REGISTERED CHARITY NUMBER: 1171151 AVENUE ROAD EVANGEUCAL CHURCH SANDOWN. ISLE OF WIGHT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Garltt$ IIOW) Llmlted Chartered kcwntants Exthwy H¢xK St Cr4ts5 Lane. Newpor¢ Isle ofW*h( POXI 5BZ
AVENUE ROAD EVANGELICAL CHURCH CONTENTS FOR THE YEAR ÉNDED 31 DECEMBER X121 Pa Charlty Informatlon Tru5tee5' report Independent examiner's report Recelpts and payments account ststement of assets and Ilabllitles
AVENUE ROAD EVANGELICAL CHURCH CHARITY INFORMATION FOR THE YEAR EIIDED ai DECEMBER 2021 Addres&. 3 Gortjon C105e Sandown Isle of Wl8ht P036 9AD TNstetr. Revj Dunn Mr5 Pl Dunn M155 M tlodgers m1j Rodgers (Secretary) Mlss C Wlnter Ideceased 11 Aprfl 20221 Mfs R F Watson ITreasurerl lapp)Inted 22 March 20221 Charlty number: 1171151 Bulldlnstrustoas: The Fellowshlp of Independent Evangellcal Churches Umlted Independont •xamlnqr. Gavin Kelly Fc ACA Garbetts IIOWI Ltd Exthange House St Cross Lane Newport IS of Wlght P030 5BZ Bankqr HSBC Bank plc 5 Regent Street Shanklln Isle of Wl8ht P037 7AF
AVENUE ROAD EVANGEUCAL CHURCH TRusfEE5' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The trustees present thelr rep together wlth the finanaal ststements of the tharlty lor the year ended 31 December 2021. The flnanclal statements comply with the Chari$ go¥ernln8 documen( Charlty Commlssion guldance on recelpts and payments accounts. and applkable law. The le8al and admlnlstratlve InfonnatSon set out on pagè I forn part of this report. Constltutlon, obrtS and akn$ The Church Is governed by a constitution adopted 31 OctobEf 2016 when the charity reglstered wlth the Charity ComrnlssiM. The church had previousty been govemed by a Oeclaratlon of Trust dated 2 May 1977, subsequently amended by a Deed of AppoKitment and Retlrement dated 20 Awll 215. The churthes objects are the advanrnent of the Christian Falth In accordan wllh the basls of fast and 5uth other charftable purpose as meets the needs of the churth. The Church's alm 15 to fulfll thls and thus malntaln a witness to the Chr55tlan Falth and the 5UPPOrt of varlous Mi55ionary Socletles and Charltles whlch have a similar 8iblical approach to their activhtle5. Publk benefft The Trustees are aware of and conslder the BUIdan of the Charity Commlsslon on Public Benefit an(1, In partlujlar. the specific 8uidance to charltles for the advancement of reli&i¢)n. Re¥4ew ofthe The Church was open for the flrst Sundoy of the year and then had to close 38aln under Covld restricwons untl Aprll. We opened wlth a Good Frlday servlce and the usual 5CeS on Easter Llay. It was a pleasure to wdcome vlsitors a8aln throu8hout the year and io rewme serving tèa and coffee afterthe evening Serv1 and the Tuesday Bible Studies. tight suppers were agaln provided dUrIAugUst. We were thankful to be able to hold our usual Carol Ser¥lce and Chrb5trnOs Day service5 wlthout any restrictions this year. We enjoyed ¥151ts from relentativeS of the Trlnltarlan Blble Society and the Slavlc Gospel Assoclatlon. We were saddened bythe death of a falthful member of ihe con8regatlon, Mel Barne5. The funeral took pla at the Church In March underthe 30 Ilmlt restrlrtlon5. Later In the year We were contacted by 5011cltors who Infomed us that Mel had Ic* the Church a very generous legacy. We received an interim paent of £18.(KKI in August and the members dedded that glfts should be sent to Charlties we 5UPPOrt before anything else was consldered. Accordlngty the missionary secretary sent 81ft5 of £1,000 each to the following: Barnabas Fund, The Chrlstian Institute. Internatlonal Misslon to Jewlsh People. Mlsslon Aviation Fellowshlp and 5ddlers' and Alrmen'5 Scripture Readers Assodaikni. Necessary repalrs al refurblshment of the Church buildin8 were dlscussed and thls wlll be arranged in 2022. The roof wirs over the skle room were completed In Juty and the room was re-decorated in December. All the old strip lights were replaced wlth LED lighting in A$t.
AVENUE ROAD EVANGELICAL CHURCH TRUSTEES. REPORT FOR THEYEAR ENDED 31 IJECEMBER 1021 Re¥low ol thv year ntInUed In Aprll we were Intsffled by the HoldlnB Trustees of the buildln& Fellowship Propwty Trust, that It Is don9 and that we would hwe to flnd another holdlng trustee. There were varlous optlons and the Managlng Trustees flnally decided to appolnt Church Growth Trust as they could glve us a very similar service to that provided by FPT. All the members were Informed and the secretary was authorlsed to make tho than8eover. We were offered a Erant to hdp wlth expenses but, ven our present drcumstances we declined as we felt there would be other small churche5 In a slmllar posltlon who would find It dwhcultto meet the cost> This is 80ing ahead and should be finallsed earty In 2022. Flnandal revlew Totsl reIpts for the year amcMJnted to £28,70112020'. £13.0711. totsl payments for the year amounted to £21.28612020: £13,574) and the Increase In cash funds for the year amountetl to £7A1512020: E503 decrease). Unre5thded funds rrfed foNRrd at the end of the year amounted to £ISl42020. £4.4021. The bulldlng fund carrled forward at ttr end of the year amounteil to £22,60912020: £26,606}. R•ser¥eg poll¢y To accumulate kncome order to set askle funds for speclal purposes or as reserves against future expendbture for such pÈriod not exceeding that pÉrmTrtted by law. The amount of reserves are not conslstent with the policv at the moment because we were walting for the final payment from the le8acy at the end of the year. 5ubstantlal sums have been Blven to charlty and we are now 5pendlng money oll Improvements to the buSkll The Secretary felt that It wa5 notworth transferring funds to the interest account as the rates are stlll so low. R•uultm•nt appolntsnent ol nrATtru51e45 The Mana8ln8 Trustee5 are PEf50n5 appolnted accordln8 to the Church Rule5 and the minlmum number isthree. The trustees are responsible for keeplng proper accounting records whlch dbsdose with lable ac¢uracy at any time the finanGtal p051tion of the charity and to enable thern to onsure that the financial ststernents comp with ststements of Recommended Practlce and the re8ul*ions made under the Charftie5 Act 2011. They a also responslble for safeguardlng the assets of the charity and hence for tsklng reasonable steps for the prevention and deteclion of fraud and other irregularltle& Approved by the trustees and signed on thelr behalf bv: MlssJ Rodgers I taryl Mtss M Rodgers Dated:..
AVENUE ROAD EVANGEUCAL CHURCH INDEPENDENT EXAMINER'5 REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 I report on the accounts of the charlty for the year ended 31 December 2021. set out on pages 5 to 7. ReSpertI r•5ponsA)lllllestrU5e5 and examlner The trustees are pOnSIble fw the preparatlon of the accounts. The trustees conslder that an audlt Is not rÈqulred for thls year undei settlon 144121 of the Charities Act 2011 (the 2011 Attl and that an independent examlnatlun is needed. It Is my responsiblllty to: examine the attounts undersection 145 of the 2011 Act: to follow the procedures lald down In the General Dlrertlons Wven by the Charlty Commlsslon under sertion 1451511bl of the 2011 Act: and to state whÈthÈr partilar m#tters hwe come to my attention. Bath of Independent examlfter's report My examination was carrled out in accordance wlth the General DlrectSons bythe Charfty Comm15$1obw. An examinatloFb includes a mbew of the accountlng records kept by the charlty and a comp8rlson of the ace(wJnts presentsd with those rec(Yds. It also Indudes conslderatlon of any unuwal Items or dl$dosufj In the accounts, and the seeki of explanation5 from you as thvrch offi¢er5 conreming any such wnatters. The procedures undertaken do not provide all the evidence that would be required In an audlt and, cornsequenilv no oplnlon Is glven as to whether the accounts present a 'true and fair vlew, and the report Is Ilmbted to those matters sa out In the ststement below. Independ•rt mmlnw'sstatsment In connectlon wlth my examlnatioft, no mattèr has tomè to my attentlon: whlch Blves me reosonable cause to bdleve th* In any motÈ¥lal respect the requlrements: lal to keep accountlng records In attordancewlth sectbon 130 of the 2011 Art,. and Ibl to prepare accounts wthlch accord wlth the accountln8 record5 and to comply wlth the accountlng re4ulrements of the 2011 Att have not been met: or to whlch, In my onion. atttI 5UkI be drawn In orderto enable a proper Understandi of the accounts to be reached. Gavln Kellyi FCCIK A Garbetts IIOWI Ltd Exchange Hovse St Cr¢)ss Lane Newport Isle of Wl8ht P030 5BZ
AVENUE ROAD EVANGEUCAL CHURCH RECEIPTSAND PAYMErirsACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021 (knre5trlct fvnds Bulldl fund 2021 2020 RECEIPT5 Gffts Glft aid donatlons Interest r1Ved 22,946 5.752 22,946 5,752 6,772 6.272 27 TOTAL RECEIPTS 28.698 13.071 PAYMENTS Mlnistry eN4)enses Llght. heat, waterand insurance Repalrs and renewals Publicity and outreach Statlonery and postage Sundrles Mlssjonary 50cletles 1,171 1,386 8,867 159 86 1,312 8,305 1,171 1.386 8067 159 771 1.191 2,SC(I 159 99 1,884 6,970 1.312 8,3(S TOTAL PAYMENTS 21,286 21,286 13,574 NET INUIEAWIDECREASE) IN CASH FUNDS 7.412 7.415 15031 Transfer5 between funds Cash funds brou8ht frjrward 4,402 26,606 31,1 31,511 CASH FVPIDS CAftRIED FORWARD IS14 21609 38.423 31.OOB Approved by the church offlcers and s18ned on thelr behaff bv: Mlss J ROdge.t aryl Mlss M Rod8e
AVENUE ROAD EVANGEUCAL CHURCH srATEMENT OF A55EfsAND LIABJLMES AS AT 31 DECEMBER 20U Unrestrf¢ted funds Bulldkng nd Total 2021 Totsl I CASH FUN Current account Deposlt account 15.814 15.814 22.609 4A02 26,606 22.609 15.814 22,609 38,423 31,008 The buildlng fund ¢or*lsts of funds designated for use In malntsknki8 the buildin8 and forn part of the overall unrestrkted funds of the Owrch. Current value Z ASSEfs REfAINED FOR OWt4 USE Main buÈldin8 93,000 2021 3 DISTRIBUTION OF QIFfs TO M15510NARY SOCIEnE5 S.GA. S.A.S.R. Seamens Christian Frlend Sodety ProtestantTruth Soelety Blble Te¥t Publicity MIs5ion Good News for Every One Ifromerty Gldeon5) Trlnltsrlan Blble Sodety MAF Echoes of Selv[- Phlllp & Debte Cole The Chrlstlan Institute Barnaba5 Fund Internatl(mal Mlslon to Jthsh People IC.w.I.I ChrSstlan Prlson Trust Mlsslon8ry Avlatlon 2,070 3C(I 200 200 3tL) 400 500 200 500 1.000 8.305 6.970 4 TRANSFERS BETWEEN FUNDS £4,IJOO was transferred from the bulldlngfund to the unrestrlcted funds as a contrlbution tuwards the repalrs and renewals costs Sncurred duri theyear.