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2021-03-31-accounts

Report of CCE activities – year ending 31 March 2021

The year was dominated by the Covid-19 pandemic, which meant that the bulk of our church activities were held online (via Zoom) rather than in person at the Axis Centre. Our regular hirers of the Centre were also unable to meet through the year.

While this involved a significant change, our Sunday services and midweek meetings and prayer meetings were able to continue uninterrupted, with the unforeseen benefit of some people who would not have been able to attend in person being able to take part. We were also able to welcome many ‘visiting’ speakers via Zoom for whom it would not have been practical to travel in person to Exmouth.

During the year Tim and Martina Pegler, who had been leading the church, moved to Italy to support a new local church. Leadership of CCE was taken up by Mike and Mary Byrne, who also became trustees.

We continued to support Open Door Exmouth, both through volunteers and financial donations.

We also continued to support Community Larder Exmouth with regular financial donations.

We continued our support of a former Exmouth Teacher and member of CCE now living and serving Themba Community Church in South Africa where she helps with kids’ education and teacher training. She ended up being ‘stranded’ in Exmouth for most of 2021, having been in UK for a visit at the end of 2020 and being unable to return to South Africa due to Covid. During this time she was a great help and support to our activities in Exmouth.

From September 2020 we regularly let part of the Axis Centre to the County Council for child contact sessions, as the Council did not have suitable premises where they could comply with Covid restrictions.

Also in September 2020 we began a long-term letting arrangement of the upstairs of the Axis Centre with a local organisation supporting children who are unable to attend school.

COMMUNITY CHURCH EXMOUTH

FINANCIAL STATEMENTS

FOR THE

YEAR ENDED 31 MARCH 2021

CHARITY NO: 1169245

COMMUNITY CHURCH EXMOUTH

Financial Statements

Year Ended 31 March 2021

CONTENTS PAGE
Officers and Professional Advisors 2
Statement of Financial Activities 3
Balance Sheet 4
Notes to the Financial Statements 5
Report of the Independent Examiner 10

COMMUNITY CHURCH EXMOUTH

Officers and Professional Advisors

The Trustees Phillip Rogers
Mark Gayler
Michael Byrne
Mary Byrne
Administrator Mark Gayler
Address The Axis Centre
7/9 Market Street
Exmouth
Devon
EX8 1HP
Bankers Santander
Bridle Road
Bootle
Merseyside
G1R 0AA
Independent Examiner Martin Woolcott

2

COMMUNITY CHURCH EXMOUTH

Statement of Financial Activities

For the year ended 31 March 2021

Note
Incoming Resources
Donations and offerings
Fund Raising Events
Gift Aid Tax recovered
Use of premises
Donated goods, facilities and services
Miscellaneous
Total incoming resources
Resources Expended
Church expenses
2
Outreach expenses
2
Donations
3
Total resources expended
Net incoming resources
Total funds brought forward
Unrestricted
Funds
£
15,026
956
3,321
2,500
0
0
21,803
5,835
12,322
4,700
22,857
(1,054)
478,758
477,704
Restricted
Income Funds
£
3,188
638
3,826
0
3,810
0
3,810
16
16
Total
2021
£
18,214
956
3,959
2,500
0
0
25,629
5,835
16,132
4,700
26,667
(1,038)
478,758
477,720
Total
2020
£
24,146
757
5,418
1,503
0
201
32,025
16,098
26,669
3,948
46,715
(14,690)
493,448
478,758

3

COMMUNITY CHURCH EXMOUTH

Balance Sheet

As At 31 March 2021

Note
Fixed Assets
Tangible Assets
5
Total fixed assets
Current Assets
Unrestricted
Funds
£
456,241
456,241
Restricted
Funds
£
0
0
Total
2021
£
456,241
456,241
Total
2020
£
456,706
456,706
Debtors 2,015 2,015 1,062
Short term deposits
Cash at bank and in hand
Total current assets
Creditors - amounts due within one year
Net current assets
Net assets
Income Funds
Restricted Funds
7
Unrestricted Funds
0
19,448
21,463
0
21,463
477,704
477,704
477,704
16
16
16
16
16
16
0
19,464
21,479
0
21,479
477,720
16
477,704
477,720
0
21,165
22,227
(175)
22,052
478,758
0
478,758
478,758

The notes on Pages 5 to 9 form part of these accounts.

Approved by the trustees on 21 September 2021 and signed on their behalf by:

Mark Gayler

Philip Rogers

4

COMMUNITY CHURCH EXMOUTH

Notes to the Accounts

For the year ended 31 March 2021

1. Accounting Policies

(a) Basis of accounting

These accounts comply with the Charities Act 2011 and with Accounting and Reporting By Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard (FRS 102) except for the depreciation policy shown below.

(b) Change in basis

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.

(c) Changes to previous accounts

No changes have been made to accounts for previous years.

(d) Incoming Resources

Income is recognised when received by the Charity. Income Tax recoverable is calculated on gift aid income actually received.

Volunteer help: - the value of any voluntary help received is not included in the Accounts.

(e) Expenditure and Liabilities

Liability recognition: - Generally liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure.

(f) Assets

Tangible fixed assets: - These are capitalised if they can be used for more than one year, and cost at least £250. Freehold land and buildings are valued at their insurance value, and may be revalued periodically. Equipment will be valued at cost or a reasonable value on receipt. The charity does not have a policy of revaluation for equipment.

Depreciation: - Freehold Land & Buildings are stated at insurance value without depreciation as the charity would not fund any replacement out of retained reserves. Equipment and Vehicles are depreciated at 25% per year on the decreasing value

5

COMMUNITY CHURCH EXMOUTH

Notes to the Accounts

For the year ended 31 March 2021

2. Expenditure

Fees for examining the accounts: None

Analysis of resources expended

Church Expenses
Subscriptions
Books and conferences
Visiting speakers
General expenses
Maintenance of equipment
Maintenance of building
Cleaning
Light, heat and water
Legal Expenses
Telephone
Insurance and licences
Depreciation
Outreach Expenses
Staff costs
South Africa Mission
Depreciation
General expenses
3.
Donations
Donations to institutions
Donations to individuals
General Funds
2021
£
517
87
550
439
0
255
1,301
773
0
280
1,168
465
5,835
12,193
0
0
129
12,322
Restricted
Funds
2021
£
0
1,260
2,550
3,810
2020
£
548
2,414
1,530
451
20
5,047
2,520
1,500
0
310
1,138
620
16,098
24,746
1,923
0
0
26,669
4,700
0
4,700
0 3,948
0
3,948

6

COMMUNITY CHURCH EXMOUTH

Notes to the Accounts

For the year ended 31 March 2021

4. Trustees and other related parties

None of the trustees received any expenses nor were there any related party transactions with them.

5. Tangible Fixed Assets

Cost
at 1 April 2020
Disposals
Additions
at 31 March 2021
Depreciation
at 1 April 2020
On disposals
Charge for year
at 31 March 2021
Net Book Value
at 31 March 2021
at 31 March 2020
Freehold Land
and Buildings
£
454,844
454,844
0
454,844
454,844
Equipment
£
3,668
0
0
3,668
1,807
0
465
2,272
1,396
1,861
Total
£
458,512
0
0
458,513
1,807
0
465
2,272
456,241
456,706

6. Restricted Income Funds

Name Purpose

Pastor Salary Fund For the future payment of salary to a pastor of the church. South Africa Fund To support Themba Community Church in South Africa.

7

COMMUNITY CHURCH EXMOUTH

Notes to the Accounts

For the year ended 31 March 2021

7. Movement of Restricted Income Funds

Incoming Resources
Expenditure
Opening Balance
Total incoming resources
Pastor Salary
Fund
£
1,260
1,260
0
0
South Africa
Fund
£
2,566
2,550
0
16

8. Analysis of Net Assets by Funds

Restricted Funds
Pastor Salary Fund
South Africa Fund
General Fund
Total incoming resources
Tangible
Fixed Assets
£
0
0
0
456,241
456,241
Net Current
Assets
£
0
16
16
21,463
21,479
Total
£
0
16
16
477,704
477,720

8

COMMUNITY CHURCH EXMOUTH

Notes to the Accounts

For the year ended 31 March 2021

9. Declarations

(a) Adequacy of assets to meet fund restrictions

Sufficient resources are held in an appropriate form to enable each fund to be applied in accordance with the restrictions imposed.

(b) Change in year end

The trustees have not changed the year end date nor the length of the charity's financial year.

(c) Designated funds

The charity does not have any designated funds.

(d) Discontinued, continuing and acquired operations

All the charity's operations are continuing operations and there were no operations discontinued or acquired during the year.

(e) Funds in deficit

No funds are in deficit at the balance sheet date.

(f) Inalienable or historic assets

The charity has no assets at the balance sheet date classed as inalienable or historic.

(g) Intangible assets

The charity has no intangible assets

(h) Inter-fund loans

There were no inter-fund loans outstanding at the balance sheet date.

(i) Revaluations

None of the charity's functional fixed assets have been revalued during the year and the charity does not have a policy of revaluation of these assets.

(j) Subsidiaries

The charity has no subsidiary companies.

(k) Uncapitalised fixed assets

The charity has no material fixed assets which have not been capitalised and included on the balance sheet.

9

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF COMMUNITY CHURCH EXMOUTH

I report on the accounts of the Charity for the year ended 31 March 2020 which are set out on pages 1 to 9

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention from the papers provided:

have not been met; or

3rd December 2021

Martin Woolcott ACIB AAT 33 Kittersley Drive Liverton Newton Abbot TQ12 6YX

10

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF COMMUNITY CHURCH EXMOUTH

I report on the accounts of the Charity for the year ended 31 March 2020 which are set out on pages 1 to 9

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention from the papers provided:

have not been met; or

3rd December 2021

Martin Woolcott ACIB AAT 33 Kittersley Drive Liverton Newton Abbot TQ12 6YX

10