OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

Life Dronfield CIO

Annual Report for April 2020 – March 2021

Charity Registration Number 1176609

Trustees

The Revd A C Gore (Chair) Mr A Evers (Vice Chair) Rev Dr C Walton (Secretary) Mrs J A Thompson (Treasurer) Dr R Ashley Mr D Dalton Mrs M Dalton

Mrs B Taylor

Bankers

Co-Operative Bank plc , P O Box 250, Skelmersdale, WN8, 6WT

Independent Examiner

Mr John Plant 8 Hawkshead Avenue, Dronfield Woodhouse S18 8NB

Aims and Purposes

Life Dronfield CIO currently operates from Dronfield Baptist Church, 1 Stubley Lane, Dronfield, Derbyshire. S18 1PE. It is focussed on opening and successfully operating a Community Space, which we aim to run out of the current Parish Hall, Church Street, Dronfield.

Objectives and Activities

The object of the CIO is to advance the Christian faith in accordance with the principles and practices of the Participating Denominations with the Parish of Dronfield and Holmesfield:-

  1. (a) the celebration of public worship and sacraments; (b) the teaching of the Christian faith;

  2. (c) promoting and supporting the Christian mission and evangelism;

  3. (d) pastoral work (including visiting the sick and the bereaved);

  4. (e) the provision of facilities with a Christian ethos for the local community (including, but not restricted to, the elderly, the young, and other groups with special needs).

  5. To promote the benefit of the inhabitants of the area of benefit without distinction of sex, sexual orientation, age, disability, nationality, race or of political, religious or other opinions, by associating together the said inhabitants and the statutory authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants;

  6. To establish, or secure the establishment of, a Community Centre and to maintain and manage the same (whether alone or in co-operation with any statutory authority or other person or body) in furtherance of the Objects; The Charity shall be non-party in politics and non-sectarian in religion. The area of benefit ("area of benefit") shall be Dronfield and surrounding area.

  7. To promote such other charitable purposes as may from time to time be determined.

Achievements and Performance

The Covid-19 pandemic has greatly impacted the Charity’s activities during this last year. The Trustees have continued to meet monthly using the Zoom platform to evaluate the ongoing impact of Covid-19 and how we can fulfil our charitable objectives. We have sought to provide pastoral care and to benefit those within our town and district who have significantly impacted by the need to shield or to isolate themselves for health reasons. To help alleviate the sense of loneliness and isolation the charity distributed 106 Christmas parcels, using members of local churches and the district nurses, to those most in need. This was supplemented at Easter by the delivery of 183 eggs to those still isolated and shielding. Using the networks within the town, such as Dronfield2gether and Rotary, many within our community participated in providing the different goods needed.

The primary objective of the Charity at this current time is the purchase of the Parish Hall from which we may fulfil our objective of providing a facility with a Christian ethos for our local community. Therefore, we continue to review and update our longterm business plan to both mitigate risk as well as develop the Charity and its charitable activities in the future. We have also expanded our Trustees with the addition of Rev Dr C Walton who replaced our previous Secretary, Mr M Blackwell, and also Mrs R Taylor.

The Charity is in a sound financial position and currently holds an adequate level of reserves, the Trustees will ensure that future plans and decisions maintain this financial position and support the Charity's long-term financial viability. We will continue to promote the charity and focus on the needs of our community and are hopeful we can recruit further support from churches and our community this year and in future years.

The Charity’s website is undergoing rebuilding to provide a fast and user-friendly site for those who wish to be informed, to support and to give to the work of the Charity. During this year we have sent out 3 newsletters to our supporters who currently number 124.

Structure, Governance and Management

The charity is managed under the following structure and each element is led by two Trustees: Finance and Business; Operational and Buildings: Finance and Business:- This subgroup’s remit is the day to day financial running of the charity with the necessary policies and procedures in place. - Operational: This sub-group will generate policies and procedures to match the ongoing development of the charity’s ministries; such as the Safeguarding policies for the planned detached youth work which did not happen this year due to the covid-19 restrictions.

The number of Trustees has grown with the addition of Rev Dr Chris Walton and Mrs Rebecca Taylor. However, Mr Mark Blackwell had to stand down due to commitments at work and we are grateful to Rev Dr Chris Walton for taking on being secretary to the Trustees. The work of the Trustees is now being complemented by the Life Support Team (Mrs S Webster, Mt B Jex and Mr C Turk), which sadly has been depleted by the stepping down of Mr J Plant and E Tomlinson. Their participation in the project has been much appreciated.

Financial Review

During 2020 – 2021 Life Dronfield CIO had an income of £39,800. This has been raised through the regular giving of committed supporters as well as through fund raising by a number of individuals in the Dronfield 10K, an auction in December, Christmas fun bags, a sponsored walk. We have also received two one-off donations linked to the purchase of the intended building and these are both placed as restricted

funds. Life subscribed to a financial support organisation called Stewardship to provide impartial advice and consultancy. The current balance for the Charity is now £103,000. The Trustees recognise that we are over the FSCA compensation limit of £85,000 held by the C0-Operative bank and we will be taking the necessary steps to resolve this. Mr J Plant has been appointed for this year the Independent Examiner for the Charity’s accounts.

Life applied this year to the Yorkshire Baptist Association (YBA) for a loan to purchase the Parish Hall and this application was endorsed by Dronfield Baptist Church who are significant partners in the Charity and which was required for the YBA to consider the application. After due consideration the Charity was refused the loan primarily on the grounds that the Charity was not actually part of Dronfield Baptist Church. The Charity will continue to seek other avenues of financial provision.

The Charity's policy for holding reserves is to support the development of its charitable activities, to provide a contingency for unforeseen circumstances and to build a fund to support the future running costs of the community spaces in Dronfield where it plans to deliver its charitable and income generating activities. The charity is actively trying to develop other funding streams including sponsorship, bidding for capital and revenue grants and the development of income generating activities based around the provision of catering services to the Dronfield community. The Charity still has within its reserves a £30,000 loan which will be repaid over a 15 year period.

Charity Name
Life Dronfield		 Charity Name
Life Dronfield		 Charity Name
Life Dronfield		 Charity Name
Life Dronfield		 Charity Name
Life Dronfield		 No (if any)
1176609		 No (if any)
1176609		 No (if any)
1176609		 CC16a
For the period
from		 1stApril 2020
Period start date		 To Period end date
31st March 2021
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
16,866
1,953
126
0
0
0

18,945		 Restricted
funds
to the nearest £
20,625
0
0
0
230
0
0
0
20,855		 Endowment
funds
to the nearest £
0
0
0
0
0
0
0
0
0		 Total funds
to the nearest £
37,491
1,953
0
0
356
0
0
0
39,800		 Last year
to the nearest £
Voluntary Receipts 16,866 25,405
Activities for Generating Funds 1,953 599
Investment Dividends / interest 0
Receipts from Charitable Activities 0
Other Receipts 126 30,000
0 0
0 0
0 0
Sub total(Gross income for AR)
18,945		 56,004
A2 Asset and investment sales, (see
table).
0 0 0 0 0
0 0 0 0 0
Sub total
0		 0 0 0 0
Total receipts
A3 Payments
56,004
Cost of Charitable Activities
FundraisingCosts(TradingActivities)		 2,792 9,685
23 297
Cost of generating receipts
Governance costs		 96 73
120 0
0 0
0 0
0 0
0 0
0 0
Sub total 3,031 10,055
A4 Asset and investment purchases,
(see table)
0 0
0 0
Sub total 0 0
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
10,055
15,914 36,604 67,085
0 0 0
67,085 67,085 0
82,999 103,689 67,085

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on behalf of all
the trustees
B5 Liabilities
B4 Assets retained for the
charity’s own use
B3 Investment assets
B2 Other monetary assets
B1 Cash funds		 Signature
Interest free loan
Details
Details
Details
Details
Cash at Bank
Total cash funds
(agree balances with receipts and payments
account(s))
Details		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
82,999
20,690
0
0
0
82,999
20,690
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
0
0
0
0
0
0
0
0
0
0
0
0
Fund to which
asset belongs
Cost (optional)
0
0
0
0
0
Fund to which
asset belongs
Cost (optional)
0
0
0
0
0
0
0
0
0
Fund to which
liability relates
Amount due
(optional)
Unrestricted
30,000
0
0
0
0
Print Name		 Endowment
funds
to nearest £
0
0
0
0
OK
Endowment
funds
to nearest £
0
0
0
0
0
0
Current value
(optional)
0
0
0
0
0
Current value
(optional)
0
0
0
0
0
0
0
0
0
When due (optional)
09 January 2035
Date of approval