Ridgeway Community Church Report and Accounts Year ended 31st August 2021
## **Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Report and Accounts For the year ended 31st August 2021**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS**
## **Trustees**
Mr Q K Harpham MR G Lloyd-Jones Mr D J Locke, Chair Mr L Owusu
Mr D Perrins, Treasurer Mr M B Shreeve Mr C Wyatt
## **Charity registered number**
1169035
## **Principal office**
22 St. Mary's Street, Wallingford, Oxon, OX10 0EW
## **Independent Examiner**
Rev’d. A. A. Clements MA, ACIB, FCIE
## **Bankers**
Barclays, 2 Market Place, Wallingford, Oxon, OX10 0EJ
## **Fit and Proper Persons**
It is considered that the Trustees and any others who could be understood as managers in the activities and affairs of the Ridgeway Community Church are considered to be 'fit and proper' persons under the terms of the Finance Act 2010 and have completed declarations confirming this. Newly appointed Trustees and any others re-appointed as Trustees after a period of absence are given the opportunity to be thoroughly briefed as to the present position of the Ridgeway Community Church and its future plans on taking up their appointment. Trustee training is available as and when required.
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## **Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH**
## **Trustees Report For the year ended 31st August 2021**
## **TRUSTEES' REPORT**
The Trustees present their annual report together with the financial statements of Ridgeway Community Church (the charity) for the year ended 31 August 2021. The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP). The charity has opted to report under the provisions of the Financial Reporting Standard for Smaller Entities (FRSSE).
## **Structure, governance and management**
## **a. CONSTITUTION**
The charity is a CIO (Charity Incorporated Organisation). It is a continuation of the previous Ridgeway Christian Church unincorporated Charity (reg number 283919).
## **b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES**
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Constitution.
## **c. ORGANISATIONAL STRUCTURE AND DECISION MAKING**
The charity is administered by the church Elders. All the Trustees (excluding the Treasurer) are Elders. The Elders meet monthly with additional meetings being arranged as and when required. The Treasurer is responsible for administering the financial resources of the charity on a day to day basis. In this task he is assisted by two Assistant Treasurers, one for each congregation. The Assistant Treasurers are not Trustees of the charity.
## **d. EMPLOYEES**
The church employed 6 people at the balance sheet date (prior year 9), 1 full-time, the rest part-time. Normally two Trustees are also employees, which was the case for most of the financial year, but one of the Pastor roles was vacant at year end. So currently, one trustess is also an employee (Gareth Lloyd-Jones). Employed trustees work as full-time pastors and are paid for that service. This is permitted under the CIO governing document. The salary in respect of the two pastors we would normally have are only for their pastoral duties and do not include any payments in respect of their being trustees of the Ridgeway Community Church. One part-time employee (Tracey Lloyd-Jones) is the wife of a trustee, she was employed part-time in the Fountain Bookshop, following the closure of the bookshop, her role has been transferred to the Community Hub. It is confirmed that no employee received a salary in excess of £60,000 for the year. As a result of the closure of the bookshop activity, two employees left the charity, one retired the other recieved redundancy.
## **Objectives and Activities**
## **a. OBJECTIVES**
The principal object of the charity is the advancement of the Christian religion and the relief of those in need, in accordance with the teachings of Jesus Christ. The Trustees declare that they have had regard to the guidance issued by the Charity Commission on public benefit and are satisfied that the charity fulfils the criteria. This is considered in more detail in the next section.
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## **Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Trustees Report For the year ended 31st August 2021**
## **TRUSTEES' REPORT (continued)**
## **b. ACTIVITIES FOR ACHIEVING OBJECTIVES**
## **(including consideration of public benefit and the impact of the Covid-19 pandemic)**
The charity functions as a church, holding services each Sunday (open to all) and serving the local community via the Fountain Bookshop now the Fountain Community Hub, Beacon Youth Project and various community groups. In addition we support Wallingford Street Pastors, the CAP debt advice centre, the Wallingford Food Bank and the Didcot Youth Trust
This year all activities have continued to be significantly impacted by the global Covid-19 pandemic. Sunday morning in person services had been suspended in March 2020. In person services were restarted at the end of July 2021 per government guidelines. In the intervening period services were held on-line and as the weather improved in 'Garden Clusters', which allowed upwards of 300 people to gather in more than 20 gardens. To cater for differing needs the church has been running three services on Sunday since re-starting in person meetings. Two in the mornings, open services for those that feel comfortable meeting in person and in the evening an alternative gathering that requires all to wear face-masks and is also broadcast on-line for those who are either more vulnerable or not comfortable meeting without face-masks. In this way the charity has sought to provide for people in all situations in the community.
Last year youth work mainly moved to on-line contact. With fewer restrictions, we have been able to restart in person youth meetings and continue to work in partnership with Wallingford Town Council through the Beacon Youth program in Wallingford. In Didcot our youth worker, appointed last year, has also been able to restart in person meetings and the charity has been hiring premesis to host a lively and growing work amongst the young people of the town. We are finding significant mental health issues in young people due to the lockdowns and there is much to be done.
The Fountain Bookshop was closed for some of the year due to lockdown restrictions. In 2020 a decision was made to re-purpose the space away from book retail to a more versatile space called the 'Community Hub'. This involved a complete redevelopment of that part of the building, constructing a commercial grade kitchen and open cafe area that fronts onto Wallingford's main shopping street. The charity partnered with Wallingford Emergency Foodbank in this project and the Foodbank provided a grant of £35k towards the cost with an understanding that it would have access to the kitchen facility once complete. The aim is to provide not only food, but also teaching in shopping, cooking and home econonics for the needy people we meet through the Foodbank. The Foodbank is already hosted in part of the charity's building and the two charities work closely together. At the balance sheet date the project was not complete, but it has been completed by the time this report is written and is open and providing a welcoming space for the community to use. A full report on how the Community Hub develops will be provided next year, but early indications of growth in use by local groups and the general public is already encouraging.
Use of the church building by local charities and organisations was forced to stop by restrictions on indoor gatherings. This activity has picked up a little towards the end of the financial year, but is well below the level we saw before the pandemic.
The charity continues to support various overseas charities both financially and with leadership guidance. These include Pastors in India, Jews for Jesus (Germany) and the Message Trust (South Africa). The church also supports CAP (Christians Against Poverty debt counselling service), both financially and with volunteer staff. A
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## **Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Trustees Report For the year ended 31st August 2021**
**TRUSTEES' REPORT (continued)**
## **c. RISK ASSESSMENT AND POLICIES**
The church maintains written policies on:
- Risk Assessment
- Health and Safety
- Volunteers
- Data Protection
- Safeguarding
- Accounting These policies are reviewed and updated by members of the trustee group and issued to all relevant staff and volunteers.
Risk assessments are carried out on both the church building owned in Wallingford and the facilities we rent for the Didcot congregation. An Accident Book is maintained and health and safety issues are timetabled for discussion at Trustees meetings.
The contents and obligations of the Equality Act 2010 and the 2018 General Data Protection Regulation are known and complied with to the best of the charity's ability. The charity is aware of its
responsibilities in respect of the Regulatory Reform (Fire Safety) Order 2005 in its requirement to carry out a fire assessment to identify any possible dangers and risks, to take action to minimise the risks and to create a plan to deal with any emergencies, and also to write up and keep a record of its findings and to review its assessment annually. The charity has appointed Timothy Sugar (Centre Manager) to be the responsible person to put these things into operation.
There is a Protection Policy in place in respect of children and vulnerable adults. Checks have been and are made with the Disclosure and Barring Service in respect of persons dealing regularly with young people and vulnerable adults. The appointed officer for this is Quillon Harpham (Trustee and Elder). All those who work with children are required to attend CCPAS (Churches' Child Protection Advisory Service) training.
Whilst it is impossible to eliminate all risks and their consequences, efforts are constantly made to minimise such occurrences.
## **Financial Review**
## **a. RESULTS**
The accounts of the charity are presented in the following pages. Activity Income has remained low due to pandemic effects, but income from tithes and offerings from church members has held up well, despite the economic uncertainly of the pandemic. Overall income in 2020/21 is much higher than normal, but this is entirely due to the special offering collected from church members towards funding the Community Hub building work, together with the grant received from the Wallingford Emergency Foodbank. The total collected for this project (including associated Gift Aid) was £67,976.
Income for the year was £290k. Deducting the Community Hub project income leaves £222k, which compares with a prior year value of £229k. Income from activities such as the bookship and rental income fell due to lockdowns. The reduction was offset to some extent by the government furlough scheme. The church furloughed 5 staff, those working in the bookshop and church building where activity was completely stopped by lockdown. Income from HRMC furlough employment support was £9.6k (PY £7.8k). The church did not furlough any ministry staff (Pastors and Youth Workers), these staff worked through the pandemic and continued to offer help and support to church members and the wider community.
Spending levels also fell due to lower activity, notably reduction in venue hire costs in Didcot as the building we previously used was needed as a vacination center. We were also without one full-time Pastor for 5 months, the previous pastor having moved to a new role in April. He has replaced with a new Pastor and trustee who started in September 2021, so was not an employee or trustee at the balance sheet date.
The accounts show a significant surplus £76k. This is partly due to the lower spending outlined above, but mainly due to the capitalisation of the Community Hub project costs, so the accounts reflect the income but not the cost. Depreciation of this asset will begin in 2021/22.
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## **Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Trustees Report For the year ended 31st August 2021**
## **TRUSTEES' REPORT (continued)**
## **b. GOING CONCERN**
The impact of a major shock in the pandemic and the temporary closure of some activities has not caused the charity significant financial hardship. The trustees have confidence in classifying the charity as a going concern.
## **c. INVESTMENT POLICY AND PERFORMANCE**
No investments are held by the charity at the reporting date.
## **d. RESERVES POLICY**
The charity reserves policy is to aim to maintain reserves at around 3 months worth of spending. Currently this would amount to about £50k. At year end the total bank balance is £74k (net of £2k restricted funds). However, it should be noted, that of this £6.6k is money collected towards the Community Hub project that will be paid out to contractors next year, so a realistic value £70k. The charity plans to use this excess of reserves to invest in community support as outlined in the next section.
## **FUTURE DEVELOPMENTS**
The church looks forward to developing the new Community Hub facility in Wallingford. Although those using the facility can make a donation, there are no fixed charges and the charity expects this facility to be a net financial cost, but a signifcant social benefit. There is also a growing need for youth work in both towns (Wallingford and Didcot), as a result we have increased the working hours of both our youth workers. We have also expanded the time we are renting a new facility in Didcot to host more gatherings in that town. Our pastoral team are aware of many mental health issues in the community caused by the pandemic and the disruption to normal life. Now our team is back to full strength we are setting about supporting as many people as possible. All of these initiatives will cost money and may use reserves until income has grown sufficiently to fully support them.
The trustees are grateful that due to the on-going support of the church members, we are in a position to invest in additional staff time and activity to support those in need, both in our church membership and the local community.
Approved at a meeting of the Trustees on and signed on their behalf by
## _**David Locke**_
D Locke, Chairman of Trustees
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**Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Independent Examiners Report For the year ended 31st August 2021**
Page 6
|Charity No
(if any)
1169035
Period start date
01/09/2020
**To**
Period end
date
31/08/2021
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES|Charity No
(if any)
1169035
Period start date
01/09/2020
**To**
Period end
date
31/08/2021
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES|Charity No
(if any)
1169035
Period start date
01/09/2020
**To**
Period end
date
31/08/2021
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES|Charity No
(if any)
1169035
Period start date
01/09/2020
**To**
Period end
date
31/08/2021
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES|Charity No
(if any)
1169035
Period start date
01/09/2020
**To**
Period end
date
31/08/2021
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES|Charity No
(if any)
1169035
Period start date
01/09/2020
**To**
Period end
date
31/08/2021
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES|Charity No
(if any)
1169035
Period start date
01/09/2020
**To**
Period end
date
31/08/2021
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES|Charity No
(if any)
1169035
Period start date
01/09/2020
**To**
Period end
date
31/08/2021
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES|Charity No
(if any)
1169035
Period start date
01/09/2020
**To**
Period end
date
31/08/2021
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES|Charity No
(if any)
1169035
Period start date
01/09/2020
**To**
Period end
date
31/08/2021
Charity Name:Ridgeway Community Church
Annual accounts for the period
*—————————
FOR ENGLAND AND WALES|ae|
|---|---|---|---|---|---|---|---|---|---|---|
|**Section A Statement of financial activities**|**Section A Statement of financial activities**|||||**Section A Statement of financial activities**|||||
|**Recommended categories by**
**activity**
**Incoming resources (Note 3)**||Guidance Notes|**Unrestricted**
**funds**
**£**
F01|**Unrestricted**
**Restricted**
**income**
**funds**
**£**
F02||**Restricted**|**Endowment**
**funds**
**£**
F03||**Total funds**
**£**
F04|**Prior year**
**funds**
**£**
F05|
|**Income and endowments from:**|||||||||||
|Donations and legacies||S01|180,822||32,976|||-|213,798|179,547|
|Charitable activities||S02|13,027||53,650|||-|66,677|41,686|
|Other trading activities||S03|-||-|||-|-|-|
|Investments||S04|-||-||||-|-|
|Separate material item of income||S05|9,665||-|||-|9,665|7,777|
|Other||S06|-||-|||-|-|-|
|**_Total_**||S07|203,514||86,626|||-|290,140|229,010|
|**Resources expended (Note 6)**|||||||||||
|**Expenditure on:**|||||||||||
|Raising funds||S08|-||-|||-|-|-|
|Charitable activities||S09|110,571||77,117|||-|187,688|201,636|
|Separate material item of expense||S10|25,942||-|||-|25,942|24,750|
|Other||S11|-||-|||-|-|-|
|**_Total_**||S12|136,513||77,117|||-|213,630|226,386|
||||||||||||
|**Net income/(expenditure) before investment**|**Net income/(expenditure) before investment**||||||||||
|**gains/(losses)**||S13|67,001||9,509|||-|76,510|2,624|
|Net gains/(losses) on investments||S14|-||-|||-|-|-|
|**Net income/(expenditure)**||S15|67,001||9,509|||-|76,510|2,624|
|**Extraordinary items**||S16|-||-|||-|-|-|
|**Transfers between funds**||S17|-||-|||-|-|-|
|**Other recognised** **gains/(losses):**|||||||||||
|Gains and losses on revaluation of fixed assets for the charity’s own use||S18|||-|||-|-|-|
|Other gains/(losses)||S19|-||-|||-|-|-|
|**_Net movement in funds_**||S20|67,001||9,509|||-|76,510|2,624|
|**_Reconciliation of funds:_**|||||||||||
|Total funds brought forward||S21|1,470,035||2,000|||-|1,472,035|1,469,411|
|**_Total funds carried forward_**||S22|1,537,036||11,509|||-|1,548,545|1,472,035|
|1|||||||||||
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## **Section B Balance sheet**
|**Fixed assets**
**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Guidance Notes
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21|**Unrestricted**
**funds**
**£**
F01
-
1,460,670
-
-|
**Restricted**
**income**
**funds**
**£**
F02
-
-
-|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04
-
-
-
1,460,670
-
-
- -|**Total last year**
**£**
F05|
|---|---|---|---|---|---|
||||||-
1,399,342
-
-|
|||1,460,670|-|-
1,460,670|1,399,342|
|||-
13,148
-
64,915|-
-
-
11,509|-
-
- 13,148
-
-
-
76,424||
||||||9,137
12,194
-
53,519|
|||78,063|11,509|-
89,572|74,850|
||||||2,157|
|||1,696|-|- 1,696||
|||||||
|||76,367|11,509|-
87,876|72,693|
|||||||
|||1,537,037|11,509|**-**
1,548,546|1,472,035|
||||||-
-|
|||-
-|-
-|- -
-
-||
|||||||
|||1,537,037|11,509|-
1,548,546|1,472,035|
|||-
1,537,037|11,509|-
11,509
- 1,537,037
-||
||||||-
2,000
1,470,035
-|
|||1,537,037|11,509|-
1,548,546|1,472,035|
|||Signature*
_David Locke_
_Darrell Perrins_||David Locke (Chairman)
Darrell Perrins (Treasurer)
Print Name|Date of
approval
dd/mm/yyyy|
* To reduce fraud, the charity has taken advantage of the concession to publish unsigned copies of the accounts. The charity retains signed copies, these are available on request.
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## **Section C Notes to the accounts**
Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
|||||||the Statement of Recommended Practice: Accounting and Reporting by Charities|
|---|---|---|---|---|---|---|
|•|and|with*||||preparing their accounts in accordance with the Financial Reporting Standard|
|||||||applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014|
|•|and|with*||||the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102)|
|•|and|with the|Charities||Act 2011.||
The charity constitutes a public benefit entity as defined by FRS 102.*
* -Tick as appropriate
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
|Where accounts are not prepared on a going
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.
Disclosure of any uncertainties that make the
going concern assumption doubtful;
An explanation as to those factors that support
the conclusion that the charity is a going
concern;|
_The charity has been funded by donations and charitable activity_
_income for >30 years. There is no evidence to suggest this position_
_will change in the foreseeable future._
_Not applicable_
_None_|
|---|---|
## **1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2
|Yes*
|||
|---|---|---|
|No*|||
|**_Please disclose:_**|||
|**_(i) the nature of the change in accounting policy;_**||None|
|**_(ii) the reasons why applying the new accounting policy_**|||
|**_provides more reliable and more relevant information;_**|||
|**_and_**|||
|**_(iii) the amount of the adjustment for each line affected_**|||
|**_in the current period, each prior period presented and_**|||
|**_the aggregate amount of the adjustment relating to_**|||
|**_periods before those presented, 3.44 FRS 102 SORP._**|||
Page 9
## **Section C Notes to the accounts**
## Note 1 **continued**
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes* No*
## _**Please disclose:**_
_**(i) the nature of any changes; (ii) the effect of the change on income and expense or assets and liabilities for the current period; and (iii) where practicable, the effect of the change in one or more future periods.**_
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
**----- Start of picture text -----**
Yes*
No*
Please disclose:
(i) the nature of the prior period error;
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
(iii) the amount of the correction at the beginning of the
earliest prior period presented in the accounts.
**----- End of picture text -----**
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## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
_Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE**
**Please provide a description of the nature of each change in accounting policy**
No changes to accounting practises or policies to report
## _**Reconciliation of funds per previous GAAP to funds determined under FRS 102**_
**Start of End of period period £ £**
**Fund balances as previously stated** _**Adjustments:**_
**Fund balance as restated**
0 0
## _**Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_
**2019/20 £**
**Net income/(expenditure) as previously stated**
_**Adjustments:**_
**Previous period net income/(expenditure) as restated**
0
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**Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies 2.2 INCOME**
_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._
## **Recognition of income**
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.
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
**Offsetting**
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
## **Grants and donations**
In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
**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 of the charity or have been met.
The charity has received government grants in the reporting period
## **Government grants**
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
**Tax reclaims on donations and gifts**
## **Contractual income and performance related grants**
This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
## **Donated goods**
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.
**Donated services and** Donated services and facilities are included in the SOFA when received at the value of **facilities** the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. **Support costs** The charity has incurred expenditure on support costs.
||Yes|No|N/a|
|---|---|---|---|
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||Yes|No||
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||Yes|No|N/a|
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||Yes|No|N/a|
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||Yes|No|N/a|
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||Yes|No|N/a|
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||Yes|No|N/a|
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||Yes|No|N/a|
|||||
|||||
|||||
||Yes|No|N/a
|
||Yes|No|N/a|
|||||
|||||
|||||
|||||
||Yes|No|N/a|
|||||
|||||
|||||
|||||
||Yes|No|N/a|
|||||
||Yes|No|N/a|
|||||
|||||
||Yes|No|N/a|
|||||
||Yes|No|N/a|
|||||
||Yes|No|N/a|
|||||
Page 12
**Section C Notes to the accounts (cont)**
## **Note 2** continued **Accounting policies**
## **2.2 INCOME**
_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._
|**Volunteer help**
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, e.g. allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
**Investment gains and**
**losses**
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
**2.3 EXPENDITURE AND LIABILITIES**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the 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 of the charity and its
compliance with regulation and good practice.
**Basic financial**
**instruments**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Creditors**
The charity has creditors which are measured at settlement amounts less any trade
discounts
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Grants with performance**
**conditions**
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Grants payable without**
**performance conditions**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
**Redundancy cost**
The charity made no redundancy payments during the reporting period.|Yes
No
N/a
Yes
No
N/a
Yes
No
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
|
|---|---|
Page 13
## **Section C Notes to the accounts (cont)**
**Note 2** continued **Accounting policies**
## **2.2 INCOME**
_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._
## **2.4 ASSETS**
|**Intangible fixed assets**
**Heritage assets**
**POLICIES ADOPTED**
**ADDITIONAL TO OR**
**DIFFERENT FROM**
**THOSE ABOVE**
**Investments**
**Tangible fixed assets for**
**use by charity**
**Stocks and work in**
**progress**
**Debtors**
**Current asset**
**investments**|£5,000
Yes
No
N/a
Yes
No
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
They are valued at cost.
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost.
_[Note, Church building valued at insurance valuation, other fixed assets at cost]_
The depreciation rates and methods used are disclosed in note 9.2.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the
contract.
They are valued at fair value except where they qualify as basic financial instruments.
**2.4 ASSETS**
**Tangible Fixed Assets**
The church building is valued at insurance valuation and is not depreciated. Last valuation was in 2019.
New spend on capitalisable building improvement is capital work-in-progress at the balance sheet date and so
not yet depreciated.
**Stocks**
Stocks reported last year have been completely consumed with the remaining balance written off due to closure
of the related activity. The charity now holds no stocks for resale.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
The charity has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than
to meet short term cash commitments as they fall due.|
|---|---|
Page 14
## **Section C Notes to the accounts (cont)**
**Note 3 Analysis of income**
**----- Start of picture text -----**
Restricted
Unrestricted income Endowment
Analysis funds funds funds Total funds Prior year
Donations and Donations and gifts 146,607 27,351 - 173,958 147,870
legacies: Gift Aid 34,215 5,625 - 39,840 31,677
Legacies - - - - -
General grants provided by government/other
charities - 37,861 - 37,861 -
Membership subscriptions and sponsorships which
are in substance donations - - - -
Donated goods, facilities and services - - - - -
Other - - - - -
Total 180,822 70,837 - 251,659 179,547
Charitable Fountain Bookshop and Drop-in Centre
activities: 8,860 - 8,860 11,395
Beacon Youth Project (Grant received) 15,789 - 15,789 18,288
Church building use by local groups 3,792 - - 3,792 11,291
Other 375 - 375 712
Total 13,027 15,789 - 28,816 41,686
Other trading
activities: - - - - -
Other - - - - -
Total - - - - -
Income from - - - - -
investments: Other - - - - -
Total - - - - -
Separate HRMC Furlough job retention scheme 9,665 - - 9,665 7,777
material item of - - - - -
income: - - - - -
Total 9,665 - - 9,665 7,777
Other: Conversion of endowment funds into income - - - - -
Gain on disposal of a tangible fixed asset held for
charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 203,514 86,626 - 290,140 229,010
Other
Grants and Donations (inc associated gift aid) for a project to
All income in the prior year was unrestricted except for: (please convert the bookshop area of the charity building into a community
provide description and amounts) hub.
Grant from Wallingford Town Council for on-going youth project
Where any endowment fund is converted into income in the reporting
N/A
period, please give the reason for the conversion.
Within the income items above the following items are material:
N/A
(please disclose the nature, amount and any prior year amounts)
**----- End of picture text -----**
Page 15
## **Section C Notes to the accounts (cont)**
## **Note 4 Analysis of receipts of government grants**
|**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any unfulfilled_**
**_conditions and other contingencies_**
**_attaching to grants that have been_**
**_recognised in income._**
**_Please give details of other forms of_**
**_government assistance from which the_**
**_charity has directly benefited._**|**Furlough Job Retention Scheme**
**Total**
Partnership with Wallingford Emergency Foodbank
provides for repayment of grant in the event they are
unable to utilise the kitchen portion of the community
hub. Project described in Trustees Report. Details of
potential liability in contingent liabilities section, N23.
The charity received two grants from Wallingford Town
Council, funding for Beacon Youth Project. Disclosed
under 'charitable activities'.
**Description**|**This year**
**Last year**
**£**
**£**
9,665 7,777
- -
- -
- -|
|---|---|---|
|||9,665 7,777|
||||
Page 16
**Section C Notes to the accounts (cont)**
## **Note 6 Analysis of expenditure**
**----- Start of picture text -----**
Restricted
Unrestricted income Endowment
Analysis funds funds funds Total funds Prior year
Expenditure on Incurred seeking donations - - - - -
raising funds: Incurred seeking legacies - - - - -
Incurred seeking grants - - - - -
Operating membership schemes and social
lotteries
- - - - -
Staging fundraising events - - - - -
Fundraising agents - - - - -
Operating charity shops
- - - - -
Operating a trading company undertaking
non-charitable trading activity - - - - -
Advertising, marketing, direct mail and
publicity - - - - -
Start up costs incurred in generating new
source of future income
- - - - -
Database development costs - - - - -
Other trading activities - - - - -
Investment management costs: - - - - -
Portfolio management costs - - - - -
Cost of obtaining investment advice - - - - -
Investment administration costs - - - - -
Intellectual property licencing costs - - - - -
Rent collection, property repairs and
maintenance charges - - - - -
Total expenditure on raising funds - - - - -
Expenditure on Fountain Bookshop 29,052 - 29,052 28,090
charitable Beacon Youth Project
activities 3,542 15,789 - 19,331 17,456
Church building use by local groups
19,414 - 19,414 26,207
Community Fridge - - -
Church activities 119,891 - 119,891 129,883
Total expenditure on charitable activities
171,899 15,789
- 187,688 201,636
Separate Grants made 25,942 - - 25,942 24,750
material item of
expense - - - - -
Total 25,942 - - 25,942 24,750
Other
- - - - -
- - - - -
Total other expenditure - - - - -
TOTAL EXPENDITURE 197,841 15,789 - 213,630 226,386
Other information:
Analysis of expenditure on charitable activities
Grant
Activity or funding Support Total this Total prior
Activities undertaken directly
programme of Costs year year
activities
£ £ £ £ £
Other
Total
Prior year expenditure on charitable activities can be
analysed as follows:
Within the expenditure items above the following items
are material: (please disclose the nature, amount and None
any prior year amounts)
**----- End of picture text -----**
Page 17
## **Section C Notes to the accounts (cont)**
## **Note 9 Support Costs**
_Please complete this note if the charity has analysed its expenses using activity categories and has support costs._
**----- Start of picture text -----**
Basis of
Raising funds Salaries Prof Services Other Grand total allocation
Support cost (Describe
(examples) £ £ £ £ £ method)
Allocated to
Administration - 3,879 1,545 2,592 8,016 'Church Activities'
in full
- - - - -
- - - - -
- - - - -
Other - - - - -
Total - 3,879 1,545 2,592 8,016
**----- End of picture text -----**
_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_
Total Administration costs were £8.0k (£7.0k in 2019/20). This accounts for 3% of total expenditure. All administration costs are shown under 'Church Activities'.
Page 18
**Section C Notes to the accounts (cont)**
## **Note 10 Details of certain items of expenditure**
## **10.1 Fees for examination of the accounts**
_Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es)._
|**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**
**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**|**This year**
**Last year**
**£**
**£**
200
200
0
0
0
0
0
0|
|---|---|
Page 19
**Section C Notes to the accounts (cont)**
**Note 11 Paid employees**
|**11.1 Staff Costs**||||||
|---|---|---|---|---|---|
||||**This year**||**Last year**|
||||**£**||**£**|
|**Salaries and wages**||||87,635|85,875|
|**Social security costs**||||19,911|20,079|
|**Pension costs (defined contribution scheme)**||||9,843|8,789|
|**Other employee benefits**||||23,434|29,574|
||**Total staff costs**|||140,823|144,317|
|||||||
|**Please provide details of expenditure on staff working for**|**the charity whose**|None||||
|**contracts are with and are paid by a related party**||||||
_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_
|**_provided._**|**_provided._**||||||||
|---|---|---|---|---|---|---|---|---|
|**No employees received employee benefits (excluding employer pension**|||||||||
|**costs) for the reporting period of more than £60,000**|||TRUE||||||
||||||||||
|**Band**||**Number**||**of employees**|||||
|**£60,000 to £69,999**||||0|||||
|**£70,000 to £79,999**||||0|||||
|**£80,000 to £89,999**||||0|||||
|**£90,000 to £99,999**||||0|||||
|**£100,000 to £109,999**||||0|||||
||||||||||
|**Please provide the total amount paid to key**
**management personnel (includes trustees and**
**senior management) for their services to the charity**|£97,750
This relates to the four staff who
others|||have responsibility for managing|||||
||||||||||
|**11.2 Average head count in the year**||||**This year**
**Number**|||**Last year**
**Number**||
|**The parts of the charity in which the employees**|Fundraising||||-|
||-|
|**work**|Charitable Activities||||8.2|||9.0|
||Governance||||-|
||-|
||Other||||-|
||-|
|||**Total**|||8.2|||9.0|
## **11.3 Ex-gratia payments to employees and others (excluding trustees)**
_**Please complete if an ex-gratia payment is made.**_
|**_Please complete if an ex-gratia payment is made._**||
|---|---|
|**Please explain the nature of the payment**||
||£1,000 paid to youth worker, through payroll.|
|||
|**Please state the legal authority or reason for**|Recognition of substatial extra work carried out, beyond paid hours, while the|
|**making the payment**|church was without a pastor for one of our two congregations.|
|||
|**Please state the amount of the payment (or value of**|£1,000|
|**any waiver of a right to an asset)**||
|**11.4 Redundancy payments**||
|**_Please complete if any redundancy or termination payment is made in the period._**||
|**Total amount of payment**|£214|
|||
|**The nature of the payment (cash, asset etc.)**|Cash, through payroll|
|||
|**The extent of redundancy funding at the balance**|Nil|
|**sheet date**||
|||
|**Please state the accounting policy for any**|Statutory redundancy terms are included in contracts of employment.|
|**redundancy or termination payments**|Expensed in final month of employment.|
Page 20
**Section C Notes to the accounts (cont)**
## **Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.**
_12.1 Please complete this note if a defined contribution pension scheme is operated._
**Amount of contributions recognised in the SOFA as an expense**
8,538
**Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.**
A small portion of the expense (£970) is allocated against restricted funds grant income for youth work. This represents a proportion of the pension costs for the associated youth workers.
## _**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_
**Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.**
No defined benefit plan
**Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity**
N/A
## _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_
**Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan**
N/A
Page 21
**Section C Notes to the accounts (cont)**
## **Note 13 Grant making**
_Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken._
## **13.1 Analysis of grants paid (shown as Separate material item of expense)**
**----- Start of picture text -----**
Grants to
Analysis Grants to institutions individuals Support costs Total
Wallingford CAP 7,000 7,000
Jews for Jesus (Germany) 6,500 6,500
The Message Trust (South Africa) 4,000 4,000
India Pastoral Support 3,410 3,410
Open Doors 2,875 2,875
Teamwork Support Ministries (India Covid relief) 1,775 1,775
Kiontsugi Hope 250 250
Others 132 132
Total 25,942 0 0 25,942
**----- End of picture text -----**
## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.2 Grants made to institutions**
|**_No_**
**Names of institution**
Wallingford CAP
cap.org.uk
Jews for Jesus
jewsforjesus.org
The Message Trust
message.org.za
Open Doors
opendoorsuk.org
Teamwork Support Ministries
UK charity number
1053368
**_TOTAL GRANTS PAID_**
Works in over 60 countries, training church
leaders, practical support and emergency
relief. Supporting Christians who suffer for
their faith
Provides free debt counselling in the UK
Community partnerships in South African
Townships
Working with Jewish communities in 18
cities. We support work in Berlin
**_My charity has made grants to particular institutions that are material in the context of_**
**_its grant making. Details of the institution supported, purpose of the grant and total_**
**_paid to each institution is available on the charity's web site._**
**Purpose**
The charity supports a number of Christian
ministers, funds a school, an orphanage,
housing for widows and a water pump.
**_Other unanalysed grants_**
**_Total grants to institutions in reporting period_**|**_Please provide_**
**_details of charity's_**
**_URL._**
**_Provide details_**
**_below_**
**Total amount of**
**grants paid £**
7,000
6,500
4,000
2,875
1,775
-
-|
|---|---|
||**22,150**|
||3,792
25,942|
Page 22
**Section C Notes to the accounts (cont)**
## **Note 14 Tangible fixed assets**
_Please complete this note if the charity has any tangible fixed assets_
## **14.1 Cost or valuation**
|Beginning of the year
Additions
Revaluations
Disposals
Transfers *
At end of the year|**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery and**
**motor vehicles**
**Fixtures,**
**fittings and**
**equipment**
**Total**
**£**
**£**
**£**
**£**
**£**
1,399,342 - - - 1,399,342
- - - 61,328 61,328
- - - -
- - - - -
- - - - -|
|---|---|
||1,399,342 - - 61,328 1,460,670|
Note: additions shown under Fixtures & Fittings relate to an incomplete project. Depreciation will begin once the project is completed.
## **14.2 Depreciation and impairments**
|**Basis**- Straight Line
("SL") or Reducing
Balance ("RB")
**Rate**
Beginning of year
Disposals
Depreciation
Impairment
Transfers*
At end of the year
NBV Beginning
NBV End
**14.3 Net book value**|SL or RB
SL or RB
SL or RB
SL or RB
SL or RB
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -|
|---|---|
||- - - - -|
|||
||1,399,342 - - - 1,399,342
1,399,342 - - 61,328 1,460,670|
## **14.4 Impairment**
## _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
None 31/08/2019 Taken from insurance value £854,843. This is the cost at point of transfer from the previous unincorporated charity on 01/03/2018 0 0 0
## **14.5 Revaluation**
If an accounting policy of revaluation is adopted, please provide: The effective date of the revaluation
The name of independent valuer, if applicable The methods applied and significant assumptions The carrying amount that would have been recognised had the assets been carried under the cost model.
## **14.6 Other disclosures**
_(i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used._
_(ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets._
_(iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities._
Page 23
**Section C Notes to the accounts (cont)**
## **Note 18 Stocks**
_Please complete this note if the charity holds any stock items_
## **18.1 Please state the carrying amount of stock and work in progress analysed between activities.**
|**18.1 Please state the carrying amount of stock and work in progress analysed between**
**activities.**|**unt of stock and work in progress analysed between**|**unt of stock and work in progress analysed between**|
|---|---|---|
|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
**Charitable activities:**
**_Opening_**
- 9,137 - - -
**_Added in period_**
- 1,697 - - -
**_Expensed in period_**
- - 6,646 - - -
**_Impaired_**
- - 4,188 - - -
**_Closing_**
**- - - - -**
**Other trading activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Total this year**
- - - - -
**_Total previous year_**
- 9,137 - - -
**Work in**
**progress**
Nil
**18.2 Please specify the carrying amount of**
**any stocks pledged as security for liabilities**
**Stock**
**Donated goods**|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
- 9,137 - - -
- 1,697 - - -
- - 6,646 - - -
- - 4,188 - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
**Work in**
**progress**
**Stock**
**Donated goods**||
||-|- - - -|
|||9,137 - - -
Nil|
Page 24
**Section C Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
_Please complete this note if the charity has any debtors or prepayments._
|**19.1 Analysis of debtors**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**Last year**
**£**
**£**
0
100
13,148
12,094|
|---|---|
||13,148
12,194|
**Total**
_Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date._
## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)**
**Trade debtors Prepayments and accrued income Other debtors**
|**Total**|**This year**
**Last year**
**£**
**£**
0
0
0
0
0
0
0
0|
|---|---|
||0
0|
Page 25
**Section C Notes to the accounts (cont)**
## **Note 20 Creditors and accruals**
_Please complete this note if the charity has any creditors or accruals._
## **20.1 Analysis of creditors**
**----- Start of picture text -----**
Amounts falling due Amounts falling due after
within one year more than one year
This year Last year This year Last year
£ £ £ £
Accruals for grants payable 1,308 1,527 - -
Bank loans and overdrafts - - - -
Trade creditors 388 631 - -
Payments received on account for contracts or
performance-related grants - - - -
Accruals and deferred income - - - -
Taxation and social security - - - -
Other creditors - - - -
Total 1,696 2,158 - -
20.2 Deferred income
Please complete this note if the charity has deferred income.
Please explain the reasons why income is deferred.
Movement in deferred income account This year Last year
£ £
Balance at the start of the reporting period - -
Amounts added in current period - -
Amounts released to income from previous periods - -
- -
Balance at the end of the reporting period
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**Section C Notes to the accounts (cont)**
## **Note 22 Other disclosures for debtors, creditors and other basic financial instruments**
**22.1 Please provide information about the significance of financial instruments (e.g. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.**
No loans, no large creditors or debtors that may have a material impact if not paid.
N/A
**22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conditions related to its pledge should be given here.**
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## **Section C Notes to the accounts (cont)**
## **Note 23 Contingent liabilities and contingent assets**
## **23.1 Contingent liabilities**
**Where the charity has contingent liabilities, please complete the following section unless the possibility of their existence is remote.**
**Description of item including its legal nature. Please Estimate of financial effect describe any security provided in connection to the liability.** The charity enterred into a partnership with Wallingford £35,000 at balance sheet date. Due to reduce by 1/10th Emergency Foodbank (WEF), UK charity 1169402. This each year for the next 10 years until exhausted. was to convert the existing bookshop area in the charity's freehold building into a Community Hub, consisting of a kitchen and café area. WEF agreed to contribute £35,000 to the cost (just under half the expected total) in exchange for shared use of the kitchen area for client training and home skills development. If the charity fails to provide access to the kitchen a reducing balance of the grant paid would be refundable to WEF depending on time elapsed up to 10 years maximum. The trustees consider this an extremely unlikely scenario, however the possibility of this liability is disclosed here.
## **23.2 Contingent assets**
**Where the charity has contingent assets, please complete the following section when their existence is probable**
**Description of item Estimate of financial effect 23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable: Explain any uncertainties relating to the amount or timing of settlement; and the possibility of any reimbursement Where it is not practical to make one or more of these disclosures, please state this fact**
CC17a (Excel)
25/01/2022
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**Section C Notes to the accounts (cont)**
**Note 24 Cash at bank and in hand**
|**Other**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**|**This year**
**Last year**
**£**
**£**
- -
- -
76,423 53,519
- -
76,423 53,519|
|---|---|
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**Section C Notes to the accounts (cont)**
## **Note 25 Fair value of assets and liabilities**
25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.
No significant risk. Largest debtor is HMRC for Gift Aid waiting to be claimed.
25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.
No changes to record
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**Section C Notes to the accounts (cont)**
## **Note 26 Events after the end of the reporting period**
_Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period._
## **Please provide details of the nature of the event**
**Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made**
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**Section C Notes to the accounts (cont)**
**Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet._
_* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds_
**----- Start of picture text -----**
Type Fund Fund
PE, balances Gains balances
EE R Purpose and Restrictions brought Expenditur and carried
or UR forward Income e Transfers losses forward
*
Fund names £ £ £ £ £ £
Beacon Youth support R Wallingford Town Council support for 0 15,789 -19,331 3,542 0 0
Detached youth work in the town 0 0 0 0 0 0
0 0 0 0 0 0
Church Member Donations R To be kept for the possible future purchase 2,000 0 0 0 0 2,000
of a building for our congregation in Didcot 0 0 0 0 0 0
0 0 0 0 0 0
Church Member Donations R Costs of new Community Hub 0 32,976 -26,328 0 0 6,648
0 0 0 0 0 0
Wallingford Emergency R Shared costs of new Community Hub 0 35,000 -35,000 0 0 0
Foodbank 0 0 0 0 0 0
0 0 0 0 0 0
Wallingford Emergency R Floor ing upgrades to allow hosting of 0 2,861 -2,861 0 0 0
Foodbank foodbank in the charity's building 0 0 0 0 0 0
Total Funds 2,000 86,626 -83,520 3,542 0 8,648
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**Section C Notes to the accounts (cont)**
**Note 27 Charity funds**
**27.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
Type
balances Gains balances
PE, EE
R or UR Purpose and Restrictions brought Expendit and carried
* forward Income ure Transfers losses forward
Fund names £ £ £ £ £ £
Beacon Youth support R Wallingford Town Council support for 0 18,288 -17,456 -832 0 0
Detached youth work in the town 0 0 0 0 0 0
0 0 0 0 0 0
Church Member Donations R To be kept for the possible future purchase 2,000 0 0 0 0 2,000
of a building for our congregation in Didcot 0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
Other funds N/a N/a 0 0 0 0 0 0
Total Funds 2,000 18,288 -17,456 -832 0 2,000
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Page 33
**Section C Notes to the accounts (cont)**
**Note 27 Charity funds (cont)**
## **27.3 Transfers between funds**
**----- Start of picture text -----**
Reason for transfer and where endowment is converted to income, Amount
legal power for its conversion
Between unrestricted and Transferred deficit on grant for youth work to general funds. PY £832 3542
restricted funds surplus was transferred to the general fund
Between endowment and
restricted funds
Between endowment and
unrestricted funds
**----- End of picture text -----**
## **27.4 Designated funds**
**Planned use Purpose of the designation Amount**
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**Section C Notes to the accounts (cont)**
## **Note 29 Additional Disclosures**
The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.
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