Ridgeway Community Church Report and Accounts Year ended 31st August 2022
## **Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Report and Accounts For the year ended 31st August 2022**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS**
## **Trustees**
Mr W Bassett (appointed 06/09/2021)
Mr Q K Harpham MR G Lloyd-Jones Mr D J Locke, Chair Mr L Owusu Mr D Perrins, Treasurer Mr M B Shreeve
## **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.
Page 1
## **Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Trustees Report For the year ended 31st August 2022**
## **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 2022. 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).
## **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 8 people at the balance sheet date (prior year 6), two full-time, the rest part-time. Two Trustees are also employees, these are the pastors responsible for each congregation (Wallingford and Didcot). Employed trustees work as full-time pastors and are paid for that service. This is permitted under the CIO governing document. The salaries paid to the two pastors are only for their pastoral duties and do not include any payments in respect of their being trustees of the Ridgeway Community Church. Two part-time employees are the wives of trustees. It is confirmed that no employee received a salary in excess of £60,000 for the year.
Part-way through the year we transferred our Didcot Youth Worker to a new charity set up in partnership with other churches in the area to co-ordinate youth work in Didcot (Charity number: 1194345). The Youth Worker was seconded back to the church for part of his time and also carried out other duties for the new charity. Invoiced costs for the work done for Ridgeway Community Church were reported as 'professional services' as he was no longer an employee.
The church established a remuneration committee, made up of two trustees and two ordinary members, including an HR professional. This committee meets annually to set church employee remuneration and to discuss and approve any interim pay changes or the pay levels for new roles.
The charity relies heavily on volunteers who do much of the work in supporting both the church and our work with the community. The trustees gratefully acknowledge this, without our volunteers the charity would not be able to function.
Page 2
## **Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Trustees Report For the year ended 31st August 2022**
## **TRUSTEES' REPORT (continued)**
## **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.
## **b. ACTIVITIES FOR ACHIEVING OBJECTIVES**
## **(including consideration of public benefit)**
The charity functions as a church, holding services each Sunday (open to all) and serving the local community via the Fountain Community Hub, Beacon Youth Project, the Community Fridge 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.
In person services were restarted at the end of July 2021 per government guidelines. Since then we have seen attentance gradually grow as people felt more confident meeting in groups and we are now back at or above attendance levels seen before the pandemic. Several new families joined during the pandemic and it has been good to meet with them in person now and welcome them properly to the area.
The Fountain Bookshop was closed in the prior year due to lockdown restrictions, during this time it was repurposed into the Fountain Community Hub, providing a commercial grade kitchen and attached coffee shop / meeting area. In its first full year of operation this has been a very successful venture. Many local groups now use the facility as well as individuals who drop in when in need of company. Food and drink is provided without charge, but guests are invited to make a donation if they wish to.
The Community Hub has been able to enhance the church's youth work in the town. School students who struggle with academic school life are supported to work in the coffee shop and learn work skills. This has been a lifeline for these students and has resulted in real employment opportunities with other employers. The Community Hub has inspired both local businesses and other charities to offer financial support for this work. Despite this and the donations of users, the church injected money to cover a deficit of about £9k on the first year of operation. We see this as a worthwhile use of charity funds.
Use of the church building by local charities and organisations having been closed down during lockdown has been slowly recovering. Not yet back at pre-Covid levels, it is nonetheless good to see increasing use of the space by community groups, other charities and local businesses.
The war in Ukraine has been a major feature of 2022. A number of families in the church are hosing Ukrainian refugees. The church gathered a collection of £5.7k which was sent for war relief via Operation Mobilisation. The charity has also orgamised meetings of individuals in other churches who are supporting Ukrainian refugees in the area enabling social connections and a joined up approach.
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 charity also supports CAP (Christians Against Poverty debt counselling service), both financially and with volunteer staff. A full list of external giving is provided within the accounts.
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## **Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Trustees Report**
## **For the year ended 31st August 2022**
**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 increased as the church has continued to grow. The figures seem to show a decline since 2020/21 but this is because of a special collection and grant income to fund the conversion of the Community Hub last year. This equates to around £68k of the prior year income. We have also seen recovery in income streams that were impacted by the pandemic (building rentals, Community Hub income). Overall income is healthy and on a growing trend.
Spending levels fell during periods of lockdown but have now bounced back as the charity moves back into normal operations. The hiring of venues for the congregation in Didcot is a significant cost as are our staff costs. With our new Didcot pastor in place the congregation in that town is growing very fast. There is considerable need in the communities we serve due to the fallout from lockdowns and the mental health toll that has inflicted. We see the need to employ further resources especially in youth work and probably also in admin to free up those with pastoral responsibility. So we expect costs to continue to grow as we seek to deal with the past impacts of Covid and look to the worries that the cost of living crisis is now bringing on top of that.
The charity heads into these uncertain waters in good financial health. The bank balance at £85k is above the level we are required to keep per our reserves policy and we are looking at where the need is greatest to invest this.
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## **Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Trustees Report**
## **For the year ended 31st August 2022**
## **TRUSTEES' REPORT (continued)**
## **b. GOING CONCERN**
The charity was able to work through the major shock of the pandemic, including the closure of many of our acitivities. Looking back on it after the event, it shows the robustness of the charity finances and income streams. 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 £64k. At year end the total bank balance is £85k. The charity plans to use this excess of reserves to invest in community support as outlined above
## **FUTURE DEVELOPMENTS**
The charity is in discussions with a local business to partner with them in the teaching of English to Ukrainian refugess in South Oxfordshire. We expect to be able to communicate more fully on this opportunity in next year's report.
As explained in the financial review, we see considerable need in the local community due to post-Covid mental health issues and the current cost of living crisis. We are actively looking at how best to meet these needs with the current expectation that we will need to expand our staff team.
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
Page 5
**Charity number: 1169035 RIDGEWAY COMMUNITY CHURCH Independent Examiners Report For the year ended 31st August 2022**
Page 6
**----- Start of picture text -----**
Charity No
Charity Name: Ridgeway Community Church 1169035
(if any)
Annual accounts for the period
Period end
Period start date 01/09/2021 To date 31/08/2022
**----- End of picture text -----**
## **Section A Statement of financial activities**
|**Recommended categories by**
**activity**
Guidance Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
**Extraordinary items**
S16
S17
S18
Other gains/(losses)
S19
S20
**_Reconciliation of funds:_**
S21
S22
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
225,696
4,738
-
230,434
251,659
20,094
19,647
-
39,741
28,816
-
-
-
-
-
-
-
-
-
-
9,665
-
-
-
-|
|---|---|
||245,790
24,385
-
270,175
290,140|
||-
-
-
-
-
212,089
19,647
-
231,736
187,688
26,969
-
26,969
25,942
-
-
-
-
-|
||239,058
19,647
-
258,705
213,630|
|||
||6,732
4,738
-
11,470
76,510|
||-
-
-
-
-|
||6,732
4,738
-
11,470
76,510|
||-
-
-
-
-
7,386
7,386
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
||14,118
2,648
-
-
11,470
76,510|
||1,539,897
8,648
-
1,548,545
1,472,035|
||1,554,015
6,000
-
1,560,015
1,548,545|
S17 Note: £7386 transfers between funds is capital spending from restricted funds, see N27.1 for more detail
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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
-
1,467,137
-
-|
**Restricted**
**income**
**funds**
**£**
F02
-
-
-|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04
-
-
-
1,467,137
-
-
- -|**Total last year**
**£**
F05|
|---|---|---|---|---|---|
||||||-
1,460,670
-
-|
|||1,467,137|-|-
1,467,137|1,460,670|
|||-
15,970
78,627|-
6,000|-
-
- 15,970
-
-
-
84,627||
||||||-
13,148
-
76,424|
|||94,597|6,000|-
100,597|89,572|
||||||1,696|
|||7,719|-|- 7,719||
|||||||
|||86,878|6,000|-
92,878|87,876|
|||||||
|||1,554,015|6,000|**-**
1,560,015|1,548,546|
||||||-
-|
|||-
-|-
-|- -
-
-||
|||||||
|||1,554,015|6,000|-
1,560,015|1,548,546|
|||-
1,554,015|6,000|-
6,000
- 1,554,015
-||
||||||-
8,648
1,539,898
-|
|||1,554,015|6,000|-
1,560,015|1,548,546|
|||Signature*
_David Locke_
_Darrell Perrins_||David Locke (Chairman)
Darrell Perrins (Treasurer)
Print Name|Date of
approval
dd/mm/yyyy
03/04/2023
04/04/2023|
* 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.
Page 8
## **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;|_None_
_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_
|
|---|---|
## **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._**|||
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## **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*
Error not considered material, but stated below for complete transparency
No*
Please disclose:
Restricted funds balance as at 31/08/2021 stated correctly on
(i) the nature of the prior period error;
N27.1, but incorrectly on balance sheet.
(ii) for each prior period presented in the accounts, the
For year ended 30th August 2021.
amount of the correction for each account line item
£2,861 reduction in restricted funds balance on balance sheet
affected; and
£2,861 increase in unrestricted funds balance on balance sheet
N27.1 and N27.2 correct.
Prior year balances on SOFA have been updated to reflect this
correction.
(iii) the amount of the correction at the beginning of the
earliest prior period presented in the accounts. Beginning balances unaffected, balance sheet only shows
closing balances. Beginning balances correctly stated on N27.1
and N27.2
**----- 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|
|---|---|---|---|
|||||
|||||
||Yes|No||
|||||
||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|
|||||
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||Yes|No|N/a
|
||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|
|||||
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._
|**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.
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.
**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.|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**
**Debtors**
**Current asset**
**investments**
**Stocks and work in**
**progress**
**Investments**
**Tangible fixed assets for**
**use by charity**|£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
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.
Spend on building improvements has been capitalised and depreciation has started this year. Spend relates to
a new kitchen and community cafe. This will be depreciated over 10 years, straight-line basis.
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.
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.
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 2.4 bottom of this page.|
|---|---|
Page 14
**Section C Notes to the accounts (cont)**
**Note 3 Analysis of income**
**----- Start of picture text -----**
Unrestricted Restricted Endowment
Analysis funds income funds funds Total funds Prior year
Donations and Donations and gifts 169,065 4,000 - 173,065 173,958
legacies: Gift Aid 37,233 738 - 37,971 39,840
Legacies - - -
General grants provided by government/other
charities 19,398 - 19,398 37,861
Membership subscriptions and sponsorships which
are in substance donations - - -
Donated goods, facilities and services - - - - -
Other - - - - -
Total 225,696 4,738 - 230,434 251,659
Charitable Fountain Bookshop and Drop-in Centre
activities: 8,850 - 8,850 8,860
Beacon Youth Project (Grant received) 19,647 - 19,647 15,789
Church building use by local groups 11,240 - 11,240 3,792
Other 4 - 4 375
Total 20,094 19,647 - 39,741 28,816
Other trading
activities: - - - - -
Other - - - - -
Total - - - - -
Income from - - - - -
investments: Other - - - - -
Total - - - - -
Separate HMRC Furlough job retention scheme - - - 9,665
material item of - - - - -
income: - - - - -
Total - - - - 9,665
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 245,790 24,385 - 270,175 290,140
Other information:
Donations (inc associated gift aid) for a project to convert the
All income in the prior year was unrestricted except for: (please bookshop area of the charity building into a community hub.
provide description and amounts) Grant from Wallingford Town Council for on-going youth project
Member donations specifically for a Didcot congregation building
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: (please
N/A
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**|**Furlough Job Retention Scheme**
**Total**
**Description**|**This year**
**Last year**
**£**
**£**
503 9,665
- -
- -
- -|
|---|---|---|
|||503 9,665|
_**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.**_
The charity received two grants from Wallingford Town Council, funding for Beacon Youth Project. Disclosed under 'charitable activities'.
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 26,739 - 26,739 29,052
charitable Beacon Youth Project
activities 1,271 19,647 - 20,918 19,331
Church building use by local groups
25,400 - 25,400 19,414
- - -
Church activities 158,679 - 158,679 119,891
Total expenditure on charitable activities
212,089 19,647
- 231,736 187,688
Separate Grants made 26,969 - - 26,969 25,942
material item of
expense - - - - -
Total 26,969 - - 26,969 25,942
Other
- - - - -
- - - - -
Total other expenditure - - - - -
TOTAL EXPENDITURE 239,058 19,647 - 258,705 213,630
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 - 4,634 1,988 1,769 8,391 'Church Activities'
in full
- - - - -
- - - - -
- - - - -
Other - - - - -
Total - 4,634 1,988 1,769 8,391
**----- 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 £8.4k (£8.0k in 2020/21). This accounts for 3% of total expenditure (3% in 2020/21). 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**|**This year**|**Last year**|
|---|---|---|---|---|---|
||||**£**||**£**|
|**Salaries and wages**||||93,244|87,635|
|**Social security costs**||||28,456|19,911|
|**Pension costs (defined contribution scheme)**||||11,924|9,843|
|**Other employee benefits**||||16,800|23,434|
||**Total staff costs**|||150,424|140,823|
|||||||
|**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**|£125,400||||||||
|**senior management) for their services to the charity**|This relates to the four staff who|||are responsible for managing others|||||
||||||||||
|**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||||7.2||8.2||
||Governance||||-|
||-|
||Other||||-|
||-|
|||**Total**|||7.2||8.2||
**11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_
**Please explain the nature of the payment**
None
**Please state the legal authority or reason for making the payment Please state the amount of the payment (or value of any waiver of a right to an asset)**
**11.4 Redundancy payments Total amount of payment The nature of the payment (cash, asset etc.)**
## _**Please complete if any redundancy or termination payment is made in the period.**_
None
**The extent of redundancy funding at the balance sheet date Please state the accounting policy for any redundancy or termination payments**
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**
11,924
**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 (£1411) is allocated against restricted funds grant income for youth work. This represents a proportion of the pension costs for the associated youth workers and manager.
## _**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.**
**Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity**
No defined benefit plan 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 & Didcot CAP 7,000 7,000
OM Ukraine Appeal 5,727 5,727
Jews for Jesus 4,500 4,500
The Message Trust 4,000 4,000
Indian Pastor Support 3,410 3,410
Open Doors 1,969 1,969
Others 125 237 362
0
Total 26,731 237 0 26,968
**----- 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 & Didcot CAP
cap.org.uk
Operation Mobilisation (Ukraine Appeal)
uk.om.org
Jews for Jesus
jewsforjesus.org
The Message Trust
message.org.za
Open Doors
opendoorsuk.org
**_TOTAL GRANTS PAID_**
**_Other unanalysed grants_**
**_Total grants to institutions in reporting period_**
Works in over 60 countries, training church
leaders, practical support and emergency
relief. Supporting Christians who are
persecuted.
Provides free debt counselling in the UK
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**
Community partnerships in South African
Townships
OM is a global relief charity. We gave
specifically to their appeal to help people in
Ukraine impacted by war.|**_Please provide_**
**_details of charity's_**
**_URL._**
**_Provide details_**
**_below_**
**Total amount of**
**grants paid £**
7,000
5,727
4,500
4,000
1,969
-
-|
|---|---|
||**23,196**|
||4,362
27,558|
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 - - 61,328 1,460,670
- - - 14,000 14,000
- - - -
- - - - -
- - - - -|
|---|---|
||1,399,342 - - 75,328 1,474,670|
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")
SL or RB
SL or RB
**Rate**
Beginning of year
- -
Disposals
- -
Depreciation
- -
Impairment
- -
Transfers*
- -
At end of the year
- -
NBV Beginning
1,399,342 -
NBV End
1,399,342 -
**14.4 Impairment**
**14.5 Revaluation**
The name of independent valuer, if applicable
The carrying amount that would have been
recognised had the assets been carried under the
cost model.
_(i) Please state the amount of borrowing costs, if_
_any, capitalised in the construction of tangible fixed_
_assets and the capitalisation rate used._
The methods applied and significant assumptions
**_Please provide a description of the events and_**
**_circumstances that led to the recognition or_**
**_reversal of an impairment loss._**
If an accounting policy of revaluation is adopted, pleas
The effective date of the revaluation
**14.3 Net book value**
**14.6 Other disclosures**
_(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._|SL or RB
SL or RB
- -
- -
- -
- -
- -|SL or RB
SL or RB
SL or RB
SL
- - -
- - -
- 7,533 7,533
- - -
- - -|
|---|---|---|
||- -|- 7,533 7,533|
||||
||1,399,342 -
1,399,342 -|- 61,328 1,460,670
- 67,795 1,467,137|
|||None
0
Freehold building : 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
e provide:|
Page 23
**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
0
15,970
13,148|
|---|---|
||15,970
13,148|
**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 24
**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 1,667 1,308 - -
Bank loans and overdrafts - - -
Trade creditors 6,052 388 - -
Payments received on account for contracts or
performance-related grants - - - -
Accruals and deferred income - - - -
Taxation and social security - - - -
Other creditors - - - -
Total 7,719 1,696 - -
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
**----- End of picture text -----**
Page 25
**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.**
Page 26
## **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 £31,500 Emergency Foodbank (WEF), UK charity 1169402. This Being 9/10 of the initial potential liability of £35,000. This was to convert the existing bookshop area in the charity's will continue to reduce by 1/10 of £35,000 each year freehold building into a Community Hub, consisting of a until exhausted. 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)
12/04/2023
27
**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**
**£**
**£**
- -
- -
84,627 76,424
- -
84,627 76,424|
|---|---|
Page 28
**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
Page 29
**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**
**----- Start of picture text -----**
None
**----- End of picture text -----**
Page 30
**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 19,647 -20,918 1,271 0
Detached youth work in the town 0
0
Church Member Donations R To be kept for the possible future purchase 2,000 4,000 0 6,000
of a building for our congregation in Didcot 0
0
Church Member Donations R Costs of new Community Hub 6,648 738 -7,386 0
0
0
0
0
0
0
Total Funds 8,648 24,385 -20,918 -6,115 0 6,000
**----- End of picture text -----**
Note: the Transfer of £7386 above is capital spending of £8,000. Of this £7386 came from restricted funds and £614 from general funds.
As this is Capital Expenditure it does not show up in the SOFA under normal spending, so is shown as a transfer, which puts the resulting asset back under general funds.
Page 31
**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**_
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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 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
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 (cont)**
## **27.3 Transfers between funds**
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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 £1271. 1885
restricted funds Transferred deficit on collected funding for Community Hub conversion
to general funds £614.
Between endowment and
restricted funds
Between endowment and
unrestricted funds
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## **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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