COASTLANDS COMMUNITY CHURCH TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
Charity Number 1173996
ANTHONY BATTYE Chartered Accountant 47 Hadleigh Road Frinton on Sea Essex CO13 9HQ
COASTLANDS COMMUNITY CHURCH INDEX
| CONTENTS | PAGE |
|---|---|
| Trustees' report | 1/7 |
| Independent examiner's report | 8 |
| Statement of financial activities | 9/10 |
| Balance sheet | 11 |
| Notes to the financial statements | 12/18 |
COASTLANDS COMMUNITY CHURCH
TRUSTEES REPORT - 2023
Background to Charity:
Coastlands Community Church was formed as a Charitable Incorporated Organisation in July 2017, and it has been operational since 1[st] January 2018 when assets, liabilities and responsibilities of the previously unincorporated Coastlands Community Church (registered charity no. 1049163) were transferred to it. This former charity had been in existence since 1995.
Correspondence address of Charity:
Gothic Cottage, 32 Hall Lane, Walton-on-Naze, Essex CO14 8QA Telephone: 01255 677223 E-mail: coastlands.walton@gmail.com Website: www.coastlands.co.uk
Property owned by the Charity:
34 Newgate Street, Walton-on-Naze, Essex CO14 8AL
(Shop and office premises let to tenants)
Coastlands Community Centre
13 High Street, Walton-on-the-Naze, Essex CO14 8BN
Trustees: Mr D J Bradshaw (Treasurer) Mr L W Ball Mr J B Juby Mr M E Rowland Mrs S E Rowland
Bankers: National Westminster Bank Plc 10 Station Road, Clacton-on-Sea, Essex CO15 1TA
Kingdom Bank Ltd Ruddington Fields Business Park, Ruddington, Nottingham NG11 6JS
Accountant: Anthony Battye Chartered Accountant Russell Lodge, 47 Hadleigh Road, Frinton-on-Sea, Essex CO13 9HQ
Solicitors: Sparlings Solicitors 62a Connaught Avenue, Frinton-on-Sea, Essex CO13 9QH
Donations should be sent to:
The Treasurer Coastlands Community Church c/o 6 Greville Close Walton-on-the-Naze, Essex CO14 8HR
Cheques should be made payable to ‘Coastlands Community Church’. Please contact the Treasurer for details of how to make donations by bank payments.
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COASTLANDS COMMUNITY CHURCH
TRUSTEES REPORT - 2023
Affiliations and Organisations with whom the charity works:
Coastlands Community Church is a member of:
- (i) Evangelical Alliance
(176 Copenhagen Street, London N1 0ST).
-
(ii) thirtyone:8 (formerly known as Churches’ Child Protection Advisory Service) (PO Box 133, Swanley, Kent BR8 7UQ).
-
(iii) Frinton Area Churches Together
-
(69 Hadleigh Road, Frinton-on-Sea, Essex CO13 9HQ)
The church continues to support:
Walton & District Food Bank
(Walton Community Centre, Standley Road, Walton-on-Naze, Essex CO14 8PT).
The church has an informal partner church link with Kingdom Faith Church
(Foundry Lane, Horsham, West Sussex RH13 5PX).
Staffing and volunteers:
-
(i) The church employed one full-time and one part-time worker in church ministry during the course of the year.
-
(ii) The church relies on and is thankful for the voluntary help of many of its members in so many different ways. We consider that around 70 people assisted the church voluntarily during the year.
A number of homes were also freely offered for church activities and we are grateful for this help as well.
Objects of the Charity:
The objects of the Charitable Incorporated Organisation (as stated in the Constitution) are for the public benefit:
(1) to advance the Christian faith in accordance with the Statement of Faith, in Walton-on-theNaze, Essex and such other parts of the United Kingdom or the world as the Charity Trustees may from time to time decide; and
(2) to relieve persons who are in conditions of need, hardship or distress by reason of age, ill health, financial hardship, employment, education and such other social or economic disadvantage, in Walton-on-the-Naze, Essex and such other parts of the United Kingdom and the world as the Charity Trustees may from time to time decide.
In preparing this Report the Trustees have considered the Charity Commissioner’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. In particular we try to enable ordinary people to live out their faith as part of our community through: worship and prayer, learning about the Gospel, and developing their knowledge and trust in Jesus, missionary and outreach work.
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COASTLANDS COMMUNITY CHURCH
TRUSTEES REPORT - 2023
Appointment of Trustees
The management of the charity is the responsibility of the Trustees who are appointed under the terms of the Constitution.
Trustee induction and training
It is policy for new trustees to receive a copy of the Constitution together with details of the following Charity Commission Guides:
CC3: The Essential Trustee - What you need to know, what you need to do. CC3a: Charity Trustee – What’s involved.
CC11: Trustee expenses and payments.
Review of events of the year – 2023
-
The church continued to use digital technology as an option to reach both church members and the unchurched community. This included using the YouTube channel for showing sermons and Zoom for online meetings. There was also good use of the Coastlands website and Facebook pages.
-
The church continued to meet on Sunday mornings at the The Columbine Centre. Church members also met in small ‘Grow Groups’ either in homes, the Coastlands Community Centre or on Zoom.
-
The church based “Busybees” Parents and Toddlers group continued to meet at the Coastlands Community Centre in High Street, Walton. Important contact continues to be made through the work to parents, children and other family members living in the local area.
-
The church premises at 34 Newgate Street continued to be rented out through a letting agent to a local care agency business of good reputation. The rental income received was used to help fund church general activities.
-
Support of those involved in mission was shown by committing part of our general income towards Christian projects. This giving was directed through various channels of work as follows:
-
(i) The Rainbow Trust / Go Go Trust - supporting orphaned children and their “nanny” carers in projects in South Africa.
-
(ii) Open Doors – providing relief assistance to persecuted Christian refugees in Syria and others persecuted for their faith in other countries.
-
(iii) Christian Mission and Relief work in India – this included support for a Christian pastor and his wife who work amongst some of the poorest communities in India. From this couple a project called the “Living Hope Centres” continued. This project aims to provide basic foods,
-
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COASTLANDS COMMUNITY CHURCH
TRUSTEES REPORT - 2023
- (iv) medicines and self-support schemes. The Centres also combined this relief work with proclaiming the Gospel.
A special gift received in December 2020 of £26,514 for the work of the “Living Hope Centres” has been treated as Restricted Funds and is held in a reserve bank account for distribution for this specific purpose when required. At the end of December 2023 there remained a balance of £13,626 unspent.
-
(iv) The Garden Tomb – supporting the evangelistic work of The Garden Tomb in Jerusalem; a place where it is believed that Jesus may have been buried after his crucifixion.
-
(v) Mano&Mano Ministries – Donations were given to Mano & Mano Ministries in Ecuador to support the work of a Christian school.
-
(vi) Earthquake Appeal – Donations were received and subsequently passed on for emergency relief work in earthquake hit parts of Turkey and Syria.
-
(vii) Joseph Storehouse – who carry out humanitarian relief work in Israel for both Jews and Arabs.
-
The church supported the Frinton Mission (FM), held in August 2023. The Mission was organised by ‘Frinton Area Churches Together’ (FACT) of which the church is also a member.
-
The team of Elders continued to oversee the spiritual leadership of the church. This team consisted of Denis Bradshaw, Mark Rowland, Sarah Rowland and Joe Webster. Each of the Elders head up leadership teams called “Reaching Up”, Reaching Out”, Reaching In” and “Support” Teams.
-
The church spiritual leadership have concentrated on the training of church members through the different church teaching and preaching programmes. Mr Mark Rowland remains the Pastor of the church. Mrs Sarah Rowland acts as Associate Pastor.
-
The church organised “Alpha” courses for adults along with a “Youth Alpha” course. Alpha is aimed to attract people who want to explore the Christian faith.
-
A Child Protection Policy was maintained by the church with assistance from thirtyone:8 The Safeguarding Policy and Procedures were fully reviewed and up-dated by our Safeguarding Co-ordinator.
-
The church continued an informal church partner link with Kingdom Faith (KF). Coastlands church leaders and members attended events organised by KF during the year including Leadership Conferences, online prayer meetings, training courses and streaming services.
-
The church participated with support for the Walton & District Food Bank that serves those needy in the local community. Food donations were collected at church and financial donations were also passed on to this project.
-
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COASTLANDS COMMUNITY CHURCH
TRUSTEES REPORT - 2023
-
The church ran a youth games and creative arts project called “Ignite”. The Ignite workers and volunteers also continued to run the weekly church children’s work called “Ignite Sunday”. A monthly church youth worship event continued called “Heart & Soul” – see also funding of self-employed Ignite workers in Note 16 below.
-
The remainder of a legacy received from a benefactor associated with Coastlands Community Church remains in an investment account with Kingdom Bank. The church trustees and elders have considered on an ongoing basis how this money could be used. If necessary, it had been decided that the funding of the self-employed Ignite workers should come from reserves held from the legacy money. Reserves had also been earmarked to help fund the Church Centre Building Project (see note 20).
-
A “Partners” scheme continued during the year in order to establish a formal framework of church supporters for the work of the church. Communications to Partners had been maintained during the year with the use of meetings, emails, letters and other digital means.
-
Coastlands Community Centre continues to be used for various church activities such as church services, Busybees, Ignite, Companion’s Café, Alpha, Community Events, Prayer meetings and Partners meetings. The Centre continues to be a very useful resource for the church.
-
A “Companion’s Café” continued to meet at the church centre. These were weekly meetings for lonely adults aged 55 or over. Refreshments and social activities were provided by a team of church volunteers. It also became a “Warm Hub” by providing a heated environment for those struggling with energy poverty.
-
Architects and building regulation agent’s services were used to finalise plans for 2 extensions to the Coastlands Community Centre building. Planning Approval had been received in 2022. Tenders were invited for the building project from 4 building contractors and 3 had submitted their tenders.
Grant applications were made to various appropriate local authority and grant making trusts to seek assistance in funding this project. In December 2023, a grant of £10,000 was received from the Communities Investment Fund (CIF). Further grants are expected to be received.
Future Plans – 2024
-
To further progress the plans to modernise and extend the facilities at the Coastlands Community Centre by the building of a front extension and rear extension.
-
To continue with the established team of church Elders to maintain spiritual leadership, assist the pastor and associate pastor and to provide a secure framework and guide in the vision of the church. The Elders and Pastors will also look to raise up and encourage new people for the established leadership teams of “Reaching Up”, “Reaching Out”, “Reaching In” and “Support” teams.
-
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COASTLANDS COMMUNITY CHURCH
TRUSTEES REPORT - 2023
-
To train, support and encourage the members in the congregation. To maintain the unity of the whole Coastlands church by continuing in its online and in-person (where possible) meetings, Grow Groups and other activities.
-
To continue to develop a vision to reach the community of people who live in Walton and surrounding areas.
-
To continue the work of “Busybees” parent and toddler group in the area of Walton.
-
To continue the work of the “Companion’s Café” in the Walton area.
-
To build on the unity with other local churches and their leaders wherever possible including participation in the ‘Frinton Area Churches Together’ organisation and Frinton Mission.
-
To continue leading “Alpha” courses in Walton.
-
To support church mission both locally and overseas.
-
To continue the links with Kingdom Faith Church (KF) and connect into the ministry resources made available by them.
-
To continue with the youth and children’s ministries of “Ignite” and “Heart & Soul” based in Walton.
-
To continue in the support of the Walton & District Food Bank.
Trustee’s responsibilities
Under the Charities Act 2011, the Trustees are required to prepare statement of accounts for each financial year which gives a true and fair view of the state of affairs of the Charity at the end of the financial year and of the incoming resources and application of resources in the year. In preparing the statement, the Trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the statement of accounts;
-
prepare financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue its operations.
-
6 -
COASTLANDS COMMUNITY CHURCH
TRUSTEES REPORT - 2023
The Trustees are responsible for keeping proper records which disclose with reasonable accuracy at any time the financial position of the Charity at that time and to enable the Trustees to ensure that any statement of account prepared by them complies with the regulations under the Charities Act 2011. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on 23 October 2024 and signed on their behalf by:
Mr J B Juby (Chairman)
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COASTLANDS COMMUNITY CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF COASTLANDS COMMUNITY CHURCH
I have examined the accounts of Coastlands Community Church for the year ended 31 December 2023 which are set out on pages 9 to 18.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
Examine the accounts under section 145 of the 2011 Act;
-
To follow the procedures laid down in the general Directions given by the Charity Commission under **section 145(5)(b) of the 2011 Act; and
-
To state whether particular matters have come to my attention.
Basis of independent examiner's 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 by those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking 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
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with s130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting *requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
ANTHONY BATTYE Chartered Accountant 47 Hadleigh Road Frinton on Sea Essex CO13 9HQ
24 October 2024
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COASTLANDS COMMUNITY CHURCH STATEMENT OF FINANCIAL ACTIVITIES (incorporating income and expenditure account) YEAR ENDED 31 DECEMBER 2023
| Note 2 2 TOTAL INCOMING RESOURCES 3 4 5 6 7 8 9 10 11 12 13 15 TOTAL RESOURCES EXPENDED Transfers between funds NET (DEFICIT)/INCOME FOR THE YEAR NET MOVEMENT IN FUNDS FOR THE YEAR Funds brought forward TOTAL FUNDS AT 31 DECEMBER 2023 NET (DEFICIT)/INCOME BEFORE TRANSFERS Evangelism and training costs Specific donations and affiliation fees Other donations and gifts Supported groups Supported individuals Special expenditure Administration and other expenditure Repairs and maintenance Depreciation Building costs INCOMING RESOURCES Incoming resources from generated funds Offerings, standing orders received Rental income Bank interest received RESOURCES EXPENDED UK Staffing costs Ministry costs Property rental expenses Grants and donations(Building Project) |
Unrestricted Funds 2023 £ 78510 A - 9252 B 3779 C 91541 855 40332 F 30118 G 15014 H 8496 I 812 K 274 L 1374 M - N 3400 O 7068 J 482 Q 4963 R 113188 (21647) - (21647) (21647) 264101 242454 |
Restricted Funds 2023 £ 20352 11536 - - 31888 - - - 2125 - - - - - 20352 - - - 22477 9411 - 9411 9411 53347 62758 |
Restricted Funds 2023 £ 20352 11536 - - 31888 - - - 2125 - - - - - 20352 - - - 22477 9411 - 9411 9411 53347 62758 |
Total Funds 2023 £ 98862 11536 9252 3779 123429 855 40332 30118 17139 8496 812 274 1374 - 23752 7068 482 4963 135665 (12236) - (12236) (12236) 317448 305212 |
Total Funds 2022 £ |
Total Funds 2022 £ |
|---|---|---|---|---|---|---|
| 87821 - 9252 1010 98083 854 37797 27444 16828 6604 432 419 1239 - 29209 6087 214 6966 134093 (36010) - |
||||||
| (36010) (36010) 353458 317448 |
The Statement of Financial Activities includes all gain and losses recognised in the year.
The notes on pages 12 to 18 form part of these financial statements.
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COASTLANDS COMMUNITY CHURCH 34 NEWGATE STREET RENTAL ACCOUNT YEAR ENDED 31 DECEMBER 2023
| COASTLANDS COMMUNITY CHURCH 34 NEWGATE STREET RENTAL ACCOUNT YEAR ENDED 31 DECEMBER 2023 |
|
|---|---|
| 2023 Note £ £ 9252 - 832 788 (765) Total expenses 855 8397 Expenses Letting Management fees Insurance Income Newgate Street - Rental income Insurance reimbursement Net rental income |
2022 £ £ |
| 9252 - 833 705 (684) 854 8398 |
All surpluses from rental of property are made available for the sole use and purposes of Coastlands Community Church.
- 10 -
COASTLANDS COMMUNITY CHURCH BALANCE SHEET AS AT 31 DECEMBER 2023
| 2023 Note £ 15 50748 16 6877 249388 256265 17 (1801) 254464 305212 18 242302 Designated funds 18 152 18 62758 305212 Restricted funds NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CHARITY FUNDS Unrestricted funds Cash at bank and in hand CREDITORS: Amounts falling due within one year FIXED ASSETS Tangible Assets CURRENT ASSETS Debtors |
2022 £ |
2022 £ |
|---|---|---|
| 54756 8239 255494 263733 (1041) 262692 317448 263949 152 53347 317448 |
Approved by the Trustees on 23 October 2024 and signed on their behalf by
Mr J B Juby Chairman
Mr D J Bradshaw Treasurer
The notes on pages 12 to 18 form part of these financial statements.
- 11 -
COASTLANDS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023
1 ACCOUNTING POLICIES
Basis of preparation of the financial statements
The financial statements have been prepared under the historical cost convention, and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and with the Charities Act 2011.
Funds
Unrestricted funds are donations and other income received or generated for the objects of the charity without further specified purposes and are available as general funds.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are to be used for specified purposes as laid down by the donor. Expenditure which meets these criteria is identified to the fund.
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of the asset as follows:
Freehold property - nil (on the basis it is kept in good condition) Equipment etc - 33% of written down value
Incoming resources
Voluntary income received by way of donations and gifts and is included in full in the statement of financial activities when received.
Where applicable, voluntary income is stated inclusive of any related gift aid.
Income from investments is recognised when received.
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COASTLANDS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023
2 Offerings, standing orders received
| 2 Offerings, standing orders received |
||
|---|---|---|
| Unrestricted Funds 2023 £ Church collections/offerings 62436 Income tax recovered -Gift Aid 14903 Sundry donations/receipts 13 Table Top Sale - Receipts 50 Light College - donations received - Companions Cafe - Receipts 208 Alpha receipts 50 Spring Fayre - receipts - Jubilee Event receipts - Amazing Grace Event receipts - Ukraine Crisis Appeal receipts - Autumn / Christmas Fayre income 340 India Mission relief - GoGo Trust Donations rec'd 360 Donations Received - Heart & Soul 50 Earthquake Appeal receipts - Donations Received - Busybees 100 78510 Donations - Centre Building Project - Grants received Centre Building Project - 78510 3 Unrestricted Funds 2023 Staff Pension Scheme - NEST 2713 Salaries 33445 HMRC PAYE Tax/Employee's NI 4174 40332 4 Unrestricted Funds 2023 Heart & Soul youth meetings - Ignite workers 23588 Ignite Sundays - Ignite Creative Nights - Ignite expenses 3196 Pastors / Elders - other expenses 463 Travel / Car Expenses (Staff) - Travel / Car Expenses (Pastors/Elders) 1104 Visiting Speakers 550 Worship Expenses 367 Streaming Services 514 Sunday School/Creche 15 Child Protection 321 30118 Ministry costs UK Staffing costs The average number of employees during the year amounted to 2 (2022- 2) Grants and donations (Building Project) |
Restricted Funds 2023 Total Funds 2023 £ £ - 62436 - 14903 - 13 - 50 - - - 208 - 50 - - - - - - - - - 340 19352 19352 - 360 - 50 1000 1000 - 100 20352 98862 1536 1536 10000 10000 31888 110398 Restricted Funds 2023 Total Funds 2023 - 2713 - 33445 - 4174 - 40332 Restricted Funds 2023 Total Funds 2023 - - - 23588 - - - - - 3196 - 463 - - - 1104 - 550 - 367 - 514 - 15 - 321 - 30118 |
Total Funds 2022 £ |
| 61475 12231 48 65 125 23 240 241 363 867 4125 150 7508 360 - - - |
||
| 87821 - - |
||
| 87821 | ||
| Total Funds 2022 |
||
| 2569 31384 3844 37797 |
||
| Total Funds 2022 |
||
| 387 20620 446 677 2265 167 73 975 325 307 875 - 326 27444 |
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COASTLANDS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023
5 Building costs
| 5 Building costs |
|||
|---|---|---|---|
| Unrestricted Funds 2023 £ 78 - 656 462 993 1619 234 341 463 9200 Gothic Cottage Expenses 968 15014 6 Unrestricted Funds 2023 £ Church Publicity 125 Light College - expenditure 130 Look Magazine advert 840 Outreach - general 2350 Alpha course expenses 2644 Freedom in Christ receipts - A Outreach - Walton 70 AA Outreach - Frinton 433 C Training 1190 Conferences / Retreats 714 8496 7 Unrestricted Funds 2023 £ W Donations - All Nations 100 Donations - Kingdom Faith 450 Membership Fees 262 812 8 Unrestricted Funds 2023 £ General Donations & Gifts Paid 274 Other donations and gifts Specific donations and affiliation fees Evangelism and training Columbine Centre - Hire of Halls Church Centre - Telephone / Bband Church Centre - Insurance Church Centre - Architects fees etc Church Centre - Pest Control Church Centre - Water & Sewerage Church Centre - Gas Church Centre - Electricity Church Centre - Household etc Church Centre - Repairs etc |
Restricted Funds 2023 £ - 2125 - - - - - - - - - 2125 Restricted Funds 2023 £ - - - - - - - - - - - Restricted Funds 2023 £ - - - - Restricted Funds 2023 £ - |
Total Funds 2023 £ 78 2125 656 462 993 1619 234 341 463 9200 968 17139 Total Funds 2022 £ 125 130 840 2350 2644 - 70 433 1190 714 8496 Total Funds 2023 £ 100 450 262 812 Total Funds 2023 £ 274 |
Total Funds 2022 £ |
| 108 2444 415 598 636 1423 165 308 422 9200 1109 |
|||
| 16828 | |||
| Total Funds 2022 £ |
|||
| - 325 965 1597 2057 - 503 300 411 446 6604 |
|||
| Total Funds 2022 £ |
|||
| - 200 232 432 |
|||
| Total Funds 2022 £ |
|||
| 419 |
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COASTLANDS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023
9 Supported groups
| Busybees Group Companions Cafe Table Top Sale - expenses Ukraine Crisis Appeal grants Spring Fayre - expenditure Jubilee Event Amazing Grace event - expen Garden Tomb, Jerusalem India Mission Relief Mano & Mano Ministries Donations - Joseph Storehou Earthquake Appeal - paymen Autumn / Christmas Fayre expenses Open Doors GoGo Trust - General donations Olive Tree Rec Fund Supported individuals Special expenditure |
Unrestricted Funds 2023 £ 1374 Unrestricted Funds 2023 £ Unrestricted Funds 2023 £ 204 175 - - - - 240 1620 200 100 - 251 250 360 - 3400 |
Restricted Funds 2023 £ - Restricted Funds 2023 £ Restricted Funds 2023 £ - - - - - - - 19352 - - 1000 - - - - 20352 |
Total Funds 2023 £ 1374 Total Funds 2023 £ Total Funds 2023 £ 204 175 - - - - 240 20972 200 100 1000 251 250 360 - 23752 |
Total Funds 2022 £ |
|---|---|---|---|---|
| 1239 | ||||
| Total Funds 2022 £ Total Funds 2022 £ |
||||
| 49 - 4165 270 720 1273 240 21296 171 - - 315 250 360 100 29209 |
||||
10 Supported individuals
11 Special expenditure
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COASTLANDS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023
12 Administration and other expenditure
| Telephones / Broadband etc. Stationery & Printing Postage Accountancy Words/Music Copyright Refreshments/Hospitality Relief of Poor General Insurances D General Events Computer Services Sundry expenses Household & Cleaning |
Unrestricted Funds 2023 £ 647 663 - 662 510 1712 1338 635 549 324 28 - 7068 |
Restricted Funds 2023 £ - 1 - 2 - 3 - 4 - 6 - 7 - 8 - 13 - 16 - 21 - 22 - - |
Total Funds 2023 £ 647 663 - 662 510 1712 1338 635 549 324 28 - 7068 |
Total Funds 2022 £ |
|---|---|---|---|---|
| 467 286 15 639 476 1796 1139 602 144 453 25 45 6087 |
||||
13 Repairs and Maintenance
| Unrestricted Funds 2023 £ W Repairs & Maintenance 482 |
Restricted Funds 2023 Total Funds 2023 £ £ - 482 |
Total Funds 2022 £ |
|---|---|---|
| 214 |
- 16 -
COASTLANDS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023
14 NET INCOME
Net income is stated after charging/(crediting)
| Net income is stated after charging/(crediting) | ||
|---|---|---|
| Depreciation Independent Examiners fees |
2023 £ 4963 662 |
2022 £ |
| 6966 639 |
During the year, two Trustees received remuneration totalling £39169 (2022 - £36695). See Note 3
The Pastor and Associate Pastor were appointed as trustees on 21 July 2022, notwithstanding that they would continue to be paid at their previous remuneration rates. The trustees had regard to the requirements of the Constitution when making these appointments and are satisfied that those requirements are met. See also Trustees Report.
On 22 November 2019, prior to being appointed Trustees on 21 July 2022, the Pastor and Associate Pastor were given an interest free staff car loan of £6500 repayable by equal monthly instalments over 5 years.
During the year, no Trustee received any benefits in kind excepting as set out above (2022- nil). During the year, no Trustee received reimbursement of any expenses (2022 - nil).
15 TANGIBLE FIXED ASSETS
| TANGIBLE FIXED ASSETS | ||||
|---|---|---|---|---|
| Cost at 1 January 2023 Additions Cost at 31 December 2023 Depreciation at 1 January 2023 Charge for the year Depreciation at 31 December 2023 Cost at 31 December 2023 |
Total £ £ £ 40822 56266 97088 - 955 955 40822 57221 98043 - 42332 42332 - 4963 4963 - 47295 47295 40822 9926 50748 Land and buildings Church Furniture, fittings and equipment |
|||
| Cost at 31 December 2022 | 40822 | 13934 | 54756 |
On 1 December 2020 the church property at 13, High Street, Walton on The Naze was transferred by Hebron Pentecostal Church to Coastlands Community Church at no cost. The building is to continue to be used as a Community Centre, Place of Worship and Christian gospel activities. Taking into account that the property is both non-commercial and non-residential the trustees estimate the value of the property to be in the region of £100,000 (2022 - £100,000)
16 DEBTORS
| DEBTORS | ||
|---|---|---|
| 2023 £ 4580 1188 - 1109 6877 2023 £ 1801 Other loans Staff loan Accruals Income tax recoverable (Gift Aid) Prepayments CREDITORS |
2022 £ |
|
| 3532 | ||
| 2484 | ||
| 500 | ||
| 1723 | ||
| 8239 | ||
| 2022 £ |
||
| 1041 |
17 CREDITORS
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COASTLANDS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023
18 STATEMENT OF FUNDS
| STATEMENT OF FUNDS | |||
|---|---|---|---|
| Brought forward Incoming resources £ £ 263949 91541 Unrestricted funds - designated 152 - Restricted funds - Church premises 29066 - Restricted funds - New building fund 10085 11536 Restricted funds -Timothy fund 570 - Restricted funds -Living Hope Centres India 13626 19352 Restricted funds -Specific gifts - 1000 317448 123429 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted funds - designated Restricted funds - Church premises Restricted funds - Living Hope Centres India Restricted funds - New building fund Restricted funds - Timothy fund Unrestricted funds Unrestricted funds |
Resources Expended £ (113188) - - (2125) - (19352) (1000) (135665) Tangible fixed assets £ 21682 - 29066 - - |
Transfers in/out £ - - - - - - - |
Carried forward £ 242302 152 29066 19496 570 13626 - |
| - | 305212 Total Funds £ 242302 152 29066 13626 19496 570 305212 |
||
| Net Current assets £ 220620 152 - 13626 19496 570 254464 |
|||
| 50748 |
19 ANALYSIS OF NET ASSETS BETWEEN FUNDS
20 PURPOSE OF FUNDS
Unrestricted fund
General funds - to cover running costs.
Designated funds
From a gift received in 2014 a sum of £2,000 has been designated by the Trustees in 2015 towards the New Building Fund.
The balancing sum of £4500 represents the balance of a legacy which has been designated by the Trustees towards the New Building Fund.
Restricted funds
During 2020 the church received a one off donation for £26,514 for the specific purpose of assisting the work of Living Hope Centre in India (see Trustees Report).
In 2012 the church received a donation of £10,500, specifically towards the New Building Fund. In 2023 a grant of £10000 and donations of £1,536 were received. Further grants are expected in 2024 (of which £63,000 has been received to date).
The charity received gifts and grants during 1999 to specifically fund the continued setting up and refurbishment costs of the premises at 34 Newgate Street Walton on Naze, which comprised a Charity Shop, Drop-in Centre, Prayer Centre and Church Offices. The premises have been rented out to commercial tenants since mid 2013. The 1999 receipts of £29,066 have been allocated in the accounts as Restricted Funds.
21 RELATED PARTY TRANSACTIONS
There were no related party transactions in the year ended 31 December 2023 (2022- None)
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