## **The Beacon Elim Churches (CIO)**
Park Road, Grimshaw Park Blackburn, BB2 3DJ
**Trustees Annual Report and Financial Statements for the year ended:**
**31[st] December 2020**
Charity No: 1173561
**Trustees:**
Simon Pastorello ( _ex-officio_ Chairman)
Emmanuel Ofosu
David Hicken Brenda George Peter Warren Geoff Shaw
## **Finance:**
Andrew Fisher (Treasurer)
Valentina Raia (Finance Officer) Rebekah Holt (External Examiner)
1
## Government
This year, we have made the decision to make the constitutional and spiritual leadership of the Church separable, welcoming Brenda George, Peter Warren and Geoff Shaw on the team as Charity Trustees only. This decision, alongside increased oversight, experience and skills added to the team, was also made to ensure remunerated clergy that also held the office of Trustee would not exceed the number of unpaid Trustees.
The spiritual leadership of the Church is carried out by the Leadership Team, currently composed of David Hicken, Emmanuel Ofosu (Assistant Pastor) and Simon Pastorello (Senior Pastor). Currently members of the Leadership Team are also Charity Trustees, with the Senior Pastor as _ex-officio_ (or Chairman).
Alongside the Charity Trustees and Leadership Team, the affairs of the Church are managed by our Voting Membership. Every year, our Church Members gather for their Annual General Meeting – both for reporting and for voting on major issues, including the election and re-election of Leaders and CDs. Although, by constitution, it is only the existing team that can nominate potential candidates for election, our Church members can still make suggestions.
The Leaders meet on a regular basis every Friday morning. Minutes of each meetings are recorded and securely stored on an online shared folder. The Trustees meet as and when required, multiple times in the year.
No Charity Trustee expressed any conflict of interest in any matter under consideration.
## Management
The more practical management of the Church is devolved to various department heads, appointed at the discretion of the Leadership team. At present, the departments are as follow:
1. Finance
2. Safeguarding
3. Youth and Children work
4. Worship
5. Tech and Media
6. Stewarding
7. Health and safety
8. Buildings management
9. Dorcas Project 10. Over 50’s
## Objectives and activities
Our Church’s primary objective is _the advancement of the Christian faith_ . This we seek to fulfil by a number of ordinary and extraordinary activities, both at home and oversea. Unfortunately, our direct involvement in the community and among our members has been severely hindered by the pandemic. However, with the introduction of online technology, we have still been able to fulfil our charitable objectives with the following activities:
1. Online Sunday Services
2. Online prayer
3. Online fellowship
4. Remote pastoral care and support
5. Children and Youth online resources
6. Online training, mentoring and discipleship
7. Online outreach events and evangelism
8. Online interdenominational unity work
2
9. School work
10. Community projects (“Get-stuck-in” and “See-Hear-Respond”)
11. Foodbank collections
12. Missionaries support
13. Homeless support
_For a more detailed description of our activities, email us at info@thebeaconblackburn.org_
## _Final remarks_
Despite the many financial challenges related to the pandemic, we were able to do much with less and still close the year in the positive. No salary was greater than £31735.96.
## Membership
Our regular membership to this date comprises 107 adults as well as 51 children and young people (not including those attending Beam). Due to the pandemic, there has been no new intake of voting members although new people have joined us online with a view to become members once the building reopens, while others left due to relocation.
## Trustees statement
We the Charity Trustees attest the Charity’s compliance with its constitution and the fulfilment of its objectives. For more information on our financial activities, please see the attached financial statement and the independent examiner’s report.
## Faithfully,
Simon Pastorello (on behalf of the Charity Trustees)
3
The Beacon Elim Churches
Statement of Financial Activities
for the year ended 31 December 2020
Total Funds
2020
Total Funds
2019
Notes
INCOME FROM
Donations
Designated donations
Charitable Activities
Church Manse's rent
78,817.45
2,733.69
29,300.13
5,842.60
116,693.87
100,561.23
2,926.77
7.748.46
5.480.25
116,716.71
EXPENDITURE ON
Charity's objectives
Governance costs
108.869.83
loo.00
108,969.83
112.967.30
loo.00
113,067.30
Net incomel{expenditurel
7,724.04
3,649.41
RECONCILIATION OF FUNDS
Total funds brought forward
42,344.37
38,694.96
TOTAL FUNDS CARRIED FORWARD
50,068.41
42,344.37
The Beacon Elim Churches
Balance Sheet
as at 31 December 2020
Total Funds Total Funds
2020
2019
Notes
CURRENT ASSETS
Cash at bank
50,282.69
50,282.69
42.370.37
42,370.37
CREDITORS
amounts falling due within one year
214.28
26.
NET CURRENT ASSETS
50,068.41
42.344.37
TOTALASSETS LESS CURRENT LIABILITIES
50,068.41
42,344.37
NET ASSErs
50,068.41
42.344.37
FUNDS
Unrestricted funds
50.068.41
42,344.37
TOTALFUNDS
50,068.41
42,344.37
The financial statements were approved by the Board of Trustees on 2 March 2021
were signed on its behalf by:
Simon Pastorello - Chairman
## **THE BEACON ELIM CHURCHES**
## **Notes to the Financial Statements for the Year Ended 31 December 2020**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Allocation and apportionment of costs**
Support costs directly attributable to an activity have been allocated to that activity. Where support costs cannot be directly attributed to any activity they have been allocated in proportion to direct expenditure.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
## **2. CHARITABLE ACTIVITIES**
||**2020**|**2019**|
|---|---|---|
||**£**|**£**|
|Donations (Central)|68,992.62|81,363.01|
|Donations (Shadsworth)|946.26|4,413.87|
|Gift Aid recovered|8,878.57|14,784.35|
|Youth donations
|
391.00|2,774.11|
|---|---|---|
|Missions donations|990.00|152.66|
|Livestream donations|1,352.69|-|
|Income for Charitable Activities|21,740.13|2,083.46|
|Income from Charitable Activities|7,560.00|5,665.00|
|Church Manse’s rent|5,842.60|5,480.25|
||116,693.87|116,716.71|
|**CHARITABLE ACTIVITIES COSTS**|||
||**2020**|**2019**|
||**£**|**£**|
|Staff costs|66,794.96|57,006.63|
|Children ministry|34.04|771.31|
|Youth ministry|320.00|3962.19|
|Shadsworth Campus|1,148.99|3,033.40|
|Charitable Activities|8,257.08|5,163.77|
|Building Project|2,547.00|2,759.50|
|Conferences|409.00|1,525.43|
|Internship|-|6,650.98|
|Training costs|584.00|914.91|
|Travel expenses|-|90.00|
|Visiting speakers|190.55|1,195.35|
|Missions|4,709.07|7,019.94|
|Admin costs|1,364.34|1,025.16|
|Advertising|329.09|22.00|
|Catering|234.00|1,424.69|
|Church Manse maintenance|4,072.72|-|
|Cleaning|1,029.25|1,933.58|
|Gas & Electricity|1,227.64|1,876.01|
|Insurance|1,563.02|2,762.89|
|Postage|5.35|22.90|
|Printing & Stationary costs|366.44|1,190.95|
|Repairs & Maintenance|1,387.12|2,865.50|
|Tech & Media|5,049.18|864.68|
|Telephone & Internet|440.80|506.28|
|Water|229.02|486.54|
|External Audit|100.00|100.00|
||108,969.83|113,067.30|
## **3. CHARITABLE ACTIVITIES COSTS**
## **4. TRUSTEES’ REMUNERATION AND BENEFITS**
No salary exceeds £31,834.00
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the period ended 31 December 2019.
Independe•)t Examlnerf5 Report
to the trustees of The Beacon, Ellrn Pentecostal Church, Bla¢kburn
I report to the trustees on my examination of the accounts of The Beacon, Elim Pentecostal Church,
Blackbljrn (the Trust) for the year erbded 31 December 2020.
Responslbllltles and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 IThe Act'l.
I report in respect of my examlnation of the Trusys accounts carried out under section 145 of the 2011
Act and in carrying out my examination I have followed all the applicable Directions given by the
Charity Commission under section 14515llbl of the Act.
lfidependent examlnerfs ststement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination which gives me cause to believe that in any material respert:
accounting records were not kept In accordance with sectSon 130 of the Act; or
*the accounts do not accord wrth the records.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in order to enable a proper understanding of the accounts to be
reached.
Signed..
Lt
Name: R Holt FCA
Address.. 47 Ashfield Road
Chorley
PR7 ILP
Date: 22 February 2021