2021-03-31-accounts - Faversham Gospel Mission

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Object	i	ves and	Acti	viti	es
					SORP reference
Summary		ofthe purposes		of	Para 1.17	Forthe public benefit, to advance the
the charity as set out			in its			Christian faith in Faversham, Kent and
governing		document				such other parts ofthe United Kingdom
						and the world asthe Charity Trustees
						ma from time totime decide.
Summary activities		ofthe main in relation tcthose			Para 1.17and 1.19	We continue to hold aworship and teaching service every Sunday morning,
purposes		for the public				a midweek Bible study and fellowship
benefit,	in particular,		the			group, prayer meetings and occasional
activities,		projects or	services			special events. All are invited without
identified		in the accounts.				charge.
						With the onset ofthe Covid-19 pandemic
						and subsequent lockdowns just before
						the start period ofthis Report, all these
						activities became online on Zoom.
						However, we continued to host the
						town's Foodbank, providing storage and
						twice weekly client services held under
						strict controls. A community wardrobe
						has been added.
						Practical and pastoral support continued
						to be provided, confidentially and without
						charge.
Statement		confirming			Para 1.18	Trustees continually regard the guidance
whether	the trustees		have			on public benefit.
had regard to the guidance
issued by		the Chadity
Commission on public
benefit

						We are not a grant-making	body and do
				Para	1.38	not receive applications.	We regularly
Policy	on	grant	making			support seven Christian	organisations
						providing spiritual and practical benefits
						to reci ients be ond the	town.

				Para 1.38
Policy on	social investment
including	program		related
investment
					We have	no	paid	staff and practise 'every
Contribution volunteers		made	by	Pars 1.38	member ministry'. Each makes voluntary contributions in service and {where possible) in financial support.
Other

						SORP reference
							The aimost total closure ofthe church
							building meant transferring worship	and
							ministry toZoom. This was well
Summary ofthe achievements of				main the charity,		Para 1.20	supported and 'congregations' ran at about 80'/e ofprevious levels.
identifying	the difference				the
charity's	work		has made		to		Our rehearsal facilities forthe town band
the circumstances				of its			and the community choir were ofcourse
beneficiaries			and	any wider			suspended.
benefits to society as a
whole,							We have otherwise remained active in the
							town's virtual inter-church activities.
							Under strict Covid conditions we
							continued to host the town's Trussell
							Trust foodbank, with church members
							among the volunteers.
							In association with two Salvation Army
							voiunteers we have begun hosting a
							community wardrobe, providing, eg, school uniforms tothe disadvantaged.
Additional		information			{optional}
You ma	choose			to include further statements			where relevant about:
							We continued to hold via Zoom regular
							combined meetings ofleaders, deacons,
Achievements objectives set			against			Para 1.41	and trustees, to review perfonnance against objectives, to vary activities,	and
							to pray.
							We do not fundraise.
Performance		offundraising				Para 1.41
activities	against			objectives
set

		Prior to the Covid pandemic, we were
investment performance against objectives	Para 1.41	concerned about the possibility ofsevere economic consequences after Brexit, and therefore transferred sums of885,000
		(the maximum FSA guarantee) totwo
		Christian banks. This was more for
		protecting assets than for 'investing'
		financially, although through those banks
		we are investin s irltuall .
Other

Financial Review	Financial Review
Review ofthe charity's			Para 1.21	With the	church premises			closed,	and no
financial position at	the end			offerings	being taken		up,	our income was
ofthe period				substantially		reduced	at R8,815compared
				to619,340in the previous				year. Total
				expenditure		att:12,593compared			with
				f17,729	in the previous year.
				The ciosing figure at			our 'working'		bank
				was 5118,308and there was W85,000 in
				the Kin	dom	and Reliance banks.
Statement explaining	the		Para 1.22	With no	paid	staff or	regular outgoings,
policy for holding reserves				we have	formally agreed always to hoid a
stating why they are held				minimum	of	three months'		average
				ex enditure.
Amount ofreserves	held		Para 1.22	More than sufficient.
Reasons for holding	zero		Para 1.22	N/A
reserves
Details offund materially		in		N/A
deficit
Explanation ofany			Para 1.23	There are no uncertainties.
uncertainties about the
charity continuing as a going
concern
Additional information		(optional)
You ma choose to	indude		further statements	where relevant		about
				We do not fundraise.			Our	income	is all by
				gift.
The charity's principal sources offunds (including			Para147
any iundraising)
				NIA
Investment policy and objectives including any			Para 1A6
social investment policy
adopted
				We are fully		insured.	With	no paid	staff
				there are no		foreseeable employment
A description ofthe	principai		Para 1A6	risks.
risks facing the charity
Other

Description ofcharity's
trusts:
Type of governing document		Para 1.25	Trust deed.
it!List '.~ee.! I'oy:.2 r'h!':!!1(:-i'!
How is the charity		Para 1.25	We are a Charitable		Incorporated
constituted' ? (l~ q aii'j15 linc!r i': u			Organisation whose only voting are its charity trustees.					members
Trustee selection methods including details ofany		Para 1.25	We seek to maintain agroup oftrustees bringing relevant qualifications and
constitutional provisions	e.g.		experience.
election to post or name	of
any person or body entitled			Any further	trustee	must	be appointed					by
to appoint one or more			a resolution	passed	at a	properly
trustees			convened meetin		ofthe trustees.
Additionai information	(optional)
You ma choose to include fu!ther statements			where relevant about:
Policies and procedures adopted for the induction	and	Para 1.51
training oftrustees
			We hold regular joint internal				meetings				of
			the spiritual	leadership,		the trustees,				and
The charity's organisational			the deacons.
structure and any wider		Para 1.51
network with which the			We are active on the Executive
charity works			Committee	ofChurches		Together			in
			Faversham,	and are a member			body of
			the Evan elical Alliance.
Relationship with any reiated		Pars 1.51
parties
Other

Charit name		Faversham
Other name the chari uses		None
Re istered charit	number	1171357
Charity's principal	address	Tanners Street, Faversham	ME137JL

ames	ofthe charity tru	stees who manage	the charity
	Trustee name	Office (ifany)	Dates acted ifnot forwhole ear	Name toe	ofperson inttrustee	(orbody}entitled ifan
	Julia Chittenden
	Amanda Jane
	Eason
	Stuart Owen	Treasurer
	James Sidney	Chair
	Ransom
	Geoffrey Stuart
	Sandiford
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

Name oftrustees holding title	to property belonging to th	e ch
Trustee name	Dates acted ifnot forwhole	ear
Julia Chittenden
Amanda Jane Eason
Stuart Owen
James Sidne Ransom
Geoffre Stuart Sandiford

Funds held as cus	todia	n
Descdption ofthe assets		N/A
held in this capacity
Name and objects ofthe		N/A
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details ofarrangements	for	N/A
safe custody and
segregation ofsuch assets
from the charity's own assets

Signed	on behalf ofthe	charity's trustees
	Signature(s)
	Full name(s)	James Sidney Ransom	Stuart Owen
Position	(eg Secretary, Chair, etc}	Chair for the period the Report covers	Treasurer forthe period the Report covers

							Actual 2020/21	Summary
							(1stApril to 31stMarch)	(1stApril to31stMarch)
Opening amount at NatWest Bank							292,086	331,679
Investments
Kingdom Bank into savings account							85,000
Reliance Bank into savings		account					85,000
							Total 170,000
Gross income
Donations							840
Donations via Stewardship		and Gift Aid					7,104
Friends' ofKent Churches	—sponsored			bike ride			50
Compensation from NatWest Bank							200
EDFenergy rebate							621
							Total 8,815	19,340
Expenditure
Wycliffe Bible Translators							320
Serving in Mission							320
Action International							320
Release International							320
Open Air Campaigners							320
Christian Witness to Israel							320
Uganda Concern UK							320
Uganda Concern UK financial		gift for	specific		medical	needs	200
Compassion sponsored child, Ritha							351
Gospel Mission subscription for CTiF membership							135
CTiF chosen Charity ofthe Year —Open					Doors		250
CTiF our pledge towards	the Christmas				card		109
CTiF pledge towards the	Easter card						100
CCLI Church Copyright	Licence						374
Thirtyone:eight annual membership				subscription			129
Evangelical Alliance							100
Steph Macleod singer songwriter			and worship			leader	300
Updating Microsoft Office		365on	the	church laptop			60
iPad, cosmos case, power		adapter					398
Jude Sack—website services							144
Postage Church Directory							37
Zoom subscription							158
							Total 5,085	34,827
Ufilities							E
Castle Water							134
Business Stream							136
British Gas							626
EDF							1,364
BT							976
							Total 3,236	4,817

					'
Mission Hall					I.
Fire Action (fire safety	and electronic security)			96
Peter Bingley —restoring	windows,	materials	and labour	950
Cleaning Fairy				1,224
Red Alert —Mission burglar alarm				154
Bridges Insurance for Mission Hall				1,063
Single BT3960phone				35
Prolectrical —PAT testing, PAT servicing administration				750
				Total 4,272	17,729
Total annual income				8,815
Total expenditure				12,593
Deficit ofincome over	expenditure			3,778
Closing amount at NatWest Bank				118,308