St James, Church Lockleaze
A Charitable Incorporated Organisation
Unaudited annual report and financial statements
Year ended 31 December 2020
**St James' Church Lockleaze A Charitable Incorporated Organisation Unaudited annual report and financial statements Year ended 31 December 2020**
The Trustees present their report and the financial statements for the year ended 31 December 2020.
## **Charitable status**
St James' Church Lockleaze is a Charitable Incorporated Organisation established by a constitution dated 2 May 2017. It was registered as a charity on 2 May 2017, charity number 1172817.
The Trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission.
## **Trustees**
The following individuals have been trustees from 1 January 2020 to 31 December 2020
Reverend David Jeal Mr Jocelyn Moule Mrs Joanna Moule
Dr Nicola Jeal who was on trustee on 1 January 2020 resigned 20 23rd August 2020.
## **Church address**
St Mary Magdalene with St Francis Church, Gainsborough Square, Lockleaze, Bristol, BS7 9XA
## **Registered address**
Narrow Quay House, Narrow Quay, Bristol, BS1 4QA
## **Bankers**
The Co-operative Bank
## **Independent examiner**
Adam Coupland
## **Aims**
The aims of St James' as set out in the constitution are as follows:
The furtherance of religious or secular public education
The advancement of the Christian faith including missionary activities in the United Kingdom and overseas and also including but not limited to the planting of new churches and organisation of congregations
The relief of the poor and the needy
The relief of the sick and the elderly
Such other charitable objects and for the benefit of such other charitable bodies and institutions as the trustees in their absolute discretion see fit.
## **Achievement and performance**
In the year to 31 December 2020 the trustees have worked with members of the congregation to develop and sustain a worshipping community that supports the area of Lockleaze and the wider community.
During November 2019 St James' Church Lockleaze relocated on a permament basis to St Mary Magdalene with St Francis Church Lockleaze having been informed by The Woodlands Group of Churches earlier in the year that they required the St James' Church building back. The first Sunday service held at the new location was held on 17th November 2019.
On 18 September 2020 Revd Rob Smith was licensed as curate in charge at St Mary Magdalene with St Francis and interim leader of St James' church
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## **St James' Church Lockleaze A Charitable Incorporated Organisation Unaudited annual report and financial statements Year ended 31 December 2020**
## **Post Balance Sheet Events**
Since the year end as a result of the global pandemic caused by the outbreak of Covid19 the church has suspended gathered worship.
The leaders at St James' have continued to support the congregation by holding regular YouTube services and socially distanced contact. A gradual process of reopening the church that is compliant with safety procedures advised by the Diocese of Bristol, will be undertaken in the spring.
Due to the continued generosity of the congregation, the trustees do not have concerns for the ability of the church to meet its liabilities as they fall due.
## **Risk Management**
As a body responsible for the safety and well-being of those worshipping, the trustees adopt policies and take measures to minimise the risks involved. The trustees adhere to and implement the provisions of legislation and current good practice.
The major risks to which the trustees are exposed and the systems to mitigate those risks are as follows:
Physical risks to congregation and staff which are dealt with through the regular review of the Health and Safety policy and practice.
Maintaining ‘Safe From Harm’ policies to protect children and vulnerable adults from potential abuse, including appointment procedures and training.
Church finances which are carefully administered to optimise income and control expenditure.
The short term nature of its revenue funding, with steps being taken continually to ensure that funding continues.
Operating risks, with cover for public liability, office and buildings insurances.
## **Trustees responsibility for the financial statements**
The law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the CIO and of its income and expenditure for that period. In preparing those financial statements, the Trustees are required to:
- -Select suitable accounting policies and then apply them consistently.
- -Make judgments and estimates that are reasonable and prudent.
- -Prepare the financial statements on the going concern basis unless this is inappropriate.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the CIO and to enable them to ensure that the financial statements comply with the relevant legislation. They are also responsible for safeguarding the assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Reserves Policy**
The trustees aim to maintain reserves in unrestricted funds at a level that will allow sufficient funds to be available to respond to charitable activities as they arise and also to ensure that support and governance costs can be met as they fall due. The reserves are reviewed at regular finance committee meetings. The balance held as unrestricted funds at the year end was £44,893 (2019 - £ 35,425).
Approved by the trustees on 31 October 2021 and signed on their behalf by Jocelyn Moule
**Chair of the Trustees**
St James, Churth Lockleaze
Independent Examlners Report
To the trustees of St James, Church Lockleaze
I report to the trustees on my examinatlon of the accounts of St James, Church Lockleaze for the year ended 31 December 2020
Responslbllltles and basls of report
As the Trustees of St James, Churth Lockleaze you are responsible for the preparation of the accounts In accordance with the
requlrements of the Charlties Act 2011 ( the Act). The trustees conslder that an audlt Is not requlred for thls year and that an
Independent examlnatlon Is needed.
It Is my responslblllty to
examlne the accounts under section 145 of the Act
to follow the procedures lald down In the General Dlrertlons given by the Charlty Commlsslon
under sectlon 145(5)(b)
- to stste whether partlcular matters have come to my attentlon
Basls of Indep•ndent •xamln•rs report
My examlnatlon was carrled out In accordance wlth the General Directions 8lven by the Charity Commlsslon. An examlnatlon
Includes a revlew of the accountlng records kept by the charlty and a comparison of the accounts presented wlth those records. It
also Includes conslderatlon of any unusual Items or dlsclosures in the accounts, and the seekin8 of explanations from you as
trustees concernln8 any such matters. The procedures undertaken do not provlde all the evidence that would be requlred In an
audlt and, consequently no oplnlon ts glven as to whether the accounts present a 'true and fairf vlew and the report Is Ilmlted to
those matters set out In the ststement below.
Independent examlner's statement
I have completed my examlnatoon. I confirm that no material matters have come to my attentlon in connectlon wlth the
examlnatlon 8fvln8 me cause to belleve that In any materlal respect:
accountlng records were not kept On respect of the Trust as requlred by sectlon 130 of the Act; or
the accounts do not accord wlth those records.
I have no concerns and have come across no matters in connectlon with the examlnatlon to whlch attentlon should be drawn In
thls report In order to enable a proper understsndlng of the accounts to be reached.
Adam Coupland
Adam Coupland ACA
12b Flaxbourton Rd
Falland
Bristol
BS8 3UW
Page 3
## **St James' Church Lockleaze A Charitable Incorporated Organisation Year ended 31 December 2020 Receipts and payments account**
|**St James' Church Lockleaze**
**A Charitable Incorporated Organisation**
**Year ended 31 December 2020**
**Receipts and payments account**||
|---|---|
|**note**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
**Receipts**
Donations and legacies
2
23,993
1,450
25,443
Investment income
3
-
-
-
23,993
1,450
25,443
**Payments**
Charitable activities
4
14,402
1,123
15,525
14,402
1,123
15,525
Net surplus/(deficit)
9,591
327
9,918
**Transfers**
Gross transfers between funds
(123)
123
-
Net surplus
9,468
450
9,918
**Reconciliation of Funds**
Cash funds brought forward
35,425
5,167
40,592
Cash funds carried forward
44,893
5,617
50,510
**2020**|**2019**|
||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
23,522
160
23,682
2,700
-
2,700|
||26,222
160
26,382|
||30,518
781
31,299|
||30,518
781
31,299|
||(4,296)
(621)
(4,917)
(274)
274
-|
||(4,570)
(347)
(4,917)
39,995
5,514
45,509|
||35,425
5,167
40,592|
All incoming resources and resources expended derive from continuing activities.
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## **St James' Church Lockleaze A Charitable Incorporated Organisation 31 December 2020 Statement of assets and liabilities**
|**St James' Church Lockleaze**
**A Charitable Incorporated Organisation**
**31 December 2020**
**Statement of assets and liabilities**|||
|---|---|---|
|**Note**
**Cash funds**
Cash at bank and in hand
**Total funds**
**The funds of the charity**
**Restricted funds**
**6**
**Unrestricted funds**
**6**
**Other Monetary assets**
Gift aid tax to be reclaimed
**Assets retained for the church's own use**
IT Equipment
Furnishing and fittings|**2020**
**£**
50,510
50,510
5,617
44,893
50,510
4,174
2,901
3,215
6,116|**2019**|
|||**£**
40,592|
|||40,592|
|||5,167
35,425|
|||40,592|
|||4,442|
|||2,901
2,483|
|||5,384|
Approved by the trustees and signed on their behalf by
**----- Start of picture text -----**
…………………………………………………. ………………………………………………..
**----- End of picture text -----**
Date: 31 October 2021
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**St James' Church Lockleaze A Charitable Incorporated Organisation Year ended 31 December 2020 Notes to the Unaudited annual report and Financial statements**
## **1 Accounting policies**
## **Basis of preparation**
The Financial Statements are prepared on a receipts and payments basis.
## **Taxation**
The charity is exempt from tax as it has no taxable activities. Irrecoverable VAT borne by the charity is included in the cost of the item to which it relates.
## **Going concern**
The trustees consider that there are no material uncertainties about their ability to continue as a going concern.
Although the impact of covid19 is still uncertain the congregation of the church has continued to support the work of the church by their committed giving. The trustees consider that there are no uncertainties about their ability to continue as a going concern as a result of the pandemic or any other matters.
## **Fixed assets**
The fixed assets shown on page 5 represent the cost of assets currently used by the church. Assets are removed once they have been disposed of.
## **2 Donations and legacies**
|Committed Giving
Sundry donations
Gift Aid tax reclaim|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
19,550
-
19,550
-
1,450
1,450
4,443
-
4,443
23,993
1,450
25,443
**2020**|**2019**|
|---|---|---|
|||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
18,340
-
18,340
-
160
160
5,182
-
5,182|
|||23,522
160
23,682|
## **3 Investment income**
|Rent received|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
-
-
-
-
-
-
**2020**|**2019**|
|---|---|---|
|||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
2,700
-
2,700|
|||2,700
-
2,700|
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## **St James' Church Lockleaze A Charitable Incorporated Organisation Year ended 31 December 2020**
## **Notes to the Unaudited annual report and Financial statements**
## **4 Charitable activities**
|**Charitable activities**|||
|---|---|---|
|Salaries
Insurance
Food and drink
Gas and electricity
Subscriptions
Printing and stationery
Craft and service supplies
Football expenses
Council tax
Donations
Equipment acquired
Sundry
Building and equipment
maintenance
Books and teaching
resources|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
12,208
-
12,208
295
-
295
94
-
94
111
-
111
330
-
330
16
-
16
-
-
-
221
-
221
-
1,123
1,123
-
-
-
-
-
-
732
-
732
-
-
-
395
-
395
14,402
1,123
15,525
**2020**|**2019**|
|||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
21,211
-
21,211
1,877
-
1,877
567
-
567
2,906
-
2,906
316
-
316
47
-
47
396
-
396
535
-
535
-
531
531
1,061
-
1,061
500
250
750
110
-
110
505
-
505
487
-
487|
|||30,518
781
31,299|
## **5 Employee's remuneration**
The average number of persons employed by the charity during the year was as follows:
|Youth worker
Worship leader
The aggregate payroll costs of these staff were as follows:
Youth worker
Worship leader
Pension contributions
Recovered from Job Retention Scheme|2020
2019
1
1
1
1|
|---|---|
||2
2|
||2020
2019
£
£
14,120
11,164
4,612
9,918
548
129
(7,072)
-|
||12,208
21,211|
No employees were paid more than £60,000 in the year by the Trustees
The trustees are considered the key management personnel of the charity. No trustee was paid any remuneration or working expenses during the year in their capacity as trustees.
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## **St James' Church Lockleaze A Charitable Incorporated Organisation Year ended 31 December 2020 Notes to the Unaudited annual report and Financial statements**
## **6 Reserves**
|**Reserves**|||
|---|---|---|
|**Restricted Funds**
Football
Youth building GHCT
Youth fund
Laptop fund
**Unrestricted Funds**
General fund|**At 31**
**December**
**2019**
**Incoming**
**resources**
**£**
**£**
-
1,000
5,000
-
167
-
-
450
5,167
1,450
35,425
23,993
40,592
25,443|**Resources**
**expended**
**Transfers**
**At 31**
**December**
**2020**
**£**
**£**
**£**
1,123
(123)
-
-
-
5,000
-
-
167
-
-
450|
|||1,123
(123)
5,617
14,402
123
44,893|
|||15,525
-
50,510|
## **Restricted Funds**
Football
for the support of the St James football team in whatever manner is seen fit by the trustees.
Youth building GHCT given by the Gloucester Historic Church Trust for the purpose of building a structure to house/support activities to benefit the young people in the Sunday School of St James' Church Lockleaze
Youth fund
to be used for the purpose of assisting the Youth of the church to go on Christian Holiday Camps as seen fit by the trustees.
Laptop fund
donations received to buy a laptop computer for a member of staff.
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