## **Lincoln Road Chapel** ## **Trustees Annual Report for year ending 31[st] December 2020** ## **Aim and Purposes** The principal purpose of the Church is the advancement of the Christian faith in accordance with Membership Fundamentals. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world. The Trustees are also specifically responsible for the maintenance of the Church buildings, the manse at 70 Sutherland Road and the adjacent flats (Beaufort House) at 442 Lincoln Road. ## **Objectives and Activities** The Trustees are committed to enabling as many people as possible to worship at our church and to become part of the community at LRC. The Trustees maintain an overview of worship in the Church and make suggestions on how our services can involve the many groups that live within the local area. Our service and worship put faith into practice through prayer and Scripture, music and teaching. When planning our activities for the year, the Trustees have considered the Charity Commission guidance on public benefit, and in particular, the guidance on charities for the advancement of religion. To this end we try to enable ordinary people to live out their faith as part of our church community through: - Regular public worship, prayer, Bible study, preaching and teaching; - Communion of the Lord’s Supper which shall normally be observed once a week; - Evangelism and mission, locally, regionally, nationally and internationally; - Nurture and growth of Christian disciples; - Giving and encouraging pastoral care; - Supporting and encouraging charitable social action in the United Kingdom and abroad; - Encouraging relationships with and supporting other Christians. To facilitate this work it is important that we maintain the fabric of the Church and buildings ## **Achievements and Performance** ## _**Worship and Prayer**_ The Trustees were keen to offer a range of services during the week and over the course of the year that our community find both beneficial and spiritually fulfilling. This includes Bible Study and Prayer Meetings for committed Christians, Gospel and outreach meetings for those exploring the faith and Youth meetings for various age groups All this dramatically changed on 23[rd] March after the first Stay at Home Order (or Lockdown). On the first Sundays of January to March we held a Family Service, which was followed by a Fellowship Meal in the Rear Hall, in an attempt to encourage more Families to hear the Gospel. Again, this was stopped by the Lockdown. **Page 1** ## **Lincoln Road Chapel** ## **Trustees Annual Report for year ending 31[st] December 2020** On the 13[th] April the Church published its first online meeting on You Tube, we also started a weekly Zoom Meeting for Prayer and Bible Study. Lastly a WhatsApp Group and Weekly Newsletter was started to circulate prayer requests and keep the congregation in touch and aware of developments. At present the Church has 44 members. ## _**The Church Building**_ We were pleased to be able to undertake the redecoration of the Rear Hall prior to Lockdown curtailing further projects. ## _**Pastoral Care**_ Prior to Lockdown the Rear Hall was used by our Toddlers Group on Thursday. We had approximately 20 children for each session (morning and afternoon) with a waiting list for the morning session. We ran Online Family Church Meetings twice in 2020 on a Saturday. This involved craft activities for the Children, songs, and a short talk . An activities bag was circulated to the Children prior to the Meeting being published on YouTube. For those members of the Church with no Internet access, the Newsletters and DVDs of the Online Service were circulated to them. Pastor Paul Fellows undertook home and hospital visits where this did not contravene COVID regulations. ## _**Mission and Evangelism**_ We demonstrated our faith by giving to those in need. Although the Church does not take a collection there were boxes at the back of the Church for those who wished to donate in that way. Any donations made to the Church on the 1[st] Sunday of each month were given to charitable causes. Regular recipients included Tear Fund, FEBA Radio, CAM International and Open Doors UK. The Church also responded to specific appeals. We continued to support these causes throughout the pandemic, using general funds as 1st Sunday collections had ceased. ## _**Financial Review**_ The Church Finances remained in a satisfactory position. The assembly continues to be dependent on donations made by the Church members and other donors, which for the year ending 31[st] December 2020 totalled £47,568. Other income gained was from Rental Income for Beaufort House (£7,440), Gift Aid receipts (£9,124) and Interest on investments (£397). Whilst total income was down on the previous year, not least because of the pandemic, at £64,529 (2019 - £71,035) our outgoings were also greatly reduced for the same reason. As a result, we had an excess of receipts over payment of £12,651. **Page 2** ## **Lincoln Road Chapel** ## **Trustees Annual Report for year ending 31[st] December 2020** ## _**Reserves Policy**_ The Trustees agreed to maintain a balance of £20,304 in the reserve fund, this being part of the £35,000 currently held in National Savings income Bonds. This equates to at least three months unrestricted payments ## _**Volunteers**_ The work was sustained by the good will of the members who give of their time, skills and money so willingly to enable this ministry to continue. ## _**Structure, governance and management**_ The Lincoln Road Chapel is a registered charity (Number 1175925). The Churches Constitution (which includes the fundamental beliefs) details the management and governance of the church. The governing body of the church is the board of trustees, currently comprising of four people. The Charity Trustees are responsible for the governance and daily running of the Church acting according to the will of God as discerned by the Church Members’ Meeting and subject to any specific or general directions of the Church Members’ Meeting. The Trustees normally meet six times a year to discuss matters arising from the day to day running of the church. After Lockdown, Trustee Meetings continues online on a weekly basis to reflect the rapidly changing situation. In regard to spiritual matters, the pastor and elders may provide guidance and advice as may be necessary from time to time. The full membership of the church only met once in 2020. ## _**Administrative information**_ |**Trustees**|Paul Fellows (Pastor)| |---|---| ||Alan Bocock (Treasurer)| ||Richard Fellows (Treasurer)| ||Sathulu Chilongo| |**Correspondence address**|70 Sutherland Road| ||Edmonton| ||N9 7QG| |**Independent Examiner**|Renata Stamoulis MA, MICB Dip.PM Dip| ||24 Apple Grove| ||Enfield| ||EN1 3DD| ## _**Approved by the Trustees on 25[th] October 2021 and signed on their behalf by Pastor Paul Fellows**_ **Page 3** ## **Lincoln Road Chapel** ## _**Financial Statements for the year ending 31st December 2020**_ ## **Statement of Financial Activities** |**Statement of Financial Activities**|| |---|---| ||**Unrestricted**
**Restricted**
**Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**total funds**| |**Incoming resources**
Incoming resources from generated funds
Voluntary income
Investment income
Other incoming resources
**Total income**
**Resources used**
Charitable activities
**Total expenditure**
**Net income / (expenditure) resources before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**
**Represented by**
**Unrestricted**
General fund
**Designated**
Beaufort House Fund
Benevolent Fund
Bengali Christian Ministry
Building Renovation Fund
Manse Fund
Missionary
Mothers and Toddlers
Outreach Fund
Reserve Fund
Youth Fund|56,692
—
—
56,692
63,217
396
—
—
396
414
7,440
—
—
7,440
7,404| ||**64,529**
**—**
**—**
**64,529**
**71,035**
51,878
—
—
51,878
47,548| ||**51,878**
**—**
**—**
**51,878**
**47,548**| ||**12,651**
**—**
**—**
**12,651**
**23,486**
1,300
—
—
1,300
8,689
(1,300)
—
—
(1,300)
(8,689)| ||**12,651**
**—**
**—**
**12,651**
**23,486**| ||**78,151**
**—**
**—**
**78,151**
**54,665**| ||**90,802**
**—**
**—**
**90,802**
**78,151**
38,538
—
—
38,538
25,830
5,625
—
—
5,625
4,791
505
—
—
505
285
296
—
—
296
410
14,082
—
—
14,082
14,972
9,208
—
—
9,208
7,987
374
—
—
374
423
548
—
—
548
622
165
—
—
165
513
20,304
—
—
20,304
20,304
1,153
—
—
1,153
2,010| **Page 4** ## **Balance Sheet** |**Balance Sheet**||| |---|---|---| ||**This year**|**Last year**
35,000
43,151
78,151
**78,151**
**78,151**
**78,151**
25,830
20,304
14,972
285
410
513
622
2,010
423
4,791
7,987
**78,151**| |
**Current assets**
Investments
Cash at bank and in hand
**Net current assets less current liabilities**
**Total assets less current liabilities**
**Total net assets less liabilities**
**Represented by**
**Unrestricted**
Unrestricted - General fund
**Designated**
Designated - Reserve Fund
Designated - Building Renovation Fund
Designated - Benevolent Fund
Designated - Bengali Christian Ministry
Designated - Outreach Fund
Designated - Mothers and Toddlers
Designated - Youth Fund
Designated - Missionary
Designated - Beaufort House Fund
Designated - Manse Fund
**Funds of the church**|
35,000
55,802
90,802
**90,802**
**90,802**
**90,802**
38,538
20,304
14,972
505
296
165
548
1,153
374
5,625
9.208
**90,802**|| ## **Statement of assets and liabilities** ||**General Designated**
**Restricted Endowment**
**This year **
**Last year **| |---|---| |**Current assets - Cash at bank and in**
**hand**
Bank current account -
Bank reserve account -
Kingdom Bank -
**Totals**
**Current assets - Investments**
NS&I Income Bonds -
**Totals**
**Grand total**|46,094
3,718
—
—
49,813
37,167
(1,431)
7,421
—
—
5,989
5,984
(6,124)
6,124
—
—
—
—| ||**38,538**
**17,264**
**—**
**—**
**55,802**
**43,151**
—
35,000
—
—
35,000
35,000| ||**—**
**35,000**
**—**
**—**
**35,000**
**35,000**| ||**38,538**
**52,264**
**—**
**—**
**90,802**
**78,151**| **Current assets - Cash at bank & in hand** **Page 5** ## **Fund movement by type** |**Fund movement by type**|| |---|---| ||**Opening**
**Incoming**
**Outgoing**
**Transfers Gains/losses**
**Closing**| |**BCM - Bengali Christian Mi**
Designated
**Sub-total for BCM**
**CommFD - Outreach Fund**
Designated
**Sub-total for CommFD**
**General - General fund**
Unrestricted
**Sub-total for General**
**SunSch - Sunday School**
Designated
**Sub-total for SunSch**
**MothTodd - Mothers and Toddlers**
Designated
**Sub-total for MothTodd**
**Youth - Youth Fund**
Designated
**Sub-total for Youth**
**Mission - Missionary**
Designated
**Sub-total for Mission**
**Beaufort - Beaufort House Fund**
Designated
**Sub-total for Beaufort**
**Manse - Manse Fund**
Designated
**Sub-total for Manse**
**Reserve - Reserve Fund**
Designated
**Sub-total for Reserve**
**Building - Building Renovation**
Designated
**Sub-total for Building**
**Bene - Benevolent Fund**
Designated
**Sub-total for Bene**
**Grand total**|410
—
314
200
—
296| ||**410**
**—**
**314**
**200**
**—**
**296**
513
—
347
—
—
165| ||**513**
**—**
**347**
**—**
**—**
**165**
25,830
52,294
38,286
(1,300)
—
38,538| ||**25,830**
**52,294**
**38,286**
**(1,300)**
**—**
**38,538**
—
—
—
—
—
—| ||**—**
**—**
**—**
**—**
**—**
**—**
622
241
314
—
—
548| ||**622**
**241**
**314**
**—**
**—**
**548**
2,010
100
957
—
—
1,153| ||**2,010**
**100**
**957**
**—**
**—**
**1,153**
423
1,984
3,132
1,100
—
374| ||**423**
**1,984**
**3,132**
**1,100**
**—**
**374**
4,791
3,720
2,885
—
—
5,625| ||**4,791**
**3,720**
**2,885**
**—**
**—**
**5,625**
7,987
3,720
2,499
—
—
9,208| ||**7,987**
**3,720**
**2,499**
**—**
**—**
**9,208**
20,304
—
—
—
—
20,304| ||**20,304**
**—**
**—**
**—**
**—**
**20,304**
14,972
500
1,390
—
—
14,082| ||**14,972**
**500**
**1,390**
**—**
**—**
**14,082**
285
1,970
1,750
—
—
505| ||**285**
**1,970**
**1,750**
**—**
**—**
**505**| ||**78,151**
**64,529**
**51,878**
**—**
**—**
**90,802**| **Page 6** ## **Analysis of Income and Expenditure** |**Unrestricted Designated**
**Restricted**
**Endowment**
**This year**
**Last year**
**INCOME AND ENDOWMENTS**
**_Incoming resources from generated funds - Voluntary income_**
0101 - Gift Aid Standing Order
19,860
200
—
—
20,060
21,070
0102 - Gift Aid Bank Transfer
2,528
212
—
—
2,740
—
0110 - Gift Aid Envelope scheme
10,222
910
—
—
11,132
15,325
0120 - Church offerings
5,454
1,602
—
—
7,056
8,674
0302 - Sunday school collections
—
—
—
—
—
19
0303 - Sundry collections
209
241
—
—
450
1,887
0601 - Income tax recovered
9,124
—
—
—
9,124
11,140
0850 - Special Gift Non Gift Aid
4,500
130
—
—
4,630
1,100
0851 - Special Gift Gift Aid
—
1,500
—
—
1,500
4,000
Total
51,897
4,795
—
—
56,692
63,217
**_Incoming resources from generated funds - Investment income_**
1020 - Interest received
396
—
—
—
396
414
Total
396
—
—
—
396
414
**_Other incoming resources_**
1030 - Rent
—
7,440
—
—
7,440
7,404
Total
—
7,440
—
—
7,440
7,404|**Unrestricted Designated**
**Restricted**
**Endowment**
**This year**
**Last year**
**INCOME AND ENDOWMENTS**
**_Incoming resources from generated funds - Voluntary income_**
0101 - Gift Aid Standing Order
19,860
200
—
—
20,060
21,070
0102 - Gift Aid Bank Transfer
2,528
212
—
—
2,740
—
0110 - Gift Aid Envelope scheme
10,222
910
—
—
11,132
15,325
0120 - Church offerings
5,454
1,602
—
—
7,056
8,674
0302 - Sunday school collections
—
—
—
—
—
19
0303 - Sundry collections
209
241
—
—
450
1,887
0601 - Income tax recovered
9,124
—
—
—
9,124
11,140
0850 - Special Gift Non Gift Aid
4,500
130
—
—
4,630
1,100
0851 - Special Gift Gift Aid
—
1,500
—
—
1,500
4,000
Total
51,897
4,795
—
—
56,692
63,217
**_Incoming resources from generated funds - Investment income_**
1020 - Interest received
396
—
—
—
396
414
Total
396
—
—
—
396
414
**_Other incoming resources_**
1030 - Rent
—
7,440
—
—
7,440
7,404
Total
—
7,440
—
—
7,440
7,404| |---|---| ||396
—
—
—
396
414
—
7,440
—
—
7,440
7,404| ||—
7,440
—
—
7,440
7,404| |**INCOME TOTAL**|52,294
12,235
—
—
64,529
71,035| |**EXPENDITURE**
**_Charitable activities_**
2200 - Heating, light and water
2201 - Insurance
2231 - Cleaning
2232 - Other working expenses
2233 - Building maintenance
2234 - Catering
2235 - Audio and Visual
2236 - Gardens & Grounds.
2500 - Ministerial Net Pay
2501 - Travel Expenses
2502 - Visiting Ministry
2503 - HMRC National Insurance
2504 - Allowance Mrs R Smith
2600 - Publicity
2610 - Flowers
2630 - Gifts and Prizes
2640 - Stationary
2650 - Arts, Crafts and Activities
2660 - Safeguarding Expences
2700 - Missionary Payment
2710 - Benevolent Fund gift
Total
**EXPENDITURE TOTAL**|1,451
371
—
—
1,822
1,195
1,077
—
—
2,272
337
3
—
—
340
902
1,716
—
—
2,618
519
3,684
—
—
4,203
101
281
—
—
383
564
342
—
—
906
2,240
140
—
—
2,380
22,623
—
—
—
22,623
777
225
—
—
1,002
920
—
—
—
920
1,283
—
—
—
1,283
3,425
—
—
—
3,425
1,236
87
—
—
1,324
475
—
—
—
475
—
—
—
—
—
234
—
—
—
234
—
364
—
—
364
—
415
—
—
415
—
3,132
—
—
3,132
—
1,750
—
—
1,750|2,305
1,898
385
2,939
2,972
992
552
—
19,635
900
800
4,425
3,900
285
600
348
195
470
—
3,741
200| |---|---|---| ||38,286
13,591
—
—
51,878|47,548| |||| ||38,286
13,591
—
—
51,878|47,548| |||| |**GRAND TOTAL**|14,007
(1,356)
—
—
12,651|23,486| **Page 7** LINCOLN ROAD CHAPEL **ACCOUNTS** 1st Jan. to 31st Dec 2020 ## **RECEIPTS AND PAYMENT** Charity Commission Registered Charity No. 1175925 |Offerings (Gift Aid)
Offerings & Special Gifts
Youth & Childrens Work Receipts
Benevolent Fund Receipts
Designated Offerings (Missions)
Sale of Piano (2019) & Cupboard (2020)
Legacies
Interest: Bank & Investment Accounts
Rent Income: Beaufort House
Tax Recovered from HMRC (Gift Aid Reciepts)
**RECEIPTS FROM ASSETS**
**RECEIPTS - VOLUNTARY**
**RECEIPTS - OTHER**|**2020**
33,110.00
9,954.30
341.00
1,970.00
1,984.00
60.00
149.00
47,568.30
396.88
7,440.00
7,836.88
9,124.32
**64,529.50**
**78,151.57**
**142,681.07**
28,109.68
920.00
314.09
314.84
1,324.35
0.00
30,982.96
3,773.86
1,822.91
2,876.84
2,100.00
1,390.00
0.00
11,963.61|**2019**
39,786.40
6,355.58
2,050.41
40.00
3,344.60
100.00
400.00| |---|---|---| |||52,076.99| |||414.32
7,404.00| |||7,818.32| |||| |||11,140.01| |||| |**Total Receipts**||**71,035.32**| |**Bank Balances at 1st Jan. 2019**
**TOTAL**||27,961.32
800.00
1,048.38
1,230.24
285.91
500.00| |Salary/Allowances/Nat. Insurance
Visiting Ministry
Bengali Fellowship
Youth & Childrens Work
Publicity & Evangelistic outreach
Annual Offering to A.O.G.
Council Tax & Insurances
Utilities (Gas, Electricity & Water)
Repairs, Maintenance & Improvements
Tree Surgery
Decoration of Rear Hall
Decoration of Lobby
**PAYMENTS - MINISTRY**
**PAYMENTS - PROPERTY**||| |||31,825.85| |||3,341.89
2,305.20
2,732.06
0.00
0.00
500.00| |||8,879.15| Page 1 of 2 |Stationery
Catering (Family Church, Joint Meetings etc.)
Audio & Visual
Miscellaneous
Toys & Arts/Craft Materials
Cleaning
Safegaurding Expenditure
Church Floral Decoration
Accounts (Software, Examination etc.)
World Mission & Relief Appeals
Benevolent & Floral Tributes
**PAYMENTS - ADMINISTRATION**
**PAYMENTS - GIFTS**|| |---|---| ||| ||| ||| ||| |**Total Payments**|| |**Bank Balances at 31st Dec. 2020**
**TOTAL**|| |Natwest Current a/c
Natwest Business Reserve a/c
National Savings Income Bonds|| ## **ASSETS - With approximate value** |**ASSETS - With approximate value**|| |---|---| |Lincoln Road Chapel, Ponders End, Enfield, EN3 4AH|£500,000| |Beaufort House, 442 Lincoln Road, Enfield, EN3 4AH|£450,000| |The Manse, 70 Sutherland Road, Edmonton, N9 9QG|£350,000| _**These properties are held mortgage free in the name of the Trustees for Lincoln Road Chapel**_ Page 2 of 2 Lincoln Road Chapel Independent Accounts Examination 1st January - 31st December 2021Y REPORT Uncoln Road Chapel Independent Afc¢yJnts Exaffllnatlon 202 Content: General Information Page 3-4 Charity Commission Directives and their Application in work of LRC- Page 5-9 Page 10 Closing Statements un￿1n Road Chapel Independent Accounts Emamlnatlon 20Z(r i. General Information: LINCOLN ROAD CHAPEL REGISTERED CHARITY 1175925 Church location: 4AH LINCOLN ROAD, PONDERS END. ENFIELD EN3 Online: htips.1lwww.linc0lnroadthapel.o￿uv Affiliations: NONE Governing Document: CONSTrrurioN ADoFfED 19 NOV 2017 Charity Objectives ADVANCEMENT OF THE CHRISTIAN FAITH AND OTHER CHARITABLE PURPOSES FOR THE BENEFIT OF THE COMMUNITIES IN THE UNITED KINGDOAI AND OTHER PARTS OF THE WORLD TRUSTEES: ALAN BOCOCK CHAIR RICHARD FELLOWS TRUSTEE Rev PAUL FELLOWS TRUSTEE CHILONGO SATHULU TRUSTEE Uncoln Road Chapel Indewnd•nt Accwnts Ex•mlnatl(•n 202 CHURCH ACTIVITIES IN THE YEAR 1•t JANUARY TO 31st DECEMBER 2020, UNCOLN ROAD CHAPEL (FURTHER REFERRED TO AS LRCI HAD ADAPTED ITS WORKS TO THE DEIAANDS IPAPOSED BY THE Cov1￿19 PANDEIK. DUE TO SOCIAL DISCTANCING, AII FACE-TO-FACE ACTMTIES HAD STOPPED AND WERE REPLACED, BY THE ONLINE MEETINGS. THOSE WERE WEEKLY PRAYEK BIBLE STUDY ON ZOOM. WEEKLY NEWSLErrER BY EMAIL AND SUNDAY SERVICE ON ￿)CIAL PAEDIA (YOUTUBE). OTHER WORK: CONTINUED SUPPOIU TO VARIOUS CHARMES VIA ONLINE OFFERINGS FINANCE: IN THE YEAR 2021Y INCOME AND EXPENSE WERE AFFECTED BY CORONAVIRUS iot4UNE PRESENCE ONLY). CHARITYS INCOME CAME FROM VOLUNTARY DOIIATIONS ICASHLES5 PAYMEPITS) AND INVESTMEtirs (BANK AND RENT FROM BEAUFORD HOUSE). OThER INCOME- TAX RECOVERED FROM HMRC EXPENSES: PAYMEpifs IAADE WERE IN SUPPORT OF THE WORKS OF THE IAINISTRY. DEVELOPMEKf AND IAAINTENANCE OF THE PROPEKry OWNED BY THE CHARITY, ADMINISTRATNE PAYMEpifs AND GIFf PAYMEKfS. Llncoln Road Chapel Independent Accwnts Examlnatlon 2021Y 2. Charlty Commission Directives and their Application In work of LRC The aim of this Independent Examination of the Lincoln Road Chapel, Registered Charl￿$ Accounts, is to assure the accuracy of entries and their consistency and comparability with accounting records and past periods. Lincoln Road Chapel's examination follows the New Charity Commission Directions and Guidance. The following directions apply: l. Eligibility check for Independent Examination in the year 2020 the total income from the activities of Lincoln Road Chapel was £64,529.50 inclusive of income from Assets and Taxes reclaimed from HMRC. This qualifies Lincoln Road Chapel for an Independent Examination rather than an Audit (Im total income, or £250,000 plus the aggregate value of assets- a threshold for compulsory Audit) 2. Conflict of interests check - None 3. Recording of the Examination Notes have been taken during this Independent Examination. and along with the Report will be available for viewing by third parties. 4. Plan of the Examination 27104 Invitation to examine Lincoln Road Chapel's accounts ending 31 December 2020., followed by 3 Confirmation email on 110912021 5109121 Accessing software and hard copy of Lincoln Road Chapel's accounts 15/09/21 Setting up a plan of the examination - email sent. Tasks undertaken in the examination Examination of computer files Examination of paper files Verification of information about Lincoln Road Chapel's activities from the gov.uk website. Additional information about the activities from the Lincoln Road Chapel's Website Checks for changeslupdates in Regulations regarding the Examination Detailed checks how the Charity Commission Directives are implemented in the works of Lincoln Road Chapel and in the Independent Examination. Checks how the 2019, Independent Report recommendations have been followed. Adherence to Anti Money Laundering Regulations as per regulatory guidance. ICB AML: Client Record No: 119348 Writing the Report and the Conclusive Statement. 5. Check that accounting records are kept to the required standard. Presented accounts are available, complete. and sufficient for the examination. The content of paper files is well documented, containing the bills, invoices, records of direct debit payment. bank statements and other supporting documents. The financial information in manual files is verifiable with the files on Charitls software. 6. Check that the accounts are consistsnt with the accountlng records. The principle of Consistency applies to the accounts of Lincoln Road Chapel for the year 2020. Accounting entries reflect the activities documented and are in line with the past periodls). as per verification. Checks of the manual and computerised records were made and those are conclusive that the records correspond one with another. 7. Check rf the related party transartions took place and were disclosed in the accounts This applies only to the accounts prepared on the accrual basis not to Lincoln Road Chapel, where the accounts are prepared on the receipts and payments basis. 8. Check how reasonable were significant judgements. estlmates and accounting policies used in accounting for the types of funds held and In preparation of the accounts. The funds are governed by the Trustees and in the Lincoln Road Chapel's accounts are distinguished as follows: the general/unrestricted fund and the designated funds. The general fund is made up of all money received without any specific allocation request. The designated funds are to meet the purposes/needs of the ministry and other needs, as per Charitls commitment stated in the Governing Document- Constitution adopted 19th of November 2017 (www.Gov.UK find-charit information) to spread the Christianity and help other UK and world ministries. In the year 202(Y Lincoln Road Chapel has carried out its church program mainly online. As face-to-face activities and offerings ceased, there was, consequently, no or little movement of funds. This would refer for example to Building Renovations, Mothers and Toddlers. Decreased use of church premises contributed to the reduced supplier bills during the pandemic. However, to cover those, funds still had to be transferred from General Fund, on the treasurers, decision. Rents from Beaufort House were incomin& and those were allocated to the Manse and Beauford House Funds. Public donations continued mainly to Benevolent Fund and were then governed by the Trustees as deemed necessary to meet a specific need or issue caused by the Coronavirus. The above examples of money management during the pandemic display sound judgement and abilities of the trustees 9. Check If the Trustees have considered the financial cIrcuMstsn￿ of the Charity at the reporting period end. There were no Trustees, meetings during the year 2020 to discuss the financial matters of the Charity. However. despite the decreased activity during the pandemic, the interim accounts were released and at the year-end 2020, accounts were examined by the Eldersrrrustees prior to their release to circulate in the Fellowship. 10. Check the forni and content of the accounts. Chariws accounts are lawfully prepared on a receipts and payments basis, with the annual gross income below the amount of £250,(XK). (a legal threshold to prepare accounts on a receipts and payments basis). 11. Identify the Items from the anatytical review of the accounts that need to be followed up for further explanation or evidence. Both manual and computer files are well kept and serve the purpose of identifying how Lincoln Road Chapel manages its income and expenditure as per the activitie5 Stated. 12. Compare the Trustees Annual Report with the accounts. The Trustees, Annual Report provides comprehensive information about the Charity, its works and finance in the year to 31st December 2021Y. It also contains figures for the year 2019. The figures in those Reports were recalculated and compared with the figures in the Lincoln Road Chapel's Accounts, for the years 2020 and 2019. In conclusion. the Trustees Annual Report accords with the Accounts for the year under the examination (2020) and 2019. though negligible rounding differences may apply. 13. Write up and slgn the Independent Examirh1tion Report This document is the record of the Independent Examination of Lincoln Road Chapel for the year to 31st December 2021Y. Other Responsibllitles of the Irthpendent Examiner: The statutory duty to report matters of material significance to the Charity Commission - No such matters as assessed against the list of nine matters agreed by the Commission. the Office of the Scottish Charity Regulator {OSCR). and the Charity Commission for Northern Ireland (CCN), compulsory for the Independent Examiner to follow. Examinerfs discretion to report relevant matters to the Commission No matters Outside the list of nine matters of material significance were found and regarded as important to report to the Commission. Lincoln Road Chapel Independent Accounts Examinatlon 2021Y Recommendations Set up of manual files for bills and payments as per category- optional Evaluation of fixed assets- optional Filling the Reviewed Accounts and the Trustees, Annual Report with the Commission - as required Legal References The Directions of Charity Commission HMRC website- Independent Examination of Charity Accounts The Charities Act 2011 Uncoln Road Chapel Independent Accounts Examlnatlon 2021Y Closing Statement In the Independent Examination of Lincoln Road Chapel for the year ending 31. December 2020.. No Matters Came to my Attention. Signed Renata Stamoulis Independent Examiner MICB Full Member Mr Richard Fellows Representing the Trustees of Lincoln Road Chapel THE INSTITUTE OF CERTIFIED BOOKKEEPER Rwtered PractKe in England Number 13771 LKerKed and Re4uiated h the In5trtute ot Certified io