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2022-03-31-accounts

Names ofthe char ity trustees who ma nage the charity
Trustee name Office (ifany) Dates acted ifnot for whole
ear
Name ofperson (or body) entitled
to a
oint trustee
ifan
Rev SWoodcraft Pastor 8 Elder Church Members
Mr A Varney Elder Until 29'" June 2021 Church Members
Mr J Harman Elder Church Members
Mr BFidler Elder Church Members
Mr D White Elder From 29'" June 2021 Church Members

Additional Additional governance
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governance
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governance
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governance
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governance
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governance
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ues ( Optional
information)
Optional
information)
Optional
information)
You may
additional
relevant,
choose to include
information,
where
about:
Background
NMEFC was established
as a CIO, Registered
Charity No. 1168045
2016.
on 5'" July
The Unincorporated
Association
and the new CIO were merged
at the start of
~ policies and procedures the 2017/18 financial year (1"April 2017)when
Fixed Assets
were transferred
adopted for the induction and from our holding Trustees
(FIEC)and Current Assets transferred
from the
training oftrustees; Unincorporated
Association.
~ the charity's organisational Structure, governance
and management
structure and any wider The detailed structure,
governance
and management
details
are contained in the
network with which the charity Church Constitution.
In summary:-
works; a)
The Trustees are the Pastor and the other church Elders.
~ relationship
parties;
with any related b)
There must be at least 3Trustees.
c)
The Trustees shall have the general control and management
ofthe
administration
ofthe Church and may for that purpose exercise all the
~ trustees' consideration of powers ofthe Church subject to the provisions
contained
in this constitution
major risks and the system and the Church Handbook.
and procedures
them.
to manage d)
The charity trustees
must hold at least 4meetings
in each 12month period.
e)
Quarterly
Members
meetings are held to keep members
informed
and to be
involved
in major decisions.
Governing
Documentation:
1.
Church Constitution
dated 17'" May 2016.
2.
Church
Handbook
(Rules) dated 17~ May 2016.
3.
Charity Commission
Registration
5'"July 2016.
4.
Deed ofGift dated 18~July 1934
5.
Charity Commission
Scheme dated 19July 2007
Meetings:-
Meetings cover both Church
Elder and Charity Trustee responsibilities
and there
were 12such meetings
during the year.
Mr CSimpkins the Secretarial
Deacon as part of his duties attends
meetings of
the Church
Elders / Charity Trustees.
There were 4Church Members'
Meetings during the year including
the AGM.
Average attendance
was 28. The 4 meetings
with attendance
figures were: 4~
May 2021(29), 29'" June 2021(28), 19'"October 2021(23)and 25~January 2022
(31).

We aim to maintain
free reserves sufficient to cover at least 3month's
general
Briefstatement ofthe expenditure
in order to give the church time to respond to unexpected
needs.
charity's policy on reserves Our target level for the coming year 2022/23 will be increased from f20,000to
f22,500, an amount considered
adequate to cover quarterly
expenditure.
Details ofany
in deficit
funds materially None
Further financial
review details
(Optional
information)
You may
additional
choose to
information,
include
where
We budget for unrestricted
income and expenditure
and review actual figures
against the budget monthly.
relevant
about:
~
the charity's
principal
sources offunds (including
The pandemic
continued to restrict attendance
at meetings,
but with the
majority ofgiving online, unrestricted
income wasf5,583above budget, and
unrestricted
expenditure
was f2,673 below the budgeted
figure.
As a result of
any fundraising); the above, there was a surplus
in the year off10,256against a budgeted
~ how expenditure
has
supported
the key objectives
surplus off2,000.
With the exception ofa small amount of investment
income &interest
(1'Yo), all
ofthe charity; other income comes from the church family as gift-aided
giving (6090),
~ investment
policy
objectives including
ethical investment
adopted.
and
any
policy
donations
(179o),gift aid tax claimed back (1696)and the offertory box (690).
We tithe unrestricted
income, making
half-yearly
donations to the 4
missionaries/missions
we support.
A further f5,248 was contributed
from all
income to various other missions,
including
af1,000 payment to Pastor
Training
International
(PTI)to support training conferences
in Uganda and a
f1,000donation to Bournemouth
Bible Week.
Our main unrestricted
expenditure
areas are 5996ministry
(including the
pastor's salary, expenses &accommodation);
1290discretionary
expenditure,
1096missions;
990administration
and
8'Yo church premises.
Discretionary
expenditure
and administration
were higher than
in previous years, largely due
to additional
costs caused by the building
extension.
Income from gifts and gift aid tax to the building
&development
fund was
f27,843 in the year.
Our investment
with M &G Charibond
was sold, and the
money was added to the building
fund.
Work on the building
extension started
in August 2021and after delays caused
by the pandemic
and supply shortages
it is likely to finish
in April 2022. Atotal
off182,800was spent on the building project during the year, f167,750for the
build to Hallmark
builders, f8,821to Simon Ellis for design 8 contract
administration,
f4,152for insurance, f1,453ofour own expenditure
and f624
for building control.
To control costs, a number of items for the building are being provided or
managed
by ourselves,
including
floor coverings
(including carpet tiles
throughout
the church) and replacement
ofthe old main entrance doors.
With payments
in 2022/23, the total cost for the build with Hallmark
Builders
will be f183,148. Expenditure
over and above the f18,744 remaining
in the
building
fund at the year-end
will be from the year's surplus
in unrestricted
funds.
Our budget for next year, from 1"April 2022 to 31"March 2023, has a deficit of
f4,000at the year-end
but may rise tof9,000during the year. The budget
includes the remaining
expenditure
associated
with the building
project.

Signature(aj gP
Full name(s) SIMEON COLIN WOODCRAFT BENJAMIN EDWARD FIDLER
Position (eg Secretary, Chair, Pastor, Elder 8 Chair ofTrustees Elder LTrustee
etc)
D
gHAPITy
goit/III/Iigglog
FOR ENGLANO
ANO WALES
NEW MILTON NEW MILTON EVANGELICAL FRFE CHURCH FRFE CHURCH 1168045 1168045
eceipts and payments
R
accounts CC&sa
Forthe period
from
01/04/2021 To 31/03/2022
~
i
~
~ ~ ~
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Last year
tothe nearest
8
to the nearest
K
to the nearest E tothe nearest
K
tothe nearest 8
A1 Receipts
Offerin s
Gift sided offerin s
Gift aid tax recovered
Donations
Investment
income
Rent from use of
remises
4,886
49,928
13,160
13,627
18,674
9,619
5,566
4,886
68,602
22,779
19,193
1,212
1,416
92,988
17,911
19,607
2,366
Minie
Fund
Youth Minis
Fund
1,382 1,382
Buildin
&Develo
ment Fund
Other Income
Sub total (Gross income for
AR)
82,583 5,360
40,831
5,360
123,414
1,360
10
136,606
A2 Asset and Investment
sales,
(see table).
Investment
M&G Charibond
Sub total
54,689
54,689
54,689
54,689
Total receipts 82,583 95,520 176,103 136,606
A3 Pa ments
Minist
Mission
U kee
ofchurch
remises
Administration
Donations
&other e
enses
Buildin
Develo
ment
42,675
7,000
5,861
6,845
1,414
576
155,788
27,012 42,675
7,578
5,851
6,845
1,414
182,800
51,836
8,000
7,286
3,652
1,260
Discretiona
nditure
8,541 s,oes 16,610 12,601
Sub total 72,326 164,433 27,012 263,771
A4 Asset and investment
urchases,
see table
None
Sub total
Total payments 72,326 164,433 27,012 263,771 84,335
Net ofreceiptsl(payments) 10,257 68,913 27,012 85,668 52,271
ASTransfers between funds
A6 Cash funds last year end 36,200 90,572 27,012 153,784 101,513
Cash funds this year end 46,457 21,659 68,116 153,784
~ I ~ ~ ~ ~ ~ ~ ~ 0 0 ~ ~ ~ ~ s
Unrestricted Restricted Endowment
Categories Details funds funds funds
to nearest K to nearest 6 to nearest R
B1Cash funds CAFBank Current Account 20,032
CAFBank Gold Deposit Account 6,341 21,669
Shswbrook Bank 20,064
Total cash funds 46,457 21,659
(egfee belettces with receipts efld pe)sttellts
accanrt(s))
Unrestricted Restricted Endowment
funds funds funds
Details to nearest R to nearest K to nearest k
B2Other monetary assets
Details Fund to which asset
belon s
C
0
l
ost (optional)
Current value
o tlonsl
B3Investment assets
Fund to which asset Current value
Details belo o tional
B4Assets retained for the Church Premises Restricted
charity's own use Fixtures & Fittings
Manse General
Fund to which Amount due When due
Details Itsbll relates onal o tionsi
B5Liabilities None
Signed by one or two trustees on
behalf ofall the trustees
Signature Print Name Date of
a
oval
REV.S.C.WOODCRAFT
MR.J.R.HARMAN