## Trustees Report 2020
## ARC Global Churches
Arc Church 66A Sebert Road Forest Gate London E7 0NJ
0208 555 4245 info@arc4u.org.uk www.arc4u.org.uk CI � No. 1165652
## **Contents**
|Organisation Details|3|
|---|---|
|Trustees Report|4|
|Aims and Purpose|5|
|Objectives|6|
|Achievements|7|
|Discipleship|8|
|Online services|9|
|Channels|10|
|Church Plant|11|
|Public Benefit|12|
|ARC Global Activities|13|
|Future Plans|14|
## Organisation Details
## **Board of Trustees**
Mr Peter Nembhard Mr Richard Bobb-Semple Ms Michelle Darko Ms Samantha Miranda Mr Davis Kunihira Mr Colin Glen Mr Marvin Johnson
Chair Member Member Secretary Member Member Member
## **Registered Address**
66a Sebert Road
Forest Gate London E6 0NJ Telephone: 0208 555 4245 Email: info
## **Bankers**
NatWest Bank PLC Stratford Broadway Ground Floor Gredley House 1-11 Broadway London E15 4BQ
## **Independent Examiner**
JG & Associated Marco Polo House 3-5 Lansdown Road Croydon Surrey CR0 2BX
## Trustees Report of 2020
_I therefore, a prisoner for the Lord, urge you to walk in a manner worthy of the calling to which you have been called, with all humility and gentleness, with patience, bearing with one another in love, eager to maintain the unity of the Spirit in the bond of peace. There is one body and one Spirit—just as you were called to the one hope that belongs to your call— one Lord, one faith, one baptism, one God and Father of all, who is over all and through all and in all. But grace was given to each one of us according to the measure of Christ's gift.”_ Ephesians 4:1-7 (ESV)
2020 has been another successful year for ARC Churches, we use the term ARC Global which is the umbrella for all our churches. We have seen solid spiritual, numerical and financial growth during the year. We have been stronger by coming together as the scripture above encourages, we have endeavoured to maintain unity of the spirit and used this unity to demonstrate the love of Christ to the communities we serve.
In a year dominated by the Covid-19 Pandemic and economic uncertainty, we have provided stability, hope and love, to many people. We have maintained the importance of belonging to the ARC church family and reached out to our wider community through care and compassion providing a foodbank service giving essential supplies with this initiative and pastoral care at a time when the community most needed a helping hand.
2020 saw the start of an increased online presence due to the Covid-19 pandemic. The initial response was to bring all our churches together, so each congregation was supported through our ONE services on YouTube. We maintained ARC Bible School throughout the year and achieved our goal of purchasing the house next door at number 66 Sebert Road, which is being used in line with our ethos.
Another highlight was the launch of our newest Church plant, "ARC Freedom Life" Cork, in September which, is the fruit of our mission to Cork in the previous year. Using a local hall in Cork, God has shown our team favour and they are growing and are developing well in their first year. We also continue to support several organisations, both nationally and internationally, with their work and ministries.
We are confident in 2021 ARC Global congregation of churches will continue to grow and deliver the vision that God has entrusted to us.
Trustees & Elders ARC Global Churches
## Aims and Purpose
ARC, an acronym for A Radical Church, held its first service in 1997 with twelve people. It is now home to more than 800 members across 7 locations. The founding members set out to make ARC a relevant, radical and real church in the heart of East London, positively impacting the lives of the people within the community.
A relevant Church is a practical church that purposefully and intentionally adds value to the lives of everyone with which it comes into contact. Our moto is "Keeping it Simple, Keeping it Radical and always Keeping it Real"
At ARC, we strive to be radical, which means that we are willing to challenge typical church norms to ensure that God’s ultimate purpose is achieved. We aim to be real, where people can be themselves without condemnation and judgement.
We have created a church where everyone can feel welcome and has a sense of belonging. This vision has spread to our churches across our branches both in the UK and internationally when people join us our aim is to connect them to God.
## **Objectives**
The objectives of the charity have remained the same as in previous years.
To advance the Christian faith in accordance with our statement of beliefs
To advance education in accordance with Christian principles
To promote and fulfil other charitable purposes beneficial to the community
These objectives outline our purpose and goals as a charity. They are embodied in the specific activities that we undertake every year.
ARC Global is committed to presenting God in a radical, simple yet real way.
## Achievements
## **Events**
**4 8 9**
Baby dedications **Weddings Funerals**
## **Discipleship**
**2 19 65**
Leadership trainings **18 Jan & 18 Jul**
**Baptisms NBC completions** New Believers Class
## **Online services**
**74**
Online services
**6th**
Of Sep 20 Semi-live Physical services resume
## **Channels update**
YouTube **3k+** subscribers Facebook **1.9k** followers Instagram **1.6k** followers Twitter **757** followers
Church planting
**ARC Cork** Started: Sep 2020 & by Dec 2020:
**5 11 4 3**
Families **Adults Teenagers Under 7’s**
## **Public Benefit**
The Trustee confirm that we have complied with our duty in section 17 of the Charities Act 2011 to have regard to the Charity Commissions general guidance on public benefit.
ARC Global benefits the community it serves through its activities. The Covid-19 Pandemic had an impact on all the regular meetings. Activities which used the church building had to refocus on how to engage with members. This led to a greater online presence for activities such as children’s ministry, youth ministry activities, discipleship training, and Pastoral care.
The ARC foodbank initiative responded by feeding on average 200 people per week serving over 12,800 people in the Newham area and beyond to provide basic essentials and food provision for the most vulnerable in our local community.
With various different initiatives' within Arc Global each one is designed to help grow and develop members, to serve the community and further the work of the ministry.
## **Arc Global Churches and Activities**
ARC Global churches activities reflect Christ in all that we do. These activities help those in need, mentor and guide young people in our communities and caring for the elderly. The work of the church is facilitated through prayer, worship and teaching the gospel which is lead by our team of lead elders across the branches with their teams.
ARC Forest Gate ARC Sydenham ARC Thurrock ARC Walthamstow ARC Birmingham ARC Life Dagenham Arc Freedom Life Cork
Lead Elder Peter Nembhard Lead Elder Davis Kunihira Lead Elder Ashley Gabriel Lead Elder Herbie Thomas Lead Elder Ricky Otto Lead Elder Gary Jarrett Lead Elder James Thornhill-Fisher
## **ACTIVITIES**
ARC Bible School Pastoral Care Youth Mentoring Goons for God - Evangelism Cedars – Elderly Day Care Bible Teaching and Discipleship Men’s Ministry Women’s Ministry Life Groups Food Bank Missions Church Planting
## **Future Plans**
The ARC 2020 vision to grow to 20 branches by 2025 is ongoing, this ambitious target is driving the ARC’s church planting and discipleship programmes seeking to achieve this requires training and leaders which we can only do with the help of our partners, congregation and God.
Our partners and congregation are excited about achieving this vision to spread the good news of the gospel throughout the UK and beyond.
As the vision encapsulates churches beyond the UK the organisational structure for ARC is being reviewed and adapted to assist the vision of growing churches in the UK and abroad.
In 2020 we have discussed and put together the framework for the structure to support this vision which is being reviewed and updated to ensure we grow healthy churches.
This project will continue into 2021 as we seek opportunities to assist the growth of ARC Global.
## **A RADICAL CHURCH**
## Annual Accounts
## 31 December 2020
Charity Registered Number: 1165652
A RADICAL CHARCH (ARC) ANNUAL REPORT YEAR ENDED 31 MARCH 2020 CHARITY DETAILS
|**CHARITY NUMBER**|1165652||
|---|---|---|
|**STATUS**|Charity Incorporated Organisation (CIO)||
|**GOVERNING DOCUMENTS**|TRUST DEED as of 1stSeptember 1997 ARC||
||Constitution as of 19thFebruary 2016||
|**TRUSTEES**|Mr Peter Nembhard||
||Ms Michelle Kusi-Darko||
||Mr Claude Colin Glen||
||Mrs Youkai Samantha Miranda||
||Mr Davis Kunihira||
||Mr Gary Jarrett|Retired 31.08.2020|
||Mr Richard Bobb-Semple||
|**PRINCIPLE OFFICE**|66a Sebert Road||
||Forest Gate||
||London||
||E7 0NJ||
||Telephone: 020 8555 4245||
||Email: info@arc4u.org.uk||
||www.arc4u.org.uk||
|**BANKER**|NATWEST BANK PLC||
||Stratford Broadway||
||Ground Floor, Gredley House||
||1 – 11 Broadway||
||E15 4BQ||
|**EXAMINERS**|JG & ASSOCIATES||
||Marco Polo House||
||3-5 Lansdowne Road||
||Croydon||
||Surrey||
||CR0 2BX||
Registered Charity Number: **1165652 ref** : | Annual Report 2020 | page: 2
© ARC, 2021. All rights reserved.
A RADICAL CHARCH (ARC) ANNUAL REPORT TRUSTEES’ REVIEW YEAR ENDED 31 DECEMBER 2020
## **FINANCIAL REVIEW**
For the year ended 31[st] December 2021, there was an improvement in the finances compared to last year despite the pandemic.
## **PRINCIPLE**
The sources of funding are collections and donations.
## **RESERVES POLICY**
The Trustees have considered the level of reserves they wish to retain appropriate to the charity’s needs and are satisfied that the present reserves are adequate based on the charity’s size and the level of commitments held.
## **RISK REVIEW**
The trustees conduct periodic reviews of the major risks to which the charity is exposed and systems and procedures to manage those risks identified are implemented so as to minimise any potential impact on the charity should any of those risks materialise.
The ARC maintains a healthy net current asset level and there is no major financial risk identified as of 31 December 2020. With eight staff members by the end of the reporting period, there are health and safety and employment law policies in place. The risks posed by staff are being mitigated through modern management systems and practices, regular systems test and checks including fire drills and alarms. As a matter of general policy, independent professional advice is taken regularly whenever appropriate.
## **INVESTMENT POLICY**
The trustees have considered the most appropriate policy for investing. Due to the surplus from prior years, they have been able to invest in property, which will bring in residual income.
## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES**
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 charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:
- a) Select suitable accounting policies and apply them consistently;
- b) Make judgements and estimates that are reasonable and prudent;
- c) State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
- d) Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
© ARC, 2021. All rights reserved. Registered Charity Number: **1165652 ref** : | Annual Report 2020 | page: 3
A RADICAL CHARCH (ARC) ANNUAL REPORT TRUSTEES’ REVIEW YEAR ENDED 31 DECEMBER 2020
The trustees are responsible for keeping accounting records which 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 1993. They 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.
## **APPROVAL**
This report was approved by the trustees on 29th October 2021 and signed on their behalf.
## **Mrs Youkai Samantha Miranda - Trustee**
Registered Charity Number: **1165652 ref** : | Annual Report 2020 | page: 4
© ARC, 2021. All rights reserved.
A RADICAL CHARCH (ARC) ANNUAL REPORT EXAMINERS REPORT YEAR ENDED 31 DECEMBER 2020
## **Independent Examiners report to the trustees of A Radical Church (The ARC)**
I report on the accounts of the Trust for the period ended 31[st] March 2020 which are set out on pages 5 to 13.
## **Responsibility of Examiner**
The trustees of the charity are responsible for the preparation of the accounts. The Charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 act) and that an independent examination is needed. It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
Since the Company’s gross income exceeds £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. We confirm that the examiner is qualified to undertake the examination because they are a member of the Association of Accounting Technicians in England and Wales which is one of the listed bodies.
## **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 which gives me cause to believe that in, any material respect:
1. Which gives me reasonable cause to believe that in any material respect the trustees have not met the requirements to ensure that:
- a. the accounting records were not kept in accordance with section 130 of the Charities Act; and
- b. accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act have not been met or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed …………………………………………………….……….…
Date: 31[st] October 2021
Mr TJ Smith, ICAEW & Miss Joanna Goodridge MICB
© ARC, 2021. All rights reserved. Registered Charity Number: **1165652 ref** : | Annual Report 2020 | page: 5
A RADICAL CHARCH (ARC) ANNUAL REPORT INCOME AND EXPENDITURE YEAR ENDED 31 DECEMBER 2020
## **STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31 DECEMBER 2020**
|||**Unrestricted**|**Restricted**|**£**|**£**|
|---|---|---|---|---|---|
|**INCOMING RESOURCES**|**Notes**|**Funds**|**Funds**|**2020**|**2019**|
|||||||
|Donations|2.1|673,465|21,353|**694,818**|**548,716**|
|||||||
|Charitable Activities|2.2|2,017|25,756|**27,773**|**6,903**|
|||||||
|Other TradingActivities|2.3|2,141|0|**2,141**|**15,217**|
|||||||
|Investment Income|2.4|15,894|0|**15,894**|**15,810**|
|||||||
|Other Income|2.5|0|0|**0**|**-**|
|||||||
|**Total £**||**693,517**|**47,109**|**740,626**|**586,646**|
|||||||
|**RESOURCES EXPENDED**||||||
|||||||
|RaisingFund|3.1|49,101|21,596|70,697|**192,611**|
|||||||
|CharityActivities|3.2|472,520|-|472,520|**340,570**|
|||||||
|Other|3.3|100|-|100|**1,035**|
|||||||
|**Total £**||**521,721**|**21,596**|**543,317**|**534,216**|
|||||||
|Netgains(losses)on investments||0|0|**0**|**0**|
|||||||
|**Net income/(expenditure) £**||**171,796**|**25,513**|**197,309**|**52,430**|
|||||||
|Transfer between reserves £||-|-|**0**|**0**|
|Total funds brought forward £||784,558|17,885|**802,443**|**749,755**|
|||||||
|**Total funds carried forward £**||**956,354**|**43,398**|**999,752**|**802,185**|
The notes form part of these financial statements.
## **Statement of total recognised gains and losses.**
The Charity does not have any gains and losses other than the income and Expenditure for the period to report.
© ARC, 2021. All rights reserved. Registered Charity Number: **1165652 ref** : | Annual Report 2020 | page: 6
A RADICAL CHARCH (ARC) ANNUAL REPORT BALANCE SHEET YEAR ENDED 31 DECEMBER 2020
||**Notes**||**2020**|**2020**|**2019**|**2019**||
|---|---|---|---|---|---|---|---|
||||**£**|**£**||**£**||
|**ASSETS**||||||||
|Tangible assets|1.8|||2,365,288||1,748,699||
|||||||||
|**Total Fixed Assets £**||||||**1,748,699**||
|||||||||
|**CURRENT ASSETS**||||||||
|Debtors|4.1||138,980||44,313|||
|Cash at bank and in hand|4.2||238,364||274,249|||
|**Total current assets £**|||377,344||318,562|||
|||||||||
|**Creditors: amounts falling due**||||||||
|**within one year**|4.3||(31,966)||(22,100)|||
|||||||||
|||||||||
|**Net current assets £**||||345,379||296,462||
|||||||||
|**Total assets less current liabilities £**||||**2,710,667**||**2,045,161**||
|||||||||
|Creditors: amounts falling due after more||||||||
|than one year|5|||(682,940)||(214,744)||
|||||||||
|**Net assets**||||**2,027,726**||**1,830,417**||
|||||||||
|**Funds of the charity**||||||||
|Funds brought forw ard 1st January||||926,413||873855||
|Restricted funds||||25,513||17,885||
|Unrestricted funds||||171,796||34,673||
|Revaluation Reserve||||904,004||904,004||
|||||||||
|**Total funds as at 31st December £**||||**2,027,726**||**1,830,417**||
|||||||||
|||||||||
These financial statements were approved and signed by the trustees on the (enter date):
_____________________________________________
Mr Colin Glen
_____________________________________________
Mr Davis Kunihira
© ARC, 2021. All rights reserved.
Registered Charity Number: **1165652 ref** : | Annual Report 2020 | page: 7
A RADICAL CHARCH (ARC) ANNUAL REPORT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020
## **ACCOUNTING POLICIES**
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## **1.1 Basis of accounting**
The accounts have been prepared in accordance with the charity's governing document, the Companies Act 2006 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 2016). 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 amounts in these financial statements are rounded to the nearest£.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
## **1.2 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.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.
Registered Charity Number: **1165652 ref** : | Annual Report 2020 | page: 8
© ARC, 2021. All rights reserved.
A RADICAL CHARCH (ARC) ANNUAL REPORT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020
## **1.3 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 arrived 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.
## **1.4 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 payments 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 noncurrent liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## **1.5 Fund accounting**
Funds held by the charity are:
- Restricted - these are funds which can only be used in accordance with the charitable specific purpose.
- Unrestricted (general funds) - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
## **1.6 Taxation**
The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity’s income.
## **1.7 Cash Flow Statement**
The charity has taken advantage of the exemption provided by the FRS 102 SORP and has not prepared a Cash Flow Statement for the year.
Registered Charity Number: **1165652 ref** : | Annual Report 2020 | page: 9
© ARC, 2021. All rights reserved.
A RADICAL CHARCH (ARC) ANNUAL REPORT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020
## **1.8 Depreciation Tangible Assets**
Individual fixed assets costing £1,000 or more are capitalised at cost. Depreciation is provided at the following annual rates on assets in order to write off their cost less any residual value over their estimated useful. The rates of depreciation are as follow:
|follow:|||||||||
|---|---|---|---|---|---|---|---|---|
|� Freehold & Buildings
….
|….
….
20% reducing balance||||||||
|� Fixtures & Fittings
….
|….
….
20% Straight line||||||||
|� Equipment
….
|….
….
20% Straight line||||||||
||||||||||
||||**2020**|||||**2019**|
||||||||||
||**Freehold**
**&**
**Buildings**||**Fixture &**
**Fittings**||**Equipment**||**Total**||
||||||||||
|**Cost**|**£**
||**£**||**£**||**£**|**£**|
|Cost at 1 January|1,680,000||101,823||99,191||1,881,015|958,787|
|Additions|637,394||7,417||11,746||656,557|18,224|
|Revaluation|-||||-||-|904,004|
|Total at 31 December|2,317,394||109,240||110,937||2,537,572|1,881,015|
||||||||||
|**Depreciation**|||||||||
|Total charged at 1 January|-||72,224||60,092||132,316|95,081|
|Charge for the year|-||15,720||24,248||39,968|37,235|
|On disposals|-||||-||-||
|At 31 December|-||87,944||84,340||172,284|132,316|
||||||||||
|**Net book values**|||||||||
|For the year ended 31 December|2,317,394||21,296||26,598||2,365,288|1,748,699|
||||||||||
|follow:|||||||||
|---|---|---|---|---|---|---|---|---|
|� Freehold & Buildings
….
|….
….
20% reducing balance||||||||
|� Fixtures & Fittings
….
|….
….
20% Straight line||||||||
|� Equipment
….
|….
….
20% Straight line||||||||
||||||||||
||||**2020**|||||**2019**|
||||||||||
||**Freehold**
**&**
**Buildings**||**Fixture &**
**Fittings**||**Equipment**||**Total**||
||||||||||
|**Cost**|**£**
||**£**||**£**||**£**|**£**|
|Cost at 1 January|1,680,000||101,823||99,191||1,881,015|958,787|
|Additions|637,394||7,417||11,746||656,557|18,224|
|Revaluation|-||||-||-|904,004|
|Total at 31 December|2,317,394||109,240||110,937||2,537,572|1,881,015|
||||||||||
|**Depreciation**|||||||||
|Total charged at 1 January|-||72,224||60,092||132,316|95,081|
|Charge for the year|-||15,720||24,248||39,968|37,235|
|On disposals|-||||-||-||
|At 31 December|-||87,944||84,340||172,284|132,316|
||||||||||
|**Net book values**|||||||||
|For the year ended 31 December|2,317,394||21,296||26,598||2,365,288|1,748,699|
||||||||||
## **1.9 Trustees' remuneration and employee/volunteer costs**
|**Trusteeship**||**2020**|||**2019**|
|---|---|---|---|---|---|
|No. ofpaid Trustees||2|||3|
|||||||
|||||||
|||||||
|**Trustees’ Renumeration**|**2020**||||**2019**|
||**£**||||**£**|
|Trustee Employees total salary|79,753||||74,149|
|||||||
||79,753||||74,149|
|||||||
|||||||
||**Trustees’ Renumeration**|**2020**||**2019**|
|---|---|---|---|---|
|||**£**||**£**|
||Trustee Employees total salary|79,753||74,149|
||||||
|||79,753||74,149|
||||||
Registered Charity Number: **1165652 ref** : | Annual Report 2020 | page: 10
© ARC, 2021. All rights reserved.
A RADICAL CHARCH (ARC) ANNUAL REPORT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020
|**Employees**|**2020**||**2019**||
|---|---|---|---|---|
||**£**||**£**||
|Wages & Salaries|248,366.23||154,901
||
|Volunteer Costs|0.00||165||
|Social securitycosts|21,418.93||32,960
||
|Pensions|3,896||1,993
||
|Staff travel|9,463||732
||
|Training|5,172||3,118
||
|Other costs|487||6,361||
||||||
|**Total £**|**288,803**||**200,229**||
## **2. INCOMING RESOURCES**
## **2.1 Donations**
|**2.1 Donations**||||||||
|---|---|---|---|---|---|---|---|
||**Unresticted**||**Restricted**||**2020**||**2019**|
||**£**||**£**||**£**||**£**|
|Congregationalgiving|588,377||15,655||604,033||396,619|
|Married for Life|-||519||519|||
|Cedars|-||3,830||3,830|||
|Harc|||1,349||1,349|||
|Gift Aid|85,088||-||85,088||60,367|
||||||-|||
|||||||||
||**673,465**||**21,353**||**694,818**||**456,986**|
## **2.2 Charitable Activities**
||**Unresticted**||**Restricted**||**2020**||**2019**|
|---|---|---|---|---|---|---|---|
||**£**||**£**||**£**||**£**|
|Tuckshop|986||-||986||479|
|Event Income|1,031||-||1,031||6,424|
|Bible College|||21,756||21,756|||
|Welfare Grant|-||4,000||4,000||-|
|||||||||
||**2,017**||**25,756**||**27,773**||**6,903**|
© ARC, 2021. All rights reserved.
Registered Charity Number: **1165652 ref** : | Annual Report 2020 | page: 11
A RADICAL CHARCH (ARC) ANNUAL REPORT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020
## **2.3 Other Trading Activities**
||**Unresticted**||**Restricted**||**2020**||**2019**|
|---|---|---|---|---|---|---|---|
||**£**||**£**||**£**||**£**|
|Hall Hire|2,141
||-
||2,141||15,217|
|Minibus Hire|-||-||-||-|
|||||||||
||**2,141**||**-**||**2,141**||**15,217**|
## **2.4 Investment income**
Investment income consists of interest received from saving and deposit accounts at the bank.
||**Unresticted**||**Restricted**||**2020**||**2019**|
|---|---|---|---|---|---|---|---|
||**£**||**£**||**£**||**£**|
|Blossoms NurseryIncom|e
12,800||-||12,800||15,600|
|66 Serbert Road|2,930||-||2,930||-|
|Bank Interest|164||-||164||-|
|Minibus Hire Income|-||-||-||210|
|||||||||
||**15,894**||**-**||**15,894**||**15,810**|
## **2.5 Other Income**
|**2.5 Other Income**||||||||
|---|---|---|---|---|---|---|---|
||**Unresticted**||**Restricted**||**2020**||**2019**|
||**£**||**£**||**£**||**£**|
||-||-||-||-
|
|||||||||
||**-**||**-**
||**-**
||**-**|
## **3. RESOURCES EXPENDED**
Resources expended are included in the Statement of Financial Activities on an accrual’s basis, inclusive of any VAT that cannot be recovered.
Registered Charity Number: **1165652 ref** : | Annual Report 2020 | page: 12
© ARC, 2021. All rights reserved.
A RADICAL CHARCH (ARC) ANNUAL REPORT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020
## **3.1 Raising Funds**
||**Unresticted**||**Restricted**||**2020**||**2019**|
|---|---|---|---|---|---|---|---|
||**£**||**£**||**£**||**£**|
|MinistryExpenses|3,584||-||3,584||14,871|
|Married for Life|1,240||519||1,759||3,495|
|Cedars|255||3,830||4,085||5,276|
|HARC|-||600||600||-|
|Missions|453||12,647||13,100||11,685|
|Pastoral Hospitality|29,581||4,000||33,581||19,266|
|Event Costs|13,989||-||13,989||64,030|
|||||||||
||**49,101**||**21,596**||**70,697**||**118,623**|
## **3.2 Charity Activities**
|**3.2 Charity Activities**|||||||
|---|---|---|---|---|---|---|
||||||||
||**Unresticted**||**Restricted**||**2020**|**2019**|
||**£**||**£**||**£**|**£**|
|Staff Costs|264872||-||264,872|200279.96|
|BuildingCosts|83255||-||83,255|43169.57|
|Service RunningCosts|36,871||-||36,871|72,110|
|Administrative Costs|40,347||-||40,347|58,843|
|AccountancyFees|3,035||-||3,035|6,341|
|Professional Fees|500||-||500|960|
|Van Costs|1174.05||-||1,174|4158.08|
|Depreciation|39,968||-||39,968|37,235|
||||||||
||**470,023**||**-**||**470,023**|**423,097**|
||||||||
## **3.3 Other Costs**
||**Unresticted**||**Restricted**||**2020**||**2019**||
|---|---|---|---|---|---|---|---|---|
||**£**||**£**||**£**||**£**||
|Bank Fees and Charges|2,997.20||-||2,997.20||3,445.97||
|Penalties & Fines|100.00||-||100.00||1,215.05||
||||||||||
||**3,097**||**-**||**3,097**||**4,661**||
||||||||||
© ARC, 2021. All rights reserved. Registered Charity Number: **1165652 ref** : | Annual Report 2020 | page: 13
A RADICAL CHARCH (ARC) ANNUAL REPORT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020
## **4. NET CURRENT ASSETS**
## **4.1 Debtors**
|**4.1 Debtors**|||||
|---|---|---|---|---|
||**2020**||**2019**||
||**£**||**£**||
|Accounts Receivable|15,971||9,723||
|Gift aid due|85,088||14,840||
|Staff Loans|-||9,288||
|Member Loans|900||-||
|Natwest Bank|-||9,963||
|Prepayments|-||500||
|SundryDebtors|416||-||
|Wages Payable|605||-||
||||||
||**102,980**||**44,313**||
||||||
## **4.2 Cash and Cash equivalent**
Cash and cash equivalent includes 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.
||||**2019**
**£**
274,249
**274,249**|
|---|---|---|---|
||**2020**||**2019**|
||**£**||**£**|
|Banks operatingaccounts|238,364||274,249|
|||||
|**Total £**|**238,364**||**274,249**|
## **4.3 Creditors: amounts falling due within one year**
|**4.3 Creditors: amounts falling due within one year**||||
|---|---|---|---|
||**2020**||**2019**|
||**£**||**£**|
|Creditors|31,966||22,100|
|**Total £**|
31,966||22,100|
Independent Examination Fees of £2,000 for 2020 has been accrued for in the above figures.
Registered Charity Number: **1165652 ref** : | Annual Report 2020 | page: 14
© ARC, 2021. All rights reserved.
A RADICAL CHARCH (ARC) ANNUAL REPORT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020
## **5 CREDITORS: amounts falling due more than one year**
||**2020**||**2019**|
|---|---|---|---|
||**£**||**£**|
|Mortgage|682,940||214,744|
|**Total £**|682,940||214,744|
## **6. RELATED PARTY TRANSACTIONS**
The charity was under the control of the Trustee throughout the current year.
One or more of the trustees has been paid remuneration or has received other benefits from an employment with the charity.
The total employment remuneration for trustees and related parties throughout 2020 £115,058 was 2019 was £74,148.98.
Pension contributions totalled £3,896 in 2020 and £1,993 in 2019.
One or more of the trustees has claimed expenses or had their expenses met by the charity.
These expenses were for travel and substance totalling £2,129.
No trustee received income or expenses over £60,000.
© ARC, 2021. All rights reserved.
Registered Charity Number: **1165652 ref** : | Annual Report 2020 | page: 15