1021 'Accounting and Reporting by Charities" issued in March 2015. have not been met- or Ibl To wh¥ch. in my opinion, attention should be drawn in order to Ènable a proper undèrstandin8 of the accounts to be reached. Brian Dexter Chartered Management Accountant 172 Sandford Road East Ham London E6 3PX Dated........... 41 Page Christ Church Newham URC STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020 Unrestricted Restricted Funds Funds Total 2020 Total Note 2019 Income and endowments from Donations and legacies £ 39,122 £ 33,209 £ 72.331 £ 52,606 Other trading activities 3b £ 25,260 £ 25,260 £ 43,507 Investment Income 3c 113 113 99 Other Incoming Resources 3d £ 2.799 £ 2,799 Total Incoming Resources £67294 £ 33 209 £ 100 S03 £96212 enditure on Raising funds Charitable activities Church activities Its £ 63,518 £ 63,518 £ 74.399 Total cost of Charitable actlvltles £ 63,518 £ 63,518 £ 74,399 Other costs Ilb £ 5,037 £ 5,037 £ 7,289 Total resources expended £ 68.555 £ 68.555 £ 81,689 Net movement in funds £ 33209 £ 31948 £ 14524 Reconclllatlon of funds: Fund balances l January 2020 £ 77.693 510 £ 78,203 £ 63,679 Fund balances 31st December 2020 £Jl £78 This statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. All of the organisation's operations are classed a5 continuing. Christ Church Newham URC BALANCE SHEET ASAT 31 DECEMBER 2020 Note 2020 2019 Fixed Assets Tan8ible Fixed Assets £ 16915 £ 17761 Current Assets Debtors Cash at bank and in hand 141 645 £97435 £ 97.576 £ 65.285 Llabllities: Creditors: amounts due within One year Net Current Assets £ 93236 Credltors: amounts falling due after more than one year. Total Net Asset5 20 The Funds of the charity: Restricted income funds Unrestricted funds Totsl Funds £ 33,719 £ 76432 510 £ 77693 Trustee Re5pon51bllltles The Charities Act 2011 requires the trustees to prepare financial statements ft)r each financial year which give a true and fair view of the state of affairs of the trust for that period. In preparing those financial statements the trustees are required to: Selert suitable accounting policies and apply them consistently Make judgements and estimates that are reasonable and prudent Prepare financial statements on the going concern basis unless it is inappropriate to presume that the trust will continue to exist The trustees are responsible for keeping proper records, which disclose with reasonable accuracy the financial position of the trust. They are also reswnsible for safeguarding the assets of the trust and taking reasonable steps to prevent and detert fraud and other irregularities. The accounts were approved by the Trustees on Chair T(IlLhkf 861r4 121, Secretary. Christ Church Newham URC NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 3tst December 2020. Accounting Policies Basis of preparation The accounts have been prepared under the hlstoric cost convention. The accounts have been prepared in accordance wrth applicable accounting standards, the Statement of Recommended Practice: Accounting and Reporting by Charities issued March 2015 and the Charities Att 2011. Incoming Resources Incoming resources are credFted in the accounts when they are received, except that: Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources, receipt is probable, and the value is known with certainty. Performance related Grant income is only included in the SOFA once the related goods and services has been delivered Volunteer Help is not included in the accounts as its value cannot be measured with sufficient reliability, but it is described in the trustees, annual report, Resources expended Liabilities are recognised in the accounts at the time when a commttmentto make payment is incurred. d. Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the costs less estimated residual value of each asset over its expected useful life, as follows: Fixtures, fittings and equipment General Equipment Music Equipment Building Improvements IO% p.a on reducing balance. 25% p.a on reducing balance. 25% p.a on reducing balance. Christ Church Newham URC NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st December 2020. 2, Tanglble Fixed Assets Fixture5 & Fittings Building Office Music Improvements Equipment Equipment Total Cost As at l January 2020 Additions Disposals As at 31st December 2020 £ 12 409 £12,409 £ 12,509 £51,954 £21,529 £ 98,401 £51954 £21529 £ 98 401 Accumulated Depreclation As at I"January 2020 Charge for year On disposals As at 31st December 2020 £ 9 604 £ 9,292 £ 312 £ 51,274 £ 170 £ 20,074 £ 80,640 364 £ 846 £20438 £81486 Net Book Value As at 31st December 2020 As at 31st December 2019 £12 £17761 3. Income and Endowments This Year a)Donatlons and Legacie5 Offering Income Grants Gift Aid Recoverable Total blTrading Income Rents and Room Lettings Total b) Investment Income Interest receivable Total d) Other Incorning Resources Sundry Income Refunds Unrestritted Restricted £ 34,384 £ 33,209 Total £ 67,593 2019 £45,215 £39122 £72331 £ 25260 £25260 £25260 £43 507 £43 507 113 113 113 99 99 2,314 485 £ 2,314 485 Total Christ Church Newham URC NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st December 2020. 3.Income and Endowments Prior Year a)Donations and Le8acie5 Offering Income Grants Gift Aid Recoverable Total blTrading Income Rents and Room Lettings Total b) Investment Income Interest receivable Total d) Other Incomlng Resources Sundry Income Refunds Total Unrestricted Restricted £ 44,705 510 Total £ 45,215 2018 £57,435 £ 52096 510 £52606 £65 985 £ 43507 £52 415 £ 43507 £43507 £52 415 99 99 71 99 71 4. Trustees None of the trustees (or any persons connerted with them) received any remuneration during the year 2020 (2019.. nlll. Small reimbursement5 of normal church expense5 were made to them. Christ Church Newham URC NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st December 2020. S. Employees The average monthly number of employees during the year was 312019: 31. The employment costs forthe year were- Wages and Salaries £33,473 {2019: £ 33,6571 NIC £2.314 (2019: £ 2,3371, pension costs. £765 (2019: £734}. The £2,314 of NIC cost was recovered from HMRC by way of the Employers annual allowance, to which the church was entitled. 6. Cash at Bank and In Hand 31-Dec-2020 31-Dec-2019 Community Account Business Reserve Account Debit Card Account URC Group Account Christ Church ministries account Brickfields Current Account Total £ 96,205 £ 63,410 1,230 1,230 7. Debtors and Prepayment5 Loan to member Accounts Receivable Expenses to be refunded Accrued Income and prepayments Total 31-Dec-2020 31-Dec-2019 200 298 141 147 141 645 8. Creditors: amounts falling due within one year Barclays current account Uncleared expired cheques Independent Examiner's Fee Accrued Utility bills Net Pay due Pension contributions due PAYE/NIC due to HMRC Total 31-Dec-2020 679 31-Dec-2019 1,921 851 6(KJ 600 195 935 38 148 9. Capital commitments At 31st December 2020 the Charity had no capital commrtments12019: Nill. IOIPage Christ Church Newham URC NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st December 2020. 10 .Detail breakdown of Resources Expended. 2020 2019 al Cost of Charitable Activities Wages and Salaries Employerfs NIC Pension Contributions Costs Children and Youth work Donations to Christian Missions Contribution to URC central Funds Conference Costs Licentes and Subscriptions Mlnistry Expenses Office Costs Outreach and Evan8elSsm Repairs and Maintenance Cleaning and Waste Management Removal expenses Telephone Costs Utilities £ 33,419 2,314 765 £ 33,657 734 £ 1,356 £ 4,902 £ 10,000 60 4.602 £ 10,000 158 £ 3,157 1,556 501 266 750 578 £ 2,362 £ 8,148 1,477 i.iii 2.148 677 4,985 Depreciation 846 Total General Fund Charitable Activities cost £ 63 518 Restrirted Fund Cost of Charitable Activities Youth Worker Expenses Total Cost of Charitable Activitie5 £ i,oii £ 5,319 £ 74399 b} Other C05t5 Governance- Independent Examlnation Bank Charges Insurance Costs Legal & Professional Fees Total 600 600 329 357 2,948 £ 5,632 7CM) IIIPage