2021-03-31-accounts - Vale of Evesham Community Church

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CONTENTS	Page
REPORT OF THE TRUSTEES	1-8
STATEMENT OF FINANCIAL ACTIVITIES
BALANCESHEET	10
NOTES TO THE ACCOUNTS	11-23
INDEPENDENT EXAMINERS' REPORT	24

Names	ofthe	trustees	for	the	charity,	ifany, (for example, any custodian	trustees)
Name						Dates acted if not for whole	ear

	rype of governing document	Constitution
	How the charR is constituted	Charitable IncorPorated Organisation (CIO),
	.. nssndntinn nnn;nnnv\|
	select~on methoits	Elected by existing Trustees subject to ratification by Membership
Additional governance issues (Optional information)
You may choose to include additional information, where		Vale of Evesham Christian Centre has its own constitution and rules and at present is overseen by the Synergy
relevant, about:		family ofchurches, with Mark Mumford ofReach Derby as
~	policies and procedures	our link representative.
~	adopted for the induction and training oftrustees; the charity's organisational structure and any wider network with which the charity	It should be noted that many ofthe ongoing duties ofthe Trustees are delegated to the Leadership Team, whose work is overseen by the Trustees. Four ofthe Trustees are members ofthe Leadership Team. Good
	works;	communication between the two is facilitated by this fact.
~	relationship with any related parties;	The trustees held 7 full meetings during the year. There has been a need for a group oftrustees, who are
~	trustees' consideration of major risks and the system and procedures to manage them.	not conflicted regarding our partner charity Caring Hands in the Vale, to meet regarding the building which we have helped to secure for their use. The two charities also have
		an employee in common.

				~ o
				The aims ofour Church are as follows:
				1. to advance the Christian faith in accordance with
				the Basis of Faith primarily, but not exclusively,
				within the Vale of Evesham and the surrounding
				neighbourhood;
Summary	ofthe objects		ofthe	2. to assist and relieve persons who are in conditions
charity set		out in its		of need, hardship or distress or who are sick or in
governing	document			poor health; and
				3. to advance education and carry out other charitable
				purposes in the United Kingdom and/or other parts
				ofthe world providing that they are not in conflict
				with 1.
				During the year, we have planned activities and
				expenditure in order to achieve our aims.
				We intend that the broader aims ofthe church are
				achieved through our regular work and special events.
				Usually, we provide for the advancement ofthe Christian
				Faith (Aim 1)through our Sunday services, weekday
				groups and children's activities. As a result ofthe Covid-
				19pandemic, our models ofgathering, outreach and
				worship have been dramatically altered. We have moved
Summary ofthe main activities undertaken for public benefit in relation			the to	meetings almost entirely online, although we have managed to gather outside for worship on four occasions.
these objects (include within this section the statutory declaration that trustees have had regard to the guidance				We have trialled an online version ofthe Alpha Course for those interested in the Christian faith and have found that it has been effective and welcomed by those who
issued by the Charity Commission on public benefit)				struggle to go out in the evenings because ofchildcare. Our youth work has not continued in any form, sadly,
				although we have tried to keep in touch using group
				chats on our official Facebook account. We have also
				sent cards and greetings to families at their own homes.
				Children are included in our online Sunday services. The
				carer and toddler group, Tiddlywinks, has not functioned
				at all during this financial year, although we have tried to
				keep in touch with parents through Facebook posts.
				We have supported other organisations financially to achieve Aim 3above —notabl 0 en Doors worldwide in


	~	~	~ ~ ~
Summary ofthe main achievements ofthe charity			Advancing the Christian Faith
during	the	year	Worshi and Pra er
			Over the course ofthe year the church has sought to fulfil
			these purposes through weekly Sunday worship,
			weekday Small Groups for Bible study, worship, prayer
			and fellowship. We have had new members join the
			church and some new Christians. The services and other
			groups have been online this year, as have prayer
			meetings.
			We have tried to make sure that the services always
			welcome children and have a children's slot in the main
			services.
			Our Christmas Day service was online this year, and we
			sadly were unable to welcome diners for Christmas lunch
			after the service because ofthe pandemic. We did,
			however, have a very well attended outdoor carol service
			in the car park next to the church.
			Outreach
			Although church members have been involved in
			outreach individually, the only organised outreach has
			been the online Alpha which we began in February and
			which has continued since. It has been well attended
			and enjoyed by all participants.
			Children and Youth Work
			We have been unable to continue our outreach youth
			work during the pandemic and without a specified worker,
			we are aware ofa big gap in this area. It is an aspect of
			church work which we are hoping to reinstate very soon.
			Assisting and Relieving Those in Need
			As previously mentioned, the main way in which we
			provide for those in need is through Caring Hands. The
			work ofCaring Hands (the food-bank, diner (twice
			weekly), clothes bank, baby bank, homeless resources
			bank), is separated formally from the church as a
			separate CIO. Caring Hands remains very much part of
			our work, and we support Caring Hands through
			provision ofthe building for storage and daily operational
			use, help with the salary ofthe Community Worker,

					The trustees consider that due to the known level of
Brief statement charity's policy		ofthe on reserves			monthly recurring income the minimum funds required are the amount required to continue the activities ofthe
					church for three months. This is subject to review. This
					year the income has exceeded expenditure and we have
					the legacy money which is no longer needed to buy the
					extra building for Caring Hands in the Vale. This is in
					deposit accounts as we decide how to use it in the longer
					term. We are now looking to employ a Pastor full-time
					and the reserves give us confidence that we will be able
					to sustain that employment even if giving does not
					increase to cover the salary in the short-term. We ensure
					that employed staff are properly provided for with
					sufficient reserves to cover salaries. Unrestricted funds
					at 31 March 2021 were 2270,984 and expenditure for
					three months is estimated as E9,000orf18,000to
					include the salary for a pastor. The present level offunds
					therefore exceeds the minimum level.
Details ofany funds				materially
in	deficit
Further financial		review details			(Optional information)
You may choose to include additional information, where					-The church is in the process ofemploying a full-time pastor and the financial planning for this is in place. We
relevant about:					are deciding on job description and person specification
~	the charity's principal sources offunds (including any fundraising);				at present and hope to have employed someone by the Autumn or the end ofthe year at the latest.
~	how expenditure		has
	supported the	key		objectives
	ofthe charity;
~	investment policy		and
	objectives including			any
	ethical investment			policy
	adopted.

				nrestncie
				Property	Restricted
			Unrestricted	Fair Value	income	Endowment	Total this	Total last
			fundsf	fundsf	fundsf	funds 6	year f	yearf
Fixed assets			F01	F01	F02	F03	F04	F05
Intangible assets
Tangible assets		(Note 9)		365,000			365,000	365,000
Heritage assets
Investments		(Note 10)	85,000	183,000			268,000	183,000
		Total fixed assets	85,000	548,000			633,000	548,000
Current assets
Stocks
Debtors		(Note 11)	1,075				1,075	1,038
Investments
Cash at bank and	in	hand (Note 13)	185,984		7,467		193,451	273973
	Total current assets		187,059		7,467		194,526	275011
Creditors: amounts		falling due within
one year (Note 12)			1,172				1,172	1,170
Net current		assetsl(liabilities)	185,887		7,467		193,354	273,841
Total assets less cunent liabilities			270,887	548,000	7,467		826,354	821,841
Creditors: amounts		falling due after
one year	(Note 12)							11,000
Provisions for liabilities
Total net assets orliabilities			270,887	548,000	7,467		826,354	810,841
Funds ofthe Charity
Endowmentfunds
Restricted income	funds (Note 15)				7,467		7,467	12,617
Unrestricted funds			270,887				270,887	250,224
Property fair value	reserve			548,000			548,000	548,000
		Total funds	270,887	548,000	7,467	-	826,354	810,841
Signed by one or two		trustees on behalf						Date of
of all the trustees			Signature			Print Name		approval
								ddrmm/yyyy

Note 2			Accounting policies	Accounting policies
2.1 INCOME
Recognition	ofincome			These are included in the Statement of Financial Activities (SoFA) when:
				~ the charity becomes entitled to the resources;
				~ it is more likely than not that the trustees will receive the resources;		and
				~ the monetary value can be measured with sufficient reliability.
Offsetting				There has been no offsetting ofassets and liabilities, or income and expenses, unless				required					or permitted				by
				the FRS 102SORP or FRS 102.
Grants and donations				Grants and donations sre only included in the SoFA when the general income recognition							criteria are				met (5.10to
				5.12FRS102SORP).
Legacies				Legacies are included in the SOFA when receipt is probable, that is, when there has				been				grant of		probate,			the
				executors have established that there are sufficient assets in the estate	and any conditions							attached to				the legacy
				are either within the control ofthe charity or have been meL
Tax reclaims	on donations		and	Gift Aid receivable is included in income when there is a valid declaration		from the donor.					Any Gift			Aid		amount
gifts				recovered on a donation is considered to be pert ofthat gift and is treated		as an addition				to		the	same		fund as the
				initial donation ushas the donor or the terms ofthe appeal have speciTied		otherwise.
Support costs				The charity has incurred expenditure on support costs.
Volunteer help				The value ofsny voluntary help received is not induded in the accounts	but is described					in		the trustees'				annual
				report.
Income from	interest,	royalties		This is included in the accounts when receipt is probable and the amount		receivable	can			be measured						reliably.
and dividends
Income from	membership			Membership subscdiptions received in the nature ofa gift are recognised		in Donations		and				Legacies.
subscriptions
2.2 EXPENDITURE			AND LIABILITIES
Liability recognition				Liabilities are recognised where it is more likely than not that there is a legal or constructive								obligation			commilting
				the charity to pay out resources and the amount ofthe obligation can be		measured	with		reasonable					certainty.
Governance	and support		costs	Support costs have been allocated between governance costs and other		support. Governance							costs		comprise
				all costs involving public accountability cfthe charity and its compliance	with regulation				and			good practice.
				Support costs include central functions and have been allocated to activity cost categories								on a	basis		consistent
				with the use ofresources, e.g. allocating property costs by floor areas, or per capita, staff							costs		by	the		time
				spent and other costs by their usage.
Redundancy	cost			The charity made no redundancy payments during the reporting period.
Deferred Income				No material item ofdeferred income has been included in the accounts.
Creditors				The charity hss creditors which are measured at settlement amounts less any trade			discounts
Basic financial instruments				The charity accounts for basic financial instruments on initial recognition		as per paragraph						11.7	FRS102SORP.
				Subsequent measurement is as per paragraphs 11.17to 11.19, FRS102SORP.
2.3ASSETS
Tangible fixed assets for use				Assets are fully expensed in the year ofpurchase.
by charity				A register ofassets is maintained.
Investments				F85,000was invested in a two year fixed rate bond on 20 March 2021 and is included				at		cost as a fixed						asset
				investment. Accrued interest is included in the statement offinancial activities.
Current asset investments				Funds are held in bank accounts with notice pericds of up to 100days.	These are		included					in cash		at bank			and
				on hand.

Note 5	Support Costs	Support Costs	Support Costs
Please complete this note ifthe charity			has analysed			its expenses using activity
categories and	has support costs.
								Advancing
								educationi other
		Advancement			of	Assisting		charitable						Basis of
	Raising funds		Christian	faith		persons	in need	purposes	Grand		total		allocation
													(Descriibe
Su ort costs														method)
				241			724					965
Office costs
Independent				612								612
examination fee
Other
				853			724				1,577
Total
						The charity receives regular payments				from another				charity,
Please provide details ofthe adopted for the apportionment activities and any estimation calculate their apportionment.		accounting ofcosts techniques	policy between used to			Caring Hands in the Vale, for the use of its premises. This includes use ofthe office and the trustees estimate that the various items included within office costs this 'pandemic' year were used 25% by the charity and 75% by Caring Hands in the Vale (prior year apportionment 50:50).

was paid please enter 0	'in the appropriate box(as'.
					This year	Last year
					6	6
Independent examiner's	fees
					612	600
Assurance services other than audit or independent		examination
Tax advisory fees
Other fees (for example:	financial advice, consultancy,		accountancy	services)
paid tothe independent	examiner

		Freehold	Other land &	Plant,	Fixtures,	Total
		&buildings	buildings	machinery	fittings and
				and motor	equipment
				vehicles
At the beginning	ofthe year	365,000				365,000
Additions
Revaluations
Disposals
Transfers
At end ofthe year		365,000				365,000

					Cash 8cash equivalents	Investment properties	Total
Canying (fair) value at		beginning		of		183,000	183,000
period
Add: additions	to investments		during		85,000		85,000
period*
Less: disposals at carrying value
Less: impairments
Add: Reversal	ofimpairments
Add/(deduct):	transfer	in/(out)	in	the
period
Add/(deduct):	net gain/(loss)		on
revaluation
Carrying (fair) value at		end ofyear			85,000	183,000	268,000

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15.3 Transfers	between	funds
		Reason for	transfer and	where endowment		is converted to income,	Amount
			le al	ower for its conversion
Between unrestricted	and	Transfer from New Building fund to General			fund to cover earlier years'		E1,200
restricted funds		expenditure	from General	fund. Agreed as	part	ofclosure ofNew
		Building fund.

							Prior year
Income
Standin Order						18510	18,239
Offerin							9,289
GIR Aid						5,834	5,495
Gilts						13,828	550
Hire offacilities						4,140	4,305
Manse Rent						8,808	8,808
Interest						321	2,184
Pa ment for Cadin		Hands				1,037	100
Pa ment for Missions						275
Other income							585
Income Total						52,784	49,555
Expenditure
Wa es, Salaries,		Nl	and	Tax		8966	11,098
Pension Contributions						269	430
Utilities						2,297	2,499
Youth &Children's		Work				293	799
Missions 8 Missions			Givin			2,975	3,150
Carin Hands						4 140	4,140
Visiti s eakers							460
Manse						3,283	1,914
Office						965	1,656
Ind endent exainination						612	600
Church Buildin	8	E	ui	ment		3,147	2,400
Insurance licences,			subscri		tions	3,679	3,979
E enses						1577	3,241
Trainin &Aw	Da		s			20	861
Pa ment for Carin			Hands			1,037	100
eels							30
Health 8 Safe						41
Buildin surv							780
Ex enditure	Total					33,301	38,137

There have	been no	been no	been no	related party transactions ln the reporting period (True or False)	related party transactions ln the reporting period (True or False)		FALSE
							Amounts
Name ofthe or related			trustee party	Relationship to charity Description ofthe transaction(a)	Amount Balance at period end		Provision for bad debts at period end written off during reporting
							H
Caring Hands			in the	Both charities See narrative	below
Vale				had trustees
				in common
In relation to		the		The charity's premises are shared with	Caring Hands in the Vale which pays rent to the charity. Two lunch
transactions		above,		times a week, excluding holidays, Cadng Hands in the Vale uses the kitchen and lounge operating a drop-in
please provide			the	diner where hot meals are provided. This year the service was restricted		due to the pandemic. Caring Hands
terms and				in the Vale operates a food bank from	the premises which are used for storage. Office accommodation is
conditions,	including			also shared. The arsount of rent paid	to the charity in the year was K4,140and is the same as the amount
any security		and the		paid by the charity to Caring Hands in	the Vale (see below). The trustees		consider the amount ofrent
nature ofany				charged to be a reasonable amount to	cover a share of utilities bills, office		costs and a contdbution to building
payment				maintenance costs.
(consideratlonl			tobe
provided in settlement.				The charity pays to Caring Hands in the Vale the approximate equivalent ofone day per week salary for Diane gannett who is a trustee ofthe charity but is not a trustee of Caring Hands in the Vale, and who was
				employed two days per week by the chadty and three days per week by		Caring Hands in the Vale. The
				amount paid for the year was E4,140.	The payment is made in furtherance		ofone ofthe charity's aims which
				is 'to assist and relieve persons who are in conditions ofneed, hardship		or	distress or who are sick or in poor
				health'.
				Cadng Hands in the Vale paid F253.36for gospels and tracts on behalf		of	the charity and this was reimbursed
				by the charity to Caring Hands in the Vale.
				The charity received payments totalling	61,037.50 intended for Caring Hands in the Vale and the charity paid
				the amounts totalling 61,037.50to Caring Hands in the Vale.
Forany related party, please provide details ofany					None
guarantees	given or			received.