## **Priors Park Community Church**
**Charity No. 1173483**
**Company No.**
**Trustee's Report and Unaudited Accounts**
**31 December 2022**
## Trustees’ Annual Report for the period
From (start date) 0 1 0 1 2 2 to (end date) 3 1 1 2 2 2
## **Section A**
## **Reference and administration details**
Charity name
Priors Park Community Church
Other names the charity is known by Priors Park Chapel
> Registered charity number (if any) 1173843 Charity’s principal address 203 Queens Road
Tewkesbury
Postcode[G L ] 2 0 5 E Y
Names of the charity trustees who manage the charity
**Name of person (or body) Dates acted if not for entitled to appoint whole year trustee (if any)**
- **Trustee Name Office (if any) whole year**
- 1 Nigel Haddow Secretary 2 Jacqueline Haddow Treasurer 3 Stacey Green 4 Dawn Parr 5 Matthew Green 01/01/22 – 30/09/22 6 Robert Gamston 26/11/22 – 31/12/22 7 Claire Gamston 26/11/22 – 31/12/22 8 William O’Leary
9
10
11
12 13
14 15 16
17 18 19 20
Names of the trustees for the charity, if any (for example, any custodian trustees)
**Name**
**Dates acted if not for whole year**
**TAR**
**March 2012**
1
**Section A**
**Reference and administration details (continued)**
Names and addresses of advisers (optional information)
**Type of adviser Name Address** Name of chief executive or names of senior staff members (optional information) **Section B Structure, governance and management** Description of the charity’s trusts Type of governing document ~~Constitution Foundation dated 20[th] June 2017~~ (eg trust deed, constitution How the charity is constituted Charitable Incorporated Organisation (eg trust, association, company) Trustee selection methods Appointed by Existing Trustees (eg appointed by, elected by)
## Additional governance issues (optional information
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
- In July, the church was led by God towards four missions:-
1. “No Child should be allowed to go hungry” – We decided to open a free Breakfast Club during school Holidays starting with the summer holiday and continuing again through the October half term holiday. We obtained a grant from the Local Authority to pursue this end.
2. To open a Café to serve free and low cost meals for those struggling with the cost-of-living crisis. We obtained a grant of £15,000 from the Fellowship of Independent Churches to enable us to move towards complete kitchen refurbishment.
3. To employ two childrens’ workers to enable the youth and childrens’ work to expand and link in with the local schools. No money has yet been provided to enable us to move this forward.
4. To hold a year of mission in 2023 to be able to reach out better into the community. We obtained a grant of £10,000 from the Fellowship of Independent Churches to enable us to book Roses Theatre and a Christian events organizer to progress this mission.
Priors Park Community Hub group continued to serve the local community mainly helping families with gas and electricity costs and working alongside the Tewkesbury Foodbank to supply food.
On 8[th] May, we baptized three members of the community and welcomed them into church membership. In the summer also we baptized a local man in the River Severn and welcomed him into the church.
On 20th August we held the wedding of Christopher Jones and Tarrie Peters.
2
**TAR**
**March 2012**
**Section C**
**Objectives and activities**
**----- Start of picture text -----**
Summary of the objects of the charity set
To advance the Christian faith, in accordance with the statements of
out in its governing document
belief appearing in the schedule "statement of faith", for the benefit
of the public in the Priors Park, Tewkesbury and the surrounding area,
in particular but not exclusively, for the provision of opportunity for
prayer, worship, teaching, fellowship, communion, the public
celebration of Christian festivals and evangelism to enlighten others
about the Christian faith, and the provision of pastoral care to the
community.
Summary of the main activities Sunday Afternoon Worship, Fellowship Group, Curious Course, Ladies
undertaken for the public benefit in relation
Bible Study, Marriage Course, Community Space for other Community
to these objects (include within this section
the statutory declaration that trustees have Groups, Community Hub for helping the poor in the community,
had regard to the guidance issued by the Lighthouse Club for children, Little Treasures and Little Gems for
Charity Commission on public benefit) parents and toddlers, Xtreme Youth Group
Additional details of objectives and activities
(optional information)
You may choose to include further
statements, where relevant, about: We also made several grant applications to raise funds running
• policy on grantmaking; Breakfast Club, Mission events and opening a Community Cafe
• policy programme related investment;
• contribution made by volunteers.
Section D Achievements and performance
Summary of the main achievements of the Priors Park Community Church continued to support many in the
charity during the year community who are suffering with low self-esteem and mental health
problems.
One of the highlights was the Christmas Day Dinner we provided for
any who were alone and struggling. We had food and drinks for 34
local residents and had a Christmas Quiz and Party Games. Each one
went home with a food hamper.
It was such a privilege to be able to start the Breakfast Club in the
summer and continue with the Children and Youth programmes.
**----- End of picture text -----**
3
**TAR**
**March 2012**
**----- Start of picture text -----**
Section E Financial review
Brief statement of the
Our Finances are for the glory of God and the good of the Community.
charity’s policy on reserves
No wages are paid to any of the church workers. We therefore seek to
hold only a small reserve of £1000.
Details of any funds materially in deficit
Further financial review details (optional information)
You may choose to include additional
information, where relevant, about:
• the charity’s principal sources of funds
(including any fundraising);
• how expenditure has supported the key
objectives of the charity;
• investment policy and objectives including
any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s)
Nigel Haddow
Position (eg Secretary, Chair, etc) Secretary
Date
2 6 0 6 2 3
**----- End of picture text -----**
**TAR**
**March 2012**
4
## **Accounts and Examiner's Report**
**TAR**
**March 2012**
5
**Priors Park Community Church Contents**
||Pages||
|---|---|---|
|Statement of Financial Activities||2|
|Summary Income and Expenditure Account||3|
|Balance Sheet||4|
|Notes to the Accounts|5 to|10|
|Detailed Statement of Financial Activities|11 to|12|
Page 1
**Priors Park Community Church Statement of Financial Activities**
## **for the year ended 31 December 2022**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
**Total**
**Expenditure on:**
Charitable activities
6
Other
7
**Total**
Net gains on investments
**Net income/(expenditure)**
Transfers between funds
**Net income/(expenditure)**
**before other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2022**
**£**
5,295
15,878|**Restricted**
**funds**
**2022**
**£**
15,501
-|**Total funds**
**2022**
**£**
20,796
15,878|**Total funds**
**2021**
**£**
9,909
15,287|
|---|---|---|---|---|
||21,173
10,111
11,323|15,501
-
-|36,674
10,111
11,323|25,196
12,337
14,801|
||21,434
-|-
-|21,434
-|27,138
-|
||(261)
-|15,501
-|15,240
-|(1,942)
-|
||(261)|15,501|15,240|(1,942)|
||(261)
877|15,501
226,993|15,240
227,870|(1,942)
1,942|
||616|242,494|243,110|-|
Page 2
**Priors Park Community Church Summary Income and Expenditure Account**
## **for the year ended 31 December 2022**
|Income
**Gross income for the year**
Expenditure
**Total expenditure for the year**
Net income/(expenditure) before tax
for the year
**Net income /(expenditure )for the year**|**2022**
**£**
36,674
36,674
21,434
21,434
15,240
15,240|**2021**
**£**
25,195|
|---|---|---|
|||25,195|
|||27,139|
|||27,139|
|||(1,944)|
|||(1,944)|
Page 3
**Priors Park Community Church Balance Sheet**
## **at 31 December 2022**
|**Company No.**
**Notes**
**2022**
**£**
**Fixed assets**
Tangible assets
9
226,862
226,862
**Current assets**
Cash at bank and in hand
16,248
16,248
**Net current assets**
16,248
**Total assets less current liabilities**
243,110
**Net assets excluding pension asset or liability**
243,110
**Total net assets**
243,110
**The funds of the charity**
**Restricted funds**
10
Restricted income funds
242,494
242,494
**Unrestricted funds**
10
General funds
616
616
**Reserves**
10
**Total funds**
243,110|**2021**
**£**
-|
|---|---|
||-
-|
||-|
||-
-|
||-|
||-|
||226,993|
||226,993
877|
||877|
||227,870|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 31 December 2022
And signed on its behalf by:
Trustee
31 December 2022
Page 4
**Priors Park Community Church Notes to the Accounts**
## **for the year ended 31 December 2022**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 5
**Priors Park Community Church Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Freehold investment property**
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
## **Stocks**
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Page 6
**Priors Park Community Church Notes to the Accounts**
## **Research and development**
Expenditure on research and development is written off in the year in which it is incurred.
## **Foreign currencies**
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
## 2 **Company status**
The company is a private company limited by guarantee and consequently does not have share capital.
Page 7
**Priors Park Community Church Notes to the Accounts**
3 **Statement of Financial Activities - prior year**
|3
**Statement of Financial Activities - prior year**|||||
|---|---|---|---|---|
|**Income and endowments from:**
Donations and legacies
Charitable activities
**Total**
**Expenditure on:**
Charitable activities
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
Donations - Unrestricted
Donations - Restricted Funds
5
**Income from charitable activities**
Offerings
Income Tax Recovered
Income from clubs|**Unrestricted**
**£**
5,295
0
5,295|**Unrestricted**
**funds**
**2021**
**£**
9,779
15,287
25,065
27,139
27,139
(2,073)
(2,073)
(2,073)
2,951
877
**Restricted**
**£**
-
15,501
15,501
**Unrestricted**
**£**
9,745
2,901
3,232
15,878|**Restricted**
**funds**
**2021**
**£**
131
-
131
-
-
131
131
131
226,862
226,992
**Total**
**2022**
**£**
5,295
15,501
20,796
**Total**
**2022**
**£**
9,745
2,901
3,232
15,878|**Total funds**
**2021**
**£**
9,909
15,287|
|||||25,196
27,139|
|||||27,139|
|||||(1,943)|
|||||(1,943)|
|||||(1,943)
229,812|
|||||227,870|
|||||**Total**
**2021**
**£**
9,778
131|
|||||9,909|
|||||**Total**
**2021**
**£**
11,499
3,788
-|
|||||15,287|
Page 8
**Priors Park Community Church Notes to the Accounts**
## 6 **Expenditure on charitable activities**
|_Expenditure on charitable_
_activities_
Charitable Expenditure -
Growth
Costs - Sunday Afternoon
Costs - Clubs
Costs - Alpha
_Governance costs_
7
**Other expenditure**
Premises costs
General administrative costs
Legal and professional costs
8
**Staff costs**
No employee received emoluments in excess of £60,000.
9
**Tangible fixed assets**
**Cost or revaluation**
At 1 January 2022
At 31 December 2022
**Net book values**
At 31 December 2022
At 31 December 2021|**Unrestricted**
**£**
867
1,249
7,673
322
10,111
**Unrestricted**
**£**
8,094
1,692
1,537
11,323|**Total**
**2022**
**£**
867
1,249
7,673
322
10,111
**Total**
**2022**
**£**
8,094
1,692
1,537
11,323
**£**
226,862
226,862
226,862
226,862|**Total**
**2021**
**£**
2,467
381
9,489
-|
|---|---|---|---|
||||12,337|
||||**Total**
**2021**
**£**
11,466
1,778
1,557|
||||14,801|
||||**£**
226,862|
||||226,862|
||||226,862|
||||226,862|
Page 9
**Priors Park Community Church Notes to the Accounts**
## 10 **Movement in funds**
|**At 1 January**
**2022**
**Restricted funds:**
**Restricted income funds:**
Building & Extension
226,862
Ladies Rise Up
131
Jubilee
-
Breakfast Club
-
Christmas Meal
-
World Alive
-
Cafe
-
Mission
-
_Total_
226,993
**Unrestricted funds:**
**General funds**
877
**Total funds**
227,870
Purposes and restrictions in relation to the funds:
Restricted funds:
Ladies Rise Up
Jubilee
Breakfast Club
Christmas Meal
World Alive
Cafe
Mission|**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
-
-
(38)
(610)
981
1,575
6,418
7,175
15,501
21,173
36,674|**Resources**
**expended**
**£**
-
-
-
-
-
-
-
-
-
(21,434)
(21,434)|**At 31**
**December**
**2022**
**£**
226,862
131
(38)
(610)
981
1,575
6,418
7,175|
|---|---|---|---|
||||242,494|
||||616|
||||243,110|
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
## 11 **Analysis of net assets between funds**
|Fixed assets
Net current assets|**Unrestricted**
**funds**
**£**
226,862
16,248
243,110|**Total**
**£**
226,862
16,248|
|---|---|---|
|||243,110|
Page 10
**Priors Park Community Church Notes to the Accounts**
## 12 **Reconciliation of net debt**
|**Reconciliation of net debt**|||
|---|---|---|
|Cash and cash equivalents
Net debt|**Cash flows**
**£**|**At 31**
**December**
**2022**
**£**|
||16,248|16,248|
||16,248
16,248|16,248|
|||16,248|
## 13 **Related party disclosures** _**Controlling party**_
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 11
**Priors Park Community Church Detailed Statement of Financial Activities**
## **for the year ended 31 December 2022**
|**Income and endowments from:**
Donations and legacies
Donations - Unrestricted
Donations - Restricted Funds
Charitable activities
Offerings
Income Tax Recovered
Income from clubs
**Total income and endowments**
**Expenditure on:**
Charitable activities
Charitable Expenditure - Growth
Costs - Sunday Afternoon
Costs - Clubs
Costs - Alpha
**Total of expenditure on charitable**
**activities**
Premises costs
Light, heat and power
Premises repairs and
maintenance
Other premises costs
General administrative costs,
including depreciation and
amortisation
Bank charges
Subscriptions
Sundry expenses
Legal and professional costs
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**|**Unrestricte**
**d funds**
**2022**
**£**
5,295
0
5,295
9,745
2,901
3,232
15,878
21,173
867
1,249
7,673
322
10,111
10,111
2,280
5,226
588
8,094
5
-
1,687
1,692
1,537
1,537
11,323
21,434|**Restricted**
**funds**
**2022**
**£**
-
15,501
15,501
-
-
-
-
15,501
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total funds**
**2022**
**£**
5,295
15,501
20,796
9,745
2,901
3,232
15,878
36,674
867
1,249
7,673
322
10,111
10,111
2,280
5,226
588
8,094
5
-
1,687
1,692
1,537
1,537
11,323
21,434|**Total funds**
**2021**
**£**
9,778
131|
|---|---|---|---|---|
|||||9,909|
|||||11,499
3,788
-|
|||||15,287|
|||||25,196
2,467
381
9,489
-|
|||||12,337|
|||||12,337
2,364
7,905
1,197|
|||||11,466|
|||||-
325
1,453|
|||||1,778|
|||||1,557|
|||||1,557|
||||||
|||||14,801|
|||||27,138|
Page 12
**Priors Park Community Church Detailed Statement of Financial Activities**
|**Priors Park Community Church**
**Detailed Statement of Financial Activities**|||||
|---|---|---|---|---|
|Net gains on investments
**Net income/(expenditure)**
**Net income/(expenditure) before**
**other gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|-
(261)
(261)
-
(261)
877
616|-
15,501
15,501
-
15,501
226,993
242,494|-
15,240
15,240
-
15,240
227,870
243,110|-|
|||||(1,942)|
|||||(1,942)
-|
|||||(1,942)|
|||||1,942|
|||||-|
Page 13