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2020-12-31-accounts

Charity Registration Number: 1170915

Parkview Chapel, Botesdale

Receipts & Payments Account

&

Statement of Assets & Liabilities

For the period to 31[st] December 2020

Parkview Chapel, Botesdale

Governing document: Constitution dated 23[rd] December 2016

Charity Registration Number: 1170915

Trustees and Members

Mick Hams Matt Levett (Appointed 12[th] January 2020) David Miles Ella Miles Philip Miles (Chairman) Mark Wallace Matt Warnock

Congregational leadership team

David Miles Kevin Gladwell Amanda Kirk (Joined December 2020) Andrew Kirk (Joined December 2020) Helen Miles Philip Miles Sarah Partridge (Joined March 2020)

Address: The Street, Botesdale, Diss, Norfolk, IP22 1BX

Bankers: Barclays

Independent Examiner: Haines Watts Chartered Accountants

Index

Page 1: Legal & Administrative Details Page 2: Trustees Report Page 7: Independent Examiner’s Report Page 8: Receipts and Payments Account Page 9: Statement of Assets & Liabilities Pages 10 to 12: Notes to the Accounts

Ref: PV2020 Trustees report

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PARKVIEW CHAPEL, BOTESDALE

Trustees Report for the year ended 31 December 2020

The trustees submit their annual report and financial statements for the year ended 31[st] December 2020.

Objects:

The objects of the charity for the public benefit, as per the constitution, are to advance the Christian faith in Botesdale, nearby villages and in such other parts of the United Kingdom or the world as the charity trustees may from time to time think fit.

This can be summarised as:-

Structure, Governance and Management

The charity is ultimately run by the Trustees. The Trustees have the authority to exercise their powers to further the objects of the charity. The Trustees meet at least once a year but delegate the day to day decision making on the running of the Church to the Congregational Leadership Team, some of whom are also Trustees. The Leadership Team meets monthly to consider the management and pastoral needs of the fellowship.

During 2016 the charity that was established in the name of ‘Parkview Chapel, Botesdale’ (Reg.Charity No. 1170915) as a ‘Charitable Incorporated Organisation’ and has since sat dormant in anticipation of the vesting of permanent endowment assets to it by the historic charity and transfer of other assets; this eventually took place on 15[th] March 2019.

The church: its aims and objectives:

Whilst Parkview Chapel describes a building, the essence of our church life is about ordinary people whose lives have been changed by Jesus Christ, the Son of God and who seek to live according to our understanding of the principles laid down in the New Testament for Christian living. We welcome opportunities to join with other Christians who share this same vision.

Parkview Chapel is a member of the ‘Evangelical Alliance’, ‘Rural Ministries’ and ‘Partnership’; organisations that links together a number of churches that are similar in nature to ourselves.

Ref: PV2020 Trustees report

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The year: its objectives and achievements:

During the year ended 31[st] December 2020 the church sought to fulfil its objectives in the following ways, having had regard to the guidance given by the Commission on public benefit, and in particular, the specific guidance on charities for the advancement of religion. The aim of our services and worship is to help those attending put faith into practise through prayer, scripture, music and communion. During the past year we achieved this by:-

Regular programme

Building Relationships

Serving our community

Ref: PV2020 Trustees report

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Impact of COVID19

Trustees

The trustees ’met’ twice during the year and were kept informed by email of plans relating to the closing and opening of the building as they were developed by the leadership team. Their support has been greatly appreciated during this challenging period.

Leadership

Beyond our villages

Ref: PV2020 Trustees report

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Premises

Volunteers

Whilst we have two paid employees, one full time and one part time, much of the work of the charity is undergirded by generous giving of their time by many volunteers.

The Trustees have taken account of the Charity Commission's guidance on Public Benefit where appropriate when exercising their powers and duties, planning and reviewing the aims, objectives and activities of Parkview Chapel. Throughout this report, Parkview Chapel has sought to demonstrate the ways that it delivers benefit to the public —whether they are members of our congregation, another church or have no church /religious affiliation.

Health and Safety

Risk Assessment

Ref: PV2020 Trustees report

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Statement of Trustees Responsibilities

Charity law requires us as trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.

We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

Serious Incidents

We are thankful to report that there were no serious incidents to be reported during 2020.

Financial Review

Church receipts into the Unrestricted Fund for the period came to £32,252. Much of this is given in a way that makes use of the government Gift Aid scheme to reclaim tax on the gifts as well as the Gift Aid on Small Donations Scheme.

Expenses from the Unrestricted Fund for the period came to £32,739. Overall there was a deficit for the period of £487 on the Unrestricted fund.

Regular financial updates are produced for leadership group meetings.

Reserves Policy

It is our aim to maintain free reserves that equate between three and six months of normal expenditure, (£8,000 to £16,000) though there may be rare conditions under which we find that it will be necessary to go below this level. As of 31[st] December 2020 the level of unrestricted reserves were £18,664.

.................................... Date .................

Signed for and on behalf of the Trustees of Parkview Chapel

Ref: PV2020 Trustees report

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INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

PARKVIEW CHAPEL, BOTESDALE

I report to the charity trustees on my examination of the accounts of Parkview Chapel ('the charity') for the year ended 31 December 2020 on pages 8 to 12.

Responsibilities and basis of report

As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in accordance with section 130 of the Act; or

  2. the accounts do not accord with the accounting records.

I have no concerns and 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.

Simonetta Castellano

Haines Watts Unit 8 Hopper Way Diss Business Park

Diss

Norfolk

IP22 4GT

Ref: PV2020 Trustees report

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PARKVIEW CHAPEL, BOTESDALE

RECEIPTS AND PAYMENTS ACCOUNT For the year ended 31[st] December 2020

Notes Restricted Unrestricted
Total
Total
Funds Funds 2020 2019
RECEIPTS £ £ £
Donations and grants 7,731 30,254 37,985 27,472
Fundraising events - - - 1,056
Bank interest 71 71 116
Dividends on investments 1,100 1,100 330
Rent for use of chapel 612 612 850
Friday Club Tuck Shop 173 173 359
Other income 42 42 93
7,731 32,252 39,983 30,276
PAYMENTS
Grants and donations 3 3,500 482 3,982 5,128
Wages/salaries 4 3,202 20,279 23,481 17,892
Pension contributions 1,708 1,708 1,154
Repairs and maintenance - 805 805 621
Lighting and heating 2,259 2,259 1,602
Insurance 1,371 1,371 1,408
Telephone and broadband 641 641 416
Water and sewerage 148 148 -
Printing & stationery - 108 108 119
Professional fees 936 936 2,188
Employee expenses - 735 735 919
Cost of services 3 300 546 846 1,194
Youth work 729 729 647
Miscellaneous 6 - 1,035 1,035 950
Friday Club Tuck Shop 132 132 256
7,002 31,914 38,916 34,494
Surplus/ (deficit) for the year 729 338 1,067 (4,218)
Transfers in from Trust (1113215) - - - 31,412
Purchase of equipment 5 (2,100) (825) (2,925) (326)
Cash balance brought forward 7,717 19,151
26,868 0
Cash balance carried forward 6,346 18,664 25,010 26,868

Ref: PV2020 Trustees report

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PARKVIEW CHAPEL, BOTESDALE

STATEMENT OF ASSETS & LIABILITIES For the period ended 31st December 2020

Cash funds

ash funds
Current accounts
Deposit accounts
Praise Hour cash
Friday club tuck shop
Other Monetary Assets
Gift Aid due
2020
£
3,121
21,469
159
261
25,010
2020
£
£
Restricted Unrestricted
333
2,581
2019
£
1,236
25,303
177
152
26,868
2019
£
Total
2,322
333
2,581
2,322

Other Monetary Assets

Investment Assets

Fund
COIF Ethical Investment fund Legacy
COIF Investment fund Designated
2020
2019
£
£
Cost
Value
Value
12,000
14,951
14,062
21,273
22,671
21,302
33,273
37,622
35,362

Non-monetary Assets

Monetary Liabilities

Ref: PV2020 Trustees report

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PARKVIEW CHAPEL, BOTESDALE

NOTES TO THE ACCOUNTS For the year ended 31[st] December 2020

1. Basis of accounts

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

2. Funds

Restricted Funds

Missionary - this is a restricted fund and its purpose is to provide support for Christians in full time work either in the UK or abroad as well as distinct mission work within the church. The leadership agreed to the payments in advance of the year end and the surplus/deficit will be carried forward into the following year.

Study – this is a restricted fund and its purpose was to provide the funds for a course of study by distance learning undertaken by Kevin Gladwell, our Church and Community Pastor. However, since he was not able to complete the course within the set timeframe, it was decided following consultation with the original donor that the balance of these funds be transferred to a fund supporting those who the church supports through employment to regain their confidence.

Employment Support is a fund to support those who lack confidence to build a sense of self-worth through employment.

Croatia Mission Trip- this is a restricted fund for the purpose of supporting young people to go on a mission trip to Croatia each summer. Any balance is carried forward to future years.

Legacy - This is as a result of a legacy that came to Parkview Chapel in September 2017.

Designated Fund

Building – with the transfer of assets from the 1905 Trust to the CIO the Charity Commission deemed that the provisions of a Recoupment Fund became null and void. The decision was taken to apply the capital and income from this fund to support the ongoing need for building maintenance

Unrestricted Fund

This is an unrestricted fund and its purpose is to meet the day to day running costs of the fellowship including local outreach and pastoral care. From time to time the leaders may choose to transfer some of the funds to support one of the other funds as necessary.

Ref: PV2020 Trustees report

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PARKVIEW CHAPEL, BOTESDALE

NOTES TO THE ACCOUNTS For the year ended 31[st] December 2020

3. Mission Fund

The following is a list of payments made from the Mission Fund in the period covered by this report:

Echoes International
Gifts made to individuals
Gideons (Good News for Everyone)
Fishermens’ Mission
Sizewell Hall
2020
-
3,300
135
50
315
3,800
2019
1,989
486
140
75
-
2,690

4. Employees

The charity had two employees to whom the above employment costs refer No amounts were paid or payable to any trustee or to any person connected to them.

5. New equipment

5. New equipment
2020 2019
£ £
Fire alarm(From LegacyFund) 2,100
Inspiron 17.3”screen laptop 534
HPOfficejetA3 printer 93
CO2 fire extinguishers (2) 68
Wirelessmicrophone 58
Individualcommunioncups 53
Fire Safety signs 11
USBstick 8 326
Materialsfor new noticeboard
2,925 326

Ref: PV2020 Trustees report

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PARKVIEW CHAPEL, BOTESDALE

NOTES TO THE ACCOUNTS For the year ended 31[st] December 2020

6. Miscellaneous

TV licence
Evangelical Alliance subscription
Partnership subscription
CCPAS payment
Christian Copyright Ltd subscription
Liberty Accounts
Vouchers to retiring trustees
Information Commissioners Office
Bank charges
Other
2020
2019
£
£
157
155
90
80
50
50
120
225
244
201
124
78
-
50
35
35
106
-
109
58
1,035
932

Movement of Funds

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

Restricted funds
Mission Fund
LST Study
Employment Support
Croatia Mission Trip
Legacy
Balance at
01.01.20
Receipts
Payments
Transfers
Balance at
31.12.20
£
£
£
£
1,902
3,670
3,800
-
1,772
2,073
-
-
(2,073)
-
-
4,061
3,202
2,073
2,932
269
-
-
-
269
3,473
-
2,100
-
1,373
7,717
7,731
9,102
-
6,346

Ref: PV2020 Trustees report

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