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2020-12-31-accounts

Charity registration number: 1166866

Bridge Church Newbury

Annual Report and Financial Statements for the Year Ended 31 December 2020

Bridge Church Newbury

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 10
Statement of Trustees' Responsibilities 11
Independent Examiner's Report 12
Statement of Financial Activities 13
Balance Sheet 14
Notes to the Financial Statements 15 to 22

Bridge Church Newbury

Reference and Administrative Details

Trustees A Clarke M Landreth-Smith J Clifton-Brown A Goggins S Bleasdale R Hornzee E Owen Jones Principal Office 26 Charmwood Close Newbury Berkshire RG14 1XA Charity Registration Number 1166866 Independent Examiner UHY Ross Brooke Chartered Accountants 31A Charnham Street Hungerford Berkshire RG17 0EJ

Page 1

Bridge Church Newbury

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2020.

Objectives and activities

Objects and aims

The objects of Bridge Church Newbury for the public benefit are:

1.To advance the Christian faith, in accordance with our Statement of Beliefs, in West Berkshire and in such other parts of the United Kingdom and the world as the trustees may from time to time think fit;

2.The prevention or relief of poverty in West Berkshire and in such other parts of the United Kingdom and the world as the trustees may from time to time think fit; and

3.To fulfil such other purposes, which are exclusively charitable according to the law of England and Wales and are connected to the charitable work of the charity as the trustees may from time to time think fit.

Page 2

Bridge Church Newbury

Trustees' Report

Highlights of our year in 2020

In all the challenges of 2020, as a result of the COVID 19 pandemic, it is important to recognise what we have achieved and are grateful to God for:

Page 3

Bridge Church Newbury

Trustees' Report

Objectives, strategies and activities

Activities and Achievements

At the end of 2019 we set some goals and objectives for 2020. Whilst we have achieved some of these objectives during the year to 31st December 2020: joining in with what God is doing and sharing God’s love with our local area, focussing on discipleship within the church community and supporting our local CAP Debt Centre, there have been plans that were abandoned due to the global impact of the Coronavirus pandemic. As we write this in early 2021 sadly the global situation continues with mass infections and death rates. Our daily activities as a church community continue to be impacted by lockdowns and strict meeting regulations.

Since 22nd March 2020 Bridge Church Newbury has not met for normal Sunday services at Trinity School due to the Government’s restriction of large gatherings. The Government’s rules and restrictions to tackle COVID-19 have forced us to change the way in which we engage with our church and local community. Some of our ministries are on hold or we have developed new ways of working.

We have successfully set up online alternatives to many of our weekday activities: Sunday services via YouTube, Bridge Kids and Youth events, weekday small groups, and prayer meetings moved to virtual meeting platforms such as Zoom. Our Christians Against Poverty Debt Centre successfully adapted to virtual client meetings and training sessions allowing them to continue their vital work in our local area.

We are using as many online resources as possible; encouraging people to keep in contact electronically and access our digital meetings. Our six small groups met weekly online and become the essence and lifeblood of Bridge Church; giving our church community the opportunity to maintain relationships with each other during a season of great challenge for us all. Some investment has been required to set up our digital capabilities: Zoom licences, new media equipment and the employment of a part time Digital Content Editor in June 2020 to assist with the filming and production of our online Sunday content. Our new digital format of Sunday services has allowed us to include most of our church family, from youngest to oldest, as they have recorded content to be shared online.

Events we had planned for 2020 such as our Easter Egg Hunt, Shaw Funday, joint CTNA events and Commission events including their new Connect Festival, were unfortunately cancelled. Instead, Bridge Church has joined with the larger, international church community enjoying online versions of New Frontiers and Commission events, including global leadership and prayer events.

We continue to learn and adapt to the changing nature of life as this situation unfolds. This is a challenge to our normal way of life and accepted style of doing church. It is also an opportunity to rethink and reprioritise for the future and most excitingly to reach a larger audience beyond our local church community.

Public benefit

It is the opinion of the trustees that Bridge Church Newbury has fulfilled its public benefit requirements for the year to 31st December 2020. The trustees have referred to the Charity Commission’s guidance on public benefit and work to ensure that the charity operates within its objects and makes decisions on future activities with due regard to fulfilling its public benefit requirement.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Page 4

Bridge Church Newbury

Trustees' Report

Financial review

Bridge Church’s finances are managed by the trustees and a budget was set at the start of the year and reviewed at regular trustee meetings during 2020.

At the outset of the coronavirus pandemic, we met specifically to review a new budget that reflected possible scenarios if we significantly lost income because of the financial impact of COVID-19. This allowed us to be prepared to respond to changing income and expenditure as the situation progressed. The Elders and trustees considered possible financial scenarios for at least a 12-month period to April 2021: a reduction in donation income (30% or 50% reduction) and changes in the way that we would operate both during the pandemic, and in the future.

The trustees are confident that Bridge Church Newbury will continue as a going concern. We have the finances to continue operating as normal for the foreseeable future even if we experience a reduction in income of 50% over the following 12 months if the COVID crisis continues. This is due to:

By the end of 2020 we are pleased to report that the income of Bridge Church Newbury was largely unaffected by the pandemic. The trustees continue to review the financial situation regularly and are prepared to make decisions required to reduce our costs and protect the future of the charity, taking professional advice where required.

We repurposed some of the rental expenses saved whilst not meeting at Trinity School to set up a Crisis Fund (held within our Family Fund). Our charitable objectives allow us to do this : the prevention or relief of poverty in West Berkshire and in other parts of the United Kingdom and the world. The trustees established criteria for the support of those in our church community, local community, and wider connected community in situations of critical financial need. Any applications for support must be vouched for by a member of church leadership, or external agency we have relationship with, and will be assessed by a small team of trustees before offering financial assistance.

During 2020 we used this fund to provide the following support: clothing for those facing homelessness in our local community, providing a replacement washing machine to a member of our church community and ensuring access to our digital meetings by providing appropriate devices to those who did not have them.

Bridge Church is funded through the generosity of its regular congregation and visitors. We receive cash donations and standing orders monthly (biblical tithes) as our primary source of income. This year we set up online giving via our website to allow those who would normally have given in cash at our Sunday service to donate easily (including gift aid where appropriate). We are registered with HMRC for their Charity Repayment Scheme which gives us an additional 25p in the pound on eligible donations and provided £20,000 in additional income in the year.

Page 5

Bridge Church Newbury

Trustees' Report

Bridge Church tithe from our income and for 2020 gave away 13% of our unrestricted income to Commission. A further 6% of unrestricted income was given away to support other local and international organisations that we have connections with and who share our charitable objectives, and to respond to individual needs in our church. Organisations who benefited this year were Commission churches in Kenya and India, Christian ministry in the Middle East, St Nicolas Newbury, Shoemakers Christian Bookshop in Newbury, Christian Outreach in Newbury Schools (COINS), and Commission’s special 2020 offering.

Despite the need to social distance and not meet in person, we are able to maintain our system of financial controls with regards to handling money and making payments. We are not currently collecting cash donations and all expenses are authorised electronically via email if not able to pass on paper forms. The segregation of financial duties has been maintained between the Administrator, Treasurer and Bookkeeper.

The trustees of Bridge Church Newbury report a surplus of £13,783 for the year to 31 December 2020.

Page 6

Bridge Church Newbury

Trustees' Report

Policy on reserves

The trustees have a Reserves Policy to ensure that funds held for future periods are sufficient to meet current obligations and our charitable objectives. These are regularly reviewed in Trustees meetings to ensure that they remain appropriate to the charity’s circumstances.

The following designated unrestricted funds are held by Bridge Church Newbury which can be used at the discretion of the trustees:

The following restricted fund represents funds that cannot be used at the discretion of the trustees:

Christians Against Poverty (CAP) – funds donated via Bridge Church Newbury for the running of the Newbury CAP Debt Centre.

The remaining surplus is categorised as an unrestricted fund named General Fund and can be used to cover day to day expenses and for any other purpose that the trustees see fit.

The balances on these funds at the end of 2020 are as follows:

General Fund £28,828

CAP Restricted Fund £18,707

Designated Funds Contingency £30,000 Church Growth £12,000 Venue Fund £7,000 Family Fund £9,153 Youth Fund £2,000 Replacement Equipment Fund £6,349 CAP Courses £156 Alpha Course Fund £590

Total Funds at 31 December 2020 £114,783

Page 7

Bridge Church Newbury

Trustees' Report

Plans for future periods

Activities planned to achieve aims

Plans for 2021

Bridge Church Newbury’s aims and key objectives for 2021:

Page 8

Bridge Church Newbury

Trustees' Report

Structure, governance and management

Nature of governing document

From December 2014 Bridge Church Newbury existed as an unincorporated organisation that was not registered as a charity with the Charity Commission.

On 3rd May 2016 Bridge Church Newbury was registered with the Charity Commission as a Charitable Incorporated Organisation (CIO) who's only voting members are its charity trustees. The charity is governed by its Constitution, dated 3rd May 2016.

Recruitment and appointment of trustees

Trustees

The trustees met 6 times during 2020 for full trustees’ meetings and as required for ad-hoc decision making and communication. These meetings were held via Zoom after March 2020 due to the Coronavirus pandemic. Our Constitution allows us to hold meetings via electronic means. During these meetings we considered the financial position of the church, reviewed and set policies, and supported the leadership of the church through providing effective governance and financial decision making.

Other than Mark Landreth-Smith who has been employed by Bridge Church Newbury since June 2015, all other trustees received no other benefits other than reimbursed expenses during the year. In total these expenses for the six trustees (and related parties) amounted to £1,179. None of these expenses related to their role as trustee but for other activities undertaken by Bridge Church during the year.

The church Eldership met regularly during the year and set the vision and mission of the church. The trustees’ role is to manage the charity’s resources to enable this vision and mission to become a reality by releasing the resources required whilst ensuring strong financial management and governance.

Organisational structure

The charity, Bridge Church Newbury, is a church. The trustees run the charity and are responsible for governance and compliance with legislation. Spiritual leadership of the church is provided by the Eldership team (commissioned November 2018) which includes Mark Landreth-Smith, who is also a trustee.

Bridge Church Newbury is part of an international network of churches called Commission. We share the vision and values of Commission which can be found at http://www.commission-together.org/about/our-values.aspx. Commission is part of the wider Newfrontiers family of churches.

Page 9

Bridge Church Newbury

Trustees' Report

Employee involvement

Bridge Church employs one full time Pastor and a part time Administrator to support both the Pastor and the Treasurer in the day to day financial and administrative functions. Both report to the Board of Trustees who review performance and salary on a regular basis. We recruited a new Administrator early in 2020 as our previous administrator retired in March 2020.

We continued to employ a Communications officer until November 2020 and recruited a new part time Digital Content Editor in June 2020 to assist with the production of our online Sunday services.

Most of our activities are led and run by volunteers: small group leaders, ministry leaders, children’s and youth workers, Communications, Sunday serving and weekday events teams. Many of these volunteers continued to serve despite coronavirus restrictions and showed great adaptability and willingness to serve their church and local community. Bridge Church would not be the active and welcoming church that it is without its volunteers for whom the trustees are incredibly grateful.

The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:

......................................... A Clarke Trustee

Page 10

Bridge Church Newbury

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees of the charity on .................... and signed on its behalf by:

......................................... A Clarke Trustee

Page 11

Bridge Church Newbury

Independent Examiner's Report to the trustees of Bridge Church Newbury

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020 which are set out on pages 13 to 22.

Respective responsibilities of trustees and examiner

As the charity’s trustees of Bridge Church Newbury 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 Bridge Church Newbury's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of Bridge Church Newbury as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

...................................... Kerry Hawkins FCCA, UHY Ross Brooke Chartered Accountants

31A Charnham Street Hungerford Berkshire RG17 0EJ

Date:.............................

Page 12

Bridge Church Newbury

Statement of Financial Activities for the Year Ended 31 December 2020

Note
Income and Endowments from:
Donations and legacies
2
Investment income
3
Total Income
Expenditure on:
Other expenditure
4
Total Expenditure
Net income/(expenditure)
Gross transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
12
Note
Income and Endowments from:
Donations and legacies
2
Investment income
3
Total Income
Expenditure on:
Other expenditure
4
Total Expenditure
Net income/(expenditure)
Gross transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
12		 Unrestricted funds
General
£
Other
£
120,561
-
209
-
120,770
-
(101,029)
(1,242)
(101,029)
(1,242)
19,741
(1,242)
(19,859)
16,052
(118)
14,810
28,946
52,438
28,828
67,248
Unrestricted funds
General
£
Other
£
126,663
250
121
-
126,784
250
(112,319)
(4,306)
(112,319)
(4,306)
14,465
(4,056)
(2,901)
1,738
11,564
(2,318)
17,382
54,756
28,946
52,438		 Restricted
funds
£
14,094
23
14,117
(18,833)
(18,833)
(4,716)
3,807
(909)
19,616
18,707
Restricted
funds
£
16,932
40
16,972
(11,547)
(11,547)
5,425
1,163
6,588
13,028
19,616		 Total
2020
£
134,655
232
134,887
(121,104)
(121,104)
13,783
-
13,783
101,000
114,783
Total
2019
£
143,845
161
144,006
(128,172)
(128,172)
15,834
-
15,834
85,166
101,000

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2019 is shown in note 12.

The notes on pages 15 to 22 form an integral part of these financial statements. Page 13

Bridge Church Newbury

(Registration number: 1166866) Balance Sheet as at 31 December 2020

Note
Fixed assets
Tangible assets
8
Current assets
Debtors
9
Cash at bank and in hand
10
Creditors: Amounts falling due within one year
11
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
12		 2020
£
6,473
5,640
111,814
117,454
(9,144)
108,310
114,783
18,707
96,076
114,783		 2019
£
5,758
12,986
94,130
107,116
(11,874)
95,242
101,000
19,616
81,384
101,000

The financial statements on pages 13 to 22 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:

.........................................

A Clarke Trustee

The notes on pages 15 to 22 form an integral part of these financial statements. Page 14

Bridge Church Newbury

Notes to the Financial Statements for the Year Ended 31 December 2020

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Bridge Church Newbury meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Tangible fixed assets

Individual fixed assets costing £50.00 or more are initially recorded at cost.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate General equipment 25% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Page 15

Bridge Church Newbury

Notes to the Financial Statements for the Year Ended 31 December 2020

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

2 Income from donations and legacies

Donations and legacies;
Donations from individuals		 Unrestricted
General
£
Other
£
120,561
-
120,561
-		 Restricted
£
14,094
14,094		 Total
2020
£
134,655
134,655		 Total
2019
£
143,845
143,845

There were no donated fixed assets during the year.

3 Investment income

Interest receivable and similar
income;
Interest receivable on bank
deposits		 Unrestricted
funds
General
£
209		 Restricted
funds
£
23		 Total
2020
£
232		 Total
2019
£
161

Page 16

Bridge Church Newbury

Notes to the Financial Statements for the Year Ended 31 December 2020

4 Analysis of resources expended

Giving and donations
Sunday costs
Outreach and compassion
Weekday events and Church
community
Wages
Pension
Training
Publicity
Legal and professional
Insurance
Office and computer costs
Depreciation and loss on Fixed
Asset
Accounts
Independent examination		 Unrestricted
funds
£
23,262
5,423
1,647
198
56,488
3,325
802
553
1,348
594
1,459
5,672
1,200
300
102,271		 Restricted
funds
£
-
-
18,833
-
-
-
-
-
-
-
-
-
-
-
18,833		 Total
2020
£
23,262
5,423
20,480
198
56,488
3,325
802
553
1,348
594
1,459
5,672
1,200
300
121,104		 Total
2019
£
23,851
18,357
13,845
415
48,597
3,264
5,494
3,783
1,910
626
1,382
5,178
1,170
300
128,172

Donations include £16,222 to Commission.

Page 17

Bridge Church Newbury

Notes to the Financial Statements for the Year Ended 31 December 2020

5 Trustees remuneration and expenses

During the year the charity made the following transactions with trustees:

A Clarke

M Landreth-Smith

£665 (2019: £562) of expenses were reimbursed to M Landreth-Smith during the year.

J Clifton-Brown

R Hornzee

£Nil (2019: £574) of expenses were reimbursed to R Hornzee during the year.

S Bleasdale

6 Staff costs

The aggregate payroll costs were as follows:

The monthly average number of persons (including senior management team) employed by the charity during the year expressed as full time equivalents was as follows:

Number of employees 2020
No
4		 2019
No
3

During 2020 one of the above employees (2019 - 1) participated in the Defined Contribution Pension Scheme.

Contributions to the employee pension schemes for the year totalled £3,325 (2019 - £3,264).

During the year a salary of £41,565 (2019: £40,800) and pension of £3,325 (2019: £3,264) were paid to M Landreth-Smith for his services as church pastor, in accordance with the constitution and his employment contract.

No employee received emoluments of more than £60,000 during the year

7 Taxation

The charity is a registered charity and is therefore exempt from taxation.

Page 18

Bridge Church Newbury

Notes to the Financial Statements for the Year Ended 31 December 2020

8 Tangible fixed assets

Cost
At 1 January 2020
Additions
At 31 December 2020
Depreciation
At 1 January 2020
Charge for the year
At 31 December 2020
Net book value
At 31 December 2020
At 31 December 2019
9
Debtors
Prepayments
Accrued income
Other debtors
10 Cash and cash equivalents
Cash on hand
Cash at bank
11 Creditors: amounts falling due within one year
Other taxation and social security
Accruals		 Furniture and
equipment
£
18,651
6,387
25,038
12,893
5,672
18,565
6,473
5,758
2020
£
135
5,080
425
5,640
2020
£
-
111,814
111,814
2020
£
711
8,433
9,144		 Furniture and
equipment
£
18,651
6,387
25,038
12,893
5,672
18,565
6,473
5,758
2020
£
135
5,080
425
5,640
2020
£
-
111,814
111,814
2020
£
711
8,433
9,144		 Total
£
18,651
6,387
25,038
12,893
5,672
18,565
6,473
5,758
2019
£
-
12,910
76
25,038
12,893
5,672
18,565
6,473
5,758
2020
£
135
5,080
425
5,640
2020
£
-
111,814
111,814
2020
£
711
8,433
9,144
12,986
2019
£
431
93,699
94,130
2019
£
1,138
10,736
11,874

Page 19

Bridge Church Newbury

Notes to the Financial Statements for the Year Ended 31 December 2020

12 Funds

Unrestricted funds
General
General fund
Other
Contingency fund
Church growth fund
Family fund
New day gift - youth fund
CAP Courses
Replacement equipment
fund
New venue fund
Venue fund
Alpha Course fund
Total unrestricted funds
Restricted funds
CAP fund
Total funds		 Balance at 1
January
2020
£
28,946
30,000
10,000
2,285
2,000
214
2,639
2,710
2,000
590
52,438
81,384
19,616
101,000		 Incoming
resources
£
120,770
-
-
-
-
-
-
-
-
-
-
120,770
14,117
134,887		 Resources
expended
£
(101,029)
-
-
(1,242)
-
-
-
-
-
-
(1,242)
(102,271)
(18,833)
(121,104)		 Transfers
£
(19,859)
-
2,000
8,110
-
(58)
3,710
(2,710)
5,000
-
16,052
(3,807)
3,807
-		 Balance at
31
December
2020
£
28,828
30,000
12,000
9,153
2,000
156
6,349
-
7,000
590
67,248
96,076
18,707
114,783

Page 20

Bridge Church Newbury

Notes to the Financial Statements for the Year Ended 31 December 2020

Unrestricted funds
General
General fund
Other
Contingency fund
Church growth fund
Family fund
New day gift - youth fund
CAP Courses
Replacement equipment
fund
New venue fund
Website
Venue fund
Alpha Course fund
Total unrestricted funds
Restricted
CAP fund
Total funds		 Balance at 1
January
2019
£
17,382
30,000
10,000
2,846
2,000
-
3,000
2,710
3,200
1,000
-
54,756
72,138
13,028
85,166		 Incoming
resources
£
126,784
-
-
-
-
250
-
-
-
-
-
250
127,034
16,972
144,006		 Resources
expended
£
(112,319)
-
-
(920)
-
(186)
-
-
(3,200)
-
-
(4,306)
(116,625)
(11,547)
(128,172)		 Transfers
£
(2,901)
-
-
359
-
150
(361)
-
-
1,000
590
1,738
(1,163)
1,163
-		 Balance at
31
December
2019
£
28,946
30,000
10,000
2,285
2,000
214
2,639
2,710
-
2,000
590
52,438
81,384
19,616
101,000

13 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
£
6,473
98,747
(9,144)
96,076		 Restricted
funds
£
-
18,707
-
18,707		 Total funds
2020
£
6,473
117,454
(9,144)
114,783

Page 21

Bridge Church Newbury

Notes to the Financial Statements for the Year Ended 31 December 2020

14 Related party transactions

Donations from the trustees and their immediate families during the year totalled £36,683.

Mark has attended several leadership events run by Commission in 2020. Bridge Church Newbury has paid for the tickets at each of these events (normal ticket price £15)

Aimee's step-daughter Camilla Clarke has been employed as a part time Communications Officer from June 2019 to November 2020. Any decisions regarding Camilla's appointment, salary and management were done without Aimee's involvement (declaration of interest made).

Alastair's son Elliott Goggins has been employed as a part time Digital Content Editor from June 2020. Any decisions regarding Elliott's appointment, salary and management are done without Alastair's involvement (declaration of interest made).

Mark Landreth-Smith and Aimee Clarke attended a meal for Elder's and their spouses in 2020. The total cost of the meal for 6 people was £171.

Mark Landreth-Smith and Aimee Clarke attended a Bridge Church Elders weekend in 2019 with their spouses. The total cost for 2 couple was £504 for food and accommodation.

Mark Landreth-Smith and Aimee Clarke attended a Commission Leaders weekend in 2019 with their spouses. The total cost for 2 couples was £540 for food and accommodation.

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Virtual Cabinet Portal Digital Signatures

Digital Signature Verification

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Signature Dates and Times

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Signature 1

Signed by Aimee Clarke using authentication code d1BkKTJyc2pzclFB at IP address 86.131.164.130, on 2021/10/14 13:26:22 Z.

Aimee Clarke's e-mail address is: aimee@bridgechurchnewbury.co.uk.