## **HOPE COMMUNITY CHURCH PONTYPRIDD** 

**______________________________________** 

## **REPORT AND ACCOUNTS** 

**FOR THE YEAR ENDING 31[ST] DECEMBER 2021** 

**_____________________________________________** 

**C Management Services 69 Velindre Road Whitchurch Cardiff CF14 2TF** 



## **HOPE COMMUNITY CHURCH PONTYPRIDD** 

## **FOR THE PERIOD ENDED 31[ST] DECEMBER 2021** 

## **CHARITY INFORMATION** 

**Trustees:** Ryan Denne (Chair) Andrew Davies Mayuri Hargest Jon Ryan Andrew Thomas **Pastor:** Andrew Davies **Treasurer:** Ryan Denne **Charitable position:** Registered Charity number 1170304 **Governing Document:** CIO Foundation Model dated 22[nd] November 2016 **Address for correspondence:** Hope Community Church 126 Morien Crescent Rhydyfelin CF37 5PT **Independent Examiner:** Paul Burnell ACMI C Management Services 69 Velindre Road CARDIFF CF14 2TF **Bankers:** HSBC 92a Taff St Pontypridd CF37 4SR 

|**CONTENTS**||
|---|---|
||Page|
|Charity Information|2|
|Trustees Report|3-8|
|Independent Examiners Report|9|
|Statement of Financial Activities|10|
|Statement of Assets and Liabilities|11|
|Notes to the Accounts|12-13|
|Appendix A – Financial Review for Charity|14-15|



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**HOPE COMMUNITY CHURCH PONTYPRIDD** 

## **REPORT OF THE TRUSTEES** 

## **FOR THE PERIOD ENDED 31[ST] DECEMBER 2021** 

The Trustees have pleasure in submitting the Report and Accounts for the period ended 31[st] December 2021. The report follows the same structure as previous years, although there were still some ongoing differences in activities and meetings compared to previous years due to the ongoing Covid-19 Pandemic. 

## **Structure, Governance and Management** 

New Trustees are appointed by existing trustees from membership of church/charity. They are provided with a copy of the organisation’s Constitution, finance reports and any other information deemed necessary to assist them in the role. Meetings occur approximately quarterly depending on agendas. Trustees discuss safeguarding, finance, and decisions about the direction of the charity deemed necessary beyond the Church Leadership Team. The Church Leadership Team meet formally once per month and informally frequently- day-to-day management, pastoral care, and planning to follow the vision of the church/charity occurs in these meetings. All spending of interest or above £500 is run by the Trustees for approval. This year meetings were held in person, when safe and legal to do so, and virtually when restrictions where the former was not possible. As a result of reduced face-to-face communication use of technology, such as WhatsApp and e-mail increased over the year.. E-mails were used as evidence of decisions made by Trustees and to distribute meeting minutes. 

At the beginning of the year, two buildings were being rented and the primary business address remains 126 Morien Crescent (church office). The weekly meeting location was Rhydyfelin Community Centre. Previous youthwork and community work was still paused due to the pandemic. However, as referred to later, the opportunity arose to purchase a building in the community in late 2020 and fundraising happened throughout 2021. See later section on Rhydyfelin Sports Bar. 

The salaries and outgoings of the church are re-evaluated every 6 months. No salary changes occurred in the year, and where activities could not carry on as normal, roles were redistributed and refocused among volunteers and employees. 

The Charity is connected with a number of organisations: Catalyst Network of churches, New Wine Cymru (other churches around South Wales), and the Evangelical Alliance. These organisations continue to provide guidance and support for the church as well as bringing wider recognition. 

## **Objectives** 

The charity’s objects remain: 

- (a) To advance the Christian faith in Wales and in such other parts of the United Kingdom and the world; 

- (b) The prevention or relief of poverty in Wales and in such other parts of the United Kingdom and the world; and 

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- (c) To fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected to the charitable work of the charity. 

## **Achievements and Activities** 

In 2021 the charity held regular public meetings virtually to worship God, preach from the Bible and have fellowship together, in accordance with object (a). We have also collaborated with other churches in and around South Wales building friendships and associations between ourselves, in accordance with object (a) and (c). When restrictions began to lift we held public meetings in person to do the same. 

The charity continued to pause holding termly ‘Bouncy Castle Church’ meetings where the community is invited in, for free, to bring a sense of fun and togetherness to Rhydyfelin. These events were increasingly well attended with over 100 guests at our ‘Bouncy Castle Carol Service’ in December 2019 in accordance with objectives (a) and (b). We look to continue these in the future. 

The charity virtually met together to pray for one another, have fellowship together, and discuss the teaching from the Sunday meeting, and a weekly bible study was held virtually each Friday. These have grown the church in friendship with one another and enabled us to meet one another’s needs and brought accessibility for those unable to join on a Sunday in accordance with objective (b). 

As in 2020, the usual annual church and youth camps we would usually attend were cancelled due to the covid 19 pandemic. 

Our community work per object (b) which seeks to reduce the impact of poverty on youth and families in and around South Wales, had to continue to be flexible and find new ways of working during the year due to the challenges of the ongoing pandemic. In particular, our community worker provided phone calls to people who felt isolated, transportation to those in need, and delivered prescriptions and food shopping for people who were selfisolating/shielding. Young people did not engage well with conferencing technology such as zoom and so social media content such as ‘Tuesday Thoughts’ were put together to engage with community members via digital routes. 

Working in collaboration with RCTCBC and the Pontypridd Mayor, this year’s activities once again concluded by having Santa Claus pulled around Rhydyfelin on a sleigh. This brought festive joy to many households in Rhydyfelin with over 1000 people seen waiting for Santa to pass by their street. 

As many of our normal activities had been suspended it provided time to apply for grants to raise funding for the purchase of Rhydyfelin Sports Bar. More information on this is below. 

## **Performance & Goals** 

The church/charity met (virtually or in-person) together approximately 48 times throughout the year for worship and teaching from the bible on a Sunday afternoon. This reached around 18 households including 7 children. Our goal is that this would continue to increase as we see more people commit to the Christian faith. 

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Our full-time community worker continued to organise and oversee the majority of work represented above, empowering the church to carry out objective (b). 

To date our youth work and community work have reached in excess of 240 different children and 100 different families since starting, all in the locality of Rhydyfelin. These have been reached through the above. Our goal is that we would continue to support these families in a number of ways. 

We were able to continue giving charitable donations to the Catalyst network of churches, give monthly to support New Wine Cymru and the Evangelical Alliance, giving nearly £2,000 to organisations and individuals. 

Overall our objectives have been achieved, if lessened in some ways due to the Covid19 Pandemic. Objective (a) has been met in Sunday meetings, mid-week meetings and in collaboration with other churches through Catalyst, New Wine and the Evangelical Alliance. Objective (b) has been extensively met with the Community work ministry; members supporting one another and their neighbours, and through supporting other ministries along with objective (c). 

## **Purchase of Rhydyfelin Sports Bar** 

One of the most exciting developments so far for the charity has been the prospect of buying a building in Rhydyfelin. During our time running an Alpha course in early 2020 (pre-Covid), we were offered the chance to purchase Rhydyfelin Sports Bar from the owner, and in 2020 started proceedings to acquire the building to save it from demolition. 2021 was spent fundraising from within the church and applying to external organisations for grants. We raised approximately £60,400 from Stewardship, where individuals gave money towards the project. We also raised nearly £7,000 from one-off direct donations. 

In May 2021 we used £12,500 to pay a 5% deposit for the building, in good faith of our intentions. The seller graciously continued to extend the completion date allowing us the time needed to raise all the funds required. 

We looked into 35 different grant applications, of which 19 were applied to. Several in addition to this were no longer able to grant due to the pandemic or administration reasons, some we were not eligible for applying. Of the 19 applied for, seven were successful- six of which in 2021: 

|<br>successful- six of which|<br>in 2021:||
|---|---|---|
|**Name**|**Description**|**Grant**<br>**pledged**|
|James Pantyfedwen<br>Foundation|Supporting Chapels and churches from all parts<br>of Wales.|£8,000|
|The<br>Norwood<br>and<br>Newton Settlement|Awarding grants to Free Churches in England<br>and Wales to helpwith buildingschemes|£15,000|
|Garfeild<br>Weston<br>Foundation|Aim to support organisations that have effective<br>solutions to helpingthose most in need|£20,000|
|Laing Family Trusts|A group of grant-making trusts with a Christian<br>Foundation|£5,000|
|Hobson Charity|Supporting Charities which desire to relieve<br>poverty, suffereing and distress of thos in need,<br>including the provision of facilities in the interests<br>of their social welfare|£10,000|



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|All Churches Trust<br>(Now Benefact Trust)<br>**Awarded in 2021**|Empowering Christian Organisations to make a<br>positive difference in the lives of the people and<br>communities they serve.|£4,500|
|---|---|---|
|Community Facilities<br>Programme**(applied**<br>**for in 2022)**|Welsh Government capital grant scheme used to<br>improve community facilities which are useful to,<br>and well used by, people in the community|£125,000|



Note: Due to the application processes, only All Churches Trust granted their money in 2021, the remaining were pledged and to be received at completion. 

At time of writing (June 2022) all grants received and the building has been purchased! We are freehold owners of the building and now plan to repair and renovate the derelict building for use as a community centre providing training and foodbank, a family friendly café with soft play area, and a church hall and offices for the charity to operate solely out of. 

Business plan available on request, an extract of is provided below: 

## **Extract of Business plan for Purchase of Rhydyfelin Sports Bar- Proposals** 

## **Community Cafe** 

We will transform the current bar area into a family-friendly cafe with a range of board games accessible and a soft play area for younger children. We will employ a manager to run the cafe, and volunteering opportunities will be available to community members to help them back into work. The cafe’s prices will be at a level accessible to the community with a “Pay It Forward” service so those financially struggling can still get a drink. 

## **Community Hire** 

Before COVID, groups in the community, such as line dancing groups, would regularly hire the main hall. We will continue to make the hall available when not in use by the church for community hire. We also aim to restore the skittles alley to make it both functional and safe for use. 

## **Support Groups and Training** 

To help fight poverty in the community, we will be running regular “life skills” sessions covering topics such as budgeting, cooking and online safety. Several people in the community expressed an interest in mental health support groups. As such, we hope to put those in place with the help of trained professionals. 

## **Youth and Childrens Work** 

Our well-established youth club, which sees an average of 25-30 young people every week, will find its new home in the main hall. Previously, younger children have been disappointed they have not met the minimum age requirement of 11 to attend the youth club. Our own space would enable us to run a second club for children in the 6-10 age range, which we anticipate will be incredibly popular. 

Each week at our youth club, we provide games consoles with a variety of games to combat poverty isolation, crafts to encourage imagination, board games and a chill-out area. We also have a short talk section of the evening, discussing topics relevant to the youth. 

Our smaller youth club sessions, such as “God and Grub”, previously limited due to space constraints, will have a larger dedicated space elsewhere in the building. We hope to get the youth involved in decorating the room so they can make it their own. 

We have recently had several new parents in the Church and feel it is an excellent time to start a parent and toddler group for church members and parents in the community. 

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## **Breakfast Club** 

During school holidays, demand for Foodbank parcels always increases as parents lose access to free school meals. To help with this, we plan to operate a free breakfast club during each school holiday. This will be open to all members of the community with no restrictions. We will provide basic breakfasts of cereal, toast or fruit, for a balanced meal. We hope this will alleviate any financial burdens on parents as they struggle to feed their children during this period. 

## **Crafternoons** 

Something we have wanted to do as a church for a while is host afternoons of arts and crafts for adults called “crafternoons”. We hope these sessions will positively impact people's mental health and aid the formation of new friendships in the community. 

## **Support For The Elderly** 

In addition to the Cafe and “Crafternoon” sessions that we think will appeal to the older generations, we will also hold evenings specifically for them. We also hope to start free monthly meals for the elderly as we heard that that was popular in the community previously and stopped due to lack of funding. 

## **Financial Review** 

The charity has received continued giving through stewardship, monthly donations, and support sponsoring our full-time community worker. Most funds are raised through members giving monthly to the charity. Considerable funds are restricted for purchasing Rhydyfelin Sports bar. 

The charity does not have a reserves policy, but it has been decided approximately £2000-£3000 would be the appropriate level of total unprotected funds required to end the activities of the charity not already provided for or paid for within 3 months. This includes ‘redundancy’ type payments to any employees, stopping direct debits and rent payments and informing members they may wish to stop giving temporarily or permanently. 

The reserves/savings account was set up in May 2019 which stores our restricted funds. Through 2021 this has been where monies raised for the building purchase have been transferred and stored. 

Initial Funds (1[st] January 2021): £27,967.45 (inc. £14,300 reserves) Concluding Funds (31st December 2021): £81,096.23 (inc. £74,700 reserves) 

Operational funding is mostly met by monthly or weekly giving by members who attend weekly meetings. Average regular operational giving for 2021 (including all sponsorship, stewardship giving, and monthly giving), was approximately £2665 per month excluding Gift Aid. £465 of this is direct sponsorship of our community worker. We were able to claim £5,666 from Gift Aid on the previous years giving. We received £70,700 for the building purchase. In May we transferred £12,500 from our reserves to pay the deposit of the building purchase this is excluded from 

## Headlines 

(1st January 2021 - 31st December 2021) Total income: £108,374.59 Reserves income: £  60,395.24 Total expenditure: £  55,249.34 Total Net income: £  53,125.25 

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This is a significant income, but all of this (and more) has been put into restricted funds for the sports bar purchase. Our current account has been very stable thanks to muchdecreased costs as activities could not run in the same way, the opening balance has gone from £13,677 to £6,407 as funds received at the end of 2020 were immediately put into the reserves. 

Additionally, the monthly giving of members is still generally increasing as the church congregation grows, more individuals are sponsoring our community worker and we have been able to continue to claim Gift Aid. At the time of writing (June 2022) balances are approximately £24,270 (20,000 restricted for refurbishment) with £15,000 in reserves (£10,000 restricted, £5,000 reserves). 

Our publicly available financial report is attached as Appendix A. Throughout ‘HR’ refers to the community worker’s initials, not Human Resources. 

This report was approved by the Trustees and is signed on their behalf by 

Signature: R Denne 

Name: Ryan Denne 

Date: 27[th] July 2022 

Position: Treasurer & Trustee 

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## **INDEPENDENT EXAMINERS REPORT** 

## **TO THE TRUSTEES OF** 

## **HOPE COMMUNITY CHURCH PONTYPRIDD** 

I report on the accounts of the Trust for the period ended 31[st] December 2021, which are set out on pages 9 to 12. 

## **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: 

- examine the accounts under section 145 of the 2011 Act; 

- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and 

- to state whether particular matters have come to my attention. 

## **Basis of independent examiner's report** 

My examination was carried out in accordance with the general Directions given by the Charity Commission. 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 trustees concerning any 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 material matters have come to my attention which gives me reasonable cause to believe that in any material respect: 

- accounting records were not kept in accordance with section 130 of the Charities Act or 

- the accounts do not accord with the accounting records 

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

## Paul Burnell 

Paul Burnell ACMI 

For and on behalf of: 

C Management Services (trading name of C Mgmnt Services Ltd) 69 Velindre Road Cardiff CF14 2TF 

Date: 27[th] July 2022 

9 



## **HOPE COMMUNITY CHURCH PONTYPRIDD** 

## **RECEIPTS AND PAYMENTS ACCOUNT** 

## **FOR THE YEAR ENDED 31[st] DECEMBER 2021** 

|Note<br>**RECEIPTS**<br>_Receipts from generated funds_<br>2<br>_Receipts from charitable activities_<br>3<br>_Other receipts_<br>4<br>Interest received<br>Total Receipts<br>**PAYMENTS**<br>Charitable activities<br>5<br>Governance costs<br>Total payments<br>**Net Receipts/(Payments)**<br>Transfers between funds<br>Fund balances at 1stJanuary<br>2021<br>Fund balances at 31stDecember<br>2021|Unrestricted<br>Funds<br>£<br>Restricted<br>Funds<br>£<br>Total<br>Funds<br>2021<br>£<br>Total<br>Funds<br>2020<br>£<br>30,444<br>66,213<br>96,657<br>36,096<br>-<br>-<br>-<br>1,633<br>10,085<br>11,718<br>22,892<br>.<br>-<br>5|
|---|---|
||32,077<br>76,298<br>108,375<br>58,993|
||34,081<br>21,165<br>55,246<br>43,775<br> -<br>-<br>-<br>-|
||34,081<br>21,165<br>55,246<br>43,775|
||(2,004)<br>55,133<br>53,129<br>15,218<br>-<br>-<br>24,617<br>3,350<br>27,967<br>12,749|
||22,613<br>58,483<br>81,096<br>27,967|



The notes on pages 10-11 form part of these accounts. 

10 



## **HOPE COMMUNITY CHURCH PONTYPRIDD** 

## **STATEMENT OF ASSETS AND LIABILITIES** 

## **FOR THE YEAR ENDED 31[ST] DECEMBER 2021** 

## **1. Fixed Assets** 

|The value of assets owned are:<br>Equipment<br>**2. Bank & Cash Balances**<br> <br>Cash at bank and in hand<br> <br> <br>**3. Other Assets and Liabilities**<br> <br> <br>_Assets_<br>Gift aid tax recovery not yet received<br>_Liabilities_<br>Unbilled fee for Independent Examination|Insurance<br>Value 2021<br>£<br> 5,130<br>5,130<br>2021<br>2020<br>£                   £<br> 81,096 27,967<br>81,096         27,967<br> 2021            2020<br>£                 £<br>3,966         5,666<br>300            280|
|---|---|



The accounts were approved by the Trustees and signed on their behalf on 27[th] July 2022 

## Signed: 

## Name:   Ryan Denne 

The notes on pages 10-11 form part of these accounts. 

11 



## **HOPE COMMUNITY CHURCH PONTYPRIDD** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2021** 

## **1. Accounting Policies** 

The accounts have been prepared on a receipts and payments basis with a statement of assets and liabilities 

|**2. Voluntary receipts**<br>Gift Aid donations<br>Other donations<br>Tax recovered|Unrestricted<br>Funds<br>£<br>Restricted<br>Funds<br>£<br>Total<br>2021<br>£<br>Total<br>2020<br>£<br>15,865<br>-<br>15,865<br>17,120<br>8,913<br>66,213<br>75,126<br>11,896<br>5,666<br>-<br>5,666<br>7,080|
|---|---|
||30,444<br>66,213<br>96,657<br>36,096|



## _3. Receipts from charitable activities_ 

|Conferences and events<br>**4. Other Receipts**<br>Grant received<br>Other sundry receipts<br>Sponsorship for Eden/Heather<br>Refunds<br>**5. Charitable activities**<br>**a. Direct Charitable Costs**<br>Salaries & staff expenses<br>Eden/Message expenses<br>Speaker expenses<br>Other ministry/evangelism expenses<br>**b. Support and Administration**<br>Premises rental and expenses<br>Administration and general expenses<br>Insurance & professional fees<br>Training & conferences<br>**c. Grants**<br>Evangelical Alliance<br>New Wine Cymru<br>Pontypridd Christian Youth<br>Samaritans Purse|-<br>-<br>Unrestricted<br>Funds<br>£<br>Restricted<br>Funds<br>£<br>Total<br>2021<br>£<br>Total<br>2020<br>£<br>-<br>4,500<br>4,500<br>7,415<br>1,313<br>-<br>320<br>-<br>5,585<br>-<br>1,313<br>5,585<br>320<br>7,405<br>5,402<br>2,670|
|---|---|
||1,633<br>10,085<br>11,718<br>22,892|
||Unrestricted<br>Funds<br>£<br>Restricted<br>Funds<br>£<br>Total<br>2021<br>£<br>Total<br>2020<br>£<br>25,475<br>3,374<br>28,849<br>28,582<br>-<br>2,211<br>2,211<br>2,392<br>-<br>-<br>-<br>180<br>2,257<br>-<br>2,257<br> 894|
||27,732<br>5,585<br>33,317<br>32,048|
||3,670<br>15,580<br>19,250<br>4,841<br>  347<br>-<br>347<br>1,271<br>1,280<br>-<br>1,280<br>1,204<br>-<br>-<br>-<br>1,721|
||5,297<br>15,580<br>20,877<br>9,037|
||240<br>-<br>240<br>240<br>600<br>-<br>600<br>600<br>147<br>-<br>147<br>1,000<br> 65<br>-<br> 65<br> 850|
||1,052<br>-<br>1,052<br>2,690|



12 



## **6. Staff and Trustees** 

The charity has one full-time employed member of staff, and another individual that is paid who is selfemployed. Its activities are generally carried out by volunteers. No staff received salaries at a rate of more than £60,000 per annum. 

The Pastor, Andrew Davies, who is also a Trustee, was paid on a self-employed basis, and received payments totalling £12,000 in his capacity as Pastor of the church. 

No remuneration or trustee expenses were paid to any other trustee during the year, nor to any person connected to them. 

## **7. Funds** 

The restricted funds represent amounts received for specific purposes and the movements in the year areas follows: 

|Covid grants<br>Sports Bar Fundraising<br>Sponsorship for Heather/Eden<br>Allchurches Trust grant|**Opening**<br>**Balance**<br>**£**<br>**Receipts**<br>**£**<br>**Payments**<br>**£**<br>**Transfers**<br>**in the year**<br>**£**<br>**Closing**<br>**balance**<br>**£**<br>1,500<br>1,850<br>-<br>-<br>-<br>66,213<br>5,585<br>4,500<br>-<br>(15,580)<br>(5,585)<br>-<br>-<br>-<br>-<br>-<br>1,500<br>52,.483<br>-<br>4,500|
|---|---|
||3,350<br>76,298<br>(21,165)<br>-<br>58,483|



Covid grants:  Grants given to support expenditure through the Covid pandemic 

Sports Bar Fundraising:  Funds raised in relation to the planned purchase of the Sports Bar building 

Sponsorship for Heather/Eden:  Donations received toward the cost of Heather’s work through the church with Eden 

Allchurches Trust grant:  Grant received toward the cost of work on the Sports Bar building 

13 



**APPENDIX A: PUBLICLY AVAILABLE (UPON REQUEST) FINANCIAL REVIEW FOR CHARITY** 

## **2021 Financial Review** 

## Incomes: 

During 2021 Hope’s Incomes changed significantly due to our fundraising to purchase Rhydyfelin Sports Bar. Regular giving dropped slightly as all Stewardship giving was now for the building fund, and some members changed desired location of giving from general to specifically for the building fund. Our Gross income was over £108,000 (£59,000 2020)- of this over £70,000 was raised for the building. 

General income averaging around £3,100 a month (from £3,400 in 2020). HR’s sponsors gave £5,585 in total which was consistent with 2020 and covers approximately half her salary. Stewardship giving increased dramatically due to Building Fund drive. £12,500 was retrieved from the reserves /building fund to pay a 5% deposit in May. 


We were also fortunate to claim over £5500 through gift aid on 2020’s applicable income. We continued to be fortunate enough to receive gifts through the year from Brynmawr. No grants for community work had to be repaid due to events cancelled due to Covid-19. 


Note: Stewardship gifts for building included in ‘Building Fund’. £4500 grant from All Churches Trust used in the building fund but counted in Grants. 

Income sources show similar proportion of giving from tithes & Stewardship combined. HR sponsorship stayed at a similar proportion. Cash giving decreased understandably. If we include building fund we see most of our income was for this purpose (61%). 


**----- Start of picture text -----**<br>
2020<br>Expenditures:<br>14<br>**----- End of picture text -----**<br>




Hopes Expenditures have stayed roughly the same as last year, if we exclude building costs. We expend roughly £40,000 equally between internal running costs and more external community work costs (including salaries). If we take salaries out separately this continues. 

This year we were able to transfer a further £72,895 to the building fund. Including the deposit already paid and successful grant applications we are at a total of £135,000 at time of writing. 

Thanks to the fantastic fundraising and giving from friends and family we had a record NET income of £53,000 in 2021. Our balance in our current account did reduce from £13,000 to £6,000 but this will be bolstered by the gift aid we are able to claim on 2020’s income. Last year we put the claim into the building fund, hence the apparent ‘loss’ of £7000. 


Expenditure streams are still biggest on HR & AD Salaries (52% of total expenditure including tax and pension contributions for HR)  This is expected due to how the church operates, though a decrease in proportion from 2020. For transparency, salaries are AD: £1,000 pcm, HR: £1,306 pcm (before tax @ Jan 2021). 

A costly 28% of our expenditure went towards building expenses (Deposit, solicitors fees, searches). This year, due to covid and the building expenses, only 10% of our expenditure goes directly to the community work and 10% to our running costs. Pleasingly, we were able to keep these roughly equal in amount, in previous years these have both been around 20%. No external speakers this year. 

Most spending has stayed at a similar level. Gifts have increased. Community Expenses and Salary’s remained the same. Rent continued to decrease along with Bills, Software and Other. See bottom left for full breakdown. 


**----- Start of picture text -----**<br>
2020<br>**----- End of picture text -----**<br>




**----- Start of picture text -----**<br>
15<br>**----- End of picture text -----**<br>