SCORRIER CHRISTIAN FELLOWSHIP ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023
SCORRIER CHRISTIAN FELLOWSHIP ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 INDEX TO REPORT AND ACCOUNTS Pa Trust Information 2 - 5 Trustees Report Independent Examiners Report Receipts and Payments Account Statement of Assets and Liabilities 9 - 11 Notes to the Accounts
SCORRIER CHRISTIAN FELLOWSHIP ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 TRUST INFORMATION The Scorrier Christian Fellowship was registered as a Charitsble Incorporated Organis8lion, (registered charity number 11762111, by the Charity Commission on 11th December 2017. The Trusle8s serving during the period covered by this report are as follows.. Mr C D Wells Pastor and Elder Commenced full lime 1st Jan 2021" Mr S R 8urns Elder 3 year$ 3 years Re-appointed 261h Sep 2023 IAT S P Davis - Deacon Re-appointed 22DQ January 2024 Stepped down on 3151 March 2023 Stepped down on 3151 March 2023 Re-appointed 12th February 2023 Appointed 261h September 2023 Appointed 23rd January 2024 Mr D C S Harvey Mr R N Morriss Deacon 3 years Deacon 3 years Mr J W Pengelly - Deacon 3 years Mr A J Trevorrow - Deacon 1 year DrPHam Eld8r 1 year Note: There was a Conflict of Interest b818en the Church Handbook and the Contract of Employment for Colin Wells regafding re-appointment every three years The Church Members agreed unanimously al a Church Business meeting on 261n September 2023 10 amend the Church Handbook lo remove this requirement. The correspondence address 1$ 'Tregleah', North Downs, Scorrier, Redrulh. Comwall. TR16 5BT. The Independent Examiner Is.. Simon Reed FCA Graham Smith Chartered Accountants Cardrew House Cardrew Induslnal Estste Redrulh Cornwall TR15 1 SP The Charity's Bankers are.. Lloyds Bank plc Market Square Camborne CornwaS1 TR14 8JT Page 1
SCORRIER CHRISTIAN FELLOWSHIP ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 TRUSTEES REPORT OBJECTS The main object of the trust as staled in the trust deeds is the advancement of the Christian Religion. A fu11 definition of this objective, and in particular the Basis of Faith, is contained In the Church Conslilulion, formally ratified al a Church Members Meeting on 81n October 2017, and the Church Handbook. formally ratified al a Church Members meeting on 8th October 2017 with section 2.4.2.7 being amended at a Church Members Meeting on 24th September 2023. THE FELLOWSHIP.. ITS AIMS AND OBJECTIVES The trustees aim lo achieve the main object ol the trust by providing a suitable environment for fellowship and development and by supporting various other charities with similar objects. The main way in which the trust's objects are met is through ils regular meetings. all of whi¢h are open lo the general public. The policy of the church is not lo lake offerings during meetings. Opportunities lo make a donation lo the funds are available at each meeting. Members are encouraged to make regular free.will donations. The managing trustees believe that they have been fully compliant in meeting the public benefit requirements of section 17 of the Charities Act 2011 to have had due regard lo th8 public benefit guidance published by the Charity Commission. THE YEAR,. ITS OBJECTIVES AND ACHIEVEMENTS PREMISES Redecoration ol the downstairs hall and foyer planned for 2023 was again stalled partly due lo two weddings taking place during the year which squeezed the time available lo do the work. 11 Is intended lo start and complete the work during 2024. The aim is for members of the fellowship lo do the work. The stone walls forming the roadside boundary hedge were repaired in February 2023. The coloured glass side windows al the front of the building were covered with acrylic sheets attached lo the outside window frames in July 2023. A problem was discovered during the summer of under stairs floor on the railway side. Investigation revealed Totten flooring and weakened supports for the stairs. A full repair was carried out In September. A work paty was planned for O¢lober 2023 bul circumstsn¢e$ enforced a poslponemenl lo Spring 2024. We have been reliant for many years on wi11ing volunteers lo regularly mow the grass areas which surround the building. During 2023 il became apparent that this was no longer a viable option In the autumn we were offered a suitable second hand ride-on mower which we purchased in December. Permanent on-511e storage is a problem lor this acquisition and one of the tasks lor 2024 Is lo extend our current slor8ge facilities to house the mower 11 is temporarily being housed in a nearby secure garage which Is not being used as such. Several other major tasks were identified during the latter part of the year which will need lo be performed by external contractors and a plan is being drawn up as lo how and when lo gel these tasks done. FELLOWSHIP Our full-time pastor, Colin Wells, who joined us in January 2021 has continued lo be a blessing lo the church fellowship. Our Sunday morning services have been primarily in person meetings bul with each service being broadcast via ZOOM The service is also video recorded, and a viewing link sent lo all who desire It. This has enabled those who have difficulty to attend In person to share In the service Page 2
SCORRIER CHRISTIAN FELLOWSHIP ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 1123 Sunday evening meetings have seen change5 In format during the year One Sunday a month we meet in person In the church building, on another Sunday we meet online via Zoom. and on the remaining Sunday's we have a "Prayer Grid. with prayer suggestions which we can use for private prayer. All the regular ministry activities have taken place regularly throughout the year. Meetings are only suspended during $¢hool holidays. particularly August. Small Group meetings have flourished during the year with the number of groups meeting Increasing. Sing and Play, la carers, and toddler groupl has continued throughout the year with very good attendances. Friday Church, which meets monthly, has had stable attendances with between 20 10 30 youngsters plus their parents meeting. The Young People's group has mel regularly once a month with up to eight young people of seconcsary school age attending. A Christmas Carol Service was held with the residents of the Crossroads Lodge Cafe Home in December. This was the first lime for 4 years as a result of the home shielding the residents from harmful viruses A large number ol the congregation were able lo gather and sing carols with the residents. Further opportunities are expected to occur during 2024. We have been able to continue in-person visits from missionary groups and individuals during the year. There have been no major incidents during the peric*J. Colin Wells, our full-time pastor. is the only Managing Trustee lo have recewed any remuneration. All Iruslees are reimbursed any approved expenses incurred as a part of their duties. The wife of one of our Deacons is paid as a part tink cleaner for the building on a sèlf-employed basis. The Elders and Deacons decided to retain three Designated Funds for 2023. The fijnding is allated as percentage of the regular unreStrted income, The Missionary and Outreach Fund was given an allocation of 159/0 and totad £11,257 linwme In 2022. £7.7711, The 8uilding Maintenance Fund allocation was agreed al 5 /0 and lolaled £3.752 lincome in 2022.. £2,5901, and The DIretionary Assistan Fund was allctaled 10h and lolaled £750 (income in 2022.. £5181. For 2024, the allocations will be Missionary and Outreach Fund 150h, Bu11n9 Maintenano Fund 5•/0, and Dis¢relDnary Assistsnce Fund 0%. PLANS FOR 2024 PREMISES Redecoration following the damp proofing work done on the premises during 2020 needs lo be completed In 2024. 11 is planned lo do this using 'in-house work parb'es. rylic shoe11ng will be fixed to the exterior of the remaining extemal windows. A number of major tasks will need lo be undertaken by specialist Contractors. A plan of ath.on is being drawn up. FELLOWSHIP Fellowship activrties look as if they will continue as in 2023. bul are continually reviewed during the 11 Is anticipated that our Sunday morning meetings will continue lo be'hybrid. In nature FINANCIAL REVIEW OF 2023 General Fund Income increased during the year with two significant one-off donations. A further gift of £4,000 from the Town Church. Bicesler was received for the Training Fund The aim of the luncs is to help train future leaders within the church fellowship. This donation has been Irealed as restricted donation. We are eonsidering how to use this fund in the coming years. Donations were received as part of special offerings during the year. These included, Scriptures for Ukraine. Christmas 2022, the Transformation CPR foodbank. January and October and St Petrocs. Christmas 2023. Some of these donations were eligible for the SDGAS. Page 3
SCORRIER CHRISTIAN FELLOWSHIP ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31sf DECEMBER 2023 During the period a lolal of £2.118 was donated lo the charity lo be paid directly lo other charities and charitable causes All has been disbursed with the exception of the £4.000 Training Fund and the 2023 Christmas offering. The latter will be disbursed early in the New Year. In addition, £8.352 was donated lo other ¢harili¢$ and charitable causes from the unr¢stncted fund. During 2023, unrestricted income exceeded expenditure by £11,71812022' excess income over expenditure of £3061. Unrestricted funds al the end of the year amounted lo £56.31412022. £45,136) This is equivalent lo approximately 11 12023. 111 months of unreslricled expenditure. The Iruslees have a policy to maintain unreslricled reserves of al least 3 month5 unrestricted expenditure. GRANT MAKING POLICY Gifts lo external organisations and individuals are considered on the basis of need and the fuifilmenl of the charitable objectives. There are no upper or lower limits. To facililale these activities a percentage ol General Fund Income is allocated by the Iruslees lo three designated funds. Missionary and Outreach, Buildin9 Maintenance and Discrets'onary Assistance Funds. The arrangements are reviewed al least annually. During 2023, the percentsge allocations lo these designated funds was 1 SQkn lo the M15sionary and Outreach Fund. 5Oh lo the Building Maintenance Fund and 10/0 lo the Discretionary Assistance Fund. RISK MANAGEMENT All major Insurable risks are Subject lo normal churches and employer's insurance. Conlraclual risks are reviewed before being entered into to assess that they coulcs not significantly Impact upon the fellowship's ab11ity lo lulfil Ils objectives. An annual review of Health and Safety risk is undertaken by the Iruslees. Similarly Safeguarding risks are also reviewed annually. All risk assessments were reviewed in the autumn 012023.
SCORRIER CHRISTIAN FELLOWSHIP ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 STATEMENT OF TRUSTEES RESPONSIBILITIES Charity law requires the trustee5 to prepare financial statements for each financial year. In preparing those financial slalements, the trustees are required lo.. select suitable accoun11ng policies and then apply them consislenlly make judgments and estimates that are reasonable and prudent. and prepare the financial slalemenls on the going conTrrn basis unless il is inappropriate to presume that the charity will continue to operate The Iruslees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any lime the financial position of the charity and enable them lo ensure that the financial slalemenls comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities This pOrt was approved by the Tru$lee$ on . /./ Mr C D Wells P4e5
SCORRIER CHRISTIAN FELLOWSHIP ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SCORRIER CHRISTIAN FELLOWSHIP I report to the Iruslees on my examination of the aGGounls of Scorrier Christsan Fellowship for the period ended 31th December 2023 which are Sel out on pages 7 10 11. Respectivg Responslbilities of trustge3 and examlner The charity's Iruslees are responsible for the preparation of the financial slatemenls. The charity's Iruslees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 Ilhe 2011 Acll and that an independent examination Is needed. 11 is my responsibility lo.. examine the financial statements under section 145 of the 2011 Act. to follow the procedures laid down in the General Directions given by the Charity Commission under $e¢lion 14515llbl of the 2011 Act. and lo slate whether particular matters have come lo my attention. Bas1• of Independent Ex4mlner'8 Roport My examination was carried out in accordance with the Genera5 Directions given by the Charity Commission An examination Includes a review of the accounting records kept by the Charity and comparison of the accounts presented with those records. 11 also includes Consideration ol any unusual items or disclosures in the financial statements and seeking explanations from you as Iruslees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required In an audit, and consequently no opinion Is given as lo whether the financial slalemenls present a 'true and fair view, and the report is limited lo those matters sel out in the slalemenl below. Indopendent Examlner's Statement In connection with my examination, no matter has come to my attention.. )ich gives me reasonable cause lo believe that in any material respect the fequirements.. lo keep aecounting records in accordance with section 130 01 the 2011 Act and lo prepare fi'nancial statements which accord with the accounting requirements of the 2011 Act have not been mel". or lo which. in my opinion, attention should be drawn in order to enable a proper understanding of the financial slalemenls 10 be reached. n Reed FCA Graham Smith Chartered Accounlanls Date Ib Page 6
SCORRIER CHRISTIAN FELLOWSHIP ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 RECEIPTS AND PAYMENTS ACCOUNT YEAR TO 31ST DECEMBER 2022 YEAR TO 31ST DECEMBER 2023 Unrestricted Restricted Total Unrestricted Re$liicted Total 6,592 18,064 27,217 529 6.592 26,478 27.217 529 16 Collections Donations Gift Aid & Tax Repayment¥ Gift Aid Small Donation Scheme Claim 6,919 18,357 48,857 6,919 24,372 48,857 8,414 6.015 103 Other Activities Miscellaneous Donations Investment In¢omo Bank Interest 350 350 350 350 1256 184 52,752 ,414 61,166 TOTAL RECEIPTS 77.121 6,302 83,423 PAYMENTS Charltable Payments Grants Paid 6,939 4.429 11,368 8,352 1,731 10.083 Management & Admlnl8tratlon Pastoral Expenses FIEC Donation Sunday School / Young People Sing & Play Friday Church Special Outreach Events Healing, Light & Water General Operating Costs Bank Charges Independent Examiners Fees Equipment Purchase and Renewal 31,167 982 214 615 881 31,167 982 214 615 881 33.201 1.082 442 1.110 1,170 235 2,678 3.413 175 1,164 3,128 33.201 1,082 442 1,170 235 2,678 3,413 175 1,164 3.638 2,652 2.426 183 1,350 2,652 2,426 163 1,350 510 Property C08ts Insurance Repairs & Maintenance Ilnc Cleaning) Other Building Improvements TOTAL PAYMENTS EXCESS RECEIPTS OVER PAYMENTS EXCESS PAYMENTS OVER RECEIPTS Transfer between funds CASH FUNDS AT 1ST JANUARY 2023 CASH FUNDS AT 31ST DECEMBER 2023 1.s77 3.480 1,577 3,480 1.763 4.975 3,055 1.763 4,975 3,055 68,184 15.239 306 3,985 4.291 11,178 4.061 1361 44,866 45,136 302 4.323 45,168 49.459 45,136 S6,314 4,323 8,384 49,459 64,698 Page 7
SCORRIER CHRISTIAN FELLOWSHIP ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31sf DECEMBER 2023 STATEMENT OF ASSETS AND LIABILITIES IA) CASH FUNDS 2023 2022 UNRESTRICTED RESTRICTED TOTAL TOTAL Balances al Bank and Building Society Lloyds Bank Business Current Account Lloyds Bank Reserve Aceounl Bath Building Society Cash in Hand 1,832 833 50 883 26 1,033 1,033 54,350 8,184 62,534 47,601 56.216 8,234 64,450 49.459 IBI MONETARY OTHER ASSETS Tax Repayment due on Gift Aid Gift Aid Small Donation Scheme 4,148 1,275 4,148 1,312 1,356 1,279 37 5.423 37 5,460 2,635 ICI ASSETS RETAINED FOR CHARITY USE i. Scorrier Chapel Building li. Pianos, Fumilure. Fixtures ISI. FittinBS and Equipment iv. The above assets are all maintained in a good stale of repair. IDI LIABILITIES Running Costs to 31" December 2023 Gas and Electricity 81115 Cleaning Dec 2023 HMRC Tax 900 gc 300 140 140 270 1,487 12 1,487 12 1,272 12 Bank Charge5 Expenses incurred in previous year but not claimed until current year Independent Examination - 2023 704 1,260 1,260 1.164 3,799 3,799 3.722 Page 8
SCORRIER CHRISTIAN FELLOWSHIP ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 1123 NOTES TO THE ACCOUNTS YEAR TO 31ST DECEMBER 2023 8asls of Accounts Preparation The accounts are prepared on the Reip1S and Payments basis. Accounting Policies lal Donations, Legacies and other receipts are included in the period in which they are received. Ibl Income Tax refunds on Gift Aid payments are not recognised in the accounts until they have been received. Icl Funds held by the ChaTIty are. Unfeslricled General Funds- These are funds that can be used in accordance with the charitable objects al the discretion of the Iruslees Designated Funds- These are funds earmarked for specific use by the trustees This allocation can be altered by the Iruslees. Reslricled Funds- These are funds that can only be used for particular restricted purposes within the object of the charity Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 1111 Funda Held by the Ch•rfty Re8trlcted Funds- curront year BaLgnce al 1* Jan 2023 Receipts Payments Transfe Balance al 3111 Dec 2023 Missionary and Outreach Ministry Support Training Fund Equipment Fund Humanitarian Aid. 500 500 360 360 4,000 4,184 510 8.184 510 Transformation CPR Christmas Offering Scriptures for Ukraine Christmas Offering - Sl Petrocs Total Reslricled Funds 418 418 323 130 200 453 200 4,323 6,302 2,241 8.384 Page 9