St James, Church Lockleaze A Charitable Incorporated Organisation Unaudited annual report and financial statements Year ended 31 December 2021
St James' Church Lockleaze A Charitable Incorporated Organisation Unaudited annual report and financial statements Year ended 31 December 2021
The Trustees present their report and the financial statements for the year ended 31 December 2021.
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 2021 to 31 December 2021
Revd David Jeal Mr Jocelyn Moule Mrs Joanna Moule
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 2021 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.
Revd Rob Smith was licensed as curate in charge at St Mary Magdalene with St Francis and leader of St James' church
During the year 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, was introduced.
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St James' Church Lockleaze A Charitable Incorporated Organisation Unaudited annual report and financial statements Year ended 31 December 2021
Post Balance Sheet Events
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.
Relationships with other groups, charities and individuals
The Diocese of Bristol pays the salary of Revd Rob Smith.
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:
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-Select suitable accounting policies and then apply them consistently.
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-Make judgments and estimates that are reasonable and prudent.
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-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 £49,353 (2020- £ 44,893).
Approved by the trustees on 31 October 2022 and signed on their behalf by Jocelyn Moule
Chair of the Trustees
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St James' Church Lockleaze Independent Examiners Report To the trustees of St James' Church Lockleaze
I report to the trustees on my examination of the accounts of St James' Church Lockleaze for the year ended 31 December 2021.
Responsibilities and basis of report
As the Trustees of St James' Church Lockleaze you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ( the Act). The trustees consider that an audit is not required for this year and that an independent examination is needed.
It is my responsibility to
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examine the accounts under section 145 of the Act
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to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b)
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to state whether particular matters have come to my attention
Basis of Independent examiners 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 the seeking of 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
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:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records.
I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Adam Coupland
Adam Coupland ACA 12b Flaxbourton Rd Failand Bristol BS8 3UW
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St James' Church Lockleaze A Charitable Incorporated Organisation Year ended 31 December 2021 Receipts and payments account
| note Unrestricted Funds Restricted Funds Total Funds £ £ £ Receipts Donations and legacies 2 19,315 4,000 23,315 Other activities to generate funds 3 - 945 945 19,315 4,945 24,260 Payments Raising funds 4 - 405 405 Charitable activities 5 14,680 2,255 16,935 14,680 2,660 17,340 Net surplus/(deficit) 4,635 2,285 6,920 Transfers Gross transfers between funds (175) 175 - Net surplus 4,460 2,460 6,920 Reconciliation of Funds Cash funds brought forward 44,893 5,617 50,510 Cash funds carried forward 49,353 8,077 57,430 2021 |
2020 |
|---|---|
| Unrestricted Funds Restricted Funds Total Funds £ £ £ 23,993 1,450 25,443 - - - |
|
| 23,993 1,450 25,443 |
|
| - - - 14,402 1,123 15,525 |
|
| 14,402 1,123 15,525 |
|
| 9,591 327 9,918 (123) 123 - |
|
| 9,468 450 9,918 35,425 5,167 40,592 |
|
| 44,893 5,617 50,510 |
All incoming resources and resources expended derive from continuing activities.
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St James' Church Lockleaze A Charitable Incorporated Organisation 31 December 2021 Statement of assets and liabilities
| St James' Church Lockleaze A Charitable Incorporated Organisation 31 December 2021 Statement of assets and liabilities |
||
|---|---|---|
| Note Cash funds Cash at bank and in hand Total funds The funds of the charity Restricted funds 5 Unrestricted funds 5 Other Monetary assets Gift aid tax to be reclaimed Assets retained for the church's own use IT Equipment Furnishing and fittings |
2021 £ 57,430 57,430 8,077 49,353 57,430 3,595 2,901 3,215 6,116 |
2020 |
| £ 50,510 |
||
| 50,510 | ||
| 5,617 44,893 |
||
| 50,510 | ||
| 4,174 | ||
| 2,901 3,215 |
||
| 6,116 |
Approved by the trustees and signed on their behalf by
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Date 31 October 2022
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St James' Church Lockleaze A Charitable Incorporated Organisation Year ended 31 December 2021 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
| Donations and legacies | ||
|---|---|---|
| Committed Giving Sundry donations Gift Aid tax reclaim |
Unrestricted Funds Restricted Funds Total Funds £ £ £ 15,030 - 15,030 111 4,000 4,111 4,174 - 4,174 19,315 4,000 23,315 2021 |
2020 |
| Unrestricted Funds Restricted Funds Total Funds £ £ £ 19,550 - 19,550 - 1,450 1,450 4,443 - 4,443 |
||
| 23,993 1,450 25,443 |
3 Other activities to generate funds
| Sale of cookery book | Unrestricted Funds Restricted Funds Total Funds £ £ £ - 945 945 - 945 945 2021 |
2020 |
|---|---|---|
| Unrestricted Funds Restricted Funds Total Funds £ £ £ - - - |
||
| - - - |
4 Raising Funds
| Purchase of items for sale | Unrestricted Funds Restricted Funds Total Funds £ £ £ - 405 405 - 405 405 2021 |
2020 |
|---|---|---|
| Unrestricted Funds Restricted Funds Total Funds £ £ £ - - - |
||
| - - - |
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St James' Church Lockleaze A Charitable Incorporated Organisation Year ended 31 December 2021 Notes to the Unaudited annual report and Financial statements
5
Charitable activities
| Salaries Insurance Food and drink Telephone Gas and electricity Subscriptions Printing and stationery Craft and service supplies Football expenses Repairs Web site Youth activities Equipment acquired Sundry Planning Professional fees |
Unrestricted Funds Restricted Funds Total Funds £ £ £ 7,700 - 7,700 304 - 304 515 - 515 278 - 278 - - - - - - 110 - 110 - 1,630 1,630 327 - 327 - 125 125 3,781 - 3,781 583 - 583 302 302 - 500 500 780 - 780 - - - 14,680 2,255 16,935 2021 |
2020 |
|---|---|---|
| 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 |
6 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 |
2021 2020 1 1 - 1 |
|---|---|
| 1 2 |
|
| 2021 2020 £ £ 9,392 14,120 - 4,612 315 548 (2,007) (7,072) |
|
| 7,700 12,208 |
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 2021 Notes to the Unaudited annual report and Financial statements
7 Reserves
| Reserves | ||
|---|---|---|
| Restricted Funds Football Youth building GHCT Youth fund Laptop fund Unrestricted Funds General fund |
At 31 December 2021 Incoming resources £ £ - - 5,000 4,945 167 - 450 - 5,617 4,945 44,893 19,315 50,510 24,260 |
Resources expended Transfers At 31 December 2021 £ £ £ 125 (125) - 2,035 - 7,910 - - 167 500 (50) - |
| 2,660 (175) 8,077 14,680 175 49,353 |
||
| 17,340 - 57,430 |
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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