## **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 2021** 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 ## Post-covid reopening After closing our Church building in March 2020 (moving the vast majority of our work online), we finally reopened our doors in August 2021 – progressively reimplementing all of our activities. Due to a wide range of reasons, there was still much hesitation among many about returning to inperson worship. This not only presented us with many logistical challenges, as our volunteers’ workforce was drastically reduced, but left us unsure as to who still belonged to our Church – as a number of people still did not notify us on the matter. Hence our plans to perform a membership review early in 2022. We also experienced significant financial challenges as our income through giving declined by around 20% during the pandemic. While this loss of income was off-set by the furlough scheme, the Church began to operate in deficit as soon as the scheme came to an end. Hence our plan to raise funds independently from giving by hiring out our building. This plan began to be implemented in early 2022, alongside considerable work to make the building suitable for external hire – which further eroded our financial cushion. ## Government The Constitutional affairs of the Church are carried out by our Trustees team, currently including Simon Pastorello (Ex-officio, Chair), Emmanuel Ofosu, David Hicken, Brenda George, Peter Warren, Geoff Shaw. Alongside them, the Leadership Team carries out the spiritual affairs of the Church. The team is currently made up of Simon Pastorello (Senior Leader), Emmanuel Ofosu (Assistant Pastor) and David Hicken – all of whom also sit as trustees of the Church. 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 Trustees. 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 weekly basis. Minutes of each meeting 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 and Children work 3. Youth work 4. Worship 5. Tech and Media 6. Stewarding 7. Health and safety 8. Buildings management 9. Dorcas Project 10. Over 50’s 2 ## Objectives and activities Our Church’s primary objective is _the advancement of the Christian faith_ . This we seek to fulfil by various activities, both at home and overseas through our Central Church and our Church-plant in Shadsworth. Unfortunately, our direct involvement in the community and among our members has been severely hindered by the pandemic, but it’s been resuming since our reopening in August. However, thanks to our livestreaming capabilities, we have still been able to fulfil all of our charitable objectives through 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 9. School work 10. Foodbank collections 11. Missionaries support ## _For a more detailed description of our activities, email us at info@thebeaconblackburn.org_ ## Membership Given the above-mentioned circumstances, it’s been difficult to assess our membership with precision. Our regular membership, prior to re-opening, comprised 107 adults as well as 51 children and young people (not including those attending Beam), but in-person attendance has decreased by around 50%. ## Financial overview Income through giving (Central) have further fallen by 4.12% in the year, from £63,170.62 in 2020 to £60,565.30 in 2021. The reason for this comparatively smaller margin is the fact that in December 2021 many responded to the Leadership’s financial appeal by making generous one-off donations that compensated for much of the considerable loss during 2021. Compared to pre-pandemic figures, income through giving (£75,765.01 in 2019) has fallen by 20.6%. No salary exceeds £33,444pa For more details, please see our financial statements. ## 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** ## Balance Sheet ## As at 31 December 2021 |Cash at bank and in hand
Prepayments
**Total Current Assets**
Accounts Payable
Accruals
Business Charge Cards
**Total Creditors: amounts falling due within one year**
**Net Current Assets (Liabilities)**
**Total Assets less Current Liabilities**
**Net Assets**
Current Year Earnings
Funds brought forward
**Total Funds of the charity:**
**Creditors: amounts falling due within one year**
**Funds of the charity:**
**Current Assets**|Total Funds
2021
Total Funds
2020
56,402.13
50,282.69
546.29
-| |---|---| ||56,948.42
50,282.69
273.75
214.28
1,186.27
-
157.63
-| ||1,617.65
214.28
55,330.77
50,068.41
55,330.77
50,068.41| ||55,330.77
50,068.41| ||5,262.36
7,724.04
50,068.41
42,344.37| ||55,330.77
50,068.41| The Financial Statements were approved by the Board of Trustees on ______________ and were signed on its behalf by: ## **The Beacon Elim Churches** ## Statement of Financial Activities For the year ended 31 December 2021 |||Total Funds|Total Funds| |---|---|---|---| ||Notes||| |||2021|2020| |**Income from**|2||| |Donations||76,582.87|81,551.14| |Charitable Activities||14,277.63|29,300.13| |Other trading activities||7,862.43|5,842.60| |||98,722.93|116,693.87| |**Expenditure on**|3||| |Charitable activities||93,460.57|108,869.83| |Governance costs||-|100.00| |||93,460.57|108,969.83| |**Net income/(expenditure)**||5,262.36|7,724.04| |**RECONCILIATION OF FUNDS**|||| |Total Funds brought forward||50,068.41|42,344.37| |**TOTAL FUNDS CARRIED FORWARD**||**55,330.77**|**50,068.41**| Independent Examin¢rfs Report to the trustee$ of Thè Beacon, Ellm Pentecostal Church, Blad(burn I report to the trustees on my examination of the accounts of The Beacon. Elim Pentec05tal Church. Blatkburn (the Trust) for the year ended 31 December 2021. Responslblllties and Imsls 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 (The ACVI. I report in respect of my examination of the Tru￿,$ accounts carrled 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 145{5llbl of the Act. Independent examlnees 5tstement 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 thai in any material respect.. 'accounting records were not kept in accordance with sertlon 130 of the Act: or *the accounts do not accord with the record5. I have no concerns and have come across no other matters in connection wwth the examination to which attention should ￿ drawn in order to enable a proper under5tandillg of the accounts to be reached. Si8ned: Name: R Holt FCA Address: 47 Ashfield Road Chorley PR7 ILP Date: 28 March 2022